The dollar has been losing value for a while; since the 1970s, it has really lost 95% of its purchase power. This is partly due to growing inflation, which in 2022 shockingly hit 8%. In essence, $1 in 1913 was equivalent to $26 in 2020. #Binance #crypto2023 #dyor #Ethereum #Web3
Bitcoin leads crypto market recovery as regulators turn up heat:
March has been a turbulent month for the crypto industry. Bitcoin tickers down $27,904 recorded its highest weekly close in 10 months and raised hopes among many that the bear market is over.
This is what happened in web3 this week: Sony files patent for NFTs to allow transfers between games and consoles. EOS Network Ventures Commits $20M to Build Dapps and Games on EOS Blockchain. The German government has set aside $1.2 million to develop “Star Life”, a free-to-play metaverse game that integrates blockchain elements. NFT Marketplace Magic Eden Forms Web3 Games Collective With Leading Publishers and Communities. MetaMask adds EIP-4361 so users can securely log into websites with its crypto wallet. Unstoppable Domains releases web3 domain names for Polygon blockchain. Korean gaming giant Nexon to work with Polygon for MapleStory Universe NFTs. Aura Network launches The Xstaxy Mainnet, making NFTs accessible to the mainstream. Fenix Games and Sequence Announce Technology Partnership to Bring World-Class IP Games to Web3. Disclaimer: This is not financial advice. #Binance #crypto2023 #dyor #BTC #Web3
This Is What Happened In The Cryptocurrency World Today: Nasdaq will begin offering crypto custody services in the second quarter of 2023. El Salvador President to eliminate all taxes on income, property, and capital gains for technology innovations. Coinbase to start donating to pro-crypto candidates in US elections. Litecoin Founder Charlie Lee Says Bitcoin Fixes World’s ‘Dirty Gold’ Problem. German dwpbank to offer Bitcoin trading to 1,200 affiliate banks on new platform. Boxing Heavyweight champion Oleksandr Usyk seeks to tokenize boxers’ careers. Tether chief technology officer Paolo Ardoino believes USDT is becoming the “safest asset to hold in the world” amid the banking crisis. ARK Invest purchased 269,928 shares in Coinbase on March 23, only two days after it sold $13.5 million, its first sale of Coinbase shares this year. Disclaimer: This is not financial advice. #dyor #BNB #Binance #crypto2023
USDT the world's largest stablecoin can be sent within chats in the telegram messaging app. USDT has been added to Telegram's @wallet bot, expanding its #crypto capabilities Telegram's development of the Open Network (TON) blockchain project.
I will like to share an educative article on the types of people drawn to the crypto markets THOSE THAT ARE IN FOR THE TECH / TECH SAVVY : These have been going on in the cryptocurrency space, some people are Tech savvy that has been following the industry for years and has a deep understanding of the technology as well as the massive risks associated with it. However, most people stumbled across crypto by chance we’re intrigued by the huge profits being made and ultimately jumped in because of the hype and easy money. over the last few bold cycles, a lot of money was made from people's speculation gambling and ultimately getting lucky and this is one of the main reasons crypto has ruined people's lives because they got into the crypto space with the intention of trying to get rich quickly without taking the time to: ▶️ Learn about the technology. ▶️ Learn about the risks. ▶️ Learn about managing money. ▶️ Learn about safely managing in crypto. ▶️ Learn about wealth. ▶️ Learn about the financial market. Understanding that crypto had never weathered an actual macro bear market like we’re experiencing now. The fact that some people were able to make quick easy money from buying a random cryptocurrency at a low price and selling it to someone else at a higher price ruined so many people's lives because at the end of the day, many people didn’t develop any real skills or expertise required to become successful and maintain successful long term SHORTCUT TAKERS: Most of us got into crypto trying to take a shortcut by getting lucky and when in reality true monetary and materialistic success requires hard work dedication and willingness to learn, that’s why you will keep asking questions like "WHICH COIN SHOULD I BUY ? This will never make you truly successful The question we need to be asking ourselves is: ✅how can we make sustainable income over time? ✅How can we increase that income over time? ✅How can we create multiple ways that generate cash flow for ourselves? Who has the ability to focus on things that matter long term will they ever jump into crypto to try and get rich overnight ? No, they wouldn’t. Understanding the risks they took because if they had taken the time or opportunity to thoroughly research and understand the technology. They likely would not have put any money they could not afford 2 lose GAMBLING:- Crypto keeps ruining our lives because many of us need to be honest with ourselves and acknowledge that one of the main reasons we were initially drawn to the space was possible because we wanted to try and get rich overnight by gambling in the crypto market and if that’s the case that’s fine let’s accept that reality and the truth next we need to reframe that reality. -Note: We need to keep learning new skills to increase our income and the importance of learning how to manage wealth long-term, yes, the fact that people got rich overnight in the crypto markets has ruined so many people's lives and emotional decision-making. The reality is making money and keeping money takes time, skill, determination, discipline and focus and it’s never as easy. If you’re still here, You are strong, You have persevered, You are resilient and you’re focused. So let’s keep cultivating the skills and knowledge required to experience success in our crypto journey and our lives at large. kindly Like & Follow me for similar article like this. #BNB #BTC #ETH #Ai