Crypto ETH

What is Ethereum ❓

Ethereum is a decentralized, open-source blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). It was proposed by Vitalik Buterin in late 2013 and went live in July 2015.

Key features of Ethereum include🔹

1. Smart Contracts 💠

These are self-executing contracts with the terms of the agreement directly written into code. They automatically execute actions when predefined conditions are met, allowing for trustless transactions.

2. Decentralized Applications (dApps) 💠

Developers can create applications that run on the Ethereum blockchain, which are not controlled by any single entity. This promotes transparency and reduces the risk of censorship.

3. Ether (ETH) 🔹

This is the native cryptocurrency of the Ethereum network, used to pay for transaction fees and computational services on the platform.

4. Ethereum Virtual Machine (EVM)🔹

This is the runtime environment for executing smart contracts on the Ethereum network. It allows developers to write code in various programming languages, which is then compiled into bytecode that the EVM can execute.

5. Consensus Mechanism 📄

Ethereum initially used a proof-of-work (PoW) consensus mechanism, but it has transitioned to a proof-of-stake (PoS) model with the Ethereum 2.0 upgrade, which aims to improve scalability, security, and energy efficiency.

Ethereum has become a foundational platform for various projects in the decentralized finance (DeFi) space, non-fungible tokens (NFTs), and more, making it one of the most significant blockchain networks in the world.

💠 @Officially_Youtuber

#SHIBA 🐶 has entered an upward movement after breaking its downward trend line and in the short term it can be expected to touch the targets of 0.015961 - 0.017788 and for the long term it will touch 0.022288 - 0.028332.

The market is in an upward position and can make a good profit, and we must be careful and enter into transactions with capital management.

The stop loss for this analysis is 0.012301.

#USDT 💵 It worked exactly according to our analysis and Dominance Tether reached our second target with an 8% drop. The decline of Dominance led to the growth of Bitcoin and altcoins

#Bitcoin 🪙 is compressed near its downward trendline. We have two scenarios.
1- Breaking the downward trend line and rising to the price of 65,000 and 70,000.
2- More correction and falling and reaching its own resistance trend, prices 52500 - 48000.

#KAVA 🔴 is currently compressed within a falling wedge pattern, building up momentum for a potential bullish breakout.

If the bulls muster enough strength, we could see KAVAUSDT break free from this formation, potentially igniting a powerful bullish wave. The price may surge toward the internal resistance zone around $0.388 if this trend continues. We might even see momentum push toward a major resistance level if momentum persists!

But caution is essential. If the bulls can’t deliver the necessary momentum, we might see KAVA slipping toward the lower support zone at $0.23–$0.25 as it hunts for liquidity.

If this critical support zone also fails, bearish pressure could increase, leading to a further decline.

#COTI After breaking the trend line and missing its resistance line, we have a bearish scenario for it and expect it to touch the targets of 0.10029 - 0.08823 - 0.08324.

As we said in the #Bitcoin analysis, we expect the market to fall, so please enter with capital management.

3 DAYS left until the Biggest Pump Signal on KuCoin

Members,

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18 September
At 🕓 4 PM UTC

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#ALPHAUSDT is showing promising signs of a bullish continuation from the bullish Order Block around $0.0500 . The falling wedge formation . If this momentum persists, we could be on the brink of a strong bullish surge. But to confirm this bullish scenario, #ALPHA must break above the minor resistance level at $0.0660. We could witness a significant rally if this resistance is successfully breached, with the target set at the major resistance zone.

If the price continues to decline and we see a daily close below $0.0500 area then it would invalidate the bullish outlook and might lead to further declines.

Competition in the stablecoin market is intensifying with the emergence of new entrants such as PayPal’s dollar-pegged stablecoin PayPal USD.

Ripple Labs has begun testing its dollar-pegged stablecoin Ripple USD (RLUSD) on the XRP Ledger and Ethereum, with plans to expand to more blockchains. Tether’s USDT remains the largest stablecoin with a market cap of over $118 billion, while Tether has also announced plans for a new stablecoin pegged to the UAE dirham (AED).

✅@wewantyouth

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