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Sushant Poudel
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I think
$BTC
will stay at 100k for a while
wont it?
Yes
63%
No
37%
819 votes • Voting closed
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Sushant Poudel
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$ETH Ethereum’s bullish performance today could stem from various factors, including broader market sentiment, network upgrades, or increased activity in decentralized finance (DeFi) and non-fungible token (NFT) spaces. Key drivers might include: 1. Improved Macro Sentiment: Positive developments in global markets or easing regulatory concerns could be boosting investor confidence. 2. Network Developments: Anticipation of Ethereum upgrades, such as scalability improvements or staking incentives, might be attracting more interest. 3. Rising On-Chain Activity: Increased activity in DeFi, NFTs, or gaming dApps on Ethereum can drive demand for ETH. 4. Institutional Interest: Growing institutional adoption or high-profile endorsements could also fuel bullish momentum. Keeping an eye on market trends, on-chain data, and upcoming announcements can help assess how long the rally may sustain.
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#DeepSeekImpact DeepSeek’s disruption of global computing power could significantly impact the cryptocurrency market and the AI sector: # Impact on Cryptocurrency 1. Mining Profitability: Rising computing costs due to resource constraints could make crypto mining less profitable, pushing smaller miners out and increasing market centralization. 2. Hardware Competition: Increased demand for AI chips may make GPUs and ASICs costlier, limiting access for miners and reducing activity. 3. Market Volatility: Investor caution could fuel volatility, particularly in hardware-reliant cryptocurrencies. 4. Shift to Eco-Friendly Coins: Resource scarcity may drive adoption of energy-efficient proof-of-stake (PoS) cryptos. # AI Sector Impacts 1. Innovation Bottlenecks: Smaller AI firms may struggle to access computing power, stalling progress and widening industry inequality. 2. Chip Development Surge: Growing demand for specialized AI chips could drive innovation in hardware like neuromorphic processors. 3. Investor Reassessment: Profitability concerns could shift investment toward sustainable, diversified tech solutions. 4. Regulatory Pressure: Governments may impose regulations to ensure fair access to computing resources. # Broader Effects These challenges could drive collaboration between industries, push adoption of emerging technologies like edge computing, and realign priorities toward equitable, sustainable resource use, reshaping both sectors fundamentally.
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Although it was enjoyable, I did not receive any rewards. #NewToCrypto
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