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Finally, Robinhood has entered the software wallet sector. Wallet users can now view their owned NFTs and coins. Robinhood Wallet was created to compete with MetaMask. Robinhood has recently entered the software wallet market. The crypto business released the Robinhood Wallet, accompanied by smartphone software that allows users to exchange and send cryptocurrency. Furthermore, users may now view their own NFTs and crypto. Currently, over 1 million waitlisted consumers have access via an access code. Last year, the stock and cryptocurrency trading company Robinhood collaborated with Polygon to build the wallet, a self-custody, Web3 wallet. The trading platform only released a test version of its Web3 wallet for iOS. In May 2022, it was made available to the first 10,000 users who signed up for the waitlist. The wallet was first housed on the Polygon blockchain, allowing users to trade and switch cryptocurrencies while incurring no basic network fees. Johann Kerbrat, a chief technological officer of the Robinhood Crypto & Trading Platform, made the announcement public. Johann also revealed that Robinhood Wallet simplifies the complexity of Defi and web3 to make cryptocurrency more accessible to everyone. Polygon, as the preferred blockchain network for Robinhood, provides speed, scalability, scalability, cheap network costs, and a wealthy developer environment. Robinhood's partnership with Polygon began in August 2022, when the platform launched functionality for MATIC withdrawals and deposits on the proof-of-stake (PoS) chain. The whole story of the Robinhood wallet release might be confusing because of the changes that took place in the last couple of months. Previously, the crypto platform introduced a new transfer feature on its original trading app as a “Crypto Wallet” product. The feature was launched in beta in January 2022, and it allowed Robinhood users to transfer crypto to and from the platform. Technically, it wasn’t a crypto wallet as it’s almost the same as how users can transfer crypto to and from Kraken, Coinbase, Binance, or any other crypto trading platform. The wallet that is now officially rolled out today is considered more like Phantom, MetaMask, or the Coinbase Wallet. The Robinhood wallet released now is a completely different product which is purposely housed in a separate standalone app to allow users to have maximum control over their crypto. The new app provides access to more advanced features, like NFT marketplaces and connecting to decentralized apps.
NASDAQ:HOODLong
by DEinvestment
$COIN - Back to $300+ 6mBasically since early December, there's been been around $1 billion in $COIN swaps per day. Last time i saw something of this scale happen was with GME & XRT in August 2020 and again on Jan 4 2021 for the same symbols and even then, the amounts paled compared to what's being traded on $COIN. TLDR: Buy COIN Shares or contracts 8 months out. Contracts over 6 months are preferred but less than 1 year. I expect a move to happen at around 6-7 months out from now. The move will be in the form of "Crypto is a scam" all the whilst crypto is mooning now that FTX's leveraged short machine is gone & possibly the increase of Coinbase's customerbase due to the FTX collapse. At least that's what i think. Anyway, something's gonna happen that will be assigned as the reason why COIN pumps in 6 months. In reality it's already been traded and in progress by the big guys.
NASDAQ:COINLong
by leenixusu
4
✴️ Loopring | Many Reversal SignalsThere are many signals supporting a reversal/change of trend on the Loopring chart. LRCUSDT. Let's spend a few minutes of our time looking at some of those. #1 - LRCUSDT has gone to new lows and then dove a bit lower, this is good for bottom fishers. #2 - A very strong shakeout can be seen on the chart. Shakeouts can be indicative of upcoming change. #3 - The August downtrend has been broken. #4 - The Cup pattern we see very often, always at support and many times signals a low being set. #5 - The increase in trading volume happened in November, recently buy volume is predominant on this chart. #6 - The RSI is super strong at low levels, signaling that the trend can change soon. #7 - Loopring is trading above EMA50 and EMA100, not possible to be bearish above these levels. A change of trend is a major development. A change of trend can lead to years of growth. In the worst case scenario, these signals can lead to multiple months of a bullish wave/relief rally... Good in any case. Namaste.
Long
by AlanSantana
2
Will COIN Share price Return to Its Lowest Level Again?Coinbase’s share price continues to its negative performance and is heading towards its lowest levels since June and is also close to returning to its lowest levels since the IPO at $40.83. COIN share is being traded below the short and long-term exponential moving averages, while neither the RSI nor the MACD indicates a possible bullish reversal now. On the daily chart, if the COIN share price fails to hold above the $44.15 support level, we may witness a return to the all-time low of 40.83. But in the opposite case, if the COIN share price manages to recover the $52.63 level, the previous downside hypothesis may be violated, and we may witness a return of COIN share price towards the level of $63.43. The $75 level remains the most difficult upper target at the moment with the very poor technical condition of COIN share – considering the creepy fundamental conditions of crypto market.
NASDAQ:COINShort
by SamerHa
2
COIN LONG after a reversalCOIN's long downtrend reversed after signs of the end of the crypto winter and SBF brought to justice to clean up the crypto industry. Moving averages show the inflection and new uptrend. On the volume profile, the price rose over the POC line showing that buying pressure exceeds selling pressure. The chart pattern shows a double bottom late December and this past Monday clearly establishing a key support level. This looks to be a good swing long with a target being the 0.5 fib level of the retracement from the downtrend. Call option contracts are a good alternative to a sizeable trade of stock.
NASDAQ:COINLong
by AwesomeAvani
2
💾 Coinbase | They Are All The Same +Altcoins, Bitcoin & SPXWe already looked at Tesla (TSLA) and you know these things, they are all the same. What one does the rest follows... Let me show you! The ATH/Peak price was hit early November 2021, exactly the same as Tesla. The first low was hit late December and a lower low 6-January 2023 by just a few points, exactly as Tesla. And today we have a strong bounce where the candle gaps up (a rising window), the same as with the Tesla stock. Also the SPX, the NDX and the rest of the market is going through the same... Exactly the same. So expect COIN to also grow but we don't know by how much. We can make some speculation based on the data coming from hundreds of charts. There will be retraces and corrections, there will be shakeouts, red and green candles... Nothing moves in a straight line. As a general view, we see these markets going green at least for 1-2 months... This can be extended a lot but we go step by step... Thanks a lot for your support. These are stocks, for cryptocurrency, I have a much better picture of as to how things will develop. Most of the Altcoins already hit bottom. Bitcoin, Ethereum, Cardano, Dogecoin, Binance Coin and the rest of the major altcoins are entering a bullish wave... How this bullish wave develops will tell us what comes next. But we are looking at 1-3 months of bullish action, in the least first... And even though we are talking about these assets as groups, we look at each chart separately, one by one. Things start to pick up mid-January. Things speed up after 22-January. The news and events the market will create to match what we see on the charts. For example, China is opening up. The fake CPI numbers and such will come out "good" or "better than expected". The FED makes some "positive" statements so on and so forth. As I mentioned on the latest SPX Update, the FED will change their stance sooner than expected, some type of u turn, but it will be a surprise of course. Not necessarily tomorrow but Q1/Q2... That's just my opinion, feel free to share yours in the comments section below. Thank you for reading. Thanks for the boost, thanks for the comments, thanks for the follow... Thanks again for the continued support. Namaste.
NASDAQ:COINLong
by AlanSantana
2
NASDAQ BLOCKCHAIN ECONOMY INDEX🧾 Intro The Nasdaq Blockchain Economy Index is designed to measure the returns of companies that are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their proprietary use or for use by others. The Index began on December 1, 2017 at a base value of 1,000.00. TOP 10 HOLDINGS and Index Weight • As of June 30, 2021: 1. COINBASE GLOBAL (COIN): 2.26 2. IBM (IBM): 1.87 3. ACCENTURE (ACN): 1.82 4. SILVERGATE CAPITAL (SI): 1.81 5. FUJITSU (6702): 1.80 6. OVERSTOCK.COM (OSTK): 1.79 7. MICROSTRATEGY (MSTR): 1.78 8. BAIDU (BIDU): 1.78 9. JD.COM (JD): 1.76 10. SQUARE (SQ): 1.73 --------------------- Total = 18.41 Source: indexes.nasdaqomx.com 📈 Graphic Analysis I believe this week we will see the breakout of that orange diagonal line, peaking up to the 0.5 retracement at $1443.60.
RLong
by andre_007
CULT A while back i posted this TA on CULT DAO Check it out. I have been accumulating heavily at these prices , I think this project is a ticking time bomb, its baked into the code , its undeniable that over time supply will shrink and one day there won't be much cult to buy. At the moment we are in a triangle and since October 2022 we have formed a very nice base , lower highs on the daily since Nov 29th 2022 . RSI also showing something big stirring up with if we can break this level of resistance we could see a nice rally. Money Flow Index We can also see that MFI has been making lower highers ever since September 2022 This project goes to 10 billion marketcap in the future no doubt sometime by 2025.
CLong
by Sporia
2
Cardano (ADA) Coin Analysis!We examined the chart of the Cardano coin. To continue the bullish move, Cardano coin must close 7-hour candles above the $0.2836 zone, the red zone indicated on the chart. If ADA coin can close above the $0.2836 region, we think the bullish move will continue until the $0.2985 region. When we examine the important support areas of ADA Coin, the important support area of the ADA coin is located at $0.2690. If Cardano (ADA) coin fails to close above the $0.2840 zone, it can continue its downward move up to the support zone of $0.2590. Not Investment Advice.
by wagmitraders