Done!

Ethereum Staking Boom: Over 25% of #ETH Now Locked Up!
Hold onto your crypto hats! A major milestone has been reached in the Ethereum ecosystem as over 25% of the total ETH supply is now staked. This means that more than 30 million ETH, representing roughly $75 billion, is actively participating in securing the network and earning rewards.

What does this mean?

- Increased network security: With more ETH staked, the network becomes more resistant to attacks and malicious activity. ( 946,770 Valdators)
- Deflationary pressure: Staking removes ETH from circulation, potentially leading to a decrease in overall supply and impacting its price.
- Growing investor confidence: The rising staking participation reflects growing trust in Ethereum's future and its potential for long-term value.

But wait, there's more!

The staking rewards have dropped from a peak of 8.6% post-Shapella to currently around 4%. This is due to the increase in staked ETH, but still translates to attractive passive income for participants.This milestone doesn't include ETH currently waiting to be staked, pushing the total locked amount even higher.

#PIXEL #Write2Earn #TrendingTopic #BTC

Dollar-cost averaging. (DCA)

One of the most popular ways of investing, it involves buying in increments over a period of time, rather than all at once.

Refers to the practice of investing fixed amounts at regular intervals (for instance, $25 every week). This is a strategy used by investors that wish to reduce the influence of volatility over their investment and, therefore, reduce their risk exposure.

The term “dollar cost averaging” was coined because such a strategy opens the potential for reducing the average cost of the total amount of assets purchased. As a result, the investor could be buying less of an asset while the price is relatively high, and more units of that asset as the price goes lower. In other words, the investor would enter in a position gradually, instead of doing it on a single move.

Source: Binance academy.

#Write2Earn  #BTC  #TradeNTell  #EthereumETF #DCAStrategy

Update on my yestardays post about GBTC:

Grayscale Offloads even Less BTC Than Yesterday!

Today's #Bitcoin Sent to out by $GBTC/Grayscale comes out to be ~4.4K $BTC or ~$190M worth. Pretty small.
Not sure if more is coming in another block but could just be it.

Total net inflows were +$38M yesterday so another day of inflows although small.

Remember: Btc doesnt sleep on weekends but institutions ETFs do.

#Write2Earn #BTC #TradeNTell #EthereumETF

ETH is turning into a deflationary dreamboat thanks to the Merge!

Remember that endless supply of ETH? Gone! Now, with every transaction, some ETH gets burned forever, making it scarcer than ever.

Think about it: **increased demand + decreased supply = potential price BOOM! ** But wait, there's more!

The burning rate is actually exceeding the issuance rate, meaning the total supply of ETH is SHRINKING, not just staying the same. This could be HUGE for long-term ETH holders.
But is it time to FOMO in right now? That's the million $ETH question. DYOR, NFA, but this burning mechanism is a game-changer for ETH's future.

In white line eth POW vs blue line eth POS 1 day time frame.
Orange is BTC issued in 1 day.
2.9k ETH has been burned the last day.

#Write2Earn #eth #TrendingTopic #BTC

Buckle up, crypto fam! The clock is ticking on the next #Bitcoin halving, and it's gonna be EPIC! ⏳

Mark your calendars for April 2024, because that's when the block reward gets SLICED IN HALF, from 6.25 BTC to 3.125 BTC.

Think about it: less supply, potentially the same demand...BOOM!
This isn't just some random event. It's built into Bitcoin's DNA, ensuring scarcity and incentivizing miners. History has shown us: halvings = price surges!

Remember 2012? Price went from $12 to $1,200. 2016? $400 to $20,000! 2020? $3,000 to $69K! (my fav number)

This ain't financial advice, but buckle up, buttercups! The halving is a catalyst, not a guarantee. But if you're bullish on Bitcoin, this is a pivotal moment to pay attention.

#Write2Earn

Binance now letting users buy #Bitcoin Ordinals on mobile wallets! 🔥 (#BinanceWeb3Wallet )

The Binance Inscriptions Marketplace: Your One-Stop Solution.

What are Inscriptions?

In the ever-evolving world of blockchain, an exciting new concept has emerged: Inscriptions.
The concept of inscriptions originated with Bitcoin Ordinals. Since the Bitcoin network doesn’t support smart contracts, it couldn’t directly handle NFTs — or similar tokens. 
However, with the innovation of Ordinals, developers found a way to inscribe data onto individual satoshis (the smallest unit of Bitcoin). This opened a new frontier for creating digital assets on a blockchain originally not designed for them. 
Unlike traditional Bitcoin blockchain entries, which involve transactional data, inscriptions can include a variety of data types, such as text and images. They are immutable, meaning once written, they cannot be altered or deleted, ensuring permanence and security.

#Write2Earn

Bitcoin Update: Grayscale Offloads Less BTC Than Yesterday!

Only 6,200 BTC (GBTC) Bitcoin trust sent out by Grayscale today, down from yesterday's 6,500 BTC.

Grayscale is selling less BTC each day and other ETFs are getting the money as they have fewer fees

Is this a sign of cooling investor appetite, or just a temporary blip?

Either way, it took FOREVER for this data to come in! No blocks mined for nearly an hour... guess even the Bitcoin network needed a coffee break. ☕️

#Write2Earn

Bitcoin Update: Grayscale Offloads Less BTC Than Yesterday!

Only 6,200 BTC (GBTC) Bitcoin trust sent out by Grayscale today, down from yesterday's 6,500 BTC.

Grayscale is selling less BTC each day and other ETFs are getting the money as they have fewer fees

Is this a sign of cooling investor appetite, or just a temporary blip?

Either way, it took FOREVER for this data to come in! No blocks mined for nearly an hour... guess even the Bitcoin network needed a coffee break. ☕️

#Write2Earn

Is the Crypto Market Shaking in Its Boots or Ready to Rocket?

The Crypto Fear & Greed Index can tell you EVERYTHING! It's like a mood ring for the market, going from Extreme Fear (buy the dip alert!) to Extreme Greed (tread carefully!).
Binance Square uses secret sauce data to give you the REAL score, not just some generic number. So, tell us:
- What's the current Fear & Greed Index reading?
0-24: Panic in the streets! Time to scoop up bargains? 🤑
25-49: Neutral vibes. Sit tight and observe?
50-74: Feeling bullish! Time to buy the hype? 🚀
75-100: Full-blown FOMO! Proceed with caution!

#Write2Earn #BitcoinPrice2024 #ETH-ETF