Top crypto tweets of the day – August 31st

IMO bitcoin is a collection of (100,000+) identical Excel spreadsheets that CONTAIN all (fractions of) bitcoin (with address), that everyone can VIEW, that everyone with a private key can EDIT (only BTC/address associated with key), that UPDATE simultaneously (!) every 10 minutes pic.twitter.com/K8a6N3JqEd

— PlanB (@100trillionUSD) August 30, 2023

After the XRP and Grayscale Bitcoin wins in court, the Coinbase case is almost certainly going to be a win for crypto as well.

US Courts are crumbling the entire SEC narrative on crypto.

— Lark Davis (@TheCryptoLark) August 30, 2023

Bitcoin is the most egalitarian thing ever, because it says "fuck your stop losses" in an indiscriminate manner to both bears and bulls. ?? pic.twitter.com/TAwEqztwBP

— Adam Cochran (adamscochran.eth) (@adamscochran) August 31, 2023

#Binance Pool launches the Ordinals Inscription Service!

You can now inscribe additional data directly onto individual satoshis, creating unique digital artifacts that are securely stored on the #BTC network.

More info here ⤵️

— Binance (@binance) August 31, 2023

Well that scam died quickly. Hope you didn't scan your eyeballs, anon. pic.twitter.com/XZZKfcqNr9

— Autism Capital ? (@AutismCapital) August 31, 2023

? INFLATION UP AGAIN

US PCE Price Index YoY Actual 3.3% (Forecast 3.3%, Previous 3.0%)

US Core PCE Price Index YoY Actual 4.200004% (Forecast 4.2%, Previous 4.1%)

US PCE Price Index MoM Actual 0.2% (Forecast 0.2%, Previous 0.2%)

US Core PCE Price Index MoM Actual 0.2%… pic.twitter.com/eM4pt4viMb

— Dr Danish (@operationdanish) August 31, 2023

Curve is the latest major DeFi protocol to launch on Base ? pic.twitter.com/lHRkWekLfu

— Messari (@MessariCrypto) August 31, 2023

? BREAKING ?

?? US court have called Bitcoin and
ETH commodities while dismissing a
lawsuit against Uniswap DeFi platform.

— Ash Crypto (@Ashcryptoreal) August 31, 2023

The SDNY (Failla, J.) also explicitly found in its August 29 decision in Risely v. Uniswap that

Ethereum is a commodity, not a security.

No analysis of the issue, just the conclusion, but still, pretty definitive statement if you ask me.

??? pic.twitter.com/KEc5Pf5kTC

— Bill Hughes : wchughes.eth ? (@BillHughesDC) August 30, 2023

Bloomberg analysts Eric Balchunas and James Seyffart raise their spot #Bitcoin ETF approval odds to 75% "this year" ? pic.twitter.com/3ERt85uprG

— Bitcoin Magazine (@BitcoinMagazine) August 30, 2023

As Paxos has halted minting of new BUSD, #Binance will now gradually remove support for the stablecoin on our platform.

BUSD will always remain backed 1:1 by USD, and we continue to support a wide range of other stablecoins.

Find more details below.

— Binance (@binance) August 31, 2023

BREAKING: Cambridge revise down Bitcoin energy estimates

Key points:

1. CCAF model overestimated by 16.8% in 2021, and 10.2% in 2022. This is in alignment with my previous research where I suggested earlier this year that their model was overestimating by 20.6%…

— Daniel Batten (@DSBatten) August 31, 2023

? #Ethereum is currently sitting at $1,700, and $ETH is standing out amongst top caps as the asset traders are growing most impatient with. Historically, when we see wallets disposing of their coins at lower values, price bounce likelihoods increase. https://t.co/Qm08sxge6x pic.twitter.com/SM7eoze8dI

— Santiment (@santimentfeed) August 31, 2023

?In the last two weeks, BTC saw two of the most significant hourly price moves since Terra. ?? pic.twitter.com/AImgFvhWzv

— Dessislava Ianeva (@DessislavaIane2) August 29, 2023

??#BTC correlation with equities is on the rise, reaching its highest point in months following global risk-off selloff. pic.twitter.com/wLY30GGzs3

— Dessislava Ianeva (@DessislavaIane2) August 30, 2023