Crypto VIP Signal

23 Oct 2023 14:40

Educational Post:

An Introduction to Binance Bridge

Currently, there is a bit of an issue in the crypto space. Different blockchains can’t really talk to each other. If you make a Bitcoin transaction, the Ethereum blockchain won’t be able to know that it happened. If we zoom out a little bit and look into the future, this problem will likely be solved somehow with new technology. However, a much faster solution that is already available now is wrapped coins and tokens. 

Wrapped tokens let you use coins and tokens native to other blockchains as tokens on a different chain, such as Binance Smart Chain. We’ve already seen how this can work with tokenised BTC on Ethereum. The Binance Bridge Project introduces this concept to Binance Chain and Binance Smart Chain.

What is the Binance Bridge Project?

The Binance Bridge Project is a cross-chain bridging service that aims to increase interoperability between different blockchains. It essentially lets anyone convert selected coins into wrapped tokens (or “pegged tokens”) to be used on Binance Chain and Binance Smart Chain. This brings digital assets such as BTC, ETH, LTC, XRP, LINK, ATOM, DOT, XTZ, ONT, and more to the Binance Chain ecosystem.

By using the Binance bridge protocol, you can access cross-chain liquidity on Binance Chain and Binance Smart Chain with just a few clicks.

How does the Binance Bridge Project work?

Wrapping a coin or token into a Binance Chain version is actually quite straightforward. Using the Binance Bridge service, you can convert cryptoassets between the native blockchain and Binance Chain/Binance Smart Chain. For example, if you transfer USDT from Ethereum to Binance Smart Chain, Binance Bridge will support the cross-chain conversion of Ethereum ERC-20 to Binance BEP-2 or BEP-20. It’s worth noting that these wrapped coins are backed by real coins and tokens on public addresses.

Currently, the Binance Bridge Project supports ERC-20 and TRC-20 cross-chain transfers. As you may already know, ERC-20 is a widely popular token standard on Ethereum. TRC-20 is a similar standard for the TRON network. and TRC-20 cross-chain transfers. As you may already know, ERC-20 is a widely popular token standard on Ethereum. TRC-20 is a similar standard for the TRON network.

Crypto VIP Signal

22 Oct 2023 09:56

Glassnode chart shows LTHs increasing their BTC exposure dramatically from mid-2021 onward, “hodling” through the entirety of the subsequent bear market. LTHs network reached the all-time high of 76.2%.

Crypto VIP Signal

21 Oct 2023 20:42

CHZ analysis:

Price bounced from the $0.0535-$0.0543 support area. CHZ is now heading toward the $0.0643-$0.0652 resistance area. This is no trade zone and wait for a clear breakout above the resistance area for new entries.

Crypto VIP Signal

20 Oct 2023 12:46

AMB tested the support area and bounced from there. If you have opened long positions then increase your stop loss and hold the position. We may see a move toward the local resistance area.

Crypto VIP Signal

19 Oct 2023 19:23

MULTI analysis:

Price rejected from the $3.30 resistance area and now testing the support area. The support is $1.70-$1.90 and the price needs to hold this level. A break below $1.70 will send the price towards the $1.00 major support level.

Crypto VIP Signal

19 Oct 2023 10:15

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coingape , Binance feed ,  bitcoinik ,bitcoinleef , dailycoin

3. Top trending on Binance Feed - link

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5. Regular AMAs with top Binance listed projects

6. Daily Bitcoin and crypto market updates

7. Regularly educational PDFs, On-Chain data analysis, trading  guides created by our experienced team which is just exclusive for our community.

8. Daily analysis of community voted coin

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11. Regular updates about the newest trend in crypto market

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Crypto VIP Signal

16 Oct 2023 20:29

ETC Analysis :

ETC is been moved the Bitcoin Up move with ended up being a long liquidation wick. Well, Volume is not enough to push higher, so we can see a drop till strong support zone of $14.47 - $14.83. Right now, wait for the setup to appear and have an eye on breakout.

Crypto VIP Signal

16 Oct 2023 10:55

As anticipated, RUNE has dropped to the support level. If you have placed buy orders, now is the time to hope they are filled. It is recommended to increase your stop loss and hold onto this position. Currently, the position is running at more than 18% profit from the bottom. There is a possibility of the price moving towards the resistance area.

Crypto VIP Signal

15 Oct 2023 19:44

ARB analysis:

Price is currently in a downtrend and has broken a small uptrend line. A potential small long position can be taken at the next major support level of $0.73-$0.75 with a tight stop loss. The resistance is at the $0.86-$0.88 area.

Crypto VIP Signal

15 Oct 2023 08:45

Bitcoin is breaking out of the falling wedge pattern. Wait for the candle to close above the trendline for confirmation. This breakout is bullish for BTC and we may see some upward movement next week.

Crypto VIP Signal

13 Oct 2023 20:07

1INCH analysis:

The price has broken the uptrend channel in a downward direction and is currently retesting it. In order to see some positive movement, the price needs to break above the $0.25 level. If you're planning to open a long position, make sure the price breaks and holds above the $0.25 level. The support levels are $0.235 and $0.2075.

Crypto VIP Signal

12 Oct 2023 20:40

BNT analysis:

The price is rejected from the major resistance area. The support on the daily chart is $0.38-$0.44 area and we may see a test of this zone in the coming days. Wait for sometime for new entries.

Crypto VIP Signal

12 Oct 2023 15:35

Long-term BTC investors are accumulating around 50,000 coins ($1.35 billion) per month.

The total number of BTC held by long-term holders has reached a new all-time high - 14,859 #BTC, accounting for 76% of the cryptocurrency's circulating supply.

Crypto VIP Signal

11 Oct 2023 12:58

Price is currently testing a support area. It is recommended to take a small long position with a tight stop loss since a bounce from the support area is expected.

Crypto VIP Signal

11 Oct 2023 07:20

Bitcoin is slowly going toward the $27,000 level and the price needs to hold this level. A break below this support level will bring some sell-off and we may see a dump toward the $26,000 level. Keep tight stop loss in all trades.

Crypto VIP Signal

23 Oct 2023 08:57

Bitcoin continues the upward movement as expected. This is good sign and we may see a move toward $32,000-$32,500 major resistance. Altcoins will see some positive movement.

Crypto VIP Signal

22 Oct 2023 07:58

Bitcoin is holding the $30,000 level and trading near it. This is good sign for the market and many altcoins already start pumping. If BTC stables near $30,000 then we see continuation of the upward movement in altcoins.

Crypto VIP Signal

21 Oct 2023 15:56

There is a lot of accumulation in the range of $25,000-$31,000 area. This shows investors are accumulating for the next bull rally. This is the major resistance and there is not much unspent supply on higher prices.

Crypto VIP Signal

20 Oct 2023 07:24

Bitcoin broke the $28,500 resistance after many attempts and is now approaching the $30,000 resistance level. The overall market is showing positive movement. A break and hold above $30,000 will bring some good pump in altcoins.

Crypto VIP Signal

19 Oct 2023 15:59

#JASMY is trending on Twitter. You can listen to the AMA session to learn more about the project and team. Most of your questions are covered in the AMA. Our team will do more AMAs in coming months to educate our community.

AMA video link: https://youtu.be/HHwYRPAZauI?si=TaKaDyLeMNa5mboJ

Crypto VIP Signal

18 Oct 2023 16:07

On Oct. 16, there was a significant outflow of Bitcoin from exchanges, totalling 7,000 Bitcoin, which is worth approximately $200 million. Although some of this movement may be due to the recent spread of misinformation about the approval of a Bitcoin spot ETF, the transfer of funds on the blockchain has been ongoing both before and after the occurrence.

Crypto VIP Signal

16 Oct 2023 14:53

Educational Post

What is a block halving?

A block halving is a process of reducing the rate at which new cryptocurrency units are generated. Specifically, it refers to the periodical halving events that decrease the block rewards provided to miners.

Why are halvings significant?

Halvings are at the core of the cryptocurrency economic models because they ensure coins will be issued at a steady pace, following a predictable decaying rate. Such a controlled rate of monetary inflation is one of the main differences between cryptocurrencies and traditional fiat currencies, which essentially have an infinite supply.

How many Bitcoin halvings have there been previously?

As of July 2019, there have only been two previous Bitcoin halving events. These occurred on the 28th of November, 2012 and the 9th of July, 2016. At the time of the first halving event, the price of Bitcoin was $12.31 and at the time of the second halving event, the price of Bitcoin was $650.63.

There will only ever be 32 bitcoin halving events. Once all of these have occurred, there will be no more halvings and there will also be no more Bitcoin created as the maximum supply will have been reached.

Crypto VIP Signal

16 Oct 2023 07:46

Bitcoin broke the falling wedge pattern and moved upward as expected. The price is heading towards the major resistance area, and we may see a test of it. Let's see how BTC reacts there.

Crypto VIP Signal

15 Oct 2023 11:50

DAR broke the trendline in a downward direction. This is a bearish sign, which is why we told you to use tight stop loss. We may see a test of the trendline and the continuation of the downtrend.

Crypto VIP Signal

14 Oct 2023 08:38

Bitcoin is trying to break the falling wedge pattern. Price is testing the resistance line. A break above the pattern will bring upward movement in BTC.

Crypto VIP Signal

13 Oct 2023 14:30

Strong #Bitcoin  laccumulation of the miners since October 👀

Crypto VIP Signal

12 Oct 2023 18:51

We are excited to share a significant accomplishment with you! Our community has been featured on Yahoo Finance, a globally renowned finance media giant, which is a testament to the hard work of our dedicated team. This recognition motivates us to continue our journey of growth and enlightenment, and we invite you to read the captivating story of our community on their prestigious website.

Our journey, which led to the inception of our community, is beautifully articulated on the Yahoo Finance platform. This feature not only highlights our efforts but also showcases our passion for crypto and our pursuit of knowledge and prosperity. We are deeply grateful to all of our members, supporters, and well-wishers who have played an important role in shaping our path.

We are committed to pushing boundaries, sharing valuable insights, and providing top-notch educational resources to empower you in the ever-evolving world of finance. Thank you for being a part of our community.

Read it here: https://finance.yahoo.com/news/crypto-vip-signal-unveils-educational-045055189.html

Crypto VIP Signal

12 Oct 2023 11:40

Based on our analysis, TRB is currently experiencing a breakdown below the support level. It is strongly recommended to wait for new entries. A candle close below this support area would indicate a bearish trend. The next support level at $43 may be approached in the coming days.

Crypto VIP Signal

11 Oct 2023 09:08

Notice of Removal of Margin Trading Pairs - 2023-10-19
https://www.binance.com/en/support/announcement/1dd3230be12c48c396fb03b79e0203d9

Crypto VIP Signal

09 Oct 2023 09:49

Judge To Preclude Sam Bankman-Fried’s Defense On Anthropic Investments?



https://coingape.com/judge-to-preclude-sam-bankman-frieds-defense-on-anthropic-investments/?utm_source=Telegram&utm_medium=Crypto+VIP