In the second stage, it will employ blockchain and oracles to create a trade financing solution. Microsoft, Banco Inter, Chainlink, and 7Comm have joined the initiative. To enhance supply chain procedures and cross-border agricultural commodity transactions, the second phase of the Drex central bank digital currency (CBDC) pilot was established by Brazil’s central bank, Banco Central do Brasil (BCB). Moreover, in the second stage, it will employ blockchain and oracles to create a trade financing solution. Also, Microsoft, Banco Inter, Chainlink, and 7Comm have come together to investigate the possibility of automated trade settlements. To allow a blockchain-based delivery-versus-payment (DvP) mechanism that improves efficiency and transparency, and to support safe cross-platform transactions, Chainlink, a decentralized oracle provider, will provide its Cross-Chain Interoperability Protocol (CCIP). Automating Payments in Supply Chain In order to foster financial innovation and eliminate inefficiencies in trade finance, the pilot aims to incorporate blockchain technology and CBDCs into Brazil’s economy. Furthermore, to tackle inefficiencies in global trade finance, the Drex phase two trial will use blockchain technology. The project will use blockchain mechanisms like DvP and PvP, as well as the tokenization of electronic bills of lading (eBOL). In DvP, asset transfers don’t happen until payment confirmation is received. However in PvP, several currencies may be settled at once. The goal of testing these technologies is to automate payments in the supply chain. And make them more compatible with different platforms and currencies. The Brazilian digital bank Banco Inter will spearhead the rollout of the Drex platform throughout the nation. The bank sees the project as a chance to increase economic growth and market penetration. Banco Inter’s head of innovative technologies, Bruno Grossi, said in a press release that the firm saw phase two as a promising time for Brazil. Highlighted Crypto News Today: Bitfinex Securities Launches Tokenized US Treasury Bills

The offering includes the issuance of a new token by NexBridge Digital Financial Solutions. Bitfinex Securities’ initial offering will begin on November 19 and expire on November 29. Tokenized US Treasury bills (T-bills) are making their debut in a tokenized public offering within El Salvador’s legal framework, thanks to Bitfinex Securities, a digital securities exchange and sister business of stablecoin issuer Tether. The offering includes the issuance of a new token by NexBridge Digital Financial Solutions, a digital asset issuer located in El Salvador. This token will be traded under the ticker USTBL. Token holders will have access to dollar-denominated short-term US T-bills. Banking on Tokenization Moreover, Bitfinex Securities’ initial offering will begin on November 19 and expire on November 29. With the goal of obtaining $30 million to go forward with the token issuance. Also, Bitfinex Securities claims this transaction to be the “first regulated offering” of Bitcoin-based tokenized US Treasury exposure. This new token is anticipated to earn 5.02% per year till maturity. And is issued on the Liquid Network, a prominent Bitcoin layer-2 (L2) solution. One publicly traded exchange-traded fund (ETF) that will get the funds from the sale is the iShares $Treasury Bond 0-1yr UCITS ETF. This fund aims to mimic the performance of an index that tracks US dollar-denominated government bonds issued by the US Treasury. Furthermore, investors will be able to purchase tokens using Tether’s USDT stablecoin in the beginning. And thereafter Bitcoin, as stated in the release. Bitfinex Securities’ secondary market will list the token for trade under the ticker USTBL when the first subscription period ends. And trading will be conducted in USDT. Among the new token’s anticipated features, according to a representative from Bitfinex Securities, are yields to maturity, quick settlement, the ability to withdraw funds to whitelisted wallets, and OTC trading. Highlighted Crypto News Today: Binance Clarifies BFUSD Is Not a Stablecoin and Remains Unlaunched

The cryptocurrency known for its climb fueled by memes, Dogecoin (DOGE), is slowly approaching crucial price points that can cause a lot of market activity. The token, which has regained attention from both casual investors and traders, might be preparing to revisit its all-time high (ATH) of $0.73, a level tied to an ambitious $100 billion market cap. Cryptocurrency specialist Master Kenobi is of the opinion that this particular milestone can give a psychological edge not only to the holders of Dogecoin but also to the whole cryptocurrency community at large. Dogecoin may use this valuation as an advertising of sorts, reviving interest and attracting new investors to the ecosystem. It is yet unclear if DOGE will be able to overcome its past propensity for short-term consolidation and steer toward a more gradual ascent this time. Is It A Surge Or Stagnation? Two different possibilities are emerging, according to analysts, as DOGE moves closer to these critical zones. According to the first scenario, there may be a low-volatility phase of stasis followed by an explosive breakout. Before a retreat happens, a surge like this might drive DOGE’s price toward the desired $1 level or perhaps higher, aiming for a range of $1.2 to $1.3. The second scenario suggests a quicker rise fueled by strong momentum, breaking through resistance levels without a prolonged pause. For now, the 43.14% price volatility recorded in the past 30 days serves as a reminder of Dogecoin’s unpredictable nature, even during bullish cycles. A Bullish Market With Cautionary Notes The picture painted by market indicators is conflicting but generally positive. Dogecoin has shown resiliency and investor trust by achieving green days on 63% of the previous month. The Fear & Greed Index, which states a reading of 90, indicates growing enthusiasm. However, CoinCodex has already predicted a possible decline in price by 7.63% by December. This prognosis emphasizes the need for caution rather than undermining the current bullish mood. While long-term holders should balance the risks of volatility against the possibility of significant rewards, short-term traders may discover opportunities during times of consolidation or declines. A Crucial Moment For DOGE The success of Dogecoin in navigating significant resistance levels and sustaining market interest will determine if it retests its ATH. Investors must be alert despite the euphoria around its development. As DOGE continues to generate headlines and conjecture in the cryptocurrency world, it will be crucial to strike a balance between the excitement of potential new highs and the realities of market swings. Featured image from Kurt Pas from Getty Images, chart from TradingView

Solana (SOL) is trading just 6% below its all-time highs, fueled by a remarkable 16% surge from the $212 demand level. The rally has caught the attention of traders and investors alike, as SOL’s price action showcases a strong uptrend. Top crypto analyst Johnny shared his technical analysis on X, predicting that Solana may retrace to its previous yearly highs before launching a new attempt to break its all-time highs. This forecast comes during a period of euphoria, with SOL delivering a stunning performance by soaring over 55% in less than two weeks. The rapid climb has positioned Solana as one of the market’s standout assets, driven by increasing demand and strong fundamentals. However, Johnny’s outlook suggests a healthy pullback could be on the horizon, potentially offering a key buying opportunity before SOL challenges its historic price levels. With SOL’s recent performance reigniting optimism in the crypto space, all eyes remain on its ability to maintain strength in the face of potential volatility. Will Solana defy expectations and reach new heights, or is a cooldown inevitable? Solana Testing Critical Supply Level Solana is testing a critical supply level just below $250, following a significant surge that has propelled it closer to its all-time high (ATH). This level serves as a key battleground, marking the last stronghold for sellers before SOL enters price discovery—a phase where it could carve out new highs. Crypto analyst Johnny recently shared his perspective on X, highlighting that while Solana’s price action remains robust, a temporary retrace to lower levels may be necessary to gather momentum. According to his technical analysis, SOL could dip into the $220 demand zone, a level he sees as crucial for buyers to step in and refuel the rally. Johnny predicts that Solana could stage a strong recovery from there, targeting an aggressive move above its ATH at $260. Solana’s bullish momentum cannot be ignored despite the possibility of a retrace. The asset’s price action suggests a 6% surge above its ATH is well within reach if market conditions remain favorable. Continued strength in the broader crypto market could amplify buying pressure, helping SOL shatter its ATH and enter uncharted territory. For now, all eyes are on Solana’s ability to navigate this supply zone. A successful breakout could pave the way for new highs, while a retrace to $220 might provide an ideal launching pad for the next leg of its rally. Either way, SOL’s trajectory highlights its growing prominence in the market as traders anticipate its next big move. Price Action Details Solana is trading at $242, holding steady after a few days of consolidation below the $250 mark. This level represents a critical resistance as SOL inches closer to its all-time high (ATH). Despite this pause, the price action remains robust, supported by the broader bullish sentiment across the crypto market. However, SOL’s ability to break above $250 will be a key factor in determining its next move. A successful push beyond this level could set the stage for a retest of its ATH and potentially a rally into price discovery. Conversely, if SOL fails to overcome this resistance, a retrace to lower demand zones becomes likely. In this scenario, the next logical support level to watch would be around $222, where buyers could step in to reignite momentum. Should the retrace extend further, SOL might revisit previous yearly highs at $210, a critical level that proved significant for price action. Featured image from Dall-E, chart from TradingView

Despite market fluctuations, SUI has demonstrated remarkable stability, holding steady above the critical $3.5 support level. This steady performance reflects underlying bullish momentum, as buyers continue to defend this key zone, boosting confidence in the asset’s upward potential. With strong support intact, SUI appears well-positioned to target higher resistance levels, sparking optimism for further gains. This analysis aims to explore SUI’s ability to stay above the $3.5 level and assess its implications for future price movements. By examining key technical indicators and resistance zones, this piece seeks to provide insights into whether SUI can sustain its bullish strength or if market pressures could trigger a shift in its trajectory. What SUI Stability Above $3.5 Means For Bulls SUI is showcasing renewed bullish strength as it maintains a firm position above the critical $3.5 support level. This stability highlights growing buying interest and market confidence, paving the way for a possible move toward the $4 mark. Its ability to hold above this key level and the 4-hour Simple Moving Average (SMA) reinforces the asset’s upward momentum, and positions SUI for further gains if positive sentiment persists. An analysis of the 4-hour Relative Strength Index (RSI) analysis shows a rebound from 51%, rising toward and above the 60% level, indicating a renewed optimistic outlook. If the RSI continues to rise above 60%, it would confirm the positive trend, boosting the potential for more price growth. Additionally, SUI shows significant upward movement on the daily chart, marked by the formation of a bullish candlestick as it moves toward the $4 mark. Trading above the crucial 100-day SMA reinforces the positive trend, indicating sustained strength. As SUI continues to climb, it bolsters market confidence, setting the stage for growth. With upside pressure brewing, the next key target to watch out for is the $4 resistance level, which could determine whether the bullish move extends. The daily chart’s RSI has increased to 80%, signaling strong positive sentiment with sustained buying pressure. While the asset remains in an overbought territory, it shows no signs of weakening. If the momentum continues, further price gains are possible, though one should be cautious, as prolonged overbought conditions could lead to a correction if buying pressure decreases. Potential Scenarios: Upside Targets And Risks To Watch SUI’s current stability above the $3.5 support level indicates potential for continued upside. Should buying pressure persist, the next key target lies at $4, where bullish interest could be triggered, leading to new price highs. However, if resistance at $4 proves challenging to break through, consolidation or a minor decline may occur, possibly causing the price to retreat toward the $3.5 support level. A break below this level could result in additional losses, with the next key support target being around $2.8, followed by other support areas below.

The increasing integration of cryptocurrency into the online gaming sector has given rise to platforms like Willbet.io, a crypto-based online casino that offers players the option to participate in casino games and sports betting using digital currencies including Bitcoin (BTC) and Tether (USDT). As the crypto gaming space continues to evolve, Willbet.io is positioning itself as a platform that combines the elements of traditional online casinos with the benefits of blockchain technology. What is Willbet.io? Willbet.io is an online gaming and betting platform that caters specifically to users who prefer to use cryptocurrencies. Unlike traditional online casinos that operate with fiat currencies, Willbet.io enables players to deposit funds, place bets, and withdraw winnings using popular digital currencies including Bitcoin (BTC) and Tether (USDT). This cryptocurrency focus positions Willbet.io in line with a growing number of platforms that cater to the digital currency market, which has seen increasing demand due to the desire for privacy, fast transactions, and lower fees. The platform offers a range of gaming options, including sports betting, esports betting, online slots, live casino games, and mini-games. Its adoption of cryptocurrencies is intended to streamline financial transactions, provide enhanced privacy, and enable players from around the world to engage in gaming activities without the limitations typically imposed by traditional banking systems. Gaming Options on Willbet.io Sports and Esports Betting Players can bet on a wide variety of sports on Willbet.io, including traditional games like soccer, basketball, and tennis, as well as niche sports like darts, snooker, and volleyball. For esports fans, Willbet.io offers over 27 different esports games, including popular titles such as League of Legends, Dota 2, and Counter-Strike, with more than 300 events available to wager on. The platform’s support for live betting allows users to place bets on events as they unfold in real-time, providing an interactive and dynamic betting experience. This feature is designed to appeal to both casual and seasoned bettors, offering immediate access to odds adjustments based on the ongoing progress of events. Slots: Over 2,700 Options For fans of online slot machines, Willbet.io offers over 2,700 slot games. These range from classic three-reel machines to modern video slots with captivating themes, bonus features, and huge jackpots. However, it is worth noting that, while the sheer volume of games is impressive, the quality and volatility of certain slot games can vary widely. Players should be cautious and mindful of their bets, particularly when engaging with high-volatility slots that carry larger risks of loss. Live Casino Games Willbet.io brings the thrill of a real-life casino directly to players with its extensive collection of live dealer games. With over 340 live casino tables, players can experience classic games like Blackjack, Roulette, Baccarat, and Gonzo’s Quest, streamed in real-time with professional dealers. The live casino section also includes interactive features, such as chat functions, allowing players to communicate with dealers and fellow players, adding a social element to the experience. Mini Games For players looking for something quick and casual, Willbet.io features more than 50 mini-games. These are short, casual games designed for players who want to earn rewards without committing to longer gaming sessions. While these mini-games are easy to play and accessible, they may not offer the same level of engagement or potential payouts as more traditional casino games. Bonuses and Promotions Willbet.io rewards its users with an exciting range of bonuses and promotions. The platform’s generous bonus system is designed to attract new players while keeping existing ones engaged. Here’s an overview of the key bonuses available to Willbet.io users: Welcome Bonuses New players are greeted with a three-tier welcome bonus that significantly boosts their initial deposits: – First Deposit: 100% bonus (20x wagering) – Second Deposit: 200% bonus (25x wagering) – Third Deposit: 100% bonus (20x wagering) These bonuses are designed to encourage players to explore the platform and try out various games. However, players must meet the specified wagering requirements before they can withdraw any bonus funds. Other Promotions – Seven-Day Welcome Bonus: Earn rewards for completing tasks, making continuous deposits, and losing bets. – Piggy Bank: Log in daily to earn free cash that can be redeemed for rewards. – Super Spin: Spin the wheel for a chance to win USDT rewards and an iPhone 15 Pro Max. – Referral Program: Refer friends to Willbet.io and earn up to $5 for every successful referral. – VIP Bonuses: The higher your VIP level, the greater your bonuses. Frequent players can enjoy enhanced rewards and exclusive offers. Willbet.io also offers a “community bonus” for users who join their platform’s social circles, further enhancing the sense of community and engagement. User Safety and Security Security is a major priority at Willbet.io. The platform employs multiple layers of security to protect user data and ensure that all transactions are safe and secure. Here are some of the key security measures in place: Compliance with AML and KYC Regulations Willbet.io takes its regulatory responsibilities seriously. The platform adheres to anti-money laundering (AML) and Know Your Customer (KYC) regulations, ensuring that only legitimate users are able to participate in betting activities. To verify identity, users must submit personal information and documentation, including a government-issued ID, proof of address, and a verification selfie. In cases of suspicious activity or high-risk transactions, Willbet.io implements enhanced due diligence (EDD), which includes additional document verification and analysis of the source of funds. Real-Time Monitoring The platform employs real-time transaction monitoring using advanced blockchain forensics to detect unusual behavior and prevent fraudulent activities. By leveraging the transparency of blockchain technology, Willbet.io can ensure that all transactions are legitimate and traceable. Account Security Each user is assigned a unique ID and password, and the platform provides strong protections against unauthorized access. Willbet.io also encourages players to change their passwords regularly and offers multi-factor authentication to further safeguard accounts. Responsible gaming Willbet.io is committed to promoting responsible gaming and offers a range of tools to help users manage their gaming behavior. These include: – Deposit Limits: Set daily, weekly, or monthly deposit limits to control spending. – Self-Exclusion: Temporarily or permanently exclude yourself from the platform if gaming becomes a problem. – Time-Outs: Take a break from the platform to regain control over your gaming habits. Willbet.io also regularly monitors user accounts for signs of problem gaming and provides resources for those seeking help. Global Reach and Multi-Currency Support Willbet.io supports a variety of cryptocurrencies, including Bitcoin (BTC) and Tether (USDT), and offers fiat support for Brazilian Real (BRL) and Japanese Yen (JPY). This multi-currency approach ensures that players from all over the world can easily access the platform and enjoy seamless transactions. Fast Transactions The platform supports fast and secure transactions, allowing users to deposit and withdraw funds with ease. Withdrawal requests are typically processed within 2 hours, ensuring that players can quickly access their winnings. Conclusion Willbet.io is revolutionizing the online casino industry by combining the excitement of traditional gaming with the modern advantages of cryptocurrency. With a vast array of games, generous bonuses, top-tier security features, and a strong commitment to responsible gaming, Willbet.io is well-positioned to become a leading platform in the crypto casino space. For those looking for a secure, innovative, and enjoyable online gaming experience, Willbet.io offers everything a player could want and more. Whether you’re a crypto enthusiast or a seasoned online gambler, Willbet.io is the place to be. Visit https://www.willbet.io/ for more 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.

After tokens like OM, SUI, and DOGE have doubled in value, the crypto market is buzzing with anticipation for the next big opportunity. A new memecoin is emerging, promising even greater returns. Could it surpass the successes seen so far? Introducing XYZVerse (XYZ), the first memecoin uniting fans of football, basketball, MMA, and more within a vibrant ecosystem. Targeting exponential growth, it blends meme culture with sports passion to create a unique, community-driven platform. The All-Sports Meme Token You Can’t Afford to Bench! XYZ is your exclusive VIP pass to a sports-driven, meme-fueled revolution. Think of it as the MVP of the XYZVerse ecosystem, where degens can score big off the growing demand for prediction markets Picture this: Polymarket hitting $1 billion in trading volume during the US presidential election – now throw in the hype of meme coins and the thrill of sports betting. With millions of sports fans ready to hit the field and cash in the XYZVerse ecosystem is set to keep expanding – and your rewards will slam dunk through the roof! XYZ presale is your first-quarter chance to get in before the mind-blowing explosion! In 2024, meme coins are the undisputed champions of the crypto world, and XYZ is set to crush the competition. With potential thousand-fold returns that will blow past the finish line, the presale plan draws a hefty 99,900% growth by the TGE. Forget about BOME’s 5,000% rise or WIF’s 1,000% rally – XYZ is here to outscore them all! With upcoming listings on major CEX and DEX platforms, rock-solid defense in the form of audited smart contracts, and a fully vetted team, XYZ is already ahead of the game. The first-mover advantage is key here – get in before the crowd storms the field, and you’ll be sitting on way bigger returns! Don’t be left on the bench – grab your XYZ tokens now and be part of the next massive crypto championship! MANTRA (OM) Over the past week, MANTRA (OM) has soared by nearly 195%. This surge extends a trend seen over the past month and six months, with price increases of about 178% and 478% respectively. Currently trading between $2.24 and $5.29, the coin shows significant volatility and potential. Technical indicators point to potential growth. The 10-day Simple Moving Average is $4.22, above the 100-day SMA of $2.71, suggesting bullish momentum. The Relative Strength Index is at 61.61, indicating the asset isn’t yet overbought. The Stochastic oscillator at 57.53 also supports possible upward movement. MANTRA faces a resistance level at $6.35. Breaking through this could lead to the next resistance at $9.41, a potential 75% gain. On the downside, the nearest support level is at $0.25, which would signify a significant drop. Monitoring these key levels may be crucial for anticipating MANTRA’s future price action. Sui (SUI) Sui (SUI) has seen significant price movements recently. Over the past week, its price increased by 23.50%. In the last month, it surged by 76.23%, and over six months, it skyrocketed by 227.98%. Currently, SUI trades between $3.09 and $4.21. The coin is nearing resistance at $4.63. If it breaks above this level, the next resistance is at $5.75. On the downside, the nearest support is $2.40, followed by $1.28. These levels indicate where SUI might face buying or selling pressure. Breaking resistance could signal further growth, while falling below support might lead to declines. Technical indicators show mixed signals. The 10-day Simple Moving Average is $3.72, slightly above the 100-day SMA of $3.62. The Relative Strength Index is 49.59, suggesting SUI is neither overbought nor oversold. The Stochastic oscillator is 46.89, reinforcing a neutral stance. The MACD level is -0.0137, indicating slight bearish momentum. Based on these indicators, SUI’s price might consolidate or move moderately in either direction. Dogecoin (DOGE) Dogecoin has seen significant price movement recently. In the past 1 week, its price increased by 33.98%. Over the last month, it surged by 170.98%. In the past 6 months, it has risen by 118.53%. These figures show that Dogecoin is gaining momentum in the crypto market. Based on this data, there is potential for the price to continue rising. The current price range is between $0.28 and $0.45. The Simple Moving Averages over 10 and 100 days are both at $0.37, indicating stability. The Relative Strength Index is at 53.92, suggesting the coin is neither overbought nor oversold. The MACD level at 0.0012 shows a positive trend. Looking ahead, the nearest resistance level is at $0.53. If Dogecoin breaks through this, it could move toward the second resistance level at $0.69, which would be an increase of about 53% from the current price. On the downside, the nearest support level is at $0.19. If the price falls below this, it might drop to the second support level at $0.0264, a significant decrease. Traders should watch these levels closely as they could indicate future price movements. Conclusion OM, SUI, and DOGE have delivered impressive gains, but XYZVerse (XYZ) aims higher—uniting sports fans and targeting 20,000% growth with its unique sports-meme ecosystem. You can find more information about XYZVersus (XYZ) here: Site, Telegram, X 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.

GPU DePIN io.net has made the announcement that it has formed a partnership with Zero1 Labs, a platform for decentralized artificial intelligence, in order to further the development of decentralized AI (DeAI). As part of the deal, Zero1 Labs will make use of the GPU compute network provided by io.net in order to expedite the training of artificial intelligence agents for Keymaker, the company’s open marketplace. The Zero1 ecosystem is the first Proof-of-Stake-based DeAI ecosystem that is aimed to serve both developers and consumers via apps and tools that are optimized for artificial intelligence performance. The Cypher FHE-EVM Layer, which enables secure and privacy-preserving artificial intelligence computing, lies at the heart of it. Through its partnership with io.net, Zero1 will have the ability to get access to GPU computing that is both demand-based and cost-effective. This will make it simpler for developers to use Zero1’s tools in order to build and deploy decentralized artificial intelligence applications. Keymaker, which is Zero1’s multimodal AI marketplace, creates an open platform for developers of decentralized artificial intelligence (DeAI). It comes with over one hundred different DeAI tools that are meant to simplify the process of developing, accessing, and discovering DeAI applications. It is especially well-liked among developers who are focused on developing very efficient onchain artificial intelligence agents. AI agents have a special utility in web3, where they may be trained to improve trading opportunities. These agents operate as autonomous systems that make use of artificial intelligence to carry out activities without the participation of humans. Additionally, with the assistance of io.net’s GPU computing, developers that are interested in launching artificial intelligence agents across the multichain landscape will have the ability to use expanded Zero1 tools for training and optimization. In accordance with the conditions of the collaboration, io.net will work in a variety of different areas, in addition to providing Zero1 Labs with its decentralized GPU clusters via IO Cloud. The two organizations will collaborate on a number of cooperative projects, including the following: Developer Community: Zero1 Labs and io.net are dedicated to promoting creativity in the artificial intelligence (AI) space by building a developer community via a variety of community activities such as hackathons and bounty programs. The DeAI community will be further enriched as a result of these events, which will give opportunities for developers to collaboratively work together and display their expertise. Strategic Partner Ties: Zero1 Labs and io.net will participate in a strategic exchange of partner resources. This will make it possible for projects that are being developed inside Zero1’s DeAI ecosystem to have access to high-performance resources and sophisticated AI knowledge from io.net. Since Zero1 has formed a cooperation with io.net, the company will be able to increase its portion of the DeAI developer market while simultaneously reducing the expenses of its hardware and infrastructure. Through this method, it will provide builders with the ability to deploy AI agents that enable new onchain use cases, which will in turn drive innovation within the decentralized artificial intelligence field.

Asgard Upgrade, which will be the first significant technological update to the mainnet of the Layer-1 relational blockchain, will take place on December 3rd, according to Chromia, which has officially announced the date of the upgrade. Chromia Extensions are modular enhancements that are introduced with this upgrade. These extensions enable developers to add new features on top of the core platform, hence extending functionality while maintaining the strengths of the current infrastructure. Extensions make it possible for developers to introduce specific functionality onto the platform while preserving its distinctive relational architecture, modular framework, and gas-free user experience. Chromia is a Layer-1 relational blockchain platform that employs a modular framework to empower users and developers with specialized decentralized application (dapp) chains, fee structures that may be customized, and improved digital assets. Chromia delivers natively queryable data that is indexed in real time. This presents a challenge to the existing quo in order to bring innovations that will improve the end-user experience and support new Web3 business models. Chromia does this by fundamentally altering how information is structured on the blockchain. Alex Mizrahi, co-founder, commented on the impact of Extensions, stating: First on the agenda is the Oracle Extension, which is anticipated to be released at the beginning of December. Real-time off-chain data integration will be made possible straight into apps that are created on the platform, which was developed in collaboration with Stork, a renowned decentralized data provider. It is anticipated that this innovation, in conjunction with recent advancements to Chromia’s asset bridge and the integration of native CHR with exchanges, would promote more economic activity and value growth throughout the network. With the help of the network’s processing capacity, the AI Inference Extension, which is expected to be released in the first quarter of 2025, will provide support for on-chain AI model applications. This Extension is designed to expand the platform’s function as a transparent data layer for decentralized artificial intelligence initiatives. These projects include those that are backed by the Chromia Data and AI Ecosystem Fund, which was established earlier this year. Yeou Jie, Chromia’s Head of Business Development stated: On December 3rd, the Asgard Upgrade will go live, and soon after that, the Oracle Extension will be made available to the public. The whole development roadmap for Extensions is available for viewing on the official website of Chromia.

DOGE shot over 150x in just five months during the latest crypto bull run from modest origins as a meme coin. Mostly driven by sponsorships from well-known people like Elon Musk, a $1,000 investment in the token increased to an amazing $184,000. Now, the focus is on a new under-$0.10 coin that might copy this amazing price explosion as the crypto market gets ready for another bull cycle.DOGE’s huge increases highlighted how low-cost cryptocurrencies may create life-changing rewards, particularly in a bullish environment. Those who missed DOGE’s amazing surge have hope as another under-$0.10 token shows the potential of either duplicating or even surpassing DOGE’s performance this cycle. Rexas Finance (RXS): The Under-$0.10 Token Poised for a 200x Surge Rexas Finance (RXS) is one coin that both experts and investors have taken an eye toward. Priced less than $0.10, RXS has positioned itself as a transforming agent in the crypto scene allowing consumers to tokenize almost any real-world asset. From real estate and art to commodities and intellectual property, Rexas Finance lets anybody, anywhere buy, sell, or fractionalize ownership of assets with unheard-of simplicity. Rexas Finance is a breakthrough platform spanning blockchain technology with the real world, not only another coin. Rising as a major trend in the crypto market, analysts estimate that the tokenization of real-world assets (RWA) would generate a multi-trillion-dollar industry in the following years. Rexas Finance enables consumers to tokenize anything from the convenience of their homes, therefore releasing countless opportunities for ownership and investment. Furthermore appealing is Rexas Finance’s completion of a thorough examination by top blockchain security company Certik. This mark of approval raises investor confidence and helps RXS to establish itself as a reliable project in the fast-expanding RWA market. The presale of Rexas Finance has been outstanding, always surpassing expectations. Recently finishing its fifth presale stage quicker than expected, the project brought in almost $8.6 million. Interest in RXS is still skyrocketing as the sixth stage is now underway at $0.08 per token starts. Attracting over 224,000 people, its continuous $1 million offer has enhanced its popularity even further. With 20 winners getting $50,000 worth of RXS apiece, investors holding just $100 worth of RXS can enter the competition by performing easy tasks and promoting others. Rexas Finance (RXS) Potential Cycle: Repeating Last Bull Rally of Dogecoin Rexas Finance is similar to DOGE not just for its inexpensive cost but also for its explosive power. During this bull cycle, experts estimate RXS might generate a 200x price explosion, transforming a meager $1,000 investment into a shockingly $200,000. RXS is among the most interesting prospects available in the present market since its projection exceeds the 150x rise of DOGE in 2021. The creative use case of the token, together with its cost and growing community, set the ideal environment for explosive expansion. RXS is positioned especially to profit from the trend as both institutional and retail investors swarm RWA projects. Rexas Finance has a strong basic use unlike Dogecoin, which mostly depends on social media buzz. Its platform makes asset tokenization available to everyone, so addressing practical difficulties. This tangible value proposition guarantees that RXS is a project with actual use and long-term viability rather than only a speculative asset. Furthermore, the strategic presale structure of Rexas Finance lays a strong basis for development and pricing stability. Demand for RXS coins is getting feverish as each presale sale goes out faster than expected. The stage is set for a notable price surge as the coin is ready for its public release and next listings on main platforms like CoinMarketCap and CoinGecko. Final Thoughts The historical 150x surge of Dogecoin demonstrated how low-cost cryptocurrencies can provide remarkable returns even in a short period. Rexas Finance (RXS) presents a convincing substitute for investors looking for the next great prospect as the crypto industry gets ready for yet another bull run. Strong presale performance, creative asset tokenization technique, and expert-backed projections position RXS ready to either match or exceed DOGE’s success. 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.

Cryptocurrency enthusiasts are buzzing about the next big opportunity. As the market shows signs of heating up, attention is turning to a select group of altcoins. These digital assets are poised for massive growth, with some experts predicting gains of up to 10,000%. Discover which five altcoins could lead the charge in the upcoming market surge. CYBRO: Your Multichain Gateway to Unmatched Crypto Gains! Welcome to the world, where CYBRO is redefining the rules of crypto investing and putting GIGA PROFITS within your reach. As a multichain platform designed to enhance yield opportunities across multiple blockchains, CYBRO maximizes your crypto earnings like never before. Whether you’re farming yield, stacking ETH, or just HODLing for those epic returns, this is the token for those who know how to win. CYBRO’s Presale is Hot and Approaching $4 Million! CYBRO’s presale is skyrocketing and inching toward the $4 million mark — and there’s a reason for that. At just $0.04, you’re getting in at a massive discount before the token hits the market at $0.06. Over 11,000 holders have already joined the alpha squad, and they’re stacking rewards like never before! Why CYBRO? Because Winning is the Only Option. Here’s why the community is rallying around CYBRO: Here’s why the community is rallying around CYBRO: Yield Farming: Top-tier user interface with multiple strategies to farm APY and Points Multichain capabilities: flexibility and access to diverse yield opportunities Effortless Deposits and Withdrawals: Easy in, easy out, so you’re always in control of your funds. AI-Powered: Create AI-tailored portfolios, built for your preferences and optimal performance. Early Investors Win Big Don’t wait until prices soar! By investing now, you’ll not only benefit from immediate growth potential but also unlock weekly ETH rewards and participate in community-driven airdrops. Early adopters are already seeing gains, and you can too! Join CYBRO today and secure your place in this fast-growing ecosystem. The future belongs to those who act now—don’t miss your chance before prices skyrocket! Get in Early, Reap the Rewards with CYBRO! Solana’s Price Surge Continues as SOL Eyes Key Resistance Levels Solana (SOL) is on a steady climb. In the past week, its price increased by 15.11%. Over the past month, it rose by 56.10%. The current price is moving between $211.69 and $252.67. The next resistance level is at $267.85. If SOL breaks this point, it might reach the second resistance at $308.83. This would be a significant percentage increase from the current price. Technical indicators like the RSI at 63.01 show positive momentum. The 10-day simple moving average is higher than the 100-day average, suggesting an upward trend. Toncoin Approaches Key Resistance Level Amid Upward Trend Toncoin’s price has been climbing recently, ranging between $5.03 and $5.78. In the past week, it gained 4.30%, and over the past month, it’s up 4.84%. The current price is above the 10-day and 100-day simple moving averages, which are around $5.44 and $5.48. The relative strength index is neutral at 53.27, while the stochastic oscillator is high at 91.89, indicating overbought conditions. Toncoin is approaching its resistance level at $6.18. If the price moves above this level, the next resistance is at $6.92. If it doesn’t, the price may move back towards the support level at $4.68. Sui (SUI) Climbs 76% in a Month, Eyes Next Resistance at $4.63 Sui (SUI) has surged 76.06% over the past month, currently trading between $3.09 and $4.21. The coin is approaching its nearest resistance level at $4.63. Both the 10-day and 100-day simple moving averages are above $3.50, signaling a positive trend. With a 1-week price increase of 23.38% and a substantial 6-month gain of 227.65%, SUI shows strong momentum. The Relative Strength Index stands at 46.71, indicating neutral market conditions. If SUI breaks through the $4.63 resistance, it could target the next level at $5.75, which would be an approximate 36% increase from current prices. However, if it fails to break resistance, support is observed at $2.40. Aptos (APT) Gains Momentum with Potential Breakout Above $15 Aptos (APT) is trading between $10 and $13. It has gained nearly 10% in the past week and over 19% in the past month. The 10-day and 100-day simple moving averages are both around $12, showing steady momentum. The RSI is close to 47, which is neutral. The nearest resistance is at $15.71; breaking above this could see Aptos reach the next resistance at $19.27, a potential increase of more than 40%. However, if the price drops below the support at $8.59, it might fall to the next support at $5.03. Conclusion SOL, TON, SUI, and APT may have limited short-term potential. In contrast, CYBRO offers investors exceptional opportunities to boost their earnings. By leveraging AI-powered yield aggregation on the Blast blockchain, CYBRO provides features like attractive staking rewards, exclusive airdrops, and cashback on purchases. The platform ensures a superior user experience with seamless deposits and withdrawals. With a strong emphasis on transparency, compliance, and quality, CYBRO stands out as a promising project attracting significant interest from crypto whales and influencers. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io 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.

As the crypto market experiences a surge of enthusiasm, leading meme-based cryptocurrencies are making bold moves. One renowned token aims for unprecedented price levels, another unveils ambitious plans, and an emerging contender sets the stage for a remarkable ascent. Amid this momentum, XYZVerse seeks to transform its minuscule starting value into substantial growth, uniting sports fans in a unique meme-sports ecosystem poised to outperform others with massive gains. Score Big with XYZ: The New Meme Coin Heavyweight The fans are losing it! The XYZ token is in the crypto ring, landing blows on the competition – bullshit coins, worthless farming schemes, and scam projects. Like a true champ, this first-ever all-sports meme token has fought its way through the bear market with fearless momentum and shows no signs of slowing down. With eyes set on a roaring thousand-fold growth, XYZ is destined to leave the 2024 meme coin triumphants like BOME and WIF trailing in its wake. Own the field, earn while the crowd plays XYZ is more than just a benchwarmer in the meme coin game; it’s creating the ultimate playing field with XYZVerse, where the thrill of sports meets the energy of meme culture. With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of gamblers ready to join the action. Remember Polymarket’s massive $1 billion trading volume during the US election betting fever? XYZ is gearing up for an even bigger win in the GameFi arena, letting its stakeholders cash in on the perfect combo of meme coin vibes, sports hype, and crypto mass adoption. Missed meme coin supercycle? By capitalizing on the ever-expanding gambling niche, XYZ is set to become the G.O.A.T of meme coins. BOME’s 5,000% takeoff and WIF’s 1,000% year-to-date rally are now relics of the past because XYZ is set to explode by over 9,900% after the TGE and outshine its sensational predecessors. Get in the game early to secure your spot – currently undervalued, XYZ is going the distance to break new records! Rallying the community, securing the win XYZVerse will be the MVP in this bull run, giving the community the control to call the plays and steer the ecosystem’s direction. Active contributors will receive airdropped XYZ tokens as a reward for their dedication. With rock-solid tokenomics and plans for both CEX/DEX listings, XYZ is positioned for a championship run, ensuring a steady revenue flow and consistent token burns to keep the scoreboard in favor of a strong price and a thriving community. The XYZ presale is live – don’t miss out on this knockout 99,900% opportunity! Shiba Inu (SHIB) Shiba Inu (SHIB) has experienced significant price movement recently. Over the past month, the coin’s value surged by 33.42%, indicating a strong upward momentum. However, in the last week, SHIB saw a slight decline of 3.95%. Comparing this to six months ago, the price has marginally decreased by 3.91%, showing relative stability over a longer period. Currently, SHIB is trading between $0.00002143 and $0.00002928. The 10-day simple moving average is $0.00002498, slightly above the 100-day SMA of $0.00002463. This suggests a short-term bullish trend. The Relative Strength Index (RSI) stands at 52.38, which is close to the neutral mark of 50, indicating that the coin is neither overbought nor oversold. The stochastic oscillator is at 50.77, supporting the RSI’s neutral stance. Looking ahead, the nearest resistance level is at $0.53. If Dogecoin breaks through this, it could move toward the second resistance level at $0.69, which would be an increase of about 53% from the current price. On the downside, the nearest support level is at $0.19. If the price falls below this, it might drop to the second support level at $0.0264, a significant decrease. Traders should watch these levels closely as they could indicate future price movements. Dogecoin (DOGE) Dogecoin has seen significant price movement recently. In the past 1 week, its price increased by 33.98%. Over the last month, it surged by 170.98%. In the past 6 months, it has risen by 118.53%. These figures show that Dogecoin is gaining momentum in the crypto market. Based on this data, there is potential for the price to continue rising. The current price range is between $0.28 and $0.45. The Simple Moving Averages over 10 and 100 days are both at $0.37, indicating stability. The Relative Strength Index is at 53.92, suggesting the coin is neither overbought nor oversold. The MACD level at 0.0012 shows a positive trend. Looking ahead, the nearest resistance level is at $0.53. If Dogecoin breaks through this, it could move toward the second resistance level at $0.69, which would be an increase of about 53% from the current price. On the downside, the nearest support level is at $0.19. If the price falls below this, it might drop to the second support level at $0.0264, a significant decrease. Traders should watch these levels closely as they could indicate future price movements. Conclusion SHIB and DOGE show promise in the bull run, but XYZVerse, the first all-sport memecoin, aims for a 20,000% surge by uniting sports fans in its community-driven ecosystem. You can find more information about XYZVersus (XYZ) here: Site, Telegram, X 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 top 3 cryptocurrencies that recorded the maximum gains are XTZ, HBAR, and THETA. The global crypto market Fear & Greed Index stands at 83, indicating extreme greed. The global cryptocurrency market is maintaining a subtle uptick. Over the past 24 hours, the total market capitalization climbed 0.89% to reach $3.08 trillion. Trading volume also surged by 22.12%, hitting $188.71 billion. This growth has been supported by positive sentiment, as reflected in the Fear & Greed Index, which now sits at 83, signaling “Extreme Greed” among investors and traders. Amid this optimistic landscape, several altcoins are making waves with maximum gains. Tezos (XTZ), Hedera (HBAR), and Theta Network (THETA) taking center stage with impressive price rallies and exciting developments. Tezos (XTZ) The altcoin has recently outperformed Hedera, gaining significant attention for its self-upgradable proof-of-stake blockchain. In the last 24 hours, Tezos surged by 60.38%, climbing from a low of $0.8353 to an intraday high of $1.34. At the time of writing, XTZ is trading at $1.12, with a market cap of $1.13 billion. Additionally, the daily trading volume skyrocketed to a jaw-dropping 1485% to $920 million, fueling the current spike. Tezos (XTZ) Price Chart (Source: TradingView) This surge marks the seventh consecutive day of gains for Tezos, with its weekly chart forming bullish candlesticks. Technical indicators like the RSI and MACD confirm this upward trend, suggesting a breakout could be on the horizon. Analysts predict that if the momentum continues, Tezos might target $3 in the coming weeks. With these bullish signals, Tezos is expected to break key resistance levels and potentially climb toward $3 in the coming weeks. Hedera (HBAR) Hedera has also been enjoying an incredible bull run, with its price spiking 161% over the past week to reach $0.1566. In the last 24 hours alone, HBAR surged by 41.72%, climbing from an intraday low of $0.1105. This surge pushed its market cap to $5.50 billion. Hedera (HBAR) Price Chart (Source: TradingView) The rally has been fueled by speculation about a potential partnership with SpaceX to enable satellite-based payments. While not yet confirmed, this rumored collaboration has generated significant buzz in the market. Adding to the momentum is the possibility of a former Hedera board member and Binance US CEO being considered for the SEC chair position, which could further solidify Hedera’s credibility and appeal. Theta Network (THETA) Theta Network is making a strong comeback with a bullish revival, gaining 16% over the past 24 hours. The token climbed from a low of $1.59 to an intraday peak of $1.83 and is currently trading at $1.80, holding a market cap of $1.80 billion. Additionally, the daily trading volume for THETA has spiked by an impressive 243%, reaching $203 million. Theta Network (THETA) Price Chart (Source: TradingView) After consolidating in a range between $1 and $1.55, THETA has broken out decisively, signaling the start of a potential bullish cycle. Strengthening RSI momentum backs this move, with key resistance at $2 and a long-term target of $3.5, last seen in March 2024.

Hedera is trading at $0.1429, up by over 28%. HBAR’s daily trading volume has increased by over 126%. The crypto market’s November phase was on the upside, as analysts predicted. The surge in cryptocurrency prices fueled the bullish sentiment in the market, with the global market cap settled at $3.08 trillion. Notably, the largest asset, Bitcoin (BTC), trades at $92.3K, while the largest altcoin, Ethereum (ETH) stays at $3.1K. As the altcoin season is looming, all the major assets are soaring to new highs. Among them, the Hedera (HBAR) has shifted gears by gaining over 28.75% in the last 24 hours. The potential rally followed by Hedera board member, Brian Brooks is nominated for the next U.S. SEC Chair position by Donald Trump. Moreover, Hedera’s partnership with SpaceX and the recent filing by Canary Capital for an HBAR ETF with the SEC ignited the price surge. As the asset undergoes bullish pressure, it is poised to trade on the upside for the day. At press time, HBAR trades at $0.1429. In the early hours, the asset traded at its lowest price of $0.1103 and climbed to a peak of $0.1566. Notably, the market has observed a liquidation of $9.57 million worth of Hedera and the daily trading volume of HBAR stays at $3.45 billion. Can HBAR Sustain Its Current Upsurge? While zooming in on Hedera’s four-hour technical indicators, it exhibits the asset’s current positive outlook. The Moving Average Convergence Divergence (MACD) line is settled above the signal line, triggering the incoming bull run. HBAR chart (Source: TradingView) Besides, the Chaikin Money Flow (CMF) indicator is found at 0.01, hinting at the prospect of a positive money flow. At the same time, the daily trading volume of HBAR has increased by over 126%. HBAR’s four-hour price chart displays the probability of gaining further. If HBAR continues its upside momentum, it may initially test the resistance at $0.1582. Further gains would extend the rally. On the contrary, if the bullish pressure arrives at the scenario, HBAR could slip below $0.1348. Extended losses might lead the asset to a deep correction phase, and decline even lower. Moreover, the current market sentiment is in the over-bought territory with the daily relative strength index (RSI) hovering around 71.96. The asset’s daily frame discloses the short-term 9-day moving average over the long-term 21-day moving average. Highlighted Crypto News Genius Group Strengthens Reserves with $10M Strategic Bitcoin Acquisition

A new cryptocurrency priced at just four cents is turning heads among analysts. They predict this low-cost token could surpass giants like AVAX and Cardano next year. The buzz is building around what could be the next big thing in crypto. Investors are keen to learn more about this potential game-changer. CYBRO Presale Soars Past $4 Million: A One-in-a-Million NeoBank Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $4 million. This cutting-edge NeoBank offers investors unparalleled opportunities to enhance crypto earnings across multiple blockchains. Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.04 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In addition to tokens, CYBRO introduces special Points, offering even more opportunities for investors. Holders of these Points will automatically participate in the CYBRO Airdrop, where the more Points you hold, the more tokens you will receive. CYBRO distributes up to 1 million Points weekly, which can be earned by investing in DeFi Vaults in the CYBRO app. Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform. With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million. Join CYBRO and aim for future returns up to 1200% AVAX: Discovering Avalanche’s Scalable, Eco-Friendly Blockchain AVAX is the native token of Avalanche, a Layer-1 blockchain that is eco-friendly and known for low fees. Avalanche processes up to 4,500 transactions per second and aims for transaction finality in under two seconds. It uses a hybrid consensus mechanism that combines classical and Nakamoto principles. The platform features three interoperable chains—X-Chain, C-Chain, and P-Chain—which handle transactions and smart contracts. Users can launch customizable Subnets on Avalanche. AVAX is central to the ecosystem, used for transaction fees, staking for network security, and operating multiple Subnets. It has strong utility in payments, staking, and enabling the creation of custom tokens and blockchains. Cardano (ADA): A Scalable and Sustainable Platform for Decentralized Applications Cardano is a blockchain platform designed for smart contracts, enabling the development of decentralized finance apps, crypto tokens, and games. Its native cryptocurrency, ADA, allows users to store value, make payments, and stake on the Cardano network. Cardano uses the Ouroboros proof-of-stake mechanism, which is more energy-efficient compared to traditional proof-of-work models. The blockchain is divided into two layers: the Cardano Settlement Layer for transactions and the Cardano Computing Layer for smart contract computations. This design enhances its transaction processing capability, potentially up to a million transactions per second. Cardano native tokens offer secure, low-fee interactions with smart contracts, enhancing blockchain efficiency and scalability. Conclusion In conclusion, while established tokens like AVAX and ADA have made significant strides, they may present less short-term potential compared to emerging projects. CYBRO emerges as an advanced DeFi platform that offers investors exceptional opportunities to enhance their earnings through AI-powered yield aggregation on the Blast blockchain. With features such as attractive staking rewards, exclusive airdrops, and cashback on purchases, CYBRO delivers a superior user experience with seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO distinguishes itself as a promising project attracting strong interest from crypto whales and influencers. As the 2024 bull run unfolds, CYBRO’s innovative approach positions it as a noteworthy option for investors seeking substantial returns. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io 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 Kevin (@Kev_Capital_TA) is projecting a significant surge for the Dogecoin price, anticipating it to reach between $1 and $2 by the end of December or early January. This bullish forecast comes amid skepticism about the current breakout patterns observed in the memecoin. One Last Dip For Dogecoin Price Before $1? Over the past week, from November 12 to 19, Dogecoin formed a falling wedge—a pattern often considered bullish—on the lower timeframes. On November 19, the crypto asset broke out of this formation, prompting some optimism among traders. However, Kevin remains unconvinced about the strength of this move. “This weird little breakout on Dogecoin of this suspect bull flag looks very weak to me,” he stated via X. “Tracking the money flow on smaller time frames and smart investors are not convinced either. If money flow remains stagnant, then my base case of further correction/consolidation becomes more likely. Which, by the way, is more bullish if we just head straight up from here.” When asked by an X user whether Dogecoin would surpass $0.40 by mid-December, Kevin responded confidently: “I think we’re at $1-$2 by end of December beginning of January.” Despite his bullish long-term outlook, Kevin still expects continued short-term correction for the Dogecoin price. He cautioned that “a lot of people will be wiped out if this occurs.” He elaborated on his price targets: “My first price target and a level we will want to hold for Dogecoin is the $0.30-$0.26 cent range, which is the golden pocket retrace levels. That’s a 30-40% correction from the local top, which in a bull market is a perfect size correction.” Over the long-term, Kevin foresees much higher price levels. In an analysis leveraging the Pi Cycle Tops Indicator—a tool traditionally applied to Bitcoin—crypto analyst Kevin recently shed light on Dogecoin’s long-term potential market trajectory. The indicator, crucial for pinpointing cycle highs and lows, relies on the crossing of two specific moving averages to signal significant market shifts. The shorter-term moving average (MA) which typically considers the last 111 days of price data. The longer-term MA which averages the last 350 days but multiplies it by two. The indicator’s principle is based on the theory that when these two MAs cross, a potential peak in the market price is imminent, suggesting a sell-off point before a downturn. It’s historically been used in Bitcoin analysis but, as Kevin demonstrates, it can also apply effectively to Dogecoin. Kevin’s chart covers several years of the Dogecoin price action, clearly marking past cycle highs and lows where the Pi Cycle Indicator has been accurate. Past cycle highs are circled in the chart during January 2018 and May 2021, which coincide with the crossover of the two MAs and corresponding peaks in price. The current price movement shows a significant upward trajectory, and while the two MAs are converging, they have yet to cross. The chart plots a 1.618 Fibonacci extension level at around $4.00. Kevin writes: “One of my secret indicators for Dogecoin that is traditionally only supposed to work for #BTC is the Pi Cycle tops indicator. It has accurately called every DOGE cycle top and bottom over each of its cycles. When the two moving averages cross along with Monthly RSI being at a certain level that’s when I plan on taking significant portions out of the market. As you can see while the moving averages are now heading in the same direction to eventually cross we’re still not very close to crossing indicating we have a lot higher to go first.” At press time, DOGE traded at $0.38.

According to the report, cryptocurrency would be considered property for tax reasons. Trading profits will be taxed at the same rates as those for securities transactions. Using the country’s Finance Ministry as a source, Russian news agency Interfax reported on Monday that the Russian government has authorized draft modifications to a law regarding the taxation of cryptocurrency transactions and mining. According to the report, cryptocurrency would be considered property for tax reasons under the proposed law. Therefore, the tax rate on mining profits will be the same as the rate on other forms of income. At the market value at the moment of receipt. Nevertheless, mining-related costs may be claimed as a tax deduction by miners. Finding a Middle Ground Trading profits will be taxed at the same rates as those for securities transactions. Up to a maximum of 15% for individuals, but value-added tax will not apply to cryptocurrency transactions. The purpose of the changes is to make sure everyone is on the same page. By making mining operators publish details about who is utilizing their infrastructure. The decision to tax mining profits is an attempt to find a middle ground between industry and government interests, according to Russia’s Finance Ministry. Interfax reports that the country’s first cryptocurrency tax law was submitted in December 2020. And passed its first reading in 2021. Last month, the Russian government’s tax agency suggested taxing the profits that miners do not yet have. The Russian government has imposed a cap on the amount of electricity that unregistered persons may use to mine bitcoin, stating that the monthly usage cannot exceed 6,000 kilowatt-hours. Highlighted Crypto News Today: Floki Inu Targets Indian Web3 Scene with Valhalla Campaign

Musk’s retweet surges Dogecoin price and it’s historical. With D.O.G.E. launched under Trump’s administration. Dogecoin is gaining political support, paving the way for a rally. Dogecoin price surged after a tweet from Elon Musk. Elon Musk’s Influence on Dogecoin Price Surge While Musk’s tweets on Dogecoin have historically created price pumps, this latest surge seems different. Dogecoin is increasingly being defined in political terms, with Musk and political figure Vivek Ramaswamy leading a new initiative called D.O.G.E. This initiative, under the future Trump administration, is positioning Dogecoin as more than just a meme token. It’s becoming part of a broader political and financial narrative. The fact that such prominent figures are backing Dogecoin adds a new layer of credibility and potential to the token. Dogecoin is in a crucial phase, breaking through key resistance levels. Analysts predict Dogecoin could break its major resistance at $0.5, potentially pushing it to $0.8 soon. The cryptocurrency is experiencing a renewed wave of interest, and investors are betting that the token is on the verge of a massive rally. Why not Dogecoin reserve? In addition to Musk’s involvement, Billy Markus, Dogecoin’s co-founder, recently sparked further conversation by suggesting a “Doge Reserve” similar to Bitcoin’s reserve. This tweet has led to increased discussions around Dogecoin’s future, with many viewing it as an undervalued asset primed for significant growth. The political support and technical indicators showing Dogecoin breaking key resistance levels. Suggest the token is entering a new growth phase. Investors eagerly watch as Dogecoin shows signs of entering a bullish market cycle, potentially reaching new highs. With Musk’s tweet, political moves, and technical setup pointing to a bullish future, Dogecoin’s upcoming rally could be just around the corner. Investors and crypto enthusiasts hope this new phase could lead to significant gains. Highlighted Crypto News Today: Trump and Coinbase CEO Meet to Shape Crypto Regulations

Spot Bitcoin ETF options may be listed and traded on Nasdaq as early as November 19. After the US Spot Bitcoin ETF’s success, this move has boosted market confidence. As per industry executive Joe Consorti, more liquidity could attract a new wave of institutional and individual investors. Making the impending launch of spot Bitcoin exchange-traded fund options in the US a potentially monumental event. According to a video published on X on November 19 by Consorti, head of growth at Bitcoin custody firm Theya, the first spot Bitcoin ETF options are scheduled to begin trading in the US on November 19. This marks the beginning of Bitcoin’s next phase in the financial markets. The investment vehicles, starting with the BlackRock iShares Bitcoin Trust (IBIT), will be launched by the Options Clearing Corporation (OCC) on November 18th. Boosting Market Confidence Price dynamics, volatility, and institutional adoption have entered a fresh era. Especially, with the availability of spot Bitcoin ETF options, particularly for the IBIT vehicle, according to Consorti. Spot Bitcoin ETF options may be listed and traded on Nasdaq as early as November 19. This is according to Alison Hennessy, head of ETP listings at the exchange. In the financial derivative known as “spot Bitcoin ETF options,” investors are granted the right, but not the obligation, to purchase or sell shares in spot crypto ETFs at specified prices. While uploading Consorti’s video on X on November 19, Bloomberg’s senior ETF analyst Eric Balchunas said that this was a “BFD”. After the US Spot Bitcoin ETF’s success and skyrocketing demand, this move has boosted market confidence. Following two days of outflow last week, amid brief recovery. The US Spot Bitcoin ETF saw an inflow of $254.8 million on November 18, according to data from Farside Investors. Highlighted Crypto News Today: Sui Combats Resistance and High Volatility Post Hitting ATH

The U.S. District Court ruled that Lido DAO is a general partnership under California law. The court ruled that Lido DAO participants can be held liable despite its decentralized structure. A U.S. District Court judge has classified Lido DAO as a general partnership, setting a new precedent for decentralized organizations (DAOs). The ruling, issued on November 18, 2024, by Judge Vince Chhabria of the Northern District of California, means that participants in Lido DAO can be held liable for the organization’s actions under California’s partnership laws. (Source: Courtlisterner) The case stems from a lawsuit filed by Andrew Samuels, who accused Lido DAO of selling unregistered securities after purchasing Lido tokens. Samuels argued that the platform failed to register its tokens with the SEC, leading to his financial losses. The court rejected Lido’s defense that it was not a legal entity, instead holding that its decentralized structure did not shield its participants from liability. The ruling specifically named major institutional investors—Paradigm Operations, Andreessen Horowitz, and Dragonfly Digital Management—as general partners, based on their active roles in Lido’s governance. However, Robot Ventures was dismissed from the case due to insufficient evidence of involvement. This decision could have wide implications for how profit-driven DAOs are treated under U.S. law. It’s important particularly when it comes to liability and securities regulations. Highlighted Crypto News Today Floki Inu Targets Indian Web3 Scene with Valhalla Campaign