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]

Ethena trades at $0.5112 after gaining over 21% in the last 24 hours. $3.89M in ENA liquidated within this timeframe. The cryptocurrency market celebrates Donald Trump’s victory with bullish momentum. The overall market cap has reached $2.51 trillion, with Bitcoin (BTC) hitting an all-time high at $76K. The crypto market sees a green wave across major assets. Notably, the bullish breakout of Ethena (ENA) positioned the asset on top of the gainers’ list in the morning hours, after gaining over 21%. In the last 24 hours, Ethena’s price has been oscillating between $0.4144 and $0.5474 levels. The asset has climbed from a low to a high of $0.5491. At press time, ENA traded at $0.5112, as per CMC data. Consequently, the market observed a liquidation of $3.89 million worth of ENA during this timeframe, as per Coinglass. The asset’s weekly price chart recorded a steady gain of over 45%. Ethena began trading at $0.3535, in the middle of this week, the asset tested the $0.4062 mark and climbed to the current price level. Can ENA Hold Momentum? Zooming in on Ethena’s four-hour technical indicators, it infers the asset’s current bullish outlook. The Moving Average Convergence Divergence (MACD) line is settled above the signal line, pointing to a possible bull market resurgence. ENA chart (Source: TradingView) In addition, the Chaikin Money Flow (CMF) indicator is positioned at 0.37, hinting at the increased money flow. Meanwhile, the daily trading volume of ENA has surged by over 60%. The current market sentiment of the asset is in the overbought territory, as the daily relative strength index (RSI) is hovering at 77. The daily frame of ENA exhibits the short-term moving average above the long-term moving average. Moreover, the four-hour price chart of ENA exposes the possibility of the upside correction, if the positive momentum persists. ENA’s price might have the potential to break the immediate resistance at $0.5394 and can aim high as the bulls hold the price. On the flip side, if the bearish pressure starts to build, the asset could slip below the $0.4837 range. Further losses might push Ethena’s price even low. Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing. Highlighted Crypto News BlackRock IBIT Breaks Volume Records Amid Trump’s Win

Solv Protocol has announced the classification of underlying assets for its SolvBTC reserve. In doing so, the Solv protocol preserves liquidity while guaranteeing user security and yield-generating possibilities. With the implementation of cross-chain rate limitations and minting caps for novel reserves to control and reduce risk, these classifications aid in ensuring stability with a variety of asset kinds. As the protocol continues to scale, this standardization provides a crucial layer of protection. Assets are divided into two categories by the SolvBTC reserve: Core Reserve and Innovative Reserve. While wrapped assets WBTC, cbBTC, FBTC, BTC.b, and tBTC are examples of Innovative reserves, core reserves are made out of native BTC and BTCB (Binance-backed). With more than 25,000 BTC in reserves (more than $2 billion), Solv is now among the biggest BTC Liquid Staking Token (LST) issuers to go multichain in terms of TVL and network connections. It is available across more than 10 blockchain networks, including Ethereum, Base, BNB Chain, and Arbitrum. Because of its multichain development, users may use Bitcoin in a variety of DeFi tactics thanks to its additional functionality, which enables lending and staking to optimize its liquidity and adaptability across networks. Furthermore, the SOLV token utility is being introduced for the first time, making the Solv Protocol one of the first BTCFi protocols to classify its reserve assets. Solv Protocol now determines the classifications and parameters, but as the platform moves toward completely decentralized governance, SOLV token holders will have the last say. The fact that SolvBTC was added to the core pool of Venus Protocol, the biggest lending protocol on BNB Chain and one of the top five worldwide on DeFiLlama, further increases the usefulness of Solv’s token. As the only Bitcoin asset in the Venus core pool, SolvBTC now joins BTCB. This makes it possible for users to use SolvBTC as collateral to borrow assets like as BNB, which further facilitates DeFi tactics, such as joining the Binance Launchpool. Ryan Chow, Co-founder & CEO of Solv stated: This statement comes after Solv recently announced plans to use its Staking Abstraction Layer (SAL) to expand the use of Bitcoin staking. Four SolvBTC Liquid Staked Tokens (LSTs) have been launched thanks to the SAL framework: SolvBTC.BBN (Babylon), SolvBTC.ENA (Ethena), SolvBTC.Core, and SolvBTC.JUP (Jupiter). A multiphase rollout will introduce the SOLV token’s complete tokenomics and additional utility. Click here to find out more about Solv’s new reserve classifications.

Victoria, Seychelles, November 7th, 2024, Chainwire Bitget Wallet, a leading non-custodial Web3 wallet, has introduced Refer2Earn, the first long-term incentive program in the Web3 wallet space. This initiative allows users to earn by inviting friends to use Bitget Wallet, receiving a 10% bonus on airdrop rewards their referred friends claim through the wallet’s Earning Center. With its community-driven revenue-sharing model, Refer2Earn fosters sustainable user growth and strengthens the Web3 ecosystem by making participation in decentralized finance more rewarding for everyday users. Rewards Simplified Refer2Earn is simple: users can share an invitation link or code from the Earning Center and receive an initial reward when their invited friends download and create a wallet. Once these friends potentially earn rewards within six months, the referrers automatically receive 10% of those rewards. Referrers can earn more when invited users participate in various potential earning activities, which offer a range of rewards, including airdrops and tokens or points from popular projects. With no cap on referrals and a six-month reward period, users can grow their potential earnings through their networks. Revenue Sharing Refer2Earn enables users to convert their social networks into tangible rewards. Soon, Bitget Wallet plans to integrate Refer2Earn with Bitget Wallet Lite, its newly launched Telegram Wallet, bridging Web2 and Web3 and encouraging broader adoption. This integration will promote organic growth by connecting digital communities with Web3’s financial opportunities. New Sustainable Growth Model for Web3 Ecosystem As part of Bitget Wallet’s long-term growth strategy, Refer2Earn is designed to drive lasting engagement and loyalty across the ecosystem. This program offers three core benefits: community-based revenue sharing, a simplified way to turn airdrops into potential earnings, and a new user growth model for the Web3 ecosystem. Integrated into Bitget Wallet’s Earn Center—which has already distributed $1.878 billion in tokens and reward points—Refer2Earn creates earning opportunities, making Web3 participation more rewarding for users. About Bitget Wallet Bitget Wallet is the home of Web3, uniting endless possibilities in one non-custodial wallet. With over 40 million users, it offers comprehensive on-chain services, including asset management, instant swaps, rewards, staking, trading tools, live market data, a DApp browser, and an NFT marketplace. Designed for everyone, from beginners to advanced traders, it supports mnemonic, MPC, and AA wallet options. With connections to over 100 blockchains, 20,000+ DApps, and 500,000+ tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges, along with a $300 million protection fund for your digital assets. Users can experience Bitget Wallet Lite and follow Bitget Wallet Lite News for updates. For more information, users can visit: Twitter | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord For media inquiries, please contact [email protected] Contact PR team [email protected]

Mekong testnet allows developers to test UX and staking updates ahead of the Pectra upgrade. Stakers can experiment with new deposit and withdrawal workflows. The Ethereum Foundation has launched the Mekong testnet, a crucial step towards the upcoming Pectra upgrade. The testnet, which is a short-term environment, is designed to allow developers to explore user experience (UX) improvements and familiarize themselves with staking changes ahead of the Pectra fork. This development follows an extensive evaluation of the fork’s scope, including a successful interoperability event and four developer networks. Mekong incorporates all Ethereum Improvement Proposals (EIPs) planned for the Pectra fork. Key updates include EIP-7702, which focuses on enhancing user experience. EIP-7251, which introduces staking changes, and EIP-6110 and EIP-7002, which modify deposit and withdrawal mechanisms. These updates aim to improve the overall functionality of Ethereum and prepare it for smoother integration into the mainnet. Previewing Ethereum’s Pectra Upgrade The testnet is an opportunity for wallet developers to experiment with new UX features and for stakers to test the upcoming changes. The Ethereum Foundation has emphasized that while the Mekong is a short-lived testnet. It is feature-complete with all the intended updates. Any minor adjustments or additional EIPs may arise, but the core features will eventually be deployed on existing public testnets and, ultimately, the Ethereum mainnet. To use the Mekong testnet, developers and users can visit the network’s landing page. From there, they can add the network to their browser wallet, access block explorers, request funds from the faucet, and connect to a JSON RPC endpoint. Running a node on Mekong requires both an Execution and Consensus layer node, similar to Ethereum’s mainnet. Stakers will also be able to experiment with changes to the staking workflow, particularly regarding deposits and withdrawals. Moreover, The name “Mekong” was chosen to honor the Mekong River, which flows through Southeast Asia. This symbolic reference connects the testnet to the upcoming Devcon event in Bangkok, further highlighting Ethereum’s global community. Despite its brief existence, the Mekong testnet is vital for ensuring the successful implementation of Pectra. It will not impact the Ethereum mainnet or other testnets like Holesky or Sepolia but will inform the eventual deployment of the Pectra upgrade across Ethereum’s networks. Developers are encouraged to provide feedback to help refine the features ahead of the mainnet launch. Highlighted Crypto News Today RWAs Gain Momentum in DeFi as Investors Seek Stability

Gate.io, a global leader in digital asset trading, has announced that Ola Network (OLA) will be listed on the platform on November 14th, 2024, at 19:00 (UTC+8). In advance of the listing, a special OLA rewards event has been launched, allowing all users who complete a specified amount of pre-deposits to share a total of $20,000 in OLA rewards. $20,000 OLA Rewards Program According to the event guidelines, users who complete a pre-deposit of at least $10 in OLA during the event period will be eligible to share in the $20,000 OLA reward pool. All participating users will receive rewards. The event will run until November 13th, 2024, at 15:59 (UTC+8). Both registered and new users, who can join by completing a simple registration process, are welcome to participate. Explore Further with the Ola Airdrop Vault In addition to pre-deposit rewards, Gate.io encourages users to delve deeper into the potential of the Ola Network ecosystem. Users can visit Gate.io’s official announcement for detailed event information and participation instructions. OLA is a Bitcoin ecosystem-driven yield-enhancement layer leveraging advanced ZK data transmission technology to unlock the potential of $1.5 trillion in BTC assets. Its core products, Onis and Massive, together build a complete ecosystem where users can assume various roles such as BitVM challengers, ZK bridge monitors, ZK validation nodes, and DA samplers. As a leading digital asset platform, Gate.io is committed to enhancing its ecosystem and offering a diverse selection of digital assets. The inclusion of the innovative Ola Network (OLA) project will further expand the platform’s ecosystem, providing users with more opportunities to explore cutting-edge blockchain asset investments. Media Contact: Elaine Wang at [email protected] Disclaimer The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/user-agreement. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Bitcoin is trading around $75,000 following Donald Trump’s victory in the U.S. election, stirring fresh optimism in the crypto market. Trump’s pro-crypto stance has ignited excitement among analysts and investors who anticipate favorable policies for digital assets in his administration. With Bitcoin now sitting at all-time highs, many speculate this could begin a new rally phase. Related Reading: Ethereum Analyst Sets $3,400 Target Once ETH Breaks Key Resistance – Details Key data from CryptoQuant indicates that Bitcoin has reached a price equilibrium, suggesting there are no strong market forces pulling the price lower. This positive equilibrium reinforces the bullish outlook and hints at a stable foundation for further growth. Analysts believe Bitcoin may be set for new highs with fewer obstacles in the coming weeks. As investor confidence builds, some view this phase as a critical moment for Bitcoin to solidify its position in a pro-crypto policy environment. The combination of strong technical support and positive sentiment from Trump’s victory has set the stage for what many hope will be a significant upward trend, potentially driving the broader crypto market higher. Bitcoin Enters A Bullish Phase Bitcoin has officially entered a bullish phase after breaking past its previous all-time highs, reaching $76,500. This level has become a new area of focus as many analysts identify it as a potential resistance zone. According to CryptoQuant analyst Axel Adler, the market is currently balanced between a “Bubble” and a “Crash” phase. Adler’s analysis, which includes key on-chain data, suggests that Bitcoin’s market structure is at an equilibrium, meaning there are no significant fundamental reasons to anticipate a drop. Instead, this setup provides a stable foundation for possibly continuing Bitcoin’s upward trend. With the Federal Reserve’s interest rate decision set to be announced today, the next few weeks promise to be pivotal. A stable or favorable decision from the Fed could reinforce the optimism in the market, drawing in new demand and reinforcing Bitcoin’s position above $76,000. Many investors and analysts expect heightened activity from institutional players, particularly given Bitcoin’s resilience around this milestone level. The market’s balance at this juncture is crucial. As long as Bitcoin maintains its current structure, it has the potential to continue its upward trajectory without substantial risk of retracement. With fresh demand entering the market and the macroeconomic backdrop shaping up favorably, Bitcoin may soon aim for even higher levels. For now, all eyes remain on the $76,500 mark and how the market will respond in the wake of the Federal Reserve’s announcement. This period of consolidation could be the catalyst for the next leg up, solidifying Bitcoin’s bullish outlook. BTC Key Levels To Watch Bitcoin is trading at $75,000, holding steady above its previous all-time high of approximately $73,800. This level has become a critical support zone as BTC continues in a well-defined 4-hour uptrend. The trend began after a strong bounce from the 200 exponential moving average (EMA) at $66,800, indicating renewed bullish momentum. Bulls need to keep the price above the $73,000 mark to sustain this momentum, a key psychological threshold. This level boosts market confidence and provides a potential springboard for Bitcoin to reach higher targets soon. A confirmed hold above $73,000 could signal further upside, inviting additional buying pressure and potentially setting up BTC for new highs. However, if BTC fails to hold this level, it could slip toward a lower demand area of around $70,500. Despite this possibility, current price action shows no significant signs of a downturn. The steady uptrend and firm support levels suggest that Bitcoin’s bullish outlook remains intact, with little indication of an imminent drop. As long as BTC maintains its structure, the path toward continued gains remains clear, reinforcing confidence in the ongoing rally. Featured image from Dall-E, chart from TradingView

In the realm of cryptocurrencies, volatility is usually the norm rather than the exception; recent market swings have simply confirmed this fact. With uncertainty driving Bitcoin below the $70,000 barrier and most altcoins down with it, the U.S. presidential election draws nigh. Among them, Shiba Inu (SHIB) has experienced fresh selling pressure; its price, which dropped from a prior high of $0.0000198, hangs about $0.000017. This represents the most recent in an eight-month correction phase for SHIB. Both analysts and investors, however, are keenly observing and speculating that Shiba Inu might be ready for a breakout should it be able to surpass a crucial resistance level. Some market analysts contend that alternatives like Rexas Finance (RXS), a token targeted on real-world assets (RWA), could offer more sustainable development and stronger fundamentals even if SHIB has the potential for recovery. The 8-Month Correction of Shiba Inu and Future Bullish Prospect The previous eight months have been marked for Shiba Inu by a pattern of consolidation that forms what market analyst CryptoZeybek notes as a symmetric triangle on the SHIB daily chart. Usually implying a possible breakout is near hand, this pattern consists of converging trendlines. A break from this consolidation trend could signal fresh momentum for SHIB, especially if it can exceed its present resistance level of $0.0000114. Should this level be broken, Shiba Inu may mobilize towards more ambitious goals; analysts view possible levels as high as $0.000045. One cannot stress the value of this degree of resistance. Breaking it would mean the end of the protracted corrective phase, which has seen SHIB stagnate following a period of notable increase. The possibility for a breakthrough also fits the expectation of the larger market for a favorable post-election mood, particularly in case a pro-crypto government takes office in the United States. Such a result could spark fresh interest in the crypto market, hence increasing liquidity and investor confidence back into assets like SHIB. Whale Accumulation and Limited SHIB Availability on Trade-Throughs For SHIB holders, the latest pattern of reducing supply on exchanges shows promise. Santiment statistics show that in just five months SHIB’s supply on exchanges dropped from 158.75 trillion coins to 145 trillion. Generally speaking, this change points to investors shifting their SHIB assets into private wallets—a hint that sales pressure is lowering. Whale investors, who own large volumes of SHIB, have also raised their holdings to 61.4% of the whole supply. Whales are typically a reflection of market mood and can significantly affect price patterns, hence this build indicates a vote of confidence in SHIB’s long-term viability. Although these indicators are encouraging, SHIB’s path could still be erratic given the great reliance on speculative interest and meme-based attraction. Alternative tokens like Rexas Finance (RXS) offer a great chance for investors seeking a crypto asset with better-grounded use cases and robust development foundations. Rexas Finance (RXS): A Strong Substitute With Practical Uses. Unlike SHIB, which is mostly motivated by community excitement, Rexas Finance (RXS) is a project aimed at practical uses through the tokenization of physical assets. With the blockchain economy, the platform seeks to link conventional asset markets—such as real estate, commodities, and collectibles—with Rexas Finance allowing fractional ownership by means of its tokenizing technique, therefore democratizing access to very valuable assets for regular investors. Using the Real-World Asset (RWA) tokenizing market—a sector likely to experience significant expansion as blockchain use spreads—Rexas Finance’s original strategy appeals to Through blockchain digitization of assets, RXS offers improved liquidity and reduces entrance barriers, so enabling investors to hold fractions of hitherto inaccessible assets. From high-end real estate to priceless art and goods, this democratization allows investors to be exposed to several asset classes. Ecosystem and Growth Instruments of Rexas Finance The strong ecology of Rexas Finance is one of its main assets. The site provides several features that let newcomers, as well as experienced crypto investors, access it. For example, the Rexas Launchpad helps creators to effectively raise money by letting them use tokenized assets, therefore supporting new ventures. Furthermore, the Rexas QuickMint Bot lets users easily create tokens across several Ethereum-based blockchains straight from well-known messaging apps like Discord and Telegram. Tokenization is more user-friendly since the QuickMint Bot is popular among groups that wish to do projects on the go due to its accessibility. Another absolutely important feature of the Rexas Finance system is security. By means of Rexas AI Shield, the platform performs extensive smart contract audits employing cutting-edge artificial intelligence algorithms to identify weaknesses. This focus on security not only raises user confidence but also makes RXS appealing to investors worried about the dependability of the DeFi ecosystem. Plans to list on many leading exchanges mean that RXS’s liquidity and visibility will increase greatly, therefore producing a positive feedback loop that can stimulate increased demand for the coin. Beyond simple speculative curiosity, the project’s practical uses place it well in a market progressively inclined to assets with actual value and practical usage. Conclusion: Juggling Meme Appeal with Real-World Utility Given support from whale activity and limited exchange supply, Shiba Inu’s possible breakthrough offers an interesting prospect for its owners. But as the crypto market develops, assets with solid foundations and practical use will probably draw more interest from investors. In this sense, Rexas Finance (RXS) is a noteworthy investment since it combines the asset tokenization approach attracting interest from both institutional and retail investors with blockchain transparency and security. Combining the speculative attractiveness of SHIB with the concrete value proposition of RXS might give individuals interested in diversification a fair approach to the natural volatility of the crypto market. Both assets might gain from increased market enthusiasm as the U.S. election draws near, but Rexas Finance provides a more solid investment ready to profit from actual demand. About Rexas Finance :- Website: https://rexas.com Halloween Giveaway: https://x.com/rexasfinance/status/1851983620765852009 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.

BlackRock IBIT reached its highest daily volume of $4.1B on US presidential election day. The U.S. spot Bitcoin ETFs recorded $621.90 million in net inflows on Nov 6. The victory of Donald Trump in the U.S. presidential election race has impacted the broader financial markets. Particularly, the cryptocurrency market and the related investment products. With Bitcoin (BTC) surging past $76K, the US spot Bitcoin ETFs have witnessed an escalation in trading volumes and inflows. Notably, BlackRock’s Bitcoin ETF, IBIT, reached its peak trading level, recording an all-time high daily volume of $4.1 billion. Notably, the volume of IBIT reached $1 billion in the first 20 minutes of the trading day that opened after Trump’s victory. Eric Balchunas, Bloomberg ETF analyst, reported the enormous volume of IBIT. Moreover, cited that it surpassed the trading volumes of major stocks such as Berkshire Hathaway, Netflix, and Visa. Nate Geraci, President of ETF Store, predicted that the daily net inflows into spot Bitcoin ETFs could top $1 billion by the end of the week, suggesting that the market might be on the verge of exceptional performance. Inflows into Bitcoin ETFs The US Spot Bitcoin ETFs recorded daily net inflows on November 6, with a total of $621.90 million entering the funds. Spot Bitcoin ETFs like Fidelity’s FBTC led the inflow with $308.77 million added to its holdings. Followed by ARK 21Shares’ ARKB, Grayscale Bitcoin Mini Trust, and Bitwise BITB with inflows of $127 million, $108.81 million, and $100.92 million, respectively. Besides, Grayscale’s GBTC and VanEck’s HODL registered moderate inflows of $30.91 million and $17.18 million, respectively. On the other hand, BlackRock’s iShares Bitcoin Trust confronted outflows of $69.11 million, deviating from the positive momentum observed across the range of spot Bitcoin ETFs. In addition, The US Spot Ethereum ETFs posted positive net inflows. On November 6, Ethereum ETFs had a combined total of $52.29 million in inflows, with Grayscale’s mini trust and Fidelity’s FETH securing $25.39 million and $26.90 million, respectively.

Singapore, Singapore, November 7th, 2024, Chainwire 0G Foundation in conjunction with Fjord Foundry are proud to announce its upcoming node sale on Fjord, web3’s leading capital formation platform. The sale will run from November 7th to 13th, offering participants valuation terms and an opportunity to lead in the decentralized AI space. 0G recently closed its last funding round and has strong participation from renowned VCs such as Hack VC and Delphi Ventures with the latest SAFE valuation exceeding $2 billion. The upcoming node sale on Fjord offers participants the chance to join the network at a significantly lower valuation. By purchasing a node, participants become integral contributors to 0G’s decentralised network, directly supporting the democratisation of artificial intelligence. Introducing 0G.AI’s Innovative Technologies 0G Storage: A decentralised storage solution that ensures data is securely stored across a distributed network. By eliminating central data repositories, 0G Storage enhances data security and privacy, allowing users to maintain control over their data while contributing to the network’s robustness. 0G DA (Data Availability): 0G DA addresses the critical challenge of data availability in decentralised networks. By implementing advanced cryptographic techniques, it ensures that data required for AI computations is reliably accessible when needed, without compromising on security or efficiency. 0G Serving: A decentralised AI model serving platform that allows AI models to be hosted and served across the network of nodes. 0G’s Serving framework empowers developers to deploy AI services without relying on centralised cloud providers, reducing costs and avoiding single points of failure. 0G Chain: The custom L1 (EVM compatible) blockchain underpinning the 0G network. 0G chain facilitates secure and transparent transactions, governance decisions, and coordination among nodes. It ensures the integrity and auditability of all activities within the ecosystem. Purchasing an AI Alignment Node As an alignment node operator, users contribute to the network’s processing, storage, and deployment of AI models, enhancing its resilience and efficiency. In return, node owners receive token rewards for their contributions, providing economic benefits as the network grows. Additionally, owning a node grants rewards that can empower users with governance rights within the 0G ecosystem, allowing owners to influence key decisions and shape the platform’s future. About Fjord Foundry Fjord Foundry’s mission is to democratise access to early-stage opportunities for the community of backers while providing projects the means to bootstrap liquidity in a seamless and straightforward manner. Fjord Foundry has solidified its reputation as web3’s leading capital formation platform, facilitating over $1 billion in funds raised since September 2021. By hosting the sale on Fjord, 0G leverages a platform renowned for connecting innovative projects and community backers. Participants in the node sale can benefit from Fjord’s trusted infrastructure, higher-tier offerings, and a seamless participant experience. About 0G Foundation The 0G Foundation is an organisation dedicated to driving innovation and growth maintaining the world’s first decentralised AI Operating System. Focused on creating an open, transparent, and scalable infrastructure, the 0G Foundation is committed to fostering a vibrant, decentralised ecosystem where AI can operate as a public good. Through strategic partnerships, community initiatives, and innovative technology, 0G Foundation strives to ensure the long-term sustainability and integrity of the 0G network. The node sale will be live from November 7th to 13th. To learn more and participate, users can visit https://links.fjordfoundry.com/0GAI. Contact Head of Marketing Ben Fjord Foundry [email protected]

SEC files to dismiss Kraken’s “fair notice” and “major questions” defenses. Kraken’s team criticizes timing as a tactic to dodge scrutiny. The U.S. Securities and Exchange Commission (SEC) is seeking to dismiss critical defences raised by crypto exchange Kraken in an ongoing lawsuit. In a motion filed in the Northern District Court of California, the SEC argued Kraken had received sufficient notice of potential securities violations. The legal team, however, labelled the timing of this filing as an “Election Day gambit,” asserting it’s an attempt by the SEC to avoid scrutiny over its policies. The SEC’s motion targets Kraken’s claims of “fair notice” and the “major questions doctrine” defenses. These defenses are central to Kraken’s arguments that it lacked clear regulatory guidance. According to Kraken, these issues highlight the need for better regulatory clarity and protection against what it sees as SEC overreach. Is the SEC Moving to Block Kraken’s Defenses? Kraken’s legal team asserts the SEC had previously warned it about securities classifications for certain crypto assets. The SEC believes dismissing these defenses will reduce repetitive litigation, narrow down the discovery scope, and save resources. The agency’s filing suggests that they should not be allowed to “re-litigate” issues already addressed in similar cases. Michael O’Connor, Kraken’s lead attorney, referenced the SEC’s earlier legal loss in the Ripple case, where a similar motion was denied. O’Connor criticized the SEC’s approach, accusing it of creating confusion through defective and inconsistent policies that have affected the broader crypto sector. Kraken also argues that the SEC has blocked its attempts to register with the agency. They say its efforts have been hindered under SEC Chair Gary Gensler’s inconsistent enforcement. Kraken’s defence further contests the SEC’s designation of 11 cryptocurrencies, including Solana (SOL) and Cardano (ADA), as securities. Recently, they requested a jury trial to examine these issues in full. The timing of the SEC’s filing, on Election Day, has prompted speculation about its motives. Rumors suggest Gensler may step down if there’s a change in administration, with analysts predicting that his departure could come by year-end. Highlighted Crypto News Today Who Will Replace Gary Gensler as the Next SEC Chair?

The Bitcoin price has now returned into a full bullish sentiment now that the crypto fear and greed index has flipped into greed. This shift reflects growing confidence among investors as optimism takes hold in the cryptocurrency market. For many investors, this renewed positive outlook serves as a strong foundation for more gains in the Bitcoin price. According to a crypto analyst, Bitcoin is ripe for a final ascent to the $300,000 price level. Interestingly, this outlook is not just based on the current bullish sentiment, but the analyst is going off of technical analysis of the current Bitcoin price action. Final Ascent For Bitcoin Price Crypto analyst Gert van Lagen took to social media platform X to share an intriguing outlook concerning Bitcoin and its price action this year in light of the recent US presidential elections and its effect of its price. Speaking of an intriguing outlook for the Bitcoin price, analyst van Lagen highlighted that Bitcoin is still on track to reach $250,000 this year. His outlook came through a funny poem and a play of words on the Bitcoin price action from August, which he titled “#Bitcoin – The Final Ascent.” The analyst also shared a BTC price chart with technical analysis. Central to van Lagen’s analysis is a detailed look at the cup and handle pattern that has been developing in Bitcoin’s price chart since the 2022 bear market. According to his analysis, the ‘cup’ portion of this pattern began forming in early 2022 and eventually concluded with Bitcoin’s surge past its previous 2021 all-time high in March 2024. The subsequent consolidation phase, which lasted until October, represents the ‘handle’ segment of the pattern. With recent inflows driving Bitcoin to fresh all-time highs, the price has now broken out from the neck of long-standing cup and handle formation, marking the beginning of what van Lagen dubs ‘the final ascent.’ What’s Next For Bitcoin? The cup and handle pattern is often seen as a bullish continuation signal. Breakouts from this pattern often indicate that the asset is about to experience a massive upward movement. In the case of the Bitcoin price and its breakout from the cup and handle pattern, Gert van Lagen highlighted a surge to the $300,000 price level. Notably, this outlook is also based on the prediction of a recession in the next six months. “A warning sign we can’t abide. For history shows in months but six, Recession strikes—the clock now ticks,” he said. In terms of a projected timeline, van Lagen expects the Bitcoin price to reach $250,000 and subsequently $300,000 latest by February 25. At the time of writing, Bitcoin is trading at $74,845. A surge towards $250,000 and $300,000 will represent 235% and 300% increase, respectively, from the current price level.

As the Federal Open Market Committee (FOMC) meets today, the crypto market’s focus is on the Federal Reserve’s forthcoming announcements. Scheduled for 2:00 PM ET are both the Fed Interest Rate Decision and the FOMC Statement, with Fed Chair Jerome Powell’s press conference following at 2:30 PM ET. These events are poised to have significant implications for cryptocurrencies and broader financial markets. What The Crypto Market Can Expect Market participants overwhelmingly anticipate a rate cut. According to the CME FedWatch Tool, 97.5% expect the Federal Reserve to implement a 25 basis points (bps) rate cut. This expectation aligns with recent economic indicators and reflects a consensus that the Fed will continue its cautious monetary easing. “The Federal Reserve is expected to cut the Fed funds rate by 25 basis points at the November 7 meeting. This aligns with market expectations and follows a weaker-than-expected nonfarm payroll report,” Althea Spinozzi, Head of Fixed Income Strategy at Saxo Bank, notes. The Fed is likely to maintain a measured approach, emphasizing gradual rate cuts over abrupt policy shifts. Chair Powell is expected to underscore a data-dependent and restrained policy stance, focusing on the nuanced dynamics of the current economic landscape. Spinozzi adds, “The Fed is likely to continue its measured approach, emphasizing gradual rate cuts rather than drastic policy shifts. Chair Jerome Powell is expected to highlight a data-dependent and restrained policy stance.” While headline inflation appears to be easing, core components suggest persistent pressures. The overall Consumer Price Index (CPI) increased by 2.4% year-over-year in September, the lowest since February 2021. However, critical sectors like shelter and services continue to see elevated prices. Shelter prices are up 4.9% year-over-year, and services excluding energy rose by 4.7%. “The core PCE inflation rate—a key Fed measure—has stabilized at an annualized 2.3% over both three- and six-month averages but continues to run above the Fed’s 2% target,” Spinozzi highlights. Persistent inflation in these sectors could exert upward pressure on overall inflation, complicating the Fed’s efforts to achieve its target. The labor market remains robust despite recent disruptions from hurricanes and strikes. The unemployment rate stands firm at 4.1%, and temporary layoffs have declined in October. Wage growth is showing signs of cooling; the Employment Cost Index (ECI) for Q3 surprised to the downside at 0.8% quarter-over-quarter, the softest since Q2 2021. Year-over-year, the ECI remains elevated at 3.9%, significantly above the Global Financial Crisis (GFC) average of 2.16%. Weekly jobless claims are also well below the post-GFC average, indicating sustained labor market strength. Overall, the US economy has exhibited unexpected robustness. Third-quarter GDP grew by 2.8% annualized, and personal consumption rose by 3.7%, the strongest quarter since early 2023. However, concerns about the sustainability of this growth persist. Real disposable income has softened, and household savings are declining, potentially limiting future consumer spending. Adding to the complexity is the US presidential election. The victory by Donald Trump could significantly influence fiscal policies, thereby impacting the Fed’s longer-term rate path. “The Federal Reserve will be mindful of how its actions and commentary could influence financial markets that may already be experiencing quite volatile conditions,” James Knightley, Chief International Economist at ING, remarks. For crypto traders, Jerome Powell’s commentary during the FOMC press conference on anticipated inflationary effects stemming from the Trump election is the key focus. Experts expect that the Trump presidency could lead to policies that underpin inflation, such as tax cuts and increased fiscal spending, potentially forcing the Fed to keep rates elevated. Despite the political backdrop, the Fed is expected to proceed with the rate cut. ING analysts suggest, “Even after September’s 50bp rate cut, monetary policy is in restrictive territory, and the Fed has scope to keep cutting rates back to a more neutral level to give the economy a little more breathing space to continue growing strongly.” The current target range for the Fed funds rate is 4.75% to 5%, well above the estimated “neutral” level of 3% to 3.5%. The consensus is that the Fed has room to normalize its policy, especially with the labor market cooling. The crypto market will be closely monitoring not just the rate decision—which appears largely priced in—but also the Fed’s commentary on inflation, economic growth, and the potential impacts of the presidential election. Any indications from Chair Powell regarding future policy shifts could have significant implications for the Bitcoin and crypto markets. At press time, Bitcoin traded at $75,080.

The SEC Chair is expected to be replaced soon as promised by Donald Trump. The regulatory body has been taking a hostile approach towards crypto regulations over the past years. A change in leadership, especially a nationwide one can instigate a wave of changes. With new presidential terms incoming in the USA, its leading crypto regulator, the Securities and Exchanges Commission (SEC) is also expected to undergo a leadership change. This is in accordance with Donald Trump’s promise to fire the current SEC Chair, Gary Gensler. During his campaigns, the 47th president, Donald Trump had promised to fire Gary Gensler on his first day of presidency. The SEC chair showed hostility to the digital assets sector holding onto a policy of regulation through enforcement. On the other hand, Trump’s win has caused general speculation within the community on who would be chosen as the next Chair of the SEC. Several community members have expressed their opinions on potential candidates who could replace Gary Gensler as Chair. On November 6, Galaxy Digital’s CEO, Novogratz, discussed that Hester Peirce had a high chance of being elected as the next SEC chair. Hester Peirce is currently the Commissioner of the SEC and is known to have expressed opposition to Gensler’s approach. Meanwhile, crypto lawyer, Jake Chervinsky according to reports has stated that Hester Pierce might have a low chance of becoming the Chair. He said that Mark Uyeda, former SEC commissioner, has higher chances. Chervinsky tweeted that Trump’s top priority must be to alter the crypto regulatory policy. Who are the Other Prospective SEC Chair Candidates? The community has propounded several prospects for who would take charge of the US regulatory body. These prospective members have either held positions as Commissioner or other posts earlier and or leaders of financial firms. Several of them hold a history of having a pro-crypto stance. The aforementioned, Hester Peirce is stated to be a ‘crypto mom’ by the community for her raising her voice against the crypto regulatory methods. Robinhood’s CLO Dan Gallagher is also expected to be one among the choices. Gallagher was an SEC commissioner in Obama’s 2011 to 2015 term. Apart from them, the author of “CryptoDad: The Fight for the Future of Money”, Chris Giancarlo also holds the potential to be elected the SEC Chair. The entire crypto community is looking forward to seeing a leadership change in the regulatory body after the US elections. The SEC’s past regulatory methods were forceful with endless lawsuits such as that of Ripple and Coinbase. Highlighted Crypto News Today: Is the Crypto Bull Run Here to Stay in Moonvember?

Cytonic, the world’s first multi-virtual-machine blockchain, today announced it has raised $8.3 million in a seed funding round co-led by Lattice and Lemniscap, with participation from IOBC, Nomura, Lyrik, Public Works, Arthur Hayes and other notable investors. Developed by MultiVM Labs, Cytonic is a decentralized execution layer that tackles one of the blockchain industry’s most pressing challenges: compatibility. As fragmentation across multiple chains continues to grow, developers and users face increasing barriers that limit the full potential of blockchain technology. Cytonic introduces the first Layer 1 blockchain capable of running multiple virtual machines within the same network layer while using shared storage. This breakthrough allows transactions involving different state transition functions (STFs) to be processed together within a single state transition. Currently, Cytonic is designed to be identical to both Ethereum and Solana, enabling all existing tooling, wallets, and decentralized applications (dApps) that operate on EVM and SVM chains to function seamlessly on Cytonic. Cytonic minimizes transaction fees and reduces waiting times for moving assets between chains, making decentralized applications more accessible and user-friendly. On the Cytonic blockchain, users can swap assets across different VMs atomically without rollback issues or cross-chain vulnerabilities. For example, users can swap Base tokens (ERC20) for Solana tokens (SPL) within the same liquidity pool on a single decentralized exchange (DEX), radically increasing capital efficiency. This approach fundamentally addresses interoperability challenges and vulnerabilities inherited from hundreds of different blockchain architectures, all while maintaining full compatibility with them. Having experienced firsthand how compatibility issues hinder growth across the crypto industry, Cytonic Founder Ivan Miskovic recognized the critical need for a solution that simplifies horizontal scaling for applications and addresses liquidity management challenges for users. Ivan, former Executive at Spin Labs, along with his co-executives—Chelsea, former Partner at Foresight Ventures, and Badconfig, former Senior Engineer at Faraway—have years of experience building and investing in decentralized technologies across Bitcoin, Ethereum, Solana, Near, and other notable projects. United by a shared vision to resolve blockchain’s compatibility challenges, the Cytonic team is dedicated to making on-chain interactions easier and more efficient for all participants. Thanks to its EVM and SVM compatibility, projects from any EVM or SVM chain can seamlessly migrate to Cytonic and tap into liquidity from different networks without the usual complexities of cross-chain operations or chain abstraction. This breakthrough in core infrastructure compatibility enables developers to deploy existing applications on Cytonic without rewriting any code, streamlining both development and growth processes. Projects can harness the unique strengths of different virtual machines while maintaining universal compatibility on the network. This not only simplifies the user experience but also reduces fragmentation, enhances ecosystem diversity, and makes blockchain technology more accessible and practical for widespread adoption. Ivan Miskovic, Founder of Cytonic, said: Regan Bozman, GP at Lattice, said: -ENDS- About Cytonic Cytonic is pioneering the first multi-virtual-machine blockchain, with a mission to seamlessly integrate diverse networks like Bitcoin, Ethereum, and Solana into a unified Layer 1 blockchain solution. Operating on a global scale, Cytonic ensures connectivity and interoperability across multiple decentralized networks. Website: https://www.cytonic.com/ X: https://x.com/cytonic_com Discord: https://discord.gg/K3RgfYS5 Media contact: [email protected] Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Many investors are looking for attractive assets that might provide exponential growth and maybe even generate generational wealth as the bull run picks steam. Now fast rising as the “XRP Killer,” Rexas Finance (RXS) is an original project that’s fast-rising. Rexas Finance is attracting both experienced investors and newbies alike with analysts projecting a startling 20,598% rise from its present pricing. Let’s consider how its real-world asset tokenization (RWA) technology and user-friendly approach make this investment unique as we investigate why this project is taking off. Why Rexas Finance (RXS) Is Standing Out in the Crypto World Starting at merely $0.030, Rexas Finance started its presale and has already risen to $0.070 by presale stage 5, therefore obtaining a 134% gain, since it avoided venture capital and chose to offer tokens in a presale. Rising over $5.5 million from over 160,000 enthusiastic investors, Rexas Finance is making ripples both on CoinMarketCap and CoinGecko. Furthermore evident from ambitions to open on three of the top 10 Tier 1 exchanges early in 2025 is Rexas Finance’s position for notable expansion. If presale attendees get in early, the expected launch price is $0.20, meaning they might make gains of almost 230%. Beyond these pleasing figures, Rexas Finance is transforming individuals’ views of and handling of their assets. Rexas Finance lets users tokenize and trade actual assets—from real estate to commodities—from a safe and accessible digital environment using its RWA tokenizing platform. Setting Rexas Finance distinct from both conventional cryptocurrencies and meme coins, this utility-driven model is attracting venture capital interest and offers a realistic answer to asset management and ownership. Potential to Soar: Could Rexas Finance Reach $14.5? Rexas Finance’s growth estimates are rather remarkable. Reaching a goal price of $14.5 from a projected growth of 20,598%, this is not just hype—rather, it is supported by a well-organized platform and strong investor demand. Should these estimates hold, an early investor who bought $12,000 worth of RXS at $0.030—buying about 400,000 tokens, could see their initial investment surge to $5.8 million by the time RXS reaches $14.5. This kind of return might generate generational wealth by transforming a quite small initial investment into a life-changing sum. Rexas Finance’s presale is a great chance for anyone wishing to profit on this bull run and enter early. Now is a key time to join before the token releases at $0.20 since the presale price of $0.070 is projected to rise steadily with each step. The continuous $1 million giveaway by Rexas Finance adds to the thrills. Comprising 160,845 submissions and counting, the competition gives 20 lucky winners access to $50,000 in RXS tokens each. This makes even more motivation to participate in the presale as by posting and finishing activities on the Rexas Finance website investors can increase their chances. This endeavor goes beyond merely developing new crypto. The real-world asset tokenization platform of Rexas Finance has the ability to change the financial scene and democratize asset ownership by means of efficiency. Unlike many initiatives on the market, Rexas Finance blends technology and practicality, which is why market analysts are progressively hopeful about its long-term possibilities. The goal of Rexas Finance is to remove the complicated, expensive obstacles usually related to asset sales. Rexas Finance lets even nontechnical people develop, run, and trade asset-backed tokens by providing a flawless user experience. For those who see blockchain’s long-term ability to upend sectors, this initiative marks an interesting new front line. The Bottom Line: Rexas Finance as a Generational Wealth Opportunity Rexas Finance is a special prospect in the crypto scene of today with a forecasted increase of 20,598%. For those who participate quickly and join the presale, there is a possibility for gains that might even surpass those of early XRP investors. Rexas Finance is a project worth looking at regardless of your level of experience with cryptocurrencies; its intriguing platform, active community, and outstanding presale performance appeal. Rexas Finance can very well be the golden ticket if you’re committed to building riches this bull run. Seize your opportunity to travel this road. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Halloween Giveaway: https://x.com/rexasfinance/status/1851983620765852009 Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

In the past 24 hours, the price of Binance Coin (BNB) increased by 5%, which is indicative of a consistent upward motion. BNB, which just broke the vaunted $600 barrier, is attracting the market’s focus due to indications of bullish momentum. However, the data at CoinCheckup suggests that BNB is trading about 20% below its expected price for the next month. This undervaluation might thus be a sign of potential for near-term profits if this trend does not change anytime soon. Binance Coin: Mixed Sentiment & Cautious Optimism BNB’s technical figures indicate a cautious optimism regarding market sentiment. The Relative Strength Index (RSI) is consistently around 50, indicating a balanced sentiment that is not subject to significant pressure from either purchasers or sellers. This neutrality in itself says that the market is not overheating and, by extension, BNB could surge either way without a clear, outstanding trend. Another very important indicator to monitor is the Chaikin Oscillator, and it’s currently at -35K. Thus, there’s virtually no buying accumulation. Meanwhile, in the absence of a change in market sentiment that may attract more buyers into the fray, the lack of capital inflow might be the thing that keeps BNB from further rallies. The trading volume of BNB rises by 31% within 24 hours, therefore the market activity and interest are rising. Investor interest is observable via the figure for volume-to-market capitalization ratio, which is at 2.46% currently, and based on this increase, but what is being tested is whether interest supports the upward move of prices. Short-Term Pressures And Trading Volatility The liquidation map of BNB demonstrates concentration zones that may jeopardize price stability in the immediate term. The potential for price volatility exists if BNB surpasses $590; short positions are highly concentrated at the $583 level. This can push these short positions, and subsequently, act like a domino effect that might push prices up higher. Long liquidations are triggered when the price falls below $570. This means if the BNB price drops, sells can be accelerated as the positions near their end. These levels are the critical points a short-term trader should be watching. Depending on the behavior of the market, the price fluctuations around these levels can either have risks or present opportunities. Long-Term Forecast With projections indicating a potential rise of 60% over the next three months and a subsequent increase of 30% over six months, BNB’s outlook remains optimistic (although it is important to remain cautious). Furthermore, the anticipated growth rate of 53% suggests that the 12-month forecast is robust, which is promising for investors. The recent token burn activity of BNB—leading to the definite elimination of 1.77 million tokens (which are estimated to be worth about $1 billion)—has emerged as the main reason for this positive sentiment. This supply reduction is crucial for price stability and BNB growth for long-term investors. Each burn increases the value of the remaining tokens, but the volatile market makes it uncertain how these dynamics will play out. Featured image from DALL-E, chart from TradingView

A bullish trend in trading volume follows the Lido DAO (LDO) price surge. The liquid staking protocol observed an 8.9% spike in total value locked (TVL). Lido DAO’s LDO, a prominent liquid staking token (LST), landed in the top 3 crypto gainers with a 20.8% price surge over the past 24 hours. Significantly, this LST recorded a 38-day high of $1.446. The entire U.S. election scenario triggered Bitcoin to hit an all-time high (ATH), subsequently leading to the altcoin market’s resurgence. Green candles and notable gains are dominating the crypto market today. Notably, the price surge of LDO is backed by a bullish uptick in trading volume. In the last 24 hours, LDO’s daily trading volume saw a 176.61% surge, reaching $305.5 million. Amid this rally, the LDO market witnessed a massive whale transfer over the last 12 hours. Paradigm Capital transferred its entire 70 million LDO holdings in two transactions. According to Lookonchain data, the firm accumulated these tokens in May 2021. Meanwhile, the liquid staking protocol’s total value locked (TVL) increased by 8.76% over the past 24 hours. Based on DefiLlama data, the TVL jumped from $23.70 billion to $27.72 billion. Let’s dive into the Lido DAO price increase analysis and the factors supporting its current gains. Lido DAO (LDO) 24H Price Analysis At the time of analysis, LDO traded at $1.37 with a market cap of $1.22 billion. As mentioned earlier, the altcoin’s price surge is accompanied by bullish trends in trading volume. This is evident from the pattern shown by the on-balance volume (OBV) indicator on the daily LDO price chart. The OBV appears to be on an upward trajectory, indicating rising buying pressure, which supports a potential bullish rally. Analyzing the Fibonacci retracement is crucial for understanding and forecasting the fate of LDO’s bullish momentum. If the token fails to hold the support at $1.244 (38.2% Fibonacci level), the uptrend will begin to weaken. Furthermore, a bearish move could trigger a downturn toward critical support levels such as $1.119 (61.8% Fib) and $1.030 (78.6% Fib). On the other hand, other tokens from this liquid staking protocol—stETH, WSTETH, and stMATIC—also recorded notable price gains. Lido Staked ETH (stETH) saw a brief uptick of 7.2%, reaching $2,814. Lido wstETH (WSTETH) spiked 7.95% to $3,333, while Lido Staked Matic (stMATIC) gained 5.2%, reaching $227.31.