At 2 AM, the Federal Reserve is highly likely to cut interest rates. There will be another cut in the remaining two months of this year, and 3-4 cuts next year. The performance during the dollar easing cycle usually does very well. Brothers, there's no need to stay up late; good health is the foundation of revolution. Good night $BTC
According to the official announcement, the Binance wallet update includes: Token detail page supports viewing current pending orders, Alpha tokens support deposit to exchanges, support for doubling out stop profit strategies and automatic locking of profits, and funds from the exchange can be transferred to the wallet with one click.
According to foreign media analysis, Federal Reserve Chairman Powell's press conference is the most watched place in the market. The current basic situation is that, in the absence of government data, Federal Reserve Chairman Powell will maintain the status quo and will not disclose too much in terms of forward guidance. The only thing that might surprise the market is that he has shown uncertainty about a rate cut in December, which is likely to be seen as a hawkish surprise because the market is currently full of confidence in a December rate cut. Theoretically, the market's direct response to this will be: a decline in U.S. stocks, an increase in U.S. Treasury yields, short-term bond yields rising faster than long-term bond yields, a significant strengthening of the dollar, and a decline in precious metals such as gold and silver. On the other hand, if Powell's statement regarding the December rate cut remains unchanged, the market will continue to fluctuate based on the development of trade situations $BTC
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Aster DEX (@Aster_DEX) officially announced that the on-chain buyback during S3 is ongoing and will continue daily until the target range is reached. The buyback amount will reach 70% to 80% of the transaction fees generated during the S3 period, and all buybacks will be executed directly in the open market. The official stated that after the buyback is completed, the purchased tokens will be transferred to the same address used for the S2 buyback, and the wallet address used for the buyback will be disclosed $ASTER
dYdX forum has a new proposal to allocate 100% of the net protocol fees to the DYDX buyback for a three-month experimental trial (from January 1, 2025, to January 31, 2026). $DYDX
French MP Éric Ciotti submitted a significant bill to Parliament on the 28th on behalf of the center-right party UDR, proposing that France purchase approximately 420,000 bitcoins over the next 7 to 8 years, representing 2% of the total supply, valued at nearly 48 billion USD. The proposal outlines three sources of funding: utilizing excess capacity from nuclear and hydroelectric power for national-level mining, converting unused electricity into BTC reserves; handling crypto assets seized by law enforcement, with BTC confiscated by court orders going directly to the national treasury; and encouraging savings account funds to buy BTC in small amounts daily, establishing a long-term accumulation mechanism. The bill also proposes allowing citizens to pay taxes with bitcoin after obtaining the necessary approvals and explicitly opposes the European Central Bank's digital euro CBDC plan, instead supporting the development of euro stablecoins. $BTC