#AirdropGuide
Crypto airdrops are a thrilling part of the cryptocurrency world, where projects distribute free tokens to users. It’s like getting a surprise gift! Airdrops help spread awareness, reward early supporters, and grow a community. For participants, it’s an opportunity to get free tokens, which can be held or traded.
How Do Crypto Airdrops Work?
Airdrops are typically announced on a project’s website, social media, or crypto forums. To participate, you may need to:
Sign up for the airdrop by providing your email or wallet address. Complete tasks like following the project on social media, joining their Telegram group or sharing content. Hold a specific cryptocurrency in your wallet for a “snapshot” (a record of your balance at a certain time). Check your wallet for free tokens once the airdrop is completed!
Types of Airdrops
Standard Airdrop: These are open to anyone who signs up or completes simple tasks. It’s the most common type of airdrop.
Example: In 2020, Uniswap airdropped 400 UNI tokens to anyone who had used their platform, which later became quite valuable.
Holder Airdrop: These are targeted toward people already holding a specific token. If you hold a certain cryptocurrency, you’ll get free tokens.
Example: The Spark airdrop rewarded XRP holders with FLR tokens in 2020.
Exclusive Airdrop: These reward early supporters, loyal followers, or those who were part of a project’s initial phase.
Example: dYdX, a decentralized exchange, gave tokens to users who had traded on the platform before a set date.
Bounty Airdrop: This type involves completing tasks like content creation, referrals, or translations in exchange for tokens.
Example: BitTorrent ran a bounty airdrop for users who promoted the project on social media.
Hard Fork Airdrop: When a blockchain forks into two, holders of the original token receive new tokens from the new chain.
Example: Bitcoin Cash (BCH) was distributed to Bitcoin holders after the Bitcoin fork in 2017.

#BTCReboundsAfterFOMC

Bitcoin is pinned below $65K but several market structure-altering factors are at play

Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory.


$BTC

This week was a real belt-buster on so many levels. Federal Reserve Chair Jerome Powell finally gave a portion of the market what it wanted by tossing out a 50 basis point interest rate cut. 
The S&P 500 hit another all-time high and gold remains in up-only mode. 
In response to the policy shift and other factors, Bitcoin BTC$63,131 broke out and found strength up to $64,133. Even with the long-awaited Fed policy shift confirmed, Bitcoin’s day-to-day price action has yet to deviate from its six-month norm. 

As mentioned in previous weeks, the Bitcoin chart shows a structurally ordered downtrend. On the higher timeframe, price is making weekly lower highs, and futures-driven liquidations drive the price action. Even the Sept. 18 to Sept. 20 move to the range highs is within the boundaries of the current six-month range. 

At the time of writing, BTC price can be observed peeling back from resistance at the previous (Aug. 24) breakout high at $65,000 which also lines up with the 200-day moving average. If the weekly candle closes below this level, then the pattern of weekly lower highs is still in play. 

A natural outcome of a breakout like the one seen this week would be for price to retest underlying support near the 20-day moving average ($60,000 to $58,500 range), especially if traders fail to follow through on the current breakout with sustained spot volumes. During the last 6-months, spot volumes have been relatively flat, while a majority of Bitcoin’s price action has been driven by futures liquidations and options market activity. 

#Token2049
Fed rate cuts may be politically motivated and will increase inflation. Arthur Hayes
The former BitMEX boss said the Fed has acted in the interests of presidential candidate Kamala Harris.

Arthur Hayes, co-founder of BitMEX, thinks that the only reason behind the Federal Reserve’s recent downgrade of interest rates is political and that it will have an effect on markets and inflation.
In an interview with Cointelegraph during Token2049, which took place in Singapore on September 18th, Hayes shared his thoughts about what could have motivated this action by The Fed speculating that it might be some campaign support for the Democratic Party:
“I am looking at it from a macro view that Jerome Powell [the chairman] and Janet Yellen [who is the Treasury secretary] want to pump up financial markets so that Kamala Harris can win the nomination.”
The Federal Reserve lowered its interest rate by 50 points on the eighteenth day of September, something that had been expected by investors and professionals in the sector.
This will have huge effects on conventional and cryptocurrency markets, with a lasting impact on inflation and economic stability.
He noted a divergence between the rate cut and current economic indicators, saying that if the United States continues experiencing robust gross domestic product growth despite huge unemployment by historical standards, no one would decrease short-term interest rates.
He explained that making borrowing easier for the government was inconsistent with fears of irresponsible government spending:
“I think they are trying to drive market prices up further, to take them into November’s ballot box in a richer condition, and then the inflation is going to take off.”


$BTC $

#BinanceLaunchpoolHMSTR
Currently, on Sep 17, 2024, Hamster Kombat (HMSTR) trades at about $0.119. At present, it has faced a lot of fluctuations, moving between a low cycle of $0.047 and a high cycle of $0.121. #NeiroOnBinance FOMC



In the past month alone, HMSTR has dropped almost 65%, reflecting present bearishness in the market, where the Fear & Greed Index stands at 33 (showing that there is fear currently).

Nonetheless, longer-term price predictions for Hamster Kombat tend to be mildly optimistic, with estimates indicating that it can get to as high as $0.35 to $0.45 by the end of the year 2024 depending on the growth of users and sentiments in the entire cryptocurrency industry​.

#FOMC #CPI_BTC_Watch #NeiroOnBinance
Bitcoin price analysis
Bitcoin has pulled back below the 20-day EMA ($58,338) on Sept. 16, indicating that the bears are applying pressure.


BTC/USDT daily chart. Source: TradingView
If the price turns up from the current levels, the bulls will make one more attempt to drive the BTC/USDT pair above $61,200. If they succeed, the pair could start a rally to $65,000. A break and close above $65,000 will negate the lower highs formation on the pair, which is a positive sign.
Conversely, a close below the 20-day EMA could tug the price to the vital support zone between $55,724 and $52,550.

Meme Coin News: Binance Lists Neiro, Turbo, and Baby DogeCoin

#NeiroOnBinance

Binance has listed three meme coins today, and their prices spiked. Meanwhile, Justin Sun announced an ‘exciting week for Tron memes,’ while Pump. Fun surpassed 2 million coins & $100 million in revenue.



Major crypto exchange Binance has announced the listing of three meme coins: Neiro, Turbo, and Baby DogeCoin

$SOL
As we’ve seen above, these coins have performed very well over the past 24 hours despite the overall market drop.
The trio has significantly outperformed the rest of the meme coin market.

#BinanceLaunchpoolCATI
Hurry up! Guys
Don't miss a chance
Lock your coin BNB, FDUSD.
Few time left

Crypto VC funding: Huma Finance raises $38m, Fuse clinches $12m
#HumaFinance   #PinAI  #Castile   #BlocksenseNetwork
Over the past seven days, 19 startups have raised venture capital funds, with Huma Finance receiving the largest round of $38 million. The company plans to use the $10 million in equity financing and $28 million via yield-bearing RWAs to expand its PayFi network globally. It also plans to go live on Solana and Stellar's smart contracts network in the coming months.

Fuse, a London-based decentralized renewable energy developer, secured $12 million in a funding round led by Multicoin Capital. PIN AI, an AI infrastructure company, confirmed $10 million in pre-seed funding to develop the world's first open-source Personal Intelligence Network (PIN). The list of backers includes A16z CSX, Hack VC, Blockchain Builders Fund (Stanford Blockchain Accelerator), NEAR Protocol founder Illia Polosukhin, SOL Foundation president Lily Liu, Symbolic Capital, Mysten CEO Evan Cheng, builder (Worldcoin Foundation), Foresight Ventures, Nomad Capital, Cresta co-founder Tim Shi, Espresso CEO Ben Fisch, Gitcoin co-founder Scott Moore, Alumni Ventures, and Dispersion Capital.

DRiP, the startup behind Solana-based creator platform DRiP, collected $8 million in seed funding on September 9. The list of backers includes A16z CSX, Hack VC, Blockchain Builders Fund (Stanford Blockchain Accelerator), Coinbase Ventures, and Progression.

Nytro Lab, a Hong Kong-based developer, raised $8 million in funds for their inaugural blockchain game, Castile. Infinite raised $6 million in a funding round, with Electric Capital, Mirana Ventures, Hashed, and Arthur Hayes’ family office, Maelstrom, participating. Other startups include Blocksense Network, Syrupal Protocol, Fountain Platform, Wingbits, Titan, T1 Protocol, Hyperbridge Protocol, Amalgam, Orange Cap Games, GasHawk, Universal Health Token, and Carrot CRT.

Bitcoin network hits record level of power, but falling profits push miners to AI.
#BinanceLaunchpoolCATI
Key Points :
Bitcoin rose more than 12% in the past seven days and the network hash rate hit an all-time high.
Another key metric showed it’s never been more difficult to make money in bitcoin mining.
Core Scientific, the top-performing publicly traded miner, has appeased Wall Street by moving into artificial intelligence and high-performance computing.
A Bitcoin sign is seen in the main hall during the Bitcoin 2024 conference at Music City Center on July 26, 2024, in Nashville, Tennessee.
It was a week of extremes for bitcoin
enthusiasts.
On the plus side, the cryptocurrency rose 12% in the past seven days and the network hash rate hit an all-time high. Hash rate refers to the collective computing power of all miners in the bitcoin network, and the recent high suggests there have never been more miners online, actively securing the network.
At the same time, another key metric this week showed it’s increasingly difficult to make money in the mining business. Investment bank Jefferies wrote in a report that crypto mining was “significantly” less profitable in August. The average daily revenue per exahash, or income per miner, fell by 11.8% from the prior month, Jefferies said.
As bitcoin becomes more of an established, and even mainstream part of the economy, the days of easy money appear to be in the rearview mirror. Institutional capital has poured in since the SEC approved spot bitcoin exchange-traded funds in January, and the bitcoin network is more robust than ever, held together by a vast and decentralized network of miners securing transactions with the help of large banks of machines.

#EarnFreeCrypto2024
1. Plenty of crypto exchanges will put some crypto in your wallet if you sign up as a client (just as brokerages will give you cash if you sign up as a client.)

2. Staking your crypto can help you earn a continual source of income, which can be especially advantageous if you’re a long-term buy-and-hold investor looking to stack up some coins. The rewards vary from coin to coin, but those for more speculative coins tend to be higher.

3. A non-fungible token, or NFT, is a kind of digital asset or artwork. Technically, NFTs aren’t cryptocurrency, but you can trade them for crypto quickly. So how do you get free NFTs in the first place? There are giveaways for those, too.

4. Some websites offer you the chance to learn about cryptocurrency and earn a little bit of it at the exact time. You may need to watch some videos, take a short quiz, and pass to earn the bonus.

5. The developers of a new cryptocurrency may do an airdrop — a giveaway — of their new coin to hype it and generate more interest and excitement around it. You may have to do a few things to have the potential of receiving new coins, such as following the crypto project on social media, tracking it on a Discord channel, or otherwise supporting the project.

6. It sounds a bit like an old internet game with a new trick: Take a survey and get some cash. But this time, the cash is crypto. And that’s what some sites allow you to do these days.