This week saw mixed results for both cryptocurrencies and stocks, with the Nasdaq 100 index dropping due to weak guidance from companies like Netflix and Nvidia, while the Dow Jones index rose after strong bank earnings. Bitcoin remained under pressure, falling slightly below the key support at $30k, indicating that bears are dominating bulls. Ethereum also declined to $1,800, while coins such as Tron and Chainlink surged during the week. Chancer, a new decentralized platform that aims to introduce a new way to bet on sports, political campaigns, economic data, and more, gained momentum this week after the introduction of additional cryptocurrencies like Ethereum, Tether, Binance Coin, and Binance USD. The platform will be highly decentralized, with token holders having a say in the platform’s features and pricing, and will share profits made by the company. Chancer's token sale comes at a time when inflation has dropped and demand for cryptocurrencies is still high, suggesting the token may perform well when listed on decentralized and centralized exchanges, and when the developers make announcements.
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