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**European Region Annual Inflation Rate Update:**
- Current Rate: 2.6%
- Expected Rate: 2.6%
- Previous Rate: 2.5%
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When a market asset shows signs of vulnerability, it often attracts widespread interest. A recent significant transfer of Bitcoin to Binance might signal notable upcoming market shifts. Just an hour ago, a major holder moved 394 BTC, which was acquired two weeks earlier, to Binance. On August 17, on-chain data revealed that an address beginning with bc1q5 deposited 414.123 BTC to Binance. This Bitcoin was purchased at an average price of $52,828, potentially allowing for a profit of $1.95 million upon sale. The address still retains a considerable 6,291 BTC, worth about $361 million. This accumulation over the last 13 months, primarily from major trading platforms, suggests a possible connection to a significant institutional investor. The market is now closely watching for the next move. Have you voted for me yet? Cast your vote on my profile; your support is greatly appreciated. Encourage your friends to vote as well. #Write2Earn! #BTC #BinanceTurns7 $BTC
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Here are four notable altcoins of the day, showcasing impressive gains: 1. **SuperRare (RARE)**: The NFT marketplace SuperRare, built on the Ethereum blockchain, saw the highest surge among altcoins, with RARE soaring by 80% in the past 24 hours. 2. **Tribe (TRIBE)**: Tribe, the governance token for the Fei Protocol, a decentralized stablecoin issuer, experienced a 46% increase in its value over the last day. 3. **Synapse (SYN)**: Synapse, a protocol facilitating interchain communication, was the third top performer, with SYN climbing by 45% within the last 24 hours. 4. **Banana Gun (BANANA)**: Banana Gun, a Telegram-based trading bot, kicked off the weekend with a notable 31% rise in the past day. $RARE $SYN $BANANA
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Be patient. Entering the crypto market usually means you want to profit, but many are approaching it incorrectly. I’m confident that around 80% of investors will lose money during this bull market. Too many people dive into cryptocurrencies just because they’ve heard of them, buying at peak prices and then wondering what to do with their $SHIB when things go south. Here’s the blunt truth: your investment choices are your own responsibility. Stop seeking validation from others and start making informed decisions. If you choose to invest poorly, that’s on you—don’t expect those who offer sound advice to feel responsible. Here's a step-by-step guide to help: 1. Look for lesser-known cryptocurrencies listed on Binance. 2. Review their charts. Avoid those with recent surges (e.g., +300%). If the coin has been stable, consider investing no more than 10% of your portfolio. 3. Set sell orders when the cryptocurrency has increased by 200%. For instance, if you buy at $1, set your sell order at $3. The crucial part is to wait. It’s that straightforward. However, many won’t adhere to this strategy because they’re tempted by quick profits, which often leads to losses. Follow these steps and your odds of success will improve—provided you can be patient. $BNB
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Three hours ago, a major transaction occurred on the Ethereum network when a whale address transferred 1.297 million $ETHFI tokens to Binance. This address had previously received 11.3 million ETHFI tokens five months prior and has recently moved a substantial portion to the exchange. Currently, the whale retains a significant balance of 6.035 million ETHFI, indicating a strategic approach to asset management. This move has generated interest within the community, underscoring the influence of large holders on market dynamics. The transaction highlights the potential impact of whale activity on liquidity and price volatility for tokens like $ETHFI. $ETHFI
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The Bitcoin ETF experienced notable outflows, totaling $81 million in losses, whereas Ethereum ETFs saw a rise in popularity with growing inflows. This trend underscores a shift in investor sentiment, with capital moving from Bitcoin to Ethereum in the dynamic cryptocurrency market.
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