According to BlockBeats, on September 17, STEPN co-founder Yawn Rong spoke at FarCon Asia, the first large-scale Farcaster ecosystem offline event in Asia. During the roundtable discussion on 'Strategies and Inspirations for Online Social Interaction,' Rong emphasized the pitfalls of projects that gain popularity solely due to token incentives. He argued that such projects often end up worthless. Rong suggested that it is crucial to understand why users would want to own something on-chain beyond token incentives. He noted that if users are not willing to spend money on a product, it indicates that the product has not met their standards. Based on his analysis over the past three years, Rong believes that achieving strong growth is essential. Sustaining operations over time will lead to acquiring key users, whose spending will subsequently increase. Rong also addressed the challenges faced by most artificial intelligence companies in figuring out how to handle their products and achieve profitability. He expressed skepticism about the ability of blockchain or cryptocurrency to solve these issues. While he is not pessimistic about AI, Rong pointed out that it is still in its early stages, and companies are primarily burning through investors' money. He believes that in the next 10 to 20 years, AI could become dominant, but it is crucial to understand how the technology will develop, particularly in terms of monetization and growth. FarCon Asia, the first large-scale Farcaster ecosystem offline event in Asia, was co-hosted by Tako Protocol, BlockBeats, and Jam. The conference aimed to explore and showcase the innovative achievements of the Farcaster ecosystem and the future prospects of Web3 social interaction. It sought to break the stereotype of traditional financial crypto conferences being one-way outputs. The event was expected to attract over 500 attendees, including Farcaster ecosystem builders, active users in the Asian Farcaster ecosystem, venture capitalists, renowned investors, and senior researchers.

According to CoinDesk: Bitcoin continues to maintain its position above $58,000 as the market prepares for a potential significant interest rate cut by the Federal Reserve. As of Sept. 18, the odds of a 50 basis point (bps) rate cut have jumped to 67%, a sharp rise from the 25% probability seen just a month ago. The outcome of the Federal Open Market Committee (FOMC) meeting is expected to have a strong influence on risk assets like Bitcoin and other cryptocurrencies.Currently, Bitcoin (BTC) is trading around $58,480, showing little change in the past 24 hours. Other cryptocurrencies like XRP, SUI, and Fantom (FTM) have seen modest gains, with FTM surging by 10.5% due to optimism surrounding its rebrand to Sonic. Daily inflows into Bitcoin exchange-traded funds (ETFs) reached $12.9 million, primarily driven by BlackRock's IBIT.Market Anticipates Fed's First Rate Cut in Four YearsThe upcoming FOMC meeting is expected to mark the beginning of the Federal Reserve's first interest rate cuts in four years. The market anticipates that this so-called easing cycle will support risk assets like Bitcoin, which historically benefit from increased liquidity. As of the Asian morning on Sept. 18, traders are assigning a 67% probability of a 50 bps rate cut to bring interest rates to the 4.7%-5% range, a notable jump from Monday's 50% and the previous month's 25%.On Polymarket, predictions suggest a 57% chance of a 50+ bps rate cut, while a 41% probability is assigned to a smaller 25 bps cut. Regardless of the Fed's decision, the cryptocurrency market is bracing for increased volatility in the coming days.Trump’s World Liberty Financial to Launch Governance TokenIn a separate development, World Liberty Financial, a crypto platform endorsed by former U.S. President Donald Trump, announced plans to launch a governance token (WLFI) exclusively for accredited U.S. investors. The team behind the project confirmed the token's launch during a two-hour livestream, though Trump himself did not discuss the token in detail.The WLFI token will serve governance purposes, giving token holders the right to propose and vote on matters related to the platform. However, the token is not intended for economic gain, and the team refrained from providing a specific launch date during the livestream.Real Estate-Backed Yield on Figure Markets ExchangeMeanwhile, Figure Markets, founded by SoFi co-founder Mike Cagney, launched its crypto exchange at the Token2049 event in Singapore. The platform offers a unique value proposition by generating yield through real-world assets (RWAs), specifically home equity loans. Figure claims to offer up to 8% returns on non-USD and stablecoin balances by lending pooled funds to Figure Technologies, which then issues secured home equity loans.Figure’s model creates a spread between borrower interest payments and investor returns, offering dual recourse protections, daily liquidity, and interest payments based on the length of the investment. While RWAs have become an emerging trend in the crypto space, few projects have successfully integrated them into yield-generation models. Figure Markets aims to fill this gap by leveraging real-world assets to offer stable returns to its users.In 2023, before launching Figure Markets, Cagney withdrew the company's bid for a U.S. federal bank charter following regulatory scrutiny, opting to focus on partnerships with existing banks instead.As Bitcoin remains relatively stable at around $58,000, all eyes are on the Federal Reserve’s rate decision, which could shape market dynamics in the near term. With growing anticipation of a larger-than-expected rate cut, Bitcoin and other cryptocurrencies could experience significant movement in the days ahead. Meanwhile, the unveiling of the World Liberty Financial token and the launch of Figure Markets signal the continued evolution of the crypto landscape, with both projects focusing on unique governance and yield-generation models.

The creator of the mobile phone game Flappy Bird, Nguyen, came out on social media after a ~7.5-year hiatus (since 2017) to disavow Gametech Holdings and their GameFi relaunch of the Flappy Bird title. Nguyen categorically stated that he had no relations with the new game, had not sold his original game, and did not support crypto. source: https://www.cryptopolitan.com/flappy-birds-dong-nguyen-deny-ties-gamefi/

According to Lookonchain monitoring, in the past 24 hours, Ceffu deposited 28,865 ETH ($66.74 million) and 450 BTC ($26.5 million) to Binance. Ceffu currently holds 10,737 BTC ($628 million) and 178,687 ETH ($411 million).

While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024. source: https://cointelegraph.com/news/dbs-bank-launches-crypto-options-structured-notes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to official news, Ignition announced a partnership with BOB. FBTC will become a strategic asset in the BOB ecosystem, enhancing various DeFi use cases. FBTC deposits on BOB will also be eligible for rewards when Sparks points are opened.

Catizen (CATI) is launching on Binance, offering users a chance to farm tokens by locking BNB and FDUSD ahead of its trading debut on September 20. source: https://coinpaprika.com/news/catizen-cati-launches-on-binance

عملة NEIRO – هي عملة ميمية جديدة تعتمد على إثيريوم مستوحاة من سلالة شيبا إينو الشهيرة، ولا تفرض أي ضريبة شراء/بيع ولا تفرض أي رموز فريق، وهو ما يشير إلى نهج يعتمد على المجتمع. ارتفعت قيمتها السوقية بعد إعلان بينانس عن إدراجها. مشروع عملة NEIRO نيرو هو جرو شيبا إينو مملوك لنفس الشخص الذي ألهم … source: https://btcacademy.online/%d9%85%d8%a7-%d9%87%d9%8a-%d8%b9%d9%85%d9%84%d8%a9-neiro-%d8%a7%d9%84%d9%85%d9%8a%d9%85%d9%8a%d8%a9%d8%9f/

يواصل البيتكوين (BTC) صراعه لتجاوز علامة الـ 60 ألف دولار ولم يؤدي ذلك إلى بيع مكثف بين المستثمرين. بدلاً من ذلك، يحتفظ الكثيرون بأصولهم، كما يظهر من انخفاض نشاط البورصات. لقد وصل عدد العناوين اليومية التي ترسل BTC إلى البورصات إلى أدنى مستوى لها منذ سنوات، وهو اتجاه يتزامن مع توقعات السوق لقرار الاحتياطي الفيدرالي في اجتماعه المقرر في 18 سبتمبر. للحصول على خدمة إعلانية لمشاريع... source: https://ar.beincrypto.com/%d8%a5%d9%8a%d8%af%d8%a7%d8%b9%d8%a7%d8%aa-%d8%a8%d9%8a%d8%aa%d9%83%d9%88%d9%8a%d9%86-%d9%81%d9%8a-%d8%a7%d9%84%d8%a8%d9%88%d8%b1%d8%b5%d8%a7%d8%aa-%d8%aa%d9%86%d8%ae%d9%81%d8%b6-%d8%a5%d9%84%d9%89/