Cryptocurrency news digest overnight September 17, 2024
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Johny Smith
2024/10/09
3 mins read
The past 24 hours have passed in the digital asset market under the auspices of relatively low volatility. The leader in growth over the past 24 hours was the Ripple coin, which added about 2.9% in price. It should be noted that spot Bitcoin ETFs have broken their streak of outflows. Over the past 24 hours, they have raised just under $13 million from investors. If we talk about industry funds on Ethereum, they continue to lose capital.
- Bitcoin holds below $60,000
- Tokens associated with Donald Trump responded to the assassination attempt
- The Central Bank of the Russian Federation considers cryptocurrencies a risk factor for the economy
- Tether USD dominates the stablecoin market
- Ex-head of Celsius could be jailed for 115 years
Bitcoin holds below $60,000
During yesterday’s trading, the main digital coin was able to gain a foothold above the $57,500 area. However, there are still no prerequisites for Bitcoin to be ready to confidently retest the round $60,000 mark. This situation is due to the fact that investors remain cautious ahead of the Fed meeting.
Tokens associated with Donald Trump responded to the assassination attempt
On Sunday, September 15, another assassination attempt was made on the life of Republican presidential candidate Donald Trump. This situation was also reflected in the tokens associated with his name. For example, trading volumes for the TRUMP2024 asset fell by more than 55% per day.
The Central Bank of the Russian Federation considers cryptocurrencies a risk factor for the economy
Representatives of the Central Bank of the Russian Federation once again noted that the intensive distribution of digital assets can become a strong risk factor for the national economy. According to experts, without systemic regulation, the trend towards using cryptocurrencies as a means of payment is intensifying.
Tether USD dominates the stablecoin market
USDT remains the undisputed leader in the digital assets segment. Currently, its market share has reached 75%, so this stablecoin can to some extent be considered a monopolist.
Ex-head of Celsius could be jailed for 115 years
The former CEO of the Celsius site, Alex Mashinsky, filed a request to obtain evidence from several ex-employees of the organization. This is part of a campaign to prepare for court hearings. If Alex Mashinsky is found guilty, he could face up to 115 years in prison.
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