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Covalent is advancing Ethereum’s decentralization through the Ethereum Wayback Machine (EWM) Light Clients, a critical DePin-powered infrastructure designed to preserve Ethereum’s historical data. As Ethereum continues to evolve, Covalent’s EWM ensures that the network’s history remains decentralized, accessible, and resilient, protecting it from centralization risks. The EWM Light Client is a key step in building decentralized infrastructure where participants validate and secure Ethereum’s data. As part of the RUN EWM campaign, it serves as a critical component that allows anyone to contribute to Ethereum’s mission. By running EWM Light Clients, individuals will support the Covalent Network and remove the reliance on centralized data centers, helping Ethereum maintain its decentralized integrity as it scales. Key Updates: 400+ participants live on the EWM Light Client Testnet, contributing to Ethereum’s decentralized infrastructure. Due to high demand, testnet capacity has been increased from 250 to 500 spots, allowing more individuals to participate. Three version updates have been successfully rolled out, addressing bugs and improving the user experience. Over 2 million Data Availability Samples (DAS) have been verified, demonstrating the strength of the EWM’s decentralized infrastructure. 7,000+ participants are on the waitlist, showing the growing excitement around this DePin-powered initiative. Please note, there is no selection process to participate in the EWM Light Client Testnet. The waitlist is being processed in sequential batches, and participants will be onboarded accordingly. For those who have not yet received an email, patience is appreciated as the waitlist is being worked through. The Road Ahead As the mainnet launch approaches, Covalent aims to scale the network to 2,500 participants, supported by a 15-20% APY rewards profile on mainnet. This expansion is crucial for building a robust decentralized infrastructure that preserves Ethereum’s historical data while enabling the network to grow securely and transparently. Join the Movement: Be Part of Ethereum’s Future Join the thousands already on the waitlist, and be part of the future of decentralized infrastructure with the EWM Light Client. Together, we’re proving that decentralization isn’t just a theory—it’s a reality we’re building today. Learn more: Dive deeper into the EWM Light Client and its role in the Ethereum Wayback Machine by exploring the whitepaper. Join the Community: Stay connected with the community and get the latest updates by joining the Telegram and Discord community. Long Live Ethereum! 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.
 
Italy has raised the capital gains tax on cryptocurrencies from 26% to 42%, effective January 1, 2025. The Italian government expects to generate €68 million (around $73M) from the increased tax to boost revenue. Italy has officially introduced a major tax hike on cryptocurrency gains, raising concerns among investors. As part of the country’s 2025 Budget Law, capital gains on Bitcoin and other cryptocurrencies will be taxed at 42%, up from the current 26%. This significant increase, signed into law by President Sergio Mattarella, is part of the government’s broader effort to boost revenue by regulating the rapidly growing crypto sector. Measures regarding the taxation of digital services and crypto activities (Source: Affaritaliani) The law comprises 144 articles and outlines several budgetary measures. Article 4 specifically addresses the taxation of digital services and crypto activities. Starting January 1, 2025, this new tax will impact investors engaging in crypto trading. Many are now questioning the future of crypto investments in Italy. Previously, Deputy Minister of Economy Maurizio Leo announced the new tax law, explaining that the government expects to generate around €68 million (approximately $73 million) via these stricter measures, as part of its plan to tap into new revenue sources. Additionally, the law removes the minimum revenue requirement for Italy’s Digital Services Tax (DST), which was initially introduced in the 2019 budget. Commonly referred to as the “web tax,” the DST impacts digital services provided by large tech companies operating in Italy. However, as the crypto world continues to evolve, tax policies like these could have far-reaching impacts on the global market. Highlighted News Of The Day Binance Partners with Paymonade for Seamless Crypto to Card Sales
 
Binance partners with Paymonade for direct credit/debit card crypto sales. The new feature simplifies converting cryptocurrencies into local currencies for users. Binance has made a significant update to its platform by partnering with Paymonade to enable users to sell cryptocurrencies directly to their credit and debit cards, enhancing the overall user experience. This new feature, announced on October 24, allows users to convert their crypto holdings into local currencies, which are then directly deposited into their bank accounts via Visa or Mastercard. To utilize this service, users must complete account verification and pass the necessary checks from Paymonade. Once verified, they can easily navigate to the “Sell Crypto” page, select Paymonade as the payment option. And confirm their sell orders. Meanwhile, this seamless integration is reportedly designed to simplify the process of selling cryptocurrencies, making it more accessible and user-friendly. It is especially for those looking to convert their assets into fiat currency without the hassle of traditional exchanges. Strategic Partnership Of Binance In addition to this new selling feature, Binance has been actively refining its offerings. The exchange recently introduced a variety of new cryptocurrency listings, including tokens related to popular meme themes, further expanding its market reach. Binance’s proactive approach in rolling out these features demonstrates its commitment to maintaining a competitive edge in the rapidly evolving crypto landscape, especially as it continues to engage with emerging markets and user needs. Overall, the market participants feel that its partnership with Paymonade reflects Binance’s strategy to maximize user appeal. And streamline operations, positioning itself as a leading player in the crypto industry. As Binance continues to innovate and expand its offerings, users can expect more enhancements that cater to their needs, keeping the exchange at the forefront of the market.
 
Cardano faces resistance at key supply zone, impacting potential price movement. Bullish indicators suggest short-term optimism, despite ongoing market volatility. Cardano (ADA) is trading at $0.3429, reflecting a 4% decline in the past 24 hours and hitting a weekly low of $0.3396. Over the past month, ADA has dropped by 7%. During this period, its price action has been relatively volatile, with slight declines of 5% over the past week. ADA has now entered a crucial supply zone, ranging between $0.3680 and $0.3823, which could determine its next move. Breaking through this zone is essential for the token to target the $0.4158 mark. Failure to breach it could trigger a decline toward $0.3566, which might serve as a support level. Meanwhile, Key indicators like Open Interest (OI) and Funding Rate suggest that ADA’s bullish momentum is still intact. OI has increased by 6.49% to $252.62 million, signalling heightened market interest. A rise in OI often correlates with positive price movements, indicating that traders are optimistic about ADA’s short-term prospects. Similarly, ADA’s funding rate, currently at 0.0132%, supports a positive outlook, pointing to trader sentiment favouring long positions. However, the Relative Strength Index (RSI) presents a cautionary signal. Currently at 67.36, it is nearing the overbought territory above 70, which could result in a price correction if the threshold is crossed. Cardano Traders Can Expect Rally? Despite short-term fluctuations, Cardano’s long-term price movement faces challenges. The token’s price has struggled since its first-quarter rally in 2024, with significant resistance at the $1.04 level, where over 1 million addresses hold 2 billion ADA. Additionally, Cardano’s Mean Dollar Invested Age (MDIA), an indicator of long-term holder activity, continues to rise, signalling potential stagnation in investor behaviour. While Cardano could face further dips, broader market conditions, such as a Bitcoin rally, may provide support for a recovery. Should Bitcoin break above $70,000, ADA could revisit higher levels, possibly reaching $0.61 and beyond.
 
Base plans to implement fault proofs on its mainnet. The upgrade allows users to independently confirm the validity of withdrawals. Ethereum Layer 2 (L2) scaling solution Base is launching fault proofs on its mainnet on October 30, 2024. This upgrade aims to decentralize by enabling permissionless validation and improving security for users on the network. Base stated: This upgrade introduces two capabilities: to propose Permissionless Output Proposals in which only a centralized proposer could create and submit output roots about the Base’s state. With the upgrade, any party can submit claims about the L2’s state. The Permissionless Challenges to Proposals enables anyone to challenge these output proposals. On the other hand, the Base team has collaborated with another Ethereum Layer 2 scaling solution, Optimism, to ensure the integration of fault proofs. This aimed at creating a seamless processing of the upgrade and ensuring the pending withdrawals were re-proven using the new fault proof system. The Fault Proof System The fault proof system will be involved in the withdrawals to prove and finalize transactions. The DisputeGameFactory contract will replace the L2OutputOracle for proposing output root statements as part of the shift. Moreover, the users withdrawing funds from L2 to L1 should undergo the standard 7-day challenge period. The new fault proof system will process withdrawals made during or after the upgrade. These transactions will take another 7 days for finalization but may face further delays if any conflicts arise. Besides, the bridge operators on the Base Mainnet must notify users about the upcoming fault proof activation. Also to ensure compatibility with bridging logic to align with new L1 contracts. Notably, these contract upgrades will be managed atomically, and no additional action is required from node operators. Within a single transaction, all the affected L1 contracts will be upgraded. Highlighted Crypto News Bitcoin (BTC) Flips Support to Resistance Signaling a Rally
 
Kroma is proud to unveil ZKcandy has entered into definitive agreements to become our newest strategic investor and partner. This partnership will mark an exciting new phase for Kroma as ZKcandy will assume the role of major shareholder, currently held by WEMIX Pte., after closing takes place. ZKcandy is a unique collaboration between iCandy Interactive, Southeast Asia’s largest game developer, and ZKsync, a leading Layer 2 (L2) Ethereum scaling solution. iCandy boasts over 650 full-time employees and has developed more than 300 mobile games, with over 400 million downloads worldwide. ZKcandy, operating a Layer 2 gaming zkChain, has already shown tremendous early success, registering over 2.5 million wallets within two weeks of its open testnet launch. ZKcandy is set to launch its mainnet by the end of 2024, with over 20 games already in the pipeline. This strategic partnership demonstrates ZKcandy’s confidence in Lightscale’s innovative L2 blockchain solution, Kroma, and strengthens their commitment to accelerating Kroma’s future growth and success. Kroma, built on the Superchain, is advancing the OP Stack, improving the security and efficiency of blockchain transactions. By integrating Native Account Abstraction, Kroma reduces gas fees and simplifies the user experience for both developers and end-users. Kroma is also the first OP Stack rollup featuring a ZK fault-proof system powered by the Tachyon library, which accelerates ZK proof generation while reducing costs, offering unmatched scalability without compromising security. “We look forward to welcoming ZKcandy as a strategic partner and investor,” said Taekyu Park, Founder of Kroma. “Their involvement will represent a pivotal moment for Lightscale, one that will drive Kroma’s growth and help solidify its leadership in the Layer 2 blockchain space.” With ZKcandy’s backing, as well as continued support from partners like SK Planet, Xangle, and Hexlant, Kroma is well-positioned to expand its influence across gaming, DeFi, and NFT sectors, driving the future of secure and scalable decentralized applications. About Kroma: As Asia’s leading Layer 2 solution built on the Superchain, Kroma is the first OP Stack rollup with an active fault proof system utilizing zkEVM. Kroma will transition to a universal ZK Rollup once the generation of ZK proofs becomes more cost-efficient and faster — using its original modular ZK backend library, Tachyon. Kroma plans to push for gamified web3 experience backed by its strengths in gaming, consumer applications, Asia market, and technical capabilities for true universal web3 adoption. 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.
 
Crypto analyst MMBT Trader has revealed that the Bitcoin price is retesting a bullish channel at the $65,000 price level. He further mentioned what market participants should expect if the flagship crypto holds above or breaks below this bullish channel. Bitcoin Price Retesting $65,000 And What Could Come Next MMBT Trader mentioned in a TradingView post that the $65,000 support zone is now the major daily support, and market participants can expect a valid retest of the channel breakout. The analyst claimed that if the Bitcoin price holds this support, investors can expect a “heavy pump”, which could lead to a new all-time high (ATH). However, if the Bitcoin price fails to hold the $65,000 bullish channel, such a breakout to the downside would lead to a free fall to the $60,000 support level. MMBT Trader even suggested the possibility of BTC retesting $50,000 if it fails to hold above $65,000. Meanwhile, a breakdown means that the flagship crypto could range for a while before it makes another attempt to break its ATH at $73,000. Analyst Justin Bennett also recently highlighted the $65,800 range as the first test for the Bitcoin price. He had also indicated that BTC could drop to around $63,000 if it fails to hold above this level. However, a successful hold above this price range would invalidate his trade setup. The Bitcoin price has so far held well above $65,000 since it again reclaimed $67,000 after the price crash two days ago. However, Bennett indicated that BTC isn’t yet in the clear despite the bounce on October 23. He claimed there is no confirmed bottom as long as the flagship crypto is below $68,200. BTC Needs A Weekly Close Above This Level In an X post, crypto analyst Rekt Capital mentioned that a weekly close above $66,200 would be confirmed as a successful retest. He noted that the flagship crypto was showing promising signs so far, having already produced a wick below the $66,200 price level and returned above it. His accompanying chart showed that the Bitcoin price drop below $66,200 before the weekly close could lead to further breakdown below the $60,000 support level. Meanwhile, bear analyst CrediBULL Crypto predicted that the Bitcoin price could retest the $68,000 range to “bait in some final longs” before it suffers a “rug pull” to the $60,000 support level. The analyst is one of those who believe that it is still too soon to call for a new ATH for BTC based on his belief that the flagship crypto still needs to retest the lower range. At the time of writing, the Bitcoin price is trading at around $67,000, up in the last 24 hours, according to data from CoinMarketCap.
 
POPCAT, the Solana-based meme coin, hit an all-time high of $1.67, marking a 24.64% increase. POPCAT has seen a 31% increase in open interest in the futures market over the past 24 hours. While major cryptocurrencies like Bitcoin and Ethereum are declining, the Solana-based memecoin POPCAT (SOL) has been spotted as a top gainer, reaching an all-time high of $1.67. In the last 24 hours, the POPCAT recorded maximum gains in the market, climbing over 24.63% from a low of $1.34. The surge in the altcoin price comes after a brief dip earlier in the week, suggesting a resurgence in buying interest that has propelled POPCAT to its current peak. The recent movement signifies a substantial reversal from the bearish trend that was previously noted between POPCAT’s price and its Chaikin Money Flow (CMF). This indicator monitors the flow of capital in and out of an asset. Currently, the CMF is on an upward trajectory. That sits well above the zero line at 0.05, which reflects strong buying momentum. This synchronization between the POPCAT price and the CMF indicates strong buying interest, adding credibility to the ongoing rally. Current Market Trends for POPCAT At the time of writing, the token retraced slightly to $1.62; it remains above key support levels. Notably, there’s been a 31% increase in open interest in the futures market. That indicates heightened market activity, as per Coinglass data. POPCAT Price Chart (Source: TradingView) Adding to the optimism, the Relative Strength Index (RSI) is hovering around 57. Signaling that there’s still room for growth before entering overbought territory. Furthermore, POPCAT is trading above its 9-day Exponential Moving Average (EMA), a sign that buyers are in control and the price could continue its ascent. If the current momentum persists and demand stays strong, POPCAT could break its recent peak of $1.67 and possibly reach the $2 mark. However, investors should remain cautious as profit-taking could lead to a drop below support levels, pushing the price to $1.1975. POPCAT expected to trade between $1.25 and $1.42 before the end of October. Highlighted Crypto News Is SUI Set to Hit New All-Time High with Google Cloud Partnership?
 
October saw significant liquidations, revealing volatility in the market. High transaction fees on Ethereum dampen investor confidence and trading activity. The crypto market is in a state of flux, marked by significant liquidations and fluctuating investor sentiment. On October 23, 2024, total liquidations reached $261 million, predominantly affecting long positions as traders anticipated a continuation of Bitcoin’s bullish trend. Crypto Liquidation Chart, Source: Coinglass This liquidation surge ranks as the second-largest for October, following the $450 million liquidated on October 1 when Bitcoin fell approximately 5%.This spike was largely triggered by Bitcoin’s price drop below the crucial $60,000 mark. It is influenced by ongoing geopolitical tensions, particularly in the Middle East. Moreover, at that time, many traders have opted to shift their assets into stablecoins as a precautionary measure against the uncertain market conditions. Amid these dynamics, BTC saw considerable movement, peaking near $70,000 on October 21 before retreating to around $65,500 on the 23rd. It has since rebounded to about $67,386. Bitcoin Price Chart, Source: TradingView Also, the recent uptick in liquidations can be partly attributed to traders overextending themselves in the face of a bullish market. The optimism surrounding Bitcoin’s price rise led many to take leveraged long positions. Traders quickly unwound their positions when the market failed to maintain upward momentum. The latest figures reveal that 75% of recent liquidations, totaling $91 million. It originated from long bets, underscoring the prevailing bearish sentiment. Potential Crypto Market Recovery !? Interestingly, institutional interest remains robust, with U.S.-based Bitcoin exchange-traded funds (ETFs) recording a net inflow of $198.5 million on the same day, buoyed by significant investments in BlackRock’s iShares Bitcoin Trust ETF. However, other major ETFs experienced outflows, reflecting mixed sentiment among institutional investors. Looking ahead, while the crypto market continues to face volatility, certain indicators suggest potential for recovery. The ongoing scarcity of Bitcoin on exchanges may lead to upward price movements if demand stabilizes. Furthermore, developments in decentralized finance (DeFi) and other emerging sectors within the crypto space could provide catalysts for market growth. Highlighted News Of The Day Radiant Capital Hackers Bridge $52M to Ethereum After Exploi
 
Owing to their speed of transactions, low costs, and high scalability, Solana is now ranked among the few top blockchains. A concept somewhat different from other platforms is interesting for dApp developers and NFT creators because Solana can handle up to 65,000 transactions in one second. With the evolution of the crypto market, the price of SOL is still a major focus of investors as they are keen to see when the token will reach $500. Though market conditions, competition, and technology improvements still cause uncertainties, several price forecasts indicate a positive future for Solana over the next ten years. SOL Current Market Position and Price History First introduced in April 2020 at a low price range of $0.50 to $0.90, Solana became rather popular right away. Early in 2021, it had exceeded $10; by November of that year, it peaked. The explosive climb of the token matched the enthusiasm of the wider crypto market. However, the start of a global market downturn saw SOL’s price drop from its high and level down to lower values. Solana’s comeback in growth in 2023 resulted in a positive momentum that carried through into 2024. Technical markers point to a bright future for SOL. A recent breakout over a local diagonal resistance line and further positive signals from Moving Averages, MACD, and the Parabolic SAR point to ongoing upward momentum. Still, there are other obstacles ahead, including a “death cross,” a bearish technical indication that can endanger the continuous bull run. Forecasts of prices for 2024–2030: Will SOL reach $500? Many sources point to Solana’s long-term prospects being still bright. Wallet Investor forecasts, for instance, a consistent increase in the value of the token; projections show an average price of $178.83 by the end of 2024, $300.89 by 2025, and $545.48 by 2027. Forecasting SOL at $276.63 by 2024’s closure, $332.68 in 2025, and maybe as high as $1,030.23 by the end of 2030, DigitalCoinPrice holds the same opinion. These forecasts imply that if the platform keeps increasing its user base and expanding its ecosystem, $500 would be within reach for SOL during the next five years. Constant improvements in Solana’s network, including the Solana Virtual Machine (SVM), which raises interoperability with Ethereum-based distributed apps, help to accentuate Solana’s possibilities. This development can propel more acceptance, so SOL can reach important pricing targets like $500. Achieving such goals, however, would also rely on overcoming the economic environment of the larger market and the rivalry from other blockchain systems. Although Solana’s future seems bright, for those looking to optimize gains, Rexas Finance (RXS) might have even better possibilities. Rexas Finance addresses the fast-expanding market for real-world asset (RWA) tokenization, whereas Solana concentrates on general blockchain scalability. Rexas Finance solves a special market demand that can result in significant profits for investors by giving traditional assets such as real estate, commodities, and collectibles digital representation and trading capability. Rexas Finance (RXS): Another Choice Made Especially for Investors Real-world asset tokenization opens fresh investing prospects and democratizes access to markets once out of reach for many people. Enhanced liquidity and fractional ownership help more diverse types of investors engage in asset management more easily. Launching token projects is made easier by the Rexas QuickMint Bot, which facilitates token creation using popular chat apps such as Telegram and Discord. This simplicity of use can draw nontechnical consumers eager to enter the cryptocurrency market. Beyond tokenization, Rexas Finance provides solutions driven by artificial intelligence that include Rexas GenAI for NFT development and Rexas AI Shield for smart contract audits. These elements not only increase value but also enhance security and simplify processes inside the ecosystem. The project has garnered strong investor interest, raising over $4.2 million in its ongoing presale stage 4 and selling approximately 90 million tokens. With 82% of the presale completed, RXS offers early investors a promising opportunity for significant returns, targeting a potential 500x price surge post-listing. Why Might Rexas Finance Make a Better Investment? Although Solana is a respectable blockchain with a strong ecosystem, Rexas Finance distinguishes itself with its emphasis on tokenizing actual assets, a market expected to have trillions of worth. Rexas Finance serves an underprivileged niche by bridging the gap between conventional finance and the blockchain, hence maybe allowing investors more upside. The way the initiative combines artificial intelligence technologies, strategic alliances, and a creative approach to user involvement sets it even more for notable expansion. Moreover, Rexas Finance’s legitimacy in the crypto community is enhanced by its already confirmed placement on CoinMarketCap. Rexas Finance is a good substitute for investors wishing to build generational wealth as it has a lower initial investment cost than Solana, which already boasts a big market capitalization. Conclusion Driven by the technical improvements of the platform and further developments, Solana’s $500 aim could be reachable in the next years. Reaching this price will, however, need negotiating obstacles including possible bearish market indications and competition. Solana offers a good investment possibility; yet, Rexas Finance makes a more convincing case because of its emphasis on real-world asset tokenization, creative ideas, and strategic presale approach. Investors searching for the next great thing in the crypto realm should give RXS, a token with not just great market needs but also notable potential some thought. Rexas Finance might provide the generational wealth prospects many people are looking for by positioned at the junction of blockchain technology and conventional asset management. About Rexas Finance :- Website: https://rexas.com 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.
 
Ethereum price has factored in a further price drop in the past day as per CMC data. The altcoin’s daily trading volume has shown increases by 29.93%. On a rare occurrence, the overall crypto market has recorded neutral price actions in the last 24 hours. When comparing the past day, Bitcoin’s returning back to the $67K level might have contributed to neutralizing price actions. Meanwhile, the market’s trading volume has surged by 19.08% in the past day. Notably, leading altcoin Ethereum has contradicted Bitcoin by turning to the bearish end. The token incurred a 1.90% price drop in the last 24 hours falling to its previous support at $2,500. ETH has shown increased volatility in the past day, as indicated by the RVI and its daily price chart. In the Asian afternoon hours of October 23, Ethereum was trading at a high of $2,672 as per CMC data. Following this, it rose to the $2,700 level momentarily before sliding downwards hitting an intraday low of $2,450. As the token’s volatility took to effect, it once again attempted to overpower the bears before reaching current trading levels. At the time of writing, ETH was trading at $2,524. Zooming out, over the past week, Ethereum shows a 3.11% price dip as the token has faced downward pressure in the past few days. Furthermore, when analyzing Ethereum’s weekly price chart, there can be seen signs of a price rally initiation. At the beginning of the week, the altcoin traded at $2.6K levels, after which it tested the $2.7K level. Will Ethereum Price Manage to Exhibit a Rally? On inferring the cryptocurrency’s price chart and technical indicators, Ethereum has shown minimal price actions these past few weeks. Despite other cryptocurrencies showing significant price increases influenced by the Uptober rally, ETH did not join the banter. Moreover, the altcoin failed to sustain the brief positive momentums that it incurred during this time. ETH/USDT Daily Price Chart (Source: TradingView) Additionally, the token’s Moving Average Convergence Divergence (MACD) signal line stands close to the MACD line awaiting a bearish crossover. In case of further declines, the MACD line might move above the signal line. Relatedly, the token’s RSI stands at 47.76 indicating a selling sentiment in the market. However, if the token does manage to overpower the bears, it can be expected to show price increases in the coming months. Meanwhile, the US spot ETH ETFs have turned bullish with inflows of $1.27 million as per Sosovalue data. Highlighted Crypto News Today: Is SUI Set to Hit New All-Time High with Google Cloud Partnership?
 
Shiba Inu (SHIB) and PEPE Coin also had a bad performance in 2024 and this has frustrated a lot of investors. Shiba Inu has witnessed a decline in terms of the value of 76.40% from its all-time high (ATH) while PEPE coin has also dropped by a whopping 66.65% from its all-time high of $0.00001737. These figures indicate that the hope of such meme coins getting to $1 whose hopes had been long history is no more. One of them is a notable investor who is telling the crypto world that they need to ‘give up on candy fantasies’ and stop chasing pipe dreams. This investor says such coins like SHIB and PEPE will remain stagnant without a definite use case for mass adoption. This investor refutes that such coins will ever reach $1 and instead shifts his focus on a new potential coin Rexas Finance (RXS) which he predicts will surpass the $1 benchmark and be a game changer in the industry. SHIB and PEPE’s Struggles It would seem that the excitement about Shiba Inu and PEPE is finally over, just like those currencies have lost their price action potential. Meme coins depending solely on speculation and development of the community do not appeal enough. However, too many meme coins were available in the crypto market in 2023. By 2024, the crypto market has grown and investors are searching for tokens, that have some practical use other than just memes.There is little that explains the continued growth of the community within Shiba Inu and PEPE in the future. It’s fruitless to wait for the day when SHIB or this PEPE will reach the price of $1. These coins are the way it is now with weak use cases, and they will need a complete revamping to think about reaching such a level. “In the absence of solid benefits, you’re chasing pipe dreams,” he says. Rexas Finance (RXS): A Token with Real Utility Other than the boring details of SHIB or even the issues raised by PEPE, Rexas Finance (RXS) is unique due to its geographical appeal. Rexas Finance is taking the crypto industry by storm by facilitating the tokenization of real-world assets (RWA), thus facilitating the entry of new markets such as real estate and other commodities. With this cutting-edge technology, users can just point at a button and perform actions such as buying, selling, and tokenizing real-world assets where both full and fractional ownership are available.This high-tech instrument makes the potential of Rexas Finance enormous. The real estate market alone is said to be approximately $379.7 trillion and that of commodities such as gold is $121.2 trillion. Further, the global market for art and collectibles creates an annual volume of around $65 billion. Such limitations of geography are not present with Rexas Finance and thus offers an opportunity to investors to board the most lucrative sectors of the economy which makes growth in all its dimensions possible. A Token That Will Breeze Past $1 Although SHIB and PEPE seem to be fighting for their survival, Rexas Finance is positioning itself for tremendous growth. The token is currently selling at $0.060 in its presale stage 4, having moved up 100% from its initial price of $0.030 in stage 1. Some analysts predict that RXS will be listed at $0.20 by early 2025, allowing early investors to realize a 236% growth from the current presale price.Nonetheless, the investor who is so brave enough to write off SHIB and PEPE considers that Rexas Finance will shoot past the $1 target with ease. He forecasts that the RXS token after it launches into the market at $0.20 will still be on a bullish trend and may hit $4 very quickly enabling investors to make returns that no meme coin can provide. Track Rexas Finance on CoinMarketCap For those wishing to follow the growth of Rexas Finance, the token has been added to CoinMarketCap recently. There, investors can get all crucial updates, including the presale status and other important factors concerning the token.Rexas Finance’s presale activity also features a pleasant touch of a $1,000,000 giveaway. The participants of the presale will be randomly chosen, and among them will be twenty winners, each taking home $50,000. The potential investors have a good chance of being able to buy RXS tokens at a low price and possibly win a huge cash prize too. Conclusion Understandably, Shiba Inu and PEPE Coin are still unsatisfied with the target of $1. However, Rexas Finance is positioned as a token with real applications and thus has a strong chance of surpassing that target. Thanks to an innovative way of approaching the tokenization of real-world assets, and impressive performance in presale, Rexas Finance allows investors to belong in a project that is sure to grow. If you’re sick and tired of chasing pipe dreams that are not realistic, RXS may be the token for you to monitor. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M 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 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.
 
Bernstein Research, the esteemed research arm of global asset manager AllianceBernstein, is projecting that Bitcoin will reach $200,000 by the end of 2025. The firm, which manages assets worth $791 billion as of August 2024, labels this prediction as “conservative” in its latest 160-page “Black Book” on Bitcoin. Why BTC Price Will Hit $200,000 In 2025 Bernstein’s report, titled “From Coin to Computing: The Bitcoin Investing Guide,” delves into the multifaceted dynamics propelling Bitcoin’s ascent. The firm underscores the surge in institutional adoption, the burgeoning market for Bitcoin exchange-traded funds (ETFs), and the evolving role of Bitcoin miners in both the cryptocurrency and artificial intelligence (AI) sectors. “If you are a Bitcoin skeptic … maybe a limited supply, ‘store of value’ digital asset is not such a bad thing in a world where U.S. debt hits new records ($35 trillion now) and threats of inflation still loom. If you like gold here, you should love Bitcoin even more,” writes Gautam Chhugani, Managing Director and Senior Analyst at Bernstein. The report highlights a significant shift in institutional investment patterns. According to Bernstein, global asset managers now hold approximately $60 billion worth of Bitcoin and Ethereum ETFs, a fivefold increase from $12 billion in September 2022. The firm describes the launch of these ETFs as “the most successful in the history of exchange-traded funds,” noting $18.5 billion in inflows year-to-date since their introduction in January. “By 2024 end, we expect Wall Street to replace Satoshi as the top Bitcoin wallet,” the report states. Bernstein attributes this surge to the logistical challenges of self-custody for retail investors. “With institutional players flocking to Bitcoin, ETFs are proving to be the entry point for large-scale investment in digital assets,” the firm notes. Bernstein’s bullish stance on Bitcoin is underpinned by its analysis of market trends and institutional behavior. BTC price has already appreciated by 120% over the past 12 months, with its market capitalization swelling to $1.3 trillion. “With institutional adoption accelerating, we expect Bitcoin to triple from its current levels,” Bernstein projects. The firm anticipates that Bitcoin’s market cap could expand to over $3 trillion by the end of 2025, driven by increased allocations from wealth management platforms, pension funds, and registered investment advisors. The report also suggests that larger financial institutions will play a more dominant role as the market matures. “This new institutional era, in our view, could push Bitcoin to a high of $200,000 by 2025 end,” the analysts write, emphasizing that the forecast is “conservative” given the current trajectory of institutional involvement. Bitcoin Treasury And Mining Another focal point of Bernstein’s report is the growing adoption of Bitcoin as a corporate treasury asset. The firm highlights MicroStrategy Incorporated (NASDAQ: MSTR) as a pioneering example. Led by CEO Michael Saylor, MicroStrategy has allocated more than 99% of its cash holdings to Bitcoin, owning approximately 1.3% of the total Bitcoin supply. “We view MicroStrategy as an active leveraged Bitcoin equity strategy,” Bernstein states, pointing out that the company’s stock has offered superior returns compared to holding Bitcoin directly or via ETFs. Bernstein’s report also sheds light on the consolidation trends within the Bitcoin mining industry. Major players like Riot Platforms (NASDAQ: RIOT), CleanSpark (NASDAQ: CLSK), and Marathon Digital Holdings are acquiring smaller miners, leading to an industry dominated by industrial-scale operations. “Leading US Bitcoin miners are consolidating share and becoming energy infrastructure players,” the report notes. “We expect Riot, CleanSpark, and Marathon to consolidate the Bitcoin mining industry.” Bernstein predicts that these leading miners will control 30% of Bitcoin’s total hashrate by 2025. The analysts further explore the synergy between Bitcoin mining and AI infrastructure. Bitcoin miners are emerging as attractive partners for GPU cloud providers, offering gigawatt-scale energy access and reducing the “time to market” for energizing AI data centers. “Miners present an energy arbitrage opportunity, trading at $2-4 million per megawatt, compared to $30-50 million per megawatt for legacy data centers,” Bernstein observes. Companies like Core Scientific and Iris Energy are capitalizing on this by developing AI data centers alongside Bitcoin mining operations. “Bitcoin miners are evolving into essential partners for AI data centers as they capitalize on excess energy capacity and offer efficient solutions for high-performance computing,” Bernstein states. This convergence not only diversifies revenue streams for miners but also enhances the sustainability and scalability of AI infrastructures. At press time, BTC traded at $67,162.
 
A new artificial intelligence cryptocurrency, priced at just $0.035, is capturing attention in the crypto world. Drawing comparisons to the early days of blockchain platforms like Polygon and Solana, some believe it could see significant growth before the next market surge. This low-cost token might be the next big thing to watch. CYBRO Presale Soars Past $3 Million: A One-in-a-Million NeoBank Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This cutting-edge NeoBank 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 addition to tokens, CYBRO introduces special Points, offering even more opportunities for investors. Holders of these Points will automatically participate in the CYBRO Airdrop, where the more Points you hold, the more tokens you will receive. CYBRO distributes up to 1 million Points weekly, which can be earned by investing in DeFi Vaults in the CYBRO app. 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%<<< Solana (SOL) Exhibits Steady Growth Amid Positive Market Indicators Solana (SOL) is trading between $153.50 and $174.52, showing a 6.76% increase over the past week and 12.53% over the month. The coin is approaching its nearest resistance level at $181.71, with the potential to test the second resistance at $202.73. The Simple Moving Averages indicate stability, with the 10-day SMA at $166.87 and the 100-day SMA at $160.59. Technical indicators like RSI at 57.23 and MACD at 0.43 suggest moderate bullish momentum. If this trend continues, Solana could see further gains. However, the nearest support levels at $139.67 and $118.65 may come into play if the price retraces. Ex-MATIC (POL) Nears Support at $0.35 Amid Continued Slide Ex-MATIC (POL) is trading between $0.37 and $0.39, down 2.26% over the past week and 10.62% over the past month. The price is nearing support at $0.35, with a second support level at $0.33. Technical indicators show bearish momentum; the MACD level is negative at -0.002. The RSI stands at 37.07, suggesting it’s approaching oversold conditions. If the price falls below $0.35, it could decline to $0.33. On the upside, if it rebounds, resistance levels are at $0.40 and $0.43, the latter representing about a 10% gain from current prices. Overall, the trend indicates caution, as the coin has lost 47.85% over six months. Conclusion While coins like SOL and POL show less potential in the short term, CYBRO emerges as a technologically advanced DeFi platform offering investors unparalleled opportunities to maximize their earnings through AI-powered yield aggregation on the Blast blockchain. With features such as lucrative staking rewards, exclusive airdrops, and cashback on purchases, CYBRO ensures a superior user experience characterized by seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project with strong interest from crypto whales and influencers. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
 
The recent increase in the appeal of spot Bitcoin exchange-traded funds (ETFs) in the United States has temporarily ceased. On Tuesday, these funds underwent a reversal, resulting in net outflows of $79.01 million, following an extraordinary seven-day streak of positive inflows. Farside Investors are the source of this data, a company that specializes in the analysis of ETF flows. A Brief Obstacle The $79 million outflow represents a significant shift in sentiment among investors who had previously demonstrated a strong interest in Bitcoin ETFs. Over the span of two days last week, the market attracted around $1 billion in inflows, implying a robust demand for these financial products. The main cause of this negative change was Ark and 21Shared’s ARKB, which resulted in a substantial $134.7 million outflow. BlackRock’s IBIT, the best-performing bitcoin ETF by net assets, drew $43 million. Fidelity’s FBTC and VanEck’s HODL, which received $8.8 million and $3.8 million, respectively, also helped. There were no new flows on the remaining eight funds, including Grayscаle’s GBTC, during the day. Nevertheless, Bitcoin ETFs could bring in more than $21 billion to date. This number clearly signifies the rising use of Bitcoin as a new asset class and it is only going to see more hedge funds take larger positions. US-traded spot Bitcoin ETFs have also seen significant interest from institutional investors, with 20% of the market owned by them as of October 22. Institutional Demand Is Still Strong Regardless, while the latest ETF flow swings have been significant in themselves, they can not distract from what is an ongoing push towards institutional Bitcoin adoption. Among the main companies who have made large investments in these funds are Goldman Sachs and Millennium Management. The SEC’s approval of options trading on 11 Bitcoin ETFs will help investors manage their Bitcoin exposure, boosting interest. Through more efficient position hedging made possible by options trading, investors can help to steady the market and lower volatility over time. Analysts argue that this would draw more institutional money to the industry, therefore supporting Bitcoin’s reputation as a credible investment tool. Bitcoin ETF: Looking Ahead Although outflows may cause concern, many analysts are positive about Bitcoin ETFs. Options trading’s SEC approval is a turning point that could improve market efficiency and liquidity. More institutional players coming into the space are likely to change the dynamics. The current pause in inflows could be a temporary phenomenon only; investors are repositioning their strategies given the shift in market conditions. The outlook for spot Bitcoin ETFs, looking into the long term, appears quite positive with the current uptick in adoption from the institutional space and trading of Bitcoin at or near three-month highs. The recent outflows from spot Bitcoin ETFs may indicate a temporary setback; however, the prevailing trend of heightened institutional interest and regulatory support indicates that this asset class is here to stay. Investors will be intently monitoring the rapid evolution of this market for any new developments. Featured image from The Rio Times, chart from TradingView
 
SUI’s price increased by over 9% in the last 24 hours, rising from $1.87 to $2.04. SUI Network’s partnership with Google Cloud allows developers to access real-time blockchain data. The native token of the Sui Network (SUI), a Layer 1 blockchain, has surged by over 9% in the past 24 hours, rising from a low of $1.87 to a recent high of $2.04. This price rally comes despite the global cryptocurrency market showing a downward trend, with top coins like Bitcoin (BTC) and Ethereum (ETH) trading in the red. SUI’s rally was triggered by its recent integration with Google Cloud, a collaboration facilitated by ZettaBlock. This partnership allows developers to tap into real-time blockchain data through Google Cloud’s Pub/Sub service, opening the door for more innovative decentralized applications (dApps). Additionally, SUI developers gain access to valuable blockchain data via Google Cloud’s BigQuery public datasets, providing powerful tools for analytics and insights. The integration is especially beneficial for AI applications that require constant access to fresh data to function optimally, as developers can now receive live data from the Sui blockchain in real-time. This technological advancement has played a role in boosting investor sentiment toward SUI. SUI Price Performance and Market Outlook Despite the recent price spike, SUI has had a mixed performance lately. Over the past week, its price has dropped by more than 3.5%. After hitting an all-time high of $2.36 on October 14, the crypto has declined nearly 13.56% to its current price of $2.04. This correction follows an impressive rally of over 120%. However, the altcoin holds a significant 35.50% gain over the past month. SUI Price Chart (Source: TradingView) On the technical front, the SUI/USDT daily chart shows a bullish crossover, where the 50-day moving average (MA) has crossed above the 200-day MA, hinting at a potential upward trend. Also, the Relative Strength Index (RSI) at 61.75 indicates growing buying momentum. If this trend continues, the altcoin may target resistance at $2.18 and potentially rise above $2.25. However, any decline might lead the price toward key support levels around $1.94 and possibly lower to $1.65.
 
Bitcoin price trades at $67.3K after a brief gain of 0.35% in the last 24 hours. Crypto analyst shares a promising sign of a potential Bitcoin price momentum. Bitcoin’s crucial resistance levels are tested to confirm a bullish trend. To accomplish this, BTC needs to surpass the $70K mark. The asset has shown resilience in recent days, with the bulls eyeing higher targets. The technical indicators suggest Bitcoin’s bullish momentum despite a brief downside correction. Moreover, the daily and weekly price charts assess the prospect of BTC overcoming the $70,000 threshold. However, the market volatility of BTC is unpredictable. Over the past 24 hours, the asset touched a peak of $67,523, and its low is posted at $65,188. At press time, BTC had a 0.35% spike and traded at $67,382, with its daily trading volume surging over 16.70% to $34.55 billion, as per CMC data. Consequently, BTC stays within the greed zone as the Fear and Greed Index is positioned at 79. BTC has been in brief bullish sentiment over the past seven days, spiked by 0.10%. BTC began trading at $67,314 and eventually climbed to $69,362, surpassing the nearby resistances to break the bearish pressure. Bitcoin’s Technical Analysis Crypto analyst Rekt Capital shares a promising sign, suggesting a potential Bitcoin price momentum. The chart shows BTC breaking above the upper boundary of a price channel and a retest of the channel top. It would likely increase the probability of its upward momentum. If Bitcoin maintains its mark above $66,200 by the weekly close, the analyst expects a confirmed support retest. Bitcoin has briefly dipped below the channel top but quickly reclaimed it. The wick below the Channel Top suggests temporary volatility, yet Bitcoin’s ability to return and hold is a promising bullish signal. In addition, the four-hour technical chart of BTC highlights the current brief bearish sentiment as the Moving Average Convergence Divergence (MACD) indicator is positioned below the signal line. Highlighted Crypto News Denmark Makes Bold Move Initiating Crypto Unrealized Gains Tax
 
Radiant Capital hackers bridged $52M from Arbitrum and BNB Chain to Ethereum. Advanced malware compromised developers’ devices, enabling the exploit. Hackers behind the recent Radiant Capital exploit have successfully bridged nearly all stolen funds from Arbitrum and BNB Chain to Ethereum, totaling approximately 20.5K ETH, valued at around $52 million. This move marks the next phase in the aftermath of the October 16 hack, where attackers drained assets across multiple blockchains before transferring the funds into Ethereum’s ecosystem to obscure their tracks and potentially access greater liquidity options. Notably, the exploit, which occurred on the evening of October 16, involved a complex attack on Radiant Capital’s cross-chain lending markets. According to Radiant Capital’s post-mortem report, advanced malware injections compromised the devices of three reputable contributors to the project. These compromised devices, despite being protected by hardware wallets and distributed across different locations, allowed threat actors to validate malicious transactions and siphon funds. Moreover, Blockchain security firm Ancilia Inc. was among the first to detect the suspicious activity on October 16. It reported that $16 million was drained from Radiant’s pools on BNB Chain. Shortly after, more funds were stolen from trading pools on Arbitrum. It involves various tokens like USDT, USDC, and ARB, bringing the total losses to around $52 million. Another security firm, Hacken, also confirmed the extent of the damage. Stronger Oversight is Crucial The October exploit isn’t Radiant Capital’s first breach. The DeFi platform was hit by a $4.5 million flash loan exploit on Arbitrum just over ten months ago. It highlights the ongoing security challenges faced by decentralized finance protocols. In response to the recent breach, Radiant has reported the attack to U.S. law enforcement. And reportedly is working with cybersecurity firms SEAL911, Hypernative, ZeroShadow, and Chainalysis to investigate further. The incident once again raises concerns about the vulnerabilities of cross-chain DeFi platforms, as hackers continue to exploit their complex infrastructure for massive gains. Highlighted News Of The Day Denmark Makes Bold Move Initiating Crypto Unrealized Gains Tax
 
Denmark has announced plans to implement taxation on crypto unrealized gains. The country’s law council plans to publish a report on cryptocurrency regulations soon. The global crypto regulatory landscape has been fighting for the spotlight this week. Several countries have made announcements in the past few days, and certain controversies have arisen. Notably, US SEC chair Gary Gensler, in a recent interview, announced that the ‘regulation by enforcement’ will proceed undeterred. In the last 24 hours, Denmark’s law council swept the sector by becoming the first nation to begin taxing unrealized crypto gains. The law council’s official statement released on Wednesday, propounds that they plan to charge a 42% tax on Danes with Bitcoin and other crypto holdings. This move is an attempt to include crypto along with other financial investment assets and impose a clear tax on digital assets. Further, the report explained how it has been a challenge to regulate crypto that is not backed by real-world assets. The law council has been working on a report since 2021 owing to the extensive usage of crypto assets by the citizens of Denmark. Secondly, the council believes that the new law will help bring uniformity in the taxation process and prevent Danes from being heavily taxed for their gains. Additionally, this taxation method for non-backed cryptocurrencies is similar to stock taxation. How is Denmark Approaching Crypto Taxation? The law council aims to bring symmetry to its Taxation system, for which it is streamlining different aspects of Finance, as per its discussion. Denmark’s Law Council believes that its tax recommendations go beyond stabilizing crypto taxes. They state that the asymmetry in gains and losses taxation disappears due to this recent regulation. Zooming out, at the global level several countries have begun actively exploring regulations for cryptocurrencies. Recently, on Wednesday, the Indian government announced receiving expert opinions for a discussion paper that it plans to publish. Additionally, Norway’s central bank announced that it plans to conclude CBDC discussion by the end of 2025. Highlighted Crypto News Today: Vietnam Unveils National Blockchain Strategy to Drive Innovation
 
Transforming a modest $500 investment into a staggering $5 million by 2026 is within reach. Hidden among the sea of cryptocurrencies are four overlooked altcoins with immense growth potential. These under-the-radar gems are poised for explosive gains, yet most investors are unaware of them. Discover these top picks before they capture the market’s attention and redefine financial futures. CYBRO Presale Climbs Past $3 Million: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This cutting-edge DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform. With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million. >>>Join CYBRO and aim for future returns up to 1200%<<< Aave: Unlocking Decentralized Lending Opportunities Aave is a cryptocurrency in the DeFi space that offers a decentralized lending system on the Ethereum blockchain. It lets users lend, borrow, and earn interest on crypto assets without intermediaries. Using smart contracts, Aave manages assets through code instead of institutions. It supports lending and borrowing of 17 cryptocurrencies. Borrowers receive aTokens representing their loan and earn interest. Aave introduces flash loans, which are instant, require no collateral, and must be repaid within the same blockchain block. The AAVE token plays a key role in the ecosystem, providing benefits like fee waivers and voting rights on protocol changes. The platform’s Safety Module allows users to stake tokens for risk mitigation. Ondo Finance: Bridging Traditional Finance with Blockchain Efficiency Ondo Finance combines traditional finance’s reliability with blockchain technology’s efficiency. It tokenizes stable, income-generating real-world assets, making high-grade financial products more accessible. By using blockchain, Ondo improves financial infrastructure and broadens accessibility. The platform has an asset management arm that creates tokenized financial products. It also has a technology arm that develops decentralized finance protocols, enhancing functionality and scalability. Ondo collaborates with reputable partners like BlackRock and uses Coinbase for crypto asset custody, emphasizing quality and security. USDY, one of its products, offers stablecoin accessibility with yield, secured by US Treasuries and bank demand deposits. This reflects Ondo’s commitment to providing non-US investors with high-quality, regulated, and transparent financial products. Jupiter Provides Liquidity Infrastructure and Expands DeFi on Solana Jupiter is an advanced swap aggregation engine in the Solana ecosystem. It delivers essential liquidity infrastructure, helping users find optimal prices for token swaps. Jupiter is expanding its decentralized finance products. Its suite includes Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading. These tools enhance the DeFi experience on Solana by offering more options and flexibility. Jupiter’s technology supports traders and developers by providing efficient and comprehensive solutions. As Jupiter grows its offerings, it may play a significant role in Solana’s DeFi landscape. Conclusion As the market enters a new bullish phase, timing is crucial. While AAVE, ONDO, and JUP present opportunities, their short-term potential is less promising. In contrast, CYBRO offers unmatched possibilities. This advanced DeFi platform leverages AI-powered yield aggregation on the Blast blockchain to maximize earnings. With generous staking rewards, exclusive airdrops, and purchase cashback, it promises a superior user experience with smooth transactions. Its dedication to transparency, compliance, and quality sets it apart, and strong interest from major investors and influencers underscores its potential. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
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