The Crypto Titans

Supply of Tether USDT reaches all-time high, surpassing previous record of $83.2 billion, set in May 2022

Major Events This Week to keep an eye..  ❗️❗️ - ISM Services PMI data - Monday - Consumer Credit data - Wednesday - Jobless Claims Data - Thursday - Last week of Q1 2023 earnings - June Federal meeting 10 days out - Fed blackout period begins, no speakers

$BNB 20x long position

⚠️ Warning : There are reports of #Atomic Wallet being compromised. Users are getting drained for millions of dollars. If you are using Atomic Wallet, please move your funds somewhere safe for now. So far $10 Billion worth cryptos are stolen from the atomic wallet.

SUNDAY EDUCATION What do you mean by DYOR ? 🍸 Today’s post covers arguably the most important crypto term in the industry: “DYOR,” which stands for “do your own research.” This acronym is a call to anyone who’s considering investing in a particular crypto project to take the time to conduct a thorough assessment of the project. The term “DYOR” gained popularity during the initial coin offering (ICO) craze from 2016 to 2018, which became a breeding ground for scammers, leading to many investors losing money. When you “do your own research,” you’re effectively protecting yourself from potential scams because as you dig deeper into the fundamentals of a project, you’ll uncover all the necessary signs to either invest or avoid the project altogether. The crypto industry is adept at offering tantalizing projects in which to invest; however, if you make DYOR your No. 1 priority, you’re bound to protect yourself from scams, and you might find those hidden gems.

Block Reward Halving Block Reward Halving is an event that occurs in certain cryptocurrency networks, most notably in Bitcoin. It is a programmed mechanism designed to reduce the rate at which new coins are created and introduced into circulation. In the context of Bitcoin, the block reward halving takes place approximately every four years, or after every 210,000 blocks mined. When the halving event occurs, the reward that miners receive for successfully mining a new block is cut in half. This means that the number of new Bitcoins generated with each block decreases by half. Initially, when Bitcoin was launched in 2009, the block reward was set at 50 Bitcoins per block. The first halving event occurred in 2012, reducing the block reward to 25 Bitcoins. The second halving occurred in 2016, reducing the block reward to 12.5 Bitcoins. The most recent halving took place in May 2020, reducing the block reward to 6.25 Bitcoins. This process will continue until the maximum supply of 21 million Bitcoins is reached. The purpose of halving is to control the inflation rate of the cryptocurrency and ensure its scarcity over time. By reducing the rate at which new coins are created, halvings contribute to a slower and decreasing supply of newly minted coins. This is in contrast to fiat currencies where central banks have the authority to create new money, potentially leading to inflation. Halving events often generate anticipation and speculation within the cryptocurrency community as they are expected to have an impact on the supply and demand dynamics of the cryptocurrency. Some proponents believe that halvings contribute to a long-term increase in the value of the cryptocurrency due to the reduced supply. However, it's important to note that the impact of halving events on the price and market dynamics of a cryptocurrency is influenced by various factors and is subject to market speculation and sentiment.

#FTM long entry just trigger $FTM #USDT #Crypto

$NEO staight from the VIP trials $NEO already had a double breakout - Trendline Breakout it broke out the continuous🔽 downtrend from the past 2 Days...✔️ - the wedge Breakout & having a retest the wedge is acting as a support🔼 $NEO to the Moon...✔️🔥

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$LINKUSDT LONG ENTRY :- 6.405-6.370 LEVERAGE 👉  10X - 20X 👇TAKE PROFIT 1️⃣ 6.451 2️⃣ 6.506 3️⃣ 6.565 4️⃣ 6.656

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