Dechain ⛓️‍💥

Anything and Everything Finance

[Dechain ⛓️‍💥 @Adi_1027]

@FefeDemeny Market can stay irrational longer than you can stay liquid

[Dechain ⛓️‍💥 @Adi_1027]

🚨 NEW: SEC approves Hashdex and Franklin’s Bitcoin-Ether index ETFs. #BTC #ETH

[Dechain ⛓️‍💥 @Adi_1027]

Various luxury brands are considering crypto as payments, while some are already adopting it.

Printempts is teaming up with Binance to start accepting $BTC & $ETH as payments. 🛍️

Virgin cruise line is accepting Bitcoin for a $120K annual pass. 🛳️

[Dechain ⛓️‍💥 @Adi_1027]

20 companies now hold over 1,000 Bitcoin each 🚀

🔴 MicroStrategy $MSTR: 439,000 $BTC
🔴 Marathon Digital $MARA: 40,435 $BTC
🔴 Riot Platforms $RIOT: 17,429 $BTC

[Dechain ⛓️‍💥 @Adi_1027]

🇺🇸 JUST IN: SEC approves Hashdex Nasdaq Bitcoin & Ethereum ETF and Franklin Cboe Crypto Index ETF "on an accelerated basis."

[Dechain ⛓️‍💥 @Adi_1027]

🇺🇸 Morning Economic Data:

*Q3 GDP: Beat 🟢
*Q3 Core PCE Prices: Miss 🔴
*Q3 Consumer Spending: Beat 🟢
*Jobless Claims: Beat 🟢
*Continuing Jobless Claims: Beat 🟢
*Philly Fed Factory Index: Miss 🔴

Perhaps Jerome Powell will get his 'Soft-Landing' after all.

[Dechain ⛓️‍💥 @Adi_1027]

Key Takeaway: Despite fears over a looming downturn, the U.S. economy continues to grow at an above-average pace as consumer spending remains resilient.

The Fed has no reason to cut rates anytime soon.
(2/2)

[Dechain ⛓️‍💥 @Adi_1027]

⚠️SUMMARY OF US Q3 GDP REPORT:

1. The U.S. economy grew at an annual rate of 3.1% in the third quarter, beating expectations for an increase of 2.8%.

2. The GDP Price Index ticked up 1.9%, matching estimates.

3. Core PCE Prices rose 2.2%, above expectations for 2.1%.
(1/2)

[Dechain ⛓️‍💥 @Adi_1027]

JUST IN: Bank of Japan #BOJ holds rates at 0.25%

[Dechain ⛓️‍💥 @Adi_1027]

JUST IN: Over $1.50 trillion was wiped out from the US stock market today. #QQQ #SPX #AAPL #NVIDIA #MSFT

[Dechain ⛓️‍💥 @Adi_1027]

JUST IN: 🇺🇸 #FED Chair Jerome Powell says it might take 1-2 years for inflation to reach 2%.

[Dechain ⛓️‍💥 @Adi_1027]

JUST IN: $310,000,000 liquidated from the cryptocurrency market in the past 60 minutes. #Crypto #BTC #ETH #SOL #AVAX #SUI #Altcoins

[Dechain ⛓️‍💥 @Adi_1027]

JUST IN: 🇺🇸 #FED Chair Jerome Powell says "we have avoided a recession" and expect "another very good year."

[Dechain ⛓️‍💥 @Adi_1027]

BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 25bps.

[Dechain ⛓️‍💥 @Adi_1027]

BREAKING: The S&P 500 falls sharply after the Fed cuts rates by 25 basis points, but raises inflation forecast.

The #Fed reduced their outlook from 3 to 2 rate cuts in 2025 and raised inflation expectations from 2.1% to 2.5%.

Inflation is back.

[Dechain ⛓️‍💥 @Adi_1027]

🚨BREAKING: The @SonicLabs mainnet has officially launched!

$FTM holders can now bridge their tokens to $S on a 1:1 ratio using the MySonic portal

[Dechain ⛓️‍💥 @Adi_1027]

Macro:
Wednesday 18th: #FOMC meeting to accounce rate cuts
Thursday 19th: Bank of Japan rate cut decision
Thursday 19th: Bank of England rate cut decision
Friday 20th: US Core #PCE
Friday 20th: Bank of #China prime loan rate announcement
$BTC $ETH $SOL $SUI $AVAX

[Watcher.Guru @WatcherGuru]

JUST IN: $11.5 trillion asset manager BlackRock releases video explaining #Bitcoin.

[Dechain ⛓️‍💥 @Adi_1027]

🚨 JUST IN: $Ripple $XRP officially launches their $RLUSD stablecoin!

[Dechain ⛓️‍💥 @Adi_1027]

BREAKING: #Bitcoin hits a new all-time high at $108,000! 🚀