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TON Blockchain Prepares for Massive User Surge from Hamster Kombat Airdrop Today
TON blockchain is gearing up for an influx of millions of users from the Web3 game Hamster Kombat.
Steven Walgenbach
September 26, 2024
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Breaking Crypto Stories
Here are the top stories today:
TON Blockchain Braces for Hamster Kombat User Surge as Validators Prepare for Increased Demand
Binance Still Serves Russian Users Despite 2023 Exit Amid Compliance Strategy
Silvergate's Collapse Linked to Regulatory Pressure, Claims Industry Insider
Question of the Day
Will TON experience another outage today with the HMSTR airdrop?
🐹TON Blockchain Braces for Hamster Kombat User Surge as Validators Prepare for Increased Demand
TON blockchain validators are gearing up for a massive influx of users from the Web3 game Hamster Kombat, with expectations of heightened system demand and bandwidth needs.
TON validators are preparing for millions of new users from the Web3 game Hamster Kombat, set to mint the Hamster Kombat coin (HMSTR) on the TON blockchain.
Validators have been advised to join a Telegram channel for real-time updates and ensure high availability between Sept. 26 and 29, with urgent response times of one hour.
Hamster Kombat, with over 200 million users, plans to introduce external payment systems, NFTs, and new games within its ecosystem in Q4 2024.
⚖️Binance Still Serves Russian Users Despite 2023 Exit Amid Compliance Strategy
Binance still serves a limited number of Russian users while emphasizing compliance with international sanctions, despite its official exit from the Russian market in 2023.
Binance confirmed it continues to serve a small number of Russian users, ensuring the safety of their assets while adhering to global sanctions and regulatory restrictions.
After selling its Russian operations to CommEx in 2023, Binance's Russian market traffic declined by 43%, though Russia still accounted for 6% of its total website visits as of mid-2024.
Despite its exit, Binance's Russian-language Telegram channel remains active with over 130,000 subscribers, sharing updates about new token listings and platform changes.
🪙Silvergate's Collapse Linked to Regulatory Pressure, Claims Industry Insider
Nic Carter argues that Silvergate Bank was forced into voluntary liquidation by U.S. regulators, despite being on a recovery path, as part of a broader effort to undermine the crypto industry.
Nic Carter, a partner at Castle Island Ventures, claims Silvergate Bank could have survived the 2023 banking crisis but was pressured by U.S. regulators to cap crypto deposits at 15%.
Carter believes the government’s covert actions, referred to as "Operation Choke Point 2.0," played a significant role in destabilizing crypto-friendly banks, including Silvergate, Signature, and Silicon Valley Bank.
While acknowledging that Silvergate had weaknesses, such as insufficient money laundering controls, Carter insists regulatory pressure was the key factor in its demise, not the market downturn.
Potential Trade Opportunities
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Ecoinimist is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
LayerZero (ZRO)
Price Movements: ZRO’s price has risen from $4.511 to $4.842, but a slight dip to $4.831 was noted in the last analyzed bar, signaling a possible slowdown in the upward momentum.
Key Levels to Watch: Support levels to monitor are at $4.419, $4.369, and $4.316. These levels may offer potential bounce-back points if the price begins to decline.
Trade Strategies: For long trades, entering near support levels with exits around the recent high price could be strategic. For short trades, consider entering if ZRO falls below the 9 EMA, with exits near the mentioned support levels.
Ether.Fi (ETHFI)
Price Movements: ETHFI is currently showing sideways movement, with signs of a potential bullish reversal as momentum indicators start to shift.
Key Levels To Watch: Resistance at $1.524, $1.546, and $1.549; support at $1.516, $1.502, and $1.488.
Trade Strategies: Long trades could be considered above $1.524 with targets at $1.546 and $1.549, while short trades may be viable on resistance rejections, with exits near $1.502 or $1.488.
Dogwifhat (WIF)
Price Movements: WIF has shown bullish momentum, with the 9 EMA consistently above the 20 EMA and MACD indicating growing buying pressure. However, RSI is nearing overbought territory, suggesting potential for a pullback.
Key Levels to Watch: Key support levels are at $1.995, $1.982, and $1.968, while resistance is at $2.15. A break above resistance could signal further upward movement, while dropping below support may indicate a trend reversal.
Trade Strategies: Long positions may be considered near $1.995 support, with stops below support levels. Short trades could be initiated around $2.15 resistance or if momentum weakens and indicators signal overbought conditions.
ICYMI:
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