Decrypt

European Central Bank Drops Interest Rates Again as Bitcoin, Stocks Bounce Back

The Fed is likely to drop rates next, potentially setting up Bitcoin for another "Uptober" after a shaky start to September.Source link

FOMO HOUR 198 – THE GREAT APE HEIST!

Crypto rises with stocks after CPI falls again. Bitfinex BTC longs continue to grow. SUI again leads L1s, up 18%. FTX estate unstakes $24m SOL, still has $943m. Binance introduces SOL liquid staking. SWIFT introduces infrastructure for RWA transfers. Pendle launches Bitcoin yield pools. UK makes crypto legal property. India leads crypto adoption for second year. Vitalik won’t advertise L2s with multi-sig security. Based rollups seen as alternative future for ETH. Blockchain music start up raises $50m. Ford & Toyota file blockchain patents.Source link

Grayscale Debuts XRP Trust Following Bitcoin and Ethereum ETF Launches

Crypto asset manager Grayscale launched the XRP Trust, a new product giving investors exposure to the Ripple-aligned asset.Source link

Bitcoin Will Hit New High Price If Trump or Harris Wins, Says Analyst—But Bettors Favor Kamala

Kamala Harris has pulled ahead of Donald Trump on Polymarket, but Standard Chartered sees a new Bitcoin peak if either candidate wins the election.Source link

Gary Gensler Under Fire for Alleged Political Favoritism in SEC Appointments

"The SEC appears to be unlawfully considering an applicant’s political ideology when hiring bureaucrats," the lawmakers wrote.Source link