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VeChain (VET) has begun rallying after its recent listing on Binance. The token made gains of up to 9.4%, while its offspring, VeThor (VTHO), made gains of up to 73.9%. VTHO is currently one of the best-performing digital assets. 🥳 #VeChain $VET is +9.4% and #VeThor $VTHO is +73.9% since their @coinbase listing news hit a bit over 1 day ago. As the top two current trending assets in #crypto, $VTHO is understandably taking volume from $VET as its gains have been far more notable. https://t.co/UQHo9JCa4r pic.twitter.com/Lw8ZK7kr1P — Santiment (@santimentfeed) September 14, 2023 Also Read: VeChain: VET Rises 7% After Being Listed on Coinbase Along with its price, other on-chain metrics have also begun to spike for VET . As per DeFiLlama, VeChain ’s ( VET ) volume saw its most significant spike since February of this year after the Binance listing. However, the project’s TVL (Total Value Locked) remains on a downward trajectory in terms of VET and USD...

New data from crypto analytics firm Santiment reveals that digital assets are hinting at rallies despite market conditions being rife with uncertainty. According to Santiment, “bear market” mentions on social media platforms heavily outweigh those of a bull market, causing the spread of fear, uncertainty and doubt (FUD). However, the market intelligence firm says that periods following increased FUD tend to lead to a bump in prices for crypto assets. “With crypto markets continuing its unpredictability, we have seen a big uptick in bearish takes by the crowd here in September. Historically, this is a good thing for patient traders. Probability of price bounces rise after FUD becomes the majority.” Source: Santiment/X Looking at Bitcoin, Santiment says that traders should keep an eye on BTC‘s supply on exchanges, which has seen a notable uptick in the past weeks. “Bitcoin has enjoyed a slight 2% price jump, returning back to $26,300 for the fir...

Three altcoins could suffer price dips due to upcoming FTX liquidations, according to the crypto analytics firm Messari. Messari notes that FTX and Alameda hold $37 million worth of top meme asset Dogecoin (DOGE), $33 million worth of blockchain-based operating system Tron (TRX) and $22 million worth of the scaling solution Polygon (MATIC). “The relevant figure isn’t the absolute value of the tokens held, but rather their amount relative to each asset’s actively traded volume. For example, FTX/Alameda’s BTC holdings ($353 million) are roughly 1% of BTC’s weekly traded volume, meaning the market can absorb much of the selling, and the same goes for ETH.” However, for DOGE, TRX, and MATIC, which are far less liquid, the $20~$30 million FTX holds represents 6-12% of weekly volumes and can have a much higher impact on the market.” Source: Messari/X DOGE is trading at $0.0613 at time of writing. The 9th-ranked crypto asset by...

Ripple CEO Brad Garlinghouse says that the United States is one of the worst regions for crypto companies as his company has been struggling with the country’s SEC. Garlinghouse discouraged crypto startups and investors from launching in the US at a Token 2049 panel in Singapore.  Brad Garlinghouse, the CEO of Ripple, calls the U.S. the worst nation for startups to launch. Garlinghouse says the U.S. should consider implementing #crypto policies from Singapore, the U.K., the UAE and Switzerland. — DeFi UnCut (@DefiUncut) September 13, 2023 Moreover, he added that the US should learn from Singapore, the U.K., the UAE and Switzerland to become a crypto -friendly hub.  You might also like: Garlinghouse asserts XRP’s position amid SEC legal tangle According to a report on Sept. 6, the investment migration company Henley and Partners ranks Singapore, the UAE, Hong Kong, and Switzerland as the most crypto-friendly regions for their tax policies, adoption rate and techn...

As per the reports, The ‘Investment Association’ of the UK has urged the government and banking regulatory authorities to authorise blockchain-traded funds (BTF). BTF uses digital tokens instead of traditional shares. On June 7, 2022, the association published a 32-page brochure named “Investing for The Future” on its official website. The UK government has eased certain regulations for Cryptocurrency this year. Keeping this in mind, the trade group wants the government to create a new class of funds that use blockchain technology which will substitute traditional shares. There will be the formation of a task group which will investigate how the distributed ledger technology will aid the development of new goods and services. Buy Bitcoin Now Your capital is at risk.  What is BTF? A blockchain traded fund (BTF) comprising of Bitcoin or assets linked to the price of various cryptos is known as a Bitcoin ETF or BTF. Instead of a cryptocurrency exch...

Shibarium RPC Full Node Deployed Per the announcement, Shibarium RPC Full Node has been deployed and delivered by NOWNodes.  advertisement This node is a development tool that is aimed at helping developers and other crypto enterprises to create and build on the Shibarium Layer-2 scaling protocol without any limits. Precisely, the Shibarium RPC Full Node offers developers shared access and remove rate limits to enable them to develop on Shibarium seamlessly.  As part of the offering, there is an RPC Endpoint access through an API key, backed by four layers of protection and deployed backups for additional security. With the development tool already in the works, NOWNodes plans to move forward with other collaborations especially those who are interested in getting on board Shibarium like Tangem . Notably, Tangem has been a core supporter of Shiba Inu (SHIB) and together, both entities have continually offered their users security and accessibility. Last m...

On-chain data provider Santiment reported: “Ethereum experienced a drop to $1,540, a price level not seen since March 12th. During this period, a significant amount of dormant ETH moved from older wallets. This decrease in the average age of ETH holdings while prices are declining is indicative of capitulation, often signaling potential reversals in the market”. advertisement Courtesy: Santiment On the downside, the major support levels for ETH to watch for are $1,550 and $1,370. These are the key support levels where the probabilities of bounce back are higher. As of press time, the ETH price did bounce back from the first support zone and is trading at $1,579 with a market cap of $189 billion. On the other hand, if the BTC price continues to fall, the Ethereum price can fall further to $1,407. Recommended Articles Crypto Presale Projects For 2023 To Invest; Upd...

According to reports, Meta is currently in the development phase of a forthcoming AI model. This project is anticipated to emerge as a more powerful opponent to OpenAI’s GPT-4 language model. The model is slated for completion by next year. Additionally, Meta will potentially commence its training as early as the beginning of 2024. It is worth mentioning that Meta has previously entered the AI arena, having introduced Llama 2, an AI system, about two months ago. Nevertheless, the upcoming AI model is projected to surpass its current offering by a significant margin. It is predicted to launch with expectations that it will be “several times” more potent. This forthcoming model will assist companies in crafting advanced text Analysis and other related services. Additionally, the company has been in the process of constructing data centers. These will aid the development of such a sophisticated system. Simultaneously, Meta has been increasing its procurement of Nvid...

Shibarium, the layer 2 protocol of Shiba Inu [SHIB], was expected to emerge as the beacon of light for the assets’ recovery in 2023. On the contrary, Shibarium has been thriving while Shiba Inu has been in a slump. However, there is potential for them to synergize in the near future. This Layer 2 protocol gained significant attention after achieving a notable milestone in its transaction activity. Shibarium ’s scanner revealed that during the weekend, the platform registered a remarkable 177,000 transactions. This surge in activity marks a significant increase compared to Shibarium ’s previous peak, which was consistently around 130,000 transactions. However, currently, the number of daily transactions is 168.15K. Source The recent upsurge has contributed to the overall transaction count, which now stands at 1,902,264. It won’t be long before this figure hits the next milestone of 2 million. Additionally, the total number of wallet addresses currently stands ...

It would appear that early investors in Axie Infinity are switching their attention to the IBAT token being issued by Battle Infinity. The DEX public launch has seen the same level of interest in the token as the presale. Investors in Axie Infinity think P2E ecosystem IBAT has the potential to replicate the massive success of Axie Infinity in 2020 and 2021. Therefore, they are prepared to acquire IBAT before its price skyrockets and hope to get in on the ground floor. In case you’re curious, here are 5 reasons why Axie Infinity investors are parking their funds in IBAT and you should too. Rapid Pre-Sale Sell-Out As a further indicator of the high demand for the project, the presale of IBAT was completely subscribed in record time, which has attracted many early investors from Axie Infinity. In just 24 days, the IBAT presale raised 16,500 BNB, or almost USD 5 million. Although the presale was scheduled to last 90 days, all tickets were purchased 66 days early. To give ...