Abdullah 243
Open Trade
Frequent Trader
1.4 Years
Binance is a popular online platform that allows users to trade cryptocurrencies, such as Bitcoin, Ethereum, and many others. Here's a brief overview:
9 Following
7 Followers
13 Liked
4 Shared
My Assets Distribution
SIGN
AVA
Others
69.34%
29.72%
0.94%
#USConsumerConfidence US consumer confidence took a hit in December, with the Consumer Confidence Index declining by 8.1 points to 104.7 ¹. This decrease was largely driven by concerns about the future, with the Expectations Index tumbling 12.6 points to 81.1. This is just above the threshold of 80, which usually signals a recession ahead.
The Present Situation Index, which assesses current business and labor market conditions, fell 1.2 points to 140.2. While consumers' views of the current labor market improved, their assessment of business conditions weakened ¹.
Breaking it down further, we can see that:
- *Consumers' Outlook*: Consumers became less optimistic about future business conditions and incomes. Pessimism about future employment prospects also returned ¹.
- *Inflation Expectations*: Average 12-month inflation expectations stabilized at 5.0% in December, the lowest since March 2020 ¹.
- *Spending Plans*: Consumers plan to spend more on services, like dining out and streaming, but are less enthusiastic about buying big-ticket items or traveling ¹.
These insights are based on the Consumer Confidence Survey conducted by The Conference Board, a non-profit business membership and research association ¹.
The Present Situation Index, which assesses current business and labor market conditions, fell 1.2 points to 140.2. While consumers' views of the current labor market improved, their assessment of business conditions weakened ¹.
Breaking it down further, we can see that:
- *Consumers' Outlook*: Consumers became less optimistic about future business conditions and incomes. Pessimism about future employment prospects also returned ¹.
- *Inflation Expectations*: Average 12-month inflation expectations stabilized at 5.0% in December, the lowest since March 2020 ¹.
- *Spending Plans*: Consumers plan to spend more on services, like dining out and streaming, but are less enthusiastic about buying big-ticket items or traveling ¹.
These insights are based on the Consumer Confidence Survey conducted by The Conference Board, a non-profit business membership and research association ¹.
#USConsumerConfidence US consumer confidence took a hit in December, with the Consumer Confidence Index declining by 8.1 points to 104.7 ¹. This decrease was largely driven by concerns about the future, with the Expectations Index tumbling 12.6 points to 81.1. This is just above the threshold of 80, which usually signals a recession ahead.
The Present Situation Index, which assesses current business and labor market conditions, fell 1.2 points to 140.2. While consumers' views of the current labor market improved, their assessment of business conditions weakened ¹.
Breaking it down further, we can see that:
- *Consumers' Outlook*: Consumers became less optimistic about future business conditions and incomes. Pessimism about future employment prospects also returned ¹.
- *Inflation Expectations*: Average 12-month inflation expectations stabilized at 5.0% in December, the lowest since March 2020 ¹.
- *Spending Plans*: Consumers plan to spend more on services, like dining out and streaming, but are less enthusiastic about buying big-ticket items or traveling ¹.
These insights are based on the Consumer Confidence Survey conducted by The Conference Board, a non-profit business membership and research association ¹.$SOL $BNB $BTC
The Present Situation Index, which assesses current business and labor market conditions, fell 1.2 points to 140.2. While consumers' views of the current labor market improved, their assessment of business conditions weakened ¹.
Breaking it down further, we can see that:
- *Consumers' Outlook*: Consumers became less optimistic about future business conditions and incomes. Pessimism about future employment prospects also returned ¹.
- *Inflation Expectations*: Average 12-month inflation expectations stabilized at 5.0% in December, the lowest since March 2020 ¹.
- *Spending Plans*: Consumers plan to spend more on services, like dining out and streaming, but are less enthusiastic about buying big-ticket items or traveling ¹.
These insights are based on the Consumer Confidence Survey conducted by The Conference Board, a non-profit business membership and research association ¹.$SOL $BNB $BTC
WLDUSDT
Short
Closed
PNL
+0.85
BULLISH
74%
Birrish
26%
188 votes • Voting closed
$ETH $SOL $ETH
#ETH🔥🔥🔥🔥🔥🔥 Ethereum (ETH) is the second-largest cryptocurrency by market capitalization and is a decentralized blockchain platform. Unlike Bitcoin, Ethereum is designed to support smart contracts and decentralized applications (dApps), which operate without any central authority.
Key Features of Ethereum:
Smart Contracts: Self-executing contracts with predefined rules directly written into code.
Decentralized Applications (dApps): Applications built on Ethereum that run on a peer-to-peer network.
Ether (ETH): The native cryptocurrency used to pay transaction fees and computational services on the Ethereum network.
Proof-of-Stake (PoS): Ethereum transitioned from Proof-of-Work (PoW) to PoS through "The Merge" in September 2022, making it more energy-efficient.
Use Cases:
DeFi (Decentralized Finance): Ethereum is the foundation for DeFi protocols that enable lending, borrowing, and trading without intermediaries.
NFTs: Non-fungible tokens, often used for digital art, are primarily minted on Ethereum.
Tokenization: Creation of tokens that represent assets like real estate, commodities, or intellectual property.
Current Developments:
Ethereum continues to work on scalability solutions like sharding to improve transaction speeds and reduce costs.
Layer 2 solutions (e.g., Arbitrum, Optimism) are gaining traction to offload transactions from the main chain.
Would you like details on its market trends or technical upgrades?
#ETH🔥🔥🔥🔥🔥🔥 Ethereum (ETH) is the second-largest cryptocurrency by market capitalization and is a decentralized blockchain platform. Unlike Bitcoin, Ethereum is designed to support smart contracts and decentralized applications (dApps), which operate without any central authority.
Key Features of Ethereum:
Smart Contracts: Self-executing contracts with predefined rules directly written into code.
Decentralized Applications (dApps): Applications built on Ethereum that run on a peer-to-peer network.
Ether (ETH): The native cryptocurrency used to pay transaction fees and computational services on the Ethereum network.
Proof-of-Stake (PoS): Ethereum transitioned from Proof-of-Work (PoW) to PoS through "The Merge" in September 2022, making it more energy-efficient.
Use Cases:
DeFi (Decentralized Finance): Ethereum is the foundation for DeFi protocols that enable lending, borrowing, and trading without intermediaries.
NFTs: Non-fungible tokens, often used for digital art, are primarily minted on Ethereum.
Tokenization: Creation of tokens that represent assets like real estate, commodities, or intellectual property.
Current Developments:
Ethereum continues to work on scalability solutions like sharding to improve transaction speeds and reduce costs.
Layer 2 solutions (e.g., Arbitrum, Optimism) are gaining traction to offload transactions from the main chain.
Would you like details on its market trends or technical upgrades?
#ETHProspects Recent articles on Binance's platform discuss Ethereum's (ETH) prospects. One article highlights the founders' early recognition of blockchain technology's potential beyond cryptocurrency. Another notes a recent 20.7% decrease in ETH's price over the past week.
Login to explore more contents