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$CRWD: Relative outperformance compared to its peersCybersecurity is one of our favorite themes. This is known to all who have been following this blog space. We have been bullish on the tech sector AMEX:XLK and specifically in the sub sectors within the tech sector. Cybersecurity is one of them. Within Cybersecurity we have some stocks which have outperformed the rest of its peers. One such name is Crowdstrike. NASDAQ:CRWD after suffering a 50% correction last year outage which took its price to 200 $ has recovered the loss and has recovered all the losses and then some. The stock is up almost 140% from its lows. An outperformer in an outperforming sector. In the chart we also look at the ratio between NASDAQ:CRWD to $HACK. The ATH for the ratio chart was 6. Currently we are @ 5.6 in the ratio chart. The price chart of NASDAQ:CRWD alone looks bullish. If we plot the Fib retracement level just before the 2024 downturn then the next level in the price chart is 520 $. My price target is 520 $ before we can target 700 $ in the medium term. Verdict : Go Long NASDAQ:CRWD for medium to long term. 520 $ first then 700 $.
NASDAQ:CRWDLong
by RabishankarBiswal
$SMH vs $HACK: Recent good correlation with breakout potentialMany market watchers will say that Semis are the most important stocks in the market. Semis are great from a market direction perspective. They are the best to indicate a downturn and the fastest to recover during a bull run. In this blog we have appreciated the relative resilience of the Cybersecurity stocks during the recent bear market. The cybersecurity ETF AMEX:HACK fell only 25 % during the 2025 bear market. NASDAQ:SMH fell almost 40% and NASDAQ:SMH / AMEX:HACK fell 35% which indicated the relative underperformance of Semis vs Cybersecurity in April. But form the lows of ‘Liberation Day’ NASDAQ:SMH and AMEX:HACK are trading with perfect correlation. But the question comes will NASDAQ:SMH claim the leadership and outperform AMEX:HACK if this bull market continues. In the last 2024 Bull market NASDAQ:SMH significantly outperformed the $HACK. We are probably in the early days of this breakout outperformance. So. In my opinion in the near term NASDAQ:SMH outperforms $HACK. The ratio is at 96%. The ratio might touch the previous cycle highs of 160% if the momentum continues. Verdict: NASDAQ:SMH outperforms AMEX:HACK in near term. Buy NASDAQ:SMH ; Hold AMEX:HACK
AMEX:HACKLong
by RabishankarBiswal
$CRWD : Exceptional performance. Next stop 500 $. Very few stocks can claim the performance and resiliency of Crowdstrike. NASDAQ:CRWD not only resisted the recent downturn in the volatile markets but also is above it previous multi cycle highs. The stock was @ 400 $ when the major global outage happened, and the stock touched the lows of 200 $ before it had a massive bull run from the lows of 200 $. Before the major ‘Liberation Day’ volatility the stock touched an all time high of 450 $. Since then, the stock has reversed almost all its losses. This can not be said about many stocks in the market. Even within the Tech sector the subsector Cybersecurity showed a great deal of resilience in the recent market turmoil. In this space we discussed the relative performance of AMEX:HACK vs SMH multiple times. But within the Cybersecurity subsector there are stocks like NASDAQ:CRWD which are trying to reclaim the ATH. Very few stocks in the Tech sector are at or near their ATH. At 430 $ NASDAQ:CRWD is just 5% away its ATH. The RSI is still not in overbought condition which is hovering at 60s. Next stops are 450 $ and then the 1.61 Fib retracement level which magically lies at 500 $. Verdict : Stay long $CRWD. Next target 500 $.
NASDAQ:CRWDLong
by RabishankarBiswal
2
$HACK and $SMH : The road to outperformanceHere in this space, we regularly check on the 2 subsectors i.e. Semis and Cybersecurity within the broader Tech sector. NASDAQ:SMH and AMEX:HACK have always outperformed the broader Tech sector ETF $XLK. During the last couple of quarters, we have seen the Cybersecurity sector has shown relative outperformance in comparison to the Semiconductor subsector within the technology index. When the NASDAQ:SMH lost more than 37% of its value during the recent downturn, while AMEX:HACK only lost 25% of its value. IN this blog space we have time and again focused on the topic of intrasector rotation. On 15th April I told you guys that the ratio chart of NASDAQ:SMH / AMEX:HACK looks overdone, and we might be set up for a reversal. With both the sectors off of their local lows we can see that there is potential upside in both the sectors. But the question comes which one will outperform the other and if both of then outperform the broader index $XLK. As I opined on 15th of April NASDAQ:SMH looks to have a higher BETA from its lows in comparison to $HACK. In the last downturns we have seen from its lows of 2022 NASDAQ:SMH 3Xed its price and AMEX:HACK 2X in the same time period. So, if you are looking for relative outperformance in the near to medium term then we should rather LONG NASDAQ:SMH over $HACK. And both NASDAQ:SMH and AMEX:HACK will outperform the AMEX:XLK in the near to long term. Verdict : Long NASDAQ:SMH and $HACK. Overweight $SMH. Sell $XLK.
AMEX:HACKLong
by RabishankarBiswal
$SMH vs $HACK Ratio Chart: Intra Tech sector rotation NASDAQ:SMH with closing @ 180 $ on 04 April 2025 is equivalent to drawdown we saw during COVID crash. During the covid crash the semiconductor ETF lost 37% and this tariff crash we also saw 36% drawdown. But in contrast to that the current tariff environment has only a peak drawdown of 25% in $HACK. AMEX:HACK is the ETF of the largest Cybersecurity in the market. Within the Technological sector there is a intra sector rotation form Semi and Software to Cybersecurity. This weakness in NASDAQ:SMH can be attributed to heavy weights like NASDAQ:NVDA and NASDAQ:AVGO which have been down more than 40% form their ATH. But in contrast NASDAQ:CRWD , NASDAQ:PANW and other cybersecurity stocks have shown great amount of strength. In this ratio chart we discussed earlier in this blog that there is a head and shoulder pattern forming indicated in the blue but then the drawdown in SMH pushed it below the neckline and we went below 3.15. The next level in the ratio chart is 2.71 to which we are very close. From the peak the ratio is down almost 40% which is the same as the drawdown in $SMH. The RSI in the chart is also oversold @ 28. My expectation the second neckline will not be broken, and we will hold the 2.7 ratio. Verdict: Overweight NASDAQ:SMH over $HACK. Both are good long-term buys.
NASDAQ:SMHLong
by RabishankarBiswal
ETH | ByBit HACK causes MASSIVE SELL-OFFBybit got hit with a serious security breach. $1.4 billion was hacked in Ethereum, which is a huge amount of ETH. 2 Apparently the trouble started with their cold wallet, where they keep a lot of their crypto offline. The investigation points to the North Korean Lazarus Group as the likely culprits, and it seems the attack originated from some malicious code within their wallet provider, Safe Wallet. Currently there's a big push to track down the stolen funds, and Bybit's even offering a bounty, but it's unlikely the funds will be recovered. It's important to understand that this wasn't necessarily a fault of Bybit's own security, but rather a problem with the wallet provider they were using. Bybit has reassured users that withdrawals remain unaffected and other cold wallets are secure. While investigations into the incident continue, early speculation about Bybit buying back ETH to cover losses, which briefly boosted ETH's price, was dispelled by CEO Ben Zhou. He clarified that a bridge loan covered 80% of the stolen ETH, and there are no plans for spot market purchases. The hackers now holds a substantial amount of ETH across multiple wallets, raising concerns about potential drops should they decide to sell, but this may occur gradually over many months or even years (since they didn't buy it / it will not matter at what price it is sold). This hack coincides with ETHDenver, a major Ethereum event typically associated with bullish market conditions and optimism. But overall, the outlook for Ethereum isn't looking as bright as it usually would be and this may lead to a further sell-off once more people catch on. _________________ BINANCE:ETHUSDT
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by Crypto-Check-
$BTC bearish outlook: $2B selling pressure incomingI am bearish on CRYPTOCAP:BTC for the following reasons: 1️⃣ The $Bybit hack resulted in a loss of $1.4B worth of $ETH. To continue trading, Bybit is currently bridging liquidity with Binance. However, this is only a temporary solution. Eventually, they will need to buy back $1.4B in ETH, and the only reserve asset large enough to cover this is Bitcoin. I expect at least SEED_TVCODER77_ETHBTCDATA:1B of BTC to be sold on the market to acquire the necessary ETH. 2️⃣ The hackers are liquidating their $1.4B in stolen ETH. Since smart contract-based assets can be traced and frozen, their best option is to swap to CRYPTOCAP:BTC , which is harder to track and cannot be frozen. In total, Bitcoin faces a potential selling pressure of over SEED_TVCODER77_ETHBTCDATA:2B , which is enough to significantly impact its price. 📉 Given that Bitcoin is already in a consolidation phase, this pressure could push the price down to $93K or even $91K. 📊 Expect dead cat bounces, where traders can profit, but be cautious—this selling pressure is real. Bybit needs to resolve its liquidity issues quickly, and the hackers are racing to cash out ASAP. ⚠️ DYOR (Do Your Own Research).
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by CryptoNikkoid
23
$CRWD closing above 20 Day SMA $ and FIB Retracement levelsThe bellwether cybersecurity cos Crowdstrike had a very bad 2024 after the disastrous failed upgrade which caused major outages globally. Yesterday the stock closed at 408 $ which is at an ATH. Today in a week market it is still above the 20 Day SMA @ 362 $ and the 1.0 Fib retracement level @ 396 $. If these key support levels hold it is good idea to go long on $CRWD. In our Daily Dose of Chart : 07 Jan 2025 we spoke about a bullish Head and shoulders pattern. But this pattern is now invalidated. So, within the tech sector we are seeing intra sector rotation with NASDAQ:NVDA @ its 200 Day SMA support and NASDAQ:CRWD @ ATH. I think this weakness in Semis vs Cybersecurity will continue for some time. Please check out my post on 27th Jan for NASDAQ:NVDA trade idea.
NASDAQ:CRWDLong
by RabishankarBiswal
XRP: Chris Larsen Wallet Hack... or STAGED Dump?📉Hi Traders, Investors and Speculators of Charts📈 Yesterday, news came out that a huge XRP wallet has been hacked, stealing $112 million worth of XRP. According to information currently available, the hack was as a result of compromised security keys. It turned out to be the wallet of none other than tech-giant Chris Larsen, Ripple Co-founder. (suspicious already?🤔 let's dive in...) One of many strange incidents surrounding this hack is that it was discovered by a Twitter user and popular blockchain security expert ZachXBT. I imagined that one would notice if your personal accounting holding 9 digits of XRP worth $112 million got hacked, but apparently not. It took ZachXBT a public Twitter post to make the apparently unaware team at Ripple take action. This makes you wonder, if ZachXBT didn't pick it up... would this have gone unnoticed and been swept under the rug, or would Chris Larsen have come out and admitted it? I guess we'll never know. But with Ripple's dodgy actions in the past (ultimately leading to the SEC case), one can only guess. Not too long ago, Jed McCaleb finally sold off the last of his enormous amount of XRP which he had been dumping monthly for years. One Twitter user voiced a very valid concern; "are all Ripple execs holding 9 digits of xrp, is there something in place to prevent them from dumping all at once on the market?" It just seems like despite the markets best bullish trends, the constant overwhelming selling pressure is just too high for XRP to reach new highs. It's sad to see such a industry leader and once-promising project fall to new lows. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPUSDT.P
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by Crypto-Check-
7
XRP - Rainbow After The Storm 🌪🌈Hello TradingView Family / Fellow Traders, 📉 XRP has been overall bearish trading inside the falling channel in red. However it is currently hovering the lower bound of the channel and a strong support at 0.5. As long as the support 0.465 holds, we will be looking for short-term buy setups on lower timeframes. 📈 For the bulls to take over from a short-term perspective, we need a break above the last minor high at 0.55. 🏹 And then for the bulls remain in control and take over from a medium-term perspective, we need a break above the upper red trendline and last major high at 0.6. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
1
CRV : Time to LET GO of a Sinking DEX?Hi Traders, Investors and Speculators of Charts📈📉 One of the most important lessons you can learn in life is when it's time to let go. This holds true, even for crypto. A recent hack caused a significant amount of damage to Curve Finance. As we thought the price of CRVUSDT couldn't possibly go any lower... CRV, Curve's native token, plummeted and is now nearly falling off my screen. On July 30, Curve Finance was hacked for over $73 million worth of crypto. The hacker exploited a reentrancy vulnerability in Curve's code to drain liquidity from multiple pools. (For Nerds): A reentrancy vulnerability is a type of exploit that occurs when a function calls another function, and the second function calls back to the first function. This can create a situation where the first function can call itself infinitely, which can lead to a denial-of-service attack or a financial exploit. In the case of the Curve Finance hack, the hacker exploited a reentrancy vulnerability in the code for Curve's stablecoin swap function. The swap function allows users to swap one stablecoin for another. The hacker exploited the vulnerability by calling the swap function multiple times, each time withdrawing more liquidity from the pool. This caused the pool to become depleted, and the hacker was able to steal the remaining funds. Reentrancy vulnerabilities are often found in smart contracts. Smart contracts are often used to automate financial transactions, and they are therefore often targets for hackers. The anon hacker has since returned over $61 million worth of the stolen funds, but the remaining $12 million worth of funds is still missing. AS YOU GUYS ALL KNOW, If you've been following me for a while , as soon as I see a > -95% drop in a coin's value WITHOUT a quick recovery... I can't help but lose faith. It's an obvious sign that the demand is lacking, the project has no real interest from the market. I feel sorry for the team; they've been around for a while and it's a well-know project. This hack was really the last thing that they needed. BUT, it happened and unless they can come up with great new way to add value to CRV, I won't be holding any more CRV. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:CRV BINANCE:CRVUSDT BINANCE:CRVUSDT.P BINANCE:CRVUSDT.P
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by Crypto-Check-
43
Bitfinex's LEO Token: An Unconventional Investment OpportunityAs I made a case for FTT and have made a case for COIN and GBTC before, I want to keep sharing some unique charts and cases. Again, my FTT idea was banned (from a little mistake), so I just reposted it and want to continue with more special cases. By special cases, I mean stuff that looks weird, infeasible, or tricky, where sentiment is leaning against my case, while there could be a significant catalyst that helps the trade. In my previous ideas, I went deep on some of those, and in the idea below, I shared some extra ones, like LEO. For example, FTT had people very negative about FTX being bankrupt, yet FTX might be revived, boosting the token's price. COIN had everyone bearish due to the SEC lawsuit, yet it's pumping hard, as most of the news was priced in, and Coinbase might win against the SEC. GBTC had a massive discount as everyone was bearish and worried, yet an ETF is coming. So what about LEO? LEO is a token created by Bitfinex, an exchange token with some 'special' rights. Those rights are that if Bitfinex gets the 2016 hacked coins back, it will distribute 80% to LEO holders. The FBI caught the hackers 1-1.5 years ago and is sitting on those coins. I assume that it will eventually give Bitfinex the coins back. If they don't, LEO will crash, but if they do, LEO could easily do a 2-3x from here. As you can see in the chart above, if the price of LEOBTC goes up to the highs it reached when the FBI caught the hackers, that's a 150% increase. Is it reasonable? The current market cap of LEO, in BTC terms, is 120k BTC. The hacked coins were 120k BTC. 80% of that is 96k BTC will go into buying back LEO tokens, and the rest to the Bitfinex team and shareholders. I expect that Bitfinex will get a big boost from this. As Binance is in a bad state, Bitfinex could capitalize on this opportunity. They have been making tremendous progress on many fronts, and I believe that this could be a significant catalyst. Giving 3B back to LEO holders and Shareholders is massive. The publicity will be huge too. The main issue against my idea is that LEO is the second biggest exchange token, yet Bitfinex isn't in the top exchanges by real volume. That means that, to a large extent, LEO has the return of the coins priced in because its price would otherwise not be so high. In my opinion, there is a chance that they will give the coins back to Bitfinex holders, potentially before the launch of the ETF, to cause selling pressure on the Bitcoin price. As BTC faces selling pressure from several 'sides' (Mt.Gox, US gov, Bitfinex, Bankrupt companies), prominent players/whales may use that opportunity to scoop cheap coins before the ETF launch.
BITFINEX:LEOUSDLong
by BitcoinMacro
Crypto - UPtober or HACKtober 🤔Hi Traders, Investors and Speculators Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 October is notorious for upward price action on Bitcoin, earning the title UPtober about two years ago. However, a new trend has begun - HACKtober. During this year, we see an increase number of hacking across the months but October has been the month with the most hacks and the most liquidity stolen. After 4 hacks within the last 48 hours, October is now the month with the biggest hacking statistically, and there is another 15 days to go. According to Chainanalysis, $718 million is accounted for to be stolen from DeFi protocols across 11 different hacks. At this rate, 2022 will surpass 2021 as the biggest year for hacking on record. So far this year, over $3 Billion accounted for has been hacked across 125 hacks. During 2019, most hackers targeted exchanges. Now, the biggest targets are DeFi protocols. Cross-chain bridges remain a major target, with 3 breached tis month accounting for 82% of all losses this month and 64% of all losses this year. Let's discuss a few ways to minimize your risk when investing in this wild west market: 🖐 - Research the team. Perhaps the single most important success factor for any ICO or cryptocurrency is the developers and administrative team behind the project. The cryptocurrency space is dominated by major names, with superstar developers like Ethereum ETHUSDT founder Vitalik Buterin capable of making or breaking new projects simply by having their names listed on a development team. For that reason, it's increasingly common for scammers to invent fake founders and biographies for their projects. 🖐 - Check the whitepaper. The whitepaper should lay out the background, goals, strategy, concerns, and timeline for implementation for any blockchain-related project. Whitepapers can be incredibly revealing: companies that have a flashy website may reveal they lack a fundamentally sound concept. On the other hand, a company with a website containing spelling errors may have a whitepaper that indicates a rock-solid concept and a carefully conceived implementation plan. 🖐 - It it sounds too good to be true, it probably is. The idea of getting rich quick on an investment in a hot new project sure is tempting. Keep an eye out as you look for new investment opportunities in the ICO and cryptocurrency spaces. Remember that projects sounding too good to be true , likely are. Spend time scrutinizing every detail, and assume that the absence of a piece of crucial information may be an attempt to hide an unsound model or concept. Look for outside sources to verify the legitimacy of any project before making an investment. Ask questions that you can't already find the answers to. 💭 Whilst I remain bullish on Crypto, the above does reveal a worrisome trend for decentralized finance. Like this, DeFi still has a long way to go in terms of security. Hopefully the SEC case against Ripple will provide more clarity in terms of regulations and responsibility going ahead. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
by Crypto-Check-
38
August 5 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to blockchain analytics firm Chainalysis, there have been 13 separate bridge hacks this year, the most recent being the $190 million Nomad Bridge exploit. Bitcoin is down 1.52% over the last 24 hours and fell to an intraday low of $22,400.00. The relative strength index (RSI) is slightly above the midpoint, indicating that bulls still have a slight edge. The BTC/USDT pair has been trading around the 20-day exponential moving average (EMA) ($22,592) for the last few days, suggesting this is a vital indicator for both bulls and bears. If the bulls are unable to hold the price above the 20-day EMA ($22,592), the bears will attempt to pull the pair below the 50-day simple moving average (MA) ($21,352). Conversely, if the price bounces from the 20-day EMA ($22,592), the bull will attempt to push the price above $24,000. Today’s Cryptocurrency Headline Uniswap DAO Proposes to Create Uniswap Foundation A proposal was submitted today in the Uniswap governance forum for the creation of Uniswap Foundation, a new entity that is completely independent of Uniswap Labs, which has the mission to support decentralized growth and sustainability of the Uniswap Protocol and its supporting ecosystem and community. The foundation will be led by former Uniswap Labs Chief of Staff Devin Walsh and Grants Program Lead Ken Ng, with Devin Walsh serving as executive director and Ken Ng serving as head of operations. It requested a total budget of $74 million, with $60 million for the Uniswap grant program and $14 million in the operating budget to build out a full team of 12 over the next two years. The foundation is also requesting 2.5 million UNI to participate in governance. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
Quantum cryptography and Post-Quantum cryptographyHello guys today i want to explain Quantum cryptography and Post-quantum cryptography and how they can affect blockchain security and whats the solution. lets start with a brief explanation of cryptography: Cryptography is the process of encrypting data, or converting plain text into scrambled text so that only someone who has the right “key” can read it. NOW what is quantum cryptography? Quantum cryptography simply uses the principles of quantum mechanics to encrypt data and transmit it in a way that cannot be hacked. and what is Post-Quantum cryptography? Post-quantum cryptography refers to cryptographic algorithms (usually public-key algorithms) that are thought to be secure against an attack by a quantum computer. These complex mathematical equations take traditional computers months or even years to break. However, quantum computers running Shor’s algorithm will be able to break math-based systems in moments. How Quantum Cryptography Works? Quantum cryptography, or quantum key distribution (QKD), uses a series of photons (light particles) to transmit data from one location to another over a fiber optic cable. By comparing measurements of the properties of a fraction of these photons, the two endpoints can determine what the key is and if it is safe to use. The sender transmits photons through a filter (or polarizer) which randomly gives them one of four possible polarizations and bit designations: Vertical (One bit), Horizontal (Zero bit), 45 degree right (One bit), or 45 degree left (Zero bit). The photons travel to a receiver, which uses two beam splitters (horizontal/vertical and diagonal) to “read” the polarization of each photon. The receiver does not know which beam splitter to use for each photon and has to guess which one to use. Once the stream of photons has been sent, the receiver tells the sender which beam splitter was used for each of the photons in the sequence they were sent, and the sender compares that information with the sequence of polarizers used to send the key. The photons that were read using the wrong beam splitter are discarded, and the resulting sequence of bits becomes the key. If the photon is read or copied in any way by an eavesdropper, the photon’s state will change. The change will be detected by the endpoints. In other words, this means you cannot read the photon and forward it on or make a copy of it without being detected. The Solution We Need Now for Tomorrow! The need for unbreakable encryption is staring us in the face. With the development of quantum computers looming on the horizon, the integrity of encrypted data is at risk now. Fortunately, quantum cryptography, through QKD, offers the solution we need to safeguard our information well into the future – all based on the complex principles of quantum mechanics. In January 2022 a team at Sussex University spin-out company Universal Quantum published research on transit attacks which calculated that it would require a quantum computer with a 1.9 billion qubit-capacity to break Bitcoin’s encryption in the required ten-minute window (this is the time taken for a Bitcoin to be mined). Even at 317 million qubits it would take an hour and 13 million qubits for a day. For context, IBM’s superconducting quantum computer currently has a 127-qubit processor. REFRENCES: www.investmentmonitor.ai www.quantumxc.com www.techtarget.com Hope you enjoy this article. please share me your opinion about Quantum computing in comments. can they break BITCOIN???!!!
Education
by TraderAmin-KZ
6
North Korea May Be Behind AXS/RON HackFrom the Wall Street Journal: "U.S. law enforcement linked the Lazarus Group, an online crime syndicate connected to the North Korean government, to the $540 million hack of the online game Axie Infinity last month. The theft, infiltrating the network upon which the game is run, was one of the largest in the 13-year history of cryptocurrencies. The perpetrators stole 173,600 ether and 25.5 million of the stablecoin USD Coin, or USDC, worth about $540 million at the time of the attack." www.wsj.com
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by RyanTanaka