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#BTCOvertakesAmazon Great question! Here’s a simple breakdown: Can Bitcoin (BTC) overtake Amazon? What is Bitcoin? Bitcoin is a decentralized digital currency—kind of like digital gold. It’s mainly used as a store of value and for peer-to-peer transactions without banks. What is Amazon? Amazon is a massive global company that sells millions of products, provides cloud services (AWS), streaming, and more. It’s a huge business with real-world assets and constant revenue. Can Bitcoin overtake Amazon? In terms of market value, Bitcoin’s total market cap sometimes rivals big companies, but Amazon is one of the world’s largest companies by revenue and assets. Bitcoin doesn’t sell products or services; it’s more of a financial asset. Different Categories: Bitcoin is a currency/asset; Amazon is a business. So “overtaking” depends on what you mean: If you mean market cap or investment value, Bitcoin can compete but is very volatile. If you mean revenue or business size, Amazon is far bigger and more diversified. Bottom line: Bitcoin and Amazon serve very different purposes. Bitcoin could keep growing as a digital asset and store of value, but it’s unlikely to “overtake” Amazon in business operations or revenue. Would you like me to explain more about their differences or future prospects?
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#bitcoin #Bitlayer Bitlayer is a Bitcoin-native Layer-2 network that enables smart contracts and scalable applications secured by Bitcoin. It utilizes BitVM, an innovative technology that allows for Turing-complete smart contracts on Bitcoin without compromising its core security. *Key Features:* - *Bitcoin-Level Security*: Bitlayer uses fraud-proof rollups to ensure trustless verification, maintaining Bitcoin's security standards. - *Scalability*: Bitlayer processes transactions off-chain, increasing throughput and reducing costs while preserving decentralization. - *EVM Compatibility*: Bitlayer supports Ethereum Virtual Machine (EVM) compatibility, enabling developers to seamlessly migrate applications from Ethereum. - *Cross-Chain Asset Bridging*: Bitlayer facilitates secure asset transfers between Bitcoin and other blockchains like Base and Arbitrum. *How it Works:* 1. *Transaction Initiation and Sequencing*: Transactions are initiated through smart contracts and received by the sequencer, which orders and prepares them for processing. 2. *Transaction Processing and Verification*: Bitlayer combines the Sequencer, LVM, and zero-knowledge-based optimistic mechanism to handle transactions efficiently while maintaining compliance with network rules. *Use Cases:* - *Decentralized Finance (DeFi)*: Bitlayer enables developers to build complex DeFi applications on Bitcoin. - *Gaming Platforms*: Bitlayer's scalability and security features make it suitable for gaming platforms. - *Cross-Chain Transactions*: Bitlayer facilitates secure asset transfers between Bitcoin and other blockchains ¹ ² ³. *Token Information:* - *Token Name*: Bitlayer Token (BTR) - *Token Functions*: Ecosystem incentives, governance, and cross-chain interoperability. - *Token Supply*: 1 billion BTR. - *Listing*: BTR is listed on CoinList with a trading pair of BTR/USDT ² ⁴.
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#BTCReclaims120K Bitcoin's recent price surge has led analysts to predict it could hit $120,000 soon. Here's what's driving the price ¹ ²: - *Institutional Demand*: Growing interest from institutional investors, with companies accumulating Bitcoin through ETF vehicles. - *Macroeconomic Factors*: Potential Federal Reserve rate cuts and global liquidity expansion. - *Technical Breakout*: Bitcoin's price breaking out above key resistance levels, such as $110,500 and $117,335. *Key Price Levels:* - *Support Levels*: $120,000, $116,000, and $110,000. - *Resistance Levels*: $122,055 and $130,000. *Market Sentiment:* - *Bullish*: Analysts predict Bitcoin could reach $120,000 to $130,000, driven by strong technicals and growing institutional interest. - *Caution*: Elevated leverage ratio and record open interest on Binance may lead to increased volatility ³. *Current Price:* Bitcoin is trading at $122,300.85, with a 3.58% increase in the last 24 hours ⁴.
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#btchit125k Bitcoin's recent price surge has led analysts to predict it could hit $125,000 soon. According to Marcus Corvinus, a popular trader, Bitcoin is forming a triangle pattern and staying above strong support around $116,000 to $117,000. A breakout would take BTC/USDT to $125,000 next. However, if it breaks below support, the price may fall to $111,000 or lower ¹. Some key factors driving Bitcoin's price include ² ³: - *Institutional Demand*: Growing interest from institutional investors, with companies accumulating Bitcoin through ETF vehicles - *Macroeconomic Factors*: Potential Federal Reserve rate cuts and global liquidity expansion - *Technical Breakout*: Bitcoin's price breaking out above key resistance levels Other analysts' predictions for Bitcoin's price include ²: - *Bitfinex Analysts*: $120,000–$125,000 range by June 2025, with potential for $115,000 or higher by early July - *Tom Lee*: 40% up from current levels by the end of 2025, at least $150,000 - *Standard Chartered*: $180,000 to $250,000 during the current cycle Bitcoin's current price is around $122,200, with a 3.79% increase in the last 24 hours. Its market capitalization is approximately $2.33 trillion ⁴.
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#USFedNewChair The US Federal Reserve's new chair would significantly impact monetary policy and the economy. Here are some potential implications [1]: - *Monetary Policy Shifts*: A new chair could lead to changes in interest rates, affecting borrowing costs and economic growth. - *Economic Stability*: The chair's approach to inflation, employment, and financial stability would influence the overall economic environment. - *Market Expectations*: Investors and markets would closely watch the new chair's decisions, potentially leading to market fluctuations. Some potential candidates for the role include: - *Current Chair*: Jerome Powell's term as Chair ends in May 2026, and he could be considered for reappointment. - *Other Potential Candidates*: Other candidates might include experienced economists and policymakers with differing views on monetary policy. The appointment process involves the President selecting a candidate and the Senate confirming the choice. The new chair's priorities and policies would likely reflect the administration's economic goals [3]. What are your thoughts on the potential impact of a new Fed chair on the economy?
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