Monday June 5, 2023

Your Weekly Update On All Things Crypto

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TL;DR

CryptoWeekly, Official Media Partner of Blockchain Futurist, August 15th-16th in Toronto
Amazon And Meta Shares Now Less Stable Than Bitcoin
Self Custody Skyrockets While ETH Fees Drastically Decrease
SEC Lawsuit May End Soon as XRP Experiences Historic Address Activity
Bitcoin (-3%) May Face Short Term Sell-Off as RSI Inverts
Ethereum (-1%)

MACRO NEWS

CryptoWeekly, Official Media of Blockchain Futurist, August 15th-16th in Toronto

The conference is set to be the largest event of its kind and will serve as a platform for exploring the future possibilities and advancements in blockchain technology. It brings together experts in the fields of Web3, crypto, DeFi, GameFi, NFTs, DAOs, the metaverse, and more.

Amazon And Meta Shares Now Less Stable Than Bitcoin...

Currently, Apple shares and gold are considered more stable investment options than Bitcoin. However, the infamous price volatility of the flagship crypto has decreased significantly compared to its historical average, with an annualized rate of 32% compared to the previous average of 71%.

Self Custody Skyrockets While ETH Fees Drastically Decrease...

Aligned with the prevailing sentiment in the broader cryptomarket, the price of Ethereum (ETH) has experienced a temporary halt, but the decrease in network fees suggests a reason for optimism. The lower fees create a more convenient and practical environment, making it easier for users to engage with the Ethereum network.

SEC Lawsuit May End Soon As XRP Experiences Historic Address Activity...

The XRP network has recently experienced two significant surges in address activity, marking a positive trend for the digital currency. These record setting spikes were identified by blockchain analytics platform Santiment.

INDUSTRY EVENTS

August 15th-16th, 2023.

Use our promo code WEEKLY30 to get 30% off upon signing up at .

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TECHNICAL ANALYSIS

Bitcoin (-3%) May Face Short Term Selloff as RSI Inverts

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Ethereum (+6%) Strong Weekly Close After Finding Support at 50-Week Moving Average

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.