JUST IN:🇦🇪Crypto.com has received official approval from regulators in Dubai to offer crypto futures and perpetual contracts to institutional investors and qualified individuals. This allows them to trade more advanced financial products based on cryptocurrencies in a regulated environment, boosting credibility and expanding market access in the region. #Binance #Write2Earn
JUST IN: 🇺🇸 US Core PPI falls to 3.4%, lower than expectations.
In the context of cryptocurrency, the fall in the U.S. Core PPI to 3.4%, which is lower than expectations, could have a few implications:
Market Sentiment: Lower-than-expected inflation data can lead to a positive market sentiment, as it suggests that price pressures are cooling down. This might encourage investors to take on more risk, potentially leading to higher demand for assets like Bitcoin and altcoins.
Federal Reserve Policy: A lower Core PPI could influence the Federal Reserve's decisions on interest rates. If inflation is cooling, the Fed might hold off on aggressive rate hikes or even lower rates. Lower interest rates tend to make traditional investments (like bonds) less attractive, potentially pushing investors towards riskier assets, including crypto.
Investor Behavior: Crypto markets are often sensitive to macroeconomic data. A sign of lower inflation might reduce fears of aggressive tightening, which can lead to more liquidity in the system and a potential boost to crypto prices.
Risk Appetite: If inflationary concerns ease, it could lead to increased risk appetite from both institutional and retail investors, potentially driving more capital into crypto assets.
Overall, lower Core PPI could be seen as a bullish signal for crypto, but the response would depend on how markets interpret it in relation to broader economic conditions and Fed actions. #USInflationData #Write2Earn
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$SHELL /USDT long Current Price : 0.3098 Enter here cross the resistance level Previous Strong Support : 0.2789 leverage: 10x to 20x TP: 0.3130| 0.3190 | 0.3250 | 0.3310 Stop Loss: 0.3000 #Binance #Write2Earn
$QUICK /USDT long Current Price : 0.02590 Enter here cross the resistance level Previous Strong Support : 0.02371 leverage: 10x to 20x TP: 0.02650| 0.2710 | 0.02770 | Stop Loss: manage that can you bear #Binance #Write2Earn
$LAYER /USDT long Current Price : 0.8145 Enter here or wait if go short cross the resistance level Previous Strong Support : 0.7694 leverage: 10x to 20x TP: 0.8190| 0.8250 | 0.8310 | 0.8400 Stop Loss: manage that can you bear #Binance #Write2Earn
$MOVE /USDT Short Current price :0.5235 Strong Resistance : 0.5525 Strong Support : 0.4786 entry at near about 0.5230 leverage 10x maximum further bearish can lead towards 0.5200 | 0.5140 | 0.5080 | 0.5000 Stop loss: manage that can you bear #Binance #Move #Write2Earn!
$BNX /USDT Short Current Price : 0.9999 Enter here or wait for the breakthrough if go long Strong resistance :1.0298 Previous Strong Support : 0.9305 TP: 0.9958| 0.9890 | 0.9810 | 0.9750 | 0.9670 Stop Loss: Bear as you can #Binance #Write2Earn
$KAITO /USDT Long Current price :1.6348 entry after1. 6365(wait for the confirmation) leverage is to be 10x maximum. TP: 1.6400 | 1.6450 | 1.6510 |1.6590 Stop loss : 1.6280 (or bear as you can) #Binance #KAITOBullish #Write2Earn
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Hello guys . .. Good Morning . . with upward market trend. Market is know recovering. $BTC ,$ETH ,$XRP and many other top coins are moving up word. .. enjoy the trend. #Recoveryourmoney #BullRunAhead