Tesla's third-quarter 2023 earnings report showed their quarterly revenue increased 9% to $23.35 billion, while gross profit margin fell to 17.9%.

Additionally, Tesla still holds 9,720 bitcoins, worth about $275.6 million, meaning its holdings have not changed for five consecutive quarters. Tesla still has the third largest Bitcoin holdings for a public company.

Other highlights include:
⚫Tesla aims to increase production as quickly as possible in line with its 50% CAGR target.
⚫Tesla has sufficient liquidity to fund its product roadmap, long-term capacity expansion plans and other spending
⚫Tesla will continue to innovate to reduce production costs, but Tesla also expects profits to increase thanks to AI and software-related advantages
⚫Cybertruck delivery is scheduled for November 30, 2023.

US congressman says Gary Gensler refused to hand over documents requested by Congress 7 months ago.

Documents related to FTX.

And congressmen threatened to subpoena Gary Gensler

⚡️CNY Bitcoin gains legal recognition as a digital currency in Shanghai China

The Shanghai People's Court in China recognized Bitcoin as a unique digital currency despite a hostile national policy towards cryptocurrencies.

Similar reports from other Chinese courts in early September recognized cryptocurrencies as virtual property protected by law

Meta Connect 2023 is scheduled for September 27-28

This event focuses on AI (artificial intelligence), virtual, mixed and augmented reality.

Also there are announcements for Quest 3 VR, AI chatbots, threads, etc

META Plans to announce AI chatbots soon with distinct personalities across its social media apps in a bid to attract young users.

Closing American trading this week, American stocks lost their $1 trillion market cap this Sunday.

The effect of the US dollar is bullish, the US treasury yield or 10 year US bond yield continues to skyrocket and the US government is threatened with shutdown this month.

The bitcoin purchasing power of Whales or whales who have wallets containing at least $5 million decreased drastically this September.

Even though the purchasing power of whales increased drastically in the March period until its peak in May when the BTC price touched above 30 k.

These whales own 51% of the supply of stable coins circulating on the market.

Pay attention later, if these whales start actively buying bitcoin prices will rise drastically, but when they reduce purchasing power, bitcoin will still decline sideways for some time to come.

Coin2 narrative cina yang udh mulai ada pergerakan 1 hari terakhir.

$CFX
$NEO
$ACH
$ARPA
$COMBO
$LEVER
$HIGH
$PHB

Here, I'm sharing tips for those who like trading, following which coin narratives are currently being fried in the market.

*news related to Elon Musk who could potentially increase $Mask and $Doge

*News related to AI that has the potential to increase $FET $AGIX and other lists in the picture

*News related to China which has the potential to increase $CFX $ACH and other lists are in the picture

*News related to Metaverse coin which has the potential to increase $SAND $MANA and so on.

*News related to liquid staking derivatives or LSD coins which have the potential to increase $LDO and other lists are in the picture

* News related to ZK or Zero Knowledge coin which has the potential to increase $Matic $Lrc $mina and other lists in the picture

For more details, check the picture regarding the narrative plays rotation

Binance will face trial of the SEC lawsuit on September 18.

Pay attention to this date because it has the potential to make the market volatile

Bitcoin and Ethereum moving from exchanges or leaving exchanges to wallets increased by 5.9% and 8.5% respectively

Meanwhile, the amount of USDT entered on the exchange increased by 24.1%, the highest since March 2023.

100 US senators and dozens of CEOs of technology companies such as Mark Zuckerberg (meta), Elon Musk (Tesla

The US government is starting to worry about this technology and that it could trigger something undesirable in the future.

https://www.google.com/amp/s/www.voaindonesia.com/amp/gelar-forum-ai-senomor-ceo-bisnis-technology-came-ke-kongres/7267359.html

The European central bank has raised interest rates by 25 bps

Hopefully the FED will continue to hold interest rates at the FOMC on September 20 and not change its decision at the last minute.

The problem is that the FED has a chance of holding interest rates at 97% at the FOMC meeting on September 20.

Rising oil prices and triggering an increase in inflation could make the FED raise interest rates again at the November FOMC meeting

Binance US Chief Risk Officer, Sidney Majalya, as well as Head of Legal, Krishna Juvvadi, resigned following increasing pressure from regulators.

They follow Binance US CEO Brian Shroder who left the company on Monday

Inflation in America since the beginning of the year has continued to decline from January at 6.5% to July at 3.0%

As August entered, inflation actually started to reverse, starting to rise in the last 2 months since Saudi Arabia, Russia and OPEC countries began to cut oil production, resulting in an increase in oil prices and inflation.

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