US spot $BTC ETFs saw $4.56M inflow on Sep 23, while $ETH ETFs faced $80.55M outflow from Grayscale’s ETHE. Overall trading volumes dropped below $1B, indicating shifting investor sentiment and market volatility.
Bitcoin ($BTC) eyes $100K as China introduces monetary stimulus and Russia uses crypto for trade with China. Bitcoin consolidates near $64K, with a cup-and-handle pattern indicating potential bullish rally. Investors should watch these macroeconomic shifts closely.
OpenAI’s @Press account was hacked to promote a scam token named $OPENAI, involving a phishing link that compromised user security. This breach highlights the increasing sophistication of cyber-attacks in the crypto sector and underscores the need for enhanced cybersecurity measures.
ETHSofia, Bulgaria’s premier crypto event, takes place Oct 17-19 at Sofia Tech Park with a $15,000 hackathon. Supported by @binance, THORChain, MANTRA, and SSV Network, it features speakers Lyn Alden, Michael Bentley, and Eleonora Genova.
Ripple Chairman Chris Larsen moved 18M $XRP to Binance and a Bittrex-activated wallet amid ongoing legal challenges. Analysts debate the impact on $XRP liquidity and price volatility. The price remains stable at $0.5865.
Celestia Foundation secures $100M, boosting valuation to $155M. Top investors like Bain Capital Crypto back the round. $TIA token surges 13% post-announcement, highlighting confidence in Celestia’s innovative modular network.
Lawmakers, including @CynthiaMLummis and @PatrickMcHenry, urge the SEC to revoke SAB 121, citing financial strain on crypto custodians and consumer risks. Critics highlight lack of consultation and selective meetings by the SEC’s Office of Chief Accountant.
Binance increases $LUNC burns, totaling 64.47B tokens this month. The move boosts LUNC’s price by 3%, indicating growing trader interest and volume. This strategy shift may stabilize and enhance the Terra Luna Classic ecosystem.
AI tokens surged 37% this week, led by $TAO with an 86.2% increase. Data services, RWA, and gaming tokens also saw gains above 22.5%, while memecoins lagged at 11.1%. Market liquidity is shifting towards stable assets like Bitcoin.
Coinbase ($COIN) appeals SEC’s denial of its 2022 rulemaking petition, arguing outdated securities laws hinder crypto compliance and innovation. The outcome could reshape U.S. crypto regulations, providing clarity for the industry.
Celestia Foundation secures $100M in new funding, boosting total investment to $155M. $TIA price surges 14% post-announcement, up 34% this week. Celestia aims to scale block space to 1GB, enhancing blockchain scalability significantly.
Bitcoin ($BTC) and Ethereum ($ETH) show potential for significant price surges, with $BTC nearing an all-time high and $ETH possibly reaching $5,000. Market corrections expected, creating strategic entry points for investors. Monitoring key price levels is crucial.
An inactive Ethereum ICO participant transfers 3510 $ETH to Kraken after two years. Initially acquiring 150,000 $ETH for $46,500, the current value of the transferred ETH is nearly $390 million. The wallet still holds 11,489 $ETH.
Sygnum secures a CASP license from Liechtenstein’s FMA, enabling it to offer crypto services across the Eurozone. This move aligns with the upcoming MiCA regulation, marking a significant step in Sygnum’s EEA expansion by 2025.
