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Since 2013, Bitcoin (BTC) has experienced positive returns in October for nine out of eleven years, rendering the “Uptober” moniker. As September ends, Finbold turned to OpenAI’s artificial intelligence (AI) model, o1, for a price prediction based on historical results. The o1 AI – deemed one of the world’s most advanced models – calculated a potential price for Bitcoin in 2024’s “Uptober.” For that, OpenAI’s o1 used the average and median monthly historical results from October’s opening to closing prices. As a result, o1 predicts BTC will trade between $80,800 and $83,900 by the end of the month. This forecast considers an opening price of $65,717, as we prompted the exchange rate at the time of writing. Picks for you Beware: Cryptocurrencies to unlock $300 million supply this week ...

The Pepe price surged 15% in the last 24 hours to trade at $0.00001145 as of 10:48 a.m. EST on trading volume that soared 35% to $2.7 billion. Over the last week, Pepe has surged more than 20% as hopes of a new altcoin season grow. Other top meme coins like Dogecoin and Shiba Inu are also enjoying strong gains, so what lies ahead for PEPE? Pepe Price Aims For A Continued Rally The recent Pepe price movements have formed a rounding bottom pattern, as the price plunged from the $0.00000954 resistance to the $0.00000643 support, according to data from GeckoTerminal . The support then allowed the price to soar back to the resistance and a follow-through thereafter. PEPE now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the continued pressure from the bulls. Moreover, the Relative Strength Index (RSI) seems to be crossing over the 70-overbought region, currently at 77, which is also an indication that the asset is under intense buy...

Crypto All-Stars ($STARS) has now raised $1.6 million in funding amid a heating-up meme coin sector. On Friday, meme coins reached a total collective value of $57 billion, as the sector and the broader market aim to close out September – typically the most challenging month for crypto – on a positive note as the market looks ahead to the more favorable months in October and November. The industry’s first meme coin staking platform, Crypto All-Stars’ MemeVault, designed to amplify recent gains in meme coins, is gaining added momentum from the reawakening of bullish sentiment. Crypto All-Stars’ presale is on track to reach its next milestone of $1.7 million within hours.  Investors looking to get in on the action have about 24 hours to acquire $STARS at $0.0014652 per token before the price rises to $0.001471, marking the start of the next funding stage. Leading Meme Coins Rack Up Double-Digit Gains The ext...

Source: Ethena Labs On September 26, 2024, Ethena Labs announced the launch of its new stablecoin, UStb, backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). This initiative represents a strategic collaboration with Securitize , aimed at enhancing the stablecoin landscape. Ethena Labs asserts that UStb will provide a safer and more stable alternative compared to its existing synthetic dollar stablecoin, USDe. We are excited to announce Ethena's newest product offering: UStb UStb will be fully backed by @Blackrock BUIDL in partnership with @Securitize, enabling a separate fiat stablecoin product alongside USDe Details below on why this is important: pic.twitter.com/jOIoMef7W3 — Ethena Labs (@ethena_labs) September 26, 2024 A New Era of Stability Ethena Labs’ new stablecoin, UStb, is designed to anchor its value in liquid assets, primarily utilising BlackRock’s tokenized fund. BUIDL is distinguished by its backing o...

As the digital asset space undergoes a seismic shift, today’s top crypto gainers are proving they’re more than just trends — they’re shaping the future. While Bitcoin navigates its marketing struggles, real-world asset tokenization is taking centre stage.  Meanwhile, smaller tokens are stepping up, riding these waves of innovation and market interest. These gainers are capturing attention for all the right reasons, whether by breaking presale records or pioneering new blockchain solutions. Get ready to discover the next big movers as we analyze the top crypto gainers making headlines today.   Biggest Crypto Gainers Today – Top List Today’s top gainers are not just following trends; they are driving significant innovations that could shape the future of digital assets. Injective has surged by 8.14%, driven by a key partnership with Google Cloud. Meanwhile, Filecoin has experienced a 4.55% increase, thanks to its strategic upgrade with Pr...

Chainlink (LINK) is in the midst of a price surge, after months of its price tumbling. At press time, LINK is trading at $12.24, up 17% in the last seven days. August was a troublesome month for the asset, however, several indicators are projecting this to be the start of a huge rise. The overall market has recovered from the bear phase in August, with Bitcoin taking charge as the king coin in town. When Bitcoin surges in price, typically other coins in the industry follow, including meme coins and altcoins. Chainlink has been one of the biggest recent beneficiaries of this surge. Investors are eyeing additional gains as LINK continues to trade in a bullish trend. Source: Cryptonomist Also Read: Cardano Founder Calls Ethereum a “Dictatorship” Chainlink (LINK) is the top altcoin on the cryptocurrency market. Numerous signs signaled this coming rise, and that currently reveals the surge will continue. The top altcoin is hovering above the $12 support level, indicating strong market senti...

The cryptocurrency market has witnessed a healthy turnaround over the last few days. Memecoins, particularly, have had a commendable price increase following Bitcoin’s (BTC) ascent to $63,000. Pepe (PEPE) and dogwifhat (WIF) follow this bullish trend, rallying double digits in the weekly charts. Also Read: This Memecoin Rallied 3600%: Outshines Shiba Inu & Dogecoin Memecoins Outshining Other Assets? The frog-themed crypto has been up 3.2% in the daily charts, 15.6% in the weekly charts, 18% in the 14-day charts, and more than 1090% since September 2023. Despite the rally, the asset is still down by 6.6% over the previous month. Source: CoinGecko Also Read: Bitcoin Surges Past $64K: Is $90K the Next Target? WIF, on the other hand, is green across the board. The dog-themed meme coin is up 6.2% in the daily charts, 30.5% in the weekly charts, 27.2% in the 14-day charts, and nearly 6% over the previous month. Source: CoinGecko While the recent rally is commendable, WIF and PEPE may hi...

Amid its ongoing rebound, Ethereum gas fees have hit a $7 average as users are faced with increasing transaction costs. Since the middle of September, transactions increased, reaching heights of $5 and staying that way until they dropped slightly by the 23rd. Yet, Tuesday morning they increased again, reaching an average of 0.0027 ETH. Ethereum has long been known for its slow speeds and extensive costs. It is why networks like Solana have thrived when competing with the blockchain. Although ETH remains the second largest crypto by market cap, its ongoing issue with cost has many questioning its longevity there. Also Read: Ethereum Eyes $2800: Is a Major Rally on the Horizon? Ethereum Surges as Users Pay the Price With Surging Transaction Costs Despite a volatile year in 2024, Ethereum has enjoyed a notable turnaround. The asset has increased almost 12% in the last seven days, according to CoinMarketCap. Although it is down over the last 24 hours, it is still trading firmly above the $...

Q4 is already here, ushering in new hopes and expectations of a stunning breakout quarter for Bitcoin and the cryptocurrency space in general. Historically, Bitcoin is known to perform at its best during the last three months of a year, showing stellar price hikes and momentum. Will Bitcoin, along with leading tokens like Ethereum, XRP, Solana, and Dogecoin, make history this time? Let’s find out. Also Read: Buy Netflix Stock Call Echoes, Secure Upto 16% Profits, Analyst Says Pumptober And Q4 Bullish Spell October is already upon us, with the cryptocurrency market abuzz with new energy and enthusiasm. October has also been labelled Pumptober due to its ability to pump or assist crypto tokens in surging high towards new price ATHs. According to a post uploaded by LookOnChain, September is often proven to be a bearish month for the crypto domain, while October ushers in bullish momentum for the sector in its entirety. “September is usually bearish, while October tends to be bullish....