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#OnChainLendingSurge Lending on the blockchain has surpassed the milestone of 20 billion US dollars in active loans, breaking the record set in December 2021. This indicates an increase in liquidity and may drive the cryptocurrency market. This event is also mentioned in cryptocurrency market update newsletters.
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#CryptoMarketDip 1. A sudden rise in the US 10-year Treasury yield. 2. Unexpected strong US economic data, including: - Strong labor market statistics - ISM services index rose above expectations 3. Major liquidations in the cryptocurrency market: - About $480 million was liquidated - Bitcoin fell by 5% - Ethereum fell by 8% 4. Market leverage reduction: - More than $1 billion lost in open positions for Bitcoin and Ethereum 5. Change in investors' expectations about the Federal Reserve cutting interest rates in 2025 6. Bitcoin price drops below $98,000 7. Shares of cryptocurrency-related companies were negatively affected, such as: - MicroStrategy - Marathon Digital
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#BinanceMegadropSolv If you stake 1 $BNB in locked products for megadrop for 120 days and also complete web3 task you will get 695 points in megadrop. Binance just announced a new megadrop after 7 months the last megadrop was lista coin and now it's Solv protocol, it's very much similar to Bouncebit Megadrop where we have to stake 0.0001 BTCB in solv we have to do the same and also stake bnb in locked products to get the points.
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#BitcoinHashRateSurge Bitcoin hashrate $BTC continues to grow at an unprecedented rate. This phenomenon does not leave indifferent neither investors, nor miners, nor those who are simply interested in cryptocurrencies. For those who are just starting their journey in the world of cryptocurrencies, I will briefly explain: hashrate is a measure of the computing power used to solve complex mathematical problems in the Bitcoin network. The higher the hashrate, the more secure the network, since for a successful attack, an attacker will need even more computing resources.
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#CryptoReboundStrategy Algorand (ALGO) Current Price: $0.413297 Future Prediction: As decentralized applications (dApps) gain traction, Algorand could see its price rise to between $5.00 and $8.00.
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