FED CHAIRMAN, JEROME POWELL SPEAKS!!!

Through its Chairman Jerome Powell, the Fed states that : 1. The US economy is growing and expanding nicely. 2. It is anticipated that inflation will decline throughout this phase.
3.America's labour market is expanding and in excellent shape.

4.Trade and consumer spending are robust. 5.We continue to project a 2% or higher GDP growth.
6.In the medium run, the outcome is favourable for the markets.
#FED #Memecoins #BTC

HUAWEI STOPS BUYING 4G CHIPS FROM AMERICAN CHIP MAKER

Qualcomm, a leading American semiconductor company, has recently confirmed that Huawei, a Chinese telecommunications giant, no longer requires its processors. This announcement comes amidst ongoing tensions between the United States and China over trade and technology restrictions. The confirmation by Qualcomm’s CFO that Huawei will not be purchasing 4G chips from the company in the future underscores the significant shift in the global technology landscape. This move will significantly affect the pockets of Qualcomm, and open up the door for other chip makers to compete.

Biden Administration Receives Hash Criticism from Cardano Founder !!!!!!!!!

The founder of Cardano (ADA), has criticized the regime of Joe Biden concerning his recent acts, with regards to barring banks and financial institutions from holding Bitcoin in direct support to the SEC. Despite the majority of votes at the house of US Senate rejecting the proposal from the SEC, the votes were not enough to deter the president of the United States of America from signing the bill of the SEC into law. Charles Hoskinso had a few words for the president, and I quote:
" Charles Hoskinson, the founder of Cardano , made a harsh criticism of the Biden administration and claimed that President Joe Biden was taking action to sabotage the American cryptocurrency industry. Hoskinson's statements in the May 9 video reveal his criticism of systematic attempts to stifle crypto innovation in the United States.
“A vote for #Biden is a vote against the American cryptocurrency industry,” Hoskinson said. He did not mince his words. He criticized the government for its stance on crypto regulations, listing a number of moves he believes are hindering the development of the industry.
The Securities and Exchange Commission (SEC) has called Cardano's founder overly aggressive in regulating, highlighting restrictive government regulations, especially when it comes to accessing banking services. Recently, he also pointed out various actions taken by the White House, accusing them of hindering the legislature's efforts to support the crypto industry.
President Biden's stance against legislation proposing to overturn SEC rules put in place to deter banks from dealing with crypto assets was a particularly sore point for Hoskinson. The White House issued a statement saying such actions were highly undesirable and vital to protect investors and the broader financial system."
#MicroStrategy
#buythedip
#altcoins

BITCOIN DUMPS

As said some few weeks ago, told you guys the whole market will dump below 60k.

US LAW MAKERS REPEAL' SEC 's LAW BANNING BIG FINANCIAL INSTITUTIONS FROM HOLDING CRYPTOCURRENCY. !!!

The law makers at the US house of senate voted to reject the SEC's new law that bans financial institutions. Below is a picture of the results after voting
#SolanaMemeCoins

This is Interesting

Michael Saylor Speaks!!!!!!

Hey folks, according to Michael Saylor CEO for Microstrategy, the Security Exchange Commission of the USA will go after most promising and we'll known alt coins. In his recent talks he speaks of how the SEC wants to reclassify Ethereum, BNB and other cryptocurrencies into securities. This comes at the back of heavy sanctions and penalties placed on some cryptocurrency exchanges and their founders or CEO's. Governments across the world are enacting more strict laws to regulate and govern this space.

#MicroStrategy #altcoins #BTC

WAIT !!!! BEARISH TREND AHEAD. START SELLING YOUR COIN.

Bitcoin whales are manipulating the market for people to believe that Bitcoin and other altcoins are entering into the phase of a bullish momentum. Most whales will sell in the coming few days, thereby causing the market to crush and failing further to 50k.

NB: Always do your research.

JUST IN: 🇺🇸 FED Chair Jerome Powell says they will not cut interest rates "until we have greater confidence inflation is going back to 2%."

#fomc #BTC‬ #BullorBear

TRON BLOCKCHAIN UPDATE.

Tron blockchain (#Trx ), the cryptocurrency network owned and spearheaded by Justin Sun has announced that the Tron and BitTorrent blockchain network is looking at partnering meme coin projects. According to Justin Sun, he welcomes this idea because it helps in the propagation and mass adoption of the blockchain and cryptocurrency market area. The meme coin industry has been an instant hit for a while now and counting, causing most meme coin major projects to be built on the Ethereum and Solana blockchains. This has led to mass adoption of these two blockchain networks. If you are conceiving thoughts of buying meme coins you have to know the right time and be very cautious when considering such ventures, as the end results of most investments into such areas has resulted into massive losses for most and massive wealth for the few. It's like a game, so for that matter timing is very important. To stay ahead of the curve, buy meme coins before they hit major exchanges. And sell in the first 30 mins after being listed on these major exchanges.

#MemeCoinsSeason
#Bttc
#SHIB🔥🔥
NB: ALWAYS REMEMBER TO DO YOUR RESEARCH, AS THIS IS NOT FINANCIAL ADVICE.

Your tips will be appreciated.

WAIT!!! DO NOT BUY ENA NOW!!!

In the past few days, we have seen a calculated hype by the Ethereum and the big crypto power community concerning the new kid (#ENA) in the block. The project itself is an interesting one, especially considering that it's the first ever ethereum backed stable coin to hit the market. The prospects are great as I've already stipulated here. However, it is currently overpriced, which makes it a bad investment if we're to measure it with sound logic. Mind you, the project has high ROI potential but you should always have it at the back of your mind that the crypto market is very unpredictable, and now the general market has become more volatile over the past few hours. What does this mean for ENA? This means if you have any intention of buying ENA, wait for a huge retracement at almost 50% loss of its current market value. Do not rush into new tokens when they get listed on exchanges. Yes, read that again. One basic trick to making wealth in the crypto industry, is to hold on to your money when new tokens get listed for a day or two before buying and most importantly to do your research.
Do not sell your holdings now except you've gotten the profits you desire. Hold tight, we are few days away from the Bitcoin halving event.

Follow me for more industry happenings. I present the news opportunities out there with a simple and common sense approach.
#BinanceLaunchpool