home equity lines

😺 Who will get the drop from Catizen? 

The main drop will be given to users who have made in-game transactions. The bigger the spend, the bigger the drop. Next in weight would be those who were pumping their kittens. Probably, Catizen will be a very cool performer and will change the vector of TMA's development.  

As a reminder, the listing of CATI tokens will take place on September 20 on Bybit and possibly other exchanges.

☝️ Market expectations regarding the Federal Reserve meeting

Polymarket estimates the probability of a 25 basis point interest rate cut by the Fed at 90%. Before the announcement of inflation data, the figure was 74%. A 50-basis point cut is estimated at 10%. According to the forecast of the CME exchange, a reduction of 25 is 71%, 50 – 29%. Earlier, the experts of 10x Research said that easing the rate by 50 points will negatively affect the cryptocurrency market. 

⛏️ Bitcoin mining complexity has hit an all-time high

On September 11, there was a recalculation of bitcoin mining difficulty, according to BTC.com. This indicator updated the historical maximum and reached 92.67 T (+3.58% since the last change date). The current average hash rate in the bitcoin network is 616.13 EH/s. The next recalculation will take place tentatively on September 25.  The complexity of mining determines the required total power of equipment for cryptocurrency mining.

🤌 Binance Labs makes injections in Blum

Blum project was officially launched on April 19 this year. Then Binance Labs included it in the MVB incubator program.  Blum is a hybrid-decentralized crypto exchange integrated into the messenger Telegram. Blum works as a gamified mini-application. The project has attracted more than 60M users and has more than 18M active daily users.

💲Inflation in the U.S. slows to 2.5% in August – the lowest since February 2021

Consumer prices (CPI index) in the U.S. increased by 2.5% in August compared to the same month last year, according to the U.S. Department of Labor. Thus, the rate of inflation slowed compared to 2.9% in July and was the lowest since February 2021.The Consumer Price Index (CPI) is viewed as a measure of inflation. When the CPI rises significantly, fiat currencies like the U.S. dollar lose their purchasing power.

As some view Bitcoin as a "safe haven" for capital. Therefore, a rising CPI could theoretically contribute to the growth of Bitcoin's price, as it may serve as a store of value not directly tied to the economic policies of any one country. However, in practice, the correlation between the CPI and Bitcoin's price is not always straightforward or positive. 

🔑 Key crypto market highlights (September 11-18)

• Hedera (HBAR) will be upgrading the mainnet to v0.53 (11.09)
• Swarm (BZZ) to release Bee v.2.2.0 update (12.09)
• Velar (VELAR) to be listed on BitMart (12.09)
• Sweat Economy (SWEAT) will unlock 556.26M tokens, or 2.54% of the maximum supply (13.09).
• BC 2024 convention in Amsterdam (13-16.09).
• Root Protocol (ISME) unlock of 8.24M coins or 8.02% of maximum supply is set (13.09).
• StarkNet (STRK) will unlock 64M tokens or 3.60% of the circulating supply (15.09)
• Nigella Chain to launch a new multi-level marketing program, Nigella MLM (15.09)
• Tokemak to launch an autopilot (16.09)
• Boba Network (BOBA) announced that the Granite hard fork (16.09)
• TOKEN 2049 crypto event in Singapore (18-19.09)
• Sabai Protocol (SABAI) – 56.3M tokens, or 2.13% of the maximum supply to be unlocked (18.09).

💲 Ideas 

[1] 🔔How to get $32 from ByBit

To celebrate the listing of the SUNDOGE token, the ByBit exchange has launched a new TokenSplash with a reward of 100 SUNDOGEs  

What to do?

• Register on ByBit and pass KYC 
• Go to the promo page and confirm participation

For new users:

• Deposit at least $100 per account.
• Make trading of $100 on the spot in USDT/SUNDOGE pair.
• The first 8k participants get 100 SUNDOGE (~32$) each.

For all users:

• Make trading volume from $500 in USDT/SUNDOG pair. The higher the volume, the higher the reward amount.

[2] 🔔 ETHUSD could face bearish pressure

According to RLinda's technical analysis, the ETH/USD pair is currently experiencing a counter-trend bounce, targeting key resistance levels while being trapped in a broader bearish trend. Ethereum (ETH) is facing a challenging period as market participants attempt to identify a bottom. The withdrawal of the Ethereum Trust fund by WisdomTree and the closure of VanEck's futures ETH-ETF indicate weak institutional interest, which is reflected in the lack of whale accumulation since July.

Technically, ETH is facing resistance at key levels, including 2375, 2460, and 2510, while support exists at 2309 and 2111. These resistance zones, combined with trend lines and moving averages, may act as barriers to further upward movement. A break below the 2309 level could trigger a deeper decline toward 2100-2000, as this zone may serve as a liquidity trap before further downside tests.

Market participants are closely monitoring ETH's performance, with many expecting a decline if resistance holds.

*Any technical analysis in the long run cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions

[3] 🔔 Get active at Moonveil with an eye on MORE token drops

Moonveil is a Web3 game development studio and L2 ecosystem focused on gamers. The team behind made up of professionals who have held executive positions at Netease, Funplus, CARV and Riot Games, League of Legends, Valorant, Minecraft and EVE Online. 

After two funding rounds, the project managed to raise $9M from The Spartan Group, HashKey Capital, Animoca Brands and others.

Now we have a chance to accumulate Moon Beams (MB) points, which will be converted into MORE - the future native token of the ecosystem. The MB to MORE exchange ratio is unknown.

What to do?

• Register via the link and get an additional 15 MB,
• Activate the code KOLGNCIS-0CPL-P1IQ in the Redeem Code tab to get 50 MB,
• Fulfill available quests in the My Season Pass section, then Tasks,
• Invite users through the referral program.

Thanks for being with us! Stay bullish and HODL on tight! 🐂💪

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