Daily Market Wrap | Sep. 03

Hot Topics

• Coinbase will launch Mag7 + Crypto Equity Index Futures on Sept 22, 2025, mixing top tech stocks with BTC/ETH ETFs.
• UK borrowing costs hit 27-year high adding to pressure on Reeves
• Gold futures surged to a record $3,602.40 on September 2, 2025, driven by central bank demand and Fed rate-cut expectations despite a rising U.S. dollar.

Market Updates

• Ethereum’s monthly active addresses hit 19.45 million in August 2025, nearing its 2021 peak and signaling renewed ecosystem activity.
• OKX was fined $2.6M on Sept 3, 2025, for offering crypto services in the Netherlands without registration.
• Jack Ma–linked Yunfeng Financial bought $44M ETH on Sept 2, 2025, to start building an Ether treasury.