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BINANCE REMOVES HAMSTER Coin ❌🚹 Binance delisted the Hamster Kombat (HMSTR) token from its Launchpool platform. This decision was likely due to concerns about trading behavior and potential risks tied to the token’s distribution. While initially successful, issues such as fraudulent activities or improper trades may have prompted the move. This action aligns with Binance’s commitment to protecting users from irregular projects and market manipulation in the volatile crypto space. Let’s see further đŸ˜Ș #hamsterkombat24 #BinanceLaunchpoolHMSTR #HamsterKombat #Write2Earn!
BINANCE REMOVES HAMSTER Coin ❌🚹

Binance delisted the Hamster Kombat (HMSTR) token from its Launchpool platform. This decision was likely due to concerns about trading behavior and potential risks tied to the token’s distribution. While initially successful, issues such as fraudulent activities or improper trades may have prompted the move.

This action aligns with Binance’s commitment to protecting users from irregular projects and market manipulation in the volatile crypto space.
Let’s see further đŸ˜Ș

#hamsterkombat24 #BinanceLaunchpoolHMSTR #HamsterKombat #Write2Earn!
đŸ¶Shiba Inu’s Lead Developer Signals Significant Week Ahead for SHIB EcosystemđŸ¶ Shytoshi Kusama, the lead developer of Shiba Inu, indicated that the upcoming week could be crucial for the SHIB ecosystem. This statement followed a brief interview at the Token 2049 conference held in Singapore. Kusama shared insights about expectations for the coming week with the community through posts on the X platform.
đŸ¶Shiba Inu’s Lead Developer Signals Significant Week Ahead for SHIB EcosystemđŸ¶

Shytoshi Kusama, the lead developer of Shiba Inu, indicated that the upcoming week could be crucial for the SHIB ecosystem. This statement followed a brief interview at the Token 2049 conference held in Singapore. Kusama shared insights about expectations for the coming week with the community through posts on the X platform.
🚹CEO of Bitcoin Mining Giant Marathon Predicts Energy Market Disruption🚹Fred Thiel, chairman and chief executive officer at Bitcoin mining behemoth Marathon Digital, has predicted "rapid innovation" and "rapid disruption" on energy markets. Thiel has pointed to the fact that AI and data center companies have now emerged as one of the biggest financial backers of new energy generation projects. These data centers are now helping to revive old nuclear plants. Thiel is, of course, alluding to the recent news piece about Pennsylvia-based Three Mile Island nuclear plant coming back online as part of its deal with tech behemoth Microsoft. It is expected to restart in 2028 in order to fuel Microsoft's AI data centers. "Data center operators seek and will attain energy self-sovereignty, and in doing so will dramatically change the energy markets in a very positive way for all consumers," Thiel said in his lengthy social media post. đŸ”čMicroStrategy-like strategy Due to the declining profitability of Bitcoin mining following the latest quadrennial halving, some mining industry players have pivoted to AI in order to boost their revenue. In August, Marathon Digital made headlines by taking a page out of MicroStrategy's playbook and selling convertible notes to buy more Bitcoin. The fact that it did not opt to buy mining equipment instead underscores the tough predicament of mining industry players. The company claimed that simply buying Bitcoin would be more beneficial for its shareholders. The shares of Marathon Digital are down more than 30% on the year-to-date basis. #Bitcoin❗ #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #TrumpFirstBTCUse #NeiroOnBinance $BTC {spot}(BTCUSDT)

🚹CEO of Bitcoin Mining Giant Marathon Predicts Energy Market Disruption🚹

Fred Thiel, chairman and chief executive officer at Bitcoin mining behemoth Marathon Digital, has predicted "rapid innovation" and "rapid disruption" on energy markets.
Thiel has pointed to the fact that AI and data center companies have now emerged as one of the biggest financial backers of new energy generation projects. These data centers are now helping to revive old nuclear plants. Thiel is, of course, alluding to the recent news piece about Pennsylvia-based Three Mile Island nuclear plant coming back online as part of its deal with tech behemoth Microsoft. It is expected to restart in 2028 in order to fuel Microsoft's AI data centers.
"Data center operators seek and will attain energy self-sovereignty, and in doing so will dramatically change the energy markets in a very positive way for all consumers," Thiel said in his lengthy social media post.
đŸ”čMicroStrategy-like strategy
Due to the declining profitability of Bitcoin mining following the latest quadrennial halving, some mining industry players have pivoted to AI in order to boost their revenue. In August, Marathon Digital made headlines by taking a page out of MicroStrategy's playbook and selling convertible notes to buy more Bitcoin. The fact that it did not opt to buy mining equipment instead underscores the tough predicament of mining industry players. The company claimed that simply buying Bitcoin would be more beneficial for its shareholders. The shares of Marathon Digital are down more than 30% on the year-to-date basis.
#Bitcoin❗ #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #TrumpFirstBTCUse #NeiroOnBinance $BTC
🚹Ethereum: Liquidation levels indicate move toward $2.8k resistance🚹Ethereum [ETH] has not been able to match the performance of Bitcoin [BTC]. This was reflected in the ETH/BTC chart, which could be forming a local bottom. Compared to the US dollar, the token is expected to perform much better in the coming days. The liquidation levels and the price action charts gave clues that a 5% move northward is likely, but any gains beyond that would need a major intrusion from buyers. đŸ”čEthereum approaches a local high and pivotal resistance zone The market structure on the daily timeframe was bullish after the price beat the most recent lower high at $2,464. The RSI was also above neutral 50 to indicate the momentum has changed direction. However, this does not mean the trend is bullish- the trend has been bearish since June, after the attempted recovery failed in May. The OBV agrees with this statement and has been trending downward since March to denote weak buying pressure for the most part. There was a bearish order block at the $2.8k level. The market structure had flipped bearishly from this local high in mid-August, marking it as a strong supply zone. Ethereum will likely visit this resistance, but a breakout depends on market-wide sentiment and news developments. đŸ”čAnother piece of evidence for the $2,800 target The $2.8k region has a large cluster of liquidation levels, highlighting it as a key magnetic zone in the short term. Therefore, in this week of trading, it is expected that Ethereum will sweep this region before a potential reversal. A reversal is anticipated only because the $2.8k-$3k region has been a significant support/resistance zone since April. It is likely to have many sellers, but bulls may overpower them, especially if Bitcoin continues to rally higher. In the short term, there were high-leverage long positions at the $2,647 and $2,621 levels that could be targeted in a liquidity hunt. The positive cumulative liq levels delta suggested a near-term price retracement was possible. The next week or two is expected to be bullish for Ethereum. A move toward $2.8k-$2.9k is likely. Further gains would depend on market sentiment and the strength of the buyers which will be on display in the trading volume. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. #ETHđŸ”„đŸ”„đŸ”„đŸ”„ #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #moonbix #Write2Earn! $ETH {spot}(ETHUSDT)

🚹Ethereum: Liquidation levels indicate move toward $2.8k resistance🚹

Ethereum [ETH] has not been able to match the performance of Bitcoin [BTC]. This was reflected in the ETH/BTC chart, which could be forming a local bottom. Compared to the US dollar, the token is expected to perform much better in the coming days.

The liquidation levels and the price action charts gave clues that a 5% move northward is likely, but any gains beyond that would need a major intrusion from buyers.
đŸ”čEthereum approaches a local high and pivotal resistance zone
The market structure on the daily timeframe was bullish after the price beat the most recent lower high at $2,464. The RSI was also above neutral 50 to indicate the momentum has changed direction.
However, this does not mean the trend is bullish- the trend has been bearish since June, after the attempted recovery failed in May. The OBV agrees with this statement and has been trending downward since March to denote weak buying pressure for the most part.

There was a bearish order block at the $2.8k level. The market structure had flipped bearishly from this local high in mid-August, marking it as a strong supply zone.

Ethereum will likely visit this resistance, but a breakout depends on market-wide sentiment and news developments.

đŸ”čAnother piece of evidence for the $2,800 target
The $2.8k region has a large cluster of liquidation levels, highlighting it as a key magnetic zone in the short term. Therefore, in this week of trading, it is expected that Ethereum will sweep this region before a potential reversal.

A reversal is anticipated only because the $2.8k-$3k region has been a significant support/resistance zone since April. It is likely to have many sellers, but bulls may overpower them, especially if Bitcoin continues to rally higher.
In the short term, there were high-leverage long positions at the $2,647 and $2,621 levels that could be targeted in a liquidity hunt.
The positive cumulative liq levels delta suggested a near-term price retracement was possible.

The next week or two is expected to be bullish for Ethereum. A move toward $2.8k-$2.9k is likely. Further gains would depend on market sentiment and the strength of the buyers which will be on display in the trading volume.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

#ETHđŸ”„đŸ”„đŸ”„đŸ”„ #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #moonbix #Write2Earn! $ETH
Announces Details of Airdrop, 2.3M Accounts Banned for Cheating Over 30 million players haven’t picked a method to withdraw their airdrop tokens but can still claim them. Hamster Kombat’s first season has officially wrapped up. Since its launch in March 2024, it has drawn in over 300 million users. A massive 131 million players qualified for the September 26 airdrop, with 60% of the allocation distributed immediately. #BinanceLaunchpoolHMSTR #DODOEmpowersMemeIssuance #NeiroOnBinance #CATIonBinance #Write2Earn! $TON
Announces Details of Airdrop, 2.3M Accounts Banned for Cheating

Over 30 million players haven’t picked a method to withdraw their airdrop tokens but can still claim them.

Hamster Kombat’s first season has officially wrapped up. Since its launch in March 2024, it has drawn in over 300 million users.

A massive 131 million players qualified for the September 26 airdrop, with 60% of the allocation distributed immediately.
#BinanceLaunchpoolHMSTR #DODOEmpowersMemeIssuance #NeiroOnBinance #CATIonBinance #Write2Earn! $TON
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Dogecoin Investors Are Secretly Moving to This New ICO – What Does It Do?🚹🚹 As Dogecoin holders seek reinvestment options, many are eyeing Mega Dice’s new ICO, offering cashback, NFTs, and high APY staking rewards. As Dogecoin (DOGE) investors prepare to take profits on Monday following a notable technical breakout, many are turning their attention to a new ICO called Mega Dice (DICE) in the GambleFi space. DOGE recently broke above its 50-day moving average (DMA) and a key downward trend channel, signaling the potential for a substantial rally. With the Dogecoin price currently around $0.1060, investors are eyeing a potential move to yearly highs of $0.22. As excitement builds, many Dogecoin holders are considering where to reinvest their profits, and Mega Dice’s new ICO has caught their attention. #DODOEmpowersMemeIssuance #BinanceLaunchpoolHMSTR #doge⚡ #DogecoinCommunity #mememcoinseason2024 $DOGE {spot}(DOGEUSDT)
Dogecoin Investors Are Secretly Moving to This New ICO – What Does It Do?🚹🚹

As Dogecoin holders seek reinvestment options, many are eyeing Mega Dice’s new ICO, offering cashback, NFTs, and high APY staking rewards.

As Dogecoin (DOGE) investors prepare to take profits on Monday following a notable technical breakout, many are turning their attention to a new ICO called Mega Dice (DICE) in the GambleFi space.

DOGE recently broke above its 50-day moving average (DMA) and a key downward trend channel, signaling the potential for a substantial rally.

With the Dogecoin price currently around $0.1060, investors are eyeing a potential move to yearly highs of $0.22.

As excitement builds, many Dogecoin holders are considering where to reinvest their profits, and Mega Dice’s new ICO has caught their attention.
#DODOEmpowersMemeIssuance #BinanceLaunchpoolHMSTR #doge⚡ #DogecoinCommunity #mememcoinseason2024
$DOGE
FLOKI aims for 50% rally: On-chain signals to watch After consolidating for almost a month, popular memecoin Floki [FLOKI] became poised for a significant upside rally amid this ongoing struggling cryptocurrency market. Since late August 2024, FLOKI has been consolidating in a very tight zone between $0.000115 and $0.000132 levels. However, the potential reason for this significant rally of over 50% is its bullish on-chain metrics, an impending breakout at the $0.000136 level, and an upcoming marketing announcement scheduled for the 24th of September, as shared by the FLOKI community. đŸ”čHere’s why FLOKI could soar by 50% According to AMBCrypto’s technical analysis, despite the breakout of the descending trendline, FLOKI failed to gain momentum, and was facing strong resistance near $0.000136 at press time. It was trading below the 200 Exponential Moving Average (EMA) on a daily time frame, indicating a downtrend. The 200 EMA is a technical indicator that traders and investors often use to determine whether an asset is in an uptrend or downtrend. Based on the historical price momentum, if FLOKI closes its daily candle above the $0.000139 level, there is a strong possibility it could soar by nearly 50% to reach $0.00021 in the coming days. Bullish on-chain metrics This positive outlook is further supported by on-chain metrics. According to the on-chain analytics firm Coinglass, FLOKI’s Long/Short Ratio was 1.34 at press time, indicating bullish market sentiment among traders. Additionally, its Futures Open Interest increased by 7.3% over the past 24 hours, and 3.2% in the past four hours. This rising Open Interest suggested that traders were potentially building more long positions amid the upcoming breakout. Traders and investors often use the combination of rising Open Interest and a Long/Short Ratio above 1 to build long positions. At press time, 57.52% of top traders held long positions, while 42.48% held short positions. This data indicated that bulls were dominating the asset. đŸ”čCurrent price momentum At press time, FLOKI was trading near $0.000133 after experiencing a modest price surge of over 0.90% in the last 24 hours. During the same period, its trading volume increased by 38%, indicating higher participation from traders. Meanwhile, the majority of cryptocurrencies, including Bitcoin [BTC], Solana [SOL], and XRP were struggling to gain momentum over the past 24 hours until press time. #FLOKISKYROCKET #FLOKI? #BinanceLaunchpoolHMSTR #NeiroOnBinance #Write2Earn! $FLOKI {spot}(FLOKIUSDT)

FLOKI aims for 50% rally: On-chain signals to watch

After consolidating for almost a month, popular memecoin Floki [FLOKI] became poised for a significant upside rally amid this ongoing struggling cryptocurrency market.

Since late August 2024, FLOKI has been consolidating in a very tight zone between $0.000115 and $0.000132 levels.

However, the potential reason for this significant rally of over 50% is its bullish on-chain metrics, an impending breakout at the $0.000136 level, and an upcoming marketing announcement scheduled for the 24th of September, as shared by the FLOKI community.
đŸ”čHere’s why FLOKI could soar by 50%
According to AMBCrypto’s technical analysis, despite the breakout of the descending trendline, FLOKI failed to gain momentum, and was facing strong resistance near $0.000136 at press time.

It was trading below the 200 Exponential Moving Average (EMA) on a daily time frame, indicating a downtrend.

The 200 EMA is a technical indicator that traders and investors often use to determine whether an asset is in an uptrend or downtrend.

Based on the historical price momentum, if FLOKI closes its daily candle above the $0.000139 level, there is a strong possibility it could soar by nearly 50% to reach $0.00021 in the coming days.

Bullish on-chain metrics
This positive outlook is further supported by on-chain metrics. According to the on-chain analytics firm Coinglass, FLOKI’s Long/Short Ratio was 1.34 at press time, indicating bullish market sentiment among traders.

Additionally, its Futures Open Interest increased by 7.3% over the past 24 hours, and 3.2% in the past four hours.

This rising Open Interest suggested that traders were potentially building more long positions amid the upcoming breakout.

Traders and investors often use the combination of rising Open Interest and a Long/Short Ratio above 1 to build long positions.

At press time, 57.52% of top traders held long positions, while 42.48% held short positions. This data indicated that bulls were dominating the asset.
đŸ”čCurrent price momentum
At press time, FLOKI was trading near $0.000133 after experiencing a modest price surge of over 0.90% in the last 24 hours.
During the same period, its trading volume increased by 38%, indicating higher participation from traders.

Meanwhile, the majority of cryptocurrencies, including Bitcoin [BTC], Solana [SOL], and XRP were struggling to gain momentum over the past 24 hours until press time.
#FLOKISKYROCKET #FLOKI? #BinanceLaunchpoolHMSTR #NeiroOnBinance #Write2Earn! $FLOKI
MemeFi Announces Airdrop Criteria Ahead of October Coin Listing MemeFi has released an important update as it nears its official token listing. In a social media post, MemeFi confirmed that every user would be eligible for the upcoming coin airdrop. The MemeFi team also revealed that bonuses for early adopters will be released this week. The team mentioned that the new packages, marked by the use of “stars,” will also be introduced. n addition to the airdrop bonuses, MemeFi will also provide real ETH and TON rewards to users, . MemeFi is a DeFi project built on the Solana blockchain that combines meme culture with blockchain gaming. The platform allows users to participate in a “tap-to-earn” game, battling meme-themed enemies and earning in-game currency. Players can increase their earnings through tasks like daily combos, video codes, and social media challenges. MemeFi has seen rapid growth, with 20 million players joining since its launch. đŸ”čMemeFi Upcoming Coin Airdrop and Token Generation Event MemeFi’s TGE is scheduled for October 9, 2024. The $MEMEFI token will be listed on several top-tier centralized exchanges, though specific platforms are yet to be confirmed. MemeFi plans to distribute 90% of the total token supply directly to users, with no lock-ups or restrictions. The airdrop will take place on Linea, a layer 2 platform on the Ethereum blockchain. Users will soon have access to a public airdrop checker to verify their eligibility for rewards. Recently, Telegram has seen a flood of mini-app games that aim to build a strong community and reward them with tokens. One such game is Hamster Kombat, which already listed its token HMSTR on several top-tier exchanges, including Binance. Hamster Kombat will airdrop and launch its token on September 26 before the MemeFi token airdrop takes place. Another tap-to-earn game is X Empire, which announced that it will end its mining phase in early October, after which the team will list and launch its token. Some Telegram-based game tokens, like DOGS, have already been released and are being traded. #mememcoinseason2024 #MemeFi #DODOEmpowersMemeIssuance #NeiroOnBinance #BinanceLaunchpoolHMSTR $TON

MemeFi Announces Airdrop Criteria Ahead of October Coin Listing

MemeFi has released an important update as it nears its official token listing. In a social media post, MemeFi confirmed that every user would be eligible for the upcoming coin airdrop. The MemeFi team also revealed that bonuses for early adopters will be released this week.

The team mentioned that the new packages, marked by the use of “stars,” will also be introduced. n addition to the airdrop bonuses, MemeFi will also provide real ETH and TON rewards to users, .

MemeFi is a DeFi project built on the Solana blockchain that combines meme culture with blockchain gaming. The platform allows users to participate in a “tap-to-earn” game, battling meme-themed enemies and earning in-game currency.
Players can increase their earnings through tasks like daily combos, video codes, and social media challenges. MemeFi has seen rapid growth, with 20 million players joining since its launch.

đŸ”čMemeFi Upcoming Coin Airdrop and Token Generation Event
MemeFi’s TGE is scheduled for October 9, 2024. The $MEMEFI token will be listed on several top-tier centralized exchanges, though specific platforms are yet to be confirmed. MemeFi plans to distribute 90% of the total token supply directly to users, with no lock-ups or restrictions.

The airdrop will take place on Linea, a layer 2 platform on the Ethereum blockchain. Users will soon have access to a public airdrop checker to verify their eligibility for rewards.
Recently, Telegram has seen a flood of mini-app games that aim to build a strong community and reward them with tokens. One such game is Hamster Kombat, which already listed its token HMSTR on several top-tier exchanges, including Binance. Hamster Kombat will airdrop and launch its token on September 26 before the MemeFi token airdrop takes place.

Another tap-to-earn game is X Empire, which announced that it will end its mining phase in early October, after which the team will list and launch its token. Some Telegram-based game tokens, like DOGS, have already been released and are being traded.
#mememcoinseason2024 #MemeFi #DODOEmpowersMemeIssuance #NeiroOnBinance #BinanceLaunchpoolHMSTR $TON
🚹Blum Airdrop Listing Date Official Announcement: Not September 20‌On September 16, Blum made an official announcement to the community, clarifying that the anticipated airdrop and listing will not occur on September 20, as previously speculated. While this news may have disappointed some, it has also heightened excitement for future events. There’s speculation that Blum might reschedule the listing for September 25, just a day before the much-anticipated Hamster Kombat listing on Binance set for September 26. The platform has urged users to be wary of misinformation and to conduct thorough research before making any investment choices. Although the delay has left many in the community eager for updates on both the airdrop and the Blum coin listing on major exchanges, official dates are expected to be announced shortly. Many are now looking towards Q4 2024 for the airdrop, with further details anticipated through Blum’s verified channels. Anticipation for Blum Airdrop and Listing As the airdrop approaches, excitement is building within the community. This event is set to reward both new and loyal users, potentially drawing even more participants to the platform, which currently has over 20 million active users connected via TON wallets. The criteria for airdrop eligibility will be essential, and users are keenly awaiting more updates. Engagement Through Daily Video Codes In addition to the upcoming airdrop and listing, Blum is keeping its community engaged with daily video codes that provide users with more chances to boost their earnings. As Blum continues to establish its presence in the cryptocurrency space, both traders and investors are eagerly anticipating the airdrop and listing. With strong community backing, a solid online presence, and significant events on the horizon, Blum is positioning itself as a noteworthy player in the crypto market. As more information regarding the airdrop and listing becomes available, the crypto community will be closely monitoring these developments. #DODOEmpowersMemeIssuance #BLUM #BTCReboundsAfterFOMC #BinanceLaunchpoolCATI #Write2Earn! $BNB

🚹Blum Airdrop Listing Date Official Announcement: Not September 20‌

On September 16, Blum made an official announcement to the community, clarifying that the anticipated airdrop and listing will not occur on September 20, as previously speculated. While this news may have disappointed some, it has also heightened excitement for future events. There’s speculation that Blum might reschedule the listing for September 25, just a day before the much-anticipated Hamster Kombat listing on Binance set for September 26.

The platform has urged users to be wary of misinformation and to conduct thorough research before making any investment choices. Although the delay has left many in the community eager for updates on both the airdrop and the Blum coin listing on major exchanges, official dates are expected to be announced shortly. Many are now looking towards Q4 2024 for the airdrop, with further details anticipated through Blum’s verified channels.

Anticipation for Blum Airdrop and Listing

As the airdrop approaches, excitement is building within the community. This event is set to reward both new and loyal users, potentially drawing even more participants to the platform, which currently has over 20 million active users connected via TON wallets. The criteria for airdrop eligibility will be essential, and users are keenly awaiting more updates.
Engagement Through Daily Video Codes

In addition to the upcoming airdrop and listing, Blum is keeping its community engaged with daily video codes that provide users with more chances to boost their earnings. As Blum continues to establish its presence in the cryptocurrency space, both traders and investors are eagerly anticipating the airdrop and listing.

With strong community backing, a solid online presence, and significant events on the horizon, Blum is positioning itself as a noteworthy player in the crypto market. As more information regarding the airdrop and listing becomes available, the crypto community will be closely monitoring these developments.
#DODOEmpowersMemeIssuance #BLUM #BTCReboundsAfterFOMC #BinanceLaunchpoolCATI #Write2Earn! $BNB
Ethereum hits 40-month low against BTC – What next for ETH? Bitcoin [BTC] and Ethereum [ETH] have faced significant price challenges over the past few months, with occasional spikes pushing them to new highs. However, despite these similarities, recent data shows that ETH has weakened against BTC. Additionally, traders have reacted differently to the launch of ETFs for both assets, favoring BTC over ETH. đŸ”čEthereum trades at a 40-month low against Bitcoin According to recent data from IntoTheBlock, Ethereum is trading at its lowest level against Bitcoin in over 40 months. Analysis of the ETH/BTC pair on Coinbase highlights a clear bearish trend, with ETH trading at 0.04044 BTC, down by 0.25%. Also, the 50-day moving average (yellow) is below the 200-day moving average (blue), forming a Death Cross—a bearish signal indicating a prolonged downtrend . Price action shows a steady decline characterized by lower highs and lower lows, reinforcing Ethereum’s ongoing weakness relative to Bitcoin. đŸ”čBitcoin strengthens against Ethereum The BTC/ETH pair on Vantage shows Bitcoin’s recent strength over Ethereum, with the price at 24.7097 ETH, slightly down by 0.04% but still in a strong bullish trend. The key feature on the chart is the Golden Cross, where the 50-day moving average (yellow) has crossed above the 200-day moving average (blue), signaling a long-term upward trend. Price action confirms this momentum, with a series of higher highs and higher lows, indicating Bitcoin’s continued dominance over Ethereum. đŸ”čETF Flows: Bitcoin Outpaces Ethereum ETF flows further highlight the contrasting market sentiment between the two assets. According to data from Spot on Chain, Bitcoin ETFs saw an inflow of around $92 million this week, compared to just $2.9 million for Ethereum. Cumulatively, Bitcoin ETFs recorded over $397 million in total inflows, with positive flows on four out of five trading days. Ethereum ETFs posted a negative total flow of -$26.2 million, with inflows on only two out of five days. Data from Soso Value further underscores the trend, showing that the cumulative total net flow for US spot Bitcoin ETFs is positive at approximately $17.7 billion. In contrast, US spot Ethereum ETFs have a negative net flow of about $607 million. This data reflects a clear preference among traders for Bitcoin over Ethereum, not just in price action but also in ETF investments. #Bitcoin❗ #ETHđŸ”„đŸ”„đŸ”„đŸ”„ #Debate2024 #BullRunAhead #Write2Earn! $BTC $ETH {future}(ETHUSDT)

Ethereum hits 40-month low against BTC – What next for ETH?

Bitcoin [BTC] and Ethereum [ETH] have faced significant price challenges over the past few months, with occasional spikes pushing them to new highs.

However, despite these similarities, recent data shows that ETH has weakened against BTC. Additionally, traders have reacted differently to the launch of ETFs for both assets, favoring BTC over ETH.

đŸ”čEthereum trades at a 40-month low against Bitcoin
According to recent data from IntoTheBlock, Ethereum is trading at its lowest level against Bitcoin in over 40 months. Analysis of the ETH/BTC pair on Coinbase highlights a clear bearish trend, with ETH trading at 0.04044 BTC, down by 0.25%.

Also, the 50-day moving average (yellow) is below the 200-day moving average (blue), forming a Death Cross—a bearish signal indicating a prolonged downtrend

. Price action shows a steady decline characterized by lower highs and lower lows, reinforcing Ethereum’s ongoing weakness relative to Bitcoin.
đŸ”čBitcoin strengthens against Ethereum
The BTC/ETH pair on Vantage shows Bitcoin’s recent strength over Ethereum, with the price at 24.7097 ETH, slightly down by 0.04% but still in a strong bullish trend.

The key feature on the chart is the Golden Cross, where the 50-day moving average (yellow) has crossed above the 200-day moving average (blue), signaling a long-term upward trend.

Price action confirms this momentum, with a series of higher highs and higher lows, indicating Bitcoin’s continued dominance over Ethereum.

đŸ”čETF Flows: Bitcoin Outpaces Ethereum
ETF flows further highlight the contrasting market sentiment between the two assets. According to data from Spot on Chain, Bitcoin ETFs saw an inflow of around $92 million this week, compared to just $2.9 million for Ethereum.
Cumulatively, Bitcoin ETFs recorded over $397 million in total inflows, with positive flows on four out of five trading days. Ethereum ETFs posted a negative total flow of -$26.2 million, with inflows on only two out of five days.

Data from Soso Value further underscores the trend, showing that the cumulative total net flow for US spot Bitcoin ETFs is positive at approximately $17.7 billion.

In contrast, US spot Ethereum ETFs have a negative net flow of about $607 million. This data reflects a clear preference among traders for Bitcoin over Ethereum, not just in price action but also in ETF investments.
#Bitcoin❗ #ETHđŸ”„đŸ”„đŸ”„đŸ”„ #Debate2024 #BullRunAhead #Write2Earn! $BTC $ETH
Bitcoin Metrics Show Market Equilibrium: Entry Opportunity Or A Sign Of Stagnation? Bitcoin has surged 11% since Tuesday following the Federal Reserve’s announcement of a 50 bps interest rate cut. This significant price movement pushed BTC past the $62,000 mark, a psychological level that shifted investor sentiment toward optimism. However, despite the recent rally, critical data from Glassnode reveals that both Bitcoin capital inflows and outflows remain relatively small, indicating reduced market activity. The current state of the Bitcoin market reflects a sense of equilibrium, where the price is stable, but trading volumes are lower than expected. While some investors see this balance as an attractive entry point, anticipating a continued upward trend, others are more cautious. The lack of strong demand could potentially lead to a slowdown or reversal in price momentum if new buyers fail to enter the market. As Bitcoin hovers around this crucial price level, the next few days will be essential in determining whether the market will continue to surge or face a pullback due to limited liquidity. Investors are closely monitoring the situation to gauge whether this equilibrium will break in favor of further growth or stagnation. đŸ”čBitcoin Minimal Profit And Loss-Taking: What Does It Mean? After days of positive price action and excitement about a potential bull run, Bitcoin still faces risks. Key data from Glassnode highlights the market’s current state of equilibrium, prompting cautious optimism among investors. The Sell-Side Risk Ratio has dropped below the low-value band, indicating minimal profit-taking or loss-cutting in the current range. This suggests that equilibrium has been reached, with investors hesitant to make moves until there is a broader price expansion. The interpretation here is clear: Bitcoin needs to break out of its range to encourage more significant investor participation. Price action has been oscillating within a well-defined range over the last six months, with volatility compressing like a coiling spring. The tighter this range becomes, the more likely it is to result in a dramatic price movement in either direction. Recent macro events, including the Federal Reserve’s interest rate cut, may provide the catalyst Bitcoin needs. The 50 bps cut has been viewed as a signal for more liquidity entering the market, which could fuel the anticipated surge in volatility. Investors are hopeful that this event will break the current price stagnation, setting the stage for Bitcoin’s next significant move. Though the market is in equilibrium now, many believe a major shift is just around the corner. đŸ”čBTC Breaks Past $62,000 –The Start Of A New Rally? Bitcoin is trading at $63,493 after an impressive 22% surge from its local lows set on September 6. The price has broken past the daily 200 exponential moving average (EMA) at $59,396 and is now testing the daily 200 moving average (MA) as resistance. These indicators are historically crucial for Bitcoin, as they often serve as key support and turning points during rallies. Reclaiming the daily 200 MA would signal long-term strength and could confirm the start of a sustained uptrend. For bulls aiming to push BTC to new highs, breaking past the daily 200 MA and the $65,000 level is essential. Holding these levels as support would solidify a change in market structure, which has been dominated by downward trends over the past six months. However, if BTC fails to reclaim the 200 MA, a retracement toward lower demand levels around $60,000 is likely. This price level may act as a magnet for testing demand before continuing the upward trend, but losing $60,000 could result in a deeper correction. Investors are watching these levels closely as they will determine the direction of Bitcoin’s next major move.#BTC☀ #bitcoin☀ #Bitcoin❗ #BitcoinRally #Write2Earn! $BTC {future}(BTCUSDT)

Bitcoin Metrics Show Market Equilibrium: Entry Opportunity Or A Sign Of Stagnation?

Bitcoin has surged 11% since Tuesday following the Federal Reserve’s announcement of a 50 bps interest rate cut. This significant price movement pushed BTC past the $62,000 mark, a psychological level that shifted investor sentiment toward optimism.

However, despite the recent rally, critical data from Glassnode reveals that both Bitcoin capital inflows and outflows remain relatively small, indicating reduced market activity.
The current state of the Bitcoin market reflects a sense of equilibrium, where the price is stable, but trading volumes are lower than expected. While some investors see this balance as an attractive entry point, anticipating a continued upward trend, others are more cautious. The lack of strong demand could potentially lead to a slowdown or reversal in price momentum if new buyers fail to enter the market.

As Bitcoin hovers around this crucial price level, the next few days will be essential in determining whether the market will continue to surge or face a pullback due to limited liquidity. Investors are closely monitoring the situation to gauge whether this equilibrium will break in favor of further growth or stagnation.

đŸ”čBitcoin Minimal Profit And Loss-Taking: What Does It Mean?
After days of positive price action and excitement about a potential bull run, Bitcoin still faces risks.
Key data from Glassnode highlights the market’s current state of equilibrium, prompting cautious optimism among investors. The Sell-Side Risk Ratio has dropped below the low-value band, indicating minimal profit-taking or loss-cutting in the current range. This suggests that equilibrium has been reached, with investors hesitant to make moves until there is a broader price expansion.

The interpretation here is clear: Bitcoin needs to break out of its range to encourage more significant investor participation. Price action has been oscillating within a well-defined range over the last six months, with volatility compressing like a coiling spring. The tighter this range becomes, the more likely it is to result in a dramatic price movement in either direction.
Recent macro events, including the Federal Reserve’s interest rate cut, may provide the catalyst Bitcoin needs. The 50 bps cut has been viewed as a signal for more liquidity entering the market, which could fuel the anticipated surge in volatility.
Investors are hopeful that this event will break the current price stagnation, setting the stage for Bitcoin’s next significant move. Though the market is in equilibrium now, many believe a major shift is just around the corner.

đŸ”čBTC Breaks Past $62,000 –The Start Of A New Rally?
Bitcoin is trading at $63,493 after an impressive 22% surge from its local lows set on September 6. The price has broken past the daily 200 exponential moving average (EMA) at $59,396 and is now testing the daily 200 moving average (MA) as resistance.

These indicators are historically crucial for Bitcoin, as they often serve as key support and turning points during rallies. Reclaiming the daily 200 MA would signal long-term strength and could confirm the start of a sustained uptrend.

For bulls aiming to push BTC to new highs, breaking past the daily 200 MA and the $65,000 level is essential. Holding these levels as support would solidify a change in market structure, which has been dominated by downward trends over the past six months.

However, if BTC fails to reclaim the 200 MA, a retracement toward lower demand levels around $60,000 is likely. This price level may act as a magnet for testing demand before continuing the upward trend, but losing $60,000 could result in a deeper correction. Investors are watching these levels closely as they will determine the direction of Bitcoin’s next major move.#BTC☀ #bitcoin☀ #Bitcoin❗ #BitcoinRally #Write2Earn! $BTC
FET price could soar by 22% to reach the $2 levelThe Artificial Superintelligence Alliance (FET) is making a wave in the cryptocurrency landscape following its impressive price performance over the past few days. With its remarkable price surge, FET has confirmed its bullish breakout from an inverted head and shoulder price action pattern. đŸ”čFET Technical Analysis and Upcoming Levels According to expert technical analysis, FET appears bullish and is heading toward the next resistance level of $2. It is currently trading above the 200 Exponential Moving Average (EMA) on a daily time frame, indicating an uptrend. The 200 EMA is a technical indicator used by traders and investors to determine whether an asset is in an uptrend or downtrend. With the recent breakout of the neckline of the inverted head and should price action pattern, there is a strong possibility FET price could soar by 22% to reach the $2 level in the coming days and potentially higher. However, before it reaches $2, a small price correction or retest of the breakout level may occur in the coming days, which is crucial for the upcoming upside rally. đŸ”čBullish On-chain Metrics This bullish outlook is further supported by on-chain metrics. Coinglass’s FET long/short ratio currently stands at 1.041, indicating bullish market sentiment among traders. Additionally, its future open interest has increased by 20% in the last 24 hours and has been steadily rising since the beginning of September 2024. This growth in the future open interest suggested increasing investor interest in FET and its upcoming rally. Traders and investors often combine rising open interest with a long/short ratio above 1 when building long positions. đŸ”čCurrent FET Price Momentum At press time, FET is trading near $1.61 and has experienced a price surge of over 7% in the last 24 hours. During the same period, its trading volume declined by 20% indicating lower participation from traders. #Fetch_ai #fetcoin $FET {future}(FETUSDT) #BullRunAhead #Write2Earn! #BinanceLaunchpoolHMSTR $ETH

FET price could soar by 22% to reach the $2 level

The Artificial Superintelligence Alliance (FET) is making a wave in the cryptocurrency landscape following its impressive price performance over the past few days. With its remarkable price surge, FET has confirmed its bullish breakout from an inverted head and shoulder price action pattern.

đŸ”čFET Technical Analysis and Upcoming Levels
According to expert technical analysis, FET appears bullish and is heading toward the next resistance level of $2. It is currently trading above the 200 Exponential Moving Average (EMA) on a daily time frame, indicating an uptrend. The 200 EMA is a technical indicator used by traders and investors to determine whether an asset is in an uptrend or downtrend.
With the recent breakout of the neckline of the inverted head and should price action pattern, there is a strong possibility FET price could soar by 22% to reach the $2 level in the coming days and potentially higher.

However, before it reaches $2, a small price correction or retest of the breakout level may occur in the coming days, which is crucial for the upcoming upside rally.

đŸ”čBullish On-chain Metrics
This bullish outlook is further supported by on-chain metrics. Coinglass’s FET long/short ratio currently stands at 1.041, indicating bullish market sentiment among traders. Additionally, its future open interest has increased by 20% in the last 24 hours and has been steadily rising since the beginning of September 2024.

This growth in the future open interest suggested increasing investor interest in FET and its upcoming rally. Traders and investors often combine rising open interest with a long/short ratio above 1 when building long positions.

đŸ”čCurrent FET Price Momentum
At press time, FET is trading near $1.61 and has experienced a price surge of over 7% in the last 24 hours. During the same period, its trading volume declined by 20% indicating lower participation from traders.
#Fetch_ai #fetcoin $FET
#BullRunAhead #Write2Earn! #BinanceLaunchpoolHMSTR $ETH
Hamster Kombat' Telegram Game Launches New Season Ahead of AirdropAs expected, Hamster Kombat took a season-ending snapshot of players’ progress Friday as the Telegram tap-to-earn game gears up to launch its HMSTR token and airdrop on September 26. And now we know what’s next for the game, at least for now: an “interlude.” Hamster Kombat’s “interlude season” rolled out in the Telegram game on Friday, scrapping many of the familiar features while the developers calculate players’ airdrop allocations. Gone are the familiar in-game coins, and tapping on the main screen no longer earns you anything at all, it appears. Likewise, the long list of crypto exchange upgrades and the associated Mine menu are completely absent. Instead, you can earn in-game diamonds by playing both native and partnered games, inviting friends and following the game’s social media accounts, and watching Hamster Kombat videos on YouTube. There’s also a new Mine submenu buried in the Playground gaming menu, where you can buy and upgrade startup-themed cards with diamonds—which, in turn, let you earn more diamonds. What does this all add up to? That’s currently unclear. Hamster Kombat’s developers have long promised a next season of play-to-earn rewards after the airdrop, but this interlude appears to be a temporary transition phase that might set players up for what’s next once the HMSTR token is live. #BinanceLaunchpoolHMSTR #hmstrupdate #hamsterkombat24 #HamsterKombat #Write2Earn! $ETH

Hamster Kombat' Telegram Game Launches New Season Ahead of Airdrop

As expected, Hamster Kombat took a season-ending snapshot of players’ progress Friday as the Telegram tap-to-earn game gears up to launch its HMSTR token and airdrop on September 26. And now we know what’s next for the game, at least for now: an “interlude.”

Hamster Kombat’s “interlude season” rolled out in the Telegram game on Friday, scrapping many of the familiar features while the developers calculate players’ airdrop allocations.

Gone are the familiar in-game coins, and tapping on the main screen no longer earns you anything at all, it appears. Likewise, the long list of crypto exchange upgrades and the associated Mine menu are completely absent.

Instead, you can earn in-game diamonds by playing both native and partnered games, inviting friends and following the game’s social media accounts, and watching Hamster Kombat videos on YouTube. There’s also a new Mine submenu buried in the Playground gaming menu, where you can buy and upgrade startup-themed cards with diamonds—which, in turn, let you earn more diamonds.
What does this all add up to? That’s currently unclear. Hamster Kombat’s developers have long promised a next season of play-to-earn rewards after the airdrop, but this interlude appears to be a temporary transition phase that might set players up for what’s next once the HMSTR token is live.
#BinanceLaunchpoolHMSTR #hmstrupdate #hamsterkombat24 #HamsterKombat #Write2Earn!
$ETH
XRP Ripple News: Will $228M Whale Purchases Trigger XRP Price Rally?Ripple Labs-backed XRP has continued to consolidate between 52 cents and 60 cents since mid-July. The large-cap altcoin, with a fully diluted valuation of about $58.6 billion and a daily average traded volume of around $1.5 billion, has been acting on the macro-falling logarithmic resistance level in the recent past. Despite the closure of the SEC vs Ripple lawsuit, where the blockchain payment firm was ordered to pay $125 million in civil penalty, the XRP price has not managed to rally beyond the crucial resistance of around 66 cents. Additionally, XRP price has failed to capitalize on the recent crypto bullish outlook, triggered by the Fed’s rate cut, which has resulted in the Bitcoin price pump above $63k and Ethereum price rebound above $2,550. #Ripple💰 #XRPGoal #BinanceLaunchpoolHMSTR #XRP_ETF #CryptoNewss $XRP $SOL $XRP {spot}(XRPUSDT)

XRP Ripple News: Will $228M Whale Purchases Trigger XRP Price Rally?

Ripple Labs-backed XRP has continued to consolidate between 52 cents and 60 cents since mid-July. The large-cap altcoin, with a fully diluted valuation of about $58.6 billion and a daily average traded volume of around $1.5 billion, has been acting on the macro-falling logarithmic resistance level in the recent past.
Despite the closure of the SEC vs Ripple lawsuit, where the blockchain payment firm was ordered to pay $125 million in civil penalty, the XRP price has not managed to rally beyond the crucial resistance of around 66 cents.

Additionally, XRP price has failed to capitalize on the recent crypto bullish outlook, triggered by the Fed’s rate cut, which has resulted in the Bitcoin price pump above $63k and Ethereum price rebound above $2,550.
#Ripple💰 #XRPGoal #BinanceLaunchpoolHMSTR #XRP_ETF #CryptoNewss $XRP $SOL $XRP
What is Jupiter (JUP) Coin? Jupiter (JUP) is one of the largest DeFi protocols built on the Solana $151 (current price )Blockchain, having recorded a trading volume of 3.7 billion dollars in November 2023 alone. To put this in perspective: Uniswap (UNI) and 1inch (1INCH) recorded trading volumes of 17 billion dollars and 12.2 billion dollars, respectively, in the same period. In this article, you will find answers to many questions such as what is Jupiter, the native asset of the network JUP coin, and how to buy JUP coin, which will be listed on Binance. What is Jupiter? Initially, Jupiter was launched as a liquidity aggregator for token swaps similar to 1inch on Ethereum $2,548. Shortly after, GMX-style perpetual futures trading was added to the platform. Moreover, Jupiter has evolved beyond a liquidity aggregator to introduce a decentralized stablecoin. Currently, Jupiter is a DeFi protocol on Solana offering a range of features, including decentralized exchange (DEX) aggregation, limit orders, DCA (Dollar-Cost Averaging), bridge comparison, and futures trading. Jupiter argues that stablecoins like USD Coin (USDC) and Tether (USDT) come with various levels of custodial and regulatory risks that should be avoided. This motivated the team to launch sUSD (SUSD), a fully decentralized stablecoin backed by Solana liquid staking tokens (LSTs) as an alternative to USDC and USDT. #JupiterJUP #JupiterđŸȘ #BinanceLaunchpoolHMSTR #USDC✅ #CryptoKnowledge $SOL $USDC $JUP {future}(JUPUSDT)
What is Jupiter (JUP) Coin?

Jupiter (JUP) is one of the largest DeFi protocols built on the Solana $151 (current price )Blockchain, having recorded a trading volume of 3.7 billion dollars in November 2023 alone. To put this in perspective: Uniswap (UNI) and 1inch (1INCH) recorded trading volumes of 17 billion dollars and 12.2 billion dollars, respectively, in the same period. In this article, you will find answers to many questions such as what is Jupiter, the native asset of the network JUP coin, and how to buy JUP coin, which will be listed on Binance.

What is Jupiter?

Initially, Jupiter was launched as a liquidity aggregator for token swaps similar to 1inch on Ethereum $2,548. Shortly after, GMX-style perpetual futures trading was added to the platform. Moreover, Jupiter has evolved beyond a liquidity aggregator to introduce a decentralized stablecoin. Currently, Jupiter is a DeFi protocol on Solana offering a range of features, including decentralized exchange (DEX) aggregation, limit orders, DCA (Dollar-Cost Averaging), bridge comparison, and futures trading.

Jupiter argues that stablecoins like USD Coin (USDC) and Tether (USDT) come with various levels of custodial and regulatory risks that should be avoided. This motivated the team to launch sUSD (SUSD), a fully decentralized stablecoin backed by Solana liquid staking tokens (LSTs) as an alternative to USDC and USDT.

#JupiterJUP #JupiterđŸȘ #BinanceLaunchpoolHMSTR #USDC✅ #CryptoKnowledge $SOL $USDC $JUP
What Would Ethereum Price Be If Total Crypto Market Cap Hits $15 Trillion?Ethereum price has taken a turn for the better recently, breaking past the $2,500 price level and aiming for $2,700 in the short term. The king of altcoins remains bullish in the long term, aiming to return to its all-time highs and probably beyond. At the time of writing, the price of ETH is up 21% from yearly lows of $2,113. $ETH {spot}(ETHUSDT) đŸ”čEthereum Price If Market Cap Hits $15 Trillion? In a world where the Ethereum market cap has swollen to $15 trillion, decentralized finance (DeFi) has taken over most, if not all, of the global financial economy. Governments, corporations, and retail investors all use blockchain for everything. By this time, Ethereum had evolved to its final version and was able to process hundreds of thousands, if not millions, of transactions per second (TPS). According to YCharts, Ethereum Supply is currently at 120.34M, up from 120.23M one year ago, a change of 0.10%. The Ethereum market cap has grown by $69.965 billion in the same duration. A $15 trillion market cap would be 56X from the current market cap, and assuming that the rate of growth stays constant at approximately $70 billion per year, it would take Ethereum 210 years to reach this market cap. Moreover, assuming that the ETH inflation rate remains the same, there would be 23.1 million extra ETH in circulation, bringing the price to about $104,573. đŸ”čWhat Needs to Happen for Ethereum Market Cap to Hit $15 Trillion? 210 years is a long time to wait, but there are several factors that could shorten this time by a huge deal. 1. Mass Adoption The calculations done above assume constant market cap growth and inflation. However, according to current market sentiment, Ethereum mass adoption may come sooner. The brew of factors cooking up to cause a global recession could shift financial markets to the blockchain sooner rather than later, a move that would fuel massive demand for Ethereum. 2. Institutional Investment While retail traders are good for the community, institutional investors drive the price action. Financial institutions like $9 trillion BlackRock and $4.9 trillion Fidelity can move Ethereum price much higher, much faster than 100,000 retail investors can. Since July, nine hedge funds have moved over $6.7 billion worth of ETH, according to data from Soso Value. The recent spot Ethereum ETF exposes traditional whale investors to the asset and can quickly cause the price of ETH to burgeon. 3. Interoperability Currently, the blockchain world is still divided into silos, although much fewer than five years ago. The level of interoperability needed to trap $15 trillion in Ethereum has not been achieved yet. However, the rapid growth of blockchain technology promises this soon. In just a few years, blockchain has pushed the world forward 50 years technology-wise. Based on these factors, an Ethereum market cap of $15 trillion could arrive as soon as 2034, just ten years from now. Conclusion Ethereum price prediction shows an investment of $10,000 in ETH could transform into $1.045 billion. But in the short term, Ethereum price is already rallying. Short-term investors can bag 10-70% before December 2024 as ETH price targets $5,000. As for a $1 billion profit, that would have to wait a bit longer. #etherreum #ETHđŸ”„đŸ”„đŸ”„đŸ”„ #CryptoNewss #HamsterKombat #Write2Earn! $ETH $SOL

What Would Ethereum Price Be If Total Crypto Market Cap Hits $15 Trillion?

Ethereum price has taken a turn for the better recently, breaking past the $2,500 price level and aiming for $2,700 in the short term. The king of altcoins remains bullish in the long term, aiming to return to its all-time highs and probably beyond. At the time of writing, the price of ETH is up 21% from yearly lows of $2,113. $ETH


đŸ”čEthereum Price If Market Cap Hits $15 Trillion?
In a world where the Ethereum market cap has swollen to $15 trillion, decentralized finance (DeFi) has taken over most, if not all, of the global financial economy. Governments, corporations, and retail investors all use blockchain for everything.

By this time, Ethereum had evolved to its final version and was able to process hundreds of thousands, if not millions, of transactions per second (TPS). According to YCharts, Ethereum Supply is currently at 120.34M, up from 120.23M one year ago, a change of 0.10%.
The Ethereum market cap has grown by $69.965 billion in the same duration. A $15 trillion market cap would be 56X from the current market cap, and assuming that the rate of growth stays constant at approximately $70 billion per year, it would take Ethereum 210 years to reach this market cap.

Moreover, assuming that the ETH inflation rate remains the same, there would be 23.1 million extra ETH in circulation, bringing the price to about $104,573.

đŸ”čWhat Needs to Happen for Ethereum Market Cap to Hit $15 Trillion?
210 years is a long time to wait, but there are several factors that could shorten this time by a huge deal.

1. Mass Adoption
The calculations done above assume constant market cap growth and inflation. However, according to current market sentiment, Ethereum mass adoption may come sooner. The brew of factors cooking up to cause a global recession could shift financial markets to the blockchain sooner rather than later, a move that would fuel massive demand for Ethereum.

2. Institutional Investment
While retail traders are good for the community, institutional investors drive the price action. Financial institutions like $9 trillion BlackRock and $4.9 trillion Fidelity can move Ethereum price much higher, much faster than 100,000 retail investors can. Since July, nine hedge funds have moved over $6.7 billion worth of ETH, according to data from Soso Value.

The recent spot Ethereum ETF exposes traditional whale investors to the asset and can quickly cause the price of ETH to burgeon.

3. Interoperability
Currently, the blockchain world is still divided into silos, although much fewer than five years ago. The level of interoperability needed to trap $15 trillion in Ethereum has not been achieved yet. However, the rapid growth of blockchain technology promises this soon. In just a few years, blockchain has pushed the world forward 50 years technology-wise.

Based on these factors, an Ethereum market cap of $15 trillion could arrive as soon as 2034, just ten years from now.

Conclusion
Ethereum price prediction shows an investment of $10,000 in ETH could transform into $1.045 billion. But in the short term, Ethereum price is already rallying. Short-term investors can bag 10-70% before December 2024 as ETH price targets $5,000. As for a $1 billion profit, that would have to wait a bit longer.
#etherreum #ETHđŸ”„đŸ”„đŸ”„đŸ”„ #CryptoNewss #HamsterKombat #Write2Earn! $ETH $SOL
Russian Finance Ministry targets crypto miners with energy usage tax?Is Russia’s plan to introduce tax on the energy consumption of crypto miners is part of a broader strategy to regulate the crypto sector? Russian Finance Ministry revealed plans to introduce a tax on the energy consumption of crypto miners. This move was seen as a precursor to Russia imposing taxes directly on miners’ profits. In a bid to regulate the growing cryptocurrency mining industry, the Russian Finance Ministry has announced its intention to introduce a tax on the energy consumption of crypto miners. The Russian government is keen to capture the revenue potential of the crypto sector. Speaking on the matter Russian Deputy Finance Minister Ivan Chebeskov said, “Our target remains taxation on profit. This is our long-term goal. We understand that this is, in principle, the correct structure – like everyone else, like any business. An intermediate system could be based on taxation in the form of excise taxes. However, so far, no decision has been made on this matter.” The Finance Ministry believes that the taxation of energy usage by miners can serve as a first step toward a more structured and regulated framework for the crypto industry in Russia. “Given the significant energy consumption involved in cryptocurrency mining, it is only logical that we begin by targeting this area before moving to a profit-based tax system,” an unnamed official from the Ministry stated during an internal briefing. đŸ”čAn Interim Measure Before Profit Taxation While this energy tax is viewed as a temporary step, the Ministry has made it clear that it intends to eventually impose taxes directly on miners’ profits. Such measures are not unprecedented. Countries like Kazakhstan, another crypto mining hub due to its cheap energy costs, have taken similar approaches. Kazakhstan first imposed a tax on the energy consumption of miners before introducing broader regulations targeting their revenue. This layered approach allows governments to gain immediate revenue from the sector while also building a better understanding of how to effectively tax miners in the long term. Russia is likely to follow a similar path, using energy taxation as a way to regulate and monitor the industry while laying the groundwork for future profit-based taxation. đŸ”čPotential State-Run Crypto Trading Platforms In addition to targeting miners, Russia may be inching closer to launching state-run cryptocurrency trading platforms. If implemented, the state will fully regulate these platforms, providing a secure environment for crypto trading within Russia’s legal framework. Such platforms would likely operate under strict guidelines, allowing the government to monitor and potentially tax transactions in real time. đŸ”čImpact on the Industry Russia’s moves toward taxing miners and potentially establishing state-run crypto exchanges could have far-reaching effects on the industry. For miners, the introduction of energy taxes could increase operational costs, particularly in regions where cheap electricity is a major draw. If profit-based taxes follow, as expected, mining operations could face even tighter margins, potentially driving smaller players out of the market. Moreover, the introduction of state-run crypto exchanges would place Russia in a unique position on the global stage. While most crypto trading platforms operate independently, a government-backed exchange would give Russia unprecedented control over its domestic cryptocurrency market, potentially influencing global crypto regulations. Russia’s initiative to tax miners’ energy consumption is a significant first step in the government’s broader strategy to regulate and capitalize on the cryptocurrency sector. With profit taxation likely to follow, and the possible launch of state-controlled crypto trading platforms, the Russian crypto landscape is on the verge of major transformation. #Russian #bitcoin☀ #HamsterKombat #ETHđŸ”„đŸ”„đŸ”„đŸ”„ #BinanceLaunchpoolHMSTR $BTC $ETH $BNB

Russian Finance Ministry targets crypto miners with energy usage tax?

Is Russia’s plan to introduce tax on the energy consumption of crypto miners is part of a broader strategy to regulate the crypto sector?

Russian Finance Ministry revealed plans to introduce a tax on the energy consumption of crypto miners.
This move was seen as a precursor to Russia imposing taxes directly on miners’ profits.
In a bid to regulate the growing cryptocurrency mining industry, the Russian Finance Ministry has announced its intention to introduce a tax on the energy consumption of crypto miners.

The Russian government is keen to capture the revenue potential of the crypto sector.

Speaking on the matter Russian Deputy Finance Minister Ivan Chebeskov said,
“Our target remains taxation on profit. This is our long-term goal. We understand that this is, in principle, the correct structure – like everyone else, like any business. An intermediate system could be based on taxation in the form of excise taxes. However, so far, no decision has been made on this matter.”
The Finance Ministry believes that the taxation of energy usage by miners can serve as a first step toward a more structured and regulated framework for the crypto industry in Russia.

“Given the significant energy consumption involved in cryptocurrency mining, it is only logical that we begin by targeting this area before moving to a profit-based tax system,” an unnamed official from the Ministry stated during an internal briefing.
đŸ”čAn Interim Measure Before Profit Taxation
While this energy tax is viewed as a temporary step, the Ministry has made it clear that it intends to eventually impose taxes directly on miners’ profits. Such measures are not unprecedented.

Countries like Kazakhstan, another crypto mining hub due to its cheap energy costs, have taken similar approaches. Kazakhstan first imposed a tax on the energy consumption of miners before introducing broader regulations targeting their revenue.

This layered approach allows governments to gain immediate revenue from the sector while also building a better understanding of how to effectively tax miners in the long term.

Russia is likely to follow a similar path, using energy taxation as a way to regulate and monitor the industry while laying the groundwork for future profit-based taxation.
đŸ”čPotential State-Run Crypto Trading Platforms
In addition to targeting miners, Russia may be inching closer to launching state-run cryptocurrency trading platforms.

If implemented, the state will fully regulate these platforms, providing a secure environment for crypto trading within Russia’s legal framework.

Such platforms would likely operate under strict guidelines, allowing the government to monitor and potentially tax transactions in real time.
đŸ”čImpact on the Industry
Russia’s moves toward taxing miners and potentially establishing state-run crypto exchanges could have far-reaching effects on the industry.

For miners, the introduction of energy taxes could increase operational costs, particularly in regions where cheap electricity is a major draw. If profit-based taxes follow, as expected, mining operations could face even tighter margins, potentially driving smaller players out of the market.

Moreover, the introduction of state-run crypto exchanges would place Russia in a unique position on the global stage.
While most crypto trading platforms operate independently, a government-backed exchange would give Russia unprecedented control over its domestic cryptocurrency market, potentially influencing global crypto regulations.

Russia’s initiative to tax miners’ energy consumption is a significant first step in the government’s broader strategy to regulate and capitalize on the cryptocurrency sector.

With profit taxation likely to follow, and the possible launch of state-controlled crypto trading platforms, the Russian crypto landscape is on the verge of major transformation.
#Russian #bitcoin☀ #HamsterKombat #ETHđŸ”„đŸ”„đŸ”„đŸ”„ #BinanceLaunchpoolHMSTR $BTC $ETH $BNB
Hamster Kombat Invites Users to Boost Their Earnings with an Exciting New ProgramHamster Kombat has announced a special Earnings Program for users requesting airdrop tokens via Telegram. This program, set to launch on September 24, just two days before the official token release, will provide users the opportunity to increase their assets. đŸ”čNew Strategy to Enhance User Engagement This promotion is designed for users who request HMSTR tokens directly from the Hamster Kombat wallet. According to the company’s announcement, users will gain access to a special Wallet Earn campaign offering a remarkable 300% APY for a limited time over seven days. Users wishing to participate must select the “Wallet” option as their airdrop request method within the Hamster Kombat app. Under this option, they can verify their accounts and directly transfer their tokens to their Telegram wallets. đŸ”čMilestones and Future Features of the Game Hamster Kombat entered the crypto market in March 2023 and has since become one of the most popular games on Telegram. Currently, over 300 million players from Web2 and Web3 communities complete daily tasks to earn in-game currencies. Earlier this week, the game introduced an anti-cheating strategy to promote fair play among users. Those attempting to cheat will receive a warning that participation in airdrops could be disqualified. Additionally, Hamster Kombat announced the end of Season 1 of the game on September 20. While the project hints at more innovations for players in Season 2, details for the upcoming season have yet to be revealed. The whitepaper stated, “Since we are not backed by investment firms or venture capital companies, there is no extra selling pressure, and we have a community-centric token. Its value will be determined by demand, supply, and community interest.” On the same day, project developers will take a snapshot of network activities around 18:00 UTC on September 20. With this new earnings program and strategies, Hamster Kombat aims to reward early supporters while enhancing the benefits of its token ecosystem. Its community-centric approach and enticing incentives position HMSTR as a strong competitor in the crypto world. #BinanceLaunchpoolHMSTR #hamsterkombat24 #HamsterKombat #CryptoNewss #Write2Earn! $USDC $SOL $BTC

Hamster Kombat Invites Users to Boost Their Earnings with an Exciting New Program

Hamster Kombat has announced a special Earnings Program for users requesting airdrop tokens via Telegram. This program, set to launch on September 24, just two days before the official token release, will provide users the opportunity to increase their assets.

đŸ”čNew Strategy to Enhance User Engagement
This promotion is designed for users who request HMSTR tokens directly from the Hamster Kombat wallet. According to the company’s announcement, users will gain access to a special Wallet Earn campaign offering a remarkable 300% APY for a limited time over seven days.
Users wishing to participate must select the “Wallet” option as their airdrop request method within the Hamster Kombat app. Under this option, they can verify their accounts and directly transfer their tokens to their Telegram wallets.

đŸ”čMilestones and Future Features of the Game
Hamster Kombat entered the crypto market in March 2023 and has since become one of the most popular games on Telegram. Currently, over 300 million players from Web2 and Web3 communities complete daily tasks to earn in-game currencies.

Earlier this week, the game introduced an anti-cheating strategy to promote fair play among users. Those attempting to cheat will receive a warning that participation in airdrops could be disqualified.

Additionally, Hamster Kombat announced the end of Season 1 of the game on September 20. While the project hints at more innovations for players in Season 2, details for the upcoming season have yet to be revealed.
The whitepaper stated, “Since we are not backed by investment firms or venture capital companies, there is no extra selling pressure, and we have a community-centric token. Its value will be determined by demand, supply, and community interest.”

On the same day, project developers will take a snapshot of network activities around 18:00 UTC on September 20. With this new earnings program and strategies, Hamster Kombat aims to reward early supporters while enhancing the benefits of its token ecosystem. Its community-centric approach and enticing incentives position HMSTR as a strong competitor in the crypto world.
#BinanceLaunchpoolHMSTR #hamsterkombat24 #HamsterKombat #CryptoNewss #Write2Earn! $USDC $SOL $BTC
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