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Sui Ecosystem Altcoin Explodes 109% As Binance Announces Trading Support

An altcoin in the Sui (SUI) ecosystem is skyrocketing after suddenly gaining support from Binance. In a new announcement, the world’s largest crypto exchange platform by volume says that it will be adding trading support for Cetus (CETUS), a decentralized exchange (DEX) and concentrated liquidity protocol on the Sui blockchain. According to Binance, CETUS opens up for spot trading as well as futures contracts in the USDT trading pair on Wednesday, while withdrawals are permitted starting Thursday. News of the listing sent CETUS, the project’s native asset, flying. CETUS shot up to a high of $0.341 Tuesday, up from Monday’s low of $0.163, a 109% gain. At time of writing, CETUS is trading for $0.31 with a current market cap of $101.8 million and ranked as the 439th largest crypto asset. Binance is applying a seed tag to CETUS, which the exchange applies to lower-liquidity projects that may exhibit higher volatility compared to other listed tokens. Binance require
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Donald Trump’s triumph creates over 11,000 new Bitcoin millionaires

While Bitcoin (BTC) attempted a breakout already as Americans were casting their ballots, the true rally came once President-Elect Donald Trump’s lead in the electoral college started becoming overwhelming. As the world’s premier cryptocurrency reached a new all-time high (ATH) at $75,358.70 and is, following a 7.83% rise in the last 24 hours to BTC price today of $74,133, possibly aiming for new peaks, the number of Bitcoin millionaires has also rocketed. Specifically, on October 7 – just under a month ago – 121,061 addresses were holding more than $1 million worth of the coin, and at press time on November 6, there were 132,842 – meaning there are 11,487 new BTC millionaires as per Finbold Research. Of these, 121,126 addresses hold between $1 million and $9.99 million, and 11,716 are richer than $10 million. On October 7, data retrieved from BitInfoCharts using the Wayback Machine web archive tool shows there were 10,434 addresses with more than $1
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Bitcoin’s parabolic rally: Why $170,000 could be the next target

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With Bitcoin (BTC) holding above the $70,000 mark, market attention remains focused on whether the maiden cryptocurrency can experience a potential breakout in the near future. Notably, crypto analyst TradingShot shared insights in a TradingView post on November 4, analyzing Bitcoin’s technical setup and its potential to reach the $170,000 level. Bitcoin price analysis chart. Source: TradingShot/TradingView Historical patterns: Rebounding from key support levels Historically, Bitcoin has shown a strong tendency to rally after rebounding from significant support levels, the 50-week Moving Average (1W MA-50).  Picks for you DOGE or SHIB? We asked ChatGPT-4o which is a better buy for 2025 2 hours ago Key gold price levels to watch a
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Bitcoin Policy Institute pitches US strategic bitcoin reserve

On the eve of the US presidential election, the Bitcoin Policy Institute published a report endorsing a strategic reserve of bitcoin akin to US strategic reserves of gold, medical equipment, minerals, or petroleum. Asking whoever becomes president to ask the US Treasury Secretary to buy bitcoin, the 53-page research paper attempts to cover the pros and cons of investing in the crypto as a sovereign. The authors distinguish between bitcoin as a central bank asset held by the Federal Reserve and bitcoin as a discretionary investment of the US Treasury. The paper specifically advocates for the latter. Authors tossed around proposals like a multi-year, dollar cost-averaging purchase program — or buying enough bitcoin to equal the amount of the Treasury’s gold reserves . After these far-from-conservative examples, the authors recommended forming governance boards to plan a realistic fiscal policy. Readers might also be curious as to why the paper is asking for a strategic b
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Is It Too Late To Buy FWOG? Fwog Price Leaps 27% And This Might Be The Next Crypto To Explode

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The Fwog price has soared 27% in the last 24 hours to trade at $0.3433 as of 8:30 a.m. EST on a 34% surge in trading volume to $34 million. Fwog Price May Continue The Bullish Trend Within The Ascending Channel The FWOG/USD chart on a 15-minute timeframe shows an upward trend within an ascending channel, signalling a bullish movement. The price is currently around 0.3380, slightly down by 2.03%, and has been moving between the upper and lower bounds of the channel, which serve as dynamic resistance and support levels. FWOGUSD Analysis , Source: Dextools.io A notable “Golden Cross”  has occurred, with the 50-period moving average (0.3157) crossing above the 200-period moving average (0.2877). This crossover typically signals further bullish momentum as the price remains well above both SMAs. Additionally, a support level around the 0.30 price area provides a strong base for the price if it faces a pullback. The indicators support the bullish outlook. The MACD shows a sligh
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Shiba Inu: How To Be A Millionaire When SHIB Hits $0.000075?

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Shiba Inu (SHIB) is one of the most successful cryptocurrency projects in the last four years. The asset has witnessed a significant rise in value since its launch in August 2020. During the 2021 bull run, SHIB’s price rallied by many million percent. Early investors made massive returns with very little capital. While some believe the SHIB boat has sailed, others think there is still time to make it big with the dog-themed crypto. Also Read: Dogecoin (DOGE) Predicted To Rally 33% To $0.20: Here’s When How Can You Become A Millionaire If Shiba Inu Hits $0.000075? Source – Token Metrics At $0.000075 per coin, you will need about 13,333,333,333.3 (13.33 billion) SHIB tokens. The price of 13.33 billion SHIB right now is about $213,333.33. If the trade is successful, your portfolio’s value will grow by 268.75%. While the growth would be commendable, it is not something SHIB has not done before. As stated earlier, SHIB’s price rallied by many million percent during the 2021 bull run. Althou
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Simon’s Cat Price Prediction: CAT Leaps 8% As Pepe Unchained Rockets Past $24 Million In Presale

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The Simon’s Cat price surged 8% in the last 24 hours to trade at $0.00003076 as of 07:23 a.m. EST on trading volume that dropped 6% to $100 million, according to CoinGecko .  Simon’s Cat Price Gearing Up Towards A Bullish Trend Reversal The Simon’s Cat price went through a markup phase from October 20, as the bulls capitalized on the $0.00002318 support level to propel the token. However, CAT experienced some resistance around $0.00004464, which allowed the price of Simon’s Cat to plunge, forming a rounding top pattern. The Simon Cat price now seems to have invalidated the rounding top pattern, with CAT rebounding from the $0.00002688 support level. CAT still trades below both the 50-day and 200-day Simple Moving Averages (SMAs), as the trend coincides with the recent price retrace. The 200-day SMA now acts as the next immediate resistance at $0.000033019. Furthermore, the Relative Strength Index (RSI) seems to be rebounding from the current neutral zone at 44, a confirmation of t
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The Role of NFTs in Digital Identity

Non-fungible tokens (NFTs) are revolutionizing digital identity by providing secure and verifiable representations of individuals online. Unlike traditional identifiers, NFTs leverage blockchain technology to create unique, immutable records that enhance privacy and security. By minting NFTs that encapsulate verified personal information—such as educational qualifications, professional achievements, or artistic works—individuals can establish a trusted digital identity. This allows users to control their own data, sharing it selectively and mitigating risks associated with data breaches and identity theft. NFTs also facilitate the creation of dynamic digital portfolios, where individuals can showcase their skills and experiences. This is particularly beneficial for freelancers, artists, and professionals seeking to enhance their credibility and visibility in their respective fields. Additionally, NFTs can function as access tokens, granting holders special privileges or access to exclu
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Trader Says Cardano Mirroring 2020-Style Price Action, Suggests ADA on Cusp of ‘Pump’ – Here’s His Outlook

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Cryptocurrency analyst and trader Ali Martinez is leaning bullish on Cardano (ADA) amid a bounce in the market. Martinez tells his 76,100 followers on the social media platform X that Cardano is currently “following a similar pattern to 2020” where it went up by approximately 4,095% in around 343 days. “If history repeats, we might see a pump around November 18th — about two weeks after the US elections — and a potential market top by September 2025.” Source: ali_charts/X Cardano is trading at $0.355 at time of writing. Next up is Bitcoin (BTC). Martinez says that based on the Market Value to Realized Value (MVRV) pricing bands, Bitcoin could appreciate by around 16% from the current level over the short term. The MVRV is a ratio used to determine whether Bitcoin at any given time is undervalued or overvalued. The MVRV pricing bands use standard deviations to signal the undervaluation or overvaluation of Bitcoin. A value of 1 standard deviation indicates a neu
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Ripple Price Prediction for Today, October 30 – XRP Technical Analysis

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The Ripple price prediction shows that XRP may exceed the 9-day and 21-day moving averages to hit the resistance level of $0.550. Ripple Prediction Statistics Data: Ripple price now – $0.522 Ripple market cap – $29.67 billion Ripple circulating supply – 56.81 billion Ripple total supply – 99.99 billion Ripple Coinmarketcap ranking – #7 Ripple (XRP) has demonstrated remarkable price evolution since its inception, particularly for early investors. Starting at an all-time low of $0.002802 on July 4, 2014, it has surged by an impressive 18,611.14%, showcasing the potential for significant returns. Although it peaked at $3.84 on January 4, 2018, and is currently trading between $0.5196 and $0.5284, representing a decline of about 86.35% from that high, XRP’s long-term growth highlights the opportunities available for those who engage early with promising crypto projects. XRP/USD Market Key Levels: Resistance levels: $0.600, $0.620, $0.640 Support levels: $0.450, $0.430, $0.410
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VeChain: Can VET Reclaim Its All-Time High If Bitcoin Hits 80,000?

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The cryptocurrency market is picking up, with Bitcoin (BTC) reclaiming the $72,000 mark. While other mainstream assets follow BTC’s trajectory, VeChain (VET) seems to struggle to gain momentum. Source: CoinGecko VET’s price is down 0.8% in the daily charts, 2% in the weekly charts, 3.1% in the 14-day charts, and 12.4% over the previous month. Despite the dip, however, it has been up 17.1% since late October 2024. Also Read: Shiba Inu: By When Can You Turn $1000 Of SHIB To $500,000? Why Is VeChain Struggling While Bitcoin Is Rallying? VET investors may be looking at other opportunities to make profits. Based on the upcoming US Presidential election, BTC’s latest rally is likely fuelled by market participants taking positions. Many predict a market-wide rally if Donald Trump wins the election, with BTC taking center stage. Market participants and investors may be weary about VET’s future performance and uncertain about how the asset will perform over the next few months. Will The Asset R
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Intel: INTC Expects Steepest Revenue Drop in 5 Quarters Amid AI Struggles

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As the stock still attempts to rebound from underwhelming Q2 earnings data, Intel (INTC) is bracing for its steepest revenue drop in five quarters as it continues to struggle within the AI sector. Despite the booming market, the company has failed to capitalize on its position, with the chipmaker floundering. The company is set to announce its most recent quarterly earnings on October 31st. There is the hope that it would drive interest, but a negative outcome could hinder any attempt at a bounceback for the firm. All eyes are now on Intel CEO Pat Gelsinger to orchestrate a plan to drive competition once again. Source: Business Insider Also Read: Intel: Is Quantum Computing Key to an INTC Comeback? Intel Struggles Continue as INTC Poised for Massive Revenue Drop The last two years have seen the stock market’s information technology sector thoroughly embrace AI. With the meteoric rise of OpenAI’s generative chatbot, ChatGPT, demand for the tech has skyrocketed. Moreover, its potential a
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