Weekly Market Highlights - 🇺🇸 U.S. Fed Cuts Rates 50bps in Their First Rate Cut Since 2020.⏰
1. #MicroStrategy plans to issue a US$700M convertible note to refinance debt and buy more #Bitcoin. 2. Donald Trump-backed DeFi project, World Liberty Financial, debuted plans for $WLFI token. $WLFI will be a non-transferable governance token that will initially only be available to accredited investors. 3. Chainalysis' latest 2024 Global Adoption Index shows that India, Nigeria, and Indonesia are the three leading countries for adoption in the most recent period. 4. Glassnode announced an expansion of its analytics platform to include over 500 new ERC-20 tokens. 5. Wintermute announces a permissionless prediction market, OutcomeMarket, starting with TRUMP and HARRIS meme coins.
#Binance Market Update 2024-09-20 ⏰ 1. BNB Chain Expands Web3 Accessibility Through Integration with Telegram Mini Apps Societe Generale Secures Licenses For #Crypto Asset Management. 2. Terraform Labs Begins Liquidation After Court Approval. 3. Franklin Templeton Plans to Launch Commingled Fund on #Solana Blockchain. 4. Al Tokens Surge As Market Reacts To U.S. Federal Reserve Rate Cut. 5. 🇺🇸 U.S. Stock Market Opens Higher, S&P 500 Hits New Intraday Record High.
#MicroStrategy Founder and Chairman Michael Saylor finally commented on a recently published Bitcoin Whitepaper from BlackRock. Saylor's comment comes after popular figures like Bloomberg's Senior ETF analyst Eric Balchunas spotlighted the #BlackRock #Bitcoin whitepaper. $BTC $CATI $FIO