The first week of September is behind us. What will the new week bring? Follow the latest crypto market updates on Monday, Sept. 8.
Backpack Exchange has officially launched Backpack EU, rebranded from FTX EU after a nine-month process. The new platform is among the first in Europe to offer regulated perpetual futures, with private beta limited to 100 users per day.
Backpack EU plans to provide more than 40 trading pairs with up to 10x leverage, aiming to rebuild trust in crypto after the collapse of FTX.
Backpack EU is here 🎒🇪🇺
— Backpack 🎒 (@Backpack) September 8, 2025
Today, we’re live as one of the first exchanges to offer regulated perpetual futures in Europe.
Private Beta access is limited to 100 spots per day, every day.
Join the waitlist now: https://t.co/qvUDpbsEdQ pic.twitter.com/Xctp2MuZRl
While over the weekend, Bitcoin (BTC) remained sticky to the $110K level. On Monday, Sept. 8, the situation looks more dynamic. With gains of around 3%, the major coin has climbed closer to $112K.
Strategy has revealed its recent acquisition of 1,955 BTC. The amount invested in this purchase is approximately $217.4 million, with an average price of $111,196 per coin.
As of Sept. 7, 2025, the company held 638,460 BTC, purchased for a total of around $47.17 billion. An average cost per Bitcoin is $73,880.
According to NFT tracker CryptoSlam, NFT sales volume fell to $91.96 million in the first week of September. This marks the lowest weekly figure since mid-June.
The decline comes after a strong run throughout July and August, when weekly sales of digital collectibles consistently exceeded $115 million for eight consecutive weeks.
Bitcoin (BTC) mining difficulty has increased from 134.7 trillion to 136 trillion.
Amid such shifts, the competition to add a new block and secure the block reward is getting steeper. To get profits, miners need to have more computing power.
It is already the 5th consecutive increase that BTC mining difficulty has seen since June.