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What Is Loan-to-value (LTV)?
LTV is the ratio of the loan's value to the value of collateral. In a typical financial market, credit scores determine the risk involved in a loan. The lower the credit score, the higher the risk for lenders. Instead of credit scores, the crypto lending process offers asset-backed loans.
Loan to value (LTV) determines the amount of cryptocurrency one would need as collateral before one could get a loan. The lender holds on to this collateral until the loan is fully paid back.
The main benefit of LTV in crypto lending is that it helps minimize the risk on the lender's part. The user also benefits from LTV in that they can access larger loans at lesser interest rates.
How to Calculate LTV?
Case 1: When borrowing a crypto-backed loan, you calculate the loan-to-value (LTV) as follows:
LTV = Loan Amount/ Market value of collateral
Your LTV would be 50% if you borrowed $5,000 and deposited $10,000 worth of bitcoin. However, if the value of bitcoin fell, your collateral's value would decrease, increasing your ratio. To get your loan back to its original LTV ratio, if your LTV rises too high, you might need to put up extra collateral.
Case 2: Once your loan is active, you can continue to monitor your LTV using the following formula:
LTV = Outstanding balance/ Market value of collateral
#LDO has successfully maintained the crucial support zone on the daily timeframe, with the daily candle closing above this significant level. Traders may consider cautiously initiating a small long position, implementing a tight stop-loss strategy, and adhering to effective risk management practices. There is a potential for a minor upward move in the near term.
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Here's the Analysis of #THETA :
#THETA is been formed a Head and Shoulder Pattern which is a reversal pattern but still stuck lower below the Strong Resistance Zone of $1.03 - $1.05. Price formed the minor support zone nearby $0.96 and if its break below the zone then we can go with the shorting opportunities and buys only after the break and close above the resistance area.
At the time, A large divergence was in play between the two, with a significant dominance towards coins being dormant, inactive, and illiquid.
This year we see the first signs of a potential closing of this divergence, a notable increase across all measures of “Active Supply”. This provides confluence with the aforementioned uptick in older coin spending.
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, still attempting its way to breakout of the key resistance area but looks kinda rejecting it now. If this weekly candle closed below then we can expected some deeper retracements until days gives any closing above $45,000. Daily Market Structure is also bullish, so both scenario have higher probability to play out, so eyes on Weekly Closing.
What Is LMD GHOST?
LMD GHOST plays a crucial role in the popular Ethereum network. But what exactly does this consensus method do? And why does it matter? Let’s break it down in plain language.
LMD GHOST (aka the GHOST Protocol) is a fork-choice rule that allows the nodes in a blockchain network to reach an agreement on the valid state of the ledger. It prevents disputes over which transactions are legitimate. The protocol uses a multi-step voting process by nodes to pick the “heaviest” or most legit new block. This weighted selection aims for faster consensus than other methods. It also enhances security against attacks meant to corrupt the ledger.
How Does LMD GHOST Work?
LMD Ghost is a fork choice rule used in Ethereum's consensus protocol. It stands for "Latest Message-Driven GHOST" and is an extension of the GHOST protocol. Here's how it works:
1. Start at the justified block, which is the last block that has been finalized by the network.
2. Compare every child of the justified block to choose the best one. The "best" block is the one with the highest score.
3. Scores are calculated based on the number of blocks that reference the block in question. The more blocks that reference a block, the higher its score.
4. Repeat this process recursively until a single block is chosen as the head of the chain.
LMD Ghost is designed to be more efficient than other fork choice rules, such as the Longest Chain rule, by taking into account the entire block tree instead of just the longest chain. It is also used in conjunction with the Casper finality gadget to provide finality guarantees for blocks.
#MULTI gave a breakout of the triangle pattern but it the breakout was pretty slow. Price made a range and gave a strong break, which could be sign, also made a retest now. Now hopefully, this might go wit the momentum towards the resistance zone.
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Here's the Analysis of #FET :
#FET is been flipped below the major support zone turned it into the major resistance now of $0.56 - $0.60. Currently, price already testing the zone and a rejection is expected and can be taken a good selling opportunity for sells. Take it after a rejection with medium risk only.
#MULTI is been formed a support after being rejected high from the resistance and kinda forming a triangle pattern. Now, eyes on Breakout as on the both side we have enough range of 25% - 30% move, so wait for the H4 strong closing to happen.
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🚀 Countdown Alert! Less than 4 hours until CVIP Launches on XT.com! 🌐💫
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🚀 Listing Price: $0.10
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Here's the Analysis of #JTO :
#JTO is been selling off from the major resistance zone of $2.78 - $83 and reach a strong flip level (Blue Zone) of $1.81 - $1.85. Wait for the daily candle to close before entering any setups. Shorts only after a H4 candle giving a break and close below. Price broke the trendline too, so a break below for shorting will high probable.
What Is a Liquidity Bootstrapping Pool (LBP)?
Liquidity bootstrapping pools (LBPs) are also known as configurable rights pools or smart pools. A smart pool essentially is a contract that manages a core pool that contains tokens to be used on an exchange. Unlike other shared pools, smart pool controllers have the power to change the specifications of the pool in limited ways. Hence, a smart pool is less trustless than a shared pool but at the same time, does not require the entire trust of a private pool.
The main inspiration behind an LBP is the ability to launch tokens with low capital requirements. To achieve this, a two-token pool is set up with a project and a collateral token. The weights are then set in favor of the project token (at first). Over time, a gradual flip occurs where the collateral coin is favored by the end of the token sale. Controllers can calibrate the sale to keep the price relatively stable to maximize revenue or can decline the price to the desired minimum (e.g. the initial coin offering price).
Another unique configuration of LBPs is the ability to pause swapping whenever needed. A pool controller may want to do this for a variety of reasons such as strong, unexpected demand driving up the token price or people selling tokens back to the pool for profit instead of buying them. When there is no incentive for a whale to profit from a “rug pull” or a similar technique that leads to instant price volatility, this allows for more fluid price discovery for the token. Despite the power to disable swapping, it’s quite rare since the pool operator is incentivized to leave swapping fully enabled as the main goal of a token sale is to sell tokens.
To use a hypothetical scenario, say a new project wants to hold a token sale while at the same time, build deep liquidity. They can do this by enabling a custom weight/ratio and also the ability to set a fee charged by the pool. This is ideal for distributing new tokens since the LBP controller only needs to provide the new tokens and a small portion of a second asset (e.g. DAI) to start the pool and initiate distribution. Since the parameters are set in a way that releases tokens slowly with changing weights, whales are forced to split their trades into separate, small traders over a longer period of time. Thus, making it easier for everyone else to get in during the course of the sale.
In some cases, whales may decide to wait until the very end of an LBP to buy large positions which then causes the price to pump quickly. However, due to the restrictions of the LBP, a rug pull event is near impossible, hence protecting the value of the token after the pump as the token price initially increases but continues to trickle downwards over time. This process continues until all tokens are sold and the token is evenly distributed effectively.
LBPs are a great solution for those who want to get tokens into the hands of a user base without the limitations of a rapidly increasing price curve. LBP represents the future of fundraising for small projects struggling with liquidity. Unless people buy the tokens faster than the price decreases, then it’s an efficient way to ensure maximum distribution.
#RLC made a break below of the support zone and the small uptrend channel too. Price gave a break and retest of the resistance and dropped a bit. Well, price is again up there for shorting, take it accordingly, with minor risk.
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Here's the Analysis of #FET :
FET is been moving between the Major Support Zone of $0.56 -$0.60 and Major Resistance Zone of $0.71 - $0.75. Well, price is moving in a very corrective manner and expected a bounce from here but Market structure on Daily and H4 TF moving bearish, so better wait for the buys.
#TOTAL MARKET CAP UPDATE :
Total MarketCap moved a anticipated, Index dipped down into the support zone and rejected it strongly, also, Made a quick flip above the structural resistance zone now. Currently, a retest happening and need to see it hodling above the zone then a min-term rally in the market. In case of Daily again closing below then a short correction will hit the market again.
The largest increase in liveliness since the Dec-2022 capitulation event. This again supports the above analysis, denoting an increase in Coinday Destruction as some investors part ways with a portion of their long-held coins.
However, when viewed in a macro context, Liveliness remains near multi-year lows, suggesting that the dominant majority of the supply remains tightly held, arguably waiting for higher spot prices, or perhaps increased volatility as a motivator to spend.
#BTC made a weekly closing with the rejection and as per our daily analysis price is expected back to retest the major support zone and the probability of breaking/ deeper retracement is increased. Looking into the H4 TF, its going same, as expected a range, so have a eye on retest now.
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How Does LMD GHOST Deal With Attacks?
One potential attack risk is a “balancing attack” meant to split consensus between two competing versions of the ledger. To prevent balancing attacks, the Ethereum developers modified LMD GHOST to incentivize confirming only one fork. The changes ensure nodes bet on a single chain to continue building new blocks. This modification has successfully protected Ethereum from major balancing attacks thus far. Ongoing monitoring and tweaks to LMD GHOST aim to head off any future attacks that threaten consensus.
Does LMD GHOST Bring Fast Performance?
By design, LMD GHOST offers superior performance and scalability compared to previous consensus methods. It allows Ethereum to handle far faster transaction speeds and higher throughput than Bitcoin. However, the surge in Ethereum adoption has also revealed limitations in LMD GHOST’s capabilities. Congestion and high gas fees frequently bog down the network. More refinements to the protocol are needed to fully realize its potential.
Different Between LMD GHOST and Ethereum GHOST Protocol
The Ghost protocol is the basis for LMD Ghost. LMD Ghost is a fork choice rule used in Ethereum's consensus protocol. LMD GHOST provides strong protection against tampering and revision of Ethereum’s transaction records. Its multi-step voting process makes it difficult for attackers to override consensus. The major security concern is its vulnerability to balancing attacks. However, the preventative changes implemented have proven effective so far. Additional mechanisms to disincentives and penalize such attacks could offer even greater protection.
Does LMD GHOST Bring Benefits Beyond Ethereum?
LMD GHOST has the ability to broadly benefit blockchain technology. The voting approach it pioneered enables faster and more decentralized consensus. These advantages could enhance transaction speeds, efficiency and participation in other public blockchains should they implement an LMD GHOST-style protocol. A more inclusive consensus aligns with the democratic spirit of cryptocurrency. Of course, LMD GHOST itself requires further upgrades to maximize those benefits.
#FET made a retest back to the resistance zone, and made a drop around 5% in favor. Daily Candle already pushing down and no signs of market structure shift, so try to trail the stops after candle closure. TP would be around the next support zone of $0.49.
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Here's the Analysis of #LDO :
#LDO is been approaching the major support zone of $2.62 - $2.69 and forming a Head & Shoulder Pattern. Price already formed the bearish market structure, so expected the break below of the zone. Right now, nothing can be done here, wait for the price to reach either reject the zone (only of Daily TF) or break of the support zone.
Amidst market fluctuations and sell-the-news events, long-term #BTC holders remain composed. Supply Last Active metrics show a slight decrease in older supply movement, but overall, the majority of holders stand resilient, approaching all-time highs in held supply percentages across various age bands.
🔴 1+ Years Ago: 69.9%
🟠 2+ Years Ago: 56.7%
🟢 3+ Years Ago: 43.8%
🔵 5+ Years Ago: 31.5%
#BITCOIN DAILY TF UPDATE :
#BITCOIN gave a close below of the support area, cleared out the liquidity resting below it. Price made it way from the support zone of $38,000, and shifted the market structure to the bullish now. Price did made a pullback now and expected to print a new higher high. On H4 TF, is a mess now, ranging alot, so Daily closure will be important below $42,000 or $45,000 for the next directional move.
The significant redemptions taking place from the Grayscale GBTC product as a closed end trust fund, GBTC amassed an extraordinary 661.7K #BTC in early 2021, as traders sought to close the NAV premium arbitrage.
After many years of trading at a severe NAV discount (with a very high 2% fee), conversion to a spot ETF has triggered significant a re-balancing event. Around ~115.6k BTC have been redeemed from the GBTC ETF since conversion, creating significant market headwinds.
#ZRX reached the perfect level which was anticipated (Major Support). Price tested and Major Level and now reacting for it. I hope you got into buys and trail Stops with moving price. Market structure is still bearish, so keep the lots small.
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#BTC pushing as per the plan and kinda slow now, price now reached the Resistance Formed on Daily and will act as the obstacle for it. Therefore, price is still expected to reach the major resistance and continue the range. Monthly, closing already done and its constitutive bullish for 5 months now, so eyes on weekly closing now.
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Don’t miss this chance to get #CVIP here 🚀
XT.com is going to launch #CVIP tomorrow at 13:00 UTC and guess what❓ They have set the opening price on XT exchange at 0.1$ That means you can still grab #CVIP at a bargain price
#CVIP have Partnership with Binance listed project #NULS and #DGB
Also they indicated regarding 10% supply burn and Tier1 #Cex listing on the way👍
Plus, #CVIP has many exciting collaboration’s coming up it will surely skyrocket in future 🚀
Buy and Hold for massive profits:
PANCAKESWAP - https://pancakeswap.finance/swap?outputCurrency=0xe5a46bf898ce7583b612e5d168073ff773d7857e
MEXC - https://www.mexc.com/exchange/CVIP_USDT
a heightened level of resilience can be noted across our current cycle, with corrections from the local high remaining relatively shallow. The largest drawdown thus far has been -20.1% set in August 2023.
This insight becomes increasingly pronounced when we count the proportion of days which traded at a deeper correction by comparison:
🟠 Genesis to 2011: 164-of-294 days (55.7%)
🔴 2011 to 2013: 352-of-741 days (47.5%)
🔵 2015 to 2017: 222-of-1066 days (20.8%)
🟢 2018 to 2021: 514-of-1056 days (48.7%)
#BTC goes with the 2nd scenario, tries to push from the structural level but dropped back to wards the major support zone. Now, price is anticipated to push higher and move back to up the structural resistance zone and major resistance zone too around $45,000.
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Benefits vs Risk in LSD
Benefits of Liquid Staking Derivatives
The benefits of liquid staking derivatives are numerous. For one, they offer users greater flexibility and liquidity than traditional staking, allowing them to participate in other DeFi applications concurrently. Liquid staking derivatives also make staking more accessible to a wider range of users, as they eliminate the need for technical know-how and minimize the barriers to entry. Additionally, they can potentially increase the value of staked assets, as the derivatives themselves may have value on secondary markets.
Risks of Liquid Staking Derivatives
While liquid staking derivatives offer many advantages, they also come with their own set of risks. One of the most significant risks is the potential for smart contract bugs or security breaches, which could lead to the loss of staked assets or derivatives.
Additionally, there is the risk of impermanent loss when providing liquidity to such pools, as the value of the derivatives may fluctuate relative to the underlying assets. As with any DeFi investment, it's important to conduct due diligence and carefully consider the risks before investing in liquid staking derivatives.
#SUPER gave a break above of the resistance but daily ended being a rejection. Now, expected a clear move down till Strong Support Zone of $0.49 - $0.51. Shorts can be taken with the retest of the structural resistance.
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