Merge Madrid Web3 Conference, Oct 8-10, aims to unite Europe and Latin America, featuring 200+ speakers from companies like @Adidas, @Mastercard, and @Ripple. Highlights include an AI vs. DJ duel and discussions on Web3 payments and blockchain.
Dragonfly Capital aims to raise $500M for its fourth fund, targeting early-stage crypto projects. The firm has secured $250M internally and plans to complete fundraising by Q1 next year, aligning with broader crypto venture capital trends.
The Human Rights Foundation allocates $590K in Bitcoin to 20 global projects, focusing on Bitcoin education, development, mining decentralization, and privacy tools, benefiting regions like Latin America, Asia, and Africa.
Polymarket users foresee a 50% chance of a 50-basis point rate cut in the September 18, 2024, FOMC meeting. $BTC remains stable at $59,113. Lower rates could boost liquidity and demand for cryptocurrencies. Historical data shows a 375% surge in low-rate periods.
The U.S., Indonesia, and Turkey together account for 32.95% of global interest in RWA tokenization. Ondo Finance leads U.S. traffic, while future market projections range from $1.3 trillion to $30 trillion by 2030.
IoTeX partners with @0xPolygonLabs to integrate AggLayer, enhancing cross-chain capabilities and liquidity for DePIN projects. AggLayer’s zero-knowledge proofs ensure secure, private transactions, aiming to revolutionize decentralized physical infrastructure networks by enabling seamless multichain environments.
Bitcoin ETFs saw a $12.9M inflow on Sep 16, 2024, while Ethereum ETFs faced a $9.51M outflow. Grayscale’s $GBTC experienced a $20.75M outflow. Hong Kong’s Bitcoin and Ethereum markets remained stable with no capital movements.
Bybit’s WSOT 2024 offers a $10M USDT prize pool, exclusive rewards, and trading on CEX and DEX platforms, including DEX Pro with over a million tokens. Categories: Lightweight ($500), Middleweight ($2000), Heavyweight ($10,000). Backed by 100+ partners.
Circle launches $USDC on the Sui network, spiking $SUI price by 7.5%. This marks USDC’s 16th blockchain integration, enhancing interoperability and security. Circle also minted 50M USDC, reflecting high market demand.
Alex Mashinsky, ex-CEO of Celsius, faces 115 years in prison on charges of market manipulation and fraud. The CFTC revealed violations in his operations, highlighting systemic issues and the need for stronger crypto regulations. $CEL $CFTC @CelsiusNetwork
Bitcoin could hit $70K soon. Key drivers: strong S&P 500 correlation, expected US Fed rate cuts, Binance founder CZ’s release, and post-halving trends. Investors should monitor these developments for potential crypto market opportunities. $BTC #Bitcoin #CryptoNews
Circle integrates $USDC on the Sui blockchain, boosting liquidity and user engagement. Sui, launched in 2023, is known for simplicity and key partnerships. USDC now supports 15 networks with over $35B in circulation.
Over 30 AI experts urge governments to create emergency plans for uncontrolled AI risks. They call for specialized bodies, international cooperation, and independent AI safety research to ensure safe and ethical AI advancements.
Ripple Co-Founder Chris Larsen transferred 50M $XRP, valued at $29M, after 11 years of inactivity. The move caused XRP’s price to surge 4%, sparking speculation about potential political donations and future market impacts.
