Binance Locks 14 Billion USDT for Hamster Combat Tokens
The Hamster Kombat team informed the community that 14 billion USDT was locked on Binance, which was done to introduce 3 billion HMSTR tokens to the startup platform Launchpool. With just one day left until the launch, holders of BNB exchange tokens or FDUSD stablecoins can still join Launchpool $HMSTR, the tweet says.
Many crypto community members are expecting active growth of crypto project tokens focused on developments in the field of artificial intelligence (AI). Investments by large companies in the AI ââsector fuel the interest of cryptocurrency users in such coins. We tell you which AI cryptocurrencies the crypto community is betting on and why these particular coins, in the opinion of investors, can bring good profits to their buyers.
When Altcoins Will Start Growing. Analysts' Forecasts
Since the beginning of the year, the cryptocurrency market capitalization has grown by 180%. Experts have explained whether a new âalt seasonâ is likely amid the overall growth of digital asset rates "RBC-Crypto" does not provide investment advice, the material is published for informational purposes only. Cryptocurrency is a volatile asset that can lead to financial losses.
I read so many posts like: - I tapped in the game for 150 days and they paid me so little? - I "worked" every day as a hamster and they screwed me over? - Skam the hamster - Khomyak is a financial pyramid and we were all screwed - I quit my job to spend more time with the hamster, but they only gave me crumbs? Well, and everything in the same spiritđ€Ł
The cryptocurrency market continues to be feverish. The Bitcoin (BTC) rate remains around $56,390. This is 0.2% lower than the previous day. The Ethereum (ETH) cryptocurrency also lost 0.2% and is trading at around $2,380. The capitalization of BTC and ETH is $1.11 trillion and $286.14 billion, respectively. Monochrome Files for Ethereum ETF Launch
Binance to Launch Solana Staking Service in September
Binance plans to launch Solana staking service in September 2024. The platform will be called BNSOL. Cryptocurrency exchange Binance will launch a service for staking Solana (SOL) coins by the end of September 2024. This was reported by The Block, citing a statement from the company. The statement said the new tool, called BNSOL, will allow users to stake SOL coins and receive a portion of the fees paid by the network. It will also provide customers with a liquid token that can be used while the underlying assets are locked.
Bitcoin (BTC) has fallen 3.6% in the past 24 hours to $56,710. The digital coin's market capitalization has fallen to $1.12 trillion. Ether (ETH) has also followed BTC's lead, settling at $2,400, down 4%. Bitcoin spot ETFs have seen a net outflow of $288 million on September 3. This trend has now lasted for five days in a row. Ethereum ETFs have seen a net outflow of $47.39 million.
Bitcoin Network Hashrate Reaches New All-Time High
The Bitcoin network hashrateâthe total computing power that secures the Bitcoin networkâreached a new all-time high on September 1, surpassing 742 exahashes per second (EH/s). According to CryptoQuant data, the hashrate has been steadily increasing since 2021, which makes sense given the ongoing shift to more powerful mining hardware such as application-specific integrated circuits (ASICs).
Bitcoin Falls Below $56K as US and Japanese Stock Markets Crash
Bitcoin fell to its lowest level since early August on Asian exchanges on Wednesday morning after sharp losses in U.S. and Asian stock markets, sending some major stocks down nearly 10%. BTC briefly fell to $55,500, its lowest since August 8, erasing nearly all of its gains over the past month. The broader market as tracked by the CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell nearly 6%. Major tokens Solana (SOL) and ether (ETH) fell more than 7%, leading the losses.
Analysts assess the prolonged stagnation in the Bitcoin market
The price of Bitcoin (BTC) has been stagnating in recent months, as reported by CryptoQuant experts. This is causing increasing concern among investors. According to analysts, one of the reasons for this stagnation is the increase in over-the-counter (OTC) trading, which replaces exchange trading and, as a result, reduces the volatility of cryptocurrency prices. This situation is reminiscent of the dynamics observed in 2019, when similar patterns led to a long-term lull before a new price surge.
JPMorgan's latest comments on the Fed's rate cut have caused serious concern among traders and investors around the world. Today, despite expectations of a sharp interest rate cut, JPMorgan's head of global and European equity strategy dismissed the chances of a bull market in the future. The statement quickly sparked a global debate as the stock and crypto markets anticipate sentimental shifts in the future.
Toncoin (TON) Set for Bullish Breakout, 15% Price Jump Expected
After a significant drop in the price of Toncoin (TON), it is now poised for a breakout and potential growth. Since Telegram CEO Pavel Durov was arrested in France, the TON price has fallen by more than 25% and is currently struggling to gain traction.
Pepe, the popular and third-largest meme coin, looks set to skyrocket as a new whale buys billions of tokens. On September 2, 2024, online analytics company lookonchain posted on X (formerly Twitter) that a whale had purchased 292.97 billion tokens from Binance worth $2.17 million after the US stock market opened.
According to analysts at Bitfinex, the future of the leading cryptocurrency largely depends on the interest rate decision that the US Federal Reserve will make this month. In their report, the experts attributed Bitcoin's recent 32% rise to speculation about the agency's dovish stance. However, they noted that the rate cut expected now could "significantly impact both BTC's short-term volatility and its long-term outlook."
Why Are You Doing This To Me?: Detained Binance Executive Begs Prison Guards For Help
Binance chief Tigran Gambaryan, who has been in custody in Nigeria since February, limped into an Abuja courtroom on Monday, dragging his left leg after prison authorities rejected his request for a wheelchair. In a video uploaded to X (formerly Twitter) on Monday afternoon, a frustrated Gambaryan begs a prison guard escorting him to the courtroom to help him walk.
Over 100 Crypto Companies Raised Hundreds of Millions of Dollars in Investments in August. Which Projects Got the Most Funding In August 2024, 110 projects received $785 million in funding from foundations and private investors, down 22% from the previous month ($1.01 billion in July 2024) and up 20% from a year earlier ($660 million in August 2023), according to Chinese journalist Colin Wu.
Cryptocurrency airdrops are a lucrative way to get free tokens without much effort. The community is expecting several major airdrops in September We'll tell you about the most notable airdrops planned for September. Sahara AI Sahara AI is a decentralized blockchain platform for artificial intelligence (AI). The startup recently raised $43 million from major venture capital firms such as Binance Labs, Pantera Capital, and Polychain Capital. The project also received additional support from Samsung, Sequoia Capital, and several other prominent players.
Whale Known for Profitable Trading Bought $10.43 Million in Ethereum
Crypto whale who made big profits by shorting Bitcoin during LUNA/UST crash invests $10.43 million in Ethereum Data from Arkham Intelligence confirms that the wealthy investor bought 4,192 ETH at an average price of $2,490 per ETH over the past seven hours. He then staked those tokens on Lido and RocketPool, two major DeFi platforms.
Half of Shiba Inu (SHIB) Holders May Suffer Losses
Popular memecoin Shiba Inu (SHIB) has fallen 10% in the past week. Technical indicators paint a bearish picture, hinting at further declines in the cryptocurrency Let's figure out what awaits Shiba Inu (SHIB) this September and why the memecoin may continue to fall. Recovery is not expected yet