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#BTC🧐🧐
US Elections and Bitcoin.
will it significantly influence market trends.
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Fed Ends Tight Monetary Policy with First Rate Cut !!!!!!¡!!!!!! Details from Fed Minutes..... The meeting that initiated interest rate hikes has historically resulted in negative outcomes for the cryptocurrency market. Now, we will review the specifics from the meeting where the first rate cut occurred. Comments from members regarding the potential for faster rate reductions and other positive aspects may bolster risk markets. The Fed is expected to lower rates by 100 basis points this year, and the median forecasts from members were revised accordingly in the last meeting. Significant downward revisions in rate predictions are seen as positive. Key takeaways from the minutes can be summarized as follows: Fed minutes have been released. Participants emphasized the importance of conveying that decisions depend on economic development and risk balance rather than following a predetermined path. A few participants noted that a 25 basis point cut could signal a more predictable normalization path. Many Fed officials stressed the importance of indicating that quantitative tightening may continue for some time, even if rates are lowered. While Fed officials predict the economy will remain strong for the September meeting, growth forecasts for the second half of 2024 have been revised downward to reflect weaker labor indicators. The likelihood of a 50 basis point cut in November has increased. Follow Us Like Share Comment Repost

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Dogecoin Predictions BTC is experiencing a downturn while DOGE finds buyers around the $0.11 mark, reflecting a 2% increase. Maintaining support at $0.105 is necessary for further upward attempts. Trader Tardigrade suggests we might soon witness an upward breakout after a long consolidation period similar to that of 2021 for Dogecoin $0.109762. “DOGE has shown a convergence pattern after breaking a long downtrend, resembling the final consolidation before the Great Bull Run of 2021.” If proven correct, price target of $1.8 could repeat the previous cycle’s peak, with upward momentum potentially increasing at $0.5. Follow Us Like Share Comment

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Binance Announces Scheduled Maintenance for Tron Network Wallet Suspension of Deposit and Withdrawal Transactions Prior to the maintenance, all deposit and withdrawal transactions on the Tron network will be halted at 09:55 AM (UTC). Binance officials indicated that these services would resume once the network stabilizes following the maintenance. A key point for users to note is that trading of Tron network tokens, specifically TRX, will continue unaffected during the maintenance. Users can perform buy and sell transactions without interruptions on the exchange platform. Resumption of Transactions After Maintenance Following the completion of wallet maintenance, Binance will reactivate deposit and withdrawal transactions on the Tron network. No additional announcements will be made for this process, and transactions will proceed smoothly once the network is stable. Users are encouraged to check Binance’s official channels for updates on transaction statuses. This maintenance is aimed at enhancing the efficiency and security of wallet functions on the Tron network. Binance remains committed to providing a secure and seamless trading experience for its users. Follow Us X / trend / IG Like / Share Comment Repost

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#SUI 🧐🧐🧐🧐🧐 The Sui price is facing resistance around the $2 mark. However, improving market conditions might support a push towards this level soon. If the coin reaches $2.18, it would mark a significant increase of nearly 10% from its current value. Such a move could bring the cryptocurrency closer to its all-time high (ATH), potentially sparking renewed investor interest. The current Chaikin Money Flow (CMF) value is 0.01, indicating a neutral market sentiment. It recently showed a bullish trend before flattening out. the Layer One blockchain has locked a total value of $2.98 billion. This marks a significant milestone for the platform as it continues to expand its presence in the decentralized finance (DeFi) space. Sui’s rise in total value locked (TVL) reflects growing confidence in the network’s capabilities and increasing adoption across various DeFi projects. While the Sui price has pulled back slightly from its recent highs, the continued growth in transactions and DeFi activity suggests the potential for further gains. With resistance near $2 and increasing interest from key platforms, Sui remains a token to watch, especially if it makes another push toward its all-time high. Follow Us X / trend / IG Like / Share Comment Repost Like

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🚨🚨Blockchain Life in Dubai 🎤🎤 The market is on the rise again. But it's too early to state the "bull run" – too many things are still ahead of us. Why attend? 🎯 Expert market analysis from the figures shaping it right now. Founders and C-level from Tether, Ledger, Animoca Brands, TON, and Litecoin will share exclusive insights. 🎯 Behind-the-scenes negotiations are the key reason to go. Just one conversation between two whales could define your portfolio. 🎯Networking with industry leaders. Success is impossible without valuable connections. Among 10,000 attendees from 120 countries, you’ll easily find exactly who you need. Follow Us X / trend / IG Like / Share Comment

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