Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend.
Monthly archives: September 2024
Tons of options: 5 crypto wallets that support TON blockchain
As the TON network continues to develop, holders are demanding wallets with complex functionalities that support the chain’s assets.
Ethereum gas fees rose 498% in two weeks as network activity surged — Report
An uptick in Ethereum network activity was accompanied by a 498% rise in ETH gas fees. Will Ether price respond?
US Regaining Dominance of Bitcoin (BTC) Holdings, According to CryptoQuant CEO
The chief executive of market insights firm CryptoQuant says that the US is regaining its dominance of Bitcoin (BTC) holdings. In a new post on the social media platform X, Ki Young Ju says that the US recouping its BTC dominance is being driven by demand for spot market exchange-traded funds (ETFs). “The U.S. is …
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Donald Trump Announces Opening of Official Whitelist for New DeFi Platform World Liberty Financial
Former president and current Republican nominee Donald Trump has confirmed the launch of World Liberty Financial, his new decentralized finance (DeFi) platform. Addressing his 91.1 million followers on the social media platform X, Trump shares a link to the project’s KYC (know your customer) portal. “I promised to Make America Great Again, this time with …
$3,460,000,000 Worth of Crypto Assets Set To Hit Altcoin Markets Next Month, According to Token Unlocks
New data from tokenomics insights firm Token Unlocks reveals that billions of dollars worth of crypto assets are expected to pour into markets in October. In a new thread on the social media platform X, the market intelligence platform says that $3.46 billion worth of digital assets are scheduled to be unlocked next month, including …
$1,200,000,000 Flows Into Institutional Crypto Products Amid Further Expectations of Dovish Fed: CoinShares
Digital assets manager CoinShares says that institutional crypto investors poured billions in capital into digital asset products last week in anticipation of further interest rate cuts. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $1.2 billion last week. “Digital asset …
Tether Says It Helped US Government Seize $6,000,000 in Crypto From Southeast Asian Scheme
The company behind the world’s largest stablecoin by market cap says it aided US authorities in confiscating the proceeds of an overseas crypto-confidence scheme. Perpetrators of crypto-confidence schemes approach their victims through dating apps, text messages or professional meetups or investment groups to gain their trust and lure them into depositing funds into crypto websites …
Australian lender ANZ partners with Chainlink to explore RWA tokenization
CSAO region becomes global crypto hub with India, Singapore, and Indonesia leading the charge – Chainalysis Adoption 3 weeks ago India, Singapore, and Indonesia are transforming the crypto landscape with strong adoption, innovative payment solutions, and explosive trading activity. Go to Source
October set for $3.46 billion crypto token flood, first week to unlock $735 million
Over $735 million worth of crypto will be unlocked and released into circulation in the first week of October, according to data from Token Unlocks. The $735 million unlock is part of a larger $3.46 billion expected to be released throughout October. According to Token Unlocks, most releases involve assets like Celestia, Worldcoin, and Solana. …
Over 4 years all Bitcoin purchases have made at least 25% in profit
Bitcoin’s 4-year compound annual growth rate (CAGR) remains above 50%, outperforming the Vanguard Information Technology Index ETF (VGT). Bitcoin vs Vanguard 4-year CAGR (Apsk32) From 2016 through late 2024, Bitcoin’s CAGR has fluctuated but consistently surpassed VGT’s performance. In 2016, Bitcoin’s CAGR peaked above 200% before declining to about 50% by early 2017. A resurgence …
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Swiss nonprofit BIO Association to launch BIO tokens for decentralized biotech network
The BIO Association, a Swiss nonprofit, has unveiled plans to launch BIO tokens ahead of its decentralized biotech network, BIO Protocol, according to a Sept. 30 statement shared with CryptoSlate. The association seeks to bridge the gap between biotechnology and crypto through its decentralized biotech network. This platform will serve as a launchpad for on-chain …
Convictions for crime related to crypto total 272 years in jail over past decade
Crypto leaders have faced continued legal scrutiny over the past few years, with several high-profile figures receiving lengthy prison sentences. In a recent study into jail sentences in crypto, Social Capital Markets draws parallels to the prosecution of bankers after the 2008 financial crisis. Social Capital Markets reported that key crypto players have been sentenced …
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Bitcoin on track for best September on record up 8.36%
Bitcoin gained 8.36% in September, surpassing all previous performances for the month, according to data shared by Satoshi Club via Coinglass. Historically, September has seen Bitcoin average losses of around 3.68%. This year’s gain contrasts with declines in previous years, such as a 13.38% drop in 2019 and a 7.51% decrease in 2020. As October …
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Bithumb eyes Nasdaq IPO in 2025 with Samsung Securities as underwriter
Bithumb, South Korea’s second-largest crypto exchange, has announced plans to pursue a potential public listing in the United States at a Sept. 30 shareholders meeting, local media outlet Dnews reported. The exchange stated its intention to consider a Nasdaq listing in the second half of 2025. To support its initial public offering (IPO), Bithumb has …
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