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Public Cryptonary channel where we cover different crypto-related topics and share continuous content 🚀 www.cryptonary.com
NEW PRODUCT ALERT 🚀🔥
It's about to be a fun month of August!
We are proud to say that we’ll be launching a brand new product as part of the Cryptonary Pro subscription
Coming soon this month… 👀
Become a CPRO member today 👇Cryptonary.com/CPro
An intro to cryptocurrency - our new updated CPRO course is finally out and *LIVE NOW* on our website!
More Value Bombs 🚀
Course to be updated frequently with even more topics this year 🚀
👉 https://www.cryptonary.com/courses/
Become a CPRO member today 👇Cryptonary.com/CPro
More news 🚀
We’re hosting a webinar today, for CPRO members at 3PM BST.
Stay tuned for more details soon!
If you are new to crypto, chances are you were brought in through random sh*tcoins (& dogcoins) popping left, right and center but these are all sh*tcoins and when they tide shifts they gravitate towards 0 like they always do
The right way to do it is by focusing on innovation, long-term vision and fundamentally sound assets - specifically productive assets such as DeFi Tokens
Bitcoin strongest feature is it's scarcity
This value proposition is being stress-tested right now with the Federal Reserve printing fresh cash from thin air, leading to the creation of a cheap dollar.
How powerful is this scarcity?
V3 is a very important upgrade because it will integrate Ethereum Layer-2 scalability solutions which means transactions will be nearly instantaneous and feeless. This will allow many people, previously priced out because of gas fees, to interact with Uniswap.
Читать полностью…
Today two very important pieces of news took place:
- Morgan Stanley became the first U.S. bank to give their wealthy clients access to Bitcoin funds
- Meitu, a Hong Kong based company, invested $50 million into BTC & ETH to hold on their balance sheet
First, Bitcoin is completing its transformation in becoming an institutional asset.
Second and most importantly, Meitu bought more ETH than BTC. Why? Well we haven't had a discussionn with them but here's our opinion:
Investors are slowly beginning to understand how big Ethereum is. Today alone, over 1.3 Million transactions have taken place on Ethereum and that is a very normal number. ETH does not have a supply cap like Bitcoin, instead it has an inflation schedule which makes it less scarce than Bitcoin. BUT the newest proposal scheduled for implementation in July (EIP1559) will fix the fee problem and also introduce a Fee Burn. Ethereum generated $27 Million in fee revenue in the past 24 hours - $700M in the past 30 days. With transactional volumes increasing, ETH will reach a tipping point where Fee Burn > Inflation and hence turns ETH into a deflationary asset; making it more scarce than Bitcoin.
To give you more stats, only 3.5% of Ethereum addresses have interacted with DeFi protocols, imagine the upside on transactional volumes, fees and revenue with the burning mechanism from here.
ETH's economic model is getting a facelift (& that does not even include ETH2.0 with staking and locked up supply - 32ETH per validator)
https://twitter.com/cryptonary/status/1370715199645319168?s=21
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All of it is due to the institutional buying pressure relentlessly accumulating Bitcoin
There’s another coin they’re quietly accumulating and it’s gonna go just as vertical as Bitcoin did and probably deliver more returns
If you spend most of your day eyeing up crypto stuff and now want to get PAID for it, here's your chance!
We currently have some openings, you should go check them out..
https://jobs.cryptonary.com/
Episode 7 is now live! 🚀
Something different to the usual, take a listen to The Cryptonary Story for FREE.
An insight into how we started, our goals and why you should become a member👇🏽
https://www.cryptonary.com/podcast/the-cryptonary-story/
If you haven’t seen already we’re back to weekly podcasts!
Episode 6 is now live! 🚀
Come here us talk about The Psychology of Trading & Investing 👇🏽
https://www.cryptonary.com/podcast/the-psychology-of-trading-investing/
Happy Independence Day 🎉
Enjoy 25% off CPRO, today only!
Use code: JULY4 🙌
Cryptonary.com/CPro
How do you weather the storms and not only survive but thrive?
You need DIAMOND HANDS 💎 🙌
-$800 Billion in value lost from peak to trough today on the total crypto market cap
Panic time or opportunity time?
Of course, given the risky nature of such assets we are only investing amounts of capital that we consider fully expendable
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Despite recent dips, the cryptocurrency market has seen immense growth since the start of 2021 🚀
The question is, will this trend keep in the coming months? Also which months are likely to be the most profitable for cryptocurrency HODLers?
Our team has delved into a statistical analysis in order to answer that question 👇
Uniswap, the prominent Decentralised Exchange (DEX), will be launching V3 in May.
Читать полностью…
https://www.cryptonary.com/bitcoin-hits-60k-as-crypto-market-cap-approaches-2-trillion/
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Another 20X?
We're constantly researching the crypto market for opportunities and we've found one!
An asset we're going to be investing in based on two factors:
- We've tried out the product and we're actually going to be users of it
- Strong economic model (i.e. Tokenomics)
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