🌐 Beginner's Guide to Cryptocurrency

🔹 What is Cryptocurrency?
A digital or virtual currency secured by cryptography, enabling secure, peer-to-peer transactions without relying on banks.

🔹 Blockchain Basics
Cryptocurrency transactions are recorded on a blockchain, a decentralized ledger ensuring transparency and security.

🔹 Types of Blockchains
1. Public: Open to everyone (e.g., Bitcoin).
2. Private: Restricted access.
3. Hybrid: Combines public and private features.
4. Consortium: Controlled by a group of organizations.

🔹 Buying Crypto
Use trusted exchanges like Coinbase, Binance, and Gemini.

🔹 Crypto Wallets
Essential for storing crypto securely. Options include Phantom, MetaMask, and Ledger.

Crypto Calendar for November 2024

📊 Market Overview:

BTC : $68940
ETH : $2474.85
BNB : $561.11
SOL : $163.96

⚡ Dominance :

BTC : 56.70 %
ETH : 12.38 %
Stables : 6.47 %

📈 Market Cap :

Total : 2.4T
DeFi : 66.75B
24hr Vol : 96.96B

Bitcoin hits $69,000 today!

DONALD TRUMP WIN-GETTING FACTORED

BITCOIN NEAR $75K MARK-Hits Record High Level
Crypto market capitalization up 11% in last 24 hrs-Mkt Cap near $2.5tn

Risk on appetite-Called as Trump Trade
Trump endorsed digital assets during campaigning.

📊 JUST IN : Bitcoin hits $73,000

Donald Trump’s Victory Speech Highlights:

▫️ Reducing National Debt: Trump emphasized a commitment to lowering the national debt, calling it a top priority.

▫️ Tax Reductions: He promised tax cuts aimed at reducing burdens on businesses, with the goal of spurring economic growth.

▫️ Ending Wars: Trump pledged to keep the U.S. out of prolonged conflicts and actively work towards peaceful resolutions worldwide.

▫️ Praise for Elon Musk: He acknowledged Elon Musk as a "super genius," commending his contributions to technological advancement.

▫️ Support for Cryptocurrency: Trump also expressed openness to supporting the cryptocurrency market, aiming to create favorable conditions for its growth.

📊 Market Overview:

BTC : $74993
ETH : $2814.91
BNB : $187.34
SOL : $594.91

⚡ Dominance :

BTC : 56.27 %
ETH : 12.85 %
Stables : 6.00 %

📈 Market Cap :

Total : 2.64T
DeFi : 78.14B
24hr Vol : 193.08B

📊 Market Overview:

BTC : $76163
ETH : $2938.1
SOL : $203.08
BNB : $598.63

📈 Market Cap :

Total : 2.7T
DeFi : 81.04B
24hr Vol : 171.44B

⚡ Sentiment :

FGI : Greed (75)
Open Interest : 46.82B
24h Liquidation : $239.4M

📊 Market Overview:

BTC : $76348
ETH : $3035.74
SOL : $200.22
BNB : $623.32

📈 Market Cap :

Total : 2.72T
DeFi : 83.24B
24hr Vol : 165.64B

⚡ Sentiment :

FGI : Greed (75)
Open Interest : 46.74B
24h Liquidation : $240.0M

📊 JUST IN : Bitcoin hits $78,000

📊 JUST IN : Bitcoin hits $79,000

📊 JUST IN : Bitcoin hits $81,000

Bitcoin hit an all-time high of $81,358, fueled by Trump’s election win, leading to $180M in short liquidations in the last 12 hours, with $67M from Bitcoin alone.

In total, $682.7M in long and short positions were liquidated across the market. BTC now dominates 59% of the crypto marketits highest in years

Bulls and bears of the crypto market, what are they?

Bulls - traders profiting from the growth of price, confident that the market will go up.

Bears - traders sure that the market is falling and selling their assets.

Bull and bear markets.

The market is considered to be a bull one, if there are more buyers than sellers.
Market participants "throw" the price upwards with their purchases, like a bull throws its prey with horns.

A bear market means that sellers outnumber buyers, pushing the price down as if a bear were pinning its prey to the ground.

Bitcoin reaches new all-time high of $92,000

The difference between these two screenshots is two years ⏱

This is why it is so important to choose the right coins to buy and never marry your bags 😲

📊 Market Overview:

BTC : $89779
ETH : $3101.49
SOL : $213.99
BNB : $619.85

📈 Market Cap :

Total : 3.1T
DeFi : 83.18B
24hr Vol : 275.28B

⚡ Sentiment :

FGI : Extreme Greed (80)
Open Interest : 55.08B
24h Liquidation : $501.5M