🚨Why is this a problem for the new president?
The fact that the new president is also a governor doesn't give him more voting power. Within the Board of Governors, each member has only one vote, including the president.
#fed#trump
The deadlock: By staying on, Powell occupies a seat that Trump would have preferred to give to another ally. As long as Powell doesn't resign (or is not legally removed), the current administration cannot appoint a new member to bolster its majority.
#trumo
Influence, not control: Kevin Warsh will have to contend with the presence of his predecessor, Jerome Powell, at every monetary policy meeting.
#trump#fed#jerome
🛑 #PinNetwork is making steady progress with protocol updates to establish the true foundations of a decentralized #blockchain. This will allow for optimization of its capabilities and a transition to open source for greater transparency.
#bitcoin#eth#bnb#coin
🚨The market is consolidating after a strong surge. The $77,000 level for #Bitcoin is the pivot point to watch today: if it isn't recovered quickly, a deeper correction towards $74,000 could materialize before the end of the #Fed meeting tomorrow.
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Technical Credibility:** The network is gaining a reputation for reliability by using native Bitcoin features (such as time locks or CLTV) to secure staking, demonstrating its ability to innovate without compromising user security.
#CORE#BITCOIN#STAKING
🚨 1/
Accepting #Bitcoin staking is a strategic pillar for the Core network. By allowing BTC holders to stake their assets without leaving the Bitcoin blockchain (self-custody), #Core not only attracts users but fundamentally transforms its security structure.
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4. Sovereignty and "Zero Trust"
Unlike other networks that require users to bridge (transfer) their Bitcoins to another chain (which exposes them to the risk of bridge hacks), staking on #Core is non-custodial.
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Price Stability: This mechanism reduces the circulating supply of both assets (#BTC and #CORE), which can promote long-term economic stability for the network.
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3. Ecosystem Alignment (Dual Staking)
#Core recently introduced Dual Staking, which creates an economic symbiosis:
Incentive for the #CORE Token:** To obtain the best yield rates on their #Bitcoin , users are often encouraged to also hold and stake CORE tokens.
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Network Effect: This incentivizes Bitcoin holders to engage with the #Core ecosystem, thereby increasing the number of users and the transaction volume on its own blockchain.
# 2. Attracting Massive Liquidity
Bitcoin is the most liquid and capitalized asset on the market.
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Value Capture: By offering yield on #BTC , #Core attracts capital that would otherwise remain idle in wallets.
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Resistance to Attacks: The more #Bitcoin staked on #Core , the more expensive and difficult it becomes for a malicious actor to corrupt the network, as they would theoretically need to control a massive share of the total staked value.