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The House of Representatives approved a bill that creates a Strategic Bitcoin Reserve (BTC) and establishes federal tax rules for digital assets. The approval comes after the Senate did not move forward with CLARITY.
Celsius’ estate claims that BitMEX liquidated and took possession of 6,360 BTC during the March 2020 crash, valued at nearly $490 million. The case adds to Celsius’ ongoing troubles.
What impact will this lawsuit have on the BTC market? 👇
$BTC #MacroCrypto
Informational content. Does not constitute financial advice.
🐋 Ex-Robinhood: Accused of $50k in trades pre-listed
Former Robinhood engineers accused of using Hyperliquid perpetuals to obtain profits exceeding $50,000 before their tokens were listed. The investigation focuses on trades made with Hyperliquid.
Robert Kiyosaki warns that the biggest stock and bond market plunge has begun, recalling predictions from 2002. The collapse is spreading from Europe. 🚨
Do you agree with Kiyosaki? 🤔
$BTC #OnChain
Informational content. Does not constitute financial advice.
Bitcoin’s price has fallen 1.7% since midnight UTC, reaching $76,862, after reversing a rally from earlier in the day. The drop was due to the odds on Polymarket for the Clarity Act law being cut in half.
Do you think this will affect the price of Bitcoin? 👇
$BTC #MacroCrypto
Informative content. Does not constitute financial advice.
Swiss Bitcoin Pay, a non-custodial payment processor, temporarily shut down its servers following a security attack. According to the company, users’ funds are protected, but sensitive data such as email addresses and BTC addresses were leaked. The company is investigating the incident.
What security measures should Bitcoin payment processors implement? 👇
$BTC #CryptoSecurity
Informational content. Does not constitute financial advice.
🏦 Bitmine increases $68M in Ether: More catalysts!
Bitmine is approaching 5% Ether accumulation, according to Lee, driven by the rise in the ETH-BTC ratio and growing institutional demand. The asset is trading at $5.
Do you think this institutional demand increase is sustainable? 👇
$ETH $BTC #MacroCrypto
Informational content. Does not constitute financial advice.
The ECDSA.Fail challenge reduced by 86% the cost of a component of a potential quantum attack on Bitcoin. This implies a significant improvement in the efficiency of the threat.
What impact do you think this will have on BTC security? 👇
🏦 XRP ETF attracts $1.55M: Wall Street makes a strong bet
On September 8, XRP ETFs in the US accumulated $1.55 million in inflows, surpassing Hedera (HBAR) with $431,180. Four ETF groups experienced losses, while six saw no flow. Bitcoin and Ethereum continue to show lower interest.
Do you think this investment flow signals a change in the crypto market? 👇
Binance expands its traditional finance offering with 11 ETFs listed in the US, focused on Treasury bills and investment-grade bonds. The platform aims to connect the crypto world with the traditional market.
What impact do you think these ETFs will have on the crypto market? 👇
A hacker exploited bugs in a DeFi bridge, generating more than 2000 times the maximum Bitcoin supply as unbacked syBTC tokens. Symbiosis reports initial losses of 9.97 BTC. 🚨
What security measures are necessary to prevent similar attacks? 👇
🏦 BTC Treasury: Preferential share purchase slowed to $139M
The Bitcoin Treasury reduced its purchase of preferred shares from $176 million to $139 million, keeping 845,050 BTC inactive. The decision is reflected in a recent SEC filing.
What impact will this pause have on the price of BTC? 👇
$BTC #MacroCrypto
Informational content. Does not constitute financial advice.
Tomorrow begins the Fed meeting, with nearly total expectation of a 25 basis point increase in the benchmark rate. Bitcoin is managing small gains amid falling stocks and a rise in the price of oil.
Do you think the rate hike will impact Bitcoin? 👇
$BTC #MacroCrypto
Informational content. Does not constitute financial advice.
Crypto volume on Robinhood increased by 61% in August, but remains below the previous year (-46%). Bitstamp handled $10.1B of the total volume in August.