Bitcoin Set For Further Losses As Data Points To Stormy September Details

According to data from CoinMarketCap, Bitcoin has experienced a turbulent end to August, losing 7.75% of its market value in the final week. This price decline underscores the overall negative performance of the crypto market leader in the last month, with a recorded monthly price decline of 10.64%. Interestingly, amidst this downtrend, the assets historical price data indicates that the bears may retain market control in the coming weeks. Related Reading: How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In September Popular For Negative Returns, Analyst Says In an X post on Friday, renowned crypto analyst Ali Martinez has nudged Bitcoin investors to brace up for what could be a tough period in September. Based on historical price data, Martinez notes that Bitcoin commonly records a cumulative negative performance in September as seen in eight of the last 11 years.  Over this period, Bitcoin has experienced an average and median price loss of 4.78% and 5.58% in September, respectively. Therefore, investors could expect the premier cryptocurrency to trade as low as $55,618 to 56,105 in the next four weeks.  Interestingly, this period of potential price loss could serve as an opportunity for massive BTC accumulation. According to Bitcoin monthly returns, the crypto market leader has previously produced significant price gains in Q4, with recording a cumulative positive performance in October of 9 of the last 11 years.  Meanwhile, the month of November may be an investor favorite having recorded net gains of 42.95% (2020) and 53.48% (2017) in the past two bull cycles. Generally, November shows much potential for a significant price increase, with an average price gain of 46.81% since 2013. However, investors may want to exercise caution in December. While Bitcoin has previously recorded gains as high as 46.92% (2020) in December, there have also been significant losses to the tune of 34.81% (2013). Notably, in this last month of the year, the premier cryptocurrency has shown a dual performance to nearly the same extent, recording an average price gain of 5.45% and a median price loss of 3.59%.   Related Reading: Analysts Say Now Is the Time to Re-Accumulate BitcoinHeres Why Bitcoin Price Outlook  At the time of writing, Bitcoin trades at $59,218 with a 0.84% decline in the last day. Meanwhile, the assets trading daily volume has recorded a 3.05% gain and is currently valued at $33.38 billion According to BTCs daily chart, the crypto market leader is undergoing a price consolidation, a breakout from which could result in a rise to the $65,400 price zone. However, data from the relative strength index indicates that Bitcoin is far from its oversold zone and could be set for further losses. In such a case, investors could prepare for a potential fall to around $53,800. BTC trading at $59,230 on daily chart | Source: BTCUSDT chart on Tradingview.com Featured image from The Cryptonomist, chart from Tradingview

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Gala Games Unveils Carol Hero Card Sale and Upcoming September Updates

Gala Games announces the Carol Hero Card sale and reveals September updates for The Walking Dead: Empires, including new features and event changes. (Read More)

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Token2049 Singapore

The Entry Token2049 Singapore was published first on CoinFabrik.

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Solana Breakpoint 2024

The annual celebration of the entire Solana community is back for 2023 with more to learn and more to see. Check out for more info!

The Entry Solana Breakpoint 2024 was published first on CoinFabrik.

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Core Scientific moves for September bankruptcy exit, expects $46M boost

Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised.

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Top automated market maker tokens to end September with

Uniswap (UNI/USD), PancakeSwap (CAKE/USD), and Osmosis (OSMO/USD) are some of the best cryptocurrencies that you can get at the end of September 2022.

Uniswap is an automated, Ethereum-based cryptocurrency exchange that features its own native cryptocurrency token known as UNI. 

PancakeSwap is a decentralized exchange native to the BNB Chain and aims to be a quick and inexpensive alternative to AMMs built on top of Ethereum.

Osmosis is a decentralized exchange (DEX) and automated market maker (AMM) protocol that utilizes smart contracts to determine the price of digital assets and produce liquidity through a peer-to-peer (P2P) methodology. 

On September 30, 2022, Uniswap (UNI) had a value of $6.42.

UNI/USDT Chart by TradingView.

The all-time high of the Uniswap (UNI) cryptocurrency was on May 3, 2021, at a value of $44.92. Here we can see that the token was trading $38.5 higher in value or by 599% at its ATH.

Looking at how the Uniswap (UNI) performed throughout the week, the 7-da low was $5.60, while the 7-day high was $6.64. This means we can see a difference of $1.04 or 18%.

Regarding the 24-hour performance, the low point was $6.16, while the high point was $6.48. On the other hand, the increase is at just $0.32 or 5%.

With this in mind, at $6.42, investors might want to buy UNI as it can climb to $8 by the end of October 2022.

On September 30, 2022, PancakeSwap (CAKE) had a value of $4.889.

CAKE/USDT Chart by TradingView.

The all-time high of the PancakeSwap (CAKE) was on April 30, 2021, at $43.96. Here we can see that the cryptocurrency was trading $39.071 higher in value at its ATH, which is 799% higher.

Going over the weekly performance, PancakeSwap (CAKE) had its 7-day low at $4.39, while its 7-day high was at $5.06. This marked a difference of $0.67 or 15%.

Regarding how it performed within the last 24 hours, its low point was $4.83, while its high point was $4.98. Here we can see a 24-hour increase of $0.15 or 3%.

With this in mind, and with this momentum, CAKE can increase to $5.5 by the end of October, making buying CAKE a solid option.

On September 30, 2022, Osmosis (OSMO) had a value of $1.1042.

OSMO/USDT Chart by TradingView.

When we look at the all-time high, Osmosis (OSMO) reached a value of $11.25 on March 4, 2022. Here we can see that at its ATH, it was $10.1458 higher in value or by 919%.

When we go over the weekly performance, Osmosis (OSMO) had its 7-day low at a value of $1.09, while its 7-day high was at $1.24. Here we can see an increase of $0.15 or 13%.

When we go over its 24-hour performance, its low was $1.08, while its high was $1.13. Here we can see an increase of $0.05 or by 4%.

With this in mind, investors might benefit from buying OSMO as it can climb to $1.5 by the end of October 2022.

The post Top automated market maker tokens to end September with appeared first on Invezz.

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DeFi cryptocurrencies you should not miss before September ends: AVAX, THETA and AAVE

Avalanche (AVAX/USD), Theta Network (THETA/USD), and Aave (AAVE/USD) are some of the best Decentralized Finance (DeFi) tokens you can get before September ends.

Avalanche is a cryptocurrency and blockchain network that gathered a reputation for having fast smart contracts and high scalability. 

Theta Network is a decentralized video delivery network aimed at providing blockchain-enabled solutions within the video-streaming sector.

Aave is essentially an open-source protocol that allows the creation of non-custodial liquidity markets through which users can earn interest by supplying as well as borrowing assets.

On September 29, 2022, Avalanche (AVAX) had a value of $17.25.

AVAX/USD Chart by Tradingview.

When we go over the all-time high, Avalanche (AVAX) had its highest point of value on November 21, 2021, at a value of $144.96. Here we can see that at its ATH, the token was trading $127.71 higher in value or by 740%.

Looking at its weekly performance, Avalanche (AVAX) had its 7-day low at $16.87, while its 7-day high was at $18.43. Here we can see an increase of $1.56 or 9%.

In terms of the 24-hour performance, Avalanche (AVAX) saw its low point at $16.86, while its high point was at $17.4. Here, we can see an increase of $0.54 or by 3%.

With this in mind, at $17.25, investors might want to buy Avalanche (AVAX) as it can climb to $22 by the end of October 2022.

On September 29, 2022, Theta Network (THETA) had a value of $1.084.

THETA/USD Chart by Tradingview.

Looking at its all-time high, Theta Network (THETA) had its highest point at $15.72 on April 16, 2021. Here we can see that at its ATH, THETA was trading $14.636 higher in value, or 1,350% higher. 

Going over the weekly performance of the Theta Network (THETA) cryptocurrency, we can see its 7-day low point at $1.06 while its 7-day high point was at $1.15. This signals a $0.09 difference in value, or by 8%.

In terms of the 24-hour performance, Theta Network (THETA) saw its low point at $1.07 while its high point was at $1.11. This marked an increase of 4% or by $0.04.

Investors should take buying THETA into consideration as it can climb to $1.5 by the end of October 2022.

On September 29, 2022, Aave (AAVE) had a value of $76.36.

AAVE/USD Chart by Tradingview.

When we go over its all-time high, Aave (AAVE) reached a value of $661.69 on May 18, 2021. Here we can see that AAVE was trading $585.33 higher in value, or 766% higher. 

Going over the past seven days, Aave (AAVE) had its low point at $73.06, while its high point was at $80.15. Here we can see an increase of $7.09 or 10%.

Taking a look at the 24-hour performance, Aave (AAVE) experienced its low point of value at $73.30, while its high point was at $77.70. This marked an increase of $4.4 or 6%.

With all of this in mind, buying Aave (AAVE) is a solid choice, as it can reach $100 by the end of October 2022.

The post DeFi cryptocurrencies you should not miss before September ends: AVAX, THETA and AAVE appeared first on Invezz.

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Why AVAX and LINK are the top cryptocurrencies you can get on September 28

Avalanche Labs announced through Twitter surrounding their latest collaboration with Chainlink.

Based on the post, Chainlink (LINK/USD) has helped grow the Avalanche (AVAX/USD) ecosystem in the sphere of non-fungible tokens (NFTs), GameFi, and the Decentralized Finance (DeFi) sector. 

Through an official announcement made on Twitter on September 26, 2022, we got a glimpse at the connection as well as adoption since the Chainlink integration on Avalanche went live on the mainnet in June of 2021.

Based on the data, Avalanche claims that there have been over 50 live data feeds, over 550 million in total value secured as well as over 12 months worth of data points delivered on-chain.

One of the main areas of development was the DeFi field, in the case of Liquid Staking and DEX.

This progression will likely lead to an increase in the value of both cryptocurrencies.

On September 28, 2022, Avalanche (AVAX) had a value of $16.872.

AVAX/USD Chart by TradingView.

The all-time high of the Avalanche (AVAX) cryptocurrency was on November 21, 2021, at a value of $144.96.

When we look at the 7-day performance, we can see that its lowest point was at $16.44, while the highest point was at a value of $18.43. Here we can see an increase of $1.99 or 12%.

When we take a look at the 24-hour price difference,  the low point was $16.77, while the high point was $18.44. This marked another increase of $1.67 or 10%.

With all of this taken into consideration, buying AVAX can be a solid decision as it can climb to $20 by the end of October 2022.

On September 28, 2022, Chainlink (LINK) had a value of $7.901.

LINK/USD Chart by TradingView.

When we go over its all-time high, Chainlink (LINK) reached a value of $52.70 on May 10, 2021.

Going over the weekly performance, Chainlink (LINK) had its low point at $6.63 while its high point was at $8.37. Here we can see an increase of 26% or by $1.74.

When we look at the 24-hour performance, Chainlink (LINK) had its low point at $7.68 while its high point was at $8.37. This marked a difference of $0.69 or 9%.

With this in mind, LINk can climb to $10 by the end of October 2022, making buying LINK a solid decision.

The post Why AVAX and LINK are the top cryptocurrencies you can get on September 28 appeared first on Invezz.

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Best meme coins you can buy before September ends

Dogecoin (DOGE/USD), Shiba Inu (SHIB/USD), and Samoyedcoin (SAMO/USD) are some of the best meme-coins you can get before September ends.

Dogecoin was created as a lighthearted alternative to other cryptocurrencies in 2013 and is considered one of the true first meme-coins.

Shiba Inu was inspired by Dogecoin and is an Ethereum-based altcoin that features the Shiba Inu hunting dog as the mascot. 

Samoyedcoin is a project that was built on top of the Solana (SOL/USD) blockchain and supports numerous features whilst also educating participants.

On September 27, 2022, Dogecoin (DOGE) had a value of $0.06218.

DOGE/USDT Chart By TradingView.

The all-time high of Dogecoin (DOGE) was on May 8, 2021, at a value of $0.731578.

Going over how it performed throughout the week, Dogecoin (DOGE) the lowest value point was at $0.0567, while the highest was at $0.06722. Here we can see a difference of $0.01052 or 18%.

When we go over the 24-hour performance, its low point was $0.06024, while its high point was $0.06299. This indicates a difference of $0.00275 or 4%.

With all of this, investors might want to buy DOGE as it can climb to $0.09 by the end of September 2022.

On September 27, 2022, Shiba Inu (SHIB) had a value of $0.00001130.

SHIB/USDT Chart By TradingView.

When we go over its all-time high, ??Shiba Inu (SHIB) reached a value of $$0.00008616 on October 28, 2021. 

When we look at the weekly performance, Shiba Inu (SHIB) had its 7-day low at $0.00001027, while its 7-day high was at $0.00001208. Here we can see a difference of $0.00000181 or 17%.

When we go over the last 24 hours, its low was at $0.00001082 while its high was at $0.00001152. Its value increased by $0.0000007 or by 6%.

With this in mind, buying SHIB might be a solid idea as it can climb to  $0.00002 by the end of September 2022.

On September 27, 2022, Samoyedcoin (SAMO) had a value of $0.00825.

SAMO/USDT Chart By TradingView.

Samoyedcoin (SAMO) reached its all-time high on October 28, 2021, at a value of $0.236987.

Samoyedcoin (SAMO) had its 7-day low at $0.00767553 while its 7-day high was at $0.00885892. Here we can see an increase of $0.00118339 or 15%.

When we go over its 24-hour performance, its low was at $0.00770578 while its high was at $0.00830388. This marked another increase of $0.0005981 or 8%.

With this in mind, buying SAMO is a good choice as it can climb to $0.01 by the end of September 2022.

The post Best meme coins you can buy before September ends appeared first on Invezz.

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Top 5 Altcoins to BUY in September 2022 – The Merge is HERE!

September might be promising for cryptos, especially with the merge coming. Here are our Top 5 Altcoins to buy in September 2022.

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Warning: BITCOIN may Crash Below 15000USD in September 2022

Bitcoin has historically been on a downtrend in most of the September. Only twice in history, BTC ended up in Green. If history is to be repeated, BTC could also end up in red, in 2022. And in crypto many a times things repeated in cycles. Nothing has changed, and I do not think it […]

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Bitgert price had a spectacular August. What next in September??

Bitgert (BRISE/USD) price had a strong performance in August as demand for the BRISE token rose and as its ecosystem continued growing. BRISE jumped to a high of $0.0000016, which was about 355% above the lowest level in August.

There are several reasons why the BRISE price outperformed its peers in August. First, there are signs that the ecosystem is expanding rapidly. For example, the total value locked (TVL) in Bitgert rallied from less than $5 million when the month started to over $10 million. This growth was driven by Sphynx, which is a leading DeFi ecosystem. Others like IcecreamSwap and Bitgert Swap also continued doing well.

Second, Bitgert price rallied because of fear of missing out (FOMO) as the number of mentions and searches increased. A closer look at Google metrics and social media mentions show that they continued rising in August. Historically, cryptocurrency prices tend to rise when there is hype surrounding them.

Third, investors cheered a news report that said that Bitgert was building a new decentralized operating system that will be focused on user privacy, security, speed, stability, and scalability. It is too early to predict whether this new operating system will be a success or not.

?? MEGA ANN: Bitgert to develop it's own first ever decentralized operating system, That is focussed on user privacy, security, speed, stability, and accessibility

Stay tuned..#BRISE #BITGERT pic.twitter.com/KBCiTcubDm

Meanwhile, adoption of Bitgert continued in August. For example, Brewlabs announced that it had accepted Bitgert into its ecosystem. This means that developers can now build BRISE staking pools easily. Additionally, Bitgert team announced that it will enable BRISE staking on their website.

For starters, Bitgert is a relatively small but fast-growing blockchain project that seeks to become a viable alternative to Ethereum. It has superior speeds and extremely low fees. According to its website, it is possible to conduct millions of transactions for cents.

The four-hour chart shows that the BRISE price has been in a strong bullish trend in the past few weeks. As it rose, it managed to move above the important resistance level at $0.0000010, which was the highest point on August 16. It has moved above the 25-day and 50-day moving averages. Also, it rallied above the key resistance point at $0.00000055.

Therefore, Bitgert price will likely find it difficult to a repeat what happened in August. As such, there is a possibility that it will move into a distribution phase, which will see it drop to the support at $0.0000010 and below.

The post Bitgert price had a spectacular August. What next in September?? appeared first on Invezz.

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Why September is shaping up to be a potentially ugly month for Bitcoin price

Bitcoin has closed its previous five months of September in losses and could suffer similar pains if history repeats.

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Is Dogecoin a good buy opportunity in September 2022?

Dogecoin DOGE/USD has weakened from its recent highs above $0.09, registered on August 16, to $0.067, and the current price stands around $0.070.

DOGE could weaken even more in the upcoming days, the strong support level stands at $0.060, and if the price breaks it, the next price target could be at $0.050 or even below.

Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency that utilizes blockchain technology it was launched in December 2013 by programmer Billy Markus and marketer Jackson Palmer.

Dogecoin is inspired by a popular meme known as Doge, and like any other cryptocurrency, DOGE has a floating exchange rate with many digital assets and can similarly be bought, traded, and exchanged for cash or physical goods.

The popularity of this cryptocurrency began at a time when developers were just beginning to explore the possibilities afforded by Bitcoin’s invention, and according to Elon Musk, the only thing hindering this coin from becoming the “official currency of the internet” is its high concentration level among a few rich people.

Given its limitless supply, DOGE may be less attractive as an investment, but it continues to be most often used in online tipping over social networks like Reddit, where DOGE is exchanged between content creators and peers.

Dogecoin’s biggest selling point continues to be its robust community of enthusiastic fans, known as Shibes, who cares about supporting each other, being kind, teaching people about cryptocurrency, fundraising, having fun, making memes, and being absurd.

Dogecoin (DOGE) has weakened from its recent highs registered on August 16, 2022, and the risk of further declines is probably not over. Traders should have in mind that if the price of Bitcoin falls again below the $20000 support, that will negatively influence Dogecoin.

The cryptocurrency market remains under pressure, and probably it is not the best moment to buy Dogecoin (DOGE).

According to Markus Jalmerot, co-founder and director of CryptoLists.com, the crypto market could experience one more drastic sell-off after comments from St. Louis Federal Reserve President James Bullard, who is talking about another big interest rate increase.

Markus Jalmerot, co-founder and director of Crypto Lists Ltd, said:

Investors are concerned about the risk of recession, and if central banks continue to act aggressively, this could potentially move the global economy toward a recession. In that situation, Dogecoin (DOGE) and most other cryptocurrencies could decline even more.

The strong support level for DOGE stands at $0.060, and if the price breaks it, the next price target could be around $0.050 or even below.

Dogecoin (DOGE) has weakened from its recent highs registered on August 16, 2022, and the risk of further declines is probably not over. Traders should consider that if the price of Bitcoin falls again below the $20000 support, Dogecoin could be at much lower price levels.

The post Is Dogecoin a good buy opportunity in September 2022? appeared first on Invezz.

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Betting on a Bitcoin bull run? Not in September, BTC price data says

Next month is a classic underperformer for BTC/USD, and judging by the current price action, 2021 is no exception.

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Bitcoin miners show mixed performance in September amid market volatility

While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency.

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US jobs report signals fewer rate cuts, still bullish for BTC: Grayscale

The bullish jobs report adds fuel to hopes for an Uptober and fourth-quarter rally in Bitcoins price.

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September crypto hacks surpass $120M, centralized exchanges hit

Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half.

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Crypto hackers steal $750M in Q3 2024, as losses grow by 9.5% CertiK

Q3 2024 saw a decline in the number of crypto hacks, but the value of assets stolen spiked, with $753 million lost across 155 incidents. 

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