As predicted by many, the cryptocurrency market in the last week of September really made a strong comeback with a series of good news after the Fed cut interest rates, leading to the renewed interest of large organizations in Bitcoin through ETF products.
In addition, the crypto community also welcomed the return of former Binance CEO Changpeng Zhao, who has just completed a 4-month prison term.
Let's review all the crypto movements of the week with Coin68 to make sure you don't miss any important news!
Top Cryptocurrencies Volatility Compared to 7 Days Ago. TradingView Screenshot at 08:40 AM on 09/29/2024
📺 Coin68 TV
- DeFi Discussion ep.166: Based Rollups... what potential does it have?
- Jen's Podcast - Episode 9: What's at Blockchain Events?
- Brain Supplement #35:
- Knowledge: Top 5 important economic and financial concepts you should know
📄 News
Focus 🔥
- CZ released after serving 4 months in prison
- Bitcoin ETF welcomes inflow of nearly half a billion USD, BTC price returns to 66,500 USD
- Kamala Harris promises to support the crypto industry if elected US President
- Former Alameda Research CEO Caroline Ellison sentenced to 2 years in prison
- Grayscale predicts 20 coins with strong potential growth in Q4
Big Cap 💎
- China still dominates 55% of global Bitcoin hashrate
- New updates on Ethereum 's Pectra upgrade
- Bittensor (TAO) Price Surges 56% Leading AI Token ' Recovery
- Celo up 17% thanks to "praise" from Vitalik Buterin
- Avalanche Launches $40 Million Ecosystem Grant Program
- AI and Memecoin are among the top trends in the first half of 2024
- Binance Launches Pre-Market Spot Trading Feature
- Capital: Celestia ($100 million), Initia ($14 million), Mawari Network ($10.8 million)
DeFi and Layer 2 🦄
- EigenLayer sets the time to open EIGEN Token transfer on September 30
- Layer-2 of Treasure DAO will be deployed to ZKsync later this year
- TVL in DeFi protocols on Base surpasses $2 billion
- Sky (MakerDAO) reconsiders plan to delist WBTC
- Mango Markets kills MNGO Token to escape securities charges from SEC
- Crypto industry lost $413 million in Q3/2024, down 40% year-on-year
Non-Fungible Token, GameFi, Metaverse and SocialFi 🖼 🎮🌐
- Hamster Kombat received countless "inquiries" after the "biggest" Airdrop in history
Large organizations 💰
- Bitwise : "The most powerful people in finance are investing in crypto"
- Polymarket wants to raise another $50 million, considers Token Issuance
- Three Arrows Capital is back, this time with the memecoin 3AC
- OpenAI switches to for-profit model, WLD price increases 17%
- PayPal allows US business customers to buy, sell and transfer cryptocurrencies
Legal and Reception ⚖️
- SEC fines stablecoin issuer TUSD
- Gary Gensler was criticized as the most "destructive" Chairman in SEC history , spoke up to defend himself
- Telegram will provide user information to authorities if requested
- Binance partners with India to track $47.6 million scam
Coin68 synthesis
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