BREAKING 🗞️ | Joe Biden announces withdrawal from president | Laraxen على Binance Square

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BREAKING 🗞️ | Joe Biden announces withdrawal from presidential nomination. 
#Biden  #Trump  $BTC 

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إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.

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Starknet set the time for STRK token staking: Accepted At Starknet, which is talked about a lot with this year's airdrop, the community has accepted the staking for the STRK token. At least 20 thousand tokens are required for staking, but those with fewer tokens will also be able to authorize others. The application is aimed to start at the end of the year. Ethereum Tier 2 network Starknet, which aims to increase scalability by using zk-Rollup technology, accepted the offer to implement the staking application. While the "SNIP 18" proposal was accepted by the community by a clear margin, it was stated that the testnet was aimed to start soon and the mainnet application in the last quarter of 2024. Users who want to stake will have to lock at least 20 thousand STRK tokens into the system. However, fewer token holders will also be able to authorize these people for staking and thus they will be able to do the staking transaction. However, a token generation/printing system was also adopted to balance token inflation with the reward mechanism. In order for the staked STRK tokens to be withdrawn, a 21-day period must pass after the locking. Eli Ben-Sasson, the CEO of StarkWare, the developer company behind Starknet, said in a statement: “This vote represents a very important milestone for Starknet in the transition to full decentralization. We are one of the few formations among the 2nd layer projects that give such an opportunity to the community”

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Republican torpedo investigation for Gary Gensler Recently, 3 lawmakers launched a torpedo investigation for Gary Gensler, who attracted the reaction of the Republicans and even Donald Trump said "I will fire him". Members of Congress requested some files related to the SEC's recruitment process and claimed to have evidence that the acquisition was made according to political opinion. While the US focuses on the elections in November, the debate around Gary Gensler is growing day by day. A torpedo investigation has now begun for Gensler, who is stated to be not satisfied with Democrats as well as the Republicans. Is he hiring according to the political opinion? Republican lawmakers Jim Jordan, Patrick McHenry and James Comer accused Gensler of hiring people from left-wing institutions and bringing them to senior positions. Patrick McHenry, one of the most well-known Republican parliamentarians and also the chairman of the Financial Services Commission, is remembered for being very harsh to Gensler at a commission meeting last year and almost scolding him. The 3 members of Congress claimed in the phrases in an e-mail correspondence announced to the SEC public that it was understood that according to the political opinion of Haoxiang Zhu, the institution's director of Transactions and Markets, it was considered proof of this. In the e-mail in May 2021, it is seen that Zu said to Gensler, "I am in the right place politically." Gensler has recently received harsh criticism not only from Republicans but also by Democrats. It is even claimed that Kamala Harris's donors were also uncomfortable with Gensler and demanded his dismissal if the election was won. Gensler's name was also mentioned as the Secretary of the Democrats' Treasury in the USA.

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$1.7 billion Bitcoin changed hands in 3 days, reserves returned to 2018 Bitcoin miners sold 30 thousand BTC in the last three days. The amount of BTC in cryptocurrency exchanges also decreased to the November 2018 level. On the other hand, fixed coin reserves are increasing. While Bitcoin was going back and forth between 53 thousand and 58 thousand dollars, it was sold at an unprecedented rate by miners. According to the data provided by Santiment, the BTCs in the hands of Bitcoin miners have decreased from about 2.17 million to 2.14 million since August 8. In other words, 30 thousand BTC (about 1.7 billion dollars) changed hands. On the other hand, the amount of Bitcoin held in cryptocurrency exchanges has also decreased significantly in recent days. This amount, which is 2 million 627 thousand, has decreased to 2 million 588 thousand as of today. Thus, the number of BTCs coming out of the exchanges since September 8 has reached 40 thousand (about 2 billion 250 million dollars). In addition, the number of BTC in the stock exchanges was so low in the last November 2018 period. The amount of Bitcoin held on cryptocurrency exchanges is at its lowest level since November 2018. Source: CryptoQuant The fall in stock market reserves is considered as a bullish signal. This means that investors tend to hold Bitcoin long-term. Therefore, while the circulating supply decreases, it creates an upward pressure potential on this price. Fixed coin reserves are also increasing While Bitcoin reserves in stock exchanges are decreasing, fixed coin reserves ready to buy are increasing. USDT ERC-20 reserves, which were 22 billion dollars last week, increased by another 200 million dollars to 22.2 billion dollars. USDC ERC-20 reserves increased by 800 million dollars in the same period.

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JUST IN: 🇬🇧 The UK passes a new law recognizing Bitcoin and other digital assets as personal property, enhancing the legal protection of Bitcoin holders in the country.

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What will the Fed do after the inflation data: It fell more than ever seen recently The fact that the inflation figures announced in the USA came at the expected level also significantly increased the expectation of a 25 basis point discount in the markets. The 50 basis point discount expectation rate fell more than ever seen in the recent period and fell to 17% in the CME. The inflation data for August in the USA came within expectations. This situation has enabled the view that the economy has cooled down sufficiently and the possibility of recession is far from taking place in the markets. In addition, inflation in the USA has decreased in the last 5 consecutive months. 25 basis points increased to 83% In the CME Fed Watch Tool, where the Fed's interest rate decision expectation in the futures markets is priced, the expectation of a 25 basis point discount from the interest rate meeting on September 18 increased to 83%. The expectation of a discount of 50 basis points decreased to more than the recent period and decreased to 17%. Bitcoin price did not play After the announcement of the inflation data, it was also noteworthy that there was almost no change in the price of Bitcoin. The largest cryptocurrency is trading at $56,600 in the minutes when the news was written. Paul Ashworth, an analyst at Capital Economics, said in a customer note he shared, “We think the Fed will start its interest rate-cut policy with a 25 basis point discount. It is a high level that core inflation is 3.2 percent... This is due to a 5.2% increase in housing costs," he said. Citi says "First 25, then 2 50" On the other hand, Citibank shared an analysis stating that it expects discounts of 50 basis points in September 25 and in November and December.

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