CryptoPulse
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CryptoPulse provides real-time news, market updates, and expert analysis on Bitcoin, Ethereum, altcoins, DeFi, and blockchain technologies.
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๐Ÿ“ข Bitcoin exchange deposits keep falling, now around 21K, down from 88K in 2021 and 126K at the last all-time high before BTC dropped to $80K.

โžก๏ธ Lower deposits = less selling pressure.

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News Bulletin โ€” December 10: A quick roundup of the major updates ๐Ÿ‘‡

https://t.me/MoC_Alpha/3775

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โณ Quick reminder: the FOMC rate-cut decision is due in 30 minutes.

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๐Ÿ‡บ๐Ÿ‡ธ The Fed cuts rates by 25 basis points.

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๐Ÿ“ข The U.S. Federal Reserve is set to purchase $40 billion in Treasury bills over the next 30 days.

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โ–ถ๏ธ Fed Chair Jerome Powellโ€™s speech is live now.

๐Ÿ”— Watch here: Click here

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โ–ถ๏ธ Fed Chair Jerome Powell's speech is live now.

๐Ÿ”— Watch here: Click here

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โ–ถ๏ธ Fed Chair Jerome Powellโ€™s speech is live.

๐Ÿ”— Watch here: Click here

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๐Ÿ’ฐ Bitcoin climbs to $94,000.

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๐Ÿ“ข The global stablecoin market cap has reached an all-time high of $310B, according to Token Terminal.

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Morning Thought ๐ŸŒ„

Perseverance matters. Keep going, and donโ€™t surrender unless youโ€™re truly forced to.

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๐Ÿ—ฃ๏ธ Today's Thought

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๐Ÿ‡ฎ๐Ÿ‡ณ Indian government collects โ‚น1,100 crore in crypto TDS over three years.

Know the details ๐Ÿ‘‡

๐Ÿ“ฑ https://x.com/wiseadvicesumit/status/1998987317885939989

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Ahead of the rate cut, hype lifted the market. But as soon as the cut landed, selling pressure returned and the market declined. Classic โ€œbuy the rumour, sell the news.โ€ This move wiped out many overleveraged long positions, with the next major support around $88K.

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๐Ÿ“ข Bhutan launches TER on Solanaโ€”a sovereign-backed digital token backed by physical gold.

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Coinbase will enable users to trade every Solana token on a DEX, even if they arenโ€™t officially listed.

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๐Ÿšจ The Federal Reserve cut rates by 25 basis points. Right after the announcement, the market slidโ€”the usual squeeze on long positions at work. And since we're in the Christmas month, January could bring a bullish setup.

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The government is pocketing over 1,000 crores with just 1% TDS, and there are no proper regulations in place. ๐Ÿ˜‚๐Ÿ‘‡

๐Ÿ“ธ https://www.instagram.com/reel/DSHykrnj54X/

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Bitcoin liquidations on both sides. The price could dip toward around $88k, a solid support level, and from there we could see a bounce. Keep an eye on it.

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๐Ÿ“ข US Initial Jobless Claims data just came out ๐Ÿ‡บ๐Ÿ‡ธ

โžก๏ธ Actual: 236K
โžก๏ธ Expected: 220K

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๐Ÿ“ข The UAE's telecom giant e& is piloting a dirham-backed stablecoin for daily payments, after signing an MoU with Al Maryah Community Bank.

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