๐ #BTC's dominance is above 56%
In a typical bull market, Bitcoin starts by expanding its dominance until we move into the altcoin season.
But this time around, Bitcoin continues to increase its dominance slowly but surely.
In a typical bull market, Bitcoin starts by expanding its dominance until we move into the altcoin season.
But this time around, Bitcoin continues to increase its dominance slowly but surely.
๐ฟ Revolut and Robinhood are considering creating their own stablecoins - bloomberg
๐๐น #HMSTR 42% out of 1.5M global monthly search volume for Hamster Kombat comes from these countries:
โช๏ธ India 22% (331K)
โช๏ธ Pakistan 14% (213K)
โช๏ธ Bangladesh 6% (102K)
โช๏ธ India 22% (331K)
โช๏ธ Pakistan 14% (213K)
โช๏ธ Bangladesh 6% (102K)
๐ถ๐ #DOGE Blockchain developers QED Protocol and Nexus are preparing to launch a Layer 2 scaling solution designed to introduce smart contracts to the Dogecoin network.
๐ข๐ค If #BTC hits a new all-time high before November 1st, it would be a good indicator that history is repeating itself
๐บ๐ธ๐น #USDT USA confiscated >$6 million in cryptocurrency fraud thanks to collaboration with Tether
๐จ๐ณ๐ค China is set to inject billions of dollars into the markets, sparking discussions of an โinevitable moonโ on Twitter
On Tuesday, Chinaโs central bank announced a significant economic stimulus package. The MSCI Emerging Markets Index has reached its highest level since November 2023.
โช๏ธBloomberg: Emerging market stocks and currencies are rising due to positive U.S. macro data and Chinese government actions. China will inject $142 billion into its banking system by lowering the RRR rate and plans to issue $284 billion in sovereign bonds this year.
โช๏ธBrown Brothers Harriman: Chinaโs extensive economic stimulus and the Fedโs easing policies are favorable for risk assets.
โช๏ธCNBC: Xi Jinping and top officials aim to halt the real estate market decline, which makes up 25% of Chinaโs GDP. #macro
On Tuesday, Chinaโs central bank announced a significant economic stimulus package. The MSCI Emerging Markets Index has reached its highest level since November 2023.
โช๏ธBloomberg: Emerging market stocks and currencies are rising due to positive U.S. macro data and Chinese government actions. China will inject $142 billion into its banking system by lowering the RRR rate and plans to issue $284 billion in sovereign bonds this year.
โช๏ธBrown Brothers Harriman: Chinaโs extensive economic stimulus and the Fedโs easing policies are favorable for risk assets.
โช๏ธCNBC: Xi Jinping and top officials aim to halt the real estate market decline, which makes up 25% of Chinaโs GDP. #macro
๐ These countries and governments now hold 2.521% of the total #BTC supply
With growing global adoption, sovereign Bitcoin stacks are rising.
With growing global adoption, sovereign Bitcoin stacks are rising.