BNB Smart Chain, formerly known as Binance Smart Chain, is a blockchain platform compatible with the Ethereum Virtual Machine (EVM), capable of executing universal smart contracts. It serves as a base layer, or Layer 1 (L1), that is part of the BNB Chain blockchain ecosystem, developed with the support of the cryptocurrency exchange Binance. It is known for its fast transaction times and low transaction costs. The BNB token is the fuel for BNB Smart Chain. Originally known as Binance Coin, BNB was renamed to 'Build and Build.' In addition to being used as a 'gas' token for BNB Smart Chain, BNB also provides its holders with rights to online governance. Initially, Binance was created as a discount token for traders, but the scope of the asset has since expanded. It is now a digital liquid token for all transactions within the Binance Smart Chain (BSC) ecosystem. It is also used for booking transportation tickets, paying loans, purchasing new coins launched on Binance Launchpad, and in some other areas.
$BTC When we talk about cryptocurrencies, the first thing that comes to mind is Bitcoin, Ethereum, and other digital assets. But behind these shiny names lies a fundamental principle that makes cryptocurrencies truly revolutionary: decentralization. Why is this aspect so important for the cryptocurrency community? Before delving into the topic, it is important to clearly understand what decentralization means. In traditional financial systems, decisions and control are concentrated in the hands of a few large organizations, such as banks and government structures. Decentralization implies that control is distributed among many network participants, excluding intermediaries. One of the main aspects that attracts people to cryptocurrencies is financial freedom. Decentralized networks allow users to control their financial resources without the intervention of third parties. Decentralization is not just a technical aspect of cryptocurrencies; it is a key philosophy that shapes their fundamental principles. It allows people to manage their finances independently, protects against fraud, and promotes transparency and innovation.
Since Blockchain is a way of storing and processing data on the network. Blockchain is a ledger for storing and transferring digital assets. Assets can be anything: money, stocks, game characters, artworks — anything at all. The idea is that blockchain allows you to take something on the Internet and say, 'This is mine.' And no one will be able to steal, hack, or rewrite it from you; let's consider types of network architectures.
Centralized networks are built around a single centralized server/main node that processes all main data and stores information about users that can be accessed by other users. From here, client nodes can connect to the main server and send data requests instead of executing them directly. A decentralized network distributes the workload of processing information across multiple devices instead of relying on one central server. Each of these individual devices serves as a mini-central block that independently interacts with other nodes. According to experts, by 2027, up to 10% of the world's GDP will be stored on the blockchain.
$BTC Each bitcoin is divided into 100 million parts, called satoshis (in honor of its creator Satoshi Nakamoto). This means that you can buy, sell, transfer, or send very small amounts, for example, 0.00000001 BTC or one satoshi. This makes cryptocurrency convenient for micropayments. The main difference between bitcoin and regular money is that it is stored not in a few payment systems and banks, but on all computers simultaneously that work with coins. Anyone has the opportunity to obtain all the information about cryptocurrency for the entire time of its existence. Bitcoin is much better than fiat money equivalents (dollars, rubles, etc.) that are under centralized control. For example, WMZ (an equivalent of the dollar in the Webmoney payment system) can fall into the hands of a fraudster if they gain access to the Webmoney server. In the case of bitcoin, this is not the case. If one computer where bitcoins are stored is hacked, and a change is made, the system will reject the altered block, as it will not match the other copies.
Stablecoins are a special type of cryptocurrency that, unlike Bitcoin or Ethereum, have low volatility. Their main function is to provide stability in value amidst the high variability of the crypto market. They are pegged to the prices of commodities (gold, oil) or fiat currencies (dollar, euro, yuan), which allows for a relatively constant exchange rate. Their main advantage is that they allow for preserving money in a digital equivalent of stable fiat currencies (dollar, euro), while also enjoying all the benefits of crypto: decentralization, security, transaction speed. Thus, stablecoins address one of the key problems of the crypto market - high volatility. They make cryptocurrencies a more reliable means of saving and accumulating money. Moreover, stablecoins are characterized by a different mechanism of operation. Unlike decentralized cryptocurrencies like Bitcoin, many popular stablecoins (Tether, USD Coin) have a centralized management structure.
#USNationalDebt Meme cryptocurrencies or meme coins are digital assets that often arise from popular internet memes and are, among other things, known for their extremely volatile nature. These cryptocurrencies are typically created as satire or social experiments, and their price largely depends on their popularity and cultural significance, rather than the technology behind them or their usability. Like Bitcoin (BTC) or Ethereum (ETH), meme coins are cryptocurrencies. In principle, some of the most popular meme coins are forks of existing cryptocurrencies, for example, Dogecoin (DOGE) was created as a fork of Litecoin (LTC) in 2013. However, to unofficially be called a "meme coin," as the name suggests, the meme behind the coin must remain its key feature. This definitely applies to Dogecoin, whose mascot—a Shiba Inu dog—has become synonymous with the crypto industry as a whole and even spawned its own new meme coins. Meme coins operate in the same way as other cryptocurrencies, that is, using blockchain, and some even utilize other networks. They share common hashing algorithms, and some—such as Dogecoin—can even be mined.
#XSuperApp Since Blockchain is a way of storing and processing data in a network. Blockchain is a ledger for storing and transferring digital assets. Assets can be anything: money, stocks, game characters, works of art – anything at all. The idea is that blockchain allows you to take something in the Network and say, “This is mine.” And no one will be able to steal, hack, or rewrite it from you. Let's consider types of network architectures.
Centralized networks are built around a single centralized server/main node that processes all core data and stores information about users that other users can access. From there, client nodes can connect to the main server and send data requests instead of executing them directly. A decentralized network distributes the workloads for processing information across multiple devices instead of relying on a single central server. Each of these individual devices serves as a mini-central block that independently interacts with other nodes. According to experts, by 2027, up to 10% of the world's GDP will be stored on the blockchain.
#SwingTradingStrategy The cryptocurrency world is diverse, and each token has its unique story. In April 2023, PEPE Coin was created, inspired by the famous internet meme "Pepe the Frog."
Pepe Coin (PEPE) is a popular meme cryptocurrency created on the Ethereum blockchain. Since its public launch, Pepe Coin has quickly become one of the 50 most traded cryptocurrencies.
This is not the same currency as PEPECASH, created in 2016. PEPE Coin is a completely new project with a focus on decentralization and the distribution of power among community members. Based on the Ethereum blockchain, PEPE Coin aims to enhance the influence of meme culture in the cryptocurrency world.
The team that deployed the initial smart contracts and liquidity pools for Pepe Coin is completely anonymous. The coin itself was inspired by the Pepe the Frog meme, which was created by artist Matt Furie in 2005. It is important to note that PEPE has no official connection to the original creator.
Unlike the meme cryptocurrency DOGE, which took nearly four years to exceed a market capitalization of $1 billion, Pepe Coin reached this milestone in just three weeks after launch. Although the price of PEPE has been extremely volatile since then.
$BTC One of the main features of the system is full decentralization: there is no central administrator or any equivalent. A necessary and sufficient element of this payment system is the basic client program (it has open source). The client programs running on multiple computers connect to each other in a peer-to-peer network, each node of which is equal and self-sufficient. One of the consequences of decentralization is the potential for 'double spending', that is, the transfer of the same bitcoins to different recipients. Under normal conditions, the inclusion of a transaction in the blockchain protects against this. However, if one controls more than 50% of the total computing power of the bitcoin network, there exists a theoretical possibility to 'replace' one chain of transactions with another.
Stablecoins are a special type of cryptocurrency that, unlike Bitcoin or Ethereum, have low volatility. Their main function is to provide stability in value amidst the high variability of the crypto market. They are tied to the prices of exchange-traded goods (gold, oil) or fiat currencies (dollar, euro, yuan), which allows for a relatively constant exchange rate. Their main advantage is that they allow for the preservation of money in the digital equivalent of stable fiat currencies (dollar, euro) while still having all the advantages of crypto: decentralization, security, and transaction speed. Thus, stablecoins address one of the key issues of the crypto market - high volatility. They make cryptocurrencies a more reliable means of saving and accumulating money. Moreover, stablecoins have a different mechanism of operation. Unlike decentralized cryptocurrencies like Bitcoin, many popular stablecoins (Tether, USD Coin) have a centralized management structure. This allows for more active regulation of token issuance and maintenance of exchange rate stability.
#CryptoStocks It is possible to conditionally distinguish four types of cryptocurrencies: Bitcoin, altcoins, stablecoins, and tokens. Firstly, it is important to note that there is a single cryptocurrency that has the status of a separate asset outside the main categories — this is Bitcoin (BTC). Bitcoin is the first and most popular cryptocurrency, traded on Binance and other exchanges. Altcoins, which were created after Bitcoin, represent all cryptocurrencies except the first cryptocurrency, and their share of the cryptocurrency market in 2024 is about 40%. Stablecoins are cryptocurrencies whose exchange rate is supported by certain assets, such as strong fiat currencies (US dollar, euro, etc.), commodity values (such as gold), or other cryptocurrencies, which reduces price fluctuations. TOKENS Cryptocurrency tokens are created based on other blockchains, such as Ethereum or BNB Chain. These assets are created by various companies to raise funds for the development of their projects or to ensure the functionality of products.
$USDC USD Coin is one of the most popular stablecoins in the cryptocurrency market. In this article, we will take a detailed look at what USDC is, its history, operational features, and the advantages of using it in the world of decentralized finance (DeFi). USD Coin is one of the most popular stablecoins in the cryptocurrency market. In this article, we will take a detailed look at what USDC is, its history, operational features, and the advantages of using it in the world of decentralized finance (DeFi). USD Coin is a stablecoin whose value is pegged to the US dollar at a ratio of 1:1. This means that each USDC token is backed by one US dollar held in a bank account of the issuer. USDC was created by Circle and Coinbase in collaboration with the Centre consortium, which sets the rules and standards for the issuance and use of the stablecoin. The main goal of USDC is to provide cryptocurrency market users with a stable and reliable digital asset. It can be used for storing value, trading on exchanges, and conducting fast and secure transactions. Unlike many other cryptocurrencies, its price is not subject to high volatility.
#MyTradingStyle It is possible to conditionally distinguish four types of cryptocurrencies: Bitcoin, altcoins, stablecoins, and tokens. First of all, it is important to note that there is a single cryptocurrency that has the status of a separate asset outside the main categories — this is Bitcoin (BTC). Bitcoin is the first and most popular cryptocurrency, traded on Binance and other exchanges. Altcoins, which were created after Bitcoin, represent all cryptocurrencies except the first cryptocurrency, and their market share in the cryptocurrency market in 2024 is about 40%. Stablecoins are cryptocurrencies whose exchange rate is supported by certain assets, such as strong fiat currencies (US dollar, euro, etc.), commodity values (such as gold), or other cryptocurrencies, which reduces price fluctuations. TOKENS Cryptocurrency tokens are created based on other blockchains, such as Ethereum or BNB Chain. These assets are created by various companies with the aim of raising funds for the development of their projects or ensuring the functionality of products.
#GENIUSActPass Each bitcoin is divided into 100 million parts, called satoshis (in honor of its creator Satoshi Nakamoto). This means you can buy, sell, transfer, or send very small amounts, for example, 0.00000001 BTC or one satoshi. This makes cryptocurrency convenient for micropayments. The main difference between bitcoin and regular money is that it is stored not in several payment systems and banks, but on all computers simultaneously that work with the coins. Anyone can access all information about cryptocurrency for its entire existence. Bitcoin is far better than fiat money equivalents (dollars, rubles, etc.) that are under centralized control. For example, WMZ (the dollar equivalent in the Webmoney payment system) can fall into the hands of a fraudster if they gain access to the Webmoney server. In the case of bitcoin, this is not so. If one computer where bitcoins are stored is hacked and a change is made, the system will reject the altered block since it will not match the other copies.
#FOMCMeeting In the cryptocurrency market, a common question arises: is the price movement we see a trend reversal or merely a short-term correction within the current trend? The correct interpretation of this influences the trading decisions of market participants.
A correction is defined as a medium-term price movement against the main trend. The goal of a correction is to partially "reset" the overbought or oversold conditions of the market, after which the main trend continues. Corrections last from several days to 2-3 weeks and do not change the overall market direction.
On the other hand, a trend reversal is a long-term phenomenon where the direction of price movement fundamentally changes to the opposite. If the market was rising before, it is now falling. And vice versa. When a trend reversal occurs in the market, it signifies that the market direction is changing for an extended period.
To distinguish between a correction and a trend change, analysts use various tools - volumes, volatility, and graphical analysis. The key is not to rush to conclusions but to gather enough data to understand whether we are facing a temporary pullback or something more significant.
#MetaplanetBTCPurchase When we talk about cryptocurrencies, the first thing that comes to mind is Bitcoin, Ethereum, and other digital assets. But behind these shiny names lies a fundamental principle that makes cryptocurrencies truly revolutionary: decentralization. Why is this aspect so important to the cryptocurrency community? Before diving into the topic, it is important to accurately understand what decentralization means. In traditional financial systems, decisions and control are concentrated in the hands of a few large organizations, such as banks and government structures. Decentralization, on the other hand, implies that control is distributed among many participants in the network, excluding intermediaries. One of the main aspects that attracts people to cryptocurrencies is financial freedom. Decentralized networks allow users to control their financial resources without the interference of third parties. Decentralization is not just a technical aspect of cryptocurrencies; it is a key philosophy that shapes their fundamental principles.
#VietnamCryptoPolicy Since Blockchain is a way of storing and processing data on the network. Blockchain is a registry for storing and transferring digital assets. Assets can be anything: money, stocks, game characters, works of art — anything at all. The idea is that blockchain allows you to take something on the Network and say: 'This is mine.' And no one can steal it, hack it, or rewrite it. Let's consider types of network architectures.
Centralized networks are built around a single centralized server/main node that processes all the main data and stores information about users, which other users can access. From here, client nodes can connect to the main server and send data requests instead of performing them directly. A decentralized network distributes the workloads of processing information among several devices instead of relying on a single central server. Each of these individual devices serves as a mini-central block that independently interacts with other nodes. According to experts, by 2027, up to 10% of the world's GDP will be stored on the blockchain.
$BTC One of the main features of the system is complete decentralization: there is no central administrator or any equivalent. The necessary and sufficient element of this payment system is the basic client program (it has open source code). The client programs running on multiple computers connect to each other in a peer-to-peer network, each node of which is equal and self-sufficient. One of the consequences of decentralization is the potential possibility of "double spending", that is, transferring the same bitcoins to different recipients. Under normal conditions, this is prevented by the inclusion of the transaction in the blockchain. However, if one controls more than 50% of the total computing power of the Bitcoin network, there is a theoretical possibility to "replace" one chain of transactions with another. --
$BTC In the crypto world, there are relatively few projects that provide any real value to consumers. Among the countless projects, Bitcoin (BTC) and Ethereum (ETH) stand out as the foundation for other projects. Most of the other projects are just vaporware; they appear and then disappear. A rare project from 2017 has survived to this day. In crypto, everything revolves around investors who buy tokens of projects in small amounts and hold them in hopes of price increases — they are commonly referred to as 'hamsters'. We will refer to them as such without any negative connotation. Most projects aim to attract these hamsters and meet their needs. What do hamsters want? They want to make money. Crypto startups provide them with such opportunities: they create mechanics to engage hamsters in various processes, where the reward for participation will be income in one form or another. In other words, hamsters are given money. In the world of crypto, the overwhelming majority of projects create open-source code. There is even a culture of borrowing solutions — meaning there is no need to develop your own; it’s better to take something that’s already made. Everyone copies from each other. And in fact, that’s cool.
#TrumpBTCTreasury Ripple, launched in 2012, is a real-time gross settlement, currency exchange, and remittance system developed by Ripple Labs Inc. The system is built on a distributed open protocol and supports tokens representing fiat money, cryptocurrency, exchange commodities, or other objects such as miles of frequent flyers or mobile minutes. An internal cryptocurrency known as XRP is used in the ledger. As for its application, XRP has far-reaching plans. The aim is to simplify cross-border money transfers between banks and other financial organizations. RippleNet plays an integral role here, as it is the only tool capable of processing XRP transactions. Despite some banks' hesitance to use RippleNet as a replacement for outdated SWIFT, several financial institutions have trusted the new technology. Companies such as Santander, Western Union, and UniCredit are already collaborating with Ripple Labs and testing its functionality.