What Happened Last Night... August 4th Cryptocurrency Morning News

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출처=블록스트리트 정하연 기자
Source = Block Street Reporter Jung Ha-yeon
1. Ripple "JP Morgan, Citigroup, Goldman Sachs, SBI Leading RWA"
Ripple emphasized the movement of global financial institutions' Real World Asset (RWA) tokenization through a report jointly published with CB Insights on the 3rd. Ripple announced that from 2020 to 2024, global banks have made a total of 345 investments in blockchain companies, with Citigroup and Goldman Sachs each making 18 investments, and JP Morgan and SBI each making 15 investments.

2. Arthur Hayes "Bitcoin Could Retreat to $100,000 Due to Macroeconomic Risks"
Arthur Hayes, CEO of BitMEX, predicted on the 3rd through his X account that due to tariff increases, credit market recession, and job creation slowdown, Bitcoin (BTC) and Ethereum (ETH) could plummet to $100,000 and $3,000 respectively.

3. "Bitcoin Drops Due to Intentional Selling Pressure During Weekend"
Data was released showing Bitcoin dropped due to intentional selling pressure during the weekend. According to on-chain analysis platform CryptoQuant's data on the 3rd, Bitcoin flowing into the world's largest exchange Binance reached about 7,000 in a single day, leading to an analysis that Bitcoin dropped as a result.

Reporter Kwon Seung-won ksw@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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