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Showing posts from March, 2024

"Buy as many bitcoins as you can afford to buy"

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Bestselling author of Rich Dad Poor Dad Robert Kiyosaki called bitcoin a real asset, urging investors to switch from investing in stocks and prioritize BTC accumulation. According to the entrepreneur, the stock market is doomed to collapse, and the current economic situation is not conducive to investing in traditional assets. Bitcoin is a safe harbor in times of any economic uncertainty, Robert Kiyosaki believes.

New cryptocurrency security technologies

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Hacking of blockchain platforms is a growing concern in the digital community. According to Immunefi, a company specializing in cryptocurrency network security, hackers withdrew over $200 million from 32 projects in the first 2 months of 2024. That's 15.4% more than in January and February 2023. The total damage from exploits last year amounted to $1.8 billion. To ensure the security of cryptocurrency platforms, developers are constantly improving technologies. Main risks in the cryptocurrency market Investing in digital currency attracts high returns. Therefore, there are many dangers in the cryptocurrency market. Analysts combine the risks into several groups: Vulnerabilities in cryptocurrency wallet security systems. Private keys, which are 256-bit code, securely guard access to vaults. It would take attackers millions of years to crack them. Wallets become vulnerable due to bugs in the program and user errors. Phishing attacks. Attackers often use fake emails on beh...

Will Bitcoin be priced at $100,000

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In the first weeks of March, bitcoin broke all previously set price records. On Wednesday, March 13, the value of the coin exceeded $73,000, and its market capitalization approached $1.5 trillion. In ten years, bitcoin's value has grown by 107365.9%, which has never happened before in the market with any of the assets, including gold, platinum and oil. Naturally, the rapid growth of the VTS price is causing a lot of heated debates on whether the coin can set an all-time record by reaching the $100,000 mark. It can, but under certain conditions. Despite being a highly risky and speculative instrument, bitcoin's value and ability to generate profits is astounding. In the last six months, the value of the coin has grown from $27,000 to $73,000. And there are several reasons for this. The first and most important one is the SEC's approval of applications for tradable funds on BTC and ETH. In fact, this event marked the beginning of mass adoption of cryptocurrencies among corp...

Bonk, Shiba Inu and Dogecoin take off — which other meme coins are worth keeping an eye on in March

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The bullish growth of meme coins began after industry leaders — such as Bonk, Shiba Inu, and Dogecoin — experienced extraordinary price rises. For example, BONK is up 40 % from recent lows, while SHIB is up over 90 % (now, though, it's back down again). While analysts are predicting a promising price movement, traders are looking for alternatives from which they can capitalize during the current bull rally. Experts suggest that the next 4 meme coins are worth keeping an eye on, as their popularity is skyrocketing. SMOG While BONK is an enviable crypto asset, there is another contender that is competing for traders' attention. This is the Smog token (SMOG) , which caused a big stir in the market immediately after its listing. While BONK is an enviable crypto asset, there is another contender that is competing for traders' attention. This is the Smog token (SMOG), which caused a big stir in the market immediately after its listing. This cryptocurrency has gained inves...