Intrigue is swirling after X’s inaugural Client Council event provided insight into the platform’s ambitions to evolve into “The Everything App,” with many in crypto circles dissecting hints about potential peer-to-peer payment options. While details remain scarce, the event spotlighted X’s vision for enhanced features like video calling and sparked rumors that crypto transaction capabilities…
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Anticipation of a pause in interest rate hikes, spurred by the upcoming Federal Open Market Committee (FOMC) meeting on September 20, stimulated a marked increase in Bitcoin prices earlier today. Bitcoin rose over 3.4% to hit a September high above $27,400 after a stagnant weekend where it held the key $26,000 support level. Some analysts…
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After becoming the recipient of the largest accidental transaction fee in Bitcoin history last week, the F2Pool mining pool showed integrity by returning the 19.82108632 bitcoin, valued at around $510,000, to the Paxos exchange. On Sunday, September 10, Paxos attempted to transfer 0.074 bitcoin, worth around $2,000. However, due to a bug, the transaction fee…
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The market capitalization of cryptocurrencies is currently increasing by 1.24%, reaching $1.035 trillion on September 14, as per data from TradingView. This rise can be attributed to the gains witnessed by top cryptocurrencies like Bitcoin, Ethereum, and Solana, in response to the latest inflation data and increased speculation that the Federal Reserve may suspend interest…
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A standout story in today’s crypto news reports hails from Turkey, where the former CEO of the now-folded Turkish cryptocurrency exchange Thodex has been sentenced to over 11,000 years in jail. Faruk Fatih Özer, who founded Thodex in 2019, received a staggering 11,196-year sentence along with his two siblings and a $5 million fine. In…
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