BTC, ETH, LTC, BCH, XRP, BNB, EOS, BSV, TRX and ADA 15885

Billionaires

BTC/USD

Bitcoin (BTC) has been holding near $11,000 for the past two days, which is a positive sign. This shows that the bulls expect the rally to continue, hence, they are not booking profits in a hurry. If the price stays above the resistance line of the channel, we anticipate the uptrend to resume within a couple of days. Currently, both the moving averages are trending up and the RSI is in overbought territory, which suggests that bulls are in command.

However, if the price dips back into the channel, the pullback can reach the 20-day EMA, which is a critical support. On a bounce off the 20-day EMA, we anticipate the bulls to again try to propel the price towards its target objective of $12,000.

The BTC/USD pair will lose momentum if it drops below the 20-day EMA and the trend will weaken on a breakdown of the 50-day SMA. A breakdown of $7,413.46 will signal a deeper correction.

ETH/USD

Ether (ETH) came close to its target objective of $335 on June 22 and 23 but the bulls could not sustain the rise above $322.06, which shows profit booking at higher levels. However, the positive thing is that the cryptocurrency has not given up much ground. A consolidation between $280 and $322.06 indicates strength and increases the probability of a breakout above $322.06.

If the ETH/USD pair closes (UTC time frame) above $322.06, it will complete a rounding bottom pattern that has a target objective of $563.48. However, we expect the pair to face stiff resistance near $480.

Contrary to our assumption, if the pair fails to sustain above $322.06, it can drop to $280. The 20-day EMA is also located close to this level, hence, it is likely to act as a strong support, but if the support cracks, the cryptocurrency will lose momentum.

XRP/USD

Ripple (XRP) is retesting the breakout level of the symmetrical triangle. The previous resistance should now act as a strong support. If the price rebounds off this support, the bulls will again try to propel the price to $0.57259 and above it to $0.6250. Both the moving averages are sloping up and the RSI is in positive territory, which suggests that the bulls have the upper hand.

Conversely, if the XRP/USD pair slips back into the triangle and breaks down of the 20-day EMA, it will signal weakness. Its next support is the 50-day SMA, below which a drop to $0.37835 is probable. For now, traders can retain the stop loss on the long position at $0.41. We will suggest to trail stops higher as the price moves northwards.

LTC/USD

Though Litecoin (LTC) closed above $140.3450 on June 22, it could not sustain the higher levels and quickly gave back its gains. Currently, the bulls are trying to hold it above the ascending channel. The previous resistance line of the channel should now work as a strong support. If the price rebounds off this support, the bulls will again try to push it towards its target objective of $158.91 and above it $184.7949.

If the bulls fail to defend the support, the LTC/USD pair will re-enter the channel. It has strong support at the 20-day EMA. If this support holds, the bulls will again try to resume the uptrend, but if the support gives way, a drop to the 50-day SMA is possible. Hence, traders can protect their remaining long positions with a stop loss placed just below the 20-day EMA.

BCH/USD

Bitcoin Cash (BCH) remains in an uptrend. Both the moving averages are sloping up and the RSI is close to the overbought zone, which shows that the bulls are in command. The price rallied above the immediate resistance of $481.99 on June 22 but turned down from the resistance line of the channel.

If the BCH/USD pair breaks out of the channel, it is likely to pick up momentum and rally to $639 and above it to $889. If the bulls fail to break out of the channel, the pair might dip back to the 20-day EMA. The digital currency will indicate a trend change if it breaks below both the moving averages and the support line of the channel.

EOS/USD

While EOS has sustained above the breakout level of $6.8299 for the past three days, it is struggling to move up. This shows a lack of demand at higher levels. Currently, it is back at $6.8299, which is an important support. The 20-day EMA is just above this level, hence, we anticipate buyers to defend this support.

A strong rebound from $6.8299 can carry the EOS/USD pair it to the resistance line of the channel. If this level is scaled, the next level to watch is $8.6503. The moving averages are gradually sloping up and the RSI is just above the midpoint, which shows that the bulls have a slight advantage. Traders can retain the stop loss on the long position at $6.40.

If the bears sink the pair below $6.8299, a drop to the 50-day SMA and below it at the support line of the channel is probable. If the bulls fail to defend the support line of the channel, the trend will turn negative and the price can plunge to $4.4930.

BNB/USD

Binance Coin (BNB) has been consolidating near the highs for the past few days. Though it broke out of the overhead resistance at $38.6463356, it could not sustain it. This shows profit booking at higher levels. Currently, the bulls are attempting to rebound from the 20-day EMA. If successful, we anticipate another attempt to rally to $46.1645899 and above it to $50.

On the other hand, if the bulls fail to ascend the overhead resistance, the BNB/USD pair is likely to drop below the 20-day EMA and consolidate between $28 and $38.6463356 for the next few days. Therefore, traders can protect their long positions with a stop loss placed just below the 20-day EMA. The trend will turn bearish on a breakdown of $28.

BSV/USD

The bulls have held the price of Bitcoin SV (BSV) close to the highs, which is a positive sign. It shows a lack of selling near the resistance. The bears have not even been able to drag the price to the 20-day EMA. Both the moving averages are sloping up and the RSI is close to the overbought zone, which shows that bulls clearly have the advantage.

If the price rebounds from the uptrend line and breaks out of $255.620, it will resume the up move that has a price target of $307.789 and above it $340.248. The probability of a breakout is high as long as the BSV/USD pair stays above the 20-day EMA.

However, if the bears sink the price below the 20-day EMA, the momentum will weaken. In such a case, a range-bound action between $175 and $255.620 is likely. The trend will turn down if the price sustains below $175.

TRX/USD

Tron (TRX) has again entered the top 10 cryptocurrencies by market capitalization. It has rallied sharply in the past two days and is close to the June 2 high of $0.04156575. If the price breaks out of the overhead resistance, a rally to  $0.05218328 is possible.

Both the moving averages are gradually moving up and the RSI is in positive territory, which suggests that bulls have the upper hand. The TRX/USD pair has started a new uptrend after a long consolidation, hence, we anticipate the up-move to continue for some time. Our bullish view will be invalidated if the price reverses direction from the current levels and breaks down of the critical support of $0.02815521.

ADA/USD

Cardano (ADA) again broke out of the overhead resistance at $0.10 on June 23 but failed to sustain the higher levels. However, the positive thing is that it has held above the moving averages for the past few days. This shows buying on dips.

If the bulls break out and sustain the ADA/USD pair above $0.10, it will complete a reversal pattern that has a target objective of $0.22466773. The traders can wait for a close (UTC time frame) above $0.10 and buy as suggested in our earlier analysis.

Our bullish view will be negated if the price fails to break out and sustain above $0.10. In such a case, it might remain range-bound between $0.076254 and $0.10 for a few days.

Market data is provided by the HitBTC exchange. Charts for analysis are provided by TradingView.

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FDUSD Expands to the Solana Blockchain to Further Strengthen and Bolster Access 1371

First Digital Group (“First Digital” or the “Group”), a leader in digital asset custody and trust services in Asia and parent company of FD121 Limited (also known as First Digital Labs), announces that First Digital USD (“FDUSD”) will be natively deployed to the Solana blockchain, further strengthening and bolstering access to the stablecoin.

The announcement was made at Binance Blockchain Week 2024, marking a significant milestone in First Digital’s commitment to delivering fast, secure, and cost-effective stablecoin transactions for global users. By integrating with Solana’s high-performance blockchain, FDUSD will leverage Solana’s ultra-fast transaction speeds, low fees and high scalability to meet growing demand for accessible, cross-chain stablecoin solutions by end of 2024.

As a fast-growing challenger in the stablecoin arena, FDUSD continues to provide diverse options to users and partners. By adding Solana to its growing list of supported blockchain networks, FDUSD will empower both retail and institutional users to take advantage of Solana’s scalability, unlocking new possibilities for cross-border payments, decentralised finance (DeFi), and everyday transactions.

With Solana’s impressive processing speed—capable of handling up to 65,000 transactions per second—users can experience near-instant transaction confirmations. This integration aims to support applications in areas such as DeFi and payments, driving greater utility and adoption of FDUSD across both emerging and established markets.

Vincent Chok, CEO and Founder of First Digital commented: “Expanding FDUSD onto Solana represents a significant step in our mission to enhance its accessibility, availability and utility across multiple blockchain ecosystems. Solana’s robust and scalable infrastructure will allow us to deliver even greater value to our users, supporting a wider range of financial use cases and enabling faster, more efficient transactions.”

Lily Liu, President of Solana Foundation, added: “As Solana continues to lead the way to redefining blockchain scalability and performance, we are excited to welcome FDUSD into our ecosystem. The integration of FDUSD on Solana will enable new possibilities for real-world, on-chain financial innovations.”

FDUSD is a 1:1 USD-backed stablecoin issued by First Digital Labs, the brand name of FD121 Limited. The FDUSD stablecoin is backed on a 1:1 basis by one U.S. dollar or assets of equivalent fair value, held in accounts of regulated financial institutions globally. Independent reserve audits are published monthly. FDUSD is currently available on Ethereum, BNB Chain and Sui.

About First Digital Group

First Digital Group (“First Digital”) is the parent company of First Digital Trust Limited, Asia’s leading qualified custodian and registered trust company, and FD121 Limited (also known as First Digital Labs), issuer of First Digital USD (FDUSD).

First Digital Group safeguards, advances and innovates to help clients navigate digital assets as well as benefit from trusted next-generation financial services.

First Digital was established in 2017 under the umbrella of the Legacy Trust Company, an established custodian and trust established in 1992 and registered under the Trustee Ordinance in Hong Kong. Its mission is to help clients benefit from a digital-first future by combining digital asset innovation with its strong foundation in trust, custody and asset management services. The Group’s custody and trust arm, First Digital Trust Limited, was established in 2019 and became a fully independent public trust corporation headquartered in Hong Kong with a presence across Asia.

First Digital Trust Limited has been recognised as one of HSBC’s ‘Emerging Giants in Asia Pacific’ Report 2022, while its innovation subsidiary, FD121 Limited (a.k.a. First Digital Labs), is the issuer of the FDUSD stablecoin.

Website: www.1stdigital.com

About First Digital Labs

First Digital Labs is the brand name of FD121 Limited, a Hong Kong-registered subsidiary under the First Digital Group. First Digital Labs focuses on cutting-edge research and development, specialising in the innovation and advancement of digital assets. First Digital Labs is the issuer of the FDUSD stablecoin.

To learn more about First Digital Labs, visit https://firstdigitallabs.com/

CATIZEN launches Zircuit Launchpool – Stake CATI and game assets to earn 8.33 million ZRC rewards 1043

CATIZEN proudly announces the launch of its first Launchpool project – Zircuit (ZRC) – on October 28, 2024. Zircuit is an AI-driven, zero-knowledge Layer 2 blockchain that is fully EVM-compatible. Featuring AI-enhanced security at the sequencer level, it blocks malicious transactions in real time, ensuring a highly secure environment for users. Backed by Binance Labs, Zircuit boasts $1.7 billion TVL and recently introduced a liquidity hub to incentivize early adopters and stakers.

Starting from October 28, 2024, 08:30 (UTC+8), CATIZEN players and CATI token holders can stake their CATI tokens or level 300+ cat game assets in the ZRC reward pool through the CATIZEN BOT to earn ZRC rewards. This 7-day staking event offers lucrative incentives for participants.

Project details:

  • Token Name: ZIRCUIT (ZRC)
  • Total Supply: 10,000,000,000 ZRC
  • Launchpool Rewards Pool: 8,333,333 ZRC (valued at $1.5 million)

Staking rules

CATI token staking pool:

  • Reward Allocation: 85%
  • Total Reward: $1,275,000 in ZRC
  • Minimum Stake: 1 CATI
  • Maximum Stake: 2000 CATI
  • Settlement: Rewards settled every hour based on the share of staked CATI

CATIZEN game asset staking pool:

  • Reward Allocation: 15%
  • Total Reward: $225,000 in ZRC
  • Eligibility: Only level 300+ cats are eligible for staking
  • Settlement: Rewards calculated hourly, converting cat levels into USD equivalent

ZRC token valuations are referenced from CoinGecko’s real-time data.

This Launchpool event provides CATI holders and CATIZEN players with exciting earning opportunities, encouraging community participation while supporting Zircuit’s innovative security model and ecosystem growth.

Hachiko Announce Launch: The Latest Dog Memecoin With a Legacy of Loyalty and Unstoppable Growth 995

In a world where meme coins come and go, Hachiko stands apart as a symbol of loyalty, strength, and deep-rooted history. Inspired by the legendary Japanese dog known for his unwavering devotion, Hachiko is more than just another meme coin—it’s a movement built on the values of trust, community, and long-term vision. As the crypto market continues to evolve, Hachiko is poised to become the next big dog coin, with a powerful narrative that’s drawing in holders from all corners of the globe.

A Legacy Born from Loyalty

Hachiko isn’t just any meme coin. It is born from the true story of Hachiko, the faithful Akita who waited for his owner at Tokyo’s Shibuya Station every day for nearly a decade, even after his owner passed away. This touching story of loyalty has been etched into Japanese history and now serves as the foundation of a project that seeks to redefine loyalty in the world of cryptocurrency.

In the same way that Hachiko never wavered, this project is designed to withstand the ups and downs of the market, offering a community-driven experience that rewards those who believe in long-term growth and shared success.

Why Hachiko is Poised for Explosive Growth

The Hachiko project taps into the heart of what has made coins like Shiba Inu and Dogecoin wildly successful—community and storytelling. But unlike other meme coins, Hachiko has an undeniable historical narrative that resonates deeply. This is not just another token chasing hype; it’s a project with purpose, passion, and a clear vision for the future.

The combination of Hachiko’s powerful narrative and the project’s dedicated community has set the stage for exponential growth. Already gaining traction across crypto exchanges and listing platforms like CoinGecko, Hachiko’s loyal holders are excited for what’s next. And with an upcoming roadmap packed with new features, partnerships, and community rewards, there’s never been a better time to join the Hachiko movement.

The Power of Community: #LoyalLikeHachiko

At the core of Hachiko’s success is its community. The #LoyalLikeHachiko movement is more than just a slogan—it’s a way of life for those who believe in the strength of sticking together during market volatility. Hachiko has already faced challenges, from FUD to market corrections, but its loyal holders have proven their commitment time and time again. This unwavering loyalty mirrors the story of Hachiko himself and has made the community even stronger.

Hachiko is not just building a token—It is creating a legacy. A project that anyone can be a part of, no matter your background or experience in crypto. Whether you’re a seasoned investor or someone new to the scene, Hachiko welcomes you with open arms, offering a supportive community where everyone’s voice matters.

The Future of Hachiko: Building for Longevity

The Hachiko project has a long-term vision that’s already in motion. From upcoming NFT releases to charitable partnerships, the team behind Hachiko is working tirelessly to deliver real value to its holders. With a commitment to transparency and innovation, the project is positioning itself as a leader in the meme coin space, with a strong focus on sustainability and future growth.And with Hachiko’s 101st anniversary just around the corner, the project has big plans to celebrate this milestone.

Why You Should Join the Hachiko Movement

The crypto market is full of short-term gains and projects that fade into obscurity. But Hachiko isn’t about quick pumps or fleeting hype—it’s about building something that lasts, just like the loyal dog who inspired its creation. With a strong narrative, a dedicated community, and a team committed to long-term success, Hachiko is quickly becoming one of the most exciting projects in the space.

If you believe in loyalty, growth, and the power of community, Hachiko is the project for you. Now is the time to be part of this incredible movement and help write the next chapter of Hachiko’s legendary story.

Follow hachiko on social media to know more about this project!

Website: https://www.hachiko-token.com
Telegram: https://t.me/HachikoportaI
Twitter X: https://x.com/Hachikocoinsol
Coinmarketcap: https://coinmarketcap.com/currencies/hachiko-token/

Tap Protocol launches Tap Token (TAP) to enhance Bitcoin Defi ecosystem functionality 923

The Tap Protocol is excited to announce the launch of its native token, Tap (TAP), designed to serve as the backbone of its innovative ecosystem. This token will play a crucial role in facilitating various functions, including bridging assets between Ethereum and Bitcoin and providing staking mechanisms for users.

The Tap Protocol has already made waves in the blockchain community by introducing a groundbreaking bridge that allows seamless transfers between Ethereum and Bitcoin. This functionality positions Tap Protocol at the forefront of cross-chain interoperability, empowering users to navigate both ecosystems effortlessly.

The TapEthereum bridge by TaparooSwap is the first-ever to securely connect Bitcoin L1 to Ethereum. This enables $TAP to be immediately traded on both chains, unlocking seamless access to deep liquidity and more efficient markets across both ecosystems.

Additionally, the Tap Protocol boasts the first native Bitcoin swap, enabling users to execute swaps directly on the Bitcoin network without the need for intermediaries. This innovation represents a significant advancement in the usability of Bitcoin DeFi applications.

Key features of Tap Token (TAP):

  • Ecosystem token: TAP will be utilised for various functions within the Tap Protocol ecosystem, including bridge transactions and staking mechanisms, allowing users to earn rewards while participating in the network.
  • Account abstraction: The Tap Protocol incorporates account abstraction, enabling enhanced user experiences by simplifying transaction processes and improving overall accessibility.
  • Privileged authorities: TAP facilitate the implementation of privileged authorities within the ecosystem, allowing designated parties to perform specific functions and helping to perform ethereum-like tasks natively on Bitcoin such as Multisend function or whitelist.
  • Direct bridge from Ethereum to Bitcoin: Tap Protocol’s unique bridge enables users to transfer assets across these two leading blockchains, enhancing liquidity and accessibility.
  • Native Bitcoin swap: With the introduction of the TAP token, users can now engage in swaps directly on the Bitcoin network, simplifying the process and reducing transaction costs.

To kickstart the Tap Protocol tokenomics, users holding 50 TAP tokens on their Eth wallets do not incur swapping fees on the bridge.

As part of the launch, users will be able to participate in staking programs that leverage TAP, further incentivizing engagement within the ecosystem. The team behind Tap Protocol is committed to creating a robust and user-friendly environment that encourages participation and innovation.

About Tap Protocol

Tap Protocol is dedicated to advancing the interoperability of blockchain networks by providing solutions that bridge the gap between Ethereum and Bitcoin. With its focus on user experience and accessibility, Tap Protocol aims to empower users to leverage the full potential of decentralized finance.

Movement Lab Expands Support for ERC-3643 Beyond EVM Ecosystem for Real-World Asset Tokenization 801

Movement Labs, a web3 company and core contributor of the Movement Network, today announced its membership in the ERC3643 Association. This strategic move aims to extend the ERC-3643 standard—the industry benchmark for compliant real-world asset (RWA) tokenization—to the Movement Network, an ecosystem of modular Move-based blockchain.

Expanding ERC-3643 Beyond Ethereum

ERC-3643, designed for identity-based permissioned tokens, ensures regulatory compliance and control directly on-chain. Its adoption in the Ethereum ecosystem has gained significant traction in traditional finance, with institutions like Citi Bank and ABN AMRO leveraging the standard for tokenized assets.

Movement Lab’s initiative marks the first expansion of ERC-3643 beyond the Ethereum Virtual Machine (EVM) ecosystem, addressing market demands for high-throughput solutions and alternative programming paradigms.

Bringing Proven Standards to Move-Based Blockchains

The Movement Network, powered by the Move Virtual Machine (MoveVM), offers over 160,000 transactions per second and utilizes the Move programming language, known for its resource-oriented approach and enhanced security features.

Cooper Scanlon, Co-Founder of Movement Labs, stated: “RWA tokenization was one of the core design principles of the Move language. By integrating the ERC-3643 standard, we take meaningful steps to realizing this vision in a decentralized manner. We’re excited for the many use cases supporting ERC-3643 enables on a molecular level of smart contract development, and are supporting ERC-3643 as the universal gold standard for real-world assets onchain.”

Dennis O’Connell, President of ERC3643 Association, commented on the partnership: “Our partnership with Movement Labs marks an exciting new chapter for ERC-3643. By extending our standard to the Move ecosystem, we’re not just crossing technological boundaries – we’re opening up new possibilities for RWA tokenization. This partnership demonstrates the versatility of ERC-3643 and its potential to become a unifying force across diverse blockchain environments.”

To learn more about The ERC3643 Association visit https://www.erc3643.org. For more information about Movement Labs’, please visit: movementlabs.xyz, follow on X @movementlabsxyz.

About ERC3643 Association

The ERC3643 Association is a non-profit organization uniting industry leaders to promote the adoption of the ERC-3643 standard and develop a standardized, secure, and compliant tokenization framework. By fostering collaboration and innovation, the association seeks to create a more inclusive, efficient, and secure financial landscape.

About Movement Labs

Movement Labs is the innovative force behind the Movement Network, an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems. The organization is developing the first Move Virtual Machine L2 for Ethereum, alongside open-source tooling and protocols to facilitate the adoption of the Move programming language across blockchain ecosystems. With Movement, developers can launch high-performance Move VM rollups with ease. Backed by $38 million in Series A funding led by Polychain Capital, with participation from Binance Labs, Hack VC, Placeholder, OKX Ventures and Archetype, Movement Labs aims to revolutionize blockchain interoperability and advance Move-based technologies in the Web3 space.

BNB Chain’s Beacon Chain Final Sunset Set for November, 2024 452

BNB Chain, BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain by daily transactions, has issued a reminder about the upcoming final sunset of the BNB Beacon Chain. This significant event is scheduled for mid-November 2024. The final sunset is a crucial part of the ongoing BNB Chain Fusion, aimed at streamlining the ecosystem and enhancing overall efficiency and security.

The BNB Chain Fusion initiative is designed to consolidate functionalities onto the BNB Smart Chain (BSC), resulting in a more robust, efficient, and secure infrastructure. This transition will mark the end of the BNB Beacon Chain, with all functionalities being migrated to BSC.

Users are urged to transfer their BEP2 and BEP8 (mini BEP2 tokens) assets from the BNB Beacon Chain to the BNB Smart Chain (BSC) immediately. While the majority of assets have already been migrated, some BEP2/BEP8 assets remain on the Beacon Chain. To ensure continued access to assets, users should initiate the migration process now. This can be done through various platforms, including centralized exchanges, decentralized exchanges, and wallets like Trust Wallet.

Centralized exchanges (CEXs) are requested to disable all deposit functions to the BNB Beacon Chain as soon as possible to prevent further transactions on the network. To maximize security, CEXs should consolidate all remaining BEP2 assets into secure cold storage wallets ahead of the Beacon Chain’s shutdown.

Post-fusion, blockchain data will still be accessible through multiple BC RPC nodes and snapshots uploaded to platforms like Greenfield. The mainnet explorer will also remain active for viewing historical data. A snapshot of user balances will be taken at a specific block height following the fusion and users can easily verify their balances using the provided links and tools. A token recovery tool will be available for users to migrate BEP2/BEP8 assets from the Beacon Chain to BSC after the BNB Beacon Chain sunset. However, assets without cross-chain functionality will be permanently lost.

Consequences of Inaction:

  • BEP2/BEP8 Token Holders: Users can recover binded tokens even after the BNB Beacon Chain is shut. However, tokens not binded will be lost.
  • Centralized Exchanges: If CEXs do not promptly gather all BEP2/BEP8 tokens from user deposit addresses, they will face significant recovery challenges and costs. Unbound or unconsolidated tokens risk being lost.

About BNB Chain

BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:

  • BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain.
  • opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds.
  • BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.

Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program.