The Bitcoin price has been moving sideways over the past few weeks, although it saw a volatility spike in the last 24 hours. However, the cryptocurrency remains stuck as sentiment turns negative, and more and more traders expect another re-test of critical support. As of this writing, Bitcoin (BTC) trades at $26,200 with a 3% profit in 24 hours. The cryptocurrency recorded a 2% profit the previous week and was the best performer in the crypto top 10 by market capitalization. Why Is The Bitcoin Price Likely To Re-Test Critical Support According to trading desk QCP Capital, the crypto market is about to enter its final quarter with a large option expiration event set for September 29th. These events are often a source of high volatility as major players hedge their positions, roll out contracts for future expiration dates, etc. In addition, the trading desk points to late September as days with a lot of confluence between macroeconomic forces and their Elliot Wave count, signaling bearish price action. The Elliot Wave indicator attempts to provide a price trajectory for an asset by considering market psychology and investor sentiment. QCP Capital believes that Bitcoin is moving and will likely correct into the $23,000 area to complete the trajectory corresponding with a Wave B, per the Elliot Wave theory. The crypto trading desk stated: Moreover, other bearish factors coincide with this potential bearish price action, such as the Mt. Gox Bitcoin unlock and the event surrounding the failed crypto exchange FTX. The bearish trajectory, QCP Capital argues, could prolonged into mid-October this year. If the BTC price completes this trajectory, then the market would have hit bottom, and Bitcoin could begin to recover from a long winter. For late 2023 and 2024, the trading desk is more optimistic: Cover image from Unsplash, chart from QCP Capital and Tradingview

Bitcoin appears to be in the process of forming a death cross currently. Here’s what happened to the asset the last time this pattern emerged. Bitcoin 50-Day MA Is Moving Below The 200-Day MA Right Now As pointed out by an analyst in a post on X, the 50-day moving average (MA) has been attempting a cross below the 200-day MA recently. A “Moving Average” is an analytical tool that calculates the average of any given quantity over a specific period of time. As its name suggests, it moves and changes alongside the quantity in question. The main benefit of an MA is that it removes short-term fluctuations from the data, smoothing out the curve. This makes the study of long-term trends easier to perform. MAs can be taken over any length of time, whether that be a minute or a decade. There are some periods that are particularly useful, however, like the 50-day and 200-day MAs, which are of relevance in the current discussion. The interactions between these two Bitcoin MAs have apparently had consequences for the asset’s trend in the past, and the chart below shows how these two MAs have looked recently: Historically, whenever the 50-day MA has dipped below the 200-day MA, the cross has proved to be a bearish one for the cryptocurrency’s price. In the above graph, it’s visible that the last time this type of crossover occurred was in January 2022. Back then, the asset had been on its way down from its November 2021 all-time high and the death cross may have cemented the asset’s fate, as a long bear-market drawdown had followed afterward. The opposite type of crossover, where the short-term MA moves above the long-term one, has generally been a bullish cross instead, as the asset has usually enjoyed uptrends following it. This crossover had been seen earlier in this year as well, after which BTC had gone on to see some significant rise. Recently, however, as the cryptocurrency’s price has been struggling, the 50-day MA has started to go down and has now neared the 200-day MA. If the former continues in this trajectory and completes the cross below the latter, then another death cross would form for Bitcoin. Such a cross would be an ominous sign for the asset, as it could imply that a significant drawdown may be ahead for the coin. So far, though, the bearish cross hasn’t been fully confirmed yet. It now remains to be seen if the death cross will be completed in the coming days, or if BTC would turn itself around before it happens, leading to the 50-day MA pulling away from the 200-day MA for now. BTC Price Bitcoin has gone through a bit of a rollercoaster in the past two days, as its price had first dropped towards the $25,100 level, but has since already recovered above $26,100.

In a concerning development, popular crypto exchange CoinEx is believed to have fallen victim to a suspected hack, resulting in significant losses from its Ethereum (ETH), TRON (TRX), and Polygon (MATIC) hot wallets. The incident, which unfolded on Tuesday, has sparked an ongoing investigation into the security breach. Alarming Depletion Of CoinEx ETH Reserves According to reports by Colin Wu, a prominent cryptocurrency journalist, CoinEx reportedly lost a staggering 4,946 ETH and 354,762 TRX as part of the ongoing drain from the exchange’s wallets. The total value of the funds lost surpasses $27.8 million, adding to the growing list of high-profile cryptocurrency exchange breaches. In his latest update, Colin Wu stated: What’s more, In a concerning revelation, Julio Moreno, the Head of Research at CryptoQuant, has shed light on the peculiar behavior surrounding CoinEx’s Ethereum reserves. The exchange has experienced a staggering depletion of its ETH holdings, with almost 5,000 ETH mysteriously vanishing within a single hour and a total loss of approximately 40,000 ETH since May. As a result, CoinEx’s ETH reserves now stand at virtually zero. CoinEx, however, has remained silent on the matter, refraining from issuing an official statement regarding the suspected hack. The depletion of CoinEx’s ETH reserves indicates a potentially grave situation, as it suggests a significant outflow of funds from the exchange. Such a rapid decline in ETH holdings may have severe implications for CoinEx’s liquidity and ability to meet customer withdrawal demands. CoinEx’s stakeholders and the wider cryptocurrency community will closely watch how the exchange responds to these developments. Complemented by transparent communication, swift and decisive action will be vital in navigating this challenging situation and working towards a resolution. Featured image from iStock, chart from TradingView.com

Particle Network, a provider of Web3 infrastructure, has released V2 of its Wallet-as-a-Service (WaaS) solution. With the most recent version, significant improvements were made to privacy, user experience, and transaction efficiency, making it the most cutting-edge web3 product of its type. With an emphasis on future-proofing web3 infrastructure, V2 was created to make WaaS flexible enough to react to changes in user behavior and blockchain architecture. User sovereignty and composability, two core ideas of web3, are upheld in its design. WaaS was introduced ten months ago with the intention of improving user experience and abstracting the complexities of dealing with decentralized apps. Wallet-as-a-Service was also set up by Particle Network with privacy as its top priority. Significant effort has been put into enhancing these features in V2. A zero knowledge (ZK) component and a protocol layer that emphasizes user privacy and security are two of the new technologies introduced by V2. This takes the shape of the Intent Fusion Protocol, which supports secure transactions and authentication across the blockchain and dapp layers. By automating user intent formulation, deconstruction, and execution, Intent Fusion Protocol streamlines user engagement. This improves user experience by enabling users and developers to concentrate entirely on creating intents. While maintaining a smooth user experience, zkWaaS maintains user login privacy and automates the maintenance of web3 credentials. Smart Stealth Addresses, another feature of V2, let users interact with other people using transient, one-time addresses. Additionally, zkWaaS provides Confidential Auth and Confidential Transactions to solve user privacy issues. It supports the objective of guaranteeing user friendliness and privacy protection while easily onboarding web2 users onto web3. With Wallet-as-a-Service, Particle Network has given developers what they need to create web3 experiences that satisfy consumers of today. To do this, a environment must be created where user experience is enhanced without compromising security or privacy. An innovation in user interface and transaction efficiency is V2. It quickens the process of change toward an end-state where consumers may access web3 products and services with the fewest feasible entry barriers while maintaining their self-sovereignty. Additionally, V2 includes improved data management features that stop user data from leaking onchain. Particle Network’s Wallet-as-a-Service V2 is the company’s most innovative consumer offering to date. It gives developers the framework to offer a variety of complex blockchain-based services, including cross-chain solutions. A seamless user experience is produced as a consequence of its emphasis on removing friction, ensuring that dapps may reach their full potential.

Announcing:Orderly Omnichain – The realization of the first step in our vision: a high-speed shared liquidity CLOB trading infrastructure, with liquidity deployed across all leading chains. Now, Perp traders from all major chains will settle orders in one unified order book. You’ll be trading seamlessly with users on different blockchains without even realising it. We’re rolling out institutional-grade order-book perps to all your favorite dApps, everywhere. Summary: Orderly is already powering several dApps, and CEXs, on the NEAR Blockchain. Orderly Network now goes omnichain; this time, we welcome EVM developers. Expect institutional-grade order book infrastructure using our omnichain settlement layer. Orderly aims to deploy on all major chains, concentrating liquidity, and building a collaborative ecosystem. Developers can now create dApps that allow users to interact with them, no matter the chain, powered by LayerZero. A trader for example, on Polygon can trade against traders on other chains like Arbitrum or AVAX, without leaving Polygon. Orderly’s Stack will enable all your favorite dApps to integrate CLOB perp trading, cutting integration hassles and serving brokers, HFT, dApps, and more. Developers have the capability to construct their own Perps DEX, leveraging a high-speed, shared liquidity CLOB trading infrastructure that’s accessible across the leading EVM chains. A New Era in DEX Development: Orderly Network is excited to unveil its strategic omnichain expansion. Think of it as an all-chain trading infrastructure settlement layer, to be deployed everywhere. Built to be omnichain, Orderly will be completely chain-agnostic. A feat made possible by Orderly Vaults’ cross-chain messaging, powered by LayerZero. Beyond just a technological leap, this launch highlights our commitment to supporting builders across all chains; this time we welcome EVM builders to our SDK as part of our omnichain drive. The Technological Leap: Developers, brace yourselves for a transformative journey as we simplify the complex, empower creativity, and reduce go-to-market time to just a few days. “Our goal is to empower developers to concentrate on innovation, not infrastructure,” says Ran Yi, CEO of Orderly Network. “With our Omnichain Perpetual Futures Orderbook, we’re making DEX development accessible to everyone. The Rise of Mainstream Order Books: We’re rolling out institutional-grade order books with ready to use liquidity, now compatible with all your favorite dApps. This is a feature that has mostly been absent in the DEX landscape. While most protocols have leaned on the AMM model, primarily due to technological constraints, the era of mainstream order books has arrived. Consider Orderly that final, missing piece of the puzzle. Addressing the Cross-chain Conundrum: In addition to AMM limitations, cross-chain derivative trading introduces its own set of challenges. Users often face the complexities of bridging assets across chains, which not only complicates their experience but also introduces risks associated with wrapped assets. While these swaps are beneficial for many, they might not fully cater to the diverse needs of traders, from novices to high-frequency trading (HFT) experts. Orderly, addresses the cross-chain conundrum, ensuring streamlined, secure, and efficient cross-chain derivative trading for all user levels. Impressive Partnerships and Expansions: Top dApps on NEAR protocol have already been using the Orderly SDK; it’s not just the DEXs that are taking notice. Leading centralized exchanges (CEXs) such as WOO X, and BTSE have also integrated with the Orderly Stack, to power their decentralized order books and perps. Alongside top dApps like REF Finance and Sweat Economy, several other protocols are tapping into the Orderly SDK, to augment their platforms with swap capabilities and perpetual futures. Welcoming the EVM Community: Now, Orderly brings its platform to all chains, including the EVM community, which remains a homeground of DeFi innovation, and boasts an impressive developer ecosystem. This comes at a juncture as CEXs and DeFi converge, leveraging Ethereum’s security, and the interoperability of LayerZero. Not Just a Platform – A Collaborative Ecosystem: Integrating with Orderly doesn’t just bring liquidity to a dApp. It opens doors to a vast network of influential Web2 companies and Web3 protocols. This includes cloud infrastructure, fiat gateways, wallets, our comprehensive business development initiatives, and investments through Radiance Ventures. We are not just a platform; we’re a collaborative ecosystem, bringing comprehensive infrastructure, ready-to-use liquidity, and an advanced developer toolbox, designed to empower builders across all blockchains. Watch closely. We’re expanding to leading networks: [TBD], Arbitrum, Optimism, Linea, Polygon, Scroll, and Avalanche. In Their Words: Collaborator Insights OP Labs “Orderly has fostered a thriving ecosystem of projects and developers committed to building a more open and decentralized future, and we couldn’t be more excited to see a values-aligned community expand into the Optimism Collective. We’re happy to collaborate with protocols like Orderly that provide developers with tools that support growth within our shared ecosystems.” Smit Vachhani, Head of Defi Partnerships at OP Labs Arbitrum “Through Orderly’s deployment on Arbitrum, we’re excited to see Arbitrum’s transaction efficiency merged with Orderly’s passion for empowering builders. Together, we’re advancing a user-centric, decentralized future for dApps.” — Nina, Arbitrum Foundation Linea “As a leader in zkEVM Layer 2 solutions, Linea is thrilled to be part of Orderly Network’s groundbreaking omnichain initiative. The future of DeFi is not just about reducing costs or increasing speed; it’s about breaking down the barriers between blockchains to create a truly interoperable ecosystem. Orderly’s Omnichain Settlement Layer is a monumental step in that direction, and we’re excited to bring Linea’s low gas fees, fast transactions, and Ethereum-level security to this revolutionary platform.” Declan Fox, Product Lead Polygon Labs “Orderly’s deployment on Polygon is very exciting. Their launch ties in with the Polygon Labs vision for creating a settlement layer for global value exchange. The Polygon blockchain offers a robust network, and Orderly provides dApp users with a unique cross-chain experience.” – Jack Melnick, DeFi Lead, Polygon Labs Scroll We’re pleased to announce Orderly Network’s collaboration with Scroll. This will allow dApp developers on Scroll to access new trading tools, including perps and order book trading. We’re excited about the solutions this will bring to life, all enhanced by our zero-knowledge technology. Orderly Network is going to enable the next chapter for many users and developers. — Sandy Peng, Scroll. AVA Labs “Orderly’s choice of Avalanche in its expansion underscores our shared vision. With the integration of institutional-grade order book perps, Avalanche dApps have additional access to trading tools like CLOB perpetual futures, helping to further enrich our perp ecosystem.” – Luigi D’Onorio DeMeo, Head of DeFi and DevRel at Ava Labs Feature Showcase: With this launch, Orderly showcases: The Omnichain Advantage: Our omnichain settlement layer allows incredible flexibility, enabling Orderly to offer trading features that even high-frequency traders will appreciate, attracting volume and liquidity typically reserved for a CEX. Unrivaled User Experience: We aim to match CEX capabilities and exceed their product offerings, Orderly offers incredibly fast, intuitive, and frictionless trading experiences. You may have heard of bold claims like this before but we are on the brink of offering these capabilities. The power of composability allows developers to introduce unique features into Orderly, leading to a comprehensive, and community driven product suite. Real Yield Opportunities: Orderly will generate revenue from various trading and LP activities on the platform redistributing it to stakeholders throughout the ecosystem. We will also integrate our market-making strategies, whereby liquidity providers will earn authentic real yield, while tapping into our network of institutional traders. Chain Agnostic for End-users: Developers can now create dApps that allow users to interact with them, no matter the chain, making bridges obsolete for developing a multichain dApp, all thanks to LayerZero’s multichain interoperability. Leveraging LayerZero’s omnichain interoperability, the underlying chain becomes largely transparent to users. For instance, a trader on Arbitrum can effortlessly settle a trade with a user on Polygon. “We’re excited that Orderly has decided to integrate with LayerZero to enable omnichain functionality for all developers building on the Orderly stack,” said Seena Foroutan, Global Head of Business Development at LayerZero Labs. ”It is clear the future of DeFi is omnichain and projects like Orderly are accelerating this journey.” Built for Composability: Orderly’s framework supports modular dApp development, allowing developers to integrate CLOB perp trading into new or existing dApps tailored to their user needs. We are constantly adding new features to the Orderly SDK. Top CEXs Partner with Orderly. Step onto a platform chosen by leading CEXs for their DeFi initiatives. Harness our sturdy infrastructure for your DApp. With proven reliability through partnerships with WOO X and BTSE this type of integration is fast becoming a compelling narrative, driven by customer demands. “Our new platform, BTSE DEX, was created with Orderly to offer decentralized trading to beginners and professional traders alike. The orderbook infrastructure created by Orderly simplified and streamlined our DEX’s development, and we know that DeFi builders will benefit immensely from the team’s new EVM SDK,” said Henry Liu, CEO of BTSE. Willy Chuang, COO of WOO commented “What distinguishes WOO is that we are hybrid in nature with exchanges that pervade both CeFi and DeFi. Orderly’s EVM SDK will see our decentralized arm strengthen, adding omnichain orderbook trading to WOOFi’s arsenal and providing more value capture for the WOO token. “ Our Team Speaks Your Language: With roots in both crypto and traditional finance, we understand developer needs and ensure our platform bridges both worlds. Any dApp building on Orderly will have immediate access to our tooling, partnerships and business development efforts. Simplifying DEX Launch: Driving Industry Transformation By simplifying the process of launching a DEX, Orderly Network is poised to drive significant industry transformation. Our solution eliminates the need for laborious integration processes, hunt for liquidity, reduces time-to-market, and makes it an invaluable asset for brokers, aggregators, wallets & custodians, HFT, trading bots, hedging, games/dApps, and more. “Orderly’s architecture is ingeniously designed to be effortlessly composable, a characteristic resonating deeply with DeFi’s foundational principles. Our collaboration with notable CEXs further demonstrates our unparalleled capabilities. Moreover, with the backing of industry titans like Nomura’s Laser Digital, Pantera Capital, Dragonfly Capital, and Sequoia China, we are poised to drive DeFi’s evolution,” shared Arjun Arora, COO of Orderly Network “Laser Digital (a Nomura Group company) congratulates Orderly on the launch of Omnichain, unleashing new capabilities for digital assets. Their vision aligns with our own — to foster innovation and collaboration for greater progress in blockchain technology” – Olivier Dang, General Partner of Laser Digital Ventures Build the Future With Us: Are you ready to elevate your dApp development experience? Explore our comprehensive documentation here and discover how Orderly Network can help you build better, faster, and more efficiently. About Orderly Network: Orderly Network is an omnichain trading infrastructure that unifies liquidity across blockchains. We are building the ultimate trading lego for seamless dApp integration by any builder on any blockchain. We are transforming DeFi by combining the transparency and composability of DEXs, with the speed and performance of CEXs. Read more at https://orderly.network/ Media Contacts: Orderly PR [email protected] Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

FTX’s plans to sell $3.4 billion worth of its crypto holdings, including SOL, ETH, and BTC. FTX aims to sell $200 million worth of crypto assets weekly. ApeCoin would face a potential impact on Sep 17, with 11% of outstanding tokens set to unlock. The cryptocurrency market has once again experienced a significant surge in volatility following the news of FTX’s impending sale of its crypto holdings, totaling $3.4 billion. This move has placed immense selling pressure on FTX’s major holdings, including Solana (SOL), Ethereum (ETH), and Bitcoin (BTC). FTX administrators have successfully recovered approximately $7 billion in assets, with $3.4 billion of this value being held in cryptocurrencies. According to recent filings, a court hearing scheduled for Wednesday will evaluate a proposal to initiate token sales as part of the creditor repayment plan. Altcoins at Risk FTX intends to liquidate at least $3.4 billion worth of cryptocurrencies to facilitate the return of fiat currency to its users instead of tokens. This action is expected to have a prolonged impact on the crypto market. Throughout the remainder of the year, as noted by Matrixport, a crypto services provider. Matrixport has pointed out that FTX has intention to sell $200 million worth of crypto assets each week. Notably, FTX holds a substantial amount of Solana with close to $1.2 billion in SOL. FTX’s crypto asset inventory also includes $560 million in Bitcoin, the largest cryptocurrency, and $192 million in Ether, the second-largest cryptocurrency. FTX isn’t the sole major seller in the crypto market at the moment. VC Investors are also facing significant pressure to return funds to their investors, leading them to become substantial sellers of altcoins. Markus Thielen, head of research, emphasized the importance of these VC funds in shaping market dynamics. The upcoming unlock of ApeCoin (APE), another crypto held by VC investors, scheduled for September 17. This event will account for 11% of outstanding APE tokens, potentially further impacting prices following a 4.2% unlock on August 17, which resulted in a 24% price drop. On the technical front, Bitcoin has formed a death cross, indicating increased volatility. This occurs when the 50-day short-term moving average breaches the 200-day short-term moving average, potentially leading to further turbulence in BTC’s price in the coming days. Ethereum has also faced challenges, hitting a five-month low on early September 12 and experiencing a 15% drop to $1,533. BTC and ETH Price Status (Source: CoinMarketCap) Despite these challenges, at the time of writing, the crypto market is showing signs of a slight recovery. Bitcoin’s price has risen by about 2% to $26,154, Ethereum (ETH) has surged by 1.4% to $1,609. And Solana (SOL) has climbed over 4% to $18.34.

Solidus Labs’ latest Crypto Market Manipulation Report finds wash trading is one of the most common but preventable forms of market manipulation in DeFi NEW YORK–(BUSINESS WIRE)–#DeFi–The latest market manipulation report from Solidus Labs, a category-definer for crypto-native trade surveillance and risk monitoring, has found that crypto token deployers and liquidity providers have wash-traded at minimum $2 billion worth of cryptocurrency on Ethereum-based decentralized exchanges (DEXs) since 2020. From a sample of approximately 30,000 DEX liquidity pools, Solidus’ analysis revealed that 67% were manipulated by wash traders – traders who executed transparent or obfuscated self-trades solely to produce artificial movements in crypto tokens’ prices or volumes. Wash trading constituted 16% of the total trading volume of these manipulated pools. Given the sample size of pools Solidus reviewed, this is a lower-bound estimate of DEX-based wash trading volume. “Market manipulation remains a significant challenge within the crypto industry, especially in an era of greater regulatory scrutiny and institutional adoption,” said Asaf Meir, Solidus Labs’ Founder and Chief Executive. “The wash trading activity we have unearthed here is a clear sign of market manipulation, and it must be prevented for crypto and DeFi to flourish.” This report – the second in Solidus’ Crypto Market Manipulation Report Series – provides extensive data and specific examples of the main types of wash trading methods utilized by fraudsters. In DeFi, the fragmentation of liquidity across various DEXs makes for smaller markets that are more susceptible to price and volume manipulation. In one instance, Solidus identified a group of connected wallets that facilitated the wash-trading of a meme token named “SHIBAFARM” to attract speculators, manipulate its price, and then pull the rug on those speculators for a profit of more than $2 million. Wash trading is well-addressed in traditional markets through trade surveillance and self-trade prevention mechanisms; while it is just as detectable and preventable on DEXs, a regulatory question remains regarding who is responsible for on-chain wash trading detection and prevention. As these questions are being answered, Solidus Labs is taking significant steps to de-risk DeFi by building out solutions to identify and prevent market manipulation. These solutions, such as Token Sniffer, DEX-Based Insider Trading and DEX-based A-A Wash Trading Detection, are rapidly becoming relied upon by crypto exchanges, regulators and investors. About Solidus Labs Solidus Labs is the category-definer for crypto-native market integrity solutions – trade surveillance, transaction monitoring, and threat intelligence. Our mission is to enable safe crypto trading throughout the investment journey across all centralized and DeFi markets. As the founder of industry-leading initiatives like the Crypto Market Integrity Coalition and DACOM Summit, Solidus is deeply committed to ushering in the financial markets of tomorrow. Crypto exchanges, financial institutions and regulators globally rely on Solidus HALO – our real-time, comprehensive, testable, and future-proof platform. Safeguarding their business from known forms of market abuse and a plethora of emerging crypto-specific risks, we enable our clients to grow faster – and safer. To learn more, please visit https://soliduslabs.com. Contacts Trevor Davis Gregory FCA for Solidus Labs 443.248.0359 [email protected]

MetaMask Snaps will capture the full extent of the innovation happening in web3 by enabling third-party developers to bring their specialist expertise to building for the MetaMask platform. This permissionless innovation program is poised to transform the manner in which users engage with MetaMask worldwide, presenting them with unparalleled control and customization possibilities. In the initial phases, the priority is to involve adept MetaMask users in trying out MetaMask Snaps and gathering their input while the MetaMask team continues its development journey towards realizing MetaMask Snaps’ ultimate vision. FORT WORTH, Texas–(BUSINESS WIRE)–Today, Consensys, a leading blockchain and web3 software company, announces the launch of the first iteration of MetaMask Snaps to the public. MetaMask Snaps is set to revolutionize the way users interact with MetaMask, the world’s leading self-custody web3 platform, offering them unprecedented control and customization. Snaps are new features and functionality, created by third-party developers, that MetaMask users worldwide can install directly into their wallet. Previously, MetaMask features were exclusively developed by MetaMask developers employed by Consensys. The initial rollout will include 34 Snaps that provide utility around transaction insights, interoperability with non-EVM blockchains like Bitcoin, and notifications. The public launch of MetaMask Snaps marks a pivotal moment in the evolution of MetaMask as a wallet. By providing users with a new set of tools developed by third-party developers across the globe, MetaMask Snaps will empower individuals to shape their web3 experience according to their unique needs and preferences. Adept MetaMask users can access information about how to install the first available Snaps from the official website. The initial iterations will focus on getting experienced MetaMask users to try out MetaMask Snaps and collecting their feedback, while the MetaMask team continues its development journey towards realizing its ultimate vision. Initial Snaps rollout: transaction insights, interoperability, and notifications As the initial phase of realizing this vision, MetaMask Snaps will launch with a set of 34 Snaps. These Snaps went through security audits and were manually included in the allowlist by the MetaMask team. MetaMask will persist in auditing and incorporating Snaps into the allowlist until the transition to a permissionless system is achieved, eliminating the need for this intermediate step. These first Snaps unlock unique use cases that include: Transaction insights: Enhancing users’ web3 journey with clearer transaction insights, empowering them to identify potential security concerns and malicious smart contracts before finalizing a transaction. Interoperability: MetaMask Snaps broadens web3 usage to encompass non-EVM blockchains such as Bitcoin, Solana, Cosmos, and EVM Layer 2 solutions like StarkNet. Notifications: Keeping users informed and engaged with web3-specific notifications directly in MetaMask, ensuring you never miss an essential update or event. A full list of Snaps is available on the MetaMask Snaps Directory. MetaMask’s Vision of Permissionless Innovation In 2022, MetaMask surpassed 100 million users. The web3 ecosystem has witnessed rapid growth, leading to new diverse use cases. Innovations that provide a personalized user experience continue to be crucial to eliminating barriers to entry and facilitating the growth of the web3 ecosystem, with the ultimate goal of onboarding 1 billion users. While its origins are rooted in Ethereum, MetaMask holds the conviction that innovation occurs in many domains across the web3 ecosystem. With Snaps, the leading web3 wallet hopes to capture a fuller extent of the innovation happening in web3 by enabling third-party developers to bring their specialist expertise to building for the platform. MetaMask envisions an open, permissionless system of innovation where any web3 developer can build a Snap and make it available to users. A platform for the community, built by the community. “The most important part of the Snaps story to me is that we now have a system at the heart of our wallet that allows us to step back and humbly invite the community to provide their own solutions to the hardest problems. I have some big ideas and opinions about what the future of transaction safety could look like, but that’s no reason for it to be the only idea being validated. We’re helping usher in a new paradigm of distributed computing, and there are a lot of questions that need creative solutions, and so I still believe that lowering the barrier and cost to trying new things can be an important accelerant to finding good answers to those hard problems. This isn’t about accelerating technology for its own sake, it’s about accelerating the process of finding improvements in the ways we do things,” said Dan Finlay, Co-founder of MetaMask and Chief Ethos Officer at Consensys. Third-party developers building Snaps can independently ship and maintain their creations, separate from MetaMask. They maintain ownership of their code and establish a direct connection with their Snap’s users. In the long-term, MetaMask users will benefit from the convenience and versatility of countless Snaps, tailored for various use cases, across multiple protocols. They will see features that haven’t been imagined yet, developed at a pace that MetaMask couldn’t have achieved on its own. “We are building MetaMask Snaps as an open platform for innovation and we do not charge developers for publishing Snaps to this platform. We believe that permissionless innovation is a cornerstone of a decentralized system—no gatekeepers. Innovation thrives at the pace of the network, not just within an individual development team at Consensys,” emphasized Christian Montoya, Product Lead for MetaMask Snaps. Anticipating the future and what lies ahead, MetaMask has engaged in discussions with over 150 developers in the past few months to broaden the array of Snaps. These developers come from various regions around the world, including Africa, Asia, Europe, LATAM and the US. About Consensys Consensys is the leading blockchain and web3 software company. Since 2014, Consensys has been at the forefront of innovation, pioneering technological developments within the web3 ecosystem. Through our product suite, including the MetaMask platform, Infura, Linea, Diligence, and our NFT platform, we have become the trusted collaborator for users, creators, and developers on their path to build and belong in the world they want to see. Whether building a dapp, an NFT collection, a portfolio, or a better future, the instinct to build is universal. Consensys inspires and champions the builder instinct in everyone by making web3 universally easy to use and develop on. To explore our products and solutions, visit https://consensys.io/. Contacts [email protected]

NFTScan partners with TON to unveil the NFT explorer, TON NFTScan. Over 1.1 million NFTs and 9,682 collections were issued in the TON ecosystem. NFTScan, a multi-chain NFT data infrastructure service provider, launched TON NFTScan, an all-inclusive NFT explorer within the TON (The Open Network) ecosystem on September 12. This announcement marks a milestone for NFTScan as they expand their support to the 18th blockchain, the TON network. Notable chains such as Bitcoin, Ethereum, Solana, Avalanche, Arbitrum, Optimism, Aptos, and Base are part of the NFTScan ecosystem. Through this integration with TON, NFTScan bolsters its mission of enabling users to access concise and efficient NFT data searches. And query services across various blockchain networks. Analyzing Statistics Using TON NFTScan The data from the TON NFTScan revealed impressive statistics regarding the TON ecosystem. According to the explorer, a total of 1,140,128 NFT assets have been minted and 9,682 collections have been created on the TON blockchain, as of September 12. Remarkably, the advanced L1 network recorded a staggering 2,710,156 on-chain transactions, involving 717,613 wallet addresses actively trading NFTs. Meanwhile, through various features, the TON NFTScan Explorer aims to give users detailed on-chain data, including trading, minting, and ranking. And gas fees for any NFT asset issued on the TON network. Additionally, users can easily access transaction histories for specific wallet addresses. Moreover, The community considers the launch of network-exclusive explorers as a significant step forward in boosting transparency within the NFT space. As the NFT market continues to evolve and expand, these analytical platforms play a crucial role in providing users with the tools they need to navigate this cutting-edge digital frontier.

A crypto analyst has presented their forecast for where they believe the Bitcoin price will be by the end of 2023. However, the end-of-year (EOY) price prediction is not the only interesting thing that the analyst talks about, with short-term expectations also included. Hoops To Jump Through For Bitcoin Price Pseudonymous crypto analyst Titan of Crypto took to X (formerly Twitter) to share their latest prediction for the Bitcoin price. This analysis uses the Ichimoku point of view to analyze a Tenkan Cajun (TK) death cross that appeared on the Bitcoin price chart. The importance of this TK death cross is what happened to the digital asset’s price the previous times it has appeared. According to Titan of Crypto, this exact death cross has appeared twice in the past two years, and each time, the outcome has been bearish for the Bitcoin price. As the analyst points out, Bitcoin had dropped an average of 20% when the TK death cross appeared both in June 2021 and January 2022, which does not bode well for the price right now. So another occurrence could see the Bitcoin price fall around 20% from its already low levels. The analyst also points to the packed week in terms of economic announcements such as the CPI and PPI, among others, which could have an adverse effect on the crypto market depending on their outcome. Such a drop as previously recorded could easily see the price drop to $20,300 the analyst points out. BTC Will End The Year On A Good Note Despite the incredibly bearish outlook that has formed for the Bitcoin price, especially in the short term, it is not all gloomy, according to Titan of Crypto’s analysis. For one, the analyst does not expect the price of the digital asset to fall any lower than its already established bottom back in 2022. This means that even though the analyst sees BTC returning toward $20,000, it won’t make a new bottom. Furthermore, the analyst also sees the cryptocurrency finishing out 2023 on a high note. In the same analysis, he points out that he expects Bitcoin to cross $30,000 by year’s end. “Overall I believe that Bitcoin is going to go up and gravitate/pass the $32k level by EOY,” the tweet reads. Going by this forecast, even if Bitcoin does fall to $20,000, the digital asset could see a more than 30% rise before the year is out. “But this scenario hasn’t played out yet and a lot of support needs to break before hoping for such a low price for #BTC,” the analyst explains in a follow-up tweet.

Generates 19% year-to-date annualized organic growth Year-to-date net inflows surpass the $10 billion mark, including net inflows in 7 of 8 product categories NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for August 2023, including assets under management (AUM) and flow data by asset class. Monthly Commentary: Over $1.3 billion of net inflows in August driven by robust flows into fixed income and all equity strategies, partially offset by weakness in commodity & currency flows Year-to-date net inflows eclipsed the $10 billion mark and are driving a best-in-class 19% annualized pace of organic growth relative to our publicly traded asset manager peers WisdomTree’s equity strategies (both U.S. and non-U.S.) are generating a combined 15.5% year-to-date annualized organic growth, including 29% annualized organic growth in non-U.S. equity strategies As of August 31, 2023 AUM Rollforward ($ in millions) Annualized Flow Rate MTD QTD YTD MTD QTD YTD Beginning of Period Total AUM $97,438 $93,667 $81,986 Total Net Flows U.S. Equity $197 $519 $783 8.5% 11.7% 4.9% International Dev. Mkt Equity $185 $411 $2,454 15.4% 18.0% 36.2% Emerging Market Equity $87 $298 $1,114 10.2% 19.1% 20.6% Fixed Income $994 $1,217 $6,202 57.2% 35.4% 61.0% Commodity & Currency ($145) ($818) ($328) (7.5%) (21.5%) (2.2%) Alternatives $18 $8 $12 61.3% 14.6% 5.7% Cryptocurrency $4 $9 $21 19.5% 20.5% 22.8% Leveraged & Inverse ($29) $1 $56 (17.3%) 0.2% 4.8% Total Net Flows $1,310 $1,645 $10,313 15.8% 10.3% 18.9% Market Move ($2,050) $1,387 $4,399 Current Total AUM $96,699 $96,699 $96,699 Average Total AUM $95,786 $95,680 $90,956 Blended Total Average Fee Rate 36 bps 36 bps Source: https://ir.wisdomtree.com/ Please visit https://ir.wisdomtree.com/ for downloadable spreadsheets containing detailed AUM and flow data by asset class and fund broken out by daily, monthly, quarterly and annual timeframes. About WisdomTree WisdomTree is a global financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models, solutions and products leveraging blockchain-enabled technology. We empower investors and consumers to shape their future and support financial professionals to better serve their clients and grow their businesses. WisdomTree is leveraging the latest financial infrastructure to create products that provide access, transparency and an enhanced user experience. Building on our heritage of innovation, we are also developing and have launched next-generation digital products, services and structures, including digital or blockchain-enabled mutual funds and tokenized assets, as well as our blockchain-native digital wallet, WisdomTree Prime. WisdomTree currently has approximately $95.8 billion in assets under management globally. For more information about WisdomTree and WisdomTree Prime, visit: https://www.wisdomtree.com. Please visit us on Twitter at @WisdomTreeNews. WisdomTree® is the marketing name for WisdomTree, Inc. and its subsidiaries worldwide. Cautionary Statement Regarding Forward-Looking Statements This press release may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our ability to achieve our financial and business plans, goals and objectives and drive stockholder value, including with respect to our ability to successfully implement our strategy relating to WisdomTree Prime, our ability to continue to make achievements in AUM, levels of net inflows and other risk factors discussed from time to time in WisdomTree’s filings with the Securities and Exchange Commission (“SEC”), including those factors discussed under the caption “Risk Factors” in our most recent annual report on Form 10-K, filed with the SEC on February 28, 2023, and in subsequent reports filed with or furnished to the SEC. These forward-looking statements are based on WisdomTree’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside WisdomTree’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Forward-looking statements included in this release speak only as of the date of this release. WisdomTree does not undertake any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release except as may be required by the federal securities laws. Category: Business Update Contacts Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735 [email protected] / [email protected] Investor Relations WisdomTree, Inc. Jeremy Campbell +1.646.522.2602 [email protected]

GENEVA–(BUSINESS WIRE)–Alphemy Capital S.A. (“Alphemy Capital”), an alternative investment manager focused on blockchain technology and digital assets investments, has appointed Constance Sng as its Chief of Capital Formation and Investor Relations. In this newly created role, Sng will work alongside the management team to develop and implement the firm’s strategic expansion and institutional offering. ‘Constance is a highly valuable addition to the team,’ said Alphemy Capital CEO Roman Khrushch. ‘She’s a proven business builder who embodies a rare blend of experience in investment management, fintech and web3 blockchain. Her expertise will be invaluable as we advance the next phase of our growth to become the leading digital assets investment manager.’ Alphemy Capital COO Martin Palotai added: ‘Alphemy Capital is a farsighted investment manager committed to the highest standards of corporate governance and risk management. As Chief of Capital Formation and Investor Relations, Constance will help us identify new opportunities to take this vision forward.’ Prior to Alphemy Capital, Sng was Global Head of Capital Formation and Investor Relations at a leading digital asset web3 platform, driving corporate strategy and investor relations. Having spent the earlier part of her career at hedge funds, asset management firms and banks, Sng was Chief of Capital Strategy at Hudson Cove Capital. There, she designed and spearheaded the firm’s growth, turning it from a family office to an asset manager with global investors comprising SWFs, pensions, OCIOs and banks, among others. Previously, she spent eight years at Moore Capital in New York, a leading global macro strategy hedge fund working with global institutional investors and investment consultants. She was also at New York-based Satellite Asset Management and held senior leadership roles at Credit Suisse Asset Management and Citigroup Asset Management, in Asia. Sng is a CFA Charterholder who holds a master’s in economics from the London School of Economics and a bachelor’s in finance and marketing from the University of Iowa. She is also chair of The Investment Diversity Exchange (TIDE) advisory board. About Alphemy Capital, S.A. Alphemy Capital, founded in 2019, is a Geneva-based investment manager regulated by the Swiss Financial Market Supervisory Authority (FINMA). The firm provides investors with unparalleled access to a portfolio of digital assets, combining a fundamental thesis-driven investment approach with rigorous risk management and institutional corporate governance. Alphemy Capital was founded by Roman Khrushch and Danylo Knysh, who are seasoned veterans in the blockchain web3 ecosystem as participants, investors and contributors since the early 2010s. Contacts Alphemy Capital S.A. Martin Palotai [email protected] +41 22 318 8787

The price has recently broken the key support level of $0.50. If price manages to break above the $0.51 mark, then it will likely rally towards the $0.55. It’s been less than two months since the landmark SEC vs. Ripple judgment. After significantly rising post the judgment, XRP’s price has fallen back to its pre-breakout level as the token is now facing a 53% retracement after its spectacular breakthrough in July. Undoubtedly, the euphoria among XRP traders and investors has been muted by the SEC’s intention to appeal Judge Analisa’s order. Despite persistent pushback from the crypto sector, Gary Gensler, chairman of the SEC, maintains that the agency’s securities laws apply to the vast majority of cryptocurrencies. To restate the SEC’s firm view that cryptocurrency firms must register with the regulatory body, Gensler provided written testimony to the Senate Banking Committee on September 12. The crypto community is watching the case intently because of the potential effect it might have on the whole industry. There are also a large number of XRP investors that are directly involved. Key Support Level Broken At the time of writing, the price of XRP is $ $0.48 as per data from CMC. Also, the trading volume of XRP is up 14.42% in the last 24 hours. On a positive note, the price of XRP is up 34.74% in the last 1 year. Source: CoinMarketCap If price manages to break above the $0.51 mark, then it will likely rally towards the $0.55 region. The price has recently broken the key support level of $0.50. It will likely test the $0.33 support level. With U.S CPI and PPI data expected this week, the price of XRP is expected to breakout in either direction.

Chainlink (LINK), the cryptocurrency known for its decentralized oracle network, has been facing a challenging period in recent days as it grapples with a persistent bearish trend. Despite some positive developments in the crypto space, LINK’s price has been on a downward trajectory, failing to capitalize on favorable news. One notable event that failed to provide the expected boost to LINK’s price was the successful completion of Swift’s experimentation with Chainlink. Swift, the interbank messaging giant, had conducted trials involving Chainlink, which created a buzz in the crypto community. However, rather than propelling LINK’s price to new heights, it primarily generated increased social volume and sentiment among traders. Chainlink Short-Term Support Zone Crumbles Looking at the price charts in a new analysis, it becomes evident that LINK was unable to maintain a short-term support zone that had been established by bullish investors just last week. The weekend witnessed a decline in prices and a surge in bearish pressure, undermining the previous support. On the 4-hour chart, a bearish order block was clearly visible around the $6.2 zone, marked in red. While Chainlink prices had briefly surged past this level on September 7 and even retested it as support, ultimately flipping it into a bullish breaker block, the bulls struggled to sustain the momentum. The persistent sell pressure over the past few weeks ultimately pushed LINK’s value below the critical $6.2 mark. Bearish Indicators Point To Further Losses As of now, Chainlink is trading at approximately $5.91 according to CoinGecko, marking a 0.6% decline in the last 24 hours and a 1.2% dip over the past week. Both the price action and technical indicators seem to align with the possibility of LINK facing more losses in the near future. Moving forward, the next significant support levels to watch are at $5.7 and $5, as indicated by the higher timeframe price charts. It is increasingly likely that LINK may experience a drop to these levels in the coming days and weeks. LINK Whales Accumulate Amid Bearish Trend Despite the prevailing bearish sentiment, a separate report highlights a noteworthy development. Chainlink whales, holding between 10,000 and 1,000,000 Chainlink tokens, have taken advantage of the recent dip in the asset’s price, anticipating a future recovery in the altcoin’s value. Typically, such whale accumulation tends to generate a positive sentiment among traders, as it fuels demand for LINK across various exchanges. However, it remains to be seen whether these bullish catalysts can ultimately break LINK free from its current downward trend, as social metrics continue to outshine price performance in the Chainlink ecosystem. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Broken Chain Photography

PayPal is now able to provide direct crypto purchases to its U.S. customers. The integration allows Web3 companies to access a wider audience, according to PayPal. According to a recent press release, PayPal has expanded its presence in the Web3 sphere with the addition of PayPal On and Off Ramps integration. The most recent change is geared toward making digital wallets, decentralized dApps, and NFT marketplaces more readily available in the U.S to facilitate the buying and selling of supported cryptocurrencies in line with applicable state regulations through PayPal On and Off Ramps. Boosting Crypto Adoption Moreover, integrating PayPal’s On and Off Ramps, a reliable and effective payment option, allows Web3 companies to access a wider audience, according to PayPal. In addition, the release demonstrated that they had access to PayPal’s full suite of services for combating fraud, chargebacks, and disputes. Also, with the introduction of On Ramps and partnerships with MetaMask and Ledger, PayPal is now able to provide direct crypto purchases to its U.S. customers. Meanwhile, with the launch of Off Ramps, American crypto wallet users will have the option of instantly converting their digital assets into USD from their wallets and adding the funds to their PayPal accounts. The change would make it easier for people in the United States to purchase online, send money to family and friends, save money, and make direct deposits to their bank accounts. Also, in its most recent announcement, PayPal said that PayPal Off Ramps is now live on MetaMask and accessible to wallets, dApps, and NFT marketplaces. Furthermore, the developments show that PayPal has been interested in the digital assets market for some time. To streamline online transactions, PayPal, has recently established its own stablecoin dubbed PayPal USD (PYUSD). Highlighted Crypto News Today: Bitcoin Price Briefly Recovers Post Recent Dramatic Drop

Banana Gun revealed a major flaw in its smart contract post-launch. ChatGPT, OpenAI’s chatbot, is credited for identifying the contract flaw in seconds, sparking debate on its capabilities. The token BANANA crashed after the flaw’s discovery, leading to “rug pull” speculations.. Banana Gun, a crypto project, recently disclosed a critical flaw in its smart contract. Despite undergoing two audits, the team only discovered the bug after the project’s launch. The glitch enabled users to sell their assets while still holding tax tokens, causing a flash crash in the value of its native token, BANANA. Following the revelation, the price of Banana Gun’s native token, BANANA, took a nosedive, as per DEXTools data. After reaching a high of approximately $8.7, its worth plummeted to near insignificance. This drastic price shift led to a wave of speculation. Many in the crypto community labeled the incident a “rug pull,” casting doubts over the project’s legitimacy. However, the Banana Gun team was quick to respond. They outlined a recovery strategy, starting with selling their Treasury wallet. The aim is to tap into the locked liquidity, which will find its way into a new contract. A subsequent relaunch is on the horizon, with an airdrop in the pipeline to compensate users. OpenAI’s ChatGPT Enters the Scene In an intriguing twist, a coder by the pseudonym ‘Mister Choc’ shed light on the contract’s vulnerability. He credited OpenAI’s chatbot, ChatGPT, for pinpointing the flaw in seconds. This revelation sparked a debate on the chatbot’s prowess. Matthew Zaborowski, Co-Founder of Proof of Play, weighed in on the matter. He acknowledged ChatGPT’s ability to scrutinize contracts for potential exploits but emphasized its supplementary role to seasoned developers and thorough audits. The Banana Gun team remains committed to rectifying the situation. They have assured stakeholders of a rigorous audit for the new contract. Only once all elements align perfectly will the project see another launch. In a gesture of goodwill, the team is also reviewing the Profit and Loss statements of all traders. Those who invested more in BANANA than they withdrew will receive full compensation in ETH.

Amidst the constant price swings and uncertainties that plague the crypto market, stablecoins have become an invaluable asset for investors and traders. However, analysts have revealed several stablecoins that have been struggling to maintain the esteemed stability reserved for these types of assets. Stablecoins Under Pressure The inherent volatility of the crypto market and the persistent price fluctuations of cryptocurrencies are a constant experience in the crypto industry. Due to this, stablecoins like USDT, USDC, and DAI have long been revered as a reliable bridge between the volatility and instability of cryptocurrencies. However, a recent report has raised concerns about the stability of some of the most popular stablecoins. The report saw analysts from S&P Global explore the top five stablecoins including Tether (USDT), Dai (DAI) Binance USD (BUSD), USD Coin (USDC), and Paxos (USDP). The research paper from Dr. Cristina Polizy, Anoop Garg, and Miguel de la Mata revealed that USDC and DAI have failed to maintain their dollar peg multiple times in the last two years, as compared to other stablecoins like USDT and BUSD. The analysis revealed that the de-pegging events for USDC and DAI have taken place more often than those of USDT and BUSD. Circle’s USDC was named as the stablecoin with the most prolonged de-pegging event, dropping to $0.90 for 23 minutes while DAI de-pegged for 20 minutes. In contrast, USDT dropped below the one-dollar peg for just one minute, while BUSD has not experienced any de-pegging event since June 2021 and June 2023. Possible Instigations For Stablecoin De-pegging Events March 2023 saw the fall of three prominent banks in the United States, including Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank. Due to the affiliations of these banks with the crypto industry, their collapse had a significant impact on the prices of digital assets in the space. Circle’s USDC experienced a decline of 13% below the one-dollar mark after reports revealed that a significant portion of Circle’s cash reserves, adding up to $3.3 billion, were kept in Silicon Valley Bank (SVB). However, the stablecoin has since recovered and maintained its peg following an announcement that confirmed that the Federal Reserve would endorse the banks’ creditors. Subsequently, Michael Barr, a high-ranking official at the United States Federal Reserve raised concerns about the adoption rate of unregulated stablecoins like USDT and USDC, which are currently the top stablecoins by market capitalization. As the broader crypto market watches closely for more discrepancies in the stablecoin dollar peg, financial firms like PayPal, have launched their own stablecoins. Prominent platforms like Binance, and Huobi are already incorporating the new PYUSD into their crypto portfolio. In addition, monetary institutions like Visa are taking advantage of stablecoins like USDC to propel expansion into new markets.

High volatility is anticipated this week due to the release of crucial data on U.S CPI and PPI. If the BTC price manages to go past the $26,380 mark then a fresh rally is expected. Bitcoin price has so far managed to avoid further decline by finding support around the $25,000 region; it was around this price that the last upswing to $31,500 began. BTC made a dramatic recovery after yesterday’s drop, climbing to around $26,000 earlier today. In a short time, the BTC price rose from $25,210 to $25,973. Furthermore, high volatility is anticipated this week due to the release of U.S CPI and PPI data. The former CEO of BitMEX, Arthur Hayes, recently made the suggestion that a rate drop by the Fed might boost BTC to the $70,000 level and revitalize the US financial system. This claim adds a new dimension to the discussion among investors regarding the future course of the crypto market. High Volatility Expected According to Glassnode, a blockchain data analytics firm, the market for digital assets “continues to dry up.” The digital asset market’s liquidity, volatility, and volume have all been falling, and several metrics have reverted to their pre-bull levels of 2020. At the time of writing, Bitcoin is trading at $25,800, up 0.03% in the last 24 hours as per data from CMC. Moreover, the volume is up 111.92% in the last 24 hours. If the price manages to go past the $26,380 mark then a fresh rally towards $28,000 is expected. Source: CoinMarketCap On the other hand, if the bears pull the price below the $25,000 level then a decline all the way till $20,130 is highly expected. Investors and traders are keenly waiting for the upcoming U.S CPI and PPI data release this week to determine the next move.

The next bull market draws closer with every passing day, and Google Bard provided some interesting insight on tokens to hold. According to the renowned AI chatbot, PancakeSwap (CAKE), Fantom (FTM), and Everlodge (ELDG) are must-have tokens for the next bull run. This article will delve into the insights provided by Google Bard regarding these tokens and why they are a ticket to substantial gains. PancakeSwap is a bullish token, according to Google Bard for its critical role in DeFi Fantom gears up for the next bullish run thanks to its value proposition Everlodge earns its place in Google Bard’s bullish trio for its real-world application Join the Everlodge presale and win a luxury holiday to the Maldives PancakeSwap (CAKE): A Key Player in DeFi PancakeSwap (CAKE) is a standout player in the DeFi (decentralized finance) ecosystem. It is known for being a DeFi platform that allows users to exchange tokens and yield farming. Since its launch in 2020, PancakeSwap has risen to become an integral part of the crypto space. As a top pick by Google Bard, the reason cited for PancakeSwap’s inclusion centers around its solid fundamentals and impressive performance. Further, its low transaction fees, cross-chain capabilities, and high throughput make it an attractive choice for both users and developers. Additionally, the token has utility within the ecosystem, which includes governance and staking. With this, PancakeSwap is expected to perform during the bull cycle and as DeFi gains traction. Fantom (FTM): An Ideal Choice for dApps Fantom (FTM) is another of Google Bard’s tokens to have an impressive run in the next bull run. Fantom is a smart contract platform that provides DeFi services to developers. The blockchain platform gained attention for its fast transaction speeds and low fees, making it an ideal choice for dApps. Its interoperability in the blockchain space was another reason cited by Bard for its inclusion. This ability allows Fantom to bridge various networks, including Ethereum, making it scalable and a popular choice. The above highlights how Fantom is well-positioned to capture demand. Its inclusion by Google Bard further underscores its potential, making it a bullish token. Everlodge (ELDG): A Bullish Token According to Google Bard In addition to PancakeSwap and Fantom, Everlodge (ELDG) makes up Google Bard’s bullish trio. This is thanks to the innovative solution it is introducing in the crypto space, which has contributed to its upward trajectory. Its presale is ongoing, currently in stage 2, at a token price of $0.016, which has been at the heart of the recent frenzy in the crypto space. Everlodge’s value proposition revolves around democratizing access to the real estate industry. By leveraging blockchain technology and utilizing the power of NFT, investors and enthusiasts can co-own luxury homes at a low cost. However, before Everlodge, the industry was associated with the affluent, which can now be fractionally owned for as little as $100. To co-own luxury villas or vacation homes, they will first be digitized and minted as NFTs, with their titles, deeds, and details stored inside smart contracts. These property-backed NFTs will be fragmented into bits, thereby allowing the purchase of smaller amounts. This real-world application, which seeks to disrupt the conventional real estate industry, earned it a place in Google Bard’s bullish trio. In addition, according to the AI chatbot, the token has the potential to rally by 40x in 2023, making its current price of $0.016 a steal. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge

The event will be the largest of its kind in Europe for 2H 2023 Speakers include leaders from Nansen, Fidelity, Fabric Ventures, Animoca Brands, Banco Santander, Algorand, Fireblocks, BBVA, BNP Paribas, Volkswagen, Binance and Galaxy Digital BARCELONA, Spain–(BUSINESS WIRE)–#EBC9–Barcelona is poised to host Europe’s largest blockchain event from October 24th to 26th. With 5,000 delegates and 300 speakers expected, it will be the largest blockchain event in Europe for 2H 2023 and the largest European Blockchain Convention since the event started in 2018. Barcelona will be abuzz on the last weekend in October as EBC9 comes to town and industry experts flock to the three-day crypto event. The conference also coincides with the highly anticipated El Clásico clash between Barcelona and Real Madrid. 300 founders, CEOs, and industry experts will be in attendance to speak at European Blockchain Convention 9 including leaders from Nansen, Fidelity, Fabric Ventures, Animoca Brands, Banco Santander, Algorand, BBVA, Coinbase, Fireblocks, BNP Paribas, Volkswagen, Binance and Galaxy Digital, to name a few. Victoria Gago, co-founder of European Blockchain Convention, said: “We have seen an extraordinary increase in registrations and interest from exhibitors after the overwhelmingly positive feedback from our previous edition. Building on that momentum, we are moving EBC9 to Fira Barcelona, a much larger venue. As the largest convention centre in Spain, it offers ample space for exhibitors and more engaging experiences.” “We are extremely excited to bring together the worlds of TradFi, digital assets and web3,” shared fellow co-founder Daniel Salmeron. “The participation of so many traditional banks and financial institutions demonstrates their commitment and optimism about the future of crypto and digital assets.” European Blockchain Convention 9 will incorporate a diverse agenda that addresses regulatory challenges, CBDCs, privacy, the institutionalization of crypto, DeFi, sustainability, tokenization, and the ascent of AI. In addition to panel discussions and workshops hosted across three stages, the program includes: 3,000 sqm exhibition area AMA stage sessions with speakers 5 themed networking lounges 1-to-1 meeting area Investor meetup NFT art gallery For the second time, EBC will host its Start-up Battle, where the 50 most-promising european blockchain start-ups will pitch their ideas to the audience. At the top of the side event list, there will be a Hackathon where 200+ hackers, 30+ mentors and 20 teams are expected to participate in a 48 hours hackathon. To learn more about European Blockchain Convention, visit eblockchainconvention.com. About European Blockchain Convention Launched in 2018, European Blockchain Convention is the most influential blockchain event in Europe, connecting industry professionals, startups, and technology leaders. The event provides a platform for sharing insights, fostering collaborations, and exploring the vast potential of blockchain, crypto, and digital assets. Contacts Aleix Moreno Telesforo [email protected] +34 659 36 46 23