How many people know the difference between USDC and USDT?
USDC (USD Coin) and USDT (Tether) are both stablecoins pegged 1:1 to the U.S. dollar, but they differ in several ways: 1. Issuing entity and supervision: USDC is jointly issued by Coinbase and Circle, regulated by US financial regulators and has a high degree of transparency. USDT is issued by Tether Limited and has historically had many transparency issues. Although it claims that each USDT is backed by US dollar reserves, it lacks independent audits and has low transparency. 2. Reserves and transparency: USDC's reserves are backed by cash and cash equivalents in the U.S. banking system, and audit reports are regularly issued to demonstrate the adequacy of its reserves.
Five tokens that may soar 1000 times in the next two years, you can get in early and ambush, as follows: 1. VET (VeChain) VeChain has partnerships with top companies (Walmart, BMW, etc.), and its market value is bound to soar.
2. HBAR (Hedera Hashgraph) VeChain has begun providing solutions for industries such as pharmaceuticals, luxury goods, and automotive, and has partnerships with top companies (Walmart, BMW, etc.), its market value is bound to soar.
3. STMX (StormX) StormX is a platform that rewards users with cryptocurrency for daily shopping. By providing cashback and rewards for shopping, it brings cryptocurrency into consumers' daily lives, allowing people to easily earn profits while spending. StormX may become a household name, and its market value will also soar.
4. TLM (Alien Worlds) Alien Worlds is a decentralized, play-to-earn metaverse game, and with the close development of the gaming industry and blockchain, Alien Worlds has the potential to rise in value.
5. XRP (Ripple Credits) XRP is a virtual currency issued by Ripple Labs, and Ripple is the world's first open payment network. XRP powers RippleNet, a payment network aimed at providing fast, low-cost cross-border transactions. As more banks and financial institutions adopt Ripple's international payment technology, partnerships with financial giants such as Santander and American Express strengthen XRP's position in global finance. Increased institutional adoption may lead to higher demand for XRP, thereby driving its value up.
Good afternoon, yesterday, Friday, the volatility was too small, and the US stock market was closed. Today, Saturday, it has improved a little bit. The current market situation is that it keeps falling but cannot drop further, and it rebounds but cannot rise much, so we can only trade short-term, take a little profit and run. Looking at Bitcoin's daily candlestick, the lower pullback low is rising, but the rebound high has not been broken, showing signs of halting the decline, but the rebound strength is not enough, so we should not be too aggressive in shorting.
For Bitcoin, the upper pressure levels to watch are 85500 and 86500, while the lower support levels to watch are 84000 and 83000.
For Ethereum, the upper pressure levels to watch are 1620-1650, while the lower support levels to watch are 1580-1550.
$BTC $ETH $BNB The dead cat bounce market has ended... the central area has started to rise, can you predict: in which range will Bitcoin and Ethereum reach?
Why do you make small profits and large losses? Because you are not decisive with your stop-loss. Why are you not decisive with your stop-loss? Because many times, you find that once you set a stop-loss, the price returns to its original position. You think to yourself, if I don't set a stop-loss, there's a possibility the price will return, but once you set a stop-loss, it becomes a realized loss. This kind of psychological expectation leads to indecision with your stop-loss, and if a reverse extreme market occurs, you end up getting liquidated.
Why can you only make small profits? Because you are not decisive enough in holding onto your gains. You are so afraid that the money you earned will be given back, and you hope that your profits can be quickly secured. It's hard to open a profitable position, but under the psychological pressure of 'taking profits when they are good, fearing a pullback, and securing gains,' you uncontrollably cut your profitable position. As for the later magnificent market, it has nothing to do with you.
Trading is difficult, really difficult. First, you need to overcome technical barriers, and then you need to overcome cognitive barriers. If you want to achieve unity of knowledge and action, you ultimately need to overcome the barriers of human nature. It is not easy to break through these three barriers. Without numerous deeply painful experiences and the process of repeatedly denying and then reconstructing yourself, it is very hard to enter the realm of profitability.
In the next 12 hours, can ETH drop below 1800? First support level 1850, second 1808. No pain, no gain. Leave your opinions to discuss. 63866869253 #加密市场回调
$BNB In the next 12 hours, will BNB drop below 600? The first support level is 616, the second is 609, the third is 603. No pain, no gain. Leave your comments to discuss. #土狗冲锋 #加密市场回调
Mastering the Five Essential Principles of Contracts
1. Core mentality: Make 'survival' the primary goal. 1. Respect the market, abandon fantasies of getting rich quickly. The essence of the contract market is zero-sum game; short-term profits may come from luck, but long-term survival relies on rationality. Never think of yourself as 'the chosen one'; the market is always more complex than your understanding. A mindset of getting rich quickly can lead to over-leveraging and frequent trading, ultimately being consumed by volatility. 2. Accepting losses is an inevitable cost. Losses are part of trading; no one can achieve a 100% win rate. The key is to control losses within a bearable range through stop-loss rules, avoiding devastating impacts from a single mistake. Treat losses as tuition fees rather than shame.
$ETH Ethereum Brief Analysis: Support Levels: 1903, 1874, 1850 for long positions, Take Profit Targets: 1950, 1983, 2025. Remember to set stop loss based on personal circumstances
US stock gains narrow, the S&P 500 index and Nasdaq index give back some gains; the S&P 500 index is currently up 0.06%, the Nasdaq is up 0.7%, and the Dow is down 0.7%. #掌握市场 #乌俄停火 #加密市场反弹 #CPI数据来袭 $BTC $ETH
"Black Swan" is about to strike the US stock market
"Black Swan" is about to raid the US stock market🌩🌩🌩 As the deadline for the temporary spending bill approaches, the U.S. federal government is about to face a shutdown crisis. On March 8, local time, U.S. House of Representatives Speaker Mike Johnson announced a temporary government funding bill that will last until September 30, which will be voted on next Tuesday. U.S. President Trump called on Republicans to support the bill and said Democrats might try to "shut down the government." At present, there is great uncertainty as to whether the bill can be passed by both the Senate and the House. Wall Street analysts warned that in the short term, the US government shutdown may increase the volatility of the US stock market, as concerns about trade conflicts have already stirred up the US stock market.
On March 7, the evening before the White House crypto summit, White House AI and crypto director David Sacks officially stated: “President Trump has signed an executive order to establish a U.S. strategic Bitcoin reserve. This reserve will use Bitcoin obtained by the government through asset forfeiture procedures and will not increase the burden on taxpayers.” Following this news, the market interpreted it as “bad news following good news,” and the BTC price plummeted from over $90,000 to around $85,000. White House: The next center of the crypto world, the starting point for America to become the 'crypto capital.' The reason for the crypto market's lukewarm reaction, even a 'Sell The News' phenomenon, is that, at present, the content of this presidential executive order does not contain much news to stimulate BTC buying, but rather further compresses the imaginative space for 'positive U.S. government policy.'
$ETH The big pancake rises while you fall, truly a rebellious spirit. I hope you are just crouching down to tie your shoelaces, that's all... #美国加密战略储备 #特朗普国会演讲 #美国加征关税
On the 22nd of April, the market fluctuated for a whole day and rose by 4000 points. Shortly after the evening market opened, it dropped by 2000 points in a few minutes. 10400816673
$BTC In fact, there will be 1-2 times of 5-10K point fluctuations every month. This is normal. Once you enter the circle, it's as deep as the sea. Without setting a stop loss, it's starting over. #比特币爆走引发万人爆仓
$BTC BITE tonight can break the 84500 resistance point, will directly approach the 82000—81000 range, if unable to break, will pull back to 93000—94000, quietly observe the changes
Litecoin (LTC) is a cryptocurrency based on blockchain technology, created by former Google engineer Charlie Lee in 2011. It is designed as a 'lighter version' of Bitcoin, aiming for faster and more convenient transactions while maintaining decentralization and security.
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Key Features 1. Technical Foundation: - Based on improvements to Bitcoin's code, using the Scrypt algorithm (different from Bitcoin's SHA-256), lowering mining barriers, and reducing dependence on specialized mining machines (ASICs) (in the early stages). - Block generation time is about 2.5 minutes (compared to Bitcoin's 10 minutes), with faster transaction confirmation. - Total supply is 84 million coins (compared to Bitcoin's 21 million coins).
2. Positioning and Use: - Initially positioned as 'digital silver,' complementing Bitcoin's 'digital gold,' more suitable for small payments and daily transactions. - As a supplement to Bitcoin, Litecoin is often used to test new technologies (such as SegWit and the Lightning Network) before they are promoted to the Bitcoin network.
3. Decentralization and Security: - Utilizes a proof-of-work (PoW) consensus mechanism, relying on a global network of miners to maintain ledger security. - Community-driven, with no centralized institutions controlling it.
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Development History - **2011**: Litecoin mainnet launched. - **2017**: First to activate SegWit technology, solving the transaction malleability issue. - **2018**: Introduced the Lightning Network, supporting off-chain micropayments. - **2021**: Upgraded the MimbleWimble protocol, enhancing privacy features (achieved through extended blocks).
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Current Status and Challenges - **Market Position**: Litecoin has long remained among the top cryptocurrencies by market capitalization, but competition has intensified (such as improvements to Bitcoin's payment solutions and the rise of other payment tokens). - **Price Volatility**: Influenced by overall trends in the cryptocurrency market, regulatory policies, and technological upgrades. - **Controversies**: - Founder Charlie Lee sold all of his LTC holdings in 2017, triggering a trust crisis in the community. - After the upgrade of privacy features, it faces scrutiny from regulatory agencies in some countries.