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Cas Abbé
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Cas Abbé
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Calling it now - $LINK will be hitting $50 and higher in the coming months
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5 Biggest Volatile Events This Week 1) 12th May: 11.31 million APT tokens worth $66.72 million will be unlocked. If market momentum fades, this could result in price correction. 2) 13th May: CPI and Core CPI data will be released. If this comes lower than expected, it'll increase rate cut chances in June. 3) 14th May: Several FED governors will speak at a conference. It will be interesting to know their perspective on upcoming rate cuts 4) 15th May: Initial jobless claims and Core PPI data will be released. A higher than expected number could cause downside volatility. 5) 16th May: 92.63 million ARB tokens worth $42.2 million will be unlocked.
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$ETH needs to hold $2.5K level for more upward continuation. In March, $2.5K acted as a major resistance which resulted in new lows. The good thing is that now we have some bullish catalysts. - US and China have announced trade deals - BTC dominance is showing weakness - Buyers are stepping in for ETH If ETH manages to hold $2.5K, I think a rally towards $3K is highly likely this month.
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Breaking News 🚨🚨 US-China trade deal terms are now out. The US will lower tariffs on Chinese goods to 30% for 3 months. China will lower tariffs on US goods to 10% for 3 months.
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If you hold this one token, read this tweet. WBT massive token unlock is set to happen on May 13th. WBT is the native token of Whitebit, which is one the biggest exchanges in Europe. On 13th May, 39.49 million WBT tokens worth $1.19 billion will be unlocked. The unlocked amount represents 27.4% of its market cap and the entire unlocked amount will go to the team and foundation. This is why WBT is currently lagging as investors are skeptical of it. If you're someone who is looking to add $WBT, it would be better to wait till the token is unlocked before starting DCA into it.
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