Crypto VIP Signal

09 июля 2024 16:16

USDT holds the top spot with over $112 billion market cap among stablecoins, while USDC takes second place with a market cap of $32 billion.

Crypto VIP Signal

09 июля 2024 13:50

SOL once again dropped to the support area but then rebounded. The market is providing ample time and retests for accumulation. We may witness a move towards the resistance area in the coming days.

Crypto VIP Signal

08 июля 2024 20:43

GRT analysis:

Price is currently trading within the support and resistance area. It's advisable to wait before opening new trades.

Support Area: $0.139-$0.145

Resistance Area: $0.22-$0.233

Crypto VIP Signal

08 июля 2024 15:43

ETH is holding the support area and has tested it again. The price bounced from there, showing strong buying pressure at the support area.

Crypto VIP Signal

08 июля 2024 09:44

Bitcoin has once again dropped below the $57,000 level and is currently trading below it. We will monitor how the price reacts over the next 2-3 days.

Crypto VIP Signal

07 июля 2024 19:52

CAKE ANALYSIS :

CAKE dropping after forming a large Head & Shoulder Pattern and kinda faked out the major support zone of $1.76 - $1.93. It a 35% buy range to the upside and price again attempting to close below the zone. Eyes on closure, as breaking below will lead in $1.00. area.

Crypto VIP Signal

07 июля 2024 15:18

Bitcoin prices are hovering very close to the average cost of production for Bitcoin miners.

This situation could influence mining profitability and potentially impact market dynamics.

Crypto VIP Signal

07 июля 2024 07:28

Bitcoin has managed to break the $57,000 level on its second attempt, which is a positive sign that the market is moving up. It will be interesting to see how the price reacts when the US markets open today. The impact of the market dump is almost over, and the market has returned to levels seen before the panic selling.

Crypto VIP Signal

06 июля 2024 17:02

Market Insight:

Bitcoin ETFs are buying the dip on 5th July as the market tanks hard.

Follow the smart money and keep an eye on these strategic moves.

Crypto VIP Signal

06 июля 2024 14:11

ETH closes the daily candle above the support area, indicating a positive sign. Additionally, ETH has reclaimed the $3000 level, and further upward movement may occur if BTC remains stable.

Crypto VIP Signal

06 июля 2024 08:17

Bitcoin experienced a bounce following a significant drop. However, the price failed to break above $57,000 in its initial attempt. We may witness another test of the resistance area to see if the price can surpass it. If the price breaks and holds above $57,000, it could potentially push towards the $60,000 resistance area.

Resistance Area: $56,500-$57,000

Crypto VIP Signal

05 июля 2024 15:26

Educational Post

What Is Quantitative Tightening (QT)?

Quantitative tightening is a monetary policy tool used by central banks to reduce the amount of money circulating in the economy. This tool is often implemented after a period of quantitative easing, where central banks inject money into the economy to stimulate growth.

During QE, central banks purchase government bonds and other financial assets to increase the money supply and lower interest rates, promoting borrowing and investment. QT is essentially the reverse of this process, aimed at tightening the money supply to prevent overheating in the economy and control inflation.

Goals of Quantitative Tightening

The main goals of QT are:

Controlling inflation: By reducing the money supply, QT helps to cool down an overheating economy and bring inflation under control.

Normalizing monetary policy: After extensive QE, QT aims to return the central bank’s balance sheet to a more typical size and composition.

How Does Quantitative Tightening Work?

Quantitative tightening involves several steps and mechanisms by which central banks reduce the money supply. Here’s how it typically works:

1. Ceasing purchases

The first step in QT is for the central bank to stop purchasing new securities. During QE periods, the central bank buys government bonds and other assets to inject money into the economy. In QT, these purchases are halted.

2. Allowing securities to mature

Central banks hold a variety of financial assets with fixed maturity dates. When these securities mature, the central bank has the option to reinvest the proceeds in new securities (to keep the balance sheet stable) or to stop reinvesting (to effectively remove money from circulation).

In QT, the central bank chooses not to reinvest these proceeds. Instead, it allows the securities to roll off its balance sheet, thereby reducing the money supply gradually.

3. Selling assets

In some cases, central banks may actively sell securities from their portfolios to accelerate the process of QT. By selling these assets, the central bank can more quickly reduce its balance sheet and the overall money supply.

4. Adjusting interest on reserves

Central banks can also use the interest rates paid on reserves as a tool for QT. By increasing the interest rates paid on the money that commercial banks hold at the central bank, commercial banks are more likely to keep their reserves rather than lend them out, which also reduces the money supply.

Crypto VIP Signal

05 июля 2024 12:02

ETH is currently testing a key daily support area. The daily candle needs to close above this support area; otherwise, we may see heavy selling. The next 2-3 days are crucial, so it's better to wait for some time to let the situation settle.

Crypto VIP Signal

05 июля 2024 06:45

Mt. Gox moved Bitcoin, causing panic in the market. This might be a good opportunity to buy the dip as a small recovery rally of 15-30% in altcoins is anticipated.

Crypto VIP Signal

04 июля 2024 20:02

ROSE analysis:

Price is currently trading near a major support area. It is important for ROSE to hold this level; otherwise, we may see a significant sell-off. You can consider opening a small long position at the support area with a tight stop loss.

Support Area: $0.081-$0.084

Resistance Area: $0.102-$0.105

Crypto VIP Signal

09 июля 2024 15:11

The heatmap indicates high liquidity above the $58,000 level, suggesting a potential movement towards this point to access the liquidity. Keep a close watch on the liquidation data.

Crypto VIP Signal

09 июля 2024 09:12

Bitcoin is trading sideways and we may see similar movement for the next couple of days. The market appears to have absorbed the selling pressure and is forming a new structure. The major resistance level is in the $59,500 - $60,000 range.

Crypto VIP Signal

08 июля 2024 17:45

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Crypto VIP Signal

08 июля 2024 11:33

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Crypto VIP Signal

07 июля 2024 21:26

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Crypto VIP Signal

07 июля 2024 16:42

Educational Post

What Is Danksharding?

Derived from the name of Ethereum researcher Dankrad Feist, danksharding introduces a transformative approach to sharding technology. Sharding involves breaking down a blockchain database into smaller, more manageable parts for increased efficiency. Unlike conventional sharding methods, danksharding simplifies the architecture, focusing on a merged market fee concept.

In traditional sharding, each shard has distinct blocks and block proposers. Danksharding streamlines this by having a single block proposer, enhancing transaction processing and data storage efficiency. This innovation addresses the blockchain trilemma by prioritizing security, decentralization, and scalability.

Key Features of Danksharding

1. Merged market fee: Danksharding introduces a unified market fee, streamlining the transaction process by minimizing complexities associated with having multiple block proposers.

2. Optimized data availability: The primary focus of danksharding is to enhance data availability for rollups, a Layer 2 scaling solution on Ethereum. By efficiently managing data, Danksharding significantly improves the network's performance.

3. Simplified sharding architecture: Danksharding simplifies the sharding structure, making it more straightforward and efficient. This approach addresses the challenges posed by the traditional trilemma, fostering a better balance between security, decentralization, and scalability.

Crypto VIP Signal

07 июля 2024 12:14

Once again, SOL dropped below the support area to trigger stop losses and liquidate overleveraged positions. We previously advised accumulating more SOL during the retest. The price is holding the support, which is a positive sign for now.

Crypto VIP Signal

06 июля 2024 20:22

GALA analysis:

Price has tested a major support area and held this level. It is now bouncing from this level, indicating a potential long-position opportunity if it drops back to the support area.

Support Area: $0.0195-$0.0213

Resistance Area: $0.0263-$0.028

Crypto VIP Signal

06 июля 2024 15:51

As we predicted, the market has recovered, and we hope you bought the dip!

Majority of altcoins are showing double-digit gains from the July 5th low. Now's the time to increase your stop loss and hold the trades or book some profit.

Crypto VIP Signal

06 июля 2024 12:06

The TOTAL crypto market cap tested the major support area, and the price is now holding above it. The price needs to hold this support area; otherwise, things will turn worse.

Major Support Area: $2 Trillion

Crypto VIP Signal

05 июля 2024 20:07

RNDR analysis:

The price is currently attempting to maintain the major support area on the daily chart. Let's see where the daily candle closes today. The large wick demonstrates price rejection and potential stop-loss hunting. We'll monitor how the price reacts over the next few days.

Support Area: $6.30-$7.00

Resistance Area: $8.85-$9.45

Crypto VIP Signal

05 июля 2024 13:26

Funding rates are significantly negative, indicating that the market may be approaching a bottom. It's advisable to monitor the price over the next few days.

Crypto VIP Signal

05 июля 2024 08:09

Bitcoin is currently experiencing a downward trend and has been unable to maintain the $56,500 support level. There is a lot market panic due to the Mt. Gox distribution and the sale by the Germany Government. We may observe some sideways movement shortly, and we will have to wait and see how the market responds.

Major Weekly Support Area: $52,000-$53,500

Resistance Area: $56,500-$57,000

Crypto VIP Signal

04 июля 2024 20:29

Tron founder Justin Sun has offered to purchase all Bitcoin held by the German government to minimize the impact on the market. This move is aimed at reducing selling pressure, and it will be interesting to see how BTC reacts.

Crypto VIP Signal

04 июля 2024 13:25

Here’s the Reason for $BTC's Recent Drop in Price:

🚨 BTC Liquidations

- Futures Trades: Futures trades betting on higher prices lost over $230 million in the past 24 hours.

- Liquidations: BTC and ETH-tracked futures saw over $60 million in long liquidations each, while products tracking DOGE, SOL, XRP, and Pepe coin (PEPE) recorded at least $4 million in losses.

🚨 BTC ETF Outflows

- Spot Bitcoin ETFs: U.S. spot bitcoin ETFs saw $20.45 million in net outflows yesterday. Nine funds, including BlackRock’s IBIT, had zero flows.

- Grayscale’s GBTC: Reported daily net outflows of $26.99 million, countered by $6.55 million in net inflows from Fidelity’s FBTC.

- Trading Volume: Recent trading volume of spot bitcoin ETFs is lower than in March when they saw daily volumes of around $8-10 billion. The ETFs have accumulated a total net inflow of $14.62 billion since their January inception.

🚨 Mt. Gox Repayments & Miners Sell-Offs

- Sell Pressure: Fears of sell pressure from Mt. Gox repayments and possible miner sales have also led to Bitcoin dropping below $59,000, with major tokens like ether and Solana's SOL also declining.

- Miner Sales: Miners are still being extremely underpaid, leading to increased selling of their tokens.

🚨 Germany’s Continued Sell-Offs

- Nation-State Holdings: Germany is one of the largest nation-state holders of Bitcoin.

- Government Sales: Over the past few weeks, the German government has transferred large amounts of BTC to exchanges, summing to over 2,700 BTC.

These factors collectively contributed to the recent drop in BTC's price. Stay informed and cautious in the current market conditions.