Notcoin’s price has been on a wild ride, up 8%, but it’s struggling to break past the $0.0080 mark. If it fails to do so, we might see a 10% drop to around $0.0072. The Telegram-backed coin is currently riding market swings, and what happens next will shape its near-term outlook. Meanwhile, Celestia (TIA) is making its presence felt in the ongoing bull market. Despite a sharp decline from its February high, TIA remains in the spotlight.

Over at BlockDAG, the launch of its testnet has stirred excitement. Should the mainnet match the buzz, this could be one of those rare moments in crypto history, with experts forecasting a potential 20,000x return for early buyers. With $78 million raised and 140,000 backers, BlockDAG is shooting for the stars, and some think it just might land there.

Notcoin: Price Drops Delay Recovery  

Notcoin currently trades at $0.0078, a steep 78% below its all-time high. Although recent gains and a rise in trading volume suggest a potential rally, the road ahead looks tricky. The 4-hour chart hints at a possible rise to $0.011, but there’s no certainty yet. Over the past 24 hours, Notcoin (NOT) experienced an 8% increase in price, coupled with an 85% surge in trading volume, indicating growing interest in this Telegram-linked token.

However, with the RSI dipping below 50, momentum is shaky, and Notcoin faces a critical moment as market volatility picks up. 

Celestia (TIA): Climbing with the Lemongrass Update  

Celestia (TIA) has seen notable gains recently, staying above key support levels. The recent Lemongrass Update has injected fresh energy into the altcoin, sparking optimism. Announced through an X post, the update includes major features like one-click interaction via IBC and inter-chain accounts, making it a hit in the market.

The Lemongrass upgrade solidifies Celestia’s potential, positioning it as a significant player in the crypto world. 

BlockDAG’s Bold Moves: Partnering with Soccer Giants for Global Reach  

BlockDAG, currently priced at a keen $0.0192, is making waves as its presale balloons to a staggering $78 million. In a bold twist, analysts are speculating a dizzying 20,000x ROI. 

The project isn’t just making noise; it’s roaring through the crypto jungle with a robust $10 million, 3-year alliance with the soccer leviathan Borussia Dortmund. But the plot thickens as BlockDAG doesn’t pause there—it’s also penned agreements with Inter Milan and buzz suggests another Premier League deal is on the horizon.

This flurry of activity has created a palpable frenzy, with individuals from diverse arenas leaping at the opportunity to snag BlockDAG coins at a steal, drawn by the allure of potentially exclusive VIP experiences. 

These high-profile partnerships are not merely enhancing visibility—they’re turbocharging BlockDAG’s appeal, pulling in throngs of new buyers. From a modest $0.001, BDAG has catapulted a remarkable 1820%, and its momentum appears unyielding. 

As the testnet goes live, the rush to acquire these coins has intensified, propelling BlockDAG into its 23rd batch. Priced attractively at $0.0192, BlockDAG is being hailed as a potent successor to Kaspa, setting the stage for what could be a revolutionary leap in the crypto narrative.

Concluding Thoughts  

In the short term, Notcoin’s backers may push for a break above the $0.0085 threshold. Meanwhile, Celestia’s continued rise is drawing attention, with trading volume surging by 54.87% to $1.26 billion and open interest climbing by 22.94% to $247.43 million. However, BlockDAG is quickly becoming the project to keep an eye on. With partnerships involving Borussia Dortmund and Inter Milan, BlockDAG has the community buzzing.

Analysts predict BlockDAG could offer a staggering 20,000x ROI as the presale gains momentum. With $78 million already raised, the opportunity to buy BDAG coins at these prices may not last long.

Join BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Seasoned altcoins like Toncoin (TON) and Avalanche (AVAX) have performed decently in this trading year. However, a crypto project, ETFSwap (ETFS), that emerged recently has stood out, outshining Toncoin (TON) and Avalanche (AVAX) in the market. Popularly referred to as ‘Uniswap killer’ by experts and the crypto community, ETFSwap (ETFS) has raised over $4 million in its presale and is nearing a massive milestone. Experts claim that ETFSwap’s (ETFS) presale ROI is over 100x what investors will yield from Toncoin (TON) and Avalanche (AVAX).

Uniswap Killer ETFSwap (ETFS) To Skyrocket After Listing 

ETFSwap (ETFS) is a new altcoin that has quickly earned the term ‘Uniswap killer’ due to its unique features and excellent presale performance in the crypto market. Operating on the Ethereum blockchain, ETFSwap (ETFS) tokenizes exchange-traded funds, making them more accessible to every investor. This innovative approach allows traditional investors to enjoy the benefits of decentralization and diversify into other modern ETF asset types. 

As a market maker, the DeFi platform makes trading fun by allowing investors to continuously trade in short- and long-term options without expiration dates. Investors can also maximize their returns by amplifying their trades by at least 10x, a feature that sets ETFSwap (ETFS) apart from other altcoins. Beyond that, ETFSwap (ETFS) has plans to launch its own ETF in 2025. This reflects its foresight and commitment to driving the revolution of tokenized exchange-traded funds (ETFs). Similarly, it shows its reliability as a sustainable investment, providing investors with a sense of security and confidence.

Investors can stake and earn passively on the ETFSwap (ETFS) platform. By adding their assets to liquidity pools, investors gain yield as the volume of the pools grows. Moreover, investors are provided with liquidity for swap trading across markets when they stake a portion of their assets. 

Interestingly, ETFSwap (ETFS) is designed with exquisite AI algorithms that analyze data, sentiments, patterns, and trends to predict and recommend bullish ETF investment options to investors. CyberScope has audited ETFSwap’s smart contracts, and no threats were found. SolidProof has also run a KYC on its team, upholding its transparency and reliability. 

Toncoin Price Predicted To Spike Amid Airdrop 

Toncoin (TON), a popular network associated with Telegram, has been on a constant upward rise recently. This positive outlook is likely to result from the trending Hamster Kombat project. Toncoin blockchain is the official minting site for Hamster Kombat, and it has caught massive momentum in recent days. Interestingly, Hamster Kombat has over 100 million monthly active users, meaning that Toncoin (TON) will be an integral aspect of the project.

Data on CoinGecko shows that Toncoin (TON) experienced an increase of 3.0% and 4.1% in the last seven days and 24 hours, respectively. If Toncoin (TON) keeps the momentum, it could eventually hit an all-time high of $10 in the coming weeks. However, even if TON reaches that massive price, its ROI still isn’t near ETFSwap’s. At the time of writing, Toncoin (TON) trades for $5.91 (per CoinGecko).

Can Avalanche Surpass $30? 

Avalanche (AVAX) hovered around the $28 mark thrice in the last seven days. Avalanche (AVAX) has seen torrid market periods since the start of the year. However, recently, the blockchain seems to be on a path towards a bull run. Data on CoinGecko reflects that Avalanche (AVAX) saw an increase of 11.5% and 5.7% in the last seven days and 24 hours, respectively.

AVAX holders are curious whether Avalanche will go to the moon or keep wobbling around the $28 mark. Crypto analysts, however, claim that AVAX would have to hold a sustained upward momentum to observe a key pivot to determine if Avalanche can reach and surpass $30. While we await the development, Avalanche (AVAX) investors seeking to diversify into other projects are encouraged to buy the ETFS token during its presale to enjoy massive gains when it gets listed.

Final Thoughts: Buy The Uniswap Killer At This Low Price In Its Presale

Buying the ETFSwap (ETFS) token now, priced at only $0.03846 in its ongoing presale, is a must for investors who want a fruitful end to 2024. Experts predict the Uniswap killer will sell for $6 immediately after it gets listed on tier-1 crypto exchanges in the coming days. This translates to a 15,400% return on investment, outshining Toncoin (TON) and Avalanche (AVAX).

For more information about the ETFS presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

According to industry insiders, the blockchain space has been locked in a race to the bottom for years. What started as a promising new way to take the tech space to new heights has, in many instances, devolved into a competition to win market share, with innovation and advancement taking a back seat to marketing and expansion.

For example, Ethereum co-founder Vitalik Buterin has long maintained that the future of blockchain will be multi-chain, not cross-chain, due to security issues, sovereignty concerns, and a lack of cohesiveness and integration across different chains and protocols. At the same time, others have maintained that blockchain will move toward a more cross-chain reality, with no single chain maintaining dominance in any single field.

Unfortunately, many growing industries, including Web3 gaming, have suffered due to this lack of cohesiveness and interoperability. As a result, we have seen the rise of competing chains and platforms, each trying to establish itself as the next Google or Amazon within a specific niche. While this may serve to pad corporate bottom lines in the short run, it is detrimental to the long-term viability of the budding Web3 gaming space.

The GR1D Hub

Toward that end, 1KIN Labs is building the GR1D, a modular gaming network engineered specifically to power the multi-chain, mass-market Web3 gaming ecosystem of the future. The product suite connects gamers with the world’s best community-focused titles, providing exclusive access to in-game content, rewards, digital asset management tools, and more – all with a single, secure, unified, and globally accepted sign-on.

With a unified discovery and management hub for discovering and using exclusive content across multiple blockchain networks and platforms, along with an innovative subscription service available through Amazon, the GR1D is pushing the envelope and is helping Web3 gaming make meaningful strides forward.

How it Works

The GR1D Network is the modular Layer-2 (L2) gaming-focused blockchain network that runs GR1D TERM1NAL – a comprehensive hub that helps gamers discover, collect, and manage exclusive rewards across the ever-expanding Web3 multiverse. This all-in-one hub simplifies user experiences across the highly fragmented Web3 gaming landscape and, perhaps more importantly, brings about never-before-seen levels of interoperability and features across titles and offerings running on competing networks and blockchains.

A closed beta test of the system with over 25,000 participants proved to be exceptionally successful, and the public release will continue to build on the beta’s momentum by offering players access to an ever-expanding library of successful Web3 titles across multiple networks, from Solana and Avalanche to Polygon and more. The network has already signed over 100 games and studios and allows players to collect and trade a host of collectibles across global hits including Blocklords, My Angry Yakuza Girlfriend, Aurory, Aavegotchi, Legends of Venari, and more. The initial release will be accessible to all users, providing them with an inside peek at the system’s capabilities, with access to richer features and functionalities available by creating a user account.

GR1D TERM1NAL Credit Packs on Amazon

As it was just announced, GR1D TERM1NAL Credit Packs are now available on Amazon, via a digital storefront. These credit packs unlock exclusive content, early access opportunities and discounts. This can be thought of as a Web3 equivalent to Xbox Game Pass or Amazon Prime Gaming; it allows users to choose unique sets of in-game assets that they like and access other exclusive content every month. Such access through a digital storefront on Amazon is a first of its kind for Web3 gaming subscription services on the global platform. In this way, GR1D TERM1NAL seamlessly connects Web3 games and other features to Amazon’s massive global user base and an effective on-ramp for gamers looking to engage with the Web3 world.

Jack O’Neill, the founder of 1KIN Labs, said that GR1D TERM1NAL is a major step toward building a more cohesive and user-friendly Web3 gaming ecosystem, with one access point that bridges the many gaps that exist in Web3 gaming and blockchain networks.

The end goal, according to Mr. O’Neill, is to bring the ease and convenience that gamers have become accustomed to on traditional, Web2 platforms such as Xbox Game Pass to the blockchain gaming space, making Web3 more accessible and enjoyable for everyone in the process.

By building performant yet modular underlying technology needed to make the system run and abstracting it away from the user, GR1D Network is setting itself up to become a leading services provider in the Web3 gaming landscape. With unified and enriched experiences made possible via GR1D TERM1NAL, distribution on Amazon, and the creation of value via seamless and cost-effective interaction between gamers, assets, titles, and platforms, GR1D is righting many longstanding industry wrongs – a development that will be to the sound of cheering from the world’s Web3 gaming userbase.

CESS is continuing to solidify its leading role in the world of decentralized infrastructure with participation in several top blockchain events this month: the R3al World @ DePIN Summit, Polkadot Decoded Asia, and Token2049. These events, all held in Singapore, focused on innovative solutions driving the future of Web3, showcasing technological breakthroughs that redefine decentralized storage, content delivery, and AI integration. 

CESS’s participation is reinforcing its pivotal role in transforming the way data is stored, accessed, and utilized in the rapidly evolving digital world.

CESS at DePIN Summit: Leading the Charge in Decentralized Physical Infrastructure

One of the highlights of CESS’s Singapore journey was its pivotal role at the R3al World @ DePIN Summit, an event hosted by IoTeX in collaboration with leading Web3 organizations. As a critical player in the Decentralized Physical Infrastructure Networks (DePIN) ecosystem, CESS showcased its cutting-edge solutions to over 10,000 attendees, including industry leaders, developers, and investors.

CESS’s approach to decentralized storage was a key focus during the summit. Alex Liu, CESS’s DevRel Lead, unveiled CESS’s Decentralized Object Storage Service (DeOSS) during a workshop. This technology addresses the challenges of high-frequency dynamic data management, offering enhanced privacy, security, and data sovereignty. DeOSS is particularly suited for industries like AI and IoT, where secure and scalable infrastructure is essential. Liu emphasized how DeOSS enables businesses to maintain control over their data while benefiting from rapid data retrieval across decentralized nodes.

Jessie Dai, co-founder and COO of CESS, discussed the transformative impact of CESS AI-LINK during a panel called “DePINizing AI”. The feature she presented allows AI models to be trained across decentralized networks without exposing raw data, ensuring data sovereignty and privacy. Dai’s insights resonated with the audience, highlighting CESS’s role in pioneering secure AI solutions that empower industries to innovate withoult compromising on privacy.

Fostering Interoperability and Innovation: CESS at Polkadot Decoded Asia

Polkadot Decoded Asia 2024, held on September 16-17, was another significant event in CESS’s Singapore tour. Known for its focus on cross-chain interoperability, this conference provided a platform for CESS to highlight its integration with Polkadot’s Substrate framework. CESS has long been an advocate for interoperability, allowing decentralized storage solutions to operate seamlessly across multiple blockchains. This feature is critical for data-heavy applications in industries such as AI and IoT, where secure data transfer and storage across various networks are crucial.

CESS’s deep-rooted collaboration with the Web3 Foundation and Polkadot was also underscored during the event. With the foundation’s support, CESS has been able to push the boundaries of decentralized data storage, developing industry-leading solutions that drive the adoption of Web3 technologies. At Polkadot Decoded, CESS reinforced its commitment to advancing decentralized governance, scalability, and the future of decentralized infrastructure.

CESS at Token2049

The tour wrapped at one of the most prestigious and most attended events of the year – Token2049. The conference attracts over 20,000 people from all over the world and features more than 500 exhibitors. CESS is a regular guest at the conference, which focused on the intersection of AI and Web3 this year. 

Commenting on its role at Token2049, the CESS team noted that, “by providing high-speed data access and privacy-enhancing technologies, CESS empowers AI models to be trained across decentralized nodes without compromising on data security — an innovation that stands out in this space.” According to the team, this agenda perfectly aligned with the conference’s main theme.

Shaping the Future of Web3

Through its active participation in these landmark events, CESS has demonstrated its leadership in the decentralized data space. From advancing DePIN technologies to fostering cross-chain interoperability, CESS is at the forefront of innovations that are reshaping the Web3 landscape. As the global demand for decentralized storage solutions continues to grow, CESS remains committed to building a secure, scalable, and privacy-focused infrastructure that empowers the next generation of digital services.

Stay tuned! CESS will be discussing its innovative solutions while recapping the Singapore tour during two scheduled Twitter Spaces on September 25th at 1 pm UTC and September 28th 1 pm UTC. To learn more, please visit CESS on X and Medium. 

Several altcoins faced sell-off amidst Bitcoin’s (BTC) price drop to $61,000.

At the time of writing, XRP is trading at $0.6089, down 2.29% in the last 24 hours.

The Delaware Division of Corporations website now displays an application for a Bitwise XRP exchange-traded fund (ETF). The filing states that the Bitwise XRP ETF was established on September 30, 2024. The CSC Delaware Trust Company, with headquarters in Wilmington, Delaware, was named as the registered agent.

Brad Garlinghouse, CEO of Ripple, has been dropping hints about the impending financial product over the last several months, calling an XRP ETF “inevitable” in the wake of the US-based launches of spot Bitcoin and Ether ETFs.

XRP Open Interest has surpassed 1.5 billion XRP tokens across all cryptocurrency exchanges. The amount is over $1 billion, or 1.55 billion XRP, according to statistics from CoinGlass.

Not long after Ripple announced that the Dubai Financial Services Authority (DFSA) had given its in-principle approval, XRP OI began to climb. On October 1, the team made this development public. It cited an effort to broaden its service offerings out of the DIFC in Dubai.

Overall Market Sell-off

The recent market action has caused crypto investors to feel worried, as several altcoins faced sell-off amidst Bitcoin’s (BTC) price drop to $61,000.

At the time of writing, XRP is trading at $0.6089, down 2.29% in the last 24 hours as per data from CMC. Moreover, the trading volume is up 19.78%. The price is facing brief correction after climbing all the way to $0.66 level on 29 September.

If the price manages to go below $0.58 level, then it will likely decline further to test $0.56 support level. Breaking below this level, will likely see price testing $0.50 mark. Conversely, if the price manages to climb above $0.63 resistance level, then it will likely retest $0.66 level.

At the time of writing, SOL is trading at $147.04, down 5.06% in the last 24 hours.

If the price breaks below $143 level, then it will likely test $129 support level.

Six Solana-based protocols now have more than $1 billion in TVL, which is a first since Solana started. For the layer-1 blockchain network, DefiLlama data shows that five protocols—Jito, Kamino, Jupiter, Raydium, Marinade, and Sanctum—exceeded $1 billion.

As retail adoption increased, crypto community users praised SOL chain features like Blinks and Actions. Some contend that the majority of SOL’s on-chain operations are driven by memecoin frenzy and quick transactions.

Since September 6, the price of Solana has been steadily rising, outperforming both Bitcoin and Ethereum. When comparing Solana, Bitcoin, and Ethereum in Q3 2024, Ethereum had the weakest performance. Bitcoin’s price increased by 1.55%, while the price of SOL rose by 6%. In contrast to the others, Ethereum’s price dropped a staggering 23% in the third quarter.

Bears in Control

With each market recovery, SOL has been among the top-performing high-market-cap tokens, and the $110 support level has shown to be quite resilient throughout market downturns. Meme coins in the Solana ecosystem have also been among the most resilient throughout recoveries.

At the time of writing, SOL is trading at $147.04, down 5.06% in the last 24 hours as per data from CMC. Moreover, the trading volume is up 33.24%. The price was unable to break above the $161 level and faced correction ever since. The price decline is in tandem with the overall crypto market downtrend.

If the price manages to go above $153 level, then it will likely retest $161 resistance level. Breaking above this level, will likely see price climbing towards $178 mark. However, if the price continues the bearish momentum and breaks below $143 level, then it will likely test $129 support level.

The DSS was launched on September 30 by the Bank of England and the FCA.

This project will further establish the United Kingdom as a leading financial hub.

In order to investigate potential applications of digital ledger technology (DLT) in the notary, maintenance, and settlement processes of financial securities, the UK’s financial regulator and the Bank of England (BoE), has established a sandbox.

The Digital Securities Sandbox (DSS) was launched on September 30 by the Bank of England and the Financial Conduct Authority (FCA). This permits enterprises to investigate the potential advantages of distributed ledger technology (DLT) for financial securities.

Banking on DLT

Moreover, emerging technology has the ability to make markets more efficient, transparent, and resilient, something the FCA has acknowledged. According to the regulator, these technologies have the potential to make procedures cheaper and quicker. Which might result in “savings across markets and their users” if they are properly deployed.

The DSS will make it easier for UK authorities to oversee the trading, settlement, and issue of digital securities. All while staying in line with BoE and FCA standards, this will be executed on distributed and programmable ledgers.

This project will further establish the United Kingdom as a leading financial hub, says the Financial Conduct Authority (FCA). The watchdog has pledged to foster an environment conducive to investment and long-term economic development.

As long as they have a valid UK registration, businesses of any size or stage may seek to join the DSS. In March 2027, the sandbox application window will shut. Giving regulators and enterprises the opportunity to move to a more permanent framework. There will be four phases to the DSS, as outlined by the BoE: testing, go-live, scaling, and a permanent regime.

According to the authority, the second phase of the DSS will include the issuance, trading, and settlement of actual digital securities that function similarly to conventional securities.

Highlighted Crypto News Today:

State-owned Postal Service of Indonesia Unveils Unique NFT Stamp

The exchange has reached their 20th regulatory milestone internationally.

The registration with the CNV is a direct outcome of their ongoing dedication to compliance.

Crypto exchange Binance has expanded to Argentina with a successful registration. The announcement that the exchange had obtained a complete license in Kazakhstan to provide crypto services to Kazakh residents came recently before this latest development.

The cryptocurrency exchange said on its blog that it is now able to provide its crypto services to consumers in Argentina as it has been included to the Virtual Asset Service Providers Registry. As they grow to other countries, the exchange has reached their 20th regulatory milestone internationally.

Focusing on Regulatory Compliance

Binance further said that their registration with the CNV (Argentine National Securities Commission) is a direct outcome of their ongoing dedication to compliance both domestically and internationally. The leading cryptocurrency exchange can now provide its full range of services and goods to consumers in the nation thanks to this registration.

The cryptocurrency exchange had recently been granted a complete Digital Asset Trading License in Kazakhstan when this happened. Additionally, regulatory victories in Indonesia and India prompted the registration. Moreover, Binance’s service offerings are expanding into more countries, with El Salvador, France, Dubai, and Japan joining the ranks.

At the same time, Guilherme Nazar, Head of Latin America for Binance, stressed the importance of this collaboration for the cryptocurrency exchange. The meeting between President Javier Milei of Argentina and President Nayib Bukele of El Salvador, who is pro-bitcoin, coincides with Binance’s registration.

This is significant since earlier this year, Milei had advocated for Bitcoin. Suggesting that his nation might use the flagship cryptocurrency to improve its flagging economy. A tactic reminiscent of El Salvador’s use of Bitcoin.

Highlighted Crypto News Today:

Meta to Mass-Produce New Mixed Reality Headsets in Vietnam

With this initiative, Indonesia is demonstrating its growing engagement in the Web3 domain.

The NFT stamp will be available in both physical and digital forms.

Bringing together the best of both worlds, Pos Indonesia, the state-owned postal service of Indonesia, has released its first-ever postage stamps including non-fungible token (NFT) equivalents.

“Cenderawasih,” which translates to “bird of paradise,” is the subject of Pos Indonesia’s first NFT stamp, which the organization announced on its Instagram page. The NFT stamp will be available in both physical and digital forms. A booklet containing the compilation will also be issued.

According to the postal office, the new stamps combine historic values with blockchain innovation, which might entice aficionados. With this initiative, Indonesia is demonstrating its growing engagement in the Web3 domain. Indonesian financial regulators will develop a regulatory sandbox for crypto assets in early 2025 to avoid fraud, according to a March 28 announcement.

Decline in NFT Demand

Moreover, coincident with a decline in demand for digital collectibles, Indonesia has introduced NFT postal stamps. Compared to the previous month, September was the lowest monthly sales volume for NFTs since January 2021. There was a 20% dip from August and an 81% drop from March, when NFT sales peaked at $1.6 billion, according to statistics from CryptoSlam. The volume of NFTs in the month was $296 million.

There was a 32% drop in the number of NFT transactions in September compared to August, falling from 7.3 million to 4.9 million. NFT stamps have been around for a while. Organizations over the globe planned to use NFTs in 2021 and 2022 to reawaken interest in stamp collecting. Groups in the Netherlands, Austria, and the UAE have begun working on a way to merge blockchain technology with classic stamp collecting.

The United Arab Emirates launched the costliest contemporary postal stamp in the world on June 17, 2022, to commemorate the 50th anniversary of its foundation. Along with the NFT variant, the stamp came with one gram of gold.

Highlighted Crypto News Today:

Binance Expands Crypto Services to Argentina After Securing Full License

Helium’s crypto token has been making serious waves lately, capturing attention with its unique approach to blockchain-powered broadband. Helium’s ambition? Lower-cost internet access, driven by decentralized tech. Meanwhile, Ethereum’s been having a bumpy ride. It opened at $2,419 on September 15 but pulled back by 3% over the weekend, a stumble after what had been a promising 15% rise over the past week.

And then there’s BlockDAG, stealing some spotlight of its own with a $77.7 million presale that has the market buzzing. During its latest AMA, BlockDAG’s CEO dropped some major news: pair their X10 and X1 miners together, and you can supercharge your mining by 10x. For miners, this means bigger rewards—and fast. Plus, the company’s focus on simplifying mining solutions could be the edge they need in the crowded crypto landscape.

Helium: Momentary Dip Holds Back from Surge Predictions

Helium’s price may have corrected by 12% over the past week, but on the 1-day chart, it’s forming an expanding channel, signaling potential for a rebound. Over the last 72 days, Helium has surged 143%, reclaiming the $8 mark by mid-September. Currently sitting at 57th in the crypto rankings, it’s outperforming bigger names, reflecting its growing adoption. If a bullish reversal kicks in, HNT could retest its $8 resistance level. 

And if demand continues to rise, especially with the growing IoT market, we could see it push toward $9.5 before the month’s end.On the flip side, if bears maintain control, Helium could drop to test the $6.525 support level. Failure to hold momentum there might send the price further down toward its lower support at $5.155. 

Ethereum Facing A Momentary Dip? 

Ethereum opened trading at $2,419 recently, slipping 3% after an initial 15% gain earlier in the week. Yet, on-chain indicators tied to ETH 2.0 staking trends point to investors gearing up for another push higher in the coming days. While Bitcoin and XRP have surged past key resistance levels—$60,000 and $0.60, respectively—Ethereum stumbled over the $2,500 mark this past weekend, unable to break through. 

Despite that, savvy investors are seeing opportunity in the dip, snapping up ETH at lower prices and positioning themselves in the Ethereum 2.0 staking network. Buoyed by favorable macroeconomic signs, Ethereum enjoyed a strong double-digit rally last week, even as the broader market shook off a slow start to September. 

BlockDAG’s Dream Run: New Mining Avenues Foster New Value Heights

During BlockDAG’s second AMA, CEO Antony Turner reignited excitement with a game-changing announcement for the platform’s mining ecosystem. The news? Pairing the X10 and X1 miners can deliver a staggering 10x boost in mining output, making it a game-changer for those chasing efficiency. Turner highlighted how this approach could massively increase mining rewards, sparking predictions of a 20,000x return on investment for BDAG in the long run.

What sets BlockDAG apart in the crowded crypto space is its commitment to user-friendly mining solutions. The X1 Miner mobile app simplifies the process, allowing users to mine up to 20 BDAG coins with minimal effort. Meanwhile, home miners using the X10, X30, and X100 machines can mine up to 2,000 BDAG coins daily, depending on the device. Each machine strikes a different balance between efficiency and reward, making BlockDAG’s offerings appealing to both beginners and seasoned miners alike.

As a leading Layer 1 crypto, BlockDAG is making waves in the presale market. The project has already moved more than 5 million ASIC miners, an impressive achievement that reflects the high demand for PoW mining. With more than $77.7 million raised during the presale, experts are predicting substantial returns and project the coin could be worth between $1 and $20. Currently, at batch 23, the project is offering coins for $0.0192 each, presenting an attractive price point for an advanced coin anticipated to succeed Kaspa & Bitcoin.

Final Thoughts

Helium (HNT) stands at the intersection of two rapidly growing sectors: connectivity and gambling. As for Ethereum, bullish on-chain signals suggest that the recent 2.6% dip could be short-lived, with forecasts pointing to a potential climb above $2,500, possibly reaching $2,600—a move that might ignite a fresh bull run.

Meanwhile, BlockDAG is steadily gaining traction, thanks to its innovative mining solutions and successful presale. The recent announcement from its CEO, revealing that pairing the X10 and X1 miners could deliver a 10x output boost, has sparked renewed interest from miners eager to maximize their gains. With BDAG’s price projected to hit $1 soon, early adopters are eyeing substantial returns. 

Join BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

The INX Digital Company, Inc. (Cboe CA: INXD, OTCQB: INXDF, INXATS: INX) (“INX”), a regulated marketplace for trading security tokens and tokenized real-world assets, has announced the launch of Aktionariat’s tokenized shares, DAKS, on the INX platform.

With this listing, a worldwide market may now access Aktionariat’s Ethereum-based DAKS shares, which were issued in accordance with Switzerland’s Distributed Ledger Technology (DLT) Act. This innovation considerably lowers the typical IPO expenses by giving pre-IPO firms an effective means to offer their tokenized shares.

Aktionariat AG was established in 2021 and provides cutting-edge tokenization solutions based on blockchain technology. With its help, more than 50 firms have been able to digitize their share and manage investor relationships, share registries, and options pools on the blockchain.

Aktionariat is a leader in the tokenization of private equity, managing ownership and facilitating liquidity for more than 70 enterprises with the use of blockchain technology. Aktionariat provides a broad range of solutions that let companies establish decentralized marketplaces and engage with global investors.

Aktionariat is aiming to establish a new standard for liquidity in the private equity market by launching the DAKS token on INX. The listing aims to transform the trading of digital securities by using INX’s sophisticated regulated platform, which offers self-custody, multi-chain support, on- and off-ramps for cryptocurrencies, and 24/7 trading.

Shy Datika, CEO of INX, added:

“We want all issuers of on-chain securities, not just in the USA, to understand that there is a venue for listing and trading these assets. A venue that offers the much-needed access to liquidity to rebalance portfolios, diversify, and manage risks. INX, licensed and regulated in the USA, is open for business to market participants globally.”

Aktionariat’s DAKS token, which was introduced in February 2021, is a digital representation of firm shares and is governed by the Distributed Ledger Technology (DLT) legislation in Switzerland. With a total market capitalization of CHF 400 million across its tokenized enterprises, Aktionariat’s platform has enabled over 30,000 users and over CHF 50 million in trading volume. Aktionariat is increasing access to a global marketplace for tokenized assets by collaborating with INX and listing on its platform. This will increase market accessibility and liquidity for issuers and investors globally.

Murat Ögat, Co-founder & CEO of Aktionariat AG stated:

“Our mission is to enable companies to leverage the power of blockchain-based equities. While we already enable issuers to create direct primary and secondary markets under their own control, listing our own tokenized equity shares increases the reach and liquidity of tokenized shares significantly. Having a smooth path to access INX’s trading platform will provide value to Aktionariat and its investors, while also strengthening the usefulness of our offering for other issuers on our tokenization platform.”

INX offers regulated cryptocurrency and digital securities trading platforms. By fusing a revolutionary fintech strategy with conventional markets expertise, INX provides cutting edge solutions for contemporary financial problems. The firm is run by a committed team of former executives from the business, finance, and technology sectors who are all committed to using blockchain technology and a strict regulatory approach to redefine capital markets.

Meta’s stock price today surged roughly 1% to $572.44, coinciding with the development.

In 2025, Meta’s newest Mixed Reality device, the Quest 3S, will be mass-produced in Vietnam.

With its latest investment in Vietnam, Mark Zuckerberg’s Meta has made news all over the world once again. In addition to increasing manufacturing of its newest mixed reality headsets in 2025, the tech giant said on Tuesday that it would invest in AI innovation in the Asian nation. Even the firm’s stock price gained about 1% lately, indicating that this news has quickly attracted major attention.

Meta Platforms is reportedly investing in Vietnam with an eye on artificial intelligence (AI) innovation and its newest mixed reality headsets (2025), as reported by official Reuters on October 1. Just one week after his meeting with the president of Vietnam in New York, the firm’s president for global affairs, Nick Clegg, made the statement during his visit to the nation.

Strategic Boost

In 2025, Meta’s newest Mixed Reality device, the Quest 3S, will be mass-produced in Vietnam, according to Nick Clegg. Meta, on the other hand, has been mum about the details of the investment’s magnitude. And the scope of its activities in the nation so far. In addition, Nick said that millions of small companies and consumers in Vietnam depend on the platform. Thus, making Vietnam a crucial participant for the firm.

In addition to beginning testing of “business AI for Messenger” in June, the company also said that it will investigate the possibility of testing its platform in Vietnamese. Moreover, in sum, the company is making tremendous progress by increasing the scope of its offerings in Vietnam. Curiously, Meta’s stock price today surged roughly 1% to $572.44, coinciding with development ambitions in Vietnam.

Highlighted Crypto News Today:

USDC Stablecoin Expands into Australia and Asia-Pacific Markets

After the announcement, the price of Bitcoin dropped below $63,000. 

The US economy shrank in September for the sixth consecutive month.

The US economy shrank last month, according to the most recent US PMI data from S&P Global, which caused a decline in the price of bitcoin today. The data indicates that the US manufacturing PMI was about 47, a little lower than the number from the prior month. Notably, traders seem to be sitting on the sidelines before this week’s key economic announcements, as BTC was already seeing unstable trading.

S&P Global’s most recent US Purchasing Managers’ Index (PMI) data, which tracks the manufacturing and services sectors, showed a decrease to 47.3 in September from 47.9 the previous month. Notably, any value over 50 indicates a growth in the private sector while any reading below 50 denotes a shrinking economy.

Investors Looking for More Clarity 

Notably, since June 2023, this is the biggest decline in new orders. Additionally, the statistics indicated that by the conclusion of the third quarter of 2024, the US manufacturing sector had further dipped into the contraction zone.

The recent drop in Bitcoin and other popular cryptocurrencies suggests that traders’ sentiment seems to have been affected by this contraction data as well. In the wake of the report, almost every cryptocurrency in the top tier, measured by market capitalization, has seen a decrease.

After the announcement, the price of Bitcoin dropped below $63,000. However, there has also been a noticeable fall in the value of other popular cryptocurrencies, including ETH. The US economy shrank in September for the sixth consecutive month, according to the most recent ISM manufacturing PMI statistics.

Investors are now looking for more clarity over this week’s scheduled market events. Investors will be eagerly monitoring the US nonfarm payroll and unemployment figures, for example, which are slated for later this week.

Highlighted Crypto News Today:

USDC Stablecoin Expands into Australia and Asia-Pacific Markets

Grand Cayman, Cayman Islands, October 1st, 2024, Chainwire

The Move-based protocol becomes the 8th largest blockchain by Total Value Locked, amid USDC integration and thriving developer ecosystem

Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, has crossed the $1B mark in Total Value Locked (TVL), based on publicly available data from DeFiLlama. Leveraging the network’s public goods, like its innovative central limit order book, DeepBook, Sui’s TVL has grown over 2700% over the past twelve months.

Data from DefLlama shows the rapid advance of Sui’s DeFi TVL

The leading Layer-1 blockchain that was created by the team that led Meta’s Diem crypto project is now the 8th largest chain as measured by TVL, after locking more value in its ecosystem than established protocols such as Polygon, and Optimism. This latest achievement signals a burgeoning demand that is strengthening the entire Sui DeFi ecosystem including leading lending protocols on the network, NAVI, Suilend and Scallop Lend and decentralized exchanges, Cetus and Aftermath.

With over $400 million in stablecoins and a top 10 ranking in weekly DEX trading volume, Sui recently announced with Circle that it joined an exclusive shortlist of non-EVM chains to natively support the USDC stablecoin and its Cross-Chain Transfer Protocol (CCTP) on the network.

“Sui is the fastest-growing DeFi ecosystem and it’s thriving!” said Adeniyi Abiodun, Co-Founder and Chief Product Officer of Mysten Labs, which developed the Sui Network. “In the past year, Sui has attracted an influx of builders whom Sui has enabled to create applications that they simply can’t build on any other blockchain.”

Since its mainnet launch, Sui has been rapidly growing its presence in a number of areas. As a secure and scalable platform for building the future of intelligent assets, Sui has already become a premier destination for application builders in gaming, DeFi, memecoins, as well as real-world applications such as 3D printing and tokenized securities. In September, Mysten Labs unveiled its SuiPlay0X1 handheld gaming device, which sets a new standard in both the Web3 and traditional gaming industries by enabling users to own their own assets natively on Sui and access exclusive in-game rewards.

Contact

Sui Foundationmedia@sui.io

The world’s first blockchain MMORTS game, League of Kingdoms, has announced the launch of Arena-Z, a brand-new blockchain chain and gaming platform tailored specifically for Web3 gaming. AZ Chain is a Layer 2 solution created in partnership with Optimism and built on the Superchain to improve scalability and gaming performance.

As a part of the Superchain collective, AZ Chain guarantees complete EVM compatibility while providing fast transaction speeds, short block times, and low fees. This infrastructure facilitates a smooth user experience and fosters an expanding developer and players community. With this platform, the blockchain gaming community will have more earnings opportunities and a future free of gas.

In order to provide a solid basis for Arena-Z’s Web3 gaming activities, League of Kingdoms will also be migrated to the AZ Chain. This move will capitalize on the game’s four years of sustainable operation, millions of players, and multi-million NFT transactions. In order to expand the selection of digital assets accessible to players, League of Kingdoms’ well-liked NFT collections are being transitioned from Polygon to AZ Chain as part of this shift.

Arena-Z provides development tools including SDKs and APIs, community building, marketing assistance, and grants in addition to incubating and assisting new Web3 gaming studios. This initiative is a component of a larger endeavor to promote development and innovation in the blockchain gaming industry.

With its Plug & Play Web 2.5 SDK and marketplace SDK, which simplify the integration and introduction of unique gaming NFT marketplaces for developers, Arena-Z is a leader in technological innovation. For mainstream gamers, the platform’s native payment gateway, on/off ramps, and Web 2.5 game portals streamline the onboarding process. Arena-Z ensures quick performance with their AZ Chain, attaining 2-second block timings, 293 transactions per second capacity, and less than $0.01 in transaction fees.

Spheron, a decentralized platform leveraging compute resources, has announced the launch of Fizz Nodes, which allow users to participate in the Spheron network and gain rewards by offering computational resources to deploy AI workloads on the edge, without the stringent reliability demands of traditional provider nodes.

By delivering GPU and CPU resources and maintaining a more flexible uptime standard, Fizz Nodes make it easier for anyone to join in the decentralized network by supplying computing resources for AI workloads. Rewards are given to users’ Fizz Nodes according on their uptime and resource contributions. Potential earnings vary according on demand and how resources are used; direct rewards and IDLE rewards provide several ways to make money.

Spheron Points are used for liveness rewards, which are determined daily depending on the caliber of the resources offered. To be eligible for rewards, an ERA (24-hour period) must have at least 50% uptime. Operators may also make money directly from users who lease their computational capabilities; once network costs are subtracted, the node operators get the majority of the leasing fees.

Prashant Maurya, Co-founder of Spheron stated:

“Introducing Fizz Nodes means there is a more streamlined approach available to users to participate in our platform, providing valuable compute resources while meeting a lower standard of uptime compared to traditional provider nodes. We believe this new offering will enhance the scalability and efficiency of our network, while empowering a broader range of contributors to benefit from our ecosystem.”

With the Fizz Node Leaderboard, which Spheron has introduced as part of its new offering, operators can now simply manage nodes. In addition to seeing and withdrawing revenue from liveness rewards and direct user leases, users may also modify their node’s settings and resource offerings. They can also keep an eye on their node’s uptime and performance.

Fizz Nodes are now compatible with Linux and MacOS; Windows compatibility is anticipated soon. The node must be registered on the Spheron network and configured using an easy-to-follow tutorial as part of the setup procedure. The Leaderboard will subsequently be used by operators to monitor the activity and earnings of their node.

Go here for more information on joining the Spheron network and configuring a Fizz Node.

The crypto industry lost over $120 million to hacks in September.

BingX suffered the most significant loss of around $44 million.

In September 2024, the cryptocurrency industry faced significant security breaches, resulting in losses exceeding $120 million. Various attacks targeted centralized exchanges and DeFi platforms, raising alarms about security measures in the industry.

PeckShield, a blockchain security company, reported that multiple exchanges suffered during this wave of hacks. Notably, the BingX exchange experienced the most severe attack, losing approximately $44 million. This incident highlighted vulnerabilities within centralized exchanges and raised concerns among users about their asset security.

#PeckShieldAlert September 2024 saw 20+ hacks in the crypto space, leading to ~$120.23 million in losses. (Note: The $32.4 million worth of $spWETH drained in a Permit signature #phishing is not included)#Top 10 Hacks in September 2024:#BingX: $44 million#Penpie: $27 million… pic.twitter.com/t2YuvIds6u

— PeckShieldAlert (@PeckShieldAlert) October 1, 2024

Furthermore, other exchanges reported substantial losses. Major platforms collectively lost millions due to hacks, showcasing the industry’s growing risks. As these incidents unfolded, it became clear that security protocols needed urgent enhancement to protect user assets.

Crypto Hacks Strike DeFi Sector

In addition to exchange breaches, decentralized finance (DeFi) platforms also faced significant threats. Many users turned to DeFi for more secure options, but even these platforms experienced breaches. Reports indicated that DeFi hacks contributed significantly to the total losses, revealing a widespread issue affecting various sectors within the industry.

The rise in hacking incidents has prompted discussions within the industry about the need for better security measures. Experts emphasize that exchanges must implement advanced technologies, such as multi-signature wallets and enhanced user verification processes. Additionally, regular audits can help identify vulnerabilities before they are exploited.

As the crypto market evolves, so do the tactics employed by hackers. Industry stakeholders must remain vigilant and proactive in their approach to security. They must prioritize the safety of user assets to maintain trust in the ecosystem. The collective response to these attacks will be crucial in shaping the future of cryptocurrency security. The $120 million loss in September underscores the urgent need for enhanced security measures. Stakeholders must collaborate to protect assets and bolster user confidence.Highlighted Crypto News TodayFTX Secures Strong Creditor Support Ahead of Crucial Hearing

Circle is expanding its USDC stablecoin operations into Australia and the Asia-Pacific region.

Venture capitalist Mark Carnegie’s MHC Digital Group facilitates the USDC expansion.

Circle, the issuer of leading stablecoin USDC, has announced its expansion into Australia and the Asia-Pacific region, marking an important step in its global strategy. This move comes through a partnership with venture capitalist Mark Carnegie’s MHC Digital Group. Further, they aim to boost the utility of USDC by tapping into the strong financial infrastructure of Australia and Singapore.

The Expansion Announcement (Source: MHC Digital Group)

Circle’s USDC is the second-largest stablecoin after Tether (USDT), and currently, it holds a market cap of $35 billion and a daily trading volume of approx. $6.25 billion, as per CMC data. 

MHC Digital Group, known for its strong presence in Australia and Singapore, will assist USDC in entering wholesale markets. This partnership aims to significantly lower transaction costs and simplify cross-border payments for institutions. Together, they offer a promising alternative to traditional banking methods, bringing more efficient crypto solutions to the forefront.

Circle Expands USDC Access in New Markets

Earlier in September, Circle expanded access to the USDC stablecoin for investors in Mexico and Brazil through traditional banking channels, moving beyond just crypto exchanges. It also made history by becoming the first global stablecoin issuer licensed to offer dollar- and euro-pegged crypto tokens in the European Union.

In a related development, Sui, a Layer 1 blockchain known for its exceptional performance and scalability, has announced the upcoming launches of USDC and the Cross-Chain Transfer Protocol (CCTP) on its network. This new protocol is created to make USDC transfers between different blockchains secure and efficient, ensuring smoother transactions for users.

Highlighted Crypto News Today

EigenLayer Receives Attention from Whales Post Binance Listing

EigenLayer’s EIGEN token has drawn much attention from the cryptocurrency community. 

The token made its debut to the market with an FDV of $7.16 billion.

Uptober remains the talk of the day in the cryptocurrency sector as investors anticipate the historical bull run to occur this year as well. Meanwhile, several firms such as Ripple and Robinhood have announced expansions to new national sectors. Notably, the EigenLayer token was listed on Binance in the early hours of October 1. 

Prominent blockchain protocol EigenLayer has finally launched the much anticipated EIGEN on Monday. As aforementioned, the token was listed on the largest crypto exchange Binance along with other exchanges. Shortly after this, several significant community members sought to buy the token thus assuring it into the spotlight. 

Within the first few hours of trading, EIGEN garnered whales’ attention. According to LookonChain reports, the two whales bought 702,324 tokens worth $2.86 million over the past 6 hours. The whale addresses identified as “0x2dcd” and “0xb112” spent 588 ETH and 1.31 million USDC respectively to buy the tokens. 

Furthermore, prominent crypto trader GCR claimed 253,946 tokens of EigenLayer’s EIGEN airdrop. The tokens worth $1.06 million were obtained through 7 wallets and then deposited in Binance. Additionally, Tron Network founder Justin Sun is believed to have acquired 5.37 million EIGEN tokens. 

EigenLayer’s EIGEN Token Unlock & Price Overview

Eigenlayer has unlocked its EIGEN token with a fully diluted value of $7.16 billion. The blockchain re-staking protocol plans to alter faults encountered within the blockchain which they state holds special features including universality, metering, and compensation. 

The EIGEN token began trading at an initial price of $4.293. Following this, the token rose to a high of $4.304 before sliding downwards. At the time of writing, EIGEN was trading at $3.83 as per CMC data. 

Additionally, EigenLayer distributed 86 million Eigen tokens to Stakeholders on September 17. Moreover, in June the protocol also introduced security measures to prevent attacks. 

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Vitalik Buterin defends Polymarket’s role in providing accurate conflict information.

Betting on conflicts raises ethical concerns about trivializing serious events.

Ethereum co-founder Vitalik Buterin has stepped in to defend Polymarket, a decentralized prediction market, following criticism over its betting options related to the ongoing conflict in the Middle East, particularly concerning Hezbollah. The platform features bets on significant events, such as potential Israeli military actions and ceasefires, which some critics argue trivialize serious conflicts.

In response to a post on X (formerly Twitter) by a concerned user who described the Hezbollah betting section as making war akin to a “football game,” Buterin asserted that Polymarket serves a crucial informational role. He stated that amid rampant misinformation, it is beneficial for users to see predictions from those with “actual skin in the game.” “Being able to gauge probabilities—whether a situation has a 2% chance or a 50% chance—is a valuable feature that can help keep people sane,” he noted.

Moreover, Buterin emphasised that the platform is not intended for profiting from tragic events but aims to foster an environment where speech carries weight and consequences. He argued that this approach helps combat unjustified fearmongering and complacency, while allowing users to access more nuanced perspectives on unfolding situations.

I support these existing. The point of polymarket is that from the perspective of traders it's a betting site, but from the perspective of viewers it's a news site. There's all kinds of people (incl elites) on twitter and the internet making harmful and inaccurate predictions…

— vitalik.eth (@VitalikButerin) October 1, 2024

Buterin Vs Polymarket

Buterin clarified his opposition to prediction markets that could incentivize illegal activities, such as assassination predictions, arguing that such markets must not serve as primary motivations for harmful actions. He proposed that Polymarket should consider implementing size-based soft caps to mitigate potential risks.

Polymarket, which has gained traction, particularly during the U.S. election season, recently raised $70 million in funding, with participation from Buterin and notable investors like Peter Thiel’s Founders Fund. The platform is reportedly exploring further fundraising and plans to launch its own token, anticipated to enhance user engagement and market liquidity.

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EigenLayer Receives Attention from Whales Post Binance Listing