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ENSIGN TRADING
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🚨 BREAKING : #FOMC Rates Remain Unchanged ( ~ 5.50% )
Good for #Bitcoin 🔥
No Changes 🚀🚀 #
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👀 The crypto industry has gotten a boost from the US supreme court. What it means. The US Supreme Court has overturned the Chevron doctrine, which gave regulators discretion to interpret the laws they are charged with enforcing. It will now become more difficult for the SEC to carry out enforcement actions against cryptocurrency companies due to the near total lack of legal and regulatory clarity in the industry.
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Here's the Analysis of #PIXEL : #PIXEL invalidates the Falling Wedge Pattern, by broking it below and looking left nothing look good as support. We just have the Listing price area. So better to wait for the flip of $0.32 resistance area for buys. #pixel
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What Is Shamir’s Secret Sharing? Shamir's Secret Sharing scheme uses an algorithm in cryptography to safely distribute parts of highly sensitive data among a network or group to prevent unauthorized access to the data. The data is divided into smaller parts called shares which are then distributed into a group or network. This scheme is named after a prominent Israeli cryptographer, Adi Shamir. Shamir's Secret Sharing helps significantly reduce the chances of failing to decrypt the sensitive information distributed on the network. It is due to a feature that allows decryption of the information without needing all the shares. Instead, a number lower than the total number of shares called the threshold is set which greatly reduces the chance of a failure if certain parties of the network are unavailable. Example Let’s assume a company called ABC with 12 members wanting to safeguard a vault using Shamir’s Secret Sharing. The key to the vault is encrypted and is divided into 12 parts, called shares. These shares are then distributed to the members on the network, meaning that the vault would require a certain number of these members to allow access. Now, due to the threshold feature, even if one or two members are not available at a specific time, the vault could still be accessed with the presence of the other members. This helps to mitigate the risk of failing to decrypt the passcode while keeping the vault safe and secure. The Process of Forming Shares Shamir’s Secret Sharing is developed through a complex algebraic algorithm that estimates unknown values in a gap between two points. It is called polynomial interpolation. What this means is that the algorithm encodes the information needed to be encrypted into a polynomial expression. This is basically the dividing phase before distributing it through the network to the members. Instead of requiring all the members, only the threshold number is needed which provides enough data points to correctly estimate the values between the gaps in the encrypted shares.
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Unpopular opinion: You don't always have to be a hodler. Swing trading and futures are great ways to print in a choppy market. Futures can be very profitable if you just pay attention to bitcoins sentiment at the given time along with altcoin’s support and resistance, especially after a retest. ⎆ Do take profit early ⎆ You’re not a pro and you will not make a killing on a single trade. ⎆ Its a marathon not a sprint Don't get me wrong, I have my DCA bags, but don't get married to solely that idea. I might even short some coins that i hold if the opportunity presents itself. Study the market case by case and day by day, be flexible. Short to medium term gains shall not be slept on.
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Short ⚡️⚡️ #10000SATS/USDT ⚡️⚡️ Leverage: Cross (50х) Entry Targets: 0.001564 Take-Profit Targets: 1) 0.00154 2) 0.00152 3) 0.00151 4) 0.00149 5) 0.00147 6) 0.00145 7) 🚀🚀🚀 Stop Targets: 5-10% ⚡️⚡️ #1000BONK/USDT ⚡️⚡️ Leverage: Cross (50х) Entry Targets: 0.026520 Take-Profit Targets: 1) 0.02612 2) 0.02586 3) 0.02559 4) 0.02519 5) 0.02493 6) 0.02453 7) 🚀🚀🚀 Stop Targets: 5-10% ⚡️⚡️ #1000PEPE/USDT ⚡️⚡️ Leverage: Cross (50х) Entry Targets: 0.0092856 Take-Profit Targets: 1) 0.00915 2) 0.00905 3) 0.00896 4) 0.00882 5) 0.00873 6) 0.00859 7) 🚀🚀🚀 Stop Targets: 5-10%
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