THE BASICS/FUNDAMENTALS
The fundamentals
Cryptocurrencies are digital assets built on the blockchain, a decentralised ledger that guarantees transparency and security.
Unlike traditional currencies, they depend on neither banks nor governments.
· MARKET STRUCTURE ·
- Bitcoin (BTC): the leading asset, seen as a store of value.
- Altcoins: any asset other than BTC, bringing diversification and innovation (DeFi, NFTs, etc.).
· MAIN REFERENCE ·
The newsletter uses the US dollar as its main reference for analysis and figures, since most transactions and global data are expressed in that currency.
Europe remains behind in the crypto space, while the United States is emerging as a global leader, with a constantly expanding market and strong innovation momentum.
· KEY PRINCIPLES ·
- A market open 24/7, highly volatile.
- Transactions via exchanges, storage in digital wallets.
- Driven by supply, demand and network trust.
- A high-risk investment requiring a suitable strategy.