Investors got excited as Dogecoin experienced a big price upsurge making it the best-performing cryptocurrency in the last 24 hours after a massive campaign rally by presidential candidate Donald Trump. Dogecoin’s price spiked following the disclosure that the Tesla CEO is being considered as the head of a proposed department. Musk As Gov’t Efficiency Head Former US president Trump, who is eyeing a White House comeback, announced that Tesla CEO Elon Musk will hold a key position in his administration once he emerges triumphant in the upcoming US elections. Trump said that Musk would be the head of a proposed department called the Department of Governmental Efficiency or D.O.G.E. for short, an acronym that bears resemblance to Dogecoin. A similarity analysts viewed sparked the price rally. The Tesla CEO has been making rounds in the country to endorse Trump in his pursuit of getting a second chance at the White House. In a Trump rally in New York City over the weekend, Musk emphasized the benefits of establishing D.O.G.E. He explained that it would generate huge savings for the US government, saying that the new department could trim the annual US budget by $2 trillion. Dogecoin Price Rally Mentioning the planned D.O.G.E. in a Trump campaign sortie reignited the interest in the oldest meme asset. Charts showed that the price of Dogecoin increased by nearly 15% and traded at $0.157 as the crypto becomes the biggest gainer among the top 100 digital currencies by market cap. According to CoinGecko, Dogecoin has been experiencing a price rally hitting $0.16 on Monday, the highest it has ever been since June. The subtle increase in Dogecoin over the last few weeks coincides with Musk’s continuous involvement in Trump’s quest to get re-elected as US president. After the recent shooting incident against Trump, Dogecoin prices climbed up to a level which is even higher than what it is currently experiencing in relation to D.O.G.E. A Portion Of The Coins Are In Top Wallets Analysts said that Dogecoin can provide higher liquidity and abundant centralized listings, saying that the latest breakout pushed the coin’s volume to $2.5 billion. They said that top wallets hold about 21% of all Dogecoin, which is owned by individuals looking for long-term profits. At the time of writing, DOGE was trading at $0.165, up 14% and 16.3% in the daily and weekly timeframes. Meanwhile, market observers noticed that the Dogecoin price uptick has no impact on “dog-themed tokens”. They also noted that several wallets with substantial Dogecoin are seen to be keen on disposing of their digital assets anytime. Featured image from CCN, chart from TradingView

Recent market inflows and dynamics have seen the Bitcoin price breaking free from a 7-month descending broadening wedge pattern. According to crypto analyst Gert van Lagen, Bitcoin’s breakout last week could signal the onset of a major price continuation phase as the bulls aim above the $70,000 mark. Particularly, Van Lagen highlighted that Bitcoin’s ability to successfully retest the upper trendline of this pattern lends strong momentum to the current bullish structure. The descending broadening wedge pattern is a reversal structure in technical analysis, often hinting at a strong trend upon breakout. Bitcoin’s ability to breach the upper trend line reinforces the likelihood of bullish momentum, lending voice to a new all-time high in the coming weeks. Bullish Retest Validates Strong Support For Next Rally At the time of van Lagen’s analysis, the Bitcoin price was retesting a bottom-sloping trend line, which has capped its price rallies since it reached an all-time high of $73,737 in March. By then, Bitcoin had already peaked out of this trend line in the descending broadening wedge and was already on the third candle. As Bitcoin bounced from the upper trend line, van Lagen described this as a “successful bullish retest.” Furthermore, he noted the importance of a bullish trajectory for this pattern, highlighting that the breakout direction is upward 79% of the time. With the Bitcoin price now successfully above this wedge, this next phase could see the cryptocurrency extend its gains and surge above $70,000. As such, the analyst also noted that reaching a new all-time high is essential to fully validating the wave continuation pattern. Key Bitcoin Price Levels To Watch While the breakout and retest offer promising technical signs, van Lagen warned of a critical downside level that traders should monitor. He pinpointed $58,700 as a crucial weekly closing price, below which the bullish structure would be invalidated. In his view, a close below this threshold would disrupt the quick wave five continuation and totally reverse the bullish setup to a new all-time high. Interestingly, Bitcoin has managed to push to the upside since this breakout. Particularly, the cryptocurrency has extended gains and has now broken above $71,000 for the first time since June. At the time of writing, Bitcoin is trading at $71,150, having reached an intraday high of $71,450 in the past 24 hours. As it stands, Bitcoin is only 3.6% away from reaching uncharted price territories. The only key price resistance level to watch at this point would be the current all-time high. Many Bitcoin metrics point to the continuation of bullish Bitcoin price momentum, at least in the short term. The Bitcoin open interest is now at its highest point of $42.6 billion, which relays a high level of trading activity among Bitcoin traders.

As Bitcoin (BTC), the largest cryptocurrency by market capitalization, inches closer to its all-time high of $73,700 reached in March, the US spot Bitcoin ETF market has re-emerged as a key driver of the cryptocurrency’s recent price surge. On Tuesday, total trading volume for spot Bitcoin ETFs surpassed $3 billion, coinciding with Bitcoin’s price briefly above the pivotal $73,000 mark for the first time in over 7 months. Bitcoin ETF Market Set To Surpass 1 Million BTC Holdings Soon Notably, crypto investor BigRig observed a remarkable uptick in Bitcoin ETF purchases over the past two weeks, reporting $2.673 billion in inflows since October 16. This accounts for a substantial 11.8% of total ETF inflows during this period, suggesting a robust interest from institutional and retail investors. BigRig also pointed out that, prior to Tuesday’s trading volume, this period represented the best day for ETF inflows. Bloomberg ETF analyst Eric Balchunas added to the optimistic narrative by stating that US spot ETFs are on track to hold 1 million Bitcoin by next Wednesday, surpassing the holdings of Satoshi Nakamoto, the enigmatic creator of Bitcoin, by mid-December with an average addition of about 17,000 BTC per week. However, Balchunas also cautioned that market volatility could impact these projections. “Anything can happen,” he noted, referencing the possibility of a sudden selloff that could delay the timeline. Conversely, if prices continue to rise and political factors, such as a potential Trump victory in the upcoming election, contribute to increased market enthusiasm, the expert believes that this influx of new investors could accelerate the pace of Bitcoin’s ascent to new highs. Whale Accumulation Spurs Optimism Despite heightened activity in the Bitcoin ETF market, the price of the largest cryptocurrency recently fell short of its all-time high, retracing to approximately $72,250 at the time of writing. However, there are positive indicators for Bitcoin bulls. The cryptocurrency has been consolidating above key support levels, with strong backing around the $66,000 mark. This support has effectively prevented any significant decline over the past week and has contributed to the ongoing rally. However, what would be a notable bullish indicator would be a sustained consolidation above the $70,000 level for the bulls, which could further demonstrate the strength of the current move. Market expert Miles Deutscher has been vocal about his bullish outlook for Bitcoin, particularly in the latter months of the year. He recently pointed out a significant trend: whales—large holders of Bitcoin—are accumulating the cryptocurrency at an “unprecedented pace.” This observation suggests that institutional demand for Bitcoin is currently outpacing retail interest, a shift that could have implications for massive price movements to the upside in the near future. Deutscher further highlighted that Bitcoin exchange reserves have reached all-time lows. This means that the amount of Bitcoin available on exchanges for trading has dwindled, signaling a supply squeeze. Featured image from DALL-E, chart from TradingView.com

In his latest video analysis titled “I Just APED Into This Hidden RWA Altcoin Gem! [20x Potential],” prominent crypto analyst Miles Deutscher unveiled Chintai (CHEX) as his latest high-conviction investment within the Real World Assets (RWA) sector. Deutscher believes Chintai could offer significant upside potential—up to 1,900% (20x)—in the upcoming market cycle. Deutscher has consistently highlighted RWA tokens as one of his top investment narratives, ranking third behind memecoins and AI for this crypto bull run. “When I look at narratives that can actually change the fabric of crypto and really offer a new value add, I think RWA is massive,” he stated. He emphasized the growing appeal of on-chain treasury yields, especially as traditional decentralized finance (DeFi) yields diminish and interest rates decline. The analyst previously capitalized on early investments in ONDO and Mantra (OM), both of which have seen substantial gains. ONDO, for instance, delivered a 7x return from his initial entry point. However, Deutscher now considers these assets to be reaching overvalued territories. “Valuation-wise, though, it’s pretty insane considering the fact that its market cap’s a billion, but it’s fully diluted valuation (FDV) is $7.1 billion,” he said regarding ONDO. Deutscher has been reallocating his capital into what he perceives as undervalued opportunities within the RWA space. Alongside Clearpool (CPOOL), which he mentioned has already gained 42% since his initial disclosure, Chintai (CHEX) stands out as his newest and largest RWA position. “This one I’m also really, really bullish on. It’s tough for me to say if I’m most bullish on this, but it might be the one that I’m most bullish on in the RWA sector,” he remarked. Chintai differentiates itself by being one of the few RWA-focused layer-one blockchains regulated by the Monetary Authority of Singapore (MAS). “If you know Singapore, they are so strict with due diligence. It’s really hard to get a license; they fought for a license and they’ve got it,” Deutscher noted. This regulatory approval positions Chintai to attract significant institutional capital, potentially channeling billions of dollars in total value locked (TVL) onto their chain. The analyst highlighted Chintai’s robust fundamentals, including its extensive list of major clients and partnerships, such as DHC, Finstable, and Greengate. “They are basically a marketplace for tokenization, an L1 blockchain for RWA tokenization,” he explained. The platform has already facilitated over $630 million worth of loans and is set to launch “OZEAN,” a blockchain for RWA yield supported by Optimism, early next year. From a valuation perspective, Deutscher sees substantial upside potential. Chintai currently has an FDV of approximately $250 million, significantly lower than Mantra’s $1.37 billion FDV. “If CHEX—even in a static market without the market growing at all—does a 6x, that’s just now matching Mantra,” he calculated. Considering the potential growth of the RWA market, the upside could be even more pronounced. “What if the RWA market 2x’s? Because I think it’s going to be a very strong narrative next year; then you could be looking at a 14x.” Despite its strong fundamentals, Deutscher acknowledges that Chintai’s lower valuation compared to its peers is largely due to a lack of market awareness. “Why is there that discrepancy despite the fundamentals being just as, if not more strong, for Chintai? Just marketing,” he observed. Mantra has excelled in marketing efforts, attracting considerable attention in the crypto community. “Once Chintai can improve its awareness—and I’m actually giving it more awareness by making this video—that is the only key that it’s missing.” On the technical front, Deutscher finds Chintai’s chart promising. “What I also like from a technical analysis perspective is the fact it’s hovering above this zone, which, if you are technically inclined, you have that technical invalidation,” he said, pointing out the potential for a significant move to previous highs. He remains cautiously optimistic about price targets, emphasizing prudent profit-taking strategies. “I don’t want to get carried away with crazy price targets… I’m never greedy in this market.” Deutscher concludes that Chintai’s combination of regulatory compliance, institutional appeal, and undervalued status makes it a compelling investment. “They can actually attract institutional capital because of the licensing and because of the product they’ve built,” he affirmed. At press time, CHEX traded at $0.2874.

XRP recovers from 8% drop, holding $0.50 support level. Weighted Sentiment turns positive, suggesting market optimism. Price targets: potential rise to $0.60 if momentum sustains above 50 EMA. Ripple (XRP) finds itself at a critical juncture following an 8% decline between October 21-25. While historical patterns suggest such rebounds often prove temporary, current market indicators hint at the possibility of a more sustainable recovery phase as bulls vigorously defend the crucial $0.50 support level. Santiment’s on-chain analysis reveals a significant shift in XRP’s Weighted Sentiment, which has emerged from negative territory into positive readings. This transition typically signals growing market optimism, potentially catalyzing increased demand and subsequent price appreciation. However, market participants should note that sentiment alone may not suffice to drive sustained price growth without corresponding buying pressure. 4-hour chart presents encouraging signs of XRP The 4-hour chart presents encouraging signs for XRP bulls through the Bull Bear Power (BBP) indicator, which measures the balance between buying and selling forces. Current readings suggest buyers maintain control of market momentum, though continued positive BBP values will be crucial for sustaining the upward trajectory and breaking through immediate resistance levels. Source: TradingView Technical analysis of the daily timeframe adds complexity to XRP’s current position. While the cryptocurrency initially showed weakness by falling below the 20-day Exponential Moving Average (EMA) on October 21, bulls have demonstrated resilience by reclaiming the $0.50 support level. This recovery opens the possibility for testing higher resistance zones. Looking ahead, XRP’s price action appears poised to challenge the 50 EMA. A successful breach of this technical barrier could pave the way for advances toward $0.55.

Singapore, Singapore, October 29th, 2024, Chainwire Foresight Ventures, the leading investment firm specializing in Web3 projects, today announced a strategic partnership with Deep Blue, a newly launched Jersey-based stablecoin issuer and Arta TechFin Corporation Limited (Arta TechFin, HKSE: 0279), a Hong Kong listed company via its subsidiaries operating regulated financial institutions and leading blockchain developments. The alliance aims to drive innovation and growth of the Stablecoin and Real-World Asset (RWA) ecosystem Deep Blue is an issuance platform for Stablecoins bringing best-in-class practices and best partners in both digital assets and traditional finance, enabling users to operate across multiple use cases. Arta TechFin will bring in its capabilities as a regulated blockchain financial services provider, collaborating with Foresight Ventures and Deep Blue on Stablecoin and RWA businesses including but not limited to origination, tokenization, market making, and providing liquidity. Julien Bahurel, co-founder of Deep Blue, commented on the partnership: “We are excited to join forces with Foresight Ventures to accelerate our efforts in the Stablecoin and RWA sectors. This partnership represents a significant step forward in our mission to bridge the gap between traditional finance and the emerging blockchain economy; leveraging on key crypto partners, large Asia-based conglomerates and financial institutions. Foresight Ventures, known for its commitment to fostering Web3 projects that promote decentralization and mainstream adoption of cryptocurrency, will provide Deep Blue with strategic collaborations that include media and network resources. This partnership is expected to elevate Deep Blue’s initiatives, bringing them to a wider audience and enhancing their impact on the global financial landscape. Both parties look to leverage off each other’s access to the blockchain and traditional finance ecosystems. Forest Bai, Representative at Foresight Ventures, expressed his enthusiasm for the partnership: “We are thrilled to collaborate with Deep Blue and ArtaTechFin, companies that share our vision of a decentralized future where blockchain and traditional finance coexist seamlessly. Our strategic resources and industry expertise will help Deep Blue scale its ecosystem and make a lasting impact in the stablecoin and RWA domains.” This strategic partnership marks a new chapter for all companies as they work together to pioneer cutting-edge financial solutions that will shape the future of the global economy. For more information , please visit Deep Blue Limited or ArtaTechFin About Foresight Ventures Foresight Ventures is the leading global crypto venture capital firm, managing over $400 million in assets across 100+ 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, Aptos Labs, and TON. Through its premier owned media network, including The Block, 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. For general enquiries, please email: [email protected] Contact Media Team Foresight Ventures [email protected]

Bitcoin is on the verge of a historic move as it pushes toward its all-time highs, surging above the $71,000 mark just yesterday. This breakout has ignited optimism among analysts, who expect further upside in the coming weeks as the US election draws near—a period historically marked by heightened volatility and market shifts. Critical data from CryptoQuant indicates that Open Interest has reached $22.6 billion, with half of these positions held by bears. If Bitcoin continues to climb, this setup creates a high risk of short liquidations, potentially accelerating buying pressure as prices push above $71,000. As momentum builds, the next few days will determine whether BTC can sustain its uptrend or if a consolidation phase below the all-time high will continue. Investors are closely watching these price levels, as a confirmed breakout could signal new highs for Bitcoin. At the same time, a stall might suggest a need for additional consolidation before a larger move. Bitcoin Bears In Serious Trouble Bitcoin bears are now at high risk of forced liquidations as a significant level of short position liquidity hovers above the $71,000 threshold. According to top analyst and macro investor Axel Adler, this scenario could ignite a powerful rally if short positions start liquidating en masse. Creating momentum that propels BTC beyond its all-time highs. Adler shared a CryptoQuant chart on X, noting that Bitcoin Open Interest has surged to $22.6 billion, with half of these positions held by bears. In his analysis, Adler emphasizes that the current market structure is poised for a major squeeze. “There’s no need to hesitate in liquidating short positions to drive the price up,” Adler states, suggesting that a cascade of liquidations above $71,000 could act as a launchpad for Bitcoin, taking it into uncharted price discovery levels. This process, known as a “short squeeze,” occurs when overleveraged short holders are forced to close their positions, resulting in large buy orders that send prices even higher. If this scenario unfolds, Bitcoin wouldn’t be the only one benefiting. As BTC leads the market, a rally past previous highs could signal a fresh cycle for the entire crypto space. Altcoins typically follow Bitcoin’s lead, and the spillover effect could fuel a comprehensive bull run, with new highs across multiple assets. Investors are watching closely, as such a move could renew interest and investment in the crypto market, drawing in retail and institutional capital. With BTC on the edge of price discovery, the next few days may prove pivotal in shaping the market’s direction. BTC Testing Cruial Supply Bitcoin is testing a supply zone at $71,200, brushing up against the last resistance level before reaching its all-time high. Bulls appear firmly in control, with price action signaling a likely breakout above this level in the coming days. Breaking and holding above the $70,000 mark remains critical. This psychologically significant level reinforces bullish sentiment, encouraging more buyers to enter the market. However, a temporary retracement to gather liquidity at lower demand levels would benefit Bitcoin’s uptrend. A dip toward the $69,000 level, or even down to $66,500, would still align with a bullish outlook. It could attract further interest and create a healthier base for the next rally. These areas would allow Bitcoin to gather liquidity before making a stronger push toward new highs. Traders are watching, knowing that a sustained move above $71,200 could pave the way for price discovery beyond all-time highs. A successful breakout could trigger renewed momentum across the market, sparking a broader bull run as Bitcoin leads the charge. Featured image from Dall-E, chart from TradingView

Bitcoin’s recent bullish momentum has sparked optimism among traders and investors, as the cryptocurrency edges closer to its all-time high. Following a significant recovery, Bitcoin is once again climbing, with the pivotal $73,811 mark in sight. This renewed upward movement signals a potential breakout, raising the question: could Bitcoin be on the verge of a historic rally? With key indicators turning positive and confidence building in the market, BTC’s journey toward its record high could pave the way for a new chapter in its remarkable ascent. Specifically, this article aims to explore Bitcoin’s recent upbeat momentum and its implications for reaching new heights. Furthermore, by analyzing key technical indicators, market sentiment, and resistance levels, this article seeks to provide readers with insights into Bitcoin’s potential path to its all-time high, evaluating whether a breakout past $73,811 is on the horizon. The Road To Recovery: Bitcoin’s Recent Bullish Momentum After a recent recovery at $65,082, BTC’s price on the 4-hour chart has steadily gained strength, edging closer to its all-time high of $73,811 with an eye on a potential breakout. Trading above the 100-day Simple Moving Average (SMA), BTC shows a strong upward trend that supports the possibility of surpassing this record level. Meanwhile, an analysis of the 4-hour Relative Strength Index (RSI) reveals promising potential for continued upward movement, as the RSI has recently surged from the neutral 50% mark to 77%. Typically, the RSI’s movement toward the 77% level is seen as a strong bullish indicator, suggesting that buyers remain in control, potentially paving the way for further upward price action. If this trend persists, it could indicate that BTC’s rally is well-supported by investor confidence and positive sentiment. Also, on the daily chart, Bitcoin has demonstrated solid upward movement, highlighted by several bullish candlesticks after a successful rebound from the $65,082 level. This recovery has kept BTC trading above the 100-day SMA, underscoring sustained buying strength and a positive trend continuation. Finally, on the 1-day chart, a detailed examination of the RSI formation indicates renewed upbeat strength for Bitcoin as the indicator’s signal line has risen again to 68% after dropping to 55%, suggesting a sustained optimistic outlook. A rise to the 68% level usually signifies that BTC is experiencing increased buying pressure, as traders are becoming more hopeful about its future price performance. What A Breakout Above $73,811 Could Mean For Bitcoin A breakout above the $73,811 resistance level could mark a crucial turning point for Bitcoin’s future. Clearing this key threshold would not only strengthen bullish sentiment among investors but is also likely to spark a new wave of buying activity, driving prices higher in the pursuit of a new all-time high. Nonetheless, if BTC fails to break above the $73,811 level, it may start to decline again towards the $65,082 support level. Should this support level be breached, it could lead to additional downward momentum, potentially pushing the price toward $60,152 and other lower ranges.

The Dogecoin price could soon reach the highly coveted $1, a milestone that many low-priced meme coins aspire to achieve. Taking this into consideration, a crypto analyst has unveiled a new technical pattern in the Dogecoin price chart called the ”Descending Megaphone.” The analyst has suggested that if Dogecoin can break out of this distinct pattern, it could set the stage for a significant rally to higher price targets. Dogecoin Price Eyes $1 Breakout Trader Tardigrade, a crypto analyst on X (formerly Twitter) has pointed out that the Dogecoin daily candle has just closed with a breakout into a “Descending Megaphone pattern.” While this unique technical pattern is a sign of increasing volatility especially during a downtrend, a break above the upper boundary of this chat pattern could indicate a potential upward move. In the case of Dogecoin, if its price can move beyond the upper line of the Descending Megaphone pattern, it could signal the start of a huge rally. For more clarity, a Descending Megaphone is a bullish chart pattern formed by two diverging trend lines, with the upper line representing the resistance and the lower indicating support. The pattern typically looks like a megaphone with a downward tilt. According to Trader Tardigrade, despite entering this unique chart pattern, the Dogecoin price has been showing signs of strength and momentum on the daily chart. Looking at the meme coin’s daily chart, the analyst has set a price target of $0.2, predicting that Dogecoin could rise to this level as part of its price action within the Descending Megaphone pattern. Trader Tardigrade has shared that he is closely observing how the Dogecoin price behaves within this new pattern formation, paying particular attention to any movement towards the upper boundary of the Descending megaphone. Responding to his bullish predictions, a crypto community member remarked that a $1 price target remains a highly anticipated dream for Dogecoin Trader Tardigrade replied, asserting that this ambitious and coveted price target is no longer a dream for Dogecoin. Bitcoin Price Discovery To Influence DOGE Rally Following his price forecast for Dogecoin, another community member suggested that the Dogecoin price may not reach the $1 target set by Trader Tardigrade without Bitcoin undergoing a price discovery. To this, the analyst simply responded “step by step.” The Bitcoin price discovery has been a central topic amongst various crypto analysts in the market lately. Notably, a crypto analyst identified as ‘Crypto Feras’ disclosed that if Bitcoin can break through critical price resistance levels, it could potentially revisit the $72,000, ultimately leading to a price discovery and an immense bullish situation. Considering that a Bitcoin bull run often precedes bullish movements for other cryptocurrencies, Trader Tardigrade has affirmed that after a price discovery, the Dogecoin price could enter a major rally. As of writing, the Dogecoin price was trading at $0.164, marking a staggering 13.72% increase in the last 24 hours, according to CoinMarketCap.

In 2020, an enterprising small business owner from Ohio was exploring avenues to diversify her revenue streams and came across Polkadot (DOT). At that time, Polkadot was priced at just $4 per coin. With a decision to place her trust in this emerging technology, she began acquiring DOT regularly. This choice proved to be transformative for her financial status. From an initial allocation of $2,000, her assets soared into the millions within a few years, illustrating the potential for substantial returns from early participation in promising crypto projects. Today, BlockDAG (BDAG) presents a similar prospect. This newcomer in the crypto arena has already delivered remarkable gains of 2100% to its early participants in just a few months. Polkadot’s Journey: Small Allocation, Significant Returns When the Ohio business owner started acquiring Polkadot, it was relatively unknown outside of dedicated crypto circles. Yet, she saw potential in this innovative blockchain project and opted to acquire a stake. Initially risky at $4 per coin, her gamble paid off handsomely. As Polkadot gained recognition and began attracting institutional attention, its value increased significantly. By 2024, the value of her Polkadot holdings had increased exponentially, turning her modest purchase into over $200,000. Polkadot’s success serves as a powerful example of how early engagement with well-founded cryptocurrencies can yield remarkable growth. It demonstrates that digital assets, when underpinned by robust technology and compelling use cases, can evolve into highly lucrative opportunities. BlockDAG: The Crypto’s Future In 2024, BlockDAG is emerging as a formidable force in the cryptocurrency market, potentially delivering significant returns. It’s rapidly gaining acclaim as the crypto to watch, having raised over $105.5 million through the sale of 14.6 billion BDAG coins in just a few months. Early supporters have experienced a remarkable 2100% increase in value as the price of BDAG rose from $0.001 in the initial batch to $0.022 in the latest presale. However, the allure of BlockDAG extends beyond impressive presale figures. Its cutting-edge technology seamlessly integrates the speed and scalability of Directed Acyclic Graph (DAG) with the robust security typical of traditional blockchain frameworks. This innovative, dual-layered approach effectively addresses the longstanding blockchain trilemma: ensuring scalability, security, and decentralization without compromise. The outcome is a robust infrastructure that is attracting interest from developers, institutional traders, and the broader crypto community. What distinguishes BlockDAG is its tangible utility and emphasis on sustained growth. With an anticipated earlier-than-expected mainnet launch and keen interest from top-tier exchanges to list BDAG, the project is on a clear path toward widespread adoption. Market experts suggest that BDAG could potentially reach $20 by 2027 and $30 by 2030, positioning it as one of the most promising digital assets currently available. Why BlockDAG Could Be the Next Polkadot Echoing Polkadot’s trajectory from relative anonymity to market dominance, BlockDAG is carving a similar path. While Polkadot’s mission focused on interconnecting diverse blockchains, BlockDAG addresses the growing demand for high-speed and scalable solutions in an increasingly digital transaction-driven world. Early adopters of Polkadot realized significant returns, a pattern that is currently repeating with BDAG holders. A key attribute of BlockDAG is its capability to manage large transaction volumes without compromising security— a crucial feature in today’s environment where scalability challenges continue to plague established blockchains like Bitcoin and Ethereum. The initial success of BlockDAG’s presale and its achievements on the testnet set the stage for further growth. With the impending launch of its mainnet, the potential for significant expansion becomes even more tangible. The BlockDAG Opportunity: Why Now Is the Time BlockDAG’s rapid ascent is driven by its innovative solutions, successful presale, and a solid base of support. Drawing parallels to Polkadot, which delivered substantial returns to its early backers, BlockDAG is poised to replicate this success. For those who missed earlier opportunities in the crypto boom, BlockDAG presents a timely chance to engage with a project poised for significant impact. With the presale already surpassing $105.5 million and the mainnet launch on the horizon, BlockDAG offers an opportunity to be part of what could be the next major narrative in the crypto industry. Join BlockDAG – Act Now Before Prices Increase: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu 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 crypto market is consistently bustling with fresh opportunities. Ethereum Classic (ETC), for instance, shows positive price movement and Stellar (XLM) is advancing its cross-border payment system, expanding its market reach and potential. But among these trends, BlockDAG (BDAG) garners heightened attention as its presale skyrockets past $105.5 million. With the recent addition of Jeremy Harkness as Chief Technology Officer (CTO), the BlockDAG ecosystem is positioned for potentially impactful developments. For those looking for new gains, these three top cryptocurrencies bring substantial possibilities, each contributing uniquely to the financial future. Ethereum Classic (ETC) Price Forecast: What’s Next? Ethereum Classic (ETC) continues to captivate interest, with signs indicating momentum gains. Analysis of the daily chart shows an uptrend, although a recent pullback to a local support level might present a favorable point for buyers to re-enter. Should this level hold, a rebound may be imminent. Interestingly, short sellers currently dominate 54.6% of the ETC market, adding an intriguing layer to its market dynamics. The forecast for Ethereum Classic suggests that renewed interest and whale activity may further stimulate upward movement. Since October 9, the concentration of large holders has increased to 57%, underscoring sustained commitment by significant players in the ETC market. Stellar’s Potential: Can XLM Reach New Heights? Stellar (XLM) holds substantial potential, particularly with its dedication to streamlining cross-border payments. Although it hasn’t yet reclaimed its all-time high of $0.93, the network continues to grow. Partnerships like MoneyGram bolster Stellar’s goal to enhance its utility and adoption on a global scale. External market factors, especially Bitcoin’s influence on the broader crypto landscape, play a crucial role in Stellar’s trajectory. As altcoins typically track Bitcoin’s market trend, XLM holders keep a close eye on BTC’s movement. Nonetheless, network improvements and expanding partnerships may strengthen Stellar’s potential in the coming years. BlockDAG Appoints New CTO; Presale Surges to $105.5M BlockDAG is making waves in the blockchain industry and rapidly positioning itself as a top pick in the crypto market for 2024. With its presale already exceeding $105.5 million, this rising platform is showing signs of popularity and robust growth within the community. This surge suggests that blockchain enthusiasts and developers alike are beginning to recognize the significant potential BlockDAG brings to the table. Far from being just another entrant in the cryptocurrency space, BlockDAG’s advanced capabilities are turning heads across the blockchain community. Its technology stands out with an approach designed to handle a higher volume of transactions while ensuring optimal data security. This makes it an attractive solution for meeting the growing demands of today’s digital economy, where transaction speed and security are paramount. Adding to the excitement is the recent appointment of Jeremy Harkness as BlockDAG’s new Chief Technology Officer. Known for his extensive blockchain expertise and his track record of driving tech teams toward groundbreaking achievements, Harkness is well-suited to lead BlockDAG’s technological developments. His leadership promises to bring innovations that could further strengthen BlockDAG’s position in the crypto sphere and keep it at the forefront of tech advancements. BlockDAG’s early backers have already seen returns of up to 2100%, with some analysts forecasting potential gains as high as 30,000x. With the current price sitting at just $0.022 and expected to rise, this could be an opportune moment to consider this platform for substantial future rewards. Key Takeaways: Top Cryptos For 2024 Ethereum Classic (ETC) is showing growth potential, while Stellar (XLM) continues to enhance its cross-border payment solutions, solidifying its market presence. Yet, BlockDAG leads the pack with its presale surpassing $105.5 million and its appointment of Jeremy Harkness as CTO. His wealth of experience could play a pivotal role in shaping BlockDAG’s future. For those keen on promising opportunities, overlooking BlockDAG may mean missing out on a compelling chance in the crypto market. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

SOL reaches $180, first time since July. Chaikin Money Flow at 0.28 and MFI above 80 suggest overbought conditions. Price targets: potential retreat to $161.81, or direct push to $200 if $185 breaks. Solana (SOL) has achieved a major milestone, touching the $180 mark for the first time since July, sparking widespread speculation about its potential to reach $200. While this surge demonstrates impressive momentum, technical indicators suggest the possibility of a consolidation phase before further advances. The Chaikin Money Flow (CMF) indicator provides crucial insight into SOL’s current market dynamics. Reading 0.28, the CMF has entered overbought territory, surpassing the typical threshold of 0.20. While this level confirms strong buying support for the recent price movement, it also signals potential exhaustion in buying pressure. A price correction for Solana is impending Complementing the CMF’s warning signals, the Money Flow Index (MFI) has exceeded 80.00, further confirming overbought conditions. This technical setup traditionally suggests that a price correction or consolidation phase may be necessary before continuing upward momentum. Source: TradingView Daily chart analysis reveals Solana’s successful breakout from an ascending triangle pattern, with price action retesting the $180 level. However, the $185 supply zone looms as a significant hurdle, having previously triggered a 30% correction. This historical resistance level could force a retracement to $161.81 before any sustained push toward $200. Despite these cautionary signals, the possibility of a direct move to $200 remains if bulls can decisively breach the $185 resistance level. Such a scenario would require sustained buying pressure and likely coincide with broader market strength.

The crypto market is heating up, with Bitcoin on the brink of all-time highs and anticipating a major breakout across assets. Cardano (ADA) is also at a critical juncture, showing striking similarities to its price action in 2020—a year that saw ADA skyrocket by over 4,000% in under 12 months. Renowned analyst Ali Martinez recently shared a technical analysis comparing ADA’s current market structure to November 2020. According to Martinez, ADA’s recent consolidation around key levels could set the stage for a significant upward surge, particularly following the upcoming U.S. election. Martinez’s analysis highlights Cardano’s pattern of explosive growth after periods of accumulation and points to the potential for a strong rally if Bitcoin breaks new highs. Investors are now closely watching ADA’s price movement, eager to see if it can replicate its historic bull run. As the market prepares for a possible shift, Cardano’s performance in the coming weeks could offer insight into broader altcoin momentum in this cycle. The next moves could be decisive, making ADA one to watch in the rapidly evolving crypto landscape. Cardano Following 2020 Bullish Pattern Cardano has captured the attention of analysts and investors who see its current consolidation as a possible signal of accumulation, hinting at a strong move up ahead. Well-known analyst Ali Martinez recently shared a technical analysis on X, comparing Cardano’s current price behavior and its pattern in 2020—a year in which ADA experienced an extraordinary 4,000% surge. According to Martinez, Cardano’s price action is displaying a similar setup, suggesting the possibility of a breakout around November 18, roughly two weeks after the U.S. elections. This timeline aligns with historical patterns, where ADA consolidates before explosive upward moves. Martinez’s analysis points to a long-term bullish target of $6.30, representing a potential 2,000% increase from current levels. He anticipates that if it materializes, this rally could lead to a market top for Cardano around September 2025. This prediction is based on ADA’s cyclical price trends, where significant rallies have historically followed periods of low volatility and accumulation, driven by market sentiment and broader crypto adoption. Many investors are now watching ADA closely, as such a rally would not only be significant for Cardano but could signal a broader bullish momentum across altcoins. Cardano’s current price level has attracted a mix of institutional and retail investors seeking opportunities before what could be a substantial move. With both on-chain data and technical indicators supporting a bullish outlook, ADA’s upcoming price action may set the tone for the altcoin market in the coming months. If history repeats, Cardano could be primed for one of its most powerful surges, attracting new interest and capital into the ecosystem. ADA Technical Levels Cardano is trading at $0.346 after experiencing a clear rejection from the 4-hour 200 exponential moving average (EMA) at $0.351. This key level has been pivotal, as a break above it and holding it as support would signal a potential shift toward a short-term uptrend. For bulls aiming to regain control over ADA’s price action, establishing a firm foothold above the 200 EMA is essential, as it would likely attract buying interest and strengthen upward momentum. Additionally, the $0.37 supply zone presents another significant hurdle for ADA, as bulls have struggled to reclaim this level since early October. This resistance zone has repeatedly capped price action, indicating that substantial buying pressure is necessary to break through and sustain gains beyond this mark. A bullish trend could gain traction if ADA breaches the 200 EMA and the $0.37 supply zone. However, if these levels remain unclaimed, ADA’s price is likely to continue consolidating sideways in the near term. Such a pattern would allow the market to stabilize and potentially attract fresh demand before attempting another breakout, though it may delay any significant upward movement for ADA. Featured image from Dall-E, chart from TradingView

Dubai, UAE, October 29th, 2024, Chainwire PAID Network ($PAID), a leading decentralized token crowdfunding platform, is thrilled to announce the launch of an exclusive Low FDV Community Offering (LCO) for Blast Royale, a Tier 1 blockchain game backed by industry giants such as DragonFly Capital, Mechanism Capital, and Animoca Brands. With over 1 million app downloads, 30,000+ daily active users, and a vibrant community exceeding 220,000 members, Blast Royale aims to make a significant impact in early November through PAID’s platform alongside over a dozen other projects that have committed to this initiative. Pioneering a Community-First Investment Model In a move set to redefine the blockchain investment landscape, PAID Network is introducing a first-of-its-kind community-centric investment model that, according to PAID, directly addresses the longstanding issues of low float and high Fully Diluted Valuations (FDVs). By offering Blast Royale at a low $10 million FDV—substantially lower than the last round at $48m FDV —PAID is putting the community at the forefront, ensuring early investors have the potential for wealth generation at a large discount compared to other rounds. (Blast Royale’s previous rounds led by Animoca Brands, & Mechanism incl. 2022 FDV of 33.7M and Early 2024 FDV of 48M). Kyle Chassé, Founder of PAID Network, stated: Addressing the Low Float High FDV Issue According to PAID Network’s data, the traditional “low float, high FDV” model has been a persistent problem in the Web3 space. Projects often launch with a small circulating supply (low float) and an inflated FDV, leading to: Imbalanced Token Distribution: Early venture capitalists hold large portions of tokens, leaving retail investors at risk of being sold on by large holders. Price Volatility: Limited token availability can cause extreme price fluctuations, making the tokens unstable and discouraging market participation. Community Disengagement: Retail investors feel disadvantaged, leading to decreased trust, participation, and poor community sentiment. PAID Network’s LCO model is designed to solve these issues by: Offering Lower FDVs: By securing project offerings at significantly reduced valuations, the community gains access to investment opportunities that were previously out of reach. Ensuring Fair Token Distribution: The LCO promotes wider token distribution among community members, fostering a more balanced and stable market. Aligning Incentives: Projects benefit from an engaged community committed to long-term success rather than short-term speculative gains with the goal of bringing back strong community associations. Users can register here for the sale starting on the 6th/7th Nov: https://link.paidnetwork.com/Register A Major Rebrand Reflecting Community-First Values Alongside the LCO for Blast Royale, PAID Network has undergone a transformative rebrand and UX/UI overhaul. This evolution reflects PAID’s commitment to being a community-first crowdfunding platform, emphasizing a theme of financial freedom and prosperity for all. New Site Commenting on the vibrant new identity, Kyle added: Innovative Features Enhancing the Crowdfunding Experience By pioneering a community-centric investment model, PAID is working to redefine the crowdfunding landscape through its several groundbreaking features in their upcoming updates, including: Gamified Crowdfunding: Leaderboards, challenges, and rewards allow retail investors to earn perks by actively participating. Account Abstraction: Simplifies onboarding for non-crypto natives, removing the complexity of crypto wallet management. Community Impact Score: A merit-based ecosystem where holders of PAID’s native token and projects launched earn points to access exclusive rewards & opportunities. Real-Time State of $PAID economy: Users can track the $PAID Flywheel and the upcoming buy-back, burns, and airdrops in real-time. Multi-Chain Single Click Swaps: Seamless cross-chain integration makes trading and investing more accessible than ever. Community Fund: PAID’s DAO will be launched to empower the community with key voting and decision-making responsibilities regarding future project investment opportunities. [Features to be rolled out Q4 2024] About PAID Founded in 2021, PAID is a decentralized crowdfunding platform that connects innovative projects with investors. By ensuring a secure, transparent, and community-first crowdfunding experience, PAID has become the leading global investing platform for Web3 projects. To date, PAID has facilitated over $35 million in capital across 110 investments and is integrated with over ten blockchain networks. With a thriving community of over 250,000 members, users can stake the $PAID token to unlock various benefits, including rewards, buyback & burn mechanisms, and governance participation. The $PAID community fund invests in exclusive early-stage deals, distributing returns to loyal users. PAID Socials X | Telegram Community Channel | Telegram Announcement Channel | Discord | Medium Contact Justin Chevalier [email protected]

By integrating Gaia’s AI Agent deployment framework with EigenLayer’s AVS security, developers can now build more secure, robust, incentive-aligned AI systems. Gaia, a decentralized, open-source AI infrastructure platform, is partnering with EigenLayer to integrate Gaia’s AI services with EigenLayer’s Active Validator Services (AVS) framework. This collaboration will enhance AI inferencing, enable multitoken staking, and deliver advanced security for decentralized AI applications. Gaia’s AI agents will integrate with EigenLayer’s AVS validators to monitor and provide security for nodes on the Gaia network. This system will ensure the accuracy of AI model updates, proper execution of AI tasks, and consistent node performance and uptime. Additionally, the partnership with EigenLayer will verify that AI Agents deployed on the Gaia network are behaving in a way that encourages positive actions across the network. By leveraging EigenLayer’s security infrastructure, Gaia can ensure that its AI tasks and models are safeguarded within a decentralized and secure environment. “At Gaia, we see AI’s future rooted in decentralization, security, and shared innovation,” said Matt Wright, CEO of Gaia. “Our collaboration with EigenLayer strengthens this vision by combining Gaia’s decentralized AI infrastructure with EigenLayer’s advanced security model. Together, we’re enabling developers to build intelligent, secure, and scalable applications that prioritize both transparency and community engagement within a trusted ecosystem.” The partnership will also allow for integrations between Gaia’s AI framework and EigenDA, a decentralized data availability network. This integration will enable shared datasets to be used for AI inference, improving both speed and accuracy. EigenLayer has already implemented a Gaia integration to filter user-submitted ideas on the EigenDA feedback board, demonstrating the practical impact of this collaboration. Gaia and EigenLayer will offer tools and SDKs to facilitate the deployment of AI-powered decentralized applications. These resources will allow developers to quickly and easily deploy AI dApps using both Gaia and EigenLayer, benefiting from streamlined, one-click deployment and security via EigenLayer’s AVS. By integrating with EigenLayer, Gaia aims to allow developers to build more secure and scalable AI-driven applications. To stay up-to-date on developments and opportunities through Gaia, follow Gaia on Twitter @Gaianet_AI and visit the website: www.Gaianet.ai. About Gaia Gaia is a pioneering decentralized AI platform dedicated to transforming knowledge into a dynamic, secure, and collaborative ecosystem. By addressing the issues introduced by centralized AI solutions, such as censorship, bias, and IP infringement, Gaia offers a knowledge-sharing ecosystem and foundation for new applications that protects information and rewards knowledge sharers. With a commitment to privacy, adaptability, and collaboration, Gaia is redefining the future of AI, making knowledge a vibrant, protected, and accessible resource for all. Website: www.Gaianet.ai Github: https://github.com/Gaia-AI Twitter: @Gaianet_AI About EigenLayer EigenLayer is a decentralized re-staking protocol that enhances the security and scalability of blockchain ecosystems by allowing Ethereum validators to extend their security guarantees to additional networks and services. By leveraging the existing Ethereum staking infrastructure, EigenLayer enables developers and decentralized applications to benefit from Ethereum’s robust security without the need to establish separate validator networks. Website: eigenlayer.xyz Twitter: @eigenlayer MEDIA CONTACT: Melrose PR [email protected] (310) 260-7901 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 Bitcoin price has surged past the $71,000 mark today. Over the past five days, Bitcoin’s price has rallied by more than 8.5%, climbing from $65,600 to as high as $71,118 on October 29. In the last 24 hours alone, the BTC price has increased by 3.8%. This upward momentum can be attributed to four key factors: #1 Bitcoin ETFs Attract Massive Inflows The surge in Bitcoin’s price is closely linked to substantial inflows into Bitcoin Exchange-Traded Funds (ETFs). Yesterday witnessed massive ETF flows totaling $479.4 million. BlackRock led the inflows with $315.2 million, followed by Fidelity at $44.1 million, Ark with $59.8 million, and Bitwise at $38.7 million. These significant investments coincided with Bitcoin’s price movement from $68,000 to over $71,000. Leading on-chain analyst James “Checkmate” Check highlighted a divergence between Bitcoin ETF inflows and CME Open Interest. He noted “We have a divergence between Bitcoin ETF Inflows and CME Open Interest. ETF Inflows are ticking meaningfully higher, CME Open Interest is up, but not as much GBTC outflows are also minimal. We’re seeing true directional ETF inflows, and less so cash and carry trades.” The divergence suggests that investors are favoring direct exposure to Bitcoin through ETFs rather than engaging in cash and carry trades involving futures contracts. The carry trade strategy in the context of US spot Bitcoin ETFs and CME futures involves buying the ETF (tracking the spot price of Bitcoin) and simultaneously shorting Bitcoin futures on the CME. This approach aims to capitalize on price differences when futures trade at a premium to the spot price (contango). The notable shift toward ETFs indicates a bullish sentiment among investors, anticipating further price appreciation. #2 The “Trump Trade” Political developments are also influencing Bitcoin’s recent rally. Singapore-based QCP Capital commented on the impact of former President Donald Trump’s interview on the Joe Rogan Experience podcast, which has gained over 32 million views and driven his Polymarket odds above 66%. Despite “crypto” being touted as the “Trump Trade,” Bitcoin’s correlation with Trump’s potential election victory seems to fuel the Bitcoin price rally. QCP Capital also noted that Bitcoin is up only 8% this “Uptober,” compared to an average of 21% in previous Octobers. They stated, “If spot holds at these levels, this October would mark Bitcoin’s fourth-worst performance in the past decade.” With total BTC perpetual futures open interest across exchanges standing at $27 billion—approaching this year’s peak—a breakout above $70,000 could trigger new all-time highs, especially with more leveraged longs joining in. #3 Shorts Squeeze Amplifies Price Surge Market data indicates a significant shorts squeeze contributing to Bitcoin’s price spike. According to Coinglass, in the past 24 hours, 65,622 traders were liquidated, with total liquidations across the entire crypto market amounting to $228.51 million. Of this, $169.47 million were short liquidations. Specifically for Bitcoin, $83.61 million in shorts were liquidated. The largest single liquidation order occurred on Binance’s BTCUSDT pair, valued at $18 million. The substantial liquidation of short positions suggests that many traders were betting on a price decline and were forced to close their positions as the market moved against them. This mass unwinding of shorts can accelerate upward price movements as traders buy back into the market to cover their positions. #4 Whales Increase Buying Activity Large-scale investors, often referred to as “whales,” are playing a pivotal role in the current rally. CryptoQuant analyst Mignolet observed that Bitcoin’s rally continues, led by activity on the Binance exchange. He pointed out that Binance whales began significant involvement in the market two weeks ago during Asian trading hours, and recent declines in the Coinbase Premium Gap (CPG) alongside price increases are “a clear sign of Binance whales’ intervention. Mignolet emphasized that this should not be interpreted as a decline in US demand, but an even stronger buying pressure from Binance. Over the past two weeks, demand for US Bitcoin spot ETFs has surged, with a net inflow of approximately 47,000 Bitcoin. Since most ETF products use Coinbase, movements in CPG data are closely tied to ETF demand. He concluded, “The current Bitcoin price is being driven by Binance whales, with sustained inflows of US capital.” At press time, BTC traded at $71,340.

As of now, Toncoin (TON) is sitting at $5.22. However, there is increasing bearish pressure, which suggests that the price of TON could drop to the $2 range. Several underlying reasons, both technical and market-based, are contributing to this falling trend, as investors are becoming disillusioned with the prospects of TON in the near term. The Red Flags Set to Push Toncoin To Lower Levels A major contributor to this potential steep decline is market sentiment, which has largely shifted to the bears. Recent price action suggests that the support level around $5 could be breaking down and moving towards lower support levels of around $4.50. If Toncoin is unable to maintain this higher support level, it opens the price to head downward towards $2 very quickly. Using technical analysis, it can be seen that Toncoin is following a distinct price structure known as a bearish divergence. This is a situation where the price is depicting higher peaks, but an indicator such as the RSI is showing lower peaks. This implies that the bullish force is losing steam, making it likely that this will lead to some sort of price correction. Buying pressure under volume analysis also appears to be lower, further supporting the argument that the price of the asset is likely to head down in the near future. Unfortunately, external factors are also at work in Toncoin’s struggles. Beyond market volatility enabled by interest rate hikes, the current economic structure and asset rotation trends among investors are pushing TON even deeper into the bearish zone. With both institutional and retail investors shifting focus to safer investments, the liquidity needed to uphold Toncoin’s price may be reduced. Rexas Finance (RXS): An Alternative Worth Looking Into With the short-term outlook of Toncoin looking bleak, the surge of Rexas Finance (RXS) offers optimism for investors looking to make better returns. RXS is looking like a game-changer in the crypto industry with its quality approaches to the tokenization of real-world assets (RWA). What Makes Rexas Finance a Better Option: Tokenization of Real World Assets (RWA): RXS highlights real estate, precious metals, and commodities that are now on the blockchain for fractional ownership by the ordinary person. This feature enables people to make investments that are no longer exclusive to rich institutions or individuals and is more people-friendly. Token Builder: Among the features that make Rexas Finance stand out is its ability to create tokens, allowing users to easily tokenize real-world assets. Be it real properties or valuable commodities, the Token Builder performs its function, making RXS highly practical for common use. A Launchpad for Raising Funds: The launchpad offered by Rexas Finance is designed for businesses and developers, allowing them to raise funds for their projects. This feature provides the opportunity for decentralized fundraising, enabling individuals to invest in businesses with potential or in revolutionary tokenized assets. Rexas Estate: The Rexas Estate platform allows investors to easily tap into the real estate asset class without much struggle. Users can participate in fractional ownership, investing in shares of properties worldwide without the constraints of high capital outlay or geographical barriers. Total Accessible Market: Rexas Finance aims to bridge the gap between conventional finance and the blockchain ecosystem. Focused on real-world assets, the potential total accessible market is enormous, anchored in the trillion-dollar real estate, gold, and commodities markets. This provides a sound base for RXS’s growth. ERC20 Token and Supply: Rexas Finance operates as an ERC20 token, making it functional on every Ethereum-based platform. The RXS tokenomics are formulated to guarantee the ecosystem’s long-term success by controlling supply, with a robust presale already underway. 6x Returns and More: In the presale phase, Rexas Finance has raised $4.2 million, with expectations of 6x returns upon launching the project. For investors seeking rapid growth, Rexas Finance is more practical compared to Toncoin, with its dim growth prospects. Some experts even predict the possibility of achieving a 10,000% total return by 2025, making it one of the most successful tokens in the market. Conclusion: Rexas Finance Over Toncoin Rexas Finance (RXS) continues to surge, despite Toncoin plummeting dangerously towards $2. Rexas Finance has excellent opportunities in the tokenization of real-world assets, offering a wide range of features including a token-building and launching platform, and a real estate market. Do not forget that RXS is on the rise and will bring noticeable profits to its early investors. Toncoin may face challenges in the near future in terms of technology and competition, but with Rexas Finance, the strong presale, comprehensive features, and clear strategy place it in the top tier of potential projects. By all standards, Rexas Finance is the better option for investors seeking long-term returns. About Rexas Finance :- Website: https://rexas.com Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

Crypto.com’s trading volume jumped to $134B in September. The platform listed 378 tokens, outpacing its rivals in the market. Crypto.com has significantly grown digital asset trading in 2024, surpassing Coinbase Global Inc. in trading volumes across North America. The firm recorded a monthly spot trading volume of $134 billion in September. This marks a significant surge from $34 billion in July, nearly a fourfold rise in two months. Collectively, the North American exchanges processed $183 billion in trading activity during September. Coinbase managed to record a trading volume of $46 billion. Besides, the trend has prolonged over to October, with Crypto.com registering $112 billion of the total $173 billion in trading volume of the region. Since overtaking Coinbase in July, Crypto.com has maintained its dominance through the current month. On the other hand, the third-largest exchange Kraken, remarkably lagged with $10 billion in trading activity in October. It’s crucial to note that one of the major reasons behind Crypto.com’s growth is its token offerings, listing over 378 tokens. These tokens include major crypto assets like Bitcoin (BTC), Ethereum (ETH), ecosystem tokens, and meme coins. In addition, Coinbase and Kraken offer fewer than 290 tokens on their platform, which made Crypto.com an option for traders aiming for diverse investment opportunities. The firm’s dominance has aligned with the lawsuit filed against them by the US Securities and Exchange Commission (SEC) after receiving a Wells Notice. It suggests the regulator’s intention to sue the exchange for operating as an unregistered broker-dealer and securities clearing agency. Highlighted Crypto News Can Cardano (ADA) Stage a Bullish Breakout Prior to November?

Gemini received in-principle approval from Singapore’s MAS for a major payment institution license. The MPI license would enable Gemini to provide regulated cross-border transfers and digital payment services in Singapore. The cryptocurrency exchange Gemini, led by the Winklevoss Twins, has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its Major Payment Institution (MPI) license. According to Tuesday’s announcement via a blog post, the crypto exchange gained the green light under Singapore’s Payment Services Act 2019, which will allow the platform to provide secure and regulated cross-border money transfer and digital payment services. Additionally, Winklevoss Twins’s exchange can be able to offer digital payment solutions to Singapore’s 6 million residents via the current in-principle approval. By receiving this IPA, Gemini expanded its footprint in one of its largest markets outside of the U.S. Since establishing a regional hub in Singapore, Gemini has prioritized localizing its offerings to the unique needs of its customers in the region. Now, Singapore has become Gemini’s second-largest customer base in terms of demographics. Still, Gemini operates in over 70 countries globally, particularly in the Asia-Pacific region. Gemini’s Regulatory Hurdles Despite its international expansion, Gemini’s primary operations and headquarters remain in the United States, where it has encountered regulatory hurdles. Notably, the U.S. Securities and Exchange Commission (SEC) sued Gemini last year, alleging the exchange had offered unregistered securities. Further, earlier in October, announced the closure of all customer accounts in Canada by the end of 2024. The decision comes as the Canadian Securities Administrators (CSA) stricter regulations for crypto exchanges and trading firms’ operations in the country. These regulatory challenges have prompted the crypto exchange to explore opportunities in more welcoming jurisdictions, with Singapore standing out as a key market. Highlighted News Of The Day Can DOGE Drive the Next Memecoin Season?

Whitefish, Montana, October 29th, 2024, Chainwire ARQ Securities is pleased to announce it has received its Digital Alternative Trading System (ARQ Securities ATS) and is launching the platform on Liquidity.io [today October 29th, 2024]. Liquidity.io is a cutting-edge platform designed to revolutionize the trading and settlement of private credit and private stock for accredited and institutional investors. It took nearly three years of extensive software development while acquiring all necessary regulatory approvals to finally take the platform live. Additionally, the Liquidity Transfer Agency bridges transactions to public blockchains like Solana, Polygon, and soon Avalanche. ThinkEnergy Debuts as Liquidity.io’s Inaugural Issuance: A Milestone in Sustainable Energy Investments With its groundbreaking refining technology that reduces CO2 emissions by 50%, ThinkEnergy exemplifies our commitment to investments that offer financial returns while positively impacting the global energy landscape. This opportunity allows investors to join ThinkEnergy’s transformative mission toward a more sustainable and efficient energy sector. Focus on Private Credit and Private Stock Liquidity.io will initially concentrate on two key asset classes: private credit and private stock, offering institutional and accredited investors a streamlined and transparent way to trade these traditionally illiquid assets. The private credit market has seen significant growth, driven by investors seeking higher yields and diversification. However, the lack of standardized processes and limited transparency have been persistent challenges. Liquidity.io aims to address these issues by leveraging its digital platform to document and automate the trading and settlement processes, thereby reducing operational complexity and improving liquidity. Strategic Partnerships and Advanced Technology Over the past year, ARQ Securities has forged strategic partnerships with players in the private credit and private equity sectors, collecting over a billion dollars in Letters of Intent to list on the platform, including: Leading private credit originators with significant portfolios, who have committed to listing their assets on Liquidity.io. Multiple private companies seeking to provide liquidity options for their shareholders through the platform. Various banks, broker-dealers, and registered investment advisors (RIAs) are interested in utilizing Liquidity.io for the efficient execution of private asset transactions. Looking Forward With the digital ATS license secured and the launch of Liquidity.io imminent, ARQ Securities is poised to transform the trading landscape for private credit and private stock markets. We encourage interested parties to contact us to explore listing opportunities and to discuss assets available on our platform at launch. If you manage a private asset class with complex settlement processes, we invite you to partner with us to automate these procedures. Our company is enthusiastic about fostering partnerships and seeking new opportunities to offer issuers and investors more efficient and transparent access. For more information or to discuss partnership opportunities, interested parties can contact: Eric Choi, ARQ Securities: CEO, https://www.linkedin.com/in/eric-choi-10750241/ Austin Trombley, Satschel, Inc: CEO, https://www.linkedin.com/in/austintrombley/ For more information about ARQ Securities and Liquidity.io, visit www.liquidity.io. About ARQ Securities: ARQ Securities LLC., a subsidiary of Satschel, Inc., is at the forefront of financial technology, dedicated to reshaping the future of securities trading through innovation and efficiency. With a focus on digital asset tokenization and alternative trading systems, ARQ Securities is committed to empowering issuers, brokers, and investors with cutting-edge platforms and solutions. Contacts CEO Eric Choi ARQ Securities [email protected] CEO Austin Trombley Satschel, Inc. [email protected]