📊 #BTC Cryptorank: the supply of BTC on exchanges continues to decline, indicating an increase in demand for long-term ownership.
✏️ #BTC Arthur Hayes posted a new essay noting that BTC could fall to $90,000.
📉 #BTC supply on exchanges hits 7 year low
Only 14.5% of all BTC now sits on centralized exchanges the lowest since August 2018. This decline signals growing investor confidence in long-term holding, & shrinking sell-side pressure.
Only 14.5% of all BTC now sits on centralized exchanges the lowest since August 2018. This decline signals growing investor confidence in long-term holding, & shrinking sell-side pressure.
🇧🇭🕹 The Central Bank of Bahrain (CBB) has issued a regulatory framework authorizing compliant issuance of stablecoins. #regulation
🤔 #BTC CQ: What happens in a bull market over the last two years when the average Funding Rate becomes negative? Fuel appears for liquidating bears and subsequent price growth due to futures.
👀 #BTC Elon Musk yesterday liked a tweet from a user who suggested that Musk was quietly accumulating bitcoins.
🇺🇸👀 #macro USA:
- Initial Jobless Claims: 233k (pre: 236k);
- Nonfarm Payrolls: 147k (pre: 139k);
- Unemployment: 4.1% (pre: 4.2%).
- Initial Jobless Claims: 233k (pre: 236k);
- Nonfarm Payrolls: 147k (pre: 139k);
- Unemployment: 4.1% (pre: 4.2%).
🇺🇸👀 #macro The current market probability that the Fed will cut interest rates in September is about 80%, down from 98% before the jobs report.
🇺🇸🇪🇺 EU says it's ready for a trade deal with the U.S. #tradewars
💰 #TON Blockchain startup Telegram TOP has raised $28.5 million in funding
🙋♂️ #BNB Nano Labs announced that it acquired 74,315 BNB on the OTC market at an average price of approximately $672.45.
🇺🇸👀 #macro US (June):
- S&P Composite PMI: 52.9 (pre: 53);
- S&P Services PMI: 52.9 (pre: 53.7);
- ISM Services PMI: 50.8 (pre: 49.9)
- S&P Composite PMI: 52.9 (pre: 53);
- S&P Services PMI: 52.9 (pre: 53.7);
- ISM Services PMI: 50.8 (pre: 49.9)
🤑 99% of #BTC holders are currently in profit as the asset inches closer to its previous all-time high.