#TrendingTopic $BTC $SOL What do you think 🤔 Follow for | Dotedrich5 on Binance Square

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#TrendingTopic $BTC $SOL
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BTC

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-2.17%

SOL

135.83

-7.01%

35

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#MarketDownturn The US market has taken a significant dive, and investors are on edge. Let's break down some of the key factors contributing to this downturn: * Weak jobs report: A less-than-stellar jobs report has ignited recession fears, impacting market sentiment. The US unemployment rate rose to 4.3%, making investors worried about a possible recession. * Recession panic: Growing concerns about an impending recession are driving investors to seek safer havens. Consider it as birth pangs before actual labour. 😩🙄 * Trader sell-off: Increased selling pressure from traders is exacerbating the downward trend. Short-term traders like hedge funds guys are selling off. They are not taking it easy at all. It's more like temple run adventure😅😅 * Earnings season hangover: The conclusion of earnings season, with several big companies reporting disappointing results, has dampened investor enthusiasm. The exam is over, and the reports are out. No more confusion! Big companies like Amazon and Intel had bad reports. follow for more 👍🏻👍🏻

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#BTC #Write2Earn US Bitcoin ETF Approvals – A Game Changer for the Industry? In a widely publicized decision, the S.E.C. authorized 11 funds to begin trading on Jan. 11. With the approval of the first spot bitcoin ETFs in the U.S., investors worldwide are closely monitoring the potential implications on the broader asset class over the short and the medium to long-term. Buy the rumour – sell the fact? Bitcoin led a significant rally in cryptocurrencies over the course of 2023 with a 160% price gain. After a scandal-ridden year of 2022 which saw the demise of 3AC, Celsius, FTX, the ink was not dry on the obituaries as bitcoin staged an impressive comeback. A big driver of the price resurgence was the anticipation of an SEC approval for the first spot bitcoin ETFs in the U.S.. When BlackRock filed for a bitcoin ETF on June 15, 2023, bitcoin jumped by approximately 22% within one week. When it became clear that the S.E.C. would not appeal the ruling of the Court of Appeals on Oct. 23, bitcoin once again surged by 15% within two days. While other factors such as the decrease in U.S. yields in Q4 and a recognition of macro tailwinds contributed to the year-end rally, the main catalyst was indeed the spot ETF. The fixation of the asset class around this binary event was always going to come with some risks. A subsequent lack of narrative would – according to the naysayers - lead to a classic buy-the-rumor-sell-the-fact situation. An entire asset class clinging on to a binary event was the proof that crypto still had a long way to go to become mainstream Follow for more 🤑🤑

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#TrendingTopic #Write2Earn The evolution of Radix Unlike conventional platforms, Radix represents a comprehensive suite for DeFi, offering a robust full-stack solution. This solution is the result of dedicated research and continuous development, crafted to address and solve the most pressing challenges of DeFi and Web3. The challenges Radix aims to overcome include the often-criticized poor user experience that plagues many platforms, alongside concerns regarding security and scalability – issues that have long hindered the broader adoption and growth of DeFi applications. Radix distinguishes itself by being not just a piece of the DeFi puzzle but the entire picture; it simultaneously offers a user-friendly wallet for end-users, a layer-1 network for the broader ecosystem, an intuitive programming language for developers and much more. Follow for more 🤑🤑🤑

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#TrendingTopic $SOL #sol Process to Create Token on Solana Blockchain: Whether you are generating a fungible or non-fungible token, producing a token on Solana is not complicated. If you are working on Solana blockchain software development, creating a wallet and then creating your token may be done in only two easy steps. Creating a Wallet The intended-to-be-produced coin will be kept in the wallet along with NFTs. Make sure the Solana tool set is installed on your PC before establishing your wallet. Open the terminal in your Mac or Linux operating system and begin with the Solana tool. Users of Windows should run the command. Create a new folder on your desktop and then set up a wallet to store your wallet’s data. You will be prompted to create a password, but for now keep it blank. Creation of Token When you type your token name into the Solana explorer, the “creating a token Your Token” option will show up. Create an account in the wallet you just made before you can get a new token. The token you acquire or earn will be accepted in this wallet’s account. Keep following for more 🤑🤑

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$BTC #DYM Introduction: Seize the $DYM Opportunity 🌟 The Dymension $DYM Airdrop is unfolding now, offering a unique chance to be part of a cutting-edge blockchain project. As an independent commentator, this article will guide you through the process of claiming your $DYM tokens, ensuring you make the most of this exciting opportunity. #DYMAirdrop #CryptoOpportunity Understanding the Dymension Project 🚀 Dymension is revolutionizing the blockchain space with its innovative approach. This platform stands out for its integration of RollApps, offering enhanced functionality and scalability in the blockchain ecosystem. The $DYM token is a crucial component of this ecosystem, providing users access to the network’s full potential. #BlockchainInnovation #Dymension Keep following for more🤑🤑$BTC $

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