YEREVAN (CoinChapter.com) — After months of struggling to pass the $1 threshold, Popcat finally surged to $1.08 then back to $1.01. This upward movement pushed the Popcat market cap beyond $1 billion, a notable achievement for the Solana meme coin. The increase in market cap results from the combination of the Popcat price and the circulating supply, which remains stable.

Though the Popcat price briefly pulled back, the overall rise still reflects strong performance. As long as the supply stays consistent and the price rises, Popcat’s market cap will follow.

Popcat (SOL) Price Surge to $1.01.Source: CoinMarketCap Popcat Open Interest Reaches New High

Along with the price surge, Popcat’s Open Interest (OI) also reached an all-time high of 93.52 million. Open Interest measures the number of outstanding contracts in the market and serves as a key indicator of market activity. An increase in OI generally suggests that new money is entering the market.

Popcat Open Interest Chart. Source: Santiment Technical Indicators Show Potential Price Changes

Technical analysis shows signs of increased volatility in the Popcat price. The Bollinger Bands (BB), which measure price fluctuations, have expanded as the price touched $1.08, suggesting that Popcat is currently overbought.

Popcat Price Analysis. Source: TradingView

Additionally, the Relative Strength Index (RSI) for Popcat has climbed above 70, further confirming that the token is overbought. The RSI is a technical indicator used to assess whether an asset is overbought or oversold. When the RSI rises above 70, it indicates that a price correction may occur.

The Popcat price could see a decrease to $0.90, and if selling pressure intensifies, the price could drop further to $0.76.

The post Popcat Price Surges as Market Cap Reaches $1 Billion appeared first on CoinChapter.

[New York, 25.09.2024] — As the global economy faces significant challenges, the demand for alternative financial solutions has surged. Crypto loans, particularly BTC loans and ETH loans, have emerged as essential resources for individuals and businesses seeking financial stability.

The Rise of Crypto Loans

Economic instability, marked by rising inflation and geopolitical tensions, has led many to explore options beyond traditional banking. The crypto loan market has grown significantly, with reports indicating a 200% increase over the past year. This growth highlights the importance of crypto loans in providing liquidity during uncertain times.

Leveraging Cryptocurrency

Crypto loans enable borrowers to use their cryptocurrency holdings as collateral to access loans without selling their assets. This feature allows borrowers to retain ownership of their investments while obtaining necessary liquidity.

Expert Insights

“Crypto loans provide unique advantages during economic uncertainty,” says John Smith, a financial analyst. “They allow individuals and businesses to access funds quickly without liquidating investments, which can be detrimental.”

Accessibility and Speed

Obtaining a crypto loan is straightforward. Users apply through various platforms, using their BTC or ETH as collateral. Unlike traditional banking processes, which can take days, crypto loans can be approved and funded within minutes.

The DeFi Influence

Decentralized finance (DeFi) has further popularized crypto loans by allowing users to borrow and lend directly without intermediaries. As awareness of DeFi grows, demand for crypto loans is expected to rise.

Risks to Consider

While crypto loans offer many advantages, potential risks must be acknowledged. The volatility of cryptocurrencies can lead to significant fluctuations in collateral value, which may result in margin calls. Borrowers should assess their risk tolerance and repayment strategies carefully.

Conclusion

In conclusion, crypto loans provide a viable alternative for maintaining liquidity during economic instability. As the world continues to face challenges, the role of crypto loans in promoting financial stability is likely to expand.

About Coinrabbit

Coinrabbit is a innovative cryptocurrency lending platform that empower individuals and businesses.

The post Market Overview: How Crypto Loans Are Assisting During Economic Uncertainty appeared first on CoinChapter.

Alberta, Calgary, September 25th, 2024, Chainwire

The EOS Network announces the successful completion of its landmark upgrade to Spring 1.0. This upgrade has introduced the Savanna consensus algorithm, marking a new era in performance, reliability and speed on the network. By enhancing transaction finality to 1 second, EOS has achieved a more than 100-fold improvement over previous iterations. This rapid advancement in speed, security, and scalability sets the stage for future cryptographic breakthroughs.

This upgrade reflects the shared vision and dedication of EOS’s global decentralized community, underscoring its commitment to pioneering blockchain innovation.

Bart Wyatt, CTO of the EOS Network Foundation, articulated the significance of this strategic development: “With the Spring 1.0 upgrade and the introduction of the Savanna consensus algorithm, we’re achieving something rare in the blockchain world: changing our core consensus algorithm. Very few Layer 1 blockchains have ever done this. I can think of only a handful—Ethereum being the most well known. In doing so, we’re standing on hallowed ground. By bringing EOS to an industry-leading 1-second finality, we’ve taken a massive leap forward, placing EOS at the forefront of blockchain innovation. This isn’t just a technical achievement—it’s about the EOS community taking full ownership.”

EOS Network has completed the transition to Antelope Spring 1.0, providing a non-contentious upgrade path. This process demonstrated the collaborative effort within the EOS community, involving extensive beta testing and a distributed activation, carried out by global block producers (BPs).

The Savanna consensus algorithm revolutionizes blockchain efficiency. By integrating advanced cryptographic techniques such as aggregate BLS signatures, Savanna ensures rapid, irreversible transactions, boosting both network security, scalability and unlocking new use cases in the blockchain industry. 

Yves La Rose, CEO of the EOS Network Foundation: “Spring 1.0 marks a pivotal moment for the blockchain industry, introducing the Savanna consensus algorithm with 1-second Instant Finality via cutting-edge BLS cryptographic advancements. This upgrade offers unmatched transaction speed, reliability, and security, laying the foundation for next-generation decentralized applications to flourish. Achieving this was a collaborative feat involving internal teams and external partners, positioning EOS as one of the most technically advanced platforms.

As a transformative phase, Spring 1.0 enables new growth opportunities and adoption within the ecosystem. It unlocks unprecedented value for developers and anyone invested in the long-term potential of blockchain innovation. With proven technology and robust infrastructure, the future presents limitless possibilities as EOS propels the industry forward”

As EOS Network forges ahead with Spring 1.0, it strengthens the foundation for continued innovation and community development. This significant leap in technology unlocks a vast array of new use cases, enhancing the EOS ecosystem. 

Follow EOS Network on Twitter or Telegram to stay up to date with the latest enhancements, updates and upgrades to the network. 

EOS Network Foundation

The EOS Network Foundation (ENF) was forged through a vision for a prosperous and decentralized future. Through our key stakeholder engagement, community programs, ecosystem funding, and support of an open technology ecosystem, the ENF is transforming Web3. Founded in 2021, the ENF is the hub for EOS Network, a leading open source platform with a suite of stable frameworks, tools, and libraries for blockchain deployments. Together, we are bringing innovations that our community builds and are committed to a stronger future for all.

Contact

Chief Communications OfficerZack GallEOS Network Foundationzack@eosn.foundation

The post EOS Network significantly upgrades with 1-Second Transaction Finality appeared first on CoinChapter.

NotPixel, a Telegram-based mini-game, allows users to create collaborative pixel art. Users can zoom in and paint individual pixels on a large canvas of 1000×1000-pixel. Specifically, each pixel a player paints earns them Not PX tokens, the game’s in-app currency, which can be mined by contributing to the canvas.

How to Farm Pixels and Earn Not PX Tokens

Participating in NotPixel is straightforward, and you can earn tokens directly by painting pixels. Here’s how you can farm pixels in NotPixel and increase your Not PX token earnings:

Firstly, Join Through Telegram: Start by accessing the game through the official NotPixel bot on Telegram. The bot acts as your guide and opens the path to the canvas.

Secondly, Paint on the Canvas: Once you’re inside, zoom in on any section of the canvas, pick a color, and start painting pixels. Each painted pixel earns you Not PX tokens, which are vital for advancing in the game.

NotPixel canvas painting page

Thirdly, Energy Usage and Replenishment: Each action you take, like painting a pixel, requires energy. You start with a set amount, and energy replenishes over time. Alternatively, you can use boosters to regain energy faster and keep contributing to the NotPixel canvas without interruption.

Boost Your Productivity: Boosters, which can be bought using the PX tokens you’ve accumulated, help you gain energy faster. Consequently, this allows you to paint more pixels in less time and increase your earnings.

Complete Tasks for Extra Rewards: The game also offers additional tasks that players can complete to earn more tokens. These tasks vary and offer incentives for consistent engagement and contribution.

Invite Others to Join: Referring friends to the game earns you additional tokens. By sharing your referral link, you can benefit from each new player who joins through your invitation.

NotPixel offers referral bonus How to Qualify for the NotPixel Airdrop

Additionally, NotPixel offers an airdrop campaign where users can earn Not PX tokens by painting pixels. The more pixels painted, the more tokens you mine. To maximize your rewards:

Of course, Paint as many pixels as possible: The more you paint, the higher your token earnings.

Then, Invite friends: Referring NotPixel to your friend help you earn additional Not PX points and rewards.

The post NotPixel Game Launched by Notcoin – How to Farm Mini App appeared first on CoinChapter.

Bitcoin Breakout Imminent, Cycle Top Expected in 2025- Analysts.

Bitcoin’s price is once again at a pivotal point, with analysts and crypto traders pointing to a major breakout that could occur within days. Several analysts suggest that Bitcoin’s next cycle top will likely happen in late 2025, with the asset entering a parabolic upside phase as early as the coming weeks.

Multiple sources indicate that the price patterns align with previous market cycles following Bitcoin’s Halving events, making this a crucial period for investors and traders.

Bitcoin Set to Breakout After Six Months of Consolidation

Bitcoin price has been consolidating for over six months, and analysts expect an explosive breakout. As of Sept. 25, Bitcoin is trading at $63,787.08, up 0.45% over the past day, showing signs of stability ahead of the expected price movement.

Pseudonymous trader and analyst Rekt Capital highlighted that Bitcoin typically breaks out 154-161 days after its Halving events. The latest Halving occurred in April 2024, and as of now, 157 days have passed.

BTC’s next cycle peak will occur in October 2025. Source: Rekt Capital/X

According to Rekt Capital, Bitcoin is entering a critical phase called the “Parabolic Upside phase,” during which the price rises dramatically. Historical trends suggest that BTC’s market cycle bottoms out around 517 days before the Halving, while the peak occurs approximately 549 days afterward.

Based on this pattern, Rekt Capital predicts that Bitcoin’s next cycle top will occur around Oct. 2025.

Bitcoin Price Trends Post-Halving Analysis. Source: Rekt Capital/X

The analyst also pointed out that Bitcoin just escaped the series of lower highs that indicate the end of the downtrend. The recent weekly close above the $61,900 level convinced Rekt Capital of the bullish scenario; a retest of the $61,300 could reinforce the breakout.

He also said that Bitcoin is about 44.8% through its ongoing bull run.

18 Days Until Bitcoin’s Bull Run Begins, Says Another Analyst

Crypto analyst Ardizor backed Rekt Capital’s analysis, saying Bitcoin’s bull run could start soon. He noted that Bitcoin’s bull cycles often begin around 170 days after a Halving and peak about 310 days later. As of Sept. 2024, 152 days have passed since the last Halving.

Ardizor’s view suggests a breakout in about 18 days, which means the rally could start by early Oct. 2024.

Ardizor forecasts a Bitcoin bull run within the next two weeks. Source: X

Ardizor’s timeline suggests that the next phase of the bull market will stretch well into 2025, with Bitcoin peaking around Q4 2025.

He noted that Bitcoin’s consolidation phase is not a sign of weakness but a setup for a much larger move, aligning with Rekt Capital’s expectation of an impending parabolic phase.

BTC/USD 1-Week price chart. Source: Wolf

Crypto trader Wolf supported this view, stating that Bitcoin has been consolidating for six months, setting the stage for a significant breakout. Wolf noted that this extended period of consolidation is not a reversal but a clear pattern leading toward higher prices.

As of Sept. 25, Bitcoin (BTC) is trading at $63,805.78, up 6.62% over the past seven days.

BTC/USD price chart. Source: CoinMarketCap

Historical data and Halving-related trends suggest that Bitcoin may be on the verge of a major breakout. With the possibility of a parabolic phase and a cycle peak around late 2025, the next few weeks could bring heightened volatility and potentially major price movements.

The post Bitcoin (BTC) Price Set for Major Breakout, Cycle Top Expected in 2025- Analysts appeared first on CoinChapter.

MemeFi Daily Combos and Video Codes for September 25, 2024

YEREVAN (CoinChapter.com) — MemeFi has released the latest updates on daily combos and video codes for September 25, 2024. Players can now use this information to earn in-game currency and rewards.

MemeFi Daily Combo for Sep. 25

The MemeFi daily combo for Sep. 25 is 4-2-4-2:

Legs – one hit

Neck – one hit

Legs – one hit

Neck – one hit

Players can use this combo during battles in MemeFi Coin. Specifically, the battle screen is divided into four zones: the head, neck, belly, and legs. Players can defeat enemies and collect rewards in MemeFi Coin by tapping in the correct sequence.

Shogun Shiba Battle Strategy. Source: MemeFi Game MemeFi Video Codes for September 25, 2024

In addition to combos, players can also enter video codes to gain rewards. The video codes for September 25, 2024, are as follows:

Enemies of the MemeFi World: part 1: 1. To find a portal to the real world 2. Falling into a magic vortex

Enemies of the MemeFi World: part 2: 1. He can bend time 2. A curse that turned him into a dog

Enemies of the MemeFi World: part 3: 1. Mona’s influence 2. She’s part vampire herself

Enemies of the MemeFi World: part 4: 1. Fear of fire 2. A Warrior Monk’s life

MemeFi Reviews Users’ Crypto Posts: 1. You get stronger and earn more coins 2. Play for future earnings

Earn $5,000 per week with this secret of Succesful Entrepreneurs: regens

Durov arrested, France vs Freedom? : 1. To clone himself and create an army of tech geniuses 2. Telegram offers end-to-end encryption for secure messaging 

How to Set Yourself Up for Success and Start earning RIGHT NOW!: affiliate

Next

Telegram’s Future After Pavel Durov’s Arrest: 1. Pavel Durov and the Telegram team 2. No, TON isn’t directly integrated into Telegram

Earn $10,000 Per Month With These Telegram Games: protocol

Do this every time you get paid (Paycheck routine): Mobile

Earn $500,000 with your first business: script

How I make $5,000 a week from my hobby: taproot

How to retire in 7 years (starting with $0): mainnet

The Truth About Meme Coins: 1. To ensure it is not a scam and has potential value 2. All of the above

The best way to learn everything and be successful: parachain

The 7 BEST purchases to make in your 20s: satoshi

MEMEFI steals personal data? : 1. When the price of a coin is artificially inflated and then quickly sold off 2. By checking the coin’s official website or a reputable exchange platform

10 Note-taking secrets of the Top 1% of students: station

How To Invest In 2024 (The BEST Way To Get Rich) : demurrage

MemeFi Spills the Tea for Crypto Newbies: 1.Look at the number of followers on their social media accounts 2.The creator takes invested money and disappears

How to set your goals and start earning $10,000 per month: trading

More

10 Small HABITS That Will Change YOUR Life Forever: platform

Meme Coin Scams to Watch Out For: 1. A type of cryptocurrency 2. Spiteful creatures who kill memes and plunder their homes

How To Accept Yourself and Still Make Changes: pegged

Memecoins vs. Shitcoins: Where bigger profits? : 1. The co-founder of Ethereum 2. Dog

Comfort Zone Will Kill Your Soul: market

Secret Tip To Boost Your Confidence: golden

My SECRET to Never Running Out of Energy: phishing

Meme coin Scams to Watch Out For: 1. Both 2. Both

Stay Productive 99% of Every Day | Step-by-Step Guide: vanity

10 Tips to Glow Up in 2024 | Become the BEST version of YOU! : hacking

Morning Routine That Makes Me Productive: storage

You’re not dumb: How to fix your Attention Span: customer

To enter these codes, players can go to the “Earn” section in the MemeFi Coin app and select a video. Subsequently, they can then enter the corresponding code to claim rewards.

Overview of MemeFi Coin

MemeFi Coin is a tap-to-earn game developed by the MemeFi team. In fact, since its launch, the game has attracted over 20 million players. In this game, players encounter meme-themed enemies. Players battle these foes by repeatedly tapping the screen, thus gaining experience and rewards.

Players level up as they defeat more enemies, increasing their rewards.

In the game, players can join clans to collaborate with others and earn even more rewards. They can also use the in-game currency to buy boosts. These boosts allow them to inflict more damage with each tap and quickly recharge energy.

MemeFi Coin Rewards Dashboard. Source: Telegram

Players can also complete tasks, such as sharing MemeFi Coin on social media or performing specific tap combos, which unlock additional rewards in the game.

Upcoming MemeFi Airdrop

In addition, the MemeFi team has announced an upcoming airdrop to distribute a blockchain token to players. This token will be launched on Linea, a Layer 2 platform built on the Ethereum blockchain. Consequently, players will receive tokens based on the amount of in-game currency they have earned, among other factors.

However, the specific date and conversion rate for the airdrop has not yet been confirmed.

The post MemeFi Daily Combos and Video Codes for September 25, 2024 appeared first on CoinChapter.

Trading near the breakout zone of $11.50, Chainlink (LINK) has again pulled back to the $11 level near the 10-day moving average. While the broader market is showing signs of recovery and probably the start of a new trend, Chainlink (LINK) has been unable to break out of the range-bound trading.

Meanwhile, Render and DTX Exchange (DTX) shook the crypto community with their exponential moves last week. In the last seven days, Render gained 28%, while DTX Exchange crossed the $2.7 million mark. Chainlink investors are diversifying into these trending coins, which have the capability to become big in the coming times.

Chainlink (LINK) Fails To Cross $12, Will It Start The New Downtrend?

In the last two weeks, Chainlink (LINK) has disappointed investors with sluggish momentum. Despite several tries, Chainlink has been unable to break the $11.5 resistance level. However, follow-through on rejection from the upper level has not come, which shows the lack of sellers in Chainlink (LINK).

The breakout or breakdown from the $11.7 – $10.5 range will decide the further momentum of the Chainlink (LINK) price. In case of a breakout from the upper range, $12.6 could be the next target, while in a downtrend scenario, $10.3 is the central demand zone. Also, the 10-day moving average is strong support for the Chainlink (LINK) price, so it will be crucial in a downtrend.

Render Gives Strong Breakout With High Participation 

On Monday, Render broke out from the descending trendline, which it rejected twice last month. The volume associated with the breakout candle was high, indicating the high buyer participation in the coin. Render has been in a downtrend since March, but with the formation of a head-and-shoulder reversal pattern, the correction seems to be over now.

According to coinmarketcap, Render is positioned at #29 with a market cap of $3.1 billion. The Render token is currently close to the total supply and will be maxed out in the coming months. The most important level for Render currently is $7 because it has worked as support previously and will now be a resistance level if the price reaches it. 

DTX Exchange (DTX): Top Contender For Biggest Exchange In The World 

DTX Exchange is a new player that combines the strengths of both centralized and decentralized exchanges. It’s set to tackle key issues in the traditional global trading market with its hybrid trading model, offering a one-stop platform for all types of traders.

Recently, DTX launched its own L1 blockchain, which will be the backbone of its platform. This new hybrid trading platform boasts fast transaction speeds, no KYC checks, and total privacy. With over 120,000 asset classes available, including stocks and cryptocurrencies, DTX offers buyers and sellers a broad range of options.

DTX Exchange caters to all trading needs, allowing users to engage in markets such as forex, stocks, equities, and crypto. It bridges the gap between traditional finance and Web3, ensuring decentralized finance gains wider global acceptance.

With its innovative features and strong investor interest, DTX is emerging as a top contender in the crypto space. The exchange is close to hitting its $3 million presale target, with over $2.5 million already raised at $0.06 per token.

Learn more: Buy PresaleVisit DTX WebsiteJoin The DTX Community

The post Chainlink Team Selling Pulls Down LINK While DTX Exchange and RENDER Go Parabolic appeared first on CoinChapter.

Shiba Inu

Shiba Inu (SHIB) coin, the “Dogecoin Killer,” is currently experiencing a strong upward rally. Recently, it saw a surge in its burn rate and whale activity which further supported its bullish momentum but how long can this momentum last? Let’s Figure it out.

Shiba Inu’s Burn Rate Surges Over 7,000%

One of the most recent developments is Shiba Inu’s burn rate, which has surged by 7,168% over the past few days.

Shiba Inu burn rate surged over 7000%. Source: ShibBurn on X

In two notable transactions, 6.9 million SHIB tokens were burned, followed by another burn of 1 million tokens shortly after. Token burns are a mechanism that permanently removes coins from circulation, thereby reducing the overall supply.

A reduced supply can create scarcity, which, in theory, can drive up prices if demand remains constant or increases. However, while the burn rate surge is a positive indicator, it alone does not guarantee a price rally. For a substantial price increase to occur, there must also be steady or growing demand to balance the reduced supply.

Whale Activity Surges: Bullish or Bearish?

Alongside the burn rate, whale activity in Shiba Inu has also spiked. Data shows a 171.5% increase in large SHIB transactions (those over $100,000). Additionally, Arkham Intelligence reported that SHIB holdings in Robinhood’s wallet grew from 44 trillion tokens to 47.2 trillion tokens over a few months.

Robinhood’s wallet holds 47.2 trillion tokens. Source: Arkham Intelligence

Whales accumulating tokens is often seen as a bullish signal, as these large holders generally have better access to market insights.

They tend to accumulate when they expect future price growth. However, whale activity can also be a double-edged sword. If whales are preparing to sell, this could lead to increased selling pressure, potentially suppressing SHIB’s price. The key will be whether these whales are holding for long-term gains or preparing for short-term profit-taking.

Declining Exchange Reserves: Supply Crunch Ahead?

A crucial on-chain metric to consider is Shiba Inu’s exchange reserves, which refer to the amount of SHIB held on centralized exchanges. Recent data shows that SHIB’s exchange reserves have been steadily declining. This suggests that more tokens are being moved off exchanges and into private wallets, likely indicating a long-term holding strategy.

Shiba Inu exchange reserves are declining. Source: CryptoQuant

When exchange reserves drop, fewer tokens are available for trading. This reduces the immediate supply and potentially leads to price increases if demand remains steady or grows. Investors moving tokens off exchanges is often viewed as a bullish indicator because it reduces the likelihood of a quick sell-off, as tokens in private wallets are generally not as readily available for trading.

Retail Interest is Cooling

While on-chain indicators point to potential bullish sentiment, one area of concern is the drop in retail participation.

Shiba Inu Daily active addresses are declining. Source: Santiment

Daily active addresses are declining, indicating that fewer retail investors are engaged with SHIB at the moment. Retail traders were a critical driving force behind Shiba Inu’s meteoric rise in 2021, and their reduced participation could limit SHIB’s ability to rally in the short term.

Without strong retail demand, even large-scale whale accumulation may not be enough to drive a sustained price rally. It will be essential to watch whether retail interest picks up in the coming weeks.

One of the major developments for Shiba Inu is the progress being made with Shibarium, the project’s Layer-2 blockchain solution. Data from Shibariumscan shows that daily transactions on the Shibarium network surged from 3,960 to 7,530 in a single day. Additionally, the number of new smart contracts deployed on Shibarium has increased.

Strong Technical Indicators Fueling SHIB’s Rally

Shiba Inu’s coin price surged by nearly 1%, currently trading at $0.00001502, supported by key technical factors.

Shiba Inu Daily Price Chart. Source: TradingView

The token is trading above its EMAs (Exponential Moving Averages), signaling a bullish trend in both the short and medium terms. The EMA 20 at $0.00001484 is acting as immediate support, further bolstering the upward movement.

The RSI (Relative Strength Index) sits at 61.41, indicating that SHIB is approaching overbought conditions. Since the RSI is still below 70, it suggests that while SHIB is gaining momentum, there is still room for further upside before a potential correction might occur.

The post Will Shiba Inu (SHIB) Coin Price Rally Sustain Its Momentum in October 2024? appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Ethereum ETF options, initially expected by Sep. 26, now postponed to Nov. 10. This decision impacts the proposed options for BlackRock’s iShares Ethereum Trust (ETHA), extending the regulatory review period by over a month.

SEC Decision Extension on ISE-2024-35. Source: SEC.gov SEC Extends Ethereum ETF Decision, Delays Market Impact

The SEC’s extended timeline allows more time to evaluate the risks associated with Ethereum ETF options. Submitted on July 22, the proposal involves the listing and trading of options tied to BlackRock’s iShares Ethereum Trust, which is managed by Coinbase and holds assets with The Bank of New York Mellon. These options could give investors new ways to hedge or speculate on Ethereum price movements, but the SEC is taking a cautious approach to assess market stability and potential risks.

Under Section 19(b)(2) of the Securities Exchange Act, the SEC can delay its ruling by up to 90 days, a period it’s using to scrutinize the market risks associated with introducing Ethereum ETF options.

ETH ETF Market Faces Largest Outflows Since July

While the SEC reviews the proposed changes, the Ethereum ETF market has experienced its largest net outflows since July. On Monday, over $79 million was pulled from Ethereum ETFs, with Grayscale’s spot Ether ETF (ETHE) seeing a record $80.6 million in withdrawals. This marks the largest single-day outflow since Ethereum ETFs were launched earlier this year. These outflows may reflect uncertainty among investors as they wait for the SEC’s decision on Ethereum options.

Ethereum ETF Weekly Flow Overview. Source: Farside Ethereum ETFs Await SEC Approval as Bitcoin Options Move Forward

The SEC delayed approving Ethereum ETF options, following a recent ruling on Bitcoin ETF options. Earlier, BlackRock’s iShares Bitcoin Trust (IBIT) received approval. The SEC’s approval for Bitcoin options included amendments to address concerns over market manipulation and risk-taking.

In addition to the BlackRock proposal, the SEC has also delayed decisions on other Ethereum-related ETFs, including the Bitwise Ethereum ETF, the Grayscale Ethereum Trust, and the Grayscale Ethereum Mini Trust.

The post SEC Delays Ethereum ETF Options Decision After Bitcoin ETF Approval appeared first on CoinChapter.

Ripple vs. SEC Nears Final Stage – What’s Next for Ripple if No Appeal?

The long-running legal case between Ripple and the U.S. Securities and Exchange Commission (SEC) is approaching a critical moment. As the Oct. 7 appeal deadline approaches, the Ripple vs. SEC lawsuit could soon reach its conclusion, potentially closing a chapter that has long impacted Ripple and the crypto industry.

No Appeal in Sight as Ripple vs. SEC Lawsuit Closes In

Zach Rector, an active figure in the XRP community, outlined several developments that will shape Ripple’s future. He noted that the lawsuit will officially end if neither Ripple nor the SEC files an appeal by Oct. 7. Closing this multi-year legal battle would remove regulatory uncertainty and set Ripple up for its next big moves.

Zach Rector details the climax of the XRP lawsuit. Source: X

Ripple plans to move forward with major initiatives around the same time as its Swell conference, scheduled for Oct. 14-16. Rector highlighted that if the lawsuit ends, Ripple will likely unveil its long-awaited stablecoin, RLUSD, during the event. The legal win could fuel more projects, pushing Ripple closer to expanding its ecosystem.

Stablecoin Launch and XRP ETF Speculation

Ripple’s RLUSD stablecoin, currently in beta testing on the XRP Ledger and Ethereum networks, is expected to launch in the coming weeks. This rollout could occur during the Ripple Swell conference, where major announcements on tokenization projects and partnerships are also anticipated.

Ripple Swell 2024: Miami, Oct. 15-16. Source: X

Additionally, Rector speculated that he expects a potential XRP ETF announcement at the Ripple Swell conference. Since the SEC approved the launch of spot-based ETFs for Bitcoin and Ethereum, there have been speculations that top asset managers could launch a similar XRP product. 

This speculation soared recently after Grayscale launched the XRP Trust, a closed-end fund expected to transform into a spot-based crypto ETF. Nonetheless, the ongoing lawsuit between the SEC and Ripple poses regulatory challenges for XRP.

Ripple’s Swell conference will feature Northern Trust and Archax leaders, highlighting Ripple’s focus on tokenization. Analyst Zach Rector believes Ripple may announce new partnerships for tokenizing assets, with projections of up to $50 trillion in assets on the XRP Ledger.

He stated the event offers Ripple a chance to showcase its role in the future of digital assets and tokenization, positioning it for growth.

Congressional Scrutiny of SEC Chair Gensler

Meanwhile, U.S. Congressman Tom Emmer has publicly criticized SEC Chair Gary Gensler for handling the XRP lawsuit. In a Congressional hearing, Emmer stated that Gensler’s tenure as SEC Chair has been historically destructive, particularly concerning crypto regulation.

Emmer slams Gensler’s crypto regulation leadership. Source: Eleanor Terret/X

Speculation about whether the SEC will appeal the XRP ruling continues. Social media commentators like Jack The Rippler suggest that no appeal is likely, pointing to the Oct. 7 deadline.

As the Oct. 7 appeal deadline nears, the Ripple vs. SEC lawsuit approaches its conclusion. If no appeal emerges, Ripple will move forward with its stablecoin launch and explore XRP ETF options. Ripple plans to announce new tokenization projects during its Swell conference, shaping its next phase.

The post Ripple vs. SEC Nears Final Stage – What’s Next for Ripple if No Appeal? appeared first on CoinChapter.

FinTech360, a leading B2B provider of fintech solutions for regulated forex brokers, today announced the launch of its new cross-device trading solutions, designed to meet the increasing demand for mobile-friendly platforms in the fintech industry. This innovative system enables brokers to offer seamless trading experiences across multiple devices, including Android, iOS, and web platforms, ensuring a consistent user experience and maximizing client engagement in a mobile-first world.

With mobile traffic now accounting for the majority of user interactions in the financial sector, FinTech360’s new cross-device solutions come at a critical time for brokers seeking to stay competitive. The platform provides brokers with advanced tools for customer lifecycle management, CRM, payment gateways, and trading signals, all of which are accessible from any device, offering flexibility and convenience to both brokers and traders.

“In response to the growing dominance of mobile usage in trading, we are proud to introduce our cross-device solutions, which allow brokers to offer their clients uninterrupted access to trading tools on any platform,” said Aaron Bitter, BDM of FinTech360. “We recognize that brokers need to cater to mobile-first users, and our new solutions provide the perfect balance between functionality and accessibility across all devices.”

Innovative Cross-Device Features Tailored for Forex Brokers

The new cross-device platform from FinTech360 is specifically designed for the unique needs of forex brokers, allowing them to engage with a broader client base by providing a seamless user interface across mobile apps and web-based platforms. As mobile trading continues to grow, the ability to offer a unified trading experience across different devices becomes essential for brokers looking to attract and retain clients.

With enhanced functionality and a mobile-optimized interface, the platform empowers traders to access real-time data, execute trades, and monitor market movements on-the-go, all while enjoying the same high-quality experience whether they are using a mobile phone or desktop computer.

FinTech360’s Continued Commitment to Innovation and Broker Success

As part of this new launch, FinTech360 has integrated Acuity Trading’s AI-driven market analysis tools into its cross-device platform. This combination of AI technology and mobile optimization provides brokers with deeper market insights and more comprehensive trading strategies, helping them make informed decisions and better serve their clients.

FinTech360 has long been recognized for its innovative fintech solutions tailored specifically for regulated brokers. The company’s full suite of services includes CRM systems, business intelligence tools, trading platforms, and affiliate network solutions, all designed to simplify broker operations and enhance overall efficiency. By focusing on creating flexible, scalable solutions, FinTech360 continues to empower brokers to thrive in a competitive market.

For more information about FinTech360 and its latest cross-device trading solutions, visit FinTech360.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The post FinTech360 Launches Cross-Device Trading Solutions to Meet Growing Mobile Demand in FinTech Industry appeared first on CoinChapter.

GDMining, a respected name in the cloud mining sector, is pleased to announce the launch of its latest high-efficiency Bitcoin cloud mining plan. This innovative offering aims to help users maximize their passive income through a streamlined and accessible mining process.

As interest in cryptocurrency continues to grow, many individuals are looking for ways to participate in the market without the complexities of traditional mining. GDMining’s new plan is designed with this in mind, providing a user-friendly platform that simplifies the mining experience for both newcomers and experienced miners alike.

Simplified Mining Experience

The new Bitcoin cloud mining plan allows users to invest in mining power without the need for costly hardware or extensive technical knowledge. By leveraging advanced mining technology and optimized algorithms, GDMining ensures that users can achieve reliable returns on their investments. The plan caters to various investment levels, making it suitable for a wide range of participants.

Upon signing up, users can select a mining plan that aligns with their financial goals and preferences. GDMining’s platform operates continuously, enabling users to earn passive income around the clock. The real-time performance tracking feature allows users to monitor their earnings and adjust their strategies as needed.

Key Benefits

High Efficiency: The new plan utilizes cutting-edge technology to deliver optimal mining performance, increasing the chances of earning more Bitcoin.

Transparent Earnings: Users can expect clear and predictable earnings, helping them plan their finances more effectively.

User-Friendly Interface: The platform is designed for ease of use, ensuring that anyone can start mining without prior experience.

Robust Security: GDMining prioritizes user security, employing stringent measures to protect personal information and investments.

Responsive Support: A dedicated customer support team is available to assist users, ensuring a smooth experience throughout the mining process.

A Commitment to Users

At GDMining, the goal is to empower individuals to take advantage of the opportunities presented by cryptocurrency mining. The new high-efficiency Bitcoin cloud mining plan reflects this commitment, providing a viable option for those looking to generate passive income.

“By launching this new plan, we aim to make Bitcoin mining accessible to everyone,” said Roberts Nick, CEO at GDMining. “We believe that our users should have the opportunity to benefit from the growing cryptocurrency market, and this plan is designed to help them do just that.”

Getting Started

To explore the new high-efficiency Bitcoin cloud mining plan, users can visit the GDMining website and learn more about the various options available. The platform is committed to providing educational resources to help users make informed decisions about their investments.

As the cryptocurrency landscape continues to evolve, GDMining is dedicated to staying at the forefront of innovation and accessibility. The launch of this new plan is a significant step towards helping users maximize their passive income through efficient and effective mining practices.

For more information, please visit https://gdmining.com/

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Analysts Wildly Bullish On XRP Price Prospects, Predict A Rise To $590

XRP has gained attention from crypto followers as a possible price rise is near. After staying steady for a long time, analysts believe XRP might soon see a big move. The data shows this could be a key moment for XRP.

XRP Price Consolidates for 540 Days, Breakout Anticipated

XRP has been consolidating for 540 days, beginning on March 13, 2024. The XRP price has remained within a tight range of $0.48 to $0.50, indicating an extended accumulation phase.

According to popular crypto analyst Egrag Crypto, this long period of stability could be the calm before a major XRP pump.

XRP Market Analysis. Source: EGRAGCrypto

This has sparked interest and conversation within the XRP community as they await the potential price surge. While the broader cryptocurrency market has experienced volatility, XRP has remained stable.

Historical Patterns Indicate Possible XRP Pump

Crypto analyst Jack the Rippler highlighted historical data to support predictions of a potential XRP pump. He drew parallels between the current price consolidation and a similar phase in 2017. Back then, XRP experienced a significant price increase following a period of accumulation.

Jack the Rippler suggested the current market setup could lead to a similar pump by 2025.

According to his analysis, XRP is forming a bullish triangle pattern similar to the one that preceded its 2017 rally. If the pattern holds, the XRP price could reach $590, about 96,450% above its current levels.

However, analysts remain cautious, noting that historical patterns may not always predict future outcomes. Such extravagant price targets rarely come true, and though a breakout would very likely help the Ripple token print gains, the $500 price tag is an achievement that would likely take XRP years to reach.

XRP USD pair Projection Analysis. Source: JackTheRippler

Matt from the Moon Lambo Channel, a well-known crypto YouTuber, added that XRP has shown resilience in recent market downturns. Despite the volatility, XRP has outperformed many of the top 100 cryptocurrencies since June 7, 2024.

Matt emphasized that XRP has remained steady even as other assets have fluctuated, strengthening confidence in an upcoming pump.

Ripple’s SEC Battle and XRP Price Resilience

The ongoing legal battle between Ripple and the SEC remains a significant factor in the token’s future. Some have expressed concern that the SEC’s potential appeal could drag out the case, impacting the XRP price.

However, crypto lawyer Fred Rispoli downplayed these fears, stating that the appeal will unlikely affect XRP’s performance in the next bull run.

“To those freaking out over possible SEC vs. Ripple appeal: Don’t. There won’t be a ruling until 2026… If Ripple and/or XRP don’t make it now, it’s not because of the SEC’s case,”

Rispoli said recently. His statement has reassured those who worry about the lawsuit’s impact on XRP’s price.

Fred Rispoli’s XRP SEC Update. Source: X

According to CoinMarketCap, the Ripple token traded at $0.586 as of the time of writing, reflecting a 0.23% increase over the past 24 hours.

XRP USD Trend and Market Data. Source: CoinMarketCap

Despite the legal challenges and broader market volatility, XRP remains steady, with many in the community remaining optimistic about the asset’s potential for a significant price increase.

The post Analysts Wildly Bullish On XRP Price Prospects, Predict Massive Rally On The Horizon appeared first on CoinChapter.

Massive Rewards in Bird TON: Daily Combo for September 25, 2024.

Bird TON, a Telegram-based game, is offering players an opportunity to earn big rewards. On September 25, 2024, players can use the daily combo to earn up to 50,000 coins.

The game has attracted over 6 million players, making it one of Telegram’s more popular play-to-earn games.

Reward Confirmation. Source: Bird TON Game Bird Daily Combo for Sep. 25, 2024

The daily combo is an essential part of Bird TON, allowing players to earn rewards. For Sept. 25, 2024, players must input the correct combination of four birds to receive 50,000 coins.

Daily Combo Selection Screen. Source: Bird TON Game

Players must go to the “Rewards” section in the Bird TON app to participate. From there, select “Daily Combo” and enter the birds in the exact sequence provided. The daily combo changes every day at 9 AM GMT, so be sure to check back regularly for new combinations.

Gameplay Options Screen. Source: Bird TON Game Bird TON: Skill-Based Game with Rewards

Bird TON stands out from other Telegram games because it focuses on skill rather than repetitive clicking. Players can collect points by navigating through different levels and avoiding obstacles.

The game offers two modes: Classic Mode and No Pipes Mode. Classic Mode is more challenging and rewards skilled players more.

In addition to the daily combo, Bird TON rewards players for completing tasks such as connecting a Toncoin wallet or following Bird TON’s social media accounts. These tasks help players increase their point totals and, eventually, their overall rewards.

How to Maximize Rewards in Bird TON

Aside from the daily combo, players can use several features to increase their rewards in Bird TON. By joining squads, players can collaborate to earn more points. Upgrades are also available in the game, allowing players to boost their earnings and progress faster.

Furthermore, Bird TON offers additional tasks such as watching advertisements or completing missions. These tasks allow players to accumulate points more quickly and increase their chances of earning future rewards.

Task Rewards Screen. Source: Bird TON Game

Bird TON players can expect a future airdrop based on their accumulated points. While an official announcement has not been made, players are expected to receive blockchain tokens on the TON blockchain. These tokens are expected to reward players for their active participation in the game.

The post Massive Rewards in Bird TON – Daily Combo for September 25, 2024 appeared first on CoinChapter.

Time Farm Daily Answer for September 25, 2024.

The Time Farm daily answer for today is based on this question:

“When did PayPal announce it would allow users to buy, sell, and hold cryptocurrencies?”

The correct answer is October 21, 2020. You can use this answer in the Oracle of Time section within the app to claim 100,000 SECONDS points. To enter the answer, go to the “Earn” section of the Time Farm app.

Understanding Time Farm and SECONDS

Time Farm, developed by LaborX and Chrono.tech, allows users to accumulate SECONDS points. These points may convert into blockchain tokens in the future. Unlike other apps that require tapping, Time Farm users simply need to log in to earn rewards. This straightforward process appeals to those seeking to collect points effortlessly.

Time Farm Earnings Display. Source: Time Farm App How to Earn More Time Farm Rewards

There are several ways to increase your Time Farm rewards. First, you can use your earned SECONDS points to purchase in-app upgrades.

These upgrades allow users to earn more points over time. Another way to increase your rewards is by completing specific tasks, such as connecting your TON wallet or playing Telegram games. You can also earn rewards by following and subscribing to social media channels.

Time Farm Task Menu. Source: Time Farm App

Another method to boost Time Farm rewards is through the app’s referral system. When you invite friends to the app, you earn points from their activity. The multi-tier structure enables users to benefit from referrals made by their own referrals, adding another layer to the earning potential.

Time Farm Referral Program. Source: Time Farm App Staking Points and Earning Through Time Farm

In Time Farm, users can stake their SECONDS points to earn more. The longer you stake, the greater your potential earnings. The daily Oracle of Time quiz also provides a chance to collect 100,000 points, which can then be staked to generate additional rewards.

Time Farm Earnings Options. Source: Time Farm App

The Time Farm team also plans an airdrop, although no official date has been announced. The roadmap includes updates like the SECONDS burning mechanism, token transfers, and a microtask platform where users can earn rewards.

Time Farm Roadmap Overview. Source: Time Farm Telegram

The post Time Farm Daily Answer for September 25, 2024 appeared first on CoinChapter.

Key Takeaways:

SUI price extended its surge above the $1.50 resistance.

A key bullish trend line is forming with support at $1.150 on the daily chart.

The price is up over 50% in a week and might extend gains toward the $2.00 level.

Sui (SUI) price remained in a strong uptrend above $1.25 and $1.50. The price tested $1.77 and might continue to rise toward $2.00.

SUI Price Extends Rally Above $1.50

In the last technical analysis, we discussed how SUI could extend its surge by 20%. The bulls remained in action and were able to push the price above the $1.50 and $1.60 resistance levels. The price even jumped above $1.70.

Recently, SUI appointed Jameel as the new Head of Ecosystem Development to help the builders and projects on Sui level up.

Introducing @jameellionaire – our new Head of Ecosystem Development!We strive to support and invest in the Sui community – and Jameel will be there to help the builders and projects on Sui level up. Give him a follow!#Suitember https://t.co/7VSABdHwaa

— Sui (@SuiNetwork) September 24, 2024

It is up over 50% in a week, outperformed major altcoins such as Ethereum, and recently traded as high as $1.7789. The price is now consolidating gains near $1.750 and is well above the 50-day simple moving average (blue).

Sui price daily chart | Source: SUI/USD on TradingView.com

SUI is showing no signs of stopping and might continue higher above $1.7789. The first major resistance could be $1.80. A clear move above the $1.80 level could set the pace for another steady increase.

In the stated case, the price could rally and test the $1.88 level. Any more gains might call for a test of the $2.00 handle.

Downside Correction?

If not, SUI might start a downside correction from $1.7789 or $1.80. Immediate support is near the $1.650 level. The first support is visible near the $1.550 level or the 23.6% Fib retracement level of the upward move from the $1.746 swing low to the $1.7789 high at $1.5350.

The next major support is near the $1.265 level. The main support is now forming near a key bullish trend line at $1.150 on the daily chart. It is close to the 61.8% Fib retracement level of the upward move from the $1.746 swing low to the $1.7789 high.

The next important support is near the 50-day simple moving average (blue) at $1.00. A daily close below the $1.00 support could trigger a nasty decline. In the stated case, the price could dive toward the $0.880 support zone.

Overall, SUI price is pumping above the $1.650 level. If there is a pullback, the bulls might remain active near the $1.550 and $1.500 levels. On the upside, the next target for the bulls could be $2.00.

The post SUI Price Soars 50% in a Week: Can Bulls Propel It To $2? appeared first on CoinChapter.

NAIROBI (CoinChapter.com)—After more than a decade of inactivity, a dormant Bitcoin whale has transferred 81 BTC, now valued at $5.18 million. This wallet had not been touched since 2013 when the Bitcoin it contained was worth just $44,707, marking an 11,507% gain due to the cryptocurrency’s massive price surge.

Dormant Bitcoin (BTC) Wallet Activates After a Decade. Source: X

Whale Alert reported that the whale recently moved its holdings. While the reason for the transfer is unclear, it could indicate plans to sell or move the funds to a more secure location. This comes as other early Bitcoin wallets from the “Satoshi era” have also shown signs of activity.

2009-Era Whale Sends 5 BTC to Kraken Exchange

On-chain data from Arkham reveals that another dormant whale has stirred, sending 5 BTC to the Kraken exchange. The wallet belongs to an early Bitcoin miner who generated coins in Feb. and Mar. 2009—just one month after Bitcoin’s launch. The miner’s wallet still holds 1,215 BTC, valued at around $77 million. This whale has executed three transactions in the past three weeks, moving a total of 10 BTC to Kraken.

Early Bitcoin Whale Moves Funds to Kraken. Source: Arkham

Arkham noted that the whale had previously moved funds between 2011 and 2014 before going dormant for nearly a decade. During this period, the whale’s holdings grew from $474,000 to over $80 million.

Bitcoin Whales Offload 30,000 BTC Amid Price Surge

In a broader market movement, Bitcoin whales have offloaded over 30,000 BTC, worth approximately $1.86 billion, within just 96 hours. Data by CryptoQuant shows declining exchange reserves, suggesting whales are moving BTC off exchanges.

Declining Exchange Reserve. Source: CryptoQuant

In fact, crypto analyst Ali Martinez attributes the sell-off to Bitcoin’s recent surge above $63,000, suggesting whales are cashing out profits amid the recovery. If Bitcoin follows historical cycles, as Martinez predicts, the next market peak could arrive around Oct. 2025.

Whales Cash Out $1.86 Billion as Bitcoin Rises. Source: Ali Martinez

Interestingly, Arkham recently identified a whale who moved $16 million in BTC after 15 years of inactivity. Another event saw the transfer of 250 BTC, valued at $15.95 million, from addresses mining Bitcoin during its first month of existence in Jan. 2009.

Notably, the reactivation of dormant Bitcoin whales is becoming more common, with early holders moving large amounts of BTC after years of inactivity.

The post Dormant Bitcoin Whale Awakens After 10.9 Years, Realizing 11,507% Gains appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — Pixelverse’s PixelTap daily combo for September 25 gives players a chance to unlock in-game rewards. Here’s a clear guide on how you can quickly access the bonus, so you don’t miss out.

Pixelverse Quest Completion. Source: Telegram How to Get the Daily PixelTap Combo Bonus

Open Telegram and search for “PixelTap by Pixelverse.”

Click on “Fight for supply” to start the game.

Tap on the “Rewards” tab located in the bottom menu.

Click “Play” under the “Daily Combo” section.

Arrange the combo cards in the correct order.

After placing the cards, click “Check” and then “Claim” to receive your bonus.

PixelTap Rewards Menu. Source: Pixelversebot

This easy-to-follow process will help you get the most out of your PixelTap gameplay each day, ensuring you can claim your rewards without any hassle.

PixelTap: A Tap-to-Earn Game

PixelTap is a tap-to-earn game powered by Pixelverse. With millions of users, PixelTap allows players to compete in PvP fights, giving them a chance to tap, battle, and win rewards. Unlike other popular games like Hamster Kombat or Notcoin, PixelTap gives players a dynamic PvP environment, keeping gameplay competitive and engaging.

Daily combos add an extra layer of excitement to the game. By participating, you can regularly unlock bonuses, adding even more value to your gameplay.

Pixelverse: A Digital Ecosystem for NFTs and DeFi

Notably, Pixelverse is the ecosystem behind PixelTap. It allows users to engage in the creation, trading, and interaction with digital assets. In addition, players can create avatars, virtual items, and even entire environments, all within the Pixelverse metaverse. Everything within Pixelverse is connected through its native cryptocurrency, PIXFI.

Digital Destiny Arena. Source: Pixelverse WEB

PIXFI is used for trading, participating in in-game activities, and earning rewards in PixelTap. Players use PIXFI to enhance their gameplay and increase their engagement with Pixelverse. Above all, the seamless integration of PIXFI into the gaming and digital asset ecosystem gives players flexibility in how they engage with the platform.

The post Pixelverse PixelTap Daily Combo for September 25 appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — On Tuesday, China announced a wide-ranging stimulus plan designed to drive economic activity. The measures included a 0.5 percentage point cut to interest rates on existing mortgages and a reduction in reserve requirements for banks, enabling more lending.

These actions fueled gains in both European and U.S. stock markets. The Shanghai Composite Index surged over 4%, closing at 2,863.13 points. In Europe, the FTSE 100 climbed by 0.28%, and the STOXX Europe 600 rose 0.65%. In the U.S., the S&P 500 advanced 0.21%, with commodities also seeing an uptick. Brent crude oil jumped 1.4% to reach $74.28 per barrel.

The People’s Bank of China (PBoC), led by Governor Pan Gongsheng, aims to stimulate domestic demand through these aggressive measures. As a result, the actions increased investor confidence in sectors tied to the Chinese economy, boosting global markets.

China’s Stimulus Package: PBOC Measures. Source: Our Crypto World Bitcoin Reacts to China’s Monetary Stimulus

Although stock markets reacted strongly to China’s stimulus, cryptocurrencies such as Bitcoin have also shown significant price changes in the past 24 hours. Bitcoin, for instance, has risen 1.51% in the last day, currently trading at $64,349.99.

Bitcoin’s 24-Hour Price Surge. Source: CoinMarketCap

Analysts from QCP Capital pointed out that the combination of China’s stimulus and the U.S. Federal Reserve’s 50-basis-point rate cut could support risk assets like cryptocurrencies. However, the market has yet to respond, with the overall sentiment in digital assets staying flat.

Ether Derivatives Show Positive Momentum

While the broader cryptocurrency market remains quiet, Ether is showing some promise in the derivatives space. According to QCP Capital, there has been a shift in the Ether options market, moving from puts to calls, indicating that traders expect a potential price increase. Additionally, Ether’s implied volatility is trading 9% higher than bitcoin, reflecting a more optimistic outlook for ether in the near term.

Ether trades at $2,657.38, marking a 12.77% increase over the past week.

Ether’s Weekly Performance Surge. Source: CoinMarketCap

The post China’s Stimulus Impacts Global Stocks and Crypto Markets appeared first on CoinChapter.

Sidekick recently reinforced its commitment to accuracy, clearly stating that Sidekick coin is not yet available in the market. This clarification from Sidekick helps ensure that the community relies only on verified information, maintaining trust and clarity among its users.

Scam Alert. Source: Sidekick Labs Sidekick Celebrates a Significant Milestone

Sidekick coin has reached a new milestone by registering 500,000 TON addresses within its SideFans feature. This development represents 2.5% of all active TON blockchain addresses as of Sep. 2024.

500k TON Addresses in SideFans. Source: SidekickLabs

Moreover, Sidekick has been featured in Secret3’s latest Project Spotlight, acknowledging its role alongside other Web3 innovators.

Sidekick coin Spotlight in Secret3. Source: Secret3.com

This feature comes as a result of Sidekick’s strategic use of its Affiliate Partner programs. Furthermore, as Sidekick moves forward, it continues to focus on enhancing its integration of gaming, social media, and cryptocurrency, ensuring the platform supports its growing user base effectively.

Overview of Tokenomics

Fundamental Layer: Generating Stable Income

Firstly, Sidekick’s tokenomics begin with the fundamental layer, which generates stable income from commissions, subscriptions, and advertising within the community ecosystem. This foundation supports the token’s value, particularly during market downturns, distinguishing it from less stable economic models.

Internal Market Layer: Trading Organization Tokens

Secondly, in the internal market layer, Sidekick introduces organization tokens that represent the economic potential of online platforms such as Discord servers. These tokens, essential for enhancing community engagement and growth, are actively traded on Sidekick’s blockchain. Moreover, the strategy involves developing a Layer 2 infrastructure within a well-known Layer 1 ecosystem to streamline these transactions.

External Market Layer: Engaging in Public Trading

Thirdly, in the external market layer, Sidekick tokens undergo public trading on peer-to-peer platforms, decentralized exchanges, and centralized exchanges. The trading activity bolsters the tokens’ value, anchored by the total value locked from the internal market based on the solid fundamentals established earlier.

With these technological milestones under its belt, it’s no surprise why Sidekick is also in the position to celebrate a user milestone of 500,000 TON addresses as well.

The post Sidekick: Crypto Milestones and Coin Misinformation Alert appeared first on CoinChapter.