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US DEBT CLOCK !! #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn
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AAVE RALLY REPORT !! The price of AAVE has rallied by 6% in the past 24 hours. WHY?! The rally appears to be in response to the reported CPI data in the U.S. which was mostly in line with market expectations. The price of AAVE had similar rallies in the past when the reported CPI data was below market expectations. Another possible factor influencing its price could be the recent liquidations on the platform. Notably, Aave witnessed its largest-ever liquidations last week, with nearly $300M liquidated. This event saw the protocol earning $6 million in fees. If you want to buy or trade AAVE, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount! #AAVEUSDT⚡️⚡️ #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn #SahmRule
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MARKET MOVING NEWS! (16/08/24) July’s CPI Data Shows Inflation Slowing To 2.9%, The Lowest In Over Three Years The U.S. Bureau of Labor Statistics’ latest report shows that the Consumer Price Index increased 0.2% on a seasonally adjusted basis, after declining 0.1% in June. The report noted that the index increased 2.9% over the last 12 months through July. This is slightly below the 3% rise economists predicted. Higher housing costs reportedly accounted for most of the rise. When excluding food and energy, the core CPI increased by 0.2% monthly and 3.2% annually, which met expectations. The report also noted that this annual rate is the lowest since March 2021 and the core rate is the lowest since April 2021. The price of BTC fell slightly after the CPI report since many believe the core inflation print above 3% does not provide a clear signal to the Fed to start cutting rates. An interest rate cut would make it cheaper to borrow money, increasing spending towards risk-on assets such as BTC. #Marketupdates #CryptoUpdates #LowestCPI2021 #Write2Earn! #BinanceSquareFamily
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MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx !! Popular self-custodial crypto wallet solution MetaMask has announced the launch of the ‘MetaMask card’ - a self-custody debit card developed in partnership with Mastercard and digital payments company Baanx. MetaMask has launched a pilot program for the card, offering access to “a few thousand digital-only cards" for select users in the United Kingdom and the European Union, with plans to roll out the product in other regions over time. The card allows users to spend their USDC, USDT and wETH cryptocurrencies held on the Linea blockchain, an Ethereum layer-2 network developed by Consensys, the developer of MetaMask. #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn #Write2Earn! #BinanceSquareFamily
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TON And Pyth Team Up For Real-Time DeFi Data !! The Open Network (TON) has reportedly partnered with the decentralised data oracle Pyth Network to deliver high-fidelity data to builders on TON. The partnership will focus on integrating Pyth’s pull oracle data feeds to enable TON developers to “make their apps truly stand out.” Notably, Pyth’s pull oracle technology is designed to offer real-time “institutional-quality price data” required to help build DApps on TON. #tonecoin #DEFİ #LowestCPI2021 #Write2Earn! #BinanceSquareFamily
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