Los Angeles, United States, October 30th, 2024, Chainwire Xsolla, a global video game commerce company, announces plans to launch Xsolla ZK and introduce a digital backpack of virtual items on the blockchain. Xsolla ZK is powered by ZKsync technology and will drive the continuous growth and expansion of Web3 technologies to further develop solutions on the blockchain for the video game industry. Xsolla ZK will become part of the Elastic Chain ecosystem- an expanding constellation of interconnected chains powered by Zksync, an Ethereum Layer 2 zero-knowledge roll-up technology. Xsolla ZK will also introduce its ‘digital backpack’ for game developers, item creators, and gaming infrastructure providers to store and manage in-game items. Xsolla has seen success in the gaming industry, with two decades of experience, over 2,500 games monetized with its products, and over 1,000 developers and publishers utilizing its technology for their games. About Xsolla Xsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help their partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in Montreal, London, Berlin, Beijing, Guangzhou, Seoul, Tokyo, Kuala Lumpur, Raleigh, and other cities around the world, Xsolla supports major gaming titles like Valve, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more. About the Elastic Chain The Elastic Chain is an ever-expanding cluster of ZK rollups, secured by cryptography and designed for native interoperability with a unified, seamless user experience. The Elastic Chain delivers the functionality of a multi-chain ecosystem with the simplicity of a single blockchain, enabling scalable, secure, and efficient transactions. These core components ensure that this cluster of ZK Chains can interact and transact with each other efficiently, inheriting the security of Ethereum and forming a network that can scale horizontally without compromising on the core properties that make blockchains so powerful. For more information about Xsolla ZK and how to get early access, users can visit: xsolla.pro/zk For additional information and to learn more, users can visit xsolla.com. For additional information and to learn more, users can visit matter-labs.io. Contact Global Director of Public Relations Derrick Stembridge Xsolla [email protected]

LINK’s Hedera partnership boosts interoperability and developer access on dApps. Analysts predict potential LINK breakout above $13 amid bullish sentiment. Chainlink (LINK) experienced a significant price surge in the past 24 hours, reaching an eight-day high of $12.01 before stabilizing around $11.99. This 5% daily increase has brought new investor confidence, despite a 1% decline in trading volume and a challenging week with LINK’s price dropping to $10.70. The recent uptick is largely attributed to market resurgence in the past 48 hours. Moreover, it coincides with Chainlink’s collaboration with the HBAR Foundation, aiming to boost interoperability for decentralized applications (dApps) on the Hedera network. This partnership involves integrating Chainlink’s Data Feeds and Cross-Chain Interoperability Protocol (CCIP) into the Hedera Testnet via Chainlink Scale, a framework empowering Hedera developers with reliable data and cross-chain capabilities. The collaboration builds on a relationship established in 2021 when Chainlink joined the Hedera Governing Council. Johann Eid, Chief Business Officer at Chainlink Labs, remarked that this integration would allow Hedera developers to create “secure, scalable, and fully-featured dApps,” further promoting on-chain adoption. LINK Bulls To Pull Rally? Market sentiment around LINK remains bullish, with approximately 86% of holders optimistic about its long-term potential. Analysts note that LINK’s price has formed an ascending triangle pattern, suggesting a possible breakout if it can surpass the $15 resistance level. Crypto analysts express confidence in LINK, indicating that overcoming the $13 barrier could trigger a rally toward $18, representing a 40% increase from the breakout point. LINK Price Chart, Source: Sanbase Additionally, net outflows of LINK from exchanges over the past month suggest long-term accumulation, even as some holders take short-term profits. The net 30-day outflow of 662,220 LINK indicates sustained confidence in Chainlink’s future. As Chainlink strengthens partnerships, including recent integrations with Swift and BNB Chain, its utility across DeFi and cross-chain functionality positions it for potential growth. Investors now eye the $13 mark as a critical resistance level for continued momentum. Highlighted News Of The Day Binance Unveils Pioneering Solution for Wealth Managers Via Binance Wealth

Bitcoin’s price nears its all-time high, driven by favorable U.S. election factors. BTC ETF inflows hit $868 million, with $640 million from BlackRock. Bitcoin’s current price stands at $72,437.22, reflecting a 2.15% increase in the past 24 hours. Its market cap has risen to $1.43 trillion, with a daily trading volume of $53.39 billion, marking a significant 14.90% increase. The market cap-to-volume ratio is 3.77%, signaling solid interest in BTC trading. Yesterday, Bitcoin neared its all-time high of $73,544, as market conditions, especially political developments surrounding the U.S. elections, bolster investor interest. With Donald Trump’s potential victory promising pro-crypto policies, optimism around Bitcoin’s growth toward $100,000 is gaining momentum. Bitcoin ETFs have added further fuel to the current rally. Total inflows reached $868 million today, with $640 million from BlackRock alone, marking one of the most significant ETF inflows since March 12, 2024, when it hit $1.045 billion. Growing demand for BTC ETFs may drive prices higher, potentially setting a new record inflow soon. In contrast, Ethereum ETFs remain relatively inactive, showing limited investor interest. Technical Indicators Signal Bullish Momentum Whale activity has also intensified, with 1,245 BTC (approximately $90 million) recently moved from Coinbase to an unknown wallet. Recently, a whale added another 600 BTC ($43.33 million) to their holdings, bringing their total accumulation to 2,000 BTC (approximately $144.82 million) over the past two weeks. This whale currently holds an unrealized profit of $6.3 million. This massive transfer hints at accumulating sentiment among large investors, likely due to expectations of further gains in Bitcoin’s value. Such whale actions often suggest that influential holders anticipate favorable market moves, adding upward pressure on BTC’s price. Technical indicators reveal critical support and resistance levels. Bitcoin faces resistance at $73,000, while support lies around $70,500. A breakout above $73,000 could push BTC to new highs, while a drop below support might initiate a pullback. The Relative Strength Index (RSI) stands at 77.66, indicating overbought conditions, suggesting caution for short-term traders. The RSI average remains above 70, reinforcing bullish sentiment. Moving averages (9 and 21) indicate a crossover, a positive sign suggesting continued upward momentum. While short-term volatility is possible, the overall trend points toward further gains. Traders should watch the $73,000 resistance closely, as breaking it could signal new highs. Highlighted Crypto News Today CME Group’s FCM Approval Sparks CFTC and FIA Market Concerns

The CFO of Florida proposes Bitcoin and digital assets in the state pension funds. SBA to draw a comprehensive report on the implications of integrating digital assets. In a recent letter, Jimmy Patronis, Florida’s CFO, requested that Bitcoin and other digital assets be considered part of the state’s pension fund. It addressed Chris Spencer, the Executive Director of the Florida State Board of Administration. Moreover, the letter emphasized Florida’s position as a leader in economic growth, persuading the state to evaluate the opportunities digital assets could bring to the state’s pension funds. Patronis mentioned that Bitcoin is often called digital gold, a potentially valuable asset to diversify Florida’s investment portfolio. He further proposed a Digital Currency Investment Pilot Program under the Florida Growth Fund. It supports the emerging and innovative investment types. It’s pivotal to note that the CFO’s appeal comes when other states like Wisconsin, Michigan, Arizona, Wyoming, and Nebraska have made moves to explore digital assets for public funds and promote crypto-related industries. Besides, Wisconsin and Michigan have allocated small portions of their pension funds to digital assets. Arizona is advancing legislation to include crypto assets in its state retirement fund. On the other side, Patronis has referenced Florida Governor Ron DeSantis’s recent legislative moves to limit federal control over digital currencies, specifically central bank digital currencies (CBDCs). Furthermore, Patronis argued in his letter that Bitcoin and other decentralized currencies could offer Floridians better autonomy in finance. Conclusively, he has requested SBA to draw on a complete report on the implications of integrating digital assets into the state’s portfolio. The report aims to provide the board and lawmakers with adequate information before the next legislative session. Highlighted Crypto News Is Ethereum Price Struggling to Breakout the $2.6K Consolidation?

CME Group received approval to establish its own Futures Commission Merchant (FCM). The FIA warns that CME’s approval heightens systemic risk and conflicts of interest due to expanded market roles. On October 29, the CME Group, a leading player in the derivatives marketplace, received approval from the National Futures Association (NFA) to establish its own Futures Commission Merchant (FCM). The granted approval allows CME Group to manage customer accounts directly and deepen its role in futures trading. Yet, this move, seen as strategic to better meet clients’ needs, has sparked reactions across the financial industry. The Financial Industry Association (FIA) has raised concerns about potential systemic risks tied to CME’s expanded functions. Further, the FIA urged the Commodity Futures Trading Commission (CFTC) to set clearer guidelines to manage potential conflicts of interest. Concerns Over CME’s Role Consolidation The FIA warns that CME’s consolidation of multiple roles—including trading, clearing, and now customer account management—could lead to conflicts of interest. FIA President Walt Lukken emphasized that managing these functions within a single entity may increase systemic risks. This is an issue the FIA had previously flagged when FTX applied for similar approval. Then Sam Bankman-Fried’s FTX collapsed in November 2022, leading to market uncertainty. According to FIA President Walt Lukken the CME’s new role “reflects a trend of market consolidation that could impact stability in sensitive financial markets.” The CFTC has also acknowledged similar concerns, especially in the context of heightened market scrutiny. Highlighted Crypto News Today: Is Ethereum Price Struggling to Breakout the $2.6K Consolidation?

Ethereum price has factored in a modest price increase in the last 24 hours. The altcoin’s daily trading volume has decreased by 5.61% as per CMC data. As another month ends, the crypto market’s speculations have begun to turn into reality. Uptober has begun its upward rally, as evidenced by Bitcoin’s current $72K trading levels. Moreover, other altcoins have also followed in on the rally hitting new trading levels and YTD (year-to-date) increases. Meanwhile, the leading altcoin Ethereum has stagnated at its trading levels from the recent price drop. ETH has remained at the $2K level for nearly three months, not having shown significant upward movements since the August market crash. In the last 24 hours, the cryptocurrency has factored in a modest increase of 0.98% raising from the $2,615 level to the $2,643 trading price. Additionally, Ethereum has also shown increased volatility in the last few days as indicated by the RVI standing at a high of 75.90. Subsequently, this volatility caused the token prices to hit an intraday high of $2,681, after which it dropped to the current level. At the time of writing, Ethereum was trading at $2,642 as per CMC data. On inferring Ethereum price’s chart movements, the cryptocurrency shows amplified struggles to break from the $2,600 consolidation phase. ETH has also further failed to utilize the market’s positive momentum exhibited in the past few days. Will Ethereum Price Turn Bullish In the Coming Days? The altcoin, in order to witness bullish movements must manage to surpass the $2,700 resistance and further resistance levels at $3,000. If Ethereum utilizes the present upward movement to surpass the first resistance, it can be expected to turn bullish. ETH/USDT Daily Price Chart (Source: TradingView) Furthermore, the altcoin’s Moving Average Convergence Divergence (MACD) depicts the signal line standing below the MACD line. While this highlights a negative sentiment, the signal line shows potential for a positive crossover. In case of such an occurrence then upward movements can be expected. Meanwhile, other cryptocurrencies such as Solana and SUI have shown notable upward movements. Additionally, the US spot ETH ETFs have also shown bullish movements by recording $7.65 million in inflows as per Sosovalue data. Highlighted Crypto News Today: Crypto.com Flips Coinbase Global in Trading Volume Across North America

Bitcoin (BTC) is closing in on its all-time high (ATH), bringing excitement among bulls. However, seasoned analyst Peter Brandt advises caution, urging bulls to stay excited yet avoid becoming dogmatic. Bitcoin Breakout Yet To Be Confirmed After a lackluster start to October – a historically bullish month for Bitcoin – the digital asset is exchanging hands at $71,789, just about 3% shy of its March 2024 ATH of $73,737. While the prospect of a new ATH has the crypto market on its feet, veteran analyst and trader Brandt thinks multiple conditions must be fulfilled to determine a confirmed breakout. In a post published on X on October 29, Brandt cautioned BTC bulls against over-enthusiasm without technical confirmation of a breakout. Specifically, the analyst warned the bulls about the limitations of diagonal patterns – particularly those with slanted boundary lines – on trading charts. Brandt explained that although “nicking” of a boundary line might excite the bulls, it does not represent a confirmed breakout. For a breakout to be genuine, Brandt has set the target price at $76,000, stating that Bitcoin’s daily chart needs to close above this level, with an average true range (ATR) measurement confirming this move above Bitcoin’s previous high set in March. For the uninitiated, the ATR is a technical analysis indicator that measures market volatility by calculating the average of true price ranges over a set period, typically 14 days. It reflects how much an asset moves, helping traders gauge potential price fluctuations and set more informed stop-loss or profit targets. Further, Brandt notes that such a breakout must be validated by a close on Sunday at midnight UTC, to ensure it is not a fake breakout that ends up trapping bullish investors. On the weekly chart, Brandt highlighted that Bitcoin’s recent advance “has only nicked important chart points,” rather than breaking through with conviction. The analyst concluded that BTC’s price has a substantial journey ahead before decisively forming a new support level. Important To Overcome $71,000 – $73,000 Resistance Level Another crypto analyst, 0xAmberCT, highlighted the significance of the strong resistance zone around $71,000 to $73,000. However, the analyst shared several reasons why this time might be different. First, the high odds of victory for the Republican US presidential candidate Donald Trump might provide the much-needed fuel to the wider crypto market to start its Q4 2024 rally. At the time of writing, Polymarket gives Trump a 66.5% chance of victory compared to Democratic candidate Kamala Harris’ 33.5%. A Trump win is a net positive for the digital assets industry. In addition, the recent interest rate cuts by the US Federal Reserve (Fed) and the heightened prospects of a “soft-landing” are expected to increase the market’s risk-taking appetite. Risk-on assets like BTC are expected to benefit in a lower interest rate environment. The analysts’ assessment aligns with Bitwise CIO Matt Hougan’s prediction that BTC may “melt-up” to $80,000 in Q4 2024. However, crypto analyst Cole Garner recently shared that BTC might head lower before achieving a new ATH due to tightening on-chain liquidity. BTC trades at $71,789 at press time, up 4% in the past 24 hours.

On-chain data shows that Cardano’s Network Value to Transactions (NVT) Ratio has surged recently. Here’s what this could imply for ADA’s price. Cardano NVT Ratio Has Surged To Its Highest Level Since June In a new post on X, the market intelligence platform IntoTheBlock discusses the latest trend in Cardano’s NVT Ratio. The “NVT Ratio” here refers to an on-chain indicator that keeps track of the ratio between the ADA market cap and transaction volume. When the value of this metric is high, it means the value of the network is high compared to its ability to transact coins. Generally, this can signal that the coin’s price is overvalued. On the other hand, the low indicator implies the market cap may be undervalued compared to the blockchain’s volume, so ADA’s price could be due to a rebound. Now, here is a chart that shows the trend in the Cardano NVT Ratio over the last few months: As is visible in the above graph, the Cardano NVT Ratio has witnessed a notable surge recently, even though the coin’s price has been following an overall bearish trajectory. This would suggest that the transaction volume has tanked on the network. Following this latest increase, the indicator has spiked to the highest level since June, implying that the cryptocurrency hasn’t been this overvalued in six months. The reason behind this trend is likely to be the lackluster price action the coin has witnessed for a while now. Other assets, such as Bitcoin, have started to pop off recently. At the same time, ADA has remained a sideways movement, so ADA investors may be fed up and leave to explore greener pastures. “Historically, elevated NVT ratios often precede price pullbacks,” notes the analytics firm. Thus, the recent spike in the indicator could spell further trouble for the already struggling coin. The Cardano NVT Ratio could now be to keep an eye on in the coming days, as any more jumps in the metric may confirm a bearish outcome. However, there is also the possibility that the trend will see a reversal, with enough activity returning on the network to justify its current market cap. ADA Price The cryptocurrency sector as a whole has been rising during the past day, and Cardano has followed suit. Although the coin’s surge has been smaller than Bitcoin’s, the asset has climbed above the $0.348 level. The chart below shows the coin’s recent trajectory.

Space and Time Labs, a Microsoft-backed firm that recently raised a $20 million Series A, announced today that SXT Chain, a blockchain designed to give zero-knowledge (ZK)-proven data to smart contracts, is currently live on testnet. The next generation of DeFi will be powered by SXT, ZKsync, Chainlink, and Microsoft, which will provide developers the infrastructure, data, and tools they need to create sophisticated, data-driven smart contracts. Data from other popular blockchains, such as Ethereum, ZKsync, and other EVM and Move chains, is indexed by the SXT Chain and stored on a decentralized network of database nodes. Developers may use Proof of SQL, SXT’s sub-second ZK coprocessor for SQL database queries, to access, query, ZK-prove, and link this data back to their smart contract. Blockchain technology makes it possible for people to really control their assets, opening the door to a future in which centralized institutions do not restrict financial freedom. However, blockchain technology is still severely limited by its inability to access and process data at scale, even with the advancements made in the last ten years with the launch of Ethereum and smart contracts. For instance, onchain lending protocols provide all borrowers the same lending rate since smart contracts cannot securely access essential onchain data, including a wallet’s loan history, but conventional lending platforms base lending rates on the borrower’s credit score. Using a well-known SQL interface, a lending protocol may use SXT to compile a wallet’s onchain loan history into a “credit score.” ZK-proof that the score was computed correctly using the right, unaltered data, and then pass the score straight to the smart contract to enable more individualized lending. SXT is already being built upon by a number of initiatives creating the next generation of data-driven DeFi solutions, such as Lendvest, a onchain credit rating protocol under the Chainlink BUILD program. Nate Holiday, Co-Founder and CEO of Space and Time stated: Space and Time is also using ZKsync technology to launch a ZK Chain within the Elastic Chain ecosystem in order to support SXT Chain. Developers will be able to quickly implement Solidity smart contracts on top of SXT thanks to the ZK rollup, which will serve as the smart contract execution layer for SXT Chain. Along with third-party DeFi apps for liquid staking, derivatives, and data-intensive applications, the rollup will also contain native DeFi apps that manage client payments, staking, and network node operator coordination. Alex Gluchowski, Co-Inventor of ZKsync stated: In contrast to gas-heavy verification on Ethereum, SXT will use the industry-standard Chainlink Network to provide developers a more recognizable and affordable method of ZK-verify query results conducted on SXT. Additionally, SXT is natively connected with Chainlink Functions, allowing developers to send ZK-proven query results straight from SXT to their smart contract. Via offering a ZK-proven database that serves as a dependable data source for smart contracts, provided via safe Chainlink oracles, SXT broadens the possibilities for developers using Chainlink services. Sergey Nazarov, Co-Founder of Chainlink stated: The team at Space and Time Labs is made up of top-notch experts in cryptography and AI who have previously made significant contributions to ZK, blockchain, and AI. In order to speed up its generative AI tools and facilitate developers’ onchain app development, Microsoft revealed in a blog that the M12 portfolio firm has been collaborating closely with the Microsoft AI Co-Innovation Lab. Kathleen Mitford, CVP of Global Industry Marketing at Microsoft said: For developers wishing to enhance their applications and smart contracts with a ZK- proven database, the SXT Chain testnet is currently live. By completing SXT quests on Galxe, community members may take part in the testnet. Go to this website to learn more about how to become involved.

The Solana (SOL) memecoin ecosystem is regaining traction with investors as Bitcoin (BTC) leads the overall market recovery, approaching its previous record high of $73,700 set in March. This renewed interest is reflected in the performance of Popcat (POPCAT), one of the outstanding and best-performing tokens in the Solana memecoin space over the past month. Wintermute Fuels The POPCAT Bullish Trend POPCAT has emerged as a significant winner in the Solana chain in the past week, experiencing a 21% surge. Following a continued uptrend, the token recorded a 13% increase in just 24 hours, reaching a new all-time high of $1.75 on Tuesday. According to data from Nansen, the driving force behind this bullish trend has been a notable increase in buying pressure, largely attributed to market-making trading firm Wintermute, which has played a pivotal role in facilitating buying transactions within the digital asset. However, shortly after hitting its record peak, POPCAT retraced to approximately $1.70, attributed to increased profit-taking by investors, as many sought to capitalize on the recent gains. Nansen’s data indicates a pattern of transfers to decentralized exchanges (DEXs) for selling purposes, signaling a typical market behavior following a significant price surge and the achievement of a new record price. One of the key players in these transactions is the crypto exchange Bybit, which has been transferring POPCAT tokens in batches to the US-based exchange Kraken over the past few days. Despite these transfers, Bybit still retains around 63,602 POPCAT coins, valued at approximately $109 million. To avoid a sharp correction and maintain the upward momentum, it will be crucial for the POPCAT bulls to hold key support levels in the coming days, and in particular, to hold and consolidate above the $1.70 level. Key Levels To Watch Despite the enthusiasm surrounding the POPCAT token, the most significant support levels are well below current trading prices, which could lead to significant retracement. Looking at the POPCAT/USDT daily chart, the first support is located at the $1.55 zone, which, if lost, could lead to a further pullback down to the $1.48 support. This could jeopardize most of the token’s gains over the last week, as the loss of these levels could lead to a retest of its next support at $1.37. However, it remains to be seen whether the buying pressure seen over the past week can overcome the current profit-taking activity by investors in the token, as a consolidation above $1.70 in the next 72 hours can lead to a significant bullish weekly close. Featured image from DALL-E, chart from TradingView.com

Bitcoin is on a tear, easing past the psychological round number at $70,000. At press time, the world’s most valuable coin is approaching $72,000, a critical resistance level that marks June 2024 highs. Bitcoin Breaks Above $70,000 And Descending Triangle As buyers press on, reversing losses of the second half of last week and soaring to print a three-month high, one analyst has also picked out another crucial development. In a post on X, the technical analyst said not only is the price firm at press time, but the explosion over the last two days means the coin is trading above a descending wedge. Technically, based on the analyst’s preview, the coin is within a key breakout formation. Accordingly, it signals that the era of discouraging lower lows, seen in the better part of Q3 2024, could be over as buyers take over. Specifically, the series of lower and lower highs seen since prices retraced from all-time highs is likely over. As it is, buyers are buoyant. According to the CoinMarketCap poll, over 70% of voters think the coin is heading higher. This preview is crucial, considering the importance of hype in the crypto scene. Usually, whenever prices tick higher, traders tend to rush in so as not to miss the leg up by opening leveraged positions on perpetual futures platforms like Binance or Bybit. Meanwhile, the more conservative ones opt to buy at the spot market, aware that though gains could be posted, risks are also mitigated. Is The Post-Halving Advance On? For the uptrend to continue, the analyst said, it is important gains posted on the last two days are confirmed. In this case, a follow-through will see Bitcoin lift off, breaking $72,000 and even $74,000 printed in March 2024. In that event, bulls could have more headroom to march on as the “post-Halving” advance begins. Looking at past cycles, Halving events are always seen as bullish. Prices rallied in the next few months when the network halved its miner rewards in 216 and 2020. Then, Bitcoin rallied to $20,000 in 2017 and $70,000 in 2021. After the April 20 Halving, traders have been looking forward to this phenomenon continuing. Nearly six months later, the recovery of prices amid the rising hash rate could trigger another wave of demand, pushing Bitcoin to new territory.

Dogecoin is up over 20% and trading above the $0.1650 support zone against the US Dollar. DOGE must clear the $0.1780 resistance to continue higher. DOGE price started a major increase above the $0.1500 resistance level. The price is trading above the $0.1650 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1715 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rise if it clears the $0.1780 and $0.1800 resistance levels. Dogecoin Price Eyes More Gains Dogecoin price started a fresh surge above the $0.1450 and $0.150 resistance levels. DOGE price gained over 20%, beating Bitcoin and Ethereum. The bulls were able to pump the price above the $0.1650 resistance. A high was formed at $0.1796 and the price is now consolidating gains. It is holding gains above the $0.1720 level. There is also a key bullish trend line forming with support at $0.1715 on the hourly chart of the DOGE/USD pair. The trend line is well above the 23.6% Fib retracement level of the upward move from the $0.1275 swing low to the $0.1794 high. Dogecoin price is now trading above the $0.1650 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1765 level. The next major resistance is near the $0.1780 level. A close above the $0.1780 resistance might send the price toward the $0.1800 resistance. Any more gains might send the price toward the $0.1850 level. The next major stop for the bulls might be $0.2000. Are Dips Supported In DOGE? If DOGE’s price fails to climb above the $0.1780 level, it could start another decline. Initial support on the downside is near the $0.1715 level and the trend line. The next major support is near the $0.1675 level. The main support sits at $0.1630. If there is a downside break below the $0.1630 support, the price could decline further. In the stated case, the price might decline toward the $0.1500 level or even $0.1420 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1715 and $0.1675. Major Resistance Levels – $0.1780 and $0.1800.

Solana (SOL) is catching attention with its steady climb toward the $200 mark, which is drawing in traders eager for big gains. Meanwhile, Dogwifhat (WIF) is leading the meme coin pack with a 5% rally, showing that meme coins still have a place in this market. With both SOL and WIF on the rise, traders are looking for smarter ways to stay ahead. IntelMarkets is emerging as a top choice. It’s more than just an exchange since its AI-powered trading bots have trained on over 100,000 data points, giving users a real advantage. As prices move fast, IntelMarkets helps investors make the most of crypto’s latest trends. Solana (SOL) Surges: Pushing Towards the $200 Milestone Solana Price (SOL) is gaining serious attention as SOL nears the $200 mark. Experts note a surge in interest, with Solana’s market cap now over $83 billion and a trading volume jump of almost 32% in the last 24 hours. Analysts say this momentum comes from positive signals, including the 200-day moving averages, which point to strong growth potential for SOL. Many believe Grayscale’s recent inclusion of SOL in its Digital Large Cap Fund now part of a mixed crypto ETF has boosted the Solana (SOL) appeal. This step could attract more mainstream investors adding to the optimism around Solana’s (SOL) future. Reports also show that the Solana (SOL) total value locked has topped $6 billion, the highest since 2022 which is reinforcing confidence among investors. If this trend continues, some experts think Solana Price could cross $190 soon. With 83% of SOL staked and solid backing, the outlook remains strong. Dogwifhat’s (WIF) 5% Rally: Leading the Charge in the Memecoin Market Dogwifhat (WIF) is quickly climbing the ranks of the memecoin world, sitting just behind Dogecoin (DOGE) and Shiba Inu (SHIB) as a top contender. Its unique “dog in a hat” branding has captured a growing fan base, especially as the market hints at a possible bull run. Investors are drawn to its playful image, which has added to its recent surge in popularity. Currently trading around $2.40, WIF has seen a single-day growth of nearly 5%. Reports show that its trading volume has jumped by almost 49% to over $300 million, indicating a rise in interest. Many see this increase in volume as a positive sign pointing to strong market demand. Analysts believe WIF’s popularity could keep it in the spotlight. As more traders look toward meme coins, Dogwifhat’s humor and increasing liquidity might attract even more attention especially if the market trend stays positive. IntelMarkets (INTL): Helping Traders Make the Most of Crypto’s Latest Moves IntelMarkets (INTL) is gaining traction in the crypto world by pairing AI with blockchain, giving traders smart tools to stay ahead. In Stage 4 of its token sale, IntelMarkets (INTL) raised over $1.6 million, showing strong interest from investors. People are noticing how IntelMarkets (INTL) makes it easier to trade with automated strategies, which can be a big help in rapid markets. With about 10% of Stage 4 tokens already sold, the current token price is around $0.036, and it’s set to rise in the next round. IntelMarkets(INTL) lets traders set up strategies that act instantly, a key advantage during market surges. This use of AI for real-time decisions is catching attention, especially among traders who want data-backed tools. Experts believe that IntelMarkets (INTL) could become a popular choice for both beginners and pros. Its AI insights and blockchain access mean traders can simplify their moves without missing out on strategy. As the token sale continues, IntelMarkets (INTL) seems well-positioned to bring in more users looking to stay sharp in the crypto space. 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.

Binance Wealth, the first crypto exchange technological solution for wealth managers, was unveiled today by Binance, the global blockchain ecosystem that more than 230 million people globally trust. Similar to conventional wealth management, Binance Wealth gives wealth managers the ability to supervise their clients’ onboarding and provide investment recommendations. This way, customers may get robust assistance both during and after onboarding while maintaining complete discretionary control. To get access to Binance Wealth, wealth managers must first apply. Once successfully onboarded, they may assist their customers with their onboarding process by providing the required KYC/KYB papers for verification. Following onboarding, customers have the option to handle their own assets directly and accept suggestions from their wealth managers for their review and approval. Wealth managers can now respond to their high-net-worth customers’ need for exposure to this new asset class thanks to Binance Wealth, the first cryptocurrency exchange solution. With the help of their reliable wealth managers, Binance is satisfying the need from the private wealth sector, which prefers to diversify their portfolios. Binance Wealth, designed by Binance’s international team of top crypto and conventional financial specialists, dramatically lowers the entrance barrier for wealth managers and their affluent customers seeking exposure to digital assets: Wealth managers and their customers have an experience with TradFi that is quite similar to the conventional financial advisory framework that they are used to. Intuitive user interface: A thorough and cohesive dashboard with a summary of onboarded customers and their portfolios is provided to wealth managers by Binance Wealth. Exposure beyond Bitcoin and Ethereum: Clients of wealth managers may easily learn about Binance’s extensive range of supported tokens. Flexibility of investments: Binance Wealth serves customers’ interests in both active and passive investment by supporting both trading and earn/stake products. White-glove VIP service: Binance VIP key account client managers provide high-touch VIP services and assistance to wealth managers. Catherine Chen, Head of Binance VIP & Institutional shared: Binance’s innovative expertise in facilitating the institutional adoption of cryptocurrency assets is shown by the introduction of Binance Wealth. The banking triparty solution, which helps institutional investors reduce counterparty risk by holding their trading collateral in the form of traditional assets with a partner bank, is another of Binance’s industry-first solutions designed to support traditional and institutional users’ transition into digital assets. For further details, please go to binancewealth.com.

Fuse, a payments blockchain, announced that Bitget will list its native token. Crypto enthusiasts will find it simpler to start exploring the Fuse ecosystem as a result of the asset’s improved accessibility and increased liquidity after its addition to Bitget’s tier-1 exchange. Bitget plans to list the FUSE token within the first week of November. Following the event, users will be able to stake assets like FUSE and get token incentives using Bitget’s stake-to-mine platform, PoolX. Users will now have more options to earn rewards via PoolX thanks to FUSE’s listing on Bitget. This will increase FUSE’s usefulness and draw attention to how it powers Fuse Network transactions. Additionally, the listing will make it simpler for potential Fuse partners and dapp users to purchase FUSE on one of the safest and most liquid cryptocurrency exchanges in the world. Fuse CEO Mark Smargon said: Bitget, which has a daily trading volume of more than $10 billion, is one of the top five cryptocurrency exchanges worldwide. With over 45 million users in 100 countries, it’s a signficant platform for cryptocurrency investors to find and trade new tokens like FUSE. Following a significant update to Fuse Network’s roadmap via a number of activities intended to speed adoption, Bitget decided to list FUSE. As part of its shift to a modular architecture based on Polygon’s zkEVM technology, these enhancements will boost scalability. The upgrade, called Fuse Ember, would make 50,000 node licenses available for public purchase.

XRP price is attempting a fresh increase above the $0.5150 zone. The price could gain bullish momentum if it settles above the $0.5500 resistance zone. XRP price is eyeing more gains above the $0.5350 zone. The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it settles above the $0.5500 resistance zone. XRP Price Eyes Upside Break XRP price started a decent upward move above the $0.500 zone. There was a move above the $0.5150 resistance but it lagged Bitcoin and Ethereum. The bulls were able to push the price above the $0.5250 resistance. The price traded as high as $0.5307 and is currently consolidating gains. There was a minor decline below the $0.5250 level. The price dipped and tested the 50% Fib retracement level of the upward move from the $0.5112 swing low to the $0.5307 high. The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $0.5180 on the hourly chart of the XRP/USD pair. The trend line is close to the 61.8% Fib retracement level of the upward move from the $0.5112 swing low to the $0.5307 high. On the upside, the price might face resistance near the $0.5280 level. The first major resistance is near the $0.5320 level. The next key resistance could be $0.5350. A clear move above the $0.5350 resistance might send the price toward the $0.5500 resistance. Any more gains might send the price toward the $0.5650 resistance or even $0.5850 in the near term. The next major hurdle might be $0.6000. Another Setback? If XRP fails to clear the $0.5300 resistance zone, it could start another decline. Initial support on the downside is near the $0.5210 level. The next major support is near the $0.5180 level. If there is a downside break and a close below the $0.5180 level, the price might continue to decline toward the $0.5050 support in the near term. The next major support sits near the $0.5000 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.5210 and $0.5180. Major Resistance Levels – $0.5350 and $0.5550.

The recent activity in Bitcoin price and demand metrics suggests a potential resurgence in market interest, which could lead to a renewed all-time high. So far, Bitcoin has recently achieved a significant price rebound, reclaiming a trading level above $70,000 after a sustained period of resistance just below this price mark. This uptrend follows a 5% increase over the past 24 hours, positioning Bitcoin for $71,933 at the time of writing. One factor influencing this rally is a heightened demand reflected in stablecoin movements, a metric often used to gauge market sentiment and potential buy-in for Bitcoin, CryptoQuant analyst BinhDang highlighted this in a recent post on the CryptoQuant QuickTake Platform. Stablecoin Supply Ratio Oscillator Reflects Demand Surge BinhDang highlighted that the Stablecoin Supply Ratio Oscillator (SSRO) has reached levels previously seen during Bitcoin’s lows, notably those observed in November 2022. The analyst noted: Notably, the SSRO tool, which gauges the ratio of Bitcoin’s market cap to that of prominent stablecoins like USDT, USDC, BUSD, and others, is a barometer for tracking Bitcoin’s demand relative to stablecoin supply. The oscillator measures the extent to which stablecoins, commonly used for Bitcoin purchases, flow into Bitcoin and thus signal purchasing interest. When the oscillator shows low values, as it did during Bitcoin’s November 2022 low, it implies that stablecoins are more likely to be converted into Bitcoin, increasing demand. This trend has resulted in Bitcoin crossing the $70,000 threshold, encouraging investor sentiment and speculation regarding potential future highs. New Bitcoin ATH On The Horizon? According to BinhDang, BTC could continue its upward movement if the demand holds steady and aligns with favorable macroeconomic data or upcoming election insights. BinhDang wrote: The analyst notes that a rise above the SSRO’s positive three-point level has coincided with strong bullish cycles in previous periods, specifically in January 2023, October 2023, and February 2024. While BTC has consistently seen increases in price over the past days touching nearly $72,000 today, the asset’s daily trading volume has been on the same trend. Particularly, data from CoinGecko shows that in the past 7 days, Bitcoin’s 24-hour trading volume has risen from below $35 billion, as seen last Tuesday, to as high as $51.6 billion. Featured image created with DALL-E, Chart from TradingView

Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH. Ethereum started a decent increase above the $2,620 zone. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,530 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $2,650 and $2,680 resistance levels. Ethereum Price Climbs Slowly Ethereum price formed a base above the $2,465 level and started a fresh increase like Bitcoin. ETH climbed above the $2,550 and $2,580 resistance levels to move into a positive zone. The price is up over 5% and there was a move above the $2,620 level. A high is formed at $2,680 and the price is struggling to follow Bitcoin’s strength. The price corrected gains and traded below the 23.6% Fib retracement level of the upward move from the $2,488 swing low to the $2,680 high. Ethereum price is now trading above $2,600 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2,530 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $2,650 level. The first major resistance is near the $2,680 level. The main resistance is now forming near $2,720. A clear move above the $2,720 resistance might send the price toward the $2,915 resistance. An upside break above the $2,915 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,000 resistance zone. Downside Correction In ETH? If Ethereum fails to clear the $2,680 resistance, it could start a downside correction. Initial support on the downside is near the $2,600 level. The first major support sits near the $2,560 zone or the 61.8% Fib retracement level of the upward move from the $2,488 swing low to the $2,680 high. A clear move below the $2,600 support might push the price toward $2,550. Any more losses might send the price toward the $2,530 support level in the near term. The next key support sits at $2,450. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,600 Major Resistance Level – $2,680

Bitcoin price is rallying above the $72,000 zone. BTC is up over 5% and it could soon aim for a new all-time high above $73,500. Bitcoin started a fresh increase above the $70,000 zone. The price is trading above $70,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $69,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is surging and might rise above the $73,500 resistance zone or even to a new all-time high. Bitcoin Price Remains In Uptrend Bitcoin price remained strong above the $70,000 zone. BTC formed a base and started a fresh increase above the $71,200 resistance. The bulls were able to pump the price above the $72,000 resistance. The price regained strength and cleared the $72,500 level. It is up over 5% and trading above the $72,000 level. A high was formed at $73,574 and the price is now consolidating gains. It is just above the 23.6% Fib retracement level of the upward move from the $65,530 swing low to the $73,574 high. Bitcoin price is now trading above $72,000 and the 100 hourly Simple moving average. On the upside, the price could face resistance near the $73,200 level. The first key resistance is near the $73,550 level. A clear move above the $73,550 resistance might send the price higher. The next key resistance could be $74,200. A close above the $74,200 resistance might initiate more gains. In the stated case, the price could rise and test the $75,000 resistance level. Any more gains might send the price toward the $75,800 resistance level. Any more gains might call for a test of $76,500. Are Dips Limited In BTC? If Bitcoin fails to rise above the $73,500 resistance zone, it could start a downside correction. Immediate support on the downside is near the $71,650 level. The first major support is near the $69,500 level or the 50% Fib retracement level of the upward move from the $65,530 swing low to the $73,574 high. The next support is now near the $68,500 zone. Any more losses might send the price toward the $67,200 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $71,650, followed by $69,500. Major Resistance Levels – $73,500, and $75,000.

According to Bitfinex, Bitcoin (BTC) volatility is set to intensify over the next week. A “potent mix” of geopolitical and macroeconomic factors has significantly influenced the flagship crypto’s performance, with anticipation for the outcome of the US election and Q4’s close setting a potential target of $80,000 by year-end. Bitcoin Volatility About To Reach Its Peak Crypto exchange Bitfinex’s recent report shared that Bitcoin’s price could hit $80,000 by the end of the year due to a convergence of geopolitical uncertainty, macroeconomic factors, seasonality, and the increasing influence of the “Trump Trade.” The report noted that, historically, global macroeconomic trends and geopolitics events influenced BTC’s price. As a result, the largest cryptocurrency by market capitalization has seen its price movements driven by the anticipated US Presidential elections. The potential outcome of the elections, scheduled for next week, has affected Bitcoin’s performance throughout the year. Both presidential candidates have acknowledged the crypto industry, with the Republican candidate Donald Trump becoming the sector’s champion after fully embracing Bitcoin and crypto. Trump’s pro-crypto stance increased the correlation between the Republican candidate’s winning odds and Bitcoin’s trajectory. Moreover, the “Trump Trade” narrative reflects “the market’s view of how BTC will fare dependent on the outcome of the election.” Per the report, this narrative has fueled Bitcoin volatility, with the flagship crypto seeing sharp intra-week corrections before rebounding. Last week, BTC saw a 6.2% pullback toward the $65,000 support zone before reclaiming the $68,000 mark again. Bitfinex analysts consider that this pullback might be the first of several “whipsaw price movements” ahead of the elections, affecting BTC’s short-term price as speculation and volatility increase. Additionally, option premiums and estimated daily volatility for the US stock market and Bitcoin are projected to rise significantly next week. The report noted that BTC volatility will peak between November 6 and November 8, when the Election results are expected to be delivered. Reportedly, the highest implied volatility (IV) is for the November 8 strike price “reaching up to over 100 vol for strike prices over $100,000 for BTC.” BTC Poised To Hit $80,000 In Late December The report noted that Bitcoin has shown strength despite the increasing volatility. The flagship crypto “has remained resilient” and held its ground compared to the September lows, surging around 30% from last month’s drop. Additionally, BTC closed September, which has historically been a challenging month for the cryptocurrency, with a 7.29% increase, the highest closing for the month on record. The crypto exchange’s report predicted that October’s close could be “less impressive” due to the volatility. Nonetheless, Bitfinex analysts suggested that Q4’s historically bullish seasonality will still favor a positive rally for BTC. Market positioning shows that end-of-year options have seen a considerable rise in call open interest over the last few weeks. BTC is expected to continue experiencing higher-than-average volatility and potentially see deep corrections in the coming days. But the market seems poised for a post-election surge above March’s $73,666 all-time high (ATH). Lastly, call options with a December 27 expiry and an $80,000 strike price have seen a steady build-up, suggesting that this target could be in reach by year-end. As of this writing, BTC is trading at $71,197, a $3.4% increase in the daily timeframe.