Crypto Investment Rebound: $321 Million Flows In As Fed Cuts Rates
https://coinmarketcap.com/academy/article/crypto-investment-rebound-dollar321-million-flows-in-as-fed-cuts-rates
Global investment products in the crypto sector experienced a significant rebound, attracting $321 million in net inflows for the second consecutive week.
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What Happened in Crypto Today: Bitcoin To Hit 85K by Year End
https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-bitcoin-to-hit-85k-by-year-end
From Harris talking about crypto to analysts predicting Bitcoin to hit 85K by December, here is a 4-minute breakdown of everything important that happened in crypto today.
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VanEck: Harris Presidency Could Turn Out Better for Bitcoin
https://coinmarketcap.com/academy/article/vaneck-harris-presidency-could-turn-out-better-for-bitcoin
MediaAnalysts at VanEck have gone through a surprise flip by indicating that Kamala Harris's presidency could turn out to be better for Bitcoin (BTC) than a second term from Donald Trump.
Coinbase Clears Up cbBTC Refund Policy Amid User Concerns
https://coinmarketcap.com/academy/article/coinbase-clears-up-cbbtc-refund-policy-amid-user-concerns
MediaCoinbase Chief Legal Officer Paul Grewal has come forward to clear the air on the company's refund policy.
Hackers Hijack Supreme Court of India's YouTube Channel for Crypto Scam
https://coinmarketcap.com/academy/article/hackers-hijack-supreme-court-of-indias-youtube-channel-for-crypto-scam
The official YouTube channel of the Supreme Court of India has been hijacked by crypto scammers promoting Ripple (XRP) investments.
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Telegram's Catizen Game Launches CATI Token Amid Community Airdrop
https://coinmarketcap.com/academy/article/telegrams-catizen-game-launches-cati-token-amid-community-airdrop
The CATI token for Telegram's tap-to-earn game, Catizen, has officially launched for trading on multiple centralized exchanges, including Binance, Bybit, and Bitget.
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BingX Exchange Confirms "Minor Asset Loss" Following Suspicious Wallet Activity
https://coinmarketcap.com/academy/article/bingx-exchange-confirms-minor-asset-loss-following-suspicious-wallet-activity
Singapore-based virtual currency exchange, BingX, has confirmed a security breach leading to a "minor asset loss" after the company detected suspicious outflows from one of its hot wallets.
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German Regulators Shut Down 47 Crypto Exchanges in a Wide Crackdown
https://coinmarketcap.com/academy/article/german-regulators-shut-down-47-crypto-exchanges-in-a-wide-crackdown
German regulators have shut down 47 cryptocurrency exchanges, accusing them of maintaining an "underground economy" for cybercriminals.
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Louisiana Accepts First Crypto Payment via Bitcoin Lightning Network
https://coinmarketcap.com/academy/article/louisiana-accepts-first-crypto-payment-via-bitcoin-lightning-network
MediaLouisiana has officially accepted its first crypto payment, marking a significant step in the state's adoption of digital currencies for government services.
Telegram-Based Trading Bot Banana Gun Faces User Wallet Compromise
https://coinmarketcap.com/academy/article/telegram-based-trading-bot-banana-gun-faces-user-wallet-compromise
MediaThe Banana Gun team is currently looking into reports of compromised user wallets linked to its Telegram-based trading bot, resulting in substantial financial losses.
Former President Trump Used Bitcoin To Purchase Burgers at NYC Bar
https://coinmarketcap.com/academy/article/former-president-trump-used-bitcoin-to-purchase-burgers-at-nyc-bar
Republican Party presidential nominee Donald Trump has become the first former U.S. president to use Bitcoin in a public transaction.
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Fed Cuts Rates for First Time in Four Years, Bitcoin Gains 2.8%
https://coinmarketcap.com/academy/article/fed-cuts-rates-for-first-time-in-four-years-bitcoin-gains-28percent
In a widely expected move, the Federal Reserve cut its benchmark interest rate 50 basis points on Wednesday, starting its easing cycle.
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Arthur Hayes Warns of Possible Market Crash Amid Fed Rate Cuts
https://coinmarketcap.com/academy/article/arthur-hayes-warns-of-possible-market-crash-amid-fed-rate-cuts
Arthur Hayes, co-founder of BitMEX, recently shared his insights on potential impacts of U.S. Federal Reserve rate cuts during his keynote speech at Token2049 in Singapore.
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Circle Expands USDC Access to Latin America through Local Payment Systems
https://coinmarketcap.com/academy/article/circle-expands-usdc-access-to-latin-america-through-local-payment-systems
MediaCircle announced new integrations with local payment systems in both Brazil and Mexico.
‘Kimchi Premium’ for Crypto Returns as South Korean Market Heats Up
https://coinmarketcap.com/academy/article/kimchi-premium-for-crypto-returns-as-south-korean-market-heats-up
MediaThe Kimchi Premium, a well-known dynamic of the crypto market in South Korea, has returned after several months.
Australia Moves to License Crypto Firms Under Corporations Law
https://coinmarketcap.com/academy/article/australia-moves-to-license-crypto-firms-under-corporations-law
The Australian Securities and Investments Commission (ASIC) is planning to extend licensing requirements to a broader range of crypto firms, not limited to exchanges.
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Elon Musk and Nayib Bukele Talk AI and Bitcoin at Tesla HQ
https://coinmarketcap.com/academy/article/elon-musk-and-nayib-bukele-talk-ai-and-bitcoin-at-tesla-hq
MediaIn a meeting that brought together two of the most talked-about figures in technology and politics, Salvadoran President Nayib Bukele visited Tesla's headquarters in Austin.
Bitcoin Set for "Explosive Move" as Analysts Target $85,000
https://coinmarketcap.com/academy/article/bitcoin-set-for-explosive-move-as-analysts-target-dollar85000
MediaCrypto experts are predicting that the price of Bitcoin (BTC) could explode in the latter stages of 2024.
Vice President Harris Signals Support for AI and Digital Assets in Presidential Campaign
https://coinmarketcap.com/academy/article/vice-president-harris-signals-support-for-ai-and-digital-assets-in-presidential-campaign
MediaVice President Kamala Harris has finally made her first public statement on AI and digital assets since she became the frontrunner for the presidency among Democrats.
Bitcoin Price Surges Amid Dollar Strength and Yen Weakness
https://coinmarketcap.com/academy/article/bitcoin-price-surges-amid-dollar-strength-and-yen-weakness
Bitcoin's price surged more than 6% this week, reaching a high of $63,800 following the U.S. Federal Reserve's decision to cut interest rates by 50 basis points.
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SEC Wins as Court Dismissed Consensys Lawsuit at First Hearing
https://coinmarketcap.com/academy/article/sec-wins-as-court-dismissed-consensys-lawsuit-at-first-hearing
A Texas federal judge has dismissed a lawsuit filed by blockchain firm Consensys against the Securities and Exchange Commission, along with its commissioners including Chair Gary Gensler.
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Sky DeFi Platform to Divest Wrapped Bitcoin Exposure Amid Ownership Concerns
https://coinmarketcap.com/academy/article/sky-defi-platform-to-divest-wrapped-bitcoin-exposure-amid-ownership-concerns
Sky, formerly known as Maker, is divesting its wrapped Bitcoin following a community governance vote that was finalized on September 19.
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Fed Rate Cut Fuels Bitcoin Rally, Wipes Out Short Positions
https://coinmarketcap.com/academy/article/fed-rate-cut-fuels-bitcoin-rally-wipes-out-short-positions
Bitcoin (BTC)'s price surged following the announcement of an interest rate cut by the Federal Reserve.
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Crypto Regulations Will Be Unaffected by U.S. Election, Binance Executive Says
https://coinmarketcap.com/academy/article/crypto-regulations-will-be-unaffected-by-us-election-binance-executive-says
MediaVishal Sacheendran, Binance's Head of Regional Markets, stated that the upcoming U.S. presidential election is unlikely to significantly influence global regulations surrounding crypto.
Ethereum Resilience Being Tested as DApp Activity Goes Down
https://coinmarketcap.com/academy/article/ethereum-resilience-being-tested-as-dapp-activity-goes-down
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, heads into a trying period with its decentralized application activities going down notably.
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House Subcommittee Saw Heated Debate Over the SEC's Crypto Approach
https://coinmarketcap.com/academy/article/house-subcommittee-saw-heated-debate-over-the-secs-crypto-approach
In the hearing last week before the House subcommittee, Republican lawmakers blamed the SEC and its chair, Gary Gensler, for politicizing the regulation of digital assets.
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JPMorgan Chase Revealed as Significant User of Blockchain Technology by Jamie Dimon
https://coinmarketcap.com/academy/article/jpmorgan-chase-revealed-as-significant-user-of-blockchain-technology-by-jamie-dimon
Jamie Dimon, the CEO of JPMorgan Chase, has acknowledged that the bank he helms is one of the largest users of blockchain technology.
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TON Blockchain Attracts $30 Million Investment from Bitget and Foresight Ventures
https://coinmarketcap.com/academy/article/ton-blockchain-attracts-dollar30-million-investment-from-bitget-and-foresight-ventures
Crypto exchange Bitget and investment firm Foresight Ventures have announced a $30 million investment in The Open Network (TON) blockchain.
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Bhutan Reveals Fourth-Largest Government Bitcoin Holdings Worth $750M
https://coinmarketcap.com/academy/article/bhutan-reveals-fourth-largest-government-bitcoin-holdings-worth-dollar750m
MediaRecent findings by blockchain analytics firm Arkham Intelligence showed that the Kingdom of Bhutan ranks fourth globally in terms of government holdings of Bitcoin.
MoviePass Partners with Sui Blockchain to Revolutionize Cinemas
https://coinmarketcap.com/academy/article/moviepass-partners-with-sui-blockchain-to-revolutionize-cinemas
MediaMoviePass announced a partnership with the Sui Foundation to integrate blockchain technology into the subscription service for cinemas.