Bitcoin’s halving reduces the block reward, cutting the rate at which new BTC is mined. Historically, halvings have been followed by significant price increases due to the lower supply. However, this effect can vary depending on market conditions, demand, and broader economic factors.
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Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They automatically execute and enforce the terms when predefined conditions are met. For example, a smart contract in a decentralized finance (DeFi) platform can release funds only when certain conditions are satisfied, like the completion of a transaction or a specific price trigger. The advantages of smart contracts include increased efficiency (no need for intermediaries), reduced risk of human error, enhanced security (due to blockchain’s immutability), and transparency (all contract details are visible on the blockchain). However, they are only as reliable as the code they are based on, and coding bugs or vulnerabilities can pose significant risks
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Moving averages (MAs) are key tools for identifying trends in cryptocurrency prices. A simple moving average (SMA) smooths out price data over a specific period, helping to spot long-term trends. The exponential moving average (EMA) gives more weight to recent prices, making it more responsive to market changes. Crossovers, like the “golden cross” (short-term MA crossing above a long-term MA), can signal bullish trends, while the “death cross” (short-term MA crossing below a long-term MA) may indicate bearish momentum. These signals, combined with other indicators, help traders make informed decisions.
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