Solana, the leading Layer 1 blockchain platform, has at last overcome the critical $200 barrier, giving investors new hope. This milestone feeds expectations of more price increases and marks a turning point following a period of consolidation. Some optimistic market onlookers are viewing this price action as a sort of launching pad for long-term bullish trends. If the price breaks above the $200 level, Rekt Capital pointed out, the months-long downtrend of Solana might finally be over. Additionally, he said, for SOL’s advance to be fully absorbed, it must close the week above $202. Technical Indicators Reinforce Bullish Sentiment Several technical indicators are still confirming the positive tone, which prevails in Solana. Both the 50-day and 100-day Exponential Moving Averages are below the current price, displaying consistent upward movement with strong support in the last retracements, while the bullish crossover provides more significant reasons to continue the short-term up the medium-run channel. Its MACD recently crossed above the signal line, indicating that this upward movement might continue. Momentum is also provided by CMF as it shows a reading of 0.17. It represents the buying pressure, which is strong enough because the capital inflow is more than the outflow and hence indicates that investors are even more interested in the stock. The Relative Strength Index is an additional indicator that supports the present price movement of Solana. This indicates that SOL has adequate leeway for additional growth even if it is nearly at its overbought range. Together, the technical indications should provide a strong basis, indicating that Solana’s upward trend may continue as long as volume and investor sentiment are sustained. Potential Resistance And Future Market Projections While the performance of Solana in recent days looks good, it reaches a possible resistance point close to its former all-time high of $260. Market observers say that if SOL could continue its momentum and surpass this mark, buyers looking for a good entry opportunity for the bullish momentum may return to the market. Analyst CROW finds optimism in this argument and thinks that this may take it as high as $800 in 2024 as Solana has already taken from $25 to $260. However, other analysts recognize a “Bull Flag” pattern in the weekly chart of Solana. This is typical for a breakout following some consolidation. Since SOL broke up above $200, Titan of Crypto might call for a $1,400 target, which speaks well for the strong faith of the market in the long-term performance of Solana. Given all the technical indicators and analyst calls, there may be scope for further upside. With continued investor interest and healthy trade volumes, SOL will most likely test its recent all-time high of $260 or more in the next few weeks. Featured image from SOPA Images / Getty Images, chart from TradingView

Midland, Cayman Islands, November 10th, 2024, Chainwire Suirum, the latest meme-themed sensation on the SUI blockchain, is thrilled to announce the upcoming launch of its $SUIR token on Cetus Protocol, following a presale that has raised over 67,000 $SUI, with a few hours left before the pre sale concludes. Suirum is the first meme coin on the SUI blockchain. Unlike typical meme coins driven solely by hype, Suirum aims to bring innovation, community engagement, and sustainable value to the world of digital assets. The $SUIR token will officially launch on Cetus Protocol at a listing price 50% higher than the presale price. Suirum’s Features Suirum is embracing a community-first approach and offering a unique deflationary mechanism. With every transaction, a portion of $SUIR tokens are burned, reducing the total supply and increasing scarcity. This innovative tokenomics design can encourage long-term holding Additionally, 60% of the total $SUIR supply—equal to 600 million tokens—has been allocated to the presale, making this a community-driven initiative. This presale model has attracted interest, with Suirum raising 67,000 $SUI so far. Suirum Presale Details Token Supply: 1 Billion $SUIR Tokens Presale Allocation: 600 Million $SUIR Tokens (60% of the total supply) Presale Status: 67,000 $SUI Raised, Less Than 7 Hours to Go Listing Platform: Cetus Protocol, at a 50% higher price than the presale price How To Join Suirum Presale Here’s how users can join the presale: Setting Up a Wallet: Starting by setting up a SUI-compatible wallet, such as SUI Wallet or Suiet Wallet. These wallets are necessary for interacting with the SUI blockchain. Buying $SUI Tokens: Users will need $SUI tokens to participate in the presale. $SUI can be acquired from exchanges like Binance, Coinbase, or Bybit. For the Suirum Presale Page: Users can go to suirum.com/sale, click on “Buy $SUIR”, copy the presale address and send $SUI to secure their $SUIR tokens. Tracking the Contribution: Once a user has contributed, they can visit the leaderboard page to track their position. The Top 10 contributors will receive a 20% token bonus upon the end of the presale. Tokens will be distributed within 48 hours after the presale ends. About Suirum ($SUIR) Suirum is a meme project launched on the SUI blockchain. Its $SUIR token represents a new type of meme coins that are built for growth and community involvement. With innovative tokenomics, a deflationary supply model, and a vibrant community, Suirum is set to redefine the memecoin landscape on SUI. The upcoming listing on Cetus Protocol, with a price 50% higher than the presale, is the beginning of this journey. Users can stay up-to-date on Suirum by following on X (Twitter) or joining the community on Telegram and Discord. For the Suirum Presale page: suirum.com/sale. Contact CTO Charles Drimelo Suirum [email protected]

As the crypto bull run gains momentum, investors are on the lookout for affordable altcoins with high potential for explosive growth. Here are five low-cost options you should consider right now: Dogecoin (DOGE) Dogecoin is a meme-based project that has huge potential in the crypto world. Dogecoin is a digital asset that utilizes a custom proof-of-work consensus protocol to enhance instant payments on its ledger. Shiba Inu (SHIB) Shiba Inu aims to develop a huge ecosystem in the crypto industry. Shibarium is a layer-2 blockchain solution that focuses on DeFi applications. In addition, the project has enabled NFTs and staking options, looking to add real-world uses and attract many users. Cardano (ADA) Cardano is a blockchain-crypto project that has huge potential to reach 25X. Moreover, the Cardano team is working continuously on the project’s upgrade. Many developers and DApps, are migrating now to Cardano. This indicates the price of ADA will rise. Tron (TRX) TRON is a decentralized, blockchain-based operating system with smart contract functionality, proof-of-stake principles as its consensus algorithm, and a cryptocurrency native to the system, known as Tronix. 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 where asset investment chances are endless. 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. Rexas GenAI & DeFi: It is mainly utilized by artists who can use Rexas GenAI to develop and tokenize digital artworks, while Rexas DeFi allows users to swap digital assets across multiple networks with ease. Rexas Treasury: A multi-chain yield optimizer that enables users to earn compound interest on their crypto deposits, which adds one more layer of financial utility to the project. Despite all these features and benefits, Rexas Finance (RXS) has not reached any Venture Capital for investment, instead, the project began its presale on September 8, 2024. Furthermore, the total supply of RXS tokens is 1 billion. Rexas project has raised over $5.45M until now, with the fourth 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 Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

The Dogecoin price action since the beginning of the week has been nothing short of impressive. Notably, the price of Dogecoin has doubled in the past 30 days, with price data highlighting a 115% increase within this time frame. This impressive Dogecoin price rally has seen the meme coin break above $0.22 for the first time since April 1, which is more than seven months ago. Interestingly, this break means the memecoin price is now trading at its highest point so far in 2024. Furthermore, the Dogecoin price rally has seen many more holders crossing into profitability. Dogecoin 7-Month High Pushes Majority Into Profitability Data from IntoTheBlock indicates that the vast majority of DOGE holders are currently in profit thanks to the recent price rally. Particularly, IntoTheBlock’s profitability metric shows that 5.82 million addresses, representing 91.17% of the total addresses, are currently in profit. In terms of a specific buy zone close to the current price, the profitability metric from IntoTheBlock also shows that a majority (62.35%) of addresses that bought between $0.178537 and $0.242947 are making money at the current price. As we enter a new week, the price of Dogecoin faces two paths based on current market dynamics and holder profitability. One scenario is a substantial cool-off in the Dogecoin price rally. Although the price is on a rally streak, the recent attainment of a new 2024 high could see it challenges in surpassing key resistance levels. With a large number of holders now in profit, some may be inclined to sell and lock in their gains, which could introduce downward pressure on the price. If this wave of profit-taking exceeds buying interest, DOGE could experience a significant price pullback. On the other hand, Dogecoin may continue its rally, which would set the stage for further gains in the coming week. If buying momentum continues at this pace, Dogecoin could easily approach its all-time high of $0.7316 before the end of the year. At the time of writing, DOGE is trading at $0.2352 and is up by 11.5% in the past 24 hours. Analyst Says Dogecoin Will Reach $1.17 Soon Only time will tell whether Dogecoin’s price will sustain its upward momentum or enter a consolidation phase. Still in the interest of bullish momentum, a crypto analyst known pseudonymously as Mags (@thescalpingpro) on social media platform X has predicted a continued rally for the coin’s price. According to Mags, we are currently in a meme coin supercycle. Furthermore, the Dogecoin price chart shared by the analyst highlighted an upcoming parabolic rally for Dogecoin, as it looks to break out above a test pump earlier in the year. As such, Mags predicted a Dogecoin price rally with a target at $1.17, which would represent a 400% increase from the current price. “$DOGE pump will melt faces,” the analyst said. Featured image from Marly & Dan, chart from TradingView

Avalanche (AVAX) has surged over 40%, reaching a critical supply level that, if broken, could trigger a substantial rally. The recent surge has captured the attention of traders and investors who recognize the potential of Layer-1 blockchains as AVAX positions itself as a leading contender in the space. Among those following this development closely is top analyst and investor Kaleo, who recently shared a technical analysis with a bullish price target of $420 for AVAX. Kaleo’s optimistic outlook aligns with broader market sentiment as Bitcoin and Ethereum continue to rise, creating a favorable environment for blue-chip altcoins like Avalanche to make significant moves. The next few days will be critical in determining whether AVAX can push through this supply level and confirm its bullish trajectory. As more attention shifts toward AVAX and other high-profile altcoins, an aggressive upward move could soon follow, solidifying Avalanche’s status as a key player in the Layer-1 blockchain sector. Avalanche Rising Above Key Levels Avalanche recently surged above crucial supply levels, breaking through resistance points that had constrained its price for weeks, with the $30 mark emerging as particularly significant. This breakout has bolstered optimism for AVAX’s long-term potential, as it hints at a bullish shift in momentum. Top analyst and investor Kaleo has taken to X to share his technical analysis, displaying a detailed AVAX price chart with key levels highlighted. According to Kaleo, Avalanche’s potential in this cycle could drive its price to an ambitious target of $420, representing a remarkable 1,200% surge from current levels. For this bullish scenario to unfold, AVAX must maintain its current momentum and break past additional resistance. Specifically, the price needs to surpass the last higher high around $33, which would strongly confirm a sustained bullish structure. Clearing this level would likely increase market confidence and attract new investors, as the confirmed uptrend would signal a potential long-term rally. As AVAX continues its upward trajectory, investor interest in Layer-1 blockchain platforms like Avalanche grows, underscoring the broader market’s belief in the value of decentralized networks. If AVAX can successfully consolidate above $30 and break $33, it may open doors for substantial gains in this cycle. AVAX Technical Levels To Watch Avalanche is currently trading at $31.4 after breaking above its 200-day moving average (MA) at $28.1, marking a significant achievement in AVAX’s price structure. This move has brought AVAX into a critical supply zone that has restrained its growth since early June. For bulls aiming to confirm a sustained bullish trend, AVAX needs to exceed the $33 mark and establish it as a reliable support level. Holding this level could signal a stronger uptrend and attract additional investor confidence. However, a healthy consolidation phase could be beneficial at this point. A pullback to test the $29 level as support would reinforce market stability, allowing AVAX to gather momentum before attempting the next major push upward. For now, AVAX’s price action appears strong, and a breakout above $33 could set the stage for a long-term bullish phase in the altcoin market. Featured image from Dall-E, chart from TradingView

The price of Bitcoin showed a highly positive reaction to Donald Trump’s emergence as the next US President, gaining by 9.62% in the past week according to data from CoinMarketCap. Amidst this price rally, Bitcoin established a new all-time high at $77,252 on November 8 but has since retraced by over 0.5%. Commenting on the asset’s potential next movements, analyst Ali Martinez postulates BTC may be set for significant corrections which may present opportunities for reaccumulation. Bitcoin Likely To Fall To $69,000 – Here’s How In an X post on November 9, Martinez predicted that Bitcoin may finally record some significant price pullback, after days of bullish uptrend triggered by US election results and the Federal Reserve’s latest decision to initiate a 25 bps rate cut. Following the premier cryptocurrency’s descent from above $77,000, Martinez explains the price movement indicates a fall from a rising wedge which is a chart pattern that signals a potential reversal in an uptrend due to converging highs and lows. If this signal holds, the popular crypto analyst predicts Bitcoin could fall to around $73,900. Albeit, intense selling pressure could cause a further decline to $71,500, with $69,000 emerging as a strong support level in a worst-case scenario. Interestingly, Ali Martinez shares he has set buy orders at all these support regions as any potential price recorrection by Bitcoin presents a good opportunity for massive purchases at lower prices. This trading strategy emerges from the general belief that the Bitcoin bull season is still in its early phase despite significant price rallies in the past few weeks. Analysts continue to postulate a six-figure price target by the end of 2024, indicating potential for magnanimous price gains in the upcoming year. BTC Leverage Ratio Hits 2-Year High In other news, data from analytics firm IntoTheBlock shows that the ratio of Bitcoin’s Open Interest to its market cap is 5.93%, which is the highest value of this metric since the FTX collapse in November 2022. This development indicates that traders are holding a high level of leveraged positions, which can result in drastic volatility levels upon any minute price changes, thus adding to the growing sentiment around an incoming price correction. At the time of writing, Bitcoin exchanges hands at $76,740 following a 0.70% decline in the past 24 hours. Meanwhile, the assets trading volume is down by 44.63% and valued at $31.87 billion. However, the maiden cryptocurrency continues to retain global headlines following its 27.76% price gain in the last month, resulting in a market cap value of $1.51 trillion.

The emergence of Donald Trump as the president-elect of the United States has been one of the biggest catalysts the crypto market has seen this year. The meme coin market has largely benefited from the recent bullish sentiment in the crypto industry, with the price of Dogwifhat (WIF) also running rapidly to the upside. Although this spurt of bullish momentum has drawn the attention of traders and other market participants, several investors are still treading with caution while anticipating a brief pullback. However, a prominent crypto analyst believes it is time to buy and has come forward with an audacious projection for the price of Dogwifhat. Solana-based Meme Coin Dogwifhat To Rally 20% — Here’s How In a November 9 post on the X platform, crypto pundit Ali Martinez shared an exciting analysis of the WIF price, explaining that the meme coin might not be done just yet. Based on recent price action, the Dogwifhat token appears to be in line for a sustained upward price run. The rationale behind this projection is the formation of a bull flag pattern on the 4-hour chart. A bull flag pattern is a chart formation used in technical analysis and is characterized by a period of steep upward price movement (the flagpole) and a short period of consolidation or slight downward trend (the flag). The bull flag typically acts as a strong continuation pattern for an upward price trend. However, it is important to look out for a price breakout to the upside of the flag in order to confirm the trend continuation prognosis. As shown in the chart above, the price of Dogwifhat appears to be breaking out of the flag, suggesting the potential persistence of the upward trend. Should this breach be successful, it is worth noting that the breakout usually replicates the length of the initial flagpole. Using this first flagpole as a template, Martinez placed the price target for the Solana-based meme coin at $2.84, which represents a 20% increase from the current price point. WIF Price At A Glance As of this writing, the price of Dogwifhat stands at around $2.40, reflecting a 5.9% increase in the past 24 hours. This single-day action has further improved the meme coin’s performance on the weekly timeframe, bringing it up to 14.6% in the past seven days.

According to data from CoinMarketCap, Bitcoin (BTC) has gained by 0.66% in the past 24 hours with its market price now hovering close to $77,000. This slight price increase compounds an impressive performance in the last month during which BTC’s value has risen by 27.82%. As the crypto bull season appears to be kicking off, the popular Bitcoin Stock-to-Flow model has revealed a lofty price target for the largest digital asset. Why Bitcoin May Reach $500,000 In an X post on November 9, a pseudonymous analyst and developer of the Bitcoin Stock-to-Flow model shared a price prediction on the maiden cryptocurrency. For context, the Stock-to-Flow model is a popular market framework that forecasts BTC’s price based on projected scarcity. According to PlanB, data from this analysis model currently suggests that the crypto market leader will attain an average market price of $500,000 over the next four years with a projected price range of $250,000 – $1 million. The analyst explains that the Bitcoin bull season is still at an early stage as indicated by the red dots on the Stock-to-Flow model chart, despite the recent price rally induced by Donald Trump’s electoral victory and even the “fake-out” recorded in Q1 2024 following the Spot Bitcoin ETF launch. Aside from historical data, PlanB states multiple future events indicate BTC’s massive potential to attain the established price target. For example, the pseudonymous analyst references Trump’s intention to establish a National Bitcoin Reserve which may likely be enacted by Senator Cynthia Lummis’s proposed Bitcoin Act that will see the US purchase 200,000 BTC annually for the next five years. PlanB also highlighted Michael Saylor’s Microstrategy recently published objective to purchase $42 billion BTC by 2027. The market analyst explains that both massive acquisition programs would stimulate a high buying pressure on BTC which should translate to sharp price increases. In addition, PlanB states the Spot BTC ETFs have experienced enormous inflows, valued at $2.294 billion, since Trump’s election, which will only go higher in the coming months contributing to BTC’s demand. Importantly, the analyst kicks against doubting the Stock-to-Flow model despite Bitcoin attaining an average price of $34, 000 in the last cycle rather than the predicted $55,000 since the market model revealed a price target range of $25,000-$100,000. BTC Price Overview At the time of writing, BTC trades at 76, 745 reflecting a price gain of 11.85% in the past seven days. However, the asset’s trading volume has decreased by over 40% in the 24 hours reaching $28.33 billion. Related Reading: Rising Bitcoin Funding Rates Signal Market Optimism—But Is A Correction Looming?

The Notcoin price has been in red-hot form in the past day, and a popular crypto analyst on the X platform has offered an exciting update on his bullish prognosis for the altcoin. Is The Price Of NOT Making A Comeback? In a November 5 post on X, prominent crypto pundit Ali Martinez put forward an interesting bullish prediction for the price of Notcoin over the coming weeks. According to the analyst, the Telegram-based altcoin is primed for a rally before the close of 2025. This bullish projection is based on the formation of a falling wedge pattern on the NOT daily price chart. The falling wedge pattern is a technical analysis pattern that often consists of two converging trend lines; one connecting the price highs and lows. The wedge formation, which could be of the rising or falling modality, can signal the reversal or continuation of a price trend, respectively. However, the signal depends on the direction in which a break out of the wedge occurs. Specifically, the descending wedge pattern is formed by prices sliding in a downward trend, and a successful breach of the upper trend line would confirm a trend reversal. On the other hand, a continuation signal can be spotted if the price breaks beneath the falling wedge. As highlighted in the chart above, the Notcoin price has been in a falling wedge pattern over the past few months, suggesting that the downward trend is losing momentum. However, Martinez noted that the altcoin would need to breach a major resistance level at $0.007 to break out of the wedge. In a November 9 update, the price of NOT appears to not have only broken the $0.007 resistance but also out of the falling wedge pattern. While this bodes well for the altcoin’s price over the next couple of weeks, investors might want to watch the close of the weekly candle above $0.07. If the next few weeks do play out as Martinez has postulated, investors could see the Notcoin price to among its highs of July. Martinez pinpointed $0.012 as the target for the altcoin, which would represent a 78% rally from the current price point. Notcoin Price At A Glance As of this writing, the NOT token is valued at around $0.0076, reflecting an almost 25% increase in the past 24 hours. This sudden burst of bullish momentum places the Telegram-based token amongst the best performers in the past day.

SHIB burn rate jumps by 1323%, burning over 34 million tokens in the last 24 hours. 24-hour trading volume surged by 21.91%, reaching $634.89 million. The Shiba Inu burn rate has recently surged by 1323.66%, with 34,912,694 SHIB tokens burned within the last 24 hours. This burn rate spike is a positive indicator for SHIB holders, as reducing supply can lead to increased scarcity, potentially boosting the token’s value. Amid this development, SHIB has shown signs of a price recovery, trading at $0.00001947 and witnessing a 2.36% gain in the last day. As of today, SHIB’s price sits at $0.00001947, representing a 2.36% rise in the past 24 hours. The market capitalization has reached $11.47 billion, marking a 2.28% increase, indicating strong market confidence. SHIB’s 24-hour trading volume has jumped to $634.89 million, a substantial 21.91% surge, reflecting heightened investor interest. The market-cap ratio stands at 5.54%, suggesting that the recent price movements are backed by significant trading activity. What’s Next for SHIB? In the daily chart, SHIB’s 9-day moving average (MA) currently trends above the 21-day moving average, signaling a potential bullish crossover that could drive further price gains. Historically, this crossover pattern suggests upward momentum. The current 9-day and 21-day MAs stand at $0.00001815 and $0.00001805, respectively, both below the present price level of $0.00001947, adding further weight to the bullish sentiment. The RSI value, displayed at 61.19, indicates moderately strong buying pressure. An RSI above 50 typically shows bullish momentum, and if SHIB maintains or surpasses this level, it may continue its upward trajectory. The RSI average of 53.25 further supports a stable buying trend, although the coin is not yet overbought. This level leaves room for additional gains before RSI levels reach the 70 mark, which would indicate an overbought scenario. SHIB faces immediate resistance at the $0.00001950 level, with the next resistance level positioned around $0.00002000. If the price breaks above these key resistance points, it could target $0.00002100, potentially signaling a further rally. On the downside, immediate support is found at $0.00001800. A dip below this support level could bring SHIB down to $0.00001700, which may challenge the current bullish momentum. The burn rate’s massive increase, coupled with rising market participation, points to a strengthening SHIB price. Given the positive crossover in moving averages and an RSI comfortably above 50, the outlook remains cautiously optimistic. However, SHIB needs to breach the $0.00001950 and $0.00002000 resistance levels to maintain upward momentum and confirm a strong breakout. Highlighted Crypto News Today Crypto Founder Behind Bars For $400M Bitcoin Laundering on Darknet

In the last bull cycle, a savvy trader turned a modest $1,250 into a staggering $1,250,000 by carefully picking high-growth assets at just the right time. With the market heating up again in 2024, they’re scouting for the next big opportunities. Their focus? Promising altcoins with strong fundamentals, cutting-edge projects in DeFi, and tokens linked to real-world assets, which are predicted to bridge traditional finance with the crypto ecosystem. Rexas Finance is one of the promising project in the crypto space. Overview of 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 to 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. Rexas GenAI & DeFi: It is mainly utilized by artists who can use Rexas GenAI to develop and tokenize digital artworks, while Rexas DeFi allows users to easily swap digital assets across multiple networks. Rexas Treasury: A multi-chain yield optimizer that enables users to earn compound interest on their crypto deposits, which adds one more layer of financial utility to the project. With real-world asset tokenization and sustainable growth potential, $RXS offers more than just hype. Rexas Finance began the presale of the native token RXS on September 8, 2024. The total supply of RXS tokens is 1 billion. Rexas project has raised over $5.45M until now, with the fourth presale stage over. This presale event is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization. Rexas Finance’s $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. With strategic investments, these coins could be the ticket to a massive return during the next market cycle. 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 Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

US federal penalized Roman Sterlingov with prison and a ‘forfeiture money judgment’ for Bitcoin laundering. The convict headed operations of the darknet mixer for over a decade, starting in 2011. The Washington D.C. court sentenced Roman Sterlingov — founder of Bitcoin Fog, the “darknet’s longest-running cryptocurrency mixer” — to 12 years and 6 months for laundering over 1.2 million BTC in “dirty money” on the darknet. Along with his prison term, the court imposed a $395.6 million ‘forfeiture money judgment’ on Sterlingov. It also ordered him to forfeit seized cryptocurrencies and assets valued at approximately $1.76 million. The US DOJ alleged: In the official release, the DOJ confirmed that Bitcoin Fog received cryptocurrencies from illicit sources, such as drug trafficking, cybercrimes, identity theft, and child sexual abuse material on darknet marketplaces. Brief Summary of This Bitcoin Laundering Case Authorities reportedly arrested the crypto mixer founder in Los Angeles in April 2021, and they held him in custody for over three years. During the trial, the defendants, Roman Sterlingov and his lawyers, denied his involvement in the mixer’s operations and fee collection. During the trial, Sterlingov and his lawyers denied his involvement in the mixer’s operations and fee collection. However, the defendant’s attempt to prove his innocence did not convince the jury. After a month-long trial in March 2024, the jury convicted him of laundering $400 million in bitcoins (now $91.78 billion) via an “unlicensed money transmitting business.” The jurors found that Sterlingov operated the business from 2011 to 2021. Moreover, the 20- and 30-year sentence originally proposed was reduced to 12 and a half years. Significantly, market history records a few other crimes related to crypto mixing services. These include Larry Harmon, who led the crypto mixer Helix, and Ilya Lichtenstein, who was linked to the 2016 Bitfinex hack. Meanwhile, Tornado Cash developers Alexey Pertsev and Roman Storm have their trial supposedly in April 2025. Highlighted Crypto News Today Bitcoin Hits a New All-Time High Surging

Ethereum (ETH) has reclaimed the $3,000 mark, breaking a three-month consolidation phase. The recovery comes as the crypto market gains bullish momentum, fueled by BTC’s new all-time highs. After weeks of consolidation, Ethereum (ETH) has finally broken free, climbing back into the $3K zone for the first time in nearly three months. This surge comes as Bitcoin (BTC) recorded a fresh all-time high ($77,252) for the third day in a row, sparking a wave of optimism across the crypto market. Ethereum’s recent rally reflects growing interest, with ETH’s open interest in futures climbing to $16.84 billion—just shy of its all-time high of $17.09 billion, reached in May. Following this, market speculation is building around the possibility of ETH revisiting the $4K mark by the year’s end. ETH Futures Open Interest (Source: Coinglass) Further, the asset’s upward momentum has intensified by Donald Trump’s recent election victory and a favorable 25-basis-point rate cut by the Federal Reserve, which has improved crypto’s appeal as an investment option. To validate this, Ethereum’s 22% gain this week has made it the best-performing asset among major cryptos, with ETH reaching an intraday high of $3,060 from a low of $2,893. ETH currently holds 14% dominance in the market, and the global crypto market cap has risen by 4% in the last 24 hours to $2.5 trillion. Ethereum Eyes $4000 Breakout Amid Bullish Indicators According to the ETH/USDT trading pair, the technical indicators show Ethereum is in a strong position on the daily chart. Currently, the altcoin is trading above a critical resistance level, sitting above both the 50-day and 200-day moving averages (MA). If ETH holds this level around $2,955, it could signal the start of a sustained uptrend, possibly targeting $3,155—an initial Fibonacci level that could lead ETH even higher to $3,480. Ethereum (ETH) Price Chart (Source: TradingView) However, an RSI of 72 signals a potential overbought condition, which may prompt a reversal or pullback, though a strong uptrend could still support further gains. Further, Ethereum’s Chaikin Money Flow (CMF) points to moderate buying pressure, investors remain cautiously optimistic. If support holds, Ethereum may continue its path toward a long-awaited breakout above $4,000. But a pullback to the $2,400 level could be in store if bullish momentum fades, bringing the asset back to lower support zones. Highlighted Crypto News Today Vitalik Buterin Envisions a Wider Scope for Prediction Markets

Cardano (ADA) faces heightened uncertainty as its price continues to stall. This lack of momentum has left investors questioning its recovery potential, as the token remains trapped in a tight consolidation range. As a result, analysts are recommending FX Guys ($FXG), for its stronger growth potential and higher returns. FX Guys combines the strengths of decentralized finance (DeFi) and traditional finance (TradFi), using advanced tools that focus on security, privacy, and fairness. With over 98.7 million tokens sold in its presale, $FXG has established a solid market presence. These factors position FX Guys as one of the best crypto trading platforms, offering significant ROI for investors. This article explains why analysts recommend FX Guys as a promising alternative for stronger returns amid Cardano’s uncertainty. >>>BUY $FXG TOKENS HERE<<<< Cardano (ADA): Facing Uncertain Future Amid Ongoing Price Consolidation Since early October, Cardano’s price has moved steadily within a set range. This period of consolidation is expected to persist as market conditions remain stable. Analysts advise investors to prepare for ADA to stay in this range unless a significant event alters market dynamics. The price outlook for Cardano appears bleak without strong catalysts, raising concerns among investors. The lack of bullish momentum complicates predictions about its next moves. Consequently, many are seeking alternatives like FX Guys for better potential returns. FX Guys ($FXG): Empowering Investors through Community Engagement and Governance FX Guys is quickly becoming one of the best crypto trading platforms, gaining attention from investors and analysts. This community-focused platform simplifies trading across various assets and provides crucial funding options. Its trade-to-earn model rewards users with $FXG tokens for every trade, enhancing the trading experience. For those considering which crypto to buy today for long-term investment, FX Guys offers tailored features. Users can stake their $FXG tokens to earn passive income. This ERC20 coin also allows them to participate in governance, giving investors a voice in shaping the platform’s future. FX Guys tackles common problems found in traditional trading platforms, like slow payouts and unreliable brokers. This innovative model places FX Guys as a market leader and a strong investment prospect. Offering real trading capital, allows traders to execute strategies more effectively, making it a compelling investment option. >>>BUY $FXG TOKENS HERE<<<< FXGuys ($FXG): Redefining Crypto and FX Trading for Maximum Growth FX Guys is revolutionizing access to some of the world’s most liquid markets through its focus on crypto and FX trading. Its Trader Funding Program removes key barriers that have traditionally limited retail traders. This innovative model positions FX Guys as one of the best altcoins for the next bull run, drawing interest from those seeking reliable trading options. The proprietary FX Guys Trader platform offers advanced analytics and advanced technology. It prioritizes strong security and Web3 capabilities, poised to make a significant impact on the global forex trading market. For those wondering which crypto to buy today for long-term returns, FX Guys integrates professional trading software, a prop firm model, and the $FXG token, presenting a sustainable framework for the digital era. FX Guys’ presale has shown remarkable growth, highlighting the growing adoption of its native $FXG token. Structured into six presale phases, it invites investors at any budget level, especially those seeking the best altcoins for the next bull run. With initial prices starting at $0.03 and expected increases in upcoming phases, FX Guys presents strong potential for substantial returns, making it an appealing choice for investors. Final Thoughts As Cardano faces uncertainty and stagnation, it’s the perfect moment to explore the promising opportunities presented by FX Guys. This innovative platform streamlines trading across multiple assets and features a unique trade-to-earn model that rewards your active participation. Explore the opportunities at FX Guys today and take the first step toward securing a more profitable future. To find out more about FX Guys follow the links below: Website | Whitepaper | Socials | Audit Exclusive FX Guys 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 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.

Experts are confident that Shiba Inu could potentially undergo a massive price surge on the back of a positive overall outlook on cryptocurrency. Donald Trump’s victory in the recently concluded US election brings waves of optimism in the cryptocurrency market which SHIB Inu can ride on to propel it to a 306% price hike. Shiba Inu: Explosive Growth A market analyst predicted that the price of Shiba Inu could soar by at least 306%, as the entire cryptocurrency market is going on an overdrive excited by the results of the US elections. In a post, analyst Javon Marks said that it could potentially hit the $0.00081 mark, adding that this price surge is imminent for the meme coin and being forecasted to happen really soon. Data showed that the meme coin has formed a Hidden Bull Divergence pattern. Reports explained that the Hidden Bull Divergence is a bullish indicator that usually occurs before a price rally happens. Moreover, analysts said that the cryptocurrency has already breached the consolidation phase which could beef up the bullish outlook for the meme coin. Shiba Inu-Bitcoin Relationship Analysts pointed out that there is a relationship between the price movement of Shiba Inu and Bitcoin, saying that any price movement with Bitcoin could also mean price movement for the meme coin. It is a correlation being monitored by many analysts as Bitcoin prices are soaring on the back of the newfound optimism on the overall crypto market. In previous reports, analysts discussed that Shiba Inu usually trails the price movement of Bitcoin, showing that there is a strong correlation between the two cryptocurrencies. They noted that whenever Bitcoin collapsed, the meme coin’s price also went down. Hence, any massive hike in Bitcoin could propel Shiba Inu into exponential growth. Many market observers are predicting that Bitcoin is on track for a massive price surge and in the last few days, the firstborn crypto has been hitting an all-time high price per coin. Therefore, BTC’s predicted price movement could also push Shiba Inu to its projected price. $118 Billion Market Cap Seen Meanwhile, analysts suggested that the market capitalization of Shiba Inu would soar and its price would increase by 950% once the market valuation of the global cryptocurrency reaches the $10 trillion mark. Market commentators said that if the $10 trillion market cap happens, the meme coin would be traded at $0.0002 and elevate its market capitalization to $118 billion. As of writing, the total global market capitalization of the crypto sector is pegged at $2.61 trillion while the current market cap of Shiba Inu is about $11.21 billion. Featured image from Chewy, chart from TradingView

Chainlink (LINK) is currently experiencing significant momentum in the cryptocurrency market, leading to speculation that its value may increase to $30 in the near future. LINK, which is currently trading at approximately $13.45, has recently experienced a surge in price momentum, which is attributed to a number of critical factors that indicate additional upside potential. Analysts especially find great interest in the technical framework of the token, whale activity, and more general market movements. Whale buildup, lower exchange supply, increased on-chain activity, and bullish derivatives data favor Chainlink. If the bullish flag pattern breaks, World of Charts predicts LINK price might challenge $30 in the following weeks. LINK breaching the $30 threshold would cause the crypto currency to surge 125%. Whale Accumulation, Incentive For Optimistic Sentiment? Increased whale activity is one of the primary factors contributing to the recent price movement of LINK. Over the past seven weeks, significant holders of the token, with balances varying from 100,000 to 10 million LINK, have amassed a staggering $370 million in LINK. This marks the highest accumulation in three months, amounting to an 8.2% increase in holdings. Whale accumulation is frequently perceived as an indication of optimism regarding the health status of a token, as these investors are inclined to maintain their positions for an extended period. More whale action is likely to have an effect on how people feel about the market as a whole. As moneyed individuals buy more LINK, regular buyers may do the same, which will raise its value even more. Since the price recently broke above $13.30 it has already sparked more interest in buying. In the event that LINK stays above this level, it might help the price rise toward $30. Getting Ready For A Price Increase One more thing that might make the price of LINK go up is that there is less pressure to sell on platforms. According to CryptoQuant data, LINK has seen a big rise in withdrawals from exchanges. On November 8, it hit a 30-day high. Token removal from exchanges usually suggests that holders are not expected to be making any quick trades, thereby suggesting that the market is undergoing tightness. Given few tokens on exchanges, the price may climb quickly in reaction to any demand surge. The declining sale pressure and the higher whale activity prepare the surroundings for a price explosion. If more investors start seeing LINK as a long-term investment—especially if demand keeps surpassing supply—the token may appreciate even more. Chainlink Development Activity Conducive To Long-Term Expansion Apart from price behavior, Chainlink’s continuous expansion is another crucial factor inspiring individuals. The network’s creators have greatly stepped up their work; development activity in only the past month has surged by an astounding 4,000%. Meanwhile, the partnership with financial giants like Swift, Euroclear, or UBS could only prove that Chainlink is a relatively new ally for aiding the financial sector in dealing with data fragmentation. Chainlink’s real-time validation through the oracles of data might find it at the forefront of decentralized finance based on AI and blockchain. The more institutions begin to use Chainlink technology, the greater the utility and value, which can help back up sustained prices on the token. Chainlink does look rather well-positioned for a potential rally in the near term, especially if ongoing development and whale accumulation continue to take place, combined with very strong technical indicators. Featured image from Pexels, chart from TradingView

The Bitcoin price could see its second massive breakout in this current market cycle, as a crypto analyst has predicted a peak above $150,000 for the pioneer cryptocurrency. This bullish forecast comes on the heels of Bitcoin’s previous All-Time High (ATH) this month when it surpassed the $75,000 mark. Bitcoin Price Peak Set Above $150k In just 2024, Bitcoin has reached three major all-time highs, making a historic move for the cryptocurrency. Earlier in March, the cryptocurrency crossed the $73,000 level, hitting a new ATH. A few days after the November United States (US) Presidential election, the cryptocurrency exceeded expectations with a massive rally to an ATH above $75,000. Today, Bitcoin just hit a fresh ATH, surpassing the $77,000 price level. Each of these ATHs were primarily spurred on by different market factors, with the March price high fueled by the launch and surging demand for Spot Bitcoin ETFs and the November ATHs triggered by the market sentiment following Donald Trump’s reelection as the 47th President of the United States. Considering these major market moves, a crypto analyst, identified as Titan of Crypto on X (formerly Twitter), has released Bitcoin’s second most critical breakout of this market cycle. Sharing a detailed chart of Bitcoin’s price movements from 2013 to the present, the analyst highlighted a projected path for BTC to reach a market peak above $160,000. The analyst predicted that the price of Bitcoin could surge between $160,000 and $230,000 by 2025. Titan of Crypto based this bullish prediction of Bitcoin’s market peak on the cryptocurrency’s historical price action. Based on the chart, the analyst showed that Bitcoin hit a “2nd breakout” between 2016 and 2018, leading to a price surge of $12,679. Similarly, in the following market cycle, Bitcoin hit another second breakout between 2019 and 2021, triggering a price increase to $50,509. With the same breakout pattern in this current market cycle, Titan of Crypto has set Bitcoin’s next bullish target and price peak above $160,000. This considerable surge represents a 109% increase from its current price of $76,559 and a 107% increase from its present ATH. Analyst Says Bitcoin Price To Hit $100k By December Crypto analyst Trader Tardigrade has also revealed a bullish forecast for the Bitcoin price on X. Presenting a chart comparing Bitcoin’s price action in 2023 and 2024; the analyst denoted that BTC is on track for a significant pump as it mirrors bullish moves seen in the previous year. Based on past trends, Trader Tardigrade has predicted that Bitcoin will reach $100,000 by early December 2024. In his price chart, the analyst has highlighted a potential price increase above $180,000 for Bitcoin by 2025. Featured image from Forbes, chart from TradingView

The momentum is on Bitcoin and crypto’s side, and it wouldn’t be surprising if the price surge continues until the end of the year. One of the biggest drivers of the current performance of Bitcoin is the election of Republican Donald Trump. Trump’s rhetoric and friendly pronouncement on crypto helped propel the asset’s price past $76k, beating this year’s March record. Now, many market analysts remain bullish days after the US elections. Thomas Lee, CNBC contributor and the CIO of Fundstrat Capital, even pushed a bolder claim, saying that Bitcoin could trade in six digits by year’s end. Lee states that the current market and political environment favor the top coin and expects more upside for digital assets. Trump’s Election Boosts Crypto Industry This Friday, the Fundstrat Capital CIO shared his thoughts on Trump’s elections and BTC’s future at CNBC’s Squawk Box. In the same discussion, Lee shared that Bitcoin and most altcoins will have a price rally in the short term. Lee shared that right before the elections, the global markets faced plenty of uncertainties. However, with Trump winning the US elections and his favorable proposed policies on Bitcoin, the crypto industry can expect better days. Lee added that changes in regulations and pro-crypto policies could power the digital asset’s short run. He also credits Trump for his experience as a former president, which can help him better navigate future challenges. With Trump’s support and a favorable market environment, Lee reflects on his initial target of $150k for BTC, saying this is possible. Bitcoin, Digital Assets Can Help Offset US Debt One of Trump’s campaign promises is to cut the country’s growing budget deficit, which now stands at more than $35 trillion. Lee explained that it’s difficult for Trump to cut taxes and spending to address the deficit. Instead, Lee sees Bitcoin as the key to solving the country’s growing budget deficit. He sees the potential in BTC as a future Treasury asset, noting its increasing market value over the years. Interestingly, Trump has also explored the idea, saying that as president, he can arrange the country’s budget woes by handing “a Bitcoin check.” Bitcoin Act Gaining Momentum After The US Elections Before Lee’s comments, there had been discussions on Bitcoin’s growing role in the country’s financial system. Senator Cynthia Lummis filed a bill, the Bitcoin Act, to legitimize the crypto asset as an economic asset. According to Senator Lummis, Trump’s win will favor the push to make Bitcoin an asset to help combat economic uncertainties. One of the bill’s recommendations was to hold up to 1 million BTC over five years as a hedge against inflation. Featured image from UpFlip, chart from TradingView

Cardano (ADA) has made a significant move, breaking above the long-standing $0.40 resistance and reaching a key supply level at $0.45 after an impressive 42% surge over the past few days. This breakout is sparking fresh optimism among investors who have been waiting for ADA to demonstrate sustained strength. According to recent data from Coinglass, ADA’s funding rate has risen to levels not seen since June, indicating strong demand and suggesting that this rally could only be the beginning of a larger trend. This rising funding rate points to increased leverage in the market as traders grow more bullish on ADA’s potential for further gains. If ADA holds above the $0.40 mark, it could establish a new support level, reinforcing its recent uptrend and opening the door for even higher targets. However, the next few days will be crucial as the crypto market continues to rise, with key resistance and support levels in play. As traders closely watch ADA’s price action, it remains to be seen if this surge can sustain the momentum and push Cardano toward new highs. Cardano Is Starting To Rise Cardano has staged a powerful rally after months of selling pressure, marking its first major bullish move recently. With a push above crucial resistance levels, ADA has not only shaken off its downward trend but has also set up a new bullish price structure. Recent data from Coinglass underscores this bullish sentiment, showing that the open interest (OI)-weighted funding rate for ADA has reached its highest level since June. This surge in funding rates is a strong indicator of increased optimism among investors, as traders are willing to pay a premium for long positions, betting on Cardano’s continued rise. The positive funding rate implies that ADA demand is on the rise, with market participants eager to enter bullish trades. This breakout above key levels is attracting substantial interest from both retail and institutional investors, who are now positioning themselves for potential further upside. Many analysts suggest that this pump could serve as the catalyst for a more extended bullish continuation if Cardano can maintain its momentum. While ADA will need to establish new support at its breakout levels to confirm this trend shift, the recent uptrend signals renewed confidence in Cardano’s long-term potential. As ADA continues to push upward, traders are now watching closely for a consolidation phase, which could provide the fuel needed for the next leg of this rally. If support holds around these levels, Cardano could be on the brink of a broader uptrend, making it a key altcoin to watch as the market recovers and interest in high-potential assets resurges. ADA Price Action: Key Levels To Watch Cardano (ADA) is currently trading at $0.43, following a strong surge that took it above the 200-day moving average (MA) at $0.39—a crucial level indicating long-term strength and trend reversal. This move above the 200-day MA suggests that bulls are in control, setting the stage for potential further gains. To sustain this momentum, it’s essential for ADA to hold above this moving average as support, reinforcing the bullish outlook. The recent price action remains very positive, with ADA consistently pushing to challenge new supply levels. The next key target is $0.458, a resistance level that, if broken, could open the door to even higher price marks. However, a brief retracement to lower demand levels around $0.415 would be a constructive move, allowing ADA to build a solid foundation before another potential rally. This controlled pullback could attract fresh buying interest and provide the necessary fuel for ADA to move further upward. Overall, with price action aligning with key technical indicators, ADA’s recent surge above the 200-day MA highlights a promising shift for the asset, with further bullish developments likely if critical support levels hold firm. Featured image from Dall-E, chart from TradingView

The victory of Donald Trump in the US presidential election has been confirmed, leaving cryptocurrency investors speculating about the impact on Bitcoin’s price trajectory in the next four years. Interestingly, the market has already been given a taste of the possible effects. In fact, the mere news of Trump’s win has pushed the Bitcoin price into uncharted territory. Since the announcement, Bitcoin has surged, reaching a recent peak of $77,239. According to a crypto analyst, the Bitcoin price has always rallied after US elections, but the price surge tends to be even more pronounced after a Trump win. Can The Trump Win Continue To Push Bitcoin Price Upwards? Crypto analyst Tony “The Bull” Severino, CMT, recently took to social media platform X to highlight an intriguing historical pattern between Donald Trump’s presidential victories and Bitcoin’s price movements. According to Severino, while Bitcoin has consistently rallied following US elections, the price surge was especially pronounced when Trump was first elected in 2016. Severino backed up his analysis with data from Bitcoin’s November 2016 performance on the two-month candlestick chart. At that time, Bitcoin was trading at approximately $725. After that election, the Bitcoin price went on to create seven consecutive bullish candlesticks following Trump’s win, setting off a remarkable rally that continued into 2017 and laid the foundation for Bitcoin’s ascent to its then-record highs. Now, with Bitcoin currently trading around $76,000 in the wake of Trump’s latest victory, Severino speculates whether the cryptocurrency could replicate this historical pattern. Interestingly, the analyst believes a repeat of this run could happen with Trump’s win, and Bitcoin could now make its move toward $100,000 per coin. Will Bitcoin Soar To $170,000 This Cycle? Still in the spirit of a bullish crypto market after Trump’s win, Tony Severino mentioned the possibility of the Bitcoin price soaring to $170,000 in the coming months. In another technical analysis, Tony highlighted the Bitcoin price action from October 2023 using Elliott Waves. According to this outlook, Bitcoin is about to start a fifth impulse wave, which is known to be the third and last bullish wave. With this in mind, the analyst pointed to Bitcoin pushing to reach $170,000 in 2025. “Are you prepared?” he asked. At the time of writing, Bitcoin is trading at $76,450, having established a new all-time high of $77,239 in the past 12 hours. The streak of all-time highs seems like it isn’t stopping anytime soon, as the market continues to reel in bullish momentum. For now, the early indicators and price sentiment suggest that the Bitcoin price is gearing up for a new wave in light of Trump’s win. This rally could continue on at this pace and shoot up massively when Trump is sworn into office in January 2025. Featured image from Investopedia, chart from TradingView