At 11:00 on September 20, 2024, the Bank of Japan announced its interest rate decision. With the further recovery of risk sentiment, the Bank of Japan may raise interest rates today.
BingX detected a hacker attack at 4 a.m. and has activated the emergency plan. The current loss is not large. BingX hot wallet was hacked and the emergency plan was immediately activated, including emergency transfer of assets and suspension of withdrawals.
#加密市场反弹 #美国大选如何影响加密产业？ #BTC☀ #ETH🔥🔥🔥🔥 #美联储宣布降息50个基点 There has been a small amount of asset loss so far
But the amount is not large and is still being counted. In order to protect the assets of users, it adopts a layered management system. Most of the assets are stored in cold wallets, and only a very small number of assets are stored in cold wallets.
Store it in a hot wallet for withdrawal. When our assets grow, we also need to put them in a cold wallet.
Wall Street Journal Review
Powell cuts interest rates by 50 basis points
The Fed aims to repeat what former Fed Chairman Alan Greenspan did in the 1990s
The 1995 rate cut
This laid the foundation for the subsequent soft landing of the US economy and the prosperity of the 1990s, Standard Chartered Bank said
Bitcoin will rise after the Fed cuts interest rates. Jeff Kendrick of Standard Chartered Bank predicts that Bitcoin and digital assets will continue to rise after the Fed's recent rate cut, which is more driven by strong macroeconomic conditions and the results of the non-US presidential election. That is to say, everyone, hold on.
After the election, it started to take off at the end of the year. Analysts at research and brokerage firm Bernstein said that blockchain-based stablecoins pegged to fiat currencies such as the US dollar are becoming systemically important, and their issuers are now the largest holders of US Treasury bonds, along with sovereign states.
After reaching its peak in April 2022
The circulation of stablecoins has now returned to its historical high of about $180 billion. BlackRock's IBLT reached $24 million in pre-market trading today. The Grayscale address was transferred to Coinbase at around 9 a.m. today, with 84,874 bitcoins and 6,373 ETH worth about $5.36 million.
Trump election in November
The shoe has dropped. You have been waiting for four years. Do you still care about these few months? If your heart is strong enough, if you are a strong person, no external voice can affect you. No matter what the environment or conditions are, don't be swayed.
Many people ask me if we are about to enter a bull market? It is the wash-out period before the bull market, the sideways fluctuation period, because the dealer washes out the chips in the hands of retail investors. Many people ask why the bull market did not start directly when the interest rate was cut. I will use a set of data to prove it to you.
In 1988, the interest rate was raised to 9.75%. In mid-1995, the interest rate began to be lowered, which lasted until 1996, triggering the Asian financial crisis in 1997. In 1999, the interest rate was raised by 6.5%. During the interest rate hike, the IT bubble in 2000 was burst. In 2004, the interest rate was raised to 5.5. In 2007, the interest rate was lowered, and the subprime mortgage crisis was triggered in 2008. In March 2022, the interest rate began to rise. By August last year, the interest rate had risen to 5.25~5.5. Therefore, there is a high probability that a financial crisis will break out in 24 and 26 years. All real industries are not easy to deal with, and US stocks are not easy to speculate. The bonus period of real estate has passed, and a large amount of money will flow into the currency circle. Bitcoin will probably reach 100,000 US dollars by the end of the year.
So why are you panicking? Don't panic.
The idea of Bitcoin and Ethereum contract operation is to focus on high-altitude and supplement with low-long$BTC
