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🛑US equity funds saw weekly outflows of $35 billion,the largest outflow in two years🔥
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#BTC90kBreakingPoint 🔵 Based on a 20-day timeframe,Bloomberg ETF analyst Eric Balchunas believes Grayscale will launch its first DOGE ETF 🐶 within a week,on November 24. 🟢 He says,"We'll see. It won't be 100% certain until the exchange makes an announcement,but things look good based on the SEC's guidance." $DOGE
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#AltcoinETFsLaunch 🗣️Telegram founder announces a new #AI computing network powered by the $TON network. 🟢 #GPU owners will be able to leverage computing power in exchange for TON token rewards. 🟢 The network will be called #COCOON and is scheduled to launch this November.
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#WriteToEarnUpgrade 🗣️ FOMO (fear of missing out) among individual investors has made a strong comeback,potentially signaling that the Bitcoin bull run is nearing its peak. 🔸Are we entering the final phase of a market cycle? 🚀
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#WhaleWatch 📢#JamieDimon Warns of 30% 📉Market Correction 🟢 #JPMorgan Chase CEO Jamie Dimon said he is "more concerned than most" about the possibility of a US stock market correction, estimating a 30% chance compared to the market's 10% estimate.He added that this potential decline could occur within six to 24 months. 🟢 Dimon noted that rising geopolitical tensions,excessive fiscal spending,the political situation,and global rearmament are major risks.He also explained that artificial intelligence will eventually pay off,but many current investments could be wasted—similar to what happened during the dot-com bubble. 🟢 Dimon responded to claims of waning confidence in the US dollar,asserting that it "is still the best currency in the world," but advised investors to consider diversifying their portfolios. 🟢 He added that unexpected surprises — such as rising bond yields that could lead to stagflation and economic contraction — are what worry him most.
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📣 Now,the minutes of the Federal Open Market Committee meeting are out.This is the document released weeks after the Federal Reserve's meeting to clarify internal discussions on monetary policy. 📌 Here are the key points from the Federal Open Market Committee meeting minutes: 🟢 The Federal Reserve sees weakness in the labor market;that is,unemployment or a slowdown in hiring has become a concern. 🟢 Some members were uncomfortable with postponing the September rate cut, suggesting a dovish bias within the committee. 🟢 The general trend is toward further rate cuts this year to counter the slowing economy and increased risks to jobs. #FederalReserve #UnemploymentRate
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