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Mr Zaidi
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The Federal Reserve's decision to keep interest rates steady and potential future rate cuts could positively impact cryptocurrency prices, as: - Lower interest rates make riskier investments like crypto more appealing - Crypto prices have risen substantially in anticipation of rate cuts - Bitcoin and Ethereum have seen significant gains - Crypto is often seen as a hedge against inflation, low interest rates, and market volatility Overall, the Fed's decision could boost investor sentiment and drive crypto prices higher. #BULLRUN24 #fedinterest #FederalRatesCrypto #CryptoNewss

The Federal Reserve's decision to keep interest rates steady and potential future rate cuts could positively impact cryptocurrency prices, as:

- Lower interest rates make riskier investments like crypto more appealing

- Crypto prices have risen substantially in anticipation of rate cuts

- Bitcoin and Ethereum have seen significant gains

- Crypto is often seen as a hedge against inflation, low interest rates, and market volatility

Overall, the Fed's decision could boost investor sentiment and drive crypto prices higher.

#BULLRUN24 #fedinterest #FederalRatesCrypto #CryptoNewss

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Whether or not LUNC (Terra Classic) will survive is not possible to predict, but there are several factors that suggest it may be able to recover. A few of these include : - The LUNC community is active on social media and is pushing for Coinbase to list LUNC. - A petition calling for Coinbase to list LUNC has been created. - The community believes that if Coinbase lists LUNC, it could help the coin reach new highs. - LUNC has lost nearly 99% of its value since Terra's collapse in 2022, showing that it can decline in value but still survive. There is a possibility that Coinbase will relist Terra Classic’s LUNC The LUNC community has been pushing for this on social media, and a petition calling for Coinbase to list LUNC has been created The community believes that if Coinbase lists LUNC, it could help the coin reach new highs #LuncReachOneDollar #Lunc2TheMoonSoon #terraClassicLunc #CryptoNewss
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- Minneapolis Federal Reserve chief Neel Kashkari made a "reasonable prediction" about only one rate cut in 2024, which hurt the crypto market. - Bitcoin ETF outflows are continuing, which is part of a de-risking strategy. - Long liquidations are overpowering short ones, resulting in $403 million worth of liquidations in the last 24 hours. - The crypto market is awaiting crucial economic data and the outcome of the upcoming Federal Open Market Committee (FOMC) meeting. - CPI inflation and core CPI estimates are at 3.4% and 3.5%, respectively, and investors are closely monitoring the Fed’s interest rate decision. #CPIAlert #BTCFOMCWatch #CryptoNewss
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El Salvador has mined nearly 474 bitcoins since 2021 thanks to a volcano-fueled geothermal power plant, official data showed on Tuesday, bringing the government's total bitcoin portfolio to nearly $354 million at current prices. The country's "Bitcoin Office," an official government entity, reports that government coffers now hold 5,750 bitcoins. The new additions, 473.5 bitcoins worth some $29 million since September of 2021, were powered by a small amount of geothermal energy generated by the country's imposing Tecapa volcano, touted as a green way to accumulate the well-known cryptocurrency, which is not regulated by any central bank. #ElSalvadors #bitcoin☀️ #BTC☀
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News Alert !!! $IO Saudi Arabia has announced plans to accept digital currencies for oil sales, but has not specified which ones. However, based on current trends and market capitalization, the following digital currencies could potentially be used for buying oil from Saudi Arabia: 1. Bitcoin (BTC) $BTC 2. Ethereum (ETH) $ETH 3. Petro (PTR) - Venezuela's oil-backed cryptocurrency, which could potentially be used as a model for Saudi Arabia. 4. Tether (USDT) - a stablecoin pegged to the US dollar, which could reduce volatility risks. 5. Saudi Arabian Digital Currency (SADC) - a hypothetical national digital currency, which could be introduced by Saudi Arabia in the future. Please note that this is speculative, and the actual digital currencies accepted by Saudi Arabia for oil sales may differ. #SaudiArabia #CryptoNewss #June
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FED decision - No rate hike: Federal funds rate remains at 5.25%-5.5% - Inflation slowing: Recent report shows inflation decreasing more than expected - Rate cut expected: At least one rate cut predicted before year-end - Revised projection: Down from three rate cuts projected in March - Economic growth: Fed expects moderate economic growth to continue - Labor market: Labor market remains strong, with low unemployment - Inflation target: Fed aims to keep inflation at 2% annual rate - Future meetings: Next Fed meeting scheduled for July, with possible rate cut - Economic uncertainty: Global economic uncertainty and trade tensions still a concern #fedinterest #fedinterest #CryptoNewss
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