Niyola🎩🎭

@niyola

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Litecoin Breakout Succeeds, Fails to Trigger Bears Key Points: - Litecoin (LTC) breaks above ascending triangle pattern, suggesting strong bullish momentum - 12% gain in 30 days, 5% gain in 7 days, with trading volume up 16% - Exchange inflow data shows sellers absent, indicating confidence in uptrend - Technical indicators (MACD, RSI) flip bullish Current Trends: - LTC trading at $69, approaching high liquidity zone above $70 - Funding Rates predominantly positive, indicating traders are long - Buyers overwhelming sellers, with rising interest in LTC Outlook: - Next target: 200-day SMA at $76 - Potential price volatility if LTC enters high liquidity zone - Continued bullish momentum dependent on sustained buying pressure. Indicators: - MACD histogram bars flipped green, indicating strong uptrend - RSI line at 63, showing buyer dominance - LTC above 100-day SMA, strengthening bullish case.

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BITmarkets Releases End-Year Update Highlighting Key Crypto Game-Changers for 2024 Vilnius, Lithuania, September 26, 2024 BITmarkets, the cryptocurrency exchange, has published its end-year update titled “Revisiting the Game-Changers for Crypto,” highlighting key assets poised to transform the crypto landscape in 2024. Among the listed assets, which include various cryptocurrencies and digital assets, a notable newcomer is Sui—a blockchain token gaining traction in decentralized finance (DeFi) applications and technology. “Sui’s continued innovations and strategic partnerships position it as a leader in the DeFi space. With its low transaction fees, high-speed performance, and growing ecosystem, Sui is set to further expand its influence in the blockchain sector,” commented Ali Daylami, Head of Data Analytics at BITmarkets. Sui joins other significant assets like Bitcoin ETFs, Ethereum, Solana, and Cardano on this year’s list of game-changers. The updated crypto market study by BITmarket…

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BOS Open-Sources BitSNARK Protocol for Advanced Bitcoin Cryptography Key Points: - BitcoinOS (BOS) open-sources BitSNARK verification protocol - Enables zero-knowledge cryptography on Bitcoin without altering core protocol - Facilitates decentralized atomic swaps, cross-chain transfers, and 2-way pegging - Opens up new possibilities for Bitcoin interactions with other blockchains - Fosters innovation and collaboration within the Bitcoin community Impact: - Enhances Bitcoin's capabilities for decentralized, scalable, and interoperable technology - Positions BOS as a key player in blockchain's future - Paves the way for future projects: Grail Bridge and Merkle Mesh Technical Significance: Successfully verified first zk-SNARK proof on Bitcoin blockchain Zero-knowledge cryptography enables private and secure transactions Community Reaction: - Expected to drive innovation and adoption within the Bitcoin ecosystem - Demonstrates BOS's commitment to advancing blockchain technology

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XRP Price Predictions Reach $1 Million Amid Ripple's RLUSD Launch Key Points: - Ripple's new stablecoin, RLUSD, to launch soon on XRP Ledger - Speculative "Million-Drop Theory" suggests XRP's value could reach $1 million - Theory proposes 1 RLUSD pegged to $1, tied to 1 XRP drop (smallest unit) - Analysts see RLUSD enhancing XRP's ecosystem, not replacing it - Factors fueling optimism: Grayscale's XRP ETF, SEC's non-security classification, Ripple's banking partnerships Context: - RLUSD's launch expected to boost XRP's liquidity and value - XRP Ledger's native token remains XRP, unaffected by new tokens - Speculation coincides with positive developments for XRP Market Sentiment: - Investors excited about potential price surge - Social media abuzz with predictions and discussions - 2025 seen as transformative year for XRP Important Notes: - "Million-Drop Theory" is speculative and unconfirmed - Market volatility and regulatory changes can impact XRP's value

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Arthur Hayes Makes Significant Withdrawals in Crypto Market Key Points: - Former BitMEX CEO Arthur Hayes withdraws 47.37M Aethir (ATH) from Bybit, OKX, and KuCoin - Total value: $2.94M; Total ATH holdings: 93.15M (~$5.79M) - Hayes faces unrealized loss of $207K in ATH - Market observers monitor his strategy, potential impact on market Context: - Aethir's ATH coin trades at $0.06306 (-3.93% in 24h) - Market capitalization: $255.8M (ranked 222nd) - All-time high: $0.1059 (June 13, 2024); currently 40% below ATH Implications: - Hayes' confidence in ATH altcoin - Potential investment plans - Market interest and upward price fluctuations possible - Traders closely watching Hayes' moves for market cues

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CATI Coin Surges After Coinbase Listing Announcement Key Points: - Coinbase to list CATI Token futures on September 26 - CATI Coin price surged above $0.82 following announcement - Moonwell (WELL) to be listed on Coinbase's spot market soon - TON Coin ecosystem, supported by Telegram, continues to grow - Substantial user support attracts more

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Deutsche Bank Survey: Consumers Prefer Cash Over CBDCs Key Findings: - 59% of respondents believe cash will always be useful - 44% prefer cash payments over CBDCs - Only 16% expect CBDCs to become mainstream - 31% prefer government-managed cryptocurrencies over private ones - 21% prefer private cryptocurrencies like Bitcoin Privacy Concerns: - Respondents prioritize anonymity and privacy - Europeans prefer cash for anonymity - Americans favor private cryptocurrencies for better privacy Central Banks Face Challenges: - User skepticism hinders mainstream CBDC adoption - 86% of Canadians oppose CBDCs, preferring cash Survey Details: - 4,850 respondents from Europe, UK, and US - Conducted by Deutsche Bank Conclusion: Consumers remain hesitant about adopting CBDCs, prioritizing traditional payment methods and private cryptocurrencies due to concerns over privacy and anonymity.

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96% of NFT Collections Considered "Dead" Analysts report that out of 5,000 NFT collections, 96% are considered "dead" due to: - Zero trading volume - No sales in 7+ days - No activity on social networks Additional findings: - Average NFT collection lifespan: 1.14 years (2.5x less than crypto projects) - 44.5% of NFT owners face losses - 4/10 NFT owners need to make a profit - 2023 saw a record number of NFT collapses (30%) Notable examples: - Justin Bieber's NFT purchases lost 94.7% value - CryptoPunk #5822 sold at 80% loss OpenSea's struggles: - Valuation dropped from $13.3B to $1.4B - SEC and FTC claims, increased competition, and layoffs However, OpenSea still has $438M in cash and $45M in crypto reserves.

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Improved Price Analysis: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB (September 20, 2024) Bitcoin (BTC): * Positive Signs: Bitcoin has managed to hold above the short-term holder realized price, indicating strong support. * Resistance: The $64,000 level remains a significant hurdle. * Key Support: The 20-day EMA is a crucial support level to watch. Ethereum (ETH): * Uptrend: Ethereum has shown resilience, holding above the uptrend line. * Potential Rally: A break above $2,850 could lead to a rally towards $3,400. * Key Support: The 20-day EMA is a critical support level. BNB: * Bullish Sentiment: BNB has shown positive momentum, bouncing off moving averages. * Resistance: The $600 to $635 zone is a potential resistance level. * Key Support: The 20-day EMA is a support level to watch. Solana (SOL): * Range-Bound: Solana is trading within a range between $116 and $210. * Potential Breakout: A break above $164 could lead to a rally towards $190 and $210. * Key Support: The moving averages are key supp…

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Arthur Hayes, founder of BitMEX, warns that U.S. interest rate cuts could lead to a market downturn and potentially even a financial crisis. He believes the Federal Reserve's decision to lower interest rates is a "huge mistake" given the current high levels of government spending. Hayes also notes that the strengthening Japanese yen could lead to a repeat of the financial stress seen in August . Key Takeaways: Interest Rate Cuts Potential market downturn and financial crisis Japanese Yen Impact:Strengthening yen could lead to repeat financial stress DeFi Opportunities:Declining interest rates could boost DeFi yields and help Ethereum rise Ethereum Potential: Lower interest rates could revive Ethereum bull market Hayes emphasizes the importance of monitoring the dollar-yen exchange rate, saying "it's the only thing that matters". He also recommends investing in Bitcoin, technology stocks, and gold to safeguard against financial uncertainty.

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Market Overview The crypto market has started the day on a positive note, with a 2.31% increase in market cap to $2.08 trillion ¹. Bitcoin briefly reached $61k but retreated to $60k, driven by hopes of rate cuts in today's FOMC meeting. Bitcoin Performance Bitcoin's current price is $60K, with 3.33% gains in 24 hours and a 39.86% spike in trading volumes . This surge is attributed to ETF inflows and DBS's plan to launch BTC and ETH options trading. Altcoin Performance Ethereum remains steady at $2,300 with 1% gains, while Solana and XRP dipped 0.8% and 1.43%, respectively Top Crypto Gainers Nervos Network (CKB): 15.42% gains, priced at $0.01819 Bittensor (TAO): 11.67% surge Immutable X (IMX): 9.87% increase to $1.37 Top Crypto Losers Helium (HNT): 3.86% loss to $6.75 Arweave (AR): 3.34% dip to $18.47 Maker: 3.18% loss to $1479.46 The crypto space has seen positive movements in the past 24 hours, with improving fear and greed index and 25.11% rise in volumes to $77.32 billion .

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3 Altcoins Poised for Major Gains as Bitcoin Eyes $70,000: 1. Shiba Inu (SHIB): Burn rate increase could drive price to $0.001. 2. Ripple (XRP): Bullish momentum, potential to challenge $0.65 level. 3. Rexas Finance (RXS): Innovative platform for real-world asset tokenization, targeting $10. Bitcoin's projected surge to $70,000 could fuel these altcoins' growth. Key factors: - SHIB: Burn mechanism, growing acceptance - XRP: Grayscale inclusion, increasing open interest - RXS: Tokenizing real-world assets, presale attracting interest Investors are eyeing these tokens for potential significant gains.

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Euler Finance Launches New Stablecoin Maxi Euler Finance, a decentralized finance lending platform, has announced the launch of a new hybrid token called Maxi. The development was revealed by Euler Labs, the team behind the protocol on Ethereum, on September 16th. Key Features of Maxi Maxi is designed to enhance capital efficiency and mitigate risks through a blend of assets and cross-collateralization. The stablecoin is backed by a variety of assets, including tokenized treasury bills, yield-bearing tokens, synthetic dollars, and fiat-backed stablecoins. Notable assets backing Maxi include Ondo Finance’s U.S. Dollar Yield (USDY) and Usual Money’s real-world asset-backed stablecoin USD0. Additionally, it includes Ethena’s synthetic dollar USDe and yield-bearing synthetic dollars sUSDe and stUSD, as well as Circle’s USDC. Incentives for Users Euler is also introducing an incentivization program. Users can collateralize sUSDe and USDe to earn Ethena’s sats, lend or borrow with USD0 to receive …

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Ripple (XRP) has found strong support between $0.53-$0.55 and rebounded bullishly. The price is now trending toward key resistance at $0.64. Key levels to watch: - Resistance: $0.64 - Support: $0.53-$0.55 - Breakout above $0.62 could fuel further bullish momentum. Failure to overcome $0.64 resistance may lead to a pullback to $0.53 support. A successful breakout could shift market sentiment and drive a bullish continuation.

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Ethereum co-founder Vitalik Buterin has suggested implementing a Harberger tax on layer 2 blockchains to ensure economic balance. However, he noted that this could be challenging for L2s and may disrupt their ecosystems. Instead, he proposed an alternative: creating a neutral proof aggregation layer that supplements existing fee mechanisms. This layer would allow L2s to remit fees to the L1 network voluntarily. Buterin sees this as a softer approach, allowing L2s to opt-out and maintain the current gas payment system. The goal is to create a fee mechanism that balances L2 growth with L1 security and network benefits.

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XRP's price has increased by 6% to $0.57, outperforming other top cryptocurrencies like Bitcoin and Ethereum. The surge is attributed to Grayscale's launch of a dedicated XRP Trust, allowing investors to gain exposure to XRP without directly managing it. Analysts are optimistic about a potential bull run, fueled by the new trust and legal developments, including a recent court decision in the Ripple v. SEC lawsuit. Some predict XRP could reach $1, and the launch of Ripple's stablecoin, RLUSD, could bring additional liquidity.

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BlackRock, the world's largest asset manager, has warned of potential market volatility ahead, citing factors such as recession fears, pre-election jitters, and profit-taking. The company's strategists predict that the Federal Reserve will not cut interest rates as sharply as expected, which could impact the bitcoin price. The bitcoin price has recently rebounded from a drop towards $50,000, climbing back towards $60,000. However, analysts at BlackRock and broker Bernstein have expressed caution, with some predicting a potential 50% price crash if certain economic and political conditions occur. The Federal Reserve is expected to cut interest rates at its upcoming policy meeting, which could impact the bitcoin price. Additionally, the US presidential election in November may also influence the cryptocurrency market, with some analysts predicting different outcomes based on the winner. It's essential to approach the cryptocurrency market with caution and thorough research, considering multiple factors an…

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Hyperbridge, a blockchain interoperability protocol, has received a $2.5 million seed investment led by Web3 Foundation and Scytale Digital. Built on Polkadot, Hyperbridge aims to provide secure, scalable, and verifiable cross-chain communication and storage query solutions. The protocol has already secured a parachain slot on Polkadot and has received strong community support, with a successful crowd loan of $2.7 million. Hyperbridge's innovative architecture and focus on security position it as a leader in the rapidly evolving blockchain interoperability sector.

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"Trump and Harris Crypto Tokens See Mixed Results Ahead of Debate Cryptocurrencies tied to Donald Trump and Kamala Harris are experiencing fluctuations ahead of their upcoming debate on Tuesday. The debate is expected to impact the outcome of the next general election. MAGA, the largest Trump-themed coin, has seen a 2.1% decrease, trading at $3.38, despite a 6.3% increase over the last seven days. Other Trump-themed coins, such as Doland Tremp and Trumpcoin, have seen significant gains and losses, respectively. On the other hand, the Kamala Horris token has fallen by 6.6%, with a valuation of over $8 million. The debate on Tuesday is expected to influence undecided voters, as recent polling data shows a close race between Trump and Harris. Prediction markets also indicate a tight competition. Historically, Trump-themed tokens have surged after debates, driven by hype and positive sentiment within the crypto community. However, the impact of the debate on crypto tokens remains uncertain."

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Cardano's ADA is showing signs of a potential 20% rally amid rising network activity. On-chain data reveals a significant spike in daily active addresses, the highest since March 2024. Despite recent market sell-offs, ADA is expected to rally to $0.40, supported by a double-bottom formation on the technical charts. The daily chart shows a falling wedge pattern with key support at $0.312. Over the weekend, ADA surged by 3.49% and 3.99% across two days but faced resistance at $0.349. The upcoming Chang hardfork upgrade, part of the Voltaire era, aims to enhance decentralization and user governance. This upgrade is expected to further boost network activity and investor confidence. Recent data from Santiment indicates ADA recorded 39,451 daily active addresses on September 6, suggesting renewed interest in the network. Historically, such increases in address activity have been followed by a rise in the token’s price, signaling a strong recovery for Cardano in the coming weeks.

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