On Sept. 30, 2024, ethereum’s price showed consolidation near $2,630 after testing key support and resistance levels. The market exhibits mixed momentum, as oscillators point to neutrality while moving averages provide conflicting signals. Traders are closely watching whether the second leading crypto asset will break through resistance or test lower support zones, given the current […] Source: https://news.bitcoin.com/ethereum-technical-analysis-eth-price-consolidates-amid-market-uncertainty/
Month: September 2024
NFT sales plummet to lowest monthly volume since 2021 — CryptoSlam
NFT transactions dropped 32% from 7.3 million in August to 4.9 million in September. Source: https://cointelegraph.com/news/nfts-lowest-monthly-volume-since-2021-cryptoslam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Why Crypto Exchange Fastex is Embracing ‘Non-Standard Thinking’: CEO
Crypto exchange Fastex has followed an approach that combines innovation with compliance, its CEO Vakhtang Abrahamyan told Decrypt’s sister media outlet Rug Radio during a wide-ranging conversation at Singapore’s Token2049 conference. Speaking to Rug Radio influencer Pukerainbow at Token2049, Abrahamyan explained that Fastex embraces a “customer needs-driven” mentality. “When you have proper people in place with professional knowledge—and we gained…
UBXS Partners With Chainlink to Enhance Real Estate Tokenization System With AI-Powered Innovations
PRESS RELEASE. UBXS, the leading blockchain platform revolutionizing real estate tokenization, is proud to announce a strategic partnership with Chainlink, the decentralized oracle network powering hybrid smart contracts. Through this partnership, UBXS aims to integrate Chainlink’s secure and reliable oracles with an AI structure to enhance its tokenized real estate system, creating a more transparent, […] Source: https://news.bitcoin.com/ubxs-partners-with-chainlink-to-enhance-real-estate-tokenization-system-with-ai-powered-innovations/
World Record Egg’s two crypto tokens smell kind of bad
After reaching a $150 million market cap, the egg token’s dream has become costly for some investors. Source: https://cointelegraph.com/news/world-record-egg-crypto-dream-starting-rot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs Pulled in Another $1 Billion Last Week
Bitcoin spot ETFs have attracted over $1 billion in net inflows in the past one week, highest since July. An expert said it’s evidence institutional investors have become increasingly receptive to digital assets. This surge in investment comes as Bitcoin’s price lingers around the $64,000 mark, despite a slight dip in early Monday trading. BlackRock’s Ethereum ETF (ETHA) led with…
Bitcoin Technical Analysis: Bearish Momentum Meets Critical Support
Bitcoin’s price has entered a critical juncture, with the leading crypto asset showing signs of consolidation after a sharp sell-off from its high of $66,000. On September 30, 2024, the price stabilized around $63,682, supported by mixed technical indicators across various timeframes. The potential for both short-term rebounds and further declines currently creates an uncertain […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-bearish-momentum-meets-critical-support/
Taiwan FSC approves foreign crypto ETFs for professional investors
Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks. Source: https://cointelegraph.com/news/taiwan-fsc-approves-foreign-crypto-etfs-for-investors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Digital Asset Platforms Lose a Record $2.1B in 2024, Mostly Due to Hacks
A Cyvers report reveals that centralized and decentralized digital asset platforms suffered $2.114 billion in losses in the first nine months of 2024, surpassing 2023’s total. Hacks and breaches account for the majority of these losses, emphasizing the need for enhanced security measures. Centralized Exchange Hacks Surge Nearly 1,000% Cybersecurity Cyvers’ analysis shows that losses […] Source: https://news.bitcoin.com/digital-asset-platforms-lose-a-record-2-1b-in-2024-mostly-due-to-hacks/
Onyx to shutdown Ethereum-based lending market, relaunch Onyx Core
After a $3.8 million hack on a long-known security vulnerability, Onyx plans to relaunch its governance-focused financial network with full community support. Source: https://cointelegraph.com/news/onyx-core-relaunch-after-3-8m-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound