💫VanEck head of research Matthew Sigel said the possibility | Parrot Bamboo på Binance Square

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💫VanEck head of research Matthew Sigel said the possibility of launching a Spot Solana ETF depends largely on the outcome of the 2024 presidential election and whether Gary Gensler continues to serve as SEC chairman.
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The short-term price crashed into orders at the 57,000 level. After the orders entered again at 56,000 levels, it moved towards the same region. Broadly speaking, there are orders lined up between 52,000-49,000. As we can understand from the color entered at 44020, 43.900 and 43.800, there are limit orders that are not as high as the above orders but can be seen as significant. #Btc $BTC

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🚨According to Coinglass data, liquidation of $ 595 million took place in futures transactions in the last 24 hours. •75% of these ($446 million) are long positions. •A total of 207,117 people were liquidated. #Btc $BTC

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Fed Monetary Policy Report; -Labor supply and demand are similar to the pre-pandemic period, when the labor market was relatively tight but not overheated. -There has been moderate progress in inflation this year, but more confidence is still needed before moving on to interest rate cuts. -Liquidity remains at an adequate level in most national banks. -Financial conditions seem a bit restrictive in general and the pace of bank loans is also a bit slow. Valuations are high relative to fundamentals across major asset classes. #Btc #fed $BTC

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🚨According to Lookonchain data, the German government, the US government and MtGox have transferred a total of 17,788 BTC ($1.08 billion) since June 19. •The German government continues to transfer BTC every day since July 1. #Btc #MtGox $BTC

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Summary of Fed's Williams' Latest Statements on Inflation: • Although inflation remains high, the Fed is making progress toward meeting its long-term goal of 2%. • Williams expects inflation to fall to 2% by 2025. • It did not give a clear timeline for interest rate cuts and increases due to economic uncertainties. #Fed #btc $BTC

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