🚨 12 of the most important highlights, plus analysis:
📈 Bitcoin climbed to nearly $84,000. The weekly close was above $83,000.
🩸 Bitcoin ETFs saw $681 million in outflows last week, while Ethereum ETFs saw $542 million in outflows.
📈 Bitcoin reclaimed its 200-day moving average after spending more than 90 days below it. The last time this happened after such a long stretch was in 2019 and 2023.
👀 But: If BTC falls below $80,000 again, the fourth quarter could still end in the red, according to Benjamin Cowen.
🟠 Saylor announced the next strategic purchase. Strive also plans to follow suit.
↳ Many continue to claim that the bear market is over.
🤝 Trump announced an energy ceasefire between Russia and Ukraine. Oil prices fell to around $90.
🇺🇸 Report: Treasury Secretary Bessent is reviewing the possibility of reducing long-term Treasury bond sales. Even 20-year auctions are under discussion.
📊 One in five U.S. households is behind on loan payments. This is the highest level since the financial crisis.
↳ Inflation data will be released Wednesday. These figures will determine whether the recovery continues.
🇫🇷 France: People who privately hold more than €100,000 in cryptocurrency must report it to the tax authorities. Otherwise, they face fines of up to €10,000.
↳ Europe is now starting to pay attention to private wallets, too.
🤖 An AI found a 10-year-old bug in the XRP Ledger. It could have allowed trillions of XRP to be created.
🗣️ Vitalik Buterin: Without AI, Ethereum's roadmap might not be completed until 2040 or even 2050.
📈 Bitcoin climbed to nearly $84,000. The weekly close was above $83,000.
🩸 Bitcoin ETFs saw $681 million in outflows last week, while Ethereum ETFs saw $542 million in outflows.
📈 Bitcoin reclaimed its 200-day moving average after spending more than 90 days below it. The last time this happened after such a long stretch was in 2019 and 2023.
👀 But: If BTC falls below $80,000 again, the fourth quarter could still end in the red, according to Benjamin Cowen.
🟠 Saylor announced the next strategic purchase. Strive also plans to follow suit.
↳ Many continue to claim that the bear market is over.
🤝 Trump announced an energy ceasefire between Russia and Ukraine. Oil prices fell to around $90.
🇺🇸 Report: Treasury Secretary Bessent is reviewing the possibility of reducing long-term Treasury bond sales. Even 20-year auctions are under discussion.
📊 One in five U.S. households is behind on loan payments. This is the highest level since the financial crisis.
↳ Inflation data will be released Wednesday. These figures will determine whether the recovery continues.
🇫🇷 France: People who privately hold more than €100,000 in cryptocurrency must report it to the tax authorities. Otherwise, they face fines of up to €10,000.
↳ Europe is now starting to pay attention to private wallets, too.
🤖 An AI found a 10-year-old bug in the XRP Ledger. It could have allowed trillions of XRP to be created.
🗣️ Vitalik Buterin: Without AI, Ethereum's roadmap might not be completed until 2040 or even 2050.