$USDC 1 USDC should always be worth 1 US dollar. It was initially launched in September 2018 by Centre, a consortium co-founded by Circle and Coinbase, though Circle has since become the sole responsible party.
#MyTradingStyle What does Swing Trading imply? * Technical Analysis: You will focus on daily or 4-hour charts to identify trends, support and resistance levels, and candlestick patterns. * Risk Management: It is crucial to always define your stop-loss (maximum loss) and take-profit (target profit) before entering a trade. * Patience: Not all swing trading opportunities will appear every day. Sometimes you will have to wait for the perfect setup. This style allows you to actively participate in the market without the extreme pressure of very short-term styles. It strikes a good balance between long-term investing (which requires a lot of patience) and high-frequency trading (which demands a great deal of dedication and emotional control).
#GENIUSActPass "GENIUSActPass" refers to the recent passing of the GENIUS Act by the U.S. Senate. Here's a breakdown: * What it is: The GENIUS Act, or "Guaranteeing Essential Non-bank Issuance of United States Stablecoins," is a landmark piece of U.S. legislation aimed at regulating stablecoins. Stablecoins are cryptocurrencies like USDC or USDT that are pegged to the U.S. dollar or other stable assets. * Purpose: The primary goal of the GENIUS Act is to: * Establish clear rules for issuing and managing stablecoins, particularly for non-bank issuers. * Provide stronger consumer protections by reducing scams and improving transparency in the stablecoin market.
1. Bitcoin (BTC) could reach new all-time highs if it surpasses the resistance at $40,000. 2. Ethereum (ETH) shows a bullish reversal pattern after the London upgrade. 3. Cardano (ADA) could experience significant growth if integrated with more DeFi projects.
*News and Updates*
1. The U.S. SEC approved the first Bitcoin ETF, which could boost BTC prices. 2. The Central Bank of China launched an initiative to develop its own digital currency. 3. The Ethereum network saw a significant increase in developer activity.
*Investment Strategies*
1. Invest in cryptocurrencies with long-term growth potential, such as Solana (SOL) and Polkadot (DOT). 2. Use diversification strategies to minimize risk in your cryptocurrency portfolio. 3. Set clear investment goals and don't get carried away by emotions.
*New Projects and Technologies*
1. Polkadot (DOT) enables interoperability between different blockchains, which could drive its adoption. 2. Solana (SOL) offers fast and scalable transactions, making it attractive for DeFi projects. 3. Chainlink (LINK) provides decentralized oracles for smart contracts, increasing its utility.
*Tips and Advice*
1. Conduct thorough research before investing in any cryptocurrency. 2. Do not invest more than you can afford to lose in the crypto market. 3. Keep your cryptocurrencies safe by using hardware wallets and two-factor authentication.
*Additional Resources*
1. CoinMarketCap: a platform to track cryptocurrency prices and market capitalizations. 2. CryptoCompare: a website that offers news, analysis, and data on cryptocurrencies. 3. Coursera: an online learning platform that offers courses on blockchain and cryptocurrencies.