Educational Post:

What Is Decentraland (MANA)?

Decentraland is a virtual world and community based on blockchain technology. Users develop and own plots of land, artwork, and Non-Fungible Tokens (NFT). Members also participate in the platform’s Decentralized Autonomous Organization (DAO). 

As a DAO, Decentraland gives its community the power to participate in the project’s governance. Decentraland’s native cryptocurrency, MANA, and all in-game assets are on the Ethereum blockchain.

How does Decentraland work?

Decentraland is an online space combining virtual reality with blockchain technology. Unlike most online games, players have direct control over the rules of the online world. The DAO allows token holders to vote directly on in-game and organizational policies. This mechanism affects everything, from the types of items allowed to investments for the DAO’s treasury.

To take part in the DAO’s governance, users convert their MANA into wrapped MANA (wMANA) and lock it in the DAO. Each wMANA represents one vote in governance proposals. You can get MANA on exchanges or by selling collectible items on the Decentraland Marketplace. The DAO also has its own MANA treasury to fund its decisions and operations.

LAND is a non-fungible token that represents the plots of land owned by players in the community. Similar to MANA, it also provides voting power as part of Decentraland’s governance protocol. 

However, LAND doesn’t need to be locked up in the DAO and provides two thousand votes per LAND token. Players with numerous plots can tie them together into a single Estate token, with voting power equal to the plots contained.

GTO/BTC
Gifto is one of the first application tokens unveiled in 2017. Launched on Binance launchpad, it has since released many innovations, including the largest crypto wallet for mass market use, the highest active user blockchain game, and other mass consumer applications.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 119-150-195-245 satoshi

GTO/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $0.02868-0.03275-0.03895-0.04575

SL: $0.02245

GTO/BTC massive breakout confirmed after hunting stops by liquidity wick, GTO is about to go wild get in now😊

HARD/BTC
The HARD token is the native governance token of Kava Lend. All HARD tokens distributed as rewards are locked by a smart contract.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 1281-1475-1855-2100 satoshi

HARD/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $0.3033-0.3475-0.3895-0.4465

SL: $0.2376

BNB was rejected again from the major resistance level. We might see a test of the $295-$300 support level in the coming days. We are looking for new buys only after the breakout above the resistance level or near the support zone.

HARD/BTC massive breakout of falling wedge after grabbing liquidity, now it's ready to pump hard 🚀

APE analysis:

APE has rejected from the resistance level of the $7.30-$7.60 area. The local support is $6.40-$6.50 area and we will see a test of this zone. The major support is $5.20-$5.50 area. Wait for a test of support area for new long positions.

As expected Bitcoin is slowly moving in an upward direction. Global markets also show good upward movement this week. We will see some sideways movement on weekend and Monday opening for global markets will decide the next move. The market is bullish as long as it holds above the support level.

ETH is able to hold above the resistance area and now testing the major resistance $2000 level. We bought ETH near the $1000 level and are holding. So far that is 100% profit, you can increase your stop loss to the $1700 level and hold this trade. ETH 2.0 merge is coming and this is the reason for the ETH rally. We will see some profit booking near the merge date.

Educational Post:

What is Binance Earn?

Binance Earn is a complete suite of financial products you can use to increase your crypto holdings. You can think of it as your crypto savings account. 

Let’s go through the main categories of Binance Earn so you can figure out which suits your investment style the best.

Flexible Savings

Flexible savings lets you earn interest on your funds. It’s really easy to use and gives you good flexibility. You can deposit your funds, earn interest, and redeem them at any time.

So, if you’re holding some money in your Spot Wallet, you can consider deposit it into a Flexible Savings account. Since you can access it any time, it’s easy to make those funds work for you while they’re not being used elsewhere.

Note that the interest will not be calculated on the day you subscribe to a Flexible Savings product. Instead, the first interest payment is calculated from the next day after your subnoscription.

Locked Savings

Locked Savings offer you better returns but less flexibility to access your funds. The difference here is that you’ll set a predetermined duration for your funds to accrue interest. Why is this better? Well, this will give you generally higher interest rates than Flexible Savings products since the term and interest rate are both fixed.

Locked Savings products can range from 7 to 90 days. So, if you know you won’t need some funds elsewhere for a certain period of time, you can lock them to earn at a higher interest rate. 

ETC analysis:

ETC is pumping because of the ETH merge as ETH miners will shift to ETC mining. The next resistance is the $48-$50 area. The local support is $41.50-$42.80 area and major support is $34-$35.50 area. Try to catch ETC near support level with tight stop loss.

Bitcoin is slowly moving up and holding above the $24,000 area. BTC need to break the resistance line to gain some momentum. We will see some moves on Monday.

#Glassnode Data

The Bitcoin  URPD shows +530K BTC (3.18% of supply) changed hands around the $22,400 price region.

This area is now the largest volume node, showing investor interest around key on-chain cost basis:
- Realized Price: $21,773
- LTH Realized Price: $22,722

XRP is moving up slowly from the support zone. If you opened long positions then increase your stop loss to breakeven price. The next resistance is the $0.40 area and a break above this is bullish.

ZIL is now testing the resistance zone. If ZIL is able to break and hold above the $0.48 level then we see an upward rally towards the $0.58-$0.61 area. Wait for a clear breakout for new entries. A rejection from here will send ZIL towards the support level.

EOS analysis:

EOS has rejected the resistance of the $1.40-$1.43 area. The support is $1.20-$1.22 area and we will see a test of this zone. You can place buy orders in this zone. This is no trade for EOS.

Bitcoin is trying to break the resistance line. A break above this resistance line will send us towards a $27,000 resistance level. There is not much resistance on the way. A break below $24,000 will bring some downtrend momentum towards the $22,500 support level. The overall market is bullish and good for new trades.

OP Analysis:

OP is taking support at the $1.36-$1.40 area and the downtrend line works as resistance. If OP is able to break and hold above $1.50 then we see a move towards the $1.66-$1.70 resistance area. If the support is broken then we see a dump towards the $1 area.

There is a new type of scam is going on in market. The scammers provide you the private key/seed phase of the wallet and ask for help. There is funds in the wallet and many of you will think that you can withdraw the funds. You need to transfer small amount of ETH (to cover the fees).

The scammers use smart contracts that will transfer all the ETH (you sent to cover the fee) to other address instantly. Every time you send ETH to this address the smart contract activated.

Don’t transfer any funds to these addresses and save your money.