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Cryptocurrencies experienced massive losses this week as the “September Effect” started playing out in finance markets. According to renowned cryptocurrency analysts, this recent crash could have been the last shake-out before the 2024 crypto bull run. In this context, Finbold turned to market data to identify good projects with solid growth potential for the last quarter. For that, we looked into leading cryptocurrencies that could reach the $100 billion capitalization mark in Q4 2024. Essentially, the market cap is one of the most used benchmarks and value indicators by cryptocurrency investors. This is because digital assets can have very different economics and supply dynamics, requiring a common ground for fundamental analyses. Picks for you Brace yourself: Bitcoin could crash to $31,000 soon 3 ...

Key takeaways Bitcoin set a new all-time high of $69,170 earlier this week and market experts expect it to rally higher. Bitcoin Dogs has raised more than $8 million so far and its presale will close in eight days. Bitcoin sets a new all-time high, targets $76k The cryptocurrency market has been extremely bullish this week, with Bitcoin setting a new all-time high price on Tuesday. BTC traded at $69,170 on Tuesday, setting a new all-time high for the first time since November 2021. BTC flash crashed to the $62k level after reaching a new all-time high on Tuesday but is slowly recovering.  At press time, the  price of Bitcoin stands at $65,864.60, up by more than 3% in the last 24 hours. Thanks to the recent rally, Bitcoin’s market cap has now crossed the $1.2 trillion mark for the first time in over two years. Despite setting a new all-time high, Swissblock analysts are confident that BTC’s quick break back above the $62,000 lev...

Analysts at market intelligence platform Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. Through an examination of Ethereum's (ETH) on-chain activity, market intelligence platform Santiment has published a report indicating that the count of daily active Ether addresses experienced a notable increase, reaching around 1,089,893 on Sept. 13. This recent upsurge represents the second -highest number of daily active addresses ever recorded in Ethereum's history . The highest count was registered on Dec. 9, 2022, aligning with Ether's reevaluation following its losses from the post-2021 bear market. As a result, analysts at Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. Additionally, this uptick in on-chain activity indicates a growing demand for the underlying asset. The #Ethereum network just saw 1,089,893 unique wallets acting as a sender or...

Stablecoins from Circle and MakerDAO have been less stable than those from Tether and Binance in the last couple of years, states a new S&P Global report. Analysts at S&P Global have noted that while all dollar-pegged stablecoins are susceptible to fluctuations, certain ones, like Circle’s USD Coin (USDC) and MakerDAO’s Dai (DAI), have exhibited a greater tendency to depeg compared to others. A comprehensive study conducted in September by Dr. Cristina Polizu, Anoop Garg, and Miguel de la Mata analyzed the valuation and depegging trends of five prominent stablecoins: USDT, BUSD, Paxos (USDP), USDC, and DAI. You might also like: USDC market cap hits two-year low even after Coinbase stake The findings highlighted that USDC and DAI have experienced more frequent depegging incidents than their counterparts, USDT and BUSD, over the past two years. Notably, USDC’s value plummeted below $0.90 for 23 minutes, and DAI’s value dipped for 20 minutes i...