Willemstad, Curaçao, Netherlands, November 1st, 2024, Chainwire Cloudbet sportsbook data shows Trump still crypto favorite; Harris probability dips to record lows. With just a few days left until the 2024 U.S. Presidential Election, the crypto betting market and traditional polls continue to diverge on the race between former President Donald Trump and Vice President Kamala Harris. Cloudbet, a leading crypto betting platform, reports Trump’s odds at 1.56, indicating crypto money is piling into what many believe is an all but certain second term for Trump. As final polls rolled in over the pre-election weekend, Harris seemed to be holding on in several crucial “blue wall” states. The notable exception was Pennsylvania, with CNN polling showing the candidates tied at 48%. “Given only the polls, there is no way the odds would have moved this far to Trump,” a Cloudbet spokesperson said. “I’m not saying there’s not a high chance he’ll win, but it’s hard to imagine a lot of crypto bettors aren’t betting on their personal hopes here.” On election day in 2020, Cloudbet reported that 84% of bets placed favored Trump. “It was so one-sided the oddsmakers were double and triple-checking everything coming in,” said the spokesperson. “They couldn’t believe how few people were backing Biden to win.” In 2024, Cloudbet believes the added weight of a “crypto voter” voting block may be a contributing factor to the bullishness on Trump, who has repeatedly weighed in with pro-crypto talking points. Cloudbet’s odds for Trump imply a 64.1% chance of him winning the election, with Harris’ odds sometimes dipping below a 40% chance of victory. Cloudbet users have also been bullish in state-by-state bets for Trump, moving implied probability close to 80% in North Carolina and to almost 60% in Wisconsin (as of October 31, 2024): Arizona: Trump to win at 78.13% Florida: Trump to win at 97.09% Georgia: Trump to win at 74.07% Michigan: Harris to win at 58.14% Nevada: Trump to win at 68.03% North Carolina: Trump to win at 75.19% Pennsylvania: Trump to win at 60.24% Wisconsin: Trump to win at 58.82% Odds, of course, may tighten. The final days of the campaign have been marked by high-profile endorsements and controversies. Puerto Rican reggaeton star Nicky Jam withdrew his support for Trump after comedian Tony Hinchcliffe’s disparaging remarks about Puerto Rico at a rally. Meanwhile, former California Governor Arnold Schwarzenegger announced his endorsement of Harris, joining a growing list of Republicans crossing party lines. Per Cloudbet, this all adds up to a wild ride for bettors: “It’s going to be a wild last few days here. Crypto bettors often jump in at the final hour, and we expect a ton of people to be looking at the moving odds on our politics page right up until polls close.” About Cloudbet Founded in 2013, Cloudbet is the longest-running crypto-betting platform in the world. It has processed millions of bets across its sportsbook and casino platforms, serving hundreds of thousands of users globally. As a licensed operator, Cloudbet maintains institutional-grade custody solutions and a decade-long track record of zero security breaches. Players can bet using 35+ cryptocurrencies, from Bitcoin and Ethereum to stablecoins and emerging altcoins. Available in 18 languages, Cloudbet features live sports betting across major leagues, esports, and 3,000+ casino games from premier providers. For media inquiries, odds requests, and further information, please contact Irene at [email protected] or visit media.cloudbet.com. Contact Irene Halcyon Super Holdings B.V. [email protected]

Crypto analyst Ali Martinez has revealed what needs to happen next for the Bitcoin price to surpass its current all-time high (ATH) of $73,700. The analyst had rightly predicted the recent price rally to $72,000 but warned back then that the flagship crypto won’t hit its ATH instantly. How The Bitcoin Price Can Reach New ATH Martinez mentioned in an X post that the Bitcoin price needs to hold above the $69,000 support level to reach a new ATH. He claimed that a successful hold above that support level could lead to a price rally to $78,000. This came as he noted that the Bitcoin price movement was going according to plan. Before now, Martinez had predicted that the Bitcoin price would rise to $72,000 if it held above $65,000, which eventually happened. Back then, he added that BTC would likely experience a pullback to $69,000 after this price, which has also now happened, with the flagship crypto closing in October below $70,000. This price correction is believed to be healthy, considering the pump that BTC enjoyed earlier in the week, coming close to its current ATH. This pump was followed by a wave of profit-taking, with whales, including Bhutan, selling their BTC holdings to secure some profits. Ali Martinez indicated that the flagship crypto is still in bullish territory, as he alluded to BTC’s historical performance in November, a month in which it has recorded more positive returns than negative ones. In another X post, he suggested that the Bitcoin price could go parabolic after the US elections. He shared a chart of BTC’s movement after the last three US presidential elections and remarked that he doesn’t expect this time to be different. Bitcoin hit a new ATH after those elections, which could happen again. How It Could Play Out After The US Election Economist Alex Krüger has provided insights into how the Bitcoin price could move after the US elections. In an X post, he claimed there is a 55% probability that BTC will reach $90,000 by year-end if Donald Trump wins. This is based on the fact that the former US president has declared his support for cryptocurrencies. Meanwhile, if Kamala Harris wins, Krüger mentioned that there is a 45% probability that the Bitcoin price will be trading at $65,000 by year-end. The economist put the weighted average for BTC’s price at $79,000. He also told market participants to expect a swift Bitcoin price rally if Trump wins. At the same time, he said he expects BTC to range between $65,000 and $68,000 going into the election night. At the time of writing, the Bitcoin price is trading at around $69,400, down over 3% in the last 24 hours, according to data from CoinMarketCap.

Bitcoin price declined by 4%, slipping down to $69K. BTC remains in the greed zone, with the Fear and Greed Index at 75. Bitcoin’s October phase has ended with a 13% gain, triggering analysts to predict upward momentum in November. BTC enters a period of heightened anticipation, eyeing potential price movements. Despite that, the crypto market cap has reached $2.34 trillion, losing over 3.70%. The BTC price has slipped by 4% over the past 24 hours, currently trading at $69,376, where the asset is 5.79% below its all-time high. However, due to its brief bearish price action, BTC might be poised for a downside rally for the day. Over the day, Bitcoin has recorded the lowest and highest prices at $68,779 and $72,662, respectively. Consequently, the market observed a liquidation of $88.25 million worth of BTC during this timeframe, as per data. Besides, the asset’s weekly chart recorded a moderate price gain of 2.36%. BTC began trading at $67,695. Notably, in the middle of this week, Bitcoin tested the $71.2K level and hit a weekly high of $73,544. It’s vital to recognize in the analyst chart that Bitcoin’s recent spike to $72K is following an expected trajectory, with the crucial support level at $69K. If Bitcoin holds its ground above this level, it could trigger further upside momentum, reaching $78,000. On the other hand, the defunct cryptocurrency exchange, Mt. Gox has transferred 500 BTC, approximately worth $35 million, to unmarked addresses. The wallet currently holds 44,905 BTC, and the move has sparked speculation in the compensation process for creditors. Can Bitcoin Bulls Turn the Tide? While zooming in at Bitcoin’s four-hour technical indicators, it infers the asset’s current brief bearish outlook. The Moving Average Convergence Divergence (MACD) line is positioned below the signal line, which might trigger the incoming bear run. BTC chart (Source: TradingView) In addition, the Chaikin Money Flow (CMF) indicator is found at -0.08, hinting at the decreased money flow. Meanwhile, the daily trading volume of BTC has reached $44.56 billion, soaring by over 13%. Moreover, the current market sentiment is neutral, as the daily relative strength index (RSI) is hovering around 45. The asset’s daily frame displays the short-term 50-day moving average above the long-term 200-day moving average. The price chart of BTC reveals the probability of both the upside and downside correction. If the negative trend continues, BTC could slip below $69K in the short term. Further losses might push the BTC price to decline to the $68,300 range. On the flip side, Bitcoin’s price could break the resistance at $70K and can aim for the all-time high of $73,750. BTC could rally further if the lost momentum is regained. In that case, the asset could break it’s all-time high (ATH). Highlighted Crypto News Crypto Firms Hit with $400M SEC Enforcement Bill Under Gensler

Satoshi Airlines, a HongKong-based innovative travel technology company focused on reshaping the future of crypto-enabled air travel, announced today that it has secured an investment commitment of $75 million from GEM Digital Limited, a digital asset investment firm headquartered in the Bahamas. GEM Digital actively sources, constructs, and invests in utility tokens, with a portfolio represented across over 30 centralized (CEX) and decentralized (DEX) exchanges worldwide. About Satoshi Airlines Satoshi Airlines is pioneering the Fly-to-Earn travel model, empowering users to earn rewards through travel activities like booking, boarding, and participating in the ecosystem. With a vision to redefine travel, Satoshi Airlines integrates NFT-powered loyalty rewards, a decentralized travel insurance service, and strategic partnerships with airlines and travel agencies globally. Users can access exclusive rewards, automatic compensation for travel disruptions via smart contracts, and enjoy an inclusive platform catering to travelers of all backgrounds. Further Developments and Roadmap Satoshi Airlines is on a rapid expansion path with plans for further fundraising rounds and additional CEX listings to broaden the reach of its native token. Key milestones include: – Platform Launch: Upcoming platform release with access to Fly-to-Earn rewards, NFT loyalty tiers, and seamless crypto travel booking. – Further CEX Listings: The token is set for additional CEX listings to provide greater liquidity and accessibility to a global user base. – Strategic Partnerships: Ongoing collaboration efforts with airlines and travel agencies, reinforcing Satoshi Airlines’ global network and service expansion. The app engages users through gamification and offers two modes: Free Rider for non-NFT holders and Jet Set mode for NFT holders. For more information, visit Satoshi Airline’s website.https://satoshiair.xyz/ About GEM DIGITAL GEM Digital Limited is a digital asset investment firm. Based in The Bahamas, we actively source, structure and invest in utility tokens listed on over 30 CEXs and DEXs globally. GEM (Global Emerging Markets) is a $3.4 billion alternative investment firm with offices in Paris, New York, and the Bahamas. GEM oversees a wide range of developing market investment vehicles and has executed over 525 transactions in 75 countries Contact: Henry [email protected] Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Crypto firms spent $400 million on SEC enforcement actions since April 2021. Two-thirds of voters want clearer SEC guidelines for crypto regulation. The U.S. digital asset sector has faced mounting costs exceeding $400 million in dealing with enforcement actions brought by the Securities and Exchange Commission (SEC) under Chair Gary Gensler. The Blockchain Association highlighted this figure, compiled and released in partnership with global markets research firm HarrisX, on Thursday, emphasizing the significant financial toll on industry players. Since Gensler’s appointment in April 2021, the SEC has actively pursued cases against crypto firms, asserting that most digital assets qualify as securities. Companies such as Coinbase, Ripple, Kraken, and Crypto.com—members of the Blockchain Association—have collectively spent hundreds of millions on legal and compliance-related expenses. Moreover, according to a statement from the group, this amount represents only a “small slice” of the industry, with broader implications on job losses, hindered innovation, and decreased U.S. investment. Raising Public Concern The HarrisX survey, conducted online from October 25-28 with 1,717 registered voters, revealed public concern over the SEC’s approach. Two-thirds of respondents believe the SEC should wait for clearer regulatory guidelines from Congress before enforcing actions. Current legislative proposals, including bills for stablecoin regulation, have yet to pass, contributing to the ambiguity. Political affiliation plays a role in voter perceptions, as survey results showed a near-even split on which party is more favorable toward crypto innovation. The poll found that 34% of voters lean toward Republicans and 32% toward Democrats, reflecting division on how best to support digital asset growth. Meanwhile, industry leaders are vocal about their frustrations. Coinbase’s Chief Legal Officer, Paul Grewal, shared the survey findings on social media, underscoring the financial impact on taxpayers and urging voters to consider these issues at the polls. Meanwhile, critics argue that the SEC’s outdated regulations fail to accommodate the unique nature of digital assets, prompting some firms to challenge the agency in court. The ongoing regulatory scrutiny has sparked concern over the future of crypto innovation in the U.S., with major firms like ConsenSys citing SEC actions as a reason for workforce reductions and emphasizing the tangible economic effects on the sector.

Ahead of its monthly close, Bitcoin (BTC) has seen another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the drop, some analysts consider the cryptocurrency is still in a strong position for an upcoming breakout, setting the next levels to watch. BTC’s Sweet 16 Party Turns Spooky Bitcoin, the largest cryptocurrency by market capitalization, recorded an impressive rally in ‘Uptober,’ surging around 13% in the last 30 days. BTC’s price has jumped from the $58,900 monthly low to near its all-time high (ATH) price of $73,737, reaching the $73,300 mark on Wednesday. Following the green September close, the flagship crypto is set to have its best monthly close since March, potentially registering around 13$ to 14% in monthly returns despite its most recent price action. On its whitepaper’s 16th birthday, Bitcoin recorded a spooky 2% drop, driving the rest of the market to a red Halloween party. BTC’s price fell below the $71,000 mark, reaching an intraday low of $70,600. Meanwhile, the second largest cryptocurrency by market capitalization, Ethereum (ETH), pulled back around 5.1%, losing the $2,600 support zone. Crypto analyst Ali Martinez pointed out that today’s drop is the fifth consecutive rejection BTC faces at $72,000. Since its ATH, Bitcoin has been rejected from this resistance level five times, dropping between 8.2% and 18% the four previous times. Analyst Altcoin Sherpa suggested that BTC could see a 4% to 5% dip if the largest cryptocurrency doesn’t hold the $70,000 support zone. Nonetheless, Sherpa considers that the cryptocurrency should “see some sort of bounce” from the $70,800-$71,400 area in the short term. BTC is expected to have an extremely volatile week ahead of the US presidential elections. Bitfinex analysts predicted that Bitcoin volatility will peak between November 6 and November 8, as speculation and anticipation about the election outcome affect the cryptocurrency’s performance. Is Bitcoin Gearing Up For End-Of-Year Breakout? Cryptoinsightuk weighed in on Bitcoin’s performance, noting that BTC is still at ATH by Open Interest (OI). The crypto investor considers that the Daily Relative Strength Index (RSI) could potentially “cross bearish” today. He also highlighted that $69,600 should work as a key support level for Bitcoin bulls but warned that losing the $66,500 range could be “messy” as BTC’s open interest would “flush.” Meanwhile, Crypto Kaleo posted a more bullish outlook for BTC’s price action. The analyst highlighted that the flagship crypto didn’t break above its ATH when it retested the $20,000 mark in 2020. Instead, Bitcoin initially pulled back nearly 20% during Thanksgiving, moving from $19,400 to $16,100. Moreover, BTC’s price accumulated within that range for 30 days before breakout, seeing the next leg up in late December 2020. The analyst pointed out the breakout happened 219 days after May 2020’s Halving. As Bitcoin is currently 194 days post-halving, the analyst considers that “a little bit of a pullback here isn’t any reason for concern.” As of this writing, Bitcoin has held the $70,000 support level, currently trading at $70,522.

Bitcoin (BTC) fell over 5% to around $68,779, down from $72,500, in the past 24 hours. The defunct Mt. Gox exchange transferred 500 BTC, valued at $35 million, to unknown addresses. Bitcoin (BTC) dropped to the $69K zone, losing more than 5% in the last 24 hours, following fresh movements of Bitcoin associated with the defunct Mt. Gox exchange. This latest slide comes after BTC traded as high as $72,662, has the crypto world abuzz about what this activity could mean for the market. According to blockchain analytics firm Arkham Intelligence report on November 1, around 500 BTC, valued at $35 million, was transferred from Mt. Gox-linked wallets to several unknown addresses. Specifically, 1.78 BTC went to one address, while 468.24 BTC ended up in another. (Source: Arkham) This is the first large transfer from Mt. Gox-linked wallets in about a month. Still, the wallet was flagged as belonging to Mt. Gox holds an enormous 44,905 BTC—worth roughly $3.12 billion—as per Arkham. A Glimpse of the Past This movement comes on the heels of a similar activity in August when Mt. Gox shifted about 13.265K BTC. The transfer worth around $784 million at the time, to an undisclosed wallet. These frequent transfers have raised speculation that Mt. Gox may be preparing for the long-awaited repayment of Bitcoin to its creditors. Originally set for 2024, the platform recently extended its deadline by a year to October 31, 2025. In May, Mt. Gox firmly denied rumors of a $10 billion BTC and Bitcoin Cash (BCH) selloff from its wallets. However, the current market reaction suggests any movement from these wallets continues to impact Bitcoin’s price. With BTC now trading around $69,567, the day’s trading volume surged over 14% to $44.59 billion. Mt. Gox, one of the first Bitcoin exchanges, once managed around 70% of all global BTC transactions. But went under in 2014 following significant security breaches. Since then, creditors have eagerly awaited their Bitcoin.

Immutable responded to the SEC’s Wells Notice explaining its internal communications with the regulator. The SEC has filed lawsuits against several cryptocurrency firms in the last few months. In the last 24 hours, several interesting market activities occurred. The crash of the US stock market took the spotlight as the leading cryptocurrency Bitcoin also returned to the $69K level. Meanwhile, on the regulatory end, the SEC received a response from its recent Wells Notice receiver, Immutable. Crypto assets and gaming platform Immutable released an official statement responding to the SEC’s recent Wells Notice. The firm drew out a detailed history of the SEC’s ‘string of cases’ lost over the last few years. It referred to Ripple, Coinbase, and the secret investigation on ETH. Further, Immutable also referred to the lawsuit that Consensys filed against the regulator. Secondly, Immutable criticized the SEC’s approach towards cryptocurrency – regulation through enforcement rather than policy. They stated that Immutable reached out to the SEC for an open and clarifying conversation but only received a strict timeline. The SEC issued the Wells Notice very close to the US elections, not giving Immutable much time to clarify the allegations. Immutable stated in its official statement: The allegations include violations of securities laws and company misrepresentations dating back to 2018. Immutable also highlighted its intent to deal with the current Wells Notice and an impending lawsuit. How is Immutable Planning to Fight the SEC’s Allegations? The gaming platform discussed how the SEC was not open for a conversation and instead sent a Wells Notice in a matter of a few hours. The Wells Notice indicates an upcoming lawsuit. Additionally, Immutable also stated that the SEC’s allegations were under-researched and incorrect. Furthermore, the firm believes the issue could be resolved through an open conversation. However, if the SEC was willing to go to court, it would be willing to fight and win against the SEC, said the official statement. It also stated that the SEC cannot stop their growth and the crypto industry’s growth. Meanwhile, the SEC has continued its legal battle against the Ripple ecosystem with its last-minute appeal. Ripple has filed a cross-appeal in response to the SEC’s move.

Ethereum recent performance in the futures market is generating optimism among traders and analysts, according to insights shared by CryptoQuant analyst ‘ShayanBTC.’ As the second-largest crypto by market capitalization, Ethereum has garnered notable attention following an uptick in funding rates—a measure used to gauge the demand balance between buyers and sellers in futures contracts. Rise In Funding Rates To Drive Breakout? Positive funding rates imply that there are more aggressive buyers, indicating bullish sentiment, whereas negative rates suggest more sellers and a bearish outlook. This trend reflects a favorable market sentiment for Ethereum, albeit with some caution regarding its sustainability. Despite this renewed optimism, the current positive funding rates for Ethereum, as highlighted by Shayan are yet to match levels seen in early 2023, when the cryptocurrency experienced a marked bullish trend in March. This difference may indicate that, although sentiment is shifting, the momentum may need further strengthening to ignite a sustained rally. Shayan observations suggest that while traders lean towards a positive outlook on Ethereum, this sentiment must translate into higher funding rates to indicate a stronger conviction in the asset’s potential price rise. The analyst wrote: Ethereum Market Performance Ethereum has seen a noteworthy recovery in price in recent weeks. The asset has recorded a price uptick rising to as high as $2,719 on Wednesday. However, following the asset reaching this price mark comes a noteworthy correction. Over the past day, ETH has decreased by 5.1%, shedding some of the profits in the past few days. At the time of writing, the asset trades at $2,550 from its 24-hour low of $2,548. ETH’s daily trading volume has also followed the same trend, dropping from above $24 billion on Wednesday to below $20 billion. Regardless of this performance, some analysts remain bullish on ETH. For instance, renowned crypto analyst Javon Marks has recently highlighted that Ethereum is coming off “confirmed Hidden Bull Divergence patterns and an RSI breakout,” which sets its price to climb by 75% to reach the $4811.6 target. Featured image created with DALL-E, Chart from TradingView

On Wednesday, BlackRock, the world’s largest asset manager, achieved a significant milestone in the Bitcoin ETF market, recording the largest inflows since the inception of these investment funds in January. Bitcoin ETF Demand Soars Ahead Of US Presidential Election According to Bloomberg, approximately $872 million flowed into BlackRock’s iShares Bitcoin Trust on Wednesday, marking a daily record for the fund. This influx highlights the strong demand for Bitcoin ETFs, with subscriptions for this nine-month-old product ranking among the highest globally for ETFs in 2024. As a result of the inflows, BlackRock’s total holdings in Bitcoin now stand at 429,185 BTC, valued at approximately $31.04 billion. This accounts for about 2.04% of Bitcoin’s total supply, capped at 21 million coins. The recent inflows are being attributed to a phenomenon dubbed the “Trump trade,” as pro-crypto Republican nominee Donald Trump gains momentum in betting markets ahead of the upcoming election day on November 5. Bitcoin is on the verge of reaching new heights, fueled by a 13% rally in October. James Seyffart, an ETF analyst at Bloomberg Intelligence, noted on Bloomberg Television that the demand for these ETFs is palpable, suggesting that investors are responding not only to Bitcoin’s upward momentum but also to Trump’s favorable odds in the political arena. Trump has made headlines with his pledge to turn the US into the “crypto capital of the planet” and to create a strategic Bitcoin reserve for the country to halve the US’s $35 trillion national debt. In contrast, Democratic Vice President Kamala Harris, has pledged to support a regulatory framework for the cryptocurrency industry but has not provided further details on how her potential new administration will address the community’s calls for a change in leadership at the US Securities and Exchange Commission (SEC) and its approach to digital assets. Price Predictions Surge Amid bullish predictions for the leading crypto of the industry, market expert Ali Martinez has shared compelling insights regarding Bitcoin’s potential price trajectory for the months ahead. In a recent post on social media platform X (formerly Twitter), Martinez analyzed historical patterns, noting that Bitcoin has typically peaked between the 1.618 and 2.272 Fibonacci retracement levels during past bull cycles. If this trend continues, Martinez predicts that Bitcoin could reach a price range between $174,000 and $462,000 in the current cycle. In addition to these price predictions, Martinez pointed to another bullish indicator: a significant outflow of Bitcoin from cryptocurrency exchanges. Over the past 48 hours, approximately 8,000 BTC, valued at around $576 million, have been withdrawn from exchanges. This trend signifies a growing inclination among investors to hold onto their Bitcoin rather than sell it, which can create upward pressure on prices as BTC inches closer to its all-time high level of $73,700 reached in March. At the time of writing, BTC was trading at $71,640. This represents a retracement of 1.2% over the past 24 hours. Featured image from DALL-E, chart from TradingView.com

Solana trimmed gains and traded below the $175 support zone. SOL price is now approaching the $165 support and might bounce back in the near term. SOL price started a fresh decline after it struggled near the $185 zone against the US Dollar. The price is now trading below $172 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $172 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a decent upward movement if it stays above the $165 and $162 support levels. Solana Price Holds Support Solana price struggled to clear the $185 resistance and started a fresh decline like Bitcoin and Ethereum. There was a drop below the $180 and $175 support levels. The bears even pushed the price below $172 and tested the $165 support zone. A low was formed at $165 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $183 swing high to the $165 low. Solana is now trading below $172 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $170 level. The next major resistance is near the $172 level. There is also a key bearish trend line forming with resistance at $172 on the hourly chart of the SOL/USD pair. The main resistance could be $175 or the 50% Fib retracement level of the downward move from the $183 swing high to the $165 low. A successful close above the $175 resistance level could set the pace for another steady increase. The next key resistance is $182. Any more gains might send the price toward the $185 level. More Losses in SOL? If SOL fails to rise above the $170 resistance, it could continue to move down. Initial support on the downside is near the $165 level. The first major support is near the $162 level. A break below the $162 level might send the price toward the $150 zone. If there is a close below the $150 support, the price could decline toward the $135 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $165 and $162. Major Resistance Levels – $170 and $172.

The TRON network has been making a notable impact across altcoin ecosystems, regaining its position as the leading blockchain for transaction volume among major altcoin chains. According to a CryptoQuant analyst known as ‘Maartuun,’ TRON has shown substantial transaction dominance recently, handling roughly 43% of transactions across major altcoin blockchains as of October 30. This recent spike has pushed TRON to the top position for transaction processing in October, surpassing other major altcoin networks and highlighting its relevance in the current crypto market. Deciphering TRON’s Transaction Dominance Data shared by maartuun reveals that in October alone, TRON processed approximately 230 million transactions, marking a significant activity surge. On October 24, the network peaked, handling 10.46 million transactions, around 25% higher than its 30-day average. This activity level reflects TRON’s increased usage, aligning with its performance in 2024, when it frequently led in transaction volume. However, between late August and early October, TRON’s transaction dominance slightly waned, with other networks experiencing temporary spikes in activity. TRON’s return to the forefront suggests the asset is reclaiming its crown and maintaining its status as a “highly utilized” blockchain network for altcoin transactions. The CryptoQuant analyst’s observations suggest that TRON’s current dominance in transaction volume is likely to persist. This trend is supported by historical data, showing that TRON has maintained strong transaction levels over extended periods. It is worth noting that the network’s current transaction share indicates a broader shift within the blockchain industry toward networks that offer scalability and low fees, essential factors for sustaining high transaction rates. TRON’s ability to handle many transactions daily sets it apart from many other altcoin platforms, adding to its appeal and supporting its adoption within various blockchain-based applications and projects. TRON Market Performance While TRON’s on-chain fundamentals appear to be doing well, the network’s native token (TRX) market price performance can also be said to have seen positive movements in recent weeks. Particularly following the ubiquitous price increase in the crypto market led by Bitcoin, TRX has followed the overall bullish trend, increasing by 5.6% in the past fortnight and 3.1% in the past week. However, the asset’s price performance in the past day isn’t all that positive. Over this period, TRX has faced a slight correction, falling from its 24-hour high of $0.1705 to a price of $0.1684 at the time of writing. While TRX’s price has seen an uptick, its daily trading volume seems to be recording an opposite trend. In the past few days, this metric has decreased from over $600 million seen last weekend to below $500 million. Featured image created with DALL-E, Chart from TradingView

XRP price is holding the $0.5020 support zone. The price is beating Bitcoin and might aim for a move above the $0.5250 resistance. XRP price is eyeing more gains above the $0.5250 zone. The price is now trading below $0.5200 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.5185 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it settles above the $0.5200 resistance zone. XRP Price Eyes Upside Break XRP price extended losses below the $0.5120 support zone. The price even declined below $0.5050 before the bulls emerged, but losses were limited compared to Bitcoin and Ethereum. A low was formed at $0.5025 and the price started a fresh increase. There was a move above the $0.5050 and $0.5120 resistance levels. It cleared the 50% Fib retracement level of the downward move from the $0.5307 swing high to the $0.5025 low. Besides, there was a break above a key bearish trend line with resistance at $0.5185 on the hourly chart of the XRP/USD pair. The price is now trading below $0.5200 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5200 level or the 61.8% Fib retracement level of the downward move from the $0.5307 swing high to the $0.5025 low. The first major resistance is near the $0.5240 level. The next key resistance could be $0.5300. A clear move above the $0.5300 resistance might send the price toward the $0.5350 resistance. Any more gains might send the price toward the $0.5500 resistance or even $0.5550 in the near term. The next major hurdle might be $0.5850. Another Decline? If XRP fails to clear the $0.5200 resistance zone, it could start another decline. Initial support on the downside is near the $0.5120 level. The next major support is near the $0.5085 level. If there is a downside break and a close below the $0.5085 level, the price might continue to decline toward the $0.5020 support in the near term. The next major support sits near the $0.4880 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.5150 and $0.5085. Major Resistance Levels – $0.5200 and $0.5240.

Experiencing missed chances with early-stage cryptocurrencies can leave many wishing they had acted sooner. Whether it was overlooking Bitcoin or delaying Solana, the regret is common: they should have capitalised earlier. Yet, every once in a while, a fresh prospect emerges. This time, it’s BlockDAG (BDAG), a pioneering layer 1 blockchain intent on completely redefining the cryptocurrency landscape. Since its inception, BlockDAG has quickly achieved one milestone after another: accumulating $105.4 million, selling 14.6 billion coins, and providing a staggering 2100% return to its early contributors. The recent test network debut has converted skeptics into supporters, with a grand promotional code offering a 100% bonus on all BDAG coin acquisitions. This has drawn significant attention from major buyers, including single purchases over $3 million. Test Network Success: BlockDAG Proves Its Capability The testing phase is crucial for any digital currency project—this is where concepts either materialise or collapse. BlockDAG’s test network introduction was a resounding success, showcasing the network’s capability, speed, and scalability to developers and early adopters. The positive feedback from this community underscores BlockDAG’s potential to address persistent challenges in blockchain technology. This strong performance builds excitement for an early main network launch, sparking interest among developers and cryptocurrency enthusiasts globally. BlockDAG Launches BDAG100: Grab 100% Bonus Today! In light of overwhelming demand and robust community backing, BlockDAG recently unveiled a new limited-time promotional code: BDAG100. This promotion provides a substantial benefit—a 100% bonus on BDAG coin purchases, doubling the value for early participants and eager supporters. This move celebrates BlockDAG’s achievements and demonstrates its commitment to rewarding its community and boosting user involvement. By launching the BDAG100 bonus, BlockDAG seeks to attract even more users to its thriving ecosystem, further propelling its growth and cementing its status in the competitive blockchain arena. This strategic initiative underscores BlockDAG’s focus on innovation and community engagement, paving the way for continued prosperity and reach. The Stats Are In: BDAG’s $105.4M Presale & 2100% Surge BlockDAG’s presale period has been transformative. Having raised $105.4 million and with the BDAG coin price surging from $0.001 to $0.022, the presale strongly reflects the community’s trust in BlockDAG’s future prospects. This 2100% price rise since batch 1 demonstrates a solid belief in the long-term potential of BDAG. Large traders are making individual purchases of up to $3 million, and retail participants are increasing, with many joining the presale each day. As the main network launch nears and presale batches sell out quicker with each round, BlockDAG’s journey is marked by rapid progress and substantial support. Missed BDAG’s 2100% Growth? Here’s Your Next Chance! Those who joined BlockDAG in the first batch of presales are currently enjoying a remarkable 2100% gain, with BDAG’s price reaching $0.022 as batch 25 commenced. However, this doesn’t mean new participants can’t achieve impressive returns. With the upcoming main network launch and a projected price of $30, those jumping at the current price of $0.022 could see substantial profits. One thing to note: this price won’t last long. With significant purchases happening under the ongoing 100% bonus code, BDAG’s value could soar at any moment. While it might seem late to enter the presale, there’s still an opportunity to secure a share of what could be a 30,000x return—if you act swiftly. Learn About BlockDAG – Act Now Before Prices Increase: 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 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.

Every so often, a new cryptocurrency emerges equipped with cutting-edge technology and the determination to rival established blockchain leaders. BlockDAG (BDAG) might just be the next contender. Its recent brand video, styled like a high-stakes Formula 1 race, encapsulates its ambitious mission to surpass current blockchain frontrunners, and the figures support its trajectory. So far, BlockDAG’s early funding has reached a staggering $104.5 million, providing early backers with a 2100% return on their contributions. Bringing the excitement to a fever pitch, the project has launched a limited-time 100% bonus on all BDAG purchases. This exceptional offer invites the community to seize the moment, maximizing their holdings while this special promotion lasts. In parallel, both XRP and Bitcoin Cash are developing in their unique ways. A noteworthy increase in decentralized exchange (DEX) activities highlights XRP’s pivot towards decentralized finance (DeFi), despite a slight decline in transaction volume. Concurrently, Bitcoin Cash is advancing through a series of technical enhancements designed to ease and expand developer capabilities. Fewer XRP Transactions, But Wallets Are Alive & Kicking Despite a recent 17.5% reduction in transaction volume, the XRP ecosystem demonstrates its robustness in other significant areas. The number of active wallets has escalated by 14%, indicating continued and growing engagement within the community. Moreover, the spike in DEX activity on the XRP network—about 18%, reaching $4.6 million—suggests a shift towards DeFi platforms among its users. Although there has been a noticeable downturn in NFT creation on the ledger, the liquidity in XRP’s Automated Market Maker (AMM) pools has experienced substantial increases, reflecting a broader adoption of decentralized trading platforms within the XRP sphere. Bitcoin Cash News: BCH Untangles Developer Constraints Bitcoin Cash (BCH) is actively addressing existing technical barriers that have hampered the development of complex applications on its blockchain. The introduction of proposals CHIP-2021-05 and CHIP-2024-07 marks significant strides towards enhancing developer interaction and adaptability. CHIP-2021-05 seeks to extend stack memory and improve operation limits, which will support the creation of larger and more complex smart contracts. Meanwhile, CHIP-2024-07 aims to incorporate native high-precision mathematical functions, facilitating more efficient and accurate calculations across the network. Why BlockDAG’s On Its Way to Becoming a Tier 1 Crypto BlockDAG’s latest brand video starts with a thrilling Formula 1-style race, where sleek cars—each representing different blockchain networks—compete fiercely on the track. Amid this intense race, one car—the representation of BlockDAG—pulls ahead with extraordinary speed and precision. This imagery vividly showcases BlockDAG’s capability to process multiple blocks concurrently, a technological edge that positions it well ahead of traditional blockchains like Bitcoin, which often struggle with speed and scalability constraints. This video is not merely a creative depiction; it serves as a powerful indicator of BlockDAG’s burgeoning influence and its strategic positioning as a potential Tier-1 leader in the blockchain sphere. The supporting data further reinforces this trajectory: with presale revenue now exceeding $104.5 million, BlockDAG has completed 24 of its planned 45 presale batches in a relatively short timeframe. Over 14.6 billion BDAG coins have already found holders, with initial batch supporters witnessing a striking 2100% growth in value. Such metrics are a testament to the strong confidence the community places in BlockDAG’s foundational technology. Riding a wave of success, BlockDAG has unleashed an exclusive 100% bonus on BDAG coin purchases with the BDAG100 code, marking an exciting new chapter for the project. This special, time-limited bonus aligns with Bitcoin’s recent rise, signaling a potential new all-time high and providing an ideal moment for BlockDAG to add to the crypto buzz. The BDAG100 promotion follows the exceptional reception of the previous BDAG50 offer, with the BlockDAG community on social media actively calling for another bonus. BlockDAG has also exceeded expectations in its presale, attracting over $100 million so far, making this new bonus offer a fitting celebration of its remarkable achievements. Market Position and Future Outlook While transaction volumes may have decreased, the XRP ecosystem continues to demonstrate vitality with an expanding base of active wallets. Concurrently, Bitcoin Cash is advancing its appeal to developers through innovative proposals aimed at easing and enhancing the development experience on its platform. BlockDAG’s aggressive advancements are positioning it for comparison with Tier-1 blockchain giants such as Bitcoin and Ethereum. With a significant $104.5 million already secured in its ongoing presale and the impact of a viral brand video generating widespread interest, BlockDAG stands out as the most talked-about crypto entity of October 2024. Learn About BlockDAG – Act Now Before Prices Increase: 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 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.

In 2020, a college student in Florida stumbled upon Chainlink while diving into blockchain technology. With a portion of his savings, he invested in LINK tokens, and as Chainlink skyrocketed by securing partnerships with tech giants and expanding its ecosystem, the student’s investment multiplied tenfold. Now, the crypto market is buzzing again with the rise of a new project BlockDAG (BDAG), which holds potential for similar returns. This revolutionary hybrid network merges the best features of traditional blockchains and Directed Acyclic Graphs (DAGs). With its presale surpassing $105.5 million, the BDAG coin has grown remarkably, offering early buyers a staggering 2100% ROI. Experts predict that BlockDAG could be the next big wave in crypto, potentially yielding a 20,000x return in the future. A Student’s Journey to Success with Chainlink A college student from Florida discovered Chainlink while studying blockchain technology in 2020. Intrigued by its potential, he decided to invest $10,000 in LINK tokens, which were priced at around $11 at the time. As he followed the project closely, Chainlink began securing significant partnerships with major tech companies, enhancing its credibility and expanding its ecosystem. This increased demand drove the price of LINK higher. By 2021, Chainlink’s price skyrocketed to nearly $30, allowing his initial investment to increase to around $27,272.73. This surge in value transformed his investment into a substantial profit, enabling him to fund his remaining education. His success story is a testament to Chainlink’s potential and the power of early investments in innovative technology. BlockDAG’s $105.5M Presale & 100% Bonus Code Sets the Stage for 20,000x Returns! BlockDAG is a revolutionary hybrid technology. It merges the strengths of traditional blockchains and Directed Acyclic Graph (DAG). It offers high scalability and faster transaction processing while maintaining security. This unique combination has made BlockDAG increasingly popular among crypto enthusiasts. It has drawn the attention of crypto traders eager for innovation. The excitement around BlockDAG is evident in its record-breaking presale. It has surpassed an astonishing $105.5 million, making it the biggest presale in history. This surge in interest has driven the BDAG coin’s value to $0.022 in batch 25, up from just $0.001 in batch 1. This steady growth indicates that BlockDAG is on a promising trajectory. Early buyers have already seen a remarkable 2100% ROI, showcasing the potential for BlockDAG to explode in the market post its presale. To celebrate this surge, BlockDAG has surprised the community with a smashing 100% Bonus code. The BDAG100 bonus code is a limited-time offer designed to reward early adopters and new investors alike, doubling their purchase amount and further fueling the momentum as BlockDAG gears up to reach its $600M goal. Crypto analysts are optimistic, predicting that BlockDAG could offer returns of up to 20,000x as its presale grows rapidly. With BlockDAG’s presale expected to conclude soon, it is an exciting opportunity for buyers looking to replicate success stories like that of the Chainlink investor. For those who act quickly, BlockDAG has the potential to transform a $1,000 stake into millions. It stands as a compelling option for anyone seeking to capitalise on the rapidly evolving crypto market. The Next Success Story Awaits The college student’s Chainlink journey shows the immense potential of investing in crypto. A similar opportunity now awaits buyers as BlockDAG is gaining momentum and showing signs of huge growth. Its presale has raised over $105.5 million already and the BDAG coin has seen impressive value growth. Crypto traders have a chance to replicate such success, as BlockDAG could lead to significant returns especially with the 100% bonus code, mirroring the remarkable story of Chainlink’s rise. Discover More About BlockDAG: 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 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.

Warsaw, Poland, November 1st, 2024, Chainwire Flipster, a global crypto derivatives exchange, has announced a collaboration with BNB Chain, a community-driven blockchain ecosystem, to offer fee-free withdrawals, aiming to democratize access to cryptocurrency trading. This collaboration builds on Flipster’s existing zero-fee trading model, aligning with both Flipster and BNB Chain’s shared mission to make cryptocurrency trading more user-friendly and cost-effective. By backing BNB Chain’s gas-free withdrawals initiative, Flipster users will be able to transact with ease and capitalize on market movements effectively while avoiding hidden fees and slippage. Beyond bridging the gap between traditional finance and crypto, Flipster aims to explore further synergistic initiatives that accelerate crypto adoption. This includes fostering connections within the ecosystem, providing seamless entry into the market, and enhancing the overall trading experience, to encourage greater participation in the ecosystem. Flipster’s platform is designed for rapid trade execution, deep liquidity, and zero trading fees. With the integration of BNB Chain’s fee-free withdrawals, users can withdraw stablecoins without incurring additional costs until the end of the month. Processing over $10 billion in monthly trading volume and serving over a million users, more than 98% of asset deposits and withdrawals on Flipster are stablecoins, making the zero-fee withdrawal offering on BNB Chain even more valuable for users looking to maximize their returns. For more information about the campaign, please refer to Flipster’s blog. About BNB Chain BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of: BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain. opBNB: A scalability L2 that delivers the lowest gas fees of any L2 and rapid processing speeds. BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces. Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program. About Flipster Flipster is a crypto derivatives exchange known for its lightning-fast perpetual futures listings, zero trading fees, high liquidity, and rapid trade executions. The easy-to-use platform provides users with an all-in-one trading experience with leverage of up to 100x on over 250 tokens, supporting traders globally in capitalizing on market opportunities. For media enquiries or interview requests with the team, please reach out to [email protected]. Contact Shirlyn Tan Flipster [email protected]

Ethereum price started a fresh decline from the $2,720 resistance. ETH is back below $2,550 and might struggle to start a fresh increase in the short term. Ethereum started a fresh decline from the $2,720 resistance zone. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,560 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it fails to stay above the $2,450 support zone. Ethereum Price Dives Below $2,550 Ethereum price struggled to stay above $2,650 and started a fresh decline like Bitcoin. ETH declined heavily below the $2,620 and $2,600 levels. There was a break below a key bullish trend line with support at $2,560 on the hourly chart of ETH/USD. The pair declined below the 50% Fib retracement level of the upward wave from the $2,488 swing low to the $2,719 high. The bears even pushed the price below $2,550. Ethereum price is now trading below $2,550 and the 100-hourly Simple Moving Average. It is now approaching the $2,460 support zone and the 61.8% Fib retracement level of the upward wave from the $2,488 swing low to the $2,719 high. On the upside, the price seems to be facing hurdles near the $2,550 level. The first major resistance is near the $2,580 level. The main resistance is now forming near $2,610. A clear move above the $2,610 resistance might send the price toward the $2,650 resistance. An upside break above the $2,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2.720 resistance zone. More Downsides In ETH? If Ethereum fails to clear the $2,550 resistance, it could continue to move down. Initial support on the downside is near the $2,480 level. The first major support sits near the $2,450 zone. A clear move below the $2,450 support might push the price toward $2,380. Any more losses might send the price toward the $2,320 support level in the near term. The next key support sits at $2,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,450 Major Resistance Level – $2,550

According to JPMorgan analysts, a win for the Republican US presidential candidate Donald Trump could further fuel Bitcoin (BTC) price momentum. Retail Investors Turn To Bitcoin For ‘Debasement Trade’ In a recent client note, analysts at JPMorgan suggested that a Trump win might provide ‘additional upside’ for both BTC and gold, as retail investors increasingly view Bitcoin as a ‘debasement trade.’ In simple terms, a debasement trade is a strategy to protect purchasing power against the steady erosion of fiat currencies due to extensive money printing. Notably, the M2 money supply – a measure of total money in circulation – sharply rose during the coronavirus pandemic. This surplus in money supply led to heightened inflation, forcing the U.S. Federal Reserve (Fed) to raise interest rates to contain it. By purchasing BTC, retail investors aim to maintain their money’s value, hoping Bitcoin will act as a hedge against currency depreciation. The JPMorgan note states: Data from SoSoValue shows that Bitcoin exchange-traded funds (ETF) have attracted a whopping $1.3 billion in inflows over the past two days alone. As of October 30, the cumulative net inflow to US-based spot BTC ETFs is $24.18 billion. October’s total ETF inflows alone amount to $4.4 billion, marking it the third-highest month for BTC ETF inflows since their launch earlier this year. However, institutional investors appear to have slowed down on BTC futures activity recently, with analysts noting that Bitcoin futures have entered overbought territory, potentially introducing vulnerability for BTC’s near-term outlook. The client note highlights that credit and prediction markets lean toward a Trump win, unlike equities, foreign exchange (FX), and rates markets. The analysts conclude: Where Is BTC Headed? Analysts Share Their Outlook Bitcoin is trading within 2% of reaching a new all-time high (ATH), driving renewed optimism among crypto analysts. For instance, crypto analyst Timothy Peterson recently posited that BTC could surge to as high as $100,000 by February 2025. Meanwhile, crypto options trading data indicates that traders remain confident BTC will hit $80,000 by the end of November 2024, regardless of the election outcome. Veteran trader Peter Brandt, however, has urged caution, advising BTC bulls that a daily close above $76,000 is critical for confirming a true breakout. At the time of writing, BTC is trading at $71,798, down 0.1% in the past 24 hours.

The second-biggest cryptocurrency exchange in the world based on trading volume, Bybit, is pleased to announce the debut of its fully localized platform (bybit.kz) for the Kazakhstan market. Bybit is prepared to provide Kazakhstan users with a customized, secure, and easy trading experience at bybit.kz after receiving complete license from the Astana Financial Services Authority (AFSA). Tailored Trading for Kazakhstan Residents of Kazakhstan may now use Bybit Kazakhstan (bybit.kz), which was created especially to satisfy the demands of the local market. With features tailored to guarantee a seamless user experience for the Kazakhstan crypto community, the platform provides the same top-notch services that are accessible worldwide. Key Features of Bybit Kazakhstan: Simplified Registration Procedure Bybit.kz allows users to create new accounts with ease using their email addresses; this service is only accessible to citizens of Kazakhstan. For a smooth and rapid start to trading, the onboarding procedure is simplified and compliant with regional norms. Diverse Trading Options With the wide variety of cryptocurrency trading services that Bybit Kazakhstan provides, traders of various skill levels may participate in the market with confidence. With the platform’s functionality for spot trading, customers may purchase and sell a range of cryptocurrencies with real-time liquidity. Bybit Kazakhstan offers derivatives trading to more experienced traders, allowing them to trade complex financial instruments including futures and a variety of trading strategies. There is also the option of margin trading, which allows traders to use leverage to increase their holdings and optimize possible gains in both rising and declining markets. Bybit also provides cryptocurrency loans, which let customers borrow against their cryptocurrency holdings for individuals looking for liquidity without having to liquidate their assets. Upcoming Fiat Gateway for Kazakhstan Tenge (KZT) Furthermore, a fiat gateway for Kazakhstan Tenge (KZT) is being introduced by Bybit Kazakhstan in partnership with regional banks. Users will be able to deposit and withdraw money in KZT with ease thanks to this connection. Faster access to money and hassle-free transactions are guaranteed by the collaboration with regional banking institutions, offering increased convenience that is especially suited to Kazakhstan’s financial ecosystem. Localized Customer Support Bybit Kazakhstan ensures that customers may get help in their favorite language by offering specialized support in Kazakh, Russian, and English. Our local support staff is prepared to answer customer questions and fix any problems while abiding by Kazakhstan’s legal requirements. User-Friendly Experience The user experience is the primary focus of the bybit.kz platform’s design. Both novice and experienced traders may easily use the whole range of services thanks to the customized interface, smooth navigation, and straightforward registration procedure. From account setup to sophisticated trading strategies, the platform guarantees a seamless experience. Security and Safety Bybit Kazakhstan maintains the highest security requirements as a platform approved by the AFSA. The platform’s industry-leading security mechanisms guarantee complete protection of user assets and data. Additionally, Bybit provides a secure and law-abiding environment for all users by adhering to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) rules. A New Era for Crypto Traders in Kazakhstan Bybit’s launch of bybit.kz marks an important turning point in the exchange’s ongoing worldwide expansion. The Kazakhstan crypto community will be empowered by this specialized platform’s innovative, safe, and dependable trading services that cater to regional demands. Visit bybit.kz for further details or contact our local support staff for help.