Bitcoin: India Surges in Onchain Volumes
India leads onchain volumes while Japan sees fastest crypto growth, per Chainalysis report. Asia-Pacific’s crypto adoption surges, influencing global flows. #Update #Crypto
Ethereum Layer 2 Network GT Upgrade
Gate unveils a layer 2 network with GT as the exclusive gas token, enhancing scalability and ecosystem development. $GT holds a nearly $2B market cap. #Update #Layer2 $GT
Bitcoin Scandal South Korean Accountant Arrested
South Korean police arrested a church accountant for embezzling $350,000 intended for land purchase, investing it in a cryptocurrency scam. Investigations into the fraud and the accountant’s actions are ongoing. #Update #Legal
Bitcoin Price Predictions Surge Ahead of 9/24
$BTC surged above $113,900 as institutional buying continues, but faces resistance near $117,500; altcoins like $BNB and $AVAX may see upward trends. #Update #Crypto $BTC
Bitcoin Surges as Gold Bull Takes Break
Bitcoin rises 1.7% to $113,700 as gold dips 1.5% to $3,759; year-to-date gold up 42%, Bitcoin up 22%. Both assets show long-term correlation as hedges against inflation. #Update #Crypto $BTC
Ethereum Yield Trading Launches on FalconX
FalconX executed the first forward rate agreements tied to Ethereum staking yields, offering institutions a new way to manage exposure amid record demand. #Update #Crypto $ETH
Cardano RSI at 36.6 Signals Rebound
Cardano ($ADA) slips 1.38%, trading at $0.816, below its 20-day and 50-day moving averages but above the 200-day, indicating short-term pressure amid long-term support. #Update #Crypto $ADA
Coinbase Launches x402 AI Payment Standard
@Coinbase and @Cloudflare are launching the x402 Foundation to advance a new AI payment standard, aiming to transform digital transactions. #Update #Tech
Ethereum Boosts Data Access with PeerDAS
Ethereum co-founder Vitalik Buterin outlines Fusaka’s PeerDAS system to enhance data availability, supporting Layer 2 and future Layer 1 scaling through limited node data verification. #Update #Blockchain $ETH
Cardano Launches $50M Liquidity Boost for DeFi
@CardanoFoundation proposes a $50M liquidity fund to enhance stablecoin adoption and DeFi on the Cardano network, aiming for 4% annual returns. #Update #Crypto $ADA
Crypto Theft: North Koreans Charged for $900K
The U.S. Department of Justice charged four North Korean nationals with stealing $915,000 in cryptocurrency by posing as American IT specialists; the FBI is investigating extensive cybercrime operations. #Breaking #Legal $BTC
Crypto Tax Talks Heat Up in Senate
The US Senate Finance Committee will hold a hearing on digital asset taxation next week, featuring testimonies from @Coinbase and Coin Center officials, aligning with the White House’s July crypto recommendations. #Update #Crypto
Bitcoin Surges 40% as Crypto Millionaires Rise
The global population of crypto millionaires surged 40% to 241,700, driven by Bitcoin’s rise as total market cap hit $3.3 trillion. #Update #Crypto $BTC
AI Coding Adoption Surges But Trust Plummets
Google’s DORA survey reveals 90% of developers use AI tools, yet only 24% trust them, highlighting a trust-productivity paradox in the tech industry. #Update #Tech