And, Astr Surge AS Bitcoin defends $ 112K

The Crypto Market regained Poise in the last 24 hours with market leader Bitcoin BTC$108,783.53 Defense support for $ 112,000. However, the leading cryptocurrency continued to act under the 50-day simple moving average, which suggested at the short term pricing.

The wider market followed Bitcoin’s lead as the Coindesk 20 index increased over 1%. Decentralized AI operating system and AIs (Zero Gravity) And token rose over 50% and Avalanche’s Avax rose 10%.

Other notable winners were MNT, Astr, Cro, Near and XLM.

Token Talk

By Oliver Knight

• 0g (Zero Gravity) issued his native token together with the roll-out of Aristotle’s mainnet on September 18, marking its transition from test network to a live, fully operational AI-focused LAG-1 blockchain.
• 0G made community pay a prominent part of its launch strategy: Early contributors, active participants in community campaigns, disagreement users, holders of certain NFTs (eg, one gravity collection)And other grassroots players were eligible for AirDrops.
• The project’s modular architecture, which combines data availability, storage, calculation and a dedicated chain for AI -Inferens, combined with integrations and partnerships has strengthened hype and contributed to the 0gs 54% increase in the last 24 hours.
• It currently has a market capital of $ 1.23 billion, with daily trading volume hitting $ 3.3 billion, according to CoinMarketcap.
• The tokenomic is structured to balance short and long-term incentives. With a total supply of 1 billion tokens, with 21.3% is immediately unlocked.
• 0G labs traveled over $ 350 million before or during launch, including a round of seeds (40 million dollars) and a large token purchase obligation ($ 250 million)with additional capital from the sale of the nodes.
• The main investors include Hack VC, OKX Ventures, Delphi Ventures, Samsung Next and Animoca Brands.
• Right after the launch, 0G achieved fast lists of larger exchanges, including Kraken and Binance, which helped create liquidity, visibility and trade volume early in its life cycle.

Derivatives Location

Of Omkar Godbole

• Global Notional Futures Open Interest has dropped to $ 102 billion from last week’s height of $ 110 billion when Monday’s massive liquidation was cleared over geared efforts.
• Avax, MNT, near and XMR has bent the wider market trend with remarkable gains in open interest. Avax’s 25% increase in open interest confirms the bullish momentum behind cryptocurrency’s pricing.
• Open interest in Astr, the native token for Hyperliquid competitor Aster, has risen to $ 12.63 million – the highest level since January. In recent months, Hyperliquid has given the market share in on-chain eternal to increasing challenges aster and lighter.
• XRP, BNB, ADA, Link and Binance-Listed 1000s Perpetual Futures continue to see negative financing rates, indicating a dominance of Bearish short positions. It suggests the scope of a “short clamp” higher in case the market shows renewed resilience.
• The growth of the CME-LIGNED BTC-Futures OI has stopped, while the settings OI rose to 52.84K BTC, the highest since April. In Ether’s case, both futures and options are hovering near record heights.
• At Deribit, BTC and ETH have put bias in short-dated and almost dated options as dealers hunted Bullish BTC call options. On the OTC desktop paradigm, block streams contained BTC calendar spreads and writing of Solana Put settings.