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OlekXL
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Breaking News: Binance Futures Will Launch $CGPT Perpetual Contracts With up to 75x Leverage 🔥
It's going live TODAY at 19:15 UTC! (Dec. 20th)
#Crypto
#WEB3
#AI
#ChainGPT
#Trading
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🤔 What Are Blockchain Transaction Fees? Blockchain transaction fees are an important part of how blockchain networks operate, ensuring security and efficiency ⚠️ Why Do They Exist? Transaction fees incentivize miners or validators to process transactions and prevent spam, keeping the network running smoothly. #XmasCryptoMiracles $XRP
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#ReboundRally 👌 What Is Crypto Fear and Greed Index? Ever wondered how emotions play a role in the world of crypto? Crypto Fear and Greed Index, your go-to metric for understanding the market's sentiment. Why It Matters: Understanding the index helps navigate market volatility by summarizing the emotional state of traders, from extreme fear to excessive greed. How It Works: The index combines data from sources like market volatility, trading volume, and social media trends to produce a score reflecting current sentiment. Low scores indicate fear while high scores signal greed.
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#MarketRebound 🤔 Blockchain vs. Bitcoin: What’s the Difference? It’s common to hear blockchain and Bitcoin used interchangeably, but they’re not the same. Let’s break it down: 🔗 Blockchain is the technology that powers Bitcoin, providing a decentralized and secure way to record and verify data. It’s versatile, with applications across industries far beyond cryptocurrency. 🪙 Bitcoin is a cryptocurrency built on #blockchain, designed for #decentralized, peer-to-peer digital transactions.
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✅️ 2024 can be marked as the year of #Bitcoin dominance. The largest crypto asset has significantly outperformed the rest of the market, both during rallies and corrections this year. #Crypto #BTC #Altcoins #BTCOutlook $BTC $ETH
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🤔 Why Does #Bitcoin Have Value? Bitcoin is often referred to as "digital gold," but what makes it valuable? ✅️ Utility, Scarcity, Security, Adoption, Decentralization 💰 BITCOIN DISTRIBUTION: ➣ 57% of Bitcoin is held by individuals ➣ 17.6% of Bitcoin is lost ➣ 6.6% is yet to be mined ➣ 5.2% is in Satoshi Nakamoto's wallet ➣ 3.9% is held in Bitcoin ETFs ➣ 3.6% is owned by companies ➣ 3.4% is with miners ➣ 2.7% is held by governments 🔼 This distribution highlights that a large portion of Bitcoin is owned by individuals (not companies), while a significant amount is lost or yet to be mined! #Crypto #Blockchain #MarketPullback #BTC $BTC
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