Binance Square
LIVE
CryptoTyz
@Maulizar_Revai
Following
Followers
Liked
Shared
All Content
LIVE
--
...
...
LIVE
Chainwire
--
MANTRA Brings Real-World Assets Onchain With Mainnet Launch (18 Sep)
United Arab Emirates, Dubai, September 18th, 2024, Chainwire

MANTRA, a purpose-built layer 1 blockchain for tokenized real-world assets (RWAs) has announced it will launch its highly anticipated Mainnet in October 2024. This milestone event marks a significant step in bringing traditional finance onchain and provides a new home for MANTRA's native token, $OM.

MANTRA Chain will provide a comprehensive and customizable suite of tools allowing developers to tailor solutions based on their specific needs. This suite not only simplifies the process of bringing real-world assets onchain, but also ensures the solutions remain compliant with regulatory requirements. 

As part of MANTRA’s vision to become the preferred ledger of record for real-world assets, the MANTRA Chain Mainnet will include key features such as:

Verifiable network security and stability, mitigating counterparty risk 

A trusted platform to deploy institutional capital onchain

A foundation for a globally accessible asset class, unlocking the multi-trillion dollar real-world asset economy

"The launch of our Mainnet marks the culmination of years of work to bring finance onchain. We are thrilled to be at the forefront of bridging the gap between traditional and decentralized finance,” said John Patrick Mullin, CEO of MANTRA. “By providing  on-ramps for tokens and stablecoins with world class stability and reliability, we believe MANTRA Chain will be the leading global destination for businesses and industries to access onchain financing and asset tokenization."

MANTRA Chain’s launch represents a significant milestone in the integration of traditional finance with blockchain technology. MANTRA Chain will bring more RWA partnerships to the forefront, adding to recent announcements like MANTRA’s partnership with UAE real estate giant MAG to tokenize US$500 million of real estate.

For more information about MANTRA, the mainnet launch and the company’s ambitions for the RWA ecosystem, visit mantrachain.io.

###

About MANTRA:

MANTRA is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.

Website | Twitter | LinkedIn | Discord 

Disclaimer. This is a paid press release.
.
.
LIVE
Flux Bro
--
I bet you no one tell you like this :Crypto Market RSI Heatmap Breakdown
Date: 13-09-2024

As we dive into this Crypto Market RSI Heatmap, it provides us with an invaluable snapshot of the relative strength of various cryptocurrencies over the last 24 hours. This visualization categorizes each asset based on its Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements. The RSI scale ranges from 0 to 100, where values:
Above 70 indicate an asset is overbought (potentially primed for a pullback or consolidation).Below 30 suggest the asset is oversold (could be due for a bounce or recovery).Between 30-70 signifies neutral territory but can indicate weakening or strengthening trends depending on the asset’s position within that range.
The overall Average RSI of the market currently stands at 50.68, suggesting the market is largely in a neutral phase. However, many individual assets display significant RSI deviations, and these anomalies present key opportunities and risks for traders and investors alike.
1. Overview of the Current Market Sentiment:
Neutral Territory Dominates:
The heatmap's clustering around the neutral zone (RSI 50) reflects a market in balance, with no strong indication of widespread bullish or bearish behavior. However, this balanced state also means the market is potentially waiting for a breakout in either direction.
Key Zones:
Strong/Overbought Zone (>70 RSI): Several cryptocurrencies are sitting dangerously in this zone, indicating they might be ripe for a correction. These include major assets like COTI, REEF, FET, and BNX, with REEF and COTI showing strong RSI values.Oversold/Weak Zone (<30 RSI): A small subset of assets like MKR, ENA, and a few others find themselves in the oversold territory. These assets could be undervalued, making them candidates for a potential bounce-back.
2. Overbought Cryptocurrencies (Above 70 RSI): Potential Correction Ahead
REEF (RSI ~77):
Analysis: With an RSI nearing 80, REEF is in overbought territory, suggesting that it could be experiencing a peak in buying momentum. Historically, RSI readings this high indicate that the price may soon face a correction or at least consolidate before resuming its trend. Traders should watch for a potential pullback or profit-taking behavior around these levels.Actionable Insight: Set up stop-losses for long positions and be prepared for a dip. Alternatively, contrarian traders might look for shorting opportunities in case the asset begins to cool off.
COTI (RSI ~76):
Analysis: Similar to REEF, COTI is signaling strong upward momentum but may be overextended. The asset could see increased volatility as it hits resistance levels due to its high RSI. If momentum continues, we could see further upward movement, but caution is advised.Actionable Insight: If you're holding long positions, it may be wise to lock in profits or tighten stop-losses. For short-term traders, this could be an excellent time to observe for signs of weakness.
FET and SUI (RSI ~74 and 72 respectively):
Analysis: These assets are also reaching into the overbought zone and could be set for a minor correction. FET, in particular, has shown strong momentum recently but could start cooling off soon.Actionable Insight: As with the other overbought assets, watch for weakness and a potential pullback, especially if volume begins to taper off. A retracement toward the RSI 50 level might offer a better entry point.
3. Oversold Cryptocurrencies (Below 30 RSI): Buying Opportunity or Bearish Signal?
MKR (RSI ~25):
Analysis: MKR has dipped into oversold territory, which could indicate that selling has been overdone, and the asset is primed for a rebound. This RSI suggests that buyers could be waiting in the wings to scoop up the asset at a discount.Actionable Insight: For swing traders and value investors, this might be a good time to consider taking positions in MKR, especially if other indicators (volume, MACD) support a potential reversal.
ENA (RSI ~27):
Analysis: With a similarly low RSI, ENA presents a potential buying opportunity. However, low RSI levels can sometimes indicate continued weakness, so it’s essential to wait for confirmation before jumping in.Actionable Insight: Patience is key here. Look for a potential double-bottom or confirmation of an uptrend before taking any decisive action.
4. Neutral Cryptocurrencies (40-60 RSI): Treading Water or Prepping for a Move?
Many major assets such as ETH, BTC, LTC, and SOL are sitting comfortably within the neutral range, indicating they are neither overbought nor oversold. This suggests that they could be preparing for a big move in either direction.
ETH (RSI ~45):
Analysis: Ethereum (ETH) is sitting in a neutral RSI range of around 45, suggesting a balanced market sentiment. ETH could swing either way, with the next price action depending on broader market factors.Actionable Insight: ETH is a wait-and-watch asset at the moment. Traders should keep an eye on breaking news and major events, as these will likely be catalysts for the next move.
BTC (RSI ~46):
Analysis: Bitcoin mirrors the market's neutral sentiment, hovering around 46 RSI. As the leading asset in the crypto space, Bitcoin’s movement often dictates broader market trends.Actionable Insight: Watch for a decisive breakout or breakdown in price that could signal the next major trend for the entire market.
5. Potential Breakout Assets in Strong Territory (60-70 RSI)
LUNA2 (RSI ~68):
Analysis: LUNA2 is approaching strong RSI levels, hovering just below overbought territory. A continued increase in RSI could push it over the 70 level, signaling a potential pullback. However, the upward momentum suggests LUNA2 could still have room to run before correcting.Actionable Insight: Momentum traders may find opportunities here, but they should monitor the RSI closely. A decisive break into overbought territory could trigger profit-taking and consolidation.
SUSHI (RSI ~65):
Analysis: SUSHI is approaching strong territory and is positioned for a potential breakout if bullish sentiment continues. Traders should watch for key resistance levels, as RSI indicates strong buying pressure.Actionable Insight: Momentum traders may consider buying on a breakout but should be cautious of profit-taking as RSI climbs further.
6. Closing Thoughts:
The Crypto Market RSI Heatmap provides a broad overview of the market's current momentum. While many assets are in neutral territory, there are clear outliers at the extremes that present potential opportunities for both long and short positions. Understanding the RSI in context with other indicators (e.g., volume, moving averages, support/resistance levels) will be crucial for making informed decisions in the coming days.
Key Takeaways:
Overbought Assets: REEF, COTI, FET, and SUI could see a correction or at least consolidation soon.Oversold Assets: MKR and ENA may be poised for a rebound, but confirmation is needed before acting.Neutral Territory: Major players like BTC, ETH, and SOL are currently treading water, waiting for a major market catalyst to move in either direction.
With the average RSI sitting at 50.68, it suggests the market is in a holding pattern, potentially preparing for the next big move. Stay alert, as volatility could strike at any moment!

Further Readings :

1. The Bitcoin Rainbow Chart EXPOSED : What Your Favourite Analysts WON'T Tell You .
2.ALTSEASON Gold Rush: How to Find the Hidden Gems and Avoid the Scams
3.ALTSEASON ALERT: 7 Shocking Indicators That Will Reveal When the Next Altcoin Boom Will Hit
4.Bitcoin’s Next Big Move: Crash or New ATH? MACD and RSI Give Clear Signals
5.The Shocking Truth About BTC's Hidden Connection to Gold, Stocks, and Cryptos

Disclaimer: The content of this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and may lead to substantial financial loss. Always perform your own research and consult a qualified financial advisor before making any investment decisions. The opinions expressed are solely those of the author and do not represent the views of the publisher or its affiliates. Investing in cryptocurrencies involves inherent risks, and past performance is not a reliable indicator of future results. Please exercise caution.
wiwwww
wiwwww
LIVE
Crypto Simbha
--
🚀 "The Must-Watch Crypto Listings on #Binance in 2023"🚀 (Part-2) (Mid Cap #Altcoins)
🌐 These projects are set to revolutionize the blockchain landscape and offer incredible opportunities for investors. 🌐
🚀 Let's take a sneak peek at these Projects in this thread âŹ‡ïžđŸ§”
1ïžâƒŁ Worldcoin (WLD): Co-founded by OpenAI CEO Sam Altman, Worldcoin is a digital identification platform aiming to provide a verified digital identity for everyone. Using iris-scanning technology, Worldcoin ensures privacy and security by creating unique IDs stored on a decentralized blockchain. Along with a cryptocurrency token (WLD) and a crypto wallet app, Worldcoin is set to redefine identity verification in the AI era. #Worldcoin #DigitalIdentity #Blockchain
2ïžâƒŁ Pendle (PENDLE): Pendle is a DeFi protocol that allows users to trade future yields on their crypto holdings. Launched in 2021, it uses a novel AMM system for assets with time decay. Users can trade Principal Tokens (PT) and Yield Tokens (YT) separately, creating a dynamic market for yield speculation. Governance is driven by the native PENDLE token, making yield generation more efficient. #Pendle #DeFi #YieldFarming
3ïžâƒŁ Blur (BLUR): Blur is a decentralized NFT marketplace and aggregator tailored for professional traders. Offering advanced tools, real-time data, and batch transactions, Blur is the go-to platform for high-volume NFT trading. The BLUR token fuels governance and rewards, enhancing liquidity and incentivizing participation. #Blur #NFTMarketplace #CryptoTrading
4ïžâƒŁ Arkham (ARKM): Arkham is a blockchain intelligence platform that uses AI to deanonymize crypto transactions, enhancing transparency. Its “Intel Exchange” allows users to trade information about crypto addresses using the ARKM token. This platform aims to combat fraud and bring transparency to the crypto ecosystem. #Arkham #BlockchainIntelligence #Transparency
5ïžâƒŁ Jito Labs (JTO): Built on the Solana blockchain, Jito Labs is a liquidity staking protocol that captures Maximum Extractable Value (MEV) to enhance staking yields. Users stake SOL for JitoSOL tokens, earning staking and MEV rewards. Jito Labs improves Solana’s network performance while offering the best yield, with JTO as its governance token. #JitoLabs #Solana #Staking
6ïžâƒŁ Memecoin (MEME): Memecoin is a community-driven crypto project leveraging the power of internet memes. With a focus on fun and engagement, MEME allows users to trade, create, and share memes while earning rewards. The MEME token powers transactions, governance, and content creation within a vibrant ecosystem. #Memecoin #CryptoMeme #Community
7ïžâƒŁ Rocket Pool (RPL): Rocket Pool is a decentralized Ethereum staking protocol that allows users to stake ETH without running validator nodes. Users receive rETH tokens, representing staked ETH and rewards. Rocket Pool decentralizes Ethereum staking, enhancing security and liquidity, with RPL as its governance token. #RocketPool #EthereumStaking #DeFi
8ïžâƒŁ Space ID (ID): Space ID is a decentralized identity protocol for Web3, offering secure and user-controlled digital identities. It features identity verification, reputation management, and privacy-preserving credentials. The ID token powers governance and premium features within this self-sovereign identity ecosystem. #SpaceID #DigitalIdentity #Web3
9ïžâƒŁ Open Campus (EDU): Open Campus is a decentralized education platform democratizing access to quality education via blockchain. Offering online courses, certifications, and smart contract-driven transparency, Open Campus uses the EDU token for transactions, governance, and rewards. It aims to create an inclusive global education network. #OpenCampus #BlockchainEducation #Decentralization
Conclusion: From digital identity and education to staking and meme-based projects, these innovative platforms showcase the diversity and potential within the crypto and blockchain ecosystem. Each one is pushing the boundaries of what's possible, shaping the future of digital economies. #CryptoInnovation #BlockchainTechnology #Web3
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŸŠđŸ™đŸ»
#Worldcoin #Pendle #BLUR/USDT #ARKM #JITO $MEME

$ID

$EDU
.
.
LIVE
Hamid
--
PAVEL DUROV’S POSSIBLE RELEASE FROM CUSTODY 🚹

Pavel Durov - the founder of Telegram, might be released from French custody as early as tomorrow. Here’s a simple breakdown of what’s going on!

WHAT HAPPENED:

➣ Arrest - Durov was arrested on August 24 in France. He has been in preventive custody since then, which means he is held just to make sure he doesn’t interfere with the investigation

➣ Custody Limit - Under French law, he can only be held in preventive custody for up to 96 hours. This period ends tomorrow, August 28. If no new charges are filed, he could be released then

➣ Current Situation

No Charges Yet - Durov has not been formally charged with any crimes yet. The current detention is only a precaution while the investigation continues

➣ Investigation - The French authorities are still looking into the case. They are trying to decide if there is enough evidence to charge Durov or if he should be set free

➣ Accusations

Serious Claims - Durov is accused of 12 different crimes. These include serious charges like money laundering and helping with criminal activities. If these accusations are proven, he could face up to 20 years in prison

➣ Legal Issues - One major accusation is that Telegram did not cooperate with legal requests, especially in cases involving illegal content on the platform.

➣ Political Context

No Political Influence - French President Macron has made it clear that this case is not about politics. It is purely a legal matter handled by the French judicial system

➣ What to Watch For

Release Possibility - If no further charges are brought against Durov by the end of his detention period, he could be released tomorrow. However, the situation is still uncertain because the investigation is ongoing

I will keep an eye on this case and provide updates as more information becomes available. Stay tuned for further news đŸ€đŸ”„

#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #hamidarmy #Babylon_Mainnet_Launch
LIVE
--
Bullish
See original
$BTC Bullish will soon take place. Be careful who places short bets 🚀 ...
$BTC Bullish will soon take place. Be careful who places short bets 🚀 ...
LIVE
--
Bullish
$BTC L HOPE bitcoin $ 88.000... Uyeeeeeeeeeeeeee #btc
$BTC L HOPE bitcoin $ 88.000... Uyeeeeeeeeeeeeee

#btc
www
www
LIVE
CryptoNewsLand
--
How Algorand’s PPoS and AI Inference Are Revolutionizing Blockchain Technology
Algorand processes 10,000 transactions per second with instant finality, offering high security and efficiency.  

Charles Hoskinson sees merging Algorand with AI inference as enhancing the platform's capabilities and positioning it in decentralized AI.

Algorand’s partnerships include tokenizing real estate, dynamic inventory management for airlines, and supply chain traceability with Wholechain.

Algorand has emerged as a major participant in the blockchain sector, relying on its Pure Proof-of-Stake (PPoS) consensus process to maintain a safe and democratic network.

The unique method enables Algorand to retain a high level of security while swiftly processing transactions. The platform's ability to handle 10,000 transactions per second (TPS) with instant finality distinguishes it from several competitors.

AI and Blockchain Integration

Charles Hoskinson has emphasized the benefits of merging Algorand's technology with AI inference. The partnership could establish Algorand as a major decentralized AI powerhouse.

https://twitter.com/IOHK_Charles/status/1827100622392324446

AI inference, which entails using logical principles to evaluate and analyze new data, is critical for the creation of intelligent systems. By adapting Algorand's proof of work for AI inference, the platform's capabilities could be significantly enhanced.

Strategic Partnerships and Real-World Applications

Algorand's blockchain technology is being used in a variety of industries to increase efficiency and impact. Lofty, for example, uses Algorand to tokenize real estate, allowing for fractional ownership and wealth creation through property value growth and rental income.

TravelX is transforming the airline business by using Algorand to develop dynamic inventory management, which benefits both airlines and passengers.

Algorand's end-to-end traceability technology, provided by Wholechain, maintains data integrity across the supply chain. This feature is critical for industries that need verified and immutable data.

Advancements in Decentralized Finance 

Folks Finance, the dominant DeFi protocol on Algorand, has the largest total value locked (TVL) on the platform. The protocol is making tremendous progress because of robust integrations and effective partnerships.

Developer-Friendly Initiatives

Algorand's 2024 roadmap contains many changes targeted at recruiting developers and promoting ecosystem growth. The release of AlgoKit 2.0 is intended to simplify the creation of decentralized applications (dApps) and increase developer onboarding.

Algorand's technology advancements and strategic relationships have positioned it as a competitive participant in the blockchain market. The addition of AI inference, together with its strong PPoS consensus process, broadens its capabilities and possible applications. 

The post How Algorand’s PPoS and AI Inference Are Revolutionizing Blockchain Technology appeared first on Crypto News Land.
See original
wow
wow
LIVE
CryptoFrontNews
--
Avalanche, ZkSync, and Polygon Discords Compromised in Weekend Exploits Targeting Users
Avalanche's Discord was compromised, with harmful links shared, prompting a swift response to restore the platform's safety.

ZkSync’s Discord faced a similar attack, with hackers promoting a fraudulent airdrop, just one hour after the Avalanche breach.

Less than 48 hours before the Avalanche and ZkSync attacks, Polygon’s Discord was also exploited with malicious link schemes.

This past weekend, several blockchain platforms, including Avalanche and ZkSync, fell victim to coordinated Discord exploits. Users of these platforms were warned against interacting with links or accounts, as hackers took control of their official servers. This attack comes just days after Grayscale Investments launched its Grayscale Avalanche Trust.

https://twitter.com/avax/status/1827758804471288125

Avalanche Discord Compromised, Team Restores Services

On August 25, Avalanche reported that its Discord server had been compromised, with hackers sharing harmful links to fraudulent token distribution schemes. The breach prompted the Avalanche team to advise users not to click on any links until the issue was fully resolved. 

Ben Well, Avalanche’s community lead, noted that the team quickly identified and addressed the exploit. To ensure the safety of the platform, they removed suspicious channels and roles while working to restore the server to its normal operations.

Well assured the community, stating, “We found the issue and have it resolved.” He also acknowledged that the team was diligently working to return everything to normal, thanking users for their patience.

https://twitter.com/benwell06/status/1827771189105930507

ZkSync Hit Shortly After Avalanche Attack

Just one hour after Avalanche’s breach, ZkSync’s Discord was also compromised. Hackers once again shared malicious links, this time promoting a fraudulent “round 2 airdrop” that falsely promised free ZK tokens. While ZkSync has not issued an official statement on X, team members within the ZkSync Discord have noted the breach.

Source: HammerToesKnows

This attack on ZkSync highlights the increasing frequency of such incidents, with multiple platforms targeted over the same weekend. Notably, ZkSync and Avalanche’s incidents occurred less than 48 hours after a similar attack on Polygon.

Polygon Discord Targeted in Similar Manner

Polygon’s Discord faced a comparable attack prior to the Avalanche and ZkSync breaches. Hackers gained access and shared malicious links throughout the server, urging users to interact with fraudulent airdrop schemes. Polygon’s Chief Information Security Officer, Mudit Gupta, confirmed the attack and emphasized the importance of avoiding links until the platform resolved the issue.

The coordinated nature of these attacks has prompted swift responses from each project, ensuring users are aware of the risks and taking measures to safeguard their platforms.
m
m
LIVE
Hedera
--
Tokenize the future on #Hedera. #RWA

https://hedera.com/use-cases/real-world-asset-tokenization
.
.
LIVE
U.today
--
Former SEC Official Explains Why Kraken Actually Suffered Mammoth Loss
John Reed Stark, a former official in the U.S. Securities and Exchange Commission, described a recent ruling in the SEC v. Kraken case as a massive victory for the regulator.

As reported by U.Today, Judge William Orrick shot down Kraken's motion to dismiss the closely watched lawsuit earlier this week.

The SEC took Kraken to court last November, accusing the exchange of offering unregistered securities on its platform. The list of these alleged securities includes such prominent cryptocurrencies as Cardano (ADA) and Solana (SOL).

Marco Santori, chief legal officer at Kraken, attempted to spin the recent ruling as a "significant win" for the company, pointing to the fact that the judge rejected the poorly-worded "crypto asset security" term.

However, the judge also stated that the semantic error does not "obscure" the regulator's theory that Kraken is liable for trading unregistered securities on its platform.

card

The judge argues that the secondary sales of crypto assets on Kraken plausibly satisfy the Howey test.

As noted by Stark, the Ripple decision has very little value as a legal precedent for any U.S. Court.

"So, kudos Judge Orrick for ushering inn yet another meticulous and undeniable SEC crypto-victory, and kudos SEC for doing a solid Samuel L. Jackson," Stark jokingly said.

Kraken's top lawyer, however, believes that Kraken will emerge victorious from its fight with the U.S. Securities and Exchange Commission. "Today’s ruling confirms what we’ve been saying all along: the SEC cannot credibly regulate crypto by enforcement," Santori said.
See original
wow
wow
LIVE
Milo2520
--
It took me 2 years in the crypto market to realize these things and you only need 2 minutes to read: đŸ€
1. No matter the market condition, one thing remains the same: 8% of people will own 21 million Bitcoin.
2. Financial, capital, and risk management skills are 100x more important than technical analysis or crypto research.
3. Making money while you sleep: There are many ways to make money in the crypto market without actively trading.
On average,#Bitcoinhas increased over 100% annually for the past 15 years. However, why are so few people making money? Because getting rich quick is a common mindset. If you can't dedicate at least 4 hours a day to crypto, stick with Bitcoin and ETH: 70% in BTC and 30% in ETH.
Trust no one: Trust leads to hope, disappointment, and mistakes. Learn independently and take responsibility for your actions. This is how to gain experience in automatic minting!
The ultimate goal of investing: to make life more meaningful. If cryptocurrency investment can achieve this, do it. If not, reconsider.
Cryptocurrencies are now a financial market: originally born from technology, they are now influenced by macroeconomics and connected to major financial markets.
People may discourage you from buying Bitcoin, but remember, once something is widely accepted, the opportunity might disappear. Seize your chance now!
Invest wisely, make meaningful decisions, and let crypto pave the way to a better future.
#BecomeCreator
wow
wow
LIVE
The Buzzing Bee
--
🚹🚹🚹 You Have to Learn This Or You Won't Make It In Crypto‌
The cryptocurrency market is a place where people’ s lives can be changed in an instant if you choose the right project at the right time. We have all heard the stories of how lucky individuals have invested just a few hundred dollars, only to see it balloon into a fortune. 

“That could have been us. That should have been us!”

We all begin to have these same thoughts. Unknowingly to most, these are the types of ideas that will be the downfall for most people in Bitcoin and crypto. You won’t have true success in this market until you learn what I’m about to share with you today.

Arguably one of the most deadly mistakes you can make in this industry is trying to chase gains.

CLICK HERE AND VOTE FOR ME PLZ đŸ”„â€

The crypto market is full of people attempting to get rich as soon as possible, and this lack of patience will cause them to succumb to impulse decisions.

One such example is chasing after the crypto project that is currently the most hyped. People see these project's prices soaring while the coins that they already own are stagnant. Eventually missing out on these gains and the project that everyone is talking about will be too much for them to take. They finally give in and trade the coin they’ve been holding for ages for the new and shiny project.

A recent example of this was Solana toward the end of last year. No matter where you went on YouTube or X, Solana was all anyone was talking about.

Going further back to the last bull cycle; the hype was centered around Layer 1s and meme coins. Projects such as Solana, Luna, Avalanche, Shiba Inu, and Dogecoin were some of the most chased-after projects.

However, the age old problem in the investing world is that once the entire market has gone into a frenzy mode about a certain project. Declaring that it's the next big thing, and the price will only continue to go up in the future. That is exactly when we have reached the short-term top. 

Once you have become aware of the pump, you have already missed it.

This is a mistake that I learned the hard way during my early years in the cryptocurrency market. At the time it seemed like torture sitting on the sideline with coins in my portfolio that were moving at a turtle’s pace, while people were getting rich with other projects. Eventually, I succumbed to the peer pressure and converted significant portions of my portfolio into that project.

However, as I mentioned before. Once the entire market is aware of the pump, it has already ended. The price of the new project that I had bought immediately came to a halt, and would soon begin to drop with the weight of an elephant.

But what happened next was even more painful.

The rest of the market, including the project that I had just given away, came back with a vengeance. 
See original
$HBAR $HBAR immediately collect as many tokens as possible. this is a very good position to take high risk. but a whale has taken an important step. whales buy at the bottom to accumulate as much price as possible to liquidate retail... don't be careless. $HBAR immediately go high...#BlackRockRevolution#btc #hbar
$HBAR $HBAR
immediately collect as many tokens as possible. this is a very good position to take high risk.
but a whale has taken an important step. whales buy at the bottom to accumulate as much price as possible to liquidate retail... don't be careless. $HBAR immediately go high...#BlackRockRevolution#btc #hbar
See original
will BLACKROCK Continue to Fully Support $HBAR to be the leader in solutions... stay tuned for updates from the world's largest investment manager blackrock 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 #BlackRockRevolution #btc #hbar #Binance
will BLACKROCK Continue to Fully Support $HBAR to be the leader in solutions...
stay tuned for updates from the world's largest investment manager blackrock 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
#BlackRockRevolution #btc #hbar #Binance
See original
wow
wow
LIVE
U.today
--
Former Goldman Analyst Predicts Dogecoin (DOGE) Will Be Flipped by Another Meme Coin This Year
Former Goldman Sachs analyst Murad Mahmudov has predicted that Dogecoin, the leading meme cryptocurrency, will end up being flipped by another meme coin in 2024. 

"The biggest trick they played on you is to convince you that DOGE cannot be flipped," Mahmudov wrote in a social media post. 

The prediction has sparked discussions about meme coins that could potentially occupy Dogecoin's much-coveted throne. 

card

For now, DOGE remains the only meme cryptocurrency in the top 10. 

Has any meme coin toppled Dogecoin? 

As reported by U.Today, Shiba Inu (SHIB) managed to briefly surpass Dogecoin on the CoinGecko ranking website back in October 2021.

However, SHIB's massive rally proved to be short-lived, and Dogecoin maintains an impressive lead over its biggest rival ($15.3 billion and $8.3 billion, respectively). 

card

Other potential Dogecoin challengers include Pepe (PEPE) and dogwifhat (WIF). However, these cryptocurrencies are extremely far from catching up with the canine meme coin king.  

Not realistic? 

Some commentators have pointed out that the idea of any other meme cryptocurrency potentially surpassing Dogecoin is not realistic. The gap between the OG meme coin and some of its potential challenges is just too big. 

Of course, it should also be mentioned that Dogecoin is an inflationary cryptocurrency, which means that its total supply is virtually unlimited. The expansion of the Dogecoin supply, which currently stands around 3.5% per annum, is necessary for rewarding miners and keeping the network fees low. Moreover, this makes it possible for the leading cryptocurrency to actually function as a currency. 

Even though Dogecoin's monetary base is going to shrink with time, it still has an edge over non-inflationary meme coins. 
.
.
LIVE
Blottersboi
--
STAY SAFU: Avoid Common Types of P2P Fraud
Peer-to-peer (P2P) transactions are growing in popularity due to their convenience and ability to cut out the middleman. Whether you’re trading cryptocurrency, using an online marketplace, or a traditional platform, there are inherent risks involved in P2P transactions. Unfortunately, scammers often target individuals on P2P exchanges, looking to exploit vulnerabilities. Here are some of the most common P2P scams and how to avoid them so you don’t end up losing out.
1. Fake Payment Confirmation
wioooww
wioooww
LIVE
Heenashafqat
--
🚹📱Kamala Harris has reportedly distanced herself from Bitcoin and cryptocurrency in her 2024 presidential campaign. Initially, Harris had shown some interest in digital assets, possibly seeing them as a means to appeal to younger, tech-savvy voters. However, her campaign has since shifted focus, dropping any significant mention of Bitcoin or other cryptocurrencies.
This move may reflect broader concerns within the Democratic Party about the volatility and regulatory challenges associated with digital currencies. Harris's decision also aligns with increasing scrutiny from U.S. regulators, who are intensifying efforts to regulate the crypto market amidst concerns about fraud, money laundering, and environmental impact.
By stepping away from crypto, Harris may be seeking to align herself with more traditional economic policies and avoid potential controversies. This shift could impact her appeal among the growing number of Americans interested in decentralized finance and blockchain technology, but it might also help solidify her standing with more cautious voters.#BitcoinTherapist #bitcoinnewsupdate #kamlaharis
See original
wow
wow
LIVE
Cointelegraph
--
Bitcoin fund inflows offset largest SOL outflows on record: CoinShares
Amid several weeks of turbulent market activity, digital asset investment vehicles saw minor inflows of $30 million for the week of Aug. 17, 2024, according to CoinShares.

The United States led the charge, with $62 million in capital inflows for the week, countered by approximately $50 million in combined outflows from the Hong Kong, German, and Swiss markets.

Unsurprisingly, Bitcoin (BTC) investment products recorded the most significant inflows, attracting $42 million of capital during the week. Bitcoin shorting vehicles experienced $1 million in outflows, a sign that investors have confidence in the future price appreciation of the store-of-value digital asset.

Weekly flows into digital asset investment vehicles. Source: CoinShares

Ether (ETH) investment vehicles saw minimal inflows of $4.2 million for the week of Aug. 17, though the report explained these inflows were "masked" by $118 million in outflows from Grayscale's Ethereum Trust, which mostly offset the $104 million of inflows into newer Ethereum investment funds.

Solana (SOL) investment products were this week’s biggest loser, with roughly $39 million in outflows, the largest outflow on record. According to CoinShares, the heavy SOL outflows were primarily due to a slowdown in Solana’s meme market—a key driver of Solana's network revenue.

Related: Bitwise enters European market with acquisition of ETC Group

Institutional interest in digital asset investment vehicles remains high

Despite a $528 million outflow from digital asset investment funds and products during the week of Aug. 3, institutional interest in digital assets remains high, as evidenced by strong inflows into BlackRock's iShares Bitcoin Trust (IBIT) ETF and Fidelity's Wise Origin Bitcoin Fund (FBTC) of $20.3 million and $61.3 million, respectively.

This strong interest is also backed up by the behavior of investment advisers, who increased their exposure to Bitcoin exchange-traded funds during the second business quarter of 2024.

What's going on with Ethereum?

Since the launch of Ethereum ETFs in the United States, the price of Ether has dipped by 26%, accompanied by a supply increase of 60,555 ETH, defying expectations of a price increase following the introduction of the ETFs.

Aurelie Barthere, senior research analyst at Nansen, recently told Cointelegraph that this lack of interest in Ethereum among investors was mainly due to the fear, uncertainty, and doubt regarding the current macroeconomic outlook and a curtailed risk appetite among market participants.

Magazine: Ethereum price will lag for ‘months’ as Bitcoin surges: X Hall of Flame, Roman
wow
wow
LIVE
Mpost Media Group
--
Binance Unveils SYS/USDT Perpetual Contract With 1-50x Leverage On Binance Futures Platform
Cryptocurrency exchange Binance unveiled the upcoming launch of the SYSUSDT Perpetual Contract on Binance Futures, providing traders with up to 50x leverage. The contract is scheduled to go live at 12:30 UTC today.

The SYSUSDT is based on Syscoin (SYS) as the underlying asset and uses USDT for settlement. The tick size is set at 0.0001. At launch, the maximum funding rate for the contract will be +2.00% / -2.00%, with funding fees settled every 4 hours.

Additionally, the multi-assets mode will be available, enabling individuals to trade the SYSUSDT contract utilizing different margin assets, subject to the relevant adjustments.

Binance Futures represents a derivatives trading platform where traders have an option to speculate on the future price movements of cryptocurrencies through the purchasing and selling of futures contracts.

What Is Syscoin And SYS Token?

Syscoin is a Bitcoin Layer 2, which is merge-mined with Bitcoin and provides a modular Proof-of-Work (PoW) blockchain, integrating rollups with Bitcoin’s PoW network. It offers a data availability (DA) layer essential for rollups and Ethereum Virtual Machine (EVM) or AltVM layers to connect with Bitcoin securely and efficiently.

In its basis, Syscoin represents a layer combining two blockchains. It encompasses its native UTXO, which delivers DA as well as finality. Complementing the UTXO is an EVM, known as Network-Enhanced Virtual Machine (NEVM), that is merge-mined with the UTXO and utilizes its finality advantages.

SYS represents Syscoin’s native token. Its token economics follows Ethereum’s EIP-1559 proposal but does not implement a maximum supply cap. This token supply is determined by emissions and the deflationary burning of transaction fees.

As of the writing time, SYS is trading at $0.1489, reflecting a 34.13% increase over the past 24 hours, based on data from CoinMarketCap.

The post Binance Unveils SYS/USDT Perpetual Contract With 1-50x Leverage On Binance Futures Platform appeared first on Metaverse Post.
See original
wow
wow
LIVE
VIKAS JANGRA
--
These 2 Altcoin Gems Could Gain from DePin, RWA, and Al Trends

🌐 Analyst Kyren, known as noBScrypto on X (formerly Twitter), spotlights Hedera (HBAR) and Internet Computer (ICP) as undervalued assets in 2024. These cryptocurrencies intersect major Web3 narratives: DePin (Decentralized Physical Infrastructure Networks), AI, and RWA tokenization.

🚀 Hedera (HBAR) emphasizes scalability and security, ideal for decentralized internet infrastructure (DePin) and AI applications. Its technology supports fast transactions and tokenization of real-world assets, enhancing utility across various sectors.

đŸ’» Internet Computer (ICP) revolutionizes the internet with a decentralized protocol, fostering censorship-resistant web services and supporting AI capabilities. It enables smart contracts and asset tokenization, broadening its impact beyond traditional web hosting.

📈 Kyren advises diversifying into projects spanning these high-velocity narratives for optimal investment strategy. Each offers unique opportunities in the evolving blockchain landscape.

â„č Discover how these projects bridge innovation across multiple sectors, paving the way for decentralized future technologies. Stay informed and explore the potential of HBAR and ICP in your investment portfolio.

#RAW #Web3Wallet #HBARUSDT #ICP #AI
Explore the latest crypto news
âšĄïž Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

avatar
CryptoNewsLand
View More
Sitemap
Cookie Preferences
Platform T&Cs