🇳🇴 Hadsel, a town in Norway whose mayor and its 8,236 residents pushed to shut down a local Bitcoin mining company, is now facing a 20% increase in its electricity bills due to lost revenue for the local power company

https://cointelegraph.com/...

Russia Will Establish Cross-Border Cryptocurrency Payment Regulations By November

Anatoly Aksakov, Chairman of the State Duma's Financial Markets Committee, announced that the Russian Central Bank and Ministry of Finance are working on regulations for cross-border cryptocurrency payments. The government aims to finalize these regulations by the end of November.

Initially, the Russian government will test the cryptocurrency payment mechanism under an experimental legal regime (ELR). This means only selected participants, such as credit institutions and banks, will be involved in the process. The goal is to minimize risks and develop regulations to protect the market from fraud. Aksakov noted that companies are already using cryptocurrencies for import and export payments, with transaction volumes expected to reach billions of dollars. He emphasized the need to limit the number of financial institutions participating in the initial phase to better understand the market and develop effective regulatory measures.

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

🇺🇸 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 👀

💸 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 🚀

Good afternoon Future billionaires 💰
hope you all are having a good mid week

just want support from the community and letting you all know my Crypto account called 0x_D3Ku have been ⚠️hacked on twitter last night
https://x.com/0x_D3Ku/

please 🙏if you got the time report that account any know how by reporting them for impersonating me they just got my twitter and posting as me it wil be highly appreciated stay safe and have a good week ahead #BullVerse 📈

but you can follow my OG channel
https://x.com/OGD3KU/

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?

🇺🇸 North Carolina passes anti-CBDC bill.

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

🇯🇵 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.

🚨 BREAKING 🚨

This is crazy:

Interest expenses on the US federal debt have surpassed a RECORD of $3 billion PER DAY.

TRIPLING the amount paid 10 years ago and DOUBLING the amount paid just 2.5 years ago 😅💸

The bubble just keeps getting bigger, and the worst thing is that they are not doing anything to try to stop it...

Thanks Satoshi for getting us out of this... #Bitcoin

Bitcoin spot ETFs saw a total net outflow of $170 million on September 6, marking the eighth consecutive day of outflows. The total net asset value has dropped below $50 billion, now standing at $48 .243 billion.

🚨 River Corporation predicts that over the next 18 months, about 10% of U.S. companies will convert 1.5% of their cash reserves into #Bitcoin .

That would be around $10 .35 billion.

Since 2020, companies that invested 3% of their cash in BTC have been more resilient to inflation

We are 180 days into a correction since we made an ATH in Bitcoin and market sentiment is worse than when BTC was at 15K.

Ethereum has lost nearly $250 billion in market cap over the summer, even with ETFs coming to market.

And what happened?

> Massive exits and sales by Grayscale.
> Massive MT.GOX distributions.
> Mass distributions from the United States.
> Germany selling +50,000 BTC.

And what is to come?

> US interest rate cuts.
> Gradual increase in global liquidity.
> United States elections.
> FTX Refunds (+$16B).

And all this with stablecoins reaching all-time highs.

Is this the end? Are we all going to die?

I don't believe it.

For me nothing has changed.

Nobody said the bull market was going to be easy.

The best, for me, is yet to come.

You already know what happened next, the times when the feeling was as shattered and terrifying as the one we are experiencing now.

The difficult moments are what separate babies with poop on their butts from legends.

Everyone is very pro, everyone is very cocky, very gangster and very brave until it is time to buy the dip when at all hours they say that we are going to visit lower areas and everyone is terrified and with their balls in their throat.

We've all heard "If you come down to X area I'm going to put my house in your house" then they come down and shit their pants and don't buy.

It seems like a meme, but it is not.

There is something that will never change.

> The vast majority of people will sell out of fear.
> The vast majority of people will buy out of euphoria.

And it is certainly the fastest way to lose money in this market.

Sorry, I didn't make up the rules of the game.

The road will be long and there will be monsters and corpses along the way, just try not to make it yours.

The bull market is not over.

They just want to steal your magic internet coins so that when they spend billions on marketing, they can buy them back at an exorbitant price.

Nothing has changed.

Patience, conviction, buy the dip & chill 🏝️

📊 Top blockchains by number of transactions for August

1. Solana - 1.1 billion
2. Aptos - 578 million
3. Tron - 225 million

It was unexpected to see Aptos in the top. The project seems to have gone off the rails and is on autopilot, but it's hard to tell from the activity. Are you doing something in the Aptos network? 🤔

Grass airdrop checker is now live!

Total supply: 1 billion $GRASS , with 10% for the first airdrop.

Airdrop Breakdown:

Closed Alpha: 1.5%
Epochs 1-7: 7%
Bonus Epoch: 0.5%
To Be Announced: 1%

Crypto is attractive because of its potential for fast gains

Utility isn't what's driving the majority of investors; if it were, $DOGE wouldn't hold the 4th highest market cap at $14 billion

When utility is overshadowed by speculation and quick profits, the spotlight naturally shifts to memecoins

If attention and fast gains are what truly matter, then memes will inevitably become the focus of the market

The only variable is how quickly you come to this realization

🇨🇭$290 billion Zurich Cantonal Bank launches Bitcoin and crypto offerings.

ZKB customers can now trade Bitcoin via the bank’s mobile banking app, eBanking, and other channels.

📉 The stock #Nvidia is down almost 10% today, recording the largest single-day market cap drop ever ($270 billion, almost the entire cap of Ethereum)

Gm ( Good morning ) future billionaires 📈

Can i get a GM , Who's active and we'll ✅️and grinding

🚨 Massive sales threaten Bitcoin!

💥 There are 46k BTC ($2 billion) left from Mt Gox to distribute: of the 100k already distributed, many have been sold.

Governments could join the sales: 🇺🇸 🇨🇳 🇺🇦 🇬🇧 holds 500k BTC, worth $30 billion...

Elon Musk Offers to Buy Ripple Labs (Including XRP Holding) for $25 BILLION

CTF Token on the XRP Ledger is along with XRP set to go from.97 to $1482 within weeks if the XRP Ledger Moves $40 Trillion as expected by 2025.

This comes after ELON MUSK reported owns over $11 .7 MILLION WORTH OF XRP!!

📅 13 years ago someone sold 30,000 #Bitcoin for.03 per BTC which was around $900 at the time.

Today, these 30,000 #btc would be worth more than 1.7 billion dollars...

Solana stablecoins market cap approaches $4 billion, the highest level in 682 days since October 2022.

Total market cap of Crypto Stablecoins hits 2-year high.

Market Cap: $169 billion

Tokenized US Treasury Bonds Surpass $2 Billion!

Does this sentence (and its implications) seem incomprehensible to you?

Let's break it down together

1. US Treasury bonds

These are securities issued by the American government, purchasable by anyone on traditional financial markets.

You are literally lending money to the US government and in return for this nice gesture, you are promised a return (currently 3.8 %)

Treasury bills are simply acknowledgements of debt.

The US government is indebted to you (congratulations, you have a superpower in your pocket!)

2. “tokenized”

Literally: injected into a blockchain

Treasury bonds are transformed from a "virtual electronic" state (information on the hard drive of the Fed or a central bank) to a "cryptographic" state by being transposed in the form of digital assets (i.e. tokens) on a blockchain network.

We are talking about "tokenization of financial assets"

3. What for?

Let's simplify:

- Cheaper, lower costs for the issuer (government) and the holder
- Fewer intermediaries (savings on this side too)
- Excellent liquidity
- Unlimited fragmentation potential (a treasury bond is sold at least in tranches of $100 , with tokenization it is possible to divide this threshold by 10, 100, 10,000 to make the asset accessible to a wider audience)
- Transparent
- Ultra secure
- Auditable
- ...

To put it simply, there is SO much upside to using blockchain for financial assets that there is NO scenario where this technological approach will not prevail in the coming decade.

These 2 billion are therefore a very timid incursion into a market of 27,000 billion dollars just for US Treasury Bonds (and this without even counting other asset categories, such as indexes, shares, financial real estate, etc.)

In short and in conclusion, the tokenization of global financial assets and "The (real) next big thing" for blockchain and crypto

🚨 BREAKING: DBS Bank 🇸🇬 ($500 billion in assets) has launched a new project to streamline government payments with blockchain technology ‼️👀

💬 “HOW MUCH is 1,000 billion?
1,000 billion seconds is 31,688 years.
America is going into debt to the tune of a billion dollars every 100 days.
Now you know why you should buy gold, silver and Bitcoin?

Robert Kiyosaki, author of "Rich Dad Poor Dad", speaks out once again on X about #Bitcoin

https://x.com/therealkiyos...

🚨 Matthew Sigel of VanEck, which manages $108 billion, told CNBC that the big sell-offs of #Bitcoin are now behind us

Bitwise Acquires ETC Group, a European Exchange Traded Products Provider, Increasing AUM to $4 .5 Billion 💰

Bitwise Plans to Expand Platform to Europe, Potentially Launching Bitcoin and Ethereum Spot ETFs