đ **Crypto Market Insights from Hack Seasons Conference in Seoul!** đ
At the Hack Seasons Conference, industry leaders shared their views on the crypto market's future. Here's the scoop:
- **Tiffany from Gate Ventures**: Cautiously optimistic, she notes Bitcoin ETFs are driving the market. "It's still a bear market, but with strong price support."
- **Angela Tong at DFG**: Sees opportunity in bearish markets. "We invest in undervalued assets for long-term gains."
- **Eric Fung from Qubic**: Despite recession fears, he's bullish on innovation in AI and DeFi.
- **Daria Varha at CrossFi**: Prefers a conservative, bearish stance for now.
- **David Muller of Theoriq**: Focuses on long-term Web3 potential, unfazed by short-term trends.
What do you think? Bullish or bearish? Share your thoughts in the comments! đŹ
đ Big news in the blockchain world! Circle, the company behind USDC, has teamed up with Sony Block Solutions Labs to bring USDC to Soneium, an Ethereum layer-2 blockchain. This partnership aims to make USDC a key token for value exchange on Soneium, enhancing its digital finance and entertainment capabilities. đźđ°
Circle CEO Jeremy Allaire is excited about the potential for innovation, while Sony's Jun Watanabe believes this will redefine digital entertainment and finance. With USDC already being the second-largest stablecoin globally, this move solidifies its position in the crypto ecosystem. Stay tuned for more updates!
đ Circle & Sony Block Solutions Labs are teaming up to bring USDC to Soneium, an Ethereum layer-2 blockchain! This partnership aims to make USDC the go-to token for value exchange on Soneium, boosting digital finance & entertainment. đźđ°
Bridged USDC will power Soneium apps, making digital dollar payments seamless. Circle CEO Jeremy Allaire is pumped about the innovation this brings to blockchain. With USDC already the 2nd largest stablecoin, this move solidifies its dominance!
But wait, ZachXBT isn't thrilled, criticizing Circle's blacklisting practices. What do you think? Comment below! #Blockchain #USDC #CryptoNews
**Bybit Secures Provisional License in Dubai**
Bybit, the worldâs second-largest crypto exchange by derivatives volume, has snagged a provisional license in Dubai, two years after moving its headquarters to the city. The license, granted by the Virtual Asset Regulatory Authority (VARA), marks a significant step in Bybit's global expansion.
Helen Liu, Bybitâs COO, highlighted Dubaiâs strategic location and progressive policies as key factors in their decision. The city is rapidly becoming a global crypto hub, attracting numerous blockchain firms with its crypto-friendly regulations.
Bybit aims to secure a full operational license soon, enhancing its ability to serve both retail and institutional investors in the region.
Turbo Coin doesn't appear to be a well-known cryptocurrency. There might be a new cryptocurrency with this name, or it could be a lesser-known or older token.$TURBO
If you're looking for information on a specific cryptocurrency, please provide more details or context about Turbo Coin, such as:
1. Symbol (if available)
2. Blockchain platform (e.g., Ethereum, Binance Smart Chain)
3. Use cases or purpose
4. Any notable partnerships or features
This will help me provide more accurate information. Alternatively, if you're interested in learning about other cryptocurrencies, feel free to ask!
MBX DeFi SERVICE #MARBLEX #MBX
In the DeFi service, it is possible to productively use not only MBX, the key currency of the ecosystem, but also each unique game token created in the MBX Playground. It creates additional value by expanding the use of tokens, providing stable liquidity and enhancing the value of MBX. Breaking away from the act of simply mining and trading game tokens, users can create new values by operating digital assets through the MBX DeFi service.
-PopĂŒler Analistten Kripto Para-Emtia Benzetmesi: Böyle Bir Dip GörĂŒlmedi!-
PopĂŒler kripto para analisti MichaĂ«l van de Poppe, kripto paralar ve emtia piyasası hakkındaki yorumuyla gĂŒndeme geldi.
MichaĂ«l van de Poppe15 EylĂŒl tarihli Twitter gönderisinde kripto para piyasası ve emtia piyasası arasında bir karĆılaĆtırma yaptı.
Analist Poppe Twitterâdan yaptıÄı açıklamada, emtia ve kripto para birimlerinin mevcut deÄerlemelerinin 1971 ve 2000 yıllarındaki seviyelere benzer olduÄunu vurguladı.
Analist, özellikle emtiaların ve kripto varlıklarının aĆırı derecede dĂŒĆĂŒk deÄerlerde olduÄunu belirterek, önĂŒmĂŒzdeki 10 yıllık dönemde emtiaların uzun vadeli bir boÄa piyasasına girmesinin muhtemel olduÄunu söyledi:
Emtialarda bu deÄerlemeleri en son 1971 ve 2000 yıllarında görmĂŒĆtĂŒk. Emtialar ve kripto paralar aĆırı derecede deÄerinin altında ve emtiaların 10 yıllık uzun bir boÄa piyasasına girmesi muhtemel. Bu iki varlık sınıfından çok fazla yĂŒkseliĆ bekliyorum.
Bu deÄerlendirmeler doÄrultusunda Van de Poppe, her iki varlık sınıfında da ciddi bir yĂŒkseliĆ beklentisi taĆıdıÄını aktardı.
Van de Poppeânin bu açıklamaları, yatırımcılar arasında emtia ve kripto paralara yönelik iyimser bir hava yaratırken, uzun vadeli yatırımlar için önemli fırsatlar sunduÄu yorumlarına yol açtı.
#Bitcoin #Binance #btc #ETH #USDT
$SOL Price Analysis:
đThe price currently sits above the critical $118-$122 support zone.
đOn the weekly chart, prices are holding above the Strong Support Area ; however, buying pressure remains weak.
đA large area of indecision exists on the higher timeframes, leaving the direction unclear for now.
đIn my view, a medium-term correction down to $95-$98, or potentially even $80, remains a possibility.
đKey Levels to Watch:
- Resistance: $140, $150-$152, $160-$162.50
- Support: $110-$113, $98-$100, $88-$90, $72-$75
-
#NeiroOnBinance #BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI #FTXSolanaRedemption #GrayscaleXRPTrust
Marblex NFT Marketplace #marblex #mbx
Through the free trade of NFT, the value of play performance can be realized and used in the game. Service providers will build and expand the arena of services in order to create a more convenient and safer platform environment for the utilization of NFTs. The NFT Marketplace is an example of such arena, where users can trade, hold, or mint various NFT including the exclusive membership NFT for MARBLEX, MARBLERSHIP.
HIVE (Hive) is the native cryptocurrency of the Hive blockchain platform, a decentralized, open-source network focused on social media, content creation, and community building.$HIVE
Key details about HIVE include:
- _Symbol_: HIVE
- _Consensus Algorithm_: Delegated Proof of Stake (DPoS)
- _Total Supply_: Unlimited
- _Circulating Supply_: Approximately 400 million HIVE tokens
- _Use Cases_:
- Social media
- Content creation
- Community building
- Governance
- _Unique Features_:
- Decentralized social media platform
- Tokenized rewards for content creators
- Community-driven governance
Current Price (approximate):
- Price: $0.50
- Market Cap: $200 million
- 24h Volume: $1 million
Some potential benefits of HIVE include:
1. Decentralized social media platform
2. Tokenized rewards for content creators
3. Community-driven governance
4. Growing adoption in social media and content creation
HIVE Risks:
1. Market volatility
2. Regulatory uncertainty
3. Smart contract risks
4. Adoption challenges
Other similar cryptocurrencies include:
1. Steem (STEEM)
2. LBRY (LBC)
3. DTube (DTUBE)
4. Livepeer (LPT)
Hive's partnerships and integrations include:
1. Steemit
2. DTube
3. LBRY
4. Peakd
Hive offers various products and services, including:
1. Hive Social Media Platform
2. Hive Wallet
3. Hive Tokenized Rewards
4. Hive Governance
Would you like more information on HIVE or its platform?
CITY (City Coin) is the native cryptocurrency of the City Chain platform, a decentralized, open-source blockchain network focused on building a global, community-driven network of cities and towns.$CITY
Key details about CITY include:
- _Symbol_: CITY
- _Consensus Algorithm_: Proof of Stake (PoS)
- _Total Supply_: 10 billion CITY tokens
- _Circulating Supply_: Approximately 5 billion CITY tokens
- _Use Cases_:
- Community governance
- Local currencies
- Decentralized finance (DeFi)
- Smart city initiatives
- _Unique Features_:
- Community-driven network of cities
- Localized tokens for each city
- Decentralized governance
Current Price (approximate):
- Price: $0.05
- Market Cap: $250 million
- 24h Volume: $500,000
Some potential benefits of CITY include:
1. Community-driven network of cities
2. Localized tokens for each city
3. Decentralized governance
4. Growing adoption in smart city initiatives
CITY Risks:
1. Market volatility
2. Regulatory uncertainty
3. Smart contract risks
4. Adoption challenges
Other similar cryptocurrencies include:
1. Ethereum (ETH)
2. Polkadot (DOT)
3. Solana (SOL)
4. Chainlink (LINK)
City Chain's partnerships and integrations include:
1. United Nations Sustainable Development Goals (SDGs)
2. Smart City Alliance
3. Global Blockchain Council
4. Local governments and municipalities
City Chain offers various products and services, including:
1. City Chain Blockchain
2. City Coin Wallet
3. City Coin Governance
4. Smart City Solutions
Would you like more information on CITY or its platform?
đ„đ„đ„ #EthereumPrice Nosedives Over 5%, Pressure Mounts on Bulls
Ethereum Price Drops Over 5%, Eyes Further Decline Toward $2,120
- Ethereum has seen a significant decline of over 5%, breaking below $2,350 and signaling increased selling pressure. The cryptocurrency may continue to drop toward the $2,120 support level if it fails to regain momentum.
Ethereum Price Faces Selling Pressure
- Ethereum attempted to clear the $2,450 resistance but failed, leading to another decline similar to #bitcoinâïž . ETH saw a more pronounced drop, breaking through the $2,400 support zone.
Key Trend Line Break
- A crucial bullish trend line with support at $2,400 was broken on the hourly chart of ETH/USD (Kraken data). The price is now trading below $2,320 and the 100-hour Simple Moving Average (SMA), with a recent low at $2,253. Currently, ETH is consolidating its losses.
Resistance Levels to Watch
- Ethereum faces resistance near $2,300, which aligns with the 23.6% Fibonacci retracement level of the recent drop from the $2,465 high to the $2,253 low. The first major resistance level is at $2,320. If ETH manages to close above this, it could push toward the $2,360 level, with additional resistance near $2,385 (the 61.8% Fib level). Breaking above $2,385 could open the door for a move toward $2,450 in the near term.
Potential Further Declines
- If Ethereum fails to break the $2,320 resistance, the downtrend may continue. Immediate support is found near $2,250, with the first major support at $2,200. A break below this level could push ETH toward the $2,150 level, with the next major support at $2,120. If selling pressure continues, Ethereum could test the $2,050 zone.
Technical Indicators
- Hourly MACD: Gaining strength in the bearish zone.
- Hourly RSI: Currently below 50, indicating bearish momentum.
- Key Support Levels: $2,250 and $2,200
- Key Resistance Levels: $2,320 and $2,385
Source - newsbtc.com
#CryptoTrends2024 #BinanceSquareTalks #CryptoNewsCommunity
Direction of MARBLEX Ecosystem
MARBLEX Playground is a user-friendly ecosystem that has been expanded based on the Game-Fi ecosystem composed of competitive IPs.
The core service areas of MARBLEX can be sorted into 4 categories including Game-FI, DeFi, NFT, and Services. Individual and fragmented ecosystems such as WEB3 Games, DeFi, and NFT are fluidly connected and interact with each other through the MARBLEX Playground.
#marblex #mbx
HBAR: Is This the Calm Before the Bull Run? đđ„
Hedera Hashgraph is showing signs of a possible breakout after a long consolidation phase! Weâve seen a steady climb back to the $0.051 level, which is encouraging for the bulls. The moving averages are still lagging behind, but with volume picking up and price testing that key resistance at $0.055, we might be on the verge of a significant rally if we get enough momentum to push past it!
However, weâre not completely out of the woods yet. If HBAR fails to break through this level, we could see a pullback to support levels around $0.045. đš For now, cautious optimism reigns, but itâs worth keeping an eye on this oneâany big news or increase in volume could spark that upward movement everyoneâs waiting for.
đ Follow along, share your thoughts, and letâs ride this potential bull wave together!
#HBAR #CryptoBull #HederaHashgraph #AltcoinAlert #CryptoTrading
Ether Spot ETF lost $20.1 M on September 12, 2024 ET
Spot Ether ETF lost $20.1 million on September 12, 2024, Eastern Time. It was driven by Grayscale's ETHE negative flow of the same quantity. The issuer charges 2.5%, the most in the market, after ETHA's 0.25%. Net historical outflow is $582.9 million.
BlackRock and other issuers did not publish statistics. After reporting $0.5 million on September 11, 2024, the collective net outflow has begun its second straight day.
Without Fidelity's FETH, $1.7 million would have flowed forth the day before. Fidelity's $1.2 million balance eased the move. Analysts think Ethereum Open Interest must rise for the ETF to rise. Alternatively, an increasing Ethereum exchange reserve may boost selling.
This assumes that a bigger exchange reserve boosts token sales. This might cause bad feelings when the value lowers amid high-selling activity. Last time BTC faced a similar issue was when Grayscle released its holdings. Ether ETFs now share its views. Over 94,000 Ether have been added to Ethereum's reserve. This is around $220 million.
The current price of ETH is $2,347.91. In the previous 24 hours and 7 days, its value has dropped 0.82% and 1.24%. At 27.68%, 24-hour trading volume is lower. The 50-day SMA shows that the cryptocurrency is cheap and ready for a boom, according to ETH predictions. The value is $2,696.95. The 200-day SMA is $3,155.87, suggesting a further climb.
Current Ether volatility is 5.71%. Near-term forecasts show the second-ranked token's market value rising 7.15% in 30 days. It will raise Ethereum to $2,562.81. Other variables like rate cuts and recession reports will cause a rise or fall. Ethereum last traded over $3,000 on July 1âAugust 1, 2024.
Spot Ether ETF may lose more money. BlackRock has not reported data. The last time was September 10, 2024, with $4.3 million inflow. It boosted Fidelity's $7.1 million flow.
#ETH_ETFs_Trading_Today #ETH #CryptoPCEWatch #CPI_BTC_Watch $ETH
{spot}(ETHUSDT)
MEET48
1/ MEET48 is set to redefine Web3 entertainment with its AI-UGC ecosystem, integrating AI tools and decentralized governance to empower fans in the idol-making process.
Through innovations like @AIShowBox , #CoinIdols, and #CoinFish on the @ton_blockchain, MEET48 is lowering barriers to content creation and expanding the fan economy.
2/ With its involvement in major events like @TOKEN2049, MEET48 is driving Web3 adoption globally. Follow for more updates on Web3 transformations! #Web3 #AI #TON