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Adoption is a must but what matters is your portion. #BTCNextMove
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This was undoubtedly a hawkish Fed rate cut, as anticipated. Projections for rate cuts in 2025 were reduced from three to two, while inflation expectations surged. Inflation remains a significant concern in the United States. #BTCNewATH
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Name: Kasongo Coin Ticker: KGO Description: Kasongo Coin is the ultimate underdog meme token, inspired by a fearless warthog who defies the odds and takes on the jungle. Representing rebellion, determination, and humor, KGO is the king of meme tokens, ruling the crypto jungle with confidence and style. It's taking over Blum memepad by storm. #MemeWatch2024
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This week is crucial for crypto traders due to the release of significant economic data that could influence market trends, especially during the ongoing parabolic price run. Here’s why: 1. NY Fed Consumer Inflation Expectations (Monday): This data reflects public sentiment about inflation, which could impact market confidence and expectations for Federal Reserve actions. Positive or negative surprises may influence risk-on or risk-off sentiment. 2. OPEC Monthly Report (Wednesday): Oil price trends affect broader market sentiment, including commodities and risk assets like cryptocurrencies. Any supply or demand changes could indirectly shift crypto market dynamics. 3. November CPI Inflation Data (Wednesday): As a key inflation metric, the Consumer Price Index (CPI) will shape expectations for the Fed's December meeting. Lower-than-expected inflation could boost risk assets, including crypto, while higher inflation might trigger sell-offs. 4. November PPI Inflation Data (Thursday): The Producer Price Index (PPI) indicates upstream price pressures. A higher reading may signal inflation persistence, impacting the Fed's rate path and consequently crypto markets. 5. Initial Jobless Claims (Thursday): This reflects labour market health. A stronger labour market could lead to hawkish Fed policy, while weaker data might support a dovish stance, influencing the parabolic rally in crypto. 6. US Import/Export Price Index Data (Friday): These indices affect inflation expectations and trade competitiveness, indirectly influencing crypto adoption and investment flows. Since these events are the last major data points before the Fed's December meeting, they hold significant weight in determining market momentum and volatility in the crypto space. Crypto traders should be prepared for potential sharp moves triggered by these announcements. #BTCBreaking100KAgain?
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Hey sent Solana but I have not received anything, how long does it?
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