🔥 The Fed meeting will take place tomorrow

Consensus forecast - a 50 bp interest rate cut (probability = 65%)

❗️Twitter is actively pushing the topic of similarities between 2007 and 2024. In 2007, the Fed also cut the rate for the first time after a long cycle of monetary policy tightening.

▫️BlackRock is confident that the Fed rate cut will not be as significant as the market expects.

▫️Reuters analysts expect a 25 bp rate cut at tomorrow's meeting + two more times by 25 bp this year.

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@Сryptoz ₿

#ton #crv
🤝 TON Foundation and Curve Finance announced a partnership to develop a new project – announcement

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@Сryptoz ₿

🔞 FAIL: Another crypto investor “gave” scammers $649,000 because he copied the attacker’s wallet address from the transfer history…

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@Сryptoz ₿

🔼 US stock market is "green" today!

#BTC > $60,000

▫️Intel and Microsoft shares are growing amid big announcements.

▫️Microsoft has approved the largest "buyback" in its history for $60,000,000,000.

▫️Intel announced a partnership with Amazon Web Services + announced the reform of the Intel Foundry division into a subsidiary with external financing.

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@Сryptoz ₿

🤝 #USDC Circle and Polymarket Announce Partnership – twitter

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@Сryptoz ₿

#opinion
🤔 Arthur Hayes believes Fed rate cut is a bad idea (coindesk)

"Inflation is still a problem in the US. Risk assets could collapse within days of the first #Fed rate cut."

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@Сryptoz ₿

🇪🇺 #ECB Macro Data (Eurozone) - CPI:

▪️Consumer Price Index (CPI) (YoY) (Aug)

ACTUAL: 2.2%
FORECAST: 2.2%
PREV: 2.6%

▪️Consumer Price Index (CPI) (MoM) (Aug)

ACTUAL: 0.1%
FORECAST: 0.2%
PREV: 0.0%

▪️Core Consumer Price Index (CPI) (YoY) (Aug)

ACTUAL: 2.8%
FORECAST: 2.8%
PREV: 2.9%

▪️Core Consumer Price Index (CPI) (MoM) (Aug)

ACTUAL: 0.3%
FORECAST: 0.3%
PREVIOUS: -0.2%

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@Сryptoz ₿

#ton
🤑 Cryptocurrency exchange Bitget and Foresight Ventures invested $30,000,000 in TON – TheBlock

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@Сryptoz ₿

#insider
😮 Revolut Bank is going to issue its own stablecoin – coindesk

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@Сryptoz ₿

‼️ Fed - Interest Rate Decision!

ACTUAL: 5.00% (-0.5%)
FORECAST: 5.25%
PREV: 5.50%

@Сryptoz ₿

❗️ COVER LETTER #FEDERAL SERIES

▫️Economic activity continues to grow at a solid pace.
▫️Job growth has slowed.
▫️Unemployment has increased but remains low.
▫️Inflation is steadily moving toward the 2% target.
▫️The risks to the Fed's dual mandate are balanced (inflation/labor market).
▫️The economic outlook is uncertain.
▫️The Fed's further monetary policy depends on macro data.
▫️The Fed will continue to reduce its balance sheet (#QT).
▫️This year, the Fed expects two more rate cuts of 25 bp each.
▫️Fed Rate Forecast = 3.4% by end-2025.
▫️Inflation Forecast = 2.3% by end-2024 (previously = 2.6%).
▫️GDP Forecast = 2% by end-2024 (previously = 2.1%).
▫️Unemployment Forecast = 4.4% by end-2024 (previously = 4%).

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@Сryptoz ₿

💥 FedWatch: Probability of a 25 bp Fed rate cut in November = 61.5%!

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@Сryptoz ₿

⚡️ Jerome Powell (#Fed Chair):

✔ The economy is generally strong.
✔ The labor market continues to cool, a notable improvement from earlier this year
✔ Our decision today reflects growing confidence that labor market stability can be maintained.
✔ Consumer spending remains stable.
✔ Inflation has declined markedly, but remains above our target.
✔ The labor market is not a source of increased inflationary pressure.
✔ We expect stable GDP growth.
✔ Risks to inflation have declined.
❗️ Risks to a worsening labor market (employment) situation have increased.
✔ Our forecasts are not a plan or a decision.
✔ We will adjust the Fed's monetary policy as needed.
✔ If labor market conditions worsen, we will be able to respond.
❗️ We can cut rates faster or slower, or pause if appropriate (all depends on the economy).
✔ Most Fed chairs supported today's 50bp cut, but there was a lot of debate.

AOX1AY2T
@Сryptoz ₿

❗Jerome Powell (#Fed Chair):
(Part 2)

✔ Today's interest rate decision is a good start for the Fed to begin easing its monetary policy.
✔ I don't think we are behind schedule.
✔ The labor market is stable, we intend to maintain this.
✔ The 50 bp rate cut is NOT an attempt to catch up or change the pace of Fed monetary policy easing.
✔ We want to maintain a strong US economy.
✔ Retail sales and GDP for the 2nd quarter indicate sustainable economic growth - this will also support the labor market.
✔ The Fed was very patient, other global central banks started cutting rates earlier.
✔ There is no need for further cooling of the labor market to reduce inflation to 2%.
✔ We are not declaring victory over inflation yet.
✔ Housing inflation is one of the factors that is slowing down the process a little.
✔ We could have easily cut the rate in July if we had had employment data at that time.

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@Сryptoz ₿

🚫🇺🇸 #RARI SEC Sues DeFi Platform Rari Capital – Document

“Rari Capital and its founders misled investors and operated as unregistered securities brokers.”

“Earn pools and Fuse pools operated as cryptocurrency investment funds.”

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@Сryptoz ₿

😳 Kamala Harris is already ahead of Donald Trump by 4% on Polymarket

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@Сryptoz ₿

🚨🚨🚨 $63,000 Bitcoin

- $146,680,000 worth of SHORT positions liquidated in 24 hours (coinglass)

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@Сryptoz ₿

🔝 TOP 4 Countries by BTC Balance! (Arkham)

1. USA – $12,160,000,000

2. UK – $3,670,000,000

3. Bhutan – $785,460,000

4. El Salvador – $351,750,000

Honorable Mention – Germany Now Has “ZERO” (After $3.56 Billion Sale)

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@Сryptoz ₿

😳 7 of the world's 10 largest central banks have already begun to cut interest rates - Reuters

Investors expect strong volatility + talk of RECESSION is intensifying amid the Fed's rate cut by 50 bps at once.

Z8BEZEE2
@Сryptoz ₿