As the new week begins in the Bitcoin and altcoin world, enthusiasts and investors are eagerly awaiting the exciting events that will take place on Monday. From major blockchain developments to major network updates, the cryptocurrency market is gearing up for another week of action. In this article, we will take a look at the important developments that will take place on Monday and provide valuable information about the latest developments in the crypto world. Stay tuned as we examine the key events that could shape the week ahead. Here are the details…
This is the critical week for altcoin projects
- Abyss World (AWT) is ending screenshots for BVB today.
- Berlin Blockchain week ends today.
- DAI is raising the debt ceiling today.
- Swiss Web3 Fest ends today.
- STEPN ends its sneaker minting process today.
- Dogelon Mars (ELON) announced that its artificial intelligence (AI) adventure will begin tomorrow.
- Chiliz (CHZ) will hold a Q&A event via Twitter Spaces tomorrow.
- Open Campus (EDU) will publish the list of authorized candidates for OC ID phase-1 tomorrow.
- Storage Developer Conference, a conference for developers focused on storage on blockchain, starts tomorrow. The event will end on September 21.
- Splintershards (SPS) will hold a question and answer event tomorrow.
- Camp Hustle Asia event starts tomorrow.
- According to WEMIX announcement, Dark Eden M ends tomorrow.
- Sibos 2023 Toronto Conference starts tomorrow.
- DXC will release its secure feature tomorrow.
- ASTR continues the voting process for its integration with QUICK until September 19.
- JOE continues to provide Epoch 12 liquidity rewards.
- POLIS is launching a “cover” for CORE Collectible.
- ALPHA continues its incentive program.
What is the latest situation in the market?
Bitcoin’s price has failed to produce anything significant over the past 24 hours and has largely remained where it traded yesterday, around $26,500. However, while $27k looks like the next resistance to overcome, according to the co-founder of Glassnode, if the cryptocurrency is to reach that level, there will be some selling pressure caused by profit booking around $27.4k and later at $28.2k. it could be. As a result, he believes that the current rise in Bitcoin’s price will eventually lead to another test of the coveted $30,000 level.
Altcoins also failed to show any movement in the last 24 hours. This is perhaps to be expected, considering the market tends to be slower on the weekend. Ethereum, XRP, SOL, TRX, ADA, DOGE, BNB and many other leading cryptocurrencies show very small changes below 1% in either direction.
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