On Sep 10, 2024, 07:23 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 57,000 USDT benchmark and is now trading at 57,042.019531 USDT, with a narrowed 4.06% increase in 24 hours.

A member of the Ethena team stated in its official Discord channel that the airdrop query page has not yet been launched and has been postponed to next Monday to ensure that everything is accurate. Claims will begin on September 30.

According to Paidun’s monitoring, the WazirX attacker’s marked address has transferred 5,000 ETH to the new address “0x7d25...d30b”, worth approximately US$11.7 million.

Users of the prediction website Polymarket give a 14% chance that Republican presidential candidate Donald Trump will mention “cryptocurrency/bitcoin” during the September 10 presidential debate.

The crypto sector is currently enduring a “quiet quitting crisis,” according to a hedge fund and digital asset veteran. Quiet quitting, a term that was popularized in 2022, refers to employees who do the bare minimum level of work their jobs require and “quit” the idea of doing anything extra. Travis Kling, the founder and […] source: https://dailyhodl.com/2024/09/10/hedge-fund-veteran-says-crypto-facing-quiet-quitting-crisis-unveils-catalyst-that-could-spark-altcoin-revival/

According to Odaily, Federal Reserve Chair Jerome Powell is likely to seek consensus for at least a 25 basis point rate cut at the upcoming meeting later this month. However, due to recent weaknesses in the labor market, Powell and others may advocate for a more substantial rate reduction. Kathy Bostjancic, Senior Vice President and Chief Economist at Nationwide, mentioned in an email that Powell does not necessarily need unanimous agreement to initiate rate cuts at the forthcoming September meeting, but he may prefer to do so, especially for the first rate cut. Former Labor Department economist Betsey Stevenson noted on social media that consensus has traditionally been a way to prevent the politicization of the Federal Reserve. She added that if she were a member of the Federal Open Market Committee (FOMC), she would prioritize achieving consensus. Dan North, Senior Economist at Allianz Trade Americas, commented on the difficulty Powell might face in garnering consensus for a larger rate cut, stating that there would be significant opposition, which could appear unfavorable. Diane Swonk, Chief Economist at KPMG, expressed on social media that Powell might be willing to take this risk. Swonk wrote that Powell is more concerned about the labor market than his colleagues and aims for a soft landing. The question remains whether he will push for a 50 basis point rate cut and how much opposition he is willing to face to achieve this goal.

Matrixport published a chart saying that yesterday, we noticed that the Greed and Fear Index of Bitcoin hit a low. In the past 24 hours, Bitcoin rebounded by 5%, which once again verified the validity of this indicator. At the same time, Bitcoin rebounded at the lower boundary of the downward channel, as traders expected. The current market is mainly driven by technical momentum and is responding to these signals until new fundamentals emerge.

null source: https://x.com/DaanCrypto/status/1833400766452625726

On 09th September, BTC ETF recorded a positive inflow for the first time since 26th August. Reportedly, Fidelity’s “FBTC” has recorded the highest inflow with $28.6 million, followed by Bitwise’s “BITB” with $22 million, and Ark’s “ARKB” with $6.8 million. However, Grayscale’s “GBTC” recorded an outflow for the 10th consecutive day with $22.8 million, followed … source: https://coinpedia.org/crypto-live-news/bitcoin-etf-breaks-outflow-streak-adds-25-5-million-with-3-positive-inflows/

According to SunPump official news, the SunPump Meme Ecosystem Grant award list was officially announced, including 5 projects including $BULL, $IVfun, $CZC, $MUNCAT and $SUNCAT. SunPump said that these projects have made outstanding contributions in building a strong community and promoting the development of the ecosystem, and have attracted widespread attention in the industry. They have played an important role in promoting the ecological construction of TRON and the continued development of SunPump.

A trader turned $1,200 into $10 million with Tron Bull (BULL) in three days, but the value soon fell by 60%, leaving them with $4.3 million. This dramatic rise and fall highlight the volatile nature of meme coins, as Tron-based tokens like BULL, SUNDOG, and SUNCAT show fluctuating prices and declining values.