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ENSIGN TRADING
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🇺🇸 唐纳德·特朗普表示“我们希望所有剩余的#Bitcoin💰 都在美国制造!”
🇺🇸 唐纳德·特朗普表示“我们希望所有剩余的#Bitcoin💰 都在美国制造!”
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#BTC hodl the flip area and made it way to $70,000 again with the news rejected from resistance with #FOMC meeting back to the same area. More news in ahead in time, this week news, gonna drive the market crazy. #BTC☀
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If watching the market and your positions makes you feel uneasy, scared, or anxious, consider it the cost of future super profits. In a market like this, more and more people start making mistakes. For big players, there’s no need for anything fancy – it's simply "pressure the price" and "pressure the time," and people will start making mistakes on their own. ⏳ Always ask yourself: 🤔 Who is buying now, and who is selling? ❓ Who is making a mistake? 🔍 Who do you want to follow?
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Here's the Analysis of #POLYX : #POLYX driving with the supporting up trendline and trying to flip above the Major Resistance Area of $0.47 - $0.50. A daily candle close above, which will give the potential buys calls. Take after the candle close and scale in with retest. #POLYX
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What Is Scrypt? Scrypt is a password-based key derivation function (PBKDF) that was originally proposed as an alternative to other key derivation functions like PBKDF2 and bcrypt. It is designed to be more secure against specific types of attacks, particularly those that leverage specialized hardware like Application-Specific Integrated Circuits (ASICs) and Graphics Processing Units (GPUs). The main features and design goals of Scrypt are: 1. Memory-Hardness: Scrypt requires a large amount of memory to operate, making it resistant to attacks from custom hardware implementations like ASICs or GPUs, which have limited memory compared to their computational power. 2. Parallelization Resistance: Scrypt is designed to be inherently sequential, meaning that the computation cannot be easily parallelized, which limits the potential speedup from using multiple processing units or cores. 3. Key Stretching: Like other PBKDFs, Scrypt is used for key stretching, which involves deriving a long key from a short password or passphrase, making it more resistant to brute-force attacks. Scrypt is used in various cryptocurrencies, including Litecoin, Dogecoin, and Verge, as the key derivation function for their proof-of-work (PoW) consensus algorithms. By using Scrypt, these cryptocurrencies aim to make their mining process more accessible to regular computers and resist the centralization of mining power that can occur with specialized hardware like ASICs. While Scrypt was designed to be more secure against certain types of attacks, it is important to note that its security guarantees rely on the specific parameters used and the availability of sufficient memory resources. As computing power and hardware capabilities evolve, the effectiveness of Scrypt may need to be re-evaluated, and alternative memory-hard key derivation functions may be explored.
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Bitcoin hit a new all-time high of $73,000 in early March, with long-term holders taking profits, creating an oversupply that led to a correction. As prices fell, seller exhaustion set in, allowing re-accumulation. Bitcoin ETFs saw net outflows in April, with a -$148M/day outflow at the $57,500 local low, signaling capitulation. However, the trend sharply reversed last week with a $242M/day net inflow, suggesting renewed buying demand. Notably, this ETF inflow dwarfs the $32M/day selling from miners post-halving, highlighting ETFs' significant impact compared to diminishing miner influence.
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