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  • Writer's pictureAbi

Daily #Web3 Market

17 Sep 2024



Bitcoin Holds Above $58K as Odds of Big Fed Rate Cuts Jump to 67%

Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago. Read more


Crypto Project World Liberty Financial, Promoted by Trump Family, Confirms Plan for Token

The team confirms that the governance token will be available under an SEC Regulation D exemption. Read more


UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform

Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test. Read more


Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market

Cathedra Bitcoin will move away from mining business and will develop data center instead. Read more


Michael Saylor's MicroStrategy Plans Another $700M Convertible Note Issuance

The company is the largest corporate bitcoin holder with 244,800 bitcoin worth over $14 billion in its treasury. Read more


Multicoin Led $10M Raise for Crypto-Incentivized Internet Infrastructure Network Pipe

Pipe is planning to launch a testnet at the Breakpoint conference in Singapore. Read more


BitGo Unveils Token Management Service for Crypto Foundations

Big names like Worldcoin and LayerZero are among the first customers of the Token Management Service, announced on Monday. Read more


Donald Trump silent on World Liberty Financial, team unveils WLFI token

Donald Trump didn’t share any details about his family’s new crypto platform during his 45-minute talk on X, but the team later revealed that a token would be launched. Read more


Bitcoin price action ‘tough to call’ after Fed rate decision — Zerocap

Bitcoin could rally as high as $65,000 following expected rate cuts later this week but analysts fear US election uncertainty could keep crypto asset prices lower for longer. Read more


41 firms join BIS Project Agora to advance unified ledger applications

The large private companies will work with seven central banks on improving structural inefficiencies in international transfers. Read more


Bitcoin price turns shaky ahead of potential Fed rate cut and weak global economic data

Bitcoin price wobbles near $58,000 as uncertainty over the Fed’s monetary policy decision looms and traders eyeball weak economic data in China. Read more


BitGo launches regulated custody platform for native protocol tokens

The US custodian’s crypto-native clients include Worldcoin, ZetaChain and LayerZero. Read more


Linux debuts decentralized foundation with Hedera and 100+ members

The Linux Foundation Decentralized Trust is a foundation that will incorporate all of Linux's decentralized projects in one place, including all of Hyperledger. Read more


Fantom (FTM) Explodes 10% Daily, Bitcoin (BTC) Struggles Below $59K (Market Watch)

The top 50 altcoins have a new rep today - Black Agnus. Read more

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