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The current Bitcoin rally has triggered $20.4 billion in realized profits since reaching new all-time highs. This is significant but still falls below historical patterns, where profit-taking typically reached $30-50 billion before market momentum slowed.
This lower profit-taking level suggests the current rally may have more room to grow before hitting the usual exhaustion points seen in previous cycles. Historical data indicates investors aren't yet cashing out at rates that typically signal a market top.
#BITCOIN DAILY TF UPDATE :
#BITCOIN broke the consolidation range and floating near the $100,000 milestone. Well, Nothing as of now, Price is teasing near the $100,000 level and in case next week we might have some retracement if we don't see a hit of $100,000 in this weekend.
Bitcoin has entered a new price discovery phase, putting all of the circulating supply into profit. This chart shows the percentage of supply held in profit, alongside the count of consecutive days each month where this metric is more than 95%.
Historically, these euphoric phases have persisted for around 22 days before a correction occurs, pushing more than 5% of the supply below the original acquisition price. The current rally has maintained this high-profit level for 12 consecutive days, underscoring strong market sentiment but also hinting at the possibility of a correction ahead based on past patterns.
#BTC continues it rally and kept on printing bullish candle with a 1-2 bearish candle as pullback in LTF. We're near to the historical price point for $100,000. Sooner or later we'll see a tap into $100,000 milestone.
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Here's the Analysis of #DOGS :
#DOGS having a bit less price to analysis but formed a good support around $0.00048 - $0.00054 and Strong Resistance area at $0.00079 - $0.00083. Its a range and wait for the price to have a breakout of the zone. Overall, #DOGS community trying to build a strong, but going less with the risk.
The recent Bitcoin market has seen remarkable investor enthusiasm, with U.S. spot ETFs attracting $8.8 billion in just 30 days. This impressive growth exceeds the $6.9 billion increase in CME futures, revealing a strong preference for direct spot market investments.
Investors are increasingly choosing ETFs over traditional futures, signaling growing confidence in Bitcoin's market potential and a strategic shift towards more accessible investment methods.
#ALT dipped back to the expected support zone and gave a reaction from there around 7% in favor. #BTC needs to stable down and to have a altcoin rally in the market.
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What Is a Toll Bridge?
A toll bridge is a bridge powered by a smart contract where a monetary value called a toll fee unlocks access to extra functionalities. In the blockchain world, a toll fee is a key to unlocking vested cryptocurrencies.
A major blockchain project to initiate a toll bridge is DAO Maker, whose mission is to provide a safe and decentralized launchpad for startups.
The feature comes with the dynamic coin offering (DYCO) framework, which allows startups to seek investments and ensures project developers remain on course. With this fundraising model, investors have the option to request a refund in case the project veers off its original roadmap.
The smart contract handles factors such as toll bridge burns and claims. The toll bridge claims consider factors such as the vesting schedule and the days since the token generation event (TGE).
Using the bridge requires the MetaMask extension to connect to a whitelisted wallet. A successful connection gives the option to unlock funds from the bridge. Notably, the bridge allows token buyers to exit the vesting schedule before the time is over. However, they have to forfeit part of their tokens through burning.
Note that the more days the funds remain unlocked, the fewer the toll fees you pay when you exit before the vesting period is over. Note that users who go through the full vesting schedule without passing through the toll bridge get 20% of their locked coins every three months.
#TOTAL MARKET CAP :
#TOTAL hit the mark of $3 Trillion and given a close above too which is a bullish indication. Overall, market now expected to mover new Higher high with the successful closures. Good part is that, Index Sustaining the previous All Time High levels.
Here's the Analysis of #TON :
#TON is build a strong support zone of $4.60 - $4.88 and broken the small downtrend channel pattern. Price shifted the bullish phrase and expected to move further higher towards $6.95.
What Is TokenSets?
TokenSets is a new smart contract platform from Set Protocol that allows for the creation and trading of baskets in the form of tokenized assets without having to write any code. It’s a decentralized protocol that enables automated portfolio management of multiple crypto assets. TokenSets was built to be easy to use for anyone, including those who are new to crypto and DeFi.
How to Create a Portfolio on TokenSets?
There’s a three-step process on portfolio creation on TokenSets’ website. After creating your portfolio, you can use a variety of options including rebalancing, managing, selling, etc.
It’s fairly easy to use with just a few things to be selected by you. TokenSets does the work on your part and you don’t have to be involved with the platform as is the case with many other applications. Users set parameters for a Set, and the Set will then automatically trade, rebalance, and execute strategies to meet the goals set by the user.
TokenSets provides traders with a simplified way to invest in sophisticated trading strategies, like buying and selling based on the price of an asset reaching certain levels. Users can simply specify their investment amount and get exposure to a strategy.
TokenSets works by allowing users to invest ETH or ERC-20 tokens into Set Tokens. These Set Tokens are ERC-20 tokens that represent a user's share in an underlying basket of assets owned by TokenSets. The user's share depends on the value of the underlying basket of assets.
Sets are digital assets that represent a diversified portfolio. They can contain one or more digital assets, and may also contain other Sets. The value of a Set is dependent on the values of the underlying assets it contains, weighted in accordance with their weightings. Its price is dynamically calculated at each block based on the prices of its underlying assets.
Sets allow users to obtain exposure to a basket of assets in one transaction, without having to manage and rebalance the portfolio themselves. Similar to ETFs, such as QQQ, DIA, or SPY, Sets provide investors with broad exposure to an asset class by investing in a single token (rather than buying many individual assets).
#BEL achieved the 2nd target and still pushing and expected to 3rd target very sooner. Price made a high of $0.66 which is 18.8% in profits.
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#GOLD UPDATE :
#GOLD reacted a very decent move from the support zone but eventually broken. Price reached the support zone of $2555 - $2559 and trying to have a reversal. Price changed it structure and likely to move further higher
#BTC build-up a new consolidation range with resistance at $92,550 and support at $89,800. We have minor news in this week, and expect a breakout either sides.
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Use Cases for Tokenized Identity
Tokenized identity can be used by protocols in order to ensure the integrity of processes. For example, it could be used in airdrop distribution practices to enhance security and reduce Sybil attacks. This is to ensure that tokens are distributed to verified and eligible users, not bots.
It could also be used in DeFi protocols to ensure users who fulfill certain requirements (e.g. having a verified government-issued ID, collateral requirements, on-chain activity, wallet address reputation checks, etc.) can access features like lending or borrowing. This provides better cybersecurity protection and reduces the risk of hacks or exploits on a protocol.
In the context of web3 gaming, game developers should ensure every player on their platform is unique, especially when rewards or competitive play are involved to ensure the integrity and fairness of the game. Tokenized identity can be used to distribute in-game rewards securely. This is because it would determine that rewards are being claimed by legitimate players who maintain control of their wallets, preventing issues like reward farming through multiple accounts or unauthorized access.
Another notable use case for tokenized identity is regulatory compliance, specifically Know Your Customer (KYC) and Anti Money Laundering (AML), through identity verification and government-issued ID checks.
Tokenized identity can be used to prove users have verified identities without revealing sensitive personal information every time. Additionally, with the implementation of Markets in Crypto-Assets (MiCA), many crypto-asset service providers need to prepare for verification compliance, and tokenized identity can help streamline this.
Benefits and Challenges
With tokenized identity, data protection can be preserved as users can have more control and use of their identity data, from sharing portions of their identity data to revealing it completely. This is important to protect individuals from being unfairly targeted by groups such as governments and corporations. Additionally, since a user may not need to share sensitive data directly and constantly validate a user’s identity, tokenized identity could help reduce the risk of identity theft and data breaches.
The immutable nature of the information stored on the blockchain also means that certain behaviors can be proved if necessary. As transaction data is immutable and cannot be altered retroactively, tokenized identity provides a tamper-proof record of transactions. This can be crucial when it comes to instances like election voting, healthcare where historical information needs to be reliably accessed, banking loan applications, real estate to verify transfer history, and more.
Another advantage of tokenized identity is its interoperability across various decentralized applications (dApps). Users are able to prove their specific identity attributes without sharing extensive information repeatedly, streamlining the interactions in Web3.
However, there are challenges when it comes to the use and implementation of tokenized identity. The issue of data storage, i.e. the feasibility of storing user data in a completely decentralized and non-accessible way, continues to be challenging because it is expensive and operationally complex to set up. Cross-chain portability of the tokenized identity also remains an area of opportunities, since people may want to take their verified credentials to dApps in other ecosystems.
Another hurdle for tokenized identity is regulatory compliance, which varies by jurisdiction and will make implementation challenging. For example, European countries must adhere to the General Data Protection Regulation (GDPR)'s strict rules on data processing, user consent, and the right to be forgotten. Other regions, like the U.S., have their own laws, such as the California Consumer Privacy Act (CCPA), adding complexity to global implementation. Balancing these regulations with the decentralized nature of tokenized identity could be a challenge.
#ENA exactly rejected from the $0.50 level from support and moved around 33.4% in profits. Price near to its resistance area, so you can book some profit right here and hold major position for the Bull run. Waiting for the flip of the resistance to have the buys again on retest.
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Here's the Analysis of #TURBO :
#TURBO dip inside the strong support zone of $0.0071 - $0.0077 and also getting it support from the trendline. In other way price forming a triangle pattern and expected a bounce through here, and buys looks good after $0.0081 on a retest.
$ALT made a high of $0.117 which is 16.2% in profit. Price reached the resistance area already and better to lock some profits here and hold rest to breakeven. Potential scale-in can be done at $0.11 targeting the top resistance at $0.135 - $0.140.
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🇺🇸 SEC Chair Gary Gensler to resign on January 20
US seems to go strong wing for crypto 🙌
Here's the Analysis of #HBAR :
#HBAR got it hard rejection from the major resistance area of $0.152 - $0.157. This is the weekly TF, and on Daily we have some retracement going on $0.1 will be good area for buys.
#BTC created new All Time High Back to back and hit the over $97,000. Well, that a very for the crypto market we 're approaching towards the $100,000 mark very soon. Right now, we have no levels to marks, have to wait for the retracement.
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Investors are showing strong interest in Bitcoin spot ETFs, with $8.8 billion in new investments over the past 30 days. This significantly outpaces the $6.9 billion growth in CME futures, signaling a clear market preference for direct spot market exposure through exchange-traded funds.
The substantial inflows highlight growing institutional confidence in Bitcoin and a strategic shift towards more straightforward investment vehicles.
#BTC attempted to have a breakout of the drawn resistance and but looking into daily TF, it got a rejection. Price can retrace a bit lower form here, turning it into the fake out now.
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#BEL achieved the 3rd target of $0.72 and made a high of $0.76 which is 36.6% in profits. Book more and hold rest for further targets.
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Coinbase's trading data shows strong buying pressure for Bitcoin, with daily buyer volume reaching $143M, close to March's peak of $152M. Since July, each Bitcoin price rise has been backed by heavy buying on Coinbase, suggesting real investor demand rather than just speculation.
In short
Big buyers are actively purchasing Bitcoin on Coinbase, nearly matching March's record levels. This shows the current price rise is driven by actual investors buying Bitcoin.
#AUCTION going non stop towards the target and made a high of $16.28 and with 10x lev we're in 268% profits.
Enjoy the ride and keep booking profits
MicroStrategy to raise $1.75 billion to buy more Bitcoin 🙌
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Here's the Analysis of #AUDIO :
#AUDIO is been moving very clean inside the consolidation range and rejecting pin precisely both sides. Price need to see some sort of breakout either side and take the longs after that. The next key area of resistance will be $0.238 - $0.250.