Axelo Nguyen
@axelo
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On September 18, 2024, the crypto market witnessed some notable developments. Bitcoin (BTC) surged past the $60,000 mark, showing resilience despite recent market fluctuations. Altcoins like Solana, Dogecoin, and Shiba Inu also experienced modest gains, reflecting growing optimism in the market.
However, the market is also closely watching for the Federal Reserve's potential interest rate decision, which is expected to affect liquidity and risk-taking behavior. A rate cut by the Fed could fuel further upward momentum for cryptocurrencies, but broader economic concerns could temper this effect.
Additionally, geopolitical tensions, particularly in the U.S., and regulatory scrutiny of major crypto exchanges continue to influence market sentiment. Investors are advised to stay cautious amidst this backdrop of potential volatility 0 reply
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🌟The perspective and advantages of Web3 in the global economy🌟🌟
✔✔Web3 is currently opening up many new opportunities and challenges, and its potential for the future is immense. With continued development and improvement, Web3 could reshape how we interact with the internet, creating a more transparent, fair, and secure digital platform for everyone.
1. Blockchain and Smart Contracts:
The foundational technologies of Web3, like blockchain and smart contracts, have significantly advanced. They are widely used in sectors like finance, digital art (NFTs), and supply chains, enhancing transparency and reducing transaction costs.
2. NFTs and the Digital Economy:
Web3 has sparked a boom in the NFTs sector, bringing new value to digital art and virtual assets. Web3 platforms are expanding to create new business models and digital economies, where users can easily create, trade, and own digital assets. 1 reply
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