Author: hotcrypto
Join the first-ever Trivia Night on #Binance Live to share 20 #BNB in rewards!P.s. you’ll get a chance to receive a limited-edition collectors’ NFT when you click ‘add reminder’ now and participate.— Binance (@binance) September 11, 2022(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY…
Money is one of the greatest inventions ever made by humans and It has played a major role in the modernisation of human society. The introduction of fiat currency accelerated the growth of human civilisation. However, as of today, cryptocurrencies are the preferred form of payment and unlike fiat money, cryptocurrencies aim to increase consumer financial equality. Since the emergence of Bitcoin (the first modern cryptocurrency), several cryptocurrency platforms have developed systems and put in place procedures to increase the space’s usefulness and usability for its users. Entrepreneurs, on the other hand, are dubious about several cryptocurrency platforms’ values as…
Important distinction between BNB chain and Ethereum – the two most popular and utilized ones in the crypto space.BNB chain and Ethereum are the two most popular and utilized blockchains in crypto. However, they have distinctions that not many people know about. Understanding these distinctions could make a crypto investor’s journey much easier.Background InformationBNB ChainThe BNB chain network harbors two chains: the Binance Smart Chain network (BSC) and the Binance Beacon Chain network. There are many distinctions between the two networks and one is that the BSC network uses the BEP-20 token standard while the BNB Beacon chain uses the…
CoinDesk and others have been reporting about institutions cozying up to bitcoin as an investable asset for a while now. (Here’s CoinDesk reporting that insurance giant MassMutual some bought bitcoin in 2020; here’s me writing about BlackRock doing crypto things earlier this year).I’m sick of it.So this week’s column is about why Wall Street doesn’t need Bitcoin and why Bitcoin doesn’t need Wall Street.Yes, I know, this might feel strange. Crypto Long & Short is an investor-focused newsletter about crypto, and so an issue contending that the biggest crypto asset doesn’t need … investors … might seem misplaced. My sole…
The term digital currency is becoming more and more popular, with people using it to replace physical currencies. They can then use a public ledger where transactions can be safely recorded without the need for a central bank or other regulatory body. With no central authority, these decentralized monetary systems are mathematically managed and maintained by the community using blockchain technology. A couple of coins in particular that have been receiving a lot of interest include Bitcoin and Ethereum. 1) Bitcoin – the first Cryptocurrency Bitcoin is the first and the most popular digital currency. It was created…
Number of Shiba Inu (SHIB) Holders Hits New ATH ! Coinpedia Fintech News This news is republished from another source. You can check the original article here
Significant earnings are typically a sign of successful crypto investment. Still, in the current bear market rise, any sizable profit could be lost in only one or two catastrophic purchases without adequate risk management and a thorough understanding of the fundamental analysis of crypto projects. Most unsuccessful traders lack any crypto trading strategies and have no idea when to trade for a profit or how many losses they are willing to accept. In this piece, we assess the potential for Flasko, Dogecoin (DOGE), and VeChain (VET) to rule the cryptocurrency market based on the strength of their product visions. Flasko…
Despite a strong bullish run in recent months, Helium (HNT) was unable to hold its ground against tether (USDT), with the price falling from an all-time high of $50 to around $5. The recent price increase in Bitcoin (BTC) has had a positive impact on the overall market, as most altcoins continue to show strength, producing more than 100% gains, with Helium (HNT) price also in the picture due to its impressive recovery. (Data from Binance) Helium (HNT) Price Analysis On The Weekly Chart The price of HNT has struggled to replicate its recent bullish move, which saw the price…
BIG EYES COIN RAISES OVER $1 MILLION WITHIN ITS FIRST WEEK OF PRESALE. This is a sponsored advertising post. Nothing in this content should be construed as advice, it is meant for informational purposes only. Introduction In a nutshell, cryptocurrency is decentralized digital money based on blockchain technology. The most well-known cryptocurrency, Bitcoin, was introduced to the public in 2009, and thousands of other cryptocurrencies have emerged since then. This new decentralized payment system has taken the world by storm, and investors across the globe now consider this a serious option for their investments. Unlike other currencies under the management…
With the crypto market on full display, particularly the trade in NFTs for often staggering amounts of money, tax authorities globally have raised their eyebrows to the potential tax implications of the NFT market, notes Baker McKenzie Johannesburg. Before looking at the taxation of NFTs, it is important to understand what they are. In short, an NFT, or non-fungible token, is a unique blockchain-based digital asset. Being unique in its properties, an NFT cannot be duplicated and the content linked to it could take any digital form, for example, an image, piece of music, video or any other digital content…