Here's the Analysis of #SNX :
#SNX is been moving within a parabolic move in a mid-term period and building liquidity below the a Major Resistance area around $5.36. Well, price is pushing aggressively with the #BTC hitting #70,000 mark again. so it wait for wait for a retracement or flip above the zone before any sort of buy and yes shorting would be low probable.
🚀 Attention all crypto enthusiasts! 🚀
🔥 THE FINAL 72 HOURS COUNTDOWN IS ON! 🔥
Get ready for the most EPIC 10x Pancakeswap GEM call EVER!! 💎 Brace yourselves for a RECORD-SHATTERING turnout, with MILLIONS of traders around the globe gearing up to ride this insane wave! The WHALES are backing this tidal wave of success with massive volume injections, propelling prices tremendously and minimizing any dips along the way! 🐋💰
Our unique strategy is simple yet genius - BUY and HOLD as soon as the signal drops, ensuring maximum profits for all. Our objective during this surge is to maximize gains for all members, aiming for a significant increase of 10x to 20x🚀
Date & time of Pancakeswap GEM call : 4pm UTC,March 28
This Gem 💎Token Pump is happening EXCLUSIVELY on Pancakeswap. Don't miss out on this ONCE-IN-A-LIFETIME opportunity
The overall impact of the Dencun upgrade on ETH supply remains uncertain due to interconnected changes:
- Moving Layer-2 anchoring transactions to the blob data structure reduces fee congestion by about 10%, potentially leading to less ETH burned.
- Lower fees on Layer-2s may encourage increased usage of Ethereum's mainchain and scaling solutions, possibly increasing fee pressure.
- The rate of issuance growth is expected to decrease as fewer new validators can join the staking pool.
Ethereum has undergone six major updates, not all affecting ETH supply directly. However, recent upgrades have slowed ETH supply growth, with a slight decrease post-Merge. The chart below illustrates these upgrade events and their impact on ETH circulating supply.
Binance Will Cease Support for Deposits and Withdrawals of USDC via the Tron Network (TRC20)
https://www.binance.com/en/support/announcement/33df0ff0e2e94259950b5c4b1f4952f7
Here;s the Analysis of #OCEAN :
#OCEAN is rejected off from the Major Resistance Zone of $1.28 - $1.35 and kinda ranging. Price also forming the triangle pattern and moving. Well, its waiting time for us, as it need to break either side. But the break above will required a flip above the Major Resistance, So the Plan it Accordingly.
#DXY UPDATE :
#DXY gone perfectly but made the overall market dump, as Dollar going Strong. Now, index broke the resistance area and expected to reach the next resistance area of 104.8 - 105.2. Its better to have hit on resistance and then expected some strong push from there to the downside, which is eventually give a growing impact in the market.
Here's the Analysis of #BAKE :
#BAKE is kinda moving in a large range and rejecting both side of the zone. Price was moving very correctively as the moment and middle of the nowhere. The good point will be wait for a rejection from the support around $0.34 - $0.35 (Blue Zone) and thereafter look for entries.
#FRONT broke the falling wedge pattern but the breakout was very weak. Price started consolidating after that and now all we have to di is wait for the breakout. Dropping back to the support will be the good point for buys and break above directly will be give buys on retest.
Читать полностью…Hey fellas!! Great news for y'all 🥳
Due to a lot of request from our community for a massive Pancakeswap GEM call. We have decided to share next Guaranteed 5x-10x PancakeSwap GEM call for you guys. Our Team is validating Bunch of amazing projects which are so undervalued but have best potential.
Note : some key points if you want us to validate your project.
- CMC and CG list
- Liquidity lockup’s
- Token lockup’s.
- Project Idea , Team and Development
- Dex and Cex exchange listing
- Roadmap Implementation
- Upcoming events
- Product Market Fit
- FA & TA.
Meanwhile you can transfer a little fund in BNB or USDT(BEP20) on MetaMask or TrustWallet! so you don't miss this great opportunity because this pancakeswap GEM is going to list on tier1 exchanges in upcoming days.
Date & time of Pancakeswap GEM call : 4pm UTC,March 28
Exchange: Pancakeswap
Stay tuned. Happy trading 😊
What Is an Off-Ledger Currency?
An off ledger currency isa currency which does NOT reside on blockchain or other distributed ledgers, which includes all currencies employed by nation states. While an off-ledger currency isn’t developed specifically for a blockchain, they may be used in it thanks to their utility and wide acceptance. For instance, Ripple’s Ripplenet and the Stellar blockchain may be able to transfer and convert off-ledger currencies worldwide via their bridge currencies, XRP and XLM, respectively.
Fiat money is an example of an off-ledger currency since it is issued by the central banks outside blockchain networks. The United States dollar (USD) is a prime example of an off-ledger currency, which is used worldwide because of its worth and is typically held as a reserve currency by most financial institutions. Unlike an on-ledger currency, it is centrally controlled and issued without any limits.
As a consequence, off-ledger currencies do not have any intrinsic value. Rather, their value is derived from a government’s backing and subsequent declaration as legal tender. Central banks’ right to issuance and control fiat money gives them absolute power and influence over the economy. Unfortunately, they can still be counterfeited by malicious actors. And if their issuance is left unchecked, they can incur negative effects to economies.
Unlike an on-ledger currency, they don’t need continuous incentivized computational power (or other consensus mechanism requirements) to exist. Some off-ledger currencies are actually digital fiat equivalents, being used on blockchains like USD or EUR due to their stability and popularity. Fiat-based stablecoins (tokens pegged to the value of nation state currencies) may fall under the definition of off-ledger currencies since their value is still derived from off-ledger currencies.
#TOTAL2 QUICK MARKET UPDATE :
#TOTAL2 didn't made a deep retest and broke the resistance trendline with a similar pattern to #BTC IH&S formed in it. Looks, like the correction is over and we can consolidate for a week here. Now, the inverse Head and Shoulder must needs to break above the $1.17T mark/ resistance to confirm. A break will start push in alts rally and potentially towards the Resistance around $1.35T.
#Bitcoin made a successful retest back to the support, which is good for the market. Now, we can expect a high probable bounce from here and break all its minor resistances and major once too. Also, you can see a Inverse Head & shoulders forming in the market, so chances are pretty higher.
Читать полностью…What Is an Off-Chain Transaction?
An off-chain transaction differs from an on-chain one because it occurs outside of the main blockchain network. It's a solution to the delays and costs associated with on-chain transactions.
Take cryptocurrencies like Litecoin, Ethereum, and Dogecoin, for example. While each has its unique features, they all share the decentralized nature of Bitcoin. They use a network of nodes to validate transactions, enabling users to send money globally, regardless of location.
To address the limitations of on-chain transactions, people turned to off-chain solutions. These second-layer protocols operate outside the primary blockchain, offering faster and cheaper transactions.
The second layer involves projects and protocols built on top of the base blockchain to enhance technology and user experience. When users find shortcomings in a public blockchain, they turn to these solutions for improvements.
Off-chain transactions can be as simple as two parties agreeing on a debt between them. Unlike on-chain transactions, these off-chain deals don't touch the blockchain, allowing for instant execution and minimal fees.
Users can set up channels for off-chain fund transfers, exchanging private keys with their wallets. They can conduct multiple transactions until ready to settle, at which point they record the final value on-chain.
Popular off-chain protocols like the Lightning Network and Liquid Network offer solutions to blockchain scalability issues, ensuring quick and inexpensive transactions. However, they come with limitations, such as the need to lock up Bitcoin in the Liquid Network and finite capacity in payment channels.
Off-chain transactions excel in speed, cost-effectiveness, and privacy. They're ideal for those seeking quick, cheap, and discreet transactions.
#BTC.D UPDATE :
#BTC.D (#Bitcoin Dominance) didn't moved alot but Altcoins got strong dips with the #BTC crashes but Dominance remains nearly the same as it was. This shows strong sustainability as soon as #BTC recovers, alts will start the rally again. Also, Index floating below the resistance is a good sign of that.
What Is Offline Storage?
Offline storage refers to the storage of private keys of an account and the funds contained within in an offline device, which means it does not maintain a constant and continuous connection with the internet. This is done to prevent unauthorized and/or malicious access to the device, which can result in theft or misuse of user funds. Offline storage ensures that attackers have no way of accessing the device, making it theoretically impossible to steal crucial and sensitive financial information.
This is opposed to online storage, in which data is kept on devices with an active connection to the internet. Despite encryption and other security measures, there is still a possibility of bad actors accessing the private keys of online storage by bypassing or breaking security measures since the device can be attacked without any time constraint.
In contrast, offline storage devices still come online for a brief period when a transaction has to be sent to the network. However, most go offline as soon as it’s done. Even when a cyber thief is able to access a transaction, the thief would not be able to view the private key used for it. This makes it tremendously hard, if not nearly impossible, to attack the device in this short time window.
Typical examples of offline storage devices are hardware wallets like Ledger, Trezor, KeepKey, as well as offline devices such as CDs, USBs, offline computers, etc.
#BAKE formed the support on Daily TF and clearly moving up. Market is also stable and moving up, so now it look good for buys till a open of Resistance Area of $0.539. Moreover, it falls back to support or lower then the final support will be at $0.35.
Читать полностью…#BTC Moving as per the Pattern build-up and flipped above the resistance area. Price still not broken the neckline which will confirm the pattern. In between, price can retest the support zone back to $66,000 before moving up. Weekly TF also made a deep retest but not significant for now, so moving higher from here is high probable.
Читать полностью…More ETH is burnt via transaction fees than the amount of new ETH issued. Since the Merge, we have observed a net reduction in the total circulating supply of -410k ETH. Now, This Indicates the lower Circulating supply of #ETH in coming years and eventually impact the price.
Читать полностью…#BITCOIN WEEKLY TF UPDATE :
#BITCOIN made a deep correction now and as always said, its good to have the deep corrections with the rising market. Now, Weekly candle doesn't giving any significant sign but yeah it made its closing below the support of #ATH. But also, price already made a retest back to the lower support too around $62,000. So, You can expect the bullish continuation from next week.
During high-activity events where there is an influx of demand for Ethereum blockspace, fees can escalate to over $30. Prior to Dencun, fees on roll-ups were somewhat dependant on mainchain fees, and have seen their fees increase up to a maximum of $2.50 during similar situations.
Читать полностью…#BITCOIN DAILY TF UPDATE :
#BITCOIN goes as predicted as Structure turned bearish and moving lower it. Price nearly goes towards the support zone and bounced. Well, there're still chances of coming back and as Weekly TF did a stop Hunt of the previous high. Also, you can see Daily TF, is congesting, so a Market structure shift to the bullish side is important.
Here's the Analysis of #JUP :
#JUP is been moving up with the trendline and going through a small correction phrase. Currently, price is retesting the trendline as support and potentially bounce from there. That buys could be a risky one but at the same a good one, so you can accumulate some here and rest at $1.00.
#MASK made its clear move to the upside and rejected the support zone on Daily TF and H4 TF too. If you made the buys then its good or you can wait for a retest back to a formed support before entering or below $4.60 .
Читать полностью…Here's the Analysis of #FRONT :
#FRONT made a rise from its fundamental events of rebranding and now correcting itself. Price kinda ranging between the zone and made a very steep Falling Wedge Pattern. Price is expected to have a bounce from the support zone of $1.66 - $1.22. But Right now, its kinda but unclear, so wait for the breakout either side and ride the move thereafter.
So, let's connect the dots between increased capital coming in and its impact on both the realized capital and, more notably, the Realized Profit metric. This week, we saw the Realized Profit metric spike significantly, surpassing its long-term average by more than one standard deviation due to high levels of on-chain spending.
These developments closely resemble the conditions observed at the onset of previous 'Euphoria' phases, akin to the bull markets of 2017 and 2021.
#Bitcoin reverse off from the itty bity support zone and the major move came with the #FOMC news and Statements. Price now break and close above the zone, shows strong buying pressure and sustaining above it. Now, we can expected the continuation from here but the only problem is the minor resistances, so if you bought the dip then just hodl and watch.
Читать полностью…Here's the Analysis of #MASK :
#MASK is been strongly rejected from the Major Resistance Zone of $5.25 - $5.34 and reached the other end of the market at Strong Support Zone around $4.11 - $4.18. Well, market looks pretty scary Right now, so a close below candle will lead the any short drop in #MASK, so take it accordingly.