💲 Global liquidity rose to $174.67 trillion, a new all-time high
The figure has grown by $1.13 trillion in the past week alone
💡 Global liquidity is the total amount of money circulating in the global financial system, including cash, bank deposits, money market mutual funds, and other assets close to money.
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The figure has grown by $1.13 trillion in the past week alone
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NEW: 💰 BlackRock’s #Bitcoin ETF now has the third largest YTD flows among all Global ETFs 👀
Bitcoin has shaken up the Wall St.
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Bitcoin has shaken up the Wall St.
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•The Twitter account of McDonald's marketing director was likely hacked as well. Both posts promoting the token have been deleted.
•The attackers managed to earn $700,000 in a short time.
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👥 Binance is set to hire 1,000 new employees this year, with 20% focused on compliance, increasing its compliance team to 700 by the end of 2024.
This move follows Binance's $200 million annual spend on regulatory compliance. CEO Richard Teng emphasized Binance's commitment to security, noting a rise in law enforcement requests and recent successes in recovering stolen funds.
🤝 @Cryptocurrency_Inside ✅
This move follows Binance's $200 million annual spend on regulatory compliance. CEO Richard Teng emphasized Binance's commitment to security, noting a rise in law enforcement requests and recent successes in recovering stolen funds.
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🇺🇸 Bitcoin futures open interest surged by $1.3 billion following the release of the U.S. Federal Reserve's July meeting minutes, which suggested a possible rate cut in September.
This increase in open interest indicates growing trader confidence in Bitcoin's price movement, though opinions remain divided on whether prices will rise or fall.
What's your prediction?
👍 - Price will go UP
🌚 - Price will go DOWN
🤝 @Cryptocurrency_Inside ✅
This increase in open interest indicates growing trader confidence in Bitcoin's price movement, though opinions remain divided on whether prices will rise or fall.
What's your prediction?
👍 - Price will go UP
🌚 - Price will go DOWN
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🇺🇸 Spot Ethereum ETFs in the U.S. have experienced a significant outflow, losing $92.2 million over five days, marking their longest streak of outflows since their July 23 launch.
In contrast, Bitcoin ETFs have continued to attract investments, maintaining a positive net flow despite large outflows from the Grayscale Bitcoin Trust.
🤝 @Cryptocurrency_Inside ✅
In contrast, Bitcoin ETFs have continued to attract investments, maintaining a positive net flow despite large outflows from the Grayscale Bitcoin Trust.
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NEW: 🇨🇼 Bitcoin faucet at the Eden Mall in Curaçao gives out 10,000 free sats every hour from 10am - 7pm
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NEW: 💰 Bitcoin OTC desk balances for miners have increased 70% since June, reaching a 2-yeah high of 368K BTC in August 📈
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🤔 The Bitcoin network saw a sharp spike in the amount of fees collected (from 0.5 BTC to 60 BTC per hour)!
•This was due to transactions sending BTC to stake in the new Babylon protocol
•The total staking size was limited to 1,000 BTC, which created a temporary rush. Each staking transaction cost users about 0.05 BTC
•Once the staking limit was reached, fees and transactions began to return to normal
🤝 @Cryptocurrency_Inside ✅
•This was due to transactions sending BTC to stake in the new Babylon protocol
•The total staking size was limited to 1,000 BTC, which created a temporary rush. Each staking transaction cost users about 0.05 BTC
•Once the staking limit was reached, fees and transactions began to return to normal
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🚨 BREAKING 🚨
RFK Jr. has officially withdrawn. Trump is now leading on Polymarket, with Kennedy’s upcoming address in Arizona sparking speculation about his next move.
What could this mean for the future of the election?
🤝 @Cryptocurrency_Inside ✅
RFK Jr. has officially withdrawn. Trump is now leading on Polymarket, with Kennedy’s upcoming address in Arizona sparking speculation about his next move.
What could this mean for the future of the election?
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🤓Cardano Returns to Top 10 Largest Cryptocurrencies
Over the past week, the ADA token has grown in price by 15% and once again surpassed TRX in terms of capitalization, which briefly became the leader amid the excitement around the SunPump platform.
However, the daily trading volume on the exchanges monitored by Coinmarketcap is three times higher for TRX than for ADA.
🤝 @Cryptocurrency_Inside ✅
Over the past week, the ADA token has grown in price by 15% and once again surpassed TRX in terms of capitalization, which briefly became the leader amid the excitement around the SunPump platform.
However, the daily trading volume on the exchanges monitored by Coinmarketcap is three times higher for TRX than for ADA.
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NEW: 💰 Michael Saylor explains how #Bitcoin is the only form of clean money we have.
“0.1% of the economy has clean money and 99.9% of the economy runs on dirty toxic assets.”
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“0.1% of the economy has clean money and 99.9% of the economy runs on dirty toxic assets.”
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Tether Recovers $108.8M in USDT Linked to Illicit Activity Since 2014
🔎 Since 2014, Tether has successfully redistributed $108.8 million in USDT that was involved in illicit activities. This effort underscores Tether's commitment to maintaining security and integrity in the stablecoin market.
💪 By taking swift action, Tether continues to reinforce trust and safety within the crypto ecosystem.
@Cryptocurrency_Inside
🔎 Since 2014, Tether has successfully redistributed $108.8 million in USDT that was involved in illicit activities. This effort underscores Tether's commitment to maintaining security and integrity in the stablecoin market.
💪 By taking swift action, Tether continues to reinforce trust and safety within the crypto ecosystem.
@Cryptocurrency_Inside
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🤓 Fed Chairman Jerome Powell hinted that they are ready to cut rates.
He emphasized that the Fed does not want further measures to lead to a weakening of the labor market, and also noted that inflation continues to decline and is moving towards the target level of 2%.
@Cryptocurrency_Inside
He emphasized that the Fed does not want further measures to lead to a weakening of the labor market, and also noted that inflation continues to decline and is moving towards the target level of 2%.
@Cryptocurrency_Inside
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Bitcoin's Coinbase premium hit a 39-day high as the price reclaimed $63K. The Coinbase Premium Index, which measures the gap between $BTC prices on Coinbase Pro vs Binance, reached 0.0114 - its highest since July 15. This suggests increased US investor demand.
The surge in demand followed Fed Chair Jerome Powell's speech at Jackson Hole, where he indicated that interest rate cuts were likely, though no specific timeline was given.
Do you think $BTC will surge further this coming week?
👍 Yes
👎 No
@Cryptocurrency_Inside
The surge in demand followed Fed Chair Jerome Powell's speech at Jackson Hole, where he indicated that interest rate cuts were likely, though no specific timeline was given.
Do you think $BTC will surge further this coming week?
👍 Yes
👎 No
@Cryptocurrency_Inside
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⚡️ BREAKING: $TON ❄️ flips $DOGE 🐶 in market cap to become the 8th largest cryptocurrency in the world.
@Cryptocurrency_Inside
@Cryptocurrency_Inside
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🇸🇻 Arkham Intelligence reports that the wallet that is attributed to the El Salvador government, now holds 5,851 Bitcoin, valued at roughly $356.4 million 🔥
@Cryptocurrency_Inside
@Cryptocurrency_Inside
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