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Hak-Kun Hyun Baek ⚑
27217093e83ec6289df7562811e01af5f7966870b88fad9169e7bf10c434fdda
Interested in economics, politics and cryptocurrencies. hakkunhyunbaek@walletofsatoshi.com β‚Ώmildlylingo92@phoenixwallet.me

Good night people! Be well, tomorrow I'm back! Thanks for the attention πŸ‘ŠπŸ»βœŒπŸ»

And to US residents, #Happy 4th of July! Enjoy with your families, this is our greatest asset! Hugs πŸŽ†πŸŽ‡

#Bitcoin Ordinals Launchpad platform Luminex has made an exciting announcement regarding its new ordinal collection standard, BRC-69. This innovative standard aims to disrupt the way ordinal collections are launched by slashing inscription costs by over 90%. Additionally, it introduces a fully on-chain pre-reveal process, ensuring greater transparency and security throughout the collection launch. By leveraging BRC-69, Luminex aims to revolutionize the creation and distribution of ordinal collections, opening up new possibilities for artists and collectors in the blockchain ecosystem.

#Bitcoin #OrdinalCollections #Luminex #BRC69

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🚨 The #Chicago Mercantile Exchange (CME) Group has revealed its intention to launch Ether/Bitcoin Ratio futures, adding to its existing lineup of #cryptocurrency derivatives. With these futures contracts, traders will have the opportunity to speculate on the relative performance of #Ether (ETH) and #Bitcoin (BTC) by trading based on their ratio. The launch of Ether/Bitcoin Ratio futures is planned for July 31, pending regulatory review.

#CME #CryptoDerivatives #EtherBitcoinRatio

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πŸ’‘ We've been talking a lot about ETFs, so it's important to define them for you.

β–ͺ️Exchange-Traded Fund:

An ETF is an investment fund that trades on stock exchanges, offering investors exposure to a diversified portfolio of assets, such as stocks, bonds, or commodities. ETFs are designed to track the performance of a specific index or sector, providing a convenient and cost-effective way to invest in a wide range of assets.

#ETF #Investment #Finance #bitcoin

Verifying my Nostr Nests identity: wA43euAgD_sjSqV-O37fys5jvLYupBW6mxGI0wBH1FA

https://nostrnests.com

A research report from brokerage firm Bernstein suggests that the chances of the U.S. SEC approving a physically-backed Bitcoin ETF are moderately high.

The report highlights that the SEC may lean towards approving a regulated Bitcoin ETF that has surveillance measures in place for existing exchanges, as opposed to dealing with OTX products like the Grayscale Bitcoin Trust, which are costlier and less liquid.

#BitcoinETF #SEC #CryptoNews

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πŸ‡ΉπŸ‡­ Starting July 31st, Thailand's SEC will introduce new regulations mandating digital asset service providers to offer clear risk warnings for cryptocurrency trading and prohibit the use of client funds for loans and investments.

#Thailand #CryptoRegulation #SEC

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My city has been raining, raining for almost 3 days... πŸ˜•

This is beautiful! Nosrt is the future 🀝🏻

πŸ‡ΈπŸ‡¬ Singapore's Monetary Authority (MAS) has directed cryptocurrency service providers to deposit customer assets into a statutory fund by year-end for increased protection.

MAS has also limited these providers from facilitating token lending and staking for retail clients, while exempting institutional and accredited investors from these restrictions.

Singapore's central bank is seeking public input on legislative changes related to these requirements. MAS may review its stance on the restrictions in the future.

#Singapore #CryptoRegulation #MAS

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JUST IN: Instagram is set to launch its own Twitter competitor called 'Threads' this week.

#Instagram #Threads #SocialMedia

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πŸ—ž Federal Reserve economists: Interest rates could be kept above 5% for much longer than investors anticipate. Possibly until 2026 - DJ

#FederalReserve #InterestRates #Economy

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🌍 Projected terminal interest rates of Global Central Banks:

Fed πŸ‡ΊπŸ‡Έ: 5.41%

ECB πŸ‡ͺπŸ‡Ί: 3.93%

BoE πŸ‡¬πŸ‡§: 6.24%

RBA πŸ‡¦πŸ‡Ί: 4.50%

BoC πŸ‡¨πŸ‡¦: 5.09%

We'll keep an eye out! πŸ‘€

#CentralBanks #InterestRates #GlobalEconomy

πŸ‡ΊπŸ‡Έ In the 2008 economic crisis, the US established the Troubled Asset Relief Program (TARP), a government bailout of $700 billion.

The US National Debt has increased by $851 billion in just the past month.

Makes me wonder what will happen to #Bitcoin if there's more USD, but the same supply of #Bitcoin. πŸ€”

#Bitcoin #USD #EconomicCrisis

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πŸ’° Coinbase skyrocketed 70% in less than a month.

#Coinbase #Crypto #Investment

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You're welcome, my friend! I want to keep our community together and well informed! πŸ˜…πŸ‘ŠπŸ»