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Showing posts from September, 2024

XRP community bets on price surge with bullish sentiment at 86%

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As we approach October, often referred to as ‘Uptober’ in the crypto space for its historically strong market performance, all eyes are on XRP.  The token has captured significant attention, with the latest sentiment data showing 86% of the community is bullish. This sentiment, sourced from data retrieved by Finbold using CoinMarketCap as of September 30, 2024, suggests that investors are confident XRP is poised for further growth based on 22,713 votes. XRP community sentiment. Source: CoinMarketCap XRP price key resistance breaks XRP has recently crossed some important price milestones, further fueling optimism. The token successfully broke through the $0.60 psychological resistance and even briefly traded above $0.66.  Picks for you Imminent BTC price breakout; Bitcoin forming path to $350,000 spike

Beware: Cryptocurrencies to unlock $300 million supply this week

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Twelve cryptocurrencies will unlock nearly $300 million in previously non-circulating supply this week, raising concerns as sales could intensify. Among these unlocks, three projects alone will release over $220 million, to which traders and investors should give special attention. The cryptocurrency investing game has changed in the past few years, highly weighted toward venture capitalists (VCs) and vesting contracts. With that, scheduled token unlocks gained increased importance in this market’s dynamics as they can directly pressure prices downwards. In the next seven days, twelve cryptocurrencies will unlock $291.59 million, of which 75% will come from three projects. Finbold retrieved this data on September 29 from the TokenUnlocksApp platform, actively monitoring scheduled and linear unlocks. Picks for you Bitcoin at risk as invest

Hamster Kombat Price Prediction: HMSTR Bounces Back With 4% Pump As Experts Say Consider This Presale With A 874% APY

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The Hamster Kombat price surged 4% in the last 24 hours to trade at $0.006735 as of 10:44 p.m. EST on trading volume that plunged 67% to $344 million. This comes even as players slammed the project’s airdrop, with frustrations erupting on social media platforms. You gave me dust after 4 months I am killing hamsters, rats, rabbits or anything that looks like a hamster. It's hunting season. — Geoffrey Nwankpa (@GeoffreyNwankpa) September 26, 2024 Hamster Kombat distributed 60 billion HMSTR tokens, which is 60% of the token’s supply, through multiple tier-1 exchanges , including Binance, OKX, and BitGet. After wrapping up its distribution, can HMSTR rebound? Hamster Kombat Price Prediction: HMSTR Aims For A Rebound The Hamster Kombat price has been on a downtrend since its launch. The bears took control of the price around the $0.009203 resistance. However, the $0.006370 support allowed the price to trade within the symmetrical triangle. The rebound is confirmed by the Re

Economist Who Predicted Solana’s 2022 Collapse These 4 Cryptos Are Ripe for a Strong Rally Following Fed’s Rate Cut

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One of the economists who flagged Solana’s downfall back in 2022 is now looking to the four cryptocurrencies that he believes are on the verge of exploding, especially after the expected cuts on Federal Reserve rates. These modifications in the macroeconomic conditions are likely to focus liquidity toward higher-risk assets such as cryptocurrencies, providing an opportunity to stage a bull market. Looking at the cryptocurrencies in the limelight, it is only fair to place Solana (SOL) and Rexas Finance (RXS) among the best to weather the storms. Solana (SOL): Is There a 2,500% Rally On The Cards? The story of Solana has been one of a particularly rapid rise, after which many could easily go into torpor as there would be nothing else to achieve, which is why, after its whole rise, there was a huge crash in 2022. Somewhat similar to the gentleman who foretold the fall of Solana, he may also be glad to know that this blockchain giant is expected to see a 2,500% price appreciation wit

Optimizing Funds and Yield in DeFi

Optimizing Funds and Yield in DeFi! Decentralized Finance (DeFi) has revolutionized the financial landscape by offering unprecedented access to financial services such as lending, borrowing, trading, and yield farming without intermediaries. This article explores key strategies to optimize funds and yield in DeFi, maximizing returns while managing risk effectively. With an ever-evolving ecosystem, users can now unlock the potential of decentralized financial markets by making informed decisions on liquidity provision, staking, and yield farming. 1. Understanding DeFi Yield Optimization At the heart of DeFi is the concept of generating yield from digital assets. Unlike traditional finance, where yield often comes from interest rates or dividends, DeFi offers innovative ways to earn passive income through liquidity provision, staking, and participating in decentralized lending protocols. Yield Farming Yield farming takes liquidity mining a step further by allowing users to stake their L

$95 to $96K: Cryptocurrency Trader Makes Big Fortune in 12 Hours

The cryptocurrency industry has continued to change the lives of its investors. While Shiba Inu (SHIB) and other meme coins were previously making headlines for doing this, several new assets were bringing in similar gains for investors. More recently, an investor managed to turn a mere $95 to nearly $100,000 within a day. Also Read: Dogecoin Whales Pocket 1.40 Billion DOGE: 20 Cents Incoming? Recent data from Lookonchain revealed that a cryptocurrency trader who traded Incept (INCEPT) saw a return of more than 1,000 times, growing $95 into as much as $96,900 in just 12 hours. Unbelievable! Turned $95 into $96.9K in just 12 hours—more than a 1000x return! Many of the wallets that made ~1000x profit on $INCEPT appear to be insider wallets. They were all created 4 days ago and have only traded $INCEPT.https://t.co/AvNHFbRjpO pic.twitter.com/aOm3z1VXAx — Lookonchain (@lookonchain) September 26, 2024 But it was revealed that the address might have belonged to an insider. The Lookonchain te

Best Cryptocurrencies to Invest in Right Now September 25 – Axelar, ONDO, Sei

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Altcoins like Bittensor and Sei have surged by over 60% in the past week, while ONDO has gained more than 4%. This outperformance relative to Bitcoin could hint at the start of an “altcoin season.” The altcoin market cap has rebounded sharply after hitting a low in August, with predictions of a 74% increase.  Other altcoins, such as Sui and Axelar, have also shown strong gains, rising by 45.6% and 14.34%, respectively. Renewed interest in altcoins follows Bitcoin’s recent stabilization. As a result, investors explore the best cryptocurrencies to invest in right now to diversify their portfolios amidst changing market conditions. Best Cryptocurrencies to Invest in Right Now Catizen recently revealed its partnership with Alchemy Pay, simplifying the process for users to buy CATI using more than 50 fiat currencies. Axelar is also gaining traction due to its emphasis on secure cross-chain communication for Web3. Meanwhile, Crypto All Stars raised over $1.5 million in its initial coin o

BlackRock buys this much Bitcoin since start of 2024

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Following the monumental approval of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) in January 2024, including the one created by BlackRock (NYSE: BLK), the investment behemoth has continued buying Bitcoin. As it happens, BlackRock Bitcoin stash has been growing as part of its IBIT iShares Bitcoin Trust ETF, and its total holdings of the maiden cryptocurrency currently stand at 359,278 BTC, worth around $22.9 billion, as per the data retrieved from Apollo Bitcoin Tracker on September 25. BlackRock’s spot BTC ETF holdings in 2024. Source: Apollo Bitcoin Tracker BlackRock Bitcoin purchases intensify It is also worth noting that over the previous day, BlackRock’s spot Bitcoin ETF saw as much as $99 million worth of Bitcoin or 1,548 BTC in inflows, the highest amount in a month as the supply increased from 357,730 BTC on September 23 to 359,278 on September 24.

Top Trending Cryptos on Solana Chain Today – Nitno, Dogs of Elon, PopDog

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DWF Labs is preparing to launch its synthetic stablecoin product, which is expected to arrive between late 2024 and early 2025. The upcoming stablecoin will offer investors appealing annual percentage yields (APYs), varying based on the specific asset type. Meanwhile, Render (RNDR) and Algorand (ALGO) have shown signs of reversing previous downtrends, indicating a potential bullish shift. RNDR, in particular, has seen an upward trend after breaking a significant downtrend line. Its price, now at $6.11, has experienced a notable rise, reflecting increased bullish sentiment among traders. In other developments, SUI, the native token of the Sui blockchain platform, has achieved a significant milestone by reaching over $900 million in total value locked (TVL). According to the Altcoin Buzz podcast, SUI has surged by 60% in the last month, pushing its price above $1.60. As such, tokens across several blockchains are witnessing price rallies. This article focuses on the top trending crypto

The Open Art by Blum, TONX, and TON Society Draws 11,280+ Registered Attendees, Becoming the Largest Event of Token2049 Week

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Under Embargo: September 24 9:00PM UTC+8 More than 60 partner projects and 35 global speakers gathered at the prestigious National Gallery Singapore for The Open Art. Singapore - 9:00PM, September 24, 2024 — The Open Art , hosted by Blum , TONX , and TON Society and co-hosted by CoinGecko , All At Once , TonBit , and Google Cloud , attracted over 11,280 registered attendees—the highest number of registered attendees during Token2049 Week in Singapore. Held on September 19 at the National Gallery Singapore , one of the most prestigious venues in the country, the event saw thousands of people gathered to explore the latest innovations shaping the TON ecosystem.  The event underscored the growing influence of the TON ecosystem with over 60 partners from across Web3 collaborating to showcase its potential through live discussions, keynotes, and networking sessions. Recognized as a driving force for Web3 mass adoption , the TON ecosystem continues to push the boundaries of innovati