After Donald Trump won the US presidential election, the cryptocurrency market experienced a predictable and rapid surge. Bitcoin prices began to rise rapidly, setting new records. The increase in the value of the cryptocurrency was driven not only by the election results, but also by the general increase in interest in cryptocurrencies due to events on the global stage. $80,000 - a new record for bitcoin On November 6, a few hours after the election results were announced, the price of bitcoin exceeded $75,000, and by November 8, it reached $77,000. Compared to the beginning of the week, when the cryptocurrency was trading at 68-69 thousand, this was a significant jump. The previous record for the price of bitcoin was set in March 2024, when news of the launch of spot bitcoin ETFs contributed to the market excitement. However, the...

What is a cryptocurrency seed phrase? How it works and how to secure it A seed phrase (seed phrase) is a sequence of 12 or 24 random words that contain information necessary to recover a lost or damaged cryptocurrency wallet. It is also known as a mnemonic phrase and is considered a security key for digital assets held in personal custody. Sometimes the seed phrase is called a “recovery phrase” or “backup phrase”. Some people use this term as a synonym for a private key, which is a mistake, because they are different things. What is important to know? A cold wallet protects your crypto assets at the time of use, which makes your transactions safe, isolated from the Internet and, accordingly, from viruses and hackers. You can break it or lose it, and your money won't go anywhere. The...

Blockchain abstraction. Let's understand what it is, how it works, and why it is needed. The term "abstraction" is used in various fields to describe the process of separating the technical component of a product from the user experience. For example, to send an email, a person doesn't need to understand the differences between IMAP and POP3 email protocols or learn the SMTP data structure. Accordingly, blockchain abstraction means the separation of the technical characteristics of decentralized networks from the user interface and the experience of interacting with applications built on them. Among the first ones are: use of gas tokens to pay for transactions complex mechanics of creating and managing cryptocurrency wallets the need to transfer assets between different networks How does blockchain abstraction work? Efficiency Imagine if you could only send messages from iPhone to another iPhone, but...

In January, Notcoin appeared on Telegram. Is it a new cryptocurrency from Pavel Durov, a demonstration of the messenger's capabilities, or just a meme game? Perhaps it is both. The Notcoin on X page was registered at the end of November 2023. The public version of the Notcoin gaming program was presented on January 1. Immediately after the launch, the developers reported about 150,000 active users. By January 8, the daily number of active accounts exceeded 1.5 million, and the total number of players exceeded 4 million. Notcoin quickly gained popularity due to its integration with Telegram and support from the TON Foundation. What is Notcoin? Notcoin is a messenger application and cryptocurrency of the same name. As of the beginning of the year, trading in this currency has not yet begun, but a Binance page has already been created....

Your own bank on a smartphone or what is Bitcoin Cash and is it a good investment? This cryptocurrency has many names: Bitcoin Cash, Bitcoin ABC, BCC, BCH, BTCC, Bcash - it's all the same. There are constant disputes around this cryptocurrency and they do not subside even today. Many cryptocurrency owners still cannot explain the difference between Bitcoin and Bitcoin Cash, but we have figured it out and will explain everything to you. What is Bitcoin Cash? Bitcoin Cash (BCH) was launched in August 2017 as a result of a hard fork of the Bitcoin (BTC) blockchain. A hard fork is essentially a blockchain divided into two parts, each of which becomes its own cryptocurrency with its own unique blockchain. Unlike a soft fork, which is a blockchain update where only one of the parts of the blockchain that...

What is cryptocurrency mining? And is it possible to make money on it? Let's start with the numbers: from 10% to 1000% per annum can be earned on cryptocurrency mining. What is mining and where did this name come from? Farming is one of the strategies for investing in cryptocurrencies. You lend out your coins to get interest on them. This way, you can earn from 10% to 1000% per annum. However, the risks of losing money are also high. Farming or profitable farming appeared in June 2020. Then the decentralized finance platform Compound started distributing its COMP token to users. The name itself has an interesting origin. Initially, the term “farming” came from an Internet meme, where an old video about haymaking was played in the context of cryptocurrencies. Workers in the fields sow some coins, and after a...

Bitcoin is not just a digital currency, but a real revolution in the world of finance and technology. One of the most important events in its life is halving. This is a process during which the reward for mining Bitcoin is halved, and it occurs about once every four years. Halving has a profound effect on the Bitcoin economy, affecting its scarcity, inflation, and even its price. In this article, we will take a closer look at what halving is, how it works, and why it is so important for all cryptocurrency market participants. Basics of the Bitcoin network: how the BTC blockchain works To understand what halving is, it is important to understand the basics of the Bitcoin network. Bitcoin transactions are grouped into blocks that are protected by the mining process. Miners use powerful computers to solve complex...

Cryptocurrencies have long been an important part of the global financial system, with Ukraine standing out as having the highest percentage of cryptocurrency owners in the world. Among the variety of cryptocurrencies, Tether (USDT), a stablecoin that has found widespread use in the field of digital assets, is particularly notable. A lesser-known fact is the existence of several versions of Tether, including a version based on the Tron blockchain known as TRC20. Stablecoins play a key role in the cryptocurrency market, representing a unique combination of the properties of cryptocurrencies and traditional fiat money. They serve as a bridge between the two worlds of finance, providing stability and reliability. Tether (USDT), issued by Tether Limited, is one of the most popular stablecoins and holds leading positions in terms of capitalization among similar assets. What USDT TRC20 is and the history...

Crypto Vertical: What you need to know when working in traffic arbitrage Cryptocurrencies first captured the public's attention in early 2009 when Bitcoin, now the most famous cryptocurrency in the world, entered the digital money market. This topic was particularly interesting due to a 2011 article in Forbes magazine, which dubbed Bitcoin the "currency of the future" and became the starting point for the widespread popularization of cryptocurrencies. Today, blockchain technologies have found application in various business areas, and in some countries, cryptocurrencies have been officially recognized for payments. It is possible to make money on cryptocurrencies not only through mining or investments. Traffic arbitrage is also becoming an increasingly popular method of earning money through the promotion of crypto offers. Let us consider this vertical in more detail. Characteristics of Crypto Vertical High Payouts: The crypto vertical can generate...