#BITCOIN AND #ETHEREUM FALL AFTER TRUMP'S SPEECH! SENATOR PROPOSES BUYING 1 MILLION BITCOINS! 💥

📢Macro

⚫️The NASDAQ index is up 3% at 17.6k, but gold prices remain unchanged.

⚫️Stock markets have risen after the Federal Reserve hinted at a possible rate cut in September.

⚫️Futures markets also increased following strong earnings from Meta.

⚫️Oil prices increased by 5% due to escalating tensions in the Middle East.

⚫️The Bank of England has lowered interest rates for the first time since 2020.

⚫️Hawaii is close to a $4 billion settlement over wildfire claims.

⚫️The plotters behind the September 11 attacks have agreed to a plea deal.

💰 Crypto

⚫️Bitcoin is down 3% at $64.5k, Ethereum has fallen 4% to $3185, and Solana has dropped 7% to $170.

⚫️The cryptocurrencies seeing significant growth include KAS, WBT, AAVE, and LEO.

⚫️Cryptocurrency markets fell after a speech by Trump, a Federal Reserve meeting, and threats from Iran.

⚫️Mt. Gox still controls $2.1 billion worth of Bitcoin after distributing some to creditors.

⚫️Senator Lummis has proposed a bill for the US to purchase 1 million Bitcoin.

⚫️Large Bitcoin investors bought $5.4 billion in Bitcoin in July.

⚫️#Tether reported a profit of $1.3 billion in the second quarter.

⚫️Decentralized finance (DeFi) loans have returned to their 2022 levels.

⚫️This month, $900 million worth of altcoins will be unlocked.

⚫️Elixir has introduced a new digital currency called deUSD to compete with Ethena.

🌟 Web3 & NFT

⚫️Trending cryptocurrencies include NEIRO, GINNAN, FWOG, and CTO.

⚫️The most talked-about NFT collections are Retardio and Bored Ape Yacht Club (#BAYC )

⚫️ Insiders own 78% of NEIRO on Ethereum.

⚫️BAYC has introduced a memecoin that can be swapped for NFTs.

⚫️A trading protocol has been used to sell NFTs for 55 ETH.

⚫️Meta has reported a $4.5 billion loss in its metaverse division.

⚫️Doodles has announced a partnership with Arizona Ice Tea.

⚫️Donald Trump has released a line of Bitcoin-themed sneakers.