Chainlink has just introduced new technology to help financial institutions secure information when transacting on the blockchain.

With the Blockchain Privacy Manager feature, financial institutions and banks can connect private blockchains to public chains and other private chains over the Chainlink CCIP network. Helps keep important information such as transaction amounts and the identities of involved parties confidential when using the blockchain.
$LINK

We haven't heard much about the argument that Bitcoin isn't scarce because there are thousands of other cryptocurrencies... Now the anti-Bitcoin forces have shifted gears and acknowledged that Bitcoin is indeed a scarce asset, but for that reason it can't be a currency.

The interesting thing is that without doing anything, the anti-Bitcoin arguments are self-contradictory. Like the study backed by the European Central Bank (ECB) this weekend, which says Bitcoin is worthless but argues that if the price of Bitcoin continues to rise, it will create financial imbalances between those who invested early and those who invested late or didn't own Bitcoin.

Or the Minneapolis Fed president said Bitcoin would still be worthless after 12 years, but today's Minneapolis Fed study says that if too many people invest in Bitcoin, we should ban it so people buy government bonds.
$BTC

Grayscale adds the following cryptos to the list of 35 crypto products it is considering for its Trust:

- Kaspa (KAS)
- Aptos (APT)
- Arbitrum (ARB)
- Celestia (TIA)
- Celo (CELO)
- Core (CORE)
- Cosmos (ATOM)
- Internet Computer (ICP)
- Mantle (MNT)
- Metis (METIS)
- Neon (NEON)
- Optimism (OP)
- Polygon (POL formerly MATIC)
- Sei (SEI)
- Starknet (STRK)
- Toncoin (TON)
- TRON (TRX)
- Aerodrome (AERO)
- Ethena (ENA)
- Injective Protocol (INJ)
- Jupiter (JUP)*
- Mantra (OM)
- Ondo Finance (ONDO)
- Pendle (PENDLE)
- THORChain (RUNE)
- Dogecoin (DOGE)
- Immutable (IMX)
$OP $POL $ARB

Tether is considering lending its profits to commodity trading companies, a move into traditional finance that often requires money to buy and sell commodities like oil and precious metals.

Tether made $5.2 billion in profit in the first half of 2024 and is investing in areas like sustainable energy and Bitcoin mining. Tether CEO Paolo Ardoino said the company is still discussing its strategy for investing in commodities.
$BTC

The financial markets are the only place where you can be right and wrong at the same time.

This may sound counterintuitive, but it holds true if you think about the context of bearish and bullish people in events like the global interest rate hikes of 2022, the pandemic of 2020, the crisis of 2008, the dot-com bubble of 2000, etc. Both the bullish and bearish groups were right, depending on the time frame. Asset prices may have fallen in the short term but eventually reached ATH.

What matters is how much money you make when you are right, and how much you lose when you are wrong, and over what time frame? And what have you done to improve your finances and your family during that time.

There are many people who want to be right in the financial world, but you can be right and still lose money. Think about the people who predicted a market crash years from now during the pandemic, when the global economy was stagnant with high unemployment. All of that was true, but asset prices still rose.

Remember: Bulls 🐂 make money, bears 🐻 make money, but pigs 🐷 get slaughtered.
$BTC

Coins in Grayscale's sights

Vitalik Buterin, the founder of Ethereum, has been nominated by economists Tyler Cowen and Alex Tabarrok as a candidate for the 2024 Nobel Prize in Economics.

They praised Buterin for building the Ethereum platform and successfully leading the transition from proof-of-work to proof-of-stake, comparing the process to “changing a tire while driving” to highlight the complexity and achievement of the process. The Nobel Prize will be announced on October 14.
$ETH

Despite recent market sentiment, Bitcoin is still the best performing asset this year, outperforming all other assets.

Bitcoin has continued to rise despite challenges such as Mt. Gox’s payout, Germany’s BTC sale, and fears of war and recession.
$BTC

Bitcoin slightly decreased to the price range of 62.6k, the whole market has cooled down when the war between Iran and Israel is still very tense.

- SUI leads the top layer 1 in growth recently.
+ Nearly 1M new accounts in the past 7 days
+ > 8.8K new tokens created
+ >422M transactions created on SUI
$BTC $SUI

Arbitrum One, a Layer 2 solution for Ethereum, has surpassed 1 billion transactions since its launch in August 2021. Its competitor, Base, has recorded 755 million transactions, while the OP Mainnet has reached 347 million transactions.

Arbitrum currently leads Layer 2 solutions with a total value locked (TVL) of $2.5 billion.
$ARB $OP

Market Overview 09/28

24h Price Movement:
- BTC continues to maintain a good growth rate, yesterday it surpassed $66k
- Altcoins continue to increase in sync with BTC, the fomo state is returning to the market
- ​​Memecoin is leading the market wave
- More than $53 million in stablecoin netflow was deposited into exchanges in the past 24h

24h News:
- CZ is officially free
- Grayscale predicts these 20 coins will increase strongly in Q4
- Billionaire Mark Cuban wants to replace Gary Gensler as SEC Chairman
$BTC

Grayscale has just released a list of the 20 most promising coins in Q4 2024.

Which one of these are you targeting?

A report from Chainlink predicts that the global cryptoasset market could reach $10 trillion by 2030, driven by institutional participation and regulatory progress. Currently, the value of cryptoassets is $118.57 billion, with Ethereum accounting for 58%.

Tokenization makes assets like real estate and private equity more liquid.
$ETH $LINK

24h Price Movement:
- BTC continues to rise back to $64k and tends to continue to increase
- Altcoins increase with BTC, showing positivity for the entire market
- ​​More than $142 million stablecoin netflow was deposited into exchanges in the past 24h

24h News:
- China continues to dominate Bitcoin hashrate despite banning BTC mining
- EigenLayer announces EIGEN token transfer schedule
- Solana Labs partners with Google Cloud – Sol network GameFi promises to explode

Big news for #DOGS holders!
Great news just came out! The total supply of DOGS has been drastically reduced from 550 billion to 380 billion—that’s a 30% burn (170 billion destroyed)
The total market cap is now only $320 million, which is a positive sign. With the supply decreasing and the market being wiped out, the bottom may have been in and the takeoff could be coming soon!
$DOGS

Former President Trump spoke about crypto again: "I think crypto will have a great future... and maybe the US will pay off the 35 trillion national debt with crypto."

Trump's plan if elected is that the US will keep the current 203K BTC (~13 billion USD) and will buy more BTC so that the US will have 5% of the total supply, and one day, the amount of BTC will be equal to or greater than the US national debt, meaning the national debt will be secured by BTC.
$BTC

Following rumors that Coinbase was selling “paper Bitcoin” to BlackRock, BlackRock amended its contract to require Coinbase to transfer their Bitcoin to an onchain address within 12 hours if requested… Larry Fink wasn’t kidding.
$BTC

24h Price Movement:
- BTC still hovering around $63k
- Crowd sentiment is stable, some people are still waiting to sell the news from interest rate cuts
- Tech altcoins are pushed in unison, memecoin performance is not as good
- More than $260 million in stablecoin netflow was deposited to exchanges in the past 24h

24h News:
- Donald Trump launches a new coin designed by himself
- An ancient Bitcoin wallet has just awakened after 13 years
- MicroStrategy continues to buy another $458.2 million in Bitcoin

MicroStrategy purchased an additional 7420 BTC (~$458.2 million) at ~$61,750/bitcoin

As of 9/19/2024, MicroStrategy holds 252,220 $BTC at an average purchase price of ~$39,266/bitcoin.
$BTC

FED CUT 0.5% INTEREST RATES

US stock indexes fell slightly, but futures also rose slightly.

The Fed's message for the next rate cuts is that the pace of cuts will be reduced, not a series of consecutive 50-point cuts.

What is important is the underlying reason for the Fed's decision to cut by how many points.

A historic day
$BTC