The cryptocurrency market continued to decline sharply in the first week of September, continuing the pattern established over the past three months.
Let's review all the crypto movements of the week with Coin68 to make sure you don't miss any important news!
Top Cryptocurrencies Volatility Compared to 7 Days Ago. TradingView Screenshot at 10:20 AM on 08/09/2024
📌 Coin68 Originals - Must-read article
- Synthetic:
📺 Coin68 TV
- DeFi Discussion ep.163: DeFi yields...are stable?
- Jen's Podcast - Episode 6: 6 Things I Learned About MONEY
- Brain Supplement #33: Warning about 6 scams in crypto
📄 News
Focus 🔥
- ETH erases 2024 growth , Bitcoin drops to $52,500
- Richard Teng: CZ will never be able to return as CEO of Binance, but still has dominating power
- Trump pledges to make the US the “Crypto Capital of the World”, appoints Elon Musk if re-elected
- TVL of reStaking protocols plummeted 50% in the past 3 months
Big Cap 💎
- Ethereum Underperforms Bitcoin by 44% Since The Merge
- Polygon converts Matic Token to POL
- BinanceUnveils BNSOL Liquid Staking Token on Solana
- Daily transactions on Solana drop to 3-month low
- Celestia announces roadmap to increase block size to 1 Gigabyte
- Capital: Balance (30 million USD)
DeFi and Layer 2 🦄
- EigenLayer Announces Stakedrop Season 2
- Euler Finance expects to "revive" with DeFi v2 version
- Synthetix builds SNAXchain app-chain on Optimism Superchain
- DeF protocol fees down 24% for the month, Dip a year-to-date low
- AAVE and Sky (MakerDAO) propose building DeFi alliance
- DWF Labs announces it is developing its own stablecoin
- DeFi protocol Penpie hacked for $27 million
- The community has many questions surrounding the Trump family's DeFi project
Non-Fungible Token, GameFi and Metaverse 🖼 🎮🌐
Large organizations 💰
- Telegram CEOspeaks out for the first time since being arrested in France
- Matter Labs cuts 16% of staff as ZKsync operations lose steam
- Former Mt. Gox CEO prepares to launch new crypto exchange EllipX
Legal and Reception ⚖️
- Does Kamala Harris Really Accept Crypto Donations?
Coin68 synthesis
Join the discussion about the HOTTEST issues of the DeFi market in the Fomo Sapiens chat group with Coin68 admins!!!
