2024.9.11 Industry News

•Today's Greed Fear Index is 37

•The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 69%, and the probability of cutting interest rates by 50 basis points is 31%.

•Trump and Harris debate

•4 addresses withdraw 3,072 BTC from CEX, equivalent to about $174.27 million

•WazirX exploiter address has transferred 5,000 ETH to a new address

• 200 million MATICs were transferred from Binance to an unknown wallet, worth more than $77 million

•Bitcoin trading volume reached $2.874 trillion in the first 8 months, exceeding the trading volume during the 2021 bull market

•Hong Kong virtual asset ETFs today traded at HK$10.798 million

•The US SEC has fined the cryptocurrency industry $7.4 billion since 2013

•Ethereum's on-chain stablecoin trading volume has reached a record high of $1.46 trillion, more than doubling the trading volume from $650 billion at the beginning of the year.  

•11 US spot Bitcoin ETFs traded a total of $711 million, the third lowest level since their launch. IBIT's trading volume was $412 million.

•$BTC The correlation with the S&P 500 index has reached a 23-month high of 0.67, a nearly two-year high. Recently, due to weak US employment data, the price of Bitcoin fell 10%, and then partially recovered, closing down 3% on a weekly basis. The upcoming US CPI data and the Federal Open Market Committee meeting on September 18 are expected to further affect the crypto market.

•The U.S. House of Representatives Financial Services Committee held its first hearing on decentralized finance (DeFi) the day after the recess. The hearing was hosted by the Digital Assets, Fintech and Inclusion Subcommittee and the theme was "Decoding DeFi: Parsing the Future of Decentralized Finance".

•$ENS Labs announced on Tuesday that Paypal and Venmo have integrated the Ethereum Name Service (ENS) into their payment platforms, which means that US users of Paypal and Venmo can enter ENS domain names to send cryptocurrencies without copying and pasting wallet addresses. Positive $ENS