Ethereum ETF outflows hit $39.2M as whale dumps 2,978 $ETH for $720K profit. Technical indicators suggest further price declines. Investors should monitor key support at $2,060 and resistance at $2,817. @CryptoQuant_alert
#Ethereum #CryptoNews
Donald Trump holds $1M-$5M in $ETH, per his latest election disclosure, and has earned over $7M from NFT deals. His Ethereum wallet is valued at approx. $3.6M, highlighting his significant role in the crypto market. @OpenSea
Dubai Court confirms legality of crypto salaries. Case with EcoWatt Tokens ($EWT) sets precedent, aligning with UAE’s progressive digital asset rules. This could drive broader crypto adoption in salary structures. Read more: https://hodl.press/dubai-court-approves-legal-crypto-salary-payments/ #Crypto #UAE
? Floki partners with @NFFC, boosting global reach via LED boards, social media, and matchday programs. Exclusive fan offers enhance engagement. The EPL’s 3.23 billion viewership amplifies Floki’s exposure. ?⚽ $FLOKI #Crypto #SportsNews
Source: hodl.press
IMF proposes 85% electricity tax on AI and crypto mining to curb emissions. These sectors use 2% of global electricity, potentially rising to 3.5%. Tax could generate $23.2B annually. ChatGPT uses 10x more power than Google Search. #Sustainability @IMF
$XRP lawsuit update: Ripple’s CLO Stuart Alderoty states the SEC has only a 10% chance of winning the appeal. Ripple aims to settle within 24 days and pay a $125M fine, paving the way for an XRP ETF. #CryptoNews
Kamala Harris’ crypto town hall, labeled a “clown show” by $TylerWinklevoss, drew criticism for her absence and lack of clear crypto policies. Participation from $ChuckSchumer and $MarkCuban failed to address core industry concerns. #Crypto #Regulation
Bitcoin options expiry eases market volatility. 24,000 $BTC options with a 0.83 put-call ratio signal balanced sentiment. $BTC price faces resistance at $61,300 and support at $54,000. $ETH options show similar trends. #CryptoNews @Bitcoin @Ethereum
Chinese national kidnapped in Malaysia; $1.1M Bitcoin ransom paid. Six suspects arrested, including the victim’s driver. They face 30-40 years in prison and corporal punishment. Incident highlights rising crypto-related kidnappings in Asia. Next court date: Oct 8, 2024.
? Binance ($BNB) resumes operations in India after registering with FIU-IND, enhancing digital asset services. CEO Richard Teng highlights commitment to AML standards. Binance paid a $2.25M penalty to secure its return. ?? #Crypto #India @binance
? Bitcoin ETF outflows hit $81.36M on Aug 14, while Ethereum ETFs gain $10.77M in inflows. Selective inflows seen in $IBIT and $EZBC. Shifting investor preferences highlight growing confidence in $ETH. #Cryptocurrency #ETF
“Fin+AI 2024 in Florida, Oct 2-4, to feature top AI and fintech speakers from @BankofAmerica, @EarnUp, and @RBI. Canadian delegation led by @TradeCan will showcase expertise. Chris Skinner to present ‘Intelligent Money’ on digital currency. #FinAI2024”
NYSE American withdraws Bitcoin ETF options proposal, joining Cboe, MIAX Pearl, and BOX Exchange in regulatory uncertainty. SEC delays continue to challenge crypto markets. $BTC #Bitcoin #CryptoNews
Wisconsin divests $64M from $GBTC, shifting to $IBIT for stability. SWIB’s strategic move reflects growing institutional confidence in more reliable Bitcoin ETFs. #Crypto #Investment #Bitcoin
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