**News Flash: Lessons from Friend.tech's Fall Shape SocialFi's Future**
The SocialFi sector is learning from the collapse of Friend.tech, aiming for sustainable growth. Friend.tech, a decentralized social media platform linked to X, saw its token crash in May 2024, highlighting the challenges of mass adoption.
Key voices in the industry stress the importance of continuous user engagement and long-term value creation. Despite Friend.tech's downfall, the SocialFi industry remains optimistic, with improvements in user experience and scalability on the horizon.
Experts believe SocialFi could become a significant blockchain sector, offering unique opportunities for user engagement and monetization.
đ Big news from Sygnum! Their subsidiary just snagged a crypto asset service provider license in Liechtenstein, opening doors to the EU and EEA under MiCA regulations. đ
With this license, Sygnum can now offer regulated digital asset services like brokerage, custody, and banking across Europe. They're joining the ranks of Coinbase, Circle, and others gearing up for MiCA's full rollout.
Martin Burgherr, Sygnum's Chief Clients Officer, calls it a "significant expansion" into the world's largest trading bloc. What do you think this means for the future of crypto in Europe? Drop your thoughts below! đŹ
đ Big news in the crypto world! Sygnum, a digital assets banking group, has scored a major win by obtaining a crypto license in Liechtenstein. This move sets the stage for their expansion into the EU and EEA, thanks to the Markets in Crypto-Assets Regulation (MiCA).
Key points:
- Sygnum's Liechtenstein subsidiary is now a licensed crypto asset service provider.
- The license allows them to offer regulated services like brokerage, custody, and banking.
- MiCA enables companies to operate across all 27 EU member states and EEA countries.
What do you think about this expansion? Drop your thoughts in the comments! đŹ
đ Bitcoin Price Watch: Bull Run on the Horizon? đ
Bitcoin enthusiasts, hold onto your hats! Over the past few weeks, BTC has been on a recovery spree, bouncing back from the $52,500 support level and reclaiming the $57K and $60K marks. The daily chart shows BTC testing the critical $64K resistance level and the 200-day moving average. A bullish breakout here could set the stage for a new all-time high! đ
On the 4-hour chart, BTC is riding an ascending channel, but bewareâa rejection at $64K could see a dip to $60K or $57K. However, the daily timeframe still hints at more upside potential.
Miners are also playing their part. They've reduced selling pressure, signaling they're ready to hold for higher prices. This could mean a supply squeeze and a potential rally in the coming months. đ
đ Big news in the DeFi world! Sygnum's subsidiary just snagged a crypto license in Liechtenstein! đ
1ïžâŁ This move sets the stage for Sygnum to conquer the EU and EEA markets, thanks to the MiCA legislation. đ
2ïžâŁ With this license, Sygnum can now offer regulated digital asset services like brokerage, custody, and banking. đŒ
3ïžâŁ Joining the ranks of Coinbase and Circle, Sygnum is ready to ride the MiCA wave and expand across Europe. đ
Feeling bullish? Share your thoughts in the comments! Let's discuss how this shapes the future of DeFi and Web 3! đđŹ
đ Big news in the crypto world! The SEC has approved physically settled options for BlackRockâs spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT). This could be a game-changer for the market! đ
Before hitting the market, these options need the green light from the OCC and CFTC. Experts are buzzing about the potential for a gamma squeeze, similar to the GameStop frenzy of 2021. This could lead to rapid Bitcoin price increases as market makers buy more to hedge their positions.
Institutional demand is expected to surge, offering a regulated way to gain Bitcoin exposure. With Bitcoin's fixed supply, this could drive significant price movements. Exciting times ahead! đ
đ **Crypto News Flash: Jupiter Token Dips Amid Solana Ecosystem Surge** đ
- Jupiter (JUP) token retreated to $0.08 after peaking at $0.89 last week, with a market cap of $1.098B.
- Solanaâs (SOL) DEX transactions soared by 18% to $5.27B, surpassing Ethereumâs $5.1B.
- Jupiter handled $587M in transactions on Sept. 23, holding a 37% market share with 10,400 active wallets.
- Despite a recent drop in volume, Jupiter's total assets rose by 5% to $1.17B.
- Key challenge: 92% of tokens are held by the top ten addresses.
đŹ What do you think about Jupiter's future? Share your thoughts below!
Exploring Real World Assets with AtivoLabs and AssetLink. đđ
The RWA (Real World Assets) market is emerging as a promising frontier in the crypto space. AtivoLabs and AssetLink are leading the charge by merging real estate investing with the power of blockchain technology. Here's a breakdown of what their upcoming Token Generation Event (TGE) offers:
đčFractional property ownership: Diversify your portfolio with smaller capital investments.
đčAI-driven market insights: Make data-backed decisions with smart analytics.
đčGlobal real estate access: Invest in properties around the world, without traditional barriers.
đčYield-generating focus: Potential for stable, consistent returns.
đčInstitutional partnerships: Boosted credibility and security through trusted collaborations.
đč$ASET utility token: Provides liquidity and accessibility while backing investments in tangible properties.
AssetLink leverages smart contracts on the Base blockchain, ensuring top-tier security and reducing fraud risks. Their AI-powered market analysis gives investors an edge in identifying opportunities. This is a game-changing entry into a $5 trillion market, blending the tangible nature of real estate with tokenization, making it more accessible than ever.
Visit AssetLink.io to learn more!
#AtivoLabs #AssetLink #RWA #RealWorldAssets #lunarlabs
đ„đ„đ„ Hot #Altcoinsđđ and Trades Right Now: $PENDLE, $TAO, and SUI Tops the List
Altcoin Activity: $PENDLE , $TAO , and $SUI Capture Market Attention
- Several altcoins have gained significant traction in the crypto market recently, with PENDLE, TAO, and SUI showing notable price movements and attracting tradersâ interest.
PENDLE: Price Rebound After Sell-Off
- PENDLE experienced a strong rebound, rising from $2.48 to $4.08 over the past two weeksâa 64% increase. This surge follows a major sell-off by Arthur Hayes, co-founder of BitMex, who recently sold 1.59 million PENDLE tokens for about $5.62 million at an average price of $3.52 each. Initially, this sale raised concerns among traders, but PENDLE quickly attracted new buyers, leading to a significant increase in its value. The token remains a focal point for those in the decentralized finance (DeFi) space, appealing to both short-term traders and long-term holders.
TAO: Continued Upward Momentum
- TAO has sustained a steady upward trend this week, drawing increased interest as its value rises consistently. Traders are keenly observing the market for entry points, as TAO positions itself as one of the week's top-performing altcoins. This strong performance has generated excitement about its future potential.
SUI: Strong Narrative and Steady Interest
- SUI is also attracting attention due to a robust narrative surrounding its DeFi applications. Despite some token unlocks, SUI has maintained steady interest from traders looking to capitalize on opportunities within its DeFi ecosystem. Ongoing developments and market activity suggest potential for further growth in the near future.
Overall, PENDLE, TAO, and SUI are gaining traction, with market events fueling price increases and creating strategic trading opportunities for investors.
Source - cryptonewsland.com
#CryptoMarkets #BinanceSquareTrends #CryptoNewsCommunity
đ Token Unlocks: 23-27 September
24 Sept: Galxe $GAL token will unlock 416.67k tokens, accounting for 0.33% of the circulating supply, valued at around $991.67k.
25 Sept: Venom $VENOM will unlock 235.36 million tokens, accounting for 12.66% of the circulating supply, valued at around $25.55 million.
27 Sept: Yield Guild Games $YGG  will unlock 14.08 million tokens, accounting for 3.65% of the circulating supply, valued at around $6.50 million.
Galxe's small 0.33% unlock might have minimal effects, but Venom's 12.66% could trigger volatility. Yield Guild Games' 3.65% unlock is also worth watching. Investors should stay alert for potential market shifts.
#Binance #BinanceSquareFamily #Bitcoinâ
Volume Surge Radar â September 23rd
đ Exciting developments in the crypto market! Today, Iâm thrilled to unveil the latest Volume Surge Radar, showcasing the top 5 tokens with remarkable volume increases. This data can help you spot potential opportunities and trends!
đ Here are the standout performers comparing yesterday's volume with Saturday's:
1. Beta Finance (BETA): A staggering +1,895%
2. Pendle (PENDLE): An impressive +930%
3. Streamr (DATA): A notable +728%
4. CLV (CLV): A solid +655%
5. Kava Lend (HARD): A robust +510%
These tokens are making waves, and keeping an eye on them could be pivotal for your trading strategy. Dive into the data, explore the stories behind these surges, and letâs navigate this thrilling market together!#DODOEmpowersMemeIssuance #BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC
URGENT UPDATE REGARDING $GHST , $BNB , $TAO
1ïžâŁÂ GHST (Aavegotchi): GHST is experiencing a significant increase of 36.32% to $1.20. To maintain this upward momentum, GHST must break above the $1.25 level and close above $1.30. Failure to do so could lead to a pullback.
2ïžâŁÂ BNB (Binance Coin): BNB is showing a moderate increase of 1.74% to $592. To continue this trend, BNB must break above the $600 level and close above $610. Failure to do so could lead to consolidation.
3ïžâŁÂ TAO (Tao): TAO is currently at 537.8. To sustain an upward trend, TAO must break above the 550 level and close above 560. Failure to do so could lead to a correction.
KEY LEVELS TO WATCH:
GHST:Â $1.15 (support), $1.25 (resistance)
BNB:Â $580 (support), $600 (resistance)
TAO:Â 530 (support), 550 (resistance)
#NeiroOnBinance #KryptoAlchemy #CPI_BTC_Watch #Token2049 #BinanceLaunchpoolHMSTR