This week has witnessed remarkable growth in the global cryptocurrency market, spearheaded by Bitcoin. Today, the total market capitalization of the cryptocurrency market stands at $2.44 trillion, an increase of 1.61% from the previous day. Most of the digital assets are in the green zone meaning that their prices are rising and the outlook of the market is generally positive. In this latest market frenzy, one storyline is attracting attention and some analysis: while Bitcoin is outperforming the rest and retesting $73,000, Ethereum is struggling to hit its target of $4,000. The diverging performances between the two top digital assets now serve as an interesting sub-plot to an exciting week ahead for the general cryptocurrency industry. Ethereum And Bitcoin- A Contrasting Story Of Market Run As the top two cryptocurrencies by market cap, it’s natural for analysts and observers to take a second look at Ethereum and Bitcoin. While both digital assets have notched some gains, with Bitcoin rising by 1.90% and ETH by 2.59%, they still paint contradicting storylines. As the top crypto, Bitcoin has led the recent market rally, surpassing the psychological $70,000 level and hitting $72,459.92. Last Tuesday, BTC tested the $73k level again, and analysts expect it will record another all-time high soon. In contrast, Ethereum’s run has been sluggish, falling short of expectations. While ETH joined other coins in a mini-rally this week, its current price of $2,687 is still far from the analysts’ target of $4,000. ETH’s Recent Run- What Analysts Are Saying The contrasting price runs and milestones for both top cryptos have attracted some attention. For most analysts, Bitcoin’s recent price performance validates its standing as the current top digital asset. Ethereum’s struggles to hit the elusive $4k have been criticized by some traders and analysts, with many stating that Solana is now “the next Ethereum.” However, a few analysts still defend Ethereum and expect the blockchain to rebound soon. Benjamin Cowen, the founder and CEO of ITC, took to Twitter/X to say that the Ethereum blockchain “is not dying.” In the same post, he shared that he expects ETH/BTC to bottom this quarter and will make a run next year. ETFs Also Show A Similar Storyline In addition to market prices, the spot ETFs market reflects Bitcoin’s overall strength and Ethereum’s recent struggles. According to recent data, Bitcoin ETFs attracted $870.1 million, compared to Ethereum’s spot ETFs’ $7.6 million. While many are excited about Bitcoin’s next price move, some are paying attention to ETH. Ethereum is now on the analysts’ radar, and they are checking whether ETH can benefit from the same market factors pushing Bitcoin higher. Featured image from Pexels, chart from TradingView

Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships. Injective Integrates With Fetch.ai And ASI This week, the proposal by Fetch.ai and the Artificial Superintelligence Alliance (ASI) community to integrate Injective was passed synonymously. The proposal passed with 100% of the votes agreeing with the move. Looking at voting data, over 324 million FET voted to endorse the idea, with only 656 FET rejecting it. No one voted to abstain or veto. Voting started on October 23 and ended five days later on October 28. According to the proposal, the goal is to revive the expired IBC client for Injective under “Revive expired IBC client for Injective.” In this way, Fetch.ai, now part of the ASI Alliance, can harness the power of AI within the sprawling Injective DeFi ecosystem. This arrangement will allow Fech.ai, an AI-centric platform, to directly plug its machine learning and AI capabilities into the Injective platform. Out of this, users will benefit from streamlined and leveraged AI-enabled tools when trading. The team also said they would benefit from improved liquidity management and asset allocation. Even with this deal, Injective and ASI will continue operating independently. The integration isn’t a merger but an Injective tapping into ASI’s AI capabilities. Why Is INJ Down? Bullish as this may be, INJ prices ticked lower, looking at the events in the daily chart. Injective bulls have yet to reverse losses posted on October 25 comprehensively. Accordingly, despite the series of higher highs over the weekend and in the first half of the week, sellers are in control. So far, INJ is down 20% from October highs and continues consolidating inside a $10 zone. Clear resistance is around $25, while support is at $15. If the bulls of Q1 2024 flow back, momentum will likely pick up once buyers break above the $25 level, preferably with increasing engagement. Besides improving crypto sentiment and rising total value locked (TVL) across DeFi, INJ could benefit from Injective’s core feature. The protocol has the highest revenue-to-fully diluted valuation (FDV) ratio, even better than Ethereum. The high metric translates to Injective boasting of an efficient revenue generation mechanism that could further boost prices.

Tokyo, Japan, October 31st, 2024, Chainwire Mawari Network, a spatial computing DePIN (Decentralized Physical Infrastructure Network), has announced a limited node license sale. Already a pioneer in immersive content, the node sale will make Mawari’s 3D streaming technology more scalable and accessible for content creators and developers. This node sale will help create a global, decentralized spatial computing infrastructure as the market for extended reality devices like the Apple Vision Pro, Meta Orion, and Meta Quest 3 is projected to reach more than 100 million units in the next five years. As demand for immersive experiences grows, Mawari is building a network that can grow with it. Mawari’s infrastructure is optimized for the demanding needs of immersive experiences, positioning Mawari as a key actor in the emerging multibillion-dollar spatial computing market. Called “a sleeping lion” by Samsung Next, Mawari is redefining and building the future of spatial computing. Its solution comprises the Spatial Streaming SDK and the Mawari Network. The SDK, supporting the Unity and Unreal engines, empowers developers to create seamless, immersive experiences. The Mawari Network, working in parallel, leverages a globally distributed network of GPU nodes to ensure low latency and optimal performance. The node license sale’s objective is to help scale the network, optimize its global performance, and ensure its resiliency. Mawari has worked with industry leaders, such as Deutsche Telekom, KDDI, Telefonica, Magic Leap, Netflix, Qualcomm, T-Mobile and dozens of other clients. The Solana Foundation recently selected Mawari for a grant, endorsing its roadmap for decentralized spatial computing. Backed by investors including Anfield LTD, Borderless Capital, 1k(x), and Samsung Next, and with veteran DePIN and web3 operator, Sean Carey, a co-founder of Helium, also joining its board, Mawari is the clear category leader. Node Sale Details The node sale is scheduled for Q4 2024, building out the Mawari Network’s ability to perform compute-intensive tasks and efficiently deliver immersive 3D content on a global scale. The Mawari Network will be leveraging specialized GPUs around the world for advanced computation and streaming tasks, but a set of Guardian Nodes are needed to verify their work and the performance of the network overall as it serves multiple simultaneous immersive experiences. The node sale is for licenses to operate these critical Guardian Nodes. More specifically, Guardian Nodes’ responsibilities include assessing critical performance indicators like latency, bandwidth, and content quality to maintain the high standards necessary for immersive, real-time experiences. By monitoring the Mawari network, the community-run Guardian Nodes will make it more performant and more resilient, ensuring it can scale securely as it grows. Details of the node license sale will be announced soon. About Mawari Mawari is setting the standard for decentralized spatial computing and immersive content delivery. The Mawari Network powers real-time streaming of immersive content through a global network of compute nodes. Mawari is optimizing XR for awe, creating unforgettable experiences and revolutionizing how creators engage audiences at scale. Mawari Network built the foundational technologies to power the next generation of interactive media, fully realizing the possibilities of virtual worlds existing seamlessly alongside our physical reality. Its core technology, the Mawari Engine and Spatial Streaming SDK, runs on the Mawari Network — the world’s first and only DePIN (Decentralized Physical Infrastructure Network) that orchestrates storage, bandwidth, and rendering in real-time for spatial computing. Bypassing the rendering limitations of existing mobile devices and content delivery networks, Mawari’s global network of compute nodes has already powered activations from digital fashion shows to concert visualizations. The Mawari Network’s peer-to-peer architecture was purpose-built to scale spatial media streaming requirements with a community-centered ethos. Website: https://mawari.net/ X (Twitter): https://x.com/mawariXR Discord: https://discord.gg/mawari Contact Will Haskins [email protected]

Vilnius, Lithuania, October 31st, 2024, Chainwire Nexo redesigns its innovative solutions for long-term digital wealth building with 24/7 advanced client care on Bitcoin Whitepaper Day. Nexo, a leading digital assets institution, today announced its major rebrand and platform redesign, marking its evolution from a crypto lending pioneer to the first comprehensive and compliant digital assets wealth platform. Unveiled on Bitcoin Whitepaper Day, this step reflects Nexo’s growth and broader strategic vision for empowering forward-thinking investors to grow, preserve, and utilize their wealth. Following 20 months of client research across 5,000 users in 23 countries, Nexo’s revamped platform – with a new logo, website, and enhanced user interface – responds to the growing demand for sophisticated, yet flexible digital asset solutions. This evolution aligns with the needs of those who recognize the power of cryptocurrencies to create long-term value, as Nexo continues on its mission to drive the next generation of wealth. Nexo evolves with the maturing crypto landscape The digital asset landscape has rapidly evolved from a niche to a transformative force in the financial sector, underscored by the approval of Bitcoin spot ETFs. This momentum is reflected in the growing interest in digital assets: 65% of institutional investors are ready to enter the market while 72% of retail investors view digital assets as essential for wealth-building. Nexo has been at the forefront of this evolution. With a robust business model and diverse offerings, Nexo has earned the trust of both retail and institutional investors across more than 200 jurisdictions. Its impressive track record – over $320 billion in processed transactions, $8 billion in crypto credit issued, and $945 million in interest paid out – cements its new direction: shaping the next generation of wealth. A new look for a new era Nexo’s new brand and visual identity reflect its mature, focused direction, namely “Driving the next generation of wealth” – in line with the discerning nature of crypto holders. The revamped identity integrates movement and precision, symbolizing Nexo’s commitment to client prosperity and forward-thinking solutions. Central to the upward-flowing logo pattern are two key concepts: human resilience – represented by a spiral – nods to the perseverance and adaptability inherent in human DNA, and exponential growth – captured by mathematically precise diagonals – shows the boundless opportunities of digital assets. Inspired by the modern, active lifestyle of Nexo’s clients, the new identity blends soft greys and beiges with energetic greens to capture today’s opportunities. Flowing patterns and precise elements convey both flexibility and security, resonating with Nexo’s clientele which demands innovation and reliability in managing their wealth. Platform evolution: a suite for the forward-thinking investor After 20 months of client research, Nexo’s survey of 5,000 users across 23 countries revealed that 67.9% of high-net-worth individuals view digital assets as long-term wealth solutions, while 69% of Bitcoin holders see it as a durable store of value. This reflects a significant shift in how sophisticated investors approach wealth, increasingly favoring digital-first tools and a seamless, omnichannel ecosystem for 24/7 access. Nexo’s 360° product suite aligns perfectly with these demands and offers: Savings Growth: Flexible and fixed-term yield options, including Dual Investment, are accessible 24/7 across all devices. Advanced crypto tools: crypto-backed Credit Lines, 1,500 market pairs, crypto Futures, Target Price Swaps, and advanced analytics enable alternative growth opportunities. Global Access: liquidity and seamless spending options, ensuring access to funds via the Nexo Card. In addition, the Nexo platform empowers its clientele with tiered loyalty rewards and bespoke services for high-net-worth clients with 24/7 client care teams. Looking ahead, Nexo is evolving its suite of digital asset wealth tools with a strong focus on compliance and security systems built for long-term stability. The company continues to pursue strategic partnerships and international expansion, solidifying its position as the world’s leading digital assets wealth platform. For more information about Nexo’s ‘Wealth Forward’ strategy, users can visit https://nexo.com/brand. About Nexo Nexo is a premier digital assets wealth platform empowering clients to grow, manage, and preserve their crypto holdings. Our mission is to drive the next generation of wealth by prioritizing customer prosperity and delivering tailored solutions for building long-term value, supported by 24/7 client care. Since 2018, Nexo has been delivering unmatched opportunities to forward-thinking clients across more than 200 jurisdictions. Our all-in-one platform combines cutting-edge technology with a client-centric approach, offering high yields on flexible and fixed-term savings, crypto-backed loans, advanced trading tools, and liquidity solutions through the first debit/credit crypto card. Backed by deep industry expertise, a sustainable business model, robust infrastructure, security, and global licensing, Nexo champions innovation and long-lasting prosperity. Official website: nexo.com Note: Some of the products and services are unavailable to citizens or residents of certain jurisdictions, including where restrictions may apply. Contact Nexo Communications Team Nexo [email protected]

Robinhood, a popular American financial services company, is finally out of the woods. In its third-quarter filing ending September 30th, 2024, the company disclosed its revenues were up by 165%, and its overall year-to-date (YTD) net deposits increased to $34 million. It’s a promising development for Robinhood Markets this quarter after facing plenty of challenges in the past. The company took a hit in early 2021 after it decided to restrict trading in GameStop and other meme stocks during a market frenzy. In a separate statement, Robinhood shared that it’s inching closer to a settlement with investors and traders. Q3 Filing Is Company’s Second-Best Revenue Despite its challenging backstory and the SEC’s regulatory pressures, Robinhood Markets found its rhythm to post a solid third-quarter performance. The company shared that its net deposits grew to $34 billion, and revenue increased 36% yearly to $367 million, with its cryptocurrency unit leading the surge. In its filing, Robinhood stated that its cryptocurrency revenue increased to $61 million over the quarter or 165%. Market observers expected this growth after the company completed its takeover of Bitstamp, thus pushing its trading volume. Robinhood Surprises With Impressive Growth Robinhood’s growth story impressed many market observers and analysts, given its recent experience with FTX, the ‘meme frenzy,’ and run-ins with the SEC. Last year, the company bought back its shares from Alameda Research for $605 million. At the time of the transaction, many observers expected that Robinhood would avoid cryptocurrency investments. However, the company surprised analysts by making crypto a critical investment through its Robinhood Crypto unit. For its Q3 filing, Robinhood’s Asset Under Custody (AUC) surged by 76% year-over-year to more than $152 billion. The firm reported that its holdings increased due to higher equity, better crypto valuation, and sustained deposits. The company has a portfolio heavy on Bitcoin, and the recent rise in the top crypto bodes well for the firm, which will continue to earn as long as the trend remains bullish for BTC. Robinhood Finally Moving Ahead After Regulatory Pressures Robinhood Markets is finally moving away from the challenges and issues. As mentioned, the company was embroiled in a trading scandal in early 2021 over the hype on GameStop and meme stocks. Last May, the Securities and Exchange Commission (SEC) issued a Wells Notice to the company. The agency argued that some of Robinhood’s cryptocurrency services violate securities laws. Interestingly, the SEC has not filed a case against the company. In the meantime, Robinhood Markets is business as usual. Based on reports, Robinhood has listed several tokens and allowed transfers for assets like SOL. However, access to the service is limited to EU customers. Featured image from Omar Marques/SOPA Images/LightRocket via Getty Images, chart from TradingView

The Dogecoin price now looks like it has established support of around $0.17, having rebounded just below it in the past 24 hours. With the $0.17 price level cleared, the next step is a convincing break above $0.18. Interestingly, technical analysis of the Dogecoin price suggests a strong multi-year resistance level between $0.18 and $0.20. Technical analysis using Elliot waves suggests a break above the resistance levels could open up the path to a peak of $2.4. While this target may seem ambitious, Dogecoin has attracted renewed popularity and recent price gains, which reflect its ability to capture investor interest. This is particularly evident in recent actions by billionaire Elon Musk, who brought Dogecoin into the mainstream conversation. Crypto Analyst Says Dogecoin To $2.4, Elon Musk A Huge Factor Aside from the recent wider increase in crypto prices spearheaded by Bitcoin, it is evident that the current Dogecoin performance has also been bolstered by Elon Musk and his “Department Of Government Efficiency.” According to an analysis by an analyst that goes by @HovWaves on social media platform X, Dogecoin is prime for a surge to $2.4. As you can imagine, reaching this level would require Dogecoin to attract investment inflows from every corner of investor cohorts. Fortunately, recent events have been drawing increased attention to Dogecoin, one of which is the presidential election campaigns in the United States. Campaigns have seen the introduction of the Department of Government Efficiency by Elon Musk, which is a campaign tactic by Republican candidate Donald Trump to cut $2 trillion in federal spending. Although seemingly unrelated to cryptocurrencies, the term has caught waves among Dogecoin investors, especially as it abbreviates as DOGE, the Dogecoin ticker. Interestingly, Elon Musk has fueled this narrative among Dogecoin investors by recently posting a picture of him alongside the Dogecoin avatar. As HovWaves noted, all the talk surrounding the Department Of Government Efficiency has made DOGE a household name in recent weeks. This surge in interest is reflected in the Dogecoin price, which has increased by 60% since October 1. Dogecoin’s Timeline To Reaching $2.4 According to technical analysis using the Elliot Wave theory, Dogecoin is currently on the third impulse wave, a phase known to be massively bullish. This bullish trend has seen Dogecoin on its way to breaking above a major resistance level, which HovWaves highlighted to be just below $0.18. A successful breakout of the resistance level would open up the stage for Dogecoin to retest its 2024 high of $0.22. A subsequent break above this high would send it towards its all-time high of $0.73 in May 2021. With enough momentum, HovWaves predicted Dogecoin would eventually settle at a price target in the $1.9 to $2.9 confluence area by July 2025. At the time of writing, Dogecoin is trading at $0.1725. A break towards $1.9 and $2.9 would reflect 1,000% and 1,585% gains, respectively.

Dogwifhat (WIF) has emerged as one of this cycle’s standout meme coins, and a major move might be imminent. WIF is trading just above $2.5, a key support level that top analyst and investor Ali Martinez believes could be a launchpad for a 17% surge to the $3 mark. Martinez shared a technical analysis highlighting WIF’s strong base above $2.5, signaling that bullish momentum is building for the token. As WIF holds above this crucial level, investor optimism and trading volume are rising, suggesting that both short-term and long-term holders are preparing for another leg up. The next few days—or even hours—could be decisive, as WIF sits at a pivotal point that could set the stage for significant gains. With interest in meme coins surging and market sentiment favoring breakout plays, Dogwifhat is on track to test the $3 mark soon. If WIF breaks through, it may continue to draw more interest as one of the leading tokens in this meme coin cycle. Dogwifhat Holding Above Key Support Level Dogwifhat (WIF) has remained in a consolidation phase after reaching a local high of $2.97, now stabilizing above a crucial support level at $2.5. According to top analyst Ali Martinez, this consolidation period could set the stage for a breakout. Martinez shared a technical analysis on X highlighting a bullish pattern forming on WIF’s 1-hour timeframe, suggesting that the token may soon be ready to push higher. Martinez’s analysis indicates that WIF’s resistance level within this bullish pattern sits around $2.6. Should WIF break above this key resistance, a surge to the $3 mark is anticipated, which could spark renewed interest in the token. As meme coin traders know, FOMO (fear of missing out) can drive demand rapidly, especially for tokens with strong online communities and viral appeal. A move above $3 could position Dogwifhat as a top contender among this cycle’s meme coins, potentially leading to increased trading volume and broader market interest. However, broader market conditions, particularly Bitcoin’s price action, will play a crucial role in determining whether WIF and other meme coins continue their uptrend. Many traders and analysts are watching Bitcoin closely, as a push above its all-time high could catalyze a rally across the entire market. If BTC breaks into new highs, the resulting optimism and influx of capital could serve as the final push that Dogwifhat needs to leap to the $3 mark and beyond. Until then, WIF remains in a holding pattern, with its potential for a breakout hinging on technical triggers and broader market sentiment. WIF Technical Levels To Watch Dogwifhat (WIF) trades at $2.56, breaking above the 4-hour 200 moving average (MA) set at $2.49. This move above the 200 MA signals bullish momentum, and WIF firmly holds the $2.52 level. Previously a resistance, this $2.52 mark supports the token’s uptrend. For WIF bulls to build further momentum, the price must push past the $2.7 mark, potentially paving the way for a run to local highs around $3. Breaking through these levels could attract renewed buying interest, especially as the market anticipates broader upward movements in leading assets. However, should WIF fail to maintain its position above the $2.5 mark, it may face a pullback, with support likely in a lower demand zone around $2.41. This consolidation period and test of new support levels could ultimately strengthen the foundation for a sustained uptrend. For now, the $2.5 support remains critical as bulls look to gather strength for a possible push higher. Featured image from Dall-E, chart from TradingView

Dubai, UAE, October 31st, 2024, Chainwire Doge2014 announced an upcoming 50% token burn to take place immediately following the end of its presale. The event will significantly reduce the overall supply of Doge2014 tokens, aligning with the project’s objective of establishing a robust token economy and fostering sustained engagement within its ecosystem. The presale, currently offering tokens at introductory prices, has already seen a response from early participants raising over 600K. The planned burn event will permanently remove half of the total supply from circulation, potentially impacting the supply-demand dynamics for Doge2014’s token. During the presale, tokens are available for as low as $0.00013, with the initial post-burn launch price set at $0.000348. VIP Status Offers Added Benefits for Token Holders To encourage broader participation, Doge2014 offers a VIP tier for presale participants that invest $1000 or more. VIP contributors receive incremental bonuses and benefits based on their presale tier. For example: Contributions of $1,000+ receive a 60% bonus, totaling over 4.6 million tokens at an effective rate of $0.00021. Contributions of $5,000+ qualify for a 100% bonus, resulting in over 29 million tokens at $0.00016. Contributions of $10,000+ secure a 150% bonus, with a cost-effective rate of $0.00013 and an allocation of more than 73 million tokens. Additionally, VIP participants are eligible for bonus DOGE airdrops and have a chance to win cash prizes ranging from $500 to $5,000 for every $100,000 raised during the presale period. These VIP benefits underscore Doge2014’s goal of providing exclusive options for supporters ahead of the token burn event. Bonus Options Available to All Presale Participants All presale participants are eligible for bonus allocations, ranging from 20% to 150% based on their level of participation. These bonuses enable participants to increase their holdings ahead of the burn event, positioning them to benefit from Doge2014’s strategic initiatives and community-building goals. As the presale approaches its final stages, Doge2014 encourages prospective participants to review the available options before the token burn reduces the total supply. To learn more, users can visit the Doge2014 website and review the project’s detailed presale and post-burn plans. About Doge2024 Doge2014 is an ERC20 Ethereum based token designed to celebrate ten years of Dogecoin and offers DOGE fans and meme coin enthusiasts the opportunity to buy DOGE2014 at the same price Dogecoin was when it first launched. The presale offers big rewards and an airdrop event. Contact Marketing Director Lawrence Oakland Doge2014 [email protected]

io.net, the premier decentralized physical infrastructure network (dePIN) for GPU clusters, has announced a comprehensive strategic collaboration with GAIB, the economic layer for the AI and computing future. Through the agreement, the two parties will pledge to further their common goal of democratizing access to GPU computing resources. The enlarged relationship will include a number of projects aimed at promoting innovation and enhancing accessibility to GPU computing, building on GAIB’s longstanding position as a major GPU provider to io.net’s decentralized distributed compute network. The organizations will pay special attention to business growth potential, technological integration, community involvement, and strategic marketing. Tausif Ahmed, VP of Business Development at io.net stated: In addition to working together on technological and product synergies such as compute tokenization, cooperative marketing campaigns, and community engagement efforts, the collaboration will investigate a number of shared interests. In addition, there will be collaborative user onboarding campaigns, technological assessments, and concerted business development initiatives to find and seize new market possibilities. Kony Kwong, CEO of GAIB stated: To guarantee the effective completion of the aforementioned projects, both businesses will make use of their unique resources and areas of competence. Detailed technical assessments, deployment planning, and planned public relations efforts are examples of early actions that have not yet been proven. The partnership represents a major advancement in the efficiency and accessibility of high-performance GPU computing for developers and enterprises, opening up new avenues for GPU owners to profit from their assets.

Rexas Finance, known for its emphasis on Real World Assets (RWA) tokenization has created a sufficient buzz around it representing a very special player in the blockchain domain. Investor sentiment for the long term is evident as RXS has already raised $5,000,000 from a presale of $0.06 per token. Other Shiba Inu supporters have been watching, and are predicting a huge rally for the token, potentially up to 12,644% gains as it aims for a $0.08 price point in the months ahead. Shiba Inu Millionaire Predicts a 12,644% Increase in RXS Price Rexas Finance has been catching the attention of high-profile investors, unlike Shiba Inu community members. Rexas Finance is not necessarily the worst thing to come out of the Binance Smart Chain; some Shiba Inu holders are getting behind it and are even calling it the “SHIB Killer” already, awaiting a sharp rise in its price. According to analysts, the presale price of $0.06 would at least see RXS reach $0.08 but others believe the returns that could be realized with the next bull run could be as high as 12,644%, both ways are very positive. Indeed, the crypto market is waking up to building projects that add practical value and this optimism arrives at a crucial time. Previously, we have seen Rexas Finance enjoy strong presale performance and focus on tokenizing tangible assets, making the token bullish sentiment. With RXS growing as a platform, more investors will be interested in spots that are not just speculative trading. Rexas Finance: Transforming Asset Management through Blockchain Rexas Finance intends to bring real-world assets onto the blockchain. Contrary to other cryptos being widely associated with market speculation, Rexas Finance aims to tokenize physical assets: real estate, artwork, and commodities. This makes asset management more accessible to individual investors and businesses to trade or manage asset-backed tokens easily. However, the platform tries to simplify the process of asset tokenization with the aim that users who are not tech-savvy face no barriers when trying to do so. With Rexas Finance, anyone can make such tokens and trade them without increasing transaction costs or improving transparency. In that position, the platform found itself in an evolving market where players were looking to connect traditional finance to blockchain technology. Tokenizing Real Assets: A Growing Market with High Potential Blockchain is emerging as a trend of tokenization of real-world assets. With Rexas Finance, physical assets can be brought into the blockchain, opening up active participation for more investors by bringing fractional ownership to a wider set of high-value items. Tokenized assets can be better tracked, bought, and sold, which could bring some efficiency to traditional asset management. Rexas Finance is a flexible infrastructure that is eligible for numerous types of assets, which makes it appealing to both individuals and businesses. This versatility meets real market needs and sets it apart from the speculative interest-blinding projects that we see these days. Rexas Finance may be microfinance based on the growing demand in the asset tokenization market. Website: https://rexas.com Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

San Francisco, USA, October 31st, 2024, Chainwire Tony Vejseli, Figure Markets Holdings Inc., and GXD Labs, LLC (collectively “the Group”) today issued a statement to address recent developments following a meeting held on October 28 at White & Case’s Midtown Manhattan offices, where the Group met with the board of directors (the “Board”) and management team of Ionic Digital, Inc. (the “Company” or “Ionic”). The Group thanked White & Case for hosting the discussion but noted a need for clarification following the Company’s summary of the meeting in a press release, which they believe misrepresented several key points. In response to Ionic’s statement regarding its affirmation of “strong momentum” and its “laser-focus” on implementing its strategic initiatives, the Group raised concerns over the Board’s apparent lack of knowledge of core operating metrics. They highlighted that the Board appeared unprepared to discuss any aspects of its financial or operational performance, including by answering any of Mr. Vejseli’s questions as described in his post on X, leading to questions about the Company’s competitive position and valuation. The Group also expressed skepticism about Ionic’s ability to complete its audit, initially expected in early 2024 and now anticipated by Q1 2025 according to the Company, within the announced timeframe due to the apparent lack of available financial information, including the Company’s EBITDA and expenses. The Group indicated that alternative liquidity options for shareholders were discussed, yet they felt these options had not been fully explored or evaluated by the Board. The Group also raised concerns over Ionic’s contract with Hut 8, noting that, although it had presented a proposed solution, no alternative path forward was discussed by the Board or management. During the meeting, the Group outlined a proposed plan for refreshment of the Board, specifically suggesting the resignation of three current board members—Scott Duffy, Tom DiFiore, and Emmanuel Aidoo – to be replaced by three new, independent directors with the requisite experience and skill sets. The proposal, supported by a detailed presentation, emphasized the need for strategic and experienced leadership to better align the company’s actions with shareholder interests. Shareholders are encouraged to review the proposal and consider supporting a special meeting to vote on board changes. About Figure Markets Figure Markets is democratizing finance through blockchain. We’re building the exchange for everything – a decentralized custody marketplace for crypto, stocks, bonds, credit and more. We’re bringing best-in-class leverage, margining, and liquidity to our exchange, while offering our members extensive borrowing options and unique investment opportunities. Figure Markets puts our members in control of their assets and data, disintermediating legacy brokers, exchanges and lenders. Figure Markets is backed by leading venture capital firms and strategic partners, including Jump Crypto, Pantera, Distributed Global, Faction Lightspeed, NewForm Capital and CMT Digital. Figure Markets was founded by a seasoned team of entrepreneurs and operators from TradFi, fintech, and DeFi, including Mike Cagney and June Ou. Users can learn more at www.figuremarkets.com. Contact Director, Marketing Paula Machado Jackler Figure Markets [email protected]

FXGuys ($FXG), the newest DeFi token in the market, has attracted analysts and investors with its promising bullish trend in the rapidly growing market. With its innovative features and components, FX Guys has become a lucrative investment due to its massive growth potential. Although Sui (SUI) and Goatseus Maximus (GOAT) show impressive growth trajectory for the coming bull market, investors are buying $FXG aggressively as the DeFi Coin looks to surge above $1 after listing in mainstream markets. >>>BUY $FXG TOKENS HERE<<<< FX Guys: The New DeFi Token Empowering Traders with High-Yield Staking FX Guys is the latest DeFi token dominating the crypto market. The relatively new project is breaking boundaries and setting standards within the market with its decentralized platform empowering traders via its trader funding program. On that note, FX Guys offers skilled investors up to $500,000 in trading capital to explore opportunities otherwise available for the whales. The trader funding program also has an 80/20 profit-sharing model in favor of the traders. Another notable aspect that makes FX Guys attractive is its staking feature, which allows the $FXG token holders to earn passive income. Staking is highly popular in the crypto space since it lets investors generate income from their holdings without participating actively in the market. Through staking, investors earn $FXG rewards and support the network’s stability and security. FX Guys also attracts SUI and GOAT investors due to its promise of a 20% yearly trading volume profit. In the highly competitive and active forex sector, this amount of profit stands out, which has helped attract all investors seeking to increase their profits. The high return potential that leverages market volatility using a risk-managed concept boosts trust in the FX Guys crypto-forex platform. SUI Emerges as the DeFi Coin Dominating Altcoin Market with Strong Inflows The crypto market has been bullish recently, with Bitcoin (BTC) inching closer to its all-time high. Following that trend, SUI has dominated the altcoin space, rallying over 25% in three days, reaching highs of $2.21. This remarkable uptrend for SUI is supported by significant inflows, which solidify its position as a top altcoin to watch. According to Artemis data, SUI recorded the highest inflow among major chains on October 29, 2024, reaching $24.6 million. In addition to the strong inflows, SUI’s technical chart published by crypto analyst Cryptclay indicates a bullish “Cup and Handle” pattern, a formation that highlights the potential for more upside momentum. Following the most recent rally, SUI retested the pattern’s neckline, boosting the bullish sentiment. On October 30, SUI was trading at $2.06, up 6.03% in the past week. Experts say SUI will rise to $2.24 in the first week of November, supported by increased demand for the coin. Despite the expected growth in the Sui market, investors are also buying a new DeFi token, $FXG, which has a massive growth potential. >>>BUY $FXG TOKENS HERE<<<< Goatseus Maximus’ Whale Activity Signal Potential Recovery Ahead Goatseus Maximus, the latest crypto dominating the meme coin market, started experiencing significant drops on October 27, 2024, causing changing sentiments. The recent impressive rally of GOAT hit a roadblock, resulting in a 32% drop from its peak of $0.8837. For the first time in weeks, sentiment indicators dropped below neutral territory, meaning the bears are dominating the Goatseus Maximus space. Furthermore, GOAT’s funding rate remains above zero, but its slow drop amidst a growing open interest indicates that traders are hedging their positions through short contracts. Remarkably, crypto whales are attracted to Goatseus Maximus due to a recent investment that saw an investor allocate $2.41 million worth of SOL to buy 4.5 million GOAT tokens. The huge investment resulted in a price of over 700% in the past month to trade near $0.8671. Most market indicators show investor interest and market participation are growing. On October 30, GOAT was trading at $0.6605, up 38.29% in the past week. Analysts expect GOAT to rise to $0.8115 in the first week of November, supported by increased whale demand. Although GOAT is expected to surge significantly, FX Guys offers better profit margins, making it a good crypto to buy. >>>BUY $FXG TOKENS HERE<<<< $FXG’s Potential for Massive Gains Makes it a Good Crypto to Buy FXGuys ($FXG) stands out in the DeFi sector with its exclusive approach to empowering traders via its funding program, high-yield staking options, and impressive growth potential. As Sui (SUI) and Goatseus Maximus (GOAT) highlight promising bullish trends, the FX Guys platform emerges as a remarkable alternative, attracting investors looking for huge returns. Currently, in Stage 1 of its presale, $FXG is trading at $0.03 and will gain 33% to trade at $0.04 when it transitions to Stage 2 of the presale. Furthermore, the current investors will receive a 233% ROI at the end of the presale when $FXG rises to $0.10 upon listing on mainstream markets. With its presale performance hinting at a massive growth potential that may push it above $1 after listing on mainstream markets, FX Guys is carving a strong niche in the crypto space. Thus, $FXG is the DeFi coin to watch since it offers immediate and long-term profit opportunities for all investors. 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.

The chances for spectacular expansion are sometimes brief and discriminating investors are in search of interesting substitutes for more established coins. Although Solana (SOL) has attracted a lot of interest for its outstanding features, a smart crypto trader has highlighted a less expensive substitute—Rexas Finance (RXS)—which he thinks might reach an incredible $19 by 2025. Rexas Finance, trading barely under $0.10, is positioned to provide significant gains as compared to the ever-pricey Solana. Solana’s Present Situation Solana is a blockchain network that is constantly accruing fanfare for its fast transactions at low costs. The native cryptocurrency, Solana, enables users to save tSolaO apps (short for distributed apps) and DeFi instances as it can support thousands of transactions per second through a hybrid of Proof of History and Proof of Stake. This scalability ensures that the network will satisfy increasing levels of demand without becoming congested, thereby furthering its significance in the blockchain space.SOL lately has good momentum, ranging between $153.50 and $174.52, and is now above the 100-day simple moving average (SMA) of $158.09. Indicating possible upward movement, the Relative Strength Index (RSI) at 56.88 points to opportunity for development before reaching overbought levels. Should SOL surpass the resistance level at $181.71, it might aim at $202.73, thereby reflecting a possible 16% increase. Solana seems in a good position to profit from a positive market with increases of 13.63% over the past month and 12.79% during the previous week. Notwithstanding its accomplishment, the crypto trader wonders if SOL can maintain these price levels for the best investment returns. Rexas Finance (RXS): A Potential Substitute Now enter Rexas Finance, a project reinventing asset management by allowing almost any real-world asset—from real estate and art to commodities and intellectual property—to be tokenized. Investors using Rexas Finance enter a world where investment possibilities and asset liquidity are almost endless. This creative platform is going to transform the investing scene and increase inclusiveness, openness, and efficiency.Rexas Finance is in the middle of its presale right now; Stage 4 sells at $0.060 per RXS coin. With $4,249,775 raised out of the intended $5,450,000, this stage is already 81.81% filled. Selling 89,996,235 tokens and with a next-stage price of $0.070, the window of opportunity is rapidly closing. Projected by analysts as a $0.20 listing price, this offers investors who grab this opportunity over 233% returns.The Rexas Millionaire Giveaway adds to the buzz around Rexas Finance. Twenty lucky winners of this program have the opportunity to individually receive RXS tokens valued at $50,000. Rexas Finance increases community involvement and drive among possible investors by rewarding participation in the presale.Investors who want to join must send their ERC20 wallet addresses and finish particular activities to increase involvement. Referrals allow for extra entries, thereby building a gripping story that motivates additional people to join the Rexas Finance ecosystem. Many are willing to fund this developing initiative because of the possibility of large profits and the potential to earn precious tokens. Projected Gains: RXS Against SOL By the end of 2025, the crypto trader projects Rexas Finance might soar to $19. We can figure out the possible gains by computing the percentage rise from $0.06 to $19. The return on investment for this rise is shockingly 31,667%. Should RXS reach the $19 threshold, someone who invests $100 at the current presale price would have $31,767.On the other hand, although Solana’s present trading price is outstanding, at this point there seems minimal possibility for comparable exponential expansion. If SOL at $158 were to rise to $202.73, the return would be somewhat meager—about 28%—a far cry from what Rexas Finance could provide. In summary Although Solana (SOL) is a strong participant in the crypto market, its present price range could not yield the best returns that investors want. For those wishing to profit from the growing asset tokenization trend, Rexas Finance (RXS) offers a special chance instead. Rexas Finance is a shockingly low alternative with its potential to reach $19 by 2025, which appeals more to smart investors trying to maximize their earnings in the always-changing cryptocurrency scene. It would be interesting to observe how these two initiatives compete and which will provide the best value to investors in the next few years as the crypto market develops. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

Suilend, a DeFi lending and borrowing platform, has announced the launch of SpringSui, a new standard for liquid staking tokens (LSTs) on the Sui network. The introduction of Spring SUI (sSUI), the first LST under this new framework, is part of this standard. More Web3 users will be able to engage in staking thanks to sSUI, which will also expand the Sui network’s liquidity and yield-generating possibilities. The protocol-level upgrades SIP-31 and SIP-33, which establish a new token standard intended to speed up the expansion of LSTs on Sui, are the foundation for SpringSui. Suilend created sSUI, the first token used with this framework, to showcase the potential of SIP-33. Users who stake SUI using sSUI may utilize the LST that represents their staked assets on Suilend and other DeFi platforms. sSUI increases yield-generating possibilities on the Sui network while democratizing access to SUI staking. Although it has been slower to gain traction on Sui, where just 1.18% of native tokens are staked in LSTs, compared to 6.6% on Solana and 41% on Ethereum, liquid staking has grown to be a significant industry on Proof of Stake (PoS) networks like Ethereum and Solana. Rooter, founder of Suilend, shared his vision: Sam Blackshear, CTO of Mysten Labs, commented: Through its instant unstaking feature, SIP-33 mitigates the dangers of depegging, hence improving the security of LST-backed collateral. Emma Zhong, Software Engineer at Mysten Labs, commented: Industry leaders are paying attention since SpringSui’s release represents a significant advancement for the Sui ecosystem. Kevin, Co-Founder and CTO of Aftermath Finance, shared his excitement: BL, Co-founder and CTO of Studio Mirai, added: The framework is open-sourced and accessible to all Sui developers in an effort to hasten the adoption of the SpringSui Standard and encourage liquid-staking on Sui. The SpringSui Standard, developed by 0xripleys, a member of the Suilend team who also developed SIP-31 and SIP-33, will be advantageous to the Sui ecosystem as a whole. Prominent LST provider Aftermath has already pledged to include the SpringSui standard within their line of products. LST adoption is emphasized as a primary aim in Suilend’s roadmap, and the release of SpringSui marks a significant advancement toward that objective. Suilend will provide a new platform that enables anybody to create and oversee their own LST in order to further this endeavor. The ability for LST operators to choose their own fees will promote a flexible and adaptable strategy for LST deployment on Sui. Suilend is improving its DeFi services with SpringSui, giving users more options to generate yield on Sui, and enticing other developers to provide creative LST solutions that will permit unrestricted liquidity movement across the network.

Singapore, Singapore, October 31st, 2024, Chainwire Foresight Ventures, the leading global crypto venture capital firm has announced its role as a key partner in the Neo X Grind Hackathon. Co-hosted with Neo, along with Bitget, IOSG Kickstarter, and Web3Labs, the event offers an impressive prize pool of over $22 million, positioning it as one of the largest hackathons in the Web3 space. The Neo X Grind Hackathon highlights Foresight Ventures’ mission to foster innovation, support groundbreaking ideas, and drive crypto adoption worldwide. The hackathon, which will take place on Neo’s EVM-compatible sidechain Neo X, is set to attract talented developers and visionary entrepreneurs from around the globe. Participants will compete in various tracks, including Artificial Intelligence (AI), Decentralized Physical Infrastructure Networks (DePIN), Infrastructure, Decentralized Finance (DeFi), SocialFi, Real World Assets (RWA), Gaming, and meme-related infrastructure. In addition to the $70,000 prize pool, top projects will gain access to a range of funding opportunities, including Foresight Ventures’ incubation support, potential investments, and fast-track listing on Bitget. With a commitment to empowering high potential projects, Foresight Ventures brings extensive experience in supporting and developing disruptive innovation in the blockchain industry. The firm’s track record in supporting Web3 projects, combined with its unique, aggressive, and skin-in-the-game strategy, the VC has cemented itself as a leader in blockchain investments. The Neo X Grind Hackathon represents the latest chapter in Foresight Ventures’ dedication to identifying and nurturing the most promising projects bound to shape the future of decentralized technology. Foresight Ventures has a long-standing history of supporting hackathons, leveraging these platforms as fertile ground for discovering new ideas and accelerating crypto adoption. The timing of the Neo X Grind Hackathon aligns seamlessly with the accelerating growth of Layer-1 and Layer-2 blockchain ecosystems, which have witnessed a surge in user engagement in recent months. Building on Foresight Ventures’ recent strategic investments in Aptos, TON, and Morph, this hackathon collaboration is designed to inspire projects that contribute meaningful advancements to these burgeoning ecosystems and propel the next wave of global crypto adoption. The hackathon also includes valuable mentorship from industry leaders and provides access to fast-track listings on major exchanges, offering developers a unique chance to bring their projects directly to the market. In partnership with Neo, Foresight Ventures will actively support and guide participants through the incubation and development stages, helping turn visionary ideas into sustainable projects. With Neo X’s dBFT consensus mechanism and EVM compatibility, the hackathon offers a fair and efficient environment for developers to build, test, and deploy their Web3 solutions. The combination of Neo X’s advanced infrastructure and Foresight Ventures’ strategic support presents an unprecedented opportunity for Web3 builders to make a significant impact on the future of decentralized finance and beyond. Through the Neo X Grind Hackathon, Foresight Ventures is advancing blockchain technology and fostering innovation in the Web3 sector. As Foresight Ventures looks toward the next few decades, the firm is committed to backing projects that not only drive financial returns but also contribute meaningfully to the adoption and growth of blockchain technology on a global scale. For more information on the Neo X Grind Hackathon and participation details, please visit Neo X Grind Hackathon. About Foresight Ventures Foresight Ventures is the leading global crypto venture capital firm, managing over $400 million in assets across 150+ investments. With a research-driven approach, Foresight Ventures bridges Eastern and Western markets, focusing on early-stage opportunities in Web3. Its diverse portfolio spans blockchain infrastructure, AI and consumer applications with investments in top companies like Bitget Wallet, Aptos, TON and Morph. Through its premier owned media network, including The Block, Foresight News, Coinness and BlockTempo, the firm provides exposure to transformative technologies that shape the future of financial ecosystems. Foresight Ventures backs the boldest upcoming innovations, encouraging concepts that challenge conventional platforms with real-life use cases built on emerging technologies. Dedicated to accelerating crypto adoption for billions of people worldwide, Foresight Ventures breaks down barriers empowering global financial freedom and inclusion to all. Contact PR team Foresight Ventures [email protected]

Institutional traders are betting that Bitcoin will surge to $79,300 by the end of November. This bullish sentiment is evident in recent trading activities on the Chicago Mercantile Exchange (CME), where Bitcoin options have experienced some of their highest trading volumes ahead of the US presidential election. Bitcoin To Rise Above $79,300? Joshua Lim, co-founder of Arbelos Markets—a trading firm providing liquidity across cryptocurrency derivatives markets—shared insights on X about these notable trades. “CME Bitcoin options just experienced some of its largest volume days ever, ahead of the US election,” Lim stated. He highlighted two substantial transactions that occurred in the past week. On Friday the 25th, traders purchased 1,875 Bitcoin units of the 29-November $70,000 strike calls. In options trading, a call option gives the buyer the right, but not the obligation, to purchase an asset at a specified strike price before the option expires. In this case, the strike price is $70,000, meaning the buyers are betting that Bitcoin will exceed this price by the end of November. Lim detailed that at the time of the trade, “$8.3 million of premium was paid, $147,000 of vega, $65 million of delta.” Then, on Tuesday the 29th, another significant trade occurred with the purchase of 3,050 Bitcoin units of the 29-November $85,000 strike calls, where the strike price is $85,000. Lim noted that “$4.6 million of premium was paid, $173,000 of vega, $42 million of delta” at the time of the trade. The amounts of $8.3 million and $4.6 million indicate substantial investment, reflecting strong confidence in Bitcoin’s potential rise. The high vega suggests that the traders expect significant volatility, which could be massive around the US election. Delta represents how much the option’s price is expected to change with a $1 change in the price of the underlying asset. High delta values of $65 million and $42 million imply substantial exposure to Bitcoin’s price movements. The total notional value of these positions—the total value of the underlying assets represented by the options—is approximately $350 million. Lim pointed out that this is “large even in the context of Deribit,” referring to the world’s largest crypto options exchange. The breakeven point for these positions is just below $79,300. This means that for the traders to start making a profit, Bitcoin’s price needs to exceed this level by the option’s expiry date. This price represents about a 16% increase from Bitcoin’s price when these trades were executed. “Very bullish positioning into the election, and great to see institutions sizing up like this on CME,” Lim commented. He added, “Perhaps a good sign that there is and will be growing liquidity in the crypto derivatives markets as the asset class matures.” The timing of these trades is particularly noteworthy. With the US presidential election imminent, market volatility is expected to increase, potentially impacting the entire Bitcoin and crypto market. Overall, the majority of experts believe that a Trump victory is bullish for the BTC price. At press time, BTC traded at $72,382.

Victoria, Seychelles, October 31st, 2024, Chainwire Bitget the leading crypto exchange and Web3 company has been selected as a finalist in the Digital Currency Exchange (DCE) of the Year category at Australia’s 2024 Blockies Awards. Only 12 finalists were announced for this competitive category among more than 400 registered crypto exchanges in Australia’s $552 million DCE market. The Blockies Awards, officially known as the Australian Blockchain Industry Awards, is an annual event celebrating achievements in blockchain and digital technology across Australia. It was established by Blockchain Australia and the Digital Economy Council of Australia (DECA) to recognize individuals, startups, and organizations contributing to blockchain adoption. The Digital Currency Exchange of the Year award recognizes platforms that prioritize seamless transactions, security, compliance, and community engagement. Winners and shortlists are selected based on major developments in user experience and security standards. Bitget has achieved several feats over the past year within this criteria to address the expanding needs of Australia’s crypto market. The exchange currently offers over 1,000 trading pairs across spot, futures, and margin trading options in Australia. It also provides a $300+ million protection fund to safeguard users in the case of any unforeseen threats and security breaches. Bitget further maintains a high proof-of-reserves ratio to ensure that the platform is able to serve the market even during major liquidations. These high-standard security features demonstrate a strong commitment to user safety – a primary reason why the exchange was shortlisted in this category. In terms of user experience, Bitget has emphasized its focus on both newcomers and advanced traders in the Australian market, making sure that there are tangible trading options for everyone. The exchange offers a range of advanced trading tools, such as risk management features and round-the-clock customer support in multiple languages. It also has a Pre-Market Trading Platform, where users can gain early access to new popular tokens and projects before public listing. The platform is also making crypto trading simple for the continent’s growing userbase through its signature copy trading feature. Bitget currently has over 180,000 elite traders with 800,000+ followers on its copy trading platform. Beyond its business operations, Bitget has made key contributions to increasing blockchain literacy across the market. The platform has launched exclusive blockchain educational projects like the Bitget Academy, Blockchain4Her, and Blockchain4Youth, with substantial investments in lectures and scholarships. These programs issued over 2,000 certificates and facilitated on-campus learning at over 50 universities. All of these developments have driven Bitget to be one of the key contenders in the Digital Currency Exchange of the Year category. The award is set to take place in Sydney on the 21st of November, where the final winner will be announced. The exchange’s operations have excelled globally throughout the year. As of October 2024, the exchange is serving a whopping of 45 million user base from 150+ countries and regions, with an average daily trading volume of $10 billion, and Bitget also ranked globally the 4th largest crypto exchange by Market Share. About The Blockies The Digital Economy Council of Australia warmly invites crypto and blockchain enthusiasts to the most prestigious night in the Australian Blockchain calendar. Hundreds of industry professionals from the Australian blockchain, digital assets, and Web3 industry will convene on Thursday, November 21st, 2024, at the stunning Watersedge overlooking the Sydney Opera House. This illustrious evening recognizes the exceptional achievements in the blockchain industry and creates a grand platform for networking. There will be plenty of collaboration opportunities between community members, entrepreneurs, and industry leaders to celebrate the transformative impact of blockchain technology on shaping Australia’s digital future. About Bitget Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features, including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact PR team Bitget [email protected]

A solution that smoothly combines many AWS services is at the center of this optimization endeavor. Simplifying user KYC procedures and using generative AI to automatically resolve customer complaints are the two main goals. Impressive results have already been obtained from the deployment of a GenAI-powered KYC process solution. Today, Binance, the world’s leading blockchain ecosystem, driving the world’s largest crypto exchange by trading volume and users, announced that it will use Amazon Web Services (AWS) to enhance customer support, internal automated system diagnosis, and troubleshooting on Binance. By using AWS, Binance integrates blockchain technology and cloud computing services into its business and operations with the goal of accelerating blockchain breakthroughs and promoting digital transformation. With more than 237 million registered users and a steadily increasing daily user base, Binance runs a sophisticated, high-volume platform. A consistent user experience is crucial, especially for the seamless onboarding of new users and the prompt resolution of any problems. Cutting-edge solutions developed using AWS’s generative AI and cloud technologies are being implemented by Binance. Simplifying user KYC procedures and using generative AI to automatically resolve customer complaints are the two main goals of this initiative for its trading platform. A solution that smoothly combines many AWS services is at the center of this optimization endeavor. The AI backbone of Binance is Amazon Bedrock, a fully managed service that provides simple access to top foundation models and a wide range of features for developing GenAI applications. Binance’s GenAI applications are deployed as scalable and effective containerized services on AWS using Amazon ECS, a fully managed container orchestration service. Impressive results have already been obtained from the deployment of a GenAI-powered KYC process solution that expedites World-Check reviews, conducts quality checks on Proof of Address (POA) documents, and autofills user information. Binance has enhanced the rate of user information recognition to 95 percent, cut the time spent on manual World-Check case reviews by 30 percent, decreased the cost of optical character recognition (OCR) by 80 percent, and raised the PoA approval rate in 107 countries by 6 percent. Furthermore, the integration of Amazon Bedrock with Binance’s GenAI-powered chatbot has yielded encouraging first outcomes. Binance has improved Bot FCR (First Call Resolution) by 5% across user scenarios that employ GenAI apps by answering user questions and producing high-quality responses during interactions. Rohit Wad, Chief Technology Officer at Binance stated: Building on this achievement, Binance intends to employ AWS’s cloud services and generative AI capabilities in a number of areas, including risk management, compliance, and customer care. Through the use of AWS, this initiative will increase Binance’s generative AI footprint while fostering innovation and improving operational effectiveness. Arni Raghvender, Director of Cloud and AI Innovation at AWS stated: For the second year in a row, AWS has been the exclusive cloud provider and sponsor of Binance Blockchain Week, the company’s annual premier event that brings together developers, enthusiasts, and experts in the industry to discuss the newest developments in blockchain technology.

A crypto analyst has forecasted a 98% Bitcoin price crash following a substantial rally to $250,000. Interestingly, the analyst is confident that Bitcoin will eventually reach this ambitious quarter-million-dollar target. However, they caution that once profits are taken at this top, Bitcoin could decline significantly to new lows. Bitcoin Price Projected To Crash 98% On October 30, crypto analyst Gert van Lagen told his 106,700 followers on X (formerly Twitter) that the Bitcoin price could drop to the $24,000 range once it hits $250,000. Lagen revealed that many investors have felt overly confident that Bitcoin could never experience a 98% crash again, especially with the introduction of Spot Bitcoin Exchange Traded Funds (ETFs). Countering this overconfidence, the crypto analyst asserted that ETF assets tend to lose significant value during periods of economic recession. Consequently the analyst predicts that the Bitcoin price could first experience a “blowoff” of up to $250,000, marking a historical milestone. At this point, many investors would start taking profits, triggering massive selling pressure as they liquidate ahead of potential price declines. Following Lagen’s analysis, once the market sentiment for the Bitcoin price shifts, institutional investors, who may have been the prime drivers for the $250,000 rally, are likely to sell off their holdings. Lagen has described this massive sell-off as the “shake out of the century,” when the Bitcoin price could plummet dramatically to 98% of its high. This suggests that after hitting $250,000, the BTC price could crash to $2,000, trading below Ethereum’s current price, which is trading at $2,635, according to CoinMarketCap. Highlighting the reasoning behind this unexpected bearish price crash, Lagen revealed that by plotting the Bitcoin price on the “Syslog scale,” it clearly shows a High-Time Frame (HTF) rising wedge, which points at a price target between $1,000 and $10,000. He also disclosed in a much earlier post that if Bitcoin does experience his projected shakeout and price decline to $1,000, it will take four halving events before the cryptocurrency can return to its $200,000 price high. BTC To Break Above $73,000 And Rally Higher As of writing, the Bitcoin price is trading at $72,433 after experiencing more than a 7.8% increase this week. Lagen has stated that the Bitcoin price action points to a possible “triangle bearish continuation pattern,” which typically signals a potential downward trend in a cryptocurrency. The crypto analyst has set a new target of $71,200 for Bitcoin, suggesting that if the cryptocurrency follows through with the triangle bearish continuation pattern, its price could decline significantly. On the flip side, Lagen has predicted that if Bitcoin can break the $73,000 threshold, it would invalidate the triangle bearish continuation pattern. This could indicate the end of the downtrend and potentially lead to a stronger upward momentum.

With Bitcoin (BTC) ETFs witnessing an unprecedented $1.2 billion in inflows, a bullish tsunami is sweeping across the crypto market and preparing November as a record-breaking month for certain assets. IntelMarkets (INTL) is a rising star among the tokens ready to hit new all-time highs (ATH) with Solana (SOL) and Worldcoin (WLD) alongside. Each brings unique strengths and innovations, which helps to define them as absolutely necessary assets in this bullish landscape. Solana and Worldcoin Leading from the Front Solana has shown itself as a go-to for high-performance blockchain as the conventional banking sector embraces blockchain potential, particularly as NFT and DeFi ecosystems grow. Likewise, as usage rises, Worldcoin, which has slowly expanded using an ambitious approach to digital identification, is ready for the limelight. With both the tokens witnessing massive surge lately despite severe pullbacks, the present technical analysis points towards a robust rally towards a new ATH in November as per prominent analysts. Though Solana (SOL) and Worldcoin (WLD) provide unquestionable advantages for the crypto scene, IntelMarkets is establishing itself a unique, strong competitor by combining high leverage, perpetual futures, and quantum-proof technology—all meant to ensure the future of crypto trading. IntelMarkets (INTL) Makes a Bold Entry Arriving in the market recently, IntelMarkets (INTL) is drawing a lot of interest with its dual-chain architecture and innovative security measures. While Worldcoin concentrates on building digital identities and established networks like Solana provide scalability and speed, INTL is carving out its own as a dual-chain exchange able to support both Ethereum and Solana. This architecture guarantees traders’ ability to take use of both blockchains’ capabilities as well as increases their flexibility. IntelMarkets is also ahead of the curve in addressing future security concerns with the quantum-proof Route X21 initiative, providing a safe trading environment appealing to both whales and retail traders seeking an advantage in a secure ecosystem. Ongoing Presale: Massive Opportunity The recent Bitcoin ETF inflows have set off a chain reaction that has institutional investors thinking about initiatives outside of just Bitcoin. Demand for high-potential, utility-based tokens is being driven by this evolution; INTL’s presale has already seen a notable increase in involvement. With a presale price of $0.036545, IntelMarkets offers a tempting starting point for investors looking for explosive growth. With the project’s expected minimum listing price of $0.11, early adopters might perhaps realize profits of over 200% at debut; many analysts believe that rewards could even be more on listing. Innovative Features IntelMarkets provides innovative tools meant to keep traders ahead of market fluctuations while AI-driven analytics powers its trading ecosystem. Customizable indicators, sophisticated charting, and AI-guided insights—all meant to enable traders to make well-informed, data-based decisions—are part of the platform’s tool set. IntelMarkets lets users amplify possible profits by combining with a 1000x leverage option, thus appealing to traders wanting to maximize gains in this fast rising bull market. IntelMarkets also attends to the vital need for tamper-proof, secure data. The platform guarantees effective liquidity, accurate pricing, and fair trade execution by use of a central limit order book (CLOB) and strong oracle infrastructure. IntelMarkets is a tempting substitute for conventional exchanges because of its dedication to openness and integrity; particularly given its security measures and AI-powered analytics, which help it to be a leader in the exchange industry. Leveraging the Bullish Momentum For crypto investors, November looks to be a transforming month; IntelMarkets (INTL) is positioned to profit from this boom. IntelMarkets is more than just another exchange; it’s a platform created for the future of finance with choices for leverage-driven trading, future-ready security models, and support for Ethereum and Solana. INTL, along with Solana and Worldcoin, is a high-potential asset for investors trying to maximize the current bull market as Bitcoin ETF inflows point to a new surge of investment into the sector. Investors and traders can make use of this bullish momentum and explore IntelMarkets (INTL) today to lead crypto’s next great wave front and reap the rewards for being an early adopter. Discover More About IntelMarkets: Presale: https://intelmarketspresale.com/ Buy Presale: https://buy.intelmarketspresale.com/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_markets 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.