Daily Market Wrap
Crypto market cap: 0.98 trillion, up 0.56%
BTC price stands at USD 19,857, up 0.26%
ETH price stands at USD 1,572, up 1.10%
Top gainer: Ravencoin (RVN), up 15.99%
Top loser: EOS (EOS), down 3.75%
News of the Day
Why it matters:
According to Investing.com, in seasonally adjusted terms, non-farm payrolls grew by 315,000 in August, slightly more than the expected 300,000 added positions
Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report
Meanwhile, the unemployment rate ticked up to 3.7% from 3.5% in August. The movement upward was largely attributable to hundreds of thousands of people entering the labor force, economists say
Crypto Daily Spotlight
Brief introduction: Cardano is a public blockchain platform. It is open-source and decentralized, with a proof of stake consensus. The Cardano blockchain can be used to build smart contracts, and also to create decentralized applications and protocols.
Why it matters:
After much anticipation, the Cardano Foundation has finally announced the official Vasil hard fork date confirmed for the Sept. 22
The update contains four Cardano Improvement Proposals (CIPs), including CIP-31, CIP-32, CIP-33, and CIP-40, which are designed to increase Cardano’s scaling capabilities and reduce transaction costs
“We anticipate a seamless technical transition, with no disruption for its users or a break in block production.” Research and development company Input Output said
Daily Sector Tracker
Daily News Roundup
Bill Murray’s Wallet Was Hacked for $174K After NFT Charity Auction https://bit.ly/3CV7kqJv
NFT marketplace Sudoswap Is Planning to Airdrop its Governance Tokens SUDO https://bit.ly/3wSingy
Georgia’s Government Follows EU’s Crypto Regulation Lead And Hopes To Become a ‘Hub’ For The Global Industry https://bit.ly/3BcawgD
Former Binance Labs Head Bill Qian Joins Cypher Capital as Chairman https://bit.ly/3RDdGPT
Vitalik Believes Crypto Will Be as Volatile as Gold in The Future https://bit.ly/3RdaoTn
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