JUST IN: 🇮🇹 Italian bank, Banca Sella now offers #Bitcoin trading service on its banking platform for its 1.2 Million citizens 👀
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NEW: 🇦🇺 While others are selling, the Australian #Bitcoin ETF keeps buying the dip 💪
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Last week, digital asset investment products experienced minor inflows totalling $30m, as recent macroeconomic data implied the FED were less likely to cut interest rates by 50 basis points in September — link
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🌎 There are 8 Billion people on the planet.
One in twenty-five thousand people own one Bitcoin
Keep Stacking anon 🫡
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NEW: 🟠 Bitcoin balance on exchanges hitting an all-time low.
Supply shock incoming 🚀
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🟠In April, Goldman Sachs said their clients had 'little interest in #Bitcoin ETFs.' 👀
This week they bought $418M worth! 🚀
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JUST IN: 🟠 Donald Trump campaign announces its presidential transition team to include pro #Bitcoin CEO of Cantor Fitzgerald, Howard Lutnick 👀
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JUST IN: 🟠 Mt. Gox distributed another 33,105 #Bitcoin this week, leaving 32,371 $BTC in their trustee wallet 🚀
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Bitwise expands into Europe with acquisition of ETC Group, issuer of the largest physical Bitcoin ETP in Europe — link
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JUST IN: 🇮🇹 Italy's second oldest bank, Banca Sella, to offer Bitcoin trading to over 1.3 million customers.
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The Week Ahead: Aug
Macro:
> China loan prime rates on 20
> U.S. FOMC Minutes on 21
> BOJ Special Session on rate hike on 23
> Jerome Powell will speak at the 2024 Jackson Hole Symposium on 23 [It’s highly likely Powell will use his Jackson Hole address to declare it will soon be the ‘appropriate’ time to cut rates]
Crypto:
> Babylon Bitcoin Staking Mainnet Launch
Events:
> Web3 Summit: 19-21 [Berlin]
> Coinfest Asia: 22-23 [Bali]
> ETHTokyo: 23-26
Token Unlocks: $520M
> AVAX: $198M: 2.4%
> PIXEL: $8M: 7%
Earnings/Charts/Articles 🔻
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JUST IN: 🟠 94% of the total #Bitcoin supply has now been officially issued❗️
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Polymarket lead for Harris over Trump drops sharply from 10% to 1%: Polymarket
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NEW: 🟠 PayPal founder and billionaire Peter Thiel says #Bitcoin is so big that society didn't even know how to process it 👀
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ICYMI: 🇺🇸 $1.6 trillion Franklin Templeton files for Crypto Index ETF that will initially hold #Bitcoin 👀
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JUST IN: 🟠 The IMF proposed an 85% energy tax hike for #Bitcoin miners, citing a potential 75% rise in energy consumption❗️
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Questions raised about possible Solana ETF withdrawal after original applications disappear from databases: SummersThings
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