Bitcoin Price Outlook for September
After weeks of consolidation, bitcoin has started the second half of September in relatively bullish fashion. Prices have once again surged above the $27,000 level, which comes as traders attention turns to the upcoming Federal Reserve meeting. Prior to this, we explore how the price of bitcoin may move for the remainder of the month.
Current Market StatusThe first fortnight of September has been largely non-eventful, with bitcoin mostly consolidating below $26,500.This comes as volatility in the market hovered close to a five-year low in August, with trading volume amongst exchanges falling by $52 billion.However, as we move into the fall, there has been a slight rise in volatility, mostly led by a rise in both inflation and retail sales in the United States.Markets have used this as confirmation that the Federal Reserve will hike rates later this week, which could lead to dollar strength.
September Outlook
After weeks of consolidation, bitcoin has started the second half of September in relatively bullish fashion. Prices have once again surged above the $27,000 level, which comes as traders attention turns to the upcoming Federal Reserve meeting. Prior to this, we explore how the price of bitcoin may move for the remainder of the month.
Current Market StatusThe first fortnight of September has been largely non-eventful, with bitcoin mostly consolidating below $26,500.This comes as volatility in the market hovered close to a five-year low in August, with trading volume amongst exchanges falling by $52 billion.However, as we move into the fall, there has been a slight rise in volatility, mostly led by a rise in both inflation and retail sales in the United States.Markets have used this as confirmation that the Federal Reserve will hike rates later this week, which could lead to dollar strength.
September Outlook
Bitcoin Difficulty Soars to Record 62.46 Trillion, Miners Unfazed Amidst Tight Competition Between Foundry and Antpool
On October 29, 2023, Bitcoin’s difficulty rose 2.35%, reaching a record 62.46 trillion. This uptick represented the fourth consecutive rise over the preceding six weeks. The next difficulty epoch is slated for November 12, 2023, and as it stands, the recent spate of increases seems to have left miners undeterred, with the total hashrate demonstrating both resilience and stability.
Bitcoin Difficulty Marks 2.35% Uptick in Fourth Consecutive RiseAfter a 6.47% increase on October 16, Bitcoin’s difficulty has risen again. On October 29, 2023, at block height 814,464, the network saw a 2.35% boost in difficulty, moving from 61.03 trillion to a new high of 62.46 trillion.
This development has made mining bitcoin block rewards more challenging than at any previous point in history. Despite this increased complexity, bitcoin miners remain unfazed, sustaining a total hashrate of just above 450 exahash per second (EH/s).
On October 29, 2023, Bitcoin’s difficulty rose 2.35%, reaching a record 62.46 trillion. This uptick represented the fourth consecutive rise over the preceding six weeks. The next difficulty epoch is slated for November 12, 2023, and as it stands, the recent spate of increases seems to have left miners undeterred, with the total hashrate demonstrating both resilience and stability.
Bitcoin Difficulty Marks 2.35% Uptick in Fourth Consecutive RiseAfter a 6.47% increase on October 16, Bitcoin’s difficulty has risen again. On October 29, 2023, at block height 814,464, the network saw a 2.35% boost in difficulty, moving from 61.03 trillion to a new high of 62.46 trillion.
This development has made mining bitcoin block rewards more challenging than at any previous point in history. Despite this increased complexity, bitcoin miners remain unfazed, sustaining a total hashrate of just above 450 exahash per second (EH/s).
Robert Kiyosaki Warns ‘This Next Crash May Turn Into a Depression’
Rich Dad Poor Dad author Robert Kiyosaki has warned that a soft landing for the U.S. economy is a fantasy, emphasizing that a crash landing is more likely. Noting that he already warned of this giant crash in his Rich Dad’s Prophecy book, the famous author stressed: “This next crash may turn into a depression.”
Robert Kiyosaki on Giant Crash and a DepressionThe author of Rich Dad Poor Dad, Robert Kiyosaki, has once again sounded the alarm about the U.S. economy. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Rich Dad Poor Dad author Robert Kiyosaki has warned that a soft landing for the U.S. economy is a fantasy, emphasizing that a crash landing is more likely. Noting that he already warned of this giant crash in his Rich Dad’s Prophecy book, the famous author stressed: “This next crash may turn into a depression.”
Robert Kiyosaki on Giant Crash and a DepressionThe author of Rich Dad Poor Dad, Robert Kiyosaki, has once again sounded the alarm about the U.S. economy. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Venture Capitalist Kevin O’Leary Says He Would Never Purchase a Bitcoin ETF – Here’s Why
Prominent Shark Tank investor Kevin O’Leary went on record last week saying that he would personally stay away from Bitcoin (BTC) exchange-traded funds (ETFs).
In a new interview with Fox Business, the venture capitalist says that he believes the fees associated with holding Bitcoin ETFs aren’t worth it.
Prominent Shark Tank investor Kevin O’Leary went on record last week saying that he would personally stay away from Bitcoin (BTC) exchange-traded funds (ETFs).
In a new interview with Fox Business, the venture capitalist says that he believes the fees associated with holding Bitcoin ETFs aren’t worth it.
Option2Trade (O2T)’s Life-Changing $888k Giveaway Embraced By Ordi (ORDI) Holders
Ordi (ORDI) holders are embracing the Option2Trade (O2T) platform, which offers a unique blend of AI and DeFi trading capabilities. The $888k giveaway is attracting many, who see it as a gateway to a new era of innovation and growth in the cryptocurrency market. This strategic move reflects a growing trend among crypto holders towards platforms offering technological innovation and substantial growth opportunities.
Ordi (ORDI) holders are embracing the Option2Trade (O2T) platform, which offers a unique blend of AI and DeFi trading capabilities. The $888k giveaway is attracting many, who see it as a gateway to a new era of innovation and growth in the cryptocurrency market. This strategic move reflects a growing trend among crypto holders towards platforms offering technological innovation and substantial growth opportunities.
UK Regulators Release Guidance for ‘Finfluencers’ and Memes Promoting Financial Products
Regulators in the United Kingdom are releasing new regulations for influencers and memes that promote financial products.
In a new press release, the UK’s Financial Conduct Authority (FCA) is giving out new guidelines on how social media can be used to promote financial products, including fintech and digital assets, as a means of combating fraud.
Regulators in the United Kingdom are releasing new regulations for influencers and memes that promote financial products.
In a new press release, the UK’s Financial Conduct Authority (FCA) is giving out new guidelines on how social media can be used to promote financial products, including fintech and digital assets, as a means of combating fraud.
Dormant Bitcoin Wallet With 687 BTC Suddenly Awakens After 10 Years
A dormant “Satoshi Era” wallet containing 687 Bitcoin valued at approximately $43.9 million has been activated after a decade of inactivity. The wallet, which first received the Bitcoin in 2014, has been dormant since then, accumulating a staggering 7446.58% profit due to the cryptocurrency’s price appreciation.
According to Lookonchain, a service that tracks large crypto transactions, the wallet was first activated on January 12, 2014, when the Bitcoin price was around $917 per coin. It has been untouched since then, and Bitcoin has held its value high despite the market’s volatility.
A dormant “Satoshi Era” wallet containing 687 Bitcoin valued at approximately $43.9 million has been activated after a decade of inactivity. The wallet, which first received the Bitcoin in 2014, has been dormant since then, accumulating a staggering 7446.58% profit due to the cryptocurrency’s price appreciation.
According to Lookonchain, a service that tracks large crypto transactions, the wallet was first activated on January 12, 2014, when the Bitcoin price was around $917 per coin. It has been untouched since then, and Bitcoin has held its value high despite the market’s volatility.
CoinStats Launches Degen Plan With Improved and Exclusive Options
Renowned cryptocurrency portfolio tracker CoinStats has added a powerful service package to its list following the launch of its anticipated Degen plan.
Designed to offer advanced analytics services, the Degen plan will feature all services provided in the CoinStats premium package and additional VIP Support services such as dedicated channels, community seats, and personalized features upon request.
Degen Plan Offers Unlimited Daily Portfolio SyncsThis development comes as the crypto bull market moves up a gear, aiming to provide investors with exclusive and advanced trading tools to help them maximize profits.
As part of its commitment to helping investors capitalize on crypto market trends, the platform recently released an AI-powered exit strategy product to help its users maximize profits.
Renowned cryptocurrency portfolio tracker CoinStats has added a powerful service package to its list following the launch of its anticipated Degen plan.
Designed to offer advanced analytics services, the Degen plan will feature all services provided in the CoinStats premium package and additional VIP Support services such as dedicated channels, community seats, and personalized features upon request.
Degen Plan Offers Unlimited Daily Portfolio SyncsThis development comes as the crypto bull market moves up a gear, aiming to provide investors with exclusive and advanced trading tools to help them maximize profits.
As part of its commitment to helping investors capitalize on crypto market trends, the platform recently released an AI-powered exit strategy product to help its users maximize profits.
Memereum Sells Over 23 Million Tokens in Presale As it Nears the 24 Million Mark
Memereum (MEME), a new altcoin, has shown impressive performance during its initial coin offering (ICO) presale, with over 23 million tokens sold and approaching the 24 million milestone. The project has managed to attract over 8,000 users to its platform.
The pre-sale started at $0.01 and, thanks to a strategic maneuver by the team, has now reached $0.039. Users who got in on Memereum from the start have witnessed their holdings skyrocket by nearly 400%. Memereum stands out for being the pioneer in blockchain insurance, boasting its insured decentralized exchange called MemeSwap.
Memereum (MEME), a new altcoin, has shown impressive performance during its initial coin offering (ICO) presale, with over 23 million tokens sold and approaching the 24 million milestone. The project has managed to attract over 8,000 users to its platform.
The pre-sale started at $0.01 and, thanks to a strategic maneuver by the team, has now reached $0.039. Users who got in on Memereum from the start have witnessed their holdings skyrocket by nearly 400%. Memereum stands out for being the pioneer in blockchain insurance, boasting its insured decentralized exchange called MemeSwap.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Trader Says Explosive Move Around the Corner for DeFi Altcoin, Updates Outlook on XRP and Ethereum
A closely followed crypto strategist says one under-the-radar decentralized finance altcoin looks ready for a big upside move.
Pseudonymous analyst Credible Crypto tells his 403,900 followers on the social media platform X that he’s bullish on the native asset of the decentralized exchange and automated market maker Convex Finance (CVX).
A closely followed crypto strategist says one under-the-radar decentralized finance altcoin looks ready for a big upside move.
Pseudonymous analyst Credible Crypto tells his 403,900 followers on the social media platform X that he’s bullish on the native asset of the decentralized exchange and automated market maker Convex Finance (CVX).
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Crypto Trader Unveils ‘Ultimate’ Target for Bitcoin Price Before Reversal – Here’s His Outlook
An analyst with a fast-growing following says he has one price target for Bitcoin’s (BTC) bottom before a bullish reversal could take place.
The pseudonymous trader known as Credible Crypto tells his 415,000 followers on the social media platform X that he’s anticipating BTC to pull off a relief rally before heading down further.
An analyst with a fast-growing following says he has one price target for Bitcoin’s (BTC) bottom before a bullish reversal could take place.
The pseudonymous trader known as Credible Crypto tells his 415,000 followers on the social media platform X that he’s anticipating BTC to pull off a relief rally before heading down further.
Henley Crypto Adoption Index 2024: Singapore Leads Global Crypto Adoption, UAE and Hong Kong Follow
A new report from investment immigration consulting firm Henley & Partners reveals that Singapore is the global leader in cryptocurrency adoption. The report, part of the Henley Crypto Adoption Index 2024, highlights Singapore’s top position due to its supportive regulatory environment and widespread public use of cryptocurrencies.
The survey also revealed that out of 60 points, Singapore was leading with 45.7 points in the index. Singapore has been ranked highly because of its advanced regulation of crypto, with the Payment Services Act to regulate digital payment tokens. The Monetary Authority of Singapore (MAS) has also been active with initiatives such as Project Orchid and Project Guardian which focus on blockchain and tokenization opportunities.
A new report from investment immigration consulting firm Henley & Partners reveals that Singapore is the global leader in cryptocurrency adoption. The report, part of the Henley Crypto Adoption Index 2024, highlights Singapore’s top position due to its supportive regulatory environment and widespread public use of cryptocurrencies.
The survey also revealed that out of 60 points, Singapore was leading with 45.7 points in the index. Singapore has been ranked highly because of its advanced regulation of crypto, with the Payment Services Act to regulate digital payment tokens. The Monetary Authority of Singapore (MAS) has also been active with initiatives such as Project Orchid and Project Guardian which focus on blockchain and tokenization opportunities.
The new big memcoin on SunPump is gaining momentum
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
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The First Meme Fair Launch Platform on Tron:swap,earn,meme culture,instantly tradable without having to seed liquidity