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đš BREAKING đš #MicroStrategy buys another 7,420 BTC for $458 million. It now holds 252,220 #Bitcoin worth nearly $10 billion. đ„ #Binance #crypto2024
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Fed Rate Cuts: History Shows Mixed Market Reactions, Not Always a Crash đ„ The recent 50 basis point (bps) rate #cut by the Federal Reserve has sparked concerns about a potential market crash, particularly in stocks and crypto. While many believe that large rate cuts often lead to #recessions , historical data shows otherwise. In 1984 and 1987, similar cuts led to market pumps, while in 2001 and 2007, they resulted in market dumps. The likelihood of a recession now is low, given strong #GDP , falling inflation, and rising global liquidity. A crypto bull run could precede the next recession, with Bitcoin potentially reaching $150,000 and altcoins surging 20x to 100x. Do you agree? Leave your thoughts below đđ» If you enjoy my content, feel free to tip me â€ïž #Binance #crypto2024
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PancakeSwap Announces v4 Launch đ€© #PancakeSwap is set to release its v4 version, aiming to tackle key issues in automated market makers, such as limited pricing flexibility, impermanent loss for liquidity providers, and high gas fees. With 43 million users and $836 billion in trading volume across 9 blockchain networks, the update will focus on enhancing #liquidity provision, cross-chain operability, and user experience. If you enjoy my content, feel free to tip me â€ïž #Binance #crypto2024
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Bitcoin Surges as BlackRock Unveils Its Potential to Outperform Gold đ BlackRock, the worldâs largest asset manager, has published a white paper emphasizing Bitcoinâs potential as a #hedge against macroeconomic and geopolitical risks. Following this, Bitcoinâs price surged by nearly 6%, reaching $62,600 for the first time in weeks. The report praises Bitcoinâs decentralized and #permissionless nature, which makes it a unique asset detached from traditional fiscal and political risks. BlackRockâs analysis shows Bitcoin outperforming the S&P 500 and #gold during major geopolitical events. Analysts predict Bitcoin could rally to $92,000 by year-end, driven by global monetary instability and geopolitical concerns. If you enjoy my content, feel free to tip me â€ïž #Binance #crypto2024
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#Donald Trump uses #Bitcoin to pay at a bar in New York. đșđž Do you think that crypto payment will be used in every where in the next few years? đ€© #Binance #crypto2024
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