đ§đč Le Bhoutan dĂ©tient 750 millions de dollars en Bitcoin, reprĂ©sentant environ un quart de son PIB.
Le pays a accumulĂ© cette quantitĂ© grĂące au minage, exploitant son potentiel Ă©nergĂ©tique renouvelable â»ïž
Le Bhoutan est ainsi devenu un acteur important dans l'Ă©cosystĂšme #Bitcoin, utilisant le minage âïž pour dĂ©velopper ses infrastructures Ă©nergĂ©tiques.
D'autres pays, comme le Salvador, l'Islande et le Canada, tirent également parti de leurs surplus d'énergie renouvelable pour miner du Bitcoin, générant des revenus tout en renforçant l'intégration des énergies vertes dans leurs systÚmes énergétiques.
âĄïž @WalletConnect unveils an airdrop of 185M $WCT with native token launch
WalletConnect, a #web3 communications protocol, has introduced the WalletConnect Foundation, the Connect Token #WCT, and the decentralization of the WalletConnect Network. The project will distribute 18.5% of the $WCT total supply via airdrop season 1 on October 11th. Among eligible users are #Ethereum address owners, users who have actively engaged with WalletConnect or contributed to open-source projects.
With the launch of the WCT token, the WalletConnect Network will begin transitioning to a permissionless structure governed by the community. Backed by @Cbventures, @ConsenSys, @1kxnetwork, and others, WalletConnect connects crypto wallets to decentralized applications.
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Grayscale Bitcoin ETF surpasses $20B net outflows #OUTFLOWS #ETFGrowth
While the pace of outflows has slowed compared to earlier this year, the overall trend remains negative.
Key Takeaways
âą GBTC's total net outflows have surpassed $20 billion since its ETF conversion.
$ETH
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âą BlackRock's iShares Bitcoin Trust saw a resurgence in inflows, collecting $15.8 million.
Grayscale Investmentsâ Bitcoin Trust (GBTC) continues to face investor redemptions, with another $20.8 million withdrawn on Monday, according to data tracked by Farside Investors. This brings the total net outflows since its exchange-traded fund (ETF) conversion in January to over $20 billion.
$BTC
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The pace of outflows has slowed compared to earlier this year. Data reveals that the first $10 billion was withdrawn within two months of its ETF conversion, while the subsequent $10 billion took over six months.
BlackRockâs iShares Bitcoin Trust (IBIT) saw a resurgence of inflows after a period of stagnation, taking in $15.8 million. Other prominent Bitcoin ETFs managed by Fidelity, Franklin Templeton, and VanEck reported inflows of around $5 million each.
Grayscaleâs low-cost Bitcoin ETF also managed to attract some inflows, ending the day with $2.8 million. The rest reported zero flows. #FlowTraders
#pepeâĄ
Pepe Coin ($PEPE) is showing signs of a potential breakout this month. Here's a simplified technical breakdown of why PEPE could see a major price surge:
$PEPE
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1. **Strong RSI**: PEPEâs Relative Strength Index (RSI) is around 70, which shows thereâs strong buying interest. Normally, an RSI above 70 means an asset is overbought, but in this case, itâs also a sign of strong bullish momentum.
2. **Bullish Moving Averages**: PEPEâs 50-day moving average recently crossed above its 200-day moving average, forming a "Golden Cross," which is a positive sign for a continued upward trend.
3. **Increased Whale Activity**: Big investors, also called whales, are making more large transactions with PEPE. This suggests that they are accumulating the coin, showing growing confidence in its potential.
4. **High Trading Volume**: PEPE is seeing an increase in trading activity, which often happens before a big price move. High trading volume signals strong interest and can lead to significant price changes.
5. **Support and Resistance Levels**: PEPE is close to a key support level at $0.0000076. If it holds there and breaks the next resistance at $0.0000085, it could spark a big rally. The next resistance points are at $0.0000092 and $0.0000100.
6. **Positive Market Sentiment**: Traders are generally optimistic about PEPE, and many are predicting a breakout soon. The growing interest and positive technical signals back this outlook.
**Conclusion**: Pepe Coin is showing strong technical signs, with increased whale activity and high trading volume suggesting that a breakout could be on the way. However, always do your own research before investing, as all investments carry risk.
Are you keeping an eye on PEPE, or do you have your sights set on other cryptocurrencies?#Write2Earn! #pepeâĄ
Bitcoin News: These things hint that that the Bitcoin price will hit $70,000 soon enough, with a price rally imminent.
Several happenings and upcoming Bitcoin news could cause the Bitcoin price to reach $70,000 soon enough.
These developments provide optimism amid BTC's stagnant price action as they will likely reverse the bearish outlook that many investors currently have toward the flagship crypto.
Five Things That Could Spark The Bitcoin Price Surge To $70,000
The S&P 500 index recently hit its all- time high (ATH), a development that could cause the BTC price to reach $70,000 soon enough. Other events include the imminent US Fed rate cuts, Binance founder CZ's release, Q4 approaching and the post-halving rally around 150 days after the event.
S&P 500's Equal-Weighted Index Hit ATH.
The S&P 500's equal-weighted index hit its all-time high on September 16, rising to $176.55. This uptrend dates back to September 11, as liquidity has continued to flow into stocks in the index. This is bullish for the Bitcoin price because the flagship crypto is known to correlate with the stock markets.
US Fed Rate Cut Will Provide A Boost For BTC Price.
The US Fed rate cut is expected to boost Bitcoin. Historical trends show that the flagship crypto always benefits from this macro decision. As such, the potential interest rate cut from the Fed, which could come after its FOMC meeting on September 18, will be regarded as bullish Bitcoin news.
CZ's Release Will Provide Bullish
Momentum.
Binance's founder, Changpeng "CZ" Zhao, will be released on September 29. Since there is a positive sentiment around his release, this event will provide bullish momentum to the BTC price.
The Fourth Quarter Is Bullish For
Bitcoin Price.
Based on history, the fourth quarter of this year is bullish for Bitcoin.
Coinglass data shows that BTC enjoyed positive monthly returns throughout Q4 of the 2016 and 2020 halving years. In line with this, Bitcoin could enjoy price rallies throughout October, November, and December this year.