YGG USDT looks Primed for another leg upsides BINANCE:YGGUSDT Looks really cool at the moment. Volume is increasing, Price action is taking a nice shape after hitting an ATL .. we are currently bouncing from monthly levels with a nice big candle.
Indicators Study: {hidden to make chart look clean}
MA 55 getting tested on daily.
Price is sitting at POC on daily.
Ichi is about to make a bullish cross and Twist .
RSI bullish div
Td9 reversal already printed around 2.7 price levels.
Idea invalid in case of daily close below 2.63
Never trade without a SL- Never risk more than 5% on a single trade.
Trading is a game of patience if you lack don't play it.
Nfts
Origin Big Correction We are looking for a big correction on OGN. It's massive run up recently was unexpected and appears to be whales pumping and then unloading. The project is currently over extended and appears to be heading back towards the 20 and 50 MA's. We are looking for price to return to 47 and 41 cent region and 36 cents as the third level of market structure.
Tezos Joins the Metaverse Race. How Does it Compare to Others?Tz1and, a metaverse project based on the Tezos ecosystem (XTZ) has been slowly gaining some traction lately. Is it an early stage project worth investing in? A look at how it stacks up against the other major metaverse platforms out there.
Project - World Explorer? / Decentralized? / Selling Points
tz1and - Yes / Yes / Support of artist communities and indie creatives
Decentraland - Yes / Yes / Most support from business and corporate organizations
Sandbox - No / No / Celebrity attention and media hype, strong financial performance in 2021
Monaverse - No / No / Professionally designed and curated metaverse projects
Cryptovoxels - Yes / No / Runs on mobile, one of the oldest metaverse projects out there
As mentioned before, the metaverse and Web3 projects are all still in its early stages so anything could happen. But it's good to know what's been happening, either way.
www.tz1and.com
Are Bulls Losing Track On 47k?Weekly Time-frame
We are about to cross the 0.618 $46,669 and encounter the next resistance $46,866. Potential rejection or it can be a next rally to the upside.
1D Time-frame
We are ready for a massive drop but if the supply zone breaks this can be the next rally to the upside. Demand zone is holding up 0.236 $45,137
4H Time-frame
Triple top will be super bearish if we get a rejection in the supply zone we can expect more to the downside. If we break the supply zone We can create a new high.
1H Time-frame
How to trade
BTC short position
entry $46669
entry $47342
SL 1-5% $48318
leverage 20x
TP 1 $46195
TP 2 $45722
TP 3 $45137
TAYOR
DYOR
NFA
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Tezos (XTZ) Completes its Ithaca 2 Upgrade. What's Next?This event largely went unnoticed by the media, but Tezos (XTZ) underwent a major upgrade to their protocol as of this week. The upgrade deals mostly with scalability issues - as the oldest Proof-of-Stake system in the market, XTZ arguably one of the most technically advanced blockchain platforms in the world right now.
In the early days of the crypto industry Tezos decided to go straight into Proof-of-Stake instead of with Proof-of-Work like the others did. (Technical superiority doesn't always translate into business success but it is worth pointing out that XTZ is already where ETH is moving towards right now.) The recent Ithaca 2 upgrade includes:
- Increased throughput (faster transactions times)
- Lowers requirements for node staking from 8000 Tez to 6000 Tez (roughly 20-24k. ETH node requirements are 100k+)
- Improvements in privacy, security, and better compatibility with zero-knowledge proofs/rollups/sharding methods overall
I do think that Tezos is an underrated project right now since the project has been dealing with real-world use cases in the Proof-of-Stake model that coins like ETH, DOGE, and BTC have yet to face - potentially creating an opportunity for a leap-frogging event to occur.
The chain also has the advantage of having attracted the attention of artist communities around the world (Hic et Nunc, https://TEIA.art, hen.radio), many of whom were gentrified out of ETH's ecosystem due to high gas fees, which shouldn't be underestimated since attracting users is often the hardest thing for platforms to do. This puts Tezos in a very good place in the next few years as the race for #NFTs and metaverse projects starts to ramp up - these products will be judged by their artistic quality, and the platform with the highest concentration of artistic talent will likely win.
Anything could happen so everything is still TBD, but the race may have just gotten much more interesting as new contenders for #Web3 relevance continues to grow.
VRA will take you to the Moon!You can buy VRA from 0.248 to its current price (around 0.038), In my idea bitcoin and crypto market could have another correction to complete their bearish cycle, so if you put order to buy VRA in 4 steps, your average buying price could be at about 0.03
it is so worthy to hold (hodl :) ) VRA in your wallet
Sign up to its website and watch videos to earn money!
Filecoin and Monaverse: A High-End Metaverse/NFT PlatformFilecoin rallied this week in anticipation with its partnership with Monaverse, a new metaverse contender that focused on high-end, professionally built metaverse environments. A quick look at Monaverse and Decentraland - their pros and cons -- and why Proof-of-Storage projects are likely to do well regardless of who wins the race towards the most popular metaverse.
APEUSD: Apecoin buying zoneGosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Could Shiba Inu Help You Retire Early?Shiba Inu could help make an early retirement possible. Shiba Inu has the potential to deliver huge gains in the future.
There's an easy answer to that question: if Shiba Inu can Help You Retire Early? Of course, it could. You don't even have to get overly creative to envision how Shiba Inu could make investors enough money to at least play a key role in facilitating an early retirement.
Let's assume that the token can regain its high set on Oct. 28, 2021. That would translate to a gain of nearly 300%. A significant initial investment with that kind of return would help quite a bit in amassing enough money to retire early.
There's a good case to be made that Shiba Inu isn't nearly as risky now as it was a year ago. The token is gaining wider adoption. For example, movie theater chain AMC Entertainment now allows online payments to be made with Shiba Inu. Many more investors are now familiar with Shiba Inu, giving it an advantage over lesser-known cryptocurrencies. However, this lower level of risk also reduces the likelihood that Shiba Inu will deliver ginormous returns in the future.
14 New ETH Addresses Bought 1159 MeebitsQuick take:
14 Ethereum addresses with no NFT history purchased 1159 Meebits between March 5th and March 11th
These purchases were before Yuga Labs acquired the Meebit collection created by Larva Labs
The transactions have raised accusations of insider trading
However, NFTs and cryptocurrencies are yet to be fully regulated
14 new Ethereum (ETH) addresses have been highlighted for purchasing 1159 Meebits between March 5th and March 11th.
These purchases were significant in that they were carried out days before the March 12th announcement that the Meebit Collection of NFTs had been acquired by Yuga Labs.
Descentraland MANA starting wave 5 of 5 of 3MANA structure is really nice. To end all of wave 3 (green) MANA needs one more high towards 15 - 20, the region of confluence defined by ext 2,382 green, ext 3,00 blue and ext 2,618 white. Wave 5 of 5 of 3 has itself five waves, of which wave 1 and 2 (white) are done. We shall see very soon a nice upside move in MANA. Once this wave 3 green is complete, a wave 4 will send price back to the same level where it is now. i.e. 2.20
ETH - Watching Possible Breakout Attempt - Exec order in playwatching ETH reaction at 2795/2870 if we get there
trying to wu-tang dbl bottom & flagging for a breakout attempt.
4hr stochrsi overbought but the 12hr, daily, weekly looks like it wants to try.
lots going on politically with executive order so we shall see
Targets on breakout of the downtrend:
3200
3500
and ultimately the 618 @ 3833 but that is just crazy talk
______________________________________________________________________________________________________________________
This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
NFT Viewers - Art BlocksArt Blocks provides artists a NFT platform to share and sell their artwork
NFT's have been around for awhile yet most are very new to this space
I just wanted to provide some insight around Art Blocks and the potential the project has in the NFT game
On all time volume on OpenSea Art Blocks Curated is very high in the rankings, yet on lower timeframes it is almost dismissed, as many follow PFP projects
For a long term project it has great potential and will provide fine art for all
Opensea phishing scandal reveals a security need across the NFT OpenSea’s latest vulnerability poses a larger and more deeper question relating to the global NFT ecosystem’s existing security infrastructure.
Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of mainstream mover and shakers including the likes of Coca-Cola, Adidas, the New York Stock Exchange (NYSE) and McDonalds, among many others, have made their way into the burgeoning Metaverse ecosystem in recent months.
Also, owing to the fact that over the course of 2021 alone, global NFT sales topped out at $40 billion, many analysts expect this trend to continue into the future. For example, American investment bank Jefferies recently raised its market-cap forecast for the NFT sector to over $35 billion for 2022 and to over $80 billion for 2025 — a projection that was also echoed by JP Morgan.
However, as with any market growing at such an exponential rate, issues related to security have to be expected as well. In this regard, prominent nonfungible token (NFT) marketplace OpenSea recently fell victim to a phishing attack that took place just hours after the platform announced its week-long planned upgrade to delist all inactive NFTs.
Diving into the matter
On Feb 18, OpenSea revealed that it was going to initiate a smart contract upgrade, requiring all of its users to transfer their listed NFTs from the Ethereum blockchain to a new smart contract. Owing to the upgrade, users who failed to facilitate the above said migration stood at a risk of losing their old and inactive listings.
That said, due to the small migration deadline provided by OpenSea, hackers were presented with a potent window of opportunity. Within hours of the announcement, it was revealed that nefarious third party individuals have initiated a sophisticated phishing campaign, stealing NFTs from many users that were stored on the platform before they could be migrated over to the new smart contract.
Providing a technical breakdown of the matter, Neeraj Murarka, chief technical officer and cofounder of Bluezelle, a blockchain for GameFi ecosystem, told Cointelegraph that at the time of the incident, OpenSea was making use of a protocol called Wyvern, a standard tech module that most NFT web apps make use of since it allows for the management, storage, and transfer of these tokens within users' wallets.
Because the smart contract with Wyvern allowed users to work with the NFTs stored in their “wallets,” the hacker was able to send out emails to Opensea clients masquerading as a representative for the platform, encouraging them to sign “blind” transactions. Murarka further added:
“Metaphorically, this was like signing a blank check. Normally, this is okay if the payee is the intended recipient. Keep in mind that an email can be sent by anyone, but be made to appear to be sent by someone else. In this case, the payee appears to be a single hacker who was able to use these signed transactions to transfer out and effectively steal the NFTs from these users.”
Also, in an interesting twist of events, following the incident the hacker apparently returned some of the stolen NFTs to their rightful owners, with further efforts being made to return other lost assets. Providing his take on the entire matter, Alexander Klus, founder of Creaton, a Web3 content creation platform, told Cointelegraph that the phishing email campaign used a malicious signing transaction to approve all holdings to be able to be drained at any time. “We need better signing standards (EIP-712) so people can actually see what they are doing when approving a transaction.”
Lastly, Lior Yaffe, cofounder and director of Jelurida, a blockchain software company, pointed out that the episode was a direct result of the confusion surrounding OpenSea’s poorly planned smart contract upgrade, as well as the platform’s transaction approval architecture.
NFT marketplaces need to step up their security game
In Murarka’s view, web apps making use of the Wyvern smart contract system should be augmented with usability improvements to ensure that users don’t fall for such phishing attacks time and time again, adding:
“Very clear warnings should be made to educate the user about phishing attacks and driving home the fact that emails will never be sent, soliciting the user to take any steps. Web apps like OpenSea should adopt a strict protocol to never communicate with users via email apart from maybe just registration data.”
That said, he did concede that even if OpenSea were to adopt the safest security/privacy protocols and standards, it is still up to its users to educate themselves about these risks. “Unfortunately, the web app itself is often held responsible, even though it was the user that was phished. Who is responsible? The answer is unclear,” he noted.
A similar sentiment is shared by Jessie Chan, chief of staff at ParallelChain Lab, a decentralized blockchain ecosystem, who told Cointelegraph that regardless of how the entire attack was orchestrated, the issue not entirely dependant on OpenSea’s existing security protocols but also on user awareness against phishing. The question remains whether the marketplace operator should have been able to provide sufficient information to its users to keep them informed of how to deal with such scenarios.
Another possibility to mitigate any potential phishing events is by having all interactions between users and their web apps being driven solely via the use of a dedicated mobile/desktop interface. “If all interactions required the use of a desktop app, such attacks could be bypassed completely.”
Providing his take on the subject, Yaffe noted that the main problem — which lies at the heart of this whole issue — is the basic architecture of most NFT marketplaces, enabling users to simply sign a carte blanche approval for a third-party contract to use their private wallet without setting a spending limit:
“Since the OpenSea team did not really figure out the source of the phishing operation, it might as well happen again next time they attempt to make a change to their architecture.”
What can be done?
Murarka noted that the best way to eliminate the possibility of these attacks is if people start making use of hardware wallets. This is because most software wallets as well as other custodial storage solutions are too vulnerable in their general design and operational outlook. He further elaborated: “Much like Bitcoin, Ethereum, etc, NFTs themselves should be moved to hardware wallet accounts instead of leaving them on a centralized platform,” adding:
“Users need to be super aware of the risks of responding to and acting upon emails they receive. Emails can be faked very easily, and users need to be proactive about the safety of their crypto assets.”
Another thing NFT owners need to remember is that they should only be visiting web apps that employ high-quality security protocols, checking that the accessed marketplaces utilize the HTTPS mechanism (at the very least) while being able to clearly see a lock symbol on the top left of their browser window — which correctly points to the intended company — while visiting any webpage.
Yaffe believes that users should be careful with contract approvals and keep an accurate track of the contracts they have greenlighted in the past. “Users should revoke unnecessary or unsafe approvals. If possible users should specify a reasonable spending limit for every contract approval,” he concludes.
Related: Cointelegraph partners with Nitro Network to bring digital mining and decentralized internet to the masses
Lastly, Chan believes that in an ideal scenario, users should keep their wallets on a dedicated platform that they don’t use to read email or browse the web, adding that any such avenues are subject to all manners of third party attacks. He further stated:
“This is inconvenient, but when dealing with assets of great value and where there is no recourse in the event of theft, extreme care is justified. And, as with all financial transactions, they should be very careful in deciding who to deal with, since the counterparties can also steal your assets and disappear.”
Therefore, while moving into a future driven by NFTs and other similar novel digital offerings, it remains to be seen how platforms operating within this space continue to evolve and mature, especially as a growing amount of capital keeps making its way into the NFT market.
ETH Price Prediction (March 2022)Price is currently bearish towards $2650. If price finds resistance, we can expect it to test $3,000 again. If price breaks the previous high around $3,050, then we can expect an ETH bull market into April, but if it fails to break above $3,045ish, we can expect more downward price action towards $2,200. Important to note that price is bullish after testing $2,300 at the end of February. In either scenario, some decent buying opportunities coming up in the short term. COINBASE:ETHUSD