Market Update: $BTC on the move! 🚀 Bitcoin continues to sho | Ameer Hasssan on Binance Square

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Market Update: $BTC on the move! 🚀Bitcoin continues to show strength amidst global market uncertainty. Eyes are on key resistance around $70K — will it break through? 🟧📈
Stay sharp, volatility is back.
#Bitcoin #Crypto #BTC #CryptoTrading #BitcoinPrice #BTCUSD #CryptoMarket 
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🚀 The Future of AI x DeFi is Here! #DAOBaseAI is gearing up for its Binance TGE launch – and it’s BIG. 🔗 Decentralized. Autonomous. AI-Powered. Get ready to witness the next evolution in governance and utility. 🧠 Smarter decisions. 🤖 AI-driven efficiency. 🌐 Powered by community. 📅 Don’t miss the #BinanceTGE – This is just the beginning. #DAOBaseAIBinanceTGE #Crypto #Web3 #AIRevolution #BinanceLaunch #DAOBaseAIBinanceTGE #DAOBaseAIBinanceTGE

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Here's a concise article summarizing key points from a recent Federal Open Market Committee (FOMC) meeting: --- ** its latest FOMC meeting, maintaining the benchmark interest rate at **5.25%-5.50%** for the seventh consecutive meeting. While inflation remains elevated, Chair Jerome Powell signaled growing confidence in the disinflationary trend, hinting at potential policy adjustments later this year. Key Takeaways: 1. **"Higher for Longer" Persists:** Rates remain at a 23-year high as the Fed seeks "greater confidence" inflation is sustainably moving toward its 2% target. 2. **Slower Balance Sheet Runoff (QT):** Starting in July, the Fed will reduce the pace of its Treasury securities roll-off from $60 billion to $25 billion monthly—a move to ease liquidity pressure without halting contraction. 3. **Dovish Shift in Projections:** Updated "dot plots" revealed **one projected rate cut in 2024** (down from three in March), but projections now show **four cuts in 2025** (up from three), reflecting cautious optimism. 4. **Inflation Progress Noted:** Powell acknowledged "modest further progress" on inflation but emphasized the need for sustained improvement, particularly in services. 5. **Labor Market Resilience:** The Fed sees the jobs market cooling gradually but remains strong overall, reducing urgency for immediate cuts. Market Reaction: * Stocks rose moderately on the QT taper and Powell’s acknowledgment of disinflation. * Treasury yields dipped slightly, particularly in the 2-10 year segment. * Traders increased bets on a **September rate cut** (now ~65% probability). Outlook: The Fed remains data-dependent. While a July cut is highly unlikely, **September is in play** if upcoming inflation (CPI, PCE) and employment reports align with the Fed’s evolving outlook. Patience remains the watchword, but the pivot discussion is now firmly underway. #FOMCMeeting

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Vietnam is taking significant steps toward regulating digital assets. The Ministry of Finance is finalizing a legal framework for cryptocurrencies, with a pilot exchange set to launch in March 2025. This initiative aims to enhance market transparency and investor protection. Prime Minister Pham Minh Chinh has directed the Ministry of Finance and the State Bank of Vietnam to submit a comprehensive legal framework for digital currencies by March 2025. This move underscores the government's commitment to integrating digital assets into the formal economy. Vietnam's digital asset market is thriving, with approximately 17 million citizens holding digital assets, totaling over $100 billion in market value. The government's regulatory efforts aim to harness this potential while ensuring financial stability and security. #VietnamCryptoPolicy #DigitalAssets #CryptoRegulation #Blockchain #VietnamFinance #VietnamCryptoPolicy

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Another major move in the Bitcoin space! 📈 Metaplanet has just made another BTC purchase, strengthening its position as Japan’s version of MicroStrategy. Bitcoin continues to gain traction with institutional players. #Bitcoin adoption is happening — one balance sheet at a time. 🟧💥 #Metaplanet #BTC #Bitcoin #CryptoNews #InstitutionalAdoption #MetaplanetBTCPurchase

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Watching the $BTC chart closely today—volatility is real! Are we gearing up for a breakout or a correction? Time to stay sharp and trade smart. 🚀📉 #BTC #CryptoTrading #Bitcoin" $BTC

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