FYI: 🟠 The 20th million bitcoin will be mined in 2026.
None of us will live to see the 21st million.
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REMINDER: 🟠 Regardless if Donald Trump or Kamala Harris wins the presidential election, Bitcoin is going to $1,000,000 🚀
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JUST IN: 🟠 $270 billion asset manager founder Ric Edelman says "Bitcoin will be $420,000" by 2030 🚀
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According to DLNews, a survey by the Financial Industry Regulatory Authority of the United States shows that 55% of American Generation Z prefer to invest in cryptocurrencies, believe that digital banking platforms are clumsy and opaque, and prefer to manage their finances on the chain. Generation Z refers to the generation born between 1997 and 2012 and now aged 12-27. — link
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QCP: Options market saw a sudden revival of ETH interest. With over 20k contracts being bought targeting 3k levels by 27-Dec. Despite some short term uncertainty, and potential drawdowns. We still favour locking in yields ahead of the rates cut and positioning for bullish scenarios. — link
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On September 13, the total net inflow of Bitcoin spot ETFs was $263 million. Grayscale ETF GBTC inflow was $6.6639 million, Fidelity ETF FBTC inflow was $102 million, and ARKB inflow was $99.2741 million. — link
On September 13, the total net inflow of Ethereum spot ETFs was $1.5228 million.
Grayscale ETF ETHE had an outflow of $7.3609 million, Bitwise ETF ETHW had an inflow of $5.2138 million, and BlackRock ETF ETHA had an inflow of $3.6699 million. — link
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Stand With Crypto, a political advocacy organization led by Coinbase, has launched a legal defense fund for NFT projects. The fund, called the Creator Legal Defense Fund, is $6 million and is supported by a16z and OpenSea. Last month, OpenSea received a Wells notice from the U.S. SEC. — link
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🎙 Reddit founder says things like Bitcoin “are an opportunity for us to have a store value that is not backed by a single country.” 🔥
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Twelve Defendants Sentenced for Violent Home Invasion Robberies to Steal Cryptocurrency: USDOJ
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Ethereum Foundation researcher Danny Ryan steps down after seven years, citing personal reasons and desire for new opportunities. - The Block
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JPMorgan Sees 50bps Easing by Fed Next Week.
Cit Sees 25bps Easing by Fed Next Week.
Goldman Sachs Sees 25bps Easing by Fed Next Week.
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»*SAM BANKMAN-FRIED FILES APPEAL TO OVERTURN FRAUD CONVICTION:NYT: Bloomberg
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🟠 The average quarterly return for Q4 in Bitcoin halving years (2012, 2016, and 2020) is ~108% 📈
Q4 2024 starts in 16 days... LFG
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US spot Bitcoin ETFs record $263M inflows in largest single-day increase since July, led by Fidelity's FBTC amid Bitcoin's surge above $60,000. - Cryptonews
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Weekly Project Updates: Linea Co-Founder Resigns, FriendTech Relinquishes Smart Contract Control, Binance Unveils New Launchpool Project: HMSTR、CATI, etc — link
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Circle announced that it will move Global HQ to New York City, building out a flagship space on one of the top floors of 1 World Trade Center. It said that while many people complain that the United States is hostile to industry, it still believes that we are at a turning point and that the United States is about to become a decisive leader. — link
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QCP: Options market saw a sudden revival of ETH interest. With over 20k contracts being bought targeting 3k levels by 27-Dec. Despite some short term uncertainty, and potential drawdowns. We still favour locking in yields ahead of the rates cut and positioning for bullish scenarios. — link
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Bitdeer (NASDAQ: BTDR) has announced an upcoming auction on its official website for used miners. The auction will feature 2,880 used Antminer S19 from its Norway mining datacenter, with a starting price of $270,000. Sponsored by Bitdeer Read more — link
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Former FTX CEO Sam Bankman-Fried has filed an appeal for a new trial. His lawyer accused Judge Lewis Kaplan of showing bias in the trial and preventing the submission of key evidence. SBF was previously convicted of defrauding FTX customers and investors and sentenced to 25 years in prison. The appeal stated that the insolvency issues of FTX and Alameda in the case were misunderstood and were actually a liquidity crisis. — link
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According to The Block, the U.S. SEC stated in a footnote in the proposed revised complaint against Binance that when referring to crypto asset securities, it does not refer to the crypto assets themselves, but to the full set of contracts, expectations and understandings for the sale of such assets. The U.S. SEC also stated that it would avoid using this abbreviation in the case against Binance. — link
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JUST IN: 🟠 Bitcoin and crypto exchange HTX to integrate Bitcoin Lightning into its platform.
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SBF files appeal to overturn conviction, blames Judge and demands new trial: NY Times
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