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Inflation in cryptocurrencies In the crypto world, just as in the real world, there is inflation, an asset depreciating over time. Inflation in cryptocurrencies occurs when too many new coins are issued. A clear example is the cryptocurrency Dogecoin (DOGE). Dogecoin has no limit on the number of coins that can be issued, and up to 5.2 billion new DOGE can be created each year. Similarly, when new dollars are printed, Dogecoin depreciates slightly each year. Bitcoin, on the other hand, is not subject to inflation; since the total number of Bitcoin can never exceed 21 million, the coin is protected from depreciation. But frankly speaking, investors barely pay attention to this. Since crypto is very volatile, this 2%–3%–4% annual inflation has almost no effect on anything. However, if you come across a coin with suspicious tokenomics—e.g., they’ve made it possible to issue an unlimited number of tokens during any period—this should definitely be taken into account when making investment decisions. @The_Cryptos_Hub

JUST IN: Michael Saylor's 'Strategy' buys 1,895 Bitcoin worth $180.3 million. @The_Cryptos_Hub

Bitcoin dominance continues climbing, currently at 64.90%. @The_Cryptos_Hub

Crypto Speak: Weak hands “Weak hands” are people who sell their cryptocurrency at the first sign of a price drop. People with weak hands are usually unsure of their strategies and are easily spooked by negative news or the price action of an asset. @The_Cryptos_Hub

🇪🇺 The EU will ban anonymous cryptocurrencies by 2027 According to new regulations, from 2027 European crypto services (exchanges, wallets, etc.) will no longer be able to support anonymous tokens like Monero (XMR) and Zcash (ZEC). Anti-money laundering measures are also being tightened: all transactions over 1000€ will require mandatory KYC. @The_Cryptos_Hub

Crypto Speak: Doxed “Doxed” is when the identity of a project team member, developer, or creator is public, known, or verifiable. When a team is doxed, it’s usually a green flag for investors to fund the project and feel safe that they won’t be duped by an anonymous creator. @The_Cryptos_Hub

What is copy trading? It’s a trading strategy in which a user (a copy trader) copies or mimics the trades of a leading trader (lead trader). In other words, you can go to a special platform, choose a successful lead trader based on their rating, and repeat their trades. And many platforms allow you to automate this process. The pros and cons of copy trading are quite obvious. On the plus side, it’s easy to enter the world of trading, and there is no need to learn complex trading skills. On the downside, however, no trader is successful 100% of the time, and of course, there are no guarantees of profitability. @The_Cryptos_Hub

Did you know that Bitcoin is 10.32% more expensive in South Korea? There is a special term for this phenomenon, the “Kimchi premium.” It occurs when the value of a token on Korean exchanges rises above global prices. This happens due to high demand and activity from local South Korean investors. More often than not, a rising “Kimchi premium” indicates an overheated market. So, while you and I were celebrating Bitcoin’s new all-time high of $70,000, in South Korea, the digital gold has already crossed the $72,000 bar. @The_Cryptos_Hub

Circle ($USDC) rejects Ripple’s ($XRP) $4–$5 billion acquisition offer. @The_Cryptos_Hub

Why don’t my funds get deposited? A widespread problem for beginners: They transfer funds from one wallet to another, but the coins don’t get deposited. Why? There are 3 main reasons: 1. The processing speeds of blockchains. Sometimes, blockchains are slow, and transactions take longer than usual. For example, in Ethereum, transactions can sometimes last for hours. 2. Invalid network or address: You could have made a mistake when choosing the network. For example, if you transfer your USDT from the Tron network to the BNB Smart Chain network, the transaction will not pass. Make sure the network and address match. 3. A memo is not specified: Some blockchains require specifying a memo when sending transactions. A memo is a “comment” on a transaction. If necessary, the exchange will warn you what memo you should specify, so read the instructions carefully. And one more general tip: If you’re making a transaction for the first time, make a test transfer by sending the minimum amount — e.g., 1 USDT. If it’s successful, it’s safe to send whatever amount you want to that address. Don’t forget that, in the crypto world, it’s often impossible to return money lost or sent to a wrong address. @The_Cryptos_Hub