Los Angeles, USA, October 19th, 2024, Chainwire $DOG of Bitcoin announces the release of its limited-edition $DOG Plushie, set to launch on October 19, 2024, an occasion now being called “$DOGTOBER 19.” These collectible plush toys provide fans and newcomers with a tangible connection to the $DOG ecosystem, bridging the digital world of cryptocurrency with a physical collectible designed for both enjoyment and community engagement. This exclusive collection, featuring 100,000 individually serialized plushies, will be available globally on launch day. Each plushie will wear one of three hoodie colors—Common, Uncommon, or Rare, each inspired by milestones in $DOG’s journey within the Bitcoin blockchain. This release aims to offer fans a unique, tangible keepsake while marking $DOG’s entry into physical products, a move that distinguishes it within the cryptocurrency landscape. In addition to being a collectible, the $DOG plushies come with exclusive benefits for holders. Owners will gain entry to the $DOG Millionaire Raffle, where they have the chance to win up to 10 million $DOG tokens, currently valued at over $100,000. The first 1,000 buyers will also receive a complimentary Ordinals Profile Picture (PFP) NFT. As part of its community-focused mission, $DOG of Bitcoin will donate 10% of plushie sales to children’s orphanages and dog shelters. The $DOG project, which launched after the activation of the Runes Protocol on Bitcoin, distinguishes itself through its fair distribution model, releasing all 100 billion tokens to holders of Runestone Ordinals NFTs. This upcoming plushie release further establishes $DOG’s presence both on-chain and in the real world, reinforcing its commitment to innovation and community engagement within the Bitcoin space. Plushies will be shipped worldwide, allowing collectors and fans to connect with the $DOG brand wherever they are. For further information about the $DOGTOBER 19 launch and to purchase, visit the official $DOG shop. For the latest updates, users can follow $DOG of Bitcoin on X. About $DOG of Bitcoin $DOG of Bitcoin is a pioneering meme coin project launched on the Bitcoin blockchain following the activation of the Runes Protocol. The project is designed with a strong commitment to fairness and decentralization, distributing its entire supply of 100 billion $DOG tokens to holders of Runestone Ordinals NFTs. As the first meme coin to establish itself on the Bitcoin network, $DOG of Bitcoin aims to foster a community-driven ecosystem that celebrates Bitcoin’s principles while engaging fans through unique initiatives. With its innovative distribution model and community-focused values, $DOG of Bitcoin is setting new standards within the meme coin space, offering both digital and physical connections to its growing community. For more information, users can visit https://dogofbitcoin.com. Social Media: X: https://x.com/DogOfBitcoin Instagram: https://instagram.com/DogOfBitcoin TikTok: https://tiktok.com/@dogofbitcoin Contact Vittorio Pantoliano $DOG of Bitcoin [email protected]

Selecting a suitable cryptocurrency wallet is fundamental for safeguarding assets like Bitcoin. With an array of wallets available, each boasting distinct features from enhanced security to reward programs and staking opportunities, identifying one that suits your needs is crucial. This review will cover four prominent crypto wallets—Plus Wallet, Coinbase Wallet Web3, Crypto.com DeFi Wallet, and Exodus Wallet—each tailored to different user requirements and offering unique advantages. 1. Plus Wallet: Secure, Comprehensive, & Rewarding Plus Wallet, available for iOS and Android, offers robust security and a broad range of features. It supports multiple blockchains and numerous cryptocurrencies, addressing diverse crypto needs. Key features include biometric authentication and local private key storage, granting users complete control over their assets. The interface is user-friendly, ideal for beginners, with added functionalities such as crypto swapping, NFT storage, and invoicing. Plus Wallet’s Refer to Earn program allows users to gain USDT rewards through referrals. As invitees perform swaps, both parties benefit, facilitating a steady flow of passive income. The potential earnings are unlimited, enabling users to significantly enhance their income as their referral network expands. This program converts everyday interactions into profitable opportunities, increasing the appeal of Plus Wallet for crypto users. 2. Crypto.com DeFi Wallet: Access to Over 700 Assets Crypto.com DeFi Wallet caters to those looking for a secure platform for prominent cryptocurrencies such as Bitcoin, Ethereum, and USD Coin (USDC). It is compatible with over 700 crypto assets, including significant stablecoins and leading cryptocurrencies by market cap. The wallet enables easy access to DeFi products and supports staking for tokens such as Cosmos (ATOM) and Cronos (CRO), with security enhancements like two-factor authentication and biometric access. However, it lacks direct customer support and has faced security issues. 3. Coinbase Wallet Web3: Flexible & Safe Coinbase Wallet Web3 from Coinbase is a premium choice that supports a broad array of cryptocurrencies. It facilitates easy connectivity with several decentralized exchanges (DEXes) and is compatible with Ledger cold storage, offering robust security for long-term investments. Despite its higher fees and the lack of asset recovery options, its staking capabilities for various coins make it an attractive option for active cryptocurrency participants. 4. Exodus Wallet: Comprehensive Learning & Staking Options Exodus Wallet, supporting over 100,000 cryptocurrencies, stands out with its extensive educational content, perfect for beginners. It allows users to trade and stake cryptocurrencies like Cosmos, Tezos, and Solana directly in the wallet, with offline storage options via Trezor integration. While its security features may not be the most advanced, Exodus provides asset recovery services, offering additional reassurance for users prioritizing both ease of use and educational resources. Evaluating Your Choices Choosing a crypto wallet for 2025 is a personal decision influenced by individual preferences and needs. Each wallet—from Plus Wallet with its referral benefits, Coinbase Wallet Web3’s extensive asset compatibility, Crypto.com DeFi Wallet’s focus on DeFi, to Exodus Wallet’s educational offerings—provides distinct benefits. Considering aspects like security, potential earnings, and asset support is crucial in pinpointing the wallet that best meets your specific cryptocurrency objectives, ultimately enhancing your experience in the dynamic digital asset environment. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

In our analysis of 2024’s top crypto projects, we start with Tron, which has been a beacon of stability in the volatile cryptocurrency market. Tron has successfully maintained its value, consistently trading above the $0.1560 mark against the US Dollar. This steady performance showcases Tron’s resilience, which has not only outpaced competitors but also shown potential signs of further upward movement. Moving on, Solana’s prospects are looking increasingly promising. Market predictions suggest that Solana may ascend to new heights if it successfully breaks through the $144 resistance level. This optimism is fueled by its recent recovery, navigating past significant support levels and indicating a positive trend in its trading behavior. Amid these developments, BlockDAG (BDAG) presale phase is making substantial strides, with the goal of reaching $600 million within sight, and nearly $100 million already secured. The rapid pace of this presale has sparked significant anticipation of a notable increase in BlockDAG’s value. Analysts have projected that by 2027, BlockDAG’s value might escalate to $20, marking it as an intriguing opportunity for those looking for impactful ventures within the crypto space. Tron’s Stability: A Model of Resilience Tron continues to demonstrate commendable stability, maintaining a strong position above the $0.1560 level. This consistent performance is noteworthy, especially when compared to the broader cryptocurrency fluctuations, including Bitcoin. After a brief dip, Tron swiftly rebounded, surpassing the $0.1600 resistance and peaking at $0.1618 before a slight retraction. Despite this, Tron continues to hold well above critical support levels, trading around $0.1580. This is aligned with key technical indicators like the 100-hourly simple moving average, reinforcing a stable outlook for Tron as it prepares for potential future advancements. Solana’s Market Dynamics: Poised for Growth? Recently, Solana tested the $135 support level and has begun to rebound from earlier setbacks. As it approaches the $144 resistance mark, there is growing optimism that it might achieve bullish momentum, which could significantly influence its market trajectory. After surpassing intermediate resistance levels at $146 and $148, Solana reached up to $152 before encountering a pullback, mirroring trends seen in other major cryptos such as Bitcoin and Ethereum. Currently, Solana has successfully regained positions above the $140 mark. The forthcoming resistance near $144 will be crucial in determining whether Solana can maintain its upward trajectory or if it will face another corrective phase. BlockDAG’s Presale Nears Historic $600 Million Amid Strong Market Interest BlockDAG is quickly making headlines in the cryptocurrency world with its extraordinary presale achievements. The platform is nearing the significant $100 million mark, tracking towards an ambitious $600 million target in just two months. Already with over $98 million secured, BlockDAG is on its way to becoming one of the largest presales in the history of cryptocurrency. This remarkable progress underscores the robust interest and confidence in the BlockDAG ecosystem. Distinguishing itself from other blockchain projects, BlockDAG employs a pioneering Proof of Work consensus mechanism. As a frontrunner in Layer 1 blockchain technology, BlockDAG appeals to those eager to explore cutting-edge developments. The rapid sell-out of each presale batch further highlights the intense activity and keen interest in the project. Currently in its 24th batch, BlockDAG offers coins at an accessible price of $0.0206. As the presale advances, anticipation is mounting, stimulating discussions about the future potential of BDAG. Analysts have speculated that BlockDAG’s value could climb to $20 by 2027, reflecting its rapid growth trajectory and expanding community engagement. Crypto enthusiasts are keeping a close eye on BlockDAG’s progress. Early supporters have already witnessed a significant return on their initial engagement, with a 1960% ROI being reported. With BDAG coins still available at a relatively low price, the current phase presents a timely opportunity for new participants to engage with a project that could offer substantial future rewards. 2024’s Top Cryptocurrencies: Stability and Growth In our overview of the cryptocurrency market, Tron continues to demonstrate remarkable stability, consistently maintaining a value above the $0.1560 mark. This consistent performance showcases Tron’s resilience amidst ongoing market fluctuations. Meanwhile, Solana is experiencing a promising recovery. Following a period of testing crucial support levels, its price predictions are now trending higher, signaling a potentially strong rebound. BlockDAG’s presale is experiencing consistent growth, establishing it as a key player among the top crypto projects. As it rapidly approaches the monumental $600 million goal, the presale phase could conclude soon. Those considering engaging with BlockDAG might find this an opportune moment to participate, potentially positioning themselves to benefit from future value increases as the project continues to expand and evolve. Discover More About BlockDAG: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

TRON, with its native token TRX, has been on a tear in the last few months, with its impressive market cap growth. Based on Messari’s tracking for Q3 2024, TRX’s market capitalization increased by 24%, from nearly $11 billion to $13.5 billion. This marks the seventh consecutive quarter in which the token has increased its circulating market cap, pushing the company into the Top 10 biggest cryptos by market cap. TRX’s price surge also extended to TRX/BTC pairing, which also notched a 25% increase. The token sits below XRP and Dogecoin in the list of top cryptos by market cap. It is powered primarily by USDT transactions and is launching on SunPump, the first ‘meme fair and online platform’. TRON Gets A Boost From SunPump The TRON network saw a massive increase in transaction volume in the third quarter thanks to the launching of SunPump. According to reports, TRX transactions increased 29% this third quarter to $151 million. In August alone, over 270 million TRX valued at $42 million was burned on SunPump. It’s considered the largest single-day burn for TRON. As a deflationary token, TRX is burned every time it’s used in a transaction to prop up its value. TRON Supply Dips In Q3 TRON sets a fixed supply of 100 billion coins to protect its value and prevent inflation. TRX’s market supply dipped from 87.20 billion in the third quarter to 86.62 billion. The network’s burning schedule, which outpaces the minting of new tokens, supports this. In short, TRX’s annualized inflation rate hit -2.7% compared to -2.4% from the previous quarter. TRON strives to find a balance between burning and printing new tokens. The network aims to decrease the token’s circulating supply, which can benefit holders and investors. Also, the yield in staking TRX has increased 13% quarter-on-quarter, which attracts more users and investors. Big Things Ahead For TRON TRON is now one of the biggest cryptos by market cap, now valued at $13.5 billion. Holders and users can expect sustained growth for the network, thanks to increasing revenue, partly driven by the launching of a new meme coin fair and platform. Also, the network’s token-burning policy currently outpaces minting, thus boosting the potential value of the token. Finally, stats from Dune suggest that over 90,000 meme coins have been launched through TRON’s network using SunPump. August 20th was the most active day, with over 7,500 coins released, highlighting the meme coins’ platform role in sustaining TRON. Featured image from IQ.wiki, chart from TradingView

Renowned crypto analyst, ‘Egrag Crypto’ took to X (formerly Twitter) to unveil three critical price targets for XRP in this bull cycle. Despite XRP price experiencing persistent stagnation, the analyst has projected a major price increase as high as 4,800% for the popular cryptocurrency. Major Resistance And Support Targets For XRP On 17 October, Egrag Crypto shared three major targets for the XRP price based on Channel B, a distinctive boundary XRP has struggled to breach for years. In the monthly time frame, XRP faces three primary resistance targets and three support marks. XRP price action within Channel B is constrained by key resistance levels that may dictate whether the cryptocurrency can break free from its long-term consolidation cycle. According to the analyst’s XRP price chart, the first major resistance level is seen around the $0.6450 price mark. Over the past few months, XRP has risen above $0.6, fueling hopes of a potential breakout but ultimately declining back to $0.5. A significant breakout from the $0.6450 level could signal a potential bullish momentum, but it would still remain within the bounds of Channel B. The second price target, $0.85 is a key target that XRP price has also struggled to maintain over the years. It also represents a mid-range of the entire XRP Channel B. Lastly, at the top end of Channel B and highlighting the most crucial resistance level is the $1.1 threshold. A sustained break from this critical resistance could mean XRP may finally escape Channel B and rally to new levels. Additionally, assisting these key resistance levels are three major support levels. The first line of defense if XRP fails to hit $0.645 is the support level at $0.48. If the cryptocurrency also breaks down below $0.85, the next support can be seen at $0.38. Finally, if XRP fails to break through $1.1 resistance, it may find support around new lows at $0.28. XRP Bullish Price Targets While highlighting key resistance and support levels for XRP, Egrag Crypto also emphasized three bullish price targets for XRP if it can successfully close the monthly candle inside Channel B. The first major breakout target sees XRP potentially skyrocketing to $7.5, at the 1.236 Fibonacci retracement level. The next major cycle target is the 1.414 Fibonacci retracement level, with XRP price possibly surging to $13 and marking explosive all-time highs. The ultimate and final cycle target, according to Egrag Crypto, is the 1.618 Fibonacci retracement level. If XRP can reach this level, its price could skyrocket to $27, marking a monumental increase for the cryptocurrency and potentially positioning it among the top-performing digital assets in the market. It’s important to note that these predictions remain speculative, as XRP’s price at the time of writing is still trading at $0.54, according to CoinMarketCap. Featured image from CPO Magazine, chart from TradingView

LayerZero (ZRO) is currently experiencing a tumultuous phase as its recent recovery attempts falter amid mounting bearish pressure. After initially showcasing potential, the altcoin’s upward momentum has stalled, leading to a possible downturn. With key support levels at risk and bearish forces gaining traction, the outlook for LayerZero’s recovery appears increasingly uncertain. In this article, we will analyze LayerZero’s recent challenges, focusing on its stalled recovery amid intensified bearish pressure. It examines key technical indicators and market sentiment contributing to the downturn, providing insights into how these factors may impact ZRO’s price trajectory. Additionally, the article assesses critical support levels that could affect the token’s ability to navigate the current environment and explore the prospects for a potential rebound in the midst of ongoing market challenges. Current Market Landscape: Understanding The Bearish Pressure Recently, ZRO’s price has shown a bearish turn on the 4-hour chart, retracing below the 100-day Simple Moving Average (SMA) after struggling to break above this key technical level. This inability to maintain upward momentum suggests a shift in market sentiment, with selling pressure outweighing buying interest. An analysis of the 4-hour Relative Strength Index (RSI) shows a decline in the signal line, which has fallen to 44% after previously rising to 47%, indicating a shift in strength toward the neutral zone. A level of 44% means that the asset is nearing oversold territory, raising concerns about possible further declines. Also, the daily chart for LayerZero reveals negative momentum, highlighted by multiple bearish candlesticks and a drop below the 100-day SMA. The formation of several pessimistic candlesticks and the breach below the SMA suggest that negative sentiment is strengthening as sellers exert downward pressure. Finally, on the 1-day chart, the RSI has declined below the crucial 50% threshold, currently sitting at 44%. A reading under 50% implies that sellers are gaining dominance, which may lead to the asset approaching oversold territory and heightening concerns about more price declines. What’s Next For LayerZero? Based on current market activities, the price of LayerZero appears poised for an additional drop toward the $3.5 support level. If it breaches this level, it could lead to an extended downward movement for the cryptocurrency, pushing it toward other significant support levels. However, if ZRO’s price stabilizes and regains bullish momentum, it may climb toward the $4.5 resistance mark. Should it successfully breach this level, it could lay the foundation for further gains, potentially targeting even higher resistance levels as market sentiment shifts back in favor of the bulls.

Dogecoin, the world’s largest meme coin by market capitalization is now flashing a major sell signal, indicating that it may be time for investors to get out fast, and sell off their tokens before a potential decline. This sudden sell signal comes as the Dogecoin price jumped 10% following a recent comment by SpaceX and Tesla Chief Executive Officer (CEO) Elon Musk. Dogecoin Price Flashes Sell Signal Dogecoin recently caught the interest of investors after its price dramatically surged by over 10%, surpassing the $0.127 mark in one day. The massive price increase was driven by social media hype and ongoing speculation about future endorsements from Musk, following his statements of a “Department of Government Efficiency (D.O.G.E)” proposal. Despite the considerable surge in Dogecoin, analysts are cautioning that the price jump may be signaling an impending sell-off. Particularly, Ali Martinez, a popular crypto analyst took to X (formerly Twitter) to warn users that the meme coin was currently flashing a sell signal on the Dogecoin daily chart. While optimism for Dogecoin turned bullish after its price increase, it seems investors may have to get out of the market fast to preserve their new profits. While some loyal Dogecoin investors may hold on to their assets for the long term, short-term investors may be tempted to cash in on the recent gains. Based on the Dogecoin sell signal chart, Martinez predicts that the meme coin may experience a brief period of decline typically seen when meme coins experience sharp spikes. However, the analyst has also forecasted that after this short correction, Dogecoin may continue its upward momentum to reach new levels. The cryptocurrency is currently trading at $0.1446, a significant increase from its price earlier this month which was standing at around $0.11 at some point. CoinMarketCap’s data has also revealed that Dogecoin soared by a whopping 30.49% over the past week and increased by 38.81% in the last month. It’s clear that the popular meme coin is on a major uptrend, as its chart has been in the green for some time now. Although Dogecoin did see some declines previously, investors’ optimism regarding the meme coin is high as its daily trading volume has increased by 12.29%. Analyst Says Dogecoin Is Going To $1 A crypto analyst identified as ‘Crow’ on X has confidently predicted a major bullish rally for Dogecoin. On October 18, the analyst predicted that the price of Dogecoin was going to $1 soon, possibly riding the wave of the upcoming crypto bull run. The analyst shared a distinctive historical Dogecoin chart, covering the period from 2014 to the present, highlighting how the cryptocurrency had previously experienced strikingly similar market movements before hitting a price high. In line with this trend, Dogecoin seems to have created another unique triangle pattern that started in 2021 and has continued into 2024. It is possible that with the complete formation of this triangle pattern, Dogecoin may see a potential spike to $1. While the predictions remain ambitious speculations, Crow has remained confident, emphatically declaring that Dogecoin is the Bitcoin of meme coins.

Bitcoin nearly reached $69,000 yesterday, setting a new local high and further solidifying the ongoing uptrend that began in September. This price action has fueled optimism among analysts and investors, who now anticipate significant gains in the coming weeks. Investors believe Bitcoin is ready for a strong rally after seven months of sideways accumulation. Critical data from Santiment reveals that the number of Bitcoin whales—large holders of BTC—grew substantially just as the price bottomed out around $59,000 on October 10th. This increase in whale activity is often seen as a sign of “smart money” positioning for a major move. Large investors accumulating BTC during a low suggests that they are preparing for something big in the coming weeks. As excitement builds, market participants watch closely for further signals that Bitcoin could be headed for new all-time highs. With momentum on its side, Bitcoin appears ready to lead the market into the next phase of this cycle. Bitcoin Whale Activity Supports Bullish Outlook Bitcoin is trading near the historically reactive price level of $70,000. A critical zone that has consistently acted as resistance, pushing the price down five times over the past seven months. Each time Bitcoin approached this level, it triggered sell-offs or corrections, leading to caution among traders and investors. However, recent data from Santiment reveals that this resistance may be weakening due to increasing whale activity. Between October 10th and 13th, a net rise of +268 wallets holding between 100 to 1,000 BTC, signaling that large players are accumulating Bitcoin as the price rallies. Analysts often see an increase in whale wallets as a strong bullish indicator, suggesting that influential investors are positioning themselves for potential upside in the coming months. The timing of this accumulation is crucial, as it coincides with Bitcoin’s upward momentum, signaling that these big players expect further gains. As more large holders continue to enter the market, the window to buy Bitcoin at a favorable price narrows. This accumulation suggests that whales are betting on a sustained bull run, potentially weakening the $70,000 resistance level and allowing Bitcoin to push higher. With Bitcoin trading near this critical price zone, the next few weeks could be decisive, either breaking through $70,000 or facing another correction. BTC Testing Supply Levels Bitcoin is trading at $68,383 after several days of consistent highs, steadily pushing toward new supply levels. The price recently halted at $68,998 and now appears primed for a challenge to new all-time highs. This surge has created a wave of optimism, but analysts caution that a healthy retrace may be on the horizon. The 200-day moving average (MA), currently sitting at $63,322, is a key level to watch. If Bitcoin retraces to this support zone, it could signal strength for a renewed push higher, as this level has historically acted as a strong support during uptrends. Holding above the 200-day MA is crucial for maintaining bullish momentum. If Bitcoin fails to break above the $70,000 resistance in the coming week, a retrace to lower demand is expected. This pullback would allow the market to regain liquidity and reset for a potential new rally. Investors are closely watching as the price action in the next few days will determine Bitcoin’s long-term outlook. Featured image from Dall-E, chart from TradingView

Once again, Bitcoin has brought excitement to the cryptocurrency landscape as analysts predict an upward trajectory for the price of the alpha coin. The buzz of a Bitcoin price upsurge is making headlines as two crypto experts raised the possibility of it hitting the six-figure mark per coin, intensifying the discussion on the coin’s future. Bitcoin: On The Road To $100,000 Bitwise CIO Matt Hougan predicted that Bitcoin price will likely breach the six-figure level, saying that it is inevitable for the coin to reach that milestone. Hougan said, in his X post, that the bullish sentiment on the digital asset put Bitcoin on a path towards trading above $100,000. He explained that several favorable factors fuel the coin’s amplified growth, exciting traders and enthusiasts on what lies ahead for the virtual currency. Keiser’s Projection Meanwhile, Bitcoin maximalist Max Keiser shared the same sentiment about the future of BTC price, but his prediction is more than twice the price estimate given by Houghan. Keiser, who is also an advisor to El Salvador’s president Nayib Bukele, made a bold statement that Bitcoin price would surge to $220,000, saying that the coin is on track to reach a new all-time record for its price. Key Factors For The Six-Figure Price Houghan explained that a surge in BTC price is more likely due to several factors driving its price appreciation such as institutional interest, on-chain factors, and macroeconomics. All of these, he said, greatly contribute to the crypto’s price moving upward. On the other hand, Keiser believed that the alpha coin’s price would skyrocket because of gold, saying it is another “safe haven asset.” Currently, gold reached a new record of $2,713.88 per ounce, the first time it has happened in the last four years. Keiser suggested a correlation between gold and the crypto, arguing that once gold price hits an all-time high, Bitcoin will follow and reach a similar milestone. He tweeted that for every $1 price hike in gold, Bitcoin moves up by $20. Hence, he is confident that Bitcoin can quickly reach the $220,000 level in the near future. Bitcoin And The US Election The looming US presidential election in November is seen as another catalyst in Bitcoin’s price appreciation. It has been observed that Bitcoin has been one of the key issues that US political candidates face in this year’s elections, wherein it has become necessary to stipulate their stance on cryptocurrencies. However, some believe that BTC prices will continue to have a strong performance regardless of who wins the presidential race. Featured image from IG, chart from TradingView

Crypto analyst Ash Crypto has alerted the crypto community that $33.14 billion is at risk if the Bitcoin price reaches $72,462. This relates to the short positions that could be liquidated if the flagship crypto hits that price target, a development that will be bullish for BTC. Almost $33.14 Billion Will Be Wiped Out If Bitcoin Price Hits $72,462 Ash Crypto mentioned the liquidation alert in an X post, revealing that $33.14 billion worth of shorts will be liquidated if the Bitcoin price hits $72,462. These BTC bears are already in danger of getting liquidated, considering that the flagship crypto is fast approaching the $70,000 price level. This could pave the way for an extended rally to this liquidation price and even beyond. The liquidations of these Bitcoin shorts could be bullish for the flagship crypto, leading to an extended rally to new highs, especially with the current ATH of $73,00 being in sight once the price hits $72,462. However, there is also a scenario where the Bitcoin price could correct to flush out overleveraged longs before it continues with its move to the upside. For now, the Bitcoin price undoubtedly boasts a bullish outlook, considering how the flagship crypto has rallied since the start of this week. BTC briefly touched $69,000 on October 18, further providing optimism that the crypto could reach a new ATH soon enough. Standard Chartered recently predicted that it will likely happen before the November 5 US elections. Although that remains to be seen, it is worth mentioning that Bitcoin’s demand is again on the rise, which could fuel this rally to a new ATH. Specifically, the Spot Bitcoin ETFs, which fueled the run to a new ATH earlier in the year, are again actively accumulating. SpotOnChain data shows that these Bitcoin ETFs witnessed a net inflow of $2.13 billion this week. BlackRock, in particular, added $1.14 billion worth of BTC to its holdings. Bear Analyst Warns Crypto Traders Analyst Justin Bennett, known for bearish analysis, has warned traders to be cautious about trading amid this recent Bitcoin price rally. He stated that things do not add up and that staying cautious during periods like this is the best way to survive. He added that he won’t be making any bold predictions at the moment because the data is conflicting. However, he suggested that market participants shouldn’t be excited about Bitcoin’s breakout from the seven-month range. This followed his statement that the rally was primarily perp-driven and that open interest is back at its late July peak. Crypto analyst CrediBULL Crypto, who has been a Bitcoin bear lately, also warned that the Bitcoin price rally is being driven by the perpetuals market. In a recent X post, he noted that open interest has officially surpassed the level it was at before the last BTC drop from $70,000 to $49,000.

As communities of the crypto space increase so does the amount of ludicrosity that comes with it, as meme coins are now starting to shine and seemingly trying to change the digital currency landscape. On the spotlight today is the meme coin BONK. If the meme coin breaks $0.000041 in October, it will have already made history because it set a new milestone and secured a tough spot for itself in the market — and setting the stage for what an analyst says is the “start of the dog season.” BONK: Recent Price Movements Signal A Shift Recently, the price activity of BONK suggests a trend reversal. After hitting bottom at $0.000001567, the coin recently started gaining traction upward and grabbed the attention not only of the retail but also of the institutional market. Of interesting note here, the last increase in price was 8.59%. Until the date of this rise, it hasn’t changed much from this percentage. Over the past week, BONK has surged almost 20% and traded from $0.000001917 to nearly $0.000002395. Technical Indicators suggest it forms a rising wedge and may follow through with the double bottom pattern formed on June 24 at the level of $0.000001984. An upward-pointing MACD with a bullish crossover further complements its upward momentum. Key Resistance Levels And Analyst Predictions BONK has met strong resistance at the 38.2% Fibonacci retracement, which stands at $0.000002265, ignoring the recent rally. If it cannot break through this level, the coin will proceed into a consolidation rather than upwards. The next resistance that BONK needs to break through is the 50% Fibonacci retracement standing at $0.0000025. According to estimations from the analysts, at this level, the price will advance to a high of either $0.0000035, $0.0000048, or $0.0000070. Potential Setbacks And Market Volatility However, BONK does not have an easy ride ahead. On one hand, the coin recently faced a minor 1.07% intraday drop in price accompanied by signs of price rejection, this may speak to or lead to possible short-term volatility, which can further detriment the growth of the meme coin. Another retest of the broader falling channel pattern might thus lie ahead, which could precede yet another breakout attempt. With meme coins back on the map in the crypto sphere, everything about BONK in October will be followed closely as the market waits to see if the coin continues upward, hitting new heights, or runs into new low points in the weeks to come. Featured image from WIKIWIKI, chart from TradingView

Solana (SOL) has been experiencing significant volatility and choppy price action since Monday, testing a crucial supply level that will determine its direction in the coming weeks. As the market continues to push higher, most analysts and investors are anticipating a potential surge for SOL, especially with the $160 resistance level appearing to weaken under recent upward pressure. The crypto community is closely watching these developments, as breaking through this key resistance could lead to substantial gains for the altcoin. Top analyst and investor Carl Runefelt recently shared a technical analysis that paints an optimistic picture for Solana’s price action in the next few hours. According to Runefelt, the weakening resistance could pave the way for a breakout, with bullish momentum carrying SOL to higher targets. While the market remains volatile, confidence in Solana’s ability to overcome current challenges is growing. If the supply level is breached, it could mark the start of a new upward trend, making SOL a focal point for traders looking for opportunities in the current market landscape. The next few days will be critical in shaping Solana’s trajectory, as investors will closely monitor whether the price will confirm the anticipated rally. Solana Bullish Pattern Signals Momentum The entire crypto market is experiencing heightened volatility, and Solana has not been immune to it, with its price fluctuating between $148 and $160 since Monday. This consolidation phase has left traders eager to see which direction the altcoin will take in the coming days. Runefelt recently shared a technical analysis on X, highlighting that Solana is breaking out of a 1-hour Falling Wedge pattern, a bullish signal. The immediate upside target is $159.6, a level that, if broken and sustained, could lead to a massive surge toward $185—a significant move that would position Solana near its yearly highs. Despite this bullish setup, the market remains cautious, and there is still the risk that Solana could fail to reclaim key levels. If the price struggles to break and hold above the $159.6 resistance, the current consolidation could persist or even lead to a potential pullback, with downside targets near $148. Such a scenario would disappoint bulls looking for a rally and could dampen market sentiment temporarily. A confirmed breakout and sustained momentum could signal the beginning of a new bullish phase, attracting both retail and institutional investors. However, the risk of a failed breakout looms, keeping market participants on edge. Traders are watching closely as Solana’s next move will likely set the tone for its performance over the next few weeks. If it breaks through resistance, SOL could be well on its way to challenging yearly highs. Technical Levels To Watch Solana is currently trading at $154 after finding support at the 200-day moving average (MA) at $150.7, a critical level that signals long-term strength if it holds as a demand zone. This MA has historically acted as a key indicator for market trends, and holding above it would reinforce the bullish outlook for SOL. For bulls to maintain momentum, the price must stay above the 200-day MA and push to break the crucial $160 resistance, a level that has capped Solana’s upward movement since early August. Breaking through this resistance would signal a potential surge in price, opening the door to further gains in the coming weeks. However, if SOL fails to hold above the 200-day MA and cannot overcome the $160 resistance, it risks a corrective move. A drop below the 1D 200 MA could lead to a decline toward $140, a level that will play a pivotal role in determining the next phase of Solana’s price action. Bulls and bears alike are closely watching these key levels, as the next move could set the tone for Solana’s performance in the near term. Featured image from Dall-E, chart from TradingView

As we delve into the leading crypto projects of 2024, we start with Tron, which is showcasing remarkable stability in the market. Tron continues to hold its value, consistently staying above the $0.1560 mark against the US Dollar, suggesting a stable trajectory in comparison to other cryptocurrencies. Turning our focus to Solana, the outlook is increasingly positive. Analysts are optimistic about Solana’s potential to climb higher, eyeing a breakthrough past the $144 resistance level that could set the stage for new highs. Amid these developments, BlockDAG (BDAG) is making significant strides in its presale phase, rapidly approaching the $100 million mark and setting its sights on a monumental $600 million goal. This swift progression is sparking anticipation among crypto enthusiasts, with projections estimating BlockDAG’s value could ascend to $20 by 2027, marking it as a standout coin for those looking for significant opportunities in the crypto landscape. Tron Shows Resilience in the Market Tron is demonstrating resilience, maintaining its value well above the $0.1560 threshold. This stability is particularly notable as it surpasses even Bitcoin’s performance under similar conditions. Tron recently rebounded above the $0.1600 resistance level, achieving a high of $0.1618 before undergoing a slight correction. Despite this, Tron remains robust, trading around $0.1580 and holding strong against major technical benchmarks like the 100-hourly simple moving average, indicating sustained stability as the market anticipates its next move. What’s on the Horizon for Solana? Solana, after touching the $135 support base, is beginning to reverse its earlier losses. With its sights set on overcoming the $144 resistance mark, Solana could potentially gather bullish momentum. A successful move beyond this point may significantly alter its trading pattern, signaling a positive trend. Having surged past $146 and $148, Solana reached up to $152 before experiencing a pullback, mirroring trends observed in Bitcoin and Ethereum. Currently, Solana is regaining strength, pushing back above the $140 mark. The forthcoming resistance near $144 will be crucial in determining whether Solana can sustain its recovery or if it might face another setback. BlockDAG Presale Approaches Historic $600M Goal with Remarkable Speed BlockDAG is swiftly gaining the spotlight in the cryptocurrency world with its unprecedented presale journey. Rapidly approaching the $100 million mark, the platform is on a fast track towards an ambitious $600 million target within merely two months. Having already accumulated over $98.7 million, BlockDAG is poised to become one of the most significant presales in the history of cryptocurrency, reflecting robust interest and confidence within the BlockDAG ecosystem. Distinctive from other blockchain initiatives, BlockDAG employs a modern Proof of Work consensus mechanism, establishing its leadership in Layer 1 blockchain technology. This innovative approach has attracted a wave of enthusiasts keen to partake in BlockDAG’s advanced offerings. The overwhelming demand is evident as each batch of presale coins has been swiftly purchased, signaling strong activity and engagement within the community. Currently, in its 24th batch of presale, BlockDAG offers coins at the competitive price of $0.0206. With the presale advancing, anticipation among the community is heightening, leading to widespread speculation about the potential future value of BDAG. Analysts are envisioning a price target of $20 by 2027, bolstered by the project’s rapid progression and growing user base. Crypto enthusiasts are keeping a close eye on BlockDAG’s scale-up efforts, and early participants are already benefiting from a 1960% ROI. With BDAG coins still available at a relatively low price, now presents a timely opportunity for new participants to engage with a project that could offer significant returns in the future. 2024’s Top Cryptos Overview In other crypto news, Tron continues to demonstrate resilience, consistently maintaining a value above the $0.1560 threshold, showcasing remarkable stability in a fluctuating market. Meanwhile, Solana is making strides in its recovery, with price predictions looking optimistic as it navigates past crucial support levels. As for BlockDAG, its rapid and steady presale growth not only marks it as a standout in the crowded crypto market but also suggests that the closing of its presale could be imminent. Those contemplating acquiring BlockDAG coins may find it prudent to act swiftly, potentially adding a transformative asset to their holdings as the project continues to expand and evolve. Discover More About BlockDAG: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

In a bullish trading week, Ethereum (ETH) surged by over 8% as its market price returned above the $2,600 price mark. However, amidst this rally, certain market developments have occurred which raises questions over Ethereum’s future price movements. 50,000 ETH Flow Into Derivative Exchange – Price To Rise Or Fall? In a Quicktake post on CryptoQuant, an analyst with username Amr Taha reported there has been a positive net flow of over 50,000 ETH valued at $132.12 million on derivative exchanges. In this context, net flow measures the difference between the amount of ETH deposited and the amount of ETH withdrawn from derivative exchanges, which are standard trading platforms for products such as options and futures contracts. Therefore, a positive net flow indicates a higher amount of ETH has been deposited than withdrawn on the last day. Analyzing the implications of this development on Ethereum’s price, Amr Taha has postulated two situations. First, the analyst states that a positive net flow to derivative exchanges could indicate a potential rise in selling pressure as traders may be looking to offload their ETH either by opening a short position or selling through a futures contract at a predetermined price. Alternatively, a positive net flow may indicate that traders are depositing ETH to use as collateral for margin or future contracts betting that the price of ETH will rise, thus expressing confidence in the token’s profitability. Essentially, this massive positive ETH net flow holds significant potential to swing Ethereum’s price either way based on traders’ actions. Ethereum Prepares For Encounter With Crucial Resistance In other news, Ethereum continues to trade at $2,636 reflecting gains of 1.11% and 12.89% in the last one and 30 days respectively. Meanwhile, the token’s daily trading volume is up by 12.89% and is valued at $17.06 billion. However, despite these positive metrics, data from CoinMarketCap shows that market sentiment towards the altcoin is largely bearish as investors perhaps anticipate a price retracement following the ETH’s recent gain in the last week. Interestingly, the Ethereum daily chart shows the token is approaching a key resistance level at $2,700 which has served as a strong rejection zone over the last two months. Albeit, the relative strength Index is still some significant distance away from the overbought zone indicating Ethereum’s price rally may be far from over and may break past this resistance level. In addition, analysts have observed an ascending triangle pattern on the ETH hourly chart indicating strong bullish potential to surge past $2,700 reaching as high as $2,870 in the coming days.

Bangkok is about to become the epicenter of the digital revolution — get ready to be blown away! This November, the WOW Summit will descend upon the city. The goal it pursues? To introduce the latest and greatest in blockchain, Web3, AI, mobility, and fintech. With its expanded focus and world-class lineup, WOW Summit offers attendees a unique opportunity to explore cutting-edge trends, engage with distinguished speakers, and join a vibrant community of like-minded enthusiasts. This event is a ticket to the future, where the boundaries of technology are pushed to their limits — and beyond. The event’s CEO, Ivan Ivanov, uncovers the behind-the-scenes of the WOW Summit. Read further to dive deeper into the details of this season’s must-attend event! What can attendees expect at the WOW Summit? At WOW Summit 2024, you’re not just attending a conference; you’re stepping into the future of technology. We’re shaking things up with a dynamic and immersive event that’s unlike anything you’ve experienced before. There are enough conferences where people come, listen and go. But that’s not our story. Imagine a summit where you’re not just a passive listener, but an active participant in shaping the future. Our lineup of world-class speakers and inspiring agenda offer unique opportunities to do just that. We’re expecting to join over 5,000 attendees from more than 30 countries, facilitated by strong community ties across diverse regions, including China, Southeast Asia, Europe, the Middle East, and the Americas. This truly global representation will ensure that discussions and collaborations at WOW Summit reflect a wide range of perspectives. This makes the event a catalyst for new partnerships, innovations, and industry standards, and it should be a vibrant environment for networking and collaboration. Our interactive learning approach, including workshops and demonstrations, ensures that everyone can grasp key concepts and participate meaningfully. How does the expanded focus on AI, mobility, and fintech enhance WOW Summit 2024? WOW Summit’s broader focus on AI, mobility, and fintech attracts a wider audience — and also showcases practical applications, explores future trends, and stimulates investment. By moving beyond mere Web3 and blockchain, the summit attracts a wider audience, creating a more diverse and dynamic environment for collaboration and innovation. Integrating these emerging fields showcases how blockchain and Web3 concepts are being adopted in practical ways, allowing attendees to see the tangible impact of these technologies and explore their potential across various industries. Besides, this broader perspective helps attendees gain insights into how different technologies will converge and shape the landscape in the coming years. Bringing together experts from various fields fosters a cross-inspiration of ideas, sparking new applications and solutions within the Web3 space and vice versa. Highlighting these growth sectors can attract investors seeking opportunities in the future of technology, benefiting startups showcasing their work at the summit and stimulating further growth within the industry. Overall, the expanded focus positions WOW Summit 2024 as a premier event for anyone interested in the cutting edge of technological innovation and its impact on various industries. It fosters a more holistic view of the future where blockchain, Web3, AI, mobility, and fintech work together to shape the world of tomorrow. With such a large international audience, how will WOW Summit ensure an all-embracing experience? Fostering inclusivity for our international audience is a top priority. We’ve built strong community ties across various regions, ensuring our content resonates with a wider range of interests. The event’s size and timing offer ample networking opportunities, and we’re designing a program that transcends language barriers through visual aids and interactive elements. While we’re still finalizing details, we’re exploring options for multilingual support to further enhance the experience for our international guests. Our goal is to create a welcoming and comfortable atmosphere where attendees feel empowered to participate, learn, and connect with the global tech community. The event will be held concurrently with major tech events like Thailand Blockchain Week, ETHGlobal, and Devcon. How do you see this synergy benefiting attendees and fostering cross-industry collaboration? As our summit coincides with other major industry gatherings, it presents a prime platform for networking, collaboration, and gaining valuable insights into the evolving digital landscape. By centralizing tech events in Bangkok, we’re fostering a vibrant ecosystem where industry professionals can easily network, learn, and explore multiple events. In my opinion, it will be a unique and valuable experience for attendees. This overlap of events creates opportunities for ideas exchange, knowledge sharing, and building relationships. Ultimately, this synergy will help to strengthen the overall tech industry ecosystem by driving innovation, collaboration, and growth. With their expanded focus and world-class speakers, WOW Summit, Blockchain Week and other events are the ideal space for attendees to meet the latest technological advancements, connect with industry leaders, and be at the forefront of digital innovation. How will WOW Summit 2024 contribute to the future of Web3? WOW Summit 2024 is set to be a game-changer for the future of Web3 by bringing together the most innovative minds, leading thinkers, and dynamic organizations from around the globe to explore, discuss, and shape the direction of digital technology. By hosting the summit in Bangkok — a rapidly growing hub for tech innovation in Southeast Asia — we’re creating a unique space for both established leaders and emerging players to connect, collaborate, and co-create. Basically, it reminds me of the choice scene in Matrix: pick the blue pill, and keep on adapting to the evolving landscape, or pick the red pill, and shape the evolution yourself. This year, our focus is not only on the technology itself but also on the broader ecosystem that surrounds it, such as regulatory landscapes, societal impact, and practical applications. By doing so, WOW Summit 2024 becomes the ultimate platform for fostering dialogue on the most pressing issues and opportunities within Web3. Our strategic partners, like Oasis Labs, Tongzheng Education, DTC Group, MMPro Group, and Uvecon.VC, bring unparalleled expertise in areas ranging from Web3 education and incubation to providing essential tools and resources for crypto initiatives. These partnerships not only elevate the quality and impact of the event but also ensure that the conversations and connections forged here will have long-lasting implications for the Web3 ecosystem. I believe this summit will set new benchmarks for the industry, drive the development of transformative technologies, and help create a more decentralized, secure, and user-centric digital world. So, join us in Bangkok and be a part of the future of Web3! Learn more about the event and book your spot at https://bangkok2024.wowsummit.net Disclaimer: The information provided in this interview article is for informational purposes only. It is not intended to be, nor should it be construed as, investment advice, financial guidance, or a recommendation to make any specific decisions. Readers are encouraged to conduct their own research.

Players may participate in events and challenges via the Monster Smash 2 program and earn candy currency. A brand-new, spooky stadium will be included in the Halloween program, complete with frightening card effects. NFL Rivals, the official video game of the NFL and the National Football League Players Association, has released its “Monster Smash 2” Halloween program. This allows players complete challenges and compete to “rewrite history” with Adrian Peterson, the game’s first NFL Legend and former NFL MVP, as the running back in a series of terrific performances. With Adrian as an exception, the show will just highlight current NFL players who have historically had strong October performances. Players in packs, weekly currency events, weekend “Main Events,” a Power Pass, and the program store including the customary legendary, epic, and rare players will all be accessible. Adrian’s editions, however, will be used throughout the game as a “free” giveaway, a Battle Pass reward, and the Legendary and Mythical Player Editions, which are the program’s top two rewards in the program narrative. Players will only be able to buy one of the two rewards—not both—using “candy,” which will be the only way to purchase them. There are forty milestones in the four-week Halloween program. Coins, gems, training resources, player cards, PFPs, and one special Epic reward player at the conclusion of the paid route are among the rewards that may be obtained throughout the battle pass. Adrian Peterson will be that special player in this promo. Winners will get exclusive rewards when they finish tasks in the program, which began on Thursday, October 17 at 8 AM PT and is anticipated to continue until Thursday, November 14 at 8 AM PT. Launch of the Monster Smash 2 Program Players may participate in events and challenges via the Monster Smash 2 program and earn “candy,” the game’s currency. Some unique Adrian Peterson cards and special Halloween players—those who have previously performed in October in a monstrous manner—can be unlocked using the “candy.” With a few exceptions, the NFL players will still have their core group in packs and their “chase” players during events, much as in prior programs. Eight Legendary, eight Epic, and up to ten Rare players will be included in the packs, along with seven more “chase” players who will be highlighted in the promo store and weekend activities. To be clear, there are no packs of the seven “chase” players. Users may spend their “Candy” cash on uncommon, epic, and legendary players in the promo shop, while four players will be made available as weekend event awards. This enables gamers to progress their challenge series and unlock some of the top players in the game. Additionally, Adrian Peterson will get several edition rewards at various program areas. Through the themed “Challenges,” players will have the opportunity to experience some of Peterson’s most iconic moments. First, a “Base Card,” a free prize on the first node in “Challenges,” will be available to any player layer who checks in. Second, after completing the program’s rapid play “Challenges,” players will be awarded with the “Rare NAT” edition, a rare and non-tradable edition. At the conclusion of the Battle Pass, players may additionally claim the “Epic LE” edition as a reward. Last but not least, players may buy Legendary and Mythical, two top-tier cards (Adrian Peterson versions), for candy currency in the promo store. Tasks and Challenges in Monster Smash 2 As previously said, players will need to accomplish 40 milestones in 4 weeks in order to collect promo XP, which will advance them in the Rewards battle pass. While some change every day, others do so for longer periods of time. Players must have Adrian Peterson versions at the running back position since Monster Smash 2 will mostly concentrate on rushing chores, even if the game’s primary trade is quarterback passing. Currency-collecting activities will continue to be the major emphasis of events throughout the week, followed by player-specific “Main Events” on the weekends. Twice a week, there will be currency-collecting events with varied conditions. The main goal of these events is to provide different amounts of program currency to aid with purchases in the Promo Store. Some of the top players in the Halloween program, except Adrian Peterson, will compete in the major events, which will be the most competitive parts of the game. Depending on the Adrian Peterson version you have in your lineup, the last Mythical event offers an extra benefit. Ten running challenges will also be included in the program, which will allow participants to experience some of Adrian Peterson’s most memorable moments or change history by overcoming some of his near-misses. The 2009 NFC Championship against the New Orleans Saints, the 2008 Week 10 game-winning touchdown against the Green Bay Packers, the 2013 Week 13 comeback against the Chicago Bears, the 2012 NFC Wild Card loss against the GB Packers, and, finally, the 2007 single-game rushing record in which he ran for 296 yards against the LA Chargers are just a few of the challenges. The ultimate prize for completing the “Adrian Peterson Challenge” is his RARE card, which players may use to attempt to get his more powerful versions during “Beast Events.” To assist customers in upgrading their new AP versions, any extra rewards given in between challenges have to include RB training points. Lastly, a brand-new, spooky stadium will be included in the Halloween program, complete with frightening card effects and even camera shaking when utilizing any Adrian Peterson version.

Bitcoin ETF options approval boosts institutional inflows and market liquidity. Bitcoin dominance surges, setting stage for Layer 1 coin recovery. This week marked a significant development in the cryptocurrency market, as Bitcoin (BTC) rallied by 10.48%, reaching a weekly high of $69,000. With BTC now within striking distance of the crucial $70,000 psychological level, market participants are optimistic about its near-term trajectory, particularly as no major macroeconomic data is expected to act as headwinds next week. A major catalyst for Bitcoin’s upward momentum was the U.S. Securities and Exchange Commission’s (SEC) approval of Bitcoin ETF options to be listed on the New York Stock Exchange (NYSE). This decision is expected to boost liquidity for the ETF, attracting more sustainable inflows. Throughout the week, BTC ETFs saw impressive inflows, closing Friday with $203.3 million in assets and marking a six-day winning streak. Institutional demand remains robust, as evidenced by these consistent inflows, reports QCP broadcast Moreover, Bitcoin dominance has surged to a multi-year high of 58%, a level last seen in April 2021. With key resistance at 60% approaching, analysts anticipate a recovery in layer 1 (L1) coins, which have lagged behind Bitcoin’s performance. Analysts view Ethereum (ETH) as overdue for a strong recovery. It is currently 45% below its all-time high, while BTC sits just 7.9% shy of its peak. Optimistic Days Ahead? Global macro conditions are also shaping the risk-on environment. Japan’s inflation fell to 2.5%, down from 3.0%. It reducing the likelihood of an interest rate hike by the Bank of Japan (BOJ). The Japanese yen’s weakening trend, combined with U.S. equities nearing all-time highs, continues to fuel risk appetite. It supports the broader crypto market’s bullish outlook. As part of a trade idea, the firm suggested selling BTC at $72,000 for an additional 2.8% profit if BTC surpasses $70,000 by 25 October. With BTC’s rise and institutional demand growing, the market remains optimistic about further gains as we head into Uptober. Highlighted News Of The Day Will Bitcoin Break Past $75K by Month End?

The Bitcoin price and the bull run appear to be back on the right track after recording its best weekly performance in the past month. Despite starting the week quietly and hovering around the $63,000 level, the premier cryptocurrency received fresh bullish momentum mid-week, pushing its value to almost $69,000 on Friday. The latest on-chain observation has revealed that the activity level of the Bitcoin network has been on the rise over the past few weeks. While this development might have contributed to the recent price surge, the question is — how far can it push the value of the flagship cryptocurrency? Golden Cross Could Push Bitcoin Price Past $73,737 In a recent Quicktake post on the CrypoQuant platform, an analyst with the pseudonym Yonsei_dent revealed that Bitcoin price might be forming an upward structure. This bullish prognosis is based on the growth rate of active addresses, which represents the number of unique addresses showing significant activity on the Bitcoin network. An increase in the number of these active addresses offers insight into the network activity, investor behavior or sentiment, and general market trends. Hence, observing the growth momentum of these unique addresses using moving averages (MAs) of various timelines can be quite useful in assessing current price trends. In their latest analysis, the CryptoQuant analyst utilized a 30-day moving average (30DMA) and a 365-day moving average (365DMA) to capture the growth momentum of the Bitcoin active addresses. As shown in the chart below, the 30-day moving average has witnessed a sharp spike over the past month and appears to be approaching the 365DMA. According to Yonsei_dent, the Bitcoin price could experience a positive shift in bullish momentum if the 30DMA eventually reaches the 365DMA and crosses it to the upside (making a golden cross.) In crypto terms, a golden cross refers to a bullish chart that is characterized by a relatively short-term moving average crossing above a long-term moving average. Typically, a golden cross indicates the potential of a long-term bull market starting or resuming. Ultimately, this indicates that the price of Bitcoin could be readying for a charge towards its all-time high of $73,737. ‘Bitcoin Is Establishing An Upward Structure’ — Here’s How As of this writing, the Bitcoin price is about 7% adrift of its record-high level. According to data from CoinGecko, the premier cryptocurrency is valued at $68,540, reflecting an over 2% increase in the past day. According to Yonsei_dent, the price of Bitcoin has been forming progressively increasing highs and lows since July, suggesting an “upward market structure.” However, It is worth noting that these highs and lows appear to be printing a “rising wedge” pattern, which could be bearish for the Bitcoin price.

Bullish MOG price prediction for 2024 is $0.000002214 to $0.000003532. Mog Coin (MOG) price might reach $0.000005 soon. Bearish MOG price prediction for 2024 is $0.0000007041. In this Mog Coin (MOG) price prediction 2024, 2025-2030, we will analyze the price patterns of MOG by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Mog Coin (MOG) Current Market Status What is Mog Coin (MOG)? Mog Coin (MOG) 24H Technicals MOG COIN (MOG) PRICE PREDICTION 2024 Mog Coin (MOG) Support and Resistance Levels Mog Coin (MOG) Price Prediction 2024 — RVOL, MA, and RSI Mog Coin (MOG) Price Prediction 2024 — ADX, RVI Comparison ofMOG with BTC, ETH MOG COIN (MOG) PRICE PREDICTION 2025, 2026-2030 CONCLUSION FAQ Mog Coin (MOG) Current Market Status Current Price $26.34 24 – Hour Price Change 5.72% Up 24 – Hour Trading Volume $695,741,904 Market Cap $10,570,029,268 Circulating Supply 402,764,957 All – Time High $260.06 (On Nov 06, 2021) All – Time Low $0.5052 (On May 11, 2020) MOG Current Market Status (Source: CoinMarketCap) What is Mog Coin (MOG) TICKER MOG BLOCKCHAIN Ethereum CATEGORY Meme Coin LAUNCHED ON 21st July 2024 UTILITIES Community Engagement, Token Rewards, Liquidity Provision and Speculative Trading Mog Coin (MOG) is a meme-based cryptocurrency that has recently garnered attention due to a significant rally. It has outperformed many assets in the meme coin category, driven by positive technical indicators such as an ascending triangle pattern, which suggests potential for further upward movement. The coin has shown strong market momentum, attracting both short-term traders and long-term investors. However, its performance has also raised concerns about overvaluation, with metrics like the Market Value to Realized Value (MVRV) ratio indicating high unrealized profits. This suggests that profit-taking could trigger price corrections. As part of a volatile sector, MOG remains susceptible to rapid fluctuations in sentiment and market trends, highlighting both its potential rewards and risks Mog Coin 24H Technicals (Source: TradingView) Mog Coin (MOG) Price Prediction 2024 Mog Coin (MOG) ranks 84th on CoinMarketCap in terms of its market capitalization. The overview of the Mog Coin price prediction for 2024 is explained below with a daily time frame. MOG/USDT Rounding Bottom Pattern (Source: TradingView) In the above chart, Mog Coin (MOG) laid out a Rounding bottom pattern. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory. At the time of analysis, the price of Mog Coin (MOG) was recorded at $0.00000205. If the pattern trend continues, then the price of MOG might reach the resistance level of $0.000002351, and $0.000008218. If the trend reverses, then the price of MOG may fall to the support of $0.000001309, and $0.000000706. Mog Coin (MOG) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Mog Coin (MOG) in 2024. MOG/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of Mog Coin (MOG) for 2024. Resistance Level 1 $0.000002214 Resistance Level 2 $0.000003532 Support Level 1 $0.000001328 Support Level 2 $0.000000704 MOG Resistance & Support Levels Mog Coin (MOG) Price Prediction 2024 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Mog Coin (MOG) are shown in the chart below. MOG/USDT RVOL, MA, RSI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the current Mog Coin (MOG) market in 2024. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $0.00000026956Price = $0.00000028190 (50MA < Price) Bullish/Uptrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 49.53267001049 <30 = Oversold 50-70 = Neutral>70 = Overbought Nearly Oversold Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak volume Mog Coin (MOG) Price Prediction 2024 — ADX, RVI In the below chart, we analyze the strength and volatility of Mog Coin (MOG) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). MOG/USDT ADX, RVI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the price momentum of Mog Coin (MOG). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 31.76852119921 Strong Trend Relative Volatility Index (RVI) Volatility over a specific period 54.00 <50 = Low >50 = High High volatility Comparison of MOG with BTC, ETH Let us now compare the price movements of Mog Coin (MOG) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs MOG Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of MOG is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of MOG also increases or decreases respectively. Mog Coin (MOG) Price Prediction 2025, 2026 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Mog Coin (MOG) between 2025, 2026, 2027, 2028, 2029, and 2030. Year Bullish Price Bearish Price Mog Coin (MOG) Price Prediction 2025 $0.000007 $0.0000007 Mog Coin (MOG) Price Prediction 2026 $0.000009 $0.0000006 Mog Coin (MOG) Price Prediction 2027 $0.00001 $0.0000005 Mog Coin (MOG) Price Prediction 2028 $0.00003 $0.0000004 Mog Coin (MOG) Price Prediction 2029 $0.00005 $0.0000003 Mog Coin (MOG) Price Prediction 2030 $0.00007 $0.0000002 Conclusion If Mog Coin (MOG) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Mog Coin (MOG) price prediction for 2024 is $0.000003532. Comparatively, if unfavorable sentiment is triggered, the bearish Mog Coin (MOG) price prediction for 2024 is $0.000000704. If the market momentum and investors’ sentiment positively elevate, then Mog Coin (MOG) might hit $0.000005. Furthermore, with future upgrades and advancements in the Mog Coin ecosystem, MOG might surpass its current all-time high (ATH) of $0.000002445. and mark its new ATH. FAQ 1. What is Mog Coin (MOG)? Mog Coin (MOG) is a meme-based cryptocurrency recently garnered attention due to a significant rally. 2. Where can you purchase Mog Coin (MOG)? Mog Coin (MOG) has been listed on many crypto exchanges, which include Gate.io, MEXC Global, Crypto.com Exchange, CoinEX, LBank, and Poloniex 3. Will Mog Coin (MOG) reach a new ATH soon? With the ongoing developments and upgrades within the Mog Coin platform, MOG has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Mog Coin (MOG)? On July 22, 2024, Mog Coin (MOG) reached its new all-time high (ATH) of $0.000002445. 5. What is the lowest price of Mog Coin (MOG)? According to CoinMarketCap, MOG hit its all-time low (ATL) of $0.000000004288 on July 24, 2023. 6. Will Mog Coin (MOG) reach $0.000005? Mog Coin (MOG) is one of the active cryptos that maintains its bullish state. Eventually, if this bullish trend continues then Mog Coin (MOG) will hit $0.000005 soon. 7. What will be Mog Coin (MOG) price by 2025? Mog Coin (MOG) price is expected to reach $0.000007 by 2025. 8. What will be Mog Coin (MOG) price by 2026? Mog Coin (MOG) price is expected to reach $0.000009 by 2026. 9. What will be Mog Coin (MOG) price by 2027? Mog Coin (MOG) price is expected to reach $0.00001 by 2027. 10. What will be Mog Coin (MOG) price by 2028? Mog Coin (MOG) price is expected to reach $0.00003 by 2028. Top Crypto Predictions Bonk (BONK) Price Prediction Uniswap (UNI) Price Prediction Immutable (IMX) Price Prediction Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Market analyst and President of the ETF Store Nate Geraci has backed the US-based spot Bitcoin ETFs to overtake the Gold ETFs in terms of cumulative net flows. This projection comes amidst a staggering performance by these Bitcoin ETFs in the past few days where they have attracted over $2 billion in weekly netflows. Spot Bitcoin ETFs To Surpass Gold ETF In 2 Years, Analyst Says The spot Bitcoin ETFs rattled the global financial markets this week recording net inflows of $2.13 billion according to data from SoSoValue. This massive influx of investments occurred as Bitcoin surged by 9.23%, approaching a critical resistance zone at the $70,000 price mark. Amidst this market euphoria, Nate Geraci has predicted the spot Bitcoin ETFs to record a higher cumulative total netflows than the Gold ETFs in the next two years. This forecast is largely unsurprising considering the exponential growth of these Bitcoin ETFs since their launch on January 11. For context, the Gold ETFs currently boast of combined net inflows of around $55 billion in comparison to $20.66 billion aggregate net inflows in the spot Bitcoin ETFs market. However, the Bitcoin ETFs have been trading for barely a year compared to the Gold ETFs which have been around for over 20 years. Furthermore, Bloomberg analyst Eric Balchunas recently highlighted that spot Bitcoin ETFs have amassed over $65 billion in total net assets, a milestone that took Gold ETFs nearly five years to achieve. This figure is also over 25% of the total assets under management in the global Gold ETF market. In addition, Geraci’s theory is further strengthened by the few 11 spot Bitcoin ETFs currently trading compared to the almost 5000 Gold ETFs on the global financial market. Therefore, these Bitcoin ETFs may actually be poised to overtake their Gold counterparts, especially considering the upcoming crypto market bull run and current adoption levels of digital assets. Bitcoin Set For Price Recorrection Amidst Market Surge In other news, crypto analyst Ali Martinez has shared that Bitcoin may soon experience a “short-term dip” following its recent price rally. As earlier stated, the crypto market leader gained by over 8% moving from around $63,000 to nearly breaking above $69,000. While the BTC market is currently bullish, Martinez states that the TD sequential is currently indicating a sell signal on the 4-hour chart which is strengthened by a bearish divergence on the Relative Strength Index (RSI). If Bitcoin’s price were to decline, investors would turn their attention to the $60,000 price zone at which lies its next support level. Albeit a strong selling pressure may cause the premier cryptocurrency to trade as low as $55,000. At the time of writing, Bitcoin continues to trade at $68,428 with a 0.98% gain in the last day.