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KP361
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FED CHAIR POWELL SAID #
BITCOIN
AND CRYPTO HAS NOW MATURED AND BECOME MAINSTREAM.
WHAT A TIME TO BE ALIVE!!
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Growing expectations of further US Federal Reserve (Fed) rate cuts next year could boost the Gold price. Gold price pulls back from all-time high in Wednesday’s early European session. The stronger-than-expected US GDP report and profit-taking weigh on the Gold price. Fed rate cut bets and safe-haven flows might cap the downside for XAU/USD.
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SEC Chair Paul Atkins says crypto market Structure legislation will soon pass in Congress. This will drop market manipulation by 70%-80%.
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SEC Chair says the crypto market structure bill is READY TO PASS! Trillions of Liquidity about to Enter the Market. DO YOU UNDERSTAND WHAT HAPPENS NEXT?!!!
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According to James, Head of Ecosystem at The Ethereum Foundation, While Most Stablecoin Transactions on Ethereum Are P2P (peer-to-peer) In Terms of Number (67%), Only 24% Of The Total Transaction Volume Comes From P2P Transactions. Over The Past 12 Months, The P2B (peer-to-business) Category Has Grown The Fastest on Ethereum, At a Rate Of 167%. Currently, Consumer-To-Business Payments Have Become The Fastest-Growing Segment in Stablecoin Usage on Ethereum.
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THE SEC CHAIR JUST CONFIRMED THE NEW #BITCOIN & CRYPTO MARKET STRUCTURE BILL IS READY TO PASS. REGULATORY CLARITY IS HERE. INSTITUTIONAL FLOWS ARE COMING. TRILLIONS IN LIQUIDITY LOADING..
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