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Crypto Nova-1
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All I see today is $
ETH
holding $2500 like a boss š
#ETHĀ
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Crypto Nova-1
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While it would have been more fun and great to just have kept going. It kinda makes sense why we're making a pullback here after the move we've made. The alts that moved well in this latest rally are likely to be making their higher lows here.
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If you have plenty of capital or you make good returns in this space it makes sense to accumulate Bitcoin. But if you have like $1000 to invest and even if Bitcoin goes absolutely bananas from here and hits 210,000 dollars? You'll end up making another $1000. That's not particularly bad or anything but those are numbers most people's job can cover in less than a month. Compounding profits into BTC however is a different matter. Making good returns and converting it to Bitcoin is long term probably better than holding fiat (stables). Would still occasionally withdraw some to the bank though.
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Pretty sure most of investors have Bitcoin sitting idle in their wallet for years. And honestly? It's kinda wasted potential. Protocols like @MezoNetwork however let you use your BTC without selling it. You can mint a BTC-backed stablecoin (MUSD) and even earn passive yield. With MUSD, you can unlock mainstream use cases, borrow against Bitcoin without kyc and enjoy a fixed 1-5% interest rate, all while keeping your BTC safe and decentralized. Feels like a DAI moment⦠but for Bitcoin.
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What others see: Market dumping! š± What I see: Market cooling off a bit after altcoins added more than $100b in a matter of days š
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Participation rewards? Pretty sure most of you remember about $CSPR. Latest news reveals that Casper 2.0 just went live. TLDR: - Finality is now instant (no rollbacks) - Contracts can be upgraded like real software. It's called "Zug" consensus and it changes what's possible in Web3 for asset ownership, regulation, and devs. More importantly however, they have a Zealy campaign running ($5000 prize pool). Good for those interested (you have untill May 22) š
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