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$BTC As of January 7, 2025, Bitcoin (BTC) is trading at approximately $97,821, reflecting a 4.26% decrease over the past 24 hours. Despite this recent dip, Bitcoin has experienced significant growth over the past year, with its price increasing by more than 150% in 2023, marking its best annual performance since 2020. Looking ahead, analysts at Steno Research project that Bitcoin could reach $150,000 in 2025, driven by factors such as increased institutional interest, the proliferation of cryptocurrency exchange-traded funds (ETFs), and supportive regulatory developments. Additionally, the upcoming Bitcoin halving event, expected on April 20, 2025, is anticipated to impact the cryptocurrency's price, as similar events have historically influenced market dynamics. Investors should remain aware of Bitcoin's inherent volatility and consider these factors when making investment decisions. #BinanceMegadropSolv
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#BinanceMegadropSolv Binance has introduced Solv Protocol (SOLV) as the third project on its Megadrop platform, offering users the opportunity to earn SOLV tokens through BNB Locked Products and Web3 Quests. Key Dates: Megadrop Period: January 7, 2025, 00:00 UTC – January 16, 2025, 23:59 UTC SOLV Listing on Binance: January 17, 2025, at 10:00 UTC, with trading pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY. Participation Details: BNB Locked Products: Users can lock their BNB in various durations (30, 60, 90, or 120 days) to earn rewards. Hourly snapshots of BNB subscriptions are taken during the Megadrop period to calculate scores. Web3 Quests: Participants can complete designated tasks, such as staking 0.0001 BTCB on Solv Protocol, to boost their scores. An active Binance Wallet is required for quest participation. Reward Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus Locked BNB Score: Calculated based on the average amount of BNB locked over different durations, with longer lock periods yielding higher multipliers. Web3 Quest Multiplier: 1.5 Web3 Quest Bonus: 500 A total of 588,000,000 SOLV tokens (7% of the genesis token supply) are allocated for Megadrop rewards. About Solv Protocol: Solv Protocol is a Bitcoin staking platform aiming to enhance the utility of idle Bitcoin assets by integrating them into decentralized finance (DeFi) ecosystems. It offers tools like the Staking Abstraction Layer and SolvBTC to facilitate yield opportunities for both retail and institutional investors. For more information and participation guidelines, please refer to Binance's official announcement. $BTC
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