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Logotipo gigante de Bitcoin mostrado en la Esfera de Las Vegas 🙌

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NEW: 🇳🇴 Hadsel residents are facing higher electricity bills after a Bitcoin mine was closed due to noise complaints. The shutdown, initially seen as a victory by local activists, has resulted in a revenue loss for the town's electricity company, which had to raise charges. #Bitcoin #BitEagleNews #Mining

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JUST IN: 🇸🇻 President Bukele says El Salvador will no longer require external debt to finance its budget and has achieved financial independence. #Bitcoin #BitEagleNews

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According to FedWatch the odds are in favor of a 0.5% rate cut vs 0.25% rate cut. Some analysts believe this is better so the FED doesn't move to slow and can always follow-up with another 0.25% cut next time (instead of 0.5% again). However, most professional analyst still believe it'll be 0.25% rate cut to start with. Most rate cut cycles usually begin with 0.25% as this is the easiest to monitor the situation and it allows to speed up or slow down after seeing the real-time effect. Both are perceived as bullish as the market tries to compare the effects of the rate cuts to what happened last time. To cope with covid a huge emergency rate cut was announced and we all know what happened after 👀 #RateCute #BitEagleNews

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Gm fam. Probably the most important week of the entire year today. First rate cut decision will be made in the next 2 days. These have always had a huge effect on the markets (especially for risk-on assets like crypto). Both short and long term. A rate cut is already confirmed but the question is how much? The 2 options on the table are whether it's a 0.25% or 0.50% rate cut. The FED will follow up with more rate cuts down the line. Will keep you up to date 👌 Tick tock ⏳ #ratecuts #Crypto #BitEagleNews

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Don’t take it from us, listen to the Central Bankers themselves.

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