Fed's interest rate resolution will be revealed at 18h:00 June 12 (UTC) 🚨
The Fed Interest Rate
The Fed interest rate, also known as the federal funds rate, is the rate at which commercial banks lend funds to each other on a short-term basis, typically overnight. The United States Federal Reserve (the Fed) sets a target range for this rate and uses various monetary policy tools to maintain it within this range. This rate is crucial because it influences many other interest rates in the economy, including those for mortgages, credit cards, and business loans.
Impact on the Stock Market
Borrowing Costs: When the Fed increases interest rates, the cost of borrowing for companies rises. This can reduce their net profits, as businesses have to pay more in interest on their debts. Consequently, higher rates can lead to a decline in stock prices.Consumer Spending and Investment: Higher interest rates also mean that consumers pay more for their loans, which can reduce their ability to spend. Lower consumer spending can slow economic growth, generally negatively impacting the stock market. Conversely, lower rates encourage borrowing and spending, which can stimulate economic growth and boost stock prices.Expectations and Sentiment: The Fed's interest rate decisions also affect investor expectations and market sentiment. An increase in rates may be perceived as a sign that the economy is overheating and the Fed is trying to curb inflation. This can worry investors and lead to stock sell-offs. Conversely, a rate cut can be seen as an attempt to stimulate the economy, encouraging investors to buy stocks.Discounted Cash Flow (DCF) Valuations: Interest rates influence how investors value stocks. Financial analysts use discounted cash flow models to assess companies, which take interest rates into account. Higher rates reduce the present value of future cash flows, potentially leading to lower stock prices.
In summary, the Fed interest rate is a key tool of monetary policy with significant implications for the economy and the stock market. The Fed's rate decisions can influence borrowing costs, levels of consumer spending and investment, and overall market sentiment, thereby affecting the overall performance of stocks. Understanding these dynamics can help investors make more informed decisions in response to changes in the Fed's interest rate policy.

Please monitor the makrets carefully!🎯

#bitcoin #altcoins #FedRateDecisions #CryptoNewss #Market_Update

Binance just announced the first time listing of the new cutting-edge project's token: io.net ! With $BNB reaching a new ATH high of $700, the buzz around the 55th project on Binance's Launchpoolis intensifying🚀
About io.net🌐
io.net positions itself as the world’s largest decentralized computing network designed to power up machine learning (ML) and AI applications at a fraction of the cost of centralized services.
Prior to June 2022, io.net was exclusively devoted to developing institutional-grade quantitative trading systems for the US stock market and the cryptocurrency market. In April 2023, after rebranding itself as the "internet of GPUs", io.net became one of the winners of the Solana Hackathon and launched the network in November.
Technically, io.net is a Solana-based DePIN project that aggregates the computing power of more than a million GPUs from independent data centers, crypto miners, and crypto projects such as Filecoin or Render. A Decentralized Physical Infrastructure Networks (DePIN), leverages blockchains, IoT and the greater Web3 ecosystem to create, operate and maintain real-world physical infrastructure. In a DePIN network, token incentives are used to coordinate, reward and safeguard members of the network.
Io.net uses the Solana blockchain to provide transparent proof-of-compute and make every transaction between supplier and consumer visible on-chain. The IO token, in turn, provides a unified transaction experience for users and enables incentive mechanisms for suppliers, customers, and users to participate and grow the network.

Prospects 👩‍💻
According to Ahmad Shadid, founder and CEO of io.net: "The demand for GPU compute capacity for AI applications is more than 2.5 times the capacity that exists in cloud services like AWS and Azure today, increasing costs and lead times for everyone." For this reason, io.net intends to disrupt the cloud computing market with its decentralized permissionless model: while it can take weeks to obtain GPU compute from traditional centralized cloud providers, such as AWS, io.net makes it possible to get access to distributed clusters in seconds.
The project is already backed by a solid ground of investors, including Solana Ventures, Multicoin Capital, and Hack VC. ⭐️⭐️⭐️
According to Shayon Sengupta from Multicoin Capital: GPUs are "the scarcest commodity in the world" and industry analysts are "still radically underestimating" how much computing power will be needed to fuel the next generation of AI apps. "Io.net has the potential to democratize GPU computing", he added.
According to Ed Roman from Hack VC: "Io.net saves customers up to 90% on their cloud AI costs. In an age where GPU chips are in high demand with global shortages, that is simply an incredible accomplishment."

Here’s your chance to get involved early and farm $IO tokens💰!
Launchpool Details 📅
The $IO token will first be issued on Binance Launchpool, where users will be able to farm it using staked BNB and FDUSD. Then, trading will open with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs.
🗓️ Key Dates:
Farming Starts: 2024-06-07 00:00 (UTC)Trading Opens: 2024-06-11 12:00 (UTC)
During the farming period, 4% of the total IO supply (20M tokens) will be available to earn:
17M IO for the BNB pool3M for the FDUSD pool
Upon listing, 19% of the total supply (95M IO) will be unlocked and available to the public.
IO has a max token supply of 800M, 300M of which will be emitted gradually for suppliers and stakers who contribute to io.net’s decentralized network. Rewards will be distributed over a period of 20 years with a disinflationary model beginning at 8% in the first year and decreasing gradually until the 800M cap is reached.

🚀Tokenomics:
Token Name: IO.NET (IO)Total Token Supply at Genesis: 500,000,000 IOMax Token Supply: 800,000,000 IOLaunchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis)Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis)
📝Terms and Details:
- Smart Contract Details: [SOL]
https://solscan.io/token/BZLbGTNCSFfoth2GYDtwr7e4imWzpR5jqcUuGEwr646K
- Staking Terms: KYC required
💰 How to Participate:
1. Stake Your Tokens: Stake your BNB and FDUSD into separate pools.
2. Farming Period: From 2024-06-07 00:00 (UTC) to 2024-06-10 23:59 (UTC).
3. Hourly Hard Cap per User:
BNB Pool: 17,708.33 IOFDUSD Pool: 3,125 IO

Let's speculate on the IO token's price 🎯:
As seen above, there are many positive points for the IO project!
Also as said Ahmad Shadid, founder and CEO of io.net the demand for GPU compute capacity is extremly high! We can therefere expect that the recent hype around artificial intelligence (AI) and the huge enthusiasm surrounding GPU tokens should continue to be strong over time! 📈
Let's not forget to highlight "Nvidia shares passed a historic milestone on Wednesday, with a new record high of $1224.40, which pushed the capitalization above $3000 billion, allowing the AI chipmaker to pass Apple (NASDAQ:AAPL)"💥
So investors are out in force to speculate on these new technologies! With the large team behind the project and the many partnerships already built, IO token seems to be a solid choice for the long term!
Binance will be the very first platform to list the token. This also means lower selling pressure!
After some research, I discovered that the price of IO on a competitive pre-market place was around $4, with a peak of $4.89! [on 07-06-24]
Now let's see how realistic this price is in terms regarding the token economics:
Taking into account the 115 M tokens in circulation (Launchpad rewards + initial circulating supply):
115 000 000 x 4.00 $ (average price) = 460 000 000 Mcap!
Following my previous analyses on RENZO and NOT, this is even higher and confirms the strong demand for GPU tokens! 🚀
Unlike NOT coins, there will be little selling pressure, as there are no massive airdrops and few token holders.
So I think it's realistic for the price to explode on listing ($10...🎯?), then come back down to consolidate towards the reference price of 4$!

And you, what do you think about the IO token price? 👀

That's it, thanks for reading!
See you soon! 🐸

Project Links🔗:
IO.NET Website: https://io.net/Whitepaper: https://docs.io.net/X: https://x.com/ionetTelegram: https://t.me/io_net

#IOLAUNCHPOOL #ionet #io.net #BTC #BnbAth

Fed's interest rate resolution will be revealed at 18h:00 June 12 (UTC) 🚨

According to a survey by financial data firm FactSet, nearly all economists predict that monetary policymakers will keep the federal funds rate steady in the range of 5.25% to 5.5%. This rate, the highest in 23 years, has remained unchanged since the Federal Reserve's July 2023 meeting.
Despite this anticipated stability, both consumers and investors will be keenly attentive to any hints about the Fed's future rate outlook. These clues can significantly influence economic expectations and financial decisions moving forward.
Anticipated Fed Rate Cuts: What to Expect in 2024?
The question on many minds is when the Federal Reserve will begin cutting rates. While most economists foresee rate cuts happening in 2024, they don't expect any changes at the June 12 meeting.
FactSet reports that approximately 90% of economists predict the Fed will also maintain steady rates at its July 31 meeting. The earliest potential for a rate cut could come at the September 18 meeting, with about half of the economists anticipating the first cut of the year at that time.
Despite these predictions, few economists believe the Fed will raise rates further, largely due to the steady decline in inflation from its peak of 9.1% in June 2022. As of April, consumer prices were increasing at an annual rate of 3.4%. The Fed's preferred inflation measure, the Personal Consumption Index, was up 2.7% from the previous year in April, reinforcing expectations of stable or lower rates moving forward.
Please monitor the makrets carefully!🎯

#fedinterest #BTC #newsdaily #Crypto_Jobs🎯 #CryptoNews🚀🔥

Massive withdrawal and panic among OKX users 💰
OKX, the third-largest cryptocurrency exchange, has seen substantial capital withdrawals due to recent rumors of security vulnerabilities. DefiLlama reports that users have pulled out around $204 million in the last 24 hours and $633 million over the past week, amounting to a concerning total of $837 million. Meanwhile, #Binance recorded a net inflow of $1.364 billion over the last seven days.
The significant withdrawals commenced subsequent to reports indicating that two users' accounts had been compromised in an alleged SIM swap attack over the weekend. The perpetrators managed to gain access to both accounts, although the precise amount misappropriated has not been disclosed.
Recent wave of hacks and questions about the platform's security! 👨‍💻
Other hacks and security breaches have also been reported recently, including the use of artificial intelligence and the creation of fake videos! OKx is currently trying to solve the problem and is investigating the circumstances surrounding these events!
OXK is giving utmost priority to the investigation of the misappropriated funds and was diligently working to ascertain the fundamental cause of the security breaches.

Is the OKX safety system faulty?🌐
The platform’s security system appears to be compromised. On June 10th, a group of cryptographic security aficionados, known as Dilation Effect (DE), announced on X that they had identified a vulnerability in OKX’s authentication system, which enabled the perpetrators to gain access to the platform. With no time limit on withdrawals, crypto-currencies can be withdrawn from compromised accounts!
This event raises a lot of questions in the crypto community!👀
-Are other Crypto exchanges in the same situation? Are users and data really secure?
-Will they have to reimburse all losses to users in the event of proven malicious acts? What will the consequences be?
-Can funds be recovered?
-What impact will this major event have on the #crypto markets?
-Will OKX retain its position as 3rd biggest exchange and bounce back?

#DYOR #OKX #Alert🔴 $BTC