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 Guggenheim Fund Prepares to Invest as Much as Half a Billion Dollars in Bitcoin.............................................15 Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios ..................................16 TRON Partners with Huawei to Offer BitTorrent to Over 3B Huawei Users............................................................17 UAE, Saudi Arabian central banks release report on Project Aber CBDC trial .....................................................19 Bitcoin Hits a New All-Time High on 3 Exchanges, 100% of BTC Holders in Profit ............................................20 Authorities shut off electricity to Bitcoin miners in China’s Yunnan province.........................................................21 Gold is Being Dumped by Investors for Bitcoin; BTC Black Friday Sale Draws in New Buyers.....................23 Coinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network Congestion...........................24 Renowned Historian Says Bitcoin Is a Great Place for Rich People to Store Their Wealth .............................25 $100 Million in Bitcoin From Bitfinex Hack Has Moved.................................................................................................26 HOW BUSINESSES CAN BENEFIT FROM UTILIZING THE ATROMG8 ECOSYSTEM?...........................................................27 INVESTMENT MANAGEMENT APPLICATIONS – QUIVERX INVESTMENT APP FOR ALL..................................................33
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Editor’s Letter
The rise in institutional appetite for Bitcoin is one of the major reasons for the new all-time high. Along with the spot markets, institutional investors are known to use the derivatives route to invest. Due to this, the CME Group, recently became the largest Bitcoin futures market, overtaking OKEx, according to Arcane Research. In a separate report, data suggests that gold is under a bear grip and the weekly outflow has hit a new record. This suggests that some investors are booking profits in gold. Crypto analysts believe that some of the money from gold could enter the crypto markets and that may boost Bitcoin’s price further.
OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE ARE HOW BUSINESSES CAN BENEFIT FROM UTILIZING THE ATROMG8 ECOSYSTEM? & INVESTMENT MANAGEMENT APPLICATIONS – QUIVERX INVESTMENT APP FOR ALL Bitcoin corrected sharply on November 25 and 26. Although the price dipped below the 20-day EMA, the bears could not capitalise on this weakness and sustain the lower levels. This suggests that traders viewed the fall as a buying opportunity. The strong bounce off the 20-day EMA has carried the BTC/USD pair near the psychological resistance of $20,000, as suggested in the previous analysis. The upsloping moving averages and the RSI near the overbought territory suggest advantage to the bulls. If the bulls can push and sustain the price above $20,000, the next leg of the uptrend to $25,000 could begin. Conversely, if the bulls fail to sustain the price above $20,000, the pair may consolidate in a range for a few days before starting the next trending move. The trend will turn in favour of the bears if the price turns down and plummets below $16,000. We believe that the risk to reward ratio is not attractive. Hence, we will wait for the price to correct, stabilise, and form a bottom before proposing a trade.. Lastly please check out the advancement’s happening in the cryptocurrency world.
Chief Editor
Enjoy the issue!
Cryptonaire Weekly | December 1st 2020
Karnav Shah
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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. Our Cryptonaire Weekly magazine includes expert technical analysis, providing trading opportunities to our subscribers as well as fundamental analysis so our readers can keep up to speed with the current developments in the crypto markets. Not only do we provide the information necessary to trade active cryptocurrencies on the exchanges, but we also take a look at ICOs to help you find those golden projects with real value! No longer will you have to rely on multiple sources to keep on top of the markets, we deliver everything directly to your inbox each and every week. What are you waiting for?
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WEEKLY CRYPTOCURRENCY MARKET ANALYSIS Hello, crypto traders welcome to this week’s 159th edition of Cryptonaire Weekly. The overall Cryptocurrency Market Cap stands at $581 Billion. We have seen a $15 Billion increase in the Market Cap since last week. Bitcoin price is currently around $19,450 from $18,405 last week and has increased by 5.68% and Ether price is now at $607 from $617 last week and has decreased by 1.62%. The current market cap for bitcoin is $363 Billion, and for Altcoins, the current market cap is $218 Billion. The rise in institutional appetite for Bitcoin is one of the major reasons for the new all-time high. Along with the spot markets, institutional investors are known to use the derivatives route to invest. Due to this, the CME Group, recently became the largest Bitcoin futures market, overtaking OKEx, according to Arcane Research. In yet another positive, Guggenheim Macro Opportunities Fund sought approval from the US SEC to take exposure in Bitcoin through the Grayscale Bitcoin Trust. The fund plans to invest up to 10% of its net asset value of $5 billion in Bitcoin. Global Macro Investor and Real Vision CEO Raoul Pal said in an interview with Cointelegraph that Bitcoin could rally to $150,000 by November 2021 and if the institutional buying picks up further, the biggest cryptocurrency could even reach $250,000. In a separate report, data suggests that gold is under a bear grip and the weekly outflow has hit a new record. This suggests that some investors are booking profits in gold. Crypto analysts believe that some of the money from gold could enter the crypto markets and that may boost Bitcoin’s price further. While possibilities are huge, traders should not get carried away by lofty targets. It is better to invest by keeping an eye on the risk.
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Percentage of Total Market Capitalization (Dominance)
Bitcoin
62.41%
Ethereum
11.92%
Tether
5.12%
XRP
3.31%
Chainlink
1.01%
Litecoin
1.01%
Bitcoin Cash
0.97%
Polkadot
0.91%
Binance Coin
0.81%
Cardano
0.78%
Others
11.75%
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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 corrected sharply on November 25 and 26. Although the price dipped below the 20-day EMA, the bears could not capitalise on this weakness and sustain the lower levels. This suggests that traders viewed the fall as a buying opportunity. The strong bounce off the 20-day EMA has carried the BTC/ USD pair near the psychological resistance of $20,000, as suggested in the previous analysis. The upsloping moving averages and the RSI near the overbought territory suggest advantage to the bulls. If the bulls can push and sustain the price above $20,000, the next leg of the uptrend to $25,000 could begin. Conversely, if the bulls fail to sustain the price above $20,000, the pair may consolidate in a range for a few days before starting the next trending move. The trend will turn in favour of the bears if the price turns down and plummets below $16,000. We believe that the risk to reward ratio is not attractive. Hence, we will wait for the price to correct, stabilise, and form a bottom before proposing a trade.
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ETHEREUM - ETH/USD
Traders who had followed the recommendation to book profits near $621 given in the previous analysis would have avoided the sharp fall on November 25 and 26. Although Ether broke below the 20-day EMA, the bears could not sustain the lower levels. The fall to $488.95 gave an opportunity to the traders to buy as the risk to reward ratio was favourable. The ETH/USD pair picked up momentum on November 28 and surged to $617 on November 30. Currently, the bears are attempting to defend the $625 level but if the bulls do not give up much ground, it will increase the possibility of a break out of the overhead resistance. If successful, the biggest altcoin could start its journey to $800. The rising moving averages and the RSI near the overbought zone suggest advantage to the bulls. Contrary to this assumption, if the bears sink the price below $565, the pair could enter a rangebound action for a few days. Aggressive traders could buy if the price sustains above $625 for a few hours. This is a risky trade, hence, a close stop-loss can be used. Positional traders can remain on the sidelines and wait for the next low-risk buying opportunity.
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RIPPLE - XRP/USD
We again got this trade and the level of the correction right in the previous analysis. XRP plunged sharply on November 26 and declined to an intraday low at $0.45961, but the lower levels attracted buying and the altcoin closed at $0.53823. On November 27, the bulls again defended the dip to the psychological support at $0.50. The bears are currently attempting to stall the relief rally at the 61.8% Fibonacci retracement level at $0.65761. If the price turns down from the current levels, the XRP/USD pair could drop to $0.50 and remain range-bound for a few days. But if the bulls can push the price above $0.68, a retest of $0.78 will be on the cards. The upsloping moving averages and the RSI in the overbought zone suggest advantage to the bulls. This positive view will be invalidated if the pair turns down sharply from the current levels and sustains below $0.50. Such a move could suggest bears are back in the game. We do not find any reliable trading setups at the current levels; hence, we are not suggesting a trade in it.
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BITCOIN CASH - BCH/USD
The bulls pushed the price above $350 on November 24 and 25 but could not sustain the higher levels. This gave an opportunity to traders to book profits as suggested in the previous analysis. Bitcoin Cash turned down sharply on November 25 and 26 and plunged to a low of $251.59, much below our expectation of $300. The buyers again purchased at lower levels and pushed the price above $280 on November 29. This attracted strong buying by the bulls and the BCH/USD pair surged to $322.78 on November 30. The bears are likely to defend the $326.73 to $350 overhead resistance zone. If the price turns down from this zone, the pair could remain range-bound for a few days before starting the next trending move. On the downside, a drop below $280 will suggest advantage to the bears while a break above $350 will open the doors for a rally to $500. We do not find any reliable buy setups at the current levels; hence, we are not recommending a trade in it.
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CHAINLINK - LINK/USD
Chainlink turned down from $16.42 on November 24 and fell to a low of $11.28 on November 26. This fall would have hit the stop-loss of the traders that were kept at breakeven according to our suggestion given in the previous analysis. The bulls purchased the low below the 50-day SMA and have again pushed the price above the $13.40 overhead resistance. The RSI above 56 suggests that the bulls are attempting to make a comeback. If the bulls can sustain the price above $13.40, a retest of $16.42 is possible. A break above this resistance could carry the LINK/USD pair to $18 and then to $19.50. On the other hand, if the price turns down from $16.42, the pair may remain range-bound for a few days. A break below $11.28 will tilt the advantage in favour of the bears. We do not find any reliable buy signal at the current levels; hence, we are not suggesting a trade in it.
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ADVANCEMENTS IN THE CRYPTOCURRENCY WORLD Guggenheim Fund Prepares to Invest as Much as Half a Billion Dollars in Bitcoin
Global investment and financial advisory services company Guggenheim Partners is getting ready to funnel as much as half a billion dollars into Bitcoin. According to a document filed by Guggenheim Funds Trust at the US Securities and Exchange Commission (SEC) on November 27th, the Wall Street giant with $295 billion assets under management is seeking approval for one of its funds to take a substantial position in the Grayscale Bitcoin Trust (GBTC). “The Guggenheim Macro Opportunities Fund may seek investment exposure to Bitcoin indirectly through investing up to 10% of its net asset value in Grayscale Bitcoin Trust. To the extent the Fund invests in GBTC, it will do so through the Subsidiary. Except for its investment in GBTC, the Fund will not invest, directly or indirectly, in cryptocurrencies.� With $5.3 billion in total assets under management according to investment research firm Morningstar, the Guggenheim Macro Opportunities Fund is expected to purchase more than $500 million in GBTC, joining the ranks of large institutional investors, including MicroStrategy and Square, who have taken a leap of faith into Bitcoin this year. Read more...
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Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios
The research arm of New York-based AllianceBernstein, a global investment manager with $631 billion in assets under management, has had a change of heart when it comes to bitcoin as an investment asset. In a research note produced for clients, seen by CoinDesk, Inigo Fraser Jenkins, co-head of the portfolio strategy team at Bernstein Research, said the firm had previously ruled out bitcoin (BTC, +4.07%) as an investment asset back in January of 2018, soon after bitcoin had hit its all-time high close to $20,000. But post-pandemic changes to the policy environment, debt levels and diversification options for investors mean the asset manger now has “to admit [bitcoin] does” have a role in asset allocation, at least over the long term. Fraser Jenkins said the “significant reduction” in the volatility of bitcoin’s price makes it more attractive both as a store of value and as a medium of exchange. The pandemic has also seen a rise in bitcoin’s correlation with other major assets. On the other hand, he said, bitcoin is a liquid asset and can be quickly sold off, as happened during the March markets crash. Read more...
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TRON Partners with Huawei to Offer BitTorrent to Over 3B Huawei Users
Already four of Tron’s applications including BitTorrent, BitTorrent Pro, uTorrent, and uTorrent Pro have become available in the Huawei ecosystem. Tron Foundation, a leading decentralized protocol working to advance the decentralization of the internet and its infrastructure, has strategically partnered with Huawei, one of the leading telecommunication companies, to list BitTorrent on its latest devices. Apparently, over 3 billion Huawei users in over 170 countries will now access BitTorrent services on their mobile gadgets. The Tron portfolio project will be available on the latest Huawei devices through the AppGallery. “This is another huge milestone for TRON and BitTorrent to be listed by one of the largest Android manufacturers in the world,” says Justin Sun, Founder of TRON and CEO of BitTorrent. This is a great opportunity for Tron Foundation to venture into more markets and widen its customer base.
“We are excited to see the blossoming universe of distributed networks grow via Huawei devices and technology,” Sun indicated. According to the press release, already four of Tron’s applications including BitTorrent, BitTorrent Pro, uTorrent, and uTorrent Pro have become available in the Huawei ecosystem. Read more...
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UAE, Saudi Arabian central banks release report on Project Aber CBDC trial
Central banks from two of the most powerful economies in the Middle East released a report today on a yearlong joint central bank digital currency (CBDC) project — and results speak glowingly of blockchain technology. First announced in January of 2019, Project Aber was a joint effort between the United Arab Emirates and Saudi Arabia to establish a “proof of concept” designed to “contribute in the body of knowledge in CBDC and DLT technologies.” The combined effort of two central banks in such a study is among the first of its kind. To this end, the report notes that the choice of name in “Aber” spoke to the core mission of the project: “The name Aber was selected because, as the Arabic word, for “crossing boundaries”, it both captures the cross-border nature of the project as well as our hope that it would also cross boundaries in terms of the use of the technology.” Broken into three distinct phases that progressively expanded the scope of the trial to six different commercial banks, the report notes that the project used a digital currency backed with real money in order to force “greater consideration” of issues surrounding security and existing payment systems. Read more...
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Bitcoin Hits a New All-Time High on 3 Exchanges, 100% of BTC Holders in Profit
Yes, we finally did it. Bitcoin hit an all-time high today on a few exchanges. When last week, the market was expecting new highs, the digital asset fell to $16,300, and this week, when another pullback has been expected, Bitcoin hit a new all-time high. Bitcoin hasn’t breached $20,000 yet on spot exchanges, but on several exchanges, a new peak has been set. Three cryptocurrency exchanges recorded a new ATH today that involves Binance, Bitstamp, and Kraken by breaking above $19,798, $19,666, and $19,660, respectively. We have yet to make a new high on Coinbase, Bitfinex, Gemini, and BitMEX. While BTC hasn’t hit the sweet $20k yet, we hit it on Bakkt and CME’s futures market. In the immediate dip after the pump to new highs, which has BTC currently trading around $19,150, Kraken actually saw Bitcoin going as low as $16,600, unlike other exchanges where BTC only went about $19,000 level. With these gains, 100% of Bitcoin’s circulating supply is currently in profit. Read more...
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Authorities shut off electricity to Bitcoin miners in China’s Yunnan province
Local media reports indicate electricity producers in Yunnan, China’s fourth-largest province by Bitcoin hash rate, have been ordered not to provide power to crypto mines. Local sources report that authorities from the city of Baoshan in the Chinese province of Yunnan are escalating efforts to crack down on Bitcoin miners, ordering electricity producers to cease supplying power to the city’s miners. On Nov. 30, Chinese crypto reporter Colin Wu tweeted that several miners had informed him of the ban, sharing what appear to be scanned copies of official documents issued to power producers: However, Wu added that the ban was probably informed by localized “economic interests,” and probably is not indicative of a desire to quash crypto mining on the part of Beijing: “There is no need to overestimate the impact of this incident. The attitude of China local power companies towards crypto mining is often changing. It is more a demand for economic interests than political pressure.” The ban appears to have coincided with a 24-hour drop in global hash rate of roughly 10% from 140 exahashes per second to 125 EX/s, though correlation is far from causation. Read more...
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Gold is Being Dumped by Investors for Bitcoin; BTC Black Friday Sale Draws in New Buyers
The yellow metal continues to get hammered. Today, gold fell further to $1,764, down 15% from its all-time high of $2,075 in early August, recording losses for four months in a row now. November is on track to be bullion’s worst month since Nov. 2016, as it fell more than 5%. Since July, sliding below the $1,800 level for the first time, the key technical support level only accelerated the sell-off. With gold below the 200-day moving average, it could trigger even more technical selling. These losses are in line with continued outflows of gold exchange-traded funds (ETF), the first monthly one this year. While gold has been going down for the last four months, Bitcoin has been enjoying an uptrend, going from $12,000 to $19,500 during the same period. “It actually looks like Gold is being dumped for Bitcoin,” commented one trader on this completely opposite direction both the assets are moving in. Up 158% YTD compared to gold’s 17%, Bitcoin is poised to break its all-time high of $20,000. Read more...
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Coinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network Congestion
Leading cryptocurrency exchange Coinbase, on a day when the price of bitcoin (BTC) surpassed its all-time high, said it is experiencing delays processing BTC withdrawals due to Bitcoin network congestion. Deposits, buys and sells are not impacted, the exchange said. Coinbase has suffered a number of issues – mainly outages – during busy trading periods this year including most recently on Nov. 26. The most recent issue comes as BTC eclipsed its all-time high of $19,783 Monday morning en route to setting a new record of $19,864 before giving back some of those gains, trading at $19,478.89, up 6.90% at press time. Read more...
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Renowned Historian Says Bitcoin Is a Great Place for Rich People to Store Their Wealth
Renowned historian and Milbank Family Senior Fellow at the Hoover Institution at Stanford University, Niall Ferguson, says Bitcoin is emerging as a leading and reliable store of wealth. In a new article penned at Bloomberg, Ferguson points to a myriad of well-known investors who are entering the space, including Paul Tudor Jones, Stanley Druckenmiller and Bill Miller. He also notes recent remarks from economist and longtime Bitcoin critic Nouriel Roubini, who recently said BTC may be a partial store of value. Ferguson points to the ongoing pandemic as the primary fuel behind the rise of Bitcoin in 2020, comparing it to a boost in the monetization of the English economy in the aftermath of the Black Death. In this new era, he says people are beginning to recognize the leading cryptocurrency as scarce, sovereign and therefore a “great place for the rich to store their wealth.” “First, the pandemic accelerated our advance into a more digital world: what might have taken 10 years has been achieved in 10 months. People who had never before risked an online transaction were forced to try, for the simple reason that banks were closed. Second, and as a result, the pandemic significantly increased our exposure to financial surveillance as well as financial fraud. Both these trends have been good for Bitcoin.” Read more...
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$100 Million in Bitcoin From Bitfinex Hack Has Moved
Nearly $100 million worth of Bitcoin stolen from the 2016 Bitfinex hack has just been moved from idle wallets. Over 5,000 Bitcoin was moved on Monday from 14 wallets. These 5045.48 coins—worth $98.3 million—hadn’t previously been moved since the 2016 hack. The Bitfinex exchange was hacked in 2016 following a problem with its multi-signature wallets. Today, the stolen Bitcoin is worth over $2.3 billion (yes, you read that right.) Today’s movement of the stolen funds isn’t the first time some of the Bitcoin pinched in the 2016 hack has been moved. Just in August, about $5.6 million in stolen coins was shifted. Moving Bitcoin from idle wallets keeps happening, too. Bitcoin that hadn’t previously moved for years is being transferred to other wallets—known as an “awakening”. The Bitcoin is often “Satoshi-era”—meaning the coins were mined when Bitcoin’s pseudonymous creator, Satoshi Nakamoto, was still communicating with the crypto world. But the previously sleeping Bitcoin moved today has a sadder history behind it: The cryptocurrency stolen in the hack still hasn’t been recovered. Bitfinex has even offered up to $400 million as a reward for anyone who can put it in contact with the hackers. Read more...
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HOW BUSINESSES CAN BENEFIT FROM UTILIZING THE ATROMG8 ECOSYSTEM?
APPLIED BLOCKCHAIN – WHY WAS ATROM CREATED? Applied blockchain technology is only seen in a few well-established crypto companies recently utilising blockchain technology has gained prominence among businesses, consumers, and other investors since 2017. One such crypto projects that businesses can consider investing in is the ATROMG8. Also referred to as the ATROM, the ATROMG8 crypto coins have been divided into 100,000,000 units of BETROM. It is an ecosystem built and designed based on advanced software that was created from numerous open-source projects of the previous decades as well as a decentralized transactional platform. The ecosystem has been designed to support education, digital environment, payment, communication, gig economy, and more while extending privacy and security. ATROMG8 serves as an innovative multi-DLT Blockchain-based system, powered by the latest MixNet 5.0. The project is gradually carving its own niche within the crypto sector. The system is designed to operate as a secured network where companies and people across multiple categories can communicate, work as well as exchange values. This means that user decides who will get their data and the manner in which it can be used.
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Besides, the metadata, as well as the messenger products, remain hidden from ATROMG8 or other participants. It can’t be recorded or requested since it does not get stored anywhere as well as functions on the decentralized server-based systems. To be able to provide a comprehensive range of services to its users, ATROMG8 has partnered with numerous service providers such as trading platforms, banks, and crypto exchanges. In doing the same, ATROMG8 ensures it chooses only licensed and legally compliant service providers. THE RELEVANCE AND BENEFITS OF ATROMG8 ECOSYSTEM FOR BUSINESSES – APPLIED BLOCKCHAIN TECHNOLOGY The decision of using cryptocurrency is slightly involved in a business organization in comparison to an individual. This is because there are many business assets and people involved. A growing number of businesses are turning to cryptocurrencies as a method of payment, as they have begun to realize the many benefits it provides with regard to cost, security, and speed. Today, businesses have also become conscious about the fact that it is important to keep abreast of the latest technologies, particularly the ones that can improve how they operate while providing customers an increased number of payment options. Businesses that rely on cryptocurrencies for payment methods can save their transaction or banking costs. Remember, the banking costs are traditionally severe and can create a huge dent in the business profits. Given that cryptocurrency-based platforms are decentralized, and there aren’t any governmental or regulatory authorities to manage it, no amount of fee collection takes place, thus resulting in huge annual savings for the businesses. Apart from this, with the use of cryptocurrencies like ATROMG8 that have applied blockchain technology, businesses can ensure fast transaction times and improved customer services. This further helps businesses to better manage their finances and avoid frauds as well as chargebacks. With the advent of the coronavirus led pandemic, one thing has become quite apparent that the world requires more digital solutions that have applied blockchain, than what was expected earlier. This would help to keep the structures operational as well as help communities to spend time with each other, communicate, and earn funds in a secure and trusted environment. As per many expert reports, as many as 12 giant ecosystems will come into effect worldwide by 2025, with a $60 trillion turnover. This amounts to almost 30% of the world’s sales volume. The design, type as well as composition of ecosystem shall vary as per their geographical area or location, based on their cultural preferences and regulatory or legal requirements. Given the scenario, many other ecosystems such as ATROMG8 as well as its partners have emerged to tackle the communication requirements, office/home needs, and education as well as gig economy. The study further clarified that the organizations that give importance to the customers have now become highly valuable organizations worldwide. In fact, 7 out of these 10 giant corporations (in terms of market cap) are ecosystem-based players and include the likes of Microsoft, Amazon, Facebook, Apple, Alibaba among others. Cryptonaire Weekly | December 1st 2020
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ATROMG8 is working to build the future, and the giant corporations will also join them while ensuring data, communication, security, and privacy protection. Makers of the ATROMG8 system think that there are much better ways of treating communities’ information and data in comparison to how it is being currently handled today. A couple of years ago, there weren’t any industry driven regulations. However, today the landscape has transformed drastically with every nation having its own legislation and regulations for space. In their bid to provide country-based services that are following the latest laws as well as supported by regional authorities, ATROMG8 has applied blockchain technology and complies with the regulations in every region. Hence, organizations and businesses from around the world can develop their own crypto coin, or digital token, as well as products on ATROMG8’s open-source blockchain-based system. All of this takes place as per the regulations applicable in the country, and in a protected and safe environment. Apart from this, the ecosystem’s tech partners provide a wide range of solutions to organizations/businesses that range from complex integrations to simple APIs. HOW EASY IS IT TO USE ATROMG8 ECOSYSTEM – APPLIED BLOCKCHAIN TECHNOLOGY Several stakeholders come together and work hard to design ATROMG8’s secure and dynamic ecosystem. The system offers private conversations and secure transactions as the participants within the ecosystem function using their digital identifications, and in a pseudo-anonymized manner across all the offerings, whether messenger, service provider, or any other opensource and community-based composition. The primary mission of the ATROMG8 ecosystem that has successfully applied blockchain is to create a real-time network, which is powered by a globally active system that is both private and secure. The world today has several messaging and communication apps that offer end-to-end secured encryption, but none of them provide encryption of the metadata. Even those apps that are highly safe require your permission to gather specific data for service-based diagnostics and performance, updates, and evaluations. This could include activity reports, log files, performance reports, and logs. Apart from this, information regarding the browser, operating system, including the IP addresses, search history, as well as mobile network information is also gathered and stored. The above threats, as well as threats related to malware attacks and hacking, also exist on these online platforms. Many experts and specialists think that having a platform created as well as encrypted by a couple of individuals can always be tricky. While technological applications can be controlled, none can control human intentions. Despite the latest techniques, the ones that can access the databases and tools must be trusted to ensure that they don’t ever turn malicious. With the ATROMG8 ecosystem and applied blockchain technologies, all these issues can be addressed significantly. ATROMG8 is the next-generation and outstanding global communication system that ensures the secure, reliable, and private exchange of digital content. It offers many value-added services to all individuals to ensure that wealth is distributed in a fairer way globally.
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CRYPTONAIRE
WEEKLY CRYPTO investment journal
ATROMG8’s applied blockchain architecture has been designed to develop an individual and enterprise ecosystem with payments & messaging solutions at a time when the world is plagued with issues like hidden costs of transaction and zero privacy. Thus, ATROMG8 intends to make the most of the latest technologies such as blockchain to design an optimized system for secure and safe communication.
HOW TO GET STARTED UTILISING THE ATROMG8 ECOSYSTEM? To get started, one can purchase the coins at the exchange, and a receipt will be provided for the services offered and node operation. On the other hand, when it comes to spending the coins, one can use it in the ecosystem as well as for the services consumers. Additionally, coin holders are also allowed to stake their digital coins as well as participate in lucrative offers of around 30% per year once the system is up and running. The total gathered fees shall be distributed among ATROMG8’s partners, service providers, and the charity.
Main-Net Launch Announcement #ATROMG8 Main-Net launched last week and is in the early stages of integrating over the coming weeks and months all the projects and features for full use.
What happens now the Main-Net Goes Live? As there was a smooth launch a user can now utilize the ATROMG8 ecosystem and built their projects, especially projects related to Communication and Payments. As you all may know we have been publishing content on ATROMG8 and how we believe this is a solid project and are constantly delivering on time and with total professionalism. If you do not have an account on ATROMG8 platform here is a link for quick access https://atromg8. com/
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CRYPTONAIRE
WEEKLY CRYPTO investment journal
TOP 5 REASONS BUSINESSES SHOULD USE ATROMG8 ECOSYSTEM
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CRYPTONAIRE
WEEKLY CRYPTO investment journal
Cutting-edge Technology: ATROMG8 harnesses the cutting-edge features of technologies such as blockchain to design a highly optimized system for secure and safe communication. Privacy: Today, privacy is one of the biggest concerns for both individuals and businesses. To address the same as well as to offer end-to-end encryption and protected communication, ATROMG8 harnesses the power of decentralized ledger. This can be accessed by numerous networks, and they can process transactions securely, and directly through satellite communication. Means of Exchange: ATROMG8 ecosystem has been curated to serve as a means of exchange, storing value, as well as for P2P transactions. The platform is empowered by its tokens-AG8, which can be used to access as well as use different features of the ATROMG8 ecosystem. Mode of Payments: The AG8 tokens can be used by businesses as a method of payment for receiving and sending data, services’ costs, aside to compensate for network operators. Secure and Seamless: The ATROMG8 platform is all-inclusive and offers secure, safe, affordable, and seamless communication under a single platform.
CONCLUSION In a nutshell, businesses that have integrated and applied blockchain-based systems like ATROMG8 within their own ecosystems stand to enjoy greater transparency, improved efficiency, better security, and increased traceability. All of this further results in increased business profits and performance.
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WEEKLY CRYPTO investment journal
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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CRYPTONAIRE
WEEKLY CRYPTO investment journal
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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WEEKLY CRYPTO investment journal
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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WEEKLY CRYPTO investment journal
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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CRYPTONAIRE
WEEKLY CRYPTO investment journal
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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CRYPTONAIRE
WEEKLY CRYPTO investment journal
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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WEEKLY CRYPTO investment journal
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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WEEKLY CRYPTO investment journal
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