
Memestic
11 Followers
⚡ TRON (TRX) Rally: TRON has been a standout performer, with a 21% increase over the past month. This rise is largely attributed to strong performance in decentralized trading and the ongoing popularity of memecoins
⚡ Bitcoin ETF Outflows: U.S.-based Bitcoin spot ETFs have seen $1.2 billion in outflows over the past eight days. This is the longest streak of outflows since the ETFs launched in January, coinciding with Bitcoin's recent price drop, which saw a 17% decline in early September
⚡ Bitcoin and Ethereum Weakness: Bitcoin continues to face downward pressure due to investor concerns over a potential U.S. Federal Reserve interest rate hike. Ethereum is also seeing reduced on-chain activity, with widespread liquidations pushing both major cryptocurrencies into a bearish trend. Analysts predict that unless market conditions change, this downward movement may persist
⚡ Crypto in U.S. Politics: As the U.S. election season approaches, crypto-focused political action committees (PACs) are significantly increasing their contributions. Notably, a PAC funded by Gemini and Ripple Labs has spent over $600,000 in key Senate races, highlighting the growing influence of crypto in politics