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#NFPCryptoImpact [1/10, 11:21 AM] Meta AI: The Non-Farm Payrolls (NFP) report can have a significant impact on the crypto market, particularly Bitcoin. The NFP report, released on the first Friday of each month, provides insight into the US labor market and economy.¹ A stronger-than-expected NFP report can lead to a stronger US dollar, which may negatively impact Bitcoin's price. On the other hand, a weaker-than-expected report can lead to a decline in the US dollar, potentially boosting Bitcoin's price.² Here are some possible ways the NFP report can impact the crypto market: - *Market Volatility*: The NFP report can cause significant volatility in the crypto market, particularly in the hours following the release. - *Bitcoin Price Movement*: A strong NFP report can lead to a decline in Bitcoin's price, while a weak report can lead to an increase. - *US Dollar Impact*: The NFP report can impact the value of the US dollar, which can in turn affect Bitcoin's price. - *Investor Sentiment*: The NFP report can influence investor sentiment, with a strong report potentially leading to increased risk aversion and a decline in crypto prices. Keep in mind that [1/10, 11:21 AM] Meta AI: The Non-Farm Payrolls (NFP) report can have a significant impact on the crypto market, particularly Bitcoin. The NFP report, released on the first Friday of each month, provides insight into the US labor market and economy.¹ A stronger-than-expected NFP report can lead to a stronger US dollar, which may negatively impact Bitcoin's price. On the other hand, a weaker-than-expected report can lead to a decline in the US dollar, potentially boosting Bitcoin's price.² Here are some possible ways the NFP report can impact the crypto market: - *Market Volatility*: The NFP report can cause significant volatility in the crypto market, particularly in the hours following the release. - *Bitcoin Price Movement*: A strong NFP report can lead to a decline in Bitcoin's price, while a weak report can lead to an increase. - *US Dollar Impact*: The NFP report can impact the value of the US dollar
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#OnChainLendingSurge The on-chain surge refers to a significant increase in activity on a blockchain network. This can be measured by various metrics, such as the number of transactions, transaction volume, and network congestion. In the context of Bitcoin, the on-chain surge is often associated with increased adoption and demand for the cryptocurrency. For instance, a surge in on-chain activity can indicate a growing number of users, increased transaction volume, and rising network congestion.¹ Some key indicators of an on-chain surge include: - *Increased Transaction Volume*: A rise in the total value of transactions processed on the blockchain network. - *Growing Network Congestion*: An increase in the number of unconfirmed transactions, leading to higher transaction fees and slower processing times. - *Rising Active Addresses*: An increase in the number of unique addresses actively participating in transactions on the network. These indicators can provide valuable insights into the overall health and adoption of a blockchain network, helping investors and analysts make informed decisions.²
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#CryptoMarketDip The crypto market is experiencing a significant dip, with the global market cap decreasing by 6.41% to $3.36 trillion.¹ This downturn has affected major cryptocurrencies like Bitcoin, Ethereum, and popular altcoins, with losses ranging from 5% to over 12% in the past 24 hours. *Key Factors Contributing to the Dip:* - _Rising U.S. Treasury Yields_: The 10-year yield has climbed to 4.7%, signaling tighter monetary policies that discourage investment in riskier assets like cryptocurrencies. - _Tech Stock Weakness_: The increase in bond yields and expectations of further Fed actions to curb inflation have put pressure on tech stocks, triggering a domino effect that has affected the crypto market. - _Labor Market Data_: Rising job vacancies have kept inflationary concerns high, increasing the likelihood of a more hawkish Federal Reserve stance. Despite this downturn, some experts believe that the crypto market's dip isn't the end of the bull market.² Historically, Bitcoin and other major assets have rebounded after sharp corrections. However, it's essential to exercise caution and consider multiple perspectives before making investment decisions.
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#BitcoinHashRateSurge The term *BTC* can refer to multiple things depending on the context. Here are the most common meanings of *BTC*: 1. *Bitcoin (BTC)* - *Bitcoin (BTC)* is the most widely known cryptocurrency. It is a decentralized digital currency that was created in *2009* by an anonymous individual or group of individuals known as *Satoshi Nakamoto*. Bitcoin is based on *blockchain technology*, which allows transactions to be recorded in a secure and transparent way. Bitcoin can be used for online purchases, investments, or as a store of value. - *Key Features*: - *Decentralized*: No central authority controls Bitcoin. It operates on a peer-to-peer network. - *Blockchain*: A digital ledger that records all transactions. - *Limited Supply*: Only 21 million Bitcoins will ever be created. - *Mining*: New Bitcoin is created through a process called mining, where powerful computers solve complex mathematical problems. - *BTC Symbol*: The symbol *BTC* is used to represent Bitcoin in financial markets and exchanges. - *Bitcoin Uses*: Bitcoin can be used for online transactions, investments, as a hedge against inflation, or as a speculative asset. ---
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$BTC The term *BTC* can refer to multiple things depending on the context. Here are the most common meanings of *BTC*: 1. *Bitcoin (BTC)* - *Bitcoin (BTC)* is the most widely known cryptocurrency. It is a decentralized digital currency that was created in *2009* by an anonymous individual or group of individuals known as *Satoshi Nakamoto*. Bitcoin is based on *blockchain technology*, which allows transactions to be recorded in a secure and transparent way. Bitcoin can be used for online purchases, investments, or as a store of value. - *Key Features*: - *Decentralized*: No central authority controls Bitcoin. It operates on a peer-to-peer network. - *Blockchain*: A digital ledger that records all transactions. - *Limited Supply*: Only 21 million Bitcoins will ever be created. - *Mining*: New Bitcoin is created through a process called mining, where powerful computers solve complex mathematical problems. - *BTC Symbol*: The symbol *BTC* is used to represent Bitcoin in financial markets and exchanges. - *Bitcoin Uses*: Bitcoin can be used for online transactions, investments, as a hedge against inflation, or as a speculative asset.
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