#september

On October 10, the U.S. Bureau of Labor Statistics released the inflation data for September, with the year-over-year Consumer Price Index (CPI) dropping from 2.5% to 2.4%, moving closer to the Federal Reserve’s target of 2%.

The latest report from the Bureau of Statistics, published on October 4, shows that 254,000 new jobs were added in September.

Bitcoin miners earned approximately $815 million in September 2024, with $801.8 million from block rewards and $13.8 million from transaction fees. This marks the lowest revenue figure in the past year, down nearly threefold from the $2.01 billion peak in March 2024.

As September 2024 comes to a close, Bitcoin seems poised to end the month in the green, showing a 7% gain as of September 30. Historically, September has been a tough month for BTC, but not this time. The last time we saw a back-to-back positive September for Bitcoin was way back in 2015-2016.

Is digital art in decline? NFT sales in September 2024 plummeted by 48% compared to the previous month. Is this a temporary setback or a sign of a new reality?

At the end of September, Ripple got a major update related to its Ripple USD (RLUSD) stablecoin. The blockchain payments company minted 800,000 RLUSD, or 99% of the total supply in 24 hours, according to an X post by XRP Ledger validator Vet.

On September 20, Michael Saylor’s MicroStrategy revealed that it had purchased another 7,420 BTC, with the acquisition totaling approximately $458.2 million.

On September 17, 2024, Microsoft introduced Copilot AI agents aimed at boosting AI efficiency by tailoring to specific user requirements.

After a year-long legal battle, 21-year-old Evan Frederick Light has pled guilty to stealing over $37 million in cryptocurrency. The final hearing was held on September 30 in South Dakota, with the official report published by the U.S. government on October 1.

From September 23 to 29, cryptocurrency startups and projects raised $236 million in investments. Which sectors are driving the success of these crypto startups, and where did venture capitalists invest a quarter of a billion dollars?

Powell’s Speech - Today, on September 30, Federal Reserve Chair Jerome Powell will be delivering his latest briefing.

On September 28, during the 2024 Tsinghua PBC Chief Economist Forum in Beijing, Zhu Guangyao, former Vice Minister of Finance, urged Chinese authorities to reconsider their approach to cryptocurrencies, warning that the U.S. could take the lead in this sector.

On September 24, SEC Chair Gary Gensler appeared before the U.S. Congress, where he faced sharp criticism from several lawmakers and even some of his colleagues. A particularly pointed remark came from Tom Emmer, who called Gensler the most destructive chairman in SEC history.

On September 18, the U.S. Federal Reserve announced a 50 bps reduction in its benchmark interest rate, bringing it down to 5%.

On September 16, Donald Trump participated in a livestream on X focused on his sons' DeFi project, World Liberty Financial. During the meeting, Trump made a bold statement.