BBC CRYPTO & FINANCES™
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🔄 CZ is officially out

One of the brightest GMs in history. Looking forward to CZ's active inclusion in the market 🫡
Binance is introducing pre-market spot trading!

This new service enables users to buy and sell real tokens prior to their official launch. 🚀

While other exchanges provide similar features, they focus on derivatives rather than actual tokens.

Only tokens from Binance Launchpool will be available for pre-market trading.💲
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Larry Fink: “I was a naysayer, but now I’m a big believer in #Bitcoin.” 🚀

#BlackRock holds 365,310 BTC, valued at $24B! 🔥
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THROWBACK: 💰 An excellent review of the emergence of #Bitcoin as a new asset class and the growing appreciation of $BTC as a global, digital store-of-value by Deirdre Bosa 🎙
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🇺🇸 SAYLOR: 💰 “99% of Bitcoin will be mined by January 2, 2035.”

We’re currently at 94% with about 1.2 million supply left to be mined
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NEW: 🇺🇸 The Federal Reserve just approved a $2.35B bank bailout❗️
JUST IN: 🇺🇸 World’s largest futures exchange CME Group announced that its 💰 #Bitcoin Friday futures have launched and are available for trading 🔥
🔥 BULLISH: 🇯🇵 Metaplanet Acquires Around ¥215 Million Worth of Bitcoin
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FYI: 💰 Only 0.26% of global population can be a #Bitcoin whole coiner.
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💰 Polymarket bettors estimate a 60% chance that the HBO documentary will claim Len Sassaman is Satoshi Nakamoto
🔥 BREAKING: Solana💰 based trading bot #Photon flipped #pumpdotfun in yearly revenue.

Photon Revenue: $117.68M

Pump Revenue: $116.45M
🥸The European Union decided to impose customs duties of up to 45% on Chinese electric cars.

Before that, America and Canada imposed 100% customs.

The main reason for this is the West's desire to curb China's growth and development in this particular industry, and to protect America's spoiled son, Tesla.

Same thing they did with Huawei to protect Apple.
Why do I need diversification?

Asset diversification is an investment strategy in which you allocate your assets in various areas to minimize the risk of loss.

If one of your coins in your portfolio starts to fall, your portfolio can remain stable (or even show profits) at the expense of other coins.

In crypto, diversification is crucial.

Since digital assets are extremely volatile, investing in just one coin can cause huge losses.

Moreover, it is recommended to diversify even stablecoins—just in case one of them suddenly collapses—you don’t lose all your money.
Binance delists Tornado Cash and Waves

Binance will delist a number of cryptocurrencies including Tornado Cash (TORN), NEM (XEM), Waves (WAVES) and automatically convert them to USDC.

Users will be able to withdraw affected tokens until October 28, 2024.
Cardi B promotes WAP memcoin

Cardi B's official X account published a video promoting the WAP memtoken, presumably named after her song.

Despite suspicions that the account has been compromised, the promotional post about the WAP token is still on Cardi B's page, even hours after it was published.
JUST IN: Peter Todd denies claims made in an HBO documentary that he is the creator of Bitcoin, Satoshi Nakamoto.
🗓 Uptober is still on

CryptoQuant analysts reminded that over the past 6.5 months, the maximum average Bitcoin drop was 10% (excluding August, when the price fell by 22%).

🔽The current drop is 7%.

"Just because Uptober started off poorly doesn’t mean it will end the same way."


Additionally, growth traditionally begins in the second half of the month—starting from the 19th.
U.S. inflation numbers are out:

⚫️ CPI: 2.4% YoY, 0.2% MoM
⚫️ Expected: 2.3% YoY, 0.2% MoM

Slightly higher than forecasted—keep an eye on how this might impact the markets! #Inflation #CPI #Finance
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🚨JUST IN: Mt. Gox has extended its repayment deadline by a year to October 31, 2025