đ Breaking: Donald Trump dives into DeFi with World Liberty Financial! Once a crypto skeptic, Trumpâs new venture highlights cryptoâs mainstream status. đ
Launching a decentralized borrowing/lending platform on Aave & Ethereum, Trumpâs move signals a major shift in the political landscape. With his sons and Barron Trump at the helm, and a controversial figure like Chase Herro involved, the project has raised eyebrows. Yet, the reduced insider token allocation aims to quell concerns.
Crypto in politics? Share your thoughts below! đ #Crypto #DeFi #Trump2024
đ **Crypto Meets Politics: Trump Launches DeFi Protocol!**
In a surprising twist, Donald Trump, once a vocal critic of crypto, has announced World Liberty Financial, a new DeFi protocol. This move underscores how deeply crypto has embedded itself into our economic and political landscape.
- **Launch Details**: Unveiled on September 16, the platform promises decentralized borrowing and lending, built on Aave and Ethereum.
- **Token Allocation**: Initial concerns over a 70% insider allocation have been addressed, reducing it to 20%, with 63% available for public sale.
- **Leadership**: Eric, Donald Jr., and Barron Trump are leading the initiative, with Chase Herro as the project's architect.
- **Controversies**: Questions about legitimacy and technical validity persist, especially with outsourced development and past code issues.
What do you think about this intersection of crypto and politics? Share your thoughts in the comments!
đ **Crypto Market Update!** đ
- **Mixed Prices:** Traders are eyeing the upcoming Federal Reserve meeting. The crypto fear and greed index remains in the fear zone at 34.
- **Immutable X (IMX):** Best performer, up 17.7%, hitting its highest since Aug. 31. NFT sales surged 125% in 24 hours, driven by Guild of Guardians Heroes.
- **Other Movers:** Celestia (TIA) rose 15%, Bittensor (TAO) up 13%. Increased demand and AI interest fueled gains.
- **Fed Decision:** 52% expect a 0.50% rate cut, 47% see a 0.25% cut. Rate cuts could boost altcoins, but risks remain.
đŹ **What are your thoughts on the Fed's impact? Comment below!**
$ETH /USDT Skyrockets! ... BIG Upward move .. Huge Gain within minimum time .. hit 2350 milestone ..
Ethereum ($ETH ) has surged to $2,345.20 with a bullish run of +2.74%, showing strong momentum! With a 24h high at $2,347.47, itâs testing new levels of resistance, and traders are keeping an eye on whether it will break through. The recent low of $2,263.29 seems like a distant memory as this rally pushes upward. Volumes are massive with 248,760.66 ETH traded in the last 24 hours! Is this the breakout we've been waiting for? Keep an eye on this upward trendâitâs heating up fast!
#FOMC #NeiroOnBinance #BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI #BullBanter
đš Lisk Stuck in a Downtrend? $LSK Needs a Miracle to Break Free đŹ
Looking at $LSK âs chart, the situation isnât looking too promising. The token has been stuck in a steady downtrend for months, and the 12-hour timeframe continues to show weakness. With the price hovering around $0.77 and below key moving averages (SMA 7, 25, and 99), it seems like the bears are firmly in control. đ
What really stands out is the low trading volumeâbuyers just arenât stepping up. The MACD lines are flat, with minimal positive momentum, signaling that thereâs no real push to reverse the current trend. If LSK canât break above $0.80 in the near future, we could see a drop to $0.70 or even lower. This pattern of lower highs and sideways movement suggests that bulls are exhausted. đ»
While itâs not all doom and gloom, the odds are stacked against a breakout anytime soon. Lisk holders might want to brace for a rough ride unless we see a sudden uptick in volume or a shift in sentiment.
#Binance has recently posted an article discussing the upcoming FOMC (Federal Open Market Committee) meeting scheduled for September 17-18, 2024.
Here's what to watch and how it could affect crypto:
- Possible Rate Cuts: Betting markets see a 70% chance of a 0.25% cut and a 29% chance of a bigger cut of 0.50% or more.
- Impact on Crypto: Lower rates can be good for riskier assets like Bitcoin, which jumped 375% between February 2020 and February 2022 when rates were near zero.
- Weaker Dollar: Lower rates could weaken the US dollar, making cryptocurrencies more attractive as an alternative.
- Bitcoin Halving Effect: The recent Bitcoin halving in April could drive prices up, based on patterns seen 6-18 months after past halvings.
- Seasonal Trends: Crypto prices often dip in September but pick up in October, which could be boosted by the expected rate cuts.
While many believe rate cuts could help crypto prices rise, others think the good news might already be reflected in current prices.
How big the rate cuts are could also affect whether fears of a recession hold back gains.
Keep an eye on how this key event plays out!
#fomc #ratecuts #Bitcoin #TrendingTopic
â ïžBREAKING UPDATE REGARDING $UXLINK $1MBABYDOGE $IMX
UXLINK
Support Levels: $0.50, $0.45Resistance Levels: $0.55, $0.60Next Big Move: A breakout above $0.55 could indicate a strong upward trend, potentially targeting $0.60. Conversely, a pullback to $0.50 might offer a buying opportunity if the support holds.
1MBABYDOGE
Support Levels: $0.0017, $0.0016Resistance Levels: $0.0019, $0.0020Next Big Move: Watch for a break above $0.0019, which could lead to a rally towards $0.0020. If the price falls to $0.0017, it could be a good entry point, provided the support level is maintained.
ImmutableX
Support Levels: $1.30, $1.20Resistance Levels: $1.50, $1.60Next Big Move: A breakout above $1.50 could drive the price towards $1.60. On the downside, a pullback to $1.30 might present a buying opportunity if the support holds.
#uxlink #1MBABYDOGE #IMX #bitcoinâïž #Write2Earn!
#BTCâ Massive move... #MyHaters Where are you Gone...?? Massive $60k value hit $BTC ..
Check my prediction .. $BTC đŻ Analysis prediction results ..
$BTC /USDT is on FIRE!
đ„ Bitcoin ($BTC) just blasted past the $60,000 mark, currently trading at $60,208.98, a staggering +3.60% surge! In the last 24 hours, BTC hit a high of $60,265.12, showing incredible strength with no signs of slowing down. After rebounding from a low of $57,493.30, Bitcoin's momentum is unstoppable, with volumes of over 24,724 BTC being traded!
This breakout above $60K has traders buzzingâare we headed for new ATHs? Buckle up, because the next move could be massive!
#bitcoinâïž #DOGSONBINANCE #NeiroOnBinance
$SUI is ahead of the marketđ
Even taking into account the high dominance of $BTC and minimal volatility in the market, this asset consistently shows strong growth impulses and stands out from all the alts. In the last month alone, the coin responded with growth of 42%.
Considering that in such a weak market, the asset shows itself so well, one can already imagine what will happen with a small correction of #BTC dominance, the coin will decently dominate against the background of 80% of coins on the market. I think we will see $3-$4 by January.
#SUIđ„ #NeiroOnBinance #FOMC #BinanceLaunchpoolCATI #GrayscaleXRPTrust
1/ We just wrapped up our ZK Power Hour Event with @ZKVProtocol, @Calderaxyz, and @singularityzk, what an amazing day!
We heard ZK insights from @robviglione, @0xkatz, @rolfversluis, @Li_Steven1, and @jemma_xu, followed by incredible canapes and networking!