Biraz (@07900) • Hey

#cryptofollower #cryptotrader

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It is typical in prior Bitcoin cycles that an uptick in new demand tends to come alongside an elevated appetite for speculation. This tends to result in increasingly volatile markets, which is characteristic of macro up-trends in prior Bitcoin cycles. 90-day realized volatility has nearly doubled from 28% to 55% since October 2023, which marked the point where Realized Cap inflows started to accelerate higher.
During the recent price decline from the all-time high (ATH) to a low of $ 61.2k, approximately 2.0M BTC transitioned from 'in-profit' to 'in-loss' status, indicating a significant volume of coins transacted at a higher cost basis. As the market rebounded to $ 66.5k, about 1.0M coins returned to 'in-profit' status. Consequently: - Approximately 1.0M BTC have a cost basis between $ 61.2K and $ 66.5K. - Approximately 1.0M BTC have a cost basis between $ 66.5K and the ATH at $ 73.2K. This represents one of the larger 'supply clusters' seen during pullbacks since the 2022 lows, suggesting increased on-chain coin volumes in recent months.
😇Just a reminder to all who forgot about @LayerZero_Labs 🧑🔧Team confirmed 👇 🪙Token 📆TGE first Half 2024 💥That's before June2024 🌀Keep grinding 📸Snapshot Might be in April 📆March - $W 📆April - $ZKS 📆May - $ZRO 🤔Agreed? 👇Post your LayerZero stats 💙Like 🔁RT https://twitter.com/CryptoTeluguO/status/1766637243773690297?t=hA7UyhhjSNsd12_SOzLymA&s=19
Hi, there
The growth in the Number of Whale on the #Bitcoin network has been diminishing cycle upon cycle. #Whales Unloading there Bag YoY 👀
The price surge of #Bitcoin has resulted in the stability of Bitcoin supply held per Whale at around 5,350 #BTC per #Whale. However, the Market Cap percentage owned by the #Whale cohort is decreasing, despite the stability in the supply held. On this, we can say, #Bitcoin Supply per Whale has remained stable, However, the percentage of the total market cap owned by #Bitcoin whales has been declining, indicating that smaller #investors may be buying.
📆 Global crypto headlines of the day: 🛑SFPD announced the arrest of the killer of Cash App founder Bob Lee. It is reported that the suspect knew his victim. 🛑Zipmex investor refused to pay the promised amount in full and is willing to pay creditors 10-20 cents on the dollar. 🛑An Ethereum Foundation developer revealed that ETH stakers provide their confidential data, including IP address. 🛑Chia Network filed for an IPO registration with the SEC. The project's token (XCH) responded with a 9% increase. 🛑From August 2021 to February 2023, about 7,000 Metamask users experienced a leak of personal data.
$BTC Update Currently BTC is under a strong daily resistance of 31-32k$. Don't get bullish here like most of the retailers are. Funding is highly positive as well which indicates that there are lots of longs in the market than shorts. Avoid FOMO here, mark your levels & play it accordingly with patience! My levels, If we flip 33k$ with negative funding/bearish news with a lots of shorts trapped then long & if we goes back into old range which is below 29k$ then short. No trade in between. Most people trading here either because of FOMO or they are addicted to it.
📆 Global crypto headlines of the day: 🛑Argentina's securities regulator has approved a Bitcoin-based futures index. 🛑The G7 will focus on helping developing countries launch CBDCs. 🛑A former JPMorgan employee was arrested in New York for promising clients huge profits from cryptocurrency trading. 🛑Cardano's native wallet Lace is now available to users in the mainnet. 🛑The brother of a former Coinbase product manager was sentenced for insider trading. 🛑OpenAI has launched a Bug Bounty Program for white hat hackers, with rewards ranging from $200 to $20,000 for discoveries.
What is #UTXO Realized Price Distribution ? The #UTXO Realized Price Distribution is a chart that provides insight into the price at which each unit of a #cryptocurrency has been transacted since it was last moved on the blockchain. The chart #maps the number of units of the cryptocurrency that were transacted at different #price ranges. The #UTXO Realized Price Distribution is based on the Unspent Transaction Output (#UTXO) model, which is used by many cryptocurrencies, including Bitcoin. In this model, each transaction #output is considered as an unspent output, which can be spent in future transactions. The #UTXO Realized Price Distribution chart can help investors and analysts understand the behavior of cryptocurrency #hodlers and traders. For example, it can reveal whether investors are holding on to their cryptocurrency during #market downturns or selling it off, and at what prices. It can also help to identify #support and #resistance levels in the market.
Despite #Bitcoin's almost 100% increase in price since then, 6% of the total #Bitcoin supply was last transacted at the $16K level. This suggests that those who purchased #Bitcoin at that level are hodling onto their investments and have no plans to sell in the near future, making them the buyers of last Obstacle.
What Is a Cryptocurrency Whitepaper? A #whitepaper summarizes, in a single document, the important information related to a #blockchain or cryptocurrency project. It’s a popular way of explaining how a certain project works and what problems it’s aiming to solve. Generally, a whitepaper is a report or guide that informs its readers about a specific topic or issue. For example, developers can create a whitepaper about their #software to educate users on what they are building and why. In the blockchain space, a whitepaper is a #document that helps outline the main features and technical specifications of a specific cryptocurrency or blockchain project. Although many whitepapers are focused on a coin or token, they can also be based on different types of #projects, such as a decentralized finance (#DeFi) platform or a play-to-earn game. A whitepaper may provide an overview of essential #data in the form of #statistics and #diagrams. Also, a whitepaper could explain the #governing structure of the project, who’s working on it, and the current and #future development plans (i.e., their #roadmap). Why Whitepaper's are important ? Whitepapers are important for the crypto #ecosystem. Even though there are no standards for creating them, whitepapers have become a #framework for researching crypto projects. It's a general recommendation to start crypto #research by reading the project's whitepaper. Users can use whitepapers to identify potential red #flags or promising projects. In addition, they enable users to monitor if a project is sticking to its original plans and #goals.
#Bitcoin cycles are like clockwork 🕐
Dominance is at the verge of REJECTION and if it doesn’t reject and cross this it’s gonna boom the market. But i believe very soon we might get a rejection in this and after this next BTC rejection we will see a stable zone in BITCOIN and there after we might see an ALT SEASON as BTC also has a Good rejection area from 30500-31500 so just keep trailing SL on Candle closing basis. once we see proper confirmation we will work again on alts.
Wyckoff events and phases
#BITCOIN WEEKLY UPDATE : SO, the urge of #Bitcoin is reached and hits out the $30,000 mark. Well, HTF always wins. Now, we've to wait for the Weekly Candle close, either it breaks and close above the zone or rejects the area. Keep an eye on closing part 👀
The Largest Depositors ( Greater then 500+ Validators) are experiencing heavy losses near about $4.7B, despite of this Booming Market.
📌3 major Events tomorrow - 🟠CPI data at 6:00 PM IST/12:30 PM UTC 🟠FOMC meeting at 11:30 PM IST/ 6:00 PM UTC 🟠ETH Shanghai upgrade🔹
Global crypto headlines of the weekend: -Polygon has now the second-largest gaming network by active users, trailing only WAX. -The finance minister of Hong Kong has announced that the government will adapt a new strategy for regulating and promoting Web3. -Binance US is struggling to find banking partners, according to WSJ. -The Bank of England is assembling a team of 30 people to develop Britcoin — the digital pound.
📊 Key events in April 2023 April 12: US Inflation Rate April 12: FOMC April 12: Ethereum Shanghai Capella upgrades April 19: GB Inflation Rate April 26-28: Consensus 2023 April 27: US GDP Growth Rate April 28: EU GDP Growth Rate
🚨 Alert: #Bitcoin on track for longest time below 2-year moving average! ⏰ This is a crucial time for traders as once the trend shifts, it may be too late to catch the bull run. So, make sure you have your BTC positions in place. The cross is coming soon! Don't miss out on this opportunity!
🚨 #DeFi alert! 🚨 #SushiSwap has been hacked, resulting in the loss of over $3.3 million. Only users who have interacted with the exchange in the last four days seem to be affected. SushiSwap Head Chef recommends revoking RouterProcessor2 contract on all chains.
Weekly Recap 1) 🇫🇷 $10 trillion asset manager BlackRock Paris headquarters taken over by protestors. 2) 🇲🇾 Malaysia Prime Minister says there's no reason to continue to depend on the US dollar. 3) 🇸🇦 Saudi Arabia's Crown Prince MBS says he is no longer interested in pleasing the US. 4) 🇺🇸 Former President Trump says "our currency is crashing and will soon no longer be the world standard." 5) #Bitcoin whitepaper is hidden on every Apple MacBook computer running recent versions of macOS software. 6) 🇺🇸 US presidential candidate Robert F. Kennedy Jr. warns the Federal Reserve's 'FedNow' digital currency will result in financial slavery and political tyranny. 7) 🇺🇸 Bank of America, JPMorgan & other major banks subpoenaed over President Biden's family financial records. 8) 🇺🇸 Three US congressmen introduce 'Gold Standard Bill' to stabilize the US dollar's value. 9) Twitter updates its website logo to Dogecoin DOGE. 10) 🇨🇳 Chinese Yuan replaces US dollar becoming the most traded currency in Russia. 11) 🇨🇳 China to invest $39 billion in Malaysia. 12) 🇺🇸 US Treasury says decentralized crypto markets threaten national security. 13) 🇷🇺 Russia and India abandon Europe-dominated oil price, agree to use Dubai oil price benchmark. 14) Almost nobody paid taxes for crypto in 2022, Bloomberg reports. 15) 🇺🇸 Former President Trump says China will probably displace the US dollar as number one currency in the world. 16) 🇺🇸 FED official says Federal Reserve will need to raise interest rates above 5% and hold them there for a while. 17) 🇹🇭 Thailand opposition leader promises $300 crypto airdrop per citizen if elected Prime Minister in May. 18) 🇺🇸 Former President Trump's NFT sales have increased by 251% following his arrest. 19) 🇺🇸 Florida Governor Ron DeSantis says a Federal Reserve digital dollar threatens US financial freedom. 20) 🇺🇸 Arkansas passes bill to protect Bitcoin and crypto mining .
#TOTAL MARKET CAP ANALYSIS The total market cap is consolidating in a bullish pennant and is also near the breakout of the big inverse head and shoulder pattern. The cup and handle breakout is already done and it has also formed an Adam & Eve pattern. All are technically strong bullish patterns that the total market cap has formed. A solid breakout of null.18T would be the enormous breakout confirmation and indicate a tremendous bullish trend.
Educational Post: What is risk management? Risk management entails predicting and identifying financial risks involved with your investments to minimize them. Investors then employ risk management strategies to help them manage their portfolio's risk exposure. A critical first step is assessing your current exposure to risks and then building your strategies and plans around them. Risk management strategies are plans and strategic actions traders and investors implement after identifying investment risks. These strategies reduce risk and can involve a wide range of financial activities, such as taking out loss insurance and diversifying your portfolio across asset classes. Risk Management Strategies 1. The 1% rule is a simple risk management strategy that entails not risking more than 1% of your total capital on an investment or trade. 2. A stop-loss order sets a predetermined price for an asset at which the position will close. The stop price is set below the current price and, when triggered, helps protect against further losses. A take-profit order works the opposite way, setting a price at which you want to close your position and lock in a certain profit. 3. Diversifying your portfolio is one of the most popular and fundamental tools to reduce your overall investment risk. A diversified portfolio won't be too heavily invested in any asset or asset class, minimizing the risk of heavy losses from one particular asset or asset class. For instance, you may hold a variety of different coins and tokens, as well as provide liquidity and loans.
The Fed will hold an emergency private meeting on April 10 (19:30). Keep eyes on it 👀
#Bitcoin Textbook Wykoff Accumulation. Leaving Phase D 🫂
What is Coin Burn ? Coin #burn, also known as token burning, is a process in which a certain amount of #cryptocurrency or tokens are permanently removed from circulation by being destroyed or #deleted. The process involves sending the coins or tokens to an #address that has no #private key, effectively rendering them unusable and removing them from the total supply. What's the Use of Coin Burn ? Token burning is often used by #blockchain projects as a mechanism for managing the supply of their tokens, and can be implemented in a number of ways. For example, some projects may choose to #burn a percentage of their tokens every time a transaction is processed on their network, while others may burn tokens as part of a #buyback program. Token burning can also be used as a way to #reward token #hodlers. In some cases, a portion of the tokens that are burned may be redistributed to existing token holders, either as a direct distribution or as a reduction in the circulating #supply. Overall, coin burn is a common practice in the cryptocurrency industry and can be used for various reasons. While it may not be appropriate for every project or #cryptocurrency, it can be an effective tool for managing #supply, managing #inflation, and rewarding #token holders.
🥇 $BTC UPDATE BTC is sideways and ranging in the box, this is a choppy phase and u must avoid trading here! Also we have weekends ahead so there will be low volume. Expecting April to be sideways and choppy like this and a dump especially in alts in May month so I sold 75% of my spot bags already here to re-buy lower later. There will be much more opportunities ahead so don't bleed your account in this choppy phase!
📌Arkansas passes bill to protect Bitcoin and crypto mining. 🟠The U.S. state is at least the third to advance crypto mining protections
According to glassnode, Bitcoin options contract open interest ($10.3 billion) surpassed futures contract open interest ($10 billion) for the first time in history, mainly due to the purchase of a large number of call options.
📆 Global crypto headlines of the day: 🛑The Celo Foundation has partnered up with Google Cloud. 🛑Metamask will support NFTs in a new version of its browser app. 🛑Cash App founder Bob Lee died after a stabbing attack in San Francisco. 🛑Texas senators have introduced a bill that would nix tax breaks for crypto miners. 🛑OXK is removing Tron futures from its trading platform. 🛑BNB Chain will execute the Planck hard fork to enhance network security. 🛑Trust Wallet will enable users to convert crypto to fiat directly in the app.
What exactly is a Fear and Greed Index? The Crypto Fear and Greed Index analyzes a basket of different trends and market indicators to determine whether the market participants are feeling greedy or fearful. A score of 0 indicates extreme fear, while 100 suggests extreme greed. A score of 50 shows the market is somewhat neutral. A fearful market could be an indication that cryptocurrencies are undervalued. Too much fear in a market can lead to overselling and excess panic. Fear doesn't necessarily mean that the market has entered into a long-term bearish trend. Instead, you can think of it as a short or mid-term reference to overall market sentiment. Greed in the market is the opposite situation. If investors and traders are greedy, there's a possibility for overvaluation and a bubble. Imagine a situation where FOMO (fear of missing out) causes investors to pump the markets, overvaluing Bitcoin’s price. In other words, the increased greed may lead to excess demand, artificially inflating the price.
$500M #Bitcoin transaction popped up on the $BTC network an hour ago. You can see the transaction on the #Blockchain explorer here: blockchain.com/explorer/trans…
What is #Halving in Crypto ? #Halving in cryptocurrency refers to a programmed reduction in the amount of new coins or tokens that are created as a reward for mining blocks on a blockchain network. This event occurs at regular intervals, and it is a critical part of the #protocol of many cryptocurrencies, including #Bitcoin and #Litecoin. During halving, the #reward for mining new blocks is reduced by #half, which decreases the rate at which new coins are introduced into the #network. This is designed to control #inflation and maintain the #scarcity of the cryptocurrency. The process is mathematically predetermined, and it reduces the reward given to #miners in exchange for maintaining the network and validating transactions. Halving typically results in a reduction in the supply of the cryptocurrency, which can lead to an increase in its #value due to the increased scarcity. This has been observed in the past during the halving events of #Bitcoin and other cryptocurrencies. Halving is an important event in the cryptocurrency #ecosystem and is closely followed by #traders, #investors, and other #stakeholders. The Most Recent and Famous Example for #Halving occurred in the #Bitcoin network on May 11th, 2020. This was the third halving event in the history of Bitcoin. The block reward for mining a new block was reduced from 12.5 BTC to 6.25 BTC per block. This meant that miners received half of the reward for their work in validating #transactions and securing the network compared to before the halving.
MicroStrategy has acquired 1,045 more bitcoin  🎉🎉
Market CAP Dogecoin now 7th.
What Are Smart Contracts? #Smart contracts are self-executing contracts that use blockchain technology to automatically enforce the terms of an agreement. They are computer programs that run on a blockchain and can #facilitate, #verify, and #enforce the negotiation or performance of a contract without the need for intermediaries. Smart #contracts can be used in a wide range of applications, including finance, real estate, supply chain management, and more. They are designed to be #secure, #transparent, and #tamper-proof, with all transactions being recorded on a public #ledger that is accessible to all parties involved. Smart contracts eliminate the need for intermediaries, reduce costs, increase efficiency, and improve the overall #transparency and #trustworthiness of transactions. Smart contracts have the potential to revolutionize the way we conduct business and interact with each other. They offer greater #transparency, #security, and efficiency, and can help reduce the #costs and risks associated with traditional contract enforcement. Benefits of Smart Contracts ? Distributed —> Smart contracts are replicated and distributed in all nodes of the #Ethereum network. This is one of the major differences from other solutions that are based on #centralized servers. Deterministic —> Smart contracts only perform the actions they were designed to, given the requirements are met. Also, the outcome will always be the same, no matter who executes them. Immutable —> Smart contracts can't be changed after deployed. They can only be "Deleted" if a particular function was previously implemented. Thus, we may say that smart contracts can provide tamper-proof code. Customizable —> Before deployment, smart contracts can be coded in many different ways. So, they can be used to create many types of #Decentralized applications (#DApps). Trustless —> Two or more parties can interact via smart contracts without knowing or trusting each other. In addition, #blockchain technology ensures that data is accurate. Transparent —> Since smart contracts are based on a #public blockchain, their source code is not only #immutable but also visible to anyone.
📆 Global crypto headlines of the day: 🛑According to the Japanese regulator, four crypto exchanges, Bybit, Bitget, BitForex, and MEXC, are operating in the country without proper registration. 🛑Uniswap has surpassed Coinbase's trading volume, marking its best month since 2022. 🛑PancakeSwap has revealed its upgraded version 3 today. 🛑A ruling in the Ripple vs SEC case is expected to land later this month. 🛑Solana has surpassed Ethereum in monthly active addresses. 🛑Three major Canadian cryptocurrency exchanges have revealed their plans to merge.
Elon Musk is cracking Binance Futures System 👀
#Elon Musk Changes the Blue #Twitter Logo to #DOGE Coin Logo, which tend to create in Hype for the #DOGE coin. Price jumped around more than 33%+ in past hour. Don't Fomo Buy here, we might some flash dump in some time 📉
Elon changed twitter logo to Doge😱😱 Twitter sign = DOGE Sign !🚀🚀
🇺🇸 The US Government Sold 9,800 BTC on March 14. Gov Plans to Sell 41,500 More connected to silk road in Four Batches During the Year: Court Filing
#DOT Analysis : #DOT is been consolidating for long, more than 3 weeks, just below the major resistance zone of $6.80 - $7.12. Looking into the Daily TF, short-term structure shifted bearish. Price broke below the small trendline, which might push it lower till the bottom the range. Setups will be risky for now, so wait for it.
What is Selfish Mining ? #Selfish mining in Bitcoin is a strategy used by some #miners to increase their chances of earning mining rewards by withholding blocks that they have mined from the rest of the network. By #secretly mining on the next block, they can gain an advantage over other miners and earn more #rewards than their fair share. This can harm the network's security and decentralization, especially if the selfish miner controls a significant share of the #network's hash rate. The Bitcoin network is constantly being improved to prevent selfish mining and maintain its #security and #decentralization. Let's See a Example of this Let's say there are three miners on the #Bitcoin network: Miner A, Miner B, and Miner C. Each miner has an equal share of the network's #hash rate, which means they have an equal chance of mining a new #block and earning a reward. Miner A mines a new block and broadcasts it to the network for verification. Miners B and C receive the #block and start working on the next block. However, before #broadcasting the new block, Miner A decides to #withhold the block and continues mining on the next block in secret. Meanwhile, Miners B and C continue to work on the next block, #unaware that Miner A has already solved it. When Miner A eventually broadcasts their new block to the network, the other miners see that it has been solved and discard their own work on the next #block. This gives Miner A a head start on the next block, and they are more likely to earn the #reward for that block. If Miner A continues to withhold blocks and keeps #mining on the next block in secret, they can gain an #advantage over the other miners and earn more rewards than their #fair share. This is known as selfish mining because Miner A is not playing fair and is intentionally withholding information from the network to #gain an unfair advantage.
2023 Q1 is been completed with some Bullish and Positive Numbers. Historically, Q2 is been a bit challenging, but hopefully we'll see Bullish Moves 🚀
US govt is going to carsh the bitcoin and crypto market ? 🔷US can make the crash the crypto market. 🔷US govt has 1 billion of bitcoin. They can not only dump but also carsh it . 🔷They can dump these bitcoin into the open market pushing thing more down. 🔷In 2021 US govt seized 51000 bitcoin which is about 1 billion dollar worth from silk route market place. 🔷Silkroad in an area of illegal activity where us govt seized 51000 btc held in walllets 🔷Revently us govt transfered these bitcoins to three diffrent place . One was coinbase exchange almost 9800 bitcoins which is 200 million. 🔷If They start selling these bitcoins then there will be lots of selling pressure in open market . Price will keep on going down 🔷They have 30000 more bitcoin which them which upon dumping in open market will crash the bitcoin price. 🔷 https://thedefiant.io/us-gov-moves-1b-seized-btc
📌 US Govt sold 9,800 BTC on March 14, Intends to sell a further 41,500 BTC connected to Silk Road in four batches over the course of the Year
The EA Transfer Volume Momentum compares the monthly average transfer volume against the yearly average to help identify the prevailing trend for network activity. Currently, the trend is shifted from Decline transfer volume to Increasing transfer volume. This shows improving network fundamentals.
What is Double Top ? Double top is a technical chart pattern commonly used in trading analysis. It is a bearish reversal pattern that forms after an uptrend, indicating that the market may be ready to reverse its direction. The pattern forms when the price of an asset reaches a high point, then retreats, and then rallies again to the same high point as before. However, it fails to break through this level and retreats again, forming a second peak at the same price level. The two peaks are usually connected by a line, forming a horizontal resistance level. This pattern signals that the buying momentum has been exhausted, and the bears are gaining control of the market. Traders who recognize this pattern may look to sell their long positions or short the asset, betting on a potential price decline.