An important rule for traders and investors is to enter a trade in parts. There is no need to try to guess the perfect moment to buy; most likely, this will not work😉
Leading crypto exchange Binance announced the completion of the 13th quarterly burn of BNB tokens, which was the largest in the history of the exchange.
Binance burned more than 2.25 million BNB tokens, which is 1.27% of the total, worth more than $ 68 million.
Over the past two months, the number of ETH on popular crypto exchanges has decreased by 20.5%
"The decline in the number of Ethereum on exchanges indicates the confidence of the largest holders of the second — largest cryptocurrency by capitalization," experts say.
Many pension funds and family offices have been actively buying cryptocurrency through hedge funds since last year. The reason is economic instability.
Michael Ross-Johnson, CEO of the cryptocurrency neobank Chatex:
"Even despite short-term market falls, at the end of a certain period (for example, one year), the crypto market remains steadily in growth mode"
The Swiss crypto wallet operator BRD claims that the number of its users has reached 6 million people worldwide. At the same time, the main growth is due to the residents of India and Latin America, and COVID-19 helps to attract people to digital assets.
In 2020, there are already about 101 million users of cryptocurrencies (the number of accounts in crypto services is almost twice as large - 191 million)
The IRS is adding the issue of cryptocurrency to the 1040 Form, which every American uses to file federal income tax.
Will crypto be taxed? I DON'T THINK SO huh
The House Digital Commerce policy Initiatives Committee (CDC) allocates $ 50 in bitcoin to each member of Congress ' campaign. This step was taken to introduce future congressmen to the concept of digital assets.