$ETH $ETH $ETH
{future}(ETHUSDT)
ETH Price Analysis
After breaking through $2,263, eth has been steadily rising. We previously predicted it would reach $2,500, and now our next target is $2,600. There's no significant risk of a big drop at the moment.
Remember, this isnât financial advice.
Let us know what you think about ETH in the comments!#Write2Earn! #ETHETFsApproved #Write2Earn! #ETHđ„đ„đ„đ„
#Write2Earn!
According to cointelegraph, https://t.co/oI8yx75Nak, a DEX built on Arbitrium One, announced that it has registered more than 145,000 new users in less than a week. This growth comes as https://t.co/CfIuz8eIm1 announced earlier this week that it will become one of the first DEXs to serve as an official platform for the Hamster Kombat airdrop on September 26. The platform, which is designed to handle large airdrops, already has more than 44,000 active users.
đ **Breaking News: Aethir and Filecoin Join Forces to Tackle GPU Shortage!**
- Aethir, a decentralized GPU cloud computing network, partners with Filecoin Foundation to address GPU scarcity.
- The duo aims to boost AI and Web3 sectors by offering GPU leasing services integrated with Filecoinâs decentralized storage.
- Mark Rydon, Aethir's CSO, says traditional systems can't keep up with computational demands.
- Aethirâs 43,000+ GPUs, including Nvidia H100s, will support decentralized infrastructure needs.
- The partnership focuses on AI-driven data security and balancing compute power with decentralized storage.
Talk about a power couple! đ„
**Crypto Bull Cycles: Boom, Bust, and Beware! đ**
- **Bull Cycles & Security Risks:** The crypto market loves a good bull run, but Ian Rogers from Ledger warns that these booms often lead to lax security practices. "Every bull cycle, people find seemingly rational reasons to compromise on security," he says.
- **Centralized Exchanges:** Many crypto holders prefer centralized exchanges over self-custody, a risky move according to Rogers. He cites the FTX collapse as a cautionary tale: "Giving money to someone in the Bahamas? That's not crypto; that's fraud."
- **Cybercrime Surge:** Rogers predicts cybercrime will get worse every year, urging secure self-custody through hardware solutions.
- **Ledger's Commitment:** After a $600K exploit, Ledger promises to reimburse affected users by February 2024.
đ Crypto Bull Cycles: Boom or Bust? đ€
Hold onto your digital wallets, folks! The crypto market is riding another bull cycle wave, but experts like Ian Rogers from Ledger are sounding the alarm on security risks. đĄïž
- **Bull Cycle Blues**: With every market boom, some traders get lax on security and self-custody. Remember FTX? Yeah, let's not repeat that.
- **Centralized Exchange Risks**: Storing assets on centralized exchanges? Rogers says, "If not self-custody, why crypto?"
- **Cybercrime Surge**: Cyberattacks are on the rise. Secure your assets with hardware solutions and clear-signing tech.
Got thoughts? Drop them in the comments! đŹ
**Crypto Market Booms Pose Security Risks, Warns Ledger Exec**
The cryptocurrency market's regular bull cycles bring not just growth but also heightened security risks, according to Ian Rogers, chief experience officer at Ledger. In a Token2049 interview with Cointelegraph, Rogers emphasized that market booms often lead to relaxed security practices.
- **Centralized Exchange Risks**: Rogers highlighted the dangers of storing crypto on centralized exchanges, citing the collapse of FTX as a cautionary example. He stressed the importance of self-custody for true crypto security.
- **Rising Cybercrime**: Rogers noted the increasing frequency and complexity of cyber attacks, predicting that each year will continue to set new records for cybercrime.
- **Ledger's Response**: On Dec. 20, 2023, Ledger announced plans to reimburse victims of a $600,000 blind-signing exploit affecting multiple Ethereum DApps, including SushiSwap and Revoke.cash. The firm aims to complete repayments by February 2024.
đ Bitcoin soared past $64K as the Bank of Japan held rates steady, signaling a positive outlook for risk assets! BTC settled around $63.5K, up 1.9% in 24 hours. Traders are optimistic, noting the steepening US 2Y/10Y treasury spread. đ
Meanwhile, Ether could be gearing up for a breakout! Despite lagging behind BTC this year, ETH's onchain activity is set to rise thanks to DeFi, stablecoins, and NFTs. Steno Research highlights Ethereum's strong active addresses and growing rollup adoption.
Plus, 250+ "Satoshi era" BTC moved on Friday, a rare sighting of early-mined bitcoin becoming active. đĄ Thoughts? Drop them below! đ
In the crypto world , 90% of the market moves in sync with $BTC âthe king of cryptocurrencies. That other 10%? They seem strong after a $BTC downtrend, but donât be fooled! These so-called "rubbish markets" follow Bitcoin too, just later. And when they fall, they drop harder and faster than $BTC. đš Be cautious and stay away from these unstable markets! Donât get caught chasing false promises while BTC leads the real path to profits. Stick with strength, not with the ones that crumble in no time! #Bitcoin #BTCMovements
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DODOâs Proactive Market Maker offers low slippage and capital efficiency. Its one-click token issuance feature is perfect for new projects, including meme coins, by simplifying the token creation process, making it accessible to anyone.
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With the meme sector booming, DODOâs multi-chain one-click token issuance and upcoming meme platform can attract significant traffic, offering easy token creation and cross-chain scalability for meme projects.
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DODOâs features like one-click token issuance, self-initiated mining, and Pegged Pools offer essential liquidity solutions to BTCFi and meme coins, ensuring flexibility and ease of management for these volatile assets.
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DODOâs lower market cap, combined with institutional backing, offers solid growth potential. With strategic partnerships and innovative #DeFi solutions, $DODO is positioned for future success.#DODOEmpowersMemeIssuance #USRetailSalesRise
đ **Crypto Market Update: Bitcoin and Ether on the Rise!**
- **Bitcoin (BTC)**: Up 1.57%, currently at $63,503.69. BTC surged above $64,000 after the Bank of Japan kept rates unchanged, signaling optimism for risk assets. Traders are eyeing macroeconomic data for further insights.
- **Ether (ETH)**: Up 4.77%, now at $2,544.28. A new report by Steno Research suggests ETH might shine soon, benefiting from increased onchain activity due to the recent Federal Reserve interest-rate cut.
- **Satoshi Era BTC**: Over 250 BTC from 2009-2011 moved on Friday, a rare event flagged by Whale Alerts.
đ **Chart of the Day**: BTC price vs. hashrate shows a -50% correlation, hinting at potential convergence.
đŹ **Join the Conversation**: What are your thoughts on BTC and ETH's future? Drop a comment below!
đđ DeFi & Web 3 Enthusiasts, buckle up! Here's your daily dose of crypto optimism:
1ïžâŁ Bitcoin soared past $64K as the Bank of Japan kept rates steady, signaling a green light for risk assets. BTC settled around $63.5K, up 1.9% in 24 hours. đ
2ïžâŁ Ether is gearing up for a comeback! Despite lagging behind BTC this year, ETH's onchain activity from DeFi, stablecoins, and NFTs is set to skyrocket thanks to the Fed's recent rate cut. đ
3ïžâŁ Over 250 "Satoshi era" BTC moved on Friday, sparking intrigue and nostalgia. đ”ïžââïž
Drop your thoughts below! đŹđ
#Crypto #DeFi #Web3 #Bitcoin #Ethereum
$BTC $BTC $BTC
{future}(BTCUSDT)
đ±Daily BTC Update
đŽ In the last 24 hours, around 54,000 traders have been liquidated, with a total value of about $135 million, according to CoinGlass. About 35% of these were long positions and 65% were short positions.
Bitcoin has broken through the resistance zone of $60K-$62K and is now showing strong price growth. The next target is around $66K, which lies within the current downtrend.
âïžHowever, breaking this downtrend won't be easy. It started in March, and we've already seen five times where the price bounced off this line, followed by a sharp drop. Keep this in mind when trading, because if the price bounces off again, we could see it fall back to at least $60K, or in the worst case, down to $50K. #Write2Earn! #BTCâ #Write2Earn! #bitcoinâïž #Write2Earn!
đ„đ„đ„ Here is Key Indicator Showing #Shibalnu Ready for Big #breakout
Shiba Inu (SHIB) Signals Potential Gains Amid Growing Optimism
- Shiba Inu (SHIB) has shown signs of resurgence, posting a 6% weekly increase. Analysts suggest that this upward movement could signal potential for further gains, supported by recent data.
Rising Social Engagement and Sentiment
- Key insights from LunarCrush reveal a surge in social interactions around SHIB, with social engagement hitting 2.43 millionâthe highest level since mid-August. The peak engagement during this period was 4.11 million on July 10, while the lowest was 1.34 million on September 17.
- Additionally, mentions of SHIB have jumped 24.2%, and the number of creators discussing the meme coin has grown by 43.2%. Positive sentiment has edged up by 1.2%, signaling stable community confidence.
Bulls Outnumber Bears
- On-chain data from IntoTheBlock further highlights a positive trend for SHIB. Over the past week, 149 bullish addresses slightly outnumber 143 bearish ones, indicating a steady level of optimism among SHIB holders, though caution remains as bulls and bears remain nearly balanced.
Growing User Interaction
- Supporting the bullish outlook, SHIB's network activity has also picked up. Active addresses have increased by 6.95% in the last seven days, mirroring SHIB's price rise and suggesting growing user interaction with the token.
- These factors combined indicate that SHIB could be poised for a breakout, with increased engagement and on-chain activity pointing towards potential future gains.
Source - thecryptobasic.com
#CryptoTrends2024 #BinanceSquareTrends
đ Bitcoin has surged 7% in the past five days, breaking through $64,000 for the first time this month! Meanwhile, gold has hit all-time highs, surpassing $2,600 an ounce. đ
These standout performances are linked to increased global liquidity, with expanding central bank balance sheets and the Federal Reserve's recent rate cut stimulating investment.
Is Bitcoin playing catch-up with gold's stellar year? đ€ Both assets are thriving, but what's driving this impressive rise? Share your thoughts in the comments! #Bitcoin #Gold #CryptoMarket
đ **Crypto & Gold Soar Amid Global Liquidity Surge!**
- Bitcoin has surged 7% in the past five days, breaking through $64,000 for the first time since August. đ
- Gold has hit an all-time high, surpassing $2,600 an ounce, marking over 30 record highs this year.
- These standout performances are linked to increased global liquidity, with expanding central bank balance sheets and the Federal Reserve's recent rate cut.
Both assets are thriving amid economic uncertainty and monetary debasement. What do you think is next for Bitcoin and Gold? Share your thoughts in the comments!
đ Bitcoin's on a roll! Up 7% in just 5 days, smashing through $64K for the first time this month. Meanwhile, gold's flexing too, hitting over $2,600 an ounce. đ°
Why the surge? Global liquidity is on the rise, thanks to central banks expanding their balance sheets and the Fed's recent rate cut. More liquidity = more investment. đ
Bitcoin and gold are the top performers of the year, with BTC just 14% away from its all-time high. Is it playing catch-up? đ€
Join the convo! What's your take on BTC's next move? đđŹ #DeFi #Web3 #Bitcoin #Gold
A new Ethereum presale token has recently garnered significant attention, surpassing the performance of established cryptocurrencies TRON (TRX) and Nervos Network (CKB). This development highlights the dynamic nature of the blockchain market, where new entrants can quickly gain traction.
The Ethereum-based token's presale success underscores investor interest and confidence in Ethereum's ecosystem. In contrast, TRON and Nervos Network, despite their established presence, have not seen similar levels of recent enthusiasm.
This trend may indicate a shift in market sentiment, favoring innovative projects within the Ethereum network over older, more established blockchain platforms.