Bullish on #LDO and #Waves #crypto2023 | Crypto Revolution Masters on Binance Square

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Bullish on #LDO and #Waves #crypto2023

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$VANRY massive bullrun just getting started in weekly timeframe 🚀✍️

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⚡ Jerome Powell (Chairman of #FED ): ✔ The economy is overall strong. ✔ The labor market continues to cool, which is a noticeable improvement from earlier this year. ✔ Our decision today reflects growing confidence that stability in the labour market can be maintained. ✔ Consumer spending remains stable. ✔ Inflation has fallen significantly, but remains above our target level. ✔ The labor market is not a source of increased inflationary pressure. ✔ We expect stable GDP growth. ✔ The risks of rising inflation have decreased. ❗️ The risks of deterioration in the situation with the labor market (employment) have increased . ✔ Our forecasts are not a plan or a solution. ✔ We will adjust the Fed's monetary policy as needed. ✔ If the situation on the labour market worsens, we will be able to respond. ❗️ We can cut rates faster or slower, or take a pause if appropriate (it all depends on the economy.) ✔ Most Fed chairs supported today's 50bp cut, but there was a lot of debate. ✔ Today's interest rate decision is a good start for the Fed to begin easing monetary policy. ✔ I don't think we're behind schedule. ✔ The labor market is stable, we intend to maintain this. ✔ A 50 bp rate cut is NOT an attempt to catch up or a change in the pace of Fed easing. ✔ We want to keep the US economy strong. ✔ Retail sales and GDP for Q2 point to sustainable economic growth - this will also support the labor market. ✔ The Fed was very patient, other global central banks started to lower rates earlier. ✔ There is no need for further cooling of the labor market to reduce inflation to 2%. ✔ We are not yet declaring victory over inflation. ✔ Inflation in the housing market is one of the factors that slows down the process a little. ✔ We could well have cut the rate in July if we had had employment data at that time #JeromePowell

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Liquidation Heatmap showing $21.77b shorts to be liquidated at $70476 on #binance

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🆘 What happened in Crypto in the last 12h? 🆘 • Federal Reserve cuts interest rates by 50bps for the first time in 4 years. • $BTC - After the Fed's big cut and Powell's positive comments, Bitcoin broke above 62K. • $ZETA $ALEO - Coinbase announces the listing of $ZETA and $ALEO. $ALEO has begun trading and $ZETA is scheduled to trade at 9AM PT on Sept 19th. • Binance Labs announced the investment in #hemi_xyz. Hemi is a modular protocol for superior scaling, security, and interoperability, powered by Bitcoin and Ethereum. • $LINA - Linear Finance has teased a big announcement of a new game-changing product. • $TIA - Celestia announced that the Lemongrass update is now live. Lemongrass introduces 1-click interactions over IBC, interchain accounts, and more. • $MKR - Users supplying $USDS on the Sky protocol can earn additional #ChronicleLabs points through the Sky Token Rewards feature. Point holders can later claim tokens at the rate of 1$CLE per 10 points • $OM - MANTRA Chain announced the launch of its mainnet in October. • $XAI $ATH - Aethir and Xai launch a $10M ecosystem grant program to support AI-Powered gaming projects.

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