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If you can't handle stress, you won't be able to handle success.$XRP 

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#BTCReserveStrategy 🔹US Treasury Secretary: We have entered the golden age of cryptocurrencies US Treasury Secretary Scott Bessent announced that the United States has entered a transformative period for blockchain innovation and digital assets. These statements indicate a shift in the US government’s approach from a previous cautious attitude to active support for emerging technologies related to decentralized financial systems. Bessent described this shift as a fundamental shift in US national strategy and emphasized the government’s efforts to keep pace with the growing pace of global development of cryptocurrencies. He also invited cryptocurrency founders to launch their companies in the US. Bessent said in his message on the social network X: “America has entered the golden age of cryptocurrencies. We are exploring new possibilities in decentralized computing and digital payments to unleash the potential of blockchain technology.” The comments come after the passage of the GENIUS Act for stablecoins, the launch of the Crypto Project by the U.S. Securities and Exchange Commission, and the release of a White House report on digital asset markets. The SEC, led by Paul Atkins, has moved away from a regulatory-by-enforcement model and adopted a more participatory, policy-based approach.

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$CFX 🔹Nearly a Quarter of CFOs at Billion-Dollar Companies Plan to Embrace Crypto A new Deloitte survey shows that a growing number of CFOs at billion-dollar companies are preparing to integrate cryptocurrency into their business operations. The report found that nearly a quarter of CFOs expect their organizations to embrace digital assets in the coming years. The survey, conducted in June this year, surveyed 200 CFOs at companies with more than $1 billion in revenue. The results show that 23% of CFOs say their treasury department plans to adopt cryptocurrency for payment or investment purposes within the next two years. Concerns and Challenges Ahead Despite the growing interest in cryptocurrencies, CFOs remain cautious. In the survey, 43% of respondents cited price volatility as their top concern. 42% also expressed concerns about accounting complexities and 40% about the changing regulatory landscape. Stablecoins backed by reserve assets are emerging as a preferred and predictable entry point into the digital finance sector. The survey found that 15% of finance executives said their companies might start using stablecoins for payments within the next 2 years, rising to 24% for the largest companies.

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Don't get tired of doing it, continuous effort will earn you experience. #BinanceHODLerTOWNS

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#CreatorPad The End of Bitcoin's Golden Age of Mining Analysts are warning of the imminent end of Bitcoin’s golden age of mining. Following Bitcoin’s recent sudden drop—coinciding with a stock market crash—the cryptocurrency is once again moving toward higher prices. However, it now appears that mining Bitcoin is no longer profitable, even for some of the industry’s largest players. According to new data released by CoinShares, the cost of electricity and computing power required to mine Bitcoin now exceeds the coin’s intrinsic value. Currently, the estimated cost for large-scale mining companies to mine a single Bitcoin is around $82,000, while Bitcoin's market price hovers around $96,000. Although this technically remains profitable, profit margins have dropped significantly compared to the previous quarter. According to today’s report, in Q3 2024, the cost of performing the necessary computations to mine one Bitcoin was approximately $56,000. This means the cost has increased by about 47% in just a few months. $WCT

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Word of the day. The first goal in trading is survival, profit comes after that. $BTC $ETH $BNB

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