The Avalanche blockchain will be integrated by the blockchain horse racing game NEOBRED, according to an announcement. Through the integration, NEOBRED will be able to provide gamers with lightning-fast, inexpensive gaming that offers an excellent web3 gaming experience. In order to build the quickest stable possible in NEOBRED, players must breed and train their horses. After that, they may race their horses and get rewards for winning in the top ranks. Players may create the ideal horse by choosing horses with advantageous genetic combinations, then train it hard to further improve its qualities. Following retirement, every NEOBRED horse turns into a GENE that carries on its performance and may be combined with DNA to produce new progeny generations. Some gamers specialize on certain areas like racing, breeding, or training, while others aim for the whole gaming experience. This will help maintain a thriving in-game economy where there is a high demand for the finest horses. Based on time-to-finality, Avalanche is among the quickest smart contract networks. Its low fee environment is supported by its scalability and throughput, making it one of the most affordable blockchains out there. With these qualities, it is the perfect platform for NEOBRED, which is dedicated to provide its gamers seamless, trade-off-free web3 gaming. NEOBRED is scheduled to release later in 2023’s fourth quarter. Visit the NEOBRED website to learn more about NEOBRED and its integration with Avalanche.

With funding from angel investors connected to LVMH and Hugging Face, 1337 aims to invent ways we engage with AI for good. NEW YORK–(BUSINESS WIRE)–1337, a generative AI platform committed to connecting niche communities through hyper-personalized interests, has emerged from stealth today with the announcement of a $4 million pre-seed round. Investors include Credo Ventures, GFR Fund, Treble Capital, Roosh Ventures, and individuals including Hugging Face CEO Clément Delangue and impact investor Natalia Vodianova. Pronounced “Leet” (a nod to early gaming and hacker culture), the company also unveiled an ecosystem of AI-driven micro influencers, known as ‘Entities.’ Each Entity has a unique set of skills and interests and aims to connect, educate and inspire niche communities online. Today, 1337 is debuting 50 new Entities in beta, and a global creator community for co-creating future Entities. 1337 plans to use the new funding to develop a scalable platform that will facilitate the expansion of its Entity ecosystem to thousands of niche communities in the near future, while also broadening its global creator community. 1337’s funding comes at a time of profound growth and excitement for the Digital Human Economy, which Gartner forecasts will evolve into a $125 billion market by 2035. “Niche communities collectively represent a massive audience of people online,” said 1337 co-founder and CEO Jenny Dearing. “1337 is building a new way for these deeply engaged community members to collaborate and interact with each other thanks to the addition of multimodal large language models. We view the Entities we’re creating as guides, to help facilitate greater connection between people and communities, and later, directly between communities and brands.” The 1337 leadership team includes Jenny Dearing, Robin Raszka, Jan Maly and key strategic advisors including Bailey Richardson, former Head of Community at Instagram, who currently leads both Marketing and Community at Substack. 1337 founder Robin Raszka previously founded Alter, a consumer AI startup that he created in 2017 with a $3 million seed round and sold to Google in 2022 for $100 million. Before Alter, he was a product designer at AI startup Summly, which was acquired by Yahoo for $30 million in 2013. “In the future of social media, we’ll witness a shift towards hyper-personalization and the co-creation of synthetic content—inspired by open-source principles—simulating the digital pulse of these AI Entities with the human soul. 1337 Entities are pioneering this shift,” said 1337 founder Robin Raszka. “We are inventing ways people engage with AI, creators, and brands, for good.” With this new funding, 1337 is fueling the creation of a more vibrant online community to help build a future where everyone is celebrated and supported. “Today, some of the most dynamic applications of LLMs and diffusion models are found within the realms of human creativity and connectivity. This supports our conviction that the next wave of AI will have a significant impact on the social media landscape, affecting creators, followers, and advertisers alike,” said General Partner at Credo Ventures and Investor, Karolina Mrozkova. “We’re very excited to support Robin, Jenny, Jan, and the entire 1337 team on their mission to revolutionize content creation and connectivity in the world of social media and beyond.” For more details, visit https://1337.org About 1337 1337 is a generative AI platform committed to connecting niche communities through hyper-personalized interests. Through its AI-driven Entities, 1337 is providing a new way to co-create with AI, championing an open-source-inspired approach that encourages people to engage with creators, brands and each other in a collaborative fashion. Contacts [email protected]

The cryptocurrency space is indeed full of surprises. Recently, an emerging meme coin called $MEME, which has no roadmap or utility has already raised over $11 million in its ongoing firesale. Memecoin (MEME) Achieves A Major Milestone With Firesale MEME is an Ethereum-based memecoin that operates under the ERC-20 network, with a total supply of 69 billion MEME tokens. The token was designed by a web3 startup called Memeland and launched by the team that worked on 9GAG. According to the Memecoin fire sale page, the brand new meme coin reportedly sold over 11.4 billion MEME tokens selling at $0.001 in its ongoing firesale. This indicates a significant 150% surge, beating the team’s expectations from the very beginning. The token’s active firesale which has amassed over $11 million already has done this despite being a waitlist-only sale. In line with Memecoin’s whitepaper, the team highlighted that the token “has no functions, no utility and no intrinsic value, no promise or expectation of any financial return, profit, interest or dividend.” The team further asserts that in regard to the Memeland ecosystem, the Memecoin does not represent “any entitlement to any voting rights.” However, despite the meme coin not having a roadmap, utility, and future return, it did not sway crypto investors from purchasing the meme coin. In addition, the crypto community is still eager to buttress the startup, demonstrating crypto investors’ trust and faith in the new meme coin. According to data from MEME’s tokenomics, it was revealed that the first 2.7% of the total supply of the MEME token will be released on October 27. Meanwhile, the remaining portion will be “unlocked daily over the course of eighteen months.” Meme Coin Captures Crypto Investors’ Interest The cryptocurrency community’s interest in the newly introduced MEME token can be traced back to the future profit potentials of meme coins. Meme coins can offer huge investment returns for investors, although they can also be risky for those who do not engage in proper research before investing in the tokens. One notable meme coin that has garnered huge returns for investors and produced hundreds of millionaires in the 2021 bull run is the Shiba Inu (SHIB) meme coin. Related Reading: The Battle of Memecoins: EverLodge vs Shiba Inu – Which Holds the Key to Success? The Dogecoin rival was launched in 2020 but later rose to fame in 2021 after significant price surges. The token has managed to remain a vital meme coin to this day. The Shiba Inu was launched with an initial price of $0.000000001009, according to CoinMarketCap. By May 2021, the token was traded at $0.00003469, indicating an over 10,000% surge in price. The token is the currency being traded at $0.000008 as of the time of writing.

Bitcoin is facing resistance at its yearly high of the $35,000 mark amidst a few days of eventful price action. Right now, all things seem poised for a retracement, considering past price action of the cryptocurrency after sudden price surges. However, according to some crypto analysts, Bitcoin is currently trading at a high premium. This means its price is inflated right now due to all the excitement and media attention. Data from crypto behavior analytics Santiment has shown euphoria regarding Bitcoin among investors on social media posts. This euphoria has occasionally preceded a decline in the price of BTC. MN Trading analyst Daan Foppen warns that the cryptocurrency is currently trading at a significant premium, noting the best time to buy is at a discount price. Analyst Recommend Waiting For The Next Dip To Buy Bitcoin’s current surge can likely be attributed to FOMO from investors regarding the approval of spot Bitcoin ETFs. This FOMO was reinforced by the emergence of BlackRock’s iShares Bitcoin Trust on the DTCC website. The Bitcoin Trust was removed from the DTCC website without explanation, leading to an ongoing consolidation and a pause in the price surge. However, the listing has since returned, with slight changes. Although analyst Daan Foppen credited this recent Bitcoin price spike as a good sign for bulls, he warned that the price is “currently trading in a bearish monthly fair value gap (FVG).” A good step right now is to keep an eye on the monthly close for a potential change in a scenario that will show the next direction after the current consolidation. Foppen believes a monthly close that is higher than $31,800 will solidify the beginning of a longer-term bullish momentum, while a close below the $31,800 mark will prove the bears are still in control. “We had a convincing break above the most recent high of 31.8K which is crucial for further upside momentum. If we close the candle like this, we can say that we have printed another higher high. If we close below 31.8K, my thesis will change from bull to bear, but for now, we have nothing to worry about,” Foppen said. According to Foppen, a better strategy before buying it is to wait for discount prices at previous resistance levels. The analyst made this analysis by sharing various BTC price charts on different timeframes. While examining the 1-hour timeframe, he noted the best discount price for cautious traders could be at the “untested order block around $31,000, which is in line with the previous range high.” What’s Next For Bitcoin? At the moment, Bitcoin is trading at a premium, meaning it’s on the higher end of its typical range. However, considering the volatility and still-nascent phase of the crypto industry, it can be somewhat difficult to use Bitcoin’s past performance to predict future outcomes. Bitcoin is up by 22.30% in a 7-day timeframe, but the 24-hour trading volume dropped by 27.48%, indicating that the price increase may be beginning to level off. However, there’s certainly a very strong price spike in the near future. Adam Back, the CEO of Blockstream, is of the opinion that the digital currency now possesses sufficient fundamentals to propel it past the price point of $100,000.

The crypto market is constantly in motion; there is a potential shift in SHIB and its position in the nascent sector. An analyst presented a bullish case for PEPE, which could directly impact SHIB’s position in the meme coin market. As of this writing, PEPE has considerably outperformed SHIB and other memecoins. PEPE records a 14% increase in the last 24 hours alone and a 90% increase over the past two weeks, while SHIB records an 18% profit over the same period. SHIB Investors Should Fear PEPE’s Impact? An analyst believes that PEPE’s current price action will extend beyond the early stages of the current Bull Cycle, following a successful break out beyond the 7730 and 8127; as seen in the chart below, the cryptocurrency hit a critical resistance level. The analyst stated: However, the analyst believes that PEPE’s rally is barely starting. The cryptocurrency reclaimed an important area and could continue to climb beyond its all-time high and into uncharted territory during the bull cycle. Altcoins To Watch In Upcoming Cycle PEPE is one of the altcoins the analyst is keeping an eye on. In addition to the meme coin, the trader expects the NFT and staking sectors to bloom in the coming months. Apecoin’s APE and LidoDAO’s LDO have been rallying due to the current bullish momentum in the market. LDO alone could hit the $2 target in the short term and continue its run higher into the $3 territory. Other cryptocurrencies to watch if these sectors trend to the upside are ETH, DOGE, BLUR, and ORDI. On APE, the analyst stated: As of this writing, APE is trading at $1.3 with a 25% profit in the past two weeks. Cover image from Unsplash, chart from Tradingview

Bitwise seems to have made the adjustments in response to concerns raised by the SEC. If the SEC approves the proposal, the product will be listed under the symbol $BITB. Bitwise has resubmitted its Spot Bitcoin ETF proposal after making certain changes to it. The United States SEC provided input and asked questions that led to this determination. The new plan is consistent with expectations, according to social media postings by ETF industry expert James Seyffart. According to Seyffart, Bitwise seems to have made the adjustments in response to comments and concerns raised by the SEC, with many of the modifications being similar to those made by other applicants in recent weeks. The Bitwise product’s ticker has been revealed, for example. If the SEC approves the plan, the product will be listed under the symbol $BITB. All Eyes on Approval Bitwise has shown unrelenting dedication over the years to the introduction of a spot Bitcoin ETF. Bitwise Asset Management and NYSE Arca filed a proposal with the SEC to create an exchange-traded fund (ETF) in October 2019, however the SEC rejected the application. Market manipulation and other unlawful conduct were major factors in the SEC’s judgement. Bitwise’s chief investment officer, Matt Hougan, has recently come around to the industry consensus that a spot Bitcoin ETF would be approved. The CIO made an analogy between what occurred to gold’s price when the precious metal obtained its first exchange-traded fund (ETF) in the US in 2004 and what may happen to BTC. Hougan recently said that Bitwise’s main goal is to teach people in the conventional banking industry about Bitcoin. The Bitcoin price has been witnessing strong upsurge on the anticipation of a spot Bitcoin ETF approval. Highlighted Crypto News Today: Ethereum Price Continues Bullish Momentum; Eyes $2000 Level

LAS VEGAS–(BUSINESS WIRE)–$AGREE #617000_sq_foot_data_center—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), is pleased to announce that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) has successfully completed unit testing on critical infrastructure components necessary to meet the power demands of high-performance computing (“HPC”) and artificial intelligence (“AI”) applications. Sentinum is now fully prepared to deploy and provide support for enterprise-class servers and storage devices through its subsidiary, Alliance Cloud Services, LLC. These services will be delivered from Sentinum’s state-of-the-art data center, located within a 617,000 square foot facility on a 34.5 acre site in southern Michigan. Positioned strategically near power production sites, the Michigan data center has a current capacity of approximately 28MWs of power that is energy efficient, with the potential for future upgrades to reach approximately 300MWs. William B. Horne, Chief Executive Officer of Ault Alliance, expressed, “This marks another crucial step in our strategy to diversify the offerings available through our Michigan data center. While Bitcoin mining remains a core focus for Sentinum, our adaptability positions us to seize growth opportunities within the broader data center market.” Sentinum’s goals includes further expansion into non-mining data center services through systematic, success-driven investments in additional infrastructure and computing equipment. This expansion would be expected to support the rapid growth of HPC and AI use cases. Sentinum plans to work with third parties to include various hardware components from suppliers like Nvidia and AMD in computing configurations capable of addressing multiple HPC and AI infrastructure requirements. Milton “Todd” Ault, III, the Company’s Executive Chairman, stated, “We aim to provide a range of service options tailored to our customers’ needs, rather than a singular, one-size-fits-all solution.” Additionally, Sentinum plans to offer colocation and hosting services to enterprise clients and large-scale cloud service providers (often referred to as “hyperscalers”) with significant power density needs. Sentinum has not entered into agreements to expand the power capacity at the Michigan data center. The ability to expand is subject to several factors including, but not limited to, its ability to acquire financing on acceptable terms, the ability of Sentinum to expand the facility’s infrastructure, entering into the service delivery agreement with the power company as well as purchasing and installing transformers, step-down units, switches, and cables. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.Ault.com. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.Ault.com. Contacts Ault Alliance Investor Contact: [email protected] or 1-888-753-2235

Amid the significant bull run, the SOL price is up 33.61% in the last 7 days. If the price goes below $30.2 mark then it will likely head towards the $28.3 support level. The recent Solana (SOL) transactions made by defunct crypto exchange FTX have garnered a lot of attention. PeckShieldAlert reported today that a whopping 470,000 SOL tokens worth $15 million were moved to an address affiliated with FTX on Solana and labelled as cold storage. The funds were partially transferred to CEXs like Binance and Coinbase. Wintermute, a leading worldwide algorithmic trading company, received $2.5 million in cryptocurrency and other assets from another cold storage tagged address for FTX on Ethereum. However, several experts advise against jumping to conclusions, since the hosting venues might only be providing custodial services for the troubled crypto trading platform. Significant Bull Run The latest research from CoinShares provides insight into the shifting currents of the altcoin market. Information suggests that Solana has taken the lead among altcoins. According to the research, Solana had the second-highest inflow of any cryptocurrency, at $15.5 million last week, behind only Bitcoin. As a result, it has reached an annual total of $74 million. Source: CoinMarketCap At the time of writing, SOL is trading at $32.10, up 0.10% in the last 24 hours as per data from CoinMarketCap. However, the trading volume is down $3.70%. Amid the significant bull run, the SOL price is up 33.61% and 65.41% in the last 7 and 30 days respectively. If the price continues the uptick and holds above the $30.2 support level, then it will likely test $36.9 level. Breaking over this key level, will likely see price testing $45.6 resistance level. However, if the price goes below $30.2 mark then it will likely head towards the $28.3 support level.

The price of ETH has increased by about 19% in the previous 7 days. If price goes below $1770 level, then it will likely test $1671 support level. Many altcoins are benefiting from the bullish sentiment in the crypto market caused by investors’ hopes that a Bitcoin ETF would be approved in the United States. According to statistics from CoinMarketCap, the price of ETH has increased by about 19% in the previous 7 days. Moreover, it has since found stability above the key psychological threshold of $1,800. Wednesday marked a new 30-month high for Bitcoin’s (BTC) share of the cryptocurrency market, as BTC continues to outperform other altcoins. The BTC Dominance rate, which compares the market capitalization of the largest cryptocurrency to that of the entire digital asset market, recently hit 54.4%, its highest level since the euphoric bull run of April 2021. Over the previous month, data reveals that BTC’s price increased by 31%. Meanwhile, ETH only gained 15.72%. Bitcoin’s price has doubled this year, while Ethereum’s has increased by almost 50%, but the difference is even more glaring when looking at the big picture. Bulls in Control At the time of writing, ETH is trading at $1842, up 3.95% in the last 24 hours as per data from CoinMarketCap. However, the trading volume is down 10.45%. Source: CoinMarketCap If the ETH price manages to maintain the current momentum and goes past the $1906 resistance area then it will likely go all the way till $2000 resistance level. Breaking above this mark, will likely drive the price to test $2123 resistance level. On the other hand, if ETH price goes below $1770 level, then it will likely test $1671 support level. Further decline will likely see price testing $1610 support area.

Through bull and bear rallies, crypto analysts have always given their forecast for where the price of a crypto like bitcoin might end up. Mostly, this is the norm, but one analyst has taken a deeper dive into the coin to give an in-depth analysis of Bitcoin’s upward rally. The analysis touches on multiple indicators, as well as the widespread acceptance that BTC has been gaining recently. Bitcoin Price To $70,000 The analysis shared on TradingView shows a different side of the market that has previously been untapped. The analyst who goes by ArShevelev identifies the period between March and August as the ‘Stealth Phase’, which is likely where most of the accumulation occurred. Next, the crypto entered into the ‘EW Channel’ which looks like it served as a bounce-off point for the rally. From here, it has been an easy coasting upward reaching above the $34,000 mark. But this is where things start to get interesting. At this level, the analyst predicts a pullback in the price. This pullback from $34,000 sends the price falling back down to as low as $31,000 before the rally starts up again. The end of this retest leads to the top of the third wave where the price reaches as high as $50,000, before another pullback again. This sent the price back down to the $35,000 mark once more to mark the fourth wave before bouncing up again into the fifth wave. Now, at this point, the analyst sees ‘Media Attention’ entering the game (presumably mainstream and traditional finance media), and the lift-off from this level reaches the $70,000 mark. Factors To Drive The Momentum The crypto analyst presents seven major factors that are behind the predicted Bitcoin momentum leading into a bull market. For starters, the first is the same as everyone expects – the almighty Bitcoin Halving. This event is undoubtedly the most bullish in Bitcoin’s history and a repeat of it is expected to kickstart the bull market. Next on the list is the Impulse Structure and Rising Channel where the analyst believes that the BTC price is “painting a compelling picture on the daily timeframe.” This leads to the Third Wave Speculation as already explained above. The analyst believes the market is in the third wave, with the fourth being a pullback and the fifth leading above $70,000. Fourth on the list is the Wyckoff Accumulation Pattern in which Bitcoin is already showing strength. Then there is the Bollinger Bands Width Squeeze which has dropped to 2014 levels. “This rarity accentuates Bitcoin’s growth potential, serving as a strong indicator for investors,” ArShevelev says. The sixth factor is the Historical Comparisons where the current price action is compared to previous market trends. The 2023 bear market looks more like the 2015 bear market as the analyst points out, and this could see an almost 100% jump in price as it did in 2015. This would put the Bitcoin price above $50,000. Last but not least is Institutional Interest which has been on the rise lately. Mostly, this has been driven by the enthusiasm around BlackRock, the world’s largest asset manager, filing for a Spot Bitcoin ETF and possibly bringing Bitcoin into its over $8 trillion portfolio. ArShevelev explains that a Spot Bitcoin ETF “promises to be a game-changer” due to its ability to bridge TradFi to crypto and allow more money to flow into Bitcoin. “The ETF’s advent not only signifies regulatory acknowledgment but also invites a wave of retail participation,” the crypto analyst said. “The anticipation is that as we approach the holiday season, institutional investors will further solidify this upward trajectory.”

The world of gaming has witnessed significant transformation thanks to blockchain technology. Digital tokens are now at the forefront of these changes, underpinning in-game assets, economies, and governance systems. The evolution of iGaming tokens showcases the rapid integration of blockchain technology into the online gambling industry. The thriving journey began with Bitcoin in 2010-2015, moved on to Ethereum’s ERC-20 and the ICO frenzy in 2016, then advanced with gaming tokens and Play to Earn adoption in 2018. Currently, it embraces DeFi and NFTs from 2020-2021. The rise of cryptocurrency in the casino sector is attributed to its special diverse features, such as its secure and anonymous nature, faster transactions with lower fees, privacy, and other lucrative benefits. Fairspin, an innovative gambling platform, has been pivotal in reshaping the iGaming landscape by introducing its own TFS Tokens. This reputable cryptocurrency provides exciting earning opportunities and a transparent gambling experience backed by blockchain technology. Establishing TFS Tokens has brought exceptional benefits for players, allowing them to accumulate rewards while enjoying their favorite casino games. The TFS Tokens can be redeemed for bonuses and exclusive offers, enhancing the gambling experience. Crypto Era: Token Market in Focus Tokens are not just digital currencies – they’re reshaping how we perceive value, community, and ownership in the gaming sphere. It’s an exciting era where cryptocurrencies or tokens are integral to crypto games. The global blockchain gaming market is projected to reach approximately $65.7 billion by the end of 2027, with a compound annual growth rate (CAGR) of 70.3% from 2022 to 2027. The number of unique active wallets (UAWs) in blockchain games reached 912K in the third quarter of 2022, representing 48% of all blockchain-industry UAWs. iGaming tokens improve the gaming experience by enhancing rewards, engagement, and fairness. They enable loyalty programs, ensure transparency, facilitate in-game purchases, and promote cross-game usability, giving players a say in game development. In traditional gaming, developers hold complete control, limiting gamers’ asset rights and value retention. Crypto gaming, backed by blockchain and tokens, empowers players with actual ownership, peer-to-peer transactions, asset scarcity verification, and cross-game value potential. The integration of cryptocurrency in the casino sector brings significant advantages: Enhanced privacy and anonymity Secure transactions Faster and cheaper transaction Global accessibility Innovation in gaming Flexible betting Potential investment avenues Decentralized nature TFS Token Secrets: Start Earning More Implementing blockchain technology into online gaming has transformed how players earn rewards using TFS Tokens, showcasing its innovative potential. Within the Fairspin ecosystem, the TFS Token is incorporated in several ways, providing users with numerous benefits: Staking Programs: TFS Token offers staking programs, providing additional ways of earning for token holders. Play to Earn Program: This program is designed to reward users for their platform activity. It also introduces the concept of “rakeback rewards” for players, enabling them to earn rewards from both winning and losing bets. Hold to Earn Program: The Hold to Earn integration enables users to hold their TFS Tokens with the prospect of additional rewards. Buyback Model: Fairspin uses a deflationary model to boost the token price and control the TFS Token supply, which helps maintain a positive impact on its price. These advantages collectively promote heightened user engagement, making TFS Token an exceptional choice among other iGaming tokens. Easy Profit Booster: Liquidity Staking Basics Liquidity staking in decentralized finance (DeFi) involves users depositing their tokens into a liquidity pool on a decentralized exchange (DEX). In return, participants receive rewards, typically in the form of additional tokens. The importance of liquidity staking spans various aspects: Liquidity staking prevents market price fluctuations during token pair transactions, maintaining trading market stability. Enhanced liquidity reduces the discrepancy between expected and executed trade prices. This feature attracts traders to DeFi platforms and sustains price stability. Liquidity staking supports decentralized exchanges, fostering their reliability and flexibility and, consequently, contributing to the broader growth of the DeFi sector. “Engaging in liquidity staking offers participants passive income streams, including rewards such as transaction fees and bonus tokens. Additionally, TFS holders have control over their assets, determining stake amounts, durations, and withdrawal preferences,” – comments from Ethan, TFS Community Manager. Your Fairspin Ticket to Wealth Fairspin users can participate in Liquidity Staking by staking TFS Tokens alongside USDT (Tether) stablecoins within TFS-USDT pools on the PancakeSwap DEX, increasing the liquidity in these pools. Liquidity Staking at Fairspin offers a unique reward structure directly linked to the Gross Gaming Revenue (GGR) generated by the casino. Participants in the liquidity pool receive rewards through three key mechanisms: Transaction Fee Rewards: Liquidity pool participants receive a share of transaction fees from their staked token pairs, a standard reward in such models. TFS Token Rewards :Fairspin allocates a specific quantity of TFS Tokens as rewards for liquidity providers. The longer participants stake their tokens and the greater the number of tokens staked, the higher their potential rewards become. GGR-Based Rewards :A proportion of the GGR generated by Fairspin is distributed among stakers. This means that as the Fairspin platform expands and generates more revenue, stakers can potentially earn higher rewards. Fairspin uses a structured reward system that increases the reward multiplier based on the duration of TFS Token staking. Participants who stake for more extended periods stand to earn more. For example, for stakes lasting less than seven days – 0.3 multiplier, for staking beyond seven days – 0.6 multiplier, and for stakes lasting 30 days or more – a multiplier of 1. Maximum rewards are granted to participants who stake their TFS Tokens in the pool for over a month, with the multiplier reaching its peak. These users can anticipate earning up to 0.5% of Fairspin’s GGR. However, any partial withdrawal from the pool, regardless of the amount, resets the multiplier to 0 and the duration to day 1. Importantly, Fairspin’s Liquidity Staking has no minimum or maximum staking periods, allowing users to withdraw or leave their tokens staked, ensuring ongoing rewards without expiration risk. Game On, Cash In, Repeat Reflecting the growing industry trend, Fairspin integrated a special Play to Earn program, setting it apart from conventional online casinos. This innovative system lets players earn TFS Tokens while enjoying their favorite games. Unlike traditional models that offer rakeback only for losing bets and payout periodically, Fairspin provides instant rakeback, irrespective of the bet’s outcome. Placing bets in games on the platform earns players TFS Tokens, with the amount varying based on the game and bet size. 500% APR: Make Your Money Work Risk-Free Fairspin launched a unique multi-level loyalty program through TFS Token, combining enhanced gaming and gamified income. In the Hold to Earn program, users stake tokens risk-free to earn passive income at attractive interest rates. Staking durations are flexible, with options of 3 days, 1 day, or 8 hours, and earnings are tied to the number of tokens staked and Fairspin’s revenue during that period. Participants can enjoy an impressive 500% average annual percentage rate (APR), a substantial contrast to the meager rates offered by traditional banks. TFS Token holders also benefit from time-bound rewards, varying with staking periods and tied to the casino’s earnings. For instance, holding tokens for eight hours yields 1% of the casino’s income, one day results in 2%, and three days – 0.5%. Furthermore, the reward pool distribution depends on the number of participants, offering more significant payouts for fewer users. Additionally, users can reclaim tokens during non-reward periods, capitalizing on profitable casino phases. Earning Big in iGaming: Join the TFS Token Revolution TFS Token is an integral part of the Fairspin working project that has started a new era of opportunities in iGaming. Staking TFS Tokens means becoming part-owners of the casino, allowing holders to earn a guaranteed share of its profits. It’s an innovative concept that adds a new dimension to traditional gaming – similar to owning shares in a company, but with the excitement of gaming. Notably, all TFS Token transactions are recorded on the blockchain. This technology provides unrivaled transparency and accountability, ensuring easy verification of the users’ TFS assets and returns. It’s a fresh and secure approach to gaming and investment, offering a glimpse into the future of online entertainment. Take advantage of these prospects and become a part of the ongoing revolution in the iGaming industry. Join the thriving Fairspin community and explore the variety of earning possibilities in the world of blockchain gaming.

Elliptic stated it contacted the WSJ to clarify a previous statement over huge funding. The analytics firm denied claims that Hamas had received large crypto donations. According to Elliptic, a blockchain analytics company, there is “no evidence” that Hamas is using crypto donations to finance attacks against Israel. Elliptic issued a statement on October 25 denying claims that Hamas had received large amounts of cryptocurrency donations. “Remain tiny,” the company said of the funds raised. The statement from Elliptic was meant to be a reaction to previous stories and letters from the WSJ and U.S. politicians, who, according to Elliptic, utilized skewed statistics to support the claim that crypto is frequently used to finance Hamas’ “terrorist” operations. National Security Threat Claims Elliptic cited the $21,000 received by a “prominent” crypto fundraising drive for Hamas, run by Gaza Now, a pro-Hamas news portal, following Hamas’s assault on Israel on October 7. The blockchain forensic platform noted that $9000 of the $21,000 raised was frozen by USDT stablecoin issuer Tether, and another $2000 was frozen after being sent to a crypto exchange. Elliptic stated it contacted the WSJ to clarify a previous statement that stated Hamas and Palestinian Islamic Jihad had raised over $130M in crypto between August 2021 and June 2023. On October 10th, the WSJ updated its initial report to read “as much as $93 million.” On October 17, Elizabeth Warren and more than a hundred other U.S. lawmakers sent a letter to the White House and the United States Department of the Treasury, referencing the WSJ article. Warren and other legislators argued that crypto is a “national security threat” to the United States and its closest allies, and that “strong action” was needed from Congress and the Biden administration. Highlighted Crypto News Today: Grayscale’s GBTC Soars 220% in 2023 Amidst ETF Conversion Prospects

Solana (SOL) has been on the tip of many crypto enthusiasts’ tongues lately and with good reason. The vibrant ecosystem, strong partnerships, and a skyrocketing SOL price have given investors plenty to mull over. Here are four (new) reasons why you should lend Solana your attention. #1 Solana And The US Regulatory Landscape Solana’s prospects in the US seem to be intertwined with unfolding regulatory decisions. Vibhu Norby, founder of Drip Labs, today shared notable and positive insights from a recent Crypto Policy Bootcamp, tweeting, “Takeaways from Crypto Policy Bootcamp in D.C. … Most agreed Gensler is an outlier, lots of folks in Congress support crypto and clear rules, and everything is going to be fine. Just slow.” This suggests a broader acceptance and understanding of crypto within the legislative chambers. One of the key points Norby highlighted was the collaborative efforts between the Solana Foundation and Polygon Labs. He shared, “Solana Foundation and Polygon Labs are working together (!) to secure better policy.” Norby also touched upon the ongoing lawsuit between the SEC and Coinbase, asserting, “SEC vs. Coinbase is the most important case right now in the US. A few opinions from smart lawyers think Coinbase probably wins against the SEC before Q2 next year. But nobody knows of course.” The ramifications of this case could have broad implications, especially for tokens like Solana (SOL) that have been pulled into regulatory scrutiny. Given the SEC’s allegations against Binance and Coinbase for selling unregistered securities, including SOL, a favorable outcome for Coinbase might positively impact Solana’s standing in the US and ultimately its price trajectory. #2 Solana’s Potential Blue-Chip Evolution The constant comparison between Ethereum and Solana has given rise to debates in the crypto sphere. However, the increasing attention Solana has garnered, especially from venture capitalists (VCs), has lent credence to the belief that it might soon join the ranks of blue-chip assets. Raj Gokal, co-founder of Solana, recently hinted at a shifting attitude amongst VCs towards Solana. In response, Chris Burniske, analyst and partner at Placeholder VC, predicted a change in perception among VCs – moving from avoidance to eagerness in investing in Solana projects. Burniske further confirmed a user’s query regarding Solana’s potential to attain Ethereum-like prominence, suggesting that in places like India, Solana already enjoys a reputation similar to Ethereum’s. He stated: #3 Rising Institutional Interest Recently, the institutional tide appears to be turning in favor of Solana. Sasha Fleyshman, a notable portfolio manager at Arca, expressed his initial hesitation towards Solana in a tweet, stating, “For what it’s worth Raj Gokal, Chris Burniske, I haven’t really seen too much in the pipeline to even consider for investment from the Solana side of the ecosystem.” This sentiment, once widely echoed within the institutional realm, seems to be undergoing a change. “I think party lines were drawn on both sides [Ethereum and Solana]- as for us, we are open to taking looks, but unsure how to get that started,” Fleyshman revealed. A deep dive into recent data also shows Solana’s growing allure among institutional investors. Solana (SOL) has seen the strongest influx of capital among all crypto assets in recent weeks. Per CoinShares’ weekly digital asset investment products report, SOL has been the darling of institutional investors. The latest CoinShares report indicated a significant surge in capital inflows towards Solana. In just one week, Solana attracted a substantial $15.5 million, starkly juxtaposed against Ethereum’s outflows, which stood at $7.4 million for the same period. Such a bullish institutional endorsement is further amplified when considering the year-long metrics. Solana’s Assets under Management (AuM) for the year have burgeoned to a remarkable $74 million, marking a surge of 47%. In comparison, Ethereum’s outflows have amounted to $119 million year-to-date. #4 Bullish Chart Setup The Solana (SOL) chart is extremely bullish and one of the strongest in the entire altcoin market right now, with a performance of +240% year-to-date. At press time, SOL was trading at $32.14 after establishing a new high for the year yesterday at $33.87 yesterday. The SOL price has broken out of the triangle formation and is in the process of establishing a new trading range above $30.61. If SOL defends this level in the coming days and weeks, a rise to the next key resistance area at $47.21 could be on the cards.

GBTC shares have risen 220% this year, reaching $26.79. All eyes are now on the SEC and its decision which would act as a catalyst. The benefits of Grayscale Investment’s bitcoin trust (GBTC) as a long-term investment are widely acknowledged by market professionals and analysts, who are thus optimistic. The price of GBTC could continue to climb as the discount decreases. And the prospect of SEC approval of the ETF conversion grows. As the likelihood of ETF clearance by the SEC rises, investors may begin to alter their approaches. Bitcoin may benefit from this since it may see less selling pressure. Crypto investors and market observers alike are keeping a close eye on the U.S Securities and Exchange Commission (SEC). And any regulatory moves that might affect their holdings. Those who bought shares of GBTC in early January, when the crypto sector was in a state of despair, have been highly compensated. Investors Optimistic TradingView, reports that GBTC shares have risen 220% this year, reaching $26.79. In contrast to the collapse of more conventional fixed-income securities like government bonds, Bitcoin has doubled this year to $35,000. The superior performance of GBTC coincides with expectations that the Grayscale Bitcoin Trust would be approved as a bitcoin ETF by the United States SEC. Traders have been purchasing GBTC shares while hedging the risk of decline by selling BTC in the spot/futures market. Thus, causing the discount in the GBTC shares compared to the trust’s NAV to narrow to 13% from 46% this year. Once the conversion is finished, market makers will likely adjust the price back to its NAV. All eyes are now on the SEC and its decision which would act as a catalyst to further boost BTC price and investor’s interest. Highlighted Crypto News Today: Bitcoin Bulls On The Rise: New Highs Coming?

HANOI, Vietnam–(BUSINESS WIRE)–#FPT–FPT Corporation (FPT) organized its biggest annual tech event – FPT Techday 2023 – as a momentous occasion for FPT in celebrating its 35th anniversary. The event, which attracted 10,000 attendees, showcased FPT’s commitment to innovation and its vision of “building a happier future”. FPT Techday, organized for the 11th consecutive year, has become one of Vietnam’s most renowned tech expos, bringing together government officials, business leaders, technology experts, and enthusiasts. The two-day event featured an exhibition and tech conferences, focusing on demonstrating a happy journey for digital citizens (D-citizens). FPT also presented its ecosystem of products and services that cater to every D-citizen’s needs in terms of essentials, education, lifestyle, working, manufacturing, and future outlook. This “Made-by-FPT” ecosystem was presented in an exhibiting area of 8,000-meter squares, along with the products and solutions from some of FPT’s partners such as Schaeffler, Konica Minolta, AFLAC, SC Ventures, Olympus, NXP Semiconductors, and Ingenico Group. One of the event’s highlights is the launching of Happy Club, an AI-driven customer loyalty program developed by FPT, in alignment with the Digital Conglomerate 5.0 strategy (DC5) which aims at creating a happier future for people, success for organizations and prosperity for the nation. Sharing about the company’s vision, FPT Chairman Dr. Truong Gia Binh said: “FPT wants to create a happy journey for every individual and every business. We have an ecosystem of products and solutions that cater to the fundamental aspects of human life, including education, work, healthcare, and many more. FPT is committed to accompanying our customers towards a happier future.” FPT Techday 2023 offers opportunities for businesses and tech enthusiasts to gain more insights about a future driven by tech innovations. Its conference features business leaders, tech experts and consultants from global businesses and organizations like Landing AI, Viessman, HBR Analytic Services, NVIDIA, Aitomatic, inc., Cox Automotive, Schaeffler, IDC, Bain & Company, KDDI Digital Divergence and more. Their presentations and panel discussions cover a variety of topics such as accelerating digital transformation through scale and agility, business resilience in the challenging global environment, Vietnam’s momentum as a global digital hub and its digital economy competency, co-innovation with a technology vendor, Generative AI as a transformation accelerator, among others. During FPT Techday 2023, FPT and two of its subsidiaries, FPT Software and FPT Information System disclosed new partnerships with the world’s digital payments leader VISA and Japanese global printing TOPPAN. Additionally, FPT announced it has become a major investor in Landing AI, a US-based computer vision and AI company. These partnerships enable FPT to continue expanding across markets and improving its products and services, aiming to provide a better experience to customers and fulfill its vision of creating a happier future on a global scale. About FPT FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam. FPT operates in three core sectors: Technology, Telecommunications, and Education. During 35 years of development, FPT has constantly provided practical and effective products to millions of people and thousands of business and non-business organizations worldwide, establishing Vietnam’s position on the global tech map. Keeping up with the latest market trends and emerging technologies, FPT has developed the Made-by-FPT ecosystem of services, products, solutions and platforms, which enables sustainable growth for organizations and businesses and offers distinctive experiences to customers. In 2022, FPT recorded total revenue of US$1.87 billion and 60,000+ employees. For more information, please visit https://fpt.com.vn/en Contacts Media Mai Duong (Ms.) FPT Software PR Manager [email protected]

XRP is currently up over 14% in the last seven days, and some might argue that the altcoin is simply enjoying the euphoria of a possible Spot Bitcoin ETF approval, which has seen the crypto market resurge. However, there are other developments that the XRP community might need to be aware of, as they could cause the crypto token to continue to rally. Ripple To See More Liquidity With Latest Collaboration Blockchain company Ripple recently announced that it had partnered with Web3 financial platform Uphold. As part of the partnership agreement, Uphold is expected to provide Ripple with “enhanced crypto liquidity capabilities” to help facilitate transactions on its cross-border payments infrastructure more efficiently. The news is significant for the XRP community because Ripple uses XRP as a utility token to help process these cross-border transactions. As such, “enhanced crypto liquidity” will generally translate to more liquidity in the XRP ecosystem, which could ultimately cause a further surge in the token’s price. Xumm Wallet Records Milestone XRP-based wallet Xumm announced in a post on its X (formerly Twitter) platform that it had crossed 600,000 active users in the past three months. The wallet happens to be one of the notable ones on the XRP Ledger, as it also announced plans to introduce new functionalities that could see the number of its active users increase exponentially. In the post, Xumm mentioned that its wallet is set to become 10x more retail-friendly with the redesign they are working on. It also plans to integrate AMM and more DEX activity, which would see the wallet become 10x better. It is believed that the wallet plans to complete this integration once the AMM goes live on the XRP Ledger. Meanwhile, the wallet’s use cases will also increase as Xumm plans to incorporate XRP’s sidechain Xahua and its ‘Hooks’ feature. These developments are bullish for XRP as they will undoubtedly increase the token’s utility. NFTs Are Coming To XRP Ledger Ripple had reportedly been working on tools and services to accommodate tokenized assets and facilitate trading of these assets on the XRP Ledger. The company’s efforts seem to be already paying dividends, as SBI Holdings announced plans to issue its NFT service “EXPO2025 Digital Wallet NFT,” also known as ‘Myakoon’ on the XRP Ledger. It is believed that this development could open the door for other NFT issuers to launch their NFTs on the network. This is also more significant because of how the tokenized market is projected to grow massively to $13.6 billion by 2027. As such, XRP has the potential to be at the heart of the market when this happens.

XRP has demonstrated its resilience in the volatile world of digital assets. This week, XRP investors and enthusiasts have ample reasons to celebrate as the coin saw an impressive surge of 14.2% in its price over the past seven days, bringing it to a notable high after its last dip in August. This remarkable surge highlights the cryptocurrency’s ability to experience significant price movements within a relatively short timeframe. The upward trajectory of XRP’s price over the past week suggests an increase in investor interest or positive market sentiment, which has driven its value to levels higher than what was observed just seven days ago. At the time of writing, XRP is trading at $0.559841, with a modest 0.2% loss over the past 24 hours. One of the most significant indicators of XRP’s current performance is the overwhelming interest from buyers rather than sellers. The Volume Delta metric cited in a price analysis in highlights this trend vividly. Volume Delta essentially measures the difference between buying and selling pressure in the market, serving as a valuable gauge for traders seeking to make informed decisions. In the case of XRP, this metric is painting a positive picture as buying sentiment dominates, giving traders the confidence to enter long positions. This surge in buying interest suggests that investors have renewed faith in the coin’s potential, as the coin has rebounded from the lows witnessed in the past. With growing adoption and an increasing number of use cases for XRP, it’s no surprise that the cryptocurrency is attracting a substantial inflow of funds. Large XRP Transfer To Bitstamp Sparks Intrigue Meanwhile, in the world of cryptocurrency transactions, a noteworthy event has piqued the interest of the XRP community. In the last 24 hours, an anonymous wallet executed a substantial transfer of 26,800,000 XRP to the major EU-based exchange, Bitstamp. This sizeable movement of XRP tokens has raised questions and fueled speculation within the crypto community. Data provided by the XRP explorer, Bithomp, has shed some light on the sender’s identity, revealing a connection to Ripple Labs, a blockchain decacorn known for its involvement in the development and promotion of the token’s ecosystem. This significant transfer underscores the confidence in its future, as well as the growing influence of Ripple Labs within the cryptocurrency space. XRP’s Resurgence Indicates Positive Market Sentiment The crypto’s recent performance showcases its ability to rebound from challenging times and regain investor confidence. With a notable surge in price over the past week, XRP has demonstrated its potential to shine in the competitive world of cryptocurrencies. The dominance of buying sentiment, as indicated by the Volume Delta metric, hints at a positive market outlook for XRP. Furthermore, the substantial transfer to Bitstamp, likely orchestrated by Ripple Labs, adds an intriguing layer to the narrative, emphasizing the ongoing commitment of key players to the success of XRP and the broader blockchain ecosystem. As XRP continues to carve its path in the digital asset landscape, investors and enthusiasts eagerly await further developments, making this cryptocurrency a compelling one to watch in the coming weeks and months. (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 FX Empire

Investors and blockchain industry leaders are set to converge for the much-anticipated FD CAPITAL Investor Day, “Chains Beyond Borders”, on November 1st, 2023 in Dubai, UAE. This event promises an engaging exploration of blockchain technology, featuring the latest updates from representatives of blockchain foundations, with insights drawn from the expertise of seasoned investors. This event features a notable lineup of speakers from the blockchain industry, with keynote speakers including Robert Edward Grant, the Founder of Crown Holdings, and Evan Luthra, a Parallel Entrepreneur and Angel Investor. Other speakers include individuals like Aishwarya Gupta, Matt Schmenk, Fabio Tomaschett, Kyle Rojas, Mehmet Buyukakarsu, and more, bringing diverse expertise representing different aspects and ecosystems within the blockchain landscape. Dariia Vasylieva, the Founder and CEO of FD CAPITAL, will moderate the event. “Our unwavering vision in the ever-changing landscape of Investments vs. Turbulence is clear: By transcending borders, we empower the community to unleash its potential and create a transformative impact in the blockchain industry and beyond, forging new investment opportunities and strategic partnerships,” Dariia Vasylieva, the Founder and CEO of FD CAPITAL said. This event is proudly supported by partners Cypher Capital, Albus Protocol, GOSH, Aureli Ventures and Romanian Business Council, as well as media partners Luna PR, IBC Group, AIBC, Pro-blockchain Media, BeInCrypto, SalAd Lab, crypto rank, TheNewsCrypto, VNTR, CoinEasy, BlockDelta, Syndika, Heir Story, MonteCrypto, Crypto Data Space, BlockBeats and more. Taking place in the Cypher Capital Hub in Dubai, this event will also be available through a special online segment via Zoom, which ensures accessibility for a global audience. The Zoom link will be sent to approved registered guests, making it a truly exclusive experience. FD CAPITAL’s mission is to empower investors with access to the fast-evolving blockchain industry, bridging the gap between traditional finance and Web3 to unlock the vast potential of blockchain technology. For more information and to secure your spot, please visit the event registration page: https://lu.ma/chainsbeyondborders2 About FD CAPITAL: FD CAPITAL is a blockchain-focused investment company that empowers investors by providing access to the rapidly evolving blockchain industry. The mission of FD CAPITAL is to bridge the gap between traditional finance and Web3, unlocking the vast potential of blockchain technology. https://fdcapital.io Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Bitcoin remarkable 23% surge sparks optimism in the market. Glassnode’s data reveals the growing trend of BTC HODLing. Bitcoin, the largest cryptocurrency by market capitalization, has sent the entire community into a joyful frenzy with its remarkable bull run, a sight unseen for over a year. Bears had held sway since the beginning of the year, thwarting the attempts of the bulls to stage a comeback. However, last week marked a significant shift, etching a historic chapter in the crypto saga of 2023. During that remarkable week, Bitcoin surged by 23%. It commenced the week with its trading price hovering around $28,000, but it shattered the $29,000 resistance level. On October 23, it soared to $34,787, followed by reaching a 17-month high of $35,292 on October 24. After a minor dip, it maintained its momentum, trading between $33,000 and $34,000. Then it surpassed $35,000 yet again yesterday, solidifying its bullish trend. The anticipation of Bitcoin ETFs has been a pivotal driver of these price fluctuations, igniting hope within the community and traders that unprecedented highs may be reached once the ETFs receive approval. A week ago, false reports of ETF approval from a popular media outlet managed to temporarily silence the Bitcoin bears, further emphasizing the significance of ETF news. Last week’s bull run can largely attribute its cause to an incident involving BlackRock’s (BLK) spot Bitcoin ETF ticker, IBTC, which temporarily disappeared from the Depository Trust & Clearing Corporation’s (DTCC) website. Although the ticker was subsequently relisted, this event generated speculations surrounding ETF approval. Moreover, a recent assessment by prominent crypto data aggregator Glassnode regarding the state of Bitcoin revealed a growing trend of “HODLing,” as over 600,000 BTC have remained dormant for the last decade. This amount surpasses the BTC available on exchanges, indicating significant market dynamics. Will The BTC Bulls Remain Stronger? A closer analysis of Bitcoin’s current price movements reveals the dominance of bullish forces. The 9-day exponential moving average (EMA) is situated below the current trading price of $32,003. Simultaneously, the daily relative strength index (RSI) stands above 70, indicating that the asset has entered overbought territory. BTC Price Chart, Source: TradingView If Bitcoin succeeds in breaking the $36,000 mark, a rally toward $46,100 appears highly likely. Conversely, if the price were to dip below the crucial support level of $28,160, a downward move toward $27,250 becomes a plausible scenario. Further declines could lead to price testing at the $26,600 support level.

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