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).
TL;DR The Graph has launched improvements to accelerate dApp development on Solana. New tools make it possible to access and synchronize blockchain data without having to write code in Rust. These updates aim to reduce deployment times and costs, promoting the expansion of the Web3 ecosystem on Solana.
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.
Uniswap, up 3.3%, also lead gainers in overnight trading.
The Graph's exponential growth underscores the rising demand for decentralized data solutions, potentially revolutionizing data autonomy and blockchain integration. The post The Graph clocks 1.95 billion monthly queries, registers 11-fold year-on-year growth appeared first on Crypto Briefing.
Artificial Intelligence (AI) coins could be preparing to surge as Intel stock (NASDAQ: INTC) surged nearly 8% in extended trading hours on Monday. The increase comes after Intel CEO Pat Gelsinger provided an update on the company's plans to slash costs and turn around its business.
NEAR Protocol, a decentralized blockchain platform designed for developing and running decentralized applications (dApps), has announced a new partnership with Nillion Network.
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.
The Graph, a decentralized protocol for blockchain data indexing and access, has introduced key upgrades aimed at enhancing the decentralized applications ecosystem on Solana. A press release shared with crypto.news on Sept.
Explore the potential of the upcoming altcoin season as we analyze the trajectory of 5 major coins primed to ride Bitcoin's market momentum. Understand what triggers altcoin season and how it impacts your cryptocurrency investments.
Market downturn pushes traders towards stablecoins as Bitcoin breaches critical support, impacting the broader altcoin market.
AI tokens have surged in popularity, signaling a strong shift in investor focus from memecoins to AI-driven projects.
Story Highlights The live price of The Graph crypto is . The Graph price is expected to go as high as $0.58 by the end of 2024. GRT price with a potential surge could reach a maximum of $1.286 by the end of 2030.
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.
Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing.
TL;DR Nillion integrates with NEAR Protocol to enhance data privacy and storage within the blockchain ecosystem. It will allow NEAR developers to use advanced privacy tools that accelerate data processing. It will facilitate the creation of privacy-respecting applications and promote the development of private artificial intelligence and privacy solutions in the DeFi ecosystem.
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.
Nillion privacy-preserving tools for data processing could have implications for computationally heavy use cases like AI on NEAR.
The CoinDesk 20 inched lower, despite 10.6% gains by Polygon.
The cryptocurrency space continues to hunt for innovation and new technology to expand its global utility. With Oracle CTO Larry Ellison projecting a $100B boom in Artificial Intelligence (AI), investors focus on recently shifting crypto coins poised to ride this wave.
Amid rising uncertainty in the cryptocurrency market, the market leader, Bitcoin price has stabilized above the $58K level. Following this, altcoins have regained traction by adding significant value to their respective portfolios within a short period. Further, Artificial Intelligence (AI) tokens have recorded a similar action.
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.
The community will now move forward with proposals supporting the development of its core protocol software.
As Near Protocol (NEAR) continues to navigate market fluctuations, a new contender is emerging in the crypto world—GoodEgg (GEGG), an AI-powered meme coin poised to shake up the landscape.
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.
Three tokens have significant short interest and may see a squeeze of those positions. MANA, GRT and AAVE can extend their gains, erasing the accumulated short positions.
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.
A widely followed crypto analyst is predicting one Ethereum (ETH) competitor is gearing up for a massive breakout. Crypto trader Michaël van de Poppe tells his 725,300 followers on the social media platform X that NEAR Protocol (NEAR) could soar 275% from its current value within six months.
Aave, The Graph and Decentraland could see significant spikes due to notable declines in their funding rates.
NEAR Protocol has recently experienced a resurgence, with its price increasing by over 2% last week and an additional 3% rise in the past 24 hours. As of the latest data, NEAR is trading at approximately $4.02, and the token's market capitalization stands at over $4.5 billion.
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.
NEAR is potentially overcoming its monthly decline of 2.20% as activities intensify.
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.