Bitcoin, the largest cryptocurrency by market cap, has continued its rally since the start of the week, breaking above $63,000. Bitcoin reached a high of $63,526 in Thursday’s session, marking its third straight day of gains since September.
As usual, Michael Saylor, the chairman and co-founder of MicroStrategy, has reacted to this bullish Bitcoin rally. In a recent tweet, Saylor made a playful but poignant statement: “Eat a Bitcoin Burger.”

Shibarium, the layer 2 network of the Shiba Inu ecosystem, has seen a massive increase in transaction fees over the past 24 hours. According to data from Shibariumscan, the total number of BONE tokens used as gas fees has risen from 15.67 to 317, a staggering 2,024% increase.
For those who don't know, BONE is the native token in the ecosystem around the meme-inspired cryptocurrency Shiba Inu, and is used as fuel for transactions on the Shibarium network.

Bitcoin price surged immediately after the US Federal Reserve's decision to cut interest rates by 50 basis points on Wednesday.
The Federal Open Market Committee (FOMC) did what many economists and traders expected, cutting the federal funds rate to a range of 4.75% to 5.00%.

The US Federal Reserve cut interest rates by 50 basis points, the first cut by the world's most important central bank in four years.
Bitcoin, the leading digital currency, has reached $60,900 on the Bitstamp exchange after a sharp price surge.
The Federal Reserve kept observers guessing about the size of the rate cut until the last minute.

Traders on the Chicago Mercantile Exchange (CME) have increased short positions on Bitcoin futures ahead of the U.S. Federal Reserve’s upcoming interest rate decision, according to analysis by David Zimmerman of K33.
These moves indicate a cautious approach in the market, as the Federal Open Market Committee (FOMC) is expected to announce its decision on interest rates today at 2 p.m. ET.

JPMorgan Chase CEO Jamie Dimon said his bank — the largest in the United States — is probably one of the biggest adopters of blockchain technology, in an interview at the Financial Markets Quality Conference on Tuesday.
“We’re probably one of the biggest users of blockchain, as an actual user, as a real user,” Dimon said when asked about innovative technologies like blockchain and artificial intelligence. “It’s just a database.”

On the eve of the US Federal Reserve’s first interest rate cut since 2020, major cryptocurrency prices are seeing a significant rise, and investors are evaluating the best cryptocurrencies to buy right now.
Bitcoin (BTC) last traded around the $61,000 level, posting strong gains during U.S. trading.

BlackRock's IBIT fund saw its first positive inflows since August 26 on Monday, hitting $15.8 million.
This was the longest period without positive flows since U.S.-based Bitcoin ETFs began trading in January, with 11 trading days with no flows and two with negative flows.
Despite this drought, BlackRock's product still dominates its competitors, generating $20.9 billion in total net inflows.

Republican presidential candidate Donald Trump helped officially unveil World Liberty Financial on Monday night, a DeFi (decentralized finance) project that plans to sell a non-transferable governance token called WLFI.
“Cryptocurrency is big but it’s still in its infancy compared to what it’s going to be… I think my kids opened my eyes,” Trump said.

WalletConnect, a Web3 communications protocol that connects crypto wallets to decentralized applications, is launching its native Connect Token (WCT) on the Optimism OP Mainnet, with plans to distribute 185 million tokens.

Users can sign up for the free distribution starting September 24, and allocation will be determined based on interactions with WalletConnect or contributions to open source projects.

Ripple (XRP) price looks set to rally soon after its weak performance in recent weeks, especially with large investors (whales) returning to the currency. Ripple’s price has fallen by 2% in the past 24 hours to $0.574, affected by the cryptocurrency market’s losses of 3% after a strong performance at the end of last week. Despite the decline, XRP, the seventh-largest cryptocurrency, is still gaining 8% in a week, 1.5% in the past month, and 15% compared to the past year.

Financial market traders have raised the odds of a 50 basis point cut in US interest rates to 63%, while the market is widely divided over the Federal Reserve's next decision.
Forecasts range widely between a quarter-point or half-point cut, reflecting uncertainty rarely seen since the financial crisis.