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.‼️
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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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💰 Chain Name: trc20
💲 Total amount: 500
✅ Remaining: 300/300
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60,000 ETH deposited into Binance L2 funds transferred back to L1 for cross-chain asset management
✅@Money ⭐️Boosts
Bitcoin's performance in September has only been positive in three of the past 10 years⚠️
✅@Money ⭐️Boosts
Ethereum fell below $2,500 and is now quoted at $2,499.30, a 24-hour drop of 1.01%. 🔽
✅@Money ⭐️Boosts
🗞 August 31, 2024 cryptocurrency news highlights
1. Analysis: Bitcoin recently shows a trend of "buying in Asia and selling in the United States"📈
2. A whale deposited 8,651 ETH, equivalent to $21.47 million, into Coinbase in the past six hours 🪙
3. On August 30, 10 Bitcoin spot ETFs reduced their holdings by 1,193 BTC, and 9 Ethereum ETFs reduced their holdings by 1,750 ETH 📉
4. Brazilian Supreme Court Judge Alexandre de Moraes blocks financial accounts of Elon Musk’s Starlink in Brazil for not censoring accounts on X ⛔️
5. Brazil’s Supreme Court has ordered the immediate and full suspension of 𝕏❗️
6. Wells Fargo will begin pitching Bitcoin ETFs to clients in September 🇺🇸
7. CNBC reports that almost half of all corporate money raised for the presidential election is from Bitcoin and crypto 🔼
8. Vitalik's ETH holdings have decreased by 85,000 compared to three years ago, and the value of his holdings has shrunk by about 60% 🔹
9. A whale/institutional address withdrew 29,414 ETH from Coinbase and deposited it into Lido in the past 4 days 💰
10. A whale address is suspected to have liquidated 5,419 ETH positions opened 7 months ago, with a profit drawdown of more than $8.4 million 🔹
11. TRON Network’s revenue exceeded $36 million in the past 12 days, and mainstream CEX withdrawal fees doubled 🔴
12. Russia will start piloting the use of cryptocurrencies for cross-border payments next week 🇷🇺
13. The cumulative net outflow of Bitcoin spot ETFs in the United States was $27.2 million this week 🪙
14. The cumulative net outflow of U.S. Ethereum spot ETFs is $12.4 million this week 💵
15. EVERYONE is talking about nation-state Bitcoin adoption 💪
16. Kremlin spokesman: Russia questioned Telegram but did not arrest Pavel Durov 🙅♂️
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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
✅@Money ⭐️Boosts
A whale address withdrew 1,000 BTC ( approximately $57.41M ) from Binance 20 minutes ago and currently holds about 8,559 BTC💰
✅@Money ⭐️Boosts
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
👉🏼 Read here
✅@Money ⭐️Boosts
➡️ Initiated a super airdrop
💰 Currency: USDT
💰 Chain Name: trc20
💲 Total amount: 500
✅ Remaining: 1000/1000
✅ Note: @money and @mpay jointly airdrop USDT
Airdrop added successfully, please click the button to send
If Bitcoin falls below $56,000, the accumulated long order liquidation intensity of mainstream CEX will reach 408 million
✅@Money ⭐️Boosts
Long-term Bitcoin holders increased their holdings by more than 260,000 BTC in August💰
✅@Money ⭐️Boosts
The Bitcoin balance on Binance platform has decreased by more than 43,000 in the past 7 days📊
✅@Money ⭐️Boosts
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.’ 🙌
✅@Money ⭐️Boosts
Saylor releases Bitcoin24 - a free excel model for projecting the results of different 🪙 Bitcoin strategies over the next 21 years 📈
✅@Money ⭐️Boosts
Kremlin spokesman: Russia questioned Telegram but did not arrest Pavel Durov
👉 Read Here
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