Bitcoin and other digital assets usually have a rough September—but soar in October. The Fed's rate cuts might have just sped things up.

Standard Chartered predicts a sustained boost for bitcoin following the Fed's recent rate cut, driven by favorable macro conditions.

Hut 8 and Bitmain have announced the launch of the Antminer U3S21EXPH, an ASIC miner featuring direct liquid-to-chip cooling within a U form factor. Hut 8 plans to deploy this model in the second quarter of 2025 through a hosting agreement that could expand its hashrate under management to approximately 33.5 exahash per second (EH/s).

The Federal Reserve has initiated its long-anticipated easing cycle, potentially setting the stage for a bullish trend in risk assets, including Bitcoin (CRYPTO: BTC) and other cryptocurrencies, according to industry experts. What Happened: Economist and crypto analyst Alex Krüger took to his X account to highlight the Fed's decision to implement a 50-basis point cut while projecting an additional 50 basis points of cuts for 2024.

As came to light thanks to data from Whale Alert, a huge withdrawal of over half a billion dollars worth of Bitcoin (BTC) has stunned top exchanges within the last hour.

Bitcoin soared past $63,000, marking a 6.5% increase in just one day, driven by recent US economic data and the Federal Reserve's rate cut.

Cryptocurrency analyst and trader Ali Martinez, known on the X platform as simply Ali, has taken to his social media account to share that the largest meme cryptocurrency by market cap value, Dogecoin, is likely preparing to break out soon.

As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative strategies to maximize their Bitcoin holdings. What Happened: What began with MicroStrategy's (NASDAQ:MSTR) decision to include Bitcoin in its corporate treasury has sparked a wave of similar moves by companies like Cathedra Bitcoin (OTC:CBTTF), Metaplanet and Semler Scientific (NASDAQ:SMLR).

The Federal Reserve announced an aggressive 50 basis point (bps) cut, bringing interest rates down to a target range of 4.75%–5%. This marks the first cut in four years and has significant discussions on how it might impact financial markets, particularly Bitcoin.

The Federal Reserve's latest rate cut has sent Ethereum (ETH) soaring. Trading at $2,428 as of this writing, the altcoin's value has spiked by over 5% in the past 24 hours.

In a nod to its long-standing free market teachings, Howard Winklevoss donates $4M in Bitcoin to Grove City College.

The decision to split up the upgrade wasn't unexpected. Developers had been discussing previously that Pectra was becoming too ambitious to ship all at once, and expressed desires to split it in order to minimize the risk of finding bugs in the code.

Core told Decrypt it's planning to roll out Bitcoin yield ETFs in the U.S. "as soon as regulatory frameworks allow it.”

How does Bitcoin's behavior differ from traditional investment assets?

It was a sea of green in the cryptocurrency industry after the jumbo interest rate cut by the Federal Reserve. Bitcoin (BTC) led the gains, cruising above the important resistance point at $63,000 for the first time since Aug. 27.

Ethereum is seeing an increase in network demand after it added more capacity with network fees up from the base minimum of 1 gwei to currently about 25 gwei for a simple transfer.

Vet, the cofounder of xrpcafe and an XRPL dUNL validator, shared in a recent X post Ripple CTO David Schwartz's perspective on the introduction of smart contracts on the XRP Ledger (XRPL).

Grayscale's XRP Trust achieves 11.44% NAV growth amid rising institutional interest.

Bybit's support for Ethereum's Attackathon underscores the growing emphasis on security and innovation in the crypto industry. The post Bybit backs Ethereum's first Attackathon with 75 ETH commitment appeared first on Crypto Briefing.

Bitcoin has taken a sudden surge in the last 24 hours. Being in the month of September, Bitcoin showing this bullish momentum is a great sentiment for bitcoin enthusiasts.

Dogecoin (DOGE), the memecoin known for its Shiba Inu mascot, has witnessed a significant increase in network activity. Over the past week, transactions surpassed 1.93 million, according to data from IntoTheBlock, positioning DOGE above other popular tokens such as Shiba Inu (SHIB), Floki (FLOKI), and Pepe (PEPE).

On a larger scale, Ethereum's price has been declining, almost clearing all of its gains since the beginning of 2024. Yet, things might be about to change soon, which was hinted at in the developments in the past 24 hours.

A “smart” crypto whale recently offloaded millions of dollars worth of Bitcoin (BTC) after months of dormancy, according to the digital asset tracker Lookonchain. Lookonchain notes the whale sold 200 BTC worth $11.6 million earlier this week after not touching its Bitcoin holdings for five months.

Dogecoin could be gearing up for another major surge in price as the meme coin's chart shows the formation of a major pattern. The Golden Cross pattern is a major bullish formation on a chart that usually precedes a notable rally for digital assets such as DOGE.

Bitcoin and the rest of the crypto market have been trading sideways for the better part of the year now. However, the tide is starting to turn as there could be a recovery trend for the crypto market very soon.

Solana Mobile has announced the release of a new smartphone — Solana Seeker.

The state has already received a fine paid to the Louisiana Department of Wildlife and Fisheries via the Bitcoin Lightning Network.

Increasing activity for DOGE: over 1.93 million weekly transactions

Solana Mobile announced the Seeker, its second-generation web3 smartphone, set for release in 2025 with over 140,000 pre-orders globally.

A Ripple-associated wallet has recently moved 100 million XRP as it transferred 19.7 million tokens to the Bitso exchange. This transaction valued at around $57.9 million was noticed by tracking platform Whale Alert. The transfer coinciding with Ripple's ongoing regulatory challenges has ignited concerns among the community. After the initial transfer of the wallet, rhWt..

Solana Mobile, a subsidiary of Solana Labs, announces the launch of "Seeker," its second crypto-focused smartphone, scheduled for 2025. This new generation promises significant advancements over the Saga model, its predecessor.

Bitcoin short-term holder supply has fallen to multi-year lows, potentially limiting a price breakout, an analyst said.

Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve's decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%.

Solana mirrors Ethereum's position from three years ago. If the trend persists, SOL could eclipse ETH's market cap.

With the recent rate cuts by the United States Federal Reserve (‘Fed') providing a bullish trigger for the price of Bitcoin (BTC), the maiden cryptocurrency has managed to cross the critical level at $60,000 and continue upwards, and artificial intelligence (AI) algorithms have turned bullish.

FIDA and MEW, cryptocurrencies based on the Solana blockchain, saw noteworthy positive sentiment on Thursday as they secured vital listings. Solana Name Service (FIDA) secured a listing on Binance, whereas cat in a dogs world (MEW) scored a listing on Upbit.

Sei, the layer-1 blockchain for high-frequency crypto trading, saw its native token's price jump more than 23% in 24 hours as top altcoins rallied alongside Bitcoin. On Sept. 19, Sei (SEI) rose from lows of $0.26 to hit $0.

Solana has been among the closely monitored tokens, due to which the volatility of the token has remained above the range. Although the volume remains within the average range, the possibility of reaching the upper targets has emerged.

The ongoing price recovery of Ethereum (ETH) might be derailed if investors price in a likely dump from the coin's Initial Coin Offering (ICO) era. Per data from crypto analytics platform Lookonchain, 10,000 ETH is on the line if this whale chooses to sell.

The supply of Ethereum on centralized exchanges has remained stagnant since March this year, despite the approval of US spot Ether ETFs.

A recent conversation within the XRP community has ignited new speculation about the token's potential future price. The discussion was a bold prediction from Crypto Tank, a prominent cryptocurrency analyst, who suggested that XRP could hit an astounding $100 if it captures just 10% of the daily transaction volume processed by SWIFT, the Society for Worldwide Interbank Financial Telecommunication.

Solana Labs subsidiary, Solana Mobile, has unveiled the Seeker, its second-generation web3 smartphone set for release in 2025 during Token2049. Emerging from its “Chapter Two” stealth phase, the device has secured over 140,000 pre-orders across 57 countries.

The Federal Reserve's unexpected rate cut sent shockwaves through the financial markets, propelling Bitcoin to new heights.

Cryptocurrency Price Today: The crypto industry has commenced its day on a bullish note, such that the fear & greed index now shows a neutral score of 44. The global market cap has risen by an impressive 4.48% to claim $2.16T.

Ex-POTUS and newly minted decentralized finance (DeFi) impresario Donald Trump made a campaign stop at a New York hangout famous for accepting Bitcoin (BTC), becoming the first former or sitting United States President to send a BTC transaction publicly.

Louisiana has officially accepted its first crypto payment, marking a significant step in the state's adoption of digital currencies for government services.

BlackRock's iShares Bitcoin Trust continues to outperform its peers, attracting steady inflows amidst market volatility.

Solana Lab's phone-making unit Solana Mobile has just unveiled its newest, shiniest smartphone, “Seeker”, which brings various enhancements over the company's first mobile phone Saga — at less than half the price.