Blockchain security firm PeckShield reported that there were more than 20 hacks in the crypto world in September 2024. These attacks caused a total loss of approximately $120.23 million, excluding the $32.4 million Spark Wrapped Ethereum (spWETH) stolen in a phishing attack on September 27.

BingX, Penpie, and Indodax are among the most affected platforms. BingX lost $44 million on September 20, while Penpie lost $27 million and Indodax lost $21 million.

Smaller attacks include platforms such as DeltaPrime, Truflation, and Onyx. DeltaPrime lost $5.98 million, Truflation lost $5.6 million, and Onyx lost $3.8 million.

Once again, we have seen how important security is in the crypto world. 🚨 Such incidents show that users and platforms need to be more careful.

OpenSea, the famous NFT marketplace, has been facing serious challenges lately. Low engagement in the industry and significant employee turnover have made the company’s future uncertain. 🤔

Four top executives have left for other companies in the last three months, including former COO Shiva Rajaraman and head of business development Jeremy Fine. New competitors and regulatory pressures are making it difficult for OpenSea to maintain its leadership. 🚀

A new poll in the US found that 49% of voters find pro-crypto stance important. Furthermore, 62% are ready to switch parties for candidates who support crypto-friendly policies! 🗳️

According to the poll, 85% of voters want presidential candidates to take a clear stance on crypto. However, 44% think the Biden administration is not supportive enough of crypto.

Voters are demanding more regulation on fraud and user protection. ConsenSys CEO Joe Lubin emphasized that the crypto sector wants regulation. “We are operating under a cloud of uncertainty,” he said.

The poll showed that voters are confused about which regulatory agency oversees crypto. 70% think the SEC would do a good job, while 67% think the CFTC would do a good job.

As a result, voters are demanding clearer regulation and strong anti-fraud measures. Crypto is becoming a critical factor in the US elections! 🚀

Bitcoin is back on stage! In the last 24 hours, the BTC price has risen above $62,000, delighting investors. It is currently trading at $62,250. This movement provides important clues about the direction of the market.

Altcoins also got their share of this rise. In particular, the viral meme coin POPCAT attracted attention with a 25% increase. Other major altcoins gained between 0.5% and 1.5%. 🎉

Volatility is high in the market, but the sentiment is more positive than yesterday. 🚀

CryptoPunk NFT, Punk 1563, sold for 24,000 ETH (approximately $56.3 million)! 🎨 However, it is alleged that this sale was a carefully planned tactic to promote a meme coin called “Kamala Harris Punk”. This transaction, which was made using flash loans, did not generate any real profit and only paid network fees. This incident caused a huge stir in the NFT and crypto markets! 🚀

COPA and Unified Patents launch Blockchain Zone! 🚀 This new initiative aims to protect blockchain developers from “patent trolls.” Patent trolls are entities that take patents before product development and pressure companies into expensive deals. Blockchain Zone will help drive innovation by preventing these types of lawsuits. COPA ensures blockchain technology remains open and accessible by offering free protection to small developers.

Pi Network, the popular app that allows cryptocurrency mining on smartphones, has reached millions of users worldwide. 📱 The launch of the PI token and its listing on exchanges are eagerly awaited. However, the deadline for the KYC verification process has been postponed to December 31, which has caused disappointment among users. Concerns about the legitimacy of the project are growing. 🤔 Influencer applications are also ongoing.

Ethereum tried to break above $2.6K but failed and is down 15%. 😬 It is now heading towards the $2.1K support level. Technical analysis shows that sellers are dominating the market.

On the 4-hour chart, ETH’s bullish momentum has faded and a bearish trend has begun. The $2K psychological support level is a significant target.

On-chain analysis confirms a bearish trend in the futures market. Buyer demand must increase for ETH to recover. 📉

The crypto market has been shaken after Iran’s missile attacks on Israel. Bitcoin has fallen below $60,500 but has made a slight recovery. 🇺🇸 Demand from US investors remains high, which could protect Bitcoin from bears.

According to CryptoQuant, the Coinbase Premium Index is showing signs of a short-term increase. The daily average has exceeded the weekly average, which usually indicates short-term price increases.

In addition, record Bitcoin outflows from exchanges have been observed. This suggests that investors are moving Bitcoin to private wallets and the supply may be decreasing. This could put upward pressure on Bitcoin’s price. 📈

Polymarket, a blockchain-based prediction platform, recorded $533.51 million in trading volume in September. This increase was driven by the 2024 US presidential election and geopolitical developments in the Middle East. 📈

According to Dune Analytics, there was a $61.51 million increase from $472 million in August. The number of active users also increased by 41%, from 63,616 to 90,037.

Election betting accounts for 84% of total market activity. Polymarket is drawing attention with its token launch and $50 million fundraising plans. 🌍

Shiba Inu (SHIB) has been attracting a lot of attention recently! 🐕 The token burn rate has increased by 5000%, with 2.3 billion tokens being destroyed. This could trigger a price increase by reducing the circulating supply. In addition, large transactions exceeding $100,000 have increased by 12.5%, indicating interest from large investors. Net flow trends indicate that selling pressure is decreasing. RSI levels indicate potential room for price recovery. 🚀

Bitcoin (BTC) usually performs well in the fourth quarter of bull cycle years, especially after halving events. According to CryptoQuant analysts, this year will be no different; however, some things do not quite add up. 🧐

According to the CryptoQuant report, Bitcoin’s apparent demand growth is still slow and needs to grow faster to sustain price increases.

In halving years such as 2012, 2016 and 2020, BTC prices increased by 9%, 59% and 171% respectively. The performance in 2024 is also following a similar trend, indicating that there is a high chance of prices rising in the coming months.

However, in 2024, BTC entered the fourth quarter fluctuating between bull and bear phases. Increasing demand is critical for BTC to remain in the bull phase. Based on past trends, analysts predict that short-term supply could increase.

The launch of spot Bitcoin ETFs has caused a surge in demand. Currently, BTC’s apparent demand growth is stagnant, fluctuating between -23,000 and +69,000 BTC since July. This metric grew by 496,000 BTC in April, so there’s plenty of room for growth in Q4.

Spot Bitcoin ETFs are showing signs of demand growth in the US. On-chain valuation metrics suggest BTC could rise to $85,000 or $100,000 once prices rise in Q4. 🚀

Ripple (XRP) has recently faced serious selling pressure at the $0.65 resistance, which has led to a sharp decline 📉. The price has broken the lower boundary of the rising wedge formation, indicating a bearish trend. XRP is expected to decline towards the $0.5 level.

On the daily chart, XRP was rejected from the $0.65 resistance, increasing the possibility of a short-term consolidation in the $0.5-$0.55 range. If the decline continues, the price could drop to the $0.5 support.

On the 4-hour chart, intense selling pressure was seen after a false breakout above the $0.65 level. It is currently being tested at the critical support area, and a short-term recovery and horizontal consolidation are expected. 🚀

Ethereum, Ripple, Cardano, Shiba Inu and Dogecoin have had a tough time this week. Ethereum lost 10%, Ripple 11%, Cardano 12.5%, Shiba Inu 12% and Dogecoin 12%. 😬

Ethereum is trying to maintain $2,400 as support. If Ripple cannot break the 54 cent resistance, it may fall to 48 cents. Cardano is stuck in the 32-40 cent range. Shiba Inu encountered resistance at $0.000015. Dogecoin, on the other hand, maintains its 10 cent support. 👀

Uncertainty prevails in the market, it is useful to be careful!

Binance’s market dominance is on the decline! 📉 According to CCData’s October 3 report, Binance’s spot market share has fallen to 27%, the lowest level since January 2021. In September, Binance’s spot trading volume fell by 22.9% to $344 billion. However, Binance still leads the pack.

Binance’s derivatives market share also fell to 40.7%. Despite this, it remained the largest derivatives exchange with a trading volume of $1.25 trillion in September.

Crypto.com is on the rise! Spot and derivatives volumes increased by more than 40%, and its total market share rose to 11%. Crypto.com is second only to Binance in daily spot trading volume.

The report notes that September was generally marked by low trading volume. While October was generally an uptrend, crypto markets have fallen by 8% since the beginning of the month. However, there is a shift in market share from giants like Binance to emerging exchanges like Crypto.com. 🚀

Polkadot (DOT) has given up its recent gains this week amid rising geopolitical tensions. Its price has fallen by more than 14% in three days, falling to $4.04. 📉

However, Polkadot’s on-chain data is promising. The number of active users has increased by 25%, and the daily transfer volume has also increased significantly. This suggests that the network is processing more transactions.

Analysts are predicting that DOT could enter a long-term uptrend. Technical analysis suggests that DOT is poised for a major breakout, with the price potentially rising to $200. 🚀

The US Court of Appeals has reopened a $24 million SIM swap lawsuit against AT&T. 📱💸 The theft, which was carried out with the help of AT&T employees in 2018, led to the theft of Michael Terpin’s crypto assets.

The court dropped some charges against AT&T, but ruled that a claim under Section 222 of the Federal Communications Act could be tried. Terpin is seeking $45 million from AT&T.

The U.S. Securities and Exchange Commission’s (SEC) Enforcement Director Gurbir Grewal has announced that he will be stepping down from his post on October 11, 2024. 🌟 This sudden departure comes at a critical time when the SEC is preparing to appeal the Ripple case. Sanjay Wadhwa has been appointed as Grewal’s replacement on an interim basis, and this development has had a huge impact in the crypto world. 🚀 Legal experts believe that this move could ease the SEC’s pressure on crypto.

The identity of Satoshi Nakamoto has long been a mystery. However, the documentary "Money Electric: The Bitcoin Mystery" may have solved the mystery! 🎥 According to Politico, Cullen Hoback's documentary will be released next Wednesday at 2 AM CET. If the findings are accepted, the revelation could affect financial markets and even the US presidential election. The excitement in the Bitcoin world is at its peak! 🚀

Bitcoin (BTC) is at risk of falling below the 60,000$ level! BTC is expected to fall due to increasing geopolitical tensions in the Middle East. 📉

According to Standard Chartered analysts, this decline could be an opportunity for investors to increase their digital assets. In particular, the possibility of Trump winning the elections could create an increase in BTC. A short-term decline is expected if Harris wins.

Demand for BTC call options is increasing. Investors are turning to $80,000 BTC call options expiring on December 27. This strengthens the expectation of an upward movement in the market. 🚀