The popular cryptocurrency analyst and trader is bullish on Solana (SOL)’s competitors, while also giving his outlook on Bitcoin and layer 1 blockchain Saga (SAGA). The analyst, known by the pseudonym Blunts, told his 275,300 followers on social media platform X that Solana’s rival Sui (SUI) is set to surge after breaking above the upper boundary of an ascending channel on the 4-hour chart. Blunts also said the breakthrough coincided with a surge in trading volume. “SUI will continue to rip off a ton of money. I think it’s free money. A slow crushing channel breakthrough of this volume almost…
Author: Crypto Flexs
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Artificial intelligence-themed tokens have surged in the past 24 hours, posting double-digit gains as markets digest the Federal Reserve’s 50 basis point rate cut. The Artificial Superintelligence Alliance (FET), a consortium of Fetch.ai, Ocean Protocol, and SingularityNET, had a huge performance today. The FET token surged by about 15% in the last 24 hours, reaching $1.54 on September 19. FET/USD daily chart. Source: TradingViewLet’s take a quick look at some of the factors that affect FET performance. AI Narrative Drives FET Price UpAI-focused tokens have seen significant gains in 2024, fueled by the emergence of various AI projects and the…
Telegram’s tap-to-win game Cartizen’s tokens have gone live. 150 million tokens, or 15% of the total supply of 1 billion, have been airdropped to users as part of the Season 1 distribution, after a two-month delay from the originally planned launch.Trading of the TON blockchain-based CATI token began at 6 a.m. ET on Friday. It is listed on several centralized exchanges, including Binance, Bybit, and Bitget. Registration for CATI deposits to non-custodial wallets began on Thursday, and tokens were distributed to eligible participants based on their gaming activity at 6 a.m. ET today, the team said.According to the team, this…
contributor Posted: September 20, 2024 The avalanche broke away from a downward parallel channel that had been in place for months. AVAX price is facing a significant test as it approaches the key resistance zone at $29. Avalanche (AVAX) was a standout performer in the cryptocurrency markets during the week. AVAX’s price rose to a three-week high of $26.52 earlier today, extending the overnight rally from September 18. At the time of writing, the altcoin was up 12% over the last 24 hours. The rise in AVAX price coincides with the overall rebound in cryptocurrency markets, supported by favorable macroeconomic…
Jorg Hiller 19 Sep 2024 16:28 Learn three essential things about marketplace design for Web3 builders with the latest insights from a16z Crypto, focusing on marketplace strategy, network effects, and token design. According to a16z crypto, the latest cohort of their Crypto Startup Accelerator (CSX) has provided valuable insights into the market design for Web3 builders. These insights are derived from discussions with founders and the a16z Research Team, and provide a solid framework for navigating the evolving landscape of Web3. Start broad and narrow your focus The first key point emphasizes a strategic…
Jack Anderson 19 Sep 2024 16:44 A new AI tool developed by FIDO Tech uses sound waves to detect and rank water leaks, and it’s partnering with Microsoft to save water worldwide. In the fight to conserve water, leaky pipes are a sneaky enemy, accounting for an average of 30% of the world’s drinking water from pipes, and up to 70% in some areas. Leaks can be incredibly difficult to pinpoint, but a new AI tool is making the process faster and more accurate. The white X marks a leaking hydrant in the Santa…
Tether’s lack of third-party audits has investors concerned that the $118 billion stablecoin company could face a similar liquidity crisis to FTX.Investors are becoming increasingly concerned about Tether, the issuer of the world’s largest stablecoin, USDT.The latest concerns were sparked by Cyber Capital founder Justin Bons sharing concerns that Tether could be a bigger scam than FTX.Bons wrote on X Post on September 14th:“(Tether) is one of the biggest existential threats to all of crypto because we are supposed to believe they have $118 billion in collateral without any evidence! Even after the CFTC fined Tether in 2021 for lying…
According to the latest analysis, Bitcoin (BTC) needs to close above $63,00 per day to reach a new all-time high.Popular trader HornHairs defined several key BTC price levels where the bulls could next turn into support in his latest X content on September 19th.Bitcoin traders believe $63,000Bitcoin continues to rally after this week’s macro events energized risk assets.After rising about 8% this week, BTC/USD is now facing a crucial resistance level that has held the market back for months.“A very strong response to demand in the $57,000 zone was followed by a huge surge to $63,000,” HornHairs summarized.”If we can…
Episode 58 of Season 6 of The Scoop was recorded as follows: Block’s Frank Chaparro and TrueX co-founder and CEO Vishal Gupta.Listen below and subscribe to The Scoop on YouTube. apologize, Spotify, Google Podcasts, Stitcher, Or wherever you listen to podcasts. Please send feedback and correction requests to (email protected).Vishal Gupta is the co-founder and CEO of TrueX, a new stablecoin-based trading platform.In this episode, Gupta explains why TrueX aims to provide a “stablecoin-based” trading experience with segregated custody, primarily targeting institutional clients in the United States. outline 00:00 introduction 04:50 TrueX Overview 11:13 Innovation Exchange 14:42 Institutional Client Transaction…
Kraken Exchange Lists Solana’s Popular Cat-Themed POPCAT Meme Coin POPCAT coin fell 6% despite the news following a 58% monthly rally. As demand increases, derivatives traders are leaning toward short selling. In the world of meme currencies, dog-themed tokens dominate the space with high market caps and strong communities. However, Popcat (POPCAT) is a cat-themed alternative coin that is in high demand in the Solana ecosystem.The cat jumps into more exchangesHaving already been listed on crypto giants like OKX, KuCoin, and Bybit, Popcat has now landed on Kraken, one of the largest centralized exchanges in the US. Historically, listing on…