The latest interest rate decisions by the Federal Reserve (FED) and the Bank of Japan (BOJ) have caused significant volatility in the cryptocurrency market. Binance attracted attention with its new token listings this week, and prominent names like Vitalik Buterin and institutions like BNY Mellon made significant moves in the market.
The Federal Reserve has decided to cut interest rates by 50 basis points, causing significant price changes in the cryptocurrency market. Bitcoin closed the week at $63,000, a significant increase from the previous week’s $59,000 level. During the same period, the Bank of Japan kept interest rates unchanged at 0.25%, increasing speculation in the markets. These two interest rate decisions played a decisive role in the price dynamics of various cryptocurrencies.
BitMEX co-founder Arthur Hayes has warned about the negative impact of the Fed’s rate cuts on the crypto market. Speaking at the Token2049 event, Hayes said that this could lead to a market crash. Despite this, investor sentiment has remained generally optimistic, supported by seasonal bullish trends for risk assets, especially in the fourth quarter. This presents a unique opportunity for existing and potential crypto investors.
This week, Binance has significantly expanded the range of tokens it supports. Among the new additions, the KDAUSDT USD margined perpetual contract led to a 30% increase in Kadena’s price. In addition, the listing of Solana Name Service (FIDA) also saw a significant increase in value. Other notable listings such as CATI and UXLINK have also seen significant gains after being included on the exchange. These developments once again demonstrate Binance’s influence in the crypto ecosystem.
Kadena price rose by almost 30% with the introduction of USD-margined perpetual contract. Solana Name Service also saw a significant increase in value, increasing investors’ confidence in the Binance platform. UXLINK, on the other hand, recorded impressive gains of 110%, demonstrating positive market reaction to Binance’s new listings. These tokens have shown resilience and growth potential since listing.
Apart from the Fed and BOJ decisions and Binance’s listing, there were many other important events this week. BNY Mellon’s exemption from the SEC’s SAB 121 allowed the bank to expand its crypto custody services. Bitcoin critic Peter Schiff caused ripples in the investor community with a stern warning that the BTC price could fall to $20,000. Ethereum co-founder Vitalik Buterin’s 1.3K ETH transfer also fueled discussions about Ethereum’s future.
BNY Mellon’s new regulatory exemption has positioned the bank as a stronger player in the crypto custody space. Critics like Peter Schiff have speculated that the price of Bitcoin could fall to $20,000. Vitalik Buterin’s massive ETH transfer has led to speculation about the potential impact on Ethereum. Additionally, Circle’s collaboration with Sony aims to bridge USDC to the Soneium Layer 2 platform, further highlighting the changing landscape of institutional participation in the crypto space.
FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.
My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.
Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAILED.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.
WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
You can share this post with your friends in need so that they can also benefit from it.
IN THE MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. EVEN IF YOU HAVEN'T FOLLOWED US YET, DON'T FORGET TO FOLLOW US. WITH MY REGARDS.
