What’s happening in the cryptocurrency world today? Let’s check out the biggest crypto news!
It is reported that USDT issuer Tether is considering investments in the gold supply chain and is mainly exploring such areas as mining firms and royalty companies. According to CTO Paolo Ardoino, gold can be viewed as a “natural Bitcoin” and it serves as a complementary asset.
More details are available here.
Bitcoin price looks steady. BTC was flat over the last 24 hours. At the moment, the coin is exchanging hands at $112K.
Meanwhile, traders are waiting for the release of the US labor market data.
Goldman Sachs projects that August payrolls will show an increase of 60,000 jobs, which is below the 75,000 forecast. Meanwhile, the unemployment rate is expected to edge up to 4.3%.
Bloomberg analyst Eric Balchunas says that the first Dogecoin ETF can be launched in the US already next week.
On Sept. 3, the REX-Osprey team submitted a prospectus to the US SEC for the DOGE ETF. The filing also outlines plans for ETFs linked to XRP, BONK, TRUMP, along with BTC, ETH, and SOL.
Ethena (ENA) is among the biggest losers today. Within the last 24 hours, its price decreased by nearly 8% and the coin is currently trading at $0.65.
