Here's the Analysis of #AAVE :

#AAVE is been making series of Higher Highs and Higher Lows, which rejected both sides of the zones. The Resistance zone is at $118 - $120 and Strong Support is at $107 - $109. Currently, price rejected the strong support zone and kept on hodlig the trendline too. This is a new range to trade within and a drop back to $111 will be a good buys till resistance and break too.

#Bitcoin made a push again, try to break the #YTD but got a bit rejection. Weekly closing did something better, which above the $60,000 and $62,000 too. Now, #LTF broke out of the range and expected to reach the area around $64,800 - $66,000.

#KSM goes again as per the plan, price moved around 10.3% in profits and 1st one in 21.60%. Better to move it to breakeven and books some profits. Next targets will be $62.00 and $66.00 resistance.

#BTC 65,000 🚀

As market momentum gains steam and investors secure their highest unrealized profits since the November 2022 all-time high (#ATH), we can examine inflows into major exchanges as an indicator of trading activity and speculation.

The combined volume of deposits and withdrawals has steadily grown, hitting an impressive $5.57 billion in daily flow in and out of exchanges, comparable to the activity observed during the November 2022 market peak.

What Is a Mutual Credit Line?

Mutual credit functions as a decentralized exchange network where internally created money serves as a medium of exchange. It operates within a closed system where deposits balance total deficits, maintaining equilibrium and preserving the value of money. Each unit of currency in circulation is necessary to settle debts within the network, fostering mutual reliance and eliminating the stigma of debt.

Credit lines within mutual credit networks are allocated to members in the network's currency, enabling them to spend within predefined limits. These lines allow members to purchase goods or services from one another, creating negative balances in their accounts. Repayment occurs when members sell goods or services to others in the network, reducing their negative balance.

Why Are Mutual Credit Lines Needed?

Credit line issuance methods vary among networks, ranging from traditional credit assessments to alternative measures like trust-based evaluations. Mutual credit lines democratize access to credit, spreading the risk of default across the network. In case of default, the system deviates from equilibrium, which can be rectified by purchasing excess currency units or providing equivalent value.

The need for mutual credit lines arises from the difficulty faced by certain groups, such as freelancers and micro-entrepreneurs, in accessing credit through traditional channels. By decentralizing credit issuance, mutual credit empowers resource-rich but cash-poor communities, stimulating economic activity and fostering value growth. In contrast to centralized economies where credit issuance favors certain entities, mutual credit promotes equitable distribution of credit and currency issuance rewards.

We will share a guaranteed 50%-100% news based Kucoin Gemcall in 1 hour. Prepare USDT😊

Stay tuned

Market Buying $NWC here

Reason: Monthly chart is parabolic. Strong future developments. Huge rumors about GameFi.

Note: HOLD for 3 Months MINImum and see 100x.

Enjoy 👉 https://www.kucoin.com/trade/NWC-USDT

Don't miss out on this rocket ride to massive profits! 💰

https://x.com/NwcPublic/status/1764669215913472331?s=20

#NWC team dropping the biggest bombshell soon! 💣

Get ready for a price explosion fueled by anticipation of biggest announcement by the #NWC team

Buy it now 🚀 https://www.kucoin.com/trade/NWC-USDT

Don't miss out on this rocket ride to massive profits! 💰

https://x.com/NwcPublic/status/1764669215913472331?s=20

#ETH UPDATE :

#ETH aggressively broke out of the range and moved up as #BTC climbed too $67,000. Currently, price reached the major resistance area of $3550 - $3613 and Looks like it gonna break it too. In case if it break above, then it open the gate for #ATH. But three will be minor resistances $4111, $4450, $4665., which might not gonna hodl it.

#BTC kept on pushed as #LTF given the breakout and moved above the Resistance too. Price Nearly got into #ATH and now dropping a bit. Price now, expected to retest it back as support zone and a new #ATH. kept on hodling the position and enjoy the ride.

#BTC.D kept on rising with the market condition and alts didn't goes as opposite as it should be. Index reached the major resistance zone of 54.60% - 54.60% and moving back and forth. Well, now #BTC is retracing and Index too, its now a waiting time as it might market got exhausted, so it better to sit back and observe.

We can see by segrating inflows to Exchanges by on-chain cohorts, allowing us to characterize the source of the deposits. The breakdown of total exchange deposit volume is as follows:

🔴 Short-Term Holders +$2.1B

🔵 Long-Term Holders +$120M

🟢 Inter Exchange Volume +$354M

The STH Cohort have consistently deposited over $2B per day in volume since mid-January, whilst also setting a new ATH of $2.46B in volume deposited overall. This underscores a high degree of speculative interest within the current market structure.

What Is Name Wrapper?

Name Wrapper is a smart contract that allows all registered ENS names to be converted into NFTs, expanding their customizability.
Creating sub-names has always been possible in ENS and the Name Wrapper builds on this. By allowing sub-names to be made trustless, the owner of the domain name cannot alter the subdomain once it’s been issued.

When an individual purchases a domain name, the owner becomes the registrant of that domain. This gives them the ability to alter the domain and create sub-names through the contract called the registry.

A sub-name is an additional name that can be created under a pre-owned registered domain. Names at any level can have sub-names created under them, and the Name Wrapper supports wrapping them and giving control over them to separate owners.

For instance, John Johnson owns a domain name, john.eth, and he wants to create sub-names for his partner Alice. John could create alice.johnson.eth — with its special permissions.

By wrapping all domains as ERC-1155 tokens, registrants can better customize their registered domains and sub-names to their needs by granting or revoking different permissions. These permissions are known as fuses.
All wrapped names come with standard and customizable built-in fuses, in which registrants have full access to all the registered domain and sub-name fuses. If registrants would like, they can burn these fuses thereby changing these permissions depending on their goals and needs for the domain name.

Name Wrapper and Expanded Use Case

The Name Wrapper takes .eth names from simple wallet name identities to tokens with varied purposes. These include building out such token-gated sub-names and renting sub-names for a fixed price. Sub-names can now be used by NFT artists as tokens issued to contributors, as well as by event organizers as tickets and proof of identity.

Similar is the use of wrapped names for airdrop distribution and community building. Projects can widely distribute multiple sub-names to community members while adjusting the permissions and ownership of the names as needed.

#Bitcoin Touched its #ATH 🚀🚀🚀🚀

Too Much Volatility in the market :-) 📈📉

#NWC Nice jump after our call✌🏻

More than 30% move since our call🚀

Still it have more room for growth as you can see in the chart it’s  breaking out after more than 650days of Accumulation 🚀

Here's the Analysis #IMX :

#IMX started to range below the Major Resistance Zone of $3.38 - $3.50 and kinda build the Head and Shoulder Pattern, which a market reversal pattern. But market is extremely bullish, so shorts will be risky as price is trying to break below the zone. You can take minor positions only for that, otherwise, wait for the dust to settle and take longs.

Notice of Removal of Margin Trading Pairs - 2024-03-15

https://www.binance.com/en/support/announcement/ebbb63034b374abd94a534cdeead44a6