Bitcoin is approaching the $100,000 milestone after reaching new all-time highs. Long-Term Holders (LTH) are now selling their Bitcoin holdings, taking advantage of the strong market. Since September, they've sold 507,000 Bitcoin, which is less than the 934,000 Bitcoin they sold during the March 2024 price rally.

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What Is a TRC-20 Token?

The TRC-20 token standard allows for tokens to be created on the TRON network. It defines the functions that need to be implemented so that a token can be accepted as a standard TRC20 token.

The TRC-20 standard is similar to the ERC-20 standard used for Ethereum tokens and is intended to be fully compatible with it.
For the TRC-20 protocol to work correctly, the token's contract is required to implement several functions. There are three optional items and six required items that need to be defined in TRC-20 token development.

The following are some of the functions that are used in TRON's TRC20 implementation.

Optional items: Name, Abbreviation, Precision

Required items: totalSupply, balanceOf, transfer, transferFrom, approve, allowance

TRON Virtual Machine is a lightweight, complete VM. Its purpose is to offer millions of developers a custom-built system for an efficient, easy, safe, and scalable blockchain.

Before TVM was launched on May 25th, 2018, TRON had already been working on some additional functions to improve the security and usability of the protocol. TVM makes TRON more secure and robust without compromising the high TPS (transaction per second). It also enables compatibility with Ethereum. The TVM will be fully compatible with Ethereum smart contracts by using its own pluggable smart contract engine. Ultimately, this compatibility will allow Ethereum developers to easily migrate their smart contracts onto the TRON network.

TRON blockchain is an open-source protocol serving the digital content distribution space. It extends its support for several blockchains and smart contract systems. These include Bitcoin, Ethereum, and many public blockchain networks. TRON offers a multiprotocol infrastructure to developers for application development in the digital entertainment industry, allowing users to benefit from smooth multiprotocol smart networks.

It uses its own cryptocurrency (TRX) to enable access to different services offered on its platform. Customers can pay using TRX for the services they use. The platform enables one-on-one interaction between consumers of content and the content creators.

The TRON network is secured by Delegated Proof-of-Stake (DPoS), which means that the stakeholders of TRX elect Super Representatives who are responsible for validating transactions and maintaining the network.

#AUCTION had a very great pump and achieved all the target. Trade gave profit around 84% with 10x its around 840% profits.

Enjoy

#AUCTION another call given and achieved the 2nd target and 47% in profit and with 10x leverage its around 470% in profits

Here's the Analysis of #STX :

#STX moving within the uptrend channel pattern and given a slightly break too. Price still bullish and expected a push towards the next key resistance area of $3.08 - $3.13.

#BITCOIN DAILY TF UPDATE :

#BITCOIN surpasses the $100,000 mark and dumped hard yesterday. Price rejected strong from the drawn level at support and had a indecision closing. Price moving back and forth of $100K level and expected further move with a retracement in next week.

#ENA kept on rising and a new higher high. All trades working perfectly 215%, 128% and 64% in profits and try to secure some more profits here.

#ENS flipped the zone and started consolidating over the strong support zone. Price showing strong buyer from here and need to see some sort of new Higher high sooner, attempting buys looks good here.

Long-Term Holders are currently selling about 0.27% of their Bitcoin supply daily, which is historically significant. Out of all trading days recorded, only 177 have seen a higher rate of distribution. Notably, the current selling rate is more aggressive compared to the March 2024 all-time high, indicating a strategic and potentially calculated approach to selling their Bitcoin holdings.

Here's the Analysis of #ZRO :

#ZRO kept on printing the new higher high and now sitting on the structural support zone of $6.79 - $6.91 and expected to further higher in this bullrun.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, Attempting to cross the build up resistance and need to a closing above $98,000 and best case will be $100,000 level. With that closing, price build the new support at $97,000.

#DXY UPDATE :

#DXY turned bearish as said and now moving lower after the retest, with that we saw a fruitful push in market. Now Index is approaching towards the support zone 104.87% - 105.18% where market might go into consolidation or a healthy retracement phrase.

The Long-Term Holder (LTH) Liveliness metric helps gauge Bitcoin holder behavior by measuring the balance between holding time and spending time. While the current supply distribution rate is higher than the March peak, the volume of coin destruction remains relatively low. This suggests that the Bitcoin being sold is from more recently acquired coins (around 6 months old) rather than long-held, older coins. In other words, the market is seeing active trading, but not a massive liquidation of long-standing Bitcoin holdings.

What Are Treasury Bills (T-Bills)?

Treasury bills (T-Bills) are essentially short-term U.S. government debt obligations that are backed by the Treasury Department with a maturity in a year or less.

Treasury bills are typically sold in denominations of $1,000, and some can even reach a maximum denomination of $5 million when in non-competitive bids.

As such, these securities are widely regarded as a low-risk as well as a secure investment.

The U.S. government issues treasury bills to fund different public projects, for example, the construction of highways, and when an investor purchases a treasury bill, the U.S. government is writing an "I owe you" letter to the investors. This means that treasury bills are considered safe as well as conservative investments since the U.S. government backs them.

Treasury bills are held until their maturity date; however, some holders might want to cash out before the maturity and realize the short-term interest gains through reselling the investment to the secondary market.

Discussing treasury bill maturities, they can have maturities of just a few days up to a maximum of 52 weeks. Keep in mind that the longer a maturity date is, the higher the interest rate that the treasury bill will pay to the investor.

Treasury bills are issued at a discount from the face value of the bill, and this means that the purchase is less than the face value of the bill itself.

Over time, when the treasury bill ends up maturing, the investor is paid the face value of the bill they bought. If the face value amount is greater than the purchase price, the difference is in the interest earned for the investor. Keep in mind that treasury bills do not pay regular interest payments as with a coupon bond, for example; however, a treasury bill does have an interest which is reflected on the amount it pays when it ends up maturing.

#ADA Update

Can't confirm anything yet

Wait for the proper news to out

#ADA Update 👀
As expected

Here's the Analysis of #AR :

#AR flipped the key resistance area and making it into the major support zone of $25.91 - $26.71. Price gave a minor break of the trendline and still we can expect it to move higher as market is overall bullish. The next target area would be resistance around $34.64 - $35.43.