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The three major U.S. stock indices fell across the board, the crypto market plummeted, and stablecoin financial products became potential risk-averse options 🔽

The Na Index fell by 5.77%; the S&P fell 4.25% and the Dove fell 2.93%. The crypto market continued to plummet, with Bitcoin falling more than 10.51% weekly and Ethereum falling more than 13.84% weekly.

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Bitcoin spot ETF total net outflow of $170 million yesterday 💸

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US Bitcoin spot ETF had a net outflow of US$169.9 million yesterday

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JUST IN: 🟠 Bitcoin's hash rate hit a new ALL TIME HIGH 🚀

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Bitcoin empowers us to build a better tomorrow. True wealth lies in responsibility, discipline, and long-lasting value.💥

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✈️ Telegram CEO Pavel Durov’s first statement since last month arrest in France. Tools like Bitcoin and NOSTR are critical. 🚨

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🇺🇸 Federal Reserve gives United Texas Bank ‘cease and desist’ order for servicing Bitcoin and digital asset industry 🪙

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Coinbase, Robinhood Upgraded by Barclays Analyst, Citing 'Matured' Business Models 🔄

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It’s been 176 days since bitcoin’s made a new all time high 👀

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Binance Research August report: 🗞The total market value of the crypto market fell sharply by 13.1%, and the market stabilized on expectations of interest rate cuts

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🪙 Coinbase's crypto lobbying spending has surged 34 times to $2.86 million since 2017

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Yesterday, the U.S. Bitcoin spot ETF had a net outflow of $211.16 million

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BREAKING: 🇻🇪 Leader of Venezuelan Opposition María Corina Machado proposes using Bitcoin as a national reserve asset.

Bitcoin is a "lifeline" and "vital means of resistance" 🙌

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Telegram founder Pavel Durov promises significant improvements to platform regulation after arrest in France👀

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Pavel Durov: Telegram is ready to exit markets that are incompatible with its platform principles✈️

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The total net outflow of Ethereum spot ETF yesterday was $5.984 million🔹

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Wintermute deposited 46,947 ETH to Binance 50 minutes ago, equivalent to $104 million🔸

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Metalpha deposited another 8,088.8 ETH to Binance 30 minutes ago🔹

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Bitcoin fell to $52,551 this morning, a 24-hour drop of 4.27%.

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US judge postpones ruling on Trump's hush money case to November 26👨‍⚖️

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Former U.S. Treasury Secretary: Weak employment brings the Fed one step closer to a 50 basis point rate cut ✂️📉

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Leader of Venezuelan Opposition says "We are grateful for the lifeline that Bitcoin provides and look forward to embracing it in a new, democratic Venezuela." 🇻🇪🪙

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🗞 September 6, 2024 cryptocurrency news highlights

【Cryptocurrency】
UK financial regulator: Only 4 of 35 cryptocurrency registration applications met the standards and were approved

【Economy】
🇻🇪 Leader of Venezuelan Opposition María Corina Machado proposes using Bitcoin as a national reserve asset.

Arthur Hayes: Bitcoin is expected to fall below $50,000 this weekend, and short selling has been carried out

🗞The total market value of the crypto market fell sharply by 13.1%, and the market stabilized on expectations of interest rate cuts

【Indicators】
The percentage of Bitcoin that hasn't moved in over ten years is now at 16.84%

A whale has withdrawn 1,145 BTC from Binance in the past four days, equivalent to about 65.07 million US dollars

Tyr Capital CEO: Bitcoin may close above $60,000 in September

【More】
Hunter Biden to plead guilty to federal tax crimes today, faces up to 17 years in prison👨‍⚖️

The UK's FCA reported an 87% failure rate for crypto registrations by March 31, 2024, with only 4 of 35 approved, including BNXA, PayPal UK, and Komainu.

Pavel Durov: Telegram is ready to exit markets that are incompatible with its platform principles

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🚨BREAKING: Barclays initiates coverage on MicroStrategy with a price target of $146 🙌

“MicroStrategy stock offers unique Bitcoin exposure with built-in capital generation”

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Tyr Capital CEO: Bitcoin may close above $60,000 in September

Tyr Capital Chief Investment Officer Ed Hindi said in an interview with Cointelegraph that although September is usually a falling month for BTC historically, the combination of the Fed's rate cuts and the relatively strong U.S. economy may surprise the bears. He believes that BTC is more likely to stabilize above $60,000 this month than below $60,000.

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Vitalik: There is no plan to invest in Layer 2 or other tokens in the future, and all proceeds will still be used to support the Ethereum ecosystem🔹

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Arthur Hayes: Bitcoin is expected to fall below $50,000 this weekend, and short selling has been carried out

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A whale has withdrawn 1,145 BTC from Binance in the past four days, equivalent to about 65.07 million US dollars💵

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The U.S. court ruled in favor of Coinbase, granting its motion to compel the SEC to provide key information critical to the case.

Coinbase is suing the SEC for failing to provide clear rules on how securities laws apply to cryptocurrencies, arguing that the lack of guidance creates uncertainty and exposes companies to enforcement actions.

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💳 Mastercard launches a euro debit card with Mercury, enabling Bitcoin spending from non-custodial wallets at 100M+ merchants globally. 🚀

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