Today's Crypto and Bitcoin News
Get the latest updates on Bitcoin, altcoins, blockchain, Web3, cryptocurrency prices, DeFi, and more.
MicroStrategy Eyes Trillion-Dollar Valuation, WLFI Token Sale Approaches, and Bitcoin Search Volume Drops to Yearly Low: Oct 14
Last Friday, the U.S. Producer Price Index (PPI) for September remained flat compared to the previous month, easing concerns triggered by the Consumer Price Index (CPI). This relief sparked gains in both U.S. stocks and the crypto market over the weekend. As we move through this week, there are no significant macroeconomic data releases on the horizon. However, the market will closely watch earnings reports from tech giants TSMC and ASML, which could provide fresh insights into AI developments. In today’s roundup of crypto news, MicroStrategy sets its sights on a trillion-dollar valuation as part of its plan to become the world’s leading bitcoin bank. Paradigm invests $20 million in a Layer 2 blockchain project, while Arkham prepares for the launch of a crypto derivatives exchange. Bitcoin search volumes have hit their lowest point since the FTX collapse, reflecting waning retail interest, while World Liberty Financial (backed by the Trump family) gears up for its WLFI token sale. Additionally, a massive phishing attack results in a crypto whale losing $35 million, and China’s upcoming fiscal stimulus announcement could bring fresh volatility to the market. The crypto market remains in neutral territory today, with the Crypto Fear & Greed Index slightly decreasing from 50 to 48. Bitcoin (BTC) has shown positive momentum, trading above $63,800, up by over 2% in the past 24 hours. Despite recent fluctuations, the overall market sentiment remains steady. Quick Market Updates Prices (UTC+8 8:00): BTC: $64,359, +2.90%, ETH: $2,531, +3.16% 24-hour Long/Short Ratio: 57.775%/42.25.8% Today’s Fear and Greed Index: 48 (24 hours ago: 50), indicating neutral sentiment Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change BRETT/USDT +13.80% WLD/USDT +9.58% ENA/USDT +6.64% Trade now on KuCoin Industry Highlights The probability of a 25-basis-point rate cut by the U.S. Federal Reserve in November is now at 95.6%, with just a 4.4% chance of no rate cut. On Polymarket, Donald Trump’s chances of winning the U.S. election have risen to 54.9%, 10 percentage points higher than Kamala Harris. Google searches for Bitcoin have dropped to their lowest levels since the FTX collapse, reflecting declining retail interest. SpaceX’s “Starship” successfully ignited and launched, marking a significant milestone for space exploration. MicroStrategy Targets Trillion-Dollar Valuation in Bitcoin Bank Endgame Michael Saylor, CEO of MicroStrategy, revealed his vision for the company to become the world’s leading bitcoin bank, projecting a potential trillion-dollar valuation. Saylor believes Bitcoin, currently making up just 0.1% of global financial capital, could rise to 7% by 2045, pushing its price to $13 million. Saylor also highlighted the firm’s strategy of leveraging capital markets to arbitrage between debt and Bitcoin, predicting that the cryptocurrency will grow at an average of 29% annually. MicroStrategy now holds 252,220 BTC, valued at over $15 billion. "We just keep buying more. Bitcoin is going to go to millions a coin, you know, and then we create a trillion-dollar company," Saylor remarked. Read more: MicroStrategy's Bitcoin Holdings and Purchase History: A Strategic Overview China’s Fiscal Stimulus Announcement Could Impact Bitcoin China is set to announce new fiscal stimulus measures this Saturday, which could have a ripple effect on global financial markets, including crypto. Analysts predict that the announcement could bring increased volatility in Bitcoin prices, especially if the stimulus is more aggressive than expected. "Easing monetary and fiscal conditions puts a bid under risk assets, and crypto is likely to benefit," said Alex Tapscott, Managing Director of Digital Asset Group. ‘Bitcoin’ Search Volume Drops to a Yearly Low, While ‘Memecoin’ Surges Search interest for Bitcoin drops | Source: Google Trends Google search volumes for the term “Bitcoin” reached a yearly low during the week of October 12, 2024, with interest dropping to 33 out of 100. Meanwhile, memecoins saw a surge in popularity, with a search volume of 77 out of 100 during the same period. According to CryptoQuant CEO Ki Young Ju, search volume for memecoins could reclaim its previous all-time high by the end of October as market interest in these assets remains high. Memecoins have been the top-performing digital asset sector in 2024, driven by new token creation on Solana, Tron, and most recently, Sui. The Sui memecoin space is among the most trending, following Solana memecoins and Tron memecoins in the crypto market lately. On October 9, nearly 20,000 new tokens were minted on the Solana network within 24 hours, many of which were memecoins. The memecoin craze on Solana has been fueled by platforms like Pump.Fun, which provide quick liquidity and low transaction fees on decentralized exchanges like Raydium. Read more: Memecoins Surge, Upbit Under Fire for Monopoly Concerns, and More: Oct 11 World Liberty Financial to Launch WLFI Token Public Sale Source: Donald Trump on X World Liberty Financial (WLF), a DeFi project backed by former President Donald Trump and his family, will launch the public sale of its WLFI tokens on October 15. The project, which opened its whitelist in late September, aims to raise $300 million by selling 20% of its token supply at a $1.5 billion valuation. WLF plans to launch a version of the DeFi lending platform Aave on Ethereum and Layer 2 network Scroll, allowing users to lend and borrow assets like Bitcoin, Ether, and stablecoins. The Trump family’s involvement has drawn both support and criticism from the crypto community. Read more: Top PolitiFi Coins to Watch in 2024 Uniswap’s New Layer 2 Blockchain Unichain Could Generate $468M Annually for UNI Holders UNI/USDT price chart | Source: KuCoin Uniswap Labs has launched its new Layer 2 blockchain, Unichain, which could bring in nearly $500 million annually for UNI token holders by redirecting fees that would have previously gone to Ethereum validators. The move allows Uniswap to capture $368 million in transaction fees and up to $100 million in Maximum Extractable Value (MEV), boosting the potential earnings of both tokenholders and liquidity providers through staking. However, Ethereum holders are expected to lose out due to fewer fees being burned on Ethereum, as Unichain redirects revenue to Uniswap’s ecosystem. Launched on October 10, Unichain aims to provide faster, cheaper transactions and improved interoperability across blockchain networks. While met with mixed reactions, the move is a significant step for Uniswap as it strengthens its position in the DeFi sector. Conclusion In conclusion, the crypto market continues to navigate a landscape marked by macroeconomic factors, shifting regulatory frameworks, and evolving technological advancements. MicroStrategy’s ambitious goal to become a trillion-dollar bitcoin bank underscores the growing institutional belief in Bitcoin’s potential, while World Liberty Financial’s upcoming token sale highlights the expanding influence of high-profile figures in the DeFi space. Despite the dip in Bitcoin search volume to a yearly low, the surge in memecoin interest shows that certain sectors of the crypto market remain highly active and speculative. As China’s fiscal stimulus announcement looms, market participants will be watching closely for any impact on Bitcoin and broader market volatility. As always, investors should remain cautious in navigating both opportunities and risks in this dynamic market.
Puffer Finance Airdrop Starts on October 14, 2024: Listing Date, Eligibility, and More
Puffer Finance is making waves in the decentralized finance (DeFi) space with its upcoming airdrop and expanded token utility. The platform has announced the launch of its governance token, $PUFFER, with new features aimed at increasing community engagement. Alongside this, Puffer Finance will distribute a significant portion of its tokens to early adopters and participants in the DeFi ecosystem through an airdrop. Quick Take The Puffer Finance airdrop will run from October 14, 2024, to January 14, 2025, allowing ample time for participants to claim their tokens. A total of 13% of the $PUFFER token supply has been allocated for the airdrop, rewarding early adopters and active community members. Puffer Finance has introduced a governance model where users can stake $PUFFER tokens to receive vePUFFER, giving them voting power in protocol decisions. 40% of the total token supply is dedicated to community incentives and ecosystem development, ensuring continuous growth and engagement. Puffer Finance is a decentralized finance (DeFi) platform focused on liquid restaking and Ethereum-based rollup solutions. Its airdrop distributes 13% of the $PUFFER token supply to early adopters and community members, offering them governance power and the opportunity to participate in key decisions within the platform. This move highlights Puffer Finance's commitment to decentralization and community-driven growth. Read more: Top Liquid Restaking Protocols of 2024 All About the Puffer Finance ($PUFFER) Airdrop According to an official announcement shared on X, Puffer Finance will launch its airdrop campaign, starting October 14, 2024 and running through to January 14, 2025. This airdrop allocates 13% of the total supply of $PUFFER tokens, rewarding early adopters and those who have actively participated in Puffer’s ecosystem. Participants from the first season, known as the “Crunchy Carrot Quest,” already received 7.5% of the token supply. With Season 2, another 5.5% of the supply will be distributed. Puffer Finance Airdrop Timeline: Key Dates to Know Snapshot for Season 1 Airdrop: October 5, 2024 Season 1 Airdrop Start Date: October 14, 2024 Airdrop End Date: January 14, 2025 Total $PUFFER Token Supply: 1 Billion Airdrop Allocation: 13% of total supply Who Is Eligible for the $PUFFER Airdrop? Eligibility for the Puffer Finance airdrop is based on the following criteria: Early Adopters: Users who have interacted with the Puffer Finance ecosystem before certain key dates, such as participating in early staking programs or governance activities, are eligible for the airdrop. Participants in the "Crunchy Carrot Quest": Those who took part in Puffer Finance’s "Crunchy Carrot Quest" Season 1, which involved completing specific tasks and activities, are eligible for a portion of the airdrop. Community Engagement: Active members of the Puffer Finance community, including those who contributed to the development or promotion of the platform, may also qualify. Snapshot Criteria: A snapshot of eligible wallets was taken on October 1, 2024. Wallets that met the interaction and holding criteria at the time of the snapshot are eligible for the airdrop. Ethereum Supporters: A small portion of the airdrop has been allocated to those who support Ethereum’s core development, as Puffer Finance has earmarked 1% of the token supply for the Ethereum network. These eligibility criteria may vary slightly depending on announcements from Puffer Finance, so it is essential to check the official website and channels for the most up-to-date information. How to Participate in and Claim Puffer Finance Airdrop To claim the Puffer Finance airdrop, follow these steps: Check Eligibility: Ensure that you meet the criteria for the airdrop. Eligibility is often based on early adoption, activity within the Puffer Finance ecosystem, or participation in specific events like the "Crunchy Carrot Quest." Visit the Official Puffer Finance Website: Go to the official Puffer Finance airdrop claim page, which will be accessible through their website or official social media channels. Be sure to use only trusted links to avoid phishing scams. Connect Your Wallet: You’ll need to connect a compatible cryptocurrency wallet, such as MetaMask, to the Puffer Finance claim page. Ensure your wallet supports Ethereum or other required networks. Claim Your Tokens: If you're eligible, you will see the number of $PUFFER tokens available for you to claim. Simply click the "Claim" button and follow the on-screen instructions. Confirm the Transaction: Once you initiate the claim, confirm the transaction in your wallet. Be prepared to pay a small gas fee, as is typical with Ethereum-based transactions. Receive Your Tokens: After confirming, your $PUFFER tokens will be sent to your connected wallet. Important Notes The airdrop claim period runs from October 14, 2024, to January 14, 2025, so ensure you claim your tokens within this time frame. Only use the official Puffer Finance website and channels to avoid scams or phishing attempts. Verify your wallet's security before connecting it to any third-party site. Puffer Finance (PUFFER) Tokenomics Breakdown Source: Puffer Finance blog The $PUFFER token has a capped supply of 1 billion tokens. Of this, 40% is reserved for community initiatives and ecosystem development. Another 20% is allocated for early contributors and advisors, with a three-year vesting schedule to ensure long-term dedication to the project. Additionally, 1% of the supply is set aside for Ethereum core development, showcasing Puffer’s commitment to supporting the Ethereum network. While this may seem like a small percentage, it plays a significant role in the platform’s long-term goal of advancing Ethereum’s infrastructure. Governance and Voting Power: Stake PUFFER, Earn vePUFFER Puffer Finance has introduced a governance model that allows its community to have a direct say in the platform’s decisions. By staking $PUFFER tokens, users can earn vePUFFER tokens, which grant voting power within the ecosystem. This governance model ensures that the community has a voice in shaping the future of Puffer. Puffer's governance process is built on trust and transparency, empowering users to participate in key decisions and helping the platform align with Ethereum’s decentralized principles. Puffer Finance Expands Utility to Liquid Restaking and Rollups Puffer Finance initially gained recognition with its liquid staking token, Puffer LST. However, the platform has expanded its offerings to include liquid restaking services through EigenLayer. Puffer’s liquid restaking feature allows users to maximize their staking potential while contributing to network security. In addition, Puffer Finance is developing UniFi, a rollup solution designed to enhance transaction sequencing on Ethereum. UniFi AVS, another innovative product in the pipeline, will offer a pre-confirmation service, allowing faster and more efficient rollups. Together, these products are set to improve the scalability and efficiency of Ethereum’s network. Read more: What Is EigenLayer? Ethereum’s Restaking Solution The Future of Puffer Finance With the $PUFFER token launch and the expanded suite of products, Puffer Finance is positioning itself as a key player in the Ethereum ecosystem. The governance model, combined with the platform’s focus on liquid restaking and rollups, ensures that Puffer is aligned with the principles of decentralization. The airdrop campaign will continue to draw attention, as community members can claim their tokens and engage with the platform’s governance structure. As Puffer Finance continues to grow, its community will play a crucial role in guiding its future developments. Conclusion Puffer Finance’s expanded token utility and governance model signals a new phase for the platform. With the upcoming airdrop and community-driven initiatives, Puffer aims to enhance its presence in the DeFi space while contributing to Ethereum's decentralization efforts. The $PUFFER token will offer rewards to early adopters and enable the community to participate in key platform decisions. As Puffer Finance progresses with its airdrop and new developments, it is positioned to grow within the decentralized ecosystem. However, participants should carefully assess potential risks, including market volatility and changes in token value, before engaging with the platform. Read more: Puffer (PUFFER) Gets Listed on KuCoin! World Premiere!
Memecoins Surge, Upbit Under Fire for Monopoly Concerns, and More: Oct 11
In today’s whirlwind of crypto news, the major South Korean exchange, Upbit is in the spotlight as local regulators launch a monopoly investigation, headlines today's Daily on Crypto Brew. U.S. Representative Tom Emmer is calling the recent overturn of the Chevron doctrine, which he implies won't have much impact in the crypto space unless Congress steps in. Furthermore, OpenAI has officially fired back at Elon Musk in a legal filing, accusing the tech mogul of harassment. The crypto market showed fearful sentiments today as major coins experienced price small decreases. The Crypto Fear & Greed Index decreased from 39 to 32 today leaning more towards the ‘fear’ zone. Bitcoin (BTC) remains volatile this week and has dipped below 60,000 today. Quick Market Updates Prices (UTC+8 8:00): BTC: $60,319, -0.53%, ETH: $2,386, +0.67% 24-hour Long/Short Ratio: 48.2%/51.8% Yesterday’s Fear and Greed Index: 32 (24 hours ago: 39), indicating fear Crypto Fear and Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change UNI/USDT +11.42% POPCAT/USDT +10.14% WIF/USDT +6.72% Trade now on KuCoin Industry Highlights for October 11, 2024 US Inflation Surges: September’s Consumer Price Index (CPI) climbed 2.4% year-over-year, outpacing market expectations, while core CPI hit 3.3%, slightly higher than the predicted 3.2%. Jobless Claims Spike: Initial jobless claims in the U.S. reached 258,000 last week, exceeding forecasts and signaling potential shifts in the labor market. Fed Officials Unfazed: Despite rising inflation, several Federal Reserve officials expressed little concern over September’s CPI data. Fed’s Raphael Bostic remains open to the idea of holding off on a rate cut in November. Bitcoin ETF Insight: Glassnode reveals that the cost basis for Bitcoin ETFs from heavyweights like BlackRock and Fidelity ranges between $54,900 and $59,100. Mt. Gox Delay: The long-awaited compensation process for Mt. Gox creditors have been extended by another year, with a new deadline set for October 31, 2025. Puffer Finance Airdrop: Ethereum’s re-staking protocol, Puffer Finance, will release its airdrop, available for claiming on October 14. Fidelity’s Next Move: Fidelity is gearing up to launch a blockchain money market fund, further expanding its presence in the crypto financial space. Crypto heat map | Source: Coin360 Upbit Under Fire for Monopoly Concerns South Korea’s Financial Services Commission (FSC) is investigating the country’s largest crypto exchange, Upbit, for potential monopoly practices. During a parliamentary audit, lawmaker Lee Kang-il raised concerns about Upbit’s relationship with online bank K-Bank, pointing out the significant portion of K-Bank's deposits tied to Upbit. This connection, he warned, could pose a bank run risk. FSC Chairman Kim Byung-hwan confirmed the commission's awareness of the issue, stating they would assess Upbit’s dominance under the new Electronic Financial Transaction Act, implemented in mid-September. Memecoins Surge on Ethereum, Solana, and SUI Amid a Growing Supercycle Narrative Memecoins are experiencing a surge of momentum across multiple blockchains, hinting at the possibility of a memecoin supercycle—a phase marked by explosive price increases driven by speculative trading, social media hype, and community-driven support. One notable example is the Solana-based memecoin MARU, which saw a 120% increase in 24 hours, pushing its value to $0.002663. MARU, inspired by the viral MARU CAT, a Guinness World Record-holding feline, has also gained attention for its charitable donations to the Variety Autism Children’s Project, drawing recognition from Own The Doge, the originator of Dogecoin. Beyond Solana, memecoins on Ethereum and Sui are also gaining traction. On Ethereum, MOODENG, a memecoin inspired by a viral baby pygmy hippo, surged 480% following a charitable sale of tokens by Ethereum co-founder Vitalik Buterin. The sale raised $181,000 for anti-airborne disease research, showcasing how celebrity involvement can rapidly influence the memecoin market. Sui has also seen significant activity, with its own meme tokens like Sudeng rising to a $150 million market cap, contributing to the growing belief in a potential memecoin supercycle. Read more: Top Sui Memecoins to Watch in 2024-25 The Memecoin Supercycle: FOMO, Hype, and Community Engagement The growing influence of social media, speculative trading, and retail participation are key factors driving this potential memecoin supercycle. Memecoins like MARU thrive in this environment as communities rally around internet jokes and cultural icons. This has led to a surge in interest and trading activity across blockchains like Ethereum, Solana, and SUI, where meme tokens are gaining prominence. Social media platforms such as X (formerly Twitter) and Reddit play a pivotal role in spreading awareness, creating viral moments, and encouraging retail traders to jump in on the action. The rise of MARU is emblematic of how new memecoins can capture the market’s attention through a blend of virality and community engagement, a pattern seen in other tokens like Dogecoin and Shiba Inu during previous memecoin cycles. This dynamic, coupled with speculative trading strategies, helps fuel the rapid appreciation of these tokens, resulting in massive gains for early investors. However, it also brings with it the risks of volatility and short-term sustainability, as market sentiment can shift quickly. Celebrity Endorsements and Charitable Contributions: Fuel for the Fire Another key factor contributing to the recent success of memecoins like MARU is the involvement of high-profile figures and charitable efforts. MARU has gained additional visibility through its partnerships and donations, similar to how Dogecoin benefited from Elon Musk’s tweets. These efforts create a narrative that draws in both crypto enthusiasts and casual investors alike, further driving speculative interest and price momentum. As the concept of a memecoin supercycle continues to develop, traders are keeping a close eye on these emerging projects across blockchains, ready to capitalize on the next wave of viral growth. However, while the potential for short-term gains is enticing, the inherent risks and volatility in the memecoin market remain a crucial consideration for both new and experienced investors alike. Bitcoin’s Price Slump and Exchange Inflows In the past 72 hours, over 63,000 BTC—valued at nearly $1.83 billion—was sent to crypto exchanges, raising eyebrows across the market. Although high exchange inflows don’t always mean immediate selling pressure, the sheer volume suggests investors could be preparing to liquidate. As Bitcoin struggled this week, falling from $64,000 to $62,000 and breaking below its 200-day exponential moving average, analysts are split on where the price will head next. Some believe Bitcoin could drop below $50,000 before rebounding, while others think a rally above $60,000 is essential to reignite investor interest. Current BTC price action. Source: TradingView The Bitcoin price slump this week has been driven by a combination of macroeconomic factors and internal market movements. After starting the week at over $64,000, Bitcoin experienced a steady decline, falling to around $62,000 by October 7. The downward trend continued, and by October 10, it had slipped below its 200-day exponential moving average (EMA), which is a key technical indicator used to gauge market momentum and trend direction. Breaking below this level is often seen as a bearish signal, indicating that selling pressure could intensify. Factors Contributing to BTC Price Slump Bitcoin's price is often influenced by global economic conditions, and this week was no exception. Investors were digesting higher-than-expected inflation data in the U.S., which showed that inflation remains stubbornly high, adding uncertainty about the Federal Reserve’s future monetary policy. Rising inflation typically leads to concerns about potential interest rate hikes, which can reduce liquidity in riskier assets like Bitcoin. In the United States, jobless claims increased, adding to fears that the economy was indeed slowing, a factor contributing to negative action in the cryptocurrency market. While some look to Bitcoin as an inflation hedge, economic uncertainty makes investors flee to the safety of less volatile assets, at least for the short term. CryptoQuant's Bitcoin Exchange Inflows Data showed that upwards of 63,000 BTC were sent to crypto exchanges between October 7 and October 9, worth about $1.83 billion. This may be an early warning sign of potential sell-offs as investors always move their holdings from cold storage to exchanges if they decide to sell. The significant increase in inflows brings concerns that further selling pressure might still be upcoming, as there would be additional downward pressure on the price of Bitcoin. Bitcoin has been caught within a sideways trading range for several months, denying the cryptocurrency an upward trajectory back toward its all-time high of roughly $74,000 reached in March 2024. The more prices do not rise, the less confident some investors will become that a rally could take place anytime soon, which could lead to further sell-offs in the market. Besides, falling below the 200-day EMA will make many traders and institutions turn bearish, which may even further dampen market sentiment. The possible sale of over 69,000 BTC by the U.S. government-seized in the aftermath of the Silk Road raid-has also added to the bearish ambiance. In such a case, investors are afraid that it would lead to a highly supply-heavy market of Bitcoin, which would push down the price further. While the Bitcoin has not moved, the looming uncertainty continues to affect market sentiment. Bitcoin exchange inflow. Source: CryptoQuant In summary, the Bitcoin price slump is being driven by a combination of external economic factors, technical market signals, and concerns over potential large-scale sell-offs. While some analysts believe that Bitcoin could experience further declines before finding a new support level, others are waiting for the price to break above key resistance points to reignite bullish momentum. Silk Road’s Bitcoin Casts Shadows on the Crypto Market Adding to market jitters, the U.S. Supreme Court has cleared the way for the federal government to sell over 69,000 Bitcoin—seized in the Silk Road raid—after declining to hear a lawsuit that sought to block the sale. This potential influx of BTC into the market has investors on edge, fearing further downward price pressure as the crypto community waits for the government's next move. The confiscated Silk Road holdings. Source: Arkham Intelligence. Conclusion In summary, today’s crypto landscape is shaped by major developments that extend beyond market prices. South Korea's Upbit faces regulatory scrutiny over potential monopolistic practices, raising questions about the power dynamics within the country’s crypto exchange scene. Meanwhile, U.S. Representative Tom Emmer downplays the potential impact of the overturned Chevron doctrine on the crypto industry, emphasizing that real change will only come through legislative action. Lastly, the escalating legal battle between Elon Musk and OpenAI adds another layer of intrigue, with accusations of harassment and business ethics at the forefront. These unfolding events underscore the crypto industry’s evolving relationship with global regulatory frameworks, institutional power, and the broader tech space, where legal and economic challenges continue to shape its future trajectory. Read more: Only 12.7% of Crypto Wallets on Polymarket Make Profits, Satoshi Still a Mystery, BTC Dips, and More: Oct 10
Hamster Kombat Mini Game Puzzle Solution, October 11, 2024
Hello, Hamster Kombat CEO! Did you withdraw your $HMSTR yesterday and trade it for profit? $HMSTR was finally launched on CEXs, including KuCoin, on September 26 after months of hype. $HMSTR is now trading at $0,003924 at the time of writing. Now the game is in its Interlude Season, and your efforts in solving daily challenges to maintain your edge as a Hamster Kombat player will pay off. Hamster Kombat’s mini-game puzzle offers a chance to earn valuable golden keys, with the mining phase ending on September 20, 2024. Quick Take Solve today's Hamster Kombat mini-game puzzle and claim your daily golden key for the day. The $HMSTR token airdrop and TGE event took place on September 26, 2024. $HMSTR token was listed on top centralized exchanges, including KuCoin, on the same day. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, October 11, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Hamster Kombat ($HMSTR) is launched on KuCoin for spot and futures trading. You can deposit $HMSTR with 0 gas fees and start trading the token now! Hamster Kombat’s New Hexa Puzzle Mini-Game to Mine Diamonds In addition to the sliding puzzle, Hamster Kombat has introduced the Hexa Puzzle, a match-based game that allows you to stack tiles on a hexagonal grid and continuously earn Hamster diamonds. It’s a fantastic way to accumulate diamonds ahead of the token launch, with no restrictions. Earn More Diamonds From Games in the Playground The Playground feature offers opportunities to earn valuable diamonds by engaging with partner games. Each game provides up to four diamonds. Here’s how to participate: Select a Game: Choose from 17 available games, including Train Miner, Coin Masters, and Merge Away. Complete Tasks: Play and complete tasks to grab diamonds. Redeem in Hamster Kombat: Enter your key code in Hamster Kombat to boost your earnings in the game. These games are simple, free-to-play, and enhance your earning potential for the upcoming $HMSTR airdrop. Hamster Kombat TGE and Airdrop is Here The highly anticipated $HMSTR token airdrop finally took place yesterday, on September 26, 2024. Previously, the token was available for pre-market trading on platforms such as KuCoin. Yesterday, the token distribution occurred, and users have now received their tokens after months of waiting. Besides, players can now withdraw their tokens to selected CEXs including KuCoin from other TON-based wallets in Telegram. As the airdrop event took place, The Open Network (TON) faced challenges due to a heavy network load caused by the large number of minted tokens generated on the platform. Read more: Hamster Kombat Announces Token Airdrop and Launch on The Open Network for Hamster Kombat Airdrop Task 1 Goes Live: How to Link Your TON Wallet Hamster Kombat Adds Airdrop Allocation Points Feature Ahead of HMSTR Airdrop As per the Hamster Kombat whitepaper, sixty percent of the total token supply will be distributed to eligible players, while the rest will go toward market liquidity and ecosystem growth, ensuring long-term sustainability. Hamster Kombat Welcomes the Interlude Season before the Season 2 Starts The conclusion of Hamster Kombat Season 1 doesn’t mark the end of the game, as players now enter the Interlude Season. This warm-up phase will last a few weeks before the launch of Season 2. During this period, players can focus on farming diamonds, which will provide advantages in the upcoming season. The more diamonds you collect, the greater the benefits in Season 2. The Interlude Season offers a valuable opportunity for players to prepare and get ahead before new challenges and rewards are introduced. Read More: Hamster Kombat Welcomes the Interlude Season Before the Token Airdrop on Conclusion Now that the $HMSTR token has officially launched and the TGE has occurred, you can still stay active in Hamster Kombat’s daily puzzles and Playground games. Continue collecting keys to enhance your rewards and take advantage of ongoing opportunities as you wait for Season 2 to kick off. For more updates and details, bookmark this page and follow KuCoin News. Read more: How to Buy and Sell Hamster Kombat (HMSTR) Tokens: A Comprehensive Guide
TapSwap Daily Video Codes Today, October 10, 2024
TapSwap is revolutionizing the blockchain gaming landscape, providing its 12 million monthly users with exciting opportunities to generate real-world value. TapSwap players can unlock up to 1.6 million coins with daily secret codes obtained through video tasks, boosting their in-game earnings. Get ready for the upcoming airdrop and maximize your daily rewards! Quick Take Earn up to 1.6 million coins by completing daily video tasks. Use today's codes for the videos:.Earn $10,000 With Escape Rooms and Get Your Dream Job. New features like Tappy Town Mode and the SWAP function enhance gameplay and help you prepare for the TapSwap Token Generation Event (TGE). What Is TapSwap Tap-to-Earn Telegram Bot? Tap-to-earn (T2E) Telegram games gained massive popularity in 2024 owing to their simplicity and global accessibility. However, many of these games lack long-term engagement and real value. TapSwap breaks the mold by addressing these challenges head-on. Launched in Q2 2024, TapSwap allows players to earn in-game rewards by screen tapping, completing daily challenges, watching videos, and using secret codes. What makes TapSwap stand out is its innovative "Play-Generate Value-Earn" model, incorporating blockchain technology to offer token rewards with real-world value. TapSwap focuses on long-term sustainability, ensuring that its post-TGE model continues to provide real benefits for its community. Regular updates, new features, and a profit-sharing system are key elements in its strategy to become a lasting force in blockchain gaming. Read more: What Is TapSwap (TAPS)? All About the Viral Telegram Crypto Game Today’s TapSwap Secret Video Codes for October 10 Here are the codes to help you mine 1.6 million coins with today’s TapSwap daily video tasks: Retrodrops: How to Score Big! | Part 1 Answer:No code needed, simply watch the video. Creating GIFs Answer: poteto Fed Rate Cuts | Part 2 Answer: No code needed, simply watch the video. Selling Your Dreams Answer: geforce Earning 1.6M Coins Using TapSwap Secret Video Codes Open the TapSwap Telegram bot. Navigate to the "Task" section and select "Cinema" to watch the task videos. Enter the secret codes in the designated fields after watching. Click "Finish Mission" to claim your rewards. Latest Developments in TapSwap Game TapSwap recently achieved a significant milestone in the tap-to-earn gaming sector with its "Play-Generate Value-Earn" model. The model, designed to allow players to earn real-world value through in-game tasks, successfully completed its first testing phase, engaging 10,000 dedicated users. This system lets you earn rewards not only during airdrops but also through tasks completed before and after the Token Generation Event (TGE). Players’ in-game actions contribute directly to the ecosystem, with rewards that hold real-world value. This model is expected to roll out to a broader audience soon, offering more players the opportunity to benefit from the unique system. An official announcement with details about partner collaborations is expected in the near future. For now, you can explore more about the "Play-Generate Value-Earn" model below. Read more: How to Mine More Coins on TapSwap Telegram Crypto Game Conclusion TapSwap is putting a new spin on tap-to-earn gaming with its "Play-Generate Value-Earn" model, emphasizing long-term value creation. Regular updates, real-world task integration, and a profit-sharing system keep players engaged while fostering sustainable growth. The post-TGE model is set to deliver even greater rewards and deeper community involvement. However, as with any crypto project, always be mindful of the associated risks. Stay updated with the latest developments and video codes to maximize your earnings. Share this guide and use #TapSwap to boost your gains! Read more: TapSwap Daily Video Codes Today, October 9, 2024
X Empire Daily Combo, Riddle, and Rebus of the Day for October 10, 2024
X Empire’s Season 1 airdrop mining phase completed on September 30, 2024, but the fun is far from over! The game’s developers have launched a new Chill Phase, offering players the chance to continue earning in-game coins, with an extra 5% of the token supply up for grabs. The highly anticipated $X airdrop is set for the second half of October. With more than 50 million active users, X Empire remains one of the top 5 Telegram communities globally. Check out today’s Daily Combo, Riddle, and Rebus of the Day’s solutions below to maximize your coin earnings and stay ahead in the game! Quick Take Top Investment Cards for the Daily Combo: Artificial Intelligence, Real Estate in Nigeria, and OnlyFans Models. Riddle of the Day: The answer is “Whale.” Rebus of the Day: The answer is “Hash.” The Chill Phase lets players continue earning in-game coins following the end of the mining phase. X Empire Daily Investment Combo, October 10, 2024 Today’s X Empire top Stock Exchange investment cards are: Artificial Intelligence Real Estate in Nigeria OnlyFans Models Earn More Rewards with X Empire Daily Combo Cards Open the X Empire Telegram mini-app. Go to the "City" tab and select "Investments." Pick your daily stock cards and set your investment amount. Watch your in-game currency grow. Pro Tip: Stock picks refresh daily at 5 AM ET. Check them regularly to maximize your earnings. Strategic investments can greatly enhance your in-game wealth! Read more: What Is Musk Empire Telegram Game and How to Play? X Empire Riddle of the Day for October 10, 2024 The X Empire riddle of the day is: A term for individuals or entities that hold large amounts of cryptocurrency, capable of influencing market prices. Who are they? Today’s answer is “Whale.” Solve it by accessing the "Quests" button at the bottom of your screen and entering the correct answer to earn free in-game cash. Read more: X Empire Mining Phase Ends on October 10: $X Airdrop Coming Next? X Empire Rebus of the Day, October 10, 2024 The answer is “Hash.” Solve this by navigating to the "Quests" section, entering the correct answer, and earning extra in-game cash. Read more: X Empire Launches Pre-Market Trading with NFT Vouchers Ahead of Token Airdrop X Empire Reveals Airdrop Criteria, Adds Chill Phase The X Empire airdrop will reward participants based on two types of criteria: primary and additional. The primary criteria focus on factors like referrals, hourly earnings, and task completions, while the additional criteria include wallet connections, TON transactions, and use of Telegram Premium. During the Chill Phase, players can also earn an extra 5% of the token supply by completing new challenges over the next few weeks. Participation in this phase is optional and does not affect tokens already allocated during the mining phase. Read more: X Empire Airdrop Criteria Revealed: Chill Phase Adds 5% to Token Supply After Season 1 Mining Final $X Tokenomics and Airdrop Information Total Supply: 690 billion $X tokens Miners and Vouchers: 517.5 billion $X (75%) allocated to the community, with no lockups or vesting periods. Chill Phase Allocation: An additional 5% of the supply, now available to players during this new phase. New Users and Future Phases: A total of 172.5 billion $X (25%) has been set aside for onboarding new users, future development, exchange listings, market makers, and team rewards. Additional details regarding the distribution of this portion will be shared at a later time. Related Guide: X Empire Airdrop Guide: How to Earn $X Tokens Conclusion Even though the mining phase ended on September 30, players can still earn in-game coins and boost their rewards during the Chill Phase. With 75% of the token supply still available, it’s a prime opportunity for both new and experienced players to maximize their earnings. Stay active by solving riddles, completing tasks, and making strategic investments. Keep an eye on X Empire’s updates as the $X token launch approaches in October 2024, and remember to stay aware of the risks associated with crypto projects. Keep checking back for daily updates and solutions to X Empire's Daily Combo, Riddle, and Rebus challenges as you prepare for the upcoming airdrop! Read more: X Empire Daily Combo, Riddle, and Rebus of the Day Solutions, October 9, 2024
Only 12.7% of Crypto Wallets on Polymarket Make Profits, Satoshi Still a Mystery, BTC Dips, and More: Oct 10
In today’s crypto news, OpenAI accuses tech mogul Elon Musk of harassment in a heated legal battle, new data reveals that only 12.7% of Polymarket users have made a profit on bets, and HBO’s controversial Bitcoin documentary claims that Peter Todd is the elusive Satoshi Nakamoto. Furthermore, Bitcoin slips below $61K despite Fed’s dovish outlook. The crypto market showed neutral sentiments today as major coins experienced price small decreases. The Crypto Fear & Greed Index decreased from 49 to 39 today leaning more towards the ‘fear’ zone. Bitcoin (BTC) remains volatile this week and has dipped below 60,000 today. Quick Market Updates Prices (UTC+8 8:00): BTC: $60,638, -2.45%, ETH: $2,370, -2.89% 24-Hour Long/Short Ratio: 48.2%/51.8% Fear and Greed Index: 39 (Fear, down from 49) Crypto Fear and Greed Index | Source: Alternative.me Federal Reserve Minutes: A Divided Stance on Rate Cuts The recently published Federal Reserve September minutes have exposed a divide among members regarding the anticipated rate cuts, leaving hopes for a 50 basis point reduction unfulfilled. With employment figures remaining robust, the likelihood of rates being maintained in November has surged, especially as inflation data continues to play a more critical role in shaping the Fed's decisions. Rising inflation might slow the pace of rate cuts, as the market awaits the release of today’s US CPI report. Meanwhile, the dollar continues to strengthen, marking its eighth consecutive day of gains, with the Dow and S&P hitting new record highs. In contrast, the crypto market faced an independent correction—Bitcoin dropped 2.45%, while the ETH/BTC exchange rate saw a slight uptick. Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change ⬆️ SUIA/USDT - 4.25% ⬆️ AIC/USDT +11.41% ⬆️ NEIRO/USDT +7.00% Trade now on KuCoin Industry Highlights for October 10, 2024 Federal Reserve Minutes: While a majority backed a 50 basis point rate cut, this wasn’t viewed as a sign of economic concern or a signal for rapid cuts. SEC Chairman's View on Cryptocurrencies: The SEC Chair expressed doubts that cryptocurrencies will ever reach mainstream currency status. Nigeria’s Financial Boost: The Nigerian government injected $543.5 million into the economy to support the Naira. Brazil’s Stablecoin Release: Bitso, Mercado Bitcoin, and Foxbit have collaborated to launch a stablecoin pegged to the Brazilian Real, known as brl1. Puffer Finance’s Upcoming Tokenomics: The platform is set to release its tokenomics framework in the coming days. Vitalik Buterin: Ethereum’s co-founder has been nominated for the Nobel Prize in Economics, recognized by leading economists for his contributions. Ethereum Foundation Moves: The foundation recently sold another 100 ETH, signaling ongoing shifts within the Ethereum ecosystem. Crypto heat map | Source: Coin360 Elon Musk Accused of Harassment by OpenAI OpenAI, the artificial intelligence powerhouse, has fired back at billionaire Elon Musk, accusing him of harassment in an Oct. 8 court filing. The filing, a motion to dismiss Musk’s lawsuit, claims that Musk is using legal action to intimidate the AI firm after his earlier failed attempts to assert control over the company. Source: X | Gary Marcus Musk originally filed the suit in February, questioning OpenAI’s transition from a nonprofit to a profit-driven model, raising concerns about the ethics behind its sudden pivot. Then in August, Musk filed another lawsuit, accusing OpenAI and its CEO, Sam Altman, of manipulating him through his concerns about AI’s potential existential risks. OpenAI’s response emphasized that while Musk once supported the company, he abandoned the venture when his ambitions to lead it were thwarted. Only 12.7% of Polymarket Users See Profits New data from Layerhub sheds light on the harsh realities of Polymarket, a decentralized prediction market where users place crypto bets on real-world events. Shockingly, just 12.7% of the platform's users have turned a profit. Out of 171,113 crypto wallets analyzed, 149,383 failed to generate returns, leaving only 21,730 wallets in the black. Polymarket wallets by confirmed realized profits. Source: Layerhub Even among the profitable accounts, earnings are modest—fewer than 2,200 wallets earned over $1,000, while the bulk made less than $100. This data underscores the volatile and unpredictable nature of betting markets in the crypto space, where traders often juggle multiple wallets and take on high-risk bets. Read more: Polymarket Hits Record $533M in Volume Amid U.S. Election Hype and Potential Token Launch HBO Documentary Points to Peter Todd Being Bitcoin’s Creator In a bombshell revelation, HBO’s documentary Money Electric: The Bitcoin Mystery points the finger at Peter Todd, a respected Bitcoin core developer, as the mysterious Satoshi Nakamoto, the creator of Bitcoin. The film confronts Todd with what it claims is compelling evidence, including a confrontational moment where Todd sarcastically admits, “Well yeah, I’m Satoshi Nakamoto,” a phrase he often uses to defend the real creator’s anonymity. However, Todd quickly denied the accusations on social media, responding to the film’s release with a blunt “I am not Satoshi.” Despite this, HBO’s documentary continues to stir controversy by suggesting Todd's involvement, citing an old chat log in which he joked about sacrificing his Bitcoin holdings, a move the film interprets as Todd cutting off access to Nakamoto’s alleged $69.4 billion fortune. Source: X | Peter Todd Whether HBO’s claims hold water or not, this documentary has reignited one of crypto’s most enduring mysteries—who is the real Satoshi Nakamoto? Bitcoin Slips Below $61K Despite Fed’s Dovish Outlook The FOMC minutes released on Oct. 9 confirmed a 50 basis point rate cut for this year, but Bitcoin failed to follow equities' rally, remaining in the red. Bitcoin (BTC) extended its losses, slipping below the $61,000 mark despite the Federal Reserve’s dovish tone reflected in the Federal Open Market Committee’s (FOMC) minutes released on October 9. At the time of writing, Bitcoin was trading at $60,935, marking a 2% decline over the last 24 hours. Minutes from the FOMC showed a "substantial majority" of the committee members supported a 50 basis point cut to U.S. interest rates by year's end, which could bring rates to a target range of 4.75%-5.0%. While the minority preferred a more conservative 25 basis point cut, believing that such a rate cut of a larger size would appear premature, the majority thought that a 50-point cut would better reflect recent economic indicators, including inflation trends and the labor market's resiliency. Supporters of the larger cut emphasized its potential to maintain the strength of both the economy and the job market, while continuing progress toward the Fed’s 2% inflation target. Major altcoins followed Bitcoin’s downward trend, with Ethereum (ETH) down 1%, Solana (SOL) shedding 2.5%, and Binance Coin (BNB) dropping by 2.3%. Despite the broader crypto market’s subdued performance, futures open interest surged notably in the wake of the FOMC meeting, hinting at heightened anticipation among traders. BTC/USDT price chart | Source: KuCoin In contrast, U.S. equities responded positively to the minutes. The S&P 500 rose 0.68%, nearing an all-time high, while the Nasdaq climbed 0.5%, reaching levels not seen since its September slump. Andrew Kang, co-founder of Mechanism Capital, noted that this divergence between equities and crypto reactions to the rate cuts is typical. Equities are more directly impacted by interest rate policies due to their connection to cash flow valuations and corporate debt financing, leading to a surge in stock prices post-announcement. Meanwhile, the crypto market remained sluggish. Traders in the crypto space appeared cautious, likely awaiting further U.S. economic data expected on October 10 before making any bold moves. The upcoming data could provide clearer signals for the next phase of market action. Read more: BTC Remains Neutral Amid Market Volatility, Satoshi’s Identity, and More: Oct 9 Conclusion A maelstrom of high drama, from the world of legal wrangling to cryptic data in markets and bold accusations, courses through the crypto world-just about as dynamic and unpredictable as it has ever been. OpenAI's fight with Elon Musk illustrates the tension about the role of AI in tech ramping up, while profit data by Polymarket lays bare a risky game of bets on real-world events. Meanwhile, it gets even weirder with an HBO documentary naming Peter Todd as Satoshi Nakamoto, the controversial creator of Bitcoin. Meanwhile, each of these stories continues to unfold, and the singular thread that actually binds them together is one continuous promise of innovation, matched only by a mirror-image amount of controversy born from technology, finance, and a very human ambition. Keep up with daily KuCoin News for the latest crypto trends!
BTC Remains Neutral Amid Market Volatility, Satoshi’s Identity, and More: Oct 9
BTC has neutral sentiments, and bullish investors should be cautious. Speculation over Bitcoin creator Satoshi Nakamoto intensifies ahead of HBO's new documentary. Meanwhile, Cardi B's WAP token is linked to a crypto scam, the Supreme Court clears the sale of Silk Road Bitcoin, and FTX moves forward with its bankruptcy plan. The crypto market showed neutral sentiments today as major coins experienced price small decreases. The Crypto Fear & Greed Index stayed at 49 today, still lingering in the 'Neutral' zone. Bitcoin (BTC) remains volatile this week, but showing clear signs of rally potential. Quick Market Updates Prices (UTC+8 8:00): BTC: $62,163, -0.10%, ETH: $2,440, +0.74% 24-Hour Long/Short Ratio: 49.5%/50.5% Fear and Greed Index: 49 (Neutral, unchanged from 24 hours ago) Crypto Fear and Greed Index | Source: Alternative.me Federal Reserve officials have been quite busy in recent times with their number of speeches that show indications of future monetary policy shifts. John Williams, one of the influential FED officials, showed confidence in the US economy and thought it is "prepared for a soft landing." He supports the 25-bps rate cut for November, which is a cautious approach towards economic stability. Market participants continue to look forward to further details from the coming Fed minutes happening tomorrow. Further, added to this will be the US Consumer Price Index inflation data scheduled for Thursday, which becomes important to interpret the trend of inflation and consequent decisions on rates. US stocks trended higher in financial markets, and with the comments of the Fed officials, it would seem that their comments were well-received by the markets. The ETH/BTC exchange rate climbed to 0.0395, increasing by about 1% in the past 24 hours and indicating a subtle shift in market dynamics between the two leading cryptocurrencies. Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change ⬆️ NEIRO/USDT +11.68% ⬆️ EIGEN/USDT +10.53% ⬆️ APTOS/USDT +6.82% Trade now on KuCoin Industry Highlights for October 9, 2024 The HBO documentary “Money Electric: The Bitcoin Mystery” will reveal the identity of Bitcoin’s founder, Satoshi. Google and Twitter trends show a surge in interest in Satoshi Nakamoto. The ban on social media platform X has been lifted, and the Brazilian market for X may restart. Crypto heat map | Source: Coin360 Debate Over Bitcoin Creator Satoshi Nakamoto Heats Up as HBO Documentary Nears Release Speculation surrounding the identity of Satoshi Nakamoto, Bitcoin's enigmatic creator, is intensifying as HBO prepares to release its documentary Money Electric: The Bitcoin Mystery. Researchers from 10x Research revisited two main theories: one that points to cryptographer Nick Szabo, and another suggesting the involvement of the US National Security Agency (NSA). Szabo's proposed "Bit Gold" in the 1990s closely resembles Bitcoin, making him a prime candidate, while the NSA's expertise in cryptographic technology raises questions about its possible role in Bitcoin's inception. As the Oct. 8 broadcast date approaches, Polymarket odds shifted, suggesting that Bitcoin pioneer Adam Back might be the focus of HBO's documentary. Whether Szabo, Back, or the NSA is unveiled, the speculation has reinvigorated debate within the crypto community. Cardi B’s WAP Token Promotion Traced to Crypto Scam On Oct. 8, Cardi B’s official X account shared a promotional post for a cat-themed memecoin called WAP (an acronym for her hit song Wet Ass Pussy). Along with the post, Cardi B shared a wallet address. Blockchain investigators quickly flagged the address, revealing its ties to several fraudulent crypto projects, including rug pulls. Source: X | Cardi B According to BubbleMaps, 60% of the WAP token supply was bundled at launch, with $500,000 worth of tokens dumped within hours. Pseudonymous sleuth Wazz and crypto investigation firm PeckShield believe Cardi B’s X account may have been hacked and used by scammers to promote the token. The situation highlights ongoing risks in celebrity-endorsed crypto projects, where scammers leverage star power to attract unwitting investors. Supreme Court Clears Path for Government to Sell $4.4 Billion in Silk Road Bitcoin The US Supreme Court has declined to hear a case over 69,370 Bitcoin seized from the infamous Silk Road marketplace. The Bitcoin, valued at $4.38 billion, had been claimed by Battle Born Investments, which argued it purchased rights to the crypto through a bankruptcy claim. However, both lower courts ruled against Battle Born, and the Supreme Court’s refusal to hear the case clears the way for the US government to sell the Bitcoin. With the legal battle over, the government is expected to liquidate the remaining Silk Road-linked Bitcoin, following an earlier sale of $2 billion worth of assets in July. FTX Bankruptcy Plan Approved, Paving the Way for Creditor Repayments FTX has reached a milestone in its bankruptcy process. On Oct. 7, US Bankruptcy Judge John Dorsey approved the crypto exchange’s liquidation plan, allowing FTX to repay its users and creditors. The plan covers 98% of FTX users, with repayment potentially exceeding the total value of claims for non-governmental creditors. The approval comes nearly two years after FTX’s collapse, often dubbed the "Lehman moment" for the crypto industry. With this plan, FTX can distribute more than $16 billion to its creditors, bringing closure to one of the largest financial collapses in crypto history. Bitcoin Price Analysis: Crypto Fear and Greed Index Holds Neutral Amid Market Volatility The Crypto Fear and Greed Index, a barometer for investor sentiment, currently shows a neutral outlook, reflecting uncertainty in the market. Recent fluctuations in Bitcoin’s price have caused concern among investors, but historical data suggests a potential bullish breakout if the price moves beyond key resistance levels. Market watchers are eyeing the $58k to $60k price range for buying opportunities, while a rise beyond $66k could ignite a stronger rally. The Bitcoin market is at a pivotal point since the Crypto Fear and Greed Index, which measures market sentiment, remains neutral which reflects indecision amongst investors. This balance suggests that traders are waiting for a clear directional signal before making significant moves. The key support level for Bitcoin currently sits between $58,000 and $60,000. Trading below this level, if the price holds within the above-mentioned range, will indicate stability and can create a good buying opportunity toward lower level entry. On the downside, a downward trend could bring further decline with the next important support being close to $55,000. To the upside, the vital resistance level falls between $66,500 and $67,000. Bitcoin has already tested this resistance level but was rejected previously. A decisive break above this range may generate formidable buying momentum, which could propel the price toward $70,000. Several indicators give an insight into the present condition of Bitcoin. The RSI is at 52, and conditions are neutral. What that means is that the market isn't overbought or oversold, and no trend has shown its way. If the RSI should happen to rise above 70, this would mean that Bitcoin is in overbought territory, which might result in a price correction. Source: BTC/USDT on TradingView On September 18, the midpoint of the descending channel was broken. A rally approached the channel's highs but faced rejection. Since then, the $64,000 zone has turned into a resistance level. The Chaikin Money Flow (CMF) is -0.09, indicating capital outflow from the market. This could be seen as an ominous suggestion that confidence among investors is falling, with increased selling pressure. On-Balance Volume (OBV) showed consistent selling during the past two weeks; in the last few days, however, there has been some slight recovery, so maybe some buying interest is re-returning. However, in their entirety, these indications still point toward caution for investors to stay vigilant. On the other hand, if the bullish case were to happen, a Bitcoin breakout above $67,000 might trigger a rally that traders can look forward to. This happens because when such a breakout happens, there's normally an increase in buying volume that shoots the price upwards. This would turn into a decline that can drive the price of Bitcoin down to around $55,000 or even lower. While the current indications of the CMF and OBV show weakness, traders should be aware that at any time soon, downward pressure may be applied. Another measure is the Tether Dominance Index (USDT.D), indicative of money flowing into stablecoins. This normally moves upwards during a bear market, where investors are flowing into stablecoins to reduce risk. The uptrend at present would show that caution is dominating, and until this is broken in the uptrend, traders might need to set more conservative bullish targets. Read more: Crypto Daily Movers October 7: Bitcoin Breaks $63,000, Technical Analysis of APT, WIF, and FTM Conclusion With the Satoshi Nakamoto HBO documentary about to drop, there's more speculation from Nick Szabo to the NSA about who he really is. In contrast, Cardi B with her WAP token shows the fallacies of celebrity endorsements in the use case, while it also serves as yet another reminder for investors to do their due diligence. From the Supreme Court's ruling on the Silk Road Bitcoin to the approved bankruptcy plan for FTX, legal sea changes keep coming in waves. While the crypto market will have to sail through such complications, the investor should be quite aware and prepared to understand how the combined influence of celebrities, the regulatory change in laws, and market dynamics shapes this ever-changing layout. Keep up with daily KuCoin News for the latest crypto trends!
Hamster Kombat Mini Game Puzzle Solution, October 8, 2024
Hello, Hamster Kombat CEO! Did you withdraw your $HMSTR yesterday and trade it for profit? $HMSTR was finally launched on CEXs, including KuCoin, on September 26 after months of hype. $HMSTR is now trading at $0.004716 at the time of writing. Now the game is in its Interlude Season, and your efforts in solving daily challenges to maintain your edge as a Hamster Kombat player will pay off. Hamster Kombat’s mini-game puzzle offers a chance to earn valuable golden keys, with the mining phase ending on September 20, 2024. Quick Take Solve today's Hamster Kombat mini-game puzzle and claim your daily golden key for the day. The $HMSTR token airdrop and TGE event took place on September 26, 2024. $HMSTR token was listed on top centralized exchanges, including KuCoin, on the same day. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, October 8, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Hamster Kombat ($HMSTR) is launched on KuCoin for spot and futures trading. You can deposit $HMSTR with 0 gas fees and start trading the token now! Hamster Kombat’s New Hexa Puzzle Mini-Game to Mine Diamonds In addition to the sliding puzzle, Hamster Kombat has introduced the Hexa Puzzle, a match-based game that allows you to stack tiles on a hexagonal grid and continuously earn Hamster diamonds. It’s a fantastic way to accumulate diamonds ahead of the token launch, with no restrictions. Earn More Diamonds From Games in the Playground The Playground feature offers opportunities to earn valuable diamonds by engaging with partner games. Each game provides up to four diamonds. Here’s how to participate: Select a Game: Choose from 17 available games, including Train Miner, Coin Masters, and Merge Away. Complete Tasks: Play and complete tasks to grab diamonds. Redeem in Hamster Kombat: Enter your key code in Hamster Kombat to boost your earnings in the game. These games are simple, free-to-play, and enhance your earning potential for the upcoming $HMSTR airdrop. Hamster Kombat TGE and Airdrop is Here The highly anticipated $HMSTR token airdrop finally took place yesterday, on September 26, 2024. Previously, the token was available for pre-market trading on platforms such as KuCoin. Yesterday, the token distribution occurred, and users have now received their tokens after months of waiting. Besides, players can now withdraw their tokens to selected CEXs including KuCoin from other TON-based wallets in Telegram. As the airdrop event took place, The Open Network (TON) faced challenges due to a heavy network load caused by the large number of minted tokens generated on the platform. Read more: Hamster Kombat Announces Token Airdrop and Launch on The Open Network for Hamster Kombat Airdrop Task 1 Goes Live: How to Link Your TON Wallet Hamster Kombat Adds Airdrop Allocation Points Feature Ahead of HMSTR Airdrop As per the Hamster Kombat whitepaper, sixty percent of the total token supply will be distributed to eligible players, while the rest will go toward market liquidity and ecosystem growth, ensuring long-term sustainability. Hamster Kombat Welcomes the Interlude Season before the Season 2 Starts The conclusion of Hamster Kombat Season 1 doesn’t mark the end of the game, as players now enter the Interlude Season. This warm-up phase will last a few weeks before the launch of Season 2. During this period, players can focus on farming diamonds, which will provide advantages in the upcoming season. The more diamonds you collect, the greater the benefits in Season 2. The Interlude Season offers a valuable opportunity for players to prepare and get ahead before new challenges and rewards are introduced. Read More: Hamster Kombat Welcomes the Interlude Season Before the Token Airdrop on Conclusion Now that the $HMSTR token has officially launched and the TGE has occurred, you can still stay active in Hamster Kombat’s daily puzzles and Playground games. Continue collecting keys to enhance your rewards and take advantage of ongoing opportunities as you wait for Season 2 to kick off. For more updates and details, bookmark this page and follow KuCoin News. Read more: How to Buy and Sell Hamster Kombat (HMSTR) Tokens: A Comprehensive Guide
Crypto Daily Movers October 7: Bitcoin Breaks $63,000, Technical Analysis of APT, WIF, and FTM
Bitcoin's rise above $63,000 signals potential rallies in altcoins like APT, WIF, and FTM. With decreasing exchange-held Bitcoin and the Fed's potential rate cut, the crypto market could see further bullish movement. Explore the key technical patterns driving these markets. The crypto market showed improving sentiments today as major coins experienced price increases. The Crypto Fear & Greed Index decreased from 61 last week to 50 today, signaling a slight improvement but still lingering in the 'Neutral' zone. Bitcoin (BTC) remains volatile this week, but showing clear signs of rally potential. Crypto fear and greed index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change ⬆️ CLH/USDT +43.45% ⬆️ STORE/USDT +42.02% ⬆️ ZELIX/USDT +31.43% Trade now on KuCoin Last Friday's U.S. non-farm payrolls report for September showed the strongest job growth in six months, with the unemployment rate unexpectedly declining. This shifted market expectations away from a significant interest rate cut in November. U.S. stocks closed higher on Friday, and Asia-Pacific markets opened positively. Bitcoin surpassed $63,000, while the ETH/BTC exchange rate held steady around 0.039, reflecting optimism for a soft economic landing. Currently, market narratives are centered on AI, meme coins, and popular public blockchains. Among these, the public chain SUI (+9%), AI-related TAO (+16%), and meme coin NEIRO (+47%) are attracting the most attention. Notably, Sui's on-chain activity reached its second-highest level in history this week. There's also a growing trend of on-chain meme coins, with the hippo-themed HIPPO leading the pack. This market overview highlights the interconnected nature of traditional finance, cryptocurrency markets, and emerging blockchain trends, showcasing how economic data can influence various sectors of the digital asset space. Read more: Sui Price Prediction: Can SUI Touch New ATH as TVL Crosses $1 Billion? Quick Market Updates 1. Price (UTC+8 8:00) BTC:$63,464,+2.41%; ETH:$2,488,+2.95% 2. 24 hours long/short: 52.2%/47.8% 3. Yesterday's Fear & Greed Index: 50 (50 24 hours ago), with a neutral rating Industry Highlights for October 7, 2024 Trump's probability of being elected president rises to 50.8% on Polymarket, Harris drops to 48.4% Vitalik Buterin donated 100 ETH to Roman Storm Legal Defense Fund Tether launches a 10th anniversary documentary about USDT and its impact on the fight against inflation Fractal Bitcoin released its Q4 roadmap to launch a trustless CAT20 marketplace and activate Runes Crypto companies raised $823 million in September 2024 Bitcoin Price Analysis: Rally Toward $66,500? Bitcoin has recently reclaimed the $62,000 price level, showing signs of a continued uptrend. After testing the 50-day Simple Moving Average at $60,589 on October 4, Bitcoin rebounded sharply, indicating that buyers are actively defending key support zones. If the bullish momentum persists and the price remains above the 20-day Exponential Moving Average, Bitcoin could potentially rise toward the next resistance at $66,500. This level could attract selling pressure; however, a sustained breakout above $66,500 would open the path to a rally toward the $70,000 psychological barrier. Crypto market data daily view October 6, 2024 Source: Coin360 On the downside, if Bitcoin fails to hold above the 50-day SMA, the price could decline to the $57,500 support level, with the next major support at $54,000. In the 4-hour chart, the price remains above the 20-EMA, suggesting a shift in momentum to the bulls. A close above the 50-SMA would likely increase the probability of a rally toward $65,000. Failure to hold above the 20-EMA could indicate a short-term reversal, potentially bringing the price back down to $60,000. A break of this level would suggest deeper correction toward $57,500 or even $54,000. Read more: Bitcoin Market Holds Strong Amid $60K Threat: Traders Remain Optimistic BTC/USDT daily chart. Source: TradingView Read More: Bitcoin Could Rally to $90,000 If Trump Wins the US Election: Bernstein Aptos (APT) Price Analysis: Inverted Head-and-Shoulders Breakout Aptos recently broke out from an inverted head-and-shoulders pattern on September 21. The breakout was confirmed on October 2 when Aptos successfully retested the $7.65 level. The 20-day EMA has turned upwards, and the Relative Strength Index is in positive territory, indicating bullish control. Aptos is currently poised to reach the pattern's technical target of $11. However, the continuation of this bullish trend depends on the price remaining above the 20-EMA on the 4-hour chart. If it breaks above $9.32, it would confirm the uptrend and signal further gains. On the downside, a break below the $7.65 support level would invalidate the breakout and signal a potential decline toward $5.66. The bulls need to hold the 20-EMA to prevent profit-taking by early buyers. A failure to do so could lead to a decline to the 50-SMA. APT/USDT daily chart. Source: TradingView Dogwifhat (WIF) Price Analysis: Bullish Ascending Triangle Pattern Dogwifhat has been trading within an ascending triangle pattern, signaling a potential bullish continuation. The price has remained above the 20-day EMA at $2.09, with both moving averages sloping upward. The RSI is in positive territory, suggesting that bulls currently have the upper hand. A decisive breakout above the downtrend line could lead to a rally toward the $2.64 to $2.89 resistance zone. If bulls push through this zone, Dogwifhat could target the next major resistance level at $3.50. On the other hand, a break below the 20-day EMA would indicate a weakening bullish sentiment and potentially pull the price down to the 50-day SMA at $1.77. On the 4-hour chart, it is currently holding at the breakout level of $2. The ascending triangle pattern has a target objective of $2.93, with a rally to $2.60 being immediate. If it breaks below $2, it could invalidate this bullish pattern and lead to a drop to its uptrend line. WIF/USDT daily chart. Source: TradingView Fantom (FTM) Price Analysis: Inverse Head-and-Shoulders in Play Fantom completed an inverse head-and-shoulders pattern on September 17 by breaking above the $0.55 resistance level. Typically after such a breakout, prices retest this level; Fantom is currently holding support at the 20-day EMA at $0.62. If it can rebound and break through resistance at $0.70, Fantom could rally toward its technical target of $0.83 with further potential to reach $0.93 if momentum sustains. However, if Fantom breaks below $0.55, it would invalidate this bullish breakout and signal a potential trend reversal. Bulls need to defend around $0.58 to form a local bottom; breaking above the 50-SMA would confirm buying interest and set up for a rally to $0.76 with a next target at $0.83. In contrast, failing to maintain these support levels would signal renewed bearish pressure and potentially drive prices down to or below $0.55. FTM/USDT daily chart. Source: TradingView Market Outlook: Key Catalysts for Bitcoin and Altcoins Bitcoin's rise above $62,000 is occurring against macroeconomic factors that are favorable for risk assets. The expected rate cut by central banks is boosting risk-on sentiment in financial markets while decreasing amounts of Bitcoin held on centralized exchanges indicate a supply squeeze that could further fuel its price action. For altcoins like Aptos, Dogwifhat, and Fantom, bullish technical patterns suggest potential rallies in the near term; however much will depend on broader market sentiment and Bitcoin's ability to maintain its current upward trajectory. Investors should closely watch support levels and moving averages to assess potential reversals or continuations in this uptrend as volatility remains high in crypto markets but technical indicators currently favor bullish action. Key factors Driving Bitcoin's Current Rally Monetary Policy Expectations: There is growing sentiment that central banks, particularly the Federal Reserve, may be done with interest rate hikes and could potentially cut rates soon. This expectation of looser monetary policy tends to boost riskier assets like Bitcoin. AI-Driven Demand: Some analysts predict that Bitcoin miners accommodating data demands for artificial intelligence could help support Bitcoin's price by providing an alternative revenue stream. Geopolitical Factors: The increasing likelihood of a second Trump presidency is seen as potentially bullish for Bitcoin, given a more crypto-friendly stance compared to previous terms. Technical Factors: Bitcoin has broken through key resistance levels, which often triggers further buying momentum. Seasonal Trends: Historically, October and November have been strong months for Bitcoin performance, which may be influencing investor sentiment. Read more: Crypto Inflows Surge: $1.2 Billion in a Week Amid Rate Cut Hopes Conclusion In conclusion, the cryptocurrency market is showing signs of bullish momentum as Bitcoin breaks the $62,000 level. This surge is driven by several factors, including favorable macroeconomic conditions, anticipated regulatory approvals, and technical breakouts in various altcoins. The potential for further Federal Reserve rate cuts and decreasing Bitcoin holdings on centralized exchanges are contributing to a positive market outlook. As the crypto market continues to experience volatility, it's crucial for traders to stay informed and utilize advanced trading tools and strategies. Whether you're a seasoned trader or just starting out, understanding different order types and market dynamics can greatly enhance your trading experience. Read more on KuCoin or trade on KuCoin now to explore the exciting world of cryptocurrency trading and stay ahead in this dynamic market. Stay tuned to KuCoin News for more crypto market updates and insights. Read More: Crypto Daily Movers, October 4: Mixed Sentiments as Market Awaits US Payroll Data
Crypto Daily Movers, October 4: Mixed Sentiments as Market Awaits US Payroll Data
The crypto market showed mixed sentiments today as major coins experienced price fluctuations. The Crypto Fear & Greed Index rose from 37 to 41, signaling a slight improvement but still lingering in the 'Fear' zone. Bitcoin (BTC) remained volatile this week, influenced by increasing tensions in the Middle East and investors' growing focus on traditional safe-haven assets like gold. Crypto heat map, October 4 | Source: Coin360 Additionally, market participants are closely watching the upcoming US Non-Farm Payroll (NFP) data due on Friday. Recent US economic indicators, such as the ISM Services Index reaching an 18-month high, caused a brief rebound in the S&P and Nasdaq before closing lower due to concerns over potential Israeli attacks on Iran's oil industry. Amidst this uncertainty, BTC has managed a slight uptick, while the ETH/BTC ratio continues to decline. Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change ⬆️ ANALOS/USDT +50.38% ⬆️ SAROS/USDT +23.78% ⬆️ BIIS/USDT +21.21% Trade now on KuCoin Quick Market Updates Prices (UTC+8 8:00): BTC: $61,292 (+0.96%); ETH: $2,375 (+0.95%) 24-Hour Long/Short Ratio: 49.5%/50.5% Fear and Greed Index: 41 (Up from 37, still in 'Fear' territory) Industry Highlights for October 4, 2024 Fed’s Rate Cut Expectations: Federal Reserve official Austan Goolsbee suggested that cutting rates by 25 or 50 basis points is less urgent than a more substantial reduction to neutral levels over the next year. Current market sentiment indicates a 62.5% probability of a 25-basis-point rate cut in November. Ethereum Developments: Co-founder Vitalik Buterin proposed increasing bandwidth requirements and lowering the minimum staking threshold to 16 or 24 ETH, reflecting the ongoing evolution of the Ethereum ecosystem. Ripple Expansion: Ripple launched its high-speed payment solution, Ripple Payments, in Brazil, extending its international reach and reinforcing its role in cross-border payments. Crypto Inflows Surge: $1.2 Billion Amid Rate Cut Hopes Last week saw significant inflows into crypto investment products, totaling $1.2 billion – the highest in 10 weeks. Bitcoin led with over $1 billion in inflows, while Ethereum broke its five-week losing streak, gaining $87 million. This surge in inflows is driven by hopes of interest rate cuts in the U.S., enhancing the market's outlook. Read More: Crypto Inflows Surge: $1.2 Billion in a Week Amid Rate Cut Hopes XRP Dips 9% as SEC Reignites Legal Battle XRP dropped by 9% after the SEC filed an appeal against a previous court ruling that had determined XRP was not a security when sold to retail investors. Ripple's CEO Brad Garlinghouse and CLO Stuart Alderoty expressed disappointment but hinted at a possible cross-appeal. Despite this setback, Ripple’s XRP Ledger continues to play a vital role in cross-border payments. Bitcoin's Dominance Climbed Near a Three-Year High Bitcoin dominance spikes to 58% | Source: TradingView While XRP faced challenges, Bitcoin saw a modest 1% increase, pushing its price close to $61,000. Meanwhile, Ethereum slipped by over 1% to around $2,350, reflecting the broader market's volatility. Bitcoin's dominance climbed near a three-year high, standing at 58%. Read more: Bitcoin Market Holds Strong Amid $60K Threat: Traders Remain Optimistic Notable Movers: Aptos Surges, SUI Declines APT/USDT price chart | Source: KuCoin Aptos (APT) outperformed the market with a 7% gain following the news of Franklin Templeton expanding its tokenized money market fund to the Aptos blockchain. Conversely, SUI dropped after a month-long rally, as some traders rotated profits into Aptos. U.S. Dollar Strengthening DXY rises above 101 | Source: TradingView The crypto market's mixed performance coincided with the U.S. dollar surging to its highest level since mid-August due to strong economic data and ongoing geopolitical concerns in the Middle East. A spike in the Secured Overnight Financing Rate (SOFR) has also raised concerns over potential liquidity stress, drawing parallels to the repo crisis of 2019. What to Watch Next Markets now await Friday's U.S. jobs report, which could serve as a catalyst. A mix of expected rate cuts and strong labor data may drive renewed optimism in risk assets, including cryptocurrencies. Solana Could Challenge Ethereum’s Dominance Solana vs. Ethereum price performance | Source: TradingView Recent trends show financial institutions considering Solana for real-world asset tokenization and stablecoins. This shift could position Solana as a serious competitor to Ethereum over the long term, especially with Visa's recent integration of USDC on the Solana network. Read more: Solana vs. Ethereum: Which Is Better in 2024? PayPal's First Corporate Payment via PYUSD Stablecoin PayPal completed its first business transaction using its USD-pegged stablecoin, PYUSD, with Ernst & Young through SAP’s digital currency hub. This marks a significant milestone in using stablecoins for instant corporate payments. Read more: All You Need to Know About PayPal USD (PYUSD) - PayPal’s Stablecoin Conclusion The crypto market continues to showcase a mix of optimism and caution, driven by global economic developments, regulatory changes, and technological advancements. Bitcoin's resilience above the $60,000 mark, Ethereum's proposed updates, and Solana's potential challenge to Ethereum highlight the dynamic nature of the market. However, factors such as geopolitical tensions, U.S. economic data, and regulatory scrutiny, particularly the ongoing legal battles like the XRP case, add layers of uncertainty. As always, investors should stay informed and be mindful of the market's inherent risks, understanding that volatility is a constant companion in the crypto space. It's crucial to conduct thorough research and consider risk tolerance before making any investment decisions. Stay tuned to KuCoin News for more crypto market updates and insights.
Crypto Inflows Surge: $1.2 Billion in a Week Amid Rate Cut Hopes
Crypto investment products saw significant inflows of $1.2 billion last week, marking the highest inflows in 10 weeks. Bitcoin led the surge with over $1 billion, while Ethereum broke its five-week losing streak. Discover the factors driving this massive growth and the impact this has on the U.S. interest rate outlook. Quick Take Crypto investment products led an astonishing inflow of $1.2 billion last week, which set the record for the highest weekly total since July, extending a three-week streak of positive inflows driven by U.S. interest rate cuts. Bitcoin products alone accounted for over $1 billion in inflows, reflecting strong institutional interest, especially with the approval of physically settled options tied to BlackRock’s U.S. Bitcoin ETF. After a five-week losing streak, Ethereum gained $87 million in inflows, signaling a renewed confidence in Ethereum's long-term potential. Crypto Market Update Source: Coin360 The global crypto market cap has declined to $2.13 trillion, down by 1.37% in the past 24 hours. Trading volume also saw a decrease of 20.45%, totaling $91.53 billion. DeFi accounts for $5.36 billion of this volume, while stablecoins make up 91.45%, amounting to $83.7 billion. Bitcoin’s dominance increased slightly to 56.82%. Trending Cryptos of the Day Market leader Bitcoin has faced considerable volatility in the wake of rising geopolitical tensions, slipping down under $61,000 but bouncing back above this key level at the time of writing. Notwithstanding the risk-off sentiment weighing on the king crypto, other leading projects have etched out small gains and are trending the market: TRON Network posted a record high revenue of $577 million in Q3 2024, bringing reason to cheer for TRX investors, while Hamster Kombat price sees a small bounce as the sell-offs following the airdrop ease. Meanwhile, EigenLayer’s newly unlocked token following the airdrop has seen considerable selling pressure, driving double-digit losses for the EIGEN crypto. Cryptocurrency 24-h Change Hamster Kombat (HMSTR) +1.% Sui (SUI) +0.95% TRON (TRX) +0.08% Bitcoin (BTC) -0.67% EigenLayer (EIGEN) –12.06% Crypto Inflows Soar Amid U.S. Rate Cut Expectations Last week saw a major shift in the digital asset landscape with crypto investment products raking in a staggering $1.2 billion in net inflows. This marked the largest single-week inflow since mid-July, continuing a three week streak of positive market sentiment. The surge in investment was largely attributed to growing optimism around potential interest-rate cuts in the U.S. as investors shifted their portfolios in anticipation of a more favorable economic environment. U.S. based funds dominated the inflows, accounting for $1.17 billion of the total. The return of investor confidence is a clear indication that crypto remains resilient, despite ongoing volatility in global markets. The approval of new investment products and the anticipation of economic policy changes have bolstered market sentiment, creating an ample environment for inflows. Crypto Assets Fund Flows (Source: CoinShares) Bitcoin's Dominance: A Billion-Dollar Boost Bitcoin products led the way with over $1 billion in inflows, reaffirming its position as the top choice for crypto investors. The approval of physically settled options tied to BlackRock’s U.S. bitcoin ETF (IBIT), the largest spot Bitcoin fund by assets, was a key factor in driving these inflows. With regulatory approvals continuing to shape the market, Bitcoin's status as the premier digital asset has only strengthened. Interestingly, while the approval of new options boosted market sentiment, trading volumes did not see a comparable increase, declining slightly by 3.1% week-over-week. Despite this, Bitcoin remains the go-to asset for institutions and retail investors alike, particularly in the U.S. market. Read More: Best Spot Bitcoin ETFs to Buy in 2024 Ethereum's Resurgence: Breaking the Losing Streak Ethereum products also experienced a notable turnaround, attracting $87 million in net inflows after five consecutive weeks of losses. This marked the first measurable inflows for Ethereum since early August, signaling renewed investor confidence in Ethereum's long-term potential. The timing aligns with growing discussions around Ethereum’s scalability and the ecosystem's development, including advancements in staking and Layer 2 solutions. Ethereum’s ability to attract capital after a difficult period is significant, suggesting that investors are regaining faith in the asset as both a store of value and a functional blockchain for decentralized applications. Crypto Assets Weekly Flow (Source: CoinShares) The above image shows that Bitcoin's recent surge to around $65,000 prompted an inflow of $8.8 million into short-Bitcoin products, as some investors anticipated a possible decline following the rally. Regional sentiment, however, varied significantly. The U.S. led with a substantial $1.2 billion in inflows, while Switzerland followed with $84 million. In contrast, Germany and Brazil saw outflows, with $21 million and $3 million, respectively, indicating mixed investor sentiment across global markets. Read more: Best Ethereum ETFs to Watch in 2024 The U.S. Impact: Regulatory Approvals Drive Sentiment A major driver behind the recent inflows was the U.S. regulatory landscape. The approval of physically settled options for U.S.-based investment products, particularly tied to BlackRock's Bitcoin ETF, had a significant psychological impact on the market. While trading volumes did not spike as much as anticipated, the inflows indicate growing confidence in regulated crypto products, particularly in the U.S. This regulatory backing is essential as it provides a sense of security for institutional investors who might have been hesitant to dive into the crypto space due to regulatory uncertainty. With clearer rules emerging and new products receiving approval, crypto is poised to capture an even larger share of the traditional investment market. Conclusion: A Bullish Sign for Crypto Markets? It's a clear indication that investor sentiment is turning bullish. In fact, massive inflows of $1.2 billion into crypto investment products have been recorded. The crypto market seems to get back to momentum, led by Bitcoin and followed by Ethereum. Anticipation of rate cuts in the U.S. and regulatory approvals for new products in the near term will likely keep driving inflows higher. Large-cap digital assets signaled mixed performances: Litecoin had inflows of USD 2 million, XRP had USD 0.8 million inflows, while Solana lost USD 4.8 million. This indeed shows positive investor interest in the first two assets. However, with Solana losing $4.8 million, this perhaps indicates mixed market sentiment whereby some large-cap altcoins are attracting capital while others-like Solana-are witnessing reduced investor confidence. As always, the cryptocurrency market is very volatile, but the trend now suggests a growing confidence in digital assets as a viable avenue of investment. Again, Bitcoin and Ethereum are casting themselves as safe havens during times of uncertainty, with this perhaps just the beginning of yet another memorable rally.
Sui Price Prediction: Can SUI Touch New ATH of $2.44 as TVL Crosses $1 Billion?
SUI's Total Value Locked (TVL) reached a new milestone, crossing $1.03 billion on September 29. This marks a nearly fivefold increase since the start of the year. This rapid growth places SUI in the eighth spot among DeFi ecosystems, just behind Avalanche. Quick Take SUI's Total Value Locked (TVL) surpassed $1 billion on September 29. SUI has gained over 270% since August, currently aiming for a new all-time high. The token unlock event on October 3 could impact short-term market prices. SUI's TVL Crossed $1 Billion on September 29, 2024 The Sui network acknowledged key protocols like NAVI, Cetus, and Suilend for their significant contributions to the TVL growth, with $370 million, $174 million, and $170 million locked, respectively. Since its launch in May 2023, SUI has led the TVL growth among Layer-1 blockchains, increasing by 480%. For comparison, Solana, Ethereum, and Avalanche have seen gains of 183%, 57%, and 18% over the same period. Sui’s TVL goes past the $1 billion mark before dipping lower | Source: DefiLlama At the time of writing, SUI’s TVL has slightly dipped to over $987 million but still holds its position as the 8th largest DeFi ecosystem in the market. Read more: Top Projects in the Sui Network Ecosystem You Should Know About Circle Launches USDC on Sui Network Source: X Circle, the company behind the USD Coin (USDC), recently launched USDC on the Sui Network, expanding its presence in the DeFi ecosystem. This integration allows users and developers on Sui to access a stable, fiat-backed digital currency for various financial activities, including trading, lending, and staking. The addition of USDC to the Sui Network is expected to enhance liquidity and drive further adoption of the network's DeFi services. This move also aligns with SUI's growing ecosystem, as the network continues to cement its position among the top Layer-1 blockchains. By providing a reliable, widely recognized stablecoin like USDC, Circle aims to facilitate seamless transactions within the Sui ecosystem, further supporting its recent price surge and TVL growth. This integration marks a significant milestone for Sui, potentially contributing to a more stable and versatile DeFi market within its network. As SUI targets new highs, the availability of USDC could play a pivotal role in maintaining its upward trajectory. Read more: What Is SuiPlay0X1, and How to Buy It? SUI Approaches All-Time High Above $2.44 SUI/USDT price chart | Source: KuCoin SUI's price has surged dramatically since August 5, climbing 285% from its low of $0.46 to $1.85. This bullish momentum propelled it past key resistance at $1.32, leaving the next major barrier at the all-time high of $2.18, just 24% above its current price. Technical indicators suggest further potential growth, but a short-term retracement might occur before the price reaches new highs. SUI's recent price movements have drawn significant attention from traders and investors. The token surged by 10% in the past 24 hours, signaling strong bullish momentum. This surge was supported by a 20% rise in open interest, indicating growing market confidence in SUI. Despite encountering resistance around the $2 mark, SUI's robust upward trend points to the potential for further growth. The current Relative Strength Index (RSI) value of 79 indicates that the asset is overbought, yet the Moving Average Convergence Divergence (MACD) remains bullish. Potential Price Retracement at Previous Key Resistance of $1.43 While SUI has been on an upward trend, some technical indicators show possible signs of a short-term pullback. The Relative Strength Index (RSI) is hinting at a bearish divergence in overbought territory, suggesting that a retracement might occur soon. If this happens, SUI's price could fall toward the $1.43 support level, aligning with the previous horizontal resistance area. However, this would likely be a temporary dip before a rebound toward a new all-time high. SUI Token Unlock Event Could Drive Bearish Pressure on Price Sui token unlock in October 2024 | Source: Token.Unlocks A significant token unlock is scheduled for October 1, 2024. SUI will release 64.19 million tokens, valued at approximately $100 million, to early contributors, investors, and its treasury. This unlock represents 2.4% of the circulating supply and could introduce increased market volatility. Other token unlocks this week include DYDX and MAV, with $8.9 million and $8.47 million worth of tokens, respectively. Token unlocks often bring both opportunities and risks, as the sudden increase in liquidity can lead to short-term price swings. Market participants should exercise caution during this period. $2.44 in Sight: Will SUI Price Hit a New All-Time High? SUI's recent surge suggests that it could reach a new all-time high, potentially targeting $2.44 if the bullish trend continues. The market sentiment remains optimistic, with increased trading activity and strong technical indicators backing the rally. However, the upcoming token unlock event could introduce short-term volatility, so market participants are advised to monitor price movements closely.
Hamster Kombat Mini Game Puzzle Solution, September 29, 2024
Hello, Hamster Kombat CEO! Did you withdraw your $HMSTR yesterday and trade it for profit? $HMSTR was finally launched on CEXs, including KuCoin, on September 26 after months of hype. $HMSTR is now trading at $0.0063 at the time of writing. Now the game is in its Interlude Season, and your efforts in solving daily challenges to maintain your edge as a Hamster Kombat player will pay off. Hamster Kombat’s mini-game puzzle offers a chance to earn valuable golden keys, with the mining phase ending on September 20, 2024. Quick Take Solve today's Hamster Kombat mini-game puzzle and claim your daily golden key for the day. The $HMSTR token airdrop and TGE event took place on September 26, 2024. $HMSTR token was listed on top centralized exchanges, including KuCoin, on the same day. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, September 29, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Hamster Kombat ($HMSTR) is launched on KuCoin for spot and futures trading. You can deposit $HMSTR with 0 gas fees and start trading the token now! Hamster Kombat’s New Hexa Puzzle Mini-Game to Mine Diamonds In addition to the sliding puzzle, Hamster Kombat has introduced the Hexa Puzzle, a match-based game that allows you to stack tiles on a hexagonal grid and continuously earn Hamster diamonds. It’s a fantastic way to accumulate diamonds ahead of the token launch, with no restrictions. Earn More Diamonds From Games in the Playground The Playground feature offers opportunities to earn valuable diamonds by engaging with partner games. Each game provides up to four diamonds. Here’s how to participate: Select a Game: Choose from 17 available games, including Train Miner, Coin Masters, and Merge Away. Complete Tasks: Play and complete tasks to grab diamonds. Redeem in Hamster Kombat: Enter your key code in Hamster Kombat to boost your earnings in the game. These games are simple, free-to-play, and enhance your earning potential for the upcoming $HMSTR airdrop. Hamster Kombat TGE and Airdrop is Here The highly anticipated $HMSTR token airdrop finally took place yesterday, on September 26, 2024. Previously, the token was available for pre-market trading on platforms such as KuCoin. Yesterday, the token distribution occurred, and users have now received their tokens after months of waiting. Besides, players can now withdraw their tokens to selected CEXs including KuCoin from other TON-based wallets in Telegram. As the airdrop event took place, The Open Network (TON) faced challenges due to a heavy network load caused by the large number of minted tokens generated on the platform. Read more: Hamster Kombat Announces Token Airdrop and Launch on The Open Network for Hamster Kombat Airdrop Task 1 Goes Live: How to Link Your TON Wallet Hamster Kombat Adds Airdrop Allocation Points Feature Ahead of HMSTR Airdrop As per the Hamster Kombat whitepaper, sixty percent of the total token supply will be distributed to eligible players, while the rest will go toward market liquidity and ecosystem growth, ensuring long-term sustainability. Hamster Kombat Welcomes the Interlude Season before the Season 2 Starts The conclusion of Hamster Kombat Season 1 doesn’t mark the end of the game, as players now enter the Interlude Season. This warm-up phase will last a few weeks before the launch of Season 2. During this period, players can focus on farming diamonds, which will provide advantages in the upcoming season. The more diamonds you collect, the greater the benefits in Season 2. The Interlude Season offers a valuable opportunity for players to prepare and get ahead before new challenges and rewards are introduced. Read More: Hamster Kombat Welcomes the Interlude Season Before the Token Airdrop on Conclusion Now that the $HMSTR token has officially launched and the TGE has occurred, you can still stay active in Hamster Kombat’s daily puzzles and Playground games. Continue collecting keys to enhance your rewards and take advantage of ongoing opportunities as you wait for Season 2 to kick off. For more updates and details, bookmark this page and follow KuCoin News. Read more: How to Buy and Sell Hamster Kombat (HMSTR) Tokens: A Comprehensive Guide
Hamster Kombat Mini Game Puzzle Solution, September 28, 2024
Hamster Kombat Mini Game Puzzle Solution, September 28, 2024 Hello, Hamster Kombat CEO! Did you withdraw your $HMSTR yesterday and trade it for profit? $HMSTR was finally launched on CEXs, including KuCoin, on September 26 after months of hype. $HMSTR is now trading at $0.007 at the time of writing. Now the game is in its Interlude Season, and your efforts in solving daily challenges to maintain your edge as a Hamster Kombat player will pay off. Hamster Kombat’s mini-game puzzle offers a chance to earn valuable golden keys, with the mining phase ending on September 20, 2024. Quick Take Solve today's Hamster Kombat mini-game puzzle and claim your daily golden key for the day. The $HMSTR token airdrop and TGE event took place on September 26, 2024. $HMSTR token was listed on top centralized exchanges, including KuCoin, on the same day. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, September 28, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Hamster Kombat ($HMSTR) is launched on KuCoin for spot and futures trading. You can deposit $HMSTR with 0 gas fees and start trading the token now! Hamster Kombat’s New Hexa Puzzle Mini-Game to Mine Diamonds In addition to the sliding puzzle, Hamster Kombat has introduced the Hexa Puzzle, a match-based game that allows you to stack tiles on a hexagonal grid and continuously earn Hamster diamonds. It’s a fantastic way to accumulate diamonds ahead of the token launch, with no restrictions. Earn More Diamonds From Games in the Playground The Playground feature offers opportunities to earn valuable diamonds by engaging with partner games. Each game provides up to four diamonds. Here’s how to participate: Select a Game: Choose from 17 available games, including Train Miner, Coin Masters, and Merge Away. Complete Tasks: Play and complete tasks to grab diamonds. Redeem in Hamster Kombat: Enter your key code in Hamster Kombat to boost your earnings in the game. These games are simple, free-to-play, and enhance your earning potential for the upcoming $HMSTR airdrop. Hamster Kombat TGE and Airdrop is Here The highly anticipated $HMSTR token airdrop finally took place yesterday, on September 26, 2024. Previously, the token was available for pre-market trading on platforms such as KuCoin. Yesterday, the token distribution occurred, and users have now received their tokens after months of waiting. Besides, players can now withdraw their tokens to selected CEXs including KuCoin from other TON-based wallets in Telegram. As the airdrop event took place, The Open Network (TON) faced challenges due to a heavy network load caused by the large number of minted tokens generated on the platform. Read more: Hamster Kombat Announces Token Airdrop and Launch on The Open Network for Hamster Kombat Airdrop Task 1 Goes Live: How to Link Your TON Wallet Hamster Kombat Adds Airdrop Allocation Points Feature Ahead of HMSTR Airdrop As per the Hamster Kombat whitepaper, sixty percent of the total token supply will be distributed to eligible players, while the rest will go toward market liquidity and ecosystem growth, ensuring long-term sustainability. Hamster Kombat Welcomes the Interlude Season before the Season 2 Starts The conclusion of Hamster Kombat Season 1 doesn’t mark the end of the game, as players now enter the Interlude Season. This warm-up phase will last a few weeks before the launch of Season 2. During this period, players can focus on farming diamonds, which will provide advantages in the upcoming season. The more diamonds you collect, the greater the benefits in Season 2. The Interlude Season offers a valuable opportunity for players to prepare and get ahead before new challenges and rewards are introduced. Read More: Hamster Kombat Welcomes the Interlude Season Before the Token Airdrop on Conclusion Now that the $HMSTR token has officially launched and the TGE has occurred, you can still stay active in Hamster Kombat’s daily puzzles and Playground games. Continue collecting keys to enhance your rewards and take advantage of ongoing opportunities as you wait for Season 2 to kick off. For more updates and details, bookmark this page and follow KuCoin News. Read more: How to Buy and Sell Hamster Kombat (HMSTR) Tokens: A Comprehensive Guide
Flappy Bird Returns with a Crypto Twist, Hamster Kombat & More in This Week’s Gaming Buzz
This week in crypto gaming brings exciting developments, from the return of Flappy Bird on Telegram to Yuga Labs' new free to play Dookey Dash. Plus, we dive into upcoming airdrops, the launch of Hamster Kombat's "interlude season," and the latest Parallel first person shooter news. Stay tuned for all the major stories and a few hidden gems from the gaming world. Source: X The crypto gaming space is busier than ever, with new game releases, token airdrops, and exciting partnerships fueling the excitement. With so much happening, it can feel overwhelming to keep up. That’s where Decrypt’s GG comes in—we’ve got all the latest moves in crypto gaming covered, from the return of classic games to upcoming token launches. Here’s your roundup of the biggest stories from this week. Key Takeaways: Flappy Bird's Crypto Comeback: The classic mobile game returns as a tap-to-earn experience on Telegram, integrating into the Open Network (TON) ecosystem, though its revival has stirred controversy due to the absence of its original creator. Dookey Dash Expands: Yuga Labs' sewer-based game is now free-to-play, offering players the chance to win $1 million in prizes across three seasons, with strong player engagement on iOS. Hamster Kombat & Parallel News: Hamster Kombat launches an "interlude season" ahead of a token airdrop, while Parallel ventures into 3D with Project Tau Ceti, blending NFT and FPS elements. Flappy Bird Returns… With a Crypto Twist Yes, you read that right—Flappy Bird, the iconic mobile game that disappeared nearly 10 years ago, is back. But this time, it has a crypto flavor. The game has been revived as a tap-to-earn experience on Telegram, thanks to a collaboration between the Flappy Bird Foundation and Notcoin. The partnership introduces Flappy Bird to the Open Network (TON) ecosystem, the blockchain that supports most Telegrambased tap-to-earn games. While there’s no official word yet on a token, signs point to a possible FLAP token in the future. However, Flappy Bird's return hasn’t been without controversy, as original creator Dong Nguyen wasn’t involved in the game’s revival. Still, the buzz surrounding this classic game’s comeback has captivated the crypto community. Source: X Dookey Dash: Unclogged Makes Waves Another big name making headlines this week is Dookey Dash: Unclogged, the latest free to play installment from Yuga Labs and Faraway. Initially released as an NFTgated game, this new version is now available on iOS, Android, Mac, and PC. The game offers three month long seasons, where players battle it out for the coveted “Golden Plunger”—an entry ticket to the tournament with a whopping $1 million in prizes on the line. The iOS version has already made its mark, climbing near the top of the free game charts, proving that interest in the App Powered competition is still strong. Hamster Kombat’s “Interlude Season” and Airdrop Excitement The token was launched on major exchanges, including KuCoin, on September 26, following months of hype in the crypto community. Now, users can withdraw their $HMSTR from the mini app to their on-chain wallets or DEX options. Just prior to this, Hamster Kombat introduced an “interlude season.” This temporary mode offers a simplified version of its crypto exchange simulator, where players can now earn diamonds—an in-game currency that may provide advantages in the upcoming season. Read more: How Much Is 1 Hamster Kombat (HMSTR) Token in Rupees After Token Listing? Parallel Expands into 3D Gaming The creators of the popular NFT card game Parallel are making a bold move into the world of first person shooters with Project Tau Ceti. Set on a sci-fi planet, this 3D shooter will allow Parallel NFT owners to use their avatars from the card game. Built on Coinbase’s Ethereum layer2 network, Base, this shooter is scheduled to enter alpha testing on PC in 2025, with potential mobile and console versions in the future. The game is a major step forward for Parallel as they expand their universe beyond trading cards into a more immersive gaming experience. Other Crypto Gaming Highlights The crypto gaming world has seen plenty of additional excitement this week. Here are a few other notable stories: Gold Rush, a new Telegram tap-to-earn game, just launched, with a skill based airdrop set for the future. Zynga’s crypto gaming team has formed a new company called D20 Labs and announced the launch of a new game. Pixelverse has evolved from a Telegram tapper into a cyberpunk web based game with its recent beta launch. The highly anticipated Catizen token was launched on Friday, though some players expressed dissatisfaction with the size of their airdrop allocations. SynQuest, another Telegram game, launched this week. Unlike the usual tap-to-earn mechanics, it asks players to answer questions as they navigate through a dungeon. Ubisoft conducted another beta test for their Champions Tactics game on the Oasys blockchain. Source: X Gold Rush PiP World Read more: Exploring Catizen: A Cat-Raising Crypto Game in the TON Ecosystem Ronin Welcomes Seven New Games And finally, Ronin, the Ethereum gaming chain, announced the addition of seven new games to their network. These new games are part of Ronin Forge, a gateway for developers to build on the network. Studios like Tatsumeeko are joining, with the popular Japanese roleplaying game migrating to Ronin after previously being on Immutable X and Solana. Additionally, Captain Tsubasa: Rivals has launched, and sportswear giant Puma has partnered with soccer game UNKJD to bring exclusive in-game skins. Meanwhile, Oasys launched SG Verse, supporting the Kai Battle of Three Kingdoms, a game licensed by the gaming behemoth Sega. Conclusion From the nostalgic return of Flappy Bird to the promising new projects on Ronin, this week in crypto gaming has been filled with excitement. As more games embrace blockchain technology, the lines between traditional gaming and crypto continue to blur. Whether you're tapping away in a Telegram game or battling for prizes in Dookey Dash, one thing’s clear: the future of gaming is on the blockchain, and it’s here to stay.
Gameshift: Google Cloud and Solana Labs Bridge Web2 Gaming with Web3 Tech
Solana Labs and Google Cloud have launched Gameshift, a new API designed to integrate Web3 components like NFTs and digital assets into traditional Web2 gaming. The partnership aims to simplify blockchain adoption in gaming while expanding Solana's ecosystem through new collaborations and DeFi growth. Quick Take Google Cloud and Solana Labs launch Gameshift, a new gaming development API that integrates Web2 and Web3 services. Gameshift aims to simplify the integration of NFTs and digital assets for Web2 game developers. Travala integrates Solana blockchain for bookings, rewards, and zero-fee transactions. Solana blockchain’s decentralized finance (DeFi) ecosystem surpasses $5 billion in Total Value Locked (TVL). Solana Labs and Google Cloud Join Forces for Gameshift Solana and Google Cloud collaboratiobn | Source: Google Cloud Solana Labs and Google Cloud have teamed up to launch Gameshift, a cutting-edge API that aims to bridge the gap between traditional Web2 gaming and emerging Web3 technology, according to an official update by Google Cloud. This collaboration was revealed during the 2024 Solana Breakpoint conference at the “Gamer Village” event. Available on Google Cloud Marketplace, Gameshift offers a suite of tools for developers eager to infuse blockchain-based features, such as non-fungible tokens (NFTs) and digital assets, into their games. This new tool marks the next phase in the ongoing partnership between Google Cloud and Solana Labs, following their 2022 announcement that Google Cloud had become a node validator on Solana’s blockchain. Read more: What Is Solana Seeker Phone, and How to Buy It? A Seamless Bridge from Web2 to Web3 Gameshift offers a comprehensive set of foundational Web3 services that simplify the integration of blockchain technology for developers operating within the Google Cloud ecosystem. Developers working on Web2 games can now add Web3 components without the technical burden of navigating the complexities of blockchain infrastructure. Jack Buser, Director for Games at Google Cloud, acknowledged the challenges many game studios face when exploring Web3. He emphasized that Gameshift is designed to remove the complexities of Web3 integration, helping game studios focus on what they do best—developing engaging content. “Game studios are already overburdened,” Buser said. “They need solutions like Gameshift that provide simplified technical and cultural interfaces to Web3.” Solana’s Web3 Ecosystem Expands Beyond Smartphones The partnership between Solana Labs and Google Cloud has been instrumental in propelling Solana’s position in the Web3 space. At the 2022 Solana Breakpoint conference, the duo announced several innovations, including a Web3 store and a blockchain-enabled smartphone - Solana Saga. In 2024, they’ve continued to build on this foundation with Gameshift. Developers can now use Google Cloud’s infrastructure to integrate secure blockchain features into their games, enhancing the gaming experience with decentralized services and digital ownership. Read more: Solana Unveils the Seeker Smartphone: A New Era for Web3 Mobile Technology Travala Integrates Solana for Travel Rewards The Solana blockchain isn’t just making waves in gaming. Travala, a crypto-native travel platform, recently announced its integration of Solana for travel bookings and rewards. Through this integration, users can pay for bookings using Solana (SOL) and stablecoins like USDT and USDC. Travala users will also be able to receive up to 10% of their bookings back in SOL rewards via Travala’s loyalty program. Travala’s CEO, Juan Otero, highlighted Solana’s scalability and cost-effectiveness, calling the platform an innovation driver within the blockchain industry. The addition of SOL to Travala’s supported cryptocurrencies allows Solana’s growing user base to enjoy seamless transactions with zero fees. Solana’s DeFi Ecosystem Grows, TVL Crosses $5B Solana DeFi TVL | Source: DefiLlama The decentralized finance (DeFi) landscape on Solana continues to expand. For the first time, Solana’s Total Value Locked (TVL) in DeFi has surpassed $5 billion, thanks to a significant surge in activity across decentralized applications (dApps) on the platform. Jupiter, one of Solana’s leading DeFi protocols, has played a pivotal role in this growth. Its TVL recently reached an all-time high, further strengthening Solana’s position in the DeFi ecosystem. This boom in DeFi activity has contributed to the rising demand for SOL as users interact with protocols on the network. Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem Solana’s Challenges: Daily Active Addresses Decline to 3.5M Solana’s active addresses | Source: Artemis Despite Solana’s impressive metrics, challenges remain. Data shows a decline in daily active addresses, which dropped from a one-year high of 5.5 million addresses in September to 3.5 million recently. This indicates that short-term engagement with Solana’s network is slowing, although the long-term outlook remains promising. In terms of decentralized application activity, Solana has seen a dip in dApp volumes. Recent data shows a 70% drop in dApp volumes compared to the high recorded in August 2024. For Solana to continue its upward trajectory, developers must continue to build engaging dApps that attract users and drive demand for SOL. In the previous months of 2024, Solana enjoyed heightened on-chain activity thanks to the memecoin frenzy and the launch of Pump.fun memecoin launchpad. However, Solana-based memecoins experienced a decline in interest among investors as the market sentiment dipped. Additionally, the launch of SunPump memecoin launchpad pulled away memecoin creators and traders from Solana to the TRON ecosystem in summer of 2024. SOL Price Rally Slows: Can It Cross $200? Solana’s native token, SOL, has experienced a rollercoaster year in terms of price action. Recently, SOL bounced from a multi-month support level, surging from $127 to $151. However, on-chain data suggests that Solana’s rally may be losing steam. The long/short ratio currently indicates that traders remain cautious about SOL’s short-term prospects. With slightly more short positions than long ones, market participants are signaling uncertainty about whether SOL can rally to $200 in the near future. However, with continued innovation in Web3 gaming, DeFi expansion, and integrations like Travala, Solana’s long-term fundamentals remain strong. The recent developments at the Solana Breakpoint conference signal that the blockchain is committed to advancing its ecosystem and bridging the gap between Web2 and Web3. Conclusion The launch of Gameshift by Solana Labs and Google Cloud is a major step toward Web3 adoption, simplifying blockchain integration for traditional gaming. While Solana faces challenges like declining network activity and volatile SOL prices, its ongoing innovations and partnerships highlight a strong potential for growth across industries. Read more: Top Crypto Projects in the Solana Ecosystem to Watch in 2024
Hamster Kombat Mini Game Puzzle Solution, September 24, 2024
Hello, Hamster Kombat CEO! Hamster Kombat Season 1 concluded on September 20, 2024, ending in-game Hamster Coin mining and the removal of Daily Cipher challenges. The game has now entered an interlude phase in preparation for the highly anticipated $HMSTR token airdrop. A snapshot of player activity was taken on September 20, and the Token Generation Event (TGE) is set for September 26, 2024. With just 2 days remaining until the $HMSTR token launch and airdrop, it's advisable for you to stay engaged by solving daily challenges to maintain your edge as a Hamster Kombat player. Hamster Kombat’s mini-game puzzle offers a chance to earn valuable golden keys, with the mining phase ending on September 20, 2024. Quick Take Solve today's Hamster Kombat mini-game puzzle and claim your daily golden key for the day. Hamster Kombat kicked off its “Interlude Season” on September 20 before the token airdrop launch.The $HMSTR token airdrop and TGE event will take place on September 26, 2024. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games. Starting on September 13, 2024, Hamster Kombat began offering off-chain deposits to exchanges where $HMSTR will be listed. After the TGE, you can withdraw your tokens to Telegram @Wallet, TON-based DEX EBI Exchange, or other linked wallets. If no option is selected, the tokens will be airdropped to your default TON wallet linked to the game. In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, September 24, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Exciting News: Hamster Kombat ($HMSTR) trading is now live in Pre-Market Trading. You can place buy or sell orders for $HMSTR ahead of its official spot market listing. Hamster Kombat’s New Hexa Puzzle Mini-Game to Mine Dimonds In addition to the sliding puzzle, Hamster Kombat has introduced the Hexa Puzzle, a match-based game that allows you to stack tiles on a hexagonal grid and continuously earn Hamster diamonds. It’s a fantastic way to accumulate diamonds ahead of the token launch, with no restrictions. Earn More Keys From the Playground Before the $HMSTR Airdrop The Playground feature offers opportunities to earn valuable keys by engaging with partner games. Each game provides up to four keys, directly boosting your airdrop allocation. Here’s how to participate: Select a Game: Choose from 10 available games, including Train Miner, Zoopolis, and Merge Away. Complete Tasks: Play and complete tasks to unlock keys. Redeem in Hamster Kombat: Enter your key code in Hamster Kombat to boost your airdrop allocation. These games are simple, free-to-play, and enhance your earning potential for the upcoming $HMSTR airdrop. Hamster Kombat Kicked of Interlude Season, Airdrop Coming on September 26, 2024 The conclusion of Hamster Kombat Season 1 doesn’t mark the end of the game, as players now enter the Interlude Season. This warm-up phase will last a few weeks before the launch of Season 2. During this period, players can focus on farming diamonds, which will provide advantages in the upcoming season. The more diamonds you collect, the greater the benefits in Season 2. The Interlude Season offers a valuable opportunity for players to prepare and get ahead before new challenges and rewards are introduced. Read More: Hamster Kombat Welcomes the Interlude Season Before the Token Airdrop on September 26 The highly anticipated $HMSTR token airdrop is scheduled for September 26, 2024. Sixty percent of the total token supply will be distributed to eligible players, while the rest will go toward market liquidity and ecosystem growth, ensuring long-term sustainability. To maximize your airdrop allocation, stay active by earning keys and diamonds, which play a pivotal role in determining your share. After the TGE, players can withdraw their tokens to selected CEXs, Telegram @Wallet, or other TON-based wallets. How to Grow Your Hamster Rewards Before the Airdrop Upgrade Your Exchange: Invest Hamster diamonds into cards and upgrades for passive income. Solve Daily Challenges: Solve diamond code to unlock diamonds which will play a role in the upcoming token launch. Invite Friends: Refer new players and earn rewards through group tasks. Engage on Social Media: Participate in YouTube tasks for bonus diamonds. Read more: Hamster Kombat Announces Token Airdrop and Launch on The Open Network for September 26 Hamster Kombat Airdrop Task 1 Goes Live: How to Link Your TON Wallet Hamster Kombat Adds Airdrop Allocation Points Feature Ahead of HMSTR Airdrop Conclusion As the $HMSTR token launch approaches, it’s essential to stay active in Hamster Kombat’s daily puzzles and Playground games. Collect as many keys as possible to boost your airdrop allocation and prepare for the TGE on September 26. With the mining phase ending on September 23 and the snapshot for the Season 1 airdrop being taken, now is the time to maximize your efforts and stay ahead in the game. For more updates and details, bookmark this page and follow KuCoin News. Read more: How to Buy and Sell Hamster Kombat (HMSTR) Tokens: A Comprehensive Guide
Solana Unveils the Seeker Smartphone: A New Era for Web3 Mobile Technology
Meta Description: Discover how the Seeker smartphone by Solana is revolutionizing mobile technology with its seamless integration of decentralized systems and digital currencies. Explore how this cutting-edge device could reshape finance, investments, and the future of mobile tech, offering a glimpse into a world where blockchain and mobile devices merge for a more secure and accessible digital experience. Solana Labs has officially launched its latest innovation, the “Seeker” smartphone which is set to release its second crypto phone in 2025, as announced by Solana Mobile during the Token 2049 conference last Thursday, September 19, 2024. Positioning it as a groundbreaking Web3 mobile device and with a price point that’s almost half of its predecessor, Seeker is designed to appeal to a wider audience while offering enhanced features that go beyond just the memecoin community. The first Solana smartphone, the Saga, faced some criticism for its technical limitations compared to mainstream devices like the iPhone and Google Pixel. However, Seeker addresses those concerns with a superior screen, upgraded cameras, and a more efficient battery, earning it the tagline, “lighter, brighter, and better”. Read more: Top Solana Memecoins to Watch in 2024 Source: Solana Mobile Seeker: A More Accessible Path to Web3 After the sellout success of the Solana Saga, Solana Mobile is back with its next groundbreaking device: Seeker. Launched earlier this year under the codename “Chapter Two”, the Seeker has already generated significant buzz, with over 140,000 units pre-sold in 57 countries. This strong demand has spurred even more development within the Solana community, with teams already building decentralized apps (dApps), rewards, and unique features exclusively for Seeker in anticipation of its release. Anatoly Yakovenko, Solana Co-Founder and CEO of Solana Labs, expressed his excitement about the project: "We founded Solana Mobile with the mission of taking crypto mobile. To achieve that, we needed to make Seeker more accessible, more affordable, and for its hardware and software to be even more deeply integrated for Web3. The support from the Solana community has been incredible, and with features like the new Seed Vault Wallet and the updated Solana dApp Store, we believe Seeker will be the definitive Web3 mobile device when it launches next year." Here’s a closer look at the key features Solana has unveiled for Seeker: Seed Vault Wallet: Seeker will feature a mobile-first crypto wallet designed for Web3 users. Natively integrated with the device, the self-custodial Seed Vault ensures secure and seamless transactions. Double-tap confirmations and simplified account management are just a few of the features Solana has incorporated in collaboration with Solflare to enhance the Web3 experience. Solana dApp Store 2.0: The updated Solana dApp Store will be a game-changer for decentralized applications. With enhanced discoverability for apps across categories such as Payments, DeFi, DePIN, NFTs, AI, and Gaming, users will have an easier time finding and using Web3 tools. The addition of a rewards tracker also promises to add more value to everyday usage. Seeker Genesis Token: One of the most anticipated features of the Seeker is its Genesis Token, a unique soulbound NFT. This token will unlock a wide range of opportunities, from exclusive access to rewards and offers to content within the Solana ecosystem. It's more than just a feature—it's a gateway to deeper engagement with Web3. Improved Hardware: Solana hasn't just focused on the software side. The Seeker is a major hardware upgrade from the Saga, offering a lighter design, a brighter display, improved camera quality, and extended battery life. These improvements ensure that the Seeker can stand toe-to-toe with other leading smartphones while carving out its space as a Web3-centric device. As the rollout of Seeker approaches, excitement is building. With a robust feature set and deep community support, it’s positioned to be a flagship mobile device in the Web3 space, pushing the boundaries of what a smartphone can offer in this rapidly growing ecosystem. Read More: Best Bitcoin Wallets in 2024 Source: X An Open DApp Store: A Hub for Innovation One of the standout features of the Seeker smartphone is its open and unrestricted DApp store. According to Hollyer, the vision behind this platform is to enable developers to launch and deploy their apps rapidly, keeping users at the forefront of new trends and use cases in the decentralized world. If you're excited about being among the first to explore the latest DeFi apps or dive into the next memecoin game, the Seeker's DApp store offers just that. Unlike the restrictive environments of Apple and Google, the Seeker removes barriers by eliminating fees, allowing developers the freedom to innovate and bring their ideas to life without sacrificing a portion of their profits. This model fosters a creative and open ecosystem, positioning the Seeker as a game-changer in the mobile tech landscape. Airdrops Worth $265 for Seeker Users While the Seeker seeks to transcend its predecessor's “memecoin phone” label, the rewards might not be as substantial this time around. Solana’s mobile airdrop tracker, TwoLoot, reveals that Seeker users can expect around $265 worth of airdropped tokens—significantly lower than the $1,350 received by Saga users. Still, Solana emphasizes that Seeker’s true value lies in its potential to provide a more immersive, crypto-integrated mobile experience. One of the standout features is its zero-fee App Store, a space designed for crypto innovation. Unlike traditional app stores run by Apple and Google, which take a hefty 30% cut from developers and impose stringent review processes, Seeker’s app ecosystem is tailored for Web3 projects. This means decentralized token launchpads, like memecoin deployer pump.fun, can thrive without navigating the complex hurdles imposed by current App Store policies. With this focus, Seeker aims to become a hub for token launchpads and a variety of Web3 applications. Source: X Supporting DePIN Apps and Expanding Web3 Possibilities Seeker also plans to integrate with Decentralized Physical Infrastructure Network (DePIN) apps, such as Helium and Infield, further advancing its position in the Web3 landscape. Solana has touted the Seeker as “the definitive Web3 mobile device,” with hardware and software seamlessly harmonized for decentralized applications. Read more: Top Crypto Projects in the Solana Ecosystem to Watch in 2024 The Saga and the Success of BONK Seeker’s predecessor, the Saga, launched in May last year but initially struggled to find its footing in a competitive tech market. Early reviews were mixed, with neither tech experts nor crypto enthusiasts showing much enthusiasm. However, a significant change occurred in December when the memecoin Bonk (BONK) surged by 1,000%, leading to a sudden sellout of the Saga by mid-December. Building on that momentum, Solana hopes to replicate some of that success with Seeker. The company reports that around 140,000 people have already pre-ordered the device, priced between $450 and $500. Solana has assured these early adopters that they will have access to various rewards, but stresses that Seeker offers much more than just an opportunity to ride the wave of memecoin trends. Final Thoughts: Seeker’s Future in the Web3 Ecosystem The Seeker smartphone represents Solana’s commitment to making Web3 technology more accessible and practical for everyday use. With its zero-fee App Store, integration with DePIN apps, and a decentralized platform that caters to the evolving needs of crypto users, Seeker is more than just an upgrade from Saga—it’s a leap forward for Web3 mobile devices. While the token rewards may not be as large as some users expected, Solana’s long-term strategy focuses on creating a seamless, integrated experience that puts decentralized applications at users' fingertips. As the Web3 ecosystem continues to evolve, the Seeker smartphone could very well be at the forefront of this mobile revolution. However, challenges remain, including addressing Solana’s past network outages and competing with established mobile giants to ensure the device delivers lasting value. Read More: Top Solana Memecoins to Watch in 2024 Solana vs. Ethereum: Which Is Better in 2024
Hamster Kombat Mini Game Puzzle Solution, September 23, 2024
Hello, Hamster Kombat CEO! Hamster Kombat Season 1 concluded on September 20, 2024, ending in-game Hamster Coin mining and the removal of Daily Cipher challenges. The game has now entered an interlude phase in preparation for the highly anticipated $HMSTR token airdrop. A snapshot of player activity was taken on September 20, and the Token Generation Event (TGE) is set for September 26, 2024. With just 3 days remaining until the $HMSTR token launch and airdrop, you must stay engaged by solving daily challenges to maintain your edge as a Hamster Kombat player. Hamster Kombat’s mini-game puzzle offers a chance to earn valuable golden keys, with the mining phase ending on September 20, 2024. Quick Take Solve today's Hamster Kombat mini-game puzzle and claim your daily golden key for the day. Hamster Kombat kicked off its “Interlude Season” on September 20 before the token airdrop launch.The $HMSTR token airdrop and TGE event will take place on September 26, 2024. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games. Starting on September 13, 2024, Hamster Kombat began offering off-chain deposits to exchanges where $HMSTR will be listed. After the TGE, you can withdraw your tokens to Telegram @Wallet, TON-based DEX EBI Exchange, or other linked wallets. If no option is selected, the tokens will be airdropped to your default TON wallet linked to the game. In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, September 23, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Exciting News: Hamster Kombat ($HMSTR) trading is now live in Pre-Market Trading. You can place buy or sell orders for $HMSTR ahead of its official spot market listing. Hamster Kombat’s New Hexa Puzzle Mini-Game to Mine Dimonds In addition to the sliding puzzle, Hamster Kombat has introduced the Hexa Puzzle, a match-based game that allows you to stack tiles on a hexagonal grid and continuously earn Hamster diamonds. It’s a fantastic way to accumulate diamonds ahead of the token launch, with no restrictions. Earn More Keys From the Playground Before the $HMSTR Airdrop The Playground feature offers opportunities to earn valuable keys by engaging with partner games. Each game provides up to four keys, directly boosting your airdrop allocation. Here’s how to participate: Select a Game: Choose from 10 available games, including Train Miner, Zoopolis, and Merge Away. Complete Tasks: Play and complete tasks to unlock keys. Redeem in Hamster Kombat: Enter your key code in Hamster Kombat to boost your airdrop allocation. These games are simple, free-to-play, and enhance your earning potential for the upcoming $HMSTR airdrop. Hamster Kombat Kicked of Interlude Season, Airdrop Coming on September 26, 2024 The conclusion of Hamster Kombat Season 1 doesn’t mark the end of the game, as players now enter the Interlude Season. This warm-up phase will last a few weeks before the launch of Season 2. During this period, players can focus on farming diamonds, which will provide advantages in the upcoming season. The more diamonds you collect, the greater the benefits in Season 2. The Interlude Season offers a valuable opportunity for players to prepare and get ahead before new challenges and rewards are introduced. Read More: Hamster Kombat Welcomes the Interlude Season Before the Token Airdrop on September 26 The highly anticipated $HMSTR token airdrop is scheduled for September 26, 2024. Sixty percent of the total token supply will be distributed to eligible players, while the rest will go toward market liquidity and ecosystem growth, ensuring long-term sustainability. To maximize your airdrop allocation, stay active by earning keys and diamonds, which play a pivotal role in determining your share. After the TGE, players can withdraw their tokens to selected CEXs, Telegram @Wallet, or other TON-based wallets. How to Grow Your Hamster Rewards Before the Airdrop Upgrade Your Exchange: Invest Hamster diamonds into cards and upgrades for passive income. Solve Daily Challenges: Solve diamond code to unlock diamonds which will play a role in the upcoming token launch. Invite Friends: Refer new players and earn rewards through group tasks. Engage on Social Media: Participate in YouTube tasks for bonus diamonds. Read more: Hamster Kombat Announces Token Airdrop and Launch on The Open Network for September 26 Hamster Kombat Airdrop Task 1 Goes Live: How to Link Your TON Wallet Hamster Kombat Adds Airdrop Allocation Points Feature Ahead of HMSTR Airdrop Conclusion As the $HMSTR token launch approaches, it’s essential to stay active in Hamster Kombat’s daily puzzles and Playground games. Collect as many keys as possible to boost your airdrop allocation and prepare for the TGE on September 26. With the mining phase ending on September 23 and the snapshot for the Season 1 airdrop being taken, now is the time to maximize your efforts and stay ahead in the game. For more updates and details, bookmark this page and follow KuCoin News. Read more: How to Buy and Sell Hamster Kombat (HMSTR) Tokens: A Comprehensive Guide