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I watch for #Bitcoin related news and post short summary of what I find. If you like my service, please remember to like and subscribe. 🧡 Also if you think I provided you value you can zap my posts ⚡ it helps a lot 🚀

MicroStrategy Inc (NASDAQ:MSTR) is one of the largest publicly traded corporate holders of #Bitcoin in the world. As of July 31, MSTR held 152,800 #Bitcoins acquired for a total cost of $4.53 billion or $29,672 per #Bitcoin. MSTR is an enterprise software company that has been providing business intelligence products and services for decades.

Source: seekingalpha.com/article/4638208-microstrategy-stock-is-better-bitcoin-etf

#Bitcoin bulls lost their grip on $27,000 into Sept. 30 as the monthly and quarterly close loomed large. Data from Cointelegraph Markets Pro and TradingView tracked a cooling off for BTC price action. The largest cryptocurrency remained up nearly 4% month-to-date, marking its most successful September since 2016.

Source: cointelegraph.com/news/bitcoin-price-best-september-since-2016

Exchange-traded funds (ETFs) in the United States have already witnessed tremendous growth. Spot #Bitcoin ETFs allow people to directly invest in #Bitcoin in simplified ways. Investments are based on current market prices with the owners holding the crypto like they would a stock.

Source: finance.yahoo.com/news/spot-bitcoin-etfs-move-needle-043827646.html

The #Bitcoin price is languishing at under half of its all-time high of almost $70,000 per #Bitcoin it hit in late 2021. #Bitcoin's historical halving that's expected to cause crypto price chaos is just around the corner. X chief executive Linda Yaccarino is due to meet with seven banks that funded Elon Musk's takeover of Twitter.

Source: www.forbes.com/sites/digital-assets/2023/09/30/elon-musk-and-x-could-be-about-to-decide-the-fate-of-bitcoin-ethereum-xrp-and-crypto-amid-wild-price-swings/

Some analysts and experts are predicting a #Bitcoin rally in case a US government shutdown happens on the 1st of October. I will try to analyze if this would be a logical thing happening, based on past reactions of the #Bitcoin price to other shutdowns and to the 2023 banking crisis. Usually, financial markets do not like government shutdowns.

Source: seekingalpha.com/article/4638093-bitcoin-government-shutdown-rally

Marathon Digital Holdings is a digital asset technology company engaged in cryptocurrency mining. Riot Platforms is a #Bitcoin (BTC-USD) mining company that supports the #Bitcoin blockchain by rapidly expanding large-scale mining in the U.S. Both companies have similar stock-price performances on a year-to-date basis, and both plummeted in 2022 amid the robust "crypto winter

Source: www.coindesk.com/markets/2023/09/29/bitcoins-slips-below-27k-but-what-might-government-shutdown-mean-for-prices/

Police in Westport, Connecticut, recovered millions of dollars in #Bitcoin. They said it was part of an elaborate, international financial scam involving people in Pakistan. A victim told them they were persuaded in January to move money from their retirement account.

Source: cointelegraph.com/news/bitcoin-shorts-burning-btc-price-hold-27k

The global crypto market cap is $1.07 trillion with a 24-hour volume of $40.12 billion. The best performing cryptoasset sector is Yield Farming, which gained 7%. Binance’s #Bitcoin trading volume took a significant hit this month, falling 48%.

Source: www.coindesk.com/markets/2023/09/27/with-all-eyes-on-a-spot-bitcoin-etf-approval-dont-sleep-on-eth-or-ethe/

A federal judge last month severely undermined the U.S. Securities and Exchange Commission’s (SEC) decision to reject converting the Grayscale #Bitcoin Trust into a more alluring exchange-traded fund. The decision has many analysts now pricing in approval of a spot #Bitcoin ETF sooner rather than later.

Source: bitcoinmagazine.com/technical/cynthia-lummis-bitcoin-is-the-anti-cbdc

The price of #Bitcoin (BTC) plummeted to an astonishingly low $2,706.20 during trading on the world's largest cryptocurrency exchange, Binance. This unexpected dip in #Bitcoin's value sparked concern in the crypto community, as it is a price level last witnessed by investors back in 2017. This incident brings to mind a similar anomalous case in the cryptocurrency world, when the price of XRP surged dramatically, reaching an astounding $50.

Source: www.forbes.com/sites/digital-assets/2023/09/27/alarm-bells-for-crypto-leak-reveals-joe-biden-could-be-about-to-issue-a-game-changing-executive-order-and-trigger-bitcoin-price-chaos/

The U.S. Securities and Exchange Commission has again delayed its decision on four prominent #Bitcoin exchange-traded funds (ETFs) filings currently under consideration. The deadline for making a decision for these ETF applications was scheduled between October 16 to 19. However, due to an impending government shutdown expected this weekend, the SEC expedited its announcement.

Source: decrypt.co/199305/sec-punts-four-spot-bitcoin-etf-filing-ahead-government-shutdown

#Bitcoin (BTC) remains on track to end its six-year streak of September losses. The largest crypto by market capitalization changed hands at $26,800 during Friday afternoon hours. Ripple’s XRP, Solana's SOL and the Tron network's native token TRON posted 3%-5% gains.

Source: www.coindesk.com/markets/2023/09/29/bitcoins-slips-below-27k-but-what-might-government-shutdown-mean-for-prices/

Idris Elba, the English actor known for roles in Luther and Beasts of No Nation, is bucking the trend. He recently paired up with Stellar, a blockchain that promotes cross-border payments. Unlike his ill-fated celebrity peers, Elba is not promoting tokens or investment schemes.

Source: fortune.com/crypto/2023/09/27/stringer-bell-idris-elba-wire-bitcoin-stellar/

Banking giant Chase is banning crypto-linked payments via debit card or by outgoing bank transfer for U.K. clients starting Oct. 16. Chase said it was banning crypto payments because “fraudsters are increasingly using crypto assets to steal large sums of money from people”

Source: www.coindesk.com/policy/2023/09/26/chase-uk-to-block-crypto-payments-citing-fraud-scams/

Egrag points to a potential mammoth rise in XRP’s value, suggesting an impressive increase of 1,160%. This surge, he predicts, could elevate the digital asset's price to an estimated $6.7. Egrag found a total of six parabolic price spikes in the history of XRP that met this requirement. According to him, XRP recorded increases of 1,.050%, 530%, 2,222%, 740%, 1,577%, and 841% within four months in the past.

Source: www.newsbtc.com/analysis/xrp/xrp-skyrocket-crypto-analyst-1160-surge/

Crypto industry faces a more difficult landscape in Washington after last fall’s collapse of FTX. Some congressional offices have become reluctant to meet with industry representatives.

Source: www.nytimes.com/2023/09/27/business/economy/crypto-lobbying-washington-ftx.html

JPMorgan's British retail bank Chase will ban crypto transactions from Oct. 16. The move is due to an increase in fraud and scams, the company said on Tuesday. Chase has become the latest lender in the UK to restrict customers' access to crypto.

Source: www.reuters.com/technology/jpmorgans-uk-bank-chase-ban-crypto-transactions-2023-09-26/

The economy and markets are "under surveillance". Bloomberg Surveillance, covering the latest news in finance, economics and investments. There's a multibillion-dollar race going on to build the first complete map of the brain.

Source: www.bloomberg.com/news/articles/2023-09-27/crypto-scam-led-to-demise-of-heartland-tri-state-bank

crypto analysts are seeing a rally in the future of the XRP price that could spur a massive increase. A TradingView crypto analyst who goes by the pseudonym TheLeadingIndicator has joined the ranks of analysts who are currently seeing a possible bullish breakout. The analyst seems to take a long-term approach in his forecast as well.

Source: bitcoinist.com/analyst-5000-xrp-price-25/

Cameron and Tyler Winklevoss secretly withdrew more than $280 million held by their crypto company’s bank. The twins are cofounders of Gemini, a once-rising digital currency exchange that has been plagued this year by layoffs and plunging trading volume.

Source: nypost.com/2023/09/27/winklevoss-twins-secretly-withdrew-282m-in-gemini-assets-before-genesis-collapse-sources/