During Trump's first stint in the White House, the stock market soared. The ageless Dow Jones Industrial Average (^DJI 1.24%), benchmark S&P 500 (^GSPC 0.88%), and innovation-inspired Nasdaq Composite (^IXIC 0.64%) respectively increased in value by 57%, 70%, and 142% with Trump in office. It's worth noting that the stock market moved noticeably higher following Trump's Election Day victory in November.
A smiling Donald Trump delivering remarks behind the presidential podium.
The cryptocurrency market has seen unprecedented momentum driven by Donald Trump’s upcoming term. Weekly inflows jumped to a record $2.2 billion, the most of the year and a bet on digital assets.
According to CoinShares latest report, that capital surge is due to optimism around Donald Trump’s Jan. 20 inauguration. That brought the year’s total to $2.8 billion from inflows. Influx pushes year to date inflows to $2.8 billion, lifts assets under management (AUM) to all time high of $171 billion.
$SOL #solana #binancelearntoearn #Write2Earn According to the latest data gathered, the current price of Solana is $180.74, and SOL is presently ranked No. 5 in the entire crypto ecosystem. The circulation supply of Solana is $81,178,374,229.53, with a market cap of 449,155,040 SOL.
In the past 24 hours, the crypto has increased by $1.61 in its current value.
For the last 7 days, SOL has been in a good upward trend, thus increasing by 25.64%. Solana has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of SOL has increased by 18.86%, adding a colossal average amount of $34.09 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
#NFPCryptoImpact Under the excitement and financial gains, a dark secret lies at the heart of the NFT and cryptocurrency world. This is the huge negative impact that NFTs have on the environment, in a time where the world is becoming very worried about the impact of global warming, this seemingly harmless world of online trading is becoming an increasingly big problem. NFT artist Memo Atken estimates that one NFT artist's half a year NFT carbon cost is equivalent to driving a car 838 thousand kilometers, or boiling a kettle 3.5 million times.
Over its lifespan, it is estimated that an average NFT will produce 211kg of carbon dioxide (CO2) into the atmosphere as a result of the process of creating and purchasing the digital artwork. A single tree can offset 60kg of CO2 on average, therefore it will take 3.52 trees to offset the life of an NFT. Although the carbon impact of much of the NFT process is unclear, the elements that we do know the cost for have a great impact on the environment.
By studying the sales of a number of the most popular NFT collections, we have been able to identify the NFTs with the greatest carbon cost, and worst environmental impact.
How much carbon dioxide do NFTs produce? Minting a brand new NFT has a massive negative impact on the climate, the carbon cost of blockchain mining is immense. Moreover, as there are thousands of crypto miners across the world attempting to win the race, adding any NFT to a blockchain uses around 83kg of CO2 (1.38 trees). Therefore, all primary mint sales of NFTs have this cost, regardless of their financial value.
Once the NFT has been mined, added to a blockchain and minted, the carbon cost of each individual piece continues. Every time a bid is submitted for an NFT it costs 23kg of CO2 (0.38 trees), every sale of an NFT produces 51kg of CO2 (0.85 trees), and every transfer of an NFT produces 30kg of CO2 (0.5 trees).
This growth is a key indication of the rising liquidity in the crypto market but it also brings with it both opportunities and risks let's break down the potential implications.................................. Binance
Hey Viewer's....... Here is Todays WOD The Science Behind Our Stubbornness: A Double Barrier to Change
Status quo bias refers to the preference for the familiar, which causes people to stick with what they already have rather than trying something new. Psychologists believe this bias comes from a deep-seated desire for security and predictability — when something feels familiar, it often feels “safer.”
Take someone who takes the same route to work each day. Even though they know of a new shortcut that could shave off a few minutes from their journey, they may avoid it because they’re already used to their current route. Since they know the familiar path well, they may stick with it even at the expense of time.
Meanwhile, the endowment effect, quite a similar phenomenon, causes people to overvalue things simply because they own them or are invested in them in any way, regardless of the item’s objective worth. This effect becomes even stronger when significant time or resources have been invested, making it harder to let go, even when a replacement would be more practical.
Imagine someone who owns an old car that requires frequent, costly repairs. Each repair strengthens their attachment, as they feel the time and money spent must add to the car’s worth. The time, effort, and money they've put into keeping it running make it seem more worthwhile to keep, even though, from a financial perspective, it’s a poor investment. The car’s market value continues to drop, and the frequent repairs cost more over time than investing in a newer, more reliable model would. This ongoing cycle makes it harder for the owner to recognize that holding onto the car isn’t truly cost-effective.
Together, status quo bias and the endowment effect can create a powerful resistance to change. The familiarity of the status quo provides comfort, while the endowment effect inflates the perceived value of past choices.
#CryptoMarketDip The ongoing correction in the crypto market mirrors the weakness witnessed in US equities. The S&P 500 dropped by 1.1% to close the day at 5,509.03 on Jan. 7, while the Nasdaq composite index declined by 375 points.
The Dow Jones index clocked its second consecutive daily loss, dropping 0.61% to close the trading day on Jan. 7 at 42,528.36.
“The S&P 500 is now down 75 points today and has erased its year-to-date gain,” said capital markets commentator The Kobeissi Letter in response to the market’s reaction to the economic data prints.
$BNB BNB’s price action has been impressive, recovering steadily from its consolidation phase. The breakout from the falling wedge has given traders hope for a bullish continuation. A move above $722 would not only confirm the trend but could also attract additional buying interest, driving the price toward $800.
However, if BNB struggles to hold above $722, it risks revisiting the $649 support zone. This makes the next few trading sessions pivotal in determining whether the rally can be sustained.
Its 07-01-2025 Here is Todays #WOD #CryptoSkeptics lack Context. They see the industry from the Top-down rather than a set of high-tech decentralized Systems that enable unlimited digital ecosystem-building on the Top.
Anyone involved with the industry is no stranger to doubtful sentiment about the future of #crypt . A contingent of people who see #cryptocurrency as akin to fraud have begun to organize. Its a response to what they see as a crypto movement that has dominated discussion of this still-new technology both online and in #Washington ...
Bitcoins Stunning gains this year have been attributed to optimism surrounding us regulatory developments. Investing just $100 into BTC today could lead to significant upsides in the future. Bitcoin is a volatile financial assets. it is important to be mentally prepared for price fluctuations.
Based on a free market ideology bitcoin was invented in 2008 by SATOSHI NAKAMOTO an unknown person. Use of bitcoin as a currency began in 2009 with the release of its open source implementation. In 2021 El Salvador adopted it as legal tender.
$BTC The current market cap of bitcoin is £1,561,351,838,462.51,Which represents a -0.22% chance in the last 24 hours. This value is indicates that the token is highly valued by the market. What next for Bitcoin in 2025? Understanding the role of Bitcoin in modern investment portfolios.There is no ongoing event on the Bitcoin network. Bitcoin price drop in the last 24 hours has appeared further due to weakening technicals. First,the drop follows a growing bearish divergence between BTC's rising prices and declining relative strength index (RSI) on the daily chart. BTC/USD is a part of a very Strong bullish trend. Although the crypto market is volatile,experts predict the value of BTC will grow in the long term