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

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

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

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

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

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

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

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

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

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

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