Here’s some good 🗞️ ! Iconic luxury car brand FERRARI has begun accepting #Bitcoin‬ and other #cryptomonnaies in the United States. A huge step towards crypto adoption in the automotive industry!#Write2Earn #Bitcoin‬ #FerrariGoesCrypto! $BTC

Bitcoin (BTC) and Ethereum (ETH) are the leading cryptocurrencies, with BTC ETFs gaining popularity, allowing traditional investors to gain exposure to the volatile Bitcoin market.

The prospect of Ethereum ETFs raises anticipation of a similar trend, potentially diversifying investment options. However, crypto education relies on a collective effort, not a single entity, to fill knowledge gaps. For true creation and redistribution of wealth, a collaborative approach is essential.

By tackling poverty and inequality, widespread financial inclusion becomes achievable, thereby promoting economic growth. Every stakeholder must help harness the full potential of cryptocurrencies, thereby fostering an economic boom that benefits society as a whole.

#Write2Earn
#ETFs.
#CryptoChallenge
#cryptomonnaies

🚨📈 What is a perpetual contract in #trading of #cryptomonnaies

🔶 A perpetual contract in cryptocurrency trading is a financial product that tracks the price of the underlying cryptocurrency. Perpetual contracts are used to speculate on the evolution of the price of a crypto-asset upwards or downwards without buying it spot.

🔶 A perpetual contract #BTC allows for example to trade Bitcoin in a decentralized way without holding it in a wallet. For example, the dYdX platform allows you to trade Bitcoin perpetual contracts and other cryptocurrencies.

🏛️ How does a crypto perpetual contract work?

🟢 Long and short positions.
Cryptocurrency perpetual contract trading allows you to bet on the price going up via a long position and on the downside via a short selling position. Perpetual contracts are therefore used to try to anticipate market movements and thus take advantage of the volatility of a crypto.
Applying leverage to a perpetual contract allows you to multiply potential gains, however this trading tool requires extra caution, as potential losses are also multiplied.

🟢 Financing rates
Funding rates allow a trading platform to reproduce the price of an asset on the market by balancing users' long and short positions. Indeed, an imbalance would lead to a decorrelation of the price of the perpetual contract compared to the price of the underlying asset on the market.

🟢 The maintenance margin.
A crypto perpetual contract that has no expiration date. When their maintenance margin reaches the minimum threshold, the trader receives a margin call to add funds, otherwise their position will be liquidated by #protocole to reimburse their losses.

🚨📞 Telecommunications giant Deutsche Telekom is launching into Bitcoin #minage .

🏛️ #Deutsche Telekom is the leading European telecommunications company, and it has already experimented with blockchain. This latest initiative is, however, significant: it launches into the mining of #cryptomonnaies , probably Bitcoin. The news was announced by the company's Web3 manager, Dirk Röder, as part of the #BTC Prague conference, which took place last Friday.

💹 Dirk Röder recalled that Deutsche Telekom has already been operating nodes since 2023 for the Bitcoin network as well as the Lightning Network.

🔶 Questioned by a presenter, Deutsche Telekom manager #Web3 confirmed that it was indeed Bitcoin mining. We don't know more on the subject at the moment, but it is a significant step forward. The company is in fact the largest telecommunications company in Europe: it currently weighs 120 billion dollars.

🏛️ #Bitcoin 2024: several presidential candidates plan to speak.

📊 Former President Donald Trump, candidate in the next US elections, could speak at the major Bitcoin 2024 convention taking place in Nashville in the United States.

💰 Bitcoin 2024, an event organized by the media outlet Bitcoin Magazine, will take place July 25-27, a week after the Republican National Convention. It is considered the biggest Bitcoin event of the year.

🚨 Donald Trump will not be the only candidate to attend the convention. Robert F. Kennedy Jr. is expected to speak there, as is former GOP candidate Vivek Ramaswamy. U.S. Senators Bill Hagerty and Marsha Blackburn are also expected to speak during the convention.

📈 Other controversial figures are often among the speakers at the annual gathering of bitcoiners. In previous years, the event has welcomed guests from a variety of backgrounds, such as Canadian psychologist and author Jordan Peterson and investor Peter Thiel.

🎯 For the moment, the #président of the United States Joe Biden will not participate in the Bitcoin 2024 event, further proof of the difference of opinions which is felt between Donald Trump and Joe Biden on the questions of regulations of digital assets in the US.

💎 Donald Trump's enthusiasm for Bitcoin (#BTC ) and for #cryptomonnaies is in contrast to Joe Biden's reluctance towards this asset class. Thus, more and more crypto investors intend to support or already support the campaign of candidate Donald Trump.

Cryptocurrency Loss:

Cryptocurrency loss is an inherent risk in this volatile market. Several factors can cause the value of your digital assets to decline:

* Market volatility: Cryptocurrency prices fluctuate widely, sometimes unpredictably, depending on many factors (new regulations, institutional adoption, etc.).

* Hacking: Exchanges and wallets can be hacked, resulting in the loss of your funds.

* Loss of private keys: If you lose or forget your private keys, you will lose access to your cryptocurrencies.

* Fraud: Scams are common in the cryptocurrency world. Be wary of offers that seem too good to be true.

* Regulation: Governments around the world are implementing regulations that can impact the cryptocurrency market.
How to limit the risks?

* Diversification: Spread your investments across different cryptocurrencies to reduce the impact of a single currency drop.

* Security: Use secure wallets and apply best practices in IT security.

* Information: Stay informed about the latest market trends and new regulations.

* Patience: Don't get carried away by the market frenzy and invest for the long term.

It is important to note that cryptocurrency investments carry high risks and are not suitable for all investor profiles. Before you start, educate yourself and consult a financial advisor if necessary.
#BinanceTurns7 #cryptomonnaies #investisseurs #Bitcoin

Stablecoins are an exciting topic in the cryptocurrency world.

What is a stablecoin?

It is a cryptocurrency designed to maintain a stable value relative to an underlying asset, such as the US dollar or the euro. Unlike more volatile cryptocurrencies like Bitcoin, stablecoins offer greater stability, making them interesting for various applications.

Why are stablecoins important?

* Stability: As the name suggests, they offer stability that can be useful for payments and transactions.

* Accessibility: They provide access to the benefits of blockchain (speed, security, transparency) without the downsides of volatility.
* Applications: They are used in many areas, including decentralized finance (DeFi), cross-border payments, and as a store of value.

How do they work?

There are different methods to maintain the stability of a stablecoin:

* Collateralized: They are backed by real assets (fiat, cryptocurrencies, etc.) in a ratio of 1:1 or more.

* Algorithmic: They use algorithms to adjust supply and demand to maintain parity with the reference asset.

What are the risks?

* Counterparty risk: If the issuer of a collateralized stablecoin goes bankrupt, the value of the stablecoin may be affected.

* Disconnection risk: Algorithmic stablecoins can experience episodes of high volatility if the algorithmic mechanisms do not work as expected.

* Regulation: The stablecoin industry is constantly evolving and regulation can have a significant impact on their use.

In summary
Stablecoins are a promising innovation in the world of cryptocurrencies, but it is important to understand their mechanisms and the associated risks before investing.
#stablecoin $USDC #usdt #cryptomonnaies #binance

🏛️ The German government suddenly transfers 6,500 #Bitcoins : what happened?

🔶 Currently, Germany is among the largest Bitcoin holders in the world with a reserve of around 50,000, which places it in 4th position behind the United States and China.

🔶 At the origin of this significant loot is the illegal streaming platform Movie2k. The site's operators are said to have invested heavily in Bitcoin starting in 2013, using revenue from advertisements and subscriptions.

🔶 But in 2020, the German authorities intervened by closing the website and arresting several suspects. In concert with the tax authorities and the prosecutor, it was in 2024 that the Saxony criminal police finalized this seizure, thus pocketing nearly 50,000 BTC.

🔶 It is quite common for governments to seize #cryptomonnaies as part of investigations into criminal networks. The government in question can subsequently use this seizure to transform these digital assets into commodity currencies, to replenish public accounts for example.

🔶 This entire transfer was made to a new public address, still unknown to the public (step 1). An additional 2,359 BTC went to addresses affiliated with the German government (step 2).

🔶 Subsequently, these 2,500 Bitcoins were redistributed to several exchanges including Kraken, Bitstamp and Coinbase, but also to an unknown address (step 3).

🔶 In sum, the main #wallet still holds 47,179 Bitcoins, worth over $3 billion at the time of writing. Ultimately, only 1,700 BTC was sent to cryptocurrency exchanges, an amount that does not appear to have been converted into traditional currencies at this time.

Long-term trading:

Long-term trading involves holding financial assets (stocks, bonds, commodities, cryptocurrencies, etc.) for an extended period of time, usually longer than a year.
This strategy differs from day trading where positions are opened and closed within the same day.

Why invest for the long term?

* Reduced volatility: By investing for the long term, you are less exposed to daily market fluctuations.

* Growth potential: Over the long term, financial markets have historically tended to rise.

* Dividends and interest: Many assets pay regular dividends or interest, increasing your total return.

* Taxes: Capital gains realized over the long term are often taxed at a more favorable rate than those realized over the short term.

Long-term trading strategies

* Buy-and-hold: The simplest strategy is to buy an asset and hold it for the long term, regardless of market fluctuations.

* Value investing: This approach involves identifying companies that are undervalued by the market and buying them in the hope that they will be revalued to their fair value.

* Growth investing: This strategy aims to invest in high-growth companies, hoping that their stock price will follow this growth.

* Indexing: This involves investing in index funds that track the performance of a particular stock index.

Keys to success

* Diversification: Spread your investments across different assets to reduce risk.

* Patience: Long-term trading requires patience. Don't be influenced by short-term fluctuations.

* Knowledge: Learn about the financial markets and the companies you invest in.

* Investment plan: Establish a clear investment plan and stick to it.
#tading #cryptomonnaies #BinanceSquareFamily #BinanceTurns7