๐ฉ๐ TOTAL Crypto MCap is 22% down from its local top โ a healthy correction in a bull market! ๐ With strong support in place, we're poised for a bounce soon. Get ready! ๐ #Crypto#BullMarket
๐ Yesterday marked the biggest #Bitcoin ETF outflow as every fund sold $BTC. Notably, it was #BlackRock first outflow since ETF inception.
Yesterday's Total Outflow: 9.29k BTC ($563.7M), marking the sixth straight day of ETF outflows. ๐
๐Today's top news ๐ฐ
1๏ธโฃ Hong Kong's six new spot #Bitcoin and #Ethereum ETFs saw HK$87.5 million ($11.2 million) in trading volume on their first day. ChinaAMCโs #Bitcoin ETF led with HK$37.16 million traded, with $121.7 million under management๐ฐ
2๏ธโฃ Coinbase electrifies #Bitcoin with lightning network integrationโก๏ธ
3๏ธโฃ Binance Founder Changpeng Zhao to Appear in Court Today for Sentencing.
4๏ธโฃ $Sui and #GoogleCloud join forces for web3 innovation๐ค
5๏ธโฃ OpenAI in Talks for Partnership with Worldcoin $WLD.
6๏ธโฃ Eigenlayerโs $EIGEN airdrop announcement, introducing non-transferable tokens and stringent geo-restrictions, has stirred controversy among users dissatisfied with the minimal allocation and perplexing documentation.
1๏ธโฃ MicroStrategy adds 122 $BTC for $7.8 million ๐ผ
2๏ธโฃ Hong Kong's spot #Bitcoin ETF commences trading ๐ญ๐ฐ
3๏ธโฃ Post-halving, US ETFs continue to accumulate #Bitcoin ๐
4๏ธโฃ An Australian BTC ETF is expected by the end of 2024 ๐ฆ๐บ๐
5๏ธโฃ Institutional adoption surges as more entities integrate Bitcoin into their balance sheets ๐ผ
The stage is set for supply squeeze and mass adoption ๐
Where does this trajectory take Bitcoin?
#ToTheMoon ๐๐๐ฐ
๐จ๐จHong Kong Spot #Bitcoin ETF officially begins trading, marking a significant leap in Asian crypto investment!
Get ready for the big moves from the East. ๐๐ฐ
NEW: ๐ท๐บ Russia is NOT banning #Bitcoin or crypto, says the lawmaker who actually drafted the new legislation.
Russia is banning the creation of domestic crypto exchanges and payment services.
๐จ BREAKING NEWS ๐จ
#Russia to impose strict restrictions on crypto assets such as #Bitcoin to strengthen ruble dominance. From September 1, only digital financial assets issued within Russia's jurisdiction will be allowed.
https://t.co/hOoTKnSPFb.