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naomi

@nkg

967 Following
498 Followers


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naomi
@nkg
According to the latest report from asset management giant VanEck, this rebound seems to have just begun based on key indicators. VanEck analyzed three key indicators: funding rate, relative unrealized profit (RUP), and retail interest trend. Since November 12th, the perpetual futures funding rate has been consistently above 10%, indicating an increasing bullish momentum; In addition, the current 30 day moving average relative unrealized profit level is about 0.54, which usually indicates that the market will reach its peak in a longer period of time; The popularity of search terms is only 34% of the high point in May 2021, indicating that speculative frenzy has not yet spread, and the re participation of retail investors will give Bitcoin further room to rise. @yigitgurbulak
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naomi
@nkg
Great minds have purpose; others have wishes. @sew123
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kepano
@kepano
bed frame complete
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naomi
@nkg
Great minds have purpose; others have wishes. @eiffeliceiceice
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naomi
@nkg
According to a report by Golden Jubilee, Chicago Fed President Austin Gusby and Fed Governor Michelle Bauman expressed completely different views on the theoretical neutral interest rate level, which refers to the interest rate level that can balance the Fed's various economic goals. Gusby emphasized that the Federal Reserve still needs to further cut interest rates to reach this level - he called the rate "far below the level we are currently at". Bauman, on the other hand, said, 'We may be closer to a neutral policy stance than we currently believe.'. FHN Financial's Will Conneller pointed out that it is not surprising to see such divergence, given that in the September forecast, Fed officials anonymously estimated the neutral interest rate range to be between 2.375% and 3.75%. @ygor
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naomi
@nkg
The greatest test of courage on earth is to bear defeat without losing heart. @seungsang
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Colin Johnson 💭
@cojo.eth
‘tis the season.
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naomi
@nkg
The greatest test of courage on earth is to bear defeat without losing heart. @sewilyaw
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naomi
@nkg
Gemini co-founder Tyler Winklevoss rebuked Gary Gensler on the X platform. It states that Gary Gensler should never again hold positions of influence, power, or influence. Any company, university, or organization that hires or collaborates with him after the SEC is a betrayal of the cryptocurrency industry and should be strongly resisted. This is the only way to prevent such abuse of government power from happening again in the future. Gary Gensler's behavior cannot be explained by a well intentioned mistake. His actions were completely deliberate and deliberate, and he spared no effort to achieve his personal political agenda. Even if it means destroying an industry, tens of thousands of jobs, people's livelihoods, billions of dollars in investment capital, and so on. Ironically, his anti social ambitions ultimately destroyed his own political party. No amount of apology can make up for the damage Gary Gensler has caused to the cryptocurrency industry and the country.
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naomi
@nkg
Yancheng, Jiangsu once seized 320000 bitcoins, which are currently worth over 200 billion. On November 28, 2020, 21st Century Business Herald reported on this case, calling it the "largest case in the cryptocurrency industry". According to Phoenix Technology's calculations, as of the time of writing, one Bitcoin is worth approximately 640000 RMB, with a total value exceeding 2048 billion RMB. In 2023, Yancheng City will achieve a regional gross domestic product of 740.39 billion yuan. According to the second instance ruling of the Intermediate People's Court of Yancheng City, Jiangsu Province, the case involves 8 virtual tokens including Bitcoin, Bitcoin Cash, Dash, Dogecoin, Litecoin, Ethereum, Yuzu Coin, and Ripple, with a total value of 14.8 billion yuan. @ftihvb
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naomi
@nkg
Nick Timiraos, the spokesperson for the Federal Reserve and a reporter for The Wall Street Journal, commented on the Fed's interest rate decision in November: "The Fed decided to cut interest rates by 25 basis points on Thursday, but released more uncertainty in the pace of further rate cuts. The Fed is still working to prevent the significant rate hikes of the past two and a half years from dragging down the economy. In a similar time frame, investors in the interest rate futures market have continuously lowered their expectations for the Fed's rate cuts in the next year or so. According to Citibank, they now believe that the Fed will lower interest rates to around 3.6% by 2026, while their estimate in September was to drop to 2.8%. @drugpilotki
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@nkg
LHMeyer's analysts wrote that Federal Reserve Chairman Powell's speech provided little new information, but offered a clue on how the Fed is considering its December decision. Powell emphasized that the Federal Reserve will not respond to the expected policies of the Trump administration (which are believed to trigger inflation), but will focus on current data. This indicates that the Federal Reserve retains the freedom to continue cutting interest rates. Analysts believe that the Federal Reserve is most likely to cut interest rates by another 25 basis points next month. @ygijtosmlc
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naomi
@nkg
I will be better, because of you, but not for you. @gfsbh
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Victor Ma 🧾
@vm
drafting my starting 5 for lifting, in no particular order @alexgrover.eth @debbie @gregarious @sheldon @coach-holness
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naomi
@nkg
I will be better, because of you, but not for you. @seemorebot
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naomi
@nkg
As of October 31st, Circle issued approximately 2.4 billion USDC, redeemed approximately 2 billion USDC, and increased its circulation by approximately 300 million pieces within the 7-day period. The total circulation of USDC is 34.7 billion pieces, with a reserve of approximately 34.9 billion US dollars, including approximately 4.3 billion US dollars in cash and 30.6 billion US dollars held by CircleSReserve Fund. @yigekan
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naomi
@nkg
Doing what you like is freedom. Liking what you do is happiness. @wipl
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Stephan
@stephancill
quadratic funding is awesome
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naomi
@nkg
Doing what you like is freedom. Liking what you do is happiness. @sewage
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naomi
@nkg
Morgan Stanley analysts maintain a neutral rating on Coinbase's stock and set a target price of $196 for December 2025. Analysts added that despite lower than expected third quarter performance, Coinbase continues to execute on its long-term plan. Morgan Stanley analyst Kenneth B. Worthington, Michael Cho, Alexander Bernstein, and Madeline Daleiden wrote in a report on Friday: "Despite overall lower than expected performance, Coinbase will continue to play a role in emerging areas of its business. We continue to believe in the cryptocurrency ecosystem and view Coinbase as a leading intermediary, therefore we maintain a neutral rating and a target price of $196 by December 2025 @drud
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