Record-breaking crypto sales: Bitcoin's pre-sale surpasses $15 million during Bitcoin's ongoing recovery phase
In the ever-evolving world of cryptocurrencies, several significant events have taken place. Here's a rundown of the latest news:
Bitcoin Hyper's Presale Gains Momentum
Interested buyers can visit the Bitcoin Hyper presale website to purchase HYPER tokens at a discounted price. Early adopters can buy the project's native token for $0.012905. Notably, Bitcoin Hyper has surpassed $15 million in its presale.
Federal Reserve and Cryptocurrencies
The Federal Reserve's upcoming rate cut decision has sparked a flurry of activity in the cryptocurrency market. Eric Trump has suggested that a rate cut could send crypto-tied stocks surging in Q4. Moreover, the probability of a rate cut this month is currently estimated at 92.5%. This could potentially devalue the dollar, sending cryptocurrencies, particularly Bitcoin, to new all-time highs.
Market Trends
BTC's dominance remains below 59% due to the outperformance of altcoins. XRP, BNB, and Hyperliquid have surged as markets brace for the rate cut decision. Meanwhile, Bitcoin's perception among investors is shifting to that of a safe-haven asset. This shift is evident in the net spot BTC ETF inflows, which have exceeded $1.3 billion over the past two days.
Notable Developments
Microsoft has joined the scramble for the UK AI 'cake' with a $30 billion package. Vitalik Buterin, Ethereum's boss, has presented a new roadmap at the Japan Dev Conference.
Cautionary Tales
Unfortunately, the cryptocurrency space isn't without its risks. A user recently lost $1M USDC to a MEV bot after a mistaken transaction. Hackers have also seized the FBI's botnet takedown targets and built a stronger cyberweapon from them.
Anonymity in Cryptocurrency Projects
The team behind Bitcoin Hyper has maintained anonymity, a common practice in cryptocurrency projects to protect members from scrutiny or regulatory attention. However, the specific reasons for the anonymity of Bitcoin Hyper's team have not been publicly detailed.
Inflation Rates
In other news, the US inflation rates for September 11 were 2.9% year-on-year.
Staking Rewards
Buyers who purchase HYPER tokens can immediately stake them for a high annual reward of up to 73%.
Institutional Demand for Bitcoin
Bitcoin briefly hit $116,000 today due to increased institutional demand.
Next Technology's Bitcoin Purchase
Lastly, Next Technology has filed for a $500M common stock offering to buy more Bitcoin.
Stay tuned for more updates in the rapidly evolving world of cryptocurrencies!
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