Distribution phase in the next 10 monthsSo we broke 100k. I'm sure we'll see higher in the next 10 months.
What's next? When is the correction?
I see such messages every day. That's why I want to give a full commentary and my vision.
As Waykoff told us, there are accumulation and distribution zones.
On top is the distribution zone If we stick to the theory of cycles, which I often write about
www.tradingview.com
We are entering the zone of local distribution I mentioned and marked with red zones If we are interested in the question how we will form the top and where we will distribute?
I would take into account the fact that we are already in the bitcoin distribution zone in this cycle and it will continue for another 10 months.
So, sideways in the 50k range, I agree, but I don't think it will go below the previous high of 73k.
Three distribution options:
1. ATH and then a gradual slide - the most standard top formation, with a run above 100k to induce euphoria
2. Two rising tops look better with liquidity removal of the first top, etc.
3. The killer of all the shorts, those waiting for the crisis, and so on.
They're going to kill all the non-believers on the moon.
And force everyone who believes in a million dollars for bitcoin to buy it.
Conclusion -
I expect a local distribution above 100k over the next 10 months, the possible top formation I have shown.
I do not expect a sharp drop to 50k - bitcoin has become a different asset class.
Everything can change a lot in 10 months, and based on my cycle theory,
I am waiting for the bull cycle to end. In this range of 10 months, altcoins will once again fall and rise at the very end. They will fall 51 more weeks down after September 2025.
I'm talking about local forecast in 1-2 years, further it will be even more interesting because globally after this cycle, all retail will say goodbye to their bitcoin and will not buy it back cheaper in 95% of cases. and Next we will count how much 1 sashoshi is worth.
in 1 Bitcoin is 120,000 satoshis.
When 1BTC reaches $120k.
1 sat = 1USD
And due to the fact that the printing press is working 1 satoshi will grow in the long run.
I hope for the best in our world. Stay close.
You can find out about other communication opportunities down below the chart.
Best regards EXCAVO
Excavo
The cryptocurrency market is a market of expectationsLots of good news, but that's just at first glance.
Expectations and reality
1. Last week we had good news about XRP victory, and this news was spread all over the internet and the market reacted with growth. XRP is not a security, but those contracts sold to early stage funds may still be considered securities.
So the case is not closed yet and it will continue as a subject of manipulation
The SEC can appeal this decision at any appropriate time.
2. FTX - there are a lot of rumors and different statements now about the reopening of this exchange, there are a lot of forms on the net ( fraudulent and not) about FTX account recovery and confirmation. Hope is given:) not the fact that the funds will be restored
3. I would not be surprised if they start to restore UST and LUNA case, if they do not start to restore at least give hope. ( reference - the cryptocurrency market is a market of expectations )
4. BTC ETF.
This is the same expectation that has been jutting for a long time and now strong funds such as BlackRock have joined, which have been buying physical bitcoin through other funds for a long time (e.g. at least 10% of Microstrategy belongs to BlackRock).
On the expectation of ETF approval the market is inspired ( I wrote a post about Blackrock ).
In any case after ETF approval we will see a drop here there is a logic:
- ETF contracts can be bought more than physical bitcoins.
- Need a good entry point into the market, 30k+ is not the best entry point
- A drop in price with physical bitcoins + media resources etc. seems to me as very logical and very likely.
All these points should happen at the peak of the hype, when many disillusioned in crypto after FTX and other shocks will start to re-enter the market, it all explains the Logistic Curve - the speed of information dissemination .
The Which curve explains that when FTX crashed in November 2022 was the beginning of a new cycle, which I talked about in previous posts, then everyone was afraid and thought it would go even lower.
And the end zone of the cycle is when the crowd comes into the market, a lot of noise shouting about a bright future, we are on the cusp of these events.
At that time of course we will see a lot of dumb money big green candles on small capitalization altcoins. And that's the time to get out.
Frankly I got out even earlier in stablecoins and now I only do swing trades ( positional orders positions with small stop loss )
If we talk about the time when all this can happen, it is a difficult question, because according to my previous calculations in September-October I was already waiting for the bottom, I am still waiting for it and my portfolio 100% In stablecoins is a proof of it.
Well after the fall we will have the most interesting negative news, here is the list:
- SEC appeal question on XRP
- SEC questions to all crypto companies that made public sale - fines, lawsuit.
- Questions to crypto exchanges ( bankruptcy of crypto exchanges)
- Regulation
- CBDC implementation and trading in some jurisdictions BTC/CBDC ( currency )
You definitely won't want to buy cryptocurrency on news like this, and this will be the moment when the new cycle begins.
So ladies and gentlemen we are here for a long time and welcome to our community. And remember, trading is not a sprint - trading is a marathon.
Best regard EXCAVO
Bitcoin cycles + logistic curve = New bull run 2023-2025 I want to take a closer look at Bitcoin's price weekly logarithmic chart.
Firstly, the chart examines growth and fall cycles, sometimes referred to as economic cycles or trade cycles. As you can see in my analysis, the growth cycle usually lasts approximately 150 weeks and is always longer than the fall cycle that spans out over the course of approximately 51-60 weeks.
150 bars on Bitcoin's weekly price chart, mark the beginning of the next pulse of the growth cycle that we are currently in. Everything in our life is based on cyclical patterns, especially when it comes to financial markets.
If we analyze the rise and fall, we can conclude that the fall occurs faster than the growth of about three times.
About logistic curve
The logistic curve describes the speed of information dissemination among people. This graph describes the distribution of information in an environment.
At first, an instrument is of little interest to anyone, investors are afraid of buying it, and its price fluctuates around r °. At this time, the initiated ("elite"), solely owning important information, begin to buy it, and the price slightly grows. Then the information is shared with a small circle of insiders, individual purchases grow into active buying, and the price of the instrument abruptly takes off. The general public is perplexed and can not understand what is the reason. In the third stage, news comes out and investors fearing not having time to "jump into the last car" buy up this tool that the "elite" and "proxies" are happy to sell to them at the maximum price (with joy, because at that time the "elite" there is already new information that the "elite" has taken into account, a new logistic curve in another instrument begins, or in the same, but with another sign, sales begin). The third stage is completed, when the whole society is aware of what happened, discuss everywhere, in the metro, all who could have already made There is no one to sell.
The only thing that changes is the slope of the logistic curve - the information dissemination rate
As a rule, 90% of bulls in high. And then the market unfolds and vice versa
If you are constantly being told the same thing, then everybody knows it already. It is necessary to look not at the news
If everyone around you screams the same thing, then you are in the upper zone
The task of stepping back from the noise (this time it's useless overpriced NFT pictures)
"WE WILL BE GOLD BEFORE THE PORN, WHILE GOLDEN IDEOLOGISTS WILL EXIST" Rothschild's
"The same situation with cryptocurrencies, but this is only the beginning" Mr.EXCAVO
Best regards EXCAVO
Bitcoin VS AppleApple's product releases came out today.
But it has nothing to do with this publication, just a coincidence.
As you know, I've been analyzing fractals of other assets for a long time. I find the comparison between Apple and Bitcoin very interesting and similar.
I'm inspired by this analysis as much as the previous ones
And the end of this bitcoin market will be around September 2025.
I don't listen to the noise that's coming from everywhere.
I'm following my own plan.
Best regards EXCAVO
Bitcoin - Fractals and PerspectivesThe willingness to learn, however, changes everything.
Active traders treat market analysis with an open attitude and they are interested in learning how to analyze the market structure. They combine concepts such as trends, patterns, and support and resistance to actively improve their analysis and trading skills. These traders are real manual traders.
This article is intended for those in the latter group, the learners and active traders. We will explain how you can understand the market with more clarity.
The Market is Fractal of Nature
Does the market move erratically? Or is there an order behind the chaos?
According to the Chaos Theory, the apparent randomness of chaotic complex systems depend on their initial conditions. The concept is not that complicated as it seems: basically the ‘chaotic’ behavior is really not as chaotic as it seems.
Simply said, there are underlying patterns that repeat in a similar way on all scales. This phenomenon can be seen in both natural systems, like weather and climate, and artificial elements like road traffic and economics.
And yes, this includes the financial markets in general. The market is Fractal in nature, which means that similar price patterns repeat on all time frames.
So I started researching fractals a few years ago. Many fractals have worked out, in some cases partially worked out, the study is a process of learning and growth.
I want to share it with you today.
Why it works I have already said in previous posts - because all the same asset managers all the same algorithms all the same emotions and all the same actions people make in this or that situation. The nature of human behavior cannot be deceived. that's why fractals repeat themselves.
I have selected all the structures of reversal and further perspectives of charts
The main indicators :
1. this is the formation of the bottom
2. Holding levels
3. Formation of a horizontal strong level and its breakdown
That's all bitcoin has done in the last year.
What's next?
Statistics I found only one fractal after which we update the bottom.
No rolling growth 4 fractals
And most of them are 20-40 sideways and up.
All fractals are below.
These are all the fractals I want to share with you.
Best Regards EXCAVO
$Portal researchPORTAL
Portal is a pioneering cross-chain gaming ecosystem designed to connect games from different blockchain networks. It aims to create a seamless experience for gamers by connecting them to a huge number of games through its cross-chain token platform. Portal is built on the Ethereum blockchain, which is known for its reliability and extensive developer community. Portal's technology is designed to enable gamer access and game distribution, allowing Web2 gamers to seamlessly transition into the Web3 universe. The company is partnering with LayerZero to provide gamers with a seamless multi-chain experience, connecting disparate Web3 games to new players through a user-friendly user interface.
The PORTAL token is used for network fees, payments, management, staking, and node purchases in the Portal ecosystem. The token's maximum supply is capped at 1 billion tokens, which supports value growth over time. Portal was introduced at the Binance Launchpool, allowing users to bet on BNB and FDUSD to mine PORTAL tokens.
Tokenomics
Portal has a maximum token supply limited to 1 billion tokens. The initial circulating supply after listing amounted to 167.13 million PORTAL, representing approximately 16.71% of the total token supply.
The project's token distribution is as follows:
Binance Launchpool: 50 million tokens, representing 5% of the total token supply.
Team & Advisors: 230 million tokens, or 23% of the total token supply.
Treasury: 230 million tokens, or 23% of the total token supply.
Private Sale Investors: 220 million tokens, or 22% of the total token supply.
Public Sale Investors: 110 million tokens, or 11% of the total token supply.
Community Incentives - 1: 100 million tokens, or 10% of the total token supply.
Community Incentives - 2: 40 million tokens, or 4% of the total token supply.
Liquidity Reserve: 20 million tokens, or 2% of the total token supply.
The token vesting schedule is critical to maintaining the stability and value of the PORTAL token. It involves the gradual release of tokens to different stakeholders over a period of time, which helps prevent large-scale token resets that could negatively impact their price. This approach aligns the incentives of all stakeholders, ensuring that everyone is working towards the long-term success of the project.
Roadmap
Portal has a comprehensive roadmap that outlines plans for its development and growth. The roadmap is divided into several phases, each focusing on different aspects of the project's development.
Phase 1 (Q3 2023):
Launch of the Portal ecosystem with more than 250 games online.
Launch of the Portal version 1 gaming platform.
Announcement of partnerships with various blockchain networks such as Solana, Avalanche, Klaytn and Polygon.
Announcing the Portal game wallet and launching CrystalDash, a platform to increase awareness and demand for Portal.
Publishing a technical description for Portal and bringing in high-profile advisors to the project, including the CEO of Team Secret and the founder of Rockstar Games.
Partnering with WME, the world's leading talent agency, to help attract mainstream games and streamers to the platform.
Phase 2 (Q4 2023):
Integrate with other blockchain networks and expand cross-chain gaming capabilities.
Launch Portal Gaming Wallet and develop a gaming SDK for easy integration.- Announce partnerships with leading esports teams and IPs.- Launch Portal Discovery Platform to showcase the best Web3 games in the Portal ecosystem.- Launch Portal Staking platform and Portal Nodes network.- Launch Nexus DEX for seamless transactions between assets.
Future milestones (2024 and beyond):
Expanding the Portal ecosystem to include new games and blockchain networks.
Developing new features and tools to improve gameplay and facilitate cross-chain interactions.
Continued efforts to decentralize the Portal platform and ecosystem.
Continued focus on building a strong community and fostering meaningful connections between players, developers, and content creators.
Audit
Cryptoproject Portal has undergone a comprehensive audit to ensure the safety and reliability of its smart contracts and the entire platform. The audit was conducted by Cyberscope, a leading and recognized authority in the cryptocurrency space for auditing smart contracts. Cyberscope's auditing services are recognized by various startups such as PinkSale, Unicrypt and DxSale, allowing the project to receive a badge signifying trust and recognition. The audit from Cyberscope ensures that the Portal project is trusted and recognized. It enhances the security of the smart contract and serves as a basic building block for all marketing efforts. Upon successful completion of the audit, Portal receives an audit certificate to share with its investors and community, as well as a full audit report. Cyberscope's audit process includes extensive background checks and identity verification of project team members. This ensures data confidentiality and a state-of-the-art algorithm to verify team members. Cyberscope has successfully completed over 1,800 smart contract audits across various networks and has KYC'd over 800 teams without any reports from investors till date.
Staking rewards
The main function of the PORTAL token is a vote-betting feature that signals support for games on the Portal network. Essentially, gamers and games can place bets to earn rewards, but they can also signal their support for games by assigning a vote to their bet. In practice, signaling support for a game means that it becomes more visible on the Portal platform through ratings, relative betting levels (and other metrics), and greater visibility in the app. This, in turn, allows the game to acquire Portal platform users to grow its player base and launch new game assets with less hassle. A game joining the Portal ecosystem will have a good incentive to post Portal tokens, and it follows that gamers will want to show their support by doing the same. This leads to an effective “bet to scale” that decentralizes the distribution of games.
Recycled Fees
This occurs in real time as transactions are paid into PORTAL. The rate coefficient at that time is used to calculate how much of the purchased PORTAL burns up before distribution. Where S is defined as above, the burn amount B is calculated as follows:
B = 1 - S
The balance is distributed in the form of a platform
rewards.
Conclusion
Portal certainly has a promising concept and is attracting significant attention and support from the gaming and blockchain community. Portal is a leading GameFi project and has made significant strides in connecting gaming networks and there are no analogs. I've been following this project for quite some time now and at the moment investors have about 10x returns. I have noticed that GameFi is low right now, but I believe that once the excitement starts to grow after the first successful game releases, this infrastructure project will be very relevant. I follow this sector closely, which is why I have included this project in my portfolio.
If you are interested in reading my portfolio, you can read the text below the chart. From a chart perspective, it looks like this is one of the good formations to exit. The only downside I see is the huge capitalization with unlocked funds.
If there are 40 likes I will publish a new research
Best regards EXCAVO
AI GEMS 💎AI
The ubiquitous integration of artificial intelligence into our daily lives is steadily increasing, and the technology is impacting many industries and activities. One of the drivers of the AI field has been OpenAI, which has a variety of products such as GPT, ChatGPT, Sora, and DALL-E. AI is used in many industries, from personal assistants such as Siri and Alexa to AI algorithms in social media - AI's presence is ubiquitous and continues to expand.
In the field of cryptocurrencies, AI has been no exception. The convergence of AI and blockchain technology has led to a surge in the development of AI-based cryptocurrencies and applications. These projects utilize AI and machine learning to empower blockchain networks, improve security, and create new use cases. AI is used in cryptocurrency for various purposes, such as automating trading strategies, improving market analysis, and making blockchain networks more efficient. Even some AI-enabled cryptocurrencies have emerged, looking to capitalize on the growing interest in both AI and cryptocurrencies. However, the use of AI in cryptocurrencies should be approached with caution. While AI can potentially empower blockchain networks and improve user experience, it poses new risks and challenges. For example, AI algorithms can be susceptible to manipulation or exploitation, and the security of AI-based cryptocurrency systems can be jeopardized.
AI has become an essential part of our lives, and its integration into the cryptocurrency world is no exception. As AI evolves and improves, its role in cryptocurrency will likely expand, offering new opportunities and challenges for developers and users alike.
AI Market today
The AI sector of the cryptocurrency market is currently experiencing a period of significant growth and development. According to the latest data, the total market capitalization of AI-related cryptocurrencies is $32.8 billion. AI-related crypto assets have performed well after major developments in OpenAI:
The sector has seen significant growth over the past year, with high-profile projects such as CSEMA:AKT , NYSE:FET , and SET:PRIME significantly increasing their market value. The artificial intelligence sector in the cryptocurrency space is seen as a strong contender for becoming the following big narrative, and the continuous development of AI technologies is expected to drive further growth. Projects such as The Graph (GRT), Fetch.ai (FET), and SingularityNET (AGIX) are among the most successful in the AI cryptocurrency space, offering unique value propositions that utilize AI to enhance the functionality of blockchain and cryptocurrencies.
The convergence of AI and cryptocurrencies is seen as a significant trend: AI is used to analyze the vast amounts of data generated by cryptocurrency markets. Such analysis helps to understand market trends, predict price movements, and improve the security of digital transactions. The use of AI in crypto trading and market forecasting is a crucial area, with projects such as Ocean Protocol (OCEAN) and Numeraire (NMR) leading the way. However, it is essential to note that the artificial intelligence cryptocurrency sector is still at an early stage of development, and while it offers excellent opportunities, it also carries risks. The speculative and volatile nature of the cryptocurrency market means that it is difficult to predict which particular AI cryptocurrency will show significant growth.
The AI sector of the cryptocurrency market is a dynamic and rapidly evolving space. A wide range of projects utilize AI technologies to enhance the functionality of blockchain and cryptocurrencies. As AI evolves and integrates into the cryptocurrency market, we can expect to see more sophisticated and efficient solutions for trading, security, and compliance.
Example of AI in DAO
AI at the edge of DAO - autonomous agents act as token holders. Decision-making in the DAO is democratic and decentralized. This means that every member of the DAO has the right to vote. In theory, the democratic nature of the DAO has several advantages. However, in practice, the requirement to vote on every single proposal can be overwhelming for members. Many DAO members do not have the time to vote or even the ability to understand each proposal. The lack of voter participation in the DAO limits the efficiency of decision-making within the DAO and could be a potential risk of centralization if only a tiny fraction of DAO members participate in the voting process. If autonomous agents act as delegates for token holders, voter participation in the DAO could increase, the speed of decision-making would accelerate, and decentralization could become feasible.
Promising projects
Attention! Make your DYOR! If you want to see my portfolio, please see its description below the chart.
MASA
The MASA project is a decentralized AI data and LLM (Large Language Model) network that aims to enable users to own, share, and earn from their data and computations, thereby facilitating the development of AI applications. The MASA token serves as a utility and management token for the Masa network and operates as a standard ERC20 token on Ethereum Mainnet.
The MASA token has several options for use in the Masa network:
Users can submit their data to the Masa network and receive MASA tokens as rewards. This incentivizes data sharing and helps build a robust AI data ecosystem.
Businesses and developers can pay for MASA tokens to access and utilize the data, products, and services available on the Masa network.
Users pay for MASA gas on the Masa Avalanche subnet to mine and manage their zkSBT (zero-knowledge Soulbound Token), an encrypted repository of personal data. Some of these gas payments are burned, contributing to the token's deflation.
Masa Oracle node operators use MASA tokens to manage Masa zk-oracle nodes. This helps secure the network and maintain its integrity.
Through community management, MASA token holders can participate in the Masa network's decision-making process. This ensures that the network develops in a decentralized and democratic manner.
Overall, the MASA project is a promising initiative in the field of decentralized AI data and LLM. It offers users the opportunity to contribute to the development of AI applications while being rewarded for their data. The MASA token is vital in encouraging data sharing, securing the network, and facilitating community management in the Masa ecosystem.
Parsiq
Parsiq is a comprehensive data network that powers the dApps backend and Web3 protocols. Its APIs provide real-time and historical data querying for blockchain protocols and clients, facilitating the creation of various Web3 data products.
The platform is designed to connect blockchain to various ecosystems or off-chain devices and applications, allowing users to control and secure DeFi applications, create custom event triggers, and automate real-time operations. Parsiq has made significant strides in its growth, including more than 50 strategic partnerships in 2021. These include well-known projects and service providers such as AAVE, OKEx, Solana, Chainlink, Polkadot, UnoRe, Mysterium Network, PancakeSwap, and deBridge. The project's technology is linked to many famous projects and protocols in the cryptocurrency space, allowing it to be used in increasing use cases, including AML and KYT processes, DeFi, and TradFi. In 2023, Parsiq introduced its Reactive Network, designed to bring the concepts of ReactEVM (rEVM), reactive smart contracts (RSC), and Relayer Network to the blockchain world. The Relayer Network extends the functionality and capabilities of RSCs by bringing their abilities to the entire blockchain and allowing the whole network of blockchain ecosystems to be tracked, analyzed, and responded to through a single, smart contract. The REACT token plays a vital role in the Reactive Network, paying for gas and post-blockchain RSC transactions and rewarding participants who maintain consensus in the event log.
Parsiq's evolution of rEVM leverages all aspects of its past and accumulated experience to bring its most revolutionary and industry-impacting solutions to the future to date. The VM reactive brilliant contract standard, combined with the cross-chaining capabilities provided by the Relayer Network, will enable current and future developers to build the next generation of Web3 applications.
Parsiq is a promising Web3 data networking project that offers innovative solutions for connecting blockchain to off-chain applications and facilitates the development of advanced Web3 applications. Introducing the Reactive Network and the REACT token further expands the platform's capabilities, making it a significant player in the blockchain ecosystem.
EMC
EMC ( Edge Matrix Computing ) is a cryptocurrency project that aims to create a decentralized network of AI computing power applications. It focuses on efficiently connecting and collaborating tens of thousands of idle or clustered GPU computing power nodes through Proof of Work (POW). The unique value of the EMC project is that it is the only project in the Web3 space that directly links GPU computing power to AI applications, delivering them to everyday developers and users at low cost and convenience.
The project was launched with the first RWA (Real World Assets) product based on GPU hardware computing power for AI on December 6, 2023. This product is based on GPUs, the most valuable manufacturing tools of the AI era, and represents standardization, high value, and high technical added value. The release of RWA increases asset liquidity for nodes and the network and ensures the continued growth of EMC's network value within the RWA product. EMC is actively under construction and has attracted the crypto community's attention, as evidenced by its strong social media presence and ongoing discussions about its airdrop. The project is considered large-scale and has the potential for significant growth in the future.
Forta
Forta is a project aimed at improving the security of smart contracts on the blockchain. It has a token called FORT, which incentivizes network security. The project was launched with a $23 million fundraising led by Andreessen Horowitz (a16z) and has gained attention for its efforts to secure smart contracts on various blockchain networks.
The project aims to detect and mitigate cybersecurity, financial, operational, and governance threats through a community of developers who build and run bots to monitor these risks. Forta's decentralized approach to security is seen as a critical step in securing smart contracts and the entire blockchain ecosystem. FORT owners can vote on governance proposals, contributing to the decision-making process that guides the network. This democratic approach ensures that the community can influence the direction and development of the Forta network.
This way, the FORT token is central to the Forta project's Web3 security mission, incentivizing the developer community to build the tools needed to secure their projects. The token's value is tied to the success and growth of the Forta Network, making it an essential component in the ecosystem's efforts to improve blockchain security.
Alethea AI
Alethea AI is a cutting-edge project combining generative AI and blockchain to democratize AI ownership and governance. It is at the forefront of the cryptocurrency revolution to decentralize the ownership and management of AI by leveraging the combined capabilities of these technologies.
The project attracted significant attention and support, with a total funding of $30.4 million, and the ALI token was an integral part of the project. The project introduced the concept of intelligent non-fungible tokens (iNFTs), which are NFTs capable of learning, evolving, and interacting with the environment. These icons can be created using the AI Protocol, which offers developers tools for creating AI-enabled DApps. The native ALI token plays a fundamental role in the decentralized operations of the iNFT protocol and the DApps built on top of it.
The primary mission of Alethea AI is to provide decentralized ownership and democratic governance of artificial intelligence, which is achieved through the use of blockchain technology. The project also introduced CharacterGPT V2, which allows the creation of realistic characters with unique voices and personalities through text input.
Openfabric AI
Openfabric AI is a Tier 1 protocol that aims to revolutionize artificial intelligence (AI) by creating an ecosystem where innovation is highly valued. It provides a platform for people with different backgrounds to contribute and utilize AI solutions to solve complex problems. Open fabric has been developed through extensive research and testing, ensuring it is built on a solid and reliable foundation.
Openfabric architecture encourages communities to unite, monetize their intellectual property, and compete or collaborate to pave the way for the Internet of Artificial Intelligence. It abstracts the technical complexity of artificial intelligence systems, enabling improved user experience and business integration. By utilizing a trusted execution environment and advanced cryptography techniques, the underlying framework ensures scalability, data privacy, and intellectual property protection. Critical features of Open Fabric include decentralization to avoid centralized control, usability to simplify interaction with AI, security to protect privacy and intellectual property, smart economics to ensure fair transactions, interoperability for collaboration between AI agents, and scalability by leveraging the computing power of network participants.
The Openfabric platform offers several tools and resources for developers and users, such as the Openfabric Store, Openfabric Toolkit, Openfabric SDK, and Openfabric Daemon. It also supports creating new AI applications and aims to stimulate fair market competition.
It is a promising projims to create an inclusive and cohesive community and marketplace for AI resources, developers, and companies, making AI and blockchain technology more accessible and efficient for users.
Conclusion
The artificial intelligence sector is experiencing rapid growth and is expected to continue expanding significantly in the coming years. According to Precedence Research, the global artificial intelligence (AI) market was valued at $454.12 billion in 2022 and is projected to reach around $2,575.16 billion by 2032, growing at a compound annual growth rate (CAGR) of 19.7% from 2023 to 2032.
This growth is driven by the increasing demand for AI in various fields, including medical, banking and finance, manufacturing, and others.
One of the key factors driving the growth of the AI sector is the development of new technologies and the widespread adoption of AI across various industries. For instance, the healthcare AI market is expected to grow at a CAGR of 37.5% from 2023 to 2032, driven by the use of AI for drug discovery, medical imaging, and patient care. Similarly, the AI market in the automotive industry is expected to grow at a CAGR of 35.5% from 2023 to 2032, driven by the development of autonomous vehicles and advanced driver assistance systems. Apart from these industry trends, the AI sector also benefits from the increasing availability of data and the development of new algorithms and computing platforms. As available data increases and computing power grows, AI systems become more functional and versatile, enabling them to address an ever-wider range of tasks and applications.
Overall, the future of the AI sector looks bright, with significant growth and innovation expected in the coming years. As AI technologies continue to evolve and become more widespread, they have the potential to change many aspects of our lives and drive economic growth and development. In the future, adopting AI will lead to innovation and success, while resistance to it could lead to stagnation and obsolescence.
Best regards EXCAVO
BlackRock and other funds in cryptoBlackRock has significantly increased its investment in Bitcoin over the past year. This is partly due to strategic partnerships with MicroStrategy and Coinbase. As of April 2024, BlackRock holds 274,462k BTC worth $17 billion in its spot Bitcoin ETF. This amount is more than MicroStrategy, which holds 193k BTC. It is important to note that MicroStrategy was previously the top institutional Bitcoin investor, but now the BlackRock ETF has surpassed it in terms of BTC.
In light of the rapid development of financial markets and constant changes in the global economy, funds are attracting particular attention. These financial organizations are not only key players on the global investment scene but also become significant drivers of future narratives and trends. From venture capital to investment banks, funds are actively involved in shaping the direction of markets and industries. They are the ones who vote with their money, determining which ideas and projects will receive funding and in which sectors of the economy we will see the next round of innovation and growth. Therefore, studying the actions and decisions of funds becomes an exciting task for investors and analysts and an essential tool for anticipating future economic and social trends.
Funds are legal organizations that raise money for specific developing projects. Their main goal is to profit from investment, which is achieved by receiving a certain percentage of coins with the help of financing rounds from the total number of coins to be issued. In addition, the financing determines the price at which the fund invests in the project and the time of partial or full unlocking of the received coins for the funding in the project.
Let's consider the activity indicator of funds and the categories of projects they invested in last year.
The activity rate of investment funds in projects is currently high compared to the average monthly activity over the last 12 months.
The following categories were the most invested in over the six months: NFT, 25.86%; Data Service, 21.29%; Artificial Intelligence (AI), 20.53%; DEX, 18.25%; and Play to Earn (GameFi), 14.07%.
The most active funds over the past year:
Monthly investment of funds over the last year:
Where the most active investors have invested over the past year:
Portfolios of large investors as of 29.04.2024
Please note that these investor portfolios may not fully reflect their assets; they only reflect those that have been identified to date by researching the blockchain and aggregating their cold wallets.
Some of the more prominent investors such as Amber Group, DWF Labs, Wintermute, Jump Trading, Cumberland, GSR have a large amount of stablecoins on their cold wallets, indicating their willingness to continue accumulating their own assets during market downturns to build their influence, as well as to continue investing in projects. Pay attention also to companies that have a large amount of Ethereum, they can start exchanging ETH for other currencies using platforms like Uniswap, PancakeSwap, SushiSwap, and so on.
An altcoin index indicates that the market is still dominated by Bitcoin. It is worth accumulating altcoins along with large capitals before Bitcoin's dominance starts to fall and the altcoin market blooms in new colors.
BlackRock and tokenization
BlackRock, one of the world's largest asset managers, is showing significant interest in cryptocurrency, specifically Real World Assets (RWA) tokenization. They have launched the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to invest in cash, US Treasuries. This fund is represented by the BUIDL token, which is fully backed by these assets and provides returns paid daily via blockchain rails to token holders. As reported by Forbes, the move is part of BlackRock's broader strategy to tokenize $10 trillion of its assets.
Ondo Finance, a tokenized real assets (RWA) platform, improved its offerings by using BlackRock's BUIDL fund. Ondo Finance transferred the reserve assets of its US Treasury-backed token OUSG to BlackRock's BUILD. This decision aimed to provide instant settlement of the OUSG token, which was previously backed by the BlackRock iShares Short Treasury Bond ETF, which only traded during traditional market hours. The move to BUIDL allowed for instant settlement on any day.
This collaboration between Ondo Finance and BlackRock demonstrates the convergence of traditional finance and cryptocurrencies: institutional players such as BlackRock actively participate in the cryptocurrency and RWA markets. It also highlights the potential for tokenization to improve settlement times and increase accessibility for a wider range of investors. BlackRock is setting an example to some other large investors on how to tokenize their assets through cryptocurrencies and blockchain technology.
BlackRock has also significantly increased its investment in Bitcoin over the past year. This is partly due to strategic partnerships with MicroStrategy and Coinbase. As of April 2024, BlackRock holds 274462 BTC worth $17 billion in its spot Bitcoin ETF. This amount is more than MicroStrategy, which holds 193k BTC. It is important to note that MicroStrategy was previously the top institutional Bitcoin investor, but now the BlackRock ETF has surpassed it in terms of BTC.
BlackRock Strategy
BlackRock's bitcoin investment strategy includes partnerships with major players in the cryptocurrency space. For example, in 2023, BlackRock and Coinbase announced a partnership that will give BlackRock's institutional clients direct access to cryptocurrency trading, custody, prime brokerage, and reporting capabilities. The move was a significant step towards institutional adoption of cryptocurrencies such as bitcoin.
BlackRock also has many stablecoins, which shows that it is ready to continue investing in altcoins. We expect a further market decline soon.
Using Wintermute as an example, we can see how they are already here and now, preparing for the market decline, transferring their stablecoins to acquire altcoins further whenever possible, and exchanging Ethereum for stablecoins via Uniswap.
Conclusion: Big Capital is preparing for a big altcoin fall and is emphasizing investing in RWA, NFT, Data Service, and AI. Large investment funds are preparing to tokenize their assets, and BlackRock, led by Larry Fink, is setting an example for other large investment funds. Following them, other funds are tokenizing their portfolios, but they are already on the paved rails.
If you want to see more info on the funds, here's the link,
platform.arkhamintelligence.com
You can see my portfolio at the link below.
Best regards EXCAVO
MicroStrategy - Bitcoin Holdings Chart & Purchase HistoryPrices and volumes of Bitcoin purchases at MicroStrategy
Over 9k BTC at an average price of 58000. 19452 Btc at $52765.
Even these whales are buying at the tops and sitting in the minuses for years
The largest holder of Bitcoin on the planet is not Microstrategy , but the Chinese government, cryptoanalysts found (twitter.com/cryptoquant_com).
In 2019, Chinese authorities confiscated 194 thousand #BTC , 833 thousand #ETH and other coins as a result of an investigation into PlusToken fraud. To this day, the confiscated crypto lies in the wallets of China's national treasury.
In comparison, MicroStrategy has about 130,000 bitcoins .
27 march
MicroStrategy repaid its $205M Silvergate loan at a 22% discount . As of 3/23/23, $MSTR acquired an additional ~6,455 bitcoins for ~$150M at an average of ~$23,238 per #bitcoin & held ~138,955 BTC acquired for ~$4.14B at an average of ~$29,817 per bitcoin .
Best regards EXCAVO
AMAZON Daily, Weekly & Monthly analysis, Bullish OutlookAMZN
price is forming a Bullish Head & Shoulder pattern.
and RSI also made a break of the descending trendline
If we look at weekly chart, price is moving in an ascending channel moving upwards, and price is also above support
If we look at Monthly time-frame, price broke above trendline and is moving upwards
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The Wyckoff Method working or no?Below is the exact distribution chart
I've written a lot about the Wakoff method, now we see one of the most standardized distributions, link
www.tradingview.com
but if you open your eyes it's distribution for some and accumulation for others - now almost every week there are reports that Black Rock has more and more bitcoins - maybe all the bitcoins are just being transferred from other smaller agents. But the bottom line remains the same big players are here and they are going to make a lot of money. The cryptocurrency market is still a small 1.5 TRL $.
In my previous posts with fractals, I stayed with the opinion that we have a blue scenario - LINK
But this is not about fractals
But after analyzing the chart and seeing the wyckoff on it I couldn't help but share it with you - publishing this post doesn't mean I believe it, but the correction looks logical - the other question is how exactly it will happen with the renewal of local highs or not.
Below I will show two distributions superimposed on the chart and they are slightly different
Whatever charts they show you on TV or other social networks, follow your trading plan, I buy back altcoins after 30% correction and wait for the final impulsive upward movement without extra passengers. I am not going to short
All these charts are for you to think, and maybe it's just another horizontal correction and after it the upward movement will continue until September 2025.
Best regards EXCAVO
Bitcoin and Gold ETFHi. Happy new year everyone!
As you can see on the chart bitcoin can partially repeat the gold fractal, at least a few analysis on the fractal coincide, pay attention to the blue fractal.
I think yesterday's pumping of altcoin and decrease of bitcoin dominance will give an understanding that it is possible to enter the market, and the fomo will start in the next 10-14 days, after the crowd enters the market we will see the very correction in several movements. I will sell most of the altcoin portfolio and wait for the correction of 25-35% to increase the number of coins . Now it is difficult to say the target of the correction ( look at fibo) . Let's first wait for January 20-24.
Best Regards EXCAVO
BITCOIN again rising upwards, if resistance breaks then $40KBTCUSD
The price is firmly holding above the ascending trendline, and price is also above the support area around $36,500, and price again started rising upwards if the resistance around $38,000 breaks strongly then after correction/pullback price may attempt to hit $40,000 as the next target...
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Real World Assets - RWANEW GEM IN CRYPTO - Real World Assets?
Real World Assets are assets from the real world that have been transferred to digital tokens for use in DeFi ecosystems.
Tokenization can cover different types of assets, including physical assets like real estate and bonds and intangible assets like copyrights
📈 The RWA sector, which began its development in 2022, is gaining immense popularity, and today ranks 8th in the ranking in terms of total blocked assets with an amount of $2.384 billion (last year 130 million)
Examples:
➖ Tokenized government bonds: This means that you can buy and sell government bonds on the blockchain and receive interest from them
Lending platforms: You can get a loan in cryptocurrency using real assets as collateral or lend digital assets using real securities as collateral
➖ RWAs in real estate allow tokenizing the ownership of residential and commercial properties and generating rental income
So, the RWA sector is another feature that brings crypto closer to the mass adoption
List of all RWA projects below
www.fxempire.com
Best regards EXCAVO
BTC When to SellThis is analysis shows my Wyckoff analysis, and what I think it will happen in the near future.
It also gives an idea of the levels where to sell and where you buy.
After this rally, it could be a good idea to close positions near 44.3k max. Then wait for the next LPS, make new entries, and hold during the next bull run after the halving near May 2024.
Miners will have to sell to renew their equipment before the next halving.
Happy trading,
Raf
Bitcoin update 25.09.23Hi , the market has been very boring for the last few months, I think it's hard to disagree with that.
During this time of course there has been manipulative pumping of small liquid altcoins.
But still boring or am I getting old :)
I see a further rapid decline in bitcoin price, in the next 2-3 weeks, liquidation of all those jaded crypto traders, and after that I expect a bull rally, that's what I said in previous posts.
Let's put it this way, I have long ago made an analysis and came to the opinion that we will go below 16k is 20% probability based on analysis and reserch of all reversal patterns, on the history of other assets. 20% is the black swan (pandemic, nuclear strikes, etc.).
Globally, we have been in a bull market since November 2022, every previous cycle had a sub-cycle with crowd disappointment, and we are approaching that state.
Once there is that final down movement I will only look up and be bullish until September 2025.
Regarding interest levels for me - I have shown all the interest levels on the chart with blue and yellow boxing
I would also like to point out that the current distribution is very similar to the 2021 - 2022 distribution
I don't want to mislead you, but as you can see bitcoin holders don't believe in the bitcoin crash and collapse scenario (it's stupid because it's a cow that gives milk and it would be very stupid to kill this cow) and are set for the long term, I'm one of them - in the cypto world bitcoin is gold.
About ETFs - a lot of talk is it good or bad? it is 100% good in the long run for bitcoin price. ETFs are an opportunity for huge capital to enter cryptocurrency. While regulators are rejecting ETFs those very same financial companies are buying up real bitcoin. Everyone understands the prospects of this asset and the interest in it.
Best regards EXCAVO
Bitcoin update 3.10.23In this chart I have shown the worst case scenario that could happen.
As we have seen in the last few days, there are fewer traders on the market, bitcoin made +10% and only 77 million dollars liquidated - a very small figure.
But as after this movement, trading volume started to increase, but newcomers and others started buying altcoins....
When reaching the resistance line of the channel, some longs will be closed, and some will even increase shorts, and stop losses will be placed above this channel, logically these stop losses should also be activated. The worst scenario is the one I have indicated with the red line. But I do not exclude that we can start to grow without the last capitulation.
Best Regards EXCAVO
Bitcoin accumulation or distribution? update 19.07.23 Hello guys
I think that many people over the last month technically see the Wyckoff distribution, I am not an exception and indeed it looks very similar, but we are now in an ascending channel
The monthly range is 29500-31500, and this distribution could be a trivial liquidity achievement from below. And then a return to the rising channel.
But if we want to see more extravagant liquidity withdrawal, we need to break the ascending channel, and the ideal point of frustration for market participants is to break this channel down and lock below it.
In any case, after a one-month stretch, you will see volatility very soon
On the other hand on larger timeframes we can interpret this whole 9 months has been an accumulation of wyckow and we are in the final stage of accumulation if this is true and I believe it is, then there are two scenarios that I want to share
On the other hand on larger timeframes we can interpret this whole 9 months has been an accumulation of wyckow and we are in the final stage of accumulation if this is true and I believe it is, then there are two scenarios that I want to share
1. Looks just like in the book
And if you add up the theory that the tuning distribution should be on the big crowd excitement, due to expectations about Bitcoin ETF, FTX, I wrote in this post Link
It all looks logical,taking additional liquidity from below to break through the main liquidity above 32k after 9 months of accumulation.
As for me, I accumulated in November-December 2022 and distributed already. I think you are seeing a lot of reports that a very large amount of bitcoins are going into Coinbase, Gemini, and others and as you correctly realize they will not give them to steaking haha they will sell them.
The same situation with ETH I think you can see how thousands of ETH have started to move and some part of it is going to centralized exchanges.
Best regards EXCAVO
Motivation on the crypto marketI will tell you about a way of motivation in the crypto market, which I sometimes use myself.
It is simple - I analyze large wallets. I have paid for several services to analyze wallets and the movement of crypto assets. I analyze the wallets.
There are profitable trades when I made dozens. Of course, it's nice to calculate your profit, but you analyze other wallets on this project and see that someone invested 5 times more, respectively, and the income is much higher.
This brings you back to the ground to work harder.
It's nice to just track and see the transactions of the big whale wallets: what they own, what they buy/sell, where they farm/stalk. And when you look at their results, you get motivated to use the same volumes.
I look at their wallet group when they have $500m-$3bn each. At that moment I realize that a correct and clear analysis of prospects can bring very high returns.
Someone will call them lucky, but it can't be lucky all the time. It's already happening systematically. So there's a secret to analyzing it correctly? And they see prospects where no one else sees them yet? And when everyone discusses something promising and it becomes a hype - they are already selling at that moment.
Large transactions and numbers motivate me a lot.
Many top whales hide such deals, and only at the end they transfer the funds to their main wallets. But analyzing such deals after the fact motivates you and reminds you once again that big Xs are possible with the right analysis.
And there is no need to worry that you missed out on some top project.In the crypto market, new opportunities are opening up all the time.To summarize, I wanted to remind you that I am not competing with anyone.
Yes, I compete only with myself, but seeing someone else's success gives me a benchmark for achieving my own intermediate mini-goals, and I realize that the bar can be moved much higher.
To make this post not only motivational, but practically useful I want to share tools:
www.arkhamintelligence.com
debank.com
www.nansen.ai
zerion.io
Also I suggest sharing whale wallets or successful wallets in the comments.
There's a good phrase:
"If we look at the human race as a whole, those who are left alone in society or leave the tribe tend to die faster.
Early on in human history, we learned that you need a group to survive.
Usually those who stick together the most usually win over the others.
Collective thinking helps us to do things more efficiently."
Best regards EXCAVO
SP-500 update 14.06.2023SP500
We have one downward channel that we broke and went up and formed a new upward channel.
We are near the resistance line of this channel, we also have a liquidity zone (red box), which we have partially collected, I would expect that we can collect more liquidity up to 4465 and after that I expect a corrective move down to the first target 4100.
The same picture we see in horizontal volumes
RSI on D1 is overbought
Best regards EXCAVO
Bitcoin 19.05.2023The last break we can interpret as reaching the liquidity zone (which means that there was a concentration of stop losses and other positions) is a book example, after such a liquidity selection we expect an upward movement. In this case we saw an impulse movement and a return to the range of 26800 -28900-31000. And now we are around 27k.
Also we see liquidity zones from below, which we can reach both at the top ( red box) and at the bottom ( green box).
What's the global picture right now, 5 months of growth, at the peak +90% of the bottom. In those 5 months we've seen a rush: on Chinese blockchains, LSD, Meme, BRC20, AND other with the last two attracting new participants who are just asking what to buy to get rich.
On the logistical curve this is the last stage. Now most people are in the market with altcoins because they have more upside, but also more downside:)
Some think we will go to take liquidity from above ( red boxes) but this crowd will start to fix their positions, in zero or near zero, so I do not see the point in the pump, so I am out of the market now, just watching and looking for an entry point to short. And I'm waiting to buy back the flash crash
Best regards EXCAVO
Ethereum Foundation's selling ETHThe ethereum Foundation sells ETH perfectly at local tops almost every time!
Ethereum Foundation's large-scale selling in recent years record : Recently the Ethereum Foundation sold 15.000 ETH. In 2021, EF did sell 20.000 ETH at high point. But in 2020, 100.600 ETH was sold at a price 657$