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?

SOL, one of the most popular cryptocurrencies, has maintained its appeal to traders and investors. A lot of people are now wondering if SOL can reach $250 without testing its critical $120 support level given its price swings, market dynamics, and shifting ecology. One can determine whether this rally is sustainable or if a correction is inevitable by examining the technical and market dynamics. Solana’s Technical Landscape In the medium to long term, SOL is presently trading inside a well-established horizontal trend channel, which offers important information about its price moves. When the price fluctuates between support and resistance levels without firmly committing to an upward or downward trend, horizontal channels are suggestive of consolidation stages. The token in SOL’s case fluctuates between a resistance level at $184 and a support level of $120. A substantial price move would probably be anticipated if either of these levels were decisively broken. Additionally, SOL recently completed an inverse head and shoulders pattern, a well-known bullish reversal pattern, which is a favorable indication. This breakout happened as Solana broke through the barrier level of $158, indicating a possible ascent to $250. Historically, when accompanied by robust trade volumes and market sentiment, an inverted head and shoulders breakout frequently signals the beginning of a bullish rise. With sustained momentum, the token may reach $250 or more after approaching its resistance level of $184. The crucial query still stands, though: is it possible for Solana to reach this lofty price level without retesting its $120 support? Will SOL Test $120 Support? Whether Solana will drop back before hitting $250 is a major worry for investors, especially given the potential for retesting the $120 support level. Markets are never risk-free, even while the technical indicators now in use suggest bullish momentum. The price of Solana is consolidating between two horizontal levels, making what looks to be a rectangular shape. Buyers and sellers are engaged in a struggle created by the upper limit at $184 and the lower support at $120. The subsequent leg of Solana’s price journey would be determined by a break of either level. Given its strength close to its present price, Solana might not need to test the $120 support level in order to reach the $250 target. The inverse head and shoulders pattern’s bullish breakout and the lack of strong sell pressure at the $158 mark, which had been a crucial resistance point, support this. However, market conditions are subject to change, and Solana may be forced to retest its lower support if there are unanticipated market shocks or more widespread cryptocurrency downturns. Rexas Finance (RXS) provides a strong substitute whereas Solana struggles with the issue of evaluating its support levels. RXS is drawing interest as the next major player in the cryptocurrency market because of its quick price increase without worrying about support tests. In contrast to Solana, which might yet have to test its $120 support, Rexas Finance has shown consistent and encouraging growth, as seen by a twofold price increase in less than a month following the start of its presale. Rexas Finance (RXS): A Rising Star Without the Support Fears Rexas Finance (RXS) allows users to tokenize real-world assets anywhere, creating a revolutionary approach to blockchain utility. It is priced at $0.06 during its 4th presale stage, with the project selling out stages 1, 2, and 3 ahead of schedule, raising over $5 million. Less than 10% of the tokens remain before the presale enters stage 5, where the price will increase to $0.07. The team behind Rexas Finance made the strategic decision to avoid venture capital funding, opting instead to allow the public to participate in the project’s growth. This community-focused approach has only strengthened the token’s position in the market. Furthermore, its listing on platforms like CoinMarketCap and CoinGecko has fueled price momentum, with a $1M giveaway still ongoing, rewarding early participants. With predictions pointing towards a 10,000% surge in the coming months, Rexas Finance (RXS) presents a unique investment opportunity. It has the potential to surpass Solana’s gains without the fear of a downtrend, making it an attractive alternative for investors looking for a stable and rewarding crypto asset. Solana’s price journey towards $250 is promising, especially with the positive signals from technical patterns. However, investors should remain vigilant about the possibility of testing the $120 support level. Meanwhile, for those seeking a more stable yet explosive growth opportunity, Rexas Finance (RXS) is the crypto to watch. Don’t miss out on the chance to be part of this revolution—invest in Rexas Finance today. About Rexas Finance :- Website: https://rexas.com 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.

AAVE struggles below the $200 resistance amid market volatility and price dip. Technical indicators suggest potential buying opportunity for traders seeking recovery. AAVE has experienced a challenging 24 hours, with its price dipping 5% to a six-day low of $140 amid a broader market slump. Currently trading at $143, the token has seen an 8% decline in trading volume over the same period, while its weekly performance reflects a modest decrease of 3.2%. Despite the recent downturn, AAVE has shown ']resilience, with its trading volume rising nearly 12% to $180 million. This surge followed a notable price drop, suggesting that traders may view current levels as an attractive buying opportunity. Technical indicators such as the RSI have entered oversold territory, hinting at a potential rebound. Moreover, the bullish MACD crossover reinforces the notion that it could stage a comeback. However, AAVE faces critical resistance around $200, having made two recent unsuccessful attempts to break through this barrier. With Bitcoin struggling to keep up with its recent all-time high of $73,000, market dynamics are shifting, leading to increased volatility and potentially diverting liquidity from altcoins like AAVE. What Is In Hold For AAVE Investors? Investor sentiment remains cautious, with significant short positions emerging in the derivatives market, adding pressure to AAVE’s price trajectory. Despite the potential for a retracement to $140, many analysts believe that this may present an attractive entry point for new investors, given the current bullish sentiment. AAVE Price Chart, Source: TradingView Recent data highlights growing interest in AAVE, with a 40.63% increase in new addresses over the past week. AAVE’s price trading above the 50-day EMA at $151 suggests momentary support, while a solid lending environment on the Aave v3 platform, particularly with rising USDC deposits, could further enhance its attractiveness in the DeFi space. As it navigates these challenges, the focus remains on whether it can break free from consolidation and ignite a rally past the $200 mark in the coming days. Highlighted News Of The Day Massive Shiba Inu (SHIB) Burn Fails To Reverse Price Drop

Paxos launches USDG, a US dollar-backed stablecoin, in Singapore. USDG’s reserves are managed by DBS Bank, ensuring high compliance standards. Paxos has officially launched the Global Dollar (USDG), a US dollar-backed stablecoin, in Singapore. This move aligns with the Monetary Authority of Singapore’s (MAS) regulatory framework. Furthermore, the stablecoin’s reserves will be managed by DBS Bank, Southeast Asia’s largest bank, which ensures high compliance with financial standards. Initially, USDG will be available on the Ethereum blockchain, with plans to integrate it into additional blockchains soon. By adhering to MAS’s strict regulations, USDG aims to enhance enterprise adoption of stablecoins. The stablecoin will be backed 1:1 by high-quality liquid assets, including US dollar deposits and short-duration government securities. Paxos’ Partnership with DBS Bank According to Paxos Head of Product Ronak Daya, enterprise interest in stablecoins has surged. However, the market lacks compliant solutions that offer economic incentives. Thus, USDG aims to fill this gap by providing a trusted solution alongside DBS Bank, fostering innovation and enterprise adoption globally. The launch follows a recent MAS announcement, which outlined the requirements for stablecoin issuers in Singapore. Notably, stablecoin payments in the region reached a remarkable $1 billion in Q2, showcasing a significant rise from $161 million in 2023. This growth highlights the efficiency and cost-effectiveness of stablecoins, which facilitate faster transactions. Moreover, Paxos has obtained full approval from MAS, enabling it to provide crypto services. This marks a pivotal step in building trust and stability within the digital asset landscape. The partnership with DBS Bank reinforces USDG’s credibility, attracting both crypto-native businesses and traditional financial institutions. Highlighted Crypto News Today Gotbit Founder Aleksei Andriunin Indicted Amid Fraud Concerns

WisdomTree offloads $599M in BTC and ETH, spooking crypto investors. Bitcoin, Ethereum prices dip; market sentiment weakens amid continued volatility. WisdomTree, a leading provider of exchange-traded funds (ETFs) in the digital assets space, has triggered market anxiety with substantial Bitcoin and Ethereum transfers amid a turbulent period for cryptocurrencies. According to Onchain Lens, using Arkham Intelligence data, WisdomTree deposited 8,258 BTC—equivalent to roughly $598.89 million—into Coinbase on October 31. Alongside this, the firm transferred 48.83 ETH, valued at $125,000, bringing the total to nearly $599 million. The timing of these large transactions is significant, as both Bitcoin and Ethereum are experiencing considerable price declines. Bitcoin has dropped over 4%, while Ethereum has slipped by 5%, contributing to a 3.9% reduction in the overall crypto market cap within the past 24 hours. Investors are increasingly apprehensive, given WisdomTree’s remaining holdings of 5,611 BTC (valued at $388 million) and 16,767 ETH (worth $41.9 million), fearing that additional selloffs could exacerbate the already fragile market sentiment. Dwindled Uptober Hopes October had been a period of strength for Bitcoin, which nearly reclaimed its all-time high of $73,750. This surge had renewed optimism among investors, as the cryptocurrency seemed to continue its historical trend of “Uptober.” On the other hand, Ethereum showed modest gains during the month but did not experience the same robust growth as Bitcoin. However, the recent downturn, combined with WisdomTree’s massive transactions, has dampened investor morale. Market analysts are now voicing concerns about further declines. Bitcoin could fall to $59,364 if selling pressure continues to mount, while Ethereum might see a drop to $1,550, according to predictions by market expert Peter Prandt. This bleak outlook has raised alarms, especially as crypto markets remain highly volatile. Nevertheless, some in the community are holding onto hope. With the U.S. Presidential Election approaching, there is speculation that digital assets could benefit from renewed momentum. Optimists believe that a favourable outcome for the crypto space could provide a much-needed boost, stabilising the market and possibly sparking a recovery. Highlighted News Of The Day Massive Shiba Inu (SHIB) Burn Fails To Reverse Price Drop

Ethereum is trading at $2,500, following a 9% pullback from recent highs after it failed to establish a higher high above $2,820. This retrace has sparked renewed interest among investors, with top analyst and investor Carl Runefelt sharing a technical analysis that points to a promising setup for accumulation. Runefelt highlights a bullish pattern emerging in ETH’s price action, indicating that this retracement could be a prime opportunity for long-term holders to accumulate more Ethereum before a potential rally. The coming days will be pivotal for Ethereum as the crypto market closely watches Bitcoin’s attempt to break its all-time highs. Should BTC achieve this feat, it would confirm a new bull run, likely bringing Ethereum. The crypto community is eagerly waiting to see if Ethereum can hold its ground above $2,400 and eventually surpass resistance at $2,820, potentially setting the stage for higher gains. Ethereum’s current levels and consolidation phase suggest a decisive move could unfold soon, making it a crucial time for ETH’s trajectory in the broader market cycle. Ethereum Sideways Consolidation Ethereum has been lagging behind Bitcoin and several other altcoins like Solana, which have recently seen more robust price action. This underperformance has drawn attention from analysts and investors alike, including top analyst Carl Runefelt, who recently shared an in-depth technical analysis on X. Runefelt highlights Ethereum’s current formation around an ascending support level, suggesting that ETH’s current price could present one of the best accumulation opportunities before a potential rally. Runefelt’s analysis points to a crucial ascending support level of around $2,450, which has held steady despite Ethereum’s pullbacks, maintaining a bullish structure. He emphasizes that if Ethereum continues to trend down, this support could be an attractive entry point for long-term investors looking to accumulate ETH while it’s relatively undervalued. The chart formation suggests a possible price floor, which, if buyers intervene, could catalyze a move toward higher levels. On the upside, Ethereum faces a key resistance at $2,800. Runefelt notes that breaking this resistance could trigger a significant upward move, potentially aligning ETH with broader market trends if BTC breaks into new all-time highs. If Ethereum successfully clears the $2,800 level, it would confirm the bullish pattern and likely fuel a surge in price action. This breakout could signal that Ethereum is ready to catch up to Bitcoin and outperform altcoins, creating a more favorable outlook for ETH in the broader market landscape. The next few days will be crucial for Ethereum’s trajectory as it continues to hold above the ascending support level. Traders and investors are watching closely to see if ETH can break out of its recent underperformance and reclaim its position as an altcoin leader. ETH Technical Details Ethereum is trading at $2,505 after a failed attempt to hold above the 4-hour 200 moving average (MA) at $2,530. This slip below the 200 MA has put ETH in a precarious position as it seeks new demand levels to stabilize the recent retrace. The price is nearing a crucial support level, and breaking below this area could trigger a significant correction, adding considerable downside risk to Ethereum’s current price action. For Ethereum to avoid a deeper drop, finding support around the $2,450 mark is essential. If buyers step in and manage to keep ETH above this level, it would signal a positive shift in momentum. An even stronger bullish indicator would be if ETH rebounds and pushes above the $2,550 level, which would help restore confidence in the asset and signal a potential recovery phase. Such a move could mark the end of the retrace and position ETH for further upside in the coming sessions. However, until the price finds solid footing, ETH remains vulnerable to further declines, making this a pivotal moment for the asset’s short-term outlook. Featured image from Dall-E, chart from TradingView

Crypto trading platform Bitsgap and its AI Assistant are capturing attention after having amassed over $9 million in user deposits in mere weeks and generating $200,000 in profits. Launched by the Estonia-based platform, the AI Assistant’s success highlights an increased interest in automated trading tools that offer efficiency and insight. AI Assistant’s Rapid Adoption and Features Since its launch, Bitsgap’s AI Assistant has become a preferred tool for many retail and professional traders. This advanced trading bot uses data-driven algorithms to analyze thousands of pairs across top crypto exchanges such as Binance, OKX, and KuCoin. By identifying profitable strategies and offering insights into entire portfolios, the AI Assistant helps users automate decisions traditionally handled manually, creating a simpler trading experience. Notably, the AI Assistant has attracted 10% of Bitsgap’s PRO subscribers, who have quickly embraced its portfolio management and take-profit functionalities. The AI Assistant’s strong early traction reflects the demand for solutions that simplify the complexities of crypto trading. The tool’s ability to manage a diverse range of assets allows traders to allocate funds efficiently across different crypto holdings. This system not only helps mitigate risk but also maximizes profitability through strategic diversification—especially important given the unpredictable nature of crypto markets. Insights from the Crypto Trading Global Outlook 2024 Accompanying the AI Assistant’s launch, Bitsgap’s Crypto Trading Global Outlook 2024 provides a timely resource for crypto enthusiasts and traders, shedding light on the factors driving the market forward. The report highlights the increasing reliance on algorithmic trading as well as regulatory trends that impact compliance strategies across jurisdictions. Notably, AI’s role in crypto is expected to grow as bots become essential in managing trading volatility and enhancing profitability. The report’s insights not only underscore the importance of automation in crypto trading but also emphasize the industry’s broader push for accessibility. AI-driven tools are expanding beyond traditional finance into crypto, allowing individuals to harness complex trading strategies with minimal technical expertise. Bitsgap’s focus on portfolio management aligns with this trend, offering users a comprehensive approach to crypto trading that was once exclusive to institutional investors. Through both its AI Assistant and its market report, Bitsgap is positioning itself at the forefront of these advancements, democratizing access to robust trading tools.

SingularityDAO has completed a community vote on its planned merger with Cogito Finance and SelfKey. SingularityDAO was able to go forward with plans to create Singularity Finance, an EVM Layer 2 for tokenizing the AI economy, after SDAO holders unanimously approved the merger. The popular governance framework, Snapshot, was used to present the proposal to SDAO holders to merge with Cogito Finance and SelfKey and combine technologies to establish Singularity Finance. 94.78% of the tokens used in the voting procedure, which included more than 15 million SDAO, approved the merger. SingularityDAO Co-Founder Mario Casiraghi said: SingularityDAO is ready to go forward with the merger after the governance vote, pending an upcoming community vote on behalf of KEY holders that will decide SelfKey’s stance. The three initiatives would be able to coordinate to provide solutions for every phase of the Artificial Intelligence (AI) value chain with the establishment of Singularity Finance. RWA tokenization and onchain identity management are two examples of the AI-driven financial services that Singularity Finance was conceived to serve. The Layer 2 will draw developers and users who want to learn more about the new use cases and assets the industry supports by establishing itself as a leader in the quickly expanding AI economy. Cloris Chen, CEO of Cogito Finance, shared in a quote: The integration of compliance and RWA tokenization solutions, provided by SelfKey and Cogito Finance, respectively, will improve the AI-powered portfolio management services that SingularityDAO already offers. Using SingularityDAO’s AI-powered DynaVaults and other technologies, these financial tools will improve and automate analysis, portfolio, and risk management. A leadership council for Singularity Finance will be formed as a result of the planned merger to supervise the operations of the combined financial ecosystem. Mario Casiraghi, CFO of SingularityNET and Co-Founder of SingularityDAO; Cloris Chen, CEO of Cogito Finance; and Dr. Ben Goertzel, CEO of SingularityNET and the Artificial Superintelligence Alliance, will serve as the council’s leaders.

Aleksei Andriunin faces charges of wire fraud and market manipulation. Gotbit allegedly created an artificial trading volume for cryptocurrency clients. The U.S. Department of Justice has indicted Aleksei Andriunin, 26, the founder of cryptocurrency financial services firm Gotbit, in a large-scale market manipulation and fraud scheme. Gotbit, along with two of its directors, Fedor Kedrov and Qawi Jalili, has also been charged in connection with these activities. Andriunin, Kedrov, and Jalili allegedly engaged in market manipulation from 2018 through 2024. According to court documents, Gotbit provided fraudulent “market-making” services for various cryptocurrency companies, including those in the United States. Andriunin, Gotbit’s CEO, allegedly devised and implemented strategies to artificially inflate trading volume. In 2019, Andriunin detailed his methods for “wash trading” in an interview, explaining how his firm used it to enhance market visibility. Growing Efforts to Combat Cryptocurrency Fraud The DOJ alleges that Gotbit’s services generated millions in wash trades, and the proceeds totaled tens of millions of dollars. Additionally, Andriunin is accused of personally transferring millions into his Binance account. Furthermore, they allegedly informed potential clients about strategies to circumvent blockchain detection, using multiple accounts to hide wash trading activities. Gotbit’s clients included cryptocurrency projects Saitama and Robo Inu, both of which face separate charges in related schemes. The penalties for wire fraud could lead to up to 20 years in prison, a $250,000 fine, supervised release, restitution, and forfeiture. Charges of conspiracy to commit market manipulation and wire fraud carry a potential sentence of five years, additional fines, supervised release, restitution, and forfeiture. Moreover, sentences in these cases will be determined by federal district court judges following the U.S. Sentencing Guidelines. Federal prosecutors have increased efforts to address cryptocurrency fraud. Last month, DOJ authorities arrested leaders of Gotbit, ZM Quant, and CLS Global, resulting in several plea deals and the seizure of $25 million in assets. Acting U.S. Attorney Joshua S. However, Levy emphasized that fraud remains punishable, regardless of the technology involved. The DOJ warns that it will continue to pursue legal actions against cryptocurrency fraud and market manipulation. Highlighted Crypto News Today Dogecoin Rally Fades as Price Drops Over 10% Amid Bitcoin Slump

SHIB has plunged by 6%, over the past 24 hours. The burn rate of SHIB has soared by 254,078% with 5.63 billion tokens burned over the day. The cryptocurrency market has faced a pullback over the past 24 hours, with its market cap plummeting by over3.60% to $2.33 trillion. The largest asset, Bitcoin, which traded above $72.5K, has slipped to $69K. The bearish sentiment affected all the major assets in the market. The dog-themed meme coin Shiba Inu (SHIB) is one of the losers. Its price has steadily plunged by 6% on a daily scale. It’s crucial to note the burn rate of Shiba Inu surged around 254,078% over the day. Notably, the spike is observed as 5.63 billion tokens were burned. SHIB Burn Rate (Source: Shibburn) To date, the Shiba Inu ecosystem has burned a total of 410.73 trillion SHIB, leaving over 583.59 trillion SHIB in circulation. This surge in burn rate has brought in an expectation over SHIB’s price, as it likely indicates a price rally. Notably, SHIB appears to be at a critical threshold. In the morning hours, the meme coin traded at a high of $0.00001913, and it began to slide to the current price levels. At press time, SHIB traded at $0.00001742, with the trading volume staying at around $508 million, according to CMC data. Moreover, the market observed a liquidation of $1.45 million worth of Shiba Inu during this timeframe. Where is SHIB’s Price Headed Next? Technical analysis of the SHIB/USDT trading pair indicates the bearish sentiment. The chart displays the daily relative strength index (RSI) positioned at 37.95, suggesting the weakness of the asset. Moreover, the asset’s short-term 9-day MA is situated below the long-term 21-day MA. The Moving Average Convergence Divergence (MACD) line sits below the signal line, highlighting the ongoing negative outlook, which might lead to the incoming bear run. SHIB chart (Source: TradingView) Besides, the Chaikin Money Flow (CMF) indicator stays at -0.31, which suggests the decreased money flow with selling pressure. While the daily trading volume has increased by over 59%. If the bullish sentiment revives, SHIB’s price could likely rally to $0.00001879. It might further rise if the upward momentum persists. However, if the asset’s price attempts a reversal on the support side, the immediate support zone might be at $0.00001639. 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 Dogecoin Rally Fades as Price Drops Over 10% Amid Bitcoin Slump

The world is witnessing a profound shift towards decentralization. From finance to social media, governance to content creation, decentralization is reshaping the way individuals interact with technology and the digital landscape. This transformation is powered by blockchain technology and the broader movement towards Web3, a decentralized version of the internet where users have greater control over their data, assets, and interactions. One of the core trends driving this shift is the rise of decentralized finance (DeFi), where traditional financial services such as lending, borrowing, and trading are carried out on decentralized platforms without intermediaries. DeFi is just one example of how decentralization is disrupting centralized systems and democratizing access to essential services. In addition, decentralized autonomous organizations (DAOs) are gaining traction, allowing communities to govern projects in a transparent, collective manner. Another important trend is the growing emphasis on data privacy and user control. Centralized platforms often require users to trust corporations with their personal information, but decentralization offers a way to restore ownership of data to individuals. This is critical in an era where data breaches and privacy concerns have become increasingly common. Decentralized applications (dApps) enable users to engage in various online activities without sacrificing control over their personal information. As the decentralized ecosystem continues to expand, the need for tools and platforms that make these technologies more accessible is becoming apparent. Homnifi is one such platform that is committed to simplifying access to decentralized applications and services, making the benefits of decentralization available to all users, regardless of their level of expertise. Homnifi’s Plans for the Future Homnifi is at the forefront of this decentralized revolution, driven by a vision to democratize access to Web3 technologies. As the ecosystem of decentralized applications grows, Homnifi aims to continue building an accessible gateway for users to explore and participate in the decentralized future. Expanding Access to Decentralized Applications One of Homnifi’s primary goals is to make decentralized applications (dApps) as easy to use as possible. The platform already serves as a gateway to a wide range of blockchain applications, but the future holds even more potential. Homnifi plans to integrate additional dApps across various sectors, from finance and gaming to social networks and content creation platforms, providing users with a comprehensive suite of decentralized tools. By offering a streamlined interface and eliminating the complexity of interacting with multiple blockchain networks, Homnifi is positioning itself as a leader in making Web3 more accessible to the general public. The platform’s focus on user-friendly design will continue to guide its development, ensuring that both new and experienced users can engage with decentralized services confidently and efficiently. Strengthening Community Engagement At the heart of Homnifi’s vision for the future is community engagement. Decentralization is not just about technology; it’s about empowering individuals and communities. Homnifi plans to enhance its community-building features, providing users with more ways to collaborate, contribute, and grow within the Web3 space. Through decentralized governance models like DAOs and community rewards programs, Homnifi seeks to give users more control over the platform’s future direction. By fostering an inclusive and participatory environment, Homnifi is ensuring that its growth is driven by the needs and desires of its user base. This aligns with the broader Web3 ethos of decentralizing power and decision-making. Enhancing Interoperability and Cross-Chain Capabilities As the decentralized world becomes more complex, interoperability between different blockchains will be key to its success. Homnifi is focused on enhancing its cross-chain capabilities, ensuring that users can move seamlessly between different blockchain networks without needing to navigate complicated processes. Interoperability will be crucial for the future of Web3, as it allows different blockchain ecosystems to communicate and collaborate, unlocking new possibilities for users. Homnifi’s commitment to interoperability will enable users to interact with decentralized applications across multiple platforms, giving them more flexibility and opportunities in the decentralized economy. Security and Privacy for the Decentralized Future As decentralization grows, so do concerns about security and data privacy. Homnifi recognizes that for decentralization to truly take root, users need to feel confident that their assets and information are protected. Homnifi is committed to implementing the highest standards of security to ensure that its users can engage with decentralized applications safely. From enhanced encryption protocols to secure user authentication methods, Homnifi’s plans for the future include continuously improving its security measures. As the platform grows, maintaining the integrity and privacy of user data will remain a top priority, ensuring that users can enjoy the benefits of decentralization without compromising on security. Conclusion The future of decentralization is bright, and Homnifi is poised to play a key role in making that future a reality. With a clear vision to simplify access to decentralized applications, foster community engagement, and enhance interoperability, Homnifi is building the foundation for a more inclusive, secure, and user-friendly decentralized ecosystem. As Web3 technologies evolve, Homnifi’s commitment to democratizing access will be central to shaping the future of the decentralized web. About Homnifi Homnifi is a pioneering platform dedicated to making Web3 accessible for everyone. With a mission to simplify the journey into decentralized applications (dApps) and blockchain technology, Homnifi empowers users—from novices to seasoned tech enthusiasts—to explore the transformative potential of the digital landscape with ease and confidence. By offering a user-friendly interface and educational resources, Homnifi demystifies complex blockchain concepts, ensuring that individuals can engage with the decentralized world without barriers. As a gateway to Web3, Homnifi fosters community engagement and collaboration, allowing users to connect, learn, and grow together. The platform promotes transparency, user ownership, and enhanced security, positioning itself as a vital player in the ongoing digital revolution. With a commitment to innovation and inclusivity, Homnifi is shaping the future of the internet, making it a place where everyone can thrive in the evolving digital ecosystem. For more information, visit Homnifi’s website at https://homnifi.com/ follow us on social: Facebook – X – Instagram – LinkedIn – Telegram 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.

Dogecoin (DOGE) dropped over 10% in the last 24 hours, bringing the price down to around $0.1606. The decline follows a broader market dip led by Bitcoin, which fell back to $69K, causing the overall crypto market to drop by 3.2%. Dogecoin (DOGE) enthusiasts saw a brief glimmer of hope as the popular memecoin surged to six-month highs, hitting close to $0.1792 on October 29th. This peak, similar to levels last seen in April, was driven by a single social media post by tech billionaire Elon Musk. Featuring himself with a DOGE avatar, Musk’s post on X (formerly Twitter) sent the token soaring, with buyers rushing in on the excitement. But just as quickly as the rally began, it stumbled, with Dogecoin now experiencing a sharp decline of over 10% in the past 24 hours. At the time of writing, Dogecoin priced at $0.1606, with a market cap of $23.54 billion. Daily trading volume remains high, up about 24% to $2.4 billion, indicating active trading. The drop in the DOGE comes as the global crypto market followed Bitcoin’s lead, which dipped back to $69K zone, pushing the total market down by 3.2% over the same period. Dogecoin Hints at Continued Selling Pressure The technical indicators suggest DOGE may continue facing challenges in the near term. According to the 4-hour price chart, Dogecoin’s MACD (Moving Average Convergence Divergence) has dipped below its signal line, pointing to a bearish sentiment. Additionally, Dogecoin’s price remains below both the basis and upper line of the Bollinger Bands, hinting at potential price weakness. Further, the 9-day EMA (Exponential Moving Average) signals a bearish trend, indicating that selling pressure could push DOGE to test its next support level near $0.150. Despite this pullback, a recovery remains possible if buyers re-enter the market and push the price above the 9-day EMA. If this happens, DOGE’s next resistance level to watch would be around $0.173, aligning with its recent high. For now, however, the memecoin remains under pressure.