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Federal Reserve Plans to Raise Interest Rates Once More This Year

by admin | Mar 30, 2023 | Crypto Blog

Republican Congressman Kevin Hearn has announced that the Federal Reserve will raise interest rates one more time this year. Hearn made the statement after a closed-door meeting with Federal Reserve Chairman Jerome Powell on March 29, 2023. Powell emphasized that Congress will decide whether to raise the federal deposit insurance limit to ensure that America's individuals and businesses feel their money is safe. The US Open Market Committee (FOMC) dot plot released on March 23, 2023, predicted the year-end interest rate to be 5.1%, with 10 out of 18 FOMC members forecasting the rate to be at 5.00-5.25%.

Get Bitget Referral Code

by admin | Mar 29, 2023 | Referral Code

On March 29, 2023, Bitget exchange was ranked sixth in CoinMarketCap's daily futures trading volume. While I introduced Bybit as the second-ranked exchange and OKX as the third-ranked exchange in a previous blog post, today I would like to share Bitget's referral code that offers a 50% discount on fees.

Here is the link for partners to offer a 50% discount on fees for Bitget:

https://partner.bitget.com/bg/90XAT5

By clicking on the image, you will be taken to the Bitget referral code registration page that offers a 50% discount on fees.

When you click the link, you will see the screen shown above with the Referral Code section where you should write "t468". You can sign up using any convenient method, such as email or phone number, and if you previously signed up without a fee discount, you can still enjoy the 50% fee discount by signing up with a different method (for example, if you signed up with an email address before, you can now sign up with a phone number). If you want to sign up directly in the Bitget app rather than on the web or mobile web, simply write "t468" in the Referral Code section.

OKX Referral Code: Get 20% Fee Discount

by admin | Mar 28, 2023 | Referral Code

In November 2022, OKX exchange started after the Bank Run of FTX. Today, we are posting an OKX referral code for a 20% fee discount.

OKX exchange is a massive exchange, ranked third after Binance and Bybit in terms of Derivatives trading standards.

If you sign up for OKX exchange through the link below, you can receive a 20% fee discount. Although sometimes advertised as a 50% discount, it is often only 20% in reality. The link below is a safe and stable 20% discount link with no fluctuations. If you sign up through the App, simply enter the referral code 64912533.

https://www.okx.com/join/64912533

Furthermore, if you sign up with the referral code 64912533, you can directly recruit referrals. As a result, you can receive a rebate of 20% of the direct referral's trading fee. Therefore, we recommend recruiting referrals directly to receive the benefits.

Bybit registration, KYC certification, 20% fee discount

by admin | Mar 23, 2023 | Referral Code

Before using the Bybit exchange, we introduce a way to get a 20% fee discount for membership registration, KYC certification through Travel Rule application, and most importantly, how to manage account security.

First, through the link below, you can get a 20% discount when you sign up for Bybit membership. Although it says 20% discount for 90 days, you don't have to worry about the 90-day condition because the author keeps updating the referral conditions.

https://partner.bybit.com/b/diddy09

If you click on the link on your mobile or PC, the membership registration page will appear.

If it's an app, you can enter 19670 as the referral code.

If we explain it based on mobile, the page shown above will appear, and you can sign up for membership in the way that is easiest for you, either via email or phone number.

Bybit Exchange KYC Certification Method

After signing up, install the Bybit app from the Google Play Store or App Store and log in. Once you log in, click on the icon in the upper left corner to go to My Page.

You need to complete your KYC certification first to trade smoothly and be able to deposit and withdraw coins. You don't need to do it until Lv2, and Lv1 is sufficient.

I have already completed Lv.1 and it is active, but if you haven't done KYC yet, there will be a button that says 'Verify Now.'

When you click the button:

Select your country of residence
Choose between Passport/ID Card/Driver License and take a photo of your ID
After taking a photo of your ID, press the Selfie button and take a photo of yourself with your face inside the circle.

This completes the KYC certification. If the ID is well captured without any reflection, and your face is well taken, KYC certification will be completed in about 5-10 minutes without any problems.

Bybit Exchange Security Management Method

Although it may be easy to weaken the security level because it is a hassle to open and close the smartphone, we should put the security in place as our coins and our money are precious. First, click on Security on My Page, and various security methods will appear. I have set up Google OTP, pattern lock, and fingerprint lock. When you press pattern, you set the pattern twice, and you register your own fingerprint for fingerprint as well.

For Google OTP, you can find the Google OTP app in the Play Store (App Store) as shown in the left photo. After installing it, press the + button and press the setting key input, then enter the Bybit setting key. Although it may be a little inconvenient, it is recommended to set up this Google OTP because it is essential.

In summary, to get a fee discount, you must sign up for membership through the link below. We have briefly introduced the Bybit registration method, KYC certification, and security management methods.

https://partner.bybit.com/b/diddy09

If it's an app, you can enter 19670 as the referral code.

March 2023 FOMC Interest Rate Announcement Schedule.

by admin | Mar 20, 2023 | Crypto Blog

Every month, various important indicators are announced, but the most important one is the FOMC schedule and the corresponding announcement of the benchmark interest rate by the United States!

This week, there is the March FOMC schedule.

To explain why this week's US interest rate announcement is important,

The current benchmark interest rate of the US central bank is 4.75%. In February, the mood was good after a surprise 0.25% increase, but with the high February CPI, they poured cold water on the situation. Therefore, although it was dominant that the March FOMC interest rate announcement would also be a 0.25% baby step, as various economic indicators were announced, predictions that it would be a 0.5% big step increase were rampant.

However, there were critical opinions about whether the aggressive rate announcements by FOMC Federal Reserve members and Powell were appropriate, given the decrease in trust of US banks following the SVB bankruptcy in early March. Some opinions also emerged that the US government would freeze interest rates in March, as they were wary of the situation.
It's either 0% or a 0.5% increase..there's no middle ground.

It's like coins or stocks, they either go up or down! This kind of feeling?

Anyway, this important FOMC schedule will take place over two days from March 21st to 22nd, 2023, according to US standards.
The most important interest rate announcement time is Wednesday, March 22nd, 2023, at 2 pm US time. It's one hour earlier than last month due to daylight saving time.

The US CPI consumer price index chart shows a shape that is going down, opposite to the interest rate hike chart. It hit a low of 6% in March 2023.

It seems that this gradual decrease is giving power to the opinions of Powell and his colleagues, but in this difficult time after the pandemic and with the aftermath of the Ukraine-Russia war, a high interest rate seems to have more power to worsen the economy rather than reduce inflation, in my personal opinion.

How to apply Huobi Referral Code?

Huobi Global exchange is one of the best cryptocurrency exchanges in the world. Use Huobi Referral code hvxi7223 for Signup and become a part of this program where you can earn 5672$ and a 50% commission from the trading fee in this referral program.

Referral Code	hvxi7223
Bonus	5672$ + 50%
Requirements	New user

Registration link https://www.huobi.com/en-us/v/register/double-invite/?invite_code=hvxi7223

Get 50% off Huobi

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