📉 According to the CoinShares weekly fund flow report, the trend continues with a net outflow of approximately $9.1 million from digital asset investment products last week. This marks the sixth consecutive week of outflows. 💨
💰 Among these outflows, there was a net outflow of $5.9 million from Bitcoin (BTC) investment products and a net outflow of $2.8 million from short BTC products, which are essentially bets on BTC's decline. 📉🪙
🚀 Additionally, Ethereum (ETH) products experienced a net outflow of $2.2 million. 📈 #CryptoInvestments #FundFlowReport #Bitcoin #Ethereum 📊💹

🛑 The TerraClassic (LUNC, formerly LUNA) community has spoken! 🗳️ Following a successful proposal on the governance forum, TerraUSD (USTC, formerly UST) mining will cease after receiving a 59% approval rating. 📈
👥 Some community members believe this move will aid in restoring the pegging of USTC, which is currently valued at around 1 cent. 💱
🌐 Terra Classic, created by Terraform Labs, operates as an independent blockchain separate from Terra 2.0—a fork version established after Terra's previous setbacks. 🪙 #TerraClassic #CryptoGovernance #USTC 🚀🔒

📉 According to cryptocurrency analyst Benjamin Cowen, a sobering outlook for many altcoins looms, with no recovery in sight for the year. 😕
📊 Cowen believes that while the altcoin market may eventually bounce back, it's highly probable that numerous altcoins won't reach new all-time highs. 📉
💰 The total market capitalization of altcoins experienced fluctuations, hovering around $323.5 billion before dropping to around $290 billion. 📈
💡 Cowen suggests that a true 'renaissance' for altcoins might only come after the Federal Reserve's pivot next year. 🏦🔄 #AltcoinAnalysis #CryptoMarketTrends #FedPolicy 🪙📊

🚨 Cyber Alerts, a security platform, has made an official announcement! 📢
🔍 They've detected the first transaction involving a transfer of 19,000 ETH (approximately $30 million) from a specific address starting with "0x355" to an address associated with the Mixin hacker. ⏰ This transaction occurred around 11:47 PM on the 22nd.
🔒 Cyber Alerts also mentioned that they are actively analyzing additional transactions related to this incident.
📣 Previously, Mixin addressed the hacking damage, stating that while the exact amount of damage isn't disclosed yet, it's not considered severe. They plan to compensate up to 50% of the incurred damage. 🛡️ #CryptoSecurity #CyberAlerts #HackingIncident 💰🔒

📉 CoinDesk's prognosis: As U.S. Treasury yields climb, Bitcoin and the S&P 500 index may see simultaneous declines to close out September. 📅
📊 The equity risk premium (ERP), which gauges stock appeal compared to 10-year U.S. Treasury bonds, is at its lowest point since 2009. 📈
💰 For Bitcoin, maintaining the current $26,100 price until month-end would result in a -14% price change for Q3. 😬
🗣️ Alex MacFarlane, co-founder of Keyring Network, a zero-knowledge-based oracle platform, highlights that unlike U.S. Treasury bonds, Bitcoin is a high-risk asset with no stable returns guaranteed. 🚀 With government bond yields on the rise, it faces challenges as investors rebalance their portfolios. 📈🪙 #BitcoinAnalysis #MarketTrends #CryptoInsights 📊💹

🚀 Big news in the crypto world! 📈 Last week, 11 cryptocurrency startups successfully secured a total of $115 million in funding. 🌐
🎮 Interestingly, the gaming sector emerged as the front-runner, drawing the most significant investments. 🎮💰
🎮 The standout was the on-chain game studio Proof of Play, which raked in an impressive $33 million. 🚀 This funding round was led by Andreessen Horowitz (a16z). 💼👏 #CryptoStartups #FundingNews #CryptoGaming 🪙🚀

📈 According to CME Fedwatch from the Chicago Mercantile Exchange, traders are making predictions for the upcoming FOMC meeting in November. 🏦
🔒 They currently anticipate a 73.7% probability that the U.S. Federal Reserve will maintain the benchmark interest rate without any changes. 📊
📈 A 26.3% probability is assigned to a 25 basis point (baby step) increase. 📈 #FedInterestRate #MarketPredictions #CMEFedwatch 🇺🇸📊

📉 Insights from 'Crazyblock,' a CryptoQuant contributor and Bitcoin on-chain analyst! 📊 He's observed a concerning trend: declining liquidity in the BTC markets this year. 💧
💱 Spot trading volume has seen a drastic 94% drop, while derivatives trading volume has decreased by 73% since March. 📈💼
💡 BTC trading volume plays a vital role in maintaining liquidity for price increases. 📈 The recent decline suggests a potentially precarious and unstable market situation. 📉 #BitcoinLiquidity #CryptoAnalysis #MarketTrends 🪙📊

🚀 CoinShares, the European digital asset management company, has set its sights on American investors with the launch of the CoinShares Hedge Fund, as reported by Bloomberg. 💼
💱 CoinShares CEO, Jean-Marie Mognetti, notes the favorable climate for cryptocurrency investment driven by monetary policy, volatility, and macro uncertainty. 📈🌐 He emphasizes the growing importance of the U.S. market in this context. 🇺🇸
📰 Last summer, CoinShares submitted a plan to the U.S. Securities and Exchange Commission (SEC) to launch a hedge fund centered around Bitcoin and Ethereum (ETH), without disclosing the fund's operating assets. 🪙 #CoinSharesHedgeFund #CryptoInvesting #USMarket 🚀💰

🌍 The Institute for Risk Management (IRM) has a bold proposal! 📝 According to their report in Cointelegraph, they claim that "Bitcoin mining using methane gas can be a global energy conversion solution." 🛢️
🌱 The report suggests that by harnessing captured methane gas as a fuel source for BTC mining, we could potentially reduce global carbon emissions by as much as 8%. 🌬️
💡 Furthermore, the report highlights the importance of energy efficiency through smart grid management, like using mining machine heat for greenhouses. 🌡️
🔍 IRM researchers emphasize that while Bitcoin mining consumes significant electricity, it's relatively low on carbon emissions and other pollutants. 🪙 BTC could play a pivotal role in ushering in a cleaner future. 🌟 #BitcoinMining #CleanEnergy #CarbonReduction 🌿🔌

📊 According to Watchguru, crypto-focused media, and Ecoinometrics, a cryptocurrency and macro investment information company, a fascinating insight emerges! 🧐 They compared Bitcoin's Return on Investment (ROI) since 2016 with Tesla and Nvidia stocks, and the results are strikingly similar. 📈🚀
🔄 When you analyze their monthly return profiles, it's clear that they share a comparable ROI pattern. 📊📈
🤔 Ecoinometrics notes that while Bitcoin trades year-round, leading to greater price fluctuations, the distribution of investment returns aligns closely with Tesla and Nvidia stocks. 📉📊 This suggests that Bitcoin is not an 'outlier'—it doesn't stand out dramatically from these traditional assets. 🌟 #BitcoinROI #InvestmentAnalysis #CryptoInsights 🪙📈

🔐 Nansen, the blockchain analysis company, has taken swift action! 💼 They've sent affected users info emails for password resets via their registered email addresses. ✉️
🚨 Unfortunately, Nansen reported a system compromise at an external vendor. 😟 The attacker gained admin privileges for vendor-managed Nansen accounts, accessing user data. 😳 This vendor is a verified company handling data for Fortune 500 firms, and Nansen is pressing for incident details to minimize further harm. 🤝 #DataSecurity #NansenIncident #ProtectYourData 🌐🛡️

📢 JP Morgan's report on Ethereum is out! 📊 They found that the April Ethereum Shanghai upgrade (ETH unstaking support) didn't boost network activity as expected. 😕 Despite the impressive 99% energy reduction in the merge (PoS conversion) upgrade last September, network activity disappointed.
📉 Daily Ethereum transactions dropped by 12%, and daily active addresses plummeted by 20%. Several factors played a role, including Terra and FTX struggles, stricter U.S. regulations, and a stablecoin market contraction. 🌐
Additionally, while staking increased by 50% post-Shanghai, concerns over centralization arose due to protocols like Raido (LDO) dominating the market. 🏦
JP Morgan speculates that network activity might pick up with the EIP-4844 (proto-danksharding) upgrade in Q4, but a bear market recession remains a concern. 🐻💼 #EthereumAnalysis #CryptoInsights #JPMMarketReport 📈🔍

📉 Bloomberg's Mike McGlone predicts: 🇺🇸 As the Fed tightens policy, Bitcoin's price, a high-risk asset, could dip over 5% with high interest rates. 🔍 He suggests a potential drop below $25,000. 💰 But don't fret! 📈 In the long run, it'll shine like gold and bonds. 🚀🪙 #BitcoinOutlook #MarketAnalysis #CryptoFuture 💎📊

🚀 Bitmain is back with a bang! 💥 Introducing the new BTC Antminer, S21 HYD! 🪙 Boasting a stellar 335T hash rate and incredible power efficiency at 16J/T, it's setting the bar high in the mining world. 📈⚡️ Upgrade your mining game today! 💰 #BitmainS21HYD #CryptoMining #Innovation 🛠️🔥

📱 Exciting news from Vertu! 🇬🇧 They're unveiling the METAVERTU 2 Web3 smartphone series in October. 🔐 Bank-level encryption, random number generation, and zero-knowledge proof for maximum security. 🌐 No ties to Android OS! 💪 #MetaVertu2 #Web3Security #TechInnovation 🚀🔒

🚀 CEO of CoinDCX, Sumit Gupta, is pushing for change! 💼 He's lobbying the Indian government to reduce crypto trading tax (TDS) from 1% to 0.01%. 🇮🇳📉 High taxes caused a 97% drop in trading volume for exchanges like WazirX. ⬇️ Let's ease the burden! 💪 #BitcoinWorld #CryptoTaxReform #IndiaCrypto 🚀📈

Republican presidential candidate Vivek Ramaswamy is making waves at the Mesari Mainnet Cryptocurrency Conference! 🌊🪙

🗳️ He's not just a potential VP candidate – he's got big plans in the crypto world. Ramaswamy pledges to develop a comprehensive cryptocurrency by Thanksgiving. 🦃💰

💼 But that's not all! He's gearing up to unveil a game-changing currency regulatory framework, now 75% complete. 📜✅

🏛️ And here's the kicker: He's advocating for a major shakeup at the U.S. Securities and Exchange Commission (SEC). Ramaswamy sees the SEC as a powerful, unelected fourth-party agency that needs reform. 🤝

🇺🇸 This presidential hopeful isn't holding back, and his bold stance is making headlines. Will he reshape the crypto landscape and the SEC? Only time will tell! 🚀🗽📊 #VivekRamaswamy #CryptoFuture #Election2024