First of all, let's think about how much money you actually might need for "financial freedom" which probably means something like, you don't need to worry about all of your bills any more for the foreseeable future and don't have to work any more and can just enjoy life. This isn't about showing off and…
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The advent of Ordinals in the Bitcoin ecosystem brings an interesting twist to digital assets. Unlike NFTs, Ordinals are "Digital Artifacts" that are tightly linked with Bitcoin through a unique aspect – the hunt for rare satoshis. Each Ordinal comes with a specific satoshi, which tracks the ownership history of the digital file, or the…
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submitted by /u/good2youall [link] [comments]
Well folks, it finally happened. I've come into more wealth than I could possibly imagine and it's all because of crypto.com's Daily Missions. For logging in once a day, you receive one Diamond. 25 can then be exchanged for a Mystery Box containing a random amount of CRO – usually around 3, which equates to…
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Is there any simple way we can handle the staking ourself for a relatively bigger amount without taking any risks at all? Please suggest Thanks a lot submitted by /u/No-Head9425 [link] [comments]
If you're in the EU and are affected by the recent restrictions on XMR on the centralized exchanges, you need to know about CakeWallet. It was bound to happen sooner or later, as governments are hardly willing to accept anonymous money being a possibility. You can easily swap XMR in a few minutes to almost…
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CoinKickOff performed an analysis of token data. The methodology involves defining dead coins as those with failed ICOs, less than $1000 volume in three months or fraud/scam. From their data they determined that the average lifespan of a token is 15 months. They also determined from 2022's data that 9/10 projects and tokens will fail.…
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Tron (TRX), the native cryptocurrency of the Tron blockchain, witnessed a substantial increase over the weekend. The token spiked by 10% yesterday, buoyed by recent developments within its ecosystem. However, at the time of writing, it has experienced a slight correction, but all signs show that this could be a bullish signal. Tron Spike Due To Bittorent Bridge Launch The reason behind this latest surge can be attributed to the recent launch of the BitTorrent Bridge platform, which now allows users to seamlessly transfer their TRX tokens between the Tron blockchain and Ethereum. Justin Sun, the founder of Tron, confirmed this development on the morning of June 2. The BitTorrent Bridge serves as a decentralized system that facilitates token interoperability across different blockchain networks. Developed by the Tron organization under the leadership of Justin Sun, this platform strengthens the collaborative efforts between BitTorrent and Tron. A notable instance of their collaboration is the BitTorrent Live streaming service, which was launched in 2019 and operates in conjunction with Tron’s system. Related Reading: Quant Hype Spikes As Price Surges 15% – Is This A Top Signal? The integration between TRON and Ethereum through the BitTorrent Bridge opens up new possibilities for TRX users while enhancing the interoperability between these prominent blockchains. This breakthrough expands Tron’s presence within the Ethereum ecosystem and has the potential to drive greater adoption of TRX among Ethereum users. It is important to note that TRX initially existed as an ERC-20 token on the Ethereum network before being migrated to the TRON main network in mid-2018. Since then, Tron has grown into one of the biggest blockchains and currently processes 40% of USDT transactions. Related Reading: XRP Climbs 12% As Crypto Celebrates 11-Year Milestone Tron Price Analysis Analyzing Tron’s current price performance, the coin is currently trading at $0.0805. Moreover, Tron has the potential to maintain its position above the moving averages. If the resistance level of $0.085 is breached, it could serve as a catalyst for a bullish trend, potentially leading to further price gains. The market sentiment appears optimistic as buyers continue to demonstrate a strong commitment. Based on the daily chart analysis, another upward movement in the market price is possible. Therefore, if Tron surpasses the channel’s upper boundary, it could further reinforce the market and reach resistance levels of $0.095, $0.100, and $0.105, respectively. Conversely, there is a chance of a downward correction, with the support level of $0.082 being a potential target. However, if sellers gain momentum, traders should anticipate a further decline towards support levels of $0.075, $0.070, and $0.065, respectively. Additionally, the Relative Strength Index (14), a technical indicator, is currently situated in the overbought region, indicating the possibility of the bullish trend continuing. Tron’s price against Bitcoin maintains its position above the 9-day and 21-day moving averages, indicating a potential move towards the resistance level of 330 SAT. However, this resistance level is anticipated to be convincingly surpassed, leading to a market price that closes above it. -Featured image from Invezz, chart from TradingView.com
The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors should just sit and wait?
This is only a hypothetical question, as I am looking for crypto-related ways that someone can make a decent amount of money every month. I'm not actually looking for any crypto-related income, I would just like to make some posts about this to put some things in perspective. For example, last month I looked at…
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