🔸️Breaking News 🗣️Fed/Kashkari: The possibility of a rat | Crypto De Nostradame en Binance Square

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🗣️Fed/Kashkari: The possibility of a rate cut this year is still possible.  However, if we think there is a need to keep interest rates steady or raise them, we will.

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Dogwifhat (WIF) Overtakes Bitcoin and Ethereum as the Best Performing Cryptocurrency of 2024. With a surprising success, Dogwifhat (WIF) has secured its place as the highest-earning cryptocurrency of the first half of 2024. With a 1,306% increase in price and a market value of $ 2.1 billion, WIF far surpassed all its competitors. Remarkably, Dogwifhat outperformed not only Bitcoin (BTC) and Ethereum (ETH), but also popular meme coins Dogecoin (DOGE) and Shiba Inu (SHIB). According to Forbes, most of these well-established cryptocurrencies did not even make the top 10 list during this period. While Dogwifhat was at the top, other cryptocurrencies also delivered impressive returns. Pepe (PEPE) ranked second with a gain of 815%, while Fetch (FET) ranked third with an increase of 545%. Other notable performers include FLOKI (FLOKI), JasmyCoin (JASMY), Arweave (AR), Core (CORE), Toncoin (TON), Bitget Token (BGB) and Bonk (BONK). Introduced on November 20, 2023, Dogwifhat quickly gained an important place in the digital money market. Its performance has defied the high volatility in the industry and attracted much attention from both investors and traders. According to the latest data, Dogwifhat's price rose 2.9% to $1.79 in the last 24 hours and reached $326.7 million, up 27.88% in 24-hour trading volume. This increase in trading volume indicates a renewed bullish sentiment among traders and increases confidence that WIF has sustainable growth potential for the remainder of 2024. In summary, Dogwifhat's impressive market performance has enabled it to take its place as a pioneer in the cryptocurrency space in the first half of 2024. With its big earnings and growing market cap, WIF has the potential to not only outperform its competitors but continue this momentum in the second half of the year. Investors should keep a close eye on Dogwifhat as it may continue to exhibit momentum that could yield significant returns.

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Breaking News: Powell Speaks Bitcoin is $63,600. The King cryptocurrency has reversed its direction to the upside and investors only want to see continued closes at higher levels. Thus, excessive sales losses in altcoins can be compensated. While the article was being prepared, Powell's statements were continuing. The markets became active because the things he said focused on inflation and interest. Latest inflation data came positive amid rumors that the Fed might make a surprise cut at its meeting at the end of this month. Although PCE data was also positive, there was a 0.5% increase in PPI. Powell has now strengthened his hand in terms of discounts due to both the slackening in employment and the low inflation data in the last few months. In his last statements he said: A Prize Pool Worth 21 Million TL is Awaiting You from BinanceTR! Participating and winning has never been easier. Sign up to BinanceTR from this link and get your first crypto! “The economy has performed quite well in the last few years. It was expected that the economy would slow down and inflation would weaken this year, something like this is happening. The second quarter of inflation represents progress with three good values. Now that inflation has subsided, we will review both tasks. If we see an unexpected weakening in the labor market, this will require us to react. If the Fed waits for inflation to reach 2% to cut, it will be waiting too long. In the first period, inflation was driven by the demand for goods and initially appeared to be temporary; The Fed could not accurately predict how quickly the economy would return to normal, and we remained more cautious. "I've always thought there was a way to reduce inflation without the kind of labor market stress typical of past tightening cycles."

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OpenAI is developing a reasoning technology that will revolutionize artificial intelligence OpenAI, the leading artificial intelligence company, is apparently working on a new technology. According to reports, the Microsoft-backed company is developing a new reasoning technology. Microsoft-backed ChatGPT, Sora and Dall-E developer OpenAI is reportedly working on a mysterious project codenamed "Strawberry". It is stated that the company is trying to bring a new approach to the development processes of artificial intelligence models with this project. It is said that with the Strawberry project, OpenAI will add advanced reasoning ability to large language models. According to Reuters, OpenAI even keeps its plans for Strawberry and information about how it works within the company. However, it is currently unclear when Strawberry will be announced to the public. On the other hand, thanks to Strawberry, artificial intelligence will not only be able to produce answers to queries, but will also be able to plan ahead enough to navigate the internet autonomously and reliably, with a mechanism that the company calls "deep research". However, there is another more important detail. It is said that the Strawberry project is actually the mysterious Q* (pronounced Q-Star) project that we have heard about in the past. In recent months, it has been stated that Q* could be a turning point in the search for superintelligence, also known as artificial general intelligence (AGI). He also showed off a research project that OpenAI claims has new human-like reasoning capabilities at an internal meeting last Tuesday. It is unclear whether this is the Strawberry project, but signs point to it.

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🗣️Fed President Jerome Powell: •The economy has performed very well in the last few years. •The labor market is coming into better balance. •We will no longer see an overheated labor market. •We didn't gain good confidence in the first quarter, but we strengthened our confidence with 3 better readings in the second quarter. •The economy is expected to slow down this year and inflation will continue to decline. •If we wait for inflation to drop to 2%, we will be waiting too long. •We will make the FOMC interest rate decision at the meeting based on the data we have. •Three data from the second quarter increased confidence that inflation was falling •If we see an unexpected weakening in the labor market, this will require us to react. •We will not send any signals regarding any meeting today. •The Fed's job is to make decisions based solely on data, not policy. •We need more progress on inflation. •Our mistake was to think that inflation was temporary. •The authorities want to be sure that inflation will decrease.

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The value of assets managed by BlackRock reached $10.6 trillion Assets under management of BlackRock, the world's largest asset manager, reached a record level of $10.6 trillion. But revenue and assets under management did not meet expectations Assets under management at BlackRock, the world's largest asset management company, reached an all-time high of $10.6 trillion in the second quarter. Although assets under management reached a record high, the company narrowly missed revenue expectations as inflows were stagnant. BlackRock reported revenue of $4.81 billion for the quarter ending June 30, up 8 percent year over year. However, in the Bloomberg survey, the expectation was 4.84 billion dollars. A net inflow of $82 billion was achieved in assets under management, an increase of 1.7 percent compared to the previous quarter. However, the inflow expectation of $112 billion could not be met due to insufficient long-term flows. Stock inflows fell to $6 billion as corporate clients rebalanced. Fixed income inflows also fell short of expectations, with one large client withdrawing $20 billion.

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