Crypto Updates


Kanal geosi va tili: Efiopiya, Inglizcha


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Kanal geosi va tili
Efiopiya, Inglizcha
Statistika
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Bitcoin's 10-year return was unrivaled at 26,931.1%.

In comparison, assets such as the S&P 500 (193.3%) , gold (125.8%) , 5-year treasuries (157.1%) and 10-year treasuries (86.8%) showed stable but lower returns.

💰@cryptoupdates0512


#1.⚡️Binance recorded $21.6 billion in user fund deposits.

They surpassed the next 10 largest crypto exchanges combined.

#2.  🇺🇸 US Treasury Department Labels
#bitcoin As "Digital Gold" In A Newly Released Report.

#3. 🔴 Elon Musk became the first person in history whose fortune exceeded $400 billion.

#4. 💰 Bitcoin crashed by almost $14,000 to $90k level.

In the past 24 hours , 181,048 traders were liquidated , the total liquidations comes in at $1.04 billion.

#5. NEW: 🇦🇺 Australian fund AMP invests $27M in
#Bitcoin, becoming the first large pension fund to do so 🙌

#6. Binance recorded $21.6 billion in user fund deposits.

They surpassed the next 10 largest crypto exchanges combined.


📈INSIGHT: #Ethereum’s chart signals to traders that a new high could hit next week

Crypto traders are turning extremely bullish on $ETH,  saying it is going “much higher, far beyond your worst nightmares.”

💰 @cryptoupdates0512


Huge Update ❗️❗️

*🚨Bitcoin just broke through resistance.*

@cryptoupdates0512


🐶 DOGE's capitalization is larger than most companies in the S&P500 index basket

So, it's already above VolksWagen, Ford, Adidas, Nasdaq, but still 47% below its all-time highs

@cryptoupdates0512


US senators call for action against cryptocurrency mining in Iran

🇺🇸 Senators Elizabeth Warren and Angus King have sent a request to the Joe Biden administration for details on combating Iran's evasion of cryptocurrency 🔨mining sanctions. They are concerned that since 2019, when Iran legalized mining, the country has earned 💵 millions of dollars that go towards financing terrorism and circumventing sanctions.

Warren and King note that 🇮🇷 Iran is one of the world's leading producers of bitcoins and uses the digital asset to 🧺 launder money, which threatens national security. They point ➡️ to the Binance exchange, which has processed $8 billion worth of Iranian crypto transactions over four years.

✔️ The senators are asking for information on mining revenues in Iran from 2021, the connection between digital assets and the Iranian government, and steps to address national security threats by May 16.

@cryptoupdates0512


🚀 Bitcoin has reached $71,000 for the first time since early June!

Just a bit more to a new ATH 🫠

@cryptoupdates0512


Video oldindan ko‘rish uchun mavjud emas
Telegram'da ko‘rish
The stored value is used to open the corresponding level and obtain the percentage income of the current level.
For example, if you store 100 USDT and activate VIP1, the quantitative income of a single transaction is 100 × 21.17% = 21.17 USDT.
The platform charges a service fee of 2% from each quantitative transaction revenue
----------------------------------
VIP1 deposits 15-107 USDT and earns 21.17% USDT every day
VIP2 deposits 108-407 USDT and earns 21.87% USDT every day
VIP3 deposits 408-1,007 USDT and earns 22.67% USDT every day
VIP4 deposits 1,008-3,007 USDT and earns 23.57% USDT every day
VIP5 deposits 3,008-6,007 USDT and earns 24.57% USDT every day
VIP6 deposits 6,008-10,007 USDT and earns 25.67% USDT every day
VIP7 deposits 10,008-20,007 USDT and earns 26.87% USDT every day
VIP8 deposits 20,008-40,007 USDT and earns 28.17% USDT every day
VIP9 deposits 40,008-60,007 USDT and earns 29.57% USDT every day
VIP10 deposits 60,008-100,007 USDT and earns 31.07% USDT every day
VIP11 deposits 100,008-160,007 USDT and earns 32.67% USDT every day
VIP12 stored value ≥160,008 USDT, earn 34.37% USDT every day
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🌐 Web Traffic Spotlight in September on DEXs

Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.

@cryptoupdates0512


🇺🇸👀 Spot #BTC-#ETF's now hold almost 5% of the total supply of Bitcoin

Demand is increasing, supply is decreasing

@cryptoupdates0512


The final strong resistance for BTC is at $66,300. 👀

This level is characterized by a group of short-term holders who have kept their coins for 3 to 6 months. 💰

Analysts at CryptoQuant are confident that once this level is breached, the path to testing the ATH will be open.🚀

@cryptoupdates0512


💎 Crypto Market Update - Sept 9, 2024

1. Bitcoin Holds Steady🌎: Bitcoin is hovering around $57.7K, showing relative stability amid ongoing uncertainty. Traders are closely watching U.S. economic data, which could trigger price volatility later this week.

2. Altcoins Mixed✨: Altcoin performance is split. Injective (Inj) is surging with a 10.94% gain, while Toncoin (TON) is struggling, down 4.26%. Watch for further movement as specific projects like Siacoin hold key updates

3. DeFi Adjustments💡: Beta Finance has removed Wrapped Bitcoin (WBTC) from its platform, a significant shift for DeFi liquidity. This could create ripples across platforms that rely on WBTC.

4. Market Sentiment🤖: Overall market caution prevails. Liquidations exceeded $100M over the weekend, reflecting ongoing volatility, especially in Bitcoin and Ethereum

Stay tuned for more......

@cryptoupdates0512


Ethereum's Market Potential Compared to Tech Giants 💻🚀

The comparison becomes even more striking when looking at Apple, the world's most valuable company with a market cap of $3.5 trillion. If Ethereum were to reach this market cap, its price could skyrocket to $29,235, an 11.37x increase.

This illustrates the vast potential for price growth that Ethereum might achieve in the future, should its market cap grow to the level of these corporate giants.

💰 @cryptoupdates0512


💰 Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm

Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin.



@cryptoupdates0512


👑 WazirX to resume phased fiat withdrawals after $235M hack

India-based crypto exchange WazirX announced that it will begin a phased resumption of fiat currency withdrawals on Aug. 26, following a month-long suspension due to a cyberattack, according to an Aug. 23 press release. The attack forced the platform to suspend all trading and withdrawal activities while it assessed the damage and developed a recovery plan. The stolen assets have created a significant shortfall, preventing the exchange from meeting its crypto obligations to users.

@cryptoupdates0512


💰 Bitwise CIO says market is ‘not bullish enough’ amid rising political endorsements

Bitwise CIO Matt Hougan believes the market is “not bullish enough” about Bitcoin, and investors need to rethink the flagship crypto’s potential upside after what happened at the Bitcoin2024 conference. Hougan’s reflections on the 2024 Bitcoin Conference in Nashville suggest a dramatic shift in what’s possible for Bitcoin compared to even two years ago. He attributed the shift in sentiment to the significant political endorsements Bitcoin received at the event.

@cryptoupdates0512


🏦 Coinbase posts $1.45 billion in Q2 revenue as profits decline

While Coinbase more than doubled its second-quarter revenues year-over-year, it registered a slight decline compared to the previous quarter. Coinbase registered consumer transaction revenues of $665 million for Q2, a 29% decline from the $1.07 billion it reported in Q1. The exchange's stablecoin revenue, however, increased to $240.4 million, up from $197.3 million in the previous quarter.

@cryptoupdates0512


💰 US spot bitcoin ETFs see $300 million inflows on seventh consecutive day of positive flows

The 11 spot bitcoin exchange-traded funds in the U.S. reported a daily net inflow of $301 million, extending its positive streak to a seventh consecutive day. BlackRock’s IBIT, the biggest spot bitcoin ETF by net asset value, recorded the largest net inflows of the day with $117.25 million, according to SoSoValue data. The fund was also the most traded bitcoin ETF on Monday, with a volume of $1.24 billion. Ark Invest and 21Shares’ ARKB closely followed with net inflows of $117.19 million.

@cryptoupdates0512


🪙 Bitwise CIO predicts Ethereum ETF inflows will push ether prices to all-time highs above $5,000

Matt Hougan, Chief Investment Officer at crypto asset manager Bitwise, said spot Ethereum exchange-traded fund inflows could have a bigger impact on ether upon launch than the equivalent products did for bitcoin. He said he expected the first few weeks once the Ethereum ETFs go live to be “choppy” for the second largest cryptocurrency by market cap as funds potentially flow out of the $11 billion Grayscale Ethereum Trust (ETHE) after its conversion to a spot ETF.

@cryptoupdates0512


🇦🇺 Australia’s ASX Welcomes Another Bitcoin ETF with DigitalX Launch

DigitalX Limited, a digital asset fund manager, announced today the successful approval and upcoming launch of its spot Bitcoin ETF on the Australian Securities Exchange (ASX). DigitalX has partnered with ASX-listed K2 Asset Management, which will serve as the Responsible Entity and issuer for the ETF. K2 brings experience in managing ASX-listed ETFs, compliance systems, and meeting Australian financial services license requirements.

@cryptoupdates0512

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