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Been trying to find the bottom and KRL and this might be it.A falling wedge pattern shows that this might be the nearing the end of this consolidation phase. In that case we can expect a decent push for $KRL towards it's all time highs and further for this bull run. Still considering the fact that the project is building on AI capabilities, we can expect a boom based on fundamentals as well given the tokens small market cap status on Coinbase and its low supply token. #btc #eth #KRL
COINBASE:KRLUSDLong
by WiseChimp
okx BTC ethOKX released the seventh Proof of Reserve (PoR), the public currency has increased to 22, and the reserve rate exceeds 100%, among which the reserve rate of BTC, ETH, and USDT is 103%, with a total value of 10 billion US dollars . At present, OKX has upgraded the POR system through zk-STARK technology, and users can independently verify the solvency of Ouyi OKX at any time. It is one of the few mainstream encrypted trading platforms in the industry that issues reserve certificates on a monthly basis. OKX Global Chief Commercial Officer Lennix Lai said: OKX has continuously released POR reports since the end of 2022, setting the highest standard for platform security and transparency for the industry. We will simplify the use of zk-STARK technology and continue to improve the proof-of-reserve system, which is a necessary condition for gaining and maintaining user trust.
by Susan_117
FTT/USDTBuy ✅ What Is FTX Token (FTT)? FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019. The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement. FTX is a centralized crypto exchange launched by Sam Bankman-Fried in 2019, backed by significant trading companies in the industry, including Almeda Research, OTPP, Temasek, BlackRock, Coinbase Ventures and Sequoia Capital. As of 2022, the platform has over a million registered members, and the daily trading volume has reached billions of dollars. In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model. On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet. Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens. A year after its founding, FTX Exchange introduced the exchange token called FTX Token or FTT. The FTT coin is an ERC-20 standard token that is actively used by ecosystem participants. Initially, FTT was established as a reward for exchange transactions; however, over the years the list of functions has grown: FTT is applicable in the creation of leveraged tokens on the FTX Exchange; users can receive VIP discounts in the form of FTT depending on the number of coins they own, and it’s possible to earn rewards for providing liquidity through futures positions. In order to maintain its value, the exchange regularly buys back and burns its tokens, spending on the purchase of FTX: 33% of trading fees, 10% of the reserve fund, and 5% of other commissions. FTT Token use cases: 1/3 of the commissions received from transactions on FTX are utilized to buy back FTT. Tokens redeemed in this way are burned; FTT tokens are used to reduce trading fees and to secure futures positions; Profits from massive market movements are distributed among the holders; By purchasing a white label version of FTX’s OTC portal and futures market, institutions and investors pay expenses in FTT tokens; By creating leveraged tokens, projects can pay listing fees with FTT; Users can stake FTT to benefit from discounts, bonus votes, and blockchain fee waivers. One benefit of FTX Token (FTT) is commission discounts. Members pay a low fee and obtain tighter spreads. Traders use FTT as collateral, and those who are active on FTX Exchange see percentage differences of up to 60%. Traders get insurance protection, which ensures a net profit in moments of market volatility, then makes it possible to continue trading even without a margin call. In addition to the fact that FTT is useful for opening positions with leverage, FTT staking also offers perks: discounts, the opportunity to win NFTs, participation in airdrops, bonus votes and IEO tickets.
Long
by ROBINHOODLAB
1
TA Update - No Livestream Today- BTC, ETH, DXY, SPX, NDXLittle bit of a video update since we couldn't do a stream today Normie markets are retracing hard as Crypto is sideways building liquidity to the upside and downside. A bit of a no trade zone for me unless you're looking to short the local resistance and long the support. Downside continuation is expected however, I would still like to see a bit more of a bounce to retest levels that we dumped through quite hard. Back tomorrow at 13.15 UTC for a Live Stream
Short
by TrendmasterOfficial
FTT/USDtBuy ✅ What Is FTX Token (FTT)? FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019. The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement. In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model. On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet. Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens.
Long
by ROBINHOODLAB
2