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$BTC  UPDATE
BTC trebuie să iasă de aici, apoi va pompa la 72k la noul ATH
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#buythedip  #Marketupdate  #BullorBear  #btc72k  #MicroStrategy  

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In just two days, more than 2,200 letters have been sent to U.S. senators, urging support for the proposed Bitcoin Strategic Reserve legislation. The grassroots movement is in line with Senator Cynthia Lummis’ Bitcoin Act proposal, which seeks to establish a secure Bitcoin vault managed by the U.S. Treasury Department. Senator Lummis, a strong supporter of cryptocurrency, compared the initiative to the Louisiana Purchase, calling it a watershed moment that could protect future generations from economic instability. She believes a Bitcoin reserve would strengthen the U.S. economy and improve its global financial standing. The letters, with more than 1,300 addressed to Democratic senators and 850 to Republican senators, show bipartisan support, highlighting the growing awareness of Bitcoin’s role in the financial world, especially as the upcoming presidential election approaches. #BTC #ETH #Binance #SEC #USDT

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💰 Grayscale Ethereum ETF Sees $2B+ Outflows Amid Mixed ETF Trends 📉 Grayscale's Ethereum Trust (ETHE) has experienced over $2.1 billion in outflows, contributing to a net outflow of $54 million across US spot Ether ETFs on August 2. However, the ETF landscape shows varied trends, with some funds like Fidelity's FETH and Franklin's EZET seeing positive inflows. 🖥 Despite ETHE's outflows, Grayscale's Ethereum Mini Trust ETF maintained its $201 million net inflows. Overall, spot Ether ETFs have a total net asset value of $8.3 billion, with cumulative net outflows reaching $511 million since their July 23 debut. Ethereum's price has fallen 5.71% since the ETFs launched, trading at $2,987 at the time of reporting. #ETFvsBTC #grayscale #ETH #SEC #ETFEthereum

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💥 Trump Embraces Crypto: "We Can Pay US Debt with Bitcoin" 💵 Former President Donald Trump has made surprising new remarks about cryptocurrencies, signaling a shift in his stance. In a FOX Business interview, Trump emphasized the need for the US to lead in crypto technology to maintain global competitiveness, especially against China. — Trump now sees crypto as "very interesting" and "high-level, intellectually" — He criticizes the current administration's approach to crypto — Trump boldly suggests using Bitcoin to potentially pay off the $35 trillion US debt 📣 This dramatic change in Trump's crypto stance comes as he argues for increased US involvement in the rapidly advancing cryptocurrency sector. #bitcoin #BTC #MtGox #Trump2024 #TrumpCryptoSupport

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Issues that are causing the market to be corrected at the moment: 🔴 Geopolitics = Concern about the big war between Israel vs Palestine - Iran - Lebanon 🔴 Macro = A high increase in the Unemployment Rate (unemployment) has put America on the brink of recession 🔴 Crypto = MtGox distribution to creditors every day and there is an issue of accelerating distribution #MarketSentimentToday #CryptoNewss #MtGox #war #usgovernment

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⚡️ Bybit Exits French Market Due to Regulatory Pressure ▶️ Cryptocurrency exchange Bybit has announced the suspension of its operations in France, citing regulatory challenges from the Autorité des Marchés Financiers (AMF). French users' accounts will be restricted to "close-only" mode from August 2, with all positions liquidated by August 13. 🔒 Bybit, blacklisted by AMF since 2022 for failing to register as a Digital Asset Services Provider, hopes to return to France after obtaining proper licenses. This move follows increased regulatory scrutiny of crypto exchanges in France, including recent challenges faced by Binance. Bybit's French exit highlights growing regulatory pressures on crypto exchanges in Europe. #Exchange #marketcrash #CryptoNewss #bybit #Binance

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