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RoziqinKhoir
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#EOSProject The EOS project is a Layer 1 blockchain platform designed to facilitate the development of scalable decentralized applications (dApps). It employs a Delegated Proof-of-Stake (DPoS) consensus mechanism, enabling high transaction throughput and low latency. EOS offers features such as human-readable account names, flexible permission structures, and near-fee-less transactions, making it user-friendly for both developers and end-users. In recent developments, the EOS Network has implemented significant changes to its tokenomics model. As of May 31, 2024, the network transitioned from an inflationary token supply with a maximum of 10 billion EOS tokens to a fixed supply of 2.1 billion tokens. This move aims to curb inflation and stabilize the token economy. Additionally, the network introduced four-year halving cycles and high-yield staking rewards with lockup periods to incentivize active participation and growth within the ecosystem.
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As of January 10, 2025, Bitcoin (BTC) is trading at approximately $94,891, reflecting a 1.69% increase from the previous close. Recent Developments: Legal Battle Over Lost Bitcoins: James Howells, an IT worker from Wales, has lost a decade-long legal battle to retrieve 8,000 Bitcoins (worth around £635 million) that were accidentally discarded in a landfill. Despite various proposals to fund the excavation and mitigate environmental concerns, Newport City Council consistently denied his requests. A judge recently dismissed his case, citing a lack of reasonable grounds. Market Analysis: Bitcoin recently surpassed the $100,000 mark but has since retracted to approximately $94,000. Analysts attribute this pullback to stronger-than-expected economic data, rising Treasury yields, and investor concerns about potential delays in Federal Reserve interest rate cuts. Key support levels are identified at $92,000 and $87,000, with resistance around the psychological $100,000 mark. MicroStrategy's Bitcoin Holdings: MicroStrategy, a business intelligence firm, has heavily invested in Bitcoin, resulting in its stock price increasing by over 450% in the past year, outperforming Bitcoin itself. The company's strategy, led by Executive Chairman Michael Saylor, poses significant risks due to Bitcoin's volatility and potential regulatory concerns. Cryptocurrency ETFs: The U.S. has seen a surge in cryptocurrency exchange-traded funds (ETFs), with spot Bitcoin ETFs drawing $65 billion in 2024. BlackRock's iShares Bitcoin Trust became the most successful ETF debut in history. With a pro-crypto stance from the incoming administration, more crypto products, including ETFs linked to various cryptocurrencies, are anticipated. STAY DYOR $BTC
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#NFPCryptoImpact NPF Crypto Impact" could refer to various aspects depending on the context, such as: Non-Profit Funding (NPF) with Crypto: Cryptocurrencies are increasingly used by non-profit organizations to accept donations. This is because of low transaction fees, global accessibility, and transparency. The impact of crypto on NPFs includes: Expanding donor bases to tech-savvy audiences. Reducing intermediary costs, allowing more funds to be allocated to causes. Enhancing transparency with blockchain's public ledger. Crypto Impact on National Pension Funds (NPF): Some national pension funds explore cryptocurrency investments to diversify their portfolios. Risks and impacts include: High volatility, making it a risky investment. Potential high returns compared to traditional assets. Regulatory concerns around legality and security. Crypto Impact on Financial Systems: Cryptocurrencies like Bitcoin and Ethereum challenge traditional financial systems, including Non-Profit Financing (NPF). Key impacts include: Decentralization, reducing reliance on traditional banks. Increased financial inclusion for unbanked populations. source : chat gpt
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#CryptoMarketDip The cryptocurrency market has experienced a significant dip recently, driven by various factors. Regulatory uncertainties, particularly in key markets like the United States, have shaken investor confidence. Macroeconomic conditions, including rising interest rates and concerns about global economic stability, have added to the pressure. Additionally, increased correlation with traditional markets has made cryptocurrencies more vulnerable to broader financial market downturns. High volatility, often a hallmark of the crypto space, has also amplified losses as traders react to negative news. Despite the drop, experts view this as a potential correction, offering long-term investors an opportunity to enter the market at lower prices. what do you think next?
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