Dr. Lacy Hunt's measure of money spent - other deposits held by US banks - continues to fall, down $1.72 trillion. dollars compared to its peak. This is a real experiment. Our Social Networks : X.com Telegram Facebook Instagram
We are seeing fairly weak BTC returns following FOMC meetings when rates are raised. Even with the emergence of a spot-based ETF, further rate increases will prevent BTC from reaching its highs, according to experts. Our Social Networks : X.com Telegram Facebook Instagram
Animoca Brands has acquired Web3 streaming platform Azarus. The purchase price is unknown. Azarus allows you to broadcast games and interact with your audience in real time. The platform uses tokens as incentives. Our Social Networks : X.com Telegram Facebook Instagram
Uniswap DAO has voted to invest 3 million UNI ($12 million) from its coffers into the Ekubo decentralized exchange. For this, Uniswap DAO will receive a 20% share of the Ekubo management token. Our Social Networks : X.com Telegram Facebook Instagram
💰 According to WSJ sources, Google will invest up to $2 billion in AI startup Anthropic. The agreement includes an initial $500 million upfront and an additional $1.5 billion in the future. Our Social Networks : X.com Telegram Facebook Instagram
Cryptocurrency exchange Gemini has filed a lawsuit against Genesis Global Capital demanding access to more than 62 million shares of GBTC worth $1.6 billion, CoinDesk reports. “Today, the security is valued at approximately $1.6 billion. The amount fully covers and satisfies the claims of each Earn user,” the lawsuit says. The platform's lawyers noted that Genesis promised to provide GBTC shares as collateral for loans from exchange users under the Gemini Earn program. Our Social Networks : X.com Telegram Facebook Instagram
Bloomberg analyst Eric Balchunas reported that investment firm Roundhill has filed to launch a new Bitcoin ETF called the Bitcoin Covered Call ETF. The fund will hold the futures ETF and then write call and put options to generate income. Our Social Networks : X.com Telegram Facebook Instagram
🔔BITOK WAS NOT SURPRISED! The big game is going according to plan! ▪️BTC – $34268 0.18%. ▪️🔼 — TAO, RNDR, BTT. ▪️🔽 — HEX, EHEX, RLB. ▪️BTC dominance - 54.01%. ▪️Altseason index 20. ▪️Investor Greed 72🔥 WHAT TO EXPECT? BTC, despite the expectation of a rollback, is trading in a flat (sideways) over the weekend. This means that price movements on the chart fit into a certain channel. The price rises to the top of the channel and falls, but not below the lower zone of the channel. There is no negative news on the market. The overall market structure looks noticeably bullish, indicating a potential strong market-wide rally in the near future. Our Social Networks : X.com Telegram Facebook Instagram
After the recent #Bitcoin price rally, we can observe two interesting events on the chain: - Short-term holders have been “selling” for maximum profit since April. - Whales are spending at the highest level since June. Our Social Networks : X.com Telegram Facebook Instagram
#Bitcoin Price Estimation Bands Based on Network Value Signal: Support at $25.7K Resistance at $51.5K Since 2021, the price has mainly moved between these ranges Our Social Networks : X.com Telegram Facebook Instagram
Large-cap tech stocks are still trading well above their 10-year average valuations, even after the Nasdaq 100 went into correction this week. Our Social Networks : X.com Telegram Facebook Instagram
JP Morgan CEO Jamie Dimon announced plans to sell 1 million shares of his $JPM holdings starting in 2024. This would represent approximately 12% of his total shares and would be his first sale since taking over as CEO more than 17 years ago. Our Social Networks : X.com Telegram Facebook Instagram
