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Elizabeth Warren is calling for a 75 basis point cut in the Fed rate this week.
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Switzerland's largest bank UBS will launch the world's first tokenized money market fund based on the Ethereum blockchain 🔥🎯 Finally, good news on the air)
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For some reason, short-term holders are selling in a panic.
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The situation at the moment: - 6 days before the US Fed rate cut (high probability) - ETFs bought more than 1 million BTC - 4 days before the elections - only 2.3 million BTC on exchanges and this number is falling - Only 450 new bitcoins are mined per day - Microstrategy announced plans to raise $42 billion to buy Bitcoins - Bitcoin ETF from BlackRock bought 435 thousand BTC from January 2024
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Yesterday, spot Bitcoin ETFs bought 11,820 Bitcoins. Insanity
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The number of open vacancies on the labor market (JOLTS Job Opening): turned out to be lower than expected and amounted to 7.443 million jobs. The probability that the US Fed will once again reduce the interest rate in November just increased.
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