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⚡️ Revolut Bank, which has a customer base of more than 45 million people, plans to launch its own stablecoin. ➡️ Crypto News | Tech Updates | NFT News

🔽 The Fed could crash the market with its rate cut, Arthur Hayes said at the Token2049 conference. Joe McCann, CEO of cryptocurrency hedge fund Asymmetric, believes that if the Fed cuts the rate by 50 bps, crypto will grow, and if it cuts it by 25 bps, crypto will fall. ➡️ Crypto News | Tech Updates | NFT News

What’s the difference between technical analysis and analyzing fundamentals? Let’s get a basic understanding of these two before anyone gets rekt trying to figure them out on their own. Technical analysis is the study of graphs and charts. Traders look at them to spot tendencies and predict price movements for a given coin. A major component of technical analysis is the belief that a coin’s history could indicate its future movements. Someone wise once said, “Without the past, there is no future.”🙂 Analyzing the fundamentals, however, entail an entirely different approach to determining the strength of a project. Analysts and crypto enthusiasts who practice DYOR comb through a project’s technology, the coin’s use cases, competitors on the market, the project’s white paper, the tokenomics, and other characteristics that could be indicators of future success (or failure). The goal here is to analyze all of these aspects to see whether the project is undervalued or overvalued. Usually, traders conduct technical analysis, and long-term investors analyze the fundamentals. Moreover, combining the two approaches could help reduce risk when investing. ➡️ Crypto News | Tech Updates | NFT News

🚨 CEX.IO Resumes Operations in the UK! 🇬🇧 After a temporary pause, CEX.IO, a leading centralised exchange with over 15M users, is back in action in the UK! 🎉 🔑 Both existing and new customers can now access the platform, with 190+ digital assets available for trading. 🌍 As of October 2023, the UK accounted for 69% of CEX.IO’s total users across the European Economic Area (EEA), making it one of its key markets. ⚖️ The platform voluntarily suspended its services following the introduction of the Regime of Financial Promotions policy by regulators in October 2023, but is now fully operational. ➡️ Crypto News | Tech Updates | NFT News

💸Today is big day for market's, money printer go brrrrrrrr… 🔍 Today, all eyes are on the U.S. Federal Reserve meeting. Forecasts: 64% predict a 0.5% rate cut, 36% predict a 0.25% cut.

🕯 Market reaction could be mixed: this important event is preceded by an "euphoric rally" following local lows (SP500 and BTC). There is reason to believe that the rate cut is already fully priced in, and a "Sell the news" scenario may be ahead. 📈 Moreover, historically, such periods have often coincided with local peaks. During the last two major rate-cutting cycles, the S&P 500 lost up to 50%, though this did not happen immediately. Stay vigilant.

⚠️ Remember: Trading on such days is very risky. It’s better to reassess your portfolio’s risk profile and prepare a medium-term action plan for various scenarios. P.S. Ultimately, what Jerome Powell says will be crucial. P.S.S. Hit the 🔥 button if you find these analyses helpful! ➡️ Crypto News | Tech Updates | NFT News

Crypto speak: KYC Short for “Know Your Customer,” KYC is a verification process businesses conduct to identify their customers and clients. Most CEXs require users to complete KYC verification to identify the user and comply with regional laws, which also makes the platforms safer. The process only takes a few minutes, with the CEX requesting a photo ID and a selfie. Meanwhile, one of the biggest advantages of DEXs is the lack of KYC requirements. ➡️ Crypto News | Tech Updates | NFT News

🇸🇬 JUST IN: DBS Bank in Singapore is set to launch OTC crypto options trading for institutional clients. A major step in expanding crypto access to big investors. ➡️ Crypto News | Tech Updates | NFT News

🚀 Follow Us on X for Daily Crypto Insights! 🚀 Get more updates, analysis, and exclusive content by joining us on X! Stay informed and help us grow by being part of the conversation. ➡️ Crypto News | Tech Updates | NFT News

What are smart contracts? If you want to understand crypto better, you need to know what smart contracts are. In a nutshell, smart contracts are digital contracts with self-executing code once two participating parties meet their conditions. We’d sincerely appreciate it if you could leave us some feedback, too =) ➡️ Crypto News | Tech Updates | NFT News

🇸🇻 LATEST: President Bukele just announced that El Salvador will achieve fiscal independence starting with the 2025 budget. This means no more debt. ➡️ Crypto News | Tech Updates | NFT News