All eyes on tomorrow's Fed Interest Rate Decision 👀
Time: 18:00 (UTC time), 2 Nov 2022

The markets expect that the rate will be raised by 0.75%, to which the markets are likely to react neutrally 〰️
If the rate is raised by 0.5% tomorrow instead of the 0.75% expected, then we will most likely see a continuation of the rally until January.
If the rate is raised by 1%, then most likely we will see a strong dump.

➡️ @Bitcoin_Insights
Forwarded from Bitcoin Insights
BREAKING: 🇬🇧 Santander U.K. has placed £1,000 limit on deposits to Bitcoin exchanges. 🤨

It may also ban transactions to exchanges altogether. 🤦🏻‍♂️

➡️ @Bitcoin_Insights
"The Satoshi strategy
My conclusion is that, if I were Craig Wright, I too wouldn’t sign it publicly until I have proven that legal ownership of bitcoin is more than just possession of a key."

The Wright strategy is the Satoshi strategy -Why doesn’t he just sign it?
2022-11-03 ZeMing-M.-Gao https://zemgao.com/the-wright-strategy-is-the-satoshi-strategy/
Forwarded from Bitcoin Insights
🇹🇷 Inflation hits 85% in #Turkey, a new 24-year high.

➡️ @Bitcoin_Insights
ficha-imie-octubre-2022.pdf
736.8 KB
✏️ ..Las capitales se encarecen un 1,8 % mensual en octubre.
Tinsa IMIE General Octubre 2022
🚨🚨 Is the G20 meeting one of the year's most important event’s?

On November 15, India's finance minister will be in charge of G20 issues, and they are ready with a Crypto framework for all G20 countries.

In this year, the FM of India 🇮🇳:

- Put in place a flat 30% tax with no loss setoff.
- Imposed Every buy and sell order a 1% TDS transaction fee.
- Started CBDC last week and called Crypto citing risks to financial stability.
- She wants to stop crypto from growing and promote CBDC & centralised government blockchains.
- To get information about tax invaders they might order a ban or impose a worldwide crypto framework on foreign exchanges.

India has the most people who own crypto in the world. India's FM is definitely going to make things hard for India and the whole industry. 📉📉

Major cryptocurrency exchanges are worried about the G20 meeting, Also CZ tweeted about it: "India's cryptocurrency taxes may kill the local crypto industry."

➡️ @Bitcoin_Insights