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Why Did the Market Drop So Hard in Just One Week? This is what I think will Every explanation for Over the last seven days, there has been a notable decline in the cryptocurrency market, which has worried traders and investors. This ongoing drop has been attributed to other sources. First, there has been a rise in market volatility due to macroeconomic pressures including rising interest rates and inflation. The uncertain state of the economy has made investors less confident in riskier assets, such as cryptocurrency. #MarketDownturn #BinanceHODLerBANANA
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#ETH #BTC #All coins are AI-tasted and oversold in the last three days! .. Every indicator points to a swift upward trajectory for oversold circumstances. here once the hunt was over to liquid.because everything was hunted yesterday 🥺 alt coins & BTC quickly recover! buckle up, and let's #Write2Earn! #BTC
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FINANCE STORIES THAT BREAK: In a recent post, Donald Trump claimed to have warned about the impending stock market meltdown. He blamed the collapse on the incompetent leadership of the United States and attacked Joe Biden and Kamala Harris for their ignorance. #MarketDownturn
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Big Breaking News🚨 🔴Read 👇🏻 Attention Attention Jerome Powell, the chair of the Federal Reserve, has expressed his strong support for quick regulation of stablecoins and asked Congress to enact legislation before the end of the year. His statements at a recent congressional session highlight how important it is to have regulations in place to guarantee the security and stability of stablecoin transactions in the US. Federal Reserve's Commitment: Powell stressed that the Fed is willing to work with Congress to develop stablecoin rules. He emphasized the need for stablecoins to have a strong legal foundation and reaffirmed the Federal Reserve's commitment to seeing this through. Act to Create Lummis-Gillibrand Payment Stablecoin: This bipartisan bill, put forth by Senators Cynthia Lummis and Kirsten Gillibrand, attempts to control payment stablecoins that are correlated with the US dollar. The goal of the law is to safeguard consumers and promote innovation without undermining the dollar's hegemony. The law defines a "payment stablecoin" as any cryptocurrency asset intended to be used as a means of exchange or payment that may be redeemed for a specific quantity of US dollars or that maintains a steady value equal to the dollar. Stablecoins linked to non-US currencies or other assets are not covered by the measure. In favor and against: Reactions to the proposed regulation have been conflicting. The measure has drawn praise and criticism from different quarters. Proponents of the bill include Coin Center, an advocacy group. They contend that the prohibition on algorithmic stablecoins would stifle creativity and give rise to issues pertaining to the First Amendment. Next Actions: Several financial regulators and legislators will collaborate during the legislative process to establish a balanced regulatory framework that encourages innovation while maintaining financial stability. For further information and updates, follow. Encourage and Spread the Word. I'm grateful. $INJ $NEAR $FTM ☀#BTC ☀
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NOTICE IMMEDIATE FROM BINANCE🚨🚨🚨🚨 Safeguard Your Money: Pay Attention to Risk Warnings! The number of fraudulent withdrawal attempts has increased, as reported by Binance, and scammers may seek to minimize our risk alerts. Be not deceived! Ignoring the danger pop-up notifications might cause irreparable losses, so they are very important. Recall that there is little likelihood of recovery after a withdrawal is established. The Binance staff puts in a lot of effort to stop and manage scams. Don't proceed with the withdrawal if you're unsure. - Seek advice from our official customer service. Remain alert and safe! #Alert🔴 #BinanceSafetyTips #Write2Earn! #MtGoxJulyRepayments
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