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RWA blockchain Lumia has announced that major cryptocurrency exchange Binance is launching an Earn campaign for LUMIA holders. Through staking on Binance, the endeavor will allow holders of the new LUMIA token to get extra rewards. On October 24 at 9:00 (UTC), the Binance Simple Earn program for LUMIA holders will go live. Holders will earn rewards of up to 19.9% APR if they stake their LUMIA via Binance throughout the campaign. The campaign is scheduled to conclude on March 21, 2025. The APR that LUMIA holders may get will change based on how long they have staked; in order to receive an APR of 6.9%, they must have staked for at least 30 days. For 60 days, this increases to 12.9%, and for customers who stake for at least 90 days in a row, it climbs to 19.9%. During the campaign, Binance users may invest up to 25,000 tokens, with a minimum of 0.1 LUMIA. The purpose of Binance Earn is to enable cryptocurrency users to take part in staking programs and boost their profits. As a result, blockchain communities may keep their preferred assets and get additional rewards in tokens. In Lumia’s chain for RWAs, the LUMIA token performs many crucial roles, including governance and node rewards. Mehmet, Core Contributor at Lumia, said: Following its official support of the Lumia token swap event (TSE), Binance has decided to provide an Earn program for LUMIA holders. This made it simpler for DeFi and Web3 customers to purchase LUMIA and start exploring the advantages of Lumia’s blockchain for tokenized RWAs by enabling the Binance community to easily obtain the new token after the event. Lumia is divided into two parts: Lumia Stream, which is intended to provide liquidity to RWAs that are otherwise illiquid, and Lumia Chain, which is specifically made for RWAs. Lumia Chain is the best platform for institutional and retail tokenization and RWA adoption because it integrates the blockchain technology of the future with sophisticated account abstraction, worldwide compliance capabilities, and more. Then, Lumia Stream injects these tokenized RWA assets—such as real estate, commodities, and art—into the liquid decentralized finance (DeFi) ecosystem by fusing them with conventional digital assets. This creates a novel protocol that opens up new avenues for developers, institutions, and investors. The first next-generation blockchain in the world, Lumia offers a complete solution for real world assets (RWAs) at every stage of their life cycle, including asset tokenization, liquidity aggregation, and access to millions of DeFi and Web3 traders. With deep liquidity, unparalleled capital efficiency, and crucial infrastructure for the future of RWAs, Lumia, the only full cycle RWA chain in the sector, bridges the gap between digital finance and physical assets by facilitating easy on-chain access to tokenized assets.
 
7,728 ETH ($20M) added to circulation in past week. Network activity drops 3%, with 43% decrease in fees. Price targets: potential drop to $2,264, or rally to $3,336 if demand increases. Ethereum’s circulating supply has reached a significant milestone, hitting a six-month high of 120.39 million ETH following the addition of 7,728 tokens worth over $20 million. This substantial increase in available tokens raises questions about potential price implications, particularly if market demand fails to match the growing supply. The surge in circulating supply coincides with a notable decline in network activity on Ethereum’s Layer 1 blockchain. Data from Artemis reveals a 3% drop in daily unique on-chain interactions over the past week, accompanied by a dramatic 43% reduction in network fees. This decrease in transaction volume and fee revenue suggests waning network usage, potentially impacting ETH’s market value. Where’s Ethereum headed next? Network activity serves as a crucial indicator of Ethereum’s ecosystem health and demand for the native token. The recent decline in daily transactions signals reduced platform engagement, which could exert downward pressure on ETH’s price. Source: Artemis This relationship between network usage and price action has become evident in recent days, with ETH experiencing a 3% decline despite broader market influences. Currently trading at $2,619, Ethereum hovers precariously above critical support at $2,579. The combination of increased supply and decreased network activity creates a challenging environment for bulls attempting to maintain this support level. Should current trends persist, ETH could potentially retrace towards the next major support at $2,264. However, the situation isn’t without potential upside. A revival in network activity could stimulate renewed demand for ETH, potentially catalyzing a price recovery. Under such circumstances, Ethereum could target the $3,336 level, representing a significant recovery from current valuations.
 
Is Solana crypto ripe for a possible huge price rally? Some market analysts believe it does, seeing that the crypto is moving in a favorable pattern. Investors and traders are now paying attention to Solana after an impressive comeback, allowing the digital currency to once again hit a two-month high. Solana Set For A Historic Price Rally Several analysts predicted that Solana could gear up for an exponential price rally after the crypto successfully rebounded from a slump in August. According to their computation, the cryptocurrency’s price could skyrocket by over 2,500%, saying that from its current price of slightly over $170, Solana is on track to reach the $4,500 level. It is a huge growth that excites crypto traders and enthusiasts alike. The forecast was made after Solana clawed its way back to the $171 mark in the last 11 weeks, the highest it has attained since August 1. Traders argued that the digital currency’s impressive recovery indicated that its price could go up further, saying that it is gaining momentum, and a 25-fold price hike is possible. Although some market observers agree that Solona’s price is moving on an upward trajectory, they are a bit pessimistic about the 2,500% surge, offering a much more conservative estimate for the hike. According to CoinGecko, a price increase of $450 from the current $171 is more reasonable than massive growth being floated by other analysts. A Whale Took Advantage Of The Peak Lookonchain reported that a whale took advantage of when Solana hit a high of $164 and sold a huge chunk of crypto. According to the smart money tracker, the prominent whale traded $3.86 million worth of digital currency or the equivalent of 22,726 SOL — a move considered to be typical of a whale who usually buys when the market is down and sells when the price hits its peak. At press time, this whale still owns about 20,000 SOL or equivalent to $3.33 million. The whale’s total profit is estimated at over $2.5 million. Another Bright Spot Meanwhile, another crypto firm has adopted Solana in its platform, a positive development for the SOL coin. Robinhood Crypto announced yesterday that it has enabled Solana in its platform, allowing users of the platform in the European Union to transfer the said digital currency. The platform joined the list of many firms that support the use of Solana crypto. To entice its users to transfer their SOL currency, Robinhood Crypto offered its users a 1% deposit bonus on the app. Solana becomes an addition to Robinhood Crypto product offerings which now include buying and trading over 35 cryptocurrencies in the app. Also, its users can bankroll their Solana crypto within the platform and get a 5.23% annual yield. Featured image from Pexels, chart from TradingView
 
It’s not often that crypto presales steal the spotlight from major networks like Polkadot and Litecoin, but BlockDAG has done just that. The presale heavyweight smashed through the $100 million mark across 24 batches, grabbing all the attention. As Polkadot’s price prediction points to a potential breakout and Litecoin’s ETF inches closer to approval, BlockDAG is making waves with its record-breaking presale performance. traders looking for the next crypto to explode are flocking to BlockDAG, impressed by its strong community support and future-ready network. BlockDAG’s ability to surpass these industry giants shows its potential to become a leading force in the market. Polkadot (DOT) has shown notable growth recently, with a 10.9% increase over the last week. Its price jumped from $4.32 to $4.53 before pulling back slightly. DOT also saw a major rise in market activity, with its daily trading volume hitting $259.3 million, a 56% surge. Analysts are closely watching this movement as Polkadot broke out of its falling wedge pattern, signaling the potential for a strong upward trend. Some experts believe Polkadot could follow a similar pattern to Fantom, suggesting a price target of $9.7 by Q4. Other predictions are even more optimistic, with some forecasting a rise to $20 by early 2025 if the current momentum continues. Polkadot’s future could hold big gains for investors. Litecoin ETF: Boosting Market Interest Litecoin (LTC) has been making headlines with the recent filing of an S-1 application by Canary Capital to launch a Litecoin ETF. This ETF, if approved, will provide easier access to LTC for institutional and retail investors, potentially driving more liquidity into the market. Following this news, Litecoin’s price surged nearly 15%, hitting a high of $73.01 before settling around $70.95. This move has sparked renewed interest in Litecoin’s market potential. On the technical side, Litecoin is holding above key levels, with short-term and long-term EMAs suggesting further upward movement. Resistance is currently seen at $77, and a break above this level could push the price to $85 or even $115. If the bullish trend continues, Litecoin could reach $153, making it a strong contender for future gains. $100M Raised – BlockDAG Clinches the Impossible BlockDAG has pulled off what many thought was impossible, smashing past the $100 million milestone in record time during its presale. This makes BlockDAG one of the most successful crypto presales of the decade, surpassing even the wildest expectations. Traders are flocking to the project, drawn by its unique technology and potential for massive returns. The excitement around BlockDAG began with the launch of its testnet on September 20, 2024. The testnet allows users to interact with the blockchain’s explorer, mint BDAG coins, and test smart contracts. The network’s high scalability and power have already led experts to predict it could outperform established networks like Kaspa and Solana. This momentum has only fueled the presale’s rapid success. Early backers have already seen a 1960% return on their outlays, and with the presale still in its 24th batch, the potential ROI could reach 4900%. Analysts are calling BlockDAG the next crypto to explode, and with predictions of BDAG reaching $30 by 2030, it’s no wonder the presale is racing toward a $600 million goal. For traders looking for the next big opportunity in crypto, BlockDAG stands out. The network’s success so far has been impressive, and with each milestone, it’s becoming clear that BlockDAG is set to redefine the future of blockchain. Key Insights While Polkadot and Litecoin remain strong assets, their volatility continues to affect inflows, as seen with the Polkadot Price Prediction and potential delays around the Litecoin ETF. Meanwhile, BlockDAG is proving to be the crypto to explode with unmatched momentum. Surpassing $100 million in record time, BlockDAG has become the most successful presale of the decade. Early backers have already seen a 1960% return, with experts predicting even higher gains as the presale progresses. With 45 batches in total, BlockDAG offers traders a unique opportunity to secure substantial returns in the evolving crypto market. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
 
Top restaking protocol on the Solana network, Solayer, has announced BGSOL, a liquid restaking token (LRT), which was developed through a strategic collaboration between Bitget Exchange and Solayer Labs. Designed to redefine how exchanges leverage liquid staking, BGSOL offers a new approach to staking on Solana by combining user rewards with direct support for Bitget’s suite of services. Exchange-Backed LRTs BGSOL represents a big step forward in the evolution of liquid staking, which has already established itself as a pillar in DeFi infrastructure on Solana. BGSOL differs from other liquid staking tokens due to its innovative synergy with Bitget’s platform, offering a model that benefits both individual users and the exchange itself. As users convert their SOL to BGSOL, they not only earn staking rewards but also contribute to Bitget’s operations through automatic delegation to its Autonomous Validation System (AVS). The collaboration between Bitget and Solayer ensures that the staked assets are directly integrated into Bitget’s transaction services, resulting in faster transactions and improved security across its on-chain products. By automating this process, BGSOL creates a streamlined solution that enhances the efficiency of Bitget’s ecosystem while maintaining the flexibility that users expect from liquid staking. This launch follows the previous success of BNSOL and bbSOL, two other liquid restaking tokens introduced earlier by Binance and Bybit in partnership with Solayer. These tokens have already demonstrated the value of exchange-backed LRTs, allowing users to earn rewards while benefiting from faster transaction speeds on Solana. With this latest development, Bitget continues to push the boundaries of what LRTs can achieve. Blueprint for Future Growth One of BGSOL’s standout features is the seamless access and ease of redemption it offers to users. By converting SOL to BGSOL on Bitget, users instantly begin to accrue staking rewards, all while keeping their assets liquid. This flexibility is key to BGSOL’s appeal, as users can participate in DeFi activities without being tied down by lock-up periods. The fast and simple process of converting BGSOL back to SOL also ensures that users can manage their liquidity with minimal hassle. Beyond its user-friendly interface, BGSOL introduces a synergistic LRT model that sets a new standard for the integration of staking tokens into broader DeFi ecosystems. The automatic delegation of staked assets not only supports Bitget’s operations but also enhances the overall security and performance of Solana’s network. This integrated approach presents a blueprint for other exchanges looking to build similarly innovative and mutually beneficial liquid staking models.
 
Money moves quickly in the crypto world, and enthusiasts often chase the latest trends, hoping to maximize returns. Avalanche’s recent upgrade aims to simplify blockchain creation, attracting institutions to its ecosystem. On the flip side, Stacks (STX) also draws attention with its bullish trend as it eyes a potential breakout. Despite these developments, the spotlight shifts toward a project that’s moving faster than anyone anticipated — BlockDAG (BDAG). The project’s presale has crossed the $100 million milestone, outpacing some of the top-tier networks in the market. Its strong fundamentals, high-tech ecosystem, and the upcoming completion of its Mainnet are driving crypto fans’ interest. Avalanche Upgrade Aims to Simplify Blockchain Creation Avalanche’s 9000 upgrade aims to attract traditional finance by making blockchain creation simpler and cheaper. The update removes the need for validators to stake 2,000 AVAX ($55,800) and introduces dynamic fees to prevent network congestion. This upgrade promises easier deployment of private blockchains, hoping to capture a slice of the $2.98 billion RWA token market, which Ethereum currently leads. However, Avalanche has struggled to gain significant RWA adoption, with only $30 million locked in tokens, trailing far behind competitors. Some experts argue that the upgrade may come too late to disrupt Ethereum’s dominance. Stacks (STX) Price Faces Volatility Stacks (STX) shows promising signs of another bullish rally as it aligns with its usual breakout pattern, gaining attention from traders. After successfully retesting a key support level, STX seems primed for continued price growth. Market watchers expect a sustained uptrend if the coin maintains current stability, placing it on many traders’ radars. Despite the positive outlook, STX’s volatility remains a concern, with sharp downside wicks reflecting market uncertainty. Additionally, its timeline for breakouts has been slower than expected, frustrating some investors hoping for quicker gains. BlockDAG Smashes $100M Record: Analysts Make Big Predictions! BlockDAG has shaken the crypto world by hitting an incredible $100 million presale milestone and outpacing even tier-one networks in the market. This record-breaking pace reflects growing interest in its cutting-edge ecosystem, which boasts advanced features and superior scalability. Moreover, its upcoming Mainnet development completion has heightened the BDAG demand, positioning BlockDAG among the best cryptos to buy now. The overwhelming interest from developers and crypto traders has fueled BlockDAG’s rapid presale surge in just a few months. With demand skyrocketing, over 14.3 billion BDAG coins have been sold across 24 presale batches, driving the price higher with each batch turnover. The BDAG coins price has jumped from $0.001 in the initial batch to $0.0206 in the current batch, delivering a remarkable 1960% gain for early holders. As each batch sells out swiftly, BlockDAG has attracted over 140,000 unique holders, expanding its presence worldwide. This rapid growth not only amplifies market confidence but also reinforces BlockDAG’s aim to make blockchain accessible to everyone, driving further demand across global markets. With the Mainnet development completion just around the corner, BlockDAG’s momentum shows no signs of slowing. Experts forecast BDAG could reach $20 by 2027, offering early backers up to 20,000x ROI. The current presale batch is on the verge of selling out, which means the next batch will lead to a price increase. So, acting now offers a unique chance to secure BDAG coins at lower prices before the next surge, positioning early participants for significant gains as demand intensifies. Next Big Crypto Avalanche upgrade introduces its biggest change yet, aiming to attract institutional interest, though its RWA adoption still lags behind Ethereum. Meanwhile, Stacks (STX) shows bullish potential, with its breakout pattern returning, but volatility concerns persist. Yet, BlockDAG has surged ahead, achieving the mega $100 million presale milestone, outpacing even tier 1 networks. With BDAG’s price rising in each batch, early holders are already seeing gains, and experts predict a potential 20,000x ROI by 2027. As the current batch nears sell-out, BDAG’s value is poised for another jump, making this presale an enticing entry point for anyone seeking the next big crypto opportunity. Join BlockDAG – Act Now Before Prices Increase: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
 
A crypto analyst has projected a significant break to the upside for Bitcoin, drawing parallels to similar breakouts in traditional assets in the tune of the Gold and the S&P500. According to a technical analysis of the current price action, Bitcoin is playing out a cup and handle pattern, which could send it surging to bullish price targets above $230,000. Bitcoin Cup And Handle Cascade According to a technical analysis, Bitcoin appears to be forming a textbook cup and handle pattern on the largest timeframe, which is a bullish continuation pattern that often leads to a major price rally. This formation typically indicates a period of consolidation followed by a breakout to the upside, and if the pattern fully plays out, Bitcoin could surge to new heights. In a recent analysis shared on the social media platform X, technical analyst Gert van Lagen compared Bitcoin’s ongoing cup and handle formation to similar patterns observed in Gold and the S&P 500. Van Lagen pointed out that Gold experienced a comparable setup of the formation of the cup and handle, which ultimately led to a full-scale bull rally in 2023. This breakout pushed Gold to new highs which has continued up until the time of writing, with Gold now trading above $2,730 in its history. Similarly, the analyst highlighted a similar cup and handle pattern in the SP500, which eventually led to a rally that kickstarted in late 2023 and culminated in new peaks for the index. Van Lagen emphasized that Bitcoin has been tracing out a similar pattern since the 2022 bear market. The “cup” portion of the formation was completed when Bitcoin reached its all-time high back in March. Now, Bitcoin is in the process of forming the “handle” part of the pattern, as the cryptocurrency has yet to revisit its all-time high over the past seven months. Should the handle formation conclude and a breakout occur, Bitcoin could be on the verge of a strong rally, much like Gold and the S&P 500 experienced during their respective runs. BTC To $230,000 According to van Lagen, Bitcoin is “poised to follow the structural path of SP500 & Gold.” In terms of a price target, he predicted a target of $230,000 for Bitcoin. At the time of writing, Bitcoin is trading at $67,350. Reaching the $230,000 price level would necessitate a 197% price increase from the current price. Interestingly, van Lagen’s forecast is just one of several bullish outlooks resurfacing as Bitcoin’s price has shown positive momentum since the second week of October. Bitcoin is up by about 13.5% from $59,500 on October 10, which has prompted a return of bullish sentiment. According to a report, this has caused a rise in Bitcoin accumulation by long-term holders, who now hold about 2.9 million BTC. Another analyst noted that Bitcoin is on track to double in value and reach $130,000 by January 2025
 
Los Angeles, USA, October 22nd, 2024, Chainwire Decentraland, the first decentralized virtual social world, launched a powerful new desktop client today, signaling a new era for experiencing spatial environments. This beta release enhances performance, delivers a more immersive environment, and introduces new engaging features, setting the stage for future innovations and expanded creator tools. This milestone marks the shift away from a browser-based experience, replaced by a more stable, Unity-powered desktop client and the new Creator Hub, aligning with Decentraland’s vision for an interconnected metaverse. Key Features of the New Desktop Client Performance Boosts & Smoother Gameplay- The new desktop client brings a highly anticipated performance upgrade. Users will enjoy faster load times, higher frame rates, and smoother multiplayer interactions, even in high-traffic areas. Immersive Environments- The new client brings Decentraland’s world to life like never before, introducing dynamic lighting with binary suns and moons, new beaches and ocean views, and procedurally generated environments, including dynamic trees, foliage, water, and sound effects. The landscape now loads up to 80 parcels away, offering users a more expansive and visually rich experience “from horizon to horizon.” New Engagement Mechanics- A long incubated component of Decentraland is launching as part of the beta release, Daily Quests and mini-games, with more to be added in the near future. Daily Quests will increase active participation, engaging users to explore Decentraland and complete various tasks in exchange for rewards, such as Wearables and Emotes. The beta release also includes an all-new Badges system that motivates users to action by tracking and showcasing their achievements on the platform. Simplified User Controls- Decentraland now offers expanded player profiles and a redesigned backpack where users can customize their avatars in a more intuitive manner. Navigation has also been streamlined with a quick-access bar for profile, map, and backpack features. Enhanced Avatars & Social Interactions- Avatars in Decentraland have been significantly upgraded, offering smoother movement, improved rendering, and natural interaction with the environment. New chat bubbles, name color differentiation, and emoji integration make communication more interactive and engaging. A Future-Ready Platform With this release, Decentraland is laying the groundwork for its next chapter, as the new desktop client and code base offer the capabilities needed to expand into VR and mobile experiences.The new desktop client serves as the cornerstone for this evolution, ensuring that Decentraland remains a top-tier platform for immersive, decentralized virtual experiences. New Desktop Client: Access and Details The future of Decentraland and virtual social worlds starts now. Experience a revitalized, interactive digital environment by downloading the new desktop client available on Mac and Windows. For more information and to download the new client, users can visit Decentraland. About Decentraland Decentraland is the first decentralized, community-driven virtual social world. It empowers users to create, explore, and connect within an open, immersive digital landscape where they fully own their digital assets. Whether hosting virtual events or designing their digital identity, individuals can shape a world that prioritizes self-expression and freedom—free from the constraints of corporate control. Governed by its community through a decentralized autonomous organization (DAO) and supported by a non-profit Foundation, Decentraland operates as an open-source, traversable world that encourages creativity, ownership, and innovation. By fostering collaboration and community, Decentraland is shaping the future of digital interaction, where individuals can truly own and build their digital lives. Contact Jo Hunt [email protected]
 
Presale heavyweight BlockDAG has made a bold statement, racing past the $100 million mark in just 24 batches of its highly successful presale. With its booming testnet rollout, BlockDAG has overtaken headlines about Toncoin Price and Uniswap trading volume, becoming the best performing crypto of the week. The testnet, praised for its efficiency and top-tier security, has sparked talk of BlockDAG as a future rival to Kaspa and Solana. Early buyers are already seeing massive returns of 1960%, and with the project still in its presale phase, the excitement continues to grow. BlockDAG’s impressive momentum is drawing in buyers from all corners of the market, setting it up for a strong Tier 1 future. Toncoin Price Holds Critical Support Levels Toncoin (TON) is currently trading around $5.21, testing a crucial support level at $4.997. If the Toncoin Price manages to hold this support, it could rebound toward the $5.981 resistance level. However, if it drops below $4.997, it may dip further to $4.460, keeping buyers on their toes. This price movement is drawing attention from traders, who are watching for signs of a breakout. Key resistance levels to watch for TON are $5.981 and $6.903, with a potential rally that could push the coin toward its previous high of $7.642. Toncoin’s future depends not only on technical factors but also on its growing role in decentralized applications, making this a critical moment for the coin. Uniswap Trading Volume Surges as Activity Peaks Uniswap trading volume has seen a significant boost, with over a 9% increase in the past 24 hours alone. The decentralized exchange has led the charge in the DeFi space, registering more than $10 billion in trading volume over the past week. This spike in activity helped Uniswap reach a total value locked (TVL) of $4.9 billion, a clear sign of rising interest in the platform. In addition to the surge in Uniswap trading volume, the platform has benefited from the launch of its Layer 2 (L2) solution, which aims to improve scalability and lower transaction fees. The L2 solution is expected to attract even more liquidity and trading volume as users take advantage of these benefits, further boosting Uniswap’s dominance in the DEX market. BlockDAG Presale Scripts History: Raises $100M BlockDAG has done the unthinkable by surpassing $100 million in record time during its presale. This milestone, achieved after 24 successful batches, has solidified BlockDAG as the most successful presale of the decade. buyers are rushing in, drawn by the network’s future-ready infrastructure and the massive returns already being seen. Early backers have earned an impressive 1960% ROI, positioning BlockDAG as one of the best performing crypto projects in recent history. The launch of BlockDAG’s testnet on September 20, 2024, has only fueled the hype. Users are now able to interact with the blockchain through its Explorer, test smart contracts, and even mint BDAG coins using MetaMask Wallet. These features have been met with glowing reviews, with many predicting that BlockDAG could surpass even Kaspa and Solana in terms of scalability and security. What makes BlockDAG stand out is the sheer scale of its potential. With 45 presale batches in total, buyers could see returns as high as 4900%. Current projections estimate that BDAG could reach $30 by 2030, making it a hot target for both retail buyers and institutional whales. The network’s technological advancements and rapid presale growth have positioned it as a standout in the crypto market. With BlockDAG continuing to gather momentum and race toward its $600 million presale goal, it’s clear that this network is not only a top contender but also the best performing crypto to watch in the coming years. Key Takeaways While Toncoin and Uniswap remain solid assets, volatility in both networks has slowed inflows. Toncoin Price is testing key support levels, while Uniswap trading volume shows signs of growth but remains unpredictable. In contrast, BlockDAG has pulled off the impossible, surging past $100 million in record time during its presale, making it the most successful presale of the decade. With early buyers seeing returns up to 1960%, and projections of BDAG reaching $30 by 2030, BlockDAG is quickly establishing itself as the best-performing crypto, offering substantial returns for buyers looking for the next big opportunity. 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 recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
 
For those looking to earn passive income from the cryptocurrency market, WEEX offers compelling opportunities through its WEEX Affiliate Program and WEEX Copy Trading Pro feature. Whether you’re an experienced trader or someone who prefers a more hands-off approach, these tools allow you to generate additional income streams without needing to engage in active trading all the time. WEEX Affiliate Program: Earn Up to 90% in Commissions One of the standout ways to earn passive income on WEEX is through its generous WEEX Affiliate Program. WEEX offers up to 90% commissions on the trading fees of your referrals, making it one of the most rewarding programs in the crypto industry. This means that every time someone you refer trades on the platform, you earn a portion of their trading fees—without lifting a finger. This is a fantastic opportunity for individuals with a large network or social media following. By sharing your referral link, you can generate income passively as others trade pairs like DOGS/USDT, HMSTR/USDT, WXT/USDT, and BTC/USDT. The more your referrals trade, the more you earn. Whether your network consists of professional traders or beginners, the program is simple to set up and manage through WEEX’s referral dashboard. WEEX Copy Trading Pro: Let the Experts Trade for You For those who want to earn from crypto trading but lack the time or expertise, WEEX offers WEEX Copy Trading Pro. This feature allows users to automatically copy the strategies of top traders, making it easier for beginners or passive investors to earn income without actively managing trades. Here’s how it works: You select a professional trader based on their performance metrics, including their risk level, trade frequency, and profitability. Once you start copying their trades, WEEX automatically executes the same trades on your behalf. You can adjust the amount you want to invest or stop copying at any time, giving you full control over your passive income strategy. Security for Passive Investors One concern for any passive investor is the security of the platform. WEEX addresses this with advanced security features, including two-factor authentication (2FA), cold storage for user funds, and an AI-powered risk control system. Additionally, WEEX complies with regulatory requirements from bodies like the US MSB and Canadian MSB, ensuring a secure environment for all users. Moreover, WEEX has established a protection fund backed by 1,000 BTC, safeguarding user assets in case of security breaches. This peace of mind is essential for passive investors who rely on the platform for long-term income generation. Affiliate Program vs Copy Trading: Which Is Right for You? WEEX offers two fantastic ways to generate passive income: the Referral Program and Copy Trading Pro. While both options provide a path to earning without actively trading yourself, they are designed for different types of users. In this guide, we’ll explore each option in detail to help you decide which one—or both—fits your financial goals and lifestyle. WEEX Affiliate Program: Leverage Your Network for Commissions The WEEX Affiliate Program is an excellent opportunity for those who have a strong network of friends, colleagues, or social media followers interested in trading. By promoting WEEX, you can earn a percentage of the trading fees from everyone you refer, with commission rates as high as 90%. Here’s how it works: Easy to Start: Once you sign up for the Affiliate Program, WEEX provides you with a unique referral link that you can share through any platform—whether it’s social media, your blog, or even through personal conversations. Ongoing Income: The beauty of the affiliate system is that it doesn’t require constant attention. After your referrals sign up and start trading, you continue to earn a percentage of their trading fees. This means that a one-time effort in promoting the platform can result in a continuous stream of income as long as your referrals keep trading. No Trading Experience Needed: Even if you’re not an expert trader, the Affiliate Program allows you to earn from the activity of others. All you need is the ability to promote the platform effectively. Scalable: The more referrals you bring in, the more you earn. This makes the Affiliate Program highly scalable for those with access to larger networks, whether through word of mouth or a social media presence. Who It’s Best For: Social media influencers: If you have a substantial following, you can quickly spread the word about WEEX and bring in multiple referrals. Networkers: Those with strong personal or professional connections can leverage their relationships to introduce others to the platform. Busy individuals: If you don’t have time to actively manage investments but have a network of potential traders, this is a low-effort way to generate ongoing income. WEEX Copy Trading Pro: Hands-Off Portfolio Growth For those who prefer to grow their wealth with minimal involvement, WEEX Copy Trading Pro is an ideal solution. This feature allows you to replicate the trades of professional traders, letting them handle the complexities of market analysis while you benefit from their expertise. Here’s how Copy Trading Pro works: Select a Professional Trader: WEEX offers a curated list of top-performing traders. You can review their performance metrics, including win rates, trading style, and risk levels, to find a trader that suits your investment goals. Automatic Trade Replication: Once you’ve chosen a trader to copy, WEEX will automatically mirror their trades in your account. This means that every buy or sell decision they make is reflected in your portfolio in real-time. No Need for Market Monitoring: If you don’t have the time or knowledge to monitor the markets and make informed trading decisions, Copy Trading Pro takes the guesswork out of the equation. The professional trader you copy handles everything from market analysis to risk management. Customizable Risk: You can choose how much of your capital you want to allocate to a particular trader, allowing you to manage your exposure based on your risk tolerance. Who It’s Best For: Passive investors: If you want to grow your portfolio without constantly monitoring the market, Copy Trading Pro lets you sit back and let the pros do the work. Beginners: New traders who aren’t yet confident in their ability to navigate the markets can benefit from copying the strategies of more experienced traders. Busy professionals: If you’re working a full-time job or managing other commitments, Copy Trading Pro allows you to invest without dedicating time to research and trading. Maximizing Your Earnings: Why Not Both? One of the most attractive aspects of WEEX is that you don’t have to choose between the WEEX Affiliate Program and WEEX Copy Trading Pro. You can use both strategies simultaneously to create multiple income streams. Here’s how you can combine them: Earn from Referrals While Copy Trading: As you refer others to WEEX, they’ll start generating commissions for you when they trade. At the same time, you can grow your own investments by participating in WEEX Copy Trading Pro, ensuring that your portfolio grows even while you focus on referrals. Leverage the Platform’s Success: By promoting WEEX to a broader audience, you’re not only earning from their trades but also building a community of traders who could potentially benefit from WEEX Copy Trading Pro themselves. If your referrals also use Copy Trading, they’re more likely to continue trading successfully, which in turn increases your commission earnings. Diversify Your Passive Income: Combining both the WEEX Affiliate Program and WEEX Copy Trading Pro is a great way to diversify your income streams. You’re not only dependent on the performance of the traders you copy but also earning a consistent commission from your referral network. This strategy provides more stability in your passive income efforts. Key Considerations Before Choosing Effort and Involvement: If you prefer a more hands-off approach and are comfortable relying on experts, Copy Trading Pro is the right choice for you. However, if you enjoy engaging with others and can actively promote WEEX, the Referral Program offers a potentially higher earning potential. Risk Tolerance: Copy Trading comes with some degree of risk, as your earnings depend on the performance of the traders you follow. On the other hand, the Referral Program carries no financial risk since your income is based on other people’s trades, not your own capital. Growth Potential: With the Referral Program, the more people you bring to the platform, the more you earn. Copy Trading, on the other hand, allows you to grow your portfolio based on the success of the trader you copy. If you want rapid growth, combining both programs can offer the best of both worlds. Conclusion: Generate Passive Income with WEEX For those focused on earning passive income in the crypto world, WEEX offers an unmatched combination of features. The referral program provides up to 90% commissions, while Copy Trading Pro allows you to replicate the strategies of successful traders with ease. Both features, combined with zero-fee trading on select pairs and top-tier security, make WEEX an excellent platform for building multiple streams of passive income. Ready to start earning without the need for active trading? Join WEEX today and explore these passive income opportunities Find us on: Twitter | Telegram | Facebook|LinkedIn|Blog Sign up for a WEEX account now: https://www.weex.com/register
 
Sina—a professor, consultant, and co-founder & COO of 21stCapital.com—is projecting that the Bitcoin price could rise as high as $285,000 by the end of 2025 in a new analysis shared on X. Utilizing a quantile regression model, Sina identifies distinct phases in Bitcoin’s market cycle. Can Bitcoin Price Skyrocket Above $200,000? The model identifies the Cold Zone (<33%) as the price range between $55,000 and $85,000. This zone represents the lowest possible range by the end of 2025 and suggests a period ideal to “aggressively accumulate.” The Warm Zone (33-66%), spanning from $85,000 to $136,000, marks a period where the market gains momentum, and mainstream attention intensifies. During this phase, rapid price growth is expected as the “train leaves the station.” Sina recommends a standard accumulation strategy here, such as dollar-cost averaging (DCA), to steadily increase holdings. The most critical phase, the Hot Zone (>66%), ranges from $136,000 to $285,000. This zone is characterized by heightened volatility and significant price swings as mass adoption peaks and leveraged positions become prevalent. While there is substantial room for upside, the risk of reversals escalates rapidly. Sina advises investors to either hold and enjoy potential gains or consider gradually exiting positions based on risk assessments, particularly since historical tops occur in the 90th to 99th quantile range. Notably, the 90th quantile starts at $211,000. What astonishes Sina is how these 33% quantile ranges align seamlessly with Bitcoin’s historical phase transitions. He notes that Bitcoin tends to spend exactly one-third of its time in each zone before transitioning to the next, almost like clockwork. This pattern means that most of the bear market occurs below the 33% quantile, while bull market euphoria begins above the 66% quantile. Renowned crypto analyst PlanC (@TheRealPlanC) acknowledged Sina’s model, commenting that it is a “perfect explanation—super clear.” Sina, in turn, credited PlanC for the foundational work that influenced his own model. PlanC has also recently updated his “Power Law Probability Model,” which forecasts Bitcoin prices ranging from $189,733 to $245,264 for the 97% to 99.9% quantile and $145,182 to $189,733 for the 90% to 97% quantile. He emphasizes that despite appearances, the underlying data follows a power-law relationship, independent of how it’s plotted—be it linear, log-linear, or log-log scales. “The data follows a log-log relationship with quantile regressions, whereas the rainbow chart uses logarithmic regression with a log-linear relationship. […] I am not ‘drawing’ these lines. These are quantile regressions of the log of price vs. time, based on all the data we have to date,” he explains. To contextualize the model’s predictive capabilities, PlanC elaborates on the significance of various quantiles. The 99.9% quantile means the price has been above this line only 0.1% of the time, equating to just one day out of every 1,000 days—a very rare event. The 99% quantile indicates the price has exceeded this line 1% of the time, or one day out of every 100 days, also considered rare. Conversely, the 0.1% quantile reflects that the price has fallen below this line only 0.1% of the time. At press time, BTC traded at $67,121.
 
The Stacks Foundation announced today that Asymmetric Research, a top security company, has joined the Stacks ecosystem as a security contributor to Bitcoin’s premier L2. By joining the Stacks signer network via our delegation program and serving as an embedded security team throughout their assessment of the future sBTC asset, the team is already significantly impacting the ecosystem. Asymmetric has shown success in securing some of the most well-known protocols in the market. Leading bridge Wormhole, Jump Crypto, a number of high-profile DeFi projects, and prominent protocols including Solana, Cosmos, Berachain, and others all have it as a security partner. Asymmetric is also a key component of Firedancer, Solana’s much awaited new validator client. In order to provide a smooth and safe transfer of Bitcoin to the Bitcoin L2 ecosystem, signers are essential to the Stacks network. They safeguard the deposit and withdrawal process between Bitcoin and sBTC. The Stacks Signer network will be the most resilient in the Bitcoin ecosystem as Asymmetric joins other industry leaders BitGo, Blockdaemon, Copper, Figment, Kiln, Luganodes, Chorus One, and more than 30 other institutional node operators in supporting the network and general security of sBTC. With the anticipated introduction of sBTC in Q4 of this year, developers will have access to a decentralized, programmable, trust-minimized Bitcoin asset. Developers will be able to take use of the security, network effects, and 1.2T in latent capital of the Bitcoin network thanks to this asset, which is 1:1 backed by Bitcoin. Among other applications, sBTC will make it possible for more secure Bitcoin DeFi forms, which is anticipated to play a significant role in igniting the Bitcoin economy. Layers of security are essential for every project, and Asymmetric Research is a significant contribution to Stacks’ security program as a whole. In addition to sBTC’s design to include 100% Bitcoin finality, which secures sBTC at the consensus level of a $2.5 billion network, this program currently incorporates sBTC’s decentralized network of validators/signers, eliminating the need to entrust a single organization and reducing counterparty risk. A well-rounded approach to Stacks security has been enhanced by several activities this year in addition to the many audits, such as the audits conducted by Asymmetric Research. A dedicated whitehat security program, a consultation agreement with the Staking Defense League, an ongoing Immunefi bug bounty program, direct and continuous testing with the aforementioned top Signers, Hypernative’s onboarding, and Stacks Foundation Residents who are solely focused on fuzz and penetration testing through 2024 are all examples of this. Mitchell Cuevas, Executive Director at The Stacks Foundation said: Jonathan Claudius, Chief Executive Officer at Asymmetric Research added: Join us in welcoming the Asymmetric Research team to the Stacks Ecosystem, and stay tuned for further details on how you may participate in the work in the next weeks.
 
Shiba Inu nearing golden cross, historically linked to potential rallies. Trading volume declines and reduced whale activity signal caution in demand. Shiba Inu (SHIB), the second-largest meme-inspired cryptocurrency, is currently trading at $0.00001822, reflecting a 2.6% decline over the past 24 hours. However, despite this short-term dip, SHIB has experienced a remarkable 25% increase over the past month, showcasing its potential for volatility and growth. Recent analysis indicates that SHIB is nearing its first golden cross since December 2023, with the 50-day and 200-day moving averages converging on the daily chart. This technical indicator has historically preceded significant price movements. For instance, following a similar convergence in early 2023, SHIB saw an impressive 48% surge in the subsequent two weeks. In the following weeks, the price rebounded, climbing nearly 20%. The formation of this golden cross, while not a guaranteed harbinger of price increases, has often signaled bullish trends for SHIB. Meanwhile, current trading dynamics show a reduction in whale activity, which may indicate decreased demand. Although SHIB has maintained a bullish outlook, its trading volume has dipped by 6.15%, hinting at potential challenges ahead. The psychological resistance level at $0.00002 remains a significant barrier for bulls, having held firm since June. SHIB Bulls Can Give a Comeback? Market indicators such as the Relative Strength Index (RSI) suggest bullish sentiment, while the On-Balance Volume (OBV) presents a less optimistic view, reflecting stagnant demand in October. Investors are closely monitoring the 90-day Shiba Inu Market Value to Realised Value (MVRV) ratio, which, although trending upward, raises concerns over profit-taking. SHIB Price Chart, Source: Sanbase The upcoming weeks could be crucial for SHIB as it navigates through these volatile conditions. Analysts suggest that the $0.0197-$0.0202 range could be pivotal, potentially leading to a short squeeze if breakout momentum can be sustained. Ultimately, while the outlook remains cautiously optimistic, the market’s inherent volatility calls for careful observation as SHIB approaches this critical juncture. Highlighted News Of The Day WazirX Founder Nischal Slams CoinSwitch Allegations as Baseless
 
London, United Kingdom, October 22nd, 2024, Chainwire Aventus, a leading provider of enterprise blockchain solutions and parachain on Polkadot, today confirms the launch of Aventus 2.0, an evolution of the Aventus Network aimed at establishing a stronger foundation for long-term growth and value capture. The update introduces several strategic initiatives designed to enhance network performance and stakeholder utility, including increasing transaction volume and overall network usage, expanding the ecosystem through successful partnerships with Layer 3 appchains, enhancing token holder engagement via a liquidity mining program, and reducing token supply via a burn mechanism. The vision for Aventus 2.0 was developed by MVP Workshop, a Blockchain Product Research & Development Studio who designed Polygon Edge and Astar Network, in collaboration with Scytale Digital and the Aventus Services team. Following the approval of a community governance proposal in which AVT token holders voted in favour of executing this vision, the Aventus Services team will implement the Aventus 2.0 plan over the next four months. This process underscores Aventus’s commitment to stakeholder-driven decision-making, ensuring that major network decisions are made through community consensus. Aventus 2.0 comprises three main components: A Layer 3 appchain model, whereby enterprises are able to operate on the Aventus Network and benefit from the security, scalability, interoperability and decentralised infrastructure offered by the Aventus ecosystem. A liquidity mining program on Uniswap, including a custom user-friendly dApp, to enhance token holder engagement. Appchains are also able to request grants from Aventus community treasury and launch their own liquidity mining programs to drive liquidity for their own tokens, contributing a portion of their token supply and network fees to the Aventus treasury to support the broader Aventus ecosystem and its development. A new collator rewards mechanism to ensure a secure and efficient Aventus Network, alongside an automatic burn mechanism for a portion of gas fees to reduce the overall supply of AVT tokens in circulation. The appchain model is already seeing traction, with existing users of the Aventus Network having recently launched their own Aventus Layer 3 appchains. The updated network will provide enhanced functionality and improved user experiences, positioning the Aventus Network as a trusted leader in enterprise blockchain solutions and key contributor to enterprise use cases within the Polkadot ecosystem. About Aventus Aventus transforms how customers create trust and unlock growth, crafting pioneering Web3 solutions for brands, from creating more connected, integrated experiences to enhancing traceability, transparency, and product authentication. Founded in 2020, Aventus is the only trusted digital product extension platform that provides a secure and reliable Web3 environment for customers to launch market-leading programs and product activations. With deep industry expertise and a strong understanding of enterprise needs, Aventus delivers one the best feature sets of Web3 with the familiarity of Web2, driving significant brand reputation, trust, and enterprise growth for its customers. Its production-ready, end-to-end Blockchain-as-a-Service software is modular, scalable, and interoperable, giving clients the flexibility they need to respond to rapidly-evolving market opportunities. For more information, users can visit: www.aventus.io, and also their X, LinkedIn and Telegram. Contact Head of Marketing Ellie Hyman Aventus [email protected]
 
Ethereum (ETH) trades above $2,600 after a 5% retrace from local highs around $2,750. Over the past two weeks, ETH has maintained a bullish trajectory, sparking optimism across the market as investors look for further signs of strength in the price action. Top analyst and investor Carl Runefelt recently shared a technical analysis, highlighting that Ethereum has broken out of a bullish pattern that began forming in early August. According to Runefelt, once ETH confirms solid demand around its current level, it’s only a matter of days before the next rally kicks off. With the broader crypto market gaining momentum, Ethereum is positioned to continue climbing, and investors are closely watching for confirmation of support at this key level. If ETH holds, the next leg up could be targeting higher price zones, adding to the bullish sentiment. The coming days will determine whether Ethereum can resume its upward trend and capitalize on the ongoing market strength. Ethereum Pushing Above $2,600 Ethereum has underperformed compared to Bitcoin this year, leaving many investors concerned as the next bull run approaches. While Bitcoin has surged, Ethereum has struggled to rally with the same strength. This has sparked worry among ETH holders, who expected the second-largest cryptocurrency by market cap to lead the charge. Top analyst Carl Runefelt recently shared a compelling analysis on X. The analysis features a price chart that reveals Ethereum breaking out of a symmetrical triangle on the daily timeframe—a classic bullish pattern. If price action holds, it could send ETH to $3,400, according to Runefelt’s analysis. This breakout is a key signal for Ethereum, but its sustainability depends on whether the price can successfully retest the upper triangle line, which had previously acted as resistance. Currently, Ethereum is testing support at this critical level, with $2,600 being the line in the sand. A close below $2,600 would invalidate the symmetrical triangle’s bullish thesis and could lead to further downside, putting a dent in the optimism surrounding ETH’s future price action. However, if Ethereum holds above this level, it could signify that the breakout is intact, setting the stage for a strong rally as the broader market prepares for a bull run. The next few days will be crucial for ETH’s trajectory. Price Action: Technical Levels To Watch Ethereum is at $2,620 after failing to reclaim the 200-day exponential moving average (EMA) at $2,795. The price is testing support around the crucial $2,600 level, which will determine the direction of ETH’s price action in the coming days. If Ethereum holds above this level, the next target would be back above the 1D 200 EMA at $2,800. This is a crucial price zone as it aligns with ETH’s local high set in late August at $2,820. A successful breakout above $2,800 would signal a strong bullish continuation, making a push toward higher levels imminent. However, if ETH fails to consolidate above $2,600, the risk of a retracement to lower demand zones becomes increasingly likely. Traders and investors closely watch these levels as Ethereum seeks to regain momentum amid broader market uncertainty. The next few days will be critical in determining whether ETH continues its upward trend or faces further downside pressure. Featured image from Dall-E, chart from TradingView
 
After a brief retracement, the Solana price has found support at the $163 mark and is currently trading at approximately $168. The cryptocurrency is again approaching a significant resistance level at $170, which has posed a challenge for the token over the past month. Despite the recent fluctuations, bullish sentiment surrounding Solana remains strong among analysts. Many are projecting new all-time highs above its previous record of $259, set in November 2021. Analysts Eye Potential Bullish Breakout In the past 24 hours, Solana has rebounded nearly 3%, although trading volume has dipped by about 2%, according to data from CoinGecko. This decline in volume indicates that despite some profit-taking, bullish investors continue to show interest, particularly after the recent retracement. Crypto analyst Byzantine General has noted that buying pressure appears to be strengthening at lower support levels, with traders eager to capitalize on dips experienced by the Solana price in the short term. Looking at the bullish predictions, Captain Faibik recently suggested in a social media post on X (formerly Twitter) that Solana is poised for a “bullish pennant” breakout following a prolonged consolidation period observed on the 3-day SOL/USDT chart. Faibik believes that a successful breakout from this pattern could propel Solana to a new all-time high of $400 within the current bullish cycle, expected to last at least through the first quarter of 2025. However, this forecast is somewhat conservative compared to the more audacious prediction from market expert Crow. How The Solana Price Could Reach $800 In a separate social media post, Crow indicated that the Solana price could surge by approximately 400% during this bull run, recalling the previous price actions of the 2021 uptrend. The expert highlighted that the last bull cycle featured two distinct phases: the rise from $3 to $50 and another jump from $25 to $250. He notes that Solana has progressed from $16 to $200 this time, and he foresees a possible climb from $200 to $800. Despite the bullish predictions, it is important to recognize that bull cycles do not typically progress in a straight line. Historical data illustrates this point, with Solana experiencing significant retracements of over 20% on August 5 and September 6, respectively. To navigate these fluctuations effectively, it is essential to analyze SOL’s daily chart and identify key support levels that, if maintained by bullish investors, could help prevent further declines. In the event of a deeper correction, the first crucial support level to watch is the $160 mark. Additional support levels are identified at $153 and $145. The most significant support, however, is located in the $127 zone. This level has proven resilient throughout the token’s consolidation phase in past months, effectively halting further price declines and safeguarding the critical $100 mark. Featured image from DALL-E, chart from TradingView.com
 
The Bitcoin price briefly crashed below $67,000 on October 21, although it quickly reclaimed this level as support before the daily close. This price decline is believed to be due to its correlation with the stock market, which also experienced a drop of its own. Why The Bitcoin Price Dropped Below $67,000 The Bitcoin price dropped below $67,000 primarily thanks to its correlation to the US stock market. IntoTheBlock data shows that the correlation between the flagship crypto and the S&P 500 is currently at 0.63, which indicates a strong positive price correlation. The S&P 500 and Dow index dropped from their record highs on October 21 ahead of earnings reports. The stock market drop and the Bitcoin price crash are believed to be driven by uncertainty in the macro environment. This market uncertainty stems from the rising inflation expectations and concerns about how government spending is contributing to this development. As such, market participants are currently cautious about their next move, with some waiting to see what steps the US Federal Reserve will take to keep inflation within their 2% target. The upcoming US election has also contributed to the market’s uncertainty, especially with the presidential race between Donald Trump and Kamala Harris looking to be a tight one. It isn’t unusual for traders to wait on the sidelines until after the elections to gain certainty about the market outlook under the new President. Other Factors Contributing To The Price Crash Analyst Justin Bennett cited the “open interest (OI) being at July highs, whales trimming longs and the last week’s perp-driven rally” as other factors contributing to the Bitcoin price crash. He claimed that these factors alongside the upcoming US elections are what caused the price crash. Regarding the impact of the US election, the analyst noted that the markets usually derisk ahead of the US presidential election, which is now thirteen days away. He remarked that it would have been a “calamity” if the markets didn’t derisk ahead of time and continued to pump into election night. Bennett made this statement while noting why he had anticipated a pullback for Bitcoin and other crypto assets. Indeed, the analyst has since last week been stating that the flagship crypto would soon experience a price correction. He had before now mentioned that he wouldn’t be surprised if the BTC price corrects to around $63,000. In a more recent X post, he highlighted the $65,800 range as the first test for the Bitcoin price. A hold above this level could invalidate his trade setup. At the time of writing, the Bitcoin price is trading at around $67,700, down almost 2% in the last 24 hours, according to data from CoinMarketCap.
 
WazirX denies fund misuse, attributes delays to ongoing custodian onboarding. Security breach led to $230M loss, sparking investigations and liabilities. Indian cryptocurrency exchange, WazirX, is back in the spotlight following accusations from CoinSwitch’s co-founder, Ashish Singhal, regarding the transfer of over $73 million in cryptocurrency to exchanges like Bybit and KuCoin. Singhal expressed concerns about WazirX’s financial stability, fuelling speculation over the exchange’s handling of user funds. However, WazirX’s co-founder, Nischal Shetty, refuted these allegations, calling it a “false narrative” and a “coordinated campaign.” Shetty explained that WazirX had transparently disclosed its wallet addresses. And noted that the ongoing proof of reserves (POR) process would reveal all transactions. He clarified that funds were transferred to external exchanges because the platform is still onboarding a custodian. Custodians complicate the process by providing limited support for all tokens. WazirX emphasised that, despite the delay, the exchange prioritised careful consideration of its custody options. Shetty assured users that the exchange continues to use third-party exchanges for storing some tokens until a suitable custodian is finalised. WazirX’s Legal Tensions The exchange has been grappling with the aftermath of a major security breach in July 2024. It saw approximately $230 million in digital assets stolen, representing 45% of WazirX’s assets. The incident left the company facing liabilities amounting to $546 million. Subsequently, WazirX disclosed over 240,000 wallet addresses as part of its ongoing commitment to transparency. Following the hack, WazirX was granted a four-month moratorium by the Singapore High Court in September, with plans to establish a 10-member creditors’ committee by October 9 to manage its liabilities. Indian government agencies, including the Financial Intelligence Unit (FIU) and CERT-In, have since launched investigations into the illegal transfer of funds, interrogating WazirX executives. As legal tensions rise between WazirX and CoinSwitch, the latter has announced intentions to recover INR 12.4 crore (approximately $1.5 million) in cash and cryptocurrencies deposited on the platform. Highlighted News Of The Day Ex-CEO of Mine Digital Charged with Fraud for Alleged $1.5M Theft
 
Bullish MEW price prediction for 2024 is $0.010544 to $0.018450. cat in a dogs world (MEW) price might reach $0.1 soon. Bearish (MEW) price prediction for 2024 is $0.003704. In this cat in a dogs world (MEW) price prediction 2024, 2025-2030, we will analyze the price patterns of MEW by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION cat in a dogs world (MEW) Current Market Status What is cat in a dogs world (MEW)? cat in a dogs world (MEW) 24H Technicals CAT IN A DOGS WORLD (MEW) PRICE PREDICTION 2024 cat in a dogs world (MEW) Support and Resistance Levels cat in a dogs world (MEW) Price Prediction 2024 — RVOL, MA, and RSI cat in a dogs world (MEW) Price Prediction 2024 — ADX, RVI Comparison ofMEW with BTC, ETH CAT IN A DOGS WORLD (MEW) PRICE PREDICTION 2025, 2026-2030 CONCLUSION FAQ cat in a dogs world (MEW) Current Market Status Current Price $0.008814 24 – Hour Price Change 8.08% Down 24 – Hour Trading Volume $195.13M Market Cap $783.54M Circulating Supply 88.89B MEW All – Time High $0.01043 (On October 21, 2024) All – Time Low $0.000844 (On Mar 27, 2024) MEW Current Market Status (Source: CoinMarketCap) What is cat in a dogs world (MEW) TICKER MEW BLOCKCHAIN Solana CATEGORY Memecoin LAUNCHED ON 2nd April 2024 UTILITIES Governance, security, Liquidity & rewards Cat in a Dog’s World (MEW) is a concept often used to describe someone or something that feels out of place or doesn’t fit into the norm. In the context of organizational dynamics, it refers to individuals who may feel marginalized, misunderstood, or out of sync with the dominant culture, much like a cat in a world of dogs. In professional settings, this might involve employees who have different work styles, perspectives, or personalities that stand out in an environment that favors a specific kind of approach, like extroversion in a field dominated by introverts or creative thinkers in highly structured industries. The challenge for such individuals lies in navigating this landscape, finding ways to thrive, while the organization must work to foster inclusivity. Embracing diversity can lead to innovation and a more dynamic work environment where all perspectives are valued, much like finding balance in a “cat and dog” world. cat in a dogs world 24H Technicals (Source: TradingView) cat in a dogs world (MEW) Price Prediction 2024 cat in a dogs world (MEW) ranks 88th on CoinMarketCap in terms of its market capitalization. The overview of the cat in a dogs world price prediction for 2024 is explained below with a daily time frame. MEW/USDT Rising Wedge Pattern (Source: TradingView) In the above chart, cat in a dogs world (MEW) laid out a rising wedge pattern. A rising wedge pattern suggests a reversal pattern frequently seen in bear markets. The rising pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point. This pattern is made by drawing two trendlines, one trendline draws across two or more pivot highs, and the other one connects two or more pivot lows. At the time of analysis, the price of cat in a dogs world (MEW) was recorded at $0.008814. If the pattern trend continues, then the price of MEW might reach the resistance levels of $0.008490 and $0.010492. If the trend reverses, then the price of MEW may fall to the support of $0.005643. cat in a dogs world (MEW) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of cat in a dogs world (MEW) in 2024. MEW/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of cat in a dogs world (MEW) for 2024. Resistance Level 1 $0.010544 Resistance Level 2 $0.018450 Support Level 1 $0.006678 Support Level 2 $0.003704 MEW Resistance & Support Levels cat in a dogs world (MEW) 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 cat in a dogs world (MEW) are shown in the chart below. MEW/USDT RVOL, MA, RSI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the current cat in a dogs world (MEW) 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 = $0.005855Price = $0.009089 (50MA < Price) Bullish/uptrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 67.098467 <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 cat in a dogs world (MEW) Price Prediction 2024 — ADX, RVI In the below chart, we analyze the strength and volatility of cat in a dogs world (MEW) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). MEW/USDT ADX, RVI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the price momentum of cat in a dogs world (MEW). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 51.910601 Strong Trend Relative Volatility Index (RVI) Volatility over a specific period 56.87 <50 = Low >50 = High High Volatility Comparison of MEW with BTC, ETH Let us now compare the price movements of cat in a dogs world (MEW) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs MEW Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of MEW is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of MEW also increases or decreases respectively. cat in a dogs world (MEW) Price Prediction 2025, 2026 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of cat in a dogs world (MEW) between 2025, 2026, 2027, 2028, 2029 and 2030. Year Bullish Price Bearish Price cat in a dogs world (MEW) Price Prediction 2025 $0.3 $0.003 cat in a dogs world (MEW) Price Prediction 2026 $0.5 $0.002 cat in a dogs world (MEW) Price Prediction 2027 $0.7 $0.001 cat in a dogs world (MEW) Price Prediction 2028 $0.9 $0.0009 cat in a dogs world (MEW) Price Prediction 2029 $1 $0.0008 cat in a dogs world (MEW) Price Prediction 2030 $1.3 $0.0007 Conclusion If cat in a dogs world (MEW) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish cat in a dogs world (MEW) price prediction for 2024 is $0.018450. Comparatively, if unfavorable sentiment is triggered, the bearish cat in a dogs world (MEW) price prediction for 2024 is $0.003704. If the market momentum and investors’ sentiment positively elevates, then cat in a dogs world (MEW) might hit $0.1. Furthermore, with future upgrades and advancements in the cat in a dogs world ecosystem, MEW might surpass its current all-time high (ATH) of $0.01043 and mark its new ATH. FAQ 1. What is cat in a dogs world (MEW)? Cat in a Dog’s World (MEW) is a concept often used to describe someone or something that feels out of place or doesn’t fit into the norm. 2. Where can you buy cat in a dogs world (MEW)? Traders can trade cat in a dogs world (MEW) on the following cryptocurrency exchanges such as HTX. 3. Will cat in a dogs world (MEW) record a new ATH soon? With the ongoing developments and upgrades within the cat in a dogs world platform, cat in a dogs world (MEW) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of cat in a dogs world (MEW)? cat in a dogs world (MEW) hit its current all-time high (ATH) of $0.01043 on October 21, 2024. 5. What is the lowest price of cat in a dogs world (MEW)? According to CoinMarketCap, MEW hit its all-time low (ATL) of $0.000844 On Mar 27, 2024. 6. Will cat in a dogs world (MEW) hit $0.1? If cat in a dogs world (MEW) 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 cat in a dogs world (MEW) price by 2025? cat in a dogs world (MEW) price might reach $0.3 by 2025. 8. What will be the cat in a dogs world (MEW) price by 2026? cat in a dogs world (MEW) price might reach $0.5 by 2026. 9. What will be the cat in a dogs world (MEW) price by 2027? cat in a dogs world (MEW) price might reach $0.7 by 2027. 10. What will be the cat in a dogs world (MEW) price by 2028? cat in a dogs world (MEW) 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.
 
Chainlink has introduced a private transactions feature through its CCIP, aimed at financial institutions. ANZ will be the first to pilot the feature as part of MAS’s Project Guardian for cross-chain settlements. Today, Chainlink announced the launch of its Private Transactions feature within the Cross-Chain Interoperability Protocol (CCIP), supported by Chainlink’s new Blockchain Privacy Manager. According to an announcement shared on X (formerly Twitter), this CCIP Private Transactions feature allows financial institutions to connect to the multi-chain economy while ensuring data confidentiality, integrity, and regulatory compliance. Further, Chainlink’s Blockchain Privacy Manager allows institutions to seamlessly connect private blockchains with public ones through the Chainlink CCIP network. This also facilitates the integration of existing TradFi and enterprise systems with private chains, making the technology more accessible. The Australia and New Zealand Banking Group (ANZ) is one of the first institutions to pilot this feature as part of the Monetary Authority of Singapore’s (MAS) Project Guardian initiative for cross-chain settlements. This partnership represents a significant step toward integrating traditional finance (TradFi) with blockchain technology. Additionally, earlier this month, Chainlink collaborated with Taurus, a Swiss digital asset infrastructure provider backed by Credit Suisse and Deutsche Bank, to accelerate the adoption of tokenized assets. Chainlink (LINK) Surges Amid Market Pressure Despite the overall market being under pressure, with major cryptocurrencies like Bitcoin and Ethereum experiencing downturns, some altcoins trying to recover. Chainlink’s native token, LINK, is among those that have shown a positive surge. At the time of writing, LINK climbed approximately 5%, rising from a low of $11.56 to a high of $12.17. The daily trading volume for LINK also increased by over 7%, reaching $247 million. Currently, the price of Chainlink is above both the 9-day and 21-day moving averages, indicating a potential bullish trend. Additionally, the RSI is at 61, reflecting increasing bullish momentum and suggesting that buyers are in control. Highlighted News Of The Day Is Aptos Primed for a Breakout After a 12% Rally?
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