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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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HISTORY: 🟠 In 2009 Hal Finney predicted $10M per Bitcoin 🔥

He divided the world's wealth by 20 million (assuming satoshi's coins would never move).

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Caroline Ellison's Attorney Seeks to Protect Supporters' Privacy Ahead of Sentencing 📁🛡

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

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“Gold can’t achieve transaction finality without the help of a government or central party.”🤤

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🗞 September 10, 2024 cryptocurrency news highlights

【Cryptocurrency】
Harris releases list of proposed policy positions, no mention of cryptocurrencies 🚫📂

a16z Crypto Accelerator Launches This Week, Announces List of 21 Participating Projects 🆕

Economy
🇺🇸 Careers In Government partners with the Proof of Workforce Foundation to integrate Bitcoin into public sector jobs 👀

Indicators
A solo miner just mined a block claiming 3.169 Bitcoin worth $181,143 🙌

Bitcoin contract positions across the entire network rose by 3.16% and are now at $29.688 billion.

🪙 Bitcoin briefly broke through $58,000 this morning, up 4.27% in 24 hours 📈

More
Tether, TRON, and TRM Labs have launched the T3 Financial Crime Unit (T3 FCU) to combat illegal activities on the TRON blockchain.

Australia's Monochrome Bitcoin ETF (IBTC) partners with Hoseki to introduce daily proof-of-reserves, becoming the first in the country to do so! 🇦🇺

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A solo miner just mined a block claiming 3.169 Bitcoin worth $181,143 🙌

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10x Research: Cryptocurrency market short-term volatility intensifies, Trump's re-election and FTX compensation may boost year-end price increases

Markus Thielen, founder of 10x Research, said in an interview with CNBC that more short-term volatility is expected in the cryptocurrency market, but Trump's possible re-election and the upcoming FTX creditor compensation will support prices at the end of the year.

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Bitcoin contract positions across the entire network rose by 3.16% and are now at $29.688 billion.

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Fidelity FBTC had a net inflow of $28.6 million yesterday, and FETH had a net inflow of $7.6 million 📊

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

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Lawrence Lepard: "Anybody who has zero 🪙 Bitcoin is really missing the most asymmetric bet that I have ever seen."

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Caroline Ellison, former co-CEO of Alameda, will be sentenced in a New York court on September 24👨‍⚖️🚨

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10 Bitcoin ETFs had a net inflow of $23.4 million, and 9 Ethereum ETFs had a net outflow of $1.71 million😋

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🇺🇸 Careers In Government partners with the Proof of Workforce Foundation to integrate Bitcoin into public sector jobs 👀

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Tether, TRON, and TRM Labs have launched the T3 Financial Crime Unit (T3 FCU) to combat illegal activities on the TRON blockchain. The unit has already frozen over $12m in USDT linked to criminal schemes, and collaborates with law enforcement to fight crimes like fraud and terrorism financing.💰

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Matrixport: Bitcoin rebounds 5%, greed and fear index shows tactical bottom, traders focus on key technical points 💥

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Metalpha has deposited a total of 33,589 ETH (US$77.55 million) into Binance in the past 4 days, and currently holds 51,300 ETH (worth US$120 million).👀

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Grayscale GBTC had a net outflow of US$22.8 million yesterday, and ETHE had a net outflow of US$22.6 million 📊

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