Investors are keen to identify digital assets that could deliver substantial returns in the coming years. Amidst market fluctuations, several cryptocurrencies have emerged with the potential to reshape the industry. One of these could mirror the extraordinary rise of previous standout tokens, capturing the attention of the crypto world. One promising candidate is XYZVerse (XYZ), a pioneering memecoin uniting sports enthusiasts, aiming for a massive surge that could outshine previous high-performing tokens. The All-Sports Meme Token You Can’t Afford to Bench! XYZ is your exclusive VIP pass to a sports-driven, meme-fueled revolution. Think of it as the MVP of the XYZVerse ecosystem, where degens can score big off the growing demand for prediction markets Picture this: Polymarket hitting $1 billion in trading volume during the US presidential election – now throw in the hype of meme coins and the thrill of sports betting. With millions of sports fans ready to hit the field and cash in the XYZVerse ecosystem is set to keep expanding – and your rewards will slam dunk through the roof! XYZ presale is your first-quarter chance to get in before the mind-blowing explosion! In 2024, meme coins are the undisputed champions of the crypto world, and XYZ is set to crush the competition. With potential thousand-fold returns that will blow past the finish line, the presale plan draws a hefty 99,900% growth by the TGE. Forget about BOME’s 5,000% rise or WIF’s 1,000% rally – XYZ is here to outscore them all! With upcoming listings on major CEX and DEX platforms, rock-solid defense in the form of audited smart contracts, and a fully vetted team, XYZ is already ahead of the game. The first-mover advantage is key here – get in before the crowd storms the field, and you’ll be sitting on way bigger returns! Don’t be left on the bench – grab your XYZ tokens now and be part of the next massive crypto championship! Degen (DEGEN) DEGEN started as a playful token for fans of Farcaster, a decentralized social network. It’s an unofficial coin that operates on the Base blockchain. What began as a simple reward in the Farcaster Degen channel has grown into something much bigger. DEGEN has attracted developers, cryptocurrency creators, and a loyal group of supporters. Its popularity has soared, especially since other meme coins have joined the Base blockchain too. What’s exciting about DEGEN is how it’s being shared. They plan to distribute 70% of all DEGEN tokens through future giveaways called airdrops. This keeps the community engaged and spreads the word. DEGEN’s growth shows how a meme coin can rally a community and gain value. In the current market, where community-driven coins are making waves, DEGEN stands out. Its connection to Farcaster and the Base blockchain gives it solid footing. For those looking at new opportunities in crypto, DEGEN might be an attractive option. Moo Deng (MOODENG) MOODENG is a fresh Binance meme coin quickly gaining attention in the crypto community. With its price surging toward a new all-time high, the opportunity to accumulate MOODENG is fleeting, making it a prime target for investors seeking rapid gains. Like MOG, this token is capitalizing on the current meme coin frenzy, but its unique charm sets it apart. Inspired by a beloved Thai baby hippo, Moo Deng embodies the playful spirit of internet culture. Its quirky origin story resonates with both crypto natives and mainstream audiences, blending humor and relatability to attract a diverse community. MOODENG is more than a token; it’s a cultural phenomenon poised to make waves in the meme coin landscape. Pepe (PEPE) Meet PEPE, the deflationary memecoin taking the crypto world by storm. Launched on Ethereum, PEPE pays homage to Matt Furie’s iconic Pepe the Frog meme that captivated the internet in the early 2000s. Embracing the playful spirit of meme culture, PEPE joins the ranks of Dogecoin and Shiba Inu, aiming to become a top meme-based cryptocurrency. With a no-tax policy and a candid admission of its lack of utility, PEPE keeps things straightforward, appealing to those who appreciate a pure and simple memecoin experience. In late April to May 2023, PEPE’s market cap skyrocketed to an astonishing $1.6 billion, transforming early holders into millionaires and drawing a vibrant community of enthusiasts. This explosive growth ignited what many dub the “memecoin season,” with new meme-inspired tokens experiencing dramatic rises and falls overnight. As the crypto community looks forward to the upcoming Bitcoin halving and speculates about a potential bull run, PEPE’s ambitious roadmap—featuring major exchange listings and a planned “meme takeover”—has placed it in the spotlight. While the future is uncertain, PEPE’s journey captures the unpredictable and exhilarating nature of the cryptocurrency market, making it a fascinating phenomenon to watch in the current cycle. First Neiro On Ethereum (NEIRO) There’s a new Shiba Inu capturing hearts around the world, and her name is Neiro. Adopted by the same woman who owned Kabosu—the famous dog behind the Doge meme—Neiro is the latest furry sensation. To honor this adorable pup, a community has come together to launch the Neiro token on the Ethereum blockchain. This isn’t just another coin; it’s a project owned and managed with love by its supporters. The Neiro token embodies the spirit of joy and togetherness that Kabosu inspired, bringing people together in a shared adventure. In today’s crypto market, meme coins continue to draw interest, and the Neiro token shines among them. Being the first of its kind on Ethereum, it blends the charm of Neiro with the power of blockchain technology. Unlike projects with centralized control, Neiro is 100% community-owned, which can lead to strong engagement and organic growth. As people look for fresh and exciting opportunities beyond well-known coins like Dogecoin and Shiba Inu, Neiro offers something new. With the crypto world always on the lookout for the next big thing, Neiro might just be the rising star everyone is waiting to discover. Conclusion DEGEN, MOODENG, PEPE, and NEIRO are promising, but XYZVerse (XYZ) uniquely fuses memes and sports, aiming for 20,000% growth to become the “G.O.A.T of memecoins”. You can find more information about XYZVersus (XYZ) here: Site, Telegram, X Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

XRP achieved its long-term goal of $1, jumping past 27%. The market witnessed a $26.15 million liquidation of XRP. The crypto market rallies, with major assets breaking out, and anticipation is building for the looming altcoin season as the assets hit new highs. Bitcoin (BTC) is trading at $91.2K, and Ethereum (ETH) faces setbacks around the $3.1K level. In the bullish market, Ripple (XRP) exhibits a notable upward momentum as it hits $1, breaking through the key resistance of $0.99. The altcoin has surged over 27.25%. In the early trading hours, XRP climbed from a low of $0.811 to an intraday high of $0.9247. Notably, the asset trades at $1.04 with its trading volume resting at $13.77 billion. Consequently, a $26.15 million liquidation of XRP was observed in the market, as per data. In addition, XRP has surged over 87.55% over the past week. The altcoin began to trade at $0.5536, and eventually, the steady upside correction pushed the asset to hit its long-term goal today. On the other side, the speculation that U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler could resign and the legal victory of Ripple Labs fueled the XRP price up. Ripple Labs and CEO Brad Garlinghouse secured a judgment and a stay in the class action lawsuit following the U.S. court ruling. Will XRP Bulls Drive the Next Surge? The daily frame of XRP exposes the short-term 9-day moving average above the long-term 21-day moving average. In addition, the asset is placed in the overbought zone in the market, as the daily relative strength index (RSI) is positioned at 84.36. XRP’s four-hour technical chart reveals the Moving Average Convergence Divergence (MACD) line over the signal line, suggesting the upside momentum and an incoming bull run. XRP chart (Source: TradingView) Besides, the Chaikin Money Flow (CMF) indicator, settled at 0.21, infers the increased money flow and buying pressure, which is a suitable circumstance for buyers. Meanwhile, the trading volume has increased by 19.20%. A steady breakout of the asset retests the major resistance, which led the way for XRP to target the long-term goal of $1. If the ongoing upside momentum persists, the asset might likely break the nearby resistance and ascend to $1.16. On the other side, if the asset’s bullish pressure diminishes, XRP’s price may undergo a correction. The token might be plummeting below $0.98. Further depreciation could drive the asset’s price back to its lows. Highlighted Crypto News Ethereum (ETH) Faces Critical Test at $3K Support Level

Investors are actively looking for chances to boost their crypto holdings in line with the optimism brought about by the just concluded US presidential contest. Three particularly noteworthy initiatives with potential 10x returns are Shiba Inu (SHIB), Rexas Finance (RXS), and Dogecoin (DOGE). Here is why you can grow your investment quickly with these coins. Rexas Finance (RXS): The Hidden Gem Poised for Massive Growth With its creative approach to real-world asset (RWA) tokenization, Rexas Finance (RXS) has become a major candidate for an exponential rally, with projections ranging from 10x to 20x. This platform gives people access to markets worth more than $486 trillion by dividing up control of valuable things like real estate, art, and commodities into smaller, affordable fractions. Recent milestones confirm Rexas Finance’s stance even more. The initiative has completed a thorough examination by Certik, strengthening its security and dependability—a major confidence factor for investors. This auditing emphasizes Rexas Finance’s dedication to openness and safety, drawing in investors prioritizing security. Rexas Finance’s presale success, which has raised over $6.25 million from approximately 121 million tokens sold, is evidence of its broad market acceptance. Currently, at Stage 5, RXS trades at $0.07, with the next stage appreciating by $0.01 to $0.08. Investors are keying into this project early for an optimum return on investment ahead of its $0.20 exchange listing price. To further increase its reputation, Rexas Finance has also obtained listings on CoinGecko and CoinMarketCap. These platforms let investors track instantaneous price fluctuations, hence boosting project confidence. Further creating excitement and strengthening the community presence and investor involvement is Rexas Finance’s ongoing $1 million giveaway, which awards 20 winners with $50,000 worth of RXS tokens each. With an eye on listing on at least three of the tier-1 exchanges globally, experts are projecting a rapid rise for RXS post-listing. This makes Rexas Finance a perfect investment option for a 10x gain. Dogecoin: Eyes the $1.8 Mark DOGE is riding a bull run right now. Thanks to growing acceptance and fresh investor interest, it gained over 23% in the past week. Based on Bitcoin’s performance, crypto expert Kevin Capital underlined DOGE’s macro “golden pocket” target of $1.80 reachable. A weekly golden cross, a technical indicator showing a possible parabolic movement, has formed and points to DOGE, possibly rallying into 2025. If history repeats itself, this meme coin could once more cause a significant surge, hence a good investment for someone looking for 10x gains. Shiba Inu: The 300% Rally on the Horizon According to on-chain data, SHIB’s significant transactions jumped by about 4%, indicating more whale activity. A transaction of almost 2.57 trillion SHIB tokens within 24 hours shows investor confidence. This is consistent with a recent estimate by crypto expert Javon Marks, who projected that SHIB may climb by 300% from $0.000022, aiming at a price objective of $0.000081. The SHIB token burn mechanism helps to raise investors further. In the last seven days, 110.64 million tokens were burned, lowering the market supply and creating conditions for a possible price increase based on the law of supply and demand. With the potential to finally break its 2021 all-time high, Shiba Inu is ready to grow your investment 10x in the upcoming bull run. Conclusion Watch for 10x gains in Dogecoin, Rexas Finance, and Shiba Inu as the bull cycle draws closer. Rexas Finance is notable for its creative strategy and strong presale success. To optimize your returns, you should consider joining the RXS movement right now. 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 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.

NikolAI, one of the standout performers in TON Memelandia’s Cabal Arena, has achieved a groundbreaking milestone, reaching a $100 million market capitalization in just 11 days. This incredible feat solidifies its position as a top-tier memecoin and a trailblazer in TON’s rapidly expanding ecosystem. The token, launched on TONPump, has been gaining significant traction since its debut. Earlier today, NikolAI marked another historic moment, hitting an all-time high of $0.1788. This surge highlights the growing enthusiasm for memecoins within TON Memelandia, a hub dedicated to fostering competition and innovation in the meme coin market. As one of the first projects to leverage TON’s decentralized tools and memepads, NikolAI has set a high bar for future contenders. Its impressive growth reflects the competitive energy within Cabal Arena, where teams (“Cabals”) deploy and trade memecoins to achieve the best profit-and-loss (PnL) and trading volume. This success also underscores the value of TON Memelandia’s unique ecosystem, which combines community-driven initiatives with strategic features like Launchpad Lair and trading bots. With rewards of up to $750,000 for the top-performing Cabals, the platform continues to attract high-caliber projects like NikolAI, driving innovation and engagement across TON. As NikolAI celebrates this milestone, it remains a prime example of how TON Memelandia is pushing the boundaries of memecoin potential. The record-breaking market cap and all-time high not only spotlight NikolAI’s success but also set the stage for even greater achievements in TON’s vibrant and competitive landscape. Investors and enthusiasts now eagerly await the next wave of innovation from NikolAI and the broader TON ecosystem as they redefine the meme coin market.

FLOKI surges post-Coinbase roadmap, hitting five-month price highs. Analysts predict 500% gains, citing validation and strong fundamentals. FLOKI, an Ethereum-based meme coin, has captured market attention with a remarkable surge, reaching a five-month high of $0.000283. This rally follows Coinbase’s recent inclusion of FLOKI on its listing roadmap, marking a significant milestone for the dog-themed cryptocurrency. The token has gained 12% in the past 24 hours and 74% over the past week, trading at $0.0002524 at the time of writing. The announcement spurred FLOKI’s price to rise 21% in under an hour, supported by a trading volume increase of 46%. Analysts are optimistic about its potential, with some predicting a 500% price surge to $0.0015732. Prominent crypto analysts view Coinbase’s move as validation of FLOKI’s fundamentals and utility, reinforcing market confidence. Moreover, Coinbase’s listing roadmap has historically hinted at future listings, adding credibility to tokens. In addition to FLOKI, the exchange recently added Ethereum’s PEPE and Solana’s Dogwifhat (WIF) to its roadmap, signaling a growing acceptance of meme coins. FLOKI’s rise comes amidst broader market corrections, showcasing its resilience and investor enthusiasm. Adding to the momentum, Coinbase announced a 3 billion FLOKI token distribution for eligible on-chain users, further incentivizing engagement. FLOKI Bulls To Hit New Heights? Technical indicators support the bullish outlook. It’s Relative Strength Index (RSI) has surged to 71.42, suggesting overbought conditions but leaving room for continued growth. Historically, the RSI has exceeded 80 before corrections, implying the rally could persist. FLOKI Price Chart, Source: Sanbase The Cloud analysis reflects strong upward momentum, with it’s price well above critical support levels. Analysts forecast potential gains of 57%, with resistance at $0.000349, though a retracement could test support at $0.00016. FLOKI’s rise underscores the impact of major exchange inclusions on meme coin performance, solidifying its position among the top 50 cryptocurrencies by market capitalization. As the market eyes regulatory shifts and evolving sentiment, it’s bullish trajectory could redefine its standing in the crypto space. Highlighted News Of The Day The CFTC approval of listing the spot Bitcoin ETF options

AI tokens such as NEAR, RENDER and FET have shown significant growth in 2024. Vitalik Buterin has endorsed the integration of AI and blockchain technology. As 2024 draws to an end, the cryptocurrency market has begun to take a look back at this significant year. The leading cryptocurrency, Bitcoin surpassed its previous ATH twice this year. Several new digital assets debuted in the market, specifically, the US and Hong Kong spot Bitcoin and Ethereum ETFs. Among other digital asset sectors such as memecoins, PolitiFi tokens, and NFTs, AI tokens also showed notable performances this year. AI cryptocurrency has always been a connecting bridge and an exemplar of how cryptocurrency can include utility outside of the sector. It also holds testimony for how the sector can foster innovation and technical growth with Artificial Intelligence. AI tokens have seen enhanced interest among investors within the sector and have also shown notable growth over the past year. This article identifies the top AI tokens that recorded significant performances in 2024. What are AI Tokens? – An Overview AI tokens are cryptocurrency tokens that are integrated into AI technology projects. This enables the projects to leverage blockchain technology and tokenization to enhance different aspects of their projects. Furthermore, they also function as a bridge to integrate AI into the world of crypto thus fostering innovation on both ends. For instance, using AI, users can customize and personalize trading strategies and executions within the blockchain systems. These tokens integrate AI characteristics such as machine learning, and personalization of data analytics into the blockchain system. Moreover, AI tokens also hold a use case by serving as rewards. Several ecosystems deploy these cryptocurrencies for users who introduce innovative AI solutions in the form of algorithms, models, and others. Apart from these AI cryptocurrency plays a crucial role in leveraging smart contracts, which is an automated blockchain activity. What brought the AI tokens to Crypto Spotlight? Since the beginning of 2024, investors have been drawn to the AI cryptocurrency sector. While it mainly focused on upward price movements, the sector’s turn towards innovation also played a role. Early on, in February of this year, AI tokens exhibited an upward price rally. Additionally, the development and enhanced integration of the DeFi sector into our digital asset sector also contributed to AI tokens’ development. Over the past three quarters, there have been several price cycles that drew attention to this category of digital assets. The top 6 AI tokens that showed significant growth this year have been discussed below. Top AI Tokens with Significant Growth in 2024 AI Tokens Growth Yearly Chart (Source: DuneAnalytics) Near Protocol (NEAR) This leading altcoin is the largest AI token within the crypto sector. Over the past year, the NEAR token has exhibited a 215.33% surge in price. At the year’s beginning, it was trading at a low of $1.73 and has climbed nearly five times since then. In this recent crypto bull market, the token has surged 25.78% (7-day price increase). At the time of writing, NEAR was trading at $6.355 as per CMC data. NEAR/USDT Daily Price Chart (Source: TradingView) The Near Protocol ecosystem has also undergone crucial updates over the last year. As reported by its official website, the ecosystem in August launched stateless validation in its mainnet. Artificial Superintelligence Alliance (FET) FET has drawn market attention, particularly over the past few months with its crucial price movements. Although in this current bullish trend, the AI token has contradicted with a bear run, its YTD still remains at a positive 97.89%. On inferring its yearly chart, the cryptocurrency shows a 231.42% price increase. At the time of writing, FET was trading at $1.304. FET/USDT Daily Price Chart (Source: TradingView) On the other hand, the ASI Alliance community has remained quite active over the past year. Recently, on November 13, they released a vision paper announcing integration with Singularity Net, Fetch.ai, Ocean Protocol, and another DeFi project. Bittensor (TAO) Bittensor, another leading player in the AI tokens sector has factored in significant growth over the past year. The cryptocurrency has rallied by 281.88% in yearly increase moving upward from $224.25 to current prices at the $500 level. At the time of writing, the AI token was trading at $530.6 as per CMC data. TAO/USDT Daily Price Chart (Source: TradingView) Similar to the aforementioned tokens, the TAO community has also been spurring with actions. In October, for the first time, Bittensor introduced Ethereum Virtual Machines (EVMs) in its blockchain network. Previously, in July the ecosystem encountered a security breach which led to a significant price drop in the AI token. Render (RENDER) The native token of the Render Network, this AI token has factored in notable growth in its price over the past year. Inferring to RENDER’s yearly chart, it shows a 214.18% price increase. This is further highlighted by the YTD standing at a positive 56.56%. The cryptocurrency has exhibited minimal growth in the past two months and has not regained its trading levels from the March bull run. At the time of writing, RENDER was trading at $7.165 as per CMC data. RENDER/USDT Daily Price Chart (Source: TradingView) At the year’s beginning, RENDER was trading at the $3 levels before rallying to current ranges. Meanwhile, the network has also been working on advancements, one of which includes its dashboard going live in February this year. Injective (INJ) Another top player in the AI-crypto sector is Injective. This community brings to its users a variety of products including NFTs and memes in the form of ninjas. However, the INJ token has not shown much significant price growth in the past few days. When zooming out to the yearly chart, this conclusion differs as INJ shows a 57.52% price increase. At the time of writing, INJ was trading at $25.15. INJ/USDT Daily Price Chart (Source: TradingView) Moreover, recently, on November 13, the Injective community made major announcements regarding new features launch. The blockchain’s X post stated that memecoins could be launched on its ecosystem and outlined the details of this project. Additionally, crypto exchange Upbit recently listed the INJ token on its platform. Arkham (ARKM) The native token of the deanonymizing platform Arkham Intelligence, ARKM holds prominence within this sector as well. The platform utilizes AI resources for data aggregation and decoding blockchain activities. ARKM has surged by 343.21% in the last year. At the time of writing, ARKM was trading at $2.106 as per CMC data. ARKM/USDT Daily Price Chart (Source: TradingView) Within this bull run, the AI token has incurred a further price increase of 11%. It is currently trading at $2 levels. Moreover, the ARKM market cap has reached a new high of nearing $30 billion as per DeFiLlama data. Additionally, its FDV also surged in March of 2024 but has since then dropped. What Does the Future Look Like for AI Tokens? AI technology has received worldwide attention with every nation working to advance its own expertise in the field. AI’s integration with blockchain technology has advanced innovation thus giving AI tokens an increased scope for further growth. Several leading crypto community members have endorsed the integration of AI with blockchain technology. Ethereum co-founder, Vitalik Buterin has often endorsed the bridging of both sectors that could pave the way for enhanced innovation and foster technical growth. Disclaimer: The above article curated is for informational and educational purposes only, and is not to be construed as investment advice. TheNewsCrypto advises readers to conduct their own research before investing or making any decisions.

The cryptocurrency market starting to look much stronger and among the major tokens Cardano (ADA) can turn into a leader. Over the last several weeks, Cardano has seen several tailwinds that are proving to be positive drivers in the coin’s near-term trajectory. Furthermore, new platforms such as an exchange that incorporates DTX with Traditional finance and the decentralized finance (DeFi) aspect are some of the trends redefining the sector and attracting investment. Further down, we delve into what has caused verbesserte Cardano Performance recently along with detailing why some analysts are predicting ADA could reach $3 before the end of the year. Whale Activity and Strong Technical Indicators ADA’s bullish outlook is the large holders of ADA. The latest statistics in this regard demonstrate that whales transfer ADA to their wallets from exchanges, a move that may reduce market supply and assist in the stabilization and further uplift of the overall price of the token. And as large holders continue to buy, this may put more demand on ADA thus allowing it to overcome key resistance levels. Today, ADA is leveled at $0.38, and most analysts are expecting that a breakout past this level will open up a run toward $0.75. From a technical point of view, ADA is in the process of creating a “golden cross” where the 50 EMA and the 200 EMA are set up to cross. This is usually the pattern that is used when there are chances that the prices might go high. Analysts have pointed out that if the price of ADA closes above $0.6585 it may rally and touch $0.81, a YTD high, which is about 35% up. However, in case if the rate falls below the $0.5500 level, this signal of the bullish trend will be null and void. Outlook: Can ADA Reach $3? Cardano has displayed positive technical signs to extend its recent recovery, as seen with other high-profile whales participating in trading, and a broader Cardano ecosystem, all hinting at a possible rally by the end of the year. If ADA can maintain a trading volume and continually break through resistance levels, $3 is within an attainable grasp in the next favorable market conditions. While, some forces outside the company, such as the macro environment and its impact on ADA and the regulatory environment, will influence its further evolution.At the same time, new initiatives such as DTX Exchange are expanding the circle of DeFi concepts and using ideas that generate interest. The current crypto market instability gives both Cardano and DTX the best environment as investors can enjoy both the value of an existing coin with a good growth prognosis. DTX Exchange: A New Competitor in the DeFi Sector While Cardano is still trying to reach its previous all-time high, the DeFi sector has introduced new entrants such as the DTX Exchange which has been in the limelight for the last several months. DTX combined central and decentralizing conventional financial markets for digital currencies that make up a multi-asset trading platform. This is coupled with an intelligent order execution system on the platform enabling trade to take less than 0.4 milliseconds which is likely to entice traders who want quick results. The demand for DTX Exchange was immense as the fourth ICO round is only 17% empty out of 100%. At the moment, one token costs $0.08, while investors are convinced of the further increase in the price of securities. Based on industry research, DTX is expected to reap a significant price rise, particularly once DTX starts trading on the Tier 1 exchange platform, in which it is expected to gain up to 45 times increase. This new platform may potentially disrupt incumbents in the DeFi space such as those that aim for decentralized exchange trading and decentralized finance integration into centralized finance. Before its full launch, DTX has emerged as a platform that will benefit from cross-chain and structured finance, which is already a developing topic between classic money markets and Web3. The services it provides include trading bots and a maximal available leverage of 1,000, and therefore it can indeed suit every type of trader. This combination of TradFi and DeFi could position DTX as a competitor to trading platforms that have existed for more than a decade hence the need to keep an eye on this project which has the potential to fit in the current $10 billion trading market. Learn more: Buy Presale Visit DTX Website Join The DTX Community Whitepaper Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto 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.

While Bitcoin has faced strong bullish momentum in recent weeks, achieving new all-time highs consistently for days, Ethereum has been an underperformer, unable to catch up with BTC’s bullish pace. Even compared to other crypto assets (altcoins) in the market, Ethereum has failed to make a major rally that melts faces. Instead, as Bitcoin achieved a peak above $93,000, leading the overall crypto market in a bullish market, Ethereum has only been able to surge to just $3,396 over the same period BTC broke multiple resistances to achieve consistent new highs. So far, ETH remains roughly a 37.5% decrease away from its all-time high of $4,878, seen 3 years ago in November 2021. At the time of writing, the asset faces a correction alongside the rest of the crypto market, including Bitcoin. ETH has declined by 2.3% in the past day, currently trading at $3,023. Why is Ethereum Struggling to Catch Up? The underperformance of Ethereum relative to Bitcoin has caught the attention of market analysts. One key observation comes from a CryptoQuant analyst known as Darkfost, who provided a possible explanation for Ethereum’s price stagnation. According to Darkfost, the taker buy-sell ratio is a crucial metric to consider, particularly on the Binance exchange. This ratio is an indicator of short-term market sentiment, and when it remains below 1, it suggests there is more selling pressure than buying interest. It can also indicate a hesitation among traders to accumulate ETH at current levels, which could contribute to a lagging price performance. Darkfost noted: Is There Still Hope For ETH? Despite Ethereum’s struggle to match Bitcoin’s gains, some analysts remain optimistic about the long-term potential of ETH. For example, a well-known crypto analyst, Kingpin Crypto, expressed a bullish sentiment regarding ETH at its current price levels. In a recent post on X, Kingpin Crypto suggested that ETH trading around the $3,000 mark presents a notable buying opportunity. Similarly, another crypto analyst, Yoddha, shared an analysis indicating a potentially bullish pattern for Ethereum. According to the chart shared by Yoddha, ETH’s historical price movements often include a phase of retesting followed by a sharp surge in value. Yoddha highlighted that Ethereum may have already completed its retest phase, suggesting that a strong price rally could be on the horizon. The chart labelling “we are here” points out the current position of ETH within this pattern, implying that a significant upward move may soon follow. Featured image created with DALL-E, Chart from TradingView

On-chain data shows the Dogecoin whales have continued to buy recently despite the pullback that the memecoin’s price has suffered. Dogecoin Whales Have Just Added 140 Million DOGE To Their Wallets As pointed out by analyst Ali Martinez in a new post on X, the Dogecoin whales have continued their buying push during the last 24 hours. The indicator of interest here is the “Supply Distribution” from the on-chain analytics firm Santiment, which keeps track of the total amount of DOGE that a given wallet group is holding right now. Addresses are divided into these cohorts based on the number of coins that they are carrying in their balance. The 1 to 10 coins group, for instance, contains all investors who own between 1 and 10 DOGE. In the context of the current topic, the 10 million to 100 million coins group is of focus. At the current exchange rate, the lower end of this range converts to about $3.7 million, while the upper one to $37 million. These are clearly significant amounts, so the only investors who would qualify for this cohort would be the big-money ones. The group certainly doesn’t include all holders of this kind as the upper limit is ‘just’ $37 million, but it does the contain smaller of the whales, who are still an important part of the DOGE ecosystem. Now, here is the chart shared by the analyst that shows the trend in the Supply Distribution specifically for this Dogecoin group over the past few weeks: From the above graph, it’s visible that the Dogecoin supply held by these whales has been riding an uptrend recently, with a particularly sharp increase coming during the past few days, coinciding with DOGE’s massive rally. Considering this timing, it’s likely that these investors have been helping support the run. In the last 24 hours, the memecoin has seen a reversal in direction, with its price suffering a pullback of around 7% as the cryptocurrency market as a whole has registered a red day. Interestingly, despite the decline, the Supply Distribution for the 10 million to 100 million coins group has continued to head up. In total, these humongous investors have added a net 140 million DOGE to their holdings, worth almost $52 million at the moment. This accumulation naturally suggests that the whales don’t think that the rally is over just yet. It only remains to be seen, though, whether the positive sentiment from these large investors can induce a fresh surge in Dogecoin, or if their bet would fail this time around. DOGE Price Even though Dogecoin has seen a notable drawdown since its top, the meme coin’s investors would still make significant profits as the asset’s weekly returns sit at a positive 88%.

The CFTC’s approval shifts Bitcoin ETF options to OCC increased market liquidity. CFTC’s approval, Bitcoin’s price increased to $91,000. The United States Commodity Futures Trading Commission (CFTC) has taken a big step toward introducing spot Bitcoin exchange-traded fund (ETF) options. This decision removes a key regulatory barrier, with analysts predicting that these products could soon be available to investors. CFTC’s Announcement On November 15, the CFTC announced that its Division of Clearing and Risk (DCR) would no longer be involved in clearing Bitcoin ETF options. Instead, the Options Clearing Corporation (OCC), which oversees all equity options, will handle these products. This move shifts the responsibility to the OCC, putting Bitcoin ETF options one step closer to being listed. ETF analyst Eric Balchunas noted, “The ball is now in OCC’s court, and they’ll probably list very soon.” Another analyst, James Seyffart, expressed similar enthusiasm, saying, “Here. We. Go.” The Securities and Exchange Commission (SEC) already approved Bitcoin ETF options earlier this year for the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE). With both SEC and CFTC hurdles cleared, the OCC is the final authority before these options hit the market. Jeff Park, an expert from Bitwise Invest, stated, “Bitcoin ETF options are closer than you think,” while remaining cautious about an exact launch date. He expects the process to move quickly, though a 2024 launch isn’t guaranteed. CFTC Impacts the Crypto Market The introduction of Bitcoin ETF options could bring major changes to the crypto world. These options allow traders and institutions to manage risks and make advanced bets on Bitcoin’s price. Analysts believe this will increase market liquidity and attract more large investors. Nick Forster, founder of Derive, highlighted the potential impact, saying these options could cause significant price movements in Bitcoin due to its limited supply. Meanwhile, Bitcoin enthusiast Michael Saylor sees this development as a way to increase institutional adoption and strengthen Bitcoin’s reputation as a serious financial asset. Bitcoin’s Price Reaction The news of the CFTC’s decision increased Bitcoin’s price, which crossed $91,000. Although it briefly dipped to $87,100 after Federal Reserve Chair Jerome Powell’s comments on interest rates, Bitcoin quickly bounced back, reflecting strong market confidence. Bitcoin ETF options represent a big step toward integrating cryptocurrencies into traditional finance. They offer investors new tools for managing risks and could attract billions of dollars in new investments. The approval also adds credibility to Bitcoin, showing it’s becoming a more accepted part of the financial system as many institutional investors are adopting. As the CFTC’s approval of Bitcoin ETF options is a major milestone for the crypto industry. With the OCC expected to finalize the process soon, these options could be available in the near future, making it easier for institutions and investors to engage with Bitcoin.

Cardano (ADA) has seen a massive rally in the last few weeks, surging over 81% in the past fourteen days. As the cryptocurrency continues breaking past key levels, a renowned crypto analyst highlighted its potential 2,000% climb. Cardano To Hit $6 By Q3 2025 Crypto analyst Ali Martinez forecasted that Cardano might hit the $6 mark by September 2025. Earlier this year, the analyst noted that ADA’s chart reassembled a pattern similar to 2020, which suggests that the cryptocurrency could experience a rally like 2020-2021’s bull run. Per the post, ADA broke out from its two-year consolidation in early 2020 before retracing 75% and consolidating for most of the year. By November 2020, the token bounced from the accumulation range and started its massive 4,000% rally, which lasted around nine months. This year, Cardano has seen a similar move during the first leg of the cycle, reaching its year-high of $0.81 before retracing 75% and consolidating between the $0.6-$0.27 price range for the last eight months. Following the crypto market’s recent rally, fueled by Trump’s victory in the US elections and the Federal Reserve’s decision to reduce interest rates by 0.25, Cardano has experienced a massive 50% weekly surge. Martinez previously forecasted that ADA could experience the second leg’s initial jump on November 18, around two weeks after the US elections. However, the cryptocurrency reclaimed the $0.6 support zone and broke above the $0.65 horizontal level earlier today. This performance represents an eight-month high for Cardano, which has been heavily criticized for underperforming against most altcoins. According to the chart, ADA might move sideways around this range for the following days before challenging its year-high price. If ADA continues replicating the last cycle’s pattern, the cryptocurrency could reach the long-awaited $1 by year-end. Additionally, it could surpass its previous $3.09 all-time high (ATH) by Q1 2025 before entering price discovery mode. Martinez suggested that Cardano could rise over 2,000% toward the $6 mark, reaching its top between July and September 2025. ADA Among Today’s Market Leaders While most cryptocurrencies in the top 100 move sideways, ADA has soared 21 % in the last 24 hours. The token surged as the third-best performer today, behind XRP and ALGO. Besides the general economic and geopolitical factors, its recent performance has also been fueled by speculation surrounding Cardano’s potential involvement with Trump’s administration. On Thursday, a member of the World Economic Forum (WEF) and the United Nations (UN), Shawn, shared on X that re-elected President Trump is exploring a federal voting and identity verification system based on blockchain technology. Speculation arose when another X user claimed that Cardano’s founder Charles Hoskinson is “already in talks with the Trump administration,” arguing that “they’ve been working with the state of Wyoming on voting systems for a couple of years now.” Cardano has rallied an impressive 84% in the last month, breaking above the $0.65 mark for the first time since late March and recovering its top 10 crypto spot. As of this writing, ADA trades at $0.67.

Manhattan U.S. Attorney’s Office plans to reduce focus on crypto cases and prioritize immigration enforcement. Former SEC Chair Jay Clayton is set to become Manhattan U.S. Attorney, possibly changing crypto regulations. The U.S. is made an important move in its enforcement priorities as President-elect Donald Trump prepares to take office. Current and former government lawyers have indicated that the Justice Department will focus from cryptocurrency related crimes. That are immigration enforcement as Trump’s campaign promises. Manhattan Prosecutors to limit Crypto Cases. The U.S. Attorney’s Office in Manhattan, a place for high financial crime cases and crypto cases. Will allocate fewer resources to cryptocurrency enforcement. Scott Hartman, co-chief of the securities confirmed the decision during a conference hosted by the Practising Law Institute in New York. “We brought a lot of big cases in the wake of the crypto winter there were a lot of important fraud cases to bring there.” Hartman said, referencing the 2022 collapse in digital asset prices. “But we know our regulatory partners are very active in this space, and we don’t have a lot of people.” The Manhattan office previously secured high-profile convictions, including that of FTX founder Sam Bankman-Fried. However, the number of prosecutors handling crypto cases has decreased. Jay Clayton Nominated as Manhattan U.S. Attorney President-elect Trump has announced plans to nominate former SEC Chair Jay Clayton to replace Damian Williams as U.S. Attorney in Manhattan. Clayton, who led the SEC during Trump’s first term, was less aggressive in pursuing crypto cases compared to current SEC Chair Gary Gensler. While Clayton handled some crypto-related cases during his SEC tenure, the industry was smaller at the time. In contrast, Gensler has actively pursued major crypto firms like Coinbase and Binance for failing to register with the SEC. Trump has also signaled his intention to replace Gensler with a more crypto-friendly SEC Chair, raising questions about the future of ongoing cases against large digital asset companies. Many in the cryptocurrency industry have criticized Gensler for what they view as overly strict regulations and enforcement actions that stifled innovation. Steve Peikin, former SEC enforcement head under Clayton. Suggested that immigration enforcement could see a major role under Trump’s Justice Department. “There could be a reallocation of substantial resources to immigration enforcement,” Peikin noted. This reflects Trump’s broader strategy to address immigration issues more aggressively, which may come at the expense of resources allocated to financial crimes and cryptocurrency-related enforcement. CFTC’s Role in Crypto Regulation The Commodity Futures Trading Commission (CFTC), which oversees derivatives and other financial markets, has seen its crypto-related docket grow to nearly half of its Crypto cases in recent years. However, Ian McGinley, the agency’s enforcement director, acknowledged that the trend may not continue under the new administration. “To the extent there’s fraud and manipulation in those markets, we’ll continue to be active,” McGinley said, underscoring the agency’s commitment despite potential shifts in focus. As Trump prepares to reshape the Justice Department, the reduced stress on cryptocurrency enforcement signals a potential reprieve for the industry. However, financial fraud and manipulation Crypto cases will still be pursued with fewer resources. With the appointment of Jay Clayton as Manhattan U.S. Attorney and potential changes at the SEC, the landscape for cryptocurrency regulation could change majorly.

Solana has exhibited a price increase of 4.58% in the last 24 hours. The altcoin’s daily trading volume has dipped by 25.46% reflecting leading cryptocurrencies. With the coming of the AltSeason, several cryptocurrencies have shown price breakouts. Trading charts show new highs and price levels entering new ranges that were previously unvisited. This bullish market has rewarded the prolonged patience that the community held over the past months. Speaking of altcoins, the second largest ecosystem’s native token, Solana has resumed its bullish trend. The cryptocurrency has shown struggles to break resistance at the $220 level, having tested it several times over the past week. This recent price cycle has seen the token take another chance to hit $220. Inferring its daily price chart, 24 hours ago, Solana was trading at $209.54 after which it proceeded to fall further to an intra-day low of $204.48. However, following this, the altcoin sparked bullish candles and rallied to current trading levels. At the time of writing, Solana was trading at $219.49 as per CMC data. Meanwhile, Solana-based memecoins have shown increased activity over the past week. Tokens such as dogwifhat, BONK, and Popcat have surged in price in the last 24 hours as well. However, it is Peanut the Squirrel (PNUT) that stole the show this month with significant price increases. Will Solana Price Rally to $300? When analyzing Solana’s price movements in the past two months, the altcoin shows an ascending triangle pattern followed by a price breakout. This pattern is stated to be a characteristic of an ongoing bullish trend. The price breakout suggests that the price movement has coincided with market analysts’ predictions. SOL/USDT Daily Price Chart (Source: TradingView) Additionally, Solana’s Moving Average Convergence Divergence (MACD) shows the signal line standing above the MACD line. This indicates a positive trend in the market highlighting SOL’s possibility to break current resistance at $220. The altcoin, as aforementioned, has tested $220 nearly five times in the past week before receding downwards. Moreover, the cryptocurrency’s RSI stands close to an overbought situation at 69.77 as per TradingView data. This further elucidates the positive market sentiment among investors. Highlighted Crypto News Today: Ethereum (ETH) Faces Critical Test at $3K Support Level

Bitcoin (BTC) has been on a tear recently, hitting multiple all-time highs (ATH) levels since Donald Trump emerged victorious in the 2024 US presidential elections. Although the top cryptocurrency has witnessed a slight pullback in the past 24 hours, rebounding to an earlier price level could spell trouble for the bears. Bitcoin Bears Could Be Under Trouble According to analysis shared by crypto analyst Ali Martinez on X, more than $800 million is at risk of liquidation if the flagship digital asset reclaims the $93,000 price level. Notably, BTC’s current ATH stands at $93,477. At the time of writing, BTC is trading at $89,480, down 1.9% in the past 24 hours. On the 4-hour chart, BTC’s next prominent support level appears to be around the $86,000. The digital asset has already tested this support level three times, and a further dip to this price could send BTC tumbling toward $81,600, its next major support. If BTC fails to hold above $81,600, a decline to $79,700 may follow. While a lower BTC price would favor the bears, a reclaim of the $93,000 level could severely hurt them. Such a move would risk over $800 million in liquidations, potentially forcing bearish traders to capitulate. Data from Coinglass shows that contracts worth more than $508 million were liquidated in the past 24 hours. Of this, $355 million were long, while $153 million were short. A recent analysis by prominent crypto analyst @CryptoKaleo suggests that Martinez’s warning for bears may be justified. According to @CryptoKaleo, BTC could retrace to $86,000 before embarking on another rally to set new ATHs – possibly beyond $100,000. The analyst stated: What’s Behind BTC’s Run? Multiple factors have contributed to BTC’s historic price action, including the halving earlier this year, the approval of Bitcoin exchange-traded funds (ETFs), and rising institutional adoption of the digital asset. However, Trump’s win in the 2024 US presidential elections – a result seen as pro-crypto – served as a major catalyst for BTC’s surge. Since Trump’s victory on November 5, BTC has climbed from around $69,000 to a high of $93,000, recording gains of more than 30% in just 10 days. Despite this impressive price rally, experts suggest that BTC may have further room to grow. For instance, a recent research report predicts that BTC’s bullish momentum could continue until mid-2025 when it is expected to peak. Additionally, relatively low profit-taking during this bull run could further propel BTC to new heights. However, bulls should remain cautious of a significant CME gap around the $78,000 level, which could be a magnet for price correction. At the time of writing, the total cryptocurrency market capitalization stands at $2.904 trillion, reflecting a 3.7% decline over the past 24 hours. Meanwhile, Bitcoin dominance is at 60.97%, underscoring BTC’s continued strength in the market.

Ethereum slipped to $3.1K, gaining by over 2%. With a shift in market sentiment, ETH could rally towards the $3.5K mark. The bullish sentiment of the crypto market drove the overall market cap to climb past $3 trillion, surging over 5%. While Bitcoin (BTC) trades at $91,627, Ethereum (ETH) cannot mirror its upward momentum. With fading bullish signals, the ETH price risks its price. ETH hovers at a crucial trading juncture, facing downside corrections while testing its support and resistance levels. The asset has registered a modest gain of 2.85% over the past 24 hours. ETH might trade to the downside today as the negative trend persists. At press time, Ethereum trades at $3,136. The asset has sunk to a low of $3,016 and later rose to $3,142. In the meantime, the market observed a liquidation of $36.12 million worth of Ethereum. Along with this, the daily trading volume of ETH stays at $30.73 billion. Moreover, from the weekly outlook, Ethereum shows a spike of over 3.29. The asset began trading at $3,043 and has entered a bullish pattern. ETH has managed to trade at $3,417, suggesting the possibility of an Ethereum breakout. Is Ethereum at Risk of Falling? The four-hour price chart of ETH suggests the current downside correction, with Ethereum facing pressure to hold critical price levels. The altcoin is trading just above the crucial support level at $3K. A failure of bulls to conquer bears may cause the price to decline further toward $2,876. On the flip side, if the market sentiment renewed, ETH might regain momentum at $3,328. This recovery could likely push the Ethereum price to climb potentially toward its peak at the $3.5K mark. Moreover, ETH’s existing sentiment is neutral within the market, as the daily relative strength index (RSI) is resting at 50.17. Besides, the short-term 50-day moving average of the altcoin is found above the long-term 200-day moving average. While inferring the technical indicators of the ETH/USDT trading pair, it exhibits ongoing negative sentiment as the Moving Average Convergence Divergence (MACD) line settles beneath the signal line. This likely hints at a possible continuation of the bearish trend. ETH chart (Source: TradingView) In addition, the Chaikin Money Flow (CMF) indicator is at 0.01, suggesting the money flow is on the positive side. If the indicator rises, it could signal an upside correction. Meanwhile, ETH’s daily trading volume has dropped by over 12.25%. Highlighted Crypto News Is Gary Gensler’s Time at the SEC Coming to an End?

Gary Gensler speculated to resign after Trump’s presidential win reshapes SEC. Controversial crypto policies defined Gensler’s tenure, sparking industry-wide debates. Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), is at the centre of mounting speculation that he will step down in the wake of Donald Trump’s return to the presidency. The political transition has reignited debates about Gensler’s controversial tenure, particularly his hardline stance on cryptocurrency regulation, which critics have dubbed an effort to “sue the industry into submission.” Fox Business reporter Eleanor Terrett added fuel to the rumours, tweeting: “While Donald Trump’s pick for SEC chair remains unknown, it looks increasingly likely that Gary Gensler will step down voluntarily and choose not to finish his term as commissioner (which would expire in 2026). It’s anyone’s guess when his resignation announcement will come. Still, chatter in DC circles is that he’ll likely announce after Thanksgiving his intention to exit in early January, ahead of Trump’s inauguration.” Moreover, Gensler’s history with the crypto industry has been contentious. Appointed by President Joe Biden in 2021, Gensler spearheaded over half of the SEC’s crypto-related enforcement actions to date. While he maintained that many digital assets were unregistered securities, subjecting them to stringent oversight, critics saw his policies as excessively harsh and innovation-stifling. Gary Gensler Hints at Departure Himself? On Thursday, Gensler’s remarks at the Practising Law Institute’s securities regulation conference sounded remarkably like a farewell speech. Reflecting on his tenure, he praised SEC staff and highlighted accomplishments such as enhanced disclosure rules and streamlined market structures. Meanwhile, defending his crypto stance, Gensler reiterated that Bitcoin was not a security but emphasised the need for regulation of the broader digital asset market, citing “significant investor harm” in the absence of oversight. “Our focus has been on some of the 10,000 or so other digital assets,” he said, underscoring their unproven use cases. Although Gensler stopped short of confirming his resignation, the tone of his speech suggests he may soon exit the SEC. Speculation points to his announcement coming after Thanksgiving, marking the end of a tenure that has profoundly shaped the crypto regulatory landscape. Highlighted News Of The Day Goldman Sachs Reveals $710M Bitcoin ETF Holdings

The Bitcoin market appears to have taken an intriguing turn as the asset’s reserves on centralized exchanges have hit the lowest levels since November 2018. This development, highlighted by a CryptoQuant analyst known as G a a h, points out a notable change in BTC’s investor behavior within the crypto space and also suggests quite an interesting trend for Bitcoin. Bitcoin Reserves On Exchanges Reach Five-Year Low According to the analyst, Bitcoin reserves on exchanges have diminished significantly throughout 2024, reflecting a shift towards long-term holding strategies among market participants. This trend suggests that investors increasingly transfer their assets to private wallets, reducing the supply available for immediate sale and contributing to buying pressure in a market already constrained by supply. According to G a a h, this behavior indicates a broader sentiment shift, with market participants displaying increased confidence in Bitcoin as a store of value amidst “economic uncertainty and rising inflation.” By moving Bitcoin away from exchanges, investors reduce the likelihood of sudden sell-offs, which can lead to increased price stability. However, the reduced supply on exchanges may also lead to heightened volatility, especially if demand continues to grow or remains consistent. The CryptoQuant analyst noted: BTC’s Upward Momentum Cools Off Following an all-time high (ATH) of $93,477 on Wednesday, November 13, BTC has faced quite a noticeable correction, now down by 4% from this peak. So far, the asset has been unable to continue its upward momentum and appears to be seeing more sell-offs. When writing, Bitcoin trades below $90,000 with a current trading price of $89,779, down by 1.4% in the past day. This price decline resulted in roughly $49 billion subtracted from its market capitalization valuation on Wednesday. For context, as of today, BTC’s market cap sits at $1.775 trillion, a nearly 5% decrease from the $1.835 trillion valuation two days ago. Bitcoin’s daily trading volume dropped from over $100 billion earlier this week to below $85 billion. Besides the implications on its market cap and trading volume, BTC’s decline has significantly impacted a handful of traders. According to data from Coinglass, in the past 24 hours alone, roughly 170,215 traders have been liquidated, bringing the total liquidations in the crypto market to $510.13 million. Out of these total liquidations, Bitcoin accounts for $132.43 million, with the majority of the liquidations coming from long positions—those who bet that the upward momentum would continue. Featured image created with DALL-E, Chart from TradingView

Bitcoin’s price has factored in an increase of 4.25% over the last 24 hours. The cryptocurrency’s daily trading volume has dipped by 14.11% as per CMC data. As the crypto market enters the weekend slumber, Bitcoin has decided to stay upbeat. The cryptocurrency changed gears to alter its course in the bull run after the modest drop. In reflection, the overall market shows a 3.71% increase in market cap. Meanwhile, the crypto regulatory space has shown some activity in the past 24 hours. Other altcoins, such as Ethereum and Solana, have also surged following Bitcoin’s bull run. The largest cryptocurrency has factored in a price increase of 4.25% over the past day. This has resulted in it once again testing the $91K level after several attempts to break it in previous cycles. In the Asian morning hours of November 15, Bitcoin traded at a low of $87,350 as prices dipped on Friday. However, following this, the cryptocurrency made a quick recovery to current levels. Additionally, the digital asset hit an intra-day high of $91,709. At the time of writing, BTC was trading at $91,356 as per CMC data. Meanwhile, several dormant BTC wallets have begun to show activity as the bull run accelerates. Recently, one particular Bitcoin miner who had remained inactive for nearly 14 years sold 2000 BTC in the past day as per Lookonchain reports. Additionally, several governmental institutions such as Pennsylvania have also expressed interest in Bitcoin reserves. Will Bitcoin Stay Above the $90K Mark This Time? Inferring Bitcoin’s price chart, reveals optimistic indications. For instance, the Chaikin Money Flow (CMF)’s value recedes at 0.28. This highlights the increased incoming money flow into the asset that can be observed in the market. Additionally, BTC’s bull power indicator value stands at 1.54 while its bear power indicator value stands at 0.46 below zero. BTC/USDT Daily Price Chart (Source: TradingView) These indicators suggest an existing positive environment in the market and thus indicate that Bitcoin could potentially maintain price stability above the $90,000 level. In such a case, the digital asset can face resistance at $92,026 as current prices suggest breaking resistance at $90,916. Finally, adding to the positive note, the memecoin sector has also shown significant price surges. Top memes such as DOGE and PEPE have reached new trading levels. Highlighted Crypto News Today: Goldman Sachs Reveals $710M Bitcoin ETF Holdings

Now that Bitcoin short-term price action remains bullish, driven by US President Donald Trump’s vocal support for crypto, analysts ponder the following question: How will Bitcoin perform in five to 10 years? For Galaxy Digital’s Mike Novogratz, using gold as a benchmark, Bitcoin can hit $800,000 in five to 10 years. In a Bloomberg Television interview, Novogratz joins other analysts on their bullish take on the top digital asset. He added that Bitcoin will remain upward and trade at $800k in the next five to 10 years, approximating gold’s $16 trillion market value. Bitcoin To Match Gold’s Market Cap: Analysts Trump’s win is arguably one of the triggers for Bitcoin’s recent price action. A few days ago, Bitcoin edged out silver in the list of Top 10 assets in the market cap department. Today, the digital asset tops Saudi Aramco on the same list, with a valuation of $1.79 trillion. With the continuous climb in digital assets, many ask if they match gold’s market cap. According to Novogratz, the shift in market interest among the new generation of consumers and traders is helping Bitcoin. He stated that today’s investors prefer Bitcoin, which is considered a digital store of value. Aside from Novogratz, other market analysts and industry personalities use gold as Bitcoin’s benchmark. For example, Howard Lutnick and Anthony Scarammucci have also compared both assets, saying that Bitcoin will beat gold’s market cap soon. Bitcoin To Trade In $500k Level If It Becomes Part Of US Reserve The Galaxy Digital founder also predicts that Bitcoin’s price will hit $500k if the US government decides to integrate the digital asset as part of the Treasury. Novogratz made this bold projection based on the current bullish trend and potentially favorable policies for crypto. Novogratz added that if the US decides to acquire up to 1 million BTC, then this will force other governments to invest as well, pushing the demand. In addition, Trump’s support for Bitcoin and crypto is also fueling the bullish run of the asset. Novogratz Not Confident On Government’s Decision To Add BTC As Reserve Asset Although Novogratz identifies a $500k target, he thinks the US Treasury will likely not add this asset. He predicts that there’s a considerable chance the bill may not pass the Senate’s approval, although the House gives its go-signal. Novogratz remains bullish on Bitcoin and advises the US government to acquire more and double down on its campaign to promote digital assets. He added that the government doesn’t need to support the USD with other assets. In the same Bloomberg interview, he further shared that he’s heavily invested in Bitcoin and will welcome the possibility of the reserve bill getting approved. Featured image from Pexels, chart from TradingView

The XRP price is experiencing a significant uptick, rising 20% over the past two days and an impressive 47% in the last five days. The surge can be attributed to a confluence of factors, including speculation surrounding SEC Chairman Gary Gensler’s potential resignation, favorable regulatory tailwinds under the incoming Trump administration, increased whale activity, and a notable technical breakout. #1 Speculation About SEC Chairman Gary Gensler’s Resignation A primary driver behind XRP’s recent price movement is the growing speculation regarding the possible resignation of Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC). On November 14, Gensler delivered a speech at the Practicing Law Institute’s 56th annual conference on securities regulation, where he lauded the efforts of the SEC. “It’s been a great honor to serve with them, doing the people’s work, and ensuring that our capital markets remain the best in the world,” Gensler stated. The crypto community on Xinterprets this speech as a potential farewell address, especially in light of the upcoming transition following Donald Trump’s victory in the US presidential election. Investors anticipate that the Trump administration will appoint a pro-crypto chairman to lead the SEC. “I will fire Gary Gensler on day one,” Trump pledged during the Bitcoin 2024 conference. Brad Garlinghouse, CEO of Ripple Labs, echoed these sentiments on X: “Joined Cantor’s annual Crypto Conference today – safe to say that the US is ready to be the crypto capital of the world with the next Trump Administration. Also an apt shirt to wear..on perhaps what are Gary Gensler’s last days in office?!” After Gensler’s resignation, there’s speculation that the SEC might reconsider its appeal against Ripple Labs, potentially alleviating regulatory pressures that have weighed heavily on the XRP price over the last years. #2 Regulatory Tailwinds For XRP Under Trump The anticipated policy shift under the incoming Trump administration is another critical factor contributing to the XRP price appreciation. The administration is reportedly preparing to adopt a more permissive stance toward crypto, with plans to appoint industry-friendly candidates to key regulatory positions. “Chatted with Tony Romm about how the incoming Trump Administration is already engaging proactively with the crypto industry on clear rules of the road… what a breath of fresh air!” Garlinghouse remarked today on X. Further emphasizing the potential positive impact, Garlinghouse stated via X: “I’ve shared some thoughts on what the Trump administration could mean for crypto and wanted to also recognize the XRP family’s patience and unwavering support. A lot has happened since XRP was the 2nd most valuable digital asset. It’s been – at times – a frustrating journey. ~6 years since the SEC started meddling in the crypto market, picking winners and losers… ~4 years since the SEC sued Ripple. He added, “Now FINALLY we see a light at the end of the tunnel as these external (frankly unnatural and manipulative) market factors fade. The tides are shifting, headwinds are turning to tailwinds, and the opportunity for those of us who believe in the future for XRP is enormous!” #3 Increased XRP Whale Activity Whale activity, indicative of large-scale investments by major holders, has also played a significant role in the XRP price surge. On-chain analysis firm Santiment reports on X: “Wallets with at least 1M XRP now hold a combined 45.61B tokens, their highest amount held since June 2018. In the past 2 years, whales & sharks have reversed course and accumulated 3.44B more XRP, a +8.16% increase. Traders have enjoyed a +40% return in the past 7 days.” #4 Technical Breakout Complementing the fundamental drivers are technical factors contributing to the XRP price action. XRP has broken above a six-year-long symmetrical triangle pattern, a significant technical indicator that suggests the potential for sustained upward momentum. Historically, such breakouts have preceded notable price increases, and in XRP’s case, the price had previously declined by as much as 97% during the formation of this pattern. At press time, XRP traded at $0.85.