“Rari Capital and its founders misled investors and operated as unregistered securities brokers.”
“Earn pools and Fuse pools operated as cryptocurrency investment funds.”
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- $146,680,000 worth of SHORT positions liquidated in 24 hours (coinglass)
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1. USA – $12,160,000,000
2. UK – $3,670,000,000
3. Bhutan – $785,460,000
4. El Salvador – $351,750,000
Honorable Mention – Germany Now Has “ZERO” (After $3.56 Billion Sale)
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Investors expect strong volatility + talk of RECESSION is intensifying amid the Fed's rate cut by 50 bps at once.
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🎥 #ETH was released a documentary about Vitalik Butaterina - “Vitalik: An Ethereum Story” (Theblock)
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Historically, the bullish trend of BTC has been accompanied by an increase in M2 + to this is added the easing of the monetary policy of global central banks.
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+ #inside from Reuters - "Kamala Harris will show the way to wealth accumulation as early as this week"
+ Standard Chartered: Bitcoin will grow to $200,000 by the end of 2025 (under any US president)
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#calendar
⚡️ Calendar of key events for this week
Monday, September 23rd:
🇯🇵 Japan - no trading - Autumn Equinox
🇺🇸 USA - Manufacturing/Services/Composite PMI (Sep)
Tuesday, September 24th:
- Nothing important.
Wednesday, September 25th:
- Nothing important.
Thursday, September 26th:
🇺🇸 USA - GDP (Q2)
🇺🇸 USA - Initial Jobless Claims
🇺🇸 USA - Durable Goods Orders (Aug)
🔥 USA - Speech by J. Powell
🇺🇸 USA - Fed Balance Sheet
Friday, September 27:
🔥 USA - PCE Price index (Aug)
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▫️Eric Balchunas: “The SEC’s decision is just one step in the approval process, and we still need the green light from the OCC and CFTC.”
▫️Bitwise: “The launch of BlackRock Spot Bitcoin ETF options will lead to a significant increase in volatility.”
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The coins are minted from 999 fine silver. Trump himself is depicted on the obverse, and the White House is depicted on the reverse.
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👟 #GMT STEPN GO and Adidas announced a collaboration – announcement
A mint of a new NFT collection will be opened on September 25 (circulation = 1000 pcs)
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#opinion 🤔 In Q4 2016, Bitcoin grew by 61%, in 2020 – by 171%. What awaits us in Q4 of this year? History may repeat itself… (Ali Martinez)
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🇺🇸 US Macro Data:
▪️ Manufacturing PMI (Sep)
ACTUAL: 47.0
FORECAST: 48.6
PREV: 47.9
▪️ S&P Global Composite PMI (Sep)
ACTUAL: 54.4
FORECAST: 54.3
PREV: 54.6
▪️ Services PMI (Sep)
ACTUAL: 55.4
FORECAST: 55.3
PREV: 55.7
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Tezos announced a partnership with Oobit (#OBT).
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FTX clients should have all debts repaid within Q4 2024 (in fiat) .
Analysts predict "inevitable tozemun" due to increased liquidity, as retail investors begin to reinvest their money in crypto.
+ tomorrow there will be a hearing on the case of the head of Alameda Research (Caroline Ellison).
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#rumors
Hackers from “Greavys” allegedly stole email addresses, phone numbers and residence information.
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#opinion
1. Unrealized losses of US banks on securities are now seven times higher than at the peak of the 2008 crisis - already $ 512,900,000,000.
2. The number of "problem banks" increased to 66 in the first quarter of 2024 (FDIC data).
3. Regional banks account for 70% of outstanding debt on commercial real estate.
4. The number of full-time jobs fell by 1,000,000 in a year.
5. In 3 years, the government "burned" $ 2,100,000,000,000 of excess reserves.
6. The US national debt has already increased to $ 35,300,000,000,000+.
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#financial flows
▫️Capital INFLOW into the crypto industry for the week = $321,000,000.
▫️Capital inflow into crypto products related to #BTC = $284,000,000.
▫️Capital OUTFLOW from crypto products related to #ETH = $28,500,000.
▫️Last week there was a minor capital inflow into crypto products related to #SOL, #LTC and #XRP.
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