News/Daily Market Wrap | Sep. 03 Daily Market Wrap | Sep. 03
Sep 03,2025,17:42
Hot Topics
- Coinbase will launch Mag7 + Crypto Equity Index Futures on Sept 22, 2025, mixing top tech stocks with BTC/ETH ETFs.
- UK borrowing costs hit 27-year high adding to pressure on Reeves
- Gold futures surged to a record $3,602.40 on September 2, 2025, driven by central bank demand and Fed rate-cut expectations despite a rising U.S. dollar.
Market Updates
- Ethereum’s monthly active addresses hit 19.45 million in August 2025, nearing its 2021 peak and signaling renewed ecosystem activity.
- OKX was fined $2.6M on Sept 3, 2025, for offering crypto services in the Netherlands without registration.
- Jack Ma–linked Yunfeng Financial bought $44M ETH on Sept 2, 2025, to start building an Ether treasury.
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