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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon
Female-led Drift raises $25 million to expand Solana exchange and become 'Robinhood of crypto' — link | tl;dr
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Llama Risk proposes to limit new WBTC loans on Aave, ACI dissents.
Adjusting WBTC parameters to address BitGo transition risks: we recommend reducing WBTC LTV to 0 and lowering supply and borrow caps on Aave markets to mitigate risks, while ensuring stability for current users. - governance.aave
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Preorders for Solana’s unreleased phone have soared to $70M, driven by new markets, with more than half of the demand coming from Asia-Pacific regions. - DL News
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Solana Saga crypto phone successor emerges from stealth as 'Seeker,' surpassing 140,000 presales — link | tl;dr
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President Trump signing a “Make Bitcoin Great Again” hat!
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Bitcoin Magazine published an article severely criticizing Unisat’s recently launched Bitcoin sidechain/L2 Fractal Bitcoin. The article pointed out that its large-scale pre-mine, 50% of the supply divided into ecology, pre-sale, consultants, etc., and its variant of merged mining are incentive mechanisms that are harmful to Bitcoin. — link
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According to Arkham, MicroStrategy made a large amount of changes between 1:12 and 1:59 UTC+8 today, transferring a total of 4,922.697 BTC to three unmarked new addresses: bc1qtr…w3rad7, bc1qfy…umtjgl and bc1qmk…0ecgzt, worth about $294 million. — link
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The US SEC announced a settlement with DeFi lending protocol Rari Capital and its co-founders. The SEC accused them of misleading investors and engaging in unregistered brokerage activities. Rari's co-founders agreed to pay a fine and were banned from serving as executives and directors for five years. — link
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BREAKING: 🇺🇸 Louisiana state government now accepts #Bitcoin as payment❗️
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BREAKING: 🇺🇸 Donald Trump pays for food at a bar using #Bitcoin ⚡️
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SEC says Rari engaged in transactions involving certain crypto assets offered and sold as securities, including MATIC, LINK, FTM, UST, and RGT: Filing
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POWELL: 'NO, WE'RE NOT' DECLARING VICTORY ON INFLATION
POWELL: FED WANTS TO SEE INFLATION CLOSE TO 2% FOR SOME TIME
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Powell says that 50bps rate cuts should not be seen as the norm going forward, also says labor market bears close watching: FOMC
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Fed’s Powell: If Economy Remains Solid, We Can Dial Back Pace Of Cuts; Equally If Labor Market Deteriorates We Can Respond
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Binance CEO reports a 40% growth in institutional and corporate investors joining the platform this year, highlighting increasing interest from firms conducting due diligence on crypto investments. - CNBC
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South Korea's largest crypto exchange Upbit will launch MEW Bitcoin and USDT markets. Cat-in-a-Dogs World (MEW) is a meme coin launched on the Solana network in March 2024. — link
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Bitcoin spot ETF had a total net outflow of $52.827 million on September 18, the first net outflow after the net inflow in the past 4 days. Grayscale ETF GBTC had an outflow of $8.1347 million. — link
Ethereum spot ETF had a total net outflow of $9.738 million yesterday, Grayscale ETF ETHE had a net outflow of $14.6629 million, and BlackRock ETF ETHA had an inflow of $4.9249 million. — link
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Greekslive:The boots on the ground of the rate cut drove cryptocurrencies higher across the board, while at the same time U.S. stocks underperformed. There will be another interest rate meeting on 8 November and 19 December this year, and the market expects a cumulative 100 bps rate cut, and the next one will be overlaid on the US election, when market volatility is likely to be very high. — link
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BREAKING: 🟠 MicroStrategy increased its raise to $875 million to buy more #Bitcoin and redeem outstanding Notes 🙌
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According to Bloomberg, Trump treated his supporters to burgers at a Bitcoin-themed bar in New York on Wednesday and paid with Bitcoin. Bitcoin enthusiasts and Trump supporters at the scene gave him a warm applause. — link
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Exploding pager and walkie-talkie attacks in Lebanon have sparked concerns about the integrity of the crypto hardware wallet supply chain. - Protos
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JUST IN: 🇺🇸 Louisiana state government officially accepts Bitcoin & crypto as a valid form of payment.
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The SEC charges Rari Capital and its founders of deceiving investors and functioning as unregistered brokers. - sec.gov
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SEC charges DeFi platform Rari Capital and its founders with misleading investors and acting as unregistered brokers — sec
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SEC Charges DeFi Platform Rari Capital and its Founders With Misleading Investors and Acting as Unregistered Brokers: SEC
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POWELL: OWN SENSE IS WE'RE NOT GOING BACK TO LOW NEUTRAL RATE
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POWELL: NO ONE SHOULD LOOK AT 50BP CUT AND SAY THIS IS NEW PACE
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The Federal Reserve announced an interest rate decision with an upper limit of 5%, compared to the expected 5.25%, and the previous rate of 5.50%.
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