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Flawless trade result 👍😎
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#PowellVsTrump #PowellVsTrump: A clash of titans, though not always in the way you'd expect. While the hashtag might bring to mind the late Colin Powell, the retired four-star general and former Secretary of State, and his sharp criticisms of Donald Trump's presidency, it's also highly relevant to the ongoing tension between Donald Trump and Jerome Powell, the current Federal Reserve Chair. Colin Powell, a respected figure across the political spectrum for much of his career, became an outspoken critic of Donald Trump, particularly during his presidency. Powell publicly denounced Trump's rhetoric and actions, calling him a "national disgrace" and accusing him of "drifting away" from the U.S. Constitution. He ultimately endorsed Joe Biden in the 2020 election, stating he could no longer call himself a Republican. Trump, in turn, often responded with disparaging remarks about Colin Powell, even after his death. More recently, #PowellVsTrump largely refers to the dynamic between President Donald Trump and Federal Reserve Chair Jerome Powell. Trump, who appointed Jerome Powell to the Fed's top job in 2018, later became a fierce critic of his monetary policy, especially the Fed's interest rate hikes. Trump repeatedly called for lower interest rates and has floated the idea of replacing Powell if he were to return to the White House, even though Powell's term as Fed Chair extends until 2026. This ongoing tension highlights a fundamental debate: the independence of the Federal Reserve versus political pressure on economic policy.
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1000FLOKI/USDT Short Trade Analysis Trade Type: Short Leverage: 20x to 75x Entry Range: $0.1290 - $0.1300 Targets: * Target 1 (T1): $0.1260 * Target 2 (T2): $0.1240 * Target 3 (T3): $0.1200 Stop-Loss (SL): $0.1350 Risk Management: Use only 1% margin of your total portfolio. * High Leverage: Using 20x to 75x leverage #1000FLOKIUSDT
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BREAKING NEWS: A bipartisan coalition of 210 Democrats and 13 Republicans in the U.S. House of Representatives voted to block the advancement of key cryptocurrency legislation, including the Crypto Genius Act, the Clarity Act, and the Anti-CBDC Act. Option 3 (More Contextual) LATEST: Efforts to push forward major cryptocurrency legislation in the U.S. have stalled. The Crypto Genius Act, Clarity Act, and Anti-CBDC Act were all voted down, with 210 Democrats and 13 Republicans opposing their advancement.
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Deutsche Bank, a major global financial institution, has reportedly observed a significant drop in Bitcoin's volatility, suggesting a maturing market for the cryptocurrency. This shift could pave the way for Bitcoin to evolve into a more stable and strategic asset. Historically, Bitcoin has been characterized by extreme price swings, which has limited its appeal to traditional institutional investors seeking less risky assets. However, a decrease in volatility indicates that the market is becoming more robust, potentially due to factors such as: * Increased Institutional Adoption: The entry of more institutional players, including the launch of spot Bitcoin ETFs, has brought more liquidity and stability to the market. * Larger Market Capitalization: As Bitcoin's market cap grows, the impact of individual large trades or events on its price lessens. * Broader Understanding and Acceptance: A more widespread understanding of Bitcoin's underlying technology and its potential as a digital asset contributes to more rational market behavior. If Bitcoin continues on this path of reduced volatility, it could increasingly be viewed by large financial entities as: * A Strategic Asset: Meaning it could be integrated into diversified investment portfolios, similar to how gold or other commodities are used as hedges against inflation or economic uncertainty. * A Store of Value: Its limited supply and decentralized nature could make it an attractive alternative to traditional fiat currencies in times of economic instability. * A Diversifier: Its relatively low correlation with traditional assets could make it a valuable tool for portfolio diversification. This assessment from a prominent bank like Deutsche Bank underscores a significant shift in the perception of Bitcoin within mainstream finance, moving it further away from a purely speculative instrument and closer to a recognized, long-term investment asset.
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BTC Dominance Analysis: The chart illustrates Bitcoin's market dominance, which has reportedly broken down from a rising wedge pattern. This breakdown, coupled with significant volume, is typically a bearish signal for BTC dominance. Key Observations from the Analysis: * Rising Wedge Breakdown: The analysis states that BTC Dominance has broken down from a rising wedge pattern. A rising wedge is generally considered a bearish reversal pattern, especially when a breakdown occurs. * Significant Volume: The breakdown being accompanied by "significant volume" adds conviction to the bearish signal. * Ichimoku Cloud as Support: Currently, the Ichimoku Cloud is acting as a support level. This means the price is currently resting on a level that could potentially halt further declines. * Potential for Further Downside: The analysis warns that a breakdown below the Ichimoku Cloud could lead to further downside. This is a critical point to watch for confirmation of continued bearishness. * Inverse Relationship with Altcoin Market Cap: The final note highlights a crucial relationship: BTC Dominance often has an inverse relationship with the altcoin market cap. This implies that if BTC Dominance continues to fall, it could be bullish for altcoins, as capital might flow from Bitcoin into alternative cryptocurrencies. In summary, the current outlook for BTC Dominance, based on this analysis, is bearish due to the rising wedge breakdown. The Ichimoku Cloud is the immediate support to watch. If it fails, further declines in BTC Dominance could be expected, potentially signaling a rally in the altcoin market.
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