IMPORTANT UPDATES:
-Republicans expect Crypto Clarity Act to fail in the Senate next week.
-Ethereum to let users pay transaction fees with stablecoins instead of ETH in 2027.
-Robinhood ''HOOD'' to take minority stake in Crypto . com
-Visa says crypto stablecoin cards are in "hypergrowth mode."
-OpenAI's top scientist warns AI is advancing so fast it is becoming increasingly difficult for humans to understand and control.
-Republicans expect Crypto Clarity Act to fail in the Senate next week.
-Ethereum to let users pay transaction fees with stablecoins instead of ETH in 2027.
-Robinhood ''HOOD'' to take minority stake in Crypto . com
-Visa says crypto stablecoin cards are in "hypergrowth mode."
-OpenAI's top scientist warns AI is advancing so fast it is becoming increasingly difficult for humans to understand and control.
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14-Day Trading Competition:
⏳ Only 3 days left
The final round is your last chance to compete for:
🥇 $500 Real USDT
🥈 $150 Real USDT
🥉 1-Step Start Account for #3–5
🗓 Competition ends sep 12th
Register Now:
https://www.cointracts.com/client/register?regid=GBPCLZS7FW
Watch YouTube Video:
https://youtu.be/oKAusfFOBjM?si=bG20dzi3FkaHz_mD
⏳ Only 3 days left
The final round is your last chance to compete for:
🥇 $500 Real USDT
🥈 $150 Real USDT
🥉 1-Step Start Account for #3–5
🗓 Competition ends sep 12th
Register Now:
https://www.cointracts.com/client/register?regid=GBPCLZS7FW
Watch YouTube Video:
https://youtu.be/oKAusfFOBjM?si=bG20dzi3FkaHz_mD
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Get Ready Guys:
PPI DATA Today At 6 PM IST..
Volatility Incoming.
PPI DATA Today At 6 PM IST..
Volatility Incoming.
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U.S PPI came in at 5.4%
Expectation: 5.3%
Highest level in 2 months.
Expectation: 5.3%
Highest level in 2 months.
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IMPORTANT UPDATES:
-The Odds of the Federal Reserve raising interest rates next week surge to 64% after PPI comes in higher than expected.
-FTX founder Sam Bankman-Fried is asking the US Supreme Court to overturn his fraud conviction.
-White House Official Patrick Witt warns Congress is running out of time to pass the Crypto Clarity Act.
-Brent Crude Oil surges 5% to $108, highest level since May.
-Saudi Arabia oil production falls to lowest level in 36 years.
-Senate Republicans release updated version of the crypto Clarity Act following August recess negotiations.
-U.S lawmakers consider requiring "kill switches" to shut down AI systems if they become too dangerous.
-The Odds of the Federal Reserve raising interest rates next week surge to 64% after PPI comes in higher than expected.
-FTX founder Sam Bankman-Fried is asking the US Supreme Court to overturn his fraud conviction.
-White House Official Patrick Witt warns Congress is running out of time to pass the Crypto Clarity Act.
-Brent Crude Oil surges 5% to $108, highest level since May.
-Saudi Arabia oil production falls to lowest level in 36 years.
-Senate Republicans release updated version of the crypto Clarity Act following August recess negotiations.
-U.S lawmakers consider requiring "kill switches" to shut down AI systems if they become too dangerous.
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U.S CPI DATA:
U.S Inflation remains at 3.4%.
Expected: 3.4%
U.S core consumer prices rose 0.3% in August, forecast was 0.2
U.S Inflation remains at 3.4%.
Expected: 3.4%
U.S core consumer prices rose 0.3% in August, forecast was 0.2
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BITCOIN UPDATE:
-Bitcoin has pulled back from $78,000 level due to profit bookings & market uncertainty. As of now BTC is trading around $77,000.
-Major Resistance is at $82k-$83k. Important psychological level is at $80,000.
-Important support levels to watch out is $75,000. If this is broken then Major Technical Support is between $73,000 - $72,000
-If bitcoin reclaims $80,000 and if it breaks $83,000 level then my next target is $90,000.
-If bitcoin breaks down below the $72,000 - $73,000 level, then this will weaken the short-term recovery structure.
-Bitcoin has pulled back from $78,000 level due to profit bookings & market uncertainty. As of now BTC is trading around $77,000.
-Major Resistance is at $82k-$83k. Important psychological level is at $80,000.
-Important support levels to watch out is $75,000. If this is broken then Major Technical Support is between $73,000 - $72,000
-If bitcoin reclaims $80,000 and if it breaks $83,000 level then my next target is $90,000.
-If bitcoin breaks down below the $72,000 - $73,000 level, then this will weaken the short-term recovery structure.
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Crypto Exchange CoinEx to shut down all operations..
After 9 years in the crypto market, ''CoinEx'' has announced it will shut down its operations.
The exchange cited the ongoing market downturn and rising compliance costs. Withdrawals will remain open until Dec 22nd this year.
Another exchange has come to an end, if you have any funds on CoinEx withdraw now..
After 9 years in the crypto market, ''CoinEx'' has announced it will shut down its operations.
The exchange cited the ongoing market downturn and rising compliance costs. Withdrawals will remain open until Dec 22nd this year.
Another exchange has come to an end, if you have any funds on CoinEx withdraw now..
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BREAKING:
The Crypto CLARITY Act has FAILED to pass the U.S. Senate cloture vote.
The bill failed to secure the required 60 votes to advance.
The Crypto CLARITY Act has FAILED to pass the U.S. Senate cloture vote.
The bill failed to secure the required 60 votes to advance.
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