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Dogecoin Runaway Train from Triangle Breakout!Hey Traders in last weeks video I had mentioned that Dogecoin could be breaking out of a consolidation pattern in the future. Well looks like the future is now! I think we can learn something by comparing this market to other cryptos. But the question is buy now and chase the market or wait maybe for a pullback? Enjoy and trade well friends, All opinions expressed are for educational purposes and this is not a recommendation to buy or sell). (Always use risk management before entering any trade). (Past performance is not guaranteed for future results.)
BITTREX:DOGEUSDLong
by TradeTheIndex
Ethereum $ETHUSD PT 2495 and higher Ethereum Hub ConsenSys Raises $65M From JPMorgan, Mastercard, UBS, Others Ethereum’s biggest supporter is back on track with the close of a carefully constructed funding round. ConsenSys, an Ethereum development operation headquartered in Brooklyn, N.Y., has raised $65 million from financial institutions JPMorgan, Mastercard and UBS, as well as leading firms in the decentralized finance (DeFi) space. Having toughed it out through the crypto winter of 2018-19, Tuesday’s bullish fundraising announcement is further evidence ConsenSys has found its footing. The firm has now been successfully restructured into two parts: a core software business (CSI) and an investment and incubation arm known as ConsenSys Mesh. In addition to the big banks, the $65 million round included Filecoin’s Protocol Labs, DeFi’s Maker Foundation, Fenbushi, The LAO, Sam Bankman-Fried’s Alameda Research, CMT Digital, China’s Greater Bay Area Homeland Development Fund, Quotidian Ventures and Liberty City Ventures. Several firms invested with Ethereum-based stablecoins, DAI and USDC, ConsenSys said in a statement. Last year, ConsenSys brokered a deal with JPMorgan to acquire Quorum, the enterprise-focused Ethereum client that now forms an in-house software stack of Codefi, Diligence, Infura, MetaMask and Truffle. The general tightening of the ship has seen ConsenSys appear to chart a course away from consulting and services, towards being more product- and revenue-focused. MetaMask – a key gateway to the world of DeFi – counts over 3 million monthly active users and ConsenSys earns a sliver of fees on the wallet’s $1.95 billion token swap feature. Founder and CEO Joe Lubin said ConsenSys was always a product company – only it was embedded in an ecosystem, and dependent on a technology that was extremely immature. Today things have moved on some. For example, with Mastercard as an investor, ConsenSys engineers are using the Quorum blockchain to build a permissioned network for commerce and finance. “The round was pretty carefully constructed,” Lubin said in an interview. “It’s almost all strategics, and we intended for them to be in different industries. Some in the traditional economy, some in the decentralized economy, and we also intended for it to be regionally distributed.” The ConsenSys chief could not go into detail at this time about what was being built with the large financial institutions that invested in the round, but said: “We have multi-year commercial arrangements with JPMorgan and Mastercard, and have commercial activity with UBS.” ConsenSys roadmap Looking ahead, Quorum’s enterprise-friendly connection to Ethereum mainnet will have managed services launched around it. Also driving the theme of convergence, MetaMask Institutional, which is in beta, will roll out soon. “MetaSwaps, launched first into the consumer platform, is providing swap trading capabilities for nearly the entire universe of active tokens,” said Lubin. “We can take that next, wrap it in APIs and make it available to developers in both Infura and in Truffle, so developers can build swapping directly into their software. You can also package it up into a module and enable trading on Quorum systems, say, on a cloud.” As such, ConsenSys is positioned to build the infrastructure needed to make institutional DeFi a reality. With this in mind, Lubin pointed to the Baseline Protocol, a way of enabling organizations to link their systems of record to one another using a global frame of reference: the Ethereum mainnet. “Tokenization is happening in the Baseline Protocol, so you can pay for inventory with tokens,” Lubin said. “Invoices on some projects right now are starting to get tokenized. So you can imagine factoring invoices and trading those and in markets. It’s happening relatively quickly.”
BITSTAMP:ETHUSDLong
by UnknownUnicorn19246015
2
Ethereum Improvement Proposal (EIP) 1559 is officially approved!Ethereum ETH is trading at support. Lose the 1500 and we have buying opportunities lower. Break 1600s and we're back off to the races to retests $2K. Short term the popularity of ETH has created the high transaction, aka gas, fees, on Ethereum. High fees have driven down sentiment with reason. Will hot new kids DOT, ADA and LINK overtake ETH??? Probably not but DeFi is growing in a side experiment closed ecosystem called Binance BNB. It's a great short term trade if you want the crypto trading pairs. Longer term, open, decentralized , ETH2 is happening this year. Why would one bet on Binance long term when you can bet on Ethereum not controlled by a single organisation? Is Binance controlled by Malta? Is Malta part of the EU? Who controls Binance? EIP 1559, the interim solution is happening in the London release (fork). Meanwhile, miner replacement for lower fees, validators need to lock up 32 ETH to become validators on ETH The future is friendly. Anything under $2K USD for ETH will seem cheap very soon. Bitcoin might become the store of wealth, ETH might become the workhouse with a now programmed way to ensure the supply dwindles with transactions creating a constant upwards pressure for ETH starting in July 2021, four months from now. As Bitcoin continues to stay inefficient without L2 lightning, ETH has a real world dominant use case with a solid, well supported, road map. Watch the ETHBTC pair for confirmation on this thesis.. PS There is room for both and some others....
BITSTAMP:ETHUSDLong
by UnknownUnicorn2413721
ADAUSDT POTENTIAL ATH! ADA stuck between the falling trendline and the main rising canal. It can break the canal down also but there is a strong but zone around 1.20 it can move to sides but in my view, BTC going for a new ATH so it will not be surprising for us the ETH killer gets a new ATH. If it will not break the canal down it is the potential rising path which it can follow. There will be selling one around 1.48-1.51 but if it will break that it has a target of the cup which is around 1.70 But to get that Target it will be better if it will have a daily close over 1.32 then it will speed up to the target. If you have any ideas please comment below.
Long
by alenotr43
XLMUSD (Stellar) 17 February 2021 4Hours TimeframeHi traders and welcome to my channel ... As you can see XLMUSD still in the uptrend channel … for now, I think it’s going to touch 4h support at 0.430159 and then we have continuation of long move to 0.65 but if breaks the static support at 0.430159 it going to retest and drop more to next level of support area at 0.315. Good luck guys and be careful All info can be found in my chart. *Support this idea with a Like or Comments if you find it useful* ... Thank you ________________________________⠀ DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only
COINBASE:XLMUSD
by saeedmp
5
IQN/USDT - good news!Hello everyone! In my previous posts, we were talking about the future of IQN token. Then I told that this token would undoubtedly go up in price. And boom IQN has reached about $2.80. What a great news for everyone! Now IQN is traded in the $2.70-2.85 channel. It means that IQN hiked by about 17%. Well done! But while writing this post I’ve noticed that IQN needs to accumulate more power to have more chances of getting to $3 cost mark. So we will see this later.
by The_Little_Fox