The cumulative liq levels delta was largely in favor of the bulls, but has slightly reduced in the past 24 hours as SUI pulled back from $1.57.
AI altcoins are dancing in the rain! FET jumps by 71%, TAO is trying to keep up with its 28%.
Ripple (XRP) is on the verge of breaking the $0.60 mark, fueled by excitement around a possible spot ETF following Grayscale's latest XRP Trust launch. Meanwhile, Sui (SUI) has hit a six-month high after integrating USDC. IntelMarkets (INTL) is also gaining attention with its advanced AI trading tools and high-leverage options.
With the growing certainty over the crypto space, some of the projects are set to outperform as they possess the ‘shill narrative'. Some bullish catalysts, like the FTX narrative, the probable win of Donald Trump, and further rate cuts, have strengthened the tokens.
Decentralized blockchain network Bittensor and its native token, TAO, have shown significant upward momentum over the past month, consistently outperforming major cryptocurrencies such as Bitcoin and Ethereum across all time frames. Designed for decentralized finance (DeFi) applications, TAO has surged past the $400 mark, achieving nearly 45% gains in the last month alone and an impressive 695% increase year-to-date.
Long positions were disproportionately high, which could drag prices downward to liquidate the late bulls.
The crypto markets have become hopeful as the trade entered the second fortnight of the month, squashing the bearish possibilities. With this, the altcoin market cap, excluding BTC & ETH, made a giant move above $600 billion, breaking a crucial barrier.
SEI crypto has experienced a striking 30% increase within just ten hours, capturing the attention of traders and investors alike. As of September 20, 2024, SEI is trading between $0.242 and $0.4, but the critical question remains: will the $0.35 resistance level hinder its progress?
Sei (SEI) and Sui (SUI) have emerged as standout performers. Both tokens have experienced significant gains, with prices increasing over 20% as they begin the week on a bullish note.
With the price of Bitcoin reclaiming the $64k mark during the early Asian trading hours, the Artificial Intelligence (AI) category has recorded a strong bullish recovery with top tokens outperforming the market leaders. Moreover, Turbo price from the AI category has recorded a double-digit surge with a trading volume of over $200M.
Sui, a popular layer 1 network, has become one of the best-performing cryptocurrencies since August, soaring to a five-month high.
Fantom was developed to provide a faster and more efficient way to process transactions on the blockchain. Traditional blockchains often struggle with speed and scalability, which can hinder their adoption in real-world applications.
The SUI crypto token continues to dominate the 1st-page cryptocurrencies by outperforming every single project in terms of monthly return. Notably, the altcoin is currently trading at a discount of only 29.82% from its ATH, indicating increased price action.
The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.
The recent interest rate cuts by the Federal Reserve have triggered a surge in whale activity for key altcoins like Fantom (FTM), Immutable X (IMX), and Basic Attention Token (BAT), according to Santiment, a leading market intelligence platform.
It's powered by Dinero and promises to give users the best rewards in DeFi. If you're wondering what all this means, let's break it down.
SUI turned into one of the big gainers in the past few days, with hopes of repeating its peak above $2. The asset may feel pressure from the upcoming October 1 token unlock.
Latest updates for the coins FET, ALEO, and SEI.
The crypto prices today have continued generating market optimism, primarily with major coins maintaining an upward movement. Bitcoin (BTC) price crossed $64K, whereas Ethereum (ETH) and Solana (SOL) followed, trading in the green.
The AI sector outperformed all other coins over the last month, with FET poised for a surge.
SEI's liquidation heatmap data shows a large pool of liquidity from $0.216 to $0.232- but it hasn't been tested.
A widely followed crypto analyst says that one marquee artificial intelligence (AI) project is primed to skyrocket soon while updating his outlook on two smart contract platforms. In a new strategy session, crypto trader Altcoin Sherpa tells his 223,600 followers on the social media platform X that machine learning platform Fetch.
Sui's TVL hits $1 billion, raising speculation of a potential price rally beyond $1.38.
As of September 19, 2024, TAO has distinguished itself as a leading AI coin within the expanding web3 and blockchain landscape. The recent price surge has been attributed to several factors, including broader market trends and positive earnings reports from major tech companies like Nvidia (NVDA), which have further fueled investor interest in AI-related assets.
Sei, the layer-1 blockchain for high-frequency crypto trading, saw its native token's price jump more than 23% in 24 hours as top altcoins rallied alongside Bitcoin. On Sept. 19, Sei (SEI) rose from lows of $0.26 to hit $0.
After trading under an intense bearish sentiment for a brief period, the Fantom price has recorded a strong bullish reversal amid ongoing cross-border market recovery. Moreover, with a 60% surge within 30 days, investors are curious about the possibility of it achieving the $1 mark.
The company, famous for its low-cost movie theater subscription, is partnering with Sui. They plan to integrate USDC, a popular stablecoin, as a way for users to pay for their subscriptions.
TL;DR Explosive Gains: Sui has surged by 115% against Solana since August, significantly outperforming Solana's 6% gain against Ethereum. Technical Superiority: Sui boasts a theoretical maximum of 297,000 TPS, far exceeding Solana's 65,000 TPS, with real-world performance still leading.
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.
Bittensor (TAO) is currently capturing the attention of traders as it forms a symmetrical triangle pattern, signaling a crucial moment for the cryptocurrency. With the broader market on the rise, speculations abound regarding whether a breakout above the pivotal resistance level of $340 could initiate a significant rally, potentially driving Bittensor beyond the $400 mark.
The crypto market surged following the Federal Reserve's interest rate cut, with major cryptocurrencies experiencing rallies. However, the long-term outlook remains uncertain.
As the traders remain largely vigilant, the crypto markets rebound in no time following the Fed rate cuts, which surprised the financial markets. Bitcoin price reclaimed the crucial resistance at $62,000 and is approaching the crucial resistance at $62,500, which is considered an important milestone to keep up the bullish trend.
Macro guru and Real Vision CEO Raoul Pal is highlighting a layer-1 blockchain that he sees becoming a major force to reckon with.
The surge in Sui Network's TVL and SUI price indicates growing confidence and investment in its DeFi ecosystem, potentially driving further adoption. The post Sui Network TVL soars to record high, SUI price up 30% appeared first on Crypto Briefing.
Celestia (TIA) price has experienced a notable increase in value recently. Currently, the price is stable, maintaining its position above established support levels.
Sui's technical capabilities and the upcoming release of a native gaming console could see the network eventually rival Solana, but tokenomics pose a looming threat.
Sui's technical capabilities and the upcoming release of a native gaming console could see the network eventually rival Solana, but tokenomics pose a looming threat.
As Bitcoin's (BTC) price crossed the crucial milestone of around $62k for the first time in September, following the high-impact news from the Federal Reserve, the attention on the altcoin market significantly increased in the past 24 hours.
Bittensor gaining traction after over 12% returns, showing potential for higher prices soon.
A crypto strategist known for making timely altcoin calls believes layer-1 protocol Sui (SUI) is gearing up to spark breakout rallies.
SUI has made some gigantic moves recently, posting strong bullish signals. In the last week, SUI registered an impressive 33% rally, pushing the price up to $1.18 at press time.
During the U.S. trading session on Wednesday, the cryptocurrency market witnessed a sudden uptick following the Fed interest rates by 50 BPS. The Bitcoin price surged above $60000 and sparked a renewed recovery momentum in the altcoin market.
Up-and-coming finance-focused layer-1 blockchain protocol Sui (SUI) has been blasting higher recently, with the SUI price gaining 35% in the past seven days to hit $1.18, per CoinMarketCap data.
Layer-1 smart contract platform SUI Network (SUI) is surging after announcing plans to support the stablecoin USDC. In a new blog post, USDC issuer and payments platform Circle says that the network will be adding USDC as well as support for Cross-Chain Transfer Protocol (CCTP), which allows interoperability with other prominent blockchains.
As Bitcoin consolidates, CKB and SUI lead the top gainers while the market anticipates the upcoming Federal Reserve rate decision.
Sui (SUI) has experienced a notable price surge in this struggling cryptocurrency market, resulting in a strong resistance breakout of $1.16. Following this breakout, the sentiment for SUI has turned bullish but it appears that a potential rate cut could spoil this positive sentiment.
Explore our expert take on the best 3 coins to accumulate before the bull market rebounds in this insightful guide. Learn valuable strategies on taking advantage of post-dip opportunities in the cryptocurrency market