USDT and USDC are two types of stable coins, which are cryptocurrencies pegged to the value of a specific asset, in this case the US dollar.
When it comes to investing in cryptocurrencies, the question of how much money to start with is a common question. After all, the crypto market is known for its volatility, and it's natural to want to be cautious when entering into this type of investment.
Day trading, swing trading and long-term investing are three popular types of trading that are commonly used in the cryptocurrency market. Each of them has its own set of characteristics and is suitable for different types of investors and different market conditions, of course an experienced investor can also combine them all.
We have prepared a detailed step-by-step guide for you on exactly how to open an account on the Binance trading application
There are 2 types of crypto wallets - a cold wallet and a hot wallet, but what does that actually mean? The following article will sort out the mess and explain in depth what exactly each of them is
One of the first steps you will need to take is to figure out how to transfer your money from your bank account to a crypto wallet or exchange. Here are the steps you need to follow to get started.
As a trader in the crypto world, it is important to stay up to date with the latest market trends and news. The right apps and news sources on your phone can help you make informed decisions and stay ahead of the game.
Our world is changing at a very fast pace. Cryptocurrencies - Bitcoin, Ethereum, Tether and there are many more of course - are an excellent example of several prominent trends: the desire to reduce the control of the establishment (in this case the central banks of the various countries), the transition from physical products to digital products and also the search for ways to optimize the global economy. Another significant change in the 21st century is the awareness of the climate crisis. Today we can no longer ignore the real risk to the continuation of life on Earth in its current form, and accordingly the need to update habits. Some argue that the two aforementioned phenomena - the strengthening of the position of digital currencies and the necessity to minimize our negative impact on the environment - contradict each other. The main suspect is Bitcoin, and the question is whether the mining process of the popular currency really requires the investment of a lot of expensive and harmful energy.
Elon Musk is one of the richest people in the world, and at certain points of time even ranks first on the list of the world's richest people. Elon Musk is also a person who aims for innovation - whether in the electric vehicle market (Tesla), whether in the journey to conquer space (SpaceX), whether in the attempts to create an interface between the human brain and the computer (Neuralink) or in the field of upgrading transportation systems (through The Boring Company, which mines tunnels where vehicles can move at hundreds of kilometers per hour). Elon Musk is also a person who likes attention a lot - and when you put all the above elements together, it's no wonder that the entrepreneur born in South Africa has quite an impact on the crypto world as well.
The reality we live in is changing at a very fast pace. The crypto market is an excellent example of this: until 2008 there were no digital currencies at all, and in fact only in this year was the theoretical idea of Bitcoin presented (in an article called Bitcoin: A Peer-to-Peer Electronic Cash System signed by "Satoshi Nakamoto", where it is not clear if it is real or not, and if it is one person or a group of people). The currency itself began to be distributed in 2009, and in the first two years there was almost no trading in it. Today, Bitcoin is very popular, and has been joined by hundreds of digital currencies. Bitcoin's share in the crypto market is about 40%, the second currency in terms of its popularity, Ethereum, dominates about 15%, and other familiar names are the USDT, Tether, Cardano, Solana and Dogecoin. At the same time, there are close to 50 other currencies whose market value is estimated at over a billion dollars, so this is a dynamic field full of possibilities.
In 2008, a new currency emerged into the world, and more precisely into the digital space - Bitcoin. More decentralized currencies emerged after it, and today the crypto market is attracting increasing interest, with more and more people taking advantage of the opportunities inherent in it. The most important advice for anyone taking their first steps in the field is to learn about the new currencies, and on this page you will find basic information about Bitcoin and other digital currencies.
Bitcoin, USDT, Ethereum, Cardano and other digital currencies are seen, and rightly so, as the future of money. On the one hand, they represent a dramatic revolution in the field, and there were already those who compared the development of the Blockchain to the development of the personal computer in the 70s of the last century and the establishment of the Internet about 30 years ago. On the other hand, it is a natural development in a field that has undergone many changes throughout history - and you should get to know them in order to have a good understanding of the crypto market and the opportunities it provides.
Once in a while the headlines report another Bitcoin record breaking. For example, in December 2020, the most famous digital currency crossed the $20,000 mark, and all the media covered it - and 10 months later, in October 2021, the value of Bitcoin had already jumped to over $67,000. On the other hand, there are also significant falls, and a consensus among all economists and experts in the field of the decentralized economy: before buying a cryptocurrency, and in particular Bitcoin, it is necessary to learn about it and understand the main principles of trading it.
Bitcoin, and in fact the entire crypto market, is a new world for most Israelis. New and innovative, and also one that provides quite a few opportunities, but must be handled with utmost care. In particular, it is important to take into account the high volatility in the exchange rates of digital currencies, especially Bitcoin.
The cryptocurrency market is attracting more and more people, and unfortunately also more and more criminals. According to data from an international research company called elliptic, which specializes in decentralized finance, unsuspecting investors lost over $10 billion in 2021 due to DeFi scams - a sharp jump compared to the year before. This is an almost inevitable phenomenon - in any field where there is active economic activity there are also attempts to defraud - so it is important to know how to identify the relevant warning signs.