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1Bitget Daily Digest（September 24）｜Tether seeks $20 billion private placement; SEC plans to launch mechanism by end of 2025; Global central banks may add Bitcoin to reserves within five years2When 10 billion sell-off pressure meets the 45% burn proposal, the Hyperliquid valuation battle escalates3Will Bitcoin Crash? ETFs Outflows vs Gold Breakout Hype
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Flash
- 06:10dYdX: Major announcement to be released todayOn September 24, dYdX announced that a major announcement will be released today.
- 06:03Analyst: The market has entered a corrective range-bound pattern, and the current rebound is more of a temporary recovery.Jinse Finance reported that Cryptoquant analyst Axel Adler Jr released a market analysis stating that the market structure has changed. The composite index has fallen below the -0.4 threshold, indicating that bears are dominant. At the same time, the difference between the fast and slow EMA is negative, and both the trend and price are located below the 21-day Donchian Channel. The market has entered a corrective range-bound mode, and the current rebound is more of a temporary recovery rather than a trend restart. Within the channel, the key support is at $109,500. If this level holds and the structure is pushed back above zero, the bullish pattern will be restored, and there is potential to retest $117,700.
- 05:38Catholic Church accountant in South Korea embezzles hundreds of millions of KRW in donations to invest in cryptocurrency; police apply for arrestJinse Finance reported that an accountant at a Catholic church in South Korea embezzled hundreds of millions of Korean won in donations to invest in cryptocurrency, and confessed his crime to the priest. Police have launched an investigation. On the 24th, the Mokpo Police Station in Jeollanam-do stated that they had applied for an arrest warrant for Mr. A, who is in his 60s, on suspicion of occupational embezzlement. Mr. A is suspected of repeatedly misappropriating a total of about 480 million Korean won in donations from July last year to last month. As the person in charge of financial management, Mr. A pretended to settle the fundraising money for church construction normally, but actually transferred the funds to accounts belonging to his acquaintances. According to the investigation, Mr. A invested these funds in cryptocurrency and ended up losing all of it.