Franklin Templeton Launches $435M Fund on Aptos: APT Price Rally?

Franklin Templeton has launched its OnChain U.S. Government Money Market Fund (FOBXX) on the Aptos blockchain, enhancing APT token utility and possibly boosting its price. This fund, managing $435 million, is now accessible directly through the blockchain, bringing traditional finance closer to decentralized finance (DeFi).

The integration could drive APT demand, aligning with its recent 22% price increase. With more financial services using Aptos and expanding partnerships like Stacks, APT’s use cases and value are expected to grow further.

#Aptos #Write2earn #APT #Altcoins #AptosToTheMoon $APT

FTX to Auction 22.3M Worldcoin Tokens, WLD Price Falls 2%

Worldcoin $WLD dropped over 2% after reports surfaced that the FTX estate plans to auction 22.3 million locked WLD tokens, valued at $37.7 million, to recover funds for creditors.

The auction could offer tokens at a discount of 40% to 75%, causing WLD's price to dip to around $1.70, down over 20% for the week.

The locked tokens will gradually unlock until 2028, raising investor concerns. Despite this, Worldcoin continues expanding globally, with potential price increases forecasted for 2025.

#Write2earn #MarketSentimentToday #FTX #Worldcoin $FTT

Binance Burns 1.14B LUNC, Sparking 10% Price Surge

Binance burned 1.14 billion Terra Luna Classic (LUNC) tokens, leading to a 10% price surge in both LUNC and USTC, reigniting hopes for a revival of the Terra Luna Classic ecosystem.
This marks Binance’s 26th LUNC burn, bringing their total to over 64 billion tokens. The burn reduces supply, boosting investor confidence and sparking price growth. Increased burn activity has fueled optimism, with analysts predicting a potential 40% rally for LUNC. Currently, LUNC trades at $0.00009723, and USTC at $0.02433, with trading volumes spiking.

#Write2earn #TerraLab #LUNC #USTC #LUNCburn $LUNC $USTC

Bitcoin Falls Amid Middle East Conflict, Gold Outperforms

Global markets, including Bitcoin, faced heavy pressure after Iran's missile strikes on Israel. Bitcoin briefly rose above $61,500 but dropped to $60,300 amid escalating Middle East tensions. This geopolitical conflict led to Bitcoin's worst performance in a month, with a 6% drop and a 3.5% decline over 24 hours.
While Bitcoin struggled, gold gained 0.8%, showcasing its stability during global crises. The broader crypto market also suffered, with major tokens like Dogecoin, Solana, and Ethereum dropping up to 6%, while smaller tokens like SEI and FLOKI fell up to 16%.

#Bitcoin❗ #MarketSentimentToday #BTC☀ #IranianMissilesPlummetsBTC #Write2earn $BTC

FTX Creditors Approve $6B Payout: Distribution to Begin Soon

FTX creditors have overwhelmingly approved a reorganization plan to distribute over $6 billion to those affected by its 2022 collapse. About 94% supported the proposal, with payouts expected to begin in 4-8 weeks. Most creditors will receive at least 118% of their claims, though based on the original value of assets. FTX's leadership faces legal consequences, with former CEO Sam Bankman-Fried serving 25 years in prison, and Caroline Ellison sentenced to two years for their roles in the collapse.

#Write2earn #FTX #FTT #FTXRecovery $FTT

FIRST US HBAR TRUST LAUNCH SPARKS HEDERA ETF SPECULATION

The launch of the first U.S. HBAR Trust by Canary Capital has fueled speculation about a potential Hedera ETF. Following Bitcoin and Ethereum Spot ETFs, there’s rising interest in similar products for Solana, XRP, and now Hedera.

Canary Capital’s HBAR Trust offers institutional investors direct access to Hedera’s cryptocurrency, highlighting growing interest in altcoins. Steven McClurg, who helped launch the Bitcoin ETF, sees strong demand for crypto products tailored to institutions.

Hedera’s enterprise-grade blockchain tech is gaining attention, and the HBAR Trust could pave the way for a future ETF. However, HBAR’s price dipped 6% amid a market downturn.

#Write2earn #HBAR #Hedera #Altcoins $HBAR

TAO Price Surge Faces Resistance: Will It Hold Above $520?

Bittensor (TAO) saw a 111% surge in September, jumping from $264 to $587. However, as October starts, technical indicators suggest potential resistance ahead.

Will TAO Struggle in "Uptober"?
While October is typically bullish for cryptos, TAO’s strong rise, fueled by AI sector developments, might slow down. The Bollinger Bands show the token nearing the upper band at $660, indicating it may soon be overbought.

TAO's social dominance is also dropping, signaling declining investor interest. The RSI shows it's overbought, suggesting a possible pullback to $520, or even $445. However, if demand spikes, TAO could rally toward $700.

#Bittensor #TAO #AIcrypto #AI #Write2earn $TAO

Sui Bridge Launches for Ethereum and Sui Asset Transfers

The Sui Foundation has launched the Sui Bridge on its mainnet, enabling seamless transfers between Ethereum and Sui. Initially supporting ETH and WETH, this bridge improves cross-chain asset transfers for the Web3 ecosystem.

Using Sui's own validators, the bridge ensures secure transactions without relying on third-party services. Future updates will add more assets and expand liquidity pools. With a user-friendly interface, the Sui Bridge simplifies transfers, marking a key step in enhancing DeFi integration between Ethereum and Sui networks.

#Write2earn #SUI🔥 #SUI #AltcoinStars #SUI $SUI

BNB Completes Wyckoff Pattern Phases: New Highs Possible?

Binance Coin (BNB), the fourth-largest crypto by market cap, is following the Wyckoff pattern, suggesting a new accumulation phase soon, according to analyst MartyParty. This technical indicator shows BNB has completed three key phases, potentially avoiding a major correction.
Currently trading between $465 and $610, a breakout above $610 could signal a trend reversal, with the potential to reach its all-time high of $720. Recent gains of 11.81% in 30 days show bullish momentum, but BNB needs more buying volume to push higher.
If buying pressure increases, BNB could see further upward movement.

#Binance #Write2earn #MarketSentimentToday #BNB #Uptober $BNB

EIGEN Token Launches with $7.16 Billion Valuation

The EigenLayer protocol has launched its native token, EIGEN, now trading with a fully diluted valuation of $7.16 billion. Debuting on October 1, EIGEN’s price quickly rose by over 13% to $4.26, and it's available on major exchanges like Binance and MEXC.
What makes EIGEN unique? It's a "Universal Intersubjective Work Token" designed to address key challenges across different networks, using social consensus and forking. Despite its launch excitement, EigenLayer’s Total Value Locked (TVL) dropped from $20 billion to $10 billion as stakers exited after an airdrop.
Built on Ethereum, EigenLayer allows users to deposit ETH and earn yield by securing additional networks, offering a new way for stakers to generate returns.

#Write2earn #EigenLayer #EIGENonBinance #Eigen $EIGEN

POLIFI TOKENS RALLY AHEAD OF U.S. ELECTION, BIO TARGETS $13M SALE

As the U.S. election nears, PoliFi tokens are surging, with the market cap approaching $700 million. MAGA (TRUMP) token is up 70%, and Kamala Harris' token (KAMA) has gained 61%. Meanwhile, Decentralized Science (DeSci) protocol BIO is aiming to raise $13 million through a public token sale to support community-driven BioDAOs for scientific research.

In other news, Bitcoin ETFs continue to see strong inflows, and Japan's MetaPlanet bought 107 more BTC, now holding 507 BTC worth $32.2 million. The crypto market remains active despite quiet trading in Asia due to regional holidays.

#Write2earn #MarketSentimentToday #PoliFi #MAGACoin #kamala $BTC $MAGA $KAMA

Could Solana Surpass Ethereum? Analyst Says It's Possible

Economist Alex Krüger believes Solana $SOL could surpass Ethereum $ETH in market cap in the long term, echoing investor interest in the possibility. Speaking on the Unchained podcast, Krüger shared his optimism about Solana’s potential to compete with Ethereum, though he isn’t predicting an immediate flip.

Krüger highlighted Solana's growth in volume, innovation, and development as key factors, and expects SOL to outperform ETH over the next year. Currently, SOL/ETH is trading at 0.0602 ETH, valued at $157.61.

#MarketSentimentToday #Write2earn #Solana #Ethereum #CryptoMarketMoves

ETHEREAL EXCHANGE INTEGRATION BOOSTS ENA PRICE BY 20%

Ethereal Exchange's proposal to integrate its decentralized exchange (DEX) into Ethena's hedging engine has sent ENA prices soaring by over 20%. The plan, submitted for governance voting on September 20, aims to enhance Ethena's liquidity and expand the utility of its stablecoin, USDe. If approved, 15% of future Ethereal governance tokens will be allocated to ENA holders.

Following the news, ENA surged from $0.3496 to $0.4179, with a 145% increase in trading volume. The derivatives market also saw a spike, with ENA futures open interest rising 20%, hitting $190 million.

#Marketsentimentstoday #Write2earn #Ethena #ENA #ethena_labs $ENA

Can Toncoin Break $6 Resistance for a Bullish Rally?

Toncoin (TON) recently hit resistance at $6.00, peaking at $5.96 before losing momentum. While its bullish drive has weakened, the Moving Average Convergence Divergence (MACD) shows it's not fully bearish yet, but vulnerable.

Market sentiment has improved, with short-term holders dropping from 26% to 15%, reducing volatility. Currently trading at $5.81, breaking past $5.96 is crucial for a rally towards $6.36. However, failure to do so may lead to consolidation between $5.37 and $5.96, stalling further gains.

#Write2earn #MarketSentimentToday #Toncoin #ToncoinSurge #TON $TON

Bitcoin Set for Best September Since 2013, Eyes Bullish October

Bitcoin (BTC) is set to end September with a 9% gain, marking its best performance for the month since 2013. Historically, September has been Bitcoin’s worst month, often closing in the red, but this year breaks the trend. October is typically a strong month for Bitcoin, with past gains of up to 60%.

Several factors are driving this rally: global monetary easing, a weakening yen, and rising institutional investments. Favorable U.S. political sentiment toward crypto ahead of the November elections also boosts confidence. Experts believe Bitcoin's upward momentum will continue into the final quarter of 2024.

#MarketSentimentToday #Write2earn #Uptober #bitcoin☀️ #BTCReboundsAfterFOMC $BTC

Can Polkadot (DOT) Break the $5 Resistance?

Polkadot (DOT) bulls struggled this week, failing to push the price above the key $5 level. Despite some early gains, sellers regained control, keeping DOT around $4.80, down 2%.
After a promising rise early in the week, DOT surged to $4.96 on Friday, but the rally lost steam, with sellers pulling the price back under $5.
Despite this, technical indicators hint at a possible bullish reversal. DOT is showing a falling wedge pattern and bullish RSI divergence, signaling a potential breakout. If it clears $5, DOT could rise to $6 or higher, but the resistance remains a key hurdle.

#Write2earn #Polkadot #DOT #Altcoins $DOT