VERY POSITIVE inflation data and better than expected in all fields. As I analyzed last Monday in Las Claves, even better data than was expected by the consensus on Wall Street was expected. That's how it has been. This is a springboard for the Fed, which has an important toast with employment cooling and inflation slackening in recent months. Good data for the market.
#HBAR/USDT #HBAR $HBAR Breaking: Are you a lover of music and technology? Then you should know about Tune.fm, the Web3-based music streaming platform that is revolutionizing the industry. During my experience at SXSW, I had the pleasure of meeting Andrew Antar, CEO of Tune.fm, and was fascinated by what he offers. Mentions Melissa Jun Rowley CEO Founder of Warrior Love Productions.
Pays artists up to 100x more than Spotify! Built on #HEDERA the most sustainable public blockchain network available, Tune.fm is attracting a new generation of listeners and artists. If you are like me, who has never experienced a Web3 product before, I invite you to join this exciting platform and discover a world of music where artists are valued and rewarded as they deserve. The most exciting thing is that most of the base Tune.fm's user base is made up of artists and music fans who had never used a Web3 product until joining the platform. This shows that Tune.fm is changing the way we experience music, offering fair and transparent compensation for artists and an unmatched music experience for listeners. Are you ready to join the music revolution? Join Tune.fm and be part of this exciting change in the way we enjoy music!
#Bitcoin bulls seem unable to effect significant change on a sideways market — traders hope that macro data will upend the status quo for $BTC price action.
In the current high interest rate environment, putting cash, treasury, and stablecoin assets to work is more important than ever. MMFs are a useful vehicle as they have the potential to provide institutional stability and yield, due to their underlying investments in short-term debt products, and reduce the counterparty risk of a single bank or stablecoin provider. Additionally, by creating a secondary market for tokenized instruments, Archax can provide investors with the benefit of a near-instantaneous transfer of MMF shares throughout the day, an advantage that may also allow the tokens to be used for the movement of guarantees instead of just traditional subscriptions. redemptions.
Let's observe the movements of Warren Buffett's portfolio, according to the presentation of his 13F of 4Q23. #BTC!💰 #ETH #recesión #Reddit #warrenbuffet One of his most important movements was that he reduced his position in #Apple
🚀#Bitcoin(BTC) exceeds $1 trillion in market capitalization. This milestone reinforces its position as the tenth most valuable financial asset in the world. This occurs while the price of each unit approaches $52,000, a price that has not been seen since the end of 2021.
In the short term, while there are those who project that the rise could continue - driven mainly by capital inflows to ETFs - technical indicators such as the RSI show an overbought zone that anticipates a possible downward correction. #Write2Earn $BNB $ETH $BTC
The cup and handle pattern has the potential to serve as a significant indicator, suggesting a possible bullish move for the S&P 500 index toward the levels of 5200 and 5600 👉
Europe may not have the Magnificent Seven, but it does have the GRANOLAS, which stands for Glaxosmithkline, Roche, ASML, Nestle, Novartis, Novo Nordisk, L'Oreal, LVMH, Astrazeneca, SAP, and Sanofi.
🚨👉BNP Paribas believes that the latest inflation data will change the Fed's roadmap...
"We think the composition of the January CPI will be particularly concerning for the Fed... We now see cuts of 100 basis points (up from 150 basis points)." #BNBChain #BNB #BTCRally #BTC!💰 #ETHUSDT #Write2Earn
BNB Chain, a trailblazer in blockchain technology, continues to push the boundaries in 2024. Entering the new year, BNB Chain is driven to surpass expectations with its ambitious tech outlook. Our focus is clear – driving mass adoption by developing a fast, cost-effective, scalable, developer-friendly, and secure multichain strategy precisely crafted for DeFi, fully on-chain gaming, AI, DePIN, DeSoc, and the Web3 economy.
Before delving into the 2024 outlook, let's review the achievements of BNB Chain’s ecosystem in 2023.
BNB Smart Chain (BSC) is one of the most actively used L1 blockchains. In 2023, it achieved an all-time high of 32M transactions in a single day and 2,000 transactions per second (TPS). opBNB became the most active layer 2 platform. It achieved an all-time high of 71M transactions in a single day and 4,500 TPS. As per AvengerDAO, BNB Chain experienced an 85% reduction in total losses from hacking or scams in 2023 compared to 2022. In 2024, the objective is to continue proactively detecting and alerting about potential hacks and scams at their inception. Let's dive into the 2024 outlook. Here are some key developments that users can anticipate this year.
📌👉-1.16% on the SP500 at the moment after the inflation data above expectations.
Various readings:
1) The overbought, as Goldman Sachs and Morgan Stanley said, was too high and a correction was needed in the very short term with some excuse as a pretext.
2) Rhetoric returns: "inflation" or "recession." Because? Due to the fear of inflation that is not controlled and that, if rates are lowered, it will grow strongly again; and the fact that keeping the rates higher for longer does cause the pins to come loose.
$BTC $ETH 🇸🇻 El Salvador is at a crossroads between the IMF and its#Bitcoinproject. 💼💰
Alex Muller, economist at Bank of America, believes that the#ElSalvadorgovernment will have to make a crucial decision this time. He revealed that Nayib#Bukeleis increasingly willing to engage in fruitful negotiations with international partners, especially the IMF, to attract more investments to the country. 🌍💸 But the body has repeatedly opposed $BTC being legal tender, and demands that the bitcoiner project be abandoned as a condition. 💔
An idea that has been rejected by the Salvadoran president, who has stated that, in his second term, he will continue with Bitcoin. 🚀📈
General CPI (annualized): 3.1% vs. 2.9% forecast and 3.4% previous.
Core CPI (annualized): 3.9% vs. 3.7% forecast and 3.9% previous.
Monthly CPI: 0.3% vs. 0.2% forecast and 0.2% previous.
--------------------- WORSE data than expected, although moderation in the general rate from 3.4% the previous month.
A jug of cold water with core inflation, which is stuck at 3.9% and with the monthly CPI: prices rose 0.3% in January compared to the 0.2% expected. We will see evolution.