![[LIVE] Crypto News Today, September 8 – BTC Stays at $111K as Dogecoin ETF Excitement Boosts Meme Coins: Top Crypto to Purchase?](https://cimg.co/wp-content/uploads/2024/02/26205235/btc.svg "[LIVE] Crypto News Today, September 8 – BTC Stays at $111K as Dogecoin ETF Excitement Boosts Meme Coins: Top Crypto to Purchase?")
[LIVE] Crypto News Today, September 8 – BTC Stays at $111K as Dogecoin ETF Excitement Boosts Meme Coins: Top Crypto to Purchase?
Is this finally the bottom? Bulls certainly seem to think so. 
Bitcoin ▲0.82% is maintaining stability above $111,000, trading around $111,300 on September 8, as the crypto asset market begins to exhibit signs of a robust recovery. The majority of sectors are in positive territory: the AI and big data crypto token trading market increased by around 3%, while meme coins saw even greater gains. DOGE ▲7.55% has returned to $0.23, and lesser-known cryptocurrencies like USELESS surged approximately 30% in the last three days. Added momentum is fueled by the imminent launch of the first Dogecoin ETF this week, along with the introduction of Dogecoin Digital Asset Treasuries (DATs). Is DOGE the top crypto to purchase at this moment?
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Dogecoin ETF Draws Interest as Investors Hunt for the Prime Crypto to Acquire
The forthcoming Dogecoin ETF is projected to broaden access for both institutional and retail investors, enhancing liquidity, and fostering new engagement in the meme crypto token arena. Together with DATs, this signifies a significant advancement for DOGE’s assimilation into conventional financial instruments. Many traders are now considering it as a leading contender in the quest for the prime crypto to acquire during this recovery phase.
First Dogecoin ETF goes live later this week
Dogecoin Digital Asset Treasuries (DATs) are set to make their debut
hardly anyone discussing $DOGE on the feed
and the chart appears as follows
taking notes
— Unipcs (aka ‘Bonk Guy’)
BTC spot ETFs gained $246 million in inflows last week, with BlackRock’s IBIT contributing $434 million and Grayscale’s BTC Mini Trust adding $33 million, while Ark and Bitwise experienced outflows. The total Bitcoin ETF holdings now approximate $144 billion, equating to 6.48% of Bitcoin’s market capitalization. Conversely, ETH spot ETFs encountered roughly $788 million in outflows.
Large holder selling, which peaked at 112,000–115,000 Bitcoin (approximately $12.7B) last month, has decreased to about 38,000 BTC weekly in early September. Institutional acquisitions are stabilizing the market, and with both meme and AI sectors turning positive, Bitcoin remains a fundamental choice while DOGE rises as a compelling option to observe.
Singapore Rejects Do Kwon’s $14M Refund Request For ‘Stolen’ Penthouse
Terraform Labs co-founder Do Kwon has recently lost a $14M court case regarding a failed penthouse transaction in Singapore, amidst rising legal issues in the wake of the Terra-Luna collapse. The High Court dismissed his complaint, ruling that the developer was justified in retaining the deposit following the deal’s collapse.
The outcome is:
- Do Kwon is finally facing trial.
- From a potential 135 years down to possibly 12 years. The judge intends to give him 25.
- Regardless of the judge’s decision, he may receive a lighter sentence than SBF.
The disputed property, a 7,600-square-foot duplex on Orchard Road appraised at S$38.8M, was meant to be Kwon’s premier asset before the collapse of TerraUSD and Luna in 2022, which erased more than $40Bn in trader wealth.
The article [LIVE] Crypto News Today, September 8 – BTC Holds $111K While Dogecoin ETF Hype Elevates Meme Coins: Top Crypto to Buy? was first published on 99Bitcoins.
