Trittium — Weekly Report #90

May 10 to May 17

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1.- WHAT DID THE MARKET DO?

18,000 USD million more are invested now into crypto. At the same time, stock markets lost capitalization in most countries. No doubt, this has been an excellent week for crypto.

As we saw last week, the channel continues his way, and this week BTC price grew up.

Now it is tough to know what will Bitcoin do.

We have several reasons to be bullish (halving, USD inflation, sentiment..) and based on a FA analysis Bitcoin was created for these kind os real-life situations.

At the same time, we also have several reasons to be bearish. ($10,500 resistance, Blue trend line top, channel trend line top) and real-world money uses to be scared in this kind of situations.

If we are rejected, we can see Bitcoin at 4,000 USD again. If we break all the commented barriers, we will break a two years trend line, and the sky will be the limit.

We saw seven days ago as dominance should go down. And instead of going down directly it made a small rebound and now looks again to go on into the expected way.

Dominance should go now to this 65% area.

MASTERNODES MARKET

Dash capitalization didn’t change too much. We can see a 3% increment to 718 USD million.

The Dash dominance decreased to 57.53%, around 2 points less.

The total masternode market capitalization is now at 1,247 USD million. (+8%)

If we check today’s data, we have:

Masternodes market 1,247 USD million (+8%)

Masternodes market excluding $Dash: 529 USD million. (+15.5%)

About Trittium market capitalization, we are now at 216,167 USD
(+12.36 %).

With 213,477 nodes running, we lost around 4,000 nodes.

2. WHAT DID TRITTIUM DO?

This was the order book on May 10:

And this is today, May 17:

In summary:

  • The average trade price is similar, around 17 sats.
  • The buy orders book is thinner, with 0.122 BTC in buying orders.
  • The sell orders book is smaller, with 1,176,342 Trtt for sale.
  • We have now 38,650,000 TRTT (29.9%) coins locked, 1,550,000 more than seven days ago.

3. PROJECT PROGRESS.

  • Twitter: 1,227 Followers. (-9)
  • Discord: 7,884 (-86).

PoCoN last week:
Burned: 79,674
Sent to investors: 24,220

  • Trtt total coins burned: 5,615,994 Trtt.
  • Trtt total coins sent to investors: 1,543,034 Trtt.

Burning address: https://chains.trittium.cc/TRTT/address/TRCryptoLifeDotNetBurnAddrXXX6gvik

Rewards address: https://chains.trittium.cc/TRTT/address/TT8AtYfiP1JXHzPRwpWyPK47WiDbV43MJE

4. trttNodes PROGRESS.

Master Win project hosting price for the cold nodes is now reduced to 0.99 € per month.

Keep safe and stay at home.

Thanks for reading!!!!

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Tritium is a revolutionary intermediary platform that allows for fast and easy peer-to-peer loans backed by crypto collateral.

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