An announcement has been made about a strategic relationship between io.net, the DePIN that provides access to high-performance GPU clusters, and NovaNet, which is the decentralized network for zero knowledge proofs (ZKP). Through the partnership, the security and dependability of decentralized computing will be improved, and cryptographic guarantees will be implemented. NovaNet is a decentralized incentive network that uses zero knowledge proofs to provide locally verifiable computations while protecting users’ privacy. The folding scheme-based zkVM that it offers is at the vanguard of ZKP technology. It enables proofs that are safe, transparent, and memory-efficient, therefore protecting user data while still offering strong cryptographic assurances of legitimate computation. An advanced solution that will give cryptographic guarantees that GPU resources on io.net are authentic and perform as claimed will be the primary emphasis of the cooperation. This solution will be known as zero knowledge GPU Identification (zkGPU-ID). Through the use of NovaNet’s powerful ZKPs, it will be possible to guarantee that the computing resources offered by io.net providers are completely verified, safe, and satisfy the performance standards that have been declared. Through the use of zkGPU-ID, io.net and NovaNet will build a system that will verify that the specs of the GPU match or surpass the performance that has been reported. This will allow for increased dependability and transparency within the decentralized computing landscape. Tausif Ahmed, io.net VP of Business Development, said: Wyatt Benno, Technical Co-Founder of NovaNet, added: The operation of the zkGPU-ID process is accomplished by executing a customized protocol for GPUs across a secure software channel that is supported by zkVM. A ZKP is produced as a result of this, which indicates that the specifications of a GPU meet or surpass the lowest boundaries of its proposed performance. To properly test and identify graphics processing units (GPUs) throughout the io.net platform, this protocol makes use of NovaNet’s zkVM, also known as the zkEngine. Protection against manipulation is provided by the fact that any effort to reroute the process or interfere with it would result in an invalid or degraded evidence.

Gaia, a decentralized, open-source AI infrastructure platform, has announced a strategic partnership with InfStones, a global leader in blockchain node infrastructure management. This collaboration enhances Gaia’s mission to advance permissionless, censorship-resistant AI operations by integrating InfStones’ powerful infrastructure solutions to support scalable node deployment and management. Building a Collaborative Foundation for Decentralized AI The partnership with InfStones is a major advancement in Gaia’s vision to democratize AI, providing a stable and reliable infrastructure for Gaia’s decentralized network of AI agents. By combining Gaia’s AI agent framework with InfStones’ robust node solutions, users gain greater access to reliable, high-performance computing to empower developers, protocols, and individuals with tools that facilitate AI development. Optimized Node Infrastructure Gaia will leverage InfStones’ extensive node management solutions to enhance computing power across its network, bringing stability and responsiveness to Gaia’s AI agents. This ensures a smoother, more efficient experience for users while maintaining the integrity and reliability that are essential for a decentralized AI ecosystem. Streamlined One-Click Node Deployment InfStones will enable seamless, one-click deployment and hosting for Gaia’s inference nodes. This feature lowers the barrier to entry for node operators, allowing a broader base of users to participate in the Gaia network, regardless of technical experience. By simplifying access, the partnership encourages a more diverse community to contribute to and benefit from Gaia’s decentralized infrastructure. Traffic Management and Resource Optimization for Domain Nodes Gaia and InfStones are committed to optimizing performance across the network. Through single-click domain node deployment, users can efficiently manage traffic and resource distribution, ensuring secure, transparent, and scalable operations. This support fosters a trusted environment for developers and end-users alike, enhancing the network’s overall strength and resilience. Driving Value in the Decentralized AI Ecosystem Gaia’s partnership with InfStones establishes a new benchmark in decentralized AI infrastructure by advancing network scalability, enabling consistent performance across the decentralized AI ecosystem. Additionally, the partnership strengthens Gaia’s mission to deliver permissionless, censorship-resistant access to AI, promoting freedom and transparency within AI operations. By reducing barriers to entry for deploying network nodes, Gaia and InfStones are working towards a future where it’s easier than ever to contribute towards a collaborative AI knowledge network. About Gaia Gaia is a pioneering decentralized AI platform committed to transforming knowledge into a secure, collaborative ecosystem. Addressing issues in centralized AI—such as censorship, bias, and IP concerns—Gaia provides a knowledge-sharing framework that rewards knowledge creators while ensuring a dynamic, evolving foundation for new AI applications. With privacy and transparency at its core, Gaia is redefining AI to make knowledge accessible and protected for all. Website: www.Gaianet.ai GitHub: https://github.com/Gaia-AI Twitter: @Gaianet_AI About InfStones Founded in 2018, InfStones is the world’s leading blockchain infrastructure provider, backed by leading investors such as Softbank, GGV, Dragonfly Capital, HashKey Capital, Qiming Venture, and SNZ. Known for reliability, security, and speed, InfStones provides comprehensive Web3 infrastructure solutions for DeFi, NFT, GameFi, and decentralized applications. Trusted by top blockchain entities, including Binance, OKX, and Chainlink, InfStones powers a growing ecosystem with a commitment to empowering developers and enterprises worldwide. Website: https://infstones.com/ Twitter: @InfStones Media Contact Melrose PR Email: [email protected] Phone: +1 310-260-7901 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 Ethereum Foundation sold 100 ETH for DAI, marking its first ETH sale since releasing its annual report. The sale is part of the foundation’s strategy to fund public projects and maintain its financial reserves. Today, the Ethereum Foundation made another significant move in its ongoing strategy to fund public projects and maintain reserves. For the first time since releasing its annual report, the foundation sold 100 ETH, swapping the cryptocurrency for the stablecoin DAI. This transaction followed a similar move in late October, where the Ethereum Foundation offloaded another 100 ETH in exchange for 270,800 DAI. According to the Spot On Chain, the sale of 100 ETH on November 12 brought in 334,315.7 DAI, adding to the foundation’s reserves. In 2024 alone, the foundation sold a total of 4,266 ETH for approximately $11.83 million, averaging a price of $2,773 per ETH. This strategic approach allows the Ethereum Foundation to maintain its financial stability while continuing to fund key public initiatives that support the Ethereum ecosystem. Ethereum Foundation’s Reserves Support Its Future As of October 31, 2024, the Foundation reported holding $970.2 million in assets, with $788.7 million stored in cryptocurrency. A staggering 99.45% of these holdings are in ETH, further emphasizing the foundation’s commitment to Ethereum’s future. Vitalik Buterin, the co-founder of ETH, has previously explained that these regular ETH sales are necessary to ensure the foundation has the necessary funds for development and to keep the ecosystem sustainable. With over 272.30K ETH ($883.296M) still in its reserves, the Ethereum Foundation remains a crucial player in the ongoing growth and success of Ethereum. Highlighted Crypto News Bitget Re-enters UK Market with 150 Tokens Following FCA Approval

Forget Shiba Inu (SHIB)—the real wealth-building potential this cycle lies in Rexas Finance (RXS). With its unique approach to tokenizing real-world assets, RXS has positioned itself as the next big thing in crypto, targeting a staggering 21,889% price surge. As RXS climbs the ranks on CoinMarketCap, it’s gaining traction among investors seeking exponential gains from a low-cost coin with serious growth potential. Positioned as a top project in the crypto space, RXS isn’t just a promising token—it’s the millionaire-maker you can’t afford to miss. Rexas Finance (RXS) Rexas Finance is growing as a leading project for long-term growth potential in 2024. RXS is an ERC-20 based token which reshape the way RWA are tokenized and traded providing investors a most prominent crypto project. Whether the crypto user is seeking fractional ownership in a property or to invest in tokenized gold, Rexas Finance makes the process easy with just a few clicks. This makes the platform ideal for both seasoned crypto investors and newcomers to the space. Key Features That Set Rexas Finance Apart Real-World Asset Tokenization: Rexas Finance provides a strategic and innovative solution for tokenizing tangible assets, enabling crypto users to buy or invest in tokenized real-world assets from anywhere in the world. Moreover, the platform’s revolutionary model enables both full and fractional ownership options, providing the way to a wide range of investment choices. Rexas Token Builder: With the Rexas Token Builder, crypto users can tokenize their assets—whether it’s real estate, fine art, or precious metals. More so, the tool empowers users to create liquidity and offer their assets to a global marketplace. Rexas Launchpad: The Rexas Launchpad provides a decentralized fundraising platform. This also eliminates the need for traditional financial intermediaries, asset owners can raise capital by providing their tokens to investors worldwide. Rexas Estate: Rexas Estate enables investors to co-own tokenized real-world properties, in the form of stablecoins and earn passive income. This feature makes everyday investors take part in the real estate markets that were once booked for the wealthy. Other Utilities: The Rexas ecosystem offers additional utilities like Rexas GenAI, a powerful tool for enabling unique digital artworks for the NFT space, and Rexas DeFi, which enables users to swap crypto across many networks. Rexas Treasury, a multi-chain yield optimizer, enables users earn compound interest on their crypto deposits, further enhancing the platform’s appeal. RXS Token: A Powerhouse in the Making RXS is an ERC-20 baked project. The project has a total supply of 1 billion tokens, RXS enables holders to take part in the key decisions regarding the platform’s future. As a result, early crypto users have the chance to influence the direction of the ecosystem, making the token a speculative asset and also a key component in the governance of a revolutionary platform. Furthermore, the total supply of RXS tokens is 1 billion. Rexas project has raised over $5.85M until now, with 75% of fifth stage of presale over. This presale program is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization. Moreover, Rexas Finance has been listed on CoinMarketCap and CoinGecko, moreover, it will be listed on top 3 tier 1 exchanges. About Rexas (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.

Bitget entered the UK market with FCA compliance. It offers over 150 tokens for the UK users. The seventh largest crypto exchange, Bitget has officially re-entered the UK market after a six-month interval. This follows compliance with the UK’s Financial Promotions Regime (FPR), which commands standards for promoting financial products, including crypto assets. The exchange’s relaunch was through the partnership with Archax, a Financial Conduct Authority (FCA) approved entity, which ensures that the exchange’s promotional content meets all regulatory requirements. Gracy Chen, CEO at Bitget states: The relaunch provides British users with access to trade over 150 tokens, which outpaces many global competitors in the UK. This range underlines Bitget’s commitment to offering diversity and flexibility to UK investors while maintaining transparency and integrity in line with FCA regulations. Regulatory Compliance of Bitget The exchange’s renewed focus on compliance suggests a broader industry shift towards standing by the local regulations. The Financial Promotions Regime (FPR), introduced by the FCA, aims to prevent ambiguous crypto promotions. It has considerably forced the firms to either adjust their strategies or exit the market. The legal team of Bitget, led by former Binance executive Hong Ng, states that maintaining strong compliance can go hand in hand with facilitating innovation. Julia Loder, the head of regulation at Archax noted: Notably, Archax facilitates trading and custody services, including tokenized real-world assets. The partnership with Archax highlights Bitget’s strategy to integrate advanced offerings while co-ordinating with the FCA’s rigid standards. Highlighted Crypto News Is XRP Gearing Up for the $1 Rally in this Bull Cycle?

Justin Drake proposes “Beam Chain” to modernize Ethereum’s consensus layer. Beam Chain aims for faster transaction finality and lower validator stake requirements. Ethereum Foundation researcher Justin Drake has introduced a proposal at Devcon for a comprehensive redesign of Ethereum’s consensus layer, termed the “Beam Chain.” Beam Chain combines several advanced upgrades from the Ethereum roadmap, including native zero-knowledge (ZK) proof support and faster finality. This proposal could mark Ethereum’s biggest transition since its shift to proof-of-stake (PoS) in 2022. Drake’s vision for Beam Chain includes reducing block production times, lowering validator stakes, and integrating ZK-SNARK technology. By setting validator stakes at 1 ETH, down from the current 32 ETH requirement. The proposal aims to broaden validator accessibility and encourage new participation. This upgrade would also increase the frequency of block finality, reducing it to three slots from the current delay of 15 minutes. This change could streamline Ethereum’s transaction efficiency while maintaining high security. Scaling Ethereum with ZK Proofs The plan incorporates a focus on ZK proofs to support blockchain scalability without relying on Layer 2 solutions. If successful, Ethereum’s Layer 1 could scale independently, addressing concerns about Layer 2 “cannibalizing” demand for the main Ethereum network. The proposed system is intended to balance scalability with decentralization by limiting the centralization risks linked to faster finalization times. While the Beam Chain proposal seeks to address long-term needs. Drake highlighted that the project is still in its early stages and will require community consensus. He outlined a roadmap with a potential start of specification development in 2025, followed by building in 2026, and a two-year testing phase to ensure reliability before mainnet deployment. The Ethereum Foundation’s recent moves have added intrigue to the proposal’s timing. Just prior to Drake’s Devcon keynote, the Foundation converted 100 ETH into stablecoin DAI, amidst community calls for transparency around Ethereum’s fiscal management. Highlighted Crypto News Today Binance’s CZ Refutes ‘Bitcoin is Dead’ Claims Highlighting BTC’s Resilience

Henrik Zeberg, a prominent macroeconomist known for his expertise in business cycles and Head Macro Economist at Swissblock, released a technical analysis for the Dogecoin price by popular demand. Within the monthly chart of DOGE/USD, Zeberg highlights potential future prices based on Fibonacci extensions and a specific chart pattern known as the “Rounding Bottom.” Will Dogecoin Price Hit $29? Zeberg’s technical approach draws heavily on the historical performance of Dogecoin, suggesting that its price might follow a bullish trajectory mirrored in previous cycles. In his analysis, he points out, “DOGE seems to develop a Rounding Bottom structure in each Cycle. We observe how each cycle has produced higher and higher levels into the Euphoria phase.” The Rounding Bottom is a proven chart pattern often seen in financial markets which signals a reversal or a significant shift from a downward trend to an upward trend. The pattern is recognized by its gradual, rounded recovery from a low point, resembling the shape of a bowl or a saucer. This pattern indicates a slow and steady accumulation phase among buyers, followed by a gradual increase in price and demand. The formation of a Rounding Bottom begins when an asset hits a new low and then slowly starts to recover, with buyers gradually entering the market, wary of the downtrend but starting to gain confidence as prices stabilize. As the asset’s price ascends, it reflects increased buying pressure and a decline in selling pressure, suggesting a shift in market sentiment from bearish to bullish. To confirm a Rounding Bottom, the price must break through the resistance level that initially led to the pattern’s formation, often marked by the highest point of the curve before the asset’s price began to fall. For the Dogecoin price, this is the price level around $0.49 which Zeberg identifies as the first price target. The breakout typically needs to be accompanied by an increase in volume and can signal a long-term bullish trend. If DOGE manages to break this resistance in the coming days, the future could be massively bullish. Zeberg utilized Fibonacci levels to provide specific future price targets for Dogecoin. The Fibonacci extension levels specifically marked on the chart for Dogecoin include the 1.27 Fib ($0.4924) which Zeberg labels as target 1 with a potential gain of 75%. The next price target for the Dogecoin price is the 1.618 Fib at $0.08030 which is referred to as target 2 with an anticipated increase of 180% by Zeberg. The 2.618 Fib at $3.2738 is marked as target 3, an ambitious goal representing an 8x increase. Moreover, the 3.618 Fib at $13.3641 and 4.618 at $54.4064 are also marked, though not explicitly linked to immediate targets, indicating very optimistic long-term possibilities should the market enter another phase of euphoria akin to past cycles. In discussing these targets, Zeberg cautions, “Could we see even more crazy development? Nothing is certain – but the setup looks like a repetition of what we have seen in earlier phases.” This statement refers to Zeberg’s main target for this bull run, which stands between the 3.618 and 4.618 Fibonacci levels at $29, assuming the entire market remains in a mania phase for an extended period. In this scenario, Dogecoin would achieve a gain of 10,200%. At press time, DOGE traded at $0.41.

German government sold nearly 50K Bitcoin for $53,000 each in June-July 2024 as part of the Movie2K case asset liquidation. The sale missed $1.84 billion in profits as Bitcoin surged to $89,956, making the BTC worth $4.48 billion today. While the enthusiasm over the Bitcoin market is soaring every day, Germany’s recent decision to sell nearly 50,000 BTC at $53,000 per coin during June and July has led to an estimated “$1.84 billion in missed profits” as Bitcoin surged to a new all-time high of $89,956.88. At the current market prices, the “49,858 BTC sold would be worth about $4.48 billion.” According to the early report, the German authorities conducted the sale between June 19 and July 12 and raised approximately $2.8 billion. These BTC’s were seized in January from the operators of the pirated movie website Movie2k, when their value was $43,000. Under German law, authorities must sell assets involved in criminal cases if their market value fluctuates by more than 10%, to prevent losses due to volatility. However, this German government decision comes at a time when markets have been on a tear. Despite July’s concerns that this BTC sale could trigger more volatility in the Bitcoin market, BTC has well-stabilized and holds steady above $55K. Bitcoin Surge Drives Optimism for $100K Target in 2024 Bitcoin’s 30% surge over the past week that has been fueled by a rally following Trump’s victory in the US presidential election. This rally has had a significant impact in the global crypto market. This key development brings BTC close to the $90,000 zone. The likelihood of BTC reaching $100K in 2024 is now at 62%, according to Polymarket. As Bitcoin’s price continues to rise, German parliament member Joana Cotar has voiced concerns about the U.S. potentially adopting Bitcoin as a strategic reserve asset, suggesting that European countries might experience a “FOMO” effect. Amid this rally, many crypto traders are now predicting Bitcoin could hit $100K by the end of the year. While some analysts are optimistic that BTC may hit this target mark anytime soon. At the time of writing, Bitcoin is priced at $87,894, with a market cap of $1.74 trillion. Highlighted Crypto News Today Binance’s CZ Refutes ‘Bitcoin is Dead’ Claims Highlighting BTC’s Resilience

Binance’s CZ Zhao dismisses “Bitcoin is dead” claims, underscoring Bitcoin’s long-term resilience. Binance remains a significant force in Bitcoin’s growth and global adoption. Binance CEO Changpeng Zhao recently dismissed recurring claims that “Bitcoin is dead,” reaffirming Bitcoin’s durability in the face of doubt. Posting on X, CZ shared a link to the “Bitcoin is Dead” website, which catalogues predictions of Bitcoin’s decline. Despite its global financial influence, Bitcoin faces persistent criticism, a trend CZ highlighted in his post. Bitcoin, the most widely recognized cryptocurrency, continues to attract both supporters and detractors. CZ’s message underscores Bitcoin’s long-standing resilience, challenging those who frequently declare its end. For years, Bitcoin opponents have warned of its failure, yet Bitcoin continues to grow in market relevance. Through his post, CZ encourages a closer examination of Bitcoin’s true impact, urging users to question doubters’ ongoing claims. The website shared by CZ, “Bitcoin is Dead” from BuyBitcoinWorldwide, lists over 385 articles predicting Bitcoin’s collapse. These “Bitcoin obituaries” illustrate the wide gap between critics’ claims and Bitcoin’s sustained performance in the market. Bitcoin’s supporters see it as a vital asset within decentralized finance, while traditional finance circles continue to scrutinize its growth. Bitcoin’s Growth and Binance’s Challenges Alongside this growth, CZ and Binance face regulatory pressures. FTX recently filed a lawsuit, demanding Binance return $1.8 billion in funds. The lawsuit underscores the regulatory complexities Binance navigates while promoting Bitcoin’s stability and adoption. Bitcoin’s steady rise underscores its importance in modern finance. CZ’s remarks reflect the crypto community’s confidence in Bitcoin’s potential despite relentless scrutiny. Bitcoin advocates argue that it has paved the way for digital finance’s future. CZ’s recent statements align with this sentiment, affirming Bitcoin’s evolving role. Meanwhile, Bitcoin’s recent price increase has silenced some doubters. Trading at $87,814 at the time of writing, Bitcoin’s trading volume over the past 24 hours reached $135 billion, and it has gained 30% over the last week and 42% over the past month. With its market cap now exceeding that of silver, Bitcoin has solidified its presence as a major global asset. Highlighted Crypto News Today Is XRP Gearing Up for the $1 Rally in this Bull Cycle?

Bybit, the second-biggest cryptocurrency exchange globally in terms of trading volume, has solidified its position as a significant force in the derivatives market. Between September and October, Bybit’s futures trading volume saw a phenomenal 61% increase. According to a recent report from Wu Blockchain, the monthly trading volume of this top centralized exchange has increased to an astonishing 639 billion, making it one of the largest rises among them. Several important elements are responsible for this remarkable growth: Strategic Listings: Bybit has significantly increased its attractiveness to a wide spectrum of traders by taking the initiative to list both new and well-known cryptocurrencies. Trading volume has significantly increased as a result of recent listings including GOAT, MOODENG, GRASS, and X. As a major predictor of market movements, the market keeps a careful eye on Bybit’s ongoing listing. Meme Coin Frenzy: Derivatives trading activity has significantly increased as a result of meme coins’ continued popularity. initiatives like MOTHER, NEIROCTO, SPX, HPOS10I, and several more community initiatives have been listed by Bybit, which maintains tight relationships with meme coin communities. Bybit has drawn a large and growing number of retail traders due to its quick reaction to this trend, sophisticated trading tools, and affordable costs. Institutional Expansion: As a result of Bybit’s dedication to serving institutional customers, the platform is increasingly being used by hedge funds, asset managers, and other financial institutions. The exchange has drawn institutional investors thanks in large part to its strong security protocols, regulatory compliance, and cutting-edge risk management capabilities. Shunyet Jan, Bybit’s Head of Institutional and Derivatives, commented:

With the crypto market set for a possible breakout, keep an eye on these five altcoins with high growth potential. Each of these tokens is built on innovative tech, unique real-world applications, and robust communities. From established leaders pushing the envelope to emerging projects on the verge of disrupting industries, this list is packed with exciting projects. Whether users are a seasoned investor or new to the crypto space, these coins are worth watching as they aim for exponential growth in the near future. Near Protocol (NEAR) Near Protocol is a crypto platform dedicated to providing lightning-fast transactions at remarkably low costs. Sharding Technology: This innovative feature segregates the network into smaller segments, hugely enabling transaction speeds. Chainlink (LINK) Chainlink (LINK) performance has been increasing in recent days, this is followed by key developments within the platform. The introduction of staking, data oracle network expansion and the launch of Secure Mint have all led to LINK’s bullish uptrend. Polkadot (DOT) Polkadot is a crypto project that plans to make tremendous growth in the blockchain world. Moreover, Polkadot’s unique multi-chain architecture enables blockchains to function independently. It connects the gap between many blockchains, enabling cross-chain partnerships. Dogecoin (DOGE) Dogecoin is a crypto meme-based project in 2013, providing the popular Shiba Inu “Doge” as its logo. Besides its history as a joke crypto project, Dogecoin has created a strong community and gained real uses over time. Besides, all these crypto projects have the potential to provide 2000% gains for crypto investors in the next five months. Rexas Finance (RXS) Rexas Finance is the user’s gateway to the future of asset management. Rexas Finance enables users to own or tokenize digitally any real-world asset, from real estate to commodities, on a worldwide scale. With Rexas Finance, users can gain a market with endless asset investment opportunities. Rexas Token Builder: It is normally used to tokenize their real-world assets and commodities. To make it easy for individuals to get digital ownership and offer access to the global market. Rexas Launchpad: This feature helps the asset owners raise funds for their tokenized assets, offering liquidity and new investment options for the crypto users. Rexas Estate: The project’s one of the most exciting features is Rexas Estate which enables crypto users to co-own the real-world assets and earn passive income in stablecoins. Furthermore, the total supply of RXS tokens is 1 billion. Rexas project has raised over $5.85M until now, with 75% of the fifth stage of presale over. This presale program is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization. Moreover, Rexas Finance has been listed on CoinMarketCap and CoinGecko, moreover, it will be listed on top 3 tier 1 exchanges. 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.

XRP price is up by over 13% in the last 24 hours. The market recorded $11.35 million in XRP liquidations. The post-election rally propels the overall crypto market cap to settle at $2.99 trillion, with Bitcoin (BTC) at a record high of $89.9K. Major assets have recovered and XRP appeared in the green zone with a 13.42% gain over the past 24 hours. The asset chose a bullish pace for the day and visited the peak price of $0.6959. At the time of writing, the asset trades at $0.6612 with its trading volume positioned at $6.47 billion. In the meantime, an $11.35 million liquidation of XRP was observed in the market, as per data. Notably, XRP’s bullish sentiment over the past month recorded a gain of over 21% and the momentum continued over the past week with a 27%. The asset began trading at $0.5107 and ascended to the current price levels. On the other side, a legal expert explained that the court ruled that Ripple’s XRP sales didn’t qualify as securities due to the lack of promotion to retail investors, but the SEC is appealing. Ripple is doubtful to change its stance on promotion, during the ongoing legal battles. Meanwhile, Bitcoin has no constraints as its holders can promote it without the SEC interference. XRP Bulls Eyeing a Potential Rally The four-hour technical chart of XRP exhibits the Moving Average Convergence Divergence (MACD) line laid over the signal line, signifying the upside momentum and an imminent bull run. Moreover, the Chaikin Money Flow (CMF) indicator, situated at 0.21, suggests an increased money flow and buying pressure, reflecting a favorable environment for buyers. Meanwhile, the trading volume has notably increased by 49.10%. The daily frame of XRP denotes the short-term 9-day MA above the long-term 21-day MA. Besides, the asset is situated in the overbought zone in the market, as the daily relative strength index (RSI) is settled at 75.51. If the XRP bulls intensify their efforts at the current trading pace, the price might break and climb above the $0.6990 mark. If this upside momentum persists, the asset will likely retest the subsequent resistance and might push the price higher. However, if XRP is heading into a bearish trajectory, the price might bottom to its recent low at $0.6307. Further loss in XRP may trigger the price to slide even lower.

Fake Zoom link phishing attack led to $6.09 million in stolen GIGA tokens. Malware installed on victim’s laptop drained crypto wallets, including 95.3M GIGA. A Gigachad (GIGA) token investor lost $6.09 million after falling victim to a phishing attack through a fake Zoom meeting link. The large-scale sell-off caused an unusual price drop in the GIGA token on November 12, sparking community speculation before prominent investor “Still in the Game” confirmed the incident. In a statement on social media, Still in the Game disclosed the phishing attack, explaining, “Just want to be transparent – the massive sell on GIGA today was due to one of my wallets being drained by a fake Zoom link. This hurts bad, but I will be back. I will always stay in the game.” This proactive warning highlighted the dangers of increasingly sophisticated phishing methods targeting cryptocurrency investors. Meanwhile, Crypto investigation firm Scam Sniffer detailed that the investor had clicked on a deceptive Zoom call link, which redirected them to a malicious website designed to extract sensitive wallet details. The phishing site then installed malware on the investor’s device, which the attacker used to empty three crypto wallets. Blockchain analytics platform Onchain Lens reported that the hacker drained 95.3 million GIGA tokens, worth $6.09 million. These stolen assets were quickly exchanged for 11,759 Solana (SOL), valued at around $2.1 million. And subsequently converted to stablecoins Tether (USDT) and USD Coin (USDC). The attacker then moved the stablecoins to an undisclosed wallet. It is with an additional 700 SOL transferred indirectly to the crypto exchange KuCoin. FBI To Step In In response to the theft, Still in the Game has engaged both the U.S. Federal Bureau of Investigation (FBI) and a forensic team to aid in tracking and recovering the stolen assets. Although recovery remains uncertain, the investor expressed optimism about recouping losses in the current bullish market cycle, stating, “I’m going to make it all back and more. Just watch me.” Phishing attacks are on the rise in the cryptocurrency space, impacting investors from meme coins to established assets. With digital assets’ popularity soaring, experts urge investors to remain vigilant against phishing and malware attacks. Highlighted News Of The Day Dogecoin Surges 50% and Hits 3.5 Year High as Bull Run Fuels Gains

A lot of limelight has been seen recently on Shiba Inu (SHIB) making it one of the hottest topics to consider in the cryptocurrency arena. The price of SHIB rose by more than 70% over the past week, to the delight of investors and dealers. The trading volume has surged to as high as 246%, reaching an unprecedented high of $6.18 billion, putting to rest doubt over where SHIB will trend next. SHIB & The Trump Effect Analysts however contend that the rise in SHIB can be ascribed to the rampant zeal witnessed in the cryptocurrency space fueled by some recent events in the US, including Donald Trump’s election victory, which has invigorated market sentiment – and his endorsement of Elon Musk for a proposed crypto department once he starts work as president. Amidst this anticipation, SHIB has set its sights on a rather steep growth curve. Currently situated a notch below where it should be, this degree of undervaluation points to the potential for a sharp uptrend within a few days from now. In the medium term, SHIB’s price forecast is rather optimistic given the projected 91.16% increase in the price over the next 6 months. This suggests that this meme token could be on an upward trajectory for quite some time as it cements its position among the leading crypto assets. Market Sentiment On The Rise The cryptocurrency landscape, on the other hand, paints a much broader and more optimistic picture, thereby raising a lot of expectations around SHIB. Market experts believe that the victory of Trump has created a market euphoria that complements the rally of Bitcoin and the rest of the digital assets and helps in the upward trajectory of SHIB. Whale Activity Indicates Interest Apart from market mood, on-chain data shows an increase in activity by important SHIB holders, known as “whales.” Data by IntoTheBlock shows that early November saw a notable rise in the volume of these high-value transactions—6.47 trillion SHIB overall. A high level of whale activity typically indicates a strong interest from significant investors, as they position themselves for potential future gains. An indicator that SHIB may be in for another round of price jumps is this pattern of accumulation among large participants. SHIB’s Route To A Significant Price Target Meanwhile, market observers are currently focusing on a potential target of $0.00081, which would represent a 306% increase from current levels, following recent technical breakouts and a confirmed concealed bullish divergence on the charts. Featured image from DALL-E, chart from TradingView

DTX Exchange and XRP are now becoming popular in the market for different purposes of investment since they provide distinct advantages to investors. DTX Exchange is currently notable for its hybrid trading system and has garnered attention through the presale of its tokens and usability considerations meant to contribute to trading without hitches. XRP however has been on an upward trend due to sentiments that the laws regarding the digital asset could ease after Donald Trump wins the presidency and therefore replaces Gary Gensler, the current SEC chair. XRP Eyes Potential Price Surge with Trump’s Stance on SEC Chair Gensler Currently, XRP’s price sits at $0.5 with fluctuations ranging from $0.49 to $0.53, and recently started to rise. The cryptocurrency has been on the rise in the last calendar year, rising more than 6% in the last week and appreciating in the past six months. XRP is trading within the $0.5250 level on its support, with the resistance levels at $0.55 and $0.60. The low value of the Relative Strength Index at times above 60, and the signs of upward direction and slope of the 10-day Simple Moving Average over the 100-day Moving Average affirm buying strength. Moreover, sentiment surrounding approval or rejection of regulations could boost the cryptocurrency’s demand, and consequently, its price, such as the case with both XRP and Bitcoin in the past. U.S. President Donald Trump who has voiced his desire to replace the current SEC chairman Mr.Gary Gensler may take the engorged organization in a new direction of dealing with cryptocurrency. This could help reduce pressure on XRP from regulators particularly when the SEC pursues an appeal in the Ripple case. These analysts are convinced that some adjustments could easily be made in an appeal case, leading to a massive upswing such as that which saw the XRP shoot past the $1 mark after similar decisions were made. Comparing XRP and DTX: Different Paths to Growth Despite the different nature of investment in XRP and DTX, the paths to potentially establish nickel are different. Currently, XRP has a significant market capitalization to be considered a highly volatile digital currency; its future largely depends on the new legislation. If the SEC were to change its approach, XRP was likely to experience massive value swings particularly if Crypto ETFs that have custody of XRP get the green light. This would increase institutional demand possibly leading to a breakout of its performance witnessed in July 2023 for XRP. DTX, on the other hand, is relatively new in the market to distinguish itself in fixing problems such as liquidity and security in the exchanges of tokens. The flexibility of the trading platform depends on the Economies of Scale, where the platform possesses characteristics of both Centralized and Decentralized trading platforms, making it ideal for most traders with their need for a variety of assets. Being an inactive project with plans for diversifying trading options beyond cryptocurrency, the growth potential of DTX may well be attractive to those who seek a versatile trading platform. DTX Exchange’s Hybrid Trading Platform Attracts Investors DTX Exchange is to be categorized as a Centralized Decentralized Exchange, which enhances the features of both CEX and DEX. This app provides an alternative to invest in cryptocurrencies, stocks, precious metals, indexes, and CFD trading for anyone who is looking for an all-in-one trading application. DTX has features such as non-custodial account setups, higher leverage of 1,000x, and better trading tools to help make both security and usability better. It is priced at its phase-four presale at $0.08 and is projected to be launched at $0.20. There are also staking rewards, having a say in the project’s democratically voting future, and getting a 75% bonus for when investors buy tokens during this phase of near-70% token sale. DTX prepares for competition with operating platforms by addressing liquidity problems and offering resources for automatic trading methods. Learn more: Buy Presale Visit DTX Website Join The DTX Community Whitepaper Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto 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.

“Are you, like us, thinking about the next PEPE?” We are thrilled to announce that MIGMIG will launch the upgraded version of its official website, migmigcoin.com, which is set to go live this week. The new site will provide an early look into their upcoming decentralized exchange(Migmigex) along with an exciting staking option for MIGMIG token holders. With these advancements, we anticipate that the value of the MIGMIG token will experience significant weekly growth in the near future. Stay tuned for more updates, and visit our official website for detailed information on what’s to come. About MIGMIG Coin: MIGMIG is dedicated to creating innovative blockchain solutions that empower our community and drive sustainable growth in the crypto space. Our mission is to build a reliable and rewarding ecosystem for our users and token holders. 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.

LBank, a leading global cryptocurrency exchange, concluded its highly anticipated Sunset Soiree event on November 11, 2024, co-hosted with 13Desk at the Yao Rooftop Bar in Bangkok, offering an unforgettable evening of stunning views, thought-provoking speeches, and an electric atmosphere that perfectly embodied the spirit of the crypto community. As a key highlight ahead of DevCon 2024, the event underscored LBank’s commitment to uniting thought leaders, innovators, and crypto enthusiasts from around the world. The event featured engaging speeches from prominent industry leaders sharing valuable insights into the future of blockchain and cryptocurrency, emphasizing the importance of collaboration, innovation, and community in driving the next phase of digital finance. These discussions sparked meaningful conversations among attendees, highlighting the event’s role in shaping the industry’s future. The presence of well-known crypto Key Opinion Leaders (KOLs) on X such as @talk99 and @BscNew_ further elevated the event, as they actively interacted with participants and shared their expertise, expressing optimism and excitement of the current cryptocurrency market. Their involvement not only added credibility but also fostered a dynamic exchange of ideas, reinforcing the Sunset Soiree as a must-attend gathering for anyone in the digital assets space. Guests were treated to a breathtaking sunset at the exclusive Yao Rooftop Bar, offering panoramic views of Bangkok’s stunning skyline. The picturesque setting served as the perfect backdrop for attendees to connect, share insights, and celebrate the unity of the global crypto community. Many guests were seen capturing the moment, taking photos against the mesmerizing sunset views, which became a hallmark of the evening’s unforgettable experience. The excitement reached its peak as several rounds of lucky draws added an extra burst of energy to the evening. Lucky winners were rewarded with exclusive prizes, including a luxurious Moodeng Trip and other surprise giveaways. The thrilling atmosphere of the lucky draws, combined with the event’s engaging conversations, created an electrifying energy that made the Sunset Soiree a truly memorable experience for all. As part of the exclusive offerings at the event, six lucky winners were awarded an exclusive package tour to visit Moodeng the charming hippo on Nov. 12, and enjoy a delightful lunch experience at The Sky Gallery, located on Pattaya’s stunning coastline. This exclusive trip promised breathtaking views and a serene atmosphere, giving winners a unique opportunity to relax and network in a truly extraordinary setting. Sponsoring and supporting the gathering are esteemed partners, including Donatuz, XPHERE, Scrax, KYEX, MANTA NETWORK, PENCILS PROTOCOL, PINN, KIP PROTOCOL, Cellula, Syrupal, Onchain AI, MemeCore, TUBES, MEETS, WhalerDAO, Coinchance, Gamespace, Haleylabs, OFFCHAIN GLOBAL, and BCGame. In addition, extensive media coverage from industry-leading platforms, including Bitcoin.com, TokenPost, U.today, Bee Network, MetaEra, CoinCarp, PANews, Jinse Finance, Dethings, MarsBit, Coin Republic, D Group, The News Crypto, Droom Droom, Bitmedia, The Blockopedia, Coin Edition, CryptoNewsZ, 528BTC, Cryptic, BD Ventures, Chain Times and Radarblock amplified the event’s excitement to a global audience. LBank’s Sunset Soiree marked a pivotal moment in the company’s efforts to strengthen its presence in the Southeast Asian crypto market. By fostering a relaxed and engaging environment, LBank successfully facilitated valuable connections and partnerships that align with its vision of driving innovation and community-building within the blockchain ecosystem. The event underscored LBank’s commitment to inclusivity, strategic collaboration, and industry leadership, positioning the platform for continued growth and success in global markets. Looking ahead, LBank is focused on expanding its reach through further strategic partnerships and market engagement. The company plans to deepen its focus on providing secure, efficient, and user-friendly solutions to crypto enthusiasts and investors, with the goal of driving widespread adoption of blockchain technology. Additionally, LBank is committed to supporting the development of decentralized finance (DeFi) and Web3 initiatives, positioning itself as a leading player in the next generation of digital finance. As the company expands its footprint in the crypto space, LBank set to continue fostering innovation, collaboration, and trust within the global crypto community. About LBank Founded in 2015, LBank is a leading cryptocurrency exchange renowned for its secure, innovative, and user-friendly services. Serving over 12 million users across more than 210 regions, LBank consistently ranks among the top 20 for spot trading and the top 15 for derivatives trading globally. The platform prioritizes fund integrity and actively supports the global adoption of cryptocurrencies. With a strong emphasis on community engagement and a seamless trading experience, LBank offers a comprehensive range of cryptocurrencies, including a dedicated focus on memecoins. Committed to advancing innovation in the blockchain space, LBank supports emerging projects and fosters a vibrant global crypto community for enthusiasts. About 13DESK 13Desk is a leading blockchain community media platform dedicated to promoting mass adoption and sustainability through education and strategic partnerships. By providing accessible resources, 13Desk empowers a global audience to navigate blockchain technology with confidence. Beyond education, 13Desk fosters collaboration and innovation, supported by a strong network of venture capitalists, thought leaders, and industry associations. Committed to positive change, 13Desk incubates promising ventures and aims to shape a future where blockchain technology transforms industries and societies for the better. 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.

Worldcoin has surged 23.55% in the last 24 hours reaching new trading levels. The altcoin’s daily trading volume surged by 79.14% as per CMC data. After nearly six months of speculations, the crypto market has finally witnessed the bull run that it was waiting for. With Bitcoin’s rally, altcoins have followed suit in the upward movement over the past week. In the last 24 hours, the community rejoiced at the market cap reaching closer to the $3 trillion mark. One specific altcoin, Worldcoin, also initiated its upward movement with a significant price surge. The altcoin has been maintaining upward movements in the past few days, however, particularly, in the last 24 hours, WLD has witnessed a price breakout. The altcoin’s daily chart shows a price surge of 23.55% surge causing Worldcoin to reach a 28-day high of $2.85. In the Asian afternoon hours of November 11, WLD was trading at a low of $2.15 before moving upwards to the current levels. At the time of writing, the cryptocurrency was trading at $2.63 as per CMC data. Zooming out, over the past week WLD has rallied by 53.63% rising from a low of $1.6. The token also surpassed the $2 milestone in the last 7 days. Additionally, the cryptocurrency also recently rebranded World and has launched its own blockchain. World Chain went live on October 17 as per reports. Will Worldcoin Rally to Further Highs? Inferring to technical indicators, WLD’s Moving Average Convergence Divergence (MACD) shows an existing positive trend as per TradingView data. The altcoin’s signal line recently crossed over the MACD line suggesting the above inference. Furthermore, the token’s bull power indicator value stands at 1.21 while its bear power indicator value is at a low of 0.78. WLD/USDT Daily Price Chart (Source: TradingView) These indicators and the prevailing external conditions in the market highlight expectations for Worldcoin to continue its upward rally. In such a case, the altcoin can be expected to face resistance at $2.65 and $2.96. Meanwhile, other altcoins such as DOGE and Solana have also factored in bullish movements in the last 24 hours. Highlighted Crypto News Today: Ethereum Bulls Eye $4K Milestone as Momentum Builds

Crypto analyst Ali Martinez predicted that the Dogecoin price could rally significantly, leading to double figures for DOGE. This comes as the crypto market continues to trend upward, with Dogecoin standing out as one of the top gainers. Dogecoin Price To Explode And Reach $18 In an X post, Martinez predicted that the Dogecoin price could explode by 4,500% and rally to $18. He stated that this will happen through a test of the middle or upper boundary of the channel, which puts the DOGE target at $2.40 or $18. Dogecoin will need to test the upper boundary to reach the $18 target, while only a test of the middle boundary will put the price at $2.40. In an earlier X post, Ali Martinez offered a more bullish outlook for the Dogecoin price. He predicted that the foremost meme coin could rise to as high as $23.26 in this bull run. He claimed that Dogecoin was about to go “parabolic” and cited historical patterns to prove why such a parabolic rally could happen. Based on historical patterns, the analyst stated that a potential top might lie between 1.618 and 2.272 Fibonacci levels, which would put the Dogecoin price between $3.95 and $23.26. Martinez also alluded to Elon Musk’s impact on Dogecoin when he previously stated that DOGE could reach $23 in this market cycle. The Dogecoin price has been on a massive bull run since Donald Trump won the elections, partly because of Elon Musk’s proposed Department of Government Efficiency (D.O.G.E), which would positively impact the meme coin. For context, the Doogecoin is up 139% since Trump’s victory. Update On The DOGE Bull Run Crypto analyst Master Kenobi, who rightly predicted the start of the Dogecoin bull run, has provided an update on what could happen next for the Dogecoin price. He stated that DOGE could range between $0.33 and $0.40 for a while before it pushes to its current all-time high (ATH) at $0.73. The analyst further remarked that there will likely be a potential rejection in the initial phase, which he claimed is welcome. This rejection will then be followed by a consolidation period of around one to two weeks, similar to the previous cycles. The analyst also raised the possibility that the Dogecoin price is already replicating its price action in the last cycle. If so, Master Kenobi remarked that this sets the Dogecoin price for a breakout and strengthens the probability of a continued upward trend. Crypto analyst Trader Tardigrade predicted that Dogecoin could rise to as high as $30 if it mirrors its price action in the 2021 bull run. At the time of writing, the Dogecoin price is trading at around $0.41, up over 48% in the last 24 hours, according to data from CoinMarketCap.

Dogecoin has surged by 51.94%, reaching a 3.5-year high at $0.41 as part of the ongoing crypto bull run. Dogecoin’s market cap rises $34.21B in a week, reaching $58.43B and overtaking XRP and USDC. For the sixth consecutive day, the global crypto market is buzzing with enthusiasm as the ongoing bull run propels major coins to new highs, with Dogecoin (DOGE) leading the charge. In the last 24 hours, DOGE surged by over 51.94%, reaching an intraday high of $0.41.98—its highest level over 3.5 years. This significant rally has extended Dogecoin’s year-to-date gains to over 140%, with the memecoin benefiting greatly from recent political events, including Donald Trump’s victory and a surprise Federal Reserve’s rate cut. In just one week, Dogecoin has added over $36.92 billion to its market cap, flipping XRP and USDC stablecoin to become the sixth-largest cryptocurrency, valued at $60.88 billion. (Source: CMC) Much of the excitement surrounding DOGE comes from Elon Musk, who continues to tease his involvement with the meme coin, even confirming leading the Department of Government Efficiency (D.O.G.E) if Trump claims a second presidential term. This speculation has fueled traders’ hopes that DOGE might gain even more mainstream attention and retail interest in the coming months. The current price surge has led DOGE to outperform nearly all top-ten altcoins and gain 156% in recent weeks. This price direction has led many analysts to predict that DOGE could experience a bull run similar to its 2021 performance and hit $1 by the end of this year. Dogecoin Technical Analysis Shows Bullish Outlook At the time of writing, the memecoin was trading at $0.4071, having a daily trading volume of $25 billion—spiked 45% in the last 24 hours. However, DOGE is still 44.8% below its all-time high of $0.7376, but the bullish sentiment remains strong. Dogecoin (DOGE) Price Chart (Source: TradingView) Technical indicators also support a positive outlook. According to the DOGE/USDT 4-hour trading pair, a Golden Cross has appeared as the 50-day MA crosses the 200-day MA. Further, the Chaikin Money Flow (CMF) at 0.25 indicates a positive accumulation of buying pressure, suggesting that there is more buying than selling activity, which is bullish for DOGE. But the RSI is an extremely high 92.19; there are signs that DOGE is in an overbought zone, indicating the potential for a short-term pullback. However, in a long-term target, DOGE might see a rise, possibly climbing to around $0.48 to $0.65 before potentially continuing downwards. If the bullish trend reverses, a breakout could push DOGE toward lower support levels near $0.2973 or beyond.