BNB Chain completes the 31st BNB burn, destroying 916 million USD worth of tokens
Recently, BNB Chain announced the completion of the 31st periodic token burn, marking an important step in the strategy to reduce the total supply of BNB tokens to increase long-term value. A total of 1,579,208 BNB, equivalent to approximately 916 million USD at the time of execution, has been removed from circulation. This event continues to affirm BNB Chain's commitment to maintaining a deflationary model, aimed at strengthening BNB's position in the cryptocurrency market.
Ethereum confirms May 7 as launch date for Pectra upgrade
After two failed testnet launches in March, ETH developers were forced to delay the deployment of the Pectra mainnet upgrade, and the confirmed date of May 7 will be the launch date - the largest upgrade since the Dencun upgrade (03/2024). Pectra – A comprehensive upgrade for Ethereum The Ethereum Pectra upgrade on May 7 will include 11 Ethereum Improvement Proposals (EIPs) being deployed simultaneously. These improvements not only optimize network performance but also introduce many new features for users and developers.
Prime Minister Pham Minh Chinh holds an urgent meeting before tax pressure from the US
Prime Minister Pham Minh Chinh directs the establishment of a Rapid Response Team, requesting ministries and sectors to be proactive and flexible in response to the tax shock from the US.
The 46% tax rate threatens a range of key export goods, from electronics and textiles to agricultural products. How will Vietnam respond?
👉Read now at: https://theblock101.com/thu-tuong-hop-khan
How is Vietnam proposing to tax cryptocurrency investors?
Vietnam is emerging as one of the leading countries in the world in terms of interest in cryptocurrency, with about 17 million people owning this digital asset. In the context of the continuously expanding cryptocurrency market, the Ministry of Finance of Vietnam is actively accelerating the process of building a legal framework to effectively manage and maximize the economic potential that this sector brings. Below are the proposals currently being considered to tax cryptocurrency investors.
ETH breaks the 1800$ threshold - Is this the time to buy $ETH?
The price has just undergone a sharp correction over the past two weeks. This price drop not only triggered more than 114 million USD in liquidations of leveraged ETH futures contracts but also pulled the futures premium compared to the spot market down to its lowest level in over a year. Some optimistic traders view this as a signal of a bottom, opening up buying opportunities. But is this perspective truly based on solid grounds? Let’s analyze the data to clarify.
Are Ghibli-themed memes becoming popular? Are there hidden risks?
Ghibli-themed meme coins are becoming a trend thanks to the combination of art, pop culture, and the cryptocurrency market. In particular, the feature of creating Ghibli-style images in ChatGPT-4o has boosted this wave on social media. However, this trend also carries risks, from copyright issues with Studio Ghibli to the high volatility of the meme coin market. Is this an investment opportunity or just a temporary craze?
Bitcoin price stabilizes – Is the next explosion coming soon?
Bitcoin ($BTC ) has undergone a period of strong volatility recently, but currently, the price seems to be stabilizing around 87,000 USD. This raises questions among many investors: Is this a sign of weakness, or is Bitcoin just accumulating to prepare for a new explosion? Bitcoin struggles against market pressure. In recent days, Bitcoin has struggled to maintain its upward momentum due to several influencing factors from the global financial market. One of these is the revised U.S. Q4 GDP data, which was increased to 2.3%, higher than expected. Along with this, the lower-than-expected jobless claims indicate that the U.S. economy remains stable, which may lead the Federal Reserve (Fed) to continue maintaining high interest rates to control inflation.
Vietnam reduces import taxes to avoid retaliatory tariffs from Trump
In light of the significant changes in U.S. import tax policy, particularly President Donald Trump's announcement of a 25% tax on all cars not produced in the U.S., Vietnam is considering adjusting import taxes on certain goods from the U.S. to reduce the risk of retaliatory measures being applied. U.S. tightens tax policy On March 26, President Trump announced a 25% import tax on all types of cars not produced in the U.S., a tax rate ten times higher than before. This policy is expected to take effect on April 2, aiming to encourage domestic production and reduce dependence on imported goods. However, this decision has caused a wave of concern globally, especially among America's major trading partners such as Mexico, Japan, South Korea, Canada, and Germany.
👀The vast majority of betting sites currently have a winning probability of 70-80% for Donald Trump in the race for the White House.
🟢Personally, I believe that the victory of former President Trump will have a very positive impact on Crypto in the short term, especially the victory of super billionaire Elon Musk.
🕯Elon Musk remains the famous "price inflator" of the market, especially with memecoins like Doge, Floki, or the recently mentioned Shrub.
NFT Investing: What are the Potential Benefits and Risks for Newcomers?
NFT is increasingly becoming a "fever" in the field of crypto investment in particular and finance in general. However, along with the opportunities when investing in NFTs come potential risks, especially for newcomers when investing in this market. 1. Overview of NFTs 1.1. What are NFTs? NFT stands for Non Fungible Token and is a unique type of digital asset represented and stored on the blockchain.
7 notes to avoid LOSING MONEY when participating in DeFi investing
DeFi has been around since 2017, but 2020 will be the year DeFi really explodes. DeFi has opened up new financial services full of potential but also full of risks. In the article below, Theblock101 explores with you the risks and potential when participating in DeFi projects. 1. Overview of DeFi DeFi (Decentralized Finance) decentralized finance, in which financial services are provided through decentralized platforms, based on blockchain technology and smart contracts. DeFi allows users to perform traditional financial services without the need for intermediaries, and those transactions will be performed entirely on their own through smart contracts.
6 ways to protect your cryptocurrency wallet safely you should know
The decentralized finance market and cryptocurrency are increasingly attracting the attention of investors with the huge profits they bring. However, new users are still quite hesitant in accessing the market due to barriers regarding safety and security in storing assets on e-wallets. So how can investors protect their e-wallets and assets with peace of mind? We will learn through the article below.
As a new market DeFi opens up opportunities to make high profits. Here are 6 ways to help you make money effectively in DeFi. 1. Overview of DeFi DeFi (Decentralized Finance) decentralized finance, in which financial services are provided through decentralized platforms, based on blockchain technology and smart contracts. DeFi allows users to perform traditional financial services without the need for intermediaries, and those transactions will be performed entirely on their own through smart contracts.
What is HYIP? Should newbies invest for super profits?
In the volatile market of investment and finance, HYIP - Super Profit Investment Programs, has attracted the attention of many people with promises of outstanding profits in a short time. However, it is worth noting that HYIPs are often not transparent in structure and operations. 1. What is HYIP? What is HYIP investment? HYIP (High-Yield Investment Program) investment is a type of risky and volatile investment in which investors are promised extremely high returns in a short period of time by investing money in programs different programs or projects.
What should crypto players do if the economy is in recession?
When people talk about an economic recession, they often think of a decline in economic activity in a country or region. Typical signs include falling production, rising unemployment and reduced cash flows into the financial system. This can affect many aspects of life, from personal income to the financial market in general and the crypto market in particular.
What problem is Bitcoin solving? Why should you invest in Bitcoin?
Bitcoin has gone through a long journey from a currency worth only a few coins to becoming a highly valuable asset and has a certain influence on the cryptocurrency market in particular and the financial market in general. shared. The traditional financial market itself has many shortcomings as I just analyzed above, creating conditions for the birth of new financial solutions such as Bitcoin.
Which Bitcoin investment method is the safest? | Real investment battle #5
The crowd often trades based on emotions and other people's beliefs, so when they lose, they become angry and blame others. To become a good trader, try to escape the crowd and find for yourself a safe and suitable investment method. To do this, you need to equip and improve your knowledge to be more confident when trading in the financial market.
Technical analysis (TA) is one of the most used ways to analyze financial markets. TA can be applied to any underlying financial market, whether it is stocks, forex, gold, or cryptocurrencies. 1. Introduction While the basic concepts of technical analysis are relatively easy to grasp, there is an art to mastering them. If you are not careful and learn from your own mistakes, users will most likely risk losing a significant portion of their capital. Learning from mistakes is great, but if you can avoid unnecessary mistakes, things will become easier.
“Hold to die” is one of the popular terms in the crypto world, but there are two ways to understand it. So with what meaning should we understand this term correctly? Let's find out through the article below! 1. What is “Hold to die”? "Hold to die" is a popular phrase in the financial investor community, especially in the cryptocurrency market. It refers to holding on to a particular cryptocurrency and not selling it until a large enough profit is generated to sustain the investor for the rest of his life.