Educational Post

What are Real-World Assets (RWA) in DeFi?

Real-world assets transformed into digital tokens and stored on a blockchain or other distributed ledger technology are tokenized real-world assets. These include real estate, art, commodities and even intellectual property. Greater liquidity, transparency and accessibility are made possible by this digitization of physical assets, and it is frequently thought of as a way to modernize and democratize conventional financial markets.

Enhanced liquidity is one of the most important benefits of tokenizing real-world assets. Unlike traditional markets with set trading hours, cryptocurrency exchanges allow for 24/7 trading of these tokens, giving traders more freedom. Moreover, investor confidence is increased by the transparency built into blockchain technology, which further lowers the possibility of fraud and ownership conflicts.

Additionally, tokenization lowers the costs associated with asset management, such as paperwork, intermediaries and legal fees, by removing many of the entry barriers prevalent in traditional financial markets. Investor fees may be reduced as a result of this cost reduction.

However, tokenized real-world assets do have drawbacks, including regulatory considerations that differ by jurisdiction. Any tokenization project must adhere to local laws and regulations. Due to the vulnerability of digital assets to fraud and hacking, security is another crucial issue. To preserve these assets, effective custody solutions and security measures are required.

Despite these difficulties, tokenized real-world assets are a promising financial industry innovation that provides more inclusive investing options. Tokenization adoption is still in its early stages, and it might take some time to become widely accepted in traditional finance. Nonetheless, technology can change how we deal with and invest in physical assets.

#cpi #BTC

#MATIC+1.16% has reached the major resistance level, which may cause the price to drop towards the support area. If you are currently holding long positions, it may be a good idea to book your profits. However, if the resistance level is broken, we can expect the price to continue to rise.

Support Area: $0.747-$0.787

Next Resistance Area: $1.30-$1.35

#ZEN/USDT is now testing the support area. Open long positions here with tight stop loss. We are expecting a bounce from here towards the resistance area.

Support Area: $10.90-$11.30

Major Resistance Area: $14.10-$15.10

#BTC dumped as expected after the breakdown. We will see a continuation of the downward movement towards the support area. A test of the support is needed to check the strength of the uptrend.

First Support Area: $34,700-$35,000

Second Support Area: $33,300-$33,600

Resistance Area: $36,000-$37,000

Educational Post

What is Merged Margin?

Merged mining refers to the act of mining two or more cryptocurrencies at the same time, without sacrificing overall mining performance. Essentially, a miner can use their computational power to mine blocks on multiple chains concurrently through the use of what is known as Auxiliary Proof of Work (AuxPoW).

The idea behind AuxPoW is that the work done on one blockchain can be leveraged as valid work on another chain. The blockchain that provides the proof of work is called the parent blockchain, while the one that accepts it as valid is the auxiliary blockchain.

To perform merged mining, all the involved cryptocurrencies must be using the same algorithm. For instance, Bitcoin uses SHA-256, meaning that virtually any other coin that uses SHA-256 can be mined along with Bitcoin - as long as the technical implementations are properly done.

Notably, the parent blockchain is barely affected as it doesn’t have to go under any kind of technical modification. On the other hand, the auxiliary blockchain needs to be programmed to effectively receive and accept the work of the parent chain. Typically, adding or removing support for merged mining requires a hard fork.

In theory, merged mining can be an interesting method for a small (low-hash) blockchain to increase their security, by leveraging the hashing power of Bitcoin or another bigger chain. This could potentially reduce the possibility of 51% attacks, as long as enough miners agree to adopt merged mining.

#BTC #ETH #Polygon #BNBecosystem

SOME IMPORTANT TERMS YOU SHOULD
UNDERSTAND AS A CRYPTOCURRENCY TRADER AND INVESTOR
TT
1. Altcoins: Alternative cryptocurrencies to Bitcoin.
Examples include Ethereum, Litecoin, and Ripple.
2. Initial Coin Offering (ICO): A type of fundraising using cryptocurrencies, similar to an initial public offering in the stock market.
3. Token: A representation of a particular asset or utility that usually resides on top of another blockchain. Tokens can represent assets that are fungible and tradable.
4. Fiat: Government-issued currency, such as USD, EUR or JPY.
5. Mining: The process of verifying transactions on the blockchain. In return for providing this service, miners are rewarded with new coins.
6. Satoshi: The smallest unit of a Bitcoin, named after Bitcoin's creator.
7. Bull Market: A market condition where the prices cryptocurrencies are expected to rise.

#BTC #ETH #Polygon #sol #BinanceBlockchainWeek

The TOTAL2 (#AltcoinGrowth marketcap) broke the resistance area and as said altcoins are giving a good rally. We will see a continuation of the upward movement in altcoins.

First Support Area: $600-$620 Billion

Second Support Area: $545-$550 Billion

Major Resistance Area: $680-$700 Billion

#BTC is forming a symmetrical triangle on lower time frames, with an imminent breakout that will determine the short-term direction. The support and resistance levels remains the same.
#BTC

Analysis of #1000SHIB/USDT 📊

Time frame: 15 min ✅

🔖 The specified range was both in the range of the previous ceiling and the area of ​​high demand in the past of the market

Analysis of #ZIL/USDT 📊

Time frame: 15 min✅

🔖 Place the specified area on the bottom of the ascending channel, which overlaps with the last ceiling

Top 2Cryptocurrencies To Watch
Below $0.10
Follow
The cryptocurrency market is currently undergoing a significant surge, attracting both experienced and novice investors alike. While the more prominent players such as Bitcoin and Ethereum continue to make headlines with their impressive performances, there is a growing interest in more affordable alternatives. For those seeking to commence their investment journey with modest capital and the potential for substantial returns, here are the top three cryptocurrencies priced below $0.10.
Top 3 cryptocurrencies under $0.10
KASPA (KAS):
KASPA has recently garnered attention from investors seeking cost-effective opportunities. The asset has surged by over 2094% throughout the last year. This is mostly following the 75% uptick in the last week. At press time, KASPA was trading at $0.089423 with a 2.3% daily drop.
A significant indicator of KASPA's increasing prominence is the surge in trading volume. This reached $114,934,098.78 in the last 24 hours. It further represents a substantial 121.50% increase compared to the previous day. It signaled heightened market activity and growing confidence in the project.
SHIBA INU (SHIB):

Shiba Inu (SHIB) has been on a relatively bullish trajectory, although it is currently experiencing a minor dip. The meme coin was trading at $0.000008357, down by 2.85% in the past 24 hours.
The cryptocurrency has still achieved an overall growth of 7.7% for the week. Despite this temporary setback, the trading volume remains elevated, increasing by 61.01% to $282,688,671 at the time of writing.
1h 24h 7d 14d 30d ly
0.7% -3.4% 7.7% 5.0% 21.2% -15.7%
The sustained buying momentum suggests a solid foundation for Shiba Inu's ambitious goals. Therefore, it aids in keeping the project on track to potentially eliminate one more zero in the near future.

#BLUR/USDT took a quick spike to the support area and bounced from there. Price tested the resistance area as expected and was unable to break in the first attempt. The resistance area remains the same.

Support Area: $0.30-$0.31

Resistance Area: $0.435-$0.483

#BitcoinBoom #BTC is currently trading near the $37,000 resistance area, but with low trading volume indicating a lack of buying pressure at these prices. The support level remains unchanged.

First Support Area: $34,700-$35,000

Second Support Area: $33,300-$33,600

Resistance area: $36,000-$37,000 (Remains Same)

#Doge🦊 Looks ready to go as well. Holding nicely above the Daily 200MA/EMA with a lot of untapped highs above.
#DOGEProjections

#BTC🔥🔥 bounced after reaching below the support area for a stop-loss hunt. We expect one last pump to the $36,000-$37,000 range. Keep a tight stop loss on all open long positions and remember to book profits.

First Support Area: $34,700-$35,000

Second Support Area: $33,300-$33,600

Resistance area: $36,000-$37,000

The price of #BTC has been moving sideways and remains above its support area. At the same time, many #AltcoinRise are experiencing positive upward trends. If you have long positions, it may be a good time to start booking profits. It appears that BTC is losing momentum, and we may see one last pump up towards $36,000-$37,000 to liquidate all the retail short positions before heading downwards.

Educational Post

What’s a forced liquidation?

In Margin trading, a forced liquidation is triggered when changes in the token price result in all your assets can only repay the principal and interest of the loan. All of the positions of this pair are closed automatically to prevent further loss and ensure you do not default on your loan.

In Futures trading, to keep positions open, traders are required to hold a percentage of the value of their position, i.e., the Maintenance Margin percentage. If a trader fails to fulfill the maintenance requirement, their position will be taken over by the liquidation engine and be liquidated, and the maintenance margin will be lost.

A forced liquidation brings realized loss, so traders should try to avoid forced liquidation.

#BullRun #Ledger #BTC #MagicEden #XMR

#BTC dipped below support, signalling stop loss hunting and liquidations of overleveraged positions. #BTC is now testing support and needs to hold. The volume is still low.

Educational Post

What is BTC dominance? 

BTC dominance calculates Bitcoin's current share of the global crypto market cap. Short for “market capitalization,” market cap refers to the value that's currently stored in an asset. Typically, people measure market cap in terms of fiat currencies like USD.

In cryptocurrency, people calculate a market cap by multiplying the number of available tokens by the token's current price. 

For example, Bitcoin's price is $29,780, with 19.1 million coins in circulation. Here, you’ll multiply $29,780 by 19.1 million to get a market cap of $565 billion. 

How is BTC market dominance calculated?

To determine BTC dominance, you need to know Bitcoin’s current market cap and the overall crypto market cap. Most reputable coin price aggregator sites like CoinGecko and CoinMarketCap show this data on their homepage. Once you have these numbers, divide the Bitcoin market cap by the global crypto market cap. This formula will reveal the percentage of cash in the crypto market that's stored in Bitcoin.

For example, Bitcoin’s market cap at the time of writing is $565 billion, and the global crypto market cap is $1.3 Trillion. After dividing $565 billion by $1.3 Trillion , you get 47%. This means that 47% of the global crypto market cap is now in Bitcoin. 
#BTC #BTC #BTC #BTC

#BTC has broken resistance after multiple attempts and is currently trading above $35,000. However, there is low volume and momentum in BTC. We may see a reversal in the market at any time, so keep a tight stop loss in all trades. #BTC