Today, we are in Belgaum

Crypto Glossary:

Bear Market-
A bear market is when the market goes down by at least 20% from the recent high. This fall is apart from the market corrections, which are usually at least 10%. Bear Market is usually the result of a fall in the economy or is accompanied by recession.


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Today, we are in Goa

Crypto Glossary:

Bull Market-
A bull market is when the market index goes up by at least 20% from a recent low. The prices of assets then increase steadily and this market instills a sense of encouragement and optimism in the minds of investors. This is also a sign that the economy is strong and results in massive growth.


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An official says that Russia is considering allowing cryptos to be used for foreign payments. Allowing crypto as a way of international trade settlement would help mitigate the impact of Western sanctions, a government official said.

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Bull Trap-
A bull trap occurs when a steadily declining asset appears to reverse and go upward, but soon resumes its downward trend. The move "traps" traders or investors that acted on the buy signal and generates losses on resulting long positions. A bull trap may also refer to a whipsaw pattern.


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What is Blockchain?
A distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. As a database, a blockchain stores information electronically in digital format. It is best known for its crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions.

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What is Circulating Supply?

The amount of cryptocurrency coins or tokens in circulation is a fluctuating value that can increase and/or decrease over time.
If a cryptocurrency is mineable, new coins can be created gradually via mining. In the case of a centralized token, the supply can be increased by the developers at will via instantaneous minting.
The supply can also go down: either deliberately via burning, or as a result of accidents, like sending coins to an irrecoverable address or losing access to a wallet where funds are stored.

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What are Dead Coins?
Dead coins are digital tokens that have failed or been revealed as scams, and thus, no longer viable. There are thousands of failed cryptocurrency projects or ICOs that are no longer active for a number of reasons ranging from internal corruption amongst developers, massive devaluation, low liquidity or total abandonment.

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VIPS Token Rate Update!

Today VIPS Token is trading at ₹13

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Fiat-
Fiat currency is “legal tender” backed by a central government, such as the Federal Reserve, and with its own banking system, such as fractional reserve banking. It can take the form of physical cash, or it can be represented electronically, such as with bank credit.

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