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#ADA making a strong push the market conditions and also flipping the resistance area into support area. Lower positions are in 17% in profits and now with a close above candle, we can take buys on the retest of the flip area.
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What Are Physical Bitcoins?
The idea of creating various physical forms of Bitcoin (BTC) has been around ever since the cryptocurrency’s creation. Whilst Bitcoin is thoroughly a product of the digital age, there has nonetheless been interest in practices such as printing out private keys and safeguarding them in the form of physical items, or finding ways to make digital assets feel more like traditional fiat currencies through a physical token. Having something physical in hand appeals to many people and this approach has driven an entire subset of the crypto community to develop the concept of physical Bitcoin. Many are also interested in the item’s potential as a collectible object.
There are many different ways to transform a virtual currency into a physical object: most frequently, by making a coin that replicates the familiar experience of cash.
A physical Bitcoin essentially has three aspects. The creation of a physical coin, which, however, in itself implies no virtual value. Then there is the appealing design of the front side of the coin — yet again, this is done only for cosmetic reasons. The design can be a simple logo or a more elaborate design concept. The third and final aspect is the posterior side of the coin. Coins that have a blank side are known as blanks. In this case, this means that the coin is not loaded with any Bitcoin or Bitcoin addresses.
You might well be asking yourself, how can this physical item potentially be transformed into Bitcoin? Two further components are needed for this, similar to the principle behind paper wallets. The first is the provision of a public key, which is hidden from plain sight. It should, however, still be accessible to the holder when needed. The holder can read the public key on the backside, in different ways, depending on how the physical Bitcoin is designed and configured. This allows him or her to spend the Bitcoin that is stored on the physical coin.
The second component is the safekeeping of a private key, which is typically done using a tamper-proof hologram in order to ensure maximum security.
#ADA given a break below of the triangle to the downside and retested the major support zone. Price already strongly bounced from there and might gonna have a recovery. If you bought it then its good, else wait for the flip of $0.48/$0.50 Level.
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Here's the Analysis of #ENA :
#ENA recently got listed in #Binance and other Exchanges, so price is not enough to do so. Currently, its been retesting the support zone of $0.87 - $0.90. Also, price travelling inside the Falling Wedge Pattern, so a breakout is needed to take the potential buys, current buys will be high risk, so take it accordingly.
What Is Phone Phishing?
Phone phishing, also known as a telephone scam or vishing (voice phishing), refers to the practice of using fraudulent and malicious phone calls to extort money or sensitive information from victims. Phone phishing involves attackers impersonating trusted institutions or parties for personal gains.
Attackers would often call unsuspecting victims, offering them extended warranty on products, services, antivirus software, charity donations, or even free vacations. They then proceed to ask for victims’ credit card numbers and other financial information.
Hackers may rely on fear tactics and threats to force people into giving them money. They commonly prey on the most vulnerable types of people such as immigrants, threatening them with arrests, fines, or even deportation if they do not pay taxes or a solicited amount of money. Phone phishing scams may also involve ultimatums or urgent warning messages to intimidate victims into responding spontaneously.
In 2018, phone phishing schemes have accounted for more than $48 million in losses in the US alone. Unfortunately, the practice is still on the rise even today, which is why people must get informed on common phishing tactics to prevent falling prey to future attacks.
#TOTAL MARKETCAP ANALYSIS :
#TOTAL MARKETCAP turned bearish with the structure and we can all see the reaction in the market too. Index Kept on driving lower towards the support zone of $2.07T -$2.17T. Now, this support needs to hodl properly as if broken then can see some clean moves down towards the $BTC reaching $54,000 - $55,000. Just tighten the stops and wait for the movement.
What Is a Dust Transaction ?
Dust is a very small amount of cryptocurrency, usually worth less than one cent, that cannot be traded or sold on an exchange. This usually occurs when a user makes multiple transactions or trades, and the leftover amount is too small to be sold or exchanged.
More often than not, the value of dust in a dust transaction will be significantly lower than the actual fee for moving the tiny particles. In many cases, this is the reason why these fractions end up gathering across wallets and rarely see the light of day.
Occasionally, a significant number of separate dust transactions will be maliciously used in what is known as a dusting attack — a deliberate act of transferring almost unnoticeable amounts of cryptocurrency to random wallets in order to then track activity within the wallet and break down the anonymity of its owner.
However, dust transactions are not only used nefariously. There are some charitable organizations, such as Dust Aid, which allow users to sweep up pockets of dust from their wallets and donate them to good causes.
Crypto dust can be annoying, especially if you are trying to manage your crypto portfolio efficiently. Too much dust can cause a backlog of transactions and can prevent larger transactions from going through. However, it can also be a useful tool for diversifying your portfolio, as it allows you to buy small amounts of many different cryptocurrencies. Ultimately, it is up to the individual to decide if crypto dust is something they want to deal with.
#ADA still consolidating and moving within the area and price formed the new triangle pattern. Price broke the pattern and zone previously but still moving there, and now it need to break the new pattern, so keep the stops tight and in case you accumulated then hodl strong.
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Here's the Analysis of #XRP :
#XRP is been Strongly bouncing off from the major Support Zone of $0.46 and kinda started ranging too. Price made a small channel pattern where price is trying to breakout but movement doesn't seems promising, so wait for the setup to appear or form properly. A Daily Candle closure above $0.50 will be good for potential buys setup.
we can see their Realized Profit / Loss Ratio has gone exponential and vertical. By definition, this is a result of there being no LTHs in Loss when the market has only recently broken above the last cycles ATH. This is further fueled by the aforementioned uptick in LTH profit taking.
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#BTC made retest back to the resistance area, and falling lower as expected. Price did gave a fakeout which added some confluence to the lower push. Now, a wick-fill is expected and retest to $60,000. a Liquidity grab is expected below $60,000 mark and tap-in support at $59,550.
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What Is Layer 0 in Blockchain?
Layer 0 protocols are essentially the infrastructure upon which Layer 1 blockchains can be built. As a foundational layer to blockchain networks and applications, Layer 0 protocols are among many solutions aiming to fix the challenges the industry faces, such as scalability and interoperability.
A blockchain ecosystem can be classified according to the following layers:
Layer 0: The underlying infrastructure upon which multiple Layer 1 blockchains can be built.
Layer 1: Base blockchains used by developers to build applications, such as decentralized applications (DApps).
Layer 2: Scaling solutions that handle activities off Layer 1 blockchains to ease their transactional loads.
Layer 3: Blockchain-based application layer, including games, wallets, and other DApps.
What Problems Can Layer 0 Solve?
> Interoperability
Interoperability refers to the ability of blockchain networks to communicate with one another. This property enables a more tightly interwoven network of blockchain-enabled products and services, which in turn offers a better user experience.
> Scalability
A monolithic blockchain such as Ethereum is often congested because a single Layer 1 protocol is providing all the critical functions, such as transaction execution, consensus, and data availability. This creates a bottleneck for scaling that Layer 0 can alleviate by delegating these critical functions to different blockchains.
> Developer flexibility
To encourage developers to build on them, Layer 0 protocols often provide easy-to-use software development kits (SDKs) and a seamless interface to ensure developers can easily launch their own purpose-specific blockchains.
https://twitter.com/AscendEX_/status/1779813261057351842?t=TcL0uuYfsRSynB2boEQY_g&s=19
BitFloki is unstoppable with back-to-back listings: first #MEXC, then #XT, and now #AscendEX! 🌟 But wait, there's more – a Tier 1 listing is already in the pipeline as per official tweet! Get in while it’s still cheap to accumulate here🚀✌️
•Mexc buy link: https://www.mexc.com/exchange/BFLOKI_USDT
•PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
We can also see that STH Realized losses spike during dips as local top buyers panic spend on expectations the market may go lower. The magnitude of realized loss is also increasing for each successive correction, which suggests a growth in the volume and size of top buyers for each leg higher.
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#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF,goes all the way down towards the $60,000 level of support and even wicked below it. Price kept on testing the support area and rejecting multiple times. Now, focusing on the Market structural shift in Daily TF, to turn the price bullish, and H4 is already into play.
Here's the Analysis of #SUSHI :
#SUSHI is been lying on the strong support zone of $0.92 - $0.95 and kinda ranging from last 5 Days. Price made a stop hunt to the down side, showing the potential upmove might come. You can attempt buys here with lower lots and add more as soon as price break the resistance (Range top).
We can see a positive momentum signal to what has been in play since July 2023, suggesting the flow of coins in and out of exchanges is also heightened. The monthly average of total Exchange Flows (inflows plus outflows) is currently at $8.19B per day, significantly higher than the peak in the 2020-2021 bull market.
Overall, Bitcoin’s YTD price action is supported by a significant uptick in spot trade volume, and exchange flows onchain.
#BTC made a quick dump as soon as the news came out over Israel will attack Iran. Price Nearly enters the support but we can see a quick recovery too. It shows the market optimism but still we caught up in a range, so waiting for a break would be better.
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OVER $6,300,000,000 WORTH OF SHORTS WILL GET LIQUIDATED IF BITCOIN HITS $71K
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As Long-Term Holder (LTH) realized profits rise, their sell-side risk ratio has also increased, especially since October 2023. This trend aligns closely with previous all-time high breaks, indicating that distribution pressure and profit-taking by LTHs mirror past cycles. In summary, the current market behavior suggests a familiar pattern of LTHs managing profits and risks, similar to historical trends.
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#BTC goes with the dip down back to the support zone as expected, and made a wickfill. Price bounced from there but still maintaining the bearish market structure. Well, its still a worth to watch the price action and also a good area to re-accumulate.
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#BTC.D UPDATE :
We saw a breakout of the resistance area and alts tighten up the positions as expected. With that, #BTC also dumped due to major fundamental events, now market is slowing down a bit and alts trying to recover a bit. Now, we still have room for a tiny bit of correction, before started moving up.
#Bitcoin again dipped and moved back and forth just above the support zone. On HTF, price still going on with the consolidation and expecting nothing unless a break of the resistance around $65,000 or support happens.
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What Is a Pegged Currency?
A pegged currency or currency pegging is the process of a country attaching, or pegging its exchange rate to another currency, or basket of currencies or another measure of value. As such, pegging is sometimes referred to as a fixed exchange rate. A currency peg is something used in order to provide stability to a currency by attaching its value, which is at a predetermined ratio, to add different and more stable currency.
Pegged currency provides benefits, as it is a fundamental basis for a government that is planning to promote credibility as well as discipline in monetary policies, and this is especially the case of impoverished as well as unstable economies.
Businesses can gain a competitive advantage in the International markets against rivals that face forex risk. Countries that do not adopt currency pegs however are susceptible to foreign influence, and this leads to trade imbalances where it might be difficult to attain an automatic exchange rate adjustment. A minor deviation from the peg could lead to heavy speculative attacks as well.
When we discuss pegged currency in the world of cryptocurrencies, stablecoins are the most recent version of pegging in the crypto world. A stablecoin is a currency whose value is pegged to a real-world asset, such as a fiat currency. There are many projects out there that involve stablecoins., and they perform an important function in an industry that is known for its high volatility when it comes to prices. Stablecoins offer the utility to easily convert crypto coins into FIAT currencies. Stablecoins can also solve liquidity issues on crypto exchanges, and the technology can even create paths for more financial services, such as loans and insurance to be implemented within the world of cryptocurrencies.
#MAGIC pushed a little bit more and goes around 34.6% in profits and now dipping back with the market conditions. Well, We already took the major profits top there and now it better not to buy on the retest and wait for the strcutural shift.
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Here's the Analysis of #DASH :
#DASH is been strong rejected from the bottom of the Major Support Area of $25.54 - $26.27 and still maintaining the bearish market structure. Price already retest and structural resistance and moving lower again. Its better to wait for the support to form on HTF, before entering any buys.
#AscendEX will list $BFLOKI on 17th April, 16:00 UTC.
https://twitter.com/AscendEX_/status/1779813261057351842?t=TcL0uuYfsRSynB2boEQY_g&s=19
BitFloki is unstoppable with back-to-back listings: first #MEXC, then #XT, and now #AscendEX! 🌟 But wait, there's more – a Tier 1 listing is already in the pipeline as per official tweet! Get in while it’s still cheap to accumulate here🚀✌️
•Mexc buy link: https://www.mexc.com/exchange/BFLOKI_USDT
•PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
Countdown Alert! Less than 4 hours until BFLOKI Launches on XT.com! 🌐
• Listing Price: $0.00012🚀
• Check out the full information on XT's official announcement : https://xtsupport.zendesk.com/hc/en-us/articles/31042547390617-XT-COM-Announcement-on-Launching-BFLOKI-bitFloki
• Currently available on Mexc & PancakeSwap
• Mexc buy link: https://www.mexc.com/exchange/BFLOKI_USDT
• PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
#ADA forming a triangle pattern and with the market condition, it better to watch out the breaks. The pattern break is not enough to good to go, a break of resistance is also needed to take the potential buys. Short-sells are also there, but range is not enough to take it. Plan the setup accordingly.
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