Bimoo

🐋Saylor's Predictions Come True

In a recent interview, Michael
Saylor claimed that MicroStrategy "outperformed every company in the S&P 500 using a Bitcoin strategy." With BTC currently trading at $67,100, Saylor's net worth is over $17 billion. Over the past four years, MSTR shares have gained 1,540%, while the S&P 500 has gained just 111%.

📈Meanwhile, capital inflows into ETFs continue, with funds sending $458 million into BTC yesterday, bringing the total inflow for the week to $1.38 billion.

🇯🇵Yesterday's rise above $68,000 also came amid reports that Japan is planning to announce a massive 13 trillion yen ($87 billion) stimulus package.

🏛Financial giant Goldman Sachs expects the Federal Reserve to cut interest rates to 3.25% to 3.5% by June 2025.
#crypto

💵Donald Trump Defends US Dollar Hegemony

Donald Trump said he would impose 100% tariffs on countries that abandon the US dollar as the world's reserve currency.

🔼Yesterday, capital inflows into ETFs totaled $371 million, with BlackRock buying $288 million worth of BTC in one day alone. Total ETF trading volume exceeds $2.1 billion for the second day in a row.

🛢US crude oil prices fall more than 4% as Israel is not expected to strike Iranian oil rigs.

⚡️Tesla moves all 11,500 BTC worth $765 million to unknown wallets for the first time in 2 years.

📊The largest asset manager in the crypto industry, Grayscale Investments, has filed to convert its Digital Large Cap Fund into an ETF. The fund consists of BTC, ETH, XRP, AVAX, and SOL.
#crypto

🔼The Most Promising Altcoins According to Leading Fund Grayscale

Grayscale, a fund managing more than $30 billion in assets, has added 35 altcoins, including Dogecoin, Worldcoin, Pyth, and Rune, to its list of assets under consideration for future investment products.

🗣Grayscale has broken down the list of promising tokens into five main categories: currencies, smart contract platforms, finance, culture, and utilities.

🟢The new list of promising assets comes after Grayscale expanded its fund, which launched a new investment fund Aave on October 3, XRP Trust on September 12, and Avalanche on August 22.
#crypto

⚡️Will Bitcoin Rise Continue?

Yesterday, BTC broke a new two-month high at $66,500, primarily fueled by an influx of capital into the ETF, which recorded $556 million, the largest inflow since June. Analyst Kelly Greer of Galaxy Digital noted: “BTC surged as a break above the 200-SMA sparked renewed interest from call buyers. The most popular of these strikes were the $75-100k calls for the fourth quarter of this year.” Therefore, investors expect further gains above $65k.

🔼Market sentiment was generally buying due to positive economic data from China and the US, with US stocks reaching new highs.

🧠Nvidia shares broke a new all-time high, while the AI coin sector showed gains of 3-10%.

💵Elon Musk is on track to become the world's first trillionaire by 2027, according to a recent report from Informa Connect Academy.
#crypto

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📈BlackRock Assets Grow to Record $11 Trillion

Assets under management by BlackRock grew to $11.48 trillion in the reporting period, up from $9.10 trillion a year earlier and $10.65 trillion in the second quarter, the company said on Friday. That makes BlackRock the world's largest fund, and it not only oversees large companies but also more than $21 billion in BTC.

🇺🇸Former US President Donald Trump is now 10 points ahead of Vice President Kamala Harris on the Polymarket platform.

🇨🇳At a briefing yesterday, China announced that it will significantly increase the issuance of government bonds to stimulate its economy, according to forecasts, the financing could amount to $283 million.

💸The management of the bankrupt exchange Mt.Gox warned of postponing the deadline for compensation payments - from October 31, 2024 to October 31, 2025.
#crypto

have a nice weekend

LFG

Just minted 3 $RUN artcoins for free on artrun.io (@artrun-io), (a new artcoin launchpad built with @zora on @base)

crypto 🚀

🔺A number of traders believe that the ADA (Cardano) chart perfectly follows the psychology of market cycles and is now on the verge of exiting the “depression” cycle into the next growth phase👇
#crypto

😂

⚡️CPI Report in Focus This Week

Investors are eagerly awaiting the release of the US CPI on Thursday, October 10. According to forecasts, the CPI is expected to decline to 0.1% in September, down from 0.2% in the previous month. On an annualized basis, inflation is expected to be 2.3%, down from 2.5% in August. The decline in inflation figures strengthens market sentiment and has a positive impact on stocks and cryptocurrency.

🔼The new week in the crypto market began with the growth of BTC, the price of which almost broke through $ 64 thousand and is now approaching new monthly highs, which also caused the growth of altcoins.

🔹Ethereum developers are preparing a new update EIP-7781, it is aimed at increasing the throughput by 50%. The update will reduce the block creation time from 12 to 8 seconds. The ETH price has increased by 3.10%.

🇦🇪UAE abolishes tax on cryptocurrency transfers, as well as on profits made with cryptocurrency.
#cripto

📈Uptober Is Back?

BTC has managed to rebound above $62K in the last 24 hours as yesterday’s strong US jobs report for September signals a possible slowdown in the pace of interest rate cuts, but is still bullish for BTC. US unemployment has slowed to 4.1%. BlackRock CIO predicts a 25 bps Fed rate cut after US jobs data.

🟢Uptober is gaining momentum as Bitcoin on exchanges falls to a 6-year low. According to CryptoQuant, there are 2.8 million BTC on exchanges, the lowest since November 2018.
#crypto

😱Bitcoin Creator Identity to Be Revealed Soon

A new HBO documentary is set to hit theaters on October 9th that aims to reveal the identity of Bitcoin's pseudonymous creator Satoshi Nakamoto.

🗣Galaxy Digital CEO Alex Thorne wrote on X on Thursday that he heard the HBO film claim that Nakamoto's real identity was Len Sassaman.

💻Sassaman, who committed suicide in 2011 after battling depression, is believed to be Satoshi
due to his extensive history of published papers on cryptography, which often demonstrated his strong ideological commitment to privacy and decentralization.

🤔Adding to speculation that Sassaman is Satoshi is the date of their disappearance. Sassaman committed suicide shortly after Satoshi stopped posting on BTCTalk, a once popular site for discussing Bitcoin and cryptocurrency.
#crypto

🌐SWIFT to test digital asset transactions for global banks in 2025. This will allow more than 11,000 financial institutions to conduct cryptocurrency transactions.

🔼Grayscale launches an investment fund for the Aave coin. The fund is available only to qualified investors. The AAVE price has responded by growing by 6% over the past 24 hours.
#crypto

🇮🇱Israel May Strike
Iranian Oil Facilities

Yesterday, Biden said that they are discussing the possibility of Israel striking Iranian oil facilities. Against this background, December Brent oil futures momentarily rose by 4.97%, to $77.58 per barrel. Earlier, CNBC analysts suggested that oil futures could reach more than $200 per barrel due to the risk of supply disruptions in the Middle East. High oil prices increase the dollar index, which has a negative impact on stocks and BTC. Although Iran is a member of OPEC, it is difficult to say whether the US will threaten up to 4% of global crude oil supplies.

📉Meanwhile, spot
Bitcoin-ETFs are seeing an outflow of funds for the third day in a row, which yesterday amounted to $54 million. But BTC remains above $60 thousand.
#crypto world

This is what the Ethereum logo actually means 😆

✖️SEC files appeal in Ripple case, trying to overturn Judge Torres' ruling. Ripple CEO on SEC appeal: "We'll fight in court as long as it takes."

🔶Binance's Moonbix offers players to choose a cryptocurrency for rewards through voting. Players were given three tokens to choose from: BNB, DOGS, and NOT.

🤖OpenAI raises $6.6 billion in additional funding. Also on October 1, an update to ChatGPT was announced, which expands the vision and speech capabilities of a large language model.
#crypto

⚡️What's Happening in the Market?

The crypto market continues to stabilize after tensions in the Middle East rose. BTC price is trading above $60,000, although yesterday BTC tested this support. Biden said that he does not support Israel's attack on Iranian nuclear facilities, and G7 leaders are considering new sanctions against Iran after the Israeli attack. On Wednesday, Bitcoin ETFs recorded a net outflow of $91.76 million. And BTC will likely struggle for support at $60,000 in the near future, as many analysts predict a fall into the $54-52 thousand range.
#crypto

No problem, October is just beginning 👍

✖️Asset manager Bitwise, a cryptocurrency firm, has filed to create an XRP ETF in Delaware. The XRP price reaction was neutral.

🪙Solana DApps grew 46% in a week, compared to 12% growth in Ethereum DApps. Despite the short-term decline, SOL has potential to grow in Q4 2024, according to analysts.
#crypto

🐻Why is the Market Falling?

BTC almost tested the $60,000 level at the end of October 1 after Iran fired about 200 ballistic missiles at Israel, and Israel said that Iran made a big mistake for which they will pay. Although October is traditionally considered a month of growth, the Israeli-Iranian conflict has caused significant selling pressure. As tensions in the Middle East rise, investors are moving to safer assets such as bonds, gold, oil, and the dollar.

🔽Yesterday, Bitcoin ETFs saw a strong outflow of $242.6 million due to rising tensions in the Middle East. The US stock market also fell by 2-3%. A similar reaction to the outbreak of conflict occurred last year, but as hostilities subsided, the markets quickly recovered.
#crypto