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What do you all think about #
Pepe
and why is it slow moving?
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đđđ„đ„The probability of the Fed cutting interest rates by 25BP in November is 62.5%đđđŸđđ According to CMEâs âFedWatchâ, the probability of the Federal Reserve reducing interest rates by 25 basis points by November is 62.5%, and the probability of reducing interest rates by 50 basis points is 37.5%. The probability of a cumulative interest rate cut of 50 basis points by December is 44.5%, and the probability of a cumulative interest rate cut of 75 basis points is 44.7%; The probability of a cumulative interest rate cut of 100 basis points is 10.8%. đ„đ„đGrayscale launched Aave Investment Fundđđđ„đ„ Asset management company Grayscale Investments announced the launch of a new Aave governance token AAVE investment fund. This fund is only open to qualified investors and has added Grayscaleâs single asset crypto investment product line. đđđ„đ„Vitalik Buterin suggests that efforts can be made to increase bandwidth requirements and lower the minimum limit to 16 or 24 ETHđđđđ„ Ethereum co-founder Vitalik Buterin stated in a post that perhaps developers should recognize that 32ETH is a higher threshold for stakers than bandwidth requirements, and may slightly increase the bandwidth requirements in exchange for lowering the minimum staking deposit limit to, for example, 16 or 24ETH. Once Ethereum completes the peerdas upgrade, the minimum deposit limit can also be reduced to 1 ETH. #GrayscaleRollsOutAaveFund #IranianMissilesPlummetsBTC #BTCReboundsAfterFOMC #SECCryptoAccounting
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Daily Crypto News: Mainstream Coins - After 4 consecutive days of decline, $BTC hit bottom and slightly rose yesterday, with significant support from the $60,000 integer level and 60 day moving average. Positive sentiment is gradually accumulating; - $ETH has been falling for 6 consecutive days, and the issuance of Eigenlayer coins and #ETH spot ETFs have not effectively promoted the improvement of ETH prices. ETH/BTC has once again approached its previous low, showing a preference for BTC funds in the market under a cold sentiment; - Bitcoin fell below $60,000 last night, and Altcoins followed suit, with $TON chains rebounding first. #BTCUptober #BTCReboundsAfterFOMC #IranianMissilesPlummetsBTC
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đ„đ„đđIran launched missiles in retaliation against Israel, markets fall downđ„đ„âïžđ -$BTC has fallen for three consecutive days due to market panic caused by the Iran-Israel conflict. Yesterday, it fell to around $60,000. The market may have significant fluctuations. Please be aware of the risks. -$ETH has fallen for 4 consecutive days, with a 24-hour drop of 5.48%. Compared with BTC, it has fallen into a weak trend again. The issuance of Eigenlayer (EIGEN) seems to have failed to open up more imagination space for the Ethereum ecosystem. With the lackluster fundamentals, the market is more interested in competitors such as SOL and SUI. -As Bitcoinâs decline widened yesterday, altcoins experienced a general decline. A series of popular TON blockchain game MEME tokens listed recently fell sharply. The current market environment is complex and volatile. The uncertainty of the extent of the Fedâs interest rate cuts and unexpected events are disturbing the market. On this Monday, Federal Reserve Chairman Powellâs hawkish remarks lowered market expectations for a 50 basis point rate cut in November, causing short-term volatility in the U.S. stock market. However, in the end, the three major indexes still closed slightly higher, and the overall performance in September was strong. The Dow Jones Industrial Average and the S&P 500 both hit new closing highs and achieved five consecutive monthly increases. Although there is debate in the short term about the extent of the Fedâs interest rate cuts, in the long run, it has become a market consensus that the Fed has a lot of room for interest rate cuts, which will be beneficial to long-term liquidity easing for global stock markets and crypto markets. However, last night Iran launched a missile attack on Israel in military retaliation, and short-term panic quickly had a price impact on the US stock and crypto markets, causing the market to fall. From historical experience, conflicts in the Middle East often lead to a fall in asset prices such as the crypto market.
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đ„đđ $BTC will pump hard after this retracement. There is a big tension now, between Iran and Israel. I will expecting a big retrace. #BTCReboundsAfterFOMC #BTCPredictedNewATH #IranianMissilesPlummetsBTC #BTCUptober
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$SHIB đđđđ„ Shiba Inu (SHIB) on verge of becoming profitable againđ„đ„đđđ Data provided by IntoTheBlock shows that 50% of Shiba Inu (SHIB) holders are currently profitable at a price of $0.00001718, suggesting a potential for profit growth if prices continue to rise. Also, 73% of SHIB's large holders are whales, which means that these market players could significantly influence price fluctuations via their buying and selling actions. The price movements of Shiba Inu are closely tied to the overall cryptocurrency market, especially Bitcoin, due to their strong correlation. Despite some conflicting signals about SHIB's prospects, there are signs of growing demand on trading platforms, highlighted by a substantial increase of 128.19% in bid-ask volume imbalance. Investors should keep an eye on the important price level of $0.00001700, as surpassing this threshold may trigger a more robust upward movement and enhance profitability for SHIB investors. Data provided by IntoTheBlock shows that 50% of Shiba Inu (SHIB) holders are currently profitable at a price of $0.00001718, suggesting a potential for profit growth if prices continue to rise. Also, 73% of SHIB's large holders are whales, which means that these market players could significantly influence price fluctuations via their buying and selling actions. The price movements of Shiba Inu are closely tied to the overall cryptocurrency market, especially Bitcoin, due to their strong correlation. Despite some conflicting signals about SHIB's prospects, there are signs of growing demand on trading platforms, highlighted by a substantial increase of 128.19% in bid-ask volume imbalance. Investors should keep an eye on the important price level of $0.00001700, as surpassing this threshold may trigger a more robust upward movement and enhance profitability for SHIB investors.
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