✍️ Crypto Slang Terms #24: Your Guide to the Cryptoverse 📕
💡 Ready to join BSCS & explore five blockchain words? Let's improve your crypto knowledge!
ℹ️ Tokenized Security: Cryptographic token representing traditional assets (stocks, stablecoins, commodities).
👉🏻 Example: Matrixdock STBT, Ondo OHYG
ℹ️ Tokenized Stock: Spot token backed by shares of a particular stock. Provides 24/7 availability and permissionless nature of crypto to traditional stocks.
👉🏻 Example: mAAPL, mIAU, mTSLA
ℹ️ Tokenomics: A portmanteau of “token” and “economics,” refers to the underlying attributes of a cryptocurrency token that incentivize users to adopt the token’s project ecosystem.
ℹ️ TokenSets (Set Protocol): Launched by in 2019, application for creating and trading Sets (ERC-20 tokens representing a basket of crypto assets).
ℹ️ ToolChain: Set of software tools for simplifying complex software development tasks. Helps create specific types of software programs and applications.
💪 Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
⭐️ BSCS Official Media Channels:
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💡 Ready to join BSCS & explore five blockchain words? Let's improve your crypto knowledge!
👉🏻 Example: Matrixdock STBT, Ondo OHYG
👉🏻 Example: mAAPL, mIAU, mTSLA
💪 Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
⭐️ BSCS Official Media Channels:
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Enjoy a smooth process designed to enhance your TON investment journey. Happy investing!
1️⃣ Step 1: Create a TON Wallet
➖ BSCS only supports OpenMask
2️⃣ Step 2: Fund Your Wallet
3️⃣ Step 3: Join the IDO
➖ Require BNB for gas fee
➖ Require TON for gas fee
4️⃣ Step 4: Claim or Refund
➖ Require TON for gas fee
➖ Require TON for gas fee
👀 Stay tuned for more updates and get ready to join the first TON project launch on BSCS.
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The Ethereum (ETH) ETF was officially approved a few days ago. How do you expect it to impact the overall cryptocurrency market?
Anonymous Poll
52%
Very Positive
11%
Slightly Positive
23%
Neutral
14%
Negative
🔊Weekly Market Highlights #108: July 22 - July 28
✨Following Bitcoin, the cryptocurrency market welcomes another coin—Ethereum—which has launched its spot ETF.
✨BTC faced a challenging start to the week but made a strong recovery by the weekend.
✨Over the past week, the crypto market total capitalization decreased by ~$33B (from ~$2,488B to ~$2,455B).
✨BTC Sees a Rollercoaster
✅Last weekend was quite eventful for BTC's price action. The asset plummeted by $2K in minutes following President Joe Biden's withdrawal from the 2024 election race and rebounded by more than $3K afterward. Ultimately, BTC reached $68,4K for the first time in over six weeks on Monday.
✅However, it couldn't sustain its momentum and gradually began losing value. A significant decline occurred on Thursday when it dropped from $67,2K to $63,4K. Fortunately, the bulls intervened, sparking a rally on Friday and Saturday that lifted BTC back to $68K.
✅As anticipation built for Trump's speech, BTC surged to a seven-week high of over $69,3K. However, the rollercoaster ride continued when he took the stage and made several bold promises. Within a few hours, BTC fell to $66,5K, bounced back to $69K, and then settled at its current position of ~$68K
✨Alts Turn Red
✅Overall, major altcoins remain slightly red as they have yet to bounce back from the mid-week BTC price drop.
✅After a week of approximately ~5% price increases, SOL has become the second-largest altcoin in the market after ETH, currently trading at around $185.
✅The biggest lost in the top 10 is AVAX with ~12%, currently trading around ~$28.2
✅Similar to the early Bitcoin ETFs, the Ethereum ETF has experienced significant outflows in recent trading days as investors transfer their assets from Grayscale to other options with lower fees. ETH is currently trading at ~$3.34K.
✅The total crypto market cap is $2,455B on CoinMarketCap.
✅Total 2 Index (Marketcap excluding BTC) is now at $1.027B
✨Bitcoin Fear and Greed Index is 74 - Greed, higher than at the beginning of the week (70)
✨Dominance:
✅BTC: 55.5%
✅ETH: 16.3%
📣See you next week!
🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
✨Following Bitcoin, the cryptocurrency market welcomes another coin—Ethereum—which has launched its spot ETF.
✨BTC faced a challenging start to the week but made a strong recovery by the weekend.
✨Over the past week, the crypto market total capitalization decreased by ~$33B (from ~$2,488B to ~$2,455B).
✨BTC Sees a Rollercoaster
✅Last weekend was quite eventful for BTC's price action. The asset plummeted by $2K in minutes following President Joe Biden's withdrawal from the 2024 election race and rebounded by more than $3K afterward. Ultimately, BTC reached $68,4K for the first time in over six weeks on Monday.
✅However, it couldn't sustain its momentum and gradually began losing value. A significant decline occurred on Thursday when it dropped from $67,2K to $63,4K. Fortunately, the bulls intervened, sparking a rally on Friday and Saturday that lifted BTC back to $68K.
✅As anticipation built for Trump's speech, BTC surged to a seven-week high of over $69,3K. However, the rollercoaster ride continued when he took the stage and made several bold promises. Within a few hours, BTC fell to $66,5K, bounced back to $69K, and then settled at its current position of ~$68K
✨Alts Turn Red
✅Overall, major altcoins remain slightly red as they have yet to bounce back from the mid-week BTC price drop.
✅After a week of approximately ~5% price increases, SOL has become the second-largest altcoin in the market after ETH, currently trading at around $185.
✅The biggest lost in the top 10 is AVAX with ~12%, currently trading around ~$28.2
✅Similar to the early Bitcoin ETFs, the Ethereum ETF has experienced significant outflows in recent trading days as investors transfer their assets from Grayscale to other options with lower fees. ETH is currently trading at ~$3.34K.
✅The total crypto market cap is $2,455B on CoinMarketCap.
✅Total 2 Index (Marketcap excluding BTC) is now at $1.027B
✨Bitcoin Fear and Greed Index is 74 - Greed, higher than at the beginning of the week (70)
✨Dominance:
✅BTC: 55.5%
✅ETH: 16.3%
📣See you next week!
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After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
👉🏻 Let's see if you missed any news!
I. IDO Partner
II. Event and Highlight News
III. Education
IV. Under Development
💠 DEX View
- Optimize and enhance the overall user experience
V. Communities
• Telegram Channel: 90,652
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The Bitcoin Conference 2024 in Nashville marked a pivotal moment for the cryptocurrency industry, with key announcements and predictions that could shape its future.
Here's a detailed recap of the major highlights:
The conference highlighted the evolving landscape and future potential of Bitcoin. For upcoming Bitcoin Conference, visit Official Website.
⭐️ Bitcoin Conference Official Media Channels:
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🥇 Top 1: 25 USDT
🥈 Top 2: 20 USDT
🥉 Top 3 : 15 USDT
🎖 Top 4-5: 10 USDT/ each
🎖 Top 6-9: 5 USDT/ each
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📣 Exciting News from BSCS! We will establish a strategic partnership with a top-tier organization in the industry! 🔥
🔶️ From day one, our mission has been clear: become the go-to platform with advanced features for DeFi users.
We are proving ourselves as a leading Launchpad platform, offering the finest experience & benefits for the community.
🤝 We will receive a strategic investment fund & support from an expert team of highly experienced professionals, opening up new opportunities for collaboration and growth.
🛎 Stay tuned for more details! Get ready for exciting events and updates coming your way!
⭐️ BSCS Official Media Channels:
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We are proving ourselves as a leading Launchpad platform, offering the finest experience & benefits for the community.
🤝 We will receive a strategic investment fund & support from an expert team of highly experienced professionals, opening up new opportunities for collaboration and growth.
🛎 Stay tuned for more details! Get ready for exciting events and updates coming your way!
⭐️ BSCS Official Media Channels:
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The U.S. unemployment rate for July 2024 was just announced on August 2nd. The forecasted rate was 4.1%, but the actual rate was 4.3%. How do you think this will impact the blockchain market overall?
Anonymous Poll
44%
Increased Adoption of Cryptocurrencies
27%
Market Volatility
17%
Reduced Investment in Blockchain
12%
No Significant Impact
After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
👉🏻 Let's see if you missed any news!
I. New Partner
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III. Under Development
💠 DEX View
- Optimize and enhance the overall user experience
IV. Communities
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• Twitter: 416,501
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🔊Weekly Market Highlights #109: July 29 - August 4
✨In the last week of July and the first few days of August, the cryptocurrency market experienced a significant correction, largely due to a wave of political and macroeconomic news impacting the global stock market, nearly wiping out the gains made in previous weeks.
✨Over the past week, the crypto market total capitalization decreased by ~$413B (from ~$2,455B to ~$2,042B).
✨BTC Falls to and Below $60K
✅Although last weekend was also quite volatile, the scene was markedly different. BTC had a wild ride due to Donald Trump's conference appearance and pro-crypto speech, reaching a peak of $70K on Monday - its highest in about seven weeks.
✅However, the momentum shifted later that day as BTC dropped by $4K. The bears took over after stabilizing around $66K, especially on Friday. BTC plummeted from $66K to $62.2K within hours following news that the US unemployment rate had surged to its highest since 2021.
✅BTC and other riskier assets, such as US stocks, declined steeply. The retracement continued over the weekend, with BTC dropping below $60K by the end of the day—its lowest price in three weeks.
✨Alts See Nothing but Red
✅The rising BTC dominance amid BTC’s retracement means only one thing – the altcoins have it worse.
✅Overall, the total market cap decreased by approximately 20% in one week, with BTC's price falling by around 13%, indicating that other altcoins suffered even greater losses. Major names like ETH, SOL, AVAX, BNB, and DOGE all saw substantial declines, each dropping around 25% on a weekly scale.
✅The total crypto market cap is $2,042B on CoinMarketCap.
✅Total 2 Index (Marketcap excluding BTC) is now at $850B
✨Bitcoin Fear and Greed Index is 26 - Fear, lower than at the beginning of the week (74)
✨Dominance:
✅BTC: 55.9%
✅ETH: 15.8%
📣See you next week!
🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
✨In the last week of July and the first few days of August, the cryptocurrency market experienced a significant correction, largely due to a wave of political and macroeconomic news impacting the global stock market, nearly wiping out the gains made in previous weeks.
✨Over the past week, the crypto market total capitalization decreased by ~$413B (from ~$2,455B to ~$2,042B).
✨BTC Falls to and Below $60K
✅Although last weekend was also quite volatile, the scene was markedly different. BTC had a wild ride due to Donald Trump's conference appearance and pro-crypto speech, reaching a peak of $70K on Monday - its highest in about seven weeks.
✅However, the momentum shifted later that day as BTC dropped by $4K. The bears took over after stabilizing around $66K, especially on Friday. BTC plummeted from $66K to $62.2K within hours following news that the US unemployment rate had surged to its highest since 2021.
✅BTC and other riskier assets, such as US stocks, declined steeply. The retracement continued over the weekend, with BTC dropping below $60K by the end of the day—its lowest price in three weeks.
✨Alts See Nothing but Red
✅The rising BTC dominance amid BTC’s retracement means only one thing – the altcoins have it worse.
✅Overall, the total market cap decreased by approximately 20% in one week, with BTC's price falling by around 13%, indicating that other altcoins suffered even greater losses. Major names like ETH, SOL, AVAX, BNB, and DOGE all saw substantial declines, each dropping around 25% on a weekly scale.
✅The total crypto market cap is $2,042B on CoinMarketCap.
✅Total 2 Index (Marketcap excluding BTC) is now at $850B
✨Bitcoin Fear and Greed Index is 26 - Fear, lower than at the beginning of the week (74)
✨Dominance:
✅BTC: 55.9%
✅ETH: 15.8%
📣See you next week!
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📕 Better than Yesterday #39: Prevent Financial Crime in Crypto
Welcome back to “Better than Yesterday” series, where we explore ways to improve digital knowledge. Today, we focus on preventing financial crime in the world of cryptocurrencies.
ℹ️ Anonymity and Financial Fraud in Crypto
Anonymity is a core feature of cryptocurrencies; while it offers privacy, it also opens doors for financial fraud.
Crypto users lose over $200 million each quarter to hacks, scams, and fraud. About 94.3% of these losses are due to hacks, while 5.7% are from fraud that could have been prevented with KYC.
ℹ️ Can KYC Help Prevent Crypto Scams?
KYC aims to identify customers before they access crypto services.
While KYC can't eliminate all crypto scams, it significantly reduces their number.
If everyone passes a KYC, withdrawing illegal crypto becomes nearly impossible, deterring criminals.
ℹ️ The Role of AML Tools
Anti-Money Laundering (AML) tools detect coins involved in illegal activities, and crypto services often block these funds.
With proper KYC and AML practices, withdrawing stolen or illegal crypto becomes very difficult, helping to prevent scams.
ℹ️ Does Existing Regulation Help?
The regulations in developed regions aim to protect most crypto owners from scams and hacks.
However, the highest crypto adoption levels are in lower-middle-income countries, where regulation is often lacking.
ℹ️ Summary
Improving our defenses against financial crime in crypto requires balancing privacy and security. While KYC and AML practices are essential, global regulatory measures must address regions with high crypto adoption.
📰 Detailed Article Here
⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
Welcome back to “Better than Yesterday” series, where we explore ways to improve digital knowledge. Today, we focus on preventing financial crime in the world of cryptocurrencies.
Anonymity is a core feature of cryptocurrencies; while it offers privacy, it also opens doors for financial fraud.
Crypto users lose over $200 million each quarter to hacks, scams, and fraud. About 94.3% of these losses are due to hacks, while 5.7% are from fraud that could have been prevented with KYC.
KYC aims to identify customers before they access crypto services.
While KYC can't eliminate all crypto scams, it significantly reduces their number.
If everyone passes a KYC, withdrawing illegal crypto becomes nearly impossible, deterring criminals.
Anti-Money Laundering (AML) tools detect coins involved in illegal activities, and crypto services often block these funds.
With proper KYC and AML practices, withdrawing stolen or illegal crypto becomes very difficult, helping to prevent scams.
The regulations in developed regions aim to protect most crypto owners from scams and hacks.
However, the highest crypto adoption levels are in lower-middle-income countries, where regulation is often lacking.
Improving our defenses against financial crime in crypto requires balancing privacy and security. While KYC and AML practices are essential, global regulatory measures must address regions with high crypto adoption.
📰 Detailed Article Here
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🥇 Top 1: 25 USDT
🥈 Top 2: 20 USDT
🥉 Top 3 : 15 USDT
🎖 Top 4-5: 10 USDT/ each
🎖 Top 6-9: 5 USDT/ each
🙌 Act now or lose your chance of winning! The opportunity is still available!
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✍️ Crypto Slang Terms #25: Your Guide to the Cryptoverse 📕
💡 Ready to join BSCS & explore five blockchain words? Let's improve your crypto knowledge!
ℹ️ Total Market Capitalization (Cap): A measurement used to determine the entire market capitalization of a specific asset or asset class.
👉🏻 Example: Global cryptocurrency cap is $2.10 Trillion
ℹ️ Total Supply: The complete number of coins/tokens that are created by a blockchain project during the project’s inception.
👉🏻 Example: $BSCS Total Supply is 397,747,735
ℹ️ Total Value Locked (TVL): A metric that measures the aggregate value of all crypto assets locked in decentralized finance (DeFi) protocols via smart contracts
👉🏻 Example: $ETH TVL is $45.979 Billion
ℹ️ Traceability: The ability to track a transaction’s details, such as the transaction amount or the identities of the involved parties.
ℹ️ Tracking Cookie: A system deployed automatically when a user accesses a website, often with the hopes of collecting data used to influence a user’s online decisions.
💪 Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
⭐️ BSCS Official Media Channels:
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💡 Ready to join BSCS & explore five blockchain words? Let's improve your crypto knowledge!
👉🏻 Example: Global cryptocurrency cap is $2.10 Trillion
👉🏻 Example: $BSCS Total Supply is 397,747,735
👉🏻 Example: $ETH TVL is $45.979 Billion
💪 Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
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The Asia Blockchain Summit (ABS) 2024 is a major event that highlighted the latest trends and innovations in blockchain and Web3 technology.
ABS 2024's overarching theme is “Prospering in the Plural World of AI and Web3", specifically focusing on the economic and sociopolitical impacts and governance frameworks.
Keynote speakers included prominent figures
and many more.
The summit also featured specialized summits such as the TON Summit and the Web3 Game Con, as well as major showcases from industry giants like Solana, TRON, and Polkadot.
🇹🇼 Taiwan's role as a leading hub for Web3 innovation was a major highlight, with local tech giants ASUS and ACER, among others, showcasing their contributions to the blockchain space.
🚀 The event provided a platform for meaningful discussions, collaborations, and networking opportunities, ultimately shaping the future trajectory of blockchain technology and its applications across various industries.
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What actions are you taking as an investor in the current blockchain market?
Anonymous Poll
73%
HODL
18%
Diversifying Portfolio
14%
Sell to Minimum Loss
27%
Staking
10%
Waiting on the Sidelines
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After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
👉🏻 Let's see if you missed any news!
I. Event and Highlight News
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💠 DEX View
- Optimize and enhance the overall user experience
IV. Communities
• Telegram Channel: 89,932
• Twitter: 419,359
• Youtube: 18,500
• Facebook: 12,063
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🔊Weekly Market Highlights #110: August 5 - August 11
✨The crypto market crash continues to shake investors, with BTC plummeting to $49K on August 5—its lowest price since February 2024.
✨Over the past week, the crypto market total capitalization increased by ~$16B (from ~$2,042B to ~$2,058B).
✨BTC's Price Fluctuated ~30%
✅Last weekend was ruled by the bears, dragging the primary cryptocurrency down from $66K on Friday to $57K by Sunday evening. The situation worsened Monday as the price plummeted to $49K, marking BTC’s lowest point in about six months.
✅However, the asset began to regain some ground in the following days, peaking on Friday morning at nearly $63K, which meant BTC had recovered over $13K in value in less than a week.
✅Despite this rebound, BTC struggled to maintain its momentum and retracted by a few thousand dollars. Since then, the market has been choppy, but BTC has stabilized around $59K.
✨Altcoins' Week of Recovery
✅After a sharp decline, what we often see is a recovery of Altcoins, green flooding the market again
✅XRP and BNB are also noteworthy gainers among the larger-cap altcoins, rising by just over 17% and 13%, respectively. As a result, XRP is now trading at approximately $0.56, while BNB has climbed above $500.
✅ETH, SOL, ADA, AVAX, SHIB, and BCH are also slightly in the green, while FET and MKR are the only two names in the top 50 in red.
✅The total crypto market cap is $2,058B on CoinMarketCap.
✅Total 2 Index (Marketcap excluding BTC) is now at $855B
✨Bitcoin Fear and Greed Index is 25 - Extreme Fear, lower than at the beginning of the week (26)
✨Dominance:
✅BTC: 56.3%
✅ETH: 14.9%
📣See you next week!
🔶 BSCS Official Media Channels:
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✨The crypto market crash continues to shake investors, with BTC plummeting to $49K on August 5—its lowest price since February 2024.
✨Over the past week, the crypto market total capitalization increased by ~$16B (from ~$2,042B to ~$2,058B).
✨BTC's Price Fluctuated ~30%
✅Last weekend was ruled by the bears, dragging the primary cryptocurrency down from $66K on Friday to $57K by Sunday evening. The situation worsened Monday as the price plummeted to $49K, marking BTC’s lowest point in about six months.
✅However, the asset began to regain some ground in the following days, peaking on Friday morning at nearly $63K, which meant BTC had recovered over $13K in value in less than a week.
✅Despite this rebound, BTC struggled to maintain its momentum and retracted by a few thousand dollars. Since then, the market has been choppy, but BTC has stabilized around $59K.
✨Altcoins' Week of Recovery
✅After a sharp decline, what we often see is a recovery of Altcoins, green flooding the market again
✅XRP and BNB are also noteworthy gainers among the larger-cap altcoins, rising by just over 17% and 13%, respectively. As a result, XRP is now trading at approximately $0.56, while BNB has climbed above $500.
✅ETH, SOL, ADA, AVAX, SHIB, and BCH are also slightly in the green, while FET and MKR are the only two names in the top 50 in red.
✅The total crypto market cap is $2,058B on CoinMarketCap.
✅Total 2 Index (Marketcap excluding BTC) is now at $855B
✨Bitcoin Fear and Greed Index is 25 - Extreme Fear, lower than at the beginning of the week (26)
✨Dominance:
✅BTC: 56.3%
✅ETH: 14.9%
📣See you next week!
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🥇 Top 1: 25 USDT
🥈 Top 2: 20 USDT
🥉 Top 3 : 15 USDT
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