a16z Crypto Accelerator Launches This Week, Announces List of 21 Participating Projects 🆕
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🇯🇵Japan's largest power company, TEPCO, is mining 🪙Bitcoin with surplus renewable energy, reducing waste and boosting green investments ⛏🌱
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🗞 September 9, 2024 cryptocurrency news highlights
【Cryptocurrency】
💥Cryptocurrency ownership dropped from 15.4% at the beginning of the year to 14.7% in July
【Economy】
$725 billion Bernstein says if Trump is re-elected Bitcoin may reach $90,000 by this year 👀
The probability that the Federal Reserve will cut interest rates by 25 basis points in September is 71% .💰
【Indicators】
If Bitcoin breaks through $57,000, the cumulative short order liquidation intensity of mainstream CEX will reach 786 million
A new report from Bitcoin fintech company River forecasts that 10% of U.S.-based companies will convert 1.5% of their treasury reserves, approximately $10.35 billion, into Bitcoin within the next 18 months 🪙
【More】
Harris's major donors demand replacement of SEC and FTC chairmen after victory📣
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The Nigerian SEC announced plans to crack down on unregulated individuals and businesses, including crypto exchanges. Currently, only two exchanges, Quidax and Busha, are approved by the SEC.
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⚠️Matrixport: Bitcoin hits “panic peak” and urgently needs key catalysts
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Three whale addresses accumulated 2,814 bitcoins at an average price of $55,887 in September💰
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A whale that is long on ETH on leverage liquidates its position, with an estimated loss of $17.51 million🔹
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The probability that the Federal Reserve will cut interest rates by 25 basis points in September is 71% .💰
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🇸🇻 El Salvador adopted Bitcoin as legal tender 3 years ago today ✅
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“Bitcoin is being traded as a risk asset, when in fact btc is “protection” or insurance.” 💪
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The cumulative net inflow of U.S. Bitcoin spot ETFs is US$16.897 billion 💸
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Bitcoin contract holdings across the network fell to US$28.396 billion, a 6% drop in the past week
According to Coinglass data, the current Bitcoin contract holdings on the entire network have dropped to 28.396 billion US dollars, a decrease of 6% in the past week. Ethereum contract open interest fell to $10.346 billion, a decrease of less than 2%.nv
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USDe supply fell below 2.7 billion, down about 25.5% from its high point📉
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Harris releases list of proposed policy positions, no mention of cryptocurrencies 🚫📂
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Elon Musk faces possible summons before UK parliament over role of X 👨⚖️🇬🇧
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Australia's Monochrome Bitcoin ETF (IBTC) partners with Hoseki to introduce daily proof-of-reserves, becoming the first in the country to do so! 🇦🇺
➡️Read Here
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$725 billion Bernstein says if Trump is re-elected Bitcoin may reach $90,000 by this year 👀
✅@Money ⭐️Boosts
If Bitcoin breaks through $57,000, the cumulative short order liquidation intensity of mainstream CEX will reach 786 million
✅@Money ⭐️Boosts
💥Cryptocurrency ownership dropped from 15.4% at the beginning of the year to 14.7% in July
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Harris's major donors demand replacement of SEC and FTC chairmen after victory📣
🖥 Read Here
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USDC Treasury minted another 50 million USDC this morning and transferred them to Coinbase😃
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This is what's happening in our society right now. Pay attention.🤝
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A new report from Bitcoin fintech company River forecasts that 10% of U.S.-based companies will convert 1.5% of their treasury reserves, approximately $10.35 billion, into Bitcoin within the next 18 months 🪙
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🗞 September 9, 2024 cryptocurrency news highlights
【Cryptocurrency】
The price structure of Bitcoin this year is similar to that of 2019, and next week may usher in a critical moment for the market 💸
Placeholder Partner: Although BTC and ETH are in a consolidation period, they still believe the future is bright
【Economy】
Bitcoin contract holdings across the network fell to US$28.396 billion, a 6% drop in the past week
Fractal Bitcoin announces FB token economics, community allocation accounts for 80%💥
【Indicators】
USDC Treasury minted 50 million USDC this morning and transferred them to Coinbase💲
USDe supply fell below 2.7 billion, down about 25.5% from its high point📉
The cumulative net inflow of U.S. Bitcoin spot ETFs is US$16.897 billion 💸
【More】
“Bitcoin is being traded as a risk asset, when in fact btc is “protection” or insurance.” 💪
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Fractal Bitcoin announces FB token economics, community allocation accounts for 80%💥
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Placeholder Partner: Although BTC and ETH are in a consolidation period, they still believe the future is bright
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The price structure of Bitcoin this year is similar to that of 2019, and next week may usher in a critical moment for the market 💸
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JACK MALLERS: 🟠 Bitcoin is the exit door, a way to protect yourself from government-induced currency debasement." 💯
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