✅ Even with today's dump, BTC is on track to finish September with a nearly 7% return, its best performance since 2013, which is bullish for the next month 🕯

Daily Digest:

🔸  SoftBank will invest $500 million in OpenAI's latest funding round

🔸 Bithumb CEX announced that it is considering listing on the Nasdaq in the US 🇺🇸

🔸 Matrixport acquires Swiss crypto asset manager Crypto Finance (now, Matrixport Asset Management)

🔸 Binance announced it will list the EigenLayer $EIGEN token at 05:00 (UTC) on October 1, 2024

🔸 Digital asset investment products saw a total inflow of $1.2 billion for the third consecutive week last week 💰

🔸 NFT sales plummeted to the lowest monthly volume since 2021

🔸 It looks like Israel's ground operations inside Lebanon are about to begin

🔹 Prices:

🥇 Bitcoin - $63,753 (↓3.4%)
✨ Ethereum - $2,611 (↓2.1%)
🧪 S&P 500 - 5,762 (↑0.42)
🕗 DXY - 100.76 (↑0.38%)
🌉 Gold - 2,634 (↓0.89%)

Classic 😂

China's stock market has gone parabolic this week rising +21% in 7 days  on the back of stimulus hopes 🔼

The Fed chair discussed how the U.S. labor market has remained solid as inflation cools, and suggested that we shouldn't expect another 0.5% rate cut in the next two meetings 😇

Ripple has acquired in-principle financial services license approval from Dubai’s DFSA, moving closer to offering cross-border crypto payment services in the UAE 🇦🇪

Restaking protocol EigenLayer's native token $EIGEN is now transferrable and trading at a fully diluted value of $6.88 billion on all major exchanges 🤥

🔹 Last 24 hours top 3 gainers:

Fantom - $0.759 (↑11.01%)
Bonk - $0.0000258 (↑10.66%)
Popcat - $1.043 (↑10.72%)

#GM

Market reacts to escalation of conflict in the Middle East 🇮🇱🇮🇷🇱🇧

Israeli military is calling on the residents of dozens of towns in southern Lebanon to evacuate immediately.

Reportedly, Iran is prepping ballistic missile attack against Israel.

Stocks and crypto 🔽

Oil price 🔼

Iran launches a missile attack on Israel, expanding the Middle East conflict 😔

This is in no way bullish for the markets, but the selling is very limited so far 📉

Wild move by Bitcoin today, but it looks like we may have found some support in the $60k area 🥇

✅ Bitcoin price dropped sharply as "Uptober" begins with mass liquidations in the market amidst Middle East conflict escalation 😨

Daily Digest:

🔸 Robinhood is now offering crypto transfers in and out of its app to customers in the European Union

🔸 Iran launched a missile attack on Israel, expanding the Middle East conflict

🔸 The Fed chair says we shouldn't expect another 0.5% rate cut in the coming months 👍

🔸 Ripple has acquired in-principle financial services license approval from Dubai’s DFSA

🔸 Restaking protocol EigenLayer's native token $EIGEN is now trading on all major exchanges 🤥

🔸 MHC Digital Group and Circle have announced plans to cooperate to increase the distribution of Circle’s USDC

🔹 Prices:

🥇 Bitcoin - $61,111 (↓3.4%)
✨ Ethereum - $2,462 (↓5.6%)
🧪 S&P 500 - 5,708(↓0.93%)
🕗 DXY - 101.20 (↑0.01%)
🌉 Gold - 2,658 (↓0.17%)

It's just business as usual 😅

Total liquidations on futures in the last 24 hours exceed $555 million. Bitcoin struggles to hold above $61,000 📉

Crypto native asset manager Bitwise registered a trust entity in the state of Delaware to launch the ETF based on XRP 🥏

The Australian Federal Police has seized $6.4 million in crypto as part of an investigation targeting an encrypted communication app Ghost 🦘

According to founder and CEO Pavel Durov Telegram has been disclosing the IP addresses of criminals to authorities since 2018 🔵

Bitcoin ETFs saw outflows of $242.6 million on Tuesday amid escalating tensions in the Middle East, the biggest outflows since September 3 🔽

🔹 Last 24 hours top 3 gainers:

Wormhole - $0.372 (↑20.85%)
MANTRA - $1.28 (↑2.84%)
Conflux - $0.186 (↑1.59%)

#GM

Reason to be bullish 🐂

• Bitcoin had its best-ever price performance in September. Historically, 80% of Octobers were green, setting a strong precedent for a positive month ahead.

• 100% of years with a green September also had a green October, November, and December.

• In 100% of US election years, October, November, and December were green. This adds to the likelihood of continued growth this month 📈

Are you bullish or bearish for October?

Bullish — 👍

Bearish — 😢

3 rules to "make it" in crypto 👇

• It's never just about what you think will happen, but what the market thinks will happen. Focus on sentiment, not just personal predictions. Instead of judging whether the price will go up, think about what others think will happen to the price 🤔

• Most people only think about buying cheap and holding, but knowing how to exit and take profits is equally, if not more, important. Your strategy should include both.

• Your biggest challenge isn't the market or some random event; it's your own greed. Stay disciplined and stick to your plan 🤟

#FAQ

✅ The crypto market struggles to recover after yesterday's dump, even as the US stock market is flat ETH and most altcoins are down 🔽

Daily Digest:

🔸 Bitcoin ETFs saw outflows of $242.6 million, the biggest outflows since September 3

🔸 Bank of America servers went down, customers report zero balances 🇺🇸

🔸 SEC files appeal against district court verdict, Ripple case continues

🔸 SEC chief enforcer, Gurbir Grewal, will step down on Oct. 11

🔸 Crypto native asset manager Bitwise registered a trust entity in the state of Delaware to launch the ETF based on XRP 🥏

🔸 The Australian Federal Police has seized $6.4 million in crypto targeting an encrypted communication app Ghost

🔸 Turns out Telegram has been disclosing the IP addresses of criminals to authorities since 2018

🔹 Prices:

🥇 Bitcoin - $60,766 (↓0.3%)
✨ Ethereum - $2,367 (↓4%)
🧪 S&P 500 - 5,709 (↑0.01%)
🕗 DXY - 101.61 (↑0.42%)
🌉 Gold - 2,658 (↓0.17%)

Join our chat 🗯

A resistance around $60,000 has kept the Bitcoin price from falling lower, but the bulls are getting worried because instead of a V-shaped recovery, the market seems to be continuing its decline 📉

OpenAI has raised $6.6 billion in its new funding round to accelerate its efforts in the AGI for humanity's benefit, reaching a post-money valuation of $157 billion 🤖

An early Ethereum investor offloaded 19,000 tokens of ETH accrued from the blockchain’s initial coin offering in 2014 worth around $47.5 million ✨

Banks in North America, Europe, and Asia are preparing to participate in trials involving digital assets by SWIFT which will begin in 2025 💲

🔹 Last 24 hours top 3 gainers:

Aptos - $8.4 (↑9.31%)
Flare - $0.016 (↑6.30%)
Stacks - $1.8 (↑1.99%)

#GM

Hamster Kombat and Catizen game tokens dumped by > 50% after airdrops 📉

• Hundreds of millions of users 

• Half a year of waiting 

• Airdropped dust 

• Both tokens are now down by half

How much worse could it get? 🤣

Bitcoin bulls are fighting to stay above the $60,000 level 👊

Are you buying, holding or selling?

Buying — 🐳

Holding — 👍

Selling — 🫡

New HBO documentary claims to have uncovered the true identity of Satoshi Nakamoto, the anonymous creator of Bitcoin 🤑

The documentary is set to go live on October 8 🍿

Any guesses?

✅ The bulls fought desperately all day to hold the support level of $60,000, the price only dipped below it a couple of times, but recovered immediately 🤞

Daily Digest:

🔸  A CryptoPunk NFT just sold for a record price of $56.3 million, likely money laundering

🔸 IMF called El Salvador to limit its public sector exposure to Bitcoin 🇸🇻

🔸 Hamster Kombat and Catizen game tokens are down by > 50% after airdrops

🔸 OpenAI has raised $6.6 billion at a $157 billion valuation

🔸 An early Ethereum investor offloaded 19,000 tokens of ETH accrued from the ICO 🔽

🔸 Banks in North America, Europe, and Asia are preparing to participate in trials involving digital assets by SWIFT

🔸 The FTX estate is preparing to auction off approximately 22 million Worldcoin tokens

🔹 Prices:

🥇 Bitcoin - $60,776 (↑0.3%)
✨ Ethereum - $2,350 (↓0.7%)
🧪 S&P 500 - 5,699 (↓0.17%)
🕗 DXY - 101.94 (↑0.26%)
🌉 Gold - 2,655 (↓0.03%)

Imagine the FOMO 😢

CoinGlass data shows that most October BTC gains appear in the latter part of the month, while the first week is generally bearish, meaning current price action remains in line with historical movements 📊

Lekker Capital chief investment officer says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles, adding that buying Bitcoin in its current price range of $61,000 is a “no-brainer” 🤔

Yesterday's record $56 million CryptoPunk NFT sale is more likely just an elaborate marketing stunt for a new memecoin, according to an NFT expert 🫥

Kraken announced that it has obtained the BMA license from the Bermuda Monetary Authority to launch a regulated derivatives trading platform 🇧🇲

🔹 Last 24 hours top 3 gainers:

Aerodrome Finance - $1.16 (↑9.86%)
Beam - $0.016 (↑7.25%)
Monero - $146.5 (↑6.27%)

#GM