Welcome to The Daily Leo! We pull the best articles in Finance, Crypto news, and Hive/Leo into one condensed information-packed space. Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO Fresh Calls on Ethereum to Flip BitcoinHey Lions, I hope you’re all doing well. Recently, Ethereum has been outperforming Bitcoin, with many thinking this trend will continue. This rise is driven by Ethereum's branding as "programmable money," which positions it as a versatile digital asset. Notably, a Bloomberg poll showed strong support for this term over others like "digital oil" or "world computer," highlighting Ethereum's appeal for supporting decentralized applications and smart contracts. Moreover, Ethereum whales have significantly increased their holdings, signaling confidence in its long-term value. The anticipation around spot Ethereum ETFs, set to launch soon, has further boosted interest. This mirrors the pattern seen before Bitcoin ETFs were approved, suggesting a similar boost in Ethereum’s value. The ETH/BTC ratio is expected to keep rising, indicating strong optimism for Ethereum's future performance. Beware of newly launched celebrity meme coins - DYORThe meme coin frenzy has shifted to celebrity-themed tokens on the Solana blockchain, attracting followers eager for quick riches. A recent example is the $jenner token, named after Caitlyn Jenner, which surged initially but lost over 60% of its value. Controversy surrounds its legitimacy, with claims that it might be linked to scammer Sahil Arora, known for multiple rug pulls. Despite endorsements from celebrities, skepticism remains due to frequent account hacks and misleading messages. Investors are advised to be cautious, thoroughly research, and only invest what they can afford to lose, as the lure of quick profits often entails significant risks. Zero Capital Skills: Work and Wealth Creation in the New Age This author shares thoughts about the evolution of work and the creation of wealth in the digital age. In the "Fourth Industrial Revolution," Zero Capital Skills are vital, allowing individuals to leverage self-education and online resources to generate income. These include freelancing, content creation, online education, affiliate marketing, and remote work. Platforms like Upwork, YouTube, Udemy, and Etsy enable people to build wealth without substantial upfront costs, leading to financial independence and a more inclusive economy. Easy Money And Managing Global CurrenciesWe're in a new era of easy money, driven by technological advancements. Digital platforms, social media, and fintech apps have made it easier to earn and manage money, transforming financial access compared to previous generations. Cryptocurrencies, while not replacing traditional fiat, offer a new financial layer that complements the old system. Despite challenges in managing various digital currencies, the growth of exchanges and conversion services promises improved integration into the mainstream financial ecosystem. Finally, the updates on the side of InLEO's new cross-chain product called LeoDEX have been going on. LeoDEX has been working on Metamask integration for a few days already and will soon be shipping. Swap $BTC:$67,580.00 to dozens of native coins without them ever leaving your wallet. Spot Leodex in the THORChain ecosystem applications. Soon, LeoDex will be the center of cross - chain transactions with a couple of clicks and very low cross - chain fees. Explore the introduction to LeoDex by a lion 🦁 InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards. Subscribe to The Daily Leo and start being up to date with the crypto & finance world!The Daily LEO is free today. But if you enjoyed this post, you can tell The Daily LEO that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
Friday, May 31, 2024
Fresh Calls on Ethereum to Flip Bitcoin
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