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Let we know : Who is satosi Nakamoto? Satoshi Nakamoto is the pseudonymous creator of Bitcoin, the first decentralized cryptocurrency. In 2008, Nakamoto published the Bitcoin whitepaper, outlining a peer-to-peer electronic cash system that operates without intermediaries like banks. In 2009, they launched the Bitcoin network, mining the first block, known as the "Genesis Block." Nakamoto's true identity remains unknown—whether they are an individual or a group is still a mystery. They disappeared from public interaction in 2011, leaving the project in the hands of the Bitcoin community. Nakamoto's invention has revolutionized finance, inspiring the rise of blockchain technology and countless cryptocurrencies worldwide. #NFPCryptoImpact
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$BTC Let we know : Today's Bitcoin price action Today, January 10, 2025, Bitcoin's price action has been marked by significant volatility. After starting the day with bullish momentum, BTC faced resistance near the $100,000 psychological level, triggering a pullback. The intraday low tested support around $91,000, highlighting ongoing market uncertainty. Factors influencing today's movements include rising U.S. Treasury yields, which have dampened risk appetite, and concerns over potential delays in Federal Reserve interest rate cuts following strong employment data. Traders are closely watching the $90,000 support level, as a breakdown could lead to a deeper correction, while sustained bullish sentiment might push Bitcoin toward $106,000 in the near term.
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Let we know : What is on chain transaction? An on-chain transaction refers to any transaction that is recorded and verified directly on a blockchain network. These transactions are publicly visible and permanently stored on the blockchain ledger, ensuring transparency and immutability. On-chain transactions involve the transfer of cryptocurrency or digital assets between wallets and require network validation by miners or validators through a consensus mechanism. Once confirmed, the transaction becomes part of a new block added to the blockchain. While on-chain transactions provide security and trust, they may also involve higher fees and slower processing times compared to off-chain alternatives. #OnChainLendingSurge
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Let we know : What is coin Market cap? CoinMarketCap is a leading cryptocurrency market tracking website that provides up-to-date data on the prices, market capitalizations, trading volumes, and rankings of thousands of cryptocurrencies. Founded in 2013, it has become a crucial resource for investors, traders, and enthusiasts in the digital asset space. CoinMarketCap offers various tools, including portfolio tracking, watchlists, and market analysis, making it easier for users to stay informed about the rapidly evolving crypto market. With its user-friendly interface and comprehensive data, CoinMarketCap is an essential platform for anyone involved in cryptocurrency trading and investment. #CryptoMarketDip
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