ITS Crypto - Invest/Trade/Strategy
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My name is Alex. I have 8+ years of experience using crypto, investments and trading. Here I will share my experience.

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๐Ÿ™‚ BONK memcoin on Solana announces plans to launch ETP in the US

Crypto Vestor - Crypto Trends
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Ethereum recorded nearly a fivefold increase in fees

The average transaction fee on the Ethereum network has risen to $3.98, nearly five times higher compared to early September, when the fee was $0.85. This increase is driven by the rise in network activity and the growing demand for the blockchainโ€™s computational power.

The rising cost of transactions on the second-largest cryptocurrency by market capitalization has also led to a surge in the rate of token burning. On September 1, 80.27 ETH was burned, while by September 21, that number had skyrocketed to 1,360 coins. This reflects the heightened use of the network for various transactions and applications,โ€ฆ

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๐Ÿ—ฃ Pavel Durov reported that the fight against illegal activities in Telegram has been strengthened

According to his statement, the messenger has become much safer, and the terms of use and privacy policy have been updated worldwide.

Durov also noted that IP addresses and phone numbers of those who violate Telegram's terms of use can be provided to law enforcement agencies in response to reasonable legal requests.

ITS Crypto / Invest / Trade / Strategy
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In August cryptocurrency venture firms raised over $2.2 billion

According to The Block, citing data from PitchBook, this figure highlights the ongoing investor interest in the development of blockchain technologies and startups, despite the volatility and uncertainty in cryptocurrency markets.

Notable firms include ParaFi Capital, which raised $120 million, Borderless Capital with $100 million, Hack VC with $77 million, and Robot Ventures with $75 million. These companies demonstrate confidence in the industryโ€™s growth and are ready to invest in new, promising projects.

Dragonfly Capital, one of the major players in the market, plans to raise $500 million, with $250 million already secured. This indicates a high level ofโ€ฆ

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bybit | bingx | okx | Trading Academy๐Ÿ’ฐ | its-crypto.com
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Ethereum-ETF Outflows Hit Record $79.2 Million Since July

On September 23, outflows from spot Ethereum-ETFs reached $79.2 million, according to SoSoValue. The last time such a high figure was recorded was on July 29. This may indicate a declining interest in Ethereum among investors or profit-taking after a recent price increase.

Total net outflows for the entire period have reached $686.7 million, signaling a prolonged capital exit from Ethereum-ETFs.

The cumulative outflow from the Grayscale Ethereum Trust (ETHE) rose to $2.85 billion, with $80.6 million withdrawn on September 23 โ€” the highest since July 31. Despite the recent rise in Ethereumโ€™s price, investors continue to reduce theirโ€ฆ

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๐Ÿ‡บ๐Ÿ‡ธ Members of Congress (42 specifically) have called on SEC Chairman Gary Gensler to demand that banks be allowed to store Bitcoin

ITS Crypto / Invest / Trade / Strategy
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Ethereum continues to gain momentum

It is showing higher growth rates compared to Bitcoin, driven by changes in U.S. monetary policy. The Federal Reserveโ€™s interest rate cut has increased investor interest in riskier assets, including cryptocurrencies.

One of the key drivers of Ethereumโ€™s growth is its rising popularity in the decentralized finance (DeFi) sector and the use of smart contracts, which continue to attract both institutional and retail investors. Additionally, the upcoming Ethereum network upgrade, which is expected to lower transaction fees and improve blockchain efficiency, is fueling optimistic market expectations.

โ€œInvestors see Ethereum not only as a cryptocurrency but also as a technologicalโ€ฆ

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Google Corporation continues to advance its AI technologies

The updated versions of the Gemini 1.5 models are a clear example of this commitment. With these new models, developers can not only create more efficient applications but also significantly reduce costs and development time.

The updated Gemini-1.5-Pro-002 and Gemini-1.5-Flash-002 models showcase improvements in key areas such as coding, mathematical operations, logical reasoning, and video analysis. This makes them indispensable tools for creating high-tech products tailored to modern needs.

Key improvements include:

- A 50% price reduction for the 1.5 Pro model, making it more accessible to a wide range of developers.
- Increased processing speedโ€ฆ

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While others face losses, he secures massive profits with his deep experience and expertise!

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PlanB presented its new long-term forecast

- October is traditionally a green month for BTC - $70k.

- Trump wins the election in November and stops the Democrats' war against cryptocurrencies - $100k.

- December will please with the growth of inflows of funds into spot cryptoETFs - $150k.

- Cryptocurrencies and cryptans will start to make a comeback in January in the US - $200k.

- Correction in February - $150k.

- In March, BTC becomes legal tender in Dubai, Argentina and Bhutan - $300k.

- In April, Trump creates a strategic reserve of BTC - $400k.

- In May, other countries (except EU) start buying BTC - $500k.

- In June, AI starts trading cryptocurrencies and has a stampede - $600k

- Massive FOMO from July to December - $1kk.

- Bear market starts in 2026 ($500k) and won't end until 2027 ($200k).

ITS Crypto / Invest / Trade / Strategy
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Binance Launched a Pre-Market

On September 25, the worldโ€™s largest crypto exchange, Binance, announced the launch of its pre-market, allowing users to trade real tokens before their official listing, instead of derivative instruments, which are common on most other platforms.

Trading crypto assets before their official market debut is already available on some exchanges, but it usually involves derivatives. For example, Coinbase offers perpetual futures on tokens that are not yet listed on the spot market, while on Bybit, users can make deals using USDT as collateral for settlement.

With this new offering, Binance has combined two of its key productsโ€”Binance Spot andโ€ฆ

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Bitcoin Mining Difficulty Decreased by 4.6%

As a result of the latest adjustment, the mining difficulty of the first cryptocurrency has decreased by 4.6%, reaching 88.4 T, marking one of the largest drops in 2024.

The average hashrate during the period since the last change was 740.3 EH/s, with the interval between blocks averaging 8 minutes and 24 seconds, which is 16 seconds slower than the standard 10-minute block time set by the protocol.

According to Glassnode, the 7-day moving average of computational power reached 638.4 EH/s. This indicates a temporary decline in mining activity, likely due to decreased profitability caused by rising electricity costsโ€ฆ

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Two traders made decent money with memcoins ๐Ÿ˜ฎ

Unknown people have increased deposits of thousands and millions of dollars thanks to memcoins:

- One investor turned $95 into $96,900 on an investment in the INCEPT token. He managed to increase his deposit 1,000 times in 12 hours.

- Another investor turned $1,331 into $3.4 million in just 15 days on the MOODENG token. He increased his initial investment by 2,554 times.

ITS Crypto / Invest / Trade / Strategy
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Bitcoin has surpassed the psychologically significant level of $65,000

This has become a key event for the cryptocurrency market. The surge has caught the attention of investors, as continued growth could signal the return of a bullish trend. Experts note that this resistance level serves as an important starting point for a potential push to new highs.

Along with Bitcoin, other cryptocurrencies have also shown positive momentum. Ethereum, although lagging in growth rates, continues to strengthen its position, while Solana, with a 4.7% increase, has solidified its status as one of the market leaders. This indicates that investors are showing interest not only in Bitcoin but also inโ€ฆ

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Hackers steal $2 million from Bedrock Bitcoin restaking protocol

Hackers exploited a vulnerability in the synthetic token uniBTC, allowing them to steal $2 million worth of assets from the Bedrock Bitcoin restaking protocol. The attack was made possible due to flaws in the smart contracts, which led to a vulnerability in the DEX liquidity pools.

On September 27, the project team reported discovering and fixing the issue, assuring that usersโ€™ funds, including wrapped and base bitcoins, were secure. The team also emphasized that all critical infrastructure components had been reviewed to prevent similar incidents from happening again.

โ€œWe identified the root cause [of the exploit] and areโ€ฆ

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Since the beginning of the year, the figure for total blocked value in L2 protocol Base has grown by 370% ๐Ÿ“ˆ

The figure exceeded $2bn. 50% of TVL is accounted for by the native decentralised exchange Aerodrome ($1bn).

Base leads the L2 segment in terms of active addresses and transactions.

ITS Crypto / Invest / Trade / Strategy
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Investors will have access to a new batch of digital currencies ๐Ÿคฆโ€โ™‚๏ธ

These coins may arrive on exchanges next week for subsequent realisation, accordingly this may put a stick in the wheels of the bulls.

Token Unlocks estimates that investors will have access to $568.800 million worth of digital currencies between 30 September and 6 October. Analysts have compiled a list of upcoming unlocks and highlighted Solana, with $75.90 million worth of SOL tokens coming to market.

The total value of the other coins received by investors is $202.47 million.

ITS Crypto / Invest / Trade / Strategy
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