CPI is in 2 hours. Forecast is 3.3 but we have to be below 3.7%

Anything below that technically speaking is good

3.3% market pumps

Celestia $TIA token (our free airdrop) is up 170% in total.

If you claimed for the most basic task that’s already 750$

If you used testnet etc you should be at 5k +

BREAKING: 🇺🇸 US inflation falls to 3.2%, lower than expectations.

Big one minute 1000$ down candle

There is a token airdrop today. 90.000 wallets are egilible.

You can check if your SOL wallet is one of them, and if so, claim your tokens today at 2pm UTC. Good Luck! 🔥

https://pyth.network/blog/guide-to-claiming-your-retrospective-airdrop-allocation
https://airdrop.pyth.network/review-eligibility

In 8 hours, it's time for NVIDIA to deliver their numbers.
What If NVIDIA Fails to Deliver? Insights into AI's Future.

🔍 NVIDIA's Critical Earnings:
NVIDIA has consistently exceeded earnings expectations, vital for AI's momentum. Their success with AI chips like the A100 and H100 fuels AI innovations, including ChatGPT. 

🌏 China's Strategic Moves:
Because of US restrictions, China --is-- was stockpiling chips. This demand should now weaken. Nvidia released a weaker special B series for China to circumvent US sanctions. However, this has also been forbidden. A potential C series is in the making, but because it is so weak, Chinese companies probably cannot operate their AI clusters efficiently and therefore won't buy it.

🔮 Scummy tactics:
NVIDIA's last earnings report was boosted by a triangle deal.
The billions that exceeded expectations came from this arrangement. The deal was between an NVIDIA-affiliated party and themselves, with money borrowed from BlackRock, which also has a financial interest in seeing NVIDIA stock go up.

📉 Market Implications:
NVIDIA's performance is closely watched. If they cannot pull a rabbit from a hat again, basically using financial magic, their earnings should weaken.
A downturn might cool AI hype drastically; all the big tech companies that currently push up index prices are bound to NVIDIA and their success. Stay tuned for more updates on how these developments shape the AI landscape.

Binance in the crossfire of US justice - is a DPA looming?

The US judiciary is taking a new direction: Binance could avoid criminal prosecution through a Deferred Prosecution Agreement (DPA). 👇

What does that mean? Binance would have to fulfill strict conditions - pay massive fines, implement corporate reforms and demonstrate complete transparency. A change of course for the otherwise closed crypto exchange. 🚨

The DPA is like a sword of Damocles: Binance undertakes to cooperate, otherwise the charges could be reopened.

The challenge? Implementation is anything but easy and requires to be under observation that lasts 24/7/365 - an expensive undertaking. 🔍

Can they transform themselves from a libertarian to a law-abiding, transparent institution?

The situation is delicate - a dilemma between the demands of justice and their own principles...

One hour before the NVIDIA meeting we will get an announcement about Binance and their agreement.

It’s going to be very interesting today.

BREAKING: CZ Steps Down and Pleads Guilty!

Officially confirmed: CZ relinquishes his leadership role and admits to violating U.S. anti-money laundering laws.

Additionally: CZ retains majority shares in Binance.
AND: Binance accepts a hefty fine of 4.3 billion USD. 🤯

A turning point and clear signal for the industry!

Rumour is Binance is now (after paying theses fines) out of money.

This explains the BNB sell off.

BTC Outlook
We may be going into another consolidation phase as BTC seems unable to break past the $38k resistance zone. No need to get chopped up in this range in the short term. If you want an entry, the fair value gap at $30-32k seems to be a solid position to buy into if you are looking for an entry. It may or may not happen anytime soon, but there is a good chance that FVGs will be retested eventually.

In terms of news, we do think that the actual ETF approval could be a sell the news event. It just seems like everyone is already positioned for the ETF approval and the actual benefits to having a spot BTC ETF will take some time to play out. Just because there is an ETF doesn’t mean TradFi will readily buy into it. With that said, we are fundamentally bullish on this in the long term.

In terms of ETH and alts, Total 2 (Mcap of Crypto excluding BTC) is facing local resistance and will need to breakout if we want to see a true altcoin rally. You could see some alts absolutely moon here or there, but we will need some more strength if we want something similar to the last bull market.

On-Chain sentiment is pretty positive currently as DeFi TVL finally turns positive after sustained bleeding in the bull market.

Happy thanksgiving 🦃🍁

Not much happening today for obvious reasons

Since multiple people asked: yes it’s an ERC20 token.

Meaning it can be bought with ETH on mainnet (or with a stablecoin through a DEX aggregator like 1Inch.io)

Market is currently looking favorable, we will probably call the gem in the evening.

If you don’t know how to use the ETH mainnet or DeFi in general, you should watch some YouTube videos about it.

I won’t cater to this audience; it’s your responsibility to find out how to make effortless multiples on your money (not guaranteed but good odds).

It isn’t difficult to use at all. A few tutorials, and you are up to speed.

Even for experienced users, check if you have enough ETH for transaction fees (a swap is currently about $25) and just go through the process again mentally. 

Exactly 30min from now we will post the GEM