MicroStrategy has added another 7,420 BTC to its holdings, purchasing them for approximately $458.2 million at an average price of $61,750 per Bitcoin.
Читать полностью…FLOKI broke the triangle in an upward direction as expected. You can establish a long position at the retest of the support area. We will see a good rally if BTC remains stable.
Читать полностью…VIC Analysis :
VIC kept oo rejecting from the Major Resistance Area and Forming a Inverse Head & Shoulder Pattern, in which price on it verge to break it. Nothing much as of now, open long position after the major resistance break.
Major Resistance : $0.46 - $0.48
Educational Post
What Are Index Funds?
An index fund is a type of investment fund designed to replicate the performance of a specific index of financial markets, such as the S&P 500 or the FTSE 100. These indexes represent a collection of stocks or bonds, and the index fund aims to mirror their performance by holding a similar portfolio of securities.
How Index Funds Work
Index funds typically work by holding a portfolio of securities that closely matches the composition and weightings of the index they aim to track. For example, an S&P 500 index fund will invest in the 500 companies included in the S&P 500 index, with each holding proportionate to its market capitalization within the index. This approach ensures that the fund's performance closely aligns with the index.
Benefits of Index Funds
1. Diversification: Index funds can provide diversification by investing in a range of securities within a single fund. This diversification spreads risk across different sectors and companies, reducing the impact of any single stock's performance on the portfolio.
2. Lower costs: Index funds often have lower expense ratios compared to actively managed funds. Since index funds do not require frequent buying and selling of securities by fund managers, the operational costs are minimized, resulting in lower fees for investors.
3. Consistent performance: The goal of an index fund is to match the performance of its underlying index, not to outperform it. While this means the fund won't beat the market, it also ensures that it won't significantly underperform. Over time, this can provide investors with consistent and reliable returns.
4. Ease of investing: Index funds are straightforward to buy and sell, making them suitable for both novice and experienced investors. They can be bought through brokerage accounts, retirement accounts, and various other investment platforms.
Bitcoin continues the upward movement as expected after the FED rate cuts. We will see a continuation of the upward movement in the coming weeks because of the inflation. There may be a move towards the all-time high resistance area.
Читать полностью…BTC Liquidation Heatmap (24-hour):
There’s a strong likelihood that high-leverage short positions will face liquidation around the $61.5k mark. This liquidation event could serve as a catalyst, propelling Bitcoin toward a more powerful upward move. Keep a close watch on this level!
MANTA was rejected again after testing the resistance area. This is the crucial resistance area, and the price needs to break this level to turn bullish. The support and resistance levels remain unchanged.
Читать полностью…FED Rate Cut Tomorrow: Here’s What We can Expect
1. Instant Pump: The market reacts quickly with a surge.
2. Profit Taking: Short-term holders and retail traders sell, causing a brief dump.
3. Sell the News: We see a dip as people sell on the event, leading to accumulation.
4. Market Clean-up: After some boredom and loss of hope, the market gets clean and pumps non-stop.
The number of Bitcoin addresses sending coins to exchanges has dropped to its lowest since 2016, which may suggest reduced selling pressure.
Читать полностью…Bitcoin is currently trading around $58,000. There might be more sideways movement before the next upward trend. The major resistance level remains unchanged.
Читать полностью…Get ready for an unforgettable night at Token2049 Nightopia in Singapore, organized by RaveDAO for Bitget's 6th Anniversary and sponsored by Bella and ARPA! 🎉
Join us for an incredible experience with the Bella, ARPA, and Bitget teams, and meet the CryptoVIPSignal team along with many other big players in the crypto space. Enjoy electrifying performances by DonDiablo & Bassjackers! 🌟🔥
🎟 Want a chance to win FREE VIP Tickets ? Comment #CryptoVIPSignal, and 2 lucky winners will get an exclusive pass to this luxurious event!
Book your tickets now and don’t miss out on the ultimate Nightopia ultra luxury party! See you there!
https://x.com/ravedao/status/1828664997368696990?s=46&t=NLzWpjBZbLM2TsnpVslriw
The TOTAL crypto market cap has broken the $2 trillion resistance area. The price is currently retesting this level, and this is a good sign as a bounce may occur from here.
Читать полностью…MANTA analysis:
Price has been rejected from the resistance area, and we might see a retest of this zone. This is not a tradeable zone, so monitor how the price reacts here.
Support Area: $0.55-$0.59
Resistance Area: $0.725-$0.75
Currently, BTC has been oscillating within a well-defined range for 6 months. Volatility is tightening and a big move is on the horizon. Interestingly, only August 2023 and May 2016 have shown a tighter 180-day price range for Bitcoin.
Читать полностью…Bitcoin is approaching the resistance area. Let's see how the price reacts there. Overall market sentiment is bullish after the rate cuts.
Resistance Area: $64,500-$65,500
The wealth held by coins aged less than one week has dropped into the low liquidity zone, now representing just 4.7% of the total network wealth. This reflects a tightening supply, as the majority of coins are older than one week.
Читать полностью…DOT dropped to the support area and then bounced from there. If you opened a long position at the support area, that's great. We might see a move towards the triangle's resistance line, so let's see how the price reacts there.
Читать полностью…FLOKI Analysis :
FLOKI is bouncing off from the Major Support zone and forming a triangle pattern over it. Market looks very healthy as of now, and long positions can be open after a breakout.
Major Support : $0.00010 - $0.00013
Breakout level : $0.00013
Educational Post
What Is Parallelization?
Parallelization (Parallel Transaction Execution) is a method for processing multiple tasks at the same time. Parallelization is based on the idea of parallelism, which is a concept in computer science that describes the ability to execute multiple processes simultaneously. For blockchain technology, this approach increases the number of transactions per second (TPS) and improves the overall throughput of the network.
How Parallelization Works
Parallelization structures the network to validate multiple transactions simultaneously instead of processing them sequentially (one by one). It uses the available network resources and spreads the task of transaction execution across multiple nodes.
Parallelization checks many potential network states simultaneously, each showing the outcome of validating a particular set of transactions. By exploring these states, the network understands how each transaction would impact the ledger if it was validated. Once the check is over, the network reaches a common state, which reflects the outcome of the parallel validation.
Bitcoin surged in anticipation of the FED rate cuts. The good news is that the price has broken through the resistance area and is now retesting this level. We may see high volatility today, so using a stop loss in all open positions is better.
Читать полностью…KSM analysis:
Price is currently trading within the support and resistance area, creating a no-trade zone. It's best to wait for a breakout above the resistance area or a test of the support area.
Support Area: $15.70-$16.70
Resistance Area: $27.00-$28.60
DOT analysis:
Price is currently trading within a symmetrical triangle pattern and respecting both the support and resistance lines. Consider opening a long position near the support area with a tight stop loss. The direction of the next move will be determined by a breakout from this triangle.
Support Area: $4.00-$4.05
Resistance Area: $4.50-$4.55
PYTH analysis:
Price has rebounded from the support area and is now heading back towards it. Consider opening long positions near the support area with a tight stop loss. A good upward rally may occur after the accumulation is completed.
Support Area: $0.23-$0.26
Resistance Area: $0.39-$0.41
Digital asset investment products (ETFs) experienced a notable reversal, with inflows reaching $436 million following a prior period of outflows totaling $1.2 billion. Bitcoin led the recovery, attracting $436 million in inflows after a 10-day streak of outflows amounting to $1.18 billion.
Читать полностью…Bitcoin tried to break through the resistance area but was rejected once again. As mentioned, the current price is testing the support level at $58,000 after being rejected. If BTC fails to hold $58,000, we may see a drop towards the $55,000-$56,000 range. The critical resistance level to watch is at $60,000.
Читать полностью…#TWIF/USDT Mega Signal Recap 🚀
With 140k USDT in volume and a peak of 2840%, our recent pump didn’t fully meet expectations, and for that, we sincerely apologize to our community. We achieved a 30X profit peak, a solid result, but not the high standard we strive for.
It appears many trading bots were triggered during the first wave, leading to a faster-than-expected price dump. However, our whales stepped in and absorbed much of the selling pressure, keeping the market stable.
Congrats to those who acted swiftly—many secured significant profits within the second-minute candle!
Looking ahead, we’ve learned valuable lessons and are confident we’ll be able to counter bots in future pumps. Get ready—our next Mega Pump will be the biggest yet!
Big news for $TWIF holders that could significantly impact the token's price up to 100X in short term🚀✌️
https://x.com/Tomwifcoin/status/1835348230038839677?t=WFHdsJaQFE8KVhiXNXqygA&s=19