Top cryptocurrency news on September 3: Dogecoin plunges over 4% and other major stories

Market Buzz

Dogecoin plunges over 4%

On September 3, cryptocurrency prices remained in the red. The global cryptocurrency market cap has dropped to $2.19 trillion over the past day. However, the crypto market volume for the last 24 hours was $124.65 billion. This is a 2.22 percent drop.

In Focus

Movie NFTs are growing in popularity, from Rajinikanth’s digital collectibles to Amitabh Bachchan’s.

Non-fungible tokens (NFTs) are the new buzzword for Bollywood and its superstars. These unique digital assets have created money for entrepreneurs and artists in the West. While Amitabh Bachchan has become the first Indian actor to roll out NFT, southern superstar Rajinikanth has already dabbled in this space, not directly but through his movie Sivaji: the Boss.

Top Story

Survey shows that majority of Salvadorans don’t want bitcoin

The majority of Salvadorans disapprove of the government’s decision not to accept bitcoin as legal currency. Many are unaware of how to use it and distrust the project, according to a poll conducted by the Central American University on Thursday.

The News

US SEC accuses BitConnect founder of $2 Billion cryptocurrency fraud

On Wednesday, the US Securities regulator sued BitConnect founder BitConnect for allegedly fraudulently raising $2 billion from thousands.