The crypto market update for September 19, 2024 Asian trading hours sees Bitcoin break above $62,000. BTC price rose as traders cheered the US Federal Reserve's 0.5% interest rate cut – the first one since 2020. Most altcoins also traded higher, with Ethereum gaining to above $2,450.
The cryptocurrency markets continued their recent uptick, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON), in the green.
Internet Computer price retreated for the fourth consecutive day as network activity surged following the launch of fair minting protocols in its ecosystem. Internet Computer (ICP) dropped to $7.70, its lowest level since Sept.
On-chain data shows the whales of these altcoins have been shifting their supply from exchanges to cold wallets recently, a sign that may be bullish for their prices. Whales Of These Altcoins Have Been Moving Into Self-Custody Recently In a new post on X, the on-chain analytics firm Santiment has discussed the trend in the Top Exchange/Non-Exchange Wallet Holdings for three altcoins: Polygon (MATIC), Injective (INJ), and Render (RENDER).
The crypto market experienced a bullish turnaround in September as investors anticipated a 0.25% rate cut by the US Federal Reserve. Amid this development, whales demonstrated their long-term commitment to cryptocurrencies like MATIC (recently migrated to POL), INJ, and Render, with a significant portion of their holdings being moved from exchanges to cold wallets.
Lido's performance has been disappointing over the past year. The token has seen a substantial drop of 35% year-to-date and continues to face challenges, with a recent 24-hour decline of 3.3%.
In a recent tweet, Santiment revealed a massive increase in some altcoins' whale exchange wallet transactions. These altcoins are Injective (INJ), Render (RENDER), and Polygon (MATIC). As the transaction signals a transfer from an exchange wallet to a cold wallet, the shift in supply for safekeeping or long-term holding reflects a boost in whales's confidence.
These three artificial intelligence-linked crypto projects are rocketing higher this week.
Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.
AI tokens have surged in popularity, signaling a strong shift in investor focus from memecoins to AI-driven projects.
Lido has been on a bearish trend. However, an analyst's latest optimistic prediction of a potential multi-month rally offers hope.
Bitcoin's rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins.
TL;DR 2024-2025: Internet Computer Protocol (ICP) price predictions vary widely, with estimates ranging from $8.68 to $568.54, reflecting differing market sentiments and adoption rates. 2026-2027: Analysts predict ICP could see prices between $7.50 and $39.58, with potential fluctuations influenced by market reactions and Bitcoin halving events.
Internet Computer (ICP) whales, who have been reaping significant profits from Decide AI (DCD), are now turning their attention to Mpeppe (MPEPE), the fast-growing AI-powered crypto casino. Priced at just $0.0021 USD, Mpeppe (MPEPE) is quickly becoming the go-to choice for these high-stake investors.
The CoinDesk 20 inched lower, despite 10.6% gains by Polygon.
The cryptocurrency market continues to surprise both newcomers and veterans alike, with explosive growth seen in some of the more well-established projects. However, a new contender has entered the space: GoodEgg (GEGG), an AI-driven meme coin priced at just $0.00015.
Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.
The altcoin market has been a focal point of attention, especially with growing signs of a turning point after a long period of sideways movement. After nearly 197 days of consolidation, market analysts are now predicting that the next week could be pivotal, not just for Bitcoin but particularly for altcoins.
Injective (INJ) has been outperforming the broader crypto market in recent hours, gaining over 19% since Monday, while most cryptocurrencies have experienced declines of 2% to 4% since yesterday. Related Reading: Is Chainlink (LINK) $12 Breakout Imminent?
In the fast-paced world of cryptocurrency, seasoned investors are always on the lookout for new opportunities to reinvest their profits for massive returns. Recently, Internet Computer (ICP) has been a favorite among crypto enthusiasts, delivering double-digit gains and outperforming the broader market trends.
In the bustling world of cryptocurrencies, Injective Protocol (INJ) has garnered significant attention for its impressive DeFi capabilities and its recent surge. But for investors who missed out on the latest Injective Protocol (INJ) rally, there's another exciting opportunity on the horizon—GoodEgg (GEGG), a new “Play-2-Date” meme coin poised for substantial gains this September.
While the blockchain space has been abuzz with news of Injective's (INJ) latest rally, a new contender, GoodEgg (GEGG), is making waves in the meme coin world with its groundbreaking social scoring system. If you missed out on Injective's price surge, now might be the perfect time to look at GoodEgg (GEGG), a hybrid meme coin projected to deliver up to 13,000% returns.
The crypto markets witnessed a steep pullback in the past few days, which dragged the Bitcoin price below $54,000. Fortunately, the price triggered a V-shaped recovery in the next few days, which stabilised the entire market. In the meantime, the memecoins, the Solana ecosystem tokens and the AI tokens have been gaining significant strength.
Injective (INJ) has recently drawn significant attention from investors and analysts alike, with predictions suggesting a potential 214% price rally. This optimistic forecast is underpinned by a falling wedge pattern on the 3-day chart and key on-chain data.
Crypto transfers are risky, which is why Neo X partnered with GoPlus to secure blockchain transactions with node-level security.
Dominic Williams, chief scientist at DFINITY Foundation, shared major upgrades implemented across the Internet Computer blockchain protocol. Williams shared an updated Internet Computer (ICP) deck detailing new developments on the self-styled “World Computer” decentralized network.
Internet Computer might soon touch $19 as the bulls continue to dominate.
As we move through the latter half of 2024, the cryptocurrency market remains as volatile and dynamic as ever. Among the top contenders making headlines is Internet Computer (ICP), a project that aims to revolutionize the internet by decentralizing backend infrastructure.
The cryptocurrency world is no stranger to fierce competition, especially in the ever-evolving realms of artificial intelligence (AI) and meme coins. While Internet Computer (ICP) continues to be a prominent player in the AI blockchain space, the emergence of GoodEgg (GEGG)—an innovative AI-driven Play-to-Date meme coin—has drawn significant attention and could signal a shift in investor preferences.
As the cryptocurrency market evolves, new and innovative projects are emerging to challenge established players. One of the latest disruptors in the space is GoodEgg (GEGG), a hybrid AI and Social-Fi project that is quickly gaining traction.
In the rapidly evolving world of cryptocurrencies, new opportunities and challenges arise daily. While some projects struggle to maintain momentum, others seize the moment and push forward with innovative technologies.
In the rapidly evolving world of cryptocurrency, three standout projects—Internet Computer (ICP), Decide A.I (DCD), and GoodEgg (GEGG)—are making waves as they set to dominate the AI-driven blockchain space. With advancements in decentralized applications, artificial intelligence, and unique meme-driven features, these projects are creating a diverse and robust ecosystem for crypto enthusiasts.
Cryptocurrency prices and stock indices retreated slightly after the U.S. published encouraging Consumer Price Index data. Uniswap, ICP, AAVE rise, Bitcoin retreats Bitcoin (BTC) retreated to $56,600, while the total market cap of all cryptocurrencies fell to $2 trillion.
With a jump of 13.86% over the past 24 hours, the ICP price has secured the top gainer spot for the day among the top 100 cryptocurrencies by market capitalization. The prime reason for the recent jump is speculated to be the sudden inflow of funds into the project.
TL;DR Apple's AI Boost: The iPhone 16's advanced AI features have significantly impacted AI tokens, with ICP and FET seeing notable gains of 10% and 5%, respectively. Mixed Market Reactions: While ICP and FET outperformed, other AI tokens like Injective (INJ) saw modest increases, and some, like Near Protocol (NEAR) and Render (RENDER), experienced declines.
The iPhone maker's "It's Glowtime" event on Monday focused on bringing AI capabilities to the smartphone.
Is INJ on the verge of a 214% rally? Falling wedge pattern suggests a massive breakout ahead.
Internet Computer (ICP) has surged by double digits, outperforming the broader crypto market due to positive technical indicators and on-chain metrics
The other impressive gainer from the larger-cap alts is AAVE.
In the last 24 hours, ICP's open interest has jumped by 21%, showing that more investors are taking long positions in futures.
On September 11, 2024, Internet Computer (ICP) made waves in the cryptocurrency market with its impressive price performance. However, based on its chart and price action, it appears that ICP is just one step away from a potential 25% rally. Internet Computer (ICP) Price Performance At press time, ICP is trading near $8.
Internet Computer gained 4.0% while Render rose 3.5%.
Story Highlights The live price of Lido Dao is With a surge, Lido Dao could go as high as $5.782 by the end of 2024. LDO price with a potential surge could reach a maximum of $22.112 by 2030.
Some of the altcoins that performed well in the last crypto bull market are still languishing, at a stage that is probably more than halfway through the current bull market. $INJ, $THETA, and $FTM are three altcoins that need to start proving themselves, or face a torrid bear market.
Injective, a leading player in the blockchain space, has unveiled a major partnership with Mercuryo, a renowned provider of fiat on-ramp payment solutions. This strategic alliance is designed to revolutionize how new users enter the Injective ecosystem, making the process of buying digital assets simpler and more accessible than ever before.
Internet Computer (ICP) traders have faced a tough market, suffering an additional 8.38% dip in recent trading sessions. With the token's price dropping further, many are exploring alternative investment strategies to hedge against losses.
Major Crypto exchange Coinbase has revealed additional listings this week. Specifically in the past day, Coinbase announced the addition of zkSync (ZK) to its listing road map.
The launch of the BUIDL index highlights Injective's capabilities in the decentralized finance and asset tokenization niches.