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Cryptocurrency ↪ Inside ⚠️ Crypto News ⛓ Onchain analytics 🗓 Market updates/insights Admin : @Mark_CryptoInside Twitter : https://twitter.com/Crypto_Inside_ MediaPartner: @Bitcoin_Insights

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NEW: 🇺🇸 RFK Jr. sends a pro-bitcoin letter to The Economist in defense of 💰 Bitcoin mining 🙌

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Top 4 countries by the amount of BTC on their balance!

1. USA – $12,160,000,000

2. UK – $3,670,000,000

3. Bhutan – $785,460,000

4. El Salvador – $351,750,000

Honorable mention: Germany now has "ZERO" (after a $3.56 billion sale). 😁

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Tron Fees Will Decrease ⬇️

The community has approved a vote to reduce fees on the Tron network by 50%.

⚙️ The update will occur around 12:00 UTC.

This means trading meme coins on Tron will be even more profitable, and USDT-TRX payments will become cheaper. 🧐

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🚨 LATEST: Arthur Hayes Says Fed's Rate Cut is Politically Driven, Predicts Soaring Inflation!

BitMEX co-founder Arthur Hayes warns that the Fed’s recent rate cut may be politically motivated, sparking inflation and setting the stage for market turbulence.

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🚀 Follow Us on X for Daily Crypto Insights! 🚀

Get more updates, analysis, and exclusive content by joining us on X! Stay informed and help us grow by being part of the conversation.

Follow us here and stay ahead in the crypto world! 🔗

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🇺🇸 US: Louisiana Government Accepts First Crypto Payment

“By introducing cryptocurrency as a payment option, we're not just innovating; we're giving citizens more flexibility and freedom ..." - Louisiana State Treasurer John Fleming, M.D.

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JUST IN: 🇺🇸 Congressman Tom Emmer explains that governments are scared of #Bitcoin because “it restores what this country was built on, which is by the people from the ground up.”

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BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.

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🔥 JUST IN : Solana 💰 Mainnet-Beta has implemented ZK Compression.

Offering
#Solana developers 1000x cost savings, addressing state growth, and laying the groundwork for #ZK compute on the platform.

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In Q2 2024, Tether's reserves reached $118.4 billion, surpassing its liabilities by $5.3 billion. 💰

With $97.6 billion in U.S. Treasury bonds, Tether is now the 18th largest holder worldwide, ahead of countries like Germany, the UAE, and Australia. 🧐

Over its history, Tether has frozen around 1,850 wallets, successfully recovering more than $113 million in stolen assets. 🥶

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📊 It's been 152 days since the last Bitcoin halving.

❗️The last bull market cycle started 160 days after the halving.

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INSIGHTS 💰 Bitcoin exchange reserves drop to 2018 levels

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NEW: 💰 $270B Asset Manager Ric Edelman explains how Bitcoin can hit $420,000 with just 1% of global wealth being allocated into $BTC

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LYN ALDEN: 🥇 Imagine making an iPhone, and then twenty thousand imitators make a buggy knock-off fake iPhone with a glued-on Apple symbol that doesn't work properly. That's "#Bitcoin vs crypto" 👏

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JUST IN: 🇧🇹 The Kingdom of Bhutan now owns 13,011 💰 Bitcoin worth $780 Million 🙌

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🇯🇵 Japanese public company Metaplanet stock performance after adopting the #Bitcoin strategy.

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📊 Bitcoin returned to levels above $63,000 — the first cryptocurrency's daily growth was more than 5%.

Over the past 24 hours, traders' positions worth $200,000,000 have been liquidated, most of whom are short sellers.

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🇩🇪 $500B Commerzbank to offer Bitcoin and crypto trading to customers.

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🇺🇸 Donald Trump uses 🥇 #Bitcoin to pay at a bar in New York.

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💰 Solana Launched New Crypto Phone “Seeker”, Surpassed 140,000 in presales.

Demand for the “Chapter Two” successor to old #Saga surged in April after two cat-themed memecoin airdrops that come with the saga phone briefly covered the cost of the device.

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BREAKING: 💰 MicroStrategy increased its raise to $875 million to buy more #Bitcoin and redeem outstanding Notes 🙌

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🔥BULLISH: Google Cloud launches Ethereum-compatible RPC service

The service enables developers to access blockchain data via API calls and supports the Ethereum mainnet and test networks, with plans to expand to more blockchains next year.

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🔥 BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.

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BREAKING: 💰 #Bitcoin on exchanges hit a multi year low while hashrate just hit a new ATH

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🚨 BREAKING: Fintech giant Revolut is set to launch its own stablecoin

The company joins PayPal, Ripple, and BitGo in the stablecoin market, aiming to enhance its crypto offerings.

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🚨 Ethereum Founder, Vitalik Buterin, is SINGING on stage at TOKEN2049 😂🤝

You can’t make this up.

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🚨 CEX.IO Resumes Operations in the UK! 🇬🇧

After a temporary pause, CEX.IO, a leading centralised exchange with over 15M users, is back in action in the UK! 🎉

🔑 Both existing and new customers can now access the platform, with 190+ digital assets available for trading.

🌍 As of October 2023, the UK accounted for 69% of CEX.IO’s total users across the European Economic Area (EEA), making it one of its key markets.

⚖️ The platform voluntarily suspended its services following the introduction of the Regime of Financial Promotions policy by regulators in October 2023, but is now fully operational.

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💸Today is big day for market's, money printer go brrrrrrrr…

🔍 Today, all eyes are on the U.S. Federal Reserve meeting. Forecasts: 64% predict a 0.5% rate cut, 36% predict a 0.25% cut.

🕯 Market reaction could be mixed: this important event is preceded by an "euphoric rally" following local lows (SP500 and BTC). There is reason to believe that the rate cut is already fully priced in, and a "Sell the news" scenario may be ahead.

📈 Moreover, historically, such periods have often coincided with local peaks. During the last two major rate-cutting cycles, the S&P 500 lost up to 50%, though this did not happen immediately. Stay vigilant.


⚠️ Remember:
Trading on such days is very risky. It’s better to reassess your portfolio’s risk profile and prepare a medium-term action plan for various scenarios.

P.S. Ultimately, what Jerome Powell says will be crucial.

P.S.S. Hit the 🔥 button if you find these analyses helpful!

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JUST IN: 💰 Bloomberg says "#Bitcoin is ripping" ahead of the Fed potentially cutting rates tomorrow for the first time in 4 years 🚀

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🇮🇩 Indonesian restaurant in the 🇳🇱 Netherlands now accepts 💰 #Bitcoin 🙌

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