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  • Writer's pictureAbi

Daily #Web3 Market

02 Sep 2024



Bitcoin Drops Toward $57.5K, Extends Weekly Loss to 10% at Start of Seasonally Bearish September

Memecoin DOGE led losses among major tokens with a 5% slide in the past 24 hours ahead of the Labor Day holiday in the U.S. Read more


OKX Brings Update to Ease Bitcoin Arbitrage

The new offering allows traders of varied experience levels to maximized returns through market-neutral bets. Read more


Cardano’s Chang Hard Fork Goes Live, Introducing On-Chain Governance

The highly anticipated upgrade markes the ecosystem's long-planned shift towards decentralized governance. Read more


Crypto execs plan to raise $100K for Harris at fundraiser: Report

A group of crypto industry players want to persuade Kamala Harris to soften on crypto as she maintains a slight lead in national polling over Donald Trump. Read more


Bitcoin miners see worst revenues in 11 months as difficulty climbs

August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year. Read more


Windows previews ‘Intelligent Media Search’ that transcribes videos and audio

The feature could be very useful, but privacy analysts have raised concerns over its reach. Read more


Bitcoin is capped at $60K, but LTC, FET, MNT and AAVE show promise

Traders could be waiting for Bitcoin to bounce off the $55,724 support opening positions in LTC, FET, MNT and AAVE. Read more


Area 51 for AI? US gov secures early access to cutting edge models

It’s unclear whether the government would be required to inform the general public in the event an AI model becomes sentient. Read more


Bitcoin loses 8.6% in August as September starts with fresh 2-week low

BTC price conditions fail to improve over the weekend, and liquidity grabs could be on the menu next, one Bitcoin trader suggests. Read more


Canadian court orders $1.2M Bitcoin loan repayment

The Supreme Court of British Columbia has ordered $1.2 million in damages to be paid in a Bitcoin-related loan dispute, reflecting the growing legal acceptance of cryptocurrencies. Read more


Are Vitalik Buterin’s $10M Ethereum sales bad news for ETH bulls?

Buterin’s recent transfer of 1,100 ETH to exchanges coincides with the Ethereum Foundation’s Ether sales worth over $200 million. Read more


Crypto losses to hacks exceed $313M in August

The two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million. Read more


Major Ripple v. SEC Lawsuit Development Coming This Week? (XRP Community Speculates)

Check out what might happen this week on the Ripple v. SEC front. Read more


Bitcoin’s Range-Bound Stalemate Signals Imminent Big Move, Analysts Warn

The longer Bitcoin markets remain range-bound, the more likely a larger magnitude move ahead will occur, and analysts are eyeing one. Read more


Could ADA Be 2024’s Solana (SOL) After Cardano Chang Upgrade?

Cardano’s Chang hard fork was completed on Sept. 1. ADA markets have already rewarded the network, but there could be a long-term rally in store. Read more


How Will Crypto Markets React to This Week’s Key Jobs Data?

This week’s United States economic calendar is a short one but busy in terms of data and reports with the primary focus being on jobs and employment. Read more


5 Bearish and 4 Bullish Factors for Bitcoin (BTC) in September

Bitcoin has mostly kept its footing around $60,000 since March, although bulls have failed to capture new ground. What does September hold for BTC? Read more


Political-Themed Tokens Surged 780% This Year, Outperforming Meme Coins

Politically-themed tokens have been on fire in 2024, outperforming regular meme coins and the wider crypto market. Read more


AI Expert Asks: Is Bitcoin Too Big to Fail? (opinion)

Artificial intelligence expert Dr. Peter Diamandis recently posed the question, "Is Bitcoin too big to fail now?" in light of recent developments. Read more

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