2024.9.10 Cryptocurrency Circle Events🌍
● On September 9, the US Bitcoin ETF had a net outflow of 2846 BTC, and the Ethereum ETF had a net inflow of 1786 ETH
● $BTC - RSI has fallen to its lowest level since July, and was also low in September last year. Since September last year, BTC was 26k, but reached 73k 6 months later
● Arthur Hayes opened a $BTC short position, believing that $BTC could fall below $50,000 over the weekend, but quickly closed the position. Hayes believes that with more US dollar liquidity flowing into the market this week, the price of Bitcoin "may rise"
● Data from Hyblock Capital shows that market depth dries up on weekends, which is a common pattern for market turning points, suggesting that BTC's decline from the late August high of $65,000 is about to end
● $USDC - The USDC Treasury has minted an additional 50 million $USDC. Additional issuance of u is positive
● $PEOPLE-The first presidential debate between Trump and Harris will be held on September 11, driving the rise
● $ETH-Vitalik and the Ethereum Foundation's Ethereum sales are still continuing. Vitalik transferred 3,800 $ETH to the Multisig wallet and exchanged it for 190 $WETH and 434,300 $USDC. The Ethereum Foundation (EF) sold 450 $ETH at a price of 1,029,000 $DAI and transferred it to the EF wallet.
● The Ethereum Foundation-related address has invested 3,000 $ETH (6.9 million US dollars) in Kelp DAO. KelpDAO has mentioned that it will launch a token in the third quarter.
● $RPL-Binance has listed $RPL on the futures market.
● $MKR $SPK-Sky (renamed from MakerDao) launched a star token. When a subdao like Spark launches its token, $USDS providers can earn that subdao’s token as a reward. It is expected that the first Star token will be $SPK.
● $ETHFI - While announcing its partnership with Scroll, Ether.fi launched a new Visa cash card called “Ether.fi Cash”. The card will start shipping to pre-order customers on September 16.
● $TKO - Tokocrypto has been granted a Physical Crypto Asset Dealer (PFAK) license by Indonesia’s Commodity Futures Trading Regulator.
● $FLOKI - OKX also supports an airdrop from $CAT holders to $FLOKI holders. The snapshot has been completed and the Binance airdrop payout schedule mentioned by the $CAT team is this week, so whether it will go live remains to be seen.
● $Sushi - Dojo Meme Coin launch postponed to September 17
