Binance Surges with $1.2B Net Inflow Amid Turbulent Market
Binance 
Crypto Binance has received a net inflow of $1.2 billion in 24 hours which is one of the highest single-day inflows for 2024, indicating strong investor confidence.
Cryptocurrency
Metaplanet to Raise ¥10.08 Billion for Bitcoin Acquisition Amid Growing Investor Interest
Metaplanet to raise ¥10.08 billion for Bitcoin acquisition, offering Stock Acquisition Rights to shareholders for strategic growth.
Shiba Inu Surges While Global Markets Plummet
Dogecoin Amidst the major global market crash, Shiba Inu’s resilience is shown as it surpasses Avalanche in market cap and outperforms other meme coins.
Ethereum’s 48% Price Plunge: Bearish Market Cap Correlation and RSI Signal Major Sell-Off
Ethereum (ETH) faces a 48.47% price drop and bearish momentum, with significant declines in market capitalization and technical indicators.
SEC Seeks Court Dismissal of Coinbase’s Subpoena Request
SEC opposes Coinbase’s subpoena for internal documents on crypto regulation, calling the request irrelevant and overly broad.
BlackRock and Fidelity’s Crypto Moves Defy Market Panic Selling
Hedge funds increase Ethereum and Bitcoin ETF holdings, signaling institutional confidence despite retail panic selling.
Rho Markets Faces $7 Million Exploit Amid Ethereum Layer 2 Expansion
Rho Markets, a major Ethereum Layer 2 protocol, suffers a $7.5 million exploit due to an Oracle misconfiguration, affecting user funds.
USA Senators Introduce Bill to Bolster Secret Service’s Cryptocurrency Oversight
Senators propose a bill to expand Secret Service powers against crypto crimes, targeting unlicensed transactions and enhancing financial security.
Swan Bitcoin Cancels Pacific Bitcoin Festival Amid Staff Cuts, Focus Shift
Swan Bitcoin cancels its October conference in California following staff cuts and a mining shutdown. Focus shifts to core business operations.
Genesis Global Pays $1.5 Billion to Creditors in Massive Crypto Settlement Following FTX Collapse
Genesis Global moves $1.5 billion in Bitcoin and Ethereum for creditor repayment, marking a significant recovery step in the crypto sector.
Tron’s Justin Sun Denies Liquidation Rumors
Justin Sun launches a $1 billion fund to combat fear in the crypto space, denying rumors of his positions being liquidated.
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