Crypto VIP Signal

04 октября 2024 13:24

Educational Post

What Are Cross-Chain Bridges?

Cross-chain bridges, also known as blockchain bridges, are mechanisms that enable the movement of assets and information between different blockchain networks. These bridges facilitate interoperability and connectivity between different networks that may use different protocols and consensus mechanisms or have distinct functionalities that otherwise wouldn't be able to communicate with each other directly.

Why Are Bridges Important?

Bridges are crucial in addressing one of the most significant challenges in the crypto space – the lack of interoperability between different blockchain networks.

Each blockchain operates independently with its own unique set of rules, making it difficult to communicate and interact across networks. By connecting different blockchains, bridges enable the movement of tokens across chains and thereby enhance liquidity. This is particularly valuable in the decentralized finance (DeFi) ecosystem, where liquidity is crucial for the functionality of DeFi applications.

Types of Cross-Chain Bridges

There are several types of blockchain bridges. One common type is federated bridges, which employ a group of trusted entities to approve the transfer of assets across blockchains. Another is relay bridges, which relay information between different blockchains and often use special blockchain networks to provide shared security and enable interoperability between different chains.

Other types of cross-chain bridges include sidechain bridges and wrapped token bridges, each designed to address specific use cases and requirements. Regardless of their specific design, all bridges aim to enable the movement of digital assets across blockchain networks.

Risks of Cross-Chain Bridges

Blockchain bridges, while beneficial for a variety of reasons, also come with drawbacks. Blockchain bridges can have vulnerabilities and be exploited by attackers to steal large amounts of cryptocurrency.

Another potential technical limitation is transaction bottlenecks. A single chain’s throughput capacity limitations could affect overall capacity, creating a bottleneck for larger-scale blockchains.

Crypto VIP Signal

04 октября 2024 07:08

Bitcoin is maintaining the support area, indicating a positive sign. A potential bounce may occur, as it seems that the market has absorbed the impact of the war news.

Crypto VIP Signal

03 октября 2024 14:04

Key Bitcoin Support Levels 🔸

Based on on-chain data, the most significant support zones are:

1️⃣ $61,101 (1.83% of total BTC moved)
2️⃣ $60,365 (2.01% of total BTC moved)
3️⃣ $59,630 (1.29% of total BTC moved)
4️⃣ $58,892 (1.35% of total BTC moved)

Keep an eye on these levels for potential strong support!

Crypto VIP Signal

02 октября 2024 20:01

ACH analysis:

The price has been rejected from the resistance area several times. This means it's currently a no-trade zone. We are waiting for a clear break above the resistance area or a test of the support area for new entries. Let's see how the price reacts in the coming days.

Support Area: $0.0153-$0.0163

Resistance Area: $0.022-$0.0231

Crypto VIP Signal

02 октября 2024 09:49

We will only post announcement for 10k USDT Giveaway for our Active user's once this POLL reach 10k votes🔥

Vote and Stay tuned🚀✌️

Crypto VIP Signal

01 октября 2024 19:55

XAI analysis:

Price is plummeting after testing the resistance area, heading towards the support area where buy orders can be placed.

Support Area: $0.17-$0.18

Resistance Area: $0.243-$0.258

Crypto VIP Signal

01 октября 2024 14:36

SHIB analysis:

Price is currently consolidating after a strong rally. Consider purchasing SHIB near the support level for a potential uptrend continuation after a retest.

Support Area: $0.0000157-$0.0000161

Resistance Area: $0.000020-$0.000022

Crypto VIP Signal

01 октября 2024 09:18

Bitcoin has failed to hold the key support area and is now trading below it. The price is heading for a retest of the level, and it’s crucial to see if BTC can reclaim it. If Bitcoin fails to reclaim the support, we could see further downward movement ahead.

Crypto VIP Signal

30 сентября 2024 19:32

AXL analysis:

Price is currently trading within a range bounded by a support and resistance area. It is advisable to refrain from trading in this zone and wait for a more favorable setup.

Support Area: $0.456-$0.482

Resistance Area: $0.77-$0.805

Crypto VIP Signal

30 сентября 2024 15:09

Historically, September has been a rough month for Bitcoin.

BUT… when September is bullish, October is even more explosive! 🚀

- CZ is free
- Rate cuts are coming
- FTX repayments are in motion
- It's an election year

The stars are aligning for a massive Q4 rally!

Crypto VIP Signal

30 сентября 2024 07:28

Bitcoin has reached the lowest point of the support area and has created a wick below it, potentially to liquidate overleveraged positions. It's important for the price to hold this support area. If the support is broken, it could lead to more selling and send the price towards the $62,000 level. It's advisable to maintain tight stop-loss levels in all open positions.

Crypto VIP Signal

29 сентября 2024 15:06

The amount of Bitcoin on exchanges continues to decline, signaling a reduction in selling pressure as more holders choose to move their BTC off platforms. This trend often indicates growing confidence among investors and could be a bullish sign for long-term price stability.

Crypto VIP Signal

29 сентября 2024 10:19

Bitcoin is currently retesting the zone after the breakout. The price needs to hold the support area to remain bullish. We may see some movement on Monday when global markets open.

Support Area: $64,500-$65,300

Crypto VIP Signal

28 сентября 2024 19:41

ACA analysis:

The price is currently trading within a triangle pattern, and the breakout from this pattern will determine the next market move. Consider opening a long position when the price tests the local support area. If the breakout occurs, we could see a move towards the resistance line of the triangle.

Local Support Area: $0.0636-$0.066

Resistance Area: $0.077-$0.078

Crypto VIP Signal

28 сентября 2024 14:21

FLOKI is performing well, with a long position yielding a peak profit of over 36%. Consider taking some profit or maintaining the position with a trailing stop loss. The resistance area remains unchanged.

Crypto VIP Signal

04 октября 2024 11:01

XAI followed the plan and tested the support area as expected. We already gave a signal to buy at the support area. You can hold the position with a stop loss. The support and resistance levels remain the same.

Crypto VIP Signal

03 октября 2024 20:26

ORDI analysis:

Price is approaching the support area, making it a good zone for new entries. There may be a liquidity grab at the support, followed by a bounce.

Support Area: $26-$28

Resistance Area: $0.375-$0.40

Crypto VIP Signal

03 октября 2024 10:38

Bitcoin is once again testing the support area. Let's see how the price reacts. This is a crucial point, and a break below $60,000 will trigger heavy selling.

Crypto VIP Signal

02 октября 2024 12:35

BTC Short-Term Holder Support Levels:

🔵 STH Realized Price (< 1 week): $64.4K
🔴 STH Realized Price (< 1 month): $61.7K
🟢 STH Realized Price (Overall): $62.7K

🐂 Bullish: Spot holds support above STH realized price.
🐻 Bearish: Loss of STH support (< 1 month) at $61.7K.

Keep an eye on these key levels for potential market moves!

Crypto VIP Signal

02 октября 2024 08:01

Bitcoin experienced a sharp drop due to the war news but managed to hold the $60,000 support level and bounce back. The local resistance is in the $62,000-$62,500 range.

Crypto VIP Signal

01 октября 2024 19:13

Bitcoin is experiencing a sharp decline as news breaks that Iran has launched missiles on Israel. This escalation is causing a major sell-off across global markets, and crypto is no exception. Exercise caution and use tight stop losses on all open positions to manage risk. Stay alert.

Crypto VIP Signal

01 октября 2024 12:36

ACA dropped to the local support area and bounced as expected. If you opened a long position, it's time to increase your stop loss to secure profits. We may see a move toward the resistance area of the triangle in the coming days.

Crypto VIP Signal

30 сентября 2024 22:22

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Crypto VIP Signal

30 сентября 2024 16:11

Educational Post

What is Bitcoin Core?

Bitcoin Core is the leading implementation of the software enabling users to interact with the Bitcoin network. It is not owned by any single business or organization but is instead updated and reviewed by a community of worldwide developers.

The software was initially released by Satoshi Nakamoto (under the name Bitcoin), only to be later renamed to Bitcoin Core to avoid any confusion.


What does it do?

By running the Bitcoin Core code, a user effectively acts as a node on the network. They can independently verify the validity of blocks received, as well as transactions sent by other users. This keeps miners in check and means that the user needs not trust anyone (such as a wallet provider) to display the correct view of the blockchain.

Bundled into the software is a wallet. Users can use this directly from within the application, or tether external wallets to their node to validate received transactions.


Should I run Bitcoin Core?

Users that frequently transact in Bitcoin should consider running a node to enjoy the various privacy and security benefits. A typical software wallet (one that does not interface with the user’s node) queries third-party servers for the user’s balance.

This practice can be of some concern, as it allows the server to tie the user’s balance to their IP address. The third party can reasonably infer that the user owns the public addresses they ask about.

In a similar vein, total reliance on a block explorer is dangerous from a transparency standpoint. As users have only a single point of reference for their balances, it is easy for the server to transmit false information to them.

Crypto VIP Signal

30 сентября 2024 10:39

The TOTAL cryptocurrency market cap continues to rise after the retest. The overall market is bullish, and we may see a move towards the $2.50 trillion resistance area in the coming weeks.

Crypto VIP Signal

29 сентября 2024 19:57

DATA analysis:

The price has been rejected from the resistance area and is now trading below it. We may see another test of the resistance area, and we should observe how the price reacts there. This is currently not a good trading zone, and it's better to wait for some time before considering new entries.

Resistance Area: $0.0485-$0.0518

Crypto VIP Signal

29 сентября 2024 12:46

SUPER has reached the resistance area and it seems to have been rejected in the first attempt. This is why we are waiting for a clear breakout in the area. We may see a test of the local support area now, and you can open a long position there.

Local Support Area: $0.99-$1.01

Resistance Area: $1.11-$1.16

Crypto VIP Signal

29 сентября 2024 08:26

CZ is back and we will see some action in the coming weeks.

Crypto VIP Signal

28 сентября 2024 16:17

Bitcoin's daily transaction volume has reached an impressive $46.4 billion, surpassing the volumes processed by traditional giants like Visa and Mastercard, according to analysts at Glassnode. This milestone highlights the growing adoption and utility of Bitcoin in global transactions.

Crypto VIP Signal

28 сентября 2024 12:06

HBAR has broken the resistance area and is now retesting this level. You can open a long position at the support area with a tight stop loss. We may see a move towards the resistance area in the coming days.

Support Area: $0.0586-$0.062

Resistance Area: $0.0778-$0.0796