Hey guys, The market is all acting up again. Probably because of US CPI data. And so bitcoin dropped to 59-57K again. Do ya'll think it'll go for 70k price target? Because I believe we won't be stuck on that price for so long.
The year is still have several months before it ends, so I am moving forward in seeing $70k soon. And I am with you that we won't be stuck at $59k for so long.
Anyways, I believe some folks are looking for some passive income right now. It's not an uncommon thing to do, we'd earn by staking, giving liquidity in a dex and etc. but what can be a really good passive income?
So I am assuming that many investors are holding USDT due to market uncertainty. I believe we can stake USDT at any good staking platform. Platforms like Bitget offer attractive rates of up to 18% APR, while Binance provides a more modest 1.91%, so y'all know what's best.
Yeah, we all know the best and the exchange that you have mentioned because you're working for it. But as for the interest rates, going up as high as 18% APR won't be too long because if everyone stakes their USDTs there, there will be an adjustment for the exchange or else they'd go bankrupt in a year if majority of the users have got USDT and stakes it all at the same time and that's why the rates are also adjusting depending on the demand.