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Fed Interest Rate Released : 5.00% Bullish 📈

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$NEIRO Right entry 😁🔥🔥

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#Educational Post What is a block halving? A block halving is a process of reducing the rate at which new cryptocurrency units are generated. Specifically, it refers to the periodical halving events that decrease the block rewards provided to miners. Why are halvings significant? Halvings are at the core of the cryptocurrency economic models because they ensure coins will be issued at a steady pace, following a predictable decaying rate. Such a controlled rate of monetary inflation is one of the main differences between cryptocurrencies and traditional fiat currencies, which essentially have an infinite supply. How many Bitcoin halvings have there been previously? As of July 2019, there have only been two previous Bitcoin halving events. These occurred on the 28th of November, 2012 and the 9th of July, 2016. At the time of the first halving event, the price of Bitcoin was $12.31 and at the time of the second halving event, the price of Bitcoin was $650.63. There will only ever be 32 bitcoin halving events. Once all of these have occurred, there will be no more halvings and there will also be no more Bitcoin created as the maximum supply will have been reached.

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Key Highlights for Today: 1. Major Events Impacting the Crypto Market: • Interest Rate Announcement: A significant event that could cause major market movements. • TOKEN2049 Singapore: A key crypto event that begins today and is likely to drive attention and news. 2. Anticipated Market Volatility: • Bitcoin could see swings of $2,000 to $3,000 as a result of the interest rate announcement. • Last night's price action hinted at the volatility expected today. 3. Trading Strategy for the Day: • Limit Your Risk: Avoid heavy investments and use low leverage in trades. • Take Profits Early: If you're in profit before the FOMC meeting, consider locking it in to reduce risk. • Stay Cautious: Over-trading and high leverage could lead to significant losses, so watch the market closely. 4. "Buy the Rumor, Sell the News": • Be prepared for potential shifts in sentiment, where the market might react to news differently than expected.

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Najnovšie správy

Real-World Asset Tokenization Seen As Major Disruptor For Financial Institutions

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Tokenized Real-World Assets To Surpass Cryptocurrencies In Value, Says Chainlink Co-Founder

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SEC Settles With Rari Capital Over Misleading Claims And Unregistered Broker Activity

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Ethereum(ETH) Drops Below 2,300 USDT with a 2.11% Decrease in 24 Hours

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US Stock Indices and Spot Gold Erase Gains Post-Fed Rate Decision

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