#TradersBootcamp Binance Holdings Ltd., branded Binance, is a global[8] company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China, then moved to Japan shortly before the Chinese government restricted cryptocurrency companies. Binance subsequently left Japan for Malta and currently has no official company headquarters.
Binance Holdings Ltd.Company typePrivateIndustryCryptocurrencyFoundedJuly 2017; 7 years ago[1][2]Founders
Changpeng Zhao
Yi He[3][4]
Headquarters
Unknown
Area served
Global
Key people
Richard Teng (CEO)[5]ProductsCryptocurrency exchange, cryptocurrenciesRevenueUS$12 billion (2022)[6]
Binance has been the subject of lawsuits and challenges from regulatory authorities throughout its history. As a result, Binance has been banned from operating or ordered to cease operations in some countries, and has been issued fines. It has been alleged that Binance could be used as a funding mechanism for terrorist groups. In 2021, Binance was put under investigation by both the United States Department of Justice and Internal Revenue Service on allegations of money laundering and tax offenses.[9][10][11] The UK's Financial Conduct Authority ordered Binance to stop all regulated activity in the United Kingdom in June 2021.[12] That same year, Binance shared client data, including names and addresses, with the Russian government.[13]
In November 2023, the company pleaded guilty in a U.S. federal court to money laundering, unlicensed money transmitting, and sanctions violations.
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$BTC Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
#NFPCryptoImpact As the blockchain technology continues to revolutionize various industries, one area that stands out prominently is the impact of non-fungible tokens (NFTs) on the crypto ecosystem. The #NFPCryptoImpact is a testament to the power of digital ownership, creativity, and decentralization.
Imagine owning a piece of digital art that is truly unique, verifiable, and immutable through NFTs. Artists, musicians, and creators are leveraging NFTs to redefine ownership, royalties, and authenticity in the digital realm. This shift opens up new avenues for creators to connect directly with their audience, transcend geographical boundaries, and explore innovative monetization models.
#nfpcryptoptoimpact As the blockchain technology continues to revolutionize various industries, one area that stands out prominently is the impact of non-fungible tokens (NFTs) on the crypto ecosystem. The #NFPCryptoImpact is a testament to the power of digital ownership, creativity, and decentralization.
Imagine owning a piece of digital art that is truly unique, verifiable, and immutable through NFTs. Artists, musicians, and creators are leveraging NFTs to redefine ownership, royalties, and authenticity in the digital realm. This shift opens up new avenues for creators to connect directly with their audience, transcend geographical boundaries, and explore innovative monetization models.
$BTC Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
$BNB BNB, also known as Binance Coin, is a cryptocurrency token created and issued by the cryptocurrency exchange Binance. It was initially launched on the Ethereum blockchain as an ERC-20 token in July 2017, but later migrated to its own blockchain, the Binance Chain, in February 2019. BNB serves several purposes within the Binance ecosystem: * Trading Fees: BNB can be used to pay for trading fees on the Binance exchange, often at a discounted rate compared to other payment methods. * Payment for Services: BNB can be used to pay for various services offered by Binance, such as listing fees for new tokens and margin trading fees. * Staking and Yield Farming: BNB can be staked in various Binance products, such as Binance Savings and Launchpool, to earn rewards. * Governance: BNB holders can participate in governance decisions on the Binance Chain and Binance Smart Chain through voting on proposals. BNB has experienced significant growth in popularity and value since its launch, driven by its utility within the Binance ecosystem and its role in facilitating transactions on the Binance Chain and Binance Smart Chain.
#MarketPullback Crypto markets are an elemental component within the blockchain ecosystem. A differentiation can be made between primary markets, where cryptocurrencies are issued initially, and secondary markets, where tokens can be exchanged for other currencies. Cryptocurrencies can be emitted in various ways.
$BTC How Is Bitcoin's Price Determined? Bitcoin's price changes because of its supply (scarcity), the market's demand, media and news, and regulatory changes. Some researchers suggest that the cost of producing a bitcoin also influences its prices, but most analyses used assumed data rather than facts.
#BTCNextMove How Is Bitcoin's Price Determined? Bitcoin's price changes because of its supply (scarcity), the market's demand, media and news, and regulatory changes. Some researchers suggest that the cost of producing a bitcoin also influences its prices, but most analyses used assumed data rather than facts.
$BTC Bitcoin is a decentralized digital asset. It is a new type of asset that joins the ranks of traditional assets such as cash, gold, and real estate. Use the multichain Bitcoin.com Wallet app, trusted by millions to safely and easily buy, sell, trade, and manage bitcoin and the most popular cryptocurrencies.
How to Invest in Bitcoin in 5 Steps Join a Bitcoin Exchange. Get a Bitcoin Wallet. Connect Your Wallet to a Bank Account. Place Your Bitcoin Order. Manage Your Bitcoin Investments.
$BTC Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person.[5] Use of bitcoin as a currency began in 2009,[6] with the release of its open-source implementation.[7]: ch. 1 In 2021, El Salvador adopted it as legal tender.[4] It is mostly seen as an investment and has been described by some scholars as an economic bubble.[8] As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries as of 2021.[9]
Bitcoin's price has been on a tear for a number of reasons, including President-elect Donald Trump's crypto-friendly stance; the possibility of the creation of a Bitcoin strategic reserve; heavy buying from MicroStrategy, the largest Bitcoin holder; and the start of options trading on Bitcoin exchange-traded funds.
Why is Bitcoin growing up?
Bitcoin and the broader cryptocurrency market have seen a resurgence since Trump's election victory became clear. An industry formerly on the fringe of finance has drawn in institutional interest, interest from young investors, and interest from those interested in disrupting the current financial system.
The Bottom Line. Bitcoin is a digital currency that can be used instead of fiat currencies or physical cash. It uses a blockchain to secure transaction information out of the reach of centralized third parties who traditionally facilitate and regulate transactions.
How Does Bitcoin Work? Definition and How to Invest - Investopedia
How much is $1 Bitcoin in US dollars?
1 BTC = $95,287.87
The return may increase or decrease as a result of currency fluctuations. Actual execution price may vary.
https://www.revolut.com › price › usd
1 BTC to USD: Convert Bitcoin (BTC) to US Dollars (USD) - Revolut
What is details of BTC?
Bitcoin is a decentralized digital asset. It is a new type of asset that joins the ranks of traditional assets such as cash, gold, and real estate. Use the multichain Bitcoin.com Wallet app, trusted by millions to safely and easily buy, sell, trade, and manage bitcoin and the most popular cryptocurrencies.