The cryptocurrency boom is increasing in Venezuela 🇻🇪
The cryptocurrency market in Venezuela has seen remarkable growth, reaching $11.7 billion in the second quarter of 2024, according to the firm Chainalysis. This increase is partly due to the population's search for alternatives to combat the devaluation of the bolivar.
The stablecoin USD Coin (USDC) is natively available on Sui, a cryptocurrency and token network compatible with the Ethereum Virtual Machine (EVM), as of today, October 8. The fact that#USDCis natively on#Suimeans that it is officially issued by the Circle company on that network and is not a “wrapped” token issued by a particular developer. Previously, there was at least one “wrapped” version of USDC on Sui, wUSDC. Circle clarifies that Wormhole (the developer of that other token) was “an integral part of the growth of USDC on Sui.” In any case, Circle emphasizes that wUSDC is not issued by them nor is it equivalent to the “official” token.
Investors, traders and analysts are predicting astronomical figures for Bitcoin in the coming months. But what if that doesn't happen? What if the Bitcoin bull market is already over? Historical precedents seem to support the hundreds of analysts who expect an imminent bull run. But... says Nicolás Antiporovich, Head of Markets at CriptoNoticias: Blindly believing that history will always repeat itself, as if it were a dogma of faith that does not admit questioning, can be dangerous. Bitcoin has proven to be an asset that breaks expectations and, at this point, it is valid to wonder if it will not break them once again. #TopCoinsSeptember #Bitcoin $BTC
What is the "Petroyuan" that BRICS seeks to dethrone the Dollar?
The BRICS are considering using the Chinese yuan for oil payments in order to reduce dependence on the US dollar. The BRICS alliance, consisting of Brazil, Russia, India, China and South Africa, is reportedly considering introducing a “petroyuan” to compete with the dollar’s dominance in global oil trade. This issue is expected to be discussed at the upcoming BRICS summit in Kazan, Russia, to establish an alternative to paying for oil in dollars using the yuan.
🎮#Binancelaunches#Telegramgame with $200K in rewards. The#exchangewill distribute 145 million DOGS and 15 million#NOTtokens among users who complete the missions.
If Nakamoto is revealed how will it affect the price of Bitcoin?
The revelation of the identity of the creator of #Bitcoin, known as Satoshi Nakamoto, could have both beneficial and harmful effects: Benefits: Transparency and Trust: Knowing Nakamoto's identity could increase trust in Bitcoin, as the mystery and speculation surrounding him would be eliminated. Legitimacy: It could further legitimize Bitcoin in the financial and regulatory arena, facilitating its adoption by institutions and governments. Disadvantages:
Metaverse: The End or Beginning of a Narrative? The Metaverse, a form of virtual interaction that has the potential to revolutionize industries such as video games, entertainment, e-commerce and education, by providing virtual spaces for shared activities and experiences. A new university center opens its doors in the Metaverse The Catholic University of Salta (UCASAL) in Argentina is looking to take an innovative step forward with a new project it has launched. This is the University Institute for Rehabilitation in the Metaverse. Although it is in the testing phase, the idea is to be able to provide students with all its research, development and innovation services in the Metaverse.
#MyFirstSquarePost First day on Binance Square? We love to share and connect with everyone here.$$ Is the Price Up or Down This Week?
Factors Influencing the Price Market Sentiment: Global news and events can significantly affect the price of Bitcoin.
Institutional Adoption: Entry of large investors and companies can boost the price.
Regulation: Changes in cryptocurrency regulation in different countries can cause fluctuations in the price.
Short-Term Outlook Although the price of Bitcoin has shown a slight recovery this week, it is still a volatile investment. Investors should keep an eye on news and events that may influence the market.