Here's the Analysis of #YFI :

#YFI had a very huge rally to the upside and rejected hard from the key resistance area (grey box) around $14,500 - $15,000. Now, price is going though the retracement phrase and kept on dropping towards the H4 Support area around $11,150 area. If price sustains over the level, then we can see a rally towards the previous Highs and can expect a breakout too.

#BTC dropped more than what we expected but the further drawn zones worked perfectly. Price once again rejected the zone very sharply around $95,000 - $95,300. Daily Candle must sustain above the $95,000 level, which will maintain the bullish market structure.

#US30 UPDATE :

#US30 had a retracement phrase and gave a break below of the structural support zone. Index having a clean range to the left to dip all the way down towards 43,600 zone. That's the reason to always book profits and wait for the price action.

$1.75B were liquidated within the past 24H.

Trader in the market facing massive liquidation in the market due to huge wick down and ups.

How Are They Useful in Web3?

In the world of web3, TEEs offer several compelling advantages. They enable confidential smart contract execution, allowing developers to build dApps that protect sensitive user data without sacrificing functionality. By offloading complex computations to TEEs, blockchain can process transactions more efficiently, improving overall scalability.

TEEs can act as trusted intermediaries between different blockchain networks, facilitating secure cross-chain transactions and data exchange. They can also serve as secure environments for oracle computations, ensuring the integrity of external data fed into smart contracts.

TEEs are used by multiple projects for these purposes, including Secret Network, Oasis Network, Automata, Phala, Marlin, and Flashbots.

Some layer 2 scaling solutions leverage TEEs to perform off-chain computations securely, reducing the burden on the main blockchain while maintaining security guarantees. In the realm of decentralized finance (DeFi), TEEs enable the development of applications that can process sensitive financial data without exposing it to the public blockchain.

For crypto wallets and other blockchain applications, TEEs provide a secure environment for storing and managing private keys. This adds an extra layer of protection against potential attacks or breaches.

While TEEs offer significant benefits for web3 applications, it's important to note that they're not without challenges. The reliance on hardware manufacturers introduces a degree of centralization, which can be at odds with the decentralized ethos of many blockchain projects. Additionally, while rare, hardware vulnerabilities in TEEs can potentially compromise the security of the entire system.

Despite these challenges, the unique combination of security, performance, and flexibility offered by TEEs makes them a powerful tool in the web3 developer's arsenal. As the technology continues to evolve, we can expect to see even more innovative uses of TEEs in the blockchain space, pushing the boundaries of what's possible in decentralized systems.

How Do They Differ From Zero-knowledge Proofs?

While both TEEs and zero-knowledge proofs (ZKPs) aim to enhance privacy and security in digital systems, they approach these goals in fundamentally different ways. TEEs use hardware-based isolation and encryption to protect data and computations. ZKPs, on the other hand, are purely cryptographic protocols that allow one party to prove knowledge of information without revealing the information itself.

In terms of performance, TEEs generally offer better results for complex computations. ZKPs can be computationally expensive, especially for intricate proofs, although verification is typically fast. TEEs provide a more flexible environment for general-purpose computations, while ZKPs often require custom circuits for specific use cases, which can limit their applicability.

The trust models of these technologies also differ. TEEs rely on trust in the hardware manufacturer and the integrity of the hardware itself. ZKPs don't require trust in any third party but rely on the mathematical properties of the cryptographic protocols.

When it comes to data handling, TEEs can work with and protect large amounts of data in real-time. ZKPs are more suited to proving specific statements about data without revealing the data itself. In terms of scalability, TEEs can handle multiple users and applications concurrently with relative ease. Scaling ZKPs for multi-party scenarios can be more challenging, especially when privacy between parties is required.

Using the proceeds from its zero-coupon convertible notes offerings, MARA has acquired 11,774 BTC for ~$1.1 billion at ~$96,000 per #bitcoin and has achieved BTC Yield of 12.3% QTD and 47.6% YTD. As of 12/9/2024, we hold 40,435 BTC, currently valued at $3.9 billion based on a spot BTC price of $96,500.

Here's the Analysis of #ORDI :

#ORDI dumping hard from the key resistance area of $47.86 - $51.21 and overall market is dropping hard. Price following the uptrend channel pattern and trying to break through it. If market sentiments remains bearish then we can expect a drop towards the $24.17 - $25.68.

#BTC again gave a solid rejection off the support zone, and now the zone standing very strong. Still market structure is bearish at the moment, by NY Open we can expect some strong moves to the upside if H4 candle closed with a small body.

Notice of Removal of Spot Trading Pairs - 2024-12-13
https://www.binance.com/en/support/announcement/efbb0b417f2b432a94b5421010d57671

#GOLD UPDATE :

#GOLD had a great breakout after a full week of consolidation and retest the zone as support. Price moved away from there nearly towards the resistance drawn, expecting a tap into the zone and a drop or reaction from there itself.

News Today & Tomorrow 👀

Recent analysis reveals the Bitcoin selling pressure composition from November 2024:

1. 6-12 months: $12.6 billion (35.3% of total selling)
2. 3-5 years: $6.3 billion
3. 1-2 years: $7.2 billion
4. 2-3 years: $4.8 billion
5. 5+ years: $4.8 billion

Coins aged 6-12 months dominate the selling pressure, indicating recent investors are taking profits. These appear to be swing-trade style investors who entered after the Bitcoin ETF launch. More established long-term holders seem more patient, suggesting a calculated, selective selling approach rather than a massive market liquidation.

Here's the Analysis of #SUPER :

#SUPER touched the strong resistance area of $1.98 - $2.07 and price likely to have a retracement back to the support zone $1.51 - $1.55. In case price gave candle close above the resistance area then we can expect buy from there towards the next area of resistances.

#BTC had a strong push to the upside and trying to turn the bullish market structure and currently, price is going through the retracement. Price can dip below the $100,000 for a liquidity hunt.

#ORDI had some strong support from the bottom channel line and had a good reaction from there. Well, if Price able to sustains over the zone then we can expect some strong move from here. If you bough it then it good or wait for the bottom support.

In the March price peak, coins from 2021-2023 were actively sold. The current rally shows a different trend: 2023 coins are driving most of the selling, with 2021-2022 coins just starting to contribute.

This suggests a "swing-trade" strategy, where newer investors are more actively taking profits, while slightly older investors are more cautious and strategic about selling.

The market reveals a calculated, measured approach to Bitcoin profit-taking.

What Is a Tumbler?

Tumblers are responsible for breaking down transactions into smaller parts — and mixing them with others. This makes transactions harder for third parties to hunt down.

Users deposit their coins into the tumbler’s pool. The tumbler will return each user the same number of coins, minus the fees. However, the funds received will be made up of a multitude of parts of the funds that other users have deposited into the system. This helps to create a divide between the address sending crypto, and the one that is receiving it.

Tumblers usually do not ask for information about their users, ensuring anonymity. As a result, they are often accused of enabling illicit activities like money laundering, given that they make the anonymous applications of the Dark Web much more convenient and the jobs of law enforcement agencies more difficult.

However, tumbling cryptocurrency does not always carry suspicious motives. Users who resort to mixing should bear in mind that tumblers’ manipulations carry a few dangers, notably the risk of hacking. In case of security holes, it would be easy for hackers to recover personal data or trace the origin of a user’s coins.