Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Liquid Mercury Launches Market Making Algorithm for Trading Crypto Derivatives
Chicago, United States, September 16th, 2024, Chainwire Liquid Mercury’s solution will power Daler Trading’s market making of options and perpetual swaps on PowerTrade Liquid Mercury, a leading crypto trading technology provider, is excited to announce the launch of a new algorithm designed to facilitate liquidity provision strategies for crypto derivatives. Daler Trading, a digital asset market maker, will leverage Liquid Mercury’s algo and OMS (Order Management System) platform to actively quote Bitcoin, Ethereum, and 60 altcoin options and perpetual swaps…
9 months ago
Top Airdrops in the TON Ecosystem Happening This Fall
Since the start of 2024, the metrics of The Open Network (TON) ecosystem have skyrocketed by hundreds or even thousands of percent. This unprecedented growth was driven by Telegram, specifically by mini-apps in the messenger that are built on TON. Here are the most anticipated airdrops this fall in the TON network. Catizen When: September 24 Amount: 430 million CATI Catizen is a project in the tap-to-earn segment, operating as a mini-app in Telegram. Since its launch, the game has…
9 months ago
What You Need to Know About the Catizen Airdrop and How to Get CATI Tokens
The much-anticipated launch of the token for the popular Telegram project Catizen (CATI) will take place on September 20. Spot trading of CATI on OKX will begin on September 20 at 10:00 UTC, according to the official announcement from the exchange platform. Here’s what you need to know about the Catizen token launch ahead of its listing. Catizen on OKX and Other Exchanges CATI deposits became available on September 9. On the listing day, a call auction will take place…
9 months ago
BlackRock Has Been Bullish on Crypto for Nearly a Decade
Robbie Mitchnick, Head of Digital Assets at BlackRock, shared insights into the firm’s crypto strategy. BlackRock has been developing its approach for much longer than many might realize. Mitchnick discussed BlackRock’s journey, Bitcoin’s role as an asset, ETFs, and the future of digital assets. A Long Road to Public Adoption Mitchnick revealed that BlackRock’s interest in crypto began as early as 2016, although the firm didn’t consider the asset class “ready for prime time” at the time. This marked the…
9 months ago
XRP Price Restarts Climb: Will Bulls Push It Past $0.60?
XRP price found support near the $0.5600 zone. The price is again rising and might aim for a break above the $0.60 resistance zone. XRP price remained supported near the $0.560 zone. The price is now trading above $0.5750 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.5750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears…
9 months ago
Ethereum Price Struggles to Recover: Short-Term Outlook Weak
Ethereum price gained bearish momentum and traded below $2,350. ETH is consolidating losses and might struggle to recover above $2,350. Ethereum started another decline below $2,350 and $2,320. The price is trading below $2,310 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,360 resistance to start a recovery wave in the near term. Ethereum Price…
9 months ago
Bitcoin Investors Succumb To Fear As BTC Erases $60,000 Weekend Recovery
Data shows that the sentiment of the Bitcoin market has switched to fear after the retrace. BTC has seen a $58,000 level during the past day. Bitcoin Fear & Greed Index Is Pointing At ‘Fear’ Now The “Fear & Greed Index” is an indicator created by Alternative that tells us about the general sentiment among the investors in the Bitcoin and the wider cryptocurrency market. Market sentiment can be helpful to follow as it can reflect the cryptocurrency’s price. It…
9 months ago
Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally
Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic rise. In a recent post uploaded on X, renowned crypto analyst Javon Marks has laid out an optimistic scenario for Ethereum, suggesting a potential price surge similar to a pattern witnessed in 2023. Key Level To Watch For A Rally To $8,100? According to Marks, Ethereum is poised to replicate…
9 months ago
Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming
As Bitcoin (BTC) grapples with a challenging market environment, it has struggled to regain momentum, hovering around the $53,000 and $60,000 levels for six consecutive weeks. After losing the crucial $70,000 threshold on August 1, the largest cryptocurrency remains at risk of further declines, particularly with the upcoming Federal Reserve (Fed) meeting on September 18, where a 0.50% rate cut could significantly impact its price. BTC’s Future Hangs In Balance Recent insights from crypto analyst Doctor Profit suggest that the…
9 months ago