Despite being a traditionally bearish period, this month is set to be the best September ever for Bitcoin (BTC), and signs of a retail comeback are starting to appear.The highest previously observed increase in September was a 6% increase in 2016. Bitcoin monthly return (%) chart by year. Source: CoinglassBitcoin also posted monthly gains in the fourth quarter, following a strong final month of the third quarter. 2015, 2016, and 2023 are all prime examples of strong quarters expected in 2024.Several Bitcoin Indicators Reverse BullishlyIn an Bitcoin: Coinbase Premium Index Chart. Source: CryptoQuantCoinbase premiums are often used as an indicator…
Author: Crypto Flexs
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The widely respected trader is bullish on the mid-cap Real World Asset (RWA) token while providing insight into three other altcoins. The trader, who goes by the pseudonym Sherpa, tells his 223,600 followers on social media platform “It is still one of the better RWA options, has more float, less oversupply, and a lot of financial support.” Source: Sherpa/X OM is trading at $1.22 at the time of writing. Next is Solana (SOL). The anonymous analyst says Solana remains bullish despite the stock proving to be a “slow mover” in the recent past after outperforming peers like Sui (SUI). “Still,…
jack anderson September 27, 2024 11:52 Binance is introducing a Margin Trading Learn and Earn course with USDC rewards for eligible users from September 26 to October 10, 2024. Binance announced the launch of its latest training initiative, the Margin Trading Learn and Earn Course, which offers eligible users the opportunity to earn USDC rewards upon completion. This program runs from September 26, 2024 to October 10, 2024. How to Participate To participate, users must undergo KYC verification. Both new and existing users can enroll in courses and complete quizzes to earn rewards while…
ADA has surged more than 15% in the past week, with technical charts showing signs of a bullish reversal. The increase in active addresses and increased public interest indicates that interest in the ADA is growing. Cardano (ADA) has since experienced a notable price rebound. Long correction period Early this year. ADA has experienced a significant downward trend since hitting its highest of the year above $0.77 in January. However, in the past week the asset has surged more than 15% and this bullish trend has been extended over the past 24 hours, with the stock now trading at $0.41,…
Cryptocurrency securitization protocol Bedrock lost approximately $2 million due to a security exploit. In return, the attackers were offered the task of protecting the very protocols they had stolen.On September 26, Web3 security company Dedaub discovered smart contract vulnerabilities in several of Bedrock’s uniBTC vaults. According to Dedaub, the bug was disclosed to Bedrock, but no action was taken in response to the threat. The security company added:“Unfortunately, we discovered an issue in our smart contract a few hours ago, but by the time the team could respond, the vulnerability had been exploited.”This vulnerability caused approximately $2 million in damage.…
AVAX, the native token of the Avalanche ecosystem, has shown resilience, rising 3.45% over the past 24 hours amid rising expectations for the blockchain’s first major upgrade.According to data from Cointelegraph Markets Pro and TradingView, the AVAX token broke the 200-day exponential moving average (EMA) barrier on September 26, reaching an intraday high of $29.10. At the time of publication, the layer 1 token is trading at $28.91, up 10% over the past week and 12.5% over the past 30 days.AVAX/USD daily chart. source: TradingViewSeveral factors supporting AVAX’s strength include developments surrounding the upcoming Avalanche9000 upgrade, a surge in network…
Uphold’s Topper integrates with Ledger’s hardware wallet Ledger Live software to provide seamless fiat-to-crypto transactions. The integration aims to challenge traditional banking and improve cryptocurrency accessibility. After integration, Ledger hardware improves user options by providing only 14 onramps and 1 offramp. In a significant move to improve cryptocurrency accessibility, Uphold’s fiat-to-crypto onramp, Topper, has officially integrated with leading hardware wallet, Ledger Wallet. Say hello @TopperbyUpholdOur latest purchasing provider has been integrated into Ledger Live! This means you have another way to easily and securely purchase cryptocurrency with Ledger Live! https://t.co/Zy4Kf0jnT8 — Ledger (@Ledger) September 26, 2024 This integration is set…
Approximately $2 billion worth of tokens from major projects are scheduled to be released in October, with 175.75 million Celestia (TIA) tokens worth $1.1 billion at current market prices accounting for a huge portion of this month’s total unlocks. Celestia is scheduled to unlock $1.1 billion worth of tokens on October 31, according to cryptocurrency vesting tracker DropsTab. The coins will be allocated to the project’s early core contributors, research and development, series A and B investors, and seed round investors.Celestia is a modular data availability network that helps users launch their own blockchain. In 2022, the founders said the…
Louisa Crawford September 27, 2024 08:57 Ethereum’s All Core Developers Execution Call #197 covered important updates to the Pectra and Fusaka upgrades, including EIP and performance issues. According to galaxy.com, on September 26, 2024, Ethereum protocol developers gathered virtually for All Core Developers Execution (ACDE) Call #197, chaired by Tim Beiko, Director of Protocol Support at the Ethereum Foundation (EF). The bi-weekly meetings focused on coordinating changes to Ethereum’s execution layer (EL).Pectra upgrade and Devnet 3 updateDevelopers agreed to limit the scope of Pectra upgrades to the eight Ethereum Improvement Proposals (EIPs) currently in…
Bitcoin price fell to $62,705 in the early hours of September 26, temporarily losing hope for the bulls after suffering a third rejection of the $64,000 resistance level in just four days. However, as the US stock market opened, the tide turned and the S&P 500 index hit a new all-time high. Bitcoin (BTC) soon rose more than 3% to regain the $65,000 level.S&P 500 futures (magenta) and Bitcoin/USD (blue). Source: TradingViewSome market analysts believe that macroeconomic trends, including lower U.S. interest rates and renewed interest from long-term institutional investors, have strengthened Bitcoin’s chances of reaching $70,000. Essentially, with U.S.…