Here are the news for you today.
BITCOIN (BTC)
Current Price: $ 21,723 (24h Changes: 0.71 %)
Current Market Cap: $ 415,991,974,555 (24h Changes: 0.55 %)
Positive News
$BTC: Canada's New Conservative Party Leader Pierre Poilievre Is a Bitcoiner
Source: CryptoGlobe
Sun, 11 Sep 2022 15:09:44
On Saturday (September 10), Pierre Poilievre — who said back in March that he would make Canada “the Blockchain capital of the world” if he becomes the next Prime Minister — won the leadership vote of the Conservative Party of Canada.
Bitcoin to $40,000? Analyst Explains Why This Might Happen
Source:
Sun, 11 Sep 2022 14:33:00
The $40,000 level is a "big upside target" for Bitcoin, according to this analyst
MicroStrategy To Purchase More Bitcoin From Proceeds Of A $500 Million Stock Sale
Source: Zycrypto
Sun, 11 Sep 2022 14:00:48
MicroStrategy, the largest publicly listed Bitcoin holding company in the world, plans to double down on its BTC purchases using proceeds from a $500 million sale of its stock.
Neutral News
Crypto traders eye ATOM, APE, CHZ and QNT as Bitcoin flashes bottom signs
Source: Cointelegraph
Sun, 11 Sep 2022 15:52:45
Bitcoin, ATOM, APE, CHZ and QNT are facing resistance at higher levels, but the chart patterns suggest that the current recovery may extend for a few more days.
Bitcoin Taker Buy Sell Ratio Hits Highest Value in 636 days
Source:
Sun, 11 Sep 2022 15:00:25
On-chain data shows the Bitcoin taker buy sell ratio has surged up to a high not seen since almost two years ago. Bitcoin Taker Buy Sell Ratio Observes Uplift In Recent Days As pointed out by an analyst in a CryptoQuant post, the taker buy sell ratio is now at its highest value in 636 days.
Bitcoin Academy in Brooklyn Backed by Jay-Z and Jack Dorsey Airdrops BTC to Class Participants
Source:
Sun, 11 Sep 2022 11:30:45
Rap star Jay-Z, otherwise known as Shawn Carter, and Block CEO Jack Dorsey, recently airdropped bitcoin to members of the Bitcoin Academy in Brooklyn. Jay-Z's mother, Gloria Carter explained in a statement that a myriad of residents from Brooklyn's Bedford-Stuyvesant participated, and more than 350 people attended the crypto classes.
Negative News
Bitcoin Bearish Signal: Long-Term Holder Selling Ramps Up
Source: Bitcoinist
Sun, 11 Sep 2022 15:00:40
On-chain data shows Bitcoin long-term holders have just ramped up their selling as the binary CDD metric shoots up. Bitcoin Binary Coin Days Destroyed Has Observed A Surge As pointed out by an analyst in a CryptoQuant post, long-term holders may be using the recent surge as an opportunity to distribute their coins.
Bitcoin Tests $22K But Worrying Signs Start Flashing (BTC Price Analysis)
Source: CryptoPotato
Sun, 11 Sep 2022 15:00:02
The Bitcoin market is often full of surprises and last week was no exception. Bearish sentiment was dominant, and the cryptocurrency seemed to be days away from creating a new lower low.
U.S. congressman says Bitcoin has ‘no societal value', only suitable for tax evasion
Source:
Sun, 11 Sep 2022 10:09:54
United States congressman from Califonia Brad Sherman has once again slammed Bitcoin (BTC), stating that the flagship cryptocurrency has ‘no societal value'.
ETHEREUM (ETH)
Current Price: $ 1,726.37 (24h Changes: -1.88 %)
Current Market Cap: $ 208,106,763,130 (24h Changes: -2.19 %)
Positive News
Research: As the merge approaches on-chain data suggests ETH used as store of value
Source: CryptoSlate
Sun, 11 Sep 2022 15:50:36
According to on-chain data, as the merge approaches, the dominant behavior across the Ethereum network is to HODL. The post Research: As the merge approaches on-chain data suggests ETH used as store of value appeared first on CryptoSlate.
ETH Needs to Break This Level to Initiate a Sustained Rally (Ethereum Price Analysis)
Source: CryptoPotato
Sun, 11 Sep 2022 15:36:05
Ethereum increased by 25% in the past few days and seems to be a step away from shattering the line that has followed the price since its all-time high was registered in November 2021. Technical Analysis By Grizzly The Daily Chart Ethereum has reached an obstacle on the daily chart.
Source:
Sun, 11 Sep 2022 15:30:06
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week.
Neutral News
Google Is Counting Down to Ethereum Merge with 'Easter Egg' on Search Engine
Source:
Sun, 11 Sep 2022 12:34:04
The feature was floated among Web3 employees and became implemented in less than a couple of weeks.
Study Reveals the Most Interested Country in the Ethereum Merge
Source: CryptoPotato
Sun, 11 Sep 2022 12:15:12
Singapore, Switzerland, and Australia are the most interested nations in Ethereum's shift to PoS, known as "the Merge."
Ethereum's cat herder: Hudson Jameson reflects on the journey to The Merge
Source: The Block
Sun, 11 Sep 2022 08:55:32
Hudson Jameson looks back on his years helping to coordinate Ethereum developers around the world — ahead of Ethereum's big upgrade. The post Ethereum's cat herder: Hudson Jameson reflects on the journey to The Merge appeared first on The Block.
BINANCE (BNB)
Current Price: $ 293.46 (24h Changes: -0.49 %)
Current Market Cap: $ 47,896,836,287 (24h Changes: -0.68 %)
Positive News
BNB Showing Decent Optimism, Massive Gains on TAMA
Source: Inside Bitcoins
Sun, 11 Sep 2022 07:16:54
BNB/USD market is showing encouraging signs, it's price movement is leaping upwards from lower supports.
CARDANO (ADA)
Current Price: $ 0.5 (24h Changes: -1.45 %)
Current Market Cap: $ 17,059,874,367 (24h Changes: -1.92 %)
Positive News
Cardano Outperforms Current Proof-of-stake Chains: Report
Source:
Sun, 11 Sep 2022 09:59:00
Proof-of-stake consensus mechanism powers blockchains
Cardano (ADA) Price Can Rally More Than 100% – Predicts – Coin Bureau
Source: CoinPedia
Sun, 11 Sep 2022 03:13:07
While the overall crypto market is recovering, a renowned crypto analyst and trader is portraying his bullish stance toward a smart contract platform Cardano (ADA).
Neutral News
White House's eye on Cardano can take ADA in this direction
Source: AMBCrypto
Sun, 11 Sep 2022 15:30:45
According to a new White House energy report, Cardano is the one of the largest proof of stake blockchains in the world in terms of electricity consumption and market valuation. This report issued by the White House aims to understand the cryptocurrency space's impact on climate change.
SHIB, ADA Users Can Now Enjoy 8% Cashback on BINANCE Card Purchases: Details
Source:
Sun, 11 Sep 2022 10:39:00
Cryptocurrency users to enjoy 8% rewards while spending on Binance Card
RIPPLE (XRP)
Current Price: $ 0.35 (24h Changes: -1.07 %)
Current Market Cap: $ 17,528,962,427 (24h Changes: -1.37 %)
Positive News
XRP May Break Above $40 Level !
Source: Inside Bitcoins
Sun, 11 Sep 2022 13:08:53
The Ripple price prediction shows that XRP may begin to show a bullish movement if the market could rise above the $0.40 resistance level.
Hike in XRP's marketcap dominance has holders, whales feeling like
Source: AMBCrypto
Sun, 11 Sep 2022 11:00:48
XRP seems to have entered the bullish zone after its breakout from the $0.337-level on the chart. At the time of writing, XRP was trading above the $0.355-level on the back of a 0.5% hike in 24 hours.
XRP gains 10% in a week as short-term technicals point at potential price bottom
Source:
Sun, 11 Sep 2022 08:28:16
XRP has recorded short-term gains in recent days alongside the general cryptocurrency market, at a point investors are looking for
Neutral News
XRP Can Now Be Burned via Bitcoin Payment App on XRPL, Here Is How
Source:
Sun, 11 Sep 2022 11:03:00
New XRPL-built project is here for battle with Lightning Network
Negative News
Ripple Lawsuit Gets Backing From Chamber Involved in Telegram Case, Jeremy Hogan Says What To Watch
Source:
Sun, 11 Sep 2022 12:24:00
Chamber of Digital Commerce wading into Ripple lawsuit
SOLANA (SOL)
Current Price: $ 34.77 (24h Changes: 0.4 %)
Current Market Cap: $ 12,309,342,555 (24h Changes: -0.0 %)
Positive News
NFT mints on Solana have surged to an all-time high
Source: The Block
Sun, 11 Sep 2022 14:05:10
Solana NFT mints surged above 300,000 this week despite a slump in the overall non-fungible token market. The post NFT mints on Solana have surged to an all-time high appeared first on The Block.
AVALANCHE (AVAX)
Current Price: $ 20.34 (24h Changes: -0.23 %)
Current Market Cap: $ 6,018,878,162 (24h Changes: -0.63 %)
Positive News
Avalanche Outmatches Top Cryptos As AVAX Posts 11% Rally In Last 7 Days
Source:
Sun, 11 Sep 2022 11:03:21
Avalanche (AVAX) has recently spiked by as much as 11% in the past seven days, surpassing other leading cryptocurrencies. August shows a whopping 46 million transactions made on the Avalanche network Avalanche network busy with major developments and integrations 4-hour chart for AVAX shows bullish movement It is presumed that the recent developments on the Avalanche network helped immensely with the gains of AVAX.
Avalanche price analysis: AVAX price levels rejoin $20.39 high as bullish trend resumes
Source: Cryptopolitan
Sun, 11 Sep 2022 09:56:04
Avalanche price analysis shows that the AVAX/USD pair is currently in strong bullish market sentiment. The prices are facing some resistance at the $20.77 level.
Assessing if AVAX will be able to maintain its uptrend in the short term
Source: AMBCrypto
Sun, 11 Sep 2022 04:30:40
AVAX recently outperformed several top cryptos by registering a hike of nearly 10% over 7 days. While the price surged, several interesting developments happened on the network, all of which might have played a role in the alt's uptrend.
The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by Pascal Bernardon