CryptoNews.com, August 29: 1. The United States plans to add 1 million BTC to its strategic reserves; 2. Bitcoin fell below $77,000, triggering $5.47 billion in leveraged positions liquidated; 3. Ethena: USDE backing faces a major shift toward equity perpetual contracts; 4. Analysts: U.S. Bitcoin ETFs recorded net inflows of $3.04 billion over nine consecutive days; 5. Revolut has accumulated $2 trillion in on-chain transaction volume; 6. Pakistani government officials announce the establishment of a strategic Bitcoin reserve; 7. Ethereum ETFs saw net inflows of $22.58 billion, with BlackRock contributing $13.02 billion; 8. On-chain whales act again: a new wallet deposits $10 million in USDC and opens a position of 7,000 ETH; 9. Bitcoin recorded its largest weekly dollar gain in history; 10. BlackRock accumulated approximately $229 million in BTC and ETH over the past nine hours.
U.S. Plans to Add 1 Million BTC to Strategic Reserves
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Summary
According to BitJie, the U.S. government plans to add 1 million BTC to its strategic reserves. The BTC price fell below $77,000 as $5.47 billion in leveraged positions were liquidated. U.S. Bitcoin ETFs recorded a net inflow of $3.04 billion over nine days. Blackstone added $13.02 billion to Ethereum ETFs. Altcoins to watch may gain momentum amid shifting market flows.
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