bootg.com »
United States »
Trading Crypto Guide ™ ( Binance Mexc Bitcoin Kucoin Pump Signals #Binance #Mexc #Bitcoin #Pump #Signal ) » Telegram Web
BIG THINGS COMING FOR #LTO🚀
The team is dropping hints about the massive #RWA season ahead
Everything is lining up for an explosive pump Don’t sleep on this, the time to buy is NOW
Tweet link: https://x.com/TheLTONetwork/status/1857754740916105287
The team is dropping hints about the massive #RWA season ahead
Everything is lining up for an explosive pump Don’t sleep on this, the time to buy is NOW
Tweet link: https://x.com/TheLTONetwork/status/1857754740916105287
Bitcoin ETFs in the US have been very popular, bringing in lots of money similar to when they first launched. However, investors have recently pulled some money out, possibly due to uncertainty around the upcoming US election. Despite this, Bitcoin's new all-time high price might attract new investors back to these ETFs.
Trading Crypto Guide ™
Choose a Coin For Analysis
Trading Crypto Guide ™
#BITCOIN WEEKLY TF UPDATE : #BITCOIN on Weekly TF, had a liquidity sweep and goes through the wick fill. Price making new All-Time Highs Daily, we have no reference to the left and more push can come with a retracement with the strong weekly close.
Trading Crypto Guide ™
#DXY UPDATE : #DXY perfectly played well and tapped into the mentioned resistance area and retraced. Index again gaining the strength and might go above the resistance. Not a Good call for us as it might start melting down the overall market or make it stuck…
Bitcoin has historically reacted strongly to US presidential elections:
2016 (Trump win):
Before: Price up 35%, Investment up 20%
After: Price up 125%, Investment up 56%
2020 (Biden win):
Before: Price up 35%, Investment up 17%
After: Price up 307%, Investment up 196%
2024 (Current):
Before: Price up 10%, Investment up 13%
After so far: Price up 28%, Investment up 2%
While Bitcoin is still growing this election cycle, the gains are smaller than in previous elections. This might be because investors are waiting to see how future crypto policies will develop.
2016 (Trump win):
Before: Price up 35%, Investment up 20%
After: Price up 125%, Investment up 56%
2020 (Biden win):
Before: Price up 35%, Investment up 17%
After: Price up 307%, Investment up 196%
2024 (Current):
Before: Price up 10%, Investment up 13%
After so far: Price up 28%, Investment up 2%
While Bitcoin is still growing this election cycle, the gains are smaller than in previous elections. This might be because investors are waiting to see how future crypto policies will develop.
Trading Crypto Guide ™
#LTO/USDT looks a perfect buy here Lying on weekly S/R level and accumulation going on from past few weeks above support zone Stochastic RSI is flashing a HUGE bullish signal! Looks ready for a takeoff anytime from here🚀✌️ Targets: $0.15- 0.175- 0.2…
#LTO had a strong jumped and nearly got into the 1st target making around 18% in profits. Secure some right here and hold the rest into further targets.
Trading Crypto Guide ™
Choose a Coin For Analysis
Trading Crypto Guide ™
#LTO had a strong jumped and nearly got into the 1st target making around 18% in profits. Secure some right here and hold the rest into further targets.
#LTO had an another aggressive leg up and hit the 2nd Target of $0.175 and even surpassed it. Price made a high of $0.185 which is 54% in profits. Secure more position here and hold rest with breakeven.
Trading Crypto Guide ™
#BITCOIN WEEKLY TF UPDATE : #BITCOIN on Weekly TF, looks very bullish and getting a small wick to the top. Price closing anyways looks good as minor retracement has to come along. Altcoins ight dip hard, so buy the dip.
#BTC still moving with a very low volume and weekly candle had a decent rejecting wick. Market still in a range now, rejecting the support zone $89,500 - $89,800. This weekend either we'll have a deep retracement or new ATH.
Trading Crypto Guide ™
#US30 UPDATE : #US30 dropped as per the plan but failed to the retest the mentioned support zone. With that, we have a new All Time High, we missed the move but we can expect retracement and a move up again. The support is at 43200 - 43350.
Trading Crypto Guide ™
What Is Tokenized Identity? Tokenized Identity, otherwise known as blockchain-based identity, is a subset of digital identity that leverages blockchain technology to verify and authenticate identities. This involves verifying identity information and issuing…
Use Cases for Tokenized Identity
Tokenized identity can be used by protocols in order to ensure the integrity of processes. For example, it could be used in airdrop distribution practices to enhance security and reduce Sybil attacks. This is to ensure that tokens are distributed to verified and eligible users, not bots.
It could also be used in DeFi protocols to ensure users who fulfill certain requirements (e.g. having a verified government-issued ID, collateral requirements, on-chain activity, wallet address reputation checks, etc.) can access features like lending or borrowing. This provides better cybersecurity protection and reduces the risk of hacks or exploits on a protocol.
In the context of web3 gaming, game developers should ensure every player on their platform is unique, especially when rewards or competitive play are involved to ensure the integrity and fairness of the game. Tokenized identity can be used to distribute in-game rewards securely. This is because it would determine that rewards are being claimed by legitimate players who maintain control of their wallets, preventing issues like reward farming through multiple accounts or unauthorized access.
Another notable use case for tokenized identity is regulatory compliance, specifically Know Your Customer (KYC) and Anti Money Laundering (AML), through identity verification and government-issued ID checks.
Tokenized identity can be used to prove users have verified identities without revealing sensitive personal information every time. Additionally, with the implementation of Markets in Crypto-Assets (MiCA), many crypto-asset service providers need to prepare for verification compliance, and tokenized identity can help streamline this.
Benefits and Challenges
With tokenized identity, data protection can be preserved as users can have more control and use of their identity data, from sharing portions of their identity data to revealing it completely. This is important to protect individuals from being unfairly targeted by groups such as governments and corporations. Additionally, since a user may not need to share sensitive data directly and constantly validate a user’s identity, tokenized identity could help reduce the risk of identity theft and data breaches.
The immutable nature of the information stored on the blockchain also means that certain behaviors can be proved if necessary. As transaction data is immutable and cannot be altered retroactively, tokenized identity provides a tamper-proof record of transactions. This can be crucial when it comes to instances like election voting, healthcare where historical information needs to be reliably accessed, banking loan applications, real estate to verify transfer history, and more.
Another advantage of tokenized identity is its interoperability across various decentralized applications (dApps). Users are able to prove their specific identity attributes without sharing extensive information repeatedly, streamlining the interactions in Web3.
However, there are challenges when it comes to the use and implementation of tokenized identity. The issue of data storage, i.e. the feasibility of storing user data in a completely decentralized and non-accessible way, continues to be challenging because it is expensive and operationally complex to set up. Cross-chain portability of the tokenized identity also remains an area of opportunities, since people may want to take their verified credentials to dApps in other ecosystems.
Another hurdle for tokenized identity is regulatory compliance, which varies by jurisdiction and will make implementation challenging. For example, European countries must adhere to the General Data Protection Regulation (GDPR)'s strict rules on data processing, user consent, and the right to be forgotten. Other regions, like the U.S., have their own laws, such as the California Consumer Privacy Act (CCPA), adding complexity to global implementation. Balancing these regulations with the decentralized nature of tokenized identity could be a challenge.
Tokenized identity can be used by protocols in order to ensure the integrity of processes. For example, it could be used in airdrop distribution practices to enhance security and reduce Sybil attacks. This is to ensure that tokens are distributed to verified and eligible users, not bots.
It could also be used in DeFi protocols to ensure users who fulfill certain requirements (e.g. having a verified government-issued ID, collateral requirements, on-chain activity, wallet address reputation checks, etc.) can access features like lending or borrowing. This provides better cybersecurity protection and reduces the risk of hacks or exploits on a protocol.
In the context of web3 gaming, game developers should ensure every player on their platform is unique, especially when rewards or competitive play are involved to ensure the integrity and fairness of the game. Tokenized identity can be used to distribute in-game rewards securely. This is because it would determine that rewards are being claimed by legitimate players who maintain control of their wallets, preventing issues like reward farming through multiple accounts or unauthorized access.
Another notable use case for tokenized identity is regulatory compliance, specifically Know Your Customer (KYC) and Anti Money Laundering (AML), through identity verification and government-issued ID checks.
Tokenized identity can be used to prove users have verified identities without revealing sensitive personal information every time. Additionally, with the implementation of Markets in Crypto-Assets (MiCA), many crypto-asset service providers need to prepare for verification compliance, and tokenized identity can help streamline this.
Benefits and Challenges
With tokenized identity, data protection can be preserved as users can have more control and use of their identity data, from sharing portions of their identity data to revealing it completely. This is important to protect individuals from being unfairly targeted by groups such as governments and corporations. Additionally, since a user may not need to share sensitive data directly and constantly validate a user’s identity, tokenized identity could help reduce the risk of identity theft and data breaches.
The immutable nature of the information stored on the blockchain also means that certain behaviors can be proved if necessary. As transaction data is immutable and cannot be altered retroactively, tokenized identity provides a tamper-proof record of transactions. This can be crucial when it comes to instances like election voting, healthcare where historical information needs to be reliably accessed, banking loan applications, real estate to verify transfer history, and more.
Another advantage of tokenized identity is its interoperability across various decentralized applications (dApps). Users are able to prove their specific identity attributes without sharing extensive information repeatedly, streamlining the interactions in Web3.
However, there are challenges when it comes to the use and implementation of tokenized identity. The issue of data storage, i.e. the feasibility of storing user data in a completely decentralized and non-accessible way, continues to be challenging because it is expensive and operationally complex to set up. Cross-chain portability of the tokenized identity also remains an area of opportunities, since people may want to take their verified credentials to dApps in other ecosystems.
Another hurdle for tokenized identity is regulatory compliance, which varies by jurisdiction and will make implementation challenging. For example, European countries must adhere to the General Data Protection Regulation (GDPR)'s strict rules on data processing, user consent, and the right to be forgotten. Other regions, like the U.S., have their own laws, such as the California Consumer Privacy Act (CCPA), adding complexity to global implementation. Balancing these regulations with the decentralized nature of tokenized identity could be a challenge.
Trading Crypto Guide ™
Choose a Coin For Analysis