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.
Singapore, Singapore, 18th September 2024, Chainwire
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.
Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program (LTIP) grant.
The cryptocurrency market is no stranger to sudden shifts, and Arbitrum (ARB) is currently in the spotlight. After a prolonged period of trading within a descending channel, ARB is now testing critical resistance levels that could signal a massive breakout.
Cardano and Zilliqa work together to forge stronger connections and advance a more unified blockchain future.
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.
Zilliqa Group, the web3 platform behind the Zilliqa (ZIL) blockchain, has partnered with EMURGO, the blockchain company supporting Cardano (ADA) development and adoption. This alliance aims to create a bridge between the ADA and ZIL blockchain ecosystems, leveraging the strengths of both platforms to promote interoperability and innovation.
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.
DeltaPrime DeFi, which runs on the Arbitrum platform, has been dealt a major blow in the form of a hack. The attack that took place at 6:14 AM CET led to a loss of $5. 98 million to liquidity pools belonging to the provider DeltaPrime was first flagged by Cyvers alerts.
Arbitrum tests resistance, with a potential 182% price surge on the horizon. Will it break out?
These three artificial intelligence-linked crypto projects are rocketing higher this week.
The hacker exploited DeltaPrime's admin proxy, enabling them to redirect contracts to malicious addresses. By doing so, they were able to drain funds from key liquidity pools, including DPUSDC, DPARB, and DPBTCb.
Over the last seven days, bitcoin (BTC) has seen a 3.6% increase, while ethereum (ETH) slipped by 1.9%. During this period, several other digital assets experienced both stronger and weaker performances compared to these two giants. The meme token baby doge coin (BABYDOGE) leaped by 102%, and nervos network (CKB) saw a rise of 88.99%.
The blockchain security company Cyvers has reported a security leak in the decentralized finance (DeFi) protocol DeltaPrime, which operates on the Arbitrum network. The Cyvers estimates the loss in the incident to be four and a half million dollars at first, however, after it was reported that the funds had been transferred from DeltaPrime's DeFi
AI tokens have surged in popularity, signaling a strong shift in investor focus from memecoins to AI-driven projects.
TL;DR DeltaPrime Hack: DeltaPrime, a DeFi platform, lost over $6 million due to an admin key hack on the Arbitrum network, highlighting serious security concerns. Details and Impact: The hacker exploited a leaked private key to drain funds, affecting various tokens like USDC, ARB, and BTC, and leaving the Avalanche version unaffected.
The attack is believed to have occurred due to a private key exploit.
DeltaPrime, a DeFi protocol on the Arbitrum chain, has fallen victim to a series of suspicious transactions. The Web3 security firm CyVers flagged the issue, revealing that malicious actors have compromised protocol's admin wallet.
Bitcoin's rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins.
Arbitrum and ApeCoin prices will be in the spotlight this week as their networks unlock millions of tokens. ApeCoin (APE) token was trading at $0.
Circle Internet Financial, the company behind the US Dollar Coin (USDC), has announced the integration of the Arbitrum layer-2 scaling chain into its Web3 infrastructure platform.
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.
DappRadar shows that in the last 24 hours, volumes have dropped by 33% to $1.08 billion
Arbitrum holds the top spot in the Layer 2 ecosystem with the highest TVL, but ARB token holders face challenges.
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.
Circle integrates its USDC stablecoin with Arbitrum's Layer-2 network, enhancing Web3 tools for developers and expanding USDC's presence in decentralized finance.
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.
Proponents of migration plan see ZKsync as more 'suited' to Treasure DAO's long-term plans for decentralized gaming.
It's Circle's latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether's USDT.
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.
The deployment of GHO has been limited to Ethereum and Arbitrum networks, at least for now.
Arbitrum shows potential for recovery as adoption grows and bullish signals emerge.
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.