CoinMarketCap Announcements

20 Sep 2024 14:43

Bitcoin Price Surges Amid Dollar Strength and Yen Weakness
https://coinmarketcap.com/academy/article/bitcoin-price-surges-amid-dollar-strength-and-yen-weakness

Bitcoin's price surged more than 6% this week, reaching a high of $63,800 following the U.S. Federal Reserve's decision to cut interest rates by 50 basis points.

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20 Sep 2024 08:38

SEC Wins as Court Dismissed Consensys Lawsuit at First Hearing
https://coinmarketcap.com/academy/article/sec-wins-as-court-dismissed-consensys-lawsuit-at-first-hearing

A Texas federal judge has dismissed a lawsuit filed by blockchain firm Consensys against the Securities and Exchange Commission, along with its commissioners including Chair Gary Gensler.

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20 Sep 2024 08:34

Sky DeFi Platform to Divest Wrapped Bitcoin Exposure Amid Ownership Concerns
https://coinmarketcap.com/academy/article/sky-defi-platform-to-divest-wrapped-bitcoin-exposure-amid-ownership-concerns

Sky, formerly known as Maker, is divesting its wrapped Bitcoin following a community governance vote that was finalized on September 19.

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20 Sep 2024 08:13

Fed Rate Cut Fuels Bitcoin Rally, Wipes Out Short Positions
https://coinmarketcap.com/academy/article/fed-rate-cut-fuels-bitcoin-rally-wipes-out-short-positions

Bitcoin (BTC)'s price surged following the announcement of an interest rate cut by the Federal Reserve.

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19 Sep 2024 15:28

Crypto Regulations Will Be Unaffected by U.S. Election, Binance Executive Says
https://coinmarketcap.com/academy/article/crypto-regulations-will-be-unaffected-by-us-election-binance-executive-says

MediaVishal Sacheendran, Binance's Head of Regional Markets, stated that the upcoming U.S. presidential election is unlikely to significantly influence global regulations surrounding crypto.

CoinMarketCap Announcements

19 Sep 2024 09:43

Ethereum Resilience Being Tested as DApp Activity Goes Down
https://coinmarketcap.com/academy/article/ethereum-resilience-being-tested-as-dapp-activity-goes-down

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, heads into a trying period with its decentralized application activities going down notably.

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19 Sep 2024 09:43

House Subcommittee Saw Heated Debate Over the SEC's Crypto Approach
https://coinmarketcap.com/academy/article/house-subcommittee-saw-heated-debate-over-the-secs-crypto-approach

In the hearing last week before the House subcommittee, Republican lawmakers blamed the SEC and its chair, Gary Gensler, for politicizing the regulation of digital assets.

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18 Sep 2024 16:19

JPMorgan Chase Revealed as Significant User of Blockchain Technology by Jamie Dimon
https://coinmarketcap.com/academy/article/jpmorgan-chase-revealed-as-significant-user-of-blockchain-technology-by-jamie-dimon

Jamie Dimon, the CEO of JPMorgan Chase, has acknowledged that the bank he helms is one of the largest users of blockchain technology.

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18 Sep 2024 15:43

TON Blockchain Attracts $30 Million Investment from Bitget and Foresight Ventures
https://coinmarketcap.com/academy/article/ton-blockchain-attracts-dollar30-million-investment-from-bitget-and-foresight-ventures

Crypto exchange Bitget and investment firm Foresight Ventures have announced a $30 million investment in The Open Network (TON) blockchain.

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18 Sep 2024 08:33

Bhutan Reveals Fourth-Largest Government Bitcoin Holdings Worth $750M
https://coinmarketcap.com/academy/article/bhutan-reveals-fourth-largest-government-bitcoin-holdings-worth-dollar750m

MediaRecent findings by blockchain analytics firm Arkham Intelligence showed that the Kingdom of Bhutan ranks fourth globally in terms of government holdings of Bitcoin.

CoinMarketCap Announcements

18 Sep 2024 08:33

MoviePass Partners with Sui Blockchain to Revolutionize Cinemas
https://coinmarketcap.com/academy/article/moviepass-partners-with-sui-blockchain-to-revolutionize-cinemas

MediaMoviePass announced a partnership with the Sui Foundation to integrate blockchain technology into the subscription service for cinemas.

CoinMarketCap Announcements

17 Sep 2024 14:48

SEC Faces Internal Criticism Over $750K Flyfish Club NFT Settlement
https://coinmarketcap.com/academy/article/sec-faces-internal-criticism-over-dollar750k-flyfish-club-nft-settlement

Two commissioners from the U.S. Securities and Exchange Commission (SEC) have publicly criticized the agency’s recent enforcement action against Flyfish Club.

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17 Sep 2024 14:34

Crypto Project Backed by Trump Debuts WLFI Token for Accredited Investors
https://coinmarketcap.com/academy/article/crypto-project-backed-by-trump-debuts-wlfi-token-for-accredited-investors

Donald Trump has officially launched World Liberty Financial, a new cryptocurrency initiative, during a live event on social media platform X.

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17 Sep 2024 10:08

Fantom's FTM Token Surges 32% Over the Past Month Amidst Sonic Upgrade
https://coinmarketcap.com/academy/article/fantoms-ftm-token-surges-32percent-over-the-past-month-amidst-sonic-upgrade

MediaFantom's native FTM token has been one of the best-performing assets amongst the large cap crypto assets over the past week, gaining over 6.6%.

CoinMarketCap Announcements

17 Sep 2024 10:08

Bitcoin Dips Below $58,000 as Crypto Market Braces for Fed Rate Cut Decision
https://coinmarketcap.com/academy/article/bitcoin-dips-below-dollar58000-as-crypto-market-braces-for-fed-rate-cut-decision

MediaBitcoin (BTC) has extended losses by 1.4% to trade at $57,800.

CoinMarketCap Announcements

20 Sep 2024 14:43

Telegram's Catizen Game Launches CATI Token Amid Community Airdrop
https://coinmarketcap.com/academy/article/telegrams-catizen-game-launches-cati-token-amid-community-airdrop

The CATI token for Telegram's tap-to-earn game, Catizen, has officially launched for trading on multiple centralized exchanges, including Binance, Bybit, and Bitget.

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20 Sep 2024 08:34

BingX Exchange Confirms "Minor Asset Loss" Following Suspicious Wallet Activity
https://coinmarketcap.com/academy/article/bingx-exchange-confirms-minor-asset-loss-following-suspicious-wallet-activity

Singapore-based virtual currency exchange, BingX, has confirmed a security breach leading to a "minor asset loss" after the company detected suspicious outflows from one of its hot wallets.

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20 Sep 2024 08:34

German Regulators Shut Down 47 Crypto Exchanges in a Wide Crackdown
https://coinmarketcap.com/academy/article/german-regulators-shut-down-47-crypto-exchanges-in-a-wide-crackdown

German regulators have shut down 47 cryptocurrency exchanges, accusing them of maintaining an "underground economy" for cybercriminals.

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19 Sep 2024 15:28

Louisiana Accepts First Crypto Payment via Bitcoin Lightning Network
https://coinmarketcap.com/academy/article/louisiana-accepts-first-crypto-payment-via-bitcoin-lightning-network

MediaLouisiana has officially accepted its first crypto payment, marking a significant step in the state's adoption of digital currencies for government services.

CoinMarketCap Announcements

19 Sep 2024 15:19

Telegram-Based Trading Bot Banana Gun Faces User Wallet Compromise
https://coinmarketcap.com/academy/article/telegram-based-trading-bot-banana-gun-faces-user-wallet-compromise

MediaThe Banana Gun team is currently looking into reports of compromised user wallets linked to its Telegram-based trading bot, resulting in substantial financial losses.

CoinMarketCap Announcements

19 Sep 2024 09:43

Former President Trump Used Bitcoin To Purchase Burgers at NYC Bar
https://coinmarketcap.com/academy/article/former-president-trump-used-bitcoin-to-purchase-burgers-at-nyc-bar

Republican Party presidential nominee Donald Trump has become the first former U.S. president to use Bitcoin in a public transaction.

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19 Sep 2024 09:43

Fed Cuts Rates for First Time in Four Years, Bitcoin Gains 2.8%
https://coinmarketcap.com/academy/article/fed-cuts-rates-for-first-time-in-four-years-bitcoin-gains-28percent

In a widely expected move, the Federal Reserve cut its benchmark interest rate 50 basis points on Wednesday, starting its easing cycle.

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18 Sep 2024 15:43

Arthur Hayes Warns of Possible Market Crash Amid Fed Rate Cuts
https://coinmarketcap.com/academy/article/arthur-hayes-warns-of-possible-market-crash-amid-fed-rate-cuts

Arthur Hayes, co-founder of BitMEX, recently shared his insights on potential impacts of U.S. Federal Reserve rate cuts during his keynote speech at Token2049 in Singapore.

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18 Sep 2024 08:38

Circle Expands USDC Access to Latin America through Local Payment Systems
https://coinmarketcap.com/academy/article/circle-expands-usdc-access-to-latin-america-through-local-payment-systems

MediaCircle announced new integrations with local payment systems in both Brazil and Mexico.

CoinMarketCap Announcements

18 Sep 2024 08:33

‘Kimchi Premium’ for Crypto Returns as South Korean Market Heats Up
https://coinmarketcap.com/academy/article/kimchi-premium-for-crypto-returns-as-south-korean-market-heats-up

MediaThe Kimchi Premium, a well-known dynamic of the crypto market in South Korea, has returned after several months.

CoinMarketCap Announcements

18 Sep 2024 08:23

Bitcoin Surges to $61,000 But Derivatives Markets Give Conflicting Signals
https://coinmarketcap.com/academy/article/bitcoin-surges-to-dollar61000-but-derivatives-markets-give-conflicting-signals

MediaBitcoin (BTC)'s price surged 6.4% in less than 12 hours on September 17, breaking through the $61,000 level for the first time in three weeks.

CoinMarketCap Announcements

17 Sep 2024 14:48

WalletConnect Launches Native Token on Optimism Mainnet, Plans 185M Token Airdrop
https://coinmarketcap.com/academy/article/walletconnect-launches-native-token-on-optimism-mainnet-plans-185m-token-airdrop

WalletConnect, a protocol that facilitates connections between crypto wallets and decentralized applications, is set to launch its native Connect Token (WCT) on Optimism’s OP Mainnet.

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17 Sep 2024 10:13

MicroStrategy Announces Third Debt Offering of 2024, Aims to Raise $700M To Buy BTC
https://coinmarketcap.com/academy/article/microstrategy-announces-third-debt-offering-of-2024-aims-to-raise-dollar700m-to-buy-btc

MicroStrategy announced the details of its third debt offering of 2024, underlying its commitment to Bitcoin.

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17 Sep 2024 10:08

Ethereum (ETH) Underperforms Against Bitcoin as ETHBTC Reaches 42-Month Low
https://coinmarketcap.com/academy/article/ethereum-eth-underperforms-against-bitcoin-as-ethbtc-reaches-42-month-low

MediaEthereum (ETH) is at a three-and-a-half-year low against Bitcoin, a level last seen in April 2021.

CoinMarketCap Announcements

17 Sep 2024 10:08

Crypto Critic Senator Warren Calls for 75 Basis Point Interest Rate Cut
https://coinmarketcap.com/academy/article/crypto-critic-senator-warren-calls-for-75-basis-point-interest-rate-cut

MediaSenator Elizabeth Warren is calling for a dramatic cut in interest rates, a move which could benefit not only traditional but crypto markets.