NEW: The global Bitcoin ATM market is rebounding, nearing 20 | Laraxen on Binance Square

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NEW: The global Bitcoin ATM market is rebounding, nearing 2022's peak. 
The 🇺🇸 US leads with over 32K machines, followed by 
🇨🇦 Canada with more than 3K and 🇦🇺 Australia at 1,120+.
$BTC 
#BitcoinAtm  #Us #Canada  #AustraliaCrypto 

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US Treasury Secretary Yellen: Interest rate cut is positive when looking at the outlook in the economy... Inflation risks have also decreased significantly... $BTC SOON 🔜 100 K 🚀🚀🚀🚀🚀🚀🚀🚀

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After the Fed interest rate decision, dot-plot also came The US Federal Reserve (Fed) announced the interest rate decision that the whole world is eagerly waiting for last night and made a big discount of 50 basis points. Beyond this discount, the expectations of the Fed and its members for the future were also important. Looking at the expectations, also known as dot charts, Fed members think that more discounts should be made in 2025. Author Hakan Ateşler The Fed, which entered the monetary tightening period with an interest rate increase of 25 basis points in March 2022, officially ended this trend after about 2.5 years. The Fed, which has kept interest rates fixed for 1 year and has not reduced interest rates for 4.5 years, made its entry with a discount of 50 basis points. What does Dot-plot say? While most of the Fed members expect more discounts for the rest of 2024, they think that these reductions should continue in 2025. From the members who are currently in the range of 4.75%-5.0% waiting for the interest rates to decrease; 7 of them are 25 basis points, 9 of 50 basis points, 1 of them thinks that an extra discount of 75 basis points should be made. 2 members are of the opinion that there will be no more discounts this year... There is more discount expectation in 2025 Members' 2025 expectations are also important... Total interest rate reduction expectations for next year are as follows: 1 member 75 basis points 1 member 100 basis points 3 members 125 basis points 6 members 150 basis points 6 members 175 base points 2 members 200 basis points 10 members also think that interest rates should fall below 3% in 2026.

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The Fed lowered the interest rate by 50 basis points. Interest rate cuts were made for the first time in 4.5 years. Fed members predict an additional 50 basis point interest rate cut in 2024. A reduction of 100 basis points is expected in 2025 and 50 basis points in 2026.

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Ethereum founder Buterin: Crypto is now entering a new era One of the important speakers of the TOKEN2049 conference, which started today in Singapore, was Vitalik Buterin. The founder of Ethereum said that Bitcoin has existed for 15 years and Ethereum for 10 years, and with artificial intelligence developments, the crypto world has now left its infancy. Buterin, "Are we still early? I don't think so. Crypto is now entering a new era where everyone is starting to use it," he said. One of the heavyweights of the TOKEN2049 conference held in Singapore and attended by many important names was Vitalik Buterin. With hundreds of people listening to on stage, Buterin has touched on many topics, from now falling transaction fees to zero levels in Ethereum to reduced approval periods and the general trend of the cryptocurrency world. “From 10 dollars to 0 dollars...” Touching on the importance of 2nd layer projects, especially known as L2s, Buterin emphasized the decrease in transaction fees: “Transaction fees, which used to be between $10 and $1, have now fallen to 0.01, that is, to zero. Arbitrum and Optimism have also exceeded significant security levels. Now rollups are both safe and people can pay easily. With Merge, the average waiting time has also halved. These days, I can confirm my transactions in 5-10 seconds” "Now the new era is being entered" Stating that the crypto world is no longer in its infancy, Buterin used the following statements: “Bitcoin has been around 15 and Ethereum has been around for 10 years. Products like ChatGPT have completely changed our perspective on artificial intelligence. Nothing is the same anymore. So do you think we are still in the early period? I think we're not. We are now entering a new era in crypto. It will be a period when people easily use crypto.”

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How the expectation of 50 basis points from the Fed went from 2 percent to 60 percent: Two mysterious articles... The Fed's 50 basis point discount expectation, which fell to 2% last week, reached 60% within hours. Although there is no new development, the experience of such a situation is linked to the two mysterious news of the Wall Street Journal and the Financial Times. While the new interest rate decision to be announced by the US Federal Reserve (Fed) tomorrow is eagerly awaited, the markets seem to be quite confused. The market expectation of 50 basis points, which fell to 2% last week, increased to 60% this week. WSJ: 50 basis points should be discounted An article titled "Interest rates are too high, the Fed should reduce 50 basis points" shared by the Wall Street Journal, one of the heavyweights of the US financial media, on its website on Sunday, was much talked about. In the text, it was written that inflation fell rapidly to 2.5%, and the big difference between the core inflation and the Fed's 2% target was caused by inflation in the automobile and real estate sector. In addition, it was stated in the text that the job market is becoming more and more weak. It is also known that the statistics that the Fed attaches the most importance to are always related to the job market. The Financial Times followed. After this article of the Wall Street Journal, a similar news/article came from another financial media giant, the Financial Times. Here, too, it was written that the 50 basis point discount will relieve the now stuck economy. It drew attention that there was no objection or reaction to these two articles from the Fed. In fact, Fed New York branch president William Dudley emphasized that he expects the institution to make a 50 basis point discount. In CME, which shows market expectations in futures, the 50 basis point discount expectation has increased to 67% before tomorrow's decision... Elizabeth Warren, one of the important names of the Democrats yesterday, also called for the Fed to start discounts tomorrow with 75 basis points.

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