G.M Frens !
Happy Monday, LFG 🚀
📰 Today's Crypto and Defi Rundown: All the must-know updates in one place! 👇
News 📝
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• 🔍 Bitcoin hits month-high, surging past $63,000 over the weekend following the Federal Reserve’s interest rate cut. Market sentiment is bullish with altcoins also showing strength.
• 🔧 Dusk Network’s mainnet launch signals the rise of privacy-focused blockchain protocols. Investors are watching closely for market penetration post-launch.
• 📊 Federal Reserve's speculation on another interest rate cut continues to influence crypto markets, with analysts predicting a surge in Bitcoin and altcoin prices.
• 🚀 Numerai prepares to launch V5 "Atlas" on September 25, boosting its data-driven crypto investment strategies. Anticipation is growing for increased market performance.
• 🇰🇷 Korean Blockchain Week concludes, leaving the market abuzz with discussions on blockchain innovation and potential new partnerships.
• 📉 Pendle (PENDLE) leads crypto losses today with a 6.82% drop, followed by SATS, Bonk, and BitTorrent.
• 💡 Tether invests $1.5 million in Sorted Wallet, aiming to promote financial inclusion in emerging markets like Africa and South Asia.
• 🎉 PancakeSwap celebrates its 4th anniversary, marking $836 billion in trade volume and deflationary CAKE token burn.
• 🇺🇸 Kamala Harris highlights AI and crypto investment opportunities, pushing for balanced innovation and consumer protection at a Wall Street fundraiser.
• 🔥 Helium (HNT) surges 8.64% as it continues to grow in the decentralized wireless sector.
• 📈 Ethereum and Lido Staked Ether (STETH) rise 4.8%, boosting confidence in decentralized finance as Ethereum strengthens its position.
• 🚨 German authorities shut down 47 crypto exchanges involved in illegal activities, increasing pressure on crypto regulation.
• 🛑 Political uncertainty around Donald Trump’s legal case is causing volatility in both traditional and crypto markets.
• 💬 Numerai gains attention ahead of its V5 launch, expected to enhance its data science platform for crypto trading.
• ⚡ Sui (SUI) jumps 13.88% in value within 24 hours, showing strong momentum in Layer 1 blockchain solutions.
• 🌐 ImmutableX (IMX) climbs 11.80%, maintaining strong interest in scalable solutions for NFTs.
• 💼 Unstoppable Domains partners with LFG, bringing a new domain service to the Gala Games ecosystem.
• ⚖️ U.S. elections approaching could further boost cryptocurrency interest, as market sentiment strengthens following Federal Reserve developments.
• 💸 Bitcoin dominance holds firm, signaling possible consolidation and bullish signals for both Bitcoin and Ethereum.
• 💎 XRP avoids a significant fall, bouncing off key support, while Solana shows resilience in volatile markets.
• 📊 Aave (AAVE) rises 8.45%, demonstrating DeFi’s resilience and continued interest from decentralized finance enthusiasts.
• 🔐 Dusk Network brings confidentiality and compliance to blockchain with its newly launched mainnet, revolutionizing tokenized asset management.
• 💼 Pi42 CEO predicts that Bitcoin could surge past $70,000, while Ethereum eyes $2,800 as critical resistance in the coming weeks.
• 🌍 Tether supports financial inclusion with a $1.5 million investment in Sorted Wallet, targeting underserved regions like Africa and South Asia.
• 📊 Solana bounces back from support levels, signaling potential for further recovery in its price action.
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Stay informed, stay ahead! 🚀
See u soon 😇
Maboo :)
#BinanceTurns7 #MarketDownturn #BinanceSquareFamily