BTC dip predictions fall below $90K: 5 things to know in Bitcoin this week
Bitcoin surfs volatility catalysts as key US macro data combines with increasing worries over a BTC price capitulation event.
Backpack EU begins operations with CySEC-approved derivatives platform
Backpack EU, owner of the former FTX EU, launches a regulated perpetual futures platform in Europe after settling with the Cyprus regulator and securing a MiFID II license.
Ethereum added $1B of stablecoins almost every day last week
Ethereum’s stablecoin supply surged to a record $165 billion after $5 billion in weekly inflows, cementing its RWA market dominance.
Metaplanet, El Salvador add Bitcoin as sentiment shifts ‘neutral’
Metaplanet CEO Simon Gerovich said in June that the company’s long-term goal is to acquire 210,000 Bitcoin total by 2027.
Germany yet to seize $5B Bitcoin tied to piracy site Movie2K: Arkham
German authorities may have missed seizing as much as $5 billion in Bitcoin tied to a piracy site it investigated last year, according to Arkham.
Ethereum metrics are telling 2 very different stories right now
A Messari analyst says Ethereum is “dying” as revenue fell 44% in August. Others argue it’s a flawed way to measure the blockchain’s success.
Ordinals dev floats forking Bitcoin Core amid censorship concerns
Bitcoin Ordinals leader Leonidas said his community would fork Bitcoin Core if developers reversed the upcoming update that allows for more Ordinals and Runes transactions.
Bitcoin whales dump 115,000 BTC in biggest sell-off since mid-2022
Bitcoin whales sold around $12.7 billion of Bitcoin last month, pressuring prices and “signaling intense risk aversion among large investors.”
Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG
An NYDIG analyst has warned of possible market turbulence as the gap between the share price and asset values of Bitcoin holding companies has narrowed.
Kinto plunges 81% as ETH L2 set to wind down months after hack
Ethereum layer-2 Kinto’s token plummeted after its team announced its blockchain would wind down on Sept. 30, months after a $1.6 million hack.