Metaplanet invests $12 million in Bitcoin to protect against Japan’s economic instability. The company adopts a debt financed Bitcoin strategy, inspired by MicroStrategy. Metaplanet, a Japanese public company, is boldly increasing its Bitcoin holdings through a ¥1.75 billion (roughly $12 million) bond issuance. Becoming Asia’s second-largest corporate holder of Bitcoin and using this strategy to deal with economic challenges. Metaplanet currently owns 1,018 BTC, worth about $92.18 million, making up 19% of the company’s market value. Since April 2024, Bitcoin has been Metaplanet’s main treasury reserve. The company started with an initial purchase of 117.7 BTC for $7.19 million, followed by further acquisitions funded by loans. Including $6.8 million from MMXX Ventures and a $10 million investment in October for 156 BTC. This steady accumulation has led the company to surpass Canaan, a leading Bitcoin mining machine manufacturer. $12 Million Bond Metaplanet is using Bitcoin to protect itself from Japan’s economic issues, including a weakening yen, high government debt, and low interest rates. With a fixed supply of 21 million coins, Bitcoin is seen as a hedge against inflation and a safer value store than traditional currency. Metaplanet has raised ¥1.75 billion ($11.8 million) by issuing bonds at a low 0.36% interest rate, with the aim of purchasing more Bitcoin. The bonds were fully bought by EVO FUND, signaling strong investor support for this bold and risky strategy. Metaplanet’s bond issuance is unsecured but backed by a first-priority mortgage on Hotel Royal Oak Gotanda, owned by its subsidiary Wen Tokyo Inc. Inspired by MicroStrategy The strategy closely follows MicroStrategy’s approach, where borrowing money to buy Bitcoin has become a key financial move. Metaplanet borrows money at a low interest rate of 0.36% to invest further in Bitcoin, making it the second largest corporate Bitcoin holder in Asia. Metaplanet is investing heavily in Bitcoin to tackle economic challenges, despite Bitcoin’s price volatility. The company is making a bold statement about the future of digital finance in Japan. Highlighted Crypto News Today: Will XRP Reach $1.50 as Price Rallies 7% Continuing Bull Run?

Barcelona, Spain, November 18th, 2024, Chainwire In conjunction with its token listing on centralized exchanges (MEXC, Bit2Me), Polkadot parachain LAOS Network is thrilled to announce a strategic partnership with Sequence, the all-in-one development platform for integrating web3 into games, to bring Free-2-Play game mechanics to blockchain gaming, now achievable at an unprecedented scale. By leveraging Sequence’s robust web3 technology stack, LAOS Network addresses key challenges in blockchain gaming, including high gas fees and network congestion, to deliver a seamless experience with web3 asset ownership. This partnership is meant to allow developers to easily harness LAOS’s “Bridgeless Minting” to tokenize in-game assets onto any EVM blockchain, while keeping minting costs low enough to suit even the high transaction volumes required by Free-2-Play models. Sequence’s established integrations as the only verified EVM-based web3 Embedded Wallet solution on major gaming engine stores like the Unity App Store and Unreal Marketplace are set to facilitate LAOS’s ongoing mission to bridge traditional and blockchain gaming. The Sequence partnership builds on LAOS Network’s recent growth, following collaborations with MetaverseMe for Free-2-Play blockchain gaming, Netherak Demons in ARPG mechanics (a Sequence gaming partner), and The Mines Run, a cyberpunk runner game on Ethereum, and Life’s Meta, an AI-powered social simulator. Each partnership leverages LAOS Network to bring scalable minting and on-chain dynamics to the forefront of their gameplay. Furthermore, by the end of 2024, LAOS promises to extend its Bridgeless Minting technology to minting NFTs at scale directly on Bitcoin without relying on Layer-2 solutions, bridges, or the limitations of existing options like Ordinals. Adding to its market presence, on the 19th of November 2024 the LAOS Network utility token will be accessible for trading on mexc and bit2me, offering the global LAOS community the ability to trade on these prominent exchanges. LAOS Network and Sequence invite developers to explore the transformative potential of their partnership through the LAOS Grant Program. This program provides a wealth of resources from both LAOS and Sequence, including dedicated mentorship, development support, advisory services, and essential tools for launching and scaling web3 games. With a total of 190M $LAOS tokens in funding, the program aims to support promising web3 projects leveraging the LAOS infrastructure, working to empower developers to bring innovative gaming experiences to life and advance the web3 gaming ecosystem. About LAOS Network LAOS Network is an innovative Layer-1 blockchain designed to enable large-scale minting of non-fungible tokens (NFTs) on any chain, without incurring the high gas fees typically associated with these networks. Its bridgeless minting technology allows for the seamless creation of digital assets on blockchains such as Ethereum, Polygon, and Hedera, while eliminating network congestion issues. As a parachain on Polkadot, LAOS benefits from battle-tested security and cross-chain interoperability through Polkadot’s Universal Location system. This allows LAOS to support large-scale gaming and digital asset ecosystems without the friction of traditional bridging solutions. The LAOS Network Utility Token will soon be tradable at https://mexc.com/ and Bit2Me.com. About Sequence Sequence is an all-in-one development platform for integrating web3 into games. Users can onboard, monetize, grow, and retain players with Sequence’s award-winning technology. From collectibles and ownable rewards to fully on-chain experiences, Sequence’s easy-to-integrate platform works to solve blockchain complexities, so developers can focus on creative execution and delivering player experiences. Trusted by hundreds of games, thousands of developers, and powering millions of users, Sequence is backed by Take-Two Interactive, Ubisoft, Xsolla, Bitkraft, Brevan Howard, Coinbase, Polygon, and more. For media inquiries and more information, users can read the Sequence media kit and contact either: Stefania Asis Marketing Manager, LAOS Network [email protected] or Megan Doyle Product Marketing Director, Sequence [email protected] Contact Co-founder Alun Evans LAOS Network [email protected]

Bitcoin spent the weekend trading within a relatively narrow range of $91,700 to $88,700, demonstrating robust price action. Despite the lack of significant price movement, the consistent ability to hold within this range underscores Bitcoin’s current strength and growing market confidence. Key data from CryptoQuant adds further optimism, revealing a notable reduction in selling pressure. The data indicates fewer sellers in the market, aligning with the broader bullish sentiment that has fueled Bitcoin’s recent momentum. With the supply side constrained, demand could propel BTC higher, reinforcing the strong price action seen over the weekend. This optimistic backdrop has sparked predictions of aggressive surges in the coming months as Bitcoin remains well-positioned to capitalize on favorable market dynamics. Analysts suggest that with selling pressure limited and demand continuing to grow, Bitcoin could be gearing up for its next significant breakout. Investors are watching closely to see if this strength will lead to a new phase of upward momentum, potentially pushing BTC into uncharted territory as the market anticipates the next major move in this bullish cycle. Bitcoin Flow To Exchanges Supports Bulls Bitcoin has had an exhilarating few weeks, surging 39% in just nine days and marking one of its most aggressive upward moves this cycle. The recent rally has left analysts and investors both excited and cautious as Bitcoin continues to show resilience above key levels. While many expect BTC to maintain its bullish trajectory, opportunities to buy at lower prices are becoming increasingly scarce. Data from CryptoQuant analyst Axel Adler adds valuable insight into the current market dynamics. Adler notes that the average flow of Bitcoin to exchanges over the past 30 days has not surpassed the average volume over the last 365 days. This indicates a lack of significant selling pressure, suggesting that current holders are more inclined to retain their Bitcoin than sell into the rally. With fewer sellers in the market, Bitcoin’s price has the potential to climb further as demand increases. However, analysts agree that consolidation around the current price range would be a healthy step before the next leg up. Consolidation could allow the market to stabilize, attract fresh demand, and establish stronger support levels for the next growth phase. BTC Less Than 2% Away From ATH Bitcoin is trading at $91,700, just under 2% away from its all-time high (ATH) of $93,483. This proximity to record-breaking levels has fueled optimism among investors, with the price appearing poised to push above the ATH again this week. Bitcoin’s price action remains robust, supported by increasing demand and bullish sentiment in the market. The sustained strength of BTC’s price has been attributed to its ability to maintain key levels during periods of consolidation. This resilience indicates buyers continue to dominate, reinforcing the possibility of another breakout above the $93,483 mark. Analysts expect breaching this level would likely spark another wave of aggressive buying, potentially driving Bitcoin further into uncharted territory. However, caution remains warranted. A breakdown below $87,000 would signal a retrace for Bitcoin, potentially initiating a short-term correction in the coming days. Such a move could provide a healthier foundation for the next growth phase, allowing BTC to consolidate and attract fresh demand. Featured image from Dall-E, chart from TradingView

As Bitcoin continues to dominate the crypto headlines, several decentralized finance (DeFi) and traditional finance (TradFi) projects are quickly catching up. These altcoins present unique financial opportunities and are poised to outshine Bitcoin’s functionality and potential rewards. One of these altcoins leading the charge is FX Guys, a PropFi project with robust staking, trader funding, and Trade2Earn incentives. Let’s dive into the top three altcoins, including FX Guys, which are ready to make their mark. BUY $FXG TOKENS HERE 1. FXGuys: The Top PropFi Altcoin Making Waves At the forefront of the PropFi movement, FX Guys (FXG) has been gaining traction for its all-encompassing ecosystem designed for traders, stakers, and investors. The project is currently in Stage 1 of its presale, with the FXG token priced at just $0.03 after raising over $1,000,000 from selling 68,000,000 tokens in a private round. So, what makes FX Guys stand out? Staking for Revenue and Profit Sharing One of FX Guys’s major benefits is its Staking Program, which allows users to stake FXG tokens and earn up to 20% profit and revenue share from the broker’s trading volume. This unique model rewards token holders and increases overall trading activity, making FX Guys a top contender in the best DeFi projects and PropFi sectors. Trader Funding Program and Development Ecosystem Another key advantage is its Trader Funding Program, which gives top retail traders access to up to $500,000 in trading capital after passing a set of evaluations. This feature is ideal for traders looking to scale their operations, with an 80/20 profit split in the trader’s favour, further solidifying FX Guys’ position among the best proprietary trading firms and funded prop firms. BUY $FXG TOKENS HERE Trade2Earn: Boosting Trading Volume FX Guys has incorporated a Trade2Earn program where every trade on the platform earns FXG tokens. This not only incentivizes more trades but also rewards users for their activity, leading to increased trading volumes across the platform. With no buy or sell tax and no KYC decentralized trading, the FX Guys is poised to challenge Bitcoin in its ability to offer diverse and trader-centric benefits. 2. Solana: The DeFi Powerhouse Another altcoin vying for the spotlight is Solana (SOL), which has earned its reputation as one of the fastest blockchains in the world. Solana’s high transaction speed and low costs make it a favorite for DeFi applications, and it continues to lead among the best DeFi tokens in the market. Solana’s focus on scalability has positioned it as a critical player in the evolving DeFi space, challenging Ethereum and even Bitcoin in certain respects. With Solana’s vast ecosystem supporting decentralized exchanges, NFTs, and smart contracts, its utility continues to expand. For those interested in fast, secure, and scalable blockchain solutions, Solana is an altcoin that deserves attention. In comparison, FX Guys focuses more on traditional financial models with its unique Top PropFi Project features like broker-backed trading platforms and trader funding, offering a different value proposition for investors. 3. Aptos: A New DeFi Innovator Aptos (APT) has been making waves as one of the newest contenders in the DeFi space. Its focus on decentralized applications (dApps) and security enhancements places it among the best DeFi projects to watch. The blockchain protocol leverages a new language for smart contracts, ensuring higher efficiency and scalability for future applications. Aptos is quickly emerging as a futures prop firm competitor with its innovative technology and DeFi integration. While Aptos aims to revolutionize the DeFi ecosystem through its technology, the FX Guys offers a more robust trading environment with its suite of futures prop firms tools, including its Trade2Earn program, Staking, and Trader Funding Program. Both projects stand as powerful alternatives to traditional financial systems, offering investors new possibilities. BUY $FXG TOKENS HERE Conclusion: Is Bitcoin’s Reign Under Threat? Bitcoin may be the king of cryptocurrencies, but its next challenge comes from a wave of innovative altcoins like FXGuys, Solana, and Aptos. These projects offer unique incentives through staking, profit-sharing, or decentralized trading ecosystems. FX Guys, in particular, is making a strong case with its Trader Funding Program and Staking Program, positioning itself as one of the most exciting Top PropFi Projects on the market today. As the DeFi and PropFi ecosystems evolve, investors have many opportunities to diversify their portfolios beyond Bitcoin. With the ability to earn, stake, and trade in dynamic ecosystems like the FX Guys, these altcoins are ready to steal the spotlight in the cryptocurrency world. To find out more about FX Guys follow the links below:Presale | Website | Whitepaper | Socials | Audit 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.

Ripple’s native token XRP has shown a price surge of 101% over the last 7 days. The altcoin’s daily trading volume has dipped by 54.70% as per CMC data. After the weekend slump, the crypto market has begun to show mixed signals. While Bitcoin has stagnated at the $90K level, particular altcoins have continued in their upward rally. Meanwhile, regulatory measures by Trump’s government have taken the spotlight within the sector. Moreover, the community has entertained rumors that Donald Trump will meet with crypto leaders soon. On the other hand, reverting to the cryptocurrency prices, Ethereum has docked at modest price movements, denying breakouts. However, Ripple’s native token, XRP has drawn attention with significant price surges in the past day. The altcoin has factored in a price increase of 6.85% in the last 24 hours to reach current levels. Inferring its daily price chart, XRP in the Asian afternoon hours of November 17, was trading at $1.06. It then rallied further to reach current trading levels. At the time of writing, XRP was trading at $1.14 as per CMC data. Moreover, on Saturday the altcoin hit the $1 milestone much to the joy of investors. Zooming out, over the past week, XRP has shown an incredible surge of 101.9% rallying from a low of $0.5. Will XRP’s Price Rally Continue? Ripple’s native token has remained in a prolonged consolidation over the past two months as highlighted by XRP’s price movements data. The current price breakout is further suggested by the Moving Average Convergence Divergence (MACD) signal line’s sharp crossover above the MACD line. XRP/USDT Daily Price Chart (Source: TradingView) Additionally, the token’s high volatility index indicates the recent change in trend. Its RVI value is 71.53 as per TradingView data. However, as indicated by the signal line, XRP’s technical indicators suggest a positive trend in the token which can be expected to continue in the coming months. In such a case it can be expected to face resistance at $1.24 and $1.32. Meanwhile, Ripple and the SEC lawsuit persists. Over the past few weeks, there have been no updates regarding further legal procedures as attention has diverted to the US Elections. Highlighted Crypto News Today: Will Solana Bulls Push the Price to Its All-Time High?

Solana trades at $243.46, just 8.5% away from its all-time high of $260. Memecoin-driven DApps generated record-breaking fees, boosting ecosystem activity. Solana (SOL) is currently trading at $243.46, marking a 10.44% surge in the last 24 hours. The trading volume has skyrocketed to $10.17 billion, reflecting a massive 101.66% increase and signalling heightened investor interest. With a market cap of $115.55 billion, Solana is now one of the strongest contenders in the crypto market. Its volume-to-market-cap ratio stands at 8.80%, which further emphasizes its increasing market liquidity. Impressively, Solana is just 8.5% away from reclaiming its all-time high price of $259, last reached in November 2021. The return of memecoin mania has propelled Solana-based decentralized applications (DApps) to record-breaking performance. On November 17, Raydium, a popular automated market maker, generated $11.31 million in fees. Similarly, the liquid staking protocol Jito recorded its third-highest daily revenue of $9.87 million, demonstrating the ecosystem’s vitality. Other Solana-based protocols also saw impressive earnings. For instance, pump.fun, a memecoin launchpad, collected $1.65 million in fees, while Photon, a Telegram trading bot for memecoins, reported $2.36 million in revenue. This surge in activity coincides with SOL reaching its highest price level since November 2021, signaling renewed investor enthusiasm. Notably, Solana’s market cap has risen by 44% since its previous all-time high, despite inflationary pressures from token issuance. The increase stems from the protocol’s reward mechanism, which mints new SOL tokens to incentivize stakers. Bullish Indicators For SOL Solana’s price action suggests a strong bullish trend. The 9-day moving average (MA) at $220.48 has crossed above the 21-day MA at $195.68, confirming a bullish crossover. This crossover is a widely recognized signal for continued upward momentum. The current resistance level stands at $244, while support is found at $220. If Solana breaks above resistance, the price could target an all-time high of $259. Conversely, a failure to hold support may lead to a pullback toward $195, offering a potential re-entry point for traders. The Relative Strength Index (RSI) is at 76, signaling overbought conditions but underscoring strong buying pressure. The RSI average of 69.84 further highlights bullish sentiment. However, traders should be cautious, as overbought levels often lead to short-term price corrections. Breaking above the $244 resistance could allow Solana to test and potentially surpass its $260 all-time high. On the other hand, a short-term pullback might provide a buying opportunity around $220 or lower. Solana remains a standout performer, with robust fundamentals and technical indicators pointing to sustained momentum. Highlighted Crypto News Today Can Bitcoin Overcome Sell Pressure to Hit $100K?

Ethereum holds steady at $3.1K, unable to break past this barrier. The market witnessed a liquidation of $23.93 million in Ethereum. The recent crypto market rally, driven by Bitcoin’s new all-time high, has fueled a positive market sentiment. Consequently, traders shifted focus to Ethereum, which initially outperformed other altcoins. However, Ethereum faced criticism as it lagged, unable to reach higher levels. Analysts predict Ethereum might explode after breaking steadily above the crucial $3.3K mark. In the coming days, it will be crucial for Ethereum to soar above $3.1K, as the asset has formed a bearish reversal signal. The largest altcoin has spiked 0.44% over the past 24 hours. With the ongoing bearish price action, ETH chose to trade on the downside. At press time, Ethereum is trading at $3,118, with its market cap resting at $375 billion. Notably, the asset has dipped to a low of $3,044 and jumped to a high of $3,160. And the market observed a liquidation of $23.93 million worth of Ethereum during this timeframe. In the meantime, the daily trading volume of ETH rests at 25.14 billion. On the other hand, the weekly outlook of ETH displays a loss of over 0.30%. The asset began trading at $3,147 and fluctuated in a bullish pattern. From the mid-week, ETH lost its momentum and traded on the downside, plummeting to $3.024. What’s Ahead for ETH? The four-hour price chart of ETH reveals the ongoing downward momentum. As the asset surpassed $3K, the market anticipates a fresh bull run gaining further. But Ethereum remains the same, grappling to enter the bullish zone. The current pace might drive the asset toward the $2.8K range. Extended losses might push the asset even lower. On the contrary, if ETH could stretch out to the $3,236 mark, it might likely kickstart an upside correction. If the bullish momentum sustains, the asset might lead the Ethereum price to climb higher. Moreover, the technical indicators of Ethereum exposed a negative outlook, with the Moving Average Convergence Divergence (MACD) line found below the signal line, forecasting the continued bearish trend in the market. Besides, the Chaikin Money Flow (CMF) indicator is positioned at 0.03, suggesting a brief positive money flow. Meanwhile, Ethereum’s daily trading volume has plunged by over 14%. ETH chart (Source: TradingView) The current market sentiment for ETH is neutral, as the daily relative strength index (RSI) sits at 51.06. The asset’s daily frame shows the short-term 50-day moving average above the long-term 200-day moving average. Highlighted Crypto News Trump’s Health Secretary Robert Kennedy Jr Reveals Pro-Bitcoin Stance

Dr. Artur Kirjakulov, CEO and founder of XPMarket, has publicly accused Bitstamp of executing a “rug pull” against the XRP community. This serious allegation has ignited a contentious debate among industry stakeholders, raising questions about the stability and reliability of Bitstamp’s involvement in XRPL-based financial instruments. Has Bitstamp Rug Pulled The XRP Community? On Sunday, November 17, Dr. Kirjakulov took to X to voice his concerns regarding Bitstamp’s recent actions. “Bitstamp literally has just rug pulled XRPL community,” he claimed and asserted that Bitstamp had “withdrew more than 90% of liquidity from USD/XRP and BTC/XRP AMM Pools,” a move he characterized as a “silent” and unannounced maneuver that has left the XRPL community in a precarious position. According to Kirjakulov, the absence of any formal statement from Bitstamp or RippleX exacerbates the uncertainty surrounding this liquidity withdrawal, potentially leading to “extremely volatile” trading conditions and significant price impacts for these asset pairs. Dr. Kirjakulov further highlighted the intricate relationship between Ripple and Bitstamp, noting that “Ripple owns an equity share in Bitstamp.” This connection suggests that Ripple’s stake in Bitstamp may influence the exchange’s strategic decisions within the XRPL space. The CEO of XPMarket expressed deep concerns about the assurance of a 1:1 conversion rate for Bitstamp-issued wrapped assets, drawing a parallel to the Stably incident where such guarantees were not honored. He emphasized, “How can anyone trust DeFi on XRPL, when official partners make such moves? Optics are terrible.” The allegations did not go unnoticed within the XRPL community. Daniel Keller, CTO at Eminence and an XRPL ambassador, responded with skepticism regarding the authenticity of Kirjakulov’s claims. Keller questioned the legitimacy of the accounts associated with the liquidity pools, stating, “Do we know that’s an official Bitstamp account? Looking back on the activation sequence it was activated via Binance, which is weird if Bitstamp runs it.” In response, Dr. Kirjakulov maintained that the accounts in question were indeed affiliated with Bitstamp. He clarified, “Going through the accounts it is visible that they are clearly associated with Bitstamp, because they are also market making these tokens. There is literally no one else interested here in market making these tokens, because they are niche and unpopular.” He further explained that the liquidity had been pulled back to a market-making (MM) account, reinforcing his assertion of Bitstamp’s direct involvement. Kirjakulov also dismissed the significance of activation accounts, noting, “Activation account does not mean anything. I activate my account from multiple exchanges specifically to make less traceable.” Keller pressed for more concrete evidence to support the claims. He asked: “Can you share some of these connecting transactions because if you already looked them up it would be cool to share. An activation account is very important if you are an exchange supporting an LP, because you want people to know it’s your company. Dr. Kirjakulov responded by emphasizing the strength of the circumstantial evidence pointing towards Bitstamp, stating, “Circumstantial evidence? Yes. But this evidence points rather clearly into Bitstamp, as no one else has such a huge amount of these assets issued by them, other than someone affiliated by them. And circumstantial evidence is no excuse to ignore them.” The discourse extended to the topic of Bitstamp’s IOU services. Michael Nardolillo, a user on X, defended Bitstamp by highlighting its regulated status and the redeemability of its IOUs. He argued, “There’s no guarantee Bitstamp will honor their IOUs?! That’s like saying there’s no guarantee you can withdraw your crypto from an exchange. Bitstamp is highly regulated, IOUs are always redeemable they are no different than holding an asset on an exchange.” This defense was met with skepticism from Kirjakulov, who drew attention to past failures in the industry. He countered, “Somewhere FTX creditors did a few facepalms. Again, Stably did not honor 1:1 conversion. And there is nothing on Bitstamp or even GateHub sources to claim there will be 1:1 conversion and absolutely nothing of proof of funds.” In an attempt to substantiate his defense, Nardolillo shared a screenshot from Bitstamp’s website detailing their IOU service. The screenshot outlines that users can transfer value on the XRP Ledger through IOUs issued by Bitstamp in exchange for real assets like BTC, USD, EUR, or ETH. Dr. Kirjakulov highlighted a critical oversight in this arrangement. He stated, “And this is the problem. This is the only way how you can make this swap. Also, it says absolutely nothing about 1:1 conversion. What if it depegs by 50%? Will they make 1 bUSD (which is worth 50 cents) swap to 1 USDT (which is worth 1 USD)?” As of press time, the XRP community awaits an official response from Bitstamp. XRP traded at $1.15.

Bitcoin faces correction risks amid retail greed and overbought signals. Miner sell-offs intensify, raising concerns about market cycle tops. Bitcoin (BTC), which hit an all-time high of $93,265 five days ago, is currently trading at $90,659.66, reflecting a modest 0.29% daily increase. Despite a 12% weekly gain, its trading volume has dipped by 4%, hinting at a slowdown in momentum. Meanwhile, Renowned crypto analyst Ali has issued a cautionary note, warning of a potential steep correction for Bitcoin. Ali highlighted rising retail investor interest and a significant spike in Google searches for “Bitcoin,” often a harbinger of price declines. Historical data supports this claim, with past surges in search interest coinciding with corrections ranging from 26% to 50%. Additionally, the TD Sequential indicator has presented a sell signal, and RSI data suggests BTC is in overbought territory. Ali predicts that Bitcoin’s key support levels lie between $85,800–$83,250 and $75,520–$72,880, should a correction materialize. However, a daily close above $91,900 could invalidate the bearish outlook, potentially triggering a rally toward $100,680. Market Pressure Vs BTC Bulls Adding to market pressures, Bitcoin miners have sold over 110,000 BTC, worth nearly $10 billion, between 10-17 November, intensifying concerns about a potential price stall. On 12 November alone, miners dumped 25,367 BTC ($2.2 billion), marking the highest single-day sell-off in recent months. Historically, such significant sell-offs have coincided with cycle tops, leading to broader sell pressure from other holders. BTC Price Chart, source: Sanbase Meanwhile, MicroStrategy‘s bold Bitcoin strategy continues to make headlines. With 279,240 BTC worth $26 billion, the firm’s Bitcoin reserves now outshine those of industry giants like IBM and Nike. Despite initial skepticism, MicroStrategy’s stock has surged over 2,500% since 2020, aligning with Bitcoin’s remarkable growth. As Bitcoin hovers around $90,000, the market’s trajectory hinges on overcoming miner sell pressure and sustaining bullish momentum to breach the anticipated $100,000 milestone. Highlighted News Of The Day Donald Trump Rumored to Meet Key Leaders To Discuss Crypto

Shiba Inu (SHIB) appears to be on the brink of a surge, as crypto analysts predict that the token could experience a 200% increase. SHIB has begun to catch up to the meme coin frenzy that has seized the crypto market, as evidenced by a 20% gain over the past week and an 7% increase in the past 24 hours. Shiba Inu’s community remains optimistic about the future, despite the fact that its performance still falls short of Dogecoin (DOGE), which has experienced an 30% increase in a week. According to the crypto analyst Roaring Kitty, the latest momentum of SHIB is actually a “warm-up rally” since it resembles anything seen yet in the context of meme coin price hikes. In his opinion, the basis for an explosive upward movement is currently being laid down, and retail investors are to be credited with the boost. Examining Shiba Inu’s Recent Price Action SHIB’s price performance has demonstrated resilience. In late September, it emerged from a protracted downward trend and surged beyond $0.00002150, only to retrace to $0.00001553. The token reached its highest level in seven months, $0.0000303, this month, before ultimately stabilizing in the $0.00002 range. According to Roaring Kitty, before meme coins enter their parabolic phase, they show this back-and-forth price movement. His research is able to illustrate how SHIB could break above $0.00015 in a retail-driven mania if the cryptocurrency removes a zero from its price. Additionally, trading volumes have increased, indicating heightened interest and establishing the foundation for a more robust upward movement. Promising Long-Term Prospects SHIB’s long-term prospects are equally optimistic, in addition to its immediate successes. Analysts anticipate a 107% price increase in the next six months, with a stabilization of growth at 83% within a year. This optimism is founded on SHIB’s capacity to remain a focal point in the meme coin ecosystem, its ongoing development efforts, and its active community. Nevertheless, this optimistic outlook is not without its limitations. It will be imperative for SHIB to breach critical resistance levels in order to maintain any rally. Additionally, analysts caution that the token’s performance may be influenced by macroeconomic factors and broader market conditions. The Future of Shiba Inu Holders Shiba Inu’s recent price moves and forecasts have rekindled the community. However, SHIB leaves open the question of whether it can sustain its momentum and deliver on such lofty projections as hype continues to rise. For now, at least, the buy call appears pretty straightforward: hold tight and watch for market signals. After all, the upside potential is huge. But be ready for a breakout, for example, if enthusiasm among retail investors becomes too much to handle. It is, however, of the essence to know the risks as such an investment entails. Featured image from DALL-E, chart from TradingView

Robert Kennedy Jr. has expressed pro-Bitcoin opinions several times over the past. Donald Trump’s new government sees multiple members having positive notions towards cryptocurrency. The cryptocurrency market is all set to begin another week, and with a headstart, too. Bitcoin’s price has managed to hold above the $90K level, and thus, it might be expected to reach new highs if the bullish cycle is sustained. Meanwhile, Ethereum receded to the 3.1K range over the weekend. On the other hand, the crypto regulatory space also remained vibrant in the past two days. In particular, Trump announced Robert F. Kennedy Jr. as the Health Secretary on November 15. The well-known personality has expressed pro-crypto opinions in the past. He also advocated for Bitcoin on a November 16 X post. Robert Kennedy Jr discussed that Bitcoin was the ‘currency of freedom’ and how it would act as a hedge against inflation. Previously, RFK Jr. also was known to have said that he attended the Bitcoin conference and had put a lot of his wealth into the asset. The health secretary discussed that Bitcoin would also be the ‘offramp’ from the USA’s national debt. Trump’s appointment of pro-crypto members in several leading roles has led to community members seeing it as a reflection of his promises. Does Trump’s Appointment of Robert Kennedy Jr Reflect His Pro-Bitcoin Stance? Over the past few days, Donald Trump has made several announcements, forming his new government. The President-elect recently announced Elon Musk and Vivek Ramaswamy as leading members of the “Department of Government Efficiency” (DOGE). This saw the crypto community rejoice in multitudes over the stark shift in attitude towards cryptocurrency and Bitcoin. After the US elections, several leading members have scrutinized cryptocurrency including Robert F. Kennedy Jr. Furthermore, several other nations worldwide also show interest in cryptocurrency. This raises the question – is Bitcoin finally receiving the long-awaited spotlight on the global level? Meanwhile, the crypto regulatory landscape has not yet materialized the different shifts that the community is expecting. However, the bullish crypto market has seen altcoins such as Solana hit new trading levels. Highlighted Crypto News Today: Donald Trump Rumored to Meet Key Leaders To Discuss Crypto

Crypto enthusiasts are eagerly eyeing the future of Ethereum Classic and Cardano (ADA). The Ethereum Classic price is currently hovering around and testing a crucial resistance level, whereas, Cardano’s price finally breaks out of the $0.40 resistance level. Both the coins show promise, but the new contender BlockDAG (BDAG) is smashing one new milestone after the other. The project has finally completed its mainnet development, becoming the most-talked-about project right now. As a result, the demand for BlockDAG is sky-high, with over 200,000 users actively mining BDAG coins on the X1Miner app, whereas crypto buyers have pushed BlockDAG’s presale past $122 million. As Ethereum Classic and Cardano gear up for possible rallies, BlockDAG’s revolutionary technology and unique offers make it the best crypto to buy today. Ethereum Classic (ETC) Price Expected To Breakout The Ethereum Classic (ETC) price has seen a steady upward movement since early August. Currently, the $24 resistance zone remains a critical level for a potential breakout. Technical indicators like the RSI and MACD both point towards a positive trend. However, the Ethereum Classis (ETC) price has previously faced difficulties to rise above the $24 level. If it manages to do so, a price surge to $30 could expected. Despite this bullish technical setup, analysts suggest that ETC may experience a short-term decline before resuming its upward momentum and price correction could bring ETC back to $21. Hence, the future remains uncertain for ETC despite a potential breakout. Cardano Price Breakout: ADA Surpasses $0.40 Resistance Cardano (ADA) is gaining traction after breaking through the $0.40 resistance level. ADA is showing strong bullish momentum and could be on track to reclaim its 2021 highs. Despite facing challenges in recent years, the recent price breakout above $0.60 signals the potential for another powerful rally. The recent Cardano price breakout suggests that the market remains optimistic about its growth. However, macroeconomic factors like tightening regulations and increasing competition from faster-growing blockchain platforms could hinder ADA’s growth. Additionally, Cardano’s scalability solutions are not yet fully implemented, which may impact its ability to keep up with changing demands. BlockDAG Hits Key Milestone with Mainnet Development Completion As Ethereum Classic and Cardano work toward new price levels, BlockDAG has captured the attention of the crypto world with the completion of its mainnet development. The project is now moving into the audit phase, which is a crucial part of its roadmap. BlockDAG’s ongoing presale has surged past $122 million, signalling strong community interest. Currently priced at $0.0234 in batch 26, BDAG is projected to reach $1 by 2025, which represents promising growth. The demand for BDAG coins is huge as over 15.3 billion coins have been sold and more than 200,000 active users are mining for BDAG coins via the X1 app. BlockDAG has revolutionised the mobile mining experience through its X1 Miner app. A key feature of the X1 Miner app is that it allows users to mine up to 20 BDAG coins every day directly from their phone. This eliminates the need for specialised mining hardware. The app’s easy-to-use interface is perfect for beginners and seasoned miners. Adding to its appeal, BlockDAG’s popularity is further driven by the limited-time BULLRUN100 code. Upon using the code, users can get a 100% bonus on their coin purchases! Additionally, they get early access to the highly anticipated airdrop. This exclusive opportunity has crypto enthusiasts excited about the future potential of BlockDAG. BlockDAG has successfully become the best crypto to buy today because of its impressive mining technology and lucrative offers. The Best Cryptos To Buy Today The Ethereum Classic price is expected to overcome significant resistance levels, while Cardano is gaining attention from breaking through the $0.40 level. However, the likelihood of a continuous positive trend remains uncertain given several market factors. On the flip side, BlockDAG has become the best crypto to buy today as it completes its mainnet development and moves to the audit phase. The demand for BDAG is blowing up, with over 200,000 actively mining for the coins on the X1 Miner app. Moreover, the time-sensitive BULLRUN100 offer is an ideal entry point for people looking to capitalise on BlockDAG’s future success. This is a unique opportunity for buyers to double their purchases and get early access to the coins so they can start earning rewards as soon as the airdrop starts! Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Dogecoin is consolidating gains above the $0.320 resistance against the US Dollar. DOGE is holding gains and eyeing more upsides above $0.400. DOGE price started a consolidating like Bitcoin and stayed above the $0.320 resistance level. The price is trading near the $0.3750 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.3670 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rally if it clears the $0.400 and $0.4150 resistance levels. Dogecoin Price Eyes Fresh Surge Dogecoin price started a consolidating phase above the $0.320 zone like Bitcoin and Ethereum. DOGE formed a base above $0.350 and is currently rising. There was a move above the $0.3550 and $0.3620 resistance levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.4342 swing high to the $0.3400 low. There was also a break above a key bearish trend line with resistance at $0.3670 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading near the $0.3750 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.3720 level. The next major resistance is near the $0.3880 level or the 50% Fib retracement level of the downward move from the $0.4342 swing high to the $0.3400 low. A close above the $0.3880 resistance might send the price toward the $0.400 resistance. Any more gains might send the price toward the $0.4200 level. The next major stop for the bulls might be $0.500. Are Dips Limited In DOGE? If DOGE’s price fails to climb above the $0.3720 level, it could start a downside correction. Initial support on the downside is near the $0.3650 level. The next major support is near the $0.3500 level. The main support sits at $0.320. If there is a downside break below the $0.320 support, the price could decline further. In the stated case, the price might decline toward the $0.300 level or even $0.2950 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.3650 and $0.3500. Major Resistance Levels – $0.3720 and $0.3880.

XRP price is up over 25% and moving higher above the $1.00 support zone. The price could accelerate higher if it clears the $1.1380 resistance zone. XRP price started a strong increase above the $0.880 resistance. The price is now trading above $1.00 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $1.050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $1.00 support zone. XRP Price Rallies Over 50% XRP price remained supported above the $0.700 level. It formed a base and started a strong increase above $0.8800. It outperformed Bitcoin and Ethereum and surged over 50%. The price even climbed above the $1.00 level before the bears appeared. A high was formed at $1.2747 before there was a pullback. The price dipped below $1.150 and tested $1.100. It tested the $1.00 support. A low was formed at $0.9988 and the price is now rising. There was a move above the $1.050 resistance. Besides, there was a break above a connecting bearish trend line with resistance at $1.050 on the hourly chart of the XRP/USD pair. The price is now trading above $1.050 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.1380 level. It is close to the 50% Fib retracement level of the downward move from the $1.2747 swing high to the $0.9988 low. The first major resistance is near the $1.200 level and the 76.4% Fib retracement level of the downward move from the $1.2747 swing high to the $0.9988 low. The next key resistance could be $1.250. A clear move above the $1.250 resistance might send the price toward the $1.320 resistance. Any more gains might send the price toward the $1.3850 resistance or even $1.40 in the near term. The next major hurdle might be $1.50. Are Dips Limited? If XRP fails to clear the $1.1380 resistance zone, it could start a downside correction. Initial support on the downside is near the $1.050 level. The next major support is near the $1.00 level. If there is a downside break and a close below the $1.00 level, the price might continue to decline toward the $0.9320 support in the near term. The next major support sits near the $0.880 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $1.0500 and $1.0000. Major Resistance Levels – $1.1380 and $1.2000.

As the cryptocurrency industry grows in size and seriousness, certain tokens are beginning to gain acceptance as being able to compete for a position in the top ten by market capitalization. Amid this rush, Rexas Finance (RXS), TRON (TRX), and Near Protocol (NEAR) are the emerging prospects. Here’s a detailed explanation as to why these three tokens will be the next blockbuster tokens in the market and will capitalize on the increasing traction toward blockchain technology to climb up the ladder in terms of market cap. Rexas Finance (RXS): Revolutionizing Real-World Assets Tokenization Rexas Finance is taking the digital investment market by storm with its focus on tokenizing real-world assets and significantly expanding the perspectives of traditional asset markets, which, in the era of blockchain technology, is a logical progression. By virtually democratizing ownership of expensive assets like real estate, copyrights, and artwork, Rexas Finance aims to expand the target audiences of such high-end markets. This fresh perspective not only provides new entrants with the ability to participate in asset classes that some were previously nurtured but also enables the infusion of liquidity and transparency, which is often absent in conventional asset markets. Rexas Finance is in its fifth presale stage, and with tokens priced at $0.070, it has managed to raise a total of $6.5 million so far. The gradual hype around the project helps to understand investor confidence in the platform currently and what the platform strives to achieve in the near future. For instance, the community actively participates in initiatives such as the Rexas Millionaire Giveaway of $1 million, which can inspire more community members to engage with the platform. This giveaway is intended to enhance the platform’s reach and visibility among the cryptocurrency community, awarding $50,000 worth of RXS tokens to 20 winners. Aside from its active community focus, Rexas Finance also successfully passed a full audit from CertiK, one of the most prominent security auditors in the blockchain industry. This audit puts investors at ease regarding the security and operational capabilities of the platform, which is essential when trying to build confidence in the asset-backed tokenization approach. Rexas Finance is likely to be a leading asset-backed tokenization provider, supported by its strong integration of blockchain technology with real estate. With the growing attention towards asset-backed tokens, it is only a matter of time before Rexas Finance achieves a market cap in the top 10. TRON (TRX): Enabling Sharing of Content without Central Control TRON seeks to avoid the distribution of content through intermediaries within its ecosystem so creators can reach their consumers directly and keep most of their earnings. This novel model has generated a lot of interest among developers and creator-oriented people who appreciate the values of decentralization and efficiency of the TRON platform. TRON is presently priced at $0.16 and has a market cap of about $14.25 billion, showing its huge presence in the crypto world. With the dual advantages of high transactions per second as well as scalability, TRON is an ideal platform for dApps that require high scalability, especially in content sharing, gaming, and other entertainment applications. As the number of users on TRON’s platform increases and the ecosystem progresses, TRON’s focus on decentralized media and content sharing within the platform could give the platform a lot of leverage, which could see it able to break into the top 10 positions in cryptocurrency market capitalization rankings. Near Protocol (NEAR): Bringing in More Ease and Scalability NEAR is a layer one blockchain network that relies on sharding technology to provide high transaction speeds while keeping costs to a minimum. This distinctive sharding model allows Near Protocol to achieve high transactional throughput without impacting network capacity, making it an attractive option for dApps requiring instantaneous transactions and simple interfaces. The NEAR Protocol is trading at $4.52 and is valued at $6.37 billion, a figure that grows steadily with the expanding reach of the blockchain ecosystem. This project pushes the boundaries of blockchain through its unique offerings. Near Protocol targets both developers and end-users who may not be well-versed in the over-technicalities involved in the use of decentralized networks. NEAR’s approach to scalability and usability has already brought its platform a variety of projects across industries, from finance to social, thus making it an appealing blockchain with versatile applications. Therefore, the NEAR Protocol might easily become one of the top projects in the world by market capitalization. Conclusion Rexas Finance, TRON, and Near Protocol each have particular features that provide each with an opportunity to become the next crypto blue chip. Rexas Finance’s emphasis on real-world asset tokenization seeks to fill the vacant space of vastly untapped markets, which moves digital investments closer to more conventional asset markets. TRON’s vision of a more decentralized internet where content creators are well-compensated drives a much-needed shift in the global economy, whereas Near Protocol’s focus on nearness and scalability makes it easy to cater to developers as well as end-users. All three tokens are significant collaborators working to build a future where blockchain will find applications in every industry, an encouraging sign for the top 10 market cap ranking in the next cycle. Along with these goals, such projects seem to possess the most potential for long-term investment in the future of the cryptocurrency sector. 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

With its present value sitting at $0.3 after a notable 100% increase in the past week, Dogecoin enthusiasts recently have focused on an aggressive $10 price target. Though some investors are focusing on other coins as optimism rises, most notably Rexas Finance (RXS), this target would represent an amazing 3,000% increase from its present price. Predicting even more explosive development than Dogecoin, whale investors are relying on a huge 26,331% rise for Rexas Finance. The Dogecoin $10 Target Many in the crypto community have debated the $10 price target of Dogecoin. Given its present price of about $0.3, reaching this target would call for a significant 3,000% raise. Although such increases may appear unlikely, the crypto industry is recognized for its volatility and explosive potential—especially for currencies with strong communities and notable market sentiment like Dogecoin. Still, Dogecoin has benefited from the inclusion of practical use cases such as payments for products and services made at different stores. Particularly if adoption keeps rising, this more utility supports the case for more price appreciation. Though the $10 aim is encouraging, Dogecoin is under fierce competition from more recent and creative initiatives such as Rexas Finance (RXS). Whale Investors Bet Big on Rexas Finance (RXS) Although Dogecoin is attracting the interest of retail investors, whale investors—who own large quantities of cryptocurrencies—are progressively betting on Rexas Finance (RXS). Whales can influence markets, and their large investments in Rexas Finance indicate a conviction that this token is about to see a major price rise, maybe surpassing the expected increase of Dogecoin. Positioned as a breakthrough token in the fast-expanding realm of tokenized real-world assets (RWA), Rexas Finance (RXS) With only one click, the initiative lets anyone, anywhere in the globe purchase, trade, or tokenize actual assets. Rexas Finance provides countless opportunities for tokenizing assets like real estate, art, goods, and intellectual property regardless of full or fractional ownership. Since this invention provides useful use cases outside of the speculative character of many other cryptocurrencies, it is considered a main factor in increasing demand for RXS. At $0.07 in its fifth presale stage, Rexas Finance has shown outstanding performance already. Earlier presale stages sold out ahead of time, raising over $6.58 million and increasing the price of the token by 133% from its starting value. With the expected listing price set at $0.20, the presale investors are assured almost a 3x return at the official listing. Rexas Finance’s great expansion potential and creative approach to the RWA market are attracting whale investors. predicated on Rexas Finance’s conviction that more investors value tokenizing real-world assets, the estimate of a 26,331% surge is predicated on exponential development. This kind of price spike would propel the token to a far higher price point, therefore transforming even little investments into significant gains. Whales supporting the project will probably influence other investors as well, hence increasing demand and pricing. Rexas Finance (RXS) Innovative Features Because of its emphasis on actual asset tokenization, Rexas Finance distinguishes itself in the cryptocurrency scene. By tokenizing assets from anywhere in the globe and providing fractional ownership, investors can access hitherto difficultly accessed new asset classes. An investor in one nation, for example, might readily buy a real estate property in another, therefore expanding worldwide markets to a larger spectrum of investors. Rexas Finance distinguishes itself from more speculative tokens like Dogecoin by this originality. Although Dogecoin mostly depends on social media buzz and celebrity sponsorships, Rexas Finance has a strong basis based on actual use. Whales seeking long-term expansion find the initiative appealing since it might disturb sectors including real estate, art, and commodities. Furthermore, Rexas Finance has exhibited an outstanding increase in its presale phases, indicating great project confidence and investor enthusiasm. Whale investors betting on a 26,331% increase make it abundantly evident that many think Rexas Finance has growth potential to surpass other cryptocurrencies, including Dogecoin. 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

As the dust settles on Donald Trump’s return to the White House, the crypto space is hyped about the new presidency’s friendly stance for digital assets and Web3 in general. The global crypto market, which soared past $3 trillion following his election, is optimistic for the next four years to introduce clearer regulations and a friendlier business environment. Uptick market movements and policy projections aside, the crypto ecosystem wonders who will help Trump navigate the Web3 and blockchain spaces. According to a source close to the matter, TRON founder Justin Sun is slated to meet with President-elect Trump in the coming weeks. The rumored meeting has sparked speculation that Sun could step into a role as a key advisor on cryptocurrency and Web3 technologies. As the founder of TRON, one of the major blockchain platforms, Sun is known as a vocal advocate for Web3 innovation. If he assumes an advisory role, Sun’s influence could shape how the Trump administration approaches everything from digital asset regulation to fostering DeFi innovation. Sun’s expertise and connections within the industry position him to bridge the often-tense divide between regulators and crypto entrepreneurs, establishing a direct line between blockchain leaders and the government. Ripple CEO Brad Garlinghouse has also been linked to potential discussions with Trump. Social media users quickly noticed Garlinghouse’s recent activity, including liking posts that alluded to a meeting, which some interpreted as a subtle confirmation. In a recent FOX Business interview, Garlinghouse sidestepped questions about his potential involvement but hinted at the administration’s growing interest in blockchain technologies. Markets React with Enthusiasm The cryptocurrency market has responded to Trump’s election with enthusiasm, buoyed by the possibility of a more constructive regulatory approach. Bitcoin hit a record high of $93,434 on November 13, doubling in value over the past year and surging 30% since the election. Ethereum (ETH) has also experienced a sharp rally, climbing 33% to reach $3,220. A Turning Point for Blockchain If Justin Sun and other crypto leaders take on advisory roles, it could signal a sea change in how blockchain and Web3 are integrated into U.S. policy. Beyond just fostering innovation, such collaborations could lay the groundwork for a regulatory framework that balances growth with consumer protection. Sun’s potential role aligns with his reputation as a blockchain pioneer, one who has consistently championed decentralization and the democratization of technology. Meanwhile, Garlinghouse’s involvement would bring the perspective of an executive navigating the intersection of crypto and traditional finance. Together, they represent the diverse potential of the blockchain sector. As Trump’s administration takes shape, the rumored involvement of crypto heavyweights highlights the growing role of digital assets in shaping the global economy. While neither Sun nor Garlinghouse has confirmed their roles, the mere prospect of their participation demonstrates the rising influence of the crypto sector on the political stage.

HO CHI MINH, Vietnam, November 13th, 2024, Chainwire Recently, CoinList conducted a poll asking users, “What category of projects do you want to see most on CoinList?” underscoring growing interest in decentralized infrastructure solutions. Following this, CoinList announced an exciting partnership with U2U Network, a DePIN-focused Layer 1, for an exclusive pre-listing campaign. DePIN – More than just a trend Decentralized Physical Infrastructure Network (DePIN) is emerging as a technology aimed at shifting how infrastructure is managed. By decentralizing services like computing, energy, and telecommunications, DePIN seeks to offer scalability, resilience, and cost-efficiency beyond what centralized systems typically provide. This innovation represents a new phase of technological progress—one that broadens access and creates opportunities for communities historically excluded from economic growth. DePIN’s impact is set to be significant As of November 2024, the DePIN sector boasts a market capitalization exceeding $33.6 billion, according to CoinGecko. Venture capitalists are increasingly investing in DePIN projects, indicating strong interest in the sector. A 2023 report by Messari values the market potential for DePIN at $2.2 trillion, with projections to reach $3.5 trillion by 2028. To date, DePIN projects have collectively raised over $1 billion in funding, reflecting growing investor confidence in this area. CoinList, the top 1 IDO platform in crypto, acknowledged the potential of DePIN and joined the market with many successful DePIN projects such as Filecoin, NATIX, Koii, peaq, etc. After the recent successful listing period of Peaq, CoinList has just announced its new collaboration with U2U Network, the leading DePIN Layer1 in Asia, for a new pre-listing campaign. Coinlist x U2U Network: U2U Incentivized Mainnet Saga Campaign U2U Network, backed by Kucoin Ventures, Chain Capital, IDG Blockchain, JDI, Cointelegraph, Crypto Assets Japan, and V3V Ventures, stands as the only DePIN project selected for collaboration by CoinList in Q4 2024, a clear sign of its innovation and leadership. As a modular Layer 1 network, U2U Network uses advanced directed acyclic graph (DAG) technology and Ethereum Virtual Machine (EVM) compatibility to provide fast transactions and quick finality. U2U Network aims to address the fragmented nature of the DePIN market, where full integration across applications is rare. Its vision is to create a complete blockchain solution for DePIN. The network’s unique subnet technology allows for the creation of customizable, independent sub-networks that offer scalability and flexibility tailored for DePIN applications. This design provides high performance, strong security, and adaptability, giving developers the tools to build and launch DePINs efficiently while enabling users to connect, contribute, and earn from various DePIN projects. CoinList’s partnership with U2U Network reflects their shared commitment to advancing the DePIN sector. This collaboration is highlighted by the U2U Incentivized Mainnet Saga Pre-listing Campaign, marking a key step in driving the growth and adoption of DePIN technology. With a way to earn with This campaign to get access to $U2U tokens before they hit the market. Users now have an opportunity to earn $U2U tokens by bridging $USDT on Owlto Finance to receive $pUSDT and then staking $pUSDT in the U2U Incentivized Staking Pool. A reward pool of 10,000,000 $U2U tokens has been allocated for this initiative. Timeline: 90 days, from 12th Nov 2024 to 10th Feb 2025 For more information, users can visit: https://mainnetsaga.u2u.xyz/ Beyond its partnership with CoinList, U2U Network is set to embark on an ambitious campaign with Bitget, a world-leading cryptocurrency exchange and Web3 innovator. This collaboration marks another significant step in U2U Network’s mission to expand its reach and influence within the DePIN ecosystem. Stay connected with U2U Network’s social channels for upcoming details about this exciting venture. The Future Goes On As excitement builds across the community from U2U Network’s pre-listing campaigns, the anticipated listing is set to launch in Q4 2024. With its vision to be a comprehensive blockchain solution for DePIN, U2U Network is poised to take the blockchain space by storm, bringing robust innovation and value to its ecosystem and users alike. As the listing approaches, the path forward for U2U Network promises exciting opportunities and impactful contributions to the blockchain industry and beyond. About U2U Network: U2U Network is a modular L1 with subnet technology that perfect fit for DePIN. Their backers include Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, Kucoin Venture, V3V Fund, Web3Port, and others. The project has also entered into partnerships with AWS, Klaytn Foundation, IoTex, Waterdrip Capital, Chain Catcher, etc. KOLs that have invested in U2U Network are KongBTC, Romano, ImNotTheWolf, Crypto Buzz, Antony, etc. Mainnet is ready with more than 180K wallet addresses. DePIN Subnet launched with U2DPN product with more than 155K downloads, 59K contributer nodes, and 9K DAU in 3 months of launching. 80 dApps committed to building on chain (EVM-compatible) range from crypto applications (Defi, Gamefi, SocialFi, etc) to real-world scenarios (Storage, data mining, etc), and over 40 DePIN project signed MOU and under integration, 25 other projects in the pipeline. About the host VTIS Vietnam Tech Impact Summit 2024 (VTIS) – The Premier Tech Event in Vietnam. VTIS is a hub for transformative innovations, serving as “The gateway to Vietnam’s emerging technology market”. VTIS connects global experts, businesses, investors, and tech enthusiasts across technology sectors. Focusing on 4 themes—Fintech, AI, Blockchain, Gaming, VTIS will unlock market access, partnerships, and investment opportunities for startups. Hosted by SSI and FPT Group and Organized by SSID. Website: Vtis.io REFERENCE: Top depin coins by market cap (no date) CoinGecko. Available here (Accessed: 12 November 2024). Kassab, S. (2023) The DePIN Sector Map, Messari Crypto News. Available here. (Accessed: 12 November 2024). The all-time top 8 most funded Depin projects (in US $ million). Available here. (Accessed: 12 November 2024). Contact Astrid Dang U2U Network [email protected] 09081246492

Ethereum price started a downside correction below the $3,150 zone. ETH is now consolidating near $3,120 and might attempt a fresh increase. Ethereum started a short-term downside correction below the $3,150 zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains stable above the $3,040 zone. Ethereum Price Eyes Fresh Increase Ethereum price failed to start a fresh increase above the $3,250 zone and started a downside correction like Bitcoin. ETH declined below the $3,150 and $3,120 support levels. The bears even pushed the price below the $3,040 zone. It tested the $3,000 support zone. A low was formed at $3,016 and the price is now consolidating losses. It climbed above the 23.6% Fib retracement level of the downward move from the $3,340 swing high to the $3,016 low. Ethereum price is now trading below $3,200 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $3,120 level. There is also a short-term contracting triangle forming with resistance at $3,120 on the hourly chart of ETH/USD. The first major resistance is near the $3,180 level or the 50% Fib retracement level of the downward move from the $3,340 swing high to the $3,016 low. The main resistance is now forming near $3,220. A clear move above the $3,220 resistance might send the price toward the $3,320 resistance. An upside break above the $3,320 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,450 resistance zone. Another Decline In ETH? If Ethereum fails to clear the $3,320 resistance, it could start another decline. Initial support on the downside is near the $3,060 level. The first major support sits near the $3,040 zone. A clear move below the $3,040 support might push the price toward $2,980. Any more losses might send the price toward the $2,920 support level in the near term. The next key support sits at $2,880. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,040 Major Resistance Level – $3,120

Bitcoin price saw a short-term correction below the $90,000 zone. BTC is now again rising and the bulls could now aim for a move above $94,000. Bitcoin started a fresh increase from the $86,600 zone. The price is trading above $88,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $91,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $91,000 resistance zone. Bitcoin Price Aims Higher Bitcoin price started a short-term downside correction below the $90,000 level. BTC traded below the $88,000 level before the bulls appeared. A low was formed at $86,622 and the price is now recovering higher. There was a move above the $90,000 level. A high was formed at $91,839 and the price is now consolidating. It tested the 50% Fib retracement level of the upward move from the $86,621 swing low to the $91,839 high. Bitcoin price is now trading above $88,000 and the 100 hourly Simple moving average. On the upside, the price could face resistance near the $91,000 level. There is also a connecting bearish trend line forming with resistance at $91,000 on the hourly chart of the BTC/USD pair. The first key resistance is near the $91,850 level. A clear move above the $91,850 resistance might send the price higher. The next key resistance could be $92,500. A close above the $92,500 resistance might initiate more gains. In the stated case, the price could rise and test the $93,450 resistance level. Any more gains might send the price toward the $95,000 resistance level. Another Decline In BTC? If Bitcoin fails to rise above the $91,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $89,250 level. The first major support is near the $87,850 level or the 76.4% Fib retracement level of the upward move from the $86,621 swing low to the $91,839 high. The next support is now near the $86,620 zone. Any more losses might send the price toward the $83,500 support in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $89,250, followed by $87,850. Major Resistance Levels – $91,000, and $92,500.