Drama like no other! 🤣

A hacker targeting Kyber demands full control of the company in exchange for returning the funds 🤣🤣🤣
My demands are as follows:
Complete operational control over Kyber (the company).Temporary authority and ownership of the governance mechanism (KyberDAO) to enact legal changes. My current wallet address is suitable for this purpose.All documents and information related to the establishment, structure, operations, revenue, profits, expenses, assets, liabilities, investors, salaries, etc.Handover of all assets of Kyber (the company). This includes both on-chain and off-chain assets. It encompasses, but is not limited to: stocks, ownership, tokens (both KNC and non-KNC), partnerships, blogs, websites, servers, passwords, codes, social channels, and any and all creative and intellectual assets of Kyber.
#KYBER #KNC #hackers

$BTC BTC Update - preparing for the resistance retest 📊

$BTC continues to trade within an ascending structure, with buyers are once again attempting to push towards $38,000, which has been a strong resistance for the past month.

While we haven't seen a confident consolidation above this level yet, the MACD crossover along with increasing volumes indicate the ongoing dominance of buyers.

For now, $BTC remain within a growing parallel channel, and the scenario of consolidating above the HVN zone of $38,000 - $38,750 and eventually forming an impulse structure above it remains a priority.

🧑🏻‍💻 Most indicators suggest the development of such a scenario. So, in the near future, I expect a breakthrough of resistance and a continuation of the movement towards $40,000. #BTC🔥🔥

🔥🔥🔥🔥🔥
📣Attention: Binance will completely cease support for BUSD in December. Anyone holding $BUSD is advised to promptly transfer to $USDT or another stablecoin.
#binannce #BUSD

💥ETF Update:
👉 Blackrock held a second meeting with the SEC to update their profile.
👉 Another fund registers for a Bitcoin ETF, bringing the total to 13 funds!
👉 Grayscale updates the operational policies of GBTC for the first time since its launch (preparing for an ETF?).
#ETFBitcoin #ETF

$ETH on-chain - sending strong signals 📡

While the technical market structure for $ETH continues to be bullish, to get the best perspective, it's crucial to assess fundamentals as well.

Aside from a notable outflow of $ETH from exchanges, an interesting trend is developing  - the number of validators exiting the network is increasing week by week.

💡 The trend is evident: anticipating the continuation of a market rally investors prefer liquidity to locking assets in staking.

Now, how does this impact ETH? Due to the decrease in the number of active validators, the emission rate has dropped to 0.5%. At the same time, high network activity led to burning within EIP-1559 has surged by 621%.

For the first time post-hard fork, $ETH has shifted from net inflation to deflation and is sustaining this trend - the circulating supply is consistently decreasing.

👨🏻‍🎓 Once again, we encounter this core economic principle: Decreased supply + Increased demand = Upside. #ETH #ethereum

📉The amount of $BTC (supply) on exchanges continues to be withdrawn, reaching its lowest point since December 2017.
📈The amount of USDT (buying power) stored in exchange wallets has reached $15.23 billion, the highest level since June 2022.
📈📉
#BTC🔥🔥 #btchalving2024 #btchalving2024

💡 Decoding the halving hype: what's behind it?

The first $BTC halving occurred exactly 11 years ago. At that time, the price of $BTC was $12, and miners received 25 $BTC for mining one block.

The next halving is scheduled for April 2024. Currently, $BTC is trading slightly above $37,000. Miners will recieve 3.125 per block.

🛠 Higher production costs incentivizes miners to hold, an increasing stock-to-flow ratio - there are numerous fundamental factors supporting the price growth. But the primary is:

Halving reduces the supply of new $BTC , introducing scarcity into the market. As demand increases or even remains constant, scarcity drives up the prices. Core economic principle.

🥷🏻 Right now, I won't make long-term price predictions. However, what I know for sure is evident on the historical chart - the market is gearing up for the halving well in advance. And so am I. #btc #btchalving2024

$XLM - adding some to my portfolio 💼
After breaking out of a 9-month accumulation zone, the price of $XLM exhibited a strong impulse, piercing its boundary with high volumes and establishing a local peak around $0.20.
Following the correction the imbalance was covered, and we observe that the upper channel boundary now acts as a support - the price has already shown a rebound and consolidated above.
🧑🏻‍🏫 Judging by the order blocks, the main layer of seller liquidity was removed during the initial impulse. Thus, the range of $0.12 - $0.20 becomes highly attractive for buyers.
Pay attention to the broader market— as anticipated, altcoins are demonstrating the strongest dynamics during overall recovery. Based on this trend, I anticipate $XLM making a move towards the 0.236 Fib ($0.218) in the coming weeks.
💁🏻 I entered $XLM with 3% of my deposit and placed a limit order for another 3% in case of a retest of the upper boundary of the accumulation channel.#