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San Francisco, United States, September 18th, 2024, Chainwire Aleo’s L1 creates a new ecosystem for secure and programmable applications that allow users a new level of control over their data Today, the Aleo Network Foundation officially announced the launch of the Aleo Network, a layer-1 blockchain that combines general-purpose programmability with the power of zero-knowledge proofs (ZKPs). The network enables the next generation of decentralized apps that provide data confidentiality to users and scale to enterprises.  Mainnet marks a critical…

Singapore, Singapore, September 18th, 2024, Chainwire Key Takeaways: PancakeSwap is launching its first Initial Farm Offering (IFO) on Arbitrum, marking a significant milestone in its multichain expansion strategy.The IFO will feature Eigenpie, a leading Liquid Restaking Protocol on EigenLayer.The IFO will be conducted from 10:15 AM UTC on September 24th, 2024, to 10:15 AM UTC on September 25th, 2024.Participation methods include a Basic IFO for all CAKE holders and a Public IFO with reduced fees for veCAKE holders. PancakeSwap has…

As of September 18, the broader crypto market has risen a percent as major cryptocurrencies like Bitcoin and Ethereum featured their return to pre-September levels. This bullishness bled to the altcoin market, prompting many tokens to follow the trend. Nervos (CKB) is one of those tokens that experienced astonishing growth with a 120% uptick, outperforming the broader market.  Although CKB’s gains in the short term have been great, the long-term implications of such price movements are still important for investors…

Fantom (FTM) is enjoying much bullish momentum at the moment, and the odds of the coin rising to as high as $2 has increased. The FTM price recovery is thanks to Fantom’s fundamentals, which have sparked a positive sentiment among investors.  What Is Driving The FTM Price Recovery Fantom’s price recovery is mainly driven by its bullish fundamentals, especially the imminent launch of the Sonic network. In a recent blog post, Sonic Labs announced that Sonic’s launch is scheduled for…

Traders on the Chicago Mercantile Exchange (CME) have been increasing their short positions on Bitcoin futures ahead of the US Federal Reserve’s interest rate decision, according to K33 analyst David Zimmerman. This move indicates a cautious approach in the market, as the Federal Open Market Committee (FOMC) is expected to announce its latest interest rate decision later today by 2 pm ET The Looming Rate Cut And The Beforemath So far, current market sentiment points towards a 50 basis-point rate…

Analysts have taken notice of Shiba Inu (SHIB) recently, which sees an unusual strength even when the greater crypto market gets into chaos. Optimism for the massive upswing in price came after a recent breakout from a falling wedge pattern. This technical development could be a sign of a downtrend turning into a bull’s market and could see a heavy price rise. Technical Analysis Signals Potential Upsurge On 20 August, Shiba Inu came out of a falling wedge pattern–a sign…

Chainlink is facing increasing bearish pressure as its price continues to edge lower, signalling a potential move toward the further downside. After a period of consolidation, the bears have regained control, pushing Chainlink closer toward the $9.28 support level.  However, bulls may not be ready to give up just yet. With market sentiment fluctuating, the possibility of a bullish comeback looms on the horizon. By examining key technical indicators and market sentiment, we seek to determine if LINK is poised for…

Could Ethereum break the $3,000 mark this autumn? Market analysts are buzzing with predictions. While Ethereum leads the charge, other altcoins show promising signs of growth. This article delves into expert opinions on Ethereum's price potential and highlights key altcoins poised to rise. Get ready for the insights that could shape investment decisions. Ethereum (ETH) Ethereum may be trading between $2240 and $2430, but the current market setup suggests it could be on the verge of a significant breakout. While…

After a recent dip in the crypto market, investors are on the lookout for the next big opportunities. Certain coins are showing promise and could be poised for significant growth. This article unveils three top contenders that might see a strong rebound in the upcoming bull market, sparking future gains. Discover which coins are set to rise. XRP Despite facing some resistance, XRP is showing promising signs for a rebound. Currently trading between $0.53 and $0.61, there’s a clear tug-of-war…