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Yam BT
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#OnChainLendingSurge According to PANews, recent data from Token Terminal indicates that the total active loans in the on-chain lending market have reached an all-time high, surpassing $20 billion. The previous record was set in December 2021. Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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#CryptoMarketDip Why Did the Crypto Market Crash? The current downturn in the cryptocurrency market is primarily attributed to external factors, specifically the broader collapse of the Nasdaq. This external shock has had a ripple effect across all financial markets, impacting crypto prices and traditional tech stocks alike. Key Takeaways: - The decline in crypto prices was triggered by the Nasdaq's significant drop. - Investor sentiment and market dynamics have been heavily influenced by the Nasdaq's collapse. - The connection between cryptocurrencies and global financial markets is strengthening over time. - Widespread panic caused by the Nasdaq's fall has led to significant selling pressure on cryptocurrencies.
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#BinanceMegadropSolv Read this carefully before staking your bnb in Solv Protocol ⚠️ Binance has introduced its third Megadrop project, featuring Solv Protocol (SOLV), a pioneering Bitcoin staking platform dedicated to building a Bitcoin-centric financial ecosystem. Participation Details: - Megadrop Period: January 7, 2025, 00:00 (UTC) to January 16, 2025, 23:59 (UTC). - How to Participate: - Stake BNB: Subscribe to BNB Locked Products; longer subscription periods yield higher scores.
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#BitcoinHashRateSurge The hash rate reaches more than 1000EH/s, which is a historical rate that we have not reached before. It is positive for the market and good and indicates positive trends for the market. It also makes the network more secure, and it indicates an increase in mining activity.
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#BitcoinHashRateSurge Just recently, the Bitcoin Network Hash Rate is at a current level of 851.34M, up from 813.14M yesterday and up from 509.06M one year ago. This is a change of 4.70% from yesterday and 67.24% from one year ago. Hashrate is a measure of how many calculations can be performed per second and it's usually measured in billions, trillions, quadrillions, and quintillions. For example, a hashrate of 1TH/s means one trillion calculations can be performed every second. Going by these figures, it is no more wonder why the price keeps surging rapidly, despite some slight fluctuations here and there. All these are owned to the number of active miners and active traders every day. This is a clear indication that it is fast becoming a reliable fiat for transactions and businesses on a global scale. But while it continues to surge, it is only expected that other tokens/coins should also see reasonable appreciation in their values. This has not really been the case so far. The market has been so heavily rampant with rapidly fluctuating dumps and volatility. Maybe it is a coincidental trend, or just a sign yet to be deciphered.$BTC
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