🟠 BlackRock, the world's largest asset manager, has highlighted the importance of #Bitcoin in recent reports, noting its potential as a store of value, especially during times of economic uncertainty. According to CEO Larry Fink, Bitcoin can serve as a hedge against inflation and the devaluation of fiat currencies, while also offering diversification for institutional investors. They also point out that Bitcoin's growing adoption strengthens its relevance in the global financial markets, particularly with the increasing interest in Bitcoin-based ETFs.
#Crypto #Investing #BitcoinExplained #BlackRock
🚨 Polymarket is considering launching a token as part of a broader strategy to raise over $50 million in funding. This token could be used to validate outcomes on its blockchain-based prediction platform, which has gained significant traction, especially around major events like the U.S. elections. Investors may receive warrants allowing them to purchase these tokens if the launch proceeds, though no final decision has been made.
#Polymarket #Crypto #TokenLaunch #PredictionMarket #Funding
🇸🇻 El Salvador has mined 474 #Bitcoins, valued at $29 million, using volcano-powered geothermal energy 🤯.
#Bitcoin #ElSalvador #Geothermal #Cryptocurrency #Volcano
🚨 #BREAKING: Small tsunamis are being observed in the Izu Islands, Japan, following a magnitude 5.9 earthquake.
#Japan #Tsunami #Earthquake #BreakingNews #IzuIslands
Updates on the ongoing war in southern Lebanon:
🇮🇱 #Israel: This morning, the Israeli Air Force launched its largest strike since 2006 in Lebanon, with several regions of the country hit.
💬 The IDF (Israeli Defense Forces) said the strikes targeted Hezbollah targets and urged Lebanese to "avoid areas where there are weapons depots."
#MiddleEast #Hezbollah #Lebanon #IDF #Conflict
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🇺🇸 BREAKING: The Biden administration has proposed a ban on Chinese vehicles and related technology from U.S. roads, citing national security concerns. The move targets Chinese software and hardware in connected and autonomous vehicles, as these technologies could potentially enable surveillance or remote control of vehicles, posing a threat to U.S. privacy and safety. The ban, which is not yet finalized, would also affect vehicles from Russia.
#NationalSecurity #Biden #Automotive #ChineseCars #Tech
🚨🚨 BREAKING: Telegram has updated its privacy policy and will now share users' IP addresses and phone numbers with authorities if required by a valid legal request, marking a major shift in its stance on privacy. This move follows the arrest of CEO Pavel Durov in France last month. He was charged with several crimes, including facilitating illegal activities through the platform. Durov has been released on bail but is still under investigation.
#Telegram #Privacy #PavelDurov #BreakingNews #Tech
🚨🚨 Unrealized losses on investment securities for US banks have surged to $512.9 billion in Q2 2024, which is 7 times higher than at the peak of the 2008 Financial Crisis.
#BankingCrisis #FinancialMarkets #USBanks #Investing
📣 Apollo Global Management is in talks to invest up to $5 billion in Intel, providing a potential cash boost as Intel navigates market challenges. No deal has been finalized yet.
#Finance #Intel #ApolloGlobal #Investing #Tech
📊 Key Events This Week:
1. S&P Global Services PMI - Result: 55.4 (vs. 55.2 expected) indicating strong growth in the services sector, while manufacturing struggles with a contraction at 47.0.
2. CB Consumer Confidence data - Tuesday* (Results pending).
3. August New Home Sales data - Wednesday (Upcoming).
4. August Durable Goods Orders data - Thursday (Upcoming).
5. Q2 2024 Final GDP Reading - Thursday (Upcoming).
6. August PCE Inflation data - Friday (Upcoming).
#Finance #EconomicData #GDP #PMI #Inflation #ConsumerConfidence
🇱🇧🇮🇱 The number of fatalities in today's Israeli airstrikes in Lebanon has risen to 325, with 1,200 reported injured. Meanwhile, Iranian President Pezeshkian stated, "Iran is ready to ease tensions with Israel, provided it sees the same level of commitment from the other side."
#MiddleEast #Lebanon #Israel #Iran #Geopolitics
🚨🚨🚨 BREAKING: #BlackRock has amended its custody agreement with #Coinbase 💰. BlackRock now requires Coinbase to deposit #Bitcoin 💰 on-chain within 12 hours of instruction, following concerns over "paper BTC" being sold to ETFs instead of real Bitcoin. This move comes after growing pressure from investors demanding more transparency.
#Crypto #Blockchain #Bitcoin #ETF #Coinbase
💰 Ethereum has outperformed Bitcoin 🥇 since the U.S. Federal Reserve cut its Federal Funds rate by 50 basis points last Wednesday, showcasing stronger momentum in the crypto market.
#Crypto #Ethereum #Bitcoin #Fed #Investing #Blockchain
🔥 JUST IN: #Solana's 💰 Total Value Locked (TVL) has reclaimed $5 billion, signaling strong growth and renewed confidence in the ecosystem!
#Crypto #Solana #DeFi #Blockchain #BreakingNews
🔥 JUST IN: $TON 💰 Monthly Active Wallets have surpassed 10M users, marking a doubling of active #TON users in just one month!
#Crypto #Blockchain #TON #BreakingNews
🥇 Bitcoin spot #ETF saw a net inflow of $397 million 📈 last week, with Fidelity ETF FBTC leading at $138 million and ARK 21Shares Bitcoin ETF AKRB bringing in $102 million.
#Crypto #Bitcoin #ETF #Investing
Everything is ready! My node, on my own PC, is now active!
🚨🟠 BREAKING: CZ will be released from prison on September 29 after serving a 4-month sentence for anti-money laundering violations at Binance. He’s permanently barred from managing Binance, but speculation about his next steps is growing.
#Crypto #CZ #Binance #BreakingNews
🇨🇳 The first time in its 97-year history, three Chinese Navy aircraft carriers have been deployed simultaneously.
China has sent both operational carriers to the Western Pacific this summer (three times in three months).
#China #Navy #AircraftCarriers #Military #Pacific
BREAKING: 🇨🇳 China's M1 money supply experiences the sharpest drop on record 📉💸
#China #Economy #M1Supply #FinancialNews #GlobalEconomy
