You will miss this dip 📌

NEW: "Don’t be a 'late in life loser' saving fake money and fake assets.

Be a young and rich retiree who is financially free because you saved real assets:

Gold, Silver, & #Bitcoin ," says Robert Kiyosaki.

#BitEagleNews

NEW: 🇳🇴 Hadsel residents are facing higher electricity bills after a Bitcoin mine was closed due to noise complaints.

The shutdown, initially seen as a victory by local activists, has resulted in a revenue loss for the town's electricity company, which had to raise charges.

#Bitcoin #BitEagleNews #Mining

JUST IN: 🇸🇻 President Bukele says El Salvador will no longer require external debt to finance its budget and has achieved financial independence.

#Bitcoin #BitEagleNews

According to FedWatch the odds are in favor of a 0.5% rate cut vs 0.25% rate cut.

Some analysts believe this is better so the FED doesn't move to slow and can always follow-up with another 0.25% cut next time (instead of 0.5% again).

However, most professional analyst still believe it'll be 0.25% rate cut to start with.

Most rate cut cycles usually begin with 0.25% as this is the easiest to monitor the situation and it allows to speed up or slow down after seeing the real-time effect.

Both are perceived as bullish as the market tries to compare the effects of the rate cuts to what happened last time.

To cope with covid a huge emergency rate cut was announced and we all know what happened after 👀

#RateCute #BitEagleNews

Gm fam.

Probably the most important week of the entire year today.

First rate cut decision will be made in the next 2 days.

These have always had a huge effect on the markets (especially for risk-on assets like crypto).

Both short and long term.

A rate cut is already confirmed but the question is how much?

The 2 options on the table are whether it's a 0.25% or 0.50% rate cut.

The FED will follow up with more rate cuts down the line.

Will keep you up to date 👌

Tick tock ⏳

#ratecuts #Crypto #BitEagleNews

Today is 🇸🇻 El Salvador Independence Day 🙌

El Salvador gained independence from Spain on September 15, 1821.

200 years later, it became the first country to adopt Bitcoin as legal tender.

#Bitcoin #BitEagleNews

Which crypto cycle are you on?

First cycle: Lose all your money

Second cycle: Get rich and start a crypto business

Third cycle: Start a protocol

Fourth cycle: Jail or retired

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.

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

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

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

The difference between people who make their dreams come true

And those who don't is just two things,

1. The Courage to start.

2. The Discipline to keep going.

GM!

#BinanceLaunchpoolCATI #BinanceLaunchpoolHMSTR #FTXSolanaRedemption #BitEagleNews

MicroStrategy first bought $250 million of bitcoin at $11,000

then $175 million at $10,000

$650 million at $21k

$700 million at $21k

$1 BILLION at $52k

$10 million at $31k

$15 million at $59k

$489 million at $37k

$177 million at $45k

$242 million at $48k

$82 million at $57k

$25 million at $37k

$10 million at $20k

$6 million at $19k

$179 million at $28k

$14 million at $30k

$821 million at $68k

$623 million at 67k

$786 million at 65k

$1.1 BILLION at 60k

#MicroStrategу #Bitcoin #BitEagleNews

JUST IN: 🇦🇺 Australian MP Michelle Roland proposes the "Combatting Misinformation and Disinformation Bill”

It would be illegal to post content that could “harm the economy or public confidence in banking.”

Platforms failing to comply face fines up to 5% of their global revenue.

#BitEagleNews #CryptoContent #BullRun

Repeat after me…

JUST IN: 🏴󠁧󠁢󠁥󠁮󠁧󠁿 England's High Court of Justice has ruled that Tether's stablecoin USDT is considered property.

This is an important step in recognizing digital assets like USDT under the law.

The decision could impact how stablecoins and cryptocurrencies are handled in legal cases and regulations in the UK and other countries.

#USDT #England #BitEagleNews