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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

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Cryptoy ₿

Opinion: Potential Directions and Goals for Blockchain Development in the Next Five Years
- Stablecoins in Global Economic Activities
- On-chain tokenization of more existing assets
- Enhancing privacy protection Read more — link : Wu Blockchain News

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Cryptoy ₿

JUST IN: 🇺🇸 Gary Gensler in the hot seat on CNBC for refusing to give his view on #Bitcoin as a strategic reserve asset 🤡 : Bitcoin

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Onyx Protocol's oVUSD lending market has been exploited for $3.2 million - 𝕏/@DecurityHQ : Leviathan News

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Bitcoin mining company Hut 8 announced the launch of its GPU-as-a-Service business, and will work with Hewlett Packard Enterprise to build a cluster of 1,000 NVIDIA H100 GPUs in a Tier 3 data center in Chicago, and has begun serving AI cloud developers. — link : Wu Blockchain News

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Cryptoy ₿

The U.S. announced the final annualized quarterly rate of real GDP in the Q2 of 3%, which was expected to be 3% and the previous value was 3.00%. The final annualized quarterly rate of the core PCE price index in the Q2 of the U.S. was 2.8%, which was expected to be 2.8% and the previous value was 2.80%. The number of initial jobless claims in the U.S. for the week ending September 21 was 218,000, the lowest since May 18. : Wu Blockchain News

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Bitdeer Technologies Group announced today that its latest bitcoin mining chip, SEAL02, has completed testing. In cooperation with TSMC, the SEAL02 chip has demonstrated an energy efficiency ratio of 13.5J/TH. The SEAL02 chip will be integrated into Bitdeer's upcoming SEALMINER A2 mining machine, which is expected to be put into mass production by the end of 2024. — link : Wu Blockchain News

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Hamster Kombat token goes live for trading with airdrop to 131 million user accounts — link | tl;dr : unfolded. DeFi

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Ethena Labs announced Ethena new product offering: UStb. UStb will be collateralized by BlackRock and Securitize BUIDL and will function identically to a traditional stablecoin. Ethena can close hedging positions and re-allocate those backing assets to UStb to further ameliorate risk associated with negative funding rate environments. — link : Wu Blockchain News

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Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund — link | tl;dr : unfolded.

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THE BLOCK: Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund

https://www.theblock.co/post/318297/ethena-ustb-stablecoin-blackrock-buidl-securitize : Tree News

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Arthur Hayes wrote a review of his 8 short-term market forecasts based on the macro market since November 2023, with 2 correct and 6 wrong predictions. But he said he is still making money, as long as his investment portfolio can rise through the continuous issuance of fiat currency, it doesn't matter if the prediction is wrong. — link : Wu Blockchain News

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South Korea fines Worldcoin and Tools For Humanity for data privacy violations — link | tl;dr : unfolded. DeFi

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Bitcoin spot ETF had a total net inflow of $106m on September 25, continuing its net inflow for 5 consecutive days. BlackRock ETF IBIT had an inflow of $184m. The total net inflow of Ethereum spot ETF was $43.2341m. Grayscale ETF ETH inflow was $26.6288m. — link : Wu Blockchain News

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Greekslive: Quarterly delivery is coming up this Friday and IVs are down significantly in all major terms. This is a relatively small quarterly delivery, with BTC's options position at 33% of total holdings this quarter and ETH's options position at 38% of total holdings this quarter. There have been a large number of Block put option deals recently, and the odds are that they are moving positions. Next quarter covers the US election, which is currently highly uncertain, but overall implied volatility levels are low, having been below current levels for just under 30% of the time in almost a year. — link : Wu Blockchain News

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Bitdeer (NASDAQ: BTDR), a cryptocurrency mining company, has concluded its online auction for 2,880 used Antminer S19 from its Norway mining datacenter, offering a total hash rate of 269.86P. The auction attracted more than 10 users to participate, and following 22rounds of bidding, the auction concluded with the final bid settling at $302,000. Similar activities will be launched in the future. Sponsored by Bitdeer : Wu Blockchain News

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JUST IN: $65,000 Bitcoin : Watcher Guru

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LlamaRisk finds GHO users to be wealthy contributors to the DeFi ecosystem - 𝕏/@LlamaRisk : Leviathan News

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JUST IN: 🇺🇸 SEC Chair Gary Gensler says Bitcoin is not a security. : Watcher Guru

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NEW: 🟠 BlackRock spot Bitcoin ETF had $184 million inflows yesterday 🔥 : Bitcoin

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Telegram tap-to-earn game Hamster Kombat goes live with $900m market cap 🐹 - 𝕏/@traders_insight : Leviathan News

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Guggenheim Partners tokenizes $20M of commercial paper on Ethereum with Zeconomy, citing strong demand for digital assets. - Coindesk : Leviathan News

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It's been 1051 days since the global crypto market cap peaked on November 15, 2021.

The longest-ever crypto market cap drawdown lasted for 1,106 days from Dec 15, 2013, to Dec 25, while past cycles drawdown lasted for 1096 days from Jan 7, 2018, to Jan 7, 2021 — link : unfolded.

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Cryptoy ₿

Wall Street titan Guggenheim tokenizes $20M of commercial paper on Ethereum — link | tl;dr : unfolded. DeFi

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Cryptoy ₿

Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund : infinityhedge

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Cryptoy ₿

Altcoin liquidity is more concentrated on offshore exchanges. Their share of the total altcoin depth has increased to 69% from 55% in early 2022. The trend has been driven by large and mid-cap altcoins — link : unfolded. DeFi

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Cryptoy ₿

The creditor who received the most ETH in the Genesis Trading liquidation compensation in August sold 12,100 ETH (about $31.43 million) in the last 3 days. On August 2, it received 114,502 ETH (about $358.19 million) in liquidation compensation from Genesis Trading, making it the creditor who received the most ETH, according to @EmberCN. — link : Wu Blockchain News

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Cryptoy ₿

The TON official said that the TON blockchain will face a large-scale load test starting at 10:00 (UTC) on September 26. The Hamster Kombat will mint tokens on the blockchain and has more than 100 million monthly active users. Previously, the issuance of DOGS caused the TON blockchain to be down for a long time. — link : Wu Blockchain News

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Cryptoy ₿

The community generally criticized the Celestia Foundation's OTC coin sales, said that they faked the coin sales a few months ago as good news for financing, causing retail investors and the community to buy, while VCs and teams were selling. The community stated that the foundation or team should disclose the valuation and attribution of similar behaviors in a timely manner and accurately disclose that this is an OTC transaction rather than financing. — link : Wu Blockchain News

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Cryptoy ₿

BlackRock (IBIT) Daily BTC Flows: +184.2m: BBG : Tree News

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Cryptoy ₿

JUST IN: 🟠 PayPal now enables business accounts to buy, hold and sell #Bitcoin and crypto 👀 : Bitcoin

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