Markets

India topped Chainalysis’ Crypto Adoption Index two years in a row, while the Indonesian crypto market made tremendous strides this year. India has secured the first spot globally in the Chainalysis Crypto Adoption Index this year, followed by nations like Nigeria, Indonesia, the US, and Vietnam. This is the second time India’s grassroots crypto adoption has beaten every other country, as it also topped the index in 2023. Chainalysis released its report on September 11, analyzing the adoption...

Upbit, South Korea’s largest cryptocurrency exchange, has announced the launch of Nervos Network (CKB) on its platform. Starting today at 16:00, users will be able to trade Nervos in the KRW, BTC, and USDT markets. This new listing enables the trading of CKB with three primary pairs, which will improve the token’s flexibility and market depth. The deposit for Nervos Network (CKB) will start another 3 hours after the announcement, while the transactions will begin at 17:00 on September 13. It...

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After six months of sideways chop, multiple on-chain indicators say Bitcoin may finally be prepared for an epic price breakout, analysts say. These predictions would line up with separate forecasts of an upcoming bull market based on seasonal factors, with Bitcoin soon to transition from one of its worst-to-best months on record. Bitcoin’s Bottom Signals As noted by CryptoQuant author Amr Taha, Bitcoin’s Puell multiple has reached a low of 0.4 for the first time since the end...

The number of addresses holding Tron’s native token TRX for the long term has skyrocketed over the past 12 months, according to data from the blockchain intelligence firm IntoTheBlock. A tweet from the market analytics platform revealed that the Tron network currently has nearly 90 million long-term holder addresses, representing a 237% increase in the past year. TRX Long-term Holders Are Increasing IntoTheBlock said the increase in TRX’s long-term holder addresses shows...

A leading analyst is looking ahead to major gains for the new utility meme coin, Crypto All-Stars. The project is currently in its presale stage and raising funds to build the first unified staking platform for meme coins. This concept is gaining a lot of traction, with the Crypto All-Stars ($STARS) presale raising over $1.2 million so far. Jacob Bury predicts “Huge Potential” for meme coins, says Crypto All-Stars can set pace If you look back a few months, meme coin prices...

TL;DR Binance will add two pairs to its Bots program, enabling direct trading against the Brazilian Real. On the other hand, it will delist several trading pairs, with some of the affected cryptocurrencies experiencing a brief price decline following the disclosure. The Upcoming Addition The leading cryptocurrency exchange will add BTC/BRL and USDT/BRL to the list of trading choices on Binance Trading Bots services. The new offerings will become available to users tomorrow...

Coinbase recently rounded up a challenging week as crypto stocks plummeted, including Marathon Digital and Riot Platforms, taking a significant hit in the widespread market crash. Crypto stocks suffered the steepest declines in a week that hit all sorts of risky assets, but Coinbase’s partial win against the SEC shines a silver lining on the situation. Amid the market chaos, new viral presale ETFSwap (ETFS) has surprisingly continued to rally on presale. This indicates growing interest...

Boston, Mass, September 12th, 2024, Chainwire New Dashboard Provides Institutional Clients with In-Depth Insights into the Polkadot Ecosystem The Tie, a leading provider of market data, news, and analytics for digital assets, launches the Polkadot Ecosystem Dashboard enabling institutional clients to access a comprehensive suite of analytics for Polkadot-based assets.   The Polkadot Ecosystem Dashboard offers a deep dive into essential metrics and insights, enabling users to understand key...