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Money & Crypto News

Seems like mostly green lines to me.😎

🟢 Green vertical lines: days where the bitcoin price has only ever gone up since then
🔴 Red vertical lines: days where the price has only ever gone down since then

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Preston Pysh with a mind blowing example of how Bitcoin is repricing the world and with US debt interest exceeding the defense budget, inflation is here to stay 🤯🪙

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🗞 September 7, 2024 cryptocurrency news highlights

【Cryptocurrency】

Bitcoin spot ETF total net outflow of $170 million yesterday 💸

The total net outflow of Ethereum spot ETF yesterday was $5.984 million🔹

The cost price of $21 billion worth of Bitcoin held by about 830,000 addresses is in the range of 51,000-54,000 🪙

The U.S. Bitcoin spot ETF accumulated a net outflow of $706.1 million this week 💵

El Salvador's third anniversary wallet of the adoption of the Bitcoin plan has made a profit of more than $31 million 💰

【Economy】
The three major U.S. stock indices fell across the board 🔽

【Indicators】
Bitcoin traders predict that the price will return to the level of $40,000, which may be more out of fear than any technical fundamentals 💥

【More】
Elon Musk posted a picture with the word "DOGE" on X, with the text "Department of Government Efficiency" (D.O.G .E) Ministry of Government Efficiency 📱

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🔥 In terms of uptime, Bitcoin is already older than the stock market

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The U.S. Bitcoin spot ETF accumulated a net outflow of $706.1 million this week 💵

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Elon Musk posted a picture with the word "DOGE" on X and pinned it to the top of the Twitter, with the text "Department of Government Efficiency" (D.O.G .E) Ministry of Government Efficiency 📱

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The three major U.S. stock indices fell across the board, the crypto market plummeted, and stablecoin financial products became potential risk-averse options 🔽

The Na Index fell by 5.77%; the S&P fell 4.25% and the Dove fell 2.93%. The crypto market continued to plummet, with Bitcoin falling more than 10.51% weekly and Ethereum falling more than 13.84% weekly.

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Bitcoin spot ETF total net outflow of $170 million yesterday 💸

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US Bitcoin spot ETF had a net outflow of US$169.9 million yesterday

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JUST IN: 🟠 Bitcoin's hash rate hit a new ALL TIME HIGH 🚀

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Bitcoin empowers us to build a better tomorrow. True wealth lies in responsibility, discipline, and long-lasting value.💥

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✈️ Telegram CEO Pavel Durov’s first statement since last month arrest in France. Tools like Bitcoin and NOSTR are critical. 🚨

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🇺🇸 Federal Reserve gives United Texas Bank ‘cease and desist’ order for servicing Bitcoin and digital asset industry 🪙

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Coinbase, Robinhood Upgraded by Barclays Analyst, Citing 'Matured' Business Models 🔄

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It’s been 176 days since bitcoin’s made a new all time high 👀

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🟠 Bitcoin will unite a deeply divided country - and eventually the world 🌎

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🇩🇪German MP Joana Cotar stressed the need for more Bitcoin awareness in parliament and criticized Germany's sale of 50k BTC 🪙

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“The longest most honest decentralized and secure chain wins overtime.”

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El Salvador's third anniversary wallet of the adoption of the Bitcoin plan has made a profit of more than $31 million 💰

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Money & Crypto News

Bitcoin traders predict that the price will return to the level of $40,000, which may be more out of fear than any technical fundamentals 💥

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The cost price of $21 billion worth of Bitcoin held by about 830,000 addresses is in the range of 51,000-54,000 🪙

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The total net outflow of Ethereum spot ETF yesterday was $5.984 million🔹

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Wintermute deposited 46,947 ETH to Binance 50 minutes ago, equivalent to $104 million🔸

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Metalpha deposited another 8,088.8 ETH to Binance 30 minutes ago🔹

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Bitcoin fell to $52,551 this morning, a 24-hour drop of 4.27%.

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US judge postpones ruling on Trump's hush money case to November 26👨‍⚖️

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Former U.S. Treasury Secretary: Weak employment brings the Fed one step closer to a 50 basis point rate cut ✂️📉

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Leader of Venezuelan Opposition says "We are grateful for the lifeline that Bitcoin provides and look forward to embracing it in a new, democratic Venezuela." 🇻🇪🪙

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🗞 September 6, 2024 cryptocurrency news highlights

【Cryptocurrency】
UK financial regulator: Only 4 of 35 cryptocurrency registration applications met the standards and were approved

【Economy】
🇻🇪 Leader of Venezuelan Opposition María Corina Machado proposes using Bitcoin as a national reserve asset.

Arthur Hayes: Bitcoin is expected to fall below $50,000 this weekend, and short selling has been carried out

🗞The total market value of the crypto market fell sharply by 13.1%, and the market stabilized on expectations of interest rate cuts

【Indicators】
The percentage of Bitcoin that hasn't moved in over ten years is now at 16.84%

A whale has withdrawn 1,145 BTC from Binance in the past four days, equivalent to about 65.07 million US dollars

Tyr Capital CEO: Bitcoin may close above $60,000 in September

【More】
Hunter Biden to plead guilty to federal tax crimes today, faces up to 17 years in prison👨‍⚖️

The UK's FCA reported an 87% failure rate for crypto registrations by March 31, 2024, with only 4 of 35 approved, including BNXA, PayPal UK, and Komainu.

Pavel Durov: Telegram is ready to exit markets that are incompatible with its platform principles

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🚨BREAKING: Barclays initiates coverage on MicroStrategy with a price target of $146 🙌

“MicroStrategy stock offers unique Bitcoin exposure with built-in capital generation”

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