For users who are used to using USDT, having another option like USDC is a new choice. It offers several ways to transfer between USDC/USDT. If you are a new user, simply sign up for one, complete the identity verification process, and pay using bank transfers, debit or credit cards, all through cryptocurrency wallets. You can learn about the ways to buy USDC in our next article.
The main differences between USDT and USDC? First, the issue of transparency and credibility. USDT is produced and controlled entirely by Tether Limited, meaning there is no third party or central authority to influence its management. In contrast, USDC has been subject to continuous regulation and oversight by US authorities and banks since its inception. 07/26/2024
A very valuable note and we thank the writer for his good and distinctive advice 🔥🔥🔥🔥
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2L8
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USDT or USDC
Many of my friends advise buying USDC instead of USDT ...
Today I will tell you the negatives and positives of the two currencies and you decide. It is true that USDT has some problems in Europe, but here are all the details about it. USDT is the strongest stablecoin so far and the market cap is 3 times the market cap of USDC. Here we are talking numbers. USDT has low taxes and is almost non-existent, while USDC is built on the Ethereum network, which means that its taxes are very expensive. Here we are also talking numbers and reality. So USDT cannot be compared to USDC in numbers and reality. The question is why this war on USDT? USDT is a Chinese company, while USDC is an American company. I think you are starting to understand what is happening now. Brother, there is no doubt that USDT will fight in America and Europe and no one knows the result.... But is USDC a good alternative? Of course not, its costs are very high and will be burdensome for investors. I advise you to continue with USDT until there is a new alternative and I think there will be new stablecoins soon. Let's wait and don't make a mistake and transfer your money to USDC Good luck to everyone.
Busy things can get in the way of time, so I prefer to learn through light information (sketches).
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Youssef_CR7
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Earn $8-10 Daily on Binance Without Any Investment 💰
If you are new to Binance, here is a great opportunity to earn money without any upfront costs. Binance, the world’s leading cryptocurrency exchange, offers innovative ways to earn $8-10 per day without risking any capital. Let’s explore how you can take advantage of these earning opportunities to grow your cryptocurrency portfolio effortlessly.
🍀Robinhood, a platform that allows users to buy and sell a number of digital currencies, rose by 27% over the past week.
Trump had pledged during his campaign to fire SEC Chairman Gary Gensler, which bodes well for companies like Coinbase that are fighting the regulator in court over alleged securities crimes.
Since the start of trading, about $3.5 billion has been sold on OKX, about $28 billion has been sold on Binance, and about $6 billion has been sold on Bybit - a total of $37.5 billion has been sold.
We have to take into account the many other exchanges where players can sell their NOT. Some people also ate steak for a month.
So it is estimated that more than half of the notes received by players have been sold.
In this way, a large part of the paper hands have left the market. Those who bought NatCoin now are unlikely to sell much at current prices -
Who will save the poor people of Binance? Is there any help, even if it is a loan, so that I can start investing in my site, as trading or owning foreign currency is forbidden and criminalized in my country? I only need a few hundred dollars, and God will help me repay the debt. Life without chivalry, generosity, love for others, and sacrifice lacks beauty and creativity
The digital currency Bitcoin expanded its losses, losing more than $1,200, and trading at 62,000 levels, after the selling trend took control in global markets.
The cryptocurrency's decline came after a volatile performance during Friday's trading, in which it turned its morning gains (when it reached $65.5 thousand) into clear losses.
Have you heard about the digital asset payment system that was created years before Bitcoin? And about the legal battle that has lasted for years and defines the features of regulating the digital currency industry? Today's Academy is about Ripple, XRP, and its legal battle with the SEC. Find out how Ryan Fager created RipplePay in 2004 before Bitcoin, and how David Schwartz, Jed McCaleb, and Arthur Brito redefined digital payments. Learn about the evolution of Ripple's blockchain infrastructure, the rise of XRP, and Chris Larsen's pivotal involvement. We dive into the 2020 SEC allegations against Ripple for selling $1.3 billion in unregistered securities, the delisting of XRP from major exchanges like Coinbase, and the court rulings that followed. From SEC claims about registration requirements to the landmark July 2023 court decision that distinguished the status of XRP between public and institutional sales, this video covers it all.
From the high highs to the low lows, monitoring cryptocurrency prices is often likened to a rollercoaster ride. Today, we will talk about some of the biggest crashes in the history of the cryptocurrency market. From the collapse of Mt. Gox in 2011, as the price of Bitcoin fell from $32 to $0.01, to multiple crashes in 2013, including a 73% drop due to the crash of the Mt. Gox and a 56% decline due to a Ponzi scheme. We'll also cover the 2018 crash where Bitcoin fell from $20,000 to $11,000, the 2020 COVID-19 crash that saw Bitcoin drop 50% in one day, and the crash caused by Elon Musk's tweets and China's ban on cryptocurrencies in 2021. Learn how these events shaped the cryptocurrency market
The US Treasury Department has established new principles requiring cryptocurrency brokers to report their users' digital asset sales and exchanges to the Internal Revenue Service (IRS). Announced on Friday, these come as a follow-up to the bipartisan $1 trillion Infrastructure and Jobs Investment Act of 2021, which projected the new guidance would generate about $28 billion over the next 10 years.
Starting next year, these reporting requirements will be phased in, and will apply to the 2026 tax filing season. The Treasury's move aims to align tax reporting for cryptocurrencies with existing standards for other financial instruments, such as bonds and stocks. The final version of the rules has been modified from its initial proposal to reduce the burden on intermediaries and introduce changes gradually.
In his report, a Bitfinex analyst linked the approval of Ethereum Spot ETFs in the United States during the third quarter to the possibility of a strong rally in crypto assets driven by increasing positive momentum, and the upcoming regulatory approval may reinforce the positive momentum witnessed. Digital assets recently.
Economic data for the first quarter confirms a slowdown in the pace of growth, fueling expectations that the Federal Reserve will cut interest rates this year. The Bitfinex platform warns that the fluctuation of investors' appetite for risk in investing in digital assets such as Bitcoin (Bitcoin-BTC) may lead to investments of varying sizes coming into exchange-traded funds (ETFs) related to these assets, which may reflect negatively on investor confidence.
Bitfinex analysts expect that the Bitcoin halving that took place last April will contribute to a recovery in its price, as previous price movement patterns show the start of the bull market cycle within 10-12 weeks after its occurrence, as they reported that:
“The launch of the Ethereum ETF during the third quarter may lead to an increase in the positive momentum that digital currencies are currently experiencing. As July arrives, volatility is expected to increase in all markets
The Federal Reserve, led by Jerome Powell, is starting to think that higher interest rates may have fewer effects than in the past
Meaning that the economy was not affected by the high interest rate as they feared Therefore, installing it may take longer than usual
This means that we expect that interest rates will remain constant in the next two meetings Or there will be a slight reduction But the definite reduction occurs in the 5 meetings
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Ashraf Hamdoun
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XEC, also known as eCash, is a digital currency developed by the Bitcoin Cash network developer team. XEC aims to scale the blockchain network and provide storage services and network updates without forks¹. XEC is used to mint eCash tokens and pay fees across the network.
eCash was created by Dr. David Chaum in 1990 as a digital system that makes it easy to transfer money anonymously for users¹. Despite initial interest from large banks, eCash did not achieve the expected success and DigiCash, the company that developed it, filed for bankruptcy in 1998¹. In 2018, Chaum launched a new startup focused on crypto.
XEC runs on the “Avalanche” blockchain, which enables instant transactions, increases security, and provides forkless updates⁶. XEC is a continuation of the Bitcoin Cash project, and continues to be developed by the Bitcoin ABC team.
XEC shows great potential for growth and development, and is considered a promising investment opportunity for those interested in technology and investors looking for innovation in the field of digital currencies. However, it is always advisable to conduct careful research and thorough analysis before investing in this currency, given the market fluctuations and challenges you may face.
May God perpetuate celebrations and joys with the success of all businesses And freedom
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mshail 89
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Binance celebrates Bitcoin Pizza Day with global pizza parties Basic conclusions To celebrate the first recognized Bitcoin transaction in 2010, Binance is planning to hold pizza parties in multiple locations. A range of real-life and online events, events and games will be organized across the world. Bitcoin Pizza Day remains one of the most popular dates in the cryptocurrency calendar – read on to find out why.
In an era of rapid innovation and technological development, new methods of trading are emerging that hold amazing promises of huge profits and rapid turnarounds: futures trading and cryptocurrencies. This aspect of the investment world represents an interesting area that offers investors the opportunity to move forward with digital trading in innovative and exciting ways.
Future trading is the process of buying or selling futures contracts to buy or sell a specific asset at a specific price on a future date. This type of trading allows investors to benefit from price fluctuations without having to own the actual asset, opening the door to great opportunities for profits.
As for digital currencies, they represent a new type of financial asset based on decentralized technology such as blockchain technology. These include digital currencies such as Bitcoin, Ethereum, and others, and they have witnessed a remarkable boom in recent years, becoming an integral part of the global financial landscape. $TRB#bitcoin$BLZ
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EO_tradeX
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Bullish
Title: Future trading 🐋💸
In an era of rapid innovation and technological development, new methods of trading are emerging that hold amazing promises of huge profits and rapid turnarounds: futures trading and cryptocurrencies. This aspect of the investment world represents an interesting area that offers investors the opportunity to move forward with digital trading in innovative and exciting ways.
Future trading is the process of buying or selling futures contracts to buy or sell a specific asset at a specific price on a future date. This type of trading allows investors to benefit from price fluctuations without having to own the actual asset, opening the door to great opportunities for profits.
As for digital currencies, they represent a new type of financial asset based on decentralized technology such as blockchain technology. These include digital currencies such as Bitcoin, Ethereum, and others, and they have witnessed a remarkable boom in recent years, becoming an integral part of the global financial landscape. $TRB #bitcoin $BLZ
From Richard Teng, CEO of Binance: Tigran Gambaryan is innocent and should be released
As you may know, one of our dear colleagues, Tigran Gambaryan, remains in the custody of the Nigerian government for more than 70 days. There have been many public comments on this incident, and I wanted to take this opportunity to present the facts so that the global community's perceptions of us are not unjustly distorted. I also feel that it is time to speak out about this issue on behalf of the global business community. Inviting mid-level company employees to cooperative policy meetings when the real goal is to detain them is a new precedent that sets a risk for all companies around the world.
From Richard Teng, CEO of Binance: Tigran Gambaryan is innocent and should be released
As you may know, one of our dear colleagues, Tigran Gambaryan, remains in the custody of the Nigerian government for more than 70 days. There have been many public comments on this incident, and I wanted to take this opportunity to present the facts so that the global community's perceptions of us are not unjustly distorted. I also feel that it is time to speak out about this issue on behalf of the global business community. Inviting mid-level company employees to cooperative policy meetings when the real goal is to detain them is a new precedent that sets a risk for all companies around the world.