Crypto News: Bitcoin, ETH Issues, Macro, WBTC FUD, Memecoins, HNT & MORE!

"all of these fact together um led Goldman Sachs for example to say that they reduced their chance of a US recession in the next year from 20% to 15% and of course this means all stars are aligned potentially for a Fed pivot uh in September which we all looking forward to that is what we all want isn't it Fed finally to Pivot to cut interest rates there's talk of them maybe cutting as much as 50 basis points"

"so the market thinks that the FED is more than likely to be at 70% chance of uh 25 basis point cut yeah"

"we will by the end of the year have you know inflated away the reduction we'd seen the cumulative reduction we'd seen since the merge"

"the last time the eth burn rate was this low back in October last year um and sentiment around ethereum was pretty low then we then went on to have a kind of mini Al season if you like really sort of kicked off from October you know through until about sort of um the spring you know March April of this year"

"could this could this be pointing towards increased centralization in the Bitcoin mining space"

"they issued um a 500 million $500 million they want to issue a $500 million note as well um which will allow m s sailor to buy some more Bitcoin for micro strategy just further turning his his comp his B2B software company into the world's biggest Bitcoin hedge fund"

"January the 1st 2025 central banks will be allowed to hold crypto on their balance sheets"

"it will be zero fees to Mint and redeem because it's like on base I I do think that within six months or so if we do see um a CBBC launching it could overtake wbtc"

"that seems to have pumped um because of an integration with lie.i a cross-chain liquidity provider um this is going to make Bitcoin swaps on evm chains easier um and it could according to crypto slate um make could lead to more adoption of BTC in defi"

"Clayton is shortly rebranding to k um and they just announced an integration with Abu Dhabi Global Market adgm um and the main net is launching fairly soon"

"there's a proposal to deploy RV version 3 on uh ZK-sync so another layer two um which is which is going to pass pretty easily seeing as no one has yet objected to it"

"Phantom itself is also in the middle of a Rebrand it's rebranding to Sonic"

"about 9.5 million or 2.41% of Supply coming or circular Supply coming on Avalanche okay in 16 days"

"we've got 54 million about 7% of pixel Supply it's going to be coming onto the market okay and then that's going to be in two where it close pretty soon 16 hours"

"we got some Eno circula Supply being unlocked less than 1% less than 1% I think"

"retail is coming you know well adjusted adults with nine to- five jobs with monthly expenses and obligations they're coming to trade digital Commodities with us that's what they're going to do just be patient retailers on the way"

"if the boj and fed won't allow the dollar Yen interest rate differential to narrow the market will continue to pile on Leverage Bitcoin pumps in Fiat system collapses or if more Li fat liquidity chases assets with fin out supplies yachy kiss kiss kiss kiss kiss bang"

"there's still about 21 billion to go on grayscale ETF Holdings but I think that it will kind of normalize eventually because the ETF minis have cheaper fees and stuff like that so they'll be able to they'll likely keep it in there but yeah it's a turning point"