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🎄 Share your trading P&L for this year and your future trading plans to participate in a prize pool of up to 3,000 USDT (distributed as trading fee rebate vouchers). You also have a chance to win exclusive Bitget Christmas merch! 🧑‍🎄 Event Period: December 20, 2024, 00:00 - December 27, 2024, 24:00 (UTC) Join the topic: https://www.bitget.com/insights/topics/details/13326 🔔 Event Rules 1. How to Participate - Post under the designated event topic tag to share your trading P&L or future trading plans. Rankings will be based on the post with the highest number of likes. Tips: Including screenshots of your P&L or sharing detailed trading plans can help you earn more likes. 2. Participation Requirements - To qualify for the prize pool, at least one of your posts must have more than 3 likes. 3. Event Rewards By Likes Ranking: a. The top 40 users will equally share a 400 USDT prize pool. Additionally, 2 outstanding content creators will be selected to receive exclusive Bitget Christmas merch. Outstanding Content Awards: Content quality will be judged based on originality, engagement, and views. 2 creators will win Bitget Christmas merch. b. Users ranked after the top 40 will share the remaining prize pool of up to 3,000 USDT. Total Participants Prize Pool Under 100 200 USDT 100 - 500 800 USDT 500 - 1,000 1,500 USDT Over 1,000 3,000 USDT 🪧 Terms and Conditions 1. This event is only open to users who registered before the event start date. 2. Avoid duplicate or plagiarized content. Any posts found to be copied or reposted may result in disqualification. 3. Rewards will be distributed as spot fee rebate vouchers and credited to your account within 7 business days. Users can claim their rewards in the "Coupons Center." 4. Posts must be relevant to the event theme. Spam, irrelevant content, or cheating behaviors such as fake accounts or like manipulation will lead to immediate disqualification. For more details, please refer to the: https://www.bitget.com/support/articles/9139373288473-insights-agreement-and-disclaimer. 5. Bitget reserves the right of final interpretation for this event. For inquiries, please join the official Insights Telegram group (@BitgetInsightsOfficial).

🔒 "The Security of BTC: How it Protects Users from Hacking and Fraud" $BTC Introduction 🔑 Bitcoin (BTC) has been a target for hackers and fraudsters since its inception. However, its decentralized nature, cryptographic security, and open-source codebase have made it a secure form of currency. In this article, we'll explore the security features of BTC and how they protect users from hacking and fraud. 🔒 Cryptographic Security 🔑 BTC's cryptographic security is based on advanced mathematical algorithms, such as Elliptic Curve Digital Signature Algorithm (ECDSA) and Secure Hash Algorithm 256 (SHA-256). These algorithms ensure that: 1️⃣ _Transactions are Secure_ 🔒: BTC transactions are encrypted and verified by nodes on the network, making it difficult for hackers to intercept or alter transactions. 2️⃣ _Wallets are Protected_ 🔑: BTC wallets use advanced cryptography to protect users' private keys and prevent unauthorized access. 3️⃣ _Mining is Secure_ 💡: BTC's proof-of-work (PoW) consensus algorithm ensures that mining is secure and prevents 51% attacks. Decentralized Nature 🌐 BTC's decentralized nature makes it more secure than traditional financial systems. Here's why: 1️⃣ _No Single Point of Failure_ 🚫: BTC's decentralized network ensures that there is no single point of failure, making it more resilient to hacking and fraud. 2️⃣ _Open-Source Codebase_ 💻: BTC's open-source codebase allows developers to review and audit the code, making it more secure and transparent. 3️⃣ _Community-Driven Development_ 🌟: BTC's community-driven development ensures that security updates and patches are implemented quickly and efficiently. Security Measures 🛡️ In addition to its cryptographic security and decentralized nature, BTC has several security measures in place to protect users from hacking and fraud. These include: 1️⃣ _Two-Factor Authentication_ 🔑: Many BTC exchanges and wallets offer two-factor authentication, adding an extra layer of security to users' accounts. 2️⃣ _Multi-Signature Wallets_ 📈: Multi-signature wallets require multiple signatures to authorize transactions, making it more difficult for hackers to access users' funds. 3️⃣ _Cold Storage_ ❄️: Cold storage solutions, such as hardware wallets and paper wallets, provide an additional layer of security by storing users' private keys offline. Conclusion 🔒 The security of BTC is a complex and multifaceted topic. While no system is completely secure, BTC's cryptographic security, decentralized nature, and security measures make it a secure form of currency. As the cryptocurrency space continues to evolve, it's essential to stay informed about the latest security developments and best practices. 🔑

📊 "BTC's Market Dominance: What Does it Mean for the Crypto Space?" $BTC Introduction 📚 Bitcoin (BTC) has been the undisputed leader in the cryptocurrency market since its inception. With a market capitalization of over $1 trillion, BTC's market dominance is a topic of interest among investors, analysts, and enthusiasts. In this article, we'll explore what BTC's market dominance means for the crypto space and its implications for investors and users. 🤔 What is Market Dominance? 📊 Market dominance refers to the percentage of the total cryptocurrency market capitalization that a particular coin holds. In the case of BTC, its market dominance is currently around 60%, meaning that it accounts for 60% of the total cryptocurrency market capitalization. 🔥 Factors Contributing to BTC's Market Dominance 📈 1️⃣ _First-Mover Advantage_ 🏃‍♂️: As the first decentralized cryptocurrency, BTC had a head start in terms of adoption, network effects, and brand recognition. 2️⃣ _Network Effects_ 🌐: BTC's large user base, widespread adoption, and strong network effects have created a self-reinforcing cycle that attracts more users and investors. 3️⃣ _Security and Reliability_ 🔒: BTC's decentralized nature, cryptographic security, and open-source codebase have earned it a reputation as a reliable and secure form of currency. 4️⃣ _Regulatory Clarity_ 📜: BTC's regulatory environment has become increasingly clear, providing investors and users with a sense of security and stability. Implications of BTC's Market Dominance 🤔 1️⃣ _Price Volatility_ 📊: BTC's market dominance can contribute to price volatility, as its price movements can have a significant impact on the overall cryptocurrency market. 2️⃣ _Altcoin Performance_ 📈: The performance of altcoins (alternative cryptocurrencies) can be influenced by BTC's market dominance, as investors may flock to BTC during times of market uncertainty. 3️⃣ _Innovation and Adoption_ 💡: BTC's market dominance can drive innovation and adoption in the cryptocurrency space, as developers and investors focus on building on top of the BTC network. 4️⃣ _Regulatory Environment_ 📜: BTC's market dominance can influence the regulatory environment for cryptocurrencies, as governments and regulatory bodies may view BTC as a representative of the broader cryptocurrency market. Conclusion 🤝 BTC's market dominance is a complex phenomenon with far-reaching implications for the cryptocurrency space. While it can contribute to price volatility and influence the performance of altcoins, it also drives innovation, adoption, and regulatory clarity. As the cryptocurrency market continues to evolve, it's essential to stay informed about the latest developments and trends. 📊

Market Update: Bitcoin has now dropped below the $95k level (Weekly Open) on the 4-hour chart. The demand zone between $94.9k - $93.8k, which was highlighted a couple of days ago, is still holding as support. However, BTC is currently chopping around within this zone, showing a lack of clear direction. Bullish Scenario: If Bitcoin reclaims the $95k level, it could signal another push towards $96.5k (Monday High) and the 4-hour EMA200, both of which are key resistance levels. Bearish Scenario: If the demand zone fails to hold, a break below could lead to a sweep of the $92.5k (Monday Low). In conclusion, Bitcoin is consolidating within a key range. A reclaim of $95k could lead to a move higher, while a loss of the demand zone would likely bring the price down to $92.5k. Keep these levels in mind for the next potential move.

Bitget App Trade smarter Open Share Your Trading P&L to Win Up to 3,000 USDT Share Your Trading P&L to Win Up to 3,000 USDT 668.7k3.2k Topic introduction Ended 🎄 Share your trading P&L for this year and your future trading plans to participate in a prize pool of up to 3,000 USDT (distributed as trading fee rebate vouchers). You also have a chance to win exclusive Bitget Christmas merch! 🧑‍🎄 Event Period: December 20, 2024, 00:00 - December 27, 2024, 24:00 (UTC) 🔔 Event Rules 1. How to Participate - Post under the designated event topic tag to share your trading P&L or future trading plans. Rankings will be based on the post with the highest number of likes. Tips: Including screenshots of your P&L or sharing detailed trading plans can help you earn more likes. 2. Participation Requirements - To qualify for the prize pool, at least one of your posts must have more than 3 likes. 3. Event Rewards By Likes Ranking: a. The top 40 users will equally share a 400 USDT prize pool. Additionally, 2 outstanding content creators will be selected to receive exclusive Bitget Christmas merch. Outstanding Content Awards: Content quality will be judged based on originality, engagement, and views. 2 creators will win Bitget Christmas merch. b. Users ranked after the top 40 will share the remaining prize pool of up to 3,000 USDT. Total Participants Prize Pool Under 100 200 USDT 100 - 500 800 USDT 500 - 1,000 1,500 USDT Over 1,000 3,000 USDT 🪧 Terms and Conditions 1. This event is only open to users who registered before the event start date. 2. Avoid duplicate or plagiarized content. Any posts found to be copied or reposted may result in disqualification. 3. Rewards will be distributed as spot fee rebate vouchers and credited to your account within 7 business days. Users can claim their rewards in the "Coupons Center." 4. Posts must be relevant to the event theme. Spam, irrelevant content, or cheating behaviors such as fake accounts or like manipulation will lead to immediate disqualification. For more details, please refer to the: https://www.bitget.com/support/articles/9139373288473-insights-agreement-and-disclaimer. 5. Bitget reserves the right of final interpretation for this event. For inquiries, please join the official Insights Telegram group (@BitgetInsightsOfficial).