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An interesting fact about #Bitcoin! is that the creator of Bitcoin, known under the pseudonym #satoshi_nakamoto , remains a mystery. Although Satoshi published the Bitcoin white paper in 2008 and released the first version of the software in 2009, no one really knows who he is. In 2010, Nakamoto stopped participating in the project and handed over control of the code repository and the network's alert keys to other members of the community. Despite many theories, his identity has never been revealed, and it is estimated that he holds approximately 1 million bitcoins, which have not been moved, representing a large portion of the total Bitcoin supply.
$BTC
An interesting fact about #Bitcoin! is that the creator of Bitcoin, known under the pseudonym #satoshi_nakamoto , remains a mystery. Although Satoshi published the Bitcoin white paper in 2008 and released the first version of the software in 2009, no one really knows who he is. In 2010, Nakamoto stopped participating in the project and handed over control of the code repository and the network's alert keys to other members of the community. Despite many theories, his identity has never been revealed, and it is estimated that he holds approximately 1 million bitcoins, which have not been moved, representing a large portion of the total Bitcoin supply.
$BTC
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Ethereum breaks 3,100 USDT: Stability or warning sign?
On November 18, 2024, #Ethereum. (ETH) broke through the 3,100 USDT barrier, standing at exactly 3,107.16 USDT. This happened despite a slight drop of 1.47% over the past 24 hours. Despite the drop, ETH has maintained a level that demonstrates the relative stability of the market after weeks of changes and adjustments in the cryptocurrency.
What’s interesting here is that Ethereum has been facing a market that seems to be in constant motion, with moderate but present volatility. The recent ups and downs are related to factors such as technical improvements in the Ethereum network and the impact of global economic conditions, which directly influence investor confidence. Ethereum’s transition to a #Proof of #Stake (PoS) system has played a fundamental role in this dynamic, as it has made the network more efficient and reduced the amount of ETH issued, which generates long-term expectations.
What’s interesting here is that Ethereum has been facing a market that seems to be in constant motion, with moderate but present volatility. The recent ups and downs are related to factors such as technical improvements in the Ethereum network and the impact of global economic conditions, which directly influence investor confidence. Ethereum’s transition to a #Proof of #Stake (PoS) system has played a fundamental role in this dynamic, as it has made the network more efficient and reduced the amount of ETH issued, which generates long-term expectations.
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Amazing day in the crypto world! 🚀
#Bitcoin! has made an impressive jump, trading up to US$91,403.73, which represents an increase of 104% in the last 24 hours. On the other hand, #Ethereum. also shows movement, although more discreet, with a current price of US$3,119.42 and a variation of 1.02% in the same period. A reminder that the crypto market never ceases to surprise us!
$BTC
$ETH
#Bitcoin! has made an impressive jump, trading up to US$91,403.73, which represents an increase of 104% in the last 24 hours. On the other hand, #Ethereum. also shows movement, although more discreet, with a current price of US$3,119.42 and a variation of 1.02% in the same period. A reminder that the crypto market never ceases to surprise us!
$BTC
$ETH
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The Fall of the Cryptocurrency Market
Understanding the Big Picture and How to Face the Storm
The cryptocurrency market has been marked by ups and downs since its birth, but in recent times, the fall has been more pronounced and worrying for many investors. Let's break down what is happening, how we can take advantage of this crisis, and what strategies we can employ to remain resilient to the volatility of this market.
1. Causes of the Fall of the Cryptocurrency Market
The collapse in the value of cryptocurrencies is not an event that occurs for a single reason, but is the sum of several complex factors:
The cryptocurrency market has been marked by ups and downs since its birth, but in recent times, the fall has been more pronounced and worrying for many investors. Let's break down what is happening, how we can take advantage of this crisis, and what strategies we can employ to remain resilient to the volatility of this market.
1. Causes of the Fall of the Cryptocurrency Market
The collapse in the value of cryptocurrencies is not an event that occurs for a single reason, but is the sum of several complex factors:
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What is Bitcoin halving?
The Bitcoin halving is a programmed event in the Bitcoin protocol that halves the reward that miners receive for each mined block. This event occurs approximately every four years, or every 210,000 blocks. The purpose of the halving is to regulate the issuance of new coins and maintain Bitcoin's scarcity, which in turn helps resist inflation. Unlike fiat currencies, which typically decrease in value over time due to inflation, halving can increase the likelihood that Bitcoin's value will increase, assuming demand levels remain constant. Currently, there are in circulation more than 19,438,900 BTC, that is, 92% of the total issuance. However, thanks to the halving process, the last Bitcoin put into circulation is guaranteed to reach the year. The next Bitcoin halving is scheduled for the year 2024. According to the Bitcoin algorithm, there will be 33 halvings in total, after which , the fixed portion of a block mining reward will become less than 1 satoshi (the smallest unit of Bitcoin). Essentially, it will be equal to zero. The most recent Bitcoin halving occurred on May 11, 2020, when block 630,000 was mined. As a result of this halving, the reward per mined block fell to 6.25 BTC. It is important to note that the halving is an event that not only affects the investor interested in buying Bitcoin, but also has a global extension and determines the movement what the market as a whole will do. Therefore, forecasts in these situations help us to draw up a strategy with our entire portfolio. A tip? My pay ID: 505358808.#Criptomonedas #crypto2023 #news #cryptonews #CryptoNews🔒📰🚫 $BTC $ETH $BNB
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Stefan Thomas Rejects Offer to Hack Pendrive with US$238 Million in Bitcoins for Ethical Reasons
Stefan Thomas owns a large amount of bitcoins stored on a flash drive, but unfortunately he has forgotten the password needed to access them. A company has offered their services to try to regain access to the drive.In 2011, a Swiss programmer named Stefan Thomas showed notable interest in a nascent technology that had few followers: Bitcoin. At that time, Bitcoin had a very low value, and as there was little reliable information on the subject, the company WeUseCoins entrusted him with the task of creating an outreach video. As payment for his work, he received 7,002 Bitcoins, which at the time were worth just under a dollar each.
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PEPE, Dogecoin and SHIB in notable increase in value amid the current cryptocurrency boom.
Amid the latest rally in the cryptocurrency market, popular “memecoins” such as PEPE, Dogecoin, and SHIB have seen notable growth. Pepecoin, inspired by the “Pepe the Frog” meme, has enjoyed a 14% increase in value in a single day, trading at $0.00000120 according to CoinGecko. Over the week, it has seen an impressive 90% increase. Dogecoin has recorded a double-digit increase in its price, reaching $0.73 at press time, with an increase of 25% over the week. Shiba Inu also joined the trend, rising 7% in one day and 18% since last Thursday, while FLOKI, another dog-themed cryptocurrency, is up more than 20% on the day and 70% in the week.However, it is important to note that most assets, including Solana, which has gained more than 33% in the last week, are still far from their all-time highs. PEPE, DOGE and SHIB need a 90% increase to reach their previous highs. PEPE, in particular, is 70% below its all-time high. A tip? My pay ID: 505358808$BTC $ETH $BNB #Criptomonedas #crypto2023 #news #cryptonews #crypto
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Leading US Banks Experience Shares Drop as Bitcoin Recovers.
The current situation in the American banking system is worrying, especially in the wake of the recent banking crisis involving Signature Bank, First Republic Bank and Silicon Valley Bank in the first quarter of the year.
This scenario has been a cause of concern for some analysts who warned that the abrupt shift from extremely low interest rates to higher rates in just one year could trigger problems for banks. Macroeconomist Lyn Alden, for example, has pointed out that this situation is a reflection of a possible dollar crisis and recommends paying more attention to Bitcoin as an alternative.
The possibility of a continued rise in inflation in the United States, which could justify tighter monetary policy, hangs like a shadow over the economy.
Furthermore, there appear to be no safe havens, as even big banks like JP Morgan Chase, Bank of America, Citigroup and Goldman Sachs have seen daily declines and their worst decline in a year. Profits at America's second-largest bank are forecast to decline in the next quarter.
Goldman Sachs, a firm heavily reliant on investment banking, has also seen a decline in its third-quarter revenue, particularly in its asset and wealth management division.
Goldman Sachs shares have suffered a sharp decline, recording their worst performance in a year, with falls of more than 35%. Despite this, Goldman Sachs executives expect improvements in the future.
JPMorgan has experienced a series of daily declines since October 17 and is currently on its worst streak in the last month. Citigroup, for its part, faces a similar situation and is about to experience its worst decline in five years.
A tip?
My pay ID: 505358808.
#cryptonews #Criptomonedas #crypto #crypto2023 #CryptoCriss77
$BTC $ETH $BNB
The current situation in the American banking system is worrying, especially in the wake of the recent banking crisis involving Signature Bank, First Republic Bank and Silicon Valley Bank in the first quarter of the year.
This scenario has been a cause of concern for some analysts who warned that the abrupt shift from extremely low interest rates to higher rates in just one year could trigger problems for banks. Macroeconomist Lyn Alden, for example, has pointed out that this situation is a reflection of a possible dollar crisis and recommends paying more attention to Bitcoin as an alternative.
The possibility of a continued rise in inflation in the United States, which could justify tighter monetary policy, hangs like a shadow over the economy.
Furthermore, there appear to be no safe havens, as even big banks like JP Morgan Chase, Bank of America, Citigroup and Goldman Sachs have seen daily declines and their worst decline in a year. Profits at America's second-largest bank are forecast to decline in the next quarter.
Goldman Sachs, a firm heavily reliant on investment banking, has also seen a decline in its third-quarter revenue, particularly in its asset and wealth management division.
Goldman Sachs shares have suffered a sharp decline, recording their worst performance in a year, with falls of more than 35%. Despite this, Goldman Sachs executives expect improvements in the future.
JPMorgan has experienced a series of daily declines since October 17 and is currently on its worst streak in the last month. Citigroup, for its part, faces a similar situation and is about to experience its worst decline in five years.
A tip?
My pay ID: 505358808.
#cryptonews #Criptomonedas #crypto #crypto2023 #CryptoCriss77
$BTC $ETH $BNB
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▫️Influencer arrested for cryptocurrency-related fraud worth $128 million.
An influencer named Joseph Lam was arrested in Hong Kong on accusations of scamming more than 1,400 people out of a total of $128 million.
Authorities claimed that this fraud was carried out through the illegal cryptocurrency platform known as JPEX.
Lam, an influencer in the world of cryptocurrencies, promised monthly returns of up to 21%. However, JPEX operated without legal support in the country and attracted numerous people who deposited large sums of money without making any profits.
The Hong Kong Securities and Futures Commission held JPEX responsible for promoting its services through online celebrities and over-the-counter exchangers.
Authorities warned the public about the need to be skeptical of investment advice on social media and instant messaging platforms, especially when it comes from paid promoters rather than investment professionals.
The case also highlighted the importance of regulation in the cryptocurrency space and the need to protect investors from fraudulent activities.
Lam, after her arrest, shared having suffered huge financial losses and voluntarily provided information to the police.
A tip?
My pay ID: 505358808.
#Criptomonedas #crypto2023 #news #cryptonews #crypto
$BTC $ETH $BNB
An influencer named Joseph Lam was arrested in Hong Kong on accusations of scamming more than 1,400 people out of a total of $128 million.
Authorities claimed that this fraud was carried out through the illegal cryptocurrency platform known as JPEX.
Lam, an influencer in the world of cryptocurrencies, promised monthly returns of up to 21%. However, JPEX operated without legal support in the country and attracted numerous people who deposited large sums of money without making any profits.
The Hong Kong Securities and Futures Commission held JPEX responsible for promoting its services through online celebrities and over-the-counter exchangers.
Authorities warned the public about the need to be skeptical of investment advice on social media and instant messaging platforms, especially when it comes from paid promoters rather than investment professionals.
The case also highlighted the importance of regulation in the cryptocurrency space and the need to protect investors from fraudulent activities.
Lam, after her arrest, shared having suffered huge financial losses and voluntarily provided information to the police.
A tip?
My pay ID: 505358808.
#Criptomonedas #crypto2023 #news #cryptonews #crypto
$BTC $ETH $BNB