EddieJayonCrypto
4 Sep 24
• Bitcoin may face a short-term decline due to anticipated Federal Reserve interest rate cuts and historical September volatility.• Bitfinex research predicts Bitcoin could drop to $40,000 in September due to potential market reactions to rate cut news.• Memecoins continue to attract traders due to ...
• Bitcoin may face a short-term decline due to anticipated Federal Reserve interest rate cuts and historical September volatility.• Bitfinex research predicts Bitcoin could drop to $40,000 in September due to potential market reactions to rate cut news.• Memecoins continue to attract traders due to regulatory flexibility, though analyst Jack Sparrow suggests this trend may shift towards quality projects.• Ondo Finance reaches $600 million in Total Value Locked (TVL) in real-world assets, solidifying its position in the tokenized treasury market.• The Penpie DeFi protocol was hacked, resulting in a $27 million loss, highlighting ongoing vulnerabilities in the crypto sector.• Samsung invests in Startale Labs, partnering with Sony on its blockchain project, though broader market trends negatively impacted stock prices.• Pendle successfully mitigated a potential $105 million loss from a security breach at Penpie, ensuring the safety of its ecosystem.• Former Mt. Gox CEO Mark Karpeles plans to launch EllipX, a new crypto exchange in Europe focusing on transparency and regulatory compliance.• Major crypto tokens TON, DOGS, and NOT have plunged up to 10% in the past 24 hours amid increased market volatility.~Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-TrackerGet the book!Crypto Foundations for Building Multi-Generational Wealthhttps://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422Join this channel to get access to perks:https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/joinJoin Grow My Bag social media:https://growmybag.tv/sign-up🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.