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      Gate Research: BTC Experiences Narrow Fluctuations, Polymarket Hits Record Betting Volume, NFTs on Opensea Accused of Being Unregistered Securities

      **Gate Research Daily Report: **August 29, Bitcoin experienced a slight uptick, hovering around $59,000, while Ethereum, after a brief dip, bounced back to above $2,500. Both Bitcoin and Ethereum ETFs saw net outflows. OpenSea received a Wells Notice from the SEC, indicating potential legal action. The prediction platform Polymarket reached a new monthly trading volume record, surpassing $450 million. WazirX filed for a moratorium in a Singapore court, seeking debt restructuring. Several crypto projects secured funding across various sectors, including computing power, payments, and gaming. Additionally, Every Finance and Mantle Network are offering opportunities to earn token rewards.

      **Market Analysis: **Recently, Bitcoin's price has slightly increased to around $59,000, while Ethereum has slightly declined to $2,500.**Top Performers: ** The top trending tokens in the past 24 hours are CLOUD, CHESS, and OAS.Data Highlights: Bitcoin ETFs saw a net outflow of $71.73 million yesterday, while Ethereum ETFs had a total net outflow of $1.77 million.**Spotlight Analysis: ** Prediction platform Polymarket's monthly trading volume exceeded $450 million, setting a new record.**Market Opportunities: **Nine projects publicly announced funding rounds, covering sectors like computing power, payments, and gaming, with a total of $103.3 million raised.

      Explore today's details 👉🏻Gate Research: BTC Experiences Narrow Fluctuations, Polymarket Hits Record Betting Volume, NFTs on Opensea Accused of Being Unregistered Securities

      **Gate Research **Gate Research is a comprehensive blockchain and crypto research platform, providing readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.

      Click the Link to learn more 👉🏻 https://www.gate.io/explore

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      Download Gate.io App / Web Client now>>>Follow us on Gate.io X (Twitter) to get more bonuses>>>Join our Telegram to discuss hot topics>>>Join our Global Community to get more updates>>>We provide 100% proof of reserve>>>Sign up to enjoy max. $6666 in rewards exclusively for new usersGet 40% commission from referrals

      Gate.io TeamAugust 30th, 2024

      Read the original article at gate-io

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