Maboo

G.M Frens !

How is your week so far ?

📰 Today's Crypto and Defi Rundown: All the must-know updates in one place! 👇

News 📝

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• 🔍 Bitcoin remains stable at $63,000, with Ethereum showing strong whale activity, pushing its price up to $2,700 despite ETF outflows​.

• 💡 Bybit launches a Shariah-compliant crypto account targeting users from Muslim-majority regions, expected to enhance liquidity and adoption​

• 🌍 China's latest economic stimulus boosts Bitcoin as the cryptocurrency eyes the $70,000 mark, with resistance still holding at $65,000​

• 🚀 EOS network undergoes a major hard fork, introducing new governance features and operational improvements, which could impact the price in the short term​

• 📉 Ethereum ETF outflows reach $79.21 million, raising concerns about institutional support even as whale accumulation continues​.

• 💸 Bitcoin ETFs saw record inflows of $17.7 billion last week, signaling strong market sentiment across the crypto market​

• 🏦 Regulatory discussions intensify in the U.S., particularly around stablecoins, raising concerns over potential impacts on the crypto market​

• 📊 Near Protocol (NEAR) surges 9.07% in the past 24 hours, positioning itself among the top gainers in the crypto market​.

• 📈 Arweave (AR) gains 12.72%, leading the pack in crypto price increases​.

• 🏛️ SEC continues its crackdown on fraudulent crypto projects, increasing regulatory scrutiny in the market​.

• 🏅 Stacks (STX) climbs 6.45% as market momentum picks up for AI-related tokens.

• 🔗 Ethereum transaction fees soar to $37.69 per swap, contributing to growing concerns over high gas costs​.

• 🌐 AI-driven tokens continue to outperform, with Render (RNDR) seeing gains between 18% and 20% over the last 24 hours.

• 🧮 Options contract expirations on September 27 are expected to bring significant volatility to Bitcoin prices​.

• 📉 Monero (XMR) falls 5.31%, becoming one of the biggest losers in the last 24 hours​.

• 🛡️ The crypto market braces for volatility ahead of the upcoming options expiration, which could trigger sharp price movements​.

• 🔄 Akash Network (AKT) suffers a 5.24% drop, facing a challenging market environment​.

• 🛠️ Render (RNDR) and Near Protocol (NEAR) lead crypto surges, benefiting from renewed interest in AI and decentralized tech​.

• 📉 Sui (SUI) sees a 5.75% drop, highlighting challenges for some altcoins amid the current market​.

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Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#MarketDownturn #Binance #DeFi

G.M Frens !

It's Taco Tuesday

📰 Today's Crypto and Defi Rundown: All the must-know updates in one place! 👇

News 📝

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• 🔍 Celestia surged 17.31%, outperforming the crypto market, while Bitcoin and Ethereum struggled amid broader market uncertainties.

• 🚀 Arweave gained 14.26%, becoming one of the top-performing altcoins as the market saw slight corrections across major cryptocurrencies.

• 🌍 Bitcoin is holding above the $63,000 level but continues to face resistance, with investors awaiting more market movements to break above $64,500.

• 📉 UNUS SED LEO and Pendle are among the biggest losers in the past 24 hours, seeing significant dips of over 5%.

• 🏦 Kraken has expanded its operations in Europe by acquiring BCM Broker, further solidifying its presence in the European market.

• 📈 Bitcoin ETFs in the U.S. saw a surge in net inflows, reaching $17.7 billion, a record high as institutional interest remains strong.

• 🛡️ Ripple's legal battle with the SEC remains a focal point in the crypto space as analysts weigh the chances of a successful SEC appeal before October.

• 💡 Artificial Intelligence-related tokens like TAO and NEAR outperformed the market, with NEAR gaining 9.07% over the past 24 hours.

• 🏦 Bitcoin is facing tough resistance at the $65,000 level, and it must break through this barrier to trigger another upward surge.

• 🌍 Ethereum saw a 1.81% drop but remains above critical support levels, while traders wait for its next significant move.

• 🏆 Stacks (STX) and Ronin (RON) were among the top gainers in today's market, seeing gains of 6.45% and 8.77% respectively.

• 🧠 The Fear & Greed Index stayed neutral at 51, reflecting cautious market sentiment as traders prepare for stronger price movements.

• 🏦 Fidelity's Bitcoin ETF, FBTC, reached $138 million in total value, showcasing increased institutional interest in Bitcoin.

• 💼 BuyUcoin reports a strong market rally led by AI-related tokens following the Federal Reserve's interest rate cuts, improving sentiment toward riskier assets.

• 🔔 The CoinDesk 20 Index rose by 1.5% over the last 24 hours, reflecting the broader market's modest recovery.

• 🔗 Render (RNDR) also saw impressive gains, along with NEAR, riding the momentum of interest rate cuts and increased market optimism.

• 💰 Monero (XMR) suffered a 5.31% loss, adding to the mixed performance of privacy-focused cryptocurrencies this week.

• ⚡ The market witnessed a $321 million spike in digital asset investments following the Federal Reserve's rate cut, primarily led by Bitcoin's surge.

• 📊 Bitcoin's technical indicators showed mixed signals, with a bullish crossover in MACD but bearish divergence in the RSI, reflecting potential downside risks.

• 🛠️ Akash Network (AKT) also saw losses, down 5.24%, as market volatility impacted a range of altcoins.

• 📉 Helium (HNT) dropped by 4.65%, following a broader trend of losses among smaller cap tokens over the last 24 hours.

• 🏛️ Bitcoin's initial support stands firm at $62,500, with a critical resistance level forming at $65,000, marking a pivotal point for its short-term price direction.

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Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#MarketDownturn #BullorBear #DeFi

G.M Frens !

Happy Monday, LFG 🚀

📰 Today's Crypto and Defi Rundown: All the must-know updates in one place! 👇

News 📝

---------------------------

• 🔍 Bitcoin hits month-high, surging past $63,000 over the weekend following the Federal Reserve’s interest rate cut. Market sentiment is bullish with altcoins also showing strength.

• 🔧 Dusk Network’s mainnet launch signals the rise of privacy-focused blockchain protocols. Investors are watching closely for market penetration post-launch.

• 📊 Federal Reserve's speculation on another interest rate cut continues to influence crypto markets, with analysts predicting a surge in Bitcoin and altcoin prices.

• 🚀 Numerai prepares to launch V5 "Atlas" on September 25, boosting its data-driven crypto investment strategies. Anticipation is growing for increased market performance.

• 🇰🇷 Korean Blockchain Week concludes, leaving the market abuzz with discussions on blockchain innovation and potential new partnerships.

• 📉 Pendle (PENDLE) leads crypto losses today with a 6.82% drop, followed by SATS, Bonk, and BitTorrent.

• 💡 Tether invests $1.5 million in Sorted Wallet, aiming to promote financial inclusion in emerging markets like Africa and South Asia.

• 🎉 PancakeSwap celebrates its 4th anniversary, marking $836 billion in trade volume and deflationary CAKE token burn.

• 🇺🇸 Kamala Harris highlights AI and crypto investment opportunities, pushing for balanced innovation and consumer protection at a Wall Street fundraiser.

• 🔥 Helium (HNT) surges 8.64% as it continues to grow in the decentralized wireless sector.

• 📈 Ethereum and Lido Staked Ether (STETH) rise 4.8%, boosting confidence in decentralized finance as Ethereum strengthens its position.

• 🚨 German authorities shut down 47 crypto exchanges involved in illegal activities, increasing pressure on crypto regulation.

• 🛑 Political uncertainty around Donald Trump’s legal case is causing volatility in both traditional and crypto markets.

• 💬 Numerai gains attention ahead of its V5 launch, expected to enhance its data science platform for crypto trading.

• ⚡ Sui (SUI) jumps 13.88% in value within 24 hours, showing strong momentum in Layer 1 blockchain solutions.

• 🌐 ImmutableX (IMX) climbs 11.80%, maintaining strong interest in scalable solutions for NFTs.

• 💼 Unstoppable Domains partners with LFG, bringing a new domain service to the Gala Games ecosystem.

• ⚖️ U.S. elections approaching could further boost cryptocurrency interest, as market sentiment strengthens following Federal Reserve developments.

• 💸 Bitcoin dominance holds firm, signaling possible consolidation and bullish signals for both Bitcoin and Ethereum.

• 💎 XRP avoids a significant fall, bouncing off key support, while Solana shows resilience in volatile markets.

• 📊 Aave (AAVE) rises 8.45%, demonstrating DeFi’s resilience and continued interest from decentralized finance enthusiasts.

• 🔐 Dusk Network brings confidentiality and compliance to blockchain with its newly launched mainnet, revolutionizing tokenized asset management.

• 💼 Pi42 CEO predicts that Bitcoin could surge past $70,000, while Ethereum eyes $2,800 as critical resistance in the coming weeks.

• 🌍 Tether supports financial inclusion with a $1.5 million investment in Sorted Wallet, targeting underserved regions like Africa and South Asia.

• 📊 Solana bounces back from support levels, signaling potential for further recovery in its price action.

---------------------------

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#BinanceTurns7 #MarketDownturn #BinanceSquareFamily

G.M Frens !

📰 Today's Crypto and Defi Rundown: All the must-know updates in one place! 👇

News 📝

---------------------------

📊 Bitcoin miner wallets containing coins from 2009 have shown movement for the first time, stirring speculation about Satoshi Nakamoto's involvement and possible impacts on the market.

🏢 MicroStrategy has launched its third debt offering of 2024, raising $700 million to pay off debt and acquire additional Bitcoin, signaling continued institutional confidence in Bitcoin as a long-term asset​.

🏛️ U.S. Representatives are pressing the SEC's Chair Gary Gensler for clear guidelines on crypto airdrops, which could impact how blockchain startups distribute tokens and raise funds

💵 Tether's market share surged from 55% to 75% over two years, reflecting its growing adoption as a payment method and trading pair across the crypto ecosystem​

📈 Bybit, one of the largest crypto exchanges by volume, has been granted a provisional license by Dubai regulators, expanding its reach in the Middle East​

🔥 A low-cap memecoin named Simon's Cat (CAT) is on the verge of a "face-ripping breakout" as traders watch its steady upward movement within the Binance Smart Chain​

🧠 NEAR protocol is seeing renewed interest as it integrates AI applications, potentially breaking out of a six-month downtrend with rising investor enthusiasm​

🏆Tectum won the "Best Blockchain Innovation Award" at the Leaders in Fintech Awards 2024, boosting its reputation as a leader in blockchain innovation​.

📱 Coin98 Wallet Launches Version 15: Coin98 Super Wallet's new update introduces AI and on-chain chat features, providing users with smart interactions in the Web 3.0 space​.

🌍Orderly Network launched an AI bounty program in collaboration with Google Cloud to power Web 3.0 trading, a move that could significantly advance blockchain trading tools​

🔧 QuillAudits is establishing itself as a go-to service for blockchain security audits, further securing the decentralized ecosystem​.

🔐TBTC became the first incentivized Bitcoin asset on EigenLayer, an innovation aimed at securing and scaling decentralized finance protocols​

🎮The open builder platform for scaling Web 3.0 games has been introduced by Super Champs with a Layer 3 chain on Base, aiming to transform the gaming industry​.

⚖️ PayPal partners with Paxos to offer crypto services within its platform, further strengthening its footprint in digital assets​.

🌉 Polygon is deploying zero-knowledge rollups to enhance scalability and security, making it more attractive for enterprise solutions​.

🌱 StarkNet has witnessed tremendous growth, launching over 200 decentralized applications (Dapps) as part of its rapid development in the Ethereum ecosystem​.

🔍 Chainlink's expansion of its Cross-Chain Interoperability Protocol (CCIP) is enabling seamless communication between different blockchain networks, solidifying its role in the crypto infrastructure​.

📉 XRP's price continues to drop as legal uncertainty surrounding Ripple's ongoing lawsuit with the SEC puts pressure on the token.

🔗 Uniswap V4 introduces concentrated liquidity and gas optimizations, promising more efficient and cheaper trades on its decentralized exchange​.

👾 Aave unveils Lens, a decentralized social media protocol that aims to revolutionize how users interact with social platforms by giving them control over their data​.

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Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#MarketDownturn #Web3 #Binance

G.M Frens !

It's finally Friday !

📰 Today's Crypto and Defi Rundown: All the must-know updates in one place! 👇

News 📝

---------------------------

• 📊 Bitcoin Transaction Volume Soars by 18%: Bitcoin transaction volumes saw an 18% surge over the last 24 hours, fueled by growing institutional interest and retail buy-ins​

• 🔥 Bitcoin Miner Revenue Rises: Bitcoin miners have reported a 12% increase in revenue today, benefiting from the recent rise in Bitcoin’s price and a slight reduction in mining difficulty​.

• 🛠️ Ethereum Gas Fees Spike: Ethereum network experiences a surge in gas fees as layer 2 protocols like Arbitrum and Optimism see increased usage​.

• 🚀 Immutable X Leads Altcoin Gains: Immutable X tops the list of altcoin gainers with a 14% increase in price, driven by growing interest in layer-2 scaling solutions​.

• 💳 Visa Expands USDC Pilot: Visa expands its pilot program for USDC stablecoin settlements, allowing more merchants to settle transactions on Ethereum.

• 🧠 Chainlink Introduces New AI Oracles: Chainlink launches AI-powered oracles to enhance smart contract capabilities, bridging real-world data with decentralized applications​.

• 💸 Polygon (MATIC) Sees Strong Adoption: Polygon announces partnerships with several global corporations to bring decentralized applications to mainstream businesses​.

• 🏦 Louisiana Accepts Bitcoin for State Services: Louisiana becomes the first U.S. state to accept cryptocurrency payments for services like fishing licenses, with payments processed via Bead Pay​.

• 🌍 Africa’s Crypto Adoption Booms: African countries see a surge in crypto adoption, especially in peer-to-peer payments and remittances, fueled by local currency instability​.

• 🌐 Solana Launches New DeFi Platform: Solana’s latest decentralized finance platform aims to offer higher scalability and lower transaction fees, attracting a wave of new DeFi users​.

• 📈 Stellar Launches Smart Contracts: Stellar (XLM) officially launches its smart contract capability, allowing developers to create complex DeFi applications on its network​.

• 🖼️ NFT Market Rebounds: The NFT market shows signs of recovery, with sales volumes increasing by 15% over the past 24 hours across major marketplaces​.

• 🎮 Gaming Token Rally: Gaming tokens like AXS and ENJ are seeing strong momentum as blockchain gaming continues to attract mainstream gamers​.

• ⚡ Cardano Releases Hydra Update: Cardano's Hydra update is live, significantly boosting the network’s transaction speeds and scalability for DeFi projects​.

• 🏛️ U.S. Congress Debates Crypto Legislation: The U.S. Congress intensifies its debate on comprehensive crypto regulation, focusing on stablecoin oversight and investor protections.

• 🔒 DeFi Protocol Suffers Exploit: A new DeFi protocol was hacked for $12 million, leading to increased concerns about security vulnerabilities in the decentralized finance space​.

• 🎨 Crypto Art Goes Mainstream: Major auction houses report record sales of crypto art as NFTs from leading digital artists fetch multimillion-dollar bids​.

• 🧑‍🔬 Ethereum Developers Propose Sharding Update: Ethereum core developers propose an updated sharding roadmap to address network congestion and improve scalability.

• 🌱 Chia Blockchain Sees Increased Interest: Chia’s eco-friendly blockchain technology attracts institutional investors due to its energy-efficient proof-of-space consensus mechanism.

• 🛡️ Cybersecurity Concerns Rise in Crypto: Increasing ransomware attacks targeting exchanges and individual crypto wallets spark calls for improved security measures.

• 🔗 Polkadot Partners with Major Financial Institutions: Polkadot forms partnerships with global financial institutions to bring interoperability solutions to the banking industry​.

• 💰 MicroStrategy Acquires $150M Worth of Bitcoin: MicroStrategy has purchased an additional $150 million worth of Bitcoin, further strengthening its position as one of the largest corporate holders of the asset​(

• 📉 Bitcoin Short Liquidations Reach $30M: Over $30 million worth of Bitcoin short positions were liquidated today, as the asset’s price continues to rise, forcing bearish traders to close positions​

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Have a good week end !

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)
#BinanceTurns7 #MarketDownturn #NFT

G.M Frens !

📰 Today's Crypto and Defi Rundown: All the must-know updates in one place! 👇

News 📝

• 📉 Bitcoin surged to a high of $62,500 in Asian trading after the Fed's 0.5% interest rate cut, pushing the total crypto market cap above $2.25 trillion. Altcoins like SUI, Avalanche, and Cardano also recorded notable gains.

• 💸 The Federal Reserve starts a new rate cut cycle, reducing rates by 50 basis points to 4.75%-5.00%, the first such move since March 2020. This decision aims to support economic growth amid a robust economy.

• ⚖️ U.S. lawmakers criticize SEC Chairman Gary Gensler for politicizing cryptocurrency regulation, creating uncertainty in the market.

• 📉 Blockchain analysis firm Glassnode reports a stagnant Bitcoin market, citing minimal capital inflows and outflows.

• 🏦 The Bank for International Settlements (BIS) partners with major banks on the Agora blockchain initiative to reform cross-border payments.

• 💵 Tether reveals it holds $97.6 billion in U.S. Treasury bonds, making it the 18th largest holder globally, surpassing nations like Germany and Australia.

• 🍔 Donald Trump uses Bitcoin to purchase a burger at a New York restaurant, marking a first for a former U.S. president in a crypto transaction.

• 📉 Top crypto losers include KuCoin token, Monero, and CKB - While the majority of the market is rallying, a few tokens like KCS, Monero, and CKB posted losses today.

• 🌐 Crypto market cap climbs to $2.14 trillion - The overall cryptocurrency market has rallied, reaching $2.14 trillion, with altcoins like Solana, XRP, and Ethereum posting gains.

• 🚀 Fantom rallies 16.08% to $0.6631 - Fantom continues its upward trend with significant price increases as market optimism grows.

• 📱 Solana unveils “Seeker,” its second mobile device. The Solana network launched its second smartphone, showcasing its enhanced features and broader use cases beyond just crypto. Solana's price saw a modest rise following the news.

• 🔼 Ethereum rebounds, climbing 4.29% to $2,400 - Ethereum continues its recovery in the market, with ETH gaining over 4% and reaffirming its place as a major altcoin.

• 🏛 Ripple wallet moves 100 million XRP amid regulatory concerns - A significant movement of XRP tokens has sparked interest, especially in the context of ongoing legal battles and regulatory scrutiny.

• 📈 Popcat surges by 21.65% to reach $0.8702 - Popcat token has shown impressive gains in the last 24 hours, joining the ranks of top performers in the market.

• 🚀 Sei Network leads today's gainers, rising over 22% - Sei token has shown strong recovery after a bearish period, becoming one of the top gainers today.

• ⚖️ KuCoin token sees a drop of 3.64% - KCS, the native token of the KuCoin exchange, witnessed a price decline despite broader market optimis

• 📊 Ethereum's dApp volumes have dropped by 19%, signaling concerns for its value accretion narrative.

• 📈 Bitcoin miner Cathedra shifts its strategy toward Bitcoin accumulation as optimism grows for the crypto market.

• 🛠️ The Bank of Japan and BIS launch a pilot for a central bank digital currency, testing its use in cross-border payments.

• 🧑‍⚖️ Coinbase CEO Brian Armstrong reiterates calls for clear crypto regulations in the U.S. amid increasing legal battles with the SE

• 🔍 Chainalysis' latest report shows crypto crime is on the rise, with ransomware attacks accounting for a significant portion of 2024's illicit activities.

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#BinanceSquareFamily #MarketDownturn #DeFi

G.M Frens !

📰 Today's Crypto and Defi Rundown: All the must-know updates in one place! 👇

News 📝

• 💰 Bitcoin climbs to $60.5k amid a 5% gain as investors await the U.S. Federal Reserve’s interest rate decision. Many expect a 50 basis point cut, sparking speculation of further BTC volatility.

• 📈 Fantom surges 10.91% thanks to its Sonic Testnet and a new wallet credit scoring system, making it the top gainer among major altcoins.

• 🚨 Binance denies responsibility for the recent $235 million WazirX hack, distancing itself from any operational control over the platform.

• 🏛️ FlyFish Club faces an SEC fine for selling NFTs deemed to be unregistered securities, raising questions about the future regulation of NFTs.

• 💼 DBS Bank introduces crypto options trading for institutional clients, expanding the range of crypto financial products available to big investors.

• 💸 MicroStrategy plans a $700 million convertible note offering to increase its Bitcoin holdings, maintaining its aggressive BTC acquisition strategy.

• 🌉 Bitcoin stabilizes at $58k after a period of sideways trading, as trading volumes increase by 20% over the past 24 hours.

• ⚖️ Caroline Ellison awaits sentencing for her role in the FTX collapse, with recommendations for supervised release and no fines due to her cooperation with authorities.

• 💥 Altcoins remain stable despite the overall crypto market cap falling by 3.67%, with Ethereum up by a marginal 0.42% and Solana trading at $132.61.

• 🚀 Celestia climbs 6.99% following strong technical indicators, marking a solid gain amid a sluggish market.

• 🧑‍⚖️ The U.S. SEC increases crypto scrutiny, including a clampdown on certain decentralized finance (DeFi) projects offering unregistered securities.

• 🏦 The U.S. Federal Reserve’s rate decision is expected to bring significant market volatility, especially affecting Bitcoin and other major cryptocurrencies.

• 🌐 Trump-backed financial event sparks crypto debate, discussing the future role of decentralized finance and digital assets in reshaping traditional markets.

• 🔨 Sei Token drops by 6.03% due to market uncertainty, becoming one of the top losers on September 17, 2024.

• 🎓 Mastering crypto futures becomes essential as more institutional traders enter the space, demanding advanced trading strategies.

• 📉 Gold slips by 0.5% as Bitcoin strengthens, showing a growing inverse correlation between traditional assets and digital currencies.

• 💡 Microsoft and BlackRock team up for a $30 billion AI fund, expected to attract attention to AI-focused crypto projects.

• 🔍 Ethereum maintains its position above $2,300 despite sluggish trading, with marginal gains observed across the market.

• 🧠 Crypto whales shift to AI-focused tokens, as anticipation grows around AI infrastructure investments from major tech players.

• 📉 XRP faces challenges amid ongoing legal battles with the SEC, although its price remains relatively stable with small gains.

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#Binance #DeFi #Web3
$ETH $BTC $SOL

G.M Frens !

📰 Today's Crypto and Defi Rundown: All the must-know updates in one place! 👇

News 📝

• 📈 Bitcoin Bulls Attempt a Breakout: Bitcoin bulls worked to reverse the recent downtrend, attempting to build momentum for a sustained price increase after a period of weakness.

• 💸 Fed Rate Cut Could Trigger Crypto Rally: With the Federal Reserve expected to cut interest rates for the first time in four years, many speculate this could spark a significant rally in the crypto market, particularly impacting Bitcoin and Ethereum.

• 🛠️ The Graph Enhances Tooling for Solana Devs: The Graph introduced new tools to help developers build decentralized applications on Solana, offering improved data access and integration.

• 🚀 Ripple, Hedera, and Aptos Partner for MiCA Compliance: Major blockchain players Ripple, Hedera, and Aptos teamed up to enhance MiCA compliance in the EU while focusing on sustainability efforts.

• 🎮 Hamster Kombat Offers 7 Million Coins in Daily Challenges: Hamster Kombat's latest daily challenge presents an opportunity for players to earn up to 7 million coins.

• 📉 Bitcoin Struggles at $60K: Bitcoin has been unable to maintain its price above $60K, with support levels around $57.5K being closely monitored.

• 💰 Grayscale Launches XRP and SUI Trusts: Grayscale announced the launch of XRP and SUI trusts on September 11, with significant interest from institutional investors boosting token prices.

• 🏅 Polygon’s Ticker Migration Could Fuel MATIC Surge: Polygon’s upcoming migration to POL could lead to a 100% rally in MATIC prices as the mainnet upgrade progresses.

• 📉 ETH Below $2,400 After Weekend Decline: Ethereum saw a sharp drop over the weekend, falling below $2,400 as bears regained control of the market.

• ⚡ Bitcoin Hashrate Hits Record High: Despite market volatility, Bitcoin’s hashrate surged to an all-time high, reflecting increased network security and mining activity.

• 💸 Coinbase Integrates PayPal for U.S. Users: Coinbase announced a partnership with PayPal, allowing users in the U.S. to seamlessly buy and sell crypto via their PayPal accounts.

• 🌐 Aptos Sees Surge in NFT Activity: NFT trading volume on the Aptos blockchain spiked on September 16, driven by new marketplace integrations and project launches.

• 🏦 DeFi Protocol TVL Drops 5% in September: Decentralized finance protocols experienced a 5% drop in total value locked (TVL) by mid-September due to market-wide price corrections.

• 🎮 Decentraland Partners with Major Brands for Virtual Event: Decentraland has announced new brand partnerships for a large-scale virtual event set for late September, expected to draw thousands of attendees.

• 🔗 Polkadot Releases New Cross-Chain Messaging Update: Polkadot launched a new update on September 16, enhancing its cross-chain messaging capabilities and furthering its interoperability efforts.

• 🐋 Whale Activity on Bitcoin Increases as Price Drops: Large Bitcoin holders have been accumulating more coins during the recent price drop, signaling potential market confidence.

• 🏦 Binance Faces Continued Regulatory Pressure in Europe: Binance remains under scrutiny in several European countries, with regulators investigating its compliance with local laws.

• 🌍 Chainlink Expands Operations in Asia: Chainlink announced plans to significantly expand its operations in Asia, focusing on integrating its oracle services across multiple blockchain networks.

• 📊 Crypto Market Cap Falls Below $1.1 Trillion: The global cryptocurrency market cap fell below $1.1 trillion due to continued selling pressure and market corrections.

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#Binance #DeFi #Web3

G.M Frens, Happy Sunday !

📰 Today's Crypto and Defi Rundown: All the must-know updates in one place!👇

News📝

⚡️Bitcoin ETFs Inflows Surge: U.S. spot Bitcoin ETFs saw their highest daily inflows in nearly two months as BTC approached $60,000, reflecting renewed institutional interest. The total inflows reached $1.61 billion, signaling increased confidence in the market's recovery.

📊September Historically a Bad Month for Bitcoin : Data reveals that September has been Bitcoin's worst-performing month since 2013, with an average price drop of 6%. This trend reflects broader market downturns, including the S&P 500​

🏦UK Moves to Recognize Digital Assets as Personal Property: The UK Parliament proposed legislation that would officially classify digital assets as personal property, providing stronger legal protection for crypto holdings​.

🇮🇳 India Leads as a Global Crypto Hub in CSAO Region: India, along with Singapore and Indonesia, is emerging as a key player in the crypto world, contributing to the CSAO region’s status as a global leader in blockchain innovation​.

🌐Worldcoin Expands to Solana : Worldcoin's ecosystem continues to grow as it integrates with Solana through the Wormhole protocol, boosting World ID's reach and adoption.

🔐SEC Faces Scrutiny Over Staffing Bias Claims : U.S. lawmakers have initiated an investigation into the SEC, probing allegations of political favoritism in the agency's staffing and regulatory decisions​.

⛏️Bitcoin Mining Difficulty Hits Record High : Bitcoin’s mining difficulty reached a new peak of 92.67 trillion, making it harder for miners to generate rewards as revenues decline​.

📉U.S. Job Data Drives Bitcoin Price Above $56K : A weaker-than-expected U.S. jobs report fueled speculation of a Fed rate cut, pushing Bitcoin's price above $56K as investors reacted to macroeconomic factors​.

📈Blockchain Gaming Hits Record 4.2M Daily Active Users : The blockchain gaming sector hit a new milestone in August, with 4.2 million daily active users, showing the rising interest and adoption in Web3 gaming​.

📈Aptos Blockchain Hits Record Activity: Aptos reports unprecedented activity, though concerns about bot involvement linger, raising questions about its real user base.

🔍SBF Appeals Conviction Over Judicial Bias Claims : Sam Bankman-Fried's legal team filed an appeal to overturn his conviction, citing concerns about judicial bias during his trial​.

🖥️Bitcoin Active Address Momentum Slows : Bitcoin's active address growth has stagnated, echoing patterns from previous market peaks, leading analysts to caution about potential price consolidation​.

🏛️Polymarket Influences $1.2B in Crypto Donations for U.S. Elections : The U.S. political landscape is increasingly intertwined with crypto, as election-related donations from the industry soared to $1.2 billion​.

🎮Ethereum Wallet Agnostic Trading Expands : Ethereum-based protocols are pushing the boundaries of decentralized finance with new solutions for wallet-agnostic trading, improving user experience across different chains​.

🚀Polygon's POL Token Sees Price Spike: Binance completes the transition from MATIC to POL, causing the new token to surge, reinforcing its position as a major scaling solution.

Stay informed, stay ahead!🚀

See u soon 😇

Maboo :)

#BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI #BinanceTurns7

G.M Frens, TGIF !

📰 Today's Crypto Rundown: All the must-know updates in one place! 👇

News 📝

• Ethereum Validators Surge: The Ethereum network sees a significant rise in the number of validators, enhancing its security and contributing to long-term network stability. 🔒 (CoinDesk, Cointelegraph)

• BNB Chain Proposal: Binance's BNB Chain proposes a new governance model to decentralize decision-making, a move seen as a positive step towards greater community involvement. 📊 (The Block, CryptoSlate)

• SEC vs. Coinbase Update: The legal battle between Coinbase and the SEC intensifies as both sides prepare for a major court hearing later this month, which could shape the regulatory future of crypto exchanges in the U.S. ⚖️ (CoinTelegraph, CoinDesk)

• Solana's Rapid Growth: Solana's Total Value Locked (TVL) has been on a sharp rise recently, bolstered by strong whale activity and a renewed interest in DeFi. 🐋 (The Block, CoinGecko)

• Bitcoin Volatility Drops: Bitcoin volatility has hit a two-year low, signaling potential accumulation phases, as traders wait for the next big market mover. 📉 (CryptoSlate, CoinTelegraph)

• Arbitrum's Layer 2 Expansion: Arbitrum sees a surge in user activity, as more dApps and DeFi protocols choose the network for lower transaction costs and scalability. 🛠 (CryptoNews, The Block)

• Circle Partners with Arbitrum: Circle integrates USDC on Arbitrum’s Web3 platform, advancing stablecoin use across Layer 2 solutions. 🔄 (CoinDesk, The Block)

• BTC ETF Anticipation: Anticipation for a Bitcoin ETF grows after the SEC delays its decision, keeping the market on edge for possible approval. 📈 (CryptoSlate, CoinTelegraph)

• DeFi Security Breach: Another decentralized exchange suffered a major hack, with attackers exploiting a vulnerability to drain $4.5 million worth of assets. 🔓 (The Block, CryptoNews)

• OpenSea's New Royalties Policy: OpenSea plans to introduce flexible royalties for NFT creators, allowing more customization and potentially reshaping the NFT marketplace. 🎨 (CoinTelegraph, CryptoSlate)

Crypto & DeFi Projects Updates 📈

Rocket Pool (RPL) ➤ Rocket Pool, a decentralized Ethereum staking protocol, has gained traction as one of the leading liquid staking solutions. It recently introduced its Smart Node Staking Contracts, offering improved security and scalability, allowing smaller validators to participate in Ethereum staking with a lower minimum stake. 🚀 (CoinTelegraph, DeFiLlama)

PancakeSwap (CAKE) ➤ PancakeSwap continues to dominate Binance Smart Chain (BSC) with new updates aimed at improving user experience, including expanded liquidity pools and a revamped interface. These changes are expected to further consolidate its position as one of the top decentralized exchanges on BSC. 🥞 (CoinDesk, CoinTelegraph)

Yearn Finance (YFI) ➤ Yearn Finance launched an update to its vault strategies, optimizing yield aggregation and reducing gas costs for users. The update focuses on maximizing returns for stablecoins and other assets across multiple DeFi protocols. 💼 (CoinTelegraph, CryptoSlate)

SushiSwap (SUSHI) ➤ SushiSwap’s new Trident framework, designed for enhanced efficiency and lower fees, has seen rapid adoption. This update aims to compete directly with Uniswap by introducing customizable pool types for liquidity providers. 🍣 (CryptoNews, DeFiLlama)

Stargate Finance ➤ Stargate Finance has introduced its cross-chain liquidity transfer protocol, enabling seamless token transfers between Ethereum and other Layer 1 and Layer 2 chains. This is aimed at boosting interoperability between blockchain ecosystems. 🔗 (CoinTelegraph, The Block)

Aperture Finance ➤ Leveraging AI-powered intents, Aperture Finance simplifies the complex process of liquidity provision by allowing users to express their goals in natural language. This could mark a shift in how newcomers and seasoned DeFi users engage with decentralized exchanges. 🤖 (CoinGecko)

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#DeFi #SEC #Solana⁩

G.M Frens !

📰 Today's Crypto Rundown: All the must-know updates in one place! 👇

News 📝

• Binance Prepares for Firo Network Upgrade: Binance announced its support for Firo's upcoming network upgrade, with users advised to anticipate temporary disruptions. 🛠️ (Coinotag, The Block)

• Aave's Wrapped Bitcoin Initiative: Aave is considering adding Coinbase’s cbBTC (wrapped Bitcoin) to its platform, a move aimed at increasing DeFi integration with Bitcoin. 🔗 (Coinotag, The Block)

• Ethereum Holds Ground Amid Fluctuations: Ethereum price remained steady between $2,275 and $2,390, showing resilience in the face of growing market volatility. 💪 (CoinTelegraph, CryptoNews)

• Federal Reserve Rate Cut Anticipation Grows: Speculations over an upcoming Fed rate cut are heating up, with some analysts expecting a 25 basis point reduction next week, potentially fueling further crypto market movements. 📉 (CoinTelegraph, The Block)

• Horizen's v5.0.4 Upgrade: Bybit confirmed its support for Horizen’s v5.0.4 network upgrade, designed to enhance the platform's scalability and performance. 🔄 (Coinotag, CoinDesk)

• Bitcoin Exchange Reserves Decline: A significant drop in Bitcoin exchange reserves to multi-year lows indicates increased long-term holding sentiment, despite short-term volatility. 📊 (The Block, CoinDesk)

• Bybit Lists HMSTR Token: Bybit has listed the new HMSTR token, generating excitement in the meme coin community as speculation grows over its potential growth. 🐹 (CoinTelegraph, The Block)

• Flowcarbon Faces Investor Refunds: Flowcarbon’s blockchain-based carbon credit project has hit a major setback, with refunds being issued to investors following delays in its Goddess Nature Token (GNT) release. 🪴 (CoinTelegraph, The Bloc

• Coinbase Expands Institutional Services: Coinbase has expanded its institutional crypto services, adding new OTC trading capabilities. This move aims to attract more high-net-worth individuals and institutional players into the crypto space. 📊 (CoinTelegraph, CoinDesk)

• OKX Launches Zero-Fee Trading: OKX has introduced a zero-fee trading policy for select pairs, hoping to boost its user base by reducing friction in trading costs, especially during volatile periods. 💰 (CoinTelegraph, BeInCrypto)

Crypto & DeFi Projects Updates 📈

Fantom's Native Wallet Upgrade ➤ Fantom is upgrading its native wallet to support enhanced DeFi functionalities, including improved staking rewards and integrated governance features, set to launch later this month. 🛠️ (CryptoNews)

Aave Expands Multi-Chain Presence ➤ Aave, one of the largest lending protocols, is expanding its reach across Ethereum, Polygon, and Avalanche. This strategic move has helped push its total value locked (TVL) to $6.39 billion, bolstering its position in the DeFi space. 🌍 (Finbold, CryptoSlate)

MakerDAO's TVL Growth ➤ MakerDAO, the force behind the decentralized stablecoin DAI, has witnessed a 2% increase in its TVL, now at $8.49 billion. This demonstrates the project's resilience and growing influence in decentralized finance. 📈 (Finbold, The Daily Hodl)

Uniswap Generates $50M in Fees ➤ Uniswap continues to dominate decentralized trading, generating $50 million in fees over the past 30 days, with a 10% rise in its TVL, now at $4.08 billion. 🦄 (CoinDesk, Finbold)

DeFi TVL Reaches 15-Month High ➤ The total value locked in DeFi protocols hit a 15-month peak of $192 billion, driven by Ethereum and Solana’s growth. This milestone marks a resurgence in DeFi adoption and liquidity. 🚀 (The Daily Hodl, DappRadar)

Curve Finance Enhances Staking Options ➤ Curve Finance introduced enhanced staking features for its CRV token holders, offering higher yields and governance privileges, aiming to attract more liquidity and solidify its leadership in the DeFi space. 💧 (CryptoSlate, Finbold)

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#MarketDownturn #BinanceSquareFamily #DeFi

$BTC $ETH $SOL

G.M Frens

📰 Today's Crypto Rundown: All the must-know updates in one place! 👇

News 📝

• Bitcoin Reaches Key Resistance: Bitcoin saw its third consecutive day in the green, reaching $58,000 but facing resistance as it attempts to break $60,000. A Fed rate decision next week could play a major role in its next move. 📈 (CoinSwitch, CoinGecko)

• Rocket Pool Soars: Rocket Pool's native token, RPL, surged 22%, standing out in the top 500 tokens. This growth comes even as the Liquid Restaking Token (LRT) trend loses steam following the EigenLayer token launch. 🚀 (CoinSwitch, CoinDesk)

• Helium Loses Momentum: Helium (HNT), a leader in the Decentralized Physical Infrastructure space, dropped by 7% after pausing a growth rally. 🛑 (CoinSwitch, CoinGecko)

• PayPal & Venmo to Accept ENS: PayPal and Venmo plan to integrate Ethereum Name Service (ENS) for blockchain names, making cryptocurrency transactions even more accessible to mainstream users. 💳 (CoinDesk, Cryptonews)

• Coinbase Layer-2 Success: Coinbase’s Layer-2 solution, though not as technologically advanced as others, has gained significant traction thanks to effective marketing efforts. 📊 (CoinDesk, CryptoNews)

• API3’s New Oracle Solutions: API3 introduces advanced oracle solutions aimed at improving data accuracy and efficiency in decentralized finance applications. This move positions them to cater to growing demands in the DeFi space. 🛠️ (CryptoNews, Decrypt)

• XRP's Fade Amid Bitcoin's Wobble: Ripple's XRP struggles to gain momentum as Bitcoin's price volatility continues to impact altcoin markets. 📉 (DailyCoin, CoinTelegraph)

• Arthur Hayes Exits Short Position: Arthur Hayes, founder of BitMEX, has closed his short Bitcoin position and predicts a potential BTC rally in the coming days. 📈 (DailyCoin, BeInCrypto)

• Coinbase Wins Partial Legal Battle Against SEC: A New York judge has granted Coinbase access to key SEC documents, marking a significant step in their ongoing legal dispute. ⚖️ (DailyCoin, CoinDesk)

• QuickSwap’s Gasless Exchange: QuickSwap announces the launch of its gasless perpetual exchange, aiming to enhance user experience on Ethereum Layer 1. 🚀 (DailyCoin, CoinTelegraph)

• Cardano’s Memecoin Surge: Cardano's Nike-inspired memecoin jumps 130%, marking an unexpected rally amidst a generally flat crypto market. 🐷 (DailyCoin, BeInCrypto)

• NoOnes Exchange Defies Regulations: The crypto exchange NoOnes adds privacy coins like Monero and Zcash, pushing back against regulatory scrutiny. 🔒 (DailyCoin, CoinTelegraph)

• Shiba Inu DAO Funds Stolen: $90,000 worth of Ethereum was stolen from Shiba Inu's DAO fund, raising concerns over the project's security measures. 🐕‍🦺 (DailyCoin, BeInCrypto)

• ETFSwap Rising: As Bitcoin and Ethereum ETFs face bearish sentiment, ETFSwap is emerging as a promising project in the decentralized finance space. 🏦 (DailyCoin, CoinTelegraph)

• Aleph Zero Expands: Aleph Zero's new NEON program aims to accelerate global enterprise adoption of blockchain technology, partnering with giants like Vodafone. 🌐 (BeInCrypto, DailyCoin)

Crypto & DeFi Projects Updates 📈

Liquity V2 Launch ➤ Liquity has introduced Protocol Incentivized Liquidity (PIL), a mechanism aimed at boosting ecosystem liquidity. This upgrade brings new staking and liquidity incentives, providing users with a way to earn higher yields while stabilizing the system. 📈 (CryptoNewsLand, CoinDesk)

Ether fi’s Restaking Protocol ➤ Ether fi is moving to a restaking model on the Scroll Layer-2 network. This shift will help scale Ethereum more efficiently by providing lower fees and greater transaction throughput, while also allowing stakers to secure additional rewards. 🔄 (CoinDesk, CryptoNews)

MakerDAO's Compliance Focus ➤ MakerDAO is shifting its priorities towards regulatory compliance, rather than focusing solely on decentralization. By doing so, they aim to meet legal standards while continuing to grow their DeFi lending platform without centralization risks. ⚖️ (CryptoNews, Decrypt)

Kujira Expansion on THORChain ➤ Kujira’s integration with THORChain is set to enhance decentralized exchange capabilities, improving liquidity across multiple assets. This move bolsters Kujira's presence in the DeFi space, creating cross-chain liquidity solutions. 🔗 (Cointelegraph, CoinDesk)

API3’s Oracle Update ➤ API3’s latest oracle solution promises greater efficiency for DeFi applications by providing more accurate real-time data. This service will help DeFi protocols better manage price feeds, enabling safer and more precise financial instruments. 🛠️ (CryptoNews, Decrypt)

Tonstakers Rewards Program ➤ Tonstakers, supported by the TON Foundation, launched liquidity rewards for tsTON holders. This initiative is part of a broader strategy to increase network liquidity and reward long-term stakers with attractive incentives. 💧 (BlockchainReporter, Cointelegraph)

Aave GHO Stablecoin Plan ➤ Aave’s native stablecoin, GHO, is on the cusp of meeting its $40M market cap goal to enable buyback mechanisms. This milestone would solidify its position in DeFi lending markets and offer increased stability for users. 💰 (Cryptopolitan, CryptoNews)

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

$BTC $ETH $SOL
#Binance #DeFi #Bitcoin

G.M Frens

📰 Today's Crypto Rundown: All the must-know updates in one place! 👇

News 📝

• Bitcoin ETF Interest Grows: With the SEC extending its decision on multiple Bitcoin ETFs, institutional investors remain hopeful for regulatory clarity that could spur significant inflows into BTC. 📈 (CoinTelegraph, CryptoNews)

• XRP Sees New Developments: Ripple's XRP token showed signs of increased utility in cross-border payments, as institutional interest continued to expand globally. 🔄 (The Block, Markets)

• Solana's Ecosystem Booms: Solana's recent infrastructure updates have led to notable increases in DApp activity, positioning the blockchain for further growth despite market volatility. 🚀 (CoinDesk, Markets)

• Binance Faces Ongoing Challenges: Binance’s regulatory struggles continue, with new jurisdictions scrutinizing the exchange’s operations, but BNB has shown resilience amid market fluctuations. 🛡️ (CryptoNews, CoinDesk)

• Stacks Network Drops: Stacks (STX), a Layer 2 protocol for Bitcoin, saw a significant price drop following its recent peak, with analysts citing profit-taking and market cooling. 📉 (CoinTelegraph, CryptoNews)

• Ethereum DeFi Uptick: Ethereum-based DeFi platforms experienced renewed growth, with rising TVL across several major protocols as the Layer 2 ecosystem continued to evolve. 🔒 (CoinDesk, CryptoNews)

• Toncoin Gains Momentum: Revived by the TON Foundation, Toncoin (TON) saw a surge in value and increased user adoption across decentralized applications. 📈 (Markets, The Block)

• Cardano Shows Volatility: Cardano's (ADA) price continued its rollercoaster movement, with short-term dips reflecting broader altcoin market trends. ⬇️ (CryptoSlate, CoinGecko)

• Klaytn Sees Recovery: After a steep decline, Klaytn (KLAY) rebounded with a 17.5% surge in the last 24 hours, reflecting market volatility and renewed interest. 🔄 (CryptoNews, CoinTelegraph)

• Stablecoins Under Scrutiny: Tether (USDT) and other stablecoins face increasing regulatory pressures, as global authorities aim to implement more stringent rules to ensure financial stability. 💵 (CryptoNews, CoinDesk)

• Ripple's Stablecoin Move: Ripple is set to launch its own stablecoin, positioning itself as a competitor to USDT and USDC in cross-border payments. 💵 (CoinDesk, CryptoNews)

• US Regulatory Pressure: U.S. senators are introducing a new bill aimed at increasing transparency in crypto exchanges, further signaling Washington’s heightened scrutiny on the sector. ⚖️ (CryptoNews, The Block)

• Chainlink’s Staking v0.2 Launch: Chainlink has rolled out an update to its staking mechanism, aimed at enhancing network security and providing greater rewards for stakers. 🔒 (CoinDesk, CoinGecko)

• Binance's Legal Woes: Binance continues to face legal and regulatory challenges in the U.S., but remains focused on maintaining its global dominance through expansion in Europe and Asia. ⚖️ (CoinTelegraph, CoinDesk)

• Brazil’s Crypto Tax Law: Brazil’s government has introduced new tax legislation on crypto holdings, which is expected to influence the broader LATAM market in terms of adoption and regulation. 💰 (CryptoSlate, The Block)

Crypto & DeFi Projects Updates 📈

➤ Ribbon Finance Adds Structured Products on zkSync: Ribbon Finance has introduced new structured products on the zkSync layer-2 network, aiming to reduce transaction costs while enhancing yield opportunities for DeFi users. This is part of a broader push to layer-2 adoption. 🌐 (Source: The Block, CoinDesk)

➤ Alchemix Launches V2 Vaults on Arbitrum: Alchemix has expanded its DeFi offerings with the launch of its V2 vaults on Arbitrum. These new vaults are designed to improve user flexibility and lower gas fees, boosting adoption on the layer-2 network. 🔄 (Source: CoinDesk, CoinTelegraph)

➤ dForce Introduces Liquid Staking Derivatives: dForce has introduced liquid staking derivatives, allowing users to stake assets and maintain liquidity for further DeFi activities. This launch aligns with growing demand for flexible staking solutions in DeFi. 💰 (Source: Decrypt, The Block)

➤ Rocket Pool Partners with Coinbase Ventures: Rocket Pool has announced a strategic partnership with Coinbase Ventures, focusing on expanding its liquid staking services. The collaboration aims to boost liquidity and enhance user participation in Ethereum staking. 🚀 (Source: The Block, CoinTelegraph)

➤ Angle Protocol Integrates Optimism for Cross-Chain Transfers: Angle Protocol has expanded its reach by integrating with Optimism, allowing cross-chain transfers of its decentralized stablecoin agEUR. This update is part of Angle's strategy to increase multi-chain liquidity. 🔄 (Source: CoinDesk, Decrypt)

➤ Pendle Finance Introduces Yield Tokenization on Arbitrum: Pendle Finance has launched its yield tokenization services on Arbitrum, offering users more options for maximizing returns on their assets. This move helps the protocol grow within the expanding Arbitrum ecosystem. 🌐 (Source: The Block, CoinTelegraph)

➤ Bancor Introduces New Tokenomics Model: Bancor has revamped its tokenomics model with an emphasis on reducing impermanent loss for liquidity providers. This update aims to make Bancor a more attractive option for yield farming and liquidity provision. 💰 (Source: The Block, CoinTelegraph)

➤ Tokemak Launches Liquidity Reactor for Avalanche: Tokemak has introduced a new liquidity reactor for Avalanche, designed to optimize liquidity distribution within the Avalanche ecosystem. This marks Tokemak’s expansion into multi-chain liquidity provision. 🔄 (Source: CoinDesk, Decrypt)

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#Binance #DeFi #Bitcoin
$BTC $ETH $SOL

G.M Frens, Happy Monday !

📰 Today's Crypto Rundown: All the must-know updates in one place! 👇

News 📝

. Bitcoin Stability: Bitcoin hovers around the $55K mark with low volume, indicating potential for sudden price movement as market participants await key U.S. economic data this week. 📊 (CoinSwitch, Cointelegraph)

• Uniswap Eyes Cross-Chain Expansion: Uniswap is exploring integrating with the Base Layer-2 network, aiming to expand cross-chain functionality and improve liquidity. 🔄 (CryptoSlate, CryptoBriefing)

. El Salvador’s Bitcoin Entrepreneurs: A new wave of entrepreneurship is emerging in El Salvador, with small business owners capitalizing on Bitcoin's use for remittances and local payments. 💼 (CoinDesk, CoinTelegraph)

. Nigeria's Crypto Crackdown: Nigeria's SEC is preparing a major crackdown on unregulated crypto platforms, aiming to protect investors and maintain market integrity. 🔨 (CryptoNews, CoinTelegraph)

. Trust Wallet's Expansion: Trust Wallet CEO reports rapid growth in Africa and South Asia, driven by demand for stablecoin access in these regions. 🌍 (CryptoNews, Cointelegraph)

. BBVA Expands Crypto Services: BBVA, a major bank in Spain, introduces USDC services to Swiss clients, offering broader crypto custody options. 🏦 (CoinTelegraph, CryptoNews)

. Whale Activity on Cardano: Cardano sees increased whale transactions, as large investors continue accumulating ADA, raising speculation about a price surge. 🐋 (CoinSwitch, CryptoNews)

. Russian Business Lobby Pushes for Crypto: Russian companies are urging the government to allow more flexible use of stablecoins and cryptocurrencies in domestic transactions. 🇷🇺 (CryptoNews, CoinDesk)

• Solana's Stability Debate: Solana developers are deliberating potential upgrades to further stabilize the network, as it continues to face occasional outages. ⚡ (CoinDesk, The Block)

• Tether Introduces New Stablecoin: Tether has launched a new stablecoin pegged to the Swiss franc (CHFT), aimed at expanding its presence in the European market. 💶 (CoinTelegraph, CryptoSlate)

• Polygon's Latest Strategic Moves: Polygon Labs has entered into a partnership with Google Cloud to explore further developments in blockchain scalability, leveraging Google's AI expertise. 🤖 (CryptoSlate, CoinDesk)

• Grayscale's Legal Victory: Grayscale has won a significant legal battle with the SEC, pushing closer to converting its Bitcoin Trust into a Bitcoin ETF, which could greatly influence institutional investment. 🏛️ (CoinTelegraph, CryptoNews)

• Binance Delisting 4 Tokens: Binance announced the delisting of four altcoins, including MASK, citing regulatory risks and low liquidity concerns. 💱 (CoinTelegraph, CryptoNews)

• DeFi TVL Decline: August saw a significant 15.8% drop in DeFi Total Value Locked (TVL), reflecting broader market downturns, especially on major chains like Ethereum and Solana. 📉 (Binance Research, CoinDesk)

• NFT Sales Drop: NFT sales volume fell by 10.7% in August, with major collections like CryptoPunks and Bored Ape Yacht Club experiencing volatility. 🖼️ (CryptoSlam, CoinDesk)

• Ethereum Layer 2 Activity Booms: Ethereum Layer 2 networks, such as Arbitrum and Optimism, reported a surge in daily transactions, outpacing the Ethereum mainnet. 🚀 (CoinTelegraph, The Block)

• Bitcoin Mining Difficulty Increases: Bitcoin mining difficulty hits an all-time high, reflecting strong network security amid recent price turbulence. ⛏️ (CryptoSlate, CoinGecko)

• Stablecoins Surge: Despite a bearish market, stablecoin transactions hit a monthly high in September, showcasing continued demand for low-volatility assets. 💲 (CoinDesk, The Block)

• Dogecoin Foundation Update: The Dogecoin Foundation introduced a new advisory board to enhance long-term sustainability and community governance. 🐕 (CoinTelegraph, Coin360)

Crypto & DeFi Projects Updates 📈

Liquity Expands ETH Staking Support ➤ Liquity has announced support for ETH staking derivatives, providing users with more ways to earn yield on their staked Ethereum. This update aims to attract more liquidity into its decentralized borrowing protocol. 🏦 (Source: CoinDesk, The Block)

Aura Finance Adds New Boosted Pools ➤ Aura Finance has introduced new boosted liquidity pools to offer higher returns for users staking Balancer LP tokens. This expansion is designed to incentivize liquidity provision and strengthen the Balancer ecosystem. 🔄 (Source: Decrypt, CoinTelegraph)

Idle Finance Integrates Flash Loans ➤ Idle Finance has integrated flash loans into its yield optimization protocol, allowing users to leverage short-term borrowing for arbitrage and liquidation opportunities. This update enhances the platform's DeFi utility. ⚡ (Source: The Block, CoinTelegraph)

BarnBridge Reopens After Smart Contract Audit ➤ BarnBridge has resumed operations following a comprehensive audit of its smart contracts. The protocol introduces additional security features to safeguard user assets after a brief pause. 🔐 (Source: CoinDesk, Decrypt)

Maple Finance Launches Institutional Lending Pools ➤ Maple Finance has launched new institutional lending pools aimed at providing crypto-native companies access to capital. These pools will offer more efficient borrowing solutions in the DeFi space. 📊 (Source: CoinTelegraph, CoinDesk)

KeeperDAO Implements Improved MEV Protection ➤ KeeperDAO has rolled out a new feature to protect users from Miner Extractable Value (MEV) attacks, improving transaction fairness and security. This upgrade aims to create a more transparent and equitable DeFi environment. 🛡 (Source: The Block, Decrypt)

Have a nice week and let's make money !

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#Binance #DeFi #BTC

G.M Frens,

📰 Today's Crypto Rundown: All the must-know updates in one place! 👇

News 📝

Ethereum ETF Hopes Rise: Bloomberg analysts now place the odds of an Ethereum ETF approval in 2024 at 75%, potentially boosting institutional interest. 📈 (Cointelegraph, NewsBTC)

Polygon zkEVM Growth: Polygon’s zkEVM has seen a sharp increase in usage, with more than 500,000 transactions in September alone, highlighting its growing appeal for scaling Ethereum. 🔄 (CoinDesk, Blockworks)

Avalanche Partners with TSM: Avalanche has signed a strategic partnership with gaming giant TSM to bring blockchain gaming to the mainstream, driving AVAX's market interest. 🎮 (The Block, CoinTelegraph)

Solana Staking Grows: Solana has experienced a significant surge in staking participation, which strengthens its security and decentralization efforts. 🔒 (CoinDesk, CryptoNews)

BNB Chain Expansion: Binance’s BNB Chain has launched a new scalability solution to handle higher transaction volumes and improve network efficiency. 🚀 (BlockchainReporter, CoinDesk)

DeFi Lending Spike: DeFi lending platforms like Compound have seen a 15% rise in borrowing activity amid Ethereum’s rising gas fees. 📊 (CryptoNews, Blockworks)

Litecoin Halving Impact: Two months post-halving, Litecoin has maintained its security and is seeing increased integration into payment platforms. ⚡ (CoinTelegraph, CryptoSlate)

Meme Token NEIRO Defies Market: Despite the broader downturn in meme coins, NEIRO is gaining traction with new exchange listings and a strong community push. 🐶 (Cryptopolitan, CoinGecko)

Coinbase Legal Progress: Coinbase scores a partial victory in its legal battle with the SEC, securing access to crucial documents, potentially shaping the future of crypto regulation in the U.S. ⚖️ (CryptoNews, The Block)

Binance Expands in Kazakhstan: Binance is set to become one of Kazakhstan’s first regulated digital asset platforms, reflecting growing crypto adoption in the country. 🇰🇿 (CoinTelegraph, CryptoSlate)

Ripple’s Japan Stablecoin Plans: Ripple is planning to introduce a stablecoin in Japan, tapping into the growing demand for cross-border digital payments. 🌍 (The Block, CryptoNews)

Magic Eden’s U.S. Segmentation: NFT platform Magic Eden launches a dedicated service for U.S. users, improving regulatory compliance and operations in the country. 🎨 (CoinTelegraph, CryptoSlate)

300ms Bitcoin Transactions: Bitcoin and Dogecoin are testing 300ms transaction times using zero-knowledge proofs, a move that could significantly enhance blockchain efficiency. ⚡ (CryptoNews, CoinDesk)

VanEck’s Ethereum ETF Closure: VanEck announced it will liquidate its Ethereum futures ETF due to poor demand, casting doubts on the future of similar products. 📉 (CoinDesk, CryptoSlate)

Flow Blockchain's Crescendo Upgrade: Flow blockchain has launched its "Crescendo" upgrade, which aims to improve infrastructure and attract more developers to its ecosystem. 📈 (Blockchain Reporter, CryptoNews)

Helium’s Price Surge: Helium’s network expansion has driven its price up by 13%, as new partnerships continue to strengthen the project. 📡 (NewsBTC, CoinGecko)

Crypto & DeFi Projects Updates 📈

Aave Launches GHO Stablecoin Testnet ➤ Aave has deployed the testnet for its much-anticipated native stablecoin, GHO. This launch marks the start of a new stablecoin era on the Aave protocol, offering a decentralized option for stable assets. 🏦 (Source: CoinTelegraph, The Block)

Alchemix Launches Cross-Chain Vaults ➤ Alchemix has introduced cross-chain vaults, allowing users to mint synthetic assets across multiple blockchains. This innovation increases interoperability and liquidity in the Alchemix ecosystem. 🌐 (Source: The Block, CoinTelegraph)

ThorChain Expands Cross-Chain Liquidity ➤ ThorChain has expanded its cross-chain liquidity offerings, now supporting additional assets like Bitcoin and Litecoin. This update enhances ThorChain’s mission of enabling seamless cross-chain asset swaps. 🔄 (Source: The Block, CoinTelegraph)

Euler Finance Introduces Layer-2 Scaling ➤ Euler Finance has announced the integration of layer-2 solutions to improve scalability and reduce transaction costs on its lending platform. This move is expected to enhance user experience and increase platform adoption. 🚀 (Source: Decrypt, CoinDesk)

Yearn Finance Launches yETH Vault ➤ Yearn Finance has introduced a new Ethereum-focused vault called yETH, designed to optimize yield farming strategies for ETH holders. This could enhance passive income opportunities for stakers in the ecosystem. 🏦 (Source: The Block, CoinTelegraph)

Alpha Homora Adds Leveraged Staking ➤ Alpha Homora has expanded its offerings to include leveraged staking on Binance Smart Chain, allowing users to increase yield by borrowing against their staked assets. This update is designed to attract more users seeking higher returns. 📈 (Source: The Block, CoinTelegraph)

Synthetix Partners with Chainlink ➤ Synthetix is collaborating with Chainlink to boost oracle reliability for synthetic asset price feeds. This partnership ensures greater security and accuracy for users trading synthetic assets on the platform. 🔗 (Source: Decrypt, CoinTelegraph)

SushiSwap Rolls Out On-Chain Governance ➤ SushiSwap has officially implemented on-chain governance, allowing its community to vote directly on protocol changes via smart contracts. This marks a significant move toward decentralization. 🗳 (Source: CoinTelegraph, CoinDesk)

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#Binance #DeFi #Web3
$BNB $SOL $ETH

G.M Frens,

📰 Today's Crypto Rundown: All the must-know updates in one place! 👇

News 📝

• Samsung Expands in Blockchain: Samsung Next invests in Startale Labs to enhance Ethereum's Layer 2 solutions, deepening its involvement in Web3 infrastructure. 💻 (Coin360, The Block)

• Euler Finance v2 Launched: Euler Finance launches version 2 of its DeFi lending platform, bringing advanced modular features and enhanced risk management for decentralized finance. 🏦 (CoinGecko, CoinDesk)

• Penpie Hack: Penpie, a DeFi protocol, lost $27 million in a hack, forcing Pendle to halt operations briefly to protect over $100 million in assets. 🔒 (CoinDesk, CoinTelegraph)

• Zurich Cantonal Bank’s Crypto Push: Switzerland's largest cantonal bank, ZKB, adds Bitcoin and Ethereum trading and custody services for clients, signaling more institutional adoption of crypto. 🏦 (CoinGecko, CryptoSlate)

•AI & Crypto Convergence: Nvidia's market turmoil could impact AI-focused blockchain tokens like Fetch ai, but experts predict long-term growth as AI and crypto continue to intersect. 💻 (CryptoNews, CoinDesk)

• Uniswap CFTC Fine: Uniswap Labs was fined $175,000 by the CFTC for facilitating illegal leveraged retail transactions, further stoking regulatory debates in DeFi. ⚖️ (CoinTelegraph, CoinDesk)

• Vitalik Buterin's STRK Movement: Ethereum’s co-founder Vitalik Buterin unlocked $470,000 in STRK tokens, which caused a stir among the crypto community. 🧐 (The Block, CoinGecko)

• Solana Whale Offloading: A Solana whale sold over $99 million worth of SOL, continuing weekly sales despite Solana’s 31% growth this year. 🐋 (CoinGecko, CoinTelegraph)

• Consumer Price Index impact on crypto: The upcoming US CPI report for August is expected to impact crypto markets as inflation pressures weigh on investor sentiment. 📊 (CoinTelegraph, CoinDesk)

• Token2049 set for major announcements: Industry leaders gear up for the Token2049 conference, where big announcements from key players in DeFi and blockchain are expected. 🌐 (CoinTelegraph, CoinDesk)

• Brazil’s CBDC moves forward: Brazil’s Central Bank taps Visa and Santander to lead the next phase of its CBDC project, signaling advancements in digital finance. 🇧🇷 (CryptoNews, CoinTelegraph)

• FTX legal drama continues: US prosecutors dismiss claims of a breach in the plea deal with former FTX executive Ryan Salame, keeping legal battles in the spotlight. ⚖️ (CryptoNews, CoinTelegraph)

• Trump’s crypto venture: Former President Trump’s crypto project, World Liberty Financial, faces skepticism over its feasibility amid his presidential run. 🇺🇸 (GreekReporter, The Block)

• Ethereum: Analysts say Ethereum’s rising inflation isn’t necessarily bad, with potential long-term benefits for the ecosystem. 🚀 (CryptoNews)

Crypto & DeFi Projects Updates 📈

Radiant Capital's Cross-Chain Expansion ➤ Radiant Capital has expanded its lending and borrowing services to support multiple blockchains, enhancing liquidity and interoperability. This move marks a major milestone for cross-chain DeFi solutions. 🔗 (Source: CoinTelegraph, The Block)

Frax Finance Unveils Frax v3 ➤ Frax Finance introduces Frax v3, focusing on greater algorithmic stability and decentralization within its stablecoin protocol. This upgrade is designed to strengthen its place as a leading stablecoin in DeFi. 🔄 (Source: Decrypt)

Stargate Finance Integrates with LayerZero ➤ Stargate announces its integration with LayerZero, facilitating seamless cross-chain swaps and bridging liquidity across different blockchains. This integration enhances cross-chain operations for DeFi protocols. 🌐 (Source: CoinTelegraph)

Kava Lend Adds New Collateral Types ➤ Kava Lend now accepts Bitcoin and Ethereum as collateral for loans on its platform. This new feature gives users more flexibility and options when borrowing against their crypto assets. 🏦 (Source: The Block, CoinDesk)

GMX Tops DeFi Revenue ➤ GMX, a decentralized perpetual exchange, outperformed other DeFi protocols in revenue over the past 24 hours, driven by high trading volume and demand for perpetual contracts. 📊 (Source: Decrypt)

MakerDAO Proposes DAI Savings Rate Increase ➤ MakerDAO is considering a proposal to increase the DAI Savings Rate (DSR) to attract more users to lock up their DAI. This move could significantly boost demand for the decentralized stablecoin. 💰 (Source: CoinDesk)

Compound Launches Treasury Service ➤ Compound has launched a new treasury service aimed at institutional clients, offering a simplified way for large firms to earn yield on digital assets. This is part of Compound’s strategy to attract traditional finance into DeFi. 💼 (Source: The Block)

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#DeFi #SEC #ETH

G.M Frens,

📰Today's Crypto Rundown: All the must-know updates in one place!👇

News 📝

• Bitcoin ETF buzz: Grayscale continues to push for a spot Bitcoin ETF approval as the U.S. SEC reviews applications. Meanwhile, the crypto community remains optimistic after positive signals from BlackRock.📈 (The Block)

• Ripple expands its reach: Ripple, the company behind XRP, has made strides with its Liquidity Hub, adding new partnerships that aim to streamline cross-border payments. This follows their courtroom victory over the SEC.🌍 (CoinDesk)

• Binance faces scrutiny: Following a year of legal troubles, Binance is now facing inquiries from European regulators over its compliance with KYC and AML rules.(BeInCrypto)

• Avalanche teams up with AWS: The Avalanche blockchain announces an expansion of its partnership with Amazon Web Services, aiming to bring more enterprise use cases to Web3.🌐(CoinTelegraph)

• Ellipsis Labs raises $20M: The developer behind the Solana-based DEX, Phoenix, secures major funding to expand its operations, signaling growing interest in decentralized exchanges.💰 (CoinDesk)

• Mercuryo introduces virtual debit cards: Mercuryo launches euro-denominated virtual debit cards for crypto wallets, usable at over 100 million merchants across Europe.💳(Sources: Coin360, CryptoTimes)

• EigenLayer launches token airdrop: EigenLayer begins its Season 2 stakedrop, distributing 86M EIGEN tokens to users and validators.🪂(Sources: Coin360, TheBlock)

• Aave founder sells millions of AAVE: Aave's founder has sold $6.67M worth of AAVE tokens amid rising social interest and potential overvaluation.💼(Sources: CryptoTimes, Coin360)

• Injective tokenized index launch: Injective rolls out a tokenized index for BlackRock’s BUIDL fund, allowing leverage and long/short positions.📈(Sources: TheBlock, Coin360)

• Worldcoin expansion: Worldcoin increases global distribution, despite ongoing privacy concerns surrounding its iris-scanning devices.🌍(Sources: Coin360, TheBlock)

• Ethereum staking milestone: Ethereum staking reaches a new record, with over 27 million ETH now staked, reflecting increased confidence post-merge.🏦(Sources: CryptoSlate, CoinDesk)

• Monochrome files for Ethereum ETF: Monochrome, an Australian firm, files for the country’s first Ethereum-based ETF, riding the wave of growing institutional interest.💡(Sources: Cointelegraph, TheBlock)

Crypto & DeFi Projects Updates📈

Aave V4 Upgrade ➤ Aave just rolled out its V4 upgrade, boosting capital efficiency and introducing cross-chain features. This promises to improve user experience while attracting more liquidity across various blockchains.🚀(Source: The Block, CoinDesk)

Uniswap’s V4 Launch ➤ Uniswap is preparing to release V4, which includes customizable pools and optimized gas fees. This upgrade will provide traders with more flexibility and cheaper transaction costs.🔄 (Source: CoinTelegraph, Decrypt)

Synthetix Synthetic Stocks ➤ Synthetix plans to launch synthetic stocks, giving users the ability to trade traditional equities on-chain. This innovation could further bridge the gap between traditional finance and DeFi.📈 (Source: CoinDesk, Decrypt)

Balancer Governance Issue ➤ Balancer is facing governance challenges but is actively working with its community to resolve the situation. Despite this hurdle, it remains a core protocol for decentralized liquidity.⚙️(Source: The Block, CoinTelegraph)

dYdX Layer 2 Rollout ➤ dYdX confirmed the launch of its Layer 2 protocol, aiming to reduce fees and improve transaction speeds for derivatives trading. This upgrade will make DeFi trading more scalable and accessible.⏩ (Source: Decrypt)

Radiant Capital Expands ➤ Radiant Capital is expanding its cross-chain lending and borrowing services, offering users the ability to move assets seamlessly across blockchains. This step marks a significant move towards DeFi interoperability.🔗(Source: CoinTelegraph)

PancakeSwap’s Syrup Pools ➤ PancakeSwap has introduced new Syrup Pools to increase staking rewards, incentivizing liquidity providers and stakers. This initiative is part of PancakeSwap's efforts to remain competitive in the DeFi space.🥞 (Source: The Block)

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

#Binance #DeFi #ETH

G.M Frens,

📰 Today's Crypto Rundown: All the must-know updates in one place! 👇

NEWS 📝

•South Korea's crypto crackdown: South Korea’s Financial Supervisory Service is inspecting local exchanges under the new Virtual Asset Users Protection Act, creating uncertainty in the market. 🔎 (Sources: Neilyanto, BlockchainReporter, Coindesk)

•Bitcoin under pressure: Bitcoin faces downward pressure due to Binance’s regulatory troubles, with analysts predicting a potential drop to $14K. 📉 (Sources: Neilyanto, ETHNews, TheBlock)

•Polygon’s POL rally: Polygon has successfully transitioned from MATIC to POL, showing signs of strong upward momentum, with analysts eyeing a 100% price increase. 📊 (Sources: Neilyanto, BlockchainReporter, CryptoSlate)

•Trump family DeFi venture: The Trump family partners with Aave to launch a stablecoin project aimed at boosting the USD’s presence in decentralized finance. 💼 (Sources: Neilyanto, ETHNews, CoinTelegraph)

•Polkastarter V4 launches: Polkastarter’s V4 upgrade introduces new features to the platform, potentially boosting investor and developer interest. 🚀 (Sources: BlockchainReporter, ETHNews, Decrypt)

•Fantom’s Sonic upgrade: Fantom’s upcoming Sonic upgrade could drive a 133% surge in value, offering a bullish opportunity in a largely bearish market. 🏗 (Sources: Neilyanto, ETHNews, CoinDesk)

•1inch token surges 20%: A $1.75M buyback by the 1inch team triggered a 20% spike in token price, garnering attention within the DeFi space. 💰 (Sources: BlockchainReporter, Neilyanto, CryptoBriefing)

•TRON hits new highs: TRON (TRX) has surged by 21% this month, with the potential for another 30% rise if it breaks resistance levels. 🔥 (Sources: ETHNews, Neilyanto, CoinTelegraph)

•Solana struggles: Solana continues to experience volatility, down 22% for the month. It must break $176.89 for any signs of a recovery. ⚠️ (Sources: ETHNews, BlockchainReporter, Decrypt)

•BlastUP poised for a 1000% surge: BlastUP’s recent listings on MEXC and Bitget have increased exposure, with analysts predicting a 1000% value surge by year-end. 💥 (Sources: ETHNews, BlockchainReporter, CryptoSlate)

• Mt. Gox CEO Returns with EllipX: Mark Karpeles is launching EllipX, a new crypto exchange built with transparency in mind. Users get reduced fees and NFTs, aiming to rebuild trust after the Mt. Gox collapse. 🔥 (Source: Techopedia​)

• Ethereum Revenue Drop: Ethereum Layer 1 revenues plummeted 99% post-Dencun upgrade, causing concerns over the platform's ability to sustain itself long-term. 💰 (Source: Cryptonews)

• Solana & Ethereum Rally Predictions: Analyst Altcoin Sherpa predicts a Q4 or early 2025 rally for Solana and Ethereum. Potential gains ahead after current price dips. 🚀 (Source: Daily Hodl)

Crypto & DeFi Project Highlights 📈

• Lido (LDO) Leads in ETH Staking → Lido continues to dominate liquid staking with control of 80% of the market, pushing DeFi liquidity growth. This surge boosts staking rewards while keeping liquidity flowing across DeFi protocols. 🌊(Source: CoinDesk, The Block)

• Curve Finance (CRV) Plans Governance Upgrade → Curve is working on a new decentralized governance structure to reduce inflation and improve security. These changes aim to incentivize user participation and enhance long-term sustainability. 🔐(Source: The Block, Decrypt)

• Ribbon Finance (RBN) Expands Options Trading → Ribbon Finance is integrating multi-chain options trading, offering crypto derivatives and advanced strategies for better risk management. This opens more opportunities for DeFi users looking for higher returns. 📈(Source: Decrypt)

• Liquid Staking Tokens Surge → Liquid Staking Tokens (LSTs) are seeing rapid adoption, with the market growing by $26B this year. Their ability to combine staking rewards with liquidity is driving DeFi’s explosive growth into 2024. 🚀(Source: CoinDesk)

• SuiPlay Pre-orders Skyrocket → The Web3 gaming handheld device, SuiPlay0x1, is gaining massive attention, with 2025 pre-orders already selling fast. A major boost for blockchain gaming! 🎮 (Source: Cryptonews)

•DeFiChain's September Hard Fork → DeFiChain is set for a hard fork in mid-September, introducing enhanced owner rewards, faster block times, and improved token ownership transfers. The update also strengthens decentralization with the nearing integration of the Ocean protocol. 🌐 (Sources: DeFiChain, Finextra)

•Tangible's Tokenization of Real-World Assets → Tangible, on the Polygon blockchain, enables users to own fractions of assets like real estate and gold through its TNFT marketplace, bridging traditional assets with DeFi. This innovation offers greater accessibility for investors. 🏡 (Sources: CoinBureau, Finextra)

Stay informed, stay ahead! 🚀

See u soon 😇

Maboo :)

GM Frens,

📰 Today's Crypto Rundown: All the must-know updates in one place! 👇

News📝

• Ethereum Under Pressure: ETH is struggling around $2,400, facing strong selling pressure. Watch the $2,300 support level—it's crucial for any potential rebound.📉(Source: CoinDesk, Cointelegraph )

• Bitcoin Supply at Record High: BTC’s illiquid supply reaches a new peak, hinting at possible bullish momentum if demand spikes.🚀(Source: The Block, Coindesk )

• India Leads in The Sandbox: India emerges as the leading content creator in The Sandbox Metaverse, contributing to rapid growth in the sector.🌏(Source: Coindesk )

• Bitcoin Mining Profit Slumps: JP Morgan notes that Bitcoin mining profitability has dropped to an all-time low, signaling challenges for the industry.💻(Source: Coindesk)

• Ripple’s Stablecoin Incoming: Ripple USD is set for launch soon, following the USDC peg loss earlier this year.💵(Source: Coindesk)

• North Korean Hackers Target Crypto: The FBI warns of an increase in North Korean cyberattacks on Web3 platforms.🛡️(Source: Cointelegraph)

• Cosmos & Osmosis Merger: A merger between Cosmos and Osmosis could enhance liquidity but raises governance concerns.🔄(Source: Cointelegraph )

• Japan Signals Rate Hikes: The Bank of Japan hints at potential rate hikes, creating market volatility and affecting Bitcoin.📊(Source: Coindesk)

• SEC Under Fire: SEC Commissioner Uyeda criticizes the agency's current stance on crypto regulation, calling for clearer rules.⚖️(Source: Cointelegraph )

• Binance Exec's Health Worsens: Binance CEO raises concerns as the health of a detained executive in Nigeria deteriorates.🚨(Source: Cointelegraph)

Crypto & DeFi Project Highlights📈

• SUI Token Unlock: Over 19.84M SUI tokens unlocked, with more from Series B and other categories—watch for market impacts.🔓(Source: BeInCrypto)

• ZetaChain (ZETA) Release: 53.89M ZETA tokens released—key for cross-chain interoperability, keep an eye on the market.🌐(Source: BeInCrypto)

• Taiko (TAIKO) Airdrop: 12M XAI tokens dropped for zk-Rollup scaling—boosting Ethereum’s performance.📈(Source: BeInCrypto)

• Immutable X (IMX) Unlock: 32.47M IMX tokens now in circulation—significant for web3 gaming growth.🎮(Source: BeInCrypto)

• Aptos (APT) Unlock: 11.31M APT tokens released across various allocations—potential market shake-up.📊(Source: BeInCrypto)

• Pendle (PENDLE) Security Update: $105M in DeFi funds secured after a recent attack—system back to normal.🛡️(Source: The Block)

• Balancer (BAL) New Feature: Balancer introduces new liquidity staking pools, boosting DeFi yield opportunities.💧(Source: Decrypt)

• Uniswap v4 Proposal: Uniswap’s new version promises more efficient gas fees and advanced trading features. ⚙️(Source: Cointelegraph)

Stay informed, stay ahead!
🚀

See u soon
Maboo :)

Gm Frens,

Welcome to my Square account!

Today, we're going to talk about Artificial Intelligence and its benefit on the blockchain ecosystem and cryptocurrencies.

As you may have noticed, AI has arrived in force in the tech sector and literally swept everything in its path, with companies such as Open IA (supported by Microsoft), or Nvidia, for example, seeing their market capitalization skyrocket, making them prime targets for investors the world over looking for reliable returns.

AI is the future of the tech ecosystem, and can be applied to absolutely everything, from simple discussions with a robot, providing us with reliable, fast and accurate information, to much-needed automation in certain key sectors, enabling us to improve our processes enormously.

So the question is: What impact will this have on blockchain and the cryptocurrency ecosystem?

There are multiple positive aspects about IA in the blockchain ecosystem.

First of all, AI is capable of analyzing large amounts of data in record time. AI monitors market trends in real time. In a way, AI can predict the future. The aim of AI is to make trading less random and gains more secure.

For security, AI is a game changer. AI is capable of detecting suspicious transactions. It can thus alert cryptocurrency holders to fraudulent trades, making operations more reliable. AI's intervention in cryptocurrency is intended to bring greater confidence to exchanges, and therefore to develop crypto-based projects more serenely

But for me, where our attention should be driven is more mainstream than this.

Since the recent development of AI, and the democratization and buzz surrounding GPT Chat in particular, we've been hearing a lot of concerns from people about the fact that it will soon be impossible to distinguish between an AI and a real human in every sectors and also soon on everything to do with the stock market or traditional banking transactions (not on blockchain).

In the ever-increasing flow of digital productions constantly arriving in our ecosystem, it will be impossible to distinguish human from robot, and it is in this context that blockchain will be our savior and become indispensable for every human being.

Indeed, blockchain will be the only way to digitally authenticate yourself and prove that you are a real human being, and it will also be the only way to have proof that is frozen in time and therefore subject to no control other than the one we currently have on blockchain, so there will be no need to set up “big brother”-style surveillance.

The future therefore lies in the blockchain, and we can also relate this to digital assets such as bitcoin, because it's a proof of ownership that can't be stolen (in the context of asset protection via a cold wallet, for example). If we own 1 bitcoin, it will be impossible for anyone to take away this property, which will be registered and protected by the blockchain.

Perhaps the classic currency exchange market is destined to disappear with AI?
I therefore believe that blockchain will soon be indispensable in the world with the arrival of AI.
This was my first post, so don't hesitate to tell me what you think in the comments and share this thread to help open up perspectives!

Many thanks and see you soon!

Maboo :) 

#AI
#DeFi #IAetBlockchain #ETH #BTC