╭═════👇Crypto Hot News👇 ═════╮
☞ Tesla transfers 11.5K BTC 🫧
☞ Israel will soon respond to Iran🫧
☞ Canary Has Files $LTC Spot ETF 🫧
☞ XRP launches stablecoin🫧
☞ Grayscale seeks listing🫧
☞ KEY merged into Singularity Finance🫧
☞ Trump $WLFI coin sale live🫧
☞ TIA Shwap upgrade🫧
╰═════ ✰ 【2024.10.16】 ✰ ═════╯
【Details Summary】
🔹Tesla's Bitcoin wallet has been silent for the past two years and has now transferred about 11.5K $BTC (US$770 million) to a new wallet. It has not been checked whether this wallet is an exchange-related wallet.

🔹There is speculation that Israel will soon begin to retaliate against Iran. Israel, which is considering retaliation against Iran, has reportedly told the United States that it will not target Iran's nuclear or oil facilities.

🔹LTC - Canary Capital has filed an S-1 with the SEC seeking approval for a Litecoin spot ETF.

🔹XRP - Ripple has launched a stablecoin pegged to the US dollar.

🔹Grayscale has applied to convert the Grayscale Digital Large Cap Fund into an ETF. It is primarily composed of 75% BTC, 19% ETH, and the remaining SOL, XRP, and AVAX.

🔹KEY - SelfKey, SingularityDAO, and Cogito Finance plan to merge into Singularity Finance, which focuses on the tokenized AI economy. KEY, SDAO, and CGV merged into SFI at a ratio of 1:1, 1:80.353, and 1:10.89, respectively.

🔹WFLI – 686.31 million WLFI (about $10 million) have been sold to date.

🔹TIA – Celestia released its first DA network upgrade, Shwap. After further testing, Shwap will launch a mainnet beta in November.

A whale spent $9.36M to expand his $AAVE position two days ago!

Since October 13, whale "0xfcc" has spent $8.92M in $USDC and $DAI, plus $61.7K in $WBTC ($388K), buying 60,624 $AAVE at an average price of $154.5, currently up $529K (+5.65%). The last purchase was 9 hours ago.

Note that $4.7M of the stablecoin was borrowed from Aave via a revolving loan, indicating a strong long position on $AAVE.

╭═════👇Crypto Hot News👇 ═════╮
☞ BTC reaches 66K 🫧
☞ Bitcoin ETF inflow exceeds $550 million🫧
☞ Blackrock Larry Pink's expectations for Bitcoin🫧
☞ Harris supports cryptocurrency regulation🫧
☞ WLFI token sale today🫧
☞ CB lists $DEGEN🫧
☞ ENA Ethereum network🫧
☞ KAVA major announcement🫧
☞ DRIFT driftSOL launch🫧
╰═════ ✰ 【2024.10.15】 ✰ ═════╯

【Details summary】

🔹BTC - Bitcoin soared, reaching 66K again about two weeks later, and the market was booming.

🔹Bitcoin ETF inflows surpass $550 million, highest since early June.

🔹During BlackRock’s Q3 earnings call, CEO Larry Pink called Bitcoin and digital assets an emerging asset class and compared it to the early days of the mortgage market. He also said Ethereum’s role as a blockchain could grow substantially.

🔹Kamala Harris is expected to announce her support for a regulatory framework for cryptocurrencies in her speech today.

🔹WLFI - World Liberty Financial announced that its governance token WLFI will be available for public sale to whitelisted participants starting at 1pm (UTC) today.

🔹DEGEN - CB announced the launch of DEGEN today.

🔹ENA - Ethena Labs has created a separate Ethena Network X account and will announce a network launch schedule and new ecosystem applications in the coming weeks.

🔹KAVA - KAVA has made an exciting announcement on its X tomorrow.

🔹DRIFT - Drift Protocol has launched $dSOL, $SOL LST. dSOL has an APY of ~8.63% and FUEL rewards on Drift have increased 5x.

Not long ago, an address transferred 911,000 UNI ($7.39M) to the exchange.

Cost price: $9.66
If sold, the expected loss is $1.41M (-16%)

China's exports are strong, import growth is stagnant, and domestic consumption continues to be weak. This is another form of K-shaped economy.

Whale is selling $SPX for profit!

2 months ago, he bought 7.79M $SPX for only $161K and started selling $SPX 11 hours ago.

So far, he has sold 638K $SPX ($562K) at $0.88, leaving him with 7.15M $SPX ($6M).

His profit on $SPX is $6.4M, a 40x return!

V God continues to sell MEME coins...

V God once again converts memes into 651.57 ETH, worth $1.6 million
🔹200K $MSTER ➠ 93.2 ETH ($228,831)
🔹20B $MILO ➠ 20.74 ETH ($51,184)
🔹15M $POPCAT ➠ 27.1 ETH ($67,181)
🔹500,100 $TCATI ➠ 12.8 ETH ($31,430)
🔹311,908,405 $VITALIK ➠ 5.5 ETH ($18,824)
🔹10B $MOODENG ➠ 395.94 ETH ($820,450)
🔹31.40T $FWOG ➠ 22.52 ETH ($55,858)
🔹500M $EBULL ➠ 73.77 ETH ($182,958)

In the past 11 hours, Vitalik exchanged a total of $907.97 in ETH worth $2.23 million.

China 🇨🇳 announced that it will provide $325 billion to support the economy in the next three months to strengthen banks, revive the real estate market and promote consumption.

China's major banks also said that they will lower existing mortgage rates from October 25, and the loan prime rate in eligible regions will be lowered by at least 0.3 percentage points.

Former President Trump announced that the WorldLibertyFi token sale will take place on the morning of Tuesday, October 15 (the Fourth of July).

Vitalik Buterin earned 257.11 $ETH ($633K) by selling 6#memecoinsin the last 50 minutes!

The 6 memecoins he sold included:
• 114 $ETH for 330K $MSTR ($281K)
• 14M $POPCAT ($185K) for 749K $ETH
• 14B $ITO ($90K) for 365K $ETH
• 1.05M#ETH6900($378K) for 1537 $ETH
• 505B $SATO ($279K) for 1134K $ETH
• 10B $Milo ($117K) for 477 $ETH

Vitalik has been selling#memcoinsfor the past week to donate to charity. He'll likely do the same this time!

What needs to happen for US inflation to reach the Fed's official 2% target:
Core services inflation falls
Core goods inflation does not pick up significantly
Oil and food prices are contained
To limit inflation spillovers.

RCP's polling average now has#Trumpleading in 6 of 7 swing states.

He needs 3 to win.

This never happened in 2016 or 2020. Poll data tends to skew left, which sends Democrats into a panic. 😨

This panic feeds into their messaging, making the situation worse.

In the past hour, DWF Labs deposited 1M $FET ($1.43M) and 500K $AXL ($382K) to #Binance, likely for sale.

17 days ago, they deposited another 1M $FET worth $1.6M after receiving a $10M $FET deposit from Fetch_ai. They still hold 8M $FET worth $11.49M.

They also sent 2M $AXL ($1.28M) to an address associated with Axelar, then to a burn address. Interestingly, they received 2.5M $AXL ($2.95M) from a burn address 8 months ago.

2 hours ago, a whale sold 16M $PEOPLE ($1.23M) for a loss of $250K.

The whale bought 16M $PEOPLE ($1.23M) on July 1 and July 21 at $0.093.

Is the whale's 🐳 buying long-term? Short-term profit taking?
$NEIRO's price surged over 38% today! 🚀

Let's see who joined the $NEIRO game in the last 3 days before the surge:

1/#GSRMarketsaccumulated 15M $NEIRO ($939K, now $1.17M) 3 days ago.

2/ bwecapital.eth withdrew 4.065M $NEIRO ($298K) from the platform 9 hours ago.

3/ 10 hours ago, new whale 0xa1d exchanged 158.44 $ETH ($375K) for 5,150,000,000 $NEIRO.

4/ 20 hours ago, the new whale 0x00d exchanged $309,000 worth of $ETH and "the first Neiro on Ethereum" for $5.114 million of $NEIRO.

A 25 basis point rate cut would be bearish for the cryptocurrency market, and the crypto market would look for support again!

Alberto Musalem, president of the Federal Reserve Bank of St. Louis, advocated a cautious path of rate cuts (i.e., a 0.25% rate cut at the upcoming meeting), warning that the risk of a too-large rate cut outweighs the risk of a slower rate cut.

We are witnessing the next phase of Bitcoin adoption, from tech professionals to retail investors to large investors, from small companies to large Wall Street firms, from tech companies to financial companies, and now from El Salvador to the United States. People are beginning to recognize the value of Bitcoin and understand its economic value, and the typical country is Bhutan.

Bhutan's path to economic independence is Bitcoin mining

- Bhutan has built a large hydroelectric infrastructure using its large water reserves and the natural flow of rivers.
- Bhutan has a large surplus of energy, and most of Bhutan's electricity is sent to India, but the country has also begun to use hydropower to mine Bitcoin to promote economic independence and social development.
- Bhutan holds more than 13,000 Bitcoins, making the country the fourth largest Bitcoin holding government in the world, surpassing El Salvador and second only to the United States, China, and the United Kingdom.
- Bhutan's investment in hydropower has driven economic growth, and Bitcoin accumulation may further change the country's economic prospects.

Sun Ge continues to cause trouble for the "King of Heaven" project!
Looking forward to how EIGEN ➠ will step into the dead of heaven project step by step...

Justin Sun received another 3.62 million $EIGEN ($14.1 million) from EigenLayer's 9.93 million token unlock last night and deposited all of them on Binance at a price of about $3.89.

Since the listing of eigenlayer on October 1, justinsuntron has claimed and deposited a total of 8.86 million $EIGEN ($35.61 million) to#Binanceat an average price of $4.02.