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HODL & Wait!

Email sent: May 19, 2021 10:43am
Buy At Dip For Traders? 
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Buy At Dip For Traders?

 
 
 

Hey Folks,

For a few weeks Crypto market has been on pump & dump. But today the market seems to be facing a severe crash with Bitcoin hitting below $40,000 the worst ever dump since 2017. Along with its dump, Bitcoin has also pulled down major Altcoins. But this is the time that we need to be patient & HODL!

Today’s coinpedia report is all about Bitcoin, Cardano, XRP, and DeFi


#1 Bitcoin Price Slumps Below $40,000

The Bitcoin bull run seems to have halted and flipped into a bearish divergence as the bears have taken complete control of the market. The BTC price that experienced a couple of drastic pull back, mainly due to Elon Musk, slumped to the lowest levels since the first week of February. Is $30k on its way?

#2 Cardano Investors Rise!
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As the asset’s rally continues, the number of millionaire investors in the Cardano cryptocurrency ADA has increased by at least 13 fold in 2021 alone. According to data from crypto intelligence platform CoinMetrics, wallets holding ADA with a value of at least $1 million increased by 1,231 percent from 504 to 6,710 between January 1 and May 17, 2021.

#3 XRP Price Poised To Hit $2?

XRP price trended in a very narrow range in the past week and awaited for a major push that could uplift the price to the next levels. Despite a couple of steep pull backs, the price sustained strongly above $1.2 levels. Will the price hit $2?


#4 Will DeFi Emerge in 2021?

SmartContracter, a cryptocurrency researcher and influencer on social media, has announced that he is now “basically all in'' on decentralized finance (Defi) tokens and Ethereum, with “literally 0 BTC.” SmartContracter has stated several times on Twitter that he believes we are entering a “DeFi Summer,” in which decentralised finance tokens outperform the rest of the sector.

#5 What Future does NFts Hold?

What is NFT? & How does it exactly work or created? Does it have any real use cases? Are these questions in your mind as well? Then you're at the right place. Watch to find out.

#6 Blockchain Is The Future!

"Blockchain, a necessary technology to earn the trust of the future generation." But how? Watch an insightful discussion on how Blockchain will lead us towards a promising future and its use cases.


Are you a newbie in the Crypto space and get confused with the reading? Here is a complete guide to help you with


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Regards

Team Coinpedia

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