$XRP price may find support within the 40-day to 100-day MAs, where buying pressure could build.

If #XRP holds above significant 100-day MA, a continuation of the uptrend is likely.

#usdoller #BinanceLaunchpoolCATI #CryptoNewsCommunity

Crypto Biz: Crypto fever hits wealth managers #CryptoNewsCommunity

This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.
$BNB
Wealth advisers are adopting Bitcoin exchange-traded funds at an unprecedented rate, faster than any previous ETF in history, according to Matt Hougan, chief investment officer at Bitwise. 
$BTC
The surge is primarily driven by financial advisers such as registered investment advisers and large firms like Morgan Stanley. BlackRock’s iShares Bitcoin Trust ETF alone has attracted $1.45 billion in flows from wealth managers. 

Asset management firms are also looking to offer diversified exposure to blockchain technology. Over the past few days, State Street and Galaxy launched three new funds to provide alternative strategies for institutional investors. 
$USDC
“We believe the next evolution of this market is the introduction of actively managed digital asset portfolios,” Anna Paglia, State Street’s chief business officer, said in a statement.

This week’s Crypto Biz also explores CleanSpark’s acquisition of seven mining sites in the US state of Tennessee, Standard Chartered’s custodian services in the United Arab Emirates, and another round of corporate conflicts between Bitfarms and Riot. 

State Street, Galaxy launch three new crypto ETFs #ETFNewsUpdate

Asset managers State Street Global Advisors and Galaxy Asset Management launched three new cryptocurrency ETFs on Sept. 10, according to an announcement from State Street. The ETFs are designed to capitalize on the growth of Web3. State Street said the funds include the SPDR Galaxy Digital Asset Ecosystem ETF, the SPDR Galaxy Hedged Digital Asset Ecosystem ETF, and the SPDR Galaxy Transformative Tech Accelerators ETF. 

CleanSpark acquires seven mining sites in Tennessee, hashrate to grow 22%

Bitcoin 
BTC = $59,917

 miner CleanSpark has reached an agreement on the purchase of seven cryptocurrency mining.

Puppynet, the testnet version of Shiba Inu’s Layer-2 scaling solution Shibarium, is set to undergo a major upgrade to improve its scalability, security, and overall performance. 
Shiba Inu’s marketing executive Lucie revealed the development yesterday in an X post. The marketing specialist also retweeted a post from Shibarium’s official X handle confirming the upgrade. 
Shiba Inu Ecosystem Upgrade! 🚀
Puppynet Bor bone-beta + Cancun Hard Fork drops this Friday at 8am UTC! 🔥
Update your nodes for top performance & security! pic.twitter.com/vOkA9AqUVv
— Shibarium Network (@ShibariumNet) September 13, 2024

#shiba⚡ #Crypto #CryptoNewsCommunity #CryptoNewsUSA
#CryptoNews🚀🔥V

BREAKOUT ALERT!

$TRB
approaching resistance at $64. If broken, potential target of $85! Keep watching!

#TRB_UPDATE #CryptoNewss #CryptoNewsCommunity #InvestSmartly #InvestingRevolution

The Bitcoin resurgence saw whales take profit, with the asset’s accumulation ramping up following higher price expectations.
A Bitcoin whale who has been dormant for over one year has sold his stash at a 230% profit. Data from Lookonchain shows that the whale moved 203 BTC to Binance late Friday, cashing out $12.18 million.
The whale acquired his stash for $5.29 million over four transactions and shared it among seven wallets, data confirms. Notably, he bought his bags between March 10 and August 7, 2023, at an average price of $26,047. He had held onto the tokens despite the initial pre-bull run rally above $73K.

#bitcoin☀️ #Crypto #CryptoNewsCommunity #CryptoNewsUSA #CryptoNews🚀🔥V

Meow-mentum alert! 😺

The Cats Airdrop is making waves in the crypto community!

With a feline-themed concept & community-focused approach, can it follow in the paw-steps of popular meme tokens?

#Dyor2024 & stay tuned for price predictions & future outlook!

#catsairdrop #CryptoNewsCommunity #AirDropSeries #InvestimentoTop

🚀🚀🚀 $XRP 🚀🚀🚀

ONE OF THE BIGGEST TRADERS SET A LONG TERM TP AT $9725,35 📈🚀

🐋

nfa, dyor

#XRPGoal #greyscale #BullRunAhead #BlackRock⁩ #CryptoNewsCommunity

The European-based crypto arm of online brokerage platform Robinhood dedicates an X thread to discuss Shiba Inu. 
The post, titled “Let’s Talk SHIB—One of Crypto’s More [Most] Popular Stories,” detailed a brief summary of Shiba Inu’s launch and its community-driven success. 
Robinhood Highlights Shiba Inu’s History 
Robinhood Crypto Europe stated that a pseudonymous developer, Ryoshi, created Shiba Inu on July 31, 2020. According to Robinhood, Shiba Inu launched on this date with an initial supply of 1,000,000,000,000,000 (1 quadrillion) tokens.
Notably, Robinhood mentioned how Ryoshi gifted half of Shiba Inu’s supply (500 trillion SHIB) to Ethereum’s co-founder, Vitalik Buterin. 
Per Robinhood, Shiba Inu’s creators designed the token to be run by its community, demonstrating its commitment to decentralization. 
Furthermore, the platform acknowledged that since Shiba Inu’s launch, its community leaders have rolled out notable projects, including the Shibarium Layer-2 scaling blockchain, the ShibaSwap decentralized exchange, and a metaverse project. 
The leading trading platform confirmed that Shiba Inu’s ecosystem team plans to launch an NFT marketplace. Interestingly, Robinhood emphasized how these groundbreaking initiatives reflect strong community leadership within Shiba Inu’s project. Shiba Inu’s Outstanding Success 
Shiba Inu’s remarkable success will stand the test of time in the crypto market. The token, which debuted as a memecoin in 2020, took many by surprise with its success, including Buterin. 
The Ethereum co-founder, who burned 410 trillion of his SHIB holdings and sent the remaining to charities, revealed that he made the move because he expected the token to crash by 100x. 
However, Shiba Inu outperformed his expectations a few months later, as the token surged to an ATH of $0.00008845. This marked a remarkable growth of over 157 million percent from Shiba Inu’s $0.000000000056 initial trading price. 

#shiba⚡ #Crypto #CryptoNewsCommunity #CryptoNewsUSA

💥💥💥 #Chainlink Price Eyes $20 Amid Bullish Market Recovery Signals; More Gains Ahead?

Chainlink ($LINK ) Trading Near Key Support Levels with #BullishSigns

- Chainlink (LINK), a key player in the layer-2 blockchain space, is currently trading near crucial support levels, showing signs of bullish tendencies. Despite the ongoing battle between bulls and bears, LINK is following a bullish trading pattern, indicating the asset may be in a consolidation phase as the market seeks stability.

Chainlink Price Rises as LINK Eyes Further Gains

- Amid the recent market recovery, LINK is showing a positive trend, though it still faces challenges. The price action suggests that the asset is trying to regain momentum while maintaining a cautious stance within the broader market environment.

- At the time of writing, LINK is priced at $11.29, reflecting a 6% increase over the last 24 hours. After hitting a low of $10.66, LINK rebounded to a high of $11.45. This recent upward movement comes during a volatile week marked by significant fluctuations, with both sharp declines and recoveries.

- Daily technical indicators for LINK have also turned bullish in recent hours. The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover, as the MACD line (blue) has moved above the signal line (orange). This typically indicates that bullish momentum is currently stronger than bearish momentum.

- Data from Coinglass reveals a surge in trading activity for Chainlink in recent sessions. Trading volume has jumped by 75%, reaching $402 million, while open interest has increased by 14% to $168 million. This rise in both volume and open interest reflects heightened investor attention and speculative interest in LINK's market movements.

- Looking ahead, LINK faces strong resistance at the $12 level. If bullish momentum continues to build, the price could push toward $15, and with sustained pressure, LINK may even aim for $20.

Source - coingape.com

#BinanceSquareTalks #CryptoMarkets #CryptoNewsCommunity

🔥🔥🔥 #bitcoin☀️ Stagnates as Analysts Forecast Potential Bottom For Ethereum Before End of Year

The #cryptocurrencymarket remained largely flat on Friday, with Bitcoin trading at $58,108, down 0.4% in 24 hours and 5% over the past month. Ethereum ($ETH ) saw a steeper decline, trading at $2,369, down 0.8% in 24 hours and 15% over the month. Analysts predict Ethereum may bottom out in the next 2-4 months, with oversold conditions approaching based on RSI and Stochastics indicators.

Bitcoin spot ETFs saw $39 million in net inflows, while #EthereumETFs had $20.1 million in outflows. Broader market influences include rallies in tech stocks, positive U.S. inflation data, and favorable economic conditions from China, with potential U.S. rate cuts further boosting market optimism.

Analysts expect sideways price movement for crypto until the U.S. presidential elections, with regulatory clarity likely influencing future market direction.

Source - decrypt.co

#BinanceSquareBTC #CryptoNewsCommunity

A wallet linked to Alameda Research has transferred a large amount of Bitcoin, as reported by blockchain security firm PeckShieldAlert. 
Approximately 231.4 BTC, valued at $13.5 million, was moved in the past few hours, with 200 BTC of it being sent directly to Coinbase. This substantial transfer is part of a pattern of movements involving wallets tied to the now-defunct FTX exchange, prompting interest in the purpose of these funds and their potential implications for market liquidity.

#Ftx❓ #Crypto #CryptoNewsCommunity #CryptoNewsUSA #CryptoNews🚀🔥V

💥💥💥Crucial Bitcoin ($BTC ) Price Test Incoming, Dogecoin ($DOGE ) Bullish Breakthrough Begins, Solana ($SOL ) Aims for $150, But There's Silver Lining

1. Bitcoin's Key Test:

Bitcoin (BTC) is currently trading around $58,000, approaching the critical 200 EMA. A break above this level could trigger bullish momentum toward $60,000, while failure may lead to a drop to support at $58,300 or $54,500.

2. Dogecoin's Momentum Shift:

Dogecoin (DOGE) is trading near $0.10 after breaking above its 26-day EMA. It faces resistance at $0.11, with potential targets at $0.12 and $0.14 if momentum continues. A fall below $0.09 would signal further declines.

3. Solana's Recovery:

Solana (SOL) is priced around $134, nearing the 26-day EMA. If it breaks higher, SOL could reach $140-$150, with further targets at $147 and $160. Failure to hold current levels could result in a retracement to $125 or even $115.

These price levels are pivotal for determining the near-term direction of each asset.

Source - u.today

#CryptoMarkets #BinanceSquareTrends #CryptoNewsCommunity

🔍 This Week's Crypto Market Highlights 🔍

📉 Capital and Crypto Markets experienced a simultaneous crash, shaking global investors.
🚀 Mt. Gox ex-CEO set to launch a new exchange, marking a significant return.
🧑‍⚖️ Top VCs Subpoenaed over their involvement with Uniswap.
🏦 United Texas Bank issued a cease and desist order by regulatory authorities.
💼 Robinhood Settles with the DOJ, signaling closure over pending legal issues.
🇧🇷 Brazil CBDC Pilot progresses, pushing their digital currency development forward.
🇬🇧 87% of UK Crypto Applications fail regulatory scrutiny.
📱 Telegram CEO posts his first message since his recent arrest, attracting massive attention.

#CryptoNewsCommunity #CryptoNews🚀🔥 #BlockchainNew #blockchain