Ethereum co-founder Anthony Di Iorio says he’s betting on the future of both Cardano and Polkadot.
Di Iorio joined the Ethereum #DevelopmentTeam  soon after meeting Ethereum Founder Vitalik Buterin at an organized Bitcoin conference in 2012. Following his time at Ethereum, De Iorio left to start Decentral, a Toronto-based blockchain company.In a new interview with Anthony Pompliano, when asked about his current crypto portfolio construction, Di Iorio breaks down his investments and why he sees potential in Polkadot and Cardano.

“Now I’ve kind of fallen back to just simplicity. I’m in a number of different projects, but the majority of my stuff is in the top projects. I’m a big fan of Polkadot, I’m a big fan of Cardano. Big fan of Charles, let’s say that. You know, taking some different approaches in the way that they’re doing things, much more on the academic side of what he’s done and bringing stuff forward. Real big fan of Gavin Wood.”Read More

Aave was little changed over the last 24-hours but managed to post minor gains of 2%. Bulls defended $350-support and a 17% retracement to $282 seemed to be avoided. An ADX reading of 11 showed the lack of a strong trend and consolidation was likely within AAVE’s current channel. Once ADX picks up again, a breakdown could push AAVE as low as $209-support but broader market cues would likely dictate such movement.

Decentralized finance (DeFi) protocols have shown resilience after the sharpest dip experienced near mid-May. In the current scenario, Dogecoin and Non-Fungible Tokens (NFTs) are in a craze. However, it is also noteworthy that besides these trending cryptocurrencies, money is also being flooded on another side of the crypto industry. Many have also deemed that the sector is precarious because of its decentralized nature. Still, the entire DeFi sector is rising at a surprising pace.source

Retail investors are no longer the only ones affected when Bitcoin takes a tumble in the market. Institutional traders are pretty deep with the digital asset too, and their market sentiment counts during any cyclic trend shift. Bitcoin right now is oscillating between $35,000-$40,000, but its collapse from ATH  levels was proliferated due to market derivatives. Now, 3 weeks later, it’s worth analyzing how market trends may have shifted with these accredited traders.

CME Bitcoin Futures declining, weak Open Interest
Smart Money is unfazed; Options market is cautious
Volatility drop can restrict movement?

In interviews with CNBC and Bloomberg TV today, the chairman and president of the second-largest Russian bank VTB, Andrey Kostin, stated that Bitcoin is fake money and compared crypto mining technology to the way criminals forged money back in the Middle Ages.

However, he admitted that the launch of CBDC is important and Russia is going to start digital ruble trials soon.Kostin believes that Bitcoin is "fake money" due to the mining process, which he compared to the Middle Ages when craftsmen were able to forge various currencies.
He added that he does not like Bitcoin. However, the Central Bank of Russia is discussing a centralized digital currency. A special team has been tasked with its development.
The head of VTB has shared that, as early as next year, Russia is going to start trialing the digital ruble. However, it may take another couple of years to introduce this CBDC, issued and controlled by the central bank of the country.source

2 junne

hitting bottom at $291, BNB bounced back higher and was now trading at $388. This recovery effort put BNB on a bullish path
BNB breached resistance at $376, price skyrocketed to $388. It tried to breach resistance at $388 in the past couple of hours but failed. However, ADX value at 37 noted that the bullishness was supported by the market. This could help it overcome the resistance and trade higher.

01 June
Visible Range on Dogecoin pointed out a fairly high number of trades placed around $0.302- making this region a critical area to watch out for over the coming days. OBV’s lower highs have indicated selling pressure in the DOGE market, and it would be interesting to see if this is countered at the present support mark. In case of a breakdown, levels mentioned in an earlier analysis may come to light.

However, Squeeze Momentum Indicator noted decreasing bearish momentum over the past few days. The first few green bars followed by white dots would indicate a ‘squeeze release’ and allow for sharper gains.