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Public Cryptonary channel where we cover different crypto-related topics and share continuous content 🚀 www.cryptonary.com

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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 👇

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For full details, read here.

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Uniswap, the prominent Decentralised Exchange (DEX), will be launching V3 in May.

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https://www.cryptonary.com/bitcoin-hits-60k-as-crypto-market-cap-approaches-2-trillion/

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Don’t stay sidelined

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We uncovered this in this report

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BITCOIN HIT $60,000 🚀

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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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Subscribe to Weekly Technicals and never miss another technicals update again!

It's FREE and comes straight to your inbox 🚀

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Read the full thread 🧵

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Many people have too many bags, less is more. Read about diversifying the right way!

https://www.cryptonary.com/journal/the-correct-way-to-diversify/

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High Reward, Low Risk

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New markets and sectors are always filled with opportunities.This is applicable to Crypto but even more so to Decentralised Finance (i.e. DeFi). However, these exceptional returns all come with a lot of risk...

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We've written a full report about what the future holds for Bitcoin and the rest of the Cryptocurrency asset class

Get the full report for FREE by clicking here!

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The answer is simple: Dollar Devaluation from excess supply creation

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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?

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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.

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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)

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https://twitter.com/cryptonary/status/1370715199645319168?s=21

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2021: Year of the Ox 🐂

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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

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Read the full report here!

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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/

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FTX has now opened up USD deposits via PayPal

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https://twitter.com/cryptonary/status/1366040930231402499?s=21

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https://www.cryptonary.com/fireworks-bitcoin-hits-1-trillion-market-capitalization/

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What if we told you there's a specific opportunity within DeFi that can have very high potential rewards but this time with very limited risk? Would you capture it or would you let it slip? A very rare opportunity.

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https://www.cryptonary.com/how-best-can-u-s-companies-allocate-the-2-5-trillion-cash-pile-at-their-disposal/

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Let's take a look at Bitcoin's Progression

1. Developers ✅
2. Risk-Takers ✅
3. Retail Investors ✅
4. Accredited Investors ✅
5. Institutions (loading...)
6. Companies (loading...)
7. Central Banks (coming soon)

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Tesla purchased $1.5 Billion worth of Bitcoin

This is the third company to get on the trend of pledging a portion of their treasury into Bitcoin

Why?

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