πΊπΈπ§ The US Department of Justice has opened a criminal investigation of Fed chief Lisa Cook.
π½π Michael Saylor's #BTC Strategy meets all criteria for inclusion in the S&P 500 - bloomberg
π₯³ Blink Charging (#BLNK) plans to introduce a cryptocurrency payment feature to its network of charging stations by the end of 2025.
π΅οΈββοΈ #ETH Due to the price drop, 2 wallets (possibly belonging to the same whale) panic-sold 3,690 ETH ($15.6M) that they just bought yesterday, taking a $944K loss. 1|2
πΊπΈπ£ SEC Chair Paul Atkins says providing regulatory framework for crypto is a 'key priority.' - It's a new day at the SEC.
ππ€ #BTC Over the past 18 months, Bitcoin has experienced five separate corrections of -24% or more from its ATH.
By comparison, the current drawdown is only -12%, which is about half the depth of previous pullbacks.
By comparison, the current drawdown is only -12%, which is about half the depth of previous pullbacks.
πΌπ #BTC Public companies worldwide now hold over 1,000,000 Bitcoin. That's 4.7% of Bitcoin's total supply.
πΊπΈπΆ #DOGE Eric Balchunas: REX Shares will likely launch the first US ETF on Dogecoin as early as next week.
ππ€ #BTC Analysts at Tephra Digital expect Bitcoin to rise to $167k-185k by the end of this year if correlation with M2 and Gold continues.
Bitcoin still continues to follow the money supply of global CBs with a lag of about 100 days (since September 2023).
Bitcoin still continues to follow the money supply of global CBs with a lag of about 100 days (since September 2023).
π #BTC Santiment: There is a major bullish divergence that has been forming over the past two weeks:
- Bitcoin's market value has DROPPED -5.9% since Aug. 22nd
- S&P 500 has RISEN +0.4% since Aug. 22nd
- Gold has RISEN +5.5% since Aug. 22nd
In cases like this divergence over the past 2 weeks, Bitcoin (and altcoins) have a high probability of playing "catch up" when they trail world economy price trends for a sustained period of time.
- Bitcoin's market value has DROPPED -5.9% since Aug. 22nd
- S&P 500 has RISEN +0.4% since Aug. 22nd
- Gold has RISEN +5.5% since Aug. 22nd
In cases like this divergence over the past 2 weeks, Bitcoin (and altcoins) have a high probability of playing "catch up" when they trail world economy price trends for a sustained period of time.
ππ #ETH balance on exchanges has hit a 3-year low, signaling strong demand for the token.
π₯· #ETH Hackers are hiding malware in Ethereum smart contracts, disguising malicious traffic as normal blockchain activity, ReversingLabs reports.
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π£ #BTC Bitwise says institutions are moving from 1% BTC allocations to 5%+
Thatβs a potential $1.5T wall of demand coming from the $100T institutional market. With Bitcoinβs fixed 21M supply, the supply shock ahead could be historic.
Thatβs a potential $1.5T wall of demand coming from the $100T institutional market. With Bitcoinβs fixed 21M supply, the supply shock ahead could be historic.
π° A16z-backed Lead Bank reaches $1.47 billion valuation thanks to a $70 million raise. theblock.co