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Muhammadasif55
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#BinanceHODLerZKC @Binance Customer Support has announced Boundless #ZKC as the 39th project on the #BinanceSquareFamily #HODLer Airdrops. Users who subscribed their BNB to Simple Earn and/or On-Chain Yields products from September 2 to 5 were eligible to receive @ZKC airdrops. A total of 15 million #ZKC tokens were allocated to the program, accounting for 1.5% of the total token supply.¹
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#AltcoinETFsLaunch The #Altcoin ETFs launch has brought significant attention to the crypto market, particularly with Solana (SOL), Litecoin (LTC), and @Hedera @hbar ETFs now trading on major US exchanges. Here's a brief overview¹ ²: - *Launched ETFs:* - *Bitwise Solana Staking ETF @BSOL : Offers direct exposure to Solana with staking rewards of up to 7% annually. - *Canary Litecoin ETF #LTCC *: Allows investors to invest in Litecoin through a regulated ETF. - *Canary Hedera ETF (HBAR)*: Provides a new way to support the Hedera network. - *Market Reaction:* @hbar price surged 16-18%* after the launch announcement. - *LTC increased over 4%*, showing positive market sentiment. - *SOL's price reaction was muted*, possibly due to market uncertainty and the US government shutdown. - *Impact:* - *Increased institutional adoption*: These ETFs provide a regulated pathway for investors to access #altcoins. - *Growing acceptance*: This development signifies a shift in the crypto space, with @Altcoin s gaining mainstream recognition. - *Future Outlook:* - *More ETFs in the pipeline*: Over 100 spot crypto ETFs are awaiting approval, indicating continued growth in the crypto market. - *Potential for #altseason 2025*: Analysts believe this could signal a broad market shift favoring @altcoins_lover driven by capital rotation from Bitcoin and other assets.
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#FOMCMeeting The US Federal Reserve, led by Chairman Jerome Powell, has cut the key interest rate by 25 basis points to 3.75-4.00%. This decision aims to support the US economy amid elevated inflation and uncertainty. Here are the key highlights¹ ²: - *Rate Cut Details*: - *Current Rate*: 3.75-4.00% - *Previous Rate*: 4.00-4.25% - *Vote Ratio*: 10-2 in favor of the rate cut - *Economic Outlook*: - *Uncertainty Remains*: The Fed acknowledges uncertainty in the economic outlook, citing inflation and employment market concerns. - *Inflation Concerns*: Powell attributes the rise in CPI inflation to tariffs imposed by President Donald Trump, which have pushed up goods prices. - *Future Rate Cuts*: - *December Cut Not Certain*: Powell emphasizes that a further reduction in the policy rate at the December meeting is "not a foregone conclusion." - *Data-Driven Decisions*: The Fed will carefully assess incoming data, the evolving outlook, and the balance of risks to make future decisions. - *Economic Impact*: - *Boost to Economy*: The rate cut aims to bolster the US economy amidst tariff adjustments and assess the impact of the ongoing government shutdown. - *Lower Borrowing Costs*: Reduced rates could lead to decreased costs for mortgages, vehicle financing, credit card debt, and commercial loans.
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