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Cost: $0
Potential: $5,000
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- The Federal Reserve has lowered interest rates by 0.5%.
- Market participants have mixed views on whether this larger-than-usual rate cut is good news.
It has finally happened: interest rates in the United States are declining.
Federal Reserve Chairman Jerome Powell announced on Wednesday that the nation's central bank will lower interest rates by 0.5%, putting them in the range of 4.75% to 5%.
Bitcoin rose 0.5 percentage points, reaching $60,500, while other major crypto assets such as Ethereum and Solana remained stable.
High interest rates make the cost of borrowing money higher and encourage investors to purchase risk-free government bonds to earn.

What does the Fed’s 0.5% rate cut mean for crypto assets?

Tencent News "Telescope", author: Ji Zhenyu
On September 18th, US time, the Federal Reserve announced a 50-basis-point rate cut at its closely watched September policy meeting, lowering the target range for the federal funds rate from 5.25%-5.5% to 4.75%-5%.
Federal Reserve Chairman Powell stated at the press conference that day that this is the beginning of a series of rate cuts. His remarks clearly announced that the Federal Reserve is officially ending the monetary tightening cycle that began in 2021 and entering a new cycle of monetary easing policy.
This magnitude significantly exceeded market expectations, and also increased market expectations for future economic...

The Federal Reserve cut interest rates by 50 basis points. Market participants: Powell's words and deeds are inconsistent

Source: CoinDesk
Author: CoinDesk Staff
Original Title: Arthur Hayes: 'If They Go 50, That Will Be a Nuclear Catastrophe for Financial Markets'
Translator: Bitpush News Shawn
-------------------------------------------------------

Arthur Hayes, the former CEO of BitMEX, believes that if the US Federal Reserve raises interest rates by 50 basis points, it will be a "nuclear catastrophe" for financial markets.

In a recent interview, Hayes stated that the Fed's aggressive monetary policy tightening could lead to a significant market crash. He warned that a 50 basis point rate hike would be "a nuclear catastrophe for financial markets."

Hayes argued that the Fed's actions are driven by political considerations rather than economic fundamentals. He believes that the central bank is under pressure to control inflation, even if it means sacrificing the stability of the financial system.

The former BitMEX CEO also expressed concerns about the potential impact of the Fed's policies on the cryptocurrency market. He suggested that the crypto industry could face significant challenges if the broader financial markets experience a severe downturn.

Arthur Hayes: The Fed's 50 basis point rate cut will trigger a "nuclear explosion" in the financial market!

Many was hating Tap To Earn and thought that there is no money here
But, now after a bunch of succesfull cases such as $NOT and $DOGS, people changed their minds
However only 1/10 TG apps brings money, that's why it's cruical to choose the most promissing ones 👇

One of such apps is a Moonbix
The project is a space fishing game with a simple tasks.
Considering that it's app that fully developed by Binance, the largest and richest CEX in crypto
Reward just can't be the less than $200/wallet
But, what about official confirmations? 👇

If we look at Binance's Telegram Mini App Terms and Conditions we can see a lot of interesting things
➬ Only users that complete KYC can pretent on any rewards
➬ The activity is in no way associated with Telegram or any social media platform (Only Binance)
This way we can conclude that it's a fully Binance project and rewards will be huge, since not so many users will pass KYC

How to start play:
➬ Head to http://t.me/Binance_Moonbix_bot/start
➬ Claim the login rewards and start playing
Note: Do not forget to complete the tasks since for them you can get a lot of extra points 

The last step is to connect your Binance account
By connecting it you can 100% avoid Sybil marks
If you still don't have Binance account, register it by visiting @binance 

Be sure to join my alpha-group for more alpha