Bitcoin Magazine
🇺🇸👀 #BTC The US is seeking the confiscation of 127,271 Bitcoins ($12 billion) linked to an international fraud run by Chinese national Chen Zhi.
🇺🇸🇨🇳 DB: The 127,271 BTC that the US wants to confiscate actually belong to LuBian, from whom hackers stole those BTC back in 2020. They've been idle ever since. It's unlikely they'll be able to confiscate them.
💰🇺🇸 #BTC The US government currently owns 325,283 BTC worth >$37 billion.
🥳 #BNB Binance launched the $400 million "Together Initiative" to support users during market volatility.
🇺🇸🇨🇳 #tradewars US Trade Representative: Imposition of duties on Nov. 1 depends on China's actions.
Trump and the Chinese president are scheduled to meet.
Trump and the Chinese president are scheduled to meet.
🇺🇸👀 #macro Powell:
- Forecasts have not changed much since the September meeting;
- Risks of weakening labor market have increased;
- Fed may complete balance sheet reduction in coming months
- Forecasts have not changed much since the September meeting;
- Risks of weakening labor market have increased;
- Fed may complete balance sheet reduction in coming months
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Bitcoin Magazine
🇺🇸👀 #macro Powell: - Forecasts have not changed much since the September meeting; - Risks of weakening labor market have increased; - Fed may complete balance sheet reduction in coming months
🇺🇸🍿 #macro: Powell: If the Fed acts too hastily, it could leave the job of lowering inflation unfinished. Inflation continues to rise.
🥳 Stripe adds payments in stablecoins
Companies using Stripe, such as Notion, ChatGPT Plus, Figma, Patreon, etc. (from SaaS services to content platforms) will now be able to accept regular payments in crypto, not just bank cards. (from SaaS services to content platforms), will be able to accept regular payments in crypto, not just with bank cards.
Stripe is a payment giant analogous to PayPal for professional use (e-commerce)
Companies using Stripe, such as Notion, ChatGPT Plus, Figma, Patreon, etc. (from SaaS services to content platforms) will now be able to accept regular payments in crypto, not just bank cards. (from SaaS services to content platforms), will be able to accept regular payments in crypto, not just with bank cards.
Stripe is a payment giant analogous to PayPal for professional use (e-commerce)
🐻 #BTC CQ: Short traders are trying to break the $110K-$108K range. They have tried for three times now. See how short piled up just before Friday's crash.
🇺🇸🇨🇳 #tradewars Trump: I have a great relationship with Xi. But they can be tense at times. We need to be careful with China, but maintain the relationship.
📊 #BTC Santiment: the crowd is showing a moderate bullish bias. The last major swing occurred on Sunday, when a perfect buying zone opened up as retail analysts predicted BTC would fall below $100k. Markets almost always move in the opposite direction to the crowd's expectations.
📊 #SNX Santiment: between Sunday and Tuesday, the price of Synthetix surged 155%. This was followed by one of the most powerful FOMO spikes in the network's history:
- 2,725 active wallets in a single day;
- 975 new wallets created in a single day;
- 229 whale transfers of over $100,000 in a single day.
At the same time, the average age of SNX held during this period decreased by 24 days.
- 2,725 active wallets in a single day;
- 975 new wallets created in a single day;
- 229 whale transfers of over $100,000 in a single day.
At the same time, the average age of SNX held during this period decreased by 24 days.
💸 #BTC Over the past 24 hours, ~$627M worth of contracts have been liquidated, of which longs have liquidated ~$425M and shorts ~$202M.