What’s up? Welcome to Tokenize Weekly Roundup
Tokenize Xchange will meet you right here with the week’s most important crypto news. Crypto moves fast, but we’ll help you stay on top of the latest trends and explain why they matter. Also, don’t miss any updates regarding our latest features, events, and community activities.
🚀Crypto Leaderboard
📣 Product Update:
ETHFI Deposits and Withdrawals Are Officially Available
Kindly note that withdrawals and deposits for ETHFI will be fully opened on our platform starting from 26th August 2024. Now users can seamlessly trade ETHFI tokens with Tokenize accounts.
Reopening of FET Token on Tokenize Xchange
Starting 28th August 2024, 10:00 AM SGT, FET trading will officially reopen on Tokenize Xchange.
Users now can buy FET instantly in SGD and USD:
🗞 Crypto News Recap: The Top 3 Stories
1/ Aave V3 is on Era Mainnet: A Strategic Move for DeFi
Aave, a leading decentralized finance (DeFi) protocol, has announced its integration with the Era mainnet, powered by ZKsync. This strategic move aims to leverage Era’s capabilities to enhance Aave’s scalability, efficiency, and user experience.
2/ Stablecoin Market Cap Surges to New All-Time High
The stablecoin market has reached a significant milestone, surpassing its all-time high in early 2022. This surge indicates a growing confidence in the stability and utility of these digital assets, cementing their position as essential components of the cryptocurrency ecosystem.
3/ Bitcoin Breaks Below $59,000, Crypto Market Faces Pressure
The cryptocurrency market has experienced a downturn, with Bitcoin (BTC) again dipping below the $59,000 mark today, amid a broader crypto market plunge. In the past 24 hours, BTC has been down by 6,61% to $58,809, according to the Tokenize Xchange Market Price Page. Ether saw a bigger drop of around 9.11% to trade at $2,444.
📚 Crypto Academy: New Knowledge Every Week
1/ 7 Intermediate Technical Analysis Strategies | Moving Average and Price Momentum
We’ll cover strategies that involve moving averages and momentum indicators. Remember that while technical analysis can seem clear after the fact, it often gives false signals. To improve accuracy, confirm each signal with multiple indicators and other types of analysis
2/ Trading guide for cryptocurrency: 5 Advanced Technical Analysis Investing Strategies
We’ll build on earlier concepts with more complex calculations. Remember, technical analysis can seem obvious in hindsight but often gives false signals, so always confirm with multiple indicators and other analysis methods.
3/ Trading Guide for Cryptocurrency: Unconventional Crypto Trading Strategies
This sixth article in our series explores unconventional crypto investing strategies. Each strategy follows its own reasoning, carries distinct risks and rewards, and presents unique opportunities. Whether you’re seeking to capitalize on market inefficiencies, leverage complex trading algorithms, or explore niche market trends, these strategies provide alternative avenues for those looking to diversify their crypto portfolios.
Read the previous parts of our investing and trading guide series HERE
📚 Technical Analysis
Weekly Bitcoin (BTC) Technical Analysis (Aug 26th ~ Sep 1st, 2024)
In conducting a comprehensive analysis, various factors such as trading volume, market sentiment, and support and resistance levels are considered to thoroughly understand the market conditions.
💎Build your Crypto Portfolio
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