• TEXT= DATE: 15.10.2024 deBRIDGE  |  IDO  |  INFRASTRUCTURE
  • TIMER= 16.10.2024
  • BUTTON= FIND OUT MORE
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-13BTC Dominance: 51.25%
image-alt-14 ETH Dominance: 16.27%
image-alt-15 BTC/ETH Ratio: 13%
image-alt-16 Total Market Cap 24h: $1.65T
image-alt-17Volume 24h: $42.89B
image-alt-18 ETH Gas Price: 26 Gwei
 

ICNL 006

Nws Header Img

OCTOBER 2024, #1

  • Thank you for being here
  • Forward this Newsletter
  • Please share your feedback

We read every day 300+ web3 breaking news and articles from top-notch broadcasters, analyze on-chain moves from exclusive sources, and track the most important KPIs of the macroeconomy. Let’s Go!

Content

  • This Week on ICN.live Latest news from ICN.live with the hottest topics and trends from the blockchain industry and web3. 
  • The Podcast ICN.talks We take your questions to top leaders in the industry within an electrifying talk-show series that is set in the dynamic city of Dubai and dedicated to discovering the most successful investment stories.
  • From Our Partners In this section, we bring you solid projects with visionary founders, cool ideas with great utility that want to have an impact.
  • Market Updates When you change the way you look at things, the things you look at, change. The industry through our lenses with the only goal to get you thinking.
  • Iron Capital LAB Ever wondered what could have been if you had discovered tokens much earlier, ones that everyone is talking about now? 
  • Web3 Industry in 5min From Blockchain to DeFi, to AI and Gaming, all the way to Robotics and Tech. Relevant and Fast!
  • IRON Mindset Your Mental Edge in Finance! In this section, we explore the powerful intersection of psychology and finance. Micro self-management improvements with macro benefits from our founder Dani Topala. Experience the difference of 1% club mentality! 
  • IRON Deals We’re on a mission to hook you up with exclusive promotional prices, sweet discounts, and downright cool offers from our fantastic partners. Keep your expectations low, and get ready to be pleasantly surprised!

OUR ECOSYSTEM

ICN.letter Your Global Web3 Pulse | #006

THIS WEEK ON… Nws Icn Live White

ICN.live, as a right-on-time web3 news broadcaster that serves as the rapid-response front line is the heartbeat of immediate updates, catering to those who seek to stay on top of breaking developments in the dynamic worlds of digital finance, technology, and innovation.

ICN.live with its web3 news insights, has been created to give
you the most accurate, relevant, and latest information in the industry.

OUR PARTNERS

Vector@2x

IXFI delivers a fun and rewarding crypto experience.
Our gamified platform lets you earn crypto, NFTs, and digital rewards by completing simple tasks.

At IXFI, our vision is to accelerate people’s access to digital currencies and financial freedom. We believe that our user-first approach can improve the lives of people around the world and as we continue to grow and evolve, our community is at the heart of everything we do.

Our mission is to make digital currencies accessible to everyone by providing a user-friendly interface and cutting-edge products. We’re committed to becoming the leading cryptocurrency exchange.

VISIT THE WEBSITE

Icn Blk…WATCH THE LATEST EPISODE HERE

We take your questions
to top leaders in the industry!

E028 The Podcast ICN.talks

With Eljaboom, one of the most controversial crypto influencers in the industry. His points of view are straight to the core, with no hidden thoughts. His approach is clear, efficient, and based on taking action right away when the opportunity arrives. It was one of the most dynamic conversations in our series so far with him revealing behind the scene stories. 

Next Episode Oliver von Wolff, Founder & CEO of Helion Capital 

BACK TO THE TOP ⯅

WHAT'S HAPPENING?

ICN.letter Your Global Web3 Pulse | #006

Firefly An Eyeball In 4d Render Made Of Copper Wiring And Charcoal In Hyperspectral Tones In 8k 2324d (1)

Market Updates

WEB3 MARKET STATS

When you change the way you look at things, the things you look at, change.

The crypto market has been a rollercoaster lately. As Bitcoin faces a sharp correction, many are left wondering whether the bull market is over or if this is just another temporary dip. Let me reassure you: this correction does not spell the end of the uptrend—quite the opposite. For those who are savvy enough to look beyond the noise, there are opportunities waiting to be seized. Today, we’ll break down the current situation, identify key price levels to watch, and explain why this is a prime buying opportunity.

A Necessary Correction, Not a Trend Reversal

Bitcoin has dropped after recently breaking through the resistance between $65,000 and $66,000. This move caused excitement among investors, but my advice was always to approach this breakout cautiously. History shows that the first breakout after a consolidation often attracts a lot of buyers, making it vulnerable to a pullback. And that’s exactly what we’re seeing right now—a healthy market correction, not a crash.

Currently, Bitcoin is trading above key support levels that indicate the overall bull market remains intact. Specifically, the price remains above the bull market support band, an indicator that has historically played a critical role in determining whether an uptrend is continuing or not.

 

Key Levels to Watch for Bitcoin

To understand where Bitcoin might head next, it’s crucial to keep an eye on a few critical support levels. Specifically:

Weekly Support Band: This ranges between $61,000 and $62,500. It’s crucial to understand that this is a weekly indicator, meaning its reliability becomes evident only after weekly candles close. Currently, we’re in the middle of a week, and any conclusions about breaking below support are premature.

  Daily Support Level: On the daily timeframe, the 200-day Exponential Moving Average (EMA) is holding strong around $60,000. This level has been a significant pivot for Bitcoin over the last several months, acting as support in March, May, and again in recent weeks.

These levels represent the zones I’m watching closely for potential buying opportunities. If Bitcoin manages to stay within this range, the chances of a bullish rebound increase significantly.

Opportunity in the Altcoin Market

While Bitcoin garners most of the headlines, many altcoins are also presenting attractive entry points during this market dip. I keep a diversified portfolio of five different altcoin categories, and I can confirm that some altcoins are now trading at excellent entry points.

Among these altcoins are those within the AI and meme coin sectors, which have remained resilient despite the overall market correction. Specifically, AI-focused projects have shown strength, with consistent price gains over the past 30 days. This makes them ideal candidates for those looking to capitalize on the current market retracement.

However, not all sectors are equally strong. The gaming sector, for example, has been more mixed, with some of the top projects showing considerable retracement. This is why I’m selective in recommending altcoins, as the market’s current environment is highly dynamic, and gaming tokens carry more risk until they reach key support levels.

Buying the Dip: A Strategy for Long-Term Gains

One key takeaway here is that this market dip provides a chance to accumulate Bitcoin and selected altcoins at attractive prices. The $58,000 to $62,500 range for Bitcoin is what I call the “buy zone”—a strong area to start accumulating if Bitcoin is to continue its uptrend.

That said, timing is everything, and patience will be rewarded. When investing, I advise watching for two weekly candle closes above critical support levels before committing significant funds. Even if Bitcoin closes below $58,000, that doesn’t automatically mean the bull market is over. Market signals can be mixed, and waiting for two weekly candles will give a more reliable indication of whether we’re dealing with a reversal or just a temporary dip.

This approach isn’t just about Bitcoin. When it comes to altcoins, buying the dip should follow a similar strategy: select strong projects, wait for clear support confirmation, and enter only if the setup provides a good risk-reward ratio.

A Final Note: Stay Calm, Stay Informed

 

Right now, it’s more important than ever to stay calm. In crypto, volatility is part of the game. The key is understanding that corrections like this don’t mark the end of a bull market but offer opportunities for the next wave up.

I’m buying heavily during this shakeout, but with caution. Monitoring the daily and weekly signals helps keep the risks manageable. Crypto investing is all about strategic entry points, managing risks, and, most importantly, knowing when to stay patient.

For those ready to take action, now is the time to keep an eye on the charts, identify key support zones, and make the most of this buying opportunity. The market is setting up for its next move, and if history tells us anything, those who remain calm and strategic during these moments are often the ones who come out ahead.

 

Btcusd 2024 10 03 02 07 53
Ethusd 2024 10 03 02 08 19
Btc.d 2024 10 03 02 08 01
Ethbtc 2024 10 03 02 09 10
Total3 Btc 2024 10 03 02 08 08
Eth.d 2024 10 03 02 08 25

BACK TO THE TOP ⯅

LOOKING FOR LIKE ETHEREUM AT $5 PROJECT?!

ICN.letter Your Global Web3 Pulse | #006

Firefly A 3d Render Of An Alien Made Out Of Various Colors Of Smoke 97917c (1)

 

Ic Lab Master Full Black Logo

The Research Center

Hey Iron Investors!

So, I’ve been thinking a lot lately—probably like most of you—about where the next big move might be. What’s the next killer narrative? What’s flying under the radar but ready to explode?

EcoNFTs: Pioneering a Circular Economy in the Digital Age

After digging around, I stumbled upon something completely overlooked, or maybe not even on anyone’s radar yet. Given how much talk there is about sustainability, regenerative economies, and environmental issues (plus, you know, BlackRock tokenizing everything), I’m convinced that the Circular Economy in NFTs is about to catch some serious attention and adoption soon.

Let’s keep our eyes on this one! 

So, the circular economy in NFTs is basically about merging blockchain tech with sustainable, eco-friendly ideas. Imagine a world where instead of things being thrown away after use, everything gets reused, recycled, or repurposed. Now, apply that to the digital world with NFTs, and boom! We’ve got a system where owning something digitally doesn’t just mean having a cool item—it could also mean making a real-world impact.

Key Ideas in a Nutshell:

Sustainability: You know how people worry about the energy blockchain uses? Well, with NFTs on energy-efficient platforms (think Proof-of-Stake), it’s getting greener. Some are even pushing for carbon-neutral or carbon-negative solutions. So, NFTs could soon be guilt-free!

Tokenizing Physical Stuff: Picture this: real-world goods like your sneakers or favorite tech get tokenized as NFTs. This way, you can track their entire life cycle—where they came from, who owned them, and whether they got recycled. It’s all about making the most out of what we already have.

Tracking Lifecycles: NFTs can be used to keep a record of ownership and repairs for physical items. Let’s say you own an NFT linked to a product—if you recycle it or trade it in for something new, the NFT could unlock rewards like discounts or tokens.

Digital-First Thinking: Brands could use NFTs to extend the life of products virtually. Imagine creating digital twins of real items, which could be updated, resold, or even recycled in the virtual space. This way, brands reduce waste by only producing what’s needed.

DeFi Meets Circular Economy: Decentralized Finance (DeFi) could fund eco-friendly projects. NFTs could act as collateral to finance recycling initiatives or second-hand marketplaces. It’s all about using blockchain to make recycling and reusing as rewarding as possible.

The Bigger Picture:

Transparency: Blockchain tech means you can see the entire history of a product, so you’ll know exactly what you’re getting and where it came from. It’s all about making informed, sustainable choices.

Less Waste, More Value: NFTs could drive us towards smarter use of resources by encouraging recycling and reducing material waste. That means less junk in landfills and more efficient production.

Eco-Incentives: NFTs could also come with perks. Imagine earning tokens or rewards for recycling your old stuff or engaging in eco-friendly practices.

Oh, yes, we have risks too!

While the concept of a circular economy in NFTs holds promise, several risks come with this evolving space. These include environmental, technological, financial, and regulatory concerns. Let’s break them down:

Environmental Impact

Risk: If not properly managed, the environmental costs could undermine the sustainability goals that the circular economy aims to achieve.

Technological Challenges

Risk: A lack of mature, stable infrastructure could lead to system failures, loss of value, or issues in tracking real-world items tied to NFTs.

Ownership and Legal Complications

Risk: Legal ambiguities about the relationship between NFTs and their real-world counterparts could create confusion, disputes, or regulatory hurdles.

Regulatory Uncertainty

Risk: Regulatory uncertainty could slow the adoption of NFTs or lead to costly compliance measures, making the circular economy model harder to implement at scale.

Adoption and Accessibility

Risk: Slow adoption or a lack of understanding from key stakeholders could hinder the growth of this model and delay any potential environmental benefits.

Misuse of the Concept

Risk: Companies might exploit the concept without real sustainability efforts, leading to scepticism and erosion of trust in the value of circular economy NFTs.

The concept is still emerging, but it has the potential to reshape industries like fashion, real estate, and art, all while promoting sustainability. Pretty cool, right? The circular economy in NFTs might just be the next big thing that aligns with global sustainability goals!

That’s all from my side folks,

Robert, CRO Iron Capital

BACK TO THE TOP ⯅

ARTIFICIAL INTELLIGENCE

ICN.letter Your Global Web3 Pulse | #006

Firefly A Polite Modern Robot That Holds Out A Flower To Make Honey For A Picture Of A Bee In A Larg (1)

AI

PIC OF THE WEEK

WITH ADOBE FIREFLY

A polite modern robot that holds out a flower to make honey for a picture of a bee in a large full-art painting on the wall.

TRENDING TOOLS

Replio Transform your surveys into AI-driven conversational interviews.

Sequel Get instant insights and visuals by simply asking questions about your data.

Unblocked Developers get accurate answers about their codebase

Nuvio An AI-powered platform that handles your income, expenses and cash flow, letting you focus on what matters.

PROMPT OF THE WEEK

Happy Zebra

Prompt:  Miniature zebra thriving in an Ethereal Biome, where flora and fauna glow with bioluminescent lilac and aqua tones, creating a surreal, dreamlike environment.

Source: Adobe Firefly

BACK TO THE TOP ⯅

GAMING

ICN.letter Your Global Web3 Pulse | #006

Firefly A Creative Zone With Robots, Computers, Desks, A Metaverse Space, Flying Robots, Artificial (1)

Gaming.

ReadyVerse – Next Level!

 

Readyverse, this self proclaimed next-gen metaverse gaming platform, just announced a couple of cool partnerships to get more people excited about their upcoming battle royale game Open, which is still being developed for PC and consoles.

One of the new deals is with the NFT community Neo Tokyo, which means their Citizens characters are going to be in Open. They’ll be joining forces with other collaborations like Cool Cats, Reebok, and even a DeLorean (yes, like from Back to the Future).

On top of that, Readyverse has the rights to the Ready Player One universe, thanks to the fact that the author, Ernest Cline, is one of the co-founders. Pretty awesome, right?

The other partnership is more about making the game look amazing. Readyverse teamed up with Wētā Workshop (not the SFX guys from Wētā FX, but the ones known for cool film props and game development). They’re helping to nail down the overall visual design of the game.

BACK TO THE TOP ⯅

DeFi

ICN.letter Your Global Web3 Pulse | #006

Firefly Digital Electronic Wallet With Codes And Numbers 36194 (1)

DeFi

Retro9000: Avalanche’s $40M Boost to Power the Next Wave of Blockchain Developer

Avalanche just launched a new $40 million grant program called Retro9000, aimed at rewarding developers who build on their mainnet.

Announced by the Avalanche Foundation on Sept. 26, this initiative encourages developers to create and grow projects on Avalanche’s layer-1 blockchain.

The Retro9000 program offers retroactive rewards to developers, helping them grow their products while gaining community support. Projects can be tested before launching, allowing developers to earn rewards as they build.

Recently, Avalanche’s DeFi ecosystem has also benefited from the BOOST program, with partners like Aave, Benqi Finance, Delta Prime, and GMX offering rewards. The Retro9000 initiative is part of the Avalanche9000 upgrade, which aims to lower costs for deploying and maintaining projects on Avalanche’s layer-1, making it easier for new projects to thrive in its expanding subnet ecosystem.

BACK TO THE TOP ⯅

IRON MINDSET

ICN.letter Your Global Web3 Pulse | #006

Crypto

Iron Mindset

My name is Dani, I am the founder of Iron Capital Group, and you can find me on Linkedin @DaniTopala, and as the host of  The Podcast ICN.talks on YouTube, a talk-show media production brought to you by ICN.live

Reward yourself for the process, not for the results.

One fact is even more important than lifting the winning cup.

The person who you became achieving what you wanted.

In the last Edition of ICN.letter, I told you that if you want to become a billionaire, the easiest way is to be a billion-dollar individual.

You may wonder how to get there. That’s a legitimate question.

But look at this.

 

A bottle of water is $0.5 at the grocery store.

$2 in the gym.

$5 at the airport.

$15 on top of the mountain restaurant.

Same bottle. Same water.

 

The process of going where you ever wanted is not easy.

You need to leave. You need to let go. You need to forget. Fast. Instant.

Everything that is below your standards must be avoided or completely deleted.

 

Every tough decision has a reward attached.

 

Because you unlock the next level.

Now you became the next version of yourself.

By positioning yourself differently. In different environments. With higher standards. Be the water bottle.

 

The next level of this game is to reward yourself as late as possible.

The later the better. And the more you can postpone the reward, the higher your dimension is.

 

Dani.

WELCOME TO THE 1% CLUB…..See you in the next one, Dani

BACK TO THE TOP ⯅

IRON DEALS

ICN.letter Your Global Web3 Pulse | #006

Iron Deals

We’re on a mission to hook you up with exclusive promotional prices, sweet discounts, and downright cool offers from our fantastic partners. Keep your expectations low, and get ready to be pleasantly surprised!