Analyst Tony Severino has revealed that the Bitcoin price currently has a ceiling of $137,000. This has raised questions about whether this is the highest point that the flagship crypto can reach in this market cycle, and the analyst also provided some answers. Bitcoin Price Ceiling Is At $137,000 Tony Severino mentioned in an X post that the current ceiling for the Bitcoin price is $137,000, while its floor is around $39,000. He noted that investors could double their investments from Bitcoin’s current price if the crypto reached this target. Meanwhile, a decline to the current floor represents a 50% drop. When asked if the $137,000 was the target for the bull top, the analyst responded that his target was between $160,000 and $180,000. He remarked that $137,000 is just the ceiling as of this month and rises as time goes by. As such, his $180,000 market top target could become more feasible in the next few months. While it remains to be seen whether the Bitcoin price could reach this $137,000 ceiling or even the $180,000 bull top target, it is almost certain that the flagship crypto might never drop to the $39,000 floor again. This is based on historical trends that show that Bitcoin never falls below its pre-election level after the US presidential elections have concluded. Therefore, the next leg of the bull run has likely begun, and the flagship crypto will likely continue to hit new highs in the coming months. In an X post, crypto analyst Jelle revealed that the Bitcoin price has resumed its uptrend after seven months of sideways action. He added that it shouldn’t be long before the falling wedge pattern on Bitcoin’s chart plays with a rise to $100,000, the potential target. The Most Bullish Background For Bitcoin At The Moment Crypto analyst CrediBULL, who had before now been bearish, said that this could arguably be the most bullish background for Bitcoin, with the elections over and Donald Trump’s victory. He added that if these are the fundamentals driving the market, then the Bitcoin price is unlikely to drop to $68,000 again. He also suggested that this might be the perfect time to become bullish on the Bitcoin price as the run to $100,000 might have begun. However, he warned that any violations of the $68,700 level would “drastically” weaken the bullish argument and strengthen the bear case further. Analyst Justin Bennett also commented on the potential Bitcoin price rally to $100,000. He said that if risk assets can survive the Fed’s FOMC meeting today, this could be the move to $100,000 everyone has waited for. At the time of writing, the Bitcoin price is trading at around $74,800, up in the last 24 hours, according to data from CoinMarketCap.

Recently, Shiba Inu (SHIB) has exhibited promising momentum, thereby attracting the attention of both investors and traders. After achieving a significant 30-day high, SHIB has embarked on an upward trajectory, leading many to speculate about its potential to attain new heights—perhaps even its all-time high (ATH). With increasing buying volume, confidence in SHIB’s future is growing. Some individuals are beginning to believe that this could signal the onset of something more substantial; however, there remains a crucial obstacle: a resistance level at $0.00001900, which must be overcome. Shiba Inu: Breaking Through Resistance SHIB needs to break out above this zone of resistance, thus keeping the upward momentum intact. It has acted as a barrier in the past and hence inaccessible for SHIB to record more. If successful at breaking through, there is high hope for higher levels-and that may just kindle the hopes among investors that anticipate SHIB to test its all-time high again. A significant volume break at this level would, however, bolster the bullish sentiment. Conversely, if it fails to overcome this obstacle, SHIB might encounter a pullback toward its support levels, which are around the 50-day moving average, where it could consolidate and gather strength for another attempt. A More Favorable Market Environment? The timing of this likely breakout also looks pretty good in the context of a much larger, more favorable market environment. With the US elections out of the way, political uncertainty has diminished significantly, and investors appear to be willing to take on risk once again. This has caused a “de-risking” environment, and the asset here is a beneficiary. The overall crypto market is slowly showing a recovery trend, and it will bode well for SHIB in the long term. This would be especially true if short-term runs continue to favor SHIB. The next week to 10 days will be pivotal as to whether SHIB can sustain this trend or not. Bold Vision Besides the technical details, there is a vision for the future of Shiba Inu. Recently, principal developer Kusama introduced an ambitious initiative designed to place the US as a global leader in blockchain technology through “Strategic Hub for Innovation in Blockchain” (S.H.I.B.). This project that has the potential to convert US into the “Silicon Valley of Crypto” will aim at attracting blockchain talent, stimulating innovation, and generating employment. However, despite these requiring hefty investments estimated between $1.3 billion and $2.35 billion for the next decade, it shows the growing ambition behind Shiba Inu and its much bigger role in the fast-changing blockchain landscape. At present, if it can break through the critical technical barriers and the market remains favorable, there is always the potential for significant growth down the line. Statistics from CoinCheckup indicate a six-month prediction increase of 107% for the meme coin, with a one year forecast of 77%. Featured image from blog.shib.io, chart from TradingView

Bitcoin (BTC), the leading cryptocurrency by market capitalization, surged to a new all-time high of $76,800 buoyed by the recent US presidential election which saw Donald Trump secure another term in the White House and a more favorable monetary policy from the US Federal Reserve (Fed). Fed’s Second Consecutive Rate Cut On Thursday, the Federal Reserve announced its decision to cut its benchmark overnight lending rate by 25 basis points to a target range of 4.50%-4.75%, adding to the bullish sentiment surrounding crypto prices. This marks the second consecutive rate cut, following a half-percentage point reduction in September. The unanimous vote at this meeting, which included participation from Governor Michelle Bowman, reflects a shift in the Fed’s approach to balancing inflation control with labor market support. In its post-meeting statement, the Federal Open Market Committee (FOMC) noted a revised assessment of economic risks, indicating that the outlook for achieving employment and inflation goals is now seen as balanced, a departure from the previous month’s more optimistic stance. Crypto analyst Doctor Profit commented on the recent surge in both stock and crypto markets, suggesting that the price increases were in anticipation of the Fed’s rate cut. He predicts that continued rate cuts in the coming quarters could further drive up prices for both stocks and cryptocurrencies. Positive Trends For Bitcoin And Ethereum Post-Election In an exclusive interview with NewsBTC, Nansen’s Principal Research Analyst, Aurelie Barthere, highlighted that Bitcoin rise above its previous all-time high, coupled with high trading volumes, signals a strong positive momentum in the market. The analyst noted a period of “de-risking” in the run-up to the election, likely influenced by unfavorable polls for Trump, but observed a subsequent rush to “re-risk” as confidence returned following the election result, further evidenced by the rise in prices. Barthere also pointed out that the Republican victory in the House of Representatives could further amplify this rally. However, she cautioned that profit-taking may occur in the coming weeks as new policies are tested, particularly regarding the potential political pressure on the US SEC chair to step down. The analyst pointed out that Ethereum is also gaining traction as expectations rise for a resurgence in decentralized finance (DeFi). Barthere noted an interesting uptick in the ETH/BTC price ratio, accompanied by significant net inflows into Ethereum exchange-traded funds (ETFs), totaling $52 million on the day of the election results. The analyst suggests that these continued inflows into the recently approved ETF market are seen as indicative of broader retail interest in the second largest cryptocurrency, which she ultimately believes has yet to see significant adoption. At the time of writing, Bitcoin was trading at $76,629, up nearly 10% in the seven-day time frame. Similarly, ETH has also seen significant gains, rising 14% in the same period to reach a current price of $2,885. Featured image from DALL-E, chart from TradingView.com

Solana is making waves in the market as bullish sentiment propels it toward the crucial $194 resistance level. With positive pressure on its side, SOL is drawing attention from investors eager to see if this push will mark the beginning of a major breakout. A successful breach of $194 could set the stage for a substantial rally, highlighting Solana as a key player in the current market upswing. With SOL edging nearer to the pivotal $194 level, this analysis delves into its breakout potential at this key resistance point, examining the upside movement driving the price upward. By assessing key technical indicators, resistance and support levels, and market sentiment, this piece provides insights into whether SOL bulls can push through and achieve new gains, highlighting the opportunities and risks for investors in this trend. Bullish Momentum Building For Solana On the 4-hour chart, Solana has exhibited strong bullish momentum, with its price pushing decisively above the 100-day Simple Moving Average (SMA) signaling renewed buying interest and a shift in market sentiment as SOL approaches the critical $194 resistance level. Breaking past the 100-day SMA has strengthened the upward case for SOL, suggesting that the asset may have the strength needed to challenge higher price levels. Also, the 4-hour Composite Trend Oscillator for SOL is displaying positive signals, as both the SMA line and the signal line have risen above the zero level and are nearing the overbought zone. Typically, this movement indicates that buying pressure is intensifying, showing that buyers are becoming increasingly dominant in the market. Additionally, the daily chart shows Solana is on a solid upward trajectory, underscored by a strong multiple bullish candlestick that reflects sustained buying pressure. SOL’s position above the 100-day SMA further supports this positive price action, reinforcing the likelihood of continued gains. Trading consistently above this key SMA signals strengthening positive sentiment, as buyers maintain control and push the price toward higher levels, possibly setting the stage for a test of upcoming resistance zones. A closer look at the 1-day composite trend oscillator shows Solana in a bullish phase, with a crossover indicating strong upbeat momentum. As the indicator moves toward the overbought zone, it signals increasing buying strength and market enthusiasm, reflecting a potential for continued gains if optimistic sentiment holds. What A Successful Breakout Could Mean For SOL’s Future If SOL successfully breaks through the $194 resistance level, it could open the door for additional gains, with the next target being its all-time high of $209. A clear breach of this level may trigger a rally that may lead to the formation of new price highs, signaling continued bullish strength. However, if SOL fails to breach $194, there is a risk of a pullback toward lower support levels, such as $164 or $137, where buyers may step in to stabilize the price.

Wilmington, Delaware, November 7th, 2024, Chainwire Rekt Brands Inc. (Rekt), the parent company behind the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property, is excited to announce the completion of a $1.5 million seed funding round. Funded exclusively by angel investors and the community—without institutional venture capital—this achievement highlights the support Rekt received from its loyal and growing network. This funding announcement follows the debut of Rekt Drinks, Rekt’s first consumer product: a lime-flavored sparkling water with zero caffeine and zero alcohol, featuring the Rekt branding. Rekt Drinks made its debut last week with 222,456 units available across 32 countries. The entire stock sold out in under 48 hours, with demand in the U.S. alone resulting in a complete sell-out within just 4 hours and 20 minutes. This launch represents one of the largest real-world product sales by a Web3 brand, reinforcing Rekt’s potential as a cultural force in both digital and traditional markets. Rekt was founded from the success of the Rektguy NFT collection, created by artist Ovie Faruq (OSF) in May 2022. Since then, the Rektguy project has expanded into Rekt Brands, which oversees the Rekt IP and pioneered a unique industry model by offering equity in the parent company directly to its NFT holders, utilizing a Reg CF exemption under SEC guidelines in the U.S. With this new funding, Rekt is poised to expand its product lineup, strengthen its brand awareness in and outside of Web3, while further bridging digital culture with physical consumer products. The Rekt community remains at the heart of the brand’s mission, with upcoming projects that will continue to empower, engage, and reward its dedicated supporters. About Rekt Rekt Brands Inc. is the parent company that owns the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property. Established from the success of the Rektguy NFT collection by artist Ovie Faruq (OSF), the brand has expanded into consumer goods and groundbreaking community equity models. Rekt aims to redefine brand ownership and engagement through its Web3 foundation, innovative products, and viral global community. Contact CEO Ovie Faruq Rekt Brands Inc. [email protected]

In the current crypto market, Aave (AAVE), Arbitrum (ARB), and BlockDAG are making impressive headway. Aave is on the brink of a potential surge to $220, while Arbitrum faces uncertain market sentiment despite a rise in DeFi activity. Amidst these developments, BlockDAG (BDAG) grabs the spotlight, with its TG Tap Miner enchanting over 71,000 active users and stoking demand for BDAG coins. BlockDAG’s presale has been a whirlwind, securing over $115 million and quickly establishing itself as a titan in the crypto arena, filled with prospects for enthusiasts and participants alike. Will AAVE Price Hit $220? Aave (AAVE) is primed for a significant uptick, with predictions suggesting a climb to $220 inspired by a bullish pennant pattern—a harbinger of potential breakouts. AAVE is performing well, maintaining positions above both the 100-day and 200-day EMAs, reinforcing an optimistic projection. Despite a recent fallback to $142.31 under bearish influences, AAVE maintains a strong baseline trend with crucial resistance at $170. Breaking past this threshold could set AAVE on a course for $200, potentially reaching up to $220 as buying fervor mounts, positioning AAVE for a notable ascent. ARB’s Mixed Messages Amidst a Vibrant DeFi Scene Arbitrum (ARB) exhibits mixed signals, with the market leaning towards a downturn despite bullish DeFi indicators. The adverse long/short ratio contrasts sharply with Arbitrum’s Total Value Locked (TVL), which has soared to a one-month high of $2.45 billion. Although ARB’s price dropped by 11% last month, it rebounded sharply from $0.49 to $0.56 and is currently trading at $0.551. As ARB’s TVL increases and trading volumes grow across exchanges, burgeoning interest in its DeFi projects may support a recovery. If ARB can overcome the $0.57 resistance, it might pave the way toward $0.62. BlockDAG’s TG Tap Miner Explodes to Over 71,000 Active Users BlockDAG is leading again in the crypto market, drawing widespread attention with the smashing success of its TG Tap Miner. Now celebrating more than 71,000 active users, BlockDAG has clearly positioned itself as a leading force in the crypto arena, offering enticing rewards and significant growth potential. Users rack up Tap Points in this interactive platform, which they can exchange for BDAG coins, plus a bonus of 4,000 Tap Points for each referral they make. Thanks to its compelling rewards and community-centric mining approach, BlockDAG is seeing a surge in demand, quickly surpassing other projects like Aave and Arbitrum. The project’s presale has been nothing short of stellar, pulling in over $115 million and distributing over 15 billion coins, showcasing deep market trust in BlockDAG’s potential. At present, in its 25th batch, BDAG coins are valued at $0.022, offering early participants an astounding 2100% ROI from the first batch. As Mainnet development nears completion, BlockDAG continues to draw a loyal crowd, ready to engage with the next major crypto wave. With its dynamic growth and lucrative features like the TG Tap Miner, BlockDAG is proving to be a prime choice for crypto enthusiasts. As Aave and Arbitrum advance, BlockDAG remains at the forefront with its modern technology and engaging reward system, solidifying its status as the go-to project as market demand escalates. Final Analysis for Top Crypto to Pick in 2024 This week in crypto, Aave, Arbitrum, and BlockDAG each offer unique prospects and hurdles. Aave is on the brink of a breakthrough, potentially reaching $220, while Arbitrum faces uncertain market reactions despite a DeFi upswing. Yet, BlockDAG steals the spotlight with a presale that has rocketed to $115 million and interactive, game-based incentives. The TG Tap Miner alone has rallied over 71,000 active users, demonstrating the project’s dedication to enriching its community through interactive rewards. For anyone keen on the cutting edge of crypto mining, missing out on BlockDAG is not an option Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

Bitcoin and Ethereum, the dominant forces in the cryptocurrency arena, might now be contending with a formidable challenger. Despite Bitcoin currently hovering around $74k and Ethereum nearing the $2,707 resistance level, BlockDAG (BDAG), a prominent Layer 1 entity, has witnessed an extraordinary 2100% increase in its market value. Unlike the conventional blockchain frameworks utilized by Bitcoin and Ethereum, BlockDAG integrates a hybrid of blockchain and directed acyclic graph (DAG) technologies, enhancing transaction speed, scalability, and security. For comparison, Bitcoin manages a mere 7 transactions per second, while BlockDAG boasts the capacity to process up to 15,000 transactions in the same amount of time. This analysis delves into BlockDAG’s significant growth against the backdrop of Bitcoin and Ethereum, highlighting it as a primary contender for the top crypto to buy in 2024. Bitcoin’s Current Market Dynamics: Evaluating the $74K Level Bitcoin’s value is currently testing the $74,000 mark, flirting with its all-time high before experiencing some retreat due to selling pressures. This decline has sparked optimism among some, suggesting a potential gearing up for another rise. The previously significant $70,000 threshold has been surpassed multiple times recently, shifting focus to $66,000 as the next critical support level, coinciding with the 50-day EMA. At present, these market dips are viewed by many as opportunities to acquire more, with Bitcoin continuing to attract institutional attention via ETFs. Ethereum’s Price Movement: Anticipating a Rebound to $2.7K The outlook for Ethereum indicates a possible uptick as the market shows renewed interest, with ETH priced at around $2,510. Should it maintain above the $2,490 support, Ethereum could be setting up to challenge the $2,707 resistance soon. On-chain metrics from recent months reveal a significant increase in Ethereum holders, growing by over 3.64 million from September to October. This rise, along with sustained inflows into Ethereum ETFs and heightened activity by major holders, underscores a broadening base of interest from both individual and institutional backgrounds. Is BlockDAG Becoming the Preferred Choice Over BTC & ETH? Bitcoin and Ethereum stand as titans in the cryptocurrency realm, with strong market presences and positive recent trends. Yet, the steep entry costs and notable price swings might deter everyday enthusiasts. For example, Bitcoin’s price near $74k could drop to $66k should market sentiments change. Furthermore, both Bitcoin and Ethereum operate on traditional blockchain technology, which typically results in slower transaction processing times. In this environment, BlockDAG presents itself as a viable contender, bridging the gap in accessibility for the broader public. It has already gathered approximately $113.5 million in its presale phase and delivered a remarkable 2100% return to its early adopters, surpassing the growth rates of well-established cryptocurrencies. BlockDAG leverages a hybrid framework that integrates blockchain with directed acyclic graph (DAG) technology, enabling the concurrent processing of multiple blocks. This significantly accelerates transaction speeds beyond the linear approaches of its competitors. The successful launch of BlockDAG’s testnet also demonstrated its capabilities to developers worldwide, showcasing its operational efficiency. With the presale anticipated to conclude in two months, momentum towards the mainnet launch is accelerating. Industry reports suggest that major exchanges are gearing up to list BlockDAG, potentially propelling it into the top 30 cryptocurrencies by market cap. BlockDAG’s path is marked by significant growth potential. Currently, with a presale price of $0.022 per unit in its 25th batch, it offers an accessible investment point. As the mainnet launch and exchange listings approach, further price appreciations are likely. Which Crypto to Invest in for 2024? Both the data and technology point towards a shifting landscape. While Bitcoin and Ethereum continue to dominate, BlockDAG is rapidly gaining ground, underscoring its next-generation technology that could transform future trading dynamics. With an impressive 2100% return already under its belt and prices expected to climb, BlockDAG is drawing considerable interest not only from early adopters but also as a frontrunner in the cryptocurrency market. For those evaluating their next cryptocurrency investment, BlockDAG makes a persuasive argument as the premier choice for 2024, blending affordability with cutting-edge technological innovations. Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

A crypto analyst has disclosed that the Dogecoin price may be positioning itself for a significant move upward as it approaches a critical weekly close. The question arises as to whether Dogecoin can close the weekly candle above the yellow line. With this line acting as a critical resistance level for the Dogecoin price, the analyst has predicted a breakout to $10 if Dogecoin can successfully close above it. Dogecoin Eyes $10 Breakout Above Key Level Crypto analyst Dima James Potts has shared a new Dogecoin price analysis via X (formerly Twitter), predicting that the number one meme coin could rise to $10, marking a historic all-time high. Based on technical patterns observed in past cycles, Potts disclosed that the Dogecoin weekly chart has often been used to decipher Dogecoin’s performance. He referred to the green and red lines on the Dogecoin weekly chart, highlighting that historically, when these lines cross a certain way, it tends to trigger a positive or “green” weekly performance for Dogecoin. Potts has revealed that the Dogecoin price movement is showcasing this same pattern in this current cycle, suggesting a potential for upward price momentum. Interestingly, this recurring pattern formation also involves a “Yellow Line,” which appears to act as a critical resistance level for Dogecoin. According to Potts, when Dogecoin can rise above this line on the weekly chart, it often leads to a parabolic upward move. With this in mind, the analyst has suggested that if Dogecoin closes the week above $0.18, it could confirm a breakout and the start of this historically occurring “parabolic move.” To further support his bullish Dogecoin price prediction, Potts shared Dogecoin’s previous performance when it closed above the yellow line. After crossing this level, The analyst revealed that Dogecoin surged by more than 8,373.35% during the first market cycle. Similarly, the meme coin skyrocketed by 18,376.25% in the second cycle. Given these past performance and technical indicators, Potts is confident that a similar trend could repeat for Dogecoin in this third cycle, with the potential for a more significant move towards the $10 target. Dogecoin Price Drops 8%, Can It Get To $10? Amidst the bullish forecast of a Dogecoin price rally to $10, the cryptocurrency has recently declined by more than 7.2%, experiencing volatility with the rapid shift in market conditions and sentiment. A rise to $10 would require Dogecoin to continue on a significant upward momentum, driven by optimistic market sentiment and certain bullish factors. A few bullish factors have been driving the Dogecoin price towards higher levels. Excluding its strong community support and increased wallet addresses, the Dogecoin price has been rising steadily due to the influence of SpaceX CEO Elon Musk and his Department of Government Efficiency (D.O.G.E) proposal. With Musk’s D.O.G.E set to gain endorsement from the 47th US President, Donald Trump, analysts believe that the influence could drive Dogecoin even higher than $10, hitting somewhere between $4 and $23 soon.

Memecoins are crucial to the blockchain and the cryptocurrency community, and Binance Research highlights their unique value proposition. According to Binance rerport, the rise of memecoins coincides with the expansion of the world’s money supply. As money and capital become readily accessible, risk-on investments like Bitcoin, altcoins, and memecoins become attractive options. Although memecoins promise a strong upside, they are also a high-risk investment since they’re highly speculative and have few use cases. However, their recent performance seems to defy the odds—their market cap was up by 22% immediately after the US election. Doge and PEPE coins are two of the top gainers among coins this Wednesday, adding 15% and 11% to their values, respectively. Binance Research: 75% Of All Memecoins Were Launched Last Year According to a November 2024 Binance research, meme currencies are growing in popularity because people are now looking at risk-on investments. The report adds that the global money supply is expanding, and many retail investors are looking at alternative ways to generate wealth. This niche’s market value has tripled since 2022, thanks to these coins’ popularity. Binance’s report also mentioned the regulator’s distrust of Initial Coin Offerings (ICOs). With this order, developers will now consider private venture capital funding (VCs) to promote their projects. Experts call this the “Low Float and High FDV” approach, meaning only a few tokens are available for trading but boast a higher valuation. Memecoins Remain An Accessible Investment Option While the approach benefits developers and early adopters, it may put regular investors at risk. As such, many retail investors look for memes as alternative investment options. These are the primary reasons why meme tokens are popular and highly accessible to all. Binance adds that roughly 75% of all meme currencies were launched last year. The Binance team acknowledged that many found launching these projects easy, but sustaining their operations is challenging. According to the same report, around 97% of all memecoins have died, and the rest struggle but managed to ride on the election hype this year. Memecoins Jump by 22% In A Day, Thanks To Election Hype While these coins are considered community-driven and accessible investments, they’re also highly speculative. Many in the community have placed their bet on a “meme coin supercycle” to coincide with Bitcoin’s run. The bet paid off, and the memecoins’ market cap is now above $73 billion, reflecting a 22% increase. Featured image from xtsupport.zendesk.com, chart from TradingView

In the crypto scene, Aave (AAVE), Arbitrum (ARB), and BlockDAG are each making significant strides. Aave shows bullish signs potentially leading to a price of $220, while Arbitrum deals with fluctuating sentiments amid growing DeFi engagement. BlockDAG (BDAG) is capturing significant attention as the TG Tap Miner engages more than 71,000 active users, boosting the appeal for BDAG coins. BlockDAG’s presale has been exceptional, amassing over $115 million. It’s quickly becoming a prominent entity in the crypto arena, providing appealing prospects for crypto miners and market participants. AAVE Price Forecast: Potential Rise to $220? Aave (AAVE) exhibits signs that it might rally, with analysts suggesting it could reach $220 due to a bullish pennant pattern, a predictor of potential breakouts. AAVE is also performing well against its 100-day and 200-day EMAs, supporting a positive forecast. Despite falling to $142.31 with strong sell-off pressures, the overarching trend remains positive, with crucial resistance at $170. Overcoming this barrier could set AAVE on a path towards $200, and eventually $220, as purchasing momentum builds, setting the stage for a significant uptick. ARB Experiences Mixed Indications Amidst DeFi Growth Arbitrum (ARB) presents conflicting trends, with market participants anticipating a decline even as certain DeFi metrics show promise. The negative long/short ratio contrasts with Arbitrum’s Total Value Locked (TVL) reaching a monthly peak of $2.45 billion. Despite an 11% decrease over the past month, ARB’s price has seen a quick rebound from $0.49 to $0.56, currently sitting at $0.551. The growing TVL and higher trading volumes on various platforms suggest a strengthening interest in its DeFi initiatives, which may help bolster its market position. If ARB surpasses the $0.57 resistance, it could potentially climb to $0.62. BlockDAG’s TG Tap Miner Attracts Over 71,000 Active Users BlockDAG is once again at the forefront of the crypto conversation, drawing considerable attention with the remarkable achievement of its TG Tap Miner. Now with over 71,000 active users, BlockDAG solidifies its position as a leading crypto project, offering substantial rewards and opportunities for rapid growth. Participants collect Tap Points through this engaging, game-like experience, which can be exchanged for BDAG coins, with an additional bonus of 4,000 Tap Points for each referral. The compelling rewards and community-based mining approach have propelled the demand for BlockDAG, allowing it to surpass competitors like Aave and Arbitrum. The initiative’s presale has proven to be exceptionally fruitful, gathering over $115 million and distributing over $15 billion coins, demonstrating strong market faith in BlockDAG’s future. Presently, in batch 25, BDAG coins are valued at $0.022, offering early participants a remarkable 2100% ROI since the initial batch. As excitement builds towards the completion of its Mainnet, BlockDAG continues to draw a committed base of enthusiasts ready to capitalize on what may become the next major crypto breakthrough. With its rapid momentum and appealing features like the TG Tap Miner, BlockDAG stands out as an increasingly sought-after choice among crypto circles. While Aave and Arbitrum advance, BlockDAG leads with its advanced technology and engaging reward system, positioning it as the foremost project to watch as interest peaks. Crypto Highlights of the Week Aave, Arbitrum, and BlockDAG each introduce distinctive prospects and hurdles. Aave appears on the brink of a breakout targeting $220, while Arbitrum deals with varied market reactions amidst an upswing in DeFi engagement. Yet, the true highlight remains BlockDAG, distinguishing itself with a $115 million presale and engaging, gamified incentives. The TG Tap Miner has rallied over 71,000 active users, allowing them to gain rewards through gaming, underlining the project’s dedication to enriching its community. For those keen on the evolving landscape of crypto mining, overlooking BlockDAG is not an option. Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

Zurich, Switzerland, November 7th, 2024, Chainwire Hyperbridge Launches on Polkadot with Support for Ethereum, Optimism, BNB Chain, and More Hyperbridge, the highly anticipated blockchain interoperability protocol, has officially launched, unlocking new possibilities for seamless cross-chain communication. Following its $2.5 million seed funding led by the Web3 Foundation and Scytale Digital, Hyperbridge now brings its groundbreaking technology to users, delivering secure, scalable, and verifiable cross-chain solutions across multiple blockchains. Hyperbridge launches with native support for Ethereum, Optimism, Arbitrum, Base, BNB Chain, and Gnosis. The journey to Hyperbridge’s launch has been thorough, with the project completing two testnet cycles. During these cycles: 600,000+ cross-chain messages were processed across supported networks. 66 independent relayers joined to facilitate message transfer across chains, validating the robustness of the network. This extensive testing ensures a smooth mainnet experience, with Hyperbridge now equipped to provide unmatched cross-chain messaging and liquidity solutions. At launch, Hyperbridge introduces a token bridge for asset transfers: Gateway, arbitrary message passing, and state queries across multiple ecosystems. Gateway offers: High security and finality guarantees, displacing traditional multisig-based authentication with zk-proofs and on-chain finality validation. Instant access to multichain liquidity, unlocking new DeFi use cases for DAOs, stablecoins, and real-world assets. Security remains paramount to Hyperbridge’s design, addressing challenges faced by conventional multisig bridges that have previously resulted in over $2 billion in exploits. Hyperbridge leverages zk-light clients and storage proofs to authenticate messages, ensuring a security model equivalent to the blockchains it connects. Hyperbridge enables developers to launch cross-chain applications from day one, supporting use cases such as: Non-custodial native bridges for unified liquidity pools. Cross-chain intents to facilitate seamless token interactions. Multichain expansion for stablecoins, real-world assets, and DAO governance tokens. As blockchain adoption accelerates, interoperability becomes even more critical. Hyperbridge aims to be at the forefront of this shift, offering developers and projects a reliable, secure, and scalable cross-chain infrastructure that opens new frontiers for DeFi, DAOs, and on-chain finance. About Hyperbridge Hyperbridge is a cryptoeconomic coprocessor for secure, verifiable interoperability powered by consensus and storage proofs. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with onchain and off-chain SDKs for securely sending cross-chain messages (POST requests) and reading on-chain storage (GET requests). About Polytope Labs Polytope Labs is a collective of researchers and engineers founded by core developers of Ethereum, Polkadot, and IBC. We’re focused on addressing fundamental infrastructure problems that continue to hold back the crypto industry, such as interoperability, scalability, and privacy. We firmly believe that Web3 is the next evolutionary step of the internet, and we are fully committed to advancing truly decentralized technologies. About Polkadot Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they’re co-creators with the power to shape its future. Contact comms / PR manager Jonathan Duran Distractive [email protected]

New York City, USA, November 7th, 2024, Chainwire Plume Network is thrilled to announce its partnership with StakeStone, an omnichain liquidity asset protocol revolutionizing staking and liquidity management. This collaboration is set to redefine how users interact with liquid staking and Real World Asset Finance (RWAfi), unlocking new yield opportunities for both RWA enthusiasts and institutional investors. Pre-Deposit Campaign Details As part of this joint campaign, users can deposit into a pre-deposit vault. The pre-deposit vault will be capped at $5 million, allowing users to deposit SBTC and STONE to potentially earn Plume Rewards. This campaign is accessible through multiple distribution channels, including the StakeStone website and the Plume website. The integration ensures that StakeStone users can easily participate, making it even more convenient to engage with the pre-deposit options provided by StakeStone and Plume. Bringing Together Liquid Staking and RWAs StakeStone’s liquid assets and yield-generating opportunities are a perfect match for Plume’s RWAfi-driven infrastructure. By tokenizing assets like $ETH and $BTC, StakeStone lets users potentially earn yield while still keeping their liquidity intact. Together, with Plume, StakeStone is opening up more possibilities by simplifying access to RWAs, like tokenized T-bills and private credit. This partnership creates a one-stop platform for staking and real-world investments. This collaboration enables StakeStone to tap into the expanding RWAfi ecosystem, leveraging Plume’s infrastructure to offer liquid staking assets within a more diverse investment landscape. Plume, in turn, enhances its platform with cutting-edge liquid staking solutions that boost capital efficiency across our network of 180+ RWA projects. How Staking Works Staking is a key element in the Proof of Stake (PoS) mechanism, where users lock up their assets to secure the network and validate transactions. StakeStone utilizes Ethereum’s PoS mechanism and goes beyond traditional staking by allowing users to leverage Liquidity Staking Tokens (LSTs) like STONE for yield-bearing opportunities. When participants stake their tokens, they contribute to the security and efficiency of the blockchain while potentially earning rewards. The locked tokens help maintain the decentralized nature of the network, and in return, participants receive a yield based on their staked assets. The integration of StakeStone’s adaptive staking protocol with Plume’s RWAfi-focused infrastructure enables participants to stake $ETH or $BTC through StakeStone’s liquid assets, allowing them to earn staking rewards and benefit from liquidity provision across multiple chains, all within a unified platform. Unlocking New Yield Opportunities By integrating StakeStone’s liquid STONE and SBTC with Plume’s RWAfi platform, users are allowed to stake ETH or BTC. This collaboration eliminates the need for users to choose between staking rewards and liquidity provision. Users can now enjoy from both staking and tokenized RWAs, all within a single, secure ecosystem. Through StakeStone’s liquid assets like STONE and SBTC, users gain access to true liquidity across multiple chains. Meanwhile, Plume’s modular RWAfi infrastructure facilitates seamless integration of tokenized RWA, providing users with diverse opportunities. This Partnership and the Future of RWAfi Companies joint vision is simple: to maximize the capital efficiency of RWAfi while making it easier for users to engage with RWAs and stake assets. This partnership is also a major step forward in their mission at Plume to accelerate RWAfi adoption. With hundreds of millions in RWA assets set to launch on their mainnet, integrating StakeStone’s staking solutions ensures that they continue providing users with new ways to diversify their portfolios. Scaling Up The Future of Liquid Staking and RWAfi As Plume continues to scale their ecosystem, their goal is to integrate more yield-bearing opportunities for both stakers and RWAfi investors. The demand for liquid staking is only growing, and with StakeStone’s advanced staking solutions, they are poised to offer users access to liquid ETH and BTC, as well as tokenized real-world assets. About StakeStone StakeStone is a pioneering omnichain liquidity asset protocol that offers potentially yield-bearing liquid assets, including STONE and SBTC. With a focus on creating transparent, decentralized, and highly efficient staking solutions, StakeStone provides users with the flexibility to optimize returns across multiple chains and consensus mechanisms. Through adaptive staking, restaking, and a commitment to maximizing capital efficiency, StakeStone is setting new standards for liquid assets in the crypto space. Twitter | Website | Discord | Telegram About Plume Plume is the first fully integrated and modular chain focused on RWAfi. They have built the first modular and composable RWA-focused EVM-compatible chain designed to simplify onboarding for all types of assets and streamline capital onboarding through native infrastructure and RWAfi-specific features unified chain-wide. For the first time, they are enabling a composable ecosystem of defi built around RWAfis with an integrated end-to-end tokenization engine and a network of financial infrastructure partners for builders to plug and play. We have 175+ projects building on their private devnet today, with everything from private credit to equities, collectibles, and more. Twitter | Website | Discord | Telegram Contact CMO Tiffany Lung Plume Network [email protected]

St Peter Port, Guernsey, November 7th, 2024, Chainwire Squarecrows.com is thrilled to announce the launch of their groundbreaking NFTs that come with a unique value proposition: each NFT grants the holder a personal right of ownership of a 3m x 3m souvenir plot of land in a National Nature Reserve in Scotland. This innovative concept uniquely combines digital ownership with the real world and community involvement. The NFTs are stored on the Polygon blockchain, leveraging the platform’s high speed, low transaction costs, and commitment to carbon negativity. This allows for a more environmentally friendly and accessible NFT experience. Despite the current NFT market conditions, Wilson isn’t concerned. The land is located in Glen Nant, which is known as Scotland’s rainforest. The plot location is contained within the NFT metadata, and is expressed by a unique What3Words string and the latitude and longitude of its center point. As a result, NFT owners will be able to locate and visit their plots with ease. Squarecrows.com invites NFT collectors, nature lovers, and Web3 newcomers to explore this exciting new avenue for NFT ownership. With a focus on community, both online and offline, Squarecrows aims to redefine what it means to own an NFT in the modern era. About Squarecrows Squarecrows is a new project dedicated to building a community that bridges the digital and physical worlds. For more information, visit www.squarecrows.com . Contact Mr Doug Wilson Squarecrows [email protected]

A collaboration between Freedom, a Web3 engagement project and the Tourism Authority of Thailand (TAT) has been announced. Through the usage of Fuse Network’s blockchain infrastructure, the partnership seeks to improve travel technology experiences using Freedom World, the innovative Web3 community platform. Thailand will be positioned as a top travel destination that skillfully combines technology and tourism thanks to the collaboration between Freedom and TAT. As a result, it presents another useful use for Fuse Network and is the first government-endoresed initiative of its kind to employ non-custodial technology. Travelers may interact with other travelers, earn rewards, and keep up to date on the latest news by joining the Discover Thailand community via the Freedom World app. The Freedom World app, a community engagement platform by Freedom, will be used to improve the travel experience by giving tourists access to improved features and services in Thailand. The Freedom World app has gamified activities, incentives, social ratings, interactive maps, metaverse profiles, direct push alerts, and community-building features. Fuse’s scalable blockchain, which is tailored for use cases like loyalty programs and e-commerce, records transactions. Two notable breakthroughs among these elements are the Scape Game, a metaverse adventure that uses geolocation-based exploration to bring the real and digital worlds together. Players will explore the environment, battle mystical monsters, complete tasks, and collect Freedom Shards—metaverse currency that can be redeemed for both online and offline rewards—as they progress through the game. Users may utilize the map function on the app’s “Me” tab or visit the Scape Community inside the app. The Scape Game’s recently published Alpha Version, which was made available on November 9, is intended to develop with input from a community of committed testers. In an effort to improve Thailand’s tourist scene, the function is dedicated to increasing user engagement and demonstrating effective navigation. In addition, the Social Rating feature encourages participation and incentive by openly recognizing user efforts within communities. A lively and involved community is eventually created by establishing clear recognition criteria that encourage active involvement and retain top contributors. Fuse CEO Mark Smargon said: Kevin Heng, Chief Strategy Officer and Co-founder of the Freedom Ecosystem, commented: In order to boost tourism, Freedom and TAT’s partnership will first highlight the various attractions of Koh Samui, Koh Phangan, and Koh Tao. It will begin during the more sedate Green Season and eventually expand to other locations throughout Thailand. The project will highlight TAT’s dedication to leveraging digital innovation and showcase the usefulness of the Freedom World app, establishing Thailand as a progressive travel destination for tech-savvy tourists and digital nomads. Tourists may use the QR code produced by the Freedom World app to pay for products and services at participating businesses. They will get Freedom Shards, which indicate mission advancement, in exchange. These may be exchanged for discounts on travel and food and beverages at local establishments. With Fuse Network providing the framework for the Freedom loyalty and rewards program, the collaboration between Freedom and TAT demonstrates yet another practical use of blockchain technology. This gives the Freedom World app a web2-like user experience and makes it simple to monitor engagement and campaign performance. Freedom hopes to demonstrate how blockchain technology can revolutionize the travel industry and help both local communities and tourists by working with TAT.

Binance Research’s November 2024 Monthly Insights report looks at important performance factors and current developments in the cryptocurrency sector. The overall market capitalization of cryptocurrencies increased by 2.8% in October 2024, mostly as a result of robust BTC inflows brought on by spot ETF activity and positive U.S. employment statistics. Potential hazards were identified from outside sources, such as the Israel-Iran war and Tether’s alleged role in illicit finance. Since Bitcoin is now seen as both a risk-on asset and a macro hedge, its correlation with the S&P 500 increased. Supported by liquid staking and lending protocols, Solana had a 13.4% increase in total value locked (TVL), demonstrating its considerable momentum in decentralized finance (DeFi). Additionally, Solana’s simplicity of token creation using the launchpad pump.fun helped it grab a record 90.6% of all token launches in late October. Memecoins, which witnessed remarkable volume growth and four of the top five performing tokens were memes, have benefited greatly from this platform’s democratization of token creation. As evidence of their ongoing appeal, memecoins now account for more than 12% of the top 50 cryptocurrencies by market valuation. After a six-month downturn, the NFT market shown resiliency with a 15.8% increase in monthly trading volume. While “meme” collections like Milady Maker had a noteworthy 144% gain in volume, more conventional collections like Bored Ape Yacht Club and Pudgy Penguins witnessed volume rises on Ethereum. Major blockchains like Bitcoin, Ethereum, and Solana had a decline in revenues, while minor networks like Mythos and Fantom saw significant increases. Rising application revenues are another finding in the report that points to real adoption outside of speculative trading. The majority of user-facing apps among the top revenue-generating protocols suggest that applications might account for a bigger portion of industry revenues in the future. This suggests a change in the market’s emphasis from infrastructure to application-level income, which might fuel the industry’s subsequent surge in user expansion. The research looks forward to future events and token unlocks that may have an influence on market dynamics, as well as the effects of the U.S. presidential election on crypto legislation. Structural changes may result from regulatory clarity brought forth by the election, especially as more institutions investigate cryptocurrency investments. Furthermore, high-stakes international crises like Israel-Iran create unpredictability, and geopolitical variables continue to play a significant role, particularly as institutional interest in Bitcoin increases with spot ETFs. The analysis comes to the conclusion that the current developments in the crypto sector show a complicated, dynamic sector where growth is driven by both more recent cultural assets like memecoins and NFTs and more established macroeconomic tendencies. According to the available statistics, the cryptocurrency market is becoming more diverse, with both utility-driven and speculative assets coexisting and attracting a wider range of investors. It will be crucial to strike a balance between innovation and risk management as cryptocurrency markets continue to mature, particularly in light of the market’s needs for more accessibility and transparency as well as ongoing legislative changes. With new advancements in Bitcoin’s function as an investment asset, DeFi’s growth on networks like Solana, and growing user engagement in NFTs and on-chain apps, the November 2024 report, in short, highlights the market’s resilience in a difficult macro climate. These changes show that the cryptocurrency industry is developing and ready to handle both established economic forces and new digital trends. As technology advancements and legal frameworks improve, there is room for additional expansion.

Crypto exchange Binance announces the rollout of Solana (SOL/USDT) options for next week. The exchange initiated a transaction of 2 million SOL in the last 24 hours. Binance, the largest centralized crypto exchange by volume, has announced the launch of Solana — SOL/USDT —options on its Options Trading platform, starting from November 12. This announcement comes at a time when SOL is experiencing a surge in investor anticipation of its potential to reach a new all-time high (ATH). As per the update, SOLUSDT daily and weekly options will go live on the platform next Tuesday at around 8 AM UTC. Notably, these options are MiCA-compliant, European-based contracts, meaning they can only be exercised on the expiration date. Trading crypto options is equivalent to getting the right, but not the obligation, to buy or sell a specific cryptocurrency at a predetermined price before/on a set expiration date. They provide traders with a way to speculate on price movements in the crypto market. Meanwhile, as part of its wallet liquidity management, Binance transferred over 2 million SOL — worth over $374.82 million — from its cold wallet to its hot wallet. Will Solana (SOL) Enroute to Its ATH? Over the past 24 hours, Solana (SOL) recorded a rally towards its 3-month high of $191.95. However, at present, the rally has cooled down to 0.64%. As per the analysis, the current trend appears to be bullish, as indicated by an emerging positive histogram on the moving average convergence divergence (MACD). But how far is the altcoin from its all-time high? Solana hit its all-time high (ATH) of $260 on November 6, 2021. The current price is down nearly 27.6% from the ATH. On March 18, 2024, the altcoin reached $210 but failed to set a new high thereafter. On the ATH day in 2021, with 471.57 million SOL in circulation, Solana had a market cap of $87.87 billion. Currently, according to CMC, over 301.21 million SOL are in circulation, with a market cap of $88.5 billion. In the upcoming days, SOL may face key resistance and support levels based on the cues it picks up. If the SOL price sustains above $171.52 without dipping below it, the altcoin could rise to test resistance levels like $195.85 and $204.50. On the other hand, if a downward breach occurs, SOL may continue its bearish momentum toward critical support levels at $159.30 and $144.35. Highlighted Crypto News Today Is the Crypto Bull Run Here to Stay in Moonvember?

Solana has finally broken through a crucial resistance level that has kept the price subdued for months, sparking fresh optimism among investors. However, the breakout has yet to be confirmed, leaving room for excitement and caution. Prominent analyst and investor Carl Runefelt recently shared a technical analysis on Solana, highlighting that the cryptocurrency is on the verge of breaking out from a massive bullish pattern. According to Runefelt, if the breakout holds, this setup can propel SOL toward a $300 target in the coming months. The days ahead will be critical for SOL as market sentiment and trading volume determine whether this push is a sustained rally or a bull trap. For Solana to confirm this breakout, it must maintain its upward momentum and establish support above the previous resistance. Investors are closely watching these levels, as a failure to hold could lead to a retracement. However, if SOL can solidify its position, it could begin a powerful rally toward new highs. The outcome will shape Solana’s trajectory as it attempts to secure a place among the top-performing assets in the crypto market. Solana Testing Crucial Supply Solana is currently testing a critical supply level, a zone that will either drive SOL to new highs or send it back into consolidation. After pushing above the $185 mark—a key price level that now needs to hold as support—Solana is poised for a significant move. According to top analyst Carl Runefelt, who shared his technical analysis on X, Solana appears to be breaking out from a massive Symmetrical Triangle, a well-known bullish chart pattern. In his view, a confirmed breakout above this level could trigger a rapid surge to $300, a move that he believes would “destroy bears” and reinvigorate bullish sentiment. However, the coming days will be crucial in determining Solana’s direction, especially as the Federal Reserve’s interest rate decision is set to be announced today. If the Fed signals a rate cut or maintains current rates, it could fuel the rally by boosting risk-on sentiment in the market. A favorable environment from the Fed could lead to increased buying pressure on SOL, pushing it beyond its recent highs. Conversely, if the $185 level fails to hold, SOL might re-enter a consolidation phase, temporarily stalling the upward momentum. For now, all eyes are on the Federal Reserve’s decision and how it might impact broader market sentiment, which will play a critical role in determining whether Solana’s bullish trajectory continues. A successful breakout here would not only confirm strength but could set the stage for Solana to challenge $300 in the coming months. SOL Technical Analysis Solana is currently testing the final resistance at $190, a crucial level that could pave the way for a challenge to its yearly highs around $210. For the bullish momentum to remain intact, SOL needs to break above and hold this level as support. However, achieving this may take several days as the market continues to digest the impact of Donald Trump’s victory and awaits the Federal Reserve’s decision on interest rates. If SOL fails to break above the $190 resistance, a consolidation phase between $180 and $190 could be healthy for price action. This range would allow the market to reassess and stabilize before making another attempt at breaking higher. However, it’s important that the price remains above the $180 mark during this consolidation. If SOL holds above this level, the uptrend can continue, with a potential push toward yearly highs. On the other hand, if the price drops below $180, it could signal a shift in momentum, putting the current uptrend at risk. For now, bulls must maintain control by keeping SOL above $180 while the broader market awaits the Fed’s decision, which could impact risk sentiment and Solana’s next move. Featured image from Dall-E, chart from TradingView

Legendary trader Peter Brandt, with nearly five decades of experience in trading since 1975, has shared a bullish forecast for the Bitcoin price trajectory in 2025. Taking to X, Brandt stated: “Bitcoin $BTC is now in the sweet spot of the bull market halving cycle that should top in the $130k to $150K range next Aug/Sep. I measure cycles differently than most.” How High Can Bitcoin Go In 2025? Brandt’s analysis is rooted in the historical patterns observed in Bitcoin’s halving cycles. His chart, covering Bitcoin’s price action from early 2022 with projections into 2026, highlights two significant periods of 518 days each. These periods represent critical phases in Bitcoin’s market behavior, representing the cyclical nature of its price movements. A notable technical pattern identified in his chart is the breakout from a broadening wedge. This formation, characterized by diverging support and resistance lines, suggests increasing market volatility as prices make progressively higher highs and lower lows. The successful breakout from this pattern is considered a strong bullish signal. In a detailed blog post from June titled “The Beautiful Symmetry of Past Bitcoin Bull Market Cycles,” Brandt elaborated on the significance of halving events. He observed that the halving dates have “represented the half-way points of past bull market cycles,” showing an almost perfect symmetry within these cycles. Specifically, the number of weeks from the start of each bull market cycle to the halving dates has been nearly equal to the number of weeks from the halving dates to the subsequent bull market highs. Based on this symmetrical pattern, Brandt posits that if the sequence continues, “the next bull market cycle high should occur in late Aug/early Sep 2025.” He suggests that the highs of past bull markets align well with an inverted parabolic curve, and if this tendency persists, “the high of this bull market cycle could be in the $130,000 to $150,000 range.” Despite his optimistic projection, Brandt maintains a cautious stance. He emphasizes that “no method of analysis is fool-proof” and admits to avoiding being “dogmatic about any idea.” While this view is his preferred analysis, he acknowledges it is not his only interpretation. Brandt notes that he continues to place a 25% probability that Bitcoin’s price has already topped for this cycle. Should Bitcoin fail to make a decisive new all-time high and decline below $55,000, he would raise the probability of an “Exponential Decay.” The crypto community has been actively engaging with Brandt’s analysis. Popular crypto analyst Astronomer (@astronomer_zero) responded on X, agreeing with Brandt’s top estimation and highlighting the importance of accurately calling the market top. Astronomer remarked: “I think you’re spot on with that top estimation Peter! As for calling the bottom, now it is our duty to call the top ideally in one single try. The terminal price does that very well. I have 6 other metrics in place. If they all line up, it is a sell. Location at $160,000.” In a further exchange, an X user inquired about the implications for the Bitcoin to gold (BTC/GLD) ratio, suggesting it might imply a much higher price. Brandt responded, “Eventually, yes. But let’s take one step at a time without become too dogmatic.” At press time, BTC traded at $74,940.

Sats Terminal, a platform designed to simplify Bitcoin staking, trading, and bridging, has been selected for the inaugural BitcoinFi Accelerator (Thesis*, Drapper VC, Boost VC) cohort. Founded by CEO Stan Havryliuk and CTO Rishabh Java, Sats Terminal aims to enhance the Bitcoin decentralized finance (DeFi) space with a user-friendly interface, competitive pricing, low fees, and auto-compounding rewards. Through its participation in the BitcoinFi Accelerator, the company plans to further the development of its platform and expand Bitcoin’s utility in DeFi applications. A New Era for Bitcoin DeFi Sats Terminal offers a comprehensive solution that integrates decentralized exchange (DEX), bridging, and staking functionalities into one streamlined platform. This integration is targeted not only at experienced Bitcoin users but also at newcomers looking to participate in the growing Bitcoin DeFi ecosystem. “Our mission is to empower users to maximize their Bitcoin assets through a single, easy-to-use platform,” said CEO and Co-founder Stan Havryliuk. The collaboration with Thesis Accelerator is expected to play a critical role in expanding Bitcoin’s role within the decentralized finance landscape, enabling greater access and usability. The platform is focused on solving some of the key barriers in Bitcoin DeFi, including high transaction fees, fragmentation of services, and difficulty in managing cross-chain assets. By simplifying these processes, Sats.Terminal seeks to make Bitcoin a more accessible and efficient asset for users to stake, trade, and bridge between chains. Core Features for Bitcoin Users One of the standout features of Sats.Terminal is its decentralized exchange (DEX) aggregator, which allows users to trade Bitcoin assets without relying on single marketplace. The DEX aggregator paired with a bridging solution, making it easy for users to transfer Bitcoin assets between different blockchain networks. This functionality addresses the challenge of interoperability between various blockchain ecosystems, a critical issue for DeFi applications. Additionally, Sats Terminal includes a staking aggregator, which enables users to participate in staking without the hassle of navigating multiple platforms. This feature not only makes Bitcoin staking more accessible but also offers auto-compounding rewards to maximize the yield from users’ staked assets. The platform’s emphasis on low fees ensures that users can participate in Bitcoin DeFi without being burdened by high transaction costs, which is often a significant barrier to entry in decentralized finance. “We’re uniting fragmented Bitcoin tools into one efficient platform,” said CTO and Co-founder Rishabh Java. By combining these functionalities in one place, Sats Terminal eliminates the need for Bitcoin users to jump between different platforms, creating a more seamless and user-friendly experience. Data-Driven, Bitcoin-Focused Experience Sats Terminal has been designed with a strong emphasis on the user experience. The platform provides real-time analytics and data-driven insights to help users make informed decisions about their Bitcoin holdings. This focus on analytics empowers users to take full control of their assets, whether they are staking, trading, or bridging Bitcoin. “Our Bitcoin-first approach gives users the tools and insights they need to confidently grow their assets,” said CEO Stan Havryliuk. The platform’s intuitive interface ensures that users can easily navigate through its features, regardless of their experience level. Whether users are new to Bitcoin or seasoned crypto enthusiasts, Sats Terminal offers a comprehensive suite of tools designed to meet their needs. Learn More To stay up-to-date with Sats Terminal’s progress and new developments, visit their official website at satsterminal.com or follow on X (formerly Twitter). Contact For further inquiries, you can reach out to: Stan Havryliuk, CEO – [email protected] LinkedIn Rishabh Java, CTO – [email protected] LinkedIn 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.

Singapore, Singapore, November 5th, 2024, Chainwire BTC.com officially announced the completion of its upgrade and the launch of an open-source computing power platform. The platform continues to embody the community spirit and adopts the motto “Embrace Open Source, Gather Computing Power, Create the Future Together” to support developers and computing power providers in jointly promoting the development of a decentralized ecosystem. The platform will serve as a bridge for computing power suppliers, enabling them to achieve efficient management and flexible trading through its one-click deployment tools. Additionally, it will provide a free trading environment for those in need of computing power, allowing on-demand access to achieve a balance between cost and efficiency. About BTC.com BTC.com is committed to connecting computing power for open-source projects, providing infrastructure for the development of the blockchain and AI industries, and promoting the flourishing growth of industry applications. Contact PR team [email protected]