🥳👀 Election Gambling Explosion Is Near, CFTC Appeals Court Warns coindesk.com
🤔 #BTC Average Q4 quarterly return during Bitcoin down years (2012, 2016, and 2020) is ~108% Q4 2024, starts in 16 days...
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🎢 #BTC The estimated leverage ratio across all crypto exchanges has reached a new yearly high, indicating Bitcoin traders are increasingly taking on more risk.
📊 #BTC NYDIG: Despite bitcoin's sideways trend over the past few months, its current price remains higher than it was following the 2020 halving (halving 3) and is only slightly below its position after the 2016 halving (halving 2).
We are entering the period of the cycle where bitcoin has typically had some of its best returns, if the past 2 cycles are any guide.
We are entering the period of the cycle where bitcoin has typically had some of its best returns, if the past 2 cycles are any guide.
🔎 #POL AggLayer ecosystem, including AggChains, core infrastructure builders, and Rollup-as-a-Service providers
AggLayer - the next evolutionary step in blockchain design, enhancing the currently dominant monolithic and modular approaches
AggLayer - the next evolutionary step in blockchain design, enhancing the currently dominant monolithic and modular approaches
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🇺🇸 #macro USA:
▪️ Greenwood Capital: The Fed should decide to cut interest rates by 50 bps. The gap between US Treasury yields (continuing at ~3.6%) and the fed funds rate (5.25%-5.5%) is a "signal that the Fed is late in its rate cutting cycle";
▪️ JPMorgan: The Fed should cut interest rates by 50 bps. next week “to adapt to changes in the balance of risks”;
▪️ Goldman Sachs still forecasts a 25 bp rate cut. next week and at each of the remaining meetings this year.
▪️ Greenwood Capital: The Fed should decide to cut interest rates by 50 bps. The gap between US Treasury yields (continuing at ~3.6%) and the fed funds rate (5.25%-5.5%) is a "signal that the Fed is late in its rate cutting cycle";
▪️ JPMorgan: The Fed should cut interest rates by 50 bps. next week “to adapt to changes in the balance of risks”;
▪️ Goldman Sachs still forecasts a 25 bp rate cut. next week and at each of the remaining meetings this year.
🧑💻👀 #ETH Ethereum Developers consider the ability to share the long-awaited update Spectra, which will increase the efficiency and scalability of the network, into two parts. The first phase could be launched in early 2025. They also stated that if nothing is released by June 2025 after the split, it will be considered a “failure.”
📆 Developers will make a decision on this issue at the next Ethereum All Core Developers (ACD) meeting on September 19th.
📆 Developers will make a decision on this issue at the next Ethereum All Core Developers (ACD) meeting on September 19th.
📊 CoinGecko's latest report revealed that 8.7M addresses hold stablecoins, with 97.1% holding #USDT, #USDC, or #DAI
📈👀 #BTC Marathon Digital’s Bitcoin holdings hit an all-time high of 26,200 BTC. They recently added 5,000 BTC in just a month. Their holdings are now worth $1.5 billion.
👀🗣 Bloomberg Intelligence analyst Mike McGlone: Gold's rise from #BTC's decline since the first quarter risks gaining momentum later in the year, especially if there is some normalcy in the US stock market.
👀🆕 #UXLINK Binance Futures Will Launch USDⓈ-Margined UXLINK Perpetual Contract With up to 75x Leverage
📉🤔 #BTC The number of Bitcoin exchange depositing addresses has dropped to 132,100, the lowest value since 2016