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Burning coins removes them from circulation permanently by sending them to a dead wallet address on the blockchain. If the price of a cryptocurrency falls below the cost of production, some miners may stop mining, in turn reducing the rate at which new coins are added to the supply. Cryptocurrency mining requires expensive computer hardware. This is to maintain a […]
Once you begin to understand it, however, the idea becomes a lot simpler. A “bullish” market, or bull market, occurs when the price action appears to steadily increase. Reading the market is the ongoing process of spotting patterns, or trends, over time, which the trader can choose to act upon. Overall, there are two market trends: bullish and bearish. The […]
A cryptocurrency whale made a complex leverage trading operation using Ethereum (ETH) as collateral to borrow $34 million in USDC. … Continue reading
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The volatile cryptocurrency market has once again demonstrated its potential for spectacular gains. A recent investment turnaround involving the meme … Continue reading
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