After last night's meeting, the US Federal Reserve (Fed) decided to continue maintaining the current interest rate. This decision was made in the context that the economy, labor market and inflation are still growing strongly compared to set goals.

As expected, the Fed has agreed to maintain the base interest rate in the range of 5.25% to 5.5% from July until now. This happened at the second consecutive meeting of the Open Market Committee (FOMC) after raising interest rates 11 times, including 4 times in 2023.

After this information, until this morning, Bitcoin price increased from 34,680 USD to the price at the time of writing of 35,700 USD.

After the meeting, Fed Chairman Powell still suggested raising interest rates in the future. He said that temporarily suspending interest rate increases does not mean that interest rate increases again will not happen. At the same time, Mr. Powell also said that there is still 'a long way' to control inflation.

Mr. Powell said the Fed has not made any decisions about future meetings. In addition, he also confirmed that the Fed is not currently thinking about reducing interest rates in the near future.

#Airdrop
🎁#MemeLandAirdrop Hunting - MEME Farming 🌽

Currently, many of you know this bet and have farmed it recently. Their project just released a new task, this article reminds us to do it and update it.

Instructions below 👇

1/ Visit: memecoin.org/farming

2/ Connect to Twitter (X): Receive 690 Points

3/ Connect wallet to receive Token -> Sign wallet

4/ Do tasks to receive more Points, including renaming Profile to receive 6900 Points.

5/ Ref code: Captain#8234to receive more Points

📌 Note: If you want to cheat in this bet, you should find a Twitter account (X) that has recently interacted or been active for a while to avoid being considered a bot. Just creating a new account won't work, guys.

What time of day is best to profit from your trading?

Making $100 a day trading cryptocurrency is possible, but it requires effort, patience, and discipline. In addition, the transaction amount also plays an important role.

Furthermore, make sure to start trading with stablecoins (stable cryptocurrencies), stay updated with the latest news, set realistic goals, choose the right exchange, and trade according to a solid plan.

The best trading time to make profits is from 8:00 am to 4:00 pm local time. Note that cryptocurrency trading typically occurs between 8:00 a.m. and 4:00 p.m. local time. However, the cryptocurrency market operates 24/7, but your trades will be most likely to be filled when there is the highest level of activity. Outside of these hours, when trading volume is lower, opening and closing trades may be more difficult.

The number of wallets owning at least 10 BTC exploded

According to Santiment, the number of wallets holding at least 10 BTC has reached an all-time high. There are now 157,400 wallets reaching this threshold, surpassing the previous record in 2019.

Bitcoin accumulation has increased steadily over the last 20 months, showing a significant increase in the number of wallets containing 10 BTC. As of February 2022, the number of these wallets increased by about 8.12%.

Over the past 20 months, an additional 11,806 addresses have reached the threshold of holding more than 10 BTC. But this increase in the number of addresses does not necessarily represent increased market participation, as these small balances could be the result of large transactions or once-held assets.

Bitcoin price

Bitcoin recovered and reached a high of $26,910 on October 14, after news of the SEC not appealing the Grayscale lawsuit decision. Previously, a court fined the SEC for refusing to convert a Bitcoin (BTC) trust to Grayscale's ETF.

Many investors choose the exchange as the starting place for their journey to experience the cryptocurrency market.

Above are some basic factors to help choose the right trading platform ⤵️

#C98

Those who remain in the market at this time will automatically become millionaires next season. Saying that makes it square 👍
I already know which coin is good enough to buy. I also know the entrance/exit signs. Know the tricks to avoid being scammed. The cycle and skills are all there. Confidence in the downtrend is still optimistic. All the elements to win.
#binance  #blockchain