🚨Trend Research #Deposits 17,289 $ETH Worth $53 Million to | Cryptø Info on Binance Square

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🚨Trend Research #Deposits 17,289 $ETH  Worth $53 Million to CEX Binance 

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🔥🚨$ETH surged 12% to $4,738 after 🇺🇸Fed Chair Jerome Powell signaled possible rate cuts, triggering risk-on sentiment. 🔴About $120M shorts were #liquidated fueling the rally. Crypto-linked stocks rebounded, though Ether ETFs still face record outflows, while Bitcoin rose 3%.

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🚨🎲 FanDuel Turns 🇺🇸Wall Street Into a Betting Game 🔹FanDuel is partnering with CME Group to let users wager on market events like Fed rate decisions or stock index levels, blurring the line between gambling and investing. 🔹While brokers like Interactive Brokers already offer such hedging tools, critics warn FanDuel’s gambling-first platform could distort perceptions of investing and divert money from traditional markets. 🔹The CFTC is still reviewing these event-based contracts, which could grow rapidly if approved. $BIO $EPIC $ASRR

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🚨🇺🇸 FED CHAIR POWELL: HIRING IS FREEZING, GDP SLUMPING, INFLATION RETURNING

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🚨🇺🇸Federal Reserve Chair Jerome Powell 📶signaled potential interest rate #cuts in September, citing shifting economic risks and job market weakness. His remarks at Jackson Hole 📈boosted the S&P 500 by 1.3%, fueling optimism for a continued summer market rally.

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🔴LIVE: 🇺🇸POWELL SIGNALS POLICY SHIFT AMID RISING JOBS RISK 🔹Fed Chair Jerome Powell ⚠️warned that the balance of risks has shifted, with downside pressures on employment growing while tariffs are visibly lifting consumer prices. 🔹He stressed that stable inflation expectations can’t be taken for granted, and announced the Fed is abandoning its 2020 flexible average inflation targeting framework. 🔹Powell left the door open to rate cuts, citing rising job risks, but stopped short of making a firm commitment.

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