Notional value of $796 million in BTC and $297 million in ETH options contracts will expire tomorrow⚠️
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If Bitcoin falls below $57,000, the cumulative long order liquidation intensity of mainstream CEX will reach 845 million‼️
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Ethereum Ecosystem New Token Protocol Etheism Releases Tokens, with Trading Volume Reaching $9.6 Million in 7 Hours🔹
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Coinbase Prime address 👀👀transferred out 200 million USDC half an hour ago🔥
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🇺🇸 Senator Lummis says, “wouldn’t it be fun if the US is buying # Bitcoin and it scares China and Russia so they start buying Bitcoin and we have an arms race over Bitcoin instead of over weapons.”
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🇯🇵Japan to lower maximum tax rate on 🪙Bitcoin from 55% to 20%, in line with financial assets
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🇺🇸 The US SEC postponed the decision on the "7RCC Spot Bitcoin and Carbon Credit Futures ETF" to late November ⚠️
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Ethereum CME futures trading volume hit a 9-month low in August, down 31% from the previous month 🪙 📉
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🗞 September 4, 2024 cryptocurrency news highlights
【Cryptocurrency】
BlackRock IBIT becomes the world's largest institutional Bitcoin holder, MicroStrategy surpasses GBTC to rank second💸
Ethereum on-chain liquidations hit second highest level in history in August🔝
【Economy】
US stocks rose strongly in August, the crypto market was sluggish, and high-yield USDT financial products were favored 🛍
【Indicators】
Bitcoin hash rate hit a new all-time high of 746 EH/s on September 3rd, showcasing the network's growing strength even amid recent price declines 🔝
Yesterday, the Bitcoin ETF had a net outflow of $287.78 million🕯
If Bitcoin falls below $55,000, the cumulative long order liquidation intensity of mainstream CEX will reach 746 million 😱
⚠️Plunged 98%! 🔽Shengneng Group: Some of the shares held by shareholders were liquidated
【More】
🇺🇸Donald Trump is reportedly considering Elon Musk for a role in auditing U.S. agencies that would help the government identify thousands of programs to cut if he wins the election in November
Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist🔥
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BlackRock IBIT becomes the world's largest institutional Bitcoin holder, MicroStrategy surpasses GBTC to rank second💸
👉 Read here
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US stocks rose strongly in August, the crypto market was sluggish, and high-yield USDT financial products were favored 🛍
👉 Read here
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Yesterday, the Bitcoin ETF had a net outflow of $287.78 million🕯
Ethereum ETF had a net outflow of $47.4 million
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Penpie hackers exchanged stolen assets for 11,109 ETH (about 26.95 million USD), part of which has been transferred to Tornado Cash 1 hour ago. ⚠️
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NVIDIA plunged nearly 10%,☄️‼️ evaporating US$280 billion overnight, setting a new record for the US stock market🔥
▶️Read Here
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🇺🇸 US Senator Cynthia Lummis says her Bitcoin Strategic Reserve bill is the "only viable solution that positions us to cut our national debt in half by 2045." 👀
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CME Fed Watch: The probability of the Fed cutting interest rates by 50 basis points in September has increased to 45%📈
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Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank💥
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New York Attorney General Letitia James subpoenaed a16z and Union Square Ventures over their Uniswap investments.🤕
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Anthony Pompliano suggests that buying government-sold 🪙Bitcoin could be a memorable story, noting that millions value digital sound money principles 💭
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$13.2 billion Cantor Fitzgerald CEO says big banks and traditional finance will "all go head first into 🪙 Bitcoin" under better regulation ✅
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Uniswap Labs was fined $175,000 by the CFTC for offering illegal digital asset transactions and must stop violating the Commodity Exchange Act 👨⚖️🚨
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If Bitcoin falls below $55,000, the cumulative long order liquidation intensity of mainstream CEX will reach 746 million 😱
According to Coinglass data, if Bitcoin falls below $55,000, the cumulative long liquidation intensity of mainstream CEX will reach 746 million. On the contrary, if Bitcoin breaks through $58,000, the cumulative short order liquidation intensity of mainstream CEX will reach 900 million.
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🗯Donald Trump is reportedly considering Elon Musk for a role in auditing U.S. agencies that would help the government identify thousands of programs to cut if he wins the election in November.
Elon Musk responded to the news, saying, 'I can't wait. There is a lot of waste and needless regulation in government that needs to go.’
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Pendle released a report on the Penpie attack: Immediately suspending contracts after discovering the vulnerability, saving $105 million in assets⚠️
➡️ Read Here
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Ethereum on-chain liquidations hit second highest level in history in August🔝
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Bitcoin fell below $56,000 and is now quoted at $55,773, a 24-hour drop of 5.79%.🔽
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Plunged 98%! 🔽Shengneng Group: Some of the shares held by shareholders were liquidated
➡️Read Here
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