Cryptonaire Weekly Magazine Edition 157

CRYPTONAIRE

WEEKLY CRYPTO investment journal

CONTENTS

WEEKLY CRYPTOCURRENCY MARKET ANALYSIS...............................................................................................................5 TOP 10 COINS........................................................................................................................................................................................6 Top 10 Coins by Total Market Capitalisation ...................................................................................................................6 Top 10 Coins by Percentage Gain (Past 7 Days) ...........................................................................................................6 Top 10 Coins added to Exchanges with the Highest Market Capitalisation (Past 30 Days) ..........................7 CRYPTO TRADE OPPORTUNITIES...............................................................................................................................................9 ADVERTISE WITH US........................................................................................................................................................................14 ADVANCEMENTS IN THE CRYPTOCURRENCY WORLD ..................................................................................................15 Fidelity Digital Assets Addresses Common Criticisms And Misconceptions On Bitcoin (BTC) .......................15 Citibank Analyst Says Bitcoin Could Pass $300K by December 2021.....................................................................16 Grayscale now holds half a million Bitcoin ..........................................................................................................................17 Digital Dollar, Euro and Yuan Will Be Rocket Fuel for Bitcoin, Predicts CNBC’s Brian Kelly .............................19 Binance’s Mining Pool Becomes 4th Largest One Amidst ‘More Adoption & Institutional Participation’....20 IBM targets sustainable fashion with latest blockchain partnership..........................................................................21 Anthony Scaramucci’s $7 Billion Fund Eyes Investment in Bitcoin...........................................................................22 XRP Could Be Key Crypto Asset in Digital Dollar Revolution, Says CEO Brad Garlinghouse ........................23 Uniswap’s liquidity plunges 40% in a day as incentives dry up .................................................................................25 Wall Street veteran Michael Novogratz held over 30,000 Bitcoin and 500,000 Ethereum............................26 INVESTMENT MANAGEMENT APPLICATIONS – QUIVERX INVESTMENT APP FOR ALL .................................................27 CRYPTOCURRENCY TRADING – THE WISE TOKEN IS A GAME CHANGER! ........................................................................35

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Editor’s Letter

Bitcoin has been inching higher towards the all-time highs. However, unlike the previous bull market in 2017, the euphoria and frenzy, mostly among retail traders have been absent. This is a positive sign as it shows that the current rally has largely been driven by stronger hands who are not buying cryptocurrencies to get rich overnight.

Senior commodity strategist at Bloomberg Intelligence, Mike McGlone, believes that the current rally is likely to continue in 2021, with the major hurdle being the all-time highs at $20,000. After that, McGlone opines that Bitcoin could hit a market capitalisation of $1 trillion.

OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE ARE INVESTMENT MANAGEMENT APPLICATIONS – QUIVERX INVESTMENT APP FOR ALL & CRYPTOCURRENCY TRADING – THE WISE TOKEN IS A GAME CHANGER! Bitcoin broke out of the $16,000 resistance on November 12 and reached an intraday high of $16,892 on November 16. The upsloping moving averages and the RSI in the overbought territory suggest that bulls are firmly in the driver’s seat.

However, the BTC/USD pair has now reached close to the stiff overhead resistance at $17,200. This is the final opportunity for the traders to stall this uptrend, else a retest of the all-time highs is possible.

The pair has not even corrected to the 20-day EMA since it started this leg of the up-move in early October. This shows that the rally is overheated in the short-term, hence, a dip from the overhead resistance is expected.

Therefore, traders who are left with 20% of their initial long positions can close the trade at the current levels.

Any dip from the current levels could pull the pair down to the 20-day EMA. The bulls are likely to defend this level but if the rebound lacks strength, a deeper correction to $14,000 could be on the cards.

Such a correction would be bullish for the pair in the long-term because, during future declines, it will act as a floor where bulls may step in and buy. For now, the investors can remain on the sidelines and wait for the next opportunity to buy.

Karnav Shah

Lastly please check out the advancement’s happening in the cryptocurrency world. Chief Editor



Enjoy the issue!

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CRYPTONAIRE WEEKLY After mentoring thousands of crypto traders around the globe, we have culminated all of the consistent and ongoing requirements of crypto-traders into one place.

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WEEKLY CRYPTOCURRENCY MARKET ANALYSIS Hello, crypto traders welcome to this week’s 157th edition of Cryptonaire Weekly. The overall Cryptocurrency Market Cap stands at $477 Billion. We have seen a $35 Billion increase in the Market Cap since last week. Bitcoin price is currently around $16,700 from $15,290 last week and has increased by 9.22% and Ether price is now at $465 from $447 last week and has increased by 4.07%. The current market cap for bitcoin is $310 Billion, and for Altcoins, the current market cap is $167 Billion.

Bitcoin has been inching higher towards the all-time highs. However, unlike the previous bull market in 2017, the euphoria and frenzy, mostly among retail traders have been absent. This is a positive sign as it shows that the current rally has largely been driven by stronger hands who are not buying cryptocurrencies to get rich overnight.

Senior commodity strategist at Bloomberg Intelligence, Mike McGlone, believes that the current rally is likely to continue in 2021, with the major hurdle being the alltime highs at $20,000. After that, McGlone opines that Bitcoin could hit a market capitalisation of $1 trillion.

In another bullish projection, Thomas Fitzpatrick, global head of Citibank’s CitiFXTechnicals market insight product, believes that Bitcoin could rally to $318,000 by 2021.

Veteran trader Peter Brandt said that if previous bull markets are considered, Bitcoin could be in the early stages of the next bull cycle.

The institutional investors may also be holding a similar view as they have continued to pour money into Grayscale Investments. The cryptocurrency fund manager reported that it now holds over 500,000 Bitcoin in its Bitcoin trust, an increase of over 50% in the past six months.

While these bullish projections are a positive sign, investors should not get carried away by them. Traders should keep their greed under control and wait for the right opportunity to invest.

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Percentage of Total Market Capitalization (Dominance)

Bitcoin

65.00%

Ethereum

11.04%

Tether

3.77%

XRP

2.83%

Chainlink

1.06%

Litecoin

1.01%

Bitcoin Cash

0.98%

Polkadot

0.88%

Binance Coin

0.87%

Cardano

0.71%

Others

11.85%

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TOP 10 COINS Top 10 Coins by Total Market Capitalisation

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Top 10 Coins by Percentage Gain (Past 7 Days)

Top 10 Coins added to Exchanges with the Highest Market Capitalisation (Past 30 Days)

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CRYPTO TRADE OPPORTUNITIES BITCOIN - BTC/USD

Bitcoin broke out of the $16,000 resistance on November 12 and reached an intraday high of $16,892 on November 16. The upsloping moving averages and the RSI in the overbought territory suggest that bulls are firmly in the driver’s seat.

However, the BTC/USD pair has now reached close to the stiff overhead resistance at $17,200. This is the final opportunity for the traders to stall this uptrend, else a retest of the all-time highs is possible.

The pair has not even corrected to the 20-day EMA since it started this leg of the up-move in early October. This shows that the rally is overheated in the short-term, hence, a dip from the overhead resistance is expected.

Therefore, traders who are left with 20% of their initial long positions can close the trade at the current levels. Any dip from the current levels could pull the pair down to the 20-day EMA. The bulls are likely to defend this level but if the rebound lacks strength, a deeper correction to $14,000 could be on the cards.

Such a correction would be bullish for the pair in the long-term because, during future declines, it will act as a floor where bulls may step in and buy. For now, the investors can remain on the sidelines and wait for the next opportunity to buy.

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ETHEREUM - ETH/USD

Ether had jumped close to the $488.95 resistance on November 13 and that gave an opportunity for the traders to book partial profits as suggested in the previous analysis.

The traders can trail the remaining positions below the 20-day EMA. We are not suggesting to book complete profits because the bulls will make one more attempt to push the price above $488.95.

If they succeed, the ETH/USD pair could start its journey to $550 and higher. The rising moving averages and the RSI in the positive zone suggest that bulls are in command.

Contrary to this assumption, if the price again turns down from the overhead resistance and breaks below the 20-day EMA, it will open the doors for a deeper correction to $400.

If that happens, traders can avoid bottom fishing until the pair forms a new bullish setup.

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RIPPLE - XRP/USD

XRP broke above the $0.26 resistance on November 13 and that gave an opportunity to the traders to buy, as suggested in the previous analysis.

Although the bears tried to pull the XRP/USD pair back into the range on November 14 and 15, the bulls did not allow the price to break below $0.26. This showed that the bulls were waiting to buy the dips.

This attracted further buying on November 16 and the pair has hit the first target objective of $0.30 today.

The moving averages have turned up and the RSI has jumped into the overbought zone, which shows that the bulls are in control. The longer the consolidation, the stronger the rally after the breakout.

Although the bears will try to stall the current up-move at $0.30, the possibility of a rally to $0.3275 is high.

Traders can however book partial profits close to $0.30 and keep the stop-loss on the rest at breakeven. If the momentum picks up, the bulls may even succeed in driving the price above $0.3275. If that happens, the rally could extend to $0.35 and then $0.40.

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CHAINLINK - LINK/USD

Chainlink has been struggling to break out of the $13.40 resistance for the past few days. However, the positive thing is that the bulls have not allowed the price to sink below the 20-day EMA. The bulls will now again attempt to push the price above $13.40. If they succeed, the LINK/USD pair will complete an inverse head and shoulders pattern that has a target objective of $19.4888.

Therefore, we retain the buy recommendation given in the previous analysis. The upsloping moving averages and the RSI in the positive zone also suggest that the path of least resistance is to the upside.

Contrary to this assumption, if the price again turns down from the overhead resistance and slips below the 20-day EMA, a drop to the 50-day SMA and then to $9.76 is possible.

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LITECOIN - LTC/USD

Litecoin has jumped into the top-5 list of cryptocurrencies with a sharp up-move in the last week. It surged 18.37% on November 16 and broke the $69 resistance.

The upsloping moving averages and the RSI in the overbought zone suggest that bulls are in command. The next target objective on the upside is $85 and then $100.

Usually, after the price breaks out from a stiff resistance, it turns down and retests the breakout level.

In this case, a drop to $69 is possible. If the price rebounds off this level, the bulls will try to resume the uptrend. Such a move will confirm $69 as the new floor.

On the other hand, if the bears sink and sustain the price below $69, it will suggest weakness as it could trap several aggressive bulls who may be forced to close their positions.

We do not find any trading opportunity at the current levels because we do not believe in chasing prices higher. We will wait for a new low-risk trade setup to form before proposing a trade in it.

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ADVANCEMENTS IN THE CRYPTOCURRENCY WORLD Fidelity Digital Assets Addresses Common Criticisms And Misconceptions On Bitcoin (BTC)

Cryptocurrency critics calling out about the market being in a bubble and oncoming failure for most of these tokens. As the top cryptocurrency, Bitcoin (BTC) has faced multiple criticisms, including its high volatility, environmental concerns, failure as a means of payment, and use in illicit activities.

Fidelity Digital Assets, a subsidiary of Fidelity Investments, released responses on six of BTC’s common misconceptions and criticisms.

First, Bitcoin has been criticized as a store of value due to its volatility. The report, compiled by Fidelity’s Director of Research, Ria Bhutoria, however, states Bitcoin’s volatility “is a trade-off it makes for perfect supply inelasticity and an intervention-free market.”

As BTC gets to the mainstream economy, Ria believes the volatility will continue to slow down, as seen in previous years. Moreover, day-to-day volatility is expected to go down with “increasing spot and derivative market liquidity and the development of products that allow investors to express interest” in the cryptocurrency.

Read more...

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Citibank Analyst Says Bitcoin Could Pass $300K by December 2021

A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.

The whole of bitcoin’s existence has been characterized by major price swings, “exactly the kind of thing that sustains a long-term trend,” said Thomas Fitzpatrick, global head of the company’s CitiFXTechnicals market insight product, in his report solely intended for the bank’s institutional clients.

The report was first leaked to the cryptocurrency community by Twitter user “ClassicMacro” in a tweet on Saturday, noting Fitzpatrick is “a big fan of moon targets.”

Fitzpatrick pointed to bitcoin’s weekly chart and used technical analysis (TA) of prior highs and lows to determine a target of $318,000 by December 2021.

“This kind of technical analysis is of little value,” ClassicMacro commented in his tweet. “There is no edge in guessing targets so far in time with TA. All we know is that price is likely to continue going up.”

The Citibank executive drew on bitcoin’s 2010-2011 “exponential move” as being “very reminiscent” of the 1970 gold market. Gold had experienced 50 years of a constricted $20–$35 price range before a breakout occurred after a change in fiscal policy by the Nixon administration in 1971.

Read more...

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Grayscale now holds half a million Bitcoin

Cryptocurrency fund manager Grayscale Investments now holds more than 500,000 BTC in its Bitcoin Trust.

According to a Nov. 16 post, Grayscale now holds to $8.35 billion worth of Bitcoin — equating to 2.69% of Bitcoin’s (BTC) outstanding supply and market cap.

But with Chainalysis estimating that around 3.7 million BTC have been lost, Grayscale may actually now be in possession of 3.37% of Bitcoin’s remaining circulating supply Appealing to institutional investors who are prepared to pay a premium to buy and hold cryptocurrency through the security of a regulated fund, shares in the Grayscale Bitcoin Trust currently represent $15.62 worth of Bitcoin each, yet change hands for $18.86. This equates to nearly a 19% premium. Grayscale also charges an annual fee of 2%.

The Grayscale Bitcoin Trust has aggressively accumulated Bitcoin during 2020, with the amount of BTC held by the fund increasing almost 50% in the past six months. That’s a steep rise in 2020 for a fund that launched seven years ago, and suggests snowballing institutional interest.

Last week, the fund reported its largest-ever weekly inflow, taking in 15,907 BTC worth $215 million.

Grayscale’s Ethereum Trust also ramped up its purchases during 2020, and now holds roughly $1.175 billion worth of Ether (ETH), or 2.24% of ETH’s entire capitalization.

Read more...

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Digital Dollar, Euro and Yuan Will Be Rocket Fuel for Bitcoin, Predicts CNBC’s Brian Kelly

In a new episode of Fast Money, the chief executive officer of digital currency investment firm BKCM says the stark contrast between Bitcoin’s fixed supply and seemingly endless money printing from governments will only become more magnified as fiat currencies around the world go digital.

“In terms of the digital euro or digital yuan or digital dollar, it’s not actually competition for Bitcoin, because Bitcoin’s core value proposition is that it has a fixed supply. I can’t imagine the ECB (European Central Bank) issuing a digital currency that is going to have a fixed supply. In fact, I would think it would make it a lot easier for them to digitally print more money. I actually think those are more of a risk for fiat currency holders and it highlights why Bitcoin is a digital gold-like product.”

As for where the BTC price is heading, Kelly says he won’t put a number on it, but believes the top cryptocurrency’s post-halving rally is not over yet.

“Bitcoin’s been above $16,000 I think 12 days in its entire history. I suspect there are probably some people that bought in late 2017, 2018 that after a long three years are going to want to get out of it.

So I wouldn’t be surprised to see a pullback.

But in the longer run, my view on this is the total market value of all the Bitcoin in existence is $300 billion. The total value of all the gold in existence is $10 trillion. If Bitcoin is actually going to disrupt some of the gold market, $300 billion total valuation is the wrong number and you can see there’s a lot of scope for upside. And add into that, if you look at the halvenings which we talked about in the spring, where most of the gains come are the year after the halvening and we’re seven months into that year after the halvening and Bitcoin’s doing what it should do.”

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Binance’s Mining Pool Becomes 4th Largest One Amidst ‘More Adoption & Institutional Participation’

Launched less than seven months back, Binance Mining Pool is currently the 4th largest one with a hash rate share of 11.36% after Antpool, Poolin, and F2Pool.

The leading spot cryptocurrency exchange Binance launched its own mining pool in April this year, which at the time was the 11th largest one, accounting for less than 4% share.

At the time when the pool finally went public, Spencer Noon of DTC Capital had shared his skepticism towards saying the “galaxy brain power move” by Binance CEO Changpeng Zhao makes him nervous because this might led to exchange-owned mining pools to “prioritize their own transactions or even censor transactions to competitor exchanges.”

Recently, as we reported, a new Bitcoin mining pool actually promotes censoring certain Bitcoin transactions, which the community is against.

The increased market share is achieved by Binance amidst the bull run with Bitcoin up 120% YTD and ETH 253%.

As a result of the greens, the market has been experiencing heightened volume and interest from the likes of PayPal and legendary investors, including Stanley Druckenmiller and Ben Miller.

“Right now, we are definitely seeing more users come in, more adoption happening, and more institutional participation,” said “CZ” in an interview. “Overall, things are going pretty well, I would say.”

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IBM targets sustainable fashion with latest blockchain partnership

IBM has emerged as one of the largest blockchain consulting firms in the world. Its next target: sustainable fashion.

IBM’s foray into the blockchain ecosystem is deepening with a new partnership to track supply chains in the textile and fashion industries.

The Armonk, New York-based tech giant announced Monday that it’s teaming up with German textile manufacturer Kaya&Kato to develop a blockchain network that tracks the origin of fabrics used in the fashion industry. The new application will allow Kaya&Kato’s suppliers and customers to identify where their fabrics are processed, as well as understand each step of the production and distribution processes. IBM said:

“The network is designed to create transparency about the origin of garments, from the fiber used to the completion of the final product, and to provide consumers with the knowledge that their clothes are sustainably produced.”

Notably, the initiative is supported by Germany’s Federal Ministry for Economic Development.

IBM has identified sustainable clothing as a promising growth venture, particularly among Europe’s younger demographics.

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Anthony Scaramucci’s $7 Billion Fund Eyes Investment in Bitcoin

Anthony Scaramucci’s investment firm has said that it “may seek exposure to digital assets.” The Mooch has previously expressed interest in crypto.

SkyBridge Capital, the investment firm founded by former White House Communications Director Anthony Scaramucci, looks like it is warming up to Bitcoin.

In a filings note posted last week, the firm, which manages $7.7 billion in assets according to Reuters, said it “may seek exposure to digital assets.” It noted that by “digital assets,” the firm meant Bitcoin—but was not limited solely to the biggest cryptocurrency by market cap.

The investment firm did not specify in the filing whether it had already invested in digital assets.

“Investments by the Company and/or Investment Funds may also be made in companies providing technologies related to digital assets or other emerging technologies,” the note read.

“Company may invest in Investment Funds that provide access to a particular digital asset or assets without a discretionary investment strategy,” it added.

Scaramucci, who served in the White House for 10 days before being dismissed, has previously expressed interest in cryptocurrencies. “I am a fan,” he once said during an interview. “I believe that digital assets have a future and obviously that blockchain has a future.”

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XRP Could Be Key Crypto Asset in Digital Dollar Revolution, Says CEO Brad Garlinghouse

Ripple CEO Brad Garlinghouse believes XRP may prove to be the ideal solution for central banks looking to usher their currency into the digital age.

In a new interview on The Scoop podcast, Garlinghouse says that as central banks begin to launch their own currencies, sourcing liquidity and compatibility between currencies could be challenging That, he says, is why Ripple is pushing XRP as a bridge asset to power cross-border transactions and exchange one currency for another.

“The whole point of XRP in our context is to be a bridge asset. So if you’re using a US dollar stablecoin, you still need to get to a Brazilian Real stablecoin or Australian stablecoin.

The point [of Ripple’s efforts] is to enable a lot of efficiency and liquidity between XRP and the US dollar, and XRP and the Australian dollar. You just have to worry about one bridge as opposed to liquidity between every pair. So just using stablecoins doesn’t really solve the problem that XRP is solving. XRP as an extremely efficient, extremely scalable blockchain, is ideally suitable for that.”

In addition, he says Ripple is exploring more ways to branch out of the cross-border payments realm in the future.

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Uniswap’s liquidity plunges 40% in a day as incentives dry up

Almost 40% of liquidity on leading DEX Uniswap has left the platform with the end of UNI rewards for liquidity providers.

The total value of assets locked in leading decentralized exchange Uniswap has plummeted by 38% in 24 hours amid the conclusion of its UNI liquidity rewards program on Nov. 17.

Meanwhile, “vampire” clone SushiSwap has doubled its TVL and is aggressively pursuing additional liquidity.

As of this writing, Uniswap’s TVL is down a total of 43% since posting an all-time high of $3.07 billion just three days ago. It now sits at $1.75 billion and is still falling.

Following the sharp decline in Uniswap’s liquidity, token holders have embarked on the process of voting for a new governance proposal that seeks to reinstate rewards in the form of UNI tokens for liquidity providers.

The new proposal, put forward by Cooper Turley of crypto-powered music streaming platform Audius, cuts the amount of UNI rewards in half compared to the former program. While 2.5 million UNI tokens were previously distributed to the liquidity providers of Uniswap’s WTBC/ETH, USDC/ ETH, USDT/ETH and DAI/ETH pools each month, the new proposal would see 1.25 million UNI designated to each pool monthly for two months — equating to 10 million tokens total, or roughly 4.6% of UNI’s current circulating supply.

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Wall Street veteran Michael Novogratz held over 30,000 Bitcoin and 500,000 Ethereum at one point

Ever wondered how much cryptocurrency Wall Street veteran Mike Novogratz owns (or at least owned)?

In a recent podcast, he recently answered this question and also revealed his thoughts about the Bitcoin and broader crypto market.

How much Bitcoin and Ethereum did Mike Novogratz buy?

Mike Novogratz became one of the earliest Wall Street supporters of Bitcoin and Ethereum in 2013 and 2014. The former Goldman Sachs partner and ex-fund manager at Fortress recently sat down with Nugget’s News, a long-standing crypto and finance Youtube channel, to talk about his origin story.

During the hour-long interview, Novogratz disclosed his personal cryptocurrency holdings, or at least what they once were.

Alongside investors like Dan Morehead of Pantera Capital, Novogratz purchased around 30,001 BTC, now valued at $480 million, when the coin was trading around $100. He said he sold most coins on the way up, though still holds some to this day.

Read more...

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INVESTMENT MANAGEMENT APPLICATIONS – QUIVERX INVESTMENT APP FOR ALL

Investment management applications is there a place for them in todays world? Investing mindfully is the ideal way to build a secure future. But, when your investment portfolio begins to grow and expand, keeping a track of all your securities/investments can be quite the task. This is where the investment management applications come in handy. Investment management platforms and applications allow investors to manage as well as track their portfolio with minimal efforts. With the advent of app-driven investments in the past couple of years, investing in securities has become easier for both individuals and companies.

Today, a number of prominent applications have simplified investment for individuals, regardless of their previous investment experience. A major reason behind the increase in the popularity of investment management applications is the need among people to constantly manage, improve, track as well as protect their investment portfolio against difficult market conditions.

Over time, several new-age investment applications have emerged that are facilitating the investors in several ways. Below, check out the top 5 investment management platforms.

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TOP 5 INVESTMENT MANAGEMENT APPLICATIONS As already mentioned above, blockchain has the power to transform the investment management applications industry. It allows investors to carry a highly trusted and easy to use a digital identity, which is further linked with their financial records as well as transaction history.

WHEN IT COMES TO THE TOP 5 INVESTMENT MANAGEMENT PLATFORMS, INVESTORS CAN LOOK FORWARD TO USING PLATFORMS SUCH AS: 1.QuiverX Capital: It is a crowdfunding platform that uses blockchain technology, providing investors an opportunity to earn like professionals. The platform allows investors to take their investment capabilities a notch higher. With blockchain, investors can own a fraction of high-yielding shares.

2.Kickstarter: Kickstarter is a unique crowdfunding platform that helps people to gather funds from the general public, that circumvents traditional investment avenues of investment.

IT is an excellent platform that enables people to transform their ideas into reality. It provides traction to unique projects which when rightly executed, can help people to build their own small companies. Project creators can select a preferred deadline as well as a minimum funding goal, and Kickstarter applies only 5% as its fee on the amount of money raised.

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3.Mint: Mint is another popular investment, as well as a money management platform that offers a quick link to your investment accounts. Mint tracks all your accounts including banking, investment, retirement, and credit. Mint also provides information related to your fees, allowing you to discover the amount of money that is not being invested in your future.

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4.Indiegogo: This is another excellent crowdfunding platform that provides support to people or small companies with innovative products. With Indiegogo, investors get a chance to support new entrepreneurs and technology right from their initial stages.

This means you can evaluate a project/campaign and contribute as much as you intend to.

5.GoFundMe: GoFundMe is a leading crowdfunding platform that allows individuals to raise funds for events like celebrations, graduations, illnesses, and accidents. People can raise funds individually or choose to invite other people to join their fundraising team.

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HOW THE BLOCKCHAIN CAN CHANGE INVESTMENT MANAGEMENT APPLICATIONS? Initially, blockchain gained prominence as a revolutionary technology that underpinned high-profile cryptocurrencies such as Bitcoin. However, now the technology is getting a significant amount of attention due to its ability to offer a solid infrastructure for recording and executing transactions.

Blockchain has tremendous capabilities in transforming the investment management applications sector through the use of digital identities, smart contracts as well as other innovative components.

In simple terms, blockchain works as a decentralized and distributed ledger-based system, capable of recording transactions securely as well as in a permanent and verifiable manner.

As far as the banking & finance industry is concerned, it has been one of the key contributors in the area of blockchain application development. This is because blockchain impacts the investment management industry in multiple ways. To begin, it offers tremendous scope for open collaboration.

Apart from creating resiliency, blockchain technology allows different networks to openly collaborate with each other.

Additionally, blockchain offers improved privacy and security of data. It transforms how data is both accessed and stored in a network. Blockchain distributes records across different nodes, thus eliminating the chances of a data breach on a centralized database. With blockchain, one also enjoys benefits such as improved speed. A well-designed blockchain investment management app offers real-time information concerning investment tracking, providing asset managers an insight into the data as well as the changes which can impact their client’s investment portfolio.

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Also, transactions that take place on the blockchain cannot be altered or changed without the need for any network permission. As a result, the activities related to the assets are duly verified and provide an accurate record to the asset managers for further use. Investment portfolios that have been built on the blockchain-based system benefit as a result of organized data systems that DLT provides. DLT further helps in accelerating communication between asset managers, investors as well as 3rd party entities.

WHAT MAKES QUIVERX DIFFERENT?

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As far as QuiverX Capital is concerned, it is a unique crowdfunding platform that uses blockchain technology. QuiverX offers a platform for everyday investors that provides them with an opportunity to earn money like professionals. The platform allows investors to take their investment capabilities a notch higher. With blockchain, investors can own a fraction of high-yielding shares.

QuiverX allows investors to make use of smart contracts designed on the Ethereum network and further invest them with complete transparency and confidence. Using their online wallet you can store, transfer as well as track trade-related information on your assets in the wallet. The platform runs on Amazon Web Services, which implies that you will never have to worry about the safety and security of your data.

The QuiverX platform is easy to access and use. Hence, investors can invest in numerous cryptocurrencies and also seek other opportunities for investment in a single centralized location. QuiverX also allows investors to accrue as much as 18% APY rewards and keep their coins secure on their servers.

QuiverX has applied blockchain to remodel the markets that are traditionally inaccessible, thereby providing opportunities for high-value investment at a low entry barrier. This further results in investors achieving a high percentage on their investments. QuiverX has been developed to enable seamless transactions on a centralized platform.

As far as investors are concerned, some of their major concerns include entry cost and the need for initial capital. Apart from this, they are also worried about privacy, reliability, and security when it comes to investment. Other concerns such as the number of commissions or fees charged, trading at best prices, and outstanding customer support are also some of the issues that investors face today.

With QuiverX platform retail investors can access previously inaccessible investment markets that have a high fee and minimum investment requirement of around one million dollars. Investors who choose to participate in the QuiverX token get the right to buy their share in their revenue stream.

Hence, when the token increases in value, investors can either cash it or reinvest it, earning rewards to the tune of 18% on an annual basis by staking token in their system. The highly innovative platform has been designed to process safe, secure, and+- high-value transactions while enabling every investor to function anonymously by carrying out verified transactions through their blockchain system. QuiverX imposes an extremely low fee, making investment management simple and convenient, irrespective of whether investors are using cryptocurrency or fiat money. The QuiverX token functions as the utility token as well as a credit system that delivers numerous functions, such as granting specialized access to holders and paying for services on its site.

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THE QUIVERX APPLICATION The QuiverX platform is designed to offer both reliability and security. Using the QuiverX token, which is basically an ERC-20 digital token that can be easily held in an Ethereum ERC20 wallet, one can easily trade on different exchanges. In the near future, these tokens can also be utilized for loading Visa point of sales payment card option, buying cryptocurrency within the application, or reinvesting into projects displayed within the application. All the potential investment options will be displayed within the website and the holders of the QuiverX token will be able to scroll through them to pick and buy into the projects that they are interested in.

Additionally, investors can also stake their digital coins, by leaving the desired token amount on the crypto exchange and earn around 18% on an annual basis. This amount will be payable only after their staking period comes to an end, and based on the amount that they may have staked.

CONCLUSION Investment management applications and platforms have become quite popular among seasoned as well as new investors. This is because of their easy to access interface and host of features.

Over the last couple of years, there has been a drop in the startup, asset, and IPO investors and.

This drop has taken place also due to inflation, it has a diminishing impact on the initial amount of capital required for investment. While most of the high-value projects look to acquire capital through angel investors, experienced investors cannot do the same easily. This is one of the reasons why the QuiverX Capital platform is special. It basically bridges the gaps lying between developers and investors, which means any project can easily be funded by several small investments run on a blockchain-based platform. This further provides every single investor an opportunity to claim a small percentage of the project that they have invested in.

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CRYPTOCURRENCY TRADING – THE WISE TOKEN IS A GAME CHANGER!

Today’s article focuses on how cryptocurrencies launch into the trading space and why cryptocurrency trading WISE token is in our opinion a very sensible choice.

Investors from around the globe are venturing into cryptocurrency trading to earn high profits, the WISE token is essentially an ERC-20 based smart contract created to be deployed on the Ether blockchain. WISE functions as a decentralized, trustlessly exchangeable, automatically liquid, interest-bearing, and bond-like digital token. Read on to discover why the WISE token is a game-changer when it comes to cryptocurrency trading and staking.

CRYPTOCURRENCY TRADING – WISE TOKEN AND THEIR MARKET STRATEGY When it comes to trusting others with their money, people find it extremely risky. This major flaw within the traditional financial trading instruments is one of the reasons why WISE was created. WISE ensures that users are always in full control and custody of their tokens, even when numerous economic activities are taking place.

The initial process of minting WISE, closing and opening stakes, earning referral bonus, receiving interest, as well as selling WISE in exchange for ETH or any other token can be easily done without allowing other system or person to control a user’s WISE digital tokens. Now, if you compare this with the numerous banks that aren’t easy to trust as well as the money managers that don’t keep your best interest at the back of their minds, you will find that WISE is an excellent project to invest in.

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The main aim of the token is staking that is much similar to CDs and bonds, i.e. rewarding a holder with interest earned for locking their funds up for a specific time. WISE incorporates a couple of features of both the traditional financial instruments but also improves upon them to a large extent. As far as CDs are concerned, they tend to offer low risk, low returns, and payout the interest amount only on the date of maturity. On the other hand, bonds are higher in terms of risk, but offer higher returns and pay the interest regularly and as per a pre-defined schedule.

WISE draws many similarities with the bond. It earns a high interest, but allow the users to withdraw the tokens whenever they require. Thus, WISE provides the staker with complete flexibility by allowing them to withdraw the interest during a stake’s life. One can withdraw the interest irregularly, daily, or wait until the date of maturity, or whichever option suits them.

Staking of WISE provides high returns, lower risk (owing to being trustless and decentralized), and much higher flexibility in comparison to both CDs and bonds. Hence, there is no need to trust governments and banks for staying solvent and not altering their rules. Also, there isn’t anything to worry about the bond issuer defaulting on you. Put simply, WISE is an immutable and pure code.

Apart from this, WISE comes with a 50-day launch time for the investors wherein they can reserve WISE. Every day of launching, around 5 million WISE tokens are available and they are proportionately distributed following the total ETH amount sent for a day.

Alternatively, users can consider selling WISE. Users can instantly cash out with the help of the Uniswap decentralized exchange. Thus, WISE instantly creates a massive liquidity pool on the Uniswap exchange, with no KYC required as well as the opportunity to swap using the private wallet.

CRYPTOCURRENCY TRADING THE WISE TOKEN – WHY ITS A GAMECHANGER? If you are interested in cryptocurrency trading and in case you are searching for the best crypto projects, then WISE is the right way forward! WISE has redefined Decentralized Finance (Defi) by creating an innovative cryptocurrency trading platform. In the case of WISE, there are no team tokens, and 90% or over of the presale amount goes into Uniswap liquidity. There are no contract burns and admin keys. Thus, if you are on the lookout for the best cryptocurrency trading the Wise token is an ideal place to begin for earning returns.

WISE is a non-profit oriented project that aims to dedicate 100percent of the funds that won’t be used for creating the code for the well being of the investors. WISE has created a unique ecosystem wherein the WISE token offers direct value to the owners.

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CRYPTOCURRENCY MARKET STRATEGIES – WHY MASS LIQUIDITY IS BEST 1.Buying and Burning Strategy: IN THIS STRATEGY, A SPECIFIC PORTION OF THE MONEY IS USED FOR BUYING UP TOKENS DIRECTLY IN THE MARKET AND SENDING THEM FOR BURNING AN ADDRESS. THIS BURNING OF TOKENS REDUCES SUPPLY AS WELL AS DRIVES THE PRICE WHEN IN DEMAND. This strategy is valid, but is relatively a very limited amount of fund and is dependent on a high activity within the system. Usually, as the price increase system is required the most, this is when there is minimal activity and thus less adoption. Also, this particular strategy is effective only when money streams continue to come in, and not in the case of an initial pot. Using this particular strategy in the initial pot will only result in a temporary pumping in the price, with no everlasting effects apart from the fallout in price.

2.Lending Strategy: The May protocols (such as the YFI) lend the funds out to numerous other protocols such as the Compound, Aave, MKR, etc. This strategy is solid, but only achieves around 14% return on investment on an annual basis. While this strategy was much hyped about and sent the pricing of the YFI tokens from 35dollars to 44,000 dollars, the disadvantage is that it ties a huge amount of funds for very little interest in comparison to other cryptos. Thus, in the end, there isn’t any value, unless individuals are looking to take the crypto project as the retirement account, permitting interest to compound over several decades.

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3.Mass liquidity strategy: This particular strategy entails using 90percent or even more of an initial amount of money for creating a market instantly on the Uniswap exchange, and later burning keys, locking the funds into that market forever. This is exactly what WISE is capable of doing, and no other cryptocurrency trading platform or project has ever come close to even trying the same. One of the reasons could be because no crypto project is creating non-profit-oriented crypto and they aren’t willing to let millions of dollars pass without touching them. WISE ensures that the mass liquidity creation strategy is a way more powerful creator of value when compared to the other two strategies.

Firstly, because the creation of an instant trading market provides a way for the investors for buying in huge amounts with little slippage. Also, mass liquidity enables people to cash out huge amounts as easily as they are bought in. This is primarily why ETH and BTC have managed to grow and achieve the massive market capitalization figure that they have today. The creation of mass liquidity instantly implies touching one billion dollar market capitalization in one year, rather than depending on people for building up of order books on exchanges over several years.

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Another way in which mass owner liquidity offers incredible value is through the ownerless feature of the huge amount of liquidity that creates value for tokens instantly alongside a hard pricing floor.

The reason why it results in instant value is that any individual can go to the Uniswap exchange as well as the cash-out, knowing well that the huge pot of funds isn’t removable. Unlike other crypto projects, WISE offers a provable value and thus a mass ownerless liquidity results in a provable pricing floor. This is equivalent to 25percent of the price listed initially on the Uniswap exchange. Most of the other crypto projects do not offer safety to this extent. They don’t have a pricing floor, as well as they don’t provide a provable value.

Last but not the least, this creation of mass ownerless liquidity results in the creation of value from the trading fees. Given that liquidity on the Uniswap exchange is ownerless, the trading fees charged daily rolls back into liquidity, thereby growing its overall value each day. Hence, when the return of investment of the liquidity goes past inflation (Wise only has 4percent, and so it is nearly certain), then the increasing value of this liquidity increases the pricing floor as well as decreases slippage much more with time.

CRYPTOCURRENCY TRADING WISE TOKEN – CONCLUSION To sum up, the WISE ecosystem will largely depend on staking for generating profits in terms of interest. For locking up (staking) their WISE tokens in the smart contract, investors will get profits from their private wallets. During the launch, investors will come together to contribute towards the creation of a huge liquidity pool through the sending of their ETH tokens to the smart contract. Staking of WISE is both secure and profitable when compared to other options simply because the token enables investors to acquire a stable and secure income by staking of their funds within the system, at low risk, and in return for higher profitability. WISE also offers a higher interest when compared to investments like CDs and bonds, as well as bank deposits.

So, if you are a newbie looking forward to opportunities for cryptocurrency trading, or even if you are a seasoned investor in search of a reliable and efficient way of making the best of the blockchain, invest in the WISE project to enjoy long-term, liquid, and stable earnings.

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