🇺🇸 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🔥
✅@Money ⭐️Boosts
BlackRock IBIT becomes the world's largest institutional Bitcoin holder, MicroStrategy surpasses GBTC to rank second💸
👉 Read here
✅@Money ⭐️Boosts
US stocks rose strongly in August, the crypto market was sluggish, and high-yield USDT financial products were favored 🛍
👉 Read here
✅@Money ⭐️Boosts
Yesterday, the Bitcoin ETF had a net outflow of $287.78 million🕯
Ethereum ETF had a net outflow of $47.4 million
✅@Money ⭐️Boosts
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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🇺🇸 FBI warns that North Korean hackers are attempting to steal Bitcoin and crypto funds from the ETFs 👀
✅@Money ⭐️Boosts
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 🔝
✅@Money ⭐️Boosts
🗞 September 3, 2024 cryptocurrency news highlights
【Cryptocurrency】
Japan may cut the crypto tax rate from 55% to 20% in 2025 reforms.💴
$6B in shorts will be liquidated when Bitcoin hits $65K🎇
50% of Telegram tap-to-earn players are new to cryptocurrency✅
【Economy】
🔽The probability of the Fed cutting interest rates by 25 basis points in September is 69%
S.Korea inflation slows to 3-1/2-year low, backs case for imminent rate cut🇰🇷
【Indicators】
🚀If Bitcoin falls below $58,000, the cumulative long order liquidation strength of mainstream CEX will reach 611 million
【More】
🛍FTX will start repaying $16B to creditors in Q4 2024
The decentralized social network Bluesky, founded by Twitter founder Jack Dorsey, gained 1m users within three days after Brazil banned Elon Musk's X😱
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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 👨⚖️🚨
✅@Money ⭐️Boosts
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.
✅@Money ⭐️Boosts
🗯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.’
✅@Money ⭐️Boosts
Pendle released a report on the Penpie attack: Immediately suspending contracts after discovering the vulnerability, saving $105 million in assets⚠️
➡️ Read Here
✅@Money ⭐️Boosts
Ethereum on-chain liquidations hit second highest level in history in August🔝
✅@Money ⭐️Boosts
Bitcoin fell below $56,000 and is now quoted at $55,773, a 24-hour drop of 5.79%.🔽
✅@Money ⭐️Boosts
Plunged 98%! 🔽Shengneng Group: Some of the shares held by shareholders were liquidated
➡️Read Here
✅@Money ⭐️Boosts
Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist🔥
✅@Money ⭐️Boosts
BJDitcher explains how 🪙Bitcoin is an opt-out from crazy town and how we need to build relationships with our friends and families and show them that there is a freedom alternative 🗣🎙
✅@Money ⭐️Boosts
The SEC charged Galois Capital, a crypto-focused advisory firm, for breaching custody rules and misleading investors on redemption notices 👨⚖️⚠️
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$108 billion investment firm VanEck is predicting a $2.9 million Bitcoin price by 2050❗️
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