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Money & Crypto News

Bitcoin falls to hit $60,000🕯

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Mark Moss explains why he thinks the next market CRASH will be inflationary with Natalie Brunell 📉

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👨‍⚖️ FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations 💸

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🗣 $270B Asset Manager Ric Edelman explains how Bitcoin can hit $420,000 with just 1% of global wealth being allocated into 🪙 BTC

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🪙 Simon Gerovich, CEO of Metaplanet, reported a steady increase in the company's Bitcoin holdings per share since adopting the Bitcoin standard, highlighting the firm's commitment to boosting long-term shareholder value 📈

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🇸🇬 DBS will offer OTC 🪙 Bitcoin and crypto options trading to institutional clients in Q4 2024, a first for major Asian banks 🏦

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🗞 September 17, 2024 cryptocurrency news highlights

【Cryptocurrency】
Matrixport: Bitcoin unexpectedly strengthened in September, and investors are optimistic about its potential in October💵

Economy
Arkham now supports monitoring Bhutan government’s 🪙 Bitcoin holding ➕

Indicators
👀Bhutan mined $780 million in Bitcoin using renewable 🌱hydropower, becoming the world's 4th-largest government Bitcoin holder. ⚡️

Ethereum and Solana both rose more than 200% on FIGHT within an hour🔼

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The team behind the planned NYC private club, settled with the SEC for $750k for allegedly promising NFT buyers profit expectations.🥺

TON Foundation and Curve Finance are partnering to launch a TON-based stable swap project, enhancing stablecoin trading with Curve’s technology. 👨‍💻

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Maelstrom, the family office of Arthur Hayes, announces its first grant to Bitcoin Core developer Rkrux

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Matrixport: Bitcoin unexpectedly strengthened in September, and investors are optimistic about its potential in October💵

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Ethereum and Solana both rose more than 200% on FIGHT within an hour🔼

💥FIGHT on Ethereum rose by more than 270% in 1 hour, reaching a high of $0.02164, and is now at $0.01418, with a current market value of $13.7 million;

💥FIGHT on Solana rose by more than 250% in 1 hour, reaching a high of $0.00087, and is now at $0.0005187, with a current market value of $510,000.

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NEW: 🇳🇴 A Norwegian town experiences a nearly 25% spike in electricity rates for residents after the municipality shuts down a local Bitcoin mine 👀

“We want industry that creates value - so no one thinks we want a new data centre.”

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The team behind the planned NYC private club, settled with the SEC for $750k for allegedly promising NFT buyers profit expectations.🥺

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👀Bhutan mined $780 million in Bitcoin using renewable 🌱hydropower, becoming the world's 4th-largest government Bitcoin holder. ⚡️

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JPMorgan analyst expects demand for Bitcoin to increase over the next 10 years 🐂

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🗞 September 16, 2024 cryptocurrency news highlights

【Cryptocurrency】
Binance will list Neiro (NEIRO), Turbo (TURBO) and Baby Doge Coin (100000BABYDOGE) and apply seed tags

Bybit has secured a provisional license from Dubai’s Virtual Asset Regulatory Authority (VARA), which allows the exchange to serve both retail and institutional crypto investors in Dubai.

Economy
Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes, only fraud-related amounts in bank accounts can be frozen 👨🏻‍⚖️

Deutsche Bank: The Fed's rate cut this week will foreshadow the overall rate cut in 2024

Indicators
If Bitcoin falls below $56,000, the cumulative long order liquidation intensity of mainstream CEX will reach 487 million 🔽

More
The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 48%

Trump's suspected assassination attempt is all sorted out: Bitcoin rose first and then fell, and there was no obvious reaction in the financial market 📊

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Samson Mow’s thesis for $1 million Bitcoin 🔥

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🇸🇻 El Salvador's bonds surged, becoming the top performer among emerging markets, after the president announced a zero deficit in his financial independence speech.🥶

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Lavrov: BRICS platforms alternative to dollar, euro attract increasing number of states 👀

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Human Rights Foundation Awards 10 Bitcoin to 20 Global Projects 🫴

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Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped 📈

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CryptoQuant: The number of CEX 🪙 Bitcoin deposit addresses has dropped 📉 to the lowest level in recent years, which may indicate that the selling pressure has eased

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TON Foundation and Curve Finance are partnering to launch a TON-based stable swap project, enhancing stablecoin trading with Curve’s technology. 👨‍💻

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The Royal Government of Bhutan's investment arm, Druk Holdings, holds 13k BTC worth over $750m, making it the fourth largest government with Bitcoin holdings.

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SEC proposes stricter scrutiny of Binance’s coin listing process in proposed amended complaint

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Yesterday, the U.S. Bitcoin spot ETF had a net inflow of $12.79 million and the U.S. Ethereum spot ETF had a net outflow of $9.44 million🕯

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Grayscale GBTC had a net outflow of $20.8 million⚡️

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MSTR shares now have 17% more Bitcoin per share than they had at the end of 2023 🔥

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“Finally hit 1.5 BTC at 22 years old.”😁

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Arkham now supports monitoring Bhutan government’s 🪙 Bitcoin holding

According to Arkham data, The Kingdom of Bhutan now owns 13,011 Bitcoin worth $780 Million 💻

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🇸🇻 El Salvador President pledges not to aquire external debt to finance the budget of the country❗️

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