Miles Deutscher, a prominent analyst with 551,000 followers on X, disclosed his portfolio of best altcoins for the anticipated 2025 crypto bull run. In his latest video, “My NEW Ultimate Crypto Portfolio For The 2025 Bull Run! [MUST-HOLD Altcoins],” Deutscher provided an in-depth analysis of his selections, emphasizing a strategic concentration on high-conviction investments across diverse sectors. Deutscher began by outlining his approach to portfolio construction, highlighting the importance of limiting core holdings to fifteen altcoins spread across six key sectors: meme coins, artificial intelligence (AI) tokens, infrastructure projects, gaming, real-world assets (RWA), and decentralized finance (DeFi). This structure is designed to enhance focus and manageability, particularly for investors who may not have the time to actively manage a larger number of positions. “Based on the feedback from my community, I believe it’s better in this market to concentrate into high conviction bets,” Deutscher stated. Best Altcoins For The 2025 Crypto Bull Run In the meme coin sector, which Deutscher allocates a substantial 25% of his portfolio to, he identified three primary candidates: WIF, PEPE, and SPX. WIF, described as the leading meme coin on the Solana blockchain by Deutscher: “It’s pretty much the number one Solana kind of beta meme coin. Anons talk about it a lot. It’s got major exchanges. Coinbase listings being teased coincidentally. It’s actually at a very nice DCA Zone at the time of recording this video.” Pepe, an Ethereum-based meme coin, benefits from widespread recognition and strong community distribution. “I do like Pepe because it’s the leading kind of ETH beta meme coin. It’s one of the most famous memes in the history of the internet and for that reason I think it commands a lot of mind share,” Deutscher remarked. SPX6900, endorsed by Murad Mahmudov, a leading figure in the meme coin space, is anticipated to attract substantial retail capital during market upswings. “Number three is SPX because […] Murad is the leader of memes. His number one shill and his number one meme holding is SPX, so this is one that I think is going to have momentum as retail comes in,” Deutscher remarked. Turning to the AI sector, Deutscher also allocates 25% of his portfolio to AI-focused projects, recognizing the burgeoning interest and potential in this field. His top picks include TAO, NEAR, and Spectral. TAO is positioned as the leader in decentralized AI, “focused on the enterprise side,” according to the analyst. NEAR, a top AI layer-one protocol, is selected for its potential to rebound during market dips and its foundational role in AI-driven applications, despite recent underperformance. Spectral (SPEC) is the “top AI agent play in crypto” for Deutscher. “They’ve got big backers. There’s no [token] unlock for another six months. You can basically automate your trading on-chain via AI agents,” he added. In the infrastructure sector, Deutscher maintains an equal 25% allocation, focusing on foundational projects that underpin the crypto ecosystem. Solana (SOL) remains his primary choice, recognized for its role as the launchpad for new meme and AI trends, and projected to deliver consistent returns without the explosive growth potential of smaller altcoins. Fantom (FTM) is favored by Deutscher for its strong narrative. “I just think it’s got a great narrative with Sonic [upgrade]. Andre [Cronje] is a big figure in the space. You’ve had that cool down in terms of price and I think it’ll be one of the prevalent and l1’s this cycle,” the analyst claims. Third, Deutscher picks Aptos (APT) over Sui (SUI) because of its higher potential: “I picked Aptos […] because I just think in terms of a pair trade Aptos is probably the next to run after SUI already went on a massive run. That’s the only reason and the other thing is the price is looking good from a TA point of view. It’s still down significantly from all-time high so it has room from for for major upside.” Real-world assets (RWA) constitute 10% of Deutscher’s portfolio, a sector he believes is poised for significant adoption. His selections, CPOOL and CHEX, are chosen for their solid protocol development, strategic partnerships, and upcoming exchange listings, which are expected to enhance their market legitimacy and growth potential. Additionally, Pendle is mentioned as an honorable mention, recognized for its strong narrative, partnerships, and organic token distribution, making it a standout performer in the RWA space. The gaming sector, though traditionally undervalued, receives a 10% allocation in Deutscher’s portfolio. He highlighted Beam and Super as his top picks, with Beam serving as an infrastructure play backed by substantial treasury reserves and strategic partnerships, and Super functioning as a community-driven gaming meme coin with strong utility and a cult-like following. In the DeFi sector, Deutscher allocates 5% of his portfolio to two primary assets: AAVE and Rune. AAVE is identified as the strongest DeFi blue-chip, benefiting from robust revenue streams and increasing on-chain yields, making it a reliable cornerstone for the portfolio. Rune is viewed by Deutscher as a leveraged bet on the market’s bullish trajectory, expected to perform exceptionally well during market upswings due to its reflexive nature and the functionality of its Omnipool. At press time, WIF traded at $2.43.

The holy grail of investors is to find the next gem before it blows up in value. Comparing Rexas Finance (RXS) to Fantom’s trajectory before the historic surge in 2021 is a revelation. As Fantom (FTM) did with the DeFi world through its ingenious solutions, Rexas Finance plans to disrupt the asset management market with real-world assets (RWA), and tokenization. Here are 3 excellent reasons why RXS can be set up for a big breakout. Revolutionary Real-World Asset Tokenization Platform The crypto market tends to shift the focus more and more on practical applications and Rexas Finance is perfectly placed to benefit from it. Fantom has helped grow DeFi towards addressing real-world problems, and Rexas too is modernizing traditional asset management through blockchain. What separates Rexas is its all-in-one asset tokenization. However, most platforms know how to tokenize specific asset classes, whereas Rexas has developed a universal framework to handle real estate to intellectual property. Fantom’s versatility is just how it began in the early days, distinguishing itself by way of better tech and flexibility. With its ability to create fractional ownership and enable 24/7 trading, Rexas Finance democratizes access to high-value assets in a similar way to Fantom in the DeFi space by facilitating fast and cheap transactions. Strong Presale Performance and Market Validation The presale performance of RXS is one of the most bullish indicators. The market itself is clearly validating the project’s potential with over $4.2 million raised, more than 81% of tokens sold, and more. It’s a bit reminiscent of Fantom’s early momentum before its monster price rise. By driving the price up through the presale stages, from $0.060 toward the price of the next stage $0.070 the natural upward pressure of the token’s value is created. A well-stereotyped token distribution structure sets the foundation for a conducive environment that welcomes sustainable growth, just as Fantom’s carefully deployed development enabled its price to run wild. Key metrics worth noting: Current price: $0.060 Next stage price: $0.070 Total raised: Over $4.2 million Token sale completion: 81.45% Perfect Market Timing and Sector Growth Rexas Finance couldn’t be at a better time. Leading financial analysts say the real world asset (RWA) tokenization market will grow to $16.1 trillion by 2030. Due to the current crypto market cycle showing signs of a recovery, and the massive market potential this presents, this is the perfect storm for explosive growth. Rexas is already positioned to benefit from the RWA tokenization trend that is so much in vogue now, and like Fantom’s 2021 surge, it too occurred at the tail end of the DeFi boom. That means the project launches at a time when there is institutional interest in blockchain-based and managed asset management solutions, which could lead to another explosion of historical Fantom proportions. Comparative Analysis: Rexas vs. Fantom To more clearly understand the possibility of Rexas Finance, looking at the path that Fantom (FTM) took can be quite educational. Fantom was centered on decentralized finance and Rexas Finance focuses on real-world asset tokenization. Rexas Finance is currently priced below $0.10 while Fantom went from $0.016 to over $3.47. Just like Fantom, the presale of Rexas has already raised over $4.2 million and gained early investor backing. The real-world asset market is large and is expected to be worth $16 trillion, while Fantom became a beneficiary of the DeFi boom. Rexas utilizes a universal tokenization framework in terms of tech, whilst Fantom’s efforts ring with speed in transactions. It also compares how both projects have critical similarities that could generate a huge value appreciation. Conclusion: A Rare Opportunity in the Making It is a rare opportunity to pick up early in this sub $0.10 entry point. As the presale wraps up and more and more individuals seek returns like the ones seen in Fantom 2021, the catalog of the RWA tokenization market is coming into play. Website: https://rexas.com Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

The Global crypto market cap rose by 0.44% to $2.29 trillion today. Uptober disappointed, failing to deliver the expected gains in the crypto market. The Global cryptocurrency market cap currently stands at $2.29 trillion, a slight 0.44% gain in the past day. Over the last 24 hours, trading volumes reached $50 billion, up by 5.80%. DeFi trading volumes accounted for $3.38 billion of this, or 6.76% of the daily total, while stablecoins made up 88.96% of volume, totaling $44.48 billion. Bitcoin’s market dominance rose slightly to 58.32%, reinforcing its position as the market leader. October, typically a bullish month for the crypto market often dubbed “Uptober” did not live up to expectations this year. While optimism drove prices initially, the anticipated upward momentum waned. Investors are now looking toward November with cautious optimism, hoping for stronger trends. Bitcoin (BTC) Bitcoin is trading at $67,784.02, marking a 1.08% increase in the price over the past 24 hours. BTC’s market cap has risen to $1.34 trillion, a 1.11% gain. Trading volume in the last 24 hours reached $18.87 billion, representing a surge of 19.76% and a volume-to-market-cap ratio of 1.41%. The fully diluted valuation (FDV) stands at $1.42 trillion, and BTC has a circulating supply of 19.77 million coins out of a max supply of 21 million. Technically, BTC remains in a bullish phase, with its 9-day moving average ($67,603.55) above the 21-day moving average ($65,960.81). The RSI at 59.81 indicates moderate buying pressure, but the key resistance at $70,000 could act as a psychological barrier. Should BTC break above this level, it may climb toward $72,000. However, a fall below $67,000 could bring it down to $65,000. Ethereum (ETH) Ethereum is priced at $2,483.46, with a 24-hour gain of 0.25%. Its market cap sits at $299.02 billion, reflecting a similar percentage increase. ETH’s 24-hour volume stands at $11.28 billion, a modest 3.03% rise, giving it a volume-to-market-cap ratio of 3.77%. With a total and circulating supply of 120.40 million ETH, Ethereum’s FDV mirrors its market cap at $299.01 billion. ETH opened October at around $2,400, saw a boost to $2,600 mid-month, but has since stabilized. Its 9-day MA of $2,557.42 is above the 21-day MA of $2,540.19, indicating short-term bullish sentiment. A push past the $2,800 resistance could send ETH toward $3,000. If support at $2,400 holds, this trend may continue. Solana (SOL) Solana is trading at $173.45, a 0.73% price up in the last day. Its market cap of $81.57 billion saw a 0.75% gain. With a 24-hour volume of $2.68 billion, up 22.13%, the volume-to-market-cap ratio is 3.27%. SOL’s FDV is at $101.89 billion, with a total supply of 587.40 million SOL and a circulating supply of 470.29 million. SOL started October near $170 and surged past $175 mid-month. The 9-day MA for SOL is above the 21-day MA, signaling bullish momentum. If it breaks the $180 resistance, SOL could target $190. Failure to hold support around $170 may result in a pullback to $165. Dogecoin (DOGE) Dogecoin price is at $0.1421, a 3.21% increase in the past 24 hours. Its market cap has grown to $20.82 billion, up by 3.36%, with a volume surge of 81.53% to $1.47 billion, reflecting a high volume-to-market-cap ratio of 7.05%. DOGE’s FDV is $20.85 billion, with a total and circulating supply of 146.55 billion DOGE. DOGE began October at $0.1350, and mid-month saw a jump to $0.1400. The 9-day MA is above the 21-day MA, suggesting bullish momentum. If DOGE breaks the $0.1500 resistance, it could aim for $0.1600. However, a drop below the $0.1400 support may push it back to $0.1300. Ripple (XRP) XRP’s price is at $0.5133, with a 0.16% daily increase and a market cap of $29.16 billion, a slight 0.28% gain. Trading volume is at $548.68 million, yielding a 1.88% volume-to-market cap ratio. XRP’s FDV sits at $51.29 billion, with most of its supply (56.81 billion out of 99.99 billion) in circulation. XRP remains below its 9-day and 21-day MAs, suggesting a bearish sentiment. Key support is around $0.5000, with resistance at $0.5334; a break above could hint at bullish potential. Shiba Inu (SHIB) SHIB, trading at $0.00001687, rose by 0.77% in the last day. Its market cap of $9.94 billion increased by 0.61%. SHIB’s 24-hour trading volume is $172.81 million, reflecting strong market interest and a 1.74% volume-to-market-cap ratio. With nearly all of its total 589.52 trillion supply circulating, SHIB is highly liquid. After opening October at $0.000016, SHIB saw stability through mid-month, suggesting a period of consolidation rather than volatility. Breaking its $0.00002200 resistance could revive bullish momentum. As November approaches, the crypto market remains cautiously optimistic. While Uptober underperformed, Bitcoin and Ethereum hold bullish indicators, with significant resistance levels to test. Altcoins like Solana, Dogecoin, XRP, and SHIB show unique trading patterns, with Solana and Dogecoin displaying bullish momentum. XRP and SHIB appear more stable, reflecting established investor bases. Market fundamentals and technical signals will guide these assets’ trajectories in a volatile landscape, with investors hopeful for November’s performance. Highlighted Crypto News Today Floki, Shiba Inu, and Pepe Will Flip DogeCoin in Upcoming Bull Run

Peter Brandt predicts XRP could crash, challenging investor optimism. Uptober disappointment: XRP struggles amid ongoing legal battles and volatility. XRP, one of the most prominent altcoins, continues to face challenging market conditions as it struggles to maintain investor confidence. Despite attempts to break out of its consolidated phase, the coin remains below the $0.55 resistance mark, with a recent 13% dip over the past month and a 7% drop over the last week. Currently trading at $0.5143 with a 7% loss in the past 24 hours, XRP’s trading volume has seen a modest 5% rise, yet bearish sentiment persists, exacerbated by ongoing legal pressures tied to Ripple. Adding to the market’s uncertainty, renowned commodities trader Peter Brandt recently made headlines with a stark prediction for XRP’s future. Brandt, a widely respected figure in trading circles, suggested that XRP could plummet in value due to a multi-year head-and-shoulders (H&S) pattern that’s been forming over the past decade. According to Brandt’s analysis, completing this pattern might push XRP toward near-zero valuation against Bitcoin, leaving little room for recovery. He further cautioned that XRP’s market presence could dwindle if the pattern holds, with the community eventually “disappearing” as prices decline. Meanwhile, Brandt’s critique didn’t end with his prediction. Known for his candid opinions on social media, he recently posted a humorous jab, referring to Ripple as “RIP PPL OFF,” in light of Ripple’s ongoing legal battles. This statement, alongside his warning of a potential dip to $0.20 or even lower, has stirred controversy within the XRP community, with some investors viewing Brandt’s forecasts as overly pessimistic, while others remain wary of it’s uncertain future. October Market Woes for XRP October 2024, branded as “Uptober” in crypto circles, has so far proved disappointing for XRP investors. Despite hopes for a market rebound, XRP has remained volatile, with high liquidation levels noted around key price zones. While some technical analysts point to potential manipulation or price movements aimed at capitalizing on liquidations, the price has yet to establish a clear recovery path. With Ripple’s legal challenges and Brandt’s bearish predictions looming large, it faces a challenging road ahead. Although many XRP supporters remain cautiously optimistic, stating market uncertainties, analysts suggest that a downturn to the $0.20 mark is a plausible scenario. Highlighted News Of The Day FTX Bankruptcy Estate Reaches $228M Settlement with Bybit Exchange

Major meme coins are anticipated to surpass Dogecoin. The meme coin market cap stands at $60.8B, marking a 16% drop. As the cryptocurrency market begins to signal recovery, it anticipates the next incoming bull run. Eventually, the market attention has turned toward meme coins like Floki, Shiba Inu, and Pepe. Some crypto analysts suggest the assets could surpass Dogecoin’s dominance. With a notable 16% decline in the last 24 hours, the meme coin market cap stands at $60.8 billion. Major meme coins in the market are priced in red. Besides, Dogecoin remains Elon Musk’s favorite cryptocurrency. Donald Trump announced a government efficiency commission if he is re-elected, led by Musk. Analysts expect the price of Dogecoin to push toward a new all-time high in case of a Trump victory. The Dogecoin price is currently positioned at $0.1442, with gains over 4.50%. Its daily trading volume increased by over 73% to $1.42 billion, as per CMC data. The peak price of the asset is observed at $0.1459 and the lowest at $0.1366. Notably, Dogecoin is trading approximately 80% below its all-time high (ATH). FLOKI Floki is a substantial part of the upcoming bull run. The dog-themed meme coin is trading at $0.0001321, losing over 0.91% in the past 24 hours. FLOKI has noted a low trading price of $0.0001313 and a peak price of $0.0001361. FLOKI price chart (Source: CMC) Over the last seven days, the asset has lost a notable 15%, plunging to $0.0001287. Meanwhile, the asset is currently trading 60% below its all-time high. Shiba Inu The meme coin is currently trading at $0.00001689 while expecting positive price momentum in the incoming bull run. While comparing Dogecoin, the asset has lost over 0.70% in the past 24 hours. SHIB has recorded a peak price of $0.00001732 and a lowest price of $0.00001684, over the day. SHIB price chart (Source: CMC) Moreover, at press time, SHIB is trading below 80% of its all-time high record. And, in the past week, the meme coin has plummeted by over 12%, to $0.00001636. PEPE The frog-themed meme coin has gained analyst attention over Dogecoin for the anticipated bull run. At press time, the asset trades at $0.000008848, plunging by 2.94% over the last 24 hours. PEPE’s lowest and highest prices over the day were marked at $0.000008845 and $0.000009257, respectively. PEPE price chart (Source: CMC) The meme coin observed a loss of over 17% to $0.000008545 in the last seven days. Besides, the meme coin is trading over 48% below its all-time high price. On the other hand, in the meme coin market, the assets are grappling to hold their ground and regain their momentum for the incoming bull run. The volatile crypto market is positioning the tokens for a potential flip. Highlighted Crypto News FTX Bankruptcy Estate Reaches $228M Settlement with Bybit Exchange

Goatseus Maximus (GOAT), a new meme coin on the block, has taken the crypto community by storm with its aggressive surge since launching earlier this month. In just two weeks, GOAT skyrocketed from virtually zero to over $900 million in market capitalization, drawing comparisons with last year’s memecoin sensation, PEPE. This rapid ascent has captivated both analysts and investors, who are beginning to see GOAT as a potential contender for memecoin dominance in the current market cycle. Much like PEPE’s explosive rise in 2023, GOAT has defied initial skepticism, proving that meme coins still hold significant sway among crypto enthusiasts and speculative traders. With its rapidly growing community and social media buzz, many are asking if GOAT has what it takes to become this cycle’s meme coin reference point. As the excitement builds, the market is closely watching to see if GOAT can maintain its momentum and establish itself as the next big name in the unpredictable world of meme coins. Can GOAT Lead Meme Coins This Cycle? Top crypto analyst and investor Daan recently shared an insightful comparison on X between the rising meme coin Goatseus Maximus (GOAT) and 2023’s sensation, PEPE. In his analysis, Daan noted that while GOAT has surged remarkably since its recent launch, the initial trajectory of PEPE was even faster. PEPE reached a market cap of approximately $1.4 billion within 22 days of launching, whereas by day 17, it held around $600 million—close to GOAT’s current standing. Daan emphasized that PEPE’s local peak occurred when Binance listed it for spot and perpetual contracts, sparking a “blow-off top.” This listing and the subsequent price spike marked a turning point, as PEPE didn’t return to those price levels for another 10 months. Daan also highlighted other quick-surge tokens, such as SLERF and BOME, which ran higher earlier this year during a local market peak. However, he believes GOAT and PEPE stand apart as probable long-term players in the meme coin space, given their roles as sector leaders. By positioning GOAT alongside PEPE, Daan underscored the potential for GOAT to mirror PEPE’s lasting appeal among investors. As GOAT continues to gain traction, the market remains speculative, and comparisons like Daan’s shed light on how meme coins like GOAT could evolve—either stabilizing as a major player or facing a similar volatility cycle post-peak. With GOAT’s market cap climbing and interest growing, time will tell whether it can follow a similar trajectory to PEPE or carve out a unique legacy within the meme coin sector. Price Action: Technical View GOAT is currently trading at $0.637 after a retrace from its all-time high of $0.915. While data on GOAT’s price movements remain limited due to its recent launch, the 4-hour chart reveals essential levels that could define near-term demand and supply zones. The key demand level to watch is around $0.56—previously a significant resistance since GOAT’s debut, now flipped to act as strong support. If GOAT can hold above this $0.56 mark, it could signal sustained interest from buyers, positioning the token for another upward move. On the supply side, $0.72 is the next critical zone to test. A push through this level would likely bring new bullish momentum as traders look for higher levels and potential gains above recent highs. The $0.72 area will act as short-term resistance, and should GOAT manage to break through it, the price could move toward a fresh all-time high. As GOAT’s momentum develops, these levels offer a framework for monitoring its price action and gauging potential shifts in the market sentiment surrounding this rising meme coin. Featured image from Dall-E, chart from TradingView

The altcoin sector has seen several cryptocurrencies that show potential for price breakouts in 2024. Ripple and SEC’s lawsuit is still persisting with Ripple applying for Cross Appeal recently. It is not novel that the US regulatory body, the Securities and Exchange Commission, has been targeting several cryptocurrency firms. At present, its lawsuit against Ripple has gained the spotlight, with the latest update being Ripple’s filing for the Cross Appeal. However, despite the lawsuit, Ripple’s XRP has managed to maintain a positive market sentiment, showing potential for price increases. In the past few hours, XRP has factored in a modest price dip of 0.58% and was trading at $0.51 at the time of writing. On the other hand, the altcoin has shown increased activity in the past months in terms of on-chain activity and other advancements. The firm also debuted crypto custody services this month, showing strong potential for performance in 2025 as well. This article identifies other such altcoins including Uniswap, Worldcoin, and Bittensor showing potential for significant growth and performance in 2025. Uniswap (UNI) Uniswap has recorded a yearly increase of 79.68% in its price, in spite of the recent downward movements. The token’s firm Uniswap Labs is yet another firm combating regulatory complications, courtesy of the SEC’s actions. However, this has not prevented Uniswap Labs in its innovation as the recent launch of the Unichain highlights. UNI/USDT Daily Price Chart (Source: TradingView) Since the launch of its own blockchain UNI has shown modest price increases. Additionally, along with its recent upgrades, the altcoin has shown potential for bullish performances in 2025. Moreover, the token’s short-term 9-day MA still has been holding fort above the 21-day MA indicating a positive trend despite dips. At the time of writing, UNI was trading at $7.409 as per CMC data. Worldcoin (WLD) The World community recently caught the spotlight by launching the World Chain last week. Additionally, it also rebranded to World as per recent reports. Previously, in September 2024 Worldcoin had shown significant price increases garnering market attention specifically for its price actions. However, in the past few weeks, the altcoin has seen a bearish takeover as prices have dropped by 6.43% in the last 30 days. At the time of writing, WLD was trading at $1.951 as per TradingView data. WLD/USDT Daily Price Chart (Source: TradingView) On the other hand, when zooming out over the yearly chart WLD shows a price increase of 4.13%. This can be taken as an indication that the token might still hold the potential for price breakouts. Moreover, its short-term 9-day MA stands above the long-term 21-day MA highlighting a bullish trend in price. Bittensor (TAO) AI cryptocurrencies in the past week briefly took to the spotlight owing to positive price momentum and increased activity. Bittensor Network’s native token TAO has shown a significant 571.26% in the past year. This indicates a positive momentum that might follow in the upcoming year. TAO/USDT Daily Price Chart (Source: TradingView) The altcoin has shown intriguing price actions in the past months although bearish. It is attempting to break resistance and inch closer to begin trading above its SMA. At the time of writing, TAO was trading at $497.2 as per CMC data. Highlighted Crypto News Today: FTX Bankruptcy Estate Reaches $228M Settlement with Bybit Exchange

Bitcoin is on its way to retesting the $69,000 price level again in the early hours of Monday, October 28, as the bulls look to start the week on a positive note. A notable break above $69,000 would set the stage for a sustained rally in the coming months. Speaking of sustained rally, the Bitcoin Stock-to-Flow model is pointing to an interesting trend in the long-term outlook for Bitcoin. Particularly, crypto analyst Plan B made reference to the Stock-to-Flow model to suggest that BTC is ready for the next phase transition. BTC Is Ready For Next Phase Transition The Bitcoin Stock-to-Flow (S2F) model is drawing attention as it signals that Bitcoin may be gearing up for a new phase transition that would solidify its price above $100,000. The S2F model, originally developed for commodities like gold and silver, measures an asset’s existing supply against the rate of new units entering the market. In the case of BTC, the S2F model calculates scarcity by taking its fixed supply of 21 million BTC into account, along with the block reward halvings that reduce new supply every four years. Each halving event decreases the issuance rate, creating an increasing scarcity that the model correlates with price growth. According to the S2F chart shared by Plan B, these halvings have led to price increases in the months after, with the S2F model accurately forecasting Bitcoin’s transitions into new price levels. Bitcoin last halved in April 2024, resulting in the block reward slashing from 6.25 BTC to 3.125 BTC. According to the S2F chart, past Bitcoin halvings have always started the price transition into a new phase. The 2020 halving, for example, kickstarted the transition into a new phase above $10,000 that culminated in BTC reaching the previous all-time high of around $66,000. Now that the April 2024 halving is six months behind us, the effects of the halving are starting to be factored into the supply and demand of Bitcoin. As such, Bitcoin is looking prime for a phase transition above $100,000. What Does This Mean For Bitcoin Price? As past phase transitions have played out, a phase transition above $100,000 would solidify the Bitcoin price above this level. With the $100,000 price level now serving as a price floor, this would give the Bitcoin price the support to keep increasing in the months after. Previous phase transitions have always led to a new peak before another halving. The anticipated peak for this phase is just below $1,000,000. If past trends hold true, the Bitcoin price could reach this impressive milestone ahead of the next halving, which is expected to take place in 2028. At the time of writing, Bitcoin is trading at $68,340.

Top international Web3 players are coming to India Blockchain Week (IBW) from 30th November to 8th December 2024 in Bangalore, to foster purposeful collaboration with the Indian innovation ecosystem. Returning this year with over 100 exciting events, IBW is the country’s first-ever multi-chain platform catalyzing mass adoption of blockchain innovation across industries. Some of the events include the flagship IBW Conference, IBW chain-agnostic Hackathon, IBW Web3 Demo Day, ETH India Hackathon, and more, bringing together the brightest minds in the Web3 ecosystem along with policymakers to create a conducive environment for cross-border partnerships. The Indian government’s growing focus on blockchain innovation has driven initiatives like the National Blockchain Framework (NBF) to enhance information security, transparency, and efficiency for digital governance and service delivery. Launched under the same initiative by the Ministry of Electronics and Information Technology (MeitY), the Vishvasya Technology Stack offers Blockchain-as-a-Service (BaaS) through data centers across Pune, Hyderabad, and Bhubaneswar, supporting various permissioned blockchain applications. These efforts reflect the government’s commitment to advancing and implementing blockchain solutions. Hosted by Hashed Emergent, a Web3 Venture Capital firm, the 2-day flagship IBW Conference will take place on the 4th and 5th of December at the Sheraton Grand Bengaluru Whitefield Hotel & Convention Center, hosting prominent speakers including Sandeep Nailwal, Co-founder of Polygon, Avery Ching, Co-founder and CTO of Aptos, Keone Hon, CEO of Monad, and Chen Fang, COO of BitGo. Alongside Indian policymakers, entrepreneurs, and developers, the conference will facilitate discussions on India’s vibrant tech talent, its market adaptability for technological advancements, and the evolving regulatory landscape. Avery Ching, the Co-founder & CTO of Aptos Labs, commented, A consultation panel, led by the Department of Economic Affairs (DEA), is currently collaborating with industry stakeholders, including experts, companies, and the public, to establish regulations for cryptocurrency in India. IBW Conference will act as a vital platform for dialogue between policymakers and industry experts, providing a roadmap for India’s potential in this sector. India’s innovation ecosystem is fueling global blockchain growth contributing to over 12% of the world’s Web3 developers and housing more than 1,000 startups, according to a joint report by Hashed Emergent and KPMG India. To further drive this momentum, IBW Demo-Day on December 4th will spotlight 15 leading Indian Web3 startups, showcasing their projects to an audience of investors, founders, and developers. ETH India Hackathon, running from December 6-8, will host over 1,500 developers, making it one of the country’s largest Ethereum hackathons. The IBW Hackathon will see 250+ participants, with the top ten projects competing for prizes and a chance to present at IBW2024 Conference. With sponsors like Polygon, Aptos, Starkware, and Starknet Foundation, IBW 2024 Conference will unite the largest ecosystems of start-ups, developers, and investors in the global web3 industry. Last year’s IBW Conference featured Vitalik Buterin (Ethereum), Jayant Sinha (Former Member of Parliament), Sebastien Borget (Sandbox), Charles Guillemet (Ledger) among others as speakers. About India Blockchain Week (IBW) India Blockchain Week (IBW) is India’s largest series of blockchain and Web3 events, set to unify the global and local blockchain communities from November 30th to December 8th, 2024. With over 100 events, including the IBW2024 Conference, ETHIndia, IBW Demo-day, IBW Hackathon, and other networking opportunities, IBW provides a platform for thought leadership and collaboration across the blockchain ecosystem. About Hashed Emergent Hashed Emergent is the venture capital arm of Hashed, backing builders from India and emerging markets shaping the on-chain frontier. It invests at the earliest stages of a web3 startup’s journey, using its expertise, experience, and network to amplify their growth and success. The team is rooted in the cultural hubspots of web3 in emerging markets, spanning across Bangalore, Seoul, Singapore, Lagos and Dubai. Hashed Emergent drives web3 focused ecosystem and community expansion in these markets through its purpose-built initiatives. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Floki Inu (FLOKI) is having a hard time because of bearish patterns in the market, which is making buyers nervous. Some predictions say the price could go up by 220%, hitting $0.00044 by November 26, 2024. However, new research shows that the short-term technical signs point in a different direction. Crypto analyst Alan Santana has pointed out that the token’s current sideways movement may signal further declines. Since reaching a high in March 2024, FLOKI has been trapped in a bearish trend, unable to regain its previous momentum. After a brief rally in June, the price has stagnated, reflecting a shift in market sentiment. According to Santana, traders should “prepare for the crash”, given the current negative market dynamics in play, based on his examination of the memecoin’s price movement. Analyzing The Current Dynamics The current technical indicators show a disturbing trend for Floki Inu. It seems the token is experiencing a long consolidation phase, which can be termed as a “distribution phase,” and the sellers are in charge. The heavy trading volumes during its earlier bullish moves, particularly in February and March, have shifted to heavy selling in recent weeks. As of now, FLOKI trades at $0.0001315, down 1.20% over the past day, and many are watching key support levels closely. Two really important support zones have developed. Should the bearish trend persist, analysts estimate FLOKI would retest the initial support level at $0.00009557. Should that break, the token may drop to a possible lowest value of $0.00004200. For those clinging to their tokens, this situation begs questions about whether it is time to change their stance. Fibonacci Levels Suggest Weakness Another technical indicator that is negative in its sentiment is the Fibonacci retracing levels. Most importantly, for FLOKI to dominate the market, it has been consistently rejected at the 0.618 and 0.786 levels. The persistent rejection of the price here indicates that the positive feeling is being crushed. Price action shows that FLOKI will go below its current trading range, which piles on more pressure on the holders as well. Caution For Investors In view of these contradictory messages, investors should still be extremely cautious. Since the immediate future seems hard, many predictions indicate there’s going to be an uptrend, and investors can hit a price that might reach $0.00044 at the end of November. However, many traders remain skeptical given the current sentiment. The Fear & Greed Index reads at 69, marking a greed level in the market. It is basically what leads to downturns. For the last month, FLOKI had its green days at 43%, volatility rate at 7.48%. Prior to making any decisions, it could be prudent for individuals wishing to enter the market to wait for more distinct indications of positive mood. When it comes to cryptocurrency, timing can be crucial. Featured image from Pexels, chart from TradingView

BNB price corrected gains below the $580 level. The price is now recovering higher and facing hurdles near the $590 resistance zone. BNB price started a downside correction from the $600 resistance zone. The price is now trading below $590 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $585 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $590 level to start another increase in the near term. BNB Price Aims Fresh Increase After struggling above $605, BNB price saw a downside correction. The price dipped below the $590 and $585 support levels like Ethereum and Bitcoin. There was a move below the $580 and $575 levels. The price even dipped below $572 before the bulls appeared near $590. A low was formed at $565 and the price is now correcting losses. It climbed above the $575 level and the 50% Fib retracement level of the downward move from the $598 swing high to the $565 low. There was a break above a connecting bearish trend line with resistance at $585 on the hourly chart of the BNB/USD pair. The price is now trading below $590 and the 100-hourly simple moving average. If there is a fresh increase, the price could face resistance near the $590 level or the 76.4% Fib retracement level of the downward move from the $598 swing high to the $565 low. The next resistance sits near the $598 level. A clear move above the $598 zone could send the price higher. In the stated case, BNB price could test $605. A close above the $605 resistance might set the pace for a larger move toward the $620 resistance. Any more gains might call for a test of the $632 level in the near term. Another Decline? If BNB fails to clear the $590 resistance, it could start another decline. Initial support on the downside is near the $585 level. The next major support is near the $582 level. The main support sits at $572. If there is a downside break below the $572 support, the price could drop toward the $565 support. Any more losses could initiate a larger decline toward the $550 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently near the 50 level. Major Support Levels – $585 and $582. Major Resistance Levels – $590 and $598.

XRP price is attempting a recovery wave from the $0.4880 zone. The price must clear the $0.5200 and $0.5320 resistance levels to start a decent increase. XRP price is correcting losses from the $0.4880 zone. The price is now trading below $0.5220 and the 100-hourly Simple Moving Average. There was a break above a short-term bearish trend line with resistance at $0.5150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5220 resistance zone. XRP Price Struggles To Gain Pace XRP price remained in a bearish zone and extended losses below $0.5200, like Bitcoin and Ethereum. There was a move below the $0.5050 and $0.5000 levels. The price even dipped below $0.4950 and tested $0.4880. A low was at $0.4867 and the price is now attempting to recover losses. There was a move above the 50% Fib retracement level of the downward wave from the $0.5233 swing high to the $0.4867 low. There was a break above a short-term bearish trend line with resistance at $0.5150 on the hourly chart of the XRP/USD pair. The price is now trading below $0.5220 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5200 level. The first major resistance is near the $0.5220 level or the 76.4% Fib retracement level of the downward wave from the $0.5233 swing high to the $0.4867 low. The next key resistance could be $0.5320. A clear move above the $0.5320 resistance might send the price toward the $0.5500 resistance. Any more gains might send the price toward the $0.5550 resistance or even $0.5620 in the near term. The next major hurdle might be $0.5650. Another Drop? If XRP fails to clear the $0.5220 resistance zone, it could start another decline. Initial support on the downside is near the $0.5100 level. The next major support is near the $0.5050 level. If there is a downside break and a close below the $0.5050 level, the price might continue to decline toward the $0.5000 support in the near term. The next major support sits near the $0.4880 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.5050 and $0.5000. Major Resistance Levels – $0.5220 and $0.5320.

The estate had first sued the exchange in 2023, attempting to recoup monies. The court still has to accept the settlement accord before the settlement deal can go through. In a legal filing made public on October 24th, the FTX bankruptcy estate announced a $228 million settlement with the Bybit exchange. The estate had first sued the exchange in 2023, attempting to recoup monies owed to creditors and former clients. The filing states that FTX will be able to sell some $53 million worth of BIT tokens to Mirana Corp, an investment arm of the Bybit exchange. And withdraw $175 million worth of digital assets from Bybit as a result of the settlement deal. Even if FTX’s allegations are valid, the company’s lawyers said that taking the matter to court would be too onerous. Preferential Withdrawal Rights The court still has to accept the settlement accord. but the two sides have set a hearing on November 20, 2024, to finalize the agreement. In November 2023, FTX initially sued Bybit and Mirana for $1 billion. Claiming that the entities had pre-emptively withdrawn around $327 million worth of digital assets and cash using their “VIP” access and tight relationship with FTX executives, just before FTX’s final collapse. Mirana and others were allegedly granted preferential withdrawal rights from the FTX team during the early stages of the collapse, according to attorneys representing the FTX bankruptcy estate. These privileges were recorded in a database. The years-long bankruptcy processes were fraught with legal conflicts. Including the litigation against Bybit, which the FTX estate and legal counsel for the former exchange had to manage. Moreover, investors in FTX willingly withdrew their complaint against Sullivan & Cromwell, the law firm that had represented FTX in several transactions while the business was running, when Judge John Dorsey approved the restructuring plan. Highlighted Crypto News Today: Emory University Invests Over $15M in Grayscale Bitcoin Mini ETF

After consolidating for almost a month the price broke below the $0.52 support level. The price has been facing severe selling pressure lately and found support at $0.49. Ripple is continuing its legal battle with the U.S. Securities and Exchange Commission (SEC) by pursuing a cross-appeal in the long running lawsuit. Ripple submitted a Form C on October 24, 2024, outlining the main points that will be discussed in the appeal. On social media, Ripple’s Chief Legal Officer Stuart Alderoty discussed the submission in length, highlighting important aspects of the appeal and its impact on the company and the cryptocurrency market as a whole. The question of whether Ripple’s digital asset XRP is fundamentally a security is not at the heart of the appeal. It has already been decided that XRP is not a security, and Alderoty has said again that this is not being contested in this appeal. Bears in Control At the time of writing, XRP is trading at $0.5149, up 0.53% in the last 24 hours as per data from CMC. Moreover, the trading volume is down 57.35%. After consolidating for almost a month the price broke below the $0.52 support level. The price has been facing severe selling pressure lately and found support at $0.49 mark. Prominent crypto analyst Dark Defender, whose XRP price forecasts tend to go viral, released another prediction yesterday. The research shows that XRP is now challenging a key blue support line around $0.4864, which is slightly higher than the $0.4850 level. If the price manages to climb above $0.52 level, then it will likely climb further to test $0.55 resistance level. However, if the price falls below $0.49 level, then it will likely decline further to test $0.43 support level.

Ethereum price extended losses and tested the $2,380 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,5250 level. Ethereum started a recovery wave from the $2,380 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $2,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,520 and $2,550 resistance levels. Ethereum Price Aims Higher Ethereum price extended its decline below the $2,250 level unlike Bitcoin. ETH traded as low as $2,379 and recently started an upside correction. There was a minor increase above the $2,420 level. The price traded above the 50% Fib retracement level of the downward wave from the $2,562 swing high to the $2,379 low. The bulls even pushed the price above the $2,500 resistance but struggled near $2,520. Ethereum price is now trading below $2,500 and the 100-hourly Simple Moving Average. There is also a short-term rising channel forming with support at $2,480 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $2,520 level and the 100-hourly Simple Moving Average. It is close to the 76.4% Fib retracement level of the downward wave from the $2,562 swing high to the $2,379 low. The first major resistance is near the $2,550 level. The main resistance is now forming near $2,600. A clear move above the $2,600 resistance might send the price toward the $2,650 resistance. An upside break above the $2,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,750 resistance zone. Another Decline In ETH? If Ethereum fails to clear the $2,520 resistance, it could start another decline. Initial support on the downside is near the $2,480 level. The first major support sits near the $2,420 zone. A clear move below the $2,420 support might push the price toward $2,380. Any more losses might send the price toward the $2,320 support level in the near term. The next key support sits at $2,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now near the 50 zone. Major Support Level – $2,450 Major Resistance Level – $2,520

Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $68,750 resistance zone. Bitcoin Price Eyes More Upsides Bitcoin price found support near the $65,500 zone. A low was formed at $65,531 and the price started a fresh increase above the $66,200 resistance. The price climbed above the $67,000 and $67,500 levels. There was a move above the 61.8% Fib retracement level of the downward move from the $68,699 swing high to the $65,531 low. There is also a connecting bullish trend line forming with support at $67,400 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $67,200 and the 100 hourly Simple moving average. On the upside, the price could face resistance near the $68,000 level. It is close to the 76.4% Fib retracement level of the downward move from the $68,699 swing high to the $65,531 low. The first key resistance is near the $68,500 level. A clear move above the $68,500 resistance might send the price higher. The next key resistance could be $68,750. A close above the $68,750 resistance might initiate more gains. In the stated case, the price could rise and test the $69,200 resistance level. Any more gains might send the price toward the $70,000 resistance level. Any more gains might call for a test of $71,200. Another Decline In BTC? If Bitcoin fails to rise above the $68,000 resistance zone, it could start another decline. Immediate support on the downside is near the $67,400 level and the trend line. The first major support is near the $67,200 level. The next support is now near the $66,250 zone. Any more losses might send the price toward the $66,000 support in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $67,400, followed by $67,200. Major Resistance Levels – $68,000, and $68,750.

Michael Saylor’s MicroStrategy is back in the news, with its stock trading at a 25-year high. TradingView’s recent data shows that MicroStrategy (MSTR) hit $235.89 in Thursday’s session. The stock’s price increased by more than 7% on October 25th. MicroStrategy’s price action last Thursday continued its 6-week rally and came ahead of its scheduled Q3 earnings report. This week’s stock performance reflected the company’s consistent growth over the past few years. MicroStrategy has outperformed most of its peers in the S&P 500 index and even outpaced Microsoft’s growth since 1999. According to observers, MicroStrategy is bullish, with market analysts listing $245 as the stock’s next target. MicroStrategy Continues Its Bitcoin Focus MicroStrategy, a Virginia-based Bitcoin development company, is currently the world’s largest corporate holder of Bitcoin, with 252,222 BTC. With Bitcoin’s current price of $67,392, the company holds more than $17 billion in assets. Initially, the company developed software to analyze external and internal data to help decision-making, with IBM Cognos, Oracle Corporation’s BI Platform, and SAP AG Business objects as its primary competitors. However, in August 2020, the company changed its business model to focus on Bitcoin. The company has raised $4.25 billion from its equity offerings, the foundation for growing its Bitcoin holdings. MicroStrategy’s Bitcoin Plan Has Its Costs, Too As part of its Bitcoin plan, it aims to buy BTC at every opportunity. For the most part, Saylor’s strategy was a hit. However, the business plan to focus on Bitcoin came at a cost, and Saylor earned a few detractors and critics along the way. For example, the company has expanded its convertible note offering to raise funds to buy more Bitcoin. However, the bulk of these notes do not mature until 2032. Some market observers also say that MicroStrategy is in a difficult situation, especially during market downturns. Since the company relies on Bitcoin, the company’s future is dependent on crypto’s extreme volatility. Although most criticisms are valid, Michael Saylor remains defiant and has since doubled its BTC investments. Next Target For MicroStrategy Is $245 Market observers are now bullish on Saylor’s company. According to Mark Palmer, the company’s stock has boasted a 17.8% yield since starting its Bitcoin strategy. Palmer and the other analysts now target $245 to address this sudden surge and bullish sentiment. Palmer adds that the company’s share price has increased by 1,600% in the last four years, and more gains are possible. It also helps that Michael Saylor has remained steadfast in his vision and passion for Bitcoin. In a recent Twitter/X post, MicroStrategy’s executive chairman hinted at the company’s next move and made a pitch to Microsoft’s Satya Nadella. Featured image from Dall.E, chart from TradingView

Analysts predicted that Ethereum price could exponentially increase as whales become more interested in the crypto asset, with whale activity hitting a six-week high. Despite the projected growth, an Ethereum insider suggested that the cryptocurrency should address several key issues to ensure that it can continue to flourish. Ethereum: Projected Price Upsurge Analyst Bаsictrаdingtv stated that prices of Ethereum could skyrocket as there is a growing interest among investors to buy the digital asset, saying that a 60% price hike is highly likely to happen. Blockchain data analysis firm Santiment identified a spike in whale activity on the Ethereum network and recommended a potential purchasing spree. According to their recent update, whale activity reached a six-week high, with average holders accumulating Ethereum after the con’s recent price decline. Projections shown by market observers suggested that Ethereum prices could soar and hit the $4,000 mark with some analysts forecasting that it might even breach the $6,000 level. Ethereum price growth could be fueled by its growing appeal to whales as demonstrated in the six-week high whale activity wherein more than 6,400 new wallets were made by large investors. Bаsictrаdingtv also agreed that Ethereum prices could reach the $4,000 level. However, he hinted that the possible bullish breakout would be invalidated if the ETH price dipped to $2,000, saying that this “pricе zonе” is a key indicator that should be kept an eye on. Recalibrating Protocol For Growth Meanwhile, Ethereum co-founder Vitalik Buterin said in a post that there are several issues that the cryptocurrency needs to address to thrive in the ever-evolving crypto space. Buterin explained that one of these issues is to simplify its protocol and ensure its continuous growth, saying that the coin’s protocol has become more complicated and it already undermines Ethereum’s integrity and security. He said that simplification of the protocol could help address the said issue. He explained that Ethereum has already implemented changes in the past, citing the removal of the SELFDESTRUCT opcode as an example. The SELFDESTRUCT opcode was known to complicate interactions among users and posed potential security risks. However, Buterin cautioned that the removal of such features must be conducted in a systematic approach so developers could see the impact of such action before implementing the changes. Solving The Storage Problem Another critical issue raised by Buterin is the storage problem being experienced by the cryptocurrency. Buterin said that Ethereum needs at least 1.1 terrabytes of storage to house its enormous historical data. He suggested the implementation of “cryptographic proofs of the state”, adding that this solution will allow nodes to retain only a fragment of the histories. He added that this approach is the same as the torrent system wherein nodes only keep pieces of data that intersect from one node to another. At the time of writing, Ethereum is being traded аt $2,470, a 2.84% price dip in the last 24 hours. On the other hand, ETH’s trаding volumе went up by more than 30% to nearly $22 billion in only a single day. Featured image from Forbes, chart from TradingView

Bitcoin ETFs ended last week on another positive note with $997.70 million in net inflows and demand reaching its highest level in six months. Undoubtedly, these ETFs have marked the turning point for Bitcoin and other cryptocurrencies since the beginning of the year, as it opened up the cryptocurrency to inflows from every side. Interestingly, data has shown that retail investors are responsible for most of the demand for Spot Bitcoin ETFs, accounting for 80% of the total assets under management. Bitcoin ETFs Changing The Narrative According to Bloomberg data, Bitcoin ETFs have dominated the ETF landscape in 2024, claiming the top four positions for inflows among all ETFs launched this year. Specifically, out of the 575 ETFs introduced thus far, 14 of the top 30 are new funds focusing on Bitcoin or Ethereum. The standout performer is the BlackRock IBIT fund, which has attracted over $23 billion in year-to-date inflows. Last week was another example of the positive performance in Spot Bitcoin ETFs, despite the coin’s consolidation below the $68,000 price level. According to flow data from SosoValue, weekly inflows started on a positive note on Monday, October 21, with $294.29 million entering the funds and ended the week with $402.08 million in inflows on Friday, October 25. Interestingly, Spot Bitcoin ETFs now hold about 938,700 BTC in 10 months since launch and are steadily approaching the 1 million BTC mark. Although these ETFs have opened doors for institutional investors, a recent report from crypto exchange Binance indicates that retail investors are the primary drivers of this surge in demand, accounting for 80% of the holdings in Spot BTC ETFs. Originally intended to provide institutional investors access to BTC, Spot Bitcoin ETFs have now become the preferred choice for many individual investors looking to take advantage of the regulatory clarity they offer. Nonetheless, there has been a steady demand from the institutional side, with institutional holdings rising by 30% since Q1. Among institutional investors, investment advisers have emerged as the fastest-growing party, with their holdings increasing by 44.2% to reach 71,800 BTC this quarter. What’s Next For Spot Bitcoin ETFs? Thanks to the rapid growth of Bitcoin exchange-traded funds, an impressive 1,179 institutions, including financial giants such as Morgan Stanley and Goldman Sachs, have joined the crypto’s cap table in less than a year. For comparison, Gold ETFs were only able to attract 95 institutions in their first year of trading. This upward trajectory of institutional investments in Bitcoin is poised to continue into the foreseeable future, which bodes well for the overall price outlook of Bitcoin. As these ETFs attract more institutional capital, they are likely to produce second-order effects like increased BTC dominance, improved market efficiency, and reduced volatility that could significantly benefit the cryptocurrency ecosystem. At the time of writing, Bitcoin is trading at $67,100. Featured image from Reuters, chart from TradingView

For years, Ethereum has held its place as the second-largest cryptocurrency, ranking just below Bitcoin. Now, its position is being challenged by innovative newcomers promising faster transactions, lower fees, and enhanced capabilities. These emerging platforms could reshape the crypto landscape. Explore the top three contenders aiming to overtake Ethereum in this rapidly evolving market. CYBRO Presale Achieves $3 Million Milestone: A One-in-a-Million Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This cutting-edge 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 an exciting development, CYBRO has also launched a referral program, offering 12% from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are sent weekly in USDT, and referees earn double CYBRO Points on their first deposit using the referral code. In addition to tokens, CYBRO introduces exclusive Points, providing even greater benefits for investors. These Points grant automatic entry into the CYBRO Airdrop, where the number of tokens you receive is proportional to the Points you hold. Up to 1 million Points are distributed weekly, earned by investing 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 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%<<< Stellar (XLM): Streamlining Global Payments with Blockchain Stellar (XLM) is a decentralized network that uses blockchain to make moving money fast and affordable. It allows users to transfer any type of currency, including digital versions of national currencies and cryptocurrencies like Bitcoin. Stellar has processed billions of transactions and partnered with major companies. Its goal is not to replace existing financial systems but to connect them, providing a network where they can work together. People can use Stellar apps to send money around the world, and businesses can build blockchain applications or use the network for payments and currency exchange. The Stellar Development Foundation supports the network, promoting its use and maintaining its infrastructure. Exploring Aave: A Decentralized Lending Platform on Ethereum Aave is a cryptocurrency that offers a decentralized lending system on the Ethereum blockchain. It allows users to lend, borrow, and earn interest on crypto assets without the need for intermediaries. Using smart contracts, Aave manages assets through code, providing trust and security. The platform supports lending and borrowing of 17 different cryptocurrencies. Borrowers receive aTokens representing their loans and can earn interest. Aave also introduces flash loans, which are instant and require no collateral but must be repaid within the same blockchain block. AAVE tokens are central to the ecosystem, offering benefits like fee waivers and voting rights on protocol changes. The Safety Module provides a staking mechanism for risk mitigation, enhancing the value of AAVE. Conclusion In conclusion, while tokens like XLM and AAVE offer unique features in the crypto market, their short-term potential appears limited. In contrast, CYBRO emerges as a leading DeFi platform, providing investors with exceptional opportunities to boost their earnings through AI-powered yield aggregation on the Blast blockchain. With benefits such as high staking rewards, exclusive airdrops, and cashback on purchases, CYBRO delivers a top-tier user experience with smooth deposits and withdrawals. Its focus on transparency, compliance, and quality distinguishes it as a standout project. This has attracted strong interest from major investors and influential figures in the crypto community, signaling a promising future for CYBRO. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io