Posts from the 'Quoted' Category

Las criptomonedas superan la capitalización de mercado de 1B$

Las criptomonedas superan la capitalización de mercado de 1B$

Tras la drástica caída que sufrieron los precios durante las últimas semanas, el mercado de las criptomonedas ha conseguido cruzar la marca del billón de dólares en capitalización de mercado, lo cual brinda cierto alivio a los inversores y aumenta el optimismo sobre el comienzo de una tendencia alcista.

Se registra un fuerte interés de compra 

El fuerte interés de compra registrado en la moneda digital más grande del mundo, Bitcoin (CRYPTO: BTC), catapultó sus precios muy por encima de la marca de los 22.700 dólares, mientras que los precios de la segunda criptomoneda más valiosa, Ethereum (CRYPTO: ETH), cruzaron la marca de los 1.600 dólares, lo que ha hecho subir a todo el mercado de las criptomonedas aproximadamente un 5% en las últimas 24 horas.

La capitalización del mercado de las criptomonedas se sitúa en los 1,01 billones de dólares, un nivel que no se veía desde el 13 de junio.

Mientras que la capitalización de mercado de Bitcoin es de 420.000 millones de dólares, Ethereum tiene una capitalización de mercado total de 120.000 millones, de los que 20.000 millones de dólares se agregaron en las últimas 24 horas.

Ethereum se dispara un 54% en un mes

Según los datos de CoinGecko, Ethereum se ha disparado un impresionante 54% durante el último mes, gracias a su tan esperada fusión de su estado actual como blockchain de prueba de trabajo (PoW) a una red de prueba de participación (PoW) de eficiencia energética en septiembre de este año, también denominada “Ethereum 2.0”.

El activo había caído por debajo de los 1.000 dólares hace menos de una semana.

Según los expertos, aunque hay señales que apuntan a una recuperación del mercado de las criptomonedas en general, sería prematuro llamarlo una “bull run”.

Comienza lo que sería prematuro llamar una “bull run”

“Por un lado, no hay vientos en contra que apoyen el repunte y la mayoría de los factores que originaron el invierno de las criptomonedas siguen vigentes. Los inversores pueden agregar pequeñas cantidades de dinero en este momento y esperar a que el sentimiento general se vuelva positivo antes de unirse a la bull run cuando comience más adelante”, dijo a Benzinga Arijit Mukherjee,fundador de Yunometa, un mercado de NFT. “Ahora mismo, también es importante investigar y elegir los tokens correctos en lugar de unirse a la manada en busca de dinero rápido”.

Una tendencia bajista obvia

Jenny Zheng, líder de desarrollo comercial de NFTen Bybit, dijo que era muy obvio que actualmente se está produciendo una tendencia a la baja y que, históricamente, ha habido 200 semanas de negociación lateral antes de que el precio rompiera al alza.

“Lo que hemos visto esta semana es la ruptura al alza. Pero esto no significa que la tendencia al alza vaya a continuar. Tenemos que tener en cuenta que seguimos en un mercado bajista. Las grandes fluctuaciones de precios son parte integrante de las criptomonedas, y yo no voy a jugármelo todo solo por haber visto un pequeño repunte esta semana”, declara Zheng.

Los mineros abandonan rápidamente sus posiciones de BTC

En particular, un informe de la firma de análisis de blockchain CryptoQuant afirma que los mineros están abandonando rápidamente sus posiciones de Bitcoin, y asegura que, al final de la semana pasada, se habían transferido 14.000 Bitcoin valorados en más de 300 millones de dólares desde carteras pertenecientes a mineros en un solo periodo de 24 horas.

En las últimas semanas, los mineros se han deshecho la mayor cantidad de Bitcoin desde enero de 2021.

Un alza temporal

“Según los patrones de precios históricos, el mercado aún se encuentra en la trayectoria bajista que comenzó en mayo. El repunte de dos semanas es solo temporal. No estamos ni cerca de un mercado alcista”, dijo Philip Verrien,líder de proyectos en Pollen DeFi.

Según Anndy Lian, asesor digital jefe de la Mongolian Productivity Organization, no hay forma de detener un mercado bajista, ya que forma parte de un ciclo financiero.

“Durante la semana pasada, vimos un planteamiento de trading alcista y de pronto todo el mundo empezó a decir emocionado que los toros habían vuelto. No es nada realista y es una idea equivocada de los inversores más inexpertos”, explicó Lian.

El coautor de “Blockchain Revolution 2030” añadió que los mercados bajistas son sinónimo de subidas momentáneas de precios y que cuatro de los últimos seis meses han sido negativos para los mercados de criptomonedas, lo que indica que la tendencia bajista continúa.

 

 

Original Source: https://es.finance.yahoo.com/noticias/criptomonedas-superan-capitalizaci%C3%B3n-mercado-1b-123300624.html

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
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Cryptocurrency market back above $1 trillion in market capitalisation

Cryptocurrency market back above $1 trillion in market capitalisation

However, experts say it is premature to call this the start of a bull run because the bear markets are synonymous with momentary price upswings

The global cryptocurrency market crossed $1 trillion in market capitalisation in the past 24 hours, bringing relief to investors and raising hopes about the start of a bull run.

Strong buying interest in Bitcoin (BTC), the world’s largest digital currency, took it well above $22,700, while Ethereum (ETH), the second most valuable crypto, crossed $1,600, lifting the entire crypto market by about 5 percent in the past 24 hours.

After a crash in prices over the past several weeks, the market capitalisation of the crypto market stood at $1.01 trillion for the first time since June 13. BTC’s market capitalisation was $420 billion, while ETH had a market cap of $120 billion, with $20 billion added in the past 24 hours alone.
ETH is up by 54 percent over the past month, according to data from CoinGecko, an independent cryptocurrency data aggregator. The gains are on account of the much-awaited “merge” upgrade, which will take ETH from its current state as a proof-of-work (PoW) blockchain to an energy-efficient proof-of-stake (PoS) network in September, also dubbed as “Ethereum 2.0.” The asset had dipped below $1,000 less than a week ago.

No bull run, yet

According to experts, while there are signs of a revival in the crypto market, it would be premature to call it a bull run.

“There are no supporting headwinds to support the rally, with most factors that led to the crypto winter still in place. Investors can add small amounts of money at this point and wait for overall sentiment to turn positive before joining in the bull-run when it begins later on,” Arijit Mukherjee, founder of Yunometa, an NFT marketplace, told Benzinga.

“What we have seen this week is the break upwards. But this does not mean that the upward trend will continue,” said Jenny Zheng, NFT business development lead at Bybit. “We have to bear in mind that we are still in the bear market. The wild price fluctuations are part and parcel of the crypto. I will not go all in just because I see a small jump this week.”

The best-selling author added that bear markets are synonymous with momentary price upswings and that four of the last six months have been negative for crypto markets, signalling that the bear trend continues.

“Based on historical price patterns, the market is still in a bear channel, which started back in May. The two-week upswing is just temporary. This is no way near a bull run,” said Philip Verrien, project lead at Pollen DeFi.

 

Original Source: https://www.moneycontrol.com/news/business/cryptocurrency/cryptocurrency-market-back-above-1-trillion-in-market-capitalisation-8854361.html

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Cryptos Cross $1 Trillion In Market Cap: Is The Bull Run On?

Cryptos Cross $1 Trillion In Market Cap: Is The Bull Run On?

After a dramatic crash in prices over the last several weeks, the cryptocurrency market has crossed the $1 trillion mark in market capitalization, bringing relief to investors and raising optimism about the start of a bull run.

Strong Buying With Volumes Strong buying interest in the world’s largest digital currency Bitcoin (CRYPTO: BTC) catapulted its prices well above the $22,700 mark, while prices of the second most valuable crypto Ethereum (CRYPTO: ETH) crossed the $1,600 mark, lifting the entire crypto market by about 5% in the last 24 hours.

The market capitalization of the crypto market stands at $1.01 trillion, a level seen last on June 13.

While Bitcoin’s market capitalization stands at $420 billion, Ethereum is sitting at a total market cap of $120 billion, with $20 billion having been added in the last 24 hours alone.

Ethereum Up 54% In One Month According to data from CoinGecko, Ethereum is up by an impressive 54% over the last month, on the back of its much-anticipated merge from its current state as a proof-of-work (PoW) blockchain to an energy-efficient proof-of-stake (PoS) network in September this year, also dubbed as “Ethereum 2.0.”

The asset had dipped below $1,000 less than a week ago.

According to experts, while there are signs of a revival in the overall crypto market, it would be premature to call it a bull run.

Premature To Say Bull Run Has Started “For one, there are no supporting headwinds to support the rally with most factors that led to the crypto winter still in place. Investors can add small amounts of money at this point and wait for overall sentiment to turn positive before joining in the bull run when it begins later on,” Arijit Mukherjee, founder of Yunometa, an NFT marketplace, told Benzinga. “It is also important to research and pick the right tokens at this point rather than just join the herd in search of a quick buck.”

Downtrend Obvious Jenny Zheng, NFT business development lead at Bybit, said it was very obvious that a downward trend is currently underway and that historically, there have been 200 weeks of sideways trading before a price break upwards.

“What we have seen this week is the break upwards. But this does not mean that the upward trend will continue. We have to bear in mind that we are still in the bear market. The wild price fluctuations are part and parcel of the crypto, I will not go all in just because I see a small jump this week,” Zheng says.

Miners Rapidly Exiting BTC Positions Notably, a report from blockchain analytics firm CryptoQuant states that miners are rapidly exiting their Bitcoin positions, with 14,000 Bitcoin, worth more than $300 million, transferred out of wallets belonging to miners in a single 24-hour period at the end of last week.

In the last few weeks, miners have offloaded the largest amount of Bitcoin since January 2021.

Upswing Temporary “Based on the historical price patterns, the market is still in a bear channel, which started back in May. The two-week upswing is just temporary. This is no way near a bull run,” Philip Verrien, project lead at Pollen DeFi, said.

According to Anndy Lian, chief digital advisor to the Mongolian Productivity Organization, there is no way to stop a bear market, which is a part of a financial cycle.

“In the last week, we saw a bullish knife-catching trade setup, and everyone was excited saying that bulls are back. This is totally not realistic and a misconception of naive investors,” Lian said.

The co-author of “Blockchain Revolution 2030” added that bear markets are synonymous with momentary price upswings and that four of the last six months have been negative for crypto markets, signaling that the bear trend continues.

 

 

 

 

Original Source: https://uk.investing.com/news/cryptocurrency-news/cryptos-cross-1-trillion-in-market-cap-is-the-bull-run-on-2690227

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j