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Are you confused about cryptocurrencies, like bitcoin or Ether (related to the Ethereum platform)? You are not alone.
Before using or investing in cryptocurrencies, you need to understand how they differ from cash and other payment methods and how to detect cryptocurrency scams or cryptocurrency accounts that may be compromised.
What are the differences between cryptocurrency and the US dollar?
Since cryptocurrencies only exist online, there are important differences between cryptocurrencies and traditional currencies like the US dollar.

Cryptocurrency accounts are not backed by a government. Cryptocurrencies held in accounts are not insured by a government like US dollars deposited in a bank account insured by the FDIC. If something happens to your account or your cryptocurrency funds, for example, the company that provides the service of storing your virtual wallet goes out of business or suffers a cyber attack, the government has no obligation to intervene to help you recover your money.
The value of a cryptocurrency changes constantly. The value of a cryptocurrency can change rapidly, even every hour. And the amount of that fluctuation can be considerable. Its value depends on many factors, including supply and demand. Cryptocurrencies tend to be more volatile than traditional investments, such as bonds and stocks. An investment that is worth thousands of dollars today could be worth only a few hundred dollars tomorrow. And if the value goes down, there is no guarantee that it will go back up.

#AtencionVenzuelaBinanceinforma 🔔🔔🔔🔔
We have observed false messages in Venezuela🇻🇪, spreading fake news on social media. Be cautious. Binance communicates only through its official channels or with direct notifications to its users.
User security is our priority. At Binance, we are committed to providing the tools and knowledge necessary for everyone to navigate the world of cryptocurrencies with confidence and security.
Always verify that you are interacting with official channels to avoid fraud. Additionally, remember that Binance never requests private keys, passwords, or authentication codes via direct messages or social media.
In case you need urgent support, use the multilingual live chat in our Help Center, within the official platform: https://www.generallink.top/es-LA or in the app

Bitcoin is preparing for a "dramatic" rise if it does not reach its peak soon, according to Peter Brandt

If Bitcoin deviates from its four-year cycle, it will experience "dramatic" price action, according to veteran trader Peter Brandt.

Bitcoin is poised for unprecedented price discovery as long as it does not reach its peak in the coming days, according to veteran trader Peter Brandt.

"It is reasonable to expect a peak of the bull market at any moment," Brandt told Cointelegraph on Wednesday, citing the historical cycle pattern of Bitcoin, which has manifested in the last three cycles.

The debate over Bitcoin's four-year cycle continues
This comes as the debate continues over whether the four-year cycle of cryptocurrencies remains relevant, given the arrival of institutional adoption, ETFs, and corporate treasuries accumulating digital assets.

"We have a very small portion of time and price expansion left," Rekt said on July 3.

Some argue that even if Bitcoin does not follow the four-year cycle exactly, it will still exhibit some kind of pattern.
Several analysts expect Bitcoin to record significant gains before the end of the year. Economist Timothy Peterson told Cointelegraph on Tuesday that there is a 50% chance that Bitcoin will end the month above $140,000, based on simulations using data from the last decade.

Looking ahead, BitMEX co-founder Arthur Hayes and Unchained's market research director Joe Burnett have predicted that Bitcoin could reach up to $250,000 by the end of 2025.

Disclaimer: The information presented here should not be taken as financial advice or investment recommendation. All investments and trading movements carry risks, and it is each person's responsibility to conduct their own research before making an investment decision.

#Chartbinance To view the "charts" (graphs) of Binance and information on topics of interest such as interest rates, visit the Prices and markets section of Binance or the specific asset price page. To see an interactive chart similar to TradingView, click on [TradingView] in the trading platform on the Binance website.
Steps to view charts and interest rates on Binance
Access price charts:
Go to the [Markets] or [Prices] section on the Binance website to see the different cryptocurrency markets and their charts.
For a more detailed view, you can click on the name of a cryptocurrency (like BNB) and a page with more complete information will open, including its price and a performance chart.
Use the interactive chart (TradingView):
Within the Binance trading platform, hover over the [Trade] option and click on [Spot].
Once on the platform, look for the [TradingView] button above the chart to access all trading tools, including candlestick charts.
Research interest rates:
To understand the funding interest rate on Binance Futures, you can search for the article "What is the futures funding rate and why is it so important?" in the Binance blogs section.
Also, in the Binance Earn section, you can find fixed income options to earn passive income with your cryptocurrencies.

"Hammer" in relation to Binance refers to the "hammer" candlestick pattern, a figure of technical analysis that can indicate the end of a downtrend, or it may refer to the cryptocurrency Hammer Finance (HAMMER), which is currently not listed for trading on the Binance platform. It may also refer to the popular game token Hamster Kombat (HMSTR), which has had a Launchpool project on Binance and can be traded on the platform, according to the Binance article. 

Hammer Candlestick Pattern:

What it is: It is a bullish reversal signal that forms at the end of a downtrend. 

Characteristics: It consists of a small body and a long lower shadow, indicating that sellers tried to push the price down, but buyers intervened forcefully and closed the price near the top. 

Usage: It is sought in strong support areas and confirmed with an increase in volume or a subsequent bullish candle. 

Hammer Finance (HAMMER):

What it is: A cryptocurrency from the financial ecosystem that can be checked in the price directory of Binance. 

Listing on Binance: Hammer Finance is not listed on the Binance platform for trading or other services. 

Hamster Kombat (HMSTR):

What it is: A token from a popular game that has been included in the Launchpool projects of Binance. 

Availability: The HMSTR coin is included on the Binance platform for purchase and trading, and its price is updated in real time on Binance.

Financial charts are visual representations of the value of assets over time, essential for technical analysis in investment, and help identify trends and price patterns in the market. By reading a chart, an investor can predict future movements, such as an upward or downward trend, to make informed decisions about buying or selling assets and thus obtain profits.
What are financial charts and how do they help in investment?
Data visualization:
They are tools that show the evolution of the value of a financial asset (such as stocks, currencies, or cryptocurrencies) over a specific period.
Technical analysis:
Charts allow for technical analysis, which is fundamental for short- or medium-term investors, as they provide information at a glance.
Identification of trends:
An investor can observe whether the price of an asset is rising (bullish), falling (bearish), or remaining stable (sideways), which helps predict its future behavior.
Decision making:
By understanding the trends and patterns of the charts, investors can make more accurate investment decisions, anticipating market movements to generate profits.
Common types of financial charts:
Line charts:
They show the connection of data points, being ideal for identifying long-term trends.
Bar charts (OHLC):
They represent the opening (Open), the high (High), the low (Low), and the closing (Close) of an asset over a period, offering more details than a line chart.
Candlestick charts:
Another detailed type of chart, which uses "candles" to show the price range and direction of movement, providing a comprehensive view of price action.
How to interpret a financial chart:
Observe the general trend: Determine whether the price is rising, falling, or remaining sideways.

#Emocionesfinancieras
Emotions often influence financial decisions more than logic and reason. Fear can lead us to safety, while greed can cause us to overlook risk.
Impact of specific emotions:
Fear and stress:
They can lead to financial paralysis, overspending, avoiding beneficial risks, or postponing important decisions like retirement.
Euphoria and optimism:
Excessive confidence can drive risky and reckless investments, leading to decisions based more on hope than on rational analysis.
Emotional spending:
Stress, sadness, or boredom can lead to impulsive purchases to feel better temporarily, creating long-term financial problems.
Effects on financial behavior:
Impulsive decisions:
People spend more than they earn or resort to unnecessary debt, as noted by Hey Banco.
Loss aversion:
People avoid taking beneficial risks for fear of losing money, which can limit growth opportunities.
Confirmation bias:
People seek information that confirms their beliefs and ignore data that contradicts them, leading to poor investment decisions.
Herd mentality:
People follow the crowd without doing their own research, buying or investing without understanding, often financed by debt, highlights ProUsuario.
Strategies for better financial control:
Self-awareness:
Being aware of the role emotions play in financial decisions is the first step to making better choices.
Reflection:
Before making a purchase, it is essential to take time to assess whether a purchase is a genuine need or an emotional reaction.
Avoiding emotional spending:
It is important not to spend to feel better in the moment, looking for other ways to manage negative feelings.
Changing habits:
Considering the use of cash instead of cards, and checking credit limits, can be helpful in moderating spending.

#Leyendascripto The legends in the world of cryptocurrencies include mythical figures such as Satoshi Nakamoto, the enigmatic creator of Bitcoin, and impactful entrepreneurs like Changpeng Zhao (CZ) of Binance, but also dark legends like Ruja Ignatova and the OneCoin fraud or the scandal of Sam Bankman-Fried and FTX. There are also stories of millionaires like the Winklevoss twins or investors like Michael Saylor, along with legends of lost fortunes like that of James Howells and his 7,500 lost BTC. 

Great figures of success

Satoshi Nakamoto: The pseudonym of the person or group that created Bitcoin. His identity remains a mystery, giving him an aura of legend in the crypto world. 

Changpeng Zhao (CZ): Founder of Binance, the largest cryptocurrency exchange platform in the world, whose fortune makes him a prominent figure in the sector, according to Investopedia. 

Winklevoss twins: Known for their connection with Facebook, they also became millionaires thanks to their early investments in Bitcoin, according to the newspaper EL PAÍS. 

Michael Saylor: The CEO of MicroStrategy is a strong and public advocate of Bitcoin, considering it the next evolution of finance. 

Dark legends and scandals

Sam Bankman-Fried (SBF): The founder of the successful cryptocurrency exchange FTX, who was arrested and charged with fraud, money laundering, and bribery, leading to the collapse of his company in 2022, notes EL PAÍS and EL MUNDO. 

Ruja Ignatova and OneCoin: The founder of OneCoin was accused of fraud. She called herself the "crypto queen" due to her charisma and promises of easy wealth, before disappearing in 2017 and becoming one of the FBI's most wanted fugitives, according to YouTube and El Mundo. 

Stories of lost fortunes
James Howells' lost hard drive: How a treasure in Bitcoin was lost. James Howells is an example of the loss of a fortune. In 2013, he tried to recover 7,500 BTC that he had stored on a hard drive, now worth over 420 million dollars.

#Bitcoinboom Data predicts a 50% rebound of Bitcoin in the fourth quarter to reach USD 170K
Bitcoin is approaching a positive monthly close, which historically has been followed by strong double-digit rebounds in the fourth quarter. Is it possible to reach USD 170,000 by the end of 2025?

Data predicts a 50% rebound of Bitcoin in the fourth quarter to reach USD 170K
Market update
Key conclusions:

Bitcoin is set to close September with a gain of 4.50%, a setup that historically precedes strong rebounds in the fourth quarter.

On-chain data shows strengthening demand for spot, led by U.S. investors.

Bitcoin is on track to close September in positive territory, with a rise of 4.50% to around USD 113,100 on the last trading day of the month. Historically, a green September has been a strong indicator for the market, often preceding significant rebounds in the last quarter of the year.
Seasonal data shows that October tends to be the launch month, with gains extending into November and, in some years, into December.
"This year, it is almost certain to be positive, based on history and the current market conditions. However, most of the time, the big gains do not start until around the third week."

#MotivacionBinanceSeguroyFunciona
If I could, you can too..

It's just a matter of taking the leap, Binance does work, in investment and earnings..

Don't wait, don't hesitate, and if you've already started, just move forward and you'll see the results of your perseverance.. Because everything is achieved through perseverance and the discipline of not going back or giving up once you start something.

Don't wait for others to tell you, be the protagonist yourself..

#TestimonioBinanceSifunciona
Dear Binance team,

I want to express my sincere gratitude for the incredible experience I have had as an investor on your platform. Since I joined Binance, I have been impressed by your commitment to security, innovation, and ease of use.

The platform is intuitive and easy to navigate, which has allowed me to make informed investment decisions with confidence. I feel secure knowing that my capital is protected by Binance's cutting-edge security measures, and I appreciate the transparency and honesty with which operations are handled.

Furthermore, I have found that Binance's customer service is exceptional. Whenever I have had a question or a problem, I have received a quick and helpful response. This gives me peace of mind and allows me to focus on what really matters: my investments.
Thanks to Binance, I have witnessed significant growth in my investment portfolio and I feel optimistic about the future.

Why USDT in Venezuela?
The inflation and devaluation of the bolívar have led many Venezuelans to use USDT (Tether) as a savings tool and means of payment. It is stable, accessible, and increasingly accepted.
💰 How to save with USDT
Receive payments directly in USDT
If you are a freelancer, merchant, or provide services, ask to be paid in USDT.
You avoid the conversion of bolívares and protect your money from exchange.
Use secure wallets
Recommended: MetaMask, Trust Wallet, Ledger (hardware).
Keep your private keys safe. Without that, there is no access!
Avoid converting to bolívares unnecessarily
Only change what is necessary for your daily expenses.
The rest, keep it in USDT as savings.
🛒 How to buy with USDT
P2P Commerce (peer to peer)
Platforms like Binance P2P allow you to buy USDT with bolívares or sell it to get cash.
You can negotiate directly with other users.
Local platforms like Crixto
Send bolívares to your bank account after receiving your USDT.
Ideal if you need liquidity without complications.
Payments with Binance Pay or BTCPay Server
If you sell products or services, you can receive payments in USDT with low fees.
More and more businesses accept crypto as a form of payment.
🧠 Key tips
Always check the exchange rate: The BCV publishes the official rate, but the market can be variable.
Avoid scams: Use reliable platforms and check the reputation of sellers.
Educate your customers: If you sell, teach them how to pay in USDT. It's easier than you think #CryptoVenezuela #BinanceP2P

#NoticiasCripto
Cryptosentiment rises to "Neutral"
Meanwhile, the Cryptocurrency Fear and Greed Index, which measures market sentiment, has risen to reflect that the market is "Neutral" for the first time since Friday, September 19, recovering from a period of "Fear".

The index reached a score of 50 out of 100 on Monday, rising 13 points since Sunday.

The upward trend that the index has enjoyed continues since it fell to a score of 28 on Friday, its lowest level since mid-April, when Bitcoin plunged to $80,000.

The "bull market" of Bitcoin "has not ended", as it recovers above 112,000 dollars
Bitcoin briefly surpassed 112,000 dollars in a sign of recovery after a volatile week, leading an analyst to assert that the cryptocurrency remained in a bullish trend.

The "bull market" of Bitcoin "has not ended", as it recovers above 112,000 dollars
News
A Bitcoin analyst has argued that BTC remains in a bull market, as it briefly recovered to surpass 112,000 dollars on Monday after a week of high volatility.

#NoticiasUSDTintrigaVenezuela

Venezuela and the stablecoin USDT

The creaking of the Venezuelan economy, suffocated by the chronic shortage of physical dollars and a volatility that seems relentless, is forcing the nation to seek refuge in the often turbulent waters of cryptocurrencies. In this scenario, the stablecoin USDT, or Tether, has emerged as a temporary solution, a digital lifeline for those seeking a relatively stable store of value.

However, this growing dependence on USDT by various actors within Venezuela, including government figures, does not go unnoticed. In light of this, experts and analysts warn that such a maneuver could trigger a strong response from the United States, pressuring Tether to intensify controls and potentially to block operations within the country. The question that resonates in financial corridors and on the streets of Venezuela is clear: could this move, aimed at protecting a crumbling economy, seal the fate of cryptocurrency adoption itself in Venezuela?

#Noticiashiperinflacion
What would happen in Venezuela if Washington blocks the stablecoin USDT 🫨😱

Venezuela's economy, marked by hyperinflation of the bolívar and chronic scarcity of physical dollars, has found in USDT, Tether's stablecoin, a digital lifeline to preserve value, conduct international transactions, and sustain everyday commerce.

However, the country's growing dependence on this cryptocurrency, already spread from the streets to spheres of the government itself, has raised alarms in Washington. If the United States pressures Tether to restrict operations linked to Venezuela, the impact could be devastating: millions of citizens would lose access to their main financial safeguard, remittances would be trapped, and the nascent national crypto ecosystem would face collapse. Blocking USDT would test the resilience of a crumbling economy, forcing the search for uncertain alternatives and reminding that, in a globalized world, monetary sovereignty is also played out in the realm of stablecoins.

#NoticiasUSDTVenezuela
Analyst: Venezuela Moves Disbursements to USDT Amid Dollar Shortage

According to local reports, Venezuela liquidated larger volumes in USDT than in dollars in September, executing a notable shift towards stablecoins. This could be one of the first cases of a government using stablecoins as part of public spending practices.

Analyst: Venezuela's spending in USDT surpassed distributions in dollars in September
Venezuela, whose oil industry faces paralyzing unilateral sanctions from the U.S. government, is apparently turning to stablecoins as part of a new economic strategy. Asdrúbal Oliveros, managing partner at Ecoanalítica, highlighted the significance of the move given the dollar shortage facing the government.

On social media, Oliveros revealed the magnitude of this shift. He stated:

During September, the Venezuelan government made more disbursements in USDT than in U.S. dollars, marking a significant change in the direction of the national exchange rate regime.

Although Oliveros did not disclose sources or volumes behind the claims, he has recently reported on the rise of stablecoins and their use, highlighting the growing relevance of these assets in the economic fabric of the country.

🧠 Don't spend to appear rich, instead invest to truly be it!

🚫 Buying things just to impress others leaves you with debt and emptiness.
✅ Investing in knowledge, in your business, in assets and in experiences that add to your life leaves you with freedom, growth, and real wealth.

Remember: true abundance is not measured by what you show, but by what you build. 🌍🔥

👉 Don't focus on pretending, focus on progressing.
The fleeting shine fades away… but well-invested wealth grows forever. ✨💼
#FinanzasMonetizacionconciente

Creating a budget can change your life

Yes, creating a budget can change your life, as it gives you financial control, helps you achieve goals, reduces stress and anxiety, and allows you to build a more stable financial future, and even achieve long-term financial freedom. By understanding your income and expenses, you can stop living paycheck to paycheck, create emergency funds, pay off debts faster, and make informed decisions about your money.
Why can a budget change your life?
Financial control and peace of mind:
A budget gives you a clear view of your finances, allowing you to take control of your spending and economic decisions, which reduces the uncertainty and anxiety associated with money.
Peace of mind:
By having your finances organized, financial stress decreases, which can have a positive impact on your physical and mental health.
Eliminating debts:
A budget is essential for getting out of debt, as it helps you identify areas where you can cut expenses and allocate those funds to pay off your debts.
Savings and financial goals:
It allows you to set and achieve objectives like an emergency fund, saving for big purchases, or investing for the future, like financial independence in old age.
Making informed decisions:
Having a budget allows you to see your spending habits clearly, which helps you make more conscious decisions aligned with your values and personal goals.
Financial independence:
With a budget, you can work to spend less than you earn and more than you need, paving the way to financial freedom.
#finanzaspersonales

#USDCapreniendoinformacion
Jeremy Allaire and Sean Neville are co-founders of Circle, a financial technology company known for creating the stablecoin USD Coin (USDC), which is backed by U.S. dollars and aims to make money faster, cheaper, and more global. Allaire is the CEO and Neville, the co-founder and Chief Technology Officer, although the latter stepped down from his position as co-CEO to join the board of directors in 2019.

Jeremy Allaire

Role: Co-founder and CEO of Circle.

Vision: Aims for money to work like the internet: instant, global, open, and secure.

Sean Neville

Role: Co-founder and CTO (Chief Technology Officer) of Circle, later a board member.

Legacy: Co-founded Circle with Jeremy Allaire and has been instrumental in the growth of the company and its mission.

Circle

Foundation: Founded by Allaire and Neville in 2013.

Objective: Make digital money more accessible, faster, and global.

Main product: USD Coin (USDC), a stablecoin that represents one U.S. dollar.

Business model: Earn interest from the reserves backing USDC and provide payment infrastructure to businesses and financial platforms.