$XRP $XRP $XRP
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118 Million XRP Transferred by Whales
Whale Alert, a well-known platform that tracks large crypto transactions, recently reported two major XRP transfers. First, 100 million XRP (worth around $57.9 million) was moved between two unknown wallets. Then, 18.03 million XRP (valued at about $10.39 million) was sent to the Bitstamp exchange.
These transactions have drawn attention from investors and analysts, leading to speculation about the reasons behind them and how they might affect the XRP market.
Whale Activity in the XRP Market
When large amounts of XRP are transferred between unknown wallets, it often signals strategic moves, like managing liquidity or preparing for upcoming market events. Sending large amounts to an exchange like Bitstamp might indicate plans to sell, which could put downward pressure on XRP's price. However, there hasn't been a significant price change so far, which suggests that broader market factors could be influencing things.
Historically, whale movements in XRP have been both bullish and bearish indicators. In the past, large transfers have aligned with accumulation phases, where big investors increase their holdings in anticipation of price gains. This could show confidence in XRP's long-term prospects.
The crypto market has been highly volatile lately, with many assets experiencing sharp rises and falls. XRP, currently priced at $0.5817, is in a consolidation phase after recovering from recent downward pressure.#Write2Earn! #XRPGoal #Write2Earn! #XRPPredictions #Write2Earn!
🪙#BTC CME closed above 64K yesterday, but the overall dynamics over the weekend weren't the best - Bitcoin continued its local decline and thoroughly tested the 61.8% Fibonacci level.
❗️ If we don't see a buyer reaction from this area and the price continues to decline, it could lead to the cancellation of the scenario for continuation within the descending channel.
However, we've seen similar patterns before, where the price, upon a full bounce from the lower boundary, returned back to the main support zone before continuing its upward movement.
⚠️ Let's see how the week closes, then the month, and afterwards it will be clearer whether BTC can fully move to test the upper boundary of the channel.
🚀I remain positive and within the scope of the medium-term movement, I expect BTC to grow and test levels above 70K. Without such a liquidity gathering, it's hard to imagine the price undergoing a significant correction below 60K.
#Write2Earn! #DODOEmpowersMemeIssuance #BTCReboundsAfterFOMC #solonapumping #ETHETFsApproved $BTC
$ETH $ETH $ETH
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Ethereum ($ETH) has shown a solid recovery after bouncing from $2,516.20, gaining 3%. The price is now hovering around $2,537, suggesting there could be more upward movement. If the $2,530 support level holds, a retest of $2,570 might happen within the next 24 hours.
Buy Zone: $2,520 - $2,540
Take Profit Targets:
1. $2,555
2. $2,570
3. $2,585
Stop Loss: Below $2,510
Watch for a breakout above $2,555 to confirm continued upward momentum.#Write2Earn! #ETHETFsApproved #Write2Earn! #ETH🔥🔥🔥🔥 #Write2Earn!
$STRK miễn nhiễm vs thị trường, giá gần như không có sự biến động nào đáng kể - bất chấp #BTC đã chạy được vài K giá, Nhiều Altcoin khác chạy vài chục % =>
STRK cái tên lỏ mà cộng đồng ban cho quả là không oan.
Trong tuần trước #STRK tăng nhẹ khi mà dự án cho cộng đồng vote starking.
Đây có lẽ là thời điểm đẹp để #STRK test thanh khoản như các dự án khác, nhưng họ không động tĩnh gì, kể từ ngày CEO ra đi, mọi việc vẫn không có quá nhiều thay đổi về đường Giá.
AE vẫn còn giữ con hàng lỏ này chứ
#Write2Win
These 42 Altcoins Have Risen More Than Bitcoin (BTC) in the Last Year!
An altcoin season has been expected in the cryptocurrency sector for a long time. Although the leading cryptocurrency Bitcoin ($BTC ) is not positioned anywhere near the ATH level, the expected sharp increases in altcoins have not occurred yet.
Look On-Chain, a successful analytics company, has identified a total of 42 altcoins that have risen more than Bitcoin this year and provided the following information on the subject:
“42 coins have outperformed Bitcoin (BTC) this year, and 25 of them are listed on Binance. 20 of them were listed on Binance last year or earlier, allowing users to trade by taking advantage of the growth of these coins.
** Among the unlisted coins, 4 are exchange tokens, and 10 are low-volume, small-market-cap, and not widely traded assets.
** Notably, 8 of the top 10 coins are meme coins, and Binance listed 4 of them. This also gives an idea of the listing logic of leading exchanges.
** All 5 coins listed on Binance this year increased by over 30%, with WIF standing out in the list, which gained 234% after being listed on Binance.
** Among the cryptocurrencies listed on Binance last year, ARKM (+%1038), PENDLE (+%752), $FLOKI (+%701), and $PEPE (+%496) showed a strong performance, showing a sharp increase.
Our readers who are curious about the full list of altcoins that have outperformed Bitcoin (BTC) this year can take a look at the relevant image:
#KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
Animoca Brands’ IPO Plans
Animoca Brands, a major player in the Web3 and blockchain gaming space, is progressing with its plans for an initial public offering (IPO). The company, valued at $5.9 billion, is considering Hong Kong or the Middle East for its public listing. However, the timeline for the IPO will depend on market conditions. Animoca’s chairman, Yat Siu, emphasized the importance of market status and other factors in determining the final decision. The company aims to leverage its strong position in the GameFi and metaverse sectors to attract investors and drive growth.
#CATIonBinance FOMC #BinanceLaunchpoolHMSTR #USRetailSalesRise
$FTM has pumped 31% over the past week, showing strong buying pressure. It's holding above support at $0.6400, which is bullish, and money flow is positive with more inflows than outflows.
However, the RSI near 70% suggests it's entering overbought territory, and there's significant resistance around $0.6660 - $0.6766. If FTM breaks above that, it could run higher to $0.6955, but if it fails to clear resistance, a pullback to $0.6400 or $0.6200 is likely.
In short, FTM leans bullish, but a move past resistance is critical to sustain the upward trend.
#DODOEmpowersMemeIssuance #CATIonBinance #ftmpump
#Write2Earn!
Financial Action Task Force FATF praise for India's efforts in combating money laundering, especially through the work of the Enforcement Directorate ED According to the report, the ED relies heavily on open-source inputs, including media reports, social media comments, and public complaints, to identify potential money laundering cases. The FATF noted a steady increase in ED's resources since 2018 and called for further improvements, particularly in prosecuting these cases.
The report also emphasizes the need for additional manpower within the ED, projecting a threefold increase in resources over the next five years to handle the growing complexity and volume of investigations. In addition to open-source data, the ED receives case referrals from law enforcement agencies LEAs and it uses several other avenues, such as the CCTNS system, to monitor. now action Indian ED.good job good duty thanks
BitGo to Enter Stablecoin Market
BitGo, a prominent digital asset custodian, has announced its plans to launch a new stablecoin called USDS in January 2025. This stablecoin will be unique in offering rewards to institutions that provide liquidity to the network. Unlike other stablecoins, USDS aims to create a more open and fair system that promotes innovation and rewards those who build the network. Backed by short-duration Treasury bills, overnight repos, and cash, USDS will join a market dominated by Tether’s USDT and Circle’s USDC. BitGo’s approach could redefine financial freedom and liquidity in the stablecoin market.
#CATIonBinance #BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR
🚨OpenAI Seeks $6.5 Billion Funding To Reach $150 Billion Valuation🚨
According to Cointelegraph, artificial intelligence startup OpenAI is in advanced discussions with investors to secure $6.5 billion in funding, which would elevate its valuation to $150 billion. A Bloomberg report from September 11, citing sources familiar with the matter, indicates that this new valuation does not include the funds being raised. Additionally, OpenAI is seeking an extra $5 billion in debt from banks through a revolving credit facility, allowing the company to draw, repay, and redraw funds as needed.
The new valuation significantly surpasses the $86 billion valuation from the company’s tender offer in February. Thrive Capital is leading the funding round with a $1 billion investment, as reported by The Wall Street Journal. Tech giants such as Nvidia and Apple are among the interested investors, alongside Microsoft, which has invested $13 billion in OpenAI since 2019 and currently owns 49% of the company. The specific amounts that Apple, Nvidia, and Microsoft will invest remain undisclosed.
OpenAI has been working to boost its revenue, with annualized sales reaching approximately $3.4 billion as of May. The company has also seen growth in its user base, surpassing 1 million users across ChatGPT Enterprise, Teams, and Edu, marking a 67% increase since April, according to Reuters. To capitalize on this growth, OpenAI plans to introduce more expensive premium subscription models, potentially costing up to $2,000 per month for its forthcoming large language models, Strawberry and Orion.
The competition in AI development continues to drive startups to raise substantial funds. On September 4, former OpenAI chief scientist Ilya Sutskever secured $1 billion for a new AI startup named Safe Superintelligence, which aims to develop highly intelligent and safe AI systems. Investors in this initiative include a16z, Sequoia, DST Global, NFDG, and SV Angel.#nvidia #apple #openai #Fetch_ai #fet.ai
$FET
A Big Rise for $CATI , $DODO and $FIO Yesterday ..
Huge momentum gain... Will carry more in upcoming days..
In the past 24 hours, several cryptocurrencies have posted impressive gains, with CATI leading the charge, surging by an astonishing +1042.00% to reach $0.9136, signaling strong market momentum and potential opportunities for traders. Following closely behind, FIO saw a significant +60.52% increase, now priced at $0.04403, reflecting growing interest in utility-based projects. DODO also performed well, rising +17.51% to $0.1456, showing positive market sentiment around liquidity-driven assets.
The Rise of Meme Coins and DODO’s Multi-Chain Power
The meme coin sector is surging, and @DODO_official is perfectly positioned to capitalize on this trend. With its innovative one-click token issuance system and the introduction of a new Meme platform, DODO is simplifying the way creators can bring their meme coins to life, making it easier than ever to launch tokens in this rapidly growing market.
Exploring $DODO’s Role in DeFi
Let's take a closer look at $DODO, a decentralized exchange (DEX) powered by a cutting-edge Proactive Market Maker (PMM) algorithm. Unlike traditional market-making methods, this revolutionary approach optimizes on-chain liquidity, reduces impermanent loss, and offers more competitive rates for users. What sets DODO apart is its zero-barrier token issuance and advanced tools for seamless cross-chain trading and customizable liquidity pools.
DODO’s Growth Potential and Future Innovations
DODO’s comprehensive product suite includes DODO X, a stablecoin swapping tool, liquidity mining programs, and Crowdpooling, a platform designed for fundraising and token creation. Backed by industry giants like Binance Labs, Pantera Capital, and Coinbase Ventures, DODO is set to reshape the DeFi landscape. With upcoming integrations, such as those with AltLayer, the platform is poised to elevate user experiences and expand its ecosystem.
#DODOEmpowersMemeIssuance #CATIonBinance #Dodo #fio #BinanceLaunchpoolHMSTR
Binance’s Community Engagement
Binance places a strong emphasis on community engagement, regularly hosting events, webinars, and meetups to connect with its users. The exchange also maintains active social media channels and forums where users can share insights, ask questions, and stay updated on the latest developments. Binance’s commitment to fostering a vibrant and supportive community helps to build trust and loyalty among its users1.
#BinanceLaunchpoolHMSTR #TrumpFirstBTCUse
🤔 XRP to $4.20? XRP Sees Tightest Bollinger Bands Since 2016
It looks like the popular cryptocurrency XRP might be on the verge of some big changes in its space, according to the Bollinger Bands indicator. Right now, XRP is trading at $0.5825, but what is more important is that the Bollinger Bands are tighter than they hae been since 2016. This could mean a big price shift, which traders are keeping an eye on.
The Bollinger Bands are a tool used to measure market volatility. When the bands contract, it suggests that the market is becoming less unpredictable, which could signal a potential turning point.
The last time XRP's Bollinger Bands were this narrow was before the impressive 60,000% rally that happened in 2017. During that period, XRP's price shot up from $0.006 to $3.84, which was one of the most notable price surges in the history of the seventh largest cryptocurrency.
If we look back at the XRP price chart from 2017, we can say that the Bollinger Bands tightened by about 115% between the lower and upper bands. Then, in 2020, there was another tightening, worth a bit more than 200%, after which the price of XRP skyrocketed by 716.46%.
Now the Bollinger Bands are tightening at 71.47%, and some analysts and enthusiasts are even saying that $4.2 per XRP is a potential new all-time high for the popular cryptocurrency.
Many are saying that a similar breakout could be on the way, even though it is hard to know for sure what will happen on the market.
There is no guarantee that history will repeat itself, but there are signs that there could be a big price move, which could have a major impact on XRP's position on the market going forward.
#XRP
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