đ Dragonfly Capital is making waves in the crypto world by raising $500M for its fourth investment fund, focusing on early-stage blockchain projects! đ
- Already secured $250M, aiming to close by Q1 2025.
- Known for backing over 100 companies, including Ethena (USDE), Cosmos (ATOM), and Monad Labs.
- Recent moves: Supporting Agoraâs stablecoin AUSD on the Sui blockchain to attract institutional users.
Dragonfly's Haseeb Qureshi recently addressed market sentiment and token price declines, attributing them to broader downturns and geopolitical tensions.
đŹ What are your thoughts on Dragonfly's strategy? Share below!
Fireblocks and Chainlink Labs announces a strategic partnership
#Fireblocks , an all-in-one platform for building digital asset business, and #ChainlinkLabs partners to accelerate regulated stablecoin issuance. Through this partnership, companies will provide issuing agents with a unified, real-time view of stablecoins, reserves, market value, and total supply across multiple blockchains, offering insight not currently available in the market, setting a new benchmark for industry practices.
đ prnewswire.com/news-releases/fireblocks-and-chainlink-labs-announce-strategic-collaboration-to-accelerate-regulated-stablecoin-issuance-302249711.html
SOL.X in downward trend: price expected to drop as it breaks its higher Bollinger Band on August 23, 2024
SOL.X broke above its upper Bollinger Band on August 23, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 80 similar instances where the stock broke above the upper band. In 53 of the 80 cases the stock fell afterwards. This puts the odds of success at 66%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 40 of 73 cases where SOL.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 55%.
SOL.X moved below its 50-day moving average on August 27, 2024 date and that indicates a change from an upward trend to a downward trend.
The 50-day moving average for SOL.X moved below the 200-day moving average on September 06, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SOL.X declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 65%.
The Aroon Indicator for SOL.X entered a downward trend on September 13, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
$SOL
#HotTrends #Tickeron #TechnicalAnalysis #signals #AI_Tickeron
EMURGO partners with Zilliqa to enhance blockchain interoperability, liquidity, and governance, leveraging Cardanoâs Web3 technologies.
EMURGO, a blockchain technology company known for its role in driving the adoption of Cardano, has announced a significant partnership with Zilliqa Group.
Zilliqa, a Web3 and metaverse venture builder, specializes in supporting luxury and entertainment sectors using advanced Web3 technologies, including its own Zilliqa blockchain.
#CardanoSurCardanoSurge #Crypto #CryptoNewsâ #CryptoNewssCommunity
Stacks Integrates Bitcoin with Aptos Network đ€©
#Stacks is integrating its Bitcoin Layer-2 protocol with the #Aptos Network, enabling Bitcoin to be used in decentralized applications (dApps) and real-world use cases on Aptosâ Layer 1 blockchain.
Through this partnership, #sBTC , a 1:1 Bitcoin-backed token, will facilitate secure Bitcoin transfers on Aptos, unlocking new possibilities in DeFi, gaming, AI, and social platforms. This comes after Stacks resolved an SEC investigation with no enforcement actions.
The integration builds on Stacksâ recent advancements, including the Nakamoto upgrade, which enhanced transaction speeds and interoperability with other blockchain ecosystems.
If you enjoy my content, feel free to tip me â€ïž
#Binance
#crypto2024
âĄïžBENQI partner spotlight: @axon_finance.
Axon's 360 isn't just an app, it's a cutting-edge financial management tool.
By integrating seamlessly with the BENQI ecosystem, Axon 360 offers deep insights, portfolio analytics, and real-time performance tracking, making it the perfect companion for maximizing your yields across our lending and borrowing platform. đĄ
Listen to our recent space with AXON Co-Founder and CEO @0xrandomrandom to learn more about AXON 360:
BitGo lance une plateforme de gestion de tokens pour les protocoles đ
Adoptée par des acteurs comme @LayerZero_Core et
@worldcoin, cette plateforme répond à la problématique des projets qui doivent assembler des solutions fragmentées pour la garde, la gestion et la distribution des #tokens.
@BitGo propose une solution unifiĂ©e oĂč tout peut ĂȘtre gĂ©rĂ© depuis un seul endroit, incluant les tokenomics, les validateurs, le dĂ©veloppement du protocole et la garde des actifs đĄïž
Microsoft a annoncĂ© un programme de rachat d'actions pouvant atteindre 60 milliards de dollars, le plus important de son histoire đ„
Ce programme remplace un prĂ©cĂ©dent de mĂȘme montant instaurĂ© en 2021. ParallĂšlement, les dividendes versĂ©s aux #investisseurs augmentent de 10 %, passant de 75 cents Ă 83 cents par action đ
En juin, @Microsoft disposait de 75 milliards de dollars de trésorerie et équivalents. Les résultats de l'entreprise pour l'exercice fiscal 2024 sont solides, avec un chiffre d'affaires annuel de 245 milliards de dollars et un bénéfice net de 88 milliards de dollars.
Microsoft est actuellement la deuxiĂšme sociĂ©tĂ© la plus capitalisĂ©e au monde, avec une valorisation de 3 200 milliards de dollars đ°
The 2024-2025 Bull Market has already started and here are five best Altcoins to diversify your portfolio
As we anticipate the next bull market, it's crucial to keep an eye on certain altcoins that have shown significant potential. Here are five altcoins that could make substantial gains in the coming years:
1. Binance Coin (BNB):
Binance Coin, the native token of the Binance exchange, continues to be a strong performer. With numerous use cases, including reduced trading fees on Binance and participation in token sales on Binance Launchpad, BNB is a staple in many portfolios. Its integration in various Binance ecosystem services enhances its utility and demand.
2. Solana (SOL):
Known for its high throughput and low transaction fees, Solana has emerged as a leading smart contract platform. With a growing ecosystem of decentralized applications (dApps) and significant institutional interest, SOL is poised for continued growth. Its speed and scalability make it a formidable competitor to Ethereum.
follow, and share
3. Floki (FLOKI):
Inspired by Elon Musk's dog, Floki has garnered attention as a meme coin with serious ambitions. The team behind Floki is focused on building utility, including NFT and metaverse projects. While it started as a joke, its development and community support suggest it could be a dark horse in the bull market.
4. Uniswap (UNI):
As the leading decentralized exchange (DEX) on Ethereum, Uniswap revolutionized trading by enabling direct peer-to-peer transactions without intermediaries. The upcoming V3 upgrade promises enhanced efficiency and lower fees, potentially driving further adoption and increasing UNI's value.
5. Dogecoin (DOGE):
Dogecoin started as a meme but has since built a loyal community and received endorsements from high-profile figures like Elon Musk. Its low transaction fees and broad acceptance for tipping and small payments make it a popular choice. In a bull market, its established brand and community support could drive significant price action.
El mercado cripto estå experimentando una mayor volatilidad mientras esperamos una importante decisión de la Reserva Federal de EE.UU. sobre las tasas de interés.
Esta decisiĂłn es crucial para entender hacia dĂłnde podrĂa dirigirse el mercado.
Muchos operadores ahora esperan que la Fed reduzca las tasas de interés en 50 puntos båsicos, un movimiento mås agresivo de lo que se pensaba inicialmente.
Esto ha causado volatilidad en el mercado, con los operadores actuando con cautela, especialmente en los mercados de opciones de Bitcoin y Ether.
AquĂ te explico lo que estĂĄ sucediendo:
1ïžâŁ Aumenta la Volatilidad: A medida que se acerca la decisiĂłn de la Fed, la incertidumbre estĂĄ provocando movimientos en el mercado.
2ïžâŁ QuĂ© se Espera: La mayorĂa de los operadores ahora apuestan por una reducciĂłn mayor de 50 puntos bĂĄsicos, lo que podrĂa causar mĂĄs cambios que una reducciĂłn menor de 25 puntos.
3ïžâŁ CĂłmo Impacta en el Cripto: Una reducciĂłn mayor podrĂa hacer que algunos inversores vendan y tomen ganancias, mientras que otros podrĂan verlo como una oportunidad para comprar. De cualquier manera, es probable que haya turbulencia en el mercado.
4ïžâŁ QuĂ© Observar: Esta decisiĂłn podrĂa provocar movimientos bruscos en Bitcoin, Ether y otras criptomonedas, asĂ que estate atento a la dinĂĄmica del mercado tras el anuncio de la Fed.
En resumen, este es un momento crucial para cripto mientras esperamos ver cĂłmo reacciona el mercado ante lo que decida la Fed.
El resultado podrĂa traer grandes oportunidades o mĂĄs volatilidad.
ÂĄSigamos aprendiendo sobre cripto juntos! đ€
SĂgueme en X đ @RodolfoPozoA
BTC/USDT
1. **Price Movement:** Bitcoin has seen a significant upward movement, currently trading around 61,191.4 USDT, a +5.68% increase. The sharp upward trend suggests strong bullish momentum.
2. **Moving Averages (MAs):**
- **MA(7):** 60,811.3 (Yellow Line)
- **MA(25):** 59,657.7 (Pink Line)
- **MA(99):** 58,499.0 (Purple Line)
The price is currently above all these moving averages, indicating a strong bullish trend in the short term. The shorter MA(7) is crossing above the longer MAs, reinforcing the upward momentum.
3. **Volume:** There's a notable spike in volume accompanying the price surge, which often confirms the strength of the price movement. Higher volumes during an upward trend suggest strong buyer interest.
4. **MACD:**
- **DIF:** 597.9
- **DEA:** 439.8
- **MACD Histogram:** The histogram is positive and expanding, indicating increasing bullish momentum. The DIF line is well above the DEA line, showing a strong bullish crossover.
5. **RSI (Relative Strength Index):**
- **RSI(6):** 80.8
- **RSI(12):** 79.2
- **RSI(24):** 75.6
All the RSI values are above 70, suggesting that Bitcoin is currently in the overbought territory. This indicates a strong bullish trend, but it also suggests that a short-term correction might occur due to overbought conditions.
**Summary:** The chart shows a strong bullish trend with significant upward momentum. However, the RSI values being in the overbought region indicate that a short-term pullback or consolidation could be on the horizon.
đ Bitcoin Bulls Back in Action! đ
After a rough Monday, Bitcoin (BTC) has made a spectacular comeback, surging past $61,000 for the first time in three weeks! This impressive rally comes just as the US Federal Reserve is expected to announce a cut in key interest rates, adding an extra layer of excitement to the market.
đ BTC's recent high was last seen in mid-August, before a sharp drop. But today, the leading cryptocurrency bounced back from $57,600 to over $61,000, showing its resilience and strength.
đ Altcoins are riding the wave too! Ethereum is up 4%, Binance Coin touched $550, and XRP surged 3.8%. The biggest winners include TIA, IMX, and TAO, all posting double-digit gains.
Stay tuned, Bitcoin enthusiasts! The market is buzzing with anticipation as the Fed's decision looms. đ
-Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark-
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs pulling in nearly $1 billion worth of ether during this period.
$5B Slips From Defi, Yet 400,000 Ether Pours Into Liquid Staking
Data from defillama.com shows that 38 days ago, the total value locked in defi was $84.61 billion. As of Sept. 17, 2024, that figure has fallen to $79.54 billion. Yet, LSD platforms witnessed steady ethereum deposits into certain protocols. On Aug. 10, there were 13.59 million ETH held in LSDs, and today, that number has grown to 13.99 million, just shy of the 14 million ETH milestone.
Over these 38 days, 400,000 ETHâvalued at $943 million using ETH exchange rates on Tuesdayâhas been funneled into these LSDs. As usual, Lido remains the frontrunner, holding 69.85% of the total 13.99 million ether. This, dominance, however, is slightly down from the 72.23% share it enjoyed a little over a month ago.
Another interesting shift in the LSD landscape is Rocket Pool, which was the second-largest liquid staking protocol on Aug. 10 but has since been bumped to third place. Binanceâs Staked Ether app now claims the second spot, with its holdings jumping from 912,902 to 1.32 million ETH.
The deposit growth since Aug. 10 can be largely credited to Binanceâs LSD, as it amassed 407,098Â ETHÂ over this period. This means other LSDs experienced outflows. For instance, Frax Etherâs reserves dropped from 191,268Â ETHÂ to 184,911Â ETH, and Stakestoneâs holdings slid from 187,998 to 175,675Â ETH.
#ETH #Binance #Bitcoin #btc #BNB
$NEIRO BIGGEST Gainners of the Day..
#MyHaters goes and Check from Day one I ask #NeiroOnBinance have BIG potential and soon it will hit 0.00046 All time high value ..
Write this on Wall.. $NEIRO will go Up here more and soon will hit 0.00050000 and Even 0.00055000.. Keep Long trade and stay tuned ..
đš $NEIRO /USDT is soaring today! With a massive 14.62% spike, NEIRO hit $0.0004644, and it's not showing signs of slowing down. After bouncing off $0.00036607, it exploded past $0.00043340 and surged straight to the top at $0.00046460. Bulls are in full control, and the 24-hour volume at 532.55B NEIRO is fueling the rally. Keep your eyes on this oneâmomentum like this could push NEIRO higher, but donât forget to manage your risk. Will it break new highs, or is a correction on the horizon? Stay sharp, traders!
#NeiroOnBinance #DOGSONBINANCE #BinanceTurns7
đąđž $BTC Bull Run Alert đžđ
Didnât I say it? Look at that chart! đ The market just delivered the bullish breakout I predicted, and $BTC is charging ahead at $61,106 (+5.46%). đ Weâre seeing a steady climb, with Bitcoin reaching a 24h high of $61,320! The momentum is clearly on the rise.
For those following the signals, itâs time to manage your positions carefully and ride this wave đ! If youâre not in yet, be cautious but stay ready for potential opportunities. đŻ
#BTC #CryptoTrading #Write2Earn! #DOGSONBINANCE #GrayscaleXRPTrust
{spot}(BTCUSDT)
Ethereum Ready to Rise? Analyst Identifies 80x Rally Levels
Top crypto specialists expect a parabolic surge for Ethereum (ETH) despite its poor performance.
Famous crypto analyst Javon Marks predicted a 2023-like price increase for Ethereum in a recent X article.
Marks believes Ethereum will repeat its 160% rally trend. He writes on X, âETH looks to have replicated a pattern from 2023 that led into an over +165% climb, and itâs looking to be âGO TIMEâ again.â
Marks has set a $4,723.5 target price, saying a break over this may push Ethereum beyond $8,100. If this trend continues, Ethereum's price might almost double.
Ethereum's recent market performance has been dismal despite this bullish prognosis. ETH has dropped 4.5% in 24 hours, falling below $2,400, a figure it briefly traded above during the weekend.
Javon Marks' research suggests a bright future for Ethereum, while other market experts have identified important support zones to avoid further drop.
Another prominent crypto researcher, Ali, has identified a vital support zone between $2,290 and $2,360. Ali says this zone is important since 1.90 million addresses have 52.30 million ETH.
Ali cautions that Ethereum might sell off if this support is broken, pushing the price near $1,800.
Notably, a break below this level would cause a lot of liquidations, invalidate optimistic forecasts, and start a new slump, changing market sentiment.
#Ethereum #ETH #ETH_ETFs_Trading_Today