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Here's the Analysis of #DOGE :
#DOGE bouncing off between the major level of support and resistance around $0.137 - $0.142 and $0.160 - $0.165. With that, price formed a bear flag pattern, which already broken to the downside and can reach the major support again. Short-term buys can be taken there or long after Daily candle close over major resistance.
#DOGE bouncing off between the major level of support and resistance around $0.137 - $0.142 and $0.160 - $0.165. With that, price formed a bear flag pattern, which already broken to the downside and can reach the major support again. Short-term buys can be taken there or long after Daily candle close over major resistance.
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#BTC rejected as per the call, and now at the $83,000 areas. Well, that a nice call and now price looks weak for this week and can further move lower towards the $81,500 and lower.
#BTC rejecting both side and formed a new consolidation range which now we need to see some sort of breakout now. Buyer and seller both are in low confidence.
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#TON haven't give a retest and dropped hard, in between price consolidated and reached the Major Support Zone, and reacting. Potentially we can see some sort of short-term pullback.
#TON have a short-term pullback and formed a small wedge pattern which is trying to break it now. Price moved 8% in favor and let see how much it can go.
While Bitcoin sees growing institutional demand through ETFs, retail traders have shifted toward alternative cryptocurrencies. XRP serves as a good indicator of retail speculation, with its daily active addresses increasing 490% since the 2022 market bottom, compared to just 10% for Bitcoin. This stark contrast shows where retail enthusiasm is currently focused in crypto markets.
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ZK Rollups Explained ? A zk-rollup is a layer-2 scaling solution increasing Ethereum's throughput by processing transactions outside of the Ethereum mainnet. It alleviates congestion on the base layer and bolsters scalability. The three primary components…
Types of Zero-knoweldge Rollup (ZK Rollup)
Factors that differentiate various types of zero-knowledge rollups include:
Proof System: Refers to the type of zero-knowledge proof employed to verify on-chain transactions. Different proof systems possess distinct properties and trade-offs, such as proof size, verification time, prover time or trusted setup. Popular proof systems include zk-SNARKs, zk-STARKs, PLONK and Bulletproofs. Examples of zk-rollups using different proof systems are zkSync (PLONK), StarkWare (zk-STARKs), and Aztec (zk-SNARKs).
Circuit Design: Pertains to the encoding and execution of transactions on the layer-2 chain. Different circuit designs have implications for scalability, usability, and compatibility. Primary circuit designs include account-based, UTXO-based, and ZKVM-based.
Examples of zk-rollups using different circuit designs are zkSync (account-based), StarkWare (UTXO-based), and ZkPorter (ZKVM-based).
Data Availability Solution: Refers to the storage and access of full-block data off-chain. Different data availability solutions offer various pros and cons, such as decentralized storage networks (like IPFS), data availability committees (like Celestia), or data availability sampling (like Validium). Examples of zk-rollups using different data availability solutions are zkSync (IPFS), StarkWare (Validium) and ZkPorter (Celestia).
Factors that differentiate various types of zero-knowledge rollups include:
Proof System: Refers to the type of zero-knowledge proof employed to verify on-chain transactions. Different proof systems possess distinct properties and trade-offs, such as proof size, verification time, prover time or trusted setup. Popular proof systems include zk-SNARKs, zk-STARKs, PLONK and Bulletproofs. Examples of zk-rollups using different proof systems are zkSync (PLONK), StarkWare (zk-STARKs), and Aztec (zk-SNARKs).
Circuit Design: Pertains to the encoding and execution of transactions on the layer-2 chain. Different circuit designs have implications for scalability, usability, and compatibility. Primary circuit designs include account-based, UTXO-based, and ZKVM-based.
Examples of zk-rollups using different circuit designs are zkSync (account-based), StarkWare (UTXO-based), and ZkPorter (ZKVM-based).
Data Availability Solution: Refers to the storage and access of full-block data off-chain. Different data availability solutions offer various pros and cons, such as decentralized storage networks (like IPFS), data availability committees (like Celestia), or data availability sampling (like Validium). Examples of zk-rollups using different data availability solutions are zkSync (IPFS), StarkWare (Validium) and ZkPorter (Celestia).
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#BTC rejecting both side and formed a new consolidation range which now we need to see some sort of breakout now. Buyer and seller both are in low confidence.
#BTC still inside the consolidation range not movement yet. But yes tariff thing might come after while and market is not clear at the moment. We can only follow the Technical and make it along the way.
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#BTC.D continued its push higher and nearly wick filled the areas. Still its a bullish moved and can expect any fall so quickly, so better get to into short-term trading and hold the long-term holding as it is.
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Types of Zero-knoweldge Rollup (ZK Rollup) Factors that differentiate various types of zero-knowledge rollups include: Proof System: Refers to the type of zero-knowledge proof employed to verify on-chain transactions. Different proof systems possess distinct…
What Does “Zero Knowledge” Mean for ZK-Rollups?
In zk-rollups, the term "zero-knowledge" refers to the use of zero-knowledge proofs for on-chain transaction verification without requiring interaction or trust. Zero-knowledge proofs are cryptographic proofs that can demonstrate a statement's truth without disclosing any information about the statement itself.
Benefits of ZK-Rollups
Lower Gas Fees: By generating zero-knowledge proofs for transaction batches and submitting minimal on-chain data, zk-rollups increase efficiency and decrease gas costs.
Higher Throughput: By circumventing base layer congestion and limitations, zk-rollups achieve faster transaction speeds and reduced confirmation times. Some estimates suggest zk-rollups can increase throughput by up to 100x.
Faster Confirmation Times: Users no longer need to wait for block confirmations on the base layer, which could take several minutes or hours depending on network conditions. Instead, they receive immediate feedback and finality on the layer-2 chain.
Privacy Features: Zk-rollups enhance transaction privacy by using zero-knowledge proofs to verify them on-chain without disclosing any information. This means minimal data is posted on-chain, and no information about the transactions is leaked. Zk-rollups also offer privacy features, such as concealing transaction amounts or recipients.
Security and Integrity: Zk-rollups inherit the robustness and trustlessness of Ethereum's consensus mechanism and validator network. Users don't need to trust third parties or intermediaries to process their transactions or store their data.
Challenges or Limitations of ZK-Rollups
Proof Generation Cost: The cost of generating a zero-knowledge proof for a transaction batch depends on the complexity of the transactions, the proof system and the circuit design. Proof generation costs can be high for some use cases, potentially affecting zk-rollups' scalability and usability. Reducing proof generation costs involves using more efficient proof systems or circuit designs or subsidizing or incentivizing provers.
Circuit Complexity: This refers to the complexity of encoding and executing transactions on the layer-2 chain, depending on the circuit design and transaction functionality. High circuit complexity can affect zk-rollups' scalability and usability for certain use cases. Reducing circuit complexity involves using more optimized or specialized circuit designs or simplifying or standardizing transactions.
Compatibility Issues: Zk-rollups aren't fully compatible with existing smart contracts and tools running on Ethereum, necessitating changes or adaptations. Developers might need to use different languages, frameworks, libraries, or standards to write smart contracts for zk-rollups. Users might also need different wallets, browsers, or interfaces to interact with zk-rollups. Addressing compatibility issues involves using more interoperable or universal solutions or providing education and support for developers and users.
In zk-rollups, the term "zero-knowledge" refers to the use of zero-knowledge proofs for on-chain transaction verification without requiring interaction or trust. Zero-knowledge proofs are cryptographic proofs that can demonstrate a statement's truth without disclosing any information about the statement itself.
Benefits of ZK-Rollups
Lower Gas Fees: By generating zero-knowledge proofs for transaction batches and submitting minimal on-chain data, zk-rollups increase efficiency and decrease gas costs.
Higher Throughput: By circumventing base layer congestion and limitations, zk-rollups achieve faster transaction speeds and reduced confirmation times. Some estimates suggest zk-rollups can increase throughput by up to 100x.
Faster Confirmation Times: Users no longer need to wait for block confirmations on the base layer, which could take several minutes or hours depending on network conditions. Instead, they receive immediate feedback and finality on the layer-2 chain.
Privacy Features: Zk-rollups enhance transaction privacy by using zero-knowledge proofs to verify them on-chain without disclosing any information. This means minimal data is posted on-chain, and no information about the transactions is leaked. Zk-rollups also offer privacy features, such as concealing transaction amounts or recipients.
Security and Integrity: Zk-rollups inherit the robustness and trustlessness of Ethereum's consensus mechanism and validator network. Users don't need to trust third parties or intermediaries to process their transactions or store their data.
Challenges or Limitations of ZK-Rollups
Proof Generation Cost: The cost of generating a zero-knowledge proof for a transaction batch depends on the complexity of the transactions, the proof system and the circuit design. Proof generation costs can be high for some use cases, potentially affecting zk-rollups' scalability and usability. Reducing proof generation costs involves using more efficient proof systems or circuit designs or subsidizing or incentivizing provers.
Circuit Complexity: This refers to the complexity of encoding and executing transactions on the layer-2 chain, depending on the circuit design and transaction functionality. High circuit complexity can affect zk-rollups' scalability and usability for certain use cases. Reducing circuit complexity involves using more optimized or specialized circuit designs or simplifying or standardizing transactions.
Compatibility Issues: Zk-rollups aren't fully compatible with existing smart contracts and tools running on Ethereum, necessitating changes or adaptations. Developers might need to use different languages, frameworks, libraries, or standards to write smart contracts for zk-rollups. Users might also need different wallets, browsers, or interfaces to interact with zk-rollups. Addressing compatibility issues involves using more interoperable or universal solutions or providing education and support for developers and users.
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#BITCOIN DAILY TF UPDATE : #BITCOIN on Daily TF, dropped hard and this week retraced a bit, back to resistance now, and also on resistance trendline. So might see some sell-off by next week.
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#TOTAL ANALYSIS : #TOTAL printed the lower low and lower highs since Dec - Jan and likely to kept on continuing lower. Index moved up for the short-term and might be rejected from the area and drop towards the major support area of $2.10T mark.
#TOTAL gave a shallow break of the channel and trying to break the resistance, but struggling at the moment. In case of the flip too, we're still at uncertainty for break of the $2.9T area as resistance.
While Bitcoin attracts institutional interest through ETFs, retail traders have shifted to alternative cryptocurrencies. XRP serves as an indicator of retail speculation, with its daily active addresses increasing 490% since the 2022 market bottom versus just 10% for Bitcoin. This contrast reveals where retail enthusiasm currently lies in crypto markets.
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Choose a Coin For Analysis
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#BITCOIN WEEKLY TF UPDATE : #BITCOIN on WEEKLY TF, retraced a lot and its all good for the market. Price even closed over the Daily TF just over $85,000 and Weekly also closing over it can be slightly good for the market.
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#DXY UPDATE : #DXY perfectly had a very sharp drop as per the prediction and reached the next major support area. Index was dropped due to fundamental alignment with the Tariff news. Now, next week can strongly move up and which can give relief in the market…