What’s Behind Bitcoin Price Drop? Political Chaos or US Fed Meeting? coingape.com 16 September 2024 15:15, UTC Bitcoin price dropped below $60,000 to a low of $58,112 today. It has made the crypto community puzzled as the 50 bps Fed rate cuts speculation sparked rallies in stocks, crypto, and gold recently. Moreover, the political…
Flare Network launches Flare Time Series Oracle v2 to boost performance, security, and scalability cryptobriefing.com 16 September 2024 15:17, UTC Flare Network, an EVM-based layer 1 blockchain, has rolled out Flare Time Series Oracle version 2 (FTSOv2) on its mainnet, aiming to enable faster and more diverse data access for developers and users while…
Bitcoin awaits ‘trigger to explode upwards,’ according to analyst finbold.com 16 September 2024 13:58, UTC Although Bitcoin (BTC) has had lackluster performance in the past weeks and months, this situation might change for the better in the near future, and the maiden cryptocurrency could explode upwards if it finds the necessary catalyst that would…
El Salvador President Nayib Bukele to Present Debt-Free Budget for 2025 coindesk.com 16 September 2024 14:52, UTC El Salvador President Bukele expects to submit a 2025 government budget with no planned deficit. The 2024 budget had a $338 million deficit and the gap when Bukele became president in 2019 was $1.2 billion. In August,…
Market May Move Up as Tether Mints $1B USDT on Ethereum thecryptobasic.com 16 September 2024 14:58, UTC As Tether mints $1 billion in USDT today, the broader crypto market could witness a sharp reversal rally, ending its latest drawdowns. Leading crypto tracking service Whale Alert took to X to index Tether’s recent minting of…
Ethereum L2 Grows to $10B While 61% of Holders Stay in Profit thecryptobasic.com 16 September 2024 14:59, UTC Recent reports show significant growth within Ethereum’s Layer 2 (L2) ecosystem. According to Leon Waidmann, head of research at the Onchain Foundation, over $10 billion is now locked in Ethereum L2 solutions. This figure more than…
Multicoin Led $10M Raise for Crypto-Incentivized Internet Infrastructure Network Pipe coindesk.com 16 September 2024 15:03, UTC Crypto venture giant Multicoin led a $10 million fundraise for the builders of Pipe, a proposed “content delivery network” (CDN) that uses tokens to incentivize people hosting internet infrastructure. The startup building Pipe Network, Permissionless Labs, is focusing…
