Crypto Gold News ✪

2021-11-11 08:56:00 Bollinger Bands Explain

How this indicator works:

When the bands tighten during a period of low volatility, it raises the likelihood of a sharp price move in either direction. This may begin a trending move. Watch out for a false move in opposite direction which reverses before the proper trend begins.

When the bands separate by an unusual large amount, volatility increases and any existing trend may be ending. 

Prices have a tendency to bounce within the bands' envelope, touching one band then moving to the other band. You can use these swings to help identify potential profit targets. For example, if a price bounces off the lower band and then crosses above the moving average, the upper band then becomes the profit target. 

Price can exceed or hug a band envelope for prolonged periods during strong trends. On divergence with a momentum oscillator, you may want to do additional research to determine if taking additional profits is appropriate for you. 

A strong trend continuation can be expected when the price moves out of the bands. However, if prices move immediately back inside the band, then the suggested strength is negated.

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2021-11-10 21:58:57 Algorand Fundamentals Very Bullish

• 4 second transaction finality.

• Transactions cost is ~ $0.002.

• 1000 TPS currently, growing to ~ 20,000 TPS in 2022.

• Full NFT minting support.

• It doesn't fork (great for NFTs)

• Full Smart Contract features.

• ASA and side-chain support.

• Transactions can add up to 1kb of arbitrary text data.

• It's uses a new PPoS algorithm to select and validate blocks (it's decentralized).

• PPoS means no mining (it's good for the envoronment, and already carbon neutral).

• Great developer ecosystem (lots of SDKs, documentation, IDE plugins, and an excellent indexer to easily search the blockchain).

• Bourgening market for dApps and NFTs.

• Anyone can set up a node and participate.

• Excellent mobile wallet that works with WalletConnect.

• Governance voting mechanism means we can upgrade the protocol over time.

• It has a great team (MIT backed + lots of investment cash).

Definitely Hold For Long Run, it will explode in 2022.

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2021-11-10 19:01:59 What Is The Relationship Between Bitcoin Prices And Inflation?

People invest in cryptocurrency for different reasons. While some want to book profits, others see a quick way to grow their wealth. Still, there are others who see it as a store of value. But most of them would agree that cryptocurrency, especially Bitcoin, is a great hedge against inflation. That is when inflation rises, the value of money depreciates. To beat this recurring problem, many people invest in assets that are almost certain to rise in value at a rate more than inflation. This strategy ensures that the net value of their investment remains positive despite inflation eating into the value of their savings.

The rapid growth of Bitcoin over the past year has made investors see in it the potential to beat inflation. So, instead of putting their money into gold or realty, many of them are entering the cryptocurrency industry.

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2021-11-10 17:32:57 Amazon Customers Will Be Able To Pay With Venmo (Owned by PayPal), Payment Service That Support BTC, ETH, LTC and BCH.
Beginning at some point in 2022, 

Global adoption

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2021-11-10 15:14:43 Vet Update

Breaking out of accumulation box

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2021-11-10 15:12:01 Short term trade 7 - 14 days
High risk

#ALPH/USDT at (Binance.com)

Buy between 1.18 - 1.19

Profit Targets - 1.3 - 1.4 - 1.6

Stop below – 1.08

Do your own Analysis!

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2021-11-10 13:04:06 Brave & Solana Collaboration

Brave, the company behind the Brave browser, has partnered with Solana to provide support for the blockchain directly from its browser. According to a press release, the Brave browser will now default to Solana for cross-chain and decentralized app support. Brave users, that are now in the millions, will have access to a Solana wallet within the app. This feature is expected to roll out during the first half of 2022.

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