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Crypto Revolution Masters

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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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#BTC/USDT ANALYSIS Bitcoin has broken out of its descending triangle pattern with strong volume. It is currently holding above the 100MA, which is acting as a key support level, while the 200MA remains a resistance barrier. A successful retest of the breakout would provide further confirmation for a bullish trend. Keep a close watch for any price action at these critical levels.

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Hey Explorers! 👩‍🚀 We're thrilled to officially launch Binance Moonbix, our new Telegram Mini App Game! 🚀 Embark on Your Adventure: Transform into a crypto space explorer, collect special items, and rack up points along the way. 🌖 Climb the Moonbix Hall of Fame: Rank your points and stay on top by completing tasks for extra points and attempts. 🎁 Stay Tuned for Crypto Rewards: Subscribe to our channel to be the first to know about new campaigns! Prepare for launch in 3...2...1! Hit ‘Play Now’ to start your adventure - TO THE MOON! 👩‍🚀🚀🌖 🔥 Start your Journey here: https://t.me/Binance_Moonbix_bot/start?startapp=ref_577440900&startApp=ref_577440900 Let's goooo #moonbix

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