The Fed’s decision is tomorrow. How will Bitcoin move? ⏰🔥
Tomorrow, Wednesday, October 28, the whole market will be watching the Fed.
The Fed’s decision is tomorrow... How will Bitcoin move? ⏰🔥 Tomorrow, Wednesday, October 28, the whole market will be watching the Fed. What’s expected, and what should you keep an eye on? 1️⃣ What’s expected? The Fed is expected to hold interest rates at 3.75%–4.00%. CME data put the odds of a hold at around 90.6% and the odds of a hike at 9.4%. For context, the Fed raised rates by 0.25% in September for the first time in more than three years. (Fed Rate Decision October 2026: Why Another Rate Hike Is Still on the Table - Crypto Daily +2)
How does the ETF move the market? Understand it in a minute 👇
Whenever the market drops, you’ll see people saying, "The ETF is selling off."
How does the ETF move the market? Understand it in a minute 👇 Whenever the market drops, you’ll see people saying, "The ETF is selling off." So what does that mean? 1️⃣ What is an ETF? A fund that buys real crypto (Bitcoin or Ethereum), and people buy shares in it through a regular stock exchange without having to open a wallet. Institutions and large companies like this. 2️⃣ Why does this affect the price?
The market is in the red and everyone’s asking: why? And what was the only one that gained this week? 🔴🟢
The week ending October 25
The market is in the red and everyone’s asking: why? And what was the only one that gained this week? 🔴🟢 The week ending October 25 was rough for the market. Four of the five largest cryptocurrencies (excluding stablecoins) closed in the red, with Bitcoin down 2.27% and Ethereum down 3.95%. (cryptoticker) 1️⃣ Why is it falling? ETF flows: Ethereum funds lost about $1.1 billion in 3 weeks. They also recorded net outflows on 14 of 16 trading days in October. (Yahoo Finance) (coinmarketcap)
90% of people lose money in crypto because of one mistake... and you’re probably making it 👇
90% of people lose money in crypto because of one mistake... and you’re probably making it 👇 Before entering any trade, ask yourself 3 questions: 1️⃣ How much will I lose if the price drops? (Set your stop-loss before entering) 2️⃣ Did you enter based on research or because of FOMO? 3️⃣ Can I afford to lose this amount? People who stick to these 3 rules last longer in the market than those chasing the “big trade” 🎯
$AAPLB #Help me, my brothers. I swear to God, I pray that we may escape unemployment and live a dignified life. Whoever does me this kindness, I swear to God I will repay it twofold. O Reliever of worries, O Remover of distress, relieve my worries, dispel my distress, and provide for me from where I do not expect.
💥 More than $810 million was liquidated in 24 hours! Bitcoin $BTC fell on Saturday to around $79,146 (its weakest level in over a month), then climbed back above $80,000 ahead of the Fed's interest rate decision. What happened: • Around $689 million of liquidations were leveraged long positions (≈ 85%) • Weekend liquidity is thin, so price moves are amplified faster
If you win 50% of your trades, are you profitable? Not always! What matters most isn’t your win rate, but your target-to-stop-loss ratio. For example, if your target is 1.5 times your stop loss, you can break even with a win rate of around 40% (before commissions). What if your target is exactly the same as your stop loss? You need to win more than 50%. Calculate this number before entering any trade. Tell me: what target-to-stop-loss ratio do you use?
👉Activity Period: 2024-01-25 09:00 (UTC) to 2024-02-08 09:00 (UTC)
👉All KYC-verified users will be eligible to participate in this round of "Binance Learn & Earn". 👉Eligible users will stand a chance to receive a predetermined amount of SOL or tokens from other projects, depending on the course or quiz they complete.
👉Qualified users can begin to read the articles and watch the video(s) anytime from now and complete quizzes while token supplies last.
Binance SOL Quiz Answers:
Q1) Which of these is not one of the technical design features that allow Solana to process transactions at a higher rate?
ANSWER: Proof-of-work
Q2) As of September 2022, what is the energy impact of a single Solana transaction on average?
ANSWER: Less than a Google search (~500J)
Q3) What can you use SOL for?
ANSWER: All are correct
Q4) What is the average Solana transaction fee?
ANSWER: $0.00025
Q5) What is Saga?
ANSWER: A crypto-friendly mobile phone that uses the Solana Mobile Stack
Q6) How quickly does it take the Solana Pay protocol to process a transaction globally?
ANSWER: A few seconds
Q7) Firedancer, a new Solana validator client being developed by Jump Crypto, can process how many TPS in a test environment?
ANSWER: 1,200,000
Q8) Solana uses mining to secure its network.
ANSWER: False
Q9) As of December 2022, how many NFTS have been minted using Solana?
Answer: 22,700,000
Q10) Which of the following established companies support or have integrated Solana?
Answer: All are correct
Q11) As of December 2022, how many NFTS have been minted using Solana?
Answer: 22,700,000
Q12) Which of the following established companies support or have integrated Solana?
Answer: All are correct
#BTC #Write2Earn #ETH #etf
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