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Bitcoin rebounds past $61,000 amid Fed rate cut speculation
Bitcoin surged almost 6% to above $61,000 before losing momentum as anticipation builds ahead of the Federal Reserve’s key interest rate decision on Sept. 18. This marks the end of […]
Bitcoin ETF inflows plummet from $263.2 million to $12.8 million
On Sept. 16, Bitcoin ETFs saw net positive flow of $12.8 million. This is a significant drop from the $263.2 million net inflow observed on Friday, Sept. 13. Such a […]
Tether’s USDT hits 75% market share amid record exchange balances
Tether’s USDT stablecoin now controls more than 75% of the stablecoin market, marking a substantial increase from 55% in 2022, according to data released on Sept. 16. The growth reflects […]
MicroStrategy to issues another $700 million in senior notes to continue Bitcoin acquisitions
MicroStrategy Incorporated announced plans to privately offer $700 million worth of convertible senior notes due 2028, subject to market conditions, according to a Sept. 16 press release. The company also […]
Potential for Bitcoin volatility caused by rate cuts is quite high — Bitfinex
Bitcoin (BTC) faces potential price volatility this week as the Federal Reserve (Fed) is likely to cut the US interest rate by at least 25 basis points (bps), according to […]
Binance co-founder Changpeng Zhao to be released from US custody on Sept. 29
Changpeng Zhao, co-founder of Binance, is set to be released from US custody on Sept. 29, according to the US Federal Bureau of Prisons website. Zhao is currently serving a […]
TRON DAO partners with Tether to freeze $12M USDT in anti-crime push
TRON DAO, the decentralized organization behind the TRON blockchain, announced that the newly formed T3 Financial Crime Unit (T3 FCU) task force has already frozen over $12 million in USDT […]
Industry leaders a16z, OpenSea pledge $6 million to shield NFT artists from legal threats
The Stand With Crypto Alliance, a Coinbase-backed non-profit organization, is leading efforts to establish the Creator Defense Fund initiative that has raised $6 million from venture capital firm Andreessen Horowitz […]
Crypto custody is a growing market that could flourish if Trump wins
Hackers and fraudsters are attracted to crypto like flies to honey. This makes crypto custody a high-stakes business, as opposed to custodying traditional assets like stocks and bonds, which is […]
Circle CEO claims US is on the path to becoming the “decisive leader” in crypto
The U.S. is at a “turning point” in crypto, and about to become “THE decisive leader” in nurturing the technology, Jeremy Allaire, CEO of stablecoin issuer Circle, wrote in an […]