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 Enough Liquidations in EthereumEthereum's recent drop below $3,000 has sparked widespread liquidations, reflecting heightened market uncertainty amidst global economic challenges and the fading of the "Trump effect," which initially fueled optimism for crypto markets. While global factors like tariffs and inflationary concerns weigh heavily on investor sentiment, Ethereum's pivotal role as the leading altcoin remains critical to driving recovery in both major and lower-cap cryptocurrencies. The liquidation heatmap suggests a potential reversal, making this a promising opportunity for accumulation, especially as Ethereum’s performance is vital to revitalizing the risk appetite for altcoins and memecoins. Looking ahead, the author believes this may be the start of a broader recovery in the lead-up to 2025. Treasury secretary nominee Scott Bessent will divest from BlacRock's Bitcoin ETF before Donald Trump takes officeThe post discusses the rise of Bitcoin ETFs, which simplify crypto investing by eliminating the need for self-custody and technical complexities, thus attracting significant institutional and retail capital. It highlights Scott Bessent, Donald Trump’s nominee for Secretary of the Treasury, who has an impressive financial background, including a substantial investment in BlackRock's IBIT ETF. Bessent's portfolio, valued at $521 million, must undergo divestment within 90 days of Senate confirmation to avoid conflicts of interest, raising questions about the future of his investments and the implications for crypto markets as Trump assumes office. RWA: Indian Railways to Issue NFT Tickets on Polygon for Rare Festival Indian Railways, in partnership with Chaincode Consulting, is introducing NFT-based train tickets for the 2025 MahaKumbh Mela, a UNESCO-recognized Hindu festival, leveraging the Polygon blockchain for scalability and cost efficiency. Accessible via the NFTtrace platform, these digital tickets aim to enhance the pilgrimage experience for millions while ensuring transparency and authenticity through blockchain verification. This move follows a successful NFT ticketing trial during the 2024 Holi festival and aligns with India's growing integration of blockchain technology to blend tradition with innovation. The initiative reflects the potential of NFTs to revolutionize large-scale cultural and travel events. Bear Market Strategies & Eliminating The Element Of SurpriseThis article emphasizes the importance of preparation and strategic planning for navigating bear markets in cryptocurrency. Drawing from past experience, the author highlights how many investors remain bullish too long during market downturns, leading to poor decisions. A well-thought-out strategy, such as pre-planning exit points, averaging out investments, and adapting behavior based on market conditions, can provide clarity and reduce emotional bias. The author stresses the need for distinct approaches between bull and bear markets, especially with the volatility of altcoins during Bitcoin corrections. Ultimately, preparedness ensures investors are better equipped to act appropriately during market transitions. 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. |
Monday, January 13, 2025
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Binance face à une nouvelle tempête juridique 💣
Bienvenue dans la Daily du mercredi 15 janvier 2025 ☕️ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏...
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L'actualité des BeaBoss chaque jour Pensez à ajouter cette adresse à votre carnet...
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L'actualité des BeaBoss chaque jour Pensez à ajouter cette adresse à votre carnet...
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