CoffeeAndCandles

The SEC’s Office of Investor Education and Assistance is issuing this Investor Bulletin to help educate retail investors about the ways investors can hold crypto assets. This Investor Bulletin provides an overview of types of crypto asset custody and provides tips and questions to help you decide how to best hold crypto assets.


What is crypto asset custody?
Crypto asset “custody” refers to how and where you store and access your crypto assets. You generally access crypto assets through a device or computer program referred to as a crypto wallet. Crypto wallets do not store crypto assets themselves; instead, they store the “private keys” or passcodes for your crypto assets.
Crypto Asset. A crypto asset is an asset that is generated, issued, and/or transferred using a blockchain or similar distributed ledger technology network, including assets known as “tokens,” “digital assets,” “virtual currencies,” and “coins.” Investors should know that the characteristics and design of crypto assets, and the distributed ledger or blockchain technology through which they are issued and/or transferred, can vary significantly. In other words, different crypto assets can present different benefits or risks.


When you create a crypto wallet, the following two keys or passcodes are created:
Private key. A private key is a randomly generated alpha numeric passcode that allows you to authorize transactions for the crypto asset. A private key is like a password to your crypto wallet. Once created, a private key cannot be changed or replaced. If you lose your private key, you permanently lose access to the crypto assets in your wallet.
 Public key. The public key is another code that is used to verify transactions and allow someone else to send crypto assets to your crypto wallet. The public key does not allow access to the private key in the wallet and cannot be used to authorize transactions. A public key is like the e-mail address to your crypto wallet.
Together, these keys prove your ownership of the crypto asset and grant you the rights to send, receive, or spend your crypto assets.


Hot vs. Cold Wallets
There are different kinds of crypto wallets, and different ways for retail investors to hold these wallets. The two primary types of crypto wallets are “hot wallets” and “cold wallets.” A hot wallet is a crypto wallet connected to the internet. This may be a desktop, mobile, or web application. Hot wallets provide you with a convenient way to access your crypto assets for transactions, but they also expose your crypto assets to cyberthreats.
A cold wallet is typically a physical device that is not connected to the internet, such as a USB drive, external hard drive, or even a piece of paper. A cold wallet is generally less convenient than a hot wallet for crypto asset transactions. However, since they are not connected to the internet, cold wallets are generally more secure from cyberthreats than hot wallets. That said, the physical devices for cold wallets can be lost, damaged, or stolen, which may result in a permanent loss of your crypto assets.
Protect your Seed Phrase! Many crypto wallets generate a “seed phrase,” also known as a seed recovery phrase, backup seed phrase, or mnemonic phrase. A seed phrase is a random sequence of words that allows you to restore your crypto wallet if you lose it or your private key, or its hardware or software is damaged or corrupted. Store your seed phrase in a secure place and do not share it with anyone.


Self vs. Third-Party Custody
You also need to decide whether you want to manage your crypto assets on your own (self-custody) or if you prefer to have a third-party manage your crypto assets (third-party custody). Hot and cold crypto wallet options exist for both self and third-party custody.
Self-Custody: With self-custody, you control your crypto assets and are responsible for managing the private keys to any of your crypto wallets. With self-custody, you have sole control over the access to your crypto assets’ private keys. Self-custody also means that you have sole responsibility for the security of your crypto assets’ private keys. If your crypto wallets are lost, stolen, damaged, or hacked, you may permanently lose access to your crypto assets.
#BTCVSGOLD

Das Binance-Futures-Volumen ist gerade über alle großen Märkte explodiert.
$BTC futures sind auf $48.4B gestiegen - einer der größten Anstiege seit Monaten - und $ETH , $SOL, $XRP, $TRX und $BNB sind gleichzeitig gestiegen.
Das ist keine isolierte Aktivität, es ist eine breitenmarktliche Futures-Zündung nach Wochen geringer Volatilität und enger Spannen.
Wenn Futures so aufwachen, bedeutet das normalerweise, dass Händler sich für eine viel größere Bewegung positionieren - nicht seitwärts schleifen. Sowohl Hedger als auch Momentum-Trader treten mit Größe erneut ein, und Binance ist wieder einmal der Ort, an dem der Liquiditätsansturm stattfindet.