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Huge Update โ๏ธ โ๏ธ โ๏ธ
Trump is open to creating the first US-based crypto reserve.
President-elect Trump is reportedly open to creating a strategic reserve that prioritizes US-based coins such as SOL, USDC, and XRP.
Trump is open to creating the first US-based crypto reserve.
President-elect Trump is reportedly open to creating a strategic reserve that prioritizes US-based coins such as SOL, USDC, and XRP.
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Trump-backed World Liberty Financial bought another 3,079 ๐ฒ ETH worth ๐ฒ 10M and 10.61M ๐ฒ TRX worth ๐ฒ 2.65M.
It currently holds 55,625๐ฒ ETH and 40.72M ๐ฒ TRX
It currently holds 55,625
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JUST IN: ๐บ๐ธ Goldman Sachs just disclosed owning ๐ฒ 710 MILLION #Bitcoin through ETFs - SEC fillings
This is via 13F filings which is what institutions file to the SEC to disclose what they are holding for their clients.
Effectively #๐ค itcoin is in demand everywhere and Goldman has no choice but to execute or lose their wealth management customers.
This is via 13F filings which is what institutions file to the SEC to disclose what they are holding for their clients.
Effectively #
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MicroStrategy always buys more
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โTHIS IS THE WORST #BITCOIN CYCLE EVER!โ ๐ญ
NOPE!
โข In 2016, 20,200 โฟitcoin โฟlocks after the halving, โฟitcoin was struggling near the red-line floor/support. This was a worse scenario.
โข In 2020, 20,200 โฟitcoin โฟlocks after the halving, โฟitcoin was between green-line linear-regression and red-line floor/support. Same as today.
โข Today, in 2024, 20,200 โฟitcoin โฟlocks after the halving, just like in 2020, โฟitcoin is between green-line linear-regression and red-line floor/support.
NOPE!
โข In 2016, 20,200 โฟitcoin โฟlocks after the halving, โฟitcoin was struggling near the red-line floor/support. This was a worse scenario.
โข In 2020, 20,200 โฟitcoin โฟlocks after the halving, โฟitcoin was between green-line linear-regression and red-line floor/support. Same as today.
โข Today, in 2024, 20,200 โฟitcoin โฟlocks after the halving, just like in 2020, โฟitcoin is between green-line linear-regression and red-line floor/support.
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๐ช Centralized Exchanges See $26B in Bitcoin and Ethereum Outflows Since January
๐ฅ Over the past seven months, data from cryptoquant reveals a staggering $26 billion worth of bitcoin and ethereum has been pulled from centralized crypto exchanges. During the same period, trading platforms have seen an influx of $9.1 billion ERC20-based tethers since Jan 1.
๐ฅ Over the past seven months, data from cryptoquant reveals a staggering $26 billion worth of bitcoin and ethereum has been pulled from centralized crypto exchanges. During the same period, trading platforms have seen an influx of $9.1 billion ERC20-based tethers since Jan 1.
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๐ช Bitcoin Bulls Charge Toward $62K as Fedโs Minutes Triggers Market Frenzy
๐ Bitcoinโs price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just before the closing bell. This newfound optimism is largely being credited to the Federal Reserveโs minutes report, hinting at a likely rate cut next month.
๐ Bitcoinโs price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just before the closing bell. This newfound optimism is largely being credited to the Federal Reserveโs minutes report, hinting at a likely rate cut next month.
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Weekly U.S. Bitcoin ETFs Net Flow Analysis ๐
Despite these positive movements, the overall weekly net flow for U.S. Bitcoin ETFs resulted in a net outflow of -2,175 BTC, equivalent to a value decrease of approximately $131.6 million.
This week's data reflects a complex landscape with divergent investor behavior across different ETFs, highlighting both areas of growth and caution in the market.
Despite these positive movements, the overall weekly net flow for U.S. Bitcoin ETFs resulted in a net outflow of -2,175 BTC, equivalent to a value decrease of approximately $131.6 million.
This week's data reflects a complex landscape with divergent investor behavior across different ETFs, highlighting both areas of growth and caution in the market.
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In six months, cryptocurrency hackers stole $1.58 billion worth of cryptocurrency.๐ฎ
โ๏ธFor the most part, this amount is due to the growth of rates. The number of hacks increased by only 2.76%.
โ๏ธAt the same time, crypto criminals are increasingly targeting centralized exchanges with higher potential โincomeโ compared to DeFi platforms.
โ๏ธRansomware is also called a growing threat. The total amount of ransoms paid this year reached $459.8 million.
โ๏ธFor the most part, this amount is due to the growth of rates. The number of hacks increased by only 2.76%.
โ๏ธAt the same time, crypto criminals are increasingly targeting centralized exchanges with higher potential โincomeโ compared to DeFi platforms.
โ๏ธRansomware is also called a growing threat. The total amount of ransoms paid this year reached $459.8 million.
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