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$USDC USDC is a reliable and widely adopted stablecoin, ideal for trading in the crypto ecosystem without suffering from volatility. However, its centralized nature makes it different from cryptocurrencies like Bitcoin.
#BigTechStablecoin These cryptocurrencies are linked to stable assets like the dollar, euro, or others, designed to minimize volatility. - **Highlighted examples**: - **USDC (USD Coin)**: Issued by Circle, backed 1:1 by US dollars. Recently, its issuer (Circle) had a successful debut on the New York Stock Exchange. - **Libra (now Diem)**: Initially proposed by Facebook, focused on global payments. - **Advantages**: - Ease of cross-border payments and low cost. - Integration with technology platforms (e.g. Apple, Google could adopt them into their payment systems).
### **2. Central Bank Digital Currencies (CBDC)** - **Objective**: Complement traditional fiat money, improve financial inclusion, and streamline payments. - **Example**: **Digital Euro**, proposed by the European Central Bank, aims to compete with private cryptocurrencies. - **Risks**: Possible substitution of bank deposits and challenges for monetary policy.
### **3. Integration in Major Tech Companies** - Companies like **Apple, Google, Meta (Facebook), and Uber** are exploring the use of stablecoins on their platforms to reduce costs and improve efficiency. - **Impact**: Could accelerate the mass adoption of stable cryptocurrencies.
### **4. Risks and Regulation** - **Challenges**: - Possible loss of bank deposits. - Risk of monopoly by tech giants. - **Proposed solutions**: Regulation similar to money market funds and consumer protection.
### **5. Comparison with Traditional Cryptocurrencies** - **Stable vs. Bitcoin/Ethereum**: - Stablecoins avoid volatility, while Bitcoin and Ethereum are more speculative. - Ethereum stands out for smart contracts, but its scalability remains an issue.
#CryptoSecurity101 Security in the world of cryptocurrencies is crucial and is based on a series of measures and practices. The use of secure wallets, two-factor authentication, protection against phishing and other types of scams, and the secure storage of private keys are fundamental.
#CryptoFees101 Cryptocurrency transaction fees are charges paid to process transactions on the blockchain, incentivizing validators and miners to perform the necessary work to confirm and record transactions. These fees, sometimes called "network fee" or "gas fee" (in Ethereum), allow transactions to be confirmed and included in a block of the blockchain.
#TradingPairs101 To choose the best trading pairs in cryptocurrencies, you must consider liquidity, volatility, fees, and market information. The most liquid pairs, such as BTC/USDT and ETH/USDC, tend to be more stable for beginners, while pairs with higher volatility can offer greater profits but also higher risk.
#Liquidity101 Liquidity in cryptocurrency trading refers to the ease with which a cryptocurrency can be bought or sold without significantly affecting its price. Greater liquidity means there are more buyers and sellers, which facilitates transactions and reduces the risk of prices spiking or dropping drastically.
#OrderTypes101 Common order types include market orders, limit orders, stop limit orders, stop market orders, trailing stop orders, and post only orders. Market orders are executed at the current market price, while limit orders are executed at a predefined price or better. Stop limit orders are triggered when the price reaches a stop price and then become limit orders, while stop market orders are triggered and executed at the market price. Trailing stop orders follow the market price and are activated if the price moves against the position, and post only orders are executed only if they can add liquidity to the market.
#CEXvsDEX101 Centralized exchanges (CEX) are cryptocurrency trading platforms where a company acts as an intermediary, while decentralized exchanges (DEX) operate without a central intermediary and use smart contracts on a blockchain to facilitate transactions.
In cryptocurrencies, there are various types of trading, including spot trading, margin trading, derivatives trading, algorithmic trading, and investment trading. Each has its own characteristics and risks. Spot Trading: Description: Buying and selling cryptocurrencies directly at current prices, similar to buying stocks. Advantages: Simplicity, direct access to the market. Risks: Market volatility, risk of capital loss. Margin Trading: Description: Use of leverage to increase the potential for profits (or losses). Advantages: Potential for higher returns, but with greater risk. Risks: Increased risk of capital loss due to leverage.
###In the dynamic landscape of finance and digital assets, few figures capture as much attention as Michael Saylor, co-founder and executive chairman of Strategy, formerly known as MicroStrategy. Saylor has established himself as a fervent evangelist of Bitcoin (BTC), and his company has become synonymous with the cryptocurrency, considered by many traders as a direct bet on this digital asset. His influence extends across platforms like X (Twitter), where his 4.4 million followers are keenly attentive to his statements about Strategy's corporate treasury strategy.
Saylor's firm has transformed its balance sheet by adopting an aggressive Bitcoin accumulation strategy, positioning itself as the largest corporate holder of BTC worldwide. This bold bet is already redefining market dynamics and is anticipated to potentially trigger a "supply shock" in BTC prices. With an investment that has grown by more than 50%, Strategy reports unrealized capital gains exceeding 20 billion dollars.
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###The professional trader and market analyst Willy Woo made a strong statement about his long-term price target for bitcoin (BTC). However, unlike those who focus on nominal figures in dollars, Woo set his sights on a much more ambitious horizon: the global gross domestic product (GDP) divided by the 21 million bitcoins that will exist at most.
Woo's projection has profound implications for the role that bitcoin could play in the global monetary system.
"My long-term target for the price of BTC is not in dollars, as that currency continues to be devalued. My target is the global GDP divided by 21 million. With a margin of error of +/- 50%. This will take, more or less, a couple of decades," Woo wrote.
What Woo anticipates is a true revolution in the way economic value is conceived. Instead of thinking of bitcoin as an asset measured in dollars, he proposes imagining a world where the dollar is no longer the benchmark. That is, a scenario in which bitcoin itself functions as a global unit of account.
###The university thesis that made Kristoffer Koch a millionaire Koch's academic research explored encryption on the internet. This study led him to acquire bitcoins as part of his practical experiment. The initial purchase of 5,000 bitcoins represented an academic gamble with unexpected results.
The rediscovery of his investment in 2013 revealed the potential of his purchase. Koch regained access to his cryptocurrency wallet. The value of his investment exceeded all initial expectations.
Kristoffer Koch's investment that doubled his fortune The partial sale of his portfolio financed the purchase of an apartment in Oslo. Koch acquired a 78 square meter property in the Tøyen area. This transaction represented his first tangible benefit from the investment.
The residual value of his portfolio continued to appreciate. The remaining 1,000 bitcoins reached significant values. Koch managed his fortune with caution and a long-term vision. Subsequent sales generated additional income. Koch obtained 10 million dollars for a portion of his portfolio. The remaining value of his bitcoins exceeded 13 million dollars. This fortune allowed him to enjoy a high standard of living.
Robert Kiyosaki stated that Bitcoin has simplified the accumulation of wealth like never before in history, and expressed his surprise that more people are not taking advantage of this extraordinary opportunity to change their financial situation.
In a recent post on X, he wrote: "I can't believe how easy Bitcoin has made it to get rich… Just that easy. Why everyone isn't buying and holding Bitcoin is beyond me".
Kiyosaki suggested that even a small fraction of the cryptocurrency could yield significant returns: "even owning 0.01 Bitcoin could make investors 'very rich' within two years".
The author pointed out that the scarcity of the currency is a key factor in its future valuation: "Only 1 or 2 million Bitcoins are left to mine… and the price is going to go as Raoul Pal describes it as the 'Banana Zone'".
Additionally, he warned his followers not to miss this unique opportunity: "the easiest moment in history to get rich and financially free", and urged them not to act like a "yellow banana".
Finally, he recommended educating oneself about the "future of money" through figures like Raoul Pal, Michael Saylor, Anthony Pompliano, and Bitcoin Zella, all advocates for this cryptocurrency that, according to him, represents an unprecedented financial revolution.
###Willy Woo, professional trader and market analyst, BTC has a high probability of heading towards the $118,000 zone in the coming days. Iván Paz Chain, CEO of Trading Different, explained that this price zone has high liquidity, which facilitates bitcoin moving towards it.
According to market analyst Rachael Lucas, "if bitcoin manages to stay above the range of $103,000 to $105,000, there is room for a new push towards $115,000." Conversely, this projection would be nullified with a drop below $103,000. For Lucas, such a situation "could open the door to a deeper correction, with price targets in the range of $93,000 to $97,000."
According to history, June is a "neutral" month for bitcoin. Since 2013, there have been six Junes that ended with positive returns and six Junes that ended with negative returns. Therefore, the statistics do not help much for making predictions (unlike what happens with months like February or October).
###Guillermo Goncalvez, co-founder and CEO of the P2P exchange El Dorado, announced the suspension of operations in Venezuela through a video released on Saturday, May 31. The company allows the exchange of stablecoins for local currencies in the region.
"El Dorado will cease operations in Venezuela immediately," he stated, while expressing his regret for any negative impact caused by the platform.
"First of all, I am deeply regretful, as in no way have our actions been aimed at promoting speculation on the parallel dollar in Venezuela," Goncalvez assured, who also apologized and took responsibility for any damage caused.
The entrepreneur emphasized that the only official exchange rate of the dollar in the country is the one established by the Central Bank of Venezuela.
###The native token of Ethereum, Ether ETH 2186 is forming at least two classic bullish patterns against Bitcoin BTC 91.582 which fuels optimism that a breakout could trigger the next altcoin season.
Ether indicators point to a rise of 30-55% soon The ratio between Ether and Bitcoin (ETH/BTC) is forming a cup and handle pattern and a bullish flag, each indicating massive gains.
In the cup and handle scenario, the ETH/BTC suggests a possible breakout above the neckline of 0.02596 BTC, with a technical target close to 0.03814 BTC, implying a rise of 55% by July.