**European Region Annual Inflation Rate Update:**
- Current Rate: 2.6%
- Expected Rate: 2.6%
- Previous Rate: 2.5%

**#BTC $BTC **
$BTC

When a market asset shows signs of vulnerability, it often attracts widespread interest. A recent significant transfer of Bitcoin to Binance might signal notable upcoming market shifts. Just an hour ago, a major holder moved 394 BTC, which was acquired two weeks earlier, to Binance.

On August 17, on-chain data revealed that an address beginning with bc1q5 deposited 414.123 BTC to Binance. This Bitcoin was purchased at an average price of $52,828, potentially allowing for a profit of $1.95 million upon sale. The address still retains a considerable 6,291 BTC, worth about $361 million. This accumulation over the last 13 months, primarily from major trading platforms, suggests a possible connection to a significant institutional investor. The market is now closely watching for the next move.

Have you voted for me yet? Cast your vote on my profile; your support is greatly appreciated. Encourage your friends to vote as well. #Write2Earn! #BTC #BinanceTurns7
$BTC

Here are four notable altcoins of the day, showcasing impressive gains:

1. **SuperRare (RARE)**: The NFT marketplace SuperRare, built on the Ethereum blockchain, saw the highest surge among altcoins, with RARE soaring by 80% in the past 24 hours.

2. **Tribe (TRIBE)**: Tribe, the governance token for the Fei Protocol, a decentralized stablecoin issuer, experienced a 46% increase in its value over the last day.

3. **Synapse (SYN)**: Synapse, a protocol facilitating interchain communication, was the third top performer, with SYN climbing by 45% within the last 24 hours.

4. **Banana Gun (BANANA)**: Banana Gun, a Telegram-based trading bot, kicked off the weekend with a notable 31% rise in the past day.
$RARE $SYN $BANANA

Be patient.

Entering the crypto market usually means you want to profit, but many are approaching it incorrectly. I’m confident that around 80% of investors will lose money during this bull market.

Too many people dive into cryptocurrencies just because they’ve heard of them, buying at peak prices and then wondering what to do with their $SHIB when things go south.

Here’s the blunt truth: your investment choices are your own responsibility. Stop seeking validation from others and start making informed decisions.

If you choose to invest poorly, that’s on you—don’t expect those who offer sound advice to feel responsible. Here's a step-by-step guide to help:

1. Look for lesser-known cryptocurrencies listed on Binance.
2. Review their charts. Avoid those with recent surges (e.g., +300%). If the coin has been stable, consider investing no more than 10% of your portfolio.
3. Set sell orders when the cryptocurrency has increased by 200%. For instance, if you buy at $1, set your sell order at $3.

The crucial part is to wait. It’s that straightforward. However, many won’t adhere to this strategy because they’re tempted by quick profits, which often leads to losses.

Follow these steps and your odds of success will improve—provided you can be patient.
$BNB

Three hours ago, a major transaction occurred on the Ethereum network when a whale address transferred 1.297 million $ETHFI tokens to Binance. This address had previously received 11.3 million ETHFI tokens five months prior and has recently moved a substantial portion to the exchange. Currently, the whale retains a significant balance of 6.035 million ETHFI, indicating a strategic approach to asset management. This move has generated interest within the community, underscoring the influence of large holders on market dynamics. The transaction highlights the potential impact of whale activity on liquidity and price volatility for tokens like $ETHFI .
$ETHFI

The Bitcoin ETF experienced notable outflows, totaling $81 million in losses, whereas Ethereum ETFs saw a rise in popularity with growing inflows. This trend underscores a shift in investor sentiment, with capital moving from Bitcoin to Ethereum in the dynamic cryptocurrency market.

💥 BINANCE WILL BAN YOU
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Elon Musk suggests that blockchain technology could assist Donald Trump in boosting government efficiency. Musk envisions that by utilizing decentralized systems, it would be possible to streamline operations, cut down on bureaucracy, and enhance transparency in governmental procedures.

On Tuesday, BlackRock's Bitcoin and Ethereum funds led the way, capturing the majority of ETF inflows as investors increased their investments in cryptocurrency assets. This uptick highlights the rising institutional interest in Bitcoin and Ethereum, reinforcing their position in the market.

📢 The US Consumer Price Index (CPI) is scheduled for release today at 15:30.
🧙‍♂️ Forecast: 3.0%
🧙‍♂️ Prior: 3.0%
📢 Goldman Sachs disclosed that its spot Bitcoin ETF assets totaled $418 million as of June 30.
📢 Goldman Sachs reported $418 million in spot Bitcoin ETF assets as of June 30.

**Federal Reserve Rate Cut Expected as Inflation Eases and Job Market Slows**

Recent data from the Consumer Price Index (CPI), released on Wednesday, indicates a moderation in inflation, though it still exceeds the Federal Reserve’s 2% target. Coupled with noticeable softening in the job market, the likelihood of a Federal Reserve rate cut in September has surged to almost 95%.

The CPI report for June revealed a greater-than-expected cooling in prices, which has bolstered market expectations for a possible reduction in interest rates this year. Despite the stronger-than-anticipated Producer Price Index (PPI) figures released on Friday, confidence remains high. CME’s Fed Watch tool now shows a nearly 95% chance of a September rate cut.

The Federal Reserve, focused on achieving price stability and full employment, may opt to ease monetary policy if the job market continues to weaken while inflation remains above the 2% target. The June CPI data reflected a 3% annual inflation rate, and the unemployment rate had risen to 4.1% in June, up from 3.8% in March. John Leer from Morning Consult noted that although the labor market is cooling, it is still robust by historical standards, making the Fed's potential achievement of a "soft landing" a challenging but significant goal.

Fed Chair Jerome Powell acknowledged the slowing job market during his Capitol Hill testimony, mentioning that it no longer exerts significant inflationary pressure. Fitch Ratings’ Olu Sonola proposed that the Fed might act sooner on rate cuts due to the balanced risks between rising unemployment and inflation. Conversely, Markus Thielen from 10x Research warned that rate cuts may not be as beneficial for markets as anticipated, suggesting that investors might shift away from riskier assets, such as cryptocurrencies, towards safer investments.

💥 US Annual CPI Report:
• Announced: 2.9%
• Previous: 3.0%
• Expected: 3.0%

💥 US Monthly CPI Report:
• Announced: 0.2%
• Previous: 0.1%
• Expected: 0.2%

🇺🇸 The annual inflation rate for the US in July was 2.9%.
$BTC

The Economist's editorial predicts an unavoidable recession in 2024 and raises concerns about the United States' readiness for it. With economic signals suggesting a downturn, the country confronts significant challenges—are we prepared to tackle the upcoming economic crisis?

**Happy Independence Day, Pakistan!**

Pakistan Zindabad 🇵🇰

Dear fellow Pakistanis, let’s advance in the world of crypto with small, steady steps, and remember to perform our prayers regularly. InshaAllah, success will follow.

**Removal of Margin Trading Pairs**

*Date: 2024-08-14 09:00*

*Please be aware: This notice is for informational purposes only and may not apply to users in regions where these products and services are not offered.*

Dear Binance Users,

We would like to inform you that Binance Margin will be removing the following margin trading pairs on 2024-08-22 at 06:00 (UTC):

- Cross Margin Pairs: $BICO /BTC, $DAR /BTC

Starting on 2024-08-19 at 06:00 (UTC), borrowing on isolated margin for these pairs will be suspended. On 2024-08-22 at 06:00 (UTC), Binance Margin will automatically close all open positions, settle all accounts, and cancel any outstanding orders for the aforementioned cross and isolated margin pairs. After these procedures, the pairs will no longer be available on the Margin platform.

You can continue to trade these assets through other available pairs on Binance Margin. Please review your positions and take any required actions before the specified deadlines.

#Write2Earn! #MarketDownturn #BinanceLaunchpoolTON #CryptoMarketMoves

In less than two weeks, 20 cryptocurrency startups have raised a substantial $141.3 million in total funding. This swift surge of investment underscores the increasing enthusiasm and trust in the crypto sector, fueling innovation and growth within the industry.

🚀💰 Maximize Profits with USDT! 💰🚀

Want to expertly manage market volatility? Holding USDT might be your key to success. Here's why:

1. **Market Declines:** During downturns, USDT acts as a safe haven for preserving value.
2. **Increased Demand:** A rise in interest often boosts USDT’s value, offering a great chance for strategic holders.
3. **Market Stability:** Unlike other assets that fluctuate, USDT remains stable due to its fixed value.
4. **USD Strength:** With USDT tied to the US Dollar, any USD appreciation can potentially increase your returns.

Make the most of USDT's stability to navigate market shifts effectively. Keep up with the latest insights and trading tips on Binance! 🌟📈💵

#CryptoMarketMoves #BlackRockETHOptions #Babylon_Mainnet_Launch #BinanceHODLerBANANA #Write2Earn!

The crypto community is left disappointed as neither Donald Trump nor Elon Musk addressed cryptocurrency topics in their recent interview. Former President Trump, who is now a Republican presidential candidate, participated in an interview with Musk on the X Space platform, which was delayed due to what Musk claimed was a DDOS attack. Initially, the broadcast was accessible to only a limited audience, but it eventually attracted over 16 million listeners.

Despite the high profile of both Trump and Musk, no discussion on crypto or Bitcoin occurred during the interview. Although Trump had previously made comments about cryptocurrencies on Polymarket, a platform for crypto-based betting and predictions, no specific mentions of Bitcoin or Tesla were made during the conversation. Trump's silence on these topics, especially given his past support for Bitcoin mining companies, surprised many in the crypto world.

This situation mirrors a recent interview given by El Salvador's President Nayib Bukele, where Bitcoin was also not mentioned. Musk expressed interest in another Space broadcast with Kamala Harris in the future.

Bitcoin reserves on exchanges have dropped to their lowest point in five years, with $5.96 billion in Bitcoin being withdrawn over the past month. This notable reduction indicates increasing apprehensions and a trend among investors towards long-term holding approaches.
$BTC

The release of CPI data on Monday is anticipated to be a major event that could influence market trends for August. Previously, the CPI was recorded at 3%. With the Federal Reserve potentially gearing up for a rate cut, expectations are that the new CPI figure might be slightly lower, ranging from 2.8% to 2.9%. However, there is also a possibility it could come in slightly higher, between 3.1% and 3.2%, though it is unlikely to deviate significantly from these ranges. This variability gives the Fed room to either proceed with or modify its strategy.

If the CPI exceeds 3.5%, the probability of a rate cut would diminish, affecting market sentiment negatively. On the other hand, if the CPI falls below 2.5%, a rate cut would become almost certain, which might not align with the Fed’s preferences. Such nuances are likely to contribute to market volatility.

In addition to this, Warren Buffett’s recent $60 billion sale of Apple shares and his subtle shift towards oil stocks suggests a strategic adjustment rather than a market exit. While the U.S. stock market maintains its upward trend, the focus is shifting rather than retreating. Looking toward the end of the year, we may see gold and oil reaching new highs as a way to manage the dollar's strength. Despite the market's current robustness, the strategy remains cautious, aiming to keep retail investors on edge and possibly prompt panic selling at lower prices. The outlook is cautiously optimistic, but the path ahead is expected to be complex.

#cpi #Write2Earn! #MarketDownturn #TONonBinance