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Bitcoin Billionaire’s 5 Best Picks for 2024 – Ethereum and New Token Lead the Charge!As the cryptocurrency market continues to evolve, seasoned investors are always on the lookout for the next big altcoin that could deliver exponential gains. While Bitcoin (BTC) remains the gold standard for many, savvy investors are turning their focus to new and emerging cryptocurrencies that offer 100x returns. In particular, a growing number of XRP and Bitcoin holders are eyeing a rising star in the crypto space that promises substantial growth potential. Let’s explore why investors are shifting their attention and which tokens are poised for breakout success. PawFury (PAW) – The New Golden Contender PawFury has emerged as the market’s new rising star, with its presale raising over 6,000,000 dollars. Analysts point to its 100x potential, marking it as a clear sign of future parabolic growth. This presale frenzy shows that investors are bullish on PawFury’s prospects, seeing it as the next-gen crypto poised for massive expansion. It’s not just another token; it’s redefining the standards of a new golden star in the crypto world. Click Here to Join the Top Crypto of 2024! Bitcoin’s price recently experienced a rise, breaking through resistance levels at $58,500, $59,500, and $60,000. However, it faced resistance near $60,650, forming a high at $60,638 before beginning a downward correction. The price has since dropped below $59,500 and a key bullish trend line. It’s now trading below $58,800 and the 100-hour Simple Moving Average. Resistance is expected near $59,200 and $60,000. Ethereum (ETH) continues to hold its ground as the leading platform for smart contracts and decentralized applications. With the ongoing upgrades to its blockchain, Ethereum aims to become more scalable and efficient, attracting many developers and projects. ETH is a strong contender for investors seeking long-term value and is expected to continue its upward trajectory as the DeFi sector expands. XRP remains a top choice for those looking at utility-driven cryptocurrencies. As Ripple, the company behind XRP, continues to navigate its regulatory challenges, the focus is on enhancing cross-border payment solutions. With growing institutional adoption and partnerships worldwide, XRP is poised to benefit from its real-world applications, making it an attractive option for investors eyeing 100x returns. Injective Protocol (INJ) is gaining attention for its innovative approach to decentralized finance. By enabling fully decentralized trading on cross-chain derivatives, Injective offers a unique value proposition that has caught the eye of crypto enthusiasts. As DeFi continues to grow, INJ could see massive gains, positioning itself as a leader in the next generation of decentralized exchanges. Sei (SEI) is a layer 1 blockchain designed specifically for trading. With a focus on speed, scalability, and low transaction costs, Sei is quickly emerging as a powerful player in the blockchain space. Its infrastructure is tailored for high-frequency trading, making it an appealing option for those looking to capitalize on the growing demand for efficient and secure trading platforms.

Bitcoin Billionaire’s 5 Best Picks for 2024 – Ethereum and New Token Lead the Charge!

As the cryptocurrency market continues to evolve, seasoned investors are always on the lookout for the next big altcoin that could deliver exponential gains. While Bitcoin (BTC) remains the gold standard for many, savvy investors are turning their focus to new and emerging cryptocurrencies that offer 100x returns. In particular, a growing number of XRP and Bitcoin holders are eyeing a rising star in the crypto space that promises substantial growth potential. Let’s explore why investors are shifting their attention and which tokens are poised for breakout success.

PawFury (PAW) – The New Golden Contender
PawFury has emerged as the market’s new rising star, with its presale raising over 6,000,000 dollars. Analysts point to its 100x potential, marking it as a clear sign of future parabolic growth. This presale frenzy shows that investors are bullish on PawFury’s prospects, seeing it as the next-gen crypto poised for massive expansion. It’s not just another token; it’s redefining the standards of a new golden star in the crypto world.

Click Here to Join the Top Crypto of 2024!

Bitcoin’s price recently experienced a rise, breaking through resistance levels at $58,500, $59,500, and $60,000. However, it faced resistance near $60,650, forming a high at $60,638 before beginning a downward correction. The price has since dropped below $59,500 and a key bullish trend line. It’s now trading below $58,800 and the 100-hour Simple Moving Average. Resistance is expected near $59,200 and $60,000.

Ethereum (ETH) continues to hold its ground as the leading platform for smart contracts and decentralized applications. With the ongoing upgrades to its blockchain, Ethereum aims to become more scalable and efficient, attracting many developers and projects. ETH is a strong contender for investors seeking long-term value and is expected to continue its upward trajectory as the DeFi sector expands.

XRP remains a top choice for those looking at utility-driven cryptocurrencies. As Ripple, the company behind XRP, continues to navigate its regulatory challenges, the focus is on enhancing cross-border payment solutions. With growing institutional adoption and partnerships worldwide, XRP is poised to benefit from its real-world applications, making it an attractive option for investors eyeing 100x returns.

Injective Protocol (INJ) is gaining attention for its innovative approach to decentralized finance. By enabling fully decentralized trading on cross-chain derivatives, Injective offers a unique value proposition that has caught the eye of crypto enthusiasts. As DeFi continues to grow, INJ could see massive gains, positioning itself as a leader in the next generation of decentralized exchanges.

Sei (SEI) is a layer 1 blockchain designed specifically for trading. With a focus on speed, scalability, and low transaction costs, Sei is quickly emerging as a powerful player in the blockchain space. Its infrastructure is tailored for high-frequency trading, making it an appealing option for those looking to capitalize on the growing demand for efficient and secure trading platforms.
Polygon Upgrades $MATIC Token to $POLPolygon, the leading Ethereum Layer-2 scaling solution, migrated its native $MATIC token to a new token, $POL, according to a Sept. 4 CoinTelegraph report. Now, $POL will serve as the network’s native gas and staking token. This transition is part of Polygon's plan to advance its infrastructure and integrate it with zero-knowledge (ZK) technology. Why the Migration to $POL? The upgrade from $MATIC to $POL is crucial for Polygon’s ambitious plans to evolve into a zero-knowledge Ethereum Virtual Machine (zkEVM) system under its “Polygon 2.0” roadmap. POL will eventually be used across multiple interoperable blockchains within the Polygon ecosystem. Polygon’s roadmap envisions $POL as a versatile token that will serve several functions beyond gas fees and staking. Validators who stake $POL will not only secure the Polygon Proof-of-Stake (PoS) chain but also have the opportunity to earn rewards by staking on other chains in the Polygon ecosystem, a concept known as the “AggLayer.” This feature is designed to consolidate liquidity and state across the network, making $POL a critical component of Polygon’s future growth. The Transition Process For most $MATIC holders, the transition to $POL will be seamless. If you hold $MATIC on the Polygon PoS chain or centralized exchanges, your tokens will automatically convert to $POL on a 1:1 basis. However, if you hold $MATIC on the Ethereum network or on Polygon’s zkEVM layer 2, you will need to manually migrate your tokens to $POL. This can be done using a migration contract provided by Polygon. The process is straightforward but is recommended for experienced users to avoid any potential issues. Despite Polygon's assurances that there is no immediate deadline for completion, it is advisable to act sooner rather than later to avoid any complications during the transition.

Polygon Upgrades $MATIC Token to $POL

Polygon, the leading Ethereum Layer-2 scaling solution, migrated its native $MATIC token to a new token, $POL, according to a Sept. 4 CoinTelegraph report.

Now, $POL will serve as the network’s native gas and staking token. This transition is part of Polygon's plan to advance its infrastructure and integrate it with zero-knowledge (ZK) technology.
Why the Migration to $POL?
The upgrade from $MATIC to $POL is crucial for Polygon’s ambitious plans to evolve into a zero-knowledge Ethereum Virtual Machine (zkEVM) system under its “Polygon 2.0” roadmap. POL will eventually be used across multiple interoperable blockchains within the Polygon ecosystem.

Polygon’s roadmap envisions $POL as a versatile token that will serve several functions beyond gas fees and staking.

Validators who stake $POL will not only secure the Polygon Proof-of-Stake (PoS) chain but also have the opportunity to earn rewards by staking on other chains in the Polygon ecosystem, a concept known as the “AggLayer.” This feature is designed to consolidate liquidity and state across the network, making $POL a critical component of Polygon’s future growth.

The Transition Process
For most $MATIC holders, the transition to $POL will be seamless. If you hold $MATIC on the Polygon PoS chain or centralized exchanges, your tokens will automatically convert to $POL on a 1:1 basis.

However, if you hold $MATIC on the Ethereum network or on Polygon’s zkEVM layer 2, you will need to manually migrate your tokens to $POL. This can be done using a migration contract provided by Polygon. The process is straightforward but is recommended for experienced users to avoid any potential issues.

Despite Polygon's assurances that there is no immediate deadline for completion, it is advisable to act sooner rather than later to avoid any complications during the transition.
DeFi Platform Rari Capital Is SEC's Latest Purge With Alleged ViolationsSEC Settles Charges with DeFi Platform Rari Capital Over Unregistered Securities As alleged in the complaint filed by the SEC, the Rari Capital Earn and Fuse Pools were crypto asset investment funds through which investors could deposit assets and earn returns. The defendants are alleged to have sold interests in those pools and associated governance tokens without registering, in violation of United States securities laws. Monique C. Winkler, the director of the SEC's San Francisco Regional Office, Rari Capital, together with co-founders Jai Bhavnani, Jack Lipstone, and David Lucid made misrepresentations to investors regarding the nature and profitability of the crypto-asset investment offerings on its platform. The firm, according to the complaint, allegedly acted as an unregistered broker. DeFi platform Rari Capital had allegedly misrepresented how much a user could gain from its Earn pools, described as automatically rebalancing to optimize profit. According to the SEC, this is really a manual process, and the results aren't always what's advertised. Undisclosed fees caused many investors to lose a lot. Crypto Crackdown Continues with Uniswap Facing Similar Scrutiny The settlement has come as part of recent enforcement actions by the commission to rein in the crypto market. Co-founders of Rari Capital agreed to final judgments, including civil penalties, disgorgement, and five-year officer-and-director bars without admitting or denying charges. The complaint filed by the SEC was filed in the United States District Court for the Central District of California. The SEC has charged several firms operating in the decentralized finance space as part of a wide-ranging crackdown on the crypto industry. Among them is Uniswap Labs, the creator of the Uniswap decentralized exchange. In May, the SEC issued Uniswap Labs a Wells Notice, charging the firm with operating as an unregistered securities exchange and broker-dealer.

DeFi Platform Rari Capital Is SEC's Latest Purge With Alleged Violations

SEC Settles Charges with DeFi Platform Rari Capital Over Unregistered Securities
As alleged in the complaint filed by the SEC, the Rari Capital Earn and Fuse Pools were crypto asset investment funds through which investors could deposit assets and earn returns. The defendants are alleged to have sold interests in those pools and associated governance tokens without registering, in violation of United States securities laws.

Monique C. Winkler, the director of the SEC's San Francisco Regional Office, Rari Capital, together with co-founders Jai Bhavnani, Jack Lipstone, and David Lucid made misrepresentations to investors regarding the nature and profitability of the crypto-asset investment offerings on its platform. The firm, according to the complaint, allegedly acted as an unregistered broker.

DeFi platform Rari Capital had allegedly misrepresented how much a user could gain from its Earn pools, described as automatically rebalancing to optimize profit. According to the SEC, this is really a manual process, and the results aren't always what's advertised. Undisclosed fees caused many investors to lose a lot.

Crypto Crackdown Continues with Uniswap Facing Similar Scrutiny
The settlement has come as part of recent enforcement actions by the commission to rein in the crypto market. Co-founders of Rari Capital agreed to final judgments, including civil penalties, disgorgement, and five-year officer-and-director bars without admitting or denying charges. The complaint filed by the SEC was filed in the United States District Court for the Central District of California.
The SEC has charged several firms operating in the decentralized finance space as part of a wide-ranging crackdown on the crypto industry. Among them is Uniswap Labs, the creator of the Uniswap decentralized exchange. In May, the SEC issued Uniswap Labs a Wells Notice, charging the firm with operating as an unregistered securities exchange and broker-dealer.
How Bitcoin mining is a viable investment: opportunities and limitations for new minersWhat is Cryptocurrency Mining? Cryptocurrency mining is the process of performing so-called proof of work, using high-level computing power to provide cryptographic security and process transactions. Miners competing with more computational power also make the network more secure since no single miner can control cryptocurrency transactions or alter the state of the network. Bitcoin mining is a highly competitive operation that combines several factors to be successful. Miners face the challenge of local regulations, as well as the technicalities of securing the right mining hardware. Big mining operations usually have the foresight to secure electricity contracts at a low price, as well as reliable spots for their data centers. Crypto mining operations have grown over the past few years, competing with large-scale corporate players. Some mining pools are even ready to absorb losses while still fighting for block rewards and transaction fees. Miners also often retain their proceeds for a longer time frame, benefitting from BTC appreciation. Bitcoin mining opportunities and limitations are shifting for all participants. Taking up crypto mining privately after over 13 years of Bitcoin history is a matter of calculating costs versus benefits. Mining Bitcoin is extremely competitive and requires investment in specialized hardware. Bitcoin miners can still choose to run a solo operation and absorb all computing costs. They often join one of the leading mining pools to earn a proportional share of the block reward.

How Bitcoin mining is a viable investment: opportunities and limitations for new miners

What is Cryptocurrency Mining?
Cryptocurrency mining is the process of performing so-called proof of work, using high-level computing power to provide cryptographic security and process transactions. Miners competing with more computational power also make the network more secure since no single miner can control cryptocurrency transactions or alter the state of the network.
Bitcoin mining is a highly competitive operation that combines several factors to be successful. Miners face the challenge of local regulations, as well as the technicalities of securing the right mining hardware. Big mining operations usually have the foresight to secure electricity contracts at a low price, as well as reliable spots for their data centers.

Crypto mining operations have grown over the past few years, competing with large-scale corporate players. Some mining pools are even ready to absorb losses while still fighting for block rewards and transaction fees. Miners also often retain their proceeds for a longer time frame, benefitting from BTC appreciation. Bitcoin mining opportunities and limitations are shifting for all participants.

Taking up crypto mining privately after over 13 years of Bitcoin history is a matter of calculating costs versus benefits. Mining Bitcoin is extremely competitive and requires investment in specialized hardware. Bitcoin miners can still choose to run a solo operation and absorb all computing costs. They often join one of the leading mining pools to earn a proportional share of the block reward.
Ethereum’s Future Bright: Options Point to $3K Valuation by Year-EndEthereum’s Revival in Options Market Despite lagging behind Bitcoin and Solana, Ethereum, the largest altcoin, experienced a significant surge in interest in the options market on September 13th. QCP Capital, a Singapore-based crypto trading firm, reported a spike in ETH options, with many contracts aiming for a $3k target by the end of the year. Options data and volume are predictive indicators that provide future price expectations and overall market sentiment. Market Sentiment and Institutional Interest The surge in the options market, including Open Interest (OI) rates, suggested bullish expectations and potential price appreciation for Ethereum in Q4. Chicago Mercantile Exchange (CME) data confirmed this outlook. On September 13th, Ethereum recorded a sharp increase in volume and OI for the first time this month. The OI surged to $3.1 billion, and volume nearly reached $700 million, indicating a growing institutional interest in the altcoin. However, the spot market saw minimal demand from US ETH ETFs on Friday, with a cumulative $1.5 million in daily inflow, but a net negative on the weekly count. Coinbase analyst David Duong attributed Ethereum’s subdued price performance to the current market structure, noting that crypto investors were tied to other altcoin positions, limiting capital flow to Ethereum. Another potential short-term challenge to Ethereum’s price was a spike in exchange reserves, with about 100k tokens moved to exchanges ahead of the Fed rate decision on September 18th. At the time of reporting, Ethereum was valued at $2.4k, an increase of 5% over the past seven days of trading.

Ethereum’s Future Bright: Options Point to $3K Valuation by Year-End

Ethereum’s Revival in Options Market
Despite lagging behind Bitcoin and Solana, Ethereum, the largest altcoin, experienced a significant surge in interest in the options market on September 13th.

QCP Capital, a Singapore-based crypto trading firm, reported a spike in ETH options, with many contracts aiming for a $3k target by the end of the year.

Options data and volume are predictive indicators that provide future price expectations and overall market sentiment.

Market Sentiment and Institutional Interest
The surge in the options market, including Open Interest (OI) rates, suggested bullish expectations and potential price appreciation for Ethereum in Q4.

Chicago Mercantile Exchange (CME) data confirmed this outlook. On September 13th, Ethereum recorded a sharp increase in volume and OI for the first time this month.

The OI surged to $3.1 billion, and volume nearly reached $700 million, indicating a growing institutional interest in the altcoin.

However, the spot market saw minimal demand from US ETH ETFs on Friday, with a cumulative $1.5 million in daily inflow, but a net negative on the weekly count.

Coinbase analyst David Duong attributed Ethereum’s subdued price performance to the current market structure, noting that crypto investors were tied to other altcoin positions, limiting capital flow to Ethereum.

Another potential short-term challenge to Ethereum’s price was a spike in exchange reserves, with about 100k tokens moved to exchanges ahead of the Fed rate decision on September 18th.

At the time of reporting, Ethereum was valued at $2.4k, an increase of 5% over the past seven days of trading.
Bitcoin Price Jumps After Federal Reserve Cuts Interest RatesBitcoin Climbs Following Fed’s Rate Cut Bitcoin’s price jumped by more than 2% after the U.S. Federal Reserve's decision to cut interest rates by 50 basis points. The Federal Open Market Committee (FOMC) reduced the benchmark federal funds rate to a range of 4.75% to 5.00%, which aligned with economists' predictions. The central bank noted that economic activity has continued to expand at a solid pace, with job gains slowing and unemployment slightly rising, but still at low levels. Inflation, while making progress towards the 2% target, is still somewhat elevated. The Fed is confident in its approach to managing inflation but left the door open for future rate adjustments. Further rate cuts will be contingent on incoming data and the evolving economic outlook. Analysts at QCP Capital predict increased short-term volatility as traders adjust their positions, but they advised people to focus more on long-term opportunities, especially long-dated investment strategies with unlimited upside potential. Despite expected volatility and potential drawdowns, they are still very optimistic about Bitcoin's price trajectory, and believe BTC could see parabolic price jumps. In the stock market, major indices initially reacted positively to the Fed's rate cut. The S&P 500 rose by 0.6%, the Nasdaq Composite gained 0.78%, and the Dow increased by 0.5%. Meanwhile, the CBOE Volatility Index (VIX) climbed 4.4%, which signals heightened market volatility. Gold also saw a 0.6% increase, trading at $2,586.08 per ounce. At press time, Bitcoin was priced at around $62,148.20, according to data from CoinMarketCap.

Bitcoin Price Jumps After Federal Reserve Cuts Interest Rates

Bitcoin Climbs Following Fed’s Rate Cut
Bitcoin’s price jumped by more than 2% after the U.S. Federal Reserve's decision to cut interest rates by 50 basis points. The Federal Open Market Committee (FOMC) reduced the benchmark federal funds rate to a range of 4.75% to 5.00%, which aligned with economists' predictions.
The central bank noted that economic activity has continued to expand at a solid pace, with job gains slowing and unemployment slightly rising, but still at low levels. Inflation, while making progress towards the 2% target, is still somewhat elevated. The Fed is confident in its approach to managing inflation but left the door open for future rate adjustments. Further rate cuts will be contingent on incoming data and the evolving economic outlook.

Analysts at QCP Capital predict increased short-term volatility as traders adjust their positions, but they advised people to focus more on long-term opportunities, especially long-dated investment strategies with unlimited upside potential. Despite expected volatility and potential drawdowns, they are still very optimistic about Bitcoin's price trajectory, and believe BTC could see parabolic price jumps.
In the stock market, major indices initially reacted positively to the Fed's rate cut. The S&P 500 rose by 0.6%, the Nasdaq Composite gained 0.78%, and the Dow increased by 0.5%. Meanwhile, the CBOE Volatility Index (VIX) climbed 4.4%, which signals heightened market volatility.
Gold also saw a 0.6% increase, trading at $2,586.08 per ounce. At press time, Bitcoin was priced at around $62,148.20, according to data from CoinMarketCap.
Forge Celebrates Major Milestone with 1 Million Players and Exciting New Web3 PartnershipsForge Partners with Key Web3 Investors Launched in 2023, Forge introduced a unique approach to uniting players and rewarding them for their contribution to the game’s success. Since its inception, Forges has undergone a significant transformation, closing strategic partnership deals with the leading Web3 game and studios. These partnerships aim to drive innovation to the Forge ecosystem to attain over 25 million in-game and build solid community engagement. The rapid evolution of Forge offered the user a unique retention mechanism that rewarded gamers for unlocking new games and joining gaming communities. This development allows the players and developers to explore enjoyable gaming activities on the Forge platform. Notably, to attain the game objective of creating advanced game distribution and strengthening community engagements, Forge has partnered with HashKey, Formless, Polygon, and EVG. Other partners include LiquidX, Xterio, Origin Protocol, and Twitch. Through the collaboration, Forge aims to provide the players with exclusive Web3 experiences.

Forge Celebrates Major Milestone with 1 Million Players and Exciting New Web3 Partnerships

Forge Partners with Key Web3 Investors
Launched in 2023, Forge introduced a unique approach to uniting players and rewarding them for their contribution to the game’s success.

Since its inception, Forges has undergone a significant transformation, closing strategic partnership deals with the leading Web3 game and studios. These partnerships aim to drive innovation to the Forge ecosystem to attain over 25 million in-game and build solid community engagement.

The rapid evolution of Forge offered the user a unique retention mechanism that rewarded gamers for unlocking new games and joining gaming communities. This development allows the players and developers to explore enjoyable gaming activities on the Forge platform.

Notably, to attain the game objective of creating advanced game distribution and strengthening community engagements, Forge has partnered with HashKey, Formless, Polygon, and EVG. Other partners include LiquidX, Xterio, Origin Protocol, and Twitch. Through the collaboration, Forge aims to provide the players with exclusive Web3 experiences.
XRP on Verge of Explosion, Did Shiba Inu (SHIB) Reach Ground Zero? Solana (SOL) Death Cross LoomsAs it approaches the apex of a symmetrical triangle pattern, XRP is getting closer to a pivotal moment in its price movement. This pattern frequently signals substantial volatility, and XRP might be preparing for a significant move higher. Investors and traders should closely monitor this pattern because there is a good chance of a major move in the upcoming days. A pattern of lower highs and higher lows is usually formed when the price of an asset consolidates between two converging trendlines, forming a symmetrical triangle. In the case of XRP, the price is presently floating near the triangle's peak at $0.57. XRPUSDT XRP/USDT Chart by TradingView The likelihood of a breakout increases as the price approaches the tip, which could cause XRP to experience a large price swing in either direction. The resistance at $0.60 and the support at $0.55 are important levels to keep an eye on. The door would likely be opened for XRP to target higher resistance levels, perhaps around $0.65 to $0.68, if there were a clear break above the $0.60 resistance level, confirming a bullish breakout. This would suggest a significant upward trend and might pique interest in purchases. Inversely, XRP is expected to retest lower support levels near $0.52 or even $0.50 if it breaks below the $0.55 support level, indicating a bearish reversal. Solana remains suppressed After an unsuccessful attempt to break above the 26-day EMA, Solana saw a significant drop in price over the course of the last day, with the price now hovering around $128. Though the cryptocurrency had recently begun to show signs of life, traders now face an impending death cross, which could portend further losses. As a result, the downward pressure seems to be intensifying. On Solana's chart, there is a bearish technical pattern known as the death cross, which occurs when the 50-day moving average crosses below the 200-day moving average. For Solana this pattern is often interpreted as a strong indication of extended bearish sentiment and may portend additional downside, particularly if it breaks below the crucial $130 support level. Solana's price may drop toward $100, a psychological and technical level of support, if the price drops below this level, potentially igniting a sell-off. Solana's 26-day EMA, which is currently trading close to $136, is serving as a key resistance level. Solana's decline is consistent with the general trend of uncertainty on the cryptocurrency market, which is still characterized by cautious sentiment. Solana's price may drop further if Bitcoin and other popular altcoins encounter resistance and declines in value. Investors and traders should now keep a close eye on the $130 mark. More substantial losses could result from a break below, but a rebound might give Solana another opportunity to stabilize. However, caution is advised, as more volatility may be in store for SOL in the upcoming days due to the impending death cross and the current inability to regain the 26-day EMA.

XRP on Verge of Explosion, Did Shiba Inu (SHIB) Reach Ground Zero? Solana (SOL) Death Cross Looms

As it approaches the apex of a symmetrical triangle pattern, XRP is getting closer to a pivotal moment in its price movement. This pattern frequently signals substantial volatility, and XRP might be preparing for a significant move higher.
Investors and traders should closely monitor this pattern because there is a good chance of a major move in the upcoming days. A pattern of lower highs and higher lows is usually formed when the price of an asset consolidates between two converging trendlines, forming a symmetrical triangle. In the case of XRP, the price is presently floating near the triangle's peak at $0.57.

XRPUSDT
XRP/USDT Chart by TradingView
The likelihood of a breakout increases as the price approaches the tip, which could cause XRP to experience a large price swing in either direction. The resistance at $0.60 and the support at $0.55 are important levels to keep an eye on. The door would likely be opened for XRP to target higher resistance levels, perhaps around $0.65 to $0.68, if there were a clear break above the $0.60 resistance level, confirming a bullish breakout.
This would suggest a significant upward trend and might pique interest in purchases. Inversely, XRP is expected to retest lower support levels near $0.52 or even $0.50 if it breaks below the $0.55 support level, indicating a bearish reversal.

Solana remains suppressed
After an unsuccessful attempt to break above the 26-day EMA, Solana saw a significant drop in price over the course of the last day, with the price now hovering around $128. Though the cryptocurrency had recently begun to show signs of life, traders now face an impending death cross, which could portend further losses.

As a result, the downward pressure seems to be intensifying. On Solana's chart, there is a bearish technical pattern known as the death cross, which occurs when the 50-day moving average crosses below the 200-day moving average. For Solana this pattern is often interpreted as a strong indication of extended bearish sentiment and may portend additional downside, particularly if it breaks below the crucial $130 support level.
Solana's price may drop toward $100, a psychological and technical level of support, if the price drops below this level, potentially igniting a sell-off. Solana's 26-day EMA, which is currently trading close to $136, is serving as a key resistance level.

Solana's decline is consistent with the general trend of uncertainty on the cryptocurrency market, which is still characterized by cautious sentiment. Solana's price may drop further if Bitcoin and other popular altcoins encounter resistance and declines in value. Investors and traders should now keep a close eye on the $130 mark.
More substantial losses could result from a break below, but a rebound might give Solana another opportunity to stabilize. However, caution is advised, as more volatility may be in store for SOL in the upcoming days due to the impending death cross and the current inability to regain the 26-day EMA.
Best Cryptos Under 1 Cent with Low-Cost Investments and High Growth Potential.The rapidly growing domain of cryptocurrency continues to experience an array of impressive developments and interesting new ideas. Five do very well in this sense: Algorand (ALGO), Aleph Zero (AZERO), Astar (ASTR), 1inch Network (1INCH), and Bonk (BONK). It is worth noting that each of these projects has something different that stimulates the adoption and interest of the blockchain community. AlgoKit 2.0: Enhancing Algorand with Python Integration Current price:$0.127 Market cap:$1.04B Algorand(ALGO) AlgoKit 2.0 is an improvement from its predecessor, adding modern features such as native deep Python to its ecosystem. The plan is to get millions of developers from all fields, including AI/ML, as blockchain development will be eased. With AlgoKit 2.0, it takes a developer roughly ten minutes to start working on the Algorand blockchain, easing developing, testing, and deploying activities. In addition, Algorand is moving from a relay structure to a peer-to-peer (P2P) gossip network, similar to the operation of Bitcoin, thus improving its robustness and independence. Aleph Zero: A Privacy-Focused Blockchain with Speed and Versatility Current price:$0.3803 Market cap:$101.4M Aleph Zero(AZERO) is a layer 1 blockchain that aims for speed and privacy. It targets operational efficiencies similar to traditional Web2 systems but still observes high-level data privacy. With over 40 use cases in its development, Aleph Zero also demonstrates flexibility in some domains. The plans include growing the blockchain with secure Multi-Party Computation (sMPC) and zero-knowledge proofs (ZKP), among other privacy enhancements. These improvements place Aleph Zero as a strong blockchain network for developers looking to provide high speed and privacy to the end users. Astar Network: Bridging Polkadot with Ethereum and Beyond Current price:$0.05688 Market cap:$408.4M Astar Network(ASTR) provides cross-chain web 3.0 infrastructure essential in the Polkadot ecosystem. It is compatible with EVM and WASM smart contracts, eliminating such problems. Such a multi-chain-focused approach facilitates the development and integration of Astar between the Polkadot blockchain and layer 1 tokens, Ethereum and Cosmos. Astar also provides support for DeFi, NFTs, and DAOs, making it even more interesting to developers looking for ideal platforms for decentralized applications.

Best Cryptos Under 1 Cent with Low-Cost Investments and High Growth Potential.

The rapidly growing domain of cryptocurrency continues to experience an array of impressive developments and interesting new ideas. Five do very well in this sense: Algorand (ALGO), Aleph Zero (AZERO), Astar (ASTR), 1inch Network (1INCH), and Bonk (BONK). It is worth noting that each of these projects has something different that stimulates the adoption and interest of the blockchain community.

AlgoKit 2.0: Enhancing Algorand with Python Integration
Current price:$0.127

Market cap:$1.04B

Algorand(ALGO) AlgoKit 2.0 is an improvement from its predecessor, adding modern features such as native deep Python to its ecosystem. The plan is to get millions of developers from all fields, including AI/ML, as blockchain development will be eased. With AlgoKit 2.0, it takes a developer roughly ten minutes to start working on the Algorand blockchain, easing developing, testing, and deploying activities. In addition, Algorand is moving from a relay structure to a peer-to-peer (P2P) gossip network, similar to the operation of Bitcoin, thus improving its robustness and independence.

Aleph Zero: A Privacy-Focused Blockchain with Speed and Versatility
Current price:$0.3803

Market cap:$101.4M

Aleph Zero(AZERO) is a layer 1 blockchain that aims for speed and privacy. It targets operational efficiencies similar to traditional Web2 systems but still observes high-level data privacy. With over 40 use cases in its development, Aleph Zero also demonstrates flexibility in some domains. The plans include growing the blockchain with secure Multi-Party Computation (sMPC) and zero-knowledge proofs (ZKP), among other privacy enhancements. These improvements place Aleph Zero as a strong blockchain network for developers looking to provide high speed and privacy to the end users.

Astar Network: Bridging Polkadot with Ethereum and Beyond
Current price:$0.05688

Market cap:$408.4M

Astar Network(ASTR) provides cross-chain web 3.0 infrastructure essential in the Polkadot ecosystem. It is compatible with EVM and WASM smart contracts, eliminating such problems. Such a multi-chain-focused approach facilitates the development and integration of Astar between the Polkadot blockchain and layer 1 tokens, Ethereum and Cosmos. Astar also provides support for DeFi, NFTs, and DAOs, making it even more interesting to developers looking for ideal platforms for decentralized applications.
Fed Chair Jerome Powell says he trusts his decision to cut rates by 50 bpsJerome Powell, the man in charge of the Federal Reserve, has addressed the public directly moments after his decision to slash interest rates by 50 basis points. At the post-FOMC presser, Powell told us that he trust the decision he made, and that it wasn’t because the economy is doing worse than economists think. Fed He reiterated what he has been saying for months, which is that the policy committee will continue making its decisions meeting by meeting. Powell added that his entire team supported the decision. He also addressed the possibility of more cuts. According to him, most in the committee are also all for the idea of 2 or 3 more cuts before 2024 runs out. He declined to give a specific timeline or even pace of the incoming cuts though.

Fed Chair Jerome Powell says he trusts his decision to cut rates by 50 bps

Jerome Powell, the man in charge of the Federal Reserve, has addressed the public directly moments after his decision to slash interest rates by 50 basis points.

At the post-FOMC presser, Powell told us that he trust the decision he made, and that it wasn’t because the economy is doing worse than economists think.

Fed
He reiterated what he has been saying for months, which is that the policy committee will continue making its decisions meeting by meeting.

Powell added that his entire team supported the decision. He also addressed the possibility of more cuts. According to him, most in the committee are also all for the idea of 2 or 3 more cuts before 2024 runs out.

He declined to give a specific timeline or even pace of the incoming cuts though.
Binance Lists BabyDoge, NEIROCTO and Turbo As All See Huge Rallies – Could This Crypto Be Next?Binance Lists BabyDoge, NEIROCTO and Turbo As All See Huge Rallies – Could This Crypto Be Next? Table of Contents Can Baby DogeCoin (BabyDoge) Maintain Recent Postive Price Outlook? NEIROCTO (NEIRO) Sees Heightened Interest Turbo ($TURBO) Showing Signs Of Bullish Momentum Rollblock (RBLK) Tipped As The Futured Leader Of The Online Gambling Industry Binance recently listed BabyDoge, NEIROCTO, and Turbo on its platform, all of which saw significant price increases. After the rallies experienced by these tokens, crypto experts are now speculating that Rollblock (RBLK) could be next in line. Given its innovative features and strong presale momentum, Rollblock is generating buzz as a potential candidate for major exchange listings over the next few months. Can Baby DogeCoin (BabyDoge) Maintain Recent Postive Price Outlook? Yesterday, Binance announced that BabyDoge has been listed for spot trading. This announcement caused BabyDoge to experience a notable price surge, reignited interest among traders, and led to a swift and significant increase in BabyDoge’s value. BabyDoge now trades at $0.001912 after a 23.71% surge in the past 24 hours. BabyDoge has also seen a 39.54% pump in trading volume, which now stands at $113million. NEIROCTO (NEIRO) Sees Heightened Interest NEIRO is one of the fastest-growing altcoins in the market. NEIRO’s listing led to a heightened interest and price activity for NEIRO, with NEIRO’s price increasing by 12.6% in 24 hours. NEIRO has experienced a surge in trading volume following its listing, with its price seeing a notable 13% increase to trade at $0.0003876. As traders speculate on its future potential, caution is advised due to possible price swings. Turbo ($TURBO) Showing Signs Of Bullish Momentum Turbo ($TURBO) has experienced a significant price increase, rising over 20% in the past 24 hours. Turbo now trades at around $0.0047 after its recent price increase, with investors continuing to buy despite its price increase. However, technical indicators like RSI shows divergence from the recent rally suggesting that there might be a pull back at this level as it indicates an over bought territory. Crypto analysts are still unsure about the substainability of TURBO’s upward price trend in the near future. Rollblock (RBLK) Tipped As The Futured Leader Of The Online Gambling Industry Rollblock (RBLK) is redefining the online gambling market with its innovative presale and unique revenue-sharing model. This Ethereum-based platform rewards its token holders with weekly payouts, while liquidity providers can earn a lucrative 30% APY through the staking program. Additionally, regular token burn events reduce the RBLK token supply to drive its value upward to offer investors more profit potential. Rollblock will use the blockchain technology to guarantee the integrity of all transactions. Every bet, win, and loss is recorded immutably to allow players verify outcomes and ensure complete transparency. Unlike traditional casinos, where the odds may seem to often favor the house, Rollblock flips the script. With on-chain tracking, users can see real-time odds to ensure that there is no manipulation in play, and give users confidence that every bet stands as intended. Furthermore, this decentralized approach eliminates the casino’s upper hand in predicting or influencing outcomes. By empowering players with tools for verification, Rollblock puts fairness at the center of its platform, establishing trust that will attract both crypto enthusiasts and iGaming users. Rollblock’s disruptive entry into the half-trillion-dollar gambling market positions it as a future leader in the online gambling industry. With nearly 15,000 registered investors and over $3.4 million raised, the presale has already pushed RBLK’s price up by 160%. Analysts predict an 880% gain during the presale, with a potential 100x surge at launch, making it a compelling investment opportunity at the current price of $0.026.

Binance Lists BabyDoge, NEIROCTO and Turbo As All See Huge Rallies – Could This Crypto Be Next?

Binance Lists BabyDoge, NEIROCTO and Turbo As All See Huge Rallies – Could This Crypto Be Next?
Table of Contents
Can Baby DogeCoin (BabyDoge) Maintain Recent Postive Price Outlook?
NEIROCTO (NEIRO) Sees Heightened Interest
Turbo ($TURBO) Showing Signs Of Bullish Momentum
Rollblock (RBLK) Tipped As The Futured Leader Of The Online Gambling Industry
Binance recently listed BabyDoge, NEIROCTO, and Turbo on its platform, all of which saw significant price increases. After the rallies experienced by these tokens, crypto experts are now speculating that Rollblock (RBLK) could be next in line. Given its innovative features and strong presale momentum, Rollblock is generating buzz as a potential candidate for major exchange listings over the next few months.
Can Baby DogeCoin (BabyDoge) Maintain Recent Postive Price Outlook?
Yesterday, Binance announced that BabyDoge has been listed for spot trading. This announcement caused BabyDoge to experience a notable price surge, reignited interest among traders, and led to a swift and significant increase in BabyDoge’s value.

BabyDoge now trades at $0.001912 after a 23.71% surge in the past 24 hours. BabyDoge has also seen a 39.54% pump in trading volume, which now stands at $113million.

NEIROCTO (NEIRO) Sees Heightened Interest
NEIRO is one of the fastest-growing altcoins in the market. NEIRO’s listing led to a heightened interest and price activity for NEIRO, with NEIRO’s price increasing by 12.6% in 24 hours.

NEIRO has experienced a surge in trading volume following its listing, with its price seeing a notable 13% increase to trade at $0.0003876. As traders speculate on its future potential, caution is advised due to possible price swings.

Turbo ($TURBO) Showing Signs Of Bullish Momentum
Turbo ($TURBO) has experienced a significant price increase, rising over 20% in the past 24 hours. Turbo now trades at around $0.0047 after its recent price increase, with investors continuing to buy despite its price increase.

However, technical indicators like RSI shows divergence from the recent rally suggesting that there might be a pull back at this level as it indicates an over bought territory. Crypto analysts are still unsure about the substainability of TURBO’s upward price trend in the near future.

Rollblock (RBLK) Tipped As The Futured Leader Of The Online Gambling Industry
Rollblock (RBLK) is redefining the online gambling market with its innovative presale and unique revenue-sharing model. This Ethereum-based platform rewards its token holders with weekly payouts, while liquidity providers can earn a lucrative 30% APY through the staking program. Additionally, regular token burn events reduce the RBLK token supply to drive its value upward to offer investors more profit potential.
Rollblock will use the blockchain technology to guarantee the integrity of all transactions. Every bet, win, and loss is recorded immutably to allow players verify outcomes and ensure complete transparency. Unlike traditional casinos, where the odds may seem to often favor the house, Rollblock flips the script. With on-chain tracking, users can see real-time odds to ensure that there is no manipulation in play, and give users confidence that every bet stands as intended.

Furthermore, this decentralized approach eliminates the casino’s upper hand in predicting or influencing outcomes. By empowering players with tools for verification, Rollblock puts fairness at the center of its platform, establishing trust that will attract both crypto enthusiasts and iGaming users.

Rollblock’s disruptive entry into the half-trillion-dollar gambling market positions it as a future leader in the online gambling industry. With nearly 15,000 registered investors and over $3.4 million raised, the presale has already pushed RBLK’s price up by 160%. Analysts predict an 880% gain during the presale, with a potential 100x surge at launch, making it a compelling investment opportunity at the current price of $0.026.
Dogen Presale Soars With 13,000% Surge, Sets Sights on Ending Dogecoin and Shiba Inu SupremacyThe crypto world is buzzing with excitement as Dogen’s presale achieves a remarkable 13,000% growth. This rapid surge has sparked discussions about its potential to challenge the dominance of established cryptocurrencies like Dogecoin and Shiba Inu. Enthusiasts and investors are closely watching to see if Dogen could emerge as the next big player in the digital currency arena. Shiba Inu: A Memecoin Within the Ethereum Ecosystem Shiba Inu (SHIB) is a cryptocurrency inspired by Dogecoin, often considered a memecoin. It operates on the Ethereum blockchain, which enhances its compatibility with various applications within the Ethereum network. Launched in August 2020 by an anonymous developer known as Ryoshi, SHIB gained attention by starting with a large supply of one quadrillion tokens. A notable portion was allocated to Ethereum’s co-creator, Vitalik Buterin, who later donated a significant amount to charity and burned 40% of the supply. This boosted SHIB’s visibility. Unlike its predecessor Dogecoin, SHIB can be used in decentralized applications like ShibaSwap and has plans for future developments, including an NFT platform and community governance. Dogecoin: The Playful Cryptocurrency with Community Power Dogecoin (DOGE) was introduced in 2013 as a light-hearted alternative to cryptocurrencies like Bitcoin. It featured a Shiba Inu dog meme for its logo. Unlike Bitcoin’s limited supply, Dogecoin has no cap, producing 10,000 new coins every minute. It initially gained attention as a “memecoin.” In 2021, its value increased dramatically, ranking it among the top ten cryptocurrencies with a market cap exceeding $50 billion. This rise was driven by social media, notably Elon Musk’s comments, and a booming crypto market. Created by Billy Marcus and Jackson Palmer as a joke, Dogecoin’s success shows community influence and social media’s role in financial shifts.

Dogen Presale Soars With 13,000% Surge, Sets Sights on Ending Dogecoin and Shiba Inu Supremacy

The crypto world is buzzing with excitement as Dogen’s presale achieves a remarkable 13,000% growth. This rapid surge has sparked discussions about its potential to challenge the dominance of established cryptocurrencies like Dogecoin and Shiba Inu. Enthusiasts and investors are closely watching to see if Dogen could emerge as the next big player in the digital currency arena.

Shiba Inu: A Memecoin Within the Ethereum Ecosystem
Shiba Inu (SHIB) is a cryptocurrency inspired by Dogecoin, often considered a memecoin. It operates on the Ethereum blockchain, which enhances its compatibility with various applications within the Ethereum network. Launched in August 2020 by an anonymous developer known as Ryoshi, SHIB gained attention by starting with a large supply of one quadrillion tokens. A notable portion was allocated to Ethereum’s co-creator, Vitalik Buterin, who later donated a significant amount to charity and burned 40% of the supply. This boosted SHIB’s visibility. Unlike its predecessor Dogecoin, SHIB can be used in decentralized applications like ShibaSwap and has plans for future developments, including an NFT platform and community governance.

Dogecoin: The Playful Cryptocurrency with Community Power
Dogecoin (DOGE) was introduced in 2013 as a light-hearted alternative to cryptocurrencies like Bitcoin. It featured a Shiba Inu dog meme for its logo. Unlike Bitcoin’s limited supply, Dogecoin has no cap, producing 10,000 new coins every minute. It initially gained attention as a “memecoin.” In 2021, its value increased dramatically, ranking it among the top ten cryptocurrencies with a market cap exceeding $50 billion. This rise was driven by social media, notably Elon Musk’s comments, and a booming crypto market. Created by Billy Marcus and Jackson Palmer as a joke, Dogecoin’s success shows community influence and social media’s role in financial shifts.
Where Is The Smart Money Being Invested? Ethereum GambleFi Token Causes Ripples In The Market As XRPAs investors look for fresh opportunities, Rollblock (RBLK) is creating significant market buzz through its impressive presale numbers, while XRP (XRP) and Ethereum (ETH) struggle to meet expectations. Analysts predict that the GambleFi $RBLK token will generate over 800% returns when it officially launches, making it a strong investment going into Q4. Will Ethereum (ETH) Finally Put An End To Its Price Decline? Ethereum (ETH) has been hovering around the $2,300 mark for the past few weeks. Despite a strong push earlier in the week, Ethereum faced resistance near $2,400 and has been unable to break through. Sellers have dominated the market, leading to a slight decline in Ethereum’s price. Currently, Ethereum is trading just below $2,300 with strong support at this level. If sellers maintain pressure, Ethereum could potentially fall further, possibly nearing $2,200. However, if buyers regain momentum, a rebound towards the $2,400 resistance may be possible​. XRP (XRP) Fails To Maintain Latest Bullish Momentum After XRP’s recent rise to the $0.60 mark, the token struggled to break through the resistance and currently trades around $0.57. One of the issues that has contributed to XRP’s negative price growth is declining network activity, including a drop in active addresses. XRP has fallen below its 20-day Exponential Moving Average (EMA), which signals weakening bullish momentum, and the coin could face further price decline unless market sentiment improves​. A break for XRP above $0.60 remains crucial for a sustained rally, but bearish signals may continue if demand doesn’t pick up soon. Rollblock (RBLK) Takes Its Position As A Frontrunner in The Online Gambling Industry Rollblock ($RBLK) is on track to disrupt the $450 billion online gambling market with its cutting-edge use of Web3 technology. By integrating the Ethereum blockchain, Rollblock guarantees total transparency, so users are free to verify every bet and transaction without fear of tampering. This approach has the potential to completely revolutionize the way that online casinos are operated and managed, returning much of the power to the players. One of Rollblock’s most impressive offerings is its privacy and ease-of-access features. Unlike other casinos that demand thorough identity verification, Rollblock lets users register an account with an email or a cryptocurrency wallet. Users can start playing more than 7,000 casino games, including poker, roulette, and slot machines, while maintaining anonymity. Rollblock’s games are also compatible with the RBLK token and 20 other top cryptocurrencies. The native token, $RBLK, has great potential to grow, and experts have predicted that it could rise by 100x by the end of 2024. Players can stake RBLK tokens for a yield of up to 30% and benefit from a revenue-sharing model that reduces supply by buying back tokens weekly. This mechanism not only boosts the token’s value but also offers consistent rewards to long-term holders. With $3.4 million already raised and over 15,000 registrations, Rollblock’s presale has garnered massive attention. Analysts predict up to 880% gains before launch, making it a compelling investment opportunity at the current $0.026 price point. Rollblock’s innovative model and strategic tokenomics position it as a frontrunner above Ethereum and XRP in the crypto market.

Where Is The Smart Money Being Invested? Ethereum GambleFi Token Causes Ripples In The Market As XRP

As investors look for fresh opportunities, Rollblock (RBLK) is creating significant market buzz through its impressive presale numbers, while XRP (XRP) and Ethereum (ETH) struggle to meet expectations. Analysts predict that the GambleFi $RBLK token will generate over 800% returns when it officially launches, making it a strong investment going into Q4.
Will Ethereum (ETH) Finally Put An End To Its Price Decline?
Ethereum (ETH) has been hovering around the $2,300 mark for the past few weeks. Despite a strong push earlier in the week, Ethereum faced resistance near $2,400 and has been unable to break through. Sellers have dominated the market, leading to a slight decline in Ethereum’s price.

Currently, Ethereum is trading just below $2,300 with strong support at this level. If sellers maintain pressure, Ethereum could potentially fall further, possibly nearing $2,200. However, if buyers regain momentum, a rebound towards the $2,400 resistance may be possible​.

XRP (XRP) Fails To Maintain Latest Bullish Momentum
After XRP’s recent rise to the $0.60 mark, the token struggled to break through the resistance and currently trades around $0.57. One of the issues that has contributed to XRP’s negative price growth is declining network activity, including a drop in active addresses.

XRP has fallen below its 20-day Exponential Moving Average (EMA), which signals weakening bullish momentum, and the coin could face further price decline unless market sentiment improves​. A break for XRP above $0.60 remains crucial for a sustained rally, but bearish signals may continue if demand doesn’t pick up soon.

Rollblock (RBLK) Takes Its Position As A Frontrunner in The Online Gambling Industry
Rollblock ($RBLK) is on track to disrupt the $450 billion online gambling market with its cutting-edge use of Web3 technology. By integrating the Ethereum blockchain, Rollblock guarantees total transparency, so users are free to verify every bet and transaction without fear of tampering. This approach has the potential to completely revolutionize the way that online casinos are operated and managed, returning much of the power to the players.
One of Rollblock’s most impressive offerings is its privacy and ease-of-access features. Unlike other casinos that demand thorough identity verification, Rollblock lets users register an account with an email or a cryptocurrency wallet. Users can start playing more than 7,000 casino games, including poker, roulette, and slot machines, while maintaining anonymity. Rollblock’s games are also compatible with the RBLK token and 20 other top cryptocurrencies.

The native token, $RBLK, has great potential to grow, and experts have predicted that it could rise by 100x by the end of 2024. Players can stake RBLK tokens for a yield of up to 30% and benefit from a revenue-sharing model that reduces supply by buying back tokens weekly. This mechanism not only boosts the token’s value but also offers consistent rewards to long-term holders.
With $3.4 million already raised and over 15,000 registrations, Rollblock’s presale has garnered massive attention. Analysts predict up to 880% gains before launch, making it a compelling investment opportunity at the current $0.026 price point. Rollblock’s innovative model and strategic tokenomics position it as a frontrunner above Ethereum and XRP in the crypto market.
POL Price Plunges, DOT Records Biggest Drop, Cybro Steals Attention With Potential of Up to 1000% YiThe crypto market witnessed a tumble as POL and DOT experienced significant declines. Amid the turbulence, Cybro has captured traders’ interest with its astounding potential gains, promising up to 1000% yields through its AI-driven aggregator. This article explores which coins are poised for growth in these volatile times. CYBRO Presale Soars Past $2 Million: A One-in-a-Million NeoBank Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $2 million. This cutting-edge NeoBank offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In addition to tokens, CYBRO introduces special Points, offering even more opportunities for investors. Holders of these Points will automatically participate in the CYBRO Airdrop, where the more Points you hold, the more tokens you will receive. CYBRO distributes up to 1 million Points weekly, which can be earned by investing in DeFi Vaults in the CYBRO app. Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform. With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

POL Price Plunges, DOT Records Biggest Drop, Cybro Steals Attention With Potential of Up to 1000% Yi

The crypto market witnessed a tumble as POL and DOT experienced significant declines. Amid the turbulence, Cybro has captured traders’ interest with its astounding potential gains, promising up to 1000% yields through its AI-driven aggregator. This article explores which coins are poised for growth in these volatile times.

CYBRO Presale Soars Past $2 Million: A One-in-a-Million NeoBank Investment Opportunity
CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $2 million. This cutting-edge NeoBank offers investors unparalleled opportunities to maximize their earnings in any market condition.
Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

In addition to tokens, CYBRO introduces special Points, offering even more opportunities for investors. Holders of these Points will automatically participate in the CYBRO Airdrop, where the more Points you hold, the more tokens you will receive. CYBRO distributes up to 1 million Points weekly, which can be earned by investing in DeFi Vaults in the CYBRO app.
Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.
With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.
Crypto Market Is Set for 1000x Gains if Fed Cuts Rate by 50 Bps, Hedge Fund Boss Claims – What CryptA major hedge fund leader has made a bold prediction: the crypto market could see massive gains if the Federal Reserve reduces interest rates by 50 basis points. The article explores which cryptocurrencies might skyrocket first following such a move. Dive in to learn which digital assets are poised for rapid growth. CYBRO Defies Market Headwinds, Empowering DeFi Investments with Smart AI Solutions CYBRO is revolutionizing the DeFi landscape by harnessing the power of artificial intelligence to maximize earning potential on the Blast blockchain. Though still in its early stages, this groundbreaking project has already captured the imagination of crypto enthusiasts, driving its presale past the $2 million mark. CYBRO offers unparalleled yield farming solutions that cater to a wide range of strategies, thriving in any market condition. At the heart of the platform is the CYBRO token, a high-utility asset poised to become indispensable in the crypto world. With its current undervaluation, experts predict a staggering 1200% growth potential, making CYBRO tokens a must-have for savvy investors. CYBRO token holders enjoy a range of exclusive benefits designed to enhance their investment potential. With competitive staking rewards averaging 10%, investors can maximize their returns regardless of market conditions. Additionally, CYBRO owners gain access to airdrops, allowing them to participate in free token distributions. Furthermore, holders benefit from reduced trading and lending fees, as well as a comprehensive insurance program, ensuring a secure and rewarding experience on the platform. With only 21% of the total tokens available for this presale and approximately 80 million already sold, the supply of CYBRO tokens is rapidly diminishing. This is your golden opportunity to secure a stake in a project that’s truly one in a million.

Crypto Market Is Set for 1000x Gains if Fed Cuts Rate by 50 Bps, Hedge Fund Boss Claims – What Crypt

A major hedge fund leader has made a bold prediction: the crypto market could see massive gains if the Federal Reserve reduces interest rates by 50 basis points. The article explores which cryptocurrencies might skyrocket first following such a move. Dive in to learn which digital assets are poised for rapid growth.

CYBRO Defies Market Headwinds, Empowering DeFi Investments with Smart AI Solutions
CYBRO is revolutionizing the DeFi landscape by harnessing the power of artificial intelligence to maximize earning potential on the Blast blockchain. Though still in its early stages, this groundbreaking project has already captured the imagination of crypto enthusiasts, driving its presale past the $2 million mark.
CYBRO offers unparalleled yield farming solutions that cater to a wide range of strategies, thriving in any market condition. At the heart of the platform is the CYBRO token, a high-utility asset poised to become indispensable in the crypto world. With its current undervaluation, experts predict a staggering 1200% growth potential, making CYBRO tokens a must-have for savvy investors.
CYBRO token holders enjoy a range of exclusive benefits designed to enhance their investment potential. With competitive staking rewards averaging 10%, investors can maximize their returns regardless of market conditions. Additionally, CYBRO owners gain access to airdrops, allowing them to participate in free token distributions. Furthermore, holders benefit from reduced trading and lending fees, as well as a comprehensive insurance program, ensuring a secure and rewarding experience on the platform.
With only 21% of the total tokens available for this presale and approximately 80 million already sold, the supply of CYBRO tokens is rapidly diminishing. This is your golden opportunity to secure a stake in a project that’s truly one in a million.
BlackRock, Managing $9 Trillion in Assets, Issues a New Statement About BitcoinBlackRock, the world's largest asset manager, has published a detailed whitepaper highlighting Bitcoin's (BTC) unique qualities as a hedge against global risks. Following the success of its spot Bitcoin ETF, which has amassed $21 billion in assets since its launch earlier this year, BlackRock has now outlined Bitcoin’s role as a “unique diversifier” in a new nine-page report. Bitcoin, which has a market value of over $1 trillion, stands out in BlackRock’s analysis because of its low correlation with U.S. stocks and interest rates, which the firm argues makes it difficult to analyze with traditional financial models. “Bitcoin reflects little underlying exposure to the macroeconomic factors that affect most traditional asset classes,” the report said. Related News: BREAKING: After the FED's Historic Interest Rate Decision, Chair Jerome Powell Makes Remarks on Live Press Conference Despite its reputation as a volatile and “risky” asset, BlackRock notes that Bitcoin has outperformed all other major asset classes in seven of the last ten years. However, it has been the worst performing asset in the three years it has underperformed. This volatility reflects Bitcoin’s evolving journey toward potential global adoption as a monetary alternative, the report said. BlackRock also highlights Bitcoin’s potential as a “flight to safety” during times of geopolitical uncertainty. The report suggests that Bitcoin’s relative isolation from global macroeconomic factors makes it attractive to investors seeking protection against events such as a weakening U.S. dollar due to rising federal deficits.

BlackRock, Managing $9 Trillion in Assets, Issues a New Statement About Bitcoin

BlackRock, the world's largest asset manager, has published a detailed whitepaper highlighting Bitcoin's (BTC) unique qualities as a hedge against global risks.

Following the success of its spot Bitcoin ETF, which has amassed $21 billion in assets since its launch earlier this year, BlackRock has now outlined Bitcoin’s role as a “unique diversifier” in a new nine-page report.

Bitcoin, which has a market value of over $1 trillion, stands out in BlackRock’s analysis because of its low correlation with U.S. stocks and interest rates, which the firm argues makes it difficult to analyze with traditional financial models. “Bitcoin reflects little underlying exposure to the macroeconomic factors that affect most traditional asset classes,” the report said.

Related News: BREAKING: After the FED's Historic Interest Rate Decision, Chair Jerome Powell Makes Remarks on Live Press Conference

Despite its reputation as a volatile and “risky” asset, BlackRock notes that Bitcoin has outperformed all other major asset classes in seven of the last ten years. However, it has been the worst performing asset in the three years it has underperformed. This volatility reflects Bitcoin’s evolving journey toward potential global adoption as a monetary alternative, the report said.

BlackRock also highlights Bitcoin’s potential as a “flight to safety” during times of geopolitical uncertainty. The report suggests that Bitcoin’s relative isolation from global macroeconomic factors makes it attractive to investors seeking protection against events such as a weakening U.S. dollar due to rising federal deficits.
SUI Reaches Six-Month High Following USDC Integration: 35% Surge in One WeekSui has bucked the overall market pessimism, experiencing an unexpected and significant price increase. SUI has recorded an impressive price rally following news that Circle, the issuer of the second-largest stablecoin USDC, plans to launch a dollar-denominated token on the Layer 1 blockchain. At the time of writing, SUI is swapping hands for $1.16 marking a 0.47% surge in the last 24 hours. Additionally, SUI ‘s current price also represents a noble 32.63% and 40.34% surge in the past week and month respectively, rising from $0.88 on September 11 leading to a six-month high of $1.22 earlier today. Currently holding the 30th position, this significant price increase has led to SUI’s market cap rising to the $3.2 billion level, not forfeiting a $586,359,305 trading volume. One of the major factors contributing to SUI’s substantial price surge could be the integration of stablecoin USDC on the Cross-Chain Transfer Protocol. Circle co-founder and CEO Jeremy Allaire announced that Circle plans to deploy a dollar-backed asset on the SUI blockchain. Apps built on CCTP can essentially teleport USDC from one blockchain to another, providing users with a highly secure and capital-efficient way to transact in a multi-chain world. Circle stated on its website. In addition to that, the company’s latest move was accompanied by several major announcements, including a partnership with MoviePass that allows users to pay for subscriptions with cryptocurrency. Additionally, the company announced that its stablecoin, USDC, was now available in Brazil and Mexico. Chief Product Officer of Mysten Labs Adeniyi Abiodun expressed great enthusiasm for the development, stating that “the availability of USDC as a native asset on Sui marks another important milestone in the maturation of the Sui ecosystem.” Additionally, Adeniyi noted that the launch would help bolster the network’s cross- and intra-chain functionality. In addition to SUI’s substantial price increase, SUI has also attained another significant milestone. According to data from Coinglass, open interest on futures exchanges has reached a new all-time high, exceeding $315 million. This marks a substantial increase from less than $52 million recorded in August. Simultaneously, Sui’s DeFi ecosystem has seen notable growth. The total value locked in Sui-based DeFi protocols has surpassed $741 million, marking a 25% increase in the past month. Among the leading DeFi projects on the SUI network include NAVI Protocol, Scallop Lend, Suilend, and Aftermath Finance. Having recorded a substantial increase in price value, one analyst has highlighted that traders may want to consider taking partial profits, especially if the market shows signs of divergence. While it’s not recommended to sell everything, but “back some gains.” as he stated in the X platform.

SUI Reaches Six-Month High Following USDC Integration: 35% Surge in One Week

Sui has bucked the overall market pessimism, experiencing an unexpected and significant price increase. SUI has recorded an impressive price rally following news that Circle, the issuer of the second-largest stablecoin USDC, plans to launch a dollar-denominated token on the Layer 1 blockchain.

At the time of writing, SUI is swapping hands for $1.16 marking a 0.47% surge in the last 24 hours. Additionally, SUI ‘s current price also represents a noble 32.63% and 40.34% surge in the past week and month respectively, rising from $0.88 on September 11 leading to a six-month high of $1.22 earlier today.

Currently holding the 30th position, this significant price increase has led to SUI’s market cap rising to the $3.2 billion level, not forfeiting a $586,359,305 trading volume.

One of the major factors contributing to SUI’s substantial price surge could be the integration of stablecoin USDC on the Cross-Chain Transfer Protocol. Circle co-founder and CEO Jeremy Allaire announced that Circle plans to deploy a dollar-backed asset on the SUI blockchain.

Apps built on CCTP can essentially teleport USDC from one blockchain to another, providing users with a highly secure and capital-efficient way to transact in a multi-chain world. Circle stated on its website.

In addition to that, the company’s latest move was accompanied by several major announcements, including a partnership with MoviePass that allows users to pay for subscriptions with cryptocurrency. Additionally, the company announced that its stablecoin, USDC, was now available in Brazil and Mexico.

Chief Product Officer of Mysten Labs Adeniyi Abiodun expressed great enthusiasm for the development, stating that “the availability of USDC as a native asset on Sui marks another important milestone in the maturation of the Sui ecosystem.” Additionally, Adeniyi noted that the launch would help bolster the network’s cross- and intra-chain functionality.

In addition to SUI’s substantial price increase, SUI has also attained another significant milestone. According to data from Coinglass, open interest on futures exchanges has reached a new all-time high, exceeding $315 million. This marks a substantial increase from less than $52 million recorded in August.

Simultaneously, Sui’s DeFi ecosystem has seen notable growth. The total value locked in Sui-based DeFi protocols has surpassed $741 million, marking a 25% increase in the past month. Among the leading DeFi projects on the SUI network include NAVI Protocol, Scallop Lend, Suilend, and Aftermath Finance.

Having recorded a substantial increase in price value, one analyst has highlighted that traders may want to consider taking partial profits, especially if the market shows signs of divergence. While it’s not recommended to sell everything, but “back some gains.” as he stated in the X platform.
Gold and silver break out - Bitcoin (BTC) to followGold has just broken out to a new all-time high of $2,570, while silver has just hit $30. Could Bitcoin now follow? The traditional hedges when the economy is sliding have always been gold and silver. This has remained true even today. Ill winds are blowing for world economies, as spending continues to be out of control and globalism retreats. Bullish breakout for gold Source: TradingView The weekly chart for gold shows that a very bullish breakout has just taken place. It can be seen that the gold price was pushing up against the strong horizontal resistance at $2,000 since mid-2020. This broke in February this year, and the price surged up to the 1.618 fibonacci at $2,350 in a short amount of time. Some consolidation followed, but gold was not to be denied, and July saw the price break out and retest before heading higher again. The price followed an ascending trend line for a period of a few weeks, and has now broken through. The next targets for gold are at $2,800 for the 2.618 fibonacci, and then $3,260 for the 3.618 fibonacci. Silver back at the $30 resistance Source: TradingView The silver price has spiked upward on Friday, taking it to the $30 resistance once again. If silver can pierce through this resistance and hold above, the price can surge a lot higher. Targets for silver are $38, and then what would effectively be a new all-time high at $50. $63 is the next fibonacci extension level at 3.618. Will Bitcoin follow gold and silver? Source: TradingView If gold and silver are the traditional hedges for economic uncertainty, then Bitcoin is the hedge for the age of digital assets. The Bitcoin price has not left its bull flag yet, but macro indicators are close to signalling that an upsurge might not be far away. Targets for Bitcoin, if it manages to surpass its all-time high at $73,800, are $102,000 for the 1.618 fibonacci, and then $155,000 for the 2.618 fibonacci.

Gold and silver break out - Bitcoin (BTC) to follow

Gold has just broken out to a new all-time high of $2,570, while silver has just hit $30. Could Bitcoin now follow?

The traditional hedges when the economy is sliding have always been gold and silver. This has remained true even today. Ill winds are blowing for world economies, as spending continues to be out of control and globalism retreats.

Bullish breakout for gold

Source: TradingView

The weekly chart for gold shows that a very bullish breakout has just taken place. It can be seen that the gold price was pushing up against the strong horizontal resistance at $2,000 since mid-2020. This broke in February this year, and the price surged up to the 1.618 fibonacci at $2,350 in a short amount of time.

Some consolidation followed, but gold was not to be denied, and July saw the price break out and retest before heading higher again. The price followed an ascending trend line for a period of a few weeks, and has now broken through.

The next targets for gold are at $2,800 for the 2.618 fibonacci, and then $3,260 for the 3.618 fibonacci.

Silver back at the $30 resistance

Source: TradingView

The silver price has spiked upward on Friday, taking it to the $30 resistance once again. If silver can pierce through this resistance and hold above, the price can surge a lot higher.

Targets for silver are $38, and then what would effectively be a new all-time high at $50. $63 is the next fibonacci extension level at 3.618.

Will Bitcoin follow gold and silver?

Source: TradingView

If gold and silver are the traditional hedges for economic uncertainty, then Bitcoin is the hedge for the age of digital assets. The Bitcoin price has not left its bull flag yet, but macro indicators are close to signalling that an upsurge might not be far away.

Targets for Bitcoin, if it manages to surpass its all-time high at $73,800, are $102,000 for the 1.618 fibonacci, and then $155,000 for the 2.618 fibonacci.
Bitcoin’s Role in Finance: BlackRock Promotes It as a Hedge Against Global Economic InstabilityBlackRock, the world’s largest asset manager with over $9 trillion in assets, is positioning Bitcoin as a key tool in navigating growing global financial instability. Bitcoin as a "Global Monetary Alternative" In its latest statements, BlackRock described Bitcoin as a “global monetary alternative,” emphasizing its potential role in the evolving financial landscape. As geopolitical tensions rise and trust in traditional institutions like governments, banks, and fiat currencies wanes, the company sees Bitcoin as a valuable hedge. According to BlackRock, the increasing uncertainty in global markets makes Bitcoin a strong candidate for protecting against financial turmoil. BlackRock’s IBIT ETF’s Exemplary Performance The company’s Bitcoin Exchange Traded Fund (ETF), known as the IBIT ETF, has been one of the top-performing crypto-based ETFs since its launch in January 2024. Following the fund’s introduction, Bitcoin's price surged, hitting an all-time high of over $73,000. The success of the IBIT ETF, along with other crypto ETFs, has ignited significant interest within the finance sector, with many viewing cryptocurrencies as viable alternatives to traditional fiat currencies, particularly in light of concerns surrounding the stability of the U.S. dollar. Central Banks and the U.S. Dollar Despite the U.S. dollar’s continued dominance in global markets, diversification efforts by various central banks are underway. Many institutions are exploring digital currencies and blockchain technology to reduce their reliance on the dollar and to safeguard their economies from potential currency risks. BlackRock’s interest in Bitcoin reflects this growing trend of seeking alternatives to fiat currency amid the uncertainty surrounding the U.S. dollar’s future. Investor Interest in Bitcoin ETFs Jay Jacobs, BlackRock’s Head of Thematic and Active ETFs, has been a vocal proponent of Bitcoin’s potential. In a June 2024 video, Jacobs highlighted the growing significance of digital assets in the future of finance. He described Bitcoin as a nascent asset, noting that it is currently only one-tenth the size of the gold market, but with higher volatility and unique characteristics compared to traditional stocks and bonds. Jacobs explained, “A lot of investors look at it as a potential hedge against geopolitical and monetary risks. Other investors see it as a way to capitalize on the future adoption of blockchain technology. In either case, investors need to take a measured approach to Bitcoin, considering both the risks and the potential returns of the asset.”

Bitcoin’s Role in Finance: BlackRock Promotes It as a Hedge Against Global Economic Instability

BlackRock, the world’s largest asset manager with over $9 trillion in assets, is positioning Bitcoin as a key tool in navigating growing global financial instability.

Bitcoin as a "Global Monetary Alternative"
In its latest statements, BlackRock described Bitcoin as a “global monetary alternative,” emphasizing its potential role in the evolving financial landscape. As geopolitical tensions rise and trust in traditional institutions like governments, banks, and fiat currencies wanes, the company sees Bitcoin as a valuable hedge. According to BlackRock, the increasing uncertainty in global markets makes Bitcoin a strong candidate for protecting against financial turmoil.

BlackRock’s IBIT ETF’s Exemplary Performance
The company’s Bitcoin Exchange Traded Fund (ETF), known as the IBIT ETF, has been one of the top-performing crypto-based ETFs since its launch in January 2024.

Following the fund’s introduction, Bitcoin's price surged, hitting an all-time high of over $73,000. The success of the IBIT ETF, along with other crypto ETFs, has ignited significant interest within the finance sector, with many viewing cryptocurrencies as viable alternatives to traditional fiat currencies, particularly in light of concerns surrounding the stability of the U.S. dollar.

Central Banks and the U.S. Dollar
Despite the U.S. dollar’s continued dominance in global markets, diversification efforts by various central banks are underway. Many institutions are exploring digital currencies and blockchain technology to reduce their reliance on the dollar and to safeguard their economies from potential currency risks. BlackRock’s interest in Bitcoin reflects this growing trend of seeking alternatives to fiat currency amid the uncertainty surrounding the U.S. dollar’s future.

Investor Interest in Bitcoin ETFs
Jay Jacobs, BlackRock’s Head of Thematic and Active ETFs, has been a vocal proponent of Bitcoin’s potential. In a June 2024 video, Jacobs highlighted the growing significance of digital assets in the future of finance. He described Bitcoin as a nascent asset, noting that it is currently only one-tenth the size of the gold market, but with higher volatility and unique characteristics compared to traditional stocks and bonds.

Jacobs explained,

“A lot of investors look at it as a potential hedge against geopolitical and monetary risks. Other investors see it as a way to capitalize on the future adoption of blockchain technology. In either case, investors need to take a measured approach to Bitcoin, considering both the risks and the potential returns of the asset.”
Singapore's DBS Bank to Offer OTC BTC and ETH Trading for Institutional ClientsDBS, Singapore's largest bank, is launching over-the-counter Bitcoin and Ethereum options trading for its institutional and accredited wealth clients in Q4 2024. DBS’s New OTC Services Singapore's largest bank, DBS, is set to expand its digital asset offerings by launching over-the-counter (OTC) options and structured notes linked to Bitcoin and Ethereum. This move, expected to be available to the bank's institutional and accredited wealth clients in the fourth quarter of 2024, marks DBS as the first Asian-headquartered bank to introduce financial products directly tied to the value of these leading cryptocurrencies. New Service for Institutional Clients The bank's recent press release indicated that this development aims to provide institutional investors with more sophisticated options for digital asset exposure. Eligible clients will now be able to diversify their crypto portfolios through tailored Bitcoin and Ethereum options, complementing the existing cryptocurrency trading and security token services offered on the DBS Digital Exchange (DDEx). These OTC options will allow investors to hedge against the notorious volatility in the crypto markets. By entering into contracts whose value is derived from the price movements of Bitcoin and Ethereum, traders can opt to buy or sell these assets at a predetermined price, thereby offering a potential risk management tool in their investment strategies. Strategic Move to Meet Growing Demand Jacky Tai, Group Head of Trading and Structuring at DBS, emphasized the bank's response to the increasing demand for digital assets among professional investors. Tai noted, "Professional investors are increasingly allocating to digital assets in their portfolios. Now, our clients have an alternative channel to build exposure to the asset class and incorporate advanced investment strategies to better manage their digital asset portfolios." DBS's foray into crypto-linked financial products follows a broader trend of major financial institutions embracing digital assets as a legitimate investment class. The bank's strategy aligns with the growing appetite for cryptocurrency investment options among institutional investors in Asia. DBS’s Continued Involvement in Crypto DBS is not new to the cryptocurrency sector. Since launching its native exchange DDEx in 2020, the bank has allowed clients to trade spot cryptocurrencies. The launch of these new offerings comes amidst significant growth in the cryptocurrency market, with the bank reporting a nearly 50% increase in total crypto market capitalization during the first five months of 2024. The value of digital assets traded on DDEx tripled during this period compared to the same timeframe in 2023, with a 36% growth in active trading clients. In line with its expanding digital asset portfolio, DBS also initiated a treasury tokens pilot project in August 2024 in collaboration with Ant International, aiming to establish an EVM-compatible, permissioned blockchain network.

Singapore's DBS Bank to Offer OTC BTC and ETH Trading for Institutional Clients

DBS, Singapore's largest bank, is launching over-the-counter Bitcoin and Ethereum options trading for its institutional and accredited wealth clients in Q4 2024.

DBS’s New OTC Services
Singapore's largest bank, DBS, is set to expand its digital asset offerings by launching over-the-counter (OTC) options and structured notes linked to Bitcoin and Ethereum. This move, expected to be available to the bank's institutional and accredited wealth clients in the fourth quarter of 2024, marks DBS as the first Asian-headquartered bank to introduce financial products directly tied to the value of these leading cryptocurrencies.

New Service for Institutional Clients
The bank's recent press release indicated that this development aims to provide institutional investors with more sophisticated options for digital asset exposure. Eligible clients will now be able to diversify their crypto portfolios through tailored Bitcoin and Ethereum options, complementing the existing cryptocurrency trading and security token services offered on the DBS Digital Exchange (DDEx).

These OTC options will allow investors to hedge against the notorious volatility in the crypto markets. By entering into contracts whose value is derived from the price movements of Bitcoin and Ethereum, traders can opt to buy or sell these assets at a predetermined price, thereby offering a potential risk management tool in their investment strategies.

Strategic Move to Meet Growing Demand
Jacky Tai, Group Head of Trading and Structuring at DBS, emphasized the bank's response to the increasing demand for digital assets among professional investors.

Tai noted,

"Professional investors are increasingly allocating to digital assets in their portfolios. Now, our clients have an alternative channel to build exposure to the asset class and incorporate advanced investment strategies to better manage their digital asset portfolios."

DBS's foray into crypto-linked financial products follows a broader trend of major financial institutions embracing digital assets as a legitimate investment class. The bank's strategy aligns with the growing appetite for cryptocurrency investment options among institutional investors in Asia.

DBS’s Continued Involvement in Crypto
DBS is not new to the cryptocurrency sector. Since launching its native exchange DDEx in 2020, the bank has allowed clients to trade spot cryptocurrencies.

The launch of these new offerings comes amidst significant growth in the cryptocurrency market, with the bank reporting a nearly 50% increase in total crypto market capitalization during the first five months of 2024. The value of digital assets traded on DDEx tripled during this period compared to the same timeframe in 2023, with a 36% growth in active trading clients.

In line with its expanding digital asset portfolio, DBS also initiated a treasury tokens pilot project in August 2024 in collaboration with Ant International, aiming to establish an EVM-compatible, permissioned blockchain network.
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