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BREAKING: 📁 Global net gold purchases by central banks reached 483 tonnes in the first half of 2024, the most on record.
This is 5% higher than the previous record of 460 tonnes set in the first half of 2023.
20 Billion dollars worth of shorts at 70,000$ to be liquidated.
Keep buying people. Don’t fall for this sell trap nonsense
Buy more Bitcoin if you wish to see your altcoins moon 💰
Just in: Kamala Harris says she supports Brazil on banning Elon Musk and x.com ( twitter )
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🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 15,651 BTC ($907,444,100) transfered from Binance to Unknown
Sender's balance: 0
Crypto funding rates are still negative meaning its a wise choice to buy spot now
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Crypto losses to hacks exceed $313M in August
Cryptocurrency hackers stole $313.86 million in digital assets in more than 10 cyberattacks in August, raising doubts about the broader acceptance of the asset class.
@Cryptocurrency_media ✅
Grand Kombat is doing a USDT + Airdrop
They partnered with Trust wallet to give a total of 50,000 USDT in rewards to users who reach level 6
( the amount is equally divided between users)
Sign up now and claim you’re airdrops
These are the last chances for the telegram airdrop campaign hypes because they are dying out
78,772 BTC has been purchased between the prices of 57,000$ to 60,000$ 💰
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Trump & Blackrock to make a huge Bitcoin announcement 🚀
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JUST IN: 🇺🇸 Donald Trump announces support for legalizing marijuana on day 1 for all states 👀
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Kamala Harris is officially losing the polls for the US presidential election.
This comes after CNN uploaded an edited video which they pretended its live and it was still bad.
Transcripts to be leaked in October but the democrats are trying to stop it from happening
Mr100 whale just bought his first 100 BTC for the month.
Technically 202 BTC
September was the worst month in history but it was the best opportunity to buy everything at the bottom. 😉
Personally just buying spot 👀
🚨Binance has announced that it will suspend all deposits and transactions on the Cardano (ADA) blockchain on September 1st in support of the long-awaited network upgrade and the Chang hard fork
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📈 Market Dynamics: Buyers vs Sellers
🟢
1. Total Buyer Control: Solid green.
2. Buyer Dominance: Green candlestick.
3. Mixed, Buyer Strength: Active sellers, strong buyers.
4. Buyers Win, Some Weakness: Small green bar.
🔴
5. Total Seller Control: Solid red.
6. Seller Dominance: Red candlestick.
7. Mixed, Seller Strength: Active buyers, strong sellers.
8. Sellers Win, Some Weakness: Small red bar.
#education
Spoiler these candles the higher the time frames the better the data
Chinese Yuan beats the Euro to become the second most used currency in the world
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Someone just bought 907 Million $ worth of Bitcoin at the price of 57,950$ 💰
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UK news paper company The Guardian is asking UK to jail Elon Musk for life over free speech.
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Short squeeze is coming.
A bearish start to September is expected now the Monthly candle closed below $59,000
Naturally there is more short open interest than there has been in the past 2 months
Likely these people are short term correct but long term wrong.
Give them confidence with a small drop in price.
They take larger and larger positions, then some begin to take profit.
When shorts begin to take profit it triggers over leveraged selling off their trades quickly causing price reversal.
This in turn puts more shorts into a loss as Bitcoin price keeps rising.
Remember, there is no limit to how much a short position can lose.
Liquidations can be devastating to those that bet against Bitcoin.
The Week Ahead: Sept ☻
Macro:
⥼ BOC Meeting on 4
⥼ US Jobs Report on 6
⥼ Japan GDP (QoQ) on 8
Crypto:
∾ Cardano’s Chang Hard Fork, will introduce governance features (Sep 1)
∾ Arbitrum's Stylus Upgrade, will enable Rust, C, C++ smart contracts (Sep 3)
∾ MATIC to POL Migration (Sep 4)
∾ Russia begins trials of crypto exchanges and cross-border digital token transactions (Sep 1)
∾ Fantom's Sonic Testnet goes live (This week)
Event:
∾ Korea Blockchain Week, Seoul: 01-07
Speakers: Vitalik B., Richard Teng, Brad Garlinghouse and Founders from: Mysten Labs, BitGo, Polygon, Aptos, Aave, Animoca Brands, Berachain, LayerZero, Monad, MakerDAO, Worldcoin, Sahara AI, Ritual, MegaETH, Wintermute, Ethena, etc etc
Token Unlocks: $380M
⊷ TAIKO: $19M: 19% on 5
⊷ IMX: $43M: 2.1% on 6
⊷ MODE: $6M: 38.5% on 6
🚨BREAKING - FERRARI TO ACCEPT BITCOIN PAYMENTS IN EUROPE SOON 🔥🚀
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🚨BREAKING - DONALD TRUMP TO MAKE BIG BITCOIN ANNOUNCEMENT IN NEXT FEW DAYS: SOURCES
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Stablecoins printed in August:
USDT 🎾 - $3,186,257,334
USDC 🌀 - $853,718,706
EUROC 🌀 - €1,666,093
FDUSD ⚪️ - $0
TUSD 🔷 - $0
PYUSD 🅿️ - $0
💵 TOTAL: $4,041,642,133
REMINDER 🇷🇺: Russia starts using #Bitcoin for international transactions tomorrow! 🚀
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Yuga Labs CEO 💰 said that the Workshop team has been launched, hoping to learn from Coinbase's Base chain and focus on building innovative ApeChain products. Workshop will soon launch the first batch of products on ApeChain, and the mainnet release of ApeChain may be coming soon. — link
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