Cryptocurrency News Roundup - September 3, 2024

In today's episode of Threenvest's daily cryptocurrency news podcast, we cover Bitcoin's dip below fifty-eight thousand dollars and its impact on the market, highlight the growth potential of Ethereum and Moontaurus, and discuss the alarming three hundred thirteen million dollars in cryptocurrency stolen during August. We also look at the recent movements of Aave and Sui, and explore how cryptocurrencies are empowering women. Tune in to stay updated with the latest trends and insights in the crypto world.

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

Links to the sources mentioned:

• [Cryptocurrency: A Good Investment?](https://thestockwatcher.com/pages/articles/research/2024/9/2/cryptocurrency-good-investment-2021)
• [Bitcoin Falls Below $58,100](https://www.msn.com/en-in/news/other/cryptocurrency-prices-on-september-2-bitcoin-falls-below-58-100-altcoins-slip-up-to-4/ar-AA1pQEMR?ocid=BingNewsVerp)
• [Top 2024 Cryptocurrency Forecasts](https://finbold.com/top-2024-cryptocurrency-forecasts-ethereum-and-moontaurus-positioned-for-major-growth/)   
• [Cryptocurrency Aave Up More Than 4 Percent](https://www.benzinga.com/insights/cryptocurrency/24/09/40677438/cryptocurrency-aave-up-more-than-4-in-24-hours)
• [Cryptocurrency Sui Down More Than 3 Percent](https://www.benzinga.com/insights/cryptocurrency/24/09/40677408/cryptocurrency-sui-down-more-than-3-within-24-hours)
• [Bitcoin Dips Below $58,000](https://www.msn.com/en-in/autos/photos/cryptocurrency-price-today-september-2-bitcoin-dips-below-58000-helium-becomes-top-gainer/ar-AA1pPKg9?ocid=BingNewsVerp)
• [Over $313 Million in Cryptocurrency Stolen in August](https://digitalmarketreports.com/news/25059/august-sees-over-313-million-in-cryptocurrency-stolen-due-to-hacks/)
• [Cryptocurrency and Female Empowerment](https://www.msn.com/en-us/money/markets/an-empowering-coin-cryptocurrency-and-female-empowerment/ar-AA1pQjL4?ocid=BingNewsVerp)
• [Cryptocurrency Market Dips](https://thecurrencyanalytics.com/marketmovers/cryptocurrency-market-dips-tethers-surge-and-liquidity-crises-shake-investor-confidence-133379)

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

Episode Transcript

Speaker 1 (00:03):
Welcome to three Invests daily cryptocurrency news podcast on Daniel
and today we have some crucial updates for you. In
today's headlines, Bitcoin falls below fifty eight thousand dollars, Ethereum
and moon Taurus are poised for major growth, and August
sees over three hundred and thirteen million dollars in cryptocurrency

(00:26):
stolen due to hack. Welcome to the three invest News podcast,
where every morning we bring you the latest updates in
the world of cryptocurrency. Let's dive right in. Bitcoin, the
largest cryptocurrency by market capitalization, has seen a significant dip,
falling below fifty eight thousand dollars today. This drop has

(00:50):
also affected other alt coins, causing them to slip up
to four percent. Analysts attribute this downturn to overall market
correction and investor. In addition, Helium has bucked the trend
and emerged as the top gainer of the day. It
has been a volatile period for cryptocurrency prices and investors

(01:11):
are advised to stay informed and cautious switching gears. A
report from fine Bold forecasts that Ethereum and Moontaris are
both set for substantial growth in the upcoming years. These
predictions are based on Ethereum's transition to a proof of
state mechanism and Moontarus's innovative blockchain solutions that are gaining traction.

(01:34):
This could mean significant returns for those who invest early
in these projects. As always, thorough research and understanding are
recommended before making any investment decisions. In other news, he
has risen over four percent within the past twenty four hours.
This surge could be attributed to recent updates and announcements

(01:55):
from the IAVID development team, indicating a strong roadmap ahead.
In contrast, Suey has experienced a decline, dropping more than
three percent in the same timeframe. Market volatility is expected,
and these fluctuations highlight the importance of staying updated with
real time data. August has been a troubling month for cryptosecurity,

(02:18):
with over a three hundred thirteen million dollars stolen due
to various hack This alarming figure brings to light the
critical need for robust security measures in the cryptocurrency ecosystem.
Investors and developers alike must prioritize security to safeguard their
assets and projects from malicious attack. In a lighter note,

(02:40):
the empowering role of cryptocurrencies in female financial independence has
been highlighted in a recent feature on Missing. This article
delves into how cryptocurrencies are providing women new pathways to
financial empowerment, enabling more autonomy and control over their financial decision. Lastly,

(03:01):
the ongoing liquidity crises and surges in Tether's value have
caused noticeable jitters among investors. These developments have contributed to
the overall dip in the cryptocurrency market as reported by
the Currency Analytic. Investors are encouraged to monitor these liquidity
issues carefully as they could have far reaching impacts on

(03:22):
market stability. Thank you for tuning in to three invest
daily cryptocurrency news podcast. Do not forget to check our
website linked in the podcast description for our recommended investment platforms,
comprehensive reviews and comparison tools. You will also find links
to all the articles discussed today in the description. Join

(03:45):
us again tomorrow for another update on the ever evolving
world of cryptocurrencies. See you then, see you then,