✅ 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

#GravityAlphaMainnet #AirdropGuide #CryptoTradingGuide #StartInvestingInCrypto #IntroToCopytrading #EarnFreeCrypto2024

#BinanceTurns7

#MarketDownturn