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Money & Crypto News

Harris's major donors demand replacement of SEC and FTC chairmen after victory📣

🖥 Read Here

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USDC Treasury minted another 50 million USDC this morning and transferred them to Coinbase😃

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This is what's happening in our society right now. Pay attention.🤝

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A new report from Bitcoin fintech company River forecasts that 10% of U.S.-based companies will convert 1.5% of their treasury reserves, approximately $10.35 billion, into Bitcoin within the next 18 months 🪙

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🗞 September 9, 2024 cryptocurrency news highlights

【Cryptocurrency】
The price structure of Bitcoin this year is similar to that of 2019, and next week may usher in a critical moment for the market 💸

Placeholder Partner: Although BTC and ETH are in a consolidation period, they still believe the future is bright

Economy
Bitcoin contract holdings across the network fell to US$28.396 billion, a 6% drop in the past week

Fractal Bitcoin announces FB token economics, community allocation accounts for 80%💥

Indicators
USDC Treasury minted 50 million USDC this morning and transferred them to Coinbase💲

USDe supply fell below 2.7 billion, down about 25.5% from its high point📉

The cumulative net inflow of U.S. Bitcoin spot ETFs is US$16.897 billion 💸

More
“Bitcoin is being traded as a risk asset, when in fact btc is “protection” or insurance.” 💪

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Fractal Bitcoin announces FB token economics, community allocation accounts for 80%💥

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Placeholder Partner: Although BTC and ETH are in a consolidation period, they still believe the future is bright

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The price structure of Bitcoin this year is similar to that of 2019, and next week may usher in a critical moment for the market 💸

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JACK MALLERS: 🟠 Bitcoin is the exit door, a way to protect yourself from government-induced currency debasement." 💯

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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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A whale that is long on ETH on leverage liquidates its position, with an estimated loss of $17.51 million🔹

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The probability that the Federal Reserve will cut interest rates by 25 basis points in September is 71% .💰

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Samson Mow: “Altcoins inevitably lead to some form of blowup." 📈

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🇸🇻 El Salvador adopted Bitcoin as legal tender 3 years ago today

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“Bitcoin is being traded as a risk asset, when in fact btc is “protection” or insurance.” 💪

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The cumulative net inflow of U.S. Bitcoin spot ETFs is US$16.897 billion 💸

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Bitcoin contract holdings across the network fell to US$28.396 billion, a 6% drop in the past week

According to Coinglass data, the current Bitcoin contract holdings on the entire network have dropped to 28.396 billion US dollars, a decrease of 6% in the past week. Ethereum contract open interest fell to $10.346 billion, a decrease of less than 2%.nv

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USDe supply fell below 2.7 billion, down about 25.5% from its high point📉

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USDC Treasury minted 50 million USDC this morning and transferred them to Coinbase💲

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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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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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Money & Crypto News

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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