On Thursday, Tether (USDT), the world’s largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC). Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether’s growth, with a net profit of $2.5 billion for Q3, contributing to a consolidated profit of $7.7 billion for the first nine months of 2024. This marks a significant achievement for the company, with total assets reaching an all-time high of $134.4 billion. Another notable accomplishment in the report was the expansion of Tether’s stablecoin supply, which now exceeds $120 billion in circulation. This represents a 30% increase since the beginning of the year and reflects the growing global demand for Tether’s stablecoin, USDT. Tether’s reserves are now at over $105 billion in cash and cash equivalents, including $102.5 billion in direct and indirect exposures to US Treasury bills (T-Bills). If categorized as a country, the stablecoin company would rank among the top 18 holders of US Treasuries globally, surpassing nations like Germany and Australia. CEO Ardoino Criticizes ‘Inclusion Washing’ By Other Firms CEO Paolo Ardoino emphasized the company’s dedication to transparency and responsible risk management, stating “Tether’s performance in Q3 showcases our relentless commitment to liquidity and financial stability,” pointing to the increase in the reserve buffer to over $6 billion and investments made through Tether Investments. The Tether CEO revealed that these investments span various sectors, including renewable energy, Bitcoin mining, artificial intelligence (AI), telecommunications, and education. In a recent social media post on X (formerly Twitter), Ardoino also highlighted the importance of USDT in promoting financial inclusion, particularly in developing countries. He noted that a significant portion of USDT’s usage is concentrated in regions with limited traditional banking services. “USDt is the digital dollar for hundreds of millions of people who the banking industry has left behind,” Ardoino explained, underscoring the stablecoin’s role in providing financial access to “underserved populations.” Despite progress, Ardoino acknowledged that a substantial portion of the global population—approximately 3 billion people—still lacks access to basic financial services. Ardoino further criticized the notion of “financial inclusion washing,” where companies make grand claims about enhancing financial access without delivering tangible results. In contrast, the CEO said Tether aims to lead the charge toward “a more inclusive financial ecosystem.” At the time of writing, the market’s largest cryptocurrency, Bitcoin, was trading at $69,390, having lost its consolidation above the key $70,000 resistance level while recording a 1.2% drop in price over the past 24 hours. Featured image from DALL-E, chart from TradingView.com

After recovering from the market retrace, SUI is trying to reclaim the $2 mark and break out from a bullish pattern. Some market watchers suggested the cryptocurrency will pull some “big moves” toward a new all-time high (ATH). SUI Recovers From Halloween’s Correction As October ended, the crypto market saw a spooky correction led by Bitcoin’s drop below the $70,000 mark. Most cryptocurrencies experienced a significant retrace, with Ethereum and Solana bleeding around 5%. SUI, the native token of the Sui Network, joined the rest of the market and declined by 4%, losing its recently recovered $2 support. The cryptocurrency has been one of the best-performing tokens in the past few months, outperforming most of the market during Q3. Moreover, it recorded a 25% rise toward its latest $2.35 ATH two weeks ago. Following its rally to its ATH, SUI’s price faced an 18.5% correction, making investors and analysts forecast a longer consolidation time for the token. Earlier this week, the token followed BTC’s surge and eyed the $2.15 zone, which previously propelled the price toward its latest ATH. Nonetheless, the token reached the lower levels of the $1.90 support zone on Friday morning amid the market retrace. Today, SUI surged 9.3% from its $1.92 daily low to hit the $2.10 mark before retracing to $2.07. Some analysts consider the cryptocurrency is gearing up to “put in a big move” following the correction. Is A Retest Of The $2.35 ATH Looming? Analyst AMCrypto pointed out that SUI’s recent performance could target a breakout from a bull flag formation. Per the chart, the cryptocurrency displays this bullish pattern in the three-day chart, with the breakout target sitting at $2.05. The analyst stated that if SUI successfully breaks above the upper trendline, “it’ll pump towards its previous ATH.” Meanwhile, crypto analyst Altcoin Sherpa proposed two short-term outcomes for the token. Sherpa considers the cryptocurrency will test the ATH zone and pull back to the current levels at least once more in the coming weeks. He indicated the price could drop to $1.65 if it fails to hold the $2 support. However, it could also bounce from this level after the retrace and rally toward a new ATH of around $2.7 by year-end. Sherpa previously suggested that tokens with a strong September performance still have “a bit more pullback to go” with “plenty of bounces” before resuming their run. Most of the market will experience volatility in the coming days as speculation and anticipation build up for the outcome of the US presidential elections, scheduled for next week. Analyst Michaël van de Poppe noted that most altcoins, including SUI, were in a correction period and explained how its retest of the $1.90-$2 support is “crucial for further upward momentum.” As of this writing, SUI is trading at $2.05, a 3.5% increase in the last 24 hours.

IntelMarkets (INTL) is significantly captivating the market’s attention, and for good reason. This new DeFi coin stands out from most crypto tokens. The platform offers amazing features that solve the problems faced by crypto traders. As INTL continues its presale, experts are predicting it could become a major player in the market. Could a $1,000 investment in this new crypto project outperform established tokens like Litecoin (LTC) and TRON (TRX)? Let’s find out! New Crypto Alert: IntelMarkets Emerges as The New Frontier for Traders and Crypto Investors The excitement surrounding IntelMarkets is understandable. This new crypto platform offers a range of tools that can benefit both experienced and novice traders. One of IntelMarkets’ key features is its dual-chain functionality. This allows traders to choose between Ethereum and Solana blockchains. This flexibility is a game changer. For traders, this means quicker transactions and lower fees. They also have the freedom to fine-tune strategies on the blockchain that suits them best. Another compelling advantage of this new crypto project is access to perpetual futures contracts with up to 1000x leverage. Imagine amplifying a trade by 1,000 times, opening doors to substantial returns even from small market movements. This is a leap beyond standard trading capabilities offered by tokens like Litecoin and TRON. As the project continues to advance in its ongoing public presale, INTL is gaining momentum amongst traders, investors, and crypto enthusiasts. The platform’s amazing features and innovative solutions are fueling a bullish outlook. This positions it above top altcoins like Litecoin and TRON. Litecoin Outpaces Bitcoin & Ethereum in Transactions: What’s Next? Litecoin is showing strong potential as transaction data reveals it’s leading in volume among top cryptocurrencies. This increase in use reflects a growing trust from both users and companies. The DeFi coin is known for faster transactions and lower fees. Adding to its growing momentum, Litecoin has seen a notable increase in its Exchange-Traded Fund (ETF). According to a recent blog post, Litecoin’s ETF experienced impressive inflows this past week. In total, these inflows reached $901 million. This surge indicates increasing investor interest in Litecoin and other digital assets. These developments have positively influenced the price performance of the DeFi coin in the past month. The price of LTC moved from $62.77 to $71.32 between October 3 and October 31, 2024. However, it dropped to the $68 price level on November 1. Despite this decline, market experts believe Litecoin could reach $100 by 2025. TRON Eyes $1 Mark: Rising Liquidity and Growing USDT Transfers Fuel Momentum TRON (TRX) is showing strong potential as it gains traction within the cryptocurrency space. A recent tweet from TRON’s community hints at a bold target, with hopes of the token reaching over $1. Recent data shows a positive liquidity trend on TRON’s blockchain, driven by a steady rise in USDT transfers. This signals growing investor confidence in using TRON for transactions, and points to a strong, dynamic ecosystem. TRON’s appeal lies in its low fees and fast transaction speeds, making it an efficient choice for investors. This increase in transfers suggests the potential for higher trading activity. As transfer volume climbs, TRON’s liquidity strengthens, indicating a bullish momentum for the token. As expected, TRX has been on a bullish path recently. The DeFi coin moved from $0.153 to $0.168 between October 1 and November 1, 2024. At this pace, experts believe TRON could reach the $1 mark by 2025. INTL DeFi Coin Shakes Up Market with Stock Buying Feature: Could This Be The Next 100x Token? INTL’s commitment to real-life utility sets it apart. Unlike Litecoin and TRON, which are largely centered around transaction speed and decentralization, IntelMarkets goes further by enabling users to buy stocks with crypto. This is rarely seen in the current market. Currently the DeFi coin is in Stage 4 of its presale, offering tokens at $0.0365. The presale’s structured approach, from Stage 1 through Stage 12, ensures that early investors see growth as the project gains momentum. As it approaches its presale price target of $0.11, investors in this stage can expect a 200% ROI. Post launch, market analysts predict that this new crypto project has the potential to be one of the market’s top performers. With its innovative features and growing recognition in DeFi, price projections show INTL could reach and possibly exceed the $1 mark in 2025! Visit Intel Markets Presale Join The INTL Community 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.

Solana DEX Raydium’s token RAY records the highest gains in October 2024. The MemeFi wave propelled the upside of DEX volume within the Solana ecosystem. Had Bitcoin not rallied to $73.5K, October would likely be remembered as Rektober rather than Uptober. Several altcoins also experienced notable rallies on the charts. Among them, Raydium (RAY) staged an impressive price jump—a 115% spike over 30 days. RAY — the native token of Raydium, a decentralized exchange (DEX) on Solana — surged to its 30-month high at $3.618 on October 27. The altcoin jumped to this peak from $1.66, recorded at the start of last month. RAY/USDT Price Chart (Source: TradingView) Closely examining the daily price chart, one can observe a bullish sign in late October—a golden cross. The short-term 50-day moving average (50MA) has overtaken the long-term 200-day moving average (200MA), pointing to a potential bullish rally for this altcoin. At the time of writing, the Solana token Raydium (RAY) is trading at $3.45 after experiencing a 15.7% increase in the last 24 hours. During this price surge, the altcoin’s trading volume also rose by 37.78% to $103.34 million. Uptober Trajectory of Solana DEX Raydium RAY’s upswing is closely linked to the rise of Raydium. The Solana DEX saw impressive rallies across various metrics this October. These growth spikes are largely credited to the upside of MemeFi aka memecoin frenzy. Notably, the total value locked (TVL) in Raydium soared from $1.123 billion on September 30 to its 35-month high of $2.08 billion. Additionally, Raydium recorded an impressive 170.7% rally in one of the most important metrics—DEX volume. Before the start of October, it stood at $671.8 million — 11.6% market share and then rose to $1.819 billion on October 23. Currently, this largest Solana DEX holds a market share of 16.6%. RAYDIUM — SURGE REPORT (OCTOBER) Total Value Locked (TVL) 85.75% Volume 170.7% Fees 306.1% Revenue 324.3% Source: DefiLlama Thirdly, Raydium marked an impressive 324.3% surge in its revenue generation. In September, the Solana DEX earned over $836.66K and grew this figure to $3.55 million by October. Furthermore, the fees generated by the DEX rose by 306.1% during the month, climbing from $16.06 million to $65.22 million.

Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737, yesterday’s quick drop in price cast doubts on whether the top digital asset will be able to record a new ATH. According to CoinGlass data from the crypto liquidations tracker, more than $296 million of active positions were liquidated in the last 24 hours. Nearly 77% were long positions, indicating that traders were largely betting on BTC’s continued upward momentum. Binance saw the most liquidations at $124 million, followed by OKX with $74 million and Bybit with $65 million. In digital assets, Bitcoin led with over $97 million worth of positions liquidated, followed by Ethereum (ETH) at $47 million, and Solana at nearly $17 million. With yesterday’s slump, the total crypto market cap has shrunk by about 3.5%, currently valued at $2.48 trillion. It is worth noting that although BTC is close to its ATH, the total crypto market cap is still considerably far from its ATH of $2.98 trillion recorded in November 2021. The gap between BTC’s performance and the overall market cap suggests that altcoins have not kept pace with BTC’s recent gains, contributing to the disparity. This could also indicate a cautious investor sentiment, favoring BTC over altcoins during uncertain periods. At the same time, it suggests that there is still a lot of room for altcoins to grow, which could tempt some more risk-seeking investors to accumulate altcoins in hopes of extraordinary gains relative to BTC. That said, Bitcoin dominance – a metric that gauges the proportion of the overall crypto market cap commanded by BTC – is steadily climbing toward 60%. A higher BTC dominance could spell disaster for altcoins already trailing BTC in price action. Can Bitcoin Still Hit ATH? The question on the minds of crypto enthusiasts is whether BTC will achieve a new ATH during this rally. The answer is not straightforward. Factors supporting a potential new ATH include the increased likelihood of pro-crypto US presidential candidate Donald Trump winning the election, the effects of BTC halving, increased inflows to BTC exchange-traded funds (ETF), and a low interest rate environment. On the contrary, sentiment indicators like the Fear and Greed Index suggest the market is still in a ‘greed’ phase, hinting that there could be more pain for the market before the next leg up. Regardless of the outcome, the crypto market will likely remain volatile in the coming days. However, long-term BTC holders do not appear fazed by this prospect, as profit-taking remained relatively muted when the digital asset crossed $71,000. At press time, BTC trades at $71,524, up a modest 0.6% in the past 24 hours, with a reported market cap of $1.41 trillion.

Polkadot is among the top blockchains, securing a spot in the top 20. Even though the platform promotes blockchain interoperability, a feature needed in the age of increasing fragmentation, DOT prices have failed to inspire bulls. This state of affairs on price charts reflects the general trend across the board, especially in leading smart contract platforms like Ethereum and Solana. Polkadot Treasury Reserves Down To All-Time Lows Unyielding bears have been forcing prices lower over the months since DOT rose to around $10 in Q1 2024, depleting the Polkadot Treasury Reserves. In early November, one observer on X said they stood at all-time lows. However, it could get worse for Polkadot should the bears of Q3 2024 flow back, forcing prices below local support levels. The daily chart shows that DOT has critical support at around $3.8. This level marks September and October lows. On the other hand, the coin is facing strong liquidation pressure at $4.6 and $5. As the coin ranges, the direction of the breakout could shape the short—to medium-term trend but also impact the Polkadot Treasury. A lot depends on whether DOT prices will recover, which will, in turn, help the Polkadot Treasury reserves recover. Technically, prices play a big role. When bulls take over, the reserve, denominated in DOT, increases in USD terms, easing pressure on the team. Policy Intervention To Boost Funds To further increase inflows into the Treasury Reserves, the Polkadot community passed a policy to reduce inflation. Specifically, the community voted to drop DOT annual inflation from 10% to 8%. With low inflation and sustained on-chain demand, DOT prices may find support. Additionally, 15% of staking rewards distributed from stakers will be moved to the Treasury. The analyst predicts these changes could boost the Treasury by adding 1.5 million DOT. This will be the much-needed infusion of funds that may increase the Treasury Reserves after months of low income. The team could build better and even strike quality partnerships, improving the blockchain’s ecosystem. Based on H1 2024 data, the team spent most on outreach, while nearly 27% went to development. The rest was split between funding research, operations, talent, and the economy. Given the valuation in the year’s first half, they spent $87 million, or around 11 million DOT, in total.

Bitcoin price has seen many cycles over the years, marked by distinct growth phases, peaks, and corrections. To better understand these cycles, a CryptoQuant analyst, using the pseudonym ‘datascope,’ has highlighted the relevance of the UTXO Block Profit/Loss (P/L) Count Ratio Model. This tool offers unique insights into the balance of profitability and losses among Bitcoin market participants, serving as a lens to examine potential price reversals. By focusing on various moving averages, this model tracks price fluctuations and shows how profitability shifts within the market over time, offering clues about when new market peaks might form. Predicting Market Peaks Through Profit And Loss Ratios Datascope’s analysis highlights the significance of short, medium, and long-term trends captured by 7-day, 30-day, and 365-day moving averages. This multi-perspective approach is valuable for long-term investors and short-term traders, as it distinguishes between shifts impacting immediate market movements and those affecting longer-term cycles. The model demonstrates that changes in the profitability ratio are critical for gauging market sentiment and potential price movements. As Datascope explains, a decrease in overall profitability ratios suggests that short- and medium-term trading strategies may now be more practical, responding to a market less defined by extreme long-term price swings. One of the key findings from the UTXO P/L model is the behavior of the 30-day profit and loss ratio relative to the 365-day moving average. Datascope noted that when the 30-day ratio rises above the 365-day average, it could signal a new price peak. In simple terms, crossing short- and long-term profitability lines indicates that investor sentiment is shifting towards more profitable conditions. Price increases have historically followed this occurrence as optimism fuels further buying pressure. For instance, the analyst pointed out that while economic conditions varied between 2021 and 2022, similar trends were observed in the model during both years, particularly in how the profit and loss ratio used the annual moving average as a resistance line. Datascope suggests that if the profit and loss metrics consistently stay above the annual average, Bitcoin may be on track to establish new highs. Bitcoin Market Performance Meanwhile, Bitcoin is seeing an increase in price following a recent correction that led to the asset’s price falling below $70,000 yesterday. Bitcoin currently trades for $70,379, down by 0.9% in the past day. Before this decrease, the asset experienced a surge, recording a 24-hour of $71,500. Featured image created with DALL-E, Chart from TradingView

Reports showed that Bitcoin price slightly dipped in the last 24 hours but continues to hang on the $69,000 level after breaching over $73,000 several days ago. Despite the impressive BTC price hike, interest in the cryptocurrency is not picking up as Google searches remained flat. Bitcoin Nears All-Time High Bitcoin still performed well last October 2024 despite experiencing a slight decrease in price, falling below $71,000 to $70,800 and failing to meet investors’ expectations of the coin hitting the $73,700 mark. Despite the dip, it has been a good month for BTC because its performance nearly reached an all-time high. Records showed that October has always been a pivotal month for Bitcoin to gain momentum for a price upsurge. According to Lookonchain, the cryptocurrency consistently obtained significant gains in October, a recurring trend since 2013. Last year, Bitcoin’s October rally brought a 28% gain for the coin which according to analysts paved the way to a five-month price upswing. During the bull run, BTC started at $26,965 and gradually gained momentum over the succeeding months, breaching the $73,000 barrier in March 2024. Will BTC repeat the same price movement as last year? A price rally could unfold as October 2024 ends. Interesting Phenomenon Bitcoin might be performing well and nearly hitting an all-time high, but an analysts noted a bizarre phenomenon. Analysts remarked that BTC is near its record high, but its online mentions are falling behind, saying, Google searches for Bitcoin remained notably low. It could mean that there is little retail participation despite the price upsurge. According to AltIndex, the cryptocurrency’s score at Google Trend is 37 out of 100, indicating that only a small number of people are searching for Bitcoin on the search engine Google. BTC Bull Run And Google Searches Analysts said that there is a relationship between the previous Bitcoin bull run and Google Trends, adding that usually, bull runs coincide with an uptick in BTC search volume. Bitcoin’s bull run in 2017 serves as a prime example of this relationship. Analysts explained that during the said price rally, Bitcoin went up about $20,000 while its Google Trends score reached 80 out of 100. A trend that analysts have also seen during BTC’s bull run in the late 2020 to 2021. Historically, BTC price rallies occurred simultaneously with significant search interest on Google, something that is not happening yet at the moment. Would the search volume in Google remain a key indicator of BTC’s price movement? It is something that investors and analysts will have to keep an eye on the upcoming months. Featured image from DL News, chart from TradingView

Dogecoin has had quite an eventful few days in terms of price action, trading volume, trading activity, and interest among investors. Dogecoin led the entire market in inflows, outperforming even Bitcoin in the past week. This momentum has introduced a compelling shift in Dogecoin’s technical outlook, particularly with the Bollinger Bands on the DOGE/BTC chart. This interesting outlook was highlighted by crypto analyst Tony Severino, who pointed out that the Bollinger Bands have tightened to a degree not seen in years. In fact, Severino notes that the bands are now tighter than they were before Dogecoin’s rally in 2021. Dogecoin Bollinger Bands Squeeze To Tightest Level Bollinger Bands are widely used technical indicators that mark price volatility boundaries. When the bands narrow, it generally signals low volatility. On the other hand, widening bands indicate high volatility. A squeeze, where the bands move closer together, suggests that the asset is trading within a tight range. In the case of Dogecoin, Severino’s observation notes that the DOGE/BTC Bollinger Bands are now closer than they’ve ever been on the monthly timeframe. The last the Bollinger bands were at such a squeeze was just before the 2021 rally, which saw the meme coin surge exponentially during the meme coin craze. Going by the history of the Dogecoin-Bitcoin pair, if the outcome plays out like its previous price action, Dogecoin could be on the cusp of a strong rally in the coming months that could even lead to more returns than the 2024 rally. DOGE Breakout From Three-Year Channel As noted earlier, Dogecoin’s rally over the past few days has been impressive. Particularly, Dogecoin went on a 72% rally to peak at $0.176, its highest point in over six months. This upward momentum allowed Dogecoin to break out of a three-year-long channel pattern on the price chart defined by a downward-sloping upper trendline dating back to the 2021 high. This breakout is significant, as it marks Dogecoin’s move beyond a key resistance level that had contained its growth since the 2021 peak. The likelihood of a Dogecoin rally in the upcoming months has increased massively due to this breakout, although there remains a possibility of a retest. According to a crypto analyst on social media platform X, $2 is a potential peak target if the momentum holds. However, it is important to note that several resistance levels lie between the current price and this ambitious target. Two examples of notable resistance levels are the 2024 high of $0.22 and the all-time high of $0.7316. At the time of writing, the Dogecoin price is trading at $0.1585, which means it has reversed by about 10% from $0.176 to retest the channel breakout.

As the United States approaches its presidential election on Tuesday, November 5, 2024, the Bitcoin market is bracing for significant volatility. In the lead-up to the election, Bitcoin surged to a high of $73,620 on Tuesday, likely reflecting investor optimism over a potential victory for former President Donald Trump. However, by Friday, the BTC price experienced a correction, dipping to $68,830 amid a more cautious, risk-off sentiment as the election looms. How To Trade Bitcoin During US Election Alex Krüger, an Argentine economist and renowned crypto analyst, shared his strategic framework on how to trade Bitcoin during the US election period via his X account. Krüger outlined scenarios based on possible election outcomes, highlighting that a Trump victory could propel Bitcoin to $90,000 by year-end with a 55% probability, while a win for Vice President Kamala Harris might see Bitcoin settle around $65,000 with a 45% probability. He emphasized that timing will matter: “Expect the move to be fast if Trump wins. Markets rarely waits for laggards on binary events not largely front-run.” Krüger also noted that the current Bitcoin price, which he anticipated to be in the $65k-68k range leading up to election night, had “overshot” in alignment with the probabilities favoring a Trump victory. He pointed out the uncertainty surrounding the election results, primarily hinging on the Pennsylvania vote count, which could delay the announcement of a clear winner. “It largely depends on the Pennsylvania count, if it is lopsided or not. It could be as early as Tuesday evening EST, or days later if the count is very tight. The sooner we get clarity, the easier it gets,” Krüger stated. Regarding market sentiment, Krüger expressed a bullish outlook on equities regardless of the election outcome, unless there is an unexpected “Blue sweep” where Democrats secure both the presidency and congressional majorities. He explained that “equities drag Bitcoin around.” In his personal investment strategy, Krüger revealed that he is positioned with long spots in Bitcoin and Nvidia, and plans to go long on Solana (SOL) if Trump wins. With this, Krüger is likely betting on a spot Solana Exchange Traded Fund (ETF) approval in the United States. Krüger’s analysis suggests that the market has partially priced in a Trump victory, anticipating that a Trump administration could bolster the Bitcoin price. “Markets have partially priced a Trump victory in. We (the market, in aggregate) expect Trump to drive crypto prices higher due to increased regulatory clarity and implementation of pro-crypto policies,” the analyst wrote. Additionally, he expects that Trump’s focus on increased government spending would stimulate short-term economic growth, positively impacting equities—a sector closely linked to Bitcoin’s performance. Conversely, a Harris victory would likely represent a continuation of existing policies, barring a significant Democratic sweep. Krüger concluded: “Based on betting markets and various election forecasting models, Trump’s probabilities are in the 50% to 63% range. Ergo, it’s “safe” to assume a GOP victory is far from being fully priced in. Such a contested setup is common going into elections. That is why I do not expect ‘sell the news’.” At press time, BTC traded at $70,402.

Worldcoin’s recent failure to breach the $2.15 resistance level has put the token under renewed bearish pressure, leaving investors to question if a prolonged downtrend may be unfolding. The $2.15 mark has become a key battleground, with sellers pushing prices lower each time buyers attempt a breakout. As Worldcoin struggles to regain upward momentum, the risk of further declines grows, signaling potential challenges ahead. This article aims to explore the implications of Worldcoin’s recent struggle at the $2.1 resistance level and evaluate whether it could signal an extended downtrend. Through an analysis of technical indicators and current market dynamics, we’ll assess the possible risks and opportunities for Worldcoin, offering traders insights into what may lie ahead for the token’s price movement. Technical Indicators Signal Potential For Extended Downtrend On the 4-hour chart, WLD’s price is exhibiting negative momentum, trading below the 100-day Simple Moving Average (SMA) as it trends downward toward the $1.27 support level. A continued descent toward the $1.27 support suggests that selling pressure is building, and if the support fails to hold, Worldcoin could experience more declines. Also, the 4-hour Composite Trend Oscillator for WLD is showing bearish signals, with the SMA line crossing below the signal lines and approaching the oversold zone, suggesting that sellers are becoming more dominant. As the indicator nears oversold territory, it reflects heightened selling pressure, raising the potential for a downtrend. On the daily chart, Worldcoin is exhibiting strong downward momentum, characterized by a bearish candlestick pattern following a failed attempt to break through the resistance at $2.15, indicating increased selling pressure and that the asset may continue to drop. Additionally, WLD is currently facing challenges as it attempts to drop below the 100-day SMA, a key indicator that typically signals a pessimistic trend when breached. If WLD manages to close below this level, it could further confirm the negative sentiment in the market, potentially leading to additional selling and a sustained downturn. A detailed analysis of the 1-day Composite Trend Oscillator shows that WLD is likely facing extended losses. The signal line has crossed below the SMA line and is trending downward toward the zero line, indicating a negative shift in momentum. Should the downward trend persist, Worldcoin could encounter significant difficulties in recovering, resulting in a prolonged period of waning price movement. Worldcoin Price Outlook: Will Bears Maintain Control? As Worldcoin encounters heightened downside pressure after being rejected at the $2.15 resistance level, key support zones become crucial to monitor. If bears continue to assert control, they may push the price down to the $1.27 support level. A breakdown below this level could lead to further losses, possibly testing other support levels and intensifying pessimistic sentiment in the market. Conversely, if support holds, it may restore confidence among buyers and create an opportunity for a price recovery.

Cryptocurrency investing, synonymous with high stakes, captivates those who dive in. With its allure of turning modest sums into wealth, the crypto sector beckons many to its doors. The current market buzzes with presale action, notably RCO Finance, which has captured attention with a substantial $4 million haul. Its AI-infused, no-code platform entices, yet transparency concerns linger due to scant KYC protocols and options for anonymous backing. Now, enter BlockDAG, a contender offering jaw-dropping returns up to 30,000X, all under the banner of complete transparency. With about $109 million amassed in its ongoing presale, BlockDAG is not just participating—it’s thriving. Sweetening the deal, it offers a 100% bonus on coin purchases, catapulting community excitement to new heights. RCO Finance Presale: Audacious Move or Major Gamble? RCO Finance’s presale is soaring in the crypto sphere, with its value leaping 800% to $0.055 within a mere three months, and has successfully raised over $4 million in its climactic stage. It melds AI and blockchain to streamline investments on a hassle-free platform, excising middlemen and slicing fees. Though the platform promises hefty returns and a 50% purchase bonus, caution is warranted. The absence of rigorous KYC checks stirs security worries in this unregulated arena. Its anonymity feature may also turn away those seeking dependable, visible operations. As it embarks on its final stage, RCO Finance’s growth potential entices early birds, yet its scant regulatory oversight could spell risk for stability seekers. BlockDAG’s Dynamic Strategies Captivate the Market BlockDAG is charting a course to lead the market, pulling focus with each strategic maneuver. It recently unveiled a revamped website and launched a new brand video, signaling a major play to amplify its market footprint. The refreshed website boasts a sleek design and intuitive navigation, catering to both seasoned crypto aficionados and novices, thereby enhancing engagement and solidifying BlockDAG’s stature as a top-tier crypto platform. In a thrilling twist, BlockDAG introduces an exclusive 100% bonus on BDAG coin buys, accessible via the BDAG100 code, heralding a pivotal era in its ascent. This limited-time offer coincides with Bitcoin’s surge towards potential record highs, injecting even more excitement into the community. Following the staggering success of the BDAG50 bonus, the BDAG100 initiative not only invigorates its base but also marks a celebration of BlockDAG’s impressive growth and communal roots. The latest brand video accentuates BlockDAG’s innovation commitment, visually showcasing the team’s forward-thinking approach and tech savviness, positioning BlockDAG as a unique force alongside giants like Ethereum and Bitcoin. With the presale now exceeding $109 million and the coin price at $0.022, BlockDAG’s trajectory signals robust growth prospects. BlockDAG’s Winning Formula: Integrating the Essential Elements BlockDAG is drawing the gaze of major traders from other coins with its superior Layer 1 technology. It employs DAG technology for robust security and seamless scalability, distinguishing it in the decentralized finance landscape. This architecture incorporates cryptographic safeguards, securing transactions against threats and enhancing both speed and fairness. The presale is steadfastly advancing toward the $600 million mark, setting the stage for a significant mainnet debut. With upcoming listings on prominent crypto exchanges, BlockDAG continually refines its tech, boosting security and user experience. Market watchers remain keen, with forecasts suggesting a staggering 30,000X ROI. The Road Ahead for Decentralized Finance In the crypto realm, RCO Finance and BlockDAG each offer unique propositions. RCO Finance’s AI-driven, no-code platform promises substantial rewards, yet its transparency and minimal KYC concerns could be stumbling blocks. Conversely, BlockDAG has raised over $109 million, providing a robust, transparent platform that buyers can rely on. With advanced Layer 1 technology and stringent security measures, BlockDAG is poised for growth and stability, emerging as the go-to choice for those who value both innovation and trustworthiness. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu 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.

Kaspa and BlockDAG have both made waves lately, drawing interest from cryptocurrency communities and investors alike. Kaspa news highlights a recent dip in its price by 14% amid some bearish trends, yet its GhostDAG protocol remains appealing for its ability to speed up transactions. This high-speed, scalable network continues to attract attention, particularly for projects prioritizing efficient transaction processing. Although recent market behavior has been mixed, Kaspa’s dedicated community is keeping an optimistic outlook, eyeing a potential rebound if buying momentum picks up. On the other hand, BlockDAG is climbing rapidly, reaching over $109 million in presale funds with a 2100% return. With its hybrid blockchain-DAG technology, BlockDAG promises scalability and security that’s drawing major investor attention. Plus, its ongoing BDAG100 bonus offer has energized community interest as BlockDAG pushes toward its mainnet launch. Kaspa Aims for Speed and Scalability Kaspa’s main attraction lies in its GhostDAG protocol, which enables a high-speed and scalable approach to blockchain transactions by processing blocks in parallel, addressing the scalability issue that plagues many traditional blockchains. This protocol reduces block validation time and enhances network efficiency, making Kaspa a practical choice for developers focused on speed. Over recent months, Kaspa’s price movement has been volatile, with a significant 14% dip in late October. However, its community remains hopeful for a recovery, as evidenced by mild bullish signals in the RSI and MACD indicators. Kaspa also benefits from a close-knit community and a technical roadmap focused on continuous improvement. But while Kaspa offers impressive transactional capabilities, it faces challenges in competing with emerging projects that boast both speed and the scalability of multi-layered systems. BlockDAG: Crypto’s New Address for Innovation BlockDAG, however, is pushing the boundaries of blockchain technology with its unique hybrid approach that merges blockchain with Directed Acyclic Graph (DAG) structures. This hybrid design offers both speed and scalability, akin to Kaspa’s promise, but with added layers of security and flexibility. The DAG structure allows BlockDAG to process transactions asynchronously without compromising decentralization, which is crucial as more complex applications like smart contracts become mainstream. One of BlockDAG’s most groundbreaking steps has been its successful testnet launch, which introduced real-time transaction tracking, smart contract capabilities, and seamless integration with the Ethereum Virtual Machine (EVM). This EVM compatibility sets BlockDAG apart from Kaspa by enabling developers to create decentralized applications (dApps) that interact effortlessly across multiple ecosystems. This interoperability and BlockDAG’s robust mining incentives position it as a leader in blockchain innovation. Why BlockDAG Is the Superior Investment Choice 1. Technological Superiority BlockDAG’s hybrid model, integrating blockchain and DAG, enables transaction speeds and security levels that surpass many in the market, including Kaspa. Its EVM compatibility further amplifies its utility by offering developers the tools to build versatile and scalable applications that interact across different blockchains. Kaspa’s GhostDAG protocol is innovative but lacks the broader interoperability and flexibility provided by BlockDAG. 2. Future Potential and Market Positioning BlockDAG’s presale success, having raised over $109 million with a 2100% ROI, reflects its market confidence and potential as a major player in the Layer 1 blockchain space. The presale’s rapid pace and high demand have underscored BlockDAG’s appeal, particularly among institutional and individual investors looking for the next big opportunity in cryptocurrency. With its roadmap on quick progression, BlockDAG is expected to see even greater adoption as it becomes accessible on top-tier exchanges. 3. A Thriving, Engaged Community BlockDAG’s community engagement initiatives, such as the BDAG100 bonus code and revamped website, have fostered a rapidly growing user base. Its recent social campaigns and partnerships with prominent teams and personalities have further cemented its community-driven approach, which has been instrumental in building widespread recognition and trust. Kaspa’s community, while supportive, is comparatively smaller and lacks the same level of active engagement and incentive-driven growth BlockDAG as the Best Pick of 2024 While Kaspa is a promising project with unique technological advantages, BlockDAG’s hybrid blockchain-DAG model, strong market positioning, and engaged community make it the top pick for investors and developers alike. As it nears its mainnet development completion, BlockDAG’s ability to support high-speed transactions without compromising decentralization, alongside its EVM compatibility, demonstrates a future-ready approach that can support the complex applications of tomorrow. For those seeking an investment with both short-term growth and long-term potential, BlockDAG stands as the clear choice in 2024. Its presale success, advanced features, and community focus set it apart as not only a high-potential asset but a leader in the future of blockchain technology. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

A crypto analyst has just unveiled a midterm Pepe price prediction, forecasting that the frog-themed meme coin could see a potential 326% rally before the end of 2025. This massive surge would propel the Pepe price to $0.0000347, marking new all-time highs for the popular meme coin. Analyst Predicts 326% Price Rally For PEPE Sharing a bullish price forecast for the Pepe price on the last day of October, crypto analyst Captain Faibik has predicted that the frog-themed meme coin is set for a substantial price rally between November and December 2025. While specific analysis of this forecast was not fully disclosed, a few critical indicators on the meme coin’s predicted monthly price movement for Q4 2024 to 2025 appear to support this bullish outlook. In the price chart, Captain Faibik highlighted a series of market fluctuations that Pepe is expected to undergo before the end of 2024. According to his forecast, Pepe could see a brief price rally in December, followed by a shift towards bearish trends. Between February and March 2025, the meme coin is anticipated to rally again. This time, however, this price increase is projected to be more explosive, pushing Pepe to significantly higher levels. Furthermore, the potential surge in March is projected to trigger the start of a unique triangle pattern for the price. From April to November 2025. Pepe is expected to enter a prolonged consolidation period marked by slight price increases and declines. Around November and December 2025, Captain Faibik forecasted a substantial 326.64% price rally for Pepe, potentially pushing its price to $0.00003474, possibly even above the $0.00004 mark. This anticipated spike would effectively send the price of Pepe to new all time highs by the end of 2025. Additionally, with Pepe currently trading for $0.0000089, a rally to the $0.00003474 level would result in the cryptocurrency effectively dropping a zero, marking a crucial milestone in its growth trajectory. A jump above $0.00004 would also represent a 349.44% increase from present price levels. Price Action Mirrors Dogecoin’s 2020 Movements According to crypto analyst Max on X (formerly Twitter), Pepe is experiencing a similar set of price movements to those seen in Dogecoin in late 2020, just before the 2021 bull run. The analyst revealed that this bullish price action is coming just as Bitcoin is on the verge of hitting a new ATH this bull cycle. Max has expressed confidence that Pepe could become the leading meme coin in this current market cycle, much like Dogecoin was during the bull run in 2021. With the belief that the frog themed meme coin is on the verge of a significant rally, the analyst warns investors to consider jumping on the Pepe bandwagon.

Ethereum missed out on this week’s crazy price movements. For the last couple of days, Bitcoin has dominated the bigger crypto market, making gigantic strides almost crossing the $73,500 mark for its best in recent months. Other altcoins have also followed that trajectory as SOL and DOGE trail Bitcoin. As Bitcoin retests a new high this October, Ethereum lags, even touching a low of $2,322 last October 3rd. Since then, Ether has slowly inched its way up the price charts, reaching as high as $2,721, before re-tracing the $2,500 level. Analysts say Ether’s recent move is due to increased on-chain activities. Based on IntoTheBlock data, Ethereum’s blockchain has seen an increase in addresses, beating other ecosystems. The blockchain accounts for 43% of all active addresses, leading other popular blockchain projects like BTC, TRX, TON, and USDT. Ethereum Addresses Dominate The active addresses in a blockchain are an important metric that analysts check to gauge the blockchain’s popularity. According to InTheBlock tracking, the Ethereum blockchain remains the leader, accounting for 43% of all active addresses. Tron comes in second, with a 27% share of all active addresses. TON by Telegram is also in the Top 5 list of InTheBlock as of October 1st, and it offers an interesting picture of an increasing user base. Other tokens making significant inroads in active addresses are USDT by Tether and Toncoin. Analysts say this data indicates Ethereum’s dominance, particularly in adoption and network activity. Can We Expect An ETH Price Rally Soon? Recent data from active addresses reveal that currently, Ethereum is the most active blockchain. The strength of demand and interest for DeFi projects, dApps, and even NFTs can be ascribed to activity in its ecosystem. As some blockchain analysts note, improving network activity and adoption often increases prices. ETH can surprise with increased active addresses and prevailing market conditions. Other on-chain data support the blockchain. For example, its Exchange Supply Ratio is down to 0.141 from 0.145, increasing accumulation. What To Expect From Ethereum In The Next Few Days Currently, ETH trades at $2,516, which has a weekly gain of 3.74%. There are also an increasing number of active addresses and strong uptrend. Analysts predict ETH to retest the mark of $2,800 in the coming weeks or months. Featured image from Bankrate, chart from TradingView

Las Vegas, US, November 1st, 2024, Chainwire Midnight Evergreen Technologies, Inc. (Midnight) dares to reimagine the role of an AA game publisher, with a mission to fundamentally reshape how we play together. Midnight is building The Evergreen, the first (of-its-kind) publishing platform designed as a deconstructed, composable MMORPG, delivering immersive, cross-genre experiences that seamlessly span across various platforms, pushing the boundaries of how games are played and enjoyed. The Evergreen fuses enduring player progression with constantly evolving gameplay, creating an interconnected arcade of games that offer the reach, engagement, and monetization of a traditional MMO—without the risks of a single theme, game narrative, or prolonged production cycles. Midnight proudly announces the launch of the first of its 26 planned core games in this Deconstructed MMO: The Evergreen: Midnight Market. Set to release on Web, Mobile, and Telegram, and built in partnership with Aptos Foundation, Midnight Market is a daring game of risk and reward where every spin teeters between fortune and mischief. Combining the thrill of crypto gaming with the reliability and scalability of Aptos’ Layer 1 blockchain, Midnight Market sets a new standard for decentralized gaming. Players will find themselves in a high-stakes world of chance, crafting items, earning tokens, and navigating encounters with the elusive Night Pig. How far will you push your luck in pursuit of the ultimate prize? Key Features of The Evergreen: Midnight Market Engaging, Unpredictable Gameplay: Players experience unpredictable rewards or unexpected encounters, with every spin holding the potential for either fortune or a surprise interaction with the Night Pig. This element of suspense enhances the gameplay experience with an entertaining, high-stakes twist. Decisive Risk-Reward Mechanics: With each turn, players must choose between pushing their luck for higher rewards or banking their earnings. This gameplay design adds strategic depth, enhancing engagement through meaningful player choices. Aptos Powered Player Economy: Midnight Market features a blockchain-powered economy, enabling players to craft items known as Keys and earn tickets that can be redeemed for the native ecosystem token or other exclusive merchandise. This player-driven system ensures that every reward has tangible value, heightening the stakes and making the game’s risk-reward mechanics even more impactful. The game is the first major title to utilize the Aptos high-throughput blockchain, which boasts low latency and high transaction speeds, creating a seamless gaming environment for thousands of players worldwide. The Evergreen: Midnight Market is in closed beta now and available to players globally November 13th. For more information visit Midnight.io and join our discord . About Aptos Foundation Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. Users can visit https://www.aptosfoundation.org for more information. About Aptos Network Aptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards. Users can visit https://www.aptosfoundation.org for more information on the Aptos blockchain. About Midnight Midnight is at the forefront of innovation with The Evergreen, the first-ever publishing platform that operates as a deconstructed, composable MMORPG. Players engage with and explore diverse, interconnected game worlds, all linked by The Evergreen, a dynamic nexus that binds these unique experiences together. Each game is its own universe, offering new adventures while feeding into a broader progression system. By combining immersive gameplay with a shared economy and evolving narratives, Midnight is reshaping how players discover and interact with new worlds across genres and platforms. Users can follow Midnight: Website | X | Discord | Telegram Contact CEO Steve Wade Midnight Evergreen Technlogies, Inc. [email protected]

The crypto market thrives on innovation and bold strategies, continuously attracting investment from enthusiasts keen on the latest trends. While platforms like Immutable X (IMX) gain traction through gaming applications, Binance Coin (BNB) sustains momentum, exceeding the $600 mark despite regulatory hurdles. However, the spotlight shines on BlockDAG (BDAG), a rising star in the blockchain sector. BlockDAG has significantly elevated its market presence by extending a remarkable 100% bonus on coin purchases during its presale, which has now amassed over $109 million. This promotion places BlockDAG at the forefront as the top-trending cryptocurrency. Will IMX Token Expand Beyond NFTs? Immutable X (IMX) is gaining ground as a scalable NFT platform on Ethereum. It offers gas-free transactions and improved processing speeds, addressing the cost and speed limitations of Ethereum. This makes it appealing for NFT creators and game developers. Priced around $0.60, IMX has experienced consistent growth. With escalating demand for scalable solutions, the platform anticipates continued interest. Nonetheless, its reliance on Ethereum poses risks related to potential network congestion and other Ethereum-centric issues. BNB Reaches $600: What Lies Ahead? Binance Coin (BNB) captures growing interest as it hits the $600 level, injecting a wave of optimism. BNB is integral to Binance’s ecosystem, facilitating everything from exchange fees to staking, solidifying its position among leading cryptocurrencies. However, recent regulatory scrutiny, particularly in the U.S., threatens BNB’s long-term prospects. This regulatory focus raises concerns about potential obstacles to Binance’s international expansion plans, which might impact BNB’s market value. Despite these challenges, the BNB community remains hopeful, although its market performance has shown fluctuations. BlockDAG’s Exciting 100% Bonus Offer on Coin Purchases! BlockDAG’s trajectory in the crypto market is impressive, marking its presence as a top contender this year. The project has reached a notable milestone, raising $109 million as it launches batch 25 of its presale. Enhancing its market appeal, BlockDAG introduced a limited-time 100% bonus on BDAG coin purchases using the code BDAG100. This promotion coincides with Bitcoin’s surge toward its peak, stirring significant market excitement. This strategy has attracted vast numbers of buyers, now boasting over 170,000 unique holders worldwide. BDAG’s price has soared to $0.022 in batch 25, achieving a 2100% increase. With over 14.6 billion coins sold, the market’s confidence in BlockDAG is evident. As the presale progresses, the 100% bonus presents an enticing opportunity for both newcomers and current members of the BDAG community. BlockDAG continues to emphasize its commitment to innovation and value, as seen on its revamped website. Market experts suggest that BDAG could reach $30 by 2030, potentially offering early backers a return of up to 30,000 times their initial assets. With BDAG’s current presale expected to sell out quickly, the next batch could see even higher prices. Therefore, securing BDAG coins now could be a strategic decision before prices escalate further. BlockDAG Dominates Crypto Trends As the market assesses IMX’s focus on NFT scalability and BNB’s utility in exchanges, BlockDAG’s swift presale success and distinctive technology ecosystem continue to attract attention. With its groundbreaking 100% bonus on BDAG purchases and a presale total of $109 million, BlockDAG positions itself as a leader in trending cryptocurrencies. With demand soaring and each batch selling out quickly, now is an excellent time to get in this promising project before the presale prices increase further. Join BlockDAG – Act Now Before Prices Increase: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu

The M2 Exchange hack has lost around $13 million. Hot wallets across Ethereum, Bitcoin, and Solana networks were targeted. The cryptocurrency exchange M2, regulated as a Multilateral Trading Facility (MTF) and Custodian by the Financial Services Regulatory Authority (FSRA) hacked, resulting in a loss of $13 million from its hot wallets. The exchange, M2 operates on Ethereum, Bitcoin, and Solana. The hackers targeted M2’s hot wallets connected to the internet for quick transactions. Following the breach, the exchange acted rapidly, securing the situation and restoring customer funds. M2 stated in its official announcement: “We would like to report that the situation has been fully resolved and customer funds have been restored. M2 has taken full responsibility for any potential losses, demonstrating our unwavering commitment to safeguarding our customers interests.” In addition, the exchange also introduced additional security measures and mentioned its cooperation with authorities to ensure intensive investigation and compliance. During the security breach, attackers stole funds from multiple blockchain networks, including Ethereum (ETH), Bitcoin (BTC), and Solana (SOL). The addresses linked to the stolen assets have made known. The address for Ethereum is “0x968b6984cba14444f23ee51be90652408155e142,” while the Bitcoin address is “bc1qu4kh7wa38xpkrp8frgxl4sak88wx0jug8n3vfj.” The theft address of Solana is “Ekko14NvgqdvNttUb8JjXkVGuUs6BTikjfN3hqW4LQoL.” A web 3.0 platform disclosed a suspicious address received 3.7 million USDT, 97 million SHIB, and 1,378 ETH, which later swapped entirely to ETH. Highlighted Crypto News Massive Shiba Inu (SHIB) Burn Fails To Reverse Price Drop

SUI is catching attention, with a strong upward trend toward $2.60, as highlighted by popular analyst Ali Martinez. But while SUI’s rise is notable, FXGuys ($FXG) is quickly becoming a hot pick among the top altcoins. Why? First, the FX Guys platform offers trading funding up to $500,000, which gives traders massive leverage to stay profitable. Plus, its unique trade-to-earn program means you earn $FXG tokens for every trade you make. It’s no wonder that some investors now see $FXG as the best crypto to buy for those looking for more than just price speculation. SUI is on the rise, but could FX Guys offer even better trading opportunities? >>>BUY $FXG TOKENS HERE<<<< SUI Expected to Surge Towards $2.60 Amidst Strong Technical Pattern According to the latest analysis by popular crypto chartist Ali Martinez, SUI is currently trading within a rising parallel channel. Typically, this indicates bullish momentum for one of crypto’s top altcoins. The token, trading around $2.13, shows potential for a bounce. This could push its value to $2.60. Traders are advised to monitor this pattern closely, as price action within such channels often leads to some movement in the market. The key to this bullish outlook is the $2.00 support level, highlighted by the analyst as crucial for maintaining the upward trend. If SUI holds this level, the chances of reaching the $2.60 target remain strong. However, any break below this support could signal a potential trend shift, making it essential for traders to stay vigilant. FX Guys Displaces Sui to Become One of the Best DeFi Crypto Projects Experts say FX Guys is one of the best DeFi crypto projects out there. Having gone through the platform’s features, they believe it is a project that solves traders’ biggest challenges. One big challenge that multi-asset traders face is that they have to move between platforms and brokers to trade different assets. To address this, the FX Guys platform offers multiple trading platforms for you to choose from. You can use their custom trading platform—which allows you to trade a wide range of assets— or opt for popular platforms like MT5, Match-Trader, cTrader, or DXtrade, depending on where you’re based. This flexibility ensures that you have the right tools to trade in a way that suits your style and location. As a trader, one of the biggest problems you might face is limited capital. The FX Guys tackles this with its Trader Funding Program, which gives you access to up to $500,000 in trading capital. If you pass their evaluation, you can trade with a large fund without risking your own money. Plus, you keep 80% of the profits, meaning you can still walk away with higher earnings. >>>BUY $FXG TOKENS HERE<<<< Another headache for traders is the constant fees that eat into your profits. With the FX Guys platform, there are no buy or sell taxes on $FXG tokens, so you don’t have to worry about losing money to unnecessary costs. On top of that, the FX Guys platform offers decentralized trading without KYC, allowing you to trade privately and avoid lengthy identity checks. If you’re looking to earn passive income, FX Guys has a staking feature that lets you earn 20% of the profit and revenue share from broker trading volume. This means that even when you’re not actively trading, you can still grow your earnings by staking your $FXG tokens. It’s an excellent way to earn while you wait for the right trading opportunities. The FX Guys platform also ensures that you don’t have to wait long to access your funds. With same-day deposits and withdrawals, available in over 100 local currencies or crypto, you can move money quickly and keep your trading flow uninterrupted. This feature is critical for maintaining momentum in fast-moving markets. Experts Place $FXG Ahead of Most Top Altcoins as the Best Crypto to Buy FX Guys is currently offering $FXG tokens for $0.03 in Stage 1 of its public presale. This is a great chance to invest early before the token launches at $0.10, giving you the potential to secure over 233% gains. According to experts, this makes $FXG the best crypto to buy, far ahead of other top altcoins. The presale has already raised over $3.6 million, showing strong interest from early investors. By joining the presale now, you position yourself to benefit the most when FX Guys hits the market. The details of the tokenomics and roadmap are available on their official website, providing full transparency for anyone looking to make an informed decision. To find out more about FXGuys follow the links below: Website | Whitepaper | Socials | Audit Exclusive FXGuys Promo Code: USE PROP10 FOR 10% BONUS Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

UBS Asset Manager has launched its first tokenized money market fund, uMINT, in Singapore. The fund is built on Ethereum’s distributed ledger technology. UBS Asset Management is making waves in the digital finance world by launching its first-ever tokenized money market fund, the UBS USD Money Market Investment Fund Token (uMINT), starting in Singapore. This innovative fund, built on Ethereum’s distributed ledger technology, aims to provide investors with a secure and efficient cash management solution, targeting high-quality money market instruments while maintaining controlled risk. As a $5.7 trillion firm, UBS is the latest traditional asset manager to adopt tokenized solutions. This move joins a growing list of institutional players adapting to decentralized technology. With $4 trillion in total invested assets as of Q3 2024, this marks a significant step into the realm of tokenization for the firm. Thomas Kaegi, Co-Head of UBS Asset Management in Asia Pacific, emphasized the firm’s commitment to expanding its tokenized asset offerings. However, uMINT follows UBS’s previous blockchain initiatives, including participation in Singapore’s Project Guardian. This showcasing its dedication to embracing digital innovations in finance. As the first of its kind for UBS, uMINT stands to attract attention and signals a new era for the firm in the evolving landscape of investment management. Highlighted News Of The Day Is AAVE Price Dip a Buying Opportunity?