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#BitcoinBasics Once dismissed as a fringe interest of tech evangelists, cryptocurrencies—particularly bitcoin—have skyrocketed to mainstream popularity and trillion dollar valuations. In November 2021, the price of bitcoin surged to more than $60,000 for the first time, though it has since fallen. As of mid-2023, an estimated 17 percent of U.S. adults polled by the Pew Research Center had invested in, traded, or used cryptocurrency. because it is influenced by supply and demand, investor and user sentiments, government regulations, and media hype. All of these factors work together to create price volatility. Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. Once dismissed as a fringe interest of tech evangelists, cryptocurrencies—particularly bitcoin—have skyrocketed to mainstream popularity and trillion dollar valuations. In November 2021, the price of bitcoin surged to more than $60,000 for the first time, though it has since fallen. As of mid-2023, an estimated 17 percent of U.S. adults polled by the Pew Research Center had invested in, traded, or used cryptocurrency. because it is influenced by supply and demand, investor and user sentiments, government regulations, and media hype. All of these factors work together to create price volatility. $BTC $BNB $ETH
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#CreatorPad you have an idea for a project in crypto, but lack the tools and support to get started? In the world of Web3, not only technology matters, but also the community, partners, and a secure launch. CreatorPad is a platform that helps creators transition from concept to real product: 🚀 Project and tokenomics preparation 🤝 Building and engaging a community 🔒 Secure market launch Your idea deserves the best start. Enter an ecosystem where innovation meets opportunities. #Write2Earn
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#DeFiGetsGraded DeFi grading systems have emerged to assess the risks and stability of decentralized finance protocols, helping investors navigate this complex space. Here are key points about how DeFi protocols are graded: DeFi Pulse Economic Safety Grade: DeFi Pulse, in collaboration with Gauntlet Networks, introduced a grading system to evaluate DeFi protocol risks, focusing on insolvency risks for lending protocols. It uses a 0-100 scale, with higher scores indicating safer investments.
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bitcoin quiz
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#BTCHashratePeak Observing the recent surge to a new hashrate peak carries important signals for Bitcoin’s network and the mining economy. A rising hashrate generally reflects stronger miner participation and higher hash power, which improves network security and makes attacks more expensive. For miners, sustained increases mean tighter margins for less efficient rigs and greater competition for block rewards,
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