Crypto VIP Signal

19 июля 2023 14:25

The price bounced from the support level. There is a small resistance line and the price is unable to break above this. Increase the stop loss to the breakeven point and hold the position.

Crypto VIP Signal

19 июля 2023 08:10

Bitcoin tested the support area and was able to hold this level. BTC is respecting this range on every support and resistance level. Tight stop loss is recommended in all open positions.

Crypto VIP Signal

18 июля 2023 16:35

Educational Post

What is Seed Phrase?

A seed phrase is a collection of words that can be used to access your cryptocurrency wallet.

You’ll often hear the terms mnemonic seed or mnemonic phrase used to describe the same idea. Some believe that these are poor descriptors, however, as they imply that the phrase needs to be memorized.

Introduced in Bitcoin with BIP39, seed phrases provide users with an easier way of backing up their wallets.

If ever you lose access to your wallet, these can be loaded into any BIP32-compatible wallet to recover your funds. There are 2048 words on the BIP39 wordlist, meaning that a string of 12 words would have 128 bits of security. This means that an attacker would need to perform 2128 operations to guess a 12-word seed. It may look like a small number, but it certainly isn’t. It’s practically infeasible for even the most well-resourced attackers to crack this sequence. The longer the seed, the more secure it is.

Seed phrases – as opposed to private-keys – leave less room for human error when it comes to backups, as they're easier to record and transmit. Better still, they’re capable of generating not just one, but a colossal amount of keys from a master one. This allows users to avoid address reuse as, with a single seed, they can create a seemingly infinite number of receiving addresses.

Seed phrases are not cryptocurrency-specific. They can be used across hundreds, so that one seed can actually be used to recover an entire portfolio of coins and tokens. The majority of leading wallets allow the user to recover their funds with a seed phrase, provided they have correctly recorded it.

Crypto VIP Signal

18 июля 2023 14:26

ENJ broke the small triangle and now testing the resistance area. Wait for a breakout above the resistance are for new long entries. We may see a good move after the breakout.

Crypto VIP Signal

18 июля 2023 08:00

The trading range continues and there is no movement. Bitcoin has been in a tight range from the last 4 weeks. A big move is coming anytime so be prepared and don't overleverage.

Crypto VIP Signal

17 июля 2023 15:16

Educational Post

Secure Asset Fund for Users (SAFU)

The Secure Asset Fund for Users (SAFU) is an emergency fund that was established by Binance in July 2018 to protect users' funds. When the fund was established, Binance committed a percentage of trading fees in order to grow it to a sizable level to safeguard users.

The Secure Asset Fund was valued at US$1 billion based on the opening price on January 29, 2022. The value of the fund will fluctuate based on the market. The SAFU fund wallets comprise BNB, BTC, USDT, and TUSD.

SAFU wallet addresses:
•BTC: 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
• BNB and USDT (BEP20): 0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa
• TUSD (ERC20): 0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa

The origin of SAFU

During unscheduled maintenance, Changpeng Zhao (CZ), the Binance CEO, tweeted out to users stating: “Funds are safe”

After this, the phrase "Funds are safe" became regularly used by CZ to ensure users were aware that their funds were, in fact, safe.

In 2018, a content creator named Bizonacci uploaded a video on YouTube titled “Funds Are Safu”. It quickly spread and became a viral meme. Since then, the community began using the phrase "Funds are SAFU."

Crypto VIP Signal

17 июля 2023 11:10

BNB again tried to break the resistance area but was rejected from there. There is no clear breakout above the resistance which means bears are in control. A break above the resistance will bring positive sentiment in BNB.

Crypto VIP Signal

17 июля 2023 05:57

The market is stagnant and not moving a single bit. Price keeps testing the resistance area but no luck yet. Tight stop loss is recommended. We may see some move today when US markets open.

Crypto VIP Signal

16 июля 2023 19:23

IOTA analysis:

Price is now testing the major resistance of the $0.195-$0.203 area. There is also the downtrend line of the triangle. If the price is rejected from here then we see a move toward the local support of $0.177-$0.178 area. Wait for a clear breakout above the resistance area for new long entries.

Crypto VIP Signal

16 июля 2023 11:18

Following the Blackrock #Bitcoin  ETF request announcement on June 15th, the share of Bitcoin supply held/traded by US entities has experienced a notable uptick, marking a potential inflection point in supply dominance if the trend is sustained.

Crypto VIP Signal

16 июля 2023 08:48

BTC hodling above the range/ support after the strong rejection and might the range continue. On HTF, the price is on a strong resistance area, which making price consolidate. Use tight stops in any position, as its on support and might breakout.

Crypto VIP Signal

15 июля 2023 15:54

Educational Post

What is a Nonce?

A nonce refers to a number or value that can only be used once. Nonces are often used on authentication protocols and cryptographic hash functions. In the context of blockchain technology, a nonce refers to a pseudo-random number that is utilized as a counter during the process of mining.

For instance, Bitcoin miners need to try and guess a valid nonce as they perform multiple attempts to calculate a block hash that meets certain requirements (i.e., that starts with a certain number of zeros). When competing to mine a new block, the first miner to find a nonce that results in a valid block hash is granted the right to add the next block into the blockchain - and is rewarded for doing so.

In other words, the process of mining consists of miners performing a myriad of hash functions with many different nonce values until a valid output is produced. If the hashing output of a miner falls below the predetermined threshold, the block is considered valid and is added to the blockchain. If the output is not valid, the miner keeps trying with different nonce values. When a new block is successfully mined and validated, the process starts over.

Crypto VIP Signal

15 июля 2023 10:23

The countdown til the next Bitcoin  Halving event marches ever closer, now an estimated 282 days away.

The upcoming Halving will reduce the Block Subsidy (issuance per block) from 6.25 BTC to 3.125 BTC.

Crypto VIP Signal

14 июля 2023 21:37

https://telegra.ph/DeeLance-IDO-on-Bounce-Finance--IDO-Overview-07-13

Crypto VIP Signal

14 июля 2023 19:13

Our signal had 300k USDT in volume with but due to wrapped token selection we faced double selling pressure which coused rapid decline in price during 2nd and 3rd minute and we were not able to hit our target today but still a lot traders participated on our call on #WSIENNA as it climbed the 'Top Gainers' list, resulting in some good profits for members and we're glad everyone participated.

Crypto VIP Signal

19 июля 2023 11:02

Binance Earn System Maintenance Notice (2023-07-20)

https://www.binance.com/en/support/announcement/2c77643fd6fa4370938d6559a8980bc5

Crypto VIP Signal

18 июля 2023 19:45

ARB Analysis :

ARB moving up with the big uptrend channel pattern and made a small range. Price is on the way to break the range and the support zone too. The support is at $1.242 - $1.279. If daily candle closes below the zone, then shorting will be high probable setup. So wait for the Daily Candle closure.

Crypto VIP Signal

18 июля 2023 15:06

Binance Burning 1.99 Million BNB Tokens Worth $619M, Price Recovery Ahead?

https://coingape.com/binance-burning-1-99-million-bnb-tokens-worth-619m-price-recovery-ahead/?utm_source=Crypto+VIP&utm_medium=telegram

Crypto VIP Signal

18 июля 2023 10:43

The digital asset market continues to see remarkably little volatility, with the classic 20-day Bollinger Bands experiencing an extreme squeeze.

A price range of just 4.2% separates the upper and lower Bollinger bands, making this is the quietest #Bitcoin  market since the lull in early January.

Crypto VIP Signal

17 июля 2023 19:47

C98 analysis:

Price is respecting the small uptrend line. Price need to hold above the $0.145-$0.15 area and you can open small long positions here. We may see a move toward the $0.177-$0.184 resistance area.

Crypto VIP Signal

17 июля 2023 13:15

The price drops to the $0.77 local support level and bounced from there. We hope you opened long positions and gave more than 20% profit. Price also breaks the $0.87 resistance level and now retesting it. If you missed the long positions then you can open a small long position here with tight stop loss. Also, increase the stop loss in $0.77 level long positions.

Crypto VIP Signal

17 июля 2023 06:41

Notice that #Celsius started selling altcoins. Try to not open long positions in these coins.

1.27M $LINK ($8.5M), 2.83M $SNX ($7.84M), 12,597 $BNB ($3M), 4.45M 1INCH ($2.26M), 8.53M $ZRX ($1.9M), and 439K $FTX ($713K) were transferred to #FalconX.

And 186,149 $BONE ($235K) was deposited into #OKEx.

Crypto VIP Signal

17 июля 2023 05:31

Binance Completes Integration of Bitcoin (BTC) on Lightning Network, Opens Deposits and Withdrawals

https://www.binance.com/en/support/announcement/eefbfae2c0ae472d9e1e36f1a30bf340

Crypto VIP Signal

16 июля 2023 13:56

Educational Post

What do you mean by “REKT”?

The term rekt derives from the word "wrecked." In general, rekt is a slang used to define something that got completely destroyed or a person that experienced a catastrophic failure. However, the term may carry different meanings depending on the context.

In the world of blockchain and cryptocurrencies, rekt is used to describe a severe financial loss, caused by a bad trade or investment. To illustrate, let’s suppose Alice is trading on margin and opens a big leveraged long position. If the market goes down and she gets liquidated, we may say "Alice got rekt." So, rekt is often used to describe someone that got liquidated after losing a high-leveraged trade.

The slang may also describe an asset that lost too much of its value or a market that dropped significantly (e.g., "this coin is rekt," or "the market is rekt").

Taking another example, imagine that Bob made a heavy investment on a cryptocurrency token through an ICO. But when the token finally hit the market, they were trading at a much lower price than Bob paid during the ICO crowd sale. In such a scenario, we may say that the token got rekt, which resulted in Bob and all bagholders getting rekt as well.

Within the online gaming community, the term rekt is usually describing a player (or team) that was defeated in an embarrassing or silly way. Or someone that is losing very badly in a competition. But, the oldest use of the slang is perhaps the one originally found in British English, where rekt was used when referring to a person that got too drunk or messed up.

Crypto VIP Signal

16 июля 2023 10:58

AGIX is been tried to push higher and gave a breakout which turned it into the fakeout. Price reverse back into entry area, took you out at breakeven. A potential drop to the support zone at $0.226 - $0.233. Its a range now so wait for a breakout.

Crypto VIP Signal

15 июля 2023 19:11

FIDA analysis:

Price is rejected from the resistance area and unable to close a candle above the $0.27 level. The local support is $0.239-$242 area and we may see a test of this level.

Crypto VIP Signal

15 июля 2023 13:20

The TOTAL marketcap broke the resistance area and the price retested it. We may see a move toward the $1.30 Trillion resistance area soon. We may see a continuation of the upward movement in altcoins for the next 2-3 days.

Crypto VIP Signal

15 июля 2023 07:25

Bitcoin is unable to close a candle above the resistance area. Price is again rejected from the resistance line and back in the trading range. BTC is able to hold the $30,000 support level and this is the only good news. Keep tight stop loss in all open long positions.

Crypto VIP Signal

14 июля 2023 19:52

DEGO analysis:

Price is trading in the uptrend channel and now testing the resistance area. If the price is able to break the $1.65 resistance area then we see a move toward the upper resistance line of the uptrend.

Crypto VIP Signal

14 июля 2023 18:01

We’re going higher!!