「Mini Non-Farm Payrolls」 Boosts Rate Cut Expectations; US Stocks Close Higher on Thursday, Nasdaq's Tightened Regulation Leads to Collective Plunge of Crypto Treasury Companies
BlockBeats News, September 5th, according to HTX market data, this morning Bitcoin rebounded above $111,000, Ethereum rebounded above $4,300, with both 24-hour losses narrowing. The current cryptocurrency total market cap is $3.907 trillion, down 0.8% in the past 24 hours. The August "mini non-farm" data strengthened the expectation of interest rate cuts. The U.S. stock market closed with all three major indices rising on Thursday, with the S&P 500 rising by 0.83% once again hitting a historical high. Cryptocurrency stocks generally fell as news of "Nasdaq to strengthen regulation of crypto treasury companies" caused a collective slump in crypto treasury companies, including:
Coinbase (COIN) rose by 1.49% with a trading volume of $18.9 billion
Circle (CRCL) fell by 0.74% with a trading volume of $7.46 billion
MicroStrategy (MSTR) fell by 0.8% with a trading volume of $3.4 billion
Bullish (BLSH) plummeted by 9.7% with a trading volume of $2.8 billion
Bitmine (BMNR) fell by 5.95% with a trading volume of $17.5 billion
BTCS (BTCS) fell by 2.3% with a trading volume of $13 million
SharpLink Gaming (SBET) plummeted by 8.26% with a trading volume of $5.94 billion
BNB Network Company (BNC) fell by 2.18% with a trading volume of $6 million
WLFI Treasury Company ALT5 Sigma (ALTS) plummeted by 13.8% with a trading volume of $1.07 billion
The Trump family mining company American Bitcoin (ABTC) plummeted by 20.3% with a trading volume of $1.2 billion
Previously reported, Nasdaq is strengthening its review of public companies' cryptocurrency investment activities, believing that there may be risks of misleading investors. Nasdaq has not yet publicly disclosed specific regulatory measures, but is expected to require related companies to disclose detailed information about their cryptocurrency asset investments, including investment size, strategy, and potential risks.
You may also like

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents

Why Retail Is Shifting From Crypto to Equities: Will They Return?
Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity
Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…

Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring
Key Takeaways Block’s significant job cuts aim to streamline operations for AI-driven growth. The company’s stock surged over…

Axiom Crypto Uncovered: ZachXBT Reveals $400k Insider Trading
Key Takeaways Allegations of insider trading at Axiom Crypto involve approximately $400,000 and a complex scheme where employees…

Ethereum 2029 Roadmap: ETH to Become the High-Speed Internet of Value
Key Takeaways Ethereum’s new roadmap, the “Strawmap,” aims for a settlement layer achieving 10,000 transactions per second (TPS)…

India Enhances Crypto KYC and AML Measures with Live ID and Location Checks
Key Takeaways: India classifies crypto exchanges as Virtual Digital Asset (VDA) service providers requiring enhanced Anti-Money Laundering (AML)…

Bitcoin Price Prediction: $500 Million in Short Positions Just Got Wiped Out — Is a Bull Market Beginning?
Key Takeaways: Bitcoin experienced a massive short squeeze, liquidating nearly $500 million in short positions and propelling its…

XRP Price Prediction: Ripple Invests Billions to Forge a Connection with Banks – Is $1,000 Possible?
Key Takeaways: Ripple has invested around $4 billion in establishing connections between traditional banks and crypto platforms, illustrating…