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#EOSProject Understand the EOS Blockchain Basics Learn about the EOS software and its features, such as: High performance (faster transactions per second compared to Ethereum).Fee-free transactions.Support for smart contracts.Delegated Proof of Stake (DPoS) consensus mechanism. Familiarize yourself with key components: EOS TokensSmart ContractsDecentralized Apps (DApps)
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How to Succeed in Crypto? Educate yourself: Understand the technology, market cycles, and trends. Diversify: Spread your investments across different assets. Use risk management: Only invest what you can afford to lose. Stay disciplined: Avoid emotional decisions and stick to a strategy. Secure your assets: Use hardware wallets and enable two-factor authentication. $BTC
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BITCOIN BULL RUN
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#BinanceNewYear 2025 Savings Goal: Save $10,00 by year-end. Strategy: Save $83.4/month automatically. Reduce non-essential spending by 20%. Increase income via side gigs. Track progress monthly.
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#ETHETFS Spot Ethereum ETF approval possible tomorrow keeping BlackRock 10 year approval streak alive. The SEC could approve a spot Ethereum ETF as early as this week, marking a significant shift in regulatory stance. Bloomberg analysts Eric Balchunas and James Seyffart have increased their odds of approval to 75%, up from 25%, citing recent chatter and the SEC’s request for revised 19b-4 filings by 10 am Tuesday. This rapid development has led to a scramble among applicants, including major players like BlackRock, Grayscale, and Fidelity. BlackRock, the world’s largest asset manager, has a strong track record with the SEC, having only one ETF application denied in 2014. That ETF, the BlackRock Total Return ETF, was initially rejected due to concerns over transparency and alignment with its net asset value (NAV). However, an updated version of this ETF, addressing the SEC’s concerns, went live in December 2023, just a month before the approval of Bitcoin ETFs. This history emphasizes BlackRock’s ability to navigate regulatory challenges successfully. The SEC’s decision on Ethereum ETFs has been eagerly anticipated, with deadlines for various applications approaching. Data from Bloomberg Terminal shared by James Seyffart lists the ETFs awaiting approval, including those from VanEck, ARK 21Shares, Hashdex, Grayscale, Invesco Galaxy, Fidelity, Franklin, and Bitwise. These applications have faced multiple delays, but the recent push for revised filings suggests a potential breakthrough. Grayscale and BlackRock have been proactive in updating their applications. Grayscale filed an S-3 registration statement to convert its existing Ethereum Trust to a spot ETF and an S-1 for a mini Ethereum ETF. BlackRock’s Nasdaq amendment to its 19b-4 filing proposes cash-based creation and redemptions, aligning with other Ethereum ETF applications and previously approved Bitcoin ETFs.
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