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If the Fed doesn’t cut interest rates next week, the U.S. interest expense could soar to $1.6 trillion by the end of 2024—exceeding even Social Security's annualized cost of about $1.5 trillion.
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NEW: The MVRV z-score of Bitcoin, a metric which shows by how many standards deviations the market value differs from the realized value, currently stands at approximately 1.5. This suggests that the price of Bitcoin is still undervalued relative to its fair value. #BitEagleNews #Bitcoin
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JUST IN: 🇳🇴 A Norwegian town experiences a nearly 25% spike in electricity rates for residents after the municipality shuts down a local Bitcoin mine. 👀 “We want industry that creates value - so no one thinks we want a new data centre.” #BitEagleNews #Bitcoin
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If I get rich from crypto, I’m not telling anyone, but there will be signs
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A whale has purchased 1,062 Bitcoin worth $64 million on Binance here. This brings their total holdings to 10,043 BTC, valued at $600 million. They live among us #Bitcoin #BitEagleNews #WhaleAlert
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