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Alta has raised a Series A led by Index Ventures to build settlement rails for regulated financial institutions.
The company is aiming at the roughly $4 trillion tied up in prefunded accounts globally, with a design built on recursive zero-knowledge cryptography.
The full breakdown ⬇️
Full story:
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Altcoin dominance 2M MACD bullish cross is very close
Last one happened in 2021, which led to a correction and then a massive rally
Altcoin MCap failed to hold its support zone
Not something we wanted, as it could punish weak alts.
Altcoin MCap breakout and retest have happened
I think some consolidation and a rally could happen next
Although the BTC based on SHA256 is more valuable, in the long run it is doomed to fail. However, I know who is more decentralized. So Blake2b BTC is definitely superior.
#XBT#
#BTC#
#Bitcoin#
#BitcoinCore#
#BTCB2#
#BitcoinKnots#
#SHA256#
#Blake2b#
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Altcoins vs. BTC look very different from the rest of the markets
When BTC goes down during a global selloff, you expect alts to drop more
But right now, the exact opposite is happening
It looks like altcoins have reached the sellers exhaustion zone
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Altcoin MCap seems to have entered the re accumulation phase
You have time to accumulate your favourite alts
Altogether now
Altcoin MCap is breaking out of its downtrend
You're not bullish enough
Alt/BTC looks very similar to early September
We know what's coming next
