đUS banks have accumulated unrealized losses of $512 billion. These losses have persisted for 11 consecutive quarters and far exceed those recorded during the 2008 financial crisis.
â ïžThe number of banks considered to be in trouble has increased to 66, a clear indication of vulnerability in the sector.
đĄWhile banks depend on state monetary policies, Bitcoin is presented as a safe and decentralized option. Its growth as a financial refuge is strengthened amid the instability of the traditional banking system. #TopCoinsSeptember #BecomeCreator #MarketDownturn #Bitcoin #news
Solana introduced a new smartphone to its line of devices. Check out some of its specifications. It is Solana Mobile's first smartphone after the Saga, launched in May 2023. The Solana Seeker has a larger battery and a more affordable price than its predecessor. Solana Seeker has 8GB of RAM, providing the device with a simultaneous processing capacity considered mid-high range. Solana Saga, Seeker's predecessor, has a larger RAM of 12GB. At the same time, Seeker has an internal storage space of 128GB, while Saga offers 512GB.
La SEC aprueba opciones basadas en el ETF de bitcoin de BlackRock.
La ComisiĂłn de Bolsa y Valores (SEC) de Estados Unidos ha aprobado hoy la propuesta de BlackRock para la cotizaciĂłn y negociaciĂłn de opciones sobre su fondo cotizado en bolsa (ETF) de bitcoin al contado, conocido como el iShares Bitcoin Trust (IBIT).
#Ethereum will allow others to pay your gas after Pectra update:
Among a host of improvements focused on improving the usability of wallets, the Pectra update will allow the sponsorship of network fees. In other words, the user will be able to transact on Ethereum with insufficient balance.
This solution, which is still in the development phase, will be a consequence of the EIP-3074 standard, which allows users of externally owned accounts (EOA), such as wallets, to delegate them to an Ethereum smart contract. Presumably, this standard will allow fewer signatures on the network and less gas.
MicroStrategy Buys More Bitcoin, Now Totaling Over 250,000 BTC
From September 13 to September 19, Michael Saylor's company acquired more than 7,400 bitcoin.
MicroStrategy, led by Michael Saylor, acquired more than 7,400 bitcoin (BTC) between September 13 and September 19, investing almost USD 460 million in the digital currency. With this purchase, the company now has a total of 252,220 BTC, consolidating itself as one of the main whales in the BTC market.
The most recent purchase was made at an average price of USD 61,750 per bitcoin, reflecting MicroStrategy's continued commitment to the digital asset. This year, MicroStrategy's BTC investment has yielded almost 18%, with an increase of 5.1% so far this quarter. #BecomeCreator #TopCoinsSeptember #MSTR
The US budget deficit hit a staggering $380 BILLION in August, up 66% from August 2023 or $12 billion A DAY. This was by far the largest deficit ever recorded for a month of August, not even close. Why does the government spend money as if there were a crisis? MEANWHILE, the US national debt hit another RECORD high of $35.3 trillion. How serious has the US debt crisis become?
1) The bank says it will focus on the continued evolution of digital payments. 2) For several years, Canada has been exploring the possibility of launching its CBDC.
The Central Bank of Canada indicates that it is in no hurry to develop its digital currency, called the Digital Loonie.
JoyID, a passwordless #Web3 wallet that will accelerate mass adoption on Nervos.
Nervos Network $CKB is unique among public blockchains due to its support for Appleâs Passkey feature. Passkeys are a replacement for passwords. They are designed to provide websites and applications with a passwordless login experience that is more convenient and more secure. Passkeys are based on the WebAuthn standard, which uses public key cryptography and can also be referred to as âsynchronized WebAuthn credentialsâ for ease of understanding. #BinanceTurns7 #BecomeCreator #TopCoinsSeptember #Powell
1-The price of bitcoin rose 6% after the Fed announcement. 2-The market expects more rate cuts in November and December.
The recent 0.50% interest rate cut by the US Federal Reserve (Fed) has had a direct impact on the price of bitcoin, marking an increase of 6%, its highest level since the end of August.
This move by the Fed breaks with the aggressive monetary policy that had been in place since March 2020. The agency's decision, which was within market expectations, was received with optimism, accelerating the price of the digital asset. #BTCâïž#BecomeCreator#TopCoinsSeptember
The enthusiasm for Bitcoin's Layer 2 track remains high, among the many L2 projects, CKB stands out for several reasons. On the one hand, because the team has its origins in the well-known Nervos public chain CKB, which has been deeply committed to the Proof of Work (PoW) mechanism; on the other hand, after announcing the repositioning as a BTC Layer 2 network, the team proposed an innovative scheme, RGB++, using the cell on the CKB chain to "isomorphically bind" the Bitcoin UTXO of the original chain. The market response to CKB has been very enthusiastic.
đ *Whale games in action!* đ This chart $CKB is a prime example - market movers know how to create those sneaky dips and *boring* consolidations to shake off weak hands. đŽ Watch for corrections before a potential strong move higher. It's all part of the strategy before sending it sky high. đ