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Good news for Arbitrum (ARB) investors: The longing is coming to an end! Arbitrum ($ARB ), one of the favorite altcoins of Turkish crypto investors, broke the 161-day downtrend. Arbitrum, one of the leading names in Layer-2 projects, had been annoying its investors for a long time. ARB, which was constantly exposed to selling pressure due to BTC's weak performance, Layer-2s' inability to trend and its tokenomics, finally gave a positive signal. Arbitrum, which has been pricing in a downtrend since April 1, may have broken and signaled a 53 percent increase. #Arbitrum , which has been showing a weak outlook since April, may have turned the needle. The popular altcoin, which broke the downtrend on September 9, has not yet been able to make a clear attack. However, the technical appearance supports the rise of Arbitrum. As of the writing of the news, ARB, which has found buyers at $0.51, may want to test $0.80 - $0.99 - $1.23 - $1.45 - $1.61 and $1.80, respectively, if it starts to rise. Even reaching the first target from the current level corresponds to a 53.30 percent increase. Factors such as Bitcoin's decline again, the increase in #BTC dominance or the fall of Layer-2s from favor will undermine ARB's momentum. Currently, its pricing at low levels may make it difficult to determine the support level. Investors can follow full numbers as support during this process. For example, the $0.40 and $0.30 regions can serve as psychological support. The loss of the recent low level of $0.46 will ring the alarm bells.

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Addressed investors: Bitcoin faces a Chinese threat! Crypto analyst Wise Advice has suggested that global markets, including Bitcoin (BTC), will face a new challenge. Advice, who issued a warning that “worse than previous financial collapses could happen,” stated that China should be closely monitored. According to the analyst's comments, a crisis that is about to erupt in China's real estate market could overshadow the Fed's interest rate cut or Donald Trump's election victory. Crypto analyst Wise Advice touched on a new threat awaiting #Bitcoin (BTC) in a post he shared on X. China's real estate stocks have fallen to their lowest levels since 2008. According to data, China's real estate sector represents more than 18 percent of global GDP. Advice stated that this rate increases the risks. The analyst said: “We got rid of Grayscale, Mt. We got rid of Gox, we got rid of the German government, we got through the stock market crash in Japan, but now something new has started that could lead to a further decline.” “Most US companies and banks are directly exposed to China’s real estate market,” Advice said, adding that the impending Chinese crisis would negatively impact US stocks. The crypto analyst said #BTC would also be affected by the crash. Advice argued that a possible decline caused by the Chinese real estate market would be easily overcome, and said, “In the long run, $BTC and crypto will only rise.” The analyst noted that a possible collapse in the US markets would encourage the government to print money.

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Pepe (PEPE) has broken through: It may explode soon! Popular memecoin PEPE is blinking at the rise with its technical structure. Pepe's (PEPE) movements are drawing attention among memecoins that have taken the offensive along with Bitcoin's rise. PEPE, which immediately recovered after falling below a critical support price, seems to have entered an uptrend. $PEPE , which broke the downtrend by jumping above $0.00000684, reached $0.00000721 in a short time. The altcoin, which finds strength in the continuation of the memecoin craze, the relative recovery of BTC and the calming of BTC dominance, may target $0.00000932 - $0.00001107 and $0.00001242, respectively, if it settles above $0.00000821. The red area will be decisive in this process. The volume breakout of the red box will increase the bullish signals in the parity. The weakening of the Memcoin craze, $BTC closing below $ 56,500 daily or the increase in #BTC dominance will create selling pressure on the parity. In such a scenario, declines towards $ 0.00000684 - $ 0.00000639 and $ 0.00000585 may occur, respectively. 0.00000585, which was tested on August 5, will serve as the main support. Every process spent below this level will push the parity even lower. #PEPE , which has a market value of $ 3.03 billion as of the writing of the news, achieved a trading volume of $ 927 million in the last 24 hours. It is ranked 26th in terms of market value.

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Bitcoin miner breaks the bank: $180,000 in a single block! A Bitcoin miner has managed to earn about $18,000 by processing a single block. According to Mempool.space, block number 860749, which was mined on September 10, had 5,935 transactions. The mining pool Solo CK was awarded 3,169 Bitcoin ($BTC ) worth about $182,505. According to data from Bitcoin transaction tracker YCharts, the successful miner used a hash rate of 629 petahashes when the block was solved, which is only 0.098 percent of the total power securing the blockchain and occurs at 644.91 exahashes per second (EH/s). This rate requires miners to use more processing power, increases energy costs, and increases verification and transaction times, making it harder for solo miners to successfully verify a block. Of the 859,000 total blocks produced since #Bitcoin was launched in 2009, a single miner has only managed to solve a block 290 times. Large mining companies like Bit Digital, Riot Blockchain, and Marathon Digital typically validate the most blocks, as they each have a large amount of hash power. The Solo CK pool was responsible for solving 14 more blocks last year, earning 59.3 Bitcoin for their efforts, currently worth $3.4 million. A miner from the Solo CK pool also processed a block on August 30, earning the miner around $200,000. Another solo miner from #Solo CK also mined block number 853,742 on July 25.

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KIP X Spaces 🎙️ Join us for our regular weekly X space, this time titled "HOW TO ENSURE AI DOESN’T TAKE YOUR JOB 💼" hosted by our Co-founders Julian Peh & Dr. Jennifer Dodgson. 📅 Date & Time: Thursday, Sep 12 at 3 pm UTC 📍Where: https://twitter.com/i/spaces/1mrGmMLwlQqGy And as per usual, we are giving 3k Uprising Points to the 3 top questions. See the details on how to be eligible in this tweet! 👇 https://x.com/kipprotocol/status/1833535355628491207

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