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Tether made More Profit Than
#BlackRock
In 2023
Tether's profits totaled $6.2 billion last year, surpassing BlackRock's $5.5 billion.
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$BTC has surpassed Meta to become the world's 9 largest asset by market capitalization. #BTC☀
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BlackRock's $BTC ETF assets exceed Gold ETF. BlackRock's iShares Bitcoin Trust ETF (IBIT) has overtaken the iShares Gold Trust (IAU) in terms of net assets to become the new leader. IBIT assets amounted to $33.17 billion, while IAU amounted to $32.96 billion. #BlackRock
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If you missed! Here is Key points from Powell's post-FOMC press conference yesterday: - Lowering interest rates will support sustainable economic growth. - The Fed's policy remains supportive, and there are no plans to raise rates yet. - Near the neutral level, the pace of rate cuts may need to be slowed. - We will be careful to avoid cutting rates too quickly. - Inflation has fallen significantly and I expect it to continue falling towards the 2% target. - The labour market remains stable and does not create inflationary pressure. - While inflation may temporarily rise, one or two negative months will not change the overall downward trend. - I will not allow inflation expectations to rise. - Macroeconomic data has improved since the September meeting. - We'll get more data by the December meeting, including one employment report and two on inflation. - The Fed is prepared to adjust policy in response to changes in the economy. -Geopolitical risks have increased. -The election will not affect the Fed's monetary policy in the near term. However, actions by the Administration or Congress could have an impact that the Fed will take into account. - I will not resign even if Trump asks me to , because the law prohibits demoting the Fed chairman. #TrumpInCrypto $BTC
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Thank yourself more often for the result
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A profession where losses are just as possible as gains can take a significant toll on your psychological state. This field is unique in that you follow a set routine, regardless of personal enjoyment, with the ultimate goal of coming out ahead. It may sound simple, but not everyone is up to the challenge. Many people view trading as a “get-rich-quick” opportunity. They’re drawn in by stories of big wins and guaranteed setups, and some even leave school to pursue trading, all of which creates a highly misleading impression. This field demands far more discipline than most realize. Among my personal circle, I can count on one hand the profitable traders. These individuals are intensely dedicated, experienced, and have often lost multiple deposits due to mistakes that, in hindsight, seem obvious. $BTC #BTC☀
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