Binance Square
LIVE
Bluechip
@Bluechip
DeFi Diver & Memecoin Maestro 🐸 | Catching airdrops & spinning crypto threads 🧵 | Writing articles and sharing strategies on making money off crypto
Following
Followers
Liked
Share
All Content
LIVE
--
You don't need to be a genius to see what's comingDuring the previous cycle $FTM did 200x, $AXS 950x. Even bigger SUPER-cycle is anticipated in 2024. Here's the list of lowcaps with 1000x potential The crypto market consistently follows a cyclical pattern, and understanding that pattern is crucial for making money. The cycles exhibit distinct trends and often influenced by various factors, such as investor sentiment, market adoption, regulation, and more. Each cycle is made up of four distinct phases: Accumulation, Markup (Uptrend), Distribution, and Markdown (Downtrend). Every phase has specific characteristics that shape market behavior and guide investment strategies. Today, we are on the brink of entering the Uptrend phase, fueled by factors like the upcoming US election, rate cuts, global adoption of ETFs, tech advancements and shifts in China's crypto regulations. Here are the tokens expected to see substantial growth during this cycle 👉 $NMR @numerai is an Ethereum-based platform allowing developers and data scientists to experiment and create machine learning models with improved reliability. ➢ Sector: AI ➢ Price: $11.75 ➢ Market Cap: $86M 👉 $TOKEN Tokenfi aims to simplify the crypto and asset tokenization process and eventually become the foremost tokenization platform in the world. ➢ Sector: RWA ➢ Price: $0.06 ➢ Market Cap: $60M 👉 $RVN @Ravencoin is a peer-to-peer blockchain designed to handle the efficient creation and transfer of assets from one party to another. ➢ Sector: DeFi ➢ Price: $0.015 ➢ Market Cap: $223M 👉 $FLT Fluence project is the first decentralized "Cloudless" computing platform, providing an open alternative to the giant internet cloud monopolies. ➢ Sector: AI ➢ Price: $0.27 ➢ Market Cap: $23M 👉 $RIO Realio_network is an end-to-end, blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital securities and crypto assets. ➢ Sector: RWA ➢ Price: $0.89 ➢ Market Cap: $5M 👉 $PENDLE @pendle_fi is a protocol that enables the tokenization and trading of future yield. ➢ Sector: DeFi ➢ Price: $2.67 ➢ Market Cap: $419M 👉 $POLYX @PolymeshNetwork is an institutional-grade permissioned blockchain built specifically for RWA. ➢ Sector: RWA ➢ Price: $0.21 ➢ Market Cap: $182M 👉 $HONEY Hivemapper is a system that incentivizes map coverage, freshness, and quality with ownership. ➢ Sector: DePIN ➢ Price: $0.064 ➢ Market Cap: $149M 👉 $DUSK DuskFoundation is a permissionless, ZK-friendly L1 blockchain protocol focused on compliance and privacy to tokenize RWA. ➢ Sector: RWA ➢ Price: $0.18 ➢ Market Cap: $85M 👉 $ATH AethirCloud is a decentralized real-time rendering network that builds scalable cloud infrastructure to enhance content accessibility in the Metaverse. ➢ Sector: DePIN ➢ Price: $0.066 ➢ Market Cap: $269M I hope you've found this article helpful. Follow me @Bluechip for more. Like/Repost the quote if you can. #MarketDownturn #Binance #altsesaon #DeFi #BTC

You don't need to be a genius to see what's coming

During the previous cycle $FTM did 200x, $AXS 950x.
Even bigger SUPER-cycle is anticipated in 2024.
Here's the list of lowcaps with 1000x potential
The crypto market consistently follows a cyclical pattern, and understanding that pattern is crucial for making money.
The cycles exhibit distinct trends and often influenced by various factors, such as investor sentiment, market adoption, regulation, and more.

Each cycle is made up of four distinct phases: Accumulation, Markup (Uptrend), Distribution, and Markdown (Downtrend).
Every phase has specific characteristics that shape market behavior and guide investment strategies.

Today, we are on the brink of entering the Uptrend phase, fueled by factors like the upcoming US election, rate cuts, global adoption of ETFs, tech advancements and shifts in China's crypto regulations.
Here are the tokens expected to see substantial growth during this cycle

👉 $NMR
@Numerai is an Ethereum-based platform allowing developers and data scientists to experiment and create machine learning models with improved reliability.
➢ Sector: AI
➢ Price: $11.75
➢ Market Cap: $86M
👉 $TOKEN
Tokenfi aims to simplify the crypto and asset tokenization process and eventually become the foremost tokenization platform in the world.
➢ Sector: RWA
➢ Price: $0.06
➢ Market Cap: $60M
👉 $RVN
@Project Raven 🦅/ RVN / Ravencoin is a peer-to-peer blockchain designed to handle the efficient creation and transfer of assets from one party to another.
➢ Sector: DeFi
➢ Price: $0.015
➢ Market Cap: $223M
👉 $FLT
Fluence project is the first decentralized "Cloudless" computing platform, providing an open alternative to the giant internet cloud monopolies.
➢ Sector: AI
➢ Price: $0.27
➢ Market Cap: $23M
👉 $RIO
Realio_network is an end-to-end, blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital securities and crypto assets.
➢ Sector: RWA
➢ Price: $0.89
➢ Market Cap: $5M
👉 $PENDLE
@Pendle is a protocol that enables the tokenization and trading of future yield.
➢ Sector: DeFi
➢ Price: $2.67
➢ Market Cap: $419M
👉 $POLYX
@Polymesh is an institutional-grade permissioned blockchain built specifically for RWA.
➢ Sector: RWA
➢ Price: $0.21
➢ Market Cap: $182M
👉 $HONEY
Hivemapper is a system that incentivizes map coverage, freshness, and quality with ownership.
➢ Sector: DePIN
➢ Price: $0.064
➢ Market Cap: $149M
👉 $DUSK
DuskFoundation is a permissionless, ZK-friendly L1 blockchain protocol focused on compliance and privacy to tokenize RWA.
➢ Sector: RWA
➢ Price: $0.18
➢ Market Cap: $85M
👉 $ATH
AethirCloud is a decentralized real-time rendering network that builds scalable cloud infrastructure to enhance content accessibility in the Metaverse.
➢ Sector: DePIN
➢ Price: $0.066
➢ Market Cap: $269M
I hope you've found this article helpful.
Follow me @Bluechip for more.
Like/Repost the quote if you can.
#MarketDownturn #Binance #altsesaon #DeFi #BTC
How to Get Rich (without getting lucky)This man is reshaping how we think about work, technology and wealth. He predicted the success of Uber, Twitter, Notion and many others. How to Get Rich (without getting lucky): Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.Ignore people playing status games. They gain status by attacking people playing wealth creation games.You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.Pick an industry where you can play long term games with long term people.The Internet has massively broadened the possible space of careers. Most people haven't figured this out yet.Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.Pick business partners with high intelligence, energy, and, above all, integrity.Don't partner with cynics and pessimists. Their beliefs are self-fulfilling.Learn to sell. Learn to build. If you can do both, you will be unstoppable.Arm yourself with specific knowledge, accountability, and leverage.Specific knowledge is knowledge that you cannot be trained for. If society can train you, it can train someone else, and replace you.Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now.Building specific knowledge will feel like play to you but will look like work to others.When specific knowledge is taught, it’s through apprenticeships, not schools.Specific knowledge is often highly technical or creative. It cannot be outsourced or automated.Embrace accountability, and take business risks under your own name. Society will reward you with responsibility, equity, and leverage.The most accountable people have singular, public, and risky brands: Oprah, Trump, Kanye, Elon.“Give me a lever long enough, and a place to stand, and I will move the earth.” - ArchimedesFortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).Capital means money. To raise money, apply your specific knowledge, with accountability, and show resulting good judgment.Labor means people working for you. It's the oldest and most fought-over form of leverage. Labor leverage will impress your parents, but don’t waste your life chasing it.Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you.Code and media are permissionless leverage. They're the leverage behind the newly rich. You can create software and media that works for you while you sleep. #Binance #MarketDownturn #Bitcoin #Web3

How to Get Rich (without getting lucky)

This man is reshaping how we think about work, technology and wealth.

He predicted the success of Uber, Twitter, Notion and many others.

How to Get Rich (without getting lucky):
Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.Ignore people playing status games. They gain status by attacking people playing wealth creation games.You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.Pick an industry where you can play long term games with long term people.The Internet has massively broadened the possible space of careers. Most people haven't figured this out yet.Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.Pick business partners with high intelligence, energy, and, above all, integrity.Don't partner with cynics and pessimists. Their beliefs are self-fulfilling.Learn to sell. Learn to build. If you can do both, you will be unstoppable.Arm yourself with specific knowledge, accountability, and leverage.Specific knowledge is knowledge that you cannot be trained for. If society can train you, it can train someone else, and replace you.Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now.Building specific knowledge will feel like play to you but will look like work to others.When specific knowledge is taught, it’s through apprenticeships, not schools.Specific knowledge is often highly technical or creative. It cannot be outsourced or automated.Embrace accountability, and take business risks under your own name. Society will reward you with responsibility, equity, and leverage.The most accountable people have singular, public, and risky brands: Oprah, Trump, Kanye, Elon.“Give me a lever long enough, and a place to stand, and I will move the earth.” - ArchimedesFortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).Capital means money. To raise money, apply your specific knowledge, with accountability, and show resulting good judgment.Labor means people working for you. It's the oldest and most fought-over form of leverage. Labor leverage will impress your parents, but don’t waste your life chasing it.Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you.Code and media are permissionless leverage. They're the leverage behind the newly rich. You can create software and media that works for you while you sleep.
#Binance #MarketDownturn #Bitcoin #Web3
AAVE, a particularly resilient asset during this period?Your weekly Wednesday column, the crypto trend, is finally back after a short break of a month! Today, the program will focus on an analysis of a particularly interesting asset, as of the previous bullrun: AAVE. For several months, the vast majority of altcoins have been operating a bearish dynamic, particularly substantial, which paves the way for new lows. However, AAVE is moving against what we usually know. It will therefore be an opportunity to review its price action over the previous months and what it will have to do in the coming weeks by defining the most likely scenarios. An exit from the range that seems to be confirmed AAVE price against the dollar on the weekly time unit (1W) We have had the opportunity to analyze the technical situation of AAVE several times but until now, it was evolving in its technical range which includes a low terminal at $50 and a high terminal at 109 dollars. The year 2024 was marked by the asset's ability to stay in the upper area of the range, above the $70 technical pivot. Following the constitution of a support and several attempts to cross the range upwards, it seems that this time, it is finally confirmed! Having approached the technical zone at $154, the current challenge still concerns the need to stay above the old high boll to build a support, which will allow AAVE to look for new heights for this year 2024. If AAVE manages to cross the technical zone, represented in gray, it will have the way open for a return to $200. A daily upward trend AAVE price against the dollar on the daily unit of time (1D) On the daily time unit, we have additional information. First, note that the trend of this time unit is bullish, as well as on the weekly scale, which is a first sign in favor of buyers for the coming weeks. Following the crossing of $120 (August summit), AAVE extended its momentum, currently building a range with this level as a support and a resistance at $144. By consolidating within this area for several days, our bias will remain bullish as long as AAVE does not return below the last rebound zone, i.e. it must avoid at all costs a reintegration of the range which would mean the strengthening of the bearish dynamic. During this month of September, it will be necessary to follow the ability of AAVE to overcome this resistance as well as the technical zone, just above, to hope for a continuity of the increase. With a rather calm bitcoin, and ethereum in a weak position, AAVE's opposite position is particularly interesting, testifying to its viability and seriousness in risk management within the DeFi. In absolute terms, we have nothing more to add to this analysis, now providing all the language elements necessary to understand the dynamics of the AAVE course. If buyers come to come forward to start again on a new bullish leg, they will strengthen their dominance position that began in August when a particularly long range went up. Continuing its expansion towards Zksync Era, AAVE demonstrates its leading position in its branch of the ecosystem. #Binance #BTC #ETH #DeFi

AAVE, a particularly resilient asset during this period?

Your weekly Wednesday column, the crypto trend, is finally back after a short break of a month! Today, the program will focus on an analysis of a particularly interesting asset, as of the previous bullrun: AAVE. For several months, the vast majority of altcoins have been operating a bearish dynamic, particularly substantial, which paves the way for new lows. However, AAVE is moving against what we usually know. It will therefore be an opportunity to review its price action over the previous months and what it will have to do in the coming weeks by defining the most likely scenarios.
An exit from the range that seems to be confirmed

AAVE price against the dollar on the weekly time unit (1W)
We have had the opportunity to analyze the technical situation of AAVE several times but until now, it was evolving in its technical range which includes a low terminal at $50 and a high terminal at 109 dollars. The year 2024 was marked by the asset's ability to stay in the upper area of the range, above the $70 technical pivot. Following the constitution of a support and several attempts to cross the range upwards, it seems that this time, it is finally confirmed!
Having approached the technical zone at $154, the current challenge still concerns the need to stay above the old high boll to build a support, which will allow AAVE to look for new heights for this year 2024. If AAVE manages to cross the technical zone, represented in gray, it will have the way open for a return to $200.
A daily upward trend

AAVE price against the dollar on the daily unit of time (1D)
On the daily time unit, we have additional information. First, note that the trend of this time unit is bullish, as well as on the weekly scale, which is a first sign in favor of buyers for the coming weeks. Following the crossing of $120 (August summit), AAVE extended its momentum, currently building a range with this level as a support and a resistance at $144.
By consolidating within this area for several days, our bias will remain bullish as long as AAVE does not return below the last rebound zone, i.e. it must avoid at all costs a reintegration of the range which would mean the strengthening of the bearish dynamic. During this month of September, it will be necessary to follow the ability of AAVE to overcome this resistance as well as the technical zone, just above, to hope for a continuity of the increase. With a rather calm bitcoin, and ethereum in a weak position, AAVE's opposite position is particularly interesting, testifying to its viability and seriousness in risk management within the DeFi.
In absolute terms, we have nothing more to add to this analysis, now providing all the language elements necessary to understand the dynamics of the AAVE course. If buyers come to come forward to start again on a new bullish leg, they will strengthen their dominance position that began in August when a particularly long range went up. Continuing its expansion towards Zksync Era, AAVE demonstrates its leading position in its branch of the ecosystem.
#Binance #BTC #ETH #DeFi
Mastercard and Mercuryo launch a debit card in euros to spend your cryptos independentlyWhat to remember from the Mastercard and Mercuryo partnership: Mastercard partners with Mercuryo to launch a crypto debit card in euros, allowing users to spend cryptocurrencies from self-hosted wallets.Non-custodial portfolios offer total autonomy to the user, without dependence on a centralized platform.This initiative strengthens the adoption of self-detention and aims to reduce the barriers between traditional payments and the blockchain. When two giants ally for crypto. This is exactly what happens with Mastercard and Mercuryo. The payment giant Mastercard continues its quest to democratize the use of cryptocurrencies by partnering with Mercuryo, a crypto payment infrastructure provider in Europe. Together, they launch a debit card in euros, allowing users to spend their cryptos stored in self-hosted (non-custodial) wallets at more than 100 million merchants. Crypto spending without custody: A paradigm shift In recent years, Mastercard has been exploring the world of cryptocurrencies, seeking to connect the worlds of traditional finance and blockchain. After a conclusive test with the self-hosted wallet MetaMask in August, the company moves up a gear with Mercuryo. The duo is launching a crypto debit card in euros, a first that opens a new horizon for crypto users wishing to freely spend their digital assets. As a reminder, unlike custodial wallets (where a third-party entity, such as a bank or an exchange platform, controls private keys), self-hosted wallets place the user at the center of the game. It is he who holds and secures his own private keys, without depending on an intermediary. Clearly, you are the only master on board: if you lose your keys, goodbye your cryptos! According to Christian Rau, senior vice president of crypto and fintech activation at Mastercard, this initiative aims to simplify the experience of self-hosted wallets by removing barriers between blockchain and traditional payments. Mastercard and non-custodial wallets: marriage of reason? Mastercard's growing support for non-custodial wallets is part of a broader strategy: giving back power to users. Since its official entry into the crypto market in 2021, Mastercard has continued to expand its network of partners in the industry, collaborating in particular with Circle (provider of the USD Coin) and Coinbase. This new alliance with Mercuryo marks a further step in Mastercard's ambition to facilitate the adoption of cryptocurrency payments. Raj Dhamodharan, head of blockchain and digital assets at Mastercard, explains that the complexity of transactions on centralized exchanges is pushing many investors to look for simpler and more direct alternatives. "The obstacles to buying and selling cryptos via centralized platforms have limited both the choice and the purchasing power of users" But be careful, this innovative card is not free. The Mastercard and Mercuryo Spend card comes with an issue fee of 1.60 euros and a monthly maintenance fee of 1 euro. In addition, a fee of 0.95% is applied on each transaction, charged by Mercuryo. In recent years, cryptocurrencies have gradually gained ground on the international scene, shaking traditional finance players. Long considered the prerogative of technophiles and libertarians, they are now gaining the recognition of historical financial institutions, illustrated by the introduction of Bitcoin ETFs. In this changing landscape, Mastercard is emerging as key facilitators, fostering the adoption of cryptocurrencies with strategies that could reshape the way we look at money and transactions. These payment titans, long considered the guardians of traditional currency, turn out to be for our motor sector. #Binance #Write2Earn! #BTC

Mastercard and Mercuryo launch a debit card in euros to spend your cryptos independently

What to remember from the Mastercard and Mercuryo partnership:
Mastercard partners with Mercuryo to launch a crypto debit card in euros, allowing users to spend cryptocurrencies from self-hosted wallets.Non-custodial portfolios offer total autonomy to the user, without dependence on a centralized platform.This initiative strengthens the adoption of self-detention and aims to reduce the barriers between traditional payments and the blockchain.
When two giants ally for crypto. This is exactly what happens with Mastercard and Mercuryo. The payment giant Mastercard continues its quest to democratize the use of cryptocurrencies by partnering with Mercuryo, a crypto payment infrastructure provider in Europe. Together, they launch a debit card in euros, allowing users to spend their cryptos stored in self-hosted (non-custodial) wallets at more than 100 million merchants.
Crypto spending without custody: A paradigm shift
In recent years, Mastercard has been exploring the world of cryptocurrencies, seeking to connect the worlds of traditional finance and blockchain. After a conclusive test with the self-hosted wallet MetaMask in August, the company moves up a gear with Mercuryo. The duo is launching a crypto debit card in euros, a first that opens a new horizon for crypto users wishing to freely spend their digital assets.
As a reminder, unlike custodial wallets (where a third-party entity, such as a bank or an exchange platform, controls private keys), self-hosted wallets place the user at the center of the game. It is he who holds and secures his own private keys, without depending on an intermediary. Clearly, you are the only master on board: if you lose your keys, goodbye your cryptos!
According to Christian Rau, senior vice president of crypto and fintech activation at Mastercard, this initiative aims to simplify the experience of self-hosted wallets by removing barriers between blockchain and traditional payments.

Mastercard and non-custodial wallets: marriage of reason?
Mastercard's growing support for non-custodial wallets is part of a broader strategy: giving back power to users. Since its official entry into the crypto market in 2021, Mastercard has continued to expand its network of partners in the industry, collaborating in particular with Circle (provider of the USD Coin) and Coinbase. This new alliance with Mercuryo marks a further step in Mastercard's ambition to facilitate the adoption of cryptocurrency payments.
Raj Dhamodharan, head of blockchain and digital assets at Mastercard, explains that the complexity of transactions on centralized exchanges is pushing many investors to look for simpler and more direct alternatives.
"The obstacles to buying and selling cryptos via centralized platforms have limited both the choice and the purchasing power of users"
But be careful, this innovative card is not free. The Mastercard and Mercuryo Spend card comes with an issue fee of 1.60 euros and a monthly maintenance fee of 1 euro. In addition, a fee of 0.95% is applied on each transaction, charged by Mercuryo.
In recent years, cryptocurrencies have gradually gained ground on the international scene, shaking traditional finance players. Long considered the prerogative of technophiles and libertarians, they are now gaining the recognition of historical financial institutions, illustrated by the introduction of Bitcoin ETFs. In this changing landscape, Mastercard is emerging as key facilitators, fostering the adoption of cryptocurrencies with strategies that could reshape the way we look at money and transactions. These payment titans, long considered the guardians of traditional currency, turn out to be for our motor sector.
#Binance #Write2Earn! #BTC
What Happened in Crypto in the Last 12h…? Crypto News: - Eigenlayer announces second ‘stakedrop’ season with $86M $EIGEN to be distributed - Synthetix introduces new app chain in ‘SNAXchain’ - WazirX hacker begins to launder stolen proceeds through Tornado Cash - Travala announces integration with aggregator giant Skyscanner - $CORE contributor believes Bitcoin DeFi TVL will overtake that of Ethereum within two years - Zest Protocol introduces its first Bitcoin yield product in $BTCz - CryptoQuant says $ETH has underperformed $BTC by 44% since transition to PoS - Ethereum Foundation financial report expected to be released soon - Catizen confirms September 20 for $CATI launch date Price Movement: - $BTC continues tumble; currently below $56,000 - Price of $ETH falls alongside; now below $2,400 - $HNT leads altcoin gainers with 5.6% rise in past 24h - $ORDI falls by 8.5% over past day - Memecoin sector sees little positive price action among majors #Binance #DeFi #NFT #Polygon #BTC
What Happened in Crypto in the Last 12h…?

Crypto News:
- Eigenlayer announces second ‘stakedrop’ season with $86M $EIGEN to be distributed
- Synthetix introduces new app chain in ‘SNAXchain’
- WazirX hacker begins to launder stolen proceeds through Tornado Cash
- Travala announces integration with aggregator giant Skyscanner
- $CORE contributor believes Bitcoin DeFi TVL will overtake that of Ethereum within two years
- Zest Protocol introduces its first Bitcoin yield product in $BTCz
- CryptoQuant says $ETH has underperformed $BTC by 44% since transition to PoS
- Ethereum Foundation financial report expected to be released soon
- Catizen confirms September 20 for $CATI launch date

Price Movement:
- $BTC continues tumble; currently below $56,000
- Price of $ETH falls alongside; now below $2,400
- $HNT leads altcoin gainers with 5.6% rise in past 24h
- $ORDI falls by 8.5% over past day
- Memecoin sector sees little positive price action among majors
#Binance #DeFi #NFT #Polygon #BTC
The Reentrancy Attack is one of the most destructive in crypto, yet still one of the least known.(Part3) Over $300M lost to this vulnerability! [Part1](https://app.binance.com/uni-qr/cart/13002518991034?l=fr&r=76577491&uc=web_square_share_link&uco=oV54TKfDNUPqG1Rm8Od-Aw&us=copylink) [Part2](https://app.binance.com/uni-qr/cart/13063513253049?l=fr&r=76577491&uc=web_square_share_link&uco=oV54TKfDNUPqG1Rm8Od-Aw&us=copylink) Here's a live smart contract example and learn how it works, even if you're not a dev Re-entrancy attacks are a common vulnerability in EVM smart contracts, allowing an external contract to hijack the control flow and re-enter, potentially draining the victim's funds. These attacks are still a significant issue in smart contract development and are taken very seriously by developers. opular re-entrancy smart contract attacks include: • The DAO Hack: They lost around $50M worth of ETH. • Cream Finance: They lost over $30M worth of various assets. • Siren Protocol: They lost over $30M worth of different assets. Let's implement this example using Solidity smart contracts. Don’t worry, we’ll go step by step. I'll be using @EthereumRemix (X), a development interface where you can write, compile, test, and run code. We’ll write some code and simulate an attack. • First, let's create a file named "Bank.sol", which will contain all the code. • Then, create a mapping to store the balance of each address. Here, each address will correspond to a person's account. Next, we’ll create a simple deposit function that allows clients to deposit money into the bank. The smart contract here represents the bank. Every time a deposit is made, the mapping is updated by adding the new deposit to the respective address. We also need a withdraw function that allows depositors to withdraw all or part of their balance. To simplify, every time the client calls this function, they will withdraw their entire balance, and we set their balance to 0 in the mapping. Finally, we add a function that doesn't change the mapping but simply lets a client check their balance. This is called a view function, which doesn't consume any gas because it doesn’t modify on-chain data, it only displays the requested information. The contract seems pretty simple and, at first glance, looks unbreakable. Let's attempt a reentrancy attack on it. We’ll build the attacker’s smart contract with a receive function that will keep withdrawing as long as the contract balance is above 1 ETH. To finish, we’ll add a view function, getBalance, which will return the Ether balance of the Attacker contract. Now, let's deploy everything and test if our re-entrancy attack will work. First, we need to deploy the Bank contract: • Start by compiling both codes. • Deploy the Bank contract. • Copy the deployed Bank contract’s address and use it as input to deploy the Attacker contract. • Then, deposit 10 ETH into the Bank contract. • Deposit 1 ETH into the Attacker contract. • Finally, launch the attack using the attack function. As we can see, the attack worked. We had deposited 10 ETH with one address and 1 ETH with the attacker’s address. In the end, the attacker’s address holds 11 ETH. How this could have been prevented? It could have been avoided by setting the client’s balance to 0 before sending the funds to them when they call the withdraw function. All it would have taken is moving a single line of code. I hope you've found this article helpful. Follow me @Bluechip for more. Like/Repost the quote if you can. #Binance #Web3 #DeFi #Bitcoin #SolanaUSTD

The Reentrancy Attack is one of the most destructive in crypto, yet still one of the least known.

(Part3) Over $300M lost to this vulnerability!
Part1
Part2
Here's a live smart contract example and learn how it works, even if you're not a dev

Re-entrancy attacks are a common vulnerability in EVM smart contracts, allowing an external contract to hijack the control flow and re-enter, potentially draining the victim's funds.
These attacks are still a significant issue in smart contract development and are taken very seriously by developers.

opular re-entrancy smart contract attacks include:
• The DAO Hack: They lost around $50M worth of ETH.
• Cream Finance: They lost over $30M worth of various assets.
• Siren Protocol: They lost over $30M worth of different assets.

Let's implement this example using Solidity smart contracts.
Don’t worry, we’ll go step by step.
I'll be using @EthereumRemix (X), a development interface where you can write, compile, test, and run code.
We’ll write some code and simulate an attack.

• First, let's create a file named "Bank.sol", which will contain all the code.
• Then, create a mapping to store the balance of each address.
Here, each address will correspond to a person's account.

Next, we’ll create a simple deposit function that allows clients to deposit money into the bank.
The smart contract here represents the bank.
Every time a deposit is made, the mapping is updated by adding the new deposit to the respective address.

We also need a withdraw function that allows depositors to withdraw all or part of their balance.
To simplify, every time the client calls this function, they will withdraw their entire balance, and we set their balance to 0 in the mapping.

Finally, we add a function that doesn't change the mapping but simply lets a client check their balance.
This is called a view function, which doesn't consume any gas because it doesn’t modify on-chain data, it only displays the requested information.

The contract seems pretty simple and, at first glance, looks unbreakable.
Let's attempt a reentrancy attack on it. We’ll build the attacker’s smart contract with a receive function that will keep withdrawing as long as the contract balance is above 1 ETH.

To finish, we’ll add a view function, getBalance, which will return the Ether balance of the Attacker contract.
Now, let's deploy everything and test if our re-entrancy attack will work.

First, we need to deploy the Bank contract:
• Start by compiling both codes.
• Deploy the Bank contract.
• Copy the deployed Bank contract’s address and use it as input to deploy the Attacker contract.
• Then, deposit 10 ETH into the Bank contract.
• Deposit 1 ETH into the Attacker contract.
• Finally, launch the attack using the attack function.

As we can see, the attack worked.
We had deposited 10 ETH with one address and 1 ETH with the attacker’s address.
In the end, the attacker’s address holds 11 ETH.

How this could have been prevented?
It could have been avoided by setting the client’s balance to 0 before sending the funds to them when they call the withdraw function.
All it would have taken is moving a single line of code.

I hope you've found this article helpful.
Follow me @Bluechip for more.
Like/Repost the quote if you can.
#Binance #Web3 #DeFi #Bitcoin #SolanaUSTD
LIVE
--
Bullish
What happened in Crypto the last 12hrs...? Regulatory and Legal Developments - US CFTC orders Uniswap to pay $175,000 civil penalty for violating the Commodity Exchange Act (CEA) per an official release - SEC extends deadline to decide on 7RCC's spot BTC and carbon credit futures ETF per The Block - Nigerian court postpones decision on Binance executive Tigran Gambaryan's application for bail per CoinDesk - A16Z, Union Square Ventures subpoenaed by NY regarding Uniswap per CoinDesk - United Texas Bank receives a cease and desist order from Federal Reserve citing "significant deficiencies" involving crypto customers & risk management per The Block Exchange and Financial Institutions News - Former CEO of Mt Gox to launch new crypto exchange 'EllipX' - Zurich Cantonal Bank, Switzerland's 4th largest bank, has launched trading for $BTC and $ETH per Watcher Guru Market Trends and Analysis - Head of research at Outlier Ventures believes the age of the four-year Bitcoin cycle is at an end per The Block - Trump-backed project World Liberty Financial could reserve 70% of tokens for team/insiders according to a draft whitepaper obtained by CoinDesk - Uphold CEO says AI-driven memecoins like PumpFun "devalue the whole segment" per The Block NFT and Protocol Developments - Magic Eden boasts 36.7% NFT market share per CoinGecko - Unstoppable Domains is expanding to Base L2 per The Block - Apecoin announces 'Blueprint' initiatives to incentivize Bored Ape Yacht Club themed community development per The Block Political and Governmental News - Kamala Harris reportedly plans to reduce Biden's proposed capital gains tax hike per CNBC - Kamala Harris now accepting crypto campaign donations via Coinbase per Fortune Security and Account Incidents Near Protocol’s X account initially appeared to have been hacked but a spokesperson for Near Protocol says the account is secure per CoinDesk, continues to troll via posts #Binance #Bitcoin #TON #CryptoMarketMoves #USDataImpact
What happened in Crypto the last 12hrs...?

Regulatory and Legal Developments
- US CFTC orders Uniswap to pay $175,000 civil penalty for violating the Commodity Exchange Act (CEA) per an official release
- SEC extends deadline to decide on 7RCC's spot BTC and carbon credit futures ETF per The Block
- Nigerian court postpones decision on Binance executive Tigran Gambaryan's application for bail per CoinDesk
- A16Z, Union Square Ventures subpoenaed by NY regarding Uniswap per CoinDesk
- United Texas Bank receives a cease and desist order from Federal Reserve citing "significant deficiencies" involving crypto customers & risk management per The Block

Exchange and Financial Institutions News
- Former CEO of Mt Gox to launch new crypto exchange 'EllipX'
- Zurich Cantonal Bank, Switzerland's 4th largest bank, has launched trading for $BTC and $ETH per Watcher Guru

Market Trends and Analysis
- Head of research at Outlier Ventures believes the age of the four-year Bitcoin cycle is at an end per The Block
- Trump-backed project World Liberty Financial could reserve 70% of tokens for team/insiders according to a draft whitepaper obtained by CoinDesk
- Uphold CEO says AI-driven memecoins like PumpFun "devalue the whole segment" per The Block

NFT and Protocol Developments
- Magic Eden boasts 36.7% NFT market share per CoinGecko
- Unstoppable Domains is expanding to Base L2 per The Block
- Apecoin announces 'Blueprint' initiatives to incentivize Bored Ape Yacht Club themed community development per The Block

Political and Governmental News
- Kamala Harris reportedly plans to reduce Biden's proposed capital gains tax hike per CNBC
- Kamala Harris now accepting crypto campaign donations via Coinbase per Fortune

Security and Account Incidents
Near Protocol’s X account initially appeared to have been hacked but a spokesperson for Near Protocol says the account is secure per CoinDesk, continues to troll via posts
#Binance #Bitcoin #TON #CryptoMarketMoves #USDataImpact
Binance embarks on Solana's Liquid Staking (SOL) with the BNSOL!Liquid Binance The cryptocurrency market is evolving at the pace of successive revolutions that mark its development. One of them is none other than the Liquid Staking principle initially applied to Ethereum. A way to deposit your funds to collect the associated rewards, without however blocking their use in the context of ancillary activities. A financial menna that the Binance platform obviously does not want to pass. Because it has just announced the upcoming launch of a BNSOL formula, applied to Solana (SOL). Binance launches into Solana's Liquid Staking (SOL) The principle of Liquid Staking was initiated by the now emblematic Lido Finance protocol. With immediate success, quickly counted in tens of billions of dollars from TVL. This to the point of posing an obvious problem of too much centralization for the Ethereum network. It must be said that the formula has everything to please. Because it allows you to deposit your ETH cryptocurrencies in staking to collect the associated rewards. But, while maintaining total control of its funds, thanks to the creation of a token (stETH) intended to represent them. A digital millefeuille - considered by some analysts as unstable - at the origin of the appearance of an entire ecosystem. With superimposed options from Restaking, such as the giant EigenLayer, and centralized platforms (CEX) determined to surf this trend using internal solutions. This is, for example, the case of the undisputed leader Binance, which has just announced the upcoming launch of a Liquid Staking option applied to Solana's SOL cryptocurrency. Code name: BNSOL. What is the BNSOL? The information has just fallen like a countdown. Indeed, the Binance platform announces the upcoming launch of a Liquid Staking solution applied to Solana (SOL) in September. A service identical to those offered within the DeFi, in a version presented as "transparent and flexible. "Because the BNSOL will be released on Binance in order to be able to carry out all the desired operations. But, it can also be used outside the exchange... to the extent that it will be adopted by the protocols concerned. Because users "retain total control over their assets deposited in staking. " "In contrast to native staking, which locks assets, BNSOL allows users to unlock liquidity, enjoy a continuous accumulation of rewards and participate seamlessly in both the Binance platform and the wider DeFi ecosystem. This makes it an ideal solution for those looking to maximize the potential of their Solana tokens deposited in staking. "Vishal Sacheendran, Director of Regional Markets at Binance With this new Liquid Staking option, the Binance platform demonstrates its ambition to remain positioned at the forefront of innovations in the cryptocurrency sector. All while guaranteeing unparalleled security, thanks to a surveillance system that will have prevented the potential loss of more than $2.4 billion to its users. #Binance #BNB #ETH #Bitcoin #SolanaUSTD

Binance embarks on Solana's Liquid Staking (SOL) with the BNSOL!

Liquid Binance The cryptocurrency market is evolving at the pace of successive revolutions that mark its development. One of them is none other than the Liquid Staking principle initially applied to Ethereum. A way to deposit your funds to collect the associated rewards, without however blocking their use in the context of ancillary activities. A financial menna that the Binance platform obviously does not want to pass. Because it has just announced the upcoming launch of a BNSOL formula, applied to Solana (SOL).
Binance launches into Solana's Liquid Staking (SOL)
The principle of Liquid Staking was initiated by the now emblematic Lido Finance protocol. With immediate success, quickly counted in tens of billions of dollars from TVL. This to the point of posing an obvious problem of too much centralization for the Ethereum network.
It must be said that the formula has everything to please. Because it allows you to deposit your ETH cryptocurrencies in staking to collect the associated rewards. But, while maintaining total control of its funds, thanks to the creation of a token (stETH) intended to represent them.
A digital millefeuille - considered by some analysts as unstable - at the origin of the appearance of an entire ecosystem. With superimposed options from Restaking, such as the giant EigenLayer, and centralized platforms (CEX) determined to surf this trend using internal solutions.
This is, for example, the case of the undisputed leader Binance, which has just announced the upcoming launch of a Liquid Staking option applied to Solana's SOL cryptocurrency. Code name: BNSOL.
What is the BNSOL?
The information has just fallen like a countdown. Indeed, the Binance platform announces the upcoming launch of a Liquid Staking solution applied to Solana (SOL) in September.
A service identical to those offered within the DeFi, in a version presented as "transparent and flexible. "Because the BNSOL will be released on Binance in order to be able to carry out all the desired operations. But, it can also be used outside the exchange... to the extent that it will be adopted by the protocols concerned. Because users "retain total control over their assets deposited in staking. "
"In contrast to native staking, which locks assets, BNSOL allows users to unlock liquidity, enjoy a continuous accumulation of rewards and participate seamlessly in both the Binance platform and the wider DeFi ecosystem. This makes it an ideal solution for those looking to maximize the potential of their Solana tokens deposited in staking. "Vishal Sacheendran, Director of Regional Markets at Binance
With this new Liquid Staking option, the Binance platform demonstrates its ambition to remain positioned at the forefront of innovations in the cryptocurrency sector. All while guaranteeing unparalleled security, thanks to a surveillance system that will have prevented the potential loss of more than $2.4 billion to its users.
#Binance #BNB #ETH #Bitcoin #SolanaUSTD
LIVE
--
Bullish
MT GOX' FORMER CEO IS LAUNCHING A BRAND-NEW CRYPTO EXCHANGE - According to today reports, the former-CEO of the #MtGox exchange is launching an entirely new crypto exchange platform, called EllipX. - The exchange will be based in Poland, will comply with Europe’s new MiCA regulations, and will begin by serving European users. However, it plans to expand this user base in the future, according to Cointelegraph. - What’s more, in an effort to regain the trust of those affected by the well-known Mt Gox saga, EllipX will offer the exchange’s past users a fee discount of at least 50%, said Mark Karpeles in an interview with the publication. - Despite being targeted with threats after the infamous 2014 bankruptcy of the Mt Gox exchange, Karpeles is optimistic about community response to the news. “I didn’t even expect to be at a Bitcoin conference ever again related to crypto… a couple of years later, people actually came to me and told me, hey, why don’t you come do a lecture at our conference”, the founder told Cointelegraph. - The news comes just two months after Mt Gox began repayments to its former-customers. - Said repayments began at the start of July 2024 and will see/have seen creditors repaid sums totalling as much as $7-8 billion worth of assets, predominantly in $BTC, per a Bloomberg report. #Binance #DeFi #Bitcoin
MT GOX' FORMER CEO IS LAUNCHING A BRAND-NEW CRYPTO EXCHANGE

- According to today reports, the former-CEO of the #MtGox exchange is launching an entirely new crypto exchange platform, called EllipX.

- The exchange will be based in Poland, will comply with Europe’s new MiCA regulations, and will begin by serving European users. However, it plans to expand this user base in the future, according to Cointelegraph.

- What’s more, in an effort to regain the trust of those affected by the well-known Mt Gox saga, EllipX will offer the exchange’s past users a fee discount of at least 50%, said Mark Karpeles in an interview with the publication.

- Despite being targeted with threats after the infamous 2014 bankruptcy of the Mt Gox exchange, Karpeles is optimistic about community response to the news.

“I didn’t even expect to be at a Bitcoin conference ever again related to crypto… a couple of years later, people actually came to me and told me, hey, why don’t you come do a lecture at our conference”, the founder told Cointelegraph.

- The news comes just two months after Mt Gox began repayments to its former-customers.

- Said repayments began at the start of July 2024 and will see/have seen creditors repaid sums totalling as much as $7-8 billion worth of assets, predominantly in $BTC, per a Bloomberg report.
#Binance #DeFi #Bitcoin
Developers and insiders have increasingly powerful tools to rug pulls using advanced techniques.Expose Series . Part 2 One of them shared the tool's code with me! Here’s a detailed explanation of how they execute rug pulls without giving you any way to notice To understand how to avoid rug pulls, you first need to know how these rugs are executed from the developer’s side. A few days ago, I discovered a tool developers use for rug pulls and concluded that the tools available to analyze meme coins lag behind those rug pullers' use. One of these insiders sent me one of the tools they use. I was amazed by how powerful it is. The tool is developed in Python and can be executed via a command-line terminal. It includes all the options insiders need. hey start by generating new wallets using one of the tool’s options. The tool allows them to create as many wallets as they want. They just need to specify the number of wallets they need, and they are automatically generated. Once the independent wallets are created, they fund them using the “Wallet UI” and “Fund wallets” options. The amount is randomly distributed across all the wallets. These wallets are funded from various addresses, making it impossible to link them together. For each funded wallet, they automatically create fake volume on Raydium and Pump Fun to make it look like these wallets have been used in the past. This adds realism to the strategy. This step is the most time-consuming part. Then, they are ready to launch on Pump Fun. The supply bought by the developer is automatically distributed across all these wallets. On-chain, you’ll see that the developer only holds 1% of the supply, but you won’t know that they control another 20% across various unlinked wallets. As you can see, everything is managed by the tool, but that’s not all! When the meme reaches a certain market cap, they have the option to sell everything from all the wallets with a single click, making the process incredibly fast. Before selling, they usually create fake volume again using automated tools. I’ve made an article detailing how they generate fake volume. [Don’t be naive, most of what you see is fake, especially with memecoins.](https://app.binance.com/uni-qr/cart/13002518991034?l=en&r=76577491&uc=web_square_share_link&uco=oV54TKfDNUPqG1Rm8Od-Aw&us=copylink) It’s frightening because there’s no tool available that can detect the use of such sophisticated tools. Forget about Rugcheckxyz or Token_Sniffer, they won’t catch anything! Even bubblemaps won’t show you the connections between wallets. So, what can you do? One alternative is to check the social activity. High trading volume should correspond with high activity on social platforms like Twitter and Telegram. Unlike wallet bots, social bots are much easier to detect. You can use TweetScout_io (X) for this. The tool I’ve shown you is highly effective, and don’t believe anyone who says you can create such a tool with chatGPT alone. While chatGPT can assist in development, it won’t build it by itself. If you’re not a developer, you won’t be able to create tools like this. It requires a lot of technical skills. I’m not showing you this so you can use these kinds of tools yourself, but to make you aware of how some developers manage to rug pull without it being detectable beforehand. Also, be careful about running any tools on your computer, as some might be malicious. part 3: [The Reentrancy Attack is one of the most destructive in crypto, yet still one of the least known.](https://app.binance.com/uni-qr/cart/13133362574634?l=fr&r=76577491&uc=web_square_share_link&uco=oV54TKfDNUPqG1Rm8Od-Aw&us=copylink) I hope you've found this article helpful. Follow me @Bluechip for more. Like/Repost the quote if you can. #TON #USDataImpact #CryptoMarketMoves #SolanaUSTD #NFPWatch

Developers and insiders have increasingly powerful tools to rug pulls using advanced techniques.

Expose Series . Part 2
One of them shared the tool's code with me!
Here’s a detailed explanation of how they execute rug pulls without giving you any way to notice
To understand how to avoid rug pulls, you first need to know how these rugs are executed from the developer’s side.
A few days ago, I discovered a tool developers use for rug pulls and concluded that the tools available to analyze meme coins lag behind those rug pullers' use.
One of these insiders sent me one of the tools they use.
I was amazed by how powerful it is.
The tool is developed in Python and can be executed via a command-line terminal. It includes all the options insiders need.

hey start by generating new wallets using one of the tool’s options.
The tool allows them to create as many wallets as they want.
They just need to specify the number of wallets they need, and they are automatically generated.

Once the independent wallets are created, they fund them using the “Wallet UI” and “Fund wallets” options.
The amount is randomly distributed across all the wallets.
These wallets are funded from various addresses, making it impossible to link them together.

For each funded wallet, they automatically create fake volume on Raydium and Pump Fun to make it look like these wallets have been used in the past.
This adds realism to the strategy. This step is the most time-consuming part.

Then, they are ready to launch on Pump Fun.
The supply bought by the developer is automatically distributed across all these wallets.
On-chain, you’ll see that the developer only holds 1% of the supply, but you won’t know that they control another 20% across various unlinked wallets.

As you can see, everything is managed by the tool, but that’s not all!

When the meme reaches a certain market cap, they have the option to sell everything from all the wallets with a single click, making the process incredibly fast.

Before selling, they usually create fake volume again using automated tools.
I’ve made an article detailing how they generate fake volume.
Don’t be naive, most of what you see is fake, especially with memecoins.
It’s frightening because there’s no tool available that can detect the use of such sophisticated tools.

Forget about Rugcheckxyz or Token_Sniffer, they won’t catch anything!
Even bubblemaps won’t show you the connections between wallets.

So, what can you do?
One alternative is to check the social activity.
High trading volume should correspond with high activity on social platforms like Twitter and Telegram.
Unlike wallet bots, social bots are much easier to detect. You can use TweetScout_io (X) for this.

The tool I’ve shown you is highly effective, and don’t believe anyone who says you can create such a tool with chatGPT alone.
While chatGPT can assist in development, it won’t build it by itself.
If you’re not a developer, you won’t be able to create tools like this. It requires a lot of technical skills.
I’m not showing you this so you can use these kinds of tools yourself, but to make you aware of how some developers manage to rug pull without it being detectable beforehand.
Also, be careful about running any tools on your computer, as some might be malicious.
part 3: The Reentrancy Attack is one of the most destructive in crypto, yet still one of the least known.
I hope you've found this article helpful.
Follow me @Bluechip for more.
Like/Repost the quote if you can.
#TON #USDataImpact #CryptoMarketMoves #SolanaUSTD #NFPWatch
LIVE
--
Bullish
What happened in Crypto the last 12hrs...? Market Trends and Analysis - Lookonchain highlights that "September is usually bearish, while October tends to be bullish" for $BTC - Bitfinex analysts believe an interest rate cut may cause a Bitcoin price spike but "could be followed by a correction as recession concerns escalate" per The Block - Solana network transactions hit multi-month low in August per The Block Major Transfers and Financial Movements - DWF Labs receives 10M $FET tokens ($11.8M) from the project's foundation per Lookonchain - Arkham data shows that Terraform Labs has transferred 1,075 $BTC to a new address ~ Wu Blockchain Regulatory and Legal Actions - SEC has charged crypto-focused advisory firm 'Galois Capital' for custody failures per DB Project Announcements and Developments - Scroll L2 releases video seemingly teasing upcoming token issuance and airdrop per Wu Blockchain - Hypernative Labs raises $16M in Series A investment round - Matter Labs, developer behind zkSync, lays off 16% of staff - Ton Ventures announces new $2.5M accelerator program per DL News - Ethena partners with Eigen Layer's EtherFi to introduce USDE to be used as security within a shared platform - per Infinity Hedge - New Donald Trump crypto project will be built on Ethereum using $AAVE, price of $AAVE jumps 4% on the news - The Block - SunPump to implement "100% on-chain buyback and burn process" per Justin Sun #BTC☀ #Bitcoin❗ #DOGSONBINANCE #CryptoMarketMoves #TON
What happened in Crypto the last 12hrs...?
Market Trends and Analysis
- Lookonchain highlights that "September is usually bearish, while October tends to be bullish" for $BTC
- Bitfinex analysts believe an interest rate cut may cause a Bitcoin price spike but "could be followed by a correction as recession concerns escalate" per The Block
- Solana network transactions hit multi-month low in August per The Block
Major Transfers and Financial Movements
- DWF Labs receives 10M $FET tokens ($11.8M) from the project's foundation per Lookonchain
- Arkham data shows that Terraform Labs has transferred 1,075 $BTC to a new address ~ Wu Blockchain
Regulatory and Legal Actions
- SEC has charged crypto-focused advisory firm 'Galois Capital' for custody failures per DB
Project Announcements and Developments
- Scroll L2 releases video seemingly teasing upcoming token issuance and airdrop per Wu Blockchain
- Hypernative Labs raises $16M in Series A investment round
- Matter Labs, developer behind zkSync, lays off 16% of staff
- Ton Ventures announces new $2.5M accelerator program per DL News
- Ethena partners with Eigen Layer's EtherFi to introduce USDE to be used as security within a shared platform - per Infinity Hedge
- New Donald Trump crypto project will be built on Ethereum using $AAVE, price of $AAVE jumps 4% on the news - The Block
- SunPump to implement "100% on-chain buyback and burn process" per Justin Sun
#BTC☀ #Bitcoin❗ #DOGSONBINANCE #CryptoMarketMoves #TON
Traditionally, September is a tough month for $BTC.However, this year brings a slew of major events. September key events + some insights September promises to be an interesting month for the market, especially for crypto. Several key events could increase market volatility: - Labor market data will be released on September 6. Similar reports on July 5 and August 5 caused significant volatility, especially the significant decline on August 5. The market now views job creation, rather than inflation, as the primary indicator of the American economy's health. On September 18, the results of the two-day Fed meeting, including the decision on rate cuts, will be announced. September 20 marks triple witching, which occurs only four times a year—on the third Friday of March, June, September, and December—and can lead to a sharp increase in trading volume and volatility. On September 29, @CZ will be released from prison. Many analysts expect $BNB to rise on this news. Additionally, it's worth noting that September has traditionally been a challenging month for Bitcoin, often marked by volatility and downturns due to post-summer trading slumps and macroeconomic shifts. Consequently, a decline in Bitcoin's price is likely this month. #BlackRockETHOptions #TON #bitcoin☀️ #BinanceSquareFamily

Traditionally, September is a tough month for $BTC.

However, this year brings a slew of major events.
September key events + some insights

September promises to be an interesting month for the market, especially for crypto.

Several key events could increase market volatility:
- Labor market data will be released on September 6. Similar reports on July 5 and August 5 caused significant volatility, especially the significant decline on August 5.
The market now views job creation, rather than inflation, as the primary indicator of the American economy's health.

On September 18, the results of the two-day Fed meeting, including the decision on rate cuts, will be announced.

September 20 marks triple witching, which occurs only four times a year—on the third Friday of March, June, September, and December—and can lead to a sharp increase in trading volume and volatility.

On September 29, @CZ will be released from prison. Many analysts expect $BNB to rise on this news.

Additionally, it's worth noting that September has traditionally been a challenging month for Bitcoin, often marked by volatility and downturns due to post-summer trading slumps and macroeconomic shifts.

Consequently, a decline in Bitcoin's price is likely this month.

#BlackRockETHOptions #TON #bitcoin☀️ #BinanceSquareFamily
FTX scandal: The SEC sows trouble on the reimbursement of customers in stablecoinsThe SEC puts its grain of sand in the FTX papers. Which fly could have bitten the American regulator to make him feel obliged to come and put a little more confusion in an already very complex file? While the judge has not yet definitively ruled on the nature of the refunds of customers of the bankrupt platform, the SEC now explains "that it reserves the right to challenge transactions involving cryptoassets" while we speak a priori of stablecoins. While customers are just beginning to mourn their cryptocurrencies and the gains that would have come with them, they are now being explained that even a refund in stablecoins could be a problem. Let's see what we know on this Monday morning. FTX: The US regulator "reserves the right to challenge transactions involving cryptoassets" Whether you are directly concerned by the current procedure or not, the setbacks of FTX customers cannot leave you indifferent as the fate seems to be fierce against them. After the first months of anxiety to wonder if they would ever see their investments again, hope finally returned, but it was short-lived. The new management of FTX made an abrupt decision last spring that left unhappy users in deep distress: the funds would be repaid in dollars at their bankruptcy day value. "Treason", "scandal", we heard everything about this decision and despite the effects of the announcement of management that promised a "+118% of their receivables", in detail, this did not apply to most portfolios. There remained the possibility of being reimbursed in stablecoins to avoid additional taxation due to receiving currency, but ultimately, even this could be a problem. And, it is the SEC, the American regulator, that has just sown trouble. The SEC's approach sows trouble in the procedure and annoys the American cryptosphere In a file she filed with the United States Bankruptcy Court of Delaware, Gary Gensler's legal teams made a rather convoluted statement as follows: "The SEC does not rule on the legality, under federal securities laws, of the transactions described in the plan and reserves the right to challenge transactions involving crypto assets. "Statement of SEC lawyers in a file filed with the court – Source: Justice US Yes, you read that right, the regulator could oppose a refund in stablecoins under the Securities Act even though stablecoins circulate happily throughout the country! What justifies this remark? What are the regulator's reservations on the substance of the file? No additional statement has yet come to explain the statements of the SEC, but the news has triggered the ire of some American crypto personalities. Alex Thorn, head of Galaxy Digital, is outraged by this new free and "absurd" attack by the SEC even though the status of stablecoins has been fixed for him for a long time. Same bell ringing on the side of Paul Grewal, the highly media legal director of Coinbase, who ironizes Washington's threats: "Why bring clarity to the market when threats and slander are enough? Investors, consumers and financial markets deserve much better than that. "Paul Grewal, Coinbase's legal director - Source: Account X The deep motivations of the Securities and Exchange Commission remain very vague to date and we cannot bring ourselves to believe that it is just a statement to "bother" the crypto sector as Paul Grewal seems to suspect. Can the financial regulator of the world's leading economy deliberately make this kind of statement without any justification? Answer in the coming days with, hopefully, a reasoned and relevant text explanation from Gary Gensler's entire team. Otherwise, it could suffer a new fire from the American crypto industry, which is already very upset by all its work. #PowellAtJacksonHole #LowestCPI2021 #BlackRockETHOptions #BTC☀ #CryptoMarketMoves

FTX scandal: The SEC sows trouble on the reimbursement of customers in stablecoins

The SEC puts its grain of sand in the FTX papers. Which fly could have bitten the American regulator to make him feel obliged to come and put a little more confusion in an already very complex file? While the judge has not yet definitively ruled on the nature of the refunds of customers of the bankrupt platform, the SEC now explains "that it reserves the right to challenge transactions involving cryptoassets" while we speak a priori of stablecoins. While customers are just beginning to mourn their cryptocurrencies and the gains that would have come with them, they are now being explained that even a refund in stablecoins could be a problem. Let's see what we know on this Monday morning.
FTX: The US regulator "reserves the right to challenge transactions involving cryptoassets"
Whether you are directly concerned by the current procedure or not, the setbacks of FTX customers cannot leave you indifferent as the fate seems to be fierce against them. After the first months of anxiety to wonder if they would ever see their investments again, hope finally returned, but it was short-lived. The new management of FTX made an abrupt decision last spring that left unhappy users in deep distress: the funds would be repaid in dollars at their bankruptcy day value.
"Treason", "scandal", we heard everything about this decision and despite the effects of the announcement of management that promised a "+118% of their receivables", in detail, this did not apply to most portfolios. There remained the possibility of being reimbursed in stablecoins to avoid additional taxation due to receiving currency, but ultimately, even this could be a problem. And, it is the SEC, the American regulator, that has just sown trouble.

The SEC's approach sows trouble in the procedure and annoys the American cryptosphere
In a file she filed with the United States Bankruptcy Court of Delaware, Gary Gensler's legal teams made a rather convoluted statement as follows:
"The SEC does not rule on the legality, under federal securities laws, of the transactions described in the plan and reserves the right to challenge transactions involving crypto assets. "Statement of SEC lawyers in a file filed with the court – Source: Justice US
Yes, you read that right, the regulator could oppose a refund in stablecoins under the Securities Act even though stablecoins circulate happily throughout the country! What justifies this remark? What are the regulator's reservations on the substance of the file? No additional statement has yet come to explain the statements of the SEC, but the news has triggered the ire of some American crypto personalities.
Alex Thorn, head of Galaxy Digital, is outraged by this new free and "absurd" attack by the SEC even though the status of stablecoins has been fixed for him for a long time. Same bell ringing on the side of Paul Grewal, the highly media legal director of Coinbase, who ironizes Washington's threats:
"Why bring clarity to the market when threats and slander are enough? Investors, consumers and financial markets deserve much better than that. "Paul Grewal, Coinbase's legal director - Source: Account X
The deep motivations of the Securities and Exchange Commission remain very vague to date and we cannot bring ourselves to believe that it is just a statement to "bother" the crypto sector as Paul Grewal seems to suspect. Can the financial regulator of the world's leading economy deliberately make this kind of statement without any justification? Answer in the coming days with, hopefully, a reasoned and relevant text explanation from Gary Gensler's entire team. Otherwise, it could suffer a new fire from the American crypto industry, which is already very upset by all its work.
#PowellAtJacksonHole #LowestCPI2021 #BlackRockETHOptions #BTC☀ #CryptoMarketMoves
Don’t be naive, most of what you see is fake, especially with memecoins.99% of insiders manipulate millions of $$ in fake trading volume to attract buyers. Here's how they do it and how you can spot them When you visit tools like dexscreener or DEXToolsApp, tokens are often listed in descending order based on volume, with the highest volume tokens appearing first. These tokens get the most visibility, increasing their chances of being purchased by retail investors. The two key metrics that boost a token's ranking on these platforms are volume and the number of holders. You might also look at these metrics before making a purchase. However, in many cases, these volumes and holder counts are fake. So, how do they manage this? There are several methods to fake the number of holders and trading volume: • Solo buy/sell (not very effective) • Coordinating with friends (somewhat effective) • Automating the process using thousands of independent wallets (highly effective) It's the third method that is most commonly used. However, this approach requires significant organization: • Servers to run the code that automates these activities 24/7 • A node validator to prevent network congestion • Money to generate the necessary volume For a long time, only developers could set this up, but that's no longer the case👇 Nowadays, most of them use public Telegram bots like orbitt_ai, which allow anyone to fake holders and volume with just a few clicks. The process is straightforward: you choose a package and quickly configure the bot on Telegram. For example, a package costing 9 SOL provides 1,444 wallets and three transactions per minute. The 60 SOL package offers 4,332 wallets and 14 transactions per minute. This is undetectable on bubblemaps because the wallets are not linked, and the bot uses various node providers. I was surprised to see how easy it was to set up the bot: • Launch the Telegram bot. • Provide the address of the token you want to boost. • Confirm by sending the package price to the specified address. I tested this on a random meme token, and its Mcap did 5x in just 24H. It’s frightening! I'm not showing you this so that you'll use it, but rather to demonstrate how easy it is to manipulate these metrics. This ease of manipulation explains why so many people do it, there are no significant technical barriers. But how can you identify this manipulation to avoid being misled? Know that it's nearly impossible to detect these practices using tools like Bubblemaps because the wallets involved are independent and are not usually newly created. The same wallet can be used to boost volume across many different meme tokens. The method I’ve found effective is analyzing the associated Telegram group. High trading volume should correlate with high Telegram activity. If the Telegram group isn’t active (with multiple messages per minute), it likely means the volume is artificially inflated by bots. You might say, “The Telegram group itself could also be botted,” and you'd be right. However, identifying a botted Telegram group is easier than spotting fake trading volume. The messages and profiles of Telegram bots are usually obvious, with phrases like “Buy now,” “LFG,” “To the moon,” and similar. PART2: [Developers and insiders have increasingly powerful tools to rug pulls using advanced techniques.](https://app.binance.com/uni-qr/cart/13063513253049?l=fr&r=76577491&uc=web_square_share_link&uco=oV54TKfDNUPqG1Rm8Od-Aw&us=copylink) part 3: [The Reentrancy Attack is one of the most destructive in crypto, yet still one of the least known.](https://app.binance.com/uni-qr/cart/13133362574634?l=fr&r=76577491&uc=web_square_share_link&uco=oV54TKfDNUPqG1Rm8Od-Aw&us=copylink) I hope you've found this article helpful. Follow me @Bluechip for more. Like/Repost the quote if you can. #TON #DOGSONBINANCE #CryptoMarketMoves #SolanaUSTD #mememcoinseason2024

Don’t be naive, most of what you see is fake, especially with memecoins.

99% of insiders manipulate millions of $$ in fake trading volume to attract buyers.
Here's how they do it and how you can spot them

When you visit tools like dexscreener or DEXToolsApp, tokens are often listed in descending order based on volume, with the highest volume tokens appearing first.
These tokens get the most visibility, increasing their chances of being purchased by retail investors.
The two key metrics that boost a token's ranking on these platforms are volume and the number of holders.
You might also look at these metrics before making a purchase.
However, in many cases, these volumes and holder counts are fake. So, how do they manage this?
There are several methods to fake the number of holders and trading volume:
• Solo buy/sell (not very effective)
• Coordinating with friends (somewhat effective)
• Automating the process using thousands of independent wallets (highly effective)
It's the third method that is most commonly used.
However, this approach requires significant organization:

• Servers to run the code that automates these activities 24/7
• A node validator to prevent network congestion
• Money to generate the necessary volume

For a long time, only developers could set this up, but that's no longer the case👇

Nowadays, most of them use public Telegram bots like orbitt_ai, which allow anyone to fake holders and volume with just a few clicks.
The process is straightforward: you choose a package and quickly configure the bot on Telegram.
For example, a package costing 9 SOL provides 1,444 wallets and three transactions per minute.
The 60 SOL package offers 4,332 wallets and 14 transactions per minute.
This is undetectable on bubblemaps because the wallets are not linked, and the bot uses various node providers.

I was surprised to see how easy it was to set up the bot:
• Launch the Telegram bot.
• Provide the address of the token you want to boost.
• Confirm by sending the package price to the specified address.
I tested this on a random meme token, and its Mcap did 5x in just 24H. It’s frightening!

I'm not showing you this so that you'll use it, but rather to demonstrate how easy it is to manipulate these metrics.
This ease of manipulation explains why so many people do it, there are no significant technical barriers.
But how can you identify this manipulation to avoid being misled?
Know that it's nearly impossible to detect these practices using tools like Bubblemaps because the wallets involved are independent and are not usually newly created.
The same wallet can be used to boost volume across many different meme tokens.

The method I’ve found effective is analyzing the associated Telegram group.
High trading volume should correlate with high Telegram activity.
If the Telegram group isn’t active (with multiple messages per minute), it likely means the volume is artificially inflated by bots.
You might say, “The Telegram group itself could also be botted,” and you'd be right.
However, identifying a botted Telegram group is easier than spotting fake trading volume.
The messages and profiles of Telegram bots are usually obvious, with phrases like “Buy now,” “LFG,” “To the moon,” and similar.
PART2: Developers and insiders have increasingly powerful tools to rug pulls using advanced techniques.
part 3: The Reentrancy Attack is one of the most destructive in crypto, yet still one of the least known.
I hope you've found this article helpful.
Follow me @Bluechip for more.
Like/Repost the quote if you can.
#TON #DOGSONBINANCE #CryptoMarketMoves #SolanaUSTD #mememcoinseason2024
LIVE
--
Bullish
ALPHA WATCHLIST - POTENTIAL PRICE TRIGGERS THIS WEEK Token Unlocks: [Sep 3] 0.68% of $DYDX circ. supply [Sep 4] 0.51% of $LQTY circ. supply [Sep 5] 19.02% of $TAIKO circ. supply [Sep 6] 2.06% of $IMX circ. supply [Sep 7] 3.06% of $HFT circ. supply Macro Events: [Sep 4] Federal Reserve’s Beige Book [Sep 4] Bank of Canada interest rate decision [Sep 6] US payrolls/unemployment data [Sep 8] Japanese Q2 GDP data Crypto Events: [Sep 1-7] Korea Blockchain Week with speakers such as Vitalik Buterin and Richard Teng [Sep 2] Voting ends for Injective’s IIP-429 which would dynamically reduce token supply [Sep 3] Arbitrum’s Stylus upgrade goes live [Sep 4] Polygon implements $MATIC to $POL on mainnet [Sep 4] Hedera testnet upgrade [Sep 4] THORChain hard fork upgrade [Sep 5] Babydoge memecoin launches on Solana [Sep 6] Bybit to delist $TAMA token [Sep 10] Sushi to launch own memecoin launch platform
ALPHA WATCHLIST - POTENTIAL PRICE TRIGGERS THIS WEEK

Token Unlocks:
[Sep 3] 0.68% of $DYDX circ. supply
[Sep 4] 0.51% of $LQTY circ. supply
[Sep 5] 19.02% of $TAIKO circ. supply
[Sep 6] 2.06% of $IMX circ. supply
[Sep 7] 3.06% of $HFT circ. supply

Macro Events:
[Sep 4] Federal Reserve’s Beige Book
[Sep 4] Bank of Canada interest rate decision
[Sep 6] US payrolls/unemployment data
[Sep 8] Japanese Q2 GDP data

Crypto Events:
[Sep 1-7] Korea Blockchain Week with speakers such as Vitalik Buterin and Richard Teng
[Sep 2] Voting ends for Injective’s IIP-429 which would dynamically reduce token supply
[Sep 3] Arbitrum’s Stylus upgrade goes live
[Sep 4] Polygon implements $MATIC to $POL on mainnet
[Sep 4] Hedera testnet upgrade
[Sep 4] THORChain hard fork upgrade
[Sep 5] Babydoge memecoin launches on Solana
[Sep 6] Bybit to delist $TAMA token
[Sep 10] Sushi to launch own memecoin launch platform
CRYPTO HACKS COST $313.86M IN AUGUST: WHAT WE KNOW - August has been a brutal month for the crypto industry, with over $313 million in digital assets stolen across more than ten separate hacks, according to PeckShield. Key Stats: - Total Loss: $313.86 million. - Phishing Attacks: Responsible for 95% of the stolen funds, totaling about $293.4 million. Top Hacks: - Two phishing attacks drained $238 million in Bitcoin and $55.4 million in Dai. - The Ronin Network exploit resulted in a $5.1 million loss, though $12 million was recovered. - Nexera, a DeFi protocol, lost $1.83 million due to a smart contract exploit. Ongoing Concerns: - According to Immunefi, $1.21 billion in digital assets have been lost to hacks and rug pulls as of August 2024. - In July, WazirX suffered a major breach, losing $234.9 million from a multisig wallet. The exchange is working on a phased recovery plan and legal action in Singapore. #TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #CryptoMarketMoves
CRYPTO HACKS COST $313.86M IN AUGUST: WHAT WE KNOW

- August has been a brutal month for the crypto industry, with over $313 million in digital assets stolen across more than ten separate hacks, according to PeckShield.

Key Stats:

- Total Loss: $313.86 million.
- Phishing Attacks: Responsible for 95% of the stolen funds, totaling about $293.4 million.

Top Hacks:

- Two phishing attacks drained $238 million in Bitcoin and $55.4 million in Dai.
- The Ronin Network exploit resulted in a $5.1 million loss, though $12 million was recovered.
- Nexera, a DeFi protocol, lost $1.83 million due to a smart contract exploit.

Ongoing Concerns:

- According to Immunefi, $1.21 billion in digital assets have been lost to hacks and rug pulls as of August 2024.

- In July, WazirX suffered a major breach, losing $234.9 million from a multisig wallet. The exchange is working on a phased recovery plan and legal action in Singapore.
#TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #CryptoMarketMoves
The 10 best cryptocurrencies in September to follow closelyAugust is Marked by Significant Volatility in the Cryptocurrency Market However, traders are preparing for September with high hopes. With the long-anticipated drop in interest rates in the USA, cryptocurrencies could make a significant impact. In the meantime, discover this selection of 10 tokens likely to stand out during this ninth month of the year. Tron (TRX): The Memecoin Mania Continues The Tron network has entered the memecoin race this August with the SunPump platform. And it’s safe to say that the project is already seeing considerable success. According to Dune data, SunPump has already recorded over 55,000 tokens created and $3.4 million in revenue. This enthusiasm is also reflected in Tron’s network performance. The blockchain recently hit a new daily revenue peak of $3.84 million. SunPump and Tron could continue to make headlines in September. Moreover, Justin Sun promises more developments soon, having confirmed a 50% reduction in gas fees for trading on SunPump. Despite multiple market downturns, $TRX remains up 20% over the last 30 days, according to CoinMarketCap. Solana ($SOL): Pumpfun Surpasses $100 Million in Revenue $SOL is among the best-performing cryptocurrencies of 2024. Over the past year, the token has climbed 613%, according to CoinMarketCap data. SOL’s rise is attributed to the growing adoption of its network, particularly earlier this year with the surge of memecoins. As networks like Tron join the race, Solana is losing ground. However, PumpFun, its memecoin generator, has just surpassed $100 million in total revenue. With user activity on the network and other factors like falling interest rates, $SOL could perform well in September. Notably, this month looks exciting for the Solana community, with the Solana BreakPoint event scheduled for September 20-21. XRP ($XRP): A "Big Move" Expected XRP ($XRP) has captured the attention of cryptocurrency observers after several important developments. First, the project received a favorable verdict in its lawsuit against the SEC. Additionally, Japan’s announcement regarding the national adoption of XRP has rekindled interest in the token. All these factors put the cryptocurrency in a positive momentum heading into September. Upcoming events this month could also boost the token. Analyst JD anticipates a "big move" for XRP soon. Based on Bollinger Bands analysis of the XRP chart, he predicts a rise between 10x and 650x over the next year! Crypto All-Stars ($STARS): $889,000 Raised in Two Weeks of Presale Crypto All-Stars ($STARS) is a cryptocurrency launched in presale in August 2024. It has already attracted investor attention, raising $889,000 in this ICO. $STARS could see a strong influx in September as its project begins to convince traders. In fact, Crypto All-Stars brings innovation to the cryptocurrency sector with MemeVault, a multi-token, multi-chain staking protocol. It is still under development and should host 11 prominent memecoins after its launch. Toncoin ($TON): Whales Take Advantage of the Dip to Buy Toncoin ($TON) is currently facing several challenges. The crypto notably dropped over 20% on August 25 after the arrest of Pavel Durov, CEO of Telegram. Simultaneously, the network has experienced disruptions in recent days due to a traffic spike. Nevertheless, whales remain optimistic about $TON. Recently, Lookonchain reported that trader Shan spent $200,000 to buy $30,282 worth of $TON. September could allow Toncoin to start recovering and cover its recent losses. Reserve Rights ($RSR) Reserve Rights ($RSR) is the native and governance cryptocurrency of the Reserve Protocol. Launched in 2019, the project aims to provide a decentralized stablecoin that can withstand inflation. The development of the program and its adoption continue to boost $RSR. Over the last 30 days, $RSR has seen an 18% increase. The crypto could maintain its momentum in September. Pepe Unchained ($PEPU): $11.3 Million Raised So Far Pepe Unchained ($PEPU) has recorded significant funding in August. At the time of writing, the project is raising $11.3 million in its ICO. With this resounding success, $PEPU could debut in the market very soon. The growing interest from investors should further boost it in September. Moreover, the launch of its layer 2 solution is highly anticipated. This Ethereum-based layer 2 solution is expected to offer faster transactions and lower gas fees, positioning $PEPU among the promising new memecoins in September. While no official announcement has been made, it’s likely that PEPU will be listed this week. Artificial Superintelligence ($FET): A Leading AI Crypto in 2024 Artificial Superintelligence ($FET) is a new player in the AI cryptocurrency subsector. The project emerged from the merger of Fetch.ai, SingularityNet, and Ocean Protocol. $FET has recently attracted attention after a 70% increase ahead of Nvidia’s earnings report. As noted by Dan Ives, an analyst at Wedbush Securities, "everything is set for tech stocks like Nvidia to progress," which should serve as a catalyst for the crypto. $FET could benefit from its development and such factors to stand out in September. Tether Gold (xAUt): The Gold-Backed Stablecoin Tether Gold (xAUt) is a stablecoin issued by Tether. It is backed by gold on a 1:1 basis, allowing it to benefit from the precious metal's performance. On August 20, the spot price of gold reached a historic high of $2,538.30. This breakthrough also enabled Tether Gold to hit a new all-time high at the same price. Over the last 30 days, xAUt has increased by 5.12%, according to CoinMarketCap. With gold performing well in 2024, Tether Gold could continue its momentum in September while offering stability to portfolios. Open Campus ($EDU): A Fairer Educational System on Web3 Open Campus ($EDU ) is an ambitious crypto project aiming to create a fairer educational system on Web 3. Recently, developers announced the launch of EDU Chain on Arbitrum. This platform is expected to bring together teachers and students for a decentralized learning experience. $EDU is at the heart of all these projects and serves to incentivize various stakeholders in the Open Campus system. The crypto could continue to capitalize on the project’s development in September. Disclaimer: This article does not contain investment advice. It is intended solely to inform you about the market state. Investing carries significant risks, especially in cryptocurrencies. #TON #DOGSONBINANCE #CryptoMarketMoves #BNBChainMemecoins #BinanceBlockchainWeek

The 10 best cryptocurrencies in September to follow closely

August is Marked by Significant Volatility in the Cryptocurrency Market
However, traders are preparing for September with high hopes. With the long-anticipated drop in interest rates in the USA, cryptocurrencies could make a significant impact. In the meantime, discover this selection of 10 tokens likely to stand out during this ninth month of the year.
Tron (TRX): The Memecoin Mania Continues
The Tron network has entered the memecoin race this August with the SunPump platform. And it’s safe to say that the project is already seeing considerable success. According to Dune data, SunPump has already recorded over 55,000 tokens created and $3.4 million in revenue.

This enthusiasm is also reflected in Tron’s network performance. The blockchain recently hit a new daily revenue peak of $3.84 million. SunPump and Tron could continue to make headlines in September.

Moreover, Justin Sun promises more developments soon, having confirmed a 50% reduction in gas fees for trading on SunPump. Despite multiple market downturns, $TRX remains up 20% over the last 30 days, according to CoinMarketCap.
Solana ($SOL): Pumpfun Surpasses $100 Million in Revenue
$SOL is among the best-performing cryptocurrencies of 2024. Over the past year, the token has climbed 613%, according to CoinMarketCap data. SOL’s rise is attributed to the growing adoption of its network, particularly earlier this year with the surge of memecoins.
As networks like Tron join the race, Solana is losing ground. However, PumpFun, its memecoin generator, has just surpassed $100 million in total revenue.
With user activity on the network and other factors like falling interest rates, $SOL could perform well in September. Notably, this month looks exciting for the Solana community, with the Solana BreakPoint event scheduled for September 20-21.

XRP ($XRP): A "Big Move" Expected
XRP ($XRP) has captured the attention of cryptocurrency observers after several important developments. First, the project received a favorable verdict in its lawsuit against the SEC.
Additionally, Japan’s announcement regarding the national adoption of XRP has rekindled interest in the token. All these factors put the cryptocurrency in a positive momentum heading into September. Upcoming events this month could also boost the token.

Analyst JD anticipates a "big move" for XRP soon. Based on Bollinger Bands analysis of the XRP chart, he predicts a rise between 10x and 650x over the next year!
Crypto All-Stars ($STARS): $889,000 Raised in Two Weeks of Presale
Crypto All-Stars ($STARS) is a cryptocurrency launched in presale in August 2024. It has already attracted investor attention, raising $889,000 in this ICO. $STARS could see a strong influx in September as its project begins to convince traders.

In fact, Crypto All-Stars brings innovation to the cryptocurrency sector with MemeVault, a multi-token, multi-chain staking protocol. It is still under development and should host 11 prominent memecoins after its launch.
Toncoin ($TON): Whales Take Advantage of the Dip to Buy

Toncoin ($TON) is currently facing several challenges. The crypto notably dropped over 20% on August 25 after the arrest of Pavel Durov, CEO of Telegram. Simultaneously, the network has experienced disruptions in recent days due to a traffic spike.
Nevertheless, whales remain optimistic about $TON. Recently, Lookonchain reported that trader Shan spent $200,000 to buy $30,282 worth of $TON. September could allow Toncoin to start recovering and cover its recent losses.
Reserve Rights ($RSR)
Reserve Rights ($RSR) is the native and governance cryptocurrency of the Reserve Protocol. Launched in 2019, the project aims to provide a decentralized stablecoin that can withstand inflation. The development of the program and its adoption continue to boost $RSR.

Over the last 30 days, $RSR has seen an 18% increase. The crypto could maintain its momentum in September.
Pepe Unchained ($PEPU): $11.3 Million Raised So Far
Pepe Unchained ($PEPU) has recorded significant funding in August. At the time of writing, the project is raising $11.3 million in its ICO. With this resounding success, $PEPU could debut in the market very soon. The growing interest from investors should further boost it in September.

Moreover, the launch of its layer 2 solution is highly anticipated. This Ethereum-based layer 2 solution is expected to offer faster transactions and lower gas fees, positioning $PEPU among the promising new memecoins in September. While no official announcement has been made, it’s likely that PEPU will be listed this week.
Artificial Superintelligence ($FET): A Leading AI Crypto in 2024

Artificial Superintelligence ($FET) is a new player in the AI cryptocurrency subsector. The project emerged from the merger of Fetch.ai, SingularityNet, and Ocean Protocol. $FET has recently attracted attention after a 70% increase ahead of Nvidia’s earnings report.
As noted by Dan Ives, an analyst at Wedbush Securities, "everything is set for tech stocks like Nvidia to progress," which should serve as a catalyst for the crypto. $FET could benefit from its development and such factors to stand out in September.
Tether Gold (xAUt): The Gold-Backed Stablecoin

Tether Gold (xAUt) is a stablecoin issued by Tether. It is backed by gold on a 1:1 basis, allowing it to benefit from the precious metal's performance. On August 20, the spot price of gold reached a historic high of $2,538.30.
This breakthrough also enabled Tether Gold to hit a new all-time high at the same price. Over the last 30 days, xAUt has increased by 5.12%, according to CoinMarketCap. With gold performing well in 2024, Tether Gold could continue its momentum in September while offering stability to portfolios.
Open Campus ($EDU ): A Fairer Educational System on Web3
Open Campus ($EDU ) is an ambitious crypto project aiming to create a fairer educational system on Web 3. Recently, developers announced the launch of EDU Chain on Arbitrum. This platform is expected to bring together teachers and students for a decentralized learning experience.

$EDU is at the heart of all these projects and serves to incentivize various stakeholders in the Open Campus system. The crypto could continue to capitalize on the project’s development in September.
Disclaimer: This article does not contain investment advice. It is intended solely to inform you about the market state. Investing carries significant risks, especially in cryptocurrencies.
#TON #DOGSONBINANCE #CryptoMarketMoves #BNBChainMemecoins #BinanceBlockchainWeek
Bitcoin: bad August for BTC, which underperforms the US stock marketsWhen it doesn't want to... This month of August had already started very badly for #Bitcoin❗  ($BTC ) and the cryptocurrency market, with a flash crash on August 5, 2024, which originally started from the Japanese stock market. And if the global stock markets recovered quite well from this ordeal (especially in the United States), the king of cryptos had more trouble, ending this summer month with a stagnation/slight drop in its prices. Negative decorrelation for Bitcoin: crypto underperforms stocks In their weekly report, @Coinbase  crypto-exchange analysts note that the crypto-asset market - including of course bitcoin - has not recovered very well from the violent global stock market crash that occurred on August 5. On LinkedIn in particular, analyst David Duong of Coinbase Research explains that the American S&P 500 index, as well as the other Nasdaq stock market index, have performed better than the digital asset market, after this most difficult beginning of August for all investors on the planet. "On a risk-adjusted basis, Bitcoin's price is currently 0.50 lower than its 3-month average, compared to the S&P 500, whose index levels are actually 1.41 higher than their 3-month average. (...)"Extract from the weekly analysis of David Duong (Coinbase Research), via his LinkedIn account Despite macroeconomic hopes in the USA, cryptocurrencies remain on the ground Analyst David Duong notes that "the macroeconomic backdrop has been disproportionately more favorable to traditional assets". This is in particular the latest statement by Jerome Powell, president of the Fed (the US Federal Reserve), which seems to have cheered up the stock markets. A prospect of lower key rates for the U.S. central bank (after 1 year of stagnation) gives traditional stockbrokers a lot of hope and enthusiasm. In addition, for their part, Bitcoin and cryptocurrencies clearly have two handicaps, according to David Duong: "First, the inflows in American spot Bitcoin ETFs - which supported the strength of BTC in the first half of 2024 - were strongly concentrated at the beginning of the period, and they slowed down in August compared to previous months. (...) Secondly, Bitcoin-specific supply surpluses, such as refunds from the [deceased exchange] Mt. Gox and U.S. government sales continue to weigh on sentiment, although the market is gradually get out of it. (...)"David Duong, Coinbase Research It is true that the beginning of the distribution of Mt bitcoins. Gox (awaited for 10 years!) has created a real wind of panic in terms of down pressure. But after this anxiety of anticipation, it turns out that - in fact - the former clients of Mt. Gox mostly prefer to keep their long-awaited precious BTC. Will the September return to school be better than this summer 2024 for bitcoin and crypto-assets? Wait and see! #CryptoMarketMoves #Bitcoin❗ #BinanceBlockchainWeek #PowellAtJacksonHole

Bitcoin: bad August for BTC, which underperforms the US stock markets

When it doesn't want to... This month of August had already started very badly for #Bitcoin❗  ($BTC ) and the cryptocurrency market, with a flash crash on August 5, 2024, which originally started from the Japanese stock market. And if the global stock markets recovered quite well from this ordeal (especially in the United States), the king of cryptos had more trouble, ending this summer month with a stagnation/slight drop in its prices.
Negative decorrelation for Bitcoin: crypto underperforms stocks
In their weekly report, @Coinbase  crypto-exchange analysts note that the crypto-asset market - including of course bitcoin - has not recovered very well from the violent global stock market crash that occurred on August 5.
On LinkedIn in particular, analyst David Duong of Coinbase Research explains that the American S&P 500 index, as well as the other Nasdaq stock market index, have performed better than the digital asset market, after this most difficult beginning of August for all investors on the planet.
"On a risk-adjusted basis, Bitcoin's price is currently 0.50 lower than its 3-month average, compared to the S&P 500, whose index levels are actually 1.41 higher than their 3-month average. (...)"Extract from the weekly analysis of David Duong (Coinbase Research), via his LinkedIn account

Despite macroeconomic hopes in the USA, cryptocurrencies remain on the ground
Analyst David Duong notes that "the macroeconomic backdrop has been disproportionately more favorable to traditional assets". This is in particular the latest statement by Jerome Powell, president of the Fed (the US Federal Reserve), which seems to have cheered up the stock markets. A prospect of lower key rates for the U.S. central bank (after 1 year of stagnation) gives traditional stockbrokers a lot of hope and enthusiasm.
In addition, for their part, Bitcoin and cryptocurrencies clearly have two handicaps, according to David Duong:
"First, the inflows in American spot Bitcoin ETFs - which supported the strength of BTC in the first half of 2024 - were strongly concentrated at the beginning of the period, and they slowed down in August compared to previous months. (...) Secondly, Bitcoin-specific supply surpluses, such as refunds from the [deceased exchange] Mt. Gox and U.S. government sales continue to weigh on sentiment, although the market is gradually get out of it. (...)"David Duong, Coinbase Research
It is true that the beginning of the distribution of Mt bitcoins. Gox (awaited for 10 years!) has created a real wind of panic in terms of down pressure. But after this anxiety of anticipation, it turns out that - in fact - the former clients of Mt. Gox mostly prefer to keep their long-awaited precious BTC. Will the September return to school be better than this summer 2024 for bitcoin and crypto-assets? Wait and see!
#CryptoMarketMoves #Bitcoin❗ #BinanceBlockchainWeek #PowellAtJacksonHole
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More
Sitemap
Cookie Preferences
Platform T&Cs