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IsItRecessionYet?
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oldman Sachs has increased the probability of a U.S. recession next year from 15% to 25%, highlighting concerns despite a seemingly stable economy. They suggest that while the risk is still limited, the Federal Reserve may need to cut rates by 25 basis points in the coming months. This forecast contrasts with more aggressive predictions from JPMorgan and Citigroup. How do you interpret these differing economic outlooks and the potential impact on markets? Share your thoughts! đŸ“‰đŸ’Œ
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📣$BTC all tps smashed đŸ€€đŸ€€đŸ€€đŸŻ 📣1145% profit doneđŸ„‚đŸ”„ 📣Follow me and check out my profile to see the accuracy of my signals đŸ„‚đŸ”„ # $SOL $KAVA #BTC_MarketPanic_Dip #IsItRecessionYet?
📣$BTC all tps smashed đŸ€€đŸ€€đŸ€€đŸŻ
📣1145% profit doneđŸ„‚đŸ”„

📣Follow me and check out my profile to see the accuracy of my signals đŸ„‚đŸ”„

#

$SOL $KAVA
#BTC_MarketPanic_Dip #IsItRecessionYet?
🚀 Ripple Inching Closer to Stablecoin Release 🚀San Francisco-based Ripple is on the verge of launching its much-anticipated stablecoin, Ripple USD (RLUSD). A new webpage dedicated to the project signals its imminent debut. 🌐💾 Key Points: - Ripple USD (RLUSD): Ripple's stablecoin, aimed at facilitating instant cross-border money transfers and payment services, was initially unveiled in April with a focus on regulatory compliance. 📜🔒 - Launch Details: The name was announced at the XRP Ledger Community Summit in Amsterdam in June. Ripple President Monica Long predicts a 2024 launch. 🚀📅 = Platform and Expansion: - Initial Issuance: RLUSD will be issued on the XRP Ledger and Ethereum, with potential support for other chains in the future. 🔗 - Potential Chains: Solana is considered a strong candidate for RLUSD issuance, while Cardano has struggled with stablecoin partnerships. 🏩 = Market Competition: - Rivals:RLUSD will compete with major stablecoins like Tether's USDT and Circle's USDC. Tether's USDT, with a market cap of $114 billion, is the third-largest cryptocurrency. đŸ’ȘđŸœđŸ’” = Industry Dynamics: - Comments: Ripple's CEO, Brad Garlinghouse, recently made headlines after a confrontation with Tether's CTO. However, he clarified that there was no intention to attack Tether. đŸ—ŁïžđŸ€ Ripple's RLUSD is set to make waves in the stablecoin market, promising regulatory compliance and enhanced cross-border payment capabilities. Stay tuned for more updates on this exciting development! 🌊📈 #IsItRecessionYet? #BTC_MarketPanic_Dip #RippleStablecoin

🚀 Ripple Inching Closer to Stablecoin Release 🚀

San Francisco-based Ripple is on the verge of launching its much-anticipated stablecoin, Ripple USD (RLUSD). A new webpage dedicated to the project signals its imminent debut. 🌐💾
Key Points:
- Ripple USD (RLUSD): Ripple's stablecoin, aimed at facilitating instant cross-border money transfers and payment services, was initially unveiled in April with a focus on regulatory compliance. 📜🔒
- Launch Details: The name was announced at the XRP Ledger Community Summit in Amsterdam in June. Ripple President Monica Long predicts a 2024 launch. 🚀📅

= Platform and Expansion:
- Initial Issuance: RLUSD will be issued on the XRP Ledger and Ethereum, with potential support for other chains in the future. 🔗
- Potential Chains: Solana is considered a strong candidate for RLUSD issuance, while Cardano has struggled with stablecoin partnerships. 🏩

= Market Competition:
- Rivals:RLUSD will compete with major stablecoins like Tether's USDT and Circle's USDC. Tether's USDT, with a market cap of $114 billion, is the third-largest cryptocurrency. đŸ’ȘđŸœđŸ’”

= Industry Dynamics:
- Comments: Ripple's CEO, Brad Garlinghouse, recently made headlines after a confrontation with Tether's CTO. However, he clarified that there was no intention to attack Tether. đŸ—ŁïžđŸ€
Ripple's RLUSD is set to make waves in the stablecoin market, promising regulatory compliance and enhanced cross-border payment capabilities. Stay tuned for more updates on this exciting development! 🌊📈

#IsItRecessionYet? #BTC_MarketPanic_Dip #RippleStablecoin
Now the million-dollar question is: will BTC hit 32k? For now, BTC isn't heading to that level; there's a gap between 32k-34k. No one's talking about the fact that there's a 20% chance BTC might hit that level and fill the gap for further upward momentum, but not in the current scenario. If we look at the liquidation map, every long trader is now liquidated, with a lot of liquidations up to the 70k level. Fear is at 26, the lowest it's been in months. Everyone is fearful, but since 2021, whales have been buying much more than they did that year. They're actively buying and buying, while you're selling and selling. Hold your position; BTC will correct itself soon. #EmperorMajesty #BTC_MarketPanic_Dip #IsItRecessionYet? #SOFR_Spike $BTC #BTC☀ {spot}(BTCUSDT)
Now the million-dollar question is: will BTC hit 32k?

For now, BTC isn't heading to that level; there's a gap between 32k-34k. No one's talking about the fact that there's a 20% chance BTC might hit that level and fill the gap for further upward momentum, but not in the current scenario. If we look at the liquidation map, every long trader is now liquidated, with a lot of liquidations up to the 70k level.

Fear is at 26, the lowest it's been in months. Everyone is fearful, but since 2021, whales have been buying much more than they did that year. They're actively buying and buying, while you're selling and selling.

Hold your position; BTC will correct itself soon.

#EmperorMajesty #BTC_MarketPanic_Dip #IsItRecessionYet? #SOFR_Spike $BTC #BTC☀
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