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BinanceBlockChainWeek
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Are you ready for Binance Blockchain Week 2024 in Dubai on October 30-31? Binance Blockchain Week 2024, themed 'Momentum,' will highlight industry growth and innovation. Join Binance leaders like CEO Richard Teng, CMO Rachel Conlan, and CTO Rohit Wad as they discuss the future of blockchain. Can't wait to see you there!
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Got major FOMO from not being there in person at #BinanceBlockchainWeek ? We’ve got you covered. Tune in to live event coverage on Binance LIVE and join the conversation on Binance Square!  The best part? Earn DOUBLE the points when you check in daily and complete other simple tasks at our task center. Head to the creator center and click on check in now!  Double Points Activity Period: 30 October to 1 November 2024 UTC 00:00 
Got major FOMO from not being there in person at #BinanceBlockchainWeek ? We’ve got you covered. Tune in to live event coverage on Binance LIVE and join the conversation on Binance Square! 

The best part? Earn DOUBLE the points when you check in daily and complete other simple tasks at our task center.

Head to the creator center and click on check in now! 

Double Points Activity Period: 30 October to 1 November 2024 UTC 00:00 
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𝗢𝗡𝗘 𝗠𝗔𝗦𝗦𝗜𝗩𝗘 𝗟𝗜𝗤𝗨𝗜𝗗𝗜𝗧𝗬 𝗜𝗡𝗝𝗘𝗖𝗧𝗜𝗢𝗡 𝗡𝗢 𝗢𝗡𝗘 𝗜𝗦 𝗧𝗔𝗟𝗞𝗜𝗡𝗚 𝗔𝗕𝗢𝗨𝗧 🚨 MONEY MARKET FUND ASSETS HAVE NOW REACHED A NEW ATH OF $6.24 TRILLION. WHAT IS A MONEY MARKET FUND? A MONEY MARKET FUND IS A KIND OF MUTUAL FUND THAT INVESTS IN HIGHLY LIQUID AND NEAR-TERM INSTRUMENTS LIKE CASH, CASH EQUIVALENT SECURITIES LIKE US TREASURIES. RIGHT NOW, THESE ASSETS ARE EARNING RISK FREE 5%-5.5% YIELD DUE TO HIGH INTEREST RATES BUT SOMETHING WILL CHANGE SOON THE FED WILL START RATE CUTS FROM THE NEXT MONTH IT IS EXPECTED THAT THE FED WILL DO AT LEAST 5 RATE CUTS TILL MARCH 2025 TRILLIONS OF DOLLARS SITTING INTO MONEY MARKET FUNDS WILL ENTER INTO STOCKS AND CRYPTO PUSHING THE PRICES TO NEW HIGHS $BTC #MarketUpdate #Bitcoin #BinanceBlockChainWeek $BTC $ETH {future}(BTCUSDT)
𝗢𝗡𝗘 𝗠𝗔𝗦𝗦𝗜𝗩𝗘 𝗟𝗜𝗤𝗨𝗜𝗗𝗜𝗧𝗬 𝗜𝗡𝗝𝗘𝗖𝗧𝗜𝗢𝗡
𝗡𝗢 𝗢𝗡𝗘 𝗜𝗦 𝗧𝗔𝗟𝗞𝗜𝗡𝗚 𝗔𝗕𝗢𝗨𝗧 🚨

MONEY MARKET FUND ASSETS HAVE
NOW REACHED A NEW ATH OF $6.24
TRILLION.

WHAT IS A MONEY MARKET FUND?

A MONEY MARKET FUND IS A KIND
OF MUTUAL FUND THAT INVESTS
IN HIGHLY LIQUID AND NEAR-TERM
INSTRUMENTS LIKE CASH, CASH
EQUIVALENT SECURITIES LIKE US
TREASURIES.

RIGHT NOW, THESE ASSETS ARE
EARNING RISK FREE 5%-5.5% YIELD
DUE TO HIGH INTEREST RATES

BUT SOMETHING WILL CHANGE
SOON

THE FED WILL START RATE CUTS
FROM THE NEXT MONTH

IT IS EXPECTED THAT THE FED WILL
DO AT LEAST 5 RATE CUTS TILL
MARCH 2025

TRILLIONS OF DOLLARS SITTING
INTO MONEY MARKET FUNDS WILL
ENTER INTO STOCKS AND CRYPTO
PUSHING THE PRICES TO NEW HIGHS
$BTC #MarketUpdate #Bitcoin #BinanceBlockChainWeek $BTC $ETH
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