🔥 CRYPTO & MARKETS DAILY • SEPT 4, 2024



🏆 TOP HEADLINES
Bitmine’s Massive ETH Accumulation: Adds 14,665 ETH ($65.3M), total now 1.88M ETH ($8.4B)

Public Companies Hold 1M+ BTC: Corporate treasuries now control ~5% of Bitcoin’s supply

Michael Saylor’s Strategy Eligible for S&P 500: Meets all requirements (Bloomberg)

Ethereum Exchange Supply at 3-Year Low: Just 17.4M ETH left on exchanges

📊 MARKET MOVES
ETF Flows (Sept 3):

BTC Inflows: $300.5M

ETH Outflows: $38.2M

Dormant BTC Awakens: 0.25 BTC (12.8 years inactive) moved

El Salvador Buys Gold: $50M addition to reserves (diversification play)

🏦 INSTITUTIONAL ADOPTION
Ripple Expands RLUSD in Africa: Partners with Chipper Cash, VALR, Yellow Card

Wyoming Approves Hedera for State Stablecoin: FRNT to be backed by dollars/Treasuries

Nasdaq Tightens Crypto Fundraising Rules: Aims to curb stock pumps via crypto hoarding

🤖 TECH & INNOVATION
Coinbase’s AI Integration: 40% of daily code AI-generated, targeting 50%+ by October

Quantum-Safe Framework Submitted to SEC: Aimed at protecting digital assets

Wintermute’s Regulatory Push: Urges SEC to exempt BTC/ETH from securities classification

🏛️ REGULATORY UPDATES
SEC Unveils Crypto Agenda: Proposes rules for digital asset sales and exchange trading

Grant Cardone’s BTC Real Estate Deal: Sells Miami mansion for 400 BTC (72-hour close)

💡 KEY TAKEAWAYS
Supply Squeeze Intensifies: ETFs + treasuries draining BTC/ETH from exchanges

Mainstream Integration Accelerates: AI, quantum safety, and state stablecoins advancing

Regulatory Clarity Progresses: SEC agenda and industry feedback shaping rules

🔔 Follow for real-time insights
#Bitcoin Ethereum #Stablecoins SEC #CryptoNews
ETH-0,04%
PUBLIC-0,88%
HOLD2,45%
BTC1,02%
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