A pseudonymous person or group operating under the name Satoshi Nakamoto created Bitcoin (BTC). Nakamoto released Bitcoin’s white paper in 2008 and launched its network in 2009.
Who is Satoshi Nakamoto? A number of theories exist, including that the Bitcoin creator is Nick Szabo, Hal Finney, Craig Wright or Vili Lehdonvirta. Finney corresponded with Nakamoto in Bitcoin’s early days via email, but the pseudonymous figure’s identity remains unknown. Nakamoto vanished around 2011. Satoshi Nakamoto’s net worth is possibly quite large. The pseudonymous entity holds 1 million BTC, based on theories.
Satoshi Nakamoto
Satoshi Nakamoto is the name used by a person or a group of persons claiming to be behind the creation of Bitcoin. The name was originally used to describe the author of the Bitcoin’s original white paper back in 2008. Nakamoto persona also created the bitcoin talk forum and the first blockchain database, only to fully retreat from the public eye by 2010. The mystery of Nakamoto’s true identity has kept a tight grip over the crypto community like no similar news before. Over the past few years, several persons claimed to either be Satoshi Nakamoto or to at least hold knowledge of his identity. The first were collectively described as Faketoshis while the latter seem to always find a reason not to reveal the real Nakamoto’s identity.
#BinanceSquareFamily #satoshiGiftCards #Haider

#Binance Super Earn is a premium product offered by Binance for users to earn higher annual interest rates (APR) by investing in new coins listed on the platform. This product is part of the Simple Earn program, which provides users with various ways to earn rewards by holding their digital assets.

Key Features of Super Earn
Special APR and Limited Offers: Super Earn features a special higher than usual APR, fully supported by the projects that support the new coins. This offer is intended to encourage users to hold these coins for certain periods after they are listed.

Eligibility and Participation: Super Earn is only available for new coins earned through Launchpool, #Megadrop , or HODLer Airdrops. Users must have Simple Earn products locked in their region, but this product is not available in many countries, such as Australia, Canada, and the United States, due to regulatory restrictions.

Daily Percentage Rate (DPR): Rewards are calculated and distributed daily based on the Daily Percentage Rate (DPR), which is calculated by dividing the APR by 365, showing the expected daily earnings from the locked coins.

Redemption and Penalties: Users can redeem their Super Earn positions before the lock-in period ends, but a penalty will be imposed in the form of losing accumulated rewards and deducting previously distributed rewards from the principal amount.

The strategic importance of the #Binance platform
Attracting Liquidity: By offering high APRs, Binance attracts more liquidity to its platform. Users are incentivized to hold their locked coins, which reduces their circulation in the market and increases their value.

Promoting new currencies: The program serves as a promotional tool for new currencies by offering high rewards, which helps attract users and encourage them to adopt these currencies.

User Engagement and Retention: Super Earn creates a strong incentive for users to stay engaged with the Binance ecosystem, and motivates them to participate in future coin launches.

Compare to other Earn products
Target Audience: While Simple Earn offers stable and flexible earning options for low-risk users, Super Earn targets those seeking higher, albeit time-limited, returns.

Risk and Reward Profile: Super Earn is associated with higher risks due to the speculative nature of the new coins, but the potential rewards, especially with the special APR rate, are intended to offset these risks.

User Experience and Accessibility
Super Earn is designed to be easy to use, allowing users to easily sign up for opportunities. However, the product’s unavailability in some countries may be a barrier for users in those regions.

Regulatory Considerations
The restrictions on users from certain regions point to the regulatory challenges Binance faces in providing consistent services across different jurisdictions.

How to Participate in Binance Super Earn
Sign up for Super Earn: Go to the Binance Super Earn page on the Binance platform and look for the “Super Earn” offer. Make sure to read all the terms and conditions and features available.

Set investment amount: Choose the amount of token you want to lock for a certain period. Remember that rewards are based on the specific Annual Percentage Rate (APR) of each token.

Lock Tokens: After confirmation, your chosen tokens will be locked, and you will start receiving daily rewards according to the Daily Percentage Rate (DPR).

Investment Management: You can track your investment at any time through the “Earn” section of your Binance account. Note that early redemption will result in the loss of accumulated rewards.
#Write2Earn! #BinanceSquareFamily #Haider
$BTC

In This Post:
Binance sees a massive sell-off, dropping Bitcoin price below $58K.A whale buys 1,000 BTC, indicating confidence in Bitcoin’s future.Bitcoin retests key support levels, with potential for a breakout.
Binance Sell-Off Pushes Bitcoin Down
On August 29, Bitcoin’s price fell to a two-week low of $57,900. This drop happened due to heavy selling on Binance, the largest cryptocurrency exchange in the world. During U.S. trading hours, Binance saw a sharp sell-off of 45,000 BTC. This massive sell-off led to Bitcoin’s price dropping below $58,000.
The sell-off may have been triggered by controversy surrounding Binance’s involvement in funds related to users in Palestine. This news likely contributed to the market’s nervous reaction, leading to a significant price drop for Bitcoin. As a result, the market felt uncertain, and Bitcoin’s price dipped quickly.
Whales Buy Bitcoin at Lower Prices?
While Bitcoin’s price dropped, some large investors, known as whales, saw this as an opportunity to buy more Bitcoin at a lower price. One whale bought 1,000 BTC, which is worth nearly $60 million. This purchase shows that big investors still have confidence in Bitcoin, even when the price drops.
According to data from Santiment, wallets holding between 10 to 10,000 BTC have added 133,000 BTC to their holdings over the past month. This suggests that while smaller traders may be selling, larger investors are buying more Bitcoin. This behavior indicates that whales believe in Bitcoin’s long-term growth, even though the price might be volatile in the short term.
Bitcoin’s Price and Market Sentiment
Despite the recent price drop, Bitcoin is still following a consolidation pattern. This means that Bitcoin’s price is moving within a tight range, not making big moves up or down. Popular trader and analyst Rekt Capital pointed out that Bitcoin is forming a pattern on the weekly chart that often signals a breakout, either up or down.
The $58,000 level has become a crucial support zone for Bitcoin. After dipping below this level, the price quickly rebounded, showing that buyers are willing to step in and defend this support. However, if Bitcoin falls below this level again, it could lead to further price drops.
The market sentiment around Bitcoin is mixed. While large investors are buying more BTC, the recent sell-off has made some traders cautious. This has created uncertainty in the market, as some traders worry about potential further declines.
Looking Forward
The coming days will be crucial for Bitcoin as it retests key support levels. If the price can hold above $58,000, it may continue to consolidate before potentially breaking out of its current pattern. However, if selling pressure continues, Bitcoin could see further declines, with the next support level around $56,000.
For now, large investors appear confident, continuing to accumulate BTC during market dips. This accumulation suggests that the long-term outlook for Bitcoin remains positive, despite short-term volatility.
In summary, the recent drop in Bitcoin’s price was triggered by heavy selling on Binance, but large investors took advantage of the dip to buy more BTC. As Bitcoin retests key support levels, the market shows signs of cautious optimism. The next few days will determine whether Bitcoin can maintain its current levels or if it will face further declines.
$BTC
#latestupdate #wrote2earn #Haider

Picture this: you work hard, save money, and build your nest egg, only to watch it slowly wither away in the face of rising prices. It’s a frustrating and all-too-familiar scenario, thanks to a phenomenon known as inflation. As the cost of goods and services climbs, the value of your money shrinks, leaving you with less purchasing power. But here’s the burning question: can cryptocurrencies like Bitcoin and Ethereum come to your rescue as a shield against this financial erosion?
In this article, we’ll delve into how these digital assets can protect against inflation. Cryptocurrencies, operating outside traditional financial systems with revolutionary blockchain technology, limited supply, and decentralisation, make them compelling guardians against inflation’s relentless impact. Plus, we’ll explore how Kriptomat can help you enhance your crypto investing journey.
What is inflation?
Inflation is the rate at which the general price of goods and services in an economy rises over time. When inflation occurs, each unit of currency buys fewer goods and services; essentially, the purchasing power of money decreases.
Inflation’s economic implications are vast. It can erode the real value of money, influence central bank policies, and affect consumer and business spending. High inflation rates can lead to uncertainty and discourage long-term economic planning, whereas controlled inflation is often seen as a sign of a growing economy.
Types of inflation and their causes:
Demand-Pull Inflation: This happens when demand for goods and services outstrips supply, leading to higher prices. It’s often a sign of a booming economy.Cost-Push Inflation: This type occurs when the costs of production increase, and businesses pass these costs onto consumers in the form of higher prices.Built-In Inflation: Also known as wage-price inflation, this is driven by the expectation of workers that they need to keep their wages rising to cope with increased living costs, leading to a cycle of wages and prices chasing each other upwards.Monetary Inflation: Caused by an increase in the money supply that outpaces economic growth, leading to a decrease in the currency’s value and an increase in prices.Hyperinflation: An extreme and rapid form of inflation with very high rates, often resulting from severe monetary inflation and loss of confidence in the currency.
Each type of inflation has different causes and can affect your investments in various ways. Understanding these types can help you make more informed decisions about protecting and growing your investment portfolio in the face of changing economic conditions.
Inflation’s effects on traditional investments
Inflation is a critical factor that can significantly impact your investment portfolio. Different investment assets react to inflation in varied ways, and understanding these responses is key to effective portfolio management:
Stocks: Inflation has a mixed effect on stocks. It can boost company profits due to higher prices but also increase costs and reduce consumer spending, potentially affecting earnings. Stocks typically perform well in moderate inflation but can face challenges in high inflation scenarios.Bonds: Bonds are typically sensitive to inflation. When inflation rises, the value of bond payments at fixed interest rates diminishes, leading to a decrease in bond prices. This inverse relationship makes bonds, especially long-term bonds, vulnerable in an inflationary environment.Real estate: Real estate often serves as an effective hedge against inflation. Property values and rental incomes usually increase with inflation, making real estate investments potentially more profitable during high inflation periods.Commodities: Commodities like gold and oil can benefit from inflation. These assets are often seen as a store of value that can protect against the eroding purchasing power of currency during inflationary times.
Inflation and interest rates relationship:
Central banks often respond to high inflation by increasing interest rates. Higher interest rates can lead to increased borrowing costs, affecting consumer spending and business investments.
For investors, rising interest rates can mean higher yields on new bonds but can also lead to a decrease in the value of existing bonds. Additionally, higher interest rates can dampen business growth, potentially impacting stock market returns.
To stay ahead in investments, monitor inflation indicators like the Consumer Price Index (CPI) and Producer Price Index (PPI) for pricing trends, stay updated with credible economic reports and forecasts, and keep an eye on central bank policies that impact inflation and market dynamics.
Understanding how inflation and interest rate changes affect different asset classes can help you make informed decisions about where to allocate your resources.
Unlock the power of diversification with our concise guide “How Can Different Investment Assets Diversify Your Portfolio?”.
How can cryptocurrencies ast as a hedge against inflation?
Cryptocurrencies are a bit like the money you use every day, but they exist purely in digital form. They are not issued or controlled by any central authority, like a government or bank. They rely on something called blockchain technology. Think of it as a super-secure digital ledger, where all transactions are recorded in a way that’s transparent, tamper-proof, and open to anyone who wants to see.
So, you might be wondering,
“What’s the big deal? How can these digital currencies save me from the clutches of inflation?”
Let’s break down why they’re such effective shields:
Limited supply and scarcity: Unlike traditional currencies that can be printed endlessly, many cryptocurrencies have a fixed supply. This scarcity means that as demand for cryptocurrencies increases, their value tends to rise, making them a potent defence against inflation.Decentralisation: Cryptocurrencies operate in a decentralised manner, meaning there’s no central authority controlling them. Decentralisation safeguards your assets from manipulation and interference by external forces.Portability and accessibility: Cryptocurrencies are easily stored in digital wallets, making them a convenient and portable way to secure your wealth.
In countries like Venezuela and Zimbabwe with hyperinflation, cryptocurrencies became a stable store of value, preserving wealth when traditional currencies collapsed.
How to make cryptocurrencies part of your portfolio?
Incorporating cryptocurrencies into your investment portfolio can provide diversification and potential growth, but it’s important to understand how to navigate this exciting yet volatile asset class:
Begin by clarifying your investment objectives. Are you seeking long-term wealth preservation, short-term gains, or a mix of both? Learn more about the importance of financial goal-setting in our insightful article “The Power of Financial Goal-Setting: Why It’s Essential for Your Money’s Success”Honest assessment of your risk tolerance is essential. Ensure your chosen cryptocurrencies match your comfort level with risk. Discover your investing style with our comprehensive guide “What Kind of Investor Are You: How to Match Investments to Your Temperament”Diversify your cryptocurrency holdings to spread risk and enhance portfolio stability. Explore in more detail how to effectively balance your crypto portfolio in our tutorial “How to Build A Balanced Crypto Portfolio: Strategies for Risk Diversification”.
Establish a disciplined strategy:
Buying and holding (HODLing) means acquiring cryptocurrencies for the long term, with the belief in their potential, and riding out market fluctuations. Learn how to buy crypto on Kriptomat in our step-by-step guide: “How to buy cryptocurrencies on Kriptomat?”
Dollar-Cost Averaging (DCA) is a disciplined strategy involving regular fixed investments, regardless of cryptocurrency prices. Learn how Kriptomat makes your DCA seamless in our tutorial “
What is Recurring Buy and how does it work?”
Active Trading: Active traders frequently buy and sell cryptocurrencies for short-term gains, requiring market analysis and involving high risk. Kriptomat offers features such as Watchlist, Price alerts, Advanced charting and Automated Buy and Sell to make your trading effortless.
Don’t forget to choose a secure cryptocurrency exchange for buying, selling, and trading. Kriptomat is a secure, user-friendly and regulatory compliant crypto exchange with a vast selection of essential and advanced trading tools. Kick-off your crypto journey with Kriptomat by reading our tutorial “Getting Started with Kriptomat”.
Risks and considerations
Before you dive headfirst into the world of cryptocurrency investments, it’s essential to be aware of the potential pitfalls and exercise prudence:
Volatility: Cryptocurrencies are known for their price volatility. Prices can experience rapid and substantial fluctuations over short periods. It’s crucial to be prepared for this inherent risk and not be swayed by emotional reactions.Regulatory uncertainty: The regulatory environment for cryptocurrencies varies widely from one region to another. Changes in regulations can impact the market and may introduce legal and compliance risks.Security concerns: The digital nature of cryptocurrencies makes them susceptible to hacking and fraud. Storing and securing your assets properly is paramount to protect against theft or loss.
Explore in detail how to conduct a thorough crypto research with our article “From Novice to Expert: Learn to Research Cryptocurrencies”.
Stay informed about market news, regulatory changes, and technological developments that could affect your investments. Prioritise security by using reputable cryptocurrency exchanges and wallets and implementing strong security practices.
Discover a few essential tips to make your experience with Kriptomat safer in our tutorial “How to Stay Safe in Crypto: Spot and Dodge the Most Typical Scams”.
Lastly, maintain a long-term perspective, as cryptocurrencies can be volatile, and impulsive decisions based on short-term price movements may not yield the best results.
The bottom line
The impact of inflation on your investment portfolio is a critical consideration in today’s economic landscape. Rising prices can erode the value of your assets and diminish your purchasing power over time. It’s essential to be proactive in seeking out strategies that can help protect your wealth.
Cryptocurrencies, with their unique characteristics such as limited supply, decentralisation, and accessibility, offer a compelling option for safeguarding your portfolio against the ravages of inflation. As demonstrated, they have the potential to act as effective hedges and store of value in times of economic uncertainty.To further explore how cryptocurrencies can bolster your investment strategy, we invite you to explore additional educational resources on Kriptomat. Additionally, consider signing up for a Kriptomat account, where you can begin your journey into the world of cryptocurrencies with confidence.
#Tranding 🔥 #Haider