đ„ The next 3 months are going to be absolutely crazy for crypto.
- Interest rate cuts are coming in 3 weeks. - US elections are just 71 days away. - We could get a crypto-friendly president in November. - Czech Republic is making a comeback. - FTX is expected to redistribute $16 billion in cash to crypto natives sometime in Q4. - Rumors that China could lift its ban on crypto soon. - Russia is turning crypto-friendly with international crypto payments.
I cannot accurately predict market movements, because Bitcoin and Ethereum prices are affected by many factors such as demand and supply, technological developments, government legislation, global events, and others. Their price can change suddenly and unexpectedly. Therefore, it is always advisable to invest with caution and verify information and research well before making any investment decision.
1. Stocks are rising as if the economy has entered a soft landing.
2. Gold is rising as if we are in a major economic crisis
3. Bonds are falling as if the Fed is done cutting rates
4. Real estate prices are rising as if the rate cuts have just begun
5. Oil prices are falling as demand disappears
6. Natural gas prices are rising as demand increases
7. Americansâ assessment of the current economic situation has reached its lowest level since 2020. This is also in line with levels seen during the 2008 financial crisis
8. The market is pricing in over 2.5% of rate cuts over the next 12 months, the most since the 1980s
OpenAI plans to restructure its for-profit model, aiming for a $150 billion valuation and making it more attractive to investors, and aims to remove the control of the non-profit board and give Sam Altman additional shares
A huge increase in active addresses - this indicator shows the activity of transactions on the network and we see that it is up by a huge 43% this week alone.
This growth shows that users are not only storing their assets; they are also diving into the network and participating in it like never before.
With the Grayscale Sui Trust launching to accredited investors, SUI đ° daily trading volume has seen a significant increase, surpassing $800 million.
On-chain activity has also shown great strength, with the total value locked (TVL) reaching $1.15 billion, reflecting a 377% increase since the beginning of the year and a 47% increase this month. $SUI #CryptoNewss #cryptotipshop
âĄïžFinancial markets are about to open. We have a huge week of economic data ahead of us. Here are the highlights of what is coming:
âĄïžTomorrow, Monday: - The Purchasing Managers Index data for the manufacturing and services sectors in the United States of America will be released in the afternoon
âĄïžTuesday: - No important economic data
âĄïžWednesday: - The US New Home Sales statement will be released in the afternoon
âĄïžThursday: - It will be very important as the markets await the release of the US GDP statement, followed by a speech by Jerome Powell, Chairman of the US Federal Reserve
âĄïžFriday: - It will be very important as the US Personal Consumption Expenditures Price Index statement will be released in the afternoon, which is one of the US Federal Reserve's favorite inflation indicators