[LIVE] Today’s Latest Market News, September 3 – Arkham Crypto Uncovers Some of The Richest Investors: ARKM AI Data Indicates UAE Royal Group Holds $700M in Bitcoin

BTC remains stable at just under $110,000, despite the current downturn in the market, and the most recent information from Arkham Crypto indicates that the UAE’s Royal Group has discreetly mined BTC valued at $700 million, positioning them as the sixth-largest sovereign owner of crypto asset.

In contrast to others who have purchased or acquired crypto, the UAE Royal Group has mined its BTC ▲0.73% utilizing renewable energy, signaling a more eco-friendly method of accruing wealth through cryptocurrencies.

(source, UAE crypto holding – Arkham Crypto)

In addition to the BTC holdings of the UAE Royal Group, interest in Ethereum staking is witnessing remarkable growth. The overall crypto landscape is gaining traction as tangible assets begin to merge traditional finance with decentralized mechanisms.

Arkham’s crypto AI has also revealed significant individual holders, including Michael Saylor, who possesses over 17,000 Bitcoin apart from his strategic investments. Countries such as the US and Bhutan are also participating in the sector. These developments highlight that crypto is transcending niche status, turning into a domain where substantial capital is being allocated.

Bitcoin

Price

Market Cap

Bitcoin

$2.21T

24h7d30d1yAll time

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Arkham with Crypto Announcement and Data, But Where Will Crypto Go After Today?

Cathie Wood anticipates Bitcoin reaching $1 million in the next five years. Concurrently, ETH ▼-1.40% is also projected to reach $8,000 this year owing to its deflationary characteristics. Altcoins and tokenized assets may see significant value increases, transforming minor investments into substantial profits.

Memecoins are creating significant buzz. PEPE, which is likely the frontrunner in this meme cycle, surged by 300% in July alone. DOGE and SHIB continue to entice whales. New entrants like BONK, TRUMP, and SPX6900 are also gaining attention, with some integrating AI elements and others relying on hype alone.

Dogecoin

Price

Market Cap

DOGE

$32.59B

24h7d30d1yAll time

In addition to his memecoin, Trump has also stirred up another controversy. A token supported by him, WLFI, fell post-launch, contrasting sharply with his TRUMP memecoin. Various FUDs surrounding the token have emerged, particularly regarding undesirable bubblemaps raising complaints. According to Arkham Intelligence, the World Liberty Fi token is maintaining more than $13 billion in WLFI assets.

(source, World Liberty Fi crypto holding – Arkham Crypto)

Arkham also demonstrates that a number of affluent investors from Asia are now allocating approximately 5% of their portfolios towards crypto asset. Bitcoin’s trading market share is diminishing as Ethereum and other cryptocurrencies strengthen. The emergence of memecoins is providing retail investors with opportunities for financial independence.

As ETH prepares for growth and institutional investments increase, Q4 may be particularly impactful.

Stay updated on today’s developments with us.

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35 minutes ago

Solana Price Prediction After Alpenglow Upgrade: Is $300 the Next Target for SOL?

By Akiyama Felix

Are you too late to get Solana before it pops off in October when the ETF money comes in? It feels like $205 is still a decent price. In this article, we’ll examine the current Solana price graph and provide an update.

SOL ▲2.45%  has approved one of the most ambitious upgrades in its history.

After a two-week governance process, more than 98% of validators voted to adopt the Alpenglow consensus platform, with 52% of the total stake participating. The upgrade is expected to reduce transaction finality from over 12 seconds to just 150 milliseconds, a pace more akin to Web2 systems than today’s blockchains.

The Solana Foundation referred to this change as “a step toward financial infrastructure that operates at internet speed,” suggesting that Alpenglow could unveil new applications requiring responsiveness and cryptographic certainty. So, will the Solana price follow suit?

Read the complete story here

The post [LIVE] Latest Crypto market Announcement Today, September 3 – Arkham Crypto Reveals Some of The Wealthiest Investors: ARKM AI Data Shows UAE Royal Group $700M in Bitcoin appeared first on 99Bitcoins.