#BTC kept on moving nearby its resistance area and made a small range. Nothing much happening and just couple of news, moving market back and forth.
Here's the Analysis of #JTO :
#JTO is been consolidating and wicking too, lying on the support zone of $3.68 - $3.74. Price is been very corrective while reaching the support area, where a bounce can expected from there with the trendline confluence. Take the risk accordingly with proper risk management.
#JTO is been consolidating and wicking too, lying on the support zone of $3.68 - $3.74. Price is been very corrective while reaching the support area, where a bounce can expected from there with the trendline confluence. Take the risk accordingly with proper risk management.
#SEI looks like its trying to break of the channel pattern and still holding the bullish market structure. Not a good reason for going into shorts, the final support is at $0.34, which is also a flip area.
The market conditions seen in Q2-Q3 2021, a much more significant Short-Term Holders experienced a much more significant duration of 70 consecutive days in acute financial stress. That period of time was severe enough to break investor sentiment, and gave way to the destructive 2022 bear market. By comparison, this cycle has been relatively forging for the time being.
What Is Simple Ledger Protocol (SLP) on Bitcoin Cash?
Simple Ledger Protocol (SLP) is a token system that works on top of Bitcoin Cash. It allows users to create their own tokens to represent anything they can dream of - coupon codes, loyalty points, concert tickets, and more. SLP tokens can be sent and received just like regular BCH, and they can even be spent at places that accept them.
How Does SLP Work?
SLP tokens are created by attaching little bits of information to Bitcoin Cash transactions using something called OP_RETURN. This information allows wallets to keep track of tokens and verify that they are legitimate. SLP tokens benefit from the security of the Bitcoin Cash blockchain, which makes them more secure than other token systems that require their own blockchain.
What Can I Use SLP Tokens for?
SLP tokens can be used for all kinds of creative things. Some examples include:
Loyalty points to reward your best customers
Money in an online game world
Custom tickets for your band's next show
Wallets like Badger make it easy to manage your tokens. As more people start using SLP, we're sure to see more new ideas sprouting up.
Which Wallets Support SLP Tokens?
Most wallets built for Bitcoin Cash now support SLP tokens in some form. Popular choices include Badger, Electron Cash SLP edition and Bitcoin.com wallet. Each one works a little differently, so do some research to find one that suits your needs.
How Do I Create My Own Custom Tokens?
Creating SLP tokens requires some technical knowledge and expertise, but it's easier than some other token systems. Here are the basic steps:
-> Come up with a name and symbol for your token.
-> Generate a new token ID to identify it.
-> Decide how many tokens you want to make.
Mint your tokens and send them out into the world using your wallet.
What Information Is Stored in SLP Tokens?
When you make an SLP token, information like the name, number of decimals and other details get baked right in. This helps wallets know the token is legit and figure out just what it is. The SLP rules say this data has to be formatted a certain way or it won't work right. Having it standardized makes the system run smoother.
Are SLP Tokens Safe from Theft and Such?
While SLP tokens benefit from the security of the Bitcoin Cash blockchain, they are not as secure as Bitcoin Cash itself because they are not the primary focus of the network's security. Developers keep working to improve security, but caution is wise when dealing with new technology like this. As with anything valuable, be smart and protect your tokens.
Simple Ledger Protocol (SLP) is a token system that works on top of Bitcoin Cash. It allows users to create their own tokens to represent anything they can dream of - coupon codes, loyalty points, concert tickets, and more. SLP tokens can be sent and received just like regular BCH, and they can even be spent at places that accept them.
How Does SLP Work?
SLP tokens are created by attaching little bits of information to Bitcoin Cash transactions using something called OP_RETURN. This information allows wallets to keep track of tokens and verify that they are legitimate. SLP tokens benefit from the security of the Bitcoin Cash blockchain, which makes them more secure than other token systems that require their own blockchain.
What Can I Use SLP Tokens for?
SLP tokens can be used for all kinds of creative things. Some examples include:
Loyalty points to reward your best customers
Money in an online game world
Custom tickets for your band's next show
Wallets like Badger make it easy to manage your tokens. As more people start using SLP, we're sure to see more new ideas sprouting up.
Which Wallets Support SLP Tokens?
Most wallets built for Bitcoin Cash now support SLP tokens in some form. Popular choices include Badger, Electron Cash SLP edition and Bitcoin.com wallet. Each one works a little differently, so do some research to find one that suits your needs.
How Do I Create My Own Custom Tokens?
Creating SLP tokens requires some technical knowledge and expertise, but it's easier than some other token systems. Here are the basic steps:
-> Come up with a name and symbol for your token.
-> Generate a new token ID to identify it.
-> Decide how many tokens you want to make.
Mint your tokens and send them out into the world using your wallet.
What Information Is Stored in SLP Tokens?
When you make an SLP token, information like the name, number of decimals and other details get baked right in. This helps wallets know the token is legit and figure out just what it is. The SLP rules say this data has to be formatted a certain way or it won't work right. Having it standardized makes the system run smoother.
Are SLP Tokens Safe from Theft and Such?
While SLP tokens benefit from the security of the Bitcoin Cash blockchain, they are not as secure as Bitcoin Cash itself because they are not the primary focus of the network's security. Developers keep working to improve security, but caution is wise when dealing with new technology like this. As with anything valuable, be smart and protect your tokens.
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EURUSD, 15-minute timeframe chart
EURUSD retested the resistance level of 1.10470
👉General outlook
EURUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.10470.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1.10460.
Set your stop loss at 1.10630 above the previous high ($1.5 loss for 0.01 lot) and take profit at 1.10285 ($1.5 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.03.
The upcoming news will not influence your orders within the mentioned period.
EURUSD retested the resistance level of 1.10470
👉General outlook
EURUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.10470.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1.10460.
Set your stop loss at 1.10630 above the previous high ($1.5 loss for 0.01 lot) and take profit at 1.10285 ($1.5 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.03.
The upcoming news will not influence your orders within the mentioned period.
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Automate with Ease : The Power of Smart Contracts.
Smart contracts are revolutionary tools in the world of blockchain, serving as self-executing contracts with terms written directly into code, automating enforcement and execution when conditions are met.
They're like digital rules engines that ensure agreements are kept, without needing intermediaries.
A simple example, imagine a smart contract that automatically releases payment to a freelancer once their work is approved by a client. No need for lawyers or paperwork - just efficient, secure, and transparent execution!
Smart contracts are revolutionary tools in the world of blockchain, serving as self-executing contracts with terms written directly into code, automating enforcement and execution when conditions are met.
They're like digital rules engines that ensure agreements are kept, without needing intermediaries.
A simple example, imagine a smart contract that automatically releases payment to a freelancer once their work is approved by a client. No need for lawyers or paperwork - just efficient, secure, and transparent execution!
XAUUSD, 30-minute timeframe chart
XAUUSD pulled back from the resistance level of 2,425.40
👉Level explanation
XAUUSD has been trading in a bullish trend within the last day. The pair moved up to the resistance level of 2,425.40.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 2,419.20.
Set your stop loss at 2,432.44 above the previous high ($13.24 loss for 0.01 lot) and take profit at 2,405.92 ($13.24 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
The upcoming news will not influence your orders within the mentioned period.
XAUUSD pulled back from the resistance level of 2,425.40
👉Level explanation
XAUUSD has been trading in a bullish trend within the last day. The pair moved up to the resistance level of 2,425.40.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 2,419.20.
Set your stop loss at 2,432.44 above the previous high ($13.24 loss for 0.01 lot) and take profit at 2,405.92 ($13.24 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
The upcoming news will not influence your orders within the mentioned period.
How 5G Network Can Revolutionize the Crypto Industry (Part 1)
5G represents the fifth generation of mobile networks, succeeding 1G, 2G, 3G, and 4G. It introduces a new global wireless standard aimed at connecting virtually everyone and everything, including machines, objects, and devices.
5G technology is designed to offer higher multi-Gbps peak data speeds, ultra-low latency, greater reliability, massive network capacity, increased availability, and a more consistent user experience. Its superior performance and efficiency enable new user experiences and facilitate the connection of new industries.
5G technology boasts a theoretical peak speed of 20 Gbps, significantly surpassing 4G's peak of 1 Gbps. It also offers lower latency, enhancing the performance of business applications and digital experiences such as online gaming, videoconferencing, and autonomous vehicles.
5G represents the fifth generation of mobile networks, succeeding 1G, 2G, 3G, and 4G. It introduces a new global wireless standard aimed at connecting virtually everyone and everything, including machines, objects, and devices.
5G technology is designed to offer higher multi-Gbps peak data speeds, ultra-low latency, greater reliability, massive network capacity, increased availability, and a more consistent user experience. Its superior performance and efficiency enable new user experiences and facilitate the connection of new industries.
5G technology boasts a theoretical peak speed of 20 Gbps, significantly surpassing 4G's peak of 1 Gbps. It also offers lower latency, enhancing the performance of business applications and digital experiences such as online gaming, videoconferencing, and autonomous vehicles.
Where to store large amounts of crypto
If you have accumulated a significant amount of cryptocurrencies (congratulations), you should strongly consider storing your coins in a hardware wallet.
However, sometimes, there is a problem: There are coins that are not supported by any existing cold storage. At the same time, storing coins on an exchange, as you know, is not recommended.
So, what should you do in such a situation?
If the amount is substantial and you don’t want to store it in a regular software non-custodial wallet on your PC or smartphone, do this: Get a separate laptop exclusively for storing coins.
Don’t use it for surfing the internet at all—just install the necessary blockchain wallets and open it strictly when you need to make a transaction with coins.
Thus, in a sense, your computer is a “semi-cold” vault.
If you have accumulated a significant amount of cryptocurrencies (congratulations), you should strongly consider storing your coins in a hardware wallet.
However, sometimes, there is a problem: There are coins that are not supported by any existing cold storage. At the same time, storing coins on an exchange, as you know, is not recommended.
So, what should you do in such a situation?
If the amount is substantial and you don’t want to store it in a regular software non-custodial wallet on your PC or smartphone, do this: Get a separate laptop exclusively for storing coins.
Don’t use it for surfing the internet at all—just install the necessary blockchain wallets and open it strictly when you need to make a transaction with coins.
Thus, in a sense, your computer is a “semi-cold” vault.
Bitcoin's Coinbase premium hit a 39-day high as the price reclaimed $63K. The Coinbase Premium Index, which measures the gap between $BTC prices on Coinbase Pro vs Binance, reached 0.0114 - its highest since July 15. This suggests increased US investor demand.
The surge in demand followed Fed Chair Jerome Powell's speech at Jackson Hole, where he indicated that interest rate cuts were likely, though no specific timeline was given.
Do you think $BTC will surge further this coming week?
👍 Yes
👎 No
The surge in demand followed Fed Chair Jerome Powell's speech at Jackson Hole, where he indicated that interest rate cuts were likely, though no specific timeline was given.
Do you think $BTC will surge further this coming week?
👍 Yes
👎 No
What is Snapshot ?
Traditionally, the term snapshot refers to the ability to record the state of a computer system or storage device at a specific point in time. In cryptocurrencies, a snapshot is often describing the act of recording the state of a blockchain on a particular block height. In this case, the snapshot records the contents of the entire blockchain ledger, which includes all existing addresses and their associated data (transactions, fees, balance, metadata, and so on).
Snapshots are commonly used during airdrops events before each round takes place. During an airdrop, tokens are distributed based on the balance of each blockchain address. In this case, snapshots are taken to record the balance of each token holder, at a specific point in time (i.e., block height). In most cases, users can move their funds after the snapshot is taken, without compromising their eligibility to participate in that round of distribution.
Snapshots are also important during blockchain hard forks, as they mark the block height in which the main chain will be recorded before giving birth to the new chain. For instance, when the Bitcoin Cash hard fork took place (on August 1st, 2017), every blockchain address that had Bitcoins at block 478,558, had the balance copied on the Bitcoin Cash blockchain. The reason for that is because both blockchains share the same historical data prior to the fork. As soon as the split is done, each blockchain network will operate independently.
Traditionally, the term snapshot refers to the ability to record the state of a computer system or storage device at a specific point in time. In cryptocurrencies, a snapshot is often describing the act of recording the state of a blockchain on a particular block height. In this case, the snapshot records the contents of the entire blockchain ledger, which includes all existing addresses and their associated data (transactions, fees, balance, metadata, and so on).
Snapshots are commonly used during airdrops events before each round takes place. During an airdrop, tokens are distributed based on the balance of each blockchain address. In this case, snapshots are taken to record the balance of each token holder, at a specific point in time (i.e., block height). In most cases, users can move their funds after the snapshot is taken, without compromising their eligibility to participate in that round of distribution.
Snapshots are also important during blockchain hard forks, as they mark the block height in which the main chain will be recorded before giving birth to the new chain. For instance, when the Bitcoin Cash hard fork took place (on August 1st, 2017), every blockchain address that had Bitcoins at block 478,558, had the balance copied on the Bitcoin Cash blockchain. The reason for that is because both blockchains share the same historical data prior to the fork. As soon as the split is done, each blockchain network will operate independently.
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5 market research tools you need to know
The key to success for any business is good market research. Business owners and marketers need to understand the competition, stay on top of industry trends, and adapt quickly as markets shift.
It's no longer necessary to order expensive studies from agencies. You can get the info you need independently with effective solutions. Here are some of them:
⚙️ Craft lets you review how a particular competitor has grown and gained market share. You can study their growth over time, social presence, brand trends, market positioning, and the latest company news.
⚙️ Social Searcher shows you emerging trends and topics that matter in your market. You can find keywords, content, mentions, users, and trends across social media networks. The tool also specifies what information you want with filters.
⚙️ Owletter tracks competitor email marketing efforts. It captures all emails from a specific website, uses artificial intelligence to analyze them, and alerts you of anything important you should know about. You can spot trends, track seasonality, and understand target audiences.
⚙️ Competeshark monitors changes to a competitor’s website in real-time. It visits your designated competitors’ websites and notifies you of changes like content updates, layout changes, or new promotions.
⚙️ Market Explorer shows the levels of market competition, market shares among competitors, and market size. It also compiles a list of the corresponding industry players. They’re separated into four categories — niche players, established players, game changers, and leaders.
❓ What tools do you use in your business?
The key to success for any business is good market research. Business owners and marketers need to understand the competition, stay on top of industry trends, and adapt quickly as markets shift.
It's no longer necessary to order expensive studies from agencies. You can get the info you need independently with effective solutions. Here are some of them:
⚙️ Craft lets you review how a particular competitor has grown and gained market share. You can study their growth over time, social presence, brand trends, market positioning, and the latest company news.
⚙️ Social Searcher shows you emerging trends and topics that matter in your market. You can find keywords, content, mentions, users, and trends across social media networks. The tool also specifies what information you want with filters.
⚙️ Owletter tracks competitor email marketing efforts. It captures all emails from a specific website, uses artificial intelligence to analyze them, and alerts you of anything important you should know about. You can spot trends, track seasonality, and understand target audiences.
⚙️ Competeshark monitors changes to a competitor’s website in real-time. It visits your designated competitors’ websites and notifies you of changes like content updates, layout changes, or new promotions.
⚙️ Market Explorer shows the levels of market competition, market shares among competitors, and market size. It also compiles a list of the corresponding industry players. They’re separated into four categories — niche players, established players, game changers, and leaders.
❓ What tools do you use in your business?
Decentralized Physical Infrastructure Networks (DePINs) – Part 1
As blockchain technology reshapes the digital landscape, its influence is extending into the physical world through Decentralized Physical Infrastructure Networks (DePINs). These networks bring a new level of fairness and inclusivity by integrating blockchain with physical infrastructure, offering an alternative to centralized models like Swiggy, where control is in the hands of a single authority.
DePINs represent the next frontier in decentralization, applying the principles of blockchain to physical infrastructure. They leverage smart contracts and the Internet of Things (IoT) to enable autonomous, real-time interactions, enhancing the efficiency, security, and transparency of systems like renewable energy grids and supply chains.
By distributing management across a decentralized blockchain network, DePINs eliminate the need for a central authority. These networks are already being applied in various domains, such as Energy Trading and Supply Chain Management
DePINs not only support sustainable practices, like promoting renewable energy, but also reduce dependency on large, centralized facilities. They fall into several major categories, including:
1. Cloud Storage Networks: Facilitating decentralized content delivery and VPNs.
2. Wireless Networks: Enabling the rollout of decentralized 5G technology.
3. Sensor Networks: Gathering real-time data from various sources.
4. Energy Networks: Enhancing the efficiency and reach of decentralized energy grids.
DePINs are revolutionizing how we manage physical infrastructure, offering a sustainable and decentralized alternative to traditional systems. Stay tuned for Part 2!
As blockchain technology reshapes the digital landscape, its influence is extending into the physical world through Decentralized Physical Infrastructure Networks (DePINs). These networks bring a new level of fairness and inclusivity by integrating blockchain with physical infrastructure, offering an alternative to centralized models like Swiggy, where control is in the hands of a single authority.
DePINs represent the next frontier in decentralization, applying the principles of blockchain to physical infrastructure. They leverage smart contracts and the Internet of Things (IoT) to enable autonomous, real-time interactions, enhancing the efficiency, security, and transparency of systems like renewable energy grids and supply chains.
By distributing management across a decentralized blockchain network, DePINs eliminate the need for a central authority. These networks are already being applied in various domains, such as Energy Trading and Supply Chain Management
DePINs not only support sustainable practices, like promoting renewable energy, but also reduce dependency on large, centralized facilities. They fall into several major categories, including:
1. Cloud Storage Networks: Facilitating decentralized content delivery and VPNs.
2. Wireless Networks: Enabling the rollout of decentralized 5G technology.
3. Sensor Networks: Gathering real-time data from various sources.
4. Energy Networks: Enhancing the efficiency and reach of decentralized energy grids.
DePINs are revolutionizing how we manage physical infrastructure, offering a sustainable and decentralized alternative to traditional systems. Stay tuned for Part 2!
Forwarded from Crypto city
#BTC formed a falling wedge pattern and over the major support zone, moving back and forth to it. Good part is price gave a breakout and inside of the zone. A weekly closing is needed to have some clarity in the market.