Total Value Locked on Venus €2,950,234,949.53 Market Cap (XVS) €358,415,377 Analysis : - Wait the confirmation (RSI + yellow triangle) Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC). The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized...
What was the cause of this correction? Hard to say. There may have been a boost generated by the decline in Nasdaq tech stocks. There have also been negative comments from the new Secretary of the Treasury, Janet Yellen. Or a tweet from Elon Musk suggesting that the price of Bitcoin is high. But the explanation is probably much simpler. It is simply a technical...
Analysis : - Hidden bullish divergence - On the Kumo Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity. Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020. In August, Curve launched a...
There is approximately US $37 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts. Money in the form of investments, derivatives exceeds $1.2 quadrillion. The value of all cryptocurrencies in circulation ($600 billion) and investment in commercial real estate ($30 trillion) also represent a small...
Qtum (QTUM) is a Proof-of-Stake (PoS) smart contract blockchain platform and value transfer protocol. In PoS, node operators are rewarded for validating transactions. Qtum is built on Bitcoin's UTXO transaction model, with the added functionality of smart contract execution.
ICON is a decentralized blockchain network focused on interoperability. With ICON’s “blockchain transmission protocol”, independent blockchains like Bitcoin and Ethereum can connect and transact with each other. This opens up cross-chain use cases that are impossible without an interoperability layer like ICON.
Analysis : - Ascending triangle - Triple bottom on the support of the ascending triangle - Triple bottom on the support of the RSI VeChain (VET) is a blockchain-powered supply chain platform. Begun in 2015 and launched in June 2016, VeChain aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem which solves some of the...
Analysis : - We still in the canal - The resistance of the triangle can be break (up) or we go to the canal support - first target 46.5$ - 47.5$ : 20% - second target 50$ : 28.5% - third target 54$ : 37.8% Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making...
Reef lost 38% of its value in 10 days. "the time to buy is when there's blood in the streets." Analysis : - triple bottom on the RSI support - We can break the resistance of the yellow triangle before touching the support of the canal - Second resistance 0.04$ - 0.042$ Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield...
The time to buy is when there's blood in the streets. After the hack of the Feb 13, ALPHA lost 45% of its value. Analysis : - Triple bottom on the support - We can break the first resistance - Second resistance : 2.0 $ - Target 3.5$ - 3.7$ : 135% Alpha Finance Lab is a cross-chain DeFi platform that looks to bring alpha to users across a variety of different...
The Injective Protocol project is a revolutionary idea that aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially...
The value locked on Balancer is more than 1.5B, but BAL still have a MC of only 300M. Balancer is a n-dimensional automated market-maker built on Ethereum . It allows anyone to create or add liquidity to customizable pools and earn trading fees. Instead of the traditional constant product AMM model, Balancer’s formula is a generalization that allows any number...
The value locked on Balancer is more than 1.5B, but BAL still have a MC of only 300M. Balancer is a n-dimensional automated market-maker built on Ethereum. It allows anyone to create or add liquidity to customizable pools and earn trading fees. Instead of the traditional constant product AMM model, Balancer’s formula is a generalization that allows any number of...
If we break the resistance of the triangle or RSI break the line : - target 0.07 BNB BurgerSwap is the first democratized decentralized AMM on Binance Smart Chain, built without the control of any centralized entity, through smart contracts. BurgerSwap has been developed based on the DEMAX decentralized finance platform built on Binance Smart Chain, enabling a...