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#Write2earn #RobinHood will start #staking services in EUROPE , and it will go live with #SOLANA staking product #StakingTime #solanastaking $SOL Robinhood has introduced its first crypto staking feature for European users, alongside various enhancements tailored for its European clientele. These include localized apps, crypto rewards for newcomers, and updated Learn & Earn modules. Through Robinhood Crypto, users can access trading for over 30 cryptocurrencies, monitor real-time prices, and utilize charts to refine their strategies. The company announced the launch of its inaugural crypto-staking product exclusively available to European customers. Users can now stake their SOL holdings directly through the app, earning rewards while retaining flexibility to unstake at their discretion. New customers can enjoy a 10% bonus on net purchases within the initial 30 days on the platform, paid in USDC, starting Wednesday. The platform will also debut localized versions of the Robinhood Crypto app in select European countries, starting with Italy, Poland, and Lithuania, providing a fully translated experience for customers in these regions. Johann Kerbrat, VP and GM of Robinhood Crypto, highlighted the demand for localized language support and income-generating products since the European launch last year. While crypto staking gains traction in Europe, it faces scrutiny in the United States. The SEC has taken action against several crypto exchanges offering staking services, with Robinhood also receiving a Wells notice regarding its crypto operations, a matter the company plans to contest if necessary.

#Write2earn #RobinHood will start #staking services in EUROPE , and it will go live with #SOLANA staking product

#StakingTime #solanastaking $SOL

Robinhood has introduced its first crypto staking feature for European users, alongside various enhancements tailored for its European clientele. These include localized apps, crypto rewards for newcomers, and updated Learn & Earn modules. Through Robinhood Crypto, users can access trading for over 30 cryptocurrencies, monitor real-time prices, and utilize charts to refine their strategies.

The company announced the launch of its inaugural crypto-staking product exclusively available to European customers. Users can now stake their SOL holdings directly through the app, earning rewards while retaining flexibility to unstake at their discretion.

New customers can enjoy a 10% bonus on net purchases within the initial 30 days on the platform, paid in USDC, starting Wednesday. The platform will also debut localized versions of the Robinhood Crypto app in select European countries, starting with Italy, Poland, and Lithuania, providing a fully translated experience for customers in these regions.

Johann Kerbrat, VP and GM of Robinhood Crypto, highlighted the demand for localized language support and income-generating products since the European launch last year.

While crypto staking gains traction in Europe, it faces scrutiny in the United States. The SEC has taken action against several crypto exchanges offering staking services, with Robinhood also receiving a Wells notice regarding its crypto operations, a matter the company plans to contest if necessary.

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#Write2earn Bitcoin Prepares for Breakout: Bulls vs. Bears Showdown #Bitcoin #BitcoinAnalysis #BullVsBear Bitcoin's price action suggests an imminent breakout, with the $btc price hovering near $69k and a decisive move expected soon. As the market braces for a breakout, traders closely monitor whether Bitcoin will surge upwards or experience a downward correction. With an upward trend prevailing since May's outset, bullish sentiment remains strong, hinting at a potential continuation of the uptrend. Breakout Imminent In the short-term 4-hourly timeframe, Bitcoin finds itself within a triangle pattern, nearing its apex. Monday could mark a crucial turning point as the price prepares to break out either to the upside or downside. Given the prevailing uptrend, a breakout in the upward direction appears more probable, although a temporary fake-out to the downside cannot be ruled out. Anticipation of Upside Momentum Transitioning to the daily timeframe, analysts debate the formation of a bull flag pattern. Regardless of interpretation, both scenarios suggest a breakout, with the price consolidating above both versions. After a week of sideways and downward price movements, traders anticipate a resurgence of upside momentum, particularly once short-term stochastic RSIs enter oversold territory. Battle Between Bulls and Bears Zooming out to the weekly timeframe, Bitcoin continues to grapple with resistance at $69k, representing the peak of the 2021 bull market. This critical level, forming a potential double top, underscores the intense struggle between bulls and bears. Price fluctuations to both the upside and downside reflect the ongoing battle between market participants. Flight to Bitcoin Amid Market Uncertainty With time on its side, Bitcoin is expected to climb to new highs in 2025, barring any unforeseen setbacks. While the future price trajectory of Bitcoin remains uncertain, the looming specter of a global economic collapse and turmoil in traditional finance systems could drive investors towards Bitcoin as a safe haven asset .
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#Write2earn NORMIE Token Plunges 99% After Exploit: Recovery Efforts Underway #NORMIE #CryptoHack #Basememecoin #BASE The highly awaited NORMIE token faced a catastrophic collapse, plunging 99% on Sunday due to an exploit. Attackers manipulated the token's supply, draining its liquidity pools. Exploit Fallout: Blockchain analysts identified the attack, which saw the token's supply inflated beyond its intended limit of 1 billion. These extra tokens were swiftly converted to ether, compounding the damage. Unexpected Offer: In a twist, the attacker proposed returning 90% of the stolen funds for a project relaunch. The condition: the remaining funds would serve as a bug bounty. Developers, reeling from the loss, accepted this unconventional offer. Attacker's Critique: The attacker criticized NORMIE's contract code as rushed and lacking thorough review. They hinted at widespread flaws in similar token contracts, suggesting developers may have overlooked critical issues. Pre-Exploit Glory: Before the exploit, NORMIE boasted a $40 million market cap and nearly 90,000 holders, drawing inspiration from the popular Pepe the Frog character. Post-Exploit Fallout: NORMIE's market cap nosedived to $700, leaving investors with staggering losses. One investor saw their $1.6 million investment dwindle to a mere $150, highlighting the severity of the attack. Awaiting Redemption: With trading suspended, stakeholders anxiously await updates on NORMIE's future as investigations continue and developers strive to relaunch the project.
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