Here Are the Top Gainers in the First Week of October
The $SOL -based meme coin POPCAT Hits a New ATH of $1.29.

As October and Q4 enter, the crypto market has shown signs of recovery, bringing gains to many altcoins, with some setting new all-time highs (ATHs).

The best performing altcoins of the past week include the Solana meme coin POPCAT, which just hit a new ATH.

FTX Token (FTT)

FTT, the token of the FTX exchange, has surged 95% over the week and is currently trading at $2.72.

The rally comes on the back of rumors of debt repayments starting, with a hearing scheduled for October 7.

If the rally continues, FTT could hit $2.98, but there is also a risk of falling to $2.54 or $2.20 if the situation changes.

Popcat (POPCAT)

POPCAT price is up 31% in the past 24 hours, reaching a new ATH of $1.29 after breaking the $1.00 resistance.

If there are not many profit takers, POPCAT could continue its rally. However, if selling pressure emerges, the price could fall to $1.00, weakening the current uptrend.

Wormhole (W)

Wormhole has gained 14.8% and is currently trading at $0.34. Although not as strong as other tokens.

Wormhole has the potential to reach $0.42 if it breaks the $0.35 resistance. If it fails, the price could remain in the range of $0.28 to $0.35.

If you had bought $1,000 worth of Binance Coin four years ago, this is the amount you would have today.
Shortly after its launch in 2017, the Binance exchange created its own cryptocurrency called Binance Coin $BNB. At that time, Binance was a newcomer compared to other exchanges, and its signature coin was very cheap.
Things have changed quite a bit since then. Binance is now the largest crypto exchange in the world, far surpassing its competitors in trading volume and weekly visits. Binance Coin has climbed the charts and is the fourth largest cryptocurrency by market capitalization at the time of writing.
The Growth of Binance Coin
Binance Coin started with an initial coin offering (ICO) where it could be purchased with Bitcoin or Ethereum. Its earliest recorded cash price on CoinMarketCap was on July 25, 2017, when it was available for just $0.10. If you had bought $1,000, you would have received 10,000 BNB.
The current price of Binance Coin is $600. Your investment would now be worth over $6.9 million.
That’s an astonishing figure, and that’s not even the best thing you could have done. When Binance Coin reached an all-time high of $690.93 on May 10, 2021, 10,000 BNB was worth nearly $7 million.

Renowned Economist Predicts Bitcoin Price to Hit $100,000

Cryptocurrency analyst Timothy Peterson has predicted the day Bitcoin price will surpass $100,000.

Cryptocurrency economist Timothy Peterson predicts that Bitcoin could hit $100,000 by February 2025
Peterson has provided analysis that shows Bitcoin’s current price trend is consistent with previous trends, refuting the notion that Bitcoin’s returns are declining.

He asserts that Bitcoin’s earning potential remains strong as the market matures.

$100,000 in 90 Days?
Peterson believes that if Bitcoin breaks above the trendline, it could hit $100,000 in the next 90 days, and that this target is “entirely reasonable” based on price history.

Even in a conservative scenario, Bitcoin could hit $100,000 by February, regardless of the outcome of the US presidential election on November 5.

He dismissed concerns about a potential Bitcoin price drop, asserting that “Bitcoin is not overvalued” and that the possibility of a drop below $60,000 is “increasingly unlikely.”

Binance Futures Lists MOODENG, Price Surges
Binance Futures to Launch MOODENGUSDT Perpetual Futures Contract with Up to 75x Leverage.

“To expand the range of trading options offered on Binance Futures and enhance the trading experience for users, Binance Futures will launch MOODENGUSDT Perpetual Futures at 17:00 on October 25, 2024 with up to 75x leverage,” Binance said.
Following the news, MOODENG’s price surged 130%, currently trading at $0.1539 at the time of writing
MOODENG is a memecoin inspired by the popular hippo Moo Deng. The hippo currently resides at the Khao Kheow Zoo in Thailand, and the name Moo Deng means “jumping pig” in Thai.

Social Media Mentions of These Altcoins Spike
The list shared by crypto analytics firm Santiment includes tokens with the highest mention rates.

Crypto analytics firm Santiment has just released a list of altcoins with the highest number of mentions on social media recently.

Ethereum continues to lead the list, a familiar name in the investment world. However, the remaining two altcoins surprised many people.

Here are the cryptocurrencies that have seen a significant increase in mention rates on social platforms:

Ethereum: Analysts say that the move to collect fees from rollups instead of collecting fees directly from users on the ETH network is a positive step. They predict that this will increase scalability and reduce costs for users. Currently, the number of active addresses on the ETH network has surpassed the 5 million mark.
GOAT: Over the past few days, GOAT, the upstart memecoin, has quickly taken over the AI-related memecoin market with significant trading volume. At the same time, GOAT’s market cap has surpassed $700 million. Casper (CSPR): Unfortunately, the increase in Casper mentions comes from a negative topic. Prove AI’s transition from the Casper network to Hedera has left many users concerned about the future of the network. Hedera has also benefited from this transition.

These Are the 5 Altcoins That Institutional Investors Are Buying the Most Aside from BitcoinCoinShares has released its weekly crypto report and listed the tokens that institutional investors are buying the most.

Bitcoin started the week with a strong rally above $69,500 today. While this surge is helping investors’ expectations, CoinShares released its weekly crypto report and said that there was an inflow of $2.2 billion into the market last week.

#BinanceTurns7 According to experts from CoinShares, the inflow into crypto investment products reached $2.2 billion, the highest level since July. This is likely due to optimism about the Republican Party winning the US election. Bitcoin continues to dominate, here are 5 other altcoins that attract investors' attention
When looking at individual crypto funds, it can be seen that Bitcoin continues to dominate the inflow recorded at $2.13 billion. Apart from Bitcoin, here are 5 altcoins that institutional investors believe will grow in the future.

First is the largest altcoin Ethereum (ETH) which saw inflows of $57.5 million. The Bitcoin Short Fund followed with a remarkable inflow of $12.3 million, which surprised experts.

When we look at other altcoins, XRP saw inflows of $0.7 million, Solana (SOL) $2.4 million, Litecoin (LTC) $1.7 million, and Cardano (ADA) $1.5 million.

Binance Exchange Continues to Announce New Delistings!

Binance has just announced that it will be delisting a number of digital assets to ensure that the listed assets meet the exchange's high standards.

Binance has announced plans to delist several digital assets as part of a regular review process to ensure that listed assets meet high industry standards
Delisting of four tokens on November 6, 2024
According to the announcement, the delisting will take effect at 6:00 AM on November 6, 2024. The four tokens being delisted include:

Rupiah Token (IDRT)
Keep3rV1 (KP3R)
Ooki Protocol (OOKI)
Unifi Protocol DAO (UNFI)
Process and User Impact
Reasons for Delisting
Binance evaluates assets based on a variety of factors, including:

Team commitment and development activity
Trading volume and liquidity
Network stability and security
Project transparency and public communication
Regulatory compliance
Contribution to Crypto Ecosystem
This decision demonstrates Binance's efforts to protect users and maintain market integrity, while adapting to changes in the industry.

Users are advised to review their accounts and ensure they withdraw or reallocate any affected assets prior to delisting.

Binance is committed to providing a safe and friendly trading environment, and is monitoring the changing market conditions
#BinancePizzaVN #tintucbitcoin.com

Trader Turns $296 Into $620,000 in Four Hours With This Memecoin
A crypto trader hit it big after investing just $296 in a newly launched memecoin and turning it into $620,000 in just four hours.

The opportunity came from memecoin SLOP. According to analytics platform Lookonchain, the trader used 1.76 Solana (SOL) to buy 38.17 million SLOP tokens on the Raydium platform
When SLOP surged, he sold some of it, collecting 2,412 SOL (equivalent to $405,000) and keeping 8.39 million SLOP, worth $215,000 in his wallet
The trader entered more than 150 memecoin trades with a 21.19% win rate, and the profits from SLOP helped him recover his previous losses.

The growth behind SLOP is largely due to its unique creation. Created by an artificial intelligence named Namshub, SLOP was inspired by other popular memecoins like Goatseus Maximus and viral art
This year, many traders have made millions from memecoins.

For example, a trader with the nickname “sundayfunday.sol” turned $72,000 into $30 million in just three days.

Another turned $8,600 into $1.26 million after holding a little-known coin for two months.

However, there have been big losses as well. A trader on Solana lost $37,000 speculating on memecoins.

It’s worth noting that memecoins are highly speculative and volatile, and failed trades are often not reported.

The more war, the more gold price increases, USD is also pushed up, so what will happen next? What do you think about that???

Beware, Everyone

Losses from Crypto Counterfeit Forms Could Hit $25 Billion This Year

Losses from cryptocurrency counterfeiting and scams could exceed $25 billion by 2024, more than doubling from last year.

Based on Sumsub research data, Bitget recorded a 245% increase in global counterfeits in 2024. China, Germany, Ukraine, the United States, Vietnam, and the United Kingdom were the countries with the most counterfeits in the first quarter of 2024. The crypto industry also saw a 217% increase in counterfeits compared to the first quarter of 2023.
Bitget reported an increase in deepfakes that led to a $6.3 billion loss in crypto in the first quarter. They predict losses will increase to $10 billion per quarter by 2025.

Bitget CEO Gracy Chen said deepfakes are becoming more prevalent in the crypto space and stressed the importance of education and awareness to prevent them.

Deepfake scammers still use old tactics such as fake projects, phishing attacks, and Ponzi schemes, using deepfake technology to gain investors' trust. Over the past two years, this method has accounted for more than half of all deepfake-related crypto losses.

By impersonating influential figures, these schemes create the illusion of credibility and large capitalization, thereby attracting investment without due diligence, Bitget Research said.

#BinanceTurns7 #binance

Giant Whale Sells This Altcoin, Then Buys Two More Altcoins
According to Onchain data, a crypto whale sold the altcoin he made a huge profit on and bought another cryptocurrency.

According to on-chain data from Lookonchain, a crypto whale has just made a big change in his altcoin investment strategy
Specifically, this whale sold 7,220 Aave (AAVE) worth $1.1 million and switched to buying Uniswap (UNI) and dYdX (DYDX)
Currently, this whale's wallet is holding 10,000 AAVE, worth $1.53 million, with a total profit from these tokens of $883k.

Meanwhile, he owns $4.12 million worth of UNI, but has suffered a loss of $34,000 from this investment.

Notably, the biggest loss came from DYDX, with $803,000 worth of DYDX in the wallet, but a loss of $834,000.

In addition, another whale just made a large transaction, adding $21.77 million worth of Ethereum to his portfolio via Binance, bringing the total assets in the wallet to $390 million.

Pay Attention⚠️⚠️⚠️
Dogecoin Surges as Elon Musk Promotes DOGE at Trump Campaign
Dogecoin $DOGE surged 7% to over 13 cents in late U.S. trading on Thursday after Elon Musk announced plans for a “Ministry of Government Efficiency” at a Pennsylvania town hall.

The event encouraged early voting in the key state, where the two major parties are locked in a bitter feud. The gains extended its weekly gains to over 22%, surpassing Bitcoin’s 1% gain over the past 24 hours. Open interest in DOGE also surged to over 5 billion tokens, signaling a strong market trend and upcoming volatility.

Elon Musk has become a vocal supporter of Donald Trump’s presidential campaign, donating over $75 million to the American PAC and is expected to attend multiple campaign events in Pennsylvania this month.

He proposed a new department, abbreviated DOGE, to help the government spend more efficiently. At the town hall, Musk suggested that the department could operate like a corporation, with incentives for those who perform and penalties for those who do not.

The expectation that Trump's victory could lead to more discussion about DOGE has generated interest from investors. One trader stated that Musk will continue to promote the concept until it becomes a reality.

Elon Musk is known to be a long-time supporter of Dogecoin, and DOGE tends to rise sharply when there is a payment-related development at any of Musk's companies, such as X or Tesla

1 in 5 Bitcoin Price Metrics That Could Hint at a New ATH in 2024
Bitcoin Exchange Supply Continues to Fall

Data from CryptoQuant suggests that the possibility of Bitcoin hitting a new record high is becoming increasingly likely, with the supply of BTC on online exchanges dropping to its lowest level in nearly five years.

As of October 15, centralized cryptocurrency exchanges held around 2.68 million BTC, down 20% from a high of 3.37 million BTC in July 2021. The decline comes as the price of $BTC Bitcoin has surged 55% year-to-date.

The falling supply on exchanges suggests that traders prefer to hold BTC rather than sell it for fiat or other digital assets. This also increases the likelihood of Bitcoin continuing its bullish momentum in 2024

1 of 5 Bitcoin Price Metrics That Could Hint at a New ATH in 2024
I’ll talk about one metric per post

Bitcoin has recovered more than 25% from its low of $52,546 on September 6, currently sitting at $67,047. Technical and on-chain indicators suggest that BTC is likely to continue its recovery and reach a new record high.

$BTC Bitcoin Open Interest Hits All-Time High

Bitcoin’s perpetual futures funding rate has hit a multi-month high, currently at 0.0136%, suggesting that bullish sentiment could continue in the short term.

This is the closest it has been since June 7, when Bitcoin hit $71,950. A positive funding rate usually indicates bullish sentiment, but caution should be used in interpreting it due to the volatility of the crypto market
According to data from CryptoQuant, Bitcoin’s open interest (OI) across all exchanges hit a record high of $19.7 billion on October 15, indicating that prices can be volatile as more capital flows into the market.

CryptoQuant analysts believe that this uptrend in the derivatives market reflects increased liquidity and growing interest in the crypto space. The increase in funding rates also indicates bullish sentiment among traders.

While high OI confirms increased investor interest, it cannot be considered inherently bullish as futures buys (buyers) and sells (shorters) always match. The increase in open interest creates volatility rather than directional bias