Crypto truth seeker. Binance-certified KOL navigating the digital realm for unbiased insights. Decoding the crypto universe with trust and transparency. ๐๐
๐ **Celebrating 1000 followers on Binance Square!**
Dear community:
I'm delighted to announce that we have reached the incredible milestone of 1000 followers! ๐ Thank you all for your tremendous support.
In gratitude, we are preparing to offer you interesting giveaways soon. As a token of gratitude, your future donations will play a vital role. Some of it will be dedicated to this exciting giveaways, while the rest will fuel my mission of gathering resources and conducting research to bring you the best, most informed content.
Digital asset investment products saw further buying with inflows of $1.35bn last week, bringing the 3-week run of inflows to $3.2bn ๐ธ๐ #Crypto #Investing $BTC $ETH $BNB
๐ **Valkyrie Funds Partners with BitGo for Bitcoin ETF Custody!**
In a strategic move, @ValkyrieFunds selects @BitGo as the trusted custody solution for #Bitcoin in their $BRRR Bitcoin ETF. This partnership emphasizes a commitment to secure and reliable storage for digital assets. ๐ค๐ #BitcoinETF #CustodySolution
๐ **US Regional Bank Stocks Update:** 1. NY Community Bank, $NYCB: -37% 2. Valley National Bank, $VLY: -6% 3. HarborOne, $HONE: -4% 4. HomeStreet, $HMST: -4% 5. Zions Bank, $ZION: -4% 6. Comerica Bank, $CMA: -3% 7. Metropolitan Bank, $MCB: -3% 8. Citizens Financial, $CFG: -3% 9. Western Alliance, $WAL: -3%
Notably, New York Community Bank, which acquired the collapsed Signature Bank, cut its dividend by 70%. A quarterly loss of $260 million was reported, contrasting with an expected gain of $250 million. ๐ฆ๐ผ #BankStocks #FinancialMarkets
๐ธ **Bitcoin's Swift Move:** In a remarkable feat, 35,049 #BTC , valued at $1.5 billion, zipped through the blockchain with lightning speed, accompanied by a mere $3.21 transaction fee. Witness the seamless power and efficiency of #Bitcoin in action! ๐๐ช #CryptoEfficiency #BlockchainSwiftness
๐ฐ **Bitcoin Transaction Marvel:** 35,049 #BTC , equivalent to $1.5 billion, smoothly moved across the blockchain, showcasing the remarkable efficiency of #Bitcoin with a minimal transaction fee of just $3.21. The decentralized prowess in action! ๐๐ช #CryptoEfficiency #BlockchainPower
๐ฆ **Fed Keeps Interest Rates Unchanged at 5.5%** ๐๐บ๐ธ
Key Takeaways: 1. Fed maintains rates, marking the 4th consecutive meeting with no changes. 2. No anticipated rate cuts until there's "greater confidence" in inflation moving to 2%. 3. The Fed remains "highly attentive" to inflation risks amidst economic uncertainty. 4. While job gains have moderated, they are still robust. 5. Upcoming policy decisions will be data-driven. 6. The Fed acknowledges an evolving outlook while balancing associated risks.
Key Highlights: - Q4 Profit: $2.85B, with $1B from net operational profit and $1.85B from gold and Bitcoin holdings. - Total 2023 Profit: $6.2B. - Cash & Equivalents cover 90% of issued tokens, reaching the highest level in years. - Total US T-bill exposure: $80.3B. - Excess equity: $5.4B, surpassing secured loans ($4.8B). - VC Investments Portfolio: $1.45B, diversified across AI, Bitcoin mining, P2P telecom, etc.
In a recent court hearing, FTX dropped a bombshell, committing to reimburse all crypto customers in full despite the ongoing bankruptcy proceedings. ๐คฏ๐ธ