#XmasCryptoMiracles May our dreams come true in 2025 and may we together achieve many victories in the crypto market next year! This is Graal Searcher's wish for all of you!!!
Can Brazil afford, as a nation, not to expand the use of technology in its financial system?
O mago
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š« Why I am NOT in favor of Drex, Brazil's digital currency š§š·
Drex, the official digital currency of the Central Bank, promises to modernize the Brazilian financial system. But are we prepared for the challenges it brings? š¤
š¬ My reasons for not supporting Drex:
1ļøā£ Privacy at Risk: With Drex, all transactions can be tracked by the government. This raises serious concerns about surveillance and lack of financial privacy.
2ļøā£ Digital Exclusion: Not all Brazilians have access to the internet or devices to use Drex. This may increase financial exclusion, instead of solving it.
3ļøā£ Technological Dependence: The system is subject to cyberattacks and technical failures. Furthermore, relying so heavily on a digital currency may leave us vulnerable to technological crises.
4ļøā£ Government Control: Drex could give the government more control over how we use our money, limiting our financial freedom.
5ļøā£ Impact on Banks: The adoption of Drex could weaken commercial banks, reducing the supply of credit and creating financial instability.
š What can we do? It is important to discuss the implications of Drex and demand transparency and security before accepting such significant changes.
š” I prefer decentralized alternatives, such as traditional cryptocurrencies, which offer financial freedom without the centralized control of a government.
What do you think of Drex? Share your opinion in the comments!
Be polite and technical in the comments.
This is my opinion and you are free to agree or disagree, but any offense will be blocked or deleted.
Cardano has been showing instability in the last week, but I really believe in the project and its potential
Coinpedia
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Cardano Price Prediction for 2025: Here Are the Bullish & Bearish Scenarios for the ADA RallyĀ
The post Cardano Price Prediction for 2025: Here are the Bullish & Bearish Scenarios for the ADA RallyĀ appeared first on Coinpedia Fintech News
Cardano is the third-generation chain, which was built to overcome the shortcomings of the primitive chains. Having such a wide use case, the ADA price was believed to closely follow Bitcoin or at least Ethereum. Unfortunately, the price could reach a maximum of $3 and now is struggling to reclaim $1 after facing a notable rejection from highs at $1.327. The market participants remained pessimistic about the Cardano price rally and shifted their focus away from the token.Ā
Meanwhile, the current pullback offers a good entry point, as in the wider perspective, the ADA price rally is expected to climb more heights.Ā
The recent rise in the ADA price has attracted huge social sentiment as well. As per a social intelligence platform, Lunar Crush, Cardanoās social activity across the crypto markets is charging higher. As the price witnessed a rise of over 5%, social activity also increased by over 2.35%. However, the price is juggling around a pivotal support of around $0.92 as a rise beyond the range may revive a bullish hope for above $1.Ā
Whatās next for theĀ ADA price rally? Will it mark a new ATH in 2025?
The historical price action of ADA suggests the token is reciprocating the previous pattern. The ADA price had formed a double-top pattern followed by a significant pullback, marking interim lows. A similar pattern has been observed at the start of the year, followed by a notable upswing similar to the previous one, suggesting a 7x to 10x run throughout 2025, marking a new ATH somewhere around $10.Ā
Apart from the chart pattern, the RSI is also displaying a similar trend as it is about to reenter the overbought zone, displaying a bullish divergence. On the other hand, the Gaussian channel has just flipped into green, suggesting the start of a bullish trend. Therefore, the Cardano (ADA) price is believed to remain consolidated for a few weeks, followed by a massive breakout to the ascending trend line, completing a massive parabolic curve.Ā
Before you start creating content, read this guide to help you avoid violating community guidelines on Binance Square. We've summarized some scenarios to highlight the must-knows.
āRedirecting users to sites outside of Binance: - Direct users to interact on third-party platforms - Direct users to follow or interact with you outside of Square - Add contact information or guide users to private channels in bio - Use images of any kind to share contact information
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ā Begging
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ā”ļø Related Other Links: - Binance Square Community Management Guidelines - Announcement
In the last 24 hours, the crypto market has experienced less instability and a slight upward bias. In addition, BTC dominance has seen a slight drop. But are these indicators sufficient to define the beginning of an alt season? Do we need to maintain this scenario for a while longer for this trend to be confirmed? What is your opinion?
In the last 30 minutes, several currencies that had been falling and/or unstable for several days suddenly began to appreciate what happened? suggestions reflections
Living in a dream or working with your feet on the ground?
Many people believe that with a small investment and a good dose of luck they will be able to become millionaires through cryptocurrencies.
But this is a difficult reality.
The right thing to do is to look for currencies that have real value and growth potential and invest little by little in increasing the volume of capital.
In addition, it is important to understand that few currencies have real explosive potential and that even currencies that have this potential are subject to market conditions and different attitudes of investors, who are often more focused on the search for small, constant returns than on transforming a small amount of capital into billion-dollar assets in a short space of time.
So remember: the most important thing is that you study the market, study the potential of currencies and seek to increase your assets with an eye on reality and not on dreams.
To get rich in dreams, all you have to do is sleep and dream. To get rich in reality, it is important to understand that most of the time, a good profit will require time, study and a pinch of luck.
have your feet in the real world and work like an ant to achieve your goals.
#ChristmasMarketAnalysis The end of the year is full of doubts and uncertainties for investors. Volatility has scared off new market participants, while more experienced investors are trying to convey the message that there is nothing new on the market and that the recovery of healthy currencies will come in early 2025. What is your opinion? #ada #ena #doge
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