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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💰If Bitcoin falls below $58,000, the cumulative long order liquidation strength of mainstream CEX will reach 611 million.
👉 Read here
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pump. fun generated $100 million in revenue in just 217 days, making it the “fastest growing Dapp” in the history🔝
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In August, the Ethereum ETF had a net inflow of $6.83 million🕯
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Santiment: 🪙 Bitcoin shows signs of recovery as the S&P 500 pauses due to Labor Day in the United States 💊
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Japan’s Financial Services Agency plans tax reforms for 2025, with investors advocating for lowering the crypto tax rate from 55% to 20% 📉🇯🇵
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🗞 September 2, 2024 cryptocurrency news highlights
【Trending News】
🤝The U.S. SEC may require FTX bankruptcy institutions to use stablecoins to repay customers.
【On-Chain Tracking】
🪙Bitcoin miners' revenue hits lowest level in August, 29.10% blocks were contributed by Foundry USA.
😯The total revenue of Pump. fun has exceeded 680K $ SOL($91M)!
⬆️In August, Polymarket’s trading volume, number of traders and new users hit record highs.
🐳A whale address withdrew 1,000 BTC ( approximately $57.41M ) from Binance 20 minutes ago and currently holds about 8,559 BTC.
【Macroeconomics】
‼️The forecast for Australia's second quarter GDP indicates economic stagnation, with a continued decline in per capita economic performance.
【Data Metrics】
📊The Crypto Fear & Greed Index dropped from 55 last week to 26 as Bitcoin fell to $57k levels.
【Other】
📉The top ten MEME coins fell an average of 63.73% from their peak during the year, with BOME experiencing the largest decline.
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🌍The Crypto Fear & Greed Index dropped from 55 last week to 26 as Bitcoin fell to $57k levels.
✅@Money ⭐️Boosts
📉The top ten MEME coins fell an average of 63.73% from their peak during the year, with BOME experiencing the largest decline
👉🏼Read here
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A whale address withdrew 1,000 BTC ( approximately $57.41M ) from Binance 20 minutes ago and currently holds about 8,559 BTC💰
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The total revenue of Pump. fun has exceeded 680K $ SOL($91M)!🔼
And Pump. fun has sold 254,074 $ SOL($40.26M) at an average price of $158.
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$5.5 TRILLION Fidelity says that 🪙Bitcoin could go as high as $1 BILLION by 2038 📈
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⬆️Analysis: Bitcoin has not yet broken through key resistance level, and the behavior of short-term holders may determine the trend
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🗞Analysis: Signs of further rate hikes in the yen curb Bitcoin's gains
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50% of Telegram tap-to-earn players are new to cryptocurrency
Former VP of Binance suggests they can be converted to long-term crypto users
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S.Korea inflation slows to 3-1/2-year low, backs case for imminent rate cut 👀
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WazirX hacker has transferred 2,600 ETH (about 6.5 million US dollars) to Tornado Cash in the past 9 hours‼️
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The probability of the Fed cutting interest rates by 25 basis points in September is 69%
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Kamala Harris wants to have full control to censor all social media platforms 👀
Bitcoin and Nostr are censorship resistant ✊
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Galaxy Digital Research Director: Bitcoin May Be Range-bound Until November U.S. Election 🪙
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“Pretty soon, $44 billion won’t be worth that much anyway.”
- Elon Musk on fiat money
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🤝The U.S. SEC may require FTX bankruptcy institutions to use stablecoins to repay customers
👉🏼 Read here
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The forecast for Australia's second quarter GDP indicates economic stagnation, with a continued decline in per capita economic performance.‼️
➡️ Read Here
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Bitcoin miners' revenue hits lowest level in August with subsidies and fees totaling $851.36 million, of the blocks mined, 29.10% were contributed by Foundry USA.📉
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In August, Polymarket’s trading volume, number of traders and new users hit record highs
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🗞 September 1, 2024 cryptocurrency news highlights
1. Saylor releases Bitcoin24 - a free excel model for projecting the results of different 🪙 Bitcoin strategies over the next 21 years 📈
2. Over 94% of the total 🪙Bitcoin supply has now been issued
3. Jack Mallers explains how having Bitcoin as a strategic reserve asset brings ‘hope, optimism and the ability to place a premium on the price of tomorrow.’ 🙌
4. Ethereum fell below $2,500 and is now quoted at $2,499.30, a 24-hour drop of 1.01%. 🔽
5. The Bitcoin balance on Binance platform has decreased by more than 43,000 in the past 7 days📊
6. Bitcoin's performance in September has only been positive in three of the past 10 years⚠️
7. Long-term Bitcoin holders increased their holdings by more than 260,000 BTC in August💰
8. 60,000 ETH deposited into Binance L2 funds transferred back to L1 for cross-chain asset management
9. If Bitcoin falls below $56,000, the accumulated long order liquidation intensity of mainstream CEX will reach 408 million
10. Cryptocurrency holders more supportive of Trump as U.S. president, poll shows
11. ⬆️Analysis: Bitcoin has not yet broken through key resistance level, and the behavior of short-term holders may determine the trend
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Cryptocurrency holders more supportive of Trump as U.S. president, poll shows
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