trading-clear-view

[trading-clear-view]

Ethereum ICO Investor Sells Holdings when ETH Price Surge to $3,000

 However, it is worth noting that there are other reports indicating that accumulation of ETH is increasing despite the price surge, and that the on-chain data of the Ethereum network is signaling a fertile ground for further growth of the asset.

Large Ethereum ICO Investor Sells Holdings Following ETH Price Surge to $3,000. Is it Bullish or Bearish?

 Additionally, a long-dormant ETH whale has recently reactivated their $10.4 million wallet. Overall, the current outlook for Ethereum is positive, with high speculative interest and a strong network supported by an increase in the number of validators and coins locked in staking.

The action taken by the large Ethereum ICO investor who sold their holdings following the ETH price surge to $3,000 cannot definitively be classified as either bullish or bearish alone. Instead, it provides insight into one specific actor’s viewpoint regarding the market. Based on the information provided, here are some considerations:

The sale occurred while ETH was experiencing a significant price rise, suggesting that the seller believed the asset had already achieved its objective at that price point.

The fact that the seller made a considerable profit on the trade also implies that they were confident in the asset’s ability to continue appreciating.

At the same time, the sale could indicate that the seller believes the market is overheated and ripe for a pullback. Read more...

[trading-clear-view]

Starknet network downs due to airdrops distribution

Starknet, a Layer 2 scaling solution for Ethereum, has experienced a decline in user count due to dissatisfaction with the eligibility criteria for the airdrop and concerns over the token distribution. The controversy has led to a 90% drop in user engagement.

 The dissatisfaction within the Starknet community, leading to the decline in active addresses, can be partly attributed to specific instances where active members were excluded from the airdrop due to not meeting the eligibility criteria.

 The backlash was further fueled by the distribution of a large portion of the STRK tokens to Ethereum solo stakers, a decision that some community members regarded as favoring wealthier and more technically capable individuals. 

However, following the��Starknet airdrop announcement, active addresses on the network have settled back to their normal levels. The reduction in active addresses could be attributed to the departure of airdrop hunters, who are often viewed as parasitic users within the crypto community.

Starknet responded to the user drop

Starknet has responded to the user drop by acknowledging the grievances and committing to addressing the concerns raised regarding the airdrop criteria. 

The project team has taken to social media platforms to reassure users that it is actively working to find a resolution. However, implementing a solution would require time for thorough research, design, and testing. The team has also reported that some users were “left behind due to certain criteria” and that they were working to resolve these issues. 

The team has emphasized its commitment to finding a “meaningful resolution” and has made some important updates thanks to community participation. Despite these assurances, many users remain skeptical and are calling for swift action to rectify the situation. Read more...

[trading-clear-view]

Rabby Wallet Airdrop Guide

Rabby Wallet is a digital wallet specifically designed for Ethereum and Ethereum Virtual Machine (EVM) blockchains such as Polygon, Binance Smart Chain, and others.

 The wallet provides a user-friendly interface with several unique features including automatic chain selection when visiting Web3 applications, transaction simulation, token approval management, address sorting, address whitelisting, MEV protection mode, gas savings mode, security alerts, scam transaction filtering, smart contract labeling, and wallet locking.

 Rabby Wallet was created by the DeBank team and aims to provide a comprehensive solution for both novice and experienced users within the cryptocurrency space. The wallet is accessible through browser extensions and desktop clients, with mobile support planned for the near future. Additionally, Rabby Wallet introduced a point system, which could potentially lead to participation in future airdrops.

Complete Guide (Rabby Wallet) Airdrops

Download the Rabby Wallet for Chrome.

Install the wallet and import your existing wallet or create a new one.

Now click on “Rabby Points” from the wallet.

Make sure to enter “MUJYNAIPATAYAAR” in the referral code field.

Users who import an EVM wallet will receive bonus points based on the wallet balance at the snapshot date.

Import your Metamask wallet and get up to 12k bonus points if you’ve used Metamsk Swap in the past year.

Now engage in on-chain activities, make swaps, etc, to start earning points. Read more...

[trading-clear-view]

Blast Airdrop Guide

Blast Airdrop refers to a promotional campaign by Blast, a Layer 2 (L2) solution for Ethereum that offers native yield for ETH and stablecoins. Blast has raised $20 million from investors like Paradigm and Standard Crypto and has confirmed that it will do an airdrop for early users.

Users who sign up with an invite code, bridge ETH and invite friends will get airdrop points. Airdrop points will be convertible to Blast tokens in May.

To participate in the airdrop, users need to visit the Blast website, click on “Join Early Access,” and enter an invite code. They will then need to bridge ETH or other tokens from Ethereum to Blast L2 and earn airdrop points by spinning a wheel. The more assets users bridge, the greater the rewards. Withdrawals will be enabled post the Blast Mainnet launch in February 2024.

Complete Guide (Blast) testnet Airdrops

Visit the Blast website.

Click on “Join Early Access”.

You will need an invite code to access the platform.

Enter our exclusive unlimited invite code “WS7XR” and access the platform.

Follow them on Twitter and Discord and click on “check your airdrop”.

Now, connect your wallet.

Head over to the Bridge section and transfer ETH or other tokens from Ethereum to Blast L2.

You will need some ETH or other tokens supported on Blast to be eligible to bridge. You can get them on different exchanges.

You will also earn 4% interest rate for ETH and 5% for stablecoins, whereas on other L2s it’s 0%. Read more...

[trading-clear-view]

51% Attack on bitcoin and ethereum

Nations are facing challenges with carrying out cost-prohibitive 51% attacks on Bitcoin and Ethereum networks, as the latest research indicates that the high costs involved make such attacks financially impractical for nation-states. 

This finding is supported by a study from Coin Metrics, which dispels fears surrounding the feasibility of 51% attacks on these networks by nation-states.

 The cost to attack these networks has been quantified in a study titled “Breaking BFT: Quantifying the Cost to Attack Bitcoin and Ethereum,” which highlights the significant financial barriers to such attacks.

51% attack on bitcoin and ethereum

A 51% attack is a potential threat to a cryptocurrency blockchain, occurring when a single miner or a group of miners controls more than 50% of the network’s mining hash rate.

This majority control theoretically allows the attackers to alter the blockchain, such as preventing new transactions from being confirmed or reversing transactions to double-spend tokens. However, the latest research from Coin Metrics suggests that it is no longer financially viable for nation-states to carry out 51% attacks on the Bitcoin and Ethereum networks due to the significant costs involved.

 The high costs make such attacks financially impractical, as evidenced by the “Breaking BFT: Quantifying the Cost to Attack Bitcoin and Ethereum” study, which highlights the substantial financial barriers to these attacks. 

The likelihood of a successful 51% attack on larger networks like Bitcoin and Ethereum is low due to their high security and the significant resources required to control the majority of the network’s hash rate. Read more...

[trading-clear-view]

Next Altcoin Season Coins

Some altcoins that will easily 50x in this bull run

Chain Link

Chainlink (LINK) altcoin price predictions vary widely, with forecasts influenced by factors such as market conditions, expert opinions, and the project’s fundamentals.

chainlink price prediction 2025

The high price is predicted to be $225.58, with a low of $182.1 and an average of $203.84.

Avalanche

Avalanche (AVAX) altcoin is a cryptocurrency that is used on the Avalanche blockchain platform. Avalanche uses a consensus mechanism called Avalanche-X, which allows for high throughput and low latency transactions.

The platform also supports the creation of subnets, which are customizable and can be used to deploy different types of decentralized applications (dApps).

Avalanche price prediction 2025

A more bullish prediction, indicating that Avalanche’s price in 2025 could range between $130.26 and $164.91. Read more...

[trading-clear-view]

Entangle Airdrop Guide

Entangle is a project that has launched an Incentivized Testnet, allowing participants to earn NGL tokens by testing their platform. The Testnet provides an opportunity for users to experience the features of the Entangle Protocol, rewarding active participants with NGL tokens.

Participants can follow the steps outlined on the Testnet page to join the airdrop and earn free NGL tokens. The project aims to provide a customizable and interoperable data infrastructure built for Web3 and institutions, offering full customization for builders and dApps, and aiming to unify the Web3 space and optimize ecosystem liquidity

The Entangle Testnet provides a risk-free environment to explore product features with no real-world implications.

Participants will be allotted a portion of $NGL via Airdrop near TGE based on activity and snapshots. Read more..

[trading-clear-view]

DOP Testnet Airdrop Guide

Data Ownership Protocol aims to redefine paradigms by enabling user-owned data, empowering users to selectively disclose their on-chain activities. Leveraging zk-SNARKs and ECDSA, they empower users to precisely curate the information they wish to share regarding their asset holdings and transactions, all while maintaining seamless interoperability with the Ethereum dApps and liquidity.

Data Ownership Protocol has launched a testnet and has confirmed to do an airdrop to the testnet participants. Sign up, create your DOP wallet and complete the testnet steps to be eligible for the airdrop. Also, refer your friends and get 20% of their reward. Read more...

[trading-clear-view]

Modefi coin airdrop guide

Modefi’s main objective is developing Oracle blockchain solutions that empower true decentralization of data on-chain for integration via Smart Contracts. Modefi’s suite of Oracle solutions will provide higher level transparency, precise data, and a fully trustless ecosystem.

Oracle manipulation has been one of the biggest culprits when it comes to contracts and DeFi hacks. Protocols are exposing their users to potentially massive risks when relying on centralized or single data point oracles within their eco-systems.

Modefi’s Oracle Solution Suite will allow DeFi protocols to reduce the potential of putting their users’ hard earned capital at risk due to unforeseen circumstances.

Mode is an Ethereum layer-2 blockchain designed for hyper-growth. Mode is built using Optimism’s OP Stack which enables rapid application development and deployment of EVM-compatible applications. The goal of Mode is to empower developers and users to grow an ecosystem of world-class applications and be directly rewarded for their contribution to the ecosystem through referral and contract-secured revenue.

Mode is airdropping 550,000,000 MODE to early airdrop participants.

Sign up for the airdrop, connect your wallet and bridge tokens Mode to collect points. Also refer your friends to earn more points. Points will be converted to MODE at token launch.

[trading-clear-view]

Top 3 hidden gems in crypto

1.Polygon Matic

My first choice is a long-time favorite at tradingclearview. It’s Polygon and his MATIC token. I chose Polygon because Polygon 2.0 is coming soon.

This will make some changes to your current settings. It will be multi-chain and will come with a new token, POL.

So let’s start with the new POL token. We will be performing live from the end of October 2023.

2.Pyth Network

is an oracle. The name oracle comes from the Latin word ‘orare’. This means ‘to speak’. That’s what the old Greek oracles did, back in the day.

These were women, chosen by gods. You could ask them a question, and when they would speak, they answered a God. 

3.Mars4

Mars4 is a term that refers to two different things. First, it is a Soviet spacecraft launched in 1973 as part of the Mars program to explore Mars, but it encountered computer problems that prevented it from entering orbit around Mars in 1974. 

Second, Mars4 is a cryptocurrency token called MARS4, which is used as an in-game currency for building, expanding, and creating colonies on Mars in a virtual world called Mars4. Read more...

[trading-clear-view]

Bitcoin Advisor says Ripple cannot win the battle with the SEC

According to Max Keiser, an advisor on Bitcoin to President Nayib Bukele of El Salvador, Ripple and XRP will not win their legal battle against the SEC, as the fight “was never about the law”

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has garnered significant attention within the cryptocurrency industry. Recently, a Bitcoin advisor made a statement suggesting that Ripple may face challenges in prevailing over the SEC in this legal dispute.

It’s essential to consider multiple perspectives when evaluating this situation. ​Ripple is contending with allegations from the SEC regarding the sale of XRP as an unregistered security. The outcome of this case could have far-reaching implications for the cryptocurrency landscape and regulatory frameworks governing digital assets.

Given the complexity and significance of the matter, it’s crucial for both Ripple and the SEC to engage in a thorough and fair legal process. The ultimate resolution will not only impact Ripple and its XRP cryptocurrency but also influence regulatory clarity for the broader cryptocurrency market.

[trading-clear-view]

Google’s Crypto Advertising Policy Refresh: What You Need to Know

Google has updated its Cryptocurrencies and related products policy in September 2023 to clarify the scope and requirements for the advertisement of cryptocurrency-related businesses and services.

 Advertisers offering Cryptocurrency Exchanges and Wallets targeting France, Germany, South Korea, and the Philippines may advertise those products and services when they meet the following requirements and are certified by Google.

Advertisers offering Cryptocurrency Exchanges targeting the United Arab Emirates, Hong Kong, and Thailand may also advertise those products and services when they meet the following requirements and are certified by Google. The updated policy permits NFT games, but titles that offer wagering or staking require a gambling certification.

Google Revises Ad Policy to Permit NFT Ads with Restrictions

Search engine giant Google has made changes to its advertising policy concerning cryptocurrencies and non-fungible tokens (NFTs). It now permits ads related to blockchain-based NFTs, provided they meet certain criteria and do not promote gambling-related content.

Advertisers offering NFT games are allowed to promote in-game items like virtual clothing, weapons, or armor, starting from September 15, 2023. Read more...

[trading-clear-view]

Exploring DeFi Coins: What Every Investor Should Know

ecentralized Finance, or DeFi for short, has emerged as one of the most exciting and transformative trends in the cryptocurrency and blockchain space. DeFi refers to a wide range of financial services and applications built on blockchain technology, primarily the Ethereum network, which seeks to decentralize and democratize traditional financial systems.

At the heart of the Decentralized Finance ecosystem are cryptocurrencies designed to serve various purposes within decentralized applications (dApps) and smart contracts. These cryptocurrencies are often referred to as “DeFi coins” and play a crucial role in enabling the functionalities and services offered by DeFi platforms. In this comprehensive note, we will delve deep into the world of DeFi coins, exploring their characteristics, use cases, challenges, and the broader impact of Decentralized Finance on the financial industry.

Understanding DeFi Coins

DeFi coins are digital assets that power and facilitate various functions within the Decentralized Finance ecosystem. These coins are typically built on blockchain platforms like Ethereum and are governed by smart contracts, which are self-executing agreements with the terms of the contract directly written into code. Smart contracts enable the automation of financial transactions and services, reducing the need for intermediaries like banks and traditional financial institutions. Read more...

[trading-clear-view]

From Regulation to Acceptance: Top Nations Where Bitcoin Is Legal

Bitcoin, the pioneering cryptocurrency introduced by the pseudonymous Satoshi Nakamoto in 2009, has come a long way. Initially regarded with skepticism, it has now gained acceptance and legitimacy in many countries around the world. While some nations have embraced it wholeheartedly, others remain cautious or have imposed strict regulations. In this article, we will explore the top countries where Bitcoin is currently legal and thriving.

United States The United States has played a significant role in Bitcoin’s development and acceptance. It recognizes Bitcoin as a legal form of digital currency, subject to taxation. The Internal Revenue Service (IRS) categorizes Bitcoin as property, imposing capital gains tax on profits made from its sale or exchange.

Several states, such as Wyoming and New York, have introduced cryptocurrency-friendly regulations to attract blockchain businesses. This legal framework has fostered the growth of cryptocurrency exchanges and blockchain startups. Read more...

[trading-clear-view]

Cryptocurrency Giant Binance Faces Historic more then $4 Billion Penalty, CZ Resigns

The CZ CEO of Binance, which is the world’s largest cryptocurrency exchange, will step down. This decision comes after the company admitted on Tuesday to breaking the law, including the Bank Secrecy Act, which is a rule against money laundering.

Binance has to pay more than $4.3 billion to settle these charges, and this is the biggest penalty the Treasury Department has ever imposed. The U.S. Treasury Secretary, Janet Yellen, stated that Binance consistently and seriously violated U.S. laws against money laundering and sanctions.

Changpeng Zhao, the CEO, also admitted to not having an effective system to prevent money laundering and will resign from his role. He agreed to a $50 million fine as part of the settlement.

In a post, CZ confirmed he’s leaving as CEO, acknowledged his mistakes, and said Richard Teng, Binance’s head of regional markets, will take over as CEO. Zhao will still be a shareholder and can advise the company. He emphasized that there were no allegations about misusing customer funds or manipulating the market. Read more...

[trading-clear-view]

HashKey Exchange Emerges as Premier Licensed Retail Crypto Platform in Hong Kong

HashKey Exchange proudly announces the official enhancement of its Type 1 and Type 7 licenses, marking a historic achievement as the premier licensed virtual asset exchange catering to retail users in Hong Kong. This transformative development signals a paradigm shift in the cryptocurrency landscape of the region.

License Evolution and Market Reach

Having initially secured Type 1 and Type 7 licenses, HashKey Exchange seamlessly navigated a streamlined process to elevate its licensing status. This strategic move empowers the platform to extend its spectrum of services beyond professional investors, now catering to the burgeoning retail market. This addresses a critical market demand for a licensed platform that provides a secure and user-friendly avenue for the acquisition and storage of cryptocurrencies.

Livio Weng, the COO of HashKey Group, affirmed, “With the establishment of licensed trading platforms and the further clarity of regulatory frameworks in Hong Kong, the industry as a whole will witness increased transparency, leading to a significant boost in investor confidence.” Read more...

[trading-clear-view]

Genesis Global Seeks Approval to Trim Settlement with Bankrupt 3AC

Digital Currency Group’s (DCG) subsidiary, Genesis Global, is seeking approval from the US court to amend its settlement agreement with the bankrupt Three Arrows Capital Ltd (3AC).

In a filing on November 9 with the US bankruptcy court of the Southern District of New York, Genesis proposed that 3AC debtors accept a general unsecured claim of $33 million, representing 3.3% of the $1 billion total loss incurred by the defunct crypto hedge fund in 2022.

If approved, both parties would mutually release themselves from further liabilities stemming from their two-year relationship. Genesis argued that 3AC was one of its largest borrowers between 2020 and 2022 and that the $1 billion debt was the largest claim in the Chapter 11 cases associated with the collapse of the FTX cryptocurrency exchange.

The impact of the proposed settlement extends to all debtors with claims to Avalanche’s AVAX and Near Protocol’s NEAR tokens, requiring them to forfeit these claims to settle 3AC’s debts.

Genesis plans a pro-rata distribution of funds, with payment in cash or another method chosen by 3AC debtors. The motion also addressed the ongoing claims settlement with Gemini exchange, emphasizing that these claims are part of its Genesis Bankruptcy Proceeding. Creditors, including Gemini, have until November 24 to file objections, with the courts set to consider the motion by November 30. Read more...