How Stablecoins Remain Stable 🟡

Friends, today I decided to tell one banal topic, but many people simply do not know how and why it works. Namely, why stablecoins are stable.

Crypto is one of the most volatile markets. But even here there is a place for stability. Let's find out why stablecoins are stable.

⚫️Stablecoin — literally means a stable coin. This is a token that under normal conditions cannot rise or fall. It is always at the same price point. Often its price is pegged to the dollar: 1 token = $1. The most popular of them are USDT, USDC and DAI.

This is a good option if you don't want to invest in crypto, but you need to keep the money in dollars.

🧥 How do they stay stable?
Stablecoins are stable due to reserves in the bank. Which means that for every US dollar paid, there is 1 national dollar in the company's bank account. But these are centralized stablecoins. Decentralized ones achieve stability with the help of smart contracts and reserves in the crypt.

📔 Is it always stable?
Sometimes the price of stablecoins may change, depending on the circumstances. This term is called depeg.

A depeg is a situation when a fixed asset loses its 1:1 price peg. This is often due to FUD (fear, uncertainty and doubts). Some stablecoins cannot withstand the flow of negative information and get rid of it.

⚫️The most famous depeg was associated with Terra and its UST stablecoin. Now it is estimated at $0.01.

❔ Do you trust stablecoins?

🔥 - Yes, I keep savings in them.
🧐 - No, they can collapse at any moment.

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Discord and Twitter users lost $6.4 million 💵

I will make a small addition to a recent post about phishing sites.

🟠This week, Discord and Twitter users lost $6.4 million due to crypto hacks and phishing attacks. It's all the fault of phishing links distributed by bots among subscribers of popular accounts, as well as hacks of well—known Discord channels.

🟠It is important to note that the activity of intruders in 2023 has greatly increased. Monthly losses from phishing attacks exceeded $136 million, which is twice as much as in 2022.

📍Once again, I say: always double-check links and projects through the official resources. Especially if you take information from secondary sources.

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The worst month for BTC will end soon 💰

Friends, at the moment, BTC is not so bad.) The month closes almost at zero, but we still have 5 days and everything can change categorically.

➡️From interesting observations: altcoins are in the sideways, or growing. Despite the fact that Bitcoin was falling tonight. Dominance is falling.

⚫️I had already highlighted the possible strength of the alt-market a few weeks earlier. And we actually got a series of pumps on some altcoins. Of course, you can't call it an alt-season, but at least something. Now we have a continuation of the trend and a possible transition of liquidity, since against the background of Bitcoin, altcoins feels pretty good.

🔤 Now we should look for coins that have large accumulations, as a result of which strong movements up or down are possible. For example, you can follow FXS, PHB, LINK, LEVER, HFT.

The market forces us to be very careful, reduce working volumes and wait a lot. Nevertheless, we always try to look for opportunities, since the current risk can give a good risk ratio/profits.

❔ Would you like to see more posts about trading and investing? (from me and my team of analysts)

👍 - Yes, sure
🧐 - No

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Can BTC grow to 100X? 📊

Friends, if you are closely following the crypto market, you have seen that the topic of ETFs on Bitcoin is one of the most popular. Today I want to show you an interesting pattern that will change your vision for this aspect.

🔎 I'll start from afar. I'm sure some of you thought exactly the same way: "$100k is the maximum price that Bitcoin can rise", but if we take into account the Bitcoin ETF and assume that its approval can lead to the same consequences as when introducing an ETF for gold, we will see an interesting situation. Now carefully look at the picture.

In this image you can see a chart showing the change in the price of gold after the introduction of gold spot exchange traded funds (ETFs).

📍This period falls in the mid-2000s, when the value of gold as a reserve asset was not in doubt. In this context, it should be noted that Bitcoin is at an earlier stage of development, where its role and position in the market are still being formed.

Draw conclusions about the growth potential of BTC yourself.

❔ Do you believe that BTC will be able to repeat the history of gold?

👍 - Yes, sure
🧐 - No, it won't happen again

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Is BTC immortal? 💰

Dedicated to all those who don't believe in the future of BTC). Joke. Actually, just want to share with you the economic events that very much affected the crypto world from the negative side. That being said, BTC has shown itself to be very resilient in almost all situations.

📔The "Black Swans" who failed to drop BTC below $12,000:

• Three Arrows Capital liquidation
• Terra Luna failure
• Blockfi collapse
• Celsius collapse
• Voyager collapse
• FTX crypto exchange collapse
• Genesis filing for bankruptcy
• The SEC fighting with crypto

❔ Do you think the Binance exchange collapse can do it?

👍 - No
😱 - Yes

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A promising coin for your portfolio 📦

Friends, hello everyone. Today I wanted to share with you one of my finds - Radiant Capital (RDNT).

🔤 On October 3, this project will be launched on Ethereurm network, and this will give it access to large liquidity. This is very important for projects like this as it is a lending protocol. Also, a project for boosting farming on Radiant launched last weekend.

• The project's onchain metrics look pretty good too. The number of token holders in Arbitrum is only growing.

📍The token is now in a deep correction, so it could be a good buy for your portfolio. Now we need to see how the price will show itself at the 0.2450 level. If we can consolidate above the level, that is a good buy signal. All further updates on this coin will also be covered in this channel.

These are just my thoughts. Not a financial recommendation.

❔ Should I do more posts like this?

👍 - Yes
🧐 - No

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Optimism in the Bitcoin options market 💰

Friends, today I will share with you a little analysis on the market, and in particular on BTC.

📙 If we analyze the data on the open interest in BTC contracts, we can notice an increase in the optimism of traders. A large number of bets are being placed on options with strike prices in the neighborhood of $40,000 and $45,000.

An option is a contract that gives the buyer of an option the right, but not the obligation, to buy or sell an asset at a predetermined price. In our case, the asset is BTC and the fixed sale price is $40,000 and $45,000. This is just something I explained for understanding.

🔎 However, given the current market conditions - delayed Bitcoin-ETF approval, increasing returns on risk-free assets and decreasing interest in cryptocurrencies. Therefore, it stands to reason that reaching the $45,000 level by December could be a challenge. Only time will tell which of these predictions turn out to be correct, but $45,000 per Bitcoin in December is very unlikely!

❔ Do you believe in BTC at $45k by December this year?

👍 - Yes
🧐 - No

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Another coin for the spot 📦

Friends, hello everyone. Today I found another interesting coin - TrueFi (TRU).

⚫️TrueFi is a decentralized protocol that offers loans to users without collateral. The peer-to-peer mechanism does not rely on a third party for credit disbursement; instead, it assesses eligibility to draw loans through in-house credit scores.

Much of DeFi's success revolves around over-collateralized lending, where a user cannot withdraw their funds as some other user has borrowed assets but did not pay back to the lending protocol.

🔤 Now the price of this asset is at its minimum. Namely at the level of 0.038. Having tested the level of 0.026 the price made a false breakdown and did not go lower. Now we can expect growth up to 0.068. I think it can be a good idea to buy on spot. I advise you to use a maximum leverage of 2X.

📍Also, we have October ahead of us, historically the best month for Bitcoin. So, there is BTC will also show a post this month, it can also have a positive impact on TRU.

I’m especially attaching simple graphics so that you can clearly understand everything. This is just my opinion. Not a financial recommendation.

You asked for more posts like this. Take it, I don't mind.

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BTC is growing, but it is unclear why 📈

Thought I'd share my thoughts on Bitcoin's latest rise. Honestly, I was surprised.

⚫️The crypto market has been testing investors' faith lately. But tonight there was a "ray of hope": Bitcoin posted its best daily performance in recent memory, rising above $28,000.

🆙 Why such a rise is completely unclear. Globally, there are no reasons for it: neither internal nor external. The decision to launch spot bitcoin ETFs has been postponed, the macroeconomy is ambiguous, so too are the crypto industry's prospects.

• Perhaps the driver was the correction in the dollar index. The DXY has risen to a 10-month high recently. Perhaps this is a temporary window for growth in risk assets. But the trend of dollar strength has not gone anywhere.

• DXY is an index of dollar dominance: the higher it is, the worse it is for BTC.

📍Personally, I am now waiting for a small return to ~27.900. If we can gain a foothold in this area, the upward movement may continue. Also, a good idea to open a short position is the $31,000 level. This is a very strong historical level, so a pullback in this area is definitely worth waiting for.

You should trade very carefully now, as volatility has increased a lot. Always remember about risk management.

The picture accompanying the post shows the weekly chart for BTC.

❔ Do you believe in further growth this week?

🐳 - Yes
🧐 - No

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How do hackers sell cryptocurrency? 💵

Let's take a little break from the charts tonight and get to know one unknown person who has made quite a bit of noise lately.

📦 Blockchain analysts have discovered a person who is selling tokens stolen from CoinEx and Stake. They were able to make contact with him.

⚫️Previously, this person was selling $6 million worth of TRX for BTC and now $50 million worth of TRX, ETH and BNB were being offered for purchase. The stolen assets were to be exchanged via Telegram bot with a 3% discount from the market price of the token.

After a while, the hacker reported that the offered assets had been sold and new tokens would appear in about three weeks.

📍I sometimes get the feeling that hacker groups make more money than almost any other team in the crypto market). I know a lot of experienced crypto enthusiasts and their teams, and not all of them make several million every month (like this hacker and his team). So, we need to keep working harder, growing and making even more money. No matter how pathetic it sounds, we all love crypto and the earning opportunities it provides.

❔ Are you already making money from crypto?

👍 - Yes, I am an experienced cryptan
🧐 - No, I'm a beginner

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Friends, hello everyone. I am analyzing the market now and found one interesting coin - IOTX (4h).

↗️ I will not describe everything for a long time, so as not to take your time. On the chart of this coin you can trace a strong trend line, which time after time confirms itself.

⚫️Also, in the range of 0.01600 and 0.01450 you can see a sideways movement, within which the level of 0.01500 is traced (it is highlighted by the red line). If the price reaches this level in the interval of 3-4 days, we may see a good local bounce.

• Entry price: 0.01500
• Stop Loss: 0.01425 (5%)
• Take Profit: 0.01600 (10%)

Take profit may be moved to 0.01685 in the future. It is necessary to follow the state of the market.

This is just my opinion. Not a financial recommendation.

❔ Do you trade cryptocurrencies? (in addition to investing)

👍 - Yes, I trade
😱 - No, I am not knowledgeable and consider it very risky.

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Thoughts on Ethereum 🔹

Today I decided to share my thoughts on one of the major cryptocurrencies, Ethereum. How much I hold in my portfolio, what are my plans, etc.

📔At the moment I have about 25% of ETH in my portfolio. Also, our team uses ETH to work in retrodrops. Cumulatively, this takes up 27% in our portfolio.

⚫️Overall, Ethereum can be considered one of the most win-win strategies for investing, as it is currently a top 2 cryptocurrency in terms of capitalization (especially if you believe in it for its native infrastructure).

🔎 It's also worth noting that we're seeing a lot of FUD around ETH lately:
• decentralization no;
• there may not be deflation as activity goes to L0;
• it is compared to other newer blockchains (SUI / APT / SOL and others) and said to be slower and more expensive.

In fact, there are no normal theses why ether is bad. Ether has already chosen the way of rollups (L2) - it's increased demand for data = more expensive on L1. One way or another no one will leave Ethereum (I mean investors and projects), top-1 protocols are almost always launched on ether, as access to liquidity is the biggest there.

📍Important: at the moment, according to Santiment data, the lowest level of commissions for 2023 was recorded in the Ethereum network - the average value amounted to $1.13 for the current week. Such a low value was the lowest since November 2022. It was at the lowest commission values, almost a year ago, that ETH rose from ~$1107 to ~$2136 at its peak. You can draw your own conclusions on investing.

❕ Do you have Ethereum in your portfolio?

👍 - Yeah, I bought it a long time ago
😱 - No, I'm still thinking

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What cryptocurrencies Justin Sun (founder of Tron (TRX) and owner of Huobi (HTX) keeps in his wallet 🥅

Friends, we all like to look for promising projects that can give some X's in a bull market. But where can you look for such projects? One way is to analyze large wallets. To put it another way: analyzing Smart Money wallets.

Yes, it is difficult to find such wallets and often special scripts are used for this purpose. But that's not what we are talking about now.

☑️ I found one interesting information for you, namely Justin Sun's wallet.

⚫️The total value of cryptocurrencies owned by him is about $1.1 billion. Sun's assets are spread across various chains. TRON accounts for the majority of the assets, making up 64% of the portfolio with a value of $697.61 million. This is followed by Ethereum with $361.99 million and 33% of the total. BNB Chain and Arbitrum make up the rest of the portfolio with $38.74 million and $60.23 thousand, respectively.

• WSTETH: 168 556 WSTETH worth $311.18 million.
• USDD: 301,511,000 USDD in the amount of 301.51 million dollars
• USDJ: 191,357 million US dollars in the amount of 214.32 million dollars.м- TRX: 1.65 billion TRX worth $145.79 million.
• BTT: The company's portfolio includes 99.47 trillion BTT worth $38.03 million.
• JST: Sun has 1 billion JST worth $23.38 million.
• NFT: 17.60 trillion NFT worth $5.70 million.
• ETH: 3349 ETH in the amount of $5.42 million.
• SUN: 599,005,000 shares of SUN worth $3.32 million.
• WIN: 50.45 billion WIN worth $3.15 million.
• CRV: $5.31 million worth $2.48 million.
• BTC: 90 BTC worth $2.46 million.
• USDT: 1.30 million US dollars worth 1.31 million dollars.
• ZRX: 4.59 million ZRX in the amount of 834.39 thousand dollars.
• SUSHI: 328,009 sushi worth 183.25 thousand dollars.
• COMP: 4178 COMP in the amount of $178.44 thousand.

The above information does not call for buying any asset. We can choose this or that asset, analyze it and only then buy it.

❔ Is such content useful to you?

👍 - Yes
🧐 - No

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Friends, hello everyone 👋
I noticed an interesting picture on the Tron (TRX) today.

↗️ There is a strong uptrend on the coin. And the 0.08550 level is visible inside it (highlighted in red). Yesterday, the price made a retest of this level and did not go lower.

⚫️Now there is a potential that the price will go to the upper trend line. Therefore, now it may be a good idea to buy this coin on the spot. With a maximum of 2X.

📍This deal is still good because:

• If suddenly the price goes lower, then with a high probability it will turn around from the lower border of the trend, and then it will follow up.
• Also, Tron is one of the largest projects on the market, which in the future you can even leave in your portfolio and wait for the bull market.

❔ Do you believe in Tron for the long term?

👍 - Yes
🧐 - No

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How to find a 100x project? 📈

Today I analyzed tokens that showed good growth in the last cycle. The main conclusion from this: there is no point in accumulating "dinosaur projects".

This can be very useful for beginners. So be sure to read it.

🔤 The selection criteria I applied are:

1) Duration of creation
76% of projects appeared in the last cycle (19-20 years), and only 24% of them went public in the previous cycle of 2017. Thus projects created in bear market and at the beginning of bull cycle were more likely to go public.

2) Project focus
L0/L1/L2, GameFi/NFT/Metaverse, DeFi and meme-coins were the coins with the highest probability for X100+ growth. However, projects (L0/L1/L2) is the category that made x100 more than the others

⚫️GameFi and meme coins quickly made X on the hype. However, it's not certain that this will be true for the next cycle. L0/L1/L2 are the fundamental blockchains of entire ecosystems, it makes sense to invest in this area.

3) Momentum of Entry
Although many X100 projects were created during the 18-19 bear market, for 90% of tokens the best entry point was the March 2020 covid dump

❕ My main strategy now is to hunt for new and promising L0-L3 blockchains. In case you suddenly don't know what it is, you can read my earlier post.

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Binance founder's opinion on BTC halving 👑

Hello everyone. Today at his Binance Feed CZ gave his opinion on BTC halving, which is 100% in line with my opinion as well.

🔤 Quote:
" The few months leading up to the bitcoin halving (from now), there will be more and more chatter, news, anxiety, expectations, hype, hope, etc.
• The day after the halving, the bitcoin price won’t double overnight. And people will be asking why it didn’t.
• The year after the halving, bitcoin price hits multiple ATH (all time highs). And people ask why."

I have previously expressed my opinion on this event and wrote several posts about it. Here is one of them.

📍For newbies: at this point, there are ~6 months left until halving. During this time you need to build a competent investment portfolio and gain knowledge that will help you make money in a bull market. I'm telling you this as someone who has been through several up and down cycles already.

⚫️Don't be put off by this. Because this 6 months will go by very quickly. And someone will be able to earn a decent capital, and someone will stay in the same place where he was. This is a little motivation from me.

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What's happening with BNB 💲

Friends, hi everyone. I think many have already seen the situation, which is now happening on the chart of BNB. But just in case I will explain.

↗️ Now the token is almost "at the abyss". It reached the strong daily level of 203$, after which there is a void. At the moment, the price made a false breakdown of this level.

📔Now it is necessary to watch the reaction of the price. If we do not see a pullback up and the token will be pushed up to the level, it is a good signal for a short position.

• Entry price: 202$
• Risk per trade: 3% of the deposit
• There is no specific point for take-profit as there are no strong support levels below. The closest of them is at the price of $183.

This is just my opinion. Not a financial recommendation.

⚫️In order to improve the situation at least a little, CZ on Twitter is trying to hold on to its token in every possible way.

Today he announced a new Launchpool project Neutron + announcement of a new combustion. But so far he’s not doing very well.)

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Ethereum has been accused of fraud ☑️

One of the first Ethereum advisors, Steven Nerayov, has accused the project team of fraud.

🔤 After this statement from the famous blockchain developer, other interesting information surfaced:

1. Ethereum developers received funds to finance the project through Xi Jinping's affiliates.

2. Over 66% of all ETH mined before Ethereum's transition to PoS ended up in wallets owned by organizations affiliated with China.

3. Оrganizations close to the Chinese government were the largest investors in the Ethereum ICO, the project was funded through the Chinese conglomerate Wanxiang.

4. Most Ethereum projects are affiliated with Chinese organizations.

📍 It looks like we have a new FUD around Ethereum ahead of us. But as you understand, this in turn will negatively affect the price of the token.

❔ Do you think we will see ETH fall in the near future?

🧐 - Yes
🔥 - No

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Hello everyone. Found today a new interesting coin with a beautiful picture on the chart - YGG.

↗️ On the daily chart of the coin there is a strong level at $0.2660. If this level is broken, we may see an impulse. The impulse comes from the fact that the price knocks down the stop losses of sellers who shorted the token from this level.

• Entry point: 0.2721
• Take Profit: 0.2300
• Stop Loss: 0.3965
• Risk per trade: 2% of the deposit

📍This is a short-term trading idea. I do not recommend buying this coin on the spot. Always observe risk management and follow your trading strategy.

Not a financial recommendation.

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Strong hands accumulate BTC 💰

I found one interesting infographic on Glassnode's Twitter today. It shows how long-term holders are adding 50,000 BTC, or $1.35 billion, to their holdings each month. Holders continue to accumulate bitcoins and thus reduce the liquidity of the market.

🔤 As a result, the number of bitcoins held by long-term investors set a new record of 14.859 million - 76.1% of the available supply. Just imagine - more than 3/4 of all BTC are in the hands of big players. That's a lot.

At first, you might think that this is a negative factor, as they can easily manipulate the price if they want to. But on the other hand, it's not like they're going to drop the price.

📍Their goal is to make as much money as possible, and to do that they will try to pump up the price as much as possible. And this is good for both us and them.

❔ Would you like more posts with similar on-chain analytics on popular coins?

🔥 - Yes
🧐 - No

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