Today's Crypto and Bitcoin News
TapSwap, a leading Telegram-based game, engages almost 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect 400,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024. Quick Take Earn up to 400,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with $TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. TapSwap Secret Video Codes Today, November 20 Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks: Earning Rewards? | Part 3Answer: N?#Eq Get Involved, Earn, and Collect! | Part 3Answer: &8QLf LUNA & UST Crash Explained 1 | Main StoryAnswer: 2Ad]# Make Money From Home Answer: ge3ph Low-Effort Online IncomeAnswer: ation Get Paid Every DayAnswer: 5erm Earn 2.4M TapSwap Coins Every Day with Secret Video Codes Open the TapSwap Telegram mini-app. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s New Skill-Based Gaming Platform TapSwap’s Web3 platform introduces a skill-based gaming experience that rewards players for their abilities. Unlike traditional tap-to-earn models, which often rely on chance or pay-to-win mechanics, TapSwap offers a fairer monetization system powered by its native token, TAPS. TapSwap’s Gaming Features and Earning Opportunities TapSwap provides a user-friendly interface with features like games, leaderboards, and achievements. Players can compete in skill-based games by paying a token entry fee, earning TAPS as rewards. An upcoming Token Generation Event (TGE) will expand these earning opportunities. For those looking to improve their gameplay, a training mode allows players to practice without any financial commitment. Initially focused on proprietary games, TapSwap plans to integrate third-party developers by 2025, ensuring a steady stream of new and engaging content while supporting a sustainable ecosystem. Developer Integration and Revenue Sharing in TapSwap Ecosystem TapSwap’s ecosystem will open to external developers in 2025, offering a profit-sharing model that encourages the creation of high-quality games. This collaborative approach not only enriches the player experience but also ensures fair revenue distribution among developers, fostering a mutually beneficial partnership. TapSwap Aims for 5M MAUs, $500M Revenue Drawing inspiration from Web2 platforms like Skillz, which boasts 3.2 million monthly users, TapSwap is targeting 5 million monthly active users and $500 million in projected revenue. With over 6 million followers on social media, the TapSwap community demonstrates strong interest as the platform nears key milestones. Led by founder Naz Ventura, TapSwap’s team has prioritized stabilizing the value of its TAPS token, addressing the volatility issues often associated with traditional tap-to-earn models. By focusing on skill-based monetization, the platform aims to cultivate a loyal, engaged player base and achieve sustainable long-term growth. Conclusion TapSwap’s Web3 platform is revolutionizing the gaming industry by combining skill-based rewards with a developer-friendly ecosystem. Its innovative model supports sustainable growth, offering players rewards based on ability rather than chance. With the TGE approaching and daily video codes boosting engagement, TapSwap is a standout player in the Web3 gaming space. Stay updated with the latest codes and join the growing community to redefine the gaming experience! Read more: TapSwap Daily Video Codes on November 19, 2024
Pennsylvania Introduces the Bitcoin Strategic Reserve Act The possibility of the United States creating a Strategic Bitcoin Reserve has gained momentum. With Donald Trump returning to the presidency in 2025 the political landscape may become more favorable for Bitcoin. Legislative moves and growing crypto support are adding fuel to this push. Odds of a national Bitcoin reserve have surged especially after new bills surfaced in Pennsylvania. Polymarket—the largest prediction platform—shows that the likelihood of Trump establishing a Strategic Bitcoin Reserve within his first 100 days has jumped from 22% on November 10 to 38% now. This spike came after Pennsylvania introduced the Bitcoin Strategic Reserve Act. The Satoshi Action Fund which drove this initiative also helped pass the Bitcoin Rights bill in the state legislature last month. The group is now working with 10 other states on similar legislation which could create a ripple effect across the U.S. If these bills pass they could have major effects on Bitcoin markets. Pennsylvania’s bill proposes investing up to 10% of state funds including the General Fund, the Rainy Day Fund and the State Investment Fund into Bitcoin. According to the 2023 Pennsylvania Treasury Annual Investment Report these funds manage around $51 billion in assets. A 10% allocation would mean an estimated $5.1 billion going directly into Bitcoin marking a significant step for state-level crypto adoption. BTC/USDT price chart | Source: KuCoin Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 The BITCOIN Act Creates a U.S. Strategic Bitcoin Reserve On a federal level attention is also on the BITCOIN Act. Senator Cynthia Lummis introduced the BITCOIN Act to create a U.S. Strategic Bitcoin Reserve by accumulating both purchased and confiscated BTC. Currently the U.S. government holds at least 69,370 BTC seized from criminal activities. With Bitcoin at $92,000 that equates to a reserve of $6.4 billion that would no longer be liquidated but held as a long-term asset. The BITCOIN Act also proposes purchasing up to 200,000 BTC annually for five years leading to 1 million BTC by 2029. Based on today’s price this translates to $18.4 billion per year or $92 billion over five years. Alongside Pennsylvania’s potential $5.1 billion allocation the total purchasing effort could reach $23.5 billion. The total amount of BTC being bought—around 256,000 BTC—would cover almost an entire month of Bitcoin trading volume at Coinbase. Coinbase reported 309,000 BTC in average monthly volume during Q3 this year. Such large purchases could greatly affect Bitcoin’s supply-demand dynamics. Read more: Bitcoin’s 90% Price Rally Soon, Trump-Bakkt Rumors Cause 37,000% Surge, AI and Big Data Tokens Rocket 131%: Nov 20 Bitcoin’s Revolution to Become a Global Currency: Countries with the Top BTC Supply Bitcoin's total circulating supply is about 19.5 million BTC with only 1.5 million BTC left to mine before reaching the 21 million cap. Introducing a demand for up to 200,000 BTC per year for five years would absorb much of the available supply. This increased buy-side pressure combined with a reduced sell-side due to seized BTC being held could drive prices much higher and tighten market liquidity. If these U.S. initiatives succeed they could inspire other countries and sovereign funds to consider Bitcoin allocations. Bitcoin would shift from a speculative asset to a strategic one comparable to gold in national reserves. Approval of these bills could also influence institutional investors. A U.S. Bitcoin reserve might prompt pension funds, wealth funds and insurers to increase their Bitcoin allocations. Top Governments BTC Holdings. Source: Arkham Intel Globally adopting Bitcoin as a reserve asset challenges the traditional financial system. Countries like Bhutan and El Salvador have already accumulated Bitcoin. Bhutan holds 12,568 BTC valued at $1.15 billion while El Salvador has 2,381 BTC worth over $219 million. These moves highlight Bitcoin’s growing recognition as a store of value. According to Arkham: “Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from Bitcoin mining operations, which have ramped up dramatically since early 2023.” Read more: Best Spot Bitcoin ETFs to Buy in 2024 Conclusion With Trump set to take office the world will watch whether he follows through on his pro-Bitcoin agenda. A U.S. Strategic Bitcoin Reserve could redefine Bitcoin’s global role, solidifying it as a hedge against inflation and a strategic asset for national security. The coming months will be crucial with the Bitcoin reserve likely remaining a central topic in crypto circles. The impact could reach far beyond the U.S. potentially sparking global Bitcoin adoption among nations seeking financial sovereignty.
Bitcoin briefly surged to $93,905, hitting a new all-time high on November 19, and is currently priced at $92,292 showing a +2.02% increase, while Ethereum is at $3,106, down by -3.16% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50% long versus 50% short positions. The Fear and Greed Index, which measures market sentiment, was at 90 yesterday and maintains the Extreme Greed level at 83 today. According to the analysts, Bitcoin could see a 90% rally if key metrics like the Puell Multiple continue breaking out. With favorable macro conditions and strong RSI, BTC is on track to reach six figures, potentially $174,000. What’s Trending in the Crypto Community? Japanese listed company Metaplanet increased its Bitcoin holdings by 124.11 BTC. Trump and Musk observed SpaceX's sixth Starship test flight on-site. SpaceX's heavy-lift rocket "Starship" successfully completed its sixth test flight. Michael Saylor introduced Bitcoin purchasing strategies to Microsoft's board and he will assist streaming platform Rumble in buying Bitcoin as well. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change GOAT/USDT +14.16% BONK/USDT +8.94% LEO/USDT +8.16% Trade now on KuCoin Read More: Bitcoin to $200K: Bernstein’s Prediction, MicroStrategy Buys $4.6 billion BTC, Goldman Sachs to Launch New Crypto Platform and More: Nov 19 Bitcoin Metric Breakout Hints at 'Inevitable' 90% Price Rally Bitcoin bulls may see a strong rally as key BTC metrics show rare breakout signs this month. On Nov. 18, on-chain analytics platform CryptoQuant highlighted a rare golden cross for Bitcoin’s Puell Multiple; a crucial indicator for mining profitability. Bitcoin Puell Multiple chart. Source: CryptoQuant Puell Multiple Nears Breakout Point Bitcoin bulls could gain from a 90% price surge if the Puell Multiple breaks out. The metric has crossed its 365-day moving average only three times in five years, and each time, BTC/USD surged significantly. In March 2019, a Puell cross led to an 83% rally. January 2020 saw a 113% surge, and the most recent cross in January 2024 produced 76% gains. Puell Multiple measures the daily value of mined Bitcoin against its 365-day average, giving insights into miner profitability. When it crosses the moving average, BTC often sees rapid gains. If it breaks above the SMA365 now, history suggests Bitcoin could rise by an average of 90%. This would take BTC from its current $92,000 level to over $174,000. CryptoQuant added that favorable macro conditions—like low interest rates and positive regulatory signals—could boost the chances of this “inevitable” rally. Source: 1 Week BTC/USDT Chart KuCoin RSI Signals Bull Market Has Just Begun Analysts say the most intense upside for Bitcoin may still lie ahead. BTC/USD has gained over 40% in Q4 so far, and the “parabolic phase” of the market may last for around 300 days before hitting a new macro top. Expectations of Bitcoin hitting six figures are growing, but retail FOMO could lead to a significant correction. Commentator Preston Pysh predicted that many will soon experience Fear of Missing Out (FOMO) as this Bitcoin cycle unfolds. Analyst PlanB also expects the main FOMO wave to hit in early 2025. PlanB referenced the RSI, which tends to stay above 70 in bull runs. As of Nov. 18, BTC’s RSI was at 74.4, suggesting that the bull market may have just begun. An RSI above 70 typically means the asset is overbought, but for Bitcoin, it usually signals the start of explosive growth periods. Bitcoin stands on the edge of history. If key metrics like the Puell Multiple continue to break out, a 90% rally may follow. With macro conditions favorable and RSI indicating strong momentum, BTC may soon make its way to six figures. The next few months will be crucial as Bitcoin moves toward new heights, potentially hitting $174,000. Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 Trump-Bakkt Rumors Cause 37,000% Surge in Solana Memecoin BAKKT/USD hourly price chart. Source: TradingView A new BAKKT memecoin launched on Solana surged 37,000% within 24 hours, fueled by rumors of Trump Media’s Bakkt acquisition. Why Did BAKKT Memecoin Rise So Much? A report by the Financial Times suggested Trump Media may acquire Bakkt, creating hype. Developers quickly launched the BAKKT memecoin to take advantage of the news. The token saw $162.54 million in trading volume on the first day, but liquidity was only $1.18 million. Low liquidity led to extreme price swings as small buy or sell orders caused big changes in price. The surge in BAKKT reflects how the market reacts to news-driven narratives. Trump’s rumored involvement sparked interest, but the low liquidity raised concerns about potential pump-and-dump schemes. Opportunistic traders often launch tokens tied to headline events, making them attractive for speculative gains, but risky for anyone unaware of the volatile nature of these tokens. Read more: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs BAKKT Part of the Trump Memecoin Craze The BAKKT pump follows other Trump-themed tokens, which have seen similar hype cycles. Tokens like “TRUMP2024” and “Department of Government Efficiency (D.O.G.E)” have gained attention but also experienced sharp corrections. The Department of Government Efficiency token jumped 350% after Trump’s election win but lost 65% soon after. This pattern shows the high risk associated with Trump-themed tokens. Though gains can be rapid, they rarely last, and investors should expect steep corrections. BAKKT's rise also highlights the role of sentiment in the memecoin market. Unlike established cryptocurrencies, memecoins often rely on news, influencers, and hype. Investors should remember that while these tokens can offer quick returns, they can also lead to significant losses if the buzz fades. BAKKT’s sudden rise shows the power of news in the crypto market. The Trump connection drove interest, but low liquidity means caution is needed. Whether BAKKT can sustain its gains remains uncertain, and investors should be wary of potential corrections. Memecoins tied to political or celebrity events may offer short-term gains, but they remain speculative at best. Read more: Dogecoin Soars 80% in 1 Week as Trump Introduces 'DOGE' Department, Backed by Musk and Ramaswamy AI and Big Data Tokens Surge 131% Amid Bitcoin Rally AI and big data crypto tokens are surging as Bitcoin’s bull run fuels confidence across the market. These tokens are nearing all-time highs after recovering from declines earlier this year. Market capitalization and volume of AI and big data tokens, 30 days. Source: CoinMarketCap AI Tokens Recover Lost Value Since June 8, AI and big data crypto projects have seen their market cap rise by 131.4%, reaching $42.1 billion. Key projects like Near Protocol, Internet Computer, and Render led the growth. Earlier in 2024, the market had declined from a $45 billion peak in March to $18.2 billion in June. But in the last six months, AI tokens made a comeback and are set to break their $45 billion record soon. This growth shows renewed investor confidence as AI continues to attract attention within the tech space. Other AI projects, like Bittensor and Artificial Superintelligence Alliance, also contributed to the recovery. These tokens provide solutions focused on machine learning, blockchain, and decentralization. AI tokens now represent 1.36% of the $3.09 trillion crypto market cap. The surge aligns with Bitcoin’s rally, regulatory clarity, and renewed investor confidence. Many investors see AI tokens as part of the next wave of blockchain innovation, and their current growth reflects rising optimism in the technology. Market capitalization and volume of AI and big data tokens, one year. Source: CoinMarketCap AI tokens differ from traditional cryptocurrencies by focusing on machine learning and data processing. Investors have been more interested as AI becomes a more critical aspect of both blockchain and technology industries, and the renewed growth hints at bigger things to come for these projects. Read More: Top 15 AI Crypto Coins to Know in 2024 Conclusion AI and big data tokens have rebounded strongly alongside Bitcoin. With their market cap nearing all-time highs, these tokens may soon surpass previous records. As confidence grows, AI projects are well-positioned for continued growth amid favorable conditions. Bitcoin's journey toward six figures seems increasingly likely if key metrics like the Puell Multiple continue to align. Favorable macro conditions and strong RSI add to the case for a major rally, possibly pushing BTC to $174,000. Meanwhile, BAKKT's dramatic rise illustrates how influential news can be in crypto, though its low liquidity makes it a risky bet. Investors should tread carefully, especially with tokens driven by political hype, as their gains can vanish as quickly as they appear. Read more: Top AI Crypto Projects Across Leading Sectors in 2024
The U.S. Securities and Exchange Commission (SEC) approved spot Bitcoin ETF options in September 2024, clearing the way for their trading on major exchanges like Nasdaq by as soon as November 19, 2024. This landmark development introduces regulated derivatives tied to spot Bitcoin ETFs, giving investors new opportunities to hedge risks, speculate on prices, and enhance liquidity in the Bitcoin market. The launch is expected to redefine how institutional and retail investors interact with Bitcoin, marking a transformative moment for the cryptocurrency industry. Quick Take Spot Bitcoin ETF options offer a regulated and transparent entry point for both institutional and retail investors. They provide advanced tools for price discovery, hedging, and risk management, accelerating Bitcoin’s journey into mainstream finance. The launch of spot Bitcoin ETF options connects Bitcoin to the largest financial markets, boosting liquidity and stabilizing price volatility. Institutions gain new ways to deploy sophisticated trading strategies, legitimizing Bitcoin as a global financial asset. Let’s delve deeper to understand why these options are a milestone for Bitcoin and could unlock unprecedented opportunities for the leading cryptocurrency and its growing ecosystem. What Are Spot Bitcoin ETF Options? At their core, spot Bitcoin ETF options are financial derivatives. They give investors the right—but not the obligation—to buy or sell shares of a spot Bitcoin ETF at a pre-determined price within a specified timeframe. Unlike futures, which often involve complex settlement processes, spot ETF options are directly linked to Bitcoin’s spot market price, offering greater transparency. The introduction of options trading on spot Bitcoin ETFs marks a significant milestone for the crypto market. It adds depth to Bitcoin’s derivatives landscape, which remains underdeveloped compared to traditional asset classes. It also introduces a regulated and efficient way for investors to access Bitcoin derivatives, bridging the gap between traditional finance and the cryptocurrency world. By enabling advanced trading strategies such as hedging and arbitrage, these products are expected to attract institutional capital, enhance liquidity, and provide greater stability to Bitcoin’s price dynamics. The rapid adoption of ETF options highlights the growing acceptance of Bitcoin as a legitimate financial asset, paving the way for further innovation in cryptocurrency markets. Read more: How to Trade Options on KuCoin: A Beginner’s Guide The Role of ETFs in Bitcoin’s Evolution To appreciate the significance of this launch, it’s essential to understand the journey of Bitcoin ETFs. Spot Bitcoin ETFs made waves when they were first approved, enabling investors to gain direct exposure to Bitcoin without the challenges of owning or storing the cryptocurrency. Now, the advent of options on these ETFs takes this concept to the next level. Options provide additional layers of utility, including: Hedging Risk: Investors can protect their portfolios against adverse price movements. Speculative Opportunities: Options allow traders to bet on Bitcoin’s price movements with limited downside risk. Enhanced Liquidity: Options markets bring more participants, increasing trading volumes and depth. Read more: What Is a Bitcoin ETF? Everything You Need to Know The Importance of Spot Bitcoin ETF Options Launch Source: X The launch of spot Bitcoin ETF options is not merely a market development—it’s a transformative event poised to reshape the crypto landscape by introducing greater depth, legitimacy, and accessibility. 1. Boosting Market Liquidity and Stability Spot Bitcoin ETF options attract a diverse range of participants, including speculators, long-term hedgers, and institutions. This diversity enhances market liquidity, making it easier for traders to enter and exit positions without significant price swings. With deeper liquidity pools, Bitcoin’s historically volatile price movements could stabilize, creating a more predictable environment. This stability encourages further institutional participation, bolstering Bitcoin’s position as a reliable asset. 2. Accelerating Market Maturity Currently, Bitcoin’s derivatives markets are underdeveloped compared to traditional financial assets like equities and commodities, where derivatives often dwarf the underlying spot markets by 10 to 20 times. Bitcoin’s listed derivatives account for less than 1% of its $1.8 trillion market cap. Spot Bitcoin ETF options could unlock trillions of dollars in potential trading volume, fostering market depth and bringing Bitcoin derivatives closer to parity with traditional asset classes. 3. Fostering Financial Innovation The success of ETF options is likely to inspire the creation of new Bitcoin-related financial instruments, such as structured products, swaps, and futures. This expanding ecosystem offers diverse opportunities for both retail and institutional investors, further integrating Bitcoin into mainstream financial markets. As Bitcoin follows the trajectory of traditional equities and commodities, its derivatives market could grow exponentially. 4. Enhancing Legitimacy and Institutional Onboarding For years, regulatory uncertainty has deterred cautious institutional players. The launch of regulated ETF options provides the legitimacy these institutions need to enter the market confidently. Institutions now have tools to deploy sophisticated trading strategies, such as hedging and portfolio management, further embedding Bitcoin into global financial systems. As institutional participation grows, the perceived credibility of Bitcoin as a financial asset strengthens, encouraging adoption across industries. 5. Democratizing Access for Retail Investors Spot Bitcoin ETF options also open doors for retail investors, who have historically been excluded from sophisticated financial products. These options democratize access, enabling smaller players to participate in transparent and regulated derivatives markets. Retail investors can now employ advanced trading strategies like hedging, arbitrage, and speculation, expanding Bitcoin’s investor base and driving market growth. The combination of increased liquidity, reduced volatility, innovative financial products, institutional onboarding, and retail participation positions spot Bitcoin ETF options as a cornerstone of Bitcoin’s evolution into a mature and widely accepted financial asset. This launch is not just a milestone for the crypto market—it’s a gateway to unprecedented opportunities. How Will the Launch of Spot Bitcoin ETF Options Affect Bitcoin Price? The launch of spot Bitcoin ETF options could represent another turning point for Bitcoin and the broader cryptocurrency market. By bridging the gap between traditional finance and crypto, these products provide new opportunities for investors of all sizes. Short-Term Impact: A surge in trading activity and inflows as institutions and retail investors embrace ETF options. Long-Term Growth: As the derivatives market matures, Bitcoin’s market cap could see exponential growth, driven by increased liquidity and adoption. Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 Who Are the Key Players in Spot Bitcoin ETF Options? The launch of spot Bitcoin ETF options is set to begin with BlackRock’s iShares Bitcoin Trust (IBIT), a leading U.S.-based spot Bitcoin ETF. BlackRock, a global asset management giant, has already attracted $29 billion in inflows to IBIT in 2024, solidifying its dominance in the Bitcoin ETF market. Nasdaq, the stock exchange hosting IBIT, plans to start options trading as early as November 19, according to Alison Hennessy, Nasdaq’s head of ETP listings. Hennessy highlighted the enthusiasm among investors, calling the launch an exciting opportunity to meet growing market demand for advanced trading tools. Options trading on IBIT will allow investors to hedge risks and make leveraged bets on Bitcoin’s price movements. The U.S. Securities and Exchange Commission (SEC) cleared the path for these options in September, approving rule changes for exchanges like Nasdaq, the New York Stock Exchange (NYSE), and Cboe Global Markets. While IBIT leads the charge, other Bitcoin ETFs are expected to introduce options trading soon, with Bloomberg Intelligence analyst James Seyffart predicting additional launches within days. These developments underscore a broader effort to integrate Bitcoin into traditional financial systems, offering regulated tools for both retail and institutional investors. Additionally, Nasdaq has taken the lead in listing these options, with plans to introduce them as early as November 19. Analysts, including Bloomberg’s Eric Balchunas, have labeled this launch a “big deal,” emphasizing its potential to revolutionize Bitcoin trading dynamics. Benefits of Spot Bitcoin ETF Options for Investors Institutions are critical drivers of liquidity and stability in financial markets. The U.S. equity markets, which account for 44% of the global equity market, represent the largest and most liquid capital markets in the world. By introducing Bitcoin ETF options into this ecosystem, the door is opened for institutional capital to flow into Bitcoin at an unprecedented scale. For Institutional investors Advanced Risk Management: Options allow institutions to hedge their Bitcoin exposure efficiently, reducing risk. Portfolio Diversification: Bitcoin derivatives provide a new asset class for sophisticated investment strategies. Liquidity Depth: Institutional participation increases market depth, stabilizing prices and reducing volatility. For Retail Investors: A New Era of Participation For retail investors, the launch of spot Bitcoin ETF options is equally transformative. Traditionally, options trading has been the domain of well-resourced institutional players. Now, retail participants can access these tools, enabling them to: Transparent Access: Retail traders can now use options for hedging and speculative purposes in a regulated environment. Leveling the Playing Field: These tools enable smaller investors to employ strategies previously reserved for institutional players. Expanding the Investor Base: Broader access to derivatives increases Bitcoin’s appeal and adoption. This democratization of access could significantly expand Bitcoin’s investor base, further boosting liquidity and adoption. Conclusion The SEC’s approval of spot Bitcoin ETF options marks a pivotal moment in Bitcoin’s evolution. By integrating Bitcoin into the largest and most liquid financial markets, these options offer a platform for growth, stability, and legitimacy. They unlock new opportunities for both institutional and retail investors, reinforcing Bitcoin’s position as a credible financial asset. However, it’s crucial for participants to approach these innovations cautiously. The complexity of derivatives trading and potential market volatility require careful evaluation of risks and informed decision-making. With proper risk management, the launch of spot Bitcoin ETF options could catalyze Bitcoin’s journey from a niche asset to a cornerstone of global financial markets. Read more: Bitcoin to $200K: Bernstein’s Prediction, MicroStrategy Buys $4.6 billion BTC, Goldman Sachs to Launch New Crypto Platform and More: Nov 19
TapSwap, a leading Telegram-based game, engages almost 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect 400,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024. Quick Take Earn up to 400,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with $TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. Today’s TapSwap Secret Video Codes for November 19 Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks: Earning Rewards? | Part 2Answer: d%98N Get Involved, Earn, and Collect! | Part 2Answer: &8QLf McDonald’s X Doodles Collab?Answer: 5M3%& Graphic Design JobsAnswer: 7a2sh Money With Minimal WorkAnswer: 6uln Best PlatformsAnswer: 82wr Earn 2.4M Coins Daily with TapSwap Secret Video Codes Open the TapSwap Telegram bot. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s New Skill-Based Gaming Platform TapSwap’s Web3 platform introduces a skill-based gaming experience that rewards players for their abilities. Unlike traditional tap-to-earn models, which often rely on chance or pay-to-win mechanics, TapSwap offers a fairer monetization system powered by its native token, TAPS. TapSwap’s Gaming Features and Earning Opportunities TapSwap provides a user-friendly interface with features like games, leaderboards, and achievements. Players can compete in skill-based games by paying a token entry fee, earning TAPS as rewards. An upcoming Token Generation Event (TGE) will expand these earning opportunities. For those looking to improve their gameplay, a training mode allows players to practice without any financial commitment. Initially focused on proprietary games, TapSwap plans to integrate third-party developers by 2025, ensuring a steady stream of new and engaging content while supporting a sustainable ecosystem. Developer Integration and Revenue Sharing TapSwap’s ecosystem will open to external developers in 2025, offering a profit-sharing model that encourages the creation of high-quality games. This collaborative approach not only enriches the player experience but also ensures fair revenue distribution among developers, fostering a mutually beneficial partnership. TapSwap Expects 5M MAUs, $500M Revenue Drawing inspiration from Web2 platforms like Skillz, which boasts 3.2 million monthly users, TapSwap is targeting 5 million monthly active users and $500 million in projected revenue. With over 6 million followers on social media, the TapSwap community demonstrates strong interest as the platform nears key milestones. Led by founder Naz Ventura, TapSwap’s team has prioritized stabilizing the value of its TAPS token, addressing the volatility issues often associated with traditional tap-to-earn models. By focusing on skill-based monetization, the platform aims to cultivate a loyal, engaged player base and achieve sustainable long-term growth. Conclusion TapSwap’s Web3 platform is revolutionizing the gaming industry by combining skill-based rewards with a developer-friendly ecosystem. Its innovative model supports sustainable growth, offering players rewards based on ability rather than chance. With the TGE approaching and daily video codes boosting engagement, TapSwap is a standout player in the Web3 gaming space. Stay updated with the latest codes and join the growing community to redefine the gaming experience! Read more: TapSwap Daily Video Codes on November 18, 2024
Shieldeum has launched its much-anticipated SDM airdrop campaign, offering a total of $1,000,000 in SDM rewards to participants. The airdrop distribution is scheduled to occur after the Token Generation Event (TGE), which is set for November 28, 2024, at 13:00 UTC. This initiative aims to grow the Shieldeum ecosystem by engaging the community and rewarding contributors with real yield generated from its decentralized nodes. Quick Take Shieldeum’s airdrop is offering rewards worth $1,000,000 in SDM tokens. Users can earn points by completing tasks, engaging with the Shieldeum community, and contributing to the ecosystem. Rewards are backed by real yield from Shieldeum nodes, ensuring sustainability. What Is Shieldeum (SDM)? Shieldeum is a cutting-edge platform powered by a Decentralized Physical Infrastructure Network (DePIN) that combines AI-driven computing power with high-performance infrastructure. It supports crypto users and Web3 enterprises through: Secure Computing Power: Datacenter servers enabling application hosting, data encryption, threat detection, and more. Real Yield Nodes: Shieldeum's infrastructure generates genuine and sustainable rewards. Community-Centric Growth: A vibrant ecosystem where contributors play a key role in development. With its innovative solutions, Shieldeum is positioning itself as a pioneer in secure infrastructure for over 440 million crypto users worldwide. How to Participate in the Shieldeum Airdrop Participating in the SDM airdrop is simple and rewarding. Follow these steps: Join the Community: Follow Shieldeum on CoinMarketCap, Telegram, and Twitter (X). Engage in discussions and events on social channels. Contribute to the Ecosystem: Share content about Shieldeum on social platforms. Help with community-driven projects or provide constructive feedback. Complete Tasks: Participate in promotional campaigns. Refer friends to Shieldeum for additional points. Earn Points: Each task completed earns points that determine your share of the $1,000,000 airdrop pool. The live leaderboard tracks your points, offering a transparent and competitive experience. When Is the Shieldeum Airdrop Reward Distribution? The airdrop rewards will be distributed after the Token Generation Event (TGE). Participants should complete tasks and accumulate points early to secure a larger share of the airdrop. Why Join the Shieldeum Airdrop? Real Yield Backing: Rewards are derived from actual node performance, offering sustainability and authenticity. Unique Opportunity: As a leader in the DePIN sector, Shieldeum’s airdrop program sets a new standard in community incentives. Supportive Ecosystem: Be part of a thriving community while gaining access to Shieldeum’s secure and efficient infrastructure. Stay Alert for Scams With the hype surrounding the Shieldeum airdrop, fake links and fraudulent campaigns may emerge. Ensure you only interact with official channels and verify any announcements on Shieldeum’s website or social media pages. Conclusion The Shieldeum SDM airdrop offers an opportunity for crypto enthusiasts to earn rewards while supporting a decentralized infrastructure network. With $1,000,000 in node-generated SDM rewards available, the campaign highlights Shieldeum’s efforts to foster community engagement and ecosystem growth. To participate, visit the official Shieldeum Airdrop page and complete the outlined tasks. While the rewards are promising, participants should carefully review the terms, verify all sources through official channels, and remain aware of potential market volatility and associated risks. Always exercise caution and ensure your actions align with your risk tolerance. Read more: Top DePIN Crypto Projects to Know in 2024-25
Bitcoin is currently priced at $90,465 showing a +0.68% decrease, while Ethereum is at $3,208, down by +4.30% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.4% long versus 50.6% short positions. The Fear and Greed Index, which measures market sentiment, was at 83 yesterday and maintains the Extreme Greed level at 90 today. Bitcoin's journey is evolving with Berstein experts predicting a price of $200,000 by 2025. Recent actions by key players like Michael Saylor and Goldman Sachs combined with supportive regulations could create the conditions for another major bull run. Let's explore the main catalysts driving Bitcoin's growth and their impact on the crypto market. What’s Trending in the Crypto Community? CoinShares: Digital asset investment products saw net inflows of $2.2 billion last week. "Memecoin" Google search interest reached an all-time high. Tether-supported Quantoz launched MiCA-compliant stablecoins USDQ and EURQ. MicroStrategy bought approximately 51,780 Bitcoins for about $4.6 billion last week, at an average price of $88,627 per Bitcoin MSTR shares surged by nearly 13% on Monday to trade at $384.79 at market closing Bitcoin mining difficulty increased by 0.63% to 102.29 T this morning, setting a new high. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change AKT/USDT +28.75% XTZ/USDT +37.72% HBAR/USDT +41.45% Trade now on KuCoin Read More: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15 When will Bitcoin Rocket to $200,000? Bernstein’s Key Catalysts BTC/USDT KuCoin Chart 1 Week Analysts at Bernstein have outlined catalysts that could push Bitcoin to $200,000 by 2025. Gautam Chhugani and his team see the current market turning painful for Bitcoin bears and expect a rally to $100,000 soon. They cite positive regulatory changes under President Trump including crypto-friendly picks for Treasury Secretary and SEC Chair as major drivers. “Demand for bitcoin this cycle is led by institutions, corporates and retail,” the Bernstein analysts said. “We believe the next bitcoin cycle will be sovereign led and the political seeds for a sovereign led market are being sown today. The political winds of change are favoring candidates that prefer crypto deregulation and are against potential surveillance from a CBDC.” Trump's proposed national Bitcoin stockpile as promised during his campaign could mark the start of sovereign adoption pushing Bitcoin to new highs and positioning it as a strategic reserve. Bitcoin ETFs are also seeing strong inflows with an average net inflow rate of $1.7 billion per week. In addition MicroStrategy plans to raise $42 billion over the next three years for Bitcoin acquisitions signaling strong future demand. “As [these] regulatory catalysts play out, we would expect a new-found confidence in the crypto bull market, reflected in not just higher bitcoin prices but overall crypto market cap impacting prices of ETH, SOL and leading digital assets,” they noted. Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 MicroStrategy’s Latest $4.6 billion Bitcoin Purchase Source: Google Michael Saylor's MicroStrategy recently bought $4.6 billion worth of Bitcoin, increasing the company's holdings by over 51,000 BTC. This move reinforces Saylor's belief in Bitcoin as a superior store of value. The purchase was announced on X and the company's total holdings now stand at 331,200 BTC valued at $16.5 billion. MicroStrategy (MSTR) stock price surged by nearly 13% on Monday to trade at $384.79 at the time of writing. The average cost per BTC for MicroStrategy is $49,874 which shows the substantial unrealized gains compared to the current price above $90,000. MicroStrategy plans to raise $42 billion over the next three years to continue buying Bitcoin. This consistent accumulation signals strong institutional support and reinforces the bullish sentiment surrounding Bitcoin's long-term value. Read More: MicroStrategy's Bitcoin Holdings and Purchase History: A Strategic Overview Goldman Sachs to Spin Out New Crypto Platform, GS DAP Goldman Sachs plans to spin out its crypto platform called GS DAP into a new company focused on blockchain-based financial instruments. According to Bloomberg Goldman is working with partners to expand the platform's capabilities with Tradeweb Markets as a strategic collaborator. The spinout is expected to complete in 12 to 18 months pending regulatory approvals. Mathew McDermott Goldman's head of digital assets emphasized the importance of creating an industry-owned solution. Goldman also plans to launch new tokenization products in the US and Europe focusing on tokenized real-world assets like Treasury bills. "Establishing a new, standalone company independent of Goldman Sachs and its Digital Assets business will help to provide the future runway for digital financial services by ensuring a fit-for-purpose, long-term solution," the bank said in a statement. Tokenized RWAs have risen significantly with around $2.4 billion in value locked as of November 14. Goldman is one of the largest buyers of Bitcoin ETFs this year and the growing number of these ETFs has contributed to renewed momentum in the market. The bank aims to offer secure permissioned blockchain solutions for financial institutions focusing on fast execution and new collateral options for RWAs. Conclusion Bitcoin's path to $200,000 may be driven by supportive regulations, institutional adoption and innovative financial products. Key players like Michael Saylor and Goldman Sachs show faith in Bitcoin's future driving demand through strategic investments. The recent memecoin craze has driven explosive growth in Solana-based coins and SUI ecosystem. Investors looking for long-term opportunities in crypto should keep an eye on these catalysts shaping the market's future. Read more: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs
TapSwap, a leading Telegram-based game, engages nearly 7 million monthly active users with daily opportunities to earn valuable rewards. Players can collect up to 200,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024. Quick Take Earn up to 200,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a skill-based gaming platform with TAPS token rewards, shifting away from traditional tap-to-earn games. The platform’s sustainability model emphasizes rewarding skill over chance, ensuring long-term engagement. Today’s TapSwap Secret Video Codes for November 18 Unlock up to 2.4 million coins by using the following video codes in today’s TapSwap tasks: Earning Rewards? | Part 1Answer: 3Mb&D Earn On Your Tweets!Answer: 7De5R Get Involved, Earn, and Collect! | Part 1Answer: 6Nd%Y Traffic ArbitrageAnswer: shtag Become A MillionaireAnswer: roof Profit From Your MusicAnswer: 5ns2 How to Unlock 2.4M Coins Daily with TapSwap Secret Video Codes Open the TapSwap Telegram bot. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s New Skill-Based Gaming Platform TapSwap’s innovative Web3 platform rewards players for their skills, providing a fairer monetization approach through its native token, TAPS. By competing in skill-based games, players can earn rewards, moving beyond traditional tap-to-earn models that rely on chance or pay-to-win mechanics. TapSwap’s Gaming Features and Earning Opportunities TapSwap’s platform offers a user-friendly dashboard with games, leaderboards, and achievements. Players can join competitive games by paying a token entry fee to earn TAPS, with an upcoming TGE event providing further earning opportunities. A training mode is also available for players to improve their skills without financial risk. The initial launch focuses on proprietary games, with plans to integrate third-party developers by 2025. This phased approach ensures a consistent flow of new content, benefiting both players and developers in a sustainable ecosystem. Developer Integration and Revenue Sharing By 2025, TapSwap will invite external developers to integrate their games, offering a profit-sharing model to encourage high-quality content. This mutually beneficial system enriches the player experience while distributing revenue fairly among contributors. TapSwap Expects 5M MAUs, $500M Revenue Inspired by Web2 platforms like Skillz, which has 3.2 million monthly users, TapSwap aims to achieve 5 million monthly active users and $500 million in projected revenue. The community already boasts over 6 million social media followers, showcasing strong interest as TapSwap approaches key milestones. TapSwap’s team, led by founder Naz Ventura, has focused on stabilizing TAPS token value, addressing the volatility issues seen in traditional tap-to-earn tokens. By prioritizing skill-based monetization, the platform aims to build a loyal, engaged player base and sustain long-term growth. Conclusion TapSwap’s Web3 platform is revolutionizing the gaming industry by combining skill-based rewards with a developer-friendly ecosystem. Its innovative model supports sustainable growth, offering players rewards based on ability rather than chance. With the TGE approaching and daily video codes boosting engagement, TapSwap is a standout player in the Web3 gaming space. Stay updated with the latest codes and join the growing community to redefine the gaming experience! Read more: TapSwap Daily Video Codes on November 14, 2024
Donald Trump’s decisive 2024 election victory and a projected Republican-controlled Congress signal a seismic shift in U.S. crypto policy, as per news reports on Reuters. Trump’s pro-crypto stance has positioned him as the “crypto president,” with promises to overhaul the nation’s approach to digital assets. Quick Take Trump proposes eliminating capital gains taxes on U.S.-issued cryptocurrencies like Bitcoin (BTC), Cardano (ADA), and Ripple (XRP). Industry eyes a new SEC chair and improved banking access for crypto firms under Trump’s leadership. Optimism drove Bitcoin above $93,000 last week, with $100,000 within reach. Speculation rises over U.S. plans for a federal Bitcoin reserve and state-level initiatives. Crypto companies spent $119M on pro-crypto candidates, expecting favorable policies. No Capital Gains Tax on U.S. Crypto: A Game-Changer? According to a news report on Brave New Coin, under Trump’s plan, U.S.-issued cryptocurrencies would be exempt from capital gains taxes, creating a significant competitive advantage. Tokens like Cardano (ADA), Ripple (XRP), and Hedera Hashgraph (HBAR) could become more appealing to investors. This move aims to drive capital flows toward U.S.-based projects, boosting domestic innovation and economic growth. “American-made cryptocurrencies will become the most logical investment for U.S. citizens,” predicted Good Morning Crypto. Speculation on Broader Policy Implications Trump’s administration may also explore: Nation-State Crypto Adoption: Federal-level support for Bitcoin as a reserve asset. Tax Incentives for Sustainable Mining: Encouraging eco-friendly practices in Bitcoin mining, tied to Trump’s “Freedom Cities” initiative. Executive Orders: Immediate measures to streamline crypto regulation and enhance market clarity. Read more: Trump’s Win Fuels Crypto Hopes as Bitcoin Hits New Highs and Memecoin Platform Pump.Fun Soars $30.5 million: Nov 7 Industry Invests Over $119M in Pro-Crypto Policies Crypto companies spent over $119 million supporting pro-crypto congressional candidates, anticipating a favorable regulatory environment. These efforts reflect the industry’s focus on influencing policy and ensuring a supportive framework for growth. Trump’s proposed policies, including tax cuts and reduced regulatory barriers, could justify this investment by accelerating blockchain adoption across industries. Trump’s Pledge for a Crypto Advisory Council To strengthen ties with the industry, Trump has pledged to establish a crypto advisory council. This group would include key players in blockchain policy to guide legislation and foster innovation. Jonathan Jachym from Kraken noted that leadership choices will be critical: “Everybody in Washington is asking and thinking about... who’s going to lead these agencies.” Trump’s Victory Paves Way for Crypto Policy Overhaul Industry executives are optimistic about significant policy changes, including executive orders granting crypto firms better access to banking services and appointments of crypto-friendly regulators. “The voters of America said very clearly they want to see that,” said Mike Belshe, CEO of BitGo. These anticipated changes could reshape the U.S. crypto landscape, making the nation a global hub for blockchain innovation and investment. Crypto Industry’s Expectations: SEC Chair and Banking Access The crypto industry has high hopes for sweeping regulatory reforms under Trump’s administration, starting with the appointment of a crypto-friendly chair to lead the Securities and Exchange Commission (SEC). Such a move would signal a shift toward regulatory oversight that prioritizes innovation and supports the growth of digital assets. Industry leaders believe that a supportive SEC chair could play a pivotal role in crafting a balanced regulatory framework, ensuring the United States remains competitive in the rapidly evolving blockchain sector. Beyond leadership at the SEC, crypto firms are also pushing for improved access to banking services. For years, regulatory uncertainty and skepticism have created barriers for crypto companies seeking financial services. Simplifying banking access could unlock new opportunities for both established companies and startups, enabling them to operate more efficiently within the U.S. financial ecosystem. Kara Calvert, Coinbase’s U.S. policy head, underscored the critical role of leadership in shaping these changes. She noted that while large platforms like Coinbase have a vested interest in regulatory clarity, smaller startups are equally dependent on having a regulatory environment that fosters innovation and growth. “It’s important for companies like Coinbase, but also for all the smaller startups... to have a point of view.” These expectations reflect the broader sentiment within the industry: that with supportive leadership and clear regulatory pathways, the United States could become a global hub for cryptocurrency innovation. However, much will depend on the administration’s ability to translate these ambitions into actionable policies. Strategic Bitcoin Reserve: Federal and State-Level Initiatives Rumors are circulating about Trump’s administration backing a Strategic Bitcoin Reserve. According to Forbes, such a move would align with growing state-level crypto initiatives and could position Bitcoin as a key national asset. Industry insiders suggest several U.S. states may introduce laws supporting state-controlled Bitcoin reserves, with federal backing potentially on the horizon. “This could reshape global crypto competition and accelerate adoption at an unprecedented scale,” noted one source close to the administration. Additionally, reports indicate that other nations, including Poland, are exploring similar reserves, underscoring the international momentum toward government-held digital assets. Read more: Bitcoin Rockets Past $93K on Surging U.S. Demand – When Will It Reach $100K? Bitcoin Soars Past $93,000 Amid Policy Optimism BTC/USDT price chart | Source: KuCoin Bitcoin surged above $90,000 following Trump’s election, fueled by optimism over his crypto-friendly policies. Analysts predict Bitcoin could hit $100,000 soon, with some even forecasting a meteoric rise to $1 million in the long term. Dennis Porter from the Satoshi Action Fund emphasized the speed of potential growth: “The jump from $100k to $1mil will happen much faster than people realize. Gradually then suddenly.” Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 Global Crypto Adoption: The Road Ahead Optimism surrounding recent developments in U.S. crypto policy remains high, but challenges persist. Passing comprehensive legislation for a regulatory framework is expected to take time, even with a favorable stance from the new administration. Addressing concerns about federal budget deficits, potentially exacerbated by proposed tax cuts, adds another layer of complexity to policy implementation. While Trump’s victory signals a potential shift in the crypto industry’s trajectory, the road ahead is not without uncertainty. Promises of tax relief, strategic initiatives, and the creation of a crypto advisory council have raised expectations for significant progress in the digital assets space. However, the pace and scale of these changes will depend on legislative support and execution. As Bitcoin edges closer to the $100,000 milestone, the U.S. stands at a critical juncture in its efforts to solidify its leadership in the global crypto market. Yet, investors should remain cautious. Market volatility, regulatory delays, and global economic factors could impact the implementation of these policies and the broader crypto landscape. Read more: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs
The Major ($MAJOR) token airdrop and official launch are set for November 28, 2024, at 12 PM UTC, on KuCoin. Here’s everything you need to know about this highly anticipated launch and the $MJAOR airdrop on The Open Network (TON). Quick Take Major ($MAJOR) token launches on November 28, 2024, at 12 PM UTC on KuCoin. Pre-market trading for $MAJOR has already begun on some platforms, with predictions placing the $MAJOR token listing price of around $1.10 to $1.50 when it officially launches for spot trading. The $MAJOR airdrop will reward active players of the Major Telegram mini-app, with eligibility tied to in-game activity and social engagement. The total token supply is set at 100 million $MAJOR supply with 80% allocated to community incentives. What Is the Major Telegram Game? Major is a Telegram-based star-collecting game combining blockchain gaming and social interaction. Launched on July 3, 2024, it has amassed over 50 million players as of writing, taking the top spot in the Grossing Apps list on Telegram. Players earn Stars through daily tasks, referrals, and squad participation. These Stars influence rankings, which directly determine a player’s allocation in the $MAJOR airdrop. When Is the Major Airdrop and Listing Date? Source: X The $MAJOR airdrop will reward active participants based on their in-game activity, with tasks and rankings determining eligibility. Here's a timeline of key dates: November 8: Farming methods disabled; games and tasks remain active. November 20: All farming and ranking activities stop. November 28: Official token launch and airdrop distribution begins. Tasks and games are the only remaining ways to earn rankings until November 20. Completing these tasks now increases your airdrop allocation. Read more: Major (MAJOR) Gets Listed on KuCoin! World Premiere! $MAJOR Tokenomics and Airdrop Allocation Source: Major Telegram community The $MAJOR token is designed to reward the community and fuel future development: Total Supply: 100 million tokens. Community (80%): 60% for current players, no locks. 20% for future incentives, farming, and new phases. Marketing and Development (20%): Allocated for marketing, liquidity, and growth, with a 10-month vesting period. How to Qualify for the $MAJOR Airdrop Players must complete specific tasks to qualify for the $MAJOR airdrop. Here’s how to ensure your eligibility: Join the Major Telegram Bot: Access the Major Telegram bot and start participating in daily tasks. Earn Stars: Collect Stars by completing challenges, inviting friends, and forming squads. Engage with Social Activities: Boost your ranking by sharing posts, joining campaigns, and staying active. Monitor Announcements: Keep an eye on the Major Telegram channel for updates on snapshot dates and token distribution. What Is the Major Price Prediction After Token Launch? The Major ($MAJOR) token is set to launch on November 28, 2024, at 12 PM UTC on KuCoin, with pre-market trading already underway on various platforms. Current pre-market data indicates a price range of around $1.10 to $1.50. Short-Term (1-3 Months): Post-launch, $MAJOR's price is projected to reach between $1 and $1.2, influenced by user adoption and ecosystem development. Medium-Term (6-12 Months): With sustained user engagement and strategic partnerships, the token could pick up to $1.4, subject to market sentiment and Major’s on-chain activity levels. Long-Term (1 Year or More): As the Telegram-based gaming ecosystem matures, $MAJOR's value might rise to around $1.50 to $2, contingent on market conditions and user adoption rates. Cryptocurrency price predictions are inherently speculative and subject to high levels of uncertainty due to the volatile nature of the market. Factors such as market sentiment, the expansion of the Major ecosystem, community engagement, and broader economic conditions can significantly impact token prices. While $MAJOR shows strong potential, prices may fluctuate widely, and there is no guarantee of achieving projected values. Investors are advised to conduct thorough research, understand the risks involved, and invest only what they can afford to lose. What Will Be the Major Listing Price? Pre-market trading for $MAJOR has commenced on some platforms, with predictions estimating a listing price of around $1.10 to $1.50. However, pre-market trading is speculative, and actual prices may vary upon official launch. How to Withdraw Your $MAJOR Tokens Here’s how to claim and withdraw $MAJOR tokens: Set Up an Exchange Account: Register on exchanges like KuCoin and complete KYC verification. Access the Major Telegram Bot: Link your TON wallet to the bot and choose your withdrawal method. Complete Tasks: Fulfill any final requirements in the bot’s “Tasks” section. Confirm Withdrawal: Once completed, tokens will be sent to your linked TON wallet or exchange account. Major Roadmap: What’s Next for $MAJOR? With its November 28 launch, Major is just getting started. The team promises exciting updates beyond the airdrop, including: Future Phases: New games, features, and incentives. Expanding Ecosystem: Partnerships with top exchanges and platforms. Ongoing Engagement: Community-driven growth and events. Conclusion The $MAJOR airdrop is a unique opportunity for Telegram users to earn tokens while participating in an engaging blockchain game. With its player-first tokenomics and seamless integration with TON network, Major is shaping up to be a significant force in GameFi. Act now—complete tasks, secure your rankings, and get ready to claim your share of $MAJOR tokens on November 28, 2024. As always, conduct thorough research before investing in any cryptocurrency. Stay tuned for more updates on Major and other GameFi projects on KuCoin News. Read more: November 2024 Airdrops: Boost Your Crypto Earnings with This Complete Guide
The memecoin market is buzzing with activity as the crypto market reaches new heights, driven by Bitcoin’s record-breaking rally above $90,000. From viral sensations like Peanut the Squirrel (PNUT) to established favorites like Dogecoin (DOGE), memecoins are capturing investor attention with massive gains and strong community support. The total market cap of the memecoin sector has crossed $125 billion at the time of writing while its 24-hour trading volume holds above $31 billion, as per data on CoinGecko. Here’s a look at the top meme coins to watch this week. Quick Take Peanut the Squirrel (PNUT) is up 3100% since launch; whale activity signals strong demand. Pepe (PEPE) price is eyeing $0.00003; recent Robinhood listing sparks renewed investor interest. Bonk (BONK) surges 30% after token burn announcement; now Solana’s second-largest memecoin by market cap. Dogecoin (DOGE) reaches $0.37; analysts predict a potential rally to $0.73. Floki (FLOKI) gains 44% weekly gains on Coinbase roadmap addition; long-term rally predicted. Goatseus Maximus (GOAT) hits all-time high of $1.36; technical indicators suggest potential correction. Dogwifhat (WIF) price prediction anticipates a 22% rally in the short-term despite a recent whale sell-off put downward pressure on its price. Top memecoins today | Source: Coinmarketcap Discover the top trending memecoins to watch this week as the crypto market hits new highs. From PNUT's 2000% rally to Dogecoin's resurgence, explore key updates on the hottest tokens and what’s driving their growth. 1. Peanut the Squirrel (PNUT) Becomes a Breakout Star After 3100% Gains PNUT/USDT price chart | Source: KuCoin Peanut the Squirrel (PNUT) is making waves, with its price skyrocketing over 3100% since launch, including KuCoin’s major markets such as PNUT/USDT on spot trading and PNUT Perpetual/USDT on the futures market. Inspired by a viral internet squirrel, this Solana-based memecoin has quickly captured investor interest. Over the weekend, a crypto whale withdrew $7.12 million worth of PNUT from Binance, signaling confidence in the token’s potential. PNUT’s trading volume surged to $1.7 billion, making it the fourth-best-performing cryptocurrency in the past 24 hours. As its market cap reaches $1.72 billion, analysts are eyeing further gains, fueled by strong social media momentum and retail interest. Read more: $PNUT Crosses $1 Billion Market Cap—Is the Hype Real? 2. Pepe (PEPE) Gears Up for New All-Time Highs After 65% Gains in 1 Week PEPE/USDT price chart | Source: KuCoin Pepe (PEPE), one of the most popular memecoins, is gaining traction again. After a bullish breakout, the token rallied over 65% this week, hitting $0.00001896. The recent listing on Robinhood and Coinbase has amplified trading volumes, driving PEPE's market cap to $7.63 billion. Technical indicators show strong capital inflows, with PEPE holding above key Fibonacci support levels. Analysts predict PEPE could reach $0.00003, driven by its growing community and bullish momentum. However, as with all memecoins, risk management is crucial due to potential price volatility. 3. Bonk (BONK) Surges 95% Ahead with Token Burn Announcement BONK/USDT price chart | Source: KuCoin Solana-based Bonk (BONK) has climbed 95% in the past week following the announcement of its ambitious “BURNmas” campaign. The Bonk DAO plans to burn 1 trillion tokens by Christmas Day, reducing the circulating supply and boosting investor sentiment. BONK's trading volume rose 73% over the past 24 hours, with its market cap reaching $3.94 billion. The campaign has driven increased social interest, positioning BONK as the second-largest Solana memecoin, overtaking Dogwifhat (WIF) briefly before dipping to number 2 in the list. Analysts expect BONK’s price to maintain its upward trajectory as the burn event approaches. Read more: Top 10 Dog-Themed Memecoins to Watch in 2024 4. Dogecoin (DOGE) Eyes a New Rally After 26% in a Week DOGE/USDT price chart | Source: KuCoin Dogecoin (DOGE) continues to hold its place as the king of memecoins. Trading at $0.37, DOGE has seen a significant resurgence, with a 26% rally over the past week. Analysts suggest the token may be poised for another bull run, with predictions of a rally to $0.73. DOGE’s recent momentum is supported by speculation around Elon Musk’s involvement in U.S. crypto policy through D.O.G.E. (Department of Government Efficiency) and the broader market’s pro-memecoin sentiment. With its strong community and historical performance, DOGE remains a top contender for investors seeking memecoin exposure. Read more: $DOGE Sees Nearly 75,000 New Dogecoin Wallets During BTC Bull Run Fueling 140% Price Surge 5. Floki (FLOKI) Gains 44% in a Week on Coinbase Listing Roadmap FLOKI/USDT price chart | Source: KuCoin Floki (FLOKI) surged following its addition to Coinbase’s listing roadmap. The token, which serves as the utility currency for the Floki ecosystem, climbed from $0.000217 to $0.000239 within hours of the announcement. FLOKI’s partnership with the KICK F1 Sim Racing Team has also bolstered its visibility, enhancing its appeal to both crypto and gaming communities. Analysts predict FLOKI could surpass the $0.0005 mark, driven by increased exchange listings and growing interest in its utility-focused ecosystem. 6. Goatseus Maximus (GOAT) Hits Record Highs After 30% Gains GOAT/USDT price chart | Source: KuCoin Ai memecoin Goatseus Maximus (GOAT) reached a new all-time high this week, with its price peaking at $1.22. While the memecoin’s ADX and RSI indicators suggest a slight cooling off in momentum, its EMA lines continue to reflect strong bullish trends. If GOAT maintains its current trajectory, it could see further gains. However, a potential correction to $0.76 remains possible if profit-taking intensifies. 7. Dogwifhat (WIF) Poised for a 2% Rally Despite Recent Volatility WIF/USDT price chart | Source: KuCoin Dogwifhat (WIF), a Solana-based memecoin, is positioned for a potential 22% rally after breaking out of a bullish descending triangle pattern. Currently trading at $3.66, WIF has experienced a price surge of over 54% in the past week. Technical indicators, including its position above the 200-day EMA and an RSI signaling upside potential, suggest further bullish momentum. Analysts predict WIF could reach $4.70 if it sustains its breakout trajectory, driven by strong trader interest and a rising open interest (OI) that surged 12% in the last 24 hours. However, recent whale activity has injected uncertainty into WIF's price action. A significant holder sold 850,000 WIF tokens, pocketing $7.5 million in profits, which led to a 15% intraday price drop. Despite this sell-off, the whale retained 50,000 WIF, reflecting continued confidence in the token’s potential. While trading volume dipped by 55%, WIF’s long/short ratio on Binance remains bullish, with 68.4% of traders holding long positions. This combination of technical and market signals indicates that WIF could sustain its upward momentum, though traders should remain cautious of volatility. 8. DOG: Bitcoin’s Native Memecoin Hits New Heights DOG price chart | Source: Coinmarketcap DOG, a Bitcoin-native memecoin, has seen an 75% surge this week, reaching $0.0077. The rally follows its recent Kraken futures listing, sparking speculation about further exchange listings, including Binance. Built on the Bitcoin blockchain using the Runes protocol, DOG is now the most widely held Runes token, with a market cap of $775 million at the time of writing. DOG’s success aligns with two major crypto trends: Bitcoin’s dominance and the growing popularity of memecoins. As traders anticipate potential listings on major exchanges, DOG’s position atop the Runes leaderboard underscores its appeal. While its momentum is strong, high volatility makes cautious trading essential for investors. Read more: What Is Runes Protocol? Bitcoin’s Latest Fungible Token Standard Conclusion Memecoins are taking the spotlight this week, with Peanut the Squirrel, Pepe, and Bonk leading the charge. While these tokens offer opportunities for significant gains, their high volatility demands careful risk management. As the crypto market surges to new highs, the memecoin sector continues to evolve, attracting both retail and institutional interest. Stay tuned for more updates on these trending tokens as the market heats up. Read more: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15
Bitcoin is currently priced at $89,854 showing a -0.79% decrease, while Ethereum is at $3,075, down by -1.81% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.6% long versus 51.4% short positions. The Fear and Greed Index, which measures market sentiment, was at 90 yesterday and maintains the Extreme Greed level at 83 today. The crypto world has seen explosive moves lately. Ripple's XRP made significant gains while Shiba Inu (SHIB) aims for a huge price target and Solana-based DApps raked in record fees during memecoin mania. In this article we explore what drives these gains and their impact on the broader crypto market. Let’s break down what these stories mean for investors and the crypto community. What’s Trending in the Crypto Community? Michael Saylor hinted at continuing to increase BTC holdings. XRP Rises Over 25% Boosted by Regulatory Hopes and ETF Filing cbBTC circulating supply exceeded 15,000, with a market cap surpassing $1.3 billion. Solana's market cap surpassed Sony and Medtronic, ranking 165th in global asset market cap. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change XRP/USDT +9.72% PNUT/USDT +10.82% SHIB/USDT +3.89% Trade now on KuCoin Read More: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15 XRP Rises Over 25% Boosted by Regulatory Hopes and ETF Filing The price of Ripple's XRP token has surged nearly 25% in the past 24 hours, reaching its highest level since November 2021, marking a significant shift for the cryptocurrency. According to KuCoin, XRP now stands at $1.13. XRP added $20 billion to its market cap which has reached $65 billion. There wasn't a specific announcement but traders seem optimistic about a favorable regulatory outcome for Ripple and the resolution of its battle with the SEC. XRP/USDT Trading Chart | Source: KuCoin Ripple's Chief Legal Officer Stuart Alderoty noted the hard part of the fight is behind us: "Please remember the SEC’s broader strategy: try to create distraction and confusion for Ripple and the industry. But honestly, it’s just background noise now. The hard part of the fight is behind us," Ripple's Chief Legal Officer Stuart Alderoty recently wrote on X. Significant XRP transfers followed with over $316 million moved in the last two days. The price rise led to significant on-chain activity. One wallet moved $90 million in XRP to another wallet, as reported by Whale Alert. The analytics provider noted over $316 million in XRP transfers in the past two days. 21Shares filed for an XRP ETF following the success of its Bitcoin and Ethereum ETFs. Canary Capital and Bitwise also filed for XRP ETFs. This indicates growing confidence in XRP's future. Shiba Inu Forecasts 101% Price Jump, Reach Target $0.000048 Shiba Inu (SHIB) surged 50% after Donald Trump's election victory and now trades at $0.000024. CoinCodex predicts SHIB could double by the end of November 2024 reaching $0.000048. The firm says SHIB is consolidating and ready for another move up. Source: KuCoin 1 Week SHIB Chart It surged 280% in March after the Bitcoin halving event. The recent victory of Donald Trump in the US presidential election triggered buying across the market. SHIB rose 50% to its current price of $0.000024. CoinCodex predicts a 101% surge for Shiba Inu by the end of November. The target price is $0.000048. Investors hope SHIB will reach $0.01 which could bring huge gains for long-term holders. Meme coins show dramatic swings and Shiba Inu's future looks volatile. Source: CoinCodex Solana-Based DApps See Record Fees Amid Memecoin Frenzy Solana-based apps have seen a surge in fee revenue. Five of the top ten fee-earning protocols in the last 24 hours are on Solana. Raydium, a Solana market maker, collected $11.31 million in fees. Liquid staking protocol Jito earned $9.87 million in fees, its third-highest on record. Five of the top 10 protocols by fees were on Solana on Nov. 17. Source: DefiLlama Memecoins fuel the frenzy around Solana. Peanut PNUT saw a 2800% rise in two weeks. Dogwifhat (WIF) also surged after a Coinbase listing. The largest Solana memecoin Dogwifhat (WIF) listed on Coinbase on Nov. 15 briefly surged to a six-month high of $4.19. The Department of Government Efficiency is a new US agency under President-elect Donald Trump. It shares the same abbreviation as the memecoin Dogecoin (DOGE) which rallied 140% in the last two weeks. Solana pushes above $240 despite supply inflation. SOL trades at $234 just 8.5% away from its all-time high of $259. Solana's market cap stands at $112 billion, up 44% from its previous high of $77 billion on Nov. 6 2021. The market cap increase comes from growth in token supply through its inflation schedule which rewards stakers with new SOL tokens. At the time of publication Solana's inflation rate is 4.9% decreasing at a rate of 15% per year according to SolanaCompass data. Solana's token SOL rallied to $242 its highest since 2021 driven by memecoin speculation and increased token supply through staking rewards. Read More: Top Crypto Projects in the Solana Ecosystem to Watch in 2024 PNUT Price Skyrockets 2800% in 2 Weeks Peanut (PNUT) , a new memecoin inspired by a viral squirrel, skyrocketed by 240% on November 13. The surge began on November 4. PNUT's price rose over 2800% in less than two weeks reaching $1.57. The rally followed an uptick in crypto prices after Donald Trump won the election. PNUT/USDT price chart | Source: KuCoin PNUT Price Prediction In the short term, the PNUT price prediction for the next 24 hours hinges on key price action around the $2.45 level. The outcome will largely determine the direction of the token's immediate trajectory. If the price successfully breaks out from the $2.45 area, this signals the potential for a fifth wave extension, indicating a continuation of upward momentum. As more data becomes available, future projections will become more accurate and dependable. On the other hand, if the price fails to break through and gets rejected, it will likely lead to the start of a prolonged correction. This correction could result in the price pulling back significantly as investors take profits and traders reassess the asset's value. The next weeks are critical for defining whether PNUT can continue its rally or must consolidate before making its next move. Read More: $PNUT Crosses $1 Billion Market Cap—Is the Hype Real? Conclusion The crypto market has had surprises this month with XRP's price jumping with legal optimism. Shiba Inu (SHIB) eyed a huge leap and Solana-based DApps set fee records. Memecoin frenzy continues with projects like Peanut (PNUT) gaining traction. Traders and investors watch these trends for opportunities in a volatile crypto landscape. Remember to always do your own research (DYOR) when looking to buying memecoins.
Solana-based memecoin Peanut the Squirrel ($PNUT) crossed the $1 billion market cap and caught traders' attention on Nov.14. As $PNUT's price rises, many wonder if it's a lasting success or another bubble. $PNUT Price Trend | Source: KuCoin In a few days, $PNUT surged 266.17%, pushing its market cap to $1.68 billion. The current price is $1.68. This growth surprised even seasoned traders. Rapid growth brings risks. The Fear and Greed Index for $PNUT is at 84, showing extreme greed. High optimism can push prices higher but also lead to sharp corrections. Memecoin markets are volatile, and $PNUT is no exception. Technical analysts remain cautiously optimistic. Some predict $PNUT could reach $4.73 by December, representing another 211.12% gain. This forecast comes from trading volumes, technical indicators, and memecoin momentum. Yet, the history of memecoins like Dogecoin and Shiba Inu shows that rapid gains often end in corrections. $PNUT's volatility remains a key risk. Over the past 30 days, $PNUT had 50% of days in the green. This signals growing confidence but doesn't guarantee long-term stability. Memecoins rely on community sentiment and speculation rather than strong fundamentals, making prices unpredictable. Potential investors must weigh the risks. The best advice is to invest only what you are willing to lose. Memecoins offer big rewards but carry major risks. Read Also: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15 Is Peanut the Squirrel (PNUT) a Good Investment? Investing in Peanut the Squirrel (PNUT) comes with several potential advantages: Rapid Market Growth: Since its launch, PNUT has seen impressive price increases, including a 133% rise in one day and now 806% in one week, showing strong market interest. High Trading Volume: PNUT has reached trading volumes of up to $300 million, indicating active market participation. Influential Endorsements: Figures like Elon Musk have commented on Peanut, bringing extra attention to the token. Exchange Listings: Listings on major exchanges like KuCoin have improved accessibility and liquidity, boosting PNUT's price. Community Engagement: PNUT has attracted a dedicated community, creating support that helps drive growth and stability. These factors highlight PNUT's potential, but it's crucial to remember that it is a memecoin and highly volatile. Always conduct thorough research and consider your risk tolerance before investing. How to Buy $PNUT on KuCoin Choose how you want to buy Peanut the Squirrel on KuCoin, buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Peanut the Squirrel (PNUT): Buy Peanut the Squirrel (PNUT) with crypto on the KuCoin Spot Market With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Peanut the Squirrel (PNUT). Here's how to buy: 1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets. 2. Transfer your crypto to a KuCoin Trading Account. Find your desired PNUT trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Peanut the Squirrel (PNUT). Tip: KuCoin offers a variety of order types to buy Peanut the Squirrel (PNUT) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here. 3. As soon as your order is successfully executed, you will be able to see your available Peanut the Squirrel (PNUT) in your Trading Account. How to Store Peanut the Squirrel (PNUT) The best way to store Peanut the Squirrel (PNUT) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Peanut the Squirrel (PNUT). Store Peanut the Squirrel in Your KuCoin Account Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds. Hold Your Peanut the Squirrel in Non-Custodial Wallets "Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Peanut the Squirrel (PNUT) to a non-custodial wallet. Storing Peanut the Squirrel (PNUT) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Peanut the Squirrel (PNUT) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Peanut the Squirrel (PNUT). Conclusion $PNUT's rise to a $1 billion market cap impresses, but sustainability remains in question. The memecoin's rapid growth draws attention, yet high volatility and market sentiment suggest caution. Whether $PNUT continues its climb or faces a correction is uncertain. For now, it has earned its place in crypto history, and investors are watching closely. Read More: Top Solana Memecoins to Watch in 2024
Bitcoin is currently priced at $87,322 showing a -3.38% decrease, while Ethereum is at $3,058, down by -4.02% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.8% long versus 50.2% short positions. The Fear and Greed Index, which measures market sentiment, was at 88 yesterday and maintains the Extreme Greed level at 80 today. The crypto market has been buzzing with major developments that are shaping the landscape of digital assets. Solana is dominating new token launches by 89%, Bitcoin is aiming for a historic $100,000, and the memecoin $PNUT has crossed a billion-dollar market cap. Let’s break down what these stories mean for investors and the crypto community. What’s Trending in the Crypto Community? Tether Treasury has minted 9 billion USDT since Trump won the U.S. presidential election. Tether announced the launch of the asset tokenization platform Hadron, allowing users to tokenize various assets, including stocks, bonds, stablecoins, loyalty points, etc. The U.S. spot Bitcoin ETF has accumulated a trading volume of over $500 billion in just ten months since its launch. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change XRP/USDT +17.91% OM/USDT +12.06% HBAR/USDT +10.62% Trade now on KuCoin Read More: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone Solana Powers 89% of New Token Launches as Memecoin Craze Fuels Network Source: The Block Last week saw a staggering 181,000 new tokens appear on decentralized exchanges (DEXs). Solana accounted for 89% of these launches. Memecoin platforms like pump.fun are driving this surge, creating efficient systems for deploying new tokens. Despite this volume, only about 1% of these tokens are successfully listed on major platforms like Raydium. Still, Solana’s technical strength—fast transactions and low fees—keeps it as the top choice for new projects. The network processed roughly 41 million non-vote transactions last week, showing high user engagement. Established memecoins on Solana are outperforming, second only to major Layer 1 tokens like Ethereum and Solana itself. This shows that investors are still hungry for high-risk, high-reward opportunities even as institutional capital pours into regulated assets like Bitcoin ETFs. Solana’s position as the preferred network for new token launches remains secure for now. Its technical edge in fee structure and transaction speed keeps it ahead, though the high failure rate of new tokens reminds us of the speculative nature of these projects. Bitcoin’s $100K Path Could Accelerate in November BTC/USDT Chart Source: KuCoin Analysts are predicting that Bitcoin could hit $100,000 before the end of November. This expectation follows historical trends and the recent surge in investor interest since Donald Trump won the U.S. presidential election. Bitcoin recently crossed the $90,000 mark, putting it within striking distance of six figures. Its 100% year-to-date rally has outpaced most traditional assets, highlighting its strong appeal as an investment option. November has historically been the best month for Bitcoin’s returns. A 14.7% increase from the current price of $87,843 would push it past $100,000. If history repeats itself, Bitcoin could break this milestone within weeks. However, leveraged trading ratios have reached unsustainable levels. Kris Marszalek, CEO of Crypto.com, warned that a market correction might be needed before Bitcoin can push further, urging traders to manage their risk wisely. Despite the need for possible deleveraging, optimism remains strong. Bitcoin has already gained 20% this month, and analysts believe it could match or exceed its historical average monthly return of 44%. The next few weeks will be crucial for BTC as it inches closer to the much-anticipated $100,000 mark. Bitcoin average monthly returns. Source: CoinGlass Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 $PNUT Crosses $1 Billion Market Cap $PNUT Price Trend | Source: KuCoin Peanut the Squirrel ($PNUT) has taken the crypto world by storm. This Solana-based memecoin crossed the $1 billion market cap, driven by a massive price surge of 266.17% within just a few days. With a current price hovering around $1.68, $PNUT has caught the attention of both traders and the broader crypto community. Yet, the hype brings risk. The fear and greed index sits at 84, indicating “extreme greed.” Such levels often suggest collective euphoria, which can be followed by sudden corrections. Despite this, technical analysts remain bullish, forecasting a potential price of $4.73 by December—a jump of 211.12%. The rapid rise of $PNUT is reminiscent of earlier memecoin successes like Dogecoin and Shiba Inu, which saw massive gains followed by equally sharp corrections. While $PNUT shows promise, investors must remember that its high volatility carries significant risk. The memecoin recorded 50% of “green” days over the last 30 days—a signal of confidence but not a guarantee of stability. The key question for new investors is whether this is a strategic long-term play or just a speculative short-term bet. As always, only invest what you’re willing to lose, as the history of crypto is filled with quick rises and equally rapid falls. Read More: BTC ETF Sees Net Inflow of $61.3 million, $DOGE Sees 140% Surge with 75,000 New Dogecoin Wallets, BlackRock Expands Tokenized BUIDL Fund: Nov 14 Pennsylvania House Introduces Bill for Bitcoin Reserve President-elect Donald Trump, known for his pro-crypto stance, has sparked excitement in the crypto market following his election win. At the Bitcoin Conference in Nashville, he pledged to make the U.S. the "crypto capital of the planet," leading many, including Pennsylvania legislators, to take notice. Satoshi Action Fund announced up to 10 more states are likely to follow suit this year. State Representative Mike Cabell has proposed a bill to allow the state treasurer to invest up to 10% of Pennsylvania’s general fund in Bitcoin. Cabell believes this move would help the state stay ahead of inflation. Bitcoin’s value jumped by 28.7% after the election, reaching over $89,000, and enthusiasts hope it will hit six figures by Trump’s inauguration in January. The bill, still in planning, faces challenges, including a Democratic-controlled House, Republican-majority Senate, and Cabell’s end of term, as he lost his reelection bid. However, State Representative Torren Ecker plans to continue pushing the effort. Cabell's focus now is educating other legislators on Bitcoin’s potential. Representative Cabell said, “This work cannot be done by one lawmaker or even a group of lawmakers; it requires advocates who understand the policy intricacies and can help foster these relationships within state legislatures and Congress.” Not everyone supports the idea. Hilary Allen, a financial regulation professor, called it "an unequivocally bad idea" due to Bitcoin’s volatility. However, similar moves in other states, like Wisconsin and Michigan, show growing interest in alternative assets. Andrew Bull, a digital assets lawyer, notes that such a bold move is rare but could be effective if held long-term. Despite risks, Cabell remains committed. "I’m more concerned about inflation than risky investments," he said, expressing confidence in Bitcoin’s potential benefits for Pennsylvania. Conclusion The crypto market remains highly dynamic. Solana’s leadership in token launches, Bitcoin’s rapid move towards $100,000, and $PNUT’s meteoric rise all highlight the opportunities—and risks—available to investors. Solana continues to dominate new projects, thanks to its technical strengths. Bitcoin’s price surge shows promise, but leveraged positions pose a risk for short-term corrections. Meanwhile, $PNUT’s rapid growth underscores the speculative nature of memecoins. As the market evolves, investors need to stay informed and assess whether each opportunity aligns with their risk tolerance and goals.
TapSwap, a highly popular game on Telegram, keeps nearly 7 million monthly active users engaged with daily opportunities to earn valuable rewards. By entering secret video codes, players can earn up to 200,000 coins per task, boosting their in-game earnings and gearing up for the much-anticipated TapSwap airdrop and Token Generation Event (TGE) set for Q4 2024. Quick Take Earn up to 200,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a new skill-based gaming platform with TAPS token rewards, marking a shift from traditional tap-to-earn Telegram games. TapSwap’s long-term sustainability model emphasizes skill-based monetization, rewarding players for their abilities rather than chance. Today’s TapSwap Secret Video Codes for November 14 Unlock up to 1.6 million coins by using the following video codes in today’s TapSwap tasks: Unlock Rewards | Part 1Answer: @R#7Y Sei Network Ambassador Challenge | Part 4Answer: 3Aqw$ Start Making Money With NFTs | Part 2Answer: 3Tp&e Earn Money OnlineAnswer: 4can Daily PaymentsAnswer: s7ug Secret Method To Sell Answer: puter How to Unlock 2.4M Coins with TapSwap Secret Video Codes Open the TapSwap Telegram bot. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s New Skill-Based Gaming Platform TapSwap has launched an innovative Web3 gaming platform designed to reward players based on skill. This platform enhances the popular “tap-to-earn” model by introducing a fairer monetization approach through its native token, TAPS. Players can compete in skill-based games to earn TAPS tokens—a shift away from traditional gaming models that rely on luck or pay-to-win mechanics. TapSwap’s Gaming Features and Earning Opportunities TapSwap’s Web3 gaming platform rewards players based on skill, moving beyond traditional “tap-to-earn” mechanics. Through TapSwap’s TAPS token, players can compete in skill-based games, earning rewards in a fairer monetization model. Features and Earning Opportunities The platform offers a user-friendly dashboard with games, leaderboards, and achievements. Players can join competitive games with a token entry fee to earn TAPS tokens, with an upcoming TGE event planned. A training mode allows users to practice without financial risk. Initially focused on proprietary games, TapSwap plans to onboard third-party developers by 2025, ensuring a continuous flow of new content and a sustainable ecosystem. Developer Integration and Revenue Sharing By 2025, TapSwap will allow external developers to integrate games and share revenue from player engagement. This profit-sharing model encourages high-quality content, enriching the player experience and fairly distributing revenue. TapSwap Expects 5M MAUs, $500M Revenue Inspired by Web2 gaming platforms like Skillz, which has 3.2 million monthly users, TapSwap aims to reach 5 million monthly active users and $500 million in projected revenue. With over 6 million social media followers, the TapSwap community continues to grow, demonstrating strong interest as it moves toward new milestones. Ventura and his team have worked to stabilize the TAPS token value, addressing the volatility issues common in tap-to-earn tokens. By focusing on skill-based monetization, TapSwap aims to build a loyal player base and achieve sustainable growth. Conclusion TapSwap’s Web3 platform is redefining gaming standards with its unique blend of skill-based rewards and developer-friendly ecosystem. Its forward-thinking model fosters sustainable growth, rewarding players based on ability rather than chance. With the TGE on the horizon and daily opportunities to earn coins through video codes, TapSwap is a significant new player in Web3 gaming. Stay up-to-date with the latest video codes to maximize your earnings and join a growing community eager to redefine the gaming landscape! Read more: TapSwap Daily Video Codes on November 13, 2024
In a historic moment for cryptocurrency, Bitcoin broke through the significant $90,000 resistance mark, soaring past $93,000 on November 13, 2024. The surge is largely attributed to unprecedented demand from U.S. investors, who have increasingly sought exposure to Bitcoin through both direct purchases and exchange-traded funds (ETFs). Quick Take Bitcoin shattered the $90K resistance on strong U.S. demand. BlackRock’s iShares Bitcoin ETF saw $1.2 billion in volume. Analysts forecast end-of-year prices ranging from $80K to $100K. PlanB forecasts Bitcoin price to touch $1 million by 2025. Upcoming $11.8B options expiry in December could influence BTC’s trajectory. Coinbase Premium Index — which tracks the price difference of Bitcoin on Coinbase versus offshore exchanges like Binance — spiked to its highest point since April, underscoring the heavy buying from U.S.-based investors. The premium index indicates that Bitcoin was trading at a higher price on U.S. exchanges, a sign that American traders, including institutional investors, are leading this rally. The timing of the surge coincided with the opening of U.S. stock markets, highlighting that American investors are driving this latest price breakout. U.S. markets have been increasingly optimistic about Bitcoin as an investment, with high trading volumes reflecting their confidence. Spot Bitcoin ETFs Lead the Way: BlackRock’s Record Volumes of $1.2B Spot Bitcoin ETF flows | Source: TheBlock The iShares Bitcoin Trust ETF by BlackRock has quickly become a favorite among institutional and traditional investors. On the day Bitcoin surpassed $90,000, BlackRock’s Bitcoin ETF recorded a trading volume of $1.2 billion within the first hour of U.S. markets opening. This made it the fourth most-traded ETF across all ETF products that day, illustrating significant interest from traditional finance sectors. How ETFs Have Helped Drive Higher Institutional Interest in Bitcoin BlackRock’s iShares Bitcoin ETF has sparked heightened interest in Bitcoin from large investors, reflecting growing trust and mainstream acceptance of the cryptocurrency. As a regulated and familiar investment vehicle, Bitcoin ETFs are particularly attractive to institutional investors who may be hesitant to enter the volatile crypto market directly. The surge in trading volume for BlackRock's ETF underscores this trend, as more risk-averse players gain Bitcoin exposure through structured, compliant products. The involvement of BlackRock and other major institutions in Bitcoin ETFs marks a significant shift in Bitcoin's adoption. ETFs provide an accessible entry point, allowing institutions to invest in Bitcoin without dealing with the complexities of direct ownership. This framework appeals to pension funds, asset managers, and other institutional players by offering liquidity, transparency, and regulatory compliance. As ETFs shape Bitcoin's future as a mainstream asset, they open the door for broader acceptance among both retail and institutional investors alike. Spot Buying Drives Bitcoin’s Rally, Critical to Sustain Uptrend Unlike rallies based on futures or other leveraged products, Bitcoin’s latest surge has been driven by spot buying. According to data on Bitcoin’s cumulative volume delta (CVD), the net buying pressure has been exceptionally strong. Each time the spot CVD shows a significant uptick, Bitcoin’s price tends to increase, suggesting that the current rally may be more sustainable than past surges based on speculative futures trading. Spot trading reflects real purchases rather than derivative-based speculation, meaning buyers are directly acquiring Bitcoin rather than betting on its future price. This trend signals a healthier, demand-driven rise, which could be more resilient in the face of market volatility. Wall Street Gains from Bitcoin Futures BTC OI-weighted funding rate | Source: CoinGlass As Bitcoin’s price surges, Wall Street banks have also benefited. Reports indicate that banks have accrued approximately $1.4 billion in gains from Bitcoin futures, further demonstrating that traditional finance players are deeply invested in the asset’s success. Banks have found a way to gain exposure to Bitcoin’s price without directly holding the asset. By trading Bitcoin futures and ETFs, they can leverage price movements and generate significant returns. This surge in institutional participation is indicative of a growing acceptance of Bitcoin as a legitimate asset class. December’s $11.8B Options Expiry Could Be a Catalyst for Bitcoin’s Next Move Bitcoin options open interest | Source: Cointelegraph The significant open interest in Bitcoin options for December 27 creates a scenario in which price movement around that date could drive major market activity. With $11.8 billion at stake, bulls are hoping for a strong close above $90,000, while bears might aim for a lower price to make their put options profitable. The aggregate open interest for this expiry has a significant tilt toward call (buy) options over puts (sell) options. The majority of calls have a strike price in the $90,000 to $100,000 range. If Bitcoin approaches this level as expiry nears, it could drive additional buying pressure. Conversely, a dip below $90,000 could offer short-term opportunities for bearish traders. Read more: How to Trade Options on KuCoin: A Beginner’s Guide Implications of the Options Imbalance Currently, open interest for Bitcoin call options outpaces put options, with $7.9 billion in calls compared to $3.92 billion in puts. This large difference shows that more traders are betting on Bitcoin’s price increasing. The dominant position of call options could lead to a bullish scenario, especially if Bitcoin continues to stay above key levels as the expiry date approaches. If Bitcoin remains near $88,000 at the time of the options expiry, it would render most put options irrelevant, putting bearish traders at a disadvantage. The December expiry could become a catalyst for a potential year-end rally, pushing Bitcoin toward, or even beyond, the $100,000 mark. Expert Predictions for Bitcoin’s Price: $80K to $100K According to a report on Cointelegraph, several prominent analysts and market experts have shared their forecasts on where Bitcoin might end the year: Arthur Hayes (BitMEX): BitMEX co-founder Arthur Hayes envisions Bitcoin reaching $1 million, driven by expansive U.S. fiscal policies and potential regulatory changes under Trump. Hayes predicts that Trump's industrial subsidies and inflation-inducing policies, along with re-shoring efforts, will increase demand for Bitcoin as a hedge against currency devaluation, enabling Bitcoin to surpass all previous bull markets. PlanB: PlanB, the creator of the Bitcoin Stock-to-Flow model, predicts Bitcoin will hit $100,000 by the end of 2024 and could reach $500,000 to $1 million by 2025. He bases this on Bitcoin's scarcity, likening it to gold and real estate, which thrive in inflationary times. PlanB also sees more potential if Bitcoin is adopted as a national reserve asset, especially with pro-Bitcoin U.S. policies. Tony Sycamore (IG Markets): Expects Bitcoin to trade in the low-to-mid $90,000 range, anticipating a rotation toward altcoins in the near term. Josh Gilbert (eToro): Predicts Bitcoin hitting $100,000, driven by strong demand from institutional investors and positive macroeconomic trends. Ki Young Ju (CryptoQuant): Has a more cautious forecast, with an estimate of $58,974. He warns of potential corrections due to overheating in the derivatives market. Pav Hundal (SwyftX): Sees Bitcoin closing the year just above $100,000, based on a Fibonacci extension analysis. Ben Simpson (Collective Shift): Also expects Bitcoin to reach the $100,000 mark, buoyed by the Trump election, easing interest rates, and robust ETF trading volumes. These forecasts highlight a strong consensus that Bitcoin will remain in the high range, with some expecting prices to approach or exceed the six-figure milestone by the end of the year. Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 The Road to $100K – What’s Next for Bitcoin? The recent surge past $90,000 has reaffirmed Bitcoin’s position as a resilient, highly sought-after asset. With strong support from institutional investors, robust spot buying, and favorable economic conditions, Bitcoin appears poised to continue its upward trajectory. The $100,000 mark has become a psychological target for both investors and analysts. While some experts predict caution due to potential corrections, the overwhelming sentiment remains bullish. With the December options expiry acting as a potential catalyst, Bitcoin’s journey toward six figures is likely to capture the world’s attention. As 2024 draws to a close, the question remains: will Bitcoin’s momentum carry it to new all-time highs? The answer may soon be clear. Read more: BTC ETF Sees Net Inflow of $61.3 million, $DOGE Sees 140% Surge with 75,000 New Dogecoin Wallets, BlackRock Expands Tokenized BUIDL Fund: Nov 14
Dogecoin ($DOGE) has surged over 140% in the past week. It now trades above $0.4. This rise has come during a broader market rally and is fueled by a sharp increase in new users joining the network. Source: X According to on-chain analytics firm Santiment, Dogecoin saw 74,885 new wallets created over the last week. Each wallet holds less than 100,000 DOGE, which signals growing retail interest. At the same time, larger holders known as sharks and whales saw their numbers drop by 350 addresses. Despite this drop, 108 new large wallets have appeared in recent days, adding more buying power to Dogecoin's market. Ali Martinez, a popular cryptocurrency analyst, believes this rally could be just the start. He predicts that Dogecoin could go parabolic soon, hitting prices between $3.95 and $23.26. Martinez points to historical trends and Fibonacci retracement levels, which often show key moments of strong movement. If this trend plays out, Dogecoin could surpass expectations and reach new highs. Dogecoin has also outperformed Bitcoin in recent days. While Bitcoin increased by 25% over the past week, Dogecoin’s surge has been much stronger. Last month, Dogecoin saw its biggest spike in active addresses in six months, with 84,000 wallets becoming active. This level of activity shows that users are not just holding DOGE. They are actively trading and transferring it, keeping the network dynamic and strong. Analyst Insights on Dogecoin's Future Source: KuCoin Opinions about Dogecoin’s future are mixed. Increased retail interest and growing institutional involvement give a strong base for this rally. Crypto analyst @ali_charts highlighted potential short-term corrections based on the TD Sequential indicator. He noted sell signals for Dogecoin on 4-hour and 12-hour charts, with another forming on the daily chart. These signals suggest Dogecoin may pull back before going higher. Corrections often provide a chance for new buyers, giving fresh momentum to the rally. Crypto Twitter influencer WIZZ has a different take. He expects Dogecoin to hit $1 soon and outperform other top digital assets. WIZZ also mentioned rumors that Dogecoin could become integrated into X for payments. If this happens, it would greatly increase Dogecoin's use and boost its value. Integration into a major platform like X would be a game-changer, moving Dogecoin beyond its status as a meme asset. Elon Musk remains central to Dogecoin's story. His influence over the crypto space is significant. Recent rumors suggest Musk could take part in Donald Trump’s new administration, possibly leading a Department of Government Efficiency, nicknamed D.O.G.E. Musk has always been a vocal supporter of Dogecoin. His support and the potential government involvement have clearly added excitement, pushing Dogecoin higher. Dogecoin’s rapid price rise and the influx of new wallets signal belief in its potential. If analysts are right, Dogecoin could push beyond $3.95 or even reach above $20. With key figures like Musk backing it, Dogecoin is no longer just a joke. It is evolving into a major digital asset with growing use cases. Read More: Dogecoin Soars 80% in 1 Week as Trump Introduces 'DOGE' Department, Backed by Musk and Ramaswamy Conclusion Dogecoin is making headlines once again. Nearly 75,000 new wallets appeared in a single week, helping drive a 140% price surge. Analysts predict this could be just the beginning. With Elon Musk’s involvement and possible integration into X, Dogecoin's future looks bright. Whether due to hype or increased adoption, Dogecoin is gaining momentum, and the market is watching closely.
According to SpotOnChain, Tether has minted $5 billion worth of USDT stablecoin over five days, coinciding with Bitcoin's rally to $93,000.This massive liquidity boost aligned with Bitcoin’s push towards the $93,000 milestone. The influx of funds has fueled an already bullish market, providing Bitcoin the boost it needed to surge forward. Source: SpotOnChain In the past 5 days, the BTC price kept setting new record highs as Tether Treasury minted a net 5B USDT on both Ethereum and Tron, including: a net 1B USDT on November 6, after which the BTC price rose to a new high of $76,200; 2B USDT on November 9 and 10, after which the BTC price reached a new all-time high of $89,500; 2B USDT on November 12 SpotOnChain data shows Tether began minting $1 billion USDT on November 6. This mint coincided with Bitcoin reaching $76,200. Tether followed up with $2 billion on November 9 and 10, propelling Bitcoin past $80,000. On November 11, Tether added another $2 billion. In five days, Tether minted a total of $5 billion, adding critical liquidity at the right time. Tether's market cap jumped to $124 billion, cementing its dominance as the leading stablecoin. This represents a 4.2% growth from its earlier $119 billion. USDT remains a key player in the crypto world, providing liquidity for centralized and decentralized trades. CryptoSlate data shows USDT’s 24-hour trading volume hit $289 billion. Traders are using USDT as a bridge to seize opportunities during this rally. Impact of USDT Supply on the Market Tether’s supply expansion came as the market rallied. More USDT in circulation means more liquidity. Historically, an increase in USDT supply correlates with gains in major cryptocurrencies like Bitcoin and Ethereum. USDT offers an easy route into the crypto market, providing stable buying power. As Tether pumped more USDT into the market, liquidity surged, allowing for efficient trades. Bitcoin's price jumped 11% in five days, reaching close to $90,000 on November 12, 2024. The added USDT fueled this climb by making fresh trading capital available. Tether’s minting spree helped maintain bullish momentum by boosting liquidity across exchanges. With a market cap of $124 billion, USDT now controls roughly 63% of the stablecoin market, which stands at $197 billion. This makes Tether the backbone of market liquidity. The fresh $5 billion has not only propelled Bitcoin but has also reinforced market stability. Read more: USDT vs. USDC: Differences and Similarities to Know in 2024 Tether Launches Wallet Development Kit Source: X Tether also recently launched a wallet development kit (WDK) designed for seamless integration of non-custodial wallets on November 12th. The WDK is modular and open-source, making it easy for developers to add wallet features to their platforms. It supports individual users and emerging digital entities like AI agents and robots. The WDK gives developers tools to create wallets for mobile, desktop, and web. It is fully self-custodial, meaning users have complete control over their assets. Tether CEO Paolo Ardoino stated that the WDK will empower users to manage their finances with "programmable open resilient systems" that connect people, machines, and communities. Ardoino added: “WDK by Tether is focusing on open-source, super-modular, highly scalable and battle tested development libraries that are easy to integrate on any platform, from embedded devices to mobile, from laptop apps to websites, from AI agents to robotic brains.” Conclusion Tether's $5 billion USDT injection added crucial liquidity, which might be another trigger to push Bitcoin towards $93,000. The increase supported a bullish market, with USDT now commanding a $124 billion market cap. Tether's new wallet development kit further strengthens its offerings, empowering developers to build self-custodial wallets that keep users in control. The combination of increased USDT supply and new technology solidifies Tether's central role in the crypto market. As Bitcoin pushes higher, Tether's liquidity and innovation will continue to be vital in driving market growth and sustaining momentum. Read more: All You Need to Know About Global Dollar (USDG) Stablecoin
Bitcoin hit another milestone above $93,000 on Nov. 13 and is currently priced at $90,375, showing a +2.77% increase, while Ethereum is at $3,187, down by -1.79% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.8% long versus 50.2% short positions. The Fear and Greed Index, which measures market sentiment, was at 84 yesterday and maintains the Extreme Greed level at 88 today. Bitcoin hit a new all-time high today of $93,000, edging closer to the milestone of $100,000. Bitcoin's latest surge took the market by storm. Investors saw new record highs as positive sentiment fueled optimism in the crypto space. What’s Trending in the Crypto Community? Net inflows for nine spot Ethereum ETFs turned positive after 79 trading days. USDT market cap surpassed $125 billion, setting a new all-time high. Linea token to be launched in Q1 2025. BlackRock’s BUIDL fund expanded to chains including Aptos, Arbitrum, Avalanche, Optimism, and Polygon. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change PNUT/USDT +426.51% PEPE/USDT +77.30% MOG/USDT +43.98% Trade now on KuCoin Read More: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone BTC ETFs Had a Net Inflow of $61.3M on Nov 13 Data monitored by Farside Investors provides insight into the fund activity for both US spot Bitcoin and spot Ethereum ETFs on November 14. The report indicates significant capital movement across multiple funds, reflecting investor activity and sentiment. BTC/USDT Chart. Source: KuCoin The Spot Bitcoin ETF saw a net inflow of $61.3 million in BTC, signaling a considerable uptick in investor interest in Bitcoin. Additionally, the BITB fund experienced a net inflow of $12.3 million, showing a sustained appetite for exposure to Bitcoin through this specific ETF vehicle. Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 ETHW Had a Net Inflow of $13M on Nov 13th In the case of Ethereum, the Spot Ethereum ETF had several key inflows. The ETHW fund recorded a net inflow of $13 million, suggesting strong interest in alternative Ethereum-based assets. The primary Ethereum ETF (ETH) saw a more modest net inflow of $2.2 million, while the ETHE fund attracted $5.6 million. These inflows point to diverse investor preferences across different Ethereum-related products, reflecting both interest in mainline Ethereum and variations like ETHW. ETHUSDT Chart Source: KuCoin The combined inflows for Bitcoin and Ethereum spot ETFs indicate a broader trend of renewed investor confidence in digital assets. With Bitcoin-related funds attracting nearly $73.6 million and Ethereum funds seeing inflows totaling $20.8 million, the data highlights a growing interest in these key assets despite market fluctuations. $DOGE Sees Nearly 75,000 New Dogecoin Wallets During BTC Bull Run Fueling 140% Price Surge Dogecoin ($DOGE) has surged over 140% in the past week. It now trades above $0.4. This rise has come during a broader market rally and is fueled by a sharp increase in new users joining the network. Source: X According to on-chain analytics firm Santiment, Dogecoin saw 74,885 new wallets created over the last week. Each wallet holds less than 100,000 DOGE, which signals growing retail interest. At the same time, larger holders known as sharks and whales saw their numbers drop by 350 addresses. Despite this drop, 108 new large wallets have appeared in recent days, adding more buying power to Dogecoin's market. Ali Martinez, a popular cryptocurrency analyst, believes this rally could be just the start. He predicts that Dogecoin could go parabolic soon, hitting prices between $3.95 and $23.26. Martinez points to historical trends and Fibonacci retracement levels, which often show key moments of strong movement. If this trend plays out, Dogecoin could surpass expectations and reach new highs. Dogecoin has also outperformed Bitcoin in recent days. While Bitcoin increased by 25% over the past week, Dogecoin’s surge has been much stronger. Last month, Dogecoin saw its biggest spike in active addresses in six months, with 84,000 wallets becoming active. This level of activity shows that users are not just holding DOGE. They are actively trading and transferring it, keeping the network dynamic and strong. Read more: Dogecoin Soars 80% in 1 Week as Trump Introduces 'DOGE' Department, Backed by Musk and Ramaswamy BlackRock Expands Tokenized BUIDL Fund to Aptos, Arbitrum, Avalanche Optimism, and Polygon BlackRock's BUIDL fund, tokenized by Securitize, is moving beyond Ethereum. It now includes Aptos, Arbitrum, Avalanche, Optimism, and Polygon blockchains. This expansion aims to increase access for investors DAOs and digital asset-native firms across these ecosystems. BlackRock wants to capitalize on growing demand for tokenized assets by providing a more inclusive environment for those seeking exposure to government securities. BUIDL leads the tokenized government securities niche with $517 million in assets. This equals around 22% market share in the $2.3 billion sector. Launched in partnership with Securitize, the fund offers on chain yield, dividend accrual, and near real-time peer-to-peer transfers. Expanding to new blockchain networks will allow developers to integrate BUIDL into their ecosystems, boosting accessibility and potential use cases. "We wanted to develop an ecosystem that was thoughtfully designed to be digital and take advantage of the advantages of tokenization," Securitize CEO and co-founder Carlos Domingo said. "Real-world asset tokenization is scaling, and we're excited to have these blockchains added to increase the potential of the BUIDL ecosystem. With these new chains we'll start to see more investors looking to leverage the underlying technology to increase efficiencies on all the things that until now have been hard to do." With Aptos, Arbitrum, Avalanche, Optimism, and Polygon now onboard, developers can work within their preferred blockchain while accessing BUIDL. This broadens the potential for yield-generating investments and deepens liquidity in DeFi. BNY Mellon will continue as the fund’s administrator and custodian, ensuring consistent management across all blockchains. This step shows how traditional institutions like BNY Mellon adapt as blockchain technology evolves. Read more: Top 5 Crypto Projects Tokenizing Real-world Assets (RWAs) in 2024 The Growing Market for Tokenized Government Securities The market for tokenized government securities is growing fast, and BlackRock's BUIDL fund leads the charge. Launched in March, BUIDL became the largest tokenized government securities fund in less than 40 days. It now holds $517 million in assets, accounting for 22% of the market share. This rapid growth shows that investor interest in blockchain-based financial products is rising. Franklin Templeton introduced the OnChain U.S. Government Money Fund (FOBXX) through the BENJI token in 2021. It was the first U.S.-registered fund to use blockchain for transactions. BENJI now operates on Aptos, Arbitrum, Avalanche, Stellar, and Polygon with $403 million in assets. Though BENJI was the first, BUIDL quickly overtook it due to its institutional backing and aggressive expansion. Demand for tokenized assets is growing as investors seek transparency, liquidity, and efficiency. By expanding BUIDL to more blockchains, BlackRock makes these securities more accessible. This opens doors for DAOs and DeFi projects to use these assets in their protocols, offering new ways to earn yield and use collateral. Conclusion With the fast-paced crypto market and Bitcoin hitting another new milestone above $93,000, spot Bitcoin (BTC) ETFs saw a new net inflow of $61.3 million, while ETHW experienced a net inflow of $13 million on November 13th. BlackRock’s BUIDL fund is expanding to Aptos, Arbitrum, Avalanche, Optimism, and Polygon. This expansion aims to make government securities more accessible and integrate them into DeFi ecosystems. BUIDL’s rapid growth highlights the strong demand for tokenized assets. Meanwhile, Dogecoin added 74,885 new wallets last week, driven by bullish sentiment and its connection to Elon Musk. These developments underscore the potential for Bitcoin to soon reach the $100,000 milestone.
TapSwap, a widely popular game on Telegram, continues to engage nearly 7 million monthly active users with daily chances to earn valuable rewards. Players can earn up to 200,000 coins per task by entering secret video codes, boosting their in-game earnings and preparing for the eagerly awaited TapSwap airdrop and Token Generation Event (TGE) scheduled for Q4 2024. Quick Take Earn up to 200,000 coins daily by completing each video task. Use today’s video codes to maximize your rewards. TapSwap introduces a new skill-based gaming platform with TAPS token rewards, marking a shift from traditional tap-to-earn Telegram games. TapSwap’s long-term sustainability model emphasizes skill-based monetization, rewarding players for their abilities rather than chance. Today’s TapSwap Secret Video Codes for November 13 Unlock up to 1.6 million coins by using the following video codes in today’s TapSwap tasks: OpenSea 2.0 Launch!Answer: 5$%hG Sei Network Ambassador Challenge | Part 3Answer: 3#DaP Start Making Money With NFTs | Part 1Answer: H9#ka Start Career in IT Answer: 7oin2 Find Clients on Freelance Answer: 6yta Make Money From Home Answer: 2o4n6 How to Unlock 1.6M Coins with TapSwap Secret Video Codes Open the TapSwap Telegram bot. Navigate to the “Task” section and select “Cinema” to access video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s New Skill-Based Gaming Platform TapSwap has launched an innovative Web3 gaming platform designed to reward players based on skill. This platform enhances the popular “tap-to-earn” model by introducing a fairer monetization approach through its native token, TAPS. Players can compete in skill-based games to earn TAPS tokens—a shift away from traditional gaming models that rely on luck or pay-to-win mechanics. TapSwap’s Gaming Features and Earning Opportunities TapSwap’s platform includes an intuitive dashboard displaying games, leaderboards, and achievements. Players can enter competitive games with a token entry fee, earning TAPS token rewards during the upcoming TGE event. A training mode also allows users to practice and improve without any financial commitment. The initial platform launch focuses on proprietary games, with plans to onboard third-party developers by 2025. This phased approach provides players with a steady stream of new games and offers developers a revenue-sharing opportunity, fostering a sustainable ecosystem for both communities. Developer Integration and Revenue Sharing By 2025, TapSwap’s model will open to external developers, allowing them to integrate games and share in revenue generated by player participation. This profit-sharing system incentivizes developers to produce quality content, ultimately enriching the player experience and distributing revenue fairly. TapSwap Expects 5M MAUs, $500M Revenue Inspired by Web2 gaming platforms like Skillz, which has 3.2 million monthly users, TapSwap aims to reach 5 million monthly active users and $500 million in projected revenue. With over 6 million social media followers, the TapSwap community continues to grow, demonstrating strong interest as it moves toward new milestones. Ventura and his team have worked to stabilize the TAPS token value, addressing the volatility issues common in tap-to-earn tokens. By focusing on skill-based monetization, TapSwap aims to build a loyal player base and achieve sustainable growth. Conclusion TapSwap’s Web3 platform is redefining gaming standards with its unique blend of skill-based rewards and developer-friendly ecosystem. Its forward-thinking model fosters sustainable growth, rewarding players based on ability rather than chance. With the TGE on the horizon and daily opportunities to earn coins through video codes, TapSwap is a significant new player in Web3 gaming. Stay up-to-date with the latest video codes to maximize your earnings and join a growing community eager to redefine the gaming landscape! Read more: TapSwap Daily Video Codes on November 12, 2024