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[Weekly Crypto] 2024.09.02


1️⃣ Native BTC Staking Is Coming to Bitcoin Layer-2 Networks, Babylon Says

Babylon just saw surging demand for its Bitcoin staking. Now it wants to be the security layer of Bitcoin’s layer-2 economy, says co-founder David Tse.


2️⃣ DeFi Summer Is Making a Comeback, Steno Research Says

Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.


3️⃣ What Should Investors Expect From Bitcoin (BTC) in September

Bitcoin’s price reclaiming $70,000 seems difficult as September is expected to be bearish


4️⃣ U.S. House Committee Plans for Heap of Crypto Hearings in September

The SEC has targeted the largest NFT marketplace for unregistered securities trading, and the crypto community is outraged.


5️⃣ Why is the SEC going after digital art and monkey pictures?

The House Financial Services Committee is expected to look at DeFi, U.S. enforcement and "pig butchering" in a series of hearings the panel is set to schedule for next month







 


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