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On a bull trend, Dollar-Cost averaging is your friend in #crypto
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🗞️Thu 25 July - Last 24h #CryptoNews Compact! 🔸$ETH Down Over 7.5% as ETHE Outflows Ramp Up 🔸 $TON blockchain gasless transactions go live following launch of new smart wallet standard. 🔸 Coinbase Asset Management Plans Tokenized Money-Market Fund #RWAs 🔸 Deutsche Telekom will operate a standby masternode for $XDC network 🔸 Galaxy Asset Management has raised $113 M for its Galaxy Ventures Fund. 🔸 Bitcoin miner MARA purchases $100 M worth of $BTC, holdings surpass 20,000 BTC. 🔸 The web3 community platform OpenSocial Protocol raised $6M in strategic funding. 🔸 Kintsu, a liquid staking protocol building on the Monad blockchain, has raised $4 million in a seed funding round. 🔸 Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B 🔸 India to Release Its Crypto Policy Stance by September
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📉 Market Update: Bitcoin and Tech Stocks Take a Hit #Bitcoin and tech stocks are feeling the pressure after stronger-than-expected U.S. GDP data. 📊 💡What to have in mind: Bitcoin Slips: Bitcoin BTC -2.19% continued its downturn, now trading at $63,800. Stock Market Reaction: The Nasdaq Composite dropped by 215.43 points (1.246%) and the S&P 500 fell by 21.93 points (0.4%) after the data release. Economic Growth: U.S. GDP grew by 2.8% in Q2 2024, surpassing forecasts of 2%. Inflation Eases: PCE inflation cooled from 3.4% to 2.6%, edging closer to the Fed’s 2% target. And the most important question: Are rate cuts on the Horizon?: With consumer spending expected to slow and business surveys indicating a weakening outlook, the likelihood of a September rate cut has risen to 85.7%, according to CME's FedWatch tool. Stay tuned for more updates as we navigate these volatile markets! 🌐💹 $BTC $ETH $SOL
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@xImHoveR brother! It was lovely to have you at $QUBIC ‘s Space! They way you respectfully ask things out of curiosity, it was refreshing.
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AI play. $PALM, I accumulate at the green box before. I'd do it again if possible. Meanwhile, I'll watch how it reacts on the recent price range. Recently released its Telegram Mini-App Assistant for PALM with $TON Connectivity. As always, do your own research @palmaierc 🙏
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