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Apple Apple has announced a presentation date. Apple will showcase the next generation of iPhones and other gadgets at its traditional September launch on September 14th. This year is expected to show four new iPhone 13 models, third-generation AirPods, updated iPad and iPad mini, and the announcement of the Apple Watch Series 7. Most likely, the event will also reveal the exact release date of the new iOS 15 and macOS Monterey. Technically, AAPL moves in the uptrend channel. Besides, there are a volume decrease and an ascending wedge formation. Many indicators show the bearish divergence at the moment. Best regards, EXCAVO
NASDAQ:AAPL
by EXCAVO
2
The Bitcoin outlook for the next 4-5 yearsLet's start with the fact I started making forecasts on TradingView a long time ago. Quite quickly (in a year and a half), I became the TOP-1 in the TradingView authors' ranking. This rating was removed in yearly 2021. They promised to do something more interesting. We've been waiting for a half year. The details are in this article: www.tradingview.com This chart that you are looking at, I hope it will be the most legendary chart I have ever made. You've seen a lot of logarithmic charts like this one: It is something different. This is the Bitcoin outlook for the next 4-5 years. For now, I remain number one on this platform, with the most reputations and subscribers. I'm here for the long haul and will continue to do top-quality analytics. So please subscribe. I'm the kind of person who remembers the built-in Bitcoin donations on the TradingView platform. The fundamental reasons for growth: - Limited issuance (some of which is lost); - Taking a large portion of Bitcoin out of circulation (huge demand - no supply = growth); - Acceptance of Bitcoin at the state levels; - Accumulation of a large portion of Bitcoins in the large fund's hands (Bitcoin is a very interesting asset for them); - Continuous dollar issuance (a variant of the fact that it's not bitcoin that's growing, but the dollar that's depreciating); Feel free to write other factors of the crypto market growth in the comments section. I can't write my thoughts in this post about the creator of Bitcoin, its purposes. TradingView has moderation, and this information won't pass it:) In the plans of changing the current financial system of the world: the Bitcoin price raising to the goals, I have shown in this chart. Best regards EXCAVO
BNC:BLXLong
by EXCAVO
69
Bitcoin The maturation cycle has four stages of an asset’s life. Stage 1: Basing Area (Consolidation) S1 is when nothing noteworthy is happening. It can last for an extended period, from months to years, and is caused by a poor overall market environment. Stage 2: Advancing Phase (Accumulation) The transition from S1 to S2 may begin with little or no warning. There are no major announcements or news. However, one thing is certain: a proper S2 will show significant volume as the asset is in strong demand on big up days, and volume will be relatively light during pullbacks. Stage 3: Top Area (Distribution) During S3, the asset is no longer under extreme accumulation. Instead, it is changing hands from strong buyers to weaker ones. Smart money that was bought early when the asset emerged onto the scene is now taking profits, selling into final signs of price strength. As that occurs, buyers on the other side of the transaction are weaker players who know about the asset because it has made such a dramatic run and captured headlines. In other words, the long trade in the asset has become crowded and too obvious. Stage 4: Declining Phase (Capitulation) During S4, earnings models are generally revised downward, which puts more selling pressure on the asset. The S4 selling phase may continue for an extended period until it's finally exhausted, and the asset enters another period of neglect. There are more down days and weeks on above-average volume than up days and up weeks on above-average volume. What should be expected at Stage 4? A Bear Trap may occur that leads to continuing declining phase up to the consolidation area. Another option, after approximately 50% of the asset correction - a new growth cycle will begin, updating the previous high. These are two book scenarios. What scenario do you expect? Write in the comments below! Best regards, EXCAVO
by EXCAVO
53
Universal Market Access (UMA) Universal Market Access (UMA) - A fast, flexible, and secure way to create synthetic assets UMA, is a protocol for the creation of synthetic assets based on the Ethereum (ETH) blockchain. Synthetic assets are a class of assets that represent different, underlying assets and have the same value. UMA specifically enables its users to design and create self-executing, self-enforcing financial contracts secured by economic incentives. Overview ⦁ UMA was co-founded by Hart Lambur and Allison Lu. Lambur is also the CEO and co-founder of Risk Labs, the company in charge of developing the Universal Market Access protocol. He has also founded and headed Openfolio, a personal finance tracking platform which he sold to Stone Ridge Asset Management in 2017. Lu worked as the VP of credit & risk analysis at the financial services mobile app Tala. She was also an advisor at One Daijo, an Ethereum-based peer-to-peer lending platform. ⦁ The Risk Labs Foundation initially created 100M UMA tokens. The token distribution is as follows: ⦁ Risk Labs Foundation deposited 2,000,000 UMA tokens into a Uniswap liquidity pool ⦁ 35,000,000 tokens will be distributed to developers and UMA users. The mechanics of this distribution have not been finalized. ⦁ 15,000,000 tokens were allocated to investors ⦁ 33,500,000 are held by Risk Lab’s Founders and early contributors. All individual token grants are subject to a 4-year vesting schedule ⦁ 14,500,000 are reserved for future token sales ⦁ Governance: Users can earn inflationary rewards by participating in governance ⦁ Disputes: Tokens are used to properly incentivize price requests during disputes Burns: All financial contracts using UMA pay a tax that’s used to buy and then burn the token, driving value to UMA and scaling economic guarantees as protocol activity increases ⦁ UMA is traded on multiple markets, including Coinbase PRO that allows all U.S. based residents to legally obtain this coin. This gives institutional investors a direct access to UMA. ⦁ Grayscale have registered a trust on UMA, but have not opened it yet. Details: UMA stands for Universal Market Access. UMA is driven by a shared belief that financial markets should be free, open, and fair. The economic freedom created by a free and open market enables everyone equal opportunity to pursue prosperity and build financial independence. UMA's goal is to enable anyone to attain or transfer any form of risk seamlessly and securely through UMA protocol to empower everyone to participate in a universally accessible financial system. docs.umaproject.org Unique technologies: UMA is open-source infrastructure for deploying and enforcing synthetic assets on Ethereum. UMA enables developers to quickly and easily build synthetic tokens that track the price of anything. UMA enables developers to create synthetic assets via two core components: ⦁ Priceless financial contract templates docs.umaproject.org ⦁ Decentralized Oracle Service docs.umaproject.org Together, these two components enable the creation of fast, efficient, and secure synthetic derivatives on the Ethereum blockchain. How UMA Works: docs.umaproject.org UMA offers priceless financial contracts. Priceless financial contracts are smart contracts that only require an on-chain price feed in the event of a dispute. Economic guarantees and network incentives ensure network actors will act honestly most of the time, but in the event of a malicious actor or an ad hoc market event, a dispute can be raised to call UMA’s dispute resolution system known as the Data Verification Mechanism (DVM). There are five main network actors on UMA ⦁ Token sponsors ⦁ Liquidators ⦁ Disputers ⦁ Data Verification Mechanism (DVM) ⦁ UMA Tokenholders From coinmarketcap: Total value locked $198,317,787 Total supply: 102,089,750 UMA Max: 101,172,570 UMA Circulating Supply: 60,078,660 UMA (59%) Exchanges: Coinbase Pro, Binance, Bitstamp, Poloniex, Gemini, Bittrex, Uniswap, Sushiswap, Balancer, How synthetic assets are secured on UMA Token sponsors are individuals who lock collateral in a smart contract to mint synthetic tokens. Token sponsors are responsible for making sure their positions always remain overcollateralized or else their positions will get liquidated. The value of the collateral in the smart contract is continually monitored off-chain by a robust network of Liquidators. Liquidators continuously monitor if a position is properly collateralized by referencing off-chain price feeds. Liquidations can be configured to automatically search for positions to liquidate (through Liquidation Bots) or manually by anyone holding the synthetic asset and collateral currency of the position they are liquidating. Liquidators are incentivized with rewards to identify and liquidate undercollateralized positions. If a position is liquidated by a liquidator bot there will be a 2-hour delay before the liquidation is finalized. During the 2-hour delay, Disputers are incentivized to monitor contracts using UMA’s priceless financial contracts. Similar to Liquidators, Disputers can be in the form of a Dispute Bot or executed manually. Disputers reference their own off-chain price feeds to determine if a liquidation was valid or invalid. If invalid, the dispute bot will dispute the liquidation which will call UMA’s oracle known as the Data Verification Mechanism (DVM). The liquidated position will be pending until it is resolved by the DVM (48 hours later). Contracts that wish to receive a price faster than 48 hours can use UMA's Optimistic Oracle. The DVM will resolve the dispute by proposing a vote to UMA Tokenholders to obtain the price of the asset at a given timestamp. UMA Tokenholders will reference off-chain price feeds to report price information to the DVM. The DVM will aggregate UMA tokenholder votes and report the price of the asset on-chain. If the Disputer was correct, the DVM will reward the Disputer and the Token Sponsor of the effected position. If the Liquidator was correct the DVM will reward the Liquidator, penalize the Disputer, and the Token Sponsor will lose the funds in their position. Best regards EXCAVO
Long
by EXCAVO
3
NASDAQ 100COVID cases continue to spike higher darkening economic reopening. The consumer data shockingly has collapsed recently - including consumer confidence last Friday and retail sales. Several stocks have also stopped reacting positively to good earnings. The inflation reports remain hot, and Federal Reserve taper talk is everywhere. Technically, the NASDAQ index moves in the uptrend channel. Many indicators show the bearish divergence at the moment. The main support level is about 14K, and the key resistance is $15150. Best regards, EXCAVO
OANDA:NAS100USDShort
by EXCAVO
10