Speculation about how political events may impact the bitcoin market is growing as the 2024 U.S. presidential election gets close. Among them is the fascinating prospect that a Donald Trump win would propel Bitcoin (BTC) into the sought-after $100,000 level. A Trump victory might set off changes in market sentiment, adoption, and institutional interest in BTC given his polarizing presence and possible impact on financial control. Political Climate and Bitcoin’s Growth Potential Historically, geopolitical events have affected the price of Bitcoin; presidential elections are no different. The possible comeback of Donald Trump to power might start conversations on monetary alternatives, financial independence, and policy positions once again. Unlike conventional markets, Bitcoin has flourished under inflationary pressures and economic uncertainty, hence political changes might be rather beneficial for the asset. Given Trump’s reputation for supporting a deregulated financial environment, a pro-business stance under his direction would draw institutional and retail investors to cryptocurrencies. Less government interference might open the path for broad acceptance of Bitcoin and maybe inspire a surge if confidence in conventional markets erodes. Institutional Investment: The Engine Driving $100,000? Companies like BlackRock, Fidelity, and other financial titans are setting themselves to profit from the next BTC bull run as institutional interest in Bitcoin intensifies. Bitcoin’s break over the $100,000 barrier depends on institutional backing, hence a Trump government focused on deregulation might motivate these organizations even more. Positive attitudes about cryptocurrencies from Trump might provide a green light for big investments, therefore triggering a chain reaction of institutional money pouring into Bitcoin. Furthermore, Trump’s position on capital gains and tax laws might improve the appeal of cryptocurrencies as favorable tax consequences could cause more money to join the market. Apart from seeing Bitcoin as a speculative asset, institutional investors would also see it as a valid store of value and inflation hedge, hence increasing demand. Global Consequences and Market Momentum Foreign policies of Trump can have worldwide economic consequences. Should he take a positive view of cryptocurrencies, especially Bitcoin, it might inspire other countries—especially those cautious of American influence on world financial policy—to reconsider their legislative posture. With Bitcoin positioned as a borderless digital currency, a tsunami of worldwide adoption after Trump’s election might drive BTC’s price trajectory inching it closer to the $100,000 mark. Furthermore, the possibility of increased volatility in conventional markets brought on by Trump’s erratic actions may inspire investors toward Bitcoin as a hedge. Like it did in earlier times of market uncertainty, this might make Bitcoin more valuable as a “safe haven” asset. Under Trump’s leadership will Bitcoin see $100,000? A Trump win would likely allow BTC to reach $100,000 by creating a climate of deregulation, inspiring investor confidence, and hastening institutional buy-in. Important elements to keep an eye on include his policies on digital assets, tax incentives, and foreign trade policies—each of which might influence Bitcoin’s momentum. A Trump win might be crucial for Bitcoin’s path to $100,000 especially if his government supports pro-crypto policies and removes legal obstacles. Investors closely monitor the results of the U.S. election, therefore the prospect of a Bitcoin bull run connected with political changes emphasizes the increasing importance of government on crypto markets. Though there are still unknowns, if Trump’s policies fit the demands of the crypto sector and the whole market reacts positively, the $100,000 Bitcoin may be within reach.

Trump’s position on crypto regulation might unleash significant market effects. The former President’s pro-business attitude may result in laws supporting the crypto sector. The intersection of politics and finance has always had a significant effect on the crypto market; the most recent conjecture revolves around former US President Donald Trump. Known for his divisive impact in many spheres, Trump’s remarks on Bitcoin and crypto regulation might generate positive signals that institutional investors all over are attentively observing, especially with the US election drawing close. Why Trump Matters to the Crypto Market Though at first dubious about cryptocurrencies, seeing Bitcoin as a threat to the dollar, subsequent changes in his remarks and participation with blockchain-backed projects have attracted institutional interest. Given Trump’s possible comeback onto the political scene—as a candidate or by powerful commentary—his position on crypto regulation might unleash significant market effects, especially for Bitcoin. Political Influence and Market Sentiment For a sizable portion of individual and institutional investors, Trump’s comments rule. Being a divisive person with a large following, any endorsement or sign of favoritism for Bitcoin might cause his supporters to see crypto assets more positively. Furthermore, because his financial portfolio apparently consists of some blockchain-based assets, institutional players might see any pro-crypto comments as a hint that regulatory clarification would soon be here. Such an attitude will not only boost the appeal of Bitcoin but also help major firms that see regulatory uncertainty as a deterrent to entrance to have more confidence. Potential Policy Impact on Crypto Regulations Regulatory pressure on the cryptocurrency industry was quite low during Trump’s presidency when compared to past years. Returning to a similar stance—or even a more positive one—may provide crypto institutions the clarity they need to go all-in on Bitcoin. Leading institutional investors are looking at the digital asset market, so Trump’s possible support of policies conducive to Bitcoin might act as a green light for even further institutionalization of cryptocurrencies. Furthermore, Trump’s impact on finance and international commerce might knock on markets and create a standard for policies supportive to cryptocurrencies. His pro-business attitude may result in laws supporting crypto-backed transactions, tax breaks for crypto companies, or more relaxed rules around digital assets. This might thus encourage other nations to follow suit, hence increasing the worldwide demand for Bitcoin. Institutional Investors: A Positive View Institutional interest in Bitcoin is at an all-time high as financial behemoths like BlackRock and Fidelity explore Bitcoin ETFs as of 2024. The possible impact of Trump might act as the spark required for reluctant institutions to join the market. The support of well-known personalities might convince these organizations that Bitcoin is here to stay and could be further approved by appropriate laws. Should Trump’s rhetoric truly veers pro-crypto, institutions would probably expect more demand for Bitcoin, therefore bolstering their confidence and positioning of Bitcoin as a valid store of value within their portfolios. With a knock-on impact on other top crypto assets and decentralized finance (DeFi) initiatives, such a change might cause further mainstream acceptance. Conclusion As Trump’s position on Bitcoin and cryptocurrencies is favorable, his possible comeback to influence might provide a strong positive indication. Trump’s effect might drive Bitcoin even further into the mainstream by changing market sentiment and maybe influencing policy decisions. Institutions all around are paying great attention as this political signal may be the positive stimulus driving Bitcoin—and the whole cryptocurrency market—to hitherto unheard-of heights. Highlighted Crypto News Today: Top Meme Coin Loved by the Indian Community

Bitcoin price is rallying above the $70,000 zone. BTC is up over 5% and it could soon aim for a move above the $72,000 resistance zone. Bitcoin started a fresh increase above the $68,000 zone. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $68,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is surging and might rise above the $72,000 resistance zone or even to a new all-time high. Bitcoin Price Starts Fresh Surge Bitcoin price found support near the $66,500 zone. BTC formed a base and started a fresh increase above the $68,000 resistance. The bulls were able to pump the price above the $70,000 resistance. The price regained strength and cleared the $70,500 level. It is up over 5% and trading above the $71,000 level. A high was formed at $71,482 and the price is now showing signs of strength. It is well above the 23.6% Fib retracement level of the upward move from the $65,531 swing low to the $71,482 high. Bitcoin price is now trading above $70,000 and the 100 hourly Simple moving average. On the upside, the price could face resistance near the $71,500 level. The first key resistance is near the $72,000 level. A clear move above the $72,000 resistance might send the price higher. The next key resistance could be $72,200. A close above the $72,200 resistance might initiate more gains. In the stated case, the price could rise and test the $73,000 resistance level. Any more gains might send the price toward the $74,000 resistance level and a new all-time high. Any more gains might call for a test of $75,000. Are Dips Supported In BTC? If Bitcoin fails to rise above the $72,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $70,500 level. The first major support is near the $68,500 level or the 50% Fib retracement level of the upward move from the $65,531 swing low to the $71,482 high. The next support is now near the $67,800 zone. Any more losses might send the price toward the $66,500 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 – $70,500, followed by $68,500. Major Resistance Levels – $71,500, and $72,000.

Raydium (RAY) is on a tear. Despite the usual volatility across all crypto assets, including blue-chip meme coins like Dogecoin and Pepe, the token is up 215% this year. Raydium Rallying But Traders Must Be Cautious Taking to X, the analyst maintains that RAY will likely continue rallying as long as Pump.fun, the meme coin launchpad on Solana, is token-free. RAY is within a breakout pattern at spot rates, easing past March and July highs and printing a new 2024 high in the process. As it is, not only did buyers force the token above these two major liquidation levels, but it impressively shook off the weakness of August and September, more than doubling from September lows in the process. As crypto sentiment improves, the odds of RAY edging higher for the better part of Q4 2024 will only increase. For now, traders expect the “uptober” to benefit altcoins the most. If Bitcoin, Ethereum, and Solana prices tick higher, breaking key resistances in the coming sessions, other quality DeFi tokens, including RAY, will find major tailwinds. Despite the confidence that Q4 of every trading year brings, Bitcoin has been moving sideways, struggling to breach $70,000. If there is an upswing, perhaps triggered by the outcome of the upcoming general election in the United States, RAY could extend gains in the process. Will A Pump.fun Token Slow Down RAY Bulls? The pace at which RAY expands, recouping losses of 2022, will also depend on other market factors, including meme coin activity on Solana. Additionally, traders will determine whether Pump.fun will launch their native utility and governance token. This is crucial because liquid tokens, surpassing the 69 SOL market cap threshold, are automatically listed on Raydium. Pump.fun is one of the most active platforms on Solana, aiding the minting of over 2.7 million meme coins on Solana. Due to this, the meme coin launchpad has generated over $152 million in fees, according at Dune Analytics. The eventual launch of a Pump.fun governance token will allow the platform to tap value, taking advantage of its valuation and virality. The team revealed plans to launch their token and a trading bot in a recent Twitter Spaces. As positive as this may be, there is no specific timeline for the token’s launch. A Pump.fun token could attract liquidity away from RAY, possibly dampening the DEX’s growth despite the Pump.fun-Raydium current relationship, investors will find the meme coin launchpad’s token more attractive, especially if it serves a useful purpose and allows holders to participate in governance.

As the US presidential election draws near, Bitcoin has briefly surged to the $70,000 mark for the first time in over five months. This milestone coincides with former President Donald Trump leading in polls against Vice President Kamala Harris, setting the stage for potential shifts in the cryptocurrency landscape depending on the election outcome. $70,000 As Key Level For Bitcoin To Surpass March Record The recent uptick in Bitcoin’s price has been bolstered by a rally in the stock market, with analysts noting that investors are increasingly pricing in a potential Trump victory. Tony Sycamore, a market analyst at IG Australia Pty, indicated that Bitcoin needs to maintain a solid break past $70,000 to build confidence in surpassing its previous record of $73,798 set in March. Trump has positioned himself as a pro-crypto candidate, pledging to make the US the cryptocurrency capital of the world. In contrast, Harris has taken a more cautious stance, advocating for a regulatory framework for the industry. Amidst the political backdrop, options traders have ramped up their bets, with many speculating that Bitcoin could reach $80,000 by the end of November, irrespective of who wins the election. Implied volatility around Election Day on November 5 has also risen, reflecting the uncertainty in the market. Notably, spot Bitcoin ETFs in the US have seen approximately $3.1 billion in net inflows this month, further contributing to the positive sentiment surrounding cryptocurrencies. Regulatory Concerns Surround Harris’s Stance On Crypto Crypto analyst VirtualBacon recently highlighted the significance of the upcoming election for the cryptocurrency market, dubbing it the “Crypto Election.” Prediction markets currently favor Trump at 60%, although these figures may be skewed due to the crypto community’s historical support for him. National polls indicate a tighter race, with Harris holding a slight lead of just over 1%. The crypto industry has contributed approximately $119 million to campaigns this election year, representing nearly half of all corporate donations. However, major players like Coinbase and Ripple are strategically donating across party lines to promote supportive legislation rather than backing a single candidate. While both Trump and Harris have publicly expressed favorable views on cryptocurrency, their commitments to concrete legislative action remain uncertain. Harris’s regulatory approach raises concerns, as her campaign has emphasized protecting minority investors in digital assets without providing specifics. Moreover, her tenure as Vice President coincided with the appointments of prominent crypto critics such as the US Securities and Exchange Commission (SEC) chair Gary Gensler, and US Treasury Secretary Janet Yellen. On the other hand, Trump’s evolving views towards cryptocurrency, including the launch of a successful NFT project and a DeFi platform, suggest a warming to the industry. As the election approaches, VirtualBacon suggests that it’s crucial to consider that economic data released post-election will significantly influence market sentiment. The upcoming Federal Open Market Committee (FOMC) meeting in November could provide critical insights into inflation and liquidity, impacting both the broader market and the trajectory of cryptocurrencies. BTC’s Path To $100,000 Despite the speculation surrounding the impact of the presidential election, which is just 7 days away, another analyst, Ali Martinez, noted that over the past eleven years, seven of them have seen massive gains for the market’s leading crypto. As can be seen in the chart provided by Martinez, the average November gain for BTC is a massive 46%, which if the market follows these late patterns, could see a November price of just over $100,000 per coin. However, for BTC to confirm a breakout to retest its all-time high, it will be key for it to consolidate above the $70,000 mark in the coming days ahead of the election, positioning it well for a dramatic breakout to even higher prices. Featured image from DALL-E, chart from TradingView.com

Bitcoin, the world’s top cryptocurrency, is designed to act as a money or payment option outside anyone’s control. Using the crypto, which is decentralized and peer-to-peer, removes the involvement of third parties, like central banks. This Bitcoin promise has redefined the financial landscape, helped the unbanked, and empowered those who want independence. However, the ecosystem has its share of critics, including central banks. Central banks’ role shrinks as the Bitcoin ecosystem grows and its use cases expand. This prevailing belief is validated by a growing amount of research from financial institutions and central banks that assess Bitcoin’s disruptive nature. The ever-increasing narrative focuses on Bitcoin’s role in promoting inequality and its potential to disrupt central banks’ policies. The Role Of Bitcoin In Distributing Wealth One subject of central banks’ studies highlights Bitcoin’s role in wealth distribution. To help us understand Bitcoin’s role, we look at two papers published by the European Central Bank. The first paper, published after the FTX fiasco in 2022, is titled “Bitcoin’s Last Stand,” which sees the top crypto as a failed monetary project nearing its end. But in 2024, when Bitcoin hit an all-time high, the same researchers filed another study, painting Bitcoin positively. The paper argued that crypto can impact wealth distribution, but only the early holders get richer. Since Bitcoin or crypto use doesn’t produce a product or service, the increased wealth of early adopters comes from the reduced consumption of all other members of society. Does BTC Disrupt Monetary Policies? Other finance-related researches look at Bitcoin’s impact on monetary policies. For example, the Minneapolis Federal Reserve argues that when people can hold and use Bitcoin, it is difficult for the state to run budget deficits regularly. Traditionally, the government can just offer bonds in case there’s a deficit in revenue collection. But governments may only spend what they usually collect if there’s Bitcoin. The study suggests two options: one, to ban Bitcoin’s adoption, and two, to tax this asset. In addition to the Minneapolis paper, an IMF policy paper in 2023 highlighted Bitcoin’s effect on monetary policy. The paper argues that Bitcoin impacts a state’s policy, and emerging markets are most vulnerable. As a solution, the researchers recommend strengthening their monetary policies first before banning Bitcoin. Central Banks, Financial Institutions Now Take Bitcoin Seriously Recent studies and research from central banks indicate that Bitcoin is redefining finance. While these papers don’t mirror the ideas and thinking of policymakers at these institutions, they give us insight into how the industry sees Bitcoin. Some recent policies, including the IMF 2022 Argentina bailout recommendations, include a few anti-cryptocurrency provisions. Bitcoin’s continued popularity is now becoming an obstacle for many central banks in their efforts to create monetary policies. One of the main aims of Bitcoin’s supporters is to offer the public an alternative financing landscape free from the direction, if not, clutches of banks. Featured image from Dall-E, chart from TradingView

An analyst has explained why it could be the time to get ready for a new Bitcoin bull run, based on the pattern developing in this on-chain metric. Bitcoin US To The Rest Reserve Ratio Has Seen A Reversal Recently In a CryptoQuant Quicktake post, an analyst discussed the recent trend in the BTC US to The Rest Reserve Ratio. This indicator tells us, as its name suggests, the ratio between the total Bitcoin reserves of the US-based centralized platforms and that of the global ones. Platforms here refer to not just the exchanges, but also other entities like banks and funds. When the value of this metric is rising, it means the asset is currently moving from offshore platforms to American ones. Such a trend can be a sign of demand from the US-based investors. On the other hand, the indicator going down suggests the foreign platforms have higher demand for BTC right now as the American exchanges are losing dominance to them. Now, here is a chart that shows the trend in the 100-day Exponential Moving Average (EMA) of the Bitcoin US to The Reserve Ratio over the past year and a half: As displayed in the above graph, the 100-day EMA Bitcoin US to The Rest Reserve Ratio had been declining earlier in the year, but during the past couple of months, its value has bottomed out and shown a reversal to the upside. This would mean that a transfer of BTC is now occurring from global platforms to the US-based ones. In the chart, the quant has marked the last instance of the indicator displaying this trend. It would appear that the previous turnaround in the metric had occurred in the last quarter of 2023 and had accompanied a BTC rally that would eventually take the asset to a new all-time high (ATH). The sharpest part of this increase in the indicator had come in the first quarter of 2024. The reason behind this acceleration had been the introduction of the spot exchange-traded funds (ETFs) in the US, which had quickly gained popularity among the investors. From the graph, it’s also visible, though, that a while after the price had reached the ATH, the metric had topped out and witnessed a reversal in direction. Thus, the spot ETFs couldn’t keep up the same level of interest. The analyst notes that BTC’s sustained consolidation this year can be traced back to this decrease in the reserve of the US-based platforms. Since the indicator has once again shown a turnaround recently, it’s possible that Bitcoin could see the return of bullish momentum, if the previous pattern is to go by. BTC Price Following a 2% jump during the last 24 hours, Bitcoin has returned back to the $68,700 level.

November could be a game-changer for those watching the crypto market. Three lesser-known cryptocurrencies are poised for significant growth, with predictions pointing to potential 500% gains. This presents a rare opportunity for investors to explore these promising digital assets before they possibly take off. Dive in to discover which coins might skyrocket soon. CYBRO Presale Exceeds $3 Million: A One-in-a-Million Next GEN DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This next-generation DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In another exciting update, CYBRO has introduced a referral program. It offers 12% commissions from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are distributed weekly in USDT, and referees receive double CYBRO Points on their first deposit using the referral code. In addition to its token offering, CYBRO has introduced a Points system, further enhancing investor incentives. Holders of these Points will automatically qualify for participation in the CYBRO Airdrop, with token distribution tied directly to the number of Points held. The platform allocates up to 1 million Points on a weekly basis, which investors can accrue through positions in CYBRO’s DeFi Vaults. Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform. With only 21% of the total tokens available for this presale and approximately 64 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million. >>>Join CYBRO and aim for future returns up to 1200%<<< Solana (SOL) Sees Recent Gains, Eyeing Resistance at $181.71 Solana’s price has risen over 15% in the past week, now trading between $153.50 and $174.52. The coin shows positive momentum, with the 10-day Simple Moving Average at $173.63, close to the 100-day average of $169.63. If this trend continues, Solana could reach the nearest resistance level at $181.71, a potential increase of around 5%. The Relative Strength Index at 45.80 indicates neutral market conditions, while the Stochastic value of 24.76 suggests the asset isn’t overbought. However, if the price dips, support may be found at $139.67. Overall, Solana is showing signs of growth and could move higher in the short term. TRON (TRX) Approaches Key Level at $0.17 with Strong Momentum TRON (TRX) is currently trading between $0.15 and $0.16, showing steady gains. Over the past month, its price has increased by more than 9%, and in the last six months, it’s up nearly 38%. The next key level is at $0.17. If TRX moves above this point, it could continue to rise. Indicators suggest positive momentum without being overbought. The average price over the last 10 days is $0.17, hinting at potential for more growth. If the price falls, support is expected at $0.15 and then at $0.14. Conclusion While coins like SOL and TRX show limited short-term potential, CYBRO stands out as a remarkable opportunity. This advanced DeFi platform enables investors to enhance their earnings through AI-powered yield aggregation on the Blast blockchain. With features such as attractive staking rewards, exclusive airdrops, and cashback on purchases, CYBRO delivers a superior user experience with seamless deposits and withdrawals. Its dedication to transparency, compliance, and quality distinguishes it in the market, attracting significant interest from crypto whales and influencers. As the bull run of 2024 unfolds, CYBRO presents a promising avenue for investors seeking substantial returns. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io 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.

In a new YouTube video titled “There Is No ETF Paper Bitcoin,” Fred Krueger, an investor at the crypto hedge fund 2718.fund, delved into the growing concerns surrounding US spot Bitcoin Exchange-Traded Funds (ETFs) and their impact on the cryptocurrency’s price. Krueger aimed to dispel the fear, uncertainty, and doubt (FUD) that have been circulating about “paper Bitcoin”—the notion that ETFs might be selling Bitcoin they do not actually possess—and to explain why Bitcoin’s price has not surged as dramatically as some might expect, despite significant ETF purchases. Krueger began his analysis by acknowledging the prevalent skepticism in the market. “There’s all this paper Bitcoin, and ETFs don’t really have the Bitcoin, and if they were buying all this Bitcoin, how come Bitcoin price is not higher?” he stated, encapsulating the core concerns of many investors. Historically, the concept of “paper Bitcoin” has been associated with exchanges that sold Bitcoin to customers without actually possessing the underlying assets. Krueger highlighted several high-profile instances where this practice led to significant losses for investors. He cited the case of Mt. Gox. Another example he provided was QuadrigaCX, a Canadian exchange that collapsed under mysterious circumstances. Founder Gerald Cotten allegedly died in India, taking with him the private keys to the exchange’s cold wallets, effectively locking away customer funds. “A lot of Canadians lost all their Bitcoin on this Quad exchange,” Krueger noted. Are “ETF Paper Bitcoin” Real? These historical events have contributed to the current apprehension about ETFs and the possibility that they might be engaging in similar practices—selling Bitcoin they do not actually hold, thereby suppressing BTC’s price through artificial supply. However, Krueger argued that ETFs, particularly those managed by established financial institutions, operate under a fundamentally different framework compared to unregulated exchanges. Focusing on two leading ETFs—IBIT, the BlackRock ETF, and FBTC, the Fidelity ETF—Krueger emphasized the stringent regulatory oversight governing these entities. “Both of these ETFs are subject to very strict regulatory oversight, including the SEC but also other agencies in the US,” he stated. This comprehensive oversight includes requirements for complete transparency, regular audits, and the use of third-party custodians for asset verification. “They literally have to get a receipt of an asset from a third-party custodian,” Krueger added. In the case of IBIT, Coinbase serves as the third-party custodian. “Coinbase is itself a public company that is audited,” Krueger pointed out, noting that the public nature of Coinbase adds an additional layer of scrutiny and accountability. IBIT conducts audits of Coinbase, and both entities are subject to audits by the SEC and other regulatory bodies. For FBTC, custody is handled by Fidelity Digital Assets, a separate entity within Fidelity that specializes in the custody of digital assets, thereby ensuring specialized oversight and management. “The issuers of IBIT and FBTC are BlackRock and Fidelity, two of the largest and oldest financial institutions, and they have a vested interest in maintaining their reputation,” Krueger asserted. “Their reputation is at stake, and this is a big deal,” he emphasized, suggesting that these institutions would not risk their credibility by engaging in the sale of non-existent Bitcoin. Krueger contrasted BlackRock with entities like QuadrigaCX to underscore the disparity in regulatory compliance and operational scale. “BlackRock is highly regulated […] BlackRock has a robust corporate governance structure with committees for audit, risk, and compliance and very extensive internal controls,” Krueger added. Addressing the core concern about ETFs holding “paper Bitcoin,” Krueger provided specific data to refute this notion. “The reality is the ETFs have zero pure paper Bitcoin,” he stated unequivocally. He highlighted that IBIT holds approximately 403,000 actual Bitcoins, while FBTC holds about 185,000 actual Bitcoins. “Together, these two ETFs hold almost 3% of the world’s total Bitcoin, or 588,000 Bitcoins—I think it’s 2.9%,” he calculated. Krueger acknowledged that some skeptics have attempted to analyze Bitcoin movement between specific dates to challenge these holdings. However, he emphasized that the facts are clear and verifiable. “We know how much Bitcoin these ETFs have; we know that it’s accounted for, and that’s a reality,” he insisted. Turning to the question of why Bitcoin’s price has not increased more dramatically despite significant ETF inflows, Krueger offered a nuanced explanation. He noted that Bitcoin is, in fact, up by 60% since the introduction of the ETFs, translating to a $600 billion increase in market capitalization. This growth has been fueled by approximately $20 billion in net inflows into the ETFs, resulting in a price multiplier effect of about 30x. “That’s historically about normal, maybe a little on the low side but not terribly so,” he assessed. Krueger attributed the moderation in Bitcoin’s price growth to substantial selling pressures from various sources. “There’s been a bunch of selling,” he explained. He detailed that Germany sold $3 billion worth of Bitcoin as well as Mt. Gox holdings. Additionally, FTX sold its GBTC (Grayscale Bitcoin Trust) stake earlier in the year, and the Digital Currency Group (DCG) sold assets to resolve lawsuits. “We had a lot of selling,” Krueger summarized. Speculating on the potential impact absent these selling pressures, Krueger suggested that Bitcoin’s price could have been significantly higher. “We probably would be at $90k if there wasn’t any selling,” he posited. At press time, BTC traded at $68,752.

Once seen as a fleeting trend, meme coins have become popular among India’s huge population. Recent analysis indicates that Shiba Inu (SHIB) is becoming popular among Indians. With the Indian community showing a strong interest in these exciting, high-risk, high-reward digital assets, India’s fast expanding crypto industry has become a hub of meme coin aficionados. Let’s explore why one specific meme coin appeals to Indian crypto buffs and investors. The Rise of Meme Coins in India: A Community Driven Movement Once seen as a fleeting trend, meme coins have become popular among India’s huge population of crypto-savvy people. Many people joined the meme coin frenzy after Dogecoin and Shiba Inu were so successful. Meme coins appeal to India’s huge millennial and Gen Z populations as millions of young investors are swarming to the market and they reflect both the attitude of investing and amusement. Recent analysis indicates that Shiba Inu (SHIB) is becoming popular among Indians. Its low entry cost, explosive growth potential, and community-driven development methodology match a market that depends on easily available but exciting prospects. Affordability & Accessibility Shiba Inu’s modest coin price lets even inexperienced investors join without a large initial outlay. The main draw for the Indian middle class and younger investors who want little but regular contributions instead of a one, high-risk enterprise is this affordability. Increased community involvement: India has one of the biggest crypto communities on social media, where groups solely focused on meme coins find a venue on Twitter and Telegram. Strong online presence of Shiba Inu supported by loud support from Indian investors generates a self-sustaining buzz that drives additional involvement and ongoing investment. Promising Ecosystem & Prospective Use Originally a meme coin, Shiba Inu has been growing its ecosystem to include a decentralized exchange called ShibaSwap and plans for a metaverse platform. These initiatives reflect development beyond hype for Indian investors seeking long-term value in meme coins. Community-Led Influence and FOMO Component One special quality of India’s meme currency community is their emphasis on “community-led investments.” Information here naturally moves via local influencers, crypto aficionados, and committed online communities. Shiba Inu’s appeal has been enhanced by this strategy, which is fueling what can only be called “fear of missing out” (FOMO) all throughout the crypto scene. Will Shiba Inu’s Popularity Last? Shiba Inu’s approach to go from “meme status” to a utility-based initiative might make it a staple in India’s crypto market even if meme coins are volatile. Shiba Inu’s affordability and India’s developing crypto legislative clarity should help to confirm Shiba Inu as a long-term favorite. Conclusion Shiba Inu rules as the meme coin of choice in the Indian crypto scene, where community support is a powerful tool. Shiba Inu’s future may establish a new benchmark for meme coins as it develops, proving that, with the correct mix of community support and innovation, meme coins can be more than simply online jokes—they can become popular investments.

Popo The Frog ($FROP) is excited to announce significant updates that bolster its commitment to both its community and overall transparency. Key initiatives include a monumental 75% burn of its token supply and the renouncement of its contract, further enhancing security and trust among investors. The 75% Burn In a move to increase scarcity and value, Popo is burning 75% (3/4th) of its total token supply. Additionally, the team has renounced the contract, ensuring that no further changes can be made, thus providing a solid foundation of trust and reliability for all stakeholders. Burning tokens is crucial in the crypto space, particularly for meme coins, for several reasons. First, it increases scarcity by permanently removing tokens from circulation, which can drive up demand and potentially raise the token’s value, appealing to investors. Secondly, burning helps combat inflation by reducing the total supply, ensuring that existing tokens maintain or even increase in value over time. This can potentially enhance trust among holders, signaling that the project team is committed to long-term value and is proactive in supporting the ecosystem. For meme coins specifically, which thrive on community engagement and hype, token burns can generate excitement and attract new investors, boosting trading activity. Furthermore, burns can be framed as community initiatives, fostering a sense of involvement and shared purpose among holders. Availability On Multiple Platforms $FROP is now actively trading on MEXC, Raydium (Solana), and PancakeSwap, expanding accessibility and liquidity for the token. This multi-platform presence enhances the overall trading experience and opens doors for a wider audience of investors. Meme coins being available for trading on multiple platforms is important for several reasons. Firstly, it enhances accessibility, allowing a broader range of investors to buy and sell the token, which can drive up trading volume and liquidity. This increased exposure helps attract new users and fosters community growth. Additionally, trading on multiple platforms can reduce price volatility, as it allows for a more stable market environment. It also provides users with more options regarding trading pairs and transaction fees, which can enhance the overall user experience. Ultimately, multi-platform availability contributes to the legitimacy and sustainability of meme coins in the competitive crypto landscape. In $FROP’s case, it would potentially help position the meme coin as a serious contender to its biggest rival, Pepe The Frog ($PEPE). What Else Does Popo Offer? Popo The Frog offers exciting staking opportunities, including ‘The War Chest,’ which features flexible liquidity and fixed-term options, boasting potential returns up to 21,000% APR. This lucrative prospect aims to attract both new and existing investors. The roadmap includes vital milestones such as the launch of the official website, comprehensive contract audits, proactive community building, and strategic listings on major exchanges. Popo also continues to prioritize community engagement, with these strategic decisions aimed at fostering a more sustainable and attractive investment environment. About Popo The Frog Popo The Frog ($FROP) is a pioneering meme token that has swiftly emerged as a symbol of community empowerment in the cryptocurrency landscape. By fostering a democratic approach, Popo values community input in shaping its future, aiming to build a decentralized ecosystem that champions digital freedom and economic prosperity. Essentially, $FROP is more than just a meme token; it represents a community-driven approach to innovation in the cryptocurrency space. By embracing transparency and inclusivity, Popo aims to create a decentralized ecosystem that aligns with the aspirations of its community members.Visit Popo The Frog’s official website, whitepaper, and its Telegram, ']Instagram, and X channels for more information and regular updates. 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’s 50-day SMA approaching golden cross with 200-day SMA. Chaikin Money Flow at 0.24 and Bull Bear Power at 16.57 support bullish outlook. Price targets: potential surge to $210.18 if $188.74 resistance breaks. Solana (SOL) stands on the cusp of a significant technical development as its 50-day Simple Moving Average approaches a golden cross with the 200-day SMA. This imminent bullish signal could potentially catalyze a push beyond the $200 mark, a level unseen for several months. Technical analysis of the SOL/USD daily chart reveals the 50-day SMA (blue line) verging on a crossover above the 200-day SMA (yellow line). The 50-day SMA, serving as a short-term trend indicator, provides insight into recent price momentum, while the 200-day SMA reflects longer-term market sentiment. Their impending intersection signals a potential shift from bearish to bullish market dynamics. Solana’s CMF maintains positive outlook Supporting this bullish setup, Solana’s Chaikin Money Flow (CMF) maintains a positive trajectory at 0.24. This reading suggests strong capital inflows into the SOL market, with buying pressure consistently outpacing selling activity. The sustained positive CMF indicates robust demand and validates the current upward price momentum. Further reinforcing the optimistic outlook, Solana’s Bull Bear Power indicator registers a robust 16.57. This positive reading reflects a market dominated by buying pressure, suggesting that bulls currently maintain control over price action. The confluence of these technical indicators strengthens the case for potential upward movement. Source: TradingView Currently trading at $174, Solana maintains position above crucial support at $171.91. A continued hold above this level could facilitate a push toward the $188.74 resistance. Breaking this barrier could potentially propel SOL towards $210.18, a price point last visited on March 18. A failure to maintain the $171.91 support could trigger a retreat to $160.09, with further weakness potentially testing the $148.27 level.

An investor who watched Polygon climb from a few cents to over two dollars is now eyeing another low-priced token. This trader’s new focus is on a cryptocurrency valued under five cents. The move raises questions about what this emerging coin might offer. Is this the next hidden gem in the crypto market? CYBRO Presale Climbs Past $3 Million: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This cutting-edge DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform. With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million. >>>Join CYBRO and aim for future returns up to 1200%<<< Polygon Ecosystem Token: A Key Utility in the Polygon Network The Polygon Ecosystem Token (POL) is a utility token in the Polygon network. It plays a crucial role in various operations across the ecosystem. Holders can stake POL to secure the network and earn rewards. Staking involves locking up tokens to participate in consensus mechanisms. POL also allows holders to vote on proposals that shape the network’s development. This gives the community a say in important decisions. Additionally, the token provides access to exclusive services and features within the ecosystem. POL’s multiple use cases make it an important asset in the growing Polygon network. Conclusion In summary, while coins like POL may offer less potential in the short term, platforms like CYBRO present exciting opportunities for investors. CYBRO is an advanced DeFi platform that maximizes earnings through AI-powered yield aggregation on the Blast blockchain. It features attractive staking rewards, exclusive airdrops, and cashback on purchases. Users benefit from seamless deposits and withdrawals, ensuring a superior experience. With a focus on transparency, compliance, and quality, CYBRO has drawn strong interest from crypto whales and influencers. This positions CYBRO as a promising project in the cryptocurrency space. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io 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.

AVAX drops 7% in a week despite ascending channel pattern. Technical indicators show increasing selling pressure. Price targets: potential rise to $39.30 or drop to $17.30 depending on market direction. Avalanche (AVAX), despite forming an ascending channel pattern on the daily timeframe, has consistently delivered negative returns to investors, raising questions about its potential for recovery in the current altcoin season. The token’s recent performance paints a concerning picture, with no movement in the last 24 hours and a more substantial 7% weekly loss. This short-term weakness extends into longer timeframes, as evidenced by an 11% monthly decline and a disappointing -34.16% year-to-date return. Technical indicators suggest mounting bearish pressure, with the Relative Strength Index (RSI) displaying a significant downward trajectory. Can Avalanche reclaim its surge? This decline in the RSI signals an increasing dominance of selling pressure over buying activity in the market. Furthermore, the Simple Moving Average (SMA) continues to act as a persistent resistance level on the daily chart, suggesting potential challenges for price recovery in the coming week. Looking ahead, AVAX’s price trajectory hinges on its ability to maintain key support levels while capitalizing on any potential market recovery. A bullish reversal scenario could see AVAX retesting the $31.50 resistance level, with sustained positive momentum potentially driving the price towards $39.30. However, market participants must remain cognizant of downside risks. If current market uncertainty intensifies, AVAX could find itself retesting the critical support trendline at $24.30. A breach of this level, particularly amid bearish Q4 conditions, could trigger a more substantial decline towards $17.30.

October saw unexpected price dips for Bitcoin and altcoins. Analysts highlight market unpredictability amid economic and regulatory pressures. October, often dubbed “Uptober” by crypto enthusiasts, turned out to be a disappointment for many in the cryptocurrency space. The anticipation of bullish momentum was palpable at the beginning of the month, with analysts predicting $70K rally for Bitcoin (BTC) and other altcoins. However, as the month unfolded, the reality of price dips and relentless selling pressure set in, leaving investors grappling with unexpected losses. Bitcoin started October with a price of around $65.5K, buoyed by hopes of institutional interest and a potential ETF approval. Yet, as the month progressed, BTC struggled to maintain support levels, ultimately falling below the critical $59,500 mark. This dip was not an isolated incident; many altcoins, including Ethereum (ETH) and XRP (XRP), experienced significant declines as well. Ethereum, which began the month hovering around $2,600, slipped to approximately $2,300 by October’s end, marking a stark contrast to the bullish forecasts. Meanwhile, Analysts pointed to several factors contributing to this downturn. Market sentiment was impacted by macroeconomic pressures, including rising interest rates and inflation concerns. Additionally, profit-taking from earlier gains, coupled with regulatory uncertainties, further exacerbated the bearish trend. Many bulls attempted to rally and defend support levels, but the relentless selling pressure proved overwhelming. No UPtober, But MOONvember? Looking ahead, the pressure now shifts to November. Traders and investors are left wondering whether this month will bring a reversal or further declines. While some analysts remain optimistic, citing historical trends where November has typically been bullish for Bitcoin, caution is warranted. With the market still grappling with economic uncertainties and the ever-looming threat of regulatory scrutiny, many will be watching closely to see if BTC and altcoins can reclaim their footing or if further dips await. As the crypto community braces for what’s to come, analysts agree that October has highlighted the unpredictability of this volatile market. They emphasize that November will be critical in determining the next direction for Bitcoin and its altcoin counterparts. It urges investors to remain vigilant and adaptable as they navigate these uncertain waters. Highlighted News Of The Day Top 5 Altcoins Loved by People of United States

As Bitcoin approaches what seems to be an inevitable bullish shift, maintaining stability above the $66,000 mark, and as Polkadot experiences a notable 3% increase signaling a robust recovery, the cryptocurrency landscape is witnessing exciting developments. However, the high cost of acquiring these established coins can deter many potential participants. This scenario sets the stage for BlockDAG (BDAG), whose latest brand video effectively showcases its cutting-edge technology, emphasizing its speed and scalability—an impressive contrast to traditional blockchains. Having raised over $104.5 million in its presale and delivered a remarkable 2100% return to its early buyers, BlockDAG is now a hot topic among experts who believe it might follow in Bitcoin’s footsteps as a major cryptocurrency contender. Bitcoin Price Prediction: Anticipating a Bullish Breakout Confidence is growing among market analysts that Bitcoin is on the cusp of a significant bullish trend. A crucial market indicator, the super trend, is nearly shifting from red to green, suggesting the potential onset of an upward movement. For this upward trajectory to materialize, Bitcoin needs to surpass and sustain above the $69,000 resistance level. Should it continue to hold above $66,000, the overall market outlook would remain favorable, despite the possibility of short-term fluctuations. Polkadot Price Demonstrates Strong Recovery: Aiming for $5? Polkadot has recently shown a strong recovery, marking a rise of over 3% and breaking past the $4.50 threshold. This rebound comes after a week of fluctuations where the price dipped below significant moving averages. Now, with the price rallying to a high of $4.59 before settling slightly lower, there’s renewed momentum that suggests bullish potential. Analysts are now watching to see if Polkadot can maintain its position above $4.50, which could set the stage for reaching $5 in the near term. The technical indicators are showing increased buying activity, hinting that if this trend persists, Polkadot may well approach and surpass higher resistance levels soon. Why BlockDAG Could Be the Future of Blockchain BlockDAG’s recent brand video isn’t just a visual treat; it’s a declaration of its leadership in the cryptocurrency race. With captivating visuals, the video cleverly compares the blockchain landscape to high-speed Formula 1 racing, showing BlockDAG not just keeping pace but accelerating past stalwarts like Bitcoin and Ethereum. This effective metaphor highlights BlockDAG’s advanced directed acyclic graph (DAG) technology, which enables it to process multiple blocks simultaneously, thus outperforming traditional blockchain models that often struggle with speed and scalability. The market response to BlockDAG’s technology has been overwhelmingly positive. The presale phase smashed through the $104.5 million mark, with a total of 14.6 billion BDAG coins already distributed. Early participants have witnessed a remarkable 2100% increase in value, as the price per coin escalated from $0.001 in the initial batch to $0.022 by the 25th batch—all within a matter of months. These figures naturally lead to speculation about BlockDAG’s potential to reach or even exceed Bitcoin’s levels of success. For those looking to acquire BDAG coins, the current price stands at an accessible $0.022. Given BlockDAG’s record of consistent presale achievements, this rate is anticipated to rise as more users recognize its value. The Final Verdict Comparatively, while Bitcoin’s price forecasts and Polkadot’s market recovery are certainly notable, BlockDAG introduces a distinct caliber of technological innovation that sets it apart. Its pioneering DAG technology, showcased effectively in its brand video, illustrates that it’s possible to achieve high speed, expansive scalability, and robust decentralization without compromise. Overall, with over $104.5 million raised and an impressive return already realized by early holders, BlockDAG presents a compelling narrative in the cryptocurrency sphere. Those searching for promising cryptocurrencies may find BlockDAG an attractive option, especially with the anticipated bull market approaching in 2025. Learn About BlockDAG – Act Now Before Prices Increase: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto 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.

Dogecoin is showing strong signs of a potential breakout, with technical indicators aligning for a possible move toward the $0.1491 mark. The Relative Strength Index (RSI) has shifted into bullish territory, signaling growing momentum and showing that further gains could be on the horizon. This uptick in RSI suggests that buyer confidence is strengthening, setting Dogecoin up for a significant upward push. This analysis aims to explore Dogecoin’s bullish potential as it approaches a key resistance level at $0.1491. It will provide insights into the increasing buying interest and the possibility of an upward breakout, examining the recent shift in the RSI and other technical indicators. RSI Signals Growing Bullish Sentiment For Dogecoin Following the recent recovery at $0.1293, DOGE’s price on the 4-hour chart has continued to gain pressure, approaching $0.1491 while aiming to break past it. DOGE is also trading above the 100-day Simple Moving Average (SMA), suggesting a positive upward trend that could lead to a possible breakout. An analysis of the 4-hour Relative Strength Index (RSI) indicates potential for further upward movement, with the RSI rebounding to the 62% level after a previous dip to 34%. As the RSI continues to rise, traders are increasingly optimistic about the asset’s future performance. If this upside momentum persists, it could pave the way for a significant price increase, possibly challenging key resistance levels. Also, on the daily chart, Dogecoin has shown strong upside movement, reflected in multiple positive candlesticks following a successful rebound at $0.1293 as it continues to trade above the 100-day SMA. Trading above the 100-day SMA not only suggests that Dogecoin is in a bullish phase but also signifies that previous resistance levels may now serve as support, providing a safety net for future price movements. Finally, on the 1-day chart, a detailed examination of the RSI formation indicates renewed upbeat strength for DOGE as the indicator‘s signal line has risen again to 64% after dropping to 57%, suggesting a sustained optimistic outlook. Potential Upside Targets: What Lies Beyond $0.1491? As Dogecoin nears the $0.1491 resistance level, attention turns to potential upside targets in the event of a breakout. If DOGE successfully breaks through this key threshold, the next significant target could be approximately $0.1649, where historical resistance may come into play. Should the bullish momentum persist and overcome this level, DOGE could advance to test even higher price levels. However, if the meme coin fails to sustain its upward strength, DOGE may retrace to the previous support level of $0.1293. When this level is breached, it could trigger additional declines, which could lead to a drop toward $0.0914 and other lower price ranges.

Polymarket shows Donald Trump leading Harris with a 66.6% chance of winning. 75% of Americans believe cryptocurrency can enhance the economy. As the 2024 presidential election approaches, former President Donald Trump is emerging as a compelling candidate, particularly against the backdrop of current Vice President Kamala Harris. Trump’s policies, especially his strong support for cryptocurrency and innovative economic strategies, resonate with many voters seeking significant change. One of Trump’s pivotal initiatives is the launch of World Liberty Financial, a decentralized finance (DeFi) platform designed to democratize financial services. Set to raise $300 million through a new token sale, this venture emphasizes his commitment to integrating cryptocurrency into everyday financial transactions. By positioning himself as a pioneer in this emerging sector, Trump appeals to younger, tech-savvy voters eager for a leader who understands the nuances of modern finance. Moreover, Trump’s campaign has gained significant traction with endorsements from influential figures like Elon Musk. Musk recently stated he could help cut U.S. government spending by $2 trillion should Trump be re-elected. This declaration resonates with voters frustrated by soaring national debt, which currently exceeds $32 trillion. Polling data reflects Trump’s increasing popularity. According to Polymarket, a decentralized predictions platform, Trump holds a 66.6% probability of winning the presidency, compared to Harris’s 33.4%. This indicates a growing confidence among bettors and highlights Trump’s appeal, particularly in battleground states. While traditional polls may still show Harris with slight advantages, the betting odds suggest a different narrative—one where Trump’s message resonates more effectively with the electorate. Donald Trump’s Economic Revival Trump’s focus on economic revitalization and job creation is particularly crucial. His promises to bring manufacturing jobs back to the U.S. resonate with working-class voters who have felt the impacts of globalization. Recent surveys reveal that 70% of voters are concerned about job losses to overseas competitors By advocating for American industry, Trump captures the sentiment of those who feel neglected by current policies. In contrast, Harris’s administration has faced criticism for its handling of inflation and economic recovery. With inflation rates remaining high, many Americans are feeling the pinch in their daily lives. Consequently, some voters may view Trump’s aggressive economic policies as a solution to their financial woes, while Harris’s approach appears less appealing to those prioritizing immediate economic stability. The issue of cryptocurrency also plays a significant role in shaping public opinion. A recent study indicates that 75% of Americans believe cryptocurrencies can boost the economy Trump’s proactive stance on crypto is vital for appealing to younger voters and those frustrated with traditional banking systems. By emphasizing innovation and deregulation, Trump positions himself as a leader ready to harness the potential of digital currencies. Additionally, Trump’s ability to galvanize crowds at campaign events contrasts sharply with Harris’s lower-profile approach. Recent rallies have drawn thousands of supporters, showcasing a united front eager for change. This enthusiasm is crucial as election day approaches, as energized voters often translate into higher turnout. Trump’s assertive foreign policy also appeals to many voters. His stance on national security, which prioritizes American interests, resonates strongly in an era of geopolitical uncertainty. While Harris advocates for a more diplomatic approach, many Americans favor Trump’s tough stance on immigration and trade, viewing it as essential for safeguarding U.S. jobs and security. As the 2024 election draws near, Donald Trump’s commitment to cryptocurrency, fiscal responsibility, and economic revitalization positions him as a strong contender against Kamala Harris. His innovative policies and robust campaign strategies resonate with voters seeking meaningful change. As the electoral landscape continues to evolve, many Americans may find themselves leaning toward Trump’s vision for the future, especially in the face of ongoing economic challenges and concerns about government spending. The upcoming weeks will be crucial as both candidates ramp up their efforts to capture the electorate’s support leading into November. Highlighted Crypto News Today Huge Solana (SOL) Rally Possible in 2025 According to This Analyst but Is it Realistic?

After reaching two market cap peaks—in early April and late May—meme coins appear to be rebounding, aiming to cross the $60 billion threshold. If this happens, could 2024 witness a ‘Memecoin Summer’ before it concludes, influenced by the Halloween Effect? Numerous traders have succeeded in reaping lucrative gains over the past months by HODLing through the memecoin frenzy and zealously betting on price pumps. Remarkably, dominating market dynamics, Solana memecoins have ranked at the top in popularity and gains. Despite being extremely volatile and risky, memecoins have become one of the most preferred or adopted crypto assets among newbies and seasoned pros. This article will uncover mid- to small-cap memecoins that have shown a bullish trajectory over the past days and months. DISCLAIMER: The opinions expressed in this article are those of the author and do not constitute investment or financial advice. TheNewsCrypto team strongly advises all readers to conduct their own research and exercise caution before investing in memecoins. Let’s delve into and briefly analyze the current market dynamics of the following popular memecoins. Moo Deng (MOODENG) RANK (w.r.t MCap) 219 CURRENT PRICE $0.2102 All-time High (ATH) $0.3428 (Sep 28, 2024) 7-DAY SURGE 147.85% 30-DAY SURGE 508.03% MOODENG, Solana-based memecoin inspired by the viral Thailand hippo, took over the meme realm in early September and fueled quite a frenzy. Holding the 219-nth largest market capitalization — $207.46 million— the hippo-themed memecoin trades at $0.2097. MOODENG Price Chart (Source: CoinMarketCap) MOODENG noted impressive rallies over the weekly and monthly timeframes: 147.85% and 508.03% respectively. However, over the past 24 hours, the memecoin plummeted 7.89%. Goatseus Maximus (GOAT) RANK (w.r.t MCap) 97 CURRENT PRICE $0.6517 All-time High (ATH) $0.6971 (Oct 24, 2024) 7-DAY SURGE 75.97% 30-DAY SURGE 566.64% Goatseus Maximus (GOAT) was one of the most viral memecoin launches. Debuting in mid-October, this memecoin climbed its way into the top 100 large-cap cryptocurrencies. GOAT Price Chart (Source: CoinMarketCap) With weekly gains of 75.97% and monthly gains of 566.64%, GOAT has shown strong upward momentum. At the time of writing, the price of GOAT was $0.6517 with the 97th largest market cap of $645.80 million. MSTR2100 (MSTR) RANK (w.r.t MCap) 707 CURRENT PRICE $1.44 All-time High (ATH) $1.74 (Oct 12, 2024) 7-DAY SURGE 199.52% 30-DAY SURGE 2889.35% Michael Saylor-lead MicroStrategy is one of the most significant companies that proved its pro-Bitcoin stance. A memecoin that exists as the decentralized derivative of the company’s stock MSTR is MSTR2100 (MSTR). MSTR Price Chart (Source: CoinMarketCap) MSTR has demonstrated remarkable gains of 199.52% over the week and 2889.35% over the month. At the time of writing, MSTR traded at $1.41 with $29.14 million. MAGA (MAGA) RANK (w.r.t MCap) 359 CURRENT PRICE $0.0002369 All-time High (ATH) $0.0007461 (May 27, 2024) 7-DAY SURGE 57.87% 30-DAY SURGE 243.44% 2024 is the genesis era, or the growth phase, for PoliFi memecoins. Inspired by Trump’s campaign slogan ‘Make America Great Again,’ meme coin MAGA currently boasts the highest gains among its fellow contenders. MAGA Price Chart (Source: CoinMarketCap) MAGA reported significant increases of 57.87% in the weekly timeframe and 243.44% monthly. This memecoin traded at $0.0002369 with a market cap of $91.9 million.

San Francisco, United States, October 28th, 2024, Chainwire Another set of EasyA hackathon winners (also known as “gigabrains”) are headed to Y Combinator. Artemiy Malyshau and Jeevan Juttla attended their first EasyA x Polkadot hackathon nearly two years ago, where they first started experimenting with the ideas that would later become Gecko Sec. Today, they’ve just been accepted into the world-famous Y Combinator accelerator, which has backed some of the world’s most successful Web3 companies like CoinBase, Filecoin and many more. According to the team, Gecko Sec lets Web3 developers build secure code quickly without wasting time on tools that don’t deliver results, or relying on one-time human pentests that quickly become outdated. As they continue to develop their groundbreaking software, they’re working on rolling this out for teams building on Polkadot. Writing code that is secure and safe is one of the biggest concerns for Web3 developers, with many millions of dollars spent on security audits every month in Web3 alone. EasyA gigabrains Jeevan Jutla and Artemiy Malyshau credit EasyA with helping them get off the ground and giving them the inspiration to succeed. Jeevan Juttla and Artemiy Malyshau have also got highly accomplished professional and educational backgrounds. Jeevan Juttla, CEO and Co-founder of Gecko Sec, graduated with a First Class Degree in Electrical Engineering from King’s College London. After graduating, Jeevan was hired by the UK government’s National Cyber Security Centre to secure the British Government’s data and subsequently joined Binance as a Security Engineer. Artemiy Malyshau also graduated with First Class Honours in Electrical Engineering from King’s College London, one of the UK’s top universities. Shortly after this, he earned a Master’s Degree with Distinction in Applied Computational Science and Engineering from Imperial College University. GeckoSec joins a long list of EasyA hackathon winners who’ve gone on to achieve storied success in blockchain. Other EasyA hackathon winners like Axal, founded by Harvard grad Ashlan Ahmed, have been backed by a16z and are planning to announce their latest fundraising round later this month. To date, EasyA alumni have already founded companies valued at nearly $3 billion. EasyA has received interest from VCs who want access to its startups pipeline. Although it won’t share the precise details yet, EasyA shares that it has its sights set on launching a fund designed to invest exclusively in its gigabrain community and hackathon winners. Much of the success of EasyA hackathon winners can be traced to the company’s co-founders, who have been instrumental in spotting young talent and nurturing them as founders. Users can go to any EasyA hackathon and find Phil and Dom on the ground, inspiring developers to launch the next unicorns. EasyA co-founders Phil and Dom have been active in blockchain for over 10 years. Prior to EasyA, Phil worked at prestigious law firm Sullivan & Cromwell and Dom worked at the world’s largest Private Equity firm, The Blackstone Group. Their educational backgrounds have also given them, and EasyA, a unique pipeline of talented founders across the US and Europe. Phil was a top scholar at Cambridge University, and Dom studied at the Wharton School, University of Pennsylvania, where he graduated Cum Laude as a Joseph Wharton and Benjamin Franklin Scholar. According to Phil and Dom, they’re just getting started. Numerous high-profile fundraising announcements are coming out of the EasyA community over the coming months. About EasyA EasyA is one of Web3’s most popular apps, making it possible for anyone to learn about Web3 right from their phones. Learners earn rewards for mastering new skills, and the best ones are invited to in-person hackathons to launch their startups in world-leading hubs like San Francisco, London and Singapore. EasyA alumni have founded startups valued at nearly $3 billion and have raised from top VCs like a16z, Founders Fund, YC and many more. Launched by brothers Phil and Dom Kwok, top grads from the University of Cambridge and The Wharton School respectively, EasyA has over 1 million users and has won Apple’s highly-coveted App of the Day award. Users can learn more: https://www.easya.io/ Contact Dom Kwok [email protected]