The legendary Blockchain Life 2024 forum is set to take place on October 22-23 in Dubai. With over 10,000 participants from 120 countries, the forum vows to be a hub of insider knowledge and expert market analysis sharing key information in anticipation of the Bull Run 2025. This year’s event boasts an impressive lineup of industry leaders, including Paolo Ardoino (CEO of Tether), Yat Siu (Co-Founder of Animoca Brands), Frederik Gregaard (CEO of Cardano Foundation), and Sunny Lu (CEO of VeChain). In addition to these key speakers, there will be prominent figures from major blockchain projects such as MetaMask (Program Lead – Zied Brini), Tezos (Co-Founder – Arthur Breitman), and Trust Wallet (CEO – Eowyn Chen), providing insights into market trends and technological advancements. The two-day forum is set to offer unparalleled networking opportunities, bringing together a high-quality audience of investors, founders, and market insiders. Participants will have the chance to engage in behind-the-scenes discussions, gaining valuable insights and making connections that could prove crucial as the market prepares for its next phase of growth. The forum also emphasizes its focus on innovation and the future of blockchain technology, featuring a diverse array of speakers from across the blockchain and Web3 ecosystem. Participants can get unparalleled knowledge, from decentralized finance (DeFi) to Cryptocurrencies, NFTs, GameFi, AI, and beyond. As the 13th International Forum on Web3, Cryptocurrencies, and Mining, Blockchain Life 2024 is expected to be a landmark event in the industry. Tickets are still available, and participants can secure a 10% discount using a special promo code. Ticket link: https://blockchain-life.com Promo Code: TheNewsCrypto 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. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Every day new trends come along in the world of cryptocurrency and it is apparent firsthand that the rise in pricing or growth in utility is not always the concentrating aspect of innovation, market sentiment, and enlargement within the community. Just recently, it came to light that Rexas Finance (RXS) has become the most sought-after cryptocurrency on the internet, leaving even Hamster Kombat (HMSTR) and NEIRO behind. Such achievement emphasizes not only the increasing pace of Rexas Finance’s expansion but also the transformation underway across the entire cryptocurrency market. A New Player in the Market In the fast-developing field of Real World Asset (RWA) tokenization, Rexas Finance claims to be the dominant player. Most of the cryptocurrencies are either centered around speculation and trading or simply a meme, but Rexas Finance is unique and interesting. The platform allows ordinary individuals to become investors by offering a solution to tokenize real estate assets. Such innovations have made Rexas Finance unique in an already saturated market because they help in easy asset tokenization.The boom in the interest of Rexas Finance can be linked to more than one factor, such as the use of advanced technology, the convenience of the resources, and the attention paid to safety and legal requirements. In contrast to Hamster Kombat and NEIRO, which sell themselves on the creativity of their themes or formats, Rexas Finance is based on a clear intention to change the place of assets in the modern world. Why Relational Real-World Asset Tokenization is Interesting The other core space of inspiration for the development of Rexas Finance is access to the asset, as it is owned by many people. The ecosystem offers services that allow both individuals and corporations to easily issue, market, manage, and exchange assets in the form of tokens. This aspect of user focus is especially important in recent times when most of the investors are looking for projects that will make a difference rather than projects that are spraying cash.By using blockchain technology, transparency and transaction fees as well as security are improved, making Rexas Finance a nice place to invest. Because the current financial systems have been criticized for their inefficiencies and excessive operations devoid of transparency, there is going to be a continuous inclination toward solutions that are just like the ones offered by Rexas Finance. Engaging the Community The presale has already produced impressive results, with Rexas Finance collecting huge sums within a short period. The current stage of the presale is stage four and a price of $ 0.060 has been set for each RXS token and the target of $ 2,750,000 has been achieved. Looking at the community support for Rexas Finance, the business is expected to continue growing, which may in turn lead to increased search interest and presence in the market.Rexas Finance also strategized on how best to engage the community as they build their brand and extend their reach. Initiatives such as the Rexas Millionaire Giveaway promotion have fanned the interest of potential investors. Tempting with impressive reward packages and urging people to sign up for the presale has put Rexas Finance in the hearts of many people.This tactic promotes interest in the project as well as making it in the high-competition market of cryptocurrency. Consequently, Rexas Finance has managed to win over investors who want more than just the same old meme coin. By having a precise objective and the involvement of many people, Rexas Finance is creating a name for itself in a fierce market environment. Looking Ahead: The Future of Rexas Finance There seems to be no end to the undeterred momentum behind the works of Rexas Finance. Following the incredible presale and the ever-increasing number of searches regarding the project on Google, the project has bright prospects in the years ahead. Regarding passive return models, investors’ expectations are indeed very optimistic, where a potential rally will be at 4600% by 2025 seems achievable.As Rexas Finance evolves and improves its business operations alongside the trends in the market, there is a well-anticipated market niche in cryptocurrency. A plethora of a strong tech base, focusing on the community, and articulating the vision of the asset tokenization give Rexas Finance a competitive edge against its rivals such as Hamster Kombat and NEIRO.Finally, Rexas Finance has overtaken all the other pastes as the most ‘Googled” cryptocurrency, showing a shift in the attention of investors to the development of the projects, applicable in practice. The crypto market is growing and as such, the development will center more on giving real-life alternatives to real-life problems. With the said objectives of bringing funds to the masses and connecting them with the concerned, Rexas Finance is not just another trend; it is how today’s society invests in cryptocurrencies. 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.

South Korea’s Virtual Assets Committee to review spot crypto ETFs and accounts. Stricter regulations for crypto businesses anticipated under Phase 2 legislation. South Korea’s financial regulator is moving closer to approving spot crypto exchange-traded funds (ETFs) and corporate crypto accounts, with discussions set to accelerate following the establishment of a new Virtual Assets Committee. The committee, which was officially announced on October 13, is expected to play a key role in shaping the country’s evolving cryptocurrency regulations. It will be chaired by the Financial Services Commission’s (FSC) vice chairman. And include representatives from government ministries and private-sector experts. The announcement follows a News1 Korea report on October 10 that revealed the committee would review proposals for approving Bitcoin and Ethereum spot ETFs. This is along with allowing companies to hold cryptocurrency accounts. This move comes amid growing pressure from industry leaders. And lawmakers who are urging the regulator to align with global crypto trends. ETF Market Frenzy While South Korea has been cautious in its approach, major markets like the United States and Hong Kong have already approved spot ETFs. In the U.S., approving Bitcoin futures ETFs sparked massive interest, with ProShares’ Bitcoin Strategy ETF trading $1 billion in volume on its first day in 2021. The race for a spot Bitcoin ETF continues in the U.S., with institutions like BlackRock and Fidelity submitting applications to the Securities and Exchange Commission (SEC). Moreover, the recent listing of the XRP Ledger ETF by Switzerland’s SIX exchange has added to the momentum for crypto ETFs globally. The listing represents growing investor interest in assets beyond Bitcoin and Ethereum. It continues as XRP continues to gain traction following Ripple’s partial legal victory in the U.S. South Korea’s new Virtual Assets Committee will also explore “Phase 2 legislation”. It will introduce stricter regulatory measures for crypto businesses. It includes more stringent rules for issuing and listing digital assets. This follows the enactment of the Virtual Asset User Protection Act in July. It aimed at enhancing investor safeguards while fostering market growth. Highlighted News Of The Day BNB Price Remains Stable Despite Dramatic Decline in Network Fees

When it comes to crypto, investing is the tip of the iceberg. Behind the scenes, there’s an entire world of ways to earn passive income, and staking has become a go-to method for many. Binance Web3 Wallet, for instance, recently introduced SOL staking, which allows users to earn rewards while holding onto $BNSOL, a liquid token they can still trade or lend. Cryptomus, on the other hand, offers up to 20% APR on TRX staking, providing a way to earn without the constant need to check the markets. But for anyone wanting consistent, hands-free rewards, Plus Wallet brings something extra to the game. Its Refer to Earn program transforms casual referrals into steady earnings. Every time a referred friend makes a trade, the rewards flow in—turning everyday interactions into a passive income stream. Binance Web3 Wallet Adds SOL Staking for Extra Flexibility Binance has introduced SOL staking on its Binance Web3 Wallet, giving users an easy way to earn rewards with added freedom. When users stake their SOL tokens, they receive $BNSOL, a liquid staking token. This unique feature means that even while SOL is staked, $BNSOL can be traded, lent out, or used in various decentralized applications. It offers a way for users to keep earning while retaining access to their assets. Binance’s approach blends the benefits of staking with the versatility of liquid tokens, making it easier for users to participate in the Web3 ecosystem without tying up their funds. Cryptomus’s TRX Staking Offers Up to 20% APR Cryptomus is now offering up to 20% APR for staking TRX, providing an option for users to earn passive income without constantly monitoring the market. With staking periods from 30 to 365 days and a minimum stake starting at 10 TRX, it’s designed to be accessible for most users. However, staking TRX for a full year assumes that the market conditions will remain favorable, which may not always be the case. While the platform makes it easy to participate, potential investors should consider the risks involved and think about whether locking up their TRX for extended periods aligns with their overall crypto strategy. How To Earn Consistent Passive Income with Plus Wallet Plus Wallet has built its reputation on a “more is more” mantra, offering users a mix of control, security, and rewards. Its intuitive design gives users full control over their crypto holdings, while top-notch security features—like Face ID, PIN code authentication, and advanced encryption keep their assets safe. But the rewards are what make Plus Wallet the best iOS & Android crypto wallet, especially with its unique Refer to Earn program. With Refer to Earn, users can earn passive income by simply inviting others to join the platform. It works like this: after sending out a referral link, users earn a portion of the rewards from every swap their referral makes. This means that as soon as a referred friend starts trading, the original user gets a share of their rewards—alongside the new user. It’s a win-win, where users can build a network that benefits everyone involved. The beauty of Refer to Earn is its flexibility and ease. Users can refer as many friends as they like, and with each new swap, the rewards keep coming. It’s a straightforward way to grow income while sharing an app they already enjoy. So if someone is looking to boost their earnings while helping others discover a reliable crypto wallet, there’s no better time to get started with referrals on Plus Wallet. The more connections made, the more rewards they’ll see, turning casual conversations into steady streams of income. In a Nutshell Binance Web3 Wallet’s liquid staking offers flexibility, and Cryptomus’s TRX staking gives users access to attractive APRs. However, Plus Wallet takes the lead with its effortless rewards, letting users earn without locking up assets or tracking market shifts. By simplifying the earning process, Plus Wallet proves itself a strong option for anyone eager to make crypto management both profitable and easy. Explore Plus Wallet: Website: https://pluswallet.app/ Download: https://onelink.to/pluswalletapp Twitter: https://x.com/pluswalletapp Instagram: https://www.instagram.com/pluswallet.app/ 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. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

The crypto world is alive with activity as Chainlink (LINK) looks set for a major price increase. Experts believe that LINK’s price might jump to $159.54 by 2025 if its market value reaches $100 billion. At the same time, Optimism (OP) is grabbing headlines with its soon-to-happen $21 million fund release, which might mix up its price. But the real headline-grabber is BlockDAG’s sale, already over $94.5 million and closing in on $100 million! With early buyers making a huge 1960% profit, and a projected price of $20 by 2027, BlockDAG is the hot topic in the crypto community as a top pick for October 2024. Chainlink Forecasts a Potential Price Increase Chainlink (LINK) might see its price shoot up to $159.54 if its market value hits $100 billion by the second quarter of 2025. Now priced around $11.22, LINK has dropped by 3.6% in the last 24 hours. Yet, there’s optimism around its involvement in important sectors like Oracle services, real-world assets, and Decentralized Physical Infrastructure Networks. For nearly three years, LINK has maintained a price between $5 and $11.50, considered a solid range to buy. If Chainlink expands its footprint in decentralized finance and cross-chain technology, it might see a significant price rise. Its future price will depend on how well the project performs in the upcoming months. Optimism’s Fund Release Might Lead to Price Dip The crypto scene is keeping an eye on Optimism (OP) as it prepares to release $21 million worth of funds this week. This move will put an extra 12.47 million OP funds into the market, which might increase selling and lead to a drop in price. Releases like this usually add more liquidity but can also bring about volatility if early buyers or major holders decide to sell. This release represents 1% of its total funds in circulation, and although it’s smaller than some other releases, it could still affect market movements. Market watchers should be alert for any price changes as these events can offer both chances and challenges for holders. BlockDAG Presale on Track to Reach $100 Million Soon! BlockDAG is nearing a major breakthrough, with its presale already over $94.5 million and quickly approaching the $100M mark! A vibrant market recovery has placed BlockDAG’s advanced ecosystem in the spotlight, drawing significant funds and sparking excitement among traders. Enthusiastic Testnet feedback has increased the buzz, positioning BlockDAG as one of the standout altcoins of 2024. As interest keeps growing, BlockDAG’s presale is moving swiftly, showcasing its possible leading role in the crypto world. This momentum has sparked discussions about BlockDAG’s future worth. Experts predict that BDAG’s price might climb to $20 by 2027, offering early participants a staggering return. The ongoing presale presents a tempting opportunity for those pondering which crypto to purchase in October 2024. Priced at $0.0206 in batch 24, early participants have already enjoyed a 1960% gain since batch 1. As the presale races towards the $100 million mark, it’s evident that both individual and larger-scale traders are paying attention, marking BlockDAG as a significant player in the altcoin arena. If BlockDAG maintains this pace, it won’t be long before it ranks among the top cryptocurrencies, making it a must-consider for anyone looking to dive in. Which Crypto to Buy in 2024? In conclusion, the crypto market is alive with possibilities and challenges. Chainlink’s forecasts indicate a big price jump if it continues to broaden its role in DeFi and Oracle services. Meanwhile, the upcoming release of funds by Optimism could stir the market, bringing both challenges and opportunities depending on how the market reacts. However, the standout news is BlockDAG’s presale, as it swiftly nears the monumental $100 million mark! BlockDAG is establishing itself as a prime candidate in the crypto field, with early adopters experiencing exceptional gains and the project gaining significant momentum. With BDAG’s price expected to hit $20 by 2027, this coin is one to watch. For those searching for crypto with great potential, BlockDAG should be at the forefront of their choices. 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 recommends 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 cryptocurrency sector is bustling, with rapid shifts that can alter market dynamics overnight. Despite a strategic boost in holdings by Ethereum’s co-founder Vitalik Buterin, Ethereum has seen a decline of over 9% in the past week, demonstrating the volatility and challenges in the broader market. Conversely, Kaspa shows promise of stability, potentially marking a growth phase. BlockDAG, however, has captured widespread attention by achieving $10 million in presale funds within a mere 72 hours. This notable influx has propelled BlockDAG’s presale earnings to an impressive $94 million, positioning it as a standout cryptocurrency entity in 2024. With the presale fast approaching the $100 million mark, market analysts suggest that BlockDAG is well placed to meet its ambitious $600 million target soon. Ethereum’s Market Challenges Continue Below $2,500 Over the past week, Ethereum has struggled, with its value decreasing by more than 9%. Despite these hurdles, Vitalik Buterin has been actively increasing his Ethereum stake, notably converting various smaller-cap cryptocurrencies into 140.67 ETH, currently valued at $340,500. However, Ethereum’s value continues to face difficulties, presently hovering around $2,487. The resistance near $2,500 is proving tough to overcome, and technical indicators indicate that the downward trend may continue, potentially affecting wider market sentiment. Uncertain Outlook for Kaspa Kaspa has recently drawn attention due to its rapid growth, earning the nickname “Bitcoin on steroids” because of its quick block times and efficient network. Although recent trends have shown increased stability, Kaspa faces ongoing market resistance, and some analysts caution that its rapid ascent might not be sustainable. This volatility could lead to unexpected price drops, posing risks for short-term holders. Despite this, Kaspa’s technological advancements continue to attract interest, although the prospect of sudden market corrections has shifted some focus towards other emerging projects like BlockDAG. Kaspa Whales Transition to BlockDAG: $10M Gained in Three Days BlockDAG has recently seen an influx of $10 million within a remarkably short 72 hours, predominantly driven by significant assets from Kaspa whales. This rapid capital accumulation underscores BlockDAG’s unique allure, built on its groundbreaking technology and user-focused design, setting it apart from traditional cryptocurrency platforms. The swift escalation in attention from major traders underscores BlockDAG’s transformation into a highly sought-after destination for those pursuing state-of-the-art technology combined with substantial growth opportunities. This wave of demand has significantly boosted its presale revenue to over $94 million. As BlockDAG nears the significant milestone of $100 million, it is steadily closing in on its ambitious $600 million presale target. Currently, with over 140,000 unique holders, BlockDAG is strategically positioned to broaden its international reach and escalate its influence in the cryptocurrency market. Early backers of BlockDAG have already experienced a remarkable 1960% increase in the value of their holdings. The price of BDAG has escalated from $0.001 in the first batch to $0.0206 in the latest, 24th batch, with a total of 14 billion coins sold. This trajectory not only highlights the strong market confidence in BlockDAG’s potential but also marks it as a top contender in the rapidly evolving crypto landscape, promising continued growth and profitability. Top-Performing Cryptocurrencies: A Focus on BlockDAG While Ethereum grapples with its market challenges and Kaspa displays a potentially steadier growth curve, BlockDAG has emerged as a key focus for substantial traders. With its presale swiftly garnering $10 million, largely driven by significant interest from Kaspa whales, BlockDAG is recognized as a top-performing cryptocurrency of 2024. With presale revenues surpassing $94 million and nearing $100 million, experts predict BlockDAG will soon achieve its $600 million goal, promising substantial returns for long-term participants. Join BlockDAG – Act Now Before Prices Increase: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork 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 recommends 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.

Zaheer Ebtikar, the Chief Investment Officer (CIO) and founder of Split Capital—a hedge fund specializing in liquid token investments—has attributed the Ethereum underperformance over the last months to strategic missteps by the Ethereum Foundation and structural shifts in crypto capital flows. In an analysis shared via X (formerly Twitter), Ebtikar writes, “Independent of the myriad of (probable) bad decisions that the ETH foundation & co have made there’s another structural reason why ETH has traded like a dog this cycle.” Why Is The Ethereum Price Lagging Behind? Ebtikar began by emphasizing the importance of understanding capital flows within the crypto market. He identified three primary sources of capital flow: retail investors who engage directly through platforms like Coinbase, Binance, and Bybit; private capital from liquid and venture funds; and institutional investors who invest directly through Exchange-Traded Funds (ETFs) and futures. However, he noted that retail investors are “hardest to quantify” and are “not fully present in the market today,” thus excluding them from his analysis. Focusing on private capital, Ebtikar highlighted that in 2021, this segment was the largest capital base, driven by crypto euphoria that attracted more than $20 billion in net new inflows. “Fast forward to today, private capital is no longer the heavy hitter capital base as ETFs and other traditional vehicles have taken the role of the largest net new buyer of crypto,” he stated. He attributed this decline to a series of poor venture investments and overhang from prior cycles, which have “left a bad taste in the mouths of LPs.” These venture firms and liquid funds recognized that they couldn’t wait out another cycle and needed to be more proactive. They began taking more “shots on target” for liquid plays, often through private deals involving locked tokens such as Solana (SOL), Celestia (TIA), and Toncoin (TON). “These locked deals also represented something more interesting for a lot of firms—there’s a world outside of Ethereum-based investing that is actually growing and usable and has enough market cap growth relative to ETH that could justify the underwriting of the investment,” Ebtikar explained. He noted that investors were aware it would be increasingly difficult to raise funds for venture and liquid investments. Without the return of retail capital, institutional products became the only viable avenue for a bid for ETH. Mindshare began fragmenting as the three-year mark of the 2021 vintage approached, and products like BlackRock’s spot Bitcoin ETF (IBIT) gained legitimacy as the de facto benchmark for crypto. Private capital had to make a choice: “Abandon their core portfolio hold in ETH and move down the risk curve or hold your breath for traditional players to start bailing you out.” This led to the formation of two camps. The first consisted of pre-ETF ETH sellers between January and May 2024, who opted out of ETH and swapped to assets like SOL. The second group, post-ETF ETH sellers from June to September 2024, realized that ETF flows into ETH were lackluster and that it would take much more for ETH’s price to gain support. “They understood that the ETF flows were lackluster and it would take a lot more for ETH price to begin being supportive,” Ebtikar noted. Turning his attention to institutional capital, Ebtikar observed that when spot Bitcoin ETFs like IBIT, FBTC, ARKB, and BITW entered the market, they exceeded expectations. “These products broke any realistic target investors and experts could’ve fathomed with their success,” he stated. He emphasized that Bitcoin ETFs have become some of the most successful ETF products in history. “BTC went from being a dog in the average portfolio to now the only funnel for net new capital in crypto and at a record rate too,” he said. Despite Bitcoin’s surge, the rest of the market didn’t keep up. Ebtikar questioned why this was the case, pointing out that crypto-native investors, retail, and private capital had long since reduced their Bitcoin holdings. Instead, they were “stuck in altcoins and Ethereum as the core of their portfolio.” Consequently, when Bitcoin received its institutional bid, few in the crypto space benefited from the new wealth effect. “Few in crypto were beneficiaries of the newly made wealth effect,” he remarked. Investors began to reassess their portfolios, struggling to decide their next moves. Historically, crypto capital would cycle from index assets like Bitcoin to Ethereum and then down the risk curve to altcoins. However, traders speculated on potential flows into Ethereum and similar assets but were “broadly wrong.” The market started to diverge, and the dispersion between asset returns intensified. Professional crypto investors and traders moved aggressively down the risk curve, and funds followed suit to generate returns. The asset they chose to reduce exposure to was Ethereum—the largest asset in their core portfolios. “Slowly but surely ETH started losing steam to SOL and similar, and a non-trivial percentage of this flow started really moving downstream to memecoins,” Ebtikar observed. “ETH lost its moat in crypto-savvy investors, the only group of investors who were historically interested in buying.” Even with the introduction of spot ETH ETFs, institutional capital paid little attention to Ethereum. Ebtikar described Ethereum’s predicament as suffering from “middle-child syndrome.” He elaborated, “The asset is not in vogue with institutional investors, the asset lost favor in crypto private capital circles, and retail is nowhere to be seen bidding anything at this size.” He emphasized that Ethereum is too large for native capital to support while other index assets like SOL and large caps like TIA, TAO, and SUI are capturing investor attention. According to Ebtikar, the only way forward is to expand the universe of potentially interested investors, which can only happen at the institutional level. “ETH’s best odds of making a material comeback (short of changes to the core protocol’s trajectory) is to have institutional investors pick up the asset in the coming months,” he suggested. He acknowledged that while Ethereum faces significant challenges, it is “the only other asset with an ETF and likely will be for some time.” This unique position offers a potential avenue for recovery. Ebtikar mentioned several factors that could influence Ethereum’s future trajectory. He cited the possibility of a Trump presidency, which could bring changes to regulatory frameworks affecting cryptocurrency. He also pointed to potential shifts in the Ethereum Foundation’s direction and core focus, suggesting that strategic changes could reinvigorate investor interest. Additionally, he highlighted the importance of marketing the ETH ETF by traditional asset managers to attract institutional capital. “Considering the possibility of a Trump Presidency, change at the Ethereum Foundation’s direction and core focus, and marketing of the ETH ETF by traditional asset managers, there are quite a few outs for the father of smart contracting platforms,” Ebtikar remarked. He expressed cautious optimism, stating that not all hope is lost for Ethereum. Looking ahead to 2025, Ebtikar believes it will be a critical year for cryptocurrency and especially for Ethereum. “2025 will very much be an interesting year for crypto and especially for Ethereum as so much of the damage from 2024 can be unwound or further deepened,” he concluded. “Time will tell.” At press time, ETH traded at $2,534.

Solana climbed higher above the $140 resistance zone. SOL price is rising and might gain bullish momentum if it clears the $155 resistance. SOL price is attempting a fresh increase above the $142 pivot level against the US Dollar. The price is now trading above $148 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $147.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could gain bullish momentum if it breaks the $155 resistance zone. Solana Price Regains Traction Solana price climbed above the $138 and $140 levels. SOL gained pace after there was a close above the $145 resistance level, like Bitcoin and Ethereum. Finally, the bulls pushed the price above the $150 level. A high was formed at $153.22 and the price is now consolidating gains. There was a minor pullback below the $152 level. The price tested the 23.6% Fib retracement level of the upward move from the $144.40 swing low to the $153.22 high. Solana is now trading above $145 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $147.50 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $153.50 level. The next major resistance is near the $155 level. The main resistance could be $158. A successful close above the $155 and $158 resistance levels could set the pace for another steady increase. The next key resistance is near $162. Any more gains might send the price toward the $175 level. Another Decline in SOL? If SOL fails to rise above the $155 resistance, it could start another decline. Initial support on the downside is near the $150 level. The first major support is near the $147.50 level or the trend line. It is close to the 61.8% Fib retracement level of the upward move from the $144.40 swing low to the $153.22 high. A break below the $147.50 level might send the price toward the $144.50 zone. If there is a close below the $144.50 support, the price could decline toward the $138 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $147.50 and $144.40. Major Resistance Levels – $155 and $162.

XRP price is moving higher from the $0.5250 support. The price could gain bullish momentum if it clears the $0.5450 and $0.5500 resistance levels. XRP price is attempting a fresh increase above the $0.5320 support. The price is now trading above $0.5350 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.5310 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5450 and $0.5500 resistance levels. XRP Price Holds Key Support XRP price remained stable above the $0.5240 support. A base was formed and the price started a fresh increase above $0.5350 like Bitcoin and Ethereum. The price climbed above the 61.8% Fib retracement level of the downward move from the $0.5430 swing high to the $0.5252 low. Besides, there was a break above a key bearish trend line with resistance at $0.5310 on the hourly chart of the XRP/USD pair. The price is now trading above $0.5350 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5390 level. It is close to the 76.4% Fib retracement level of the downward move from the $0.5430 swing high to the $0.5252 low. The first major resistance is near the $0.5400 level. The next key resistance could be $0.5450. A clear move above the $0.5450 resistance might send the price toward the $0.5500 resistance. Any more gains might send the price toward the $0.5680 resistance or even $0.5750 in the near term. The next major hurdle might be $0.600, where the bears might emerge. Another Decline? If XRP fails to clear the $0.540 resistance zone, it could start another decline. Initial support on the downside is near the $0.5340 level and the 100-hourly Simple Moving Average. The next major support is near the $0.5280 level. If there is a downside break and a close below the $0.5280 level, the price might continue to decline toward the $0.5250 support in the near term. The next major support sits near the $0.5120 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.5340 and $0.5280. Major Resistance Levels – $0.5400 and $0.5450.

Ethereum price started a steady increase above the $2,450 resistance. ETH is holding gains and might gain bullish momentum above $2,520. Ethereum started a steady increase above the $2,420 and $2,450 resistance levels. The price is trading above $2,440 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $2,455 on the hourly chart of ETH/USD (data feed via Kraken). The pair must gain bullish momentum above the $2,520 and $2,550 resistance levels. Ethereum Price Regains Traction Ethereum price formed a base above the $2,350 level and started a fresh increase. ETH cleared the $2,420 and $2,450 resistance levels to move into a positive zone, beating Bitcoin. The bulls even pushed the price above the $2,500 level. A high was formed at $2,518 and the price is now consolidating gains. The price is stable above the 23.6% Fib retracement level of the upward move from the $2,436 swing low to the $2,518 high. Ethereum price is now trading above $2,450 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $2,455 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $2,520 level. The first major resistance is near the $2,550 level. A clear move above the $2,550 resistance might send the price toward the $2,580 resistance. An upside break above the $2,580 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,620 resistance zone in the near term. The next hurdle sits near the $2,650 level or $2,720. Another Pullback In ETH? If Ethereum fails to clear the $2,520 resistance, it could start another decline. Initial support on the downside is near the $2,480 level. The first major support sits near the $2,455 zone and the trend line or the 76.4% Fib retracement level of the upward move from the $2,436 swing low to the $2,518 high. A clear move below the $2,435 support might push the price toward $2,420. Any more losses might send the price toward the $2,350 support level in the near term. The next key support sits at $2,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,455 Major Resistance Level – $2,520

Bitcoin price started a fresh increase above the $62,000 resistance zone. BTC is now consolidating and might aim for more upsides above $63,000. Bitcoin is struggling to start a fresh increase above the $63,200 zone. The price is trading above $61,500 and the 100 hourly Simple moving average. There is a short-term declining channel forming with resistance at $63,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could regain traction if there is a close above the $63,200 resistance zone. Bitcoin Price Holds Support Bitcoin price formed a base and started a fresh increase above the $61,200 resistance. BTC cleared the $62,000 resistance to move into a positive zone. The price even spiked above $63,000 before the bears appeared. A high was formed at $63,445 and the price is now consolidating gains. There was a minor decline below the $63,000 level. There was a minor move below the 23.6% Fib retracement level of the upward move from the $58,888 swing low to the $63,445 high. Bitcoin price is now trading above $62,000 and the 100 hourly Simple moving average. On the upside, the price could face resistance near the $63,000 level. There is also a short-term declining channel forming with resistance at $63,000 on the hourly chart of the BTC/USD pair. The first key resistance is near the $63,200 level. A clear move above the $63,200 resistance might send the price higher. The next key resistance could be $63,500. A close above the $63,200 resistance might initiate more gains. In the stated case, the price could rise and test the $64,500 resistance level. Any more gains might send the price toward the $65,000 resistance level. Another Decline In BTC? If Bitcoin fails to rise above the $63,200 resistance zone, it could start another decline. Immediate support on the downside is near the $62,250 level. The first major support is near the $62,000 level. The next support is now near the $61,150 zone or the 50% Fib retracement level of the upward move from the $58,888 swing low to the $63,445 high. Any more losses might send the price toward the $60,000 support in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $62,000, followed by $61,150. Major Resistance Levels – $63,000, and $63,500.

At the time of writing, XRP is trading at $0.5298, down 1.76% in the last 24 hours. The price plunged from $0.66 level to $0.51 mark post SEC’s decision to file an appeal. The presidential campaign of Kamala Harris received a donation of $1 Million in XRP from Chris Larsen, co-founder of Ripple. A civic action organization that backs her bid for the 2024 election, Future Forward USA, received the funds. The timing of the financial contribution is not ideal for Ripple. The firm is now in the middle of a dispute with the US Securities and Exchange Commission (SEC). The filing of a cross-appeal in Ripple’s legal lawsuit against the U.S. Securities and Exchange Commission (SEC) was announced by Stuart Alderoty, the company’s chief legal officer, on X. This comes after last week’s appeal by the SEC to the U.S. Court of Appeals, which aims to reverse portions of the XRP judgment by District Judge Analisa Torres. With more and more banks and other financial institutions adopting XRP, Ripple, CEO Brad Garlinghouse has recently predicted that XRP may reach $10,000. He spoke with Bloomberg on how XRP may aid corporations in resolving issues worth trillions of dollars. He went on to say that XRP’s rising price is due to its increasing usage in cross-border transactions. It may change the face of global finance since it prioritizes efficiency above market capitalization or volume. Consolidation Phase Underway At the time of writing, XRP is trading at $0.5298, down 1.76% in the last 24 hours as per data from CMC. Moreover, the trading volume is down 7.69%. The price plunged all the way from $0.66 level to $0.51 mark post SEC’s decision to file an appeal. Since then the price has climbed briefly and has been consolidating in a tight range. If the price breaks below $0.51 level, then it will likely plunge further to test $0.42 support level. Breaking below this level, will likely see price testing $0.31 support level. Conversely, if the price manages to break above $0.55 level, then it will likely test $0.61 resistance level.

If the price manages to go past $150 level, then it will likely test $160 resistance level. At the time of writing, SOL is trading at $145.36, down 1.02% in the last 24 hours. Solana (SOL) has been drawing a lot of attention recently thanks to an upswing in positive social media sentiment, and the cryptocurrency industry as a whole is showing signs of rebound. Unverified reports that IT giant Apple is considering launching a project on the Solana Blockchain have piqued the interest of traders. There were five favorable remarks on Solana for every negative comment on social media on October 11, according to Santiment statistics. In the previous three weeks, this degree of positivity has not been seen before. Breakout in Either Direction Likely The fact that the price of Solana has stayed over $140 indicates that it is becoming more resilient. In the next few weeks, traders will be watching to see whether the price of Solana (SOL) continues consolidation or if it regains momentum and heads above the $150 mark. Not only that, but it has been trading within the same symmetric triangular pattern in the Solana price trend since September. When looking at the altcoin’s price behavior from a long-term perspective, this shows that it is weak. At the time of writing, SOL is trading at $145.36, down 1.02% in the last 24 hours as per data from CMC. Moreover, the trading volume is down 6.86%. The price found support at $135 level recently, after facing severe selling pressure. However, bulls quickly drove the price up and it is now consolidating in the $143-148 range. If the price manages to go past $150 level, then it will likely climb further to test $160 resistance level. However, if the bears drive the price below $143 level, then it will likely test $135 support level.

As always, new opportunities in the cryptocurrency market arise, and now Rexas Finance (RXS) seems to be one of the most active projects. With the rate of impressive growth during the presale of Rexas Finance, the token is projected to surge to a massive 3,900% increase by 2025. Is it possible for Rexas Finance (RXS) to achieve such phenomenal growth? Here, We explain the reasons for this activity. Rexas Finance (RXS): Pioneering RWA Tokenization Ultimately, Rexas Finance RXS is disrupting how investors enter into real-world assets through blockchain technology. RWA Tokenization allows for within the above definitions the conversion of any material for example a Real Estate property, natural resources, paintings, etc. into a digital token that can be exchanged on a blockchain. This allows the investors to rent parts of expensive items that were out of reach for the normal man bringing in increased liquidity, more transparency, and greater accessibility to such markets. In contrast, the RWA tokenization model that defines Rexas Finance gives it a valid and creative application in a space that is mostly occupied by utility and other speculative tokens. Rexas Finance makes this possible by connecting the two worlds and hence diversifying what investors include in their portfolios to reach beyond virtual currencies to real ones. The demand grows due to diversified sources of income for more investors and Rexas Finance is also in place to take advantage of this trend. For this reason, several analysts are predicting a sharp increase in the prices of the token in a few years. Rexas Finance (RXS) Presale Price Surge The presale of Rexas Finance (RXS) has amazed everyone and ignited more enthusiasm for the project. Ever since Stage 1 was launched, the prices of RXS tokens have risen significantly, demonstrating the interest of the earliest investors. As each stage of presale is getting sold out sooner than expected, the project has already raised more than $2,750,000 by the time stage four was reached.This surge in the presale price demonstrates that there is confidence in the project as to its value increasing in the future. Early investments are directed to Rexas Finance since early movers understand that the project is an opportunity that cannot be missed by waiting for the tokens to trade on exchanges. RXS costs $0.06 at the moment. However, with more and more investors joining the project, the price will likely keep on rising.The comparatively fast movement from Stage 1 to Stage 4 in the presale illustrates the increasing demand for the innovative ways used by Rexas Finance in RWA tokenization. The presale optimism in long-term price trend directions will be further strengthened by the fact that the project is being marketed to and sold to institutional investors who are traditionally wary of and inactive in crypto. Is Rexas Finance (RXS) on Track for a 3,900% Surge by 2025? Who would have thought that after taking this innovative value proposition and leveraging on the presale success Rexas Finance (RXS) may hit the decibel level of 3,900% by 2025? Plenty of bull factors within the Rexas Finance model simply mean that the company is well poised for exponential growth within the coming years.To begin with, the growing need for real-world asset tokenization is making it easy for Rexas Finance to flourish in this space. Communities in the market that have become sophisticated are looking to invest in more safe and tangible projects, opportunities like Rexas Finance which have real use cases are likely to perform better than some of the more risky speculative coins. A 3,900% percent price increase by the year 2025 projection is epistemically predictable as an amalgamation of the impressive demand in the market, the Rexas Finance model and purpose uniquely employed business, and the fact that this project has successfully managed to draw in investors. Currently valued at $0.60, the 3900 percent increase will be able to position RXS at around $2.40 by the year 2025 with reasonable returns for those who will be able to invest in the early stages of the project. Considering the factors that are contributing to this trend, no one would be surprised where the positive outlook of all forecasters in the matrix of Rexas Finance is coming from. The $1 Million Giveaway: Building a Strong Community With the growth of Rexas Finance, the project is working as well to create a good and active base of supporters. One of the ways it’s doing so is through the $1 million giveaway, something that is aimed at 20 people with a prize of $50,000 in RXS tokens per person. Currently, there are more than 101k participants signed up and the competition is only 117 days so there is even more excitement around the project already. Conclusion Due to its interesting way of approaching real-world asset tokenization, its strong presale sales, and positive expectations from experts, it would be safe to say that Rexas Finance (RXS) is becoming one of the most attractive investment prospects in the cryptocurrency industry. Investors realize that they’ve found an opportunity that will bring 3,900% returns by 2025, given the current presale price of $0.06. 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 article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

Shiba Inu (SHIB), the parody coin that hit the headlines in 2021, has reignited investor interest. Based on the examination of crypto expert Javon Marks, the token has recently emerged from a declining wedge formation, which may suggest that a substantial price increase is in the offing. Marks estimates that SHIB might increase by 342% and reach $0.000081, a level not seen since the bull run of 2021. If current trends continue, the canine-inspired digital asset may see a significant price turnaround. Following that milestone break, the future of SHIB’s price looks promising. According to the estimations, if the token reaches $0.00001794 in mid-November 2024, there will be a 0.65% immediate price gain. The current position at a neutral 50 of the Fear & Greed Index reveals a balanced state of mind on the market and correlates well with cautious optimism regarding the change in SHIB price. Of late, in the last 30 days, SHIB has been green for half the days, 15, and that too supports further future development. The Power Of A Falling Wedge For the last five months, SHIB has been in a falling wedge pattern, which is a chart pattern in technical analysis that normally trends with a strong bullish reversal. As such, this particular pattern, where the lows are lower and the highs are lower, has proven to be a trigger for breakouts. In March 2024, the pattern was apparently clear, as SHIB declined from the yearly high at $0.000045. According to Marks, it may be the breakthrough that pushes the token all the way to $0.000081. Key Indicators Point To Strength Momentum may be emerging as SHIB trades around $0.00001785 with persistent higher lows. Additionally, the token’s 50-day and 100-day Exponential Moving Averages (EMAs) are lower than the current price, suggesting bullishness. The fact that SHIB is still trading above its 200-day Simple Moving Average (SMA) indicates that it is in an uptrend over the long term, despite the fact that it is trading below its 50-day SMA, which is often a bearish signal. The confluence of these indicators indicates that SHIB is stable, although it is possible for it to move farther in any direction. Support And Resistance Levels Looking forward, Shiba Inu has important support around $0.000017; resistance at $0.000018 and $0.000019. Should the token be able to surpass these resistance thresholds, it may rapidly achieve the target anticipated at $0.000081. Meanwhile, there still is room for development, but traders and investors should continue to watch closely the activity of the price because the next steps for SHIB can validate the breakout or trigger even more consolidation. Yet considering past trends and technical hints that look hopeful, it might be just a matter of time before SHIB explodes into significant value soon. Featured image from Pexels, chart from TradingView

The success of BNB has propelled it to the position of fourth biggest cryptocurrency. Investors are starting to wonder whether BNB’s recent outperformance will be sustainable. After momentarily challenging the $555 support level, BNB, the native token of BNB Chain, gained 4.1% from October 10th to October 11th, indicating resilience. Despite a drop in the overall cryptocurrency market since July, the price of BNB has been quite consistent. The success of BNB has propelled it to the position of fourth biggest cryptocurrency, surpassing Solana in market value by a substantial $15 billion. Investors are starting to wonder whether BNB’s recent outperformance will be sustainable. Since on-chain activity for the chain fell by 37% in the last week. When Base network went live, it offered lightning-fast and cheap integration with Coinbase, the top US exchange and Web3 wallet service, so traders were understandably skeptical. Lowest Level in 4 Years One may make the case that Binance’s services, like as discounted trading fees and exclusive access to the launchpad, contribute to BNB’s value even if they don’t directly affect BNB’s utility on the BNB Chain. Nevertheless, BNB is extensively used in the ecosystem’s decentralized apps (DApps) for trading, staking, yield farming, RWA, lending, launchpads, gaming, and derivatives markets, among other things. This is in addition to its role in network transaction fees. Examining on-chain deposits and network fees are crucial indications to determine whether BNB Chain activity is indeed sustaining the BNB pricing. The total value locked (TVL) of BNB Chain is now 8.1 million BNB, which is relatively unchanged from two months ago. Nevertheless, during the week ending October 7, network fees fell to their lowest level in almost four years. There was a substantial 56% drop from the previous week’s total fees of 1,880 BNB during that time period. Highlighted Crypto News Today: US SEC Delays Decision on Options Linked to Spot Ether ETFs

Uniswap has surprisingly outpaced the broader market with the token experiencing an outstanding 17% uptick since last week, gaining bigger retail interest. This has been caused by a recent development that provided a new level of user experience on the platform. This week, Uniswap announced Unichain, a new L2 with faster block times and cross-chain interoperability designed to be “the home for liquidity across chains.” Unichain: What’s The Gist? According to Uniswap’s most recent blog post, Unichain is designed to support Ethereum’s scaling which draws transaction fees to be as low as 95% compared to the Ethereum mainnet with the goal to drop it even further. Another feature that current and future users will love is the fast transaction times thanks to Unichain’s 1-second block times. As the platform matures, Unichain aims to release 250 millisecond block times in the future further decreasing transaction times while increasing the number of transactions the platform can handle. The faster transaction times are only possible because of the trusted execution environment (TEE), a feature designed with Flashbots, an R&D organization on Ethereum. Since Uniswap is already part of the Optimism Superchain, users of Unichain will enjoy built-in cross-chain interoperability, which only means that users can interact with other L2s that are part of the Superchain without any hitches. Right now, Uniswap has launched the Unichain Testnet Bridge Rewards program which will allow users to bridge to the Unichain testnet and experience the new L2. The platform has also set up a 20,000-participant Early Adopter Rewards program to encourage new users to join the infant platform. Once Unichain matures, Unichain will continue to grow to be a major competitor in the market. Continued Rejection On $8.186 Puts UNI In Awkward Position Despite the token experiencing a move upward, the $8.186 resistance level proves to be a tough nut to crack for investors and traders. As of writing, UNI is still trading between $7.518 and $8.186, placing the token in a very awkward position. UNI’s relative strength index (RSI) continues to signal that the token will fall below the $7.518 support level in the short to medium term. But it remains to be seen whether the current trading range will yield to the bears in the medium term. At its current rate, UNI bulls will have to deal with a growing bearish sentiment that will wipe out the gains made within the previous week. In this case, investors and traders should be careful with entering the market right now as the token’s momentum will put UNI well below $7.518 short term. Featured image from Printler, chart from TradingView

If you regret missing out on the massive rallies of Solana (SOL) and Fantom (FTM), there’s no need to worry. A new real-world asset (RWA) token called Rexas Finance (RXS) is quickly gaining momentum, and experts believe it could outperform both SOL and FTM in the coming years. Currently priced below $0.10 in its presale, Rexas Finance offers an extraordinary opportunity for early investors to achieve significant returns, especially considering its potential for explosive growth in 2025. The Crazy Increase in Prices of SOL and FTM One of the valuable digital currencies Solana (SOL) managed to record one of the strongest and most furious bull runs in recent memory hitting a whopping 2,500% increase from a mere $8 in 2023 to a high of $209 in the year 2024. In the same way, a token called Fantom (FTM) recorded a shocking increase of 166.731% from $0.0021 in 2020 to $3.54 in 2021. Those rallies made it possible for early investors who bought the coin to reap satisfactory levels of profit.But even so, if you lose those chances, it is not too late to surf on the next vanned cryptocurrency as it has come. Rexas Finance (RXS), a newborn token in the RWA ecosystem, has a roadmap to surpass these historic price bumps as it gains traction in its presale stage. Why Rexas Finance RXS Will Outperform the Competitors by 2025 Rexas Finance is not a simple cryptocurrency for the sake of a coin; it’s a path-breaking initiative that is focused on changing the present scenario and bringing improved tokenization of real-world assets. The token has grown by over 100% across presale stages 1, 2, and 3 and is standing at the pre-sale stage 4 where the RXS token is now valued at $0.060. As the presale increases, people or investors are likely to see Rexas Finance reaching the $0.10 mark in the last presale phases and before getting listed at $0.20.For those who choose to invest now, the amount of growth expected is mind-blowing. In fact, at listing RXS tokens of price $0.060, investors will enjoy a return of 233.33% of investment made on buying the tokens when it’s listed at $0.20. That is a decent return that includes no risk but that is just the tip of the iceberg. They argue that the figures could reach $100 by the beginning of 2025 for investors who participate in early buying in the presale. Rexas Finance (RXS) – A Seamless Story In The Making From the figures of Rexas Finance’s presale, one can confidently trust the project’s success. The project is already in the final closure of the second presale period reaping over $2,750,000 and eliminating 65,000,000 more RXS tokens showing a very high investor’s appetency. Investors have made 2x gains already in the completed stages. Every new presale stage increases the expectations surrounding Rexas Finance more and more.What makes Rexas Finance unique is that it is not simply another speculative token in circulation. The platform uses the ever-best invention of accelerating the process of liquefying assets like real estate, commodities, and other collectibles using blockchain technology. Bringing both blockchain and real-world assets together makes Rexas Finance one of the most powerful crypto which will in turn change the norm of finance and provide new avenues to invest. $1,000,000 Giveaway: An Added Bonus for Early Investors As a pre-initial coin offering strategy to boost interest from investors, Rexas Finance is allocating an amount of $1 Million in the form of a draw. The draw will take place when the sale of the Rexas Finance will commence. 20 winners will be rewarded with $50,000 each. Simply investing at least $100 at the presale and some tasks like submitting your ERC-20 wallet qualifies you to be among them. You may also enhance your opportunity to win by referring friends to the project. Conclusion: Don’t Miss Out on Rexas Finance (RXS) If you were not able to profit from the crazy run-ups in Solana or Fantom, now is your time to take advantage of the next great opportunity. Rexas Finance (RXS), whose price is under $0.10 at the moment, possesses incredible upside potential that can change lives by the year 2025. With its presale success, innovative RWA tokenization model, and a community-driven $1,000,000 giveaway, Rexas Finance is the token to watch. Don’t miss the chance to get in early and secure your stake in this groundbreaking project. 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

Buterin made 257.1 ETH, or almost $636,000, from the sale of several meme coins. Recently, Buterin praised the charitable contributions of two meme coin projects. According to blockchain statistics, Vitalik Buterin—co-founder of Ethereum—has made 257.1 ETH, or almost $636,000, from the sale of several meme coins. Given the recent gifts of meme coins, which caused alarm among cryptocurrency community members about possible risks to investors, Buterin’s conduct has garnered attention. Buterin allegedly sold many meme coins that were given to him for free, according to blockchain data. There were 330,000 MSTR sold for 114.1 ETH ($282,000), 14 million POPCAT sold for 74.99 ETH ($186,000), and 14 billion ITO sold for 36.55 ETH ($90,000). Additionally, 1.05 million ETH6900 sold for 15.37 ETH ($38,000), 50.53 billion SATO for 11.34 ETH ($28,000), and 10 billion Milo for 4.77 ETH ($12,000) were all sold. Less Admirable Endeavors In keeping with his earlier statements, Vitalik Buterin plans to sell or donate any tokens that are given to him without his asking. This includes these tokens. Although his dealings are consistent with this objective. They have prompted questions about whether or not they promote less admirable endeavors. Recently, the co-founder of Ethereum praised the charitable contributions of two meme coin projects—EBULL and MOODENG—on X. He went on to say that the organization would be benefiting from the tokens delivered to his address. For example, Buterin said that the MOODENG token was investing in technologies to combat airborne diseases. It was around this time that Vitalik Buterin shared his views on the ongoing community discussions surrounding the layer 1 and layer 2 fee structures for Ethereum. To begin balancing the fee distribution between the main network and Layer 2 solutions. Buterin advised that Ethereum consider EIP-7762 and base rollups. Highlighted Crypto News Today: Stablecoin Market Liquidity Surges, Boosting Crypto Sector Optimism

Popular crypto analyst Ali Martinez shared data suggesting an interesting accumulation trend among XRP investors despite ongoing price uncertainty. According to Martinez, who referenced data from on-chain analytics platform Santiment, XRP whales have made substantial purchases totaling around 40 million XRP within the last 48 hours. This significant accumulation trend coincides with a rise in large transactions to and from cryptocurrency exchanges, as highlighted by whale transaction tracker Whale Alerts during the same period. Whales Buy Millions Of XRP In a recent post on social media platform X, Martinez shared a Santiment data chart that illustrates the total holdings of XRP addresses containing between 1 million and 10 million XRP tokens. He highlighted that these specific cohorts of traders have collectively acquired approximately 40 million XRP over the past 48 hours, amounting to an investment of around $22 million. While this figure might appear modest in comparison to the more substantial movements typically seen from XRP whales, it marks a significant development as it represents the first notable inflow into these wallets since the beginning of the month. The chart shared by Martinez reveals a concerning trend. The total holdings of these whale wallets have been in a steep decline since the start of October. On October 1, the cumulative holdings for this group were recorded at approximately 3.93 billion XRP. However, in a matter of days, these wallets experienced a substantial loss of around 130 million XRP, driving their total holdings down to a three-month low of 3.8 billion XRP by October 8. However, recent accumulation by the whale addresses has seen their collective holdings increase to 3.85 billion in the past 24 hours. According to data from Whale Alerts, there have been multiple instances of large XRP transactions entering and leaving crypto exchanges in the past 24 hours. The largest transaction occurred with the transfer of 104 million XRP tokens worth $55 million from an unknown wallet into a new unknown wallet. Another notable transaction was the transfer of 52 million XRP tokens worth $27.8 million from an unknown wallet into crypto exchange Bybit. A while later, 30 million XRP tokens were transferred from Bybit into another private wallet. Is XRP Headed To $0.5 Or $0.6? Current price action shows XRP consolidating between an upper range of $0.54 and a lower range of $0.52 within the past seven days. This lack of clear direction suggests low volatility and a lack of interest among crypto traders, as evidenced by a trading volume decline of approximately 30% in the last 24 hours. However, the recent increase in whale holdings could signal a renewed interest among large investors in XRP, hinting at a potential shift in market sentiment as the new week begins. Historically, increases in whale accumulation have often been accompanied by a steady rise in the XRP price. If this trend continues, it could replicate the accumulation seen in September, which propelled XRP to a peak of $0.668. Featured image from Pexels, chart from TradingView