ETH Holders to be Millionaires, but Wen Lambo?

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Voice of Crypto's Weekly Newsletter?

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Here’s what we’ve got for you:

• Market Pulse
• Biggest Web3 Stories
• Top Video of the Week
• Featured Web3 Event

Market Pulse?

On Friday, September 15, the cryptocurrency market experienced a remarkable upswing ??, signalling renewed investor confidence despite unexpectedly high economic data. This week saw a flurry of data releases, fuelling concerns about market inflation. However, in a twist of fate, the cryptocurrency market remained firmly in the green following these pivotal data points. ????

At the time of writing, the Fear and Greed Index stood at 38, indicating a prevailing "fearful" sentiment in the market. Nonetheless, major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Tron (TRX), among others, continued to deliver strong performances. ????

Bitcoin was trading at $26,582, marking a 1.27% gain ??, with its market capitalization increasing by the same percentage to reach $517B. Ethereum also saw a 0.69% price increase over the past 24 hours, reaching $1,628, while its trading volume dipped by 13% to $4,769,797.

In the meme cryptocurrency realm, Dogecoin's price rose by 0.64% to $0.061 ????, while Shiba Inu's price increased by 1.50% to 0.000007377 from the previous day.

The positive momentum in major cryptocurrencies bolstered the overall cryptocurrency market, which saw its global capitalization rise by 0.93% to $1.05 trillion compared to the previous day. This gain occurred despite a significant 7.97% drop in the total cryptocurrency market volume, which now stands at $26.81 billion. ??????

Currently, DeFi boasts a total volume of $1.8B, accounting for 6.73% of the total crypto market 24-hour volume. Stablecoins, on the other hand, command a volume of $24.68B, representing a substantial 92.05% of the total crypto market 24-hour volume.

Bitcoin's dominance is now at 49.12%, reflecting a slight 0.04% increase over the day. ????

Biggest Web3 Stories

FTX Gets Approval To Dump $3.4 billion Of SOL, BTC, ETH – Here’s How Solana May Can Still Make a 30% Jump

• FTX has been granted approval by a US court to liquidate $3.4 billion worth of digital assets, including Solana, Ethereum, and Bitcoin.
• The crypto market is showing signs of weakness, with the global market cap down nearly 30% in the last 24 hours.
• Solana has bucked the trend and actually risen 4.5% in the last 24 hours, despite the selloff in the wider market.
• This is likely because SOL’s majority holdings (about $1.2 billion) are staked and cannot be liquidated.
• SOL is still trading above its relevant support levels, but it is approaching a key resistance level at $18.90.
• Read the full story here

Early Ethereum Buyers Will Make Trillions, Says Cathie Wood’s Ark Invest

• Ethereum has performed very well in bull cycles, with a 5500% rally in the 2020-2022 cycle.
• Cathie Wood’s Ark Invest is bullish on ETH and predicts a market cap of $20 trillion by 2030.
• This would translate to an Ether price of $170,000-180,000 per coin.
• Ethereum is currently in an ascending wedge formation, which is a bearish pattern.
• However, the long-term outlook for ETH is bullish.
• Read the full story here

Former SEC Chairman’s Bold Prediction: Is Bitcoin ETF Approval Just Around the Corner?

• A Bitcoin ETF could lead to a massive price rally for BTC
• Former SEC chairman Jay Clayton believes that the establishment of a spot Bitcoin ETF is “inevitable.”
• BTC has consolidated since hitting $32,000 in June and has even retraced all its progress since mid-June.
• BTC is not entirely stable at the moment, and a further significant drop to $20,000 cannot be ruled out.
• Read the full story here

SHIB Shaky Despite Shibarium New Wallets, Transactions, Other Metrics Skyrocketing

• Shibarium has made an astonishing comeback after a particularly underwhelming first launch.
• The number of Shibarium transactions has more than doubled over the last week.
• The total number of transactions the network has processed so far has now reached an astounding 1.75 million, with more than 558,000 total blocks.
• Some of Shibarium’s success has rubbed off on Shiba Inu, as outlined by a recent blog post.
• Shiba Inu’s whales have been taking advantage of Shiba Inu’s price weakness, and are now accumulating the cryptocurrency massively.
• Read the full story here

VOC Top Video of the Week

Riding the Crypto Wave: Mastering Web3, Crypto and AI Marketing with Andy!

Join the enigmatic CryptoAndy as he unveils the cutting-edge world of Web3 and Cryptocurrency Marketing. In this action-packed video, you'll dive into the realm of blockchain-powered campaigns, NFTs, and decentralized finance strategies. Uncover the secrets of harnessing the latest trends in the crypto space to supercharge your marketing efforts. Whether you're a seasoned marketer or a curious entrepreneur, this captivating exploration will equip you with the knowledge to thrive in the digital age.? Don't miss out on this opportunity to ride the crypto wave and elevate your marketing game to new heights! Watch to know more

Featured Web3 Event

With Over 10,000 Attendees Confirmed, TOKEN2049 Singapore Sets Record-Breaking Attendee and Sponsor Numbers Amid All-Star Speaker Line-Up

TOKEN2049, Asia’s premier Web3 and crypto conference, confirms a record-breaking 10,000+ attendees and over 300 exhibitors ahead of its upcoming Singapore edition, with over 400+ side events taking place as part of TOKEN2049 Week. Dominated by industry pioneers spanning the worlds of traditional finance and banking, digital assets, AI, and Web3, TOKEN2049 has certainly solidified its position as the industry’s most anticipated event of the year. Read the full story here

That’s a wrap for today!

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