🚀 7 Biggest Bitcoin Myths! 🔍
1. Bitcoin is a Bubble: Critics often claim Bitcoin is a speculative bubble. However, Bitcoin has repeatedly recovered from downturns, reaching new all-time highs each cycle. 🚀
2. Bitcoin Has No Real-World Uses: Bitcoin's use cases are growing! From everyday payments to being a store of value, Bitcoin is increasingly integrated into financial systems globally. 💳
3. Bitcoin Doesn’t Have Real Value: Bitcoin’s value is derived from its limited supply (21 million BTC) and increasing demand. This scarcity drives its value much like precious metals. 💎
4. Bitcoin Will Be Replaced: Despite thousands of cryptocurrencies, Bitcoin remains the most valuable and widely recognized digital currency, serving as the gold standard in the crypto space. 🥇
5. Investing in Bitcoin is Gambling: While volatile, Bitcoin has shown a steady upward trend over the long term, offering significant returns for early adopters and long-term investors. 📊
6. Bitcoin Isn’t Secure: Bitcoin's blockchain technology is one of the most secure and has never been hacked. The decentralized nature of its network adds layers of security against attacks. 🔒
7. Bitcoin is Bad for the Environment: Bitcoin mining does consume energy, but the narrative is shifting towards sustainable mining practices. Many miners are now using renewable energy sources to reduce environmental impact. 🌱
1. Bitcoin is a Bubble: Critics often claim Bitcoin is a speculative bubble. However, Bitcoin has repeatedly recovered from downturns, reaching new all-time highs each cycle. 🚀
2. Bitcoin Has No Real-World Uses: Bitcoin's use cases are growing! From everyday payments to being a store of value, Bitcoin is increasingly integrated into financial systems globally. 💳
3. Bitcoin Doesn’t Have Real Value: Bitcoin’s value is derived from its limited supply (21 million BTC) and increasing demand. This scarcity drives its value much like precious metals. 💎
4. Bitcoin Will Be Replaced: Despite thousands of cryptocurrencies, Bitcoin remains the most valuable and widely recognized digital currency, serving as the gold standard in the crypto space. 🥇
5. Investing in Bitcoin is Gambling: While volatile, Bitcoin has shown a steady upward trend over the long term, offering significant returns for early adopters and long-term investors. 📊
6. Bitcoin Isn’t Secure: Bitcoin's blockchain technology is one of the most secure and has never been hacked. The decentralized nature of its network adds layers of security against attacks. 🔒
7. Bitcoin is Bad for the Environment: Bitcoin mining does consume energy, but the narrative is shifting towards sustainable mining practices. Many miners are now using renewable energy sources to reduce environmental impact. 🌱
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📊 Market Overview:
BTC : $66513
ETH : $3494.42
BNB : $591.63
SOL : $168.56
⚡ Dominance :
BTC : 51.55 %
ETH : 16.50 %
Stables : 5.81 %
📈 Market Cap :
Total : 2.55T
DeFi : 86.44B
24hr Vol : 92.02B
BTC : $66513
ETH : $3494.42
BNB : $591.63
SOL : $168.56
⚡ Dominance :
BTC : 51.55 %
ETH : 16.50 %
Stables : 5.81 %
📈 Market Cap :
Total : 2.55T
DeFi : 86.44B
24hr Vol : 92.02B
New project and gives coin based on your telegram account age
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Basics of Cryptocurrency for those who are new to this world
Cryptocurrency is a digital form of currency that uses cryptography for security and operates independently of a central authority, such as a government or financial institution. It is decentralized and typically based on blockchain technology, which is a distributed ledger that records all transactions across a network of computers.
Cryptocurrencies can be used for various purposes, including online transactions, investments, and remittances. Some popular cryptocurrencies include Bitcoin, Ethereum, and Ripple. Each cryptocurrency has its own unique features and uses, but they all share the common characteristics of being digital, secure, and decentralized.
Investing in cryptocurrencies carries risks, as their value can be highly volatile. However, many people see them as a promising alternative to traditional currencies and financial systems due to their potential for transparency, security, and accessibility.
Cryptocurrency is a digital form of currency that uses cryptography for security and operates independently of a central authority, such as a government or financial institution. It is decentralized and typically based on blockchain technology, which is a distributed ledger that records all transactions across a network of computers.
Cryptocurrencies can be used for various purposes, including online transactions, investments, and remittances. Some popular cryptocurrencies include Bitcoin, Ethereum, and Ripple. Each cryptocurrency has its own unique features and uses, but they all share the common characteristics of being digital, secure, and decentralized.
Investing in cryptocurrencies carries risks, as their value can be highly volatile. However, many people see them as a promising alternative to traditional currencies and financial systems due to their potential for transparency, security, and accessibility.
Global Crypto Today
BTC: $66,875 | 24H: +0.49%
ETH: $3,497 | 24H: +0.07%
SOL: $172.81 | 24H: +2.74%
TON: $7.14 | 24H: -2.75%
Top Tending
TURBO: $0.01 | 24H: +6.14%
Top gainer
CORE: $1.58 | 24H: +12.13%
Top loser
ENA: $0.474619 | 24H: -4.07%
BTC: $66,875 | 24H: +0.49%
ETH: $3,497 | 24H: +0.07%
SOL: $172.81 | 24H: +2.74%
TON: $7.14 | 24H: -2.75%
Top Tending
TURBO: $0.01 | 24H: +6.14%
Top gainer
CORE: $1.58 | 24H: +12.13%
Top loser
ENA: $0.474619 | 24H: -4.07%
What is play-to-earn, and what do I need to know about it?
The blockchain industry has had a profound influence on many aspects of our lives over the past few years. In the gaming sector, blockchain technology introduced a brand-new form of entertainment.
Gamers will be familiar with a modern concept of gaming, called pay-to-play, which means you have to buy the game to play. However, blockchain made possible a new gaming model called play-to-earn (P2E), where gamers can earn crypto or NFTs by playing the game.
Although the idea sounds promising on paper, the reality is that it isn’t simple or easy to earn significant sums from P2E games. Many projects require large up-front costs, others are aggressive and unfair with their tokenomics, and some are outright scammers.
Want to see what a P2E game looks like, without coughing up money? We’ve put together a list of free P2E games that don’t require money down to start playing, giving you a chance to start earning right from the get-go.
The blockchain industry has had a profound influence on many aspects of our lives over the past few years. In the gaming sector, blockchain technology introduced a brand-new form of entertainment.
Gamers will be familiar with a modern concept of gaming, called pay-to-play, which means you have to buy the game to play. However, blockchain made possible a new gaming model called play-to-earn (P2E), where gamers can earn crypto or NFTs by playing the game.
Although the idea sounds promising on paper, the reality is that it isn’t simple or easy to earn significant sums from P2E games. Many projects require large up-front costs, others are aggressive and unfair with their tokenomics, and some are outright scammers.
Want to see what a P2E game looks like, without coughing up money? We’ve put together a list of free P2E games that don’t require money down to start playing, giving you a chance to start earning right from the get-go.
🚀 Kamala Harris meme coin $KAMA sees 80% surge to all-time high 📈 following Joe Biden's decision to drop re-election campaign.
1️⃣ What Is Crypto Arbitrage❓
Crypto arbitrage trading — it is a trading strategy, which consists in simultaneous buying and selling of cryptocurrency on different crypto exchanges in order to profit from the difference in its prices. Arbitrage crypto is based on the principle of inefficient markets, where a token or coin may trade cheaper on one exchange and more expensive on another. Using this difference, traders can quickly buy an asset on one market and sell it on another, capitalizing on the price difference.
2️⃣ How Does Crypto Arbitrage Trading Work?✅
— Market Monitoring: A trader starts by monitoring cryptocurrency prices on various exchanges. Crypto prices can vary due to different levels of liquidity, trading volume, and other factors. Using specialized monitoring software or platforms, the trader finds arbitrage bundles.
— Buying cryptocurrency: The trader buys a cryptocurrency on an exchange where it trades at a lower price. The market’s liquidity must be considered to purchase the required amount of cryptocurrency without significantly affecting the price.
— Funds Transfer: The purchased cryptocurrency is transferred to another exchange, where it is traded at a higher price.
3️⃣ How to simplify the cryptocurrency arbitrage process?🔑
There are crypto experts and teams that quite realistically give working signals on crypto arbitrage for a % of your profit, on average it is 15-20%.
4️⃣ How much you can make. Real figures !💰💯
In the market it is considered that 3-4% from one round is the standard figures that can be earned. It turns out that with an investment of $1000, you earn $40 from one round, which takes 20-30 minutes.
For the most part, your earnings depend on the quality of the bundle, so it's best to enlist the help of experts in the field.
Crypto arbitrage trading — it is a trading strategy, which consists in simultaneous buying and selling of cryptocurrency on different crypto exchanges in order to profit from the difference in its prices. Arbitrage crypto is based on the principle of inefficient markets, where a token or coin may trade cheaper on one exchange and more expensive on another. Using this difference, traders can quickly buy an asset on one market and sell it on another, capitalizing on the price difference.
2️⃣ How Does Crypto Arbitrage Trading Work?✅
— Market Monitoring: A trader starts by monitoring cryptocurrency prices on various exchanges. Crypto prices can vary due to different levels of liquidity, trading volume, and other factors. Using specialized monitoring software or platforms, the trader finds arbitrage bundles.
— Buying cryptocurrency: The trader buys a cryptocurrency on an exchange where it trades at a lower price. The market’s liquidity must be considered to purchase the required amount of cryptocurrency without significantly affecting the price.
— Funds Transfer: The purchased cryptocurrency is transferred to another exchange, where it is traded at a higher price.
3️⃣ How to simplify the cryptocurrency arbitrage process?🔑
There are crypto experts and teams that quite realistically give working signals on crypto arbitrage for a % of your profit, on average it is 15-20%.
4️⃣ How much you can make. Real figures !💰💯
In the market it is considered that 3-4% from one round is the standard figures that can be earned. It turns out that with an investment of $1000, you earn $40 from one round, which takes 20-30 minutes.
For the most part, your earnings depend on the quality of the bundle, so it's best to enlist the help of experts in the field.
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Global Crypto Today
BTC: $67,635 | 24H: +1.09%
ETH: $3,493 | 24H: -0.13%
SOL: $179.73 | 24H: +3.98%
TON: $7.03 | 24H: -1.55%
Top trending
AITECH: $0.13 | 24H: -7.19%
Top gainer
TIA: $7.5 | 24H: +15.52%
Top loser
POPCAT: $0.90547 | 24H: -6.1%
BTC: $67,635 | 24H: +1.09%
ETH: $3,493 | 24H: -0.13%
SOL: $179.73 | 24H: +3.98%
TON: $7.03 | 24H: -1.55%
Top trending
AITECH: $0.13 | 24H: -7.19%
Top gainer
TIA: $7.5 | 24H: +15.52%
Top loser
POPCAT: $0.90547 | 24H: -6.1%
Cycle of Newly Listed Altcoins
Take a look at the charts of all newly listed altcoins (big ones), they all have the same structure that I marked on the #SUI chart:
Setting a low -> Breakdown of one -> Consolidation below with retest -> Breakout -> Ascending consolidation -> PUMP!
You can see the same chart on many other altcoins.
Make sure to save it in order to use in the future trades!
Take a look at the charts of all newly listed altcoins (big ones), they all have the same structure that I marked on the #SUI chart:
Setting a low -> Breakdown of one -> Consolidation below with retest -> Breakout -> Ascending consolidation -> PUMP!
You can see the same chart on many other altcoins.
Make sure to save it in order to use in the future trades!
🇮🇳 India's Finance Minister Nirmala Sitharaman has announced no changes to #crypto tax rules in the 2024-2025 budget.
What Are Some Common P2P Scams?
Fake proof of payment or SMS
Scammers may digitally alter receipts to convince you they have sent payment and trick you into releasing crypto to them. One example is the SMS scam where criminals forge a text message to notify the victim that they have received a payment.
How to avoid this scam: As a seller, you should only approve the transaction after checking if the payment is already in your wallet or bank account.
Fake proof of payment or SMS
Scammers may digitally alter receipts to convince you they have sent payment and trick you into releasing crypto to them. One example is the SMS scam where criminals forge a text message to notify the victim that they have received a payment.
How to avoid this scam: As a seller, you should only approve the transaction after checking if the payment is already in your wallet or bank account.
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Global Crypto Today
BTC: $66,617 | 24H: -1.47%
ETH: $3,504 | 24H: +0.35%
SOL: $174.96 | 24H: -2.63%
TON: $6.91 | 24H: -1.67%
Top trending
TON: $6.91 | 24H: -1.65%
Top loser
WIF: $2.54 | 24H: -10.18%
BTC: $66,617 | 24H: -1.47%
ETH: $3,504 | 24H: +0.35%
SOL: $174.96 | 24H: -2.63%
TON: $6.91 | 24H: -1.67%
Top trending
TON: $6.91 | 24H: -1.65%
Top loser
WIF: $2.54 | 24H: -10.18%
Major Global Headlines.
-Ethereum ETF inflows to impact price, says Kaiko
-Kamala Harris edges closer to facing Trump with 68% Democrat backing
-Mt. Gox records $3.2B in Bitcoin outflows within two hours
-Grayscale transfers 292,000 ETH, valued at over $1 billion, to Coinbase Prime
-XRP might reach $1 again in Q4, first time since 2021
-Trump concerns over China dominating crypto, justified?
-Chandra Duggirala discusses cross-chain risks, Ordinals, Runes, and more.
-Ethereum ETF inflows to impact price, says Kaiko
-Kamala Harris edges closer to facing Trump with 68% Democrat backing
-Mt. Gox records $3.2B in Bitcoin outflows within two hours
-Grayscale transfers 292,000 ETH, valued at over $1 billion, to Coinbase Prime
-XRP might reach $1 again in Q4, first time since 2021
-Trump concerns over China dominating crypto, justified?
-Chandra Duggirala discusses cross-chain risks, Ordinals, Runes, and more.
#BTC UPDATE:
BTC broke the support of 66k which was a strong region for BTC
Now the next strong support region for BTC will be the 65k level
The 66k level will now act as resistance
For the further bullish momentum BTC needs to flip this strong resistance level for the further bullish momentum.
BTC also has CME gap around the 58 to 60k levels sooner or latter BTC will reject and fill this gap so keep this thing in your mind while trading alts must use sl.
BTC broke the support of 66k which was a strong region for BTC
Now the next strong support region for BTC will be the 65k level
The 66k level will now act as resistance
For the further bullish momentum BTC needs to flip this strong resistance level for the further bullish momentum.
BTC also has CME gap around the 58 to 60k levels sooner or latter BTC will reject and fill this gap so keep this thing in your mind while trading alts must use sl.