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The Dogecoin price recently surged 20% after President-elect Donald Trump announced the formation of a new Department of Government Efficiency (DOGE) to be led by Elon Musk and Vivek Ramaswamy. Interestingly, Dogecoin is up by about 250% in the past 30 days, far outpacing that of Bitcoin’s 40% increase in the same timeframe. This Dogecoin price overperformance against the Bitcoin price has seen the DOGE/BTC pair breaking above a descending trendline. Notably, crypto analyst KALEO forecasts substantial gains for Dogecoin against Bitcoin, noting a significant breakout in the DOGE/BTC pair. Analyst Says A 175% Dogecoin Price Surge May Be On The Horizon Crypto analyst KALEO highlighted a promising outlook for the Dogecoin price with his recent analysis of the DOGE/BTC trading pair. According to the price chart shared by the analyst, the Dogecoin/Bitcoin pair has been trending downwards since the first half of 2021. This downward path has been full of lower highs and lower lows, leading to the creation of a channel downtrend on a higher timeframe (HTF). However, the recent performance saw the pair break out of the upper trendline. Interestingly, the last time this happened was in early 2021, just before the crazy 175% rally that sent the Dogecoin price surging to the current all-time high of $0.7316. He pointed out that the current Dogecoin price movement reflects similar momentum, suggesting another rapid 175% rise could be imminent. KALEO emphasized that recent market conditions, Dogecoin’s resilience, and growing interest stemming from Donald Trump and Elon Musk’s DOGE’s department have contributed to a favorable setup for a potential rally. “With the way the market has moved recently, and how much strength Dogecoin has shown after Trump was elected and Elon starting to push again, I wouldn’t be surprised to see something similar here,” he commented. Dogecoin Accumulation Points To A Continued Price Surge Aside from the technical analysis of the Dogecoin price breakout above Bitcoin, KALEO also points out an interesting accumulation trend in the last 48 hours after the breakout. As it stands, the DOGE/BTC pair seems to be taking a breather and is now consolidating within a range. He noted that the current accumulation phase is taking place just above the higher timeframe resistance level, setting a strong foundation for Dogecoin’s next bullish move. This accumulation trend has served as a launchpad in past rallies, and this could also repeat itself soon. The broader crypto market landscape also supports KALEO’s bullish prediction for Dogecoin against Bitcoin. Not only is Dogecoin set to keep outperforming Dogecoin, the projected Dogecoin rally is going to be more pronounced considering the Bitcoin price is also projected to keep climbing. At the time of writing, Dogecoin is trading at $0.401, while Bitcoin is trading at $90,800.
 
Crypto.com acquires Fintek Securities, a brokerage regulated by ASIC. CEO Kris Marszalek aims to create an all-in-one financial platform. Crypto.com has announced the acquisition of Fintek Securities Pty Ltd., a brokerage service regulated by the Australian Securities and Investments Commission (ASIC). This acquisition, revealed on November 14, 2024, allows Crypto.com to offer a wider range of financial services to eligible users in Australia. With this acquisition, Crypto.com gains the ability to offer a wider range of financial products to eligible customers in Australia. These products include deposit products, derivatives, securities, foreign exchange, and managed investment schemes. Importantly, Crypto.com’s move into traditional financial services marks its second acquisition aimed at building a comprehensive brokerage operation. The company acquired Watchdog Capital, a U.S.-registered broker-dealer, to expand its offerings in the United States. Crypto.com Expands in Australia CEO Kris Marszalek explained that the acquisition supports Crypto.com’s goal of becoming a comprehensive financial services platform. By integrating both crypto and traditional finance, the company aims to simplify financial management for its users. Marszalek added that more details about the new services and product offerings will be shared in the coming weeks. Crypto.com has yet to specify the exact launch timeline or eligibility criteria for the new services in Australia. However, the company has indicated that the products will be available to eligible users. Further information on the eligibility requirements is expected in future announcements. This acquisition strengthens Crypto.com’s position in Australia and allows the company to operate under the regulatory oversight of ASIC. The move comes at a time when Australian regulators have been increasing scrutiny of financial service providers, emphasizing the importance of compliance with local regulations.For Australian users, this acquisition paves the way for access to new financial products and services in the near future. Crypto.com continues to focus on expanding its offerings globally, aiming to bridge the gap between cryptocurrency and traditional finance. As the company works towards launching these new services, users can expect to see further developments in 2025. Highlighted Crypto News Today Can the UK Outpace the US in the Pro-Crypto Regulation Race?
 
The Crypto.com family of firms will be able to provide qualified consumers with a wide variety of financial products. In the next weeks, further information on the introduction of these new services will be revealed. Fintek Securities Pty Ltd. (Fintek), a trading and brokerage firm with an Australian Financial Services Licence and regulated by the Australian Securities and Investments Commission, was acquired by Crypto.com today. The Crypto.com family of firms will be able to provide qualified consumers with a wide variety of financial products, including managed investment schemes, securities, foreign exchange, deposit products, derivatives, and more, thanks to this purchase. After previously acquiring SEC-registered Watchdog Capital, LLC, this purchase is the second by Crypto.com to provide conventional brokerage services via the Crypto.com family of firms. Kris Marszalek, CEO of Crypto.com stated: In the next weeks, further information on the introduction of these new services—which include securities and derivatives products for qualified Crypto.com customers—will be released. This news comes after many noteworthy recent achievements for Crypto.com, such as the release of the company’s 2025 product roadmap and Level Up, the biggest perks and rewards experience ever.
 
Cayman Islands, Cayman Islands, November 14th, 2024, Chainwire Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced a new investment in its native project token PROS by one of the leading cryptocurrency mining companies BIT Mining Limited (NYSE: BTCM). Prosper’s new strategic focus on Bitcoin mining and the broader Bitcoin ecosystem has been well-received by the community. As part of this strategic change, Prosper partners with prominent industry players to obtain various services and products to deliver institutional-grade execution in managing its mining hashrate. This investment from BIT Mining represents another significant validation of Prosper’s thesis by institutional backers. In addition to Prosper’s growing roster of top-tier industry partners and sophisticated financial investors (including a recently announced investment by Waterdrip Capital), Prosper’s value proposition also resonates with cryptocurrency mining companies that bring extensive experience in mining operations and a strong understanding of the ecosystem. This investment aligns with Prosper’s strategic direction and supports its new vision. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation, and mining machine manufacturing. The company is strategically creating long-term value across the industry with its cryptocurrency ecosystem. Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing. The company also owns 7-nanometer BTC chips and has strong capabilities in the development of LTC/DOGE miners and ETC miners. About Prosper Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through bridging institutional-grade Bitcoin mining power on-chain, and aims to fully unlock the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter). Contact Prosper [email protected]
 
Chainlink is considered as the industry’s gold standard when it comes to bringing off-chain data onto the blockchain. This trustworthy on-chain data is beneficial to projects that are currently using ORDER. In order to support the ORDER token, Orderly Network, a leading provider of cloud liquidity infrastructure, has announced that it has integrated with Chainlink Price Feeds on the Arbitrum mainnet. This connection will offer high-quality and secure market data straight to its ecosystem. Chainlink was chosen by Orderly Network, a leading supplier of cloud liquidity and perpetual DEX infrastructure, because of its unrivaled dependability and industry-standard infrastructure. Orderly Network processes daily trading volumes that surpass $84 million. Creating a strong basis for the usability of ORDER and contributing to the larger DeFi ecosystem on Arbitrum is the result of the integration with Chainlink Price Feeds, which gives access to premium market data in a way that is both easy and safe. This trustworthy on-chain data is beneficial to projects that are currently using ORDER, such as Beefy Finance, Jones DAO, and Silo Finance. Additionally, it enables sustainable growth and encourages the creation of new decentralized applications. Chainlink is generally considered to be the industry’s gold standard when it comes to the process of bringing off-chain data onto the blockchain. Because it has secured some of the most prominent names in the decentralized finance industry, its decentralized oracle network has garnered an outstanding reputation. The Chainlink Price Feeds are built to withstand challenging conditions, guaranteeing that the data they provide is accurate and reliable even during times of heavy demand. Data of the Highest Quality: The oracles of Chainlink collect information from the most reliable sources, so guaranteeing that we are provided with the most precise market pricing. Reliable Nodes: Chainlink’s network is made up of security-tested, independent nodes that are managed by top-tier teams. This ensures that the network remains reliable even when it is experiencing congestion. Decentralized Infrastructure: Chainlink helps us build a more secure trading environment by removing the possibility of a single point of failure. Transparent Performance: This means that we, along with our users, are able to quickly verify the data that is feeding our ecosystem thanks to real-time monitoring tools. An ecosystem for unified trading that is geared for scalability is something that Orderly Network is dedicated to developing. Through the use of its orderbook-based infrastructure, it is possible to engage in frictionless perpetual futures trading. This is accomplished by combining liquidity from both EVM and non-EVM chains into a unified orderbook. By using its white-label decentralized exchange (DEX) infrastructure, Orderly Network is providing developers with the ability to build on top of its liquidity while simultaneously concentrating on providing unique trading experiences for users. This ambition is directly supported by the integration with Chainlink Price Feeds, which ensures that all projects that use ORDER have access to data that can be relied upon. In order to supply high-quality market data with little risk, a strong oracle network was required. This is due to the fact that blockchains are fundamentally isolated from data that is collected in the real world. This need is satisfied by Chainlink, which enables Orderly Network to reliably increase its footprint inside the Arbitrum DeFi ecosystem.
 
The UK government will announce its plan to regulate the crypto industry. The UK treasury plans to focus on stablecoins and staking services. The UK government is to unveil its plans for cryptocurrency regulation in response to the fast-evolving industry. Following the victory of Donald Trump in the US presidential election, hailed by the crypto space, the UK faces increased pressure to provide clarity and supportive regulations for digital assets. The UK Treasury is planning to address two areas of legislation in the cryptocurrency sector, stablecoins and staking services. The government’s focus on stablecoins will enable the Financial Conduct Authority (FCA) to review the industry rules for these tokens. Meanwhile, staking allows investors to lock tokens for rewards to support blockchain networks. The legislation aims to reclassify staking to avoid rigid regulations meant for collective investment schemes. On the other side, the UK’s digital securities sandbox, a joint initiative run by the Bank of England and FCA, is another area of focus. This live environment allows blockchain and crypto projects to test their ideas under regulatory supervision. This sandbox, with the upcoming regulations, will provide clarity to crypto companies in the UK and strengthen the country’s position in digital finance. Besides, the FCA is scheduled to release a roadmap, that details its phased approach towards regulating stablecoins and other crypto assets. Also, the FCA will likely publish a consultation paper on stablecoins in early 2025. Laura Navaratnam, UK policy lead at the Crypto Council for Innovation, underlined the importance of quick action, that the UK has a second-mover advantage, but must mobilize to capitalize on this opportunity. The Impact of Trump’s Victory Donald Trump’s win has had an impact on the crypto market, with the largest asset, Bitcoin surging past $93K. Other major assets have also climbed to new highs. Trump has pledged to establish a government-backed Bitcoin reserve, replace the SEC Chairman, and ensure all future Bitcoin mining happens on US soil. Moreover, many crypto investors were optimistic about Trump’s alliance with Elon Musk. On election night, the dog-themed, Musk-preferred meme coin, Dogecoin surged by around 25%. Highlighting Crypto News Can Ethereum (ETH) Price Reclaim $3.5K Soon?
 
Rexas Finance (RXS), the rising Solana (SOL) competitor, is capturing attention as it approaches the $0.10 milestone. Analysts predict an astonishing surge, with potential gains reaching 11,350%, catapulting RXS beyond the $10 mark. This ambitious forecast positions RXS as a powerful contender in the crypto space, rivaling established players with its innovative approach to tokenizing real-world assets. The momentum behind RXS’s current presale success and strong community backing underscores the rapid timeline for this exponential growth, fueling investor anticipation and solidifying its reputation as a must-watch altcoin for 2025. Rexas Finance (RXS) Rexas Finance is a blockchain-based project that explores the revolutionary potential of real-world assets (RWA) tokenization. As asset management and digital finance go through significant shifts, Rexas Finance will act as a trailblazing project developed to make crypto management and creation simple, 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. 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. 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 $6M, and 75% of the fifth stage of the presale has been sold out. 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.
 
The Dogecoin price has put in a sensational performance since November 4th. In the past 10 days, Dogecoin has risen by an incredible 170%, with no major correction to date. After reaching its highest level since May 2021 at $0.4385 on Tuesday, the DOGE price was trading at just under $0.40 at the time of writing. Buy Dogecoin Now Or Wait? Crypto analyst Kevin (@Kev_Capital_TA), who recently gained significant attention on X (formerly Twitter) for his Dogecoin price analysis, has posted a series of updates addressing the question on whether investors should buy Dogecoin now or wait for a potential market correction. Kevin revealed that he has started taking profits from his Dogecoin holdings due to recent price appreciations. “I sold an additional 3% of my Dogecoin bag at $0.39,” he stated. “That makes for a total of 8% of my entire DOGE bag sold. I have 92% of my bag remaining.” He outlined a systematic approach to profit-taking as the price climbs, with specific targets in mind. “My next planned take profit area will be previous all-time highs, then $1 if we get there. My goal is to have 25% of entire bag sold by the time we get to $1, then we ride from there and play it as it goes.” Despite the bullish momentum, Kevin warns of an impending market correction that could impact Dogecoin significantly. “The correction that is inevitably coming is going to melt so many weak hands away; it’s gonna be wild to see,” he cautioned. He observed that while many altcoins have already undergone corrections—some by as much as 20-25%—Dogecoin has been an exception. “Basically all altcoins are getting the correction I called for besides Dogecoin,” he noted. Kevin’s analysis centers on a key technical indicator, the Relative Strength Index (RSI), which measures the speed and change of price movements. A high RSI indicates overbought conditions, suggesting a potential price reversal. “Still keeping a close eye on Dogecoin for a sharper drop,” he commented. “Based off history and the current technicals, it still heavily supports a correction to cool off indicators before heading higher.” He pointed out that Dogecoin’s daily RSI has reached alarming levels. “Daily RSI just tapped 94 again and the 0.786 FIB [Fibonacci retracement level]. I think this is the likely scenario in the short term,” Kevin explained. “That RSI needs to cool off badly.” Kevin predicts a short-term price decline for Dogecoin before a resurgence. “I think Dogecoin will go back to $0.26–$0.28 and then reload to come back up and break ATHs [all-time highs],” he stated. While acknowledging that a surge in Bitcoin’s price could temporarily boost Dogecoin, he remains cautious. “If BTC taps $94K–$95K in the short term, it will drag DOGE higher, but I still think we get a bigger correction before heading higher,” Kevin asserted. Despite short-term concerns, Kevin maintains a positive long-term outlook for Dogecoin. “The Dogecoin monthly RSI is currently at 74, which is full bull market territory,” he highlighted. “The Monthly RSI tops out in DOGE bull markets anywhere from 88–98. We got a long way to go, folks.” He also cautioned against unrealistic price predictions propagated by some influencers. “If your Twitter #Crypto Guru is telling you #Dogecoin is going to $28, I urge you to unfollow them. It’s pure clickbait and is literally close to impossible,” Kevin warned. “Ask them what the market cap would be at that price level and see how they react. […] They don’t care about you; they want you as exit liquidity.” At press time, DOGE traded at $0.40.
 
Meme tokens surge sharply, intensifying the anticipation of ‘memecoin supercycle.’ The recent top meme rallies are attributed to crypto exchanges listing memecoins like HIPPO, BONK, PEPE, and WIF. Bitcoin created a new high closer to the $100K target — $93.4K — in the last 24-hour window. Parallel to this, a pack of memecoins dominates the top crypto gainers with their impressive price rallies and hints at the potential memecoin supercycle. Trending players like PEPE, POPCAT, and HIPPO mark their new all-time high (ATH). Memecoins among Top 24H Crypto Gainers (Source: CoinMarketCap) The tweets or opinions from the following figures — “DOGE father” Elon Musk memecoin analyst “Murad” Mahmudov and crypto influencer Zion Thomas aka “Ansem” — have been recognized as key factors driving the meme market uptrend. This recent surge in meme rallies can be attributed to memecoin listings on crypto exchanges like Binance and Coinbase. Memecoin Listings in the Last 24H and Their Impact In the last 24 hours, four memecoin listings have been announced, with Binance becoming the focal point for the meme community. Once a memecoin is listed on this major exchange, it typically experiences a surge in attention and trading activity. Sui-based memecoin Sudeng (HIPPO) saw this boost following its listing announcement on Wednesday. HIPPO price surged 122.4%, reaching an all-time high (ATH) of $0.02509 from a low of $0.01128. Meanwhile, crypto exchange Coinbase and trading platform Robinhood both listed the popular frog-themed memecoin PEPE, triggering a 96% rally. PEPE spiked from a low of $0.00001285 to an ATH of $0.00002524. Alongside PEPE, Coinbase also listed dogwifhat (WIF), another dog-themed meme token, which jumped 61.9% from $2.89 to a high of $4.68. Last week, Binance also listed two other memecoins — ACT (ACT I: The AI Prophecy) and PNUT (Peanut the Squirrel) — and the consequent price rallies captured the community’s attention. While Bybit listed GOAT (Goatseus Maximus), the popular pump.fun memecoin, which hit a $1 billion market cap. Will the Memecoin Supercycle Last? Amid the memecoin frenzy, one of the oldest cryptocurrencies, Litecoin (LTC), playfully tweeted on X, calling itself a memecoin. Dogecoin (DOGE) joined the conversation by encouraging the community to come up with a mascot. Memecoins continue to remain the hot talk of the crypto space, reflected in their strong social dominance. Generally, during a supercycle, memecoins experience explosive returns, with gains of 10x, 100x, or even more. The 2020–2021 crypto era saw the ‘biggest memecoin supercycle,’ during which multiple meme tokens skyrocketed to all-time highs (ATHs) that have yet to be surpassed. For instance, in 2021, Dogecoin spiked 18,833% to a high of $0.7376 in May from $0.03719 at the start of the year. Currently, DOGE is 45.8% below its ATH. In late October this year, Murad forecasted that 7–8 memecoins would lead this supercycle, with their market valuations rising to over $20 billion. The rest of the tokens, however, will likely not see such extreme bullish hikes. Over the past seven days, the memecoin market cap soared 77% to claim a cap of $121.23 billion. Notably, the following tokens exhibited the max weekly returns: ACT (3003.7%), PNUT (1526.3%), HIPPO (236.01%), DEGEN (138.36%), PEPE (123.8%) and DOGE (111.35%). Memecoin Market Cap The current trajectory appears bullish, exuding the aura of greed. However, the path ahead is seemingly highly volatile. Traders and investors are advised to calculate and practice caution while investing in memecoins. Disclaimer: The article is only for informational purposes only. It does not represent any investment or financial advice. TheNewsCrypto team encourages all readers to do their own research before investing. Highlighted Crypto News Today Is Bitcoin Set for a Pullback After Reaching All-Time High at $93K?
 
Solana (SOL) rose 7.02% to $222.02, reflecting a broader market rally. DEX volume set a new record, surpassing $5 billion. The global crypto market cap has surged to $3.01 trillion, reflecting a 4.04% daily increase. Total market volume stands at $302.64 billion, up 2.70%. Bitcoin (BTC) recently achieved a new all-time high of $93,434, and Ethereum (ETH) rallied past $3,300. Additionally, Solana’s decentralized exchange (DEX) trading volume has surpassed $5 billion daily for three consecutive days, a record milestone. Solana (SOL) is trading at $222.02, up 7.02% in the past 24 hours. Its trading volume has reached $11.05 billion, marking a 3.85% increase, while its market cap is now $104.79 billion with a market cap ratio of 10.53%. This rise comes amid broader crypto market gains. whale activity indicates increased interest in the Solana ecosystem. A prominent whale recently spent a total of 12,400 SOL ($2.7 million) to acquire two tokens: WIF and BONK. Specifically, the whale purchased 406,000 WIF at $3.87 per token, spending 7,200 SOL (equivalent to $1.57 million). The whale also bought 29.32 billion BONK tokens at $0.0000387, investing an additional 5,200 SOL ($1.13 million). Such large transactions reflect confidence in the Solana ecosystem and signal potential growth in token demand, especially for projects related to Solana. Is Solana’s Uptrend Set to Persist? Solana shows notable resistance at $228, with key support around $215. If SOL can break above the $228 resistance, it could signal a move toward the $240 level, inviting more buying interest. However, a drop below the $215 support could indicate potential downside pressure, with a possible decline toward the $200 mark. The Relative Strength Index (RSI) for Solana is currently at 56.35, while the average RSI stands at 61.87. This RSI reading suggests a neutral trend, indicating that buying and selling pressures are balanced. Since the RSI is neither in overbought nor oversold territory, it implies that Solana might sustain its current levels unless influenced by significant market changes. This stability in RSI is a sign of potential price consolidation before any decisive breakout or breakdown. Moving averages add further insight into Solana’s price movement. The 50-day moving average is currently positioned above the 200-day moving average, forming a bullish crossover that supports the ongoing upward trend. This crossover suggests long-term bullish momentum, with buyers showing sustained interest in Solana. Highlighted Crypto News Today Will Dogecoin Cool Down After Its 9th Consecutive Bullish Day?
 
Memecoin Meets Gaming: SOLCAT’s Pre-Launch Interactive Jungle Adventure Sets New Standards for Engagement In an exciting leap forward for memecoins, SOLCAT is set to make history as the first memecoin on Solana to debut with a fully live, interactive AAA game at pre-launch. Scheduled for November 18 at 1 PM EST, SOLCAT invites users to join a unique, immersive experience: an exclusive jungle-themed game where participants can collect coins, win prizes, and engage with the community before the token goes public. SOLCAT’s live game allows early adopters to step into a gamified world, collect rewards, and compete in a high-energy environment, redefining what it means to join a pre-launch. This innovative approach is designed to foster community, incentivize engagement, and build excitement as SOLCAT gears up to hit the market. Engagement Beyond Memes: Gameplay Rewards & Community Building SOLCAT goes beyond the standard memecoin strategy, focusing on creating genuine engagement through gameplay rather than relying solely on viral marketing. With a development team that includes veterans from the well-known game Heroes of MAVIA—a project with a fully diluted valuation exceeding $400 million—SOLCAT is designed to capture attention, keep players engaged, and reward early supporters in a truly unique way. Phase 2 Expansion and Exchange Listings for Broader Reach Following its presale and token generation event, SOLCAT has secured listings on major exchanges like MEXC and Bitmart, ensuring liquidity and accessibility for investors. The team has outlined a strategic development roadmap, with Phase 2 slated to include 1v1 and tournament-style gameplay that will deepen the game’s competitive aspect and offer more reward opportunities. SOLCAT also integrates seamlessly with Twitter to encourage organic community content, supporting continuous growth. A New Chapter for Memecoins: SOLCAT Sets Itself Apart SOLCAT aims to redefine the memecoin landscape, combining the viral appeal of past memecoin successes with a sustainable roadmap and genuine utility. This project is set to resonate with fans of previous viral hits like Popcat while pushing the envelope in community-driven engagement and development. Mark your calendar for November 18 at 1 PM EST. Join the presale, dive into the live game, and connect with the SOLCAT community on Telegram at t.me/solcatgame. This could be the next big wave in memecoins, and now’s your chance to be part of it from day one. About SOLCAT SOLCAT is an innovative project on the Solana blockchain, combining the world of memecoins with the excitement of live AAA gaming at pre-launch. With an experienced development team, strategic exchange partnerships, and a comprehensive roadmap, SOLCAT is committed to offering unique engagement opportunities, sustainable growth, and rewards for its community. Media Contact Mike Wiz Chief Meme Officer [email protected] 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.
 
Dogecoin maintains a 9-day bullish streak, climbing over 106% over a week and reaching an intraday high of $0.4316. Since Nov. 5, DOGE surged 175% from $0.1582 to a 3.5-year high of $0.4359, fueled by Trump’s election victory. Dogecoin (DOGE), the leading memecoin, is following Bitcoin’s footsteps, climbing higher for the 9th consecutive day. The flagship cryptocurrency, BTC, hit an all-time high of $93K, and Dogecoin is not far behind, posting impressive gains of over 6% in the last 24 hours. At the time of writing, DOGE is priced at $0.4026, a slight dip from its intraday high of $0.4316, but still comfortably sits above its crucial support level of $0.35. The unexpected rally in the Dogecoin began on November 5, on the day of the U.S. presidential election. At that time, DOGE was trading at $0.1582. A surge of market optimism, fueled by Donald Trump’s victory, sent shockwaves through the crypto market. Since then, Dogecoin has jumped over 175%, peaking at $0.4359 on November 12, breaking a 3.5 years consolidation phase. The price surge has been nothing short of spectacular, with Dogecoin surging over 432% this year alone and seeing a year-to-date increase of 347%. This growth is driven by a blend of factors, including the continued backing of high-profile supporters like Elon Musk, who remains a vocal champion of the coin. Miners’ Sell-Off Signals Pullback for Dogecoin In addition to price movements, bullish trading activity among miners has played a significant role in Dogecoin’s recent breakout. However, recent activity suggests the market may be cooling off, as miners have started selling after the euphoria peaked. Dogecoin miners increased their reserves by 400 million DOGE between October 25 and November 9, reaching a 7-month high of 6.04 billion DOGE. However, as the market continued to peak this week, miners began a major sell-off. As of November 12, their holdings dropped to 5.42 billion DOGE, reflecting a selloff of 620 million DOGE, worth around $240 million, in just three days. This large sell-off after a period of accumulation suggests a cautious outlook for Dogecoin. Technical indicators on the DOGE/USD daily chart also show signs of caution. The RSI at 72 shows that Elon Musk’s favorite crypto is in overbought territory, signaling that a correction or pullback may be imminent. Dogecoin (DOGE) Price Chart (Source: TradingView) Meanwhile, the CMF at 0.22 shows moderate buying pressure, indicating that while bulls remain in control, momentum may be weakening. However, with strong support levels and ongoing bullish sentiment, analysts remain hopeful that the memecoin could push past the $0.50 resistance—the more crucial level that has not been crossed for more than 3 years. Climbing higher to this level could lead to a breakout above $0.70, potentially reaching new all-time highs. Highlighted Crypto News Today Pepe Rallies 75% Hitting New ATH As AltSeason Takes Charge
 
BitFi, a leading crypto asset management platform, has reached a significant milestone in BTC staking, achieving an impressive 18.2% APY following Trump’s November 5 election win. This exceptional performance highlights BitFi’s advanced CeFi strategies, which seamlessly integrate rigorous risk control and yield optimization to leverage market volatility, providing substantial returns for its users. Driven by both strong performance and the bullish market momentum, BitFi has garnered considerable interest from institutional investors. The platform’s total value locked (TVL), including custodial assets, has surpassed 4,500 BTC, further solidifying its position as an innovative leader in the BTCFi space. Redefining Bitcoin’s Value: Real Yields Through Innovative CeFi and DeFi Strategies BitFi is revolutionizing Bitcoin staking by offering real, sustainable yields. By integrating advanced CeFi strategies with robust risk management, BitFi provides users with low-risk, consistent returns on their Bitcoin. As demand for secure, high-return opportunities grows, BitFi’s unique yield models and strategic approach are quickly making it the platform of choice for Bitcoin holders worldwide. Unlocking Bitcoin’s Full Potential with the CeDeFi Yield Model BitFi is redefining the role of Bitcoin—not just as a store of value, but as a core asset that generates steady, long-term returns through its innovative CeDeFi model. By combining the stability of CeFi with the diverse yield opportunities of DeFi, the platform offers users a balanced, secure solution that maximizes yield potential. In addition to its steady CeFi returns, BitFi users can expect to earn over 40% in annualized yields by participating in the platform’s DeFi products, benefiting from the dual rewards of staking Bitcoin. About BitFi BitFi is powered by a team of seasoned experts from both traditional finance and the crypto sector. The core team includes members from global leaders such as BlackRock and top-tier crypto exchanges. Backed by prominent venture capital firms like Fundamental Labs, CGV Capital, and IBC Group, BitFi is poised for continued growth and global expansion. Website:www.bitfi.one. Twitter: https://x.com/Bitfi_Org Media Contact: Jessie Yang Email: [email protected] 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.
 
Memecoin PEPE’s price has rallied by a significant 75% in the last 24 hours. The cryptocurrency hit a new all-time high in the last few hours ago. The cryptocurrency sector is $2 billion away from hitting the $3 trillion market cap milestone. Several factors have contributed to this bullish trend, primarily Bitcoin’s upward rally. The USA’s regulatory reforms are also another important contributing factor to the current bull run. Additionally, the beginning of the Altseason has propelled prices further upward. In light of the AltSeason, the memecoin sector has rallied with price breakouts in the past few days. Leading memecoins such as Dogecoin and Shiba Inu have recorded significant upward movements. Notably, frog-themed memecoin, PEPE has factored in 75.86% in a matter of a day. The memecoin 24 hours ago, traded at the $0.00001272 level after which it broke the $0.00002 resistance. The cryptocurrency rallied to a new ATH at $0.00002524 roughly 5 hours ago, surpassing its previous high of $0.00001718. At the time of writing, PEPE was trading at $0.00002256 as per CMC data. Moreover, PEPE has seen increased whale activity over the past week. According to Lookonchain reports, one particular whale with the address – “0x2da” sold 500 billion PEPE with a profit exceeding $45 million 4 hours ago. Previously, other whales have shown buying activity which is also indicated by the RSI standing at an overbought 88.77. How was PEPE’s Weekly Price Action? Zooming out, from its daily price chart, PEPE shows a 118.20% increase in the last 7 days. The memecoin has rallied from a low of $0.00001034 to current trading levels. Additionally, PEPE’s technical indicators suggest that the cryptocurrency is on an upward trend. PEPE/USDT Daily Price Chart (Source: TradingView) Its Chaikin Money Flow (CMF) value stands at 0.37 highlighting the incoming money flow and subsequently indicating the bullish trend. However, PEPE price has also exhibited increased volatility as prices have been fluctuating highly. The token’s RVI stands at 92.49 as per TradingView data. Meanwhile, other altcoins such as Ethereum have also broken previous resistance levels influenced by Bitcoin’s upward rally. Highlighted Crypto News Today: Is Bitcoin Set for a Pullback After Reaching All-Time High at $93K?
 
The Solana blockchain network has been making tremendous strides and is on its way to catching up with Ethereum. Based on hedge fund Syncracy Capital’s recent findings, the market share and the valuation of Solana have increased in a short period, going as far as an estimate placing the network at 33% of the worth of Ethereum. This progress highlights how far Solana has come since being considered an undervalued player in 2023, thanks to more coherent architecture, higher transactions per second and simplicity of development. Solana has seen, and continues to see, an increasing volume of activity on-chain and growth in users and builders, after shaking off the difficulties caused by the collapse of FTX. Advancement Of App Earnings And Other Metrics Undoubtedly, the most noteworthy change this month is that Solana set a new record, outperforming Ethereum in terms of monthly application revenue. This is hardly surprising, given the rise in applications that are finance and commerce oriented. Retailers have found Solana very appealing because it is easy to use on mobile devices, and has low transaction costs. Pumpdotfun and other apps like it are also showing off the full potential of Solana’s network. These apps currently make over $348 million a year. With about 42 million SOL locked as of October 26, Solana’s TVL has reached a two-year high. By contrast, Ethereum’s TVL has stayed somewhat unchanged – particularly in decentralized finance (DeFi) and decentralized physical infrastructure networks (DePIN) – which are both seeing a spike in usage on the platform. This rise in TVL reflects the growing confidence in Solana’s ecosystem. The Future Of Solana And The Expanding Ecosystem The appeal of Solana’s ecosystem is steadily on the rise, even vying with Ethereum in the few niches that remain uncontested. The network does not only focus on retail merchants, but it is also on the rise with several innovative DePIN protocols that aim to incentivize the users to maintain the real world infrastructure. Solana’s forthcoming Firedancer upgrade is anticipated to further improve the network’s scalability. Syncracy Capital said this will maintain Solana’s valuation disparity with Ethereum at a low level, thereby establishing it as a formidable competitor. SOL Price Forecast It is projected that by the 14th of December, 2024, the price of Solana will have appreciated by 12%, hitting $242, data from CoinCodex shows. Considering that the Fear & Greed Index lies within its ‘Extreme Greed’ limits and consumer behavior is still positive, it would be more logical to purchase Solana at this point in time. More so, there is a likelihood that the price of Solana will also go up bearing in mind the efficiency of the network and the month’s growth of 30%. Featured image from DALL-E, chart from TradingView
 
Dogecoin (DOGE) continues to lead the crypto market with its 116% surge over the last week. The memecoin’s frenzy has outperformed most to 100 cryptocurrencies and even made DOGE’s price in South Korean exchanges briefly rise higher than global exchanges like Binance. ‘Kimchi Premium’ Returns Amid Dogecoin Rally Trump’s victory sparked a massive crypto market rally, creating a craze around the leading memecoin Dogecoin. The token’s trading volume increased 157% in the last seven days, driving DOGE’s price from trading below the $0.20 mark to above the $0.40 range. This week, the Dogecoin frenzy arrived in South Korea, eclipsing a significant share of the Korean market. Web3 analyst Bradley Park highlighted that the memecoin had a remarkable $10.6 billion 24-hour trading volume on the Korean exchange Upbit. Based on CryptoQuant data, the analyst pointed out that Dogecoin was the local crypto exchange’s top-traded token, with 32.4% of the total volume as of Wednesday, surpassing Bitcoin (BTC). Moreover, on Tuesday, Dogecoin saw a spike in volume globally, reaching $22 billion in a single day. Upbit accounted for 20.7% of DOGE’s global trading volume, falling second to Binance’s 41.5% share. The memecoin’s spike in Korean demand sparked DOGE’s “Kimchi Premium” on Korean top crypto exchanges. “Kimchi Premium” refers to the price gap of a cryptocurrency between South Korean and global exchanges. On Tuesday, the DOGE/KRW trading pair on Upbit and Bithumb briefly surpassed the DOGE/USDT pair on Binance by 1.5%, recording the largest premium in three months. At the time of writing, Upbit’s DOGE/USDT trading pair is trading at $0.433, 1.6% above Binance’s $0.426 trading price. DOGE About To Reach The Moon? Dogecoin’s performance has sparked a bullish sentiment among investors. According to crypto analyst Kaleo, the memecoin is “in the process of making the massive impulse move to the new all-time Highs at the early stages of a new bull market that it is known for.” The analyst details that the cryptocurrency makes “swift moves with massive multiples” around 200 days after the Bitcoin Halving, with timing between previous ATHs and the beginning of each move having a “similar cadence.” The analyst noted that Dogecoin still has “a lot of room to run up” if history repeats itself. He explained that the last time DOGE moved up from its current levels, it surged 65% to above the $0.7 mark in 24 hours. Moreover, he highlighted that the last time the memecoin registered a breakout like this from its BTC pair, it had a remarkable 175% pump toward its previous ATH. Based on this, the analyst forecasted that the long-awaited $1 target for the memecoin will be reached soon. Dogecoin is trading at $0.42, a 9.7% and 114% surge in the daily and weekly timeframes.
 
Data shows the Bitcoin market sentiment has recently seen a significant uplift as the cryptocurrency’s price has set new records. Bitcoin Has Just Set A New All-Time High Above $93,000 Bitcoin had seen a bit of a pause in its bull run yesterday, but the uptrend has already returned for its price in spectacular fashion today as the coin has now achieved a new all-time high (ATH) beyond the $93,000 mark. The chart below shows how the coin’s recent trajectory has looked. Following this rally, Bitcoin is sitting in weekly gains of over 24%. As is generally the case, the other assets in the sector have also followed BTC in this run, with Ethereum (ETH), the largest of the lot, garnering similar profits. However, many altcoins have outperformed these two giants, with Dogecoin (DOGE) particularly standing out with its impressive 120% positive returns. Whenever the market goes through such a bullish phase, investor sentiment shifts towards the better. The same has also happened this time, as the Fear & Greed Index shows. Bitcoin Fear & Greed Index Is Now At A Value Of 84 The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among the investors in Bitcoin and the wider cryptocurrency markets. This metric uses a numeric scale from zero to a hundred to represent the trader mentality. Values above the 53 mark imply the average investor is showing greed, while those under 47 suggest the presence of fear in the market. The region between these two cutoffs corresponds to a net neutral sentiment. Other than these three main sentiments, there are also two special ones: extreme greed and fear. The former occurs at values above 75, while the latter is under 25. Now, here is what the Bitcoin Fear & Greed Index is like right now: As is visible above, the index is sitting at a value of 84. This naturally indicates that investor sentiment is firmly in extreme greed. Historically, Bitcoin and other coins in the sector have tended to move opposite to the majority’s expectations. The probability of a contrary move also grows the crowd’s confidence. As such, whenever the Fear & Greed Index has gone too far off into one extreme, a reversal has become likely for BTC. This effect was also witnessed during the top back in March of this year. During that top, the indicator was sitting at 88, which isn’t much higher than the latest value. Thus, it’s possible that, at least from the perspective of sentiment, Bitcoin may be starting to become overheated. That said, past bull markets have generally seen the cryptocurrency sustain in this extreme zone for a while before the actual cyclical top is reached, so the rally could still have room to run.
 
Ali Martinez is known for his sound crypto market predictions. This time, the renowned crypto analyst has set his sights on the $23 mark for Dogecoin (DOGE) in this bull run. But investors seem to be more interested in FXGuys ($FXG) since it promises far more attractive returns in the ongoing market upswing. No doubt speculative assets like memecoins have their own fanbase but innovative crypto trading platforms like FXGuys are far more promising investment avenues. That’s exactly what market peers have been asserting for quite some time now. But the main question here is, how can $FXG outpace top altcoins like Dogecoin in the bull run? Read on to understand! >>>BUY $FXG TOKENS HERE<<< Analyst Says Dogecoin Could Reach $23: DOGE to the Moon? With Donald Trump officially back in office, Dogecoin is on fire. DOGE holders can thank none other than Elon Musk, a major Trump supporter and DOGE advocate. Dogecoin has shot up in market cap. The memecoin has even crossed USDC to secure the sixth spot with a staggering $47 billion valuation. The price of DOGE is up a jaw-dropping 110% over the past week, from $0.1551 to $0.3268. But remember, it’s still about 55% below its all-time high of $0.7376. And yet, analyst Ali Martinez has some truly ambitious predictions. According to him, Dogecoin could soar between $4 and a whopping $23 if history repeats itself. He says DOGE has shown an uncanny ability to rally after breaking key Fibonacci levels in past bull cycles. And with Trump and Musk in the picture, this bull run might have something big in store for Dogecoin fans. But even as some DOGE holders are dreaming of that $23 mark, FXGuys is steadily gaining confidence among investors as an even stronger play for this bull run. >>>BUY $FXG TOKENS HERE<<< FXGuys Now Allows Risk-Free Trading With Its Crypto Trading Platform With everyone talking about big gains for coins like Dogecoin, lots of traders are keeping their eye on FXGuys. This new crypto trading platform is set up to give new and pro traders a safe and easy way to dive into both crypto and forex trading without all the stress. One thing that makes FX Guys stand out is its Trader Funding Program. Just imagine trading with over $200,000 at your fingertips without putting all your own money on the line! That’s what FXGuys brings to the table to help you hit your trading goals risk-free. And every trade you make adds value through the FXGuys Trade2Earn program. With each move, you’re earning $FXG tokens. That basically means you grow your investment while you trade. Then there’s the FX Guys staking rewards program for holding onto $FXG tokens. It gives you extra earnings even when you’re not trading. As an FXGuys member, you can receive up to 20% in annual profit from the revenue generated through the platform’s trading volume. No long sign-up processes either—FXGuys skips the KYC (Know Your Customer) checks, so you can jump straight into trading without any bottlenecks. And don’t worry about security; FXGuys’ smart contract has been audited by SolidProof, which means the platform is built to keep your funds safe. >>>BUY $FXG TOKENS HERE<<< The $FXG Presale Takes Off: Will It Outshine Top Altcoins in the Bull Run? $FXG is stealing the spotlight in the bull run as top altcoins fail to catch up. In fact, Stage 1 of the public presale is almost completely sold out. But you don’t have to worry because $FXG is still available at $0.030, which could give you over 233% growth when it launches at $0.10. That’s a lot of value for early investors! $FXG has already gone up 100% from its Private Sale Round price of $0.015 and a massive 200% from its original Seed Funding Round price of $0.010. With more than 132 million tokens already snapped up, FXGuys is definitely getting noticed in the bull run. Want to jump in? Just connect your wallet and grab your tokens, and you’re all set to see what $FXG has in store for the future. To find out more about FXGuys follow the links below: Website | Whitepaper | Socials | Audit Exclusive FXGuys Promo Code: USE PROP10 FOR 10% BONUS Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
 
The crypto market is buzzing with anticipation as XRP gears up for a potential surge following recent political shifts. Yet, another digital asset is drawing attention with the promise of even greater returns. Investors are eager to uncover which cryptocurrencies might offer extraordinary growth in this rapidly changing landscape. XYZVerse (XYZ), a pioneering memecoin that unites sports fans from football to eSports, aims to surpass well-known tokens with its ambitious growth targets and unique blend of meme culture and sports enthusiasm. 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!<< XRP (XRP) XRP has been on a remarkable upward trend recently. Over the past week, its price surged by 33.74%. In the last month, it climbed 24.96%, and over six months, it increased by 29.60%. These gains suggest growing investor interest and momentum in the market for XRP. Currently trading between $0.51 and $0.64, XRP is approaching its nearest resistance level at $0.69. The 10-day simple moving average stands at $0.65, slightly above the 100-day average of $0.58. Technical indicators like the Relative Strength Index at 64.71 and Stochastic at 72.08 indicate that XRP is nearing overbought territory. The MACD level of 0.0185 also reflects bullish momentum. Based on this data, XRP could continue its upward trajectory. If it breaks through the $0.69 resistance, it might target the second resistance level at $0.81, representing a potential gain of around 26%. However, if the price reverses, the nearest support is at $0.44, a drop of approximately 31% from the current high. Traders should watch these levels closely as XRP’s momentum unfolds. Conclusion XRP shows promise in the 2024 bull run, but XYZVerse (XYZ) is stealing the spotlight with its sports-focused memecoin ecosystem, aiming for massive growth and community engagement. 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.
 
Bitcoin reached a new all-time high of $93,434, marking its 9th consecutive day of climbing higher. The release of favorable CPI data, showing a modest increase of 0.2%, triggered the rally, with hopes for a rate cut. Bitcoin (BTC) is making headlines again, hitting a new all-time high of $93,434 for the 9th consecutive day of impressive gains. At the time of writing, Bitcoin priced at $89,880, marking a 20% surge in just one week. This latest rally follows a significant boost after the release of the latest Consumer Price Index (CPI) data, which showed a modest 0.2% increase from September’s 2.4% to 2.6%, sparking hopes for a potential rate cut. This further fueled the rally and contributed to growing optimism about Bitcoin’s prospects. Since Donald Trump’s victory in last week’s US presidential election, BTC has soared more than 34% from $69,322 to its current record-breaking levels. In terms of market cap, Bitcoin now holds $1.78 trillion, surpassing the oil giant Saudi Aramco and placing it as the seventh largest asset globally. Many analysts are now predicting that Bitcoin could hit $100,000 in the coming week. There are also speculations that the cryptocurrency could even become the US reserve currency following Trump’s win. However, attention now shifts to the implications of his policies on the crypto market and the broader U.S. economic outlook. Trump has pledged to make America the “bitcoin and cryptocurrency capital of the world.” This has led some to predict that Bitcoin could reach $100K by January 2025, when he takes office. Further, institutional investors are flocking in, especially through newly accessible ETFs, and heavyweight players are eyeing Bitcoin as a reserve asset. Bitcoin spot ETFs reached a total trading volume of over $8.07 billion on Nov 13. BlackRock’s ETF alone set a new record, hitting $5.37 billion in volume. Bitcoin’s Bullish Momentum and Potential for Short-Term Correction The bullish momentum is also visible on the charts. On the 4-hour BTC/USDT chart, Bitcoin has recently broken past both the 100-day and 200-day moving averages, with the 50-day crossing above both, signaling a strong uptrend. Now that the BTC price has reached the channel’s upper boundary, consolidation may be underway. For the short term, a period of distribution near this level is expected, followed by a slight correction back to the channel’s middle boundary around $85K. To validate this, BTC is currently priced at $89,880. A brief correction is expected, with support zones at the Fibonacci retracement levels—around $87,655 (0.23) and $80,478 (0.5). These levels may offer a chance for profit-taking and re-entry in the mid-term. On the other hand, Bitcoin’s CMF reading of 0.23 on the 4-hour chart indicates strong buying pressure. This supports the bullish trend—a healthy correction may offer more strategic entry opportunities. The next key targets are $94K and $95K, which could set the stage for the much-anticipated $100K milestone.
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