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New CISA Zero Trust Maturity Model Brings Attention to Encryption … – InvestorsObserver

New CISA Zero Trust Maturity Model Brings Attention to Encryption-in-Use Solutions

HACKENSACK, N.J., May 24, 2023 (GLOBE NEWSWIRE) -- Paperclip, Inc. (OTCMKTS:PCPJ) announces that its Paperclip SAFE solution can help organizations align with the Cybersecurity and Infrastructure Security Agency (CISA) updated Zero Trust Maturity Model released last month. This latest version highlights the importance of the core function of Paperclip SAFE, to encrypt data in use.

Paperclip would like to thank CISA for recognizing the need to encrypt data in use as a critical component of data security, said Mike Bridges, President and COO of Paperclip. It is the first compliance body to recommend this encryption technique to address the vulnerability related to searchable data. Encryption at rest and in motion has been part of basic compliance for years but they do nothing to protect data when you need to search it.

Its time to do more if we want to impact the growing data breach epidemic, Bridges added. I have no doubt that other compliance bodies will follow CISAs lead and recognize that encryption-in-use or searchable data encryption is critical to zero trust, privacy, and ultimately, keeping sensitive data secure.

Paperclip SAFE leverages the foundation of searchable symmetric encryption, patented shredding technology, full AES256 encryption, access controls, data masking and Privacy Enhancing Computation (PEC) to go beyond what companies currently know about data encryption. SAFE is fast, searchable, complex encryption designed for the way data is queried. SAFE ensures that data is always encrypted and out of the threat actors grasp.

Zero trust is an approach where access to data, networks and infrastructure is kept to what is minimally required and the legitimacy of that access must be continuously verified. The Zero Trust Maturity Model version 2 includes four stages of maturity: Traditional, Initial, Advanced, and Optimal. It also lists five key pillars of security: Identity, Devices, Networks, Applications/Workloads, and Data. Encrypting data in use is now listed as an Optimal function under Data Security.

According to CISA, the Zero Trust Maturity Model furthers the federal governments continued progress toward a zero trust approach to cybersecurity. While the Model is specifically intended for federal agencies, CISA recommends that all organizations review this guidance and take steps to advance their progress toward a zero trust model.

There is a growing and shifting cybersecurity market that is being driven by the hacker community, Bridges said. The traditional approach to data security wont work against hackers who are regularly changing their techniques. As a result, organizations and government agencies must think differently and utilize different ways to protect their sensitive data, including new encryption-in-use solutions like Paperclip SAFE.

About CISA As the nations cyber defense agency and national coordinator for critical infrastructure security, the Cybersecurity and Infrastructure Security Agency leads the national effort to understand, manage, and reduce risk to the digital and physical infrastructure Americans rely on every hour of every day.

About Paperclip, Inc. Paperclip is a proven technology partner that continues to revolutionize content and document management, and data security for Fortune 1,000 companies worldwide. Every second of every day, our innovative solutions are securely processing, transcribing, storing, and communicating sensitive content across the internet. Maximizing efficiency to save millions annually, while maintaining absolute security and compliance. For more information, visit paperclip.com .

CONTACT Megan Brandow, Director of Marketing Paperclip, Inc. (585) 727-0983 mbrandow@paperclip.com

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Heres Whats in Store for Pepe, Chainlink, Avalanche and One Additional Altcoin, According to Popular Analyst – The Daily Hodl

A widely followed crypto strategist is predicting whats next for a handful of altcoins, including Pepe (PEPE), Chainlink (LINK) and Avalanche (AVAX).

Analyst Michal van de Poppe tells his 657,100 Twitter followers that crypto bears are still in control of the memecoin Pepe.

Van de Poppe says that Pepes downtrend will likely persist unless bulls reclaim a key price level.

This chart continues the downtrend, which means that every block of resistance is basically an area to short, just like the $0.0000016 area.

Id prefer to see that reclaimed, if you want to long, otherwise short until $0.00000147 and $0.00000115 or even $0.00000085.

At time of writing, Pepe is trading for $0.00000158.

Next up is the decentralized oracle network Chainlink. Van de Poppe believes that LINK is still trading sideways between $6 and $6.85. According to the analyst, a breach of $6.85 will likely trigger bullish momentum for LINK.

Not showing much at this point, slight intraday bounce, but needs continuation through breaking $6.85.

If that takes place, we can start seeing a rally toward range highs again.

Until then, focused on $6 and $5.50 for potential support areas.

At time of writing, LINK is worth $6.49.

Another altcoin on the traders list is the smart contract protocol Avalanche. According to Van de Poppe, AVAX is flashing a bullish signal and could be gearing up for a burst to the upside.

This one is turning into a bullish divergence on higher timeframe support.

Nothing is confirmed as everything is tied to BTC, but reclaiming $14.80 would trigger strong confirmation on the bullish divergence for Avalanche.

At time of writing, AVAX is trading for $14.66.

The last altcoin on the analysts radar is the blockchain-based video-sharing project Verasity (VRA). Van de Poppe says that VRA is approaching a key support level at $0.00395 that could potentially trigger a bounce for the altcoin.

Marked this level months ago as a potential point of interest.

Finally, reached the area, through which longs could be played from here on VRA.

At time of writing, VRA is worth $0.0045.

Generated Image: Midjourney

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Bitcoin & Altcoin Trading Volumes Plunge, What Does It Mean? – Bitcoinist

Data shows the combined trading volume of Bitcoin and the altcoins have hit the lowest value in more than a year. Heres what this may mean.

According to data from the on-chain analytics firm Santiment, the volumes were last at any significant levels back in March of this year. The trading volume is an indicator that measures the daily total amount of a given asset thats being moved around on the blockchain.

When the value of this metric is high, it means the cryptocurrency in question is observing the movement of a high number of coins right now. Such a trend suggests that the investors are actively trading in the market currently.

On the other hand, low values of the indicator can be a sign that there isnt much interest in the asset among the investors at the moment, as they arent taking part in any significant transaction activity on the network.

Now, here is a chart that shows the trend in the 7-day trading volume for some of the largest assets by market cap in the sector over the last year:

As you can see in the above graph, the combined 7-day trading volume of these top assets surged back in March when Bitcoin and other coins had observed a sharp rally out of a local bottom.

Since then, however, the indicator has seen an overall downtrend, and now the metric has hit some pretty low values. This means that during the last seven days, the assets have observed transactions of a very little amount.

The current combined trading volume for these large cap assets is in fact the lowest it has been since more than a year ago. From the chart, its visible that out of these coins, only Bitcoin (highlighted in green) and Ethereum (colored in blue) have any appreciable volumes still left.

The indicators value for the altcoin market has always been pretty low in comparison to Bitcoin and Ethereum, but recently, it has seen the trading volumes really dry up.

Naturally, the current low volumes throughout the top assets might suggest that there isnt much interest in trading cryptocurrencies left among the general investor.

Generally, sharp price action such as a rally or a crash attracts a high number of users to the market because such moves are generally exciting to them. Such moves are also only sustainable if they can continue to bring attention to the cryptocurrency, as a large number of traders are needed to fuel moves of this kind.

Moves that fail to amass any significant attention, however, eventually end up dying out. Because of this reason, the latest low volumes can be a worrying sign for the sustainability of the rally in the prices of Bitcoin and other assets.

At the time of writing, Bitcoin is trading around $27,300, up 1% in the last week.

Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, Santiment.net

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Ethereum (ETH)-Based Altcoin Is One To Watch As Whale Transactions Explode: Santiment – The Daily Hodl

Crypto analytics firm Santiment says whale transactions are soaring for one Ethereum (ETH) altcoin, and its rally may not be over.

The market intelligence firm says that the image-synthesizing ecosystem Render Token (RNDR) is experiencing both high whale transactions and an increase in the number of wallet addresses.

According to Santiment, whale transactions for Render are spiking to their third-highest level this month, which indicates some investors are selling for profits.

However, they say that prior spikes in whale transactions did not result in killing the ongoing rallies at the time.

We need to be cautious of the fact that whale transactions have spiked to its third highest day in the past month, which often is a sign of some profit taking happening. However, we do see on the previous two $100,000+ whale spikes of this size (in red, below), prices actually continued rising.

According to Santiment, a key indicator that Render Token may continue to increase in value is an increasing number of addresses holding the token.

Supporting the theory that this rally isnt over, look at how the key shark and whale RNDR addresses are continuing to rise in terms of their number of addresses. The tan line, representing wallets holding one million to 10 million RNDR, is particularly increasing rapidly. Ninety such addresses are the most in the history of the asset. And if whales were profit-taking, these numbers of addresses likely wouldnt be continuing to rise.

Render Token connects people in need of graphics processing with those whose Graphics Processing Units (GPUs) are idle.

Render is trading for $2.65 at time of writing, down 2.3% during the past 24 hours.

Generated Image: Midjourney

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Ethereum (ETH)-Based Altcoin Is One To Watch As Whale Transactions Explode: Santiment - The Daily Hodl

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US debt ceiling impasse to devastate crypto markets as Bitcoin and Altcoin volumes plummet – FXStreet

The world economy is currently bracing for a terrible blow from the United States. As the Biden administration continues to negotiate with Congress to reach common ground, the stock market sits in a worry of impending doom. This fear is potentially also spreading to the crypto market.

US President Joe Biden and top Republican Kevin McCarthy recently engaged in discussions regarding the debt ceiling on May 22. Both parties are optimistic about reaching common ground to bring an end to the deadlock over the federal debt.

Earlier this week, US Secretary of the Treasury Janet Yellen issued a warning stating that the US debt could default within the next ten days by June 1 if the talks fail to result in a favorable decision. She stated,

"It is highly likely that Treasury will no longer be able to satisfy all of the government's obligations if Congress has not acted to raise or suspend the debt limit by early June, and potentially as early as June 1.

Additionally, Yellen noted that even a last-minute solution must be avoided as it damages the economy at the consumer, business, and government levels.

However, McCarthy, ahead of the meeting, reiterated that while the Republicans and Biden administration still have "disagreements," they will reach a decision soon.

This needs to take place as soon as possible since it would take at least another three days to write down the agreement, read and vote on it.

The global economy is on edge as fears grow over the impending week, with the failure to raise the debt ceiling beyond the current cap of $31.4 trillion potentially leading to a US debt default.

According to a White House report, it was highlighted that a debt default could lead to over 8 million job losses. Unemployment rising by such a huge figure in an instant could negatively impact not only the stock market but the crypto market as well.

The reason behind this is that the US accounts for 10% of the worldwide crypto users. Amounting to 45 million out of the 420 million crypto users, the countrys troubles present a significant threat as crypto users who lose their job could be forced to sell their holdings prematurely.

As it is, the crypto market trading volume is currently running dry, with weekly volumes noting historical lows. Santiment noted that Bitcoin and Ethereum volumes alone combined are observing the second lowest threshold since September 2019.

Crypto market trading volume

For the same reason, Bitcoin price and Ethereum price, along with the rest of the market, have been observing sideways movement for the last few days. Investors are preparing for a move in either direction post-June 1 as the result of the talks would determine profits or losses for crypto asset holders.

BTC/USD 1-day chart

The crypto market is still rooting for the talks to reach a conclusion, as even at the risk of losing some investment, the market would be safe from severe bearishness.

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73% Indian firms were hit by ransomware attack: Causes, encryption rate and more – Times of India

The rate of cyberattacks increased in India in 2022, with 73% of organisations reported that they were a victim of ransomware in 2022, which is up from 57% the previous year, according to a new report.A report by cybersecurity company Sophos said that in 77% of ransomware attacks against surveyed organisations, hackers succeeded in encrypting data. About 44% of victim companies paid the ransom to get their data back a considerable drop from last years rate of 78%.Although dipping slightly from the previous year, the rate of encryption remains high at 77%, which is certainly concerning. Ransomware crews have been refining their methodologies of attack and accelerating their attacks to reduce the time for defenders to disrupt their schemes," said Chester Wisniewski, field CTO, Sophos.The cybersecurity company said that on a global scale, when organisations paid a ransom to decrypt their data, they ended up doubling their recovery costs ($7,50,000 in recovery costs versus $3,75,000 for organisations that used backups to get their data back).Incident costs rise significantly when ransoms are paid. Most victims will not be able to recover all their files by simply buying the encryption keys; they must rebuild and recover from backups as well. Paying ransoms not only enriches criminals, but it also slows incident response and adds cost to an already devastatingly expensive situation, Wisniewski added.Ransomware attack causesWhen Sophos analysed the root cause of ransomware attacks, it found that the most common reason was an exploited vulnerability (involved in 35% of cases), followed by compromised credentials (involved in 33% of cases). Other key global findingsThe report mentioned that in 30% of cases where data was encrypted, data was also stolen, suggesting that the "double dip" method (data encryption and data exfiltration) is becoming commonplace.The education sector reported the highest level of ransomware attacks on a global level, with 79% of higher education organisations and 80% of lower education organisations surveyed reported that they were victims of ransomware.

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Mobile Encryption Market Projected CAGR of 30.3% by 2030 Fueled … – EIN News

global mobile encryption market size was USD 2.35 Billion in 2022 and is expected to register a revenue CAGR of 30.3%

NEW YORK, NY, UNITED STATES , May 24, 2023 /EINPresswire.com/ -- The size of the global Mobile Encryption Market reached USD 2.35 billion in 2022, and it is projected to experience a compound annual growth rate (CAGR) of 30.3% during the forecast period. The market's revenue growth is being propelled by increasing awareness of cyber security threats, the growing adoption of cloud-based platforms across various industries, and advancements in technology.

The demand for mobile encryption solutions is surging due to the rising number of cyber security data breaches and the integration of multiple technologies into mobile devices. As an example, on October 5, 2022, the City of Tucson in Arizona revealed a data breach that affected the personal information of over 123,000 individuals. An attacker infiltrated the city's network and stole an unspecified number of files containing sensitive data, as stated in a notification sent to the affected individuals. The rapid digitization and the prevailing trend of e-banking, online shopping, and cryptocurrency trading further fuel the need for encryption to safeguard personal information from compromise.

Among the recent advancements, blockchain technology stands out. Blockchain has the potential to enhance privacy and accountability in mobile applications, particularly in sectors like healthcare and financial technology (fintech). By adopting blockchain, companies can bolster the security of their mobile apps, giving them a competitive edge. The decentralized architecture offered by blockchain technology is a significant advantage, as any failure at the top level of the hierarchy does not pose critical issues to the entire system. Additionally, mobile banking can undergo significant development through the implementation of blockchain technology. This technology can address fundamental problems related to costs, security, and financial inclusion, which are expected to drive market revenue growth in the coming years.

Get Free Sample PDF (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.reportsanddata.com/download-free-sample/2179

Segments Covered in the Report

The global mobile encryption market can be categorized based on various factors.

By Component Type, the market can be divided into solutions and services. Solutions refer to the software or tools that provide encryption capabilities for mobile devices, while services involve the implementation, support, and maintenance of encryption solutions.

In terms of Deployment Mode, the market can be classified into cloud-based and on-premise solutions. Cloud-based encryption allows for data protection through remote servers, while on-premise encryption involves data protection within the organization's infrastructure.

The market can also be segmented by Application. Disk encryption focuses on securing the entire disk or storage device, while file or folder encryption aims to protect specific files or folders. Cloud encryption involves securing data stored in cloud platforms, and communication encryption focuses on protecting data transmitted over networks.

Furthermore, the market can be categorized by Organization Size, distinguishing between Small and Medium Enterprises (SMEs) and Large Enterprises.

Access Full Report Description with Research Methodology and Table of Contents @ https://www.reportsanddata.com/report-detail/mobile-encryption-market

Strategic development:

The mobile encryption market is witnessing strategic developments that are shaping its landscape. Companies operating in this market are implementing various strategies to gain a competitive edge and expand their market presence.

One prominent strategic development is the focus on research and development (R&D) activities. Market players are investing in R&D to enhance their encryption solutions and services, keeping up with the evolving cyber security threats and technological advancements. By continuously innovating and improving their offerings, companies can cater to the increasing demand for robust mobile encryption solutions.

Partnerships and collaborations are also playing a crucial role in the strategic development of the mobile encryption market. Companies are forming strategic alliances with technology providers, security experts, and industry stakeholders to leverage their expertise and resources. These partnerships enable them to offer comprehensive encryption solutions that address the specific needs and requirements of different sectors and organizations.

Market players are also emphasizing mergers and acquisitions (M&A) as a strategic approach. Through M&A activities, companies can expand their product portfolios, acquire new technologies, and gain access to a wider customer base. This enables them to strengthen their market position and accelerate their growth in the competitive landscape of mobile encryption.

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Competitive Landscape:

Huawei Technologies Co., Ltd., International Business Machines (IBM) Corporation, Dell Inc., Hewlett Packard Enterprise Development LP, Oracle Corporation, Intel Corporation, Simspace Corporation, Sophos Ltd., BlackBerry Limited, and McAfee, LLC.

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How To Choose The Right Altcoin To Invest In: A Comprehensive … – Blockchain Magazine

May 24, 2023 by Diana Ambolis

18

With the rise of cryptocurrencies, altcoins have emerged as alternative investment options to Bitcoin. Altcoins, short for alternative coins, encompass a vast array of digital currencies beyond the realm of Bitcoin. Choosing the right altcoin to invest in requires careful consideration and research. This article aims to provide a comprehensive guide to help you navigate

With the rise of cryptocurrencies, altcoins have emerged as alternative investment options to Bitcoin. Altcoins, short for alternative coins, encompass a vast array of digital currencies beyond the realm of Bitcoin. Choosing the right altcoin to invest in requires careful consideration and research. This article aims to provide a comprehensive guide to help you navigate the altcoin market and make informed investment decisions.

Choosing the right altcoin to invest in requires thorough research, critical analysis, and a clear understanding of your investment goals. Consider the altcoins purpose, team, technology, market capitalization, historical performance, and risks. Conduct fundamental and technical analysis, and remain informed about the ever-changing cryptocurrency landscape. With careful consideration and diligence, you can increase your chances of finding a promising altcoin investment that aligns with your objectives. Remember, investing in altcoins carries risks, and it is crucial to seek professional financial advice when necessary.

Also, read How Bitcoin Educates Us About Finance And Economy For Better Investment

Here are the top 10 altcoins to invest in, based on factors such as market capitalization, price history, and technological innovation:

It is important to note that altcoins are a risky investment. The cryptocurrency market is volatile and prices can fluctuate wildly. Before investing in any altcoin, it is important to do your own research and understand the risks involved.

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Altcoin Markets Plummet as the Sandbox Dominates – Blockchain Reporter

Todays market session has been rather bearish today with the global market cap recording a decrease of 1.8% within a day of trading to take the total cap to $1.10T. Bitcoin (BTC) the crypto king is also having a rather volatile session with the asset recording a 2.15% within a day of trading as it now faces more resistance at the $27K level.

Trading at $26.2K, BTC had also seen a 3.8% loss in valuation for the week as of press time. Bitcoins market cap stood at $508,526,381,364 as of the writing as bears struggle for dominance of the market.

BTCs volatility levels are however narrowing down as the assets volatility levels continue to drop further as the Bollinger bands now move closer to each other. The relative strength index is also moving below its average line signaling a bearish trend on Bitcoin as the MACD also moves in the negative region, serving as another indicator of a bullish trend.

Ethereum (ETH) is also having a tough session as the asset also lost 2.5% in valuation as of todays early trading session. ETH, now trading at $1780, faces new resistance at the $1.8K level with the asset sitting on a 2% weekly drop as well. ETH has a current market cap of $214,173,965,088 according to CoinMarketCap data.

Other altcoins are also having a tough session with Cardano (ADA), Dogecoin (DOGE), and Ripple (XRP), all recording losses of 1% within a day of trading as Solana (SOL), Polygon (MATIC) and Tron (TRX), all recorded losses of less than 1% within a day of trade. Litecoin (LTC) is again sitting on massive drops of 4% within a day as the asset now sits on a 9% weekly drop.

The Sandbox (SAND) as however defied todays bear market, recording a surge of 4.4% within the same period to trade at $0.518. The asset had a total market cap of $959,829,436 during press time.

On todays trending list, ARPA, coming in at 5th is making headlines after recording a 4.8% gain within 24 hours to take its price to $0.1033 as of press time. The asset is also sitting on a 112% weekly gain as the monthly gain stood at a remarkable 164%.

Samoyedcoin (SAMO) has also had a remarkable start today as the asset boasts a 215% price increase within 24 hours to trade at $0.009324 as it ranked 9th on the trending assets list.

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ANKR Price Prediction Can the altcoin rebound after March? – AMBCrypto News

Crypto-infrastructure provider Ankr has seen major investments and partnerships over the last few months. Hence, evaluating its utility token via an ANKR price prediction is crucial for gauging recent and potential price performance for long-term holders.

One of Ankrs products, the RPC (Remote Procedure Call) endpoint, saw massive investments from Binance Labs in 2022. In fact, it is powering several startups.

So, how has ANKR faired throughout Q1 and the first half of Q2? What should long-term holders expect in Q2? Lets find some answers from the daily charts.

Read Ankr [ANKR] Price Prediction 2023-24

On the daily chart, ANKR recorded mixed performances in Q1 2023. Between January and late February, ANKR rallied by over 250%, rising from $0.01535 on 1 January to $0.05750 on 21 February. The upswing saw it retest its August 2022 levels. However, it wavered towards the end of Q1.

Extrapolated to its quarterly performance, ANKR gave over 120% gains to investors in Q1 2023. The plunge in late February/early March followed Bitcoins [BTC] drop from $25k to $20k over the same period.

So far in Q2 2023, the price has remained below $0.04000, with considerable price rejection seen at $0.03830. Overall, a huge chunk of value gained in Q1 2023 has been cleared.

ANKRs price action plateaued around March lows of $0.02550. This level also lines up with a bullish order block (OB) and support zone of $0.02428 $0.02788 (cyan).

Using the Fibonacci retracement tool, placed between December/January lows and Q1 highs, there are two key support levels to watch out for if sellers extend their gains in the next coming days/weeks.

The first support level that could offer refuge for bulls lay at $0.02000 The November plunge following the FTX saga eased at this level. The second likely support is the December/January lows of $0.01500.

How much is 1,10,100 ANKRs worth today?

A retest of these supports could be feasible if sellers seek more gains and crack the prevailing support zone of 0.02428 $0.02788 (cyan).

Conversely, ANKR could see recovery if the bulls continue to defend the current support zone. If BTC reclaims upper price zones, $28k and $29k, ANKR could rally from the March lows and retest $0.03830 or close above it.

However, the 38.2% ($0.03098) and 50% ($0.03605) Fib levels are key obstacles to consider for such a likely uptrend.

Meanwhile, the RSI (Relative Strength Index) has stayed below a neutral level since the second half of April Highlighting limited demand for the tokens. However, CMF (Chaikin Money Flow) saw considerable fluctuations in the same period Capital inflows wavered.

Now that Q1 saw exemplary gains while Q2 seems on the edge unless BTC reverses recent losses, whats the current state of mid/long-term ANKR holders? Well, Santiments MVRV (Market Value to Realized Value) metric could offer some clues.

Some ANKR long-term holders took a market cut in late February. However, quarterly holders sustained about 19% losses as of press time, as shown by the negative 90-day MVRV.

Similarly, bi-annual holders were at a loss, sustaining about -10% as shown by 180-day MVRV. This shows that bi-annual holders sustained fewer losses than quarterly holders.

Is your portfolio green? Check out the ANKR Profit Calculator

Annual holders followed bi-annual holders closely, posting about 11% losses as of press time. Put differently, the bi-annual holders category performed better than quarterly and annual holders as of press time.

Nevertheless, each holder category must contend with prevailing short-term selling pressure. According to Coinalyze, the aggregated CVD (Cumulative Volume Delta) spot has tanked significantly since mid-April.

It reinforces a bearish sentiment as it shows sellers leverage, which could dent overall Q2 performance if the trend persists in the coming months.

Ankrs massive partnerships across web3 and crypto-space saw its utility token, ANKR, post over 120% gains in Q1. The impressive performance was also marked by favorable macro-conditions.

However, macro-headwinds have intensified in Q2, with BTC fluctuations hammering ANKRs price performance. If BTCs whipsawing persists, ANKR could post more losses towards the end of Q2.

Nevertheless, bi-annual ANKR holders seem to be weathering the selling pressure better than quarterly and annual holders.

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