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Money & Crypto News

Bitcoin climbed to $63,000, its highest since August 2, with a 4.35% gain today 🔝

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⭐️Fed Chairman Powell sends the strongest signal of rate cut so far

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🔥🔥🔥On August 23, according to the Wall Street Journal, Federal Reserve Chairman Powell sent the strongest signal of a rate cut to date, saying he intends to take action to avoid further weakening of the U.S. labor market.

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Tether decided not to launch its own blockchain, citing market saturation. ⭐️

CEO Paolo Ardoino emphasized focusing on security across existing platforms rather than adding another blockchain.

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👀👀Russia plans to launch two crypto exchanges in Moscow and St. Petersburg to support foreign trade, with access initially limited to major exporters and importers.

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A whale address borrowed 157,800 BNB from Venus and deposited it into Binance within 24 hours🔸

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This morning, a dormant address containing 19 BTC was activated after 10.7 years.💰

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💰Binance founder CZ is out of prison and now in a halfway house, with full release expected in September.

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💰 Bitcoin was at $26,000 just two years ago 🔥

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Custodia Bank CEO explains how Bitcoin will coexist the FIAT system on CNBC 🎙

“The most important aspect of Bitcoin is that no one controls it.” - Caitlin Long

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🇨🇼 Bitcoin faucet at the Eden Mall in Curaçao gives out 10,000 free sats every hour from 10am - 7pm 🙌

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😱😱Crypto firms emerged as the top corporate political spenders accounting for nearly 48% of all corporate contributions in the elections.

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🌟According to data from the prediction market Polymarket🌟

🤝Trump's probability of winning the US presidential election has risen to 53%, leading Harris by 7 percentage points.📈

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🔼If Bitcoin surpasses $62,000, the total value of short positions liquidated on major centralized exchanges will hit $795 million.

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Harris will support efforts to promote the cryptocurrency industry📣

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Michael Saylor explains how 💰Bitcoin is the only form of clean money we have 💬

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📈Today's speech shows that Powell's policy shift has been completed. Powell showed an overall dovish tone in his speech. Two years ago, he also said at the same time that the Federal Reserve would accept a recession as the price of restoring inflation.💲💲💲

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🇺🇸 Coinbase customers can now send up to $10k instantly from Bitcoin Lightning 🔥

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Despite facing a new class action lawsuit, Zhao Changpeng may be released from prison on time 🛡

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🛍Colombia accused Worldcoin violating data protection laws through iris scans, potentially leading to fines or suspension. Worldcoin faced similar issues in other regions.

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The whales who opened BTC positions at an average price of $63,878 reduced their positions by 300 coins, with a loss of nearly $4.08 million💰

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Fierce news ahead of Jackson Hole annual meeting: Fed officials support interest rate cuts soon and advocate gradual rate cuts💥🔝

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Jack Mallers describes FIAT currency debasement using Taylor Swift as a metaphor 💃

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🚀 Tether is set to launch a UAE Dirham-pegged stablecoin in partnership with Phoenix Group, aiming to enhance trade and remittances under UAE regulations.

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Antpool mines a block including 9.515 Bitcoin ($583K) in fees 👀

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⭐️The number of Bitcoins held by OTC counters soared to 368,000, new high since June 2022, OTC counter Bitcoin holdings have increased by 153,000 coins.

🆕 Historical data shows that increasing OTC counter Bitcoin balances tend to correlate with falling Bitcoin prices. 💰

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❗️❗️Telecommunications company Lingo Telecom fined $1 million fine by Federal Communications Commission for its involvement in the illegal Biden deepfake scam.

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💲Binance CEO Richard Teng stated that Binance does not need an IPO or additional fundraising, highlighting strong financials and profitability since its fifth month of operation.

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Data: Bitcoin contract holdings increased by 12% in the past 10 days💰

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Bitcoin breaks through $61,000 again this morning, and Ethereum breaks through $2,600🔼🔼

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