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#BTCRebound Cryptocurrency News | Bitcoin (BTC) is facing a tough week, trading at 84.752$ after a decline from its recent peak of around $85,200. Consequently, this movement confirms a break of the ascending wedge pattern on the two-hour chart and a drop below it, which is usually an ominous sign that carries the potential for a trend reversal.
Currently, market anticipation prevails amidst the period of volatility, with traders waiting for the price to move below the level of 84.600$ before entering speculative positions for a price drop.
Schwab is moving towards Bitcoin and plans to launch its instant trading services by April 2026. Despite the short-term chart instability, institutional momentum continues to grow, as Charles Schwab Corp is preparing to launch instant trading services for Bitcoin by April 2026, according to CEO Rick Wurster.
This move comes after a 400% increase in activity on Schwab's crypto platform, indicating a growing desire among traditional investors for direct exposure to digital assets.
Economic advisor to the White House Kevin Hassett said on Friday that U.S. President Donald Trump and his team are considering the issue of dismissing Jerome Powell, the Chairman of the Federal Reserve.
Hassett responded to a question at the White House about whether the dismissal of Jerome Powell is an option: "The President and his team will continue to consider this matter."
Hassett's statement came a day after Trump escalated his longstanding dispute with Powell, accusing him of acting "for political purposes" by not lowering interest rates.
Trump added that he has the authority to dismiss Powell from his position "very quickly."
Earlier, Powell told Trump that the law "does not allow for his dismissal," and that he would not leave his position if asked by Trump, indicating that he intends to continue in his role until the end of his term in May 2026.
Powell clarified this week that he does not believe the current case before the U.S. Supreme Court will apply to the Federal Reserve.
The U.S. Treasury Secretary warned that the dismissal of Federal Reserve Chairman Jerome Powell could expose financial markets to instability.
#TrumpVsPowell BTTC (BitTorrent Token) is a cryptocurrency used in the BitTorrent network, which is one of the largest file-sharing networks in the world. BTTC was launched in 2019 with the aim of improving user experience and enhancing network economics. # What is BTTC?
BTTC is a digital currency based on blockchain technology, and it is used to incentivize users to share files and provide network services. BTTC can be used to purchase network services, such as increasing download speed, or to incentivize users to share files. # Benefits of BTTC There are several benefits of BTTC, including: - User Incentives: BTTC is used to incentivize users to share files and provide network services.
- Improving User Experience: BTTC can be used to purchase network services, such as increasing download speed. - Network Economics: BTTC helps enhance network economics by providing incentives for users to participate. # Uses of BTTC
There are several uses for BTTC, including: - Purchasing Network Services: BTTC can be used to purchase network services, such as increasing download speed. - User Incentives: BTTC can be used to incentivize users to share files and provide network services. - Trading: BTTC can be traded on various trading platforms.
#SolanaSurge A digital explosion in the world of sports! Cristiano Ronaldo steals the spotlight with an unprecedented move!
In a surprise that shakes the worlds of sports and technology, football legend Cristiano Ronaldo announces a shocking alliance with crypto giant Binance! NFT What will happen when the greatest player in history meets the largest crypto platform in the world? The answer: The NFT revolution will change the game forever!
An exclusive NFT series signed by Cristiano! Imagine owning a unique digital piece bearing the mark of the legendary player himself! Whether you're a football fan or a tech enthusiast, this is your chance to be part of a new era where sports and blockchain collide in an explosion!
Why will this deal create a seismic shift? - The first player of such global scale to invade the world of Web 3.0 with force! - Binance + Ronaldo = An unbeatable combination! - Rare digital tokens that could become treasures in the future!
✨ Share your opinion: - What do you expect from the Ronaldo digital collection? - Will you participate in purchasing these unique NFTs? $BTC $SOL
#PowellRemarks Jerome Powell, the Chairman of the U.S. Federal Reserve, plays an important role in shaping the monetary policy of the United States. Here are some key points about his statements and their effects:
- *Impact on Financial Markets*: Powell's statements can significantly affect financial markets, especially regarding interest rates and monetary policy.
- *Inflation*: Powell focuses on combating inflation and has indicated that the central bank will continue to monitor prices and take necessary actions to maintain economic stability.
- *U.S. Economy*: Powell speaks about the strength of the U.S. economy, but stresses the importance of maintaining price stability and avoiding excessive inflation.
- *Interest Rate Policy*: Powell's statements regarding interest rate policy can influence the expectations of investors and traders, and may lead to fluctuations in financial markets.
If you would like to know more about Powell's statements or the central bank's policy, I can provide more information. Follow us.
#AICrashOrComeback $BTC As of my knowledge cutoff in **July 2024**, I cannot provide real-time updates on **Bitcoin (BTC)** prices or market movements. However, I can give you general insights or historical context about Bitcoin if you'd like. If you're looking for the latest price or trends, I recommend checking a reliable cryptocurrency tracking platform like **CoinMarketCap**, **CoinGecko**, or financial news websites like **Bloomberg** or **CNBC**. Let me know if you'd like more information about Bitcoin, its technology, or its market behavior!
#XRPETFIncoming? Huge News Alert for $XRP 🚀 🔥 Hold tight, XRP enthusiasts! The New York Stock Exchange (NYSE) Arca has officially filed a 19b-4 application with the SEC to convert Grayscale’s XRP Trust into a spot exchange-traded fund! This could be a huge change! 🔥 Imagine the ripple effects of this move – joining forces with other asset managers like Bitwise, Canary Capital, 21Shares, WisdomTree, and CoinShares. The potential approval could send $XRP skyrocketing, making it a major milestone in the crypto market! #XRPRealityCheck
$SOL The year 2025 will be the year of approval for the Solana project investment funds according to many analysts. There are already companies in the United States and South America that have applied to start investing in Solana investment funds. Over the past year and until now, the Solana network has shown itself stronger than any other network due to several factors related to the network, including reducing transfers in addition to creating and transferring meme coins on the network.
2025 will be the year of approval for Solana investment funds according to many analysts. There are already companies in the United States and South America that have applied to start investing in Solana investment funds. Over the past year and until now, the Solana network has shown itself to be stronger than any other network due to several factors related to the network, including reducing transfers in addition to creating and transferring meme coins on the network.#SOLETFsOnTheHorizon
$BNB It represents a strong indicator of the state of the economy and the future of financial markets. The American consumer confidence is calculated by the University of Michigan and is used to measure the financial opinions and feelings of the American consumer.
Trump Is Fooling the Crypto Community Again: Here’s the Ugly Truth 🚨 Donald Trump has once again riled up the crypto community. First, he launched his own cryptocurrency that many have called a “fake coin” and then dumped it. Now, the actual text of his executive order on cryptocurrencies reveals that there’s a possibility of building a national stockpile of digital assets from seized cryptocurrencies, not from buying new $BTC . Here’s what you need to know: 💡 Key takeaways from the executive order:
What it actually says: The U.S. government may establish a “stockpile of digital assets” using cryptocurrencies seized through law enforcement actions (think assets seized from illegal activities).
This does not equate to the government actively buying Bitcoin or any other cryptocurrency on the open market.
What it doesn’t mean: The U.S. government is not planning to pump money into Bitcoin or any other crypto asset to “stack Satoshis.” This is not a positive sign for government adoption of Bitcoin, despite the buzz in some crypto circles. Seizures, not accumulation:
The United States already has a significant amount of $BTC as a result of law enforcement actions such as the Silk Road raid. This guidance proposes simply keeping it rather than selling it at auction (as has been done historically). #BinanceAlphaAlert
$BTC The market has periods, sometimes you win large amounts of money and sometimes you lose. You have to accept both situations, but be careful to be patient and then patient.
$BTC For Bitcoin, the situation is positive so far
The 92K area is a very important area, maintaining it is necessary
In the event that it is broken, the strongest support is at 87K
Multiple attempts, but Bitcoin is still stable above 92K
In the event that the buying momentum decreases and the 90K levels are broken, it is likely that the clear scenario in the attached chart will be realized, and by the way, if this scenario happens, it will be accompanied by a decrease in the stock as well
#NFPCryptoImpact If the revised NFP data shows a significant drop in employment, it could impact market expectations for Fed policy. Currently, the market is expecting modest rate cuts over the coming year. However, a weaker-than-expected labor market could prompt more aggressive rate cuts sooner than expected. This shift in expectations could lead to selling of riskier assets such as stocks and cryptocurrencies, increasing volatility in the crypto market, especially for Bitcoin.