Stay alert ‼️ Altcoin season could be approaching, bringing | Crypto-whiz na Binance Square

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Bullish

Fique alerta ‼️ 
A temporada de altcoins pode estar se aproximando, trazendo oportunidades potenciais para traders e investidores.#CFX.  #DOGE  , #HotTrends  #BOME  

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JPMorgan has increased the likelihood of a U.S. recession by the end of 2024 to 35%, up from their previous estimate of 25%. This change is due to a combination of factors: 1. **Global Market Turmoil**: Recent geopolitical concerns triggered a major crash in global markets, with Japan experiencing its worst single-day loss and the U.S. losing $2 trillion in stock market value. 2. **Weaker Economic Data**: The July jobs report showed weaker-than-expected data, indicating potential problems in the labor market. 3. **Broader Economic Uncertainty**: JPMorgan CEO Jamie Dimon highlighted the overall uncertainty in the financial sector and expressed skepticism about the Federal Reserve's ability to manage inflation effectively. These factors combined have led JPMorgan, along with other institutions like Goldman Sachs, to raise the probability of a recession as economic risks appear to be mounting. #TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions Source: watcher.guru

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Amid the positive Ripple news, XRP, the seventh-largest cryptocurrency, saw a substantial price surge of more than 25%, rising from $0.4922 to $0.6434. Following a brief correction and subsequent rebound, XRP is now trading at $0.6127 The positive momentum might drive XRP to test new resistance levels in the short term, though some volatility is expected. Long-term growth is possible if Ripple continues to overcome regulatory challenges and strengthens its use case in cross-border transactions. However, the broader regulatory environment and overall crypto market volatility remain potential risks. While the outlook for XRP is optimistic, investors should remain cautious and watch for market fluctuations.#TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions

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Finally, Binance lists the TON token with trading pairs TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY available from August 8, 2024, 10:00 UTC. Deposits are open now, with withdrawals starting on August 9, 2024, 10:00 UTC. #XRPVictory #MarketDownturn #BlackRockETHOptions #tonlisting

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Crypto is emerging as a key focus in the upcoming U.S. election, and investors should take notice of the shifting landscape. Kamala Harris has been making significant gains in the polls, now leading with 45.8% support compared to Donald Trump's 43.7% as of August 7th—a notable change from July 29th, when Trump held a slight lead. Betting markets like PolyMarket are also signaling a highly competitive race, with Harris and Trump now tied at 49%. This election could have major implications for the future of crypto, as the next U.S. president will likely influence the regulatory framework governing digital assets. As the election draws closer, it's crucial for investors to stay vigilant and consider how the evolving political environment could impact the cryptocurrency market and their investment strategies. Source: PolyMarket #XRPVictory #BlackRockETHOptions #MarketDownturn

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Although ETH’s price has dropped by 30% since March, the amount of staked ETH has grown by 2%, contributing approximately $7 billion in value and diverging from the overall price trend. The upward trajectory began around September 2023, starting at just above 18%, and has continued to rise through various market conditions, showing resilience despite any volatility in ETH’s price. This suggests that a growing number of participants are choosing to stake their ETH, likely due to the incentives provided by Ethereum’s proof-of-stake consensus mechanism. #MarketDownturn #BlackRockETHOptions #RoninBridgeAlert

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