Bitcoin price is still above the $33,200 support zone. BTC could start a fresh increase unless there is a close below the 100 hourly SMA and $33,400. Bitcoin is still struggling to clear the $35,000 resistance. The price is trading above $33,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance near $34,120 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it clears the trend line and then $34,555. Bitcoin Price Holds Key Support Bitcoin price failed to gain strength for a close above the $35,000 resistance zone. BTC started a fresh decline below the $34,500 level. There was a move below the $34,000 zone as well before the bulls appeared. A low is formed near $33,717 and the price is still well above the 100 hourly Simple moving average. It is slowly moving higher above the $34,000 level. There was a break above the 23.6% Fib retracement level of the downward move from the $35,140 swing high to the $33,717 low. Bitcoin is now trading above $33,650 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $34,100 level. There is also a connecting bearish trend line forming with resistance near $34,120 on the hourly chart of the BTC/USD pair. The next key resistance could be near $34,550 or the 61.8% Fib retracement level of the downward move from the $35,140 swing high to the $33,717 low. The main resistance is still near the $35,000 zone. Source: BTCUSD on TradingView.com A clear move above the $35,000 resistance might start another surge. The next key resistance could be $36,500. Any more gains might send BTC toward the $38,000 level in the coming days. Another Decline In BTC? If Bitcoin fails to rise above the $34,550 resistance zone, it could start another decline. Immediate support on the downside is near the $33,700 level. The next major support is near the $33,400 level and the 100 hourly Simple moving average. If there is a move below the 100 hourly Simple moving average, there is a risk of more downsides. In the stated case, the price could decline toward the $31,500 level in the coming sessions. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $33,700, followed by $33,400. Major Resistance Levels – $34,120, $34,550, and $35,000.

Ethereum price started a downside correction from the $1,866 high against the US dollar. ETH must stay above the $1,750 support to start a fresh increase. Ethereum failed to gain strength above $1,850 and corrected lower. The price is trading above $1,750 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support near $1,810 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its decline if it fails to stay above the $1,750 support. Ethereum Price Signals Downside Correction Ethereum attempted a fresh increase above the $1,820 level. ETH even cleared the $1,850 resistance, but the upsides were limited. The price traded as high as $1,866 and recently started a downside correction, like Bitcoin. There was a move below the $1,810 and $1,800 levels. Besides, there was a break below a key bullish trend line with support near $1,810 on the hourly chart of ETH/USD. The pair traded close to the $1,750 support before the bulls emerged. A low is formed near $1,763 and the price is now consolidating. It is trading near the 23.6% Fib retracement level of the downside correction from the $1,866 swing high to the $1,763 low. Ethereum is now trading above $1,750 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $1,815 level. It is close to the 50% Fib retracement level of the downside correction from the $1,866 swing high to the $1,763 low. Source: ETHUSD on TradingView.com The first major resistance is near the $1,850 zone. A close above the $1,850 resistance could start a decent increase. In the stated case, Ether could surpass $1,865 and test $1,920. The next key resistance is near $1,950, above which the price could accelerate higher. In the stated case, the price could rise toward the $2,000 level. More Losses in ETH? If Ethereum fails to clear the $1,815 resistance, it could start another decline. Initial support on the downside is near the $1,765 level. The next key support is $1,750 and the 100-hourly Simple Moving Average. A downside break below the $1,750 support might send the price further lower. In the stated case, Ether could drop toward the $1,700 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,750 Major Resistance Level – $1,815

Shiba Inu (SHIB) has sustained an impressive bullish streak over the past week, marking a significant upward trajectory in its value. With seven out of the last eight days showing positive growth, the meme coin has not only managed to reclaim a critical low of $0.0000076 it registered in December last year, but has also encountered several notable barriers along its upward climb. In its journey through September, SHIB faced resistance from the established resistance zone and a daily bearish order block situated above $0.00000755. However, the October rally saw a significant shift, as the hurdle transformed into support, propelling the coin beyond the December low, with the current SHIB price according to CoinGecko standing at $0.0000078, indicating a 2.5% dip over the last 24 hours but still showcasing a substantial 14% surge over the past seven days. Price Analysis Reveals Liquidation Levels And Potential Pullbacks The recent price analysis report has highlighted substantial liquidation levels within the cryptocurrency market, drawing attention to a key threshold at $0.0000077 as the upper boundary for liquidations. Additionally, the analysis revealed that medium liquidation levels are concentrated within the range of $0.0000078 to $0.0000079. These findings indicate that traders and investors should closely monitor these price levels, as they serve as crucial points of interest, potentially signifying significant shifts in market sentiment and trading activity. The data suggests that these specific price points are currently important reference points in assessing the cryptocurrency’s price dynamics and potential market reactions. This information hints at the possibility of an extended pullback, potentially leading to a liquidity hunt that could drive SHIB towards the $0.0000077 mark. The medium liquidation level at $0.0000083 is a significant chart obstacle for SHIB, potentially posing a formidable challenge to any further price increases. It has historically acted as a strong resistance point, and breaking through it could be a key factor in SHIB’s future price performance. The bullish momentum of Bitcoin has the potential to be a crucial factor in helping SHIB overcome its current price obstacle, especially if Bitcoin surpasses the $35,000 mark. Bitcoin’s significant influence on the broader cryptocurrency market means that a strong Bitcoin rally could stimulate greater interest and investment in SHIB, possibly enabling it to exceed the $0.0000083 level. This highlights the interdependence of various cryptocurrencies and the impact of Bitcoin’s performance on its counterparts. SHIB’s Growing Investor Interest Interestingly, Shiba Inu has witnessed a surge in the total number of addresses, currently reaching a new high of 3.63 million, as per data provided by IntoTheBlock. This substantial increase in the number of addresses indicates a growing interest in SHIB among investors and traders. Furthermore, IntoTheBlock’s data also highlights an uptick in Shiba Inu profitability, indicating that the positive price action has contributed to a favorable investment landscape for the meme coin. Shiba Inu’s recent price movements suggest a resilient and increasingly promising outlook, despite the challenges posed by key resistance levels and potential pullbacks. As Shiba Inu reverses its December downtrend, investors are eagerly watching for signs of a potential upward trend. The cryptocurrency market’s resilience and the enthusiasm of Shiba Inu’s community underline the possibility of brighter days ahead. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from The Currency Analytics

BNB price struggled to climb above $240 and corrected gains against the US Dollar. It is now approaching a major support zone at $220 and $215. BNB price is slowly moving lower toward the $220 support against the US Dollar. The price is now trading above $215 and the 100 simple moving average (4 hours). There is a key bullish flag pattern forming with resistance near $225 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might gain bullish momentum if there is a clear move above $228. BNB Price Eyes Fresh Increase These past few days, BNB price saw a decent recovery wave above the key $220 resistance zone. Bitcoin rallied over 20% to $35,000 and helped BNB avoid a major downside break. The price climbed above the $225 and $230 resistance levels. However, it struggled near the $238-$240 zone. A high was formed near $237.6 and the price recently started a downside correction. There was a move below the $235 level. BNB dipped below the 50% Fib retracement level of the upward move from the $208.3 swing low to the $237.6 high. It is now trading above $215 and the 100 simple moving average (4 hours). There is also a key bullish flag pattern forming with resistance near $225 on the 4-hour chart of the BNB/USD pair. If there is a fresh increase, the price could face resistance near the $225 level. The next resistance sits near the $228 level. A clear move above the $228 zone could send the price further higher. In the stated case, BNB price could test $238. A close above the $238 resistance might set the pace for a larger increase toward the $250 resistance. More Losses? If BNB fails to clear the $228 resistance, it could start another decline. Initial support on the downside is near the $220 level and the 61.8% Fib retracement level of the upward move from the $208.3 swing low to the $237.6 high. The next major support is near the $215 level or the 100 simple moving average (4 hours). If there is a downside break below the $215 support, the price could drop toward the $207 support. Any more losses could initiate a larger decline toward the $202 level. Technical Indicators 4-Hours MACD – The MACD for BNB/USD is losing pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $220, $215, and $207. Major Resistance Levels – $225, $228, and $238.

In what is seen to be a monumental move, dYdX, a layer-2 decentralized exchange (DEX), is open-sourcing its code as the platform prepares to implement v4. The exchange has a total value locked (TVL) of over $353 million, according to DeFiLlama. dYdX Open-Sourcing Code Ahead Of V4 According to an X post on October 24, dYdX plans to eventually operate on its standalone blockchain on Cosmos, migrating from being a layer-2 exchange reliant on Ethereum for security. The standalone blockchain, dYdX Chain, will be built using the Cosmos software developer kit (SDK) and powered by the Tendermint proof-of-stake consensus algorithm. In blockchain, projects often open source their code, allowing the public to scrutinize how smart contracts operate. By going public, the protocol is helping to build trust with users and community members, boosting security and increasing decentralization. This is especially important because the DEX handles sensitive financial data to facilitate trustless trading for all users. Antonio Juliano, the founder of dYdX, has already said the exchange developer, dYdX Trading Inc., is updating its charter to become a Public Benefit Corporation. The exchange developers will work on an open project without benefiting. Though the platform will remain a for-profit company as a Public Benefit Corporation (PBC), the founder and the board will “not solely act to maximize shareholder value but act in the public benefit.” Still, the layer-2 protocol has to receive approval from the community through a vote before the project transitions to v4 on Cosmos. Afterward, as stated by Juliano, dYdX will become fully open-source and decentralized, meaning the community will take over how the protocol evolves through a governance vote effected by the dYdX Foundation. Will New Features Propel The Token To 2023 Highs? With v4, dYdX will build an off-chain order book and release an equally scalable matching engine that can process more transactions. This way, the development team believes this will “dramatically” enhance the protocol, all without charging trading fees, since it will run on Cosmos, a scalable layer-1 and interoperable blockchain. Part of these enhancements include making dYdX more efficient in trading. Subsequently, several features, such as batch execution and limit orders, will go live. At the same time, dYdX v4 will support trading new asset classes, such as equities, commodities, and real estate, making the protocol more versatile. Ahead of this transition, the native token of the exchange is trading at H2 2023 highs, looking at price action. Notably, the token has broken above July to October 2023 resistance levels with increasing volumes. At the same time, looking at the development in the daily chart, bull bars are banding along the upper BB, pointing to strong upward momentum. The region around $3.25 and $3.5, marking Q1 2023 highs, could be immediate targets for optimistic bulls.

Predicting the Bitcoin price movements and when altcoin prices will rally again is not a small feat but one analyst has managed to do so. Crypto analyst TonyTheBull has been calling for a bull market, saying that this cycle differs from previous ones in the fact that there will be a rally this year. This proved to be true last week when the price of Bitcoin started surging and hit as high as $35,100. Now the analyst has called the next altcoin to outperform, and it already is. Fetch (FET) Is Next Altcoin In Line In the latest iteration of the CoinChartist (VIP) newsletter, crypto analyst TonyTheBull revealed that Fetch (FET) was his next pick after the Bitcoin breakout. He revealed that he had previously bought FET which ended up outperforming in January, and believes the same will be the case here as well. FET which is one of the top AI-powered crypto tokens is already on the rise after the analyst called it at the $0.24 level. TonyTheBull also posits that a Raging Bull indicator flipping on would be able to confirm further upside. “Waiting for the Raging Bull to turn on would help confirm increased bullishness in the altcoin,” the newsletter read. The Raging Bull Indicator, explained the analyst, “was designed using the Relative Strength Index to help indicate when Bitcoin or other assets are in a bull market, and more importantly, and impulsive like trend.” Basically, this indicator helps to show the strength of a cryptocurrency. Looking at FET’s performance since the call, it has already climbed over 30% and is now trading above $0.3, hitting a local peak of $0.32 on Wednesday. Bitcoin Not The Only One Looking Good Despite Bitcoin still looking incredibly bullish on the charts, the analyst points out some altcoins that have had their Raging Bull Indicators turned on this year as well. The first on the list is Solana whose indicator turned on for the first time since 2022. Following this, the digital asset went on a massive run but it might not be done. TonyTheBull revealed that the last time this indicator was turned on, Solana blew up by 500%, and then continued on to do a 17,000% rally. So if it sticks to historical performance, the Solana rally might only be in its early stages. The next altcoin to appear on the list is Chainlink’s LINK. LINK moved from around $7 to over $11 in a matter of days. But just like Solana, this coin may only be in its early stages. LINK’s Raging Bull Indicator last turned on in 2019 and the coin saw a “700% in the near term, and more than 9,000% in total.” The analyst further added, “This might not be a setup to sleep on.”

In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange Binance (BNB) and stablecoin issuer Tether (USDT). The lawmakers, led by Senator Cynthia Lummis, reference a controversial Wall Street Journal (WSJ) report that alleges Hamas and its affiliate raised significant funds through cryptocurrencies. Binance And Tether Face Calls For Criminal Charges In a joint letter signed by Senator Lummis and Representative French Hill, the lawmakers express deep concern over reports indicating that “unregulated crypto intermediaries” outside the United States have allegedly facilitated illicit financial activities, including financing terrorism, such as Hamas’s attacks on Israel. Lummis and Hill urged the DOJ to promptly reach a charging decision regarding Binance, considering the extent of its involvement, and to conclude the ongoing investigation into Tether’s alleged illicit activities. The lawmakers refer to the WSJ report of October 10, 2023, which disclosed that Hamas, Palestinian Islamic Jihad, and Hezbollah had received cryptocurrency funding since August 2021. They stress the DOJ’s need to hold any entities facilitating illicit activities accountable. The letter further reads: On the other hand, Tether faced a fine by the Commodity Futures Trading Commission (CFTC) in 2021 for issues related to backing its stablecoin USDT. The lawmakers urged the DOJ to thoroughly assess whether Binance and Tether have provided material support and resources for terrorism by violating applicable sanctions laws and the Bank Secrecy Act. Lummis and Hill emphasize the importance of swift action to cut off funding sources for terrorists targeting Israel. Tether Counters Allegations In response to Senator Lummis and Rep. Hill’s claims, Tether issued a statement addressing the “misinformation” surrounding the potential misuse of cryptocurrencies. Tether references independent investigations by Chainalysis and Elliptic, which found significant errors and faulty attribution techniques in reports, including the WSJ’s article. Tether emphasizes its commitment to regulatory compliance, due diligence, and global collaboration with law enforcement agencies. They highlight their track record of freezing assets tied to illicit activities and assert no evidence of sanctions law or Bank Secrecy Act violations. Tether further notes the inherent transparency of blockchain technology and the proactive measures taken by virtual asset service providers to monitor and report potentially illicit activities. They reaffirm their dedication to transparency, compliance, and collaboration with authorities, inviting constructive dialogue and cooperation. As the call for a DOJ investigation unfolds, the cryptocurrency community awaits further developments and the potential impact on Binance and Tether’s operations. As of this writing, BNB is trading at $221, representing a decrease of 0.9% within the last 24 hours. However, it is worth noting that the token has experienced significant gains over the past seven and thirty days, amounting to 5.3% and 4.9%, respectively. Featured image from Shutterstock, chart from TradingView.com

The monthly trading volume of LooksRare, a decentralized non-fungible token (NFT) and digital collectible marketplace, is down 97%, crashing from $71.9 million registered in September 2023 to just $2.1 million in October, Token Terminal data shared by Web3 Academy on October 26, via X shows. LooksRare’s Monthly Volume Tanking, Falls To $2.1 Million In October The unprecedented drop in activity couldn’t be pinned on any particular LooksRare-related event when writing on October 26. This contraction is despite the broader cryptocurrency market recovering, rising as seen by the welcomed expansion of leading assets, including Bitcoin (BTC) and Ethereum (ETH). According to trackers, monthly volume has been falling steadily since April 2023. Then, the average volume exceeded $150 million, pointing to rising interest, especially from traders. At that time, it should be noted that most crypto assets were also growing. Specifically, Bitcoin broke higher, touching $30,000, triggering demand and reviving hopes that the market was looking up again following the collapse in 2022. By June through September, the average monthly volume in LooksRare had more than halved before plunging to less than $3 million in October 2023. The spike in monthly trading activity in April coincided with the release of LooksRare v2, which saw the platform’s developers reduce trading fees by 75% from 2% to 0.5%. The updated version is also more gas efficient, allowing traders to save up to 30% on gas compared to the previous edition. Moreover, with LooksRare allowing traders to place bulk orders when buying or selling, monthly volume rapidly rose in April. NFT Bull Run Postponed, Will LOOKS Break Resistance Line? With activity rapidly contracting, LOOKS, the native token of LooksRare, has also been flat-lining, looking at price action. The token trades around the $0.070 level at spot rates, retesting August highs. However, an inverted hammer suggests that the uptrend momentum could wane, and bears might reverse gains. Despite concerns, LOOKS is up 60% from H2 2023 lows and may still rally in the months ahead. Looking at the candlestick arrangement in the daily chart, a close above $0.070 with expanding volumes could set the ball rolling for buyers who expect the token to retest 2022 lows at around $0.12. Overall, NFT and digital collectible trading activity remains relatively lower, even with bullish traders expecting prices to turn around and rally in 2024. Recently, there was a brief increase in the floor prices of leading NFT collections like Bored Ape Yacht Club (BAYC), Azuki, and CryptoPunk. However, with trading volume and the number of new owners still at record lows, researchers put off the chance of an NFT bull run starting in Q4 2023.

Dogecoin gained over 29% in the past week, reaching $0.0708, making it one of the top-performing coins in the top 10 by market capitalization. DOGE’s recent price spikes have raised questions about its sustainability, with prominent analyst Rekt Capital calling it a “moment of truth.” Rekt Capital highlighted FOMO-driven wicks in the DOGE chart, suggesting the possibility of more capital inflows in the near future. Dogecoin (DOGE) has seen substantial gains over the past week, rallying over 29% as some alternative cryptocurrencies begin paring their recent increases. As of writing, Dogecoin is up 5.7% to $0.0708, solidifying its position as one of the top-performing coins among the top 10 by market capitalization. There has been some doubt about the ability of DOGE bulls to maintain this uptrend. However, according to prominent analyst Rekt Capital, the recent price spikes signal a “moment of truth” for the meme-inspired cryptocurrency. Rekt Capital highlights FOMO in Dogecoin chart In a tweet, Rekt Capital pointed to the FOMO-driven wicks in the DOGE chart, implying more capital inflows could arrive in coming days. Additionally, the analyst noted that a weekly close above the $0.07163 level would provide a strong sign of a major breakout ahead for Dogecoin. Notably, this latest DOGE rally has occurred without influence from Tesla CEO Elon Musk, the coin’s most vocal supporter. Instead, buyers seem to be enticed by the broader cryptocurrency market recovery that has ignited enthusiasm after an extended bearish period. Previous drawdowns and underperformance also appear to have prprovided aufficient boost for investors to take new positions in Dogecoin. The meme coin had traded mostly sideways for much of 2022. Now, buyers seem ready to make Dogecoin a standout once again among alternative cryptos. Sustaining the upside momentum will be key for DOGE to confirm a true trend change. But its recent break from its stagnant trading range shows the Dogecoin army has not given up yet.

The official dismissal of the US Securities and Exchange Commission’s (SEC) claims against Ripple’s CEO Brad Garlinghouse and its co-founder Chris Larsen has reinvigorated predictions about the XRP price future trajectory. With the year coming to a close, some financial experts are already looking to 2024 and have made their expectations known as to the XRP price in 2024. XRP Price Could Go Above $1 Some financial specialists have given their thoughts on XRP’s price and factors that could ultimately affect the token’s trajectory. One of these experts happens to be Gillian Dewar, the Chief Financial Officer (CFO) of Crediful, who believes that the token could rise to as high as $1 (and even go higher) based on certain conditions. These conditions include XRP’s adoption rate and the state of the broader crypto market. Ripple uses XRP as its utility token in processing cross-border transactions for its clients. Some of these clients include global financial institutions, and Dewar believes that XRP’s adoption, among them, could have a significant impact on the token’s future price pattern. Rising To $2 Financial analyst Lauren Yarpei didn’t give an exact price that XRP could attain at the start of 2024, although she noted that some other financial experts project that it could rise to as high as $2 at the start of next year. Dom Farnell, a co-founder of The Investors Center, is really bullish on the token as he labels XRP as one of the best altcoins. Although he didn’t give a timeframe, he believes that the XRP community will soon witness the token hitting a new all-time high (ATH). XRP Above $10 On the more optimistic side, crypto analyst Egrag Crypto believes that 2024 will be the year when the XRP price experiences parabolic growth. In an analysis posted on X (formerly Twitter), Egrag told their followers that the altcoin could explode 2,500% in 2024 which would mean that the XRP price climbs above $10. In another prediction, Egrag has outlined a possible XRP price move to $30, which would happen sometime in the bull market. XRP Price Between $14 And $17 Another crypto analyst puts the XRP price between $14 and $17 in the upcoming year. Like Egrag, the analyst sees the altcoin crossing the $10 dollar mark next year, something that would validate the expected 2,500% move upward. On a longer time frame, the analyst expects XRP to climb as high as $24 around 2026-2027. Once again, validating Egrag’s prediction for the altcoin’s price. Sending XRP To $500 Although the prediction of Wells Fargo Manager Shannon Thorp, is on a much longer timeframe, it is important to mention that the analyst believes that the XRP price will reach $500. Thorp uses the fact that Ripple is moving into the cross-border payments sector, and capturing a good portion of that market share will send XRP surging in no time. The analyst, however, puts the timeframe for this sometime in 2027.

London, United Kingdom, October 26th, 2023, Chainwire XETA Genesis is a DeFi platform that has been delivering monthly returns of up to 20% to investors in a year. XETA Genesis was launched as XETA Capital in July 2022, under the leadership of Gavin Minty and the X user known as @Shotime2kX. The project has built a community of around 15,000 followers on X and 2,000 members on Discord since its inception. The consistent performance of XETA Genesis can be attributed to high-frequency trading algorithms. The project applies it across a diverse spectrum of financial markets – forex, gold futures, gold ETFs, and other precious metals. Using DeFi, XETA Genesis makes the fertile opportunities in TradFi accessible to the masses. It enables them to leverage the technical expertise and resources of the project for affordable investments. According to the team, the company has generated over $44 million for investors using its nuanced technical expertise. The average monthly return rate is much higher than the industry standard at 20%. There is a wide range of investment options, beginning with an accessible entry point of $250 to $250,000+. Users can withdraw their returns on the platform every 28 days (XETA cycle). The XETA Genesis dashboard allows real-time monitoring of investments and returns. Genesis Accounts vs. Genesis Pools Users can join the ecosystem via Genesis accounts or Genesis pools on Avalanche or Ethereum. Since conventional cryptocurrencies are susceptible to market volatility, XETA Genesis uses the stablecoin USDC as the mode of deposits and withdrawals. XETA Genesis Accounts Genesis accounts are designed for small-scale investors. It offers various membership tiers with costs ranging from $250, $500, and $1,000 in USDC. The potential returns from XETA Genesis account holders can range up to 20% within each 28-day cycle. Investors can make withdrawals at the conclusion of each XETA cycle. All XETA Genesis accounts will expire after a one-year duration. If investors would like to continue earning returns, they must renew their membership by making a new deposit. All Genesis accounts entail a $25 monthly maintenance fee and a 2.5% withdrawal fee. It is important to note that principal amounts from Genesis accounts cannot be withdrawn. The company announced it will close users account and forfeit their balance if the monthly membership fees go unpaid. For example, a XETA Genesis Account with a $1,000 USDC deposit has the potential to yield a 100% return on investment within a year (at a 20% monthly ROI), even after accounting for withdrawal and maintenance fees. XETA Genesis Pools XETA Genesis pools provide an alternative way to earn returns through the platform and are part of the XETA Fund (XF). Better suited for medium to large-scale investors, they offer different tiers of investment. $10,000 – Offers up to 5% monthly returns. $50,000 – Provides up to 10% monthly returns. $100,000 – Yields up to 15% monthly returns. $250,000 – Promises up to 20% monthly returns. Genesis pools charge a monthly management fee (2.5% of the principal balance) and withdrawal fees. Users have the flexibility to withdraw their principal with Genesis pools. If a user deposits $10,000 into a XETA Genesis pool and let their 5% returns compound over a year without any withdrawals for the next 12 months, the balance would be approximately $16,000 at the end of that period. Wrapping Up Both Genesis accounts and Genesis pools offer various opportunities this year. The choice between the two ultimately comes down to user’s financial situation and risk tolerance. If users wish to delve deeper into the project, there’s also the option to schedule a consultation with a member of the XETA team. About Xeta Genesis XETA Genesis is a project from XETA Ltd, which is headquartered in Belize. Leaders Gavin Minty and @Shotime2kX frequently show up on YouTube videos and address any doubts and questions the community may have. Additionally, users can engage with Discord coordinators around the clock. XETA Genesis has positive testimonials on its official Discord group. As one of the most lucrative platforms that make high-frequency trading accessible to retail investors, XETA offers a compelling investment opportunity this year. Integrating USDC stablecoin as its currency, the platform provides a degree of insulation against broader market fluctuations. Users are welcomed to Visit Xeta Genesis Website Disclaimer: Like all investments, XETA Genesis comes with risks. So it is important to not allocate more funds than you can afford to lose. Contact Xeta Genesis [email protected]

Bankrupt crypto exchange FTX, led by newly appointed CEO John Ray III, has embarked on an intensive legal campaign to regain control and recover assets in its pursuit of financial restitution. As founder Sam Bankman-Fried awaits possible conviction and faces a staggering 114 years in prison if found guilty, FTX’s asset recovery plan continues under Ray’s leadership. FTX Bankruptcy Battle Escalates In a recent filing with the US Bankruptcy Court for the District of Delaware, FTX issued a subpoena to the artificial intelligence (AI) firm Center for AI Safety (CAIS), demanding accounting records and information regarding payments, agreements, and contracts related to the $6.5 million investment. The motion, filed on behalf of the debtors who sought Chapter 11 bankruptcy protection on November 11 and November 14, 2022, states that the Debtors are operating their businesses and managing their properties as debtors-in-possession under the Bankruptcy Code. It also highlights the appointment of an Official Committee of Unsecured Creditors by the US Trustee. FTX’s investigations have revealed that CAIS received transfers totaling at least $6.5 million in debtors’ funds between May and September 2022. As part of their ongoing efforts to understand the debtors’ financial landscape, transactions, and estate, FTX has requested CAIS to produce relevant documents and information related to payments, agreements, communications, and other pertinent details. Debtors Seek Answers According to the motion filed on October 25, despite the debtors’ attempts to engage in a cooperative dialogue and resolve the matter amicably, CAIS has rejected voluntary requests for accounting and failed to respond to formal correspondence. The filing reads: The motion concludes by stating that notice of this action has been provided to relevant parties, including the US Trustee, the Committee’s counsel, the Securities and Exchange Commission, the Internal Revenue Service, the US Department of Justice, the US Attorney for the District of Delaware, and CAIS itself. FTX’s native token, FTT, is trading at $1.22, marking a return to the $1 level for the first time since November 2022. Although it has experienced a decline of over 5% in the past 24 hours, the token has exhibited noteworthy gains over the past seven days, amounting to a 17% upward trend. The token’s value has diminished by more than 95% when considering the one-year timeframe. Featured image from Shutterstock, chart from TradingView.com

Bitcoin (BTC), the pioneering digital currency that has recently seen a notable surge recording 51% in global crypto market capitalization dominance, has now received a fresh analysis from CryptoCon, a seasoned crypto technical analyst hinting at a potential surge in the asset’s price. This projection, shared in a recent post on X (formerly known as Twitter), has caught the attention of many, given its bullish outlook amid the present market landscape. Bitcoin Enters Mid-Cycle Phase Four Based on CryptoCon’s research, Bitcoin has embarked on its fourth mid-cycle phase. It is worth noting that such categorized phases are integral in understanding the potential trajectory of a cryptocurrency. This new phase suggests that Bitcoin is on a path to reach the “mid-top” of its cycle, which, according to CryptoCon, is around the $45,500 mark. CryptoCon further elaborated that there’s typically a swift transition to phase five after the second phase’s conclusion. Given this pattern, the prediction is that Bitcoin could reach the speculated $45,000 price point soon. However, a key hurdle remains. For Bitcoin to ascend to this new height, it must first breach the $36,368 resistance level, the analyst disclosed. The Path To $45,500: Factors And Timelines Notably, the optimism surrounding this prediction is grounded in historical patterns. CryptoCon’s assessment indicates that a leap to the “mid-top” typically occurs approximately two months after the closure of the second phase. The anticipation grows stronger as the first of these two months draws to a close. If the pattern holds and Bitcoin maintains its current momentum, we might witness it touch the $45,500 mark as we usher in November, the analyst concluded, noting: It is worth noting that CryptoCon isn’t the only analyst sharing predictions on Bitcoin’s trajectory. Stephan Livera, Swan Bitcoin’s Head of Education, recently disclosed his projections for Bitcoin’s future. Livera believes Bitcoin could reach around $500,000 by 2025 or early 2026. Yet, this ascent might not be without its challenges, possibly seeing a significant decline after reaching that peak. Drawing comparisons with gold, Livera suggests that BTC could exhibit a similar valuation pattern. “So, it might go to $500k and then crash to $100k,” Swan Bitcoin’s Head of Education remarked. Featured image from iStock, Chart from TradingView

Ramp, a financial technology firm building the payment rails that link the cryptocurrency market to the international financial system, and Linea, a developer-ready zkEVM rollup for Ethereum dapp scaling, have announced a strategic alliance. Through this partnership, Ramp Network’s reliable international payments infrastructure and Linea Network’s state-of-the-art blockchain technology are combined. Users in over 150 nations and territories may now buy ETH and USDC straight to the Linea Network via the Ramp widget, which is made accessible via Ramp’s wide network of integration partners, as part of this strategic collaboration’s initial phase. In order to continue offering a smooth, safe, and user-friendly experience for everyone, both businesses have taken the initial step toward investigating potential synergies between the key technologies of Ramp Network and Linea Network. One of the leading blockchain software firms in the world, Consensys, created Linea, which combines the strength of full Ethereum Virtual Machine (EVM) equivalency with zero-knowledge proofs. This makes it possible for a large community of developers to create scalable dapps or migrate already-existing ones without having to worry about rewriting smart contracts or altering code. More customers worldwide will have easier, direct access to a high-performance, safe, and quick network with the help of Ramp’s industry-leading on-ramp and Linea’s creative prover design, all while using well-known payment options like cards, Google Pay, and Apple Pay. With this collaboration, a promising path towards reimagining what is possible in the Web3 space has begun, and Linea Network and Ramp Network are well-positioned to spearhead this shift together.

Bitcoin’s all-time highs in diverse countries showcase global demand dynamics. Nigeria’s Bitcoin premiums reveal demand for US dollars amid currency instability. Bitcoin, the world’s leading cryptocurrency, recently made headlines by reaching all-time highs in Argentina, Lebanon, Egypt, Laos, and Nigeria. While it might have gone unnoticed in some regions, it’s essential to understand that Bitcoin’s value isn’t tied to any specific currency, and its global nature means its price can vary significantly across different markets. Let’s delve into why Bitcoin soared to new heights in these emerging markets and what this phenomenon signifies. The Decentralized Nature of Bitcoin Bitcoin operates independently of any central authority or fiat currency. Unlike traditional financial markets, it isn’t tethered to any specific national currency. Bitcoin is a truly global asset, and numerous factors influence its value. Bitcoin trading volume can vary significantly between well-established exchanges and smaller platforms. This decentralized landscape ensures that prices are subject to the basic economic principles of supply and demand. The Case of Nigeria Let’s take a closer look at Nigeria, where Bitcoin recently hit an all-time high of 28256091 NGN. As seen on Google Trends, the BTC/NGN trading pair demonstrated this surge. Google relies on Coinbase’s API to provide an estimated price in USD, excluding transaction fees. BTC/NGN Price Chart, Source: Google Trends For a more comprehensive perspective, we can examine BTC’s all-time high in Nigeria using the BTC/NGN pair on Lumos Exchange, a cryptocurrency platform. BTC/NGN Price Chart, Source: Lumos The variation in Bitcoin’s price on LumosExchange is due to the unique supply and demand dynamics created by its user base. Notably, Nigeria experienced Bitcoin premiums, with prices surging up to 60% above the global market average. These remarkable price differences are indicative of not only increased demand for Bitcoin but also a consistent demand for the US dollar due to currency instability in the region. Reflection of Unique Economic and Social Conditions The recent Bitcoin all-time highs in emerging markets highlight the decentralized and global nature of this digital asset. These varying prices also reflect the diverse economic, social, and regulatory conditions in each region. In some countries, Bitcoin may serve as a safe haven asset in times of economic uncertainty, while in others, it may be a means to access a more stable currency. Bullish Trend From every angle, Bitcoin appears to be on a bullish trend. These record-breaking highs in emerging markets like soaring above $35000 are a testament to the cryptocurrency’s ability to provide financial opportunities and security, especially in regions where traditional financial systems may be less stable.

Leading layer0 public blockchain Horizen has announced the official mainnet launch of Horizen EON, a fully EVM-compatible smart contracting sidechain platform. Horizen EON, created and powered by Horizen, is positioned to be an important part in the web3 revolution. The mission of Horizen is to provide a permissionless, customizable, and interoperable multi-chain network that leads this sector. EON is the first among several smart contracting sidechains on Horizen that will introduce the web3 economy to the next generation of users and builders. Why Develop on Horizen EON? The Ethereum Open Network, or Horizen EON, is a scalable blockchain platform designed to facilitate varied and efficient dapp development. It is compatible with the Ethereum Virtual Machine, making use of the community and extensive resources of Ethereum to facilitate the simple and smooth deployment of dapps on Horizen. Horizen has been working on Zendoo, a ZK-powered cross-chain protocol and horizontal scaling solution that enables a larger adoption of blockchain technology with complete customisation at the protocol level, while Ethereum has been spearheading the widespread use of DeFi ecosystems and smart contracts. Horizen now provides more options than ever before for the effective creation and use of a broad variety of dApps and services within its rapidly expanding ecosystem with the advent of Horizen EON. The goal of Horizen EON is to create the next generation of Web3 developers. These are forward-thinking entrepreneurs who are keen to launch ground-breaking web3 products, but they are impeded by the drawbacks of current chains, including insufficient tools, network congestion, centralization, and a dearth of growth assistance. Horizen EON is dedicated to building a strong ecosystem for visionaries who want to disrupt and replace the current quo. To achieve this objective, Horizen EON provides best-in-class launch and growth assistance, which includes: Detailed toolings that guarantee smooth integrations and dapp deployment Support for business growth Grants, liquidity, and other resources access In an effort to bridge the gap between Web2 and Web3, Horizen EON also markets itself as the new center for consumer dapps. EON’s hands-on approach to creating an ecosystem designed for daily users supports these ambitious goals. The EON platform is intended to provide builders a supportive environment that includes product support and incubation, in addition to the necessary technical infrastructure. Wide Variety of Protocol Integrations and Partnerships Join the EON Launch Protocols, builders, and dapps that align with the key principles of the Horizen EON ecosystem—transparency, accountability, security, community engagement, continuous growth, and social responsibility—are warmly welcomed. With so many different protocols and dapps available at launch, the EON ecosystem offers new users a dynamic ecosystem right away. Developer toolings, bridges, DeFi protocols, liquidity providers, and infrastructure necessities are some of these integrations, partners, and supporters. LayerZero, Tatum, Pyth, Band Protocol, Ankr, Third web, Stably, and many more are presently live on Horizen EON, with several more coming in the next few days, including SpookySwap, Chainalysis, and Granary. Embracing the Revolution of Web 3.0 The foundation of Horizen EON is the concept that improving the web2 experience is a necessary step towards web3 adoption. Instead of trying to create the wheel from scratch, it aims to improve it by making sure that web3’s special features—like tokenization, authentication, and interoperability—integrate easily into apparent, user-focused applications. EON seeks to foster creative application concepts across cutting edge sectors in order to introduce web3 to the next generation of creators and users. Horizen invites developers, innovators, and users to become part of the Horizen EON ecosystem as the world prepares for the arrival of a new era of decentralized applications. Together, it aims to push web3 technologies into the mainstream, promote a more connected multi-chain world, and develop solutions that support users at every step of their Web3 voyage. For further details, please go to http://eon.horizen.io.

Bitcoin price (BTC) is currently displaying a significant uptrend, showing no signs of slowing down. The cryptocurrency has already begun its fifth bull run, with impressive price targets anticipated in the coming year. A recent report from Matrixport highlights BTC’s history of four distinct bull market cycles, each driven by a unique narrative. However, the latest bull market, which started on June 22, 2023, stands out due to its primary driving force: institutional adoption. Per the report, this surge in institutional interest can be attributed to Bitcoin’s characteristics, traditionally associated with safe-haven investments like Gold, as well as mounting concerns over the United States debt-to-GDP ratio. Matrixport’s report predicts that Bitcoin’s price could reach an impressive $125,000 by December 2024. Bitcoin Price Rise Aligns With Mounting US Debt Matrixport suggests its emergence as a new payment mechanism propelled the first Bitcoin bull market in 2011. The second cycle was driven by China, where Bitcoin gained recognition as an alternative form of money. The rise of initial coin offerings (ICOs) marked the third cycle, providing a novel means of establishing and funding companies. The fourth cycle saw the decentralized finance (DeFi) summer and the NFT craze dominating the market. However, per the report, Bitcoin’s current bull market is driven by institutional adoption. Institutions are considering Bitcoin for diversifying their asset allocation due to its characteristics akin to safe-haven investments. Notably, the surge in Bitcoin’s value coincides with the United States’ escalating debt-to-GDP ratio, making it an attractive choice for institutions seeking to hedge against potential economic instability. Based on historical price signals, Matrixport estimated that Bitcoin price could reach $125,000 by December 2024. Interestingly, the report suggests that the onset of this bull market was officially recognized when BTC reached a new one-year high on June 22, 2023. Furthermore, Matrixport advises that the optimal entry point to buy Bitcoin is ideally 14-16 months before the next halving event. The report suggested that the end of October 2022 was an opportune time to enter the market when Bitcoin traded at $17,000. Potential BTC Correction On The Horizon? Despite the hype surrounding the current uptrend experienced by most cryptocurrencies on the market, crypto analyst “Crypto Soulz” presents a contrasting view on the future of Bitcoin price. In a recent analysis of X (formerly Twitter), the analyst provides several reasons for considering a short position on BTC. According to Crypto Soulz, the next significant resistance level is at $37,330, but Soulz doubts the possibility of retesting it in the current market conditions. Bitcoin recently reached a local top at $35,300, leading Crypto Soulz to believe a price decline may follow. The analyst emphasizes retesting the $31,500 level as crucial support, which Bitcoin did not revisit during the recent price surge. Crypto Soulz notes that spot and perpetual contracts rose during the pump, indicating potential market instability. Additionally, the futures market experienced significant liquidations during the rally, similar to previous wipe-outs in January and August. Upon examining the liquidation heatmap, Crypto Soulz identifies liquidity below the current price, implying a potential downward movement. Soulz targets specific liquidity pools at $32,300 and $30,800 as potential areas for the price decline. Based on its analysis, Crypto Soulz expects Bitcoin to “cool off” from its current levels and target lower prices. At the time of writing, the price of Bitcoin is currently at $34,000, experiencing a 2.5% retracement in the past 24 hours. Featured image from Shutterstock, chart from TradingView.com

The integration of Chainlink Proof of Reserve (PoR) is something that Backed is pleased to announce. With this feature, users may now verify the collateralization of its tokenized assets in a transparent and trust-minimized manner. Users may rest well knowing that their investments are properly collateralized thanks to Backed’s implementation. With PoR, users may now independently confirm the sufficiency of collateral reserves on-chain at any moment. In order to preserve the integrity of tokenized assets, this is essential. Operation of Proof of Reserves Solution As soon as we get the money from a user who purchases bTokens, we instantly acquire the underlying asset as collateral. We give our broker an order to purchase the underlying asset. The user then receives the tokens from us. This whole procedure typically takes a few minutes, although we always aim to improve its efficiency. Our auditing API’s operator is the Network Firm. They may continuously see the balances of our bank accounts and have read-only access to them. Every ten minutes, they refresh the API data. Since it takes several days for securities to settle in our bank account, in-transit securities are likewise considered as a distinct data point. We provide internal transaction data to the Network Firm, which ensures the underlying assets are on their way to our Swiss custodian. The decentralized oracle network of Chainlink Proof of Reserve then verifies this aggregated data. Every day, or more often if the amount of reserves fluctuates by more than 10%, the statistics sent by Chainlink PoR are updated. Our proof of reserves solution for our most popular products is based on this data. The amount of collateral we have acquired and held is publicly listed on our website and accessible on-chain. Why is Proof of Reserves (PoR) crucial? Never before has proving proper asset collateralization been more crucial. By offering transparent, independently verifiable data that is regularly updated and accessible on-chain, we want to earn your confidence. Users may be sure that the quantity of bTokens will match the quantity of the underlying asset possessed thanks to the data provided. As mandated by Swiss legislation, we already go through routine audits. With this new advancement, the data is now publicly available and the frequency of data points has significantly increased. Because of the increased usefulness that results from putting the data on-chain, third parties who use our products may create their own mechanisms to prove the legitimacy of their business practices. What is the Mechanism of Chainlink Proof of Reserve (PoR)? The information required to determine the correct collateralization of any on-chain asset backed by off-chain reserves is sent to smart contracts via Chainlink PoR. Chainlink Proof of Reserve, which is run by a decentralized network of oracles, allows for the autonomous real-time verification of collateral and helps safeguard user money against fraudulent behavior and unanticipated fractional reserve practices. Chainlink PoR is used for automated on-chain verification that provides users with a better assurance of an asset’s underlying collateralization and raises the level of transparency around asset collateralization, as opposed to requiring users to rely only on paper guarantees. Significance of Tracking In-transit Securities Keeping track of conventional financial assets before they settle in our custodian’s accounts is one of the trickier aspects of this integration. Conventional financial assets might take two to three days to arrive. There are issues with transferring conventional money onto cryptocurrency rails that need for special solutions. We provide The Network Firm and Chainlink access to our internal transaction data via an API, strengthening the assurance that our tokens are collateralized even while the underlying assets are being transferred from our broker to our custodian. Users may rest easy knowing that their bTokens are always backed 1:1 as a result. Click here to see our Proof of Reserves dashboard.

Seasoned finance executive Derek To joins Aquanow as Head of Asia-Pacific (APAC) To will shape Aquanow’s technology, vision and strategy with respect to work in APAC, where there is significant positivity for cryptocurrencies His addition comes as Hong Kong looks to establish itself as a global cryptocurrency hub and Aquanow aims to expand in the region VANCOUVER, British Columbia–(BUSINESS WIRE)–Aquanow, a leading digital assets infrastructure provider, today announced that Derek To has joined the company as head of Asia-Pacific and will lead the company’s efforts to expand work in the region. To joins Aquanow with nearly a decade and a half of executive experience in the financial services industry, having served as Head of Global Fixed Income Credit Sales at China International Capital Corporation (CICC). In addition, To previously held various roles at prominent global financial institutions including HSBC, UBS, National Australia Bank, and Crédit Agricole CIB. To will focus on all APAC countries in order to shape Aquanow’s technology, vision and strategy with respect to work in Asia, where there is significant positivity and growth potential for cryptocurrency-focused businesses. “Derek is an asset to our team at Aquanow, and we are thrilled to have him join us to lead our efforts as we expand efforts into Asia,” said Aquanow CEO Phil Sham. “His background, including work at traditional financial institutions, positions Derek exceptionally well to help us enable more efficient and accelerated crypto market adoption.” Aquanow is already operating in over 50 countries serving more than 300 institutional clients, and APAC represents significant market opportunity for institutional crypto adoption. To’s hiring comes amid Hong Kong’s push to establish itself as an emerging global cryptocurrency hub, fostering innovation and growth in the digital assets space. As the government works to establish clear guidelines and regulatory measures for cryptocurrency trading, Aquanow is examining the opportunity to work in Hong Kong. Just last month, Singapore hosted Token2049, a premiere crypto conference that saw record-setting attendance of over 10,000 people despite the bear market, indicating the success potential for crypto in Asia. Aquanow’s executive team – including Phil Sham (CEO), Andy Leung (CTO), and Michael Kwok (Head of Corporate Development), as well as Derek To – attended the conference and the company co-hosted a kick-off event with Amazon Web Services and Blockchain Founders Fund. “Despite the bear market, Aquanow continues to focus on global growth initiatives, with Asia representing a significant opportunity,” To said. “I’m thrilled to be part of the company that is reshaping the way we use digital assets in APAC countries.” In June, Aquanow was awarded initial approval by Dubai’s Virtual Assets Regulatory Authority (VARA), an indication of the company’s rapid expansion in the Middle East. The company has also been recognized at CrossTech World as recipient of the Digital Innovation Award for 2022. To learn more about Aquanow, please visit https://www.aquanow.io. About Aquanow Aquanow is a leading digital assets infrastructure provider enabling crypto financial services for institutional clients. Each month, billions of dollar value pass through the company’s platform, facilitating a broad range of use cases. Aquanow serves an international customer base that includes the world’s fastest-growing banks, neobanks, brokerages, and payment companies. Established in 2018 and headquartered in Canada, Aquanow currently has 100+ team members. To learn more about Aquanow, please go to https://www.aquanow.io. Contacts Aquanow Chris DeLuca [email protected]

Dubai is paving the way for a Web3 future by implementing a robust regulatory framework for digital assets and offering commercial licenses for Web3 projects. The countdown has begun as the World Blockchain Summit returns, scheduled for November 1st-2nd, 2023, at the Address Dubai Marina, hosted by Trescon. This highly anticipated summit is set to become a major focal point for global web3 and blockchain innovators to take note of the region’s efforts towards a web3-driven future. With strategic partners, like Dubai AI & Web3 Campus by DIFC, the largest cluster of Artificial Intelligence and Web3 companies in MENA, the summit offers a platform for top-tier web3 investors, enterprises, industry leaders, and entrepreneurs to explore collaboration and investment opportunities while discussing the emerging trends and innovations shaping the industry. Dubai’s established digital landscape, flourishing investment ecosystem, and innovative workforce create the perfect foundation for innovators and founders as we move beyond the challenges of the 2022 crypto winter. The UAE is playing a pivotal role by implementing initiatives such as the Central Bank Digital Currency Strategy, known as the Digital Dirham, establishing the Virtual Assets Regulatory Authority (VARA) in Dubai, advancing the Dubai Blockchain Strategy, and launching the Dubai AI & Web3 Campus by DIFC. Notably, the campus announced specialized commercial licenses for AI and Web3 projects, further accelerating the adoption of blockchain solutions and the proliferation of digital assets within the economy. The summit will unite over 2,000 web3 decision-makers and will also include the regional finale of the Startup World Cup, organized by the globally acclaimed US-based venture capital firm Pegasus Ventures. The winner of this competition will have the opportunity to present at the global finals held in San Francisco, with the chance to secure a funding prize of US$ 1 million. Don’t miss out on the opportunity to be a part of #WBSDubai, where forward-thinking ideas and transformative solutions will be shaping the future of the global web3 ecosystem. Engage with leading experts, visionary entrepreneurs, and industry pioneers who are shaping blockchain innovation. This summit will unveil the latest trends and advancements in the field, offering a platform for accessing funding opportunities, expert guidance, and invaluable networking. Amongst the notable names attending the event: Charles Hoskinson, CEO & Founder, Input Output Global | Cardano Frederik Gregaard, CEO, Cardano Foundation Shogo Ishida, Co-CEO, Middle East & Africa, EMURGO Julian Banks, CEO, Univox The Summit features engaging keynote speeches, panel discussions, and presentations from some of the leading voices from the blockchain and web3 space. The agenda will cover key topics, including: Value creation in the metaverse NFT market overview: Trends & opportunities Bridging DeFi and CeFi DAOs: A business-building opportunity Regulation of crypto assets and more Registration for the World Blockchain Summit Dubai is still open. Seize the chance to book your slots today and prepare to be a part of another thrilling blockchain and crypto event of the year. Don’t let this opportunity slip away!! The Dubai edition of the World Blockchain Summit is presented by: Lead Sponsor: – Unicoin After Party Sponsor: – Legacy Network Platinum Sponsor: – Zeebu Silver Sponsors: – Qlindo, Core, Sui Galileo Protocol Bronze Sponsors: Innes Global, Sastanaqqam, Yardhub, Mimo Pitch Partners: Cryptounity, Umma Life Association Partner: Arabs in Blockchain About World Blockchain Summit (WBS) World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto, and Web3 ecosystem globally. WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others. About Trescon Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients. To book your tickets, visit: https://bit.ly/get-passes-wbs-dxb-pr3 For inquiries, Contact: [email protected] For media inquiries and further information, please contact: Shadi Dawi Director, Public Relations & Partnerships – MENA [email protected] +971 55 498 4989 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.