Hey crypto degens, with all the recent news about SVB, USDC and the general negative attitude of the SEC / US govt on crypto its really is tough out there.

That's why it's so important to diversify your portfolio to reduce your risk profile as much as possible in times like this.

Here's how I'm managing my portfolio this year and its really helped with my mental health.

13% - FTX (FTT)

13% - Anchor protocol

13% - Celsius (CEL)

13% - BlockFi

13% - equity stake in The Block

13% - Greyscale's BTC

10% - In a stablecoin like TUSD

13% - in Silicon Valley Bank.

Using this strategy has really helped my mental health, as I no longer have any crypto. The only bag I'm holding now is Dee's nuts.

Stay safe out there crypto degens. Not your keys, not your crypto.

NOTE: it's a sarcastic post :D happy weekend

#buildtogether #bicasso #crypto101 #antiscam #Bullish

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Ether and altcoins gained as bitcoin was treading water a day out from the Fed's latest interest rate decision.

There's been a rotation in gains over the past day, with ether higher by about 2% and bitcoin relatively flat around $28,000. Ether was trading at $1,810 by 11 a.m. EDT, up 4% according to TradingView data. Bitcoin slipped about 0.1% in the same period to trade at $28,070.

ETHUSD chart by TradingView

Some altcoins popped after a sluggish start to the week. Ripple's XRP jumped over 11%, Cardano's ADA was up 2%.

This week is all about Federal Reserve Chair Jay Powell, according to market maker B2C2's Adam Farthing. SoFi's head of investment strategy, Liz Young, told the On The Tape podcast on Monday that this is the central bank's most important decision yet.

"Two weeks ago, the market was evenly split between 25- to 50-basis points, and is now pricing in zero basis points and later rate cuts, despite inflation re-accelerating and the job market staying tight," Farthing said, adding that whatever the Fed decides, "crypto could do its own thing entirely."

"We have seen plenty taking profit at current levels, which makes sense as the $28,500-$28,800 is a historically important area: where the market stopped dropping in mid-2021," he said. A lot of those long traders have "simply recycled profits into call options, so it does feel that the market is short gamma to the topside. Either way, it's going to be a big week - strap in!"

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

#BNB #cryptotrading #bicasso

The Fantom blockchain has added crypto security firm De.Fi’s tools for users on its platform, a representative told CoinDesk on Tuesday.

As a security tool meant for protecting user transactions, De.Fi claims to have recorded and analyzed over 12 million issues from 1.15 million contracts in the past two years.

In the decentralized finance (DeFi) ecosystem, users depend on themselves to self-custody their assets and protect against scams such as rug pulls, phishing attacks, and contract exploits.

This year alone, over $420 million has been lost to such scams, according to De.Fi's Rekt Database. Tools offered by De.Fi addresses these challenges by alerting users on common vulnerabilities and ensuring that they transact with trusted smart contracts.

De.Fi’s products for Fantom include Scanner, which can automatically assess and assign a security score to smart contracts on the blockchain, and Shield, which analyzes user wallets and allows them to revoke approvals deemed risky by the tool.

“As blockchain technology gains adoption and proliferates, so do threats to its security,” said Michael Kong, CEO at Fantom Foundation, in a statement to CoinDesk. “Fantom is pleased to welcome De.Fi’s Web3 Defense Suite to its ecosystem, which will further complement Fantom’s best-in-class smart contract security offerings.”

Edited by Parikshit Mishra.

#crypto2023 #dyor #Web3 #bicasso

🚨 Bitcoin Scalp Analysis 🚨

📉 Placed short limit order at $29,300-$29,500 for #BTCUSDT with a manual stop loss at $29,900.

💸 Expecting a hit at $29k level due to high leverages liquidation in the area.

Follow Us 😘 for More Trading and Quality Analysis.

#Binance #crypto2023 #BTC #bicasso #bitcoin

"Despite breaking the trend line earlier, CTK hasn't seen much growth compared to other currencies. If it can break resistance at $0.840-0.820, potential for growth up to $1. Keep an eye on CTK!"

#BTC #crypto2023 #Binance #BNB #bicasso

Binance, the world's largest crypto exchange by volume, will suspend GBP on- and off-ramps for new users on March 13 and for all users on May 22.

"Paysafe, our fiat partner that provides GBP deposit and withdrawal services via bank transfers and via card to Binance users, has advised us that they will no longer be able to provide these services from May 22, 2023," a Binance spokesperson told CoinDesk in an email.

According to Binance, the change will affect less than 1% of users, and the exchange is working to find an alternative solution.

"In the meantime, all methods of depositing and withdrawing other fiat currencies as well as buying and selling crypto on Binance.com remain unaffected," the spokesperson added.

#bicasso

The highly anticipated Ethereum Shanghai Upgrade is just around the corner, and one of its most exciting features is the ability for validators to withdraw their staked ETH from the Beacon Chain. But that's not all – this upgrade will bring a range of other changes to the Ethereum network. In this article, we'll delve into what else we can expect from the Shanghai Upgrade and how it will impact the world's second-largest cryptocurrency.

🚀 The Ethereum Shanghai Upgrade is a hard fork scheduled for March 2023.

💰 Stakers and validators will be able to withdraw staked ETH from the Beacon Chain, with approximately 16 million ETH available for withdrawal.

💻 EIP-4895 is the main improvement proposal of the Shanghai Upgrade, aiming to make it easier for developers to interact with smart contracts and reduce gas costs.

📈 The upgrade has generated both bullish and bearish opinions among crypto traders, who are closely monitoring its potential impact on the market.

✅ Successful simulations of the withdrawal of staked ETH have been conducted on the Zhejiang testnet , indicating a high likelihood of a smooth transition during the upgrade.

👉 The Shanghai Upgrade represents a significant milestone in Ethereum's evolution and is set to bring a host of improvements to the network, with the withdrawal of staked ETH being one of the most eagerly anticipated changes.

Ethereum Shanghai Upgrade: Everything You Need to Know

The Ethereum Shanghai Upgrade is a significant event in the Ethereum ecosystem. This hard fork, scheduled for March 2023, will allow validators to withdraw staked ETH from the Beacon Chain. In addition to the withdrawal feature, the upgrade also includes several Ethereum Improvement Proposals (EIPs) that aim to lower gas costs for Ethereum developers. In this article, we will cover everything you need to know about the Shanghai Upgrade.

The Shanghai Upgrade is a hard fork scheduled for March 2023.

Stakers and validators will be able to withdraw staked ETH from the Beacon Chain.

Approximately 16 million staked ETH will be available for withdrawal.

The upgrade includes several EIPs that aim to lower gas costs for Ethereum developers.

The withdrawal of staked ETH has been successfully simulated on the Zhejiang testnet.

The Shanghai Upgrade does not include sharding, a scalability solution that divides the network into multiple smaller networks, called shards.

The Shanghai Upgrade will not affect users who have staked ETH on a crypto exchange.

The Shanghai Upgrade may impact the price of ETH.

What Is the Shanghai Upgrade and Why Is It Being Implemented?

The Shanghai Upgrade is the first major upgrade since The Merge in 2022, which changed Ethereum's consensus mechanism from Proof of Work (PoW) to Proof of Stake (PoS). This upgrade enables validators to withdraw staked ETH from the Beacon Chain. Validators have been staking ETH and accruing rewards for validating blocks since the launch of Ethereum's Beacon Chain. Now, with the Shanghai Upgrade, validators will finally be able to cash out their rewards.

How Will the Withdrawal Work in Detail?

Validators have two options for unstacking their ETH. They may create a ‘withdrawal credential’ to unstake their staking rewards accumulated over the past years or exit the Beacon Chain completely by unstacking all of their 32 ETH. However, there will be a waiting time for validators to access the ETH they wish to unstack, since there is only a single queue for both full and partial withdrawals on the blockchain.

Will the Shanghai Upgrade Impact ETH Price?

Crypto traders are paying attention to the potential impact of the Shanghai Upgrade on the market. While it is not clear yet which way the pendulum will swing, it is certain that traders will be watching how much of the available ETH will be cashed out, which could push the price of ETH down.

Conclusion:

The Ethereum Shanghai Upgrade is a significant event in the Ethereum ecosystem that enables validators to withdraw staked ETH from the Beacon Chain. The upgrade also includes several EIPs that aim to lower gas costs for Ethereum developers. While the impact of the upgrade on ETH's price is uncertain, it is expected to have a significant effect on the market. With the upgrade set to go live in March 2023, the crypto community is waiting eagerly to see how the Shanghai Upgrade will affect the Ethereum network.

Hey, it's CryptoPatel here!

I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.

If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.

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Introduction: 

Bitcoin, the world's leading cryptocurrency, has been on a rollercoaster ride for the past few years, experiencing extreme highs and lows. In this comprehensive guide, we will take a closer look at Bitcoin's past bull runs and analyze the current market scenario to predict its future price movements. The analysis is based on the technical expertise of CryptoPatel, a renowned cryptocurrency analyst. So, let's dive into the details and explore Bitcoin's future prospects. 

Bitcoin's Past Bull Runs: 

As per the weekly chart, Bitcoin's previous bull run occurred in 2017, when it hit an all-time high of $19660. However, after the peak,  Bitcoin experienced a dangerous dump and hit a bottom of $3120, which was 84% down from its all-time high. This downturn made many investors panic and assume that Bitcoin's target would be $1000. Still,  Bitcoin made a strong bounce from the $3120 level, and many investors who used high leverage got liquidated. 

After the 2017 bull run,  Bitcoin again rose and reached $13875 in 2019, which was a 0.786  Bearish  Fibonacci retracement level. However, it again experienced a 67% dump after being rejected from the 0.786  Bearish fib retracement level. This time, it went down to $3913, which was also a 0.786  Bullish fib retracement of the bull mode from the bottom $3120 level. This 0.786  Bullish fib bounce was insane and hit Bitcoin's new all-time high of $68,991. 

Bitcoin's Current Scenario: 

Bitcoin's last bull market all-time high was $68,991, but it then experienced a hard dump till $15470, which was approximately 77% down from its all-time high. In the current bear market scenario of 2022,  Bitcoin tested a new bottom of $15470, and many investors accumulated  Bitcoin at this level, as suggested by CryptoPatel, which was their first entry. 

Bitcoin has now surged 75% from the current bear market bottom, and CryptoPatel predicts that  Bitcoin will hit $42000-$49000 in October 2023, which will be the first exit point. This exit will be the 0.786  Bearish fib retracement from the year 2021 top to the year 2022 bottom. 

After the first exit, investors can wait for the second entry around $20,000-$24,000, which might occur in March 2024, near the  Bitcoin halving months. This entry will be the 0.786  bullish fib retracement at this point. 

After the second entry, investors can hold their  Bitcoin till October 2025, when Bitcoin is predicted to hit $150k-$180k, which might be the top of the next bull run. 

Conclusion: 

Based on the technical analysis of CryptoPatel, it is suggested that investors never sell their  Bitcoin until the year-end of 2025.

Bitcoin has been on a rollercoaster ride, experiencing extreme highs and lows, and CryptoPatel's analysis provides an excellent roadmap for investors to navigate through Bitcoin's future prospects.

However, it is important to remember that investing in cryptocurrencies involves high risks, and This is not Financial Advice so investors should always conduct their research and invest wisely. 

Hey, it's CryptoPatel here! 

I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies. 

If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates. 

Thank you for your support, and let's continue to stay connected for more exciting content! 

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#Binance #crypto2023 #BTC #bitcoin #bicasso