Binance Will Delist IDRT, KP3R, OOKI, UNFI on 2024-11-06
https://www.binance.com/en/support/announcement/043c8407bb904652a428573a50d07e07
Here's the Analysis of #APE :
#APE got a very hard rejection from the major resistance area of $1.73 - $1.78 and reaching towards the flip area of $1.28 -$1.29. Its a flip zone so expecting a bounce from there, and in case from close below, we can see short-term sells going on and take the advantage.
Long-Term Holder supply at unrealized loss is increasing, mainly from coins bought near the $73k ATH that are now passing the 155-day mark. While these unrealized losses indicate financial pressure, Long-Term Holders typically maintain their positions through volatile periods, showing resilience in their investment strategy.
Читать полностью…#BTC rejected hard from the resistance made and dropped lower to liquidity points and approaching towards the strong support zone area. That would be a healthy option for the market to move higher.
Читать полностью…What Is the Taint?
"Taint" in the context of cryptocurrency refers to the degree of association between two Bitcoin addresses based on their transaction history. It measures how closely linked two addresses are by tracking the movement of Bitcoin from one to the other. This can be useful in analyzing whether funds in a specific wallet are connected to a particular address, such as in cases of stolen funds or money laundering.
For example, if Bitcoin is transferred from one address to another, the second address may be considered "tainted" by the first, especially if the first address is linked to illegal activity. Taint analysis helps investigators trace the flow of funds and assess the risk associated with specific addresses.
There are different types of taint, including:
1. Direct Taint: When Bitcoin is transferred directly between two addresses.
2. Shared Taint: When Bitcoin from two addresses is combined in a third address.
3. Proximity Taint: The degree of separation between addresses through a chain of transactions.
Taint analysis can be helpful in anti-money laundering (AML) efforts and blockchain forensics.
#US30 UPDATE :
#US30 goes as per then plan, price retraced and made a new All-Time Highs. Now we've nothing on the left to see the levels then only thing we can observe is the trendline. We can expect a retracement to the trendline and new ATH discovery.
#ARPA Unstoppable Beast💸
Price reached $0.07240🚀
More than 700% quick profits so far with 10X Leverage✌️
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Here's the Analysis of #MEME :
#MEME is been goes into the consolidation range and moving between the Build-up support zone of $0.0087 - $0.0092 & resistance Area of $0.012 - $0.013. Price had a clear break out of the level and retested too, so we can see a move towards the Fiip area at $0.017 - $0.018, which is a 36% trading range.
#ARPA/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: $0.04825 - 0.06365 - 0.08830 - 0.12630
Stop if 2D closes below $0.03075
#ARPA/USDT is surging from the demand zone and looks ready for a monster ride anytime from here✍🏻
Buy on MEXC: https://www.mexc.com/exchange/ARPA_USDT
Buy on Binance: https://www.binance.com/en/trade/ARPA_USDT
Short term targets: 10%-30%-50%
Comparing Bitcoin's price performance from cycle lows reveals a striking similarity across different market conditions. The 2015-16 🔵, 2019-20 🟢, and 2023-24 ⚫️ recovery periods have followed remarkably similar paths. While the reasons behind this pattern are often debated, it provides analysts with an intriguing framework to consider cycle structure and duration. This recurring pattern, despite vastly different market environments, continues to be a focal point for understanding Bitcoin's long-term behavior and potential future trends.
Читать полностью…#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, might have a strong bullish closing over the weekly resistance zone and entered the next resistance. Price kinda rejecting that area, but over all momentum is strongly up, so we can expect strong move higher towards $70,000 with NY Open.
What Is a T-Address (Zcash)?
Zcash (ZEC) is one of the cryptocurrencies that are focused on providing their users with a way to remain fully anonymous when transacting on the blockchain via, among other things, the use of zero-knowledge proofs. Another prominent example of a similarly fully anonymous cryptocurrency is Monero (XMR).
By default, all transactions on a public blockchain, such as that of Bitcoin (BTC) or Ethereum (ETH), are fully transparent. While there are no names directly attached to the addresses, everyone can plainly see both the sending and the receiving addresses and the precise amount sent for every single transaction on the network. The emergence of the field of blockchain forensics in recent years takes advantage of this fact, as it has allowed for much easier identification and association of real people with the cryptocurrency transactions they make.
As a result of this degradation of privacy, several cryptocurrencies have emerged that make extensive use of cryptographic technologies to allow for increasingly anonymous transactions without the need to decrease the transparency of blockchains by turning them private.
Zcash is one such cryptocurrency that, in particular, takes advantage of the zero-knowledge proof (ZKP) technology, which allows one party to confirm that an event (such as a blockchain transaction) has indeed taken place, without the need to reveal any other information whatsoever.
While greatly beneficial in some contexts, fully anonymous transactions are not always desirable. Because of that, Zcash uses two different but fully interoperable types of addresses: z-addresses (private) and t-addresses (transparent).
When a user wants to send a transparent transaction – for example, for the purposes of auditing or legal compliance – they use the t-address, which will make the transaction look just like it was made on a fully public blockchain. This is opposed to z-addresses, which are fully anonymous: the only publicly known fact about the transactions between them is that they have occurred, while the sending and receiving addresses and the amounts sent remain secret.
#ARKM invalidated the pattern but took the support which tends in breaking the resistance area of $1.69 - $1.75 and price started consolidating over it. Also, price building a Head & Shoulder Pattern which is a reversal pattern but due to bullishness in price, is expected to move higher.
Читать полностью…#BTC still moving inside the consolidation and moving lower slightly. Expected a more drop towards the support zone, which will good for the next impulsive move.
Читать полностью…What Is a Tangle?
A Tangle is an innovative distributed ledger technology that uses a directed acyclic graph (DAG) structure instead of the traditional blockchain design. This unique architecture represents a significant departure from blockchain's linear chain of blocks, as transactions in a Tangle are interconnected in a web-like pattern.
The key feature of a Tangle is its validation mechanism: when a user wants to make a new transaction, they must first validate two previous transactions in the network. This creates a self-sustaining system where each participant actively contributes to the network's security and consensus. As more transactions join the network, they form a complex web of interconnected verifications, with newer transactions indirectly confirming older ones through this validation process.
This structure offers several advantages over traditional blockchain technology. First, it enables parallel processing of transactions, potentially allowing for infinite scalability. Second, since each user participates in validation, there's no need for miners or validators, eliminating transaction fees and making it particularly suitable for micropayments and Internet of Things (IoT) devices.
The Tangle architecture also addresses the bottleneck issues common in blockchain systems. Rather than forcing all transactions through a single chain, the Tangle allows multiple transactions to be processed simultaneously. As network activity increases, transaction confirmation speeds can actually improve, contrary to blockchain systems that often slow down under heavy load.
However, the Tangle design isn't without challenges. The security of transactions depends on the network's size and activity level, as a sparse network could be vulnerable to attacks. Additionally, achieving distributed consensus in a DAG structure presents unique challenges compared to blockchain's more straightforward consensus mechanisms.
Despite these challenges, the Tangle represents an innovative approach to distributed ledger technology, offering potential solutions for scalability and fee issues that have long plagued traditional blockchain systems. It's particularly promising for applications requiring high throughput and minimal transaction costs.
#GOLD UPDATE :
#GOLD retraced a bit and pushed into the new all time highs and might continue to push so. Price build up strong liquidity areas, and might continue to develop some sort of retracement move now.
Here's the Analysis of #SAGA :
#SAGA a successful breakout of the major resistance level and now back inside the range and can drop lower towards the $2.30 level. Accumulation looks inside these area and final area would be $2.05 - $2.15.
On-chain analysis allows us to assess how many coins are held in profit or loss and the size of unrealized gains or losses. By comparing the Long/Short-Term Holder Supply Ratio, we can see a large number of coins transitioning into Long-Term Holder status, pushing this ratio to its highest level since mid-2021. This indicates that HODLing remains the dominant behavior among Bitcoin investors.
Читать полностью…#BTC gave a very solid closing on weekly TF and moved towards the next resistance area of $69,000 - $69,3000. The physiological level is at $70,000 so you can expect a fakeout with that too. As weekly closed strongly bullish, so there're higher chances that price can drive continue to bullish.
Читать полностью…#ARPA Unstoppable Today💸💸
Quick 200% profits with 10X Leverage and still counting🚀
Our team is working hard to identify the best TA+FA based calls for our community. Pin our channel on top to never miss a signal and share it with your friends and family✌️
Alt season🔥 = ARPA Season🚀
https://x.com/arpaofficial/status/1848040961622086073?s=46
Buying #ARPA here✌️🚀
RSI looks oversold on higher timeframe
Lying on historical weekly support
Looks ready for a takeoff anytime
Targets: $0.05-0.055-0.065-0.08
Stay tuned for a TA/FA based SPOT & FUTURES call at 4PM GMT today!
Exchange: Binance & MEXC
#DXY UPDATE :
#DXY continues to play up and we saw the impact on the market. #BTC prices gone though the roller-coaster this week and nearly reached the resistance area. We can have a good rally if it tap into the resistance at 104.00% - 104.16% and drop.
Here's the Analysis of #IO :
#IO is been hovering over the good support zone (grey box) of $1.62 - $1.70 and forming a Head & Shoulder Pattern which could lead the price down and move higher towards the major resistance area of $2.24 - $2.38.
The cost of long-side leverage in the Bitcoin market has dropped dramatically from $120M per month during the March peak to just $10.8M now, after hitting a low of $1.7M in mid-September. While there's been a slight uptick in leveraged long positions recently, it's still far below January 2023 levels. This sharp decline indicates a significant cooling in the market during the current correction, suggesting reduced speculative interest among traders.
Читать полностью…#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, Now trying to have a strong reversal from the support zone which reacted too. Price also broke the long trendline, and you can expected some sort of retracement before moving up, as it will indicate the healthy leg up.