AI Tokens Outperform Crypto Market Following Fed Rate Cut
AI tokens dominate weekly crypto gains with 37% average return, doubling market performance. Bittensor's TAO leads with 86% increase following Fed's interest rate cut.
Karim Noun
AI tokens dominate weekly crypto gains with 37% average return, doubling market performance. Bittensor's TAO leads with 86% increase following Fed's interest rate cut.
Bitcoin Price Recovers as ETFs See Significant Inflows
Bitcoin price rebounds to $63,000 as ETFs see $150 million inflow. Year-to-date ETF inflows hit $17.7 billion, representing 5% of Bitcoin's market cap in just nine months.
Karim Noun
Bitcoin price rebounds to $63,000 as ETFs see $150 million inflow. Year-to-date ETF inflows hit $17.7 billion, representing 5% of Bitcoin's market cap in just nine months.
MicroStrategy Expands Bitcoin Holdings with $458M Purchase
MicroStrategy continues aggressive Bitcoin acquisition strategy, purchasing 7,420 BTC for $458.2M. The company's total Bitcoin holdings now stand at 252,220 BTC, with growing interest in MicroStrategy ETFs.
Karim Noun
MicroStrategy continues aggressive Bitcoin acquisition strategy, purchasing 7,420 BTC for $458.2M. The company's total Bitcoin holdings now stand at 252,220 BTC, with growing interest in MicroStrategy ETFs.
TON blockchain experienced explosive growth in 2024, with daily active addresses increasing by 3,435% and TVL growing 8x. The network has also become a major player in on-chain gaming.
Karim Noun
TON blockchain experienced explosive growth in 2024, with daily active addresses increasing by 3,435% and TVL growing 8x. The network has also become a major player in on-chain gaming.
BlackRock Unveils Bitcoin's Potential as a Portfolio Asset
BlackRock's 9-page document to clients presents Bitcoin as a "unique diversifier" for portfolios, highlighting its uncorrelated returns and resilience despite acknowledging its risks.
Karim Noun
BlackRock's 9-page document to clients presents Bitcoin as a "unique diversifier" for portfolios, highlighting its uncorrelated returns and resilience despite acknowledging its risks.
Revolut's Bold Move: Developing Its Own Stablecoin
Revolut is reportedly in the final stages of developing its own stablecoin. This step is in line with the company’s “borderless banking” mission statement and adds to its existing crypto services.
Karim Noun
Revolut is reportedly in the final stages of developing its own stablecoin. This step is in line with the company’s “borderless banking” mission statement and adds to its existing crypto services.
FTX Auditor Prager Metis CPAs to Pay approximately $2 Million dollars to Settle with the SEC. The settlement includes negligence claims in regard to FTX audits and auditor independence violations. The case also makes it clear that there needs to be some standard of auditing in the crypto industry.
Karim Noun
FTX Auditor Prager Metis CPAs to Pay approximately $2 Million dollars to Settle with the SEC. The settlement includes negligence claims in regard to FTX audits and auditor independence violations. The case also makes it clear that there needs to be some standard of auditing in the crypto industry.
Circle Streamlines USDC Access in Brazil and Mexico
Circle enables direct USDC purchases using Brazilian Reais and Mexican Pesos through national payment systems. This move aims to reduce transaction times and costs for businesses in Latin America.
Karim Noun
Circle enables direct USDC purchases using Brazilian Reais and Mexican Pesos through national payment systems. This move aims to reduce transaction times and costs for businesses in Latin America.
Binance CEO CZ Nears Release as Exchange Faces New Challenges
Binance CEO CZ is expected to be released from US custody on September 29. However, Binance still receives legal pressure from the SEC regarding securities laws violations.
Karim Noun
Binance CEO CZ is expected to be released from US custody on September 29. However, Binance still receives legal pressure from the SEC regarding securities laws violations.
Bitcoin Volatility Expected as Fed Considers Rate Cuts
According to Bitfinex, the future Bitcoin price fluctuations may be caused by the Federal Reserve’s decision to lower interest rates. The report shows the bullish signals but also describes how the markets can respond to various rate cuts.
Karim Noun
According to Bitfinex, the future Bitcoin price fluctuations may be caused by the Federal Reserve’s decision to lower interest rates. The report shows the bullish signals but also describes how the markets can respond to various rate cuts.