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#BTC dropped more than what we expected but the further drawn zones worked perfectly. Price once again rejected the zone very sharply around $95,000 - $95,300. Daily Candle must sustain above the $95,000 level, which will maintain the bullish market structure.
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What Are TEEs?
Trusted Execution Environments (TEEs) are secure areas within a main processor. They provide a protected space where sensitive code and data can operate without fear of tampering or observation from the outside world. In the context of web3, think of TEEs as impenetrable vaults within nodes or validators, safeguarding private keys, confidential smart contract data, and critical decentralized application (dApp) operations from potential threats in the broader network environment.
The concept of TEEs isn't new. It originated in the mid-2000s when the Open Mobile Terminal Platform (OMTP) defined them in their "Advanced Trusted Environment: OMTP TR1" standard. This standard outlined two security profiles: one targeting software attacks and another addressing both software and hardware threats.
At their core, TEEs consist of two main components: a hardware isolation mechanism and a secure operating system running on top of that isolation. This combination creates a robust barrier between the TEE and the rest of the system. Only trusted applications have access to the full power of the device's processor, peripherals, and memory within this protected zone. Meanwhile, the hardware isolation shields these resources from user-installed apps running in the main operating system.
TEEs rely on a "hardware root of trust" to prevent simulation by user-controlled software. This root of trust is typically a set of private keys embedded directly into the chip during manufacturing. These keys are immutable and serve as the foundation for the TEE's security model.
TEEs have become increasingly used in web3 to enable privacy-preserving smart contracts and enhance the security of decentralized applications. This trend has led to the development of TEE-based "confidential computing" platforms specifically designed for blockchains. They allow developers to build dApps that can process sensitive data off-chain while still maintaining the trust and transparency benefits of blockchains.
What Are They Used For in Web2?
TEEs have a wide range of applications across various industries, and are included as standard in all new NVIDIA H100 GPUs. They're commonly used in Digital Rights Management (DRM) to protect high-value content like 4K movies or premium audio from unauthorized access or copying. In the realm of mobile financial services, TEEs secure mobile wallets, contactless payments, and point-of-sale terminals by safeguarding sensitive financial data.
Authentication is another key use case for TEEs. They provide a secure environment for biometric identification methods such as facial recognition, fingerprint scanning, and voice authorization. Enterprises and government organizations leverage TEEs to handle confidential information on mobile devices and server infrastructure securely.
In the world of software development, TEEs enable secure modular programming. They allow for the creation of isolated, secure modules within larger software systems, enhancing overall security and reliability. With the rise of digital assets, TEEs are increasingly used to implement secure crypto-wallets, offering enhanced protection for storing and managing tokens.
#MASK push further upside and running profits around 18.90%. With that, the next strong resistance area is at $4.69 - $4.77. Try to scale-in with the trade and targeting the resistance mentioned.
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Here's the Analysis of #AR :
#AR flipped the key resistance area and making it into the major support zone of $25.91 - $26.71. Price gave a minor break of the trendline and still we can expect it to move higher as market is overall bullish. The next target area would be resistance around $34.64 - $35.43.
#ADA Update
Can't confirm anything yet
Wait for the proper news to out
The Long-Term Holder (LTH) Liveliness metric helps gauge Bitcoin holder behavior by measuring the balance between holding time and spending time. While the current supply distribution rate is higher than the March peak, the volume of coin destruction remains relatively low. This suggests that the Bitcoin being sold is from more recently acquired coins (around 6 months old) rather than long-held, older coins. In other words, the market is seeing active trading, but not a massive liquidation of long-standing Bitcoin holdings.
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#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, Attempting to cross the build up resistance and need to a closing above $98,000 and best case will be $100,000 level. With that closing, price build the new support at $97,000.
Long-Term Holders are currently selling about 0.27% of their Bitcoin supply daily, which is historically significant. Out of all trading days recorded, only 177 have seen a higher rate of distribution. Notably, the current selling rate is more aggressive compared to the March 2024 all-time high, indicating a strategic and potentially calculated approach to selling their Bitcoin holdings.
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#ENA kept on rising and a new higher high. All trades working perfectly 215%, 128% and 64% in profits and try to secure some more profits here.
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Here's the Analysis of #STX :
#STX moving within the uptrend channel pattern and given a slightly break too. Price still bullish and expected a push towards the next key resistance area of $3.08 - $3.13.
#AUCTION had a very great pump and achieved all the target. Trade gave profit around 84% with 10x its around 840% profits.
Enjoy
Bitcoin is approaching the $100,000 milestone after reaching new all-time highs. Long-Term Holders (LTH) are now selling their Bitcoin holdings, taking advantage of the strong market. Since September, they've sold 507,000 Bitcoin, which is less than the 934,000 Bitcoin they sold during the March 2024 price rally.
The key points are preserved, but the language is more straightforward and the text is much shorter.
#BTC had a very deep retest and nearly gone to $90,000 level. Its $13,500 drop from the high, and Looking into the Daily candle market liquidated both sides player and holding the H4 support zone area. Price gaining the momentum again and trying to push over $100,000 mark again.
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What Is a TRC-10 (TRON)?
Unlike the TRC20 token, TRC-10 is a native token on the TRON blockchain that is utilized for basic token production and does not need the TRON Virtual Machine (TVM).
TRC-10 can be accessed through an API (application programming interface). TRC-10 has 1,000 times lower transaction fees than TRC20, but it necessitates additional bandwidth for API transactions and deposits.
Any account user on the TRON network can create a TRC-10 token for a minimum of 1,024 TRX. Account-holders on the network can also lock up their token individually. The issuer must specify a token name, overall value, TRX conversion rate, circulation length, definition, maximum bandwidth points per account, overall bandwidth points usage and token stake when producing tokens.
TRON is a blockchain platform that enables the creation of smart contracts, virtual machines, decentralized exchanges, decentralized applications, smart contracts, wallets and blockchain explorers.
When TRC-10 tokens are utilized in an ICO project, there are no listing fees to pay, and to develop TRC-10 tokens, no prior experience of programming languages is necessary. TRC-10 tokens' supply can be raised once they are created and they can also be burned if the tokens are returned to their originating address.
A user must have at least 1,024 TRX in their wallet to get a TRC-10 token. They are used in initial coin offerings (ICOs), blockchain-powered products, and as a payment method in decentralized applications (DApps). They have been utilized by well-known initiatives like BitTorrent token, a decentralized file-sharing service whose development process is made easier and simpler by the existence of a flexible blockchain network.
In smart contracts, TRC-10 tokens are easily transferable, mintable and upgradeable, and and if a user sends these tokens to the wrong address, they become irrecoverable.
#MASK perfectly turned into the fakeout and pumped with the overall market. Price made a high of $4.31 which is 14.2% in profits. Secure some and let the rest run for long-term.
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Here's the Analysis of #YFI :
#YFI had a very huge rally to the upside and rejected hard from the key resistance area (grey box) around $14,500 - $15,000. Now, price is going though the retracement phrase and kept on dropping towards the H4 Support area around $11,150 area. If price sustains over the level, then we can see a rally towards the previous Highs and can expect a breakout too.
In November, Long-Term Holders (LTHs) are experiencing a dramatic shift in their profit-to-loss ratio, primarily because almost all of their held Bitcoin is now in a profitable position. This indicates a strong market sentiment where nearly all LTH-held Bitcoin has appreciated in value. Historically, such periods of euphoria can persist for several months, provided there is continuous and significant new demand entering the market. The current scenario suggests a robust and optimistic Bitcoin market dynamic.
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#BTC have a good candle close on Weekly TF but now the best one, with that price formed the support at at $100,000 which currently price is retesting out and next zone is at $97,000. Have a look at these zones and try to get on the in altcoins with the area.
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What Are Treasury Bills (T-Bills)?
Treasury bills (T-Bills) are essentially short-term U.S. government debt obligations that are backed by the Treasury Department with a maturity in a year or less.
Treasury bills are typically sold in denominations of $1,000, and some can even reach a maximum denomination of $5 million when in non-competitive bids.
As such, these securities are widely regarded as a low-risk as well as a secure investment.
The U.S. government issues treasury bills to fund different public projects, for example, the construction of highways, and when an investor purchases a treasury bill, the U.S. government is writing an "I owe you" letter to the investors. This means that treasury bills are considered safe as well as conservative investments since the U.S. government backs them.
Treasury bills are held until their maturity date; however, some holders might want to cash out before the maturity and realize the short-term interest gains through reselling the investment to the secondary market.
Discussing treasury bill maturities, they can have maturities of just a few days up to a maximum of 52 weeks. Keep in mind that the longer a maturity date is, the higher the interest rate that the treasury bill will pay to the investor.
Treasury bills are issued at a discount from the face value of the bill, and this means that the purchase is less than the face value of the bill itself.
Over time, when the treasury bill ends up maturing, the investor is paid the face value of the bill they bought. If the face value amount is greater than the purchase price, the difference is in the interest earned for the investor. Keep in mind that treasury bills do not pay regular interest payments as with a coupon bond, for example; however, a treasury bill does have an interest which is reflected on the amount it pays when it ends up maturing.
#DXY UPDATE :
#DXY turned bearish as said and now moving lower after the retest, with that we saw a fruitful push in market. Now Index is approaching towards the support zone 104.87% - 105.18% where market might go into consolidation or a healthy retracement phrase.
Here's the Analysis of #ZRO :
#ZRO kept on printing the new higher high and now sitting on the structural support zone of $6.79 - $6.91 and expected to further higher in this bullrun.
#ENS flipped the zone and started consolidating over the strong support zone. Price showing strong buyer from here and need to see some sort of new Higher high sooner, attempting buys looks good here.
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#BITCOIN DAILY TF UPDATE :
#BITCOIN surpasses the $100,000 mark and dumped hard yesterday. Price rejected strong from the drawn level at support and had a indecision closing. Price moving back and forth of $100K level and expected further move with a retracement in next week.
#AUCTION another call given and achieved the 2nd target and 47% in profit and with 10x leverage its around 470% in profits
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What Is a TRC-20 Token?
The TRC-20 token standard allows for tokens to be created on the TRON network. It defines the functions that need to be implemented so that a token can be accepted as a standard TRC20 token.
The TRC-20 standard is similar to the ERC-20 standard used for Ethereum tokens and is intended to be fully compatible with it.
For the TRC-20 protocol to work correctly, the token's contract is required to implement several functions. There are three optional items and six required items that need to be defined in TRC-20 token development.
The following are some of the functions that are used in TRON's TRC20 implementation.
Optional items: Name, Abbreviation, Precision
Required items: totalSupply, balanceOf, transfer, transferFrom, approve, allowance
TRON Virtual Machine is a lightweight, complete VM. Its purpose is to offer millions of developers a custom-built system for an efficient, easy, safe, and scalable blockchain.
Before TVM was launched on May 25th, 2018, TRON had already been working on some additional functions to improve the security and usability of the protocol. TVM makes TRON more secure and robust without compromising the high TPS (transaction per second). It also enables compatibility with Ethereum. The TVM will be fully compatible with Ethereum smart contracts by using its own pluggable smart contract engine. Ultimately, this compatibility will allow Ethereum developers to easily migrate their smart contracts onto the TRON network.
TRON blockchain is an open-source protocol serving the digital content distribution space. It extends its support for several blockchains and smart contract systems. These include Bitcoin, Ethereum, and many public blockchain networks. TRON offers a multiprotocol infrastructure to developers for application development in the digital entertainment industry, allowing users to benefit from smooth multiprotocol smart networks.
It uses its own cryptocurrency (TRX) to enable access to different services offered on its platform. Customers can pay using TRX for the services they use. The platform enables one-on-one interaction between consumers of content and the content creators.
The TRON network is secured by Delegated Proof-of-Stake (DPoS), which means that the stakeholders of TRX elect Super Representatives who are responsible for validating transactions and maintaining the network.
#FTm worked pretty well, and attempted to print new Higher high still facing resistance back for previous high. Price dipped into the support zone as i hope you bought the level, trade running at decent nearly about 15% in profits. Try to secure some or trail the stops.
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Here's the Analysis of #CHR :
#CHR rally with the market movement and rejected from the strong flip level (Gray Box) around $0.37 - $0.39. Price is expected to drop till major support zone of $0.28 - $0.29 for buys. Trendline also adding the confluence to it so take the risk accordingly.
From October 8 to November 13, ETFs absorbed 128,000 BTC, neutralizing 93% of the 137,000 BTC net selling pressure from Long-Term Holders. This demonstrated ETFs' crucial role in market stabilization. However, since November 13, LTH sell-side pressure has begun to outpace ETF inflows, potentially signaling increased market volatility similar to patterns seen in February 2024.
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#BTC Fakeout worked pretty well and had a very bullish move to the upside, achieving the $100,000 milestone.
The $100,000 has been Registered on the History of the Crypto Market and It time to celebrate. Winter is in and Book profits in running position and all stuff. Nothing Much to Say Here, but this is not the end, it a beginning of the new Chapter.
Wait for the Retest and buy the Dip and 2025 will be very bullish for the crypto industry.