Many individuals within the cryptocurrency community prefer liquid staking platforms like Lido over centralized ones. Lidos approach has been to involve a number of node operators to prevent any single group from having excessive control over staked ETH, which helps address concerns about centralization. However the risk of centralization still remains. If a dominant group of liquidity providers or node operators were to emerge it could create a vulnerability. Even establish a monopoly that goes against the broader interests of the Ethereum community. Following the Merge and Shanghai updates Ethereum, the worlds most prominent cryptocurrency has experienced an increase in centralization. JPMorgan has expressed concerns about declining staking returns. Another important aspect mentioned in their report is rehypothecation. This
Read more on Decentralization Concerns and Market Dynamics: A Deep Dive into Ethereum’s Ecosystem and Price Trends
James Seyffart, an ETF Research Analyst at Bloomberg Intelligence, revealed that ProShares is launching a new short Ethereum Futures ETF. Set to begin trading on Oct. 16th with the ticker $SETH, this announcement was made on Oct. 13. This specific ETF’s approval hasn’t been hastened by the SEC unlike other long and traditional Ethereum futures ETFs. It’s worth mentioning that this isn’t an unexpected move, as the ETF was among those submitted in August. When a community member inquired about the likelihood of an Ethereum ETF’s approval by the first quarter of 2024, Seyffart estimated the second quarter of 2024 instead. Furthermore, on Aug. 4, ProShares joined a wave of Ethereum ETF applications, becoming the 11th firm to do so in that week. This wave began after Volatility Shares filed for its Volatility Shares Ether Strategy
Read more on ProShares Announces New Short Ethereum Futures ETF
According to Bloomberg, the media firm plans to release an eye-opening documentary on Sam Bankman-Fried and the shocking downfall of his once-prominent exchange FTX. The film, “Ruin: Money, Ego and Deception at FTX,” is slated for an October 26 debu
#Blockchain #Crypto
Manifesting Money
Remember that money is a tool. It can be used to build many feelings such as confidence, gratitude, and joy. But it's not the source of these things. You are.
Money is like a toothbrush. You use the toothbrush to brush your teeth so they can be healthy which results in what you're actually looking for, a confidence boost.
Notice how both money and a toothbrush are used to get a result but they aren't the focus nor the end goal.
When manifesting money, focus on why you have it. It'll be easier to feel abundant this way.
Personally, I use my riches to invest in my lifestyle, the people and things that I love, and my career. Thinking about the impact my wealth has on my life provides me with a much fuller experience of abundance than simply thinking about a number in my bank account does.
[Notice how I speak of my wealth in the present tense.]
Create beautiful things,
A
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Framed Disassembled Nintendo Handhelds made by FUNBOXDesign
The beloved board game, Monopoly, is getting a digital twist. The World of Women (WoW) NFT project is collaborating with WS Game Company, backed by a license from Hasbro, to launch the Monopoly: WoW Galaxy Edition. Set to be released on October 17,
#Blockchain #Crypto
Start a blog or website: Create high-quality content that appeals to your target audience, and monetize it through advertising, affiliate marketing, and sponsored posts.
Offer freelancing services: Utilize your skills, such as writing, design, programming, or social media management, to offer services on platforms like Upwork or Fiverr.
Sell products or services on an e-commerce platform: Set up an online store to sell physical or digital products, or offer services such as consulting, coaching, or photography.
Invest in stocks or cryptocurrencies: Invest in the stock market or cryptocurrencies, with the understanding that this carries risk and it's important to do proper research and seek professional advice.
Participate in online surveys or sign up for paid focus groups: Sign up for websites that pay for your opinions, such as Survey Junkie, or join paid focus groups to provide feedback on products and services. CLICK HERE
Mel Lindstrom, from American Photography Showcase 12 (1989)
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