🔼 Users of the decentralized betting platform Polymarket are almost certain that Bitcoin will hit the $100,000 level in 2024. The probability of this happening is estimated at 94%.
BTC is currently priced at $99.2K. It looks like we might hit $100K as early as soon👀
🛍 45 percent of respondents in a recent survey by financial giant Charles Schwab stated that they plan to invest in cryptocurrencies through ETFs. This figure surpasses the results for bonds, real assets, and alternatives.
So the future for coins looks promising.
⚠️ Binance urged users to withdraw the previously delisted tokens VAI, TORN, OMG, WAVES, XEM, BOND, DOCK, MDX, POLS, PURSE.
❌ Withdrawals will be closed on the 28th, followed by a snapshot, and by April 28, 2025, the tokens will be converted to USDC.
🔥 The new SEC chairman could be Dan Gallagher, Chief Legal Officer of Robinhood. Rumor has it that Donald Trump is considering this candidate if he wins the 2024 presidential election.
He advocates for clearer and more favorable regulations for the digital asset industry. Bullish!
🥸 Wall Street experts predict that an ETF for the meme token SHIB may be launched in the near future.
‼️ Binance will add a pop-up risk warning for 10 tokens
Binance has announced that trading the 10 tokens listed below will now be accompanied by a pop-up warning about the risks of trading them for users.
This is due to the fact that over the past year and a half, the teams behind these tokens have significantly deviated from the originally planned tokenomics of their projects, particularly by substantially increasing the token supply.
▫️Travala (AV)
▫️Chiliz (CHZ)
▫️Enjin Coin (ENJ)
▫️IOTA (IOTA)
▫️Lisk (LSK)
▫️Metal DAO (MTL)
▫️Orion (ORN)
▫️Self Chain (SLF)
▫️Solar (SXP)
▫️Vanar Chain (VANRY)
Tokenomics refers to the economic model of a token that considers the interests of project participants, including the team, investors, and users.
Typically, it includes the mechanism and schedule for coin distribution.
🥸 The Hamster Kombat token has dropped by 40% since it started trading on exchanges
The price of the HMSTR token has mostly declined since its debut on exchanges on September 26.
Other major coins on the TON blockchain are showing varied performance.
📌 Toncoin (TON) has increased by 10% over the past month, while Notcoin (NOT) grew by 20% just in the last week.
📌 The Catizen (CATI) game token and the DOGS token have both fallen by an average of 30% since their listing on exchanges.
🔥 The listing of EIGEN from the largest restaking protocol EigenLayer has taken place on major exchanges.
On Binance, the asset is trading around $4.09.
✔️ Justin Sun claimed 5.24 million EIGEN tokens from EigenLayer across 5 addresses, with a total value of $21.5 million, and transferred all the coins to his HTX exchange within the first 20 minutes after the listing!
🔝 Top 5 Current Trends in the Crypto Market
When building a portfolio, it's important to first develop a strategy for selecting cryptocurrencies. A good option is to follow current trends.
Here’s what’s popular right now:
📌 AI is becoming a key element in blockchain, accelerating automation. In the future, AI could even trade on your behalf and generate profit.
Keep in mind that this trend is filled with many empty projects that have simply added "AI" to their descriptions.
📌 RWA (tokenized assets) open up investment opportunities for the Web2 community and add liquidity to the market.
BlackRock and JPMorgan are already involved in tokenization. Which blockchains they will choose to implement their plans is the question.
📌 DePin – networks that use blockchain to power real-world infrastructure, primarily challenging cloud giants like Amazon, Google, and Microsoft.
Blockchain offers certain advantages over centralized services, but issues of accessibility, reliability, and competitiveness still need to be addressed.
📌 TON – Telegram’s cryptocurrency ecosystem is gaining momentum, as more apps and protocols with people and liquidity are being created.
Let’s just hope
🔮 Analysts at 10xResearch, based on their own research, predict that Bitcoin will reach $70,000 in the next two weeks, and by the end of October, it may hit a new all-time high🔼
