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Quality information is always free, this crypto analyst proves it!

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Now that Bitcoin has lost 84%  of its value, the crypto space has seen it all. From the crackdown of regulatory bodies of shady ICOs to large corporations like Fidelity starting their own cryptocurrency projects. During this bear market, we have seen some of the most promising projects go silent, we have also lost some of the biggest Youtube and twitter influencers.

Capitulation is the perfect word to describe the current market condition. Capitulation means to surrender or to give up. In financial circles, this term is used to indicate the point when investors give up on trying to recapture lost gains as a result of falling asset prices, and exit, selling at a loss.  This is what’s happening currently. An example is the daily decrease of Telegram followers in most of the projects’ Telegram groups. There has also been a dramatic decline in the volume of cryptocurrencies traded per day.

However, there are still those who understand the core fundamental values of blockchain and can see the potential that cryptocurrencies hold. They see the long term viability of this space and are here to hodl till the next bull run, but are also to out to capitalise from the daily and weekly movements in the market.

‘As long as there is volatility, there’s money to be made’, says Harsh Vardhan Roy, a technical analyst who has been doing T.A on Bitcoin and other ALT coins since early 2018. He runs his own telegram channel: “The Crypto Everything” @cryptoeverything where he posts his analysis and price chart on Bitcoin, as well as important fundamental news which has the power to move the markets. Coming from a Forex background, he sees a big opportunity in cryptocurrencies and shares this analysis at no charge.

Youtuber, Crypto Rich, also follows Harsh and regularly shares Harsh’s analysis with his 17000+ subscribers on his channel. Rich has said that he has been following Harsh’s technical analysis of Bitcoin for some time and marvels at how accurate and spot on Harsh has been, predicting moves before they happen through his reading of the charts.

There are many more analysts who are sharing their analysis via their social media platforms.  As well as quality analysis, it is important to have good Risk/Reward strategies, and proper money management to ensure mistakes of the last bull run are not repeated come the next bull run.

Despite the bear market, a considerable amount of investment has taken place, infrastructure is being built, and the foundations are being laid so that when the next bull run comes, those that have hodled, held and prepared will be well set for momentous returns.

For more details, join the Crypto Everything Telegram channel.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Altcoins

Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming

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Singapore, Singapore, 26th February, 2021, // ChainWire //

Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming

Unifi Protocol announces the launch of Unifi Farms. The most revolutionary part of Unifi Farms is there is no staking of the liquidity token required. The public beta launch of Unifi Farms V1 will take place on not one, not two, but six different blockchains at once. 

Unifi is proud to announce the upcoming public beta launch of Unifi Farms V1 on Binance Smart Chain!

Unifi Protocol is not a clone of other DeFi projects, which has led to some very unique innovations.  Unifi Farms will continue this tradition of shattering expectations and introducing features on Unifi Farms not being offered anywhere else in DeFi!   

Unifi Farms will have several advantages over old-fashioned DeFi farms.  The one that will likely be the most revolutionary with Unifi Farms is there is no staking of the liquidity token required! Welcome to the world of true auto-farming on Unifi, where we refer to it as No-Stake Farming.

Why is farming without staking so revolutionary?

Savings! Everyone agrees the high network fees on Ethereum have a large impact on the farming rewards earned by liquidity providers.  Even on low cost networks such as Binance Smart Chain, the network fee is a cost that reduces the benefit of farming. 

To participate in most farms, the user pays at least five network fees.…

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Altcoins

DeFi Wizard Raises $750k from Blockchain Investment Bigshots, to Simplify Multi-chain DeFi Legos

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Bengaluru,, India, 24th February, 2021, // ChainWire //

In order to give shape to their ‘one-click DeFi contracts creation’ dream, Defi Wizard has raised a total of $750,000 from X21 Digital, AU21 Capital, Amsterdam-based TRG Capital, DeltaHub Capital, NGC Ventures, and ExNetwork.

Speaking on latest development Defi wizard founder and CEO, Anand Kamath said: 

“It gives us immense pleasure to announce that our platform, DeFi Wizard has attracted the attention of leading blockchain investors and funds.”

DeFi Wizard aims to help cryptocurrency companies and businesses seamlessly create digital assets, without any hassles, with the objective of becoming an all-in-one token creation platform. 

Investment Usage

This recently concluded fundraising round is an important milestone for Defi Wizard. It will fuel the development of the platform along with operations/maintenance.

Other ways in which Defi wizard will receive assistance is with liquidity bootstrapping for Uniswap listing, alongwith added global and regional promotional efforts to generate awareness for the platform. 

About Defi Wizard

Defi wizard is a dashboard for building DeFi (decentralized finance) smart contracts with a few clicks. It offers real-time programmer analytics and allows users to create smart contracts for ERC20 / BEP20 / EDST, staking, yield farming, governance, cross-chain bridge, gasless relayer baked in.

As per the latest statistics, more than five projects are already using DeFi Wizard’s staking services and more than $100M AUM has been locked through the smart contracts generated through the…

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Altcoins

99Bitcoins takes over the “Dead Coins” project to become the cryptocurrency undertaker

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Singapore, Singapore, 17th February, 2021, // ChainWire //

99Bitcoins, an educational website that maintains a list of Bitcoin obituaries made by the media, has taken over the Dead Coins project as well. This move effectively crowns 99Bitcoins as “The undertaker of the cryptoverse”.

Deadcoins.com was established in late 2017 to document the death of thousands of altcoins that popped up during the cryptocurrency mania of that time. The idea was simple – create a list of coins that have ceased to exist after the hype died down.

A coin can become “dead” due to a variety of reasons such as its development being halted, having no one that uses or trades it, being exposed as a scam and more. While the project was initially maintained only by its founders, it was later outsourced to the cryptocurrency community which was allowed to add their own dead coins.

“I think the dead coins project is a brilliant idea that needs a bit of polishing” says Ofir Beigel, owner and founder of 99Bitcoins. “The fact that anyone can add a dead coin themselves made the list of coins very inaccurate. We’ve spent days going through the complete list and sifted out all of the coins that were buried alive, so to speak. For example, Bitcoin, Tron, Dogecoin and Tether are just some of the coins that were listed when we took…

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