The year is ending on a high note for cryptocurrencies. Ethereum ETFs are holding strong, drawing millions despite the shaky market. BlackRock’s ETHA is driving this trend, showing heavy interest from big financial players. Meanwhile, Aptos (APT) has jumped 6% in just 24 hours, with experts forecasting a significant rise soon. Yet, BlockDAG steals the show, pulling in $10 million in just 3 days, totaling nearly $95 million. With major players keen on the presale, BlockDAG’s tech-savvy and community-focused approach makes it a top contender, expected to reach $600 million within two months. Ethereum ETF Shows Strength Ethereum ETFs have been surprisingly sturdy amidst recent market ups and downs. Ethereum’s spot ETF saw an influx of $14.45 million. BlackRock’s ETHA alone added $18.04 million to this, showing a strong pull with large financial groups. Even with these gains, Ethereum’s price is sticking around $2400, indicating the market is still settling. This stability underscores Ethereum’s increasing draw in the ETF world. Aptos Price Expected to Surge: Over 30% Increase Soon The latest forecasts for Aptos (APT) suggest a major price boost is on the horizon. Currently at $8.34, APT has risen over 6% in one day. Analysts see it climbing 31.19%, aiming for $10.74 by October 8, 2024. Despite ongoing market shifts, Aptos is maintaining a strong stance, with positive market vibes and crucial indicators pointing upwards. About 85% of technical indicators are showing a likely rise. After a $10M in 3 Days – BlockDAG is Set to Hit $600M in 2 Months BlockDAG has become a major draw in the crypto world, collecting $10 million in just 3 days and pushing its total to nearly $95 million since the presale started. Currently, the price of BlockDAG’s coin is $0.0206, with 14 billion coins sold already. Big players are gathering at the presale, drawn by the impressive technological improvements and the smooth performance of its recently launched testnet. Boosting the excitement, after the testnet went live successfully, BlockDAG introduced a limited-time 50% bonus, an enticing chance that has these big players eager to expand their holdings before it ends on Oct 14th. Confidence in BlockDAG’s solid base has led to predictions that the presale might reach a stunning $600 million in just two months. The arrival of these big players indicates more than just fleeting interest. Early participants are poised to gain from this wave, as their confidence in BlockDAG’s potential for long-term growth could lead to significant rewards. With robust performance metrics and increasing popularity, BlockDAG is quickly making a name for itself as one of the leading crypto coins currently in the altcoin scene. The future looks incredibly promising for early supporters as BlockDAG continues to excel in the crypto market. BlockDAG: One of the Top Crypto Coins Right Now The crypto market is buzzing, seeing high activity across numerous coins with Ethereum ETFs holding strong, attracting serious attention from large entities, and resulting in inflows of $14.45 million. Similarly, Aptos (APT) is poised to jump over 30% shortly, reinforcing its upward momentum. Yet, it’s BlockDAG that’s turning heads, having raised $10 million in just 72 hours. With nearly $95 million gathered so far and big players continuing to come in, BlockDAG’s presale is expected to climb to $600 million in two months. As these big players keep joining, early participants stand to gain, making BlockDAG one of the crypto coins to keep an eye on. Its growing prominence and strong foundations indicate great potential for future gains. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Crypto analyst Amonyx has made an ultra-bullish price prediction for the XRP price. Based on his analysis, the crypto could soon enjoy a massive pump that will lead to a price gain of almost 80,000%. XRP Price To Enjoy “Giga Pump” To $400 Amonyx stated in an X post that an XRP giga pump is incoming. Based on his accompanying chart, the XRP price could enjoy a massive rally to reach as high as $400. Such a price rally will represent a price gain of almost 80,000% for the crypto. The analyst made this prediction using the Elliot Wave theory. The projected rise to $400 represents a wave 5 impulsive move, with the analyst’s chart showing that this move to the upside was already in play. However, the accompanying chart failed to show when precisely this parabolic move would occur, although it looks like a price target for the peak of this market cycle. Interestingly, about a month ago, Amonyx predicted that the XRP price could rise to between $50 and $57 this cycle, which looked to be his peak target for this bull run. As such, his recent prediction suggests that the analyst has become more bullish on XRP’s trajectory. His ultra-bullish outlook for XRP could be related to the recent filings by Bitwise and Canary Capital to offer XRP ETFs. Approval of these funds could attract more institutional investors into the XRP ecosystem, driving more inflows into the crypto and leading to a potential price rally. Amonyx also seems confident that the SEC and Ripple will settle their ongoing legal battle. Therefore, the lawsuit will no longer act as an obstacle to XRP’s potential growth. A settlement could also signal the potential approval of the pending applications for an XRP ETF since that will confirm that the Commission no longer believes that the crypto is a security. XRP To Break All-Time High Amid the ultra-bullish prediction, crypto analyst Jaydee has given a more conservative price target. The analyst predicted that the XRP price would rise to $6.5, marking a new all-time high (ATH) for the crypto. Crypto analyst Egrag Crypto recently stated that XRP would at least rise to $5.89 in the worst-case scenario for the crypto in this bull run. Therefore, the consensus among XRP analysts is that the XRP price will at least reach a new ATH in this bull run. Crypto analyst CrediBULL Crypto predicted that the crypto could reach $10 in this market cycle based on his belief that ETH will hit $10,000. The XRP price has remained stagnant as it consolidates between the $0.5 and $0.6 range. However, crypto analyst Dark Defender told market participants there will be an “extraordinary” breakout starting this month.

The BNB has been witnessing a notable uptrend, as it maintains a stable BNB price target despite broader market fluctuations. On the other hand, Bitcoin Cash (BCH) is navigating through tough market conditions, as the BCH value indicates a struggle. However, there is still potential for recovery. Meanwhile, the historic BlockDAG presale continues to show remarkable growth. As it nears the massive $100 million milestone, the buzz around BlockDAG’s potential exchange listing grows, capturing the attention of crypto whales. With rapid sellouts of every presale batch and major exchange listings on the horizon, BlockDAG’s price is expected to surge post-launch. Will BNB Maintain Its Upward Trend? The Binance Smart Chain’s primary coin, BNB, has shown a positive trend, continuing its rise even when other cryptocurrencies have faced challenges. This uptick comes particularly as BNB strengthens from weekend gains, primarily driven by the rising interest in yield farming on the Binance Smart Chain. This sustained demand positions the BNB price target for continued upward movement. Over the past week, BNB has seen more than a 6% increase. This rise reflects a robust market presence and suggests a potentially stable BNB price target in the near term. However, it remains just short of the $200 mark — a crucial BNB price target it has struggled to surpass consistently in recent months. Bitcoin Cash (BCH) Faces Market Challenges Bitcoin Cash (BCH) is currently navigating through a tough market environment. After peaking at a high value earlier in the year, the Bitcoin Cash (BCH) value now stands at $314.62, reflecting a recent 10% decrease. Bitcoin Cash (BCH) value struggles also stem from comparatively low mining rewards, making it less attractive to miners who are key to the network’s strength and security. This resilience suggests that the Bitcoin Cash (BCH) value might still have the potential to recover and possibly approach its previous highs. However, with newer blockchain technologies emerging that offer quicker and more cost-effective transactions, BCH must adapt to maintain its relevance and stabilize its Bitcoin Cash (BCH) value. BlockDAG Presale to Soon Hit $100 Million Milestone BlockDAG is on the brink of hitting an exciting milestone, with its presale nearly hitting the $100 million mark. This isn’t just any number; it’s a historic high, making BlockDAG the largest presale in history. Right now, BlockDAG has raised almost $95 million by selling over 14 billion coins. Imagine being part of a movement that’s setting records before it even fully launches! But the buzz around BlockDAG isn’t just because of the numbers. Crypto analysts and traders anticipate BlockDAG’s listing on major cryptocurrency exchanges. This expectation is driving the presale pace through the roof. It’s like everyone knows something big is coming and they all want in before it explodes. What’s driving this frenzy? It’s all about access and liquidity. Once BlockDAG hits those major exchanges, the ease of trading and prices will skyrocket, attracting even more buyers. That’s why savvy crypto whales are moving their funds into BlockDAG’s network now while it is affordable. They see the potential for a liquidity surge that makes today’s prices look like a bargain. The clock is ticking, with the presale wrapping up soon and the current batch 24, priced at just $0.0206 per coin, selling out fast. Crypto analysts are hinting at massive returns post-launch. Buyers from the first batch have already seen returns of 1960%. As BlockDAG garners attention as one of the top crypto projects, the potential for growth and returns seems boundless. Wrapping Up: A Glimpse Into Crypto’s Future As the year closes, the crypto market presents varied prospects. BNB shows promising stability, maintaining its price target despite market fluctuations, whereas Bitcoin Cash (BCH) faces challenges. Yet, it holds the potential for resurgence amidst the evolving tech domain. However, BlockDAG truly outshines these two as its presale nears a remarkable $100 million and it gears up for major exchange listings. This development heightens interest among crypto whales, positioning BlockDAG as a compelling option among top crypto projects. Buying now is the right time, as the price is currently affortable. Discover More About BlockDAG: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Pepe (PEPE) and Dogecoin (DOGE) go head-to-head for meme coin supremacy, and all signs point to a Pepe (PEPE) victory. Meanwhile, WallitIQ (WLTQ), a new Ethereum token, will soon knock Solana (SOL) off its fifth position in the crypto top 10. Aside from surpassing Solana (SOL), the AI altcoin is set to reward its early adopters with over 405% ROI in a few weeks if they buy its ongoing presale at $0.017. WallitIQ (WLTQ) Championing The Crypto-AI Revolution And The Evolution Of Crypto Wallets WallitIQ (WLTQ) represents the evolution of DeFi wallets. The advanced crypto wallet improves on existing DeFi wallets by providing innovative solutions to the main problems plaguing these wallets. Security breaches, bad user experience, and users’ gaps in DeFi knowledge produce unique challenges with traditional crypto wallets. WallitIQ (WLTQ) incorporates several artificial intelligence capabilities in its crypto wallet to solve these problems intuitively. WallitIQ (WLTQ) uses AI-driven threat detection algorithms to monitor users’ wallet activity continuously. When the AI algorithm flags unusual activity, such as suspicious login attempts and unexpected transaction patterns, it sounds like instant alerts for the user to take necessary action. This proactive approach to security helps safeguard users’ assets and protect them from unauthorized and fraudulent access to their portfolios. WallitIQ (WLTQ) features a flexible, user-friendly interface so users can easily find their way around the sleek and intuitive dashboard and windows. Having everything they need at their fingertips, be it charts, price updates, or portfolio summaries, helps users reduce the friction involved in managing their crypto assets, improving their user experience. WallitIQ’s (WLTQ) AI-driven Smart Suggestions and Predictive Analytics use artificial intelligence and machine learning algorithms to boost users’ crypto experience with real-time suggestions based on market conditions and users’ behavioral analysis. The AI also analyzes historical data, trading volumes, and market sentiments to deliver actionable market trends and price movement forecasts so crypto traders can make better-informed decisions. WallitIQ’s (WLTQ) AI-driven Smart Suggestions also help bridge the gap in DeFi knowledge that many crypto enthusiasts possess. By suggesting profitable opportunities like staking, yield farming, and liquidity pools, WallitIQ (WLTQ) makes it easier for these novice traders to take full advantage of DeFi without getting bogged down in all the technical details. The Battle For Meme Coin And Altcoin Supremacy; Pepe (PEPE) Vs. Dogecoin (DOGE), WallitIQ (WLTQ) Vs. Solana (SOL) Pepe (PEPE) has enjoyed a price resurgence along with Bitcoin (BTC) and the rest of the crypto market. With market conditions slowing down, the meme coin has dropped briefly to $0.059205. Nevertheless, Pepe (PEPE) has gained more than fellow meme coin Dogecoin (DOGE). Dogecoin (DOGE) also gained in the brief crypto market resurgence. However, Dogecoin (DOGE) has only increased by about 4% from last month, a meager increase compared to Pepe’s (PEPE) 20%. These conditions have the crypto community and meme coin traders that Pepe (PEPE) will overtake Dogecoin (DOGE) as the meme coin leader. Meanwhile, WallitIQ (WLTQ) and Solana (SOL) battle in the alt-crypto scene. Solana (SOL) is losing its fifth place in the crypto top 10 as the crypto drops further below $140. Solana’s (SOL) meager gains over the last month (only 4%) also weakened its spot on the crypto top 10. Meanwhile, the WallitIQ (WLTQ) native token’s expected 405% surge has convinced the crypto community that it will surpass Solana (SOL) soon. Buy The WallitIQ (WLTQ) Presale To Position For Massive Gains Soon Leading analysts believe WallitIQ (WLTQ) will trump the Pepe (PEPE) and Dogecoin (DOGE) meme coins and Solana (SOL) as early adopters race to invest in its token presale. The promise of huge gains and ROI and the token’s extensive utility in the WallitIQ (WLTQ) ecosystem uniquely position it for incredible success. Interested investors can buy the token presale now at $0.017, the lowest it will ever be. Join the WallitIQ (WLTQ) presale and community: Join WallitIQ (WLTQ) Presale Join the WallitIQ (WLTQ) Community Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

The second-largest cryptocurrency exchange in the world based on trading volume, Bybit, is excited to announce the ongoing development and expansion of its ground-breaking liquid staking token, bbSOL. bbSOL, Bybit’s first Liquid Staking Token (LST), keeps providing users with an easy, safe option to stake SOL and get lucrative payouts. The rapid adoption of bbSOL has quickly increased its total locked value to above $100 million USD. In addition to staking benefits, holders of bbSOL may now take advantage of three significant options to increase their earning potential: Providing Liquidity to bbSOL Trading Pairs: On decentralized exchanges like Orca, Raydium, and Kamino, users may provide liquidity in return for trading fees. Using bbSOL as Collateral: Users may lend, borrow, and unlock better returns by using bbSOL as collateral on partner platforms like as Drift, Kamino, marginfi, and Save. Restaking bbSOL to Earn Extra Rewards: Users may restake bbSOL to earn additional rewards while bolstering the security and governance of the Solana network by using partner platforms such as Solayer. Emily Bao, Head of Spot and Web3 at Bybit added: The fact that bbSOL is available on both centralized and decentralized exchanges confirms its standing as a leading liquid staking token. Bybit is still dedicated to providing cutting-edge products and services that enable consumers to prosper in the digital assets space.

The world of cryptocurrency is buzzing with news these days, and many people are closely watching the latest trends. Ripple (XRP) has been a hot topic, especially with talks about a possible ETF approval. However, some experts warn that just because an ETF might happen, it does not mean it will protect people from losing money. Because of this uncertainty, traders are looking away from Ripple and checking out other promising coins like SEI which is becoming popular as a new opportunity in the market. As more people get interested in SEI, IntelMarket (INTL) is also making a name for itself by giving traders cool features and tools to help them navigate this exciting landscape. With so many interesting possibilities coming up, investors are eager to see what is next for Ripple (XRP), SEI, and the unique offerings from IntelMarket while searching for the next big chance. Ripple (XRP) is Facing New Challenges and Uncertain Times Ahead Ripple (XRP) is priced at around $0.5354, and its market value is about $30.33 billion. Recently, its price went up by 1.55%, but many investors are feeling nervous. The excitement around the XRP ETF is real, but some people believe it might not be enough to keep prices steady. Lately, XRP has been having a tough time. There are 99.99 billion XRP coins in total, and about 56.65 billion are available for trade right now. As the 7th largest cryptocurrency, it has a strong place in the market, but its recent price movements show that things are shaky. Interestingly, some big holders of XRP are still active, which means there could be some big trades happening. However, the price has not been stable, which worries many people. Investors are keeping a close eye on any news about rules that could affect Ripple (XRP). While some are hoping for a comeback, the future seems uncertain for this well-known cryptocurrency. SEI is a New Player Stepping Up to Challenge the Big Names SEI is rising quickly after the Ripple (XRP) runs into some bumps in the road. Right now, it costs $0.424, and its market cap is about $1.49 billion. It has increased by 4.73% in a single day and more investors are beginning to have faith in it. What makes SEI special is its focus on being fast and efficient, which attracts both new and experienced traders. It has a total supply of 10 billion SEI, with 3.52 billion available to trade. This solid foundation makes it a fun option for those looking to invest. SEI is also making its platform better and easier to use, helping users trade and earn more money. As the market changes, SEI looks ready to challenge older coins like Ripple (XRP). It is an exciting time to see how SEI grows and what it can offer to investors. IntelMarkets: Your Key to Smart Trading and Maximizing Profits While XRP and SEI are in the spotlight, IntelMarkets (INTL) is changing how people trade in cryptocurrency. This platform works on both Ethereum and Solana, giving traders fantastic options. With a price of about $0.027364, IntelMarket has already raised over $1,070,828, showing that lots of people are interested. At IntelMarket, traders can use leverage of up to 1000x which means they could earn big returns on their trades. The platform also offers smart tools to help users manage their risks whether they are experts or just starting plus it is easier to spot the best opportunities with many asset pairs available in the rapid crypto market. The future looks bright for IntelMarket as it continues to grow, and with so much interest right now, now is an excellent time to see what this platform can do for you. Do not miss the chance to be part of the next wave in crypto trading, so just take a look at IntelMarkets today and find out how it can help you trade better. Discover More About IntelMarket: Presale: https://intelmarketspresale.com/ Buy Presale: https://buy.intelmarketspresale.com/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_markets Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Dogecoin tests a critical liquidity area of around $0.112 after days of choppy price action. While the broader crypto market, led by Bitcoin, is experiencing a notable rise from yearly lows, driven by positive economic data and improving sentiment, Dogecoin has yet to catch up. Other altcoins and meme coins have surged, but DOGE remains in consolidation. Analysts and investors are closely watching for a signal that could confirm a further uptrend for Dogecoin. The funding rate indicates rising demand, which could support a potential price increase. Top analyst and investor Ali has shared an intriguing buy signal for DOGE, suggesting that gains may be on the horizon. As the market sentiment shifts, traders closely monitor whether Dogecoin will follow the broader crypto trend and break out of its current range in the coming days. Dogecoin Price Is Set To Rise Dogecoin is currently at a crucial level that will determine its price action, as DOGE has struggled to hold above this area since early August. Speculation around DOGE’s performance in the coming months is optimistic, yet Dogecoin must catch up with the gains other meme coins deliver to investors. Prominent analyst Ali has shared a technical chart on X, showing a buy signal for Dogecoin on the 4-hour price chart. This signal is significant because it appears in a shorter timeframe and often indicates a larger trend shift in the daily timeframe, suggesting a potential upside in the coming days. If this signal plays out, it could begin a stronger upward movement for DOGE. Supporting this optimistic outlook, key data from Coinglass reveals that the OI-weighted funding rate for Dogecoin is rising. A positive funding rate in cryptocurrency markets indicates that the price of perpetual futures contracts is higher than the spot price of the underlying asset. This means long positions are becoming more dominant, and long traders pay short traders a positive funding rate. This dynamic reflects increased demand for DOGE and hints at potential gains ahead. If Dogecoin can maintain strength above this critical level, it may finally follow the broader market’s uptrend. However, Dogecoin risks further consolidation or a potential drop if it fails to break above and sustain higher levels. For now, investors are watching closely, waiting for a confirmed move that could lead to significant gains for DOGE. DOGE Testing Supply: Breakout Soon? Dogecoin (DOGE) currently trades at $0.112 after several days of sideways trading below the daily 200 exponential moving average (EMA), which sits at $0.116. This level has acted as a key resistance, and breaking above DOGE must gain momentum. If the price manages to recover the 1D 200 EMA and push past the $0.13 mark, it could signal the start of a significant rally for Dogecoin. Such a move would likely reignite investor interest and attract new buying demand, potentially driving higher prices. However, if Dogecoin fails to hold above the $0.11 level and continues to struggle with the 1D 200 EMA, a deeper correction could be on the horizon. In that scenario, DOGE may retrace to lower demand areas around $0.09, where buyers might step in to prevent further downside. For now, Dogecoin’s price action remains in a tight range, and traders are watching closely to see if it can reclaim these critical levels or if a larger pullback is in store. The next few days will be essential in determining the future direction of DOGE’s price. Featured image from Dall-E, chart from TradingView

CrossFi, a Layer 1 payments network has announced the launch of its mainnet that is compatible with EVM. CrossFi’s decentralized web3 payment ecosystem is powered by the CrossFi blockchain. Businesses may now utilize CrossFi’s core products and execute payments for routine transactions thanks to the mainnet’s launch. CrossFi’s Layer 1 network offers a scalable framework for cryptocurrency payments. By using a decentralized, non-custodial, and highly scalable infrastructure, it helps companies—including e-commerce sites—to draw in web3 users and boost sales. Over a million active wallets were generated as part of a successful testnet program run in partnership with CoinList, which is followed by the CrossFi mainnet. The CrossFi mainnet is being supported by many launch partners, such as Alchemy and other top validators, in order to optimize network speed and maximize decentralization. CrossFi’s PCI DSS accreditation attests to its capability for handling global payments. Major payment cards use this data security standard to make sure that best practices are followed when it comes to data storage and transfer. CrossFi was developed using Tendermint and the Cosmos SDK, and its modular design includes EVM compatibility. This makes it possible to tie Ethereum-native assets to CrossFi and use them in its expanding payments ecosystem. The network is perfect for hosting large volume payment dapps because of its scalable architecture, which can handle up to 10,000 transactions per second. The Mint Power (MPX) token, which is a unit of computing power needed to create new XFI coins, facilitates governance for CrossFi’s decentralized network. Network fees, which are anticipated to average around $0.02 per transaction, are also paid using the MPX token. CrossFi Chain is the foundation layer of the six vital components that make up the CrossFi ecosystem. CrossFi Chain is a Layer 1 blockchain with infinite scalability that facilitates over-collateralized stablecoins and the minting of synthetic assets. It also offers infrastructure for interoperable financial products. The CrossFi App, which aims to democratize financial access, is a complement to it. The app offers a smooth way to manage both cryptocurrency and fiat assets with features like staking, lending, P2P payments, crypto-fiat conversion, and virtual debit cards. CrossFi xAPP, a DeFi platform that allows users to mine CrossFi native tokens like XFI and XUSD on top of collateralized stablecoins, bridge assets across several chains, and take part in liquidity provision, is another component of the CrossFi ecosystem. The ecosystem is completed by XAssets, a decentralized platform for minting, trading, and swapping RWAs; XStake, which optimizes capital efficiency for users’ staked assets; and CrossFi Foundation, a nonprofit organization devoted to ecosystem expansion. The goal of CrossFi’s Layer 1 is to connect the conventional and cryptocurrency financial domains. It offers a layer that can handle tens of thousands of payments per second by combining security that surpasses banking requirements with transaction throughput comparable to that of Visa. With the launch of the CrossFi mainnet, companies will be able to develop Layer 1 payment apps that use the newest blockchain technology, and customers will be able to start using CrossFi’s features and advantages.

$407M inflows driven by U.S. politics, reversing previous outflows. Bitcoin leads with $419M inflows; short-Bitcoin products face outflows. Global crypto funds managed by asset giants such as BlackRock, Bitwise, Fidelity, Grayscale, and ProShares experienced net inflows of $407 million last week, according to CoinShares. This marked a sharp reversal from $147 million in outflows the previous week. The inflows were primarily driven by U.S.-based funds, which contributed $406 million to the total, while Canada recorded a modest inflow of $4.8 million. Other regions mostly saw net outflows. According to James Butterfill, CoinShares’ Head of Research, recent investment trends have been influenced more by the U.S. political climate than by monetary policy. “Stronger-than-expected economic data had little effect on stemming outflows,” Butterfill noted, but political events, such as the U.S. vice presidential debate and polling shifts towards the Republicans—perceived as more supportive of digital assets—resulted in a boost in inflows and prices. 17th Consecutive Week of Inflows Bitcoin-based investment products were the primary beneficiaries of these political shifts, seeing inflows of $419 million last week. On the other hand, short-Bitcoin products recorded $6.3 million in outflows. Despite daily outflows from Tuesday to Thursday, U.S. spot Bitcoin exchange-traded funds (ETFs) managed to post $348.5 million in net inflows, with BlackRock’s IBIT ETF leading the charge, adding $140.6 million. Meanwhile, multi-asset investment products marked their 17th consecutive week of inflows, though with a modest $1.5 million. Blockchain equity ETFs also saw significant gains, bringing in $34 million, one of the highest weekly inflows this year, driven by recent Bitcoin price surges. Conversely, Ethereum-based products continued their outflow trend, losing $9.8 million globally, despite $1.9 million in inflows to U.S.-based Ethereum ETFs. Bitcoin currently trades at $64,379, reflecting a 2.6% rise over the last 24 hours.

The Central Bank of the UAE approved the first AED stablecoin on October 13, 2024. Al Maryah Bank will issue the stablecoin, pegged to the UAE dirham. The Central Bank of the UAE has granted in-principal approval for the first AED stablecoin. Furthermore, this milestone, announced on October 13, 2024, marks a significant advancement in the UAE’s digital currency landscape. The stablecoin will be pegged to the UAE dirham, aiming to provide stability for digital transactions. Al Maryah Bank, the issuer of this inaugural token, has partnered with various stakeholders. Additionally, these collaborations will ensure a secure and compliant launch. The bank has emphasized the importance of adhering to regulatory standards. However, the Central Bank’s approval aligns with the UAE’s broader strategy to enhance its digital economy. Regulatory Considerations of the AED Stablecoin The stablecoin is expected to streamline payment processes for businesses and individuals. By facilitating cross-border transactions, it aims to reduce costs and enhance efficiency. Moreover, the introduction of the AED stablecoin may promote financial inclusion, providing unbanked populations with access to digital financial services. Governor Khaled Mohamed Balama highlighted the importance of this initiative in enhancing financial stability. He stated that the stablecoin could position the UAE as a leader in the evolving landscape of digital currencies. Additionally, the Central Bank plans to work closely with industry players to establish a regulatory framework that supports the stablecoin’s operation. This framework will include guidelines for anti-money laundering and counter-terrorism financing. Highlighted Crypto News Today Bitcoin Miners Feel the Heat as Hashrate Climbs and Profits Drop

The meme coin 3AC soared by over 47%, trading at $0.04516. The market cap of meme coins has reached $58.1 billion in the last 24 hours. The overall crypto market is currently striving to get its bullish hold after a brief downturn. The market cap has spiked over 2.40% to $2.25 trillion and trading volume has surged by 45.73%. Recently, the potential rise of meme coins observed in the market has gained attention within the market. The meme coin market cap has reached $58.1 billion by gaining 2.3% in the last 24 hours. Meanwhile, a crypto analyst, Murad, stated that meme coins will dominate this market cycle. With its appeal and momentum, people might push these tokens to new heights. Adding that, they will outperform everything in this cycle. Notably, the Three Arrows Capital co-founder Su Zhu, announced that he has taken a long position in the meme coin, THREE ARROWZ CAPITEL (3AC) at a price of $0.0321. The token has gained over 35% in the past 24 hours. Three Arrows Capital founders launched their token, a misspelled token name of their failed hedge fund. At press time, the token traded at $0.04534 with its daily trading volume soaring by 1072% to $2.09 million. The 24-hour high and low are found at $0.02947 and $0.0444, respectively, as per CMC data. The asset hit its all-time high on October 1, at $0.06329. The Meme Coin Market Meme coins in the crypto market are showing revival signals and have found several coins bouncing back from their lows, as per CMC data. Coins like BRETT, BOME, MOG, FLOKI, and PEPE have registered gains of over 7% in the past 24 hours. BRETT price has increased by 15.52%, which trades at $0.1139. The token’s trading volume has soared by over 51.33 to $93.83 million. BOME and MOG followed by gaining over 9%, trading at $0.008966 and $0.00000211, respectively. Meanwhile, FLOKI trades at $0.0001484, spiked by 6.95%. Besides, the PEPE price has increased by 6.69%, which trades at $0.00001047. Highlighted Crypto News Will Bitcoin Bulls Take Charge as BTC Targets New Resistance?

Solana surged 4%, showing signs of recovery and positive market sentiment. Solana flipped 200 EMA, signaling a potential breakout from consolidation. Solana (SOL), one of the leading altcoins, gained the attention of traders today by surging 4% in the past 24 hours, hitting a one-week high of $154. After a bearish week that saw its price drop below $135, SOL has shown signs of recovery over the past two days, recording a 4.2% increase over the last seven days. At the time of writing, SOL is trading at $152.91, with a 12% increase in trading volume, up 83% within the same period. Notably, 83% of the community remains bullish on Solana’s future. Solana’s price has been stuck between $140 and $160, as the altcoin failed to reclaim higher levels since hitting a local high of $193. The current price action suggests that bears are keeping SOL in a consolidation range, preventing a breakout above $160. However, technical indicators are turning positive. Analyst Coin Signals noted that Solana has flipped the 200 EMA on both daily and 4-hour timeframes, signaling a potential breakout from a symmetrical triangle. This could indicate the start of an uptrend, with SOL positioned for further gains. Meanwhile, Solana’s long/short ratio of 1.2 on the 4-hour chart indicates that traders are increasingly taking long positions, betting on price increases. This sentiment is supported by a positive DyDx Exchange Funding Rate and rising open interest, which has increased from $649 million to $712 million over the past week. What SOL Traders Should Look Upto? The technical indicators for Solana suggest a bullish sentiment. The 9-day EMA stands at $146, while the Relative Strength Index (RSI) is at 59, indicating it is nearing an overbought condition. Solana’s next key support level is around $138, a critical threshold to monitor if selling pressure increases. Should the market rebound later this month, SOL could regain momentum as positive global liquidity trends continue to support major cryptocurrencies, including Solana.

Bitcoin mining profits fell in September 2024 as hashrate rose 1.7% and prices stayed flat. Average daily revenue per exahash fell by 2.6%, putting pressure on Bitcoin miners’ profit margins. Bitcoin (BTC) mining profitability took a hit in September 2024, as rising network difficulty and a steady Bitcoin price put pressure on miners. U.S. investment bank Jefferies highlighted that the network’s hashrate saw a 1.7% increase, making it tougher for miners to generate rewards despite Bitcoin’s value remaining mostly unchanged. A key reason for the drop in mining profitability was the 2.6% decline in average daily earnings per exahash. With rising costs and a challenging environment, Bitcoin miners are seeing tighter margins in their profits. Jefferies analysts also warn that “October could be even more difficult,” predicting a potential 5% Bitcoin price rise but an even steeper 11% jump in hashrate, which may further squeeze profits. North American Miners Gain Ground Amid Rising Competition Interestingly, publicly listed mining companies in North America have stepped up their efforts. They increased their share of total mining from 19.9% in August to 22.2% in September. Marathon Digital took the lead by mining 705 BTC, followed by CleanSpark, which mined 493 BTC. Marathon also holds the largest installed hashrate in the industry, standing at 36.9 exahashes per second (EH/s), while Riot Platforms followed with 28.2 EH/s. As the competition heats up, miners face increasing pressure to balance costs and output in an evolving landscape. Highlighted Crypto News Today Samara AG to Invest €30 Million in Bitcoin Through Nordic Bond

Crypto investors are not keen on dealing with cryptocurrency trading platforms, which has resulted in the dwindling exchange reserves of Bitcoin and Ethereum. Centralized exchanges on Bitcoin and Ethereum hit a historic low after investors and crypto enthusiasts opted for self-custody solutions for their virtual assets. Staying Away From Cryptocurrency Trading A recent trend showed that traders and other enthusiasts choose to hold on to their crypto assets rather than sell them on Bitcoin and Ethereum exchange platforms. They preferred direct ownership of their assets using self-custody wallets, which created an increasing demand for self-custody solutions. However, it led to a decline in the liquidity of BTC and ETH on centralized exchanges. Strengthening Bitcoin And Ethereum Values A positive consequence of traders’ preference for self-custody solutions is the increasing value of Bitcoin and Ethereum assets over time. Traders veering away from cryptocurrency trading platforms create a sense of scarcity, leading to the growth of its value. At the time of writing, the price of Bitcoin is pegged at $64,842. Since hitting a record-high of $73,000 in March this year, the price remains somewhere between $66,000 and $49,000. Meanwhile, according to Coinmarketcap, Ethereum is trading at $2,464. Bitcoin, Ethereum Reserves Drop Bitcoin and Ethereum on centralized reserves took a nosedive and hit a historic low early this month. As of October 13, CryptoQuant’s chart showed that centralized exchanges for BTC recorded an all-time low of 2,666,717 bitcoins. The highest amount of Bitcoin was pegged at 3,361,854, which was recorded on June 8, 2022. After that period, Bitcoin went on a sharp decline. It hit its lowest level early this month. In terms of volume, spot exchanges have 1.1 million Bitcoin in reserves, while derivative exchanges own 1.39 million reserves. By far, Binance owns 563,000 Bitcoin reserves, the largest crypto exchange by trading volume, followed by Kraken with 112,3000 reserves. On the other hand, Coinbase Advanced holds 830,530 Bitcoin reserves and Coinbase Prime has 3,000 reserves. Ethereum’s centralized exchanges also face a similar dilemma to Bitcoin wherein its reserves continue to plummet and hit a record low of 18.7 million. According to CryptoQuant, derivative exchanges hold a big portion of Ethereum with 10.3 million in reserves, while 8.4 million Ethereum reserves are being kept at spot exchanges. Historically, Ethereum’s all-time high in reserves was 2,310,823 recorded on 6 September 2022. Since that period, Ethereum reserves in central exchanges continue to plunge. In terms of reserves, Coinbase has a large reserve of 4.5 million Ethereum, followed by Binance with 3.6 million Ethereum. Kraken also holds a significant Ethereum reserve of 1.3 million. Featured image from Pexels, chart from TradingView

Bitcoin mining may seem like a fast track to profit, but for one miner, it’s been a road full of unexpected twists. In this gripping account, the author shares a 33-month journey that began with high hopes, significant investments, and countless lessons learned. From $100,000 to $1,000,000: A Miner’s Journey Starting with an initial investment of $100,000+ the author dives headfirst into the world of mining. Over the course of nearly three years, his capital grows impressively, but not without challenges. From unpredictable profits to technical breakdowns, this journey shows that perseverance pays off — if you’re prepared for the ride. Managing a Private Mining Setup Running a small mining operation sounds like a solid plan, but in practice, it’s anything but simple. “What I thought would be smooth sailing quickly turned into a financial and technical marathon,” the author notes. Equipment failures, rising electricity costs, and constant maintenance turned the dream into a complex balancing act. Does running your own setup really lead to bigger profits, or is it more trouble than it’s worth? Distribution of investments in personal mining farm Cloud Mining: A Double-Edged Sword In parallel, the author ventured into cloud mining on platforms like BeMine, BitDeer, and Genesis Mining. However, the path wasn’t smooth here either: “I lost count of how many platforms turned out to be scams,” he admits. While some providers delivered stable income, many others vanished, taking users’ investments with them. This tale serves as a crucial warning for anyone considering cloud mining — trust and research are everything. Distribution of investments in cloud mining companies Numbers, Lessons, and Big Risks “I saw incredible gains, but at a cost I didn’t fully expect.” As the author reflects on his experience, it’s clear that mining is not for the faint-hearted. From battling volatile market conditions to enduring failed promises from platforms, this account shows the harsh realities of crypto mining that few talk about. Curious to know which platforms survived and how the author turned his fortunes around despite the odds? Read the full story here for all the details. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Cryptocurrency has countless opportunities for earning passive income in 2024. With staking becoming a popular alternative to mining, investors are looking for crypto staking platforms that simplify the process and give the best rewards. STAKING AI, a leading infrastructure operator for PoS blockchains stands out in this space. With liquid staking, high rewards, and an easy-to-use interface, STAKING AI is designed for both retail and institutional investors to make big money from their crypto assets. Here are 12 ways you can make passive income with cryptocurrency, with STAKING AI as the platform of choice. Key Takeaways: STAKING AI makes staking easy with competitive rewards and a free $100 staking bonus upon sign up. The platform has various staking plans to suit different investment needs with daily payouts and referral rewards. With STAKING AI’s affiliate program, you can earn lifetime commissions by promoting the platform to others. Liquid staking allows you to access staked assets while still earning rewards. 1. Staking with PoS Blockchains Proof-of-Stake blockchains allow users to stake their crypto assets to validate transactions and secure the network. In return they get rewards. STAKING AI makes this process easy by offering staking options for multiple blockchains like Ethereum, Solana, and Polkadot. Investors can get secure and stable returns without having to manage a validator node. . 2. Liquid Staking for Flexibility Traditional staking locks your assets for a certain period, limiting liquidity. STAKING AI partners with leading liquid staking providers so you can earn rewards while using synthetic tokens to trade or participate in other DeFi protocols. This is Perfect for investors who want to access their assets without sacrificing staking rewards. 3. Free Trial Staking Pool For beginners or conservative investors, STAKING AI has a Free Trial Staking Pool. You can stake $100 for 1 day and earn $1. This is a short-term option to test the platform and see the returns without a big commitment. 4. TRX Staking Pool For a bit more commitment the TRX Staking Pool allows you to stake $200 for 1 day and earn $2.2 in daily rewards. You can also earn up to $1.6 in referral rewards by referring friends to STAKING AI. 5. Long-Term Staking Options STAKING AI has more staking plans that give higher rewards. For example, staking $21,000 in Polkadot (DOT) for 10 days earns $315 daily and $630 in referral rewards. These plans are for experienced investors looking for steady and big returns over a longer period . 6. Diversified Staking Plans Investors can choose from a wide range of staking pools according to their risk tolerance and financial goals. STAKING AI has flexible options from 1 day to 45 days, so you can tailor your strategy for maximum returns. 7. Earn with STAKING AI’s Affiliate Program The STAKING AI Affiliate Program is a great way to earn passive income. By referring others to the platform, you can earn up to 4% of the stake amount. Commissions are credited in real-time and there is no limit on how much you can earn, perfect way for influencers and crypto enthusiasts with a large network. 8. Low Risk, High Reward Pools For investors looking for steady returns, STAKING AI has low-risk staking options. The Cosmos Staking Pool for example allows you to stake $58,000 for 15 days and earn $1,044 daily with an additional $2,088 in referral rewards. 9. Maximize Earnings with Ethereum Staking Ethereum is still the top choice for many crypto investors. STAKING AI’s Ethereum Staking Pool has one of the highest returns, $200,000 stake earns $6,000 daily for 30 days. For those who want to stake even more, the Ethereum Plus Pool gives you 10,500 daily with a 45-day commitment. 10. User Friendly Interface One of the best features of STAKING AI is its user-friendly interface. Whether you’re new to staking or a seasoned pro the platform’s point-and-click system allows you to stake multiple assets and monitor your earnings easily. This is perfect for crypto enthusiasts who want a hassle-free way to earn passive income. 11. Safety and Security Safety is key when staking crypto assets. STAKING AI has a regulated and secure platform, where your assets are locked directly into PoS networks ensuring they are protected from external risks. This level of security makes STAKING AI the top choice for anyone who wants to have peace of mind while earning. 12. Joining STAKING AI Signing up to STAKING AI is a 1-minute process. Create an account with your email and choose from the available staking plans. Once you’ve chosen a plan and made a deposit with one of the supported cryptocurrencies like BTC, ETH, USDT, etc. you can start earning daily. You’ll also get a free $100 bonus for signing up. Why STAKING AI? STAKING AI stands out in the crowded staking space by offering a comprehensive staking solution with lucrative rewards, an intuitive platform, and unmatched security. From beginner-friendly pools to long-term staking plans, STAKING AI has something for every investor.With features like liquid staking, lifetime referral commissions, and diverse payment methods, it’s easy to see why more than 630,000 stakers trust STAKING AI to maximize their earnings. Make the smart choice before 2024 ends by staking your digital assets with STAKING AI, a platform where you can stake, earn, and relax. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Samara AG to invest €30 million in Bitcoin through a Nordic bond. The investment aims to grow Bitcoin reserves and acquire fund stakes. Germany’s Samara Asset Group (AG) has announced plans to invest up to €30 million in Bitcoin. This move is part of a broader strategy to increase its exposure to the cryptocurrency market. Samara AG is following a similar path to that of MicroStrategy, a company known for its significant Bitcoin acquisitions. The official statement from Samara indicates that the investment will be funded through a Nordic bond issuance. The €30 million investment will also include acquisitions of limited partnership stakes in funds. These steps aim to grow Samara AG’s Bitcoin holdings, further establishing the company’s presence in the digital asset space. CEO Patrick Lowry shared insights into this strategy via social media, stating the firm’s commitment to increasing its Bitcoin reserves. The tweet also highlighted the importance of cryptocurrency as part of their long-term vision. Samara Expands Bitcoin Treasury Samara AG’s decision mirrors MicroStrategy’s well-publicized Bitcoin strategy. MicroStrategy, led by Michael Saylor, has famously made Bitcoin a core part of its balance sheet. Samara’s move reflects a growing trend among companies that see Bitcoin as a strategic asset, providing both diversification and potential future returns. This type of investment reflects a broader movement among businesses that are integrating Bitcoin into their financial strategies. By increasing its cryptocurrency holdings, Samara AG appears to be taking steps to diversify its assets. This investment strategy includes a €30 million bond issuance, aimed at acquiring more Bitcoin and limited partnership stakes in funds. With this move, Samara AG is making an entry into the digital asset market. The funding will be secured through a Nordic bond, according to the company’s announcement. The bond, expected to rise to €30 million, will support both the acquisition of LP stakes and the growth of the Bitcoin treasury. This type of bond is a common financial instrument in the Nordic region and allows companies to raise capital for various investment purposes. Highlighted Crypto News Today WorldCoin Price Surges 12% Resuming Bullish Rally After Recent Dip

In a dramatic turn of events, the Bitcoin price has breached the $64,000 threshold again after a 7.7% increase from a low of $59,400 in four days. This sudden price jump has sent shockwaves through the crypto market, with data from Coinglass revealing a significant wave of liquidations following the unexpected rally. Short sellers, who were anticipating a decline, found themselves in a tough spot as Bitcoin defied their expectations. Notably, liquidation data from Coinglass shows that over $182 million worth of positions have been liquidated across various exchanges in the past 24 hours, with a majority being short positions. Bitcoin Price Breaks Above $64,000 Again Bitcoin rose above $64,000 in the early hours of Monday, October 14, after breaking above a tight range over the weekend and gaining 2.53% in the past 24 hours. Bitcoin reached as high as $64,500 in the past few hours, which is its highest point so far in October. As such, the Bitcoin price has now crossed above its open for the month, with the October monthly return finally turning green for the first time. The price action, however, wasn’t as positive for everyone. According to the data shown in the picture below, the sudden rise has been costly for many traders holding short positions. Bears who bet on a continued decline were hit hard as Bitcoin’s continued rally triggered a wave of liquidations. Of the $182 million worth of liquidations recorded across various exchanges, a staggering $115.76 million came from short positions, while $66.28 million were from long positions. Binance has led the crypto exchange market in liquidations over the past 24 hours, accounting for 42.48% of the total liquidations. On Binance alone, approximately $77.33 million worth of positions were wiped out, with 54.23% being short positions. OKX follows closely, with $58.71 million in liquidations, where an even larger percentage of 62.84% were short positions. HTX, Bybit, and CoinEx also saw significant liquidations, though on a smaller scale. HTX recorded $27.35 million in liquidations, a staggering 87.81% of which were short positions. Bybit came next with $12.62 million in liquidations and a short rate of 65.92%, while CoinEx rounded out the list with $3.50 million liquidated, 81.34% of which was from shorts. More Liquidations Ahead? Bitcoin’s recent uptick brings back the possibility of a declining Uptober sentiment. This interesting rally could set the stage for a surge in the second half of October, similar to what was witnessed in September. If this rally were to continue for the rest of the month, we could see more short positions liquidated in the next few hours. Bears, who have been betting against Bitcoin’s rise, may rush to close their positions to minimize losses. The decrease in selling pressure from short sellers exiting the market could further fuel Bitcoin’s ascent.

As the next cryptocurrency bull run draws nearer, one question crosses one’s mind: which altcoins will lead the rally and generate huge profits? Two cryptos identified by an analytics firm as front-runners for the next surge are Rexas Finance (RXS) and Toncoin (TON). These two projects are fantastically positioned in terms of prospects, with each offering different utilities and ecosystems. But how high can they go, and what is responsible for this momentum? Rexas Finance (RXS): Bringing Change in Real-World Asset Tokenization The focus and attention on Rexas Finance (RXS) are critical, as they are venturing into Real World Asset (RWA) tokenization, where a user can create a token for any real asset, such as real estate, commodities, luxury items, etc. This not only brings liquidity to assets that are usually not convertible into cash but also makes it possible for ordinary citizens to invest in precious assets that would otherwise be inaccessible to them.RWA tokenization has great potential. Considering that the global real estate market is worth over $280 trillion and the commodities market runs in trillions, Rexas Finance can change several industries and employ blockchain technology in a wide array of markets.At present, Rexas Finance remains in its Stage Fix-4 presale at a value of $0.06. At this point, the figures have exceeded $2.75 million and even attracted interest from significant investors. Analysts are also positive. Predictions suggest that RXS will rise to $12 in 2025, an unbelievable advancement of 20,000% from its presale price.Additionally, Rexas Finance is hosting a $1 million giveaway on the September project, offering even more motivation to willing presale participants. Features such as the new app’s business model and scaling, along with actual use cases, make the project a candidate for the next altcoin season. Toncoin (TON): Decentralized Communication Network Among investors, another cryptocurrency that has caught their admiration is Toncoin (TON), the native coin of The Open Network. Created by the Telegram Team before it was redeployed to the decentralized network, the goal of TON was to change how people communicated and handled transactions. Pushing toward the efficient, scalable performance of blockchain, Toncoin is built for a high volume of transactions, giving it great potential in decentralized finance (DeFi), payments, and dApp management.As a result of a solid ecosystem structure, developer activity, and strong community support, TON has been on the rise. It is meant to be a multifunctional platform with use cases ranging from DeFi to decentralized communication. Analysts believe that, with further developments in the TON ecosystem, the platform may experience great growth in the near future.At present, the price of Toncoin is approximately $5.30, based on the report from October 2024. Forecasts made by analysts on the price of TON are high, with the token expected to rise to $15-$20 by 2025 if the cryptocurrency market returns to bullish trends. This presents a good proposition for investors, as such an investment could bring returns of 5-9 times in the coming one or two years. How High Can They Go? Rexas Finance and Toncoin both have great use cases and strong communities that support the growth of the two currencies. Toncoin has the advantage of a strong decentralized communication network and Telegram. Rexas Finance, however, is unique in that it functions in the real world by tokenizing physical assets.For Rexas Finance, its presale price of $0.06 translates to an impressive gain of 20,000%, considering analysts predict a price target of $12 by the year 2025. It also helps that the market for RXS is over a trillion dollars in value, which means it could do very well during the next bull run.For Toncoin, it is expected to sell for $2.20 per coin and eventually reach $15-$20, leading to a more modest but reasonable 5x to 9x increase from the current price. It is anticipated that, due to the expansion of the ecosystem and the attraction of more users, there will be great demand for TON as one of the key projects in the DeFi and decentralized communications space. Conclusion: Two Promising Contenders for the Next Altcoin Rally Both Rexas Finance and Toncoin are expected to perform very well, with each addressing unique problems in the expanding blockchain market. Rexas Finance presents explosive opportunities in the tokenization of Real World Assets, hoping to penetrate the multi-trillion-dollar markets. Meanwhile, Toncoin will most likely remain relevant to encrypted communication and DeFi markets in the next market cycle.Thanks to active community support, strong ecosystems, and unique implementations of blockchain technologies, both Rexas Finance and Toncoin are set to spearhead the next altcoin wave. For investors looking to diversify their portfolios and find the next great opportunity, these two projects are worth watching closely as they set out to conquer the cryptocurrency market. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

Early version of beloved game has already made its debut as a Telegram and TON ecosystem exclusive Players can mine points in FLAP-A-TON campaign ahead of token airdrop Old meets new with return of OG Flappy Bird game mode and cutting-edge Web3 features and characters planned for full launch The Flappy Bird Foundation has raised $2 million in seed funding as it revives one of the 21st century’s most iconic games. The round has been led by Kenetic Capital and Scytale Ventures, with Big Brain Holdings, Optic Capital and 4SV also joining the mission to modernize Flappy Bird with a host of new Web3 features that’ll appeal to nostalgists and new generations alike. Originally launched in May 2013, Flappy Bird took the world by storm over seven short months before it was abruptly removed from Apple’s App Store and Google Play. The game was a global hit that commanded more than 50 million downloads — with fans left bereft when it vanished from their smartphone screens. More than a decade on, a group of dedicated fans has obtained the legal rights to the game and created the Flappy Bird Foundation so that Flappy Bird can make a comeback, complete with Web3 improvements and a pledge that it’s here to stay. Alongside new Web3 features, the game also has other improvements to the player experience, such as advertisements now being optional to view rather than bombarded upon users. Under the stewardship of the new Flappy Bird Foundation, the game’s intellectual property will remain protected for fans to enjoy for years to come. Members of the Flappy Bird Foundation include Kek — the developer of Piou Piou vs. Cactus in 2009, which is widely credited by media and fans as the inspiration for this viral app. Michael Roberts, the foundation’s chief creative, said: “It’s a privilege to modernize such a legendary game, all while preserving the features that devoted gamers loved in the first place. Flappy Bird will be as enjoyably frustrating as it always has been — with endless levels for players who love a challenge. We’ve also got new modes and characters in store to boost the experience. So many mobile games just sap the time of their loyal users, leaving them with nothing to show for it. By launching Flappy Bird in Web3 we are supercharging the gameplay and experience by offering players rewards to recognize the achievements and skill of competitors.” To give players a taste of what to expect, an early version of the upcoming game has been launched on Telegram with Notcoin and The Open Platform, TON’s largest ecosystem builder, as key partners. For a limited time only, a thrilling campaign called FLAP-A-TON is live, allowing players to mine points for a native token to be airdropped at a later date. These points are earned based on active time within the mini-app, as well as successfully ducking and diving between those famous green pipes. Rewards are also available for logging in daily and joining Flappy Bird’s official social media channels — with players able to join like-minded gamers in teams, and win big prizes if they top weekly leaderboards. One of the new game modes within Flappy Bird sees gamers take on 99 rivals in real time — and flawlessly weave through 50 obstacles to be crowned the winner. Mark Cachia, CIO at Scytale, said: “We are beyond bullish on Web3 gaming, and we are still in the early phase of seeing established brands crossing over. For years, players have longed to share in the success of their favorite apps. This isn’t just about advancing Web3 adoption by encouraging tech-curious gamers to see what all the fuss is about, it’s an opportunity to bring Flappy Bird to a crypto-native audience who might have missed this app the first time around.” Jehan Chu, Managing Partner at Kenetic, said: “Telegram has close to a billion users around the world. It’s now much more than a messaging platform, it’s an everything app. When you think about how many users loved playing Flappy Bird all those years ago, it’s clear to see that there’s a huge opportunity to deliver some much-needed fun and nostalgia. We can’t wait for Flappy Bird to grow alongside TON, and become a Web3 gaming heavyweight in the years to come.” Sam Kim, General Partner at Big Brain, added: “The Flappy Bird Foundation’s acquisition is an exciting venture that drives community ownership of iconic IP, revitalizing and advancing how people interact with household brands, uniquely enabled by blockchain.” Telegram and TON have become the ultimate destination for Web3 games, and the likes of Notcoin, Catizen and Lost Dogs have attracted countless millions of fans around the world — even without the global fame and brand recognition that Flappy Bird enjoys. Often imitated but never duplicated, Flappy Bird is emerging for a new decade, empowered by blockchain technology and ready to soar to new heights. <ENDS> About Flappy Bird Foundation Founded in 2023, Flappy Bird Foundation is led by a dedicated team of passionate fans and industry veterans who share a deep love for Flappy Bird and sought to rescue the iconic gameplay and IP for the community of over 100 million enthusiasts. The Flappy Bird Foundation is committed to preserving the Flappy Bird IP and expanding the legacy of Flappy Bird. By faithfully bringing back our classic and nostalgic gameplay while introducing new elements, the Foundation aims to give back to the global fan community that created the phenomenon. For more information on Flappy Bird’s latest development, visit: Website | Twitter For Media Inquiries: [email protected] About The Open Platform TOP is a venture builder providing investments and expertise to supercharge businesses on The Open Network (TON) blockchain. For more information on The Open Platform, visit: Twitter | LinkedIn For Media Inquiries: [email protected] About Scytale Ventures Scytale Ventures is a digital asset manager with a focus on blockchain solutions. The company was an early adopter/investor in blockchain founded in 2017. Scytale largely invests in projects building real world solutions across different Web3 ecosystems with a diversity of offerings, which include gaming, music, legaltech, security, as well as blockchain and metaverse infrastructure, among others. About Kenetic Capital Founded in Hong Kong in 2016 by Jehan Chu, Kenetic is a crypto/web3-focused Family Office with over 300+ early stage investments across protocols, infrastructure, defi and gaming. Kenetic also is a General Partner in Kestrel0x1, Nural Capital, and Digital Asset Collective and provides bespoke advisory services. About Big Brain Holdings Big Brain Holdings is a crypto native venture fund investing in startups defining a crypto forward future since 2017. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.