Daily Market Brief

Aug 27, 2024

Daily Market Brief 240827

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • Without a dominant headline, the crypto market is experiencing a slight downturn. $BTC is now trading at $62,846 down 2.2%, and $ETH is trading at $2,680 also down 2.5%.

  • Key headlines include Abra settling with SEC over unregistered securities and sales of crypto asset securities, Russia planning to use a national payment card system for exchanges between rubles and cryptocurrencies starting September 1, and further developments following the arrest of Telegram CEO Pavel Durov.

  • There have been numerous listing announcements. $EURI, one of the first MiCA-regulated EURO stablecoins, has been listed on Binance spot. Additionally, $NULS and $DOGS are now on Binance Futures, and $VIDT and $SUNDOG have been listed on Bybit futures.

  • During the last 24 hours, the top three gainers were $HNT, $AKT, and $ANT, while the top three losers were $DOGS, $SUN, and $AEVO.

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Peter-Headshot
Peter ChungHead of Research
Min-Headshot
Min JungResearch Analyst