In this guide you will learn: how to register on the exchange Binance, learn how to buy crypto with a plastic card and also make your first transaction on P2P!
Raoul Pal said on a YouTube podcast that Etherium, the leading smart contracts platform, could surpass Bitcoin in the long run. The macroeconomist agrees that Bitcoin is the best Crypto-asset and surpasses Ether in terms of market capitalization, trading volume and number of active wallets. However, according to Pala, over the past few years, Ether has already found a way to surpass Bitcoin:
What happened? In the first quarter of 2022, Kazakhstan’s budget increased by 652 million tenge ($1.52 million) thanks to companies Mining Cryptocurrencies in the country. The authorities introduced a fee for mining on January 1, 2022. It is calculated at a rate of 1 tenge ($0.002) per 1 kWh of electricity. The State Revenue Committee of the Ministry of Finance of Kazakhstan said that tax reporting for individuals engaged in Mining is not provided, said RBC.
The fall of the ruble, the collapse of the stock market and restrictions on foreign exchange transactions are forcing us to look for new approaches to asset management. Cryptocurrency, a digital currency, could be a solution both for those who interact with foreign counterparties and for those who simply want to diversify risks.
Bitcoin (BCT) has bottomed out and is ready to exit the bearish trend, says Yves Lamoureux, who correctly predicted global reversals in the Cryptocurrency market in 2021, 2020 and 2017
Binance intends to strengthen user identification control (KYC) and minimize risks to its business. The exchange has signed agreements with analytics company Kharon and cloud diagnostics provider Neterium, which will help identify illegal activity on the site.
The founder of hedge fund Bridgewater Associates, Ray Dalio, reiterated that he has a small amount of Bitcoins in his portfolio.
According to analysts at investment bank JPMorgan, in the current cycle, the fair price of Bitcoin should be $38,000. That is, it should be about 38% higher than today’s values of the largest Cryptocurrency.
Venture capital fund Andreessen Horowitz (a16z) is launching the A16z Crypto Research division, which will follow the model of labs such as Alphabet’s OpenAI and DeepMind. Under the new unit, scientists will tackle the most challenging problems in Web3 and Cryptocurrencies. It will be led by Columbia and Stanford University professor Tim Roughgarden, who has studied Web3 extensively.
According to the Terra team, tomorrow, May 27, a new Blockchain based on the Terra network will be launched, but without the TerraUSD (UST) algorithmic stackcoin. The Token of the old network will be called “Luna Classic (LUNC)”, while the new Token will retain the old name “LUNA. The developers reported that the new Terra Core code has already been released and the code base has been verified by SCV Security.