Tag: Bitcoin
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Binance Announces $500 Million Initiative To Support Bitcoin Miners
Binance Pool, the mining platform that is part of the Binance ecosystem, recently announced a $500 million miner lending project to support miners through the crypto winter. $500 million loan project from Binance Pool On October 14, crypto giant Binance launched $500 million in funds for a miner lending project, with the goal of supporting […]
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Binance CEO CZ Says Bitcoin, Ethereum and Rest of Crypto Should Decouple From Stocks
Cryptocurrencies break from their correlation with the stock market Binance CEO Changpeng Zhao says that the limited supply of cryptocurrencies, particularly large-cap assets like Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB) could soon break from their correlation with the stock market. In a new interview on CNBC, Zhao says that unlike fiat, the amount […]
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Binance CEO Downplays Tesla’s Bitcoin Snub
CZ underestimates Tesla’s sale of Bitcoin In a recent tweet, Binance CEO Changpeng Zhao downplayed the importance of Tesla’s Bitcoin snub, claiming that Tesla’s holdings are just “a drop in the ocean.” https://twitter.com/cz_binance/status/1550094755065118721?s=20&t=SEct8-S-5TK12GXDt2rPdA Zhao has estimated that up to $100 billion worth of Bitcoin is traded every day. Tesla sells Bitcoin As reported by U.Today, […]
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What are the differences between investment and speculation?
The Covid-19 pandemic is a big boost for the economy, business activities are stagnant for a long time due to the lockdown. Therefore, the trend of participation in the financial market also began to arise and increase. However, many people still wonder if they are “speculating” or “investing“? Investment and speculation are considered as a […]
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Bitcoin continues to become green again after decline
The world’s largest cryptocurrency, Bitcoin (BTC), has held steady gains for the first week in a 10-week period. To date, Bitcoin is trading up 4% at $30,990 with a market capitalization of $589 billion. On the weekly chart, Bitcoin is up 2.32%. On the technical chart, Bitcoin is still trading above the 200-day moving average […]
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What is inflation? All you need to know about cryptocurrencies and inflation
What is inflation? Inflation is the decrease in the value of a currency that results in increasing the overall price of commodities and services over time. When the overall price increases, a unit of currency will buy fewer goods and services than in the past. Inflation reflects a decline in purchasing power per unit of […]
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When should we withdraw profits from cryptocurrencies?
With the development of the cryptocurrency market, even experienced traders need to have an investment strategy that evaluates the best time to buy and sell. While there is no perfect method and formula for calculating the market, there are plenty of tips and investment strategies you can consider to choose the right time to withdraw […]
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What is altcoin? Advantages and disadvantages of altcoins
What is Altcoin? Altcoin is an abbreviation for Alternative + coin, which refers to cryptocurrencies other than Bitcoin (BTC). Altcoins can be alternative digital assets from the second popular coin, Ethereum (ETH), to one of thousands of coins with very low market value. Types of Altcoin Depending on function and consensus mechanism, altcoins are divided […]
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What is Filecoin? How does Filecoin work?
What is Filecoin (FIL)? Filecoin is a decentralized storage network, designed to store important user information, anyone can buy storage space on the network. Instead of just trusting a company with important data, it can be broken down and stored on different computers around the world. Filecoin was first introduced in 2014 when Juan Benet […]
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What is Binance Futures? How to use futures on Binance
Launched on September 12, 2019, Binance Futures has paved the way for Binance in particular and the cryptocurrency market in general. 125x leverage creates opportunities as well as risks for risk –appetite traders. Don’t miss this article because it will help you understand what Binance Futures is and how to get involved. What is Binance […]
