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Johnny

@nowcyberpunk

68 Following
12 Followers


Saumya Saxena  pfp
Saumya Saxena
@saxenasaheb
Some life update: I’m joining Coinbase to lead @base’s efforts in bringing India onchain India has made massive strides in technology adoption that's unlocked incredible impact at scale It's time to not just see but shape the next decade. It’s onchain India’s day 1.
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Johnny pfp
Johnny
@nowcyberpunk
Investors are piling into US money market funds despite the Federal Reserve's interest rate cuts and a series of industry reforms taking effect. Investment Company in the week to October 2, money market funds increased by about $38. 7 billion, with total assets at a record 6. 7%, according to the Institute. $46 trillion. The single-quarter inflow was the largest since the banking crisis of March 2023.
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Johnny pfp
Johnny
@nowcyberpunk
Today, the Federal Reserve cut interest rates, the BTC rose from 59,000 to 63700, which I think is just a small bull market, or a band, especially a lot of copycats. Because the rate-cut money will flow back to the market, the market will have sufficient funds. However, from 1980 to the present, the Federal Reserve has raised interest rates to more than 5% every time. Will cause a financial crisis, then what everyone must pay attention to is that there will not be a financial crisis in the process of raising interest rates, but there will be a financial crisis when interest rates are reduced.
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Johnny pfp
Johnny
@nowcyberpunk
Asked at a news conference in West Palm Beach about President Trump's attempted assassination at a golf course, officials responded, the golf course is not completely surrounded by Secret Service because "donald Trump is not the current president of the United States."
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Johnny pfp
Johnny
@nowcyberpunk
This month's news follows: Friday, Sept. 6: non-farm data for August released. September 11: Consumer Price Index data for August is released. September 19: The Federal Reserve held an interest rate meeting, focusing on whether to cut interest rates and the extent of cutting interest rates. September 27: The release of August PCE data, which has a significant impact on the pace of interest rate cuts.
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Johnny
@nowcyberpunk
It is really rare to have a taste of the soju and soju from all the major wine factories in Japan at the Fukuoka Shoju/Soju & Food Festival in 2024. Because of the Japanese shochu, the use of a lot of raw materials, each region has its own characteristics, each type of shochu has its own unique taste.
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Johnny pfp
Johnny
@nowcyberpunk
Kaohsiung Man Was Sentenced to Earn 1,386 Yuan for Producing Juvenile Pornography by AI According to the United Daily News, a 28-year-old locomotive repairman in Kaohsiung, surnamed "Stable", an AI generation software to make extra money "Diffusion" produces a collection of child and adolescent pornography and sells it online. However, this illegal act ended up only for him 1,386 yuan's meager profit, but in exchange for criminal punishment. The Qiaotou District Court recently sentenced Yu Nan to fixed-term imprisonment for violating the "Regulations on the Prevention and Control of Sexual Exploitation of Children and Adolescents" 7 months, suspended sentence for 2 years, and shall pay 30,000 yuan to the public treasury.
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Johnny pfp
Johnny
@nowcyberpunk
On September 19, the Federal Reserve announced a rate cut of 25 basis points. Wait. Wait is part of the deal.
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Johnny pfp
Johnny
@nowcyberpunk
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Johnny pfp
Johnny
@nowcyberpunk
In Shinjuku Sanchome, near my hotel Because I have to catch a plane, I just thought about eating a bowl of ramen I fell in love with fell in love with this taste from the first bite. It is one of the best ramen noodles I have ever eaten.
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Johnny
@nowcyberpunk
6. Do Bitcoin holders need to worry about halving? Don't worry too much. It's a predictable event. But holders should be mindful of possible market volatility around halving and make decisions based on their risk tolerance and investment goals 7. How will halving affect miners? Halving incentives means less money for miners, some of whom may have to quit because of costs. This may result in a decrease in the computing power of the Bitcoin network, but it does not affect the rate of block generation and the allocation of bitcoins, as the system automatically adjusts the difficulty Bitcoin halving is to control inflation, although in the short term it only seems to reduce the income of miners, but in the long term, it is an important means to maintain the value of bitcoin
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Johnny
@nowcyberpunk
3. Is halving always every four years? Although it is usually four years, in practice this time can vary due to fluctuations in the computing power of the Bitcoin network. The Internet is strong, it could delay halving the time. 4. Historical halving and its impact After halving in 2012, 2016 and 2020, the price of Bitcoin has ushered in a sharp rise to a new high. But every time the situation is different, market sentiment, macroeconomic conditions and other factors will affect the price 5. Is Bitcoin halving risky? Sure am. Halving is generally seen as positive, but in the short term it can cause wild market swings. If market expectations are not met, Bitcoin prices may adjust briefly
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Johnny pfp
Johnny
@nowcyberpunk
3. Is halving always every four years? Although it is usually four years, in practice this time can vary due to fluctuations in the computing power of the Bitcoin network. The Internet is strong, it could delay halving the time. 4. Historical halving and its impact After halving in 2012, 2016 and 2020, the price of Bitcoin has ushered in a sharp rise to a new high. But every time the situation is different, market sentiment, macroeconomic conditions and other factors will affect the price 5. Is Bitcoin halving risky? Sure am. Halving is generally seen as positive, but in the short term it can cause wild market swings. If market expectations are not met, Bitcoin prices may adjust briefly
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Johnny
@nowcyberpunk
99% of people don't know the fact that Bitcoin has halved 1. What is halving? For every 210,000 blocks produced, the miner's reward is halved. This phenomenon, which occurs roughly every four years, is intended to slow down the issuance of bitcoins until the total number reaches 21 million. More than 19 million have been dug up so far, with less than 2 million left to dig. This mechanism was set up by Bitcoin founder Satoshi Nakamoto in order to make bitcoin more rare and avoid the proliferation of traditional currencies. In 2140, the last bitcoin will be mined and no more will be issued after that. That could lead to some deflation, which could push up prices. Miners will then earn only on transaction fees. 2. Why is halving so popular? Every time there has been a halving in history, there has been a huge increase in demand for Bitcoin, which has directly driven up the price. The halving is also closely related to the bull cycle of the digital currency market.
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Johnny
@nowcyberpunk
In his strongest signal yet at the jackson hall economic seminar last week, mr powell signalled the fed's intention to act to avoid further labour market weakness; this week's focus is on the us core PCE in July, the number of people applying for unemployment benefits and the revised annual quarterly rate of real GDP in the second quarter.
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Johnny
@nowcyberpunk
Let's see bitcoin hit a new high
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Vitalik Buterin
@vitalik.eth
Do people actually consciously make a judgement about quality of service when they tip??! I always just mindlessly add 15-20%. So the whole "tipping incentivizes quality of service" argument has always seemed unrealistic to me. https://x.com/tracewoodgrains/status/1826601506885320775
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Johnny
@nowcyberpunk
When jobless claims data came out early this week, 232,000 people were recorded this week, exceeding expectations and previous values, which shows that the US labor market is weakening. At the same time, yesterday's downgrading of non-farm payrolls also further raised some concerns about the US labor market, which is undoubtedly a bad news. But the market largely ignored the news, with pre-value last week falling to July lows and Mr Powell due to speak tomorrow.
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Johnny
@nowcyberpunk
The clearing map shows that if Bitcoin rises to 64,670 in a short time, it can blow up the Air Force by $1.76 billion; if it falls to 52530, it can explode more than 837 million troops, which fluctuate by about 6,000 points, but according to the amount of explosion, it still rises, and the amount that can be liquidated is a little more
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Johnny
@nowcyberpunk
Lovely
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