Wawasan Bitcoin-Ruler(@Bitcoin-Ruler)

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$BTC What are your predictions for Bitcoin's price movement in the upcoming week? Do you expect it to go up or down, and what reasons are you basing your analysis on? Share your thoughts using the hashtags #Entry and #BinanceTournament"

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ARKM is on fire and has taken yet another$ARKM breakout step! It has confirmed its support at 1.2$, and with substantial volume, it's progressing steadily towards our subsequent target of 2.65$. Hope $BTC stays green too! We noted 570% gains in the last rally.

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What Is Binance Pay and How to Use It? Here

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🚨Federal Reserve Likely to Maintain Interest Rates in August, Predicts CME According to Odaily, the CME's 'Federal Reserve Watch' has predicted that the Federal Reserve is likely to maintain its current interest rates in August, with a probability of 94.3%. The chance of a 25 basis point cut is estimated at 5.7%. Looking ahead to September, the likelihood of the rates remaining unchanged drops to 27.4%. The probability of a cumulative 25 basis point cut increases to 68.6%, while the chance of a cumulative 50 basis point cut is predicted at 4.0%. These predictions provide an insight into the potential future actions of the Federal Reserve, which can have significant impacts on the economy.

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🚨Archegos Founder Bill Hwang Found Guilty In Fraud Case According to Odaily, Bill Hwang, the founder of Archegos Capital Management, has been found guilty of multiple charges related to fraud and market manipulation. The verdict came after a two-month trial that concluded on Wednesday. Hwang, 60, was charged alongside co-defendant and CFO Patrick Halligan. Despite pleading not guilty to one count of conspiracy to commit fraud, three counts of fraud, and seven counts of market manipulation, ten out of the eleven charges were upheld. Hwang now faces up to 20 years in prison for each of the upheld charges, although the actual sentences could be significantly less. Prosecutors claimed that Hwang secretly amassed substantial shares in multiple companies without actually owning the stocks. Archegos' market position once inflated to $160 billion due to their deceptive trading strategy, which concealed their true scale from the market. By using borrowed funds and derivatives that did not require public reporting, Hwang and his hedge fund were able to remain anonymous. Archegos collapsed in March 2021, leading to a rush on Wall Street to liquidate positions related to the firm. When the dust settled, trading counterparts including Credit Suisse Group, Morgan Stanley, and Nomura suffered losses exceeding $10 billion. This incident also laid the groundwork for the bankruptcy of Credit Suisse.🔥

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