Top crypto tweets of the day – September 5th

In order to enhance liquidity and capital-efficiency for users, Binance is introducing BUSD Auto-Conversion for users' existing balances and new deposits of USDC, USDP and TUSD at a 1:1 ratio

Will cease trading in USDC/TUSD/USDP pairs

Thoughts?https://t.co/FDqcNzJ5ci

— db (@tier10k) September 5, 2022

PoolinWallet plans to pause all withdrawals, flash trades, and internal transfers within Poolin systems from 10:00 PM, GMT+8, September 5. Poolin said they are expecting to provide the community with more details, and feasible solutions within a week. https://t.co/qmD3gkT2B0 https://t.co/xgW7XhxmXQ

— Wu Blockchain (@WuBlockchain) September 5, 2022

#Bitcoin miners capitulating again?
Some #Bitcoin miners sent 5k coins to exchanges today.

Why?
– BTC price remains low.
– Mining difficulty is near a fresh ATH.
– Hashprice has collapsed on YoY basis.

Read below. pic.twitter.com/DtbXmqyVIj

— Julio Moreno (@jjcmoreno) September 2, 2022

If we analyze income and mining difficulty together we see #bitcoin miners are in the extremely underpaid territory right now. pic.twitter.com/mKp12GxwcM

— Julio Moreno (@jjcmoreno) September 2, 2022

BREAKING: UK has a new Prime Minister, who is supportive of #Bitcoin and crypto.

'We should welcome cryptocurrencies', said Liz Truss in 2018

Time for policy action…

— Bitcoin Archive (@BTC_Archive) September 5, 2022

We should welcome #cryptocurrencies in a way that doesn't constrain their potential. Liberate free enterprise areas by removing regulations that restrict prosperity. #PolicyExchange #futureoffreedom #shakeup

— Liz Truss (@trussliz) January 30, 2018

The thing about bear markets is people spend the entire time trying to buy the bottom and in doing so give back all their bull market gains just to need 1-2 bull runs to make it back. A vicious cycle. https://t.co/poNhYP5T74

— Pentoshi (@Pentosh1) September 5, 2022

I have a message to all climate activists – If you want to reduce emissions, mine #bitcoin of stranded natural gas.

That's by far the most cost-effective way you can reduce greenhouse gas emissions. pic.twitter.com/4BDSNeLNfT

— Jaran Mellerud (@JMellerud) September 5, 2022

#Bitcoin $BTC Futures Contracts Open Interest just reached a 1-month high of $354,728,356.14 on #Bitmex

Previous 1-month high of $354,435,969.64 was observed on 28 August 2022

View metric:https://t.co/iSDHxkGJSu pic.twitter.com/pfeUDwnd1G

— glassnode alerts (@glassnodealerts) September 5, 2022