The price of Fetch.ai (FET) has slipped below its critical 100-day Simple Moving Average (SMA), raising concerns about the potential for further downside toward the next support level at $1. This breach marks a pivotal moment for the asset, opening the door for negative pressure to take hold. As FET navigates this crucial phase, market participants are closely monitoring its ability to recover above the SMA or risk deeper declines. FET’s recent slip below the 100-day SMA, a significant technical indicator, and its implications for future price movements will be analyzed in this article. It will also explore whether this breach signals a continuation of bearish momentum or a possible recovery, providing insights into key levels and scenarios to watch in the coming days. Analyzing Bearish Momentum: Is A Deeper Decline Likely For FET? FET has fallen below the 100-day SMA on the 4-hour chart, signaling downbeat strength as the price approaches the $1 support zone. This breakdown indicates reduced buyer interest, giving bears control of the market. Holding at $1 could trigger a reversal, while a breach below may lead to more declines toward lower support levels. Also, the 4-hour Relative Strength Index (RSI) has fallen below the critical 50% level, currently at 44%, indicating a shift toward bearish sentiment and growing selling pressure as FET struggles to regain upward momentum. With the RSI under 50%, sellers are taking control, and if the RSI fails to recover above this threshold, the pessimistic trend may continue. Traders should watch for any signs of a reversal or if the price remains under pressure, potentially leading to further drops. On the daily chart, FET is showing strong negative strength, highlighted by a bearish candlestick pattern that has pushed the price below the 100-day SMA. This pattern implies that sellers are firmly in control of the market, relentlessly driving the price lower and prompting a strong likelihood of additional drops in the near term. Finally, the 1-day RSI analysis suggests that FET may face extended losses, as it remains below the 50% threshold, reflecting a continued bearish trend. With selling pressure likely dominating, the chances of further declines are high. A recovery above the 50% level could signal a potential reversal, but FET continues to struggle to regain an upward momentum for now. Navigating Risks And Opportunities In FET’s Price Action Navigating the risks and opportunities in FET’s price action requires a careful assessment of key technical indicators and market sentiment. As FET trades below its 100-day SMA and the 4-hour RSI drops below the 50% threshold, bearish momentum is gaining traction, which could signal more downside toward the $1 support range. However, opportunities for a reversal may arise if the asset manages to hold above key support levels or if buying pressure resurges, driving the RSI back above 50% and reclaiming the 100-day SMA. Meanwhile, this could pave the way for a potential move toward the $1.8 resistance level.

Crypto Rover, a prominent crypto analyst, has identified critical indicators in the market dynamics of Bitcoin, such as a decline in exchange reserves and a favorable chart pattern that suggests a price target of $200,000. His analysis is consistent with Bernstein’s long-term projection, which serves to bolster the notion that Bitcoin may experience substantial growth in the years ahead. These predictions have investors and analysts alike anxiously anticipating Bitcoin’s next significant move, as the market is currently in flux. Decreasing Exchange Reserves May Indicate A Supply Shock The consistent decline in Bitcoin reserves on exchanges is one of the most noteworthy trends identified by Crypto Rover. Despite the increasing price of Bitcoin, an increasing number of investors are transitioning their holdings to private wallets. This transition underscores an increasing preference for security over liquidity, particularly in light of persistent concerns regarding cyberattacks and breaches. As the quantity of Bitcoin on exchanges declines, there could be an upcoming disturbance. Less coins for trading suggest that demand would soon exceed supply, which would cause prices to rise significantly. This tendency questions the conventional market dynamics, which usually show reserves rising in bull markets. Bernstein’s $200K Target And Rover’s Bull Flag A bull flag pattern is forming on the price charts of Bitcoin, as revealed by Rover’s technical analysis. This pattern frequently indicates the continuance of an upward trend. Rover predicts that Bitcoin may shortly surpass the $200,000 threshold if it surpasses critical resistance levels, as indicated by this pattern. Bernstein analysts further align with this positive sentiment as they reaffirm their Bitcoin price target to reach $200,000 in 2025. Bernstein’s price objective of $100,000 is increasingly plausible, and the long-term forecast of achieving $200,000 by 2025 is gathering momentum, given that Bitcoin is already trading at approximately $92,000. They attribute this potential increase to a variety of factors, such as the favorable political and regulatory conditions for Bitcoin, which are notably prevalent under a pro-crypto U.S. administration. Market Outlook And Investor Strategy Strong technical indicators combined with declining exchange reserves point to Bitcoin about to undergo a major comeback, which would be advantageous for investors. Little changes in demand could cause significant price swings as liquidity drops. This creates risks as well as possibilities, hence a careful plan and timing are especially important. Bernstein also points out as a major influence the larger political terrain. Under the direction of incoming President Donald Trump especially, they hope that an atmosphere better suited for Bitcoin’s growth would help to drive its expansion even further. Featured image from Pexels, chart from TradingView

The sale of these notes represented an increase from an earlier offering of $1.75 billion. The deal is targeted to complete on November 21 assuming all the closing requirements are met. A positive outlook for Bitcoin’s ability to reach $100,000 is indicated by MicroStrategy’s announcement that it has upped its forthcoming note offering to $2.6 billion. The biggest Bitcoin holder among corporations, MicroStrategy, is planning to acquire further BTC to the tune of $2.6 billion via zero-interest senior convertible notes. According to a statement released by the business on November 20th, the sale of these notes represented an increase from an earlier announcement of an offering of $1.75 billion in aggregate principal amount of notes. “Qualified institutional buyers” are the intended recipients of the $2.6 billion offering. And the deal is targeted to complete on November 21 assuming all the usual closing requirements are met. Eyeing Further Bitcoin Gains The selling of MicroStrategy’s notes has the potential to propel the price of Bitcoin beyond $100,000. A milestone never before achieved. Bitcoin has risen more than 37% in the last month, and achieved new all-time highs recently. Approximately $2.58 billion, or up to $2.97 billion if the initial buyers acquire the maximum number of additional notes, is what MicroStrategy predicts the transaction will bring in. The company has said that it would utilize the money for business reasons and to buy more Bitcoin. Bitget Research’s principal analyst Ryan Lee is among many who believe Bitcoin will hit $100,000 by the month’s end. The positive infusion of capital into Bitcoin exchange-traded funds (ETFs) is also adding fuel to the fire. According to statistics compiled by Farside Investors, US spot Bitcoin ETFs saw a net inflow of more than $816 million on November 19th. During the trading week of November 11–15, US Bitcoin ETFs received more than $1.67 billion. Marking their sixth week in a row of net positive inflows. Highlighted Crypto News Today: China Expels Yao Qian Over Crypto Regulation Corruption and Abuse of Power

Frankfurt, Germany, November 20th, 2024, Chainwire KYVE is entering its expansion era, introducing an enhanced web app packed with new features and collaborations to support users and unlock multi-network potential. From experienced developers to crypto newcomers, the platform aims to make it easier for users to jump in, contribute, and benefit as part of KYVE’s mission to make blockchain data accessible to all. The latest updates are meant to make it easier for users of all levels to engage with KYVE’s ecosystem, fostering cross-network collaboration and data support across diverse blockchain platforms. What’s New? Staking and Participation in KYVE’s Network: The KYVE web app now features an in-app guide designed to facilitate staking of $KYVE. Participants may receive rewards in $KYVE as well as in other tokens integrated into the KYVE protocol. This feature supports a diverse range of opportunities for stakers and validators, contributing to broader participation in the KYVE ecosystem. What is backing this? KYVE’s multi-coin funding feature and Public Goods Funding Program already partnered with SOURCE Protocol, Andromeda, a dYdX grant, Lava Network, and others to come. Testing with Mainnet Faucets: KYVE’s newly introduced faucets allow users to test the platform’s features in a low-commitment environment. Whether they’re exploring staking or running a validator, these faucets are designed to make it easier for new users to experiment and get comfortable before fully committing. One-Stop Access with Kado and Skip: Integrated directly into the KYVE web app, Kado and Skip simplify the process of swapping or purchasing $KYVE, removing entry barriers and making it easier for users to start participating in KYVE’s network. What This Means for Users With these new features, KYVE is unlocking a wide range of opportunities for users to support the future of blockchain data scalability while earning rewards across multiple networks. The updated web app is designed to accommodate both experienced blockchain developers and newcomers, KYVE’s new web app enhancements are designed to support contributions to the platform’s mission of preserving historical chain data while providing value to participants. As KYVE expands its solutions to more ecosystems, the focus remains on providing streamlined access, empowering users to play an active role in supporting blockchain scalability and data preservation. KYVE is dedicated to ensuring that all blockchains receive the data support they need to thrive and that all types of users can take part in this mission. About KYVE KYVE Network is a decentralized data management solution that provides specialized tools for data archiving, validating, and accessing blockchain data. KYVE’s protocol ensures that only accurate historical data from a blockchain is made immutable and easily accessible for all. As a result, KYVE allows other chains to decentralize their historical data and overall data accessibility management and provides essential tooling to access this data, enabling enhanced scalability of chains and ecosystem development. KYVE is one of the most supported blockchains in the space, backed by Arweave, Ava Labs, Solana Foundation, Interchain Foundation, Moonbeam, TheGraph, Parity Technologies, Composable Finance, Zilliqa, Mina Foundation, Aurora, and NEAR Foundation. As well as VCs such as Hypersphere Ventures, Coinbase Ventures, Distributed Global, Mechanism Capital, CMS Holdings, IOSG Ventures, and others.‍ Contact Head of Marketing Margaux Stancil KYVE [email protected]

Yao Qian abused his power to support cryptocurrency companies in exchange for bribes, impacting China’s crypto regulation. His fall from grace could further tighten China’s crackdown on private cryptocurrencies while pushing forward the digital yuan. Yao Qian, once a key figure in China’s digital currency efforts, was removed from the Communist Party and his government role after being accused of corruption involving bribes and cryptocurrency deals. Yao Qian, a former top official in China, faced expulsion from the Communist Party and removal from his government job due to serious corruption charges. He led the Digital Currency Institute at the People’s Bank of China. He contributed to the development of China’s digital currency. Later, he took a position at the China Securities Regulatory Commission (CSRC), where he contributed to creating rules regarding digital currencies and blockchain. His career ended after authorities discovered he had abused his power for personal gain, particularly within the cryptocurrency sector. Abusing Power for Personal Gain Chinese authorities accuse Yao of using his position to assist specific companies in the digital currency sector in exchange for bribes and illegal benefits. Allegations suggest he altered regulations to favour certain businesses and accepted kickbacks. He also received expensive gifts, such as luxury liquor, and misused public funds for personal expenses. While authorities claim Yao made significant illegal profits, the exact amount remains unclear. His actions undermined trust in China’s financial System and weakened the integrity of the regulatory work he oversaw. Yao’s Role in China’s Crypto Regulation Yao’s case carries weight because he significantly influenced China’s approach to digital currencies. As the leader of China’s Digital Currency Research Institute, he played a vital role in creating the digital yuan. He gained recognition for his insights on global cryptocurrency trends, but his corruption charges now overshadow his previous contributions. many viewed Yao as a financial technology expert before his involvement in cryptocurrency. He publicly criticized Bitcoin and the rise of global cryptocurrencies. Unfortunately, the corruption charges have tarnished his reputation. Impact on China’s Approach to Crypto Regulations Yao’s case might influence China’s stance on cryptocurrencies. While the nation has banned crypto trading, it continues to advance its digital currency, the digital yuan. Yao’s corruption could lead China to adopt stricter measures against private cryptocurrencies and reinforce its support for the digital yuan. Following the investigation, authorities plan to confiscate Yao’s illegal earnings. They will forward his case to prosecutors for additional legal action. This effort aligns with China’s ongoing campaign to fight corruption, especially in the finance and technology sectors. Yao’s case highlights the risks associated with the abuse of power, particularly involving emerging technologies like cryptocurrency. Highlighted Crypto News Today Vitalik Buterin Highlights Vision for Ethereum Security and Scalability

In a time in which blockchain innovation interacts with social problems, DWF Labs has announced that they would be providing a grant of $500,000 to $BARSIK, a project that is focused on the welfare of cats. This announcement has aroused a lot of curiosity. On November 19, the prominent Web3 corporation made the announcement that they will be providing a grant to the meme project. DWF Labs in the post said: The combination of blockchain technology, meme culture, and animal welfare may seem to be an perfect combination. Nevertheless, it also provides an interesting case study on the development of cryptocurrency initiatives and the possible influence that these projects might have on global finance overall. The granting of a grant of $500,000 to $BARSIK reflects trust in the project’s capacity to innovate within the cryptocurrency ecosystem and make a meaningful contribution to the welfare of society. A grant of this amount represents a major investment in any blockchain endeavor. According to DWF Labs, this funding demonstrates their commitment to fostering innovation that has an effect on people’s lives outside the sphere of digital world. The fact that this is the case indicates a more general effort to demonstrate that blockchain technology may have uses that go beyond financial speculation. $BARSIK, which is being presented as a blockchain initiative that combines meme culture with animal welfare, is in line with the larger trend of meme coins gaining popularity for their community-driven storylines. The goal of $BARSIK is to combine its online presence with tangible outcomes, therefore focusing efforts and resources towards promoting the wellbeing of cats. This is in contrast to projects that exist only on assumption. The objective of the project is reflective of a currently developing trend in which blockchain technology and decentralized finance (DeFi) are being repurposed to solve difficulties that are encountered in the real world. To put it another way, $BARSIK seeks to transcend its identification as just another meme coin by using its platform for the benefit of society. As a result, the fact that $BARSIK is aligned with meme culture may be beneficial to the endeavor of attracting a dedicated user base and generating buzz within the blockchain ecosystem. For $BARSIK, the challenge will be to maintain long-term interest by demonstrating that it is capable of delivering on its promise of providing assistance for cat welfare in an efficient and open manner. The amount of $500,000 that was awarded to $BARSIK is a bold step toward combining blockchain innovation with effect in the real world. In the course of the ongoing development of blockchain technology, projects such as $BARSIK will function as experiments to determine what the technology is capable of doing when it is coupled with significant missions.

The move was accepted by the company’s board of directors, reflecting a rising trend. Bitcoin was included in Hoth’s treasury strategy in part because of increased market activity. In an effort to take advantage of Bitcoin’s potential as a store of wealth and protection against inflation, Hoth Therapeutics, a biopharmaceutical business in the trial stage, has allocated up to $1 million in the cryptocurrency. In light of the increasing interest in Bitcoin after Donald Trump’s reelection as president. The move was accepted by the company’s board of directors, reflecting a rising trend among American firms. This movement is in line with what US Senator Cynthia Lummis has said recently. She has asked the US Treasury to think about turning some of its gold holdings into Bitcoin. Adding Bitcoin to strategic reserves might solidify its position in contemporary finance as more institutions acknowledge its inflation-resistant properties. Rising Institutional Demand Hoth Therapeutics emphasized in a news release that the growing “investor attention and acceptance” is a critical factor in Bitcoin’s capacity to expand and function as a reserve asset. Bitcoin (BTC) was included in Hoth’s treasury strategy in part because of increased market activity. And the legalization of Bitcoin exchange-traded funds (ETFs), according to CEO Robb Knie. According to an interview Lummis gave to Bloomberg on November 14th, she is in favor of the US Treasury Department creating a crypto strategic reserve by exchanging over 8,000 metric tons of gold for bitcoin. The senator from Wyoming had already requested that the Treasury sell some of its holdings. And replace them with the flagship cryptocurrency, but had not specified which assets to sell. Instead of buying Bitcoin at market pricing, she said, the US government’s balance sheet would remain “neutral” throughout the conversion. Highlighted Crypto News Today: First Digital’s FDUSD Stablecoin is Officially Live on Sui

LandX and Truflation, the leading source of real-time economic data, are excited to announce a collaboration that will provide digital investors access to trustworthy, real-time agricultural commodity pricing. This collaboration will provide DeFi and TradFi customers with insightful information and clear access to tokenized agricultural commodities, including as important assets like wheat, soy, rice, and corn, by integrating agricultural data into Truflation’s growing portfolio of indexes. Through this partnership, LandX will use its expertise of commodity prices to provide Truflation with accurate information on staple crops, enhancing the potential of Truflation’s marketplace. By providing reliable, up-to-date agricultural data, this integration improves the DeFi ecosystem by enabling users to track agricultural trends and make more informed decisions. Stefan Rust, CEO of Truflation stated: LandX is just as excited about the possible effects of this collaboration. LandX team stated: By allowing consumers to diversify their investments with reliable, index-based data on agricultural commodities, this relationship represents a significant step forward for both businesses and the DeFi community. Now, users are urged to use Truflation’s data streams and indexes to get exceptional precision in accessing a developing tokenized asset market. Discover how tokenized agriculture is influencing DeFi’s future by exploring Truflation’s marketplace right now.

Mahe, Seychelles, November 20th, 2024, Chainwire BitMEX Marks 10 Years of Crypto Derivatives Trading with a Strong Security Track Record BitMEX, one of the longest-standing crypto derivatives exchange, is marking a major milestone: 10 years of business operations with an unmatched record of zero customer fund losses from intrusions or hacks, while maintaining its focus on professional crypto derivatives trading. Founded in 2014, BitMEX stands as one of the longest-standing crypto exchanges to consistently work to set industry standards in security, transparency, neutrality, accessibility, and user empowerment. The company has established itself as a platform for professional traders, built on a legacy of robust security and product optimisation grounded in with a focus on enabling trustless crypto derivatives markets. One of the platform’s biggest achievements remains its unblemished security record to date – with zero customer funds lost, a feat unmatched by any major exchange of our tenure. Furthermore, the platform’s perpetual swap, now the most traded derivative structure in crypto, introduced significant changes to the trading landscape, while BitMEX’s 100% KYC’ed user base and biweekly Proof of Reserves and Liabilities publication set new benchmarks for transparency and legitimacy. BitMEX’s focus on professional-grade crypto derivatives trading has shaped its unique approach. Its unwavering commitment to user fund security and neutrality have allowed it to navigate industry challenges while maintaining its reputation as a reliable, industry-first platform. BitMEX’s 10-year Formula for Success BitMEX’s journey to a decade has not been without challenges – from navigating legal pressures to adapting to the dynamic nature of the crypto market. Yet, as Co-Founder Samuel Reed mentioned in an article in 2018, “The first rule of running a crypto exchange is, and always has been, ‘Don’t lose the Bitcoin’”. This steadfast principle has guided BitMEX through market evolution, with security, transparency, and neutrality as its foundational values. Through a strategic commitment to these values, the company has grown and thrived, standing firm amid industry turbulence and maintaining its position in the global crypto exchange landscape. 10 Milestones for 10 Years: Highlights of BitMEX’s Legacy 2014 – Introduced several industry-first innovations, including offering the first properly margined centrally cleared crypto derivatives, the first crypto public testnet exchange, the first crypto single page app, and the first cold storage-only exchange. 2015 – First 50x leverage daily XBT futures: Introducing leverage for traders. 2016 – Creation of the perpetual swap, a core crypto derivative product. 2016 – Largest crypto insurance fund: ~$2.3 billion and growing. 2017 – BitMEX Research established: A hub for trusted industry insights. 2019 – Record BTC trading volume: $16 billion in 24 hours. 2020 – 100% KYC’ed user base achieved: First crypto exchange to do so. 2021 – Proof of Reserves and Liabilities published: Advancing transparency in crypto. 2023 – 95% latency reduction with enhanced trading engine. 2024 – Launch of BitMEX Options: Expanding the derivatives suite. What’s Next for BitMEX? As BitMEX moves to the next decade, its roadmap will focus on deepening user engagement and elevating trading opportunities. BitMEX plans to introduce Multi-Asset Margining for enhanced capital efficiency and focus on boosting liquidity to support seamless, high-volume trading in volatile markets. Building on the success of its Trading Bots, BitMEX will also introduce copy trading, enabling users to replicate successful trading strategies. To kick off these ambitions, BitMEX will launch its largest trading competition to date on November 25, featuring a $1 million prize pool designed to engage new and existing users as they embark on the next chapter of their journey. Users can join the next decade of crypto innovation now. About BitMEX BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that caters to their needs with low latency, deep crypto native and especially BTC liquidity and unmatched reliability. Since their founding, no cryptocurrency has been lost through intrusion or hacking, allowing BitMEX users to trade in the knowledge that their funds are secure. So too that they have access to the products and tools to support their trading success. BitMEX was also one of the first exchanges to publish their on-chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – demonstrating its commitment to securely storing and segregating entrusted funds. For more information on BitMEX, users can visit the BitMEX Blog or www.bitmex.com, and follow Discord, Telegram and Twitter. For further inquiries, users may contact [email protected]. Contact BitMEX Press BitMEX [email protected]

Ramat Gan, Israel, November 20th, 2024, Chainwire UpVsDown.com Prediction Platform Leads the Way as PlayBlock Takes Center Stage in the Blockchain World Playnance proudly announces the official listing of its groundbreaking blockchain, PlayBlock, on DappRadar, the premier tracking platform for decentralized applications (dApps). Just weeks after its launch, PlayBlock has achieved the remarkable milestone of being ranked #8 globally in daily transactions and daily turnover, solidifying its position as one of the most dynamic blockchains in the world. From Polygon Powerhouse to Global Contender PlayBlock’s success reflects a seamless transition from operating on the Polygon blockchain—where it contributed an extraordinary 15% of Polygon’s daily transactions—to establishing itself as an independent Layer-3 blockchain. Now, PlayBlock is driving unparalleled growth: Top-Tier Performance: With its listing on DappRadar, PlayBlock is recognized as a global leader, surpassing hundreds of established blockchains in both activity and volume. Empowering Innovation: At the forefront of PlayBlock’s ecosystem is its flagship dApp, UpVsDown.com, a cutting-edge prediction market platform revolutionizing user engagement in the Web3 space. UPvsDOWN.com: Leading PlayBlock’s Growth UpVsDown.com is Playnance’s premier prediction market platform, allowing users to place real-time predictions on various assets, including cryptocurrencies, commodities, and forex. This engaging and skill-driven dApp is a key driver of PlayBlock’s rise, offering: Zero-Gas Trading: Cost-free transactions make predicting markets accessible to everyone. Instant Rewards: Smart contracts ensure seamless payouts directly to user wallets. Global Accessibility: With a simple, intuitive interface, UpVsDown.com attracts players worldwide, bridging Web2 and Web3 audiences. PlayBlock: Shaping the Future of Blockchain PlayBlock is purpose-built to meet the evolving needs of the Web3 community, featuring: Gas-Free Transactions: Eliminating barriers to entry for gamers, traders, and developers. High-Speed Scalability: Supporting 40,000 transactions per second, PlayBlock powers real-time applications at scale. – Seamless Integration: EVM compatibility ensures developers can easily transition their dApps to PlayBlock, enhancing its growing ecosystem. What’s Next for Playnance? PlayBlock’s DappRadar listing signals a new era of transparency and growth for the ecosystem. With UpVsDown.com leading the charge, Playnance aims to expand its influence through innovative partnerships, cutting-edge dApps, and a user-centric approach that bridges Web2 and Web3. About Playnance Based in Ramat Gan, Israel, with offices in Dubai, UAE Playnance is a comprehensive Web3 ecosystem designed to empower users with blockchain solutions for trading, gaming, and decentralized finance. Powered by its Layer-3 blockchain, PlayBlock, and anchored by its leading dApp, UpVsDown.com, Playnance is driving the mass adoption of Web3 technologies worldwide. For more information on PlayBlock and the Playnance ecosystem, users can visit playnance’s official website, explore UpVsDown.com & track playnance’s progress on DappRadar. Contact CEO Pini Peter Playnance [email protected]

Saylor made the bold prediction that Bitcoin’s price may reach $13 million in the next 20 years. Bitcoin has not only surpassed its previous highs, but it has also held strongly in this bullish cycle. Author Robert Kiyosaki of the best-selling “Rich Dad Poor Dad” book has given his stamp of approval to MicroStrategy cofounder Michael Saylor’s $13 million Bitcoin forecast. In his opinion, Saylor is correct. According to Kiyosaki’s latest social media post, Saylor is quite smart. The price of Bitcoin hit $94,040 on November 19th, according to statistics compiled by CMC. Saylor made the bold prediction that Bitcoin’s price may reach $13 million in the next 20 years during his interview with CNBC in September. If Bitcoin’s price goes above $100,000, Kiyosaki has warned Bitcoin bulls they would be “slaughtered.” He recently said that he will cease purchasing Bitcoin at that point. This seems to be contradicted by his most recent social media post. Kiyosaki mentioned: “If Saylor is on target….which I think he is…. that means for $9,000 today….you buy .01 Bitcoin today…you are a millionaire tomorrow.” Banking on Bitcoin Surge Instead of encouraging his followers to go to graduate school, the financial analyst mocked the concept and suggested they invest in Bitcoin. Avoiding a $50,000 student loan debt is preferable, no doubt about it, in order to get a weak MBA. Instead, get Bitcoin today, he wrote. Despite Kiyosaki’s claim that 0.01 Bitcoin would cost $9,000, some social media critics pointed out that his calculation was incorrect, since 0.01 multiplied by $90,000 is $900. Bitcoin has not only surpassed its previous highs, but it has also held strongly, further solidifying its place in the current bullish cycle. The market is filled with optimism as Bitcoin once again demonstrates its resilience and capacity for growth, reaching this milestone. Highlighted Crypto News Today: Bhutan Holds $1.1 Billion in Bitcoin Equivalent to 34% of GDP

DWF Labs, a leading name in crypto venture financing, market-making, and liquidity provision, has unveiled a ground-breaking Listing Bot on Telegram as part of its dedication to innovation and trader empowerment. This crucial tool is intended to provide investors and traders real-time information on token listings on the top cryptocurrency exchanges worldwide. This bot seeks to transform how market players remain informed and make quick choices, given the fiercely competitive nature of the cryptocurrency market where seconds may make a big difference. The Listing Bot from DWF Labs is notable for its thorough coverage of the most significant exchanges in the sector. The following platforms get real-time updates from the bot for both spot and futures listings: Binance HTX (formerly Huobi) Gate.io Bybit OKX KuCoin MEXC Coinbase Exchange UpBit Bithumb Because of this extensive integration, consumers are guaranteed to get market movement data from exchanges that together manage a significant portion of the world’s trading activity. The bot removes the need for traders to keep an eye on each exchange separately by consolidating data from many of them. Essential Elements of the Listing Bot from DWF Labs From novices to seasoned pros, the Listing Bot on Telegram is packed with functionality to meet the various demands of cryptocurrency traders. Among its features are: Instant Alerts for SPOT and Futures Listings When new tokens are listed in the spot and futures markets, users are immediately notified. Given how quickly market conditions may change, this feature is extremely important for traders. Launchpad Announcements Users are also informed about launchpad events via the bot. For investors hoping to get early access to exciting blockchain initiatives and take part in initial token offerings, these announcements are priceless. Support for Multiple Currency Pairs With international traders in mind, the bot provides updates on a range of trading pairs, such as: USD (US Dollar) SGD (Singapore Dollar) THB (Thai Baht) KRW (South Korean Won) IDR (Indonesian Rupiah) It is a flexible tool for traders working in various marketplaces and geographical areas because of its multi-currency capability. Instant Alerts In the cryptocurrency market, timing is everything, and the Listing Bot makes sure users never pass up a chance by sending them real-time alerts as soon as a listing goes up. Customizable Preferences To make sure they only get information relevant to their trading strategy, users may customize their alerts to concentrate on certain exchanges, market types, or currency pairings. Boosting Crypto Ecosystem Innovation More than simply a new tool, the Listing Bot’s release addresses fragmented updates and information overload, two of the crypto market’s most urgent problems. Having fast and accurate information available to traders may make the difference between seizing a winning transaction and passing up an opportunity. The bot serves both long-term investors and speculative traders by including futures listings and launchpad notifications. Its usefulness is further increased by the integration of many currency pairings, which turns it into a one-stop solution for a worldwide clientele. The DWF Labs Listing Bot is easy to use and straightforward. On Telegram, users may locate the bot and sign up for its services. They may tailor their alerts to their trading preferences after enrolling. The bot guarantees a customized experience for every user, whether it is by concentrating on certain market kinds or filtering updates by particular exchanges. In addition to its investments and market-making endeavors, DWF Labs has long been acknowledged as a pioneer in the blockchain and cryptocurrency space for its emphasis on developing tools that provide traders with real value. The launch of Telegram’s Listing Bot demonstrates the company’s commitment to promoting efficiency and openness in the cryptocurrency market. For traders looking to keep a competitive edge in the ever-changing cryptocurrency market, the Listing Bot is expected to be a vital tool. The bot minimizes the time and effort needed for market monitoring by combining data from many exchanges and providing real-time updates.

The Solana price could be gearing up to reach a new ATH of $4,000, according to an analyst who highlighted its recent breakout from a massive Cup and Handle pattern. This bullish signal comes on the heels of recent gains in the Solana (SOL) price, which have pushed it significantly above the $200 mark, indicating strong upward movement. Solana Price Targets $4,000 Breakout A Crypto analyst identified as ‘CryptoRus’ has shared a longstanding prediction that suggests Solana could reach $4,000 by the end of the current market cycle. The analyst has based this bullish outlook on a technical pattern called the “Cup and Handle.” According to CryptoRus, Solana has just broken out of its Cup and Handle pattern formation on its price chart. This unique chart pattern is considered a bullish signal and, in technical analysis, signals an extending upward trend. The analyst’s chart illustrates Solana’s price action on the weekly time frame, using the aforementioned technical pattern as the basis of analysis. From 2022 to mid-2024, Solana experienced a period of consolidation and recovery, as seen in the cup part of the technical pattern. The “handle” in the chart pattern also shows slight consolidation; however, the analyst has pinpointed a breakout signal at the end. This breakout is set to occur once Solana can surpass resistance levels between $195 and $255. After the anticipated breakout, the analyst suggests a solid upward trend, with projections implying a greater upside above $4,450 to a staggering $5,000. A surge to this impressive target would require Solana to experience a 2,027% rally from its current price. Earlier this week, when Solana was on the verge of breaking out of its Cup and Handle technical pattern, the analyst revealed in a previous X post that the Cup depth of the pattern suggests a bullish price target of $400 for Solana in this market cycle. A surge to $400 would represent a 70.21% increase from present market values. Update On Price Movements Recently, the Solana price has been on a significant upward trend, recording impressive gains amidst the bull market. This bullish price movement comes as Bitcoin sees massive gains that have pushed it to a new ATH above $93,000. As one of the world’s leading altcoins, many analysts have projected bullish targets for the Solana price, expecting it to hit new all-time highs as the bull market heats up. As of writing, the Solana price is trading at $237, recording a 14.88% increase in the last seven days and an even larger price gain of 41.7% over the past month, according to CoinMarketCap. While the cryptocurrency’s daily trading volume of $6.8 billion is down by 12.32%, Solana still shows promise of a surge if market conditions remain favorable.

The Dogecoin price is currently exhibiting a highly bearish chart pattern on the 4-hour time frame, signaling potential caution for investors. After forming a bullish falling wedge pattern between November 12 and 19, the anticipated breakout was short-lived and failed to meet bullish expectations. On November 19, Dogecoin broke out of the formation, sparking initial optimism among traders. However, crypto analyst Kevin (@Kev_Capital_TA) had predicted the breakout would be weak, and subsequent price movements validated his forecast. Where Is Dogecoin Price Heading Next? The memecoin faced a sharp rejection at a significant resistance level, specifically the macro 0.786 Fibonacci retracement level. Kevin emphasized that until this level is “broken cleanly and violently, there’s nothing to get overly crazy about.” He also pointed out that Bitcoin (BTC) is at major resistance, suggesting that Dogecoin’s next significant move will likely coincide with Bitcoin clearing the $100,000 mark. “Until then, everything’s just gonna mosey around,” he noted. Urging traders to temper their enthusiasm, Kevin stated, “Please control your excitement as there is nothing in the short term to be excited about. BTC is still at major resistance and so is Dogecoin. Nothing has broken yet.” He highlighted the importance of Bitcoin’s movements, adding, “It’s more important to provide technical analysis on BTC than on Dogecoin at the moment. DOGE is just trading sideways, waiting for Bitcoin to make a decision on higher or lower. Where Bitcoin goes, Doge will go in the short term.” Analyzing the 4-hour chart, Kevin identified a “nasty triple top” at the macro 0.786 Fibonacci level for Dogecoin—a bearish signal that could indicate upcoming downward pressure. He warned that if a correction to $0.30 occurs, as he had previously suggested, “a lot of blind perma bulls are gonna need to do some explaining.” A triple top is a bearish reversal pattern in technical analysis that signifies a potential shift from an uptrend to a downtrend. It occurs when the price reaches the same resistance level three times, each time retreating after failing to break through. Dogecoin’s repeated inability to surpass the 0.786 Fib at $0.41 suggests weakening bullish momentum in the short term. Kevin emphasized that Dogecoin hasn’t truly broken out yet: “Until it breaks the macro 0.786 Fib cleanly at $0.41, it’s just trading sideways.” Looking ahead, he outlined a bullish scenario contingent on overcoming this key resistance level. “If Dogecoin breaks that macro 0.786 Fib with force, then $0.80 to $0.85 is on the table. Lots of work to do though. Need BTC to push higher,” he explained. For several days, Kevin has been forecasting a deeper correction for Dogecoin. The triple top formation and rejection at the 0.786 Fibonacci level support his primary hypothesis. He outlined his initial price target: “A level we will want to hold for Dogecoin is the $0.30 to $0.26 range, which is the golden pocket retrace levels. That’s a 30-40% correction from the local top, which in a bull market is a perfect size correction.” Focusing on the longer-term perspective, Kevin highlighted the significance of the upcoming monthly candle close. “The next big goal for Dogecoin is to close a monthly candle in 11 days above $0.335. That would make the highest monthly candle close of all time for DOGE, and I will be keeping my eye closely on this,” he stated. At press time, DOGE traded at $0.39.

Recently, XRP has experienced a significant increase in value, reaching a three-year peak of $1.27. The token is currently trading at $1.09 on a sustained weekly increase of 80%, and many investors are contemplating whether this marks the beginning of a new bull run. Nevertheless, a seasoned analyst is uncertain. She cautions that XRP has demonstrated bullish potential; however, it is probable that a correction will occur before the altcoin can make its next significant move. XRP Hits 3-Year High – What’s Next? The recent increase in the price of XRP to $1.26 has piqued the interest of traders, indicating a resurgence in market optimism. For the first time in years, the altcoin surpassed the $1 threshold, a feat that many believed was unattainable. CasiTrades advises caution in spite of this encouraging trend. She anticipates that the altcoin will experience a temporary decline before it can resume its upward trajectory. XRP is currently trading at $1.09, a decrease of approximately 3.5% from its weekend peak. This suggests that there may be a short-term cooldown. This decline may indicate that the market is anticipating a more advantageous entry point before attempting to increase the price. Anticipating The ‘Appropriate Entry Point’ CasiTrades has identified several critical price levels for potential buy-ins. She suggests that the 0.382 Fibonacci retracement level at $0.98 be monitored. The 0.5 level at $0.88 could also be a good opportunity to enter the altcoin before the price heads back up if the price declines further. These retracement levels indicate that XRP is currently in a typical consolidation phase following a significant rally, providing investors with an opportunity to enter the market prior to the next significant surge. Although the correction is anticipated to be temporary, it offers a significant opportunity for those who have been hesitant to invest to do so at a more favorable price. XRP: Long-Term Bullish Outlook CasiTrades remains optimistic regarding the long-term potential of XRP, despite the anticipated decline. She is of the opinion that the altcoin could experience substantial gains once the market stabilizes and establishes new support levels. A firm bullish outlook is indicated by the price targets for XRP, which range from $8 to $13, provided that the market conditions are in alignment. The analyst said there’s no change in her long-term outlook. “$8-$13 target is not too far from here,” she added. Legal Support Meanwhile, XRP has recently received a legal boost. The Securities and Exchange Commission was accused of overreaching in the crypto space by 18 US states in lawsuits filed last Thursday. Despite the fact that the lawsuits have not explicitly referenced XRP, the case has the potential to facilitate the establishment of a more supportive regulatory environment for crypto assets, which would likely be advantageous to Ripple and XRP. A pullback may be imminent in the near future. However, the future of XRP appears promising for those who approach it correctly, given the firm support and heightened bullish sentiment. Featured image from DALL-E, chart from TradingView

Bhutan’s Bitcoin reserve is valued at $1.1 billion, 34% of its GDP. Bitcoin’s price surge to $93,683.19 significantly boosted Bhutan’s holdings. The Royal Government of Bhutan has strategically accumulated Bitcoin worth over $1.1 billion, representing 34% of the nation’s GDP. This significant holding stems from Bhutan’s innovative use of its vast hydropower resources to mine. Bhutan has emerged as one of the largest state-level holders of cryptocurrency. Bhutan now ranks third in govt BTC holdings, after the US and UK. Druk Holdings and Investments (DHI), a government-owned entity, actively leads the initiative while effectively using stranded hydropower to mine Bitcoin. Moreover, the country utilizes its hydropower capacity, clearly demonstrating how renewable energy supports Bitcoin mining and diversifies national reserves. Bitcoin Surge Elevates Bhutan’s Holdings Recent Bitcoin price surges have substantially boosted the valuation of holdings. Bitcoin’s current price, a record high, underscores the nation’s decision to adopt cryptocurrency as a long-term asset. Moreover, the country’s accumulation strategy combines mining withholding, benefiting from both operational efficiency and price appreciation. Bitcoin’s current price stands at $93,683.19, reflecting a 1.27% daily increase, with a market cap of $1.85 trillion. The 24-hour trading volume surged to $76.58 billion, marking a 7.73% rise. Bitcoin’s fully diluted valuation (FDV) now reaches $1.97 trillion, with a volume-to-market cap ratio of 4.14%. Bhutan’s $1.1 billion Bitcoin reserve has drawn comparisons to policies discussed in larger economies. For instance, following political shifts in the U.S., there are increasing debates about creating a national Bitcoin reserve. Highlighted Crypto News Today DOGE Shows Bullish Signs After Bitcoin’s Record Surge

MicroStrategy has stepped into the top 100 U.S. publicly traded companies with a $96 billion market cap. The firm currently holds a total of 331,200 Bitcoin. MicroStrategy has made an entrance to the top 100 publicly traded companies list in the U.S. by market cap, securing the 97th spot. The firm’s market cap has reached $96.73 billion. This follows a surge in the company’s stock price, which climbed 12% yesterday, breaking the $400 mark. Notably, the stock closed at $430, pushing the company up 29 spots in the rankings. The firm has been one of the most observed companies in 2024, with its year-to-date increase of 500%, outpaced Nvidia (NVDA). Over the past five years, MicroStrategy’s stock price has increased by 2,739%, while Nvidia’s has surged by 2,688%. Bitcoin Holding MicroStrategy holds a total of 331,200 Bitcoin, worth approximately $30 billion, as of November 18. This extensive holding underscores the firm’s focused Bitcoin accumulation strategy, which earned the title of the largest publicly traded Bitcoin holder. Moreover, the growth of the company’s market cap has aligned with its Bitcoin holdings. However, with a fully diluted share count of 256.3 million shares, MicroStrategy’s market capitalization is valued at $110 billion, ranking it as one of the largest non-S&P 500 companies. MicroStrategy’s aggressive accumulation of Bitcoin and its financial advantage have drawn the attention of institutional and retail investors. On the other side, the firm has recently announced its plans to sell $1.75 billion worth of new convertible bonds. BTC Price Momentum The achievement of MicroStrategy has coincided with Bitcoin hitting its new all-time high at $94K. It might fuel investor optimism and emphasize the firm’s strategy to hold Bitcoin as its primary reserve asset. Bitcoin (BTC) currently trades at $93,655 with its trading volume reaching $1.85 trillion. The asset’s daily trading volume has soared to $76.75 billion after a spike of over 8.50%. The crypto market expects BTC to hit $100K shortly as the price momentum is bullish. Highlighted Crypto News Will Cardano (ADA) Reclaim $1 as Whale Interest Grows?

Archax partners with State Street, Fidelity, and LGIM to offer tokenized money market funds. Archax will issue tokens representing beneficial ownership of their fund investments. Archax, a UK-regulated cryptocurrency exchange and custodian, is venturing into the tokenization of real-world assets (RWAs). Today, the platform announced plans to offer tokenized money market funds from three global financial giants—State Street, Fidelity International, and Legal & General Investment Management (LGIM). This marks a significant step in Archax’s mission to bring traditional finance closer to the blockchain world. Initially, the platform will tokenize specific funds from these institutions, giving clients tokenized access to their holdings. Further, these “beneficial ownership tokens” will be available on leading blockchains such as Hedera Hashgraph, XRPL, and Arbitrum. There is potential for more blockchains to join in the future. This move follows Legal & General, which dived into the tokenization space last month, signaling growing interest in digital finance solutions. In addition, Archax’s collaboration with Bitget, which has re-entered the UK market through Archax’s partnership, adds another layer of credibility, with being an FCA-approved entity. As tokenization of RWAs continues to gain traction, Archax may be in a favorable position to contribute to the future of digital asset investment. Highlighted Crypto News Today DOGE Shows Bullish Signs After Bitcoin’s Record Surge

Dogecoin has shown significant bullish momentum, rising from $0.3778 to an intraday high of $0.4183. The Ichimoku Cloud indicator suggests that DOGE could maintain an upward trend and rise above $0.45. Dogecoin (DOGE) shows signs of a potential breakout as the Ichimoku Cloud suggests continued bullish momentum. While tech mogul Elon Musk’s tweets on DOGE have historically created price pumps, the current rally seems different. The memecoin clearly follows Bitcoin’s trend; as of Nov 20, BTC hit a new all-time high at $94,002. Following this, DOGE climbed from a low of $0.3778 to an intraday high of $0.4183. DOGE Intraday Price (Source: CMC) At the time of writing, DOGE trading at $0.3933 has seen a 3.2% increase in the last 24 hours, with its daily trading volume climbing to $11.47 billion—an impressive 22.20% jump. This surge in volume reflects growing interest among traders as Dogecoin breaks free from its previous bearish trend. The recent rally began on November 6, on the day of the US election, when DOGE broke above the prolonged bearish trend above $0.21922. Since then, the memecoin has soared by over 90%, continuing its upward trajectory. Adding to the fuel, Musk’s recent tweet sparked another level of excitement as he posted a photo of himself with the caption “The Dogefather.” 24-H Technicals Shows Bullish Outlook for Dogecoin The Ichimoku Cloud, a widely used indicator for identifying trends and momentum, offers promising signs for Dogecoin. The conversion line at $0.38279 and the base line at $0.28465 indicate extended upward momentum. Further, the upper boundary at $0.39124 signals a potential breakout if the price stays above $0.38, while the lower boundary at $0.26983 provides a solid support zone. Dogecoin (DOGE) Price Chart (Source: TradingView) Beyond the Ichimoku Cloud, other indicators also support a bullish outlook. According to the DOGE/USDT 4-hour chart, the RSI, currently at 55, shows room for upward movement, staying comfortably below overbought levels. Additionally, the MACD has also turned positive, with the MACD line crossing above the signal line, highlighting increasing momentum in the short term. As all the indicators create a favorable setup for further gains, key resistance levels to watch out for include $0.41, $0.42, and $0.45. If Dogecoin falls below the conversion line at $0.38279, the bullish outlook could be invalidated, with the support at $0.28465. That would mark a short-term bearish turn for Dogecoin. However, if the momentum continues, Dogecoin could be on its way to even higher highs soon. Highlighted Crypto News Today Will Solana Break Key Resistance or Fall to Support Levels?

Solana faces resistance at $246 and support at $231. Potential bearish crossover between 50-day and 200-day MAs. Solana (SOL) is trading at $235.69, marking a 3.11% decline in the past 24 hours. The cryptocurrency has a market capitalization of $111.87 billion, with a market cap ratio of 6.20%. Over the last day, trading volume has dropped 11.03% to $6.88 billion. Despite this dip, Solana remains the fourth-largest cryptocurrency by market cap, solidifying its role as a key player in the crypto ecosystem. A recent surge in speculative activity caught the community’s attention. One trader turned 2 SOL ($462) into $988,000 within three hours through $QUANT, a live-streamed pump-and-dump token. This highlights the speculative frenzy in altcoins. A young creator launched the $Quant coin during a live stream and sold it for 128 $SOL ($30K), earning a profit of $29.6K. The 51 million $Quant he sold is now valued at $4 million. He later created $lucy and $sorry coins, selling them for an additional profit of 103 $SOL ($24K). Solana in the Current Market Based on current price action, Solana’s immediate resistance lies at $246. If the price breaks above this level, the next potential target is $260, a level that aligns with historical price action and Fibonacci retracements. However, failure to surpass $246 could keep the price consolidated in a narrow range. On the downside, support is firmly established at $231. If SOL breaches this critical level, the price could decline further, with the next significant support zone around $220. Such a drop might test traders’ confidence in maintaining bullish positions. The RSI currently stands at 50.80, slightly below its average of 64.14. This reflects a weakening of bullish momentum, as the RSI moving toward the neutral zone suggests a balance between buying and selling pressure. A sustained RSI below 50 would indicate a shift in market sentiment toward bearishness, potentially signalling further downside movement. Solana’s 50-day moving average (MA) is at $241, while its 200-day MA is at $225. The narrowing gap between these two levels signals a potential bearish crossover. If the 50-day MA crosses below the 200-day MA, this would confirm a “death cross,” a historically bearish signal that often precedes extended downtrends. However, the price remains above the 200-day MA, indicating that the long-term trend is still positive. Traders should closely watch for this crossover, as it could significantly influence Solana’s near-term trajectory. If Solana manages to break above $246 and hold that level, the price could aim for $260, with a potential extension toward $275 if bullish momentum accelerates. Highlighted Crypto News Today Will Cardano (ADA) Reclaim $1 as Whale Interest Grows?