Bitcoin is in a prominent stage in November 2024, reaching new all-time highs. Currently, its value exceeds 91,000 dollars, with significant growth since the beginning of the month. This surge is attributed to several factors, including:
1. Institutional demand: The approval of Bitcoin ETFs in key markets has increased the participation of large investors, reinforcing its adoption and reducing the supply on exchanges.
2. Supply reduction: With the halving scheduled for 2024, the number of bitcoins generated per block will decrease, which tends to increase its value due to the lower supply available.
3. Market sentiment: The optimism surrounding the cryptocurrency is attracting speculators and strengthening the bullish cycle, although it also increases the possibility of future volatility if confidence wanes.
4. Global economic outlook: Uncertainty in traditional markets and low interest rate policies in the U.S. favor the perception of Bitcoin as a "store of value."
In the short term, some analysts point to a possible ceiling close to 100,000 dollars, but warn of risks of over-leverage in the market, which could trigger abrupt corrections.
If you plan to invest, it is essential to consider the high volatility of the market and carefully manage the associated risks.
$WLD a before and after the wld. the actions to guarantee the information of the users has allowed countries like panama to implement the network of humans.
Altcoins (short for alternative coins) are all cryptocurrencies that are not Bitcoin. This term covers a wide variety of coins and tokens created as alternatives to Bitcoin, with the goal of offering improvements, different functionalities, or specific applications. Some notable categories and examples include:
1. Smart Contract-Based Altcoins:
Ethereum (ETH): Leading platform for decentralized applications (DApps) and smart contracts.
Cardano (ADA): Focuses on security and scalability through academic research and formal development.
Solana (SOL): Known for its high transaction speed and low fees.
2. Stablecoins:
Tether (USDT) and USD Coin (USDC): Altcoins designed to maintain a stable value tied to a fiat currency like the US dollar.
3. Interoperability Altcoins:
Polkadot (DOT): Allows different blockchains to be connected and data to be transferred between them.
Cosmos (ATOM): Creates an ecosystem of interconnected blockchains.
4. Memecoins:
Dogecoin (DOGE) and Shiba Inu (SHIB): Born as meme-based cryptocurrencies but have gained popularity as speculative assets.
5. Altcoins for privacy:
Monero (XMR): Focused on completely private transactions.
Zcash (ZEC): Offers transparent or private transaction options.
6. Platform and exchange tokens:
BNB (Binance Coin): Used in the Binance ecosystem to reduce fees and access advanced features.
Cronos (CRO): Crypto.com's native token.
Each altcoin has its own purpose and functionality, but they all compete with Bitcoin in aspects such as adoption, technology, and use cases. Want information on a specific altcoin?
$BNB Former ceo commenting on bnb chain network implementation.
AI tagging (or AI data in general) is well fitted to be done on-chain. Harness low cost labor globally without geographic bias, (micro) pay them in crypto instantly. @BNBCHAIN Greenfield provides the storage capacity. More tooling still needs to be built. Let's build them.
AI tagging (or AI data in general) is well fitted to be done on-chain. Harness low cost labor globally without geographic bias, (micro) pay them in crypto instantly. @BNBCHAIN Greenfield provides the storage capacity. More tooling still needs to be built. Let's build them.
#MarketBuyOrHold? WLD, the token of Worldcoin, remains relevant with advancements in digital identity and global adoption, driving its ecosystem.
Also, the implementation of mini apps has allowed verified users to collect tokens that in the future may contribute to probable high-yield income. Gold, Orb, juice, DNA, among others that offer up to NFT on the network $SOL $WLD interact with the app to discover opportunities.
Here is a basic guide for trading cryptocurrency futures on Binance. This type of trading involves leverage and higher risk, so it's important to understand the concepts before starting. Guide to Trading Cryptocurrency Futures on Binance 1. What are cryptocurrency futures Futures are contracts that obligate you to buy or sell an asset (in this case cryptocurrencies) at a future date and at a predefined price. On Binance, you can trade two types of futures: USDT-Margined Futures: Use USDT or BUSD as collateral.
Waiting for the macroeconomic data and the behavior of the supply, I can propose these two ideas, let's wait for which movement wins. Bullish view. #BecomeCreator #WLD🚀🚀