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Smiles420
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#CryptoMarketDip a market dip is characterised by a noticeable decline in the prices of digital assets over a short period. This phenomenon isn’t just a small blip in prices; it’s more like a significant drop that captures the attention of the entire market. Several factors can lead to these market dips: Profit-taking: One common cause is profit-taking, where investors sell their holdings to realise gains. This often happens after a period of substantial price increases, leading to a sudden influx of sell orders and a subsequent drop in prices. Market sentiment: The mood of investors plays a huge role. Negative sentiment, fueled by various factors like bad news, regulatory concerns, or overall market trends, can prompt a sell-off, driving prices down. External events: Events outside the crypto world can also influence market dips. These could include macroeconomic factors, geopolitical events, or significant changes in traditional financial markets. Typical characteristics of market dips include: Price declines: The most apparent characteristic is a notable decline in cryptocurrency prices. This decline is usually rapid and can affect a wide range of assets across the market. Increased uncertainty: Market dips often bring a sense of uncertainty. Investors become unsure about the market’s direction, leading to heightened volatility and sometimes erratic price movements. Volume changes: There can be a significant increase in trading volume as investors react to the dip, either by selling off their holdings or by buying in anticipation of a rebound. Understanding these dips is crucial for any investor in the cryptocurrency market
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#BinanceMegadropSolv Binance has announced Solv Protocol (SOLV) as the third project on its Binance Megadrop platform. Solv Protocol, a Bitcoin staking protocol focused on building a Bitcoin-centric financial ecosystem, offers users the opportunity to participate in the SOLV Megadrop starting from January 7, 2025, at 00:00 UTC. The Megadrop page is expected to be available on the Binance App approximately 12 hours before the event begins. Following the Megadrop period, Binance will list Solv Protocol (SOLV) on January 17, 2025, at 10:00 UTC, introducing trading pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY. The seed tag will be applied to SOLV at launch. Key Dates and Participation Periods SOLV Megadrop Period: January 7, 2025, 00:00 UTC – January 16, 2025, 23:59 UTC BNB Locked Products Snapshot Period: Participants can begin locking BNB prior to January 7, 2025, to maximize their Locked BNB Scores, with hourly snapshots of BNB subscriptions taken throughout the period. Further details are available in the FAQ. Web3 Quest Period: Users can complete designated Web3 Quests to boost their score. Web3 Quest Details Quest 1: Stake 0.0001 BTCB on Solv Protocol (available from January 17, 2025, at 06:00 UTC). Tutorial Participants will receive Megadrop rewards in their Binance Spot Account.
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#BitcoinHashRateSurge What Is Hash Rate? Hash rate is the measure of the computational power of a proof-of-work (PoW) cryptocurrency network, group, or individual. It is used to determine the mining difficulty of a blockchain network, gauge security, estimate network energy use, and determine network participation. It is also used to adjust these blockchains' puzzle-solving difficulty. Hash rate is an important indicator of a blockchain network's overall security and power. The more miners in a blockchain network competing to mine blocks, the less likely a malicious attack on the network will occur. Hash rate also affects the mining difficulty of a given blockchain. Some blockchains increase the difficulty of mining a block as the hash rate increases. This means that crypto networks with very high hash rates may be nearly impossible for individual miners to compete in.
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#Crypto2025Trends It has been an extraordinary year for cryptocurrency, defined by bitcoin's meteoric ascent. The world's first crypto soared from under $40,000 in January, stabilized around $60,000 throughout the summer and then surged above $100,000 this fall. That's a remarkable achievement for an asset that's only been in existence since shortly after Satoshi Nakamoto published the famous white paper in October 2008. Looking ahead to 2025, the big question is, what's next for bitcoin and the broader cryptocurrency ecosystem? Will bitcoin's rally continue? Will altcoins rise to challenge its dominance?
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#XmasCryptoMiracles Cryptographic theory has provided the notion of provable security which is often an unattainable ideal in practice. Theoretical work gains provable secure protocols only at the cost of efficiency. Theorists are moving from certain primitives towards powerful sets of primitives. That happens because provable secure protocols often have a complex and obscure design, which leads to inefficiency and mistakes. To bridge the gap between cryptographic theory and practice, the random oracle hypothesis was developed. This hypothesis yields crypto protocols much more efficient than standard ones. The article describes the concept of the random oracle model and the replacement of random oracles with hash functions. Practical work shows that no one has been able to perform a successful attack on such crypto protocols.
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