Following its multi-year highs, the 18% pullback in Bitcoin | MayaWalk on Binance Square

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Following its multi-year highs, the 18% pullback in Bitcoin over the weekend was attributed to profit-taking, particularly in derivatives, after news about the ETF, according to Glassnode.
#ETFsApproval #BitcoinETF💰💰💰 

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Bitcoin Mining Profits Under Pressure The Bitcoin mining industry is feeling the pinch as rising electricity prices continue to erode profitability. According to data from CryptoQuant, many miners have seen their profits halved due to surging energy costs. This reality forces miners to seek alternative ways to stay profitable and manage their operations more efficiently. Why Mining Pools Are a Game-Changer Mining pools like ViaBTC and WhitePool have become critical tools for miners to maintain a stable income. Instead of operating independently, miners join forces, combining their computational power and sharing rewards based on their contribution to the pool. ViaBTC, for example, offers flexible payout models such as PPS (Pay Per Share), which provides consistent payouts, and PPLNS (Pay Per Last N Share), which focuses on rewarding based on successful block discoveries. WhitePool’s 0% Commission: A Limited-Time OpportunityFor miners looking to maximize their returns, WhitePool, offered by WhiteBit, presents an excellent opportunity. Until the end of September, Whitepool has a 0% commission promotion, allowing miners to keep all of their earnings without any deductions. This promotion makes it an ideal time for miners to switch pools or begin mining without worrying about fees cutting into their profits. WhitePool supports both PPS and PPLNS, giving miners flexibility in how they earn rewards. With Whitepool’s seamless integration into the WhiteBit exchange, you can easily withdraw and trade your mining rewards as soon as they’re credited. The Competitive Edge of Joining a PoolBoth ViaBTC and WhitePool offer robust infrastructure, ensuring that miners can maintain profitability even as energy costs rise. Whitepool’s fee-free promotion gives it a significant advantage, particularly for those looking to offset operational costs in the short term. As energy costs rise and mining becomes more competitive, joining a pool with a zero-fee structure like Whitepool could be the key to sustaining profits. #ViaBTC #WhitePool #Mining100Million #CryptoQuant

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Crypto Security 101: How to Keep Your Assets Safe As the cryptocurrency industry grows, so do the threats from hackers and scammers. Keeping your assets safe requires a combination of best practices and using secure platforms. One of the most effective ways to protect your holdings is by using hardware wallets, which store your keys offline, making it nearly impossible for hackers to access your funds. Additionally, using reputable exchanges like WhiteBit can help safeguard your assets. WhiteBit offers advanced security features, such as two-factor authentication (2FA) and anti-phishing codes, ensuring that users’ funds are well-protected. Educating yourself about common phishing scams and the importance of never sharing your private keys are critical steps in safeguarding your crypto assets. #CryptoSecurity #Safe_Trading #CryptocurrencyCulture

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Exploring NFT Use Cases Beyond Art and Collectibles Non-fungible tokens (NFTs) have become synonymous with digital art and collectibles, but their use cases extend far beyond that. NFTs are being used in gaming, virtual real estate, and even in decentralized finance (DeFi). In the gaming world, NFTs are used to represent in-game assets, giving players true ownership and the ability to trade or sell those assets across platforms. NFTs are also being used in the music industry, where artists are leveraging them to offer exclusive content, concert tickets, and experiences directly to their fans. The tokenization of real-world assets, such as property, through NFTs, is another emerging trend that shows great promise for revolutionizing multiple industries. As NFT technology matures, expect to see more innovative use cases that extend beyond art, transforming the way we interact with both digital and physical assets. #NFT #tokenization

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The Evolution of Meme Coins: From Dogecoin to Hamster Kombat Meme coins have become an integral part of the cryptocurrency world. What started as a joke with Dogecoin has now evolved into a significant market segment, with projects like Shiba Inu and Hamster Kombat gaining traction. These tokens capitalize on viral internet culture, and while they often start as humorous, they can quickly build strong communities and even gain real-world utility. Hamster Kombat, for example, started as a meme-inspired token but has since developed into a popular play-to-earn platform, attracting millions of users. The shift from meme to mainstream is a testament to how fast things can evolve in the crypto space. WhiteBIT has been instrumental in supporting meme coins by offering a reliable platform for trading them. With its secure infrastructure and global user base, WhiteBIT provides liquidity and accessibility for meme coin traders looking to capitalize on these viral sensations. #memecoin🚀🚀🚀 #DogecoinCommunity #HamsterKombat #evolution

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What is Staking and How Can You Earn Passive Income with Crypto? Staking is one of the simplest and most effective ways to earn passive income with cryptocurrency. By staking your tokens, you contribute to the network’s security and, in return, earn rewards in the form of additional tokens. Many projects, including Ethereum 2.0 and Polkadot, rely on staking to maintain network integrity. Staking is accessible to both experienced and new crypto users. With centralized platforms like WhiteBIT, staking becomes even easier. WhiteBIT offers staking pools where users can stake a variety of tokens and earn competitive rewards without having to deal with the complexities of directly managing their assets on-chain. For those seeking a hands-off approach to earning crypto, staking provides a reliable and low-risk way to grow your portfolio. #PassiveIncome #Earncommissions #StakingRevolution

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