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For me personally #BinanceBlockchainWeek âŻâŻâŻâŻâŻâŻ was such a blast. Met so many new friends and the attitude and organization from Binance and #BinanceSquareFamily team were spectacular!
Also special thanks to Viane and Karin! You both rock with what you do for Binance!
Was awesome to meet @Richard Teng in person, to listen to @CZ speech, to talk with a lot of Bullish Projects out there like people from Solana, LorenzoProtocol, Selfchain and many others.
Both After Parties were awesome! Truly an unforgettable experience!
Definitely will be coming back for #BinanceBlockchainWeekâŻâŻâŻ in 2025 as well đ„đ„
Also huge warm shout out to Rex and Sahib, they know why đ
Keep Building đ„
And yeah I'll still follow my goal to get to 1 million Followers on Square đ Because #BinanceSquare is something unique. And already more than 35 millions users know that!
đ” The Fed's balance sheet has shrunk by $43.4 billion in one week!
âȘïž Collins, Fed Chairman: - I think we should NOT lower the interest rate too quickly.
âȘïž Cook, Chairman of the Fed : - It is advisable to continue reducing the rate to a neutral level. - But we can consider the PAUSE scenario, everything depends on macro data.
âȘïž Bowman, Fed Chairman: - The Fed should take a cautious approach to rate cuts. - Inflation is a concern.
âȘïž Barkin, Fed Chairman: - The United States has become more vulnerable to inflation shocks. - If inflation remains above our target, this will give reason to be more cautious in reducing the rate.
âȘïž Goolsbee, Fed Chairman: - It makes sense for the Fed to slow the pace of rate cuts.
âïžMarket expectations ( #FED ): - December 18: 25 bps decline to 4.25-4.50% (probability = 55.9%) - January 29, 2025: PAUSE. - March 19, 2025: PAUSE. - May 17, 2025: PAUSE.
Binance Stablecoin Inflow Hits All-Time High of $10.2 Billion
âThis surge shows the increasing reliance on Binance for a range of trading activities, including buying Bitcoin and altcoins, and participating in futures markets.â
đ„The Real #Altseason will start when we see $BTC Dominance gets rejected of its top resistance and declineđ
đLook at the previous cycle when BTC.D started its way down #Alts just begin it's unstoppable rally, TOTAL3 broke ATH and went into price discovery!
Currently TOTAL3 is accurately climbing up together with BTC dominance, but the party will begin when these two break from each other and we see so called negative correlation.
đImo it's a bit of room left for BTC.D upside, and I expect it to be fulfilled when BTC breaks through $100k and enters an euphoria phase
đRegards timing, I do expect the #altseason to begin at the end of Dec 2024 - beginning of Jan 2025 approx.
OP has broken out of the ascending triangle pattern with significant volume. Both the 100MA and 200MA are acting as strong support, indicating bullish momentum.
A retest above the pattern is anticipated, and a successful retest could confirm the potential for a strong bullish rally.
đšđł Shanghai Court Recognizes Bitcoin Ownership as Legal đšđł
In a landmark ruling, a Shanghai court has affirmed that Bitcoin (and other cryptoassets) ownership is legal under Chinese law. This comes at a pivotal moment, as Bitcoin surges to new all-time highs daily, now flirting with $100k, signaling growing global recognition of its importance.
While China has maintained a complex relationship with Bitcoin, this ruling could mark a turning point. It highlights a growing acknowledgment of the value and legal standing of digital assets, even in one of the most tightly regulated markets in the world. đ
If a major player like China begins to soften its stance on Bitcoin, the ripple effects could be enormous. Change is in the air. The world is watching. đ
đ Bitcoin and Solana Set New All-Time Highs: BTC at $99,000, SOL at $260 !
Bitcoin (BTC) hit a new all-time high, surpassing $99,000 with a 4.40% 24-hour gain, while Solana (SOL) reached $260, up 12.11%. Solana's milestone comes 1,100 days after its last peak of $259.9 in November 2021, signaling strong momentum in the crypto market.
đ What happened in Crypto in the last 12h? đ
âą $BTC $SOL - Bitcoin made a new ATH nearing 99k. $SOL touched its previous ATH of $260.
âą Reuters reports that Trump's proposed cryptocurrency advisory council could set up a U.S. Bitcoin reserve.
âą Citron released a report stating that MicroStrategy stock is overvalued. It noted that it is bullish on $BTC itself, but hedges $MSTR with a short position.
âą SEC Chairman Gary Gensler announces that he will officially step down on January 20, 2025. Since the announcement, $XRP has risen slightly.
âą FTX has announced that it will begin reimbursing users by March. Following the news, $FTT jumped about 40%.
âą Charles Schwab, the $7T asset manager, plans to offer cryptocurrency investments directly to its clients, new CEO Rick Wurster told Yahoo Finance.
âą $SOL - Discussions between the SEC and issuers looking to launch a $SOL Spot ETF are ongoing, and the SEC is currently working on an S-1 application.
âą $JTO - A New Tiprouter proposal has been published that adds profits for JTO stakers. If this proposal passes, the Jito Treasury fee for Jito tips will be reduced by 15bps (from 2.85% to 2.7%). This fee will be redirected to Jito stakers via the Jito Tip Router.
âą $COW - Coinbase Int. has announced the $COW-PERP market, which will begin on Nov 26, after 9:30AM UTC.
âą $WEN - Wintermute received 1.5% of the $WEN supply (approximately 11B $WEN).
đïž TRON Founder Justin Sun Goes Bananas Over $6.2 Million Art Purchase as Elon Musk Slams Art for Money Laundering đïž Helius: Measuring Solanaâs True Decentralization with Data đïž Is the Yen Hostage-Backed? Japanese Crypto Entrepreneur Questions Japanâs Economic Model & Declining Quality of Life đïž SEC Chair No More: Crypto Foe Gensler to Step Down When Crypto Friend Trump Takes Office on 20 January
1ïžâŁ Nov 18: 51,780 BTC at $88,627 2ïžâŁ Nov 11: 27,200 BTC at $74,463 3ïžâŁ Sept 20: 7,420 BTC at $61,750 4ïžâŁ Sept 13: 18,300 BTC at $60,408 5ïžâŁ Aug 1: 169 BTC at $67,455 6ïžâŁ July 25: 25,000 BTC at $55,000 7ïžâŁ July 12: 10,000 BTC at $53,000 8ïžâŁ June 30: 8,500 BTC at $52,000 9ïžâŁ June 10: 4,200 BTC at $49,000 đ May 22: 6,000 BTC at $48,000