$DASH failed to hold the bullish structure in the 4H tf and we lost the "dump #1" level. Expecting "dump #2" level at some point. BUT: Macro structure still points to north, so nothing is broken yet.
TAO already did its full cycle earlier. Blow-off top, distribution, then a steady bleed.
The bounce into descending resistance was clean and the rejection was expected. Right now it looks like base-building at best, continuation at worst.
This is the phase where time matters more than price. I’m not chasing $TAO here. I’m watching to see if it can actually build something instead of just reacting.
$DASH is still holding the $62 support! I'm expecting high 70's before (possible) correction to $48 -> We might not even get there, it all depends on how BTC behaves.
Everyone is scared as price looks ready to make a new low. However, this might just be a trap. The ascending channel structure forming on the daily chart is holding so far. And even if price had to eventually crash, we'd likely still have a small pullback to 92k before that happens. On the 4-hour chart, price has been ranging for the last 48 hours, with price staying above 89k most of the time. A quick wick to 88k is still possible but I'm leaning bullish because of this daily ascending channel on both and $ETH .
Ripple strengthens its institutional footprint in Turkey
Ripple renewed its custody partnership with Garanti BBVA Crypto, expanding secure institutional access to $XRP and reinforcing its presence in the Turkish market.
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$FIRO community's engagement is vibrant and multifaceted, reflecting a strong commitment to privacy-focused cryptocurrency and community-driven initiatives:
Initiatives and Programs: Firo has introduced ''#Firo_Guardian_Program '', aimed at amplifying the presence of Firo and promoting privacy awareness. This program encourages community members to be active advocates, protectors, and promoters of Firo's privacy features. Joining involves simple steps like engaging on Discord, which fosters a direct line of communication and community interaction.
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This engagement strategy reflects Firo's commitment to not just being a cryptocurrency but building a community-driven privacy movement. By integrating financial incentives with educational content, privacy advocacy, and direct interaction channels, Firo ensures its community is not just a user base but an active participant in its ecosystem's growth and privacy advocacy.
Major Tokenomics Overhaul : #FIRO has introduced significant changes to its tokenomics structure, incorporating a tail emission system which aims to sustain miner or validator rewards indefinitely. This move is designed to ensure the long-term security and decentralization of the network by providing continuous incentives beyond the initial coin distribution phase.
Privacy Enhancements : $FIRO continues to lead in privacy technology within the cryptocurrency space. Its adoption of the Lelantus protocol enhances transaction privacy, hiding sender and recipient details, which aligns with Firo's ethos of providing users with financial privacy akin to physical cash.
Liquidity Campaign : A new liquidity mining campaign was announced with a significant reward pool, aimed at boosting Firo's liquidity on exchanges. This initiative reflects Firo's strategy to enhance its trading volume and liquidity, making it more accessible for users and potentially stabilizing its market price.
Community and Development Updates : There's mention of a bi-weekly newsletter named "Firo Frontier," launched to keep the community updated on Firo's developments, privacy technology advancements, and other relevant insights. This indicates an active community engagement effort and a focus on transparency with its user base.
Security and Decentralization : Firo's infrastructure, including its hybrid Proof of Work (PoW) and masternode system, continues to defend against common blockchain attacks like 51% attacks, while ensuring transaction finality and enhancing network security through decentralization.
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Technological Innovation : Firo's commitment to privacy includes not just transaction anonymity but extending privacy to assets with technologies like Spark Assets. This innovation aims at making all interactions on the blockchain private by default.
Engagement Efforts : The introduction of the "Firo Frontier" newsletter and the liquidity campaign suggests Firo is actively working on increasing user engagement, adoption, and maintaining liquidity, which are crucial for any cryptocurrency's success.
In view of all these updates, Firo's ongoing commitment to privacy, security, and user engagement within the cryptocurrency ecosystem, positioning itself as a project focused on the intersection of technology, privacy, and finance.
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