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CoinMarketCap Announcements

Arthur Hayes Predicts Short-Term Bitcoin Dip to $50K Before Potential Rally
https://coinmarketcap.com/academy/article/arthur-hayes-predicts-short-term-bitcoin-dip-to-dollar50k-before-potential-rally

Bitcoin (BTC) may face further declines before experiencing a significant rally later this month, according to BitMEX co-founder Arthur Hayes.

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CoinMarketCap Announcements

DeFi Platform Pendle Claims to Have Saved $105 Million After $27 Million Penpie Hack
https://coinmarketcap.com/academy/article/defi-platform-pendle-claims-to-have-saved-dollar105-million-after-dollar27-million-penpie-hack

MediaIn a post-mortem published on Wednesday, the decentralized finance (DeFi) protocol Pendle claimed to have safeguarded around $105 million in funds.

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CoinMarketCap Announcements

Polygon Upgrades Native Token to "POL" to Enhance Ecosystem Growth
https://coinmarketcap.com/academy/article/polygon-upgrades-native-token-to-pol-to-enhance-ecosystem-growth

MediaPolygon, the Ethereum layer-2 scaling solution, has announced the upgrade of its native cryptocurrency from MATIC to POL.

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CoinMarketCap Announcements

TON Hits Four-Month Low Following Telegram CEO’s Arrest and Network Struggles
https://coinmarketcap.com/academy/article/ton-hits-four-month-low-following-telegram-ceos-arrest-and-network-struggles

Toncoin (TON), the cryptocurrency linked to Telegram, saw its price dip below $5 on Tuesday, marking a four-month low.

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CoinMarketCap Announcements

Nvidia Loses Record $280 Billion in Market Value Amid DOJ Antitrust Probe
https://coinmarketcap.com/academy/article/nvidia-loses-record-dollar280-billion-in-market-value-amid-doj-antitrust-probe

Nvidia, the world's leading manufacturer of AI-specific computer chips, experienced its most significant single-day loss in market capitalization on September 3, 2024.

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CoinMarketCap Announcements

WazirX Hacker Transfers $6.5 Million in Stolen Crypto Through Tornado Cash
https://coinmarketcap.com/academy/article/wazirx-hacker-transfers-dollar65-million-in-stolen-crypto-through-tornado-cash

MediaSeptember 3, 2024 - A cryptocurrency wallet linked to the hacker behind the $235 million theft from Indian exchange WazirX has moved a significant portion of the stolen funds.

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CoinMarketCap Announcements

Polymarket Traders Indicate 70% Probability of a 25-Basis-Point Rate Cut in Fed Upcoming Rate Decision
https://coinmarketcap.com/academy/article/polymarket-traders-indicate-70percent-probability-of-a-25-basis-point-rate-cut-in-fed-upcoming-rate-decision

MediaThe upcoming Federal Open Market Committee (FOMC) meeting of the Federal Reserve has garnered significant attention from Polymarket traders.

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CoinMarketCap Announcements

Qatar Financial Centre Introduces Comprehensive Digital Assets Framework
https://coinmarketcap.com/academy/article/qatar-financial-centre-introduces-comprehensive-digital-assets-framework

The Qatar Financial Centre (QFC) in Doha has unveiled a comprehensive regulatory framework aimed at overseeing and fostering the development of digital assets.

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CoinMarketCap Announcements

Trump’s Crypto Support Comes with Economic Policies That Might Surprise Advocates
https://coinmarketcap.com/academy/article/trumps-crypto-support-comes-with-economic-policies-that-might-surprise-advocates

As the 2024 U.S. presidential election draws nearer, many in the cryptocurrency community have rallied behind former President Donald Trump.

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Analysts: Bitcoin to $110K Still on Track, But Could See Dip Below $40K First
https://coinmarketcap.com/academy/article/analysts-bitcoin-to-dollar110k-still-on-track-but-could-see-dip-below-dollar40k-first

Bitcoin (BTC)'s price is on a trajectory to hit $110,000 by 2025 based on technical patterns, according to crypto analysts.

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CoinMarketCap Announcements

#CMCLive: Weekly Crypto Forecast 🎙️

📍 LIVE NOW:
https://coinmarketcap.com/community/post/339391562/

This Week's Hot Topics 🔥

🔹 Bitcoin enters seasonally bearish September as bear market looms.
🔹 Telegram CEO Durov charged in France, released on bail.
🔹 Starknet to launch STRK staking feature test vote on Sept 2.

... and more!

Exclusively on CMC Live 😉

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CoinMarketCap Announcements

Crypto Investment Products See $305 Million in Outflows Amid Strong US Economic Data
https://coinmarketcap.com/academy/article/crypto-investment-products-see-dollar305-million-in-outflows-amid-strong-us-economic-data

September 2, 2024 - Cryptocurrency investment products have experienced major outflows in recent weeks.

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CoinMarketCap Announcements

Crypto Exchange OKX Expands Footprint in Singapore with Major Payment License
https://coinmarketcap.com/academy/article/crypto-exchange-okx-expands-footprint-in-singapore-with-major-payment-license

Singapore, September 2, 2024 - Cryptocurrency exchange OKX has secured a major regulatory milestone in Singapore.

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CoinMarketCap Announcements

Coinbase CEO Brian Armstrong Executes First AI-to-AI Crypto Transaction
https://coinmarketcap.com/academy/article/coinbase-ceo-brian-armstrong-executes-first-ai-to-ai-crypto-transaction

Coinbase CEO Brian Armstrong has announced the successful completion of his first crypto transaction entirely managed by AI agents.

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Ethereum Co-Founder Vitalik Buterin's $10M ETH Sale Sparks Speculation
https://coinmarketcap.com/academy/article/ethereum-co-founder-vitalik-buterins-dollar10m-eth-sale-sparks-speculation

Ethereum (ETH) co-founder Vitalik Buterin has transferred approximately $10 million worth of ETH to wallets linked with crypto exchanges.

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CoinMarketCap Announcements

Swiss Banking Giant ZKB Launches Bitcoin and Ethereum Trading
https://coinmarketcap.com/academy/article/swiss-banking-giant-zkb-launches-bitcoin-and-ethereum-trading

MediaZKB, with total assets of approximately 200 billion Swiss francs ($235 billion), now offers crypto trading through its eBanking and Mobile Banking platforms.

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CoinMarketCap Announcements

Bitcoin's Four-Year Cycle Declared "Dead" Amid Weakest Post-Halving Performance By Outline Venture
https://coinmarketcap.com/academy/article/bitcoins-four-year-cycle-declared-dead-amid-weakest-post-halving-performance-by-outline-venture

MediaIndustry experts are challenging the long-held belief that Bitcoin's price performance is intrinsically linked to the cryptocurrency's quadrennial halving event.

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CoinMarketCap Announcements

21.co Launches Wrapped Bitcoin on Ethereum Amid WBTC Controversy
https://coinmarketcap.com/academy/article/21co-launches-wrapped-bitcoin-on-ethereum-amid-wbtc-controversy

21.co, the parent company of 21Shares, a major player in the crypto exchange-traded fund (ETF) market, is expanding its presence in the world of wrapped assets.

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FBI: North Korean Cyber Criminals Are Targeting Crypto ETF Industry
https://coinmarketcap.com/academy/article/fbi-north-korean-cyber-criminals-are-targeting-crypto-etf-industry

The United States Federal Bureau of Investigation (FBI) has issued a stark warning about increasingly sophisticated cyber attacks orchestrated by North Korean criminals.

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CoinMarketCap Announcements

Crypto Markets Slump Amid Weak Manufacturing Data and Equities Sell Off
https://coinmarketcap.com/academy/article/crypto-markets-slump-amid-weak-manufacturing-data-and-equities-sell-off

The total crypto market capitalization fell by a staggering 4.67% over the past 24 hours on September 4, facing yet another downturn over macroeconomic concerns.

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South Korean Authorities Launch Probe into Telegram over Illicit Content Allegation
https://coinmarketcap.com/academy/article/south-korean-authorities-launch-probe-into-telegram-over-illicit-content-allegation

MediaIn a latest development, South Korean authorities have launched a probe into the popular messaging app Telegram.

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CoinMarketCap Announcements

Reflexivity Research: August Monthly Round-Up 🔬

In partnership with Reflexivity Research, we're excited to share our latest monthly round-up, featuring the recently released research content from their team.

Read more ⬇️
https://coinmarketcap.com/academy/article/reflexivity-research-august-2024-in-review

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CoinMarketCap Announcements

Brazilian Supreme Court Upholds Suspension of X Following Tensions with Elon Musk
https://coinmarketcap.com/academy/article/brazilian-supreme-court-upholds-suspension-of-x-following-tensions-with-elon-musk

A panel of Brazil's Supreme Court justices has unanimously upheld a ruling to suspend operations of the social media platform X, formerly known as Twitter, within the country.

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CoinMarketCap Announcements

Ethereum Mainnet Revenue Plunges 99% Post-Dencun Upgrade
https://coinmarketcap.com/academy/article/ethereum-mainnet-revenue-plunges-99percent-post-dencun-upgrade

Ethereum's layer-1 network revenue has nosedived by a staggering 99% since March 2024, despite a significant uptick in monthly users and daily transaction costs on layer-2 solutions.

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What Happened in Crypto Today: Bitcoin To Hit 64K?
https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-bitcoin-to-hit-64k

MediaFrom Bitcoin starting September with a dip to Coinbase revealing AI crypto traders, here is a 2-minute breakdown of everything important that happened in crypto today.

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CoinMarketCap Announcements

[CMC Live] Get the latest insights from Frederik Gregaard, CEO of Cardano Foundation, on Cardano’s growth and future!

📍 LIVE NOW: https://coinmarketcap.com/community/post/339244361/

🔥 Dive into ecosystem growth, Cardano Summit updates, and more.

🎙️ Exclusive on #CMCLive

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CoinMarketCap Announcements

SBI Group's Crypto Subsidiary Partners with Japanese Investor Metaplanet for Bitcoin Strategy
https://coinmarketcap.com/academy/article/sbi-groups-crypto-subsidiary-partners-with-japanese-investor-metaplanet-for-bitcoin-strategy

In a strategic move, SBI Group's crypto exchange subsidiary, SBI VC Trade, has announced a partnership with the Japanese investment firm Metaplanet.

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Solana Meme Coin Church of the Smoking Chicken Fish Goes Nonprofit, Plans Real Church
https://coinmarketcap.com/academy/article/solana-meme-coin-church-of-the-smoking-chicken-fish-goes-nonprofit-plans-real-church

The Solana-based meme coin Church of the Smoking Chicken Fish (SCF) is taking a leap from digital memes to real-world impact.

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Telegram's Financial Statement Reveals $400M in Crypto Holdings
https://coinmarketcap.com/academy/article/telegrams-financial-statement-reveals-dollar400m-in-crypto-holdings

Popular messaging app Telegram has found itself in the spotlight following the arrest of its CEO, Pavel Durov, on August 24.

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Bitcoin Faces a Tough September as Price Dips to 2-week Low
https://coinmarketcap.com/academy/article/bitcoin-faces-a-tough-september-as-price-dips-to-2-week-low

MediaBitcoin (BTC) saw a sharp decline of over 2% on September 1, as the price dropped to $57,273, according to CoinMarketCap data.

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