As cryptocurrency enthusiasts seek promising opportunities, their attention quickly pivots to follow market trends and emerging possibilities. POL’s positive momentum following its listing on Binance captured interest, as its price ascended by 18% to $0.044, only to undergo a subsequent correction. Meanwhile, TRON, despite generating $577 million in quarterly revenue, experienced only a slight price increase to $0.1542, prompting some market participants to look for more lucrative opportunities. Moreover, BlockDAG has emerged at the forefront in the crypto market, achieving an unprecedented $10 million within just 72 hours of its presale and cumulatively raising over $92 million. This monumental success has not only demonstrated robust market confidence but also established BlockDAG as the decade’s most significant presale, with projections pointing towards a potential price of $20 by 2027. POL’s Upward Momentum Post-Binance Listing Following its rebranding from MATIC to POL, Polygon has experienced a notable 18% surge in price after being listed on Binance, escalating from $0.037 to $0.044. However, the initial enthusiasm faced a setback with a price correction, stabilizing the currency around $0.040. Market volatility and intense competition from emerging projects have led some holders to reassess their positions, though POL continues to hold promise for substantial long-term performance despite recent fluctuations. TRON’s Modest Gain Amidst Previous Highs TRON (TRX) has fortified its market presence in 2024, boasting a $13.36 billion market cap and generating $577 million in revenue during the third quarter, outperforming giants like Bitcoin and Ethereum in terms of profitability. Nevertheless, despite these achievements, TRON’s recent price increase has been modest at 1.43%, bringing it to $0.1542. This marks a 48% decrease from its all-time high of $0.3004 reached seven years ago. The ongoing price volatility and slow growth have dampened enthusiasm among some market watchers, particularly in light of more significant gains seen across the broader crypto market. BlockDAG’s Spectacular $10M Presale in Just 72 Hours Is $20 by 2027 Within Reach? In a remarkable demonstration of market enthusiasm, BlockDAG has garnered $10 million during its presale, marking it as one of the year’s standout projects. This influx of capital in such a short period underscores strong market confidence, with major participants quickly securing their positions. With its performance, BlockDAG stands out as the largest presale of the decade. The presale has not only seen a significant rise but also an impressive increase in the price of BDAG coins across subsequent batches, enhancing its appeal to a broader spectrum of market participants. Early supporters have witnessed a 1960% increase in their holdings, with the coin’s price escalating from $0.001 to $0.0206. To date, over 13.9 billion BDAG coins have been sold, accumulating more than $92 million across 24 presale batches. This phenomenal success is a testament to the strong backing and growing confidence in the project’s potential from the market. With more than 140,000 unique holders now, demand for BDAG coins is surging, leading experts to project that BDAG could reach $20 by 2027, potentially offering early backers a return up to 20,000 times their initial participation. As demand continues to build, the current presale batch is nearing its end, potentially leading to a further increase in BDAG coin prices. This presents a timely opportunity for those looking to participate at a more accessible price point before the next batch likely drives prices higher. Exploring Top Cryptos While POL has experienced a bullish trend following its Binance listing, leading to an 18% increase before a subsequent correction, TRON has faced challenges with only modest price gains despite strong network performance. In contrast, BlockDAG’s presale continues to exceed expectations, solidifying its position as a promising crypto. With $10 million raised in just 72 hours and more than 140,000 holders, BDAG is swiftly becoming a top crypto. Market experts believe BDAG could reach as high as $20 by 2027, offering significant potential for early participants. This period may be an opportune time to engage with this rapidly growing project at a lower price. Join BlockDAG – Act Now Before Prices Increase: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

SUI is experiencing a notable pullback after its recent rally, with multiple key support levels coming into focus. As the price edges lower, these areas will play a pivotal role in determining whether the asset can regain its bullish momentum. A strong defense of these supports could signal the start of a fresh upward move, while a failure to hold may lead to deeper declines. This article aims to assess SUI’s recent price pullback and explore critical support levels that could trigger a potential bullish reversal. By analyzing technical indicators and market conditions, it seeks to provide insights into possible recovery scenarios, highlighting the levels to watch for a sustained upward movement or further downside risk. Recent Price Action: SUI’s Decline Explained Recently, SUI’s price has taken a bearish turn on the 4-hour chart, following a rejection at the $2.1 resistance level. Despite this decline, the cryptocurrency remains above the 100-day Simple Moving Average (SMA), indicating that a recovery may be possible, provided buyers regain control and the market shifts back in favor of the bulls. An analysis of the 4-hour Relative Strength Index (RSI) suggests that bulls could be preparing for a resurgence. Although the RSI has slipped to 55% from the overbought zone, it remains above the crucial 50% mark, indicating that bullish momentum persists. This positioning reflects a temporary slowdown, but as long as the RSI holds above this threshold, the market retains the potential for renewed upward movement. Also, on the daily chart, SUI is exhibiting signs of negative pressure, trading above the 100-day SMA. While the price remains above the SMA, this current bearish movement could be short-lived, as there remains a possibility for a price recovery. The positioning above the SMA implies that buyers could step in to reverse the trend if they regain control, potentially leading to a rebound in price. Finally, on the 1-day chart, a closer examination of the RSI formation indicates that SUI’s price may experience further declines, as the signal line has descended to 69% from the overbought territory. However, there is the possibility of a bullish comeback if the RSI can maintain its position above the 50% threshold. Key Support Levels: Where Could SUI Buyers Step In? SUI is approaching critical support levels that could attract buyers and trigger a recovery. The initial key level to monitor is the $1.4 support zone, which could serve as a critical point for renewed bullish interest. Should buyers step in at this level, SUI might rebound toward the $2.1 resistance mark. A successful breakout above this resistance could pave the way for the formation of a new all-time high, signaling a strong resurgence. However, if the $1.4 support level fails, the next critical area to watch is around the $1.1 mark, where a stronger base of support could form as the price continues to decline. Maintaining these levels is crucial since it will determine whether SUI can regain upward momentum or remain vulnerable to more bearish pressure.

Taiwan FSC plans to trial the crypto custody services of the virtual assets. Applications for the crypto custody trial will begin from Early 2025. Taiwan’s Financial Supervisory Commission (FSC) plans to trail the custody services of open digital assets. Three domestic banks have taken the initiative to participate in the trial program, which is set to kick off in the first quarter of 2025. These banks are expected to provide storage solutions for the cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). The Financial Supervisory Commission (FSC) has laid strict guidelines for the institutions. It requires them to specify the assets they support and identify their target user base. Hu Zehua, FSC Global Planning Division Director, has stated that the authority plans to release information about the project trial at least 15 days before it begins accepting applications. Moreover, the FSC plans to collect feedback from the public on the proposed trial. On the other hand, the Taiwan FSC has informed that it would allow institutional investors to trade foreign crypto exchange-traded funds (ETFs). The regulators plan to draft a proposal for crypto laws by December 31. It aims to formally propose by June 2025. The Financial Supervisory Commission of Taiwan has assured the security of the custody business and the prevention of money laundering. Furthermore, it stated that the financial institutions should block the virtual assets based on illegal funds to avoid the risk. Highlighted Crypto News Bitcoin (BTC) Slides Under the Bearish Cloud at $62K

Ethereum (ETH) is trading at $2,429, with a 24-hour increase of 0.09% and a weekly rise of 0.49%. ETH’s market cap has dropped below $300 billion, currently sitting at approximately $293 billion. The second largest crypto, Ethereum (ETH), is currently facing a challenging phase as its price hovers around $2,400, reflecting a slight 0.09% increase in the last 24 hours and a 0.49% rise over the week. However, this recent uptick comes amid broader concerns about its ability to maintain key support levels, particularly after hitting resistance at $2,560 earlier this week. This decline has caused Ethereum’s market cap to fall below $300 billion, now standing at $293 billion, with trading volumes dropping by over 8% to $13 billion in the past day. Bearish Signals Emerge Amid Resistance Challenges for Ethereum The Ethereum price was rejected by the daily resistance level at $2,470 on Wednesday. According to the ETH/USD 4-hour chart, the 50-day MA has fallen below the 200-day MA, indicating a bearish crossover. Both MA are positioned above the current price of ETH, suggesting that downward pressure may persist in the short term. Additionally, the Relative Strength Index (RSI) sits at 49, just below the neutral mark, suggesting ongoing weakness. ETH Price Chart (Source: TradingView) Further, Ethereum might be in a strong bearish trend, with the signal line positioned above the MACD line, indicating a potential sell signal. However, the zero line is above both the signal and MACD lines, suggesting that the overall momentum might still be bullish despite short-term weakness. In that case, if the daily resistance level at $2,400 remains stable, Ethereum could rise from its current trading level to challenge its October 1 high of $2,655. However, the RSI on the daily chart is currently at 49, below the neutral level, suggesting weakness and a continuation of the downward trend. Conversely, if selling pressure persists, a decline of around 5% could push Ethereum down to $2,256.

Hedera, a proof-of-stake platform, wasn’t spared from aggressive bears in early October. After HBAR, its native token, floated higher in September, the rejection of bulls in early October resulted in a double top. Overall, there is optimism that bulls will resume and push prices to new Q4 2024 highs. The pace of this growth will depend on how the market performs and whether fundamental factors around the project will prop up buyers. Will HBAR Rise By At Least 30X? While there are cracks in the HBAR price action, considering the dump from April highs of around $0.18, one analyst on X thinks the token is set for major gains. From his assessment, Hedera can easily score 30X in the coming sessions, mirroring the gains posted by Cardano in the last cycle. Then, ADA soared by over 170X. If HBAR is to follow the same path, the token can easily soar to $6, over 60X from its 2024 highs. Presently, technical candlestick arrangements favor sellers. After the rally to $0.18 in April 2024, HBAR has been falling. To put the numbers into perspective, the token is down 70% but is stable after finding support in August and September. The local resistance is the double top at around September highs. If prices break above this liquidation zone, HBAR bulls could embark on the journey to drive the coin to $0.18. In effect, this will resume the uptrend set in motion in Q1 2024 and early Q2 2024. Hedera Fundamentals Key To Driving Growth There are fundamental factors to consider that may propel HBAR, helping the token shake off weaknesses. Early this month, Canary Capital released the first United States HBAR Trust. Like Grayscale products, including the ETHE and GBTC, the HBAR Trust allows institutional investors to gain exposure to HBAR. Accordingly, this could drive demand, lifting prices. In September, Hedera launched the Asset Tokenization studio. Through this solution, the network would be at the forefront of driving the tokenization of real-world assets (RWAs) while adhering to existing laws. Already, BlackRock, one of the world’s largest asset managers, believes tokenization will rapidly grow in the coming years, managing trillions. According to rwa.xyz, over $12.7 billion worth of RWAs has been tokenized. Additionally, there is interest. In the last month alone, the number of RWA holders rose to 68,929, a 4% increase. Most of these assets are tokenized on Ethereum and Stellar.

The Bitcoin price is still recovering from a major dip to $60,000 in the first three days of October. As the bulls and long-term holders continue to capitalize on the dip, analysis of on-chain data has revealed that the selling pressure has been eased massively as the majority of short-term holders have exited the market. Interestingly, these short-term holders are accountable for the drop to $60,000, as the data shows many of them exiting the market during the initial decline, further exacerbating the price drop. Short-Term Holders Exit The Market According to an analysis of Bitcoin holder cohorts using data from the CryptoQuant platform, the supply of Bitcoin held by short-term holders has declined substantially since the beginning of the month. Although this contributed to a Bitcoin price decline during this timeframe, it is not necessarily bad for the crypto moving forward. This notable decline is visible in purple bars in the chat below, with every period of price downturns highlighted by an increase in short-term holder selloffs. The Bitcoin price, which ended September around $65,000, kicked off October with a price dip amidst broader market tensions. This, in turn, led to a 7.5% Bitcoin price dip until it bottomed at $60,100. Notably, the chart highlights that this most recent decline to the $60,000 level coincided with the emergence of more purple bars, revealing that the selloff by short-term holders played a significant role in the price decline. What Does This Mean For Bitcoin? Moving forward, the selloff from short-term holders and the price decline has given rise to more accumulation by long-term holders. This, in turn, gives rise to the creation of a price floor around $60,000 in the coming weeks and months. It also marks the shift of more bitcoins to stronger hands who would rather hold than sell. Notably, the exit of many short-term holders has given rise to a better average cost for the cohort. According to on-chain metrics revealed by a verified CryptoQuant analyst, the average cost of one to three-month holders is now around $61,633, and the average cost of three to six-month holders is around $64,459. At the time of writing, Bitcoin is trading at $62,130, which positions it right in the middle of these two key holder cohorts. According to analyst Burak Kesmeci, a decisive close above the $64,500 level would significantly strengthen the bullish momentum, giving both short and long-term holders more confidence to continue holding. On the other hand, if Bitcoin falls below $61,600, it could trigger a wave of additional selling pressure from more short-term holders, potentially leading to further price declines to revisit $60,000 again.

Payments Blockchain Fuse has unveiled Charge, the first Web3 merchant bank that offers a wide variety of crypto and fiat payment solutions. Charge will provide a comprehensive range of services, including payments and invoicing, to companies involved in the blockchain sector. Charge is a first-of-its-kind innovation in the cryptocurrency space that makes it simpler to handle cross-border transactions, create invoices, and accept payments with transaction costs as low as 0.5%. Charge becomes the first non-custodial Web3 merchant bank by achieving this. Charge is intended for SMBs, or small to medium-sized enterprises. It lowers obstacles to global trade by facilitating customers’ transactions in numerous cryptocurrencies and cash. Since Charge is a non-custodial payment solution, it may function without a banking license. At all times, clients have complete control of their assets. Charge offers SMBs working at the nexus of Web3 and Web2—including cryptocurrency companies and e-commerce stores—a versatile and user-friendly financial solution. With its comprehensive API support, Charge may be completely integrated by developers into their current technology stack. Sturdy security measures enable Charge customers to have total control and supervision over their assets. Fuse CEO Mark Smargon said: Digital currencies are widely used by individuals and companies for e-commerce and cross-border payments. However, concerns about cost, usability, and security have prevented wider use. By providing a complete, non-custodial solution that integrates easily with current fiat systems and takes use of Web3’s flexibility, Charge seeks to overcome these issues. With a 40% compound annual growth rate, web3 payments are projected to reach a $3 billion market size by 2025. More than 60% of companies say they would be open to accepting cryptocurrency payments if the procedure were made safer and easier to use. Charge, a key player in the blockchain payment sector, will quicken this trend. By applying crypto-economics to merchant reputation and resolving the usability, privacy, and trust challenges impeding the widespread adoption of Web3 payments, Charge is leading the way in the development of a new business model.

The UK-based Web3 game studio Dragonz Lab recently revealed that it has raised $9 million in funding, with the lead investor being Syndicate Capital Limited Partnership Fund (LPF), a venture fund that specializes in Web3, Blockchain, and AI investments and acts as a community builder to support the growth of the digital economy. By promoting digital property rights and the Web3 ecosystem, this strategic equity investment seeks to further the growth of Dragonz Land, a utility-driven Play-2-Earn game. With the help of Syndicate Capital LPFs, Dragonz Lab intends to use the funds to improve the features of the game, like PvP tournaments, strategic guild alliances, and a customer loyalty program, as well as to expand the ecosystem of Dragonz Land, which currently has a base of over 5.3 million monthly active users. Dragonz Land blends vibrant gameplay, community interaction, and exclusive NFT cards. In addition to purchasing, gathering, leveling up, and trading cards across 16 different factions, players may also earn in-game tokens by tapping and doing various tasks. Players may purchase, gather, combine, and develop NFT cards to raise their rarity, power, and worth. With features like claiming Game Cards and NFTs, KOL/Heroes guilds, and other features, the cutting edge Web3 MTG style trading card game is integrated into a tap-to-earn experience. Andy Chen, Representative of Co-General Partner of Syndicate Capital LPF and Board Member of Dragonz Lab stated: The game utilizes blockchain technology for safe transactions and authentic ownership of digital assets. It is accessible on PC and mobile devices via Telegram. Since numerous tap games have failed to gain momentum, Syndicate Capital LPF is focusing on this growing sector. With this action, the Web2 frontier Asian venture capital fund becomes the first to invest in a Web3 Play-2-Earn game. Dragonz Land is distinguished by its captivating gameplay and lucrative revenue model, which includes in-game upgrades and purchases for ultimate users and owners of digital property. Dr. Albert Yip, Chairman of Syndicate Capital Group stated: In the next months, the project plans to release its tokenomics and other features, demonstrating its continued dedication to expanding its user base and community involvement. Go here to learn more about Dragonz Land, or start playing here.

The Sui Foundation has recently announced support for native USDC on the Sui network. NAVI, the inaugural and leading DeFi and liquidity protocol on Sui, announced that it would integrate Circle’s native USDC asset on DAY 1. This represents the third biggest USDC supply in the sector, after Aave and Compound, with $120 million in USDC liquidity. Capital efficiency is increased and user experience is improved across the ecosystem with the direct integration of Circle’s USDC stablecoin into the Sui network. In order to provide digital currency for payments and liquidity to billions of people worldwide, Circle is creating the biggest and most widely used stablecoin network. Currently ranked second in terms of market capitalization, USDC is managed by the firm. By fusing the speed of the internet with the strength and reliability of US dollars, it lays the foundation for a brand-new, decentralized global financial system. Sui’s position in the blockchain sector is strengthened by this action, which also improves user experience and encourages broader adoption of the Sui ecosystem. NAVI fully supports native USDC and offers a suite of in-application migration features, as well as a capital-efficient native USDC Liquidity Pool with features like flash loan capabilities and native USDC liquidity support. With Sui being the most recent blockchain network to adopt USDC, the role of permissionless composability, which makes use of already-existing open technologies, has propelled the quick growth of new applications and blockchain networks. Native vs Bridged USDC on Sui The Sui network now has native USDC, which streamlines transaction procedures and increases ecosystem liquidity. Now that users may access USDC directly on Sui, procedures will be streamlined and participant value will increase overall. Furthermore, by using Cross-Chain Transfer Protocol (CCTP), users may do away with the delays that are usually connected to bridge withdrawals, setting a new benchmark for blockchain efficiency. When it comes to benefits over bridged USDC (wUSDC), native USDC is superior. The asset is totally reserved and may always be redeemed 1:1 for US dollars, thanks to native issuance. Because they can depend on the integrity of the underlying asset, this gives developers and consumers alike an extra degree of confidence. Native USDC on NAVI To achieve optimal asset composability on the Sui network, the NAVI Protocol will include native USDC as a lending and borrowing liquidity pool to the fullest extent possible. NAVI wants to encourage consumers to switch from bridged USDC to native USDC completely as part of a larger ecosystem strategy. The first native liquidity protocol on the Sui network is NAVI. In the Sui DeFi ecosystem, it aims to become the leading liquidity protocol and lays the foundation for chains built on the Move system. In order to provide the greatest lending and borrowing experience possible, NAVI Protocol has integrated native USDC, which is completely backed by US dollars and redeemable 1:1. It is anticipated that the impending migration plan would hasten the acceptance of native USDC, consequently fostering the expansion and enhancement of the Sui DeFi ecosystem. In the next days, a thorough migration plan that outlines the procedures required for a smooth transfer will be released.

Market cap stands at $945.5M with a 26.65% decrease in volume. Technical analysis shows support at $1.77 and resistance at $2. Worldcoin (WLD) is currently trading at $1.84, experiencing a 6.87% drop in the last 24 hours. The market cap of WLD stands at $945,494,823, reflecting a 6.27% decrease, positioning it at #69 in the cryptocurrency rankings. The 24-hour trading volume has seen a significant drop of 26.65%, totaling $190,099,652. This indicates a volume-to-market cap ratio of 20.10%, suggesting active trading despite the decline. Worldcoin has a circulating supply of 514,995,944 WLD tokens, with a total supply of 10 billion tokens, giving it a fully diluted market cap of $18.36 billion. Alameda Research’s recent deposit of $265K worth of WLD tokens to Binance continues to weigh on the market. Sell-offs by Alameda over the last two months have created additional pressure, limiting Worldcoin’s recovery. Despite this, analysts suggest that if WLD can hold its support and overcome resistance, the token might see a bullish recovery in the coming days. Technical Analysis of Worldcoin (WLD) Price Movements The technical indicators show mixed signals for Worldcoin. The Relative Strength Index (RSI) is currently at 56.47, indicating that WLD is in a neutral zone. However, the RSI average sits at 53.56, suggesting that recent buying pressure could push the price higher if sustained. Moving averages indicate a potential short-term shift. The 9-day moving average is currently at $1.81, while the 21-day moving average is slightly higher at $1.77. This suggests that WLD could break its current range if bullish momentum continues. For support and resistance levels, Worldcoin is facing immediate support at $1.77. If the price fails to hold above this level, a further decline could take WLD down to $1.70. On the upside, the resistance lies at $1.90. Breaking through this resistance could lead to a price target of $2.00. The moving average crossover between the 9-day and 21-day averages further supports a potential upward movement, but traders should watch for confirmation. Worldcoin’s price is at a pivotal point. The next few days will determine whether it can sustain a breakout above resistance or see further downward pressure. Keeping an eye on trading volume, moving averages, and RSI levels will be crucial for predicting its next move. Highlighted Crypto News Today Bitcoin (BTC) Slides Under the Bearish Cloud at $62K

It’s been less than a year, and yet it’s hard to remember Bitcoin without a spot ETF. Just as Bitcoin before the advent of stablecoins, centralized exchanges, or block explorers, is hard to fathom now, the pre-ETF times feel dark and distant. Bitcoin didn’t need the SEC to rubber stamp an ETF to validate its existence, but it’s no exaggeration to say that Bitcoin is in a much better place today because of it. The 10 Bitcoin ETFs that have been approved since January in the US have provided institutional investors – and consumers – with a regulated, secure way to gain exposure to BTC without the challenges associated with direct ownership of the cryptocurrency. This has naturally served to increase Bitcoin’s addressable market; now pension funds can list it on their balance sheets. But more than that, it legitimized BTC as an asset and in the process put an end to much of the flak crypto users have been subjected to for years. If you just wanted a Bitcoin ETF to “pump your bags,” your wish has been granted. But if you wanted to see it approved so that former haters, from investment bank CEOs to Senators, would see the light, you’ve also gotten something out of the deal. Even those Bitcoin maxis who claim to have no interest in institutional adoption would be forced to concede if pressed that the ETF era has gone surprisingly smoothly. Almost 1M BTC has been bought up by institutions, while the underlying Bitcoin network has continued to serve its purpose without interference from those stockpiling it in droves. Bitcoin Gets Its Game-Changer It’s easy to dismiss the Bitcoin ETF as being of interest to institutions and their clients and no one else, but that would be a mistake. The approval of the first Bitcoin spot ETFs this year has improved access to crypto assets for users all over the world, even if they’re buying it on spot exchanges before withdrawing and self-custodying it. The fact is that the Bitcoin ETF couldn’t have come about had major industry players, from exchanges to custodial services, not tightened up their compliance, security, and reporting. This has improved the crypto industry for all participants, regardless of their net worth or investment status. As for the effect that the ETF has had on increasing demand for BTC, this impact is hard to overstate. On a recent episode of the VALR podcast, hosted by Farzam Ehsani, CEO of the eponymous crypto exchange, guest Eric Balchunas spoke frankly about the difference the ETF has made to Bitcoin. According to the Bloomberg Senior ETF Analyst, Bitcoin ETFs have accrued over $18.5 billion in net flows – a benchmark that it took gold ETFs four years to hit, despite them being perceived as hugely successful at the time. The IBIT and BlackRock Bitcoin ETFs have proven particularly successful, each hitting $20B in a little over 120 days. Bitcoin hasn’t just broken price records this year – it’s been breaking records on Wall Street, where investors can’t get enough of it. The Pros and Cons of ETFs ETFs can be accessed by a much wider tranche of investors than is commonly perceived, since many ordinary individuals benefit from it through pensions and similar investment funds that they have exposure to. Bitcoin ETFs can also be purchased by anyone with a brokerage account, adding millions of Americans to the list of new BTC buyers this year. But that’s not to say the ETF is for everyone, as Eric Balchunas was quick to point out on the VALR podcast. As he conceded, “For a true hardcore believer, I think you want your own wallet. The whole point is that it’s yours and the government can’t take it. So you’re not going to get that with an ETF. If the government were to confiscate Bitcoin, BlackRock would probably comply.” If you’re the sort of Bitcoiner who wants to custody their own coins – and potentially physical gold too – then the ETF will remain an abstract concept. But for ordinary investors who want to get involved but don’t want to manage their own wallet, the ETF is the perfect vehicle. It provides all the upside to holding BTC without the downside: security threats and the risk of losing private keys. Bitcoin spot ETFs have made it easier for institutions to allocate funds to crypto, acting as a price stabilizer due to large institutional inflows providing long-term support for Bitcoin’s price. This has helped to reduce some of the volatility typically associated with BTC, making its price more stable over time. Because institutions and retail investors trade Bitcoin ETFs on regulated exchanges, the ETF has also helped to create more liquid trading conditions, with liquidity from large institutional players improving overall market depth. From a technical and ideological perspective, Bitcoin is still Bitcoin, and no amount of institutional adoption will ever change that. But in every other respect, the ETF has been a genuine game-changer for Bitcoin, crowning its 15-year ascent to become the world’s favorite alternative asset.

Investors in Polygon (MATIC) and Litecoin (LTC) are turning their attention to an emerging $0.03 coin with substantial growth potential. Early buyers are already setting themselves up for massive gains, sparking excitement across the crypto market. This article examines why this low-cost gem is gaining traction and how you can join the ride to potentially life-changing returns by getting in early. Read on! Polygon’s MATIC Token Sees Unprecedented Whale Activity, But Price Struggles Polygon, the popular layer-2 scaling solution designed to boost Ethereum’s speed and efficiency, has seen a notable uptick in whale activity recently. This development is a sign of increasing interest in its native token, MATIC, even amid market uncertainty. Recent data from IntoTheBlock reveals a massive spike in large transactions involving MATIC. Over the last 24 hours, the volume surged by an impressive 16,263%, reaching a staggering $58.25 million. Despite this surge in activity, MATIC has been facing challenges in recent weeks. The Polygon token is currently trading at $0.421, reflecting a significant 26.41% drop in value over the past period. Polygon analysts remain cautious about MATIC’s near-term prospects. The Moving Average Convergence Divergence (MACD) indicator is showing bearish signals, which could point to further declines ahead. Given these signals, some experts predict MATIC could soon slip even lower, potentially hitting $0.385 if the downward pressure continues. Litecoin’s Surge in Active Addresses Sparks Mixed Price Forecasts for 2024 Litecoin is witnessing a remarkable rise in daily active addresses, with on-chain data from September 24, 2024, showing a 75% increase that pushed Litecoin’s active addresses past Ethereum’s. This surge indicates growing interest and engagement with LTC. This spike in activity has sparked predictions that Litecoin’s price could climb above $100 by the end of August. However, despite the positive outlook, LTC experienced a 1.11% decline, dropping to $63.20 a month later. However, LTC analysts remain optimistic, forecasting a price rebound to $95.46 by mid-July 2025, driven by positive momentum in decentralized finance (DeFi) projects. They believe Litecoin will benefit from strong market conditions surrounding top DeFi platforms. Conversely, some bearish LTC forecasts predict a potential drop to $69.75, pointing to negative technical indicators as a reason for caution. These LTC indicators suggest that Litecoin could face downward pressure in the near future. FXGuys Unleashes Game-Changing DeFi Revolution: Earn, Trade, and Profit with Zero Fees! FXGuys is set to revolutionize decentralized trading by combining cryptocurrency and proprietary trading on the Ethereum blockchain. This innovative platform opens access to the global trading market, providing a new way to engage with DeFi. The platform’s unique Trade2Earn model rewards users for every trade, regardless of success, promoting active participation and sustained demand for the $FXG token. Additionally, the staking system allows token holders to earn passive income by locking their assets, benefiting both traders and investors. FXGuys‘ PropFi program offers up to $500,000 in capital for traders, allowing them to implement strategies without risking personal funds. This feature is expected to attract both seasoned and novice traders, boosting liquidity and boosting the value of $FXG. Another key advantage is FXGuys’ zero buy/sell tax policy, which eliminates transaction fees. This allows investors to retain more profits, setting FXGuys apart from other DeFi tokens that are often weighed down by high transaction costs. By combining trading, staking, and institutional-grade resources, FXGuys has strong growth potential, positioning itself as a compelling option for traders and investors looking for cutting-edge DeFi and PropFi solutions. $FXG Targets Significant Growth, Offering Massive Profits in Q4 2024 $FXG is all set to deliver impressive returns, with early investors already seeing up to 100% profits in September 2024. The recently concluded Private Sale Round saw the token price rise from $0.015 to $0.030 per $FXG. The public presale’s Stage 1 has begun, offering 66.8 million $FXG tokens—8% of the total 835 million supply—at $0.03 each. This stage provides investors with the chance to buy at a discounted rate. Upon launch, $FXG is expected to start at $0.10, potentially giving Stage 1 investors returns exceeding 233%. Holders will enjoy benefits such as access to trading challenges with live-funded accounts of up to $500,000 and additional staking rewards. Investing in the PropFi platform now presents an opportunity to capitalize on $FXG’s growth potential and secure a significant return on investment. To find out more about FXGuys follow the links below: Website | Whitepaper | Socials | Audit Exclusive FXGuys Promo Code: USE PROP10 FOR 10% BONUS 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.

Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts—analogous to Keith Gill, also known as “Roaring Kitty,” in the stock market. Mahmudov has reportedly transformed an initial investment of just $2 into a fortune exceeding $100 million over the past five years. This astounding feat was detailed by Pix (@PixOnChain), an advisor to Mintify and researcher at Jirasan, and further analyzed by crypto analyst Rekt Fencer (@rektfencer) on X. From Bitcoin To Crypto To Memecoins Murad Mahmudov’s entry into the world of cryptocurrency began in 2013 while he was an exchange student in China. Surrounded by forward-thinking peers deeply invested in Bitcoin, he developed an early interest in digital assets. After a period working with financial giants Goldman Sachs and Glencore, Mahmudov returned to the crypto sphere in 2016, fully embracing the role of a Bitcoin maximalist. In 2018, he made headlines with a bold prediction: Bitcoin would reach $10 million per coin. This assertion was considered audacious even among staunch Bitcoin advocates. Despite his Bitcoin-centric philosophy, Mahmudov was quietly accumulating altcoins, including Ethereum at $150. Capitalizing on his market insights, Mahmudov co-founded Adaptive Capital in 2019 alongside several colleagues. The fund initially outperformed expectations, leveraging a formula that seemed to consistently beat the market. However, the unforeseen global COVID-19 pandemic in 2020 dramatically shifted the economic landscape. With significant long positions in Bitcoin, Adaptive Capital faced catastrophic losses as exchanges experienced outages during critical trading periods. The fund ultimately closed, returning the remaining capital to investors after sustaining a 55% loss. This pivotal moment prompted Mahmudov to reassess his investment strategies. Taking a hiatus from active trading, he re-emerged in June 2022 with a renewed perspective on the crypto market. The Memecoin Supercycle Recognizing emerging trends, Mahmudov shifted his focus to memecoins. He introduced the concept of the “Memecoin Supercycle,” positing that these tokens represent the next significant growth opportunity in the crypto market. In a viral post on September 12, Mahmudov unveiled his top ten high-conviction memecoin investments, complete with ambitious long-term market capitalization targets. Among them were tokens like SPX6900 SSPX on Ethereum, which he believes could reach a $100 billion market cap, asserting it as the “number one movement coin in the world” with a mission to “flip the stock market.” His predictions were met with skepticism, with some labeling him as overly optimistic. However, his conviction remains unshaken. “I’ve spent the last 10 weeks locked in my room doing nothing but studying Memecoins, silently hanging out in their groupchats, simply observing and studying their lore to develop conviction on my Top 10 long-term Memecoin plays. I will be sharing all 10 over the next 10 days,” he writes. Mahmudov’s insights gained significant traction following his recent presentation at Token2049. According to Mechanism Capital’s Andrew Kang his talk at Token2049 “catalyzed the next wave of capital reallocation into memecoins.” Crypto analyst Miles Deutscher summarized the key points of Mahmudov’s speech, noting the exceptional performance of memecoins in the current market cycle. Mahmudov emphasized that “assets will no longer move up in unison,” highlighting the distinct outperformance of memecoins compared to traditional altcoins. He argued that memecoins fulfill retail investors’ desires for community, identity, and excitement—elements often missing from utility-focused altcoins. “Memecoins as a superior version of altcoins,” Mahmudov asserted. “Memecoins are outpacing altcoins by delivering what retail actually craves: community, identity, and excitement, not just potential gains. It’s not just speculation, it’s culture, Deutscher explained. At press time, leading Solana based memecoin WIF traded at $2.52, up 75% in the last three weeks.

The Ethereum Foundation was at the center of attention recently concerning a liquidation plan it has set in place to sell parts of its Ether balance. According to the on-chain tracker Lookonchain, a wallet linked to the foundation moved 2,500 ETH, valued around $6 million, to the exchange Bitstamp on October 8, 2024. This is part of an increasing trend in which large holders, colloquially known as “whales,” are selling their holdings in the face of this volatile market environment. Significant Transactions Uncovered Lookonchain claims this is not the only transaction this foundation has lately done. ETH sold overall in 2024 is as high as 3,766, which brought $10.46 million. The organization sold 950 ETH in September, equal to $2.27 million. They sell them often, roughly every 11 days. The transaction averages about 151 ETH in size. The foundation still retains a significant sum: 271,274 ETH, or about $655 million. Market Reactions And Jitters The crypto community has a reason to worry over the continuous selling of Ethereum. Much of the investors have severely feared that this huge liquidation might lead to downward pressure on ETH prices. During the last 14 days, the price of Ethereum went down by around 8%. This has led some analysts to speculate that these selling events are contributing factors behind the bearish market of ETH. Community commentators are divided between interest and concern regarding the history of the wallet by the foundation, how it affects the market dynamics, Lookonchain has disclosed. Future Financial Planning Such sales, according to Aya Miyaguchi, an executive director of the Ethereum Foundation, are part of a deliberate financial strategy – working to pay for operational costs and cover the costs of ongoing projects. The entire annual budget is estimated to be around $100 million, with some of these costs – such as salaries and grants – requiring fiat currency. Thus, turning part of the ETH reserve into stablecoins like DAI has become routine. With the Ethereum Foundation still working through its financial situation in a volatile market, only time will tell how these continued sales will affect both the price of ETH and the robustness of the Ethereum ecosystem. With quite a bit of resources still locked up by the foundation, individuals are paying close attention to look for changes or constructive/violent reactions in the market. Featured image from ETF Stream, chart from TradingView

London, United Kingdom, October 9th, 2024, Chainwire Stablecoin Standard’s newly introduced set of global standards receives endorsement from a number of stablecoin issuers, including GMO-Z.com Trust Company (‘GMO Trust’), StraitsX and BiLira, that offer G10 currencies including JPY, SGD, TRY & USD Standards also endorsed by top ecosystem participants including Fireblocks, Solana, Bitstamp, Zodia Markets and JST Digital Stablecoin Standard, the industry body for stablecoin issuers globally, today announced that their recently unveiled set of global standards for stablecoin issuers have been endorsed by some of the leading stablecoin issues and ecosystem participants in the industry. Among those who have endorsed are Archblock, BiLira, Bitstamp, GMO-Z.com Trust Company (‘GMO Trust’), JST Digital, Fireblocks, Solana Foundation, StraitsX and Zodia Markets, signaling a new era of cooperation and standardization within the stablecoin industry. The standards, announced by Beth Haddock, Global Policy Lead at Stablecoin Standard, at the Annual Flagship Event in Singapore, were designed to promote operational resilience, transparency and consistent issuer commitments globally. Stablecoin Standard’s Policy Working Group created the high-level standards that are both general and actionable, while being sensitive to the innovation in the market. The endorsement of the standards lays the groundwork for a stablecoin ecosystem that prioritizes transparency, security and consumer protection. With increased scrutiny from regulators and growing demand for digital assets, unified standards can provide clarity and assurance to both industry participants and the public. Stablecoin Standard’s new framework aims to accelerate the adoption of stablecoins by fostering greater confidence among consumers, regulators, and traditional financial institutions. Stablecoin Standard and its endorsing members plan to continue refining these standards for implementation with the goal of achieving industry-wide adherence by Q4 2025. Quotes from Endorsers: About Stablecoin Standard Stablecoin Standard (SCS) is the industry body focused on setting operational, transparency, and product related standards for stablecoins. The SCS plans to achieve industry wide standards by sharing international best practices, business development use cases, forming industry led working groups defining what a high-quality liquid stablecoin should look like, and engaging with policymakers domestically & internationally. The SCS ecosystem consists of over 30 advisory board members, industry partners and issuers that offer digital currencies in global jurisdictions such as the US, EU, Singapore, Australia, and Turkey – among others. Users can follow the Stablecoin Standard on LinkedIn and X and to learn more, please visit: https://stablecoinstandard.com/ Contact Kevin McGrath [email protected]

COTI, the lightest and fastest privacy layer in Web3, has announced that it would be partnering with Gitcoin to launch a $500K grants program. The initiative’s goal is to hasten the creation of privacy solutions for the benefit of the larger web3 ecosystem. Through the collaboration, COTI will be able to take use of Gitcoin’s well-known grants management services and tools to onboard a fresh group of skilled web3 developers and privacy projects into its rapidly expanding privacy ecosystem. As the leading provider of grant programs, Gitcoin has given over $60 million to developers on thousands of projects since 2017. The goal of COTI’s grant program is to significantly increase exposure among the active Gitcoin community. A revolutionary new privacy solution based on garbled circuits has been implemented by COTI. According to benchmark tests, the technology is over 1000 times quicker than alternatives, allowing builders to implement privacy features quickly and affordably for the first time. A new wave of privacy-focused initiatives will be supported by the new grants program, which will also encourage innovation for the benefit of the larger Web3 ecosystem. With the support of Ethereum and the ground-breaking cryptographic protocol Garbled Circuits, COTI presents the most sophisticated and compliant acceptable approach to public blockchain data security. COTI opens up a whole new realm of use cases, including decentralized identity, artificial intelligence, decentralized finance, and more, paving the way for the next wave of Web3 innovation and adoption. COTI CEO Shahaf Bar-Geffen said: Gitcoin’s end-to-end grants solution will be used by COTI to establish, oversee, and expand its grants program. Gitcoin offers a transparent framework for funding deserving developer initiatives that will improve the COTI ecosystem and increase web3 privacy use cases. The biggest grants pool for privacy-focused initiatives in web3 history was established by COTI earlier this year. This will be strengthened by the $500K Gitcoin grants program, which will also provide developers a direct avenue for exploring COTI’s potential. In the process, it will encourage further innovation in privacy apps that address use cases across all web3 sectors. Full information on how to apply for a COTI Gitcoin grants will be available shortly. Gitcoin’s goal is to provide a comprehensive range of configurable, on-chain grants options to assist in funding important projects across the Ethereum network. The Gitcoin Grants Program has attracted investments from some of EVM’s top ecosystems, like the Ethereum Foundation, Optimism, and Arbitrum, to mention a few. So far, more over $60 million in funding has been distributed for public goods. Gitcoin has since released its infrastructure as open source, allowing communities to start their own financing initiatives with extensive grant experience already built in. The Allo protocol, which includes a library of secure, thoroughly documented smart contracts and tooling that can be customized to create the most potent allocation strategies on the market—including Retroactive Public Goods Funding and Quadratic Funding—makes Gitcoin’s suite of modular applications and innovative funding mechanisms available.

Bitcoin trades at $62K after losing 0.42% in the last 24 hours. BTC has entered into the neutral zone as the Fear and Greed Index stays at 49. Bitcoin (BTC) is currently hovering at $62K, showing brief signals of recovery from the steady plunge. Over the past few days, the largest asset has defied all bullish market predictions by extending its bearish rally to date. BTC touched a high of the $66.3K mark in late September, ascending from a low of $55.8K. The current market volatility has kept the asset away from the upward movement. Over the past 24 hours, BTC has declined by 0.42%. The asset’s intraday high and low were observed at $63,174 and $61,843, respectively. At press time, BTC traded at $62,082, as per CMC data. Consequently, BTC has stepped into the neutral zone as the Fear and Greed Index stays at 49. Besides, Santiment data has noted a whale transaction on Bitcoin’s network, which coincided with a spike in dormant BTC activity and $37.4 billion in on-chain volume, the highest in seven months. This increased movement of stagnant BTC historically signals positive future price action. Bitcoin’s ETF outflows were registered at $18.66 million as of October 8, as per SosoValue data. Moreover, according to Coinglass data, the market witnessed the BTC liquidation of $29.75 million. Will the BTC Stay Reserved? Bitcoin has been trading bullishly in the past month, rallying over 12.50%. But the asset has failed to continue its upward momentum, losing nearly 0.66% and slipping to a low of $60K. However, the bearish trend has been prolonged. Meanwhile, the four-hour technical chart of BTC displays the Moving Average Convergence Divergence (MACD) indicator below the signal line, suggesting a bearish trend and decreased buying pressure. In addition, the short-term 50-day moving average is found above the long-term 200-day moving average. Notably, BTC is entering the neutral zone, as the daily relative strength index (RSI) stands above 45. If Bitcoin fails to hold the upward momentum at $62.5K, it might likely slide below $61,470. However, if BTC could gain its price, it may return to the $63,640 range. This upside momentum might trigger the price to bolster the bullish rally.

Fluctuating prices in the cryptocurrency market is something that has become a normal practice. Pleasingly enough, as the search for the next new thing goes on, three projects come up that have caught the eyes of traders and analysts: NEIRO, Shiba Inu (SHIB), and Rexas Finance (RXS). While all three have experienced growth and excitement in their respective journeys, Rexas Finance appears poised to deliver 5,000% gains before the rest, thanks to its strong fundamentals and promising outlook in the realm of real-world asset (RWA) tokenization. NEIRO: A Rollercoaster After Its 4,300% Surge NEIRO made headlines after a spectacular 4,300% surge following its listing, jumping from a low price to a peak of $0.0008758. However, after its listing-day frenzy, NEIRO has been consolidating, showing signs of exhaustion. Analysts are warning that NEIRO’s bulls might be running out of steam, with projections of a potential 2,000% drop on the horizon as bears prepare to take over. The occurrence of an upturn followed by a period of consolidation is not peculiar in crypto, especially for fresh tokens. Although NEIRO did well in its debut, there are apprehensions in the market about the scope for its further renewal and hence it is not possible to go up by 5,000 % within a couple of months. Shiba Inu (SHIB): A Meme Coin Which Is Running Out Of Steam One of the leading meme coins that has had its fair share of attention is Shiba Inu, but recently its price performance has not been that great. At the moment, SHIB is selling for $0.00001590 after a downtrend of 28% from a prior resistance of $0.00002165. In the case of this token, the ability to overwrite the essential resistance levels has been elusive, hence such treatment might lead to this crypto seeking support lower, possibly even down to $0.00001284. While SHIB still has a massive community and speculative interest, its lack of strong utility and the increasingly competitive meme-coin landscape makes it difficult for SHIB to promise the explosive gains it once did. Investors hoping for a 5,000% surge may need to look elsewhere as SHIB faces downward pressure and uncertainty. Rexas Finance (RXS): The Next 5,000% Gainer? Unlike NEIRO and SHIB, Rexas Finance is a token with robust utility and a clear growth trajectory. Currently priced at $0.060 in its presale Stage 4, RXS has already demonstrated remarkable progress, rising by 215% since its Stage 1 presale price of $0.030. Those early investors are sitting on a potential 6x return as Rexas Finance adjusts towards the expected listing price of $0.20. Analysts have taken note of the particular project as its performance in the presale stage was growing by 20% from Stage 3 and forecasted that Rexas Finance has enormous growth potential. Taking into account a price of over 250% appreciation from the current presale price to the forecast listing price, RXS is one token that is likely to give back profits in the nearest possible time. Beyond its listing, the real excitement lies in its long-term potential—analysts predict that Rexas Finance could break out and deliver gains of 5,000%, pushing its price to $10. Rexas Finance’s standout feature is how it intends to capitalize on the tokenization of real-world assets. The platform seeks to utilize the benefits of blockchain by transferring the value of real-world physical assets including real estate, fine arts, and commodities into the blockchain effectively providing liquidity and investment chances that traditional economies cannot. With the market for tokenized assets accruing trillions of dollars, Rexas Finance is looking at a very vast viable, and underexploited space. Why Rexas Finance (RXS) Could Win the Race While NEIRO faces consolidation and potential decline, and SHIB struggles to maintain momentum, Rexas Finance is showing clear signs of long-term growth potential. The presale success and utility-driven approach make RXS a strong contender for delivering 5,000% gains sooner than its competitors. By focusing on the tokenization of real-world assets, Rexas Finance is positioning itself at the forefront of a financial revolution. For investors seeking high returns, Rexas Finance offers a blend of early-stage entry, strong presale performance, and the potential for exponential growth as it targets $10 in the coming years. With its innovative approach to RWAs and a clear roadmap for growth, Rexas Finance is the token to watch as it races to deliver 5,000% gains before NEIRO and SHIB. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

David Kagel admitted to running a $14 million crypto Ponzi scheme. U.S. District Judge Gloria Navarro sentenced Kagel to five years of probation. David Kagel, an 86-year-old former attorney, faces significant consequences for his role in a multi-million-dollar cryptocurrency Ponzi scheme. Recently, he admitted to charges of conspiracy to commit commodity fraud. This admission highlights the ongoing issues within the cryptocurrency market, particularly regarding fraudulent activities that target unsuspecting investors. Kagel’s scheme began in December 2017 and continued until June 2022. During this time, he and his associates misled investors about the potential returns of a crypto trading bot. The scheme attracted investments totaling approximately $15 million. Tragically, most of these funds were lost, leaving many victims in financial distress. Kagel promoted the scheme, falsely assuring investors of high returns with minimal risk. Financial Consequences and Call for Stronger Crypto Regulations As a result of his actions, Kagel has been ordered to pay nearly $14 million. This financial penalty includes restitution to the victims of his fraudulent activities. Furthermore, prosecutors initially sought a harsher sentence but ultimately U.S. District Judge Gloria Navarro in Las Vegas recommended a five-year probation due to Kagel’s age and declining health. His probation will occur in hospice care, with strict monitoring conditions in place if he leaves the facility. While Kagel’s co-conspirators are still awaiting trial, his case underscores the critical need for increased vigilance in the cryptocurrency space. This incident serves as a cautionary tale for investors. This Ponzi scheme also raises questions about regulatory oversight in the cryptocurrency sector. As more individuals engage in crypto trading, the potential for fraudulent schemes increases. Authorities must implement stronger regulations to protect investors from such scams. Kagel’s guilty plea and the subsequent financial penalty reflect the serious consequences of participating in fraudulent activities within the cryptocurrency market. As more cases emerge, it becomes increasingly important for investors to remain vigilant. Highlighted Crypto News Today Canary Capital Files for Spot XRP ETF Approval with SEC

Gate.io has announced a $10 million strategic investment in The Open Network (TON) blockchain. This investment aims to enhance collaborations with the TON Foundation and accelerate the growth of Telegram-based projects. With this investment, Gate.io plans to deepen its involvement in the governance of the TON blockchain and contribute to its ongoing development. The company will also focus on launching new products, such as an official CeFi-driven Telegram mini-app and a Gate Wallet within Telegram, to further support and expand the TON ecosystem. Gate Group is also actively participating in the TON Society’s Hackers League hackathon, one of the largest hacker events of the year. Offering a total prize pool worth up to $2 million and featuring key bounty tracks from leading TON projects, this event promises to be a groundbreaking experience for participants. An offline bootcamp will be held across 19 cities worldwide, fostering global participation and innovation. TON-based projects present a compelling use case for mass adoption through the Telegram ecosystem, which has seen considerable growth as it expands its services to Web3 startups. Dr. Lin Han, Founder and CEO of Gate.io, noted, “The TON ecosystem holds strong potential due to its large Telegram user base and fast, low-cost blockchain technology. This makes it an ideal platform for attracting Web3 applications and developers, with promising prospects for large-scale user growth and network effects.” While Telegram and TON operate as separate entities, the messaging platform and blockchain protocol remain closely aligned, creating a unified environment for innovation. 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.