#Ethereum: Taker Buy Volume hits $1.683B in one single hourl | Crypto Revolution Masters on Binance Square

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#Ethereum: Taker Buy Volume hits $1.683B in one single hourly candle

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🔔 Tesla Records $600M Bitcoin Profit in Q4 Under Updated Accounting Rules ! Tesla reported a $600 million gain on its Bitcoin holdings in Q4 2024, valuing its BTC stash at over $1 billion under new accounting rules. The updated Financial Accounting Standards Board (FASB) regulations now allow companies to record the market value of crypto assets, replacing the previous system that only recognized losses. Tesla currently holds 9,720 BTC, benefiting from the recent price surge and regulatory changes. ▶️ Check More Details Here: https://bitcointreasuries.net/entities/tesla

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🔥 LATEST: Crypto mobile wallets hit an all-time high of 36M users in the fourth quarter of 2024.

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‼️ Jerome Powell ( #FED Chair ): On cryptocurrency, we believe banks can serve customers as long as they manage the risks.

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⚡ Jerome Powell (Chairman of #FED ): ✔ The US has a strong economy. ✔ The situation on the labour market remains stable (the labour market has cooled). ✔ GDP in 2024 is likely to grow above 2%. ✔ Inflation has approached the target level, but remains slightly high . ✔ Unemployment remains low. ✔ I am mindful of the risks on both sides of the mandate. ✔ Investments in equipment have decreased. ❗️ We don't need to rush to lower interest rates. ✔ We do not follow a set course. ✔ The Fed's monetary policy is well prepared to deal with risks and uncertainties. ❗️ I will not comment on Donald Trump's words. ❗️ I have not had any contact with the president. ✔ The Fed's monetary policy has become significantly less restrictive. ✔ At today's meeting we began discussing the strategic framework, the discussion will be completed by the end of the summer. ✔ The risks to the Fed's dual mandate are well balanced (inflation/labor market). ✔ Removing a paragraph from a cover letter about progress toward an inflation target is NOT a signal. ✔ There is increased uncertainty due to significant policy changes by the new administration, but this should pass. ✔ We are in a very good position now. ✔ We intend to wait patiently and watch. ✔ Economic outlook is very uncertain. ✔ We are in a waiting mode, we need to see what laws the new White House administration will pass. ✔ I expect further progress in the fight against inflation. ✔ It is necessary to act based on US macroeconomic data. ✔ We have a strong economy, it is difficult to radically influence it by changing policy. ✔ The Fed is taking no action until it sees more information. ✔ The Fed is currently working on a range of economic forecasts, much depends on the decrees of the Donald Trump administration. ❗️ There are preconditions for further progress in the fight against inflation. ✔ I don't think we need further cooling of the labor market. ✔ We need consistent macro data showing progress in the fight against inflation.

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#eigen/usdt is forming a falling wedge pattern on the daily chart💫 The price is facing the lower border of the pattern, suggesting a potential bounce📈 A successful bounce could drive the price towards $4.27🎯

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