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The price of the cryptocurrency Bitcoin rose on exchanges by no less than 14% on Monday, exceeding $34,000 per Bitcoin.
The price of Bitcoin on the Binance cryptocurrency exchange reached $34,243 as of 1:43 a.m. Moscow time on Tuesday.
According to data from the CoinMarketCap platform, which calculates the average price based on prices on more than 20 exchanges, the price of Bitcoin was rising by 14.59%, and its average price reached $34,351 per Bitcoin.
How is Bitcoin trading ahead of the US Federal Reserve meeting?
The price of Bitcoin continues to rise after recording a weekly growth of 11.4% in the last week’s results, which is considered the largest weekly increase in the price of Bitcoin since last June, as the growth rate reached 15.1%.
Since the beginning of October, the price of Bitcoin has risen by 15.9%, after its price growth rate reached 4% last September following two months of decline.
Bitcoin price exceeded $34,000 for the first time since May 8, 2022.
It is worth noting that the price of Bitcoin has almost doubled since late last year, when it was at $16.5 thousand after witnessing a significant decline in 2022.
Ajad Outline ACE is an ERC-20 based utility token used as the main currency of ACE GAME, NFT GAME PLATFORM. It is used as the main currency
for using the platform and NFT transactions and as a governance token for the ACE platform.
ACE Usage Summary Purpose:
Gaming Service Use
ACE allows you to play the ACE game.
Purchase Use
You can buy NFTs with ACE in the NFT GAME MARKET PLACE. If you become an NFT owner, you will receive additional benefits from the NFT on the platform.
Use as a governance token for the ACE platform
ACE also serves as a governance token for the NFT Entertainment PLATFROM platform. ACE owners can use the COMMIT capabilities of ACE WALLET to commit ACE and participate in key policy decisions on the platform as a governance member, and receive a portion of the ecosystem benefits.
The digital currency market has strongly imposed itself as an investment haven, especially after successive economic crises, and the need for millions around the world to search for new sources of income. The biggest beneficiaries of this transformation were the digital currency exchanges, whose revenues exceeded billions of dollars, especially the Binance platform, which is considered the largest with more than 120 million active users to the date of writing this guide. We will dedicate this guide to covering all Binance services in a professional manner, in order to help beginners form a clear idea about the platform.
Binance explanation and review for beginners: Is the Binance platform reliable and safe?
The site team explained and reviewed the Binance platform, identifying the advantages and disadvantages to help beginners verify the credibility of the company and ensure safe investment in digital currencies.
The Binance platform is a giant company and a large monopoly project in crypto, as its services are not limited to trading only, as is common among beginners. Here are the most important services provided by Binance in the field of digital currencies.
#عملة_البيتكوين #Bitcoinis the first decentralized digital currency, without a central bank, that can be sent from person to person via the Bitcoin network in a peer-to-peer manner without the need for a third party (an intermediary such as a bank). Network transfers are verified using cryptography and recorded in a distributed ledger called the blockchain. Bitcoin is created as a reward for a process known as mining. It can be exchanged for other currencies, products and services. Research produced by the University of Cambridge estimates that in 2017, there were between 2.9 and 5.8 million users using a digital currency wallet, most of whom use Bitcoin.
Bitcoin has been criticized for its potential use in illegal transactions, the high amount of electricity used to mine new Bitcoins, the volatility of the exchange rate, and hacks of Bitcoin exchanges. Some economists have described it as a "speculative bubble".
The Bitcoin network has been running since 2009 and has not stopped since then, and because of the consensus system in the currency, no one has been able to hack the Bitcoin blockchain, and most of the hacks that occur are due to human errors in managing the wallet and not due to design flaws.
#Cryptocurrency Projects * Adding a currency to the Binance and Market Cap platforms Currencies are added to Binance without paying any costs from the currency team The addition to Binance depends on 1. Community 2. Liquidity 3. Project 4. Registering the project as a company. Documents are submitted upon submission We note that reliance is first on the community and liquidity before the project because the currency project basically attracts liquidity and the community * Market Cap is considered the largest market for displaying currencies and the main reference for analyzing the market situation 1. Listing the currency for free 2. The currency must be listed on more than one platform 3. There must be a trading process (Volume) on the currency pair, at least a thousand dollars per day If you have any questions, write in the comments or if you are a currency owner and want help, contact me