According to historical speculation, interest rate cuts are usually accompanied by a bull market after a big drop❗ Only one soft landing has been achieved since the 1980s. This happens when the job market is improving and unemployment is falling. This time the labor market is a little bit...
The U.S. central bank cut interest rates by 0.50% on September 18, its biggest surprise since 2008. It was the first rate cut since the COVID-19 crisis in March 2020. The Fed is trying to keep inflation moving toward its 2% target through regulation. However, the Fed acknowledged that the economic outlook is uncertain and will carefully evaluate the data received at its next meeting. (Setting the stage for market volatility)
In the bull market, all powerful projects are quietly rising. Polkadot is finally making a strong comeback after more than a year of precipitation. The community team is bound to ignite the Polkadot ecology and ignite the entire encryption market. 9 reasons to choose Polkadot ❶Polkadot 2.0 Dynamic core allocation: ➤Enhance flexibility ➤Efficiency and scalability The above performance makes Polkadot functions easier to use. Technical Support: ➤Improving network throughput, allowing more transactions within a predetermined time frame. ➤Trustless bridging with BEEFY and Snowbridge: Improves interoperability with other chains through efficient communication performance.
Seize the investment opportunity of altcoins ➠ Strategy from small platforms to big markets In the current vibrant cryptocurrency market, FOMO (Fear Of Missing Out) sentiment drives investors to constantly look for the next potential investment opportunity. Many people regret missing the opportunity to invest in mainstream currencies such as Bitcoin in the early stage, but in fact, the real gold mine of investment may be hidden in the altcoin market.
Why choose the altcoin market? Due to its diversity and innovation, the altcoin market provides investment opportunities that are difficult to match in the large currency market. Especially those on second-tier platforms. For example, first-launch projects such as Mo1cha often go through a "sedimentation period" before they are listed on large exchanges. At this stage, the project is able to accumulate community support and market attention to prepare for subsequent outbreaks.
Strategy for finding potential currencies The investment strategy is as follows: ➥Focus on second-tier platforms: These platforms are usually the first launch sites for new currencies and can provide opportunities for early investment. ➥Multi-dimensional analysis: ◆Project background: Understand the story and vision behind the project. ◆Team strength: The experience and currency holding ratio of the developer team. ◆Market heat: community participation, social media discussion heat. ◆Technological innovation: whether the project has unique technology or application scenarios. Several recent success stories include ACT, PUNT and GOAT. After these projects were first launched on the platform, they gradually gained enough attention and investment through extensive community publicity and the natural surge of the market, and finally went online on larger exchanges, achieving significant price growth. Investing in emerging currencies requires caution and strategy: ➥Risks and opportunities coexist: not every project will succeed, and investors need to do in-depth research. ➥Time sensitivity: The time window from the first launch to acceptance by large exchanges is usually short, so act quickly. ➥Wide-net strategy: By diversifying investments in multiple projects, the probability of capturing high-return projects can be increased. In cryptocurrency investment, paying attention to and investing in new currencies on second-tier exchanges may bring high returns. By conducting multi-dimensional analysis of projects, combined with market dynamics and community feedback, investors can seize those altcoins that may become stars in the market.Investing is like fishing. Cast a wide net, wait patiently, and you will always reap rewards.
Billionaire investor Paul Tudor Jones has significantly increased his Bitcoin holdings through BlackRock’s Bitcoin ETF (IBIT).
Paul Tudor Jones has expanded his position 5 times, with a total value of $159.9 million, and is currently among the top 10 investors in BlackRock’s IBIT.
According to sources from President Trump's team, the new SEC will tend to support cryptocurrencies. In addition, the Trump administration is also considering giving the CFTC (Commodities and Futures Trading Commission) more responsibility for regulating cryptocurrencies, so who will be the next CFTC is equally important.
In addition to Wintermute, GSRMarkets has become a market maker for tarsprotocol.
Yesterday, GSR Markets received $5 million TAI ($789,000) and subsequently deposited another $3 million TAI ($472,000) into the platform, presumably to provide liquidity.
- $BTC spot ETF net inflows turned negative - Powell said there would be no rate cuts - Pennsylvania Strategic $BTC Reserve Act - Franklin Templeton expands money markets to Ethereum - Tether launches tokenization platform - $USUAL Binance new coin mining - 325 million $ZK liquidity plan - Essena $sUSDe x AAVE - $CAKE launches TG Swap Bot - Mainnet is about to launch 👇 • Bitcoin spot ETF net inflows turned negative after several days of good inflows. BlackRock's IBIT is still positive, but with yesterday's +1.38K inflows, it has been trending down for several days.
• Powell said in his speech that there is no need for an emergency rate cut at this time.
• $BTC - Pennsylvania lawmakers have introduced a bill to invest in Bitcoin and cryptocurrency ETFs to hedge against inflation. This allows the state's balance sheet to list $BTC as a reserve asset.
• $ETH - Franklin Templeton has expanded trading of its $410 million on-chain U.S. Government Money Market Fund (FOBXX) to Ethereum.
• Tether announced the launch of its tokenization platform Hedron by Tether. The platform allows users to tokenize a variety of assets, including stocks, bonds, stablecoins, loyalty points, and more.
• $USUAL - Binance announced Usual as the 61st Launchpool project. Binance presale market will list $USUAL on November 19 at 10:00 (UTC)
• $ZK - On November 14, ZKsync's governance passed and the Ignite plan was approved. Ignite will receive a grant of 325 million $ZK ($48.5 million) from the project treasury for distribution to native DeFi protocols.
• $ENA - sUSDe can now be used as collateral for AAVE. Users can borrow other stablecoins at low rates while earning about 29% annual interest on $sUSDe.
• $CAKE - Pancake Swap has launched a Telegram swap bot, but only supports the BNB chain.
• Movement Labs co-founder Rushi announced that the Movement mainnet will be launched on X soon.
“I’m finally starting to get it. Bitcoin could solve Social Security. I have a plan:
The Social Security Fund currently holds about $2.7 trillion in Treasury bonds. They should sell all of those bonds and buy Bitcoin. This move would surely drive up the price of Bitcoin, especially when the new QE (quantitative easing) program would be deployed to buy all the bonds sold by the fund.
Assuming that the Social Security Fund could buy 25% of all Bitcoin, by the time the last satoshi is purchased, and Bitcoin reaches $20 million, the Social Security Fund would be worth over $100 trillion. Currently, the unfunded liability for Social Security over the next 75 years is estimated at $23 trillion. Trillion dollars. The fund will have such a large surplus that people will no longer talk about raising taxes or raising the retirement age. Everyone benefits. The fund can then use all the Social Security taxes it collects to buy more Bitcoin, both supporting the price of Bitcoin and maintaining the value of its unique asset.
However, there is a small problem. Since all Social Security tax revenue is used to buy Bitcoin, how will the government pay the benefits? The fund cannot sell Bitcoin to pay these amounts because that would cause the market to crash. So, like all true Bitcoin holders, they must hold on.
Fortunately, there is a possible solution. The government declares Bitcoin as Reserve assets, then deposit their Bitcoin as collateral with the Federal Reserve (Fed), which will provide the cash needed to pay Social Security benefits. This arrangement is better for the government than the Fed holding bonds because Bitcoin requires no interest payments and no principal repayments. The Fed can simply hold Bitcoin on its balance sheet forever - effectively a diamond hand.
Once Bitcoin solves the Social Security problem, the government can move on to using Bitcoin to solve everything else. It's a shame it took Satoshi so long to find this magical solution. ” $BTC $ETH $DOGE
Dogecoin co-founder Billy Markus shared how the community can change DOGE's inflation rate by editing the source code and convincing the community to approve it.
Elon Musk responded by saying that DOGE's fixed inflation model is a "feature, not a bug". Musk believes that this model makes DOGE suitable as a payment currency because it is less valuable than Bitcoin or Ethereum and easier to use.
Currently, Dogecoin has no supply limit, and 10,000 new DOGE are created every minute. Over time, the inflation rate gradually decreases due to the increase in total supply.
❗ Seize the opportunity ➠ Solv and Binance once again join forces to launch a Bitcoin airdrop feast
In the world of cryptocurrency, Bitcoin is the overlord of digital assets, and its ecosystem innovation and application continue to expand.
🔥 Today SOLV launched an exciting news Solv Protocol and Binance launched the most generous Bitcoin airdrop event to date, offering SolvBTC rewards worth up to $300,000, making you feel great
🛫 Solv Protocol ➫ The leader of the Bitcoin ecosystem Since receiving investment from Binance Labs, Solv Protocol has quickly grown into a leader in the Bitcoin track. Currently, the total locked value (TVL) of the protocol exceeds $2.5 billion, which not only proves its huge influence in the DeFi field, but also demonstrates its innovative ability in Bitcoin financial applications. By introducing Bitcoin to the broader DeFi ecosystem, Solv Protocol not only provides more usage scenarios for Bitcoin holders, but also brings new impetus to the entire industry.
🎉Overview of the airdrop event This event is not only an opportunity for participants, but also a major event to witness the financialization of Bitcoin ◆Event time: 00:00:00 on November 14, 2024 ~ 23:59:59 on November 27, 2024 (UTC). ◆Total reward pool: SolvBTC worth 300,000 US dollars.
🎸How to participate in the event? It is very simple to participate in this generous airdrop event ★Visit the event page: Go to the Solv event page ([link](https://www.binance.com/en/activity/marketing-campaign/4c6a30f721ff450baa03990020594348)), click [Join now].
★Log in to Binance Web3 Wallet ➥Open your Binance Web3 wallet. ➥Navigate to [Simple Yield] under the [Earn] tab. ➥Find and select [HOT] -[BTCB] -[Solv].
★Stake BTCB ➥Click [Stake Now]. ➥Enter at least 0.0002 BTCB and confirm the transaction.
★Transaction Confirmation ➥After the transaction is completed, you will see a "Transaction Completed" prompt window, which will show that your SolvBTC tokens have been successfully added to the wallet.
⚠️ Note that the Solv Points System needs to be activated to receive rewards
Crypto wallet Phantom warns iOS users that recent updates have caused some users' apps to reset, and users who have not backed up their recovery phrases may lose access to their wallets. One user claimed to have lost up to $1 million. Phantom said it could not help users who did not back up their recovery phrases recover their funds