LIVEEmperorㅤ
@JohnCarl
"The journey of a thousand miles begins with a single step."
Following
Followers
Liked
Shared
Analysts predict that American corporations will acquire $10 billion in Bitcoin within the next 18 months. Conventional corporate investment strategies, which typically rely on fiat currency and short-term cash assets, struggle to preserve value as they often fail to keep up with inflation.
#EmperorMajesty #USNonFarmPayrollReport #TON #BNBChainMemecoins #BinanceBlockchainWeek $BTC $ETH $SOL
#EmperorMajesty #USNonFarmPayrollReport #TON #BNBChainMemecoins #BinanceBlockchainWeek $BTC $ETH $SOL
TON has outpaced Solana in USDT circulation, with over $700 million currently held.
The number of crypto-dollar users on TON has surged to 1.3 million addresses, making it the fastest-growing blockchain for Tether adoption. It now ranks in the top 3 by user base.
Moreover, TON is currently down, as is the entire blockchain sector. This presents a significant opportunity, as it is likely to rebound either alongside BTC or independently.
Consider investing in TON and holding it on SPOT. The more you invest now, the more you get in return.
ALWAYS DYOR!
$TON $NOT $DOGS #EmperorMajesty #USNonFarmPayrollReport #TON #DOGSONBINANCE #CryptoMarketMoves
The number of crypto-dollar users on TON has surged to 1.3 million addresses, making it the fastest-growing blockchain for Tether adoption. It now ranks in the top 3 by user base.
Moreover, TON is currently down, as is the entire blockchain sector. This presents a significant opportunity, as it is likely to rebound either alongside BTC or independently.
Consider investing in TON and holding it on SPOT. The more you invest now, the more you get in return.
ALWAYS DYOR!
$TON $NOT $DOGS #EmperorMajesty #USNonFarmPayrollReport #TON #DOGSONBINANCE #CryptoMarketMoves
Ripple is preparing to introduce a new "Multi-Party Token" (MPT) standard on the XRP Ledger platform.
This innovation aims to improve the management of tokenized "real-world assets" (RWA) by integrating the benefits of both fungible and non-fungible tokens.
Do you think this move will affect the price of XRP as well?
#XRPGoal $XRP #Ripple💰 #EmperorMajesty #DOGSONBINANCE #TON
This innovation aims to improve the management of tokenized "real-world assets" (RWA) by integrating the benefits of both fungible and non-fungible tokens.
Do you think this move will affect the price of XRP as well?
#XRPGoal $XRP #Ripple💰 #EmperorMajesty #DOGSONBINANCE #TON
🚨 Why crypto market is down?
The crypto market opened sharply in the red today, with total market capitalization dropping by 1.5% to $2.03 trillion. The downturn is largely driven by disappointing US manufacturing data, which indicated contraction for the fifth consecutive month. This weak economic data fueled a sell-off in the stock market, with the S&P 500 down 1.8% and the Nasdaq sliding 2.9%.
The weakness in equities spilled over into the crypto market, with Bitcoin (-1.6%) and Ether (-3.4%) experiencing notable declines. Additionally, over $100 million in long liquidations across crypto derivatives markets intensified the selling pressure. With a weakening market structure, the crypto market may face a deeper correction, potentially testing the $1.875 trillion support level in the coming weeks.
#EmperorMajesty #TON #BTC☀ #CryptoMarketMoves #BinanceBlockchainWeek $BTC $ETH $SOL
The crypto market opened sharply in the red today, with total market capitalization dropping by 1.5% to $2.03 trillion. The downturn is largely driven by disappointing US manufacturing data, which indicated contraction for the fifth consecutive month. This weak economic data fueled a sell-off in the stock market, with the S&P 500 down 1.8% and the Nasdaq sliding 2.9%.
The weakness in equities spilled over into the crypto market, with Bitcoin (-1.6%) and Ether (-3.4%) experiencing notable declines. Additionally, over $100 million in long liquidations across crypto derivatives markets intensified the selling pressure. With a weakening market structure, the crypto market may face a deeper correction, potentially testing the $1.875 trillion support level in the coming weeks.
#EmperorMajesty #TON #BTC☀ #CryptoMarketMoves #BinanceBlockchainWeek $BTC $ETH $SOL
Pavel Durov, the visionary behind Telegram, has secured a spot on Bloomberg's Billionaires Index for the first time, ranking 279th with an estimated net worth of $9.15 billion. This milestone reflects not only his relentless innovation in the tech industry but also his growing influence as Telegram continues to expand its user base and market presence globally.
In recent years, Telegram has positioned itself as a critical player in the messaging app landscape, boasting over 950 million active users and a robust infrastructure that prioritizes privacy and security. Durov's steadfast commitment to these principles has garnered widespread acclaim, further enhancing the platform’s reputation as a leader in encrypted communication.
This achievement marks a significant chapter in Durov’s career, underscoring his impact on the tech world and solidifying his status as one of the most influential figures in the industry. As Telegram's growth shows no signs of slowing, Durov's ascent in the ranks of global billionaires is likely to continue, with projections indicating that his wealth could reach new heights as the platform explores monetization strategies and innovative features that cater to its ever-expanding user base.
#PavelDurov #TON #DOGSONBINANCE #TelegramCEO #EmperorMajesty $TON $DOGS $NOT
In recent years, Telegram has positioned itself as a critical player in the messaging app landscape, boasting over 950 million active users and a robust infrastructure that prioritizes privacy and security. Durov's steadfast commitment to these principles has garnered widespread acclaim, further enhancing the platform’s reputation as a leader in encrypted communication.
This achievement marks a significant chapter in Durov’s career, underscoring his impact on the tech world and solidifying his status as one of the most influential figures in the industry. As Telegram's growth shows no signs of slowing, Durov's ascent in the ranks of global billionaires is likely to continue, with projections indicating that his wealth could reach new heights as the platform explores monetization strategies and innovative features that cater to its ever-expanding user base.
#PavelDurov #TON #DOGSONBINANCE #TelegramCEO #EmperorMajesty $TON $DOGS $NOT
CoinMarketCap caused a major stir today by mistakenly listing TON’s price at $0.3, leading to significant market panic.
However, the true Toncoin value remains stable at around $5.
#EmperorMajesty #TON #TelegramCEO #CryptoMarketMoves #TonSociety $TON
However, the true Toncoin value remains stable at around $5.
#EmperorMajesty #TON #TelegramCEO #CryptoMarketMoves #TonSociety $TON
These game-like projects, where people can earn tokens by simply tapping—tap-tap and earn, then withdraw—may seem appealing at first glance. While they hold promise, they also introduce a layer of complexity that is complicating the crypto market. With every new project launch, people jump in, tapping away without fully understanding the value of what they’re earning. Often, they waste their time, only to find the project turning into a scam.
Following the success of projects like NOT and DOGS, there's now heightened interest in similar ventures like Hamster Kombat, Blum, Tomarket, Major, BabyDoge, and others. These projects have amassed significant followings, and they’re set to distribute tokens—but we must be cautious. These ventures are manipulating the market, and the landscape has shifted. Gone are the days when analysts could rely on fundamentals alone; the rise of meme tokens, launching on platforms like Sunpump and Pump.fun, is flooding the crypto world with low-quality assets.
This influx of gimmicky tokens is not just diluting the market but is also misleading many. Blockchain technology, once a promising innovation, is being overshadowed by the noise of these projects, which are effectively printing money. Meanwhile, people with little to no knowledge of the industry are wasting both their time and money, falling victim to these schemes.
It’s time for the crypto community to filter out the noise. We need to return to a focus on quality, innovation, and real value. Only by doing so can we ensure that blockchain technology reaches its true potential, without being overshadowed by the garbage being distributed under the guise of quick profits.
#EmperorMajesty #TON #BlumAirdrop #BNBChainMemecoins #hamsterkombat24 $DOGS $NOT $TON
Following the success of projects like NOT and DOGS, there's now heightened interest in similar ventures like Hamster Kombat, Blum, Tomarket, Major, BabyDoge, and others. These projects have amassed significant followings, and they’re set to distribute tokens—but we must be cautious. These ventures are manipulating the market, and the landscape has shifted. Gone are the days when analysts could rely on fundamentals alone; the rise of meme tokens, launching on platforms like Sunpump and Pump.fun, is flooding the crypto world with low-quality assets.
This influx of gimmicky tokens is not just diluting the market but is also misleading many. Blockchain technology, once a promising innovation, is being overshadowed by the noise of these projects, which are effectively printing money. Meanwhile, people with little to no knowledge of the industry are wasting both their time and money, falling victim to these schemes.
It’s time for the crypto community to filter out the noise. We need to return to a focus on quality, innovation, and real value. Only by doing so can we ensure that blockchain technology reaches its true potential, without being overshadowed by the garbage being distributed under the guise of quick profits.
#EmperorMajesty #TON #BlumAirdrop #BNBChainMemecoins #hamsterkombat24 $DOGS $NOT $TON
When DOGS launched, it encountered several challenges. This game-like project allowed users to earn DOGS tokens by completing tasks and through referrals. A significant number of tokens were distributed, but as soon as the project launched, people began selling aggressively. The selling pressure and the rush to withdraw funds immediately took a heavy toll on the project. After launching at a price of 0.00054, DOGS initially surged to 0.0018046 before declining to 0.0011336. However, the downward trend didn't stop there; DOGS experienced another surge followed by a further decline to 0.0010432, placing the token in the oversold zone. Typically, when an asset enters the oversold zone, buyers push the price to new highs.
The situation was further complicated by the arrest of Pavel Durov, which impacted not only DOGS but also the entire TON blockchain. This event has increased volatility within the TON ecosystem. Many investors are holding onto their DOGS tokens, but there's a risk that they will start selling again at the first sign of a price increase. For DOGS to rise, these sellers need to be completely absorbed. Despite the current challenges, DOGS has the potential to rise. It's important to remember that this is a new coin that needs to build a solid foundation to reach higher levels. Without a strong base, it risks declining further.
The question remains: will DOGS rise? While the arrest of Pavel Durov introduces volatility, the potential for growth still exists if the selling pressure can be mitigated.
#EmperorMajesty #TON #DOGSONBINANCE #TelegramCEO #dogsday $TON $DOGS $NOT
The situation was further complicated by the arrest of Pavel Durov, which impacted not only DOGS but also the entire TON blockchain. This event has increased volatility within the TON ecosystem. Many investors are holding onto their DOGS tokens, but there's a risk that they will start selling again at the first sign of a price increase. For DOGS to rise, these sellers need to be completely absorbed. Despite the current challenges, DOGS has the potential to rise. It's important to remember that this is a new coin that needs to build a solid foundation to reach higher levels. Without a strong base, it risks declining further.
The question remains: will DOGS rise? While the arrest of Pavel Durov introduces volatility, the potential for growth still exists if the selling pressure can be mitigated.
#EmperorMajesty #TON #DOGSONBINANCE #TelegramCEO #dogsday $TON $DOGS $NOT
🚨⬇️ Bitcoin Critical Test
September 3rd, with the ISM Manufacturing PMI, followed by Unemployment Claims and ISM Services PMI on September 5th, and the Unemployment Rate on September 6th, are crucial events that will significantly impact the course of BTC. Given BTC's dominance, we can equate its movement to that of the entire market. From the perspective of fear, which currently stands at 26, there is a likelihood of upward momentum. In times of fear, whales tend to buy as much as they can, which could drive the price higher.
However, considering these events and the current state of the U.S. economy, we can expect volatility during these periods. Despite this, the overall trend appears to be upward.
Additionally, there's a gap between the $61,800 and $62,800 levels that BTC is likely to fill, bringing Altcoins along with it. If BTC successfully breaks through this range and reaches the $63,200 to $63,400 level, we can then officially state that the downward trend is over and an upward trend has begun.
Remember, though, as I mentioned earlier, these upcoming events are the only factors that could alter BTC's course, but the overall trend appears to be moving upward.
#EmperorMajesty #CryptoMarketMoves #TON #DOGSONBINANCE #BinanceBlockchainWeek $BTC $ETH $SOL
September 3rd, with the ISM Manufacturing PMI, followed by Unemployment Claims and ISM Services PMI on September 5th, and the Unemployment Rate on September 6th, are crucial events that will significantly impact the course of BTC. Given BTC's dominance, we can equate its movement to that of the entire market. From the perspective of fear, which currently stands at 26, there is a likelihood of upward momentum. In times of fear, whales tend to buy as much as they can, which could drive the price higher.
However, considering these events and the current state of the U.S. economy, we can expect volatility during these periods. Despite this, the overall trend appears to be upward.
Additionally, there's a gap between the $61,800 and $62,800 levels that BTC is likely to fill, bringing Altcoins along with it. If BTC successfully breaks through this range and reaches the $63,200 to $63,400 level, we can then officially state that the downward trend is over and an upward trend has begun.
Remember, though, as I mentioned earlier, these upcoming events are the only factors that could alter BTC's course, but the overall trend appears to be moving upward.
#EmperorMajesty #CryptoMarketMoves #TON #DOGSONBINANCE #BinanceBlockchainWeek $BTC $ETH $SOL
$DOGS Meme Coin: Hype vs. Reality
The launch of DOGS on the Ton Blockchain was met with high expectations, with many predicting a price of $0.01 due to the buzz surrounding the coin. However, reality quickly set in as DOGS debuted at a strong $700 million market cap, only to see its price plummet to $0.001.
The sharp decline is largely attributed to the massive supply of 550 billion DOGS, with 516 billion released into the market, causing significant selling pressure from airdrop recipients. Despite the initial excitement, the coin's performance highlights the inherent risks and volatility of meme coins, serving as a cautionary tale for investors.
#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #CryptoMarketMoves #EmperorMajesty $TON $DOGS
The launch of DOGS on the Ton Blockchain was met with high expectations, with many predicting a price of $0.01 due to the buzz surrounding the coin. However, reality quickly set in as DOGS debuted at a strong $700 million market cap, only to see its price plummet to $0.001.
The sharp decline is largely attributed to the massive supply of 550 billion DOGS, with 516 billion released into the market, causing significant selling pressure from airdrop recipients. Despite the initial excitement, the coin's performance highlights the inherent risks and volatility of meme coins, serving as a cautionary tale for investors.
#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #CryptoMarketMoves #EmperorMajesty $TON $DOGS
🚨⬇️
BBC reports, based on western military sources, that Israel may initiate wider preemptive attacks across Lebanon. This escalation could lead to heightened geopolitical tensions in the region.
The crypto market might experience immediate volatility as investors react to the news, with potential short-term fluctuations in major cryptocurrencies.
Traders are advised to stay cautious and keep an eye on further developments.
#EmperorMajesty #TelegramCEO #CryptoMarketMoves #BinanceBlockchainWeek #MtGoxRepayments $BTC $ETH $SOL
BBC reports, based on western military sources, that Israel may initiate wider preemptive attacks across Lebanon. This escalation could lead to heightened geopolitical tensions in the region.
The crypto market might experience immediate volatility as investors react to the news, with potential short-term fluctuations in major cryptocurrencies.
Traders are advised to stay cautious and keep an eye on further developments.
#EmperorMajesty #TelegramCEO #CryptoMarketMoves #BinanceBlockchainWeek #MtGoxRepayments $BTC $ETH $SOL
- watching dreams crumble!
I was scrolling through Binance Square, and it’s like—people are out here saying they made millions, then lost billions, then earned trillions, and somehow ended up losing quadrillions.
What is even going on?
Meanwhile, I’m just over here wondering how to scrape together enough cash to start investing! They’re losing quadrillions, and I’m stuck on step one.
#EmperorMajesty #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #BinanceBlockchainWeek $BTC $ETH $BNB
I was scrolling through Binance Square, and it’s like—people are out here saying they made millions, then lost billions, then earned trillions, and somehow ended up losing quadrillions.
What is even going on?
Meanwhile, I’m just over here wondering how to scrape together enough cash to start investing! They’re losing quadrillions, and I’m stuck on step one.
#EmperorMajesty #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #BinanceBlockchainWeek $BTC $ETH $BNB
Wall Street investors are closely watching the Jackson Hole Economic Symposium, which will take place from August 22 to 24 in Wyoming. This annual event will gather key figures such as Federal Reserve Chair Jerome Powell, global central bank officials, economists, financial market leaders, and representatives from the U.S. government.
The highlight of the event will be Powell's keynote speech on Friday, where investors will look for clues on the Federal Reserve's future monetary policy, specifically regarding the potential for interest rate cuts. As the market is betting on the Fed Chair to confirm a rate cut, there is also growing uncertainty. If Powell remains vague or cautious, as he often has been, this could lead to significant market reactions, possibly a sell-off.
Last year at Jackson Hole, Powell emphasized the need for the Federal Reserve to remain firm in controlling inflation, despite the potential economic pain that could arise. He highlighted the importance of maintaining price stability, which was interpreted as a signal that rate hikes would continue. With inflation moderating since then, the market is now hoping for a shift toward easing measures, but Powell's cautious nature suggests that he may not provide the clarity that traders are hoping for.
Stay informed as Powell’s remarks could set the tone for the upcoming months in the markets.
#PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021 #MarketDownturn #EmperorMajesty $BTC $ETH $SOL
The highlight of the event will be Powell's keynote speech on Friday, where investors will look for clues on the Federal Reserve's future monetary policy, specifically regarding the potential for interest rate cuts. As the market is betting on the Fed Chair to confirm a rate cut, there is also growing uncertainty. If Powell remains vague or cautious, as he often has been, this could lead to significant market reactions, possibly a sell-off.
Last year at Jackson Hole, Powell emphasized the need for the Federal Reserve to remain firm in controlling inflation, despite the potential economic pain that could arise. He highlighted the importance of maintaining price stability, which was interpreted as a signal that rate hikes would continue. With inflation moderating since then, the market is now hoping for a shift toward easing measures, but Powell's cautious nature suggests that he may not provide the clarity that traders are hoping for.
Stay informed as Powell’s remarks could set the tone for the upcoming months in the markets.
#PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021 #MarketDownturn #EmperorMajesty $BTC $ETH $SOL
The market's funding rates are gradually turning negative, which indicates that traders holding short positions are now paying those with long positions.
In these conditions, the exchange usually plays a more active role. There could be a short squeeze in the short-term timeframe (LTF), leading to a potential bullish trend as long as this pattern continues.
However, using high leverage will still be risky. On the other hand, swing traders might see rewards if they proceed with caution.
Always trade with knowledge and insight.
#PowellAtJacksonHole #EmperorMajesty #CryptoMarketMoves #LowestCPI2021 #MarketDownturn $BTC $ETH $BNB
In these conditions, the exchange usually plays a more active role. There could be a short squeeze in the short-term timeframe (LTF), leading to a potential bullish trend as long as this pattern continues.
However, using high leverage will still be risky. On the other hand, swing traders might see rewards if they proceed with caution.
Always trade with knowledge and insight.
#PowellAtJacksonHole #EmperorMajesty #CryptoMarketMoves #LowestCPI2021 #MarketDownturn $BTC $ETH $BNB
🚨 Existing Home Sales Report
On August 22, the release of the Existing Home Sales report will provide further insight into the U.S. housing market. The latest data shows that existing home sales fell by 5.4% in June 2024, dropping to a seasonally adjusted annual rate of 3.89 million units. This marked the sharpest monthly decline since 2022 and the lowest sales volume since the beginning of the year. It represents the fourth consecutive monthly decrease in existing home sales.
The decline in sales coincides with a record high median sales price of $426,900, which may be contributing to reduced buyer activity. Additionally, unsold housing inventory rose by 3.1% to 1.32 million units, equivalent to 4.1 months of supply at the current sales pace. NAR Chief Economist Lawrence Yun noted a shift from a seller’s market to a buyer’s market, with homes staying on the market longer and sellers receiving fewer offers. Increased demand for home inspections and appraisals, coupled with rising inventory, is affecting the market dynamics.
With expectations for July’s data to show a slight decline to 3.8 million units, this report will be crucial for understanding trends in the housing sector and their potential impact on the broader economy. The current housing market conditions highlight ongoing challenges for buyers and sellers alike, and will be closely watched by market participants.
#EmperorMajesty #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch #LowestCPI2021 $BTC $SOL $USDC
On August 22, the release of the Existing Home Sales report will provide further insight into the U.S. housing market. The latest data shows that existing home sales fell by 5.4% in June 2024, dropping to a seasonally adjusted annual rate of 3.89 million units. This marked the sharpest monthly decline since 2022 and the lowest sales volume since the beginning of the year. It represents the fourth consecutive monthly decrease in existing home sales.
The decline in sales coincides with a record high median sales price of $426,900, which may be contributing to reduced buyer activity. Additionally, unsold housing inventory rose by 3.1% to 1.32 million units, equivalent to 4.1 months of supply at the current sales pace. NAR Chief Economist Lawrence Yun noted a shift from a seller’s market to a buyer’s market, with homes staying on the market longer and sellers receiving fewer offers. Increased demand for home inspections and appraisals, coupled with rising inventory, is affecting the market dynamics.
With expectations for July’s data to show a slight decline to 3.8 million units, this report will be crucial for understanding trends in the housing sector and their potential impact on the broader economy. The current housing market conditions highlight ongoing challenges for buyers and sellers alike, and will be closely watched by market participants.
#EmperorMajesty #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch #LowestCPI2021 $BTC $SOL $USDC
LIVEEmperorㅤ
--
🚨 Flash Services PMI Report
On August 22, the Flash Services PMI report will offer key insights into the U.S. services sector's performance. The latest data reveals that the S&P Global U.S. Services PMI was revised lower to 55 for July 2024, from an initial estimate of 56, and down from 55.3 in June. Despite the slight easing, the reading continues to indicate robust expansion in the services sector.
The report highlights that new business increased for the third consecutive month at a solid pace. Notably, new business from abroad also rose for the first time in six months, although the increase was marginal compared to overall new orders. This growth in new business has led firms to expand their workforce. However, input cost inflation accelerated, and companies raised their selling prices at a slower rate due to competitive pressures.
Service providers maintain optimism for future business activity, although confidence has eased to an eight-month low. Factors supporting this optimism include increased marketing efforts, potential reductions in interest rates, and improved demand following the Presidential Election.
With the Services PMI decreasing from 55.30 in June to 55 in July, and expectations for a further decline to around 54.00 points by the end of the quarter, this report will be critical in assessing the sector's current trajectory and its potential impact on broader economic conditions.
#EmperorMajesty #BinanceLaunchpoolTON #BlackRockETHOptions #MarketDownturn #LowestCPI2021 $BNB $ETH $BTC
On August 22, the Flash Services PMI report will offer key insights into the U.S. services sector's performance. The latest data reveals that the S&P Global U.S. Services PMI was revised lower to 55 for July 2024, from an initial estimate of 56, and down from 55.3 in June. Despite the slight easing, the reading continues to indicate robust expansion in the services sector.
The report highlights that new business increased for the third consecutive month at a solid pace. Notably, new business from abroad also rose for the first time in six months, although the increase was marginal compared to overall new orders. This growth in new business has led firms to expand their workforce. However, input cost inflation accelerated, and companies raised their selling prices at a slower rate due to competitive pressures.
Service providers maintain optimism for future business activity, although confidence has eased to an eight-month low. Factors supporting this optimism include increased marketing efforts, potential reductions in interest rates, and improved demand following the Presidential Election.
With the Services PMI decreasing from 55.30 in June to 55 in July, and expectations for a further decline to around 54.00 points by the end of the quarter, this report will be critical in assessing the sector's current trajectory and its potential impact on broader economic conditions.
#EmperorMajesty #BinanceLaunchpoolTON #BlackRockETHOptions #MarketDownturn #LowestCPI2021 $BNB $ETH $BTC
🚨 Flash Services PMI Report
On August 22, the Flash Services PMI report will offer key insights into the U.S. services sector's performance. The latest data reveals that the S&P Global U.S. Services PMI was revised lower to 55 for July 2024, from an initial estimate of 56, and down from 55.3 in June. Despite the slight easing, the reading continues to indicate robust expansion in the services sector.
The report highlights that new business increased for the third consecutive month at a solid pace. Notably, new business from abroad also rose for the first time in six months, although the increase was marginal compared to overall new orders. This growth in new business has led firms to expand their workforce. However, input cost inflation accelerated, and companies raised their selling prices at a slower rate due to competitive pressures.
Service providers maintain optimism for future business activity, although confidence has eased to an eight-month low. Factors supporting this optimism include increased marketing efforts, potential reductions in interest rates, and improved demand following the Presidential Election.
With the Services PMI decreasing from 55.30 in June to 55 in July, and expectations for a further decline to around 54.00 points by the end of the quarter, this report will be critical in assessing the sector's current trajectory and its potential impact on broader economic conditions.
#EmperorMajesty #BinanceLaunchpoolTON #BlackRockETHOptions #MarketDownturn #LowestCPI2021 $BNB $ETH $BTC
On August 22, the Flash Services PMI report will offer key insights into the U.S. services sector's performance. The latest data reveals that the S&P Global U.S. Services PMI was revised lower to 55 for July 2024, from an initial estimate of 56, and down from 55.3 in June. Despite the slight easing, the reading continues to indicate robust expansion in the services sector.
The report highlights that new business increased for the third consecutive month at a solid pace. Notably, new business from abroad also rose for the first time in six months, although the increase was marginal compared to overall new orders. This growth in new business has led firms to expand their workforce. However, input cost inflation accelerated, and companies raised their selling prices at a slower rate due to competitive pressures.
Service providers maintain optimism for future business activity, although confidence has eased to an eight-month low. Factors supporting this optimism include increased marketing efforts, potential reductions in interest rates, and improved demand following the Presidential Election.
With the Services PMI decreasing from 55.30 in June to 55 in July, and expectations for a further decline to around 54.00 points by the end of the quarter, this report will be critical in assessing the sector's current trajectory and its potential impact on broader economic conditions.
#EmperorMajesty #BinanceLaunchpoolTON #BlackRockETHOptions #MarketDownturn #LowestCPI2021 $BNB $ETH $BTC
LIVEEmperorㅤ
--
🚨 Flash Manufacturing PMI
August 22 will bring the release of the Flash Manufacturing PMI report, a crucial indicator for understanding the health of the U.S. manufacturing sector. The latest data reveals that the S&P Global U.S. Manufacturing PMI was revised slightly higher to 49.6 for July 2024, up from an initial estimate of 49.5. Despite this upward revision, it remains the lowest reading of the year, signaling continued challenges for U.S. manufacturers.
The PMI data points to a deterioration in business conditions, with new orders declining for the first time in three months. Although output continued to rise due to a near-record increase in stocks of finished goods and work on outstanding business, the pace of expansion was only marginal. Employment also showed signs of softening. Output prices increased only slightly, the slowest pace in a year, while input costs rose significantly due to higher prices for energy, freight, labor, and raw materials, though the rate of inflation eased to a four-month low.
The manufacturing sector's outlook has seen a modest improvement in business optimism, driven by hopes that the current soft patch in demand will be temporary. Expectations for new business are somewhat brighter following recent political developments, including the Presidential Election.
With the Manufacturing PMI falling from 51.6 in June to 49.6 in July, and forecasts suggesting it may trend around 53.00 points by the end of the quarter, this report will be closely watched for further signals on the economic outlook and potential impacts on monetary policy and market sentiment.
#EmperorMajesty #BTC☀ #btcupdates2024 #MarketExperts #BinanceLaunchpoolTON $BTC $ETH $BNB
August 22 will bring the release of the Flash Manufacturing PMI report, a crucial indicator for understanding the health of the U.S. manufacturing sector. The latest data reveals that the S&P Global U.S. Manufacturing PMI was revised slightly higher to 49.6 for July 2024, up from an initial estimate of 49.5. Despite this upward revision, it remains the lowest reading of the year, signaling continued challenges for U.S. manufacturers.
The PMI data points to a deterioration in business conditions, with new orders declining for the first time in three months. Although output continued to rise due to a near-record increase in stocks of finished goods and work on outstanding business, the pace of expansion was only marginal. Employment also showed signs of softening. Output prices increased only slightly, the slowest pace in a year, while input costs rose significantly due to higher prices for energy, freight, labor, and raw materials, though the rate of inflation eased to a four-month low.
The manufacturing sector's outlook has seen a modest improvement in business optimism, driven by hopes that the current soft patch in demand will be temporary. Expectations for new business are somewhat brighter following recent political developments, including the Presidential Election.
With the Manufacturing PMI falling from 51.6 in June to 49.6 in July, and forecasts suggesting it may trend around 53.00 points by the end of the quarter, this report will be closely watched for further signals on the economic outlook and potential impacts on monetary policy and market sentiment.
#EmperorMajesty #BTC☀ #btcupdates2024 #MarketExperts #BinanceLaunchpoolTON $BTC $ETH $BNB
🚨 Flash Manufacturing PMI
August 22 will bring the release of the Flash Manufacturing PMI report, a crucial indicator for understanding the health of the U.S. manufacturing sector. The latest data reveals that the S&P Global U.S. Manufacturing PMI was revised slightly higher to 49.6 for July 2024, up from an initial estimate of 49.5. Despite this upward revision, it remains the lowest reading of the year, signaling continued challenges for U.S. manufacturers.
The PMI data points to a deterioration in business conditions, with new orders declining for the first time in three months. Although output continued to rise due to a near-record increase in stocks of finished goods and work on outstanding business, the pace of expansion was only marginal. Employment also showed signs of softening. Output prices increased only slightly, the slowest pace in a year, while input costs rose significantly due to higher prices for energy, freight, labor, and raw materials, though the rate of inflation eased to a four-month low.
The manufacturing sector's outlook has seen a modest improvement in business optimism, driven by hopes that the current soft patch in demand will be temporary. Expectations for new business are somewhat brighter following recent political developments, including the Presidential Election.
With the Manufacturing PMI falling from 51.6 in June to 49.6 in July, and forecasts suggesting it may trend around 53.00 points by the end of the quarter, this report will be closely watched for further signals on the economic outlook and potential impacts on monetary policy and market sentiment.
#EmperorMajesty #BTC☀ #btcupdates2024 #MarketExperts #BinanceLaunchpoolTON $BTC $ETH $BNB
August 22 will bring the release of the Flash Manufacturing PMI report, a crucial indicator for understanding the health of the U.S. manufacturing sector. The latest data reveals that the S&P Global U.S. Manufacturing PMI was revised slightly higher to 49.6 for July 2024, up from an initial estimate of 49.5. Despite this upward revision, it remains the lowest reading of the year, signaling continued challenges for U.S. manufacturers.
The PMI data points to a deterioration in business conditions, with new orders declining for the first time in three months. Although output continued to rise due to a near-record increase in stocks of finished goods and work on outstanding business, the pace of expansion was only marginal. Employment also showed signs of softening. Output prices increased only slightly, the slowest pace in a year, while input costs rose significantly due to higher prices for energy, freight, labor, and raw materials, though the rate of inflation eased to a four-month low.
The manufacturing sector's outlook has seen a modest improvement in business optimism, driven by hopes that the current soft patch in demand will be temporary. Expectations for new business are somewhat brighter following recent political developments, including the Presidential Election.
With the Manufacturing PMI falling from 51.6 in June to 49.6 in July, and forecasts suggesting it may trend around 53.00 points by the end of the quarter, this report will be closely watched for further signals on the economic outlook and potential impacts on monetary policy and market sentiment.
#EmperorMajesty #BTC☀ #btcupdates2024 #MarketExperts #BinanceLaunchpoolTON $BTC $ETH $BNB
LIVEEmperorㅤ
--
🚨 Unemployment Claims
August 22 is set to be a crucial day for the markets, with the release of key economic data that could significantly impact financial assets. Among the most anticipated reports is the U.S. Initial Jobless Claims, which will provide critical insights into the current state of the labor market.
The latest data showed a drop in unemployment claims by 7,000 to 227,000 for the week ending August 10, a notable decline from the previous 234,000 claims. This marked the second consecutive weekly decrease and brought claims to their lowest level in five weeks, contrasting with earlier predictions of an increase to 235,000.
Continuing claims also fell by 7,000 to 1,864,000, defying expectations of a rise to 1,880,000. The four-week moving average for initial claims, which smooths out weekly volatility, decreased by 4,500 to 236,500, reflecting some stability in the labor market. Despite broader concerns of an economic slowdown, these figures indicate underlying strength in employment.
With jobless claims now trending lower after peaking at 250,000 in late July, this data will be pivotal in shaping market expectations ahead of potential Federal Reserve actions. Investors will be watching closely, as this report could influence monetary policy decisions and market sentiment, adding a layer of complexity to an already volatile environment.
#EmperorMajesty #LowestCPI2021 #UnemploymentRate #MarketDownturn #SahmRule $ETH $BNB $BTC
August 22 is set to be a crucial day for the markets, with the release of key economic data that could significantly impact financial assets. Among the most anticipated reports is the U.S. Initial Jobless Claims, which will provide critical insights into the current state of the labor market.
The latest data showed a drop in unemployment claims by 7,000 to 227,000 for the week ending August 10, a notable decline from the previous 234,000 claims. This marked the second consecutive weekly decrease and brought claims to their lowest level in five weeks, contrasting with earlier predictions of an increase to 235,000.
Continuing claims also fell by 7,000 to 1,864,000, defying expectations of a rise to 1,880,000. The four-week moving average for initial claims, which smooths out weekly volatility, decreased by 4,500 to 236,500, reflecting some stability in the labor market. Despite broader concerns of an economic slowdown, these figures indicate underlying strength in employment.
With jobless claims now trending lower after peaking at 250,000 in late July, this data will be pivotal in shaping market expectations ahead of potential Federal Reserve actions. Investors will be watching closely, as this report could influence monetary policy decisions and market sentiment, adding a layer of complexity to an already volatile environment.
#EmperorMajesty #LowestCPI2021 #UnemploymentRate #MarketDownturn #SahmRule $ETH $BNB $BTC
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
NeiroOnBinance
645,208 views
748 Posts
Binance to List Neiro, Turbo, and 1MBABYDOGE Coin with Seed Tags
Binance News
34 Likes
11.7k views
BinanceLaunchpoolHMSTR
14.8M views
7,416 Posts
BinanceLaunchpoolCATI
8.7M views
4,333 Posts
