Published in · 5 min read · Sep 29, 2023
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The top announcements and news from Bitcoin.com for the month of September 2023.
Bitcoin Transaction Accelerator Added
For those of us in a hurry, you can now speed up your Bitcoin transactions with a few taps in the Bitcoin.com Wallet app. Learn more about this new powerful tool in the Bitcoin accelerator announcement post.
Bitcoin.com burned over 289 million VERSE tokens in September, permanently reducing the supply of the Bitcoin.com ecosystem’s rewards and utility token. Get the full details in the September buyback-and-burn summary.
In the 9th partnership/integration overview, the Verse ecosystem showcases consistent growth with 15 new partnerships, integrations, and collaborations. This includes Coinsbee, a B2C platform where you can buy payment cards, mobile top-ups, and Cash2Bitcoin, a Bitcoin ATM company. Read the Partnership/Integration Overview for all of the details.
Understanding trading volume is essential for any trader in the crypto space. Discover why trading volume matters and how you can use it as a powerful trading indicator. Read What is trading volume in our Learning center.
Bitcoin.com’s Head of Financial Services Corbin Fraser participated in a panel on community building in the web3 era for Singapore’s Token2049. Fraser shared insights on leveraging decentralized networks to foster community engagement and create economic freedom.
In the last #VerseFriday, on September 8 the community was updated about the Verse ecosystem, including the 289 million VERSE tokens burned in September as well as details on September’s partnerships. As usual, we gave away VERSE prizes to the engaged #VerseFridays participants.
Follow Verse Community Leader Lord DeFi on Twitter @LordDeFi and join the Verse Telegram community here to be notified of future #VerseFridays.
VerseFridays is being upgraded with a new format! Join the Telegram to be the first to hear the exciting details.
The top stories for each week of September 2023 from Bitcoin.com News.
Court Rules in Favor of Grayscale Against SEC in Bitcoin ETF Conversion Lawsuit
A Washington, D.C. court ruled for Grayscale against the SEC regarding its bitcoin ETF conversion, deeming the SEC’s denial as “arbitrary.”
Just Over Half of Turkey’s Adults Invested in Crypto Assets Between Nov. 2021 and May 2023 — Study
From November 2021 to May 2023, Turkish adult crypto investors increased from 40% to 52%, with young adults seeking a hedge against economic issues.
Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
Cambridge revised its Bitcoin Electricity Consumption Index, reducing Bitcoin’s energy usage estimates for 2021 and 2022.
Get more stories from the week of September 3.
Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?
The crypto community debates changing Bitcoin’s 21 million supply cap, with some open to future adjustments.
Surge in Digital Asset Management: Study Shows Nearly 50% of Asset Managers Now Handle Crypto
Nearly half of asset managers now manage digital assets, expecting growth despite market volatility.
Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency
Out of 56.1 million global millionaires, 88,200 built their wealth via crypto, leading some to consider investment migration.
Get more stories from the week of September 10.
Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs
Facing regulatory challenges and a workforce reduction, Binance US CEO Brian Shroder resigns as the exchange cuts a third of its jobs and experiences executive departures.
India, Nigeria, Vietnam Lead Chainalysis Global Crypto Adoption Index
India, Nigeria, and Vietnam top Chainalysis’ 2023 Global Crypto Adoption Index, highlighting significant crypto investment in lower middle-income countries.
Coinbase CEO Urges DeFi Protocols to Challenge Regulatory Crackdowns in Court
Brian Armstrong, Coinbase CEO, encourages DeFi protocols to legally challenge CFTC crackdowns, arguing such actions could push the industry offshore.
Get more stories from the week of September 18.
Mark Cuban Loses $870K in Crypto Wallet Hack, Peter Schiff Predicts ‘Tragic Ending’ for USD
Dallas Mavericks owner Mark Cuban’s MetaMask wallet was hacked, leading to a loss of $870,000 in various cryptocurrencies. Meanwhile, economist Peter Schiff warns that a “day of reckoning” for the U.S. dollar and economy is imminent.
Economist Peter Schiff Sounds Alarm on Imminent USD Collapse
Peter Schiff, a prominent economist, predicts a dire future for the U.S. dollar, warning of a “tragic ending.” He asserts that the Federal Reserve’s money-printing will eventually lead to a dollar and sovereign debt crisis.
Skepticism Surrounds Rumors of Blackrock’s Shift to XRP
Despite some connections between Blackrock and XRP, the crypto community remains skeptical about the asset management giant pivoting from Bitcoin to XRP. Blackrock is currently awaiting the SEC’s decision on its spot Bitcoin ETF application.
Get more stories from the week of September 28.
