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Rishu

@rishu007

1196 Following
2113 Followers
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Rishu
@rishu007
Six companies made major Bitcoin buys after its March all-time high👇 You’re not the only one buying the Bitcoin dip 1. MicroStrategy 2. Block 3. Metaplanet 4. Semler Scientific 5. OneMedNet 6. Real Bedford FC MicroStrategy leads with 97% of corporate Bitcoin buys.📈 These companies collectively bought approximately 48,836 BTC after March's peak🔥 💵 Estimated cost: $3.1 billion
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Rishu
@rishu007
AI won't supplant humans, but humans leveraging AI will outpace those who don't. Unfortunately, 33% of people lack internet access, risking exclusion from this technological advancement. This digital divide threatens to revive stark social disparities, reminiscent of ancient inequalities, potentially perpetuating a modern form of economic and social enslavement.
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@rishu007
🚨Despite the ban, 🇨🇳China still owns 55% of Bitcoin’s mining power⛏️ Seems like the ban didn’t work as planned.🤔 Also there are rumours that china will lift the ban later this year....
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Rishu
@rishu007
📊 Tether's USDT is approaching a milestone of $120 billion in market cap for the first time. With $97B in US Treasuries, Tether ranks 18th globally, ahead of countries like Germany, UAE, and Australia.
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Rishu
@rishu007
In 14 days, over $16 billion in USD payouts will begin redistributing to FTX creditors. A significant portion of this money should flow back into crypto. October is coming 😀😀
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Rishu
@rishu007
#Bitcoin network difficulty hits an all-time high! 💪 The strongest it's ever been. Bullish for Bitcoin network. #BTC.
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Rishu
@rishu007
📊 #Crypto Market Yearly Performance 🟢2017: Bull Run Begins 🟢2018: Market Correction 🟢2019: Steady Growth 🟢2020: DeFi Boom & Institutional Interest 🟢2021: All-Time Highs 🟢2022: Bear Market & Regulation Talk 🟢2023: Recovery and Innovation 🟢2024: New ATH, ETFs approved & Institutions are in 🚀
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Rishu
@rishu007
🔥Another solo miner hits big. 🎯 A solo Bitcoin miner using the Solo CK pool just mined block 860749, claiming 3.169 BTC worth $181,143. No reward sharing—this lone miner took it all.
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Rishu
@rishu007
#Base chain leads daily transactions in the top 5 Layer 2s. Growth percentage over the last year: - Base: 490% - Linea: 296% - Arbitrum: 281% - OP: 112% - Scroll: No Data #Crypto #cryptocurrency #Bitcoin
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Rishu
@rishu007
Key Dates to Watch in September 🗓️ Volatility Alert 🚨 - 10 Sep - US Presidential Debate - 11 Sep - #CPI Data Release - 12 Sep - #PPI Data Release - 18 Sep - #FOMC Meeting (Sept 18-19) - 28 Sep - #GDP Data Release - 29 Sep - Cz binance Release Date
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Rishu
@rishu007
#Bitcoin active addresses plummet from 1 MILLION to 650,000! 📉 Activity surged before the April halving, reaching a peak of over 1M 🔺, but by September, active addresses dropped significantly to around 650,000 🔻. What's behind this decline? #cryptocurrency #bitcoinnews
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@rishu007
Crypto Industry Loses $1.21B to Hacks and Rug Pulls in 2024, Across 154 Exploits
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Rishu
@rishu007
The US National Debt has now hit a staggering $35.27 trillion! While ordinary citizens will continue to work diligently to contribute to its reduction, the question remains: will the government take decisive action to address this mounting burden?
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@rishu007
Big news! The market for tokenized real-world assets has just burst through the $10 billion ceiling! And in an exciting development, the tokenized US Treasury market has more than doubled in value this year alone, skyrocketing from $726 million to a whopping $2.07 billion in 2024. This is a game-changer for investors and the future of finance!
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Rishu
@rishu007
Publicly listed companies' #Bitcoin holdings have surged 178% in a year, reaching 💵 $20B. 42 firms now hold 335,249 BTC, up from $7.2B a year ago.
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@rishu007
BlackRock's BUIDL propels Tokenized Treasury Funds to $2B market cap, revolutionizing asset management with digital solutions.
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@rishu007
UPDATE: 134 countries covering 98% of global GDP, are exploring #CBDCs. In May 2020, this number was 35.
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@rishu007
🇺🇸Key Events This Week: 1. July Durable Goods Orders data - Monday 2. CB Consumer Confidence - Tuesday 3. Nvidia, $NVDA, Reports Earnings - Wednesday 4. Q2 2024 GDP data - Thursday 5. July Pending Home Sales data - Thursday 6. July PCE Inflation data - Friday
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Rishu
@rishu007
Bitcoin addresses holding 10 or more BTC have recovered from the early 2023 drop.📈 -> Started 2024 with 155,500 addresses holding at least 10 BTC. Declined to a low of 152,600 in late March. -> Addresses with 10+ BTC increased back to around 153,500.
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@rishu007
🇺🇸Current situation: 1. US job additions revised lower by 818,000, largest revision since 2009 2. US unemployment rate is up to 4.3%, highest since 2021 3. 5 out of the last 6 jobs reports have now been revised LOWER 4. A record number of Americans are now working multiple jobs 5. US Dollar has lost 25% of its purchasing power in 4 years 6. 11% of credit card balances in the US are now delinquent, the highest in over a decade How is this a "soft landing?"🤔
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