75% of all Bitcoin has been hodled for over 6 months
Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn't been sold or moved for the last six months
South Korea’s national pension fund bought $33.7 million worth of MicroStrategy shares in Q2
Читать полностью…BREAKING:
CHINA UNEMPLOYMENT RATE RISES TO 5.2%; EST. 5.1%; PREV. 5.0%
CHINA APRIL RETAIL SALES RISE 2.7% Y/Y; EST. 2.6%; PREV. 2.0%
CHINA INDUSTRIAL OUTPUT RISES 5.1% Y/Y; EST. 5.2%; PREV. 5.3%
Top News
1. Vitalik Buterin deposited 200 $ETH ($530K) to #Kraken 9 hours ago.
Notably, this is his first $ETH deposit to a CEX in 2024.
2. U.S. Dollar Index $DXY is at its lowest level since January.
3. Morgan Stanley reports owning 5.5 million shares in BlackRock spot #Bitcoin ETF as of June 30 in SEC filing.
Morgan Stanley is now a top 5 holder of BlackRock's Bitcoin ETF.
4. Goldman Sachs now holds over $419 million worth of 🥇 Bitcoin ETFs as of June 30th, according to their new 13F filing.
Keep a note
FOMC September Rate Cut 100% Chance
In fact, it's a close match between 25BP and 50BP.
Tether minted $1 billion USDT
https://whale-alert.io/transaction/ethereum/0x7e741a387f0a7122291681f5e15f4b9703438e709894a9bdc516f5ca78b5f2a7
The Venezuelan 🇻🇪 gov blocks access to crypto exchange Binance, Twitter, and other online services amidst election unrest. As Residents often use Binance's P2P service to combat inflation.
Читать полностью…Key Dates to Keep An Eye.
13 Aug: #PPI Data Release
14 Aug: #CPI Data Release
21 Aug: #FOMC Minutes
Last week, digital asset investment products experienced minor inflows totalling $30m, as recent macroeconomic data implied the FED were less likely to cut interest rates by 50 basis points in September
Читать полностью…While the #Bitcoin price is going down, the spot Bitcoin ETF inflows continue to go up 👀
The institutions are buying the dip.
This is the first time inflation has fallen below 3.0% since March 2021, and the first rate cut since 2020 is expected next month.
Читать полностью…$BTC heavy spot selling absorbed like it's nothing. If spot bidders go aggressive here, BTC will fly.
Читать полностью…Flushed out London session longers. If BULLS are in control this is where it price should reverse.
Читать полностью…Like yesterday $BTC making daily lows during NY open and bidders lifting it. Wouldn't surprise me if we get 65k soon.
Читать полностью…An old miner from 2010 just moved $14 million worth of #Bitcoin 👀
Hodled all the way from $0.20 to $57,000