Latest Crypto News and Market Updates – September 4
1. Bitcoin, Ethereum And Solana Rise For 3 Consecutive Days
BTC, ETH, and SOL extended their rally for the third straight day. However, most crypto-related stocks listed in the U.S. saw slight corrections.
2. Whale Withdraws 34,000 ETH From Binance
Two large wallets suddenly withdrew a combined 34,000 ETH from Binance, coinciding with ETH’s $100 overnight surge, drawing market attention.
3. ONDO Nears The $1 Mark
Ondo (ONDO) surged close to $1 as its tokenized securities platform officially launched, supporting over 100 stocks and ETFs.
4. Linea Opens Airdrop Claim Page
Linea launched its reward claim page ahead of its Token Generation Event (TGE) scheduled for September 10. Pre-market price stands around $0.03.
5. OKB Jumps 7%
OKB ended its losing streak with a 7% rebound, boosted by the launch of OKX Boost and strong support from major KOLs.
6. Trump Family Linked ABTC Stock Volatility
ABTC, a crypto mining stock tied to the Trump family, saw extreme volatility — skyrocketing before plunging sharply.
7. Gold Hits New Record At $3,550/oz
Gold set a new record at $3,550 per ounce, stealing the spotlight from Bitcoin. Tokenized gold market capitalization surpassed $2.5 billion.
8. India Leads Global Crypto Adoption In 2025
India ranks first in global crypto adoption for 2025, followed by the U.S., Pakistan, Vietnam, and Brazil, according to the latest report.
9. Trading Volume On CEX & DEX Hits Yearly High
Trading volume across centralized (CEX) and decentralized (DEX) exchanges in August reached the highest level this year. Uniswap and PancakeSwap led on-chain activity.
10. Market Overview Through AI Insights
- BTC: Trading in a narrow range, with whales using heavy leverage on both sides.
- ETH: Showing weakness as capital outflows increase.
- SOL: Continues attracting strong inflows, shining among altcoins.
Macro: Volatility rising ahead of the Fed’s Beige Book release and U.S. stock market moves. Fast in, fast out is the preferred trading strategy.
Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.