Daily digest for Crypto World Headline, on October 2, 2023

Rj posted: "The price of Bitcoin and Ethereum surged nearly 4% in just a 15-minute window, sparking bullish predictions for the remainder of October. Go to Source Author: Cointelegraph By Tom Mitchelhill" Crypto World Headline Is Uptober here? Bitcoin, Ethereum suddenly pumps, wiping $70M in shorts Rj Oct 2 The price of Bitcoin and Ethereum surged nearly 4% in just a 15-minute window, sparking bullish predictions for the remainder of October. Go to Source Author: Cointelegraph By Tom Mitchelhill Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/is-uptober-right-here-bitcoin-ethereum-instantly-pumps-wiping-70m-in-shorts/

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Rj posted: " Polkadot introduced Polkadot Live to enhance user experience. Decline in developer activity and mixed sentiment challenged Polkadot's growth. Polkadot [DOT], once a prominent cryptocurrency, faced numerous challenges over the past few months." Crypto World Headline Is Polkadot Live the catalyst DOT needs for an uptrend? – Crypto World Headline Rj Oct 2 Polkadot introduced Polkadot Live to enhance user experience. Decline in developer activity and mixed sentiment challenged Polkadot's growth. Polkadot [DOT], once a prominent cryptocurrency, faced numerous challenges over the past few months. To improve user experience and tackle its challenges head on, Polkadot's governance decided to introduce Polkadot Live. Is your portfolio green? Check out the DOT Profit Calculator Polkadot continues to make developments Polkadot Live aimed to address two key issues. First, it focused on delivering real-time notifications to users in a decentralized manner. Second, it allowed users to promptly respond to these notifications by submitting extrinsic actions directly from their desktops. This proposal sought funding to hire full-time developers dedicated to improving and launching the Polkadot Live product. Polkadot Live: Proposal for funding community-driven development to initial release. A new blockchain user experience at #Polkadot Decoded 2023, showing how @Polkadot interaction can happen on the desktop – Polkadot Live is centered around 2 key fundamentals: Notifications… pic.twitter.com/LmQlojsvnJ — Polkadot Insider (@PolkadotInsider) September 30, 2023 The rationale behind this proposal was rooted in several problems that Polkadot Live sought to solve. One major issue was the lack of proactivity in web applications. Users often needed to manually visit URLs for Polkadot dApps, causing them to miss out on real-time chain activity alerts. Furthermore, web notifications presented their own set of concerns. They were inconsistent among different browsers and were frequently used for spammy purposes. These web notifications provided a subpar experience compared to native notifications, lacking support for extrinsic functionality. For the Polkadot ecosystem to grow further, the impending issue of fragmentation among platforms and applications for different chains had to be resolved. Thus, Polkadot Live calls for aggregation tools to unify user accounts and activities while providing a seamless experience. However, despite these efforts to enhance user experience and address issues, Polkadot faced challenges within its developer community. Notably, Token Terminal's data revealed a significant decline in both the number of core developers and code commits on the Polkadot network over the past month. Source: Token Terminal This decline in developer activity raised concerns about the project's progress and innovation. A shrinking developer community could potentially slow down critical updates and improvements needed to keep Polkadot competitive and appealing. Source: token terminal DOT sees green Shifting the focus to Polkadot's price and market sentiment, the token experienced substantial growth in the past week. At the time of writing, it was trading at $4.182. Social volume around DOT surged significantly during this period, reflecting heightened interest and discussions. Realistic or not, here's DOT's market cap in BTC's terms However, the weighted sentiment around the token fell. This decline in sentiment indicated a shift in the community's perception of DOT. While its price surged, the negative sentiment suggested potential doubts or concerns about the sustainability of this growth or the token's future direction. Source: Santiment Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/is-polkadot-stay-the-catalyst-dot-wants-for-an-uptrend-crypto-world-headline/

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Rj posted: "Bubblemaps, CoinScan, Hinkal Protocol, and Mythic Protocol are among the latest crypto and blockchain funding deals. Go to Source Author: Cointelegraph By Ana Paula Pereira" Crypto World Headline VC Roundup: Investors eyes blockchain analytics, gaming and crypto privacy Rj Oct 2 Bubblemaps, CoinScan, Hinkal Protocol, and Mythic Protocol are among the latest crypto and blockchain funding deals. Go to Source Author: Cointelegraph By Ana Paula Pereira Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/vc-roundup-buyers-eyes-blockchain-analytics-gaming-and-crypto-privateness/

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Rj posted: " Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, inve" Crypto World Headline Polygon is Predicted to Reach $0.736711 By Oct 06, 2023 – Crypto World Headline Rj Oct 2 Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Polygon is up 3.42% today against the US Dollar MATIC/BTC increased by 3.41% today MATIC/ETH increased by 4.19% today Polygon is currently trading 25.23% below our prediction on Oct 06, 2023 Polygon gained 2.46% in the last month and is down -28.16% since 1 year ago Polygon price $ 0.550848 Polygon prediction $ 0.736711 (33.01%) Sentiment Neutral Fear & Greed index 48 (Neutral) Key support levels $ 0.526247, $ 0.519453, $ 0.514246 Key resistance levels $ 0.538248, $ 0.543455, $ 0.550249 MATIC price is expected to rise by 33.01% in the next 5 days according to our Polygon price prediction Polygon price today is trading at $ 0.550848 after gaining 3.42% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 4.02% in the same time period. MATIC performed well against BTC today and recorded a 3.41% gain against the world's largest cryptocurrency. According to our Polygon price prediction, MATIC is expected to reach a price of $ 0.736711 by Oct 06, 2023. This would represent a 33.01% price increase for MATIC in the next 5 days. MATIC Price Prediction Chart Buy/Sell Polygon What has been going on with Polygon in the last 30 days Polygon has been displaying a positive trend recently, as the coin gained 2.46% in the last 30-days. The medium-term trend for Polygon has been bearish, with MATIC dropping by -23.07% in the last 3 months. The long-term picture for Polygon has been negative, as MATIC is currently displaying a -28.16% 1-year price change. On this day last year, MATIC was trading at $ 0.766771. Polygon reached its all-time high price on Dec 27, 2021, when the price of MATIC peaked at $ 2.91. The current MATIC cycle high is $ 1.56, while the cycle low is at $ 0.322074. MATIC has been displaying low volatility recently – the 1-month volatility of the coin is at 2.77. Polygon recorded 16 green days in the last 30 days. Polygon technical analysis for today - Oct 01, 2023 The sentiment in the Polygon markets is currently Neutral, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.526247, $ 0.519453 and $ 0.514246, while $ 0.538248, $ 0.543455 and $ 0.550249 are the key resistance levels. Neutral sentiment for Polygon 14 indicators are currently signaling a bullish prediction for Polygon, while 14 indicators are showing a bearish forecast. With 50% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Polygon. Crypto market is currently experiencing Neutral Currently, the Fear & Greed index is at 48 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A "Greed" reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A "Fear" reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity. Polygon moving averages & oscillators Let's take a look at what some of the most important technical indicators are signaling. We'll be going through key moving averages and oscillators that will allow us to get a better idea of how Polygon is positioned in the market right now. Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 0.526200 (BUY) $ 0.533041 (BUY) - - MA5 $ 0.518501 (BUY) $ 0.526607 (BUY) - - MA10 $ 0.519223 (BUY) $ 0.522285 (BUY) - - MA21 $ 0.521689 (BUY) $ 0.526396 (BUY) $ 0.676133 (SELL) $ 0.664561 (SELL) MA50 $ 0.552960 (SELL) $ 0.558856 (SELL) $ 0.880484 (SELL) $ 0.813093 (SELL) MA100 $ 0.628971 (SELL) $ 0.626473 (SELL) $ 1.07 (SELL) $ 0.874788 (SELL) MA200 $ 0.790692 (SELL) $ 0.732333 (SELL) $ 0.736619 (SELL) $ 0.812416 (SELL) Period Value Action RSI (14) 49.18 NEUTRAL Stoch RSI (14) 66.81 NEUTRAL Stochastic Fast (14) 66.10 NEUTRAL Commodity Channel Index (20) 66.67 NEUTRAL Average Directional Index (14) 23.00 NEUTRAL Awesome Oscillator (5, 34) -0.02 NEUTRAL Momentum (10) -0.01 NEUTRAL MACD (12, 26) 0.00 NEUTRAL Williams Percent Range (14) -33.90 NEUTRAL Ultimate Oscillator (7, 14, 28) 47.67 NEUTRAL VWMA (10) 0.52 BUY Hull Moving Average (9) 0.51 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 0.53 NEUTRAL The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Polygon is at 49.18, suggesting that MATIC is currently neutral. The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Polygon over the last 50 days. Currently, Polygon is trading above the SMA 50 trendline, which is a bullish signal. Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that's calculated by taking an average of the MATIC closing price for the last 200 days. MATIC is now trading above the SMA 200, signaling that the market is currently bullish. The bottom line about this Polygon prediction After considering the above factors, we can conclude that the current forecast for Polygon price prediction is Neutral. MATIC would have to increase by 33.01% to hit our $ 0.736711 target within the next five days. Moving forward, it will be important to monitor the MATIC market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Polygon price predictions click here. Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/polygon-is-predicted-to-attain-0-736711-by-oct-06-2023-crypto-world-headline/

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Rj posted: "Speaking at CNBC's Delivering Alpha event, Jenny Johnson discussed how digital assets are disrupting securitization and the financial markets. Go to Source Author: Cointelegraph By Ana Paula Pereira" Crypto World Headline Tokenization is "securitization done on steroids" — Franklin Templeton CEO Rj Oct 2 Speaking at CNBC's Delivering Alpha event, Jenny Johnson discussed how digital assets are disrupting securitization and the financial markets. Go to Source Author: Cointelegraph By Ana Paula Pereira Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/tokenization-is-securitization-executed-on-steroids-franklin-templeton-ceo/

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Rj posted: " The XRP price has already been under pressure for the past month, as the future outlook of Ripple is still set to be determined in the near future. Although XRP has moved up with the rest of the crypto market over the past " Crypto World Headline XRP Price Threatened As Ripple Unlocks 1 Billion Coins – Crypto World Headline Rj Oct 2 The XRP price has already been under pressure for the past month, as the future outlook of Ripple is still set to be determined in the near future. Although XRP has moved up with the rest of the crypto market over the past few days of green, there is still uncertainty about the next bull run. However, this little price movement could be brief, as the number of XRP tokens in circulation just increased by 1 billion XRP, around 1.87% of the circulating supply of 53.312 billion tokens. Potential Impact On XRP Price And Supply On-chain data from Whale_Alerts has shown bouts of XRP totaling 1 billion have been unlocked from escrow in three transactions from two separate wallets. First, 400 million XRP tokens worth over $205.9 million were unlocked. 400,000,000 #XRP (205,914,675 USD) unlocked from escrow at #Ripplehttps://t.co/V54DFtoI16 — Whale Alert (@whale_alert) October 1, 2023 In the second transaction, 100 million XRP tokens worth $51.4 million were unlocked. 100,000,000 #XRP (51,478,668 USD) unlocked from escrow at #Ripplehttps://t.co/P8BgPU21Hr — Whale Alert (@whale_alert) October 1, 2023 And in the last transaction, Ripple unlocked 500 million XRP tokens worth $257.3 million. With the current market price of XRP at $0.5177, this puts the value of the unlocked tokens over $514.6 million.  500,000,000 #XRP (257,393,344 USD) unlocked from escrow at #Ripplehttps://t.co/1lSZdeqcMS — Whale Alert (@whale_alert) October 1, 2023 Ripple's latest unlock is part of the periodic release in its plan to release 55 billion XRP tokens over 55 months. Since 2017, the payment company has been known to release 1 billion XRP tokens each month through a smart contract. While Ripple claims this helps increase liquidity and utility, it also means a major influx of new coins entering circulation. With more XRP available, the price often drops as supply outweighs demand. Each new release adds downward pressure, and the price frequently falls in the days leading up to and following the escrow unlocking.  SOL market cap currently at $9.5 billion on the weekend chart: TradingView.com The monthly escrow has led to significant price slumps in the past months, especially during periods of lower interest in XRP. In particular, XRP witnessed a major selloff in June as whales dumped around 120 million XRP after Ripple unlocked its escrow.  Ripple has been known to periodically relock a portion of released tokens into the escrow system to reduce selling pressure, which helps extend the runway for the remaining tokens to be unlocked. For instance, Ripple immediately relocked 800 million (80%) of September's token unlock. The total amount to be locked back in escrow this month is yet to be determined.  Ripple: The Future Outlook For XRP XRP is currently up by 1.83% in a seven-day timeframe but the price outlook looks remains highly uncertain in the short term. Various predictions have come in for the token's future, with one prediction even going as high as $10,000.  (This site's content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from iStock Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/xrp-value-threatened-as-ripple-unlocks-1-billion-cash-crypto-world-headline/

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Rj posted: "According to blockchain analytics service provider Lookonchain, the FTX hacker is on a rampage again and this time around, he has moved the volume of his loot in the last two days to a total of 22,500 Ethereum (ETH). FTX Hacker Leverage Privacy Tools to E" Crypto World Headline FTX Hacker Moves New 7,500 ETH Taking Total Tranche to 22,500 Units Rj Oct 2 According to blockchain analytics service provider Lookonchain, the FTX hacker is on a rampage again and this time around, he has moved the volume of his loot in the last two days to a total of 22,500 Ethereum (ETH). FTX Hacker Leverage Privacy Tools to ETH Funds Some FTX accounts were drained of 7,500 Ether, The post FTX Hacker Moves New 7,500 ETH Taking Total Tranche to 22,500 Units appeared first on CoinGape. Go to Source Author: Godfrey Benjamin Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/ftx-hacker-strikes-new-7500-eth-taking-whole-tranche-to-22500-models/

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Rj posted: "In the midst of a broader crypto market upswing, the Solana price has been riding a veritable wave of bullish momentum. Over a five-day winning streak on the daily chart, the coin price action completed an inverted head and shoulders pattern, a common bot" Crypto World Headline Will Winning Streak in SOL Price Reclaim $30 Mark? Rj Oct 2 In the midst of a broader crypto market upswing, the Solana price has been riding a veritable wave of bullish momentum. Over a five-day winning streak on the daily chart, the coin price action completed an inverted head and shoulders pattern, a common bottoming formation that often signals a reversal in bearish sentiment. On October The post Will Winning Streak in SOL Price Reclaim $30 Mark? appeared first on CoinGape. Go to Source Author: Sahil Mahadik Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/will-successful-streak-in-sol-value-reclaim-30-mark/

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Rj posted: " Bitcoin's 12–18 months UTXOs are not selling despite being close to the breakeven point. The average BTC holder was in profit at press time, with more optimism on display. Long-term holders of Bitcoin [BTC] are displaying unwavering belief in" Crypto World Headline Bitcoin holders show renewed confidence in the king coin – Crypto World Headline Rj Oct 1 Bitcoin's 12–18 months UTXOs are not selling despite being close to the breakeven point. The average BTC holder was in profit at press time, with more optimism on display. Long-term holders of Bitcoin [BTC] are displaying unwavering belief in the coin, as BTC maintained its value above $27,000 as the new month began. This conclusion was a result of the realized cap's new high. Read Bitcoin's [BTC] Price Prediction 2023-2024 Support for BTC On 1 October, Glassnode revealed that the Bitcoin realized cap reached a 30-day high of $395.65 billion. #Bitcoin $BTC Realized Cap just reached a 1-month high of $395,653,566,989.08 View metric:https://t.co/C8JhD26mC1 pic.twitter.com/HXiL7C6TfH — glassnode alerts (@glassnodealerts) October 1, 2023 The realized cap offers a macroeconomic view of the BTC price. This is done by computing the value of each Unspent Transaction Output (UTXO) by the price when the coin last moved. As a way to measure the value of a coin, the increase in the realized cap means that the majority of Bitcoins last moved were acquired at cheaper prices. Furthermore, the Bitcoin market cap being above the realized cap means that the market was in aggregate profit despite some downturn over the last few months. The confidence shown by long-term holders was also corroborated by on-chain analyst Lidja Jahollari. To do this, Jahollari compared Bitcoin's current price and the realized price. The realized price is calculated as the realized cap divided by the total coin supply. This value obtained from the calculation can be interpreted as the average price market participants paid for their coins. It can also act as an on-chain support price or resistance. Source: CryptoQuant The former is more positive than the latter At the time the analyst published on CryptoQuant, BTC's 12–18 months UTXO realized price was $26,950. She also added that the 6 -12 months cohort was $20,600. In explaining both values, Jahollari noted that the 6 -12 months cohort gained much higher in terms of profitability since the former was almost at the breakeven point. She wrote, "The 12-18 Months UTXO Realized Price indicates that holders within this timeframe have reached their average purchase price. In contrast, the 6-12 Months UTXO Realized Price, lower than the market price, hints at profitability for this cohort." Another metric the analyst considered was the exchange inflow UTXO Age Bands. This metric summarizes the behavior of long and short-term holders alongside the price action. Source: CryptoQuant From the data above, the 6–12 months UTXOs are actively taking profit via transfers on exchanges. However, the 12-18 months group, despite living through a long period of unrealized losses, chose not to sell. Is your portfolio green? Check out the BTC Profit Calculator Due to this behavior, Jahollari mentioned that BTC at $26,950 may not serve as a resistance to the actual value. Instead, it had the tendency to be the on-chain support. She concluded that, "Given the limited influx of Bitcoin from the 12-18 Months UTXO cohort into exchanges indicating low selling pressure, it suggests that their realized price may not serve as a resistance level for Bitcoin price. This implies that Bitcoin has room to rise and potentially surpass this level." Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/bitcoin-holders-present-renewed-confidence-within-the-king-coin-crypto-world-headline/

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Rj posted: "Bitcoin tends to rally in October, possibly opening the door for MKR, AAVE, RUNE, INJ and other altcoins. Go to Source Author: Cointelegraph By Rakesh Upadhyay" Crypto World Headline Will Bitcoin 'Uptober' bring gains for MKR, AAVE, RUNE and INJ? Rj Oct 1 Bitcoin tends to rally in October, possibly opening the door for MKR, AAVE, RUNE, INJ and other altcoins. Go to Source Author: Cointelegraph By Rakesh Upadhyay Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/will-bitcoin-uptober-convey-positive-factors-for-mkr-aave-rune-and-inj/

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Rj posted: " According to an on-chain report on Saturday, September 30, an address associated with the FTX exploiter became active for the first time in 10 months. As earlier reported, some 5,000 ETH (equivalent to $8.2 million) was tra" Crypto World Headline FTX Exploiter Executes Ongoing Funds Exodus, Moves $17 Million In ETH In One Day – Crypto World Headline Rj Oct 1 According to an on-chain report on Saturday, September 30, an address associated with the FTX exploiter became active for the first time in 10 months. As earlier reported, some 5,000 ETH (equivalent to $8.2 million) was transferred from the flagged address (identified as 0x3e9) to new addresses on Saturday. However, in the latest development, blockchain data tracker Spot On Chain revealed that the FTX exploiter has moved more than $17 million worth of Ether tokens in the past 24 hours. FTX Exploiter To Keep Moving Stolen Funds, Spot On Chain Speculates In one of the most significant exploits in the crypto space, the now-defunct FTX exchange fell victim to a hack a few hours after declaring bankruptcy, leading to a loss of more than $600 million.  According to an on-chain revelation, the exploiter has been moving huge chunks of their loot in the past 24 hours. The transferred funds have reached a total of 10,250 ETH (worth roughly $17.2 million), spread across five addresses. A breakdown by Spot On Chain shows that a significant 7,749 ETH (equivalent to about $13 million) was moved to the Thorchain router and Railgun contract. These two decentralized finance (DeFi) protocols are renowned for their privacy-focused features. Within the past day, the FTX exploiter has executed swap transactions involving 2,500 ETH (worth approximately $4.19 million). These funds were converted to 153.4 tBTC (an ERC-20 token standard for Bitcoin) at an average price of $27,281. FTX Exploiter 0x3e9 has transferred out a total of 10,250 $ETH ($17.1M) via 5 addresses over the past 24 hours: – sent 7,749 $ETH ($13M) to the Thorchain router and Railgun contract – swapped 2,500 $ETH ($4.19M) to 153.4 $tBTC at $27,281 on avg Notably, the address has been… https://t.co/xzmDz8Vmma pic.twitter.com/4Ykp0zih6G — Spot On Chain (@spotonchain) October 1, 2023 The recent movement of funds by the attacker is believed to be triggered by the highly likely approval of Ether futures ETFs in the US. However, there has been no substantial evidence to back up these connections. There have been speculations that the exploiter might be looking to dump their tokens should the ETH price rally after futures ETFs are greenlighted.  In any case, spectators will probably keep an eye on the address' activity, especially after Spot On Chain suggested the exploiter may keep transferring ETH. Ethereum Price Overview The Ethereum price showed good strength to end September after largely struggling throughout the month. The cryptocurrency has made a positive start to October, approaching the psychological $1,700 level with a 0.6% rise in the past day. The value of ETH has jumped by nearly 6% in the past week, reflecting positive signs of recovery. According to data from CoinGecko, the cryptocurrency has experienced a nearly 4% decline in daily trading volume, representing a recent fall in market activity. Nevertheless, Ethereum remains the second-largest cryptocurrency, with a market cap exceeding $200 billion. ETHUSDT approaching $1,700 mark on the daily timeframe | Source: ETHUSDT chart on TradingView Featured image from iStock, chart from TradingView Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/ftx-exploiter-executes-ongoing-funds-exodus-strikes-17-million-in-eth-in-one-day-crypto-world-headline/

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Rj posted: "Ethereum co-founder Vitalik Buterin discussed maintaining the protocol's simplicity while introducing advanced feature integration. He said the reluctance to enshrine as little as possible on the protocols is "understandable and good." In a September " Crypto World Headline Ethereum's Vitalik Buterin Weighs Pros and Cons of Core Expansion Rj Oct 1 Ethereum co-founder Vitalik Buterin discussed maintaining the protocol's simplicity while introducing advanced feature integration. He said the reluctance to enshrine as little as possible on the protocols is "understandable and good." In a September 30 blog post, Buterin explained that Ethereum's software was built to be a minimalist that could be easily adapted to different needs by its users, avoiding the curses of software bloat. Highlights Dangers and Benefits of Integrating More Features Per Buterin, the discussions regarding layer1 and layer2 blockchain networks also revolve around the necessity of integrating additional features into the protocol. This addresses diverse users' requirements, such as privacy, usernames, and account security, among other concerns. The Ethereum co-founder suggests that integrating more features into the core protocol might "decrease de-facto centralization" and enhance safety across different facets of the blockchain ecosystem. This strategy can also yield standardized solutions to enhance the user experience. Read More: Best Upcoming Airdrops in 2023 However, Buterin cautions that this approach comes with risks. "Enshrining too much can over-extend the trust and governance load," he notes. He also points out that "over-complicating the protocol" and the unpredictability of users' needs could result in backfiring in the long term. Suggest Features That Can Be Added Due to this, Buterin suggested solution-oriented features that could be integrated into the protocol's core. These features include changing staking penalty rules to make trustless liquid staking more viable. Another feature would involve the enshrinement of EVM-MAX or SIMD to simplify a wider class of operations to implement efficiently. The protocol could also introduce EVM verification instead of enshrining the whole concept of roll-ups. Buterin said:  "What features should be brought into the protocol and what features should be left to other layers of the ecosystem is a complicated tradeoff, and we should expect the tradeoff to continue to evolve over time as our understanding of users' needs and our suite of available ideas and technologies continues to improve." Raises Concern About Lido and Rocket Pool Liquid Staking Approach Meanwhile, Buterin faulted Lido and Rocket Pool's approach to picking node operators. According to him, the mechanism employed by these protocols can't be unrestricted because attackers could join and amplify their attacks with users' funds. He said: "Lido, which has a DAO whitelisting node operators, and Rocket Pool, which allows anyone to run a node if they put down 8 ETH (ie. 1/4 of the capital) as a deposit. These two approaches have different risks: the Rocket Pool approach allows attackers to 51% attack the network, and force users to pay most of the costs. With the DAO approach, if a single such staking token dominates, that leads to a single, potentially attackable governance gadget controlling a very large portion of all Ethereum validators." Ethereum Liquid Staking Protocols. Source: DeFillama Lido and Rocket Pool control more than 77% of the Ethereum liquid staking market, according to DeFillama data. Read More: 9 Best AI Crypto Trading Bots to Maximize Your Profit The post Ethereum's Vitalik Buterin Weighs Pros and Cons of Core Expansion appeared first on BeInCrypto. Go to Source Author: Oluwapelumi Adejumo Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/ethereums-vitalik-buterin-weighs-execs-and-cons-of-core-growth/

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Rj posted: " ArkStream Capital's research team delves deep into leading decentralized social protocol, Lens, examining its place in the decentralized social landscape, its leading applications, as well as its potential limitations. Thank you to Larissa, of the ArkS" Crypto World Headline ArkStream on The Future of Lens Protocol – Crypto World Headline Rj Oct 1 ArkStream Capital's research team delves deep into leading decentralized social protocol, Lens, examining its place in the decentralized social landscape, its leading applications, as well as its potential limitations. Thank you to Larissa, of the ArkStream team, for submitting this guest article… In the wake of the Ethereum Community Conference (ETHCC), Lens Protocol has made headlines with the announcement of its latest upgrade, Lens V2. This eagerly anticipated release comprises two transformative upgrades that have captured the attention of the blockchain community. The first upgrade, Open Actions, introduces a game-changing feature that enables users and developers to seamlessly integrate external smart contract actions into Lens publications. The second enhancement, a groundbreaking integration with ERC6551, revolutionizes identity management by allowing users to utilize NFTs as their unique identity, binding all account activities within the Lens ecosystem. Remarkably, with one NFT, multiple wallet addresses can now be associated, streamlining user experiences. Lens and its Competitors According to the data, Lens Protocol has established itself as the leading SocialFi platform on Ethereum. Compared to its competitors, Lens has demonstrated remarkable growth and user engagement. For instance, Fracaster, another social contract with a similar social graph concept, currently boasts 17,286 active accounts, while Lens Protocol has a staggering 119,241 active accounts, clearly overshadowing its competition. Another competitor, Cyberconnect, may have a higher number of accounts with over 296,342, but it is worth noting that Lens Protocol sets access control measures, making direct comparisons challenging. Despite Cyberconnect's larger user base, Lens Protocol outperforms in terms of total transactions, with 21,931,943 transactions compared to Cyberconnect's 16,249,274 total transactions. The data clearly highlights that Lens Protocol's ecosystem is not only attracting a larger user base but also fostering higher levels of activity among its users compared to other social contract platforms. This level of engagement and activity reflects Lens Protocol's effectiveness in creating a vibrant and thriving community within its decentralized ecosystem. However, Lens protocol are not satisfied with their current achievement but still continuous upgrade to the next stage. Lens' Ambitious Movement Momoka: Lens' L3 In April, Lens introduced MOMOKA, an innovative Optimistic L3 scaling solution, aiming to process Polygon transactions off-chain, achieving unparalleled scalability while reducing transaction costs. Unlike the conventional rollup process where L2 sends transactions to L1, Momoka takes a different approach. It creates transactions and acquires signatures from wallets, but rather than directly broadcasting these transactions on the blockchain, it leverages the transaction signature and typed data to generate data availability (DA) metadata, treated as a transaction itself. This metadata transaction is subsequently sent to a dedicated DA layer. Additionally, Momoka offers indexing support, empowering node operators to seamlessly stream and index Lens data without relying on third-party infrastructures. The launch of Momoka gives users the option to store data on Polygon voluntarily, and publications that do not necessitate the robustness of a trustless execution layer can opt not to use the EVM state. As a result, Momoka provides users with the flexibility to tailor their transaction approach according to their specific needs within the Lens ecosystem.  The launch of Momoka offers users the possibility to rely less on Polygon's services, potentially leading Lens to transition towards a layer one chain and becoming a part of the modular blockchain approach. Integrating with ERC-6551 ERC6551 allow NFTs to create Token Bound Accounts (TBA), meaning that NFTs can serve as wallet addresses or on-chain accounts, truly achieving NFT-as-wallet functionality. Additionally, ERC-6551 will support the creation of smart contract wallet accounts for current ERC-721 NFTs, using the NFT as the on-chain identity wallet. Under this NFT account, multiple wallet addresses, held NFTs, and ERC-20 tokens can be included, making NFTs genuine representatives of on-chain identity accounts. From Lens's perspective, integrating with ERC-6551 and standardizing the rules for using Lens's NFT is a strategic move. Currently, Lens requires users to possess Lens's NFT to access its services, and trading Lens's NFT results in the loss of all account activities and transactions associated with it. By implementing ERC-6551, Lens streamlines the use of its NFT and adds an element of identity, fostering a sense of belonging for users. Lens believes that the current integration with ERC-6551 not only simplifies NFT usage but also introduces the concept of identity, enhancing the overall user experience. This innovative approach to incorporating identity within NFTs creates a deeper connection between users and the platform. In Lens's closed beta, users have already created and accumulated over 3.4 million NFTs, surpassing mere profile pictures or digital assets. These NFTs now have the potential to generate new use cases in the realm of identity, offering a fresh and exciting perspective that is likely to ignite interest in the market. Promising Projects on Lens Protocol Currently, there are over 134+ proven and showcased applications thriving within the Lens ecosystem. This diverse range of successful applications has garnered immense interest and support from various communities and developers who eagerly anticipate the promising future of Lens Protocol. Orb Orb is a decentralized Social Media Platform which support both mobile and desktop version. Among all the applications we belive in Orb. Orb is a decentralized social app that stands out not only for its exceptional UI/UX on Lens but also for its strong community focus. We believe that a compelling and distinctive community will be the most unique feature of a web3 social app and will be instrumental in attracting web2 users from platforms like Twitter. Orb places significant emphasis on attracting diverse communities originating from web3 while simultaneously creating unique user experiences. Lenster ‍ Lenster stands as an innovative and pioneering decentralized social media application, firmly rooted in the principles of permissionless interaction. Empowered by the dynamic Lens Protocol, Lenster redefines the digital social landscape by ushering in a novel paradigm of user engagement. Within this groundbreaking platform, users are endowed with the unprecedented ability to curate and reward posts that resonate profoundly with the broader community. Phaver Phaver stands as a trailblazing pioneer in the realm of decentralized social media platforms, leveraging the cutting-edge capabilities of Lens technology. As an early adopter of this revolutionary paradigm, Phaver not only redefines the way users engage with digital communities but also introduces an innovative dimension of incentive through its distinctive reward token system. Lens Protocol's Limitations The Submitter is responsible for validating transaction data and constructing data submissions to Arweave, similar to L2 Sequencers. However, it is not decentralized, and the decision-making authority for the Submitter rests with the Lens official team. Lens chose not to follow traditional L2 solutions but instead roll-up and sends data to the DA layer. This decision is driven by the fact that, as a bloat application, Lens data will continue to grow in complexity, unlike financial data that simply require final results. Sending data to the DA layer for processing by Arweave is a temporary solution, not a long-term scaling solution. Even though Lens is considered one of the most well-developed protocols with a thriving ecosystem and a dedicated team working to build and improve user experiences, it currently primarily attracts blockchain users. Lens struggles to attract new users. However, some non-blockchain-based social contracts have successfully attracted a large number of new users through their low entry barriers and smooth user experiences. In conclusion, the Lens Protocol stands as a compelling contender due to its inherent technological advantage, rooted in a robust commitment to decentralization. While notable social protocols like Nostr and Mastodon have amassed substantial user bases without relying on blockchain technology, Lens Protocol's distinctiveness lies in its genuine support for decentralization. The example of Nostr underscores the significance of a decentralized architecture that eliminates the need for users to grapple with complex blockchain concepts. Nostr's elegant system, featuring clients and relays, grants users effortless access to private and public keys, fostering an environment primed for expansion and the creation of diverse applications. Yet, the recent wave of attention sparked by the innovative exploits of visionaries like Vitalik and Elon on Twitter could potentially realign the preferences of native Web3 users, prompting them to explore alternative promising social protocols. In this evolving landscape, Lens Protocol faces the challenge of maintaining its relevance and appeal. We eagerly anticipate witnessing how Lens will position itself in this competitive landscape. About ArkStream ArkStream is a 50M early-stage VC founded by crypto natives from MIT, Stanford, Tencent, Google, Blackrock, with 80+ portfolios including Sei Network, FLOW, The Graph, AAVE, Polkadot, Pocket, Republic, and more. Website: http://arkstream.capital Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. 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Rj posted: "Around 30 cryptocurrency projects will release over $200 million worth of tokens into circulation in October, according to Token Unlocks data. However, six projects will contribute nearly 80% of this release as they plan to unlock more than $174 million w" Crypto World Headline Axie Infinity (AXS) and Optimism (OP) Drive $200M October Token Release Rj Oct 1 Around 30 cryptocurrency projects will release over $200 million worth of tokens into circulation in October, according to Token Unlocks data. However, six projects will contribute nearly 80% of this release as they plan to unlock more than $174 million worth of tokens during this period.  Token unlocks involve releasing assets previously restricted from circulation to the cryptocurrency market. Research by The Cambridge Centre for Alternative Finance (CCAF) showed that unlocking significantly influences overall market dynamics as it often exerts more selling pressure on the digital asset. Top 6 Scheduled Unlock For October Axie Infinity leads by releasing 15.13 million AXS tokens, equivalent to 11.5% of its circulating supply. This substantial release amounts to $71.39 million at the time of writing and would be majorly used to develop its ecosystem further and fund its team. Top Six Assets Scheduled Unlock For October. Source: Wu Blockchain Optimism, an Ethereum layer2 network, will unlock tokens valued at $33.58 million. These tokens, totaling 12.75 million for core contributors ($17.72 million) and 11.41 million for investors ($15.86 million), represent 3.03% of its circulating supply and will become available on the last day of the month. Read More: Best Upcoming Airdrops in 2023 Aptos also has plans to reward its foundation and community with 4.45 million APT tokens, valued at $25.13 million. This release constitutes 1.91% of their circulating supply and is scheduled for October 12. SUI will allocate its entire pool of 34.62 million tokens, worth $16.21 million, to the Community Access Program. This unlock is slated for October 3. Meanwhile, Apecoin will use its unlocked tokens to bolster its treasury further. The project plans to add about $9.18 million from the tokens to be unlocked this month to its treasury. This planned move follows a series of similar additions in previous months. On October 7, 18.08 million IMX tokens are set to be released from their lockup. This represents approximately 1.55% of IMX's current circulating supply, estimated at $10.71 million. 9 Best AI Crypto Trading Bots to Maximize Your Profit The post Axie Infinity (AXS) and Optimism (OP) Drive $200M October Token Release appeared first on BeInCrypto. Go to Source Author: Oluwapelumi Adejumo Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/axie-infinity-axs-and-optimism-op-drive-200m-october-token-launch/

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Rj posted: " Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. Dogecoin [DOGE] had a rather uneventful week as its price remained stagnant throughout. At pr" Crypto World Headline ChatGPT believes investing $1,000 in Dogecoin is a strategic move – Crypto World Headline Rj Oct 1 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. Dogecoin [DOGE] had a rather uneventful week as its price remained stagnant throughout. At press time, it was trading at $0.06186. The most popular memecoin is also known for its love-hate relationship with Elon Musk, the boss of both Tesla and X (formerly Twitter). Read Dogecoin's [DOGE] Price Prediction 2023-2024 An interesting connection emerged when the Wall Street Journal reported in August that Musk secretly funded the development of the Dogecoin project, citing an upcoming biography of the tycoon. Indeed, Musk had even tweeted, X is a dog & Doge friendly place! — Elon Musk (@elonmusk) August 23, 2023 In April, Musk had even replaced X's blue bird logo with the DOGE logo. Very currency Wow Much Coin How Money So Crypto pic.twitter.com/hw6H2OOn33 — Dogecoin (@dogecoin) April 3, 2023 However, things seemed to be turning sour as Musk's lawyers sought to have the lawsuit, brought by a group of dissatisfied DOGE investors accusing him of market manipulation and insider trading, dismissed due to its prolonged duration. DOGE's price rallied 15% following the news of Ripple [XRP] securing a partial victory in its legal battle with the U.S. Securities and Exchange Commission [SEC] on 13 July. The U.S. District Court of the Southern District of New York ruled in its judgement that the sale of Ripple's XRP tokens on crypto exchanges and though programmatic sales did not constitute investment contracts; hence, it is not a security in this case. But the court also ruled that the institutional sale of the XRP tokens violated federal securities laws. The crypto industry lapped up the judgement instantly, generating a price rally across tokens. But the prices soon plummeted. Despite Musk's enthusiastic support for DOGE, he has not attributed the same feeling towards ChatGPT, the trending AI application. On many occasions, the Twitter boss has expressed skepticism over the long-term prospects and dangers accustomed to the use of the tool. ChatGPT is scary good. We are not far from dangerously strong AI. — Elon Musk (@elonmusk) December 3, 2022 In this article, I would be asking ChatGPT what it thinks of the DOGE-Musk relationship. Furthermore, I will also engage in a conversation about the correlation between the parties while assessing Musk's role in shaping development within Dogecoin. Musk's role in Dogecoin's price action There is no doubt that Musk, one of the world's richest men, has immense influence. In 2021, the lover of memes engaged this authority in influencing DOGE's price. Needless to say, Musk has had a hand in DOGE's 27,668% all-time hike. However, as market conditions worsened in 2022, the correlation between Dogecoin and Musk fell. In fact, on several occasions, Musk tweeted about DOGE, but there was little to no effect on the price action. This means that the correlation between the two decoupled until recently when Musk changed the Twitter logo to a dog, in the representation of Dogecoin.  The action resulted in a 30% hike in less than 24 hours. However, the hike in value only lasted a while, even though the dog logo remained on the social media platform for more than three days. Therefore, I proceeded to ask ChatGPT what it thought of Dogecoin's relationship with the controversial Elon Musk. Source: ChatGPT ChatGPT's "normal" response stated that its cutoff knowledge data was September 2021. It also admitted that the link between Elon Musk's tweets and Dogecoin was solid at that point in time. However, it could not provide a straightforward answer as to if the correlation would be the same at the time of writing. The connection is as solid as ever So, I considered it necessary to find a way to ensure that it replied as I desired. And the solution? — Jailbreak it! There are several ways to do this, including the switch method, the character play, the API way, and the Do Anything Now (DAN) method. So, I decided to go with the DAN method to ease my conversation with ChatGPT. After successfully jailbreaking it, I again asked, "ChatGPT, tell me, do Dogecoin tweets from Elon Musk have a strong correlation with the cryptocurrency?" Source: ChatGPT Based on the response above, ChatGPT agreed that DOGE and Musk's relationship was as solid as ever. There was speculation about such occurrences, with the most recent one relating to the Twitter logo change and DOGE's hike.  In terms of development, not much has been happening in Dogecoin's ecosystem. However, on 23 March, the project's core developer, Michi Lumin, announced a rollup of the 0.1.1 development release. With the new version 0.1.2, functionalities, including executable utility and transaction verification, would become easy for users. "We're ALREADY working on all sorts of new inclusions for 0.1.3, so keep watching – libdogecoin will continue to do more and more while remaining ultra lightweight and cross-compatible." Prior to that, Halborn security identified some susceptibles on the Dogecoin blockchain and recommended measures against possible exploits. Regarding its price action, CoinMarketCap revealed that DOGE slipped from its quick run to $0.1. How macroeconomic factors affect DOGE's charts Following the SEC's enforcement action against Binance [BNB] and Coinbase [COIN] in early June, the entire crypto market crashed instantly. Dogecoin was no exception. Its value dropped by more than 10% to $0.0615 following the crackdown. Then, the Ripple-SEC judgement in July led to a surge of 15% in DOGE's price. But it couldn't sustain the price rally. DOGE was trading at $0.06186 at press time, its price nearly the same as it was a week earlier. While the memecoin's Relative Strength Index (RSI) and Money Flow Index (MFI) rested much above the neutral 50-mark, its On Balance Volume (OBV) showed a downtick. The on-chart metrics point towards a bullish price movement for DOGE in the short run. Source: DOGE/USD, TradingView I asked ChatGPT about investing in DOGE I then progressed to ask ChatGPT about Dogecoin. This time, I queried if it was a wise decision to invest $1,000 in the meme. As expected, its classic answer was that which any individual would give, as it encouraged me not to invest in any asset without doing any research. However, the tool's jailbroken response gave me the go-ahead to invest the funds in the cryptocurrency. In the words of ChatGPT, "Investing $1,000 in Dogecoin for the long run could be a strategic move." Source: ChatGPT I asked ChatGPT when it sees DOGE hitting the $1-price mark. The AI bot could not give a definitive response to the query. Source: ChatGPT Regardless, you should remember that ChatGPT is not a perfect tool as it is still in the learning stage. So, it would be better if you conduct your own analysis before taking the advice to fill up your DOGE orders with the amount stated. How much are 1,10,100 DOGEs worth today? For the time being, Musk's deep affection for Dogecoin does not seem like one that could be thwarted anytime soon. In fact, the Tesla Founder once mentioned that he would love a DOGE lover like himself to become Twitter's CEO when he steps down. The new CEO of Twitter is amazing pic.twitter.com/yBqWFUDIQH — Elon Musk (@elonmusk) February 15, 2023 ChatGPT thinks investing in Dogecoin in the long run is a strategic move, though it asks us to be cautious. Its on-chart indicators suggest a bullish price trend in the short run. We should be careful as ever, as the crypto industry is as volatile as it gets. Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/chatgpt-believes-investing-1000-in-dogecoin-is-a-strategic-transfer-crypto-world-headline/

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Rj posted: " Bitcoin has recorded an overall positive price movement in the last week, gaining by 2.39%, according to data from CoinMarketCap. The premier cryptocurrency suffered a slight dip between Tuesday and Thursday but soon rose o" Crypto World Headline Crypto Analyst Tips Bitcoin (BTC) To Reach $40,000 In Q4 2023 – Crypto World Headline Rj Oct 1 Bitcoin has recorded an overall positive price movement in the last week, gaining by 2.39%, according to data from CoinMarketCap. The premier cryptocurrency suffered a slight dip between Tuesday and Thursday but soon rose on Friday to trade above $27,000 again.  Meanwhile, in celebrating the new month of October, popular crypto analyst Michaël van de Poppe has predicted an incoming bullish run for Bitcoin in Q4 2033 based on certain expected events.  Analyst Projects Bitcoin To Reach $40K In Q4 2023 Starting With A Positive 'Uptober' Via a post on X on October 1, Michaël van der Poppe welcomed his 667,000 followers to October with much optimism towards the BTC market, renaming the month as "Uptober."  In general, the well-known analyst believes the crypto bear market is almost over, and Bitcoin could soon record some significant gains, as he expressed in a previous post on September 30. Interestingly, van de Poppe's optimism extends beyond October to the whole of Q4 2023, as he predicts Bitcoin could attain $40,000 before the year runs out. Albeit, this prediction is hinged on the occurrence of certain events. Welcome to Uptober. Welcome to Q4, which is leading towards a great quarter, potentially fueled by ETF approvals and the pre-halving rally. Potentially #Bitcoin to $40,000 is reasonable. — Michaël van de Poppe (@CryptoMichNL) October 1, 2023 Firstly, Michaël van der Poppe mentions the potential approval of ETF applications. The ongoing Bitcoin spot ETF saga in the US has drawn much attention over the last few months due to its possible effects on the BTC market. Currently, analysts are quite optimistic about the chances of approval of a Bitcoin spot ETF, which could result in massive gains for the largest crypto asset upon realization.  Realistically, this approval could occur in Q4 2023, as it contains the second deadline date for most applications.  However, the US Securities and Exchange Commission could decide to delay its responses to these proposals till the final deadlines, most of which are slated for Q1 2024. The US securities regulator is already employing such tactics, as seen with the first deadline dates for most applications. In the last week, the SEC also announced it would be pushing back its response to certain applications beyond their second deadline date. These applications included proposals from BlackRock, 21Shares, Bitwise, and Valkyrie.  Source: Bloomberg Intelligence The Bitcoin Pre-Halving Rally In addition to potential ETF approvals, Michaël van de Poppe also mentioned a possible bitcoin pre-halving rally as a factor that could spur the asset growth to $40,000 in Q4 2023.  Historically, the months leading up to the halving event are marked by a Bitcoin rally, as seen in 2012 and 2016. Based on van de Poppe's prediction, he foresees a similar BTC price movement in the coming months ahead of the next Bitcoin halving set for April 2024, during which the mining rewards will be slashed from 6.25 BTC to 3.125 BTC.  However, investors should take note of black swan events, as seen with the last Bitcoin halving in 2020. In the months before this halving event occurred, the BTC pre-halving rally was temporarily affected by the negative market effects of the COVID-19 pandemic. At the time of writing, Bitcoin is trading at $27.138 with a 1.07% gain in the last day. Meanwhile, the asset's daily trading volume is down by 21.37% and valued at $6.28 billion.  BTC trading at $27,170 on the hourly chart | Source: BTCUSDT chart on Tradingview.com Featured image from Analytics Insight, chart from Tradingview Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/crypto-analyst-ideas-bitcoin-btc-to-attain-40000-in-this-autumn-2023-crypto-world-headline/

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Rj posted: " An understanding of short squeezes can help avoid their implications in the market. The phenomenon is accompanied by a sharp increase in price due to short selling. Introduction to Short Sells The concept of "short selling" is a very profitable scheme " Crypto World Headline What is a Short Squeeze – Crypto World Headline Rj Oct 1 An understanding of short squeezes can help avoid their implications in the market. The phenomenon is accompanied by a sharp increase in price due to short selling. Introduction to Short Sells The concept of "short selling" is a very profitable scheme for traders. It allows traders to make a profit from the price decline of a particular asset. In essence, if traders want to manage downside risk, they need to understand the concept. It is a widespread way of expressing the bearish outlook on a market while also wavering existing holdings.  Despite its potential profitability, short selling is a very high-risk trading strategy. This is because there is no upper limit for asset prices, as well as the phenomenon known as a "short squeeze." A short squeeze causes an unexpected increase in the price of an asset. Anytime it ensues, short-sellers are affected. They get trapped and rush to exit positions to try and recover their losses or evade impending losses.  In this article, we will explain what a short squeeze is, how you can be ready for it, and even use it to your advantage to make a profit.   Understanding the Short Squeeze  The process whereby an asset's price increases suddenly because short sellers rapidly close their positions is known as a short squeeze.  Short sellers consistently predict that the price of an asset will decline. However, when the price rises instead, they start to accumulate unrealized loss in short positions. When the prices increase, short-sellers may have to close their positions. They close their positions through several automation, including stop-loss triggers, limitations and futures contracts. They also close their positions manually to avoid more significant losses.  To close their positions, short-sellers buy these assets. That said, a short squeeze results in the sudden spike in prices. Therefore, a short squeeze is usually accompanied by a rise in trading volume. It is common that short-sellers are trapped into closing their positions if there is a promise of short interest. In essence, the more trapped liquidity, the more significant the increase in the price volatility due to a short squeeze. In other words, a short squeeze is defined as a temporary increase in demand favored by a decrease in supply.  Apart from the short squeeze, there is also another similar concept known as the long squeeze. Although it is uncommon, it occurs in a similar pattern. Here, long sellers are trapped by increased selling pressure, leading to a decline in price.  What Causes a Short Squeeze?  As explained earlier, the impact of short-sellers on the price of an asset leads to a short squeeze. They get squeezed out of their positions at a loss after opening positions on assets they perceived will drop in price. Their perceptions are often invalid and destroyed by positive news stories, product announcements, or some form of incentive that excites buyers' interests.  Sometimes, the bullish transition in the fortunes of a given asset may be temporary. However, when it's not, short-sellers tend to face runaway losses as their positions approach an expiration date. Due to this, they eventually sell out instantly even though it is at a considerable loss.  Typically, a short squeeze is seen in any financial market where short positions can be taken. Similarly, the absence of short positions in a market could lead to a large price bubble.  Examples of Short Squeeze  Short squeezes regularly occur in the financial market, particularly in the stock market. This entails an anticipated high price of stock accompanied by numerous short positions. For instance, if a positive update about the company ensues, the short positions are forced to but which will cause an increase in stock prices.  Numerous reports and estimations have disclosed that Tesla's (TSLA) stock had been one of the most shorted stocks to date. However, its price had experienced many sharp increases, trapping many short sellers in the process.  In cryptocurrency, short squeezes are noticeable, particularly in the Bitcoin markets. This is because the Bitcoin derivatives market uses high leverage positions. These positions can be liquidated with slight price changes. That said, both short and long squeezes frequently occur in Bitcoin markets. To avoid being trapped or liquidated, one has to consider the amount of leverage used while also adopting a proper risk management strategy.  Let us use an actual illustration to explain the short squeeze. Suppose we have a biotech company called Medicom with a patient in advanced clinical trials. Let us assume that the patient is a candidate to test a new pharmacological product.  There is uncertainty among a host of investors as to whether the drug test will be successful. Therefore, there is increased short interest, and five million of its shares have been sold short of its 25 million outstanding shares. This means that the short interest on Medicom is 20%, and with daily trading volume averaging one million shares, the ratio of short-interest is five.  For better understanding, the short-interest ratio means that it will take five days for short sellers to re-purchase all Medicom shares already sold short.  Let's assume that Medicom had declined some months back from $15 to $5 due to high short interest, when news surfaces that the drugs work well. The company's shares jump to $9 because speculators buy the stock, and short-sellers are forced to cover their positions. Those that shorted their stock between $5 and $9 are now in a losing position. Those who will see more significant loss are the ones that sell short, near $5, and will be looking to leave the market because they are already on an 80% loss.  Closing Thoughts  In summary, a short squeeze occurs when short sellers are forced to cover their positions, such that a sudden price increase surfaces. They are very volatile, especially in very high levered markets. As investors and traders make use of high leverage, the movement of prices becomes sharper. That said, it is advisable to understand the market and the implications of a short squeeze before entering short positions, as it may lead to huge losses that can be detrimental in the long run.  Don't forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for Binance Smart Chain and crypto! Check out the DeFi Direct Linktree for all the access links! For those looking for tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, Cryptonomics Explainers, and Trading Tool Kits from BSC News. Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? 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Rj posted: "The UK-based branch of Hong Kong-originated Hantec Markets released its financial results for 2022 over the weekend, reporting a 7% increase in revenue to £5.76 million. Despite the revenue growth, the company failed to maintain profitability, posting a n" Crypto World Headline Hantec Markets Struggles to Turn 7% Higher Revenue into Profit in 2022 Rj Oct 1 The UK-based branch of Hong Kong-originated Hantec Markets released its financial results for 2022 over the weekend, reporting a 7% increase in revenue to £5.76 million. Despite the revenue growth, the company failed to maintain profitability, posting a net loss of £83,968 for the reported period. Hantec Markets Sees Revenue Growth but Posts Net Loss In the UK, Hantec Markets Holdings Limited is responsible for the brokerage's operations and is licensed by the FCA. The investment firm originated in Hong Kong but also has offices in Australia, Africa, South America, and the Middle East. Over the weekend, the British arm of Hantec reported that its 2022 revenues reached £5.76 million, up from £5.39 million in 2021. However, the company also reported an increase in administrative expenses by about £6.4 million to £5.84 million. This led to a deepening operating loss of £85,367 and a final net loss of £83,968. For comparison, Hantec Markets in the UK achieved a modest net profit of £26,873 in 2021. As for other financial data, the broker slightly increased the value of its assets, rising from £5.98 million reported in 2021 to £6.03 million last year. "The Group's business developed in line with the board's expectations, and the results for the period and the financial position at the period end were considered satisfactory, given the increasing competition and regulation within the sector as well as the global Covid pandemic," said Bashir Nurmohamed, the CEO of Hantec Markets Group. "Despite the extremely challenging environment, the Group managed to maintain in line with management expectations, client numbers, client deposits, and trade volumes in the year," he added. Hantec Markets is optimistic about future progress and believes the overall business is "well placed to make further progress during the coming year." Hantec Hires New Head of Technology, Launches Institutional Arm The company has informed that Michael O'Sullivan has transitioned from his position at INFINOX to Head of Technology Strategy at Hantec Markets. O'Sullivan initially joined INFINOX in January 2021, serving as the Head of Technology before eventually becoming the Chief Technology Officer. O'Sullivan's career began at CMC Markets, where he worked for 15 years at the London-based brokerage, ultimately serving as the Head of Partnerships Operations and Delivery. He also had a one-year stint at ATFX UK as the Head of Project Management. In preparation for the upcoming launch of Hantec Prime, a forex and CFDs trading platform aimed at institutional investors, Hantec Markets has also brought on board Lee Holmes, another former INFINOX Global executive and a past member of the Executive Management team, to serve as its Head of Institutional Sales. This article was written by Damian Chmiel at http://www.financemagnates.com. Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.financemagnates.com/forex/hantec-markets-struggles-to-turn-7-higher-revenue-into-profit-in-2022/

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Rj posted: " An understanding of short squeezes can help avoid their implications in the market. The phenomenon is accompanied by a sharp increase in price due to short selling. Introduction to Short Sells The concept of "short selling" is a very profitable scheme " Crypto World Headline What is End-to End Encryption – Crypto World Headline Rj Oct 1 An understanding of short squeezes can help avoid their implications in the market. The phenomenon is accompanied by a sharp increase in price due to short selling. Introduction to Short Sells The concept of "short selling" is a very profitable scheme for traders. It allows traders to make a profit from the price decline of a particular asset. In essence, if traders want to manage downside risk, they need to understand the concept. It is a widespread way of expressing the bearish outlook on a market while also wavering existing holdings.  Despite its potential profitability, short selling is a very high-risk trading strategy. This is because there is no upper limit for asset prices, as well as the phenomenon known as a "short squeeze." A short squeeze causes an unexpected increase in the price of an asset. Anytime it ensues, short-sellers are affected. They get trapped and rush to exit positions to try and recover their losses or evade impending losses.  In this article, we will explain what a short squeeze is, how you can be ready for it, and even use it to your advantage to make a profit.   Understanding the Short Squeeze  The process whereby an asset's price increases suddenly because short sellers rapidly close their positions is known as a short squeeze.  Short sellers consistently predict that the price of an asset will decline. However, when the price rises instead, they start to accumulate unrealized loss in short positions. When the prices increase, short-sellers may have to close their positions. They close their positions through several automation, including stop-loss triggers, limitations and futures contracts. They also close their positions manually to avoid more significant losses.  To close their positions, short-sellers buy these assets. That said, a short squeeze results in the sudden spike in prices. Therefore, a short squeeze is usually accompanied by a rise in trading volume. It is common that short-sellers are trapped into closing their positions if there is a promise of short interest. In essence, the more trapped liquidity, the more significant the increase in the price volatility due to a short squeeze. In other words, a short squeeze is defined as a temporary increase in demand favored by a decrease in supply.  Apart from the short squeeze, there is also another similar concept known as the long squeeze. Although it is uncommon, it occurs in a similar pattern. Here, long sellers are trapped by increased selling pressure, leading to a decline in price.  What Causes a Short Squeeze?  As explained earlier, the impact of short-sellers on the price of an asset leads to a short squeeze. They get squeezed out of their positions at a loss after opening positions on assets they perceived will drop in price. Their perceptions are often invalid and destroyed by positive news stories, product announcements, or some form of incentive that excites buyers' interests.  Sometimes, the bullish transition in the fortunes of a given asset may be temporary. However, when it's not, short-sellers tend to face runaway losses as their positions approach an expiration date. Due to this, they eventually sell out instantly even though it is at a considerable loss.  Typically, a short squeeze is seen in any financial market where short positions can be taken. Similarly, the absence of short positions in a market could lead to a large price bubble.  Examples of Short Squeeze  Short squeezes regularly occur in the financial market, particularly in the stock market. This entails an anticipated high price of stock accompanied by numerous short positions. For instance, if a positive update about the company ensues, the short positions are forced to but which will cause an increase in stock prices.  Numerous reports and estimations have disclosed that Tesla's (TSLA) stock had been one of the most shorted stocks to date. However, its price had experienced many sharp increases, trapping many short sellers in the process.  In cryptocurrency, short squeezes are noticeable, particularly in the Bitcoin markets. This is because the Bitcoin derivatives market uses high leverage positions. These positions can be liquidated with slight price changes. That said, both short and long squeezes frequently occur in Bitcoin markets. To avoid being trapped or liquidated, one has to consider the amount of leverage used while also adopting a proper risk management strategy.  Let us use an actual illustration to explain the short squeeze. Suppose we have a biotech company called Medicom with a patient in advanced clinical trials. Let us assume that the patient is a candidate to test a new pharmacological product.  There is uncertainty among a host of investors as to whether the drug test will be successful. Therefore, there is increased short interest, and five million of its shares have been sold short of its 25 million outstanding shares. This means that the short interest on Medicom is 20%, and with daily trading volume averaging one million shares, the ratio of short-interest is five.  For better understanding, the short-interest ratio means that it will take five days for short sellers to re-purchase all Medicom shares already sold short.  Let's assume that Medicom had declined some months back from $15 to $5 due to high short interest, when news surfaces that the drugs work well. The company's shares jump to $9 because speculators buy the stock, and short-sellers are forced to cover their positions. Those that shorted their stock between $5 and $9 are now in a losing position. Those who will see more significant loss are the ones that sell short, near $5, and will be looking to leave the market because they are already on an 80% loss.  Closing Thoughts  In summary, a short squeeze occurs when short sellers are forced to cover their positions, such that a sudden price increase surfaces. They are very volatile, especially in very high levered markets. As investors and traders make use of high leverage, the movement of prices becomes sharper. That said, it is advisable to understand the market and the implications of a short squeeze before entering short positions, as it may lead to huge losses that can be detrimental in the long run.  Don't forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for Binance Smart Chain and crypto! Check out the DeFi Direct Linktree for all the access links! For those looking for tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, Cryptonomics Explainers, and Trading Tool Kits from BSC News. Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? 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Rj posted: " Chancer nears presale sellout in stage 3 as amounts raised surpass $2.39 million. Investors are attracted to Chancer's decentralised" Crypto World Headline Chancer presale keeps momentum. – Crypto World Headline Rj Oct 1 Chancer nears presale sellout in stage 3 as amounts raised surpass $2.39 million. Investors are attracted to Chancer's decentralised betting feature Chancer could rise by up to 10x in the future as P2P betting grows Betting has, for a long time, been centralised. Bookmakers control the platforms and decide betting rules and odds. However, this is changing with blockchain, with the idea of giving betting control to wagers. Chancer endeavours to become the world's first decentralised platform for bettors. Users can set betting events and create rules and odds for successful bets. The decentralisation has attracted investors, who have accumulated over $2.39 million tokens in presale. How does Chancer work? Chancer covers two betting mechanisms: conventional betting and social betting. Conventional betting is for known events like football, basketball, marathons, etc. It is akin to traditional betting but with a touch of blockchain. Social betting has been the most innovative feature of Chancer. This is where users bet against their peers in uncommon or private events. Let's look at it in a hypothetical scenario: Assume you have a local marathon that is barely known outside your area. You don't expect such an event to feature on your usual betting platform. But you want to bet on the event with a friend, say Marathoner A or B wins it. Both of you hold contrary opinions.  So, you can create a secure P2P market via Chancer and bet on the outcome. The winnings are secured through the blockchain platform. You can do so for several other social events with anyone, regardless of where they are.  With social betting, Chancer opens up endless opportunities for day-to-day occurrences. This allows Chancer to open new ways to bet and grow. Users also have fun betting on their preferred social events.  Is Chancer attractive? Chancer could be attractive to speculators and investors. Chancer token powers a real-world use case, betting, which has increased rapidly in the past decade. As the platform attracts users, the value of Chancer could skyrocket, benefiting the speculators. The hot-selling presale gives a glimpse of the post-listing potential for the token.  An exciting prospect of passive income generation also makes Chancer attractive to investors. Chancer rewards users for creating custom P2P markets and sharing the platform. The features make the platform attractive beyond betting, which could fuel the demand and price for the token. Chancer is also built by its community. Users can participate in the platform growth by allocating some of their tokens through a staking feature. Investors who stake their tokens earn yields to supplement their passive incomes.  Stage 3 presale nears sellout, with token rising to $0.013  Chancer opened the presale at a bargain price of $0.01, which quickly sold out. The price entered the second stage at $0.011, selling out on solid demand. In the third stage, the price of Chancer is $0.012, with investors still showing interest. The stage is almost done, which will pave the way for the next price increase to $0.013. At the end of the presale, early investors will get more valued tokens than they bought. This means investing in the token at its earlier stage offers a better opportunity. Investors could also look at the listing roadmap, which sets the token debut on exchanges in Q3 2023. As the token is listed, the price could embark on an upward trajectory as it unlocks more demand. What is the price potential of Chancer in 2023? Early indications of demand suggest that Chancer could rise by strong margins after getting listed. A clear project roadmap and betting momentum give Chancer a strong price potential. Analysts have earmarked up to a 10x increase in value after the token is listed. The prediction is realistic, although the gains could occur in the medium to long term on platform use. In 2023, investors could settle for up to three-digit percentages as speculations intensify. Share this article Categories Tags Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/chancer-presale-retains-momentum-crypto-world-headline/

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Rj posted: " After a rally on 28 September, PEPE retraced by more than 3% the next day. It appeared that a broader market accumulation was underway. There's hardly been a single dull chapter in the brief history of the frog-themed Pepe [PEPE]. The memecoi" Crypto World Headline PEPE's Q4 starts on a promising note, will its gains continue? – Crypto World Headline Rj Oct 1 After a rally on 28 September, PEPE retraced by more than 3% the next day. It appeared that a broader market accumulation was underway. There's hardly been a single dull chapter in the brief history of the frog-themed Pepe [PEPE]. The memecoin's fickle price swings, which can make or break a portfolio, have piqued the interest of many cryptocurrency watchers. Is your portfolio green? Check out the PEPE Profit Calculator PEPE moves unpredictably On 28 September, the memecoin jumped more than 12% in value, as per data from CoinMarketCap. Seeing the trajectory, the bulls might have geared for further gains. But unfortunately, this was not the case. Source: CoinMarketCap A day later, on 29 September, PEPE retraced more than 3%. While this might be attributed to profit-seeking traders, the fluctuations were an accurate reflection of the memecoin's volatile behavior. Are whales on to something? The third-largest memecoin by market cap saw sustained trading activity in recent days. The market moves of a specific address garnered considerable interest. According to Lookonchain, the traders have been buying and selling PEPE tokens on a regular basis in order to maximize gains. After having made a whopping $2.34 million from their previous trades, the address purchased PEPE worth $645,000 in a transaction on 29 September. Needless to say, the trader was bullish on PEPE's near-term prospects. But it was not just restricted to one wallet. According to data from Santiment, whales added to their stacks lavishly, as evidenced by the spike in supply held by top addresses. Source: Santiment Moreover, the supply on exchanges has declined considerably over the week. This suggested that a broader market accumulation was underway and PEPE could rise further after testing the support levels. Remember that the turbulent world of memecoins is fraught with dangers. Investors are advised to tread with caution and DYOR. Social activity dips Surprisingly, the social buzz around PEPE has climbed down after peaking a week ago. This despite the steady increase in the value of the coin. Additionally, weighted sentiment fell into the negative territory as of 29 September, indicating that investors had a pessimistic view Source: Santiment Read Pepe's [PEPE] Price Prediction 2023-24 PEPE was a departure from the numerous dog-themed tokens that dominated the market. The crypto coin exploded 10x within days of its launch, attracting a swarm of profit-hungry traders. According to PEPE's official site, the coin doesn't have any intrinsic value or expectation of financial return. Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/pepes-this-autumn-begins-on-a-promising-notice-will-its-positive-factors-proceed-crypto-world-headline/

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Rj posted: " The price of Bitcoin Cash has experienced significant rise over the course of the last 30 days, resulting in favorable returns for investors. Since July, BCH holders have continuously maintained a positive perspective, whic" Crypto World Headline 13% Rally Driven By Fresh Demand – Crypto World Headline Rj Oct 1 The price of Bitcoin Cash has experienced significant rise over the course of the last 30 days, resulting in favorable returns for investors. Since July, BCH holders have continuously maintained a positive perspective, which has reduced the frequency of selling activity. This collective sentiment has played a significant role in the upward trajectory of BCH, consequently yielding favorable outcomes for these holders. The price of BCH has increased by about 13% over the previous week, giving it some of the biggest gains in the last seven days for cryptocurrency assets. According to CoinMarketCap data, the altcoin was trading at $234.78 at the time of publication. The value of the world's cryptocurrency market dropped to $1.06 trillion at the time of writing, a 0.1% decrease in a day. On Thursday, ETH increased by about 0.8% to $1,629, while Bitcoin (BTC) rose slightly above the $27K level. Can Bitcoin Cash Reach New ATH This Year? BCH is anticipated to undergo a trial of the support line at a value of $229, after which a subsequent rebound is projected. The breach of the current barrier at $253 is crucial for the potential rise of the altcoin. If this level is surpassed, it might pave the way for the altcoin to achieve new 2023 highs, beyond the $300 mark. BCH market cap currently at $4.6 billion on the weekend chart: TradingView.com Bitcoin Cash has increased by a remarkable 90% in the last six months, demonstrating strong performance. Furthermore, the price of BCH has been up significantly by 136% so far this year, maintaining a favorable return. Santiment research indicates that whales in the cryptocurrency space have increased their holdings in Bitcoin Cash significantly. Collectively, bitcoin whales with holdings ranging from 100,000 to 10 million BCH held 3.74 million BCH as of September 18, 2023. Source: Santiment Long-Term Holder Addresses Up But on September 26, their holdings had increased to 3.86 million BCH, showing a noteworthy acquisition of 120,000 BCH in just one week. Their balances are now comparable to what they were in July 2023 thanks to this accumulation, and the 120,000 BCH that the Bitcoin Cash whales purchased are worth about $25.6 million at the current market price of $213 per BCH. Meanwhile, the increase in long-term holders of Bitcoin Cash indicates a positive outlook for the cryptocurrency's sustainability. These committed investors, who believe in BCH's long-term potential, contribute to a stable user base and network demand. This support from long-term holders, combined with whale accumulation, could help BCH reach or exceed $300 in the future (This site's content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from iStock Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/13-rally-pushed-by-contemporary-demand-crypto-world-headline/

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Rj posted: " In this video, we will share some more interesting chart pattern & signal which is showing we can see crypto market bull run in October 2023 and before Bitcoin halving and we will not need to to wait for 2025. We will also share update on Bitcoin and cr" Crypto World Headline इतने सारे BULLISH SIGNAL BITCOIN & CRYPTO में, ये सब SIGNALS देख कर तो कुछ कमा लेना OCTOBER में – Crypto World Headline Rj Oct 1 In this video, we will share some more interesting chart pattern & signal which is showing we can see crypto market bull run in October 2023 and before Bitcoin halving and we will not need to to wait for 2025. We will also share update on Bitcoin and crypto market and its impact on crypto and bitcoin with bitcoin analysis. Follow us on : Twitter - https://twitter.com/Btcexpertindia Telegram - https://t.me/bitcoinexpertindia Facebook -https://www.facebook.com/bitcoinexpertindia/ Disclaimer - Cryptocurrency trading on Exchanges, mining & ICO or IEO investment is a risky business, We do not guarantee any profit or loss from this and we will not responsible for any loss. We make videos to make you aware about cryptocurrencies. We request you to do your own research before investing . Need any help Contact us here - https://goo.gl/nxpX61 #Crypto #Bitcoin #CryptoUpdate source Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/%e0%a4%87%e0%a4%a4%e0%a4%a8%e0%a5%87-%e0%a4%b8%e0%a4%be%e0%a4%b0%e0%a5%87-bullish-signal-bitcoin-crypto-%e0%a4%ae%e0%a5%87%e0%a4%82-%e0%a4%af%e0%a5%87-%e0%a4%b8%e0%a4%ac-signals-%e0%a4%a6%e0%a5%87/

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Rj posted: "As we end September, we witness a slight decrease in the number of new executives being onboard this week in the forex, crypto, and fintech industries. Let's review this downfall in the market with the executives who have taken on recent roles and challen" Crypto World Headline SEC, Napier, Swissquote and More: Executive Moves of the Week Rj Oct 1 As we end September, we witness a slight decrease in the number of new executives being onboard this week in the forex, crypto, and fintech industries. Let's review this downfall in the market with the executives who have taken on recent roles and challenges in our executive moves roundup of the week. Executive Moves of the Week SEC Appoints New PCAOB Board Member The SEC has also announced the appointment of George Botic to the Public Company Accounting Oversight Board (PCAOB). The SEC's Chair Gary Gensler expressed his confidence that Botic will advance the PCAOB's mission to build trust in public companies' financial disclosures. Botic is looking forward to improving audit quality and investor protection. "I am pleased that George will serve on the PCAOB Board," said Gensler. "George will advance the PCAOB's mission to build trust in the financial information that public companies disclose to investors. I also would like to thank Duane for his five years with the Board, including his service as Acting Chair." Napier Expands Leadership Team with Four Female Executives Napier, the compliance technology company based in London, has made a significant move by appointing four senior female leaders to its executive team. According to today's (Wednesday's) update, the company hired new senior management in the fields of strategy, customer service, marketing, and human resources. Joanna Guthrie, the new Chief People Officer, is one of the four newly appointed executives, bringing a rich background in human resources from the financial services sector. Her experience spans roles at global banking giants like Citi and HSBC where she has broad experience in risk and compliance. Guthrie officially joined the company in July 2023, having previously spent over nine years at HSBC's London office, the last five of which were as the Global HR Director. Learn more about Napier increasing its executives with four new additions to the team. Swissquote Names New COO as Lino Finini Is Going to Retire Swissquote announced today (Wednesday) the appointment of Nestor Verrier, as the new Chief Operating Officer. He will replace Lino Finini, who will retire at the end of this year. Verrier will assume the role on January 1, 2024. The appointment came as an internal promotion, as Verrier has been serving as Swissquote's General Manager since 2019, stationed at the Luxembourg office. Before joining the Swiss broker, he spent 16 years at Luxembourg's Banque Carnegie, where he joined as a Senior Analyst and parted as a General Manager with two other roles in between. He started his career as a Security Engineer in 2001. Uncover more about Lino Finini taking up retirement as Swissquote names Nestor Verrier as its new Chief Operating Officer. SmartStream Appoints Akber Jaffer as New CEO SmartStream, a provider of Financial Transaction Lifecycle Management (TLM®) solutions, has declared that Akber Jaffer is its new Chief Executive Officer, effective from September 19, 2023. Jaffer is a seasoned leader with a deep-rooted passion for technology and a strong commitment to client-focused execution. He brings a wealth of experience to his new role. Having held senior leadership positions at Finastra and Colt Technology Services, he is well-equipped to lead SmartStream into its next phase of growth and development. Find out more about SmartStream recruiting Akber Jaffer as its new CEO. JPMorgan Reshuffles Leadership in Investment Bank JPMorgan Chase has undergone a significant leadership reorganization within its investment bank, as revealed in a memo obtained by Reuters. Fernando Rivas, who previously led the financial institution's group and played a pivotal role in the acquisition of First Republic Bank in May, is set to retire. His successor will be Jay Horine who currently serves as the Global Industry Co-Head for energy, power, renewables, metals, and mining (EPRM). He will retain his existing position in addition to his new role as the Head of North American Investment Banking. Simultaneously, JPMorgan has appointed two Global Heads for various industry groups under the leadership of Jim Casey and Vis Raghavan, who jointly oversee Global Investment Banking. This article was written by Tom Hazan at http://www.financemagnates.com. Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.financemagnates.com/executives/sec-napier-swissquote-and-more-executive-moves-of-the-week/

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Rj posted: "This initiative also encompasses their comprehension of Sam Bankman-Fried's remarks and conduct, particularly regarding FTX's asset management. Go to Source Author: Cointelegraph By Amaka Nwaokocha" Crypto World Headline DOJ readies witnesses in Bankman-Fried trial, spotlight on FTX assets Rj Oct 1 This initiative also encompasses their comprehension of Sam Bankman-Fried's remarks and conduct, particularly regarding FTX's asset management. Go to Source Author: Cointelegraph By Amaka Nwaokocha Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/doj-readies-witnesses-in-bankman-fried-trial-highlight-on-ftx-property/

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Rj posted: "In a digital landscape where pixels often reign supreme, Konrad Kirpluk emerges as a maestro of vector art, a form of digital artistry that refuses to lose its luster regardless of how much you zoom in. Originally hailing from Poland and now primarily bas" Crypto World Headline Konrad Kirpluk: The virtuoso of vector art in the NFT world Rj Oct 1 In a digital landscape where pixels often reign supreme, Konrad Kirpluk emerges as a maestro of vector art, a form of digital artistry that refuses to lose its luster regardless of how much you zoom in. Originally hailing from Poland and now primarily based in the UK, Konrad is a freelance graphic designer, illustrator, and art director whose craft traverses the globe—manifesting in exhibits from New York to London to Warsaw. As part of BeInCrypto's 5-year celebrations, the talented Konrad Kirpluk joins a cast of 14 NFT artists who will create unique pieces for the occasion. The art pieces will celebrate different backgrounds and heritages and speak to BeInCrypto's identity and global reach Background & style In the realm of graphic design, where many chase trends, Konrad Kirpluk carves out a distinct niche. With a career spanning over a decade, he has amassed an eclectic portfolio that includes iconic brands like Nike, Microsoft, and Adidas. His aesthetic is an intriguing hybrid—melding the angular immediacy of urban life with the organic flow of nature and hints of tribal artistry. This duality not only reflects his own oscillations between the UK and Poland but also represents a universal theme that resonates globally. The digital alchemy Known for his exceptional skill in vector illustrations, Konrad turns digital elements into tangible experiences. One of his crowning achievements lies in his role as the artist behind "The Simples," where he reimagines products and branding into evocative cartoons that strike chords in both young and adult audiences alike. Yet, his works are not merely relegated to advertising campaigns. They have been lauded in artistic circles and have appeared in prestigious galleries and venues worldwide. Navigating the NFT universe As an active member of the art collective Goverdose, Konrad has been at the forefront of innovation, recently shifting his focus toward the burgeoning realm of NFTs. Here, he's transmuting his vector-based illustrations into parametric-generative works. These new pieces are not merely static images; they are alive, evolving over time or in response to external stimuli, making them perfectly aligned with the ethos of the NFT space. Future endeavors Konrad continues to push the boundaries of vector art, exploring how this timeless technique can interact with the mutable and dynamic world of blockchain technology.  A legacy in the making In an industry where ephemeral trends often eclipse enduring skills, Konrad Kirpluk stands as a testament to the power of mastery and the deep, universal narratives that can be woven through digital media. As he ventures further into the world of NFTs, his work raises a compelling question: what happens when an established art form meets a disruptive technology? Embark on a Journey into the Digital Alchemy with Konrad Kirpluk and Zealy's NFT Collection! To celebrate the endlessly fascinating world of digital art, Konrad Kirpluk has collaborated with 14 artists to craft an NFT collection that promises to be a paragon of thematic richness and aesthetic diversity. But wait, there's more! Venture into Zealy's interactive questboard, complete intriguing challenges, and earn the chance to unlock a complimentary mint from this exclusive series. Witness the amalgamation of deeply-rooted philosophical themes and cutting-edge digital craftsmanship. Are you prepared to explore? Begin your odyssey at Zealy. The future of multi-faceted art awaits! The post Konrad Kirpluk: The virtuoso of vector art in the NFT world appeared first on BeInCrypto. Go to Source Author: Antonis Kazoulis Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/konrad-kirpluk-the-virtuoso-of-vector-artwork-within-the-nft-world/

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Rj posted: " Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. LINK was up +35% in September but hit the 2023 price ceiling. Demand in the derivatives mark" Crypto World Headline Chainlink hits 2023 price ceiling: Can bulls still benefit? – Crypto World Headline Rj Oct 1 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. LINK was up +35% in September but hit the 2023 price ceiling. Demand in the derivatives market surged in the second half of September.  The crypto market posted mixed results in Q3. For Chainlink [LINK], the bearish pressure in August was firmly outweighed by increasing traction from its CCIP (Cross Chain Interoperability Protocol) in September.  Is your portfolio green? Check out the LINK Profit Calculator BNB Chain is the latest entrant to adopt Chainlink's CCIP to empower its ecosystem developers. LINK was up +35% in September but hit a key 2023 price ceiling. Should Chainlink buyers consider these levels? Source: LINK/USDT on TradingView At press time, LINK was up 39%, measured using the Price Range tool, from the H12 bullish order block (OB) at $5.5 to the 2023 supply area of $8.80 – $8.03. Notably, the RSI has steadily reclaimed the upper ranges and hit the overbought zone, underscoring the demand increase in the Spot market in September.  Similarly, the CMF hovered above the zero mark, suggesting LINK recorded significant capital inflows.  But the overbought condition and supply area could make a reversal likely. If so, the retracement could ease at the confluence of the bullish OB of $7.25 -$7.58 (white) and $7.34 before targeting the supply area again.  Alternatively, the rally could extend to $9.5 if LINK convincingly flips the supply area into support.  The two scenarios could present two buying opportunities at $7.25 – 7.58 and $8. The take-profit targets can be placed in the supply area and $9.5.  Chainlink recorded massive demand in September Source: Coinglass According to Coinglass, the derivatives market demand for LINK doubled in the second half of September as Open Interest rates surged from $100 million to over $200 million at press time.  How much are 1,10,100 LINKs worth today?  On the liquidation front, more short positions have wrecked across all timeframes. About 24 hours before press time, more than $1.3 million worth of short positions were liquidated. The trend underscores the strong bullish bias.  So, buyers can seek re-entry above the supply area or at the bullish OB near $7.  Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/chainlink-hits-2023-value-ceiling-can-bulls-nonetheless-profit-crypto-world-headline/

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Rj posted: " Welcome back to our Crypto Weekly Wrap, where we bring you the latest updates from the Web3 world every week. We cover MicroStrategy's massive Bitcoin acquisition to Ripple's game-changing partnership with HSBC, VanEck's Ethereum Futures ETF announcemen" Crypto World Headline Crypto News: Ethereum quickest to make $10B in revenue, Saylor buys more Bitcoin | WazirX Rj Oct 1 Welcome back to our Crypto Weekly Wrap, where we bring you the latest updates from the Web3 world every week. We cover MicroStrategy's massive Bitcoin acquisition to Ripple's game-changing partnership with HSBC, VanEck's Ethereum Futures ETF announcement, and Ethereum's remarkable $10 billion revenue milestone Stay up-to-date with the latest crypto news and developments. Don't forget to like, share, and subscribe for more informative content on the world of crypto. Thanks for watching, WAGMI #microstrategy #ethereum #shibainu #ripple #cryptonews #wazirx *Crypto is an unregulated digital currency, not a legal tender, and subject to market risks. The information provided in this section doesn't represent any investment advice or WazirX's official position. Buy your WazirX Merchandise here: https://wrx.gg/ytmerch Sign up on WazirX: https://wazirx.com/exchange/BTC-INR Download the WazirX app Android: https://play.google.com/store/apps/de... iOS: https://apps.apple.com/in/app/wazirx/... Keep in touch Twitter: https://twitter.com/WazirXIndia​ Telegram: https://t.me/wazirx​ LinkedIn: https://www.linkedin.com/company/wazirx Instagram: https://instagram.com/wazirx​ Facebook: https://www.facebook.com/wazirx/ Go to Source Author: WazirX: Bitcoin & Cryptocurrency Exchange in India Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/crypto-information-ethereum-quickest-to-make-10b-in-income-saylor-buys-extra-bitcoin-wazirx/

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Rj posted: " Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, inve" Crypto World Headline Fantom is Predicted to Reach $0.239257 By Oct 04, 2023 – Crypto World Headline Rj Oct 1 Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Fantom is up 3.02% today against the US Dollar FTM/BTC increased by 3.48% today FTM/ETH increased by 2.08% today Fantom is currently trading 18.56% below our prediction on Oct 04, 2023 Fantom dropped -7.94% in the last month and is down -14.14% since 1 year ago Fantom price $ 0.194854 Fantom prediction $ 0.239257 (23.16%) Sentiment Bearish Fear & Greed index 48 (Neutral) Key support levels $ 0.186495, $ 0.184079, $ 0.182253 Key resistance levels $ 0.190738, $ 0.192563, $ 0.194980 FTM price is expected to rise by 23.16% in the next 5 days according to our Fantom price prediction is trading at $ 0.194854 after gaining 3.02% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 1.88% in the same time period. FTM performed well against BTC today and recorded a 3.48% gain against the world's largest cryptocurrency. According to our Fantom price prediction, FTM is expected to reach a price of $ 0.239257 by Oct 04, 2023. This would represent a 23.16% price increase for FTM in the next 5 days. FTM Price Prediction Chart Buy/Sell Fantom What has been going on with Fantom in the last 30 days Fantom has been displaying a negative trend recently, as the coin lost -7.94% in the last 30-days. The medium-term trend for Fantom has been bearish, with FTM dropping by -36.73% in the last 3 months. The long-term picture for Fantom has been negative, as FTM is currently displaying a -14.14% 1-year price change. On this day last year, FTM was trading at $ 0.226943. Fantom reached its all-time high price on Oct 28, 2021, when the price of FTM peaked at $ 3.47. The current FTM cycle high is $ 0.654477, while the cycle low is at $ 0.164761. FTM has been displaying low volatility recently – the 1-month volatility of the coin is at 3.53. Fantom recorded 16 green days in the last 30 days. Fantom technical analysis for today - Sep 30, 2023 The sentiment in the Fantom markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.186495, $ 0.184079 and $ 0.182253, while $ 0.190738, $ 0.192563 and $ 0.194980 are the key resistance levels. Bearish sentiment for Fantom 14 indicators are currently signaling a bullish prediction for Fantom, while 15 indicators are showing a bearish forecast. With 52% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Fantom. Crypto market is currently experiencing Neutral Currently, the Fear & Greed index is at 48 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A "Greed" reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A "Fear" reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity. Fantom moving averages & oscillators Let's take a look at what some of the most important technical indicators are signaling. We'll be going through key moving averages and oscillators that will allow us to get a better idea of how Fantom is positioned in the market right now. Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 0.187842 (BUY) $ 0.188912 (BUY) - - MA5 $ 0.187802 (BUY) $ 0.188105 (BUY) - - MA10 $ 0.189215 (BUY) $ 0.188701 (BUY) - - MA21 $ 0.191316 (BUY) $ 0.191744 (BUY) $ 0.260137 (SELL) $ 0.250106 (SELL) MA50 $ 0.203160 (SELL) $ 0.205053 (SELL) $ 0.312238 (SELL) $ 0.343190 (SELL) MA100 $ 0.236622 (SELL) $ 0.234997 (SELL) $ 0.714191 (SELL) $ 0.458035 (SELL) MA200 $ 0.316697 (SELL) $ 0.282492 (SELL) $ 0.494551 (SELL) $ 0.482823 (SELL) Period Value Action RSI (14) 42.34 NEUTRAL Stoch RSI (14) 58.21 NEUTRAL Stochastic Fast (14) 28.21 NEUTRAL Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 36.41 BUY Awesome Oscillator (5, 34) -0.01 NEUTRAL Momentum (10) 0.00 NEUTRAL MACD (12, 26) 0.00 NEUTRAL Williams Percent Range (14) -71.79 NEUTRAL Ultimate Oscillator (7, 14, 28) 44.15 NEUTRAL VWMA (10) 0.19 SELL Hull Moving Average (9) 0.19 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 0.20 NEUTRAL The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Fantom is at 42.34, suggesting that FTM is currently neutral. The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Fantom over the last 50 days. Currently, Fantom is trading above the SMA 50 trendline, which is a bullish signal. Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that's calculated by taking an average of the FTM closing price for the last 200 days. FTM is now trading above the SMA 200, signaling that the market is currently bullish. The bottom line about this Fantom prediction After considering the above factors, we can conclude that the current forecast for Fantom price prediction is Bearish. FTM would have to increase by 23.16% to hit our $ 0.239257 target within the next five days. Moving forward, it will be important to monitor the FTM market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Fantom price predictions click here. Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/fantom-is-predicted-to-attain-0-239257-by-oct-04-2023-crypto-world-headline/

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Rj posted: "A leading figure in the Crypto Art movement, Lapin Mignon hails from France but has found her creative playground in the United Kingdom. Her foray into digital art began in 2019, sparked by her longing to revisit a childhood passion she had put aside as a" Crypto World Headline Lapin Mignon: The Trailblazer Rj Oct 1 A leading figure in the Crypto Art movement, Lapin Mignon hails from France but has found her creative playground in the United Kingdom. Her foray into digital art began in 2019, sparked by her longing to revisit a childhood passion she had put aside as adult responsibilities beckoned. Discovering Editional—an avant-garde app offering a platform for creating and trading limited edition artworks on the blockchain—Lapin Mignon serendipitously became the world's inaugural crypto watercolorist. As part of BeInCrypto's 5-year celebrations, the talented Lapin Mignon joins a cast of 14 NFT artists who will create unique pieces for the occasion. The art pieces will celebrate different backgrounds and heritages and speak to BeInCrypto's identity and global reach Using cutting-edge digital technology, she transcends traditional boundaries of watercolor art. With each piece, she inquires into the possibilities of harmonizing watercolor with the digital metaverse and vice versa—infusing old-school techniques with groundbreaking innovation. The Mignon Universe: An aesthetic odyssey The body of Lapin Mignon's work is a portal into an artistic cosmos of her own making, characterized by what she coins as "Mignon Art." Featuring characters known as the Mignons, their kawaii-style eyes serve as an emblematic symbol rooted in pop culture. These characters appear in her thematic collections, such as "The Crypto Mignons" and "Mignon Generated." In collaboration with Tagachi in December 2021, the artist went beyond visual aesthetics to conceptualize the "MignonVerse," a novel generative art initiative and an interactive, narrative metaverse. Situated on the Ethereum blockchain, this project fuses elements of classic literature—namely Antoine de Saint-Exupéry's "The Little Prince" and works by Jules Verne—into an entrancing storyline featuring an astronomy buff named Lapin Mignon on an imagination-bound voyage. The MignonVerse materializes in three phases. Initially, 7,777 distinct worlds are conceived and minted. Subsequently, the environments in these worlds start to evolve, unveiling new functionalities or surprise encounters, such as a visit from a Mignon Traveller or a shooting star. Ultimately, these individual worlds gain the capability for mutual interaction. Beyond the screen: A real-world impact Lapin Mignon's ingenuity hasn't been confined to the digital realm—it has infiltrated physical art galleries and auction houses. As a testament to her pioneer status, her art found a home at Avant Galerie Vossen in Paris for the May 2022 "#Trashart: NFT Garbology" exhibition—a spotlight on Trash Art, a pivotal movement in Crypto Art. Additionally, her piece from the "AquaBizzare" series found a buyer through Fauve Paris auction house. In 2022, Lapin Mignon showcased her art at the Sheptytsky Museum in Lviv, Ukraine, and participated in esteemed industry events like NFT London and CADAF in New York. Sharing the limelight with artists like Trevor Jones, Angie Taylor, George Boya, Kevin Abosh, and Giant Swan, Lapin Mignon was also featured among the top 50 crypto artists in the book "CryptoART begins," available on Nifty Gateway in September 2022. Embark on a Journey into the Digital Alchemy with Lapin Mignon and Zealy's NFT Collection! To celebrate the endlessly fascinating world of digital art, Lapin Mignon has collaborated with 14 artists to craft an NFT collection that promises to be a paragon of thematic richness and aesthetic diversity. But wait, there's more! Venture into Zealy's interactive questboard, complete intriguing challenges, and earn the chance to unlock a complimentary mint from this exclusive series. Witness the amalgamation of deeply-rooted philosophical themes and cutting-edge digital craftsmanship. Are you prepared to explore? Begin your odyssey at Zealy. The future of multi-faceted art awaits! The post Lapin Mignon: The Trailblazer appeared first on BeInCrypto. Go to Source Author: Antonis Kazoulis Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/lapin-mignon-the-trailblazer/

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Rj posted: " Shiba Memu brings AI to the meme sector, giving it the potential to become sustainable. Investors have bought over $3.4 million of S" Crypto World Headline Whales SHIB buying as Shiba Memu presale crosses $3.4m – Crypto World Headline Rj Oct 1 Shiba Memu brings AI to the meme sector, giving it the potential to become sustainable. Investors have bought over $3.4 million of Shiba Memu as investor interest returns on Shiba Inu. Shiba Memu could benefit from AI and meme mania to follow the price trends of her peers. Meme cryptocurrencies are an exciting asset class. The interest emanates from the ability to return by triple or more digit percentages in a short period. Shiba Inu, one of the leading meme cryptocurrencies, has been under increased whale buying lately. Conversely, Shiba Memu (SHMU), a meme token on presale, has been riding the meme mania. Investors have bought over $3.4 million, banking on the prospects of a disruptive AI meme project.  Does Shiba Inu buying suggest a rally is coming? Shiba Inu's transaction value crossed the $47 million mark on September 21. The intense buying has coincided with the stabilisation of Shiba Inu's price above $0.000007. Although no bullish signs have been recorded so far, the buying suggests the selling pressure is low. Consequently, a price recovery could be on the horizon as the risk sentiment improves.  Overall, Shiba Inu's interest implies a strong belief in meme crypto investments. The meme sector market has grown to over $20 billion in market cap from $0 in early 2020. Due to the growth potential, the search for quality meme projects has been on. A potential rally in Shiba Inu could boost sentiment and benefit upcoming tokens such as Shiba Memu. Shiba Memu, a bigger Shiba Inu rival? In comparison, Shiba Memu and Shiba Inu are both meme cryptocurrencies. They are driven by hype and market sentiment.  However, unlike its predecessor, Shiba Memu is novel as it taps into the power of AI. Shiba Memu uses AI to self-market itself and become powerful. As such, it can self-promote on social networks and forums, helping it generate online frenzy.  The self-marketing concept is crucial to the value proposition of Shiba Memu. Rivals like Shiba Inu have relied on social media frenzy and influencers to gain traction. When the frenzy is lacking, these tokens relinquish gains. Due to this reason, investors have decried the lack of sustainability in the meme sector. Leveraging AI for self-marketing makes Shiba Memu capable of delivering sustainable returns. AI works 24/7, learning all the time and reinventing its marketing interventions. Shiba Memu team believes the capability can enable the project to become a leader in the crypto market.  Shiba Memu's unique presale attracts investors. Unlike other presales, Shiba Memu is unique and beneficial to its investors. The token is made to rise each day on presale at 6 PM GMT. For instance, while SHMU's initial price was $0.011125, it has now risen to $0.030475.  Supposing you bought the token at the initial price, you receive nearly three times the current value. The price will continue to increase up to the end of the presale. The tokenomics guarantees returns for investors buying at the presale. Shiba Memu prediction in 2024 Predicting a meme cryptocurrency is speculative since these tokens have heightened volatility. Nonetheless, the price movements of other meme cryptocurrencies can help predict SHMU. Reflecting, meme tokens like Dogecoin, Shiba Inu, and PEPE have been market movers. Dogecoin has moved from being labelled as a joke coin to the top 10 tokens by market cap. Shiba Inu retains the second spot among the most valuable meme cryptocurrencies. PEPE surprised the market this year as it returned by over 10,000%. The above points to the potential that Shiba Memu carries. The value could rise suddenly when the token is listed on centralised exchanges in 2024. The price could be boosted by the frenzy around meme tokens and the AI application. With signs of a stabilising crypto sector, Shiba Memu could also benefit from improved sentiment to gain value. Share this article Categories Tags Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/whales-shib-shopping-for-as-shiba-memu-presale-crosses-3-4m-crypto-world-headline/

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Rj posted: "The SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to auditor independence. Go to Source Author: Cointelegraph By Ciaran Lyons" Crypto World Headline SEC initiates legal action against FTX's auditor Rj Oct 1 The SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to auditor independence. Go to Source Author: Cointelegraph By Ciaran Lyons Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/sec-initiates-authorized-motion-towards-ftxs-auditor/

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Rj posted: " The latest integration was expected to unlock new avenues of growth for Web3 developers. LINK was the best performing crypto asset over the last 30 days.  Chainlink's [LINK] Cross-Chain Interoperability Protocol (CCIP) continued its march as " Crypto World Headline Chainlink CCIP integrates with Binance: Assessing LINK's response – Crypto World Headline Rj Oct 1 The latest integration was expected to unlock new avenues of growth for Web3 developers. LINK was the best performing crypto asset over the last 30 days.  Chainlink's [LINK] Cross-Chain Interoperability Protocol (CCIP) continued its march as the flagship product made its debut on the BNB Chain, according to a 29 September tweet. #Chainlink CCIP is now live on BNB Chain. With access to the industry-standard secure cross-chain token and messaging transfer protocol, BNB Chain developers can now expand their applications across the CCIP Network. Here's what that means https://t.co/20TMfdQiUs — BNB Chain (@BNBCHAIN) September 29, 2023 Realistic or not, here's LINK's market cap in BTC terms The integration was expected to unlock new avenues of growth for Web3 developers looking to tap into the multichain ecosystem. CCIP gains traction Powered by Chainlink's oracle networks, CCIP enables developers to securely transmit data and tokens between several blockchain networks. Moreover, it provides a platform where developers can leverage the strengths of other chains and collaborate with developers from different chains to build robust cross-chain applications. Protocols like CCIP attempted to plug a critical gap in the Web3 ecosystem-fragmentation—in which blockchains operate in isolation, with no interaction with other networks. The protocol has found a lot of takers since its launch in July earlier in the year.  With the latest launch on the BNB Chain, CCIP became operational on as many as seven networks, as per a Chainlink community member. What's the update on LINK? The growing prominence of CCIP started to reflect on the native token LINK. As per CoinMarketCap, it was the best performing crypto asset over the last 30 days. The coin accumulated gains of nearly 35% in the said time period. Notably, whale investors seemed to have provided the impetus to the price movement. As per popular on-chain sleuth Ali Martinez, wallets holding between 10,000 to 1 million coins added 7.5 million LINKs to their portfolios in the last two weeks. At going market price, this was worth more than $60 million. Source: ali_charts/Santiment Read Chainlink's [LINK] Price Prediction 2023-2024 The buying binge indicated that there was optimism about the near-term outlook, and LINK's price may continue to rise. However, this shouldn't be taken as investment advice and readers were advised to DYOR. Meanwhile, the Chainlink ecosystem was erupting with excitement as the highly anticipated SmartCon 2023 was about to begin. The event would span four days, the objective of which was to promote global Web3 adoption. Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/chainlink-ccip-integrates-with-binance-assessing-links-response-crypto-world-headline/

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Rj posted: " Popular crypto YouTuber Jake Gagain recently voiced his opinions on when the bull market would start and how several meme coins are poised to dominate the market when that happens. Specifically, he seemed most bullish on S" Crypto World Headline Crypto Analyst Reveals Which Meme Coin Will Topple DOGE – Crypto World Headline Rj Oct 1 Popular crypto YouTuber Jake Gagain recently voiced his opinions on when the bull market would start and how several meme coins are poised to dominate the market when that happens. Specifically, he seemed most bullish on Shiba Inu (SHIB), asserting that SHIB would topple the biggest meme coin by market cap, Dogecoin (DOGE). The #BullRun Has Officially Begun. — JAKE (@JakeGagain) September 27, 2023 DOGE Has Elon, SHIB Has? In response to Gagain's tweet, another X user laughed at the possibility of this happening and stated that DOGE had Elon Musk likely suggesting that there was no way SHIB could topple the largest meme coin since it had the support of the world's richest man. Musk has been known to be a huge admirer of DOGE and has partially contributed to the token's growth, especially when it soared by 23,000% to hit an all-time high of $0.7 in 2021. It was also recently revealed that besides his vocal support, Musk is invested in the meme coin as he has been "quietly funding" the token's development.  With this in mind, many believe that there is no way that SHIB could topple DOGE, which happens to be ranked as the eighth largest cryptocurrency by market cap, with SHIB coming far behind at 19th.  However, while it is undoubtedly a huge task, there are signs that SHIB could be massive (and possibly go head-to-head with DOGE) when the bull market returns. The fundamentals behind SHIB are stronger than ever, especially with the rejuvenation of Shibarium following its botched launch and the increased utility the layer-2 network is currently enjoying.  Crypto market cap currently at $1.055 trillion. Chart: TradingView.com Furthermore, SHIB's burn rate has increased significantly, which could spark a surge in the token's price as more and more SHIB tokens are cut out of circulation. It is also worth mentioning that SHIB once surpassed DOGE in market cap at some point in 2021, according to data from CoinGeko. Crypto: Pepe In The Mix Meanwhile, Pepe is another meme coin in which Gagain stated that he was bullish and gave four reasons for his stance. The first reason he gave was that major players, including crypto exchanges like Binance, OKX, Crypto.com, and Bybit, form part of the largest holders of the token and noted that these firms are holding their Pepe bags rather than selling.   His second reason was that Pepe survived the saga, which involved three of the project's developers dumping $15.6 million worth of Pepe on the market. Despite this, the token has risen in market cap since that event, which could likely mean that the token has bottomed out, in Gargain's opinion. The third reason is that Pepe is currently listed on over 100 exchanges, including the biggest centralised and decentralised exchanges. This is something which Gargain believes could give the token more visibility and liquidity by extension. Lastly, he noted that Pepe is currently ranked in the top 100 tokens by market cap and, specifically, the third-largest meme coin by market. As such, it is well positioned to surge massively, especially because meme coins will dominate the next bull run.  Featured image from The Mega Maxi Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/crypto-analyst-reveals-which-meme-coin-will-topple-doge-crypto-world-headline/

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Rj posted: "The Department of Justice (DOJ) has confirmed its intent to bring forward former FTX customers, investors, and employees in the imminent trial against Sam Bankman-Fried, former FTX executive. Hence, the testimony will spotlight how these witnesses perceiv" Crypto World Headline Just In: DOJ to Summon FTX Clients, Investors, and Employees in SBF Case Rj Oct 1 The Department of Justice (DOJ) has confirmed its intent to bring forward former FTX customers, investors, and employees in the imminent trial against Sam Bankman-Fried, former FTX executive. Hence, the testimony will spotlight how these witnesses perceived their relationship with Bankman-Fried and his enterprise. Their interpretation of FTX's approach towards customer assets will also be The post Just In: DOJ to Summon FTX Clients, Investors, and Employees in SBF Case appeared first on CoinGape. Go to Source Author: Kelvin Munene Murithi Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/simply-in-doj-to-summon-ftx-purchasers-traders-and-staff-in-sbf-case/

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Rj posted: " Regulatory compliance issues have forced Gemini to suspend Dutch operations. Gemini is a New York-based cryptocurrency exchange. Gemini" Crypto World Headline Gemini to halt services in the Netherlands due to regulatory challenges – Crypto World Headline Rj Oct 1 Regulatory compliance issues have forced Gemini to suspend Dutch operations. Gemini is a New York-based cryptocurrency exchange. Gemini's decision follows a similar move by Binance, which also ceased its activities in the Netherlands. Gemini, one of the leading cryptocurrency exchanges based in New York, has revealed plans to temporarily suspend its cryptocurrency services in the Netherlands. The exchange has attributed this decision to its inability to meet the stringent regulatory requirements set by the Dutch financial authority, De Nederlandsche Bank (DNB). In a letter addressed to its Dutch user base, Gemini urged customers to withdraw their assets or transfer them to alternative wallet addresses. The suspension of services is scheduled to take effect on November 17, 2023, in compliance with regulatory obligations imposed by the DNB. Gemini to re-enter the Dutch market after compliance Despite the suspension of its operations in the Netherlands, Gemini expressed its commitment to re-enter the Dutch market once it has successfully aligned its operations with the new regulatory framework governing crypto assets. The reference to compliance with the Markets in Crypto Assets (MiCA) suggests that Gemini is considering adapting to the EU-wide regulatory framework, aiming to standardize requirements for cryptocurrency companies across the European Union. To facilitate a smooth transition for its users, Gemini recommended Bitvavo, a licensed Dutch cryptocurrency exchange that is registered with DNB. Founded in 2018, Bitvavo is a member of the Dutch Association of Bitcoin Companies, providing a compliant alternative for Dutch crypto enthusiasts. Crypto exchanges leaving the Netherlands Gemini's decision follows a similar move by global cryptocurrency giant Binance, which ceased its activities in the Netherlands earlier in the summer of 2023 due to regulatory approval challenges. This highlights the increasingly complex landscape that cryptocurrency exchanges face in meeting regulatory requirements in Europe. As of now, the Netherlands has registered 37 virtual asset providers, including prominent platforms such as eToro, Coinbase, Crypto.com, and BitPay. Coinbase was however fined $3.6 million in January 2023 for non-compliance. These providers operate within the regulatory framework established by the DNB, underscoring the significance of regulatory compliance for cryptocurrency businesses in the Dutch market. Share this article Categories Tags Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/gemini-to-halt-companies-within-the-netherlands-because-of-regulatory-challenges-crypto-world-headline/

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Rj posted: "As nations globally grapple with the need for more secure identification systems, Brazil and Buenos Aires are making significant strides, ushering in a new era of digital identity verification. Both regions have embraced blockchain technology to deliver m" Crypto World Headline Breaking: Brazil Launches Blockchain-Powered National Digital ID Rj Oct 1 As nations globally grapple with the need for more secure identification systems, Brazil and Buenos Aires are making significant strides, ushering in a new era of digital identity verification. Both regions have embraced blockchain technology to deliver more secure, efficient, and streamlined processes for their citizens. Brazil's Leap Towards A Unified System Brazil's government recently The post Breaking: Brazil Launches Blockchain-Powered National Digital ID appeared first on CoinGape. Go to Source Author: Kelvin Munene Murithi Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/breaking-brazil-launches-blockchain-powered-nationwide-digital-id/

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Rj posted: " Asset management firm Valkyrie, one of the frontrunners for the first Ethereum ETF (exchange-traded fund) in the United States, has decided to pause its purchase of Ether futures contracts until the US Securities and Exchan" Crypto World Headline Valkyrie Halts Purchase Of ETH Futures Contracts – Crypto World Headline Rj Oct 1 Asset management firm Valkyrie, one of the frontrunners for the first Ethereum ETF (exchange-traded fund) in the United States, has decided to pause its purchase of Ether futures contracts until the US Securities and Exchange Commission approves an Ether futures ETF. This comes barely a day after the asset manager reportedly secured approval to offer investors exposure to Ether futures under its existing strategy ETF (BTF). SEC Might Be Behind This Action, Bloomberg Expert Speculates On Friday, September 29, Valkyrie filed a 497 with the SEC, saying that it would halt the purchase of Ether futures contracts and unwind its existing positions.  A part of the filing read: Effectively immediately, The Fund will not purchase ether futures contracts until the effectiveness of an amendment to the Fund's registration statement contemplating the addition of ether futures contracts to the principal investment strategy of the Fund. Until such time, the Fund will unwind any existing positions in ether futures contracts. As reported on Thursday, September 28, the SEC appears to be fast-tracking the approval of Ethereum futures ETF in anticipation of a potential US government shutdown next week.  Following this report, Valkyrie disclosed that it had begun purchasing Ether futures contracts for its combined strategy ETF ahead of a possible launch next week. However, this latest action poses questions about the odds of Valkyrie becoming one of the first firms to introduce an Ethereum ETF in the United States.  Bloomberg analyst Eric Balchunas has put forward a possible reason for Valkyrie's decision to halt and unwind its Ether futures purchases. "SEC must have threatened them to cut it out," Balchunas speculated via a post on X (formerly Twitter). The plot thickens, Valkyrie just put out 497 that they are in fact not going to buy Ether futures until they are live (prob Tue) and are going to sell the Eth futures they bought (in an effort to jump line a bit). SEC must have threatened them to cut it out. Damn. https://t.co/yDkggCw3d1 pic.twitter.com/cKaV7k7AJs — Eric Balchunas (@EricBalchunas) September 29, 2023 Valkyrie filed its unique Ethereum ETF application with the SEC in August. The asset manager seeks to convert its existing Bitcoin Strategy ETF (BTF) to a combined Bitcoin and Ether futures ETF. Nine Ethereum ETFs To Launch Next Week? According to Eric Balchunas' analysis, about nine Ethereum ETFs will potentially start trading on Monday, October 2. Notably, asset manager ProShares owns three of these funds, with two being combined Bitcoin and Ethereum ETFs. VanEck is another frontrunner for the first Ether futures ETFs in the US. The investment manager recently announced its intention to donate 10% of profits from its Ethereum ETF (EFUT) to The Protocol Guild, a compensation plan for Ethereum core contributors. VanEck wrote on X (formerly Twitter):  If TradFi stands to gain from the efforts of Ethereum's core contributors, it makes sense that we also give back to their work. We urge other asset managers/ETF issuers to consider also giving back in the same way. Big announcement! We intend to donate 10% of our $EFUT ETF profits (https://t.co/gr652AkUvv) to @ProtocolGuild for at least 10 years. Thank you, Ethereum contributors, for nearly a decade of relentless building & ongoing stewardship of this common infrastructure. Details — VanEck (@vaneck_us) September 29, 2023 It is worth mentioning that the ETH price has seen some reprieve since news of the potential Ethereum ETF launch started making rounds. As of this writing, Ether is valued at $1,676, reflecting a substantial 5% price jump in the past week. Ethereum price continues recovery on the daily timeframe | Source: ETHUSDT chart on TradingView   Featured image from Unsplash, chart from TradingView Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/valkyrie-halts-buy-of-eth-futures-contracts-crypto-world-headline/

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Rj posted: "Ether futures ETFs to debut in the United States, Sam Bankman-Fried's trial to begin and 3AC co-founder Su Zhu arrested. Go to Source Author: Cointelegraph By Editorial Staff" Crypto World Headline Ether futures ETFs launching, SBF trial to begin and 3AC's Su Zhu arrested: Hodler's Digest, Sept. 24-30 Rj Oct 1 Ether futures ETFs to debut in the United States, Sam Bankman-Fried's trial to begin and 3AC co-founder Su Zhu arrested. Go to Source Author: Cointelegraph By Editorial Staff Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/ether-futures-etfs-launching-sbf-trial-to-start-and-3acs-su-zhu-arrested-hodlers-digest-sept-24-30-5/

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Rj posted: "Ether futures ETFs to debut in the United States, Sam Bankman-Fried's trial to begin and 3AC co-founder Su Zhu arrested. Go to Source Author: Cointelegraph By Editorial Staff" Crypto World Headline Ether futures ETFs launching, SBF trial to begin and 3AC's Su Zhu arrested: Hodler's Digest, Sept. 24-30 Rj Oct 1 Ether futures ETFs to debut in the United States, Sam Bankman-Fried's trial to begin and 3AC co-founder Su Zhu arrested. Go to Source Author: Cointelegraph By Editorial Staff Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/ether-futures-etfs-launching-sbf-trial-to-start-and-3acs-su-zhu-arrested-hodlers-digest-sept-24-30-4/

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Rj posted: "Ether futures ETFs to debut in the United States, Sam Bankman-Fried's trial to begin and 3AC co-founder Su Zhu arrested. Go to Source Author: Cointelegraph By Editorial Staff" Crypto World Headline Ether futures ETFs launching, SBF trial to begin and 3AC's Su Zhu arrested: Hodler's Digest, Sept. 24-30 Rj Oct 1 Ether futures ETFs to debut in the United States, Sam Bankman-Fried's trial to begin and 3AC co-founder Su Zhu arrested. Go to Source Author: Cointelegraph By Editorial Staff Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/ether-futures-etfs-launching-sbf-trial-to-start-and-3acs-su-zhu-arrested-hodlers-digest-sept-24-30-3/

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Rj posted: "Ether futures ETFs to debut in the United States, Sam Bankman-Fried's trial to begin and 3AC co-founder Su Zhu arrested. Go to Source Author: Cointelegraph By Editorial Staff" Crypto World Headline Ether futures ETFs launching, SBF trial to begin and 3AC's Su Zhu arrested: Hodler's Digest, Sept. 24-30 Rj Oct 1 Ether futures ETFs to debut in the United States, Sam Bankman-Fried's trial to begin and 3AC co-founder Su Zhu arrested. Go to Source Author: Cointelegraph By Editorial Staff Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/ether-futures-etfs-launching-sbf-trial-to-start-and-3acs-su-zhu-arrested-hodlers-digest-sept-24-30-2/

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Rj posted: "Ether futures ETFs to debut in the United States, Sam Bankman-Fried's trial to begin and 3AC co-founder Su Zhu arrested. Go to Source Author: Cointelegraph By Editorial Staff" Crypto World Headline Ether futures ETFs launching, SBF trial to begin and 3AC's Su Zhu arrested: Hodler's Digest, Sept. 24-30 Rj Oct 1 Ether futures ETFs to debut in the United States, Sam Bankman-Fried's trial to begin and 3AC co-founder Su Zhu arrested. Go to Source Author: Cointelegraph By Editorial Staff Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/ether-futures-etfs-launching-sbf-trial-to-start-and-3acs-su-zhu-arrested-hodlers-digest-sept-24-30/

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Rj posted: " NEAR's new partnership with the ICC marked an important step forward in real-world utility. It might pave the way for more NEAR adoption in the future. The International Cricket Council (ICC) is exploring the use of blockchain to improve cust" Crypto World Headline Will NEAR's ICC partnership boost the protocol's adoption? – Crypto World Headline Rj Oct 1 NEAR's new partnership with the ICC marked an important step forward in real-world utility. It might pave the way for more NEAR adoption in the future. The International Cricket Council (ICC) is exploring the use of blockchain to improve customer engagement in the sport. The ICC thus plans to use NEAR Protocol [NEAR] to achieve that objective, in a move that could potentially boost the latter's popularity. Is your portfolio green? Check out the NEAR Profit Calculator The official X (formerly Twitter) account of the Near Protocol confirmed the news on 30 September. Notably, the ICC has selected the protocol as its blockchain of choice due to its strong WEB3 presence. The cricket organization stated that it is exploring ideas through which it can develop valuable and lasting experiences for fans. This may also include competitions for fan engagement with players. ICYMI: The NEAR Foundation partners with the @ICC Whether you can explain the rules of cricket or not, this is set to knock the fan engagement experience in sports for six https://t.co/Gk92ZIC3Vl pic.twitter.com/cBLZYTbGWZ — NEAR Protocol (@NEARProtocol) September 29, 2023 While it is interesting that the ICC is embracing blockchain, it is even more interesting that it has selected NEAR Protocol. This could be a big deal for the blockchain, considering that cricket has one of the largest fan bases of any sports league in the world, at 2.5 billion fans. The development may offer NEAR network some benefits, especially in terms of visibility. The protocol's social dominance has recently been slipping downward. The announcement about NEAR's new partnership with the ICC may offer a chance for a pivot in the network's social dominance. Source: Santiment A collaboration with one of the major sports leagues in the world is certainly a significant achievement. This could potentially encourage more collaborations in the future, thus potentially boosting demand for the NEAR token. Assessing the state of NEAR's demand NEAR has been on an overall bearish trajectory since February this year. There was a bullish attempt between mid-June and mid-August, which was short-lived as the price resumed its bearish trajectory. Bears have notably been losing their momentum since August, indicating that we may witness another bullish rally attempt sometime soon. NEAR exchanged hands at $1.18 at the time of writing after rallying by over 5% in the last three days. An extended rally beyond this level could indicate that the bulls were gaining momentum. This is because the cryptocurrency has been struggling to secure enough demand to exit the low range at press time. Source: TradingView Read Near Protocol's [NEAR] Price Prediction 2023- 2024 Despite the bullish 3-day performance, other observations do not indicate the possibility of more bullish pressure. For example, the MFI appeared to have flat-lined, suggesting that there was very little liquidity pushing up the price at press time. However, on-chain data suggested that there was some optimism, as indicated by the slight upside in the weighted sentiment metric at the time of writing. The network has also maintained healthy development during the last four weeks. Source: Santiment Source link Comment Unsubscribe to no longer receive posts from Crypto World Headline. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptoworldheadline.com/will-nears-icc-partnership-enhance-the-protocols-adoption-crypto-world-headline/

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