IMPORTANT NOTE: $25,000,000 worth of $ETH shorts liquidated | Tabasum saeed on Binance Square

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IMPORTANT NOTE: $25,000,000 worth of $ETH  shorts liquidated in the past 60 minutes.
ETHUSDT
Perp
3,352
+1.02%
#CryptoIn401k 
#BinanceHODLerPROVE 
#USFedBTCReserve 

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BTCUSD (#BTC ) Quick Technical Update – August 8, 2025📉 #BTCUSDT Current price Major U.S. Crypto Development Incoming! 📰 President Trump is expected to sign an executive order today that could reshape retirement savings in America allowing BTC$BTC and crypto in 401(k) plans.

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$Forex Today: US Dollar #DXY stabilizes, #GOLD tests $3,400 The US Dollar (USD) stays resilient against its rivals early Friday, with the USD Index stabilizing slightly above 98.00. The US economic calendar will not feature any high-impact macroeconomic data releases, allowing investors to stay focused on comments from Federal Reserve (Fed) officials heading into the weekend. Later in the day, Statistics Canada will publish employment data for July. The USD Index registered small losses on Thursday as #GBPUSD rallied following the Bank of England (BoE) event, suggesting that Pound Sterling captured capital outflows out of the USD. The BoE announced that it lowered the policy rate by 25 basis points (bps), as expected, after the August meeting. Policymakers voted 5-4 in favor of the rate cut after the second round of voting, while markets were expecting only two officials to vote for a hold. In the post-meeting press conference, BoE Governor Andrew Bailey said that it is important that they do not cut the policy rate too quickly or too much. GBP/USD rose more than 0.6% on Thursday and reached its highest level since July 28 above 1.3400. Early Friday, the pair consolidates its weekly gains and trades slightly below 1.3450. In the meantime, citing unnamed sources, Bloomberg reported late Thursday that Fed Governor Christopher Waller, who dissented at the July meeting by voting for a 25 bps rate cut, is the front-running candidate to replace Fed Chairman Jerome Powell. According to the report, US President Donald Trump is planning to make the announcement by the end of the summer. After fluctuating in a relatively tight channel in the first half of the week, Gold gathered bullish momentum and rose 0.8% on Thursday. XAU/USD holds its ground in the European session on Friday and trades slightly above $3,400.

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