- MakerDAO has announced that it has reached the final stage of its multi-step “Endgame” plan, designed to create a series of independent subDAOs that live within the larger ecosystem.
- Pro-Ripple attorney John Deaton briefed on possible steps that could be taken if both Ripple and the SEC go for a settlement.
- Vitalik Buterin sold all his MakerDAO tokens after MakerDAO CEO Christensen proposed the Solana-based blockchain.
- Binance CEO Changpeng Zhao stated that he believes Decentralized Finance (DeFi) and Centralized Finance (CeFi) will be left behind in a possible bull run.
- According to a recent report by Glassnode, the most traded exchange
On Binance, open interest rates have dropped to $2.7 billion, the lowest level in the last 5 months.
- Cathie Wood, SEO of Ark Invest, stated that she is very positive about the potential power that will arise from the merger of Bitcoin (BTC) and artificial intelligence through her X (formerly Twitter) account.
- Affordable NFTs on Solana have achieved record print volumes. It was stated that the total number of NFTs produced in August was 15.6 million, which is a record level.
- JPMorgan stated in a statement that the SEC will have to approve Bitcoin ETF applications.
- Kaal Dhairya, one of the Shiba-Inu developers, shared important developments in his blog post; Sharing the Blockscout explorer and WBONE contract addresses, Dhairya stated that they are working with third-party bridges for Shibarium and that they will integrate many tokens into Shibarium with a bridge.
- Stock markets in the USA followed a positive course after the macroeconomic data announced last week.
- The Fed’s Beige Book Report will follow on Wednesday.
- Global markets are generally positive.
- While a positive course was observed in the European stock markets, the eyes were turned to the speech of Christine Lagarde, President of the European Central Bank (ECB).
- On Friday, the DAX 40 index in Germany decreased by 0.67 percent, the FTSE MIB 30 index in Italy by 0.63 percent and the CAC 40 index in France by 0.27 percent, while the FTSE 100 index in the UK increased by 0.34 percent. . Index futures contracts in Europe started the new day with a positive trend.
- As the recovery in the Chinese economy remains fragile, it is expected to keep pressure on policymakers to offer more stimulus.
- The Kospi index in South Korea increased by 0.81 percent to 2,584 points, while the Shanghai composite index in China increased by 1.2 percent to 3,171 points.
- Nikkei 225 in Japan closed the day at 32,939 points with a 0.7 percent gain, while the dollar/yen parity is trading at 146.1 with a 0.1 percent decrease.
- In India, the Sensex index increased by 0.1 percent to 65,449 points, while the Hang Seng index in Hong Kong, which was suspended on Friday due to the Super Typhoon Saola, was reopened today, and hovered at 18,841 points with an increase of 2.5 percent.
- On the other hand, this week, investors focused on the inflation data to be announced in China, as well as the interest rate decisions of the central banks of Australia and Malaysia.
- The price of Brent oil is trading at $88.4.
Technology and Stocks
- Military leaders in the US are working to develop thousands of autonomous weapons and an AI-powered air tracking system.
- Startups related to driverless vehicles have become more interesting with the rise of artificial intelligence technology. Oxa is preparing to launch its driverless vehicle project in Florida after a successful funding round.