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CRYPTONAIRE WEEKLY MAGAZINE 235TH EDITION IS OUT NOW
The #1 CRYPTO TRADING MAGAZINE
❖ Latest Crypto News Digital Magazine
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Fears of a recession, supply chain issues, a China lockdown, and tightening monetary conditions led investors to trim exposure to risky assets last week. The Dow Jones
Industrial Average recorded its firstever eighth-straight weekly loss since 1923. Identically, Bitcoin also made history by closing in the red for the eighth consecutive week.
Although the US equities markets made a strong comeback on May 23, Bitcoin continues to struggle above $30,000. One of the reasons could be that after the collapse of
TerraUSD and LUNA, institutional investors are likely to tread cautiously as the crypto space could come under regulatory scrutiny.
Galaxy Investment Partners CEO Michael Novogratz warned his Twitter followers that in 2018, altcoins had fallen more than 95%. Currently, altcoins are down about
80%. This implies that if history repeats, altcoins could fall another 70% from here. Hence, instead of picking bottoms, Novogratz suggests investors “scale in slowly.”
Bitcoin’s recovery attempts repeatedly turned down from the downtrend line in the past few days. This suggests that bears are defending the level with vigour.
The bears will now attempt to pull the price below the strong support at $28,800. If they manage to do that, it will open the doors for a possible drop to $25,338.53. This is an important level to keep an eye on because if it gives way, the selling could accelerate and the BTC/USD pair could drop to the psychological level of
$20,000.
On the contrary, if the price rebounds off the current level, it will suggest that bulls are accumulating on dips to $28,800. The buyers will then make another attempt to push the pair above the downtrend line.
If they succeed, the pair could rise to the 20-day exponential moving average (EMA). If the price turns down from this level, it will suggest that bears continue to sell at higher levels. The bears will then again try to sink the pair below $28,800.
Alternatively, if bulls thrust the price above the 20-day EMA, it will suggest that the downtrend is weakening. The pair will then attempt a rally to the 50-day simple moving average (SMA).
Lastly please check out the advancement’s happening in the cryptocurrency world.
Enjoy the issue!
Featuring in this weeks Edition:
- LunaOne
- Inddais
- Bancambios
- Smartchem (SMAC)
- PlutusFi
- Faith Tribe
- AppZaloot
- Hubble Protocol
- CleanCarbon
- ZiberBugs
Read More
CRYPTO TRADE OPPORTUNITIES
Binance took just 5 minutes to get over loss of $1.6B in LUNA
Bitcoin Unable to Hold $30K, Altcoins Mixed
G7 Leaders Urge for Swift Regulation of Crypto Assets in Latest Meeting
FTX Token Becomes Second-Largest Holdings Among Ethereum Whales
LunaOne Announces a 25% Bonus for its XLN Tokens
Faith Tribe Provides Independent Creators an Entry into the Metaverse
The Rise Of Inddais, A Link Between Crypto And Mining
Hubble: A Decentralised Platform That Makes Use Of USDH Stable Coins
Hubble Platform: Censorship-Resistant and Decentralised
CleanCarbon – An Eco-friendly Business Model for a Pollution-free World
LunaOne Inddais Bancambios Smartchem(SMAC) PlutusFi FaithTribe AppZaloot HubbleProtocol CleanCarbon ZiberBugs CryptonaireWeekly platinumcryptoacademy Binance Bitcoin Ethereum Ripple Litecoin Ecosystem DayTrading BTC digitalcurrency digitalcurrencymarket DayTrading Cryptocurrencyexchanges digitalexchange
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235th Latest Crypto News Digital Magazine | 24th May 2022 - Platinum Crypto Academy -
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The Rise Of Inddais, A Link Between Crypto And Mining
Inddais is finally live. This is a special token that links crypto with the mining world. The token gives users the chance to buy seed and harvest returns. It will be BNB returns as users will be paid in the form of BNB. It leverages the transparency of blockchain into traditional profit sharing for an ultimate Web 3.0 experience from a simple web portal.
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Fundamental & Technical Analysis of SMAC Token
Germany’s Intelligent Fluids GmbH has come forward to tap into this huge opportunity with its patented technology of smart physical cleaning. Through its patented technology, the company aims to lure global industries to migrate from aggressive and harmful solvents to green chemistry as fast as possible.
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Hubble Platform: Censorship-Resistant and Decentralised
DeFi, short for decentralised finance, is a rapidly expanding industry with so many developments that it’s difficult to keep up with the most promising networks. Solana is making a name for itself as the competitor to Ethereum and other networks in the race to build the best DeFi crypto network.
HubbleProtocol Defi Solana Ethereum USDH Minting TVL DEX Fiat Stablecoins BTC ETH EVM Cryptocurrency CryptonaireWeekly platinumcryptoacademy
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Faith Tribe Provides Independent Creators an Entry into the Metaverse
Faith Tribe joins the band in empowering independent creators in both the physical world and the metaverse. Through Faith Tribe, users will be able to use innovative tools to create their own collection in a digital designer studio, mint it as NFTs and finally sell them on the global marketplace
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Cryptocurrency Prediction: Bitcoin Could Plunge to $25,000
Fears of a recession, supply chain issues, a China lockdown, and tightening monetary conditions led investors to trim exposure to risky assets last week.
The Dow Jones Industrial Average recorded its first-ever eighth-straight weekly loss since 1923. Identically,
Bitcoin also made history by closing in the red for the eighth consecutive week.
Bitcoin TerraUsd Luna CNBC CCI Cryptomarkets Crypto Cryptocurrency CryptonaireWeekly platinumcryptoacademy
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Hubble: A Decentralised Platform That Makes Use Of USDH Stable Coins
Hubble is a decentralised platform based on the Solana blockchain, which is the fastest blockchain technology it utilises.
The company intends to offer multiple DeFi services as a protocol-integrated service and has launched USDH stable coins.
Hubble Solana Blockchain Defi USDH StableCoin DEX AMAS CryptonaireWeekly platinumcryptoacademy
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CleanCarbon – An Eco-friendly Business Model for a Pollution-free World
Inefficient disposal of waste in large volumes chokes landfills and water bodies and also causes damage to human health and the environment.
Most countries do not have the adequate infrastructure and technology required for efficient solid waste treatment.
CleanCarbon Carbo Blockchain Defi Busd PancakeSwap CEX BTC ETH BNB BEP20 Cryptocurrency CryptonaireWeekly platinumcryptoacademy
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SmartChem ICO: Dual Benefits of Value Accretion and Cleaner Planet
Responsible investing is not only about choosing the company or token that will multiply your money but also make the earth greener and rid it of poisonous pollutants. While the equity markets boast of several such companies and exchange-traded funds, the crypto investors had very few options until Intelligent Fluids GmbH introduced SmartChem (SMAC) tokens.
IntelligentFluids Smac BSC biodegradable Dex ATNIRCapital IDO cryptocurrency CryptonaireWeekly platinumcryptoacademy
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SmartChem ICO: Green Chemistry Blockchain Project
Industrial development is one of the key elements of economic progress of a society. Nowadays, however, it has also become one of the main reasons for our health and environmental hazards. The latter is due to the toxic waste emitted by many industries. Keeping industries clean in a sustainable way is one of the largest unsolved problems of the present world.
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