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  • Writer's pictureAbi

Daily #Web3 Market

09 Sep 2024



Crypto Exchange Woo X Introduces Copy Trading, With a Twist

The exchange’s version of social trading comes with a countertrade feature as well as more transparent and equitable profit sharing. Read more


Bitcoin ETFs record combined $1.2B in outflows in 8 days

Despite the outflows, crypto ETFs outshined the over 400 new ETFs in 2024, with the four biggest launches being spot Bitcoin ETFs. Read more


Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO

Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of onchain tools are needed for wider ETF adoption. Read more


Bitcoin ‘could very well catch fire’ as next generation of investors mature

Economist and podcast host Suze Orman is bullish on Bitcoin but said ETFs are the way to go. Read more


Elon Musk: ‘first Starships to Mars will launch in 2 years’

He says crewed missions will begin within 4-6 years depending on whether certain economic and technological challenges can be overcome. Read more


Bitcoin analyst sees 'biggest bull cycle' with $45K now BTC price floor

BTC price is due some "final corrections" before going on a bull run lasting at least two years, says crypto entrepreneur Michaël van de Poppe. Read more


Tether invests $100M in agriculture firm as stablecoin competition grows

This is Tether’s first investment in the agriculture and food sector, after investments in artificial intelligence, Bitcoin mining operations, and digital education initiatives. Read more


Stacks’ smart contracts reach record high ahead of Nakamoto upgrade

Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability. Read more


Arthur Hayes predicts Bitcoin rally after closing short position

Bitcoin could start its rally next week on a potential liquidity injection in the world’s largest economy. Read more


Merlin Chain Emerges as Bitcoin’s Largest Layer 2, Surpassing $1.2 Billion TVL in Just Six Months

Merlin Chain, a revolutionary Bitcoin Layer 2 platform, has achieved unprecedented milestones in just six months, solidifying its position as the largest Layer 2 in the Bitcoin ecosystem. With a Total Value Locked (TVL) surpassing $1.2 billion and bridge transactions exceeding $16 billion. Read more


Ripple (XRP) to Outperform Bitcoin’s Price Under This Condition: Analyst

The cryptocurrency market has been in a state of decline throughout the past few months. The total capitalization hovers slightly above $2 trillion, but one analyst has come up with an interesting comparison, claiming that XRP might be able to outperform BTC.  Read more


Bull Market Still Intact, Analysts and Traders Unfazed by the Bitcoin Price Dip

Bitcoin continues to weaken as it has done gradually over the past six months, but analysts remain unfazed, asserting that the bull market is still intact. Read more


3 Things That Could Influence Crypto Markets This Week

A busy week lies ahead on the United States economic calendar with the last batch of inflation data before the Federal Reserve’s interest rates decision. Read more


German Memecoin OceanDoge Launches with a Focus on Ocean Preservation

OceanDoge, a German-based cryptocurrency project, has announced the official launch of its token presale, offering a unique opportunity to participate in a blockchain initiative that combines digital asset development with marine conservation efforts. Read more


Weekly ETF Recap: Bitcoin Sees Longest Negative Streak, Ethereum Demand Missing

The AUM of all BTC ETFs have dumped below $50 billion. Read more

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