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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 ₿

Coinbase launches Wrapped BTC (cbBTC) on Ethereum and Base — link

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Cryptoy ₿

Next week the Fed rate cut expectations are gradually converging, and currently from the interest rate trading data provided by the CME, the probability of next week's rate cut of 25 bps is 87%, and the probability of a rate cut of 50 bps is only 13%. Meanwhile, options data shows a significant decline in IVs across all major terms, with market volatility expectations falling short. — link

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A new article by Swift: Streamlining the global movement of digital assets and currencies - swift.com

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Ethereum L1 protocol revenue from Layer 2s is almost zero since the Dencun upgrade — link

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Vitalik: Starting next year, I plan to only publicly mention L2s that are stage 1+. Multiple ZK-rollup teams have told me they're on track to be stage 1 by year end. Stage 1 (75% threshold on council to override the proof system, 26%+ of council must be outside the rollup team) is a very reasonable moderate milestone. — link

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FTX/Alameda associated wallet H4y...gFZ redeemed 177,693 SOL (US$23.75 million) from Solana PoS staking today, and may transfer SOL to CEX in the future. H4y...gFZ address currently still has up to 7.057 million SOL (US$943 million) in staking. Most of the SOL held by FTX may have been sold through OTC. — link

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WSJ reporter Nick Timiraos said that the August inflation data paves the way for the Federal Reserve to gradually cut interest rates next week, but a large 50 bps cut is not expected. While the easing of inflation provides a respite for burdened households, the labor market is also cooling, with hiring and wage growth slowing and the average time of unemployment rising. — link

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Every transaction hash by Ethereum user bigbrainchad.eth begins with 0xbeef... What a 🦾 - 𝕏/@bertcmiller

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ICYMI: 🟠 18,000 Bitcoin have been withdrawn from exchanges yesterday. 🚀

That’s over a month’s supply!

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OpenAI Said To Discuss Raising Funds At $150 Billion Valuation - Bloomberg

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EXCLUSIVE: ZKsync developer Matter Labs poaches Solana Foundation's former VP of marketing - The Block

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JUST IN: 🇬🇧 UK Parliament introduces bill to recognize #Bitcoin as personal property❗️

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Coinbase teases cbBTC logo a month after initial reveal, increasing speculation of imminent launch: X

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JUST IN: 🇬🇧 UK introduces bill to officially and legally recognize cryptocurrency as personal property.

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UK Government introduces bill to recognise crypto as personal property, give owners greater legal protection: Coindesk

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Coinbase Launches Wrapped Bitcoin (cbBTC) on Ethereum and Base: Blog

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Singapore's Parliament passed an amendment to the Casino Control Act on September 10, which includes a ban on the use of cryptocurrencies in casinos, mainly for the purpose of preventing money laundering and other related criminal activities. — link

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Vitalik posting he will only publicly mention L2s that are following through on decentralization - x/@VitalikButerin

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According to Forbes, Flowcarbon, a startup co-founded by former WeWork CEO Adam Neumann, is returning investor funds because Goddess Nature Token was not issued. Flowcarbon announced in May 2022 that it had completed a $70 million financing, of which at least $38 million came from token sales. a16z and Samsung NEXT participated. — link

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On September 11, the total net outflow of Bitcoin spot ETFs was 43.9656 million US dollars. ARKB outflow was 54.03 million US dollars, Grayscale ETF GBTC outflow was 4.5935 million US dollars, and Fidelity ETF FBTC inflow was 12.5737 million US dollars. — link

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The British government introduced a bill in Parliament on Wednesday to clarify the legal status of digital assets (including Bitcoin and other cryptocurrencies and NFTs) and treat them as personal property. Once passed, the bill will create a third category of personal property. — link

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NEW: 🟠 JAN3's CEO explains how Bitcoin is massively undervalued and why Bitcoin will hit $1 MILLION❗️

“There is just so little bitcoin out there, you can’t double your holdings as a large entity at this point, so it’s going to shoot up.” 🚀

- Samson Mow

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DATA: 🟠 Bitwise chart shows Bitcoin historically pumps in price after being down in September 📈

Bullish.

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The incredible story of how someone bought an Ape Punk for 10 ETH - x/@niftynaut

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JUST IN: 🇺🇸 MARA CEO says "#Bitcoin is a national security concern for this country."❗️

"The US must maintain dominance." 👀

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JUST IN: $58,000 Bitcoin

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Cryptoy ₿

Coinbase teases cbBTC logo a month after initial reveal — link

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A new bill introduced to Parliament in the UK would classify cryptocurrencies as "personal property", clarifying their status in disputes. - Protos

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Cryptoy ₿

lol

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