Cointelegraph Accelerator, a startup booster leveraging Cointelegraph’s capabilities as a media and strategic partner, has announced the launch of the application process for its upcoming cohort, inviting innovative Web3 startups to apply for the program. The application period runs from October 24, 2024, to January 31, 2025, with the cohort set to commence in the first quarter of 2025. The program supports early-stage crypto and blockchain companies by providing them with the necessary resources to scale. Selected startups receive seed investments and benefit from Cointelegraph’s extensive media reach, marketing expertise, industry connections and mentorship from seasoned professionals, positioning them for accelerated growth and success in the competitive Web3 landscape. An accelerator designed for impact Cointelegraph Accelerator’s program structure is crafted to offer much more than just funding. Participants receive: An investment of up to $100,000 to scale operations to enhance product development and expand market reach. Mentorship and advisory from industry experts, providing guidance and insights from experienced leaders to help up-and-coming Web3 startups navigate challenges, refine business strategies and capitalize on emerging opportunities. Integration into Cointelegraph’s network enables connections with a vast array of investors, strategic partners, KOLs and thought leaders in the crypto and blockchain sectors. Access to Cointelegraph media products allows startups to utilize Cointelegraph’s global media platform to amplify visibility, engage with a broader audience and establish a strong market presence. Marketing expertise from a team with over 10 years of Web3 experience, including a critical assessment of value proposition, enhancement of go-to-market strategies, and best practices for PR, social media and community management Focus areas for the cohort The accelerator program is seeking applications from projects that are innovating within key verticals poised to shape the future of the blockchain industry: Payments Projects focusing on innovative payment technologies that facilitate seamless, secure and cost-effective transactions using crypto and blockchain rails. These solutions aim to enhance global commerce by making financial exchanges more accessible and efficient for individuals and businesses. Infrastructure Projects developing infrastructure solutions that serve as the backbone of blockchain technology. This includes advancements in blockchain protocols, DePIN, scalability solutions, infrastructure layers supporting AI and interoperability frameworks that enable other projects to build and thrive upon these foundations. Decentralized finance (DeFi) Projects creating decentralized protocols and platforms that provide alternatives to conventional banking, lending and investment services. By leveraging blockchain technology, these solutions aim to democratize finance, reduce reliance on intermediaries and empower users with greater control over their assets. Real-world assets (RWA) Projects that bring tangible items — such as securities, real estate and commodities — onto the blockchain through real-world asset tokenization. This integration allows for fractional ownership, improved liquidity and broader investment opportunities, making markets more inclusive and efficient. Consumer Applications Projects that develop solutions in areas like digital identity management, loyalty and rewards programs, social media platforms and content delivery networks. These applications aim to simplify user experiences, enhance security and offer new value propositions to everyday users, thereby accelerating the integration of blockchain technology into daily life. Program Structure and Duration The Accelerator is a 12-week intensive program conducted entirely remotely, providing flexibility and accessibility to startups worldwide. Despite being remote, the program includes offline meetups and demo days, offering valuable face-to-face networking opportunities and the chance to present projects to potential investors and partners. During and upon completion of the program, startups will benefit from a media campaign lasting up to a year, leveraging Cointelegraph’s global reach to maintain momentum, increase brand awareness, and engage continuously with the broader blockchain community. Inside the Cointelegraph Accelerator Emphasizing the program’s commitment to fostering innovation in the industry, Paul Solntsev, managing director of Cointelegraph Accelerator, highlighted: Cointelegraph’s CEO, Yana Prikhodchenko, highlighted the profound impact of the accelerator program, saying: About Cointelegraph Accelerator Cointelegraph Accelerator is working with early-stage Web3 projects to boost their growth by leveraging its access to a native Web3 audience, marketing expertise, and a broad network of partners in the industry. Accelerator participants also get mentorship support over key aspects of Web3 startup growth, e.g., token launch, liquidity management, token incentives design, etc. The equity/token-based program aligns the interests of the accelerator and the participants, allowing them to build meaningful partnerships for sustainable growth. For more information on the program and how to apply, visit the Cointelegraph Accelerator Program. 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 post published on October 23, Ethereum (ETH) co-founder Vitalik Buterin shared details about ‘The Verge’ upgrade, which aims to make it easier to run validator nodes. New Ethereum Upgrade To Make Running Nodes Easier Buterin highlighted several issues currently facing the Ethereum network, particularly the high resource requirements needed to run Ethereum nodes. According to research from Paradigm, an Ethereum client needs to store “hundreds of gigabytes of state data” to verify transaction blocks. Further, this data requirement increases by almost 30 GB every year, leading to fewer entities being able to run validator nodes. Through ‘The Verge’ upgrade, running nodes can be made more accessible and less resource-intensive by leveraging two key innovations – stateless clients and cryptographic SNARKs (Succinct Non-interactive Arguments of Knowledge). The uninitiated, stateless clients function as fully-verifying nodes without the intensive hardware requirement associated with typical Ethereum blockchain clients. Specifically, stateless clients only need a few gigabytes of storage, in contrast to the current requirement of over 1 terabyte (TB), which makes running a full node considerably resource-intensive. Buterin posits that stateless verification will “make fully-verifying the chain so computationally affordable that every mobile wallet, browser wallet, and even smart watch is doing it by default.” By reducing storage needs, stateless clients can democratize network participation, lowering entry barriers – especially for solo stakers – and enabling more entities to secure and validate transactions on the Ethereum network. Buterin Encourages Solo-Staking By Lowering Requirements Buterin has recently emphasized the importance of making Ethereum solo staking more accessible by lowering entry barriers, such as the minimum amount of ETH required to stake and reducing bandwidth demands. Additionally, Buterin discussed the advantages of SNARKs in strengthening cryptographic verification and defending against the potential threat of quantum computing. SNARKs are sophisticated cryptographic proofs that enable users to verify blockchain data without downloading all its data. “Download some data, verify a SNARK, done,” Buterin summarizes. In the detailed blog post, Buterin also shed light on the Ethereum Improvement Proposal (EIP) 4762, which deals with stateless gas cost changes in the context of stateless verification. EIP-4762 seeks to adjust gas fees for resource-intensive cryptographic operations to maintain Ethereum network scalability and security. The proposal also introduces ‘multidimensional gas’, which charges different gas fees for call data, computation, and state access functions. Ethereum’s native token, ETH, has attracted increased institutional interest as the smart contract platform’s adoption grows. A recent survey shows that nearly 70% of institutional investors are involved in ETH staking. Despite the overall bullish outlook for Ethereum’s future, this optimism has not yet translated into significant price movement for ETH. Nevertheless, long-term ETH holders remain confident in the token’s long-term potential. At the time of writing, ETH is trading at $2,526, up 1.7% in the past 24 hours.

Amid the surge in polls in favor of former President and Republican candidate Donald Trump over Vice President Kamala Harris, expectations for a further recovery of the Bitcoin price soared, but the rally seen in late September and the first weeks of October has faded, with experts attributing it to tightening financial conditions that could affect the broader crypto market. How Trump’s Campaign And Rising Yields Impact Bitcoin Price According to a recent Bloomberg report, Bitcoin’s association with Trump is becoming more pronounced as global markets react to his potential return to the White House. Nonetheless, the financial landscape is shifting, with rising bond yields and a strengthening dollar coinciding with Trump’s lead in prediction markets. Experts anticipate that a Trump victory could usher in a pro-growth economic agenda, thereby tightening monetary policy. Market analysts, such as Tony Sycamore from IG Australia Pty, emphasize that the current selloff in stocks and a stronger US dollar and rising yields signal tightening financial conditions. The analyst explains that this environment is generally unfavorable for the Bitcoin price and the broader crypto market, which tends to thrive in more liquid market conditions. Sycamore went on to say that while the initial monetary conditions were already loose, the speed of the tightening poses a significant threat to the Bitcoin price and other risk assets as the likelihood of Trump securing another term in the Oval Office increases. Regulatory Easing Under Trump’s Return? Trump’s campaign has openly embraced the cryptocurrency sector, promising to position the US as the “crypto capital of the world.” His approach starkly contrasts Harris’s more cautious stance, which involves supporting a regulatory framework to foster industry growth while ensuring consumer protection. The recent Bloomberg News/Morning Consult poll reveals that Trump and Harris are statistically tied among likely voters in key swing states, indicating that the upcoming election could hinge on targeted advertising, rallies, and grassroots efforts—all of which could influence market sentiment. In the crypto market, investors are increasingly betting on a potential victory for former President Donald Trump on Polymarket. Current polls show Trump leading with 62% support compared to 38% for Vice President Kamala Harris as of Thursday, marking the largest margin since the race began. Should Trump win in the upcoming election, Bloomberg notes that experts predict a potential yield increase, which could negatively impact risk assets, including the Bitcoin price performance. Caroline Mauron, co-founder of Orbit Markets, points out that while higher yields may pose challenges, the anticipated regulatory easing under a Trump administration could be pivotal in shaping the crypto landscape. Despite potential economic challenges that could negatively impact BTC’s performance, Mauron concludes that the regulatory shift could support Bitcoin and other digital assets in regaining their footing. At the time of writing, Bitcoin is trading at $67,670, up 2.4% over the past 24 hours. Featured image from DALL-E, chart from TradingView.com

Dogecoin is consolidating above the $0.1320 support zone against the US Dollar. DOGE must clear the $0.1425 resistance to start another increase. DOGE price started a downside correction from the $0.1500 resistance level. The price is trading below the $0.1420 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1425 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain bullish momentum if it clears the $0.1425 and $0.1450 resistance levels. Dogecoin Price Eyes Upside Break Dogecoin price started a downside correction from the $0.1500 resistance zone. DOGE dipped below $0.1450 and $0.1420 levels. A low was formed at $0.1330 and the price is now recovering losses like Bitcoin and Ethereum. There was also a move above the $0.1350 and $0.1380 resistance levels. The price surpassed the 50% Fib retracement level of the downward move from the $0.1482 swing high to the $0.1330 low. However, the bears are active near the $0.1425 resistance zone. There is also a key bearish trend line forming with resistance at $0.1425 on the hourly chart of the DOGE/USD pair. The trend line is close to the 61.8% Fib retracement level of the downward move from the $0.1482 swing high to the $0.1330 low. Dogecoin price is now trading below the $0.1420 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1425 level. The next major resistance is near the $0.1450 level. A close above the $0.1450 resistance might send the price toward the $0.1500 resistance. Any more gains might send the price toward the $0.1550 level. The next major stop for the bulls might be $0.1585. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1425 level, it could start another decline. Initial support on the downside is near the $0.1365 level. The next major support is near the $0.1350 level. The main support sits at $0.1320. If there is a downside break below the $0.1320 support, the price could decline further. In the stated case, the price might decline toward the $0.1250 level or even $0.1220 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now near the 50 level. Major Support Levels – $0.1365 and $0.1320. Major Resistance Levels – $0.1425 and $0.1450.

XRP price is attempting a recovery wave from the $0.5120 zone. The price must clear the $0.5400 and $0.5500 resistance levels to gain pace. XRP price is correcting losses from the $0.5120 zone. The price is now trading below $0.5380 and the 100-hourly Simple Moving Average. There was a break above a short-term bearish trend line with resistance at $0.5280 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5360 resistance zone. XRP Price Faces Many Hurdles XRP price remained in a bearish zone and extended losses below $0.5300, like Bitcoin and Ethereum. There was a move below the $0.5280 and $0.5250 levels. The price even dipped below $0.5200 and tested $0.5120. A low was at $0.5117 and the price is now attempting to recover losses. There was a move above the 23.6% Fib retracement level of the downward wave from the $0.5600 swing high to the $0.5120 low. There was a break above a short-term bearish trend line with resistance at $0.5280 on the hourly chart of the XRP/USD pair. The price is now trading below $0.5380 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $0.5360 level. The first major resistance is near the $0.5360 level or the 50% Fib retracement level of the downward wave from the $0.5600 swing high to the $0.5120 low. The next key resistance could be $0.5485. A clear move above the $0.5485 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 $0.5360 resistance zone, it could start another decline. Initial support on the downside is near the $0.5230 level. The next major support is near the $0.5185 level. If there is a downside break and a close below the $0.5185 level, the price might continue to decline toward the $0.5120 support in the near term. The next major support sits near the $0.500 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 near the 50 level. Major Support Levels – $0.5230 and $0.5185. Major Resistance Levels – $0.5360 and $0.5485.

Binance, the global blockchain ecosystem that is behind the world’s biggest crypto exchange in terms of trading volume and users, made an announcement today about the revamp of Binance Connect. The purpose of this overhaul is to deliver an innovative solution that is designed for Web3 projects and facilitates efficient transfers from fiat to cryptocurrency. It provides businesses with a ready-to-use solution for processing transactions, which simplifies the process of buying and selling cryptocurrencies for the customers of such enterprises. The revamped Binance Connect product is completely integrated with the services that Binance already offers, which improves both its usage and its levels of efficiency. Binance Connect, when implemented into third-party platforms, will make it possible for customers who have a Binance account and have completed their Know Your Customer (KYC) process in countries that are eligible to buy and sell cryptocurrencies straight from their DeFi wallets. Users are provided with a wide variety of transaction possibilities via the usage of Binance Connect, which supports over 100 fiat currencies and 300 cryptocurrencies in addition to 300 other payment methods. Using standard payment methods like credit cards and bank transfers, as well as digital payment methods like Apple Pay and Google Pay, the service makes it possible to make purchases of cryptocurrencies easily. Additionally, it enables users to make purchases using Binance’s peer-to-peer (P2P) marketplace. Thomas Gregory, Vice President of Fiat at Binance stated: Binance Connect is able offer partners with rates that are near-market prices because of its competitive pricing approach. This allows Binance Connect to capitalize on its position as a major liquidity provider. The process of integration involves just a small amount of technical resources, is entirely free for partners, and functions as a plug-and-play solution. Additionally, it adheres to regulatory compliance standards, which ensures that partners may integrate with confidence. Gregory added: Binance Connect will be presented by Thomas Gregory at Binance Blockchain Week, which will take place in Dubai from October 30th to October 31st. In his talk, he will share more insights on how Web3 businesses may make use of this powerful solution. The Binance Connect platform is now accessible for use in Web3 applications, and integrations are currently being developed for a variety of platforms. It is anticipated that users can utilize it by the end of November. The following link can be visited in order to get further information on the integration with Binance Connect: https://developers.binance.com/docs/binance_connect/introduction

Bullish BOME price prediction for 2024 is $0.010828 to $0.015977. BOOK OF MEME (BOME) price might reach $0.1 soon. Bearish (BOME) price prediction for 2024 is $0.004667. In this BOOK OF MEME (BOME) price prediction 2024, 2025-2030, we will analyze the price patterns of BOME by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION BOOK OF MEME (BOME) Current Market Status What is BOOK OF MEME (BOME)? BOOK OF MEME (BOME) 24H Technicals BOOK OF MEME (BOME) PRICE PREDICTION 2024 BOOK OF MEME (BOME) Support and Resistance Levels BOOK OF MEME (BOME) Price Prediction 2024 — RVOL, MA, and RSI BOOK OF MEME (BOME) Price Prediction 2024 — ADX, RVI Comparison ofBOME with BTC, ETH BOOK OF MEME (BOME) PRICE PREDICTION 2025, 2026-2030 CONCLUSION FAQ BOOK OF MEME (BOME) Current Market Status Current Price $0.0103 24 – Hour Price Change 17.91% Up 24 – Hour Trading Volume $357.08M Market Cap $711.18M Circulating Supply 68.96B BOME All – Time High $0.02805 (On March 16, 2024) All – Time Low $0.000858 (On Mar 14, 2024) BOME Current Market Status (Source: CoinMarketCap) What is BOOK OF MEME (BOME) TICKER BOME BLOCKCHAIN Solana CATEGORY Meme Coin LAUNCHED ON March 2024 UTILITIES Governance, security, gas fees & rewards Book of Meme (BOME) is a unique crypto project that blends decentralized finance (DeFi) with the cultural phenomenon of internet memes. Launched as a community-driven initiative, BOME aims to capitalize on the viral nature of memes to foster engagement and growth within its ecosystem. The project is designed to promote user participation through various mechanisms, including staking, rewards, and NFTs, creating an interactive and playful space for crypto enthusiasts. BOME’s value proposition lies in combining the humor and relatability of memes with the serious financial potential of blockchain technology, offering a new approach to community building and marketing. Book of Meme (BOME) tokenomics focus on sustainability, aiming to incentivize long-term holding and active involvement in its ecosystem. Through partnerships, collaborations, and meme-inspired campaigns, BOME seeks to stand out in the competitive crypto landscape by leveraging the power of internet culture. BOOK OF MEME 24H Technicals (Source: TradingView) BOOK OF MEME (BOME) Price Prediction 2024 BOOK OF MEME (BOME) ranks 99th on CoinMarketCap in terms of its market capitalization. The overview of the BOOK OF MEME price prediction for 2024 is explained below with a daily time frame. BOME/USDT Horizontal Channel Pattern (Source: TradingView) In the above chart, BOOK OF MEME (BOME) laid out an horizontal channel pattern. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. the exit often occurs at the fourth contact point on one of the horizontal channel’s lines. At the time of analysis, the price of BOOK OF MEME (BOME) was recorded at $0.0103. If the pattern trend continues, then the price of BOME might reach the resistance levels of $0.01130 and $0.017549. If the trend reverses, then the price of BOME may fall to the support of $0.008220, and $0.005086. BOOK OF MEME (BOME) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of BOOK OF MEME (BOME) in 2024. BOME/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of BOOK OF MEME (BOME) for 2024. Resistance Level 1 $0.010828 Resistance Level 2 $0.015977 Support Level 1 $0.007142 Support Level 2 $0.004667 BOME Resistance & Support Levels BOOK OF MEME (BOME) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of BOOK OF MEME (BOME) are shown in the chart below. BOME/USDT RVOL, MA, RSI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the current BOOK OF MEME (BOME) market in 2024. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $0.007201Price = $0.009873 (50MA < Price) Bullish/uptrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 64.290579 <30 = Oversold 50-70 = Neutral>70 = Overbought Neutral Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak Volume BOOK OF MEME (BOME) Price Prediction 2024 — ADX, RVI In the below chart, we analyze the strength and volatility of BOOK OF MEME (BOME) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). BOME/USDT ADX, RVI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the price momentum of BOOK OF MEME (BOME). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 42.745087 Weak Trend Relative Volatility Index (RVI) Volatility over a specific period 41.98 <50 = Low >50 = High Low Volatility Comparison of BOME with BTC, ETH Let us now compare the price movements of BOOK OF MEME (BOME) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs BOME Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of BOME is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of BOME also increases or decreases respectively. BOOK OF MEME (BOME) Price Prediction 2025, 2026 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of BOOK OF MEME (BOME) between 2025, 2026, 2027, 2028, 2029 and 2030. Year Bullish Price Bearish Price BOOK OF MEME (BOME) Price Prediction 2025 $0.3 $0.004 BOOK OF MEME (BOME) Price Prediction 2026 $0.5 $0.003 BOOK OF MEME (BOME) Price Prediction 2027 $0.7 $0.002 BOOK OF MEME (BOME) Price Prediction 2028 $0.9 $0.001 BOOK OF MEME (BOME) Price Prediction 2029 $1 $0.0009 BOOK OF MEME (BOME) Price Prediction 2030 $1.3 $0.0008 Conclusion If BOOK OF MEME (BOME) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish BOOK OF MEME (BOME) price prediction for 2024 is $0.015977. Comparatively, if unfavorable sentiment is triggered, the bearish BOOK OF MEME (BOME) price prediction for 2024 is $0.004667. If the market momentum and investors’ sentiment positively elevates, then BOOK OF MEME (BOME) might hit $0.1. Furthermore, with future upgrades and advancements in the BOOK OF MEME ecosystem, BOME might surpass its current all-time high (ATH) of $0.02805 and mark its new ATH. FAQ 1. What is BOOK OF MEME (BOME)? Book of Meme (BOME) is a unique crypto project that blends decentralized finance (DeFi) with the cultural phenomenon of internet memes. 2. Where can you buy BOOK OF MEME (BOME)? Traders can trade BOOK OF MEME (BOME) on the following cryptocurrency exchanges such as Binance, Gate.io, MEXC, Bybit, Hotcoin, OKX, and Bitget. 3. Will BOOK OF MEME (BOME) record a new ATH soon? With the ongoing developments and upgrades within the BOOK OF MEME platform, BOOK OF MEME (BOME) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of BOOK OF MEME (BOME)? BOOK OF MEME (BOME) hit its current all-time high (ATH) of $0.02805 on March 16, 2024. 5. What is the lowest price of BOOK OF MEME (BOME)? According to CoinMarketCap, BOME hit its all-time low (ATL) of $0.000858 On March 14, 2024. 6. Will BOOK OF MEME (BOME) hit $0.1? If BOOK OF MEME (BOME) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.1 soon. 7. What will be the BOOK OF MEME (BOME) price by 2025? BOOK OF MEME (BOME) price might reach $0.3 by 2025. 8. What will be the BOOK OF MEME (BOME) price by 2026? BOOK OF MEME (BOME) price might reach $0.5 by 2026. 9. What will be the BOOK OF MEME (BOME) price by 2027? BOOK OF MEME (BOME) price might reach $0.7 by 2027. 10. What will be the BOOK OF MEME (BOME) price by 2028? BOOK OF MEME (BOME) price might reach $0.9 by 2028. Top Crypto Predictions TRON (TRX) Price Prediction Flare (FLR) Price Prediction Kaspa (KAS) Price Prediction Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Tron is now in the top 10 blockchains by market cap, flipping Toncoin and Cardano. While there were initial doubts about the network dying a natural death due to the then “superior” competitor Ethereum in the first few years, the smart contracts platform has surpassed expectations. Tron Energy Demand Doubles In 3 Months At spot rates, is TRX likely to print fresh all-time highs, and the mainnet is also thriving. According to IntoTheBlock, the Tron energy requirements have expanded 100% in the past three months. Experts say the rapid increase in Tron energy indicates growing network activity and rapid adoption. Like Ethereum and other modern chains, Tron is energy efficient and relies on validators for transaction processing. However, in Tron’s case, energy is useful when executing smart contracts on the mainnet. As more people deploy meme coins or launch DeFi dapps, the mainnet’s “fuel” demand also increases. Rising resource needs push Tron energy to fresh levels. By how Tron is designed, more energy is needed during periods of high demand to prevent gas fees from spiking in case transactions are congested. That energy has been rising in the past few months is not surprising. Not only does Tron boast of a thriving DeFi ecosystem, but it also has a vibrant meme coin scene. Ecosystem Boom Driven By Meme Coins: TRX Priming For New All-Time Highs? DeFiLlama shows that all Tron DeFi dapps manage over $7 billion of assets. On the other hand, the recent launch of SunPump, a meme coin launchpad in August, has seen over 91,000 meme coins deploy on the network. Looking at Dune, over 1,700 tokens have been listed on Sunswap. Coincidentally, the spike came with the activation of SunPump in August. As of October 24, SunPump has helped Tron generate over $5.4 million in revenue, looking at Dune data. Others came from smart contract deployments via gaming, DeFi, and other diverse dapps on the platform. TRX is trading at around October 2024 highs at press time, defying gravity. Interestingly, despite the momentum challenges Ethereum faces, TRX, on the other hand, is less than 4% away from all-time highs. If bulls build on October 24 gains, the coin may easily break August highs, printing a new all-time high in Q4 2024.

Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,550 level. Ethereum started a recovery wave from the $2,450 zone. The price is trading below $2,560 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,580 and $2,600 resistance levels. Ethereum Price Starts Recovery Ethereum price extended its decline below the $2,550 level like Bitcoin. ETH traded as low as $2,445 and recently started an upside correction. There was a minor increase above the $2,500 level. The price traded above the 23.6% Fib retracement level of the downward wave from the $2,760 swing high to the $2,445 low. There was also a break above a key bearish trend line with resistance at $2,540 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,560 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,560 level. The first major resistance is near the $2,580 level and the 100-hourly Simple Moving Average. The main resistance is now forming near $2,600. It is close to the 50% Fib retracement level of the downward wave from the $2,760 swing high to the $2,445 low. 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 $2,560 resistance, it could start another decline. Initial support on the downside is near the $2,505 level. The first major support sits near the $2,485 zone. A clear move below the $2,485 support might push the price toward $2,450. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,340. 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 below the 50 zone. Major Support Level – $2,500 Major Resistance Level – $2,580

Bitcoin price is attempting a fresh increase above the $37,000 zone. BTC could gain pace if it clears the $68,800 resistance zone. Bitcoin started a fresh increase from the $65,200 zone. The price is trading above $67,500 and the 100 hourly Simple moving average. There is a new connecting bullish trend line forming with support at $67,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $68,800 resistance zone. Bitcoin Price Starts Fresh Increase Bitcoin price found support near the $65,200 zone. A low was formed at $65,199 and the price started a fresh increase above the $67,000 resistance. The price climbed above the $67,500 and $68,000 levels. It even cleared the $68,500 level. A high was formed at $68,794 and the price is now consolidating gains. There was a minor decline below the $68,000 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $65,199 swing low to the $68,794 high. Bitcoin price is now trading above $67,500 and the 100 hourly Simple moving average. There is also a new connecting bullish trend line forming with support at $67,450 on the hourly chart of the BTC/USD pair. On the upside, the price could face resistance near the $68,250 level. 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 $68,800. A close above the $68,800 resistance might initiate more gains. In the stated case, the price could rise and test the $69,500 resistance level. Any more gains might send the price toward the $70,000 resistance level. Another Decline In BTC? If Bitcoin fails to rise above the $68,500 resistance zone, it could start another decline. Immediate support on the downside is near the $67,800 level. The first major support is near the $67,500 level and the trend line. The next support is now near the $67,000 zone and the 50% Fib retracement level of the upward move from the $65,199 swing low to the $68,794 high. 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 – $67,500, followed by $67,000. Major Resistance Levels – $68,500, and $68,800.

Bitcoin recent decline has led to a slight pushback in investor confidence and increased anticipation within the crypto community, with many now craving a rally back above $70,000 more than before. Amid this, a new analysis suggests that although the Bitcoin market could be on the brink of a major breakout, it hinges on a major indicator that concerns new investors. New Investors Hold the Key According to a CryptoQuant analyst, Avocado Onchain, new market investors could drive the next significant upward price movement. The analyst shared these insights on the CryptoQuant QuickTake platform, highlighting key data trends that point to a potential price surge. Avocado Onchain’s analysis focuses on “Unspent Transaction Outputs (UTXOs),” specifically those under six months old. UTXOs represent the amount of cryptocurrency that remains unspent after a transaction, and they can provide valuable insights into market sentiment. According to the analyst, the decline in UTXOs under six months has stopped and is now leveling off. Currently, only 8.6% of Bitcoin investors are at a loss based on the present price of the cryptocurrency. In past market cycles, when the decline in UTXOs halted and showed an increase, Bitcoin’s price often surged, marking the beginning of a new bull run. Bitcoin Historical Patterns And Market Sentiment The CryptoQuanat analyst further highlighted that the data from previous Bitcoin market cycles reveals a pattern in which the percentage of investors holding losses converged toward zero before significant price increases occurred. Avocado points out that in those instances, as the number of investors in loss diminished, new investors entered the market in large numbers, driven by rising optimism. This influx of new participants tends to trigger a sharp price rise as new buyers increase demand for Bitcoin and fuel further upward momentum. For Bitcoin’s price to reach new heights, the analyst suggests that market sentiment must shift more favorably. This positive sentiment is typically fuelled by the entry of new investors who tend to buy in when market conditions are improving. Avocado also highlights that these new investors often show increased interest when Bitcoin nears or breaks through its previous all-time high, leading to an “explosive influx” of new buyers. If Bitcoin’s current market conditions align with historical patterns, the cryptocurrency could be on the verge of a significant breakout. The CryptoQuant analyst further notes that while Bitcoin’s price has recently been in a downtrend, this leveling off of UTXO data is a key sign that could indicate a reversal. The analyst noted: Featured image created with DALL-E, Chart from TradingView

Here’s what the historical pattern of an on-chain indicator suggests regarding whether the time to accumulate Bitcoin is over or not. Bitcoin 150-Day MA aSOPR Currently Has A Value Of 1.01 As pointed out by an analyst in a CryptoQuant Quicktake post, the 150-day moving average (MA) of the Bitcoin aSOPR has a value of just 1.01 right now. The “Adjusted Spent Output Profit Ratio” (aSOPR) here refers to an indicator that basically tells us about whether the BTC investors are selling their coins at a profit or loss. This metric works by going through the on-chain history of all tokens being sold/transferred to see what price they were transacted at prior to this. When this price for any coin is less than the current price at which they are now being sold, then that particular token’s sale could be assumed to be leading to profit realization. Similarly, coins of the opposite type could be considered to be adding to the loss realization. The aSOPR combines such profits and losses being realized across the network, and calculates their ratio. The “adjusted” in this metric’s name comes from the fact that it filters out transactions of coins that were moved inside an hour of their last transaction. Transfers like these are generally of no consequence to the wider market, so it makes sense to take them out of the data. Now, here is a chart that shows the trend in the 150-day MA of the Bitcoin aSOPR over the last few years: As displayed in the above graph, the 150-day MA Bitcoin aSOPR has consistently remained above the 1 mark this year, which implies the investors as a whole have been realizing more profits than losses. Earlier in the year, the indicator had grown to a high of 1.04 as the investors had taken the profits of the rally. As the consolidation of the cryptocurrency has dragged on, though, the metric has declined, with its value now sitting at 1.01. In the chart, the quant has highlighted two zones that have historically been significant for the aSOPR. The first is the region under 0.98, where bottoms have historically occurred. At levels this low, the investors are participating in notable loss realization. Resolute hands pick up the coins from these capitulators, thus helping the price reach a point of turnaround. The other zone is the one above 1.08, where tops have formed in the past as a result of the aggressive profit-taking from the whales. So far, the current cycle hasn’t seen the Bitcoin aSOPR visit this territory. “Based on previous trends, accumulating Bitcoin until aSOPR reaches 1.04 could be a solid strategy for long-term gains,” says the analyst. “Timing the market by observing whale behavior may prove fruitful.” BTC Price Bitcoin had plunged to the $65,000 level yesterday, but the coin has already made recovery as its price is now floating around $67,100.

The price estimate for XRP indicates a possible increase of 17%, perhaps attaining around $0.621196 by November 23, 2024, data from CoinCodex shows. Despite this favorable projection, the prevailing market sentiment is pessimistic, reflecting apprehension among investors. The Fear & Greed Index stands at 69, indicating a market characterized by greed, which frequently results in heightened volatility. In the last 30 days, XRP has experienced 14 positive trading days, equating to around 47%, with a price volatility of 5.84%. Present Market Circumstances Right now, XRP is worth $0.5293, a little decline of 0.77%. This dip draws attention to a more general trend of resistance the token has been faced with since October started. According to analysts, it is still not the right moment to invest in XRP, at least with regard to current bearish emotions and recent difficulties with price. In terms of market capitalization, XRP has reached $30 billion, showing some improvement of late. Despite the warning signs, the majority of analysts are still bullish on the potential price increase for XRP in the next several months. Depending on market conditions and sentiment, predictions range from $0.75 to $0.86, with further upside by the end of 2024. Crypto analyst Dark Defender forecasts the altcoin hitting the key $0.86 mark, which is a 27% increase in price at current levels. The path to such target, he said, will be a “tremendous move.” Investor Sentiment And Forecasts The conflicting signals in the market impede investor decision-making on their next behavior. While the technical signals caution, the Fear & Greed Index shows that many people still have a tendency to welcome risks. This discrepancy frequently results in erratic price fluctuations in cryptocurrencies such as XRP. Investors are urged to monitor market movements and mood indicators prior to making decisions. Moreover, Ripple’s continuous legal conflicts with the SEC constantly hide XRP’s expected performance. Regarding the possible creation of an ETF for XRP, CEO Brad Garlinghouse has voiced enthusiasm that would significantly increase the market presence of the cryptocurrency if realized. Still, many investors could show reluctance unless these legal questions are resolved. Caution Required In light of the prevailing adverse mood and volatility in XRP’s price, it may be prudent for prospective investors to exercise caution. Despite the potential for development suggested by future price forecasts, the current outlook implies that this may not be the ideal moment to enter the market. Featured image from Pixabay, chart from TradingView

Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC. Notably, the data for Bitcoin whales shows the number of addresses in this category is now at its highest point since the January 2021 bull market levels. With Bitcoin still trading close to its all-time high, this new whale milestone brings into question a better chance of Bitcoin breaking above and creating a new all-time high very soon. Whale Activity And Holder Count Reaches New Highs Bitcoin whales have always been one of the most important indicators for ongoing sentiment among traders and long-term holders. According to Glassnode data presented by André Dragosch, director and head of research for Europe at Bitwise, the number of addresses that fall into the whale category has been on a steady climb since January 2024, where it stood just below 1,500 addresses. The current market climate and inflow from institutional investors have allowed this upward trajectory to persist over the past months, pushing it past multiple levels. The most recent figures reveal that the number of Bitcoin addresses holding at least 1,000 BTC has reached 1,678, marking the highest point in whale activity since January 2021, during the height of the last major bull run. What this suggests is that each of these addresses now holds at least $67 million worth of Bitcoin, given the current price of the cryptocurrency. New All-Time High Incoming? Whale accumulation leading up to the previous highest level in January 2021 was one of the key factors that drove the Bitcoin price to peak above $69,000 in 2021. Although the Bitcoin price has now broken above this previous peak to create an all-time high of $73,737 in March 2024, the same accumulation pattern appears to be unfolding. This interesting accumulation of BTC by Bitcoin whales has proven to be the much-needed boost to stop deeper price corrections after a false breakout of a descending triangle earlier in the week. Even with the false breakout, the overall sentiment around Bitcoin remains optimistic. According to on-chain analytics provider CryptoQuant, it’s not just the whales driving the market. Retail investors have also joined the action. On-chain data shows a 13% rise in retail demand over the last 30 days, a notable increase that mirrors the retail interest seen in March 2024, just before Bitcoin reached its latest all-time high. At the time of writing, Bitcoin is trading at $67,000, having traded between $65,161 to $67,538 in a 24-hour range and $65,441 to $69,227 in a seven-day range. Interestingly, Bitcoin is only about 10% away from surpassing its all-time high once again. With this increased buying interest and whale accumulation, Bitcoin seems ready for another breakout to set a new price record before the end of 2024.

Despite the Bitcoin price consolidating between $65,000 and $68,000 over the past few days, analysts are increasingly optimistic about the potential for upward movement and new all-time highs for the largest cryptocurrency on the market in the coming months. Bitcoin Surge Regardless Of US Election Outcome In a recent social media post on X (formerly Twitter), market expert Timothy Peterson highlighted a basic trendline for the period 2023-2024, suggesting that current price behavior mirrors previous uptrend patterns. In his analysis, Peterson asserts that a move just above this trend could see Bitcoin reaching $100,000 within the next 90 days, a prediction he considers entirely reasonable. Peterson’s analysis indicates that a conservative estimate places Bitcoin at this milestone by February, regardless of the outcome of the upcoming US elections, which could also have a notable impact on BTC’s price performance. The expert also noted that BTC does not appear to be overvalued, making a drop below $60,000 increasingly unlikely, especially as the $66,000 support level has prevented a further correction over the past week. Crypto analyst Rekt Capital, has also expressed bullish sentiments, stating that Bitcoin is positioned for a strong weekly close above critical support levels. The recent retest of the key $66,000 support proved successful, with BTC rising to the $68,000 mark in Thursday’s trading session, coinciding with significant regulatory developments in the US. BTC Price Spikes 2.5% Following Legislative Advances As reported by Bitcoinist, the Pennsylvania House of Representatives recently passed the ‘Bitcoin Rights’ bill, aimed at safeguarding individuals’ rights to self-custody their digital assets, affirming their ability to use Bitcoin for payments, and establishing clear taxation guidelines for Bitcoin transactions. Dennis Porter, founder of the Satoshi Action Fund, emphasized the importance of this legislation in shaping the political landscape as the country approaches the 2024 elections. Announcing the news, Porter noted that BTC adoption is growing, creating a motivated voter base eager for political allies who champion financial freedom and innovation. He believes that this voter base crosses traditional party lines, appealing to those who prioritize economic autonomy, technological advancement and digital privacy. Porter also pointed out that Bitcoin serves as a potential escape from Central Bank Digital Currencies (CBDCs), resonating with many voters who feel strongly about financial sovereignty and resistance to centralization. With just 12 days until what is being dubbed by Dennis as the most significant Bitcoin election in recent history, he urged both Donald Trump and Kamala Harris to leverage their influence within their respective parties to ensure the smooth passage of the ‘Bitcoin Rights’ bill. In light of these developments, Bitcoin has experienced a 2.5% surge in price over the past 24 hours, accompanied by a notable 10% increase in trading volume, which has reached nearly $33 billion. Featured image from DALL-E, chart from TradingView.com

Early-stage blockchain projects often face challenges in securing funding, gaining visibility, and building credibility. Rampstarter is revolutionizing this landscape with its innovative approach as a launchpad. With an impressive $20 million Total Value Locked (TVL) and 20 projects already in its pipeline, Rampstarter is providing a new blueprint for success. In this article, we’ll explore how Rampstarter is changing the game for these projects and setting new standards in the blockchain industry. Rampstarter’s $20 Million TVL: Building a Foundation of Trust The $20 million TVL that Rampstarter has achieved is a powerful signal to the blockchain community. It not only demonstrates that projects have placed significant trust in the platform but also signifies the incredible support of its community. This trust is critical for early-stage projects because they need a secure and reliable environment to gain traction and build momentum. For these startups, partnering with a platform that has a high TVL leads to access to a broader network of supporters and a stronger chance of success from the outset. 20 Projects in the Pipeline: A Testament to Rampstarter’s Influence Rampstarter’s influence in the blockchain ecosystem is underscored by the 20 projects that have chosen it as their launchpad. These projects span various sectors, from decentralized finance (DeFi) to non-fungible tokens (NFTs) and beyond. By choosing Rampstarter, these startups are signaling their confidence in the platform’s ability to provide the resources, support, and visibility they need to thrive. This growing pipeline of projects not only highlights Rampstarter’s reputation but also strengthens the platform’s ecosystem by fostering innovation and collaboration. Blockchain Market Outlook for 2024: Timing is Everything The blockchain market in 2024 is experiencing rapid growth, and projections from analysts are suggesting it will continue to expand at a remarkable pace. Key trends such as the rise of DeFi, mainstream adoption of blockchain technology, and increased interest from institutions are driving this momentum. But even with the largely positive market outlook, it is still essential for startups to partner with a platform like Rampstarter. Beyond Rampstarter’s $20 million TVL and 20 project pipeline, the platform provides incredible value because it also gives access to tools and resources that startups need to get off the ground quickly. Rampstarter’s strategic positioning and strong network allows it to support projects that are ready to innovate and lead in this dynamic market environment. Conclusion Rampstarter is not just another launchpad but a transformative force for early-stage blockchain projects. With its solid foundation of a $20 million TVL and a pipeline of 20 promising projects, Rampstarter is changing the way startups approach the blockchain industry. As the market continues to grow, Rampstarter’s influence will be crucial in shaping the future of blockchain innovation. About Rampstarter Rampstarter is a pioneering launchpad designed to empower the next generation of blockchain projects. With a robust Total Value Locked (TVL) of $20 million, Rampstarter provides a secure and reliable platform for innovative startups to thrive. Currently boasting 20 projects in its pipeline, Rampstarter is dedicated to fostering technological advancements and supporting the growth of the blockchain ecosystem. By bridging the gap between visionary founders and forward-thinking supporters, Rampstarter is setting new standards in the launchpad space and shaping the future of decentralized innovation. For more information, visit our website at https://rampstarter.com/ and follow us on our socials: Facebook – Twitter – LinkedIn – Telegram – Instagram

In an era where online interactions are the norm, trust has become a cornerstone of successful digital experiences. Users must feel confident that their data is secure and that they are engaging with a reputable platform. LayerK understands this necessity and has built a transparent ecosystem designed to foster trust among its users. Transparency at the Core of LayerK LayerK places transparency at the heart of its operations. This commitment means that users are informed about how their data is handled, what measures are in place to protect their information, and how the platform operates. By demystifying digital processes, LayerK empowers users to make informed decisions, thus reinforcing trust. Clear Communication of Policies One of the key features of LayerK’s transparent ecosystem is its clear communication of policies. The platform provides easily accessible information regarding data privacy, usage, and user rights. This clarity ensures that users understand how their information is used, promoting a sense of security and confidence in the platform. Accountable Practices LayerK is committed to accountability. The platform has established mechanisms to ensure that it adheres to its policies and maintains ethical practices. Regular audits and compliance checks help to uphold these standards, ensuring that users can trust LayerK to act responsibly with their data. User-Controlled Data Management Empowering users to take control of their data is another way LayerK fosters trust. The platform provides tools that allow users to manage their information actively. Users can access, modify, and delete their data as needed, reinforcing the idea that they are in control of their digital footprint. This level of control builds trust, as users feel secure in knowing that they can manage their information at any time. Open Feedback Channels A transparent ecosystem thrives on open communication. LayerK encourages users to share their experiences and feedback, creating a dialogue between the platform and its community. This engagement not only helps the platform improve but also demonstrates its commitment to user satisfaction and trust. Secure Transactions and Data Protection LayerK prioritizes security as a fundamental aspect of building trust. The platform employs advanced encryption and security protocols to protect user data during transactions. By ensuring that personal and financial information remains secure, LayerK instills confidence in users, allowing them to engage with the platform without fear of data breaches or fraud. Community-Driven Trust Trust is built through relationships, and LayerK fosters a strong sense of community among its users. The platform encourages collaboration and interaction, allowing users to share insights and support one another. This community-driven approach helps to establish a collective trust in the platform, as users feel connected to a larger network of individuals with shared interests. Educational Initiatives on Digital Safety LayerK goes beyond providing a platform; it also educates users about digital safety and best practices. Through resources such as webinars and tutorials, users gain a deeper understanding of how to protect themselves online. This knowledge not only empowers individuals but also reinforces the trustworthiness of the LayerK ecosystem. A Vision for Trustworthy Digital Experiences As LayerK continues to evolve, its commitment to transparency and trust remains unwavering. The platform envisions a future where users can confidently navigate the digital landscape, assured that their information is protected, and their experiences are transparent. Join LayerK in Building Trust If you value trust in your digital interactions, consider becoming a part of the LayerK community. Together, we can create a safer, more transparent digital world where everyone can thrive. About LayerK LayerK is a tech company that combines state-of-the-art hardware and innovative software to empower individuals and businesses to become participants in tomorrow’s digital economy. Our cutting-edge solutions leverage advanced computing and blockchain technology to pave the way for a future of individual independence. Learn more about the LayerK ecosystem by visiting our website or following us on our social media accounts. Website https://layerk.com/ Telegram – Facebook – Instagram – Twitter – YouTube

As digital assets and cryptocurrencies continue to captivate global attention, Toncoin (TON), Notcoin (NOT), and BlockDAG (BDAG) are increasingly becoming focal points within the sector. Toncoin is currently navigating crucial support levels that are likely to shape its upcoming price trajectory, while Notcoin is close to achieving a major breakthrough, exhibiting strong growth indicators as it nears a potential peak. Simultaneously, BlockDAG is capturing headlines by going past the impressive $100M mark in its presale, affirming its position as one of the standout crypto projects to watch in 2024. This milestone is igniting enthusiasm among traders, long-term holders, and newcomers to the cryptocurrency space, underscoring a vibrant future for these digital assets. Toncoin’s Resilience: Can It Rebound from Crucial Support Tests? Toncoin’s trading price is perched at a crucial juncture, currently valued around $5.215 following a recent adjustment. It is now testing a significant support level at $4.997, which is expected to play a pivotal role in determining its next directional move. Should Toncoin successfully maintain this level, there is potential for the price to ascend towards the $5.981 resistance mark. Surpassing this threshold could indicate a positive trend shift, potentially elevating Toncoin towards its previous highs of $6.903 or even higher. The sentiment surrounding Toncoin remains hopeful, with many observers eager to witness whether it can sustain this momentum and strengthen its market position. Notcoin’s Future Outlook: Ready to Surge to Unprecedented Levels? The outlook for Notcoin is increasingly positive, as the token has recently experienced an over 9% upswing, suggesting a readiness for further upward movement. Following a period of decline, Notcoin has successfully breached a significant resistance level and has formed a double-bottom pattern—a technical indicator often associated with strong positive reversals. Should this upward trend continue, there is a possibility that Notcoin could revisit and potentially surpass its historical peak, with promising growth on the horizon. While there was an initial spike in purchasing activity, a slight pullback has occurred, likely due to some profit realizations. Nonetheless, with a substantial 59% of market participants maintaining long positions, there remains a strong sense of optimism regarding Notcoin’s potential for sustained positive performance. BlockDAG’s Presale Triumph: Past the Coveted $100M Mark BlockDAG has reached a monumental $100M milestone in its presale, marking it as one of the most successful presales in the history of cryptocurrency. Throughout this presale phase, BlockDAG has successfully distributed 14.3 billion coins, rewarding early backers with an extraordinary 1960% return. Priced currently at $0.0206 per BDAG coin, this significant achievement highlights BlockDAG’s position as a leader in the blockchain sphere, drawing the attention of both individual and institutional participants. BlockDAG is stirring excitement within the blockchain community following its recent Main Brand Launch and the introduction of a newly revamped website. As the project blasts past the significant $100 million funding milestone, the enthusiasm within the crypto space is palpable. The launch featured a compelling new brand video that showcases BlockDAG’s commanding presence in the blockchain industry, alongside a faster, more stylish website that caters specifically to the needs of decentralized finance, complete with the rollout of its fully operational mainnet. BlockDAG is setting new benchmarks in the blockchain field, signaling the commencement of a thrilling chapter in the industry. The rapid success of the presale not only underscores BlockDAG’s potential as one of the standout crypto projects for 2024 but also solidifies its status compared to other major blockchain ventures. BlockDAG’s quick attainment of the $100M mark distinctly sets it apart from its competitors. In Review As BlockDAG celebrates this significant presale achievement, other projects like Toncoin and Notcoin are also demonstrating their strength. Toncoin is navigating through pivotal support levels, and Notcoin appears on the cusp of a major breakthrough, each displaying strong growth indicators. BlockDAG’s ongoing success is particularly noteworthy. The trajectory of this presale not only paves the way for substantial growth but also cements BlockDAG’s status as a project to keep a close watch on as it continues to gather support and escalate in popularity. Leading crypto projects like these are at the forefront, setting the stage for an exciting culmination in 2024. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Former Ripple developer highlights XRP’s superior scalability and efficiency. XRP processes transactions faster than Bitcoin with lower environmental impact. XRPL attracts $1B in tokenized equity, demonstrating broader use cases. Matt Hamilton, Senior Developer Advocate at Arbitrum and former Ripple developer, has sparked discussion in the cryptocurrency community with his detailed comparison of XRP and Bitcoin. His insights, recently highlighted by market pundit Mickle on X, present a compelling case for XRP’s potential to surpass Bitcoin in practical applications. While acknowledging Bitcoin’s pioneering role in cryptocurrency and the revolutionary principles outlined in Satoshi Nakamoto’s whitepaper, Hamilton identifies several limitations in Bitcoin’s architecture. These constraints, particularly its slow transaction speed and energy-intensive mining process, potentially restrict Bitcoin’s ability to meet growing global demands for efficient financial systems. Ripple’s development addressed these fundamental challenges head-on, incorporating solutions for scalability and transaction efficiency. The platform’s creators, themselves early Bitcoin developers, deliberately engineered the XRP Ledger to overcome Bitcoin’s limitations. This foresight has resulted in a system capable of processing transactions within seconds, compared to Bitcoin’s minutes-long confirmation times. XRP has an upper edge in sustainability The environmental impact of cryptocurrency operations represents another significant differentiator between the two assets. While Bitcoin’s proof-of-work mechanism continues to draw criticism for its substantial energy consumption, including from figures like Elon Musk, XRP’s consensus protocol offers a more sustainable alternative. This efficiency makes Ripple particularly attractive to environmentally conscious businesses and institutions. Supply dynamics also play a crucial role in XRP’s potential advantages. Unlike Bitcoin’s deflationary model, Ripple features a fixed supply structure that may provide better protection against inflation and serve as a more reliable store of value over time. This characteristic, combined with XRP’s technical efficiencies, positions it favorably for long-term adoption. Beyond pure cryptocurrency applications, the XRP Ledger has demonstrated its versatility through recent developments in tokenization.

Dogecoin has been experiencing significant volatility, with a 44% surge followed by a 9% dip since October 10. This dramatic price movement has left analysts and investors cautiously watching the market, unsure of Dogecoin’s next move. Some believe DOGE is gearing up for a massive rally, driven by renewed interest and momentum. In contrast, others are more skeptical, suggesting that the meme coin may be entering a consolidation phase. Top crypto analyst Bluntz recently shared a technical analysis on Dogecoin, highlighting its price fluctuated within a 4-hour range. According to Bluntz, the price has taken both sides of this range, resulting in a classic liquidity sweep, a move often seen before a major price shift. As Dogecoin remains in this volatile environment, market participants are keenly awaiting further signs to determine whether the next move will be an upward rally or a consolidation period. Dogecoin Testing Crucial Liquidity Following recent price movements, Dogecoin is testing crucial liquidity levels, both on the supply and demand sides. Volatility has gripped the market, and uncertainty is leading to growing fear among investors, many of whom anticipate a DOGE rally in the coming weeks. Top crypto analyst Bluntz recently shared a technical analysis on X, highlighting the 4-hour Dogecoin chart showing a clear trading range between $0.15 and $0.133. Bluntz notes that price action has swept both sides of this range—first the highs, then the lows—before being reclaimed, often indicating a liquidity sweep. This type of price movement is often seen before a larger, directional move, and Bluntz suggests it could create a bullish scenario for DOGE shortly. He believes that once Dogecoin decisively breaks above this established range, a massive rally will likely follow, potentially taking DOGE to new highs. However, while Bluntz’s bullish perspective offers hope for investors, Dogecoin’s current volatility and market uncertainty could still lead to sideways trading before any significant breakout occurs. Investors are watching closely for a break of the $0.15 level, which could signal the start of the anticipated upward move. DOGE Holding Above $0.12 Dogecoin (DOGE) trades at $0.136 after five days of heightened volatility and uncertainty. Over the past two weeks, the price surged, and it is now holding above the crucial $0.12 mark, which acted as a strong resistance level in September and has since transformed into a key demand level. This price point is pivotal, as holding above could signal further bullish momentum. The daily 200 moving average at $0.128 is another critical support level for Dogecoin. Maintaining strength above this moving average would suggest long-term stability and the potential for DOGE to push toward higher supply levels. However, if the price falls below this level, it could trigger a retrace, causing the recent rally to resemble a short-term “pump and dump” scenario. If Dogecoin successfully holds above the $0.12 area, a healthy consolidation phase could unfold, setting the stage for a continued uptrend. Investors will closely monitor this level to determine whether the recent price action can maintain its momentum or if further downside is on the horizon. Featured image from Dall-E, chart from TradingView