🇺🇸🤔 #BTC WuBlockchain: The Fed cannot block the creation of a Bitcoin Strategic Reserve (BSR). Trump could swiftly establish it via an executive order directing the Treasury to use the Exchange Stabilization Fund (ESF) to buy Bitcoin. For long-term stability, congressional legislation like the Strategic Reserve Act would be required. Both approaches fall under the Treasury, not the Federal Reserve. #macro
📈👀 #SOL DefiLlama: DEX trading volume on the Solana network exceeded $100 billion again this month (>$120 billion)
⛏️🤖 #BTC #AI CEO TeraWulf, Paul Prager, highlights rising demand for scalable, energy-efficient infrastructure, creating opportunities through a new partnership that diversifies revenue and boosts long-term potential. source
TeraWulf is leasing 70 MW of its facility to AI and cloud provider Core42, amid soaring Bitcoin mining costs of $55,950 per BTC in Q3 2024.
This move helps mitigate operational costs and opens new income streams with AI integration, showcasing an adaptive, sustainable business approach.
TeraWulf is leasing 70 MW of its facility to AI and cloud provider Core42, amid soaring Bitcoin mining costs of $55,950 per BTC in Q3 2024.
This move helps mitigate operational costs and opens new income streams with AI integration, showcasing an adaptive, sustainable business approach.
🕵️💸 Someone opened a 50x short on #ETH at Hyperliquid and is currently down $1.2 million. The entry price was $3,429.45, and liquidation will occur if ETH reaches $4,843.90.
📊🤔 #BTC CryptoQuant warns of a possible Bitcoin correction down to $82,220, citing "historical patterns."
Open interest (OI) in Bitcoin futures on Binance currently stands at $11.9B, exceeding the key level of $9.77B, which is crucial for identifying potential local lows before a further recovery.
Open interest (OI) in Bitcoin futures on Binance currently stands at $11.9B, exceeding the key level of $9.77B, which is crucial for identifying potential local lows before a further recovery.
🇺🇸🔍 US National Debt Solution: #BTC Act of 2024
The proposed Bitcoin Act suggests the US Treasury acquire 1 million BTC over five years to leverage Bitcoin's growth. With an annual 25% appreciation, it could offset 44% of national debt by 2050.
The plan involves purchasing 200,000 BTC annually, with President Trump highlighting cryptocurrencies like Bitcoin as potential tools for debt repayment.
The proposed Bitcoin Act suggests the US Treasury acquire 1 million BTC over five years to leverage Bitcoin's growth. With an annual 25% appreciation, it could offset 44% of national debt by 2050.
The plan involves purchasing 200,000 BTC annually, with President Trump highlighting cryptocurrencies like Bitcoin as potential tools for debt repayment.
📊📈 #TRX C.Q.: Lending accounts for 55% of TRON's TVL, driven by platforms like JustLendDAO since 2022. It offers passive income through interest on loaned crypto without selling assets, with loans secured by collateral. JustLendDAO enhances TRON's liquidity and solidifies its position as a leading #DeFi network.
🐶🐳 #DOGE Whales bought 270 million DOGE in the last 96 hours
🔎📊 #DeFi TVL Landscape 2021-2024
The DeFi TVL landscape has undergone significant shifts this year. The rapid development of Bitcoin restaking protocols has driven a substantial surge in TVL.
Solana is emerging as a strong contender to Ethereum. Meanwhile, Base, Hyperliquid, Sui, and Aptos are gaining momentum, beginning to challenge the established leaders.
The DeFi TVL landscape has undergone significant shifts this year. The rapid development of Bitcoin restaking protocols has driven a substantial surge in TVL.
Solana is emerging as a strong contender to Ethereum. Meanwhile, Base, Hyperliquid, Sui, and Aptos are gaining momentum, beginning to challenge the established leaders.