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  • Annual Inflation Rate Slows to 2.9% in July, Lowest Since 2021 ‼️

Annual Inflation Rate Slows to 2.9% in July, Lowest Since 2021 ‼️

Bitcoin Miner Riot Platforms Ups Ownership in Bitfarms to 18.9%, BitGo Moves $2 Billion Of Mt. Gox Bitcoin, and more!

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Traci Smith & Mike Cullison
August 14, 2024

GM 💡 Here is your mid-day break to check in on all things crypto! 👍

In Today’s Crypto World:

  • Annual Inflation Rate Slows to 2.9% in July, Lowest Since 2021 ‼️

  • Bitcoin Miner Riot Platforms Ups Ownership in Bitfarms to 18.9% 👀

  • BitGo Moves $2 Billion Of Mt. Gox Bitcoin 🤩

  • Gainers & Newbies 👀

  • Spider Society #1 😎

  • Short Term Holder Supply 🔬

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

Annual inflation rate slows to 2.9% in July, lowest since 2021

The consumer price index was expected to show a 0.2% increase in July and a 3% gain over the past year.

www.cnbc.com

Bitcoin Miner Riot Platforms Ups Ownership in Bitfarms to 18.9%

Bitcoin miner Riot Platforms said Tuesday that it expanded its ownership in competitor Bitfarms, increasing its stake to nearly 18.9%

cryptonews.com

BitGo Moves $2 Billion Of Mt. Gox Bitcoin

The fifth and final exchange supporting the Mt. Gox bankruptcy is moving its coins connected to the defunct trading platform

cryptopotato.com

DEGEN PLAYS
GAINERS & NEWBIES 👀

*Market insights are updated daily.

VEVE & NFT
SPIDER SOCIETY #1 😎

CHART OF THE DAY
SHORT TERM HOLDER SUPPLY 🔬

This chart shows the total amount of circulating bitcoin supply that is held by short term holders. Short term holders are defined as addresses that have held the bitcoin for less than 155 days.

OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - TOP 15 CRYPTOS 🔦

HOOT’S OF ENLIGHTENMENT
WHAT IS MNT? 💡

MNT is the native cryptocurrency of the Minter Network, designed to facilitate instant and low-cost transactions. Key points include:

1. Fast Transactions: MNT enables near-instant transactions, making it ideal for everyday use and payments.

2. Low Fees: The network's efficient design ensures minimal transaction fees, making MNT a cost-effective solution for transfers.

3. Liquidity: MNT supports the creation and trading of custom coins, providing high liquidity and easy exchangeability within the network.

4. Decentralization: Minter Network is fully decentralized, offering users control and transparency over their assets.

These features make MNT a versatile and powerful token for quick, affordable, and decentralized transactions.

OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀

OWLGO’S LOLS
DAILYMEMES 🤣

Brought To You By: DailyGainsCrypto.com

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.05/31/202406/12/