Strong data out of the US, strong labor market, strong GDP, all better than expected;
Markets now priced almost exactly 50/50 on a 25bps June FOMC hike.
Markets now priced almost exactly 50/50 on a 25bps June FOMC hike.
Too much, the opportunity is if tomorrow the PCE prints soft, all those expectations will be rebalanced.
A lot of coins will return to their previous highs, but garbage remains garbage regardless.
Tokens with 85% to 90% supply out are likely to be attractive > juicy revenue, incentives, and treasury, which are all that coins need. Coins with a circulating supply of 10%/20% range are the most volatile (dead downside)
When prices are dipping, you'll hear silence, but when they start pumping, everyone becomes an expert (game of patience)
A lot of coins will return to their previous highs, but garbage remains garbage regardless.
Tokens with 85% to 90% supply out are likely to be attractive > juicy revenue, incentives, and treasury, which are all that coins need. Coins with a circulating supply of 10%/20% range are the most volatile (dead downside)
When prices are dipping, you'll hear silence, but when they start pumping, everyone becomes an expert (game of patience)
(re-calling)
New coins, full of hope, lacking bagholders, and with a team still not rich and incentivized to create hype.
new run new coins, People forget about the old stuff, people tend to forget about the older IPhone model when the next one comes out
New coins, full of hope, lacking bagholders, and with a team still not rich and incentivized to create hype.
new run new coins, People forget about the old stuff, people tend to forget about the older IPhone model when the next one comes out
*U.S. April Core PCE Price Index rises 4.7% YoY, exceeding estimates of 4.6%.
Slightly surpassing expectations, this outcome could lead to a profit-taking pullback on the Dollar towards the end of the week. However, the overall medium-term outlook for the USD remains bullish. Mild Bearish for crypto/Equites; Given these figures, the (FED) is likely to pursue further actions.
Inflation is not coming down as fast as the FED wants
Slightly surpassing expectations, this outcome could lead to a profit-taking pullback on the Dollar towards the end of the week. However, the overall medium-term outlook for the USD remains bullish. Mild Bearish for crypto/Equites; Given these figures, the (FED) is likely to pursue further actions.
Inflation is not coming down as fast as the FED wants
The SandBox: CEO and Lianchuang's Twitter account is hacked, do not click on the fishing link about the airdrop ($SAND NGMI)
Alpha
*U.S. April Core PCE Price Index rises 4.7% YoY, exceeding estimates of 4.6%. Slightly surpassing expectations, this outcome could lead to a profit-taking pullback on the Dollar towards the end of the week. However, the overall medium-term outlook for the…
FED'S MESTER: PCE INFLATION DATA UNDERSCORED SLOW PROGRESS ON INFLATION.
Data Independent!
Data Independent!
The White House has reached a debt limit agreement with the Republican Party [White house]
Alpha
Photo
WHITE HOUSE AND NEGOTIATORS FOR HOUSE REPUBLICANS HAVE REACHED AN AGREEMENT IN PRINCIPLE TO AVERT A DEBT DEFAULT-SOURCE FAMILIAR WITH THE SITUATION
image_2023-05-27_17-57-50.png
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$BTC ~ $27,000; 1.21% after news of a debt limit agreement..
Upcoming week with a few important events:
Project Events:
Optimism Token Unlocks on May, 31.
Optimism Mainnet Upgrade: Upgrading to the new Bedrock version on June, 06.
Humans ai Mainnet Release on June 1.
Economic events:
Initial Jobless Claims (United States, May 22, w/e, June 1).
Non-Farm Payrolls (United States, May, June 2).
Other notable updates:
Debt limit voting set for Wednesday next week.
The Hong Kong Application for the virtual asset trading platform's operating license begins from June 1.
Apple's rumored AR headset reveal on June 5.
Project Events:
Optimism Token Unlocks on May, 31.
Optimism Mainnet Upgrade: Upgrading to the new Bedrock version on June, 06.
Humans ai Mainnet Release on June 1.
Economic events:
Initial Jobless Claims (United States, May 22, w/e, June 1).
Non-Farm Payrolls (United States, May, June 2).
Other notable updates:
Debt limit voting set for Wednesday next week.
The Hong Kong Application for the virtual asset trading platform's operating license begins from June 1.
Apple's rumored AR headset reveal on June 5.
"inverse sell the news" <> (debt ceiling news)
But since the final vote is pending for Wednesday this week,
Sell the news happens when it's unexpected *FOMO kicking back inn*
But since the final vote is pending for Wednesday this week,
Sell the news happens when it's unexpected *FOMO kicking back inn*