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Cardano’s Hoskinson advances US crypto regulation efforts Reveals meetings with senators and industry leaders Targets a comprehensive framework within 60-90 days Cardano founder Charles Hoskinson has revealed significant progress in his efforts to establish comprehensive cryptocurrency regulations in the United States. During a November 17 surprise AMA session, Hoskinson detailed recent meetings with government officials and industry leaders aimed at creating a workable regulatory framework. Cardano Key Industry Collaborations Emerge The initiative has gained momentum through strategic partnerships within the crypto space. Hoskinson confirmed direct conversations with Ripple CEO Brad Garlinghouse and efforts to engage Hedera co-founder Leemon Baird in the regulatory dialogue. “We’ve found great partners in this push for regulatory clarity,” Hoskinson stated during the AMA. “The next 60-90 days will be crucial for bringing these efforts together.” The proposed framework aims to address multiple aspects of crypto governance, including asset classification, custody standards, and tax clarity. Hoskinson emphasized studying successful models from Switzerland, Singapore, and the UAE to position America as the global cryptocurrency leader. “We’re exploring every avenue – from administrative changes to executive orders and new legislation,” Hoskinson explained. “Our goal is to create a regulatory environment that surpasses other jurisdictions.” The initiative targets resolving ongoing conflicts with the SEC regarding asset classification, particularly concerning tokens like XRP, Solana, and Cardano. Hoskinson projects the regulatory clarity would establish a multi-trillion-dollar industry within the United States. In a separate development, Hoskinson dismissed circulating rumors about an upcoming appearance on the Joe Rogan Experience podcast. Through a tweet, he urged the community to await official announcements rather than spread unverified information. “I have no scheduled appearance on the show,” Hoskinson clarified. “If such plans materialize, I’ll be the first to announce it.”
 
Valletta, Malta, November 18th, 2024, Chainwire LaunchPunks has officially launched, introducing a gamified and community-centric approach to the crypto launchpad landscape. Built on Bitcoin via the TAP Protocol, the platform emphasizes fairness, transparency, and scalability while challenging traditional launchpad models. Ghosty Cash “Spooky” – Supernatural Utility Leading the charge with them is Ghosty Cash. Ghosty Cash represents an innovative approach to anonymous, cross-chain swaps, designed to challenge conventional DeFi models and enhance user autonomy. With over $50 million volume swapped and 200% monthly Total Value Swapped (TVS) growth, Ghosty Cash and its utility token Spooky ($SPKY) are establishing a presence in the expanding Bitcoin DeFi ecosystem. $SPKY Token Utility Highlights: Monthly BTC Rewards: $SPKY holders stake with no lock-up, can earn monthly Bitcoin rewards and keep control of their assets Deflationary Burns: For every $100 swapped, 0.5 $SPKY is burned, reducing overall supply Real-Asset Utility & Compliance: $SPKY is MiCAR-compliant on SOL/TAP and balances the needs of privacy and regulation A New Era for Launchpads: Fair, Fun, and Built for the Community LaunchPunks breaks away from fixed tiers, hidden tokenomics and passive participation and takes a fresh, community-focused approach: Scalable & Transparent: Dynamic Allocation rewards participation and promises fairness in volatile markets. Tokenomics are presented with easy-to-understand graphs. Social & Gamified: Profiles, leaderboards and social integration turns every launch into an engaging and fun experience. Inclusive & Anti-Establishment LaunchPunks embraces the punk values of doing things their own way and self-empowerment. No More Ghosts in the Machine With Ghosty Cash, LaunchPunks aims to bring a revolutionary approach to token launches sure to spook the competition. The Ghosty Cash community raise goes live exclusively on LaunchPunks, Monday, 18th November. For more information, users can visit launchpunks.com. About LaunchPunks LaunchPunks is a first-of-its-kind, gamified, social launchpad experience on a mission to rewrite the code of crypto launches. Powered on Bitcoin by TAP Protocol, LaunchPunks delivers a transparent, scalable, and fun experience that puts the community first. LaunchPunks rejects outdated norms, embraces transparency, and seeks to disrupt. Contact LaunchPunks [email protected]
 
Investors are eagerly searching for digital assets that could deliver substantial returns in a matter of weeks. The cryptocurrency market is known for its rapid shifts, and certain altcoins are showing signs of significant upside potential. Spotting these promising tokens early is key for those aiming to enhance their portfolios and capitalize on emerging opportunities in this dynamic space. Among these contenders is XYZVerse (XYZ), a pioneering memecoin that unites sports fans across various disciplines, striving to surpass the remarkable gains achieved by previous standout tokens. 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! Sui (SUI) Sui is a revolutionary layer-1 blockchain platform poised to redefine how we interact with decentralized applications. By harnessing a novel object-centric data model and the secure Move programming language, Sui tackles the inefficiencies that burden current blockchain architectures. This innovative foundation not only enhances security and scalability but also empowers developers with a powerful platform to build cutting-edge applications suited for global adoption. What truly sets Sui apart is its unwavering commitment to user experience. With innovations like zkLogin, sponsored transactions, and programmable transaction blocks, Sui removes common barriers that have long hindered blockchain interactions. These features make applications more accessible and user-friendly, setting a new standard within the Web3 sphere. In a market ripe for solutions that blend robust technology with seamless usability, Sui stands out as an attractive contender. Its unique approach aligns with emerging trends that prioritize both scalability and accessibility, suggesting that Sui could play a significant role in the future of blockchain technology. Pepe (PEPE) PEPE is a deflationary memecoin launched on Ethereum. It’s a tribute to Pepe the Frog, a popular internet meme created by Matt Furie in the early 2000s. Aiming to join the ranks of Shiba Inu and Dogecoin, PEPE keeps it simple with no taxes and no pretense of utility—embracing its memecoin nature. In late April to May 2023, PEPE’s market cap soared to $1.6 billion. Early holders became millionaires, and a strong community formed around the coin. This surge sparked a “memecoin season,” with many new meme-based cryptocurrencies experiencing wild price swings. PEPE’s potential lies in its community and meme appeal. Its roadmap focuses on gaining listings on major exchanges and creating a “meme takeover.” Compared to other coins, PEPE stands out with its no-tax policy and straightforward approach. Polkadot (DOT) Imagine a world where different blockchains can talk to each other without barriers. That’s the vision behind Polkadot and its cryptocurrency, DOT. Polkadot is a decentralized protocol that allows secure communication between blockchains like Ethereum and Bitcoin. It uses a unique technology called parachains to boost speed and scalability, processing transactions much faster than Bitcoin and Ethereum. Launched in 2020 by Gavin Wood, a co-founder of Ethereum, Polkadot aims to create a more interconnected and efficient blockchain ecosystem. DOT isn’t just a token; it’s a ticket to participate in Polkadot’s governance and staking. Holders can help shape the network’s future and validate transactions. In a market where scalability and interoperability are crucial, Polkadot stands out by addressing these challenges head-on. Compared to other cryptocurrencies, DOT offers a promising solution to the limitations of older blockchains. As the crypto market evolves, Polkadot’s technology positions it as a strong contender. For those watching current trends, DOT’s focus on connecting blockchains could make it an attractive option in the ongoing market cycle. Shiba Inu (SHIB) Shiba Inu (SHIB) began as a fun meme coin inspired by Dogecoin, but it’s becoming more than a joke. Launched in August 2020 by the mysterious Ryoshi, SHIB runs on the Ethereum blockchain. This means it can connect with many apps and services on Ethereum. SHIB started with a huge supply of one quadrillion tokens. To build trust, half of these tokens were sent to Vitalik Buterin, a co-founder of Ethereum. Buterin donated a large amount to the India Covid Crypto Relief Fund and burned 40% of the total supply. These actions put SHIB in the spotlight and added to its credibility. Being on Ethereum sets SHIB apart from other meme coins. It allows for advanced features like ShibaSwap, where users can trade and earn with their tokens. Plans are in place for a platform for NFTs and a system where holders help make decisions. These developments give SHIB more uses in the crypto world. In today’s market, SHIB looks promising, especially as interest in Ethereum-based projects grows. While the crypto market can be unpredictable, SHIB’s active community and new features could make it an appealing choice for those seeking something different. Conclusion Though SUI, PEPE, DOT, and SHIB are promising, XYZVerse (XYZ) stands out with its unique sports-meme blend and aims for massive growth through community engagement. 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.
 
According to CoinShares, these funds have now had net inflows for six weeks running. The funds’ assets under management have reached a new height of $138 billion. A new record of $33.5 billion has been reached so far this year by global crypto funds managed by global asset managers. According to CoinShares, these funds have now had net inflows for six weeks running, with an additional $2.19 billion. The funds’ assets under management have reached a new height of $138 billion. As pointed out by CoinShares Head of Research James Butterfill in a Monday report. This is in addition to the price increase that caused bitcoin to hit fresh all-time highs over $93,000 on Wednesday. Optimistic Investor Sentiment According to Butterfill, the current uptick in activity seems to be fueled by a mix of loosened monetary policy. And the Republican party’s resounding victory in the US elections. Net inflows of $3 billion in the first three days were later offset by net withdrawals of $866 million. Marking a week with two halves, according to Butterfill. Net weekly inflows of $2.21 billion were recorded by U.S-based funds, as is typical; next came $27 million from Hong Kong, $18 million from Australia, and $13 million from Canada in the realm of cryptocurrency investment products. German investors “took profit,” with $6.8 million going out and Swedish investors $58 million, according to Butterfill. Once again taking the lead among assets, Bitcoin-based products had net inflows of $1.48 billion worldwide last week. The expert did point out that investors added $49 million to short-bitcoin investment vehicles after Wednesday’s record high. Meanwhile, according to Butterfill, investment products based on Ethereum seem to have broken their “negative funk,” with $646 million in net inflows internationally for the week, accounting for 5% of AUM. Highlighted Crypto News Today: Quantoz Launches MiCA-Compliant Stablecoins USDQ and EURQ
 
It follows the selling of 13,593,865 shares of MicroStrategy stock to finance the purchases. The current market value of the company’s 331,200 Bitcoin is around $29.7 billion. An 8-K filing with the Securities and Exchange Commission (SEC) on Monday revealed that business intelligence company MicroStrategy, a corporate bitcoin holder, purchased an extra 51,780 bitcoins for almost $4.6 billion, with an average price of $88,627 per bitcoin, between November 11 and November 17. It follows the selling of 13,593,865 shares of MicroStrategy stock to finance the purchases. And it is the biggest collection of acquisitions the business has made to date. The firm is aiming to raise $42 billion in funds over the next three years. In order to fund more bitcoin acquisitions; as of November 17th, there were around $15.3 billion worth of shares available for sale. As part of the $21 billion stock offering and $21 billion in fixed income instruments that were planned. Banking on Bitcoin Paying Off Moreover, the current market value of the company’s 331,200 Bitcoin is around $29.7 billion. According to Michael Saylor, co-founder and executive chairman of MicroStrategy, the entire cost of purchasing all of the company’s holdings—which included fees and expenses—was around $16.5 billion, or $49,874 per bitcoin. Following last Monday’s announcement, MicroStrategy spent over $2.03 billion for 27,200 bitcoin, or an average of $74,463 per coin (not counting fees and expenditures), according to the latest report. Furthermore, a critical performance indicator known as “Bitcoin Yield” is used by MicroStrategy. To track the percentage change in its bitcoin holdings in relation to its diluted shares. The firm’s approach for effectively purchasing bitcoin to benefit shareholders has resulted in a 41.8% year-to-date Bitcoin Yield as of November 17th. This reflects a strong increase in holdings while balancing share dilution. Highlighted Crypto News Today: South Korea’s Paju City Authorities to Seize Crypto Assets Over Unpaid Taxes
 
As the crypto world watches established coins for potential gains, a lesser-known token is turning heads with astonishing growth predictions. Expectations for some assets point to tripling in value, but projections for CYBRO hint at an explosive rise by December. This surprising forecast could significantly impact investment choices in the cryptocurrency market. 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!<< Ethereum’s Proof-of-Stake and Smart Contracts Drive Decentralized Innovation Ethereum is a pioneering Proof-of-Stake blockchain known for its smart contracts and extensive decentralized application ecosystem. It supports decentralized finance and Layer 2 solutions like Arbitrum and Polygon to enhance transaction efficiency. Ethereum introduced ERC-20 tokens, used in various applications for governance, utility, and value storage, while transactions require ETH for gas fees. The network has evolved, transitioning to Proof-of-Stake with the Merge, and aims to improve scalability and reduce costs through sharding. Ether (ETH) remains central to the ecosystem, facilitating transactions, rewarding stakers, and serving as a tradable asset and collateral. Conclusion As the 2024 bull run gains momentum, coins like ETH show limited short-term potential. In contrast, CYBRO offers investors an unparalleled opportunity with its forecasted 7,800% surge by December. As a technologically advanced DeFi platform, CYBRO maximizes earnings through AI-powered yield aggregation on the Blast blockchain. Features such as lucrative staking rewards, exclusive airdrops, and cashback on purchases provide a superior user experience with seamless deposits and withdrawals. With a commitment to transparency, compliance, and quality, CYBRO has attracted strong interest from crypto whales and influencers. This positions CYBRO as a standout project with significant short-term growth potential. 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.
 
The offering is in line with the new debt-based Bitcoin purchasing strategy. Only approved institutional purchasers will be considered for the offering and sale. Bitcoin Miner MARA Holdings has announced a private offering of convertible senior notes with a maturation date of 2030, with a plan to raise $700 million. The notes, which come with an option to buy an extra $105 million, are available to eligible institutional purchasers. The funds will go toward paying off debt, expanding the business, making smart acquisitions, and accumulating Bitcoin. The convertible senior notes due 2030 issued by MARA Holdings will have a principal amount of $700 million and will be made available in a private offering. Only approved institutional purchasers will be considered for the offering and sale of the holdings notes. This is a really bold proposal, particularly in light of the fact that Bitcoin skeptic Peter Schiff recently made the provocative and satirical notion that Social Security’s financing issue might be solved by selling its $2.7 trillion in US Treasuries to purchase Bitcoin. Debt-based Bitcoin Purchasing Strategy With as much as $200 million, the Bitcoin mining company may buy back part of its convertible notes that are due in 2026. The rest will go toward Bitcoin accumulation and other business needs, such as growth, acquisitions, and debt repayment. Moreover, modern Bitcoin mining has become more profitable as miners wait for $100K. Carefully pausing operations or selling holdings to maximize profits. By 2030, MARA will have the option to convert the convertible notes into either cash or stocks. Although the specifics are still up in the air, interest will be due every six months. Furthermore, the offering is in line with the new debt-based Bitcoin purchasing strategy. Put in place by Metaplanet and MicroStrategy. MicroStrategy’s “HODL” strategy, which entails keeping all mined Bitcoins and remaining in the market to purchase more, is something that MARA continues to follow. Highlighted Crypto News Today: Binance Pool Unveils Merged Mining for Fractal Bitcoin
 
In his latest YouTube video titled “Turn $1,000 into $100,000 With Meme Coins in 45 Days! [I’m Buying These Memes Now],” Miles Deutscher provides an analysis of the current memecoin landscape where he lists specific coins that he believes are poised for substantial growth. Deutscher contextualized the current market environment, stating, “altcoins are now breaking out of a key resistance level on the weekly, absolutely flying specifically the meme coins.” He attributes this surge to the memecoin supercycle, driven by increased retail participation and strategic exchange listings. “The altcoins that people are bidding in light of this breakout are the memecoins, specifically the ones that are getting exchange listings,” he explains. List Of Deutscher’s Top Memecoins To Buy Now Among the top memecoins Deutscher highlights, Pepe (PEPE) is a standout performer. “Pepe is my first 100x through memecoins,” Deutscher exclaims. He advises a proactive trading approach, utilizing technical indicators to navigate its price movements. “Pepe continues to show strong bullish signals, making it a prime candidate for long-term holds and active trading,” he asserts. Dogwifhat (WIF) is another memecoin that Deutscher identifies as having significant upside potential. “WIF is performing exceptionally well right now,” he notes, pointing to its strong market performance. Deutscher recommends monitoring breakout patterns and technical signals akin to those observed with Pepe, suggesting that WIF is well-positioned to capitalize on the ongoing market momentum. “Watch for breakout patterns and technical signals similar to Pepe,” he states. Foxy (FOXY) also garners attention for its remarkable performance, currently up approximately 110% in the last 13 days. “Foxy has started flying the spell call from yesterday,” Deutscher states. He recommends a strategic approach of taking partial profits while maintaining the majority of the position to maximize returns. “Targeting higher range highs with potential for yearly high retests,” he explains. Spell (SPELL) is another memecoin that Deutscher praises, having increased by 41% since his entry and 67% in the last 12 days. He attributes its success to “unit bias and low market cap psychology,” emphasizing the psychological factors that drive retail investment in lower-priced tokens. “Spell is the lowest market cap meme on Coinbase, and unit bias is a real thing with retail,” he observes. Deutscher targets a multi-billion market caps for Spell, advocating for holding positions to fully capitalize on its growth potential. Bonk (BONK) and Floki (FLOKI) are recognized by Deutscher for their consistent performance within the memecoin sector. “Bonk continues to be a strong performer,” Deutscher remarks, while FLOKI’s substantial gains of approximately 85% are noted as being driven by overall market momentum. “FLOKI benefits from the flywheel effect and overall market momentum,” he explains. Peanut the Squirrel (PEANUT) is highlighted for its explosive growth, having surged by an impressive 1,800% within the last nine days. Deutscher attributes its rapid rise to heightened retail investment and speculative trading. He underscores Peanut’s potential for continued growth, driven by its strong momentum and increasing market interest. “Peanut exemplifies the explosive potential within the memecoin arena,” he states. Goat (GOAT), the leading AI memecoin, has seen a fivefold increase over the past month and has crossed the $1 billion market cap with the latest surge. However, GOAT is far from done. “Goat is targeting multi-billions,” Deutscher asserts, indicating his confidence in its scalability and long-term viability. In addition to these primary memecoins, Deutscher also mentions SPX6900 (SPX) and Giga (GIGA) as newer additions to his portfolio, both showing positive returns. “SPX is considered a relative strength leader with potential for significant upside,” he elaborates, while Giga’s performance is tied to technical setups and anticipated exchange listings, making it a strong contender in the memecoin sector. “Giga remains a strong contender based on its technical setups and upcoming exchange listings,” Deutscher notes. Deutscher also touches on several other memecoins, including Popcat, MOG, Miggles, Flaky, Pups, Simon’s Cat, Toshi, Billy, and Paradise, each noted for their varying performances and niche market potentials. He observes, “animal coins have been super hot,” particularly cat-themed memecoins like Popcat and MOG, which he believes are ripe for rotation plays within their specific sub-sectors. In general, Deutscher emphasizes the current significance of exchange listings and weekend trading dynamics. “Weekend pumps have become a lot more probable across the board now that retail is back,” he explains, noting that retail investors are more active during weekends, driving substantial market movements. He also advocates for monitoring intra-rotations within memecoin sub-sectors, such as cat-themed coins, to capitalize on emerging trends and early investments. At press time, PEPE traded at $0.00002080.
 
Crypto analyst Trader Tardigrade has revealed a bullish pattern that has formed on the Bitcoin chart. Based on this, the analyst explained how the Bitcoin price could rally to as high as $113,000. Bitcoin Bullish Pennant Could Send Price To $113,000 In an X post, Trader Tardigrade mentioned a bullish pennant that had formed on the Bitcoin chart. The analyst remarked that the BTC price is still preparing for the next pump with this bullish pattern. A bullish pennant indicates the continuation of an uptrend following a brief consolidation period. Trader Tardigrade said that the Bitcoin consolidation within the Pennant looks really healthy and good. He added that the Bitcoin price is climbing to the apex now and will make a breakout soon enough. In line with this, the analyst stated that the short-term target for the Bitcoin price remains $113,000. In a more recent X post, Trader Tardigrade noted that BTC closed its weekly candle close to its current all-time high (ATH) at $93,000. The analyst stated this is a significant sign, confirming the breakout candles from long-consolidating ranges. He added that he has noticed that the strength of the uptrend isn’t decreasing, which confirms that this is the beginning of the bull run. Based on historical trends, the analyst recently predicted that the Bitcoin price could rise to as high as $462,000 in this market cycle. He explained that massive bull runs have ended between Fibonacci extensions 1.618 and 2.272. Therefore, BTC could reach $173,000 at Fib extension 1.618 and rally to $462,000 if it reaches Fib extension 2.272. BTC Could Witness A Significant Price Correction First In an X post, crypto analyst Ali Martinez outlined several reasons why Bitcoin could be about to suffer a steep correction. Firstly, he stated that crypto enthusiasts are feeling extremely greedy at the moment. This greed is said to have spilled over retail investors as there has been a significant spike in Google search interest for Bitcoin. Secondly, the analyst mentioned that BTC investors have realized over $5.42 in profits, which puts the Bitcoin price at risk of facing significant selling pressure if these investors decide to secure some of these profits now. From a technical perspective, Martinez also noted that the TD Sequential has presented a sell signal on the BTC daily chart. Meanwhile, the Relative Strength Index (RSI) signals that Bitcoin is currently overbought. If this BTC price correction happens, Martinez stated that the key support walls to watch are between $83,250 and $85,800 and between $72,880 and $75,520. However, the analyst added that a sustained daily close above $91,900 would invalidate this bearish Bitcoin outlook and would trigger a breakout to $100,680.
 
Sydney, Australia, November 18th, 2024, Chainwire FSL is thrilled to announce an exciting new event to break a GUINNESS WORLD RECORDS() title as STEPN and STEPN GO attempt for most users to complete a remote one mile distance in 24 hours! This record-setting event will occur on November 23, 2024, running from 12:00 AM to 11:59 PM UTC, inviting users from around the world to come together in a show of global unity, connectivity, and collective achievement. Originally launched as the “Move and Earn” platform, STEPN has attracted over 5.6 million users and achieved 1 million Sneaker NFTs. STEPN GO builds upon this foundation with new, interactive challenges open to all, regardless of prior Web3 experience. This landmark initiative follows a series of successful collaborations for STEPN GO, which has previously teamed up with major brands such as G-SHOCK, adidas, and Snoop Dogg to deliver interactive, engaging experiences for fitness audiences. Participants can join this attempt by logging into the STEPN or STEPN GO app on November 23 and completing a one-mile (1.61 km) walk or run anytime within the 24-hour event window. This milestone event unites fitness, health, and shared achievement, creating a meaningful way for users to contribute to a world record while emphasizing the strength of a connected, global community. All participants in this challenge will receive exclusive badges in the app to commemorate their role in setting the world record. These digital badges serve as a lasting symbol of their contribution to this memorable event, reinforcing the spirit of a global fitness community united by purpose. Those interested in participating can download the STEPN or STEPN GO app in advance to prepare for a challenge that will unite users from around the globe, breaking new ground in the world of fitness and connectivity. About STEPN STEPN is Web3’s leading lifestyle app with over 5.6 million registered users. By incentivizing exercise through rewards, the app requires users to purchase a virtual Sneaker NFT and earn rewards through walking, jogging, or running. Over the years, STEPN has partnered with prolific brands like Adidas, Atlético De Madrid, Steve Aoki, and ASICS. About STEPN GO Building on the success of STEPN, the pioneering move-and-earn platform, STEPN GO aims to revolutionize social fitness in everyday life. Users can buy, borrow, or lend Sneakers to earn rewards by staying active. Rewards can be used to level up, cash out, or flex their online appearance, fostering physical activity and social connections. About GUINNESS WORLD RECORDS: The question “What’s the fastest game bird in Europe?” inspired the founding of Guinness World Records back in 1955. Starting with a single book published from a room above a gym, GWR has grown to become a global multi-media brand, with offices in London, New York, Beijing, Tokyo, and Dubai. Today, they deliver content through books, and via TV shows, social media, and live events. Their in-house consultancy works closely with brands and businesses worldwide to harness the power of record-breaking and deliver award-winning campaigns and business solutions. Through their in-house production arm, GWR Studios, they create content for broadcasters, brand partners, and digital platforms. The GWR Entertainment Services division brings the best of the GWR brand to life in a diverse range of live experiences where visitors can discover and even attempt official world records. Whatever the medium, their ultimate purpose is to make the world a more interesting, fun, and positive place. For more information, users can visit guinnessworldrecords.com. Contact Marketing Manager Emmanuel Manach FSL [email protected]
 
Whales attention is drawn to established assets like Ethereum and XRP, along with a fresh contender making waves. Examining the motivations behind these strategic acquisitions might uncover which cryptocurrencies are primed for explosive growth. One such asset is XYZVerse, a memecoin fusing sports enthusiasm and meme culture, aiming for remarkable growth while building a community-driven ecosystem that rewards active participation. 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! Ethereum (ETH) Ethereum is more than just a cryptocurrency; it’s a groundbreaking platform that has transformed the blockchain world. Launched in 2015 by Vitalik Buterin, Ethereum introduced smart contracts, allowing developers to build decentralized applications (dApps) that run without downtime or interference. This innovation has led to a rich ecosystem of services, including decentralized finance (DeFi) platforms and Layer 2 solutions like Arbitrum and Polygon, which make transactions faster and cheaper. With the switch to Proof-of-Stake through “The Merge” in 2022, Ethereum has shown its commitment to energy efficiency and scalability. In today’s market, Ethereum stands out for its robust technology and active community. The introduction of ERC-20 tokens has expanded its use in areas like governance and value storage, even though ETH is still needed for transaction fees. Upcoming improvements aim to boost scalability and reduce costs, making the network more accessible. Compared to other coins, Ethereum’s blend of innovation and practical use makes it a compelling option for those interested in the evolving world of blockchain. As the industry progresses, Ethereum’s role in powering transactions, rewarding participants, and serving as a valuable asset keeps it at the forefront of decentralized finance. XRP (XRP) XRP is a digital currency designed to move money as swiftly as data. Created by Jed McCaleb, Arthur Britto, and David Schwartz, it aims to make transfers between different currencies seamless. With fast transactions and low costs, XRP stands out among cryptocurrencies. It runs on a decentralized system without a central authority, making transactions secure and irreversible. Unlike traditional banking, it doesn’t need a bank account for settlements, opening doors for many worldwide. In today’s market, XRP shows significant potential. Its technology addresses real problems in finance, like slow and pricey cross-border payments. By partnering with companies and banks, XRP seeks to boost global liquidity and financial inclusion. Ripple, which was gifted 80 billion XRP at launch, uses this to support the ecosystem. With a large portion placed in escrow to control supply, XRP demonstrates stability. Compared to other cryptocurrencies, its focus on practical use sets it apart. For investors and users, XRP presents an attractive option in the evolving crypto landscape. Conclusion Ethereum and XRP are solid assets, but XYZVerse’s unique sports meme platform and ambitious growth goals make it an even better opportunity. 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.
 
According to expert predictions, most of the new crypto billionaires are likely to emerge in the next sixteen months; the trade in cryptocurrencies is about to explode. The secret to exponential wealth increase may just be choosing the correct tokens to hang on to, even if the market is at its euphoric top. Six cryptocurrencies—including Rexas Finance (RXS)—that are expected to be fairly helpful in creating large-sized portfolios are listed below. Rexas Finance (RXS): Tokenization of assets Rexas Finance (RXS) keeps rising ceaselessly and arrives at the current stage 6 of the presale, where tokens are sold for $0.08. Confirming its status as a game-changer at an amazing fifth stage, previous presale stages over $8,600,000. Rexas Finance is focused on RWA tokenizing, which lets asset sections of valuable items—such as gold or real estate—be owned by several persons so increasing the number of investors in these high-value assets. The platform became somewhat well-known because of its CertiK-verified smart contracts. Coinmarketcap and CoinGecko have made the platform more visible, which attracts institutional as well as retail investors. Apart from that, the platform’s million-dollar RXS giveaway offer is also facilitating fast community development since each of the twenty users qualified to get RXS tokens worth 50,000 dollars is benefiting. Given the successful presale plus the forthcoming listings on Tier 1 exchanges, RXS offers a great chance for expansion. Early investors could obtain up to 150 percent return on investment by the time the RXS launches from an expected listing price of $0.20. Anyone looking to profit from the forthcoming tsunami of multi-million crypto investors will find Rexas Finance as a custodian of the RWA tokenizing revolution to be the ideal choice. Solana (SOL) Solana (SOL), sometimes known as the future Ethereum, is another fascinating rival with quick transaction rates and reasonable costs. Solana, which presently stands at $213.09, is the greatest solution for d Apps and DeFi projects since it offers t great edge on scale thanks to its special consensus mechanism that makes use of proof of history. After FTX fell, Solana cautiously marked a strong return and today has almost $100 billion market capitalization. Clearly, SOL will be a long-term holding and a sensible investment for those looking for consistent appreciation given the estimated price of about $300 by 2025. Ripple (XRP) — Global Payments Revolution Leading the transformation in cross-border payments is XRP, whose goal is to outsell the SWIFT payment system using a blockchain equivalent. With a market cap value of $47 billion, Ripple presently retails at $0.8261 despite constant SEC battles. Analysts expect an enormous comeback as witnessed in past patterns when such regulatory clarity is discovered; predictions for 2024 will be about $3.10. It will be a necessary tool in the next bull run since it has become crucial in enabling international payments. Cardano (ADA) — Customized smart contracts for several applications. Cardano (ADA) can improve security while also improving grading performance mostly thanks to its two-layer design. Cardano’s environmental issues drew a lot of investors, which explains the ADA trading around $0.5826 proof-of-stake. Although ADA’s price swings soon may stay boring, experts expect an enormous $3.50 objective by 2025, which investors shouldn’t be astonished by especially considering the new potential Alonzo upgrading driving the Cardano ecosystem. Cardano’s practical and scientific outlook will guarantee its competitiveness in this very competitive market of ours. Shiba Inu (SHIB), Meme King Shiba Inu replaced Dogecoin as the current meme coin only to penetrate various markets including building its own blockchain, Shibarium, and funding other DeFi projects. Some of Shiba Inu’s primary selling propositions are its cheap offers and more loyal fan aggregate valued at $0.000010. With Shiba Inu defining its long-term goal for enhanced usefulness and acceptability reaching prices of $0.0001 in the next bull run, expectations for Shiba Inu projection are strong. Targeting Shiba Inus is therefore a wise possibility on some level since it would be a high-risk high-reward venture. Ethereum (ETH) It is still a fundamental component of any investment portfolio since most of the advancements and innovations are being carried out in the blockchain resource Ethereum in which ETH is a vital component. ETH’s value rose to over 2000 and demand grew mostly owing to its lowered power usage with the release of its new version and its change from proof of work to proof of stake. Analysts estimate that Ethereum will be valued at at least $5000 by 2025; so, it is a valuable asset in any investment portfolio because of its dominance on NFTs, DeFi projects, and Smart contracts. Conclusion Though at a level of maximum fervor in the Bitcoin market, the next generation of billionaires will also be strategic with an eye toward highly promising sprouting tokens. From Rexas Finance, Scalability of Solana, and Transformational Riple, new RWA ideas from all provide special chances for development. By carefully diversifying across several assets, investors can themselves get ready for amazing profits as the market approaches its future height. 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.
 
Officials in Paju reportedly notified 17 individuals on November 18 over unpaid taxes. Paju authorities have made it clear that they want to pursue tax evaders’ assets. South Korean authorities in the city of Paju, in the province of Gyeonggi, have stated their intention to liquidate cryptocurrency assets owned by residents who have failed to pay their taxes. Officials in Paju reportedly notified 17 individuals on November 18. That they owed 124 million Korean won (about $88,600) in unpaid taxes. This information was revealed by local media agency Yonhap News. If these taxpayers’ obligations are not paid by the end of November. The city has threatened to seize and sell their cryptocurrency holdings held on exchanges. Tax Evaders Under Scrutiny Paju authorities have made it clear that they want to pursue tax evaders’ assets and punish them accordingly. The measure, according to authorities, makes it quite obvious that people can’t utilize cryptocurrency as a means to conceal their wealth. Moreover, Yonhap reported that a growing number of South Koreans are using cryptocurrency as a cover to avoid paying back their debts. Seizing cryptocurrency held by tax evaders is nothing new for the Paju tax officers. Authorities in Paju confiscated cryptocurrency belonging to tax evaders on July 29th, valued at 100 million won (about $72,000). Authorities have said that the decision to confiscate cryptocurrency from exchanges is based on the fact that individuals are knowingly shifting their wealth into digital assets in order to avoid paying taxes, even if they are financially capable of doing so. People allegedly turned their money into cryptocurrency so they wouldn’t have to pay taxes. Highlighted Crypto News Today: Binance Pool Unveils Merged Mining for Fractal Bitcoin
 
In the fast-paced crypto market, large investors are turning their focus to a new AI-driven altcoin that has skyrocketed by 500% within a mere two weeks. This astonishing growth is drawing attention from TRX’s biggest holders. The sudden interest raises questions about what is fueling this surge and what it could mean for the future of digital currencies. CYBRO Presale Exceeds $4 Million: A One-in-a-Million Multichain Next GEN DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $4 million. This next-generation DeFi platform 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 another exciting update, CYBRO has introduced a referral program. It offers 12% commissions from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are distributed weekly in USDT, and referees receive double CYBRO Points on their first deposit using the referral code. In addition to its token offering, CYBRO has introduced a Points system, further enhancing investor incentives. Holders of these Points will automatically qualify for participation in the CYBRO Airdrop, with token distribution tied directly to the number of Points held. The platform allocates up to 1 million Points on a weekly basis, which investors can accrue through positions in CYBRO’s DeFi Vaults. 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 100 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% TRON (TRX): Empowering Content Creators with Decentralized Technology TRON (TRX) is a decentralized blockchain platform that aims to give control back to content creators. By removing intermediaries like YouTube and Facebook, TRON allows creators to connect directly with their audience. This means content makers can receive more rewards for their work, and users can support them without middlemen taking a cut. TRON supports smart contracts and decentralized applications (dApps), making it a tool for developers to build and share content freely. Transactions happen on a public ledger similar to Bitcoin’s, offering transparency and traceability. Originally launched on Ethereum, TRX moved to its own network to help build a decentralized internet where anyone can create and share content without worrying about fees. Conclusion In conclusion, while coins like TRX may offer steady growth, they currently show less potential for substantial short-term gains. CYBRO stands out as an advanced DeFi platform, providing investors with exceptional opportunities to maximize earnings through AI-powered yield aggregation on the Blast blockchain. With features such as generous staking rewards, exclusive airdrops, and cashback on purchases, CYBRO delivers a superior user experience with seamless deposits and withdrawals. Prioritizing transparency, compliance, and quality, CYBRO distinguishes itself 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.
 
London, United Kingdom, November 18th, 2024, Chainwire Plutus, a pioneer in tokenized loyalty rewards, is implementing strategic upgrades to enhance platform integrity and ensure long-term sustainability. Guided by community feedback, with 67% of users expressing support, the company is rolling out initiatives aligned with its whitepaper, including offering rewards of up to 10% on debit card payments, positioning itself as a competitive alternative to traditional cashback and credit card programs. Consequences Of Scaling Ambitions Since its inception in 2015 as one of the earliest community-supported Ethereum-based platforms, Plutus has pursued rapid growth while maintaining a self-funded approach. This expansion has introduced operational challenges that have, at times, affected the customer experience and community trust. Plutus is now dedicated to addressing these issues and strengthening the platform. Steps to Improve Platform Integrity and User Experience Helping Customers: Reinstated accounts flagged for misuse with guidance. Enhancing Transparency: Updated terms and conditions offer clearer criteria and expectations for users. Metal Card Extension: All holders affected by upgrades received +1 month free. New Features: PlutusSwap, PlutusMiles, PlutusGift, and more for in-app value. Tangible Benefits: Redeem for instant card-top ups, air miles or gift cards. PLU Rewards Anchor: In-app redemptions and emissions at a minimum £/€10 value. A Future of Growth and Innovation By the end of 2024, all in-app utilities, except PlutusSwap, will be anchored to a minimum intrinsic value of £/€10 per PLU (e.g., 1 PLU = £10 Gift Card), making external market conditions irrelevant. Starting in Q1 2025, PLU emissions will also align with this £/€10 intrinsic value set by in-app utilities. This approach aligns with Ernst & Young’s forecast of £/€7.90 per PLU in-app, aimed at achieving 100% self-sustainability through our network fee system, FUEL, and establishing a ‘FUD-proof’ model. In a move toward greater transparency, Plutus plans to release its financial model as open-source, enabling public verification and contributing to industry innovation. A Balanced Approach to Transparency Plutus remains committed to transparency and fairness, with a top priority of ensuring the rewards system remains sustainable. The company understands that not everyone will agree with every decision, and that’s okay. Plutus is using this time to focus on what truly benefits the community in the long run. While some long-time customers may not agree with the direction, the company apologises for any disappointment, but to ensure continued benefits for all PLU token holders, the product must evolve. Plutus doesn’t rely on fancy PR firms for polished statements – the company speaks directly and honestly with its community. While there may be missteps along the way, Plutus is committed to improving and ensuring its messages are clear, consistent, and aligned with its values. Looking Ahead Plutus prioritizes maintaining a secure, respectful environment as it prepares for growth and an upcoming Series A funding round with an industry-leading partner. This collaboration will support the 2025 network transition, enhancing Plutus’ tokenomics while safeguarding the community and fostering a positive space for customers who share its values. With Tier 1 network support and funding, Plutus remains committed to transparency and sustainability, ensuring its position as a leader at scale and delivering lasting value to millions of customers.For more details on upcoming features, please visit: Plutus White Paper 2024 About Plutus Plutus is a leading rewards and finance platform, providing lucrative solutions for its community worldwide. Focused on transparency, trust, and organic long-term growth, Plutus empowers everyday card spenders with tokenised loyalty rewards that maximise value in any economy. Contact Plutus Team [email protected]
 
SoSoValue shows that spot Bitcoin ETFs saw six weeks of positive flows. The total assets under management for spot Bitcoin ETFs have reached $95.4 billion. With the cryptocurrency markets surging once again, spot Bitcoin exchange-traded funds (ETFs) resumed their upward pace and had another good week. Data from the crypto monitoring platform SoSoValue shows that spot Bitcoin ETFs saw six weeks of positive flows, with net inflows of $1.67 billion during the trading week of Nov. 11–15. Since spot BTC ETFs started trading in January, the iShares Bitcoin Trust (IBIT) of BlackRock has received $29.3 billion in record inflows, while the Grayscale Bitcoin Trust ETF has lost $20.3 billion. Rising Institutional Interest Consistent with the upward trend in the spot Bitcoin ETF market, other markets such as spot Ethereum ETFs also saw growth, with weekly inflows reaching $515 million, completing a three-week run of positive flows. Over the last three weeks, a total of $682 million has been poured into Ether ETFs. According to SoSoValue, spot Bitcoin ETFs have had six consecutive weeks of inflows totaling $8.95 billion since October 11th. The total assets under management for spot Bitcoin ETFs have reached $95.4 billion, which is 5.27% of Bitcoin’s market value of $1.8 trillion, thanks to these inflows. In the midst of Bitcoin’s historic price surge beyond $90,000 on November 12 and subsequent increases to a new all-time high of $92,400 on November 13, investors kept pouring money into the Bitcoin ETF market. Some investors, including billionaire Paul Tudor Jones, are becoming more involved with spot Bitcoin ETFs. During the third quarter, the hedge fund manager added $130 million worth of IBIT shares to their stakes in BlackRock’s spot Bitcoin ETF. Highlighted Crypto News Today: Nepal FIU Urges Stricter Oversight Amid Rising Crypto Scams and AML Violations
 
Many investors are on the hunt for cryptocurrencies that could deliver substantial returns rapidly. The dynamic world of altcoins presents opportunities for significant portfolio growth for those who can identify tokens with explosive potential. Uncovering these hidden gems could be the key to multiplying investments in a short span. One such promising token is XYZVerse (XYZ), a pioneering memecoin that merges meme culture with sports enthusiasm, uniting fans across various disciplines within its unique ecosystem. 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! Sui (SUI) Sui is a revolutionary layer-1 blockchain platform poised to redefine how we interact with decentralized applications. By harnessing a novel object-centric data model and the secure Move programming language, Sui tackles the inefficiencies that burden current blockchain architectures. This innovative foundation not only enhances security and scalability but also empowers developers with a powerful platform to build cutting-edge applications suited for global adoption. What truly sets Sui apart is its unwavering commitment to user experience. With innovations like zkLogin, sponsored transactions, and programmable transaction blocks, Sui removes common barriers that have long hindered blockchain interactions. These features make applications more accessible and user-friendly, setting a new standard within the Web3 sphere. In a market ripe for solutions that blend robust technology with seamless usability, Sui stands out as an attractive contender. Its unique approach aligns with emerging trends that prioritize both scalability and accessibility, suggesting that Sui could play a significant role in the future of blockchain technology. Pepe (PEPE) PEPE is a deflationary memecoin launched on Ethereum. It’s a tribute to Pepe the Frog, a popular internet meme created by Matt Furie in the early 2000s. Aiming to join the ranks of Shiba Inu and Dogecoin, PEPE keeps it simple with no taxes and no pretense of utility—embracing its memecoin nature. In late April to May 2023, PEPE’s market cap soared to $1.6 billion. Early holders became millionaires, and a strong community formed around the coin. This surge sparked a “memecoin season,” with many new meme-based cryptocurrencies experiencing wild price swings. PEPE’s potential lies in its community and meme appeal. Its roadmap focuses on gaining listings on major exchanges and creating a “meme takeover.” Compared to other coins, PEPE stands out with its no-tax policy and straightforward approach. Polkadot (DOT) Imagine a world where different blockchains can talk to each other without barriers. That’s the vision behind Polkadot and its cryptocurrency, DOT. Polkadot is a decentralized protocol that allows secure communication between blockchains like Ethereum and Bitcoin. It uses a unique technology called parachains to boost speed and scalability, processing transactions much faster than Bitcoin and Ethereum. Launched in 2020 by Gavin Wood, a co-founder of Ethereum, Polkadot aims to create a more interconnected and efficient blockchain ecosystem. DOT isn’t just a token; it’s a ticket to participate in Polkadot’s governance and staking. Holders can help shape the network’s future and validate transactions. In a market where scalability and interoperability are crucial, Polkadot stands out by addressing these challenges head-on. Compared to other cryptocurrencies, DOT offers a promising solution to the limitations of older blockchains. As the crypto market evolves, Polkadot’s technology positions it as a strong contender. For those watching current trends, DOT’s focus on connecting blockchains could make it an attractive option in the ongoing market cycle. Shiba Inu (SHIB) Shiba Inu (SHIB) began as a fun meme coin inspired by Dogecoin, but it’s becoming more than a joke. Launched in August 2020 by the mysterious Ryoshi, SHIB runs on the Ethereum blockchain. This means it can connect with many apps and services on Ethereum. SHIB started with a huge supply of one quadrillion tokens. To build trust, half of these tokens were sent to Vitalik Buterin, a co-founder of Ethereum. Buterin donated a large amount to the India Covid Crypto Relief Fund and burned 40% of the total supply. These actions put SHIB in the spotlight and added to its credibility. Being on Ethereum sets SHIB apart from other meme coins. It allows for advanced features like ShibaSwap, where users can trade and earn with their tokens. Plans are in place for a platform for NFTs and a system where holders help make decisions. These developments give SHIB more uses in the crypto world. In today’s market, SHIB looks promising, especially as interest in Ethereum-based projects grows. While the crypto market can be unpredictable, SHIB’s active community and new features could make it an appealing choice for those seeking something different. Conclusion SUI, PEPE, DOT, and SHIB offer promising growth, but XYZVerse (XYZ) unites sports fans and meme culture, aiming for 20,000% gains—a standout for early adopters. 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 FIU highlighted the growing trend of criminals using crypto. Victims of crypto fraud often refrain from reporting the incident. The Financial Intelligence Unit (FIU) of Nepal has discovered that, despite a government prohibition on trading digital assets, cryptocurrencies are extensively used to plan cyber-related scams. Money laundering, terrorism funding, and other forms of financial crime are closely monitored and combated by the Financial Intelligence Unit (FIU). The FIU is a specialized section of Nepal Rastra Bank, the country’s central bank. The Federal Investigation Unit (FIU) highlighted the growing trend of criminals using cryptocurrency. As a means of money laundering in its “Strategic Analysis Report” published on November 18th. According to the research, police have a hard time tracing and recovering stolen funds. Since criminals often change them into cryptocurrency. It is already difficult to catch fraudsters. And the ease with which they may move cryptocurrency to offshore accounts only makes things worse. Major Suggestions by FIU Also, scams involving cryptocurrency investments are becoming more common among Nepalese nationals. Scammers often use internet ads and social media to reach out to people, promising them huge profits when they don’t even exist. Victims of crypto fraud often refrain from reporting the incident due to the stigmatization of crypto trade. Therefore, underreporting is still an issue due to reasons like shame or fear of consequences. Up to May 2024, around 64% of the fraud reported to Nepalese authorities included some kind of cyber-enablement. Two major suggestions were made by the FIU in response to the increasing cyber threats: first, that financial institutions be trained to recognize warning signs and report them promptly; and second, that crypto transactions be subject to stricter examination. Additionally, the authority suggested that legislative frameworks be updated to deal with digital payment fraud, that inter-agency collaboration be strengthened, and that public awareness be raised to lessen vulnerability to fraud. Highlighted Crypto News Today: Binance Pool Unveils Merged Mining for Fractal Bitcoin
 
XRP has soared to the notable valuation of $1, stirring interest across the crypto landscape. This surge prompts speculation about its potential to climb higher or if other digital assets might overtake its momentum. As market conditions evolve, investors are closely watching for the next opportunity that could reshape the hierarchy of cryptocurrencies. Emerging tokens like XYZVerse are capturing attention by uniting sports fans within a crypto ecosystem and aiming for substantial growth, potentially challenging established players like XRP. Dominate the Field with XYZ: The Next Meme Coin Champion! The game is on, and XYZ is leading the charge in the meme coin arena! This sensational all-sports meme token has hit the market with unstoppable momentum, knocking out weak competitors and scammy cryptos. As it charges ahead, XYZ is set to deliver jaw-dropping gains, leaving the likes of BOME and WIF far behind. With eyes on a staggering 99,900% growth, XYZ is ready to claim the meme coin crown in the next crypto bull marathon! Rule the game, cash in as the bets roll in XYZ is the star player in XYZVerse – the ultimate fusion of sports thrill and meme culture. This community-centered ecosystem is the perfect playground for crypto degens and sports fans alike, offering everything from entertainment apps to prediction markets. Think back to Polymarket’s $1 billion trading volume during the US elections betting frenzy, and now, picture that on steroids with XYZVerse. With millions of sport bettors getting ready to jump in the action, opportunities for early investors in XYZ are really huge! XYZ is currently undervalued, and with major listings on the way, presale participants stand to secure life-changing gains. Don’t miss your shot at being part of the XYZ winning team! XRP (XRP) XRP has experienced a significant surge recently. In the past week, its price jumped by 96.30%. Over the last month, it increased by 101.93%, and in the past six months, it climbed by 104.03%. The current price ranges between $0.52 and $0.64. This remarkable growth reflects growing interest and momentum in the market. Technical indicators suggest potential for further gains. The Relative Strength Index (RSI) is at 54.55, indicating that XRP is neither overbought nor oversold. The Simple Moving Averages over 10 days and 100 days are $1.07 and $0.88 respectively, both above the current price. This could signal an upward trend. The MACD level is positive at 0.0131, hinting at bullish momentum. The Stochastic oscillator stands at 63.16, supporting the possibility of continued price increases. XRP is approaching its nearest resistance level at $0.69. Breaking through this point could push the price toward the second resistance at $0.81, representing a potential gain of over 26%. On the downside, the nearest support is at $0.44. If the price dips to this level, it would mean a decrease of around 15% from the current range. Traders are watching these levels closely to gauge XRP’s next move. MANTRA (OM) MANTRA (OM) has experienced a remarkable surge over the past six months, with its price climbing by 379.05%. In the last month alone, the coin’s value increased by 129.80%, and just this past week, it soared by 154.00%. This significant upward trend highlights strong momentum and growing interest in the market. Currently trading between $1.29 and $1.56, OM is approaching its nearest resistance level at $1.69. Breaking through this point could see the price aiming for the second resistance at $1.96, which is about 25% higher than the current upper range. On the downside, the nearest support level lies at $1.13, with a second support at $0.8568, indicating potential stabilization zones if the price dips. Technical indicators present a mixed outlook. The Relative Strength Index (RSI) stands at 79.99, suggesting that the asset might be overbought and could face a correction. However, the Stochastic indicator is at 85.42, and the MACD level is positive at 0.3018, both pointing toward continued bullish momentum. The Simple Moving Averages over 10 and 100 days are $3.37 and $2.05 respectively, both above the current price. This gap indicates potential room for growth, and moving toward the 100-day SMA could represent an increase of over 30% from the current price range. Ondo (ONDO) Ondo (ONDO) has seen notable price movements recently. Over the past week, its price has risen by 23.33%. In the last month, it climbed by 32.52%. However, over the past six months, it experienced a slight decrease of 2.80%. Currently, ONDO is trading between $0.66 and $0.94. Based on the data, ONDO shows signs of potential growth. Its nearest resistance level is at $1.05. Surpassing this could lead to the next resistance at $1.33. This would represent an increase of around 40% from current levels. On the downside, the nearest support level is at $0.48. Falling to this point would mean a decrease of about 27%. Technical indicators provide mixed signals. The Simple Moving Average over 10 days is $0.96, slightly above the current price range. The 100-day SMA is $0.90. The Relative Strength Index is 47.08, indicating neutral momentum. The Stochastic value is 23.05, suggesting the coin is approaching oversold territory. The MACD level is positive at 0.0016, pointing to potential upward momentum. Jupiter (JUP) Jupiter (JUP) is currently trading between $0.95 and $1.42. Over the past week, its price decreased by 2.43%. In the last month, it surged by 44.62%. Over six months, the price is down by 6.21%. This shows recent positive momentum but some volatility over a longer period. The simple moving average over 10 days is $1.24, and over 100 days is $1.14. The Relative Strength Index (RSI) is at 51.10, indicating a neutral market. The MACD Level is 0.0219, suggesting slight bullish momentum. The stochastic value is 45.06, which is also neutral. Jupiter faces its nearest resistance level at $1.60. Breaking through this could lead to the next resistance at $2.07, representing potential gains of about 13% and 45% respectively from the current high of $1.42. On the downside, the nearest support level is at $0.66, about 30% below the current low. If the price falls past this, the next support is at $0.19. Conclusion While XRP, OM, ONDO, and JUP show potential, XYZVerse (XYZ) may surpass them, uniting sports fans in a community-driven memecoin aiming for 20,000% growth and long-term success. 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.
 
Business intelligence firm MicroStrategy has ramped up its Bitcoin (BTC) investment following President-elect Donald Trump’s victory in the presidential election. This pivotal moment on November 5 has provided a catalyst for the broader crypto market, further encouraging investment in digital assets. Bitcoin Holdings To Over $29 Billion Led by Bitcoin advocate Michael Saylor, MicroStrategy disclosed on Monday that it has acquired approximately 51,780 Bitcoin for around $4.6 billion. This acquisition marks the largest purchase by the company since it began its Bitcoin buying strategy more than four years ago. According to a filing with the US Securities and Exchange Commission, the tokens were purchased between November 11 and November 17. With this latest acquisition, MicroStrategy’s total Bitcoin holdings now exceed $29 billion or 331,200 BTC. Saylor’s journey into Bitcoin began in 2020 as a strategy to hedge against inflation. Initially funded through cash reserves, the company has since pivoted to using proceeds from stock issuances and convertible debt sales to enhance its purchasing power in the cryptocurrency market. Michael Saylor has also reaffirmed his commitment to this strategy. He aims to raise $42 billion over the next three years to further strengthen the company’s BTC portfolio and transform Microstrategy into a leading crypto bank. BTC Yield Rises To 20.4% Amid Market Optimism Recent data from South Korea-based crypto analytics firm CryptoQuant highlights the impact of MicroStrategy’s latest purchase on its Bitcoin statistics: BTC Holdings: Increased from 279,420 BTC to 331,200 BTC MSTR Realized Price: Rose from $42,692 to $49,874 MSTR Market Value to Realized Value (MVRV): Adjusted from 2.12 to 1.80 Percentage of BTC Owned by MicroStrategy: Increased from 1.412% to 1.674% This latest transaction follows closely on the heels of another significant acquisition on November 11, during which Saylor noted that the company’s treasury operations had yielded an 7.3% in Bitcoin, translating to a net benefit of approximately 18,410 BTC for shareholders. However, with Monday’s announcement and the notable uptrend in the Bitcoin price over the past two weeks, Saylor revealed that these metrics have risen to a BTC yield of 20.4% and a net benefit to shareholders of 51,470 BTC. The correlation between MicroStrategy’s stock (MSTR) and Bitcoin’s price has also been particularly noteworthy in recent weeks. Following Bitcoin’s record high of $93,300 on November 13, MicroStrategy’s stock also reached an all-time high of $383. Yet, as the leading digital asset of the market retraced to around $90,650—a 9% increase over the past week—MSTR’s share price also declined to approximately $359 over the past weekend, underscoring the strong relationship between the cryptocurrency and the firm’s stock performance. Featured image from DALL-E, chart from TradingView.com
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