🇬🇧 English Supreme Court rules that Tether's stablecoin $USDT is considered property.

“USDT attracts property rights under English law.”
"It can be searched and can be held in trust in the same way as other property."

https://www.coindesk.com/p...

🚨 MicroStrategy announces that it has acquired an additional 18,300 BTC for $1 .11 billion ($60.408 per Bitcoin)

⛏️ Bitcoin mining was significantly less profitable in August.

According to investment bank Jefferies, “September is shaping up to be another tough month as BTC remains below $60 ,000 and the network hashrate continues to climb.”

🇺🇸 Republican Rep. John Rose is proposing a bill to establish a joint advisory committee between the SEC and CFTC on digital assets.

It would consist of 20 representatives from the crypto industry and would aim to allow the sector to provide advice to both agencies on their respective rules, regulations and policies 👀

🤖 OpenAI launches its new ChatGPT o1 model, with reasoning capabilities worthy of a math student.

ChatGPT o1 is designed to spend more time thinking before answering.

🚨 SWIFT launches system to simplify tokenized asset (RWA) transactions.

SWIFT is updating its system to support real-time transfers of tokenized assets, connecting blockchains, CBDCs and fiat currencies for seamless global transactions.

“Our vision is that our members can use their Swift connection to transact interchangeably using both existing and emerging asset and currency types.”

https://www.swift.com/news...

💬 BlackRock claims on its website that #Bitcoin "could serve as a hedge against growing global disorder and declining confidence in governments, banks and fiat currencies."

🔵 Coinbase launches cbBTC, its Wrapped Bitcoin.

The ERC-20 token will be backed 1:1 by Bitcoin (BTC) held by Coinbase.

cbBTC will be supported on Base and Ethereum, with plans to expand to other blockchains.

“By aggregating assets across more chains, wrapped assets like cbBTC help build a more efficient, interconnected and expansive financial ecosystem.”

💥 Bitcoin is correlated with money supply growth!

The "coincidence" between the ATHs of the last two bullruns and the coin issuance is striking!

⏳ The return of the printing press being only a matter of time, this is rather good news for us 👌

🚨 The European Central Bank lowers its interest rates to 3.5%

🇺🇸 Gary Gensler Under Investigation by Congress. SEC May Have Screened Hires Based on Candidates' Political Affiliation.

Released emails show that the director of the Trading and Markets division of the SECGov , Dr Haoxiang Zhu, allegedly made comments suggesting selection based on political affiliation 👀

The House of Representatives believes that an investigation is necessary to verify a possible discriminatory recruitment policy.

If proven, this could constitute a violation of the Civil Service Reform Act 1978 ⚖️

💸 In 2023, Tether generated $6 .2 billion in profits with about 100 employees, more than BlackRock's $5 .5 billion and its 20,000 employees

🚨 The UK is proposing a bill to officially and legally recognise #cryptomonnaies as personal property.

#Bitcoin 🚀

🚨 The $1 .5 million CryptoPunks 2386 just sold for just $23 ,000 in a stroke of genius.

To put this into context, you should know that this CryptoPunk was split into 10,000 ERC20 tokens on 09/26/2020, and distributed among 257 holders, via a platform now out of service called Niftex.

Indeed, this NFT being very rare, it had been split in order to become more affordable and to allow everyone to own a part of a Punks.

But with the platform closed, it became difficult to sell or buy a fragment of this Punk.

However, the smart contract linked to the NFT remained valid on the blockchain, and an individual activated a buyback feature to ultimately take possession of the NFT for a fraction of its current value.

"Any shareholder can propose a buyout price, and if no one counters, he can buy the asset after 14 days."

So the offer was 0.001 ETH per share, or 10 ETH for the 10,000 shares. And the countdown that almost no one could see began.

After the 14 days, the individual got his hands on the NFT for a pittance.

Developer 0xQuit calls the operation the "theft of the century."

📊 The DEX landscape is changing!

Uniswap's market share has fallen from over 50% in October 2023 to less than 36% today.

Pancakeswap, Aerodrome, Orca and Raydium all exceed 7% market share 📈

🇺🇸 Cryptocurrencies were not mentioned during the debate between Kamala Harris and Donald Trump tonight.

The latter, however, saw its rating drop by 3% on the Polymarket prediction market, compared to a 3% increase for Kamala Harris 📊

The debate between Donald Trump and Kamala Harris was heated to say the least...

The summary 👇

What initially got the most attention was that Kamala Harris appeared to have worn "earpiece" earrings so that people could whisper "punchlines" to her.

Tensions over Ukraine:
Harris accuses Trump of literally wanting to abandon Ukraine, acknowledges that Russia has not threatened to use nuclear weapons but advocates a rapid end to the conflict.

Disagreements over foreign policy:
Trump fears global escalation, Harris defends international engagement

Lively exchanges on the economy:
Harris criticizes the tariffs that Trump wants to impose (especially on Chinese products), calling them a "sales tax" on the middle class, and blames it for current inflation.

Heated debate on immigration:
Trump alarmist accuses Biden-Harris administration of letting in "dangerous" immigrants while Kamala Harris accuses him of dividing the nation.

Abortion Clash:
Harris defends abortion rights, Trump calls for return of decision to states.

Post debate:
Taylor Swift, "America's Sweetheart," has announced her support for Kamala Harris. The potential impact on "young people" is massive

If the government was a real business it would have been bankrupt a long time ago. The only thing keeping it going is the fact that people pay their taxes out of fear of going to jail if they don't (violence) and most importantly THE MAGIC MONEY PRINTER.

Further proof of the charade: the US government has hired 87,000 new agents to collect taxes with an average salary of 100k/year.

So this cost taxpayers $8 .7 billion and these agents managed to collect $1 .3 billion.

So, a deficit of -$7.4 billion... which will be paid by taxpayers. And of course the government will boast about having collected $1 .3 billion more in taxes.

How did we get here?

🇷🇺 Vladimir Putin praises Russia's crypto mining capabilities ⛏️ , stressing that the country is a world leader thanks to its energy surplus in Siberia.

Russia produced 54,000 $BTC in 2023, generating over $550 million in taxes 💰

The country is banking on the #cryptomonnaies for its economic future and to avoid international sanctions

🇺🇸 North Carolina passes anti-CBDC bill.

The North Carolina General Assembly passed a bill that prohibits state involvement in testing a CBDC

🇯🇵 Metaplanet buys 38.4 additional bitcoins for $2 million.

Bringing his assets to 398.8 BTC or $26 million

🚨 Dominance of #Bitcoin still on this trendline.

Bitcoin Dominance Decline: This is when Bitcoin's share of the total cryptocurrency market cap declines, often because #altcoins s are gaining value or popularity more quickly.

Altseason: This is a period where #altcoins performs much better than #Bitcoin , with prices rising sharply for these cryptocurrencies.

PS: a decrease in dominance does not in any way mean a decrease in the price of #Bitcoin .

#Altseason Tick, Tock ⏳

🐋 A whale loses over $17 million after selling around 28,500 ETH following the market drop on September 7.

This whale had accumulated over 30,000 ETH at a price of around $2 ,850 between December 2023 and July 2024

You panic and you will regret it, be careful my friend 🫱🏾‍🫲🏼

🚨 Bloomberg reports that Kamala Harris could fire Gary Gensler in the coming days.

Kamala Harris donors are privately urging her team to fire Gary Gensler from the SEC.

#btc 🚀

GM friends ☕️
Japan's largest power company TEPCO to use surplus renewable energy to mine Bitcoin 🔥

This will allow them to put an end to energy waste, while making profits to maintain their energy parks

🔮 According to Bernstein, Bitcoin could reach $90 ,000 by the end of the year if Trump becomes president again.

If Kamala Harris wins, BTC could test the $30 ,000-$40,000 range

🇯🇵 Japanese energy giant TEPCO is testing Bitcoin mining using excess solar power.

Agile Energy X subsidiary is testing #Bitcoin mining, with the aim of driving green energy adoption and potentially generating $2 .5 billion per year, by allocating just 10% of that excess energy to Bitcoin mining.

📱❌ SpyAgent, the new threat specialized in cryptocurrency theft, seen in more than 280 Android applications...

McAfee's Mobile Research Team has discovered a new type of mobile malware that targets seed phrases by scanning your device for images that may contain them.

This Android malware cleverly disguises itself as various trustworthy applications, ranging from banking and government services to TV streaming and utility apps.

However, once installed, these fake apps secretly collect and send your text messages, contacts and all images stored on servers.

https://www.mcafee.com/blo.../