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#NFPCryptoImpact Trading around Non-Farm Payrolls NFP can be highly profitable due to the significant market volatility it generates. NFP reports provide critical insights into U.S. labor market health, influencing economic growth expectations and monetary policy decisions by the Federal Reserve. This volatility creates opportunities for traders to capitalize on rapid price movements in forex, commodities, and even cryptocurrency markets. A better-than-expected NFP report often strengthens the U.S. dollar, benefiting USD-based trades, while a weaker report can lead to dollar depreciation and create profitable setups for alternative investments. However, trading during NFP requires careful planning, as price swings can be unpredictable. Profits come from leveraging technical analysis, pre-set strategies, and risk management. Although profitable, NFP trading also carries significant risks, making it more suitable for experienced traders with a disciplined approach.....
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#BinanceMegadropSolv Introducing Solv Protocol (SOLV) on Binance Megadrop! Earn Rewards Through Locked BNB and Web3 Quests AI Summary Binance announced the 3rd project on Binance Megadrop, featuring Solv Protocol (SOLV), a cutting-edge Bitcoin staking protocol that aims to build a Bitcoin-centric financial ecosystem. SOLV Megadrop Details Token Name: Solv Protocol (SOLV) Max Token Supply: 9,660,000,000 SOLV (dynamic, subject to network governance adjustments) Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max token supply) Megadrop Token Rewards: 588,000,000 SOLV (7.00% of genesis token supply, 6.09% of max token supply) Initial Circulating Supply: 1,482,600,000 SOLV (17.65% of genesis token supply, 15.35% of max token supply) About Binance Megadrop Binance Megadrop is an innovative token launch platform combining Binance Simple Earn and the Binance Web3 Wallet. It provides early access to select Web3 projects, offering users an interactive experience with rewards based on engagement and education. How to Participate in the Solv Protocol Megadrop Log in to Binance: Access your account on the Binance platform. BNB Locked Products: Subscribe to BNB Locked Products on Binance Simple Earn for score accumulation. Longer subscription periods yield higher scores. Complete Web3 Quests: Create a Binance Web3 Wallet and complete designated quests to gain bonuses and multipliers. Receive Rewards: Your rewards will be distributed based on your Total Score relative to all qualified participants. Scoring System Locked BNB Score: Earn points based on the amount of BNB locked and subscription duration. Web3 Quest Bonus: Completing all designated quests grants additional scores. Web3 Quest Multiplier: Boosts your Locked BNB Score for completing all Web3 Quests. Total Score Formula: (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest Bonus
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$BTC BTC/USD quotes are trading at 101663 and continue to move within the development of growth and a bullish channel. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of “Digital Gold” and potential continued growth in the value of the asset from current levels. As part of the cryptocurrency rate forecast for tomorrow, January 7, 2025, we should expect an attempt to develop a minor correction in the value of the digital asset and a test of the support level near the 96605 area. From where we should again expect an upward rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 114605 area.
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$BTC good
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#BitcoinHashRateSurge What increases Bitcoin Hashrate? The more computers that join a blockchain network and process hashes (guesses) on the network, the higher its hash rate is. A high hash rate represents more security and health on a PoW blockchain network, as there is less of a chance of an attack on the network.
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