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75% of #Bitcoin hasn’t moved in the past 6+ months. 🤩
HODL TO DA MOON 🚀
#Binance 
#crypto2024  

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UK High Court Confirms Tether’s Status as Property 🥳 A UK High Court ruled that Tether (#USDT ) is recognized as #property under English law in a fraud case involving stolen cryptocurrencies. The court rejected a claim against Thai exchange #BitKub due to insufficient evidence linking it to the fraud. The decision aligns with prior judgments and UK efforts to classify digital assets, including NFTs and cryptocurrencies, as personal property. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024

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Bitcoin's Short-Term Bullish Potential Amid Re-Accumulation 📈 • Short-Term: Bitcoin is showing a #bullish swing potential for the next 1-3 weeks. • Medium-Term: Demand and supply have been #bearish since the April halving, but there are signs of a possible reversal in the past 4 weeks (though unconfirmed). It will take more time before Bitcoin reaches new all-time highs. • Macro: Despite risk signals hitting lower lows, Bitcoin remains in a re-accumulation pattern, not a bear market. • Traditional Finance (#TradFi ) Risk: Falling bond rates are a concerning signal, often preceding crashes (e.g., 2020, 2008). However, these crashes have historically been followed by liquidity-driven rallies across all asset classes. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024

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CryptoPunk NFT Sold for $23,000 Instead of $1.5 Million in Smart Contract Move 😂 #CryptoPunk #2386, a rare NFT valued at $1.5 million (600 ETH), was acquired for just $23,000 (10 ETH) due to a strategic use of smart contracts. Originally fractionalized on the now-defunct #Niftex platform, its 10,000 shares were left in limbo, making trade difficult for its 257 holders. An unknown buyer triggered a "shotgun" buyout feature, acquiring the NFT at a significantly undervalued price. While one investor tried to #counterbid , the purchase went through, leading some to call it the "steal of the century." Despite the controversy, others argue it demonstrates the ups and downs of decentralized systems. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024

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Bitcoin Mining Difficulty Hits New All-Time High 😱 The #Bitcoin mining #difficulty was adjusted at block height 860,832 (on September 11 at 11:25), increasing by 3.58% to 92.67 T, setting a new all-time high. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024

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Lawmakers Clash Over DeFi’s Role in Finance 🧐 The first-ever Congressional hearing on decentralized finance (#DeFi ) on Sept. 10 revealed a sharp divide between U.S. lawmakers. Republican proponents like French Hill emphasized DeFi’s potential to create a freer financial system through peer-to-peer transactions without intermediaries. In contrast, Democratic representatives like Brad Sherman and Maxine Waters criticized DeFi for enabling #crimes , tax evasion, and regulatory noncompliance. Witnesses provided contrasting perspectives, with some advocating for DeFi’s role in financial inclusion, while others warned of its risks, including scams and investor exploitation. The debate highlighted the complexity of #regulating DeFi and its role in shaping the future of finance. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024

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