Daily Crypto News Podcast - September 11, 2024

Welcome to the Threenvest crypto news podcast for September 11, 2024. We cover significant market predictions, cryptocurrency prices, and recent developments in the crypto world. Tune in to stay informed on the latest news.

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

Articles used for this podcast:

• https://finance.yahoo.com/news/prediction-cryptocurrency-parabolic-heres-why-094500167.html
• https://www.msn.com/en-in/money/markets/cryptocurrency-price-today-september-10-bitcoin-stable-at-56000-aave-becomes-top-gainer/ar-AA1qnSdt?ocid=BingNewsVerp
• https://www.masslive.com/news/2024/09/more-than-56-billion-was-lost-in-cryptocurrency-schemes-in-2023.html
• https://www.msn.com/en-in/money/markets/cryptocurrency-prices-on-september-11-bitcoin-falls-below-56-800-ahead-of-us-inflation-data/ar-AA1qnvwp?ocid=BingNewsVerp
• https://techbullion.com/cryptocurrency-development-building-and-managing-digital-currencies/
• https://gulfnews.com/technology/companies/cryptocurrency-linked-scams-top-charts-in-2024-chainanalysis-1.1726041186060
• https://coinjournal.net/news/nubank-abruptly-halts-trading-of-its-nucoin-cryptocurrency/
• https://www.msn.com/en-us/money/news/cryptocurrency-scams-cost-americans-5-6b-in-2023-fbi-report-shows/ar-AA1ql00q?ocid=BingNewsVerp
• https://news.abplive.com/business/crypto/crypto-price-today-september-10-check-global-market-cap-bitcoin-btc-ethereum-doge-solana-litecoin-popcat-helium-live-tv-1716237
• https://menafn.com/1108661329/Standard-Chartered-expands-cryptocurrency-sector-with-digital-asset-custody-services-in-UAE

Stay informed with Threenvest's expert analysis and coverage!

Episode Transcript

Speaker 1 (00:03):
Good day everyone. Today is September eleven, twenty twenty four,
and we have three major headlines for you. First, a
parabolic prediction making waves in the cryptocurrency market. Second, the
latest cryptocurrency prices, including Bitcoin's fluctuation. Third, a massive loss

(00:23):
due to cryptocurrency schemes in twenty twenty three. Welcome to
the three and Best daily crypto news podcast, where we
bring you a summary of all the important news in
the world of cryptocurrency. Our first story comes from a
market analyst who predicts a parabolic scenario for cryptocurrency prices.

(00:44):
According to this expert, the market is poised for significant
growth due to increasing institutional interest and mainstream adoption. Investors
should prepare for more volatility as the sector continues to
mature each gears. Today's cryptocurrency prices show some interesting movements.

(01:05):
Bitcoin is stable let around fifty six thousand US dollars,
while of has emerged as the top gainer. Ethereum and
other major coins also show stability, indicating a calm before
potential market shifts. Next, we bring you a concerning report
from twenty twenty three, where more than fifty six billion

(01:28):
US dollars were lost in various cryptocurrency schemes. These schemes
ranged from ponzi structures to fraudulent initial coin offerings, highlighting
the need for stringent regulations and better investor education. In
another development, Bitcoin has fallen below fifty six thousand, eight

(01:49):
hundred US dollars ahead of anticipated US inflation data. Investors
are waiting cues from economic indicators which could impact the
market's short term trajector. Three. On the tech front, A
comprehensive guide on cryptocurrency development emphasizes the building and managing
of digital currency. This article discusses various technologies that are

(02:14):
crucial for creating secure and scalable cryptosystem A recent report
reveals that cryptocurrency linked scams have topped the charts in
twenty twenty four. Chan analysis has indicated a spike in
fraudulent activities, urging stakeholders to adopt better security measures. In

(02:36):
company news, New Bank has abruptly halted the trading of
its cryptocurrency new Coin. The reason for this sudden decision
remains unclear, leaving investors and analysts speculating. According to the FBI,
cryptocurrency scams cost Americans five point six billion US dollars

(02:58):
in twenty twenty three. The staggering figure underscores the importance
of vigilance and awareness in the crypto community. As of today,
the global market cap for cryptocurrencies remains strong. Bitcoin, Ethereum, Doge, Solana,
light Coin, Popcat, and Helium show varied performance, yet retain

(03:21):
their positions as top contenders in the market. Finally, Standard
Chartered has expanded its services within the cryptocurrency sector by
launching digital Asset custody services in the uaight. This move
aims to cater to institutional investors looking for secure storage solution.

(03:42):
That concludes our main stories for today. Here at three
invest we are dedicated to providing you with the latest
in cryptocurrency news.