Good morning everyone. Big day today for the entire Crypto S | Crypto Revolution Masters on Binance Square

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Good morning everyone. Big day today for the entire Crypto Space. We will witness later cutting of rates most likely with 25 but this probably is the beginning of the next official Bull Cycle. 🔥🔥

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⚡ Jerome Powell (Chairman of #FED ): ✔ The economy is overall strong. ✔ The labor market continues to cool, which is a noticeable improvement from earlier this year. ✔ Our decision today reflects growing confidence that stability in the labour market can be maintained. ✔ Consumer spending remains stable. ✔ Inflation has fallen significantly, but remains above our target level. ✔ The labor market is not a source of increased inflationary pressure. ✔ We expect stable GDP growth. ✔ The risks of rising inflation have decreased. ❗️ The risks of deterioration in the situation with the labor market (employment) have increased . ✔ Our forecasts are not a plan or a solution. ✔ We will adjust the Fed's monetary policy as needed. ✔ If the situation on the labour market worsens, we will be able to respond. ❗️ We can cut rates faster or slower, or take a pause if appropriate (it all depends on the economy.) ✔ Most Fed chairs supported today's 50bp cut, but there was a lot of debate. ✔ Today's interest rate decision is a good start for the Fed to begin easing monetary policy. ✔ I don't think we're behind schedule. ✔ The labor market is stable, we intend to maintain this. ✔ A 50 bp rate cut is NOT an attempt to catch up or a change in the pace of Fed easing. ✔ We want to keep the US economy strong. ✔ Retail sales and GDP for Q2 point to sustainable economic growth - this will also support the labor market. ✔ The Fed was very patient, other global central banks started to lower rates earlier. ✔ There is no need for further cooling of the labor market to reduce inflation to 2%. ✔ We are not yet declaring victory over inflation. ✔ Inflation in the housing market is one of the factors that slows down the process a little. ✔ We could well have cut the rate in July if we had had employment data at that time #JeromePowell

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Liquidation Heatmap showing $21.77b shorts to be liquidated at $70476 on #binance

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🆘 What happened in Crypto in the last 12h? 🆘 • Federal Reserve cuts interest rates by 50bps for the first time in 4 years. • $BTC - After the Fed's big cut and Powell's positive comments, Bitcoin broke above 62K. • $ZETA $ALEO - Coinbase announces the listing of $ZETA and $ALEO. $ALEO has begun trading and $ZETA is scheduled to trade at 9AM PT on Sept 19th. • Binance Labs announced the investment in #hemi_xyz. Hemi is a modular protocol for superior scaling, security, and interoperability, powered by Bitcoin and Ethereum. • $LINA - Linear Finance has teased a big announcement of a new game-changing product. • $TIA - Celestia announced that the Lemongrass update is now live. Lemongrass introduces 1-click interactions over IBC, interchain accounts, and more. • $MKR - Users supplying $USDS on the Sky protocol can earn additional #ChronicleLabs points through the Sky Token Rewards feature. Point holders can later claim tokens at the rate of 1$CLE per 10 points • $OM - MANTRA Chain announced the launch of its mainnet in October. • $XAI $ATH - Aethir and Xai launch a $10M ecosystem grant program to support AI-Powered gaming projects.

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#BTC/USDT ANALYSIS Bitcoin has broken out of its descending triangle pattern with strong volume. It is currently holding above the 100MA, which is acting as a key support level, while the 200MA remains a resistance barrier. A successful retest of the breakout would provide further confirmation for a bullish trend. Keep a close watch for any price action at these critical levels.

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Hey Explorers! 👩‍🚀 We're thrilled to officially launch Binance Moonbix, our new Telegram Mini App Game! 🚀 Embark on Your Adventure: Transform into a crypto space explorer, collect special items, and rack up points along the way. 🌖 Climb the Moonbix Hall of Fame: Rank your points and stay on top by completing tasks for extra points and attempts. 🎁 Stay Tuned for Crypto Rewards: Subscribe to our channel to be the first to know about new campaigns! Prepare for launch in 3...2...1! Hit ‘Play Now’ to start your adventure - TO THE MOON! 👩‍🚀🚀🌖 🔥 Start your Journey here: https://t.me/Binance_Moonbix_bot/start?startapp=ref_577440900&startApp=ref_577440900 Let's goooo #moonbix

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