24/7 Blockchain industry dynamics and breaking crypto news
Bitcoin's price has powerfully breached the $77,000 mark, currently trading around $77,018 with a 24-hour gain of 1.46%. Market volatility is notably high, urging investors to monitor movements closely and manage risks prudently.
Read MoreOn September 17th, US semiconductor stocks showed strong momentum in pre-market trading, with most major players gaining over 3%. Nvidia, TSMC, Intel, and Qualcomm led the advance, fueling a nearly 10% surge in a leveraged semiconductor ETF, reflecting robust market sentiment.
Read MoreThe SEC has issued a conditional exemption allowing limited on-chain trading of tokenized NMS stocks. The order creates a temporary regulatory framework with key investor protections, while seeking public input for future rules. This marks a cautious step toward integrating blockchain technology into traditional capital markets.
Read MoreKey developments on Sept 17: Nvidia CEO forecasts chip sales doubling next year. S&P Global acquires blockchain security firm OpenZeppelin. Bank of England cancels gilt sales plan. Standard Chartered updates Fed rate hike outlook. SEC approves tokenized stock trading exemption.
Read MoreThe SEC has approved an Innovation Exemption, permitting limited trading of eligible tokenized NMS stocks on designated on-chain venues. This move explores tokenization's potential to cut costs and boost market efficiency while gathering data for future regulatory frameworks.
Read MoreStandard Chartered has significantly revised its Federal Reserve policy outlook. The bank now forecasts the current easing cycle to conclude in 2025, with the Fed potentially initiating a new tightening phase. Its analysis points to a first rate hike of 25 basis points as soon as December 2026, marking a notable shift from its prior expectation of unchanged rates.
Read MoreU.S. initial jobless claims fell to 196,000 last week, beating forecasts of 208,000. The data suggests ongoing strength in the labor market, potentially influencing the Fed's policy outlook.
Read MoreNVIDIA CEO Jensen Huang highlighted the critical importance of AI safety and projected the company's chip sales to double next year compared to 2024. This bullish forecast boosted investor confidence, driving NVIDIA's stock up over 2% in pre-market trading.
Read MoreSpot gold surged past $4,350 per ounce, gaining 2.06% in a single day to hit a recent high. Rising safe-haven demand, dollar movements, and macroeconomic outlook are fueling the rally, with investors watching for sustainability and opportunities.
Read MoreBlackRock transferred over $285 million worth of Bitcoin and Ethereum from its ETF-associated address to Coinbase Prime, according to on-chain data. This massive institutional movement is drawing significant market attention regarding potential strategic shifts.
Read MoreOn-chain data reveals a major transfer of 35,001 ETH, valued at $85 million, from Binance to the decentralized derivatives platform Hyperliquid by an agent linked to a 'BTC OG insider whale.' This move has drawn significant market attention.
Read MoreBNB has surged past the $730 mark, trading at $730.16 with a 2.29% gain in 24 hours. Heightened market volatility signals the need for cautious risk management as traders watch for sustained momentum.
Read MoreS&P Global has acquired blockchain security firm OpenZeppelin, a key player behind over $37 trillion in on-chain value. The deal aims to expand S&P's on-chain risk assessment capabilities for developing next-generation security benchmarks. OpenZeppelin will operate independently post-acquisition.
Read MoreGenius Foundation has launched a new token launchpad, genius.fun, on BNB Chain. Its key feature is the planned support for “unpacked” tokenized stocks, with the ambitious goal of potentially using these assets to acquire real-world public companies.
Read MoreBinance Alpha has launched APM token trading and an exclusive airdrop. Users holding at least 235 Alpha points can claim 5000 APM tokens first-come-first-served. The reward pool features a dynamic threshold: if tokens remain, the point requirement drops by 5 every 5 minutes. Claiming costs 15 points and requires confirmation within 24 hours.
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