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Binance Pool introduces mining services for Fractal Bitcoin FB coin surged by over 51% in 24 hours. Binance has initiated a new function on its Binance Pool, which allows users to mine Fractal Bitcoin (FB) alongside Bitcoin (BTC) through merged mining. This feature came into effect on November 18, offering additional revenue for users mining BTC on the platform. However, Binance has clarified that the FB token is not added to the exchange listings and this mining service does not guarantee a listing at this time. With the introduced feature, Binance users can take part in merged mining, where miners can mine both Bitcoin and Fractal Bitcoin concurrently. Notably, the FB coins earned as rewards will be credited to an external wallet address provided by the user. This mining mechanism lets users gain additional tokens while mining Bitcoin. This increases their earnings without requiring separate mining efforts for FB. Participation Requirements The users need the appropriate mining equipment and are advised to meet some specific requirements like a mining machine with adequate specification, a stable internet connection, a Binance account with identity verification, and a wallet capable of managing at least 0.1 Fractal Bitcoin for transaction purposes. After these requirements are met, the users can set up their mining pool account on Binance. Besides, the users have been directed to add Fractal Bitcoin to their external wallet on Binance Pool and to monitor their hash rate and earnings. Binance Pool uses a Pay-Per-Last-N-Shares (PPLNS) model for payouts. If earnings fall below 0.1 FB, it will remain in the user’s balance. Fractal Bitcoin’s Surge The announcement of merged mining has fueled the asset’s value. The price of Fractal Bitcoin (FB) has gained over 51.40%, and trading at $6.24. This price hike suggests the asset’s demand and interest. The market cap of FB stays at 438.98 million, and the assets’s trading volume has remarkably jumped by 1481% to $73.53 million. FB opened the day trading at $4.11 and eventually, it ascended to a high of $9.90. The asset has visited its all-time low at $3.83 today. Highlighted Crypto News Mantra (OM) Secures New All Time High with 191% Surge
 
Bitcoin has led the cryptocurrency world for years, but a shift is underway. Other digital coins are gaining momentum and might soon surpass the leader. This article reveals five cryptocurrencies that are poised to outperform Bitcoin in 2024. Discover these emerging contenders that could redefine the crypto market. CYBRO Presale Climbs Past $4 Million: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $4 million. This cutting-edge multichain DeFi platform offers investors unparalleled opportunities to maximize their earnings across various blockchains in any market condition. 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. 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% Ethereum Eyes Recovery: Potential Break Above $3823 Amid Neutral Sentiment and Recent Gains Ethereum’s price is showing signs of recovery with a 6.64% gain over the past week and an 18.50% increase in the last month. Currently trading between $2612.72 and $3504.77, it is approaching the 10-day simple moving average of $3068.60. The RSI at 47.20 suggests a neutral market sentiment. If the price breaks above the nearest resistance level at $3823.66, it could target the second resistance at $4715.71, offering significant potential upside. However, if it dips below the support level at $2039.56, the next support is at $1147.51. The MACD level of -26.07 indicates slight bearish momentum, but recent gains hint at a possible upward trend. Solana (SOL) Eyes Resistance Level After Recent Gains Solana (SOL) is trading between $171.70 and $231.97, showing signs of growth after rising 8.3% in a week and 37.51% in a month. The coin is neither overbought nor oversold, suggesting room for movement. If it breaks above the resistance level at $253.79, the price could climb further. However, some indicators show momentum might be slowing down. Watching if the price stays above the 10-day average of $210.08 and the 100-day average of $213.97 could signal continued upward movement. Reaching the next resistance at $314.06 would mean a significant gain from current levels. TRON Gains Momentum with 47% Growth Over Six Months TRON (TRX) is trading between $0.16 and $0.17, showing strong growth. Over the past week, it gained 13.22%, and over the month, it’s up by 14.18%. In the last six months, TRX has soared by 47.41%. The nearest resistance is at $0.17, with a second at $0.18, which matches the 10-day and 100-day simple moving averages. The Relative Strength Index is at 59.75, indicating room for further growth before overbought conditions. The Stochastic oscillator stands at 89.60, reflecting high momentum. With these positive indicators, TRON may test the $0.18 resistance level soon, potentially increasing its price further if it breaks through. SUI Cryptocurrency Shows Strong Growth, May Continue Upward Trend SUI has seen significant price gains recently. In the past week, its price increased by over 44%, and in the last month, it rose more than 63%. The current price ranges from about $2 to $3.50. The coin is approaching a resistance level at $4. If it rises above this level, the next target could be around $5. If the price falls, the nearest support is at $1.30. The average prices over the past 10 and 100 days are both around $3.20, showing an upward trend. Strength indicators suggest the coin is not overbought. With these factors, SUI may continue its upward movement. Conclusion While established altcoins like ETH, SOL, TRX, and SUI might show steady growth, their short-term potential appears limited. In contrast, CYBRO emerges as a standout opportunity for investors. As a technologically advanced DeFi platform, CYBRO offers unparalleled earning potential through AI-powered yield aggregation on the Blast blockchain. Its features include lucrative staking rewards, exclusive airdrops, and cashback on purchases. CYBRO ensures a superior user experience with seamless deposits and withdrawals. With a strong emphasis on transparency, compliance, and quality, CYBRO is attracting significant interest from crypto whales and influencers, marking it as a promising project in the current market. 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.
 
Quantoz launches MiCA-compliant stablecoins USDQ and EURQ, pegged to USD and EUR. Backed by Tether, Kraken, and Fabric Ventures for strong market entry. Dutch fintech company Quantoz Payments has launched two MiCA-compliant stablecoins, USDQ and EURQ, with backing from Tether, Kraken, and Fabric Ventures. The tokens pegged to the U.S. dollar and euro, aim to provide a regulated and secure option for digital payments across Europe. These stablecoins will debut on November 18 and will be listed for trading on Kraken and Bitfinex starting November 21. The stablecoins operate on the Ethereum blockchain and are fully backed by fiat reserves and highly liquid financial instruments like government bonds. Quantoz holds an Electronic Money Institution (EMI) license from the Dutch Central Bank (DNB), ensuring compliance with MiCA requirements. The firm will also maintain an additional 2% reserve as mandated by MiCA. Tether CEO Paolo Ardoino highlighted the investment as part of Tether’s commitment to innovation in regulated digital assets. Quantoz CEO Arnoud Star Busmann emphasized that these stablecoins bring faster and cheaper payments, catering to corporate and consumer needs. The launch is a significant milestone for regulated digital finance, enabling secure and efficient transactions within the European Economic Area. Quantoz’s Market Opportunity MiCA regulations, set to take full effect in December, aim to foster trust in stablecoin issuers by enforcing strict guidelines. Issuers must maintain a 1:1 fiat backing and segregated reserves overseen by independent foundations. These rules come as the European stablecoin market faces a reshuffle, with non-compliant tokens likely to exit the market. Circle’s EURC and Société Générale’s EURCV currently dominate the euro-stablecoin space, holding 67% market share. However, Quantoz sees an opportunity to expand with EURQ. Stablecoins like USDQ and EURQ can also enhance payment systems and treasury management by offering near-instant settlements. Despite its involvement, Tether has expressed concerns over MiCA’s requirement for stablecoin issuers to hold 60% of reserves in European banks. CEO Ardoino warned this could create systemic risks if banks face instability. Meanwhile, Norway has endorsed MiCA but is still evaluating its potential role in a CBDC-based cross-border payment system. The launch of USDQ and EURQ, supported by prominent players like Kraken and Tether, reflects Europe’s leadership in digital asset regulation. As MiCA reshapes the market, Quantoz positions itself to address gaps in the stablecoin sector with innovative and compliant solutions. Highlighted Crypto News Today Mantra (OM) Secures New All Time High with 191% Surge
 
Dogecoin (DOGE) is consolidating below local highs after an impressive 200% surge over the past two weeks. As the biggest meme coin by market capitalization, DOGE has again captured the spotlight, leading the market with its explosive performance. Top analyst and investor Carl Runefelt recently shared a technical analysis on X, highlighting Dogecoin’s breakout from a bullish pattern. Runefelt emphasized the potential for DOGE to sustain its upward momentum, citing increased demand and positive market sentiment as key drivers. He also shared a short-term price target, suggesting further upside in the coming weeks. Dogecoin’s ability to rally while consolidating above critical support levels demonstrates its resilience and growing popularity. The coin’s strong market presence, driven by community support and investor interest, positions it as a major contender for continued growth. As DOGE consolidates its gains, the coming days will determine whether it can maintain its momentum and climb higher. With analysts predicting further bullish price action, all eyes remain on Dogecoin as it continues to strengthen the meme coin market. Dogecoin Leading The Meme Coin Fever Meme coins have been standout performers in the past few weeks, with several outpacing traditional altcoins regarding gains and market enthusiasm. Among them, Dogecoin has taken center stage, showcasing impressive growth and sparking euphoric sentiment across the crypto community. Its recent rally has reignited interest in the meme coin sector, with many speculating about the next phase of its bullish momentum. Top analyst and investor Carl Runefelt recently shared a compelling technical analysis on X, highlighting Dogecoin’s breakout from a falling wedge pattern to the upside. This pattern, often seen as a bullish reversal signal, has led Runefelt to set a price target at $0.4385—the top of the wedge. If this projection materializes, DOGE could see an additional 18% rise in the coming days, solidifying its leadership among meme coins. However, despite the optimistic outlook, risks remain. Runefelt noted the possibility of a fakeout, where the breakout could fail, leaving bulls vulnerable as Dogecoin continues its current consolidation phase. This could lead to short-term volatility, with traders closely watching for confirmation of sustained momentum or signs of a potential pullback. For now, Dogecoin’s strong performance and clear bullish pattern make it a key asset to watch, with excitement and caution shaping investor sentiment. DOGE Testing Crucial Levels Dogecoin is trading at $0.371, marking its highest level since May 2021 and signaling a resurgence in bullish sentiment. The price recently retraced from local highs set last Tuesday, yet DOGE appears ready to keep pushing upward as it tests crucial demand levels. These levels are critical for establishing a foundation to fuel a move toward new highs, potentially reigniting excitement among meme coin enthusiasts. The retracement is a healthy pause following DOGE’s impressive rally over the past two weeks. Traders and analysts closely monitor the price action, as a successful hold above these demand levels could act as a springboard for the next leg up. However, caution remains as the broader crypto market looks to Bitcoin and Ethereum for direction. The market awaits confirmation of Bitcoin and Ethereum’s continued bullish momentum to solidify the next phase of the broader rally. Without this, DOGE could face further consolidation, leading to sideways trading as investors assess market conditions. Featured image from Dall-E, chart from TradingView
 
Bitcoin’s price surge has gained momentum following the election of Donald Trump as the next U.S. president. With the cryptocurrency currently trading just below $90,000, analysts are predicting that Bitcoin could reach $125,000 before Trump’s inauguration in January 2025. This increase in value is due to the rising demand for Bitcoin ETFs, continued demand from institutional investors as well as Trump’s campaign which supports cryptocurrency. Other altcoins include DTX Exchange (DTX), with fancied investment from investors because of the hybrid trading system. Bitcoin’s Bull Run Driven by ETF Demand and Institutional Inflows That Bitcoin’s price has risen this year can be attributed to the new spot Bitcoin ETFs that were introduced in January. These funds have attracted a lot of institutional investments, and BlackRock’s iShares Bitcoin Trust (IBIT) has attracted more than $40 billion. Consistent accumulation of funds into Bitcoin ETFs indicates extending trust in Bitcoin as an investment tool among many people who recognize it as “digital gold.” In the days following Trump’s win, trading volume in a bitcoin ETF has grown, with record-setting inflow observed post the election. The report from Farside Investors showed that US spot Bitcoin ETFs received nearly $2bn in funds within just two days to back up Bitcoin’s price. Also, the rising demand for call option in $110K and $120K strike price proves that many traders believe the price of Bitcoin is set to rise even higher. Bitcoin’s Price Outlook: Path to $125,000 Supported by Market Indicators The technical analysis of the Bitcoin price of around $87,600 boosting a continuous high and CD also shows the same. However, the Relative Strength Index (RSI) is at 80 this makes the overbought level and the asset price might be due for a pullback within the short time frame. The $78,807 is cited as a possible support level in the case of bulls’ retracement. Nonetheless, market conditions are expected to grow even more positively over the long term despite near-term prices highly likely to be subjected to further fluctuations. According to a recent report by QCP Capital, signifying a slight shift in capital from gold to Bitcoin is possibly going to raise its value, and in theory, go towards $97000. Now that institutions are interested and the retail traders are getting interested again, many think that $125,000 is reachable in the upcoming months. DTX Exchange Captures Attention with Unique TradFi-DeFi Model The dominant player in the market stays Bitcoin, however, the DTX Exchange seems to be a relatively new ambitious player in the market. Currently, in its presale, DTX has generated over $7.5 million of its revenue through selling DTX tokens for $0.08 each. DTX combines both CEX and DEX allowing trading with a variety of instruments, including crypto, stocks, and forex. DTX exchange functions on the VulcanX blockchain it provides customers with leverage up to 1000:1 and non-custodial wallets as well as over 120K tradable assets. One of the key aspects that attracted the investors to the platform is its potential as a unifier of TradFi and DeFi space. As DTX continues to gear up for the public launch, expectations for its performance reveal that there could be up to a 75 times growth in the token price once the launch is complete. Growing Market Interest in DTX Ahead of Public Listing The dominance of Bitcoin has remained a possibility for a long time but DTX Exchange is one of the young platforms in the cryptocurrency business. The platform is still in its presale stage and airdropped over $7.5 in its DTX tokens where buyers could purchase them for $0.08 on average. DTX combines both CEX and DEX trading services, as it focuses on cryptocurrencies, stocks, and forex slices. Established on the custom-developed VulcanX blockchain, the DTX Exchange provides up to 1,000x leverage, non-custodial wallets, and transactions with more than 120K assets. The fact that the platform connects TradFi to DeFi has made investors happy and has seen the company as a game changer in the crypto space. Great expectations for DTX as the firm continues to gear up for its public debut; some believe that there will be a 75 times increase in the tokens’ value as it goes public. Learn more: Buy Presale Visit DTX Website Join The DTX Community Whitepaper Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
 
As the cryptocurrency market heats up, analysts are forecasting significant surges for leading digital assets. Ethereum is predicted to reach new heights, potentially crossing the $6,000 threshold. Dogecoin, the popular meme-inspired coin, might climb to $2. Amid these projections, a new contender in the crypto space is drawing attention, promising impressive growth and capturing the interest of investors eager for substantial returns. XYZVerse (XYZ), the first all-sport memecoin, unites fans from football to esports in a unique ecosystem, aiming to outperform previous successes with community-driven momentum. 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 (ETH) has had a mixed performance recently. In the past week, its price slipped by almost 1%. However, over the past month, it climbed by over 19%. Looking back six months, the price is down by about 15%. Currently, Ethereum’s price ranges between $2,612.72 and $3,504.77. The closest resistance level is at $3,824. If it breaks through this level, the next target could be $4,716. On the downside, the nearest support is at $2,040. If the price drops below this, the next support is at $1,147.51. If Dogecoin breaks through the resistance level of $0.39, it could aim for the second resistance level at $0.5425. This would be an increase of about 64% from the current price. However, if it falls below the support level of $0.0904, the price could drop significantly. The Simple Moving Averages for 10 and 100 days are $0.36 and $0.37, respectively, suggesting that the price is slightly below these averages. The MACD level is -0.0015, indicating a potential for upward momentum. Dogecoin (DOGE) Over the past week, Dogecoin’s price surged by 65.22%. In the last month, it jumped by 178.84%. Looking back six months, the increase is 119.56%. These figures show significant growth in a short time. Based on this data, the trend suggests that Dogecoin might continue to rise. The current price range is between $0.18 and $0.33. The nearest resistance level is at $0.39, and the nearest support level is at $0.0904. The Relative Strength Index is at 49.29, which is close to neutral, indicating the market is not overbought or oversold. If Dogecoin breaks through the resistance level of $0.39, it could aim for the second resistance level at $0.5425. This would be an increase of about 64% from the current price. However, if it falls below the support level of $0.0904, the price could drop significantly. The Simple Moving Averages for 10 and 100 days are $0.36 and $0.37, respectively, suggesting that the price is slightly below these averages. The MACD level is -0.0015, indicating a potential for upward momentum. Conclusion While ETH and DOGE are set for growth, XYZVerse (XYZ) emerges as a pioneering sports memecoin aiming for a 20,000% surge by uniting fans in a dynamic 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 crypto space has been going through a massive pullback, but it is clear that the currency market is preparing for an important bull run. Among the promising coins, Rexas Finance ((RXS), Solana (SOL), Aptos (APT), Litecoin (LTC), and Chainlink (LINK) are likely to do exceptionally well in the next 4 months. Rexas Finance (RXS): Changing the Tokenization of Assets Rexas Finance is one of the companies spearheading the tokenization of real-world assets, allowing investors to buy fractions of shares from expensive assets such as property, fine art, and various copyrights. RXS, contrary to many speculative tokens, rides on strong utility and innovative aspects. During presale, RXS surpassed its target of $8.6 million, with sales of 155 million tokens being completed. From $0.03 in Stage 1 of the token sale, the price rose to $0.08, while initial exchange rates for the coin are expected to reach $0.20. In addition, the token of Rexas has already been listed on CoinMarketCap and CoinGecko, which has increased interest in the project. The tools served by the RXS ecosystem, such as the Rexas Token Builder, AI integration, and DeFi, provide a comprehensive package for investors. Also, the pause due to the $1 million giveaway campaign allows the community to have strong ties, making RXS a force to be reckoned with in the market. Predicted at $15 within a few years, RXS is something that every investor should buy if they want to enjoy the bull run. Solana (SOL): Blockchain With the Biggest Potential Solana has also emerged as a rival in the blockchain world with its impressive updates of low fees and high transaction rates. Today, its price is $212.49, with a market capitalization of more than one hundred billion. The ecosystem supports thousands of dApps and has become the hub for numerous NFT projects. Solana can now reach a new price peak of $260 in the next bull cycle due to its increasing use on the DeFi and NFT platforms. In portfolios, the Transactions Per Second of Solana stands at 65,000, which has made it a darling among developers and investors. Aptos (APT): The Layer-1 Blockchain Revolution Aptos is gaining quite the attention for its consensus mechanism and scalability coined as the ‘Solana killer.’ Currently, with a price tag of $12.04 and a market capitalization of $6.4 billion, Aptos has great prospects for exponential growth. The emphasis is on building the Aptos blockchain for the end-user experience with integrated developer tools for quick market penetration. With over a dozen partnerships and even more dApps in the making, there is a simple bullish narrative forming for Aptos to take advantage of the coming bull run. It would not be surprising if the APT token goes past $20 in the next few months. Litecoin (LTC): Litecoin More Stable Cryptocurrencies Litecoin has always been seen as a more stable cryptocurrency and the recent activities only seem to complete the picture. Litecoin’s current price is sitting at a whopping $83.80, and it lets users enjoy low transaction fees and quick transaction times, which makes it more practical for people in everyday situations. The estimated Litecoin halving event in 2025 could result in plenty of price movement when the supply decreases. And given its past history and current rate of adoption, Litecoin will make a good addition to any portfolio in this bull run. Chainlink (LINK): Enabling Smart Contracts to Start Chainlink emphasizes economic stability in a decentralized manner by solving the questions of data integration into a smart contract. As of now, LINK is being sold at a $13.47 price point with a market cap of about $8.4 billion. In the future, LINK will be a vital link in the expansion process of decentralized financial services. The Chainlink staking feature is expected to become life soon, and continued partnership with leading players in the blockchain ecosystem should create a lot of interest in LINK. Some analysts believe this increase in popularity in the DeFi sector means a price jump for LINK is due, putting it between $25-$30. Conclusion: RXS is the Most Promising One Even though each of these coins has its respective advantages, Rexas Finance (RXS) shines the brightest due to its revolutionary concept of tokenizing real-life assets! Given the clear development strategy, community relations, and successful performance during the presale stages, RXS Token has every chance to become the market leader in the next bull run. Investors wanting to ride the bull wave will find these five coins—RXS, Solana, Aptos, Litecoin, and Chainlink—provide a well-balanced mix of speculation and utility across the investor base. This trend will only get stronger as the bull cycle deepens. 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.
 
Charlestown, Saint Kitts and Nevis, November 18th, 2024, Chainwire WeFi, the next-generation financial platform dedicated to reimagining access to global financial tools, successfully holded the highly anticipated Token Generation Event for its native $WFI token on Friday, November 15th. Following the TGE, $WFI debuted on Bitmart on November 18th, opening up new avenues for participation and interaction within the WeFi ecosystem. The $WFI token is the lifeblood of WeFi’s ecosystem, which seeks to empower users with a seamless blend of DeFi and traditional financial tools. Initially launched on Binance Smart Chain (BSC), $WFI will soon migrate to WeFi’s own WeChain blockchain, where it will power everything from liquidity pools and transaction fees to staking and advanced dApps. With a fixed supply of 1,000,000,000 tokens, $WFI was engineered to foster a unique ecosystem that values community participation and sustainable growth over quick gains. The TGE for $WFI embodies WeFi’s commitment to a Fair Launch model, ensuring that all participants have equal access to the token from the outset, without the advantage of pre-sale allocations or VIP access. This Fair Launch approach aligns with WeFi’s mission to create a Financial ecosystem rooted in transparency and inclusivity, making $WFI accessible to a broad community of users. A key feature that sets WeFi apart is its non-custodial account system, which seamlessly bridges Web3 and traditional banking. Users maintain full control of their digital assets while enjoying everyday banking convenience: their Web3 wallet connects directly to a non-custodial bank account linked to a credit card, enabling automatic spending from their crypto holdings without manual top-ups. This means users can spend their digital assets as easily as traditional currency while retaining complete custody of their funds. This non-custodial design is expected to be a defining feature for WeFi, empowering users with secure, self-managed access to $WFI and positioning WeFi as a forward-thinking platform in the DeFi space. A central pillar of WeFi’s approach is the Initial Technology Offering, or ITO platform, which facilitates community-driven token distribution through ITO nodes. These nodes allow early adopters to mine $WFI while also granting access to exclusive WeFi services, early listings, and additional rewards – creating a multi-faceted engagement model. Since its inception, the ITO platform has seen remarkable activity, with over 35 million $WFI tokens already minted, reflecting robust community support and interest in WeFi’s vision. Through ITO nodes, WeFi doesn’t just focus on mining but builds a network of committed users actively participating in the platform’s growth and evolution. The $WFI listing on Bitmart at 11 AM UTC on November 18 kickstarted the journey. The deposits were opened on November 16 at 11:00 AM UTC, and withdrawals will be available starting November 19 at 11:00 AM UTC. This initial launch will boost liquidity and create new entry points for users globally, amplifying the reach of WeFi’s ecosystem. As WeFi advances, the platform’s development roadmap includes further integration with the WeChain blockchain and the continued rollout of Neobank services. This TGE marks a significant chapter in WeFi’s journey to create a community-driven ecosystem that combines financial freedom with robust utility, thus signaling a new era of possibilities for decentralized finance. About WeFi WeFi is a pioneering global blockchain ecosystem and intelligent data platform dedicated to transforming finance through the integration of AI and blockchain technology. Focused on building a more inclusive and accessible financial system, WeFi leverages AI-driven nodes to analyze transactional patterns, proactively prevent financial crime, and deliver transparency, interoperability, and real-time insights to the global finance and fintech sectors. Through its Initial Technology Offering (ITO), WeFi invites early adopters to participate in the ecosystem, earning rewards while contributing to its mission of democratizing finance and setting new regulatory standards worldwide. For more information, users can visit WeFi’s ITO website at wechain.ai or follow us on X for updates on $WFI and the WeFi ecosystem. Contact WeFi [email protected]
 
An investor who made a fortune with XRP is now turning to a new digital coin called CYBRO. There are talks that CYBRO might jump from $0.03 to $35 when it starts trading. This bold move has caught the eye of many, stirring interest in what could be the next big thing in crypto. CYBRO Presale Achieves $4 Million Milestone: A Unique Multichain DeFi Solution CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $4 million. This multichain cutting-edge platform offers investors unparalleled opportunities to maximize their earnings across various blockchains in any market condition. 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 an exciting development, CYBRO has also launched a referral program, offering 12% from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are sent weekly in USDT, and referees earn double CYBRO Points on their first deposit using the referral code. In addition to tokens, CYBRO introduces exclusive Points, providing even greater benefits for investors. These Points grant automatic entry into the CYBRO Airdrop, where the number of tokens you receive is proportional to the Points you hold. Up to 1 million Points are distributed weekly, earned by investing 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% XRP: A Fast, Low-Cost, and Borderless Cryptocurrency XRP is a digital currency that operates on the XRP Ledger. It is designed to be fast, low-cost, and open. Transactions are borderless and resistant to censorship or counterfeiting. XRP works on a decentralized system without a central authority, making transactions secure and irreversible. Users don’t need a bank account to settle transactions. The creators of XRP are Jed McCaleb, Arthur Britto, and David Schwartz. When XRP was launched, there were 100 billion coins, and 80 billion were given to Ripple to support development. Ripple uses XRP to improve network liquidity and support the ecosystem. They placed 55 billion XRP in escrow to control the supply. The name XRP comes from “ripple credits,” highlighting its goal to ease payment transfers across currencies. Conclusion While established coins like XRP offer stability, their short-term potential seems limited. In contrast, CYBRO stands out in the DeFi sector. It uses AI-powered yield aggregation on the Blast blockchain to maximize investor earnings. Features such as attractive staking rewards, exclusive airdrops, and cashback on purchases enhance the user experience. Deposits and withdrawals are smooth and hassle-free. With a focus on transparency, compliance, and quality, CYBRO has attracted strong interest from crypto whales and influencers. This positions CYBRO as a promising project with significant growth prospects in early trading. 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.
 
Cardano (ADA) is in the spotlight as a strong bullish rebound from the $0.6822 support level has reignited traders‘ optimism. This comeback marks a possible turning point for ADA, with renewed momentum driving the price higher and signaling a resumption of its uptrend. As buying interest strengthens, market sentiment appears to be shifting in favor of the bulls, raising the question: how far can Cardano climb in the coming days? All eyes are now on key resistance levels as ADA’s rally gains steam, fueling hopes for sustained growth. This analysis aims to delve into Cardano’s recent rebound from the $0.6822 support level and its implications for the asset’s future trajectory. By examining key technical indicators, market sentiment, and potential resistance levels, this piece seeks to assess whether ADA’s momentum can sustain its upward trend or encounter challenges along the way. Market Sentiment Shifts: Are Bulls Back In Control? Presently, ADA is demonstrating renewed positive strength after rebounding from the $0.6822 support level, steadily advancing toward the $0.8119 resistance level. This recovery indicates a significant shift in sentiment, with buying pressure triggering more price growth. Notably, Cardano is trading above the 100-day Simple Moving Average (SMA) on the 4-hour chart, which not only reinforces the bullish trend but provides a strong foundation for further gains if ADA successfully breaks above the $0.8119 resistance. An examination of the 4-hour Relative Strength Index (RSI) shows that the RSI is trying to climb back above the 70% threshold after experiencing a decline to 57%, signaling a resurgence in buying pressure, reflecting renewed bullish momentum in the market. A break above the 70% level would indicate strong overbought conditions, suggesting robust demand and the potential for more price gains. Also, the daily chart reveals strong upward movement for ADA, marked by the formation of a bullish candlestick as it recovers from the $0.6822 level. Trading above the crucial 100-day SMA reinforces the positive trend, indicating sustained strength. As Cardano continues to climb, it bolsters market confidence, setting the stage for growth. Furthermore, the daily chart’s RSI is currently at 80%, indicating robust optimistic sentiment as it remains above the 50% threshold. This surge follows a brief dip to 60%, showing that buying pressure has returned. While the high RSI suggests the asset is overbought, it also signals continued strength, pointing to possible gains. Next Targets For Cardano: Can The Rally Sustain Its Pace? ADA has demonstrated strong bullish momentum after bouncing from the $0.6822 support level, advancing toward the key resistance at $0.8119. Its ability to stay above the 100-day SMA on the 4-hour chart suggests sustained strength, signaling that Cardano could maintain its upward movement. A successful break above the $0.8119 resistance could propel the price toward the $1.26 resistance level, setting the stage for a price spike. However, if the rally faces difficulty breaking through the $0.8119 resistance, it may result in pullbacks or consolidation, shifting focus toward key support levels.
 
With the crypto market being hyped up post US-election resulting in gains such as those of Dogecoin (DOGE) and Near Protocol (NEAR), market makers are strategically moving their profits to a new opportunity: DTX Exchange (DTX). Although DOGE is still one of the top meme coins and NEAR is gaining momentum as a Layer-1 blockchain, both have seen an increase in market activity. Thus investors are turning their eyes to DTX Exchange which promises a mind boggling 9,700% return after launch. Dogecoin (DOGE): Profit-Taking After an Explosive Rally The memecoin powerhouse Dogecoin has been riding high in the past few weeks, and while the monthly price is showing an over 190% increase, it’s still down from 2021 highs. Currently trading at $0.37, its tempo may be slowing down. With level capped gains, market participants are cashing out and focusing on projects with even higher upside potential and real world utility. The skyrocketing price tag of DOGE demonstrates the continued need for low cost, engagement heavy cryptocurrencies. Yet today, its value implies that much of the high upside potential that was seen in earlier phases may be hard to repeat in the coming times. Near Protocol (NEAR): A Layer-1 Leader Fuels Market Rotation Meanwhile Near Protocol, a Layer 1 blockchain which is well known for its scalability and ease of development, also saw a strong rally with prices trading around $5.45. NEAR is a DeFi and Web3 hub which captivates investors because it provides a user-friendly blockchain experience, quick transactions and an active developer community. But as always, profit rotation is beginning to crop up and Near Protocol is losing its investor’s interest. NEAR doesn’t have a lot of room for upside in the short term, but does have solid fundamentals, both retail and market makers have moved their focus to other assets with massive growth potential in the coming period. DTX Exchange (DTX): The Future of Trading Poised for a 9,700% Surge DTX Exchange offers a hybrid platform that combines the elements of a centralized (CEX) and decentralized (DEX) exchanges. Built on a proprietary Layer-1 blockchain, DTX allows access to over 120,000 asset classes ranging from stocks, bonds, commodities as well as cryptocurrencies for the users. Its VulcanX blockchain also provides non custodial storage solutions and is attractive to a user who wants to have robust security while also having access to a broad range of assets. DTX exchange’s projected 9,700% increase is backed by its incredible presale. Since its launch, the platform has had a significant amount of funding raised, surpassing $7.8 million in funds already raised. With its token priced at a very attractive $0.10 in the 5th round, its value is excellent given the imminent Tier-1 exchange listing plus. Conclusion DTX Exchange is poised for a bright future ahead. With an accessible entry price, strong fundamentals, and a growing demand for innovative trading solutions, DTX is incentivizing investors to rotate funds from popular coins like DOGE and NEAR. If the projections hold true, DTX could emerge as one of this year’s top crypto investments by transforming trading and connecting the DeFi and TradFi ecosystems. If you use the promo code SELLSTAGE, you will get an extra 100% on your deposit! Buy Presale Visit DTX Website Join The DTX Community Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
 
Mantra has experienced a 191% gain in the past seven days. OM trades at $4.18, with its ATH standing at $4.47. The crypto market is moderately bullish, with the total market cap settled at $3.09 trillion. The largest cryptocurrency, Bitcoin, trades at $91.8K. The asset’s dominance led the altcoins to surge. While Ethereum (ETH) rests at the $3.1K mark. Investors are focusing on the promising altcoins, as the alt-season is looming. Among the altcoins, MANTRA (OM) has hit its all-time high at $4.47 and is listed in the top five gainers. The asset’s positive outlook with a 25.52% gain drove it to trade higher for the day. As of writing, OM is traded at $4.18 with a market cap of $3.73 billion. During this timeframe, CMC data revealed that Mantra’s daily trading volume was $769 million. Meanwhile, the asset has witnessed a 24-hour liquidation of $7.64 million. Over the past seven days, Mantra has gained over 191%. It began trading at $1.39. The mid-week high is marked at $1.84, and the asset steadily soared to the current price levels. On the other side, a whale has deposited 600K OM worth $2.55 million to Binance. The whale had previously withdrawn 1.49 million OM in June 2023. With 889K Mantra valued at $3.76 million still held, its estimated profit stands at $6.26 million. Notably, whale activity has increased as the asset’s price hikes. As per on-chain data, on Nov 16, a whale withdrew 1.2 million OM from Binance. The whale’s estimated profit now stands at $36.94 million. Can OM Keep Its Bullish Trend Alive? OM’s Moving Average Convergence Divergence (MACD) line rests above the signal line, inferred by the four-hour technical chart. It suggests the upside pressure and an impending positive sentiment. OM chart (Source: TradingView) Besides, the Chaikin Money Flow (CMF) indicator is located at 0.21, indicating a positive money flow with buyers steering the market. Meanwhile, the trading volume of OM has surged by over 33.85%. According to analysts, if the asset’s positive sentiment remains strong, it can effortlessly break the all-time high. While assuming an extended gain of OM, the asset’s bull might lead the price to a potential $5.40 mark. This upside trajectory of the asset could even trigger the price to hit $7. On the support side, if a bearish trajectory appears, the asset’s price could slide to $3.62. Further declines in Mantra might push the price to plummet even lower to the $1 range. Moreover, the asset is in the overbought territory in the market, as suggested by the daily relative strength index (RSI), situated at 82.82. In addition, the daily frame of Mantra exhibits the short-term 9-day MA above the long-term 21-day MA. Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing. Highlighted Crypto News Is Ethereum (ETH) Setting Up for a Trend Reversal?
 
XLM hits $0.2550, the highest since February 2022. Overbought RSI signals potential price correction or consolidation ahead. Stellar (XLM) has achieved a new milestone, surpassing $0.2550 for the first time since February 2022, marking an 18% surge in the last 24 hours. Over the past week, the cryptocurrency has soared by an impressive 120%, despite a 35% dip in trading volume during the same period. The surge in XLM’s price coincides with broader market activity following Donald Trump’s reelection as the United States President, a development that has bolstered pro-crypto sentiments. XLM has rallied over 160% since the election, though analysts caution that the bullish trend might be nearing exhaustion. Meanwhile, from a technical perspective, XLM’s weekly Relative Strength Index (RSI) has reached 81, its highest level since February 2021. An RSI above 70 indicates overbought conditions, raising the likelihood of a price correction. Adding to the caution, XLM is consolidating near the $0.2757 resistance level, aligned with the $0.268 Fibonacci retracement. A failure to breach this resistance could lead to a retracement toward the $0.1668 – $0.1457 support range. However, historical trends offer room for optimism. In 2021, XLM gained 900% within six months after reaching an overbought RSI. XLM and XRP Prime Time? Stellar’s fundamentals remain strong, particularly with its association with Ripple Labs’ XRP. Both cryptocurrencies are under scrutiny by the U.S. Securities and Exchange Commission (SEC), which classifies them as securities. Trump’s promise to replace SEC Chair Gary Gensler with pro-crypto regulators has further fueled speculative trading activity. XLM Price Chart, Source: Sanbase Social sentiment has also played a role in XLM’s recent rally. Data from LunarCrush highlights a surge in social mentions and engagement, with it becoming the top coin by social activity on 23 October. Despite the bullish momentum, overbought indicators and high volatility suggest caution for traders. While XLM’s near-term trajectory appears uncertain, the ongoing rally underscores the market’s resilience amid shifting political dynamics. Highlighted News Of The Day NFT Weekly Sales Surge 94% Amid Overall Crypto Market Rally
 
For the week, Ethereum’s NFT sales reached $67 million, a 111% rise over the previous week. The average value of an NFT transaction increased significantly, with growing sales volumes. The substantial advances in the cryptocurrency market drove a weekly sales volume of $181 million for non-fungible tokens. According to statistics compiled by CryptoSlam, a digital collectibles tracker, NFTs sales volume recorded for $181 million in the seven days ending November 17th. Compared to the previous week, when NFTs only made $93 million in sales, the data reveals a 94% rise. For the week, Ethereum’s NFT sales reached $67 million, a 111% rise over the previous week, putting it in first place among all blockchains. Close behind, Bitcoin had a 115% week-over-week increase in NFT sales, reaching $60 million. Meanwhile, a total of $45.5 million was generated in sales for Solana, Mythos Chain, Immutable, Polygon, and BNB Chain in a single week. The average value of an NFT transaction increased significantly, with growing sales volumes. A week ago, the average value of an NFT sale was $71.11. This week, it jumped 87% to $133.08. Recovery Mode Underway The market had a recovery, ending its decline in the monthly sales charts, which coincided with the spike in weekly NFT sales volume. October sales of digital collectibles reached $356 million, an increase of 18% from September’s record monthly low of about $300 million for NFTs. As a result, digital collectibles have broken a seven-month slump. Not only did sales volumes rise in October, but NFT transactions did as well. With a 42% rise over the previous month, the total number of NFT transactions for the month hit 7.2 million. The overall cryptocurrency markets have been trending upward, which has coincided with the meteoric rise in NFT sales volumes. Crypto markets, topped by Bitcoin, surged in the days after the US elections. Highlighted Crypto News Today: BlackRock Secures Commercial License in Abu Dhabi, Eyes AI Expansion
 
The firm would prioritize private markets and AI infrastructure as per BlackRock’s head of the Middle East. This is in line with Abu Dhabi’s larger efforts in artificial intelligence. A business license to do business in Abu Dhabi, the capital of the UAE, has been granted to BlackRock, a global financial corporation that also issues spot Bitcoin exchange-traded funds (ETFs). The clearance, which was issued on November 18th, demonstrates BlackRock’s desire in expanding into the crypto-friendly region, according to Bloomberg. Crypto firms such as Blockdaemon, M2, and Laser Digital call Abu Dhabi’s Abu Dhabi Global Market (ADGM) home. And the company is looking to get a license to operate there as well. No mention of digital assets or crypto was made by BlackRock in the report. Even though the UAE is a well-known crypto hotspot. Eyeing AI Expansion According to a statement sent to Bloomberg by Charles Hatami, BlackRock’s head of the Middle East, the firm would prioritize private markets and AI infrastructure. This is in line with Abu Dhabi’s larger efforts in artificial intelligence. Microsoft revealed its $1.6 billion investment in G42, an artificial intelligence tech holding firm located in Abu Dhabi, on April 16. Global and regional advancements in artificial intelligence are the stated goals of the initiative, according to the tech giant. As part of its AI development globally, Microsoft also announced on September 17 that it would be opening two centers in Abu Dhabi. The first hub would fund AI initiatives that address “key societal goals,” while the second would work to establish norms for ethical AI use in the business world. Beyond securing an operating license, BlackRock has been mum about its intentions for the UAE. “Abu Dhabi has become a global financial center,” Hatami remarked. He went on to commend the region’s administration for their aggressive and dedicated approach. Highlighted Crypto News Today: Will XRP Reach $1.50 as Price Rallies 7% Continuing Bull Run?
 
Polter Finance lost over $7 million in a Crypto hack after the attacker used TornadoCash to move funds from Ethereum to the Fantom blockchain. The platform paused operations and, which was alerted by Cyvers Alerts, is working with authorities to trace the stolen assets and prevent future attacks. Polter Finance, a platform that lets people borrow and lend cryptocurrency caught into a Crypto hack on November 18, 2024, and over $7 million was stolen. How the Crypto Hack has Happened The hacker used TornadoCash, which lets people send cryptocurrency. Which is to hide where the stolen funds came from. They first moved the money from Ethereum (another blockchain) to the Fantom blockchain. Where Polter Finance operates. Once the money was on Fantom, the hacker used a weakness in Polter Finance’s system to steal over $7 million in digital assets. What Polter Finance Did Next Once Polter Finance realized what had happened through Cyvers alerts , it quickly paused its platform to prevent more money from being stolen. It also notified services that help move assets between different blockchains to prevent the stolen funds from spreading further. Polter Finance traced the stolen money to some wallets linked to Binance, a major cryptocurrency exchange. The team is now working with authorities to figure out exactly how the hack happened and try to recover the stolen funds. Experts believe the attack could have happened because of an “empty market” problem. It happens when a market has very few buyers or sellers. By making it easier for hackers to manipulate the system. Others think the problem might have been caused by incorrect price data used by the platform. This hack shows the risks of using platforms that allow cryptocurrency to be moved between blockchains. Especially when privacy tools like TornadoCash are involved. These tools let hackers hide their identities, making it harder for platforms to track stolen funds. The DeFi industry must improve security to protect against future attacks like this. What’s Next for Polter Finance? Polter Finance is still investigating the hack. They have even contacted the hacker, offering to drop legal action if the stolen money is returned. The platform is currently paused while they work to fix the problem. This incident reminds us that while DeFi offers many opportunities, it also comes with risks. The Polter Finance team is working hard to solve this issue, but better security is needed across the industry to keep users safe. Highlighted Crypto News Today Will Solana Bulls Push the Price to Its All-Time High?
 
HBAR’s price rose 43%, with a market cap reaching $4.49 billion. Speculation grows about Brian Brooks becoming the next SEC chairman. Hedera ($HBAR) has seen a remarkable price surge, climbing by 43% in one day. Its current price stands at $0.1191, with a 37.84% increase in market capitalization, now at $4.49 billion. The trading volume surged by 29.33% to $1.21 billion, showing strong investor activity. The market cap ratio of 26.05% highlights the high trading momentum. This growth comes alongside key developments that have caught the market’s attention. Notably, speculation is rising about HBAR board member Brian Brooks potentially becoming the next chairman of the U.S. Securities and Exchange Commission (SEC). Brooks, a former CEO of Binance US and previously nominated by President Donald Trump for Comptroller of the Currency, is considered a top candidate for this influential role. If appointed, Brooks’ familiarity with blockchain and cryptocurrencies could create a more crypto-friendly regulatory environment, boosting investor confidence in assets like HBAR. In parallel, Canary Capital filed with the SEC to list a Hedera-focused exchange-traded fund (ETF), proposing broader accessibility to U.S. investors. This ETF filing, combined with the possibility of a crypto-savvy SEC chair, further strengthens the bullish sentiment around Hedera. Technical Levels for $HBAR HBAR’s technical indicators reveal strong bullish momentum. The price is breaking out of a symmetrical triangle on the weekly chart, supported by increasing trading volume. Consecutive large green candles indicate strong buying pressure. This suggests a continuation of the upward trend in the short term. Key resistance levels for HBAR are at $0.1331 and $0.1372. If these levels are breached, the next target is $0.1562, with no significant resistance beyond that. To maintain its upward trajectory, these resistance levels must transform into support. The Relative Strength Index (RSI) for HBAR stands at 89.20, indicating overbought conditions as it crosses the typical overbought threshold of 70. This suggests strong buying momentum, but a potential cooldown or correction could follow if the RSI remains elevated for too long. The RSI average, calculated over a 14-day period, is currently 65.98. This value shows a steady upward trend in momentum, reflecting a gradual increase in buying interest over time. The Moving Averages (MA) provide further bullish signals. The 9-day MA is at $0.07461, and the 21-day MA is at $0.05911, with the shorter-term MA positioned significantly above the longer-term one. This bullish crossover is a strong indicator of an upward trend, signalling the potential for continued price growth. Highlighted Crypto News Today Will XRP Reach $1.50 as Price Rallies 7% Continuing Bull Run?
 
On November 18, ABGA announced a partnership with Animoca Brands to jointly co-host the Kaia Demo Day hosted by Kaia and LINE NEXT. Serving as a key platform for showcasing Kaia Ecosystem projects, this collaborative Demo Day will offer innovative projects within the Kaia Ecosystem an invaluable opportunity to demonstrate cutting-edge Web3 technologies, helping developers expand their resources, gain industry recognition, and drive global adoption of Web3 technology. The partnership will fully leverage ABGA’s extensive Web3 resources and Animoca Brands’ technical and ecosystem advantages, aiming to accelerate Web3 ecosystem innovation and lay a strong foundation for the future development of blockchain technology. Both parties expressed a commitment to empowering emerging projects and creative talents through resource sharing and strategic collaboration, supporting the steady growth of the decentralized ecosystem. About ABGA ABGA is a groundbreaking club centered around Web3 games, supported by prominent institutions in the Web3 industry. By integrating the collective strength of the Asian gaming industry, ABGA is dedicated to shaping a promising future for the global Web3 gaming arena. X (Twitter): https://x.com/ABGAasia Website: https://www.abga.asia/ 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.
 
Mentzen said on X that he would make Poland more crypto-friendly as president. May 2025 is when Poland’s presidential elections will take place. Similar to a pledge made by US President-elect Donald Trump throughout his campaign, Polish presidential candidate Sławomir Mentzen has pledged to establish a Bitcoin reserve upon his victory in the next election. When asked on November 17 if he would think about creating a Bitcoin reserve, Mentzen said in a statement on X that he would make Poland more crypto-friendly as president. Earlier, Lech Wilczynski, CEO of the cryptocurrency exchange Swap.ly, asked Mentzen whether, if elected, he would implement the “Strategic Bitcoin Reserve” model policy that the Satoshi Action Fund had developed and made public. Wilczynski said: Banking on Bitcoin May 2025 is when Poland’s presidential elections will take place. In Poland, Mentzen has become very popular, particularly among right-wing voters and libertarians. One of Trump’s numerous campaign pledges pertaining to cryptocurrency was the creation of a “Strategic Bitcoin Stockpile.” In July, Senator Cynthia Lummis proposed legislation to create a Bitcoin strategic reserve; if passed, this fund would act as a hedge against the national debt. The plan is to buy one million Bitcoin over the course of five years and keep them for at least twenty years, as stated in the bill. Two other nations have made significant moves to store substantial quantities of Bitcoin. Cryptocurrency, like gold, has begun to be seen by world leaders as an essential reserve asset. Bitcoin (BTC) may be purchased using some of the revenues from the sale of gold, according to Senator Cynthia Lummis’s proposal. The presidential candidate said in 2013 that he had put all of his money into Bitcoins a decade ago, amid the strategic Bitcoin Reserve promoting allegations. Highlighted Crypto News Today: Metaplanet $12 Million Bitcoin Strategy for Financial Stability.
 
The price of XRP has surpassed $1, a significant milestone that has not been observed since December 2021. The cryptocurrency’s market capitalization increased by $20 billion to approximately $64 billion on November 17, when it reached $1.23. This surge has incited a frenzy of discourse within the cryptocurrency community; however, it is not solely the price that is garnering attention. The Pot Is Being Stirred By Rumors Of A Meeting With Trump Most of the conjecture about XRP’s surge stems from unsubstantiated accounts that Ripple CEO Brad Garlinghouse met with President-elect Donald Trump. Though neither Garlinghouse nor Trump’s staff have confirmed or refuted the meeting, the rumors have spurred discussions across the sector. Some, such as former Messari CEO Ryan Selkis, have also gone public with the strongest term on record criticizing Ripple for the possibility of dictating US policy. Pierre Rochard of Riot Platforms and others have expressed skepticism about the anti-Bitcoin posture of Ripple and how it could be damaging for the future regarding crypto regulation. Garlinghouse has expressed confidence in the potential beneficial effects of the Trump administration on the cryptocurrency sector, despite the controversy. Garlinghouse suggested in a recent appearance on Fox Business that Trump perceives the crypto industry as a potential source of innovation and entrepreneurship. His remarks, which center on the activities of SEC Chairman Gary Gensler, are perceived as directly addressing the regulatory obstacles presently affecting Ripple. This has strengthened the belief that, should government change, more favorable conditions could exist for crypto activities running within the United States. Whale Activity And Bullish Sentiment Drive The Rise Of XRP The rise of XRP is not solely due to speculative conjecture; it is substantiated by robust market data. Whale activity has been increasing, as evidenced by reports of substantial XRP transfers exceeding $316 million in the span of two days. Their action might be the decisive step for a price rise, as such large-scale transactions typically indicate the big holders’ positive mood. Secondly, the Relative Strength Index indicates that XRP is in the boundary of an overbought area; in other words, the surge has already reached its maximum. However, the level of hope is rather high, and most people think that the trend will continue. Looking Ahead: Institutional Interest And ETF Prospects In addition to the optimism, there are increasing expectations that an XRP exchange-traded fund (ETF) may be in the works. This, in conjunction with the increasing institutional interest in Ripple’s native token, could be a further catalyst for the sustained growth of XRP. XRP is currently trading at $1.16, making it the best-performing cryptocurrency in the top 10 by market capitalization. Investors are eager to observe its future trajectory. Ripple’s future is unquestionably attracting significant attention, regardless of whether the rumors regarding a Trump meeting are accurate. Featured image from Techreport, chart from TradingView
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