👉500 PEPE EveryDay Free Click Here 👈 Grab daily PEPE rewards! Log in every day to receive 500 PEPE, deposit to earn 1000 PEPE, and complete a trade on Spot, Convert, or Margin to get an additional 1500 PEPE - every day until July 2nd. $PEPE #PEPE #BishalWithUSDC
Ethereum's price performance has been impressive lately, surpassing $2,600 and showcasing a strong resurgence. According to a popular trader, Axel Bitblaze, Ethereum seems set to overtake Bitcoin in the coming months.
Key Factors Driving Ethereum's Growth - Institutional Demand:BlackRock's reported purchase of 7,976 ETH, worth around $18.9 million, and push for staking exchange-traded funds could introduce real, yield-generating institutional demand.
- Whale Accumulation:On-chain data shows that whales have purchased 138,511 ETH, worth about $337 million, in the past 48 hours, bringing momentum to the Ethereum price.
- Increased Liquidity: More liquidity seems to be flowing into Ethereum than Bitcoin, with ETH's trading volume surpassing BTC's volume for the first time in years.
- Pectra Upgrade:The Ethereum Pectra upgrade, which went live on May 7, has been a deflationary factor, with around 38,000 ETH burned in just a few days, increasing deflationary pressure.
Market Performance - Current Price:Ethereum's current price is around $2,483.34, with a slight decrease of 0.12% in the last 24 hours.
-Recent Gains: However, ETH has reflected an over 10% increase in the past 24 hours, and more than 40% in the last seven days.
-Market Cap: Ethereum's market cap stands at $290.46 billion.
Future Projections According to Axel Bitblaze, Ethereum's price could travel toward $2,800 or even $3,000 before seeing any major correction. However, the trader advises investors to exercise caution due to the market sentiment being overheated at the moment. $ETH #ETHCrossed2500
The Federal Open Market Committee (FOMC) Meeting is a pivotal event in the US financial calendar. Here's what you need to know about the upcoming meeting:
What is FOMC? The FOMC is a committee of the Federal Reserve Board that sets monetary policy, including setting interest rates. They hold eight regularly scheduled meetings per year.
Upcoming Meeting Schedule: The FOMC has a meeting scheduled for May 6-7. Given the current economic climate, it's likely that interest rates will be held steady at a range of 4.25%-4.50%.
Key Discussion Points: - *Interest Rates:* Markets expect the Fed to hold rates steady, but there are predictions of potential rate cuts in July, with a 56% chance priced in. - *Trade Wars:* Trump's tariffs have muddied the economic outlook, and the impact on growth and inflation remains uncertain. - *Economic Data:* There's a divide between "hard" and "soft" data, with hard data showing a strong economy, while soft data indicates deteriorating sentiment.
*Potential Outcomes:*
- Rate Cuts:Possible rate cuts in July, September, and October, with Goldman Sachs predicting three consecutive 0.25% rate cuts.
- Steady Rates: If inflation remains sticky and tariffs hurt growth less than expected, rates could stay steady for the rest of the year.
- Recession:A trade war escalation and recession could prompt more aggressive rate cuts. #FOMCMeeting #BishalWithUSDC $BNB
Binance Insights: Bitcoin Reserve Deadline The #BitcoinReserveDeadline is approaching! As a leading crypto exchange, Binance is well-positioned to capitalize on the growing momentum. Market Trends: - Increased reserve accumulation - Growing investor confidence - Emerging opportunities for traders and investors Binance Opportunities: - Trade Bitcoin and other cryptocurrencies with confidence - Participate in promotional campaigns, including potential airdrops - Stay informed with real-time market updates and insights Get Ready: As the deadline nears, Binance users can position themselves for success by staying informed and adapting to market shifts. Don't miss out on the opportunities that this momentum brings! #BitcoinReserveDeadline
🇧🇭 The Central Bank of Bahrain has granted a payment service provider license to BPay Global, a subsidiary of Binance 🟠 Group to operate in the Kingdom of Bahrain. $ETH #BishalWithUSDC
🌙 Eid Mubarak! Celebrate with Us and Enjoy Your Rewards! 💖
Dear family As the blessed occasion of Eid approaches, I would like to take a moment to extend my heartfelt wishes to each and every one of you ❤️🔥Happy Eid Mubarak!❤️🔥 May this special time be filled with joy, love, and togetherness, bringing you and your families abundant blessings. In the spirit of celebration, we are excited to announce that we will be rewarding our members as a token of appreciation for your continued support and engagement. We believe that your dedication has played a significant role in our community’s success, and we want to recognize your efforts.
Reward Type:$DOGE
How to claim more gifts from me 1. Followe me 2. join my channel #BishalWithUSDC
We hope that these rewards bring you joy and enhance your celebrations during this festive season. Thank you for being a valued part of our community. Wishing you and your loved ones a joyous Eid filled with peace and happiness. Warm regards BISHAL