Crypto Magazine

My Path to Successful Investing: Calculation, Understanding, and Early Stage Projects Today, I want to try something new and share my experience in investing and how I came to believe that investing is not just one big gamble, but a system that requires serious calculations and a deep understanding of the market. 1. Strict Calculation and Market Understanding: When I started my journey in the world of investments, one of the first lessons I learned was that investing is not gambling. Reliable and successful investments require dilligent calculations and a deep understanding of the market. Hence, I end up spending a lot of time analyzing assets, studying fundamental and technical aspects, and doing everything I can to develop a clear and profitable investment strategy. 2. Avoiding the "Casino" in Futures Trading: In the world of cryptocurrencies and finance, there are many tools that can resemble gambling. Futures, with their high level of risk and volatility, can often be compared to a casino. I always try to avoid rash decisions and emotional influences when trading. Instead, I stick to my strategy and discipline. 3. Seeking Early Stage Projects: One of the key elements of my success in investments has been searching for and investing in early-stage projects. Participating in ICOs, IEOs, and IDOs allows me to support innovative projects that are just starting their journey. I actively attend conferences and follow news in the crypto sphere to find such promising projects. This strategy has helped me build and then multiply my capital through active trading.

🪙 Tornado Cash developer Alexey Pertsev sentenced to 64 months: report Tornado Cash developer Alexey Pertsev was convicted on money laundering charges. A Dutch court convicted Pertsev, 31, of laundering $1.2 billion in crypto through the Tornado Cash mixer between July 9, 2019, and Aug. 10, 2022, DL News reported. A three-judge panel sentenced the developer to five years and four months in prison. “Tornado Cash in its nature and functioning is a tool intended for criminals,” one of the judges overseeing the case reportedly said.

📣 DeFi platforms Lido and Aave surpass Bitcoin and Ethereum in fee generation Decentralized finance projects Lido and Aave generated more fees in the last 24 hours than top blockchain networks like Bitcoin, Ethereum, and Solana. According to DeFillama data, Lido accrued $2.34 million, while Aave amassed $1.85 million during this period. In contrast, Ethereum, Bitcoin, and Solana secured $1.84 million, $1.34 million, and $1.17 million, respectively, in fees.

📊Digital asset investment products saw inflows for the first time in five weeks totalling $130m. Regionally, the US saw the majority of inflows totalling $135m, with incumbent Grayscale seeing the lowest weekly outflows since January

💰 Solana's Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to provide an alternative to the network’s heavy reliance on Circle’s centralized stablecoin usd coin (USDC).

#BTC💰 We observe a very positive start of the week, after the recent decline the asset recovered quickly enough and is now trading around 63000. Locally I want to see a correction (test of support) at 61500 level. After that the continuation of upward movement, where the first target is 65000 (in the range of 65-66000 the accumulation of liquidations for the amount of 2 billion $) I also keep in my head an alternative plan with a decline to 59000, from where I will expect a continuation of the upward movement. Liquidation map, confirms local thoughts. We see liquidity accumulation up to 59000, but we also see large liquidation accumulation above, 2 bn at 65700 and 2 bn at 67300. I regard these as upside targets for the asset.

#ETH🔹 On the asset chart we can see signs of accumulation. We can also see the rapid recovery of the asset price, which leaves behind a large amount of liquidity in the form of liquidations. Just like on bitcoin, I expect to see a local correction after which the upward movement will continue, the targets of which will be: 1) 3060; 2) 3130; 3) 3230. Regarding the depth of the correction, I consider two options. 🔹In the first option, I expect to see a correction to 2930 and a reversal from it (I will watch the reaction at this level). 🔹In the second variant the correction is deeper, to 2850 (liquidity hike). The liquidation map shows a significant accumulation up to 2850. Above so there is liquidity behind the levels I marked as targets. So overall thoughts are confirmed.

💡💡💡: 🇺🇸 Donald Trump promises major tax cuts for all Americans if elected president.  "Instead of a Biden tax hike, I'll give you a Trump middle class, lower class, business class, big tax cut. You're gonna have the biggest tax cut."

🪙 Uniswap Founder: Biden’s Election at Risk Due to Crypto Regulation Threat! Uniswap founder Hayden Adams has made a bold statement regarding the cryptocurrency market, emphasizing the widespread adoption of digital currencies among adults. This assertion underscores the increasing relevance and impact of cryptocurrencies in today’s financial landscape. As more individuals embrace digital assets as a viable investment option, the traditional financial sector faces mounting pressure to adapt to this shifting paradigm.

🇺🇸 DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted 🟠 Binance Monitorship: Bloomberg The Department of Justice (DOJ) has chosen a London-based consulting firm for a coveted three-year monitorship of Binance, according to a Friday report from Bloomberg citing anonymous sources. DOJ earlier this year, the crypto exchange agreed to pay $4.3 billion in fines and appoint an independent compliance monitor. The firm’s CEO and co-founder Changpeng “CZ” Zhao also agreed to step down as part of the agreement, and was sentenced to four months in prison.

📊 Dynamics of outflows/inflows to bitcoin spot ETFs

📊 AI-powered DeFi platform introduces token mints by placing orders Brightpool Finance focuses on reducing entry barriers and enhancing price stability in the DeFi space through AI-calculated trading rewards and price-freezing features. Bitcoin has enjoyed some chill time, it is still not at the level desired by investors who seek to avoid unpredictable prices. Moreover, low liquidity in the decentralized finance (DeFi) sector, which has a market capitalization under $100 billion compared to Bitcoin’s $1.2 trillion, further increases price volatility.

#BTC💰 The asset followed the second scenario, which I marked with a question mark, we saw a local decline and then a recovery. At this point, I expect to see the asset exit to 64000, and then dive with the aim of taking liquidity down to 60000, to the lower range level. On the liquidation map, we can see a small amount of liquidity just up to 64000, and a lot of liquidity at the bottom, which in turn confirms the local thoughts. I also want to remind you that today we have expiration of $1.15 billion in BTC options. And the zone of main interest is at $62,000. As the practice of the last four weeks shows, the zone of main interest is easily reached.

#ETH🔹 The asset continues to form sideways, and not so long ago we saw the price exit from the wedge upwards. And at the moment we see a squeeze to the middle level of the range. I expect to see an impulse price exit up to 3060-3080, after which the price will continue to move down to 2950-2900. On the liquidation map, we see minor liquidity accumulation on top, up to 3080. And more serious liquidity accumulation at the bottom down to 2950. Which also confirms my local thoughts on the asset. Just a reminder that today is the expiration date for ETH options totaling $839 million. And the zone of main interest in ETH = 3050$.

💰 Institutions Likely To Show Interest in Bitcoin DeFi Applications Bitcoin (BTC) is rapidly evolving. While the Bitcoin network has primarily been used for payment transactions, current activity appears to be resembling that of Ethereum during the height of decentralized application (Dapp) projects. The introduction of Bitcoin Runes and BRC-20 tokens – which emerged during the time of the fourth Bitcoin halving event – has likely sparked the evolution of Bitcoin-native decentralized finance (DeFi).

Good afternoon, gentlemen! What unites these two, at first glance, completely different graphs? No, this is not an identical formation of the Bullish Wedge pattern on higher timeframes. They are united by the fact that the JTO and PYTH coins recently underwent the listing procedure on the largest centralized exchanges in the world: ByBit, Binance, OKX and other sites. Pay attention to the very first candle, it starts from a fixed listing price and takes off like a rocket. Finding such projects at the token sale stage is real happiness for any trader. These are professions that bring in millions. It is thanks to such professions that those young people you often see on the Internet earned their fortunes and became millionaires overnight. Why doesn’t everyone participate in these token sales? A reasonable question. And the answer is simple to the point of absurdity: it is almost impossible to detect them in time. And even if it succeeds, many, including me a couple of times (this happened a couple of times), do not fully understand the true scale and buy coins for mere pennies 👀, after which they record only a couple of thousand dollars in profit and go on to look at crypto millionaires, who jump into such events without frittering away, maintaining their status as deserved millionaires

🪙 Uniswap frontend is feeling the pressure since fee hike Uniswap Labs increased the fee to swap on its interface from 0.15% to 0.25%. The fee applies to most, but not all, swaps that are executed using the Uniswap web interface and wallet. Traders can use aggregators, alternate UIs, or go directly through the smart contract to make swaps. When the fee was first introduced in October 2023, Uniswap founder Hayden Adams said it would allow his team to “continue to research, develop, build, ship, improve, and expand crypto and DeFi.”.

Donald Trump says "Biden doesn't even know what" crypto is and if you like crypto you "better vote for Trump."

I hope you have started to buy back 🔹#ETH? The range for opening new trades was indicated for you in the previous review: It is best to gain a position with limit orders in the zone of 3092-3016$ All my buy orders have been successfully filled, now we just have to wait for the local trend to reverse soon and start growing. From the technical point of view the situation looks no less attractive at the moment the price has stabbed the strongest support zone at 2985$-2868$, which was followed by an instant reaction from the buyer's side and started buying. If the asset goes below this zone, it will indicate that the market is not ready for a reversal, but personally I don't care at all, because as you all know, it is simply impossible to catch a liquidation on the spot. The nearest growth target is the 1st local maximum located at 3730$, the most important thing is to successfully overcome two resistance levels at 3204$ and 3419$ - they keep the price from continuing the upward movement. Translated with DeepL.com (free version)

⚡️⚡️⚡️⚡️⚡️⚡️: 📊 World central banks' net gold purchases set a new record in Q1 2024. Global central banks bought 290 tonnes of gold in the first quarter above the previous all-time high of 286 tonnes seen in Q1 2023.