Request Analysis❗️ MINA continues in a downtrend in the 4-hour time frame. The low peak that made the last bottom is at 0.5315$ . The confirmation that it has passed into a bullish structure in the 4-hour time frame is realized with the 4-hour candle closing above this price. The price made a mitigation movement and formed the AB = CD formation. The price turned back from the fib level of 0.618, which is the target of this formation. RSI gave positive divergence before the last rise of the price. With the break of 0.5315$ , it may be considered appropriate to look at the pullbacks in the direction of buying. Our analyzes are not investment advice. These are our personal opinions.
Ripple’s $1.25 billion acquisition of Hidden Road is a significant step in the integration of the crypto sector with traditional finance.
By increasing institutional usage of RLUSD and XRPL, Ripple aims to increase the value of both XRP and its own ecosystem.
Who is Hidden Road?
Hidden Road is a rapidly growing prime broker founded in 2018. It provides services across multiple asset classes, including foreign exchange (FX), digital assets, derivatives, swaps, and fixed income securities.
The company has over 300 institutional clients and processes over $3 trillion in annual trading volume.
Acquisition Price and Structure: The acquisition is valued at $1.25 billion and is predominantly cash-based. In addition, a portion of #XRP and #Ripple shares were used as payment
Binance TR will list $SIGN on the TRY pair on Monday, April 28th at 14:00.
Firstly, be cautious of different contracts and fake accounts.
There are many fraud cases related to pre-sales and similar scams before the listing.
If your account has completed KYC (identity verification) before trading, deposit and withdrawal operations will also be opened simultaneously.
So, what is Sign?
Sign brings the concept of "single identity" to life in the Web3 world. Wallets, social media accounts, profiles on different networks... it combines them all to create a decentralized and secure identity network.
Login processes, identity verification, and interactions between platforms can be performed through the Sign network. In other words, they aim to end the era of "separate login for each platform."
The use of the token is also directly within this structure: Verification fees, in-network transactions, and in the future, it will play a role in governance. The ecosystem is still at an early stage.
With the listing, it will become a bit more visible, and it is beneficial to keep track of its development.
The MVRV Z-Score is a Bitcoin chart that uses blockchain analysis to identify periods when #Bitcoin is overvalued or undervalued compared to its ‘real value’.
It is a system that uses three indicators:
1. Market Cap (blue line): This is the current price of Bitcoin multiplied by the number of coins in circulation. This is similar to market cap in traditional markets, which is the stock price multiplied by the number of shares.
2. Realized Cap (orange line): The realized cap does not use the current price of Bitcoin, but instead uses the price of the last movement of each Bitcoin, the price when it was last sent from one wallet to another. These prices are added together and averaged, then multiplied by the number of coins in circulation.
By doing this, it removes market sentiment from the market cap indicator
3. Z-Score (red line): The standard deviation test separates outliers between market cap and real value.
Historically, the MVRV Z-Score has been quite effective in identifying periods when market cap exceeds real value. These periods are highlighted by the z-score (red line) entering the pink box, indicating the peak of the market cycle.
In each cycle, the market has been able to reach its peak within two weeks.
Also, when the market value is far below the real value, it is highlighted by the z-score entering the green box.
Buying Bitcoin during these periods has historically yielded great returns.
Let's focus on the chart, we are in the middle area
(%3.27 Total Supply) $23.21 Million (%5.27 Market Value) 🔵 Total Amount to be Locked: RON 629.14M 💰 Estimated Value: ~ 446.94 Million $ 🔓 Total Unlocked So Far: %62.9
What Do the Movements in Stablecoin Exchanges Indicate? (February-April 2025)
Stablecoins are the cornerstones of the #crypto market.
In February, the stablecoins entering and exiting exchanges reached a record level (±35B)! Investors are moving quickly, and the market is quite active.
In March, the amount of stablecoins on exchanges reached 67.5 billion.
This indicates that investors making transactions have confidence in the market.
In April, exits are increasing, and the amount drops to 61 billion. Investors are cautious; they are either taking profits or avoiding risk.
What Should Be Done?
This data serves as a guide to understand changes in the market. By tracking stablecoin movements, you can stay one step ahead!