Here's the Analysis of #WLD :
#WLD yesterday printed it #ATH (All-Time High) after a long consolidation phrase. Price is been retracing now and expected to $4.80 - $5.30. Right now, nothing can be done, as there's very less and low probable reference points. On Hourly TF, there's a broken trendline, which might be the reason for a drop. Wait for the correction to over before entering the buys.
#BTC.D nearly tapped into the resistance and market should drop with that rise, but #BTC made its push too. Now, We can see a alts rally already in the market and there's a room to move more. If you're planning to make position then try to make it small only.
Читать полностью…Here's the Analysis of #PENDLE :
#PENDLE broke the Uptrend channel after a month of consolidation and nearly reached the support zone of $2.77 - $2.82. Price made a consolidation like thing, and might gonna break this lower. The Daily TF looks too sharp for the move and In case price closes below zone then structure will also turn bearish, so better wait for the confirmation.
if we take a ratio between STH Supply in Profit/Loss, we can again identify a near text-book retest of the break-even level of 1 (50:50 Profit/Loss split). During robust and resilient uptrends, these points of balanced STH supply profitability tend to form support.
Analysts can keep an eye on any deep breaks below this level, and in particular points where it flips to resistance, suggesting higher risk conditions are in play.
#BTC made a break below of the consolidation range but weekly closing made just above $52,000. Bullish market structure is still maintained and kept getting rejected from resistance near at $52,000. New Weekend is on, so we can expected some, good moves either side and we can expect strong moves with closing above $52,350.
Читать полностью…What Is Minimum Collateralization Ratio (MCR)?
The minimum collateralization ratio is the minimum percentage of investor funds that must be held in cash or cash equivalents at any time. This is a regulatory requirement to protect the integrity of the market.
The minimum collateralization ratio requirement varies according to the type of fund.
The minimum debt-to-collateral ratio is important because it establishes a benchmark for lenders when deciding whether or not to make a loan. Minimum debt-to-collateral ratios are typically set by lenders within the industry and often vary from one lender to another, although some states have specific laws requiring certain standards. For example, Fannie Mae sets a minimum debt-to-collateral ratio at 36% while Freddie Mac sets its minimum at 40%. The Federal Housing Finance Agency also requires that federally backed mortgages meet certain standards but its ratios differ slightly from those of Fannie Mae and Freddie Mac.
Collateralization Ratio
Collateralization ratio or collateral coverage ratio is one of the most important metrics used by lenders to determine how much money they should lend to a borrower. From it, they can calculate the loan-to-value ratio which is a measure of risk.
The collateralization ratio is a measure of the relative size of a loan in relation to the value of its security, i.e. collateral that backs the loan. The higher this proportion the less risky the transaction for the lender since he is protected from default by having possession of assets in case the borrower defaults.
The collateralization ratio is also known as Loan-to-Collateral Ratio (LCR) or Collateral Coverage Ratio (CCR).
Minimum Debt to Collateral Ratio = Good Borrowers
The debt to collateral ratio could be as high as 3:1 depending on your credit score and other factors. A good borrower should have a ratio of 2:1 or less. For example, if you have $10,000 in outstanding loans and only $5,000 in property value, then your minimum debt to collateral ratio would be 2:1.
There is no universal rule for what the minimum ratio should be. It varies depending on the type of business, the industry, and the asset being used as collateral. Of course, the lower the debt to asset ratio, the better. The best-case scenario is to have a debt to collateral ratio of 1:1.
#FET made a breakout over the major resistance area, now turned it into major support now. A pullback is expected for potential buy setups and anticipate the move towards the Resistance area of $0.931 - $0.95., Incase price directly move towards the resistance then we will have to wait for the next breakout.
Читать полностью…Here's the Analysis of #VET :
#VET is been heavily pump 2x within the few days and on a retest back t the support zone of $0.043 - $0.044. Currently, price is middle of nowhere, and have to wait for the price to either break below of the zone or made a strong rejection from the support. Setup will be taken into account after the break of structure in LTF(Lower Timeframe).
We can see that the total volume of #LTH Supply held in loss is currently 777.8K #BTC, and is trending towards the zero bound as prices rise. Just 6.5% of the aggregate #LTH supply is therefore held in loss.
Previous instances where the LTH cohort held a similar coin volume in loss corresponds with early bull market conditions (with 2019 as an arguable outlier).
#BITCOIN DAILY TF UPDATE :
#BITCOIN made its way of the breakout and straightaway moved into the Strong Resistance Zone of $52,650 - $52,450. Price discovered a new range to moving within and a pullback is expected with this range, at some sort of support. More things will be cleared out on Weekly Closings, so have an eye on it.
What is MetaMask?
MetaMask is a cryptocurrency wallet that operates as a plug-in for standard internet browsers such as Chrome and Firefox.
It allows users to manage, transfer and receive Ethereum and ERC-20 tokens — without the need to download the whole blockchain in the process.
As well as allowing digital coins to be stored, MetaMask also enables users to interact with smart contracts and decentralized applications without using a full Ethereum node.
The cryptocurrency wallet was created in 2016 by ConsenSys, a Brooklyn-based blockchain software company focusing on Ethereum-related tools and infrastructure.
Hot wallets — or web-based wallets — are often considered insecure, with phishing attacks being the main risk for users. These scams are used by hackers to steal sensitive information such as passwords and usernames.
The software uses HD backup settings and relies on a team of developers that regularly update its open source code.
A HD wallet, or hierarchical deterministic wallet, is a next-generation digital wallet that automatically generates a hierarchical tree-like structure of private and/or public addresses. This takes the issue away from the user, as otherwise the key would have to be generated externally.
One of MetaMask’s key features is the use of a 12-word phrase that has to be kept safe or to remembered by the user, as it will be required in the event of forgetting a password.
Due to its success in the cryptocurrency community, the lack of an official mobile website for several years led to malicious actors to develop phishing software that posed as MetaMask’s mobile app.
#TOTAL2 (Altcoin MarketCap) Update :
#TOTAL2 made with way after the candle closure. Index goes as predicted, it gave a breakout of the resistance, ended up made a alts rally. All Strcutural Resistance broken and next major resistance is right above coming $940B - $956B. Still, there's a room to play but its better to book profits in running trades as #BTC is at crucial level.
Here's the Analysis of #MINA :
#MINA is been already reacted from the Weekly Resistance Zone of $1.63 - $1.67 and currently, price rejected from the resistance area around $1.52 - $1.55. With that upmove, price respecting the trendline. Right now, its better to wait for the price to break the resistance, sells are low probable as of now.
Leading up to the approval of spot #ETFs in January, speculation surged, leading Long-Term Holders (#LTH) to either cash out for profit or reallocate their holdings into new #ETF products. This resulted in a significant decrease in LTH supply balance by approximately 299.5K #BTC since November, from a peak of 14.996M BTC. Notably, analysis of #GBTC flows, with around 661k BTC inflow and 151.5K #BTC outflows in 2021, suggests that remaining #LTH supply, totaling 148K #BTC, is being spent by investors. This trend aligns with previous research indicating LTHs begin distributing their holdings as the market approaches all-time high prices.
Читать полностью…#BTC made its way to the upside as mentioned, as there's were no signs of bearishness. Now, Price tapped into a key level and expected a retracement back to some sort of structural support or a strong support area. Meanwhile, hodl on the running trade and wait for new entries.
Читать полностью…What Is a Mining Farm?
One of the most popular ways through which many people get cryptocurrencies is through the process of mining them. More specifically, we'll use Bitcoin as an example, as miners earn 6.25 Bitcoins each time they complete a block at the current point in time (May 2021).
Discussing a mining farm, this is typically a room or a warehouse that is dedicated to mining cryptocurrencies. Keep in mind that the farm can be a basement in a house with multiple ASIC machines, or even a large warehouse that features both GPUs alongside ASICs. Mining farms contain truly enormous power supplies, alongside huge fans to cool the equipment. They typically have more than a single person working on them. A mining farm is essentially a mining pool with miners that are housed within a single location and building.
Bitcoin mining is a simple concept: it is the process of someone verifying a transaction so that it can be added to the public ledger we all know as the blockchain. Transactions are added in blocks, and all you need to verify a Bitcoin transaction is a computer with a connection to the internet and a software program that is linked to the blockchain.
Keep in mind that computers consume a lot of energy, and air conditioning is typically required to prevent any overheating. This means that if you are in a geographical location known for its low temperature, you might just be in luck in this regard.
Mining is expensive, and in addition to using large amounts of electricity, the mining computers need to be replaced frequently. As such, you will be required to have some capital upfront in order to start with your mining farm, and expand and maintain it through the currencies you end up generating.
Nothing much changes in #bitcoin, price just kept on moving back and forth on the $52,000. Daily Candle kept getting printed side by side and wicking. This might be a new phrase of strong consolidation or Distribution phrase. Its not clear now, so wait for the clean breakout to appear.
Читать полностью…What Is a Minimum Viable Product (MVP)?
A minimum viable product (MVP) refers to a product with just enough features to entice early-adopter customers and validate a product idea swiftly during the development phase. Especially prevalent in industries like software and tech, an MVP facilitates prompt user feedback, enabling iterative improvements.
Embedded within the agile methodology, an MVP assumes a pivotal role in agile development processes. Companies often opt to develop and release an MVP to hasten market entry, gauge real user responses before allocating substantial resources to full-scale development, or discern the preferences of their target audience.
Moreover, an MVP aids in curtailing the time and resources required for potential product failures. Its primary advantage lies in gauging customer interest without fully developing the product, thereby minimizing wasted effort and expenses on unsuccessful ventures.
However, some teams may misinterpret the concept, viewing an MVP solely as the bare minimum functionality rather than considering its adequacy in evaluating the product's business viability.
#VET made a rejection from the support zone, and made a LTF structural shift. Price moved 8% in profit from the entry, but market kinda rejecting as candle having large top wicks. If price retraces back to the support, there will be buy setup again.
Читать полностью…Here's the Analysis of #LPT :
#LPT is been moving great and did some 1.5x - 2X within few days. Price nearly reached the major resistance zone of $21.50 - $22.15, with a strong bullish momentum. Price is middle of nowhere, wait for the price to reach out the Major Resistance and reject it as price is way to high for direct buys.
For the Short-Term Holder (STH) cohort, the 'sell-the-news' correction after the ETFs launched has resulted in a healthy reset of several metrics.
First, we can see that the percent of STH supply in profit fell from its peak at ~100%, to retest its all-time-average of 57.5%. This means that almost half of all STH supply experienced prices falling below their acquisition price, making for a healthy correction. Historically, this tends to correlate with local lows being established when the market is within a macro scale uptrend.
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN made its Weekly closing above and made all its way towards the Resistance area around $52,000. Now, price is kinda rejecting it but still overall a bullish structure. Retracement might come within this zone, but a new weekly candle closing is required to close above the $52,000, which will open the room for $60,000 level.
What Is a Metatransaction?
A metatransaction is like having a helper who carries out a task for you. In this case, it's executing a transaction that someone else has signed on your behalf. Instead of you needing to send this transaction to the public blockchain, the helper does it for you. So, metatransactions simplify things and save you the cost of using gas on public blockchains. All you have to do is sign the transaction with a click.
Usually, when you make a transaction on a public ledger, you sign it yourself, and it goes into a waiting area called the mempool. Miners then include your signed transaction in the next block. During this process, you're the one paying the gas fees, which can be a hassle. Plus, you usually have to pay these fees using the native token of the blockchain, even if you're using a decentralized app (dApp) with its own token.
Metatransactions change this by allowing dApps to handle the gas fees and token payments for you. Instead of you paying the fees, the dApp or another third party does it for you. For instance, a dApp developer might cover the gas fees to attract more users. They can also decide whether users need to use their own token to pay for gas or if they'll cover the costs entirely. In either case, they use metatransactions to manage the transaction on the blockchain and pay the necessary fees. All you need to do is sign the transaction, and you might not have to pay any gas fees at all.
The main advantage of metatransactions is that they make using blockchain applications much easier for users. They shift the burden of dealing with gas fees and transactions from the users to the developers or infrastructure behind the scenes.
#MINA gave a break below the zone uptrend line and reached the support zone (Grey Box) around $1.32 - $1.35. Now, we can have an eye on the Daily Closings, either it rejects or break below of the zone. Price is very corrective to move lower, so expecting a bounce from here.
Читать полностью…Here's the Analysis of #FET :
#FET is been moving back an forth between the major resistance and major support zone of $0.71 - $0.75 and $0.56 - $0.60. Its a pretty good range for 15% - 20%, so you can have a range trade. Best setups will come after the breakout, either side and the most probable one will the resistance break as market is bullish.
As the market rises, most #BTC is now profitable, with only 13% acquired above $48k and held at a loss. The chart shows that 87% were acquired below $48k, with a large Short-Term Holder cluster at $40k-$45k. Long-Term Holders dominate the 13% in loss, reflecting their activity during 2021's 141 trading days.
Читать полностью…#BTC kept on rejecting from the $52,000 and stared ranging back and forth. Daily TF, kept getting rejected and its a thirds attempt to break through. H4 TF, kept gone making the stop hunt to the both side, so a clear direction will be after a breakout of the zone, so have an eye on it,
Читать полностью…What Is a Mercenary Capital?
Mercenary capital refers to capital provided by investors seeking short-term gains through opportunistic participation in incentive programs offered by platforms. Typically, these investors withdraw their capital once they locate more lucrative programs or when rewards diminish below their expectations.
To attract smaller investors, many Automated Market Maker (AMM) platforms run growth hacking initiatives like liquidity mining and yield farming. These programs offer additional rewards, often in the form of governance or native tokens, to liquidity providers (LPs) who stake or lock in their LP tokens. While historically effective in attracting investors, these programs also expose platforms to mercenary capital risks, especially if they offer excessive short-term rewards that favor opportunists over community members and long-term investors.
Factors like limited time periods or temporary bonuses in these programs can exacerbate the negative impact of mercenary capital. When the program concludes, the withdrawal of capital by mercenary providers leads to increased short-term selling pressure, causing significant price drops in reward tokens and potentially triggering panic selling by other investors.
Although this challenge is inevitable for platforms employing growth hacking programs, it can hinder long-term platform development. Mitigating mercenary capital requires a combination of sound tokenomics, quality products, and robust community trust, along with potential measures like longer lock-in staking periods for enhanced rewards.
#LDO continues it ways and made a high of $3.3 which is 24.6% in profits. Now the Head and Shoulder Patterns becomes invalid and can be expected towards the next Resistance around $3.5 to $3.8 and continuation buys can come from $3.2 and lower.
Читать полностью…Here's the Analysis of #LTC :
#LTC is been ranging between the Major Level of Support around $62.1 - $63.3 and Resistance Zone of $75.5 - $77.3. Also, price is hodling above the trendline and moving with it. Well, its a good enough tradable range, so you can got for it. Strong Buys or Sells will come from the Breakout of the zone either side.