harishj11

#FOMCMeeting The Federal Reserve is meeting today (June 17) and tomorrow (June 18), concluding with a policy statement at 2 p.m. ET followed by Chair Powell’s press conference at 2:30 p.m. ET .

The current target range for the federal funds rate is 4.25% – 4.50%, unchanged since December 2024 .

🛑 Market Outlook & Fed Expectations

Nearly all economists and traders expect the Fed to hold rates steady, given economic uncertainty—especially from tariffs and recent geopolitical tensions .

CME FedWatch shows a 98% probability the rate stays at 4.25%–4.50% .

The dot‑plot and Summary of Economic Projections to be released may signal fewer rate cuts than previously anticipated .

📊 Key Data Considered

Inflation measures (CPI, PPI, PCE) are cooling softly, nearing the Fed’s 2% target .

Labor markets remain strong, with an unemployment rate around **4.2%** .

However, uncertainty from Trump’s tariffs and Middle East tensions spiking oil prices may favor caution .

$BTC $BTC refers to the ticker symbol for Bitcoin, the world’s first and most prominent cryptocurrency.

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🔍 Quick Snapshot (as of mid-June 2025):

Current Price: ~$66,000–$69,000 (fluctuating due to recent news)

Market Cap: Over $1.3 trillion

Dominance: ~51–52% of total crypto market

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🚀 Recent Drivers of $BTC Price:

1. Institutional Adoption:

Companies like Metaplanet (Japan) and continued buying from MicroStrategy.

ETFs in the U.S. and Hong Kong boosting inflows.

2. Macroeconomic Climate:

Interest rate cuts by the Fed and ECB are seen as bullish for risk assets like BTC.

Global fiat currency concerns (e.g. Japanese yen weakness, Argentine peso crash).

3. Political Momentum:

Pro-Bitcoin rhetoric by figures like Donald Trump in the 2024–25 U.S. campaign.

El Salvador and other countries still expanding BTC infrastructure.

#VietnamCryptoPolicy 🇻🇳 1. Launching a Pilot Crypto Exchange

Deputy Finance Minister Nguyen Duc Chi (March 2025) confirmed that the Ministry of Finance will soon pilot a government-backed cryptocurrency exchange, with formal legal framework submitted in March .

The pilot includes sandbox testing, aiming to enhance transparency, protect investors, and capture tax revenues from trading activity .

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📜 2. Finalizing a Comprehensive Legal Framework

In May 2025, the Ministry of Finance was tasked to produce a regulatory regime addressing crypto assets to combat money laundering .

Working groups are developing three draft regulations expected by March–May 2025:

1. Draft DTI Law – defining “digital assets” and enabling sandbox authorisation .

2. Financial Center Resolution – setting rules and incentives for crypto-asset platforms in designated finance hubs .

3. Crypto Pilot Resolution – establishing a trial market regime (issuance, custody, trading) through end‑2027 .$ETH

#MetaplanetBTCPurchase #MetaplanetBTCPurchase likely refers to the recent news that Metaplanet, a publicly listed Japanese company, has purchased Bitcoin (BTC) as part of its treasury strategy — similar to what MicroStrategy has done in the U.S.

Here's a quick summary of what it implies:

Metaplanet Inc. announced they are adopting Bitcoin as a reserve asset.

The company has begun allocating capital to Bitcoin, citing reasons like hedging against inflation, currency devaluation, and diversifying from traditional fiat holdings (especially the yen).

This is significant because it may signal a growing trend in Asia, particularly Japan, where corporate Bitcoin adoption has been more conservative until now.

Their move is being compared to Michael Saylor’s MicroStrategy, which has become synonymous with institutional BTC holdings.
$BNB

$BTC Sideways consolidation: BTC is holding in the $104K–$108K range, showing moderate resilience but lacking strong directional breakdown or breakout.

Catalysts to watch:

Institutional inflows (e.g., company treasuries or ETFs): Likely to support upside pressure.

Macro news like Federal Reserve decisions: Could shift sentiment and influence whether BTC breaks higher or retreats.
📈 For users in Bengaluru, INR perspective

Based on recent conversion rates, 1 BTC ≈ ₹9.3 million INR .

Keep in mind fluctuations in USD–INR exchange rate can subtly affect INR-denominated valuations.
If you’d like real-time updates, technical chart analysis, ETF inflows data, or projection on shorter time frames (days–weeks), I can pull that up.

Or if you're considering converting, holding, or trading soon—especially locally—I can help with INR-based timing and exchange considerations.

#TrumpBTCTreasury 🇺🇸 US Strategic Bitcoin Reserve

Executive order (March 6, 2025): President Trump created a Strategic Bitcoin Reserve, funded by bitcoin seized by the Treasury, with an estimated 200,000 BTC (~$11–17 billion value) .

An accompanying Digital Asset Stockpile for non‑BTC crypto was also established .

#TrumpBTCTreasury Trump Media & Technology Group’s Bitcoin Treasury

SEC approved the filing: On June 13, 2025, the SEC declared effective Trump Media’s S‑3 registration statement to issue roughly $2.3 billion through the resale of ~56 million shares plus 29 million convertible notes to fund a Bitcoin treasury purchase .

Context & intent: This makes it “one of the largest Bitcoin treasury deals for a public company” . The funding came from around 50 institutional investors, though it’s not yet clear how much will be dedicated to Bitcoin vs. other company uses .

Strategic motivation: Trump Media plans to place Bitcoin on its balance sheet, following an existing $759 million in liquid assets. This move aligns with a trend among public firms like MicroStrategy and GameStop that are adding crypto for value preservation and inflation hedging .🇺🇸 US Strategic Bitcoin Reserve

Executive order (March 6, 2025): President Trump created a Strategic Bitcoin Reserve, funded by bitcoin seized by the Treasury, with an estimated 200,000 BTC (~$11–17 billion value) .

An accompanying Digital Asset Stockpile for non‑BTC crypto was also established .
$BTC $ETH #TrumpTariffs #CryptoRoundTableRemarks #IsraelIranConflict

$ADA Cardano is currently facing bearish pressure, with some analysts predicting a potential breakdown to $0.50 if the falling wedge pattern continues. Conversely, a reversal could target $0.77.

Additionally, ADA is testing a critical support level at $0.52, with a head-and-shoulders pattern forming that could signal further downside if the support fails. ADA in Indian Rupees (INR)

In India, ADA is trading at approximately ₹68.93 INR, reflecting a 1.8% increase over the past 24 hours. The market cap in INR is around ₹2.48 trillion, with a 24-hour trading volume of ₹98.66 billion. #FederalReserveIndependence #BinanceAlphaAlert #BinanceHODLerRESOLV #IsraelIranConflict $BNB #TrumpTariffs $SOL

#CardanoDebate 1. Arthur Hayes Criticizes Cardano's dApp Ecosystem

Arthur Hayes, co-founder of BitMEX, criticized Cardano's ecosystem, labeling it as "dog shit" due to the absence of native DeFi decentralized applications (dApps). In response, Cardano community member Dan Gambardello defended Cardano's unique liquid staking system, emphasizing its flexibility and efficiency, and highlighting the Ouroboros protocol's role in securing liquid staking without locking coins.

2. Cardano Meetup Online #8 – March 2025

Hosted by Cardano Vietnam, this online meetup featured discussions on governance topics, including the Net Change Limit and the decision-making process behind the Cardano roadmap. Participants also explored the creation and trading of Memcoins, with insights into tools available for non-developers to mint simple tokens.
$SOL $BNB $XRP #IsraelIranConflict #BinanceHODLerHOME #BTC110KSoon? #GeopoliticalImpactOnBTC

$ETH Based on the latest data, Ethereum (ETH) is trading around $2,500 - $2,700 USD. Some sources indicate it's currently at approximately $2,517.64 USD, showing a dip of around 8.78% in the last 24 hours. In Indian Rupees (INR), this translates to approximately ₹213,477 - ₹226,345.
Market Trends and Predictions for 2025:
Ethereum remains a highly significant cryptocurrency, forming the backbone of decentralized finance (DeFi), NFTs, and various Web3 applications. Several factors are influencing its price and are expected to continue doing so throughout 2025:
* Spot ETH ETF Approval: The approval of Ethereum Spot ETFs has been a major catalyst, attracting significant institutional inflows and increasing overall market confidence in ETH. Capital flows are already showing that ETH ETFs are outperforming Bitcoin ETFs in terms of inflows in some periods, suggesting a rotation of capital.
* Technological Advancements (Ethereum 2.0/Pectra Upgrade): The ongoing "Surge and Scourge" roadmap phase, focusing on scalability through sharding and reducing MEV centralization, is crucial. Upcoming upgrades like Verkle Trees and EIP-7002, slated for launch by the end of 2025, are expected to improve scalability and efficiency, making ETH even more appealing.
* Institutional Adoption: Growing investments from major financial institutions and hedge funds are strengthening confidence in Ethereum. The expansion of the Layer-2 ecosystem (e.g., zkSync, StarkNet) further enhances its utility and appeal

$BTC * Some even suggest a "blow-off top" to $325,000 by July 5, 2025, based on technical analysis of past halving cycles.
* Longer-Term: Some highly bullish predictions from figures like Michael Saylor and Fidelity eye a seven-figure valuation ($1 million and even $1 billion) in the long term, though these are for a much further horizon (e.g., by 2035-2040).
Factors Supporting Bullish Outlook:
* Institutional Adoption: Continued growth in institutional interest and investment through ETFs.
* Supply Constraints: The Bitcoin halving event in April 2024 further reduced the supply of new Bitcoin, a factor historically associated with price increases.
* Favorable Macroeconomic Conditions: Potential easing of monetary policy by central banks could boost risk assets.
* Growing Utility: Increasing use cases and adoption in various regions.
It's important to remember that the cryptocurrency market is highly volatile, and these are predictions based on current trends and analyses. Investors should conduct their own research and consider the inherent risks before making any investment decisions.

#IsraelIranConflict Israeli Strikes on Iran: Israel launched significant airstrikes on Iranian nuclear and military facilities, including uranium enrichment sites. Israeli Prime Minister Benjamin Netanyahu stated that the operation, dubbed "Operation Rising Lion," is a "targeted military operation to roll back the Iranian threat to Israel's very survival" and will continue "for as many days as it takes."
* Iranian Casualties: Iranian state media has confirmed that high-ranking military officials, including Iranian Armed Forces General Staff Chief Major General Mohammad Bagheri and Islamic Revolutionary Guards Corps Commander Major General Hossein Salami, along with several nuclear scientists, were killed in the Israeli strikes.
* Iranian Response: Iran has not yet launched a full-scale retaliation to the recent Israeli strikes, despite earlier claims of having finalized plans for an "immediate counterstrike." It's unclear why Iran has delayed, with possibilities including "strategic patience" to assess damage and calculate a suitable response, or potential disruption of its response capabilities by Israeli strikes. However, Iran did launch approximately 100 drones towards Israel, which Israel is working to intercept.
* Regional Impact: The escalation has led to heightened alerts across the Middle East. The U.S. embassy in Bahrain has warned its personnel to "exercise increased caution." Lebanon's President Aoun condemned the Israeli attacks, and Oman, a mediator in nuclear talks, also condemned the strikes and held Israel responsible for the escalation. Airspace has been shut down in Iran, Iraq, Israel, and Jordan as a precaution

#IsraelIranConflict Israeli Strikes on Iran: Israel launched significant airstrikes on Iranian nuclear and military facilities, including uranium enrichment sites. Israeli Prime Minister Benjamin Netanyahu stated that the operation, dubbed "Operation Rising Lion," is a "targeted military operation to roll back the Iranian threat to Israel's very survival" and will continue "for as many days as it takes."
* Iranian Casualties: Iranian state media has confirmed that high-ranking military officials, including Iranian Armed Forces General Staff Chief Major General Mohammad Bagheri and Islamic Revolutionary Guards Corps Commander Major General Hossein Salami, along with several nuclear scientists, were killed in the Israeli strikes.
* Iranian Response: Iran has not yet launched a full-scale retaliation to the recent Israeli strikes, despite earlier claims of having finalized plans for an "immediate counterstrike." It's unclear why Iran has delayed, with possibilities including "strategic patience" to assess damage and calculate a suitable response, or potential disruption of its response capabilities by Israeli strikes. However, Iran did launch approximately 100 drones towards Israel, which Israel is working to intercept.
* Regional Impact: The escalation has led to heightened alerts across the Middle East. The U.S. embassy in Bahrain has warned its personnel to "exercise increased caution." Lebanon's President Aoun condemned the Israeli attacks, and Oman, a mediator in nuclear talks, also condemned the strikes and held Israel responsible for the escalation. Airspace has been shut down in Iran, Iraq, Israel, and Jordan as a precaution$ETH $BTC #Tradersleague #CryptoRoundTableRemarks #MarketPullback

$BTC What is Bitcoin?
* Decentralized Digital Currency: Bitcoin is a virtual currency designed to be used as money and a form of payment outside the control of any single person, group, or entity. This eliminates the need for trusted third parties in financial transactions.
* Blockchain Technology: It's built on a technology called blockchain, which is a distributed public ledger that records all transactions securely using cryptography. This ledger is maintained by a network of computers (nodes) around the world.
* Mining: New Bitcoins are introduced into circulation through a process called "mining." Miners use powerful computers to solve complex mathematical problems to verify and add new blocks of transactions to the blockchain. In return, they receive newly minted Bitcoins as a reward.
* Limited Supply: One of Bitcoin's key features is its limited supply. There will only ever be 21 million Bitcoins created, which contributes to its "digital gold" narrative as a store of value.
* Use Cases: Bitcoin can be used for various purposes, including:
* Speculation and Investment: Many people buy and hold Bitcoin as an investment, hoping its value will increase over time.
* Payments: While not as widely accepted as traditional fiat currencies, some businesses and individuals accept Bitcoin for goods and services.
* Remittances: It can be used for cross-border transactions, potentially offering lower fees and faster settlement times compared to traditional banking.
Current Price (as of June 12, 2025):
* 1 Bitcoin = 92,30,879.76 Indian Rupee (This translates to approximately $110,700 USD based on current INR to USD exchange rates).
Price Predictions (Next 5 Years):
Bitcoin price predictions are highly speculative and vary widely among experts due to its inherent volatility and the influence of numerous factors (regulatory changes, institutional adoption, macroeconomic trends, technological developments, etc.).
#BigTechStablecoin #MarketRebound #Tradersleague #BinanceHODLerRESOLV

#TrumpTariffs * China: During his campaigns and second presidency, Trump has pledged and implemented significantly higher tariffs on Chinese goods, with figures ranging from 55% to even 145% at different points. This has often led to retaliatory tariffs from China.
* Mexico: He has proposed tariffs as high as 100% on goods from Mexico, and also imposed 25% tariffs on most goods from Mexico and Canada, particularly regarding drug trafficking concerns. Exemptions were later granted for goods compliant with the USMCA (United States-Mexico-Canada Agreement).
* Other Countries: He has also suggested a 20% tariff on all other countries.
* Specific Industries: Tariffs have been doubled on steel and aluminum imports (from 25% to 50%) and proposed on specific companies for outsourcing manufacturing (e.g., 200% on John Deere).
* "Reciprocal Tariffs": Trump's policy often involves imposing higher tariffs on countries with which the U.S. has a trade deficit, aiming to achieve a "reciprocal" trade balance.
Economic Impact:
Economists generally express significant concerns about the potential economic impact of these tariffs, often citing historical evidence that tariffs harm economic performance.
* Increased Costs for Businesses and Consumers:
* Tariffs are essentially a tax on imported goods. This increases the cost of raw materials, components, and finished products for U.S. manufacturers and consumers.
* This can lead to reduced profit margins for businesses and higher prices for consumers, ultimately reducing their purchasing power and potentially slowing consumer demand.
* Industries reliant on imported raw materials (like steel and aluminum) or with significant international supply chains (like manufacturing and pharmaceuticals) are particularly vulnerable.
* Reduced GDP and Economic Growth:
* Analyses by various organizations, including the Congressional Budget Office and the Tax Foundation, suggest that Trump's proposed tariffs could reduce U.S$BNB $ETH #BigTechStablecoin #BTC110KSoon? #CryptoRoundTableRemarks

$ETH * Deflationary ETH: The EIP-1559 upgrade introduced fee burning, which can make ETH deflationary under certain network conditions, contributing to its "ultrasound money" narrative.
* Growing Ecosystem: Ethereum remains the leading platform for DeFi protocols, NFTs, and a vast ecosystem of dApps, which is expected to drive continued usage and demand for ETH.
* Regulatory Clarity: Positive regulatory clarity, particularly in the US with potential SEC decisions on ETFs, could encourage broader institutional adoption and market maturity.
* Long-term Price Potential: Many analysts are optimistic about Ethereum's long-term prospects, with some predicting it could reach and even surpass $10,000 in the future, driven by growing adoption, technological advancements, and institutional inflows.
However, risks remain, including regulatory uncertainty, competition from other faster blockchains, and potential stagnation in DeFi growth. Nonetheless, Ethereum#BinanceAlphaAlert #TrumpTariffs #StrategyBTCPurchase #BTC110KSoon?

#CryptoRoundTableRemarks The primary purposes of these crypto roundtables are:
* Foster Dialogue and Understanding: To create a platform for open discussion and information exchange between diverse perspectives on cryptocurrency and blockchain technology.
* Address Regulatory Challenges: To explore and debate appropriate regulatory frameworks for digital assets, including issues like defining securities, custody rules, and market structure.
* Identify Solutions: To collaboratively work towards finding solutions for existing challenges and developing "fit-for-purpose" rules for the evolving crypto landscape.
* Promote Innovation Responsibly: To discuss how to balance innovation with investor protection and market integrity.
* Provide Clarity: To help provide clarity and certainty to market participants regarding regulatory expectations and pathways to compliance.
Recent Significant Crypto Roundtables and Their Outcomes (as of June 2025):
The US Securities and Exchange Commission (SEC) has been particularly active in hosting a series of "Crypto Task Force" roundtables in early 2025, signaling a more collaborative approach to regulation. Some key themes and outcomes from these recent SEC roundtables include:
* Focus on a "Rational Regulatory Framework": SEC Chairman Paul Atkins has emphasized developing clear and sensible guidelines for the issuance, custody, and trading of crypto assets, while discouraging illicit activities.
* Tokenization Discussions: Several roundtables have focused on "Tokenization – Moving Assets Onchain: Where TradFi and DeFi Meet," exploring the convergence of traditional financial assets with decentralized infrastructure. Discussions have included the potential for instant settlement (T+0) and the challenges of integrating tokenized securities into existing regulatory structures.
* Custody and Self-Custody: The issue of cryptocurrency custody, including the application of "qualified custodian" rules and the role of self-custody.$BTC #StrategyBTCPurchase #CryptoRoundTableRemarks #TrumpVsMusk #TrumpTariffs

#TradingTools101 Trading Tools 101
Trading tools are essential for anyone involved in financial markets, from beginners to seasoned professionals. They help traders analyze market data, execute trades, manage risk, and stay informed. Here's a breakdown of common trading tools:
1. Trading Platforms
These are the primary interfaces through which traders access financial markets and execute trades.
* Online Brokers' Platforms: Most retail brokers offer their own proprietary platforms (web-based, desktop, and mobile) with varying levels of features. Examples include Zerodha Kite (India), Interactive Brokers Trader Workstation (TWS), TD Ameritrade's thinkorswim, etc.
* Independent Trading Platforms: Some platforms are independent and can be connected to various brokers.
* MetaTrader 4 (MT4) / MetaTrader 5 (MT5): Very popular for forex and CFD trading, known for their charting capabilities, automated trading (Expert Advisors), and large community.
* cTrader: Another popular platform for forex and CFDs, known for its user-friendly interface and advanced order types.
* TradingView: Primarily a charting platform, but also offers paper trading and integration with some brokers for live trading. Highly popular for its social features and extensive indicator library.
2. Charting Software
Charting tools are crucial for technical analysis, allowing traders to visualize price movements and identify patterns.
* Built-in Platform Charts: Most trading platforms have integrated charting functionalities.
* Dedicated Charting Software:
* TradingView: (mentioned above) Excellent for its comprehensive charting features, indicators, and drawing tools.$BNB #TrumpTariffs #CircleIPO #StrategyBTCPurchase

$ETH Here's a breakdown of ETH pairs:
What is an ETH Trading Pair?
An ETH trading pair is a combination of Ethereum (ETH) and another cryptocurrency or a fiat currency (like USD). It tells you how much of the second currency (the "quote currency") you need to buy one unit of the first currency (the "base currency").
For example:
* ETH/USDT: This means you are trading Ethereum against Tether (USDT), a stablecoin pegged to the US Dollar. If the price is 3,500, it means 1 ETH is worth 3,500 USDT. You can buy ETH with USDT, or sell ETH for USDT.
* ETH/BTC: This pair signifies trading Ethereum against Bitcoin. If the price is 0.05, it means 1 ETH is worth 0.05 BTC. You can exchange ETH for BTC, or BTC for ETH.
Why are ETH Pairs Important?
* Liquidity: Ethereum is the second-largest cryptocurrency by market capitalization, making it highly liquid. This means there's a large volume of buyers and sellers, making it easier to execute trades without significant price slippage.
* Bridge Currency: ETH often acts as a "bridge" or "base" currency for trading various altcoins. Many smaller cryptocurrencies might not have direct trading pairs with fiat currencies (like USD or EUR), so traders will first convert their fiat to ETH and then use ETH to buy those altcoins.
* Market Analysis: Analyzing ETH pairs helps traders understand the relative strength of Ethereum compared to other assets. For instance, if ETH/BTC is rising, it suggests Ethereum is outperforming Bitcoin.
* Portfolio Diversification and Risk Management: Trading different ETH pairs allows for diversification and hedging strategies. For example, trading ETH against a stablecoin (like USDT) can offer stability and minimize volatility compared to trading against another volatile cryptocurrency

#NasdaqETFUpdate Nasdaq Composite's Strong Showing: The Nasdaq Composite Index has seen a significant rebound, trading at its highest level in over three months, approaching 20,000 points (a mark not touched since February 21, 2025). This is largely driven by strong performance in technology bigwigs and easing concerns about economic growth.
* Positive Momentum for Tech: The tech-heavy Nasdaq Composite finished the first week of June higher, surging 1.2% (as of June 6, 2025) due to the strong performance of technology companies.
* Key Drivers:
* AI Revolution: Artificial intelligence (AI) stocks continue to be a primary driver of market gains, particularly for the Nasdaq. Strong earnings reports and capital spending forecasts from AI companies are fueling this momentum.
* Easing Trade Tensions: Optimism surrounding US-China trade talks, including temporary tariff reductions, has alleviated some recession fears. The US temporarily cut tariffs on Chinese goods, and China lowered retaliatory duties, providing a boost to investor confidence.
* Strong Jobs Data: Better-than-expected jobs data for May has also contributed to positive sentiment, reducing near-term recession fears.
* Corporate Earnings: Strong corporate earnings, particularly from the technology sector, have bolstered the Nasdaq's rebound. NVIDIA, for instance, has reclaimed its position as the world's most valuable company.
Key Nasdaq ETFs and Their Performance:
* Invesco QQQ Trust (QQQ): This is one of the most popular ETFs tracking the Nasdaq 100, which includes the 100 largest non-financial companies listed on the Nasdaq.
* Year-to-Date (YTD) Performance (as of June 2025): QQQ has shown a positive YTD performance of approximately 1.9%. While it underperformed the S&P 500 ETF (SPY) earlier in the year, it has been catching up.
* Longer-term Returns: It boasts strong trailing returns: 16.44% (1yr), 22.62% (3yr), and 20.48% (5yr) for a similar Indian fund (Motilal Oswal NASDAQ 100 ETF).$BNB #BTC110KSoon? #StrategyBTCPurchase #TrumpVsMusk