FED'S DALY: WE HEAR THE ECONOMY IS DOWNSHIFTING
FED'S DALY: MINDS ARE OPEN TO CUTTING RATES IN COMING MEETINGS
FED'S DALY: IF REACT TO ONE DATA POINT, WE WOULD ALMOST ALWAYS BE WRONG
URGENT MARKET NEWS
-The Japanese Stock Market Has Sunk At Open, Down 6% So Far.
-The South Korean Stock Exchange Has Halted Sell Orders Due To Volatility, With The KOSPI ( South Korea's Standard Index) Down Almost 6%.
-Bitcoin Is Down 10% On The Day, With -Ethereum Down 20% In The Past 24 Hours
-India volatility index surges 20% as market extends fall, global markets slump
Long-term #Bitcoin HODLers are buying the dip, adding over 110,000 $BTC in July to their wallets!
Читать полностью…TRADERS ON POLYMARKET ARE PREDICTING A 60% CHANCE THAT THERE WILL FINALLY BE A RATE CUT AMID A TANKING STOCK MARKET !ODDS OF A 50+ BPS RATE CUT JUST TRIPLED.
- POLYMARKET
Powell is still Hawkish (suggests only one rate cut this year). Crypto markets gonna dump early August.
Читать полностью…FOMC in sometime.
high probability of no change in rates.
Market already priced in one rate cut in September. Even in press conference if Powell suggests the same - one rate cut in September, Market wouldn't react much eventually going down to 63k.
Any hints of Powell mentioning 2 rate cuts this year or Fed cuts rate this time, that's BULLISH. Max long
🇺🇸 The US national debt has surpassed $35 trillion, sparking fears about the sustainability of fiat currencies.
Читать полностью…Trump raises $25M at Bitcoin Conference fundraiser.
A roundtable meeting with Trump costs $844,600 per person, and a photo with him costs at least $60,000.
NY opened with bidders.
55k is key pivot, rejection straight to 45k. If acceptance above 55k, BULL is ON.
Some are panic selling
But i suggest you all to buy the dip
Eth - 1500-2200$ good range
Btc - 40-48k good range
Liquidation Alert
$231.8M Liquidated in last 24 Hrs.
Long Liquidation : $196.8M
Short Liquidation : $34.9M
Senator Cynthia Lummis says a Donald Trump presidency would be a "game changer" for Bitcoin.
Читать полностью…TD SECURITIES NOW SEES 75 BPS EASING IN 2024, WITH 25 BPS CUTS EACH IN SEPTEMBER, NOVEMBER AND DECEMBER MEETINGS. ...
Читать полностью…According to CNBC, Morgan Stanley told its financial advisors on Friday that it will soon allow them to offer Bitcoin ETFs to qualified clients, which will be the first among Wall Street banks. The company's approximately 15,000 financial advisors can sell two spot Bitcoin ETFs - BlackRock's IShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund - from August 7.
Читать полностью…Coinbase Q2 2024 Earnings Summary
Total Revenue: $1.45B (Estimate: $1.39B)
Transaction Revenue: $780.9M (Estimate: $745.1M)
Breaking: US jobless claims rise to 249,000, beating expectations of 236,000. This is the highest number since June 2023.
Читать полностью…Ethereum spot ETF had a net inflow of $33.6683 million yesterday, the first net inflow after net outflows in the past 4 days. Grayscale ETF ETHE had a single-day outflow of $120 million, and the current historical net outflow of ETHE is $1.844 billion. BlackRock ETF ETHA had a single-day net inflow of $118 million.
Читать полностью…According to Glassnode, 59,000 of Mt.Gox's 142,000 BTC have been distributed to creditors through Kraken and Bitstamp, and another 79,600 BTC will be redistributed to creditors soon. The identity of the creditors seems to represent HODLers or long-term investors, which may reduce the extent of seller pressure
Читать полностью…