#BTC reversed after some sort of panic mode and manipulation and but still $26,600 Mark is standing strong as resistance zone. Good thing to say, price is good above $25,000 breaking it lower will lead in Panic dump again.

#BTC following up the range, and moving in our favor if you managed to enter after rejection. Price almost reached out the other end of the zone, so make to book profits and prepare for shorts over there.

#BTC.D nearly reversed from the major support zone and broken the structure too. Due to this, Altcoins made some crash over the short period of time. 50.64% is the next Resistance area where index can reach, so tighten the strong in open trades.

What is Permission less Blockchain ?

A permissionless blockchain is a type of blockchain network that allows anyone to join the network, participate in the process of block validation (often referred to as mining), and perform transactions without needing approval or permission from a centralized authority. It is characterized by its open and decentralized nature, which contrasts with permissioned blockchains that restrict access to a select group of participants.

Here are the key features and concepts associated with permissionless blockchains:

1. Decentralization: Permissionless blockchains operate on a decentralized network of nodes (computers) that collectively maintain the blockchain ledger. No single entity or authority has control over the network.

2. Open Access: Anyone can download the necessary software, become a node on the network, and participate in activities such as mining, transaction validation, and adding new blocks to the blockchain. There are no entry barriers or requirements to join.

3. Trustless System: Permissionless blockchains rely on cryptographic algorithms and consensus mechanisms (e.g., Proof of Work or Proof of Stake) to validate and secure transactions. Participants do not need to trust each other; they trust the blockchain's rules and mathematics.

4. Censorship Resistance: Transactions on a permissionless blockchain are resistant to censorship because there is no central authority that can block or reverse transactions. This feature is particularly valuable in regions with limited freedom of speech or oppressive governments.

5. Public Ledger: The entire transaction history of a permissionless blockchain is publicly accessible and transparent. Anyone can verify transactions, ensuring the integrity of the network.

6. Cryptocurrency: Many permissionless blockchains have their native cryptocurrencies (e.g., Bitcoin, Ethereum). These cryptocurrencies are used as incentives for miners, as a means of exchange, and to pay for transaction fees on the network.

7. Innovation: Permissionless blockchains encourage innovation because developers can create decentralized applications (DApps) on the platform without seeking approval. This has led to a wide range of use cases beyond simple currency, including smart contracts, tokenization, and more.

8. Energy Consumption: Some permissionless blockchains, such as Bitcoin, use energy-intensive consensus mechanisms like Proof of Work (PoW). This has raised concerns about their environmental impact due to the significant amount of computational power required.

9. Scalability Challenges: As more users join a permissionless blockchain network, scalability can become a challenge, leading to issues like slower transaction processing times and higher fees. Various solutions are being explored to address these challenges.

Notable examples of permissionless blockchains include Bitcoin (the first cryptocurrency), Ethereum, and many others that have emerged over the years. These networks have gained popularity for their ability to provide secure, decentralized, and borderless financial and technological solutions. However, they also face ongoing debates and challenges related to scalability, energy consumption, and governance.

Here's the Analysis of #KLAY :

#KLAY is is been heavily trending down breaking the major support zone of $0.132 - $0.136. and making Lower Lows. Well, No past levels w can see here as of now, so better wait for deeper retracements, to go shorts in it.

#BTC sustaining above the $26,000 level and breaking the resistance area too. Well, that's pretty much corrective move and price might dump which result a fakeout. Alternatively, a Daily Candle Close is Required.

#INJ flips above the $6.97 level and moved as per our plan as mentioned. Price is been pushing around 4% in favor and might move more. Currently, price testing the resistance and break & Close, which push the price till next resistance around $7.78.

If we isolate #stablecoins, we can see that a total of $43B in capital has been redeemed, representing a total decline of 26% since the high set in March 2022. This can be argued to be a result of both capital leaving due to bear market conditions, but also a reflection of the opportunity cost of higher interest rates, which are not passed onto non-yielding #stablecoins.

What is Polkadot Crowdloan ?

"Polkadot Crowdloan is the process of depositing Polkadot (DOT) tokens to endorse specific projects in the Polkadot Slot Auction. In return, participants stand to gain rewards from these projects.

Polkadot (DOT) is an open-source protocol facilitating data and application exchange among diverse blockchains. Within the Polkadot ecosystem, two blockchain types exist: the main chain, known as the Relay Chain, and parallel blockchains, referred to as parachains. The Relay Chain serves as the central hub, interconnecting various parachains. Parachains, akin to Ethereum Plasma chains, can process transactions independently, contributing significantly to blockchain scalability.

To secure a connection between parachains and the Relay Chain, parachain projects must secure a parachain slot through the Parachain Slot Auction. To participate in the auction, projects stake DOT, Polkadot's native token. The projects offering the highest DOT stakes can become Polkadot parachains and lease slots for durations ranging from 12 to 96 weeks.

To accumulate more DOT tokens for bidding, parachain teams can engage in Polkadot Crowdloan to obtain DOT from the community. Crowdloan functions as a crowd-funding mechanism enabling individuals to support specific parachain projects by staking DOT. Participants who stake DOT in a crowdloan campaign may receive rewards from the project, which can manifest as tokens from the supported parachain. Once participants engage in a crowdloan, the staked DOT becomes locked within the project's slot auction bid. In the event the project secures the auction, it can lease a slot to establish a connection between its parachain and the Relay Chain. The DOT tokens acquired through the crowdloan are subsequently locked within the parachain slot for the entire lease period, which spans from 12 to 96 weeks."

Here's the Analysis of #APE :

#APE Approaching towards its listing price in #binance and its ATL (All-Time Low) and kinda continue to drop like this till $1.00. Nothing we can do it right here, it better to have an eye on it. A deeper retracement can be good opportunity for shorting.

#BITCOIN DAILY TF UPDATE :

#BITCOIN doesn't played that well, and moved in a range. Price Retesting the Resistance zone around $26,600 and failing to break it. Well, its weekend now, expecting the volume to dried up more. A Rejection is expected through the level as overall, trend is down.

#SUSHI goes with the range and if you traded the range then you’re pretty good profits. Also, price is giving a breakout of the consolidation, potential scale in after a daily candle closure.

Here's The Analysis of #RUNE :

#RUNE is been made a strongly jumped after the retest of the support around $1.40 - $1.44 and also the break of the trendline. Price hits the Resistance Zone of $1.91 - $1.95 and might get a reject from here. In case of rejection you can go shorts, and long only after the breakout.

#BITCOIN WEEKLY UPDATE :

#BITCOIN making a bullish candle a quite aggressive dump and cleared our all the liquidity hovering below it. Price making another sort of liquidity and which might result in dump for next week till support zone around $24,600 (Grey Box).

"The 2021 bullish cycle was notably characterized by a prevailing inclination among investors to sell and secure profits amid the euphoria of upward trends. However, the mid-2022 declines of #LUNA-#UST and #3AC marked a pivot back towards net accumulation, as investors endeavored to establish stability within the market.

Nonetheless, since April of this year, the market has reverted to a relatively balanced state. This aligns with the deceleration in capital inflows into #BTC and #ETH, coinciding with a market atmosphere growing progressively indifferent and uncertain."

What is Paper Wallet ?

As the name suggests, a paper wallet consists of a piece of paper on which the public and private keys of a cryptocurrency address are physically printed out. These keys are often displayed as QR codes, along with their respective alphanumeric strings.
After a paper wallet is generated, its owner can receive cryptocurrency transactions by sharing their address with others. Transactions can be made by either manually inputting the keys or by scanning the QR codes with a smartphone.

Some paper wallet providers give users the option to generate new addresses and keys while being offline. To do so, users are required to download the wallet generator as an HTML file and execute it while being disconnected from the Internet.

Due to the possibility of generating addresses offline, paper wallets are often considered as an alternative for cold storage. Their security is also related to the fact that they present a completely analog format, meaning they are immune to hacker invasion or other attacks that can only be performed in the digital environment.

Paper wallets were very popular between 2011 and 2016, but their use is now being discouraged due to the many risks associated with it. Owing to the physical fragility of paper, they are subject to being damaged or destroyed fairly easily. It is also important to consider the security of the devices used to generate them, i.e., a clean computer and a printer that does not store file data after printing.

Another danger of using paper wallets comes from the misconception that funds can be sent multiple times from the same address. For example, imagine that Alice has 10 BTC on a paper wallet, and she wants to send 3 BTC to Bob while keeping the remaining 7 BTC. If Alice sends 3 BTC to Bob from her paper wallet, the remaining 7 BTC will be, by default, transferred to another address (known as the change address). This means that her paper wallet won’t have any balance left and she won’t be able to access those 7 BTC, as they were transferred to a change address that is not in her possession.

Alice could manually set the outputs of her transaction to include both Bob’s address and another address that she controls (to send the change back to her) - but this would require some technical knowledge. If Alice fails to create a change output for herself, the remaining 7 BTC could be taken by the miner that validates that transaction’s block. Therefore, she would be better off sending the entire balance (10 BTC) to a cryptocurrency wallet software, such as Trust Wallet, and only then send 3 BTC to Bob.