search
Homeweb3.0Crypto Forces to Study Ahead of the Anticipated Economic Shift in the United States

Crypto Forces to Study Ahead of the Anticipated Economic Shift in the United States

Sep 05, 2024 pm 06:18 PM
Crypto Market Bloodbath Fourth Quarter Market Shift

It's no secret crypto continues being driven by hype & fear. Our latest insight explores the popular narratives over the past month (like Durov's arrest, memecoin hype & letdowns, and BTC mining discussions) continue playing a crucial role.

Crypto Forces to Study Ahead of the Anticipated Economic Shift in the United States

The crypto sector has shifted from bearish to bullish over the past few weeks, and several narratives orchestrated through different social media platforms have been driving these changes.

As a crypto investor, it is important to study the social narrative to understand why the market is shifting and avoid being left out.

Throughout the changing crypto narratives, experts have concluded that market prices move in the opposite direction of crowd sentiment and expectations.

Different narratives have emerged as top movers ahead of the anticipated economic shift in the United States, triggered by the Fed’s possible interest rate cuts on September 18.

Crypto Forces to Study Ahead

It’s no secret crypto continues being driven by hype & fear. Our latest insight explores the popular narratives over the past month (like Durov's arrest, memecoin hype & letdowns, and BTC mining discussions) continue playing a crucial role.

Legal Issues

As the crypto industry goes mainstream, fueled by institutional investors, governments around the world have been moving towards regulating the web3 sector.

In the largest economy, the United States, the crypto regulatory landscape has significantly improved in the past few years, but more is expected to shift amid the upcoming general elections.

However, the current administration has continued to crack down on crypto-related businesses, including banks offering services to web3 startups and users.

For instance, the U.S. Federal Reserve has issued a cease-and-desist order to crypto-friendly United Texas Bank, citing major deficiencies in its risk management and compliance with anti-money laundering laws.

Memecoin Hype

The meme coin sector remains an integral component of the crypto industry, especially in onboarding new users to the Web3 space.

Experts believe another meme coin season, similar to the one experienced earlier this year, will take place after the Bitcoin price rallies to a new all-time high.

Already, venture capitalists have accelerated their investment into meme coins on different chains led by Ethereum, Tron, Solana, and BSC.

Whales Market Manipulation

Due to their impact, the study of whales’ on-chain behavior remains a top signal in the crypto price action.

The ongoing sell-offs by the US spot Bitcoin and Ether ETFs amid rising stablecoins supply can be interpreted as a bullish move in the mid-term.

Furthermore, the supply of Bitcoin and Ethereum on centralized exchanges is at multi-year lows, suggesting whales have silently been accumulating.

The above is the detailed content of Crypto Forces to Study Ahead of the Anticipated Economic Shift in the United States. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Tether's Gold-Backed Crypto XAUT Hits Record High Amid Investor SurgeTether's Gold-Backed Crypto XAUT Hits Record High Amid Investor SurgeApr 29, 2025 am 11:26 AM

Tether's gold-backed token, XAUT, has released its first official attestation, confirming it is backed by over 246500 ounces of gold

Sens. Adam Schiff and Elizabeth Warren Demand Investigation into Trump's Meme Coin DinnerSens. Adam Schiff and Elizabeth Warren Demand Investigation into Trump's Meme Coin DinnerApr 29, 2025 am 11:24 AM

Sens. Adam Schiff (D-CA) and Elizabeth Warren (D-MA) said the dinner proved Trump may be engaging in “pay-to-play corruption.”

BlockDAG (BDAG) Raises Over $219.5M, Prepares for ETHPanama and Events in SingaporeBlockDAG (BDAG) Raises Over $219.5M, Prepares for ETHPanama and Events in SingaporeApr 29, 2025 am 11:22 AM

Crypto discussions are heating up again with Dogecoin (DOGE), Binance Coin (BNB), and BlockDAG (BDAG) taking different paths. The DOGE price is stuck just under $0.17

MANTRA Burns 150 Million OM Tokens to Boost StabilityMANTRA Burns 150 Million OM Tokens to Boost StabilityApr 29, 2025 am 11:20 AM

After facing a tough month with a 90% price dip, MANTRA has moved to stabilize its economy by initiating a major token burn.

Meme Coin FloppyPepe (FPPE) Could See a Jaw-Dropping 7,400% SurgeMeme Coin FloppyPepe (FPPE) Could See a Jaw-Dropping 7,400% SurgeApr 29, 2025 am 11:18 AM

In the ever-changing world of cryptocurrency, investors are constantly on the lookout for the next big opportunity. While XRP has long been a favorite

title: Tether Reveals It Holds $770M in Gold Bullion Backing Its XAUT Stablecointitle: Tether Reveals It Holds $770M in Gold Bullion Backing Its XAUT StablecoinApr 29, 2025 am 11:16 AM

Tether, the company behind several leading cryptocurrency stablecoins, including USDT, announced Wednesday that it holds $770 million in physical gold bullion reserves backing its Tether Gold (XAUT) stablecoin.

Baby BoomersBaby BoomersApr 29, 2025 am 11:14 AM

se Launches Bitcoin Yield Fund (CBYF) Targeting Baby Boomers

Three very different projects are making headlines, but only one is rewriting the rules of how Web3 should work.Three very different projects are making headlines, but only one is rewriting the rules of how Web3 should work.Apr 29, 2025 am 11:12 AM

Toncoin gained 4% after Telegram founder Pavel Durov's return and a $400 million funding wave for TON's ecosystem.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

WebStorm Mac version

WebStorm Mac version

Useful JavaScript development tools

SAP NetWeaver Server Adapter for Eclipse

SAP NetWeaver Server Adapter for Eclipse

Integrate Eclipse with SAP NetWeaver application server.

Safe Exam Browser

Safe Exam Browser

Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.

mPDF

mPDF

mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),