Crypto Report: Weekly Trends, Leading Cryptocurrencies, and NFT Updates

Dear Readers,

Bitcoin has faced significant selling pressure over the past two days due to rising tensions in the Israel-Iran conflict. Following reports of Israel's likely retaliation to Iran's attack, Bitcoin's price dropped by 2.03% today, falling to $60,398. Similarly, Ethereum has decreased by 5.55%, dropping to $2,337. Other altcoins, including Solana (SOL), Dogecoin (DOGE), and Toncoin (TON), have also experienced comparable declines.

Highlights of The Week

• Coinbase has filed a federal petition to compel the Commodity Futures Trading Commission to disclose communications with several crypto token issuers for its defense against an SEC lawsuit.

•  Ethereum re-staking protocol EigenLayer and cross-chain messaging protocol LayerZero launched a system for enhanced cross-chain communication security, featuring a partnership and a framework for "CryptoEconomic Decentralized Verifier Networks."

• The Tron Network achieved a record $577 million in revenue for Q3, surpassing major blockchains like Bitcoin and Ethereum in quarterly earnings.

• The SEC filed a notice of appeal in the Ripple lawsuit on October 2, aiming to reverse a ruling by Judge Analisa Torres.

• Bitwise has officially submitted a filing for the first spot XRP exchange-traded fund (ETF) with the SEC.

Crypto Fear & Greed Index

Investors are feeling nervous about the ongoing conflict between Israel and Iran. This is making them worried about the future of the stock market and cryptocurrency. As a result, the price of Bitcoin is going down. The Crypto Fear & Greed Index has dropped from 42 to 37, which shows that investors are becoming more fearful. This shows that the price of Bitcoin can be affected by events happening around the world.

ATH Coins

When a cryptocurrency hits an all-time high (ATH), it signifies exceptional performance and increased investor interest. Nevertheless, market volatility continues to be a major factor. Conducting comprehensive research is crucial before putting money into coins at their ATH. Explore the latest leading performers that have recently achieved ATH.

Today marks a significant milestone for SPX6900 (SPX), achieving an all-time high (ATH) price of $0.1944. Currently, the token is priced at $0.1892, with a robust trading volume of $13.18 million. SPX6900 stands out as an advanced blockchain cryptography token, showcasing limitless possibilities and potential scientific applications in various fields.

Satoshi Airline (JET) has also reached an ATH today, with a price of $0.9038. The current price is $0.8701, supported by a trading volume of $200,866.67. This innovative platform allows users to earn and redeem JET tokens for travel, stake them for rewards, and engage with decentralized finance (DeFi) products, making it a versatile option for crypto enthusiasts.

The FUD (FUD) token has hit an ATH of $0.069361 today, currently trading at $0.068726 with a volume of $3.48 million. FUD serves as the community coin for the Sui Network and is founded by a decentralized team of creators and developers within the Sui ecosystem, fostering a collaborative and innovative environment.

DARKTIMES (TIMES) has achieved an ATH price of $0.02855 today, with its current price at $0.0279 and a trading volume of $98,928.52. DARKTIMES is a free-to-play Nordic Brawler Royale set in a brutal medieval world of blood magic, blending dark fantasy with British humor and over-the-top action.

Yesterday, sudeng (HIPPO), reached an ATH of $0.01401. Currently, the price sits at $0.01147, with a trading volume of $26.29 million. This fan-created memecoin celebrates Su Deng, the world's cutest hippo, and has garnered a dedicated community around its playful concept.

Top Movers (24H)

The growing acceptance of the cryptocurrency market as a credible investment opportunity has prompted erstwhile skeptics to eagerly integrate it into their portfolios, adding a variety of digital assets. Meanwhile, seasoned crypto investors are bolstering their investments, driving significant price increases in a number of cryptocurrencies over the last 24 hours. Here’s a look at some of the major cryptocurrencies that have recently seen impressive price rises.

Galaxis (GALAXIS) has made a amazing leap in the past 24 hours, currently priced at $0.00253, reflecting a significant surge of 45.41%. With a trading volume of $2.20 million, Galaxis stands out as a no-code Web3 platform that empowers creators and communities to own and manage their spaces without the constraints of traditional models.

analoS (ANALOS) is also making waves, now priced at $0.00005641 after a surge of 43.42% in the last day. Its trading volume reached $3.85 million. AnaloS is a decentralized cryptocurrency that facilitates secure and transparent transactions, supporting various applications while aiming to foster community engagement and innovation within the blockchain ecosystem.

KINE (KINE) has seen a solid increase, currently trading at $0.05251, up by 25.33% over the past 24 hours. With a current volume of $5.87 million, Kine operates as a decentralized protocol that creates general-purpose liquidity pools backed by a customizable portfolio of digital assets.

BizAuto (BIZA) has also made gains, now priced at $0.001324 with a 21.94% increase in the last 24 hours. The trading volume stands at $649,354. BizAuto is designed as a crypto asset for payments, featuring a MainNet that accelerates transaction speeds and utilizes quantum technology for enhanced security, built on a Delegated Proof-of-Stake (DPoS) algorithm.

Lastly, TENET (TENET) has jumped to a price of $0.005248, marking a rise of 15.87% in the past day, with a trading volume of $2.31 million. TENET is pioneering the development of multiple new DeFi primitives, which have the potential to transform the DeFi landscape.

Non-Fungible Tokens – Developments

• Pos Indonesia has launched its first set of stamps integrated with non-fungible tokens (NFTs), marking a significant move into the digital space.

• Melania Trump has unveiled a necklace featuring a Solana NFT, blending fashion and technology in a new collection.

• Japan's upcoming Prime Minister, Shigeru Ishiba, plans to promote blockchain and NFT technologies as key elements of his policy agenda.

NFTs To Watch (24H)

Mutant Ape Yacht Club

In the past 24 hours, the Mutant Ape Yacht Club has seen impressive activity, with a trading volume of 81.81 ETH, marking a significant increase of 33%. The current floor price stands at 1.8 ETH, and there have been 45 sales within this period. This unique collection consists of up to 20,000 Mutant Apes, which are created by exposing an existing Bored Ape to a vial of Mutant Serum or through a public minting process.

Lil Pudgys

Another noteworthy collection is Lil Pudgys, which has recorded a trading volume of 36.59 ETH, reflecting a 14% increase. The floor price for Lil Pudgys currently sits at 0.8768 ETH, with 42 sales reported. This collection of 22,222 NFTs is a pivotal part of the Pudgy Penguins legacy, representing a charming extension of the original series.

GOMBLE SpaceKids

Lastly, the GOMBLE SpaceKids collection has made headlines with a trading volume of 23.35 ETH, showcasing a surge of 85%. The floor price for these NFTs is currently 0.146 ETH, with a notable 158 sales occurring. The SpaceKids NFTs are designed as profile pictures and offer exclusive benefits, granting holders access to significant token allocations within the expansive GOMBLE universe.

That's it for today. Thanks for reading. Good luck out there!

Best Regards,
Crypto Recorder Team

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