● Crypto Fear and Greed Index rises to 54, market in neutral
According to Foresight News, Alternative.me data showed that the cryptocurrency fear and greed index rose to 54 today. Yesterday the index was 49 "fear state", indicating that the market is still in a "neutral state."
● Ethereum developers confirm that Pectra upgrade will be executed in two forks
According to Odaily Planet Daily, Ethereum developers agreed on Thursday to split the upcoming hard fork Pectra into two batches, aiming to make large-scale upgrades less cumbersome and reduce the risk of mistakes or errors. The first package may be launched in 2025 (as early as February). Among them, the first part of Pectra will include Ethereum Improvement Proposals (EIPs), including EIP-7702, which aims to improve wallets. The second part will see EIPs aimed at upgrading the Ethereum Virtual Machine (called EOF).
● Trump uses Bitcoin to buy burgers at New York restaurant
Donald Trump has become the first former U.S. president to transact in Bitcoin after purchasing a burger at a bar and restaurant in New York City that accepts the cryptocurrency, Cointelegraph reported.
● Government Bitcoin holdings ranking: US tops the list, Germany drops to zero
According to TechFlow, on September 19, Arkham released the latest government Bitcoin holdings rankings on the X platform. Data shows that the United States tops the list with $12.16 billion in holdings. According to Arkham data, the top four countries and their Bitcoin holdings are: the United States $12.16 billion, the United Kingdom $3.67 billion, Bhutan $782.46 million, and El Salvador $351.75 million. It is worth noting that Germany has dropped from $3.56 billion to zero, becoming a special nomination on the list.
● Terraform Labs receives approval from US court to begin liquidation, expected to pay up to $442.2 million
According to PANews, Terraform Labs received approval from the U.S. Bankruptcy Court to begin liquidation on Thursday. Judge Brendan Shannon approved the bankruptcy plan at a hearing in Wilmington, Delaware. Terraform estimates that as part of the bankruptcy liquidation, it will be able to pay $184.5 million to $442.2 million to cryptocurrency investors and other stakeholders.
In June, Terraform Labs reached a settlement with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $4.47 billion fine. Do Kwon faces criminal charges in both the United States and South Korea, but he denies any wrongdoing.
● The three major U.S. stock indexes opened higher yesterday, with the S&P 500 index hitting a new intraday record high
According to Jinshi, the Federal Reserve's substantial interest rate cuts have taken effect. U.S. stock indexes opened higher yesterday, with the Dow Jones Industrial Average up 1.13%, the S&P 500 up 1.5%, and the Nasdaq up 2.3%. Coinbase rose 5.45%, and MicroStrategy rose 6.63%. Large technology stocks rose across the board, with Nvidia (NVDA.O) up 3.7%, Apple (AAPL.O) up 1.9%, and Microsoft (MSFT.O) up 2.2%. The S&P 500 hit a new intraday record high.
● Japan's core CPI annual rate in August reached 2.8%, the central bank may keep interest rates unchanged
According to Jinshi, on September 20, data released by Japan showed that the core CPI annual rate in August was 2.8%, accelerating for the fourth consecutive month and exceeding the central bank's target of 2%. The outside world expects the Bank of Japan to keep the interest rate unchanged at 0.25% at the policy meeting. Bank of Japan Governor Kazuo Ueda said that if inflation continues to hit the target and wages grow steadily, the central bank is ready to raise interest rates further.
● German authorities shut down 47 cryptocurrency exchanges suspected of money laundering
According to ChainCatcher, German authorities have shut down 47 cryptocurrency exchanges suspected of being involved in criminal activities such as money laundering, saying that these exchanges deliberately failed to fulfill their obligations to conduct identity and background checks on customers. Some of these exchanges include Xchange Cash, 60cek, Baksman, and some other smaller platforms.
