Insights do opxbaba(@Muhammad_Qaasim)

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Bullish

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opxbaba

@Muhammad_Qaasim

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$BTC The future of bitcoin is very promising. It is the premier cryptocurrency of the world with the most significantly increasing value, most secure public blockchain and an army of miners and developers. As long as it continues eating away the share of fiat currencies, its worth and acceptance will only increase. There are 21 million bitcoin that can be mined on the blockchain. Almost ⅔ of the bitcoins have already been mined. It is possible to mine for more but as more and more people enter the mining process, it gets more resource intensive to mine for more coins. Competition automatically increases the demand for more resources for mining.

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#NFPCryptoImpact The Non-Farm Payroll report basically tells us the change in the number of people employed during the previous month, excluding the farming industry and workers in a handful of other classifications. This generally means that getting a higher than expected number (which is released on the ADP report a day prior) shows strong growth in employment and indicates that global investors are most likely to spend their cash, in turn strengthening 💪 the U.S. dollar. This is positive/bullish 🔼 for the dollar 💲. Inversely, a lower than expected number shows a weaker economy and this should be taken as negative/bearish 🔽 for the dollar 💲BTC

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#OnChainLendingSurge Aave, a prominent decentralized finance (DeFi) platform, has been instrumental in this growth. As of August 2024, Aave reached approximately 40,000 active weekly borrowers, setting a new record. This surge is largely attributed to the emergence of new lending markets, including Base and Scroll, which have driven growth on the platform. Aave operates across multiple blockchain networks, offering overcollateralized loans through automated smart contracts. With a total value locked (TVL) of around $11.85 billion, Aave ranks as the third-largest DeFi protocol.

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#CryptoMarketDip crypto market down for now dont buy or sell for now market will be stable after one week so hold your horses next pump coin could be pengu so keep an eye on pengu coin and dexe and coin which can give you profit and bnb coin as always my favourite voin

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G coin great opportunity for investors coin will pump son

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