🇸🇻 El Salvador keeps stacking sats! The country continues its daily Bitcoin ($BTC ) purchases, sticking firmly to its dollar-cost averaging strategy. 💰 Despite market swings, El Salvador remains committed to HODLing strong, showcasing long-term conviction in Bitcoin as both a reserve asset and a future growth driver. 🚀🔥
PayFi Continues to Heat Up — Remittix (RTX) leads the momentum as PayFi’s rising star. With $24M raised, upcoming listings, and a beta wallet on the way, analysts are projecting up to 100× upside.
📉 US Initial Jobless Claims rose by 11K in the week ending August 10, reaching 235K. The figure came in well above the 225K forecast, marking the highest weekly tally in two months—fueling expectations that the Fed may lean closer toward a rate cut.
Trump crypto backer Justin Sun says his World Liberty tokens frozen. Sept 5 (Reuters) - Justin Sun, one of the biggest known backers of President Donald Trump's World Liberty Financial crypto venture, said on Friday that his tokens had been frozen, without giving further details. Sun had spent at least $75 million on World Liberty Financial tokens, known as $WLFI, according to his posts on X. The tokens became publicly tradable on Monday and fell in value.
📊💰 $BTC ETFs attracted 300M in inflows, while $ETH ETFs faced $40M in outflows. Institutions are leaning toward Bitcoin as the safer bet, with upcoming macro data likely to steer the next move.
NEWS: US Bancorp is making a comeback in the crypto custody space, reopening services for institutional clients following updated regulations. The bank will start with Bitcoin ($BTC ) and later expand into other compliant digital assets.
NEWS: SEC Commissioner Paul S. Atkins highlights that clearer crypto regulations are on the agenda for Spring 2025, paired with a broader push for regulatory rollbacks.