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Pi Network (PI) Drop for the week (March 24-31): 22%
From March 11 to March 27, the total balance of large bitcoin holders increased by 129 thousand BTC, or approximately $11 billion.
GameStop did not rule out that the decision to accumulate cryptocurrencies could expose its portfolio to additional risks related to the prices of digital assets.
Let’s talk about Market Makers, or MM for short. After the FBI news, some people might think they’re not great, but they actually do play an important role in crypto. So, what’s a Market Maker? They’re companies or people who help make trading easier. They always have buy and sell orders ready to ensure there are enough options for traders. If a lot of people want to buy a crypto asset but not enough want to sell, the Market Maker can step in to provide that selling option. This reduces the chances of prices spiking suddenly. On the other hand, if many people want to sell but not enough want to buy, the Market Maker can help by stepping in to buy the crypto that others want to sell. By doing this, they keep the supply and demand in check, which helps prevent sudden price swings and keeps the market more stable overall.
Ethereum is more than just a cryptocurrency; it’s a platform for innovation. Learn how smart contracts are changing industries. 😃 😁
In the financial market, Gold is classified as a raw material. Since January 2024, Bitcoin has also been classified as a commodity (thanks to this, an ETF was adopted). Don't you find it strange that when I talk about long-term investments in raw materials, it causes a lot of controversy and controversy? If I wrote that it is worth investing in Gold because it is a solid asset and at a distance it will grow in price, as fiat depreciates, this would not cause any protest. But when it comes to Bitcoin, an army of skeptics is sharpening their knives. Although both are raw materials. Why is there such a difference in people's reactions, and what does this tell us? This means that there is more confidence in gold, and no one doubts its reliability and that after 20 years, the demand for gold will exist, and it will be worth something.
Unlike traditional databases controlled by a single entity, blockchain distributes data across a network of computers, ensuring no single point of failure and enhancing security.