Bitcoin season is a period in the cryptocurrency market when bitcoin is growing more rapidly than all other cryptocurrencies. Periods of bitcoin dominance alternate from time to time with the altcoin season. When the price of bitcoin begins to rise, crypto investors begin to buy Bitcoin even more actively and bitcoin begins to gain capitalization and its dominance grows. During a period of strong dominance, sooner or later some investors begin to take profits and sell coins by going into protective assets (USDT, DAO, etc.), which we have already discussed earlier, also buying altcoins. Some altcoins can show from 100 to 10000% percent of profit, but it is important to understand that they are just as quickly “blown away” and have increased risks. Source: Blockchaincenter To date, the dominance of bitcoin is 25% according to Blockchaincenter at a price of about $ 47,100 for 1 unit, which suggests that the altseason is still far away. Perhaps we will see it this year, it all depends on many factors, primarily on the geopolitical situation in the world and the situation with Bitcoin.
What is Web 3.0 Web 1.0 can be described in one phrase — Read-Only The next generation of the Internet is called Web 2.0, because it is intended for reading, writing and watching streaming video. In addition, users were not just visitors, they could create their own content and upload it to the website.
“The era of targeted advertising and lack of privacy” Web 3.0 solves the main problem — the depreciation of resources and services due to their monotony and abundance. Web 3.0 should go beyond the usual understanding of the Web and begin to “interact with the physical world.” Join our Telegram channel to keep abreast of the main trends of the crypto market Characteristic features of Web 3.0: Decentralization; Artificial Intelligence; Open Source code; Freedom of censorship; Accessibility and Internet coverage even of hard-to-reach places. In a nutshell, Web 3.0 will probably be based on blockchain and NFT technologies will be implemented and tokenization will be configured (that is, our photos and videos will be unique and we will have property rights).
Crypto exchanges, sanctions and the security of crypto assets impose restrictions not only on users from Russia, but also on citizens of Ukraine, Belarus. Account blocking on foreign cryptocurrency exchanges has become more frequent, which means it has become even more dangerous to store crypto on exchanges than before all these events. Conversations about web 3.0, self-learning and decentralized services are more relevant than ever. Earlier I wrote two articles about wallets, interaction with decentralized applications: 1. Creating a wallet for working with decentralized exchanges. 2. Types of wallets, which one to choose. If you are actively trading on Binance, but now your funds are under threat, then it’s time to do self-development, study web 3.0. Start using decentralized exchanges, where in a couple of clicks you can exchange $ETH into $USDT, thereby fixing profits, wait for drawdown and exchange your $USDT for $ETH. Your crypto assets and the selection of the optimal wallet, Many of you have bought more than a dozen tokens, and most of them are Ethereum ERC-20 tokens, which means high commissions when withdrawing from the Binance (up to $ 15 for each such token). What to do in such a situation? There are peg tokens in the BSC(BNB) network. You can withdraw your $ETH, $LINK, $MATIC$ADA and other assets to the BNB network with a commission of $1-2