🚀 Top Trader Discusses Strategies for Profit Retention in Crypto Markets
#Crypto #Trading #ProfitRetention #InvestmentStrategies #MarketCycles #Drawdown #ExitStrategy #FinancialPlanning #EugeneNg #RiskManagement
According to BlockBeats, on December 18, top trader Eugene Ng Ah Sio shared insights on the challenges of retaining profits in the cryptocurrency market. He emphasized that while making money in the crypto market is one aspect, preserving those profits is another. Ng highlighted the importance of having a well-planned exit strategy to minimize losses when market cycles shift. He noted that those who claim to consistently profit in both bull and bear markets are exceptionally rare, suggesting that such traders belong to the top 0.01% globally.
Ng provided a framework for evaluating investment performance based on the percentage of drawdown from the net asset value's peak. A drawdown of 0-20% indicates excellent defensive performance, though it might come at the cost of potential gains. A 20-30% drawdown suggests good management, with timely exits upon recognizing market shifts, resulting in minimal losses. A 30-50% drawdown is considered acceptable, implying that while not optimal, the investor likely secured reasonable profits. A 50-75% drawdown indicates holding positions for too long and failing to identify critical turning points at the end of a cycle. Finally, a drawdown exceeding 75% signals a significant error, necessitating a comprehensive evaluation of one's trading approach.
Ng concluded by noting the inherent uncertainty in predicting the true extent of drawdowns before the start of the next cycle. Despite this uncertainty, he stressed the importance of having a plan in place to navigate market transitions effectively.#Crypto #Trading #ProfitRetention #InvestmentStrategies #MarketCycles #Drawdown #ExitStrategy #FinancialPlanning #EugeneNg #RiskManagement
🚀 🔥 Binance Alpha Reveals First Batch of Projects: KOMA, Cheems, APX, ai16z, and AIXBT 🔥
#Binance #BinanceAlpha #KOMA #Cheems #APX #ai16z #AIXBT #crypto #blockchain #DeFi #meme #Ethereum #BNBChain #Solana
Binance has officially unveiled the first batch of projects under its Binance Alpha initiative, spotlighting five innovative ventures: KOMA, Cheems, APX, ai16z, and AIXBT. These projects represent a diverse range of blockchain solutions aimed at driving innovation in the crypto ecosystem.Key HighlightsFirst Batch Projects:KOMA: A cutting-edge platform designed for decentralized applications.Cheems: A community-driven meme token project.APX: Focused on advanced DeFi solutions.ai16z: A project leveraging AI for blockchain applications.AIXBT: Specializing in crypto trading technology.What’s Next?Binance Alpha will announce the second batch of projects later today at 20:00 Eastern Time (ET). This next group will include:3 projects on Ethereum1 project on BNB Chain1 project on Solana#Binance #BinanceAlpha #KOMA #Cheems #APX #ai16z #AIXBT #crypto #blockchain #DeFi #meme #Ethereum #BNBChain #Solana
🚀 User Loses $492,000 in Crypto Due to Phishing Scam
#phishingscam #cryptocurrency #scamalert #digitalassets #financialloss #cybersecurity #cryptosafety #userawareness #fraudprevention
According to Odaily, a significant phishing incident has resulted in a substantial financial loss for a user. Scam Sniffer reported on platform X that approximately four hours ago, an individual fell victim to a phishing attack after signing a 'permission' signature. This fraudulent activity led to the loss of assets valued at $492,000, specifically in aEthWETH and aPolWMATIC.
The incident underscores the ongoing threat posed by phishing scams in the cryptocurrency sector. Users are often targeted through deceptive tactics that trick them into revealing sensitive information or authorizing transactions unknowingly. In this case, the user was misled into signing a permission signature, which facilitated the unauthorized transfer of their digital assets.
Phishing attacks remain a prevalent issue in the digital currency world, with scammers continuously devising new methods to exploit unsuspecting individuals. This event highlights the critical need for heightened awareness and vigilance among cryptocurrency users to protect their investments from such fraudulent schemes. Ensuring the security of digital assets requires users to verify the authenticity of requests and exercise caution when interacting with unfamiliar platforms or links.#phishingscam #cryptocurrency #scamalert #digitalassets #financialloss #cybersecurity #cryptosafety #userawareness #fraudprevention
🚀 🔥 Binance Expands Usual (USUAL) Accessibility Across Earn, Crypto Purchases, Margin, and Futures 🔥
#Binance #USUAL #Crypto #Earn #Margin #Futures #AutoInvest #BuyCrypto #Convert #ZeroFee #Trading
Binance has announced the integration of Usual (USUAL) into a broad range of its services, including Simple Earn, Buy Crypto, Convert, Margin, Auto-Invest, and Futures, enhancing accessibility and utility for its users. Below are the key details and timelines:New USUAL Integrations on Binance1. Binance EarnLaunch Time:USUAL Flexible Products will be listed on Binance Simple Earn starting December 18, 2024, at 11:00 UTC.Users can subscribe and start earning flexible rewards.2. Binance Auto-InvestLaunch Time:From December 19, 2024, at 10:00 UTC, users can purchase USUAL through any supported payment options on Binance Auto-Invest.3. Buy & Sell CryptoAvailability:Users can buy USUAL using payment methods like VISA, MasterCard, Google Pay, and Apple Pay, or through wallet balances on the "Buy Crypto" page.Service becomes available within one hour of USUAL being listed on Binance Spot.4. Binance ConvertZero-Fee Trading:Users can trade USUAL against BTC, USDT, and other tokens on Binance Convert with zero fees.Available within an hour of the Spot listing.5. Binance MarginMargin Trading:USUAL will be added as a new borrowable asset on Cross and Isolated Margin, paired with USUAL/USDT.Launch Time: December 18, 2024, at 13:00 UTC.VIP Access: Binance VIP 7 to VIP 9 users can borrow these assets 30 minutes prior to public trading.6. Binance FuturesMore details about USUAL's Futures contracts, including leverage levels and trading specifications, will follow shortly.Trading UpdatesUSUAL/BTC: 0.00000000 (+0.00%)USUAL/USDT: 0.8409 (+14.44%)#Binance #USUAL #Crypto #Earn #Margin #Futures #AutoInvest #BuyCrypto #Convert #ZeroFee #Trading
🚀 Cardano Founder Urges Relocation For Inclusive Governance
#Cardano #CharlesHoskinson #Governance #InclusiveGovernance #Blockchain #Community #Transparency #CardanoFoundation #SwissLaw #DecisionMaking
According to PANews, Charles Hoskinson, the founder of Cardano, has called for the Cardano Foundation to relocate to a jurisdiction that allows users to elect board members. On December 18, he raised this issue on social media platform X, urging the Cardano community to question the foundation about its board structure and decision-making processes.
Hoskinson expressed concerns over the current arrangement where the Swiss government appoints board members without community input. He encouraged the community to inquire about past decisions made by the foundation and its relationship with Intersect. Hoskinson criticized the foundation's decision to remain in Switzerland instead of moving to regions like Abu Dhabi or Wyoming, which support more inclusive governance models. He believes such a move would enable the community to collaborate with the foundation in establishing a new structure that promotes transparency and member participation.
The Cardano Foundation, established in 2016, operates under Swiss law, which does not permit community-based board elections. As Hoskinson made these remarks, the organization continues to face criticism over governance issues, internal conflicts, and the marginalization of key donors.#Cardano #CharlesHoskinson #Governance #InclusiveGovernance #Blockchain #Community #Transparency #CardanoFoundation #SwissLaw #DecisionMaking
🚀 NFT Market Shows Signs Of Recovery Amid Increased Activity
#NFT #MarketRecovery #Crypto #TradingVolume #OpenSea #Blur #MagicEden #GalaxyResearch
According to BlockBeats, a report by Galaxy Research on December 18 indicates that the non-fungible token (NFT) market is showing signs of recovery. The report highlights that NFT trading volumes had been declining for most of the year. However, with the U.S. elections and the subsequent rebound in the cryptocurrency market, trading volumes began to reverse in November. At the beginning of November, weekly NFT trading volumes exceeded $100 million for the first time since May, reaching $172 million by December 2.
Analyst Gabe Parker noted that this recovery is primarily driven by increased activity among the top 25 NFT collections by market capitalization. Additionally, major marketplaces such as OpenSea, Blur, and Magic Eden have seen increased engagement. Notably, Blur and OpenSea accounted for 60% and 27% of the total trading volume, respectively, over the past 30 days. This resurgence in trading activity suggests a renewed interest in NFTs, potentially signaling a broader market recovery.#NFT #MarketRecovery #Crypto #TradingVolume #OpenSea #Blur #MagicEden #GalaxyResearch
🚀 Binance Global User Survey: 45% Entered Crypto in 2024, AI Tokens Expected to Lead 2025
#Binance #CryptoSurvey #AItokens #Blockchain #DeFi #MemeCoins #CryptoAdoption #Regulation #Investing #SpotTrading #CryptoMarket #Cryptocurrency #UserInsights #2025Trends
Binance has unveiled the results of its 2024 global user survey, revealing key insights into the state of the cryptocurrency market and expectations for 2025. With over 27,230 participants from six continents, the survey highlights evolving user perceptions, adoption trends, and emerging sectors poised for growth.Crypto in 2025: Regulation and AI Token GrowthIncreased Regulation Expected: Nearly 19.39% of respondents predict a rise in crypto regulations, while 16.51% foresee broader adoption of blockchain in real-world applications.AI Tokens Take Center Stage: 23.89% believe AI tokens will dominate the market in 2025, followed by meme coins (19.09%) and DeFi tokens (12.37%), reflecting optimism for AI-driven innovation.Adoption Trends: New Users on the Rise45% New Entrants in 2024: Nearly half of the survey participants joined the crypto space this year, with 24.52% entering in the past six months.Cautious Investments: Over 43.97% of respondents allocate less than 10% of their wealth to crypto, balancing enthusiasm with caution.Motivations and EngagementPrimary Drivers: Rapid asset appreciation (22.4%), decentralization (18.78%), and ease of transactions (17.16%) are the leading motivators.Active Trading: Daily trading remains robust, with 31.09% of users trading daily and 22.91% trading weekly.Top Binance ProductsSpot Trading Leads: Binance Spot is the most-used product, with 25.89% of users actively trading.Binance Earn & Convert: Earn (25.34%) and Convert (17.33%) follow closely, reflecting the platform's versatility in catering to user needs.#Binance #CryptoSurvey #AItokens #Blockchain #DeFi #MemeCoins #CryptoAdoption #Regulation #Investing #SpotTrading #CryptoMarket #Cryptocurrency #UserInsights #2025Trends
🚀 Ethereum's All-Time High Prediction Drops to 13% on Polymarket
#Ethereum #AllTimeHigh #Polymarket #cryptocurrency #markettrends #investment #predictions #ETH
According to BlockBeats, the probability of Ethereum reaching a new all-time high (ATH) this year has significantly decreased on the prediction platform Polymarket. As of December 18, the likelihood of Ethereum not achieving an ATH in 2024 has risen to 87%, while the chance of it setting a new record high has fallen to just 13%.
This shift in predictions comes after a notable change in market sentiment earlier this month. On December 7, the probability of Ethereum reaching an ATH had surged to 41% due to prevailing market conditions at the time. However, this optimism has since waned, reflecting a more cautious outlook among market participants.
The total amount of money involved in these predictions has reached $10,195,803, indicating significant interest and investment in the outcome of Ethereum's price movements. This substantial participation underscores the importance of Ethereum's performance in the broader cryptocurrency market and the attention it garners from investors and traders alike.#Ethereum #AllTimeHigh #Polymarket #cryptocurrency #markettrends #investment #predictions #ETH
🚀 Trump Eyes Strategic Bitcoin Reserve Using $200 Billion U.S. Treasury Fund
#Trump #Bitcoin #StrategicBitcoinReserve #USTreasury #ExchangeStabilizationFund #FinancialCrisis #Pennsylvania #Texas #GlobalBitcoinReserves #Brazil #Poland #Japan #BTC
PANews reports that U.S. President-elect Donald Trump is planning to establish a Strategic Bitcoin Reserve (SBR) through an executive order. The initiative would leverage the Treasury Department's Exchange Stabilization Fund (ESF)—traditionally reserved for addressing financial crises—to acquire Bitcoin. The ESF's assets exceed $200 billion as of October 2024, making this a monumental move in the global race for Bitcoin reserves.U.S. States and Global MomentumThe federal initiative coincides with state-level efforts to promote Bitcoin reserves:Pennsylvania and Texas are advancing legislation to establish Bitcoin reserves at the state level.Globally, nations such as Brazil, Poland, and Japan are deliberating proposals to create national Bitcoin reserves, further intensifying the competition.#Trump #Bitcoin #StrategicBitcoinReserve #USTreasury #ExchangeStabilizationFund #FinancialCrisis #Pennsylvania #Texas #GlobalBitcoinReserves #Brazil #Poland #Japan #BTC
🚀 Bloomberg Analysts Predict Approval Timeline for Cryptocurrency ETFs: LTC and HBAR Lead, SOL and XRP Face Delays
#Cryptocurrency #ETFs #LTC #HBAR #SOL #XRP #SEC #ApprovalTimeline #RegulatoryHurdles #InvestorDemand #CryptoRegulations
WuShuo reports that Bloomberg ETF analysts James Seyffart and Eric Balchunas shared insights into the approval prospects for various cryptocurrency ETFs by the U.S. Securities and Exchange Commission (SEC). While Litecoin (LTC) and Hedera (HBAR) ETFs show strong potential for approval, Solana (SOL) and XRP face regulatory hurdles, delaying their chances until new SEC leadership is in place.Key Insights on Approval ProspectsLitecoin (LTC) and Hedera (HBAR):LTC's classification as a Bitcoin fork and the SEC’s non-identification of it as a security make it a strong contender.Canary is currently the only issuer to file ETF applications for LTC and HBAR.Despite regulatory clarity, analysts note uncertainty around investor demand for these ETFs.Solana (SOL) and XRP:Legal challenges and the SEC’s ongoing scrutiny over securities classifications have postponed their ETF approvals.Analysts believe these applications will only gain traction under the leadership of a new SEC management team.Next Wave of Cryptocurrency ETFs:According to Eric Balchunas, the BTC + ETH combination ETF is likely to debut first in 2025.ETFs for LTC and HBAR are expected to follow.XRP and Solana ETFs are likely to lag due to their unresolved regulatory and legal issues.#Cryptocurrency #ETFs #LTC #HBAR #SOL #XRP #SEC #ApprovalTimeline #RegulatoryHurdles #InvestorDemand #CryptoRegulations
🚀 QCP Capital: Bitcoin Spot Remains Bullish, But Options Market Signals Risk Aversion
#Bitcoin #QCP资本 #市场分析 #牛市 #期权市场 #风险规避 #VanEck #金融报告 #机构投资 #数字资产 #BTC
According to a recent analysis by QCP Capital, sentiment surrounding Bitcoin’s spot price continues to be overwhelmingly bullish, with little evidence to support a bearish outlook. Despite this, the options market reveals underlying caution, as traders appear to favor put options over calls, highlighting a preference for hedging rather than actively chasing gains.Key Insights:Spot Market Optimism:Bitcoin’s spot price has consistently reached new highs, supported by growing adoption, favorable regulatory developments, and increasing institutional interest.Options Market Caution:Despite the bullish momentum in spot prices, the demand for put options suggests lingering risk aversion among traders.This could indicate uncertainty about the sustainability of Bitcoin’s current rally.VanEck’s Bullish Outlook:Asset manager VanEck projects Bitcoin could reach $180,000 in the first quarter of 2025, driven by:Sustained bullish sentiment and favorable market conditions.Regulatory advancements, including the adoption of fair value accounting for digital assets by the Financial Accounting Standards Board (FASB).FASB’s Impact on Bitcoin:The FASB’s decision to allow companies to report fair value gains for Bitcoin and other digital assets directly in their net income is expected to:Enhance the financial reporting of companies holding Bitcoin.Create a cross-asset feedback loop, where companies can more easily raise funds, further boosting institutional demand for BTC.#Bitcoin #QCP资本 #市场分析 #牛市 #期权市场 #风险规避 #VanEck #金融报告 #机构投资 #数字资产 #BTC
🚀 Hong Kong Securities Regulator Issues Licenses to Four Virtual Asset Platforms
#HongKong #SecuritiesRegulator #VirtualAsset #Licenses #Regulation #DigitalAsset #TradingPlatforms #InvestorProtection #Compliance #Innovation
According to Odaily, the Hong Kong Securities and Futures Commission (SFC) has granted licenses to four virtual asset trading platforms through an expedited licensing process. The platforms that received licenses are YunAccount Greater Bay Technology (Hong Kong) Co., Ltd., DFX Labs Company Limited, Hong Kong Digital Asset Exchange Group Co., Ltd., and Thousand Whales Technology (BVI) Limited. This move is part of the SFC's efforts to regulate the growing virtual asset market in Hong Kong.
The SFC is currently reviewing additional applications using the same expedited process, indicating a proactive approach to managing the burgeoning digital asset sector. The licensing of these platforms marks a significant step in Hong Kong's regulatory landscape, aiming to ensure that virtual asset trading is conducted in a secure and compliant manner. By implementing a swift licensing procedure, the SFC seeks to foster a robust regulatory framework that supports innovation while safeguarding investor interests.#HongKong #SecuritiesRegulator #VirtualAsset #Licenses #Regulation #DigitalAsset #TradingPlatforms #InvestorProtection #Compliance #Innovation
🚀 ZBD Secures EU MiCA License Approval For Crypto Services
#ZBD #MiCA #CryptoServices #EULicense #BitcoinLightning #Cryptocurrency #RegulatoryCompliance #DigitalAssets #AFM #EUMarket #CryptocurrencyCustody #ExchangeServices
According to PANews, ZBD, a payment platform powered by the Bitcoin Lightning Network, has received approval from the Dutch Authority for the Financial Markets (AFM) for its EU Markets in Crypto-Assets (MiCA) license application. This approval marks a significant step for ZBD, as it will enable the company to offer a comprehensive range of cryptocurrency custody and exchange services across the European Union once the license becomes effective.
The approval of the MiCA license is a crucial development for ZBD, as it positions the company to expand its operations within the EU's single market. The license will allow ZBD to provide its services in a regulated environment, ensuring compliance with the EU's stringent financial regulations. This move is expected to enhance the company's credibility and trust among users and partners, facilitating its growth in the competitive cryptocurrency market.
ZBD's expansion into the EU market aligns with the broader trend of increasing regulatory oversight in the cryptocurrency industry. As more countries and regions implement regulatory frameworks for digital assets, companies like ZBD are seeking to secure the necessary licenses to operate legally and efficiently. The MiCA regulation, in particular, aims to create a harmonized regulatory environment for cryptocurrencies within the EU, providing clarity and protection for both consumers and businesses.
The approval from the AFM is a testament to ZBD's commitment to adhering to regulatory standards and its readiness to meet the demands of the evolving cryptocurrency landscape. As the company prepares to launch its services under the new license, it is poised to play a significant role in the EU's growing digital asset ecosystem.#ZBD #MiCA #CryptoServices #EULicense #BitcoinLightning #Cryptocurrency #RegulatoryCompliance #DigitalAssets #AFM #EUMarket #CryptocurrencyCustody #ExchangeServices
🚀 Bitcoin(BTC) Surpasses 105,000 USDT with a Narrowed 1.71% Decrease in 24 Hours
#Bitcoin #BTC #USDT #cryptocurrency #Binance #marketdata #trading #decrease
On Dec 18, 2024, 11:59 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 105,000 USDT benchmark and is now trading at 105,024.171875 USDT, with a narrowed narrowed 1.71% decrease in 24 hours.#Bitcoin #BTC #USDT #cryptocurrency #Binance #marketdata #trading #decrease
🚀 BlackRock's Ethereum ETF Holds Over 1 Million ETH
#BlackRock #Ethereum #ETF #iSharesEthereumTrust #InstitutionalInvestment #Cryptocurrency #DigitalAssets #BlockchainTechnology #FinancialInstitutions #InvestmentOpportunities #ETH
According to PANews, Lookonchain monitoring reveals that BlackRock's spot Ethereum ETF, known as the iShares Ethereum Trust ETF, currently holds more than 1 million ETH. The total amount held is 1,025,378 ETH, which is approximately valued at $4.04 billion.
This significant holding underscores the growing institutional interest in Ethereum as a digital asset. The iShares Ethereum Trust ETF is designed to provide investors with exposure to the price movement of Ethereum, reflecting the increasing demand for cryptocurrency investment products. The substantial amount of ETH held by the ETF highlights the confidence of major financial institutions in the potential of Ethereum's blockchain technology and its applications.
The accumulation of such a large quantity of Ethereum by a single ETF is indicative of the broader trend of traditional financial entities entering the cryptocurrency market. This move by BlackRock, a leading global investment management corporation, could potentially influence other institutional investors to consider similar strategies, further integrating digital assets into mainstream financial portfolios. The development is a testament to the evolving landscape of investment opportunities in the digital currency space.#BlackRock #Ethereum #ETF #iSharesEthereumTrust #InstitutionalInvestment #Cryptocurrency #DigitalAssets #BlockchainTechnology #FinancialInstitutions #InvestmentOpportunities #ETH
🚀 🔥 Binance Alpha Unveils Second Batch of Projects: CKP, GEAR, SD, SYRUP, and Fartcoin 🔥
#Binance #BinanceAlpha #CKP #GEAR #SD #SYRUP #Fartcoin #Blockchain #CryptoInnovation
Binance Alpha Unveils Second Batch of Projects: CKP, GEAR, SD, SYRUP, and FartcoinBinance has officially revealed the second batch of projects under its Binance Alpha initiative. The newly announced projects include CKP, GEAR, SD, SYRUP, and Fartcoin, showcasing Binance's continued support for innovative blockchain ventures.Highlights of Binance Alpha Projects:Second Batch:The second batch features a mix of projects aimed at advancing blockchain solutions and exploring new use cases.These projects include diverse offerings across ecosystems, adding to Binance Alpha's dynamic portfolio.First Batch Recap:The initial five projects—KOMA, Cheems, APX, ai16z, and AIXBT—were previously announced, highlighting Binance's multi-layered approach to fostering innovation in the crypto space.#Binance #BinanceAlpha #CKP #GEAR #SD #SYRUP #Fartcoin #Blockchain #CryptoInnovation
🚀 Long-Term Ethereum Holders Increase Balances in 2024
#Ethereum #ETH #LongTermHolders #Cryptocurrency #Investment #MarketTrends #BuyAndHold #Blockchain #InvestorSentiment #CryptocurrencyMarket
According to BlockBeats, data from Intotheblock reveals that long-term Ethereum (ETH) holders have demonstrated strong confidence in their investments throughout this year. The collective balance of these holders has continued to grow, indicating a sustained belief in the cryptocurrency's potential. Currently, approximately 110 million ETH are held by long-term investors, reflecting their commitment to maintaining and increasing their holdings despite market fluctuations. This trend underscores the resilience and optimism within the Ethereum community, as these holders play a crucial role in stabilizing the market by reducing the available supply of ETH for trading. The increase in long-term holdings suggests that investors are anticipating future growth and are willing to endure short-term volatility for potential long-term gains. This behavior aligns with broader trends in the cryptocurrency market, where seasoned investors often adopt a buy-and-hold strategy to capitalize on anticipated technological advancements and adoption. The data highlights the importance of long-term holders in the ecosystem, as their actions can significantly influence market dynamics and investor sentiment.#Ethereum #ETH #LongTermHolders #Cryptocurrency #Investment #MarketTrends #BuyAndHold #Blockchain #InvestorSentiment #CryptocurrencyMarket
🚀 Real World Asset Market Reaches $14 Billion Milestone
#RealWorldAssets #RWA #Tokenization #PrivateCredit #GovernmentBonds #MarketCapitalization #InstitutionalInvestment #Securitize #BlackRock #FranklinTempleton #BUIDL #FOBXX
According to PANews, the real world asset (RWA) market has reached a new peak with a total market capitalization of $14 billion. This growth is primarily driven by tokenized private credit and tokenized government bonds, which hold market shares of $9.5 billion and $3 billion, respectively. Together, these sectors account for 89% of the entire on-chain RWA market.
Since the beginning of 2024, the RWA market has expanded by 66%, highlighting the growing interest from institutional investors. This expansion is supported by traditional entities and their willingness to tokenize assets through companies like Securitize.
Private credit dominates the market valuation, with Figure capturing 93% of the private credit market. U.S. institutions are increasing their influence in this sector, with BlackRock and Franklin Templeton's tokenized government bond funds, BUIDL and FOBXX, making up nearly 35% of the total tokenized government bond market valuation.#RealWorldAssets #RWA #Tokenization #PrivateCredit #GovernmentBonds #MarketCapitalization #InstitutionalInvestment #Securitize #BlackRock #FranklinTempleton #BUIDL #FOBXX
🚀 U.S. Treasury Yields Fluctuate Amid Fed Rate Decision Anticipation
#USTreasuryYields #FederalReserve #InterestRates #EconomicIndicators #HousingMarket #MarketSentiment #RateCut #MonetaryPolicy
According to Odaily, U.S. Treasury yields experienced fluctuations ahead of the Federal Reserve's rate decision announcement. Initially, yields rose, but they later retreated following the release of economic data indicating a decline in new home construction both month-over-month and year-over-year. This downturn in housing starts contributed to the easing of Treasury yields.
Market expectations are currently leaning towards a 25 basis point rate cut by the Federal Reserve, with indications that rate hikes may be paused in January. This anticipation has added a hawkish tone to the market sentiment. As a result, the settlement price for the 10-year U.S. Treasury yield is poised to reach its highest level in over a month. The interplay between economic indicators and monetary policy expectations continues to shape the dynamics of the U.S. Treasury market.#USTreasuryYields #FederalReserve #InterestRates #EconomicIndicators #HousingMarket #MarketSentiment #RateCut #MonetaryPolicy
🚀 Bitcoin(BTC) Drops Below 104,000 USDT with a 2.92% Decrease in 24 Hours
#Bitcoin #BTC #Cryptocurrency #MarketUpdate #Trading #USDT #Binance #PriceDrop
On Dec 18, 2024, 14:41 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 104,000 USDT and is now trading at 103,986.820313 USDT, with a narrowed 2.92% decrease in 24 hours.#Bitcoin #BTC #Cryptocurrency #MarketUpdate #Trading #USDT #Binance #PriceDrop