2 months ago
The summary of the news #crypto and markets
1) Powell (FED) leaves rates unchanged, no pivot decided, possible in September but reserves the possibility of acting until early 2025 if necessary
2) Senator Cynthia Lummis submitted her bill to make #Bitcoin a store of value alongside gold
3) Gold hits a new ATH close to $2 ,500 per ounce
4) According to several technical analysts $BTC is still in downtrend (lower high point and lower low point) which could lead it to a new low point in August around $48 -50k if the current supports do not hold
5) The results of META and Schneider Electric are good
6) MtGox BTC continues to be distributed while whales accumulate 600,000 BTC changed hands between $66k and $67k
7) GrayScale continue to sell their ETHE at a very sustained pace
8) Yesterday the inflows-outflows were just in balance for BTC and net negative again for ETH
9) The Hashrate of #Bitcoin at 2% of its ATH has recovered almost the entire period of capitulation of miners
10) Tether published their results, they generated 5.2 billion profits in the last quarter
11) Nancy Pelosi bought thousands more Nvidia shares
12) General activity (on and off chain metrics) around DeFi has increased sharply in recent weeks
13) UAE residents now have the ability to trade crypto directly from their bank account
14) Inflation rose by 0.1% in the Euro zone from 2.5 to 2.6%
1) Powell (FED) leaves rates unchanged, no pivot decided, possible in September but reserves the possibility of acting until early 2025 if necessary
2) Senator Cynthia Lummis submitted her bill to make #Bitcoin a store of value alongside gold
3) Gold hits a new ATH close to $2 ,500 per ounce
4) According to several technical analysts $BTC is still in downtrend (lower high point and lower low point) which could lead it to a new low point in August around $48 -50k if the current supports do not hold
5) The results of META and Schneider Electric are good
6) MtGox BTC continues to be distributed while whales accumulate 600,000 BTC changed hands between $66k and $67k
7) GrayScale continue to sell their ETHE at a very sustained pace
8) Yesterday the inflows-outflows were just in balance for BTC and net negative again for ETH
9) The Hashrate of #Bitcoin at 2% of its ATH has recovered almost the entire period of capitulation of miners
10) Tether published their results, they generated 5.2 billion profits in the last quarter
11) Nancy Pelosi bought thousands more Nvidia shares
12) General activity (on and off chain metrics) around DeFi has increased sharply in recent weeks
13) UAE residents now have the ability to trade crypto directly from their bank account
14) Inflation rose by 0.1% in the Euro zone from 2.5 to 2.6%
