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Circle company, the issuer of USDC, has intervened in #Binance 's case with the SEC.
The company stated that USDC, which has its own fixed coin with BUSD, cannot be in the status of an investment contract. As a reason for this, it was shown that users do not expect profit from the purchase of an asset linked to the dollar.
#crypto2023
The company stated that USDC, which has its own fixed coin with BUSD, cannot be in the status of an investment contract. As a reason for this, it was shown that users do not expect profit from the purchase of an asset linked to the dollar.
#crypto2023
#CryptoNewsDaily : On June 8, decentralized blockchain infrastructure provider #Ankr announced the launch of its enterprise blockchain creator tool on Microsoft’s Azure Marketplace. 🚀
The SEC case did not affect Binance: Only 1.5 percent Bitcoin outflow
The SEC's lawsuit filed against Binance yesterday evening did not create many problems in the general functioning of the exchange. Over-the-counter data shows that the Bitcoin outflow seen on the platform corresponds to only 1.5% of the BTC on the exchange.
Although the lawsuit filed by the US Securities and Exchange Commission (SEC) against the Binance exchange has had a major impact on the crypto world, the same impact has not been experienced on the exchange itself.
Glassnode, an on-chain d
Although the lawsuit filed by the US Securities and Exchange Commission (SEC) against the Binance exchange has had a major impact on the crypto world, the same impact has not been experienced on the exchange itself.
Glassnode, an on-chain d
Binance
84%
SEC
16%
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What is Bitcoin
#bitcoin is a decentralized digital currency, often referred to as a cryptocurrency. It was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin operates on a peer-to-peer network without the need for a central authority or government.
Bitcoin uses blockchain technology, which is a public ledger that records all transactions made with the currency. The blockchain ensures the transparency and security of the Bitcoin network, as each transaction
Bitcoin uses blockchain technology, which is a public ledger that records all transactions made with the currency. The blockchain ensures the transparency and security of the Bitcoin network, as each transaction
Bitcoin Halving Explained
Introduction
Bitcoin halving refers to an event that occurs approximately every four years in the Bitcoin network. It is a built-in mechanism designed to control the supply of new bitcoins being created and ensure a limited and predictable inflation rate.
During a Bitcoin halving, the reward that miners receive for successfully mining a new block is reduced by half. This reduction in the block reward has a direct impact on the rate at which new bitcoins are introduced into circulation. The ai
Bitcoin halving refers to an event that occurs approximately every four years in the Bitcoin network. It is a built-in mechanism designed to control the supply of new bitcoins being created and ensure a limited and predictable inflation rate.
During a Bitcoin halving, the reward that miners receive for successfully mining a new block is reduced by half. This reduction in the block reward has a direct impact on the rate at which new bitcoins are introduced into circulation. The ai
Smart Crypto Investing Strategies
Here, I can provide you with some general principles and strategies that smart investors consider when investing in cryptocurrencies:
Research: Smart investors thoroughly research the cryptocurrency they are considering investing in. They analyze factors such as the project's whitepaper, team members, technology, use case, market competition, and potential for adoption.
Diversification: Smart investors understand the importance of diversifying their portfolio. Instead of putting all their mon
Research: Smart investors thoroughly research the cryptocurrency they are considering investing in. They analyze factors such as the project's whitepaper, team members, technology, use case, market competition, and potential for adoption.
Diversification: Smart investors understand the importance of diversifying their portfolio. Instead of putting all their mon
Binance Futures Overview
Binance is a popular cryptocurrency exchange that offers a futures trading platform called Binance Futures. Futures trading allows traders to speculate on the price movements of various cryptocurrencies without actually owning the underlying assets. Binance Futures offers a range of trading pairs and derivatives products, including perpetual futures contracts.
Here are some key features and considerations related to futures trading on Binance:
Account Setup: To start futures trading on Binance
Here are some key features and considerations related to futures trading on Binance:
Account Setup: To start futures trading on Binance
Cryptocurrency Use Cases
Bitcoin and other cryptocurrencies have several use cases in the real world. Here are some of the prominent ones:
Digital Peer-to-Peer Payments: Cryptocurrencies enable direct peer-to-peer transactions without the need for intermediaries like banks. Bitcoin, for example, allows individuals to send and receive payments globally quickly and with lower fees compared to traditional banking systems.
Remittances: Cryptocurrencies provide an efficient solution for cross-border remittances. Migrants c
Digital Peer-to-Peer Payments: Cryptocurrencies enable direct peer-to-peer transactions without the need for intermediaries like banks. Bitcoin, for example, allows individuals to send and receive payments globally quickly and with lower fees compared to traditional banking systems.
Remittances: Cryptocurrencies provide an efficient solution for cross-border remittances. Migrants c
Binance Features and Benefits
Binance is a popular cryptocurrency exchange known for its extensive range of cryptocurrencies, advanced trading features, and strong security measures. There are several reasons why people choose to use Binance:
Wide Range of Cryptocurrencies: Binance offers a vast selection of cryptocurrencies for trading, including major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as numerous altcoins. The availability of a diverse range of cryptocurrencies allows traders and investors to
Wide Range of Cryptocurrencies: Binance offers a vast selection of cryptocurrencies for trading, including major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as numerous altcoins. The availability of a diverse range of cryptocurrencies allows traders and investors to
Bitcoin Pizza Day Celebration
Bitcoin Pizza Day holds great significance to the cryptocurrency industry and community as it marks a key milestone in the history of Bitcoin. On May 22, 2010, Laszlo Hanyecz, a Bitcoin enthusiast, made the first documented real-world purchase using Bitcoin. He bought two pizzas for 10,000 Bitcoins, which at that time were worth very little.
Bitcoin Pizza Day represents the first time Bitcoin was used as a medium of exchange for a tangible item, demonstrating its potential as a digital currency
Bitcoin Pizza Day represents the first time Bitcoin was used as a medium of exchange for a tangible item, demonstrating its potential as a digital currency
Bitcoin Pizza Day History
Bitcoin Pizza Day is celebrated on May 22nd each year and marks an important milestone in the history of Bitcoin. It commemorates the first documented real-world transaction involving Bitcoin, which took place on May 22, 2010.
The story behind Bitcoin Pizza Day goes back to the early days of Bitcoin when it was a relatively new and little-known digital currency. At the time, Bitcoin was primarily used and traded among a small community of enthusiasts.
On May 18, 2010, a Bitcoin Talk forum user
The story behind Bitcoin Pizza Day goes back to the early days of Bitcoin when it was a relatively new and little-known digital currency. At the time, Bitcoin was primarily used and traded among a small community of enthusiasts.
On May 18, 2010, a Bitcoin Talk forum user
Binance P2p experience
“I left all my other P2P sites since I joined Binance P2P. It’s faster, more reliable and I feel like I’m part of something bigger than myself.I like that Binance takes user security very seriously. I can rest assured that my crypto assets are safe and secure whenever I’m directly trading with another user. “
What is Binance P2P 🤔
Binance P2P is a peer-to-peer marketplace for buying and selling cryptocurrencies using local currencies. The platform connects buyers and sellers directly, allowi
What is Binance P2P 🤔
Binance P2P is a peer-to-peer marketplace for buying and selling cryptocurrencies using local currencies. The platform connects buyers and sellers directly, allowi
DCA - Dollar Cost Averaging. It is an investment strategy where an investor regularly invests a fixed amount of money into a particular investment, regardless of the asset's price or market conditions. The goal of DCA is to reduce the impact of market volatility and potentially benefit from long-term growth.
Dollar cost averaging works by buying more shares when prices are low and fewer shares when prices are high. Over time, this strategy aims to lower the average cost per share of the investment. It can be particularly useful for long-term investors who are looking to accumulate assets gradually and minimize the risk associated with trying to time the market.
The success of DCA depends on the performance of the underlying investment and the investor's ability to stick to the strategy consistently.
#feedfeverchallenge
Dollar cost averaging works by buying more shares when prices are low and fewer shares when prices are high. Over time, this strategy aims to lower the average cost per share of the investment. It can be particularly useful for long-term investors who are looking to accumulate assets gradually and minimize the risk associated with trying to time the market.
The success of DCA depends on the performance of the underlying investment and the investor's ability to stick to the strategy consistently.
#feedfeverchallenge
Everyone knows how much I love DCA!
I have openly been doing DCA since 2019, I have shared my DCA journey to encourage everyone to do the same .If you know me since then, you know I had the target of collecting 50 BNB. I was able to do this over a year. My average cost is around 45 USD per coin.
As you all know BNB had a parabolic run during the last bull cycle from 50 to 500 in 10 weeks time. That’s 10X profits. This was one of the most profitable investments in my entire portfolio. In addition to 10X gains, I was able to use my BNB to multiple launchpad events where I was able to earn incredible returns.
This is the most memorable experience I had from last cycle. I know that investors should not fall in love with any coin. But it’s hard not to fall in love with BNB.
#FeedFeverChallange #feedfeverchallenge
I have openly been doing DCA since 2019, I have shared my DCA journey to encourage everyone to do the same .If you know me since then, you know I had the target of collecting 50 BNB. I was able to do this over a year. My average cost is around 45 USD per coin.
As you all know BNB had a parabolic run during the last bull cycle from 50 to 500 in 10 weeks time. That’s 10X profits. This was one of the most profitable investments in my entire portfolio. In addition to 10X gains, I was able to use my BNB to multiple launchpad events where I was able to earn incredible returns.
This is the most memorable experience I had from last cycle. I know that investors should not fall in love with any coin. But it’s hard not to fall in love with BNB.
#FeedFeverChallange #feedfeverchallenge
Avoiding Scams
Crypto scams are unfortunately quite common in the cryptocurrency industry, and they can be difficult to spot if you're not careful. Here are some tips to help you avoid falling victim to a crypto scam:
Do your research: Before investing in any cryptocurrency or participating in any crypto-related activity, do your research to make sure it's legitimate. Look for information about the project, its team members, its whitepaper, and its roadmap.
Check the website's security: Make sure the website
Do your research: Before investing in any cryptocurrency or participating in any crypto-related activity, do your research to make sure it's legitimate. Look for information about the project, its team members, its whitepaper, and its roadmap.
Check the website's security: Make sure the website