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Bitcoin dismisses on-point CPI print as daily BTC price losses pass 3%

September 11, 2024 by

BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021.

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Bitcoin price struggles as bears overtake bulls in futures markets

September 11, 2024 by

Bitcoin must hold above the $50,000 mark until the Sept. 18 Federal Reserve meeting to avoid more downside.

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Friend.tech team sold $52M in 6 months, faces rug pull allegations

September 11, 2024 by

The Friend.tech team said on Sept. 10 that they have no plans to discontinue their website application. 

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Major memecoins are down 63% on average despite market frenzy

September 11, 2024 by

The top 10 memecoins are struggling as safe-launch tokens capture significant market attention and investor funds.

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Chainlink dominance challenged by Pyth’s 46X growth in 2024

September 11, 2024 by

While Chainlink retains a strong lead, Pyth’s rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market.

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Bitcoin ETF security concerns mount after FBI warns of North Korean hackers

September 11, 2024 by

North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians. 

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ASI Alliance expands with fourth member pending community vote

September 11, 2024 by

Cudos joins the ASI Alliance pending a community vote, potentially enhancing its decentralized AI and cloud computing capabilities.

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Prediction market interest fuels launch of PancakeSwap Telegram bot

September 11, 2024 by

Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election.

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Bitcoin ETFs are the next major target for North Korean hackers: Cyvers

September 11, 2024 by

North Korean hackers could be eying the infrastructure around the Bitcoin ETFs, lured by the $52 billion worth of cumulative holdings.

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Attacker drains $1.4 million from CUT token pools via mysterious unverified contract

September 11, 2024 by

An account used an unreadable function to remove 1.4 million BSC-USD without needing to burn the equivalent LP tokens.

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Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis

September 11, 2024 by

The launch of the Bitcoin ETF in the US triggered an increase in the total value of Bitcoin activity across all regions worldwide, according to Chainalysis.

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India tops global crypto use despite offshore exchange ban

September 11, 2024 by

India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received.

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Brazilian bank suspends native crypto token trading following 97% price drop

September 11, 2024 by

Nubank suspends trading of its native token, offering users the option to convert holdings to Bitcoin or USDC by Dec. 9.

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UAE regulators to allow Dubai-licensed VASPs to service entire country

September 11, 2024 by

The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training. 

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OpenAI to release ‘Strawberry’ reasoning for ChatGPT in coming weeks: Report

September 11, 2024 by

OpenAI is set to introduce “Strawberry,” a new reasoning-focused AI model that enhances the AI’s ability to “think” before responding. Strawberry is expected to be released in the coming weeks.

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Bitcoin net flows hit $750M, highest outflow since May

September 11, 2024 by

Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence.

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Bitcoin drops on Trump Harris debate with BTC price down 2.2% pre-CPI

September 11, 2024 by

Bitcoin bulls are caught between a disappointing US Presidential debate and classic pre-CPI BTC price pressure.

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Indonesian crypto exchange Indodax goes offline after suspected $22M hack

September 11, 2024 by

The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin, Ether, Tron, Polygon, and Optimism. Indodax has temporarily suspended operations.

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Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate

September 11, 2024 by

Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again.

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Bitcoin shorters ‘likely to get burned’ if CPI prints as expected

September 11, 2024 by

An analyst warns that a lower CPI could squeeze Bitcoin short sellers, while a higher-than-expected CPI might lead to a Bitcoin sell-off.

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Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO

September 11, 2024 by

Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated.

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Atomic Wallet wins dismissal of class suit over $100M hack

September 11, 2024 by

A US judge found a Colorado court lacked jurisdiction over the Estonian-based Atomic Wallet, its CEO and a sister software development firm.

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US lawmakers divided in first Congressional hearing on DeFi

September 11, 2024 by

Pro-crypto Representatives noted the need for a freer financial system, while more skeptical lawmakers blamed DeFi for crime, scams and tax evasion.

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Bitcoin miner solves block alone, grabs $180,000 reward

September 11, 2024 by

A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain.

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Harris-Trump debate: Trump’s odds to clinch election fall 3% on Polymarket

September 11, 2024 by

Kamala Harris and Donald Trump made no mention of digital assets during their first-ever debate as Trump’s odds of victory plunged on betting markets.

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Altcoin market resilience signals ‘potential regime change’ — Analysts

September 11, 2024 by

Crypto investors might be shifting their mindset and may not always turn to Bitcoin as a haven during market uncertainty, Bitfinex analysts suggest.

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Japan’s Metaplanet up 6% as Bitcoin stack nears 400 BTC

September 11, 2024 by

Metaplanet’s stock has jumped 480% since it unveiled its Bitcoin strategy in April, but the firm is down 13% on its investment.

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Prediction markets are the killer blockchain app we've been waiting for

September 10, 2024 by

As markets continue to evolve and integrate with Web3 — from DeFi to gaming — we’re likely to see an explosion of creativity.

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Digital Chamber calls for Congress to address SEC actions against NFTs

September 10, 2024 by

The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs.

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Crypto exchange volumes reflect Bitcoin traders’ ‘reduced trading appetite’ — Glassnode 

September 10, 2024 by

Glassnode data highlights a “notable decline in trade activity over the last quarter,” but traders are hopeful that Q4 will bring a sharp trend reversal. 

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