Binance Square

Mila Rose

Perdagangan Terbuka
Pengguna ini telah mengaktifkan fitur berbagi Portofolio Kripto atau Analisis Aset di profil Binance Square miliknya.
Pemilik PEPE
Pemilik PEPE
Pengguna ini memiliki PEPE >10 USD dengan rasio lebih dari 50% dalam portofolionya (tidak termasuk stablecoin dan mata uang fiat).
Pedagang Sesekali
Lencana ini mencerminkan aktivitas perdagangan pengguna dan dibagi menjadi beberapa tingkatan berdasarkan jumlah perdagangan yang diselesaikan dalam jangka waktu tertentu (bulanan).
6.8 Bulan
Pengguna mendaftar pada 2024-08-18. 6.8 bulan telah berlalu sejak saat itu.
Passionate about stocks, charts, and profit. šŸ“ˆšŸ’µTrader by profession, success by strategy. šŸ“ˆšŸ’¼since 2018 Having 6 year experience.
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Portfolio
Aug 10, 2024
Back in 2013, a friend and I were watching the prices rise and decided that at $200 a piece, Bitcoin looks like a good buy - weā€™ve decided to ā€œinvestā€ a few thousand shekels into it. At the time it was difficult to acquire Bitcoin - you couldnā€™t just get some with a credit card. There were various creative and tricky ways to obtain ā€œdigital goldā€ but most were either too complicated or took too long. The easiest, most straightforward way was through ā€œdealersā€ - simply buying ā€˜coins for cash. Through a mutual acquittance weā€™ve received contact details for a prime Bitcoin ā€œdealerā€ in our area. We were told that the guy is very private and wonā€™t just sell to anybody. We had to be introduced and meet in a designated location for the transaction. Iā€™ve gotta admit, this sounded really fishy. I couldnā€™t help but see the parallels between our situations and a drug deal. Still, weā€™ve decided to risk it. We contacted the guy via email and quickly agreed on an amount, meeting time and location. So, my friend and I took out some cash, a laptop, and drove to the designated meeting location in order to carry out the exchange. When we got there (it was a cafe), we had to wait for about 20 minutes until the guy showed up. We were sitting there, cash on hand, nervous for whatā€™s about to happenā€¦ Well, whaddaya know? The big bad ā€œdealerā€ we were nervous to meet was this 13 year old kid sitting on a Bitcoin stockpile that he mined a couple of years earlier when it was easy. Weā€™ve ended up sharing a a drink, making the exchange and laughing at the absurdity of the situation. That kid made some serious dough - I wonder what heā€™s up to todayā€¦ #TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Back in 2013, a friend and I were watching the prices rise and decided that at $200 a piece, Bitcoin looks like a good buy - weā€™ve decided to ā€œinvestā€ a few thousand shekels into it. At the time it was difficult to acquire Bitcoin - you couldnā€™t just get some with a credit card. There were various creative and tricky ways to obtain ā€œdigital goldā€ but most were either too complicated or took too long.
The easiest, most straightforward way was through ā€œdealersā€ - simply buying ā€˜coins for cash.
Through a mutual acquittance weā€™ve received contact details for a prime Bitcoin ā€œdealerā€ in our area. We were told that the guy is very private and wonā€™t just sell to anybody. We had to be introduced and meet in a designated location for the transaction. Iā€™ve gotta admit, this sounded really fishy. I couldnā€™t help but see the parallels between our situations and a drug deal.
Still, weā€™ve decided to risk it. We contacted the guy via email and quickly agreed on an amount, meeting time and location. So, my friend and I took out some cash, a laptop, and drove to the designated meeting location in order to carry out the exchange.
When we got there (it was a cafe), we had to wait for about 20 minutes until the guy showed up. We were sitting there, cash on hand, nervous for whatā€™s about to happenā€¦ Well, whaddaya know? The big bad ā€œdealerā€ we were nervous to meet was this 13 year old kid sitting on a Bitcoin stockpile that he mined a couple of years earlier when it was easy. Weā€™ve ended up sharing a a drink, making the exchange and laughing at the absurdity of the situation.
That kid made some serious dough - I wonder what heā€™s up to todayā€¦
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Aug 6, 2024
šŸ”„U.S. Presidential Election: New poll shows Kamala Harris strengthening against Donald Trump āš”ļø A new poll confirmed Sunday, August 4, 2024, that Kamala Harris -- set to name her vice presidential pick imminently -- has drawn level with Donald Trump, transforming a White House race that the Republican had been increasingly confident he was going to win. āš”ļøAs the November 5 election rapidly approaches, Harris has erased the growing lead that Trump was building before President Joe Biden dropped his reelection bid. āš”ļø According to the CBS News/YouGov poll released Sunday, Harris has a one percent advantage on Trump nationwide -- compared to Trump's previous five point edge on Biden. āš”ļøIn the swing states that decide the Electoral College contest in US elections, Harris and Trump -- who shocked the world with his 2016 presidential victory but was beaten by Biden in 2020 -- are equal. āš”ļøThese are considered good numbers for a Democratic candidate who parachuted into the race only last month, when Biden bowed to mounting concerns over his mental acuity and ability at 81 years old to serve a second term. āš”ļøBut Harris, who is Biden's vice president and the first Black and South Asian woman ever in the role, is in a sprint to define herself to voters before Trump does. #BTCMarketPanic #RecessionOrDip? #MarketDownturn #uselections #Election2024
šŸ”„U.S. Presidential Election: New poll shows Kamala Harris strengthening against Donald Trump
āš”ļø A new poll confirmed Sunday, August 4, 2024, that Kamala Harris -- set to name her vice presidential pick imminently -- has drawn level with Donald Trump, transforming a White House race that the Republican had been increasingly confident he was going to win.
āš”ļøAs the November 5 election rapidly approaches, Harris has erased the growing lead that Trump was building before President Joe Biden dropped his reelection bid.
āš”ļø According to the CBS News/YouGov poll released Sunday, Harris has a one percent advantage on Trump nationwide -- compared to Trump's previous five point edge on Biden.
āš”ļøIn the swing states that decide the Electoral College contest in US elections, Harris and Trump -- who shocked the world with his 2016 presidential victory but was beaten by Biden in 2020 -- are equal.
āš”ļøThese are considered good numbers for a Democratic candidate who parachuted into the race only last month, when Biden bowed to mounting concerns over his mental acuity and ability at 81 years old to serve a second term.
āš”ļøBut Harris, who is Biden's vice president and the first Black and South Asian woman ever in the role, is in a sprint to define herself to voters before Trump does.
#BTCMarketPanic #RecessionOrDip? #MarketDownturn #uselections #Election2024
Jan 21
See original
BTC Price at the end of week: 93890
BTC Price at the end of week: 93890
Jan 20
Predict BTC Price & Win up to $300 USDC!
šŸš€ Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next?
Drop your prediction for this week's $BTC closing price in the comments of this post šŸ‘‡
šŸŽThe top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! 
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
ā€¼ļøEnsure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at  2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Nov 23, 2024
Bearish
$MOODENG Volume size downing, Fake candles are being produced, Sharp downfall is ahead. Keep watching, Thank me later.
$MOODENG Volume size downing,
Fake candles are being produced,
Sharp downfall is ahead.
Keep watching,
Thank me later.
Sep 12, 2024
VIP NEWS UK Bill Recognizes Digital Assets as Personal Property Under New Law The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better protection for owners in fraud cases and disputes. It also positions the UK as a leader in global digital asset regulation, boosting its economy and legal services. āž–āž–āž–āž–āž– - Crypto Bullets#DOGSONBINANCE #CPI_BTC_Watch #USNonFarmPayrollReport #TelegramCEO #dappOSTheFutureofIntents
VIP NEWS

UK Bill Recognizes Digital Assets as Personal Property Under New Law

The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better protection for owners in fraud cases and disputes. It also positions the UK as a leader in global digital asset regulation, boosting its economy and legal services.
āž–āž–āž–āž–āž–
- Crypto Bullets#DOGSONBINANCE #CPI_BTC_Watch #USNonFarmPayrollReport #TelegramCEO #dappOSTheFutureofIntents
Aug 19, 2024
šŸ”„VIP NEWS Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction While Bitcoinā€™s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the networkā€™s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days. āž–āž–āž–āž–āž– - Crypto Bullets #PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021 #MarketDownturn #SahmRule
šŸ”„VIP NEWS
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoinā€™s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the networkā€™s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days.
āž–āž–āž–āž–āž–
- Crypto Bullets
#PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021 #MarketDownturn #SahmRule
Aug 13, 2024
Bearish
Why a small surge we witnessed on $BTC ? Nasdaq closes up 2%, Dow adds 400 points as tame inflation data fuels market comeback ā•Stocks rallied Tuesday, moving closer to last month's record levels following the first of two key U.S. inflation reports this week. ā•The Dow Jones Industrial Average ended the day up 408 points, or 1.04%, at 39,765.64. The Nasdaq Composite jumped 2.43% to close at 17,187.61, while the S&P 500 added 1.68% to 5,434.43. The broad market index is now roughly less than 5% from its record high from July. ā•The producer price index ā€” a measure of wholesale prices ā€” increased 0.1% last month. Economists expected the reading to show a monthly gain of 0.2% in July, in line with the previous month's reading, according to Dow Jones consensus estimates. ā•The PPI encouraged investors ahead of the more widely followed consumer price index out Wednesday morning, which is expected to show an increase of 0.2% month over month, up from a 0.1% decline in the prior month. The data could give an uncertain market some direction after last week's wild moves. ā•"Today's PPI data gives further evidence that the tide has turned on inflation, especially in services," said David Russell, global head of market strategy at TradeStation. "[I]nvestors who dumped stocks recently expecting lower prices might be frustrated. The other shoe isn't dropping." Or is it a boobytrap by the whales? Iā€™ll go with the above quoted line. #CryptoMarketMoves #BinanceLaunchpoolTON #MarketDownturn #SahmRule #BlackRockETHOptions
Why a small surge we witnessed on $BTC ?

Nasdaq closes up 2%, Dow adds 400 points as tame inflation data fuels market comeback
ā•Stocks rallied Tuesday, moving closer to last month's record levels following the first of two key U.S. inflation reports this week.
ā•The Dow Jones Industrial Average ended the day up 408 points, or 1.04%, at 39,765.64. The Nasdaq Composite jumped 2.43% to close at 17,187.61, while the S&P 500 added 1.68% to 5,434.43. The broad market index is now roughly less than 5% from its record high from July.
ā•The producer price index ā€” a measure of wholesale prices ā€” increased 0.1% last month. Economists expected the reading to show a monthly gain of 0.2% in July, in line with the previous month's reading, according to Dow Jones consensus estimates.
ā•The PPI encouraged investors ahead of the more widely followed consumer price index out Wednesday morning, which is expected to show an increase of 0.2% month over month, up from a 0.1% decline in the prior month. The data could give an uncertain market some direction after last week's wild moves.
ā•"Today's PPI data gives further evidence that the tide has turned on inflation, especially in services," said David Russell, global head of market strategy at TradeStation. "[I]nvestors who dumped stocks recently expecting lower prices might be frustrated. The other shoe isn't dropping."
Or is it a boobytrap by the whales?
Iā€™ll go with the above quoted line.
#CryptoMarketMoves #BinanceLaunchpoolTON #MarketDownturn #SahmRule #BlackRockETHOptions
Aug 12, 2024
ā—ļøBill Gates golden question to Warren Buffet! āž–Bill Gates : Your Stocks business is so simple with this capital that you hold anything that goes up by the time and you fill your pockets then why the youngsters and rest of the follows that and gets rich? āž–Warren Buffetā€™s replied: Because everyone wants to get rich by the night, itā€™s necessary to just follow the process and be patient. šŸ”„šŸ”„šŸ”„These golden words of Warren Buffet is for every crypto trader and investor.šŸ”„šŸ”„šŸ”„ #CryptoMarketMoves #WBTCUnderScrutiny #MarketDownturn #SahmRule #BlackRockETHOptions
ā—ļøBill Gates golden question to Warren Buffet!
āž–Bill Gates : Your Stocks business is so simple with this capital that you hold anything that goes up by the time and you fill your pockets then why the youngsters and rest of the follows that and gets rich?
āž–Warren Buffetā€™s replied: Because everyone wants to get rich by the night, itā€™s necessary to just follow the process and be patient.
šŸ”„šŸ”„šŸ”„These golden words of Warren Buffet is for every crypto trader and investor.šŸ”„šŸ”„šŸ”„
#CryptoMarketMoves #WBTCUnderScrutiny #MarketDownturn #SahmRule #BlackRockETHOptions
Aug 12, 2024
Must go through it, so you can make some bucks.
Must go through it, so you can make some bucks.
Aug 12, 2024
Meta AI predicts XRP price for 2025

Notably, Metaā€™s advanced AI platform has offered a quite diverse potential XRP price range in 2025, ā€œreflecting various expert opinions and predictions,ā€ with those on the lower end suggesting a price target between $0.71 and $0.96 and the more optimistic ones suggesting a range between $0.80 and $4.12. In other words, the Meta AI chatbot expects the price of this crypto asset to grow by 23.93% to 67.56% in 2025 from its current situation ā€“ if the more bearish sentiment prevails or to continue increasing by 39.64% to a whopping 619.12% in a best-case scenario. Among the sources of information that Llama 3.1 used to draw its XRP price prediction is AMBCrypto, which suggests a price target of $1.33 by 2025, ā€œbased on the overall positive sentiment surrounding XRP in the long term, while analysts at Changelly have set a minimum price target at approximately $1.00.

Furthermore, as Meta AI observed:

ā€œCoin Price Forecast anticipates Rippleā€™s price to reach $0.46 by the end of 2025. PricePrediction.Net shares a 2025 bullish outlook for XRP, projecting a potential high of $1.00. Margexā€™s technical analysts speculate that Ripple (XRP) could reach a maximum price of $4.00, possibly reading new all-time highs.ā€

For the time being, XRP is changing hands at the price of $0.57292, which indicates a 2.42% decline in the last 24 hours but a 23.20% gain across the previous seven days and an accumulated advance of 11.54% on its monthly chart, according to the latest data retrieved on August 12.

#professorxchopper #Write2Earn! #BinanceTurns7
Aug 12, 2024
VIP NEWS Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case Rippleā€™s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities regulator should not seek to appeal. He noted that the SEC ā€œlost on everythingā€ important, highlighting that the court firmly rejected the notion that XRP itself could be classified as a security. āž–āž–āž–āž–āž– - Crypto Bullets #TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
VIP NEWS
Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case
Rippleā€™s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities regulator should not seek to appeal. He noted that the SEC ā€œlost on everythingā€ important, highlighting that the court firmly rejected the notion that XRP itself could be classified as a security.
āž–āž–āž–āž–āž–
- Crypto Bullets
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Aug 11, 2024
Aug 11, 2024
Trumpā€™s Plan for a U.S. Bitcoin Reserve Looks Far-Fetched āž– The idea of building a national Bitcoin reserve took a hit this past week, as the largest cryptocurrency tanked amid macroeconomic fears. āž–That Bitcoin is volatile isnā€™t new, but the plunge comes on the heels of former President Donald Trump committing to building a ā€œstrategic national Bitcoin stockpile.ā€ At a Bitcoin conference in July, he vowed not to sell the Bitcoin the U.S. already holds, which usually comes from law enforcement seizures. āž–In a Fox Business interview, he suggested crypto could somehow solve the national debt. ā—ļøLast Week Markets āž– It was a dramatic week for stocks, starting with a big selloff on Monday over fears of a recession and the unwinding of the so-called yen carry trade, when traders borrow cheap yen, use it to invest in assets like U.S. stocks, then sell when the currency rallies. Stocks were volatile for the rest of the week. A big wild card going forward: the U.S. presidential election battle between Vice President and Democratic presidential candidate Kamala Harris and Republican nominee Donald Trump. On Tuesday, Harris named Minnesota Gov. Tim Walz as her running mate. On the week, the Dow industrials DJIA : 0.13% lost 0.60%, the S&P 500 SPX : 0.47% was down 0.04%, and the Nasdaq Composite COMP : 0.51% was off 0.18%. #TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Trumpā€™s Plan for a U.S. Bitcoin Reserve Looks Far-Fetched
āž– The idea of building a national Bitcoin reserve took a hit this past week, as the largest cryptocurrency tanked amid macroeconomic fears.
āž–That Bitcoin is volatile isnā€™t new, but the plunge comes on the heels of former President Donald Trump committing to building a ā€œstrategic national Bitcoin stockpile.ā€ At a Bitcoin conference in July, he vowed not to sell the Bitcoin the U.S. already holds, which usually comes from law enforcement seizures. āž–In a Fox Business interview, he suggested crypto could somehow solve the national debt.
ā—ļøLast Week Markets
āž– It was a dramatic week for stocks, starting with a big selloff on Monday over fears of a recession and the unwinding of the so-called yen carry trade, when traders borrow cheap yen, use it to invest in assets like U.S. stocks, then sell when the currency rallies. Stocks were volatile for the rest of the week. A big wild card going forward: the U.S. presidential election battle between Vice President and Democratic presidential candidate Kamala Harris and Republican nominee Donald Trump. On Tuesday, Harris named Minnesota Gov. Tim Walz as her running mate. On the week, the Dow industrials
DJIA : 0.13% lost 0.60%, the S&P 500
SPX : 0.47% was down 0.04%, and the Nasdaq Composite
COMP : 0.51% was off 0.18%.
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Aug 11, 2024
Harris responds to Trump Fed comments, will release economic plan in coming days ā€¢ Vice President Kamala Harris fiercely disagreed with former President Donald Trumpā€™s suggestion this week that U.S. presidents should have a say in the Federal Reserveā€™s interest rate decisions. ā€œI couldnā€™t ... disagree more strongly,ā€ Harris told reporters in Arizona, referring to the Republican presidential nomineeā€™s comments. ā€œThe Fed is an independent entity, and as president, I would never interfere in the decisions that the Fed makes.ā€ ā€¢ With just 87 days until the election, the vice president also told reporters that she is preparing to unveil an official economic policy platform in the coming days. ā€¢ ā€œItā€™ll be focused on the economy and what we need to do to bring down costs and also strengthen the economy,ā€ said Harris. Harrisā€™ comments drew a stark contrast between her and Trump, who said this week that the president should ā€œhave at least [a] sayā€ in Fed policy. ā€¢ ā€œI think that in my case, I made a lot of money, I was very successful, and I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the chairman,ā€ Trump said Thursday during a press conference at his Mar-a-Lago resort. ā€¢ After this past weekā€™s tumult in the stock markets, many investors called on Powell to move more quickly to lower interest rates, ahead of the bankā€™s widely expected cuts coming in September. ā€¢ For his part, Powell says he wants to know that the economy is going to hit the bankā€™s traditional 2% inflation target before he and the board move to cut interest rates. #TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Harris responds to Trump Fed comments, will release economic plan in coming days
ā€¢ Vice President Kamala Harris fiercely disagreed with former President Donald Trumpā€™s suggestion this week that U.S. presidents should have a say in the Federal Reserveā€™s interest rate decisions.
ā€œI couldnā€™t ... disagree more strongly,ā€ Harris told reporters in Arizona, referring to the Republican presidential nomineeā€™s comments. ā€œThe Fed is an independent entity, and as president, I would never interfere in the decisions that the Fed makes.ā€
ā€¢ With just 87 days until the election, the vice president also told reporters that she is preparing to unveil an official economic policy platform in the coming days.
ā€¢ ā€œItā€™ll be focused on the economy and what we need to do to bring down costs and also strengthen the economy,ā€ said Harris.
Harrisā€™ comments drew a stark contrast between her and Trump, who said this week that the president should ā€œhave at least [a] sayā€ in Fed policy.
ā€¢ ā€œI think that in my case, I made a lot of money, I was very successful, and I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the chairman,ā€ Trump said Thursday during a press conference at his Mar-a-Lago resort.
ā€¢ After this past weekā€™s tumult in the stock markets, many investors called on Powell to move more quickly to lower interest rates, ahead of the bankā€™s widely expected cuts coming in September.
ā€¢ For his part, Powell says he wants to know that the economy is going to hit the bankā€™s traditional 2% inflation target before he and the board move to cut interest rates.
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Aug 11, 2024
India newsletter: Could India be a hedge for a U.S. recession? ā–Ŗļø The big story āž–A surprise interest rate hike from the Bank of Japan and the Federal Reserveā€™s willingness to put a September rate cut ā€œon the tableā€ put global stock markets on the brink. āž–Then came a disappointing U.S. employment report that ultimately pushed stocks off their cliff and spoilt the party for investors. āž–Global stock markets fell the most on Monday in over two years. Japanā€™s Nikkei cratered by more than 12% and the S&P 500 fell 3% ā€” yet Indiaā€™s Nifty 50 only lost 2.7%. āž–The Indian benchmark (of emerging market stocks) has also started to outperform the S&P 500 year-to-date. āž–Could these market moves foretell how Indian equities might perform in the future if the U.S. does indeed fall into a recession? āž– Taking stock of current economic conditions worldwide could partly address that question. While Europe is struggling and China is slowing down, India is booming. āž–Such a disconnected global economic picture means ā€œit is unlikely that a macroeconomic distress in the U.S. becomes a global event in 2025,ā€ Venugopal Garre, head of India research at Bernstein, told clients this week. Bank failures in the U.S. and Europe in 2023 and Chinaā€™s multi-year housing slump provide evidence of the impact of significant shocks being localized rather than allowed to spread worldwide. āž–Historically, a U.S.-led recession typically leads to fund flows into safe-haven assets, such as U.S. dollars, Treasurys and gold. In contrast, risk assets like stocks and emerging market currencies fall. A depreciating Indian rupee, which hit an all-time low this week against the greenback, would dent total returns in U.S. dollars, euros or sterling, as the case may be for foreign investors. #TONonBinance #XRPVictory #MarketDownturn #SahmRule #india_crypto
India newsletter: Could India be a hedge for a U.S. recession?
ā–Ŗļø The big story
āž–A surprise interest rate hike from the Bank of Japan and the Federal Reserveā€™s willingness to put a September rate cut ā€œon the tableā€ put global stock markets on the brink.
āž–Then came a disappointing U.S. employment report that ultimately pushed stocks off their cliff and spoilt the party for investors.
āž–Global stock markets fell the most on Monday in over two years. Japanā€™s Nikkei cratered by more than 12% and the S&P 500 fell 3% ā€” yet Indiaā€™s Nifty 50 only lost 2.7%.
āž–The Indian benchmark (of emerging market stocks) has also started to outperform the S&P 500 year-to-date.
āž–Could these market moves foretell how Indian equities might perform in the future if the U.S. does indeed fall into a recession?
āž– Taking stock of current economic conditions worldwide could partly address that question. While Europe is struggling and China is slowing down, India is booming.
āž–Such a disconnected global economic picture means ā€œit is unlikely that a macroeconomic distress in the U.S. becomes a global event in 2025,ā€ Venugopal Garre, head of India research at Bernstein, told clients this week. Bank failures in the U.S. and Europe in 2023 and Chinaā€™s multi-year housing slump provide evidence of the impact of significant shocks being localized rather than allowed to spread worldwide.
āž–Historically, a U.S.-led recession typically leads to fund flows into safe-haven assets, such as U.S. dollars, Treasurys and gold. In contrast, risk assets like stocks and emerging market currencies fall. A depreciating Indian rupee, which hit an all-time low this week against the greenback, would dent total returns in U.S. dollars, euros or sterling, as the case may be for foreign investors.
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #india_crypto
Aug 11, 2024
10-year Treasury yield dips as traders weigh state of U.S. economy after latest data āž–U.S. Treasury yields were lower Friday as investors continued to assess the state of the U.S. economy after labor data buoyed sentiment. āž–The yield on the 10-year Treasury was around 6 basis points lower at 3.94% at 4 p.m. ET. Nonetheless, it was holding near the level it was at last week before a weak U.S. jobs report helped trigger a run of global market volatility. āž–The yield on the 2-year note was up less than 1 basis point on the day at 4.051%. Yields and prices move in opposite directions, and one basis point equals one one-hundredth (0.01%) of a percent. āž–Initial claims for unemployment insurance totaled 233,000 in the latest week, the Labor Department reported Thursday, a lower figure than expected. That helped drive the S&P 500 index to its best day since 2022, also boosting Asia-Pacific and European markets on Friday. āž–Traders meanwhile trimmed bets on a 50 basis-point rate cut from the Federal Reserve in September, now pricing in roughly even odds of that or a 25 basis-point move lower, according to CMEā€™s FedWatch Tool. Fresh economic data is in short supply until Tuesday, when the producer price index reading for July is due. #TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
10-year Treasury yield dips as traders weigh state of U.S. economy after latest data
āž–U.S. Treasury yields were lower Friday as investors continued to assess the state of the U.S. economy after labor data buoyed sentiment.
āž–The yield on the 10-year Treasury was around 6 basis points lower at 3.94% at 4 p.m. ET. Nonetheless, it was holding near the level it was at last week before a weak U.S. jobs report helped trigger a run of global market volatility.
āž–The yield on the 2-year note was up less than 1 basis point on the day at 4.051%.
Yields and prices move in opposite directions, and one basis point equals one one-hundredth (0.01%) of a percent.
āž–Initial claims for unemployment insurance totaled 233,000 in the latest week, the Labor Department reported Thursday, a lower figure than expected.
That helped drive the S&P 500 index to its best day since 2022, also boosting Asia-Pacific and European markets on Friday.
āž–Traders meanwhile trimmed bets on a 50 basis-point rate cut from the Federal Reserve in September, now pricing in roughly even odds of that or a 25 basis-point move lower, according to CMEā€™s FedWatch Tool.
Fresh economic data is in short supply until Tuesday, when the producer price index reading for July is due.
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Aug 11, 2024
Bitcoin Price Prediction For Tomorrow & This Week šŸ”ŗThese predictions made keeping in view the upcoming economic reports, forecasted political developments, current #btc candles and market correction. - Bitcoin price prediction on Monday, August, 12: price 61015 dollars, maximum 65286, minimum 56744. - Bitcoin forecast on Tuesday, August, 13: price 60183 dollars, maximum 64396, minimum 55970. - Bitcoin price prediction on Wednesday, August, 14: price 67367 dollars, maximum 72083, minimum 62651. - Bitcoin forecast on Thursday, August, 15: price 66265 dollars, maximum 70904, minimum 61626. - Bitcoin price prediction on Friday, August, 16: price 68769 dollars, maximum 73583, minimum 63955. āœ”ļø Hope you will get some good bucks šŸ‘ #TONonBinance #XRPVictory #MarketDownturn #SahmRule
Bitcoin Price Prediction For Tomorrow & This Week
šŸ”ŗThese predictions made keeping in view the upcoming economic reports, forecasted political developments, current #btc candles and market correction.
- Bitcoin price prediction on Monday, August, 12: price 61015 dollars, maximum 65286, minimum 56744.
- Bitcoin forecast on Tuesday, August, 13: price 60183 dollars, maximum 64396, minimum 55970.
- Bitcoin price prediction on Wednesday, August, 14: price 67367 dollars, maximum 72083, minimum 62651.
- Bitcoin forecast on Thursday, August, 15: price 66265 dollars, maximum 70904, minimum 61626.
- Bitcoin price prediction on Friday, August, 16: price 68769 dollars, maximum 73583, minimum 63955.
āœ”ļø Hope you will get some good bucks šŸ‘
#TONonBinance #XRPVictory #MarketDownturn #SahmRule
Aug 11, 2024
Bearish
šŸš« BTC/USD is trying to continue recovery Amid investors fleeing risk assets, BTC price plummeted to 49,440 after breaking several supports. However, this drop was predictably used for buying, leading the cryptocurrency back to 61,000 resistance. Currently, the nearest support is at 60,125, above which there is potential for breaking resistance and growing toward 63,200-64,000. Losing this support will lead to a decline toward 56,000-57,750. If BTC drops further, it might be bought up again. $BTC {spot}(BTCUSDT) #TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
šŸš« BTC/USD is trying to continue recovery
Amid investors fleeing risk assets, BTC price plummeted to 49,440 after breaking several supports. However, this drop was predictably used for buying, leading the cryptocurrency back to 61,000 resistance. Currently, the nearest support is at 60,125, above which there is potential for breaking resistance and growing toward 63,200-64,000. Losing this support will lead to a decline toward 56,000-57,750. If BTC drops further, it might be bought up again.
$BTC
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Aug 11, 2024
šŸšØVIP NEWS šŸ¤– SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torresā€™ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law violations. While Ripple celebrated the 94% reduced fine, the regulator underscored that the court acknowledged Rippleā€™s securities violations. āž–āž–āž–āž–āž– - Crypto Bullets#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
šŸšØVIP NEWS
šŸ¤– SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes
The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torresā€™ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law violations. While Ripple celebrated the 94% reduced fine, the regulator underscored that the court acknowledged Rippleā€™s securities violations.
āž–āž–āž–āž–āž–
- Crypto Bullets#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
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