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Cuong Tran

@goat-236

162 Following
50 Followers


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The financial market and the economy function like a machine and operate cyclically. Growth cycles are driven by credit, characterized by loose monetary policies—lowering interest rates. In contrast, during recession cycles, interest rates are kept high. Recently, the Fed cut interest rates by 0.5 percentage points, the first time in four years since the historic money injection during the COVID pandemic. Could this signal the beginning of a new growth cycle? Bitcoin and the cryptocurrency market cycles are typically defined by halving events. However, Bitcoin is not influenced by monetary policies and cannot be printed. We recently experienced the 4th halving event not too long ago, and as usual, we are likely just at the beginning of a new cycle. What do you think the price of Bitcoin will be in this cycle?**
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Binance Launches Its First Mini App on Telegram – A Breakthrough in Play-to-Earn? Binance has just introduced its first mini app on the Telegram platform, opening the door for play-to-earn projects on open platforms. However, instead of offering something innovative, this game app is merely a copy of an existing idea from a well-known PC game that has been around for a long time. Currently, the "earn" factor remains the main attraction for players, while the "play" aspect has yet to show any significant breakthrough. It’s clear that play-to-earn games on blockchain still have a long way to go before they can compete with traditional games. Nevertheless, why not give it a try and relive some of your childhood memories with the classic gold-mining game that we all know so well? You can join through the following link: https://t.me/Binance_Moonbix_bot/start?startapp=ref_904939042&startApp=ref_904939042
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Fed’s Potential Rate Cut Could Spark a Crypto Bull Run As inflation in the U.S. hits the Federal Reserve's 2% target, many investors are anticipating a significant shift in monetary policy. During the upcoming FOMC meeting on September 18, 2024, the Fed is expected to reduce interest rates, which could have a profound impact on the crypto market. Traditionally, lower interest rates drive investments into alternative assets, including cryptocurrencies. With inflation cooling and the labor market showing signs of stabilization, a rate cut might inject new capital into the crypto space. This could further fuel the current bullish sentiment, especially for major coins like Bitcoin and Ethereum, both of which have recently seen notable gains. If the Fed’s decision aligns with market expectations, we might witness a surge in crypto investments, potentially leading to new all-time highs. Keep an eye on the FOMC decision—it could be a pivotal moment for crypto in 2024​
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