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Net position change metrics, we convert this 30-day change to a relative percentage of the Realized Cap (BTC and ETH) or total supply (Stablecoins).
Next, we construct a simple model to identify whether the market is within a risk-on, or a risk-off environment, respectively:
🟢 Risk-on is defined when all three of these major assets are exhibiting net capital inflows.
🔴 Risk-off is defined if any of the three major assets starts to exhibit net capital outflows.
What Is a Consumer Price Index (CPI)?
Primarily speaking, a Consumer Price Index (or CPI) is a type of index where the prices of a basket of goods and services are tracked to gain insights into market segments. CPI is designed to track the prices of consumer goods and services that the average consumer is expected to spend on and should be able to afford. It is a benchmark for measuring economic developments, specifically the impact of inflation or deflation. This is essential as governments can gather insights on their monetary policy decisions and thereafter tweak how much should be given to those with subsidized incomes.
But beyond measuring the effectiveness of the central government’s economic policy, the CPI also gives businesses and citizens information about the price changes in the economy, which then helps them make informed decisions. The CPI statistics cover a wide range of individuals, including professionals, self-employed, the unemployed, and more. Some of the major groups of the CPI include housing, apparel, education, and communication. While the CPI is mostly effective, it often fails to capture regional variations in prices, and it also assumes that all buying patterns are homogenous.
The average Profit or Loss realized per coin has also reached cycle lows, reinforcing the observation that the majority of coins being traded were last transacted at a similar price to today. We also note that profits are equal to losses, suggesting a state of equilibrium has been reached (an indicator for heightened volatility ahead).
With the majority of coins transacting in close proximity to their original cost basis, this describes a market where active investors are either price insensitive HODLers, or traders jostling for a marginally better position.
The Moving Average Convergence Divergence (#MACD) is a trend-following momentum indicator that helps traders and analysts identify potential buy and sell signals in an asset's price chart.
1. MACD Line (Blue Line): This is the difference between the 26-period Exponential Moving Average (EMA) and the 12-period EMA. The MACD line is more responsive to short-term price changes.
2. Signal Line (Orange Line): This is a 9-period EMA of the MACD line. It's used to generate trading signals.
3. Histogram: The histogram is the vertical bars that represent the difference between the MACD line and the signal line. It provides a visual representation of the MACD's divergence from the signal line.
What Is Collateral Cap?
A collateral cap functions as a security safeguard intended to disperse the overall lending risk across various assets within a protocol. It dictates the highest permissible collateral amount for a specific market, quantified in units of the relevant token. Essentially, it offers a means to gauge and restrict the borrowing capability associated with each asset.
For instance, if a market has a collateral cap of 1 million tokens, it implies that only 1 million of that specific token can be utilized as collateral for borrowing purposes. This strategic mechanism serves to mitigate systemic vulnerabilities posed by single assets, particularly those with limited on-chain liquidity.
To elaborate, if a protocol were to take possession of an asset during the liquidation of provided collateral, the challenge arises when there is insufficient on-chain liquidity to convert or swap this asset into other assets. In essence, the collateral cap is an individualized setting for each token market, aimed at controlling and curtailing potential risks within the protocol.
Unanticipated and irregular price declines can stem from various factors, including scenarios like infinite token minting, protocol vulnerabilities, or exploitations of different kinds. In this context, collateral caps represent a vital restriction that governs the highest feasible losses the protocol might encounter in the event of a market collapse or an extreme price plunge in the associated token markets. This measure proves to be highly effective in risk management and necessitates vigilant monitoring, particularly in volatile market conditions. Inadequate management could reverberate throughout lending and borrowing protocols and the interconnected ecosystems, instigating a domino effect of consequences.
Here's the Analysis of #RLC :
#RLC is been in a consolidation phrase and kinda moving inside the downtrend channel too. Price just pushing multiple times over the support zone of $0.929 and next support is at $0.671 - $0.703. Also, Currently, price reached at $1.09 - $1.14, where its rejecting, so wait for the price to break out of the consolidation.
What is Change Address ?
Just like with fiat money, when transacting in cryptocurrencies, users don’t always have the exact amount to send. This means that sometimes you send more funds than the transaction requires. In these cases, the remainder of your assets is returned to a change wallet and then refunded to your original wallet address.
Let’s look at an example. If you have a $50 bill and have to pay $40 for your purchase, your change will be $10. The same can happen with cryptocurrencies. Transactions on the blockchain always have an input and an output. For example, if you go on an exchange and purchase 1 ETH with fiat, the input will be the fiat money, the output will be 1 ETH. However, if you are looking to send 1 ETH to a crypto wallet, the case is not as straightforward.
Sometimes, in cryptocurrency transactions, inputs cannot be precisely calculated to the exact amount requested by the transaction. In such cases, the sender address sends more funds than requested by the transaction. However, the difference between the requested amount and the amount stored in the input is what is called change. This change is temporarily stored in a change address and then refunded back to the sender’s wallet address.
In this sense, change addresses are a very valuable part of the cryptocurrency ecosystem because they allow for fair interactions between wallets. Without change addresses, it wouldn’t be possible to transfer exact amounts between wallets. What’s more, users don’t even see that change addresses exist. While this process happens more often than we might think, it is a background calculation performed by the blockchain itself.
You can see your change address and how much of the funds you’ve sent have gone through it. However, no action is required on your part. The blockchain calculates how much a sender is inputting and what the necessary output is. If the input is insufficient, the transaction will fail. If the input is larger than the requested output, the blockchain will send the remaining funds to a change address. Seconds later, these funds will be returned back to the sender’s wallet.
Change addresses represent an important underlying function of all blockchains. While users might not see them when interacting with the blockchain and making transactions, change addresses are often utilized. Without them, it would have been impossible to send exact amounts to other wallets or to pay for NFTs, for example.
If you are curious to see your change address, you can easily view it in the details about any transaction you’ve made. The change address is visible, even if it was not used in the given blockchain interaction.
What Is CeDeFi?
The term “#CeDeFi” is new to the world of cryptocurrencies. CeDeFi, or centralized decentralized finance, is the perfect merger between centralized and decentralized finance, bringing the best functionalities of both systems. Using CeDeFi, corporations can explore innovative and modern financial products while meeting conventional financial regulatory standards.
Simply put, #CeDeFi allows you to explore DeFi products, such as decentralized exchanges (DEX), liquidity aggregators, yield farming tools, lending protocols and a lot more at low transaction fees. Using CeDeFi, businesses can deploy unique smart contracts and add several products and services on a single platform while ensuring quicker transactions and lowering risks.
As for traders, #CeDeFi allows you to search and filter the best opportunities using liquidity depth, transaction fees, network fees, KYC stipulations, and withdrawal fees, leading to lower slippage, higher asset availability, and better security.
#CeDeFi also addresses the growing concerns surrounding regulation and compliance relative to cryptocurrencies. With the merger of centralized and decentralized financial features, #CeDeFi paves the way for institutional custodianship of DeFi protocols.
Moreover, it helps promote the use of regulated security tokens for activities like bond issuance and settlement in DeFi stablecoins, combining many of the beneficial features of crypto assets, whether transferring or storing value. This is besides its potential to revolutionize global payments with protocols that are more rapid, affordable, and accessible.
The concept of #CeDeFi started to gain significant momentum as it promises a definitive way of enabling crypto enthusiasts, both new and veterans, to operate on secure exchanges while providing them access to handpicked and vetted projects with high liquidity.
Advantages of CeDeFi
Other than bringing the best of centralized and decentralized finance, CeDeFi delivers several notable advantages, including:
Exchange vetted projects and tokens: All products and services are audited, reducing the likelihood of fraud.
Seamless deployment: Developers building dApps can quickly onboard their apps and benefit from cross-chain functionalities.
Greater accessibility: Investors will enjoy access to opportunities that generate higher APYs by investing in handpicked products and services that best meet their accompanying goals.
More compliant choices: Explore a world of modern products and infrastructure while meeting traditional financial regulations like KYC and AML.
Lower transaction costs & faster transaction speeds: Existing users across CeDeFi platforms have confirmed that CeDeFi fees are almost negligible.
Security and scalable orientation: CeDeFi offers a robust and scalable solution for security, control, and transparency across a suite of DeFi products.
Fewer obstacles to entry: It allows new users to explore DeFi by showing vetted trade opportunities, filtered by several factors, such as KYC, fees, and more, helping lower the barriers for less knowledgeable participants.
What Is a Casascius Coin?
A Casascius Coin is a physical representation of a Bitcoin that was created by Mike Caldwell, an early cryptocurrency enthusiast, and issued from 2011 to 2013. These physical coins were often used as a means to store and transfer Bitcoins offline, providing a physical and tangible form of ownership for the digital cryptocurrency.
Here are some key features of Casascius Coins:
1. Physical Representation of Bitcoin: Casascius Coins are essentially physical coins that have a hologram on one side, which contains the private key necessary to redeem the associated amount of Bitcoin.
2. Collectible and Novelty: They were often considered collectibles and novelty items, as they combined the digital world of Bitcoin with a physical, tangible form. This made them popular among cryptocurrency enthusiasts.
3. Denominations: Casascius Coins were available in various denominations, ranging from 1 BTC to smaller fractions like 0.1 BTC.
4. Value Storage: They provided a secure way to store and transfer Bitcoin, as the private key hidden behind the hologram could not be easily accessed without breaking the seal.
5. Controversy: Over time, Casascius Coins became a subject of controversy, especially as regulatory concerns and security issues arose. The U.S. Financial Crimes Enforcement Network (FinCEN) raised concerns about whether these physical coins constituted money transmitters or money service businesses.
6. Redemption: To redeem the Bitcoin stored on a Casascius Coin, you would need to physically peel or reveal the private key under the hologram and then import that private key into a Bitcoin wallet.
It's worth noting that, over time, the security risks associated with revealing the private key prompted Mike Caldwell to stop selling loaded Casascius Coins in 2013. As a result, these physical coins are no longer being produced.
Casascius Coins serve as a unique artifact in the history of cryptocurrencies, representing the early days when Bitcoin was a novel concept, and they remain popular among collectors and enthusiasts.
Notice of Removal of Spot Trading Pairs - 2023-10-13
https://www.binance.com/en/support/announcement/d8cdb70d7658400bad803d2e9c6f315d
Here's the Analysis of #ARB :
#ARB is been gone through a fakeout over the strong resistance zone of $0.912 - $0.931 and kinda broke the Trendline too. On Daily TF, closing is still pending, and potentially we can drive lower towards the support area. Shorts can be taken after the break and close to the Trendline or retest of 0.085.
What is Balloon Loan ?
A balloon loan is a type of loan that does not get fully amortized. The payment made at the end of the loan term is referred to as the balloon payment due to its size. A balloon loan is mostly used for short-term loans ranging from 5-7 years and has a relatively lower interest rate initially.
How Does Balloon Loan Work ?
Balloon loans usually have short terms (mostly ranging from 5-7 years), and a small amount of interest is applied to them. The payment method for balloon loans differs from that of a traditional loan. It is not designed to pay the whole loan amount by the end of the term; instead, only a small amount is to be paid monthly. At the end of the term, the principal balance left is to be paid off by a single payment called the balloon payment.
Balloon loans are primarily used for mortgage or auto loans. In a balloon mortgage, the buyer takes out a loan with a low-interest rate; the payment method used is mostly the same as for a 30-year mortgage. After the end of the term, the balloon payment is to be paid off. The buyer has a few options at this stage: sell the property or apply for a traditional loan with lower interest rates than before. There is a risk that the property might not be worth the amount required or that the interest rates are higher.
Example of Balloon Loan
A person is looking to buy a house worth $200,000. He takes out a balloon loan with an interest rate of 4.5% per month. The term is decided to be seven years. The person has to make a payment of $1,013 per month for the next seven years. At the end of the term, he paid $85,092, and $175,066 remains. This remaining amount will be called a balloon payment.
Here's the Analysis of #XRP :
#XRP moving inside the uptrend channel pattern after rejecting the major support zone of $0.462 - $0.464. Currently, price on it verge to break the channel or might have a bounce from here to retest the strong Resistance Zone of $0.538 - $0.547. You can go shorting after the channel breaks.
#BITCOIN DAILY TF UPDATE :
#BITCOIN doesn't played that well, and moved in a range. Price Retesting the Resistance zone around $26,600 and failing to break it. Well, its weekend now, expecting the volume to dried up more. A Rejection is expected through the level as overall, trend is down.
What is Polkadot Crowdloan ?
"Polkadot Crowdloan is the process of depositing Polkadot (DOT) tokens to endorse specific projects in the Polkadot Slot Auction. In return, participants stand to gain rewards from these projects.
Polkadot (DOT) is an open-source protocol facilitating data and application exchange among diverse blockchains. Within the Polkadot ecosystem, two blockchain types exist: the main chain, known as the Relay Chain, and parallel blockchains, referred to as parachains. The Relay Chain serves as the central hub, interconnecting various parachains. Parachains, akin to Ethereum Plasma chains, can process transactions independently, contributing significantly to blockchain scalability.
To secure a connection between parachains and the Relay Chain, parachain projects must secure a parachain slot through the Parachain Slot Auction. To participate in the auction, projects stake DOT, Polkadot's native token. The projects offering the highest DOT stakes can become Polkadot parachains and lease slots for durations ranging from 12 to 96 weeks.
To accumulate more DOT tokens for bidding, parachain teams can engage in Polkadot Crowdloan to obtain DOT from the community. Crowdloan functions as a crowd-funding mechanism enabling individuals to support specific parachain projects by staking DOT. Participants who stake DOT in a crowdloan campaign may receive rewards from the project, which can manifest as tokens from the supported parachain. Once participants engage in a crowdloan, the staked DOT becomes locked within the project's slot auction bid. In the event the project secures the auction, it can lease a slot to establish a connection between its parachain and the Relay Chain. The DOT tokens acquired through the crowdloan are subsequently locked within the parachain slot for the entire lease period, which spans from 12 to 96 weeks."
Historically, Bitcoin tends to lead the digital asset market, with market confidence then flowing towards Ethereum, and then further out on the risk curve from there.
A powerful tool to visualise this capital rotation is using the 30-day change in the Realized Cap for 🟠 BTC and 🔵 ETH, and the total supply of 🟢 Stablecoins (as a proxy for USD quote capital, often deployed for speculation).
What Is Composability in Crypto?
Composability in the world of cryptocurrencies can be understood as the way different digital assets or protocols seamlessly interact with each other, creating a sort of financial synergy. In simpler terms, think of it as building with digital Lego blocks, where different pieces fit together to form something more complex and valuable.
This concept is particularly important because it enables the development of innovative financial products and services within the realm of decentralized finance (DeFi), a space where you can perform various financial activities without relying on traditional banks. DeFi protocols act like Lego bricks, allowing users to combine them to create intricate financial tools. For example, you can lend a stablecoin like DAI on one platform to earn interest, then take that DAI to another platform to trade it for another cryptocurrency or use it in another financial service.
The benefits of composability are numerous. It enhances transaction efficiency by allowing multiple actions to occur simultaneously, reducing fees, increasing liquidity, and encouraging innovation. It's like streamlining your chores by completing them all in one place, offering convenience and cost savings.
However, there are risks associated with composability. Smart contract vulnerabilities can jeopardize the entire system if one protocol has flaws. Interoperability issues can hinder the seamless interaction of various protocols, much like trying to mix different types of playdough with your Lego blocks. There's also a risk of sudden liquidity shocks if significant players withdraw funds from the system.
Composability is driving the future of the crypto industry by enabling the creation of new financial products and services, challenging traditional finance, and supporting the industry's growth through enhanced efficiency, flexibility, and innovation. It's akin to rocket fuel propelling the crypto industry forward.
Notice of Removal of Spot Trading Pairs - 2023-10-27
https://www.binance.com/en/support/announcement/04cbc1c3c77449f9b77d48a353cead34
The activity within the on-chain #Bitcoin supply continues to display remarkable inactivity. Both the amount of value moved and the arrival of new capital appear to be at historically low levels. To gain insight into investor engagement, we can examine the movement of Bitcoin to and from exchanges.
Over the last 30 days and year, the average total trading volume on exchanges (combining inflows and outflows) has stabilized at approximately $1.5 Billion. This marks a significant drop of 75.5% compared to the all-time high of $6 Billion recorded in May 2021.
"This observation is further substantiated by an analysis of the Average #BTC Volume Transferred per Active Entity, which has decreased to approximately $12.2k (equivalent to around 0.44 #BTC). This metric has reverted to levels previously witnessed in late 2017, marking the end of the bull run, and once more in late 2020, before the initiation of the last cycle's bull run."
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Here's the Analysis of #SOL :
#SOL is below fell below the Strong Resistance Zone of $22.00 - $22.44 also there's the resistance line coming along from the top and trendline from the bottom and potentially price can move lower till there. You can take shorts accordingly, with tighten stops.
#BITCOIN DAILY TF UPDATE :
#BITCOIN is been dropped continue from the build-up resistance and reached the support zone of $26,700 - $26,850. Price testing the strong support zone with the Trendline Confluence. Eyes on the Strong Bounce or Break below of this only. Only, fundamental can impact any fakeouts now.
Here’s the Analysis of #STROJ :
#STORJ gave a pure rejection on Daily TF, from major resistance zone of $0.508 - $0.519 but on the H4 TF, it looks like a fakeout. Currently, price breaking below the strong support zone (Grey Box) of $0.407 - $0.422 and anticipated to continue pushing lower. Taking short here would be an opportunity till $0.0325.
#MBOX shorts gone perfect after break and close below. Price did a retest of the Resistance zone of moved around 6.79% in profits. Its time to Breakeven the stops or trail with swing points.
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What is Breaking ?
Breaking is the context of a hard fork in a blockchain or cryptocurrency network, Where "breaking" typically refers to a situation where the upgrade or change introduced in the hard fork is not backward compatible with the previous version of the software. This means that the new software version cannot communicate or interact with the old one, leading to a division or "break" in the blockchain's transaction history and network.
Here's how it works:
1. Old and New Versions: Before a hard fork, there's typically a single blockchain with a unified set of rules and software. When a hard fork is proposed, it involves making significant changes to the blockchain's protocol.
2. Incompatibility: If these changes are not backward compatible, it means that the new version of the software and the old version cannot understand each other's transactions and blocks. They operate on separate rules.
3. Network Split: When the hard fork occurs, the network splits into two separate chains: one that follows the old rules and one that follows the new rules. Each chain now has its own transaction history and set of participants.
4. Two Coins: After the split, both chains continue to exist independently, and new coins (cryptocurrency tokens) are generated on the new chain. Holders of the original cryptocurrency now have equivalent amounts of the new cryptocurrency on the new chain.
5. Community and Miner Choices: Which chain becomes dominant and which cryptocurrency retains value often depends on the choices made by the cryptocurrency community, miners, and users. Factors like adoption, security, and developer support can influence the outcome.
A classic example of a hard fork that resulted in a "break" is the Bitcoin Cash (BCH) hard fork from the original Bitcoin (BTC) network. The BCH hard fork introduced larger block sizes and different consensus rules, making it incompatible with the BTC network. As a result, two separate blockchains and cryptocurrencies, Bitcoin (BTC) and Bitcoin Cash (BCH), emerged from the split.
Hello everyone, the next Mega Pump Signal will be scheduled for :
Date : 8-October-2023 Sunday
Time : 4 PM GMT
Pairing : USDT
Exchange : MEXC
Advantage : Free For All
With the success of our previous big pump signals #FRTN (6500%), #JET (+10600%) on MEXC, which remained in the "Top Gainers" for over 24+ hours. we are ready to announce our next big signal on MEXC. We have decided to start pumping on MEXC for multiple reasons. 1st of all, we believe that with our massive buying power we will be able to reach 5000%-7000% easily possibly even more. 2nd of all, MEXC doesn't require KYC meaning you can make an account there without verifying your identity and get past any restrictions other exchanges could have. Finally, there is very little hidden sell pressure in the orderbooks. we have decided to schedule our next signal in 7 days to make sure that we are fully prepared. Our main goal for this pump signal will be to make sure that every single member in our group makes a massive profit. With our ability to keep creating the most powerful and biggest pumps , we will take every opportunity we can get. We welcome everyone to join us as we create the next big pump all traders and investors all over the world have been waiting for.
This event will be the biggest one that we have done in the history of our group and will top our previous ones in terms of % gain. Our team are closely monitoring a number of suitable coins, and we have a few absolute gems lined up ready to shake the market again. Instructions will be given out in the upcoming days to make sure all our members are prepared for MEXC. We are expecting hundreds of thousands of people all across the world to attend this pump and possibly more than a million people across all social medias will be watching. Be prepared.
#BITCOIN DAILY TF UPDATE :
#BITCOIN just moved back and forth, by which it gave a breakout over the strong zone of $26,700. Well, price testing the downtrend resistance line and might turn into a fakeout too. Eyes on Daily Candle closing, if sustains above the zone then we can see a push higher.
What is Race Attack ?
A race attack, in the context of cryptocurrency or blockchain technology, is a type of security vulnerability or exploitation that occurs when an attacker attempts to manipulate a blockchain network's consensus mechanism by submitting multiple conflicting transactions with the aim of double-spending their digital assets.
In a race attack, the attacker tries to create confusion within the network by broadcasting two conflicting transactions at nearly the same time. One of these transactions typically involves sending cryptocurrency to a legitimate recipient, while the other sends the same cryptocurrency back to the attacker's wallet or address. The objective is to deceive the network into accepting both transactions simultaneously, allowing the attacker to spend the same funds twice.
The success of a race attack often depends on the speed at which the attacker can propagate these conflicting transactions across the network. If the attacker can spread the double-spending transactions quickly enough, there is a higher chance of both transactions being included in a block.
To mitigate the risk of race attacks, blockchain networks typically employ consensus mechanisms like proof of work (PoW) or proof of stake (PoS), which prioritize the transaction that is first confirmed and included in a block. As a result, only one of the conflicting transactions will ultimately be accepted by the network, while the other will be rejected.
It's important to note that the effectiveness of race attacks varies depending on the blockchain's specific consensus rules and transaction confirmation times. As such, blockchain developers and users need to be aware of the potential vulnerabilities associated with race attacks and implement appropriate security measures to minimize their risks.
Here's the Analysis of #APE :
#APE Approaching towards its listing price in #binance and its ATL (All-Time Low) and kinda continue to drop like this till $1.00. Nothing we can do it right here, it better to have an eye on it. A deeper retracement can be good opportunity for shorting.
If we isolate #stablecoins, we can see that a total of $43B in capital has been redeemed, representing a total decline of 26% since the high set in March 2022. This can be argued to be a result of both capital leaving due to bear market conditions, but also a reflection of the opportunity cost of higher interest rates, which are not passed onto non-yielding #stablecoins.
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