informationuseful

A cryptocurrency is a digital asset designed to function as a medium of exchange using cryptography to secure transactions, control the creation of new units, and verify the transfer of assets.
It generally relies on a blockchain, a distributed, decentralized, and immutable ledger.

Key technical components:

Blockchain:

It is a distributed database where each block contains:

a list of validated transactions,

a timestamp,

the hash of the previous block (ensuring continuity),

Crypto market stumbles into the week, some altcoins are defying gravity with unexpected performance. While the global crypto market saw a staggering $27 billion drop in market cap over the past 24 hours, three projects—MANTRA (OM), Pi Network (PI), and PEPE—have managed to grab investor attention. What’s driving their volatility, and could these tokens present short-term opportunities?OM Coin: Whale Transfer Sparks Panic Amid Plunge
OM, the native token of the MANTRA protocol, suffered a jaw-dropping drop of nearly 90% in just one day, raising eyebrows across the trading community. A significant contributor to the decline appears to be a suspicious 3.9 million OM token transfer to OKX, triggering concerns over insider activity.
Market speculation points to potential involvement from the project team itself, deepening investor unease. Should the panic continue, OM risks revisiting its December 2023 lows of $0.024. Conversely, if sell pressure eases and buyers regain confidence, analysts say OM could bounce back toward the $1.25 mark—a level last tested during previous bullish sentiment.PI Coin: Steady Climb Defies Market TrendsUnlike OM, Pi Network’s token PI continues to show strength despite the red tides elsewhere. Trading at $0.75 with a 1.2% daily uptick, PI has recorded an impressive 32% gain in the past week.Technically speaking, the RSI (Relative Strength Index) has climbed to 48.37, nearing bullish territory. A sustained break above this could accelerate the climb toward $1.01, a psychological and technical resistance level. That said, any weakening in broader market momentum may result in a retracement back to $0.40, putting bullish bets at risk.PEPE Coin: Meme Coin Mania Reignites?pepe coin Known for its meme-driven market behavior, PEPE has once again emerged as a crowd favorite. Its 0.4% price increase may seem modest, but a 16% surge in trading volume, pushing it to $685 million, reveals renewed speculative interest.Volume spikes often precede price action, and if PEPE maintains its current pace, a breakout to $0.0000097 is on the table. However, as with all meme coins, sentiment shifts quickly. A loss of momentum could drag PEPE back to the $0.0000057 zone—making risk management crucial for traders eyeing fast profits]''These altcoin performances underline a critical point: individual tokens may buck market trends, but with great opportunity comes great risk. Investors should remain vigilant, especially with volatile assets like OM and PEPE. Technical indicators such as RSI, volume flows, and on-chain activity offer valuable clues—but none are infallible.These altcoin performances underline a critical point: individual tokens may buck market trends, but with great opportunity comes great risk. Investors should remain vigilant, especially with volatile assets like OM and PEPE. Technical indicators such as RSI, volume flows, and on-chain activity offer valuable clues—but none are infallible''.$OM $PEPE #SECGuidance #informationuseful #BinanceSquareTalks .

The markets can sometimes shift rapidly. And while volatility offers plenty of opportunities for big wins, it can also result in hefty losses. Like many investors, I know firsthand how difficult it is to rebuild confidence after a particularly stinging setback. If tough market conditions in the past have left you with cold feet, consider this six-point plan to help you start trading again.
Learn from your mistakes. Traders need to be able to recognize their strengths and weaknesses—and plan around them.Keep a trade log. ...Write it off. ...Slowly start to rebuild. ...Scale up and scale down. ...Use limit and stop orders.

These tools can help reduce the impulse to hang on to a position for longer than you planned or purchase a hot stock for more than you believe it's worth. That said, limit orders do not guarantee the order will fill, and stop orders do not guarantee you'll get the price you set.

The current state of the cryptocurrency market has left many feeling like they are riding a rollercoaster of emotions. Despite its usual unpredictable nature, there seems to be a newfound sense of rationality in the air. With a total market capitalization of $2.66 trillion and Bitcoin reclaiming its position as the dominant player with a 51.56% market share, one might wonder what has caused this shift in sentiment.
The global economic landscape is undoubtedly playing a significant role in this newfound interest in cryptocurrencies. With the Federal Reserve holding firm on interest rates, economic indicators fluctuating, and inflation creeping up, individuals are seeking stability in their investments. Surprisingly, crypto appears to offer a sense of security compared to the traditional stock market, leading to a surge in interest from investors. While this behavior may seem irrational at first glance, it is actually quite predictable given our innate tendencies to seek stability in times of uncertainty.
Furthermore, the cryptocurrency market itself seems to be maturing, displaying a more stable trajectory akin to that of a growing child. The steady rise in total market capitalization since January and the emergence of spot Bitcoin ETFs have caught the attention of serious investors, sparking a herd mentality among the masses. The allure of investing in Bitcoin without the hassle of ownership has made this new option particularly attractive, further fueling the market's growth.
Adding to the excitement is the upcoming Bitcoin halving event in April, which has generated a considerable amount of hype reminiscent of past crazes like Beanie Babies. The prospect of scarcity created by halving events historically leads to price surges, prompting investors to jump on the bandwagon out of fear of missing out (FOMO). Similarly,
The Meme Coin Making a Meme Comeback. Dogecoin, The Shiba Inu with its own cryptocurrency. It shouldn't be a thing, but here we are. Doge's price surge is a perfect example of how our emotions can cloud our judgment. Whales (big investors) are buying it up, Elon Musk is hinting at using it for his new payment platform, and suddenly everyone wants a piece of the Doge pie. This emotional rollercoaster is why Dogecoin is now at its highest price since 2022. Is it a good investment? Who knows! But it sure is a fun ride, at least until the hype bubble bursts.
The Bottom Line: Be Cautious, This is Still Crypto
Despite the current optimism surrounding cryptocurrencies, it is essential to exercise caution when navigating this volatile market. While the current surge may seem mbitore rational than previous frenzies, it is crucial to conduct thorough research, understand the associated risks, and refrain from investing more than one can afford to lose. Cryptocurrency investments, though exciting, remain inherently risky, and one must approach them with a level head to avoid potential pitfalls. In the end, while the crypto rollercoaster may provide thrills, it is essential to remember that it can take unexpected turns at any moment. #informationuseful #KnowledgeIsPower #BitcoinTrends" #StaySafeInvestSmart #StayTuned @King_of_info-001

If you’re like me and want to dive deeper into the world of decentralized finance (DeFi), NFTs, and DApps, then Binance’s Web3 Wallet is an incredible tool to get started. This wallet is designed to give you direct, secure access to the decentralized web, all within the familiar Binance app. Here’s how I set it up, use it, and manage it.

What is the Binance Web3 Wallet?

Think of the Binance Web3 Wallet as a self-custody wallet. That means I have full control over my assets and private keys—no intermediaries. This wallet gives me an easy way to interact directly with blockchain-based applications like DeFi projects, NFT platforms, and more. Plus, it’s all within the Binance app, making it secure and convenient.

Step 1: Setting Up the Web3 Wallet

1. Open the Binance App

First, I make sure I’m logged into my Binance account on the mobile app. If you don’t have the latest version, update it to ensure you get all the features.

2. Find Web3 Wallet

From the main screen, I go to [Wallets] and tap on [Web3 Wallet] (you might see it as “Binance DeFi Wallet”).

3. Create Your Wallet

Here, I create a new wallet. Binance will guide you through setting up a password. This password is crucial because it protects access to the wallet, so make sure it’s a strong one you’ll remember.

4. Back Up Your Seed Phrase

Here’s the most important part—backing up my seed phrase. It’s a 12- or 24-word phrase that acts as my backup. I write it down (don’t save it online!) and store it somewhere safe. Without this phrase, there’s no way to recover my wallet if I lose access.

Step 2: Using the Web3 Wallet

Now that the wallet is set up, I can start using it to interact with blockchain-based services, send/receive assets, and even explore DApps.

1. Adding Funds

To use the Web3 Wallet, I transfer assets from my main Binance Wallet. I go to [Transfer] in the Web3 Wallet, pick the crypto I want, enter the amount, and confirm the transfer.

2. Accessing DApps

This is one of my favorite parts. In the Web3 Wallet, I can access decentralized apps (DApps). Under [DApps], I can explore apps for DeFi, gaming, and NFTs. I just select a DApp, and my wallet connects to it automatically.

3. Making Transactions

Send Assets: To send crypto, I tap [Send], enter the recipient’s wallet address, and the amount.

Receive Assets: When someone wants to send me funds, I tap [Receive] to get my wallet address or a QR code that I can share with them.

Step 3: Managing My Assets

The Binance Web3 Wallet makes it easy to keep track of everything.

1. Viewing My Portfolio

Under [Assets], I can see a breakdown of all my cryptocurrencies in the Web3 Wallet, their balances, and values.

2. Checking Transaction History

I like to keep tabs on my activity, so I check the [History] section, which has details on deposits, transfers, and DApp interactions.

3. Switching Networks

If a DApp requires a specific network, I can change it in [Network Settings]. Binance Web3 Wallet supports networks like Ethereum and BNB Smart Chain, so I have flexibility with the DApps I want to use.

Security Tips I Follow with My Web3 Wallet

Since the Web3 Wallet is a self-custody wallet, security is on me. Here’s what I do to keep my wallet safe:

Secure My Seed Phrase: I never store my seed phrase online or share it with anyone. A safe offline spot is ideal.

Enable 2FA and Biometric Authentication: I turn on two-factor authentication (2FA) or biometric unlocks for extra security.

Verify DApps: Not all DApps are trustworthy, so I only connect to reputable ones. It’s always worth double-checking the URL and doing a bit of research before diving in.

Why I Love Binance’s Web3 Wallet

With Binance’s Web3 Wallet, I can be part of the Web3 revolution, exploring NFTs, DeFi, and DApps all in one app. Plus, Binance’s focus on security gives me peace of mind while managing my digital assets.

If you’re ready to explore the future of finance and blockchain, try setting up your own Binance Web3 Wallet—it's an experience you won’t want to miss!
#informationuseful
#BeginnerTrader
#cryptofestival