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Binance's "Write-to-Earn" program enables users to earn rewards by creating and sharing content related to cryptocurrency and Binance's services. Participants can write articles, guides, or analyses on topics such as market trends, trading strategies, or tutorials on using Binance features. High-quality, engaging, and informative content is encouraged to maximize earnings. Rewards are based on factors like content quality, user engagement (likes, comments, shares), and the value it brings to the Binance community. This initiative not only allows creators to monetize their expertise but also enriches the community with valuable insights and information.
Bitcoin (BTC) dipped as low as $59,500 on Binance ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve (Fed), with expectations set for unchanged interest rates.
The CME FedWatch Tool indicates a mere 4.4% of economists predict a rate cut—the first in over a decade—while a dominant 95.6% anticipate rates to hold steady between 525-550 basis points.
According to The Kobeissi Letter, current market data indicates a 36% probability that there will be no interest rate cuts this year. Four months ago, the likelihood of maintaining current rates was only about 3%.
Expectations have also shifted to just one reduction this year. Previously, the market anticipated six rate cuts. Additionally, the probability of experiencing two or more rate cuts has diminished to 31%.
🔺 Stagflation risk
Amidst this financial climate, the US grapples with stagflation risks as inflation persists and economic growth slows.
The first quarter of 2024 saw GDP growth decelerate to 1.6%, falling short of the 2.2% forecast and down from the previous quarter’s 3.4%. Concurrently, the US Core PCE inflation index climbed from 2.0% to 3.7%.
Fed Chair Jerome Powell stated that recent data does not make the Fed more confident, suggesting a longer timeline to regain economic stability. He expressed belief in the adequacy of current policies to navigate the risks at hand, hinting at sustained high-interest rates without increases.
Bitcoin’s trajectory mirrored these economic uncertainties, dropping below $62,000 earlier in the week due to renewed stagflation worries.
A brief rally above $64,000 occurred with the launch of spot Bitcoin and Ethereum ETFs in Hong Kong yesterday, but the momentum was short-lived as investor caution set in ahead of the Fed’s key decision.
Ethereum Developers Launch New Testnet for Pectra Upgrade Evaluation
According to CoinDesk, Ethereum's core developers have decided to introduce a new testnet named Hooli to finalize the testing of the upcoming Pectra upgrade. This decision follows two problematic tests on the Sepolia and Holesky networks. Tim Beiko, who coordinates the core developers at the Ethereum Foundation, announced that Hooli will go live on Monday, with Pectra being tested on Wednesday, March 26. The test will involve upgrading the test chain to the new version of Ethereum to assess its performance and stability.
Pectra aims to enhance Ethereum by making it faster, more efficient, and user-friendly for both users and developers. A notable feature of this upgrade is the addition of "smart contract" functionality to addresses, enabling user wallets to be programmed with new capabilities, such as paying transaction fees in currencies other than ETH. If the Hooli test is successful, developers plan to launch the upgrade approximately 30 days later, pending further testing. This timeline suggests that Ethereum users could see Pectra implemented on the main network by late April or early May.
The creation of the Hooli testnet was necessitated by configuration errors during previous tests on Sepolia and Holesky, which hindered proper evaluation of the Pectra upgrade. Holesky, in particular, experienced significant downtime due to these issues. Test networks like Holesky, Sepolia, and Hooli are designed to mimic the main Ethereum network but are generally free to use and not intended for real value transactions. Major upgrades such as Pectra are typically trialed on these test networks before being deployed on the mainnet to avoid costly disruptions.
Beiko noted that Sepolia and Holesky, which are now running Pectra successfully, serve distinct testing purposes. He advised developers to use Hooli for testing validator exits, while other aspects can be tested on Sepolia and Holesky. The technical challenges faced by Pectra arise during a difficult period for Ethereum, which is dealing with declining ETH prices, leadership changes at the Ethereum Foundation, and increasing competition from newer blockchains like Solana. Industry experts believe that the successful implementation of Pectra is vital for restoring confidence in Ethereum's technical roadmap.
Could Pi Network Turn You Into a Millionaire by 2025? The Truth Is Just Around the Corner!
For years, Pi Network has been shrouded in mystery seen by some as a groundbreaking revolution and by others as just another ambitious crypto project. But as the platform inches closer to its full main net launch, one burning question dominates the conversation:
Will Pi Network spark a new wave of crypto millionaires in 2025?
Since 2019, millions of users have been mining Pi, creating a vast potential supply. However, the real question remains: Will Pi achieve real-world value? Will it be listed on major exchanges? And will it gain widespread adoption?
If Pi Network manages to secure listings on prominent exchanges, establish real-world utility, and drive mass adoption, early miners could find themselves sitting on life-changing wealth. Picture this: holding thousands of Pi coins that suddenly double, triple, or even skyrocket in value!
But there’s another side to the story. Without proper execution, Pi could remain nothing more than a speculative dream, fading into the crowded crypto landscape.
So, what’s in store for 2025? Will Pi Network explode and turn early adopters into millionaires, or will it vanish into obscurity? The stage is set, and the countdown is on.
Are you holding Pi? What’s your prediction for 2025? #pi
Congratulations to $GPS for breaking multiple records upon launch!
First: It took only three days for #GPS to go from being listed on Binance to entering the observation zone! 【Fastest in history】 Second: The market maker sold 70 million GPS tokens upon launch without purchasing a single GPS token! A total of 5 million dollars sold! 【0 purchase record】 Third: The spot price on Binance dropped over 70% in three days 【Largest short-term drop】 Fourth: The shameless behavior of the market maker has even made Binance unable to stand by! The market value account has been frozen! 【Extremely shameless】
From the recent change of community airdrop allocation before the launch of $RED , to the continuous sell-off of $GPS leading to entering the observation zone, it is evident that current project teams are eager to cash out, with increasingly low moral standards! They aren't even pretending anymore! They are just here to cash out on Binance!
In fact, there are many such projects, like #BIO and #Anime , which have basically not increased since their launch! They have dropped 80-95%. If Binance does not intervene, there will only be more of these types of projects in the future!
Of course, it can also be seen that Binance is beginning to realize the current major issues and is trying to protect users!
Congratulations to $GPS for breaking multiple records upon launch!
First: It took only three days for #GPS to go from being listed on Binance to entering the observation zone! 【Fastest in history】 Second: The market maker sold 70 million GPS tokens upon launch without purchasing a single GPS token! A total of 5 million dollars sold! 【0 purchase record】 Third: The spot price on Binance dropped over 70% in three days 【Largest short-term drop】 Fourth: The shameless behavior of the market maker has even made Binance unable to stand by! The market value account has been frozen! 【Extremely shameless】
From the recent change of community airdrop allocation before the launch of $RED , to the continuous sell-off of $GPS leading to entering the observation zone, it is evident that current project teams are eager to cash out, with increasingly low moral standards! They aren't even pretending anymore! They are just here to cash out on Binance!
In fact, there are many such projects, like #BIO and #Anime , which have basically not increased since their launch! They have dropped 80-95%. If Binance does not intervene, there will only be more of these types of projects in the future!
Of course, it can also be seen that Binance is beginning to realize the current major issues and is trying to protect users!
Doublezero Tech: Technology for Productivity and Speed
- Doublezero Tech is a name that is starting to be heard in the tech world, bringing smart solutions to two big needs: daily productivity and blockchain speed. What is Doublezero? Let's take a quick look.
• Doublezero Two Sides 1. Easy Automation (doublezero.tech) Doublezero is designed for people who want to work more efficiently without the hassle of learning to code. For example, you can automate tasks like scheduling or data analysis with just a few clicks. It's like having a handy AI assistant for your daily work.
2. Fast Network for Blockchain (doublezero.xyz) On the other hand, Doublezero also focuses on blockchain, especially Solana. They built a special fiber optic network to reduce lag and increase transaction speed. It is very suitable for games, AI, or finance that require a stable connection.
• Why Interesting? 1. For individuals: save time with simple automation.
2. Make technology: faster and more reliable internet for modern applications.
• What's on Offer? 1. User-friendly interface for automation without coding.
2. A high-speed network that can process millions of transactions per second.
- Challenges and Hopes While promising, Doublezero still has to compete with big names and overcome cost challenges. But with $28 million in funding and a planned mainnet launch in 2025, its future looks bright. The main thing is
- Doublezero Tech proves that technology can help us work smarter and faster, whether for daily tasks or big innovations like blockchain. Stay tuned!