SEPTEMBER WAS MASSIVE FOR CRYPTO.
The Clarity Act failed to pass the Senate, and FED hiked the rates, but the market surprised everyone with an insane pump.
1. Bitcoin closed above the 50W MA for two straight weeks, a strong sign for the trend reversal.
2. $BTC hit $87K, ETH $2.8K and $SOL $120 for the first time in nearly 8 months, and had the highest monthly close in 9 months.
3. Crypto market cap reclaimed $3T for the first time in 8 months.
4. BTC ETFs saw $2.65B in inflows, while ETH ETFs saw $832.4M, their second-largest monthly inflow this year.
5. $ETH /BTC broke out of a nearly 5-year downtrend, a strong signal for the altcoin market.
6. The SEC and CFTC started rolling out new crypto rules and promised regulation without the Clarity Act.
7. Two major crypto bills advanced: the Strategic Bitcoin Reserve bill and the crypto tax bill.
8. SEC declared staking tokens and token buybacks as non-securities, and FED proposed rules allowing banks to issue their own crypto stablecoins.
9. X partnered with crypto exchanges to let users trade crypto right from the timeline.
10. BlackRock expanded access to tokenized investment portfolios and NYSE partnered to bring tokenized US stocks to 44M crypto accounts.
After a massive Uptember, let’s all manifest an even bigger Uptober 🚀
The Clarity Act failed to pass the Senate, and FED hiked the rates, but the market surprised everyone with an insane pump.
1. Bitcoin closed above the 50W MA for two straight weeks, a strong sign for the trend reversal.
2. $BTC hit $87K, ETH $2.8K and $SOL $120 for the first time in nearly 8 months, and had the highest monthly close in 9 months.
3. Crypto market cap reclaimed $3T for the first time in 8 months.
4. BTC ETFs saw $2.65B in inflows, while ETH ETFs saw $832.4M, their second-largest monthly inflow this year.
5. $ETH /BTC broke out of a nearly 5-year downtrend, a strong signal for the altcoin market.
6. The SEC and CFTC started rolling out new crypto rules and promised regulation without the Clarity Act.
7. Two major crypto bills advanced: the Strategic Bitcoin Reserve bill and the crypto tax bill.
8. SEC declared staking tokens and token buybacks as non-securities, and FED proposed rules allowing banks to issue their own crypto stablecoins.
9. X partnered with crypto exchanges to let users trade crypto right from the timeline.
10. BlackRock expanded access to tokenized investment portfolios and NYSE partnered to bring tokenized US stocks to 44M crypto accounts.
After a massive Uptember, let’s all manifest an even bigger Uptober 🚀
