Apasionado de la tecnología y las finanzas descentralizadas, comunicador en criptomonedas y blockchain. Mi objetivo es educar y empoderar a la comunidad cripto.
$BTC Cryptocurrencies: pricing of the main digital currencies. Virtual currencies have had a boom in recent months, and bitcoin has achieved legality in El Salvador.
Cryptocurrencies have experienced ups and downs recently, as certain billionaire figures - such as Elon Musk - and governments have opted to give them a push as legal tender, but they have also faced some setbacks such as the "cryptocrash," which occurred in early May 2022 and jeopardized many virtual currencies.
Despite this scenario, more and more people have decided to enter the world of cryptocurrencies with the hope of having a medium- and long-term investment, despite the volatility that characterizes them. The price of cryptocurrencies This is the pricing of the main cryptocurrencies for this November 29 Bitcoin is quoted today at 97,002.96 dollars, which implies a change of 1.08% in the last hours.
The second most popular virtual currency in the market, ethereum, has shown a movement of -1.93% in the last 24 hours, thus its value stands at 3,586.78 dollars.
Regarding Tether US, it is quoted at 1 dollar, thus in the last day it had a movement of -0.07%.
On its part, BNB has a value of 653.81 dollars, with a change of 1.37%, while litecoin does the same with 97.07 dollars after a variation of -0.21%.
Finally, dogecoin, one of the cryptocurrencies that has been promoted by Elon Musk himself, has a value of 0.41 dollars after presenting a change of 2.74% in the last 24 hours.
#ThanksgivingBTCMoves Bitcoin sees a surge on Thanksgiving. What drives cryptocurrency transactions during the holidays?
The largest cryptocurrency has been volatile ahead of the holidays, pulling back after its advance towards the key $100,000 level.
The price of Bitcoin surged above $97,000 in the early hours of Thanksgiving Day as the world's largest cryptocurrency sought to mount another attack towards the $100,000 milestone.
The U.S. markets may be closed on Thursday as Americans enjoy the holiday, but cryptocurrency trading never stops. The digital asset showed some of its characteristic volatility, as it jumped to $ 97.336 overnight from a 24-hour low of $ 92.900 late Wednesday afternoon.
However, Bitcoin's march towards the key six-figure level halted once again, as it pulled back to $ 95.402 on Thursday morning.
Rania Gule, an analyst at XS.com, said there has been a "clear decrease in institutional demand," which, along with profit-taking by long-term holders, could indicate continued volatility.
Bitcoin exchange-traded funds (ETFs) in the United States recorded outflows of $123 million on Tuesday and $435 million on Monday, according to cryptocurrency data firm CoinGlass. However, ETFs saw net inflows of $103 million on Wednesday, suggesting a rebound in demand.
Gule said that Bitcoin cannot continue to grow above the $100,000 level "without experiencing some form of pullback," and that a correction could be imminent. "This correction may be necessary to consolidate Bitcoin's gains and stabilize the market, allowing the currency to continue its upward trend in the medium to long term."
Binance has already launched BFUSD, the digital dollar that pays 14% annual interest.
Although the annual interest it generates is very high, the exchange pointed out that it cannot be withdrawn because it is not a stablecoin. BFUSD is now the new coin of Binance, one of the largest crypto exchanges in the world. The exchange already allows the purchase and redemption of the token. Currently, along with its launch, the payment of a 14% annual return was announced as a base, although it clarifies that this value will not necessarily be maintained in the future. Furthermore, while in practice it will be pegged to the US dollar, Binance clarified that it is not considered a stablecoin. This is because it is a token that cannot be withdrawn from the exchange, but is limited to the platform.
Caution about the increasing number of crypto scams
There are currently a growing number of crypto-related scams and frauds claiming to offer a high return on investment. Before making deposits or transfers, you should remain skeptical and do your own research (DYOR) to verify that the project or website is legitimate. Since transactions on the blockchain are anonymous and irreversible, you may not be able to recover lost funds. Here are some tips to identify crypto scams:
THE has risen 671% in 7 days: Will this new meme coin be the next to emerge?
The cryptocurrency Thena has surged to the top of daily gains after the price of THE skyrocketed, and holders saw a Thena price gain of +12,000% in just 48 hours, with analysts pointing out that this new meme coin is the next to experience a rise. In this article, dive into price analysis and examine the latest cryptocurrency trends of Thena, and also discover the most interesting opportunity in the meme coin market this week.
Shiba Inu Price Forecast: Faces Retracement After Testing Resistance Level.
The price of Shiba Inu (SHIB) remains around $0.000024 on Wednesday after being rejected from the weekly resistance level earlier this week. On-chain data supports a bearish outlook as SHIB holders are taking profits from recent gains and increasing selling pressure, suggesting a further decline in the price of the memecoin. SHIB shows signs of weakness The price of Shiba Inu faced resistance at the weekly level of $0.000028 on Sunday and fell by 6% until Tuesday. This weekly level coincides with the 50% price retracement (drawn from the March high of $0.000045 to the August low of $0.000010), making it a key resistance area. At the time of writing this article on Wednesday, SHIB is hovering around $0.000024.
Scammers are getting smarter, and their latest scheme targets P2P transactions on Binance. Don't let your hard-earned crypto fall prey to them! Here's the scam playbook they're using and how you can protect yourself.
How the Scam Works 1️⃣ The Seemingly Fluid Exchange You sell crypto through Binance P2P, and the buyer’s payment arrives in your bank account. Everything seems fine—until it isn’t. 2️⃣ The Fraudulent Dispute
The impressive price that Artificial Intelligence predicts for Bitcoin in 2025 and 2030
AI estimates that the leading cryptocurrency will nearly double its current value next year. And it is even more optimistic for 2030. Artificial intelligence (AI) has recently been used to project the future price of Bitcoin, the most well-known cryptocurrency in the world. According to predictions made with AI, Bitcoin is expected to reach $100,000 by 2025. This forecast is based on the growing adoption of the cryptocurrency both at the institutional and individual levels, as well as the impact of events such as Bitcoin's halving.
Cryptocurrencies can be an alternative for investment and savings, but they also present financial risks. Their value varies according to supply, demand, and user commitment.
Some of the advantages of cryptocurrencies are: They can be a payment method in some cases. They allow sending money to people living in other countries. They facilitate payments between countries by eliminating barriers and the costs of traditional transfers. Companies can send and receive payments quickly and efficiently.
2.2 million people scanned their iris to have Worldcoin in Argentina, a third of the total
The humanity validation platform has 15 million registered users, and 7 million validated users. At the event where it announced a name change (from Worldcoin to World) and a new strategy to attract supporters to its humanity validation platform, limited until now to a controversial practice of scanning the irises of volunteers at universities and tourist centers, and that will now have a location in Abasto and delivery of the scanning system through Rappi, among other things, the company Tools for Humanity, which develops the platform where the cryptocurrency World and the humanity validation system, World ID, coexist, published a remarkable fact: of the 7 million people it has validated worldwide (that is, users who scanned their irises to obtain their anonymous digital passport as human beings), 2.2 million of those humanity validations took place in Argentina in the last two years, which positions our country as a leader in interest within the platform, and explains why Buenos Aires is, along with Mexico, the chosen city to install the company's first location.