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Within the Ethereum ecosystem, we can delineate three primary sectors: DeFi, GameFi, and Staking. While all three sectors have witnessed capital inflows since the onset of the year, the DeFi and GameFi sectors have predominantly experienced significant capital outflows throughout 2022 and 2023.
However, a notable shift has occurred in the GameFi sector this year, marked by substantial inflows commencing in October, coinciding with the activation of our Altcoin Indicator. In contrast, Staking tokens have maintained consistent positive capital inflows, albeit to a lesser extent in absolute terms.
#BTC still consolidating since a week but a new weekly candle closed giving new indications. Weekly candle closed bearish after the 4 consecutive Bullish ones and now made a rejected with the new resistance formed within inside the zone. Retracements are high probable now, lower Timeframe suggest a drop till $50,000.
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Here's the Analysis of #THETA :
#THETA Is been going for a liquidity raid towards the Major Resistance Zone of $1.47 - $1.50. Price is already moving heavily bullish, so not point for getting into shorts until it reached the Resistance. Buys are not clear too, but a retracement up to $1.25 or lower will be good area to look at.
Get in on #DEGO now before it takes off🚀
Defi alts gearing up for a big rally. Jump in now before the breakout😊
#DEGO/USDT BUY/LONG CALL
Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.
Targets: $2.71 - 3.25 - 4.35 - 5.55
Stop if 1D closes below $1.95
#KSM is been giving a break of the triangle pattern and flipping the resistance area too. There's a decent 8.6% range for the scalping. You can attempt some decent buys now, with proper stops below swing low.
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#XRP Analysis :
#XRP hovering around a Major Flip Level of $0.538 - $0.547 and price coming a long way from a downtrend. Price made a flip to bearish to bullish market structure and a Daily Candle closing above the zone will open the room for next resistance around $0.600. So, buys can be taken into account and sells will be risky at this point.
#MDX Don't miss the ride to the moon! 🌕
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Uniswap's latest upgrade has ignited a surge in #DEX altcoins🚀
So If you didn't catch #SUSHI or #UNI, now's your chance to hop on the rocketship with #MDX
#MDX Don't miss the ride to the moon! 🌕
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#MDX/USDT BUY/LONG CALL
Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.
Targets: $0.0799 - 0.098 - 0.115 - 0.150
Stop if 1D closes below $0.0638
#FIDA is #BTC Pairs also followed the plan and made a really quick profit of 12.8%. i hope you took the call and enjoyed the free signals.
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#ETH UPDATE :
#ETH made its easy way towards $2,700 target and fully able to sustain above the support too. Currently, price start sort of range below the physiological level of $3,000. Now eyes on Breakout, as it will decide the next directional move, and overall price is bullish for #ETH.
Here's the Analysis of #KSM :
#KSM given a fakeout over the resistance zone of $46.60 - $41.10 and made a triangle pattern over it. Price also hodling the trendline, showing buyers are interested to break the level. Well, price is middle of nowhere, so wait for the flip of the resistance to go long or break of the trendline to go short.
Bitcoin leads in capital inflows with nearly $20B per month. Ethereum follows, with a lag, indicating investors seek market growth confirmation. Altcoins see capital flows after Ethereum, signaling a slower movement down the risk curve. This trend is repeating in the current market cycle.
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#ACE made it way to break of the Resistance zone and given a candle close. We need to wait for the price to daily candle sustain above it then we can make a continuation buy setup from the zone to all the way till $12.70 and $13.80.
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X Account belonging to #Microstrategy has allegedly been compromised in a phishing scam, resulting in the theft of $440,000.
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#DEGO/BTC BUY/LONG CALL
Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀
Targets:5280 - 6500 - 8500 - 10200 satoshi
Stop if 1D closes below 3900 satoshi
What Is Moloch DAO?
Moloch DAO can refer to the DAO framework, a description of a DAO that uses the framework, or the name of the Ethereum grant-giving DAO that originally created the framework.
Moloch DAO Framework
In contrast to other early DAO frameworks, the Moloch DAO architecture is relatively simple, comprising a single smart contract per DAO, focusing on security, usability, and extensibility.
Its primary features are:
-> Permissioned membership - new members are voted in by existing members
-> Weighted voting - members can have varying governance weights (in contrast to multisigs, where every member has a single vote)
Non-transferrable governance power - voting and economic rights are not liquid
-> Ragequit - members can exit some or all of their membership shares in return for a proportional amount of the assets in the DAO’s treasury
Moloch DAOs take actions in the form of proposals. Once submitted, a proposal must be sponsored by a member of the DAO. Once sponsored, the voting period begins, during which members vote on the proposal according to their shares. A proposal is passed if it receives more share votes in favor than in opposition; there is no quorum requirement.
If the proposal passes, it must go through a grace period before it can be executed. During this period, members who did not vote in favor of the proposal may Ragequit. This offers strong protection for minority members even without a quorum requirement.
Proposals can grant shares to new members (or additional shares to existing members), transfer assets from the DAO treasury to recipients. While proposals cannot interact directly with other smart contracts, Moloch DAOs can do so with the help of special helper smart contracts called Moloch Minions.
-> Stemming from these core features, Moloch DAOs have a number of important properties:
-> Strong minority member protection
-> Security
-> Highly decentralized and distributed power
-> Support for efficient coordination
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN made a clean move to the upside, with the weekly candle close. Price made its way to the resistance zone, and currently, candle its kinda rejecting. Bearish candle close will lead n new resistance formation, so retracement might come. Alternatively, a next week candle closing above the zone will lead in further up move of the price.
#MDX/USDT Time to ride the wave to new heights! 🌊
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What Is Minting?
In the realm of cryptocurrency, minting represents a decentralized process allowing individuals to generate new tokens without the intervention of centralized authorities like governments or banks. This process can yield either non-fungible tokens or crypto coins.
Two Methods of Minting
Cryptocurrency minting can occur through two distinct methods, differing mainly in their procedures while achieving the common goal of creating new coins. One method involves mining, known as the proof-of-work approach, while the other entails staking, known as the proof-of-stake mechanism.
Proof-of-Work: Mining
Proof-of-work entails the mining of coins, which involves validating and storing transactions on a blockchain, a digital public ledger. Miners employ high-powered processors to solve complex mathematical problems, earning cryptocurrency as rewards for their efforts.
Proof-of-Stake: Staking
Proof-of-stake, generally regarded as a more favorable minting method, relies on staking existing cryptocurrency holdings. Users stake a significant amount of cryptocurrency to validate transactions and are chosen randomly to perform this task. The higher the stake, the greater the likelihood of selection.
Stakeholders cannot access the staked amount during the process and risk losing it if they violate rules or provide inaccurate data. Despite the associated risks, stakeholders are motivated by the potential for profit.
Comparison: Mining vs. Staking
Both proof-of-work and proof-of-stake methods result in the creation of new coins, although the term "minting" is commonly associated with staking to differentiate between the two methods. Both minting and mining involve adding new blocks to an existing blockchain.
Minting Non-Fungible Tokens
While mining and staking are used for minting cryptocurrency, minting non-fungible tokens (NFTs) follows a distinct process. NFTs are added to the Ethereum blockchain and serve as digital assets for creators to sell their media files or digital artworks.
To mint an NFT, users require an Ethereum cryptocurrency wallet, which they link to an NFT marketplace like OpenSea. They upload their desired file, pay the creation fee in ETH, and upon verification, a new NFT is minted.
Minting encompasses various methods for creating different types of tokens, with the prevalent usage referring to the creation of new cryptocurrency coins through the proof-of-stake mechanism.
If you missed quick gains in #FIDA
Don’t sleep on #MDX👀
#MDX/BTC BUY/LONG CALL
Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀
Targets: 155 - 185 - 210 - 250 satoshi
Stop if 1D closes below 120 satoshi
As capital flows into major cryptocurrencies, attention turns to its dispersion across the risk spectrum. Emerging Layer-1 ecosystems compete with Ethereum for both innovation and investor capital. We analyze top tokens from Ethereum, Cosmos, Polkadot, and Solana, focusing on weekly changes in aggregate market cap. Solana shows high volatility and notable upside, while Polkadot outperforms Cosmos. Monitoring these trends is crucial for understanding evolving market dynamics and identifying emerging opportunities.
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#FIDA made a really quick move to the upside and made it way to the 1st target of $0.365 which is 11.75% in profits. Secure some and hodl the rest for further targets.
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#BITCOIN DAILY TF UPDATE :
#BITCOIN still consolidating after the rejection from the strong resistance area and moving lower for a wickfill. Price still expected to reacted once at $50,000 and might build up some liquidity underneath it. Now, we can only watch out the market move until a breakout. Also, to note that there's ton of liquidity below $50,000 so there might a wicking/ manipulation too.
What Is a Minnow?
In the English language, “minnow” can refer to a small fish — and a person or organization who is regarded as small or insignificant.
The same concepts apply in the world of cryptocurrencies. A minnow refers to someone who owns a relatively small amount of digital assets. This means that, when they buy or sell their crypto, it’s unlikely to have a substantial impact on the rest of the market.
This is at odds with whales — the term that refers to the very small number of individuals and institutions who hold substantial sums of cryptocurrencies such as Bitcoin. If they decide to sell their holdings, there’s a very real risk that they could affect the spot prices that are seen on exchanges.
In rare cases, even a minnow can have a big impact. Some altcoins have incredibly low trading levels and a dire lack of liquidity, meaning that prices can shift dramatically even after a modest sale.
There’s no exact definition for how much of a crypto investment someone needs to hold in order to count as a minnow. However, research suggests that the vast amount of investors do fall into this category.
Even though the vast majority of addresses on the Bitcoin blockchain hold less than 0.1 BTC, they collectively own just 1% of the BTC that’s currently in circulation.
As Expected, #ACE failed to give any closing below the support and other candle barely giving any close to it. Price just reacted and made it push. Now, if price give a break below of $9.97 or $9.40 then we can anticipate some sells towards the support zone of $7.80.
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