Solana recently broke its yearly high at $210, sparking a surge in trading activity as the altcoin now attempts to consolidate above this key level. This period of volatile price action highlights Solana’s strong position within the market, as investors watch for signs of a further breakout. Top analyst and investor Immortal recently shared an insightful technical analysis comparing Solana’s chart to Bitcoin’s historical price movements, suggesting that Solana’s next breakout may be imminent. As the market reaches new highs, Solana’s ability to hold above $210 could indicate strength, drawing in additional interest from retail and institutional investors. In the coming days, Solana’s price action will likely clarify whether this consolidation phase is merely a pause before a more substantial move. With the broader crypto market reaching unprecedented levels, Solana is positioned at a critical juncture, and traders will closely monitor its performance for signs of a continuation of its upward trajectory. Solana Preparing For A Rally Solana appears poised for a significant rally, having broken out of an 8-month accumulation phase that began in March. This critical development has caught the attention of top analyst and trader Inmortal, who shared an analysis on X, comparing Solana’s recent chart patterns to those of Bitcoin. His technical perspective suggests that Solana mirrors Bitcoin’s past price movement and could be on the cusp of a substantial surge. Following its break above the yearly high of $210, Solana’s next target is likely to be its all-time high of $258. This level is viewed by many as a critical resistance, and a successful test could pave the way for even greater price gains. The breakout from such an extended accumulation phase has bolstered confidence in Solana’s bullish structure, and the market is closely watching for signs of sustained momentum. The timing of this potential move is also strategic. As Bitcoin consolidates just below its all-time high, a period of stability could provide the perfect window for altcoins, particularly Solana, to gain traction. This pause in Bitcoin’s rally allows liquidity to shift toward other strong projects, positioning Solana well for a possible continuation of its upward trend. The next few days will be pivotal for Solana as traders look to see if it can sustain support above $210. If Solana holds this level and momentum remains, a push toward the $258 all-time high could unfold rapidly, further solidifying its role as a leading altcoin in the market’s current bull phase. SOL Testing Last Supply Levels Before ATH Solana is currently trading at $220, having broken its yearly highs, yet it’s now encountering some volatility as traders assess the next move. With SOL just 17% away from its all-time high of $258, many are watching closely to see if it can sustain this momentum without giving traders any lower entry points. The $210 support level is particularly crucial in the coming days. If SOL fails to hold above this mark, a short-term correction could drive prices lower, potentially offering some breathing room for buyers looking to enter before the next rally. However, should SOL remain steady above $210, the likelihood of a rapid push to new highs becomes even stronger, as it signals ongoing bullish strength in a market eager for upward movement. As Solana continues to consolidate at these elevated levels, a decisive break could ignite a swift rally, drawing in both retail and institutional interest. Traders are preparing for either outcome: a brief correction as a buying opportunity, or a breakout that takes Solana into uncharted territory, setting new highs and reaffirming its place among top-performing altcoins this cycle. Featured image from Dall-E, chart from TradingView

Solana (SOL) is gaining momentum once more, with bullish energy pushing it higher as it aims for the next major resistance at $240. Following recent consolidations, SOL has surged onto traders’ radars with renewed buying interest, sparking optimism that the climb will continue. With market sentiment turning increasingly favorable and technical indicators pointing toward further gains, all eyes are on SOL’s potential to break through its next significant threshold. Could this be the start of a rally that propels Solana to new heights? As bullish momentum builds, this article delves into Solana’s recent price action to evaluate whether its current upward trajectory has the strength to drive it toward the $240 mark. We’ll assess SOL’s capacity to sustain its rally and reach this pivotal price target by analyzing key technical indicators, market dynamics, and support and resistance levels. Exploring The Factors Behind SOL’s Uptrend Solana is currently trading above the 100-day Simple Moving Average (SMA) on the 4-hour chart, a clear indication of upside strength. After experiencing a brief pullback to the $200 level, SOL has regained strength, with renewed buying interest pushing it toward the next key resistance at $240. This upward movement suggests that the bulls are in control, and if SOL can maintain its momentum, it could soon challenge and possibly break through the $240 level, opening the door to further gains. An analysis of the 4-hour Relative Strength Index (RSI) reveals that the RSI has risen above the 50% threshold after dipping below it, signaling a shift in market sentiment. If the RSI continues to rise and stays above 50%, it points to the potential for more price growth and continued confidence in the price’s ability to gain. Additionally, the daily chart reveals that Solana is experiencing strong upside movement, reflected in the formation of bullish candlestick patterns. With the asset trading above the key 100-day SMA, its positive trend is further validated. As SOL maintains this trajectory, it bolsters market confidence, setting the stage for more gains as it eyes the $240 target. Lastly, the RSI on the daily chart is at 71%, showing strong optimistic sentiment after recovering from a dip to 69%. This rebound indicates a resurgence in buying pressure, suggesting a shift toward a more positive market outlook. The RSI’s constant increase signals that the asset may maintain its upward trajectory, supporting the ongoing bullish trend and paving the way for additional gains. Can Solana Break Through Resistance On Its Path To $240? Solana is currently demonstrating strong bullish momentum, holding above the crucial 100-day SMA and recovering from recent pullbacks. As SOL advances toward the $240 target, a breakout above this level could trigger an extended buying pressure, propelling the price toward its all-time high of $260. However, failure to break above the $240 resistance could cause a decline, with the price targeting the $209 level and other support ranges further down.

Bhutan made a move by selling 367 Bitcoin (BTC) worth about $33.5 million on Binance. Is Bhutan utilizing the BTC surge? Bhutan has been quietly mining Bitcoin since 2021. Using its hydropower, Bhutan runs low cost, sustainable mining operations and has accumulated over 12,200 BTC, worth about $1.11 billion, making it one of the largest government holders of Bitcoin. Why Bhutan Is Selling Bitcoin According to Arkham Intelligence, Bhutan moved BTC of 367 for about $33M. By selling some BTC now, Bhutan can bring in extra funds to increase its economy without relying on loans or outside aid. Recent Bitcoin’s surge paved the way for it. As Bhutan’s economy is mostly supported by hydropower and tourism, so Bitcoin sales may be a way to add new income for projects like infrastructure, healthcare, or education. Mining and selling Bitcoin may be part of Bhutan’s plan to become less dependent on traditional finance. By earning from digital assets, Bhutan could create more financial stability and explore new growth opportunities for its small economy. Despite recent sales, Bhutan still holds over 12,000 BTC, showing its belief in Bitcoin’s future value. By selling some while keeping the rest, Bhutan is balancing profit-taking with long term investment. Crypto Community Reactions and the U.S. Connection Some people in the crypto community wonder why Bhutan chose to sell on Binance instead of in private deals, which would have less impact on Bitcoin’s price. Bhutan’s actions come at a time when the U.S., under pro-crypto President Donald Trump, is also showing more interest in Bitcoin. Trump has suggested building a Strategic Bitcoin Reserve, and Senator Cynthia Lummis proposed a bill for the U.S. to buy 1 million BTC each year for the next five years. Thus Bhutan’s involvement in Bitcoin shows how a small country can use digital assets to support its economy. This may inspire other nations to consider the benefits of cryptocurrency, especially during times when Bitcoin is gaining more attention worldwide

The cryptocurrency sector is seeing a substantial rise, especially within Layer 1 blockchains. Toncoin has recently experienced a 5% price boost, reaching $4.78, accompanied by an increase in trading volume. At the same time, SUI has enhanced its platform through a partnership with Google Cloud, facilitating access to real-time blockchain data for developers. During this period, BlockDAG (BDAG) is emerging as a powerful and still underexplored Layer 1 option. With a 2100% jump since its debut and a presale accumulation of over $121.5 million, predictions indicate BDAG’s price could reach an ambitious $30 by 2030. This offers early buyers a chance for potentially life-changing returns, reminiscent of the early days of well-known cryptocurrencies. Toncoin’s Uptick: Brief Spike or Steady Climb? Associated with the widely-used messaging app Telegram, Toncoin has seen a notable 5% increase to $4.78, driven by a 45% surge in trading volume. This rise contributes to a global 10% increase in cryptocurrency market cap. However, some market analysts, observing the Parabolic SAR, warn that this upward trend may not be sustainable, with bearish signs potentially limiting future growth. Should sell-offs increase, Toncoin could drop to a support level near $4.44, but crossing $5.21 might reignite its ascent. SUI & Google Cloud: Advancing Blockchain Tech SUI has made a significant advancement by integrating with Google Cloud. This partnership allows developers to tap into real-time blockchain data via Google’s Pub/Sub service, enhancing the development of smarter and more responsive dApps. This is particularly useful for apps that require constant blockchain interaction, like fraud detection systems. Google’s Vertex AI also provides developers with tools to improve their dApps’ security and efficiency, strengthening the SUI ecosystem. Why BlockDAG Could Be the Next Major Crypto Breakthrough While Toncoin and SUI are making headlines with their technological strides, BlockDAG offers a standout chance for early buyers in a promising Layer 1 cryptocurrency. Forecasts suggest that BlockDAG’s value could soar to $30 by 2030, a projection that reflects its robust initial presale performance, having raised over $121.5 million and sold more than 15 billion BDAG coins. Although it is often overshadowed by more established coins, engaging with burgeoning projects like BlockDAG early on can yield significant rewards, echoing the success stories of well-known cryptocurrencies today. Presently priced at just $0.022 per coin, BlockDAG represents an appealing entry point for those new to the cryptocurrency market, especially with the BULLRUN100 bonus that celebrates Bitcoin’s recent peak. This unique bonus not only provides priority access to BDAG airdrops but also offers a strategic advantage in trading as soon as the coins are distributed. For miners, getting involved early means facing less competition and having better chances for substantial coin accumulation before the market becomes crowded. This early stage access could be crucial for those looking to make a mark in the crypto world, as BlockDAG is poised for significant growth. Which Cryptocurrency Will Reign in the Bullish Market? Amid fluctuating Toncoin prices and SUI’s novel integration paving the way for sophisticated applications, BlockDAG distinguishes itself with its impressive presale achievements and appealing entry price. The BULLRUN100 bonus might just be the catalyst for early purchasers and miners, securing a strong position before the market escalates. For those jumped in the future of Layer 1 technologies, BlockDAG could well be the hidden gem set for a remarkable rise. Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Global digital asset exchange Gate.io has announced the upcoming launch of its USDE wealth management products, which include USDE Staking and USDE Simple Earn, set to release on November 15 16:00:00, 2024 (UTC+8), as well as the soon-to-be-released USDE Flexible Staking. This product launch marks an innovative step forward for Gate.io in the stablecoin wealth management market, offering users new high-yield, versatile asset management options. USDE Staking: High Annual Yield and Low Barrier On-Chain Staking USDE Staking is an on-chain staking product from Gate.io that allows users to stake USDE, which Gate.io then delegates to validators on the Ethena network, enabling users to easily earn real on-chain rewards. With a minimum investment of just 0.1 USDE, users can access expected annual yields of up to 34%, the highest rate across the network. Additionally, USDE Staking supports anytime withdrawal, helping users manage their assets flexibly and earn stable, secure interest daily. On-Chain Rewards: Gate.io provides users with opportunities to earn DeFi rewards within its secure ecosystem. Low Barrier to Entry: With only 0.1 USDE, anyone can easily join the Ethena ecosystem, regardless of investment size. Flexible Asset Management: Users can initiate withdrawals at any time, allowing easy adjustments to asset allocation. Secure, Stable Interest Earnings: Staking rewards are settled daily and automatically distributed to user accounts, ensuring transparent returns and an improved user experience. USDE Simple Earn: High Rewards and Multi-Function Integration for Improved Asset Allocation Another core product in the USDE series, USDE Simple Earn will launch on Gate.io on November 15, 2024, providing a flexible solution for idle assets. In addition to real-time lending market annual rates, Gate.io has established a bonus pool of one million USDE with additional tiered annual rewards, enhancing rewards by at least 34%. USDE Simple Earn smartly matches users with idle assets to those in need of loans, creating flexible earning opportunities. After subscribing, the system determines loan success and applicable rates hourly based on the user’s preset lending rates and actual borrowing demand. Once a loan is successful, users start earning interest on an hourly basis. Notably, with Unified Account enabled, users can deposit USDE into Simple Earn to enjoy yields during financial activities. The assets can also serve as collateral for leverage and contract trading, greatly increasing liquidity and asset utilization efficiency. Million-Dollar Additional Annual Rewards: Beyond real-time returns, Gate.io’s one million USDE pool provides extra annual rewards. Unified Account Collateral: USDE assets in Simple Earn can be used as collateral in Unified Accounts, easily accessible with no transfers needed. Flexible Idle Asset Management: Simple Earn allows users to deposit and withdraw at any time, giving users the flexibility to manage funds as needed. One-Click Auto-Earning: The system automatically subscribes to Simple Earn daily, maximizing returns on idle USDE with flexible interest earnings. USDE Flexible Staking: A Flexible Appreciation Path for USDE Assets Gate.io will launch USDE Flexible Staking, further expanding options for USDE asset growth. USDE Flexible Staking is an upcoming savings product requiring no staking or withdrawal; assets simply remain in the account without occupying balance. Users can participate with one click, earning returns based on average holdings. 0 Fees for USDE/USDT Spot Trading Pair for a Limited Time From November 15th 16:00:00 to December 15th 23:59:59, 2024 (UTC+8), users can enjoy 0 trading fees on the USDE/USDT spot trading pair. With innovative earning models and multifunctional asset management, the new USDE product line strengthens Gate.io’s leadership in the crypto finance market. The USDE Simple Earn product, in particular, leverages Unified Account functionality, enabling users to earn high rewards while allocating assets flexibly for leverage and contract trading. Future rate adjustments will be based on on-chain rates, with Gate.io holding final interpretation rights. Gate.io remains committed to providing professional crypto asset management services globally, advancing industry progress through innovation and leading diverse development in crypto finance. The launch of the USDE series injects new vitality into the stablecoin market, enabling crypto investors to optimize asset allocation while balancing returns and liquidity. Media Contact: Elaine Wang at [email protected] Disclaimer: The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/zh/user-agreement. 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.

A potential shift in crypto regulation could be in the works as the US Securities and Exchange Commission (SEC) Chairman Gary Gensler hints at a possible resignation following President-elect Donald Trump’s recent victory on November 5. SEC Head Gensler Drops Resignation Clue In a recent statement to SEC staff, Gensler hinted at a possible resignation, which led to further discussions about his future as the agency’s head. His remarks, which carried a tone reminiscent of a farewell, expressed gratitude for the opportunity to serve alongside his colleagues, emphasizing the importance of their work in maintaining the integrity of US capital markets. The SEC chairman, who has long been criticized for his approach to the crypto industry, also dedicated a portion of the letter to his mom and dad, concluding, “I’ve been proud to serve with my colleagues at the SEC who work day in and day out to protect American families on the highways of finance.” Despite the absence of any official confirmations from either the SEC or Gary Gensler regarding his future, the suggestive tone of his letter has sparked anticipation among crypto investors, hinting at the likelihood of his resignation. Policy Shift Towards Crypto-Friendly US Gensler’s leadership has been marked by numerous enforcement actions, lawsuits and Wells Notices against major players in the crypto space, including Binance, Coinbase and the most notorious case against Ripple Labs, while failing to provide a clear regulatory framework for digital assets. The anticipation surrounding Gensler’s potential exit is compounded by Trump’s promises to create a more favorable environment for cryptocurrencies, positioning the US as the “crypto capital of the world.” Trump’s administration is expected to prioritize policies that support innovation and growth in the digital asset sector, contrasting sharply with Gensler’s regulatory stance. Featured image from DALL-E, chart from TradingView.com

Crypto analyst MadWhale has predicted that the Shiba Inu price could suffer a significant crash soon enough. Based on the analysis, this price correction is simply a healthy retracement that could pave the way for SHIB to reach new highs. Shiba Inu To Suffer A Major Price Crash In a TradingView post, MadWhale predicted that Shiba Inu could suffer a major price crash soon enough. According to the analyst, SHIB could decline further to the next lower Fibonacci support level. The analyst’s accompanying chart showed that this Fib support level is just above the psychological price level of $0.000020. However, the analyst is still bullish on Shiba Inu in the long term despite the possibility of this price crash. MadWhale stated that they anticipate a renewed upward movement following the potential dip, leading to a price recovery and subsequent price increases. The accompanying chart showed that the Shiba Inu price could rally to $0.00003200 on the first leg of this recovery. MadWhale also provided insights into why they are bullish on Shiba Inu’s long-term trajectory. The analyst stated that a significant influx of trading volume has entered the market for SHIB. Furthermore, they claimed that the meme coin is backed by one of the largest media platforms and communities in the global crypto space, which enhances its influence and market visibility. A price correction also seems likely for Shiba Inu, especially if the Bitcoin price were to correct following its recent parabolic rally past $90,000. IntoTheBlock data shows that the Shiba Inu price correlation with Bitcoin is at 0.91, which indicates a strong positive price correlation between both assets. Moreover, Shiba Inu’s recent rally has also been thanks to the parabolic rally that the Dogecoin price has enjoyed, given their price correlation. Therefore, with crypto analysts like Kevin Capital predicting that DOGE will witness a price drop soon, SHIB could also follow suit. SHIB Could End The Year At $0.0000444 In an X post, crypto analyst Investing Haven predicted that Shiba Inu could rise to $0.0000444 by year-end. The analyst stated that this price target aligns with the 25% Fibonacci retracement. Furthermore, Investing Haven noted that October’s predicted dip to $0.0000144 saw buyers step in at $0.0000158, reinforcing a bullish setup. Meanwhile, Investing Haven also stated that Shiba Inu’s strength signals an ultra-bullish 2025. The analyst’s accompanying chart showed that SHIB could rally to $0.00007436 sometime next year. This target is still below Shiba Inu’s current all-time high (ATH) of $0.000088. However, crypto analyst Javon Marks predicted that SHIB would still rally to its ATH and surpass it. At the time of writing, Shiba Inu is trading at around $0.00002642, up over 11% in the last 24 hours, according to data from CoinMarketCap.

Newcomers in crypto world are eager to discover altcoins with the potential for significant gains before year’s end. With December approaching, certain digital assets are showing remarkable promise. Recognizing these opportunities now could be crucial for investors looking to capitalize on the market’s momentum. Among them is XYZVerse (XYZ), a memecoin uniting sports fans across disciplines, aiming to become a cultural icon and offering early participation benefits in its community-driven project. Dominate the Field with XYZ: The Next Meme Coin Champion! The game is on, and XYZ is leading the charge in the meme coin arena! This sensational all-sports meme token has hit the market with unstoppable momentum, knocking out weak competitors and scammy cryptos. As it charges ahead, XYZ is set to deliver jaw-dropping gains, leaving the likes of BOME and WIF far behind. With eyes on a staggering 99,900% growth, XYZ is ready to claim the meme coin crown in the next crypto bull marathon! Rule the game, cash in as the bets roll in XYZ is the star player in XYZVerse – the ultimate fusion of sports thrill and meme culture. This community-centered ecosystem is the perfect playground for crypto degens and sports fans alike, offering everything from entertainment apps to prediction markets. Think back to Polymarket’s $1 billion trading volume during the US elections betting frenzy, and now, picture that on steroids with XYZVerse. With millions of sport bettors getting ready to jump in the action, opportunities for early investors in XYZ are really huge! XYZ is currently undervalued, and with major listings on the way, presale participants stand to secure life-changing gains. >>>Don’t miss your shot at being part of the XYZ winning team!<<< Ethereum (ETH) Ethereum (ETH) has experienced a remarkable surge in the past week, with its price increasing by 35.83%. Over the past month, the price has risen by 33.39%, and in the last six months, it has grown by 11.78%. This upward trend reflects strong investor interest and market momentum. Technical indicators support this positive outlook. The Relative Strength Index (RSI) stands at 58.54, suggesting that ETH is approaching overbought territory but still has room to grow. The Stochastic indicator is high at 89.76, indicating strong bullish momentum. The Moving Averages over 10 and 100 days are nearly identical at around $3215, aligning with the current price range of $2612.70 to $3504.75. The positive MACD level of 0.4689 suggests continued upward momentum. Technical indicators provide additional insights. The Simple Moving Average over the past 10 days is $0.6847, while the 100-day average is $0.6169. The Relative Strength Index (RSI) is at 66.40, suggesting XRP is nearing overbought territory. A high Stochastic value of 92.36 also indicates overbought conditions. The MACD level stands at 0.0125, which can be a signal of continuing bullish momentum. XRP (XRP) XRP has experienced notable gains recently. In the past week, its price surged by 38.97%. Over the last month, it increased by 34.61%, and in the past six months, it rose by 38.64%. These upward movements highlight a period of growth for the cryptocurrency. Currently trading between $0.5168 and $0.6396, XRP is approaching its nearest resistance level at $0.6905. If it moves past this point, the next resistance level is at $0.8133. On the downside, the nearest support level sits at $0.4449, with a secondary support at $0.3221. These levels are key indicators of where the price might fluctuate based on market momentum. Technical indicators provide additional insights. The Simple Moving Average over the past 10 days is $0.6847, while the 100-day average is $0.6169. The Relative Strength Index (RSI) is at 66.40, suggesting XRP is nearing overbought territory. A high Stochastic value of 92.36 also indicates overbought conditions. The MACD level stands at 0.0125, which can be a signal of continuing bullish momentum. Conclusion ETH and XRP present promising opportunities, but investing in XYZVerse (XYZ)—the pioneering all-sport memecoin aiming for massive growth—could lead to significant profits by December. You can find more information about XYZVersus (XYZ) here: Site, Telegram, X Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

The blockchain arena is currently experiencing a significant transformation with BlockDAG’s debut, a presale platform that not only delivers groundbreaking technological innovations but also pioneers a distinctive approach to community involvement. This analysis delves into how BlockDAG (BDAG) measures up against the established technologies of Kaspa and Solana, which are renowned for their superior speed and processing capabilities. We’re exploring BlockDAG’s potential to set new blockchain standards and establish a fresh paradigm for user and community benefits in the crypto market. Kaspa Elevates Blockchain with Rapid, Parallel Transaction Capabilities In the blockchain industry, Kaspa shines with its use of a directed acyclic graph (DAG), which enables exceptionally swift and parallel transaction processing. This foundational technology places Kaspa at the forefront of processing speed, providing a notable advantage in a marketplace that prioritizes efficiency. The DAG architecture equips Kaspa to manage a growing number of transactions simultaneously, a substantial edge over traditional blockchain systems that handle transactions sequentially. This feature allows Kaspa to scale effectively to meet surging demands without the typical bottlenecks that impede other networks during high-traffic periods. Consequently, Kaspa emerges as an ideal solution for applications that demand quick transaction confirmations, appealing especially to industries like financial services, gaming, and digital marketplaces. Solana’s Speed Revolution: How PoH & PoS Propel Blockchain Efficiency Solana sets itself apart in blockchain efficiency with its unique proof-of-history (PoH) consensus mechanism, ingeniously combined with proof-of-stake (PoS). This hybrid consensus model is pivotal to Solana’s framework, enabling it to process transactions at breakneck speeds—a critical benefit in an industry where rapid transaction processing is key to user satisfaction and application functionality. The PoH element of Solana’s consensus mechanism functions by creating a historical record that verifies an event that has occurred at a certain time. This innovation minimizes the need for an extensive process of consensus across all nodes regarding the sequence of events. Coupled with PoS, it not only safeguards the network but also greatly enhances the speed of transaction processing, empowering Solana to handle tens of thousands of transactions per second. BlockDAG: Pioneering the Blockchain Frontier BlockDAG is making rapid strides in the blockchain sector by masterfully blending state-of-the-art technology with a dynamic community engagement strategy. This method is proving fruitful, as demonstrated by its recent presale success, which raised a notable $121.5 million. This achievement has not only garnered significant trust among pioneers and enthusiasts but also hinted at its promising market future. BlockDAG’s modern technology is fine-tuned to enhance the blockchain user experience, focusing on speeding up transactions and decreasing delays—areas where it directly competes with established giants like Kaspa and Solana. The launch of its testnet is a crucial step in this direction, offering an opportunity to refine the network’s features and guarantee top-notch performance in practical scenarios. By potentially outpacing Kaspa and Solana in transaction speed and efficiency, BlockDAG is on track to redefine blockchain standards. Additionally, the launch of the BULLRUN100 bonus code underlines BlockDAG’s dedication to its community. This bold promotion provides a 100% bonus on BDAG coin purchases, effectively doubling the participants’ stakes and providing them early access to exclusive features and future events. This initiative is designed to richly reward early adopters, boosting engagement and commitment within the BlockDAG ecosystem. These efforts underscore BlockDAG’s commitment to both technological innovation and community building, distinguishing it in a competitive field. The team is not only developing a high-caliber blockchain but also fostering a community-centric ecosystem that values and appreciates its members. This holistic strategy ensures that as BlockDAG evolves, it remains an attractive option for those looking for a mix of cutting-edge technology and rewarding community interactions, establishing it as a formidable contender in the dynamic blockchain arena. The Bottom Line While Kaspa and Solana are known for their speed and capacity, BlockDAG is set to shake up the blockchain sector with its fresh and modern approach. By emphasizing both technological prowess and community advantages, BlockDAG isn’t merely competing in the market—it’s looking to revolutionize it. As the blockchain field progresses, the strategic integration of newcomers like BlockDAG could ignite a new era in blockchain technology, potentially establishing new performance and engagement benchmarks. Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Meme-inspired cryptocurrencies are making waves as they reach for new price heights. Established tokens with playful origins are eyeing significant milestones, capturing the attention of investors and enthusiasts alike. The crypto market is abuzz with anticipation over which digital assets will lead the next surge. Amid this excitement, XYZVerse emerges as the first all-sport memecoin, uniting fans across various sports and aiming for remarkable growth. 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!<< Dogecoin (DOGE) Dogecoin has surged dramatically in recent times. Over the past week, its price jumped by 142.33%. In the last month, it climbed 270.35%, and over six months, it rose 175.71%. This significant growth has caught the eye of many investors. Currently priced between $0.18 and $0.33, Dogecoin is nearing its nearest resistance level at $0.39, aligning with its 10-day simple moving average. If it breaks through this point, the next resistance is at $0.54. The nearest support level lies at $0.0904, providing a cushion if prices fall. Technical indicators show mixed signals. The 10-day and 100-day simple moving averages are close, at $0.000025241 and $0.0000250482 respectively, suggesting stability. The Relative Strength Index (RSI) is at 56.23, indicating a neutral market. The Stochastic value of 77.66 suggests that SHIB is nearing overbought territory. Meanwhile, the MACD level is slightly negative at -0.00000001078. These factors could influence SHIB’s price movement in the coming days. Shiba Inu (SHIB) Shiba Inu (SHIB) has experienced a notable surge in its price recently. Over the past week, its value increased by 48.57%. In the last month, SHIB climbed by 50.42%. Even over six months, it saw an 8.10% rise. These numbers highlight a strong upward trend for this cryptocurrency. The current price range of SHIB is between $0.0000189467 and $0.0000306467. It is approaching its nearest resistance level at $0.0000352133. If it surpasses this point, the next target could be around $0.0000469133. On the downside, the nearest support level is at $0.0000118133, providing a safety net for potential price drops. Technical indicators show mixed signals. The 10-day and 100-day simple moving averages are close, at $0.000025241 and $0.0000250482 respectively, suggesting stability. The Relative Strength Index (RSI) is at 56.23, indicating a neutral market. The Stochastic value of 77.66 suggests that SHIB is nearing overbought territory. Meanwhile, the MACD level is slightly negative at -0.00000001078. These factors could influence SHIB’s price movement in the coming days. Conclusion While DOGE and SHIB strive for new milestones in the 2024 bull run, XYZVerse (XYZ) leads with its sports memecoin, targeting immense growth and community-driven success. 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.

Avalanche (AVAX) has been on a phenomenal upward trend as overall market optimism has buoyed it. Recently, the token surpassed crucial resistance levels fueled by recent Federal Reserve rate cuts and Donald Trump’s election victory. These events appear to have reignited investor enthusiasm, thereby increasing interest in the altcoin and driving its price upward. Currently, AVAX is trading at $33.33, which represents a 28% increase in the past week. Market observers anticipate that it may reach $50 in the near future. Confidence Encouraged By Technical Performance Crypto analyst KALEO posted to X, predicting a price spike for AVAX of up to $50. According to a chart provided by KALEO, AVAX is currently trading within an ascending channel, suggesting that the momentum is expected to persist. Numerous investors are enthusiastic about this technical configuration, with some anticipating additional gains in the near future. The next obstacle could be the breach of $40 if the upward trend persists, which would establish the foundation for a rally toward $50 by the end of the week. Market Sentiment And Institutional Support Additionally, the recent price increase coincides with an increase in institutional interest in Avalanche. The renewed engagement from institutional investors following Trump’s election victory on November 5 was emphasized by Jason Yanowitz, co-founder of Blockworks. He mentioned that hedge funds and venture capitalists have begun increasing their investments, which indicates their confidence in AVAX’s future development. The token’s value is anticipated to be further enhanced by the influx of capital into the market as a result of this institutional activity. Avalanche: Long-term Outlook Remains Optimistic Analysts are bullish on the long-term prospects of Avalanche. The token is seen hitting the $90 target for 2024, according to forecasts from the House of Crypto. Others predict a rally towards $60 and $72 by December, after which it is possible to rise to $135 toward the early months of the following year. The medium and long-term are still good for AVAX despite short-term volatility and the possibility of corrections as foreseen in certain estimates. Over the next three months, the token is expected to grow by over 38%, and there is an expectation of a 220% growth over the next year. Thus it becomes an opportunity that will attract many long-term investors. Avalanche’s performance in the upcoming weeks will be the primary focus as it continues to acquire momentum. AVAX may be on the cusp of another significant rally, given its favorable technical outlook and robust institutional support. Featured image from DALL-E, chart from TradingView

As the cryptocurrency landscape shifts, a new wave of altcoins is gaining significant attention. November introduces tokens that promise innovation and show potential for remarkable growth. From enhancing decentralized solutions to revolutionizing community engagement, these digital assets are positioning themselves as notable contenders in the market, stirring interest among investors and enthusiasts alike. Among these is XYZVerse (XYZ), a memecoin uniting sports fans across disciplines, aiming to outperform predecessors with its fusion of meme culture and sports enthusiasm. Score Big with XYZ: The New Meme Coin Heavyweight The fans are losing it! The XYZ token is in the crypto ring, landing blows on the competition – bullshit coins, worthless farming schemes, and scam projects. Like a true champ, this first-ever all-sports meme token has fought its way through the bear market with fearless momentum and shows no signs of slowing down. With eyes set on a roaring thousand-fold growth, XYZ is destined to leave the 2024 meme coin triumphants like BOME and WIF trailing in its wake. Own the field, earn while the crowd plays XYZ is more than just a benchwarmer in the meme coin game; it’s creating the ultimate playing field with XYZVerse, where the thrill of sports meets the energy of meme culture. With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of gamblers ready to join the action. Remember Polymarket’s massive $1 billion trading volume during the US election betting fever? XYZ is gearing up for an even bigger win in the GameFi arena, letting its stakeholders cash in on the perfect combo of meme coin vibes, sports hype, and crypto mass adoption. Missed meme coin supercycle? By capitalizing on the ever-expanding gambling niche, XYZ is set to become the G.O.A.T of meme coins. BOME’s 5,000% takeoff and WIF’s 1,000% year-to-date rally are now relics of the past because XYZ is set to explode by over 9,900% after the TGE and outshine its sensational predecessors. Get in the game early to secure your spot – currently undervalued, XYZ is going the distance to break new records! Rallying the community, securing the win XYZVerse will be the MVP in this bull run, giving the community the control to call the plays and steer the ecosystem’s direction. Active contributors will receive airdropped XYZ tokens as a reward for their dedication. With rock-solid tokenomics and plans for both CEX/DEX listings, XYZ is positioned for a championship run, ensuring a steady revenue flow and consistent token burns to keep the scoreboard in favor of a strong price and a thriving community. >>The XYZ presale is live – don’t miss out on this knockout 99,900% opportunity!<< Filecoin (FIL) Filecoin (FIL) has shown notable price movements recently. In the past week, its price surged by 24.02%, and over the month, it increased by 18.02%. However, over the last six months, the price declined by 26.96%. This pattern indicates recent positive momentum but also reflects earlier losses. These gains suggest potential for further growth. The Relative Strength Index stands at 57.26, indicating the coin is not yet overbought. The Stochastic oscillator is high at 91.96, suggesting a possible short-term correction. The MACD is slightly negative at -0.0273, hinting at bearish momentum. Based on these indicators, the price might consolidate before rising further. Currently, Filecoin trades between $3.50 and $4.73. The nearest resistance is at $5.19. If it breaks this level, the price could reach $6.42, which would be an increase of around 36% from $4.73. The nearest support is at $2.73; dropping to this level would be a decrease of about 42%. The 10-day and 100-day simple moving averages are $4.05 and $4.19, showing the price is close to its averages. This may indicate the market is awaiting a catalyst for a significant move. Stacks (STX) Stacks (STX) has seen significant price movement recently. Over the past week, its price surged by 32.52%, showing strong upward momentum. In the past month, it increased by 16.30%, indicating sustained growth. Even over the past six months, STX posted a gain of 1.70%. This upward trend suggests growing interest and confidence among investors. The current price of STX ranges between $1.53 and $1.99. The nearest resistance level is at $2.16. If the coin breaks through this point, it could target the second resistance level at $2.61, which would be an increase of about 31% from the current upper range. On the downside, the nearest support level is at $1.25. A drop to this level would mean a decrease of around 18% from the current lower range. The second support sits at $0.7909, representing a more significant decline if the market turns bearish. Technical indicators show mixed signals. The Relative Strength Index (RSI) stands at 58.00, suggesting that STX is approaching overbought territory but hasn’t reached it yet. The Stochastic indicator is high at 92.59, indicating that the coin may be overbought and could face a price correction soon. The MACD level is slightly negative at -0.009806, which could signal a potential shift in momentum. With the 10-day and 100-day Simple Moving Averages close at $1.94 and $1.93 respectively, STX seems to be consolidating. Investors are watching to see if it can maintain its momentum and break through resistance levels in the coming days. Solana (SOL) SOL has grown significantly lately. Its price increased nearly 30% in the past week and almost 47% over the past month. Over six months, it rose about 36%. This recent upward trend is drawing attention from investors. Currently, Solana trades between $171.70 and $231.97. It is approaching the resistance level at $253. If it goes above this point, it could reach the next resistance at $314, which is over a 35% increase from current levels. The support levels are at $133.24 and $72.98, which may prevent large price drops. Technical indicators show that Solana’s price may keep climbing. The RSI is 63.23, suggesting more room to grow before it’s overbought. The Stochastic is high at 94.94, pointing to strong buying interest. The 10-day and 100-day moving averages are both around $210, which supports the upward trend. The MACD level is 0.5497, which is positive. Based on this data, Solana could continue to rise and may go past its resistance levels soon. Pepe (PEPE) Pepe (PEPE) has been on a remarkable upward trend recently. Over the past week, its price surged by 123.89%. Looking back over a month, it climbed 98.20%, and over six months, it’s up by 91.48%. This consistent growth shows that PEPE is gaining traction and interest among investors. Currently, PEPE’s price ranges between $0.0000090343 and $0.00001431. It’s approaching its nearest resistance level at $0.00001629. If it breaks through this point, the next target could be the second resistance at $0.00002157. On the downside, the nearest support level is at $0.000005738, which might act as a safety net if the price dips. Technical indicators suggest positive momentum. The 10-day Simple Moving Average is $0.00001538, higher than the 100-day average of $0.00001276, indicating a short-term upward trend. The Relative Strength Index (RSI) is at 83.56, and the Stochastic is 86.79, both in the overbought territory. The MACD level of 0.000001239 also supports the bullish outlook. However, these high indicators could hint at a potential correction ahead. Conclusion FIL, STX, SOL, and PEPE are promising, but XYZVerse (XYZ) stands out, merging sports and memes with a community-driven platform aiming for massive growth and long-term success. 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.

CZ and Arthur Hayes were spotted together at a small Binance event. Hayes, who has dealt with heavy regulatory action, voiced support for CZ, criticizing how crypto leaders are treated. How Could This Meeting Shape the Future of Crypto? Two major figures in the crypto world, Changpeng Zhao (CZ) from Binance and Arthur Hayes from BitMEX, met to talk about the future of cryptocurrency at the Binance event. Both have played big roles in shaping the industry and faced their battles with regulators. Despite these challenges, CZ and Hayes are dedicated to strengthening and innovating the crypto world. Their meeting likely covered important topics, including how regulations affect the crypto industry and ideas for its future. Hayes has spoken out against what he sees as unfair treatment of crypto companies compared to traditional banks, which often face much smaller penalties for similar issues. Hayes recently defended CZ, saying that crypto companies are unfairly targeted while traditional banks get easier treatment. Decentralization and Regulation Hayes also highlighted the importance of decentralization in crypto, encouraging people to take control of their assets by holding their private keys. He believes true crypto means that individuals, not big companies, control their assets, aligning with Bitcoin’s original vision. This vision doesn’t fully align with CZ’s centralized platform, Binance, leading Hayes to question whether crypto leaders like CZ stay true to Bitcoin’s ideals. As we know, CZ, founder of Binance, also faced regulatory troubles. In 2024, U.S. authorities fined Binance $4.3 billion for not fully following anti-money laundering rules, and CZ was fined $50 million and spent four months in prison. Although he no longer manages Binance’s daily operations, CZ is still very involved in crypto and supports a decentralized financial system. Arthur Hayes made his mark by allowing high risk trading on BitMEX, where users could trade with huge leverage (up to 100x), which meant large potential profits or losses. This attracted attention from regulators, and in 2020, he was charged with breaking anti-money laundering laws. By 2022, Hayes was sentenced to six months of house arrest, leading him to step back from trading and focus more on writing and investing. Despite some disagreements, Hayes is optimistic about Bitcoin’s potential. He recently suggested that Bitcoin could reach $1 million if inflation rises and people turn to Bitcoin to protect their wealth. For Hayes, Bitcoin’s limited supply makes it a safe alternative to traditional currencies, which can lose value over time. This meeting between CZ and Hayes shows their commitment to the future of cryptocurrency, even as they face challenges. Their ideas and influence will help the crypto industry move forward.

Binance Launchpool is set to launch the USUAL token as its 61st project. The token’s pre-market time will open on November 19. Binance Launchpool has scheduled the launch of USUAL, the governance token of Usual, a decentralized fiat stablecoin issuer, for November 19. This project marks the 61st listing on the Launchpool. As per the official post, Binance will initiate pre-market trading for the USUAL token starting on next Monday, with the USUAL/USDT trading pair. Specific details on the end of the pre-market phase and the official spot listing will be announced closer to the date. Notably, the farming window opens on Friday, four days prior to the token generation event (TGE). To earn and claim USUAL tokens, users will have to stake Binance Coin (BNB) and First Digital USD (FDUSD) over these 4 days. Initially, over 12.37% of the total supply — 494.6 million USUAL tokens — will be released into circulation. While 7.5% of the supply (300 million USUAL) is allocated for rewards. Upcoming USUAL Token Launch: Key Info Notably, the token’s farming window opens on Friday, four days prior to the token generation event (TGE). To earn USUAL, users must be staking Binance Coin (BNB) and First Digital USD (FDUSD) over these 4 days. On the other hand, Usual has been running the ‘Pills Campaign’ exclusively for airdrop and listing. This campaign concludes at the end of the month and rewards its farmers with 8.5% of the allocated supply. According to the update, 99% of users will be able to claim their airdrop on the debut day. Besides USUAL, the project’s ecosystem comprises USD0 and USD0++. Firstly, USD0 is a decentralized fiat stablecoin, launched in February 2024. Secondly, USD0 Liquid Bonds (USD0++) is a 4-year DeFi T-Bill (treasury bill) Highlighted Crypto News Today Is a Memecoin Supercycle About to Hit the Crypto Market?

Willemstad, Curaçao, Netherlands, November 14th, 2024, Chainwire Leading crypto sportsbook Cloudbet reports a stark divide among bettors ahead of the highly anticipated Mike Tyson vs. Jake Paul boxing match, set for November 15th at AT&T Stadium in Arlington, Texas. While nostalgia is driving many to back the legendary Tyson, who officially retired from competitive fighting in 2005, others are strategically hedging their bets on the younger Paul, currently the favorite at 1.41 odds. Although Paul has the edge according to oddsmakers, Tyson is seeing significant support from bettors willing to take a risk – placing bets as high as 4.02 odds to win ‘Cloudbet Opinion’, a barometer of real-time bets placed on the platform, shows more bettors have pegged Tyson to win. Betting on the fight is typical in many ways: some bettors spread their wagers across multiple outcomes to boost their chances of a return, and others build multi-sport parlays to increase potential payouts. This matchup has attracted bettors who usually focus on other sports. The recent surge in the price of Bitcoin, which surpassed $90,000 on Wednesday, has coincided with an increase in betting activity for the upcoming boxing match. About Cloudbet Founded in 2013, Cloudbet is the longest-running crypto-betting platform in the world. It has processed millions of bets across its sportsbook and casino platforms, serving hundreds of thousands of users globally. As a licensed operator, Cloudbet maintains institutional-grade custody solutions and a decade-long track record of zero security breaches. Players can bet using 35+ cryptocurrencies, from Bitcoin and Ethereum to stablecoins and emerging altcoins. Available in 18 languages, Cloudbet features live sports betting across major leagues, esports, and 3,000+ casino games from premier providers. For media inquiries, odds requests, and further information, users can visit media.cloudbet.com. Contact Irene Halcyon Super Holdings B.V. [email protected]

Bitcoin set a new all-time high yesterday, reaching $93,483, continuing its impressive rally without significant setbacks. Over the past nine days, the crypto leader has surged with minimal dips, not falling more than 5% during this bullish phase. This relentless price action has drawn widespread attention as Bitcoin defies expectations and resists any notable pullback. Key data from CryptoQuant reveals that traders’ unrealized profit margins are climbing, indicating that the market may be nearing a short-term peak. High unrealized profit levels typically signal that a correction could be on the horizon as investors look to secure gains. However, given the current strength of Bitcoin’s price action, the timing and scale of any correction remain uncertain. With Bitcoin’s price momentum showing few signs of slowing down, the coming days will be crucial in determining whether the market can sustain these levels or if a healthy retrace is in store. Investors are closely watching for potential entry points and key support levels, knowing that even minor dips could trigger strong buying interest as Bitcoin’s bullish phase persists. Bitcoin Strong Move About To Pause? Bitcoin’s price action has been remarkable, surging 38% since the U.S. election and capturing widespread attention with its unrelenting bullish momentum. However, this aggressive rally may be approaching a temporary pause, as data hints at a potential correction. CryptoQuant’s head of research, Julio Moreno, recently shared a compelling chart highlighting Bitcoin traders’ unrealized profit margins, which have reached 47% — a level that has often preceded price pullbacks. High unrealized profit margins can indicate that traders are sitting on significant gains, raising the likelihood of profit-taking that could trigger a market cooldown. Moreno’s analysis notes that this metric tends to correlate with a heightened risk of a correction when it surpasses certain thresholds. For instance, prior peaks in March reached 69%, while December 2023 saw unrealized profits hit 48%, both instances that led to notable corrections shortly after. Still, the current 47% level suggests that, while caution may be warranted, Bitcoin’s bullish phase still has room to run. Past cycles demonstrate that the market has tolerated even higher unrealized profits before reversing. The data implies that while a pullback may be on the horizon, Bitcoin could continue its upward trend a bit longer before any significant cooling occurs. In the coming days, investors will be watching closely for any signs of a consolidation phase or a potential retracement. Should Bitcoin maintain strong support levels, continuing this bull run remains plausible. However, if profit-taking intensifies, a correction could provide a healthy reset for Bitcoin to gather momentum for future gains. BTC Breaking ATH Almost Every Day Bitcoin has shattered its all-time high seven times over the past eight days, fueling a highly bullish sentiment across the market. Currently trading at $90,620 after peaking at $93,483, Bitcoin’s price action remains strong, signaling sustained buying momentum. This surge has set a notably optimistic tone, but a brief correction period could provide a necessary reset after such an extended upward push. Given the high buying pressure, a short-term pullback to establish a new market equilibrium would be a healthy development. This could allow Bitcoin to test lower demand levels and establish stronger support areas for its next leg up. If profit-taking intensifies in the near term, BTC could revisit the $85,000 mark as it seeks to stabilize. In the coming days, investors will likely watch for this potential consolidation phase to gauge Bitcoin’s resilience. A successful retest of support around $85,000 would reaffirm confidence in the ongoing bull market, providing a stronger foundation for Bitcoin to push toward even higher levels. Overall, while the trend remains bullish, a balanced correction may be just what the market needs to maintain its momentum over the long term. Featured image from Dall-E, chart from TradingView

MOG trades at $0.000002408, with a 39% spike. The daily trading volume has increased by over 354%. The crypto market witnessed a remarkable surge in meme coins. The meme market cap has reached $125 billion, marking an 8% surge in the last 24 hours. The major meme coins led the charge among the gainers list. Market analysts forecast the meme coin rally with the asset’s gain in the double digits. Notably, with a market cap of $930 million, the Mog Coin (MOG) price rallied over 39.50% in the last 24 hours. The meme coin is currently trading at $0.000002408 and is preparing for a potential breakout. The daily trading volume has reached $163 million. With an intraday trading at $0.000002559 from the opening price of $0.00000172, the asset initiated a breakout surge. On the weekly chart, MOG’s price has formed a series of highs and lows, and the price has increased by over 22.20%. However, the asset began to trade at $0.000001977 and continued its upside momentum to date. Will the Bullish Trend of MOG Persist? The current market sentiment of MOG is in the neutral zone and might enter the overbought territory as the daily relative strength index (RSI) is positioned at 68. Besides, the daily frame of the asset discloses the short-term 9-day moving average over the long-term 21-day moving average. In addition, the four-hour price chart of MOG hints at the upside correction. If the ongoing positive momentum continues, the asset might visit the $0.000002627 mark. Further gains might potentially enable MOG to climb higher. On the flip side, if the market sentiment of the meme coin shifts from bullish to bearish, MOG’s price may lose its recent gains and fall toward $0.000002229. A consistent downturn might further depress the meme coin’s price. Analyzing the technical indicators of the MOG, exposed the bullish sentiment as the Moving Average Convergence Divergence (MACD) line aligned above the signal line. This highlights the incoming positive trend in the market. MOG chart (Source: TradingView) Moreover, the Chaikin Money Flow (CMF) indicator is positioned at 0.01, suggesting a regular money flow, if it ascends, the possibility of further upside correction and demand is suggested. Meanwhile, MOG’s daily trading volume has increased by over 354%. Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing. Highlighted Crypto News Can the UK Outpace the US in the Pro-Crypto Regulation Race?

Rexas Finance (RXS) is making waves in the crypto market as it sets its sights on joining the top 10 by market capitalization, challenging established giants like Dogecoin (DOGE) and Ripple (XRP). With innovative solutions focusing on tokenizing real-world assets and offering unique DeFi functionalities, RXS is capturing the attention of investors seeking high-growth altcoins. Positioned as a rising project, its strategic roadmap and recent traction underscore its potential to disrupt the current standings and achieve significant gains by 2025. Stay tuned as RXS continues to challenge the status quo and gain momentum in the crypto space. Rexas Finance (RXS) Eyes a Spot in the Top 10 Market Rankings Rexas Finance is a blockchain-based project that explores the revolutionary potential of tokenization of real-world assets (RWA). As asset management and digital finance go through significant shifts, Rexas Finance will act as a trailblazing project developed to simplify crypto management and creation, especially real-world assets. Moreover, asset tokenization involves shifting rights to a crypto asset, enhancing any asset to be indicated and traded digitally. More so, the innovation enhances asset liquidity, transparency, and accessibility. All in all, tokenization provides many benefits: it increases liquidity by enabling illiquid assets such as real estate or art to be separated into smaller units, it reduces disturbances like geographic location, and also it enables transparency and security. Key Features of Rexas Finance Rexas Token Builder: Crypto users can tokenize their assets easily through Rexas Token Builder. Moreover, it easily eliminates the complexity of coding in the blockchain industry, enabling users to launch tokens in just a minute. Rexas Launchpad: Users can begin the token funding using Rexas Launchpad. More so, the decentralized launchpad could offer a transparent and secure ecosystem for token sales on many blockchain networks. Rexas Estate: Users can now invest in real estate with the help of Rexas Finance (RXS). This platform helps crypto users worldwide own real-world properties and earn passive income through stablecoins. Furthermore, the presale of RXS tokens began on September 8, 2024, with a total supply of 1 billion tokens. As of now, Rexas Finance has already raised over $6.2M with 80% of fifth presale stage has been sold out. Rexas Finance (RXS) has been listed on CoinMarketCap and CoinGecko. Moreover, Rexas Finance will soon be listed on top 3 tier 1 exchanges. Rexas Finance’s security is validated by a rigorous audit conducted by Certik. Rexas Finance’s $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. All in all, the Rexas Finance project has not reached any Venture Capital for funds, instead, the project initiated a presale to raise funds, enabling opportunities for all crypto users all across the world. About Rexas Finance (RXS) Rexas Finance is the user’s gateway to the future of asset management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to commodities and intellectual property worldwide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

Peanut the Squirrel (PNUT) saw a 40% increase and hit an all-time high at $2.47. Since its launch in early November, PNUT has skyrocketed by over 3480%, reflecting its rapid rise in value and popularity. The global crypto market is buzzing with the rapid rise of a new memecoin, Peanut the Squirrel (PNUT), which has surged by more than 490.70% in a single day. Today, the Solana-based memecoin PNUT reached a new all-time high of $2.47 from a low of $0.4181, which was recorded on Nov 13. Memecoins Rankings (Source: CMC) This dramatic rise has pushed its market cap to $1.88 billion, overtaking Popcat (SOL) and Brett (Based) to secure the 56th spot in the crypto rankings. Further, the 24-hour trading volume for PNUT skyrocketed to $5.16 billion, an increase of over 85%. While the broader crypto market is experiencing a bull run fueled by the Donald Trump victory and Bitcoin’s $93K entry, PNUT’s story is one to watch. But what’s behind this sudden rise? The story begins with a viral tweet from Elon Musk, who posted that, “America was saved by a squirrel and a meme coin.” His endorsement quickly caught fire, sparking massive interest in the token. Musk’s involvement with memecoins is no secret, as his tweets have previously fueled the growth of tokens like Dogecoin (DOGE). PNUT also owes its rapid rise to a unique backstory. The coin was created in response to an incident where New York officials euthanized a pet squirrel named Peanut. The heartbreaking story sparked outrage, and figures like Musk voiced their dismay, generating a wave of support for the token. PNUT Memecoin Holds Strong Above $1.8 After 40% Surge Things took a further turn for the better when Binance listed PNUT, boosting its legitimacy. With this milestone, it now ranks as the third-largest Solana-based memecoin, trailing dogwifhat (WIF) and Bonk (BONK). Since its launch in early November, PNUT has climbed by over 3480%, highlighting its rapid growth in value and popularity. By the time of writing, the PNUT price was adjusted to $1.94 but still holding its foot strong above $1.80. Additionally, memecoin’s 24-hour surge of 40% makes it the largest daily gainer in the market. Peanut the Squirrel (PNUT) Price Chart (Source: TradingView) On the technical side, PNUT’s RSI has hit 80.30, signaling that the asset is in an overbought zone and suggesting that a correction may be coming soon. Still, with strong buying pressure reflected in the Chaikin Money Flow, the momentum doesn’t seem to be slowing down anytime soon. Moreover, PNUT’s rapid rise has made it one of the fastest-growing memecoins, joining the ranks of PEPE and WIF. Highlighted Crypto News Today Crypto.com Acquires Fintek Securities to Expand Financial Services

The regulated marketplace for trading digital securities and tokenized real-world assets, INX Digital Company, Inc. (Cboe CA: INXD, OTCQB: INXDF, INXATS: INX) (“INX”), is excited to announce that Furahaa Group (FURA) tokens will be listed on its platform on November 20, 2024, at 12 PM GMT+2. With this listing, the company is expanding into tokenized investments, which link global investors with meaningful, real-world businesses. Now accessible on INX’s blockchain-enabled platform, Furahaa Group is a pioneer in the distribution of vegan and plant-based fast food, offering inclusive, safe, and accessible opportunities for investment. With franchise models like Furahaa Express growing across Europe and the United States with each branch generating €1.2 million yearly, Furahaa has had tremendous growth in the plant-based sector since its foundation in 2015. Furahaa’s competitive pricing and excellent margins make it an attractive investment via the FURA token on INX, combining financial potential with significant change, especially since the vegan industry is expected to reach $40.3 billion by 2030. Source: ProVeg International & Bloomberg Intelligence. By trading with new participants, investors may increase or modify their shares in Furahaa Group thanks to the FURA security token’s listing on the INX platform. As digital assets, FURA tokens enable fractional ownership, making Furahaa’s mission-driven company accessible to a larger, varied investor base. On the blockchain, each token—which stands for a portion of Furahaa’s equity—can be exchanged, providing investors with flexibility and liquidity. Investors benefit from a reliable platform that blends conventional financial safeguards with the cutting-edge benefits of blockchain by using INX’s safe, regulated, and internationally accessible infrastructure. This listing presents a unique chance to promote both financial and social impact. Arthur Devillers, founder of Furahaa Group stated: The next generation of investment prospects is brought about by INX’s platform, which gives businesses like Furahaa a competitive edge over traditional stock markets. The FURA listing demonstrates INX’s dedication to democratizing finance by using blockchain’s unique capabilities to provide accessibility, ease, and transparency. Token holders may use crypto to finance transactions outside of regular market hours, providing investors with a creative and efficient option to support projects that share their values. By using Ethereum’s well-established infrastructure and extensive network support, the FURA token—which is issued on the Ethereum blockchain as an ERC-1404 token—offers security and accessibility to all investors, increasing the allure of this progressive investment. Shy Datika, CEO of INX, commented: