@education CryptoπŸš€
5.92K subscribers
202 photos
23 videos
31 links
Unlock the @crypto universe with us! 🌟

Learn the art of buying, selling, and trading crypto currencies safely and responsibly. πŸ’°

Let's navigate the blockchain together! πŸš€

Buy ads: https://telega.io/c/education

πŸ’Œ @dope
by @umar_eng
Download Telegram
πŸͺ™Exploring the Ethereum Ecosystem

β€” Ethereum, the second-largest cryptocurrency by market capitalization, has become the undisputed leader in blockchain innovation. Launched in 2015 by Vitalik Buterin and others, Ethereum is more than just a digital currencyβ€”it’s a decentralized platform for building and running smart contracts and decentralized applications (dApps).

πŸ’¬What is Ethereum?

β€” Ethereum is an open-source blockchain platform powered by Ether (ETH), its native cryptocurrency. Unlike Bitcoin, which primarily serves as a digital store of value, Ethereum introduced programmable smart contracts, enabling automated agreements without intermediaries.

πŸ•”Smart Contracts:
Smart contracts are self-executing contracts with predefined rules written in code. They eliminate the need for intermediaries, reducing costs and increasing efficiency. This feature forms the foundation of most Ethereum-based innovations.

πŸ•”Decentralized Applications (dApps):
Ethereum hosts thousands of dApps across industries like finance, gaming, healthcare, and supply chain. Popular examples include:
- Uniswap (Decentralized Exchange)
- Aave (DeFi Lending)
- OpenSea (NFT Marketplace)


πŸ•”Decentralized Finance (DeFi):
Ethereum revolutionized the financial world with DeFi applications, allowing users to borrow, lend, and trade without banks. Ethereum’s DeFi ecosystem controls billions in total value locked (TVL).

πŸ•”Non-Fungible Tokens (NFTs):
Ethereum became the home of NFTs, unique digital assets representing art, music, and more. The ERC-721 and ERC-1155 token standards power NFTs. Famous NFT collections like Bored Ape Yacht Club and CryptoPunks originated here.

πŸ•”Layer-2 Scaling Solutions:
To address Ethereum's scalability issues, Layer-2 solutions like Arbitrum, Optimism, and zkSync were introduced. These technologies reduce transaction fees and enhance speed while leveraging Ethereum's security.

πŸ•”Ethereum 2.0 and Staking:
Ethereum transitioned to a Proof-of-Stake (PoS) consensus mechanism in 2022, significantly reducing energy consumption and enabling ETH staking for rewards. This upgrade laid the foundation for improved scalability and efficiency.

✍️Ethereum’s versatility extends to numerous industries:

β€’ Finance: Lending platforms, decentralized exchanges, and stablecoins.
β€’ Gaming: Blockchain-based games like Axie Infinity.
β€’ Supply Chain: Transparent tracking of goods and services.
β€’ Identity: Secure identity management systems.

πŸ“‰Despite its dominance, Ethereum faces challenges:

β€’ Scalability: High gas fees during network congestion.
β€’ Competition: Rising competitors like Solana and Binance Smart Chain.
β€’ Complexity: User experience can be daunting for beginners.

@education – Learn. Invest. Succeed.
Please open Telegram to view this post
VIEW IN TELEGRAM
πŸ”₯4❀3πŸ’―3
πŸ›‘Can Quantum Computers Hack the Bitcoin Network?

🩸News about Google’s new quantum computer caused concern in the crypto market, as many see quantum computers as a potential threat to the Bitcoin network.

Currently, quantum computers are far too weak, while the Bitcoin network is protected by strong cryptography (SHA-256).

To break into the Bitcoin network, a quantum computer would need approximately 1.9 billion qubits of processing power. However, the most powerful quantum computer today, owned by IBM, has only 127 qubits of computational capacity.

Google has expressed hope to develop a quantum computer with 1 million qubits by 2030, but we are still far from that reality.

✊Experts estimate it could take 10–20 years for quantum computers to pose a genuine threat to Bitcoin. Even so, there are already solutions in place to protect against this potential risk, such as advancements in quantum-resistant cryptography.

This means Bitcoin remains secure for the foreseeable future.

@education – Learn. Invest. Succeed.
Please open Telegram to view this post
VIEW IN TELEGRAM
❀5πŸ’―2πŸ”₯1
πŸ’°TOP 10 crypto-related abbreviations

NFT (Non-Fungible Token): Unique digital assets stored on the blockchain, often used for art, collectibles, and gaming.

DeFi (Decentralized Finance): Financial systems built on blockchain that operate without central authorities, allowing lending, borrowing, and trading.

HODL (Hold On for Dear Life): A misspelled "hold" that became slang for holding onto crypto assets through market volatility.

FOMO (Fear Of Missing Out): The anxiety of missing out on potentially profitable opportunities, often leading to impulsive investments.

FUD (Fear, Uncertainty, Doubt): Negative rumors or misinformation spread to create panic and drive prices down.

DAO (Decentralized Autonomous Organization): Organizations run by smart contracts and governed by token holders without centralized leadership.

DYOR (Do Your Own Research): A reminder to thoroughly research before investing in any crypto project.

KYC (Know Your Customer): A compliance process requiring identity verification to prevent fraud and money laundering.

ATH (All-Time High): The highest price ever reached by a cryptocurrency or asset.

P2E (Play-to-Earn): A gaming model where players earn cryptocurrency or NFTs by participating in games.

@education – Learn. Invest. Succeed.
Please open Telegram to view this post
VIEW IN TELEGRAM
πŸ‘4❀2πŸ†’2
πŸ’ΈTop Companies Holding Bitcoin in 2024

From tech giants to miners, these companies are leading the charge in Bitcoin accumulation πŸ“ˆ
Please open Telegram to view this post
VIEW IN TELEGRAM
πŸ’―7πŸ‘1πŸ†’1
Today marks the 16th anniversary of Bitcoin, the world's first cryptocurrency. The first "genesis block" of the Bitcoin blockchain was created on January 3, 2009. On that day, Satoshi Nakamoto mined the first 50 BTC.

Satoshi left an important message in the Genesis block hash: The Times headline, β€œChancellor on brink of second bank bailout.” The headline was a reference to the way governments print money during economic crises, which devalues ​​people’s savings.

Later, Satoshi withdrew from the project, handing over control of the project to the community. Today, Bitcoin continues to develop.
❀8πŸ‘2πŸ’―2
πŸ••How Bitcoin is better than U.S. Dollar?

1. Supply and Inflation

πŸ’ΈUSD:

- The U.S. Federal Reserve can print unlimited amounts of money, which devalues existing dollars over time.
- Inflation erodes purchasing power, making savings in USD less reliable.
- Since 1971, when the gold standard was abandoned, the USD has lost over 85% of its purchasing power.

πŸ₯‡BTC:

- Bitcoin has a fixed supply of 21 million coins, ensuring scarcity.
- This deflationary model increases its value over time, rewarding holders.
- No central authority can manipulate its supply.

2. Transparency and Trust

πŸ’ΈUSD:

- The U.S. government and Federal Reserve control the currency. Their decisions (e.g., quantitative easing) often lack transparency and disproportionately benefit the wealthy and powerful.
- Banking systems rely on intermediaries, increasing costs and risks of corruption or mismanagement.

πŸ₯‡BTC:

- Operates on a decentralized blockchain, where every transaction is public and immutable.
- No reliance on intermediaries, reducing fraud and enhancing trust.

3. Opportunities and Wealth Creation

πŸ’ΈUSD:

- Wealth creation with USD is often tied to traditional investments, subject to inflation and systemic risks.
- The rich benefit from asset inflation (stocks, real estate) while the poor suffer from wage stagnation and rising costs.

πŸ₯‡BTC:

- Early adopters of BTC have seen massive returns. Holding BTC for long periods has consistently outperformed many traditional investments.
- It democratizes access to financial growth, allowing anyone to participate without gatekeepers like banks.

4. Global Reach and Accessibility

πŸ’ΈUSD:

- While the USD is the global reserve currency, it excludes billions of unbanked individuals from the financial system.
- Cross-border transactions are slow, expensive, and subject to restrictions.

πŸ₯‡BTC:

- Bitcoin allows borderless transactions with minimal fees and no intermediaries.
- It's accessible to anyone with internet access, empowering the unbanked.

5. Long-Term Sustainability:

πŸ’ΈUSD:

- The USD's value depends on trust in the U.S. government. With growing debt (over $33 trillion) and monetary policy that prioritizes short-term fixes, the system faces potential collapse. Fiat currencies have historically failed; the average lifespan of a fiat currency is 27 years.

πŸ₯‡BTC:

- Bitcoin’s decentralized nature makes it resistant to government interference and collapse. Its energy consumption is often criticized, but proponents argue it’s a feature, securing the network and incentivizing renewable energy use.

πŸ“‰Why USD Could Be Considered the Biggest Scam?

- Unlimited Printing: The Federal Reserve’s ability to print money benefits banks and governments but devalues individuals’ savings.
- Wealth Inequality: The USD-based financial system has widened the gap between the rich and the poor.
- Global Manipulation: The U.S. uses the USD as a geopolitical weapon, controlling other nations through sanctions and trade policies.
- Hidden Tax (Inflation): Inflation acts as a silent tax on the middle and lower classes, eroding wealth without explicit consent.

πŸ“ˆWhy People Are Switching to BTC?

- Store of Value: Bitcoin is often called "digital gold" due to its scarcity and resilience to inflation.
- Censorship Resistance: No entity can block or reverse Bitcoin transactions, unlike bank accounts frozen by governments.
- Wealth Preservation: Over time, BTC has consistently increased in value against the USD, making it a safer long-term asset.
- Global Adoption: Countries like El Salvador have already adopted BTC as legal tender, showcasing its potential as an alternative to fiat currencies.

@education – Learn. Invest. Succeed.
Please open Telegram to view this post
VIEW IN TELEGRAM
πŸ‘5πŸ†’3❀2
This media is not supported in your browser
VIEW IN TELEGRAM
πŸ’Έ Michael Saylor Plans to Burn All His BTC After Death

Michael Saylor, the founder of MicroStrategy and an active Bitcoin supporter and one of the world's largest Bitcoin investors, has announced that all of his BTC assets will be burned upon his death.

He stated that this move would be a proportionate contribution that would serve the interests of all cryptocurrency users.

@education – Learn. Invest. Succeed.
Please open Telegram to view this post
VIEW IN TELEGRAM
❀1
πŸ—Ώ It has been announced that $TRUMP shitcoin will also be listed on Binance and Coinbase exchanges.

πŸ“Š The token inflation and distribution are as follows:

- 36% (360 million tokens) After 3 months, 500,000 tokens will be unlocked every day for 24 months.
- 18% (180 million tokens) 250,000 tokens will be unlocked every day for 24 months after 6 months.
- 18% (180 million tokens) 250,000 tokens will be unlocked every day for 24 months after 12 months.
- 10% (100 million tokens) to ensure liquidity.
- 10% (100 million tokens) went public.
- 4% (40 million tokens) 55.5 thousand tokens will be unlocked every day for 24 months after 12 months.
- 2% (20 million tokens) 27.7 thousand tokens will be unlocked every day for 24 months after 12 months.
- 2% (20 million tokens) 27.7 thousand tokens will be unlocked every day for 24 months after 12 months.

☠️ Market capitalization at current price ($39) is $7.8 billion.

❗️The official website of the token states that it is not an investment object and that it is intended to support Trump.
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
πŸ‘6❀3πŸ”₯2
πŸ’ΉHow Influencers Execute Rug Pulls on the Solana Network and How to Avoid Them

– Rug pulls are a common scam in the cryptocurrency world, where a project’s creators abandon it after collecting investors' funds. Influencers often play a key role in promoting these schemes, especially on fast-growing networks like Solana.

πŸͺ™How Rug Pulls Happen on Solana
Project Creation:

– Scammers create a new token or NFT collection on the Solana network, leveraging its low fees and high speed. The project usually promises innovative features, huge returns, or exclusive benefits.

Influencers with large followings promote the project, claiming it’s the β€œnext big thing.” They may create hype through social media posts, flashy marketing campaigns, and partnerships. Some influencers may genuinely believe in the project, while others are knowingly complicit.

Once people start buying the token, the scammers add liquidity to decentralized exchanges (DEXs) to boost trading activity. They may even fake trading volume to attract more investors.

β›°The Rug Pull

– At the peak of the hype, scammers withdraw all liquidity or stop supporting the project entirely, causing the token’s value to plummet. Investors are left with worthless tokens, while scammers vanish with the funds.

πŸ‘ŒHow to Avoid Rug Pulls

Research the Team – Look for verified profiles of the project’s creators and developers.
Be cautious if the team is anonymous or uses stock photos for their profiles.
Check the Smart Contract – On Solana, use tools like Solscan to review the token’s smart contract. Verify whether the contract allows developers to withdraw liquidity or mint unlimited tokens.
Community and Roadmap – Assess the community’s engagement on platforms like Discord and Twitter.
Check if the project has a clear, realistic roadmap with achievable milestones.
Avoid FOMO– Don’t rush into investments due to hype or fear of missing out.
Scammers rely on urgency to pressure you into making quick decisions.

@education – Learn. Invest. Succeed.
Please open Telegram to view this post
VIEW IN TELEGRAM
πŸ‘6πŸ’―2❀1
⁉ How is the Fear and Greed Index measured?

β–  Volatility - sudden price changes are a sign of fear

β–  Market velocity and volume - if trading volume exceeds the long-term average, it is a sign of greed

β–  Social Media Analysis - Unusual Activity Levels on Twitter Show Greed

β–  Bitcoin dominance - Bitcoin's rise is a sign of fear, while its decline is a sign of greed

β–  Google Trends - Search volume for Bitcoin indicates market interest.

❗️The index evaluates the market taking into account the above indicators.
❀3πŸ‘3πŸ”₯1
βž– Bitcoin price continues to move according to the Wyckoff method .

Bitcoin is currently in the "recovery" phase before the "bull run" .

πŸ“Š The market consists of the following psychological stages :

β–  Rebound – Investors may engage in speculative trading because they believe the market will continue to rise.

β–  Bull market – Investors adopt a buy-and -hold strategy as prices rise.

β–  Bubble – A period of euphoria . In this cycle, "retail traders" are willing to enter the market even if it means taking out loans. The fear of missing out on the market (FOMO) is in full swing.

β–  Price correction – The market recovers one last time, as if everything is fine, before prices fall.

β–  Crash – A period of anxiety, denial , and fear . Investors don't understand why the price is falling. They don't accept the reality that it's temporary and the market will rise again.

β–  Bear Market – Surrender and Depression . Absolute pessimism of investors.
πŸ‘6❀3πŸ₯°2
❓ Why the panic in the markets? Is the Chinese startup DeepSeek worrying everyone?

DeepSeek used an innovative method of training artificial intelligence using unused video cards. As a result, it created an open-source and powerful model for only $10 million. In terms of price, it is much cheaper than OpenAI: $2.19 for 1 million tokens at DeepSeek, and $60 at OpenAI. Most interestingly, DeepSeek can run completely autonomously on smartphones (iPhone 16 or Android). This indicates that the importance of video cards has decreased.

Why is this important?
🩸 Investments in companies like NVIDIA and artificial intelligence startups are at risk.
🩸 Tech giants (MAG7) may lose investor confidence amid concerns that investments in artificial intelligence will not pay off.

This incident makes us think about the future of the field of artificial intelligence and the huge "bubble" surrounding it.
Please open Telegram to view this post
VIEW IN TELEGRAM
❀1
Binance CEO Changpeng Zhao (CZ) has criticized the process of listing crypto assets on his exchange. He said that the time gap between the listing announcement and the token launch allows users to buy an asset on a DEX (decentralized exchange) and then sell it on Binance.

However, in the wake of recent events, it is CZ itself that has come under fire. Binance recently listed the Test Token (TST) of video meme platform Four Meme. Surprisingly, TST was launched on the spot and futures markets at the same time.

CZ denied responsibility for the listing, saying that the Binance team had severed all ties to the project. However, Zhao was troubled by the fact that the TST token has an official website and that it features the Binance logo. After he expressed his opinion on the matter, the website and logo have already been changed.

As a result, the TST token behaved according to the typical Binance listing scenario: initially there was a sharp increase, and then the price fell by 70%.
πŸ‘7❀2🀝1
❀4πŸ‘1🫑1
πŸ’°Bitcoin mining difficulty hits new record high!

The mining difficulty on the Bitcoin network increased by 5.6%, reaching 114.7 trillion (T).

This means that miners would need to perform 114.7 trillion calculations to earn a block reward of 3,125 BTC.

Currently, to obtain 3,125 Bitcoins from each block, the Bitcoin protocol requires executing the cryptographic hash function (SHA-256) that many times.

While Bitcoin mining increases security on the network, it also affects miners' income.

The Hash Ribbon indicator shows that some miners are ceasing operations due to low profitability.

Historically, such "surrender" of miners has been marked by a bottom in the Bitcoin price.
Please open Telegram to view this post
VIEW IN TELEGRAM
❀5πŸ‘3πŸ”₯2
How long is left until the offseason?

You can see in the image that the "Altcoin Season" index has recently fallen to its lowest levels since June 2023

Altcoins have been very weak and sluggish for the past 3 months, but on the flip side, we are at a time when many altcoins have lost a lot of value compared to bitcoin.

So this could be a good opportunity, let's say we only had bitcoins at the time and now our deposit is 5x profitable, it would be wise to look for opportunities in altcoins with part of our profit

But we only invested in altcoins, next time we will try to invest in more bitcoinsπŸ‘€

Bitcoin dominance is above 60%, if BTC recovers, altcoins could see a sharp rise

Therefore, in the coming months, it may be more profitable to accumulate altcoins that have a strong community, are traded in large volumes, and are cheap compared to BTC...

Note that it says "ACCUMULATE", not buy one at a time. It may take months for us to recover from the crash we saw in the market a few weeks ago, so if we plan accordingly, we won't get bored.

I didn't write this to give hope, the era of altcoins will also come!
Please open Telegram to view this post
VIEW IN TELEGRAM
πŸ‘5❀2