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Richard Teng
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Honored to see #Binance ranked as the most visited cryptocurrency platform in 2024, according to Cloudflare.

Beyond crypto, we’ve also achieved 6th place globally in financial services!

Big thanks to our community for making this possible!

Source: @CoinsauceCrypto
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Coin Counsel
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The Great Crypto Crash of 2024: What Went Wrong?

Hold onto your moon boots, crypto comrades, because the market just took a nosedive so spectacular, it would make a drunken llama jealous! Bitcoin, the king of the digital jungle, went from peak dominance to price-diving dominance in mere moments, leaving a trail of liquidated dreams and confused hodlers in its wake. What the heck just happened?

The Bloodbath Breakdown:

Bitcoin Takes a Tumble: From hero to zero (well, not zero, but close enough) Bitcoin's price went from hovering around $97,748 to a stomach-churning $94,249.

Altcoin Apocalypse: Didn't think Bitcoin's pain could spread? Think again! Altcoins like Ethereum and Dogecoin got nuked, proving even the "safe havens" aren't safe from the crypto crazy train.

Liquidation Lullaby: Over $1.5 billion in crypto derivatives got liquidated, sending shockwaves through the entire market. Who knew whales could cry so much money?

The Conspiracy Theories Are Flowing Like Cheap Lambo Loans:

The Whale Whisperer: Did some shadowy figure with a penchant for marine mammals decide to give the biggest whales a good tickling?

The Government Crackdown Caper: Is this the crypto Illuminati's way of sending a message to those pesky governments trying to regulate the fun?

The Algorithm Apocalypse: Maybe a rogue AI trading bot with a vendetta against digital gold decided to wreak havoc on the market.
But Before You Start Packing Your Crypto Bags for Mars:

Don't Panic Sell: Remember, these wild swings are normal in the crypto world.
Do Your Own Research: Don't let FOMO (fear of missing out) or FUD (fear, uncertainty, and doubt) cloud your judgment.
This Could Be a Buying Opportunity: Maybe the whales are just shaking out the paper hands, making way for smart investors like you to buy the dip.

So, What's the Verdict?

Is this a sign of the crypto apocalypse, a well-orchestrated market attack, or just a healthy market correction? Nobody knows for sure, but one thing's certain: things are about to get interesting.

#MarketCorrection #BuyTheDipOrWait #Write2Earn!
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Why is the whole market crashing ? why is $BTC dumping ? Is the Bull market over ?

Now, you shouldn’t expect the market to keep pumping immediately $BTC crossed $100,000, a lot of people and investors are going to be selling their Bitcoin at $100,000 to buy back cheaper ($85,000 - $96,000)

We are not in the bear market, we will still see Bitcoin above $100,000 this week or next, do not be quick to panic and sell your holdings or open short positions on Futures

This is just a normal market pattern, up and down, even Cz said something about this earlier, don’t expect the market to keep pumping and pumping, they will be dips subsequently and it shouldn’t make you worried

Stay With Us
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Bitcoin's rise to $100K is more than just a financial milestone; it’s a testament to how bold ideas can come to life and shape the future in our digital age.

Each milestone represents a step toward a stronger, more sustainable ecosystem—something we can all celebrate together.

Let’s keep BUILDing. There’s still so much more to achieve. 💪
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For many, this will be the first altcoin season in their lives.

This is a time when many dream of getting rich, multiplying their investments by 100 or even 1000 times. But in fact, this period of time will be a serious test for your endurance and character.

What awaits you?

- You will want to check every day how much your portfolio has grown.

- You will fantasize how huge your fortune will be when some altcoin soars to sky-high heights.

- He will want to brag about his successes in front of friends who are not particularly interested in the topic.

- Every rollback or ESPECIALLY a new maximum will make you want to invest even more money.

- There will be a temptation to break your own rules on risk and size of positions for each individual coin

- The deeper we dive into the altcoin season, the worse projects you will start to consider.

This will be a real test. Only those who remain calm and can withstand both drops of 30%, 50%, and even 70%, and impressive growth of 100%, 300% or even 500% will win.

What to do?

1. Make a clear plan.
Determine your goals, decide in advance when you will exit the coins.

2. Be realistic.
Set adequate financial goals, do not rely on a "million" percent.

3. Stock up when prices are low.
For this, it is useful to follow the RSI indicator (it shows when the market has overheated or, on the contrary, fallen too much).

4. Determine the time when the end of the cycle is most likely. Signs of the end of the alt season:
- Mass media are beginning to actively write about altcoins.
- Double top figures appear on large timeframes with low/declining volumes.
- RSI on the monthly chart exceeds 90 points for a long time.

The most important thing is to keep modesty and common sense. And stick to the plan and goals.

Altcoin season can be a great opportunity, but only for those who keep their cool and act consciously.
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What's happening to the market right now!? Is this altseason?

Well, I said it plenty of times before in the past.

Once Bitcoin consolidates at new highs, we'll always get an altseason.

Right now Bitcoin has been moving back and forth between $90k-100k.

If Bitcoin would have already topped here? Altseason has already effectively begun!

(doesn't mean that it is over. It means it's here already in the early stages)

However altseason isn't something that can happen only once. It also has ups and downs.

The altcoin market can rally pretty strongly for an entire month untill Bitcoin goes for another strong leg-up to $120k for example.

(this will cause Bitcoin dominance to pull up again for a brief moment)

If it tops at $120k and consolidates below there (let's say between $100-120k) we will see another altseason again.

Just like Bitcoin goes up and down in multiple waves in a bull run so do alts (altseason ups and downs).

It's to early to tell if today is the altseason to end the current cycle (usually the strongest wave).

We can't really tell if Bitcoin has already topped yet (like it has not yet).

We can only have a good indication of that, after it breaks down previous key levels (it has not btw > only bullish structure so far).

Also plenty of room for alts to go up higher from here (chart below).

But make no mistake. Up forever is something it won't do.

But today we can enjoy 👌

$RUNE
$RAY
$JUP
$XRP
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#BONKBURNmas #BONK #BullRunAhead

The potential for BONK's 1 trillion token burn to trigger a price surge depends on various factors, and while a burn of this magnitude may create short-term excitement, it doesn’t guarantee a price increase. Here are a few things to consider:

Supply and Demand Dynamics: Token burns reduce the overall supply, which, in theory, could increase the scarcity of the asset. If demand remains constant or increases while the supply decreases, the price could rise. However, if demand is not strong enough to absorb the reduced supply, the price may not move significantly.

Market Sentiment: Often, burns are seen as a way to boost sentiment, especially if the burn is a high-profile event or part of a broader strategy to improve the token's value proposition. If the burn is perceived positively by the community and investors, it could lead to a price increase.

Speculation: In the short term, speculative traders might drive up the price in response to the news of a massive burn, but the long-term impact on price will likely depend on the project's fundamentals, use case, and continued market interest.

Tokenomics and Burn Mechanisms: Some tokens burn a portion of each transaction or engage in strategic burns to reduce inflationary pressure. How the 1 trillion BONK tokens are burned (whether it’s a one-time event or part of a regular process) will affect the burn’s impact on the market.

In summary, a large token burn like this could have a positive impact on price due to reduced supply and increased excitement.
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The Federal Reserve finally admitted it?
Fed Chairman Powell spoke out, expressing deep sorrow that the huge bubble in the US financial system is on the'' verge of bursting. The total amount of US financial derivatives has exceeded 600 trillion US dollars.
"The Fed finally stopped hiding its intentions this time. Powell's' words made everyone's heart jump to their throats. 600 trillion financial derivatives, this number sounds like an astronomical figure from a science fiction novel."
"This bubble is even more (exaggerated) than our mortgage loans. It will burst with just one poke. Powell's admission will probably make the Wall Street elites lose sleep."
"Think about the financial crisis in 2008. It was already bad enough then. The current figures are simply" playing with fire. If we are not careful, it will be a global fire."
"Powell looked so distressed, as if he was watching his own house collapse. The 'house' of the US financial system is indeed shaky.
"Behind this bubble is the hard-earned money of so many families and the future of so many companies. Once it (bursts), it will be no joke."
"Financial tycoons, isn't it time to stop playing those high-risk games? Otherwise, no one will be able to escape in the end."
"We ordinary people also (need) to be careful and not be blinded by those high-yield financial products. They may be a time bomb.
"The financial derivatives in the United States are like building blocks, getting higher and (higher) and more and more unstable. Now everyone is waiting to see when this building block tower will fall down."
"Powell's roar shook the global market. We must be careful to deal with the subsequent chain reaction."
"At this time, central banks of all countries have to work together. They can't fight alone. After all, no one can escape the financial tsunami."
"Does the bursting of the bubble mean opportunities? For those who are prepared, a crisis may be an opportunity for change."
"Whether it is a , blessing or a curse, this financial crisis has shown us the fragility and madness of the financial market. It is time to reflect on how to make this market healthier."
Powell's admission -is like a wake-up call for the financial market. No matter how big the bubble is, we should( remember (that stability and transparency are the cornerstones of the long-term development of the financial market. "$PNUT

#BTCNear82k #AltCoinRush #10MTradersLeague #MicrosoftBitcoinRejection #EthereumRally
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#HODLOnTigh I’ve purchased 10 mili $BONK in January 2023 and added 10 mili more back in November 2023 and it was really good. Then received airdrop for participating in Christmas activities of 10 more mili. On Aug 1 this year swapped 30 mili $BONK for 16k $MOTHER and holding since then. If swap back to $BONK now it would be around 50 mili, so back from under $10 purchase in Jan 2023 to around $1’000 today. Let’s see how it will go.
#HODLOnTigh I’ve purchased 10 mili $BONK in January 2023 and added 10 mili more back in November 2023 and it was really good. Then received airdrop for participating in Christmas activities of 10 more mili. On Aug 1 this year swapped 30 mili $BONK for 16k $MOTHER and holding since then. If swap back to $BONK now it would be around 50 mili, so back from under $10 purchase in Jan 2023 to around $1’000 today. Let’s see how it will go.
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$REEF REPEAT HISTORY ONCE AGAIN 🚨
Hey traders, take heed! If your altcoin positions are soaring with 50-60% profits, consider locking in some gains and adjusting your stop-loss to the entry price. Resist buying at current market prices; wait for a dip instead.
REEF's disastrous plunge from 0.010 to 0.003? Profits accumulated over days vanished in minutes! It's a stark reminder: no matter how bullish the market seems, stop-loss (SL) is crucial.
Don't underestimate the power of leverage. Even 2x can decimate your portfolio if you trade without SL. Many got liquidated, learning the hard way.
Heed this warning:
Book partial profits
Adjust stop-loss to entry price
Wait for dips to buy
Use leverage wisely
Set stop-loss always

BE CAUTIOUS WITH $NEIRO AND OTHER SIMILAR COINS ...
#Reef #BTCBreaks66K #MemeCoinTrending #BTCUptober #BNSOL
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ReflectionCrypto
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Meet Jesse Livermore
At 30, he made $33 million in one day trading

By 1929, his fortune was worth $1.4 billion

Here's his story and trading SECRETS that made him BILLIONS

Before we dive in, heads up — I’m going private soon.

Want to keep getting alpha from me? Hit that follow button now.

And if you find this thread useful, give it a like, Repost, or bookmark — your support means a lot!

Jesse Livermore is one of the most successful stock traders in history.

He famously predicted and profited from big market crashes like the Panic of 1907 and the 1929 Crash.

People called him "The Great Bear of Wall Street."

Livermore began his career as a "board boy," updating stock quotes at brokerage houses.

This experience helped him intuitively understand market trends.

Soon after, he became one of the most successful traders of all time by shorting stocks with his strategy.

Jesse Livermore was a self-made trader using his own money.

With sharp observation and experience, he made what’s worth $1.4B now.

That’s why I want to share his 10 rules, still relevant today, perfect for trading crypto and especially memecoins

1/ The most profitable trades often show gains right from the start

Swing trades that begin with a profit tend to be more lucrative and less stressful.

Not a strict rule, but trades that turn green on the first day usually perform better.

2/ You don't need to trade daily

Navigate the market wisely.

Avoid FOMO; don't feel pressured to trade every day.

Be selective and choose only the most promising trades.

3/ Trade in obvious up or down markets

Look at overall market and sector trends, not just individual stocks or coins, to make better investment decisions.

Trade when all signals align.

4/ Enter a trade only after confirmation

After a breakout, wait for a retracement:

➢ Go long when the price crosses the previous day's high
➢ Go short when it crosses the previous day's low, ensuring a tight stop loss

5/ Continue with trades that show a profit, and end those that show a loss.

Keep profitable trades until the Trailing Stop Loss is activated.

For losing trades, use a fixed Stop Loss.

6/ Exit trades when the trend you're profiting from is over

Close trades when the market changes direction or breaks previous swing points.

Experience is essential for making these decisions.

7/ Trade leading stocks in top sectors

Select top-performing stocks in trending industries for your trades.

Avoid aping in underperformers.

8/ Never average the losing positions

The only three scenarios where this is acceptable:

➢ The stop loss hasn't been triggered
➢ The setup remains valid
➢ The position size adheres to money management rules

Avoid averaging below the stop-loss level.

9/ Long when stocks hit a new high, and short when they hit a new low

Trading stocks at 52-week or ATH/ATL challenges our usual buying habits, as we typically seek discounts.

It's difficult to trade stocks at their peak or bottom prices.

10/ Markets are never wrong; only opinions are

Don't question what the market does.

Question other investors' opinions and check them against the facts.

11/ The most profitable trades often show gains right from the start

Swing trades that begin with a profit tend to be more lucrative and less stressful.

Not a strict rule, but trades that turn green on the first day usually perform better.

While people often reference Jesse Livermore, one of the greatest stock traders in history, for his timeless strategies in speculation and market timing, the landscape has evolved drastically. Today’s opportunities aren’t just found in stocks or traditional markets—they’re emerging in the crypto space, where innovation is happening at an unprecedented pace. If Livermore were alive today, he’d likely be looking at high-potential crypto projects that offer immense growth opportunities—and right now, one of the standout projects is MoonPrime Games ($LUNAR).

Just like Livermore mastered the art of capitalizing on market movements, the real secret today lies in recognizing game-changing projects15:32before they take off. $LUNAR is much more than a speculative token. It’s the centerpiece of MoonPrime Games, a project merging AI and blockchain gaming to create the next level of immersive, AI-driven experiences. The key? AI-powered NPCs that communicate with players and each other in real-time, creating a world that feels alive and interactive.

What makes this opportunity so compelling is the early-stage potential. With a current price of just $0.000509 and a market cap of $500k, $LUNAR is flying under the radar—but not for long. Experts are predicting it could hit $1,000 by 2025. This is your chance to get in before the masses recognize the potential of AI-driven virtual economies.

Livermore was all about timing the markets, and the time to get involved with $LUNAR is now, before the next major wave of growth in AI and blockchain gaming.

Website: moonprime.games (paste it in your browser)

I hope you've found this thread helpful.

Follow me @ReflectionCrypto for more.

Like/Repost the quote below if you can:
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Do you know when people loose a lot of money in Trading?

Its when u place an order either SHORT or LONG and then start hoping it will goes as u planned.
when it starts going in you favor you hope it will go more up and then it start going down and you hope again it will again bounce back in your favor.
and when its not going in you favor from the beginning you start hoping it will go in your favor soon and it will go lil bit in your favor and you again Hope it will go further Up.
then again it goes against you and then you again start hoping it will go in your favor eventually the position reach to the price where it will liquidate however you again Hope since its already comes Comes Down to LOW or either high now you think it will start going your favor and you start adding the margin and again the same story.

What is the lesson here Stop Hoping for the Outcome and Hope that you learnt a valuable lesson from that specific trade.
That is what i also Hope with myself and for all the trader who are into the Trading.😘


#btc #bitcoin #btc70k #BTC☀ #BTC70K✈️
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🚨 $NEIRO /USDT: Potential Major Fall, Followed by a Pump! 🚀📉 🚨

The recent price action for $NEIRO shows that the coin has surged by 15.26% within a short time frame, but we could be approaching a critical turning point. Here's what we see:

Why a Fall Might Happen First (Short-Term Correction):

1. Overbought Signals: $NEIRO's price skyrocketed to 0.00137299 $USDT in the last 24 hours, signaling that it might be overbought in the short term. Such rapid spikes are often followed by a correction as early buyers take profits.2. Resistance Levels: The coin is nearing key resistance points, as shown by the upper green line on the chart. Breaking through this resistance may not be easy, and a pullback to lower support levels (around 0.00121653 USDT) is highly possible.3. Market Sentiment: With large volumes exchanged over the past 24 hours, it’s possible that retail traders might exit, creating a short-term dip.Why a Pump is Likely After the Drop (Bullish Outlook):1. Strong Volume: With a 24-hour volume of 202.47B NEIRO and 247.42M USDT, market interest in NEIRO is clearly strong. A significant dip might attract new buyers, especially if the price bounces off key support levels.2. Accumulation Phase: If the price does fall and reaches a level around 0.00121653 USDT (marked in red), it may create an ideal accumulation zone for larger investors or "whales," sparking the next bullish run.3. Upward Momentum: The underlying trend (visible from the consistent upward movement in the chart) remains bullish. After the short-term correction, we may see NEIRO push upwards again, potentially challenging the 0.00137299 USDT resistance level.

Conclusion:

This next period is crucial. If you’re trading, watch for a fall towards support levels, but don’t be surprised if NEIRO quickly recovers and shoots back up. The combination of market volume and previous trends could signal another pump!

Remember: Always manage risk carefully in volatile markets. 📈💡

TRADE NOW👇👇👇👇


#NEIRO #CPI_BTC_Watch #CryptoAnalysis #PumpOrDump
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YG crypto
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Here's a MEGA list of TOP 10 underrated coins that are ready to fly
BITCOIN HAS STARTED PUMPING! 🔥
Next are altcoins.
$500 invested in right altcoins, can easily turn into $2000.
I have spent 37 hours+ and analyzed over 100+ altcoins

Before starting, did you know?
It will only take 0.4 seconds to Like and 0.8 seconds to REPOST this Article. 😄
Do it, so you don't lose it.
Remember, nothing I'm saying in this thread is financial advice.
With that said, let's dive into this👇

1. $FET ( fetch_ai )

It is an Ethereum token powering Fetch.ai's decentralized machine-learning platform.
The platform enables automated asset trading, gig economy solutions, and energy grid optimization.

Fetch's initial DeFi app allows Uniswap users to set up automated trading based on specific conditions.

⮕ Price: $1.69 ⮕ MarketCap: $4,245,390,273

2. $INJ ( injective )

INJ powers Injective Protocol, a DeFi blockchain platform.
It secures the network, enables governance voting, and incentivizes developers.
INJ supports cross-chain communication and trading, aiming to create a versatile ecosystem for decentralized finance applications.

⮕ Price: $21.77 ⮕ MarketCap: $2,135,903,597

3. $AVAX ( avax )

#AVAX powers Avalanche, a fast and secure blockchain for dApps and smart contracts.
It offers quick transactions, high scalability, and Ethereum compatibility.
It also features customizable subnets and a unique consensus mechanism.
Users can stake AVAX to participate in network security and governance.

⮕ Price: $27.14 ⮕ MarketCap: $11,024,826,380

4. $RFRM ( reformdao )

RFRM powers ReformDAO, which aims to democratize marketmaking.
The token enables staking rewards, and governance voting, and features a buyback mechanism using profits from the platform's activities.
It aligns user interests with ReformDAO's goal of fair liquidity access.

⮕ Price: $0.26 ⮕ MarketCap: N/A

5. $ATH ( Aethir )

#Aethir is a decentralized GPU cloud platform for AI and gaming, offering scalable infrastructure, fast AI processing, and low-latency global gaming support, including AR/VR.
Users can stake $ATH tokens for rewards, connecting miners, developers, and token holders in its GPU-as-a-service ecosystem.

⮕ Price: $0.063 ⮕ MarketCap: $255,264,075

6. $GLQ ( graphlinq chain )

GLQ is the native token of GraphLinq, a no-code blockchain automation tool.
It allows users to run automated workflows, pay for execution fees, and trigger blockchain events without coding.
Users can stake GLQ for rewards and help secure the network.

⮕ Price: $0.086 ⮕ MarketCap: $29,631,814

7. $IOTX ( iotex )

#IOTX is the utility and governance token for IoTeX, a network connecting IoT devices and decentralized apps.
It’s used for transactions, staking, and governance. IoTeX aims to integrate smart devices with blockchain, creating an "Internet of Trusted Things."

⮕ Price: $0.045 ⮕ MarketCap: $430,959,937

8. $ORN (orion)

#ORN powers Orion Protocol, a platform aggregating exchange liquidity for better rates.
Users can trade, stake, and access advanced features with $ORN.
Founded by Alexey Koloskov, it aims to solve DeFi challenges and reduce exchange risks.

⮕ Price: $1.3 ⮕ MarketCap: $44,508,833

9. $IXS ( Ix Swap )

IX Swap is a decentralized exchange for Real World Assets (RWAs), acting as the Uniswap for security tokens.
It enables users to create liquidity pools for security tokens and offers a launchpad, making private market investments accessible to everyone with as little as $1.

⮕ Price: $0.60 ⮕ MarketCap: $108,797,415

10. $AXGT ( AxonDAO )

AxonDAO is a tech company using AI and biometric algorithms to support and fund DeSci projects.
Its governance token, AXGT, powers the AxonDAO ecosystem.

⮕ Price: $0.24 ⮕ MarketCap: $42,881,099

That's it Guys ☺️

If you find this Article valuable.
➡️ Hit like and Repost it

Follow me at @ygcrypto for more quality crypto content.
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Data: The address that bought $265,000 of NEIRO on August 15 has sold all of it, with a loss of $150
The address that spent $265,000 to chase the high point of $NEIRO on August 15th, as monitored by @ai_9684xtpa, has left four hours ago. They sold all the accumulated 4.6 billion tokens bought with an average price of $0.00002721 seven days ago and 12 hours ago (entry price $0.00005991), resulting in a loss of 58.53 ETH, worth about $150,000 in total.
#zachxbt
What ta hell :O
What ta hell :O
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Binance News
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Trader Gains $495 in 20 Minutes from SUNDOG Token Sale
According to Odaily, a trader made a significant profit by purchasing SUNDOG tokens on the SunPump platform. The trader spent $65 on the tokens and sold them just 20 minutes later, earning a profit of $495. Had the trader held onto the tokens for four days, their value would have soared to $2 million.
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Binance News
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Former U.S. Treasury Secretary Lawrence Summers Suggests 50 Basis Point Rate Cut in September
According to Jinishi: On August 10, former U.S. Treasury Secretary Lawrence Summers expressed his concerns about the potential consequences of political interference in monetary policy. Speaking on Friday, Summers cautioned against allowing the president to influence the Federal Reserve's decisions, warning that such involvement could lead to higher inflation and a weaker economy. "It's a stupid game to get politicians involved, and the end result is higher inflation and a weaker economy," he stated.Regarding the Federal Reserve's upcoming policy meeting, Summers noted that the easing of market volatility and stock market declines since Monday makes an emergency rate cut unlikely. However, he added that "a 50 basis point rate cut may be appropriate" when the Fed meets in September.
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$GFT $WIF $PEPE

🔥🔥🔥 BlackRock
BlackRock Did Not Sell During Crypto Market Crash: Details 😯😯😯

🔥🔥BlackRock Bitcoin ETF investors unfazed amid massive epic sell-offs.

The first Monday in August 2024 has gone down in cryptocurrency history as a notable day in terms of price crash. Some have even described it as a "red Monday" given the huge slump in the crypto space and the broader financial market.

Despite the price crash, which pushed many investors to hit the sell button on their digital assets, particularly Bitcoin, BlackRock (IBIT) did not see sell-offs as the asset manager held on to its portfolio investment in the world’s leading digital asset.

🔥 BlackRock's unwavering stance As Eric Balchunas, Bloomberg Senior ETF analyst said, BlackRock’s decision not to sell speaks volumes of their unshaken stance. Notably, BlackRock had suffered an 8% decline in the outgone week and was reeling from that loss before the market crash of Monday occurred.

In the epic market movement on Monday, BlackRock’s investors again recorded a negative move (-14%) after weathering the weekend storm of an 8% loss. Nonetheless, these investors stood steadfast with zero flows. Meanwhile, the total outflow for the group registered $168 million, which represents approximately 0.3% of the total assets under management (AUM). Noteworthy to state that Grayscale (GBTC) accounted for one-third of it. Balchunas predicted that this week will register more outflows up to the tune of billions or the equivalent of 5%. Overall, the renowned analyst has expressed shock at the reaction from some investors in the crypto market.

Even I've been surprised by the HODL ability of the boomers and equally surprised by the weakness of the natives. My lord you finally have ETFs here bringing in $17b and you can't just chill?” Balchunas queried.

#BlackRockETHOptions
#RoninBridgeAlert #MarketDownturn #Babylon_Mainnet_Launch #BinanceHODLerBANANA
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Idk it seems like it was a bear trap, especially today. But anything can happen, looks bullish on weekly, but there is still 5 days left. As for the strategies to navigate I would just buy more with this recent low as a stop loss. #MarketDownturn
Idk it seems like it was a bear trap, especially today. But anything can happen, looks bullish on weekly, but there is still 5 days left. As for the strategies to navigate I would just buy more with this recent low as a stop loss. #MarketDownturn
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Binance News
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Binance CEO Richard Teng: Market Volatility Driven By Macroeconomic Factors, Not A Long-term Negative Trend
In a recent post on Twitter (X), Richard Teng addressed the sharp declines in both cryptocurrency and equity markets. Teng, a prominent figure in the financial sector, emphasized that these drops are largely influenced by macroeconomic factors rather than indicative of a long-term negative trend.He pointed out that potential Federal Reserve rate cuts and geopolitical volatility could lead to further market fluctuations. Teng reassured investors, stating, "We do NOT believe it’s indicative of a long-term negative trend." He emphasized the importance of staying informed and conducting thorough research, commonly abbreviated as "DYOR" in investment circles.
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