On Sep 20, 2024, 04:09 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 64,000 USDT benchmark and is now trading at 64,020.820313 USDT, with a narrowed 3.17% increase in 24 hours.

According to the official announcement, OKX will launch TAO/USDT perpetual contract trading at 5:00 am (UTC) on September 20, 2024, covering web and application interface and API. TAO/USDT perpetual futures trading will be opened on the same day, supporting 0.01-50x leverage, and funding fees will be charged and deducted on a current basis.

According to Foresight News, at the Solana Breakpoint conference, Richard Wu, co-founder of the Solana ecosystem NFT trading platform Tensor, announced that Tensor is now fully open source. This includes five protocols such as the NFT marketplace. Wu also mentioned that Tensor has hosted a free and fully customizable Web2 API, theoretically allowing complete cloning of their frontend. Additionally, Wu detailed the fee structure for the Tensor NFT marketplace. Fifty percent of Tensor's fees will go to developers, while the remaining fifty percent will be allocated to the Tensor Foundation treasury. The Tensor Foundation has also opened a grant program, which is currently accepting token grant applications. Wu revealed that Tensor has been developing a new product over the past month.

This is not only an important step for Circle in the Latin American market, but also expands the application of USDC from cross-border transactions to local payments and capital flows, bringing more flexible use.

According to BlockBeats, anonymous crypto analyst CryptoCon highlighted that Bitcoin (BTC) reached its cyclical peaks in 2016 and 2020, followed by several months of sideways trading before breaking higher towards the end of those years. Bitcoin's halving event, which occurs automatically every four years and reduces the issuance of new tokens by 50%, is widely believed to impact Bitcoin's supply, creating scarcity. This year, BTC peaked at $73,000 in March before falling approximately 33% to a low in early August. CryptoCon noted that it is nearing the end of a typical mid-cycle adjustment. 'Whether it's predicting cycle tops or forecasting economic downturns, there are reasons to worry about the worst-case scenarios,' he said. 'Meanwhile, the cycle continues as expected.' 'All signs point to a true bull market for Bitcoin in 2025,' he added.

According to SoSoValue data, yesterday (September 19, Eastern Time), the total net inflow of Bitcoin spot ETFs was $158 million. Yesterday, Grayscale ETF GBTC had a net outflow of $0.00, and the current historical net outflow of GBTC is $20.069 billion. Grayscale Bitcoin Mini Trust ETF BTC had a net inflow of $9.538 million in a single day, and the current historical total net inflow of Grayscale Bitcoin Mini Trust BTC is $395 million. The Bitcoin spot ETF with the largest net inflow in a single day yesterday was Ark Invest and 21Shares' ETF ARKB, with a net inflow of $81.0713 million in a single day, and the current historical total net inflow of ARKB reached $2.431 billion. The second is Fidelity ETF FBTC, with a single-day net inflow of US$49.8828 million. Currently, FBTC's total historical net inflow has reached US$9.754 billion. As of press time, the total net asset value of Bitcoin spot ETF is US$57.819 billion, and the ETF net asset ratio (market value to the total market value of Bitcoin) is 4.64%, and the historical cumulative net inflow has reached US$17.602 billion.

On Sep 20, 2024, 03:59 AM(UTC). According to Binance Market Data, BNB has crossed the 570 USDT benchmark and is now trading at 570.700012 USDT, with a narrowed 1.87% increase in 24 hours.

Solana Seeker is the follow-up product of Saga, providing enhanced hardware and blockchain integration. Currently, more than 140,000 units have been pre-ordered.

OKX market data shows that ETH has reached 2500 USDT and is currently trading at 2500.1 USDT, with a 24-hour increase of 3.89%.

According to Foresight News, during the Solana Breakpoint conference, Emon Motamedi, head of the Solana Incubator at Solana Labs, announced that the incubator is looking to recruit 4 to 6 teams for its development program. The initiative aims to include existing Solana ecosystem project teams, Web3 teams considering the Solana network, and Web2 teams integrating Web3 technologies.

On Sep 20, 2024, 03:53 AM(UTC). According to Binance Market Data, Ethereum has crossed the 2,500 USDT benchmark and is now trading at 2,500 USDT, with a narrowed 3.89% increase in 24 hours.

Investors may face volatility in the short term, but those who firmly believe in Bitcoin as a decentralized, sound monetary system will view today’s rate cut as a step toward further validation of its long-term value.

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The PlaySolana project posted on the X platform that it will soon launch the first Solana-based handheld Web3 gaming device. Player 1 series NFT holders will receive priority pre-order discounts, and there will be more benefits for holders in the future. At the same time, it stated that official information about the pre-sale status will be updated during the Solana Breakpoint event.

On September 19, OKX Chief Marketing Officer Haider Rafique published a new blog, announcing the “Legend Reborn” paint job designed jointly by OKX and the McLaren team: paying tribute to the legend and challenging oneself.

Throughout the press conference, Powell did not give a strong argument for a 50bp rate cut, but repeatedly emphasized "doing the right thing." However, judging from recent economic indicators, a 50bp rate cut "is not necessarily the right thing."

McLaren Racing and OKX, the leading blockchain technology company and Official Principal Partner of the McLaren F1 Team, have unveiled a limited edition ‘Legend Reborn’ livery design for the McLaren MCL38 F1 car that will race at the 2024 Singapore Grand Prix.

Currently, there are dozens of active L1s, and with the emergence of rollup services, the number of L2s has also exploded.

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