**Exciting Duel: Michael Saylor vs Saifedean Ammous About Bitcoin Yield!**

- Michael Saylor, the big boss of MicroStrategy, said Bitcoin could be the "perfect capital" that provides returns through digital banking services.
- But Saifedean Ammous, author of "The Bitcoin Standard," is skeptical. He said, sustainable yield is impossible with fixed assets like BTC.
- Saylor believes big banks with government support can provide a 5% yield "without risk" on BTC.
- Ammous denied, saying this model does not work without a "lender of last resort" aka a central bank that can print money for bailouts.
- Who do you think is right? Let's discuss in the comments column! 🚀
#Bitcoin#CryptoNews #YieldBTC

BitGo Launches Stablecoin USDS: Ready to Shake Up the Market!

Hey crypto enthusiasts! BitGo, a Palo Alto-based crypto custodian, has just announced the launch of their new stablecoin, USDS, which will go live in January 2025. 🎉

- **Guaranteed Safe**: USDS will be fully backed by US dollars through a combination of short-term Treasury bills, overnight repos, and cash. So, liquidity is guaranteed and risk is minimal!

- **Open Participation Model**: Unlike Tether (USDT) and USDC, USDS will share up to 98% of the revenue from its reserves with network participants, including liquidity providers and institutional exchanges. Bye-bye monopolies!

- **High Transparency**: BitGo will provide real-time proof of reserves on their website. Additionally, a third-party accounting firm will audit the reserves every month. So, it’s more secure and transparent!

- **Ambitious Target**: BitGo hopes to reach $10 billion in assets held by USDS by the end of its first year. Get ready!

While USDS faces a major challenge to compete with giants like USDT and USDC, this new approach could be a game-changer. What do you think? Let’s discuss in the comments! 🚀

**Breaking News: Professor Crypto Caught Using Bots, X Account Instantly Disappears!**

- **Blockchain Detectives in Action**

ZachXBT, an on-chain detective, accused top influencer Professor Crypto of using bots to manipulate his social media metrics. 🕵️‍♂️

- **X Account Deactivated**

Following these allegations, Professor Crypto immediately deactivated his X account without providing an explanation.

- **Fake Strategy**

In a post on X, ZachXBT told the YouTuber to “stop using thousands of bots” that tricked people into believing he had a lot of influence.

- **FTC Violation?**

This behavior allegedly violates the US FTC rules prohibiting the sale or purchase of fake social media influence.

- **Community Reactions**

The community on X has been busy questioning Professor Crypto’s credibility. Some have said, “Who is this Professor Crypto?”

- **What Do You Think?**

What do you think? Is this the end of Professor Crypto’s career? Write your thoughts in the comments!

Don't forget to always be vigilant and careful in following crypto influencers!

Bitcoin Price Ready to Break $60K, Get Your Popcorn Ready!

Bitcoin is finally showing signs of breaking through the $60K level after weeks of consolidation. However, there is one more hurdle to overcome.

**Technical Analysis**

- **Daily Chart:** Bitcoin price is showing intentions to break through the $60K resistance after rebounding from $52K. The RSI is above 50, indicating bullish momentum. However, for a long-term rally, the price must break through the 200-day moving average around $64K.

- **4-Hour Chart:** The price is making higher highs and higher lows since the bounce from $52K. The RSI is also bullish and has not yet reached overbought. So, a price rally seems to be just a matter of time.

**On-Chain Analysis**

- **Exchange Supply Ratio:** The ratio of BTC on exchanges has been decreasing since February, indicating heavy accumulation. If demand is sufficient, the market could start rallying to higher prices.

What do you think? Will BTC break $60K? Comment below! 🚀

**News Flash: Ripple Ready to Surge Again?**

After a solid bullish rebound, Ripple (XRP) price surged to $0.60. However, Ripple is now taking a short break, perhaps to gather strength towards the important resistance at $0.64. 🚀

**XRP Analysis:**

- **Daily Chart:**
- Demand increased around the 100-day moving average ($0.53) and 200-day moving average ($0.55).
- Intense buying activity pushed the price to $0.60.
- Ripple is now consolidating for a while at this level.

- **4-Hour Chart:**
- Buying interest increased at the 0.5 Fibonacci retracement level ($0.52).
- Price rose to the upper boundary of the descending flag pattern at $0.62.

If Ripple manages to break through $0.62, the bullish trend will continue to $0.64. But, if it fails, the price could return to the $0.55 support.

What do you think? Will Ripple break through $0.64? Comment below!

**Ripple vs. SEC Drama: Finally Peaceful or Continued?**

- Ripple and SEC are almost at the end point after Judge Torres ordered Ripple to pay a $125 million fine. A 94% discount from the SEC's initial request, you know! 😲

- Ripple asks for a delay in payment, raising speculation whether the SEC will appeal before the October 6 deadline. The drama is getting more exciting!

- Ripple CEO Brad Garlinghouse, smiling broadly, said this was a big win. However, the SEC is still silent. Will they appeal?

- The XRP community is hot and cold, many predicted that Ripple would pay the fine in early September. Eh, they asked for a delay!

- Attorney Fred Rispoli said, "This is a safe strategy for the SEC to buy time until the appeal deadline."

What do you think? Let's discuss in the comments column!

The US Federal Reserve has just announced a 50 basis point cut in interest rates, the first since the COVID-19 pandemic. 🎉

- Following the announcement, Bitcoin prices immediately shot above $60,000, while the S&P500 rose 0.7%.
- The Fed believes inflation will fall to 2%, although it is still slightly high.
- "Job growth has slowed, but unemployment remains low," the Fed said.
- Before the announcement, traders were pricing in a 65% chance of a 50 basis point cut, and a 35% chance of a 25 basis point cut.

Low interest rates are generally considered bullish for Bitcoin because they make it easier for investors to borrow money to buy risky assets. What do you think? Let's discuss in the comments column!

🚀 **Fun Tips for Beginners in the Crypto World!** 🚀

Hello, aspiring crypto sultans! The cryptocurrency world is indeed tempting, but be careful, don't get trapped! Here are some tips from the famous analyst, Crypto Tony, so you don't take the wrong steps:

1. **Avoid New Tokens**: Don't be tempted by newly launched tokens. Focus first on projects that already have a large community.
2. **Learn the Token Community**: Tokens like BTC, ETH, DOGE, SHIB, and XRP have solid communities. This can be a good indicator!
3. **Observe Price Drops**: See how the token handles major price drops. This is important just in case!

Remember, never give personal information to people you don't know and always do research before investing. Come on, share your experiences in the comments column! 💬

🚀 **Ethereum: The Old One Who's Still Mighty?**

- Ethereum is facing a tough test, guys! Its performance is sluggish, its regulations are unclear, and competitors like Solana are getting fiercer.
- However, Matt Hougan, CIO of Bitwise, remains optimistic. According to him, Ethereum is still the king in the stablecoin and DeFi sectors.
- MarketWatch data: Ethereum flat, Solana up 23%, Bitcoin jumps 42%. But don't be too quick to dump Ethereum, says Hougan.
- "It's cool to hate Ethereum right now," he says. "But then it'll look ridiculous."
- Ethereum still has the most developers and active users, and a market cap 5x larger than its closest competitor.
- Hougan believes that even though Solana and others are cool, Ethereum is still the "Microsoft of blockchain."
- Let's discuss in the comments column! What do you think about the future of Ethereum? 🌟

**Scaramucci Believes Bitcoin Will Hit $100K This Year!**

Anthony Scaramucci, founder of SkyBridge Capital, is back with a prediction that Bitcoin (BTC) will hit $100,000 before the end of the year. What’s the reason?

- **Interest Rate Cut:** The Federal Reserve is expected to announce an interest rate cut today, which could lower borrowing costs in the US and globally. Scaramucci believes this would be “very good for asset prices.”

- **Pro-Crypto Regulation:** Following the US election, Scaramucci expects regulations that support crypto, Bitcoin, and stablecoins. Both Republicans and Democrats are expected to boost the crypto market.

BTC is currently trading at $60,200, up 2.67% in the last 24 hours. Let’s discuss this prediction in the comments! 🚀

**Hayes: Fed Rate Cut Bad Idea for Crypto?**

Arthur Hayes, BitMEX co-founder, has reiterated that the Federal Reserve’s interest rate cut is a “bad idea.” In an exclusive interview with CoinDesk at Token2049, Hayes expressed his concerns that risk assets like cryptocurrencies could plummet after the Fed rate cut.

- **Interest Rate Cut**: The Fed will announce its interest rate decision today. They have been raising rates since 2020 to control post-COVID inflation.
- **Effects of the Cut**: Hayes noted that while a rate cut would increase liquidity, it could trigger inflationary issues and strengthen the Japanese yen, which would negatively impact risk assets in US dollars, including crypto.
- **“Sugar High” Analogy**: Hayes compared the interest rate cut to a “Sugar High,” which provides a temporary energy boost. This short-term effect could impact the crypto market.

What do you think? Will the rate cut have a big impact on the crypto market? Leave a comment below! 🚀

🚀 **NEIRO Soars 110%! Is This New Meme Coin a DOGE Rival?** 🐕

- The crypto market today (September 18) is slightly green with Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) posting mild gains.
- However, the star of the day is Neiro (NEIRO) which has surged 110% in a day! NEIRO is now at $0.0008397, up 1,900% in a week.
- NEIRO's market cap has reached $350 million, making it the 13th largest in its category.
- This increase was driven by listings on Binance and LBank. TraderSZ predicts that NEIRO's market cap could reach $500 million.
- Initially, Vitalik Buterin was the largest holder of NEIRO, but now it is fully managed by the community.

What do you think? Will NEIRO continue to rise? Comment below! 👇

**Breaking News: Crypto Investors Get Ready for the Fed Meeting!**

- **Key Dates**: The US Federal Reserve will meet on September 18-19 to discuss whether they will lower key interest rates after years of raising them. 🗓️

- **Major Impact**: This is very interesting for all financial markets, especially crypto which is sensitive to this kind of news.

- **Bitcoin ETF**: Since January, 11 spot Bitcoin ETFs have shown US investor sentiment towards Bitcoin. They made big buys on August 23 and 26 after Jerome Powell hinted at a possible rate cut.

- **Latest Data**: Net inflows for all spot BTC ETFs in the US surged to $186.8 million on Tuesday, ahead of the FOMC meeting.

- **Ethereum ETF**: Unfortunately, Ethereum ETFs have not attracted much interest. Total outflows reached $9.4 million on Monday and $15.1 million on Tuesday.

What do you think? Is this a good time to invest in crypto? Let us know in the comments!

BecauseBitcoin CEO Buys XRP, Here's Why!

Max, CEO of BecauseBitcoin, just made a splash by buying a lot of XRP! 😲 Based on technical analysis, Max believes XRP is undervalued and ready to explode. XRP's NVT ratio has dropped to 125, a sign of undervaluation that could support a price increase.

Max promised to release a special video to explain his analysis. "The chart never lies," he said. Many X users support Max's decision, including popular trader MandoCT who predicts the price of XRP could rise to $1.50-$1.90.

Max is even more optimistic, hoping the price could reach $5 next year! Other analysts such as Mikybull Crypto and EGRAG CRYPTO also predict a big price surge for XRP.

What do you think? Comment below! 🚀

**Bitcoin Breaks $60K Again, Get Ready for a Roller Coaster! 🎢**

- After a brief dip on Monday, Bitcoin is back on a roll, breaking through $60,000 to $61,000, hitting a three-week high.
- The crypto market is expected to be more volatile today and tomorrow as the US Federal Reserve meets to discuss a rate cut.
- BTC ended last week on a positive note, rising from $58,000 to nearly $61,000 on Friday and Saturday morning.
- After dropping to $57,500 on Monday, BTC climbed back to $61,300 on Tuesday afternoon, although it is now slightly down, remaining above $60,000.
- Major altcoins such as ETH, DOGE, BNB, and TRX are slightly up, while SOL, XRP, AVAX, TON, SHIB, LINK, and BCH are experiencing minor declines.

- Mid-cap altcoins like SUI, TAO, and IMX surged 6-8% daily. SUI at $1.2, TAO near $320, and IMX above $1.35.
- Total crypto market cap rose by about $30 billion overnight, now at $2.170 trillion.

What do you think about this Fed meeting? Let's discuss in the comments!

**Crypto Airdrop Clarification: Tom Emmer Challenges the SEC!**

- **Tom Emmer and Patrick McHenry** send a letter to SEC Chairman Gary Gensler, asking for certainty about crypto airdrops. 🤔
- According to them, **airdrops** are important for blockchain participation and decentralization.
- However, **SEC** considers airdrops to be securities transactions. Hmm, so confused!
- Emmer said, this ambiguity makes developers block Americans from airdrops. Even though, they have helped build the network.
- This letter asks for an answer from the SEC before September 30. Do you think they will answer or not?

**What do you think? Comment below!**

**Shiba Inu (SHIB) Ready to Surge? Here’s the Analysis! 🐶**

- **Technical Analysis**: Some analysts believe that the price of Shiba Inu (SHIB) could surge drastically. User X, pepa, claims that certain chart patterns indicate a potential for major upside if the price breaks above. In fact, SHIB could wipe two zeros off its price!

- **Current Price**: SHIB is trading around $0.00001328, the same as last week. If the prediction is correct, the price could go as high as $0.001328, a 10,000% increase! However, this would require a market cap of nearly $800 billion, which seems unlikely to be achieved.

- **Positive Factors**: On-chain data shows that SHIB outflows from exchanges have been greater than inflows in the past seven days, reducing selling pressure. Additionally, SHIB’s burning mechanism increased by 563% last week, with over 59 million tokens burned, making SHIB more scarce.

- **Negative Signal**: Shibarium's stalled progress could be a bearish factor. Daily transactions on the network have dropped below 5,000. Some believe Shibarium's progress is crucial for SHIB's price, so stagnation could be negative.

What do you think? Will SHIB surge or remain flat? Comment below!

**Bitcoin Ready to Explode? Analysts Predict a Big Surge! 🚀**

- Bitcoin (BTC) has been flat since March, and Q3, especially September, has been typically bearish.
- Analysts are bullish again, predicting a long-awaited breakout.
- On Sept. 18, analyst 'RamenPanda' noted that the market has been flat for 6 months, "but the price has barely come down from its previous peak."
- BTC's return to $60,000 is only down 18% from its ATH.
- Analysts believe the sideways period will end with a big rally.
- Economist Alex Krüger notes that crypto trader sentiment is at its lowest since 2022.
- Charles Edwards of the Capriole Fund says, "You've made it through the worst of Bitcoin," noting that Q4 is typically bullish.
- Analyst 'Income Sharks' also predicts a big move in Q4.
- BTC returned to $61,000 on Sept. 17, but dropped to $60,500 in early Asian trading on Wednesday.
- The Fed is expected to cut rates on Sept. 18, with a 65% chance of a 50bps cut.
- Analysts suggest a bigger cut is better for high-risk assets like crypto.

**What do you guys think? Is BTC about to explode? Comment below!**

**Trump Launches Crypto Project, Community: "Where's the Content?"**

Donald Trump just launched his latest crypto project, World Liberty Financial (WLF), through a live event at X Space. But, instead of being greeted with enthusiasm, the crypto community was disappointed!

**Severe Criticism:**
- Many attendees felt the event lacked information.
- One X user said, "I logged out after more than an hour. All I knew was this is a DeFi platform."
- Wayne Vaughan, a crypto entrepreneur, added, "We've been listening for two hours, but have no idea what this platform does."

**WLF Team Clarifies:**
- WLF will offer crypto lending and borrowing services on the Ethereum blockchain.
- The WLFI token will be used as a non-transferable governance token.
- There is no pre-sale or early buy-in by VCs, token distribution will be "very fair."

**Token Distribution:**
- 62.66% for the upcoming token sale.
- 17.33% for governance and community initiatives.
- 20% for project teams, advisors, and affiliates.

What do you think? Comment below! 🚀

**US Senate Candidate Set to Fight SEC for XRP Investors**

John Deaton, a Republican candidate for Senate from Massachusetts, is determined to hold the SEC accountable for the $15 billion in losses suffered by retail XRP investors.

In an interview on the “Good Morning Crypto Show” on September 16, Deaton asserted that he will continue to fight until retail investors are properly compensated.

- Deaton, who represents more than 75,000 XRP token holders, called the SEC’s actions a “willful misconduct” that harmed thousands of XRP holders.
- The SEC recently apologized for the confusion caused by the use of the term “crypto asset securities” in their lawsuit.
- Deaton is demanding that the responsible parties be fired and is awaiting the results of the Inspector General (IG) investigation for possible further legal action.

Deaton also plans to introduce legislation to clarify the distinction between commodities and securities in the crypto world. 🚀

What do you think about Deaton’s move? Comment below!