Bitcoin Bill Advances with Saylor and Lee
US lawmakers will meet with 18 crypto executives, including @MichaelSaylor and @TomLee, to discuss the BITCOIN Act aiming for 1M $BTC purchases funded in a budget-neutral manner. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
US lawmakers will meet with 18 crypto executives, including @MichaelSaylor and @TomLee, to discuss the BITCOIN Act aiming for 1M $BTC purchases funded in a budget-neutral manner. #Update #Crypto $BTC
Canary Capital proposes a 0.95% annual expense ratio for its spot Litecoin ETF, disclosed in regulatory filings as part of its approval application. #Update #ETF $LTC
$200B Texas Teachers Retirement Fund disclosed $25M Bitcoin exposure via @MicroStrategy stock, outperforming ‘Mag 7’ stocks amid rising crypto adoption and regulatory shifts. #Update #Crypto $BTC
@PayPal expands its peer-to-peer service to include cryptocurrency transfers, allowing users to send $BTC, $ETH, and others via PayPal and Venmo. Personal transfers remain exempt from IRS 1099-K reporting. #Update #Crypto $PYUSD
@MicroStrategy has increased its Bitcoin holdings to 638,985 BTC worth over $73 billion after acquiring 525 BTC for $60 million, part of its ongoing treasury strategy. #Update #Crypto $BTC
PayPal launches PayPal Links for peer-to-peer crypto payments, supporting $BTC, $ETH, and PYUSD in the U.S., expanding to the U.K. and Italy soon. #Update #Crypto $BTC
@Strategy has acquired 525 BTC for $60.2 million, marking its seventh consecutive weekly purchase, while MSTR stock drops nearly 2%. Bitcoin trades just below $115,000 amid market concerns. #Update #Crypto $BTC
Bitcoin traded at $115,051 with a market cap of $2.29 trillion and a 24-hour volume of $39.26 billion as bulls test resistance zones. #Update #Crypto $BTC
Spot Bitcoin ETFs attracted $2.34 billion in investments, while spot Ethereum ETFs saw $637.69 million this week, reflecting strong market interest. @Fidelity’s FETH led Ethereum inflows at $381.28 million. #Update #Crypto $BTC $ETH
Bitcoin approaches a potential Federal Reserve interest rate cut, with bullish macro analysis, though traders remain divided on reaching new price highs this week. #Update #Crypto $BTC
Bitcoin faces selling pressure, with Peter Schiff warning it shows signs of topping out ahead of the Fed’s anticipated rate cut on September 17. Resistance at $116,000 remains strong. #Update #Crypto $BTC
Crypto analyst @JA_Maartun warns of altcoin leverage surge with Bitcoin stability, echoing December 2024 crash signals; market cap at $4 trillion. #Update #Crypto
Fears of downside for $BTC and $ETH ease as options market data shows improved sentiment ahead of the Fed rate cut on Sept. 17; BTC rises over 4% to $116,150.89. #Update #Crypto $BTC $ETH
Bitcoin and Ethereum defy September slump, rising 6% and 4% respectively; options data shows bullish sentiment with expectations of Fed rate cuts in 2025. #Update #Crypto $BTC