Italian Central Bank Governor compares $BTC and $ETH 🤔 " | Crypto_HODL on Binance Square

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Italian Central Bank Governor compares $BTC  and $ETH  🤔
"Unsecured crypto assets such as Bitcoin and Ethereum have no intrinsic value, are sometimes traded through non-transparent schemes and cannot perform monetary functions" 🤨
#BTC☀ #ETH🔥🔥🔥🔥 #Write2Earn! #CryptoNewss 

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US $BTC ETFs Bleed $1.2 Billion in Longest Run of Net Outflows - Bloomberg 💲 🔼 Investors pulled cash from the funds for eight straight days 🔼 Anxiety in global markets is spilling over into digital assets U.S. bitcoin exchange traded funds saw their longest daily net outflows since listing earlier this year, part of a broader retreat from risky assets during a difficult period for global markets. Investors withdrew a total of nearly $1.2 billion from the group of 12 ETFs in the eight days through Sept. 6, according to data compiled by Bloomberg. The drop came amid a volatile period for stocks and commodities, driven by concerns about economic growth #BTC☀ #ETFvsBTC #CPI_BTC_Watch

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CryptoQuant: the number of $BTC on OTC wallets is the maximum since June 2022. Historically, an increase in the number of BTC on OTC wallets has been accompanied by a decline in the value of Bitcoin. OTC Bitcoin trading balances for miners have increased by more than 70% over the past three months, rising from 215,000 $BTC in June to 368,000 $BTC in August - an increase of 153,000 BTC. These balances haven't reached these levels since June 2022. Miners often resort to over-the-counter (OTC) transactions to sell Bitcoin, seeking better execution without affecting the market price as they would on exchanges. #BTC☀ #Miners #wallets #bitcoin☀️

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