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🇯🇵 Japanese public company Metaplanet stock performance after adopting the #Bitcoin strategy.

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🤓The cryptocurrency reacted positively to the Fed rate cut and Powell's speech.

💰Bitcoin is trading around $62,000, ETH — $2,400.

During his speech, Powell noted that everything is under control, the economy is strong, the labor market is no longer overheated, and inflation is still above the target.

❗️But a 0.5% decline should not be seen as the beginning of a new stage of declines.

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🇺🇸 Donald Trump uses 🥇 #Bitcoin to pay at a bar in New York.

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BREAKING: 🇺🇸 Louisiana state government now accepts 💰 #Bitcoin as payment

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BREAKING: 💰 MicroStrategy increased its raise to $875 million to buy more #Bitcoin and redeem outstanding Notes 🙌

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Forward from: Crypto | Bitcoin | Ethereum | Altcoin | News
🔥 BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.

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Forward from: Crypto | Bitcoin | Ethereum | Altcoin | News
BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.

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🇺🇸Publicly traded company Cathedra has officially adopted Bitcoin💎 as its primary treasury reserve asset.

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JUST IN: BlackRock and Microsoft to launch $30 billion artificial intelligence investment fund.

📰 Full Story

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🟠 Samson Mow’s thesis for $1 million Bitcoin 🔥

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💰 Massive Bitcoin Rally Predicted For Next 6 Months After Fed Rate Cut

According to CME Group’s FedWatch tool, markets are currently pricing in a 59% chance of a half-percentage-point rate cut and a 41% chance of a quarter-point cut. There’s an overwhelming expectation that by the end of 2024, the Fed could implement up to 100 basis points in cuts, with nearly 60% odds of 125 basis points.

Source

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🚨 CEX.IO: It’s not about the cut size, but understanding the further path.

The likelihood of the Federal Reserve’s 50 bps rate cut on September 18 skyrocketed from 13% to 67% following last week’s mixed PPI and labor data.

🔻 A 50 bps cut typically signals severe economic stress and often precedes recessions. This move could trigger higher volatility for Bitcoin compared to a smaller 25 bps reduction, raising concerns about the Fed's recession outlook.

⚖️ However, all eyes are on Fed Chair Powell's forward guidance, which could spark even more market volatility. Unclear short-term strategies from the Fed might drive increased risk aversion and weigh heavily on Bitcoin prices.


🌎 World Liberty FI, the crypto project owned by the Trump 🇺🇸 family, will have a non-transferrable token.

Sales are limited to accredited investors in the #USA and only account for 63% of the total supply according to The Block.

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🇧🇹The Kingdom of Bhutan currently holds 13,011 Bitcoin, valued at approximately $780.49 million.

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💎The cost to mint $1 billion USDT on Ethereum was only 0.46 cents.

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🇺🇸 Former SEC official, John Reed Stark, crashes out in an X Space over traditional financial institutions offering Bitcoin ETFs to clients 🤣

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💰 Private and Public Companies have grown their #Bitcoin holdings by 587% over the past four years — River Financial

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🇮🇳 Indian Court Bars Police From Freezing Entire Bank Accounts in #Crypto 💰 Fraud Probes.

An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen.

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🇺🇸 BREAKING: “President Trump is safe following gunshots in his vicinity. No further details at this time,” Trump campaign spokesman Steven Cheung said in a statement.

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