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Hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP, formerly Ripple, was a notable gainer in today’s session, as the token raced to a multi-week high. Following a low of 0.5092 on Tuesday, XRP/USD raced to an intraday peak at 0.5233 earlier in the day. As a result of the surge in price, XRP climbed to its highest point since August 31, when the price peaked at 0.5285. the move came as the relative strength index (RSI) broke free of a ceiling at 48.00. At the time of writing, the index is tracking at 50.66, with bulls possibly targeting a ceiling at 58.00. In the event traders reach this target, there is a strong chance XRP will move above 0.5500. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/XRPUSDT/w7H3Auif-XRP-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/

Blockchain-Powered Platforms Can Help Event Organizers Overcome the Ticket Scalping Scourge — Maxwell Mayhew According to Maxwell Mayhew, founder of the decentralized e-ticketing platform UTIX, event organizers can potentially overcome ticket scalping by switching to smart contract-based event hosting platforms. Such platforms not only help organizers control the amount of event tickets in secondary markets, says Mayhew, but “even the maximum price the tickets can be sold for.”

XRP, MATIC Move to Multi-Week Highs on Wednesday XRP was a big mover on Wednesday, despite cryptocurrency markets mostly consolidating in today’s session. Traders have moved to secure recent gains, ahead of September’s Federal Reserve interest rate decision. Polygon was also in the green, hitting a two-week high in the process.

Federal Reserve pauses interest rate hikes, remains at 5.25% - 5.50%.

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Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) also slipped lower during today’s session, which can also be attributed to traders opting to secure gains. Following a high of 1,669.02 on Tuesday, ETH/USD dropped to a low of 1,621.36 earlier in the day. the world’s second-largest cryptocurrency fell close to a support point of 1,620. Price has since rebounded, with ethereum trading at 1,631 at the time of writing, owing to bulls choosing to reject a breakout. An earlier failed breakout attempt seems to be the reason for the decline, with the RSI unable to rise above a ceiling of 49.00. Price strength now sits at 45.72, with a floor of 40.00 as a possible target for short sellers. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/ETHUSDT/Q9rk8OMj-ETH-USDT-8HOUR-UPDATE-BY-CRYPTOSANDERS/

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Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin started the day trading marginally lower, as markets prepared for the highly anticipated Federal Reserve interest rate decision. BTC/USD dropped to an intraday low of 26,918.32 on Wednesday, following a peak at 27,488.76 the day prior. the FOMC will give an economic forecast, which could provide some forward guidance on future policy decisions. One of the catalysts for the drop in price was the relative strength index (RSI), which fell below a ceiling at the 60.00 mark. The index is now tracking around the 57.08 level and is moving towards a support point at 55.00. momentum remains largely bullish, with today’s decline largely due to profit-taking ahead of the Fed announcement. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/BTCUSDT/WefVsCUV-BTC-USDT-8HOUR-UPDATE-BY-CRYPTOSANDERS/

BTC Consolidates Recent Gains Ahead of FOMC Decision Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August. Ethereum also gave up gains in today’s session.

What Are Rollups? Ethereum's Main Scaling Solution Examined Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on L1 (layer one). Ethereum co-founder Vitalik Buterin has been pushing rollups as part of the future of Ethereum scaling since 2020, and with the proposal of Danksharding, its scaling roadmap has become rollup-centric.

Blockchain Capital Doubles Down on Crypto, Launches Two Funds Totaling $580 Million Blockchain Capital, a venture capital fund for cryptocurrency builders, has announced the closing of two funds that together total $580 million. The fundraiser, the largest one of the company in its ten years of existence, reveals the interest of investors in the blockchain sector as a source of business opportunities.

‘Lack of Finality’ — Single Mining Pool Commands 53% of Zcash's Hashrate Recent data shows a single mining pool controls more than 53% of the hashrate for the cryptocurrency network Zcash. On September 19, 2023, the crypto mining pool Viabtc had 4.2 giga solutions per second (GSol/s) of Zcash’s total 7.84 GSol/s hashrate. Electric Coin Co., which oversees the Zcash project’s codebase, acknowledged the issue Tuesday, citing a “lack of finality.”

September Fed Meeting Preview: FOMC To Pause Rate Hikes Investors expect the Federal Reserve to maintain interest rates at current levels during its upcoming meeting on September 19-20. The Fed will likely pause on rate hikes and opt to keep the federal funds target rate range between 5.25% and 5.5%. It will also likely continue to allow assets to roll off its $8.1 trillion balance sheet. The FOMC is trying to navigate a “soft landing” for the U.S. economy in which it drops inflation down to around 2% without triggering a U.S. economic recession.