🔥Crypto News - Crypto World

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Calendar of major project events in August

#drop #events

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🐲 MeMefi is an attractive project that is worth taking part in

The number of active users is only growing, which can't help but please.

Here are the most interesting things

🤣

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🔥Crypto News - Crypto World

🇺🇸 A bill proposing to make Bitcoin a US reserve asset has been formally introduced to Congress and referred to the Senate Banking Committee

#BTC #USA

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🔥Crypto News - Crypto World

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Blum is apparently planning on listing very soon.

And while there is still time to get into the project, you should take this chance.

This is the place to start

✔️

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🔥Crypto News - Crypto World

💸 Record monthly outflow of BTC for the last 9 years

Over 84,000 BTC. Glassnode analysts report.

The last time such a figure was recorded in 2015, when the price of BTC was about $220.

#BTC

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🔥Crypto News - Crypto World

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Decided to make a super useful selection of channels for you, each of which will close the need to keep up to date with everything that is happening in the world of cryptocurrencies:

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ITS CRYPTO - Invest/Trade/Strategy — the ITS team shares their trades, portfolio and trading strategies, and you will also find tutorials here.

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Sigma crypto chad — the author of the channel has 12 years of trading experience and a stellar cryptocurrency team, here he shares savvy ideas and trades.

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Crypto Vestor - Crypto Trends — a channel about cryptocurrency and finance, where there is always the latest news, analytics and tips for successful investing in digital assets and financial markets.

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🔥Crypto News - Crypto World

☄️BTC has fallen below $50,000

#btc

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🔥Crypto News - Crypto World

💬 Robert Kiyosaki reacted to the falling markets

"Bitcoin and all the markets are crashing. Yay. Getting ready to buy more gold, silver, BTC. Dips are times when the brave get richer and the cowards get poorer. Because they sell out or do nothing. The world is full of miserable cowards."

#btc

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🔥Crypto News - Crypto World

📊 The average BTC drawdown over the last 36 months is -16.6%, with a maximum peak of -23%.

The current drawdown reaches -16.4%.

#BTC

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🔥Crypto News - Crypto World

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Monday, flight normal 🙏

#btc #eth

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🔥Crypto News - Crypto World

🕒 Justin Sun is our hero?

He said he is setting up a $1bn fund to fight FUD, increase investment and provide liquidity.

No details on what's what yet.

#fud

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🔥Crypto News - Crypto World

▶️ And this is how the U.S. Stock Market opens (ugly)

Losses: $1.9 trillion.

S&P Index - 4.2%
NASDAQ100 - 5.4%

#stockmarket #usa

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🔥Crypto News - Crypto World

😠 JPMorgan expect the Fed to cut interest rates by 50 bps in September

50 bps in November and 25 bps in December.

The probability of a 25 bp rate cut in September is 78% and the probability of a 50 bp cut is 22%. - 22%.

JPMorgan expects the Fed to eventually cut the benchmark rate to around 3%, which means rate cuts will continue until the third quarter of 2025.

#JPMorgan

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🔥Crypto News - Crypto World

🖥Main for 05.08:

BTC has fallen below $50,000

Japanese fund falls

Cryptocurrency Exchanges Identify Likely Causes of Market Crash

JPMorgan expect the Fed to cut interest rates by 50 bps in September

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🔥Crypto News - Crypto World

😏 BlackRock, Fidelity, Grayscale and MicroStrategy did not sell their bitcoins despite the market collapse - Arkham

#btc

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🔥Crypto News - Crypto World

🪙 Spot BTC ETFs topped $1.3bn in the first 30 minutes of trading last night as trading began

#btc #etf

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🔥Crypto News - Crypto World

👻 Trump market fear and greed index falls to 17 - a new low since 2022

#feargreed

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🔥Crypto News - Crypto World

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🇺🇸 Donald Trump on Adin Ross's stream yesterday

Trump stated that cryptocurrency is the modern form of currency. If this digital asset is not handled by the US, China will. Trump also warned the current administration against selling BTC.

And towards the end of the interview, Ross presented Trump with a Cybertruck.

#trump #usa

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🔥Crypto News - Crypto World

😗 Vitalik Buterin highlighted the advantages of Arbitrum and Optimism

Vitalik expects EVM-compatible ZK networks to join Arbitrum and Optimism soon.

Buterin said that people will be surprised how quickly interoperability issues between L2 solutions will cease to be problems and we will get a smooth interaction with the ETH ecosystem.

#Buterin #ARB #OP

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🔥Crypto News - Crypto World

📈 Richard Teng reported net daily inflows of $1,200,000,000 on the exchange

This is one of the largest net inflows on Binance in 2024.

Yesterday, the exchange also recorded one of the highest trading volumes since the beginning of the year.

#binance

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🔥Crypto News - Crypto World

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Peter Szilagyi has expressed his frustration with the cryptocurrency industry

Cryptocurrencies are a bloody casino and the speculative aspects are too much dominated by true value. All cryptocurrency has achieved is a huge transfer of value, but so far I don't see any value creation.

#eth #market

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