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EllySon85
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Only 15 days left for the biggest thing to happen.
If we can learn from the past
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Why do I need to have crypto to use Web3? To use Web3, you’ll often need cryptocurrency. This is because many Web3 apps and platforms run on blockchains, which use crypto tokens for transactions, paying fees, and voting on changes. Cryptocurrencies are like the money of these decentralized networks, allowing you to make peer-to-peer transactions, use smart contracts, and cover “gas fees” (small charges for processing transactions). Crypto tokens also let users participate in decision-making for the platforms they use, helping shape how they grow. Overall, cryptocurrency is what makes Web3 work, giving you control over your assets, data, and interactions without relying on middlemen.
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#Kpr3 to be delisted from binance
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$PEPE the signals show potential in the future .
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Bitcoin maintains the leading market activity in the broader digital cryptocurrency ecosystem. In the past few days, Bitcoin has witnessed a relatively stable price surge. With this latest trend, the price of Bitcoin is now just about 8% from its all-time high (ATH) of $73,500, attained in March this year. As the market witnesses this frenzy, Bitcoin whales are snapping up a huge chunk of the digital currency. Advertisement Bitcoin whale accumulation hits record highQuinten Francois, a crypto analyst, shared insight into whales' activities in the past few days in a post on X. Francois' chart shows that Bitcoin whales accumulated about 60,000 BTC within 24 hours, representing a rare level in Bitcoin's history. "Never in the history of Bitcoin have whales been buying BTC this aggressive," Francois wrote. Related Fri, 10/18/2024 - 09:52 $1 Million Bitcoin Surprise Epic Statement Made by Samson Mow Yuri Molchan This highlights that the current accumulation of Bitcoin by whales has surpassed records previously set on the market. Experts say this kind of purchase by these large holders signals renewed confidence in Bitcoin's future price appreciation. Notably, whales go on a "shopping spree" for an asset when there are indications of positive price movement or an advantage to gain. This could result from an expected positive event. such as the likelihood of the price hitting a new level.Are Bitcoin whales playing long game? Overall, the whales' activities highlight the broader interest of investors, including institutional players. Recently, BlackRock's iShares Bitcoin Trust (IBIT) raked in $760 million of Bitcoin inflows within three days.Notably, many traditional investors are beginning to embrace digital assets through exchange-traded funds (ETFs), which have helped boost the number of whales on the market. Related Fri, 10/18/2024 - 09:15 Apple Should Buy $100 Billion of Bitcoin, MicroStrategy's Saylor Says Alex Dovbnya Since BTC whales usually have market insights beyond retail investors, some experts consider their accumulation strategic.
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US CPI fell to 2.4% in September U.S. inflation fell to 2.4% in September, down from a year-on-year increase of 2.5% in August but higher than economists' expectations of 2.3%. The Fed is considering another rate cut at its next meeting in November. The latest CPI report marks the sixth consecutive month of decline in annual headline inflation. After the data was released, traders increased their bets on a 25 basis point rate cut by the Federal Reserve in November. Analysts said that the monthly rate of headline inflation in the United States in September was also one-tenth of a percentage point higher at 0.2%, which increased the case for a 25 basis point rate cut next month. Institutional comments on the Fed's September inflation said that the U.S. CP| rose slightly higher than expected in September, but the annual rate of inflation was the smallest in more than three and a half years, which may lead the Fed to continue to cut interest rates next month. The CPI rose 2.4% in September, the smallest year-over-year increase since February 2021, and compared with a 2.5% increase in August.
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