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Money & Crypto News

🚀 Grayscale is launching the first U.S. XRP trust, giving accredited investors direct exposure to XRP

The trust could potentially convert into one with SEC approval.

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Trading platform eToro agreed to pay $1.5m to settle charges with the SEC for operating as an unregistered broker, an unregistered clearing agency, and for facilitating trading in certain crypto assets as securities.

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Singapore bans cryptocurrencies in casinos to curb illegal money laundering

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"Buy high, sell low" BTC lost more than 40 million US dollars. The giant whale withdrew 800 BTC from Binance yesterday.

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Vitalik responded to yesterday's ETH sale, stating it was initiated by a funding project, and the final time-weighted order has been triggered.👨‍⚖️

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“We’ve beat every other company in the S&P index using the Bitcoin strategy.” 🔥

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18,000 🪙 Bitcoin have been withdrawn from exchanges yesterday 👛

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Sept 11 Update: 10 Bitcoin ETFs had a net inflow of $44.32 million, and 9 Ethereum ETFs had a net outflow of $3.72 million 📊

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UPDATE: Caroline Ellison's Lawyers Request Time Served and 3 Years Supervision Before Sentencing

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🇬🇧 UK Parliament introduces bill to recognize Bitcoin as personal property⚠️

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🗞 September 11, 2024 cryptocurrency news highlights

【Cryptocurrency】
India continues to lead the world in cryptocurrency adoption, according to Chainalysis.

Economy
Deutsche Bank predicts the Federal Reserve will cut interest rates six times in the year to September next year, which may trigger market volatility

Standard Chartered Bank launched crypto custody services in the UAE after receiving its digital asset custody license from the Dubai Financial Services Authority (DIFC).📣

Indicators
CryptoQuant: The number of short-term Bitcoin holders continues to decline, and long-term holders tend to accumulate💸

Bitwise shows graph on how 🪙 Bitcoin is the best-performing asset 🔝

Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst 📈

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Binance Labs has invested in Telegram trading mini-app Blum

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India continues to lead the world in cryptocurrency adoption, according to Chainalysis.

Despite a ban on offshore exchanges like Binance and Kraken, Indian users have maintained high crypto activity, accounting for 40% of the usage on those platforms as of April 2024.

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Deutsche Bank predicts the Federal Reserve will cut interest rates six times in the year to September next year, which may trigger market volatility

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Binance Labs has invested in Telegram trading mini-app Blum

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The two whales have accumulated 20.58 million WIF from Binance and Bybit in the past two weeks, equivalent to about 33.35 million US dollars

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🗞 September 12, 2024 cryptocurrency news highlights

【Cryptocurrency】
Singapore bans cryptocurrencies in casinos to curb illegal money laundering

Economy
Chainalysis reports Singapore's stablecoin payments reached nearly $1 billion in Q2, doubling from Q1, with merchant outlets leading transactions.

🇬🇧UK Parliament proposes a bill to classify Bitcoin and digital assets as personal property, offering legal protection for holders

Indicators
CryptoQuant analyst: The reduction of Bitcoin reserves in CEX and the increase of stablecoin reserves lay the foundation for an upward breakthrough🔍

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

More
Standard Chartered Bank: The impact of the US election is limited, and Bitcoin may hit a record high by the end of the year

Exploring the Future of Payments: Bitcoin Transactions in the Caribbean - by Joe Nakamoto 🪙

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Standard Chartered Bank: The impact of the US election is limited, and Bitcoin may hit a record high by the end of the year

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CryptoQuant analyst: The reduction of Bitcoin reserves in CEX and the increase of stablecoin reserves lay the foundation for an upward breakthrough🔍

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Chainalysis reports Singapore's stablecoin payments reached nearly $1 billion in Q2, doubling from Q1, with merchant outlets leading transactions.

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Alameda marked address transferred 143,800 WLD to Binance in the past 8 hours😜

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

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🇬🇧UK Parliament proposes a bill to classify Bitcoin and digital assets as personal property, offering legal protection for holders 🛡

➡️ Read More

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MARA CEO: "🪙Bitcoin is a national security concern for this country."

"The US must maintain dominance."❗️

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Exploring the Future of Payments: Bitcoin Transactions in the Caribbean - by Joe Nakamoto 🪙

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A Solana ecosystem trader bought AURA at a position cost of $80,000, and the price rose to $1.22 million. It has now fallen back to $91,000.🆕

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⚡️ Bitcoin mining difficulty hit a NEW ALL-TIME HIGH 🚀

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CryptoQuant: The number of short-term Bitcoin holders continues to decline, and long-term holders tend to accumulate💸

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After the US election debate, Trump-related stocks and cryptocurrency concept stocks fell before the market opened

After the US election debate, Trump Media Technology Group (DJT.O) fell 13% before the market opened. Blockchain concept stocks fell across the board, MicroStrategy (MSTR.N), Riot Platforms (RIOT.O) fell about 3%, and Coinbase (COIN.O) fell 2%. (Jinshi)

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Standard Chartered Bank launched crypto custody services in the UAE after receiving its digital asset custody license from the Dubai Financial Services Authority (DIFC).📣

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Yesterday, the U.S. Ethereum spot ETF had a net inflow of $11.4 million and the U.S. Bitcoin spot ETF had a net inflow of $116.97 million📈

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