Daily Market Brief

Sep 10, 2024

Daily Market Brief 240910

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • Market finally rebounded with $BTC briefly regaining the 58k mark. As of now, $BTC is trading at $57,049, up 4% and $ETH is trading at $2,359, up 2.8%.

  • A judge has issued a temporary stay in the Kalshi v. CFTC election betting case that will last only until the end of Thursday's hearing, which could allow Kalshi to list the markets as soon as Friday depending on the hearing's outcome.

  • Other headlines include Pantera, ParaFi, and others buying FTX's Metaplex tokens, $CATI being listed on OKX spot, and the FBI reporting that investors lost a record high of $5.6 billion to crypto scams in 2023.

  • During the last 24 hours, the top three gainers were $PEOPLE, $SUNDOG, and $FTM, while the top three losers were $HNT, $SATS, and $FTN.

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