Bitcoin’s Resistance at $97,024 is broken, targeting $100,000 next. RSI at 70.66 and CMF at 0.312 confirm bullish momentum. Bitcoin (BTC) surged to a new all-time high of $97,628 and is currently trading at $97,360 marking a 5.60% gain in the past 24 hours. The global crypto market cap climbed 2.77% to $3.15 trillion, driven by a pro-crypto U.S. government and institutional demand. Trading volume for Bitcoin rose 6.74% to $80.61 billion, while its dominance increased 1.20% to 60.64%. Bitcoin’s market cap now stands at $1.91 trillion, with a 4.69% gain. Spot Bitcoin ETFs launched by BlackRock on Nasdaq fueled market enthusiasm. BlackRock’s Bitcoin options ETF contributed to a record $1.9 billion trading volume, showcasing surging institutional interest. Whale activities also indicated strong accumulation, with one whale amassing 3,289 BTC worth $302 million over the past two days. Notable transfers included 552 BTC from Coinbase to an unknown wallet and 800 BTC to Antpool. Bitcoin added 30% in 14 days, benefiting from Federal Reserve rate cuts and a “Trump trade” optimism. Analysts attributed the rally to Donald Trump’s pro-crypto policies and a supportive cabinet. BlackRock’s IBIT ETF inflows further reinforced BTC’s upward momentum. Alongside Bitcoin’s rise, the cryptocurrency market saw $393 million in liquidations. Of this, $267 million were long positions, and $126 million were short positions. Bitcoin led the liquidations with $77.4 million, followed by Ethereum and Dogecoin. A total of 149,210 traders were liquidated, with the largest liquidation occurring in the ETH/BTC trading pair on Binance. Bullish Indicators for BTC The support level for Bitcoin is at $95,863, while the resistance is at $97,024. If Bitcoin breaks above the $97,024 resistance, analysts predict it could quickly target $100,000. Conversely, a fall below the $95,863 support may lead to a retraction toward the $94,000 range. Bitcoin’s technical indicators point to sustained bullish momentum. The Relative Strength Index (RSI) is at 70.66, signaling overbought conditions but reflecting strong buying pressure. The RSI average of 61.29 supports this upward trend, highlighting consistent market confidence. The Chaikin Money Flow (CMF) is at 0.312, indicating significant capital inflow into Bitcoin. This metric underscores the increasing demand, suggesting that buyers are driving the price higher. Combined with RSI, the CMF suggests that Bitcoin is poised to maintain its bullish trajectory in the short term. BRN analyst Valentin Fournier predicts BTC will surpass $100,000 by year-end, driven by institutional inflows and technical strength. The crypto market remains optimistic, buoyed by strong fundamentals and growing adoption. Highlighted Crypto News Today US Judge Spares Former FTX Exec Gary Wang from Prison Time

Sydney, Australia, November 21st, 2024, Chainwire The GMT DAO, an independent community organization of GMT holders, is excited to announce the launch of the GMT Burn Initiative—an event designed to place the future of GMT firmly in the hands of its community. Through this initiative, GMT holders will vote on the decision to burn up to 600 million GMT, equivalent to 100 million USD, marking this as one of the most ambitious token burns in the web3 ecosystem. The GMT Burn Initiative reflects the GMT DAO’s commitment to transparency, governance, and sustainable token management. This community-driven approach aligns with the DAO’s goal to shape GMT’s future responsibly and collaboratively. How It Works: Lock and Vote: GMT holders can participate by visiting burngmt.com, where they can lock their tokens and cast their vote on various proposals, including the first of its kind “GMT Burn Initiative”. Participants will receive an exclusive soulbound ‘Make GMT Great Again’ Red Hat NFT as a token of acknowledgement for their involvement. This NFT will record metadata detailing the claimed and eligible airdrops, as well as the votes cast. Earn Rewards: A total of 100 million GMT will be distributed at the end of the 60-day voting period as rewards to participants, contingent on achieving milestones. On-Chain Transparency: The voting process is recorded on the blockchain, allowing anyone to verify results and ensuring the integrity and transparency of each decision. Regular Voting Cycles: This burn initiative is just the beginning. Moving forward, GMT DAO will introduce new proposals and voting cycles every quarter, giving holders regular opportunities to shape the future of GMT via gmtdao.com. This initiative showcases a proactive effort to ensure GMT’s sustainable future, emphasizing innovation and community engagement. The GMT DAO remains committed to true decentralization, empowering GMT holders to shape its direction. By enabling votes on key proposals, including a potential major token burn, the DAO highlights the power of collective input and its dedication to building a strong, thriving ecosystem. The GMT Burn Initiative marks a new chapter in GMT’s journey, giving every holder a voice. Voting, which starts at 100 GMT, is now open at burngmt.com, inviting all GMT holders to help shape the token’s future. About GMT DAO The GMT DAO is an independent organization of GMT holders dedicated to overseeing GMT’s future through transparent and community-led governance. The DAO’s formation represents a commitment to empowering GMT holders with a voice in key decisions, from token management to ecosystem development. For more information on the GMT Burn Initiative and to participate, users can visit burngmt.com. About GMT GMT sits at the heart of the FSL ecosystem. Exclusively earned through STEPN, this token plays a crucial role across all FSL products. GMT operates on four blockchains—Solana, BNB Chain, Ethereum, and Polygon—and is pivotal in Gas Hero, where it’s used to trade items and burn for NFT level-ups. On MOOAR, all items can be traded using GMT, and it’s also central to primary sale raffle mints with key partners and is used in the newly launched STEPN GO to buy Sneakers and perform various in app functions. Contact GMT DAO [email protected]

The Ethereum (ETH) market may now be heading for a significant shift in momentum as its derivatives market continues to exhibit unprecedented growth. Particularly, while Bitcoin’s price action remains a dominant force in the market, Ethereum’s derivatives activity suggests that it could be gearing up for notable upward momentum. New Highs In ETH Open Interest And Leverage Ratios According to a recent analysis by CryptoQuant’s EgyHash, the open interest in Ethereum has surpassed its previous all-time high, marking a 40% increase in just four months and exceeding the $13 billion threshold. The surge in open interest, which represents the total number of outstanding derivative contracts, reflects a growing engagement among traders and institutions in Ethereum’s market. Alongside this, EgyHash also mentioned that funding rates have turned moderately positive, signalling that long-position traders are currently dominant. This aligns with a sentiment favouring further price increases for ETH in the short term. The rise in open interest is not the only indicator of Ethereum’s increasing activity in derivatives markets. The CryptoQuant analyst pointed to Ethereum’s estimated leverage ratio. EgyHash disclosed that this metric which is calculated as the ratio of open interest to the exchange’s coin reserves, has also reached a new all-time high of +0.40. Commenting on what these rising metrics means for market participants, the CryptoQuant analyst wrote: Ethereum Market Performance Regardless of the positive key metrics, Ethereum has continued to be one of the underperforming crypto in the market especially when compared to Bitcoin. Particularly, while Bitcoin has consistently being breaching major resistance to hit new highs, ETH still remains 36.2% decrease away from its all-time high of $4,878 registered in 2021. However, as of today, the asset seems to be gearing up for an uptrend. At the time of writing, Ethereum has surged by 0.9% in the past day with a current trading price of $3,112. Renowned analyst known as Ali on X has recently shared his outlook on the asset noting that Ethereum could outperform Bitcoin soon. The analyst backed this statement citing several key metrics and trends. According to Ali, the altseason indicator is flashing buying opportunity and ETH’s MVRV momentum nears a key moving average suggesting significant upside potential. The analyst also mentioned the spot exchange-traded flows (ETF) Inflows and increasing whale Activity. Ali then suggested that Ethereum could test $4,000 and $6,000 levels based on an ascending parallel channel. He also highlighted a bullish theory on ETH’s potential to hit $10,000. Featured image created with DALL-E, Chart from TradingView

In a recent interview with FOX Business, Brad Garlinghouse, CEO of Ripple Labs, shared insights on the so-called “Trump trade” impacting crypto prices, as evidenced by Bitcoin’s recent streak of consecutive all-time highs over the past 48 hours. Garlinghouse also discussed how Ripple, and the broader digital asset industry, fit into the upcoming regulatory landscape expected under President-elect Donald Trump in the coming year. Ripple CEO Optimistic About Trump’s Pro-Crypto Stance Garlinghouse emphasized that since its inception, Ripple has focused on addressing the inefficiencies of traditional cross-border payments, which he described as “slow and expensive.” By utilizing XRP, the company aims to streamline these transactions, making them faster and more cost-effective. However, the CEO criticized the Biden administration’s stance on digital assets, referring to it as an “unlawful war” against the industry. He expressed optimism that with Trump’s pro-crypto approach, the landscape may be transforming. When asked about the potential for increased revenue opportunities in the US under the upcoming regulatory changes, Garlinghouse explained that the US Securities and Exchange Commission’s (SEC) lawsuit against XRP had effectively “frozen” Ripple’s market potential in the country. Currently, 95% of Ripple’s customer base is located outside the US, with Garlinghouse pointing out that the company cannot fully realize growth in a market where regulatory clarity is lacking. Garlinghouse observed that while the cryptocurrency industry is flourishing in countries like China, Japan, the UK, and Switzerland, the US has lagged behind in embracing digital assets. Ripple’s CEO expressed hope that the anticipated deregulation under Trump would lead to clearer guidelines, allowing agencies like the SEC and the Commodity Futures Trading Commission (CFTC) to play a constructive role in shaping the industry. Garlinghosue criticized the existing regulatory framework, particularly the application of the Howey Test, which he believes fails to adequately address the unique characteristics of the crypto sector. He also underscored the need for updated regulations that reflect the realities of an industry that has developed significantly over the past decade. US As Digital Asset Hub In Coming Years During the interview, FOX Business highlighted comments from Coinbase’s Chief Policy Officer, Faryar Shirzad, regarding the private meeting between Trump and Brian Armstrong, CEO of Coinbase. Shirzad noted that Trump has expressed a willingness to engage with the crypto industry, fostering a vision for the US to become the global leader in digital assets. Garlinghouse echoed these sentiments, recognizing Coinbase’s influential role in advocating for the cryptocurrency agenda during the election campaign. As speculation mounts regarding potential candidates for the SEC chair position under Trump—names like Dan Gallagher, Teresa Goody, and Commissioner Mark Uyeda have surfaced—Garlinghouse emphasized the importance of the new chair working collaboratively with Congress to address regulatory gaps that contribute to confusion in the market. Garlinghouse concluded with an optimistic outlook, stating that he believes a new era for cryptocurrency is on the horizon in the US. He envisions the country becoming a central hub for digital assets and blockchain technology over the next five to ten years. At the time of writing, XRP is trading at $1.10, marking a massive 104% surge in just two weeks since Trump’s election victory. However, the token is still trading 67% below its all-time high of $3,040, which it reached nearly seven years ago. Featured image from DALL-E, chart from TradingView.com

Mike Novogratz, the founder and CEO of Galaxy Digital Holdings—a leading crypto investment firm listed on the Toronto Stock Exchange—has signaled a significant shift in the global adoption of Bitcoin. In a post on Tuesday via X, Novogratz declared that countries are already purchasing Bitcoin. Nation-State Bitcoin FOMO Is Real “Countries are already buying BTC in huge volumes—these are massive pools of capital entering the market. We’re witnessing global adoption at scale and the next rally could be massive. Buckle up. Caught up last week with Bloomberg TV, he stated via X. In the Bloomberg interview, Novogratz elaborated on the unprecedented interest from sovereign entities. He mentioned a close associate—the person who introduced him to BTC in 2013—who is currently in the Middle East. “He’s never seen anything like it,” Novogratz said. “He’s convincing more people to buy Bitcoin in the three days he’s been there than any time in his whole career, and they’re huge pools of capital. And so we’re seeing something globally.” Novogratz noted that when former President Donald Trump advocated in Nashville that he intended to be a “crypto president” and a “Bitcoin president,” it caught the attention of international leaders. “Other leaders heard that,” he remarked, suggesting that geopolitical factors could contribute to an “amazing rally” in the Bitcoin market. When questioned about the likelihood of the United States establishing a Strategic BTC Reserve under a Trump presidency, Novogratz remained cautious. “I still think it’s a low probability,” he stated. He cited the complexities of US legislative processes, emphasizing that while the executive branch or the House might show enthusiasm, the Senate often urges restraint. “That’s the role of the Senate,” he said, pointing out that Republicans do not hold a 60-seat majority necessary to push through such initiatives unilaterally. Nonetheless, Novogratz acknowledged the potential benefits of the US embracing Bitcoin at a strategic level. “It would be very smart for the United States to take the Bitcoin they have and maybe add some to it,” he suggested, adding that it would signal a commitment to being a “technology-first country, a crypto and digital asset-first country.” While he doesn’t believe the US dollar requires backing by Bitcoin, he admitted that if a Strategic Bitcoin Reserve were established, “Bitcoin heads to $500,000.” He added: “If it happens in the short term without a Strategic Bitcoin Reserve, it’s going to mean six, seven, eight years,” Novogratz cautioned. “Then it’s just a scramble to get the hot commodity.” He expressed concerns that such a scenario could be indicative of hyperinflation, which historically leads to societal instability. “In every country that experiences hyperinflation, the results are really crappy,” he noted. Discussing Bitcoin’s potential to rival gold as a store of value, Novogratz highlighted a generational shift in investment preferences. “The total market cap of gold is like $16 trillion,” he explained, which translates to approximately $800,000 per BTC if it were to reach parity. “When does Bitcoin become gold?” he asked rhetorically. Novogratz, who is turning 60 next week, admitted he still owns gold, calling himself “an old guy.” However, he pointed out that younger generations are less inclined to invest in gold. “Forty-year-olds own no gold. Thirty-year-olds own none,” he observed. “As we see this generational shift, Bitcoin should match gold within five or ten years, and that gets you to $800,000.” At press time, BTC traded at $93,000.

Litecoin price is consolidating above the $80.00 level against the US Dollar. LTC could start a fresh increase if it clears the $88.00 resistance zone. Litecoin is showing positive signs from the $80 support zone against the US Dollar. The price is now trading below $88 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $86.00 on the hourly chart of the LTC/USD pair (data feed from Kraken). The price could start a fresh increase if it clears the $88.00 resistance zone. Litecoin Price Eyes Fresh Increase After forming a base above $85, Litecoin started a fresh increase. LTC price broke the $88 and $90 resistance levels to move into a positive zone, like Bitcoin and Ethereum. The price gained over 10% and even cleared the $95 level. A high was formed at $98 before there was a pullback. The price dipped below $88 and tested $82. A low was formed at $81.69 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $94.71 swing high to the $81.69 low. Litecoin is now trading below $88 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $85.00 zone. There is also a key bearish trend line forming with resistance at $86.00 on the hourly chart of the LTC/USD pair. The next major resistance is near the $88 level or the 50% Fib retracement level of the downward move from the $94.71 swing high to the $81.69 low. If there is a clear break above the $88 resistance, the price could start another strong increase. In the stated case, the price is likely to continue higher toward the $92 and $95 levels. Any more gains might send LTC’s price toward the $100 resistance zone. More Losses in LTC? If Litecoin price fails to clear the $86 resistance level, there could be another decline. Initial support on the downside is near the $82 level. The next major support is forming near the $80 level, below which there is a risk of a move toward the $75 support. Any further losses may perhaps send the price toward the $68 support. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for LTC/USD is below the 50 level. Major Support Levels – $82.00 followed by $80.00. Major Resistance Levels – $86.00 and $88.00.

Ethereum (ETH) has consolidated since November 12, when it hit a local high of $4,446. Despite Bitcoin’s impressive rally capturing market attention, Ethereum has struggled to maintain upward momentum and reclaim its yearly highs. The price action reflects a period of indecision, as ETH faces challenges in breaking through significant resistance levels that could reignite bullish sentiment. While Ethereum lags behind Bitcoin in performance, analysts remain optimistic about its potential for a breakout. Notably, Carl Runefelt, a prominent crypto analyst, recently shared a technical analysis suggesting that ETH is on the verge of a major move. According to Runefelt, Ethereum must push above a key resistance level to trigger a breakout and rejoin the broader market’s bullish trend. As the second-largest cryptocurrency by market cap, Ethereum’s next steps will be crucial for traders and investors watching the market closely. A breakout above resistance could signal the start of a new upward phase, while continued consolidation might test the patience of market participants. With technical signals aligning and speculation building, Ethereum’s price action in the coming days will likely set the tone for its performance in the weeks ahead. Ethereum Prepares To Surge Ethereum has been underwhelming in its price action since March, struggling to keep pace with Bitcoin’s performance. Despite a few notable surges, ETH has yet to achieve the breakout investors eagerly anticipate. Related Reading: Solana Analyst Expects A Retrace Before It Breaks ATH – Targets Revealed The prolonged consolidation has frustrated some traders, but an optimistic sentiment remains among those who believe Ethereum is poised for a significant rally once it clears key supply levels. Top crypto analyst Carl Runefelt recently shared his technical analysis on X, highlighting Ethereum’s current position within a bullish flag pattern. According to Runefelt, ETH has attempted to break out of this formation for the past two weeks, facing stiff resistance at critical supply zones. However, he remains confident that it could rapidly surge to $4,150 once Ethereum breaches this level. Such a move would mark a substantial percentage increase from current prices, sparking a wave of investor enthusiasm. The fear of missing out (FOMO) could drive additional buying momentum, creating a self-reinforcing price appreciation cycle. If ETH follows this trajectory, it would confirm the bullish flag breakout and signal Ethereum’s return to a dominant position in the crypto market. ETH Price Action: Technical Details Ethereum is trading at $3,120 following several days of sideways consolidation below its recent local high of $3,446. Despite the pause in upward momentum, ETH has shown strength by surging above the critical 200-day moving average (MA), currently at $2,957, and maintaining its position above this key technical indicator. The 200-day MA is often a pivotal line between bullish and bearish trends. Ethereum’s ability to stay above it signals robust support from buyers and growing confidence in the market. If ETH continues to hold this level, it could pave the way for a bullish surge, with the first target being the local top at $3,446. Beyond that, a break above this resistance level could see ETH aiming for yearly highs near $4,000, reigniting enthusiasm among traders and investors. Such a move would likely confirm Ethereum’s return to a sustained uptrend, aligning it more closely with Bitcoin’s recent bullish performance. However, losing the 200-day MA as support could introduce risks of a pullback, potentially sending ETH to retest lower levels. Ethereum’s price action remains strong, with the market eagerly watching for the next significant move. Featured image from Dall-E, chart from TradingView

XRP price is consolidating gains above the $1.00 zone. The price might start a fresh increase if it clears the $1.150 resistance zone. XRP price started a downside correction below the $1.120 level. The price is now trading below $1.120 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $1.1380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $1.150 resistance. XRP Price Holds Support XRP price struggled to start a fresh increase above the $1.150 and $1.180 levels. It started a downside correction and traded below the $1.120 level. It underperformed Bitcoin and struggled like Ethereum in the past two sessions. The price is now trading below $1.120 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.1380 level. There is also a short-term contracting triangle forming with resistance at $1.1380 on the hourly chart of the XRP/USD pair. The first major resistance is near the $1.150 level. The next key resistance could be $1.1680 or the 61.8% Fib retracement level of the downward move from the $1.2747 swing high to the $0.9988 low. A clear move above the $1.1680 resistance might send the price toward the $1.200 resistance or the 76.4% Fib retracement level of the downward move from the $1.2747 swing high to the $0.9988 low. Any more gains might send the price toward the $1.2250 resistance or even $1.2320 in the near term. The next major hurdle for the bulls might be $1.250 or $1.265. More Downsides? If XRP fails to clear the $1.1380 resistance zone, it could continue to move down. Initial support on the downside is near the $1.100 level. The next major support is near the $1.0650 level or the triangle’s lower trend line. If there is a downside break and a close below the $1.0650 level, the price might continue to decline toward the $1.020 support in the near term. The next major support sits near the $0.980 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.1000 and $1.0000. Major Resistance Levels – $1.1680 and $1.2000.

Ethereum price started another decline below the $3,150 zone. ETH is struggling and might decline further below the $3,000 support zone. Ethereum is slowly moving lower below the $3,150 zone. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a close below the $3,000 support zone. Ethereum Price Struggle Continues Ethereum price attempted an upside break above the $3,200 resistance but failed unlike Bitcoin. ETH started a fresh decline below the $3,150 and $3,120 support levels. There was a move below $3,080 and the price tested $3,040. A low is formed at $3,033 and the price is now consolidating. It tested the 23.6% Fib retracement level of the recent drop from the $3,225 swing high to the $3,033 low. Ethereum price is now trading below $3,000 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $3,080 level. The first major resistance is near the $3,120 level or the 50% Fib retracement level of the recent drop from the $3,225 swing high to the $3,033 low. The main resistance is now forming near $3,180. A clear move above the $3,180 resistance might send the price toward the $3,220 resistance. An upside break above the $3,220 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,450 resistance zone. More Losses In ETH? If Ethereum fails to clear the $3,100 resistance, it could start another decline. Initial support on the downside is near the $3,030 level. The first major support sits near the $3,000 zone. A clear move below the $3,000 support might push the price toward $2,920. Any more losses might send the price toward the $2,880 support level in the near term. The next key support sits at $2,740. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,030 Major Resistance Level – $3,100

Judge Lewis Kaplan of the United States District Court issued an unusually lenient ruling. Wang had already entered a guilty plea for his part in the FTX bankruptcy proceedings. The trading platforms fraud case against Gary Wang, a former senior executive of the now-defunct FTX exchange, will not result in a prison sentence. Judge Lewis Kaplan of the United States District Court issued an unusually lenient ruling in Manhattan Federal Court. Wang had already entered a guilty plea for his part in the FTX bankruptcy proceedings before this sentence hearing. Prosecutors claimed that Wang did not spend any of the $8 billion in customer cash, so Judge Kaplan relied on their word. Wang wrote the code that allowed Sam Bankman-Fried (SBF) to steal the money. Multiple Considerations Additionally, Gary Wang’s attorney Ilan Graff pleaded with Judge Kaplan to commute his prison sentence due to his client’s cooperation with the prosecution. The prosecutor’s office used this backing to speak highly of him. They pointed out that he had written code that the US government uses to combat stock market fraud. A program he is developing to identify cryptocurrency-related fraud is also crucial to his plea deal’s chances of avoiding prison time. According to the prosecution’s arguments, he would have the opportunity to finish this project if he were to avoid prison time. Importantly, Judge Kaplan’s sway is partly based on how much his young family relies on him. There are those besides Gary Wang who may feel fortunate to have avoided serving their sentence. This decision is in line with the one that Judge Lewis Kaplan made last month regarding Nishad Singh, another high-ranking FTX insider, who was also spared prison time. Despite this, Ryan Salame, Caroline Ellison, and SBF did not get varying jail sentences. Although Judge Kaplan sentenced SBF to 25 years in prison, the former CEO plans to challenge the decision. Highlighted Crypto News Today: MicroStrategy Boosts Note Offering to $2.6B, Eyes Bitcoin Rally to $100K

Barcelona, Spain, November 20th, 2024, Chainwire AIntivirus, a global initiative aimed at combating systemic corruption and promoting transparency, launches with a message rooted in the enduring legacy of John McAfee. The project, inspired by McAfee’s outspoken stance on accountability and digital security, seeks to create a more equitable and secure digital environment. A Legacy Rekindled John McAfee, a polarizing figure renowned for his contributions to cybersecurity and his defiance of conventional norms, left a lasting mark on the tech industry. Although reports of his death in 2021 sparked widespread speculation, AIntivirus introduces McAfee’s message of resistance to corruption and systemic reform in a new form. AIntivirus serves as a platform for engaging with McAfee’s ideas, allowing users to participate in discussions through social media interactions. By fostering conversations around issues he championed during his lifetime, AIntivirus seeks to amplify the dialogue on transparency and technological accountability. About AIntivirus AIntivirus brings together a global team of innovators and thought leaders to tackle the challenges of systemic corruption. Focused on advocacy and innovation, the initiative emphasizes transparency, accountability, and the promotion of equitable solutions to modern technological insecurities. “We are the watchers who cannot be watched,” the AIntivirus team declares. “This is not merely resistance; it is a revolution for a secure and just digital future.” Contact AIntivirus [email protected]

Tallinn, Estonia, November 20th, 2024, Chainwire Following its global unveiling on the main stage of Binance’s Blockchain Week conference in Dubai, AI platform bitGPT is experiencing sizable growth across every vertical of the project, from active partnership conversations to the number of users currently testing its technology. bitGPT’s X and Telegram communities grew in size by more than 1,000% in the days following its presentation at Binance in which hundreds of onlookers watched as its AI platform was launched and tested for the first time in front of a public audience. The demonstration replay surpassed a quarter-million views on Binance’s website within hours of being posted – the most popular replay event of the conference. bitGPT’s live demo and subsequent growth have been covered by several major new outlets, including reporting from Decrypt that predicted bitGPT’s AI platform “will help onboard the next billion Web3 users and kickstart the AI Agent economy.” Backed by former SingularityNET co-founders and a growing team of AI and Web3 experts, bitGPT bridges the mass acceleration and adoption of generative AI technologies with the entire crypto ecosystem, providing users – both humans and AI agents – with a unified UX to connect and transact across any decentralized network or service using natural language commands. Available in more than 25 languages, its platform overcomes language, literacy, and interface barriers in what appears to be the Web3 industry’s most legitimate effort yet to onboard its first billion Web3 users, all while positioning the platform as a central node for kickstarting the AI Agent economy. Developed in stealth for more than two years, bitGPT’s AI platform has already been tested by a wide audience, with a growing community of dedicated users generating valuable data and insights that have been continually used to refine and expand the capabilities of its model. After advancing from Alpha to Beta earlier this year, bitGPT is preparing for full launch just as interest and attention for AI-enabled Web3 technologies take off. Despite achieving rapid significant adoption, centralized AI model providers present critical challenges, including data privacy risks, restricted accessibility, systemic vulnerabilities, and the emergence of techno-feudalism due to reliance on dominant third-party entities. This centralization compromises user autonomy, undermines digital sovereignty, and fosters a dependency cycle that stifles innovation and equitable access. A growing ecosystem of crypto projects including NEAR Protocol, bittensor, and The Graph have entered the space to introduce Web3’s privacy and security benefits to the ever-growing AI category. Yet usability and adoption challenges continue to limit the industry’s long-term potential. And many of these networks and services still do not connect directly with the end user, meaning users may fail to realize the security and privacy benefits of decentralized options. bitGPT’s breakthrough platform brings to reality the potential for an on-chain economy with its first billion human users, plus billions upon billions of AI Agents. Its platform goes beyond conventional interfaces, offering an intuitive, AI-driven ecosystem for all Web3 activities. By seamlessly integrating cutting-edge technologies with user-centric design, bitGPT provides an unparalleled suite of intelligent tools that simplify and enhance every aspect of blockchain engagement. With bitGPT, users can instantly connect with and transact across any network or service, creating a universally interoperable user experience. Use cases are truly endless, including: Cross-chain Swap Optimization — AI algorithms analyze liquidity across multiple DEXs and chains to find the most efficient swap routes. Gas Fee Prediction — Machine learning models forecast gas prices, allowing users to optimize transaction timing. Sentiment Analysis — Real-time analysis of social media, news, and on-chain data to gauge market sentiment. Trend Prediction — Advanced machine learning models for short and medium-term price trend forecasting. Alpha Discovery — Identification of potential high-growth opportunities based on on-chain metrics and market data. Proposal Summarization — AI-generated summaries of complex governance proposals. Voting Recommendations — Personalized suggestions based on user’s previous voting patterns and stated preferences. Impact Assessment — AI-driven analysis of potential outcomes for different chain governance voting scenarios. 24/7 Market Monitoring — Agents track user-specified metrics and events across multiple chains and platforms. Users can set specific criteria for alerts and research focus. External Data Integration — Agents can access and analyze data from approved external sources for comprehensive research. In the spirit of Web3 technologies and the wider universe of decentralized networks and services, bitGPT enables the mass transition away from Large Language Models (LLMs) to privacy-preserving Small Language Models (SLMs), ensuring user data protection without compromising functionality. bitGPT allows for on-device AI processing – significantly enhancing security and reducing latency for a seamless user experience – and AI-powered cross-chain operations and market analysis, enabling users to navigate the multi-chain landscape with unprecedented ease. The platform is capable of hosting a virtually unlimited number of AI Agents that can perform any on-chain task automatically and autonomously, adding significant demand for nearly every decentralized project while fueling innovation across the entire crypto universe. After its successful unveiling on the main stage of Binance’s Blockchain Week conference – a demonstration that was followed immediately by Binance founder Changpeng Zhao – the bitGPT team is now focused on organizing its final Beta releases before full launch, including a fully featured mobile app, with a growing list of enterprise and Web3 partners positioned to assist its launch. About bitGPT Backed by a strong team of Web3 and AI industry leaders — including the cofounders of several major crypto projects like SingularityNET — bitGPT represents a revolutionary transformation in blockchain interaction, redefining the user experience through advanced artificial intelligence. Its platform goes beyond conventional interfaces, offering an intuitive, AI-driven ecosystem for all Web3 activities. By seamlessly integrating cutting-edge technology with user-centric design, bitGPT provides an unparalleled suite of intelligent tools that simplify and enhance every aspect of blockchain engagement. The result is an AI-driven platform capable of onboarding the next billion Web3 users as well as kickstarting the AI Agent economy. Learn more — www.BitGPT.network Join the BitGPT community: Telegram — https://t.me/BitGPTNetwork Discord — https://discord.gg/bDDBVaEHwt X — https://x.com/BitGPTnetwork Contact bitGPT [email protected]

The Dogecoin price has been trading sideways for the past few days, consolidating around the $0.4 mark as it targets a breakout to the upside. This $0.4 price point is represented by the 0.786 Fibonacci level, which an analyst has confirmed that Dogecoin continues to test in order to witness a price rally. Dogecoin Price Targets 0.786 Fib Breakout Kevin, a Dogecoin analyst on X (formerly Twitter), has shared his analysis of the DOGE price action, highlighting a key resistance point that could catalyze the meme coin’s anticipated rally. Given the recent surge in the Dogecoin price this month, many analysts have forecasted that the meme coin is gearing up to hit the $1 ATH. Some of these analysts have also suggested that factors like Donald Trump‘s win in the U.S. Presidential election, Elon Musk’s D.O.G.E commission, and growing positive sentiment in the crypto community, could become the critical drivers for the Dogecoin price, pushing it to new highs. Despite this bullish sentiment, the DOGE price continues to trade sideways, struggling to break through the $0.4 price. Kevin has disclosed that the $0.4 mark is a crucial resistance level for Dogecoin, representing the 0.786 Fib. He highlighted that the Dogecoin price has been testing this critical Fibonacci level but was sharply rejected on November 19. This price rejection is also among several failed attempts in the past few days, as Dogecoin has repeatedly tested this crucial level. While the optimism for a Dogecoin price surge is high, Kevin has stated that unless the meme coin can break above this crucial resistance level “cleanly and violently,” there’s no reason for investors to expect any major price movement or get overly excited about a potential rally. The Dogecoin analyst also highlighted a critical resistance level for the Bitcoin price. Kevin has revealed that Bitcoin’s next upside rally will occur once it clears the resistance level at $100,000. The analyst suggests that the market will likely move slowly and remain relatively uneventful until the pioneer meme coin can break past this crucial milestone. Dogecoin Next Target: Monthly Close Above $0.335 In another X post, Kevin explained the downside target for the Dogecoin price if it fails to break the 0.786 Fib resistance level. He revealed that the DOGE price moment, via its chart, is showcasing a “nasty triple top” at the macro 0.786 Fib level. Kevin has predicted that a drop to the $0.30 mark is highly possible for Dogecoin if volatility and market uncertainty persist. This decline could also be triggered by selling pressures and a lack of bullish momentum. Conversely, the analyst has revealed that the next big rally for Dogecoin could be seen if the meme coin can close a monthly candle above $0.335 in the next 11 days. Kevin has stated that achieving this feat would be a significant milestone, marking Dogecoin’s highest monthly candle close of all time.

Bitcoin price is rising steadily above the $92,000 zone. BTC is showing positive signs and might continue to rise above the $95,000 level. Bitcoin started a fresh increase above the $92,000 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $93,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $95,000 resistance zone. Bitcoin Price Sets Another ATH Bitcoin price remained supported above the $91,000 level. BTC formed a base and started a fresh increase above the $92,000 level. It cleared the $94,000 level and traded to a new high at $94,980 before there was a pullback. There was a move below the $94,200 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $91,500 swing low to the $94,980 high. However, the price is stable and consolidating near the $94,200 level. Bitcoin price is now trading above $93,000 and the 100 hourly Simple moving average. There is also a connecting bullish trend line forming with support at $93,800 on the hourly chart of the BTC/USD pair. On the upside, the price could face resistance near the $94,800 level. The first key resistance is near the $95,000 level. A clear move above the $95,000 resistance might send the price higher. The next key resistance could be $98,000. A close above the $98,000 resistance might initiate more gains. In the stated case, the price could rise and test the $100,000 resistance level. Any more gains might send the price toward the $102,000 resistance level. Another Downside Correction In BTC? If Bitcoin fails to rise above the $95,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $93,700 level. The first major support is near the $92,800 level or the 61.8% Fib retracement level of the upward move from the $91,500 swing low to the $94,980 high. The next support is now near the $91,500 zone. Any more losses might send the price toward the $90,000 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $93,800, followed by $92,800. Major Resistance Levels – $94,800, and $95,000.

BONK, the Solana-based meme coin, has been making headlines with its extraordinary performance since listing on the largest South Korean cryptocurrency platform, Upbit. Upon listing, this solid upward trend catapulted BONK to its all-time high, raising its market capitalization to an impressive $4.2 billion. The trading volume of the token increased by 77%, indicating significant individual and institutional interest. Such frenzy ensured that the memecoin became the number one meme coin within the Solana network. Nevertheless, the accompanying positive sentiments (and anxieties) will lead investors to ask whether BONK will be able to keep the pace considering the historical volatility of the market. Whales Join The BONK Party Institutional investors see BONK’s promise. A recent whale transaction shows the increasing faith in this meme coin: 65.4 billion BONK tokens for $3.4 million in USDC were bought. Such big sales not only confirm BONK’s popularity but also show how it affects Solana’s bigger ecology. The rise of the token has drawn more than just whales. Blockchain data shows that the amount of people interested in BONK futures topped $53.5 million, which is around seven times the monthly low. This means that traders are betting on BONK’s rising trend, even though such assets come with risks. Technical Breakthrough Fuels Optimism The recent end of BONK’s long-term consolidation period offers traders a hopeful signal. Experts say the major causes driving the meme coin’s rise are aggressive trading and increasing buying pressure. BONK temporarily exceeded joke currencies like DogWife when its price shot to $0.00005916 for a fresh ATH. At the time of writing, BONK was trading at $0.00005364, up 67% in the last seven days, data from Bitstamp shows. Nonetheless, analytical tools suggest that the buying pressure in the market is reaching its limits. This, however, may lead to some temporary downward movement, but experts are still positive on BONK coming back after a certain period. Although the token has retraced to $0.00005684, this hasn’t dampened the community enthusiasm. Bright Future For BONK And Solana More than just a viral currency narrative, BONK’s explosive expansion is a triumph for the Solana ecosystem. The buzz around BONK has refocused attention on Solana, attracting fresh users and so strengthening its reputation as a top blockchain platform. At the same time, the prospect appears to be very optimistic, showing an increase of 252% in price expectations during the next three months, and a further 185% increase in six months. While the thrill of speculation is there, veteran traders ring in their warning. As BONK rides this wave, it’s clear the memecoin is no longer just a joke—it’s a phenomenon reshaping the crypto landscape. Featured image from SCMP, chart from TradingView

Bitcoin reached a new all-time high yesterday, surging to $94,000 and solidifying the bulls’ control over the market. This milestone has ignited widespread speculation about the key factors fueling the rally, as Bitcoin continues to dominate headlines and capture investor enthusiasm. Key insights from CryptoQuant CEO Ki Young Ju shed light on the drivers of this historic surge. According to Ju, this rally has been powered by Coinbase investors, with U.S.-based buyers playing a significant role. The influx of demand from these investors underscores the growing domestic interest in Bitcoin and highlights the critical influence of American market participants on global crypto trends. Adding to the excitement, market sentiment appears to be heavily influenced by the pro-crypto stance of President-elect Donald Trump. His support for digital assets has sparked optimism across the industry, potentially creating a favorable regulatory environment that could sustain Bitcoin’s growth. Bitcoin Demand Continues To Drive The Price Bitcoin demand remains remarkably strong, even as miners and long-term holders (LTHs) take profits during this rally. Despite selling pressure from these groups, BTC continues to rise, underscoring the robust market appetite for the leading cryptocurrency. This strength suggests buyers readily absorb the distributed supply, fueling Bitcoin’s bullish momentum. CryptoQuant CEO Ki Young Ju recently shared insightful data on X that highlights the driving forces behind this rally. According to Ju, U.S.-based investors using Coinbase have played a pivotal role in Bitcoin’s surge. He referenced the BTC Hourly Coinbase Premium (Volume-Weighted, USDT/USD Adjusted), which measures the difference in Bitcoin prices on Coinbase compared to other exchanges. The premium is currently positive and growing, indicating that U.S. investors are willing to pay more for BTC than their international counterparts. This trend demonstrates strong demand from U.S. market participants, likely buoyed by improving market sentiment and potential regulatory optimism. If this upward momentum in U.S. demand persists, Bitcoin’s rally could extend further in the coming weeks, potentially setting new highs before any major correction occurs. However, as with all parabolic trends, traders and analysts remain cautious, recognizing the possibility of eventual pullbacks. The focus remains on Bitcoin’s strength, as buyers continue to outpace sellers, driving the market higher. BTC Setting New Highs (Again) Bitcoin (BTC) is trading at $93,300, following its recent break above the all-time high (ATH) of $93,483. While this move marked a new milestone for BTC, the price has since entered a sideways range within a defined uptrend, indicating that demand continues to outweigh supply. However, the breakout above the ATH lacked significant momentum, resembling more of a small spring than a decisive rally. This suggests that bulls might be starting to lose steam. Despite this, BTC’s ability to maintain above $89,800 in the coming hours will be critical. Holding this key support level could pave the way for a surge to $95,000, aligning with broader market expectations of continued bullish momentum. Such a move would likely reaffirm confidence among investors, potentially driving further buying interest as Bitcoin eyes the psychological $100,000 level. On the other hand, a drop below $89,800 would shift the short-term narrative. This scenario could lead to a retrace toward lower demand zones around $85,000, where buyers might regroup to push prices higher again. As BTC consolidates near its ATH, the market awaits a decisive move to determine whether the bulls remain firmly in control or if a temporary correction is on the horizon. Featured image from Dall-E, chart from TradingView

The Cardano blockchain has witnessed a surge in trading activity over the past few weeks, with price data relaying this trend. Cardano’s price increase in the past 30 days has been more than impressive, with its price doubling within this period. At the time of writing, the ADA is now trading at its highest point so far in 2024 after breaking above the March high of $0.77. Delving deeper into the forces behind this rally, on-chain metrics suggest that the surge is being driven by strong buying momentum, particularly from large ADA holders. Data from the blockchain analytics platform IntoTheBlock highlights a noteworthy spike in large transaction volume, which today reached $22.56 billion. This figure marks a 297% spike in large transaction volume in the past two weeks. Spike In Cardano Large Holder Volume The surge in Cardano’s large holder activity is highlighted by the ‘Large Transactions Volume in USD’ metric provided by blockchain analytics platform IntoTheBlock. This metric captures the total value of on-chain transactions exceeding $100,000 within a 24-hour period, offering insights into the behavior of high-net-worth investors and institutional participants. Interstingly, the Large Transactions Volume in USD metric recently reached $28.43 billion on November 16, which is its highest so far till date. Such a figure underscores the significant interest and heightened activity on the Cardano blockchain, particularly among large-scale holders who are likely driving much of the network’s momentum. This elevated level of activity has shown no signs of stopping, with the most recent data reporting $22.56 billion in large transactions over the past 24 hours. To provide perspective, Cardano began November with daily large transaction volumes hovering just below $6 billion before experiencing a notable uptick starting November 6. What’s Next For ADA Price? At the time of writing, the ADA price is trading at $0.80, up by about 6.5% in the past 24 hours. This price point marks the highest ADA price since May 2022. Not just large holders; retail holders are also in on the trend. The ADA trading volume has surged by about 29% in the past 24 hours, coming in at $2.31 billion. As it stands, Cardano is currently outperforming every other large market cap crypto in the past 24 hours. On-chain data and key market indicators suggest that this bullish momentum is likely to persist, with the next significant price target being a breakthrough above the psychological $1 mark. Beyond the large transaction metric, other metrics such as the net network growth and positive momentum in the futures market suggest a very optimistic outlook.

The price of Fetch.ai (FET) has slipped below its critical 100-day Simple Moving Average (SMA), raising concerns about the potential for further downside toward the next support level at $1. This breach marks a pivotal moment for the asset, opening the door for negative pressure to take hold. As FET navigates this crucial phase, market participants are closely monitoring its ability to recover above the SMA or risk deeper declines. FET’s recent slip below the 100-day SMA, a significant technical indicator, and its implications for future price movements will be analyzed in this article. It will also explore whether this breach signals a continuation of bearish momentum or a possible recovery, providing insights into key levels and scenarios to watch in the coming days. Analyzing Bearish Momentum: Is A Deeper Decline Likely For FET? FET has fallen below the 100-day SMA on the 4-hour chart, signaling downbeat strength as the price approaches the $1 support zone. This breakdown indicates reduced buyer interest, giving bears control of the market. Holding at $1 could trigger a reversal, while a breach below may lead to more declines toward lower support levels. Also, the 4-hour Relative Strength Index (RSI) has fallen below the critical 50% level, currently at 44%, indicating a shift toward bearish sentiment and growing selling pressure as FET struggles to regain upward momentum. With the RSI under 50%, sellers are taking control, and if the RSI fails to recover above this threshold, the pessimistic trend may continue. Traders should watch for any signs of a reversal or if the price remains under pressure, potentially leading to further drops. On the daily chart, FET is showing strong negative strength, highlighted by a bearish candlestick pattern that has pushed the price below the 100-day SMA. This pattern implies that sellers are firmly in control of the market, relentlessly driving the price lower and prompting a strong likelihood of additional drops in the near term. Finally, the 1-day RSI analysis suggests that FET may face extended losses, as it remains below the 50% threshold, reflecting a continued bearish trend. With selling pressure likely dominating, the chances of further declines are high. A recovery above the 50% level could signal a potential reversal, but FET continues to struggle to regain an upward momentum for now. Navigating Risks And Opportunities In FET’s Price Action Navigating the risks and opportunities in FET’s price action requires a careful assessment of key technical indicators and market sentiment. As FET trades below its 100-day SMA and the 4-hour RSI drops below the 50% threshold, bearish momentum is gaining traction, which could signal more downside toward the $1 support range. However, opportunities for a reversal may arise if the asset manages to hold above key support levels or if buying pressure resurges, driving the RSI back above 50% and reclaiming the 100-day SMA. Meanwhile, this could pave the way for a potential move toward the $1.8 resistance level.

Crypto Rover, a prominent crypto analyst, has identified critical indicators in the market dynamics of Bitcoin, such as a decline in exchange reserves and a favorable chart pattern that suggests a price target of $200,000. His analysis is consistent with Bernstein’s long-term projection, which serves to bolster the notion that Bitcoin may experience substantial growth in the years ahead. These predictions have investors and analysts alike anxiously anticipating Bitcoin’s next significant move, as the market is currently in flux. Decreasing Exchange Reserves May Indicate A Supply Shock The consistent decline in Bitcoin reserves on exchanges is one of the most noteworthy trends identified by Crypto Rover. Despite the increasing price of Bitcoin, an increasing number of investors are transitioning their holdings to private wallets. This transition underscores an increasing preference for security over liquidity, particularly in light of persistent concerns regarding cyberattacks and breaches. As the quantity of Bitcoin on exchanges declines, there could be an upcoming disturbance. Less coins for trading suggest that demand would soon exceed supply, which would cause prices to rise significantly. This tendency questions the conventional market dynamics, which usually show reserves rising in bull markets. Bernstein’s $200K Target And Rover’s Bull Flag A bull flag pattern is forming on the price charts of Bitcoin, as revealed by Rover’s technical analysis. This pattern frequently indicates the continuance of an upward trend. Rover predicts that Bitcoin may shortly surpass the $200,000 threshold if it surpasses critical resistance levels, as indicated by this pattern. Bernstein analysts further align with this positive sentiment as they reaffirm their Bitcoin price target to reach $200,000 in 2025. Bernstein’s price objective of $100,000 is increasingly plausible, and the long-term forecast of achieving $200,000 by 2025 is gathering momentum, given that Bitcoin is already trading at approximately $92,000. They attribute this potential increase to a variety of factors, such as the favorable political and regulatory conditions for Bitcoin, which are notably prevalent under a pro-crypto U.S. administration. Market Outlook And Investor Strategy Strong technical indicators combined with declining exchange reserves point to Bitcoin about to undergo a major comeback, which would be advantageous for investors. Little changes in demand could cause significant price swings as liquidity drops. This creates risks as well as possibilities, hence a careful plan and timing are especially important. Bernstein also points out as a major influence the larger political terrain. Under the direction of incoming President Donald Trump especially, they hope that an atmosphere better suited for Bitcoin’s growth would help to drive its expansion even further. Featured image from Pexels, chart from TradingView

The sale of these notes represented an increase from an earlier offering of $1.75 billion. The deal is targeted to complete on November 21 assuming all the closing requirements are met. A positive outlook for Bitcoin’s ability to reach $100,000 is indicated by MicroStrategy’s announcement that it has upped its forthcoming note offering to $2.6 billion. The biggest Bitcoin holder among corporations, MicroStrategy, is planning to acquire further BTC to the tune of $2.6 billion via zero-interest senior convertible notes. According to a statement released by the business on November 20th, the sale of these notes represented an increase from an earlier announcement of an offering of $1.75 billion in aggregate principal amount of notes. “Qualified institutional buyers” are the intended recipients of the $2.6 billion offering. And the deal is targeted to complete on November 21 assuming all the usual closing requirements are met. Eyeing Further Bitcoin Gains The selling of MicroStrategy’s notes has the potential to propel the price of Bitcoin beyond $100,000. A milestone never before achieved. Bitcoin has risen more than 37% in the last month, and achieved new all-time highs recently. Approximately $2.58 billion, or up to $2.97 billion if the initial buyers acquire the maximum number of additional notes, is what MicroStrategy predicts the transaction will bring in. The company has said that it would utilize the money for business reasons and to buy more Bitcoin. Bitget Research’s principal analyst Ryan Lee is among many who believe Bitcoin will hit $100,000 by the month’s end. The positive infusion of capital into Bitcoin exchange-traded funds (ETFs) is also adding fuel to the fire. According to statistics compiled by Farside Investors, US spot Bitcoin ETFs saw a net inflow of more than $816 million on November 19th. During the trading week of November 11–15, US Bitcoin ETFs received more than $1.67 billion. Marking their sixth week in a row of net positive inflows. Highlighted Crypto News Today: China Expels Yao Qian Over Crypto Regulation Corruption and Abuse of Power