137999
Get the latest updates from Guy straight to your Telegram 📲 Includes: - Guy's trades 📈 - Portfolio updates ⚖️ - announcement of video's in the pipeline and coin's on our watchlist 👀 - guy.eth
🔔 MARKET MOVING NEWS! (22/09/24)
1️⃣ Travala Expands Booking Support To Solana-Based Assets, Offers SOL Travel Rewards ⚡️
Blockchain-based travel bookings platform Travala has reportedly added support for the Solana network on its platform. This is Travala’s third supported network besides Ethereum and BNB Chain. Travala CEO Juan Otero made the announcement during a panel discussion at Solana Breakpoint event in Singapore on Saturday.
The integration will allow users to book flights, hotels, and accommodations with Solana-based assets, including SOL, USDT, and USDC. Otero also stated that users will be able to receive up to 10% of their bookings' value back in SOL travel rewards through its loyalty program, alongside BTC and Travala’s native token, AVA.
Source
2️⃣ VanEck Analysts Believe Kamala Harris Presidency Might Be Better for Bitcoin 🔍
In a report published this week, VanEck's head of digital assets research Matthew Sigel and its digital asset investment analyst Nathan Frankovitz argued that a Kamala Harris presidency might be even better for Bitcoin than a second term for Trump. Specifically, they stated that a Harris presidency would accelerate Bitcoin adoption by continuing the current economic policies that would weaken the U.S. dollar.
The analysts wrote,
[W]e think that while Kamala Harris and Donald Trump are bullish for Bitcoin each presents more nuanced implications for the broader digital asset markets. Both administrations will likely maintain fiscal spending if not further accelerate, which could lead to further quantitative easing — especially if exacerbated by anti-business policies.
Singapore-based crypto exchange BingX has announced that withdrawal services on the platform will resume on Sept. 21, 2024, for certain digital assets. Specifically, withdrawals for USDT, USDC, BTC, ETH, TRX, and SOL will resume first followed by withdrawal services for other tokens and digital assets over the next two weeks. The exchange notified customers that withdrawal requests submitted before the disruption of withdrawal services have been cancelled and must be resubmitted. Vivien Lin, the chief product officer at BingX, reassured customers that all potential losses could be covered by the exchange's "sufficient reserves." Lin also told users that $10 million in stolen funds have already been frozen. The exchange is reportedly working with SlowMist, Chainalysis, and other onchain security firms to investigate the incident and recover funds.
Source
🔥 Rally Report 🔥
APTOS
The price of APT has rallied by 7% in the past 24 hours.
WHY?!
▶️ The Aptos Foundation announced its partnership with the Ignition AI Accelerator to further blockchain integration into the rapidly growing artificial intelligence sector. The Ignition AI Accelerator is backed by notable industry giants, including Nvidia, Tribe, and Digital Industry Singapore (DISG).
☄️ The Aptos Foundation will provide Ignition with resources and support for AI startups incubated by the program and assist them through global market connections. Investors see the partnership as a significant anchor for the layer-1 chain within the AI industry.
If you want to buy or trade APT, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🔥 Rally Report 🔥
APTOS
The price of APT has rallied by 12% in the past 24 hours.
WHY?!
💰 Foresight Ventures has announced a multimillion-dollar strategic investment in Aptos.
🧐 The Aptos team also hosted an exclusive event called ‘Aptos Day’ at today's Token2049 conference in Singapore. This also likely contributed to the pump since investors anticipated upcoming updates to be announced at the event.
If you want to buy or trade APT, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨 New Video Alert!! 🚨
Is the four year cycle dead?
Months after the Bitcoin halving, BTC is not budging. This is the first cycle ever where more than 125 days after the halving, the price of BTC is actually down, not up. Aren’t we supposed to be on the moon by now?!
According to a new analysis, the 4 year cycle may be cooked. And not only that - it may have been dead for much longer than you think. Today, we find out if there is anything to this claim, and what it means for the crypto market.
This is a video you don’t want to miss.
🔔 MARKET MOVING NEWS! (19/09/24)
1️⃣ Fed Cuts Interest Rates by 50 Basis Points 🕯
Yesterday, the U.S. Federal Reserve announced it was lowering its benchmark fed funds rate by 50 basis points to 4.75%-5%. Notably, this marks the Fed’s first rate cut in four years following its most aggressive hiking cycle. Such rate cuts are typically interpreted as bullish for risk assets like BTC and stocks since they stimulate the economy by making it cheaper to borrow capital. The Fed stated that the move comes after it gained greater confidence that inflation was moving sustainably toward 2 percent. Fed members expect median benchmark rates to come down to 4.4% by year-end, reflecting additional rate cuts totalling 50 bps in the next two Federal Open Market Committee (FOMC) meetings.
Source
2️⃣ Donald Trump Makes His First Bitcoin Purchase On A Burger At Pubkey Bar In New York City 💸
Last night, Republican presidential candidate Donald Trump used Bitcoin to purchase hamburgers at PubKey Bar - a New York City bar and restaurant famous for accepting Bitcoin. Trump reportedly made the stop at PubKey Bar before Wednesday night's campaign rally at the Nassau Coliseum in Long Island, New York. Trump claims this is his first purchase using Bitcoin. This comes less than two days after the Republican nominee announced the launch of a token through ‘World Liberty Financial’, a crypto platform run by members of his family.
Source
3️⃣ Former Coinbase Execs Debut Stablecoin Exchange and PayPal USD Settlement Network ☄️
Former Coinbase executives Vishal Gupta and Patrick McCreary have announced the launch of True Market, a stablecoin-native and non-custodial crypto trading platform. The platform will reportedly use PayPal's PYUSD as the preferred stablecoin for settlements. TrueX, the company behind True Market, completed a $9 million seed funding from investors including Solana Foundation, Aptos, Paxos, and others. TrueX will be available in the United States, however only institutional investors will have access to it.
Source
4️⃣ Ethena Domain Registrar Hacked, Ethena Labs Warns Users To Stay Away ❌
Ethena Labs, the company behind the decentralised synthetic dollar protocol, has temporarily deactivated its frontend website after its domain registrar account was compromised yesterday. Ethena Labs has cautioned users not to interact with any site or application claiming to be Ethena. It also reassured users that the Ethena protocol was not affected by the exploit and that all customer funds remained safe.
Source
5️⃣ SEC Charges Defi Platform Rari Capital With Misleading Investors And Unregistered Broker Activity ‼️
The U.S. Securities and Exchange Commission (SEC) has reportedly reached an agreement to settle previously unannounced charges against DeFi platform Rari Capital. The announcement states the SEC found that Rari Capital and its co-founders misled investors and were not registered properly as brokers.
Specifically, the SEC claims that Rari Capital’s managed Earn pools, which were marketed as lending pools that would "automatically and autonomously rebalance" depositor’s crypto, were done manually instead and that the firm sometimes failed to do so. The SEC also claimed that Rari offered unregistered broker services through the Fuse platform.
Source
6️⃣ Fintech Giant Revolut Said to Be Planning Stablecoin ❓
According to a CoinDesk report, London-based fintech company Revolut is planning to issue its own stablecoin. The report, citing internal sources, claims the company is quite far along in creating the stablecoin. If true, this makes Revolut the most recent entrant to the stablecoin space, following the footsteps of PayPal, Ripple and BitGo.
Source
7️⃣ Solana Unveils New Seeker Device, Says It’s Not Just A ‘Memecoin Phone’ 📱
They accused the SEC of "putting its thumb on the scale" by creating a hostile regulatory environment. They claim its assertions about airdrops in various cases and increasing warnings for additional enforcement actions have precluded American citizens from “fully realising the benefits of blockchain technology" and shaping the internet's next iteration. The letter asked Gensler a set of questions, including how the agency plans to distinguish airdrops from airline miles or credit card points. They said they want a response from Gensler by Sept. 30.
Source
6️⃣ WalletConnect Set To Airdrop 185 Million WCT With Native Token Launch 💰
Web3 communications protocol WalletConnect (rebranded to Reown) is reportedly set to launch its native Connect Token (WCT) on Optimism's Mainnet. The launch of the WCT token reportedly marks a significant milestone in the WalletConnect Network's decentralisation roadmap. Token holders will reportedly dictate the economic and governance structure of the network in the future. The token will be airdropped to users with registration for the WCT airdrop opening on September 24. The airdrop eligibility structure is based on the use of the WalletConnect Network.
Source
🔥 Rally Report 🔥
NERVOS NETWORK
The price of CKB has rallied by 14% in the past 24 hours.
WHY?!
📈 Part of an extended rally that began when South Korea's largest exchange Upbit listed spot trading pairs for CKB last week. South Korean traders appear to be trading the asset heavily, with the price of CKB trading at a premium on Upbit compared to global crypto exchanges.
🕯 Almost 65% of CKB’s trading volume today came from Upbit. The exchange saw more than $400 million in volume traded for CKB over the past 24 hours.
If you want to buy or trade CKB, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨 New Video Alert!! 🚨
Crypto is the future of finance, specifically DeFi. It seems that people only remember this when DeFi cryptos are rallying. Thankfully, they have been, and AAVE has been leading the pack.
Aave is the second largest DeFi protocol by total value locked, and for good reason. It makes it possible to borrow and lend crypto peer to peer without KYC or a credit score, with free market interest rates!
Big investors are starting to notice how many fees its been accumulating and are starting to load up on AAVE. As you’ll see though, this scratches the surface of what’s going on, and what comes next.
This is a video you can’t miss!
🔔 MARKET MOVING NEWS! (17/09/24)
1️⃣ Michael Saylor's MicroStrategy Plans Another $700M Convertible Note Issuance 💰
Business intelligence firm MicroStrategy announced its third debt offering of 2024, aiming to raise $700 million by issuing convertible senior notes due in 2028. The company plans to use the proceeds of the offering to pay off part of its existing debt. Specifically, it plans to redeem $500 million worth of senior secured notes with 6.125% annual yield maturing in 2028. It will use the rest of the proceeds to purchase more BTC and for general corporate uses.
Source
2️⃣ Donald Trump Launches World Liberty Financial, Team Unveils Token Details 🎙
Republican presidential candidate Donald Trump officially launched his cryptocurrency project, World Liberty Financial, on Monday night. In a live interview with Rug Radio, the team behind World Liberty Financial unveiled additional details about the project. They confirmed the project will offer borrowing and lending services for cryptocurrencies on the Ethereum blockchain network. They also claimed the project would be more “user friendly” and accessible than existing, highly technical alternatives. The team also revealed details about WLFI – the project’s non-transferable governance token.
The distribution of WLFI will be as follows: 63% will be sold to the public, 17% for user rewards, and 20% for team compensation. For now, the team has stated that the token will be sold only to accredited investors under a Regulation D exemption from the Securities and Exchange Commission (SEC). A portion of the net proceeds from the token sale will reportedly go to the project’s multi-signature wallet treasury reserve. The remainder will be paid to the project’s founders, team, and service providers.
Source
3️⃣ BitGo Launches Regulated Custody Platform For Native Protocol Tokens ‼️
Cryptocurrency custody firm BitGo has reportedly launched a regulated platform designed to custody and manage native tokens for Web3 protocols. Specifically, the custody platform enables crypto-native organisations such as foundations and protocols to programmatically manage native tokens for distribution to investors, employees, grant recipients and other stakeholders. Protocols such as Worldcoin, LayerZero, Sui and ZetaChain are reportedly among the first customers of the service.
Source
4️⃣ Cathedra Bitcoin Cools Off Mining To Tap MicroStrategy Playbook ❓
Canadian Bitcoin miner Cathedra Bitcoin is reportedly pivoting away from Bitcoin mining to providing general data centre services and buying Bitcoin on the open market instead. Cathedra explained that its new plan will see “all capital allocation decisions” now geared toward maximising the firm’s Bitcoin reserves on a per share basis. It claimed that this was the “most important” metric for many of its largest shareholders. Cathedra said mining Bitcoin had not provided enough shareholder value on a Bitcoin basis. Nine of the 10 largest Bitcoin miners by market cap now hold less Bitcoin per share than they did three years ago. On the other hand, other listed companies that have adopted an explicit policy of increasing bitcoin per share, notably MicroStrategy, have been rewarded by equity markets.
Source
5️⃣ CZ Set to Be Released From Prison on September 29 ⚡️
According to the U.S. Bureau of Prisons website, Binance founder Changpeng “CZ” Zhao will be released from custody on September 29, after serving a four-month sentence for violating the Bank Secrecy Act. The case relates to an admission that Zhao failed to set up an adequate know-your-customer (KYC) program at Binance. As part of his sentence, Zhao also agreed to pay a $50 million fine and resign as CEO of Binance, which is now led by Richard Teng.
Source
6️⃣ Bhutan Has Twice As Much BTC As El Salvador: Arkham 💸
https://www.youtube.com/live/XNOPSQ7yXhM?si=-NUopWIAEUiyBRrx
Читать полностью…
Decentralised public network Hedera announced that it has become a founding premier member of the Linux Foundation’s newly launched decentralised trust initiative. Hedera has reportedly contributed its entire source code, including its hashgraph consensus algorithm and all core services, tools and libraries, to the Linux Foundation. These contributions go towards a new project “Hiero,” which aims to allow developers to collaborate on decentralised trust technologies globally under an open-source and inclusive framework.
Source
🔔 MARKET MOVING NEWS! (15/09/24)
1️⃣ USDC Issuer Circle Announces HQ Move To New York Ahead Of IPO 💰
Stablecoin issuer Circle is reportedly moving its global headquarters to New York City. Specifically, the firm is moving into “one of the top floors of 1 World Trade Center.” Jeremy Allaire, the co-founder and CEO of Circle announced the move in a Sept. 13 X post. The move comes ahead of the firm’s planned Initial Public Offering (IPO).
Source
2️⃣ US Spot Bitcoin ETFs Log Highest Daily Inflows In Nearly Two Months As BTC Challenges $60,000 💸
On Friday, U.S. spot bitcoin exchange-traded funds saw their best single-day inflows since July 22. They logged a daily total net inflow of $263.1 million, the most for a single day since July 22's massive inflow of $485.9 million. The total inflow for last week was $403.8 million, rebounding from two weeks of net negative inflows. The rise in inflows comes despite BlackRock's IBIT, currently the largest such fund by assets under management (AUM), logging no significant inflows or outflows. Instead, Friday's inflows were led by Fidelity's FBTC with $102.1 million worth of inflows and Ark & 21Shares' ARKB with $99.3 million worth of inflows. Bitwise's BITB logged the third-biggest inflow with $43.1 million.
Source
3️⃣ Stablecoin Issuers Freeze $5 Million Worth Of Stablecoins Tied To Lazarus Group By ZachXBT ‼️
Stablecoin issuers Paxos, Tether, Techteryx, and Circle have reportedly frozen nearly $5 million in stablecoins in two wallet addresses tied to the infamous North Korean state-sponsored Lazarus hacking group. The freeze comes as a result of an investigation by blockchain sleuth ZachXBT. The on-chain sleuth stated the initial investigation was aided by employees from Metamask, Binance, TRM Labs, and Five I's LLC. ZachXBT also chided Circle for taking longer than the other issuers to freeze the tokens, a total of 4.5 months.
Source
4️⃣ China Targets New Money-Laundering Risks, Including Cryptocurrency 🔍
Chinese lawmakers are reportedly reviewing a draft amendment to the country’s Anti-Money Laundering Law. The amendment seeks to enhance capabilities to “monitor” and analyze money laundering risks through emerging financial technologies — including cryptocurrencies. Notably, China does not recognise virtual currencies as legal tender and strictly prohibits their circulation in the market.
Legislative Affairs Commission spokesperson Wang Xiang announced the revisions last week. The revision refines the definition of ‘anti-money laundering’, with seven types of predicate offences listed. The newly proposed legal provisions also call on the central bank and financial regulators to collaborate on guidelines to manage the risks posed by perceived money laundering threats from nascent technologies.
Source
🔥 Rally Report 🔥
PENDLE
The price of PENDLE has rallied by 20% in the past 24 hours.
WHY?!
🕯 The rally appears to be led by speculative trading activity from South Korean traders. South Korean crypto exchange Upbit accounts for most of PENDLE’s trading volume today.
🧐 Interestingly, the rally follows a recent tweet by Arthur Hayes announcing Malestrom Fund’s recent reduction of its PENDLE position. This sell-off from Hayes comes just days after a bull post predicting a price target of $10 for PENDLE. The rally could be a sign that investors see this as a bottom signal for the asset. Technical analysis also shows that PENDLE is breaking out of a down-trend, signalling a potential trend reversal or bullish breakout.
If you want to buy or trade PENDLE, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🔔 MARKET MOVING NEWS! (21/09/24)
1️⃣ MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B 💸
According to a recent SEC filing, the business intelligence firm MicroStrategy acquired an additional 7,0420 BTC between Sept. 13 and 19. The coins were acquired for approximately $458.2 million at an average price of $61,750 per BTC. This brings the company’s total holdings to 252,220 BTC (worth roughly $16 billion). It also brings the average price paid per BTC to $39,266.
The latest acquisition was made using the proceeds of its debt offering. The company reportedly increased its convertible note issuance that concluded Thursday to $1.01 billion from the $700 million principal offering announced earlier this week. The filings also show that the company's bitcoin yield increased to 5.1% for this quarter, up from 4.4% on September 13.
Source
2️⃣ India's Supreme Court YouTube Channel Hacked to Shill XRP Crypto Scam ‼️
Hackers reportedly compromised the official YouTube channel of India’s Supreme Court on Friday to shill XRP, the seventh biggest cryptocurrency by market cap. Following the news of the hack, the Supreme Court announced that the YouTube channel had been taken down as a result. Screenshots of the hack circulated on X (formerly Twitter) showed Ripple CEO Brad Garlinghouse alongside a caption claiming “Ripple will hit $2 in this month.”
Source
3️⃣ Early Version of Long-Awaited Firedancer Solana Validator Is on Mainnet 🔥
Web3 infrastructure developer Jump Crypto has announced the launch of “Frankendancer” on the Solana mainnet. Frankendancer is a prototype of the full Firedancer validator, which is still under development and undergoing further testing on Solana’s testnet. Jump Crypto’s Chief Science Officer Kevin Bowers made the announcement during his keynote speech at the Solana Breakpoint event in Singapore. The Firedancer project is designed to address Solana's scaling challenges.
Source
4️⃣ Iggy Azalea Unveils New Online Casino ‘Motherland’ 😎
Australian rapper Iggy Azalea has announced the launch of a new online crypto casino called Motherland. Azalea unveiled the project yesterday alongside business partner Joe McCann and manager Reece Pearson at her Motherland Rodeo event at Breakpoint in Singapore. The Motherland casino, powered by her MOTHER memecoin, is expected to go live in November. According to the announcement, Motherland will offer a variety of casino games, including slots, blackjack, roulette, and poker. Players will be able to also partake in live dealer games, tournaments, sports betting, and other community-based gambling activities.
Source
5️⃣ SEC Greenlights Listing And Trading Options For Blackrock's Spot Bitcoin ETF 🔼
The U.S. Securities and Exchange Commission (SEC) has reportedly approved BlackRock's proposal to list and trade options for its spot bitcoin exchange-traded fund, the iShares Bitcoin Trust (IBIT). The SEC notice stated that Nasdaq ISE, LLC would be listing and trading those options. It also stated that the options on IBIT will be “physically settled with American-style exercise.” Bloomberg's senior ETF analyst Eric Balchunas said he expected others to be “approved in short order."
Source
6️⃣ BingX Confirms The Resumption Of Withdrawal Services Following Hack ❓
🔔 MARKET MOVING NEWS! (20/09/24)
1️⃣ Crypto Exchange BingX Hacked, Onchain Data Shows Over $43M Drained ❌
Singapore-based crypto exchange BingX has reportedly suffered a security exploit involving one of its hot wallets. BingX chief product officer Vivien Lien confirmed the hack and stated that it resulted in a “minor asset loss.” On-chain data suggests nearly $43 million was stolen from the exchange in multiple tranches, with $13.25 million ether, $2.3 million BNB, and $4.4 million USDT, among others being drained. Lien reassured users by claiming the incident will not affect its ongoing business operations.
Source
2️⃣ Two Suspects Charged In $230 Million Cryptocurrency Theft ▶️
Federal prosecutors have formally charged two suspected crypto fraudsters, Malone Lam (20) and Jeandiel Serrano (21) with the theft of over $230 million worth of cryptocurrencies. The arrest comes after blockchain sleuth ZachXBT posted a long thread on Thursday detailing what he calls “one of my best investigations of all time.”
In his “incident summary” thread, ZachXBT alleges that three perpetrators stole $243 million from a single unnamed individual said to be a creditor of bankrupt lending firm Genesis in a complicated social engineering attack on Aug. 19, 2024. While the Fed has formally charged two of the three alleged perpetrators - Greavys (Malone Iam) and Box (Jeandiel Serrano), the third perpetrator Wiz (Veer Chetal) was not a named party in the FBI's investigation. The FBI alleges the perpetrators used the funds on “international travel, nightclubs, luxury automobiles, watches, jewellery, designer handbags, and rental homes.”
Source
3️⃣ Court Approves Terraform Labs Winding Down In Bankruptcy Hearing ‼️
Judge Brendan Shannon of the US Bankruptcy Court for the District of Delaware has reportedly approved Terraform Labs winding down its operations as part of its bankruptcy plan in the United States. Judge Shannon reportedly called the plan a “welcome alternative” to further litigation to address investor losses. The firm's wind down comes a few months after Terraform closed the case brought by the U.S. Securities and Exchange Commission.
Source
4️⃣ Consensys Lawsuit Against SEC Over Ethereum Gets Tossed Out ❓
A U.S. district judge has reportedly dismissed the lawsuit brought by Ethereum software giant Consensys against the U.S. Securities and Exchange Commission (SEC). The judge wrote that the firm's claims were ultimately "moot" because the agency's alleged actions were not "final.
For context, Consensys filed a pre-emptive suit against the SEC in April after receiving a Wells notice over its popular Ethereum wallet, MetaMask.The suit requested the court declare that ETH is not a security, and that “Consensys’s sales of ETH are not sales of securities.” It also asked the court to block the SEC from bringing enforcement action over aspects of its MetaMask wallet software, which it eventually did in June.
Source
5️⃣ DeFi Lending Protocol Sky To Drop Wrapped Bitcoin After Governance Vote 💸
DeFi lender Sky (formerly Maker) is reportedly moving forward with the plan to offload wrapped Bitcoin (wBTC) collateral from the platform following a vote that closed on Thursday. The proposal saw overwhelming support with 88.17% of votes in favour, 11.83% abstaining from voting and no votes against it. However, only 13 MKR whales participated in the vote. Sky will now move forward with the offboarding of wBTC, with the first phase starting on Oct. 3 and the final phase ending on Nov. 28. According to a proposal earlier in September, alternative forms of collateral being considered as replacements for wBTC include Coinbase’s cbBTC and Threshold’s tBTC.
Source
Solana Mobile, a subsidiary of blockchain developer Solana Labs, has just revealed its newest, shiniest smartphone, the “Solana Seeker.” The announcement was made at the TOKEN2049 conference in Singapore earlier today. Previously dubbed “Chapter Two,” the new Solana Seeker phone is half the cost of its predecessor, the Solana Saga. Solana Mobile claims presales for the new phone have now surpassed 140,000 units across 57 countries. The Seeker is estimated to ship in mid-2025.
Commenting on the potential for the new phone, Emmett Hollyer, General Manager at Solana Labs stated,
Seeker, just like Saga, will be a rewards magnet, but also, it’s a huge opportunity for teams to build totally new experiences. It’s not the memecoin phone. It’s going to enable all of the great use cases on the network, whether that is memecoins or DeFi or payments or games.
🔥 Rally Report 🔥
CELESTIA
The price of TIA has rallied by 21% in the past 24 hours.
WHY?!
🎙 Celestia announced today that the Lemongrass upgrade has been completed. Notably, this is Celestia’s first upgrade on the mainnet.
☄️ It introduces 1-click interactions over IBC, interchain accounts, and a mechanism which simplifies future upgrades, among other improvements. The anticipation for the upgrade has seen the price of TIA rally by almost 50% in the past seven days.
If you want to buy or trade TIA, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨 New Video Alert!! 🚨
Crypto is at a crossroads.
The spot ETFs have brought TradFi billions into crypto, but Wall Street is divided.
BlackRock and Franklin Templeton want to send bitcoin to Valhalla and launch stuff on Ethereum. But JP Morgan and HSBC would rather see crypto collapse so they can promote their private enterprise blockchains on our grave.
Which faction will prevail, and where could they take crypto? Tune in to find out!
🔔 MARKET MOVING NEWS! (18/09/24)
1️⃣ Binance Denies Responsibility in WazirX Hack, Says It Never Acquired the Company ❓
In a blog post published earlier today, global crypto exchange Binance reiterated its claim that it does not own, control or operate Indian crypto exchange WazirX in any way and accused Nischal Shetty (a director of WazirX’s parent company) of making “misleading statements” to the contrary on Tuesday.
Specifically, Shetty submitted sworn affidavits to the Singapore High Court as part of an application for a moratorium to prevent creditors from taking collective action against the company. In these affidavits, Shetty made claims regarding Binance's relationship with WazirX, which Binance disputes. For context, the exchange recently suffered a hack which resulted in the loss of user funds valued at approximately $235 million. Binance claims that WazirX’s ownership dispute is “a disappointing deflection tactic” that seeks to shift responsibility.
Source
2️⃣ Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System ▶️
Stablecoin issuer Circle has reportedly connected its USDC stablecoin with payment systems in Brazil and Mexico for corporate customers through integrations with leading banks. The move allows the direct conversion of Brazilian Reas and Mexican Pesos into USDC, omitting the need to convert the fiat currencies into USD.
In a press release published yesterday, Circle stated,
Circle now supports local bank transfers via PIX and SPEI, the national real-time payment systems in Brazil and Mexico, respectively. Eliminating international wires can drastically reduce the time it takes to access USDC – from days to just minutes, releasing capital trapped in the lengthy settlement processes.
According to the on-chain analytics platform Arkham Intelligence, the South Asian country of Bhutan holds more BTC than El Salvador. Arkham Intelligence claimed that it is the first to publicly identify Bhutan’s Bitcoin holdings, pointing to a group of addresses holding 13,029 BTC (around $758 million). It claimed that these holdings come from Bitcoin mining operations carried out by the Kingdom of Bhutan’s investment arm, Druk Holdings (DHI). Arkham’s data also reveals that DHI holds 656 ETH (worth $1.5 million), along with a small amount of BNB and Polygon.
Source
🔥 Rally Report 🔥
FANTOM
The price of FTM has rallied by 10% in the past 24 hours.
WHY?!
📈 The rally is likely driven by bullishness for its upcoming Sonic upgrade.
⚡️ The upgrade, which is scheduled for November or December 2024, is expected to significantly enhance the network’s performance. Specifically, the Sonic blockchain will be able to process over 10,000 transactions per second (TPS) with a finality time of roughly one second. This will be a substantial improvement from the current 30 TPS of the Fantom blockchain.
If you want to buy or trade FTM, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨 Livestream Alert!! 🚨
It’s time for another weekly crypto review!
Today we cover:
- Market-Moving Macro
- Risk ON vs Risk OFF
- Debate Feeding Frenzy
- Donald Doing DeFi
- That’s a Wrap
- Top Gainers in Crypto
Join us LIVE!
🔔 MARKET MOVING NEWS! (16/09/24)
1️⃣ Bitcoin Slips to $58K as Fed Faces Split Rate Cut Expectations 🔽
The price of BTC fell to $58K earlier today amidst uncertainty surrounding the Federal Reserve's impending interest rate move on Sept. 18. Notably, traders are split on the size of the impending rate cut, with some predicting the Fed will reduce rates by 25 basis points (bps) and others expecting a bigger 50 bps rate cut.
Explaining the implications of the Fed’s decision, Marc Chandler, the chief market strategist at Bannockburn Global Forex stated,
Rarely has the market gone into the Fed meeting with maximum uncertainty (halfway between 25bps and 50 bps). I suspect a 50 bps cut would not be good for risk assets on ideas that the Fed is more concerned about the economy and would seem to be acknowledging that it should have cut in July.
This collaboration marks a significant milestone for Circle’s mission to accelerate the adoption of our stablecoins and blockchain technology and empower creators to flourish through secure, user-friendly Web3 experiences.
Rank 6,054 out of 36 million players but got only 39 CATI. How can someone call this fair distribution? We need transparency about the token allocation.
🚨 New Video Alert!! 🚨
Our governments have been telling us that foreign powers are the biggest threats to our freedoms, when in reality, our own governments are an even bigger threat, specifically our central banks.
That’s because almost every central bank has been rushing to roll out CBDCs. This will give them (and the government by extension) the power to police every person and every transaction 24/7.
That’s why today we bring you up to speed on CBDC development around the world, and discuss the possibility that we’re going to end up with dystopian digital payments regardless of what we do.
Enjoy!
🔥 Rally Report 🔥
NERVOS NETWORK
The price of CKB has rallied by 25% in the past 24 hours.
WHY?!
📈 The rally comes after South Korea's largest exchange Upbit listed spot trading pairs for CKB paired with KRW, BTC, and USDT on Friday.
🕯 More than 50% of CKB’s trading volume today came from Upbit. The exchange saw more than $250 million in volume traded for CKB over the past 24 hours.
If you want to buy or trade CKB, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/