#MemecoinSentiment What are meme coins – Beyond the joke In short, meme coins are cryptocurrencies inspired by memes, jokes, or internet trends, created more for community fun and speculation than for any serious technological utility. Unlike “serious” cryptocurrencies like Bitcoin or Ethereum, which have a clear purpose, meme coins usually do not come with major technological innovations or real-world utility.
The defining characteristics of meme coins include: Origin from a joke or viral trend The first meme coin, Dogecoin, was created in 2013 as a parody of the crypto craze at the time, featuring a Shiba Inu dog from a popular meme.
Lack of practical utility The overwhelming majority of meme coins do not offer notable technical functionalities. They do not solve scalability issues, do not power complex DeFi platforms, and are not widely adopted payment coins. Their use is almost exclusively limited to speculative trading – buying low hoping to sell high.
#MyStrategyEvolution In recent years, cryptocurrency—and in particular, Bitcoin—has demonstrated its value, now boasting 14 million Bitcoins in circulation. Investors speculating in the future possibilities of this new technology have driven most of the current market capitalization, and this is likely to remain the case until a certain measure of price stability and market acceptance is achieved. Apart from the declared price of cryptocurrency, those invested in it appear to be relying on a perceived “inherent value” of cryptocurrency. This includes the technology and network itself, the integrity of the cryptographic code and the decentralized network.
The blockchain public ledger technology (which underlies cryptocurrency) has the potential to disrupt a wide variety of transactions, in addition to the traditional payments system.
$BTC On November 28, 2012, when the price of Bitcoin (BTC) was approximately 12 dollars, the first halving took place. Over the following year, the price of Bitcoin spectacularly rose to nearly 1,000 dollars. Before the second halving in July 2016, Bitcoin had a price of 670 dollars, but by July 2017, it had risen to 2,550 dollars.
The 2020 halving of Bitcoin occurred in May, when the price of the cryptocurrency was 8,787 dollars. Following this halving event, the price of Bitcoin soared and eventually reached a peak of nearly 69,000 dollars in November 2021. This was the highest price ever reached by Bitcoin, surpassing the previous all-time high of 19,700 dollars, which it reached in December 2017.
Wrong, trading is 95% hard work. Hope that has not left you feeling deflated. You may well follow social media accounts keen for you to subscribe to their unique analysis of candlestick patterns, stochastics and star signs that will unlock millions. Why are they telling you and why do they need your £50 a month?
Trading requires evidence, substantiation, and research before committing to opening or closing a position. You would not embark on a legal career part time and trading is no different.
Before you even consider taking a position, do you understand what it is you are trading? Basics such as the market structure, its hours of operation, the value of each price move (tick increment) is just the start. Are volatility levels high or low? What factors influence the price of this asset? Should I trade now or wait? Just some of the questions you should ask yourself daily before entering a position. Markets are always evolving, and the answers may change on a daily basis.
#ArbitrageTradingStrategy Arbitrage trading strategies are a class of trading strategies that involve buying and selling financial instruments to take advantage of price discrepancies. The goal of arbitrage trading is to make a profit from the differences in prices between securities or markets, without taking on significant directional risk. Arbitrage trading strategies typically rely on quantitative analysis and mathematical models to identify mispricing and execute trades quickly before the market adjusts. In this article, we will introduce five popular arbitrage trading strategies and provide a simple example and reference materials for each strategy.Arbitrage is one alternative investment strategy that can prove exceptionally profitable when leveraged by a sophisticated investor. It also carries risks you must consider. To effectively include arbitrage in your alternative investment strategy, it’s critical to understand the nuances and risks involved.
Here's an overview of arbitrage, including a look at three types you should know: pure arbitrage, merger arbitrage, and convertible arbitrage.
#TrendTradingStrategy Trend trading: Key strategies and indicators explained Trend trading strategies are a cornerstone of technical analysis in financial markets, allowing traders to leverage on price momentum and align their trades with prevailing market movements. Whether focusing on a short-term trend or adopting long-term trend trading strategies, identifying and following trends can provide clarity in decision-making, helping to mitigate false signals and manage risk. This guide outlines the fundamental principles of trend trading, explores core strategies, and examines practical tools to help trend traders navigate the complexities of financial markets with confidence.
What is a trend in trading? In trading, a trend refers to the general direction in which the price of a financial asset is moving over a specified period. Understanding trends is crucial for identifying profitable trading opportunities. Trends can manifest in three main forms:
Upward trend (Bullish trend): When an asset's price consistently moves higher, forming higher highs and higher lows on a price chart. Downward trend (Bearish trend): When the price consistently moves lower, creating lower highs and lower lows. Sideways trend (Range-bound market): When an asset's price moves within a relatively fixed range, without a clear upward or downward trajectory.
#BreakoutTradingStrategy What Is a Breakout? A breakout is a stock price moving outside a defined support or resistance level with increased volume. A breakout trader enters a long position after the stock price breaks above resistance or enters a short position after the stock breaks below support. Once the stock trades beyond the price barrier, volatility tends to increase and prices usually trend in the breakout's direction. The reason breakouts are such an important trading strategy is because these setups are the starting point for future volatility increases, large price swings and, in many circumstances, major price trends.Breakouts occur in all types of market environments. Typically, the most explosive price movements are a result of channel breakouts and price pattern breakouts such as triangles, flags, or head and shoulders patterns. As volatility contracts during these time frames, it will typically expand after prices move beyond the identified ranges.
#USCryptoWeek U.S. Crypto Week: A Pivotal Moment for the Market The cryptocurrency market is poised for significant developments as the U.S. Congress hosts 'Crypto Week,' a series of legislative discussions that could reshape the industry. Key bills, including the Stablecoin Act and the Clarity Act, are on the agenda, addressing critical issues such as decentralized finance (DeFi), staking, and crypto taxation. These discussions could provide much-needed regulatory clarity, paving the way for a more structured and investor-friendly environment.
Why Regulatory Clarity Matters For years, the lack of a cohesive regulatory framework has been a major obstacle for both retail and institutional investors. Uncertainty around stablecoin adoption, crypto asset taxation, and compliance has hindered market growth. If lawmakers successfully address these issues, the cryptocurrency market could see increased participation and trust from investors, fostering long-term growth.
Guide » Altcoin » (BNB) Binance Coin » What is Binance Coin (BNB)? What can Binance Coin be used for?
What is Binance Coin (BNB)? What can Binance Coin be used for?
May 27, 2021 Henry84


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What is Binance Coin? Why is Binance Coin useful? What can BNB be used for?
BNB (Binance Coin) was issued during an ICO in the summer of 2017, prior to the launch of the cryptocurrency exchange. BNB is the coin of the main cryptocurrency exchange, Binance, created to support the exchange's ecosystem and to provide benefits to users. The tokens do not confer ownership rights, and their holders are not entitled to any profit share. Initially, it was issued on Ethereum as an ERC-20 token, with a supply of 200 million. During the ICO, 100 million pieces were sold. The current supply is lower, as part of the exchange's profit is quarterly converted into BNB tokens, which are then burned. Thus, the respective amount exits circulation, making the supply more limited.
With the launch of Binance Chain in April 2019, ERC20 tokens were converted at a ratio of 1:1 into BEP2 tokens, which are the native tokens on Binance's own chain.
#DayTradingStrategy Complete Guide to Intraday Trading and Day Trading in Romania Mircea Vasiu Author Mircea Vasiu 12/05/2024 act. 10/12/2024
INDEXING Day trading is a strategy for trading during the day. In day trading, the movements that asset prices experience throughout the day are used to find investment opportunities in this short-term volatility.
daily trading An approach to day trading: Why does it make sense? Day trading has gained importance in financial markets in recent years. The advancement of technology, the ease of communication due to social networks, and the great interest sparked by cryptocurrencies after Covid have made day trading increasingly popular in society.
In this article, we will explore the reasons that support the logic behind this approach. From the potential to achieve quick profits to the ability to capitalize on market volatility, as well as the possibility of working from anywhere in the world. We will analyze why day trading has become an attractive option for many investors and how it can provide unique opportunities in today's financial world.
#BinanceTurns8 Binance Research announces that the cryptocurrency market has experienced an 8.0% increase in total capitalization, driven by the positive sentiment resulting from the Federal Reserve's decision to lower the federal funds rate and the improvement in U.S. labor market data.
The People's Bank of China has also cut interest rates and the reserve requirement ratio to counter deflationary pressures, injecting 1 trillion yuan into the banking system. These favorable global macroeconomic developments have led to gains in major capital markets and the crypto market. However, upcoming economic reports and central bank policies remain to be monitored.
Wrapped Bitcoin ("wBTC") continues to maintain a strong presence in the market, with weekly transactions reaching historical highs and a holding of over 65% of the market share. This comes despite controversies surrounding its new “multijurisdictional and multi-institutional” custody model and increasing competition in a market that now has over 20 players.
#BTCBreaksATH Bitcoin has reached a new all time high (ATH) of $112,000, following a steady climb that began on June 22, when Bitcoin was trading near $98,000. Coinciding with BTC’s ATH, BlackRock’s iShares Bitcoin Trust today also closed at a new ATH of $63.58. IBIT now holds more than 700,000 BTC, roughly over 3.33% of the total bitcoin supply. According to Bloomberg, IBIT generates more annual fee revenue than BlackRock’s S&P 500 ETF (IVV). Despite being just 18 months old, the $75 billion ETF earns an estimated $187.2 million annually, surpassing the $187.1 million earned by IVV.In 2021, El Salvador became the first nation to invest in Bitcoin, and now holds over 6,232 BTC in their treasury. After bitcoin’s ATH today, El Salvador’s Bitcoin reserves reached $400 million in unrealized gains after years of steady accumulation. On November 16, 2022, the President of El Salvador Nayib Bukele announced the country will start buying 1 BTC per day, “until Bitcoin becomes unaffordable with fiat currencies.”
$BTC We can say that we are currently in the era of cryptocurrencies. The concerns and misconceptions about this form of investment that once existed have been replaced by enthusiasm, creating an incredibly active market with over 18,000 crypto options, of which more than 10,000 are actively traded. Investors are closely monitoring cryptocurrencies with growth potential of up to 50 times greater in the coming years. Despite bear market conditions, long-term holders could benefit from patience, and new investors might find good value in the market by making well-informed choices. As the next crypto bull market is forecasted for 2025, here are some cryptocurrencies with potential that you might consider investing in 2023.
#HODLTradingStrategy In the world of crypto investing, two of the most common strategies are day trading and HODLing. Day trading involves making frequent trades based on short-term price movements, while HODLing refers to buying and holding crypto over the long term. This article compares both approaches, highlights their advantages and risks, and helps beginners decide which strategy may better suit their goals and risk tolerance.
What Is Day Trading in Crypto? Day trading is a short-term strategy where traders buy and sell crypto assets within the same day to capitalise on price fluctuations. The goal is to make quick profits by reacting to market trends, news, or technical indicators.
It requires a high level of market awareness, fast decision-making, and often the use of trading tools or charts. Since prices in the crypto market can be volatile, day trading carries both high potential returns and high risk.
#MuskAmericaParty Elon Musk, the founder of Tesla and former head of the Department of Government Efficiency (DOGE), has officially announced his intention to establish a new political party called the "America Party." The decision comes after a poll launched on his social platform X, where 65.4% of users voted in favor of creating a party to break the dominance of the American two-party system. "By 2 to 1, you want a new political party, and you will have it," Musk stated in a post on X, emphasizing that the new party will "restore freedom" to citizens. Musk's announcement comes after Trump signed his self-proclaimed "great and beautiful" law regarding tax and spending cuts on Friday, which Musk vehemently criticized, according to Reuters.
#SpotVSFuturesStrategy Introduction to Spot and Futures Markets The financial markets are diverse, offering various instruments and markets for traders and investors. Among these, spot and futures markets are fundamental, each with unique characteristics and roles in the financial ecosystem.
What is the Spot Market? The spot market, also known as the cash market, is where financial instruments, such as commodities, currencies, and securities, are traded for immediate delivery. Delivery is the exchange of the asset for payment and typically occurs within a short timeframe after a trade is executed.
Spot markets are characterized by their immediacy. Prices in these markets reflect the current market value of an asset, influenced by supply and demand dynamics. This makes the spot market a critical indicator of an asset's present value.
#BTCWhaleMovement Extension of 2017 Trump tax cuts During his first term, Trump had signed the Tax Cuts and Jobs Act, which lowered taxes for corporations and for individuals across most income brackets.
Trump had touted the law as one that would stimulate economic growth, but experts have argued that it has benefited wealthy Americans the most.
Key provisions of that law are set to expire in December, but the sprawling budget bill currently before lawmakers aims to make those tax cuts permanent. It also increases standard deductions by $1,000 (£736) for individuals and $2,000 for married couples until 2028.
Steep cuts to Medicaid To help finance tax cuts elsewhere, Republicans have added additional restrictions to Medicaid, the healthcare programme relied upon by millions of disabled and low-income Americans.
One of the changes is a new work requirement for childless adults without disabilities. Another change to Medicaid is shifting re-enrolment from once a year to every six months, and adding income and residency verifications.
#OneBigBeautifulBill US President Donald Trump's budget mega-bill is set to become law after it passed a final vote in the House of Representatives.
The president is now poised to sign the bill into law during a ceremony on Friday.
Its advancement has not been easy. The legislation has stoked disputes among lawmakers from Trump's own Republican Party, who control both chambers of Congress, over social programmes and spending levels.
The Congressional Budget Office estimates the bill could add $3.3tn to federal deficits over the next 10 years and leave millions without health coverage - a forecast that the White House disputes.
During a vote in the US Senate earlier this week, Vice-President JD Vance was forced to cast the tie-breaking vote in order to pass the bill.
The legislation's prospects in the House appeared precarious, however Republican rebels eventually got on board to support it following hours of wrangling on Thursday.
Here is a look at some of the key items and hotly-debated issues in the bill.
Explore the composition of my portfolio. Follow to see how I invest! A crypto wallet is a software or hardware tool. It allows users to store and trade cryptocurrencies like Bitcoin and Ethereum in a secure environment. Digital wallets use blockchain technology.
At the core of a crypto wallet's operation is a randomly generated pair of cryptographic keys. The public key can be shared publicly. It serves as a unique address for receiving funds.
The private key of a crypto wallet must be kept strictly secret. It is used to sign transactions and prove ownership of the funds associated with that address. This mechanism ensures the security and confidentiality of transactions on the blockchain.
$BTC Interestingly, the new historic record was reached on the anniversary of 'Bitcoin Pizza Day', when in 2010, a man named Laszlo Hanyecz paid 10,000 bitcoins for two pizzas from Papa Johns, which, at the current market value, is worth over 1.1 billion dollars.
Institutional buyers remain active. Spot bitcoin ETFs recorded inflows of just over 2.75 billion dollars this week. On Thursday alone, inflows amounted to 934.8 million dollars, the eighth largest day since the launch of spot ETFs.