Celestia is a stripped-down layer-1 blockchain that focuses solely on ordering transactions and making the data for transactions available. The blockchain doesn't handle smart contracts or perform computations and with the protocol beneath most chains it has been involved with some strategic staking for some months. With the number of stakers rising to a whooping 370k, there’s bound to be a good number of the coin in circulation.
More protocols are evolving which hope to collaborate with Celestia to encourage more $TIA staking. This will lead to more circulation and accumulation of the token.
Some new protocols looking adopting the TIA staking strategy are: SAGA POKÉMON LUNA
With the following new collabs, $TIA will beat its former high to a new price from here
Technicals:
Looking at the TIA chart, we expect a bullish price impact from this strong support.
I remember providing liquidity of $60 worth of Sol and got airdropped about $19k worth of $JTO tokens. In my opinion, these tokens will do better.
$ZKF The first token on my list is ZKFair Buy $ZKF from Bybit and send to your MetaMask wallet. Make sure you add the ZKFair Network and then head straight to https://zkfair.io/stake
From January 14th to 20th, users who stake $ZkF will receive the benefits of the sideswap airdrop for 7 days and will share 1% of the total amount of $SIDE everyday. It’s not late to jump on this one.
$TIA Stake $TIA and qualify for multiple airdrops. There are so many web3 narratives building with Celestia underneath. Some airdrops you will qualify for for staking $TIA are: - Manta Airdrop - Milkway Airdrop - $YOU Airdrop
$DYM Dimension will be airdropped soon to all eligible web3 Degens and NFT Degens. I advice you stake your $DYM after it has been airdropped to you. Stakers of $DYM will get $AVAIL airdrop. You can also hold and stake some $AVAIL. You can get $AVAIL on Pancake Swap
Other Airdrops are summarized in the Graphics in this post.
The Sec has gone ahead to approve 11 spot BTC ETFs, including Bitwise, ARK 21Shares, Fidelity, Wisdomtree, Invesco Galaxy, Valkyrie, BlackRock (the most popular), VanEck, Franklin, Hashdex and Greyscale.
I know many people who really do not understand the whole Spot BTC ETFs concept and what effects they have on the market. I will be explaining its effects on the crypto market using two basic analysis.
Fundamentals: Putting it all together, a BTC spot ETF is an investment fund traded on a stock exchange that aims to track the current market price of Bitcoin. It allows investors to buy and sell shares of the ETF, providing them with a way to gain exposure to Bitcoin without needing to directly hold and manage the cryptocurrency. The term "spot" emphasizes that the ETF is designed to reflect the immediate market price rather than using derivative instruments or futures contracts.
From the above information, there will be more manipulative avenues for Bitcoin prices because a lot of factors will now influence the asset’s price… Price of Bitcoin will stay under $45k for a considerable amount of time (3 months minimum) until the regulatory bodies succeed to gather enough liquidity to beat the $48k strong resistance level and take it to a new supply zone… We might see lower prices for Bitcoin due to the ETF approval….
Technicals:
Altcoins already made a massive drop last week and is accumulating price liquidity and momentum to beat the total altcoins market cap of $842 Billion.
The chart below shows that altcoins market cap will get to $820 Billion before taking off to a new High
Two reasons to hold on to your $Near starch or buy more $Near:
FUNDAMENTALS: Following the recent Near BOS development there has been a massive rise in the number of active wallets in the Near blockchain. This can only mean one thing and that is the fact that there are more transactions on near recently. These transactions somehow manage to be sustained by the continuous development the Near blockchain is bringing into the space.
TECHNICALS: $NEAR has recently formed a double bottom pattern following the successful breakthrough of a resistance level on its weekly time frame. The prevailing sentiment and predictions indicate a bullish outlook for $NEAR . 📈🚀
Examining the 4-hour timeframe of $NEAR reveals a retest to the previously broken resistance from the weekly timeframe, now serving as support. This retest coincided with the formation of an inverse head and shoulders pattern, which successfully breached the latest 4-hour resistance level.
Considering these factors, this could present a favorable entry opportunity to bag some $NEAR . It's essential to conduct your own research (DYOR), and note that this information is not financial advice (NFA). #Altcoinsareback 📉📈
Thankfully you don’t need to trade to “make it” in web3
5 skills that can make you over $100k per year this bull run 👇
1️⃣ Copywriting, my bread and butter. You can often charge $150 for writing a thread and $1000s for bigger gigs
Once you have a few clients, you will often get referrals, and things can scale pretty quickly
The more you write for yourself the more opportunities will come your way
🔸
2️⃣ Collab manager, which is great when liquidity flows in the market.
In 2021, CM could get 0.1 to 0.2 eth for bringing in big collabs, and you often get WL for yourself
There is a huge network of CM, start by getting into a few groups and connect with upcoming projects as often as possible
🔸
3️⃣ Advisor, if you have experience in marketing and great market knowledge.
There will be plenty projects in need of help, especially web2 brands entering the space
Unfortunately, builders often lack accurate view of the market and can believe their own hype. Be that person to bring objective insights
🔸
4️⃣ Space host will be a huge opportunity to leverage if you have great speaking skills.
We’ve seen many strong projects recently banking it all on having a great space presence, and for good reasons. Humanising projects by giving them a voice is extremely powerful
Start with your own space and be a guest on as many other spaces as possible and focus on bringing high value per word
🔸
5️⃣ Community Manager, which is challenging but highly rewarding.
If you are able to manage communities and help projects thrive, you are in business
It goes beyond discord moderation, you need to bring life to the community, and increase audience retention
🔸
That’s a wrap!
Follow me for more and share for others…Support me and let’s grow together
The Sec has gone ahead to approve 11 spot BTC ETFs, including Bitwise, ARK 21Shares, Fidelity, Wisdomtree, Invesco Galaxy, Valkyrie, BlackRock (the most popular), VanEck, Franklin, Hashdex and Greyscale.
I know many people who really do not understand the whole Spot BTC ETFs concept and what effects they have on the market. I will be explaining its effects on the crypto market using two basic analysis.
Fundamentals: Putting it all together, a BTC spot ETF is an investment fund traded on a stock exchange that aims to track the current market price of Bitcoin. It allows investors to buy and sell shares of the ETF, providing them with a way to gain exposure to Bitcoin without needing to directly hold and manage the cryptocurrency. The term "spot" emphasizes that the ETF is designed to reflect the immediate market price rather than using derivative instruments or futures contracts.
From the above information, there will be more manipulative avenues for Bitcoin prices because a lot of factors will now influence the asset’s price… Price of Bitcoin will stay under $45k for a considerable amount of time (3 months minimum) until the regulatory bodies succeed to gather enough liquidity to beat the $48k strong resistance level and take it to a new supply zone… We might see lower prices for Bitcoin due to the ETF approval….
Technicals:
Altcoins already made a massive drop last week and is accumulating price liquidity and momentum to beat the total altcoins market cap of $842 Billion.
The chart below shows that altcoins market cap will get to $820 Billion before taking off to a new High
Successful trading extends beyond predicting price movements; it hinges on effective risk management. In this guide, we'll explore key strategies to navigate the volatile world of cryptocurrency trading while minimizing risks.
Diversification: There is a popular saying that says "Do not put all your fruits in one basket". Diversifying your portfolio across different cryptocurrencies can help spread risk. Avoid putting all your funds into a single asset, as diverse holdings can offset potential losses.
Set Clear Stop-Loss Orders: Establishing clear stop-loss orders is crucial to limit potential losses. Determine a percentage at which you're willing to exit a trade, protecting your capital from substantial declines.
Understand Market Indicators: Stay informed about relevant market indicators. Keep an eye on moving averages, RSI, MACD, and other technical indicators to make well-informed trading decisions.
Keep Emotions in Check: Emotional trading often leads to poor decision-making. Stick to your trading plan, and avoid impulsive moves driven by fear or greed. Avoid FOMO (Fear Of Missing Out) Emotional discipline is key to successful trading.
Stay Informed About Market News: Market sentiment is influenced by news and events. Stay updated on cryptocurrency news and global events that might impact the market. This awareness can help you anticipate and respond to market shifts.
Risk-Reward Ratio: Calculate and adhere to a risk-reward ratio for each trade. This ensures that potential profits justify the risk taken. Aim for a ratio that aligns with your overall risk tolerance.
Use Technical Analysis: Employ technical analysis tools to identify trends, support/resistance levels, and potential entry/exit points. A solid technical analysis strategy can enhance your trading decisions.
Regularly Review and Adjust Your Strategy: Market conditions change, and so should your strategy. Regularly review your trading plan and adjust it based on your experiences and market shifts. Adaptability is crucial for long-term success.
The total altcoins market Cap dropped to $742B as I predicted earlier.
This is altcoin total market cap showing a strong rejection from a Demand zone after Breaking a support level and we aspire to see a continuation of an uptrend considering the fact of having a liquidity at the top which acted as a double top and needs to be swept causing a push up in market price and creating of new highs
WHAT IS THE NEXT ACTION FROM HERE?
Fundamentals: Big investors like BlackRock and others who were bullish on $BTC from its low at $15k are currently in the market and taking profit at intervals while looking for very good entry again. It’s business as usual. This will result to more lows for Bitcoin until the next demand zone at $32k
Technicals: The price rejection at the Bitcoin $40k demand zone is the beginning of a momentary penetration which will continue for a while to fill the bearish wick formed in the 4H timeframe.
The chart below shows that price for altcoins might hit the $700 Billion demand zone before another impulsive bullish movement. The current price positions constitute the accumulation zone…
Accumulating altcoins at this current price is fairly good but waiting to accumulate at a lower price is better.
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TWO REASONS WHY YOU SHOULD BE CAREFUL WITH BUYING ALTCOINS BEFORE THE BITCOIN HALVING EVENT
Fundamentals: The Bitcoin halving event from a some couple of weeks away and there is usually a strong price impact on altcoins.
Technicals: The overall market structure for all altcoins excluding Ethereum is shown in the chart below.
The total market cap of Altcoins has reached a new peak and is expected to experience a retest of the recently broken resistance level, now acting as support, before continuing its upward path in the bullish trend. 📈✨
A very important point to note is this:
Usually, during the Bitcoin halving event, there’s always a significant price drop with all altcoins to the strongest support zone. The overall market cap will drop to around $790 Billion from $802 Billion.
That’s quite a significant drop. This analysis is targeted at helping you know when to take profit or if you should still your position.
It's always important to refer to facts and figures in addition to the fundamentals.
This often emphasizes the real potential of a project.
Especially when it comes to projects in certain narratives that can be compared with others based on their stats.
Numbers don't lie & are therefore a relevant evaluation point.
In addition, they are often fascinating & show how massive certain projects already are or what they really achieve.
So you should never forget to pay attention to such stats.
In my next post, I will be looking into some Indian cryptocurrencies that have been doing well for the past years which have the 1000x potential in the next bull run season
TWO REASONS WHY YOU SHOULD BE CAREFUL WITH BUYING ALTCOINS BEFORE THE BITCOIN HALVING EVENT
Fundamentals: The Bitcoin halving event from a some couple of weeks away and there is usually a strong price impact on altcoins.
Technicals: The overall market structure for all altcoins excluding Ethereum is shown in the chart below.
The total market cap of Altcoins has reached a new peak and is expected to experience a retest of the recently broken resistance level, now acting as support, before continuing its upward path in the bullish trend. 📈✨
A very important point to note is this:
Usually, during the Bitcoin halving event, there’s always a significant price drop with all altcoins to the strongest support zone. The overall market cap will drop to around $790 Billion from $802 Billion.
That’s quite a significant drop. This analysis is targeted at helping you know when to take profit or if you should still your position.
Bitcoin halving is a process that occurs approximately every four years, reducing the reward that miners receive for validating transactions on the Bitcoin network by half. This is programmed into the Bitcoin protocol as a way to control the issuance of new bitcoins and ensure a capped supply.
The Bitcoin halving events have occurred as follows:
1. First Halving (2012): On November 28, 2012, the reward for miners was reduced from 50 to 25 bitcoins per block.
2. Second Halving (2016): On July 9, 2016, the reward further reduced from 25 to 12.5 bitcoins per block.
3. Third Halving (2020): On May 11, 2020, the most recent halving took place, reducing the reward from 12.5 to 6.25 bitcoins per block.
The next Bitcoin halving is expected to occur in 2024, and it will further reduce the block reward to 3.125 bitcoins. These events are significant in the context of Bitcoin's fixed supply and its potential impact on the cryptocurrency's value and the economics of mining.
Usually, with the halving value of Bitcoin for miners, the new ATH can be approximately determined with a range around $110k
The Bitcoin halving event has a significant impact on altcoins and I’ll be releasing a comprehensive analysis on altcoins excluding Ethereum in my next post.
Stay tuned and know when to buy… According to some strong technical analysis, the buying pressure of alt
This is Solana DeFi season and I’m glad I took some lessons about the Solana DeFi ecosystem.
I made some calls today that made some huge profits.
I want to digress a little to the Arbitrium Ecosystem especially the Roseon token on Arbitrium. I have made more than $800 engaging on DApps on Roseon and currently I am staking all my ROSX.
Here is a little Technical Analysis of the ROSX/USDT pair::
On the daily time frame, $ROSX's chart reveals an inverse head and shoulders pattern within the market structure. The notable event is the breakthrough of a resistance level, followed by a retest that now acts as a confirmed support. Anticipating a bullish trajectory, we are poised for a continuation in the upward direction. 📈
Two reasons why you need to accumulate $INJ and stake it before 2024
Fundamentals:
According to INJ Hub, on December 19th, the number of active addresses on Injective reached a new historical high, exceeding 143,000. This is three times the number of active addresses from the previous day and twenty times the number from ten days ago.
According to Bitget market data, INJ is currently trading at $43.09 with a 24-hour increase of 11.5%.
Technicals:
On the 1-hour time frame of the $INJ chart, there is a DESCENDING TRIANGLE pattern evident, characterized by Lower Highs (LH) and a Support level tested twice. The anticipation is for a breakthrough of the resistance level, leading to the fulfillment of demand in the Order block below, thereby paving the way for a resumption of more bullish momentum.
Most of the tokens on Solana have moved. There should be a retracement soon and there might not be too. If you want to join my VIP channel for express signals, comment
MicroStrategy has acquired an additional 12,333 BTC which is about $347.0 million at an average price of $28,136/BTC. MicroStrategy hodls 152,333 $BTC acquired for $4.52 billion at $29,668/BTC
Find the link to the pdf for transaction details 👇🏻👇🏻