Cryptocurrency News Roundup - September 2, 2024

Welcome to Threenvest's daily cryptocurrency news podcast! In today's episode, we cover significant market dips amidst a Tether surge, the rapid rise of cryptocurrency ATMs in Australia, and Coinbase making history with the first AI-to-AI cryptocurrency transaction. Additionally, we discuss current crypto prices, the debate between investing in cryptocurrencies versus stock markets, Nigeria's new regulatory move, and whether it is too late to invest in cryptocurrencies.

For more information on the world of cryptocurrencies, here are our top resources:

• Threenvest
• Crypto Guide
• My exchange search tool
• Centralized Crypto Exchange Comparator
• Decentralized Crypto Exchange Comparator
• Crypto Broker Comparator

Find the articles we discussed today here:

• Cryptocurrency Market Dips, Tether's Surge, and Liquidity Crises [https://thecurrencyanalytics.com/marketmovers/cryptocurrency-market-dips-tethers-surge-and-liquidity-crises-shake-investor-confidence-133379]
• Australia Sees Rapid Growth in Cryptocurrency ATMs [https://www.livebitcoinnews.com/australia-sees-rapid-growth-in-cryptocurrency-atms-now-third-globally/]
• Coinbase Makes History with First AI-to-AI Cryptocurrency Transaction [https://www.jurnaltime.com/coinbase-makes-history-with-the-first-ai-to-ai-cryptocurrency-transaction]
• Crypto Prices Today [https://news.abplive.com/business/crypto/crypto-price-today-august-30-check-global-market-cap-bitcoin-btc-ethereum-doge-solana-litecoin-beam-dogs-live-tv-1713670]
• Emerging 0.01 Dollar Cryptocurrency Attracts Whale Attention [https://techbullion.com/emerging-0-01-cryptocurrency-attracts-whale-attention-could-this-be-the-next-dogecoin-doge/]
• Cryptocurrency vs Stock Markets [https://blockonomi.com/cryptocurrency-vs-stock-markets-which-one-should-you-invest-in/]
• Nigeria Grants First Cryptocurrency Exchange License [https://www.msn.com/en-us/money/markets/nigeria-grants-first-cryptocurrency-exchange-license-ushering-new-regulatory-era/ar-AA1pNpqy?ocid=BingNewsVerp]
• Is it Too Late to Invest in Cryptocurrency? [https://www.msn.com/en-xl/money/other/is-it-too-late-to-invest-in-cryptocurrency/ar-AA1pItAv?ocid=BingNewsVerp]

Tune in to get your daily dose of crypto news only on Threenvest!

Episode Transcript

Speaker 1 (00:03):
Good morning everyone.

Speaker 2 (00:04):
On today's podcast, we will cover the cryptocurrency market dipping
amidst surging Tether, the rapid growth of cryptocurrency ATMs in Australia,
and the historic first AI to AI cryptocurrency transaction by Coinbase.
Welcome to three Invests Daily Cryptocurrency News Update, where we
deliver the latest happenings in the.

Speaker 1 (00:24):
Crypto world every morning.

Speaker 2 (00:27):
The cryptocurrency market has experienced significant dips recently. Investors are
expressing concerns as liquidity crises shake confidence. Tether has seen
a surge, but this hasn't been enough to stabilize the market.
Cryptocurrency market volatility continues to be a pressing issue for investors,

(00:48):
with many wondering if stability is on the horizon. Transitioning
to more positive news, Australia is seeing rapid growth in
cryptocurrency ATMs. In is now the third largest globally, with
a significant increase in the number of ATMs that facilitate
easy access to cryptocurrencies. This is a significant development for

(01:13):
the global crypto landscape, reflecting wider adoption and convenience for users.
Moving to a groundbreaking event, Coinbase has made history with
the first AI to AI cryptocurrency transaction. This development marks
a new era in the cryptocurrency sector where artificial intelligence

(01:33):
has begun to play an active role in transaction. The
implications of this technological advancement could be profound, paving the
way for more efficient and secure transactions. Next, let us
look at the current cryptocurrency prices. Bitcoin, Ethereum, Dogecoin, Salana,

(01:53):
and leap Cooin.

Speaker 1 (01:54):
Are experiencing fluctuation.

Speaker 2 (01:57):
Bitcoin is trading at lower rates compared to last week,
showcasing the volatile nature of the cryptocurrency market. Ethereum and
dodge Coin are also seeing significant price changes, which could
affect investor strategies moving forward.

Speaker 1 (02:14):
In other interesting news, there is an emerging zero.

Speaker 2 (02:19):
One dollar cryptocurrency that is attracting the attention of major
investors also known as whales. This new entrant could potentially
be the next dodge coin, capturing retail investor interest and
possibly disrupting the market. Shifting focus to an ongoing debate,

(02:40):
we delve into the question cryptocurrency or stock markets. Both
investment avenues have their pros and content. Cryptocurrencies offer high
risk and high reward potential, while stock markets are seen
as a more stable investment with historically lower returns on
a comparative scale, It is crue to weigh both options carefully,

(03:02):
depending on one's risk tolerance and investment goals.

Speaker 1 (03:07):
From Nigeria, the government has granted.

Speaker 2 (03:10):
Its first cryptocurrency exchange license, marking a new regulatory era.
This is a significant milestone for the country as it
seeks to integrate cryptocurrency within its financial systems, offering a
framework for safe and regulated crypto trading. To round things off,

(03:34):
one must ponder is it too late to invest in cryptocurrency?
The market has seen rapid changes and the entry point
and seemed daunting. However, with careful research and investment in
emerging trends, there might still be promising opportunities for the
discerning investor. That wraps up today's essential updates from the

(03:55):
crypto world. You can always find more in depth information
on our website linked in the description. Stay informed and
stay ahead with freeing vest Remember you can find all
the news articles we discussed today linked in the podcast
description