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Cryptocurrency funds saw $223 million in outflows, ending a 15-week winning streak, after hawkish comments from the US Federal Reserve dampened market sentiment.
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You shouldn't think about how much you'll earn this week from your trading. 📊 • Instead, I suggest you ask yourself: - Do I have a plan to stay in this field and this business for the next fifty years? - If I do, don't worry... because the profits and money will take care of themselves. - This is the best field for quick profits, but the ease and sustainability in it depends on you. What crypto currencies are you considering investing in that will generate significant profits for you over the next five years? I'd love to see your answers in the comments. $BNB $SOL $XRP
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Gold trades above $3,375. Gold reversed early losses to trade above $3,375 an ounce on Tuesday, its highest level since July 23, as growing expectations that the Federal Reserve will cut interest rates boosted demand for the precious metal. • The ISM Services Purchasing Managers' Index (PMI) for July showed near-stalled growth, with employment declining and price pressures rising, adding to signs of a slowing labor market after a weaker-than-expected jobs report. • This weak data reinforced market bets that the Federal Reserve could cut interest rates twice before the end of the year, with the first move possibly coming in September. $ENA $EOS $GNO
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The odds of a September interest rate cut have risen to 94.4%. $TRUMP intends to announce his nominee for the vacant seat on the Federal Reserve Board soon. He may also reveal his nominee for the position of central bank chair. ❌ Treasury Secretary Scott Bessent was excluded from the list of candidates to head the Federal Reserve, as he wishes to continue in his current position (Treasury Sec.). In a television interview, Trump described Adriana Kogler's decision to leave her position early as a "pleasant surprise." $KNC $JOE
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Amazon Web Services (AWS) has integrated the $TON blockchain into its public dataset registry, enabling developers and analysts to access TON transaction data directly via AWS tools like Athena and SageMaker. This eliminates the need to run a dedicated node, streamlining access to on-chain analytics. $TON #AWS #TON
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The U.S. is preparing fines for banks that discriminate against crypto companies. The message is clear: the industry isn’t just tolerated, it’s being backed. From bans and crackdowns to governments protecting crypto from banks, that’s real progress. $M $SUI $TRX #usa #USACrypto #Write2Earn
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