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The Realized Cap serves as a robust metric for gauging the accumulated capital within Bitcoin over time and allows for a comparison of liquidity growth denominated in USD across different market cycles.
According to this metric, a cumulative sum of $560 billion in USD value has been "stored" within Bitcoin. The Realized Cap has surged by 439% during the recent period, underscoring the current $1.4 trillion market capitalization of the asset. It's worth noting that despite Bitcoin's notorious volatility, negative publicity, and periodic downturns, the cryptocurrency continues to attract capital inflows.
#BTC made it way up and travelled a a decent direction towards the resistance area around $65,000 mark. Price now moving in a bit corrective way, might be due to new week start and session change. Expected a good move by NewYork Open and this week we'll some good move to the upside.
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#BTC.D flipped the area to the upside again 👀
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#BOND strongly rejected from the support and hit the 1st target easily, around $12.91% in profits. The calls were given in perfect time with dip and now going well. Book the profits and stay tuned for further signals.
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#ETH UPDATE :
#ETH approaching towards the resistance and in the higher TF (Daily TF), we can see falling wedge pattern forming, where breakout is still pending. Well, the price looks kinda consolidating alot, and a good sign too. A breakout will the market in the all-season, so eyes on the breakout and #BTC.D too.
#DXY UPDATE :
#DXY performed exactly with a retest and now closed over it. Now, if it bounced from here, then we'll see some strong correction in the market. A candle closing below will open up the room for 103.80% level of support. A strong move is expected by next week, so eyes on Daily candles
Here's the Analysis of #ICP :
#ICP is been consolidating in the #LTF after getting rejected from the major resistance zone of $15.34 -$15.75. Currently, price is middle of the nowhere, so better wait for the consolidation break. We already had a stop hunt to the downside, so changes are higher to move up and there is 10% - 15% range too.
The surge in prices has significantly impacted investors' unrealized profits. Presently, the unrealized profit within the coin supply is at its highest level ever recorded leading up to a Halving event, as indicated by the MVRV metric. Essentially, investors are currently holding the largest potential gains on paper compared to their initial investment cost at the time of a halving. With the MVRV Ratio at 2.26, this implies that, on average, each unit of BTC is carrying a paper gain of +126%.
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#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, did exactly what we predicted and dumped towards the $61,000 level and even surpasses below it. Price did gave a fakeout lower and trying to move up. Market structure is bearish at moment and by the next week we'll have the clear indication of that. Till that alts are rising, so play it accordingly and eyes on the market.
What Is Regenerative Finance (ReFi)?
Regenerative systems leverage regenerative finance to achieve robust properties of growth. In extractive systems, resources are depleted and the system loses capacity over time. Resilient systems are able to recover from periods of shock. In sustainable systems, resource availability is not depleted over time and the system is steady. Regenerative systems must grow over the long term and must, therefore, be resilient and cannot be extractive.
Resource capacity here could be any or multiple of the 8 forms of capital (social, material, financial, living, intellectual, experiential, spiritual, and cultural). ReFi regenerates the resource capacity of many types of capital simultaneously.
In a ReFi system, financial capital is not an end in itself but is employed in service of each of the other forms of capital.
Because regenerative systems build capacity sustainably, regenerate resources, and are resilient to shocks, ReFi can be employed to prevent systemic risks to humanity and address coordination failures (e.g. inequality issues or social and environmental issues such as climate change).
ReFi is changing the mindset of the Voluntary Carbon Market (VCMs) with different organizations seeing the potential of web3 to correct some of the issues with VCMs: double counting and the resale of retired carbon credits.
Equally, ReFi is having an impact in the field of conservation as companies that need to offset their carbon emissions can fund the preservation of a species or area via the use of smart contracts. This creates a win-win scenario in which species are preserved, companies can offset their emissions and communities will be paid for their efforts to preserve vulnerable species.
There are numerous notable projects within web3 that are paving the way for the ReFi movement. There are also organizations that help to build the infrastructure needed for ReFi projects to flourish.
#BTC.D (#Bitcoin Dominance) Analysis :
#BTC.D is been falling lower with the minor rises in #BTC, which is a good sign. Currently, Index closes below a key area, but there 's an another weekly support nearby 53.90% - 54.10%, so prepare for a strong reaction. Overall, Altcoins will will start moving if #BTC sustains nearby $60,000 mark.
#ETH Analysis :
#ETH is been is been retracing a bit from the a strong flip area working as support around $$2,850 - $2,870. This is a newly discovered range where price can move, and next resistance area is at $3,250 - $3,275, where price will reach out in the coming days. Dominance is also decreasing, so alts can rise with the #ETH up move.
#KEY/USDT BUY/LONG CALL
Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.
Targets: $0.007549 - 0.0092 - 0.011 - 0.014
Stop if 1D closes below $0.006
What Is Quasar Smart Contract?
Quasar Smart Contract is the solution to one of the biggest challenges faced by layer-2 blockchain projects; it takes around 14 days to move the asset to layer 1 from layer 2.
OMG Network uses its Plasma layer-2 scaling solution to get past the issue of layer-2 blockchain scalability. It enhanced its Plasma solution to transform it into Quasar.
Every layer-2 blockchain that uses fraud proofs faces the ‘exit period challenge.’ OMG Network also faces the problem, but its Quasar Smart Contract approach enables ‘fast exit.’
The Need for Layer-2 Solutions
Chains can generally have two of the three properties: scalability, decentralization, and security. Scalability is inversely proportional to decentralization for a given level of security. As a result, trade-offs must be made in a blockchain. High transaction fees and extended waiting times are a problem on Ethereum, the most popular blockchain. Some projects aim to alleviate this fundamental difficulty by processing transactions on a second layer. Plasma is one of five different actors in the umbrella of layer-2 solutions.
Multiple copies of the main chain run alongside each other in plasma. These subsidiary chains handle thousands of transactions before bundling them and sending them back to the parent chain as a single transaction. A child chain is a non-custodial, trustless chain in which users own their funds. They may thus go to the most recent accurate snapshots of the plasma chain to recover their tokens if there are any mistakes or exploits.
Plasma layers have a high throughput of over 1,000 transactions per second at a fraction of the cost of traditional technologies. There is no need that a trade must be made with a set number of known companies or persons; there is always room for flexibility. Plasma solutions are only suited for transactions and swaps and do not completely enable smart contracts. Polygon and OMG Network are two projects that utilize plasma layers.
#MATIC broke the pattern tot h downside and did a retest too. well, right now, overall, market is retracing and might give an another leg lower. A buys/ accumulation below $0.65 till the support area around $0.59 looks good.
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#US30 UPDATE :
#US30 made a 2nd retest and finally broke through the resistance area and now expecting a retest back to the zone before moving up. The Next is at the resistance area is at 39,000 - 39,150. So, take the setups in LTF with the directional bias.
EDUCATIONAL POST
Exploring Uniswap and PancakeSwap: A Beginner's Guide
#BOND in #BTC also jumped near the 1st target and made a high nearly around 12% in profits... 🚀🚀🚀
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#KEY just in the few hours of push and made it 1st target of $0.07549, which is around 12.84% in profits. Its time to secure some profits right here and hold the rest to further targets.
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Miner revenues are similarly seeing a diminishing growth rate when denominated in USD, but a net expansion in absolute size. Cumulative miner revenue topped a staggering $3B over the past four years, increasing by an order of magnitude over the prior Epoch.
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#BITCOIN WEEKLY TF UPDATE :
#BITCOIN this week candle also going with the same move, price moved all the way lower and now recovered leaving a large wick down. Weekly candle now closing bullish and expecting a hit towards the $65,000 level. Price still inside these zone, and looking for a breakout either side.
What Is Rehypothecation?
Rehypothecation is the practice where banks, and even the brokers themselves, use assets that have been posted as collateral by their clients for their own purposes. Clients that permit rehypothecation of their collateral can be compensated through a lower cost of borrowing or a rebate on fees.
Rehypothecation occurs when the lender ends up using its rights to the collateral in order to participate in their own transactions, with the hopes of eventual financial benefits.
Rehypothecation occurs when a borrower promises the right to an asset, as a form of collateral, in exchange for funds. Rehypothecation was a common practice all the way until the year 2007, where hedge funds became warier about it.
Rehypothecation takes place if a customer leaves a number of securities with a broker as a deposit, in a margin account, where the broker can then use the securities as a pledge for the margin on his own margin account or as backing for a loan.
In this instance, you have hypothecation, which occurs when a borrower promises the right to an asset as a form of collateral in exchange for funds.
A common example of this occurs in the primary housing market, where a borrower can use the home he or she is purchasing as collateral for a mortgage loan.
Now, even though the borrower asserts a level of ownership over the property, the lender has the ability to actually seize the asset if payments are not made as required.
#TOTAL MARKETCAP ANALYSIS :
#TOTAL MARKETCAP bounced from the support and returned back tot zone as a retest, well we can clearly see that, MarketCap haven't umped that much with respect to #Bitcoin. Anticipating a reversal from here, and the broke of the resistance trendline would be bullish.
Here's the Analysis of #GAL :
#GAL is been riding on a strong flip area/ support zone of $3.49 - $3.59. This is also a weekly area too, where in LTF, price started consolidating. There's a trendline support, so expected a bounce from here, with a tight stops below previous swing lows.
In the 2022 bear market, many believed prices wouldn't dip below the previous cycle's all-time high ($20k in 2017). However, this notion was disproven when prices plummeted over 25% below the 2017 high during the late 2022 deleveraging period.
A similar narrative circulated of late that prices could not break to a new the ATH before the halving had occurred. Once again, this was invalided in March this year.
Event though #BTC made close below the support area and sustaining, On Daily TF, price rejected the zone clearly and forming a new support too. Anticipating a good up move from here, and market is trying to break above $60,000, which is a good sign.
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Don't miss out on the rocket ride to the moon for #KEY🚀
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Buying #KEY on Binance
Retesting S/R support with cluster of trendline and horizontal support🚀✌️
Link : https://www.binance.com/en/futures/KEYUSDT
Must buy KEY here, expecting quick 10%-30% gains in short term😊
A ton liquidation resting below $57,000 mark...
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There was more than $400M+ Liquidation happened with the past market dump...
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