1.Layer-1 The layer-1 sector, namely a collection of crypto assets included in the main network blockchain (layer-1) leads the capitalization value of US$ 1.8 trillion with the most dominance contributed by Bitcoin (BTC) and Ethereum (ETH), followed by Binance Coin ( BNB), Solana (SOL), and Cardano (ADA).
2.Stablecoins The sector in second place is Stablecoins. Stablecoins in this category only count stablecoins pegged to the US Dollar. This sector contributed capitalization of US$143.3 billion.
The top three crypto assets in this sector are Tether (USDT), USD Circle (USDC), and Dai (DAI). Tether dominates this sector with a dominance rate of 71.38% of all USD stablecoins.
3. DEFI The DeFi sector is a collection of crypto assets that are included in the utility and governance tokens of a DeFi project. This sector contributed capitalization of US$100.6 billion, the third largest after layer-1 and stablecoins.
The top three crypto assets in this sector are Lido staked Ether (stETH), Chainlink (LINK), and Uniswap (UNI). Lido staked Ether (stETH) is the most popular liquid staking token (LST) among other Ethereum LSTs, with a dominance of 71.5%.
MicroStrategy Acquires Thousands of Bitcoins Again, Here's the Total Amount in Its Latest Purchase
On Monday (25/9/2023), MicroStrategy announced the purchase of 5,445 Bitcoin units worth US$147.3 million. The company made purchases at an average price of around US$ 27,053 per token. This purchase was made in the period between August 1, 2023 to September 24, 2023, as reported by MicroStrategy Co-Founder, Michael Saylor on Twitter.
More Profitable Bitcoin Conversion for holders
Apart from the purchase made by Michael Saylor, there is some debate regarding the conversion of Bitcoin to US dollars and rupiah. According to Suara.com, there are several considerations you need to think about when choosing whether to convert Bitcoin between these two currencies. Here are some things to pay attention to:
Current Bitcoin Price
First of all, it is important to monitor the current price of Bitcoin. If Bitcoin prices are high, then converting to IDR may be more profitable because you will get more rupiah for each Bitcoin converted.
Exchange Rate Fluctuations
Bitcoin exchange rates against IDR and USD can fluctuate rapidly. If you convert Bitcoin to IDR and then the rupiah exchange rate weakens against USD, you may feel disadvantaged. Therefore, it is necessary to consider the stability of the currency you choose.
Conversion Costs
Always consider the fees charged by the platform or exchange service when converting Bitcoin. These fees can vary between services, and lower fees can increase your profits.
Purpose of Money Exchange
What do you want to achieve with the Bitcoin conversion proceeds? If you need to use money in local currency (IDR) for local transactions, then converting to IDR may be more practical and make daily transactions easier. However, if you are planning international investments or transactions, then USD may be more useful as it is more widely accepted on a global level.
Can These Two Cryptos Outperform Ethereum During the Next Bull Run?
In this article, we will explore the unique offerings of these two tokens and analyze which is the best cryptocurrency to invest in in 2023.
Ethereum (ETH) Price Analysis, Can It Be Reliable This Year?
Ethereum (ETH) has seen its price decline recently, dropping by 2,043 percent in four days, falling from US$ 1,622 on September 17 to US$ 1,589 on September 21.
A number of pessimistic analysts are warning that Ethereum's decline below the critical support level of US$ 1,600 may be a sign of the start of a long downward trend in the near future.
An anonymous large Ethereum holder had moved a large amount of 30,000 ETH tokens, worth around US$ 50 million from September 18 to September 21 to various crypto exchanges. This activity has raised concerns about increased selling pressure on Ethereum.
Solana (SOL) Price Outlook: Heading for a New Top or a Sharp Drop?
The price of Solana (SOL) has experienced a recent price increase, rising by 4.40 percent in seven days, from US$ 18.84 on September 14 to US$ 19.67 on September 21. Its impressive market capitalization ranking, which ranked Solana at 10th with a value of US$ 8.1 billion as of September 21, has contributed to its positive momentum.
Optimistic Solana supporters anticipate that the token will maintain its upward trend and reach levels above US$ 23 in the next two weeks. Visa's announcement of its partnership with Solana on September 5 was a game-changing development and cemented SOL's status as one of the best altcoins for investment consideration.
Meanwhile, Solana's pessimistic predictions show a potential decline below the US$ 17 level in early October. This pessimism has to do with the imminent liquidation of FTX's large, FTX-linked SOL holdings.
Shiba Inu Calcium Token Rises 232 Percent, Beware of the Drop!
Responding to increasing concerns in the Shiba Inu community, the meme token development team provided an important announcement and warning regarding the presence of the Calcium token.
The latest development shows that there are allegations from community members who still haven't heard the news were accidentally involved in trading Calcium tokens, and suffered losses.
This saga began when the Shiba Inu development team posted a blog on September 16. The post explains the complexities involved in formulating the ShibaSwap Bone (BONE) contract, the governance token of the ShibaSwap DEX and the gas token of Shibarium.
One of the development team named Kaal Dhairya also provided an important note, namely the Calcium token which he plans to use in the marketing and formulation process. However, Calcium is just a fake token with no real liquidity. Calcium experiences a price spike, how come?
The Calcium (CAL) token, which was previously unknown on the market, suddenly experienced a surge of up to 7,400 percent after being abandoned by the Shiba Inu developer. The reason is, traders who are dissatisfied with the unfulfilled promises by the SHIB team have turned this “dummy” token into a serious project, where it pumps up the price and creates real demand.
This has pushed the price of CAL to US$ 0.03247 at the time of writing, which is a jump of more than 232 percent over time. Data from Etherscan.io also reveals that there are now nearly 4,200 unique wallet addresses holding Calcium.
However, these efforts actually sparked more interest in Calcium. In fact, this attention has resulted in the#CalciumArmyhashtag becoming popular on Twitter, with hundreds of users supporting CAL and sharing the belief that the token could “moon.”
Experts Recommend the Best Crypto Assets for Investment Ahead of the 2024 Bitcoin Halving
Experts recommend that investors prioritize focusing on Bitcoin, and then on to popular altcoins such as Ethereum (ETH) and XRP after the Bitcoin halving.
Tokens from crypto projects that offer layer-2 solutions, which are able to cut costs and speed up the transaction process are also recommended.
The inherent cyclical nature of the crypto market provides investors with the opportunity to plan their income. Many consider the Bitcoin (BTC) halving phenomenon to be the main driver that triggered price growth in the crypto industry. Meanwhile, the next halving agenda is expected to take place in the spring of 2024.
"Before continuing, you should first follow our YouTube channel "@ideuang" so that we can continue to be enthusiastic about sharing information, keyword "@ideuang" in your YouTube application search.
The money idea team has discussed with experts to find out which crypto assets have the potential to help investors make money from the current Bitcoin halving agenda.
In this regard, StormGain crypto exchange expert Dmitry Noskov shared his views with us. According to Noskov, investors first need to buy Bitcoin. Next, among the various altcoins that exist today, Noskov highlights XRP. According to him, positive news surrounding the resolution of the conflict between Ripple and the US Securities and Exchange Commission (SEC) could set a good trajectory for its price growth.
100 Dollar Capital Becomes 9 Million Dollars Because of SHIB, How Is That Possible?
In the cryptocurrency landscape, few assets have captured the imagination of investors like Shiba Inu, where even a capital of US$100 could become US$9 million thanks to SHIB. How come?
Watcher Guru, in a recent article, highlighted that SHIB has proven its capabilities by turning an investment with capital of US$100 in January 2021 into an impressive US$9.42 million today.
"With very humble beginnings just three years ago, SHIB has succeeded in rewriting the rules of crypto investment," explained the crypto media.
Back on January 1, 2021, SHIB was a nearly worthless token, trading for US$0.00000000077295, with ten zeros before the decimal point.
"However, if we look at today, the numbers are truly impressive. SHIB has surged by 9,427,418 percent, trading at US$0.000007287."
This means that early investors who dared to stake SHIB at the start of 2021 have seen their US$100 investment turn into an incredible US$9.42 million.
According to crypto media, this achievement is a profit story that few assets in the financial world can compete with.
Watcher Guru continued, cryptocurrency investment often depends on one important factor, namely time.
"Identifying unconventional projects during their early development and redirecting funds towards them has more often than not proven profitable for investors."
On the other hand, investors who enter the market during the FOMO phase, i.e. when asset prices continue to rise, end up drowning in the water. The same thing happens to Shiba Inu investors.
Shiba Inu, at first, was such a project, like a hidden gem waiting to be discovered.
However, not everyone has the foresight to invest in the first place. FOMO (Fear of Missing Out), is a common trap in the crypto market.
This New Meme Coin Beats Shiba Inu And All Other Coins, US$12 Million Trading Volume In 24 Hours
An unknown Ethereum developer under the pseudonym @CroissantEth, has revealed an innovative method for creating new ERC-20 tokens using artificial intelligence (AI).
In his explanation in a post, Platform
This process essentially involves instructions to ChatGPT to formulate an ERC-20 token that complies with the Open Zeppelin standard. Just to note, Open Zeppelin is an open-source framework designed to create secure smart contracts, containing a contract repository written in Solidity.
Reporting from decrypt.co, parameters such as the token name and other details are determined dynamically by values provided by ChatGPT in the code constructor. Worth noting, @CroissantEth has launched a public token called AstroPepeX (APX), currently tradable on Uniswap.
Within 24 hours, the new meme coin managed to amass an impressive trading volume of US$ 12.9 million. The choice of the name “AstroPepeX” was a result of ChatGPT's ability to generate names based on real data from the top ten thousand tokens traded on Uniswap, cross-referencing with market capitalization data from CoinMarketCap and CoinGecko.
Bot testing also produced interesting coin titles such as “Inuverse” and “QuantumPepe,” similar to well-known memecoins and concepts such as Dogecoin, Pepe, and metaverse. @CroissantEth expressed their fascination with ChatGPT's creative output, saying.
“The number of Pepe generations is pretty funny, and it's really cool to see where GPT really puts real creativity into the data. "It started to feel like he was starting to have a mind of his own," he said.
"Adventure Gold Coin (AGLD): Uncovering the Secrets of Price Volatility and Investment Opportunities"
About AGLD Coin: Key Information
AGLD, which stands for Adventure Gold Coin, is one of the cryptocurrencies operating on the Ethereum network. Its total supply stands at 70,170,001 units and currently has a trading price of around $0.5515908370647017. AGLD coin is available on 117 crypto exchanges with a total trading volume reaching $16,570,490.76 over the last 24 hours. It ranks 414th in the list of cryptocurrencies by market capitalization. You can see the AGLD logo and visit the official website at lootproject.com.
It is important to remember that as an investor or cryptocurrency user, you need to be aware of the potential price volatility that AGLD can experience. Therefore, before making an investment or transaction with AGLD, it is highly recommended to conduct in-depth research and analysis about this cryptocurrency.
Additionally, monitoring the latest news regarding AGLD can provide valuable insight. Here is some of the latest news regarding AGLD:
1. "Adventure Gold price action indicates 'bad actors in the market': traders" - The Block 2. "Digital Assets: Bancor Network, DIA, Keep3rV1, Lido DAO, Perpetual Protocol, Now Available on Okcoin" - CrowdFundInsider 3. "Gold-Backed Crypto? Watch Out! These Are the Only Six Coins That Sound Like It." - Investorplace 4. “Adventure Gold and Loot NFTs Are a Confusing and Pointless Waste of Time” - Investorplace 5. "AGLD Crypto: What to Know About Adventure Gold As AGLD Continues to Rise" - Investorplace
By paying attention to the latest news and AGLD price trends, you can make better decisions in managing your investments or trading activities. Remember that the crypto market is very dynamic, so it is always important to remain vigilant and conduct thorough research and consult with financial experts before making any investment decisions.
BTC Price Predicted to Increase to US$100,000, Here's the Reason
MONEY IDEAS - In the ever-changing world of crypto, enthusiasts and investors are always looking for insight into the future of the price of Bitcoin (BTC).
Crypto Rover, a well-known influencer in the crypto community, recently created a stir with a bold prediction that the price of BTC could soar to US$100,000.
His prediction is based on the increasing hype around spot Bitcoin ETFs and the entry of traditional financial giants into the crypto space.
BTC price predicted to reach US$100,000
According to a Coin Edition report, Crypto Rover shared its optimistic view on Bitcoin's price path. His optimism hinges on the potential advantages that spot Bitcoin ETFs offer, including tax benefits and the ability to use leverage, making them an attractive prospect for institutional investors such as pension funds and family offices. The involvement of traditional financial players in the crypto market through spot Bitcoin ETFs has the potential to inject large capital and increase market liquidity.
Crypto Rover suggests that this development could spike the price of BTC to US$40,000 in the next few weeks and possibly exceed US$100,000 in the long term.
Crypto Rover's optimism was reinforced by a report from Bloomberg, which estimated the total market size for spot Bitcoin ETFs could reach an impressive US$150 billion. Drawing parallels with the gold ETF market, Bloomberg Intelligence proposes that if financial advisors in the US allocated just 0.5 percent of the US$30 trillion in assets they manage to Bitcoin ETFs, it would create a market worth US$150 billion.
At the time of writing, Bitcoin was trading at US$27,101, with a market capitalization of US$528 billion and daily trading volume of US$13.2 billion, according to CoinMarketCap data. While the US$100,000 prediction by Crypto Rover may seem ambitious, it reflects the growing optimism and excitement within the crypto community regarding the future of Bitcoin prices.
Since the ruling that XRP is not a security, daily trading volume of XRP in the United States has soared, surpassing the trading volume of other altcoins.
According to Kaiko research, it appears that XRP trading volume in the United States approached US$ 30 billion in the nine months of this year. The performance of this coin has surpassed other altcoins, such as Solana which is in second place with a cumulative trading volume of around US$ 27 billion over the last nine months. Additionally, Litecoin, Dogecoin, Cardano (ADA), Shiba Inu (SHIB), and MATIC are also in the top five in terms of cumulative trading volume.
Shiba Inu Doesn't Want to Lose
In the ever-changing crypto world, Shiba Inu has emerged as an attractive token for investors. With the affordable price per token, many individuals are considering the possibility of becoming SHIB billionaires.
At the time of writing, SHIB feels at a fairly affordable price level, namely US$ 0.00000730 per token. With this affordability, you could become a Shiba Inu millionaire.
To own 1 billion SHIB tokens, an investor needs to invest US$ 7,390. This affordable entry point has attracted the attention of market participants, some of whom are considering going even bigger by acquiring 10 billion SHIB tokens.
One interesting aspect of the current SHIB price is its proximity to its all-time high (ATH) of US$ 0.00008845.
If SHIB manages to reach this historical peak again, 1 billion SHIB purchased at the current price will soar in value to an incredible US$ 88,450. In the previous ATH, having 10 billion SHIB meant having US$ 884,500.
In both scenarios, the increase in value would represent growth of more than 12 times the initial investment made at the current SHIB price. $SHIB $XRP $ADA #ideuang #youtubeideuang #yttun
Shiba Inu (SHIB) continues to struggle to pass the US$ 0.000008 price point. Despite undergoing a significant update in 2023, the value of this popular asset has been declining since February. However, popular artificial intelligence (AI) chatbot ChatGPT has a new prediction on how and when SHIB could reach a price of US$ 0.9.
According to ChatGPT, there are several events that could trigger a short-term surge for this meme cryptocurrency. It was explained that Shiba Inu needed a “sudden massive surge in positive sentiment, new partnerships, and increased adoption”.
"Before continuing, you should first follow our YouTube channel "@ideuang" so that we can continue to be enthusiastic about sharing information, keyword "@ideuang" in your YouTube application search.
Interestingly ChatGPT also has a schedule for when SHIB can reach this price point. ChatGPT highlights that this meme coin could experience a surge in the next 6 to 12 months.
Talking about the price spike, a SHIB influencer named “Lucie” recently invited users to store their digital assets on Shibarium rather than on the exchange. Lucie said that people should not ask when Shibarium will start burning, but rather migrate from the exchange to the project's layer-2 network.
Lucie has reminded the community that burning occurs based on each transaction made. Therefore, the more people use Shibarium, the more SHIB tokens will be withdrawn from circulation.
Additionally, according to some rumors, the Shiba Inu (SHIB) team is working on a new burning mechanism that could burn trillions of SHIB tokens from circulation every year. However, there is no information about the launch date of the burning mechanism.
Shiba Inu: US$1000 Becomes US$15 Million In Three Years
In just three years since its appearance, Shiba Inu (SHIB) has stolen the attention of the crypto world with its rapid rise, reaching its highest peak (ATH) in 2021. Then when the market turned bearish, SHIB experienced a significant decline.
However, like many other mid-cap assets, SHIB has weathered the storm. Currently, this asset with a market capitalization of US$ 4.3 billion is trading at US$ 0.00000741.
Shiba Inu reached its highest price of US$ 0.00008616 on October 28 2021, marking a decline of 91 percent since then. Reporting from watcher.guru, investors who bought SHIB at its current peak are most likely currently in the Mariana trough.
At launch, SHIB was at the level of US$ 0.000000000510, then added another zero at the end of 2020. An investment of US$ 1,000 during this initial period shrank to US$ 550.98 and then fell freely to US$ 1.96.
Then, a market surge occurred in 2021, where bulls pushed the investment figure to US$ 19,606 and then US$ 98,000 in Q1. In May, the value jumped to $17.25 million. In early October, when SHIB headed towards its ATH, its investment was worth more than US$ 55 million.
By October 2022, more precisely a year later, the value had dropped to US$ 19 million and by early April 2023, the value was US$ 22.2 million.
Bitcoin Analyst Claims There Will Be Big Price Movements This Week
Bitcoin (BTC) which is the main cryptocurrency has made significant moves in its price movement. This was conveyed by a crypto analyst who is also the CEO of Eight Global, Michael van de Poppe, who shared his opinion on the X platform.
According to him, BTC's movement has managed to close above the 200-Week Exponential Moving Average (EMA), a key indicator historically associated with bullish trends.
“Bitcoin closed above the 200 Sunday EMA, which is very important for bullish continuation,” said Poppe, Sunday (17/9/2023).
FYI, the 200-Week EMA is a widely monitored metric in the crypto market, and Bitcoin's ability to surpass this mark is considered a positive sign. In this case, Poppe indicated that this breakout could lead to a price trajectory similar to the 2015/2016 cycle.
"Price movements are starting to look similar to the 2015/2016 cycle," he said
Meanwhile, another analyst under the pseudonym Roman gave an overview of the current situation in the Bitcoin market. In the analysis posted on the X platform, it indicates that the Bitcoin price on the 1-day (1D) chart has faced a crucial resistance level.
Also Read: Analyst Gives Price Target for Bitcoin Movement, Pay Attention to Key Levels!
This resistance was accompanied by a bearish signal in Price Action, indicating that a significant move could occur in the near future. Roman predicts a possible price drop back to the support level before a true reversal in the trend can occur.
After being inactive, now the Shiba Inu Whale seems to be starting to move
Shiba Inu (SHIB) managed to survive the crypto market downturn and managed to show extraordinary resilience compared to other cryptocurrencies. Even though the SHIB price experienced a downtrend, the meme asset ecosystem is showing signs of vitality, especially in whale activity and growing adoption of the Shibarium protocol.
"Before continuing, you should first follow our YouTube channel "@ideuang" so that we can continue to be enthusiastic about sharing information, keyword "@ideuang" in your YouTube application search.
According to Whalestats, whale activity increased by 48 percent. Specifically, the total number of large transactions (those with a monetary value of at least US$ 100,000) on the Shiba Inu protocol has jumped from 11 on September 9 to 31 at the time of writing this article. These whale transactions include a cumulative amount of US$ 10.96 million, which significantly contributes to the overall trading volume of the meme coin ecosystem. The increase in whale activity has had a significant impact on SHIB trading volume, which is up only 1.8 percent in the last 7 days.
Could Shiba Inu Reach a Price of US¢10?
It cannot be denied that Shiba Inu's rise has been impressive, especially during 2021 when it became one of the top cryptocurrencies. His journey was marked by broader market trends, where even unconventional stocks and assets saw unexpected rallies. However, the situation has changed since then, with Shiba Inu currently hovering around 92 percent below its peak value. With fans' expectations regarding a spectacular comeback at 13,760,000 percent, it is important to evaluate the reality on the pitch.
Shiba Inu, while built to be more versatile than its predecessor, Dogecoin, has yet to capitalize on its potential much. Its compatibility with strong networks promises possibilities, but current adoption rates remain underwhelming. $SHIB #ideuang #youtubeideuang #shib
This man bought 5,000 BTC with capital of IDR 399 thousand in 2009, this is his fate now
One such amazing story belongs to Kristoffer Koch, an ordinary retail investor from Norway who in 2009 decided to invest a very small amount, around US$26, equivalent to IDR 399 thousand, into Bitcoin (BTC).
This man bought 5,000 BTC in 2009 According to a Zycrypto report, while working on his master's thesis at the age of 25, Kristoffer Koch accidentally discovered the concept of Bitcoin, a decentralized digital currency with the potential to disrupt traditional finance.
Initially, he was skeptical about Bitcoin's future despite having read Satoshi Nakamoto's 2008 whitepaper. However, he decided to invest a small amount, acquiring 5,000 Bitcoins.
However, like many people, Koch forgot about his investments because he focused on his career and other life goals.
It wasn't until four years later, in 2013, that Koch accidentally came across a news report about Bitcoin's impressive surge in value and decided to check his long-abandoned digital wallet.
“In the most fantastic scenario, I could not have imagined that its value would rise to these heights,” Koch said in an interview with NKR.
With these results, Koch decided to exchange a small portion of his fortune for a luxury apartment located in the posh neighborhood of Oslo, Norway, preferring to HODL (keep) the rest.
“Every morning, I go to the online bank and see that the (BTC) balance continues to grow,” added the young engineer.
While Koch's narrative highlights the potential of HODLing digital assets, this is not an isolated case.
Others like him initially underestimated the profound impact of blockchain technology and the incredible opportunities it brings by either selling too early or not buying BTC when the price was so low.
Investors Consider This Small-Cap Crypto Has the Potential for Big Gains
Since Bitcoin has struggled to gain speed recently, some traders are wondering if it is too late to buy BTC in 2023 as the bear market is still ongoing.
Although Bitcoin is still the most talked about cryptocurrency in the world, some low market cap coins are attracting traders' attention because they have the ability to rise.
One of these coins is Bitcoin BSC (BTCBSC), which tries to unite the history of Bitcoin and the speed of Binance Smart Chain. Please be reminded that Bitcoin BSC is a meme coin and has nothing to do with Bitcoin. Bitcoin's rise does not ensure Bitcoin BSC's rise.
Bitcoin Price Weakens as Support Level Holds This indicates that the short-term and medium-term trends are down, so BTC is set for more losses.
Additionally, the Crypto Fear & Greed Index has been in the “Fear” area since mid-July, which makes the prices of BTC and other altcoins move slowly. However, the key support level around $25,000 has held so far, providing some hope for Bitcoin bulls.
Additionally, Bitcoin's daily period showed a strong bullish reversal candle on Tuesday, indicating that the price will rise.
Spot BTC ETF Could Revive Bitcoin Momentum Several large companies, such as BlackRock and Valkyrie, have filed for BTC spot ETFs in recent months, and if the SEC accepts one of these filings, it could spark renewed interest in Bitcoin from both individuals and institutions.
So, Bitcoin's short-term prospects look bad as investors are still unsure, but its long-term prospects still look good.
As a result, many savvy investors are using this time of uncertainty to buy BTC at relatively low prices in preparation for the next bull cycle. Ultimately, it's hard to say whether it's too late to buy Bitcoin in 2023.