✅ September begins a month known for a choppy market before taking off in October (aka Uptober). Last week the market once again failed to break above the $64k level and corrected to $57.7k 📉

Weekly news digest:

💎 Crypto

🔸 The stablecoin market capitalization has reached a new ATH of $168 billion

🔸 Maker DAO has rebranded as Sky 🌥

🔸 Eric Trump, son of U.S. President Donald Trump, announced the launch of his DeFi project WLFI 

🔸 TON blockchain had two network outages

🏦 Crypto exchanges

🔸 Nasdaq seeks SEC approval to start trading Bitcoin options

🔸 Richard Teng, CEO of Binance, issued an appeal to Nigerian authorities to release Tigran Gambaryan

💵 Finances and Economy

🔸 Due to the arrest of Pavel Durov, the UAE froze the contract for the purchase of 80 fighter jets from France

🔸 Russia will use a national payment card system to exchange rubles and crypto on September 1

🔸 China’s central bank announced it kept its key policy rates unchanged

⚖️ Law and Order

🔸 A Supreme Court justice ordered social media platform X suspended in Brazil

🔸 U.S. federal court dismissed a Dogecoin lawsuit against Elon Musk and his company Tesla

🔸 Police in South Korea have arrested the leader of a $12 million crypto scam 🇰🇷

🔸 SEC issues Wells Notice to NFT platform OpenSea, threatening to sue, citing NFTs on the platform as securities

 🗣 Personalities

🔸 Billionaire Warren Buffett's Berkshire Hathaway has sold $981.9 million worth of Bank of America shares
 
🔸 Pavel Durov was arrested in Paris, later released on bail 👮

🔸 French football star Kylian Mbappe's Twitter account was hacked and promoted scam token MBAPPE

🚀 Best performers of the week:

Helium - $7.33 (↑16.3%)
Leo Token - $5.84 (↑0.7%)
Monero - $170.1 (↑0.4%)

September is coming, historically this month is bearish for BTC. Will this year be an exception due to the expected Fed rate cut? Time will tell 🤷‍♀️

Binance announced that it has completed the Frontier (FRONT) token swap and rebranding to Self Chain, $SLF 🥤

Digital asset investment products saw a total net outflow of $305 million last week, just like BTC and ETH spot ETFs 🌡

Vitalik Buterin said that he hasn't sold any ETH and kept the proceeds since 2018. All sales have been to support various projects 🕔

🔹 Last 24 hours top 3 gainers:

Helium - $7.46 (↑7.09%)
Uniswap - $5.96 (↑3.62%)
Fasttoken - $2.5 (↑2.82%)

#GM

‼️ If you are a trader, read this

Many people have no idea how hard and stressful trading really is. For those who are struggling with trading, here are nine tips for you:

🔹 Knowledge is power. Keep yourself informed about news and events. For example, it's very important to understand what the Fed is planning to do because the US economy has a huge impact on the crypto market.

🔹 Set aside funds. Determine the amount of capital you're willing to risk. Close your eyes and imagine that you just lost 100% of your trading capital, if you feel that after losing it your life is over, that means you are overallocated, you need to decrease the risk.

🔹 Be serious about trading. Dedicate enough time to day trading. If you're serious about it, it's worth treating it like a job, not a fun hobby.

🔹 Narrow down your attention. Don't spread your attention across many different assets, you should always be on the lookout, but it's better to focus on a few that you understand the best.

🔹 Avoid unnecessary risks. Stay away from low cap, illiquid shitcoins. Trying to get 10x by buying a random 7-day old meme coin isn't trading, it's gambling with bonus steps.

🔹 Learn to do nothing. Observe the market before making moves. It's not necessary to always have an open trade, sometimes it's better to just sit on your hands and wait for a good entry/trend/trading setup.

🔹 Manage risks. Use limit orders to control losses and take profits. If you are spot trading, you should always have sell limit orders, if you're trading on futures, always use stop-loss.

🔹 Be realistic about profits. It's almost impossible to pull off one 100x trade, but it's very possible to do seven 2x trades over the long run.

🔹 Stick to the plan. Be consistent with your trading strategy. If you don't have a strategy, develop one, if you can't stick to your strategy - you shouldn't be trading at all.

📌 Save this list of tips for later and share it with a friend

#trading_tips

Top 10 token unlocks in September 🔐

The total value of tokens unlocked this September will exceed $356.46 million. SUI has performed very well relative to most altcoins over the past month, but upcoming major unlocks could change that 👇

• Aptos (APT) — $76.78M
• Sui (SUI) — $69.96M
• Arbitrum (ARB) — $48.64M
• ImmutableX (IMX) — $45.68M
• ZetaChain (ZETA) — $28.87M
• SPACE ID (ID) — $28.23M
• Velo (VELO) — $26.09M
• StarkNet (STRK) — $23.03M
• Moca (MOCA) — $20.13M
• Neon Labs (NEON) — $19.05M

#unlocks

The whales are once again buying ETH longs on the Bitfinex exchange. Few know this, but these guys are a good signal of where the market is going in the coming weeks/months 🔍

The last time they were so aggressive in longing on Bitfinex, we had news about spot ETH ETFs, after which ETH pumped by $1,000 in less than a month 📈

✅ This week's slew of U.S. economic data will determine whether the dollar continues to weaken, so far crypto and stock market had a pretty good day, especially for ETH 📈

Daily Digest:

🔸 Qatar officially introduces a regulatory framework for digital assets

🔸 Digital asset investment products saw a total net outflow of $305 million last week, just like BTC and ETH spot ETFs 🔽

🔸 Binance has completed the Frontier FRONT token swap to SLF and rebranding to Self Chain

🔸 Vitalik Buterin said that he hasn't sold any ETH and kept the proceeds since 2018

🔸 The SEC said that it may challenge any transactions of distributions involving crypto assets to FTX creditors 🎎

🔸 Crypto exchange reserves hit a multi-year low of $139.86 billion

🔹 Prices:

🥇 Bitcoin - $59,214 (↑1.7%)
✨ Ethereum - $2,549 (↑2.5%)
🧪 S&P 500 - 5,648 (↑1.01%)
🕗 DXY - 101.66 (↓0.04%)
🌉 Gold - 2,499 (↓0.16%)

The new Ethereum logo goes hard 😅✨

Is CoinMarketCap lagging? Or is it the real price? 😨

Hamster Kombat token HMSTR will likely be listed on Bybit CEX 🐹

Tigran Gambaryan, the Binance executive who has been detained in Nigeria since February, limped into an Abuja courtroom, “I’m not okay, this is f*cked up,” Gambaryan said. Binance CEO calls for this to end 🤪

The hacker behind the WazirX breach has started moving millions of dollars in user assets through Tornado Cash following the Indian exchange's $230 million exploit on July 18 📊

Ethereum L2 project Scroll released a video hinting at the upcoming token issuance and airdrop 😡

🔹 Last 24 hours top 3 gainers:

MANTRA - $0.996 (↑10.45%)
dogwifhat - $1.6 (↑9.42%)
Aave - $132.05 (↑8.44%)

#GM

The official X account of the Catizen Telegram game is teasing us with something big in 18 days 👀

Are you playing Catizen? If no, there is still time to farm some tokens, read this post to start 😺

U.S. trading sessions begins and the market is falling again 📉

No, seriously, every time the New York Stock Exchange opens, bitcoin drops a few percent 🔍

✅ Once again, the crypto market is falling after the opening of trading on the NYSE, this time not by much, but the attempt to get to $60k was once again unsuccessful 👍

Daily Digest:

🔸 World Liberty Financial DeFi project backed by Donald Trump is built on Dough Finance code, an app that was previously hacked, by a team that worked on that project

🔸 Hamster Kombat token HMSTR will likely be listed on Bybit CEX 🐹

🔸 Binance CEO calls for Tigran Gambaryan to be freed from Nigerian prison

🔸 Ethereum L2 project Scroll released a video hinting at the upcoming airdrop

🔸 The hacker behind the WazirX breach has started moving millions of dollars through Tornado Cash 🌪

🔸 Matter Labs behind ZKSynk blockchain has fired 16% of its employees

🔹 Prices:

🥇 Bitcoin - $57,956 (↓1.9%)
✨ Ethereum - $2,459 (↓3.3%)
🧪 S&P 500 - 5,528 (↓2.12%)
🕗 DXY - 101.77 (↑0.12%)
🌉 Gold - 2,492 (↓0.01%)

Crypto traders don't worry at all, chill job 😅

September? It's more like SeptemBear...

Markets are dumping this morning with BTC losing a $57,000 level 🔽

Bank of Japan Governor Kazuo Ueda reiterated that the central bank will continue to raise interest rates if the economy and prices perform as expected by the BOJ 🇯🇵

Galois Capital Management, which famously shorted the Terra system before its collapse, has settled charges with the SEC because it held assets at FTX 🎎

Mark Karpeles, the former CEO of the bankrupt crypto exchange Mt. Gox, will launch a new crypto exchange called EllipX this month 😨

🔹 Last 24 hours top 3 gainers:

Bitcoin SV - $44.89 (↑3.99%)
Helium - $7.45 (↑2.51%)
Fasttoken - $2.54 (↑1.78%)

#GM

Crypto market sentiment is now in fear 😨

As the saying goes: "Be fearful when others are greedy, and be greedy when others are fearful."

Are you buying? If not, what are your price targets? 🤔

Michael Saylor, whose company now holds 226,500 bitcoins, posting about BTC maxis working at McDonalds wasn't on our bingo card 🤣

More than 110 companies in Africa work with Bitcoin 🥇

This map is what mass adoption looks like 🤟