👩🚀 #REVIEW BITCOIN GLOBAL
Some hopium for survivors! Last few months were absurdly bad for crypto market, especially for altcoins. $BTC also did nothing, just lower lows and lower highs with no significant moves.
This pattern is really similar to year 2019! That time $BTC also pumped hard only to slowly bleed back down. It makes more sense when you compare the stochastic RSI: look how overbought oscillator slowly comes back to middle of the zone, only to strike back hard!
Digital asset investment products saw a reversal, with inflows reaching $436m after a period of outflows amounting to $1.2bn.
Bitcoin was the primary focus, seeing $436m of inflows having seen a 10-day run of outflows totalling $1.18bn.
Kraken has again denied the U.S. Securities and Exchange Commission's allegations and demanded a jury trial to defend its position in the lawsuit, according to a Thursday court filing.
MicroStrategy has added another 18,300 BTC to its holdings for approximately $1.11 billion at an average price of $60,408 per Bitcoin. The company has achieved a BTC yield of 4.4% quarter-to-date (QTD) and 17.0% year-to-date (YTD). As of September 12, 2024, MicroStrategy holds a total of 244,800 BTC, acquired for roughly $9.45 billion, at an average price of $38,585 per Bitcoin.
Binance has released its 22nd proof of reserves, with a snapshot taken on September
Key changes include:
- BTC assets: 605k, down 1.27% from the previous snapshot.
- ETH assets: 4.486 million, down 4.58%, a decrease of 215k ETH.
- USDT assets: 22.11 billion, up 4.34%, an increase of 919 million USDT.
