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 Bitcoin & The Crypto Market – The Next ChapterBitcoin's rise to $93K signals the start of altcoin season, with coins like Dogecoin already surging. While bullish, the market may face corrections of 30-50% as part of a typical cycle, with altcoins seeing steeper drops. Investors should prepare for volatility, but the outlook remains strong, with potential new highs in early 2025. Holding HIVE vs Secondary TokensOn HIVE, users can earn various secondary tokens, but the recent rise in HIVE's price highlights the liquidity issues of these tokens. Despite showing increased dollar value in wallets, most secondary tokens lack the liquidity needed to realize their displayed worth, making cashing out challenging. Past experiences show that large holdings in secondary tokens can be misleading, as their real sellable value is often much lower. The author advises focusing on building HIVE itself, as many secondary tokens are primarily useful for supporting community interactions rather than providing substantial monetary value. Is A Bitcoin (Crypto) Crash Coming? Bitcoin's surge past $90,000 shows signs of stalling, with potential for either a sell-off or further rally, as institutional investors remain largely absent. Past trends highlight how speculation drives prices before news-triggered corrections. Trump’s election has fueled hopes for pro-crypto regulations, but they seem distant, with 2025 being pivotal for adoption and policy clarity. Meanwhile, concerns over Federal Reserve rate cuts and inflation add uncertainty. Tether Launches ‘Hadron’ Real-World Asset Tokenization PlatformTether has introduced "Hadron," a platform to simplify real-world asset (RWA) tokenization for institutions and governments, supporting assets like stablecoins, stocks, and commodities. With strong security and compliance measures, Hadron enables accessible, innovative financial tools and aims to expand RWA tokenization, expected to reach $10.9 trillion by 2030. 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. 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, November 15, 2024
Bitcoin & The Crypto Market – The Next Chapter
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