BiNguyenn
@BiNguyennDav
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Are there any brothers playing this kind of farming like me? $PEPE $BONK $DOGE
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What happened in the Crypto Market in the last 24 hours
• $BTC : Bitcoin price dropped to 95.7K and is currently trading around 97K. The Crypto market recorded over 1 billion USD in liquidations in the past 24 hours. 😭
• $BTC Spot ETF: The ETF funds from Fidelity (FBTC) and Ark Investment (ARKB) recorded significant outflows of -208.5 million USD and -100.4 million USD, respectively. The Grayscale fund (GBTC) also recorded an outflow of -87.9 million USD. The BlackRock fund (IBIT) has not yet been accounted for.
• Mt.Gox: Transferred approximately 720 BTC (~69.7 million USD) to an unidentified address.
• $BTC Spot ETF: The ETF funds from Fidelity (FBTC) and Ark Investment (ARKB) recorded significant outflows of -208.5 million USD and -100.4 million USD, respectively. The Grayscale fund (GBTC) also recorded an outflow of -87.9 million USD. The BlackRock fund (IBIT) has not yet been accounted for.
• Mt.Gox: Transferred approximately 720 BTC (~69.7 million USD) to an unidentified address.
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Binance Futures announces the listing of Simon’s Cat (CAT)
👉 Binance has just announced the 5th project under the Binance HODLer Airdrops program, named Simon’s Cat.
👉 Simon’s Cat (CAT) is a Memecoin on the BNB Chain, inspired by the mischievous and adorable cat from the famous animated series Simon’s Cat. This character often engages in playful antics, creating situations that are both humorous and endearing, causing its owner Simon to face many comical dilemmas.
👉Simon’s Cat has launched its first product, Simon’s Cat Fun Time, a Telegram Mini-App, which allows users to complete tasks to receive an airdrop. However, the airdrop event has ended, and Simon’s Cat has now become a true memecoin.
👉Total supply of the project: over 9,000 trillion Tokens
- Binance HODLer Airdrop allocation: 1.143 trillion Tokens (12.7% of total supply)
👉 Binance has just announced the 5th project under the Binance HODLer Airdrops program, named Simon’s Cat.
👉 Simon’s Cat (CAT) is a Memecoin on the BNB Chain, inspired by the mischievous and adorable cat from the famous animated series Simon’s Cat. This character often engages in playful antics, creating situations that are both humorous and endearing, causing its owner Simon to face many comical dilemmas.
👉Simon’s Cat has launched its first product, Simon’s Cat Fun Time, a Telegram Mini-App, which allows users to complete tasks to receive an airdrop. However, the airdrop event has ended, and Simon’s Cat has now become a true memecoin.
👉Total supply of the project: over 9,000 trillion Tokens
- Binance HODLer Airdrop allocation: 1.143 trillion Tokens (12.7% of total supply)
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Fed lowers interest rates but will cut less in 2025 due to high inflation
The U.S. central bank lowered interest rates on Wednesday, but Federal Reserve Chairman Jerome Powell stated that further cuts to borrowing costs depend on further progress in lowering inflation, remarks indicating that policymakers are starting to consider the outlook for comprehensive economic changes under the upcoming Trump administration.
The clear - and repeated - reminders from Powell about the need for caution from here have shaken Wall Street, causing stocks, gold, and crypto to drop sharply and pushing the market back to estimates about the borrowing costs potentially decreasing next year.
The clear - and repeated - reminders from Powell about the need for caution from here have shaken Wall Street, causing stocks, gold, and crypto to drop sharply and pushing the market back to estimates about the borrowing costs potentially decreasing next year.
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‼️ 🗓 Fed is preparing to implement the third consecutive interest rate cut
Investors predict that the Fed will definitely cut interest rates in this week's policy meeting. However, next year, the question of whether the Fed will continue to cut interest rates will become much harder to predict.
The U.S. economy has proven to be much more resilient than what officials predicted just a few months ago, as recent data indicates that inflation is decreasing more slowly than expected, while the labor market remains strong. This is prompting the Fed to reconsider its policy approach, which could lead to changes in the wording of the statement after the meeting and an upward revision of the future interest rate path forecast.
According to the CME Group's FedWatch tool, financial markets are expecting the Fed to cut interest rates by 25 bps down to about 4.25 - 4.5%. This will be the third cut since the Fed began lowering rates in September, bringing rates down more than 100 bps from the previous peak.
The post-meeting press conference of Fed Chairman Jerome Powell, scheduled to take place at 2:30 AM tomorrow according to Vietnam time, will be the focus of market attention. Investors will be looking for signals from Powell about whether the Fed may pause interest rate cuts in the future.
Market volatility often occurs around these major events, and it’s worth reminding everyone to keep their hands off the long-short button, the news is released to legitimize price movements that could potentially kill both ends! Oh, and by the way, if you have 💵 USDT, just hold onto it, wait for another dip to buy, and then do whatever you want next year!
Investors predict that the Fed will definitely cut interest rates in this week's policy meeting. However, next year, the question of whether the Fed will continue to cut interest rates will become much harder to predict.
The U.S. economy has proven to be much more resilient than what officials predicted just a few months ago, as recent data indicates that inflation is decreasing more slowly than expected, while the labor market remains strong. This is prompting the Fed to reconsider its policy approach, which could lead to changes in the wording of the statement after the meeting and an upward revision of the future interest rate path forecast.
According to the CME Group's FedWatch tool, financial markets are expecting the Fed to cut interest rates by 25 bps down to about 4.25 - 4.5%. This will be the third cut since the Fed began lowering rates in September, bringing rates down more than 100 bps from the previous peak.
The post-meeting press conference of Fed Chairman Jerome Powell, scheduled to take place at 2:30 AM tomorrow according to Vietnam time, will be the focus of market attention. Investors will be looking for signals from Powell about whether the Fed may pause interest rate cuts in the future.
Market volatility often occurs around these major events, and it’s worth reminding everyone to keep their hands off the long-short button, the news is released to legitimize price movements that could potentially kill both ends! Oh, and by the way, if you have 💵 USDT, just hold onto it, wait for another dip to buy, and then do whatever you want next year!
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🔥🔥The speculative frenzy #RLUSD before the listing🔥
🤣😊Before the release date, RLUSD attracted special attention from speculators. On on-chain trading markets like Xaman, the bidding price to own #RLUSD has surged from 500 $XRP to 836 $XRP , equivalent to about 1,200 USD for 1 RLUSD. Meanwhile, the real value of #RLUSD is only pegged around 1 #USD .😊🥲
🤣😊Before the release date, RLUSD attracted special attention from speculators. On on-chain trading markets like Xaman, the bidding price to own #RLUSD has surged from 500 $XRP to 836 $XRP , equivalent to about 1,200 USD for 1 RLUSD. Meanwhile, the real value of #RLUSD is only pegged around 1 #USD .😊🥲