/ News Briefs

September 7 – According to 4E Exchange monitoring, the three major U.S. stock indices fell sharply on Friday.

According to data tracked by CCData, ETH’s order book liquidity has been declining since the debut of nine Ethereum spot ETFs on July 23.

André Dragosch, Head of Research at Bitwise Europe, posted on social media stating that corporate purchases alone have almost absorbed the entire supply of newly mined Bitcoin.

On September 6, Ed Hindi, Chief Investment Officer of Tyr Capital, stated in an interview with Cointelegraph that although September has historically been a bearish month for Bitcoin (BTC), the combination of potential Federal Reserve rate cuts and the relative strength of the U.S. economy could surprise the bears.

Matrixport has released a report noting that Bitcoin’s 30-day realized volatility has recently surged to 62%, surpassing its long-term average of 58%.

Since the launch of nine Ethereum spot ETFs on July 23, the average 5% market depth for ETH on U.S. centralized exchanges (CEX) has decreased by 20%, falling to approximately $14 million.

Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank are set to trial a stablecoin platform aimed at facilitating cross-border transfers.

According to a report by the crypto analytics platform Glassnode, Bitcoin’s price has stagnated, with investor sentiment remaining subdued over the past six months.

According to data monitored by Lookonchain, U.S. Ethereum and Bitcoin ETFs experienced notable net outflows on September 5.

According to CryptoQuant analysts, Ethereum has underperformed Bitcoin by 44% since its transition to a proof-of-stake consensus mechanism.

As of August, Ethereum (ETH) balances on exchanges have seen a significant decline. At the beginning of this year, exchanges held approximately 14 million ETH.

September 3, spot Bitcoin ETFs experienced their largest outflow in nearly four months, with a total of over $287 million exiting the funds.

On September 5, according to data from Coinglass, if Bitcoin drops below $57,000, the total long liquidation across major centralized exchanges (CEXs) could reach $845 million.

QCP Capital published an update on its official channel, stating that U.S. JOLTs job openings data has dropped to its lowest level since January 2021, while layoffs have risen to the highest level since March 2023.

Market data shows that Biden Meme Coin (BODEN) has dropped below $0.03, currently trading at $0.0296, with a 24-hour decline of 29.8%. According to AXIOS, several senior members of the U.S. Democratic Party believe that President Biden might decide to withdraw from the 2024 presidential race as early as this weekend. However, Biden’s campaign aides assert that the President remains unwavering in his decisions.

Google has recently introduced the Coalition, for Safe AI (CoSAI) with founding members such as Amazon, Intel, Microsoft, Nvidia, IBM, Cisco, PayPal, OpenAI and AI startups Anthropic and Cohere.

On July 19th WazirX, a cryptocurrency exchange made an announcement, on the X platform regarding a cyber attack. They have taken measures by reporting the incident to the authorities and initiating proceedings. They have assured the community that they will provide updates on any developments.

Binance CEO Richard Teng mentioned on X that the market is cyclical, and experiencing ups and downs is not uncommon.

Morpheus has recently partnered with the OKX Web3 Wallet. Users now have the ability to stake on Morpheus and access a range of applications within its ecosystem using the OKX Web3 Wallet.

Based on the data, from the Hong Kong stock market at the end of trading today the combined trading volume of six virtual asset ETFs in Hong Kong stood at HKD 11.26 million.

Cybersecurity software company CrowdStrike recently shared on its support platform that they have been receiving reports, about Windows computers encountering screens.

Etherscan data shows that the current supply of ETH is approximately 122,373,866 coins. Among these, around 2,196,666 coins are staked in PoS, and approximately 4,346,348 coins have been burned due to EIP-1559.