Digital Asset Inflows Surge to Record Highs
The digital asset market is witnessing unprecedented growth, with weekly inflows hitting an all-time high of $2.2 billion.
This milestone brings the year-to-date (YTD) total to a staggering $33.5 billion, surpassing all previous records and signaling strong investor confidence in the sector.
Key Highlights:
Total Assets Under Management (AuM):
The overall AuM for digital assets has reached a historic high of $138 billion, reflecting both price appreciation and sustained inflows.
Bitcoin ($BTC ):
Bitcoin continues to dominate the market, attracting $1.48 billion in inflows over the past week alone.
Notably, $49 million of these inflows were directed into short Bitcoin products, suggesting some investors are hedging against potential price fluctuations.
Ethereum ($ETH ):
After a period of subdued interest, Ethereum has rebounded strongly, with inflows totaling $646 million this week.
This resurgence indicates renewed enthusiasm for the leading smart contract platform.
#SOLWatch 🚀 Solana (SOL) Surge: Will the Rally Continue or Will a Correction Hit? 📉
Solana ($SOL ) has recently surged past $230 USDT, driven by positive market sentiment and increasing institutional interest. But as the price continues to climb, experts remain divided on the future of this bullish trend.
Bullish Outlook: Will SOL Reach $290? 💰
Some analysts are optimistic about Solana’s (SOL) future, predicting that it could keep rising, with a potential target price of $290 in the near term. This optimism stems from SOL’s resilience, as it continues to perform well alongside Bitcoin (BTC), maintaining a positive funding rate that signals bullish sentiment among traders. With solid support from institutional interest, SOL could continue its upward trajectory.
Caution Ahead: Is a Market Correction Imminent? ⚠️
However, not all analysts are convinced that the rally will continue without a pause. Some experts foresee a possible market correction, with SOL potentially dipping to $70–$80 in the near future, due to broader market volatility. They suggest that this pullback may be a temporary phase, with a rebound expected in early 2025, creating an opportunity for long-term investors to buy at lower prices.
What Should Investors Do?
The outlook for Solana (SOL) is currently mixed. While some are eyeing continued growth, others are preparing for a potential dip. Key support and resistance levels will be crucial in determining the future price direction of SOL. As a crypto investor, it’s important to stay informed and monitor the market closely.
Key Takeaways:
Bullish sentiment: Some predict a surge towards $290.Potential correction: Experts warn of a pullback to $70–$80 before a rebound.Watch market trends: Monitoring support/resistance levels will be critical to understanding the future of SOL.
📊 Stay updated and make your move wisely!
🌟 Top 4 Low-Cap Crypto Gems with Huge Potential This Season 🌟
Here are 4 low-cap cryptos poised to shine this season – each with unique strengths to transform the industry. 🚀
1. CELL - Revolutionizing Decentralized Cloud Computing
CELL is a trailblazer in decentralized cloud storage, offering scalable, secure, and cost-effective solutions for Web3 developers.
Why $CELL?
• Disrupting traditional cloud services.
• High utility in Web3 infrastructure.
• Partnerships with leading blockchain projects.
2. $OZONE - Transforming Web3 Development
Ozone Technologies is changing the game with its cloud-based platform, enabling the creation of games, metaverses, virtual lives, and platforms with unmatched speed and efficiency.
Why $OZONE?
• Creates Web3 worlds and apps seamlessly.
• Tools that accelerate development.
• Platform for game developers, metaverse creators, and innovators.
3. $XOR - Building Decentralized Sovereignty
SORA Network’s XOR token is a DeFi powerhouse, enabling liquidity pools and decentralized exchanges with a unique governance model.
Why $XOR?
• Cutting-edge DeFi technology.
• Unique governance and liquidity approach.
• Strong development roadmap.
4. MINTLAYER - Tokenizing Financial Assets
Mintlayer is paving the way for bringing financial assets to the blockchain, with scalable tokenization and integration with Bitcoin sidechains.
Why MINTLAYER?
• Focus on asset tokenization.
• Scalability and security.
• Bridging traditional finance and blockchain.
💡 Final Thoughts:
From Ozone Technologies’ Web3 builder to CELL’s cloud solutions, these projects show immense promise. Do your own research and assess risks before investing in these gems.
🔗 Which one excites you the most? Share below! 👇
#lowcapgems #ozonemetaverse #altseason #mintlayer #cryptofinder
#BinancePoolFractalBitcoin 🚨 Binance Pool Now Supports Merged Mining for Fractal Bitcoin (FB)! 🚨
📣 BIG NEWS for Crypto Miners! Binance Pool has just announced merged mining support for Fractal Bitcoin (FB)! This could be a game-changer for those looking to maximize their mining efforts. Here's what you need to know:
🔧 What is Merged Mining?
Merged mining allows miners to mine multiple cryptocurrencies simultaneously using the same computational resources. This means you can mine Bitcoin (BTC) and Fractal Bitcoin (FB) together, without sacrificing performance or additional hardware!
💡 Why is this Important?
Increased Efficiency: Now you can earn rewards for mining FB while mining BTC on the same hardware.Diversified Profits: This gives miners an opportunity to tap into another cryptocurrency without the need for additional investments.Support for FB: This new mining integration boosts the Fractal Bitcoin (FB) ecosystem, expanding its adoption and making it more accessible to miners worldwide.
🚀 What’s Next for FB?
With Binance Pool backing FB, it’s expected to see a boost in its mining hashrate and potential price action in the future.As more miners join the network, Fractal Bitcoin (FB) may become a more valuable asset in the crypto space.
📊 What Should Miners Do?
Update Your Setup: Make sure you’ve linked your mining hardware to Binance Pool and activated FB merged mining to start earning extra rewards.Monitor the Market: As more miners jump in, keep an eye on how FB performs in the market.
🔥 Get ready for a new wave in mining with this exciting development from Binance Pool. Maximize your earnings and be part of this new mining revolution!
Community Rewards - October 🎉
This month the recipients are @Slappjakke, @512M_AG, @kevin_soell, @rualigator_defi and @lurkaroundfind
In total, 3'500 #LQTY will be awarded, paid out in #ETH.
Thank you, sers!
Check their contributions below.
⚡️ @Bonk_Inu has announced the launch of a 1T $BONK burning campaign
Bonk Inu kicks off BURNmas, the campaign that features BONK burns based on specific engagement criteria. Users will be able to increase burned #BONK amount by publishing Twitter (X) posts using #LetsBONK, and subscribing to IG, Tiktok, & Youtube, among many others activities. The initiative is live and will last until December 24th, 12:01 AM UTC.
👉
SUI has surged significantly in price this month, climbing to new all-time highs over the weekend.
The altcoin, which has gained 105% in the past two weeks, is now considered a standout performer in the crypto market. Currently trading just below its peak, SUI shows strong potential for further gains.
SUI Is a Good Bet
Analyst Michael Van de Poppe recently labeled SUI as the “best thing to buy” during Bitcoin’s correction phase. The altcoin’s popularity among traders is evident, with SUI trending across major platforms. Open Interest (OI) in SUI futures has also reached an all-time high of $826 million, underlining heightened demand and investor confidence.
The increasing capital flow into SUI reflects broader market enthusiasm. Traders are viewing it as a reliable option amid fluctuations in larger cryptocurrencies like Bitcoin. This surge in attention has amplified SUI’s visibility, making it a focal point for both retail and institutional investors.#DEXXBreach #USDebt36Trillion #BONKBURNmas
Five Protocols of Solana Break Record Amid Meme Coin Craze
Turn Your $100 USDT into $3,000 USDT, Confirmed 30X Profit from AIG #MEME Token. 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30. Pre-Sale Is Live, Join the Pre-sale and Airdrop at the Official Website ➯PlayAiGames.online
Solana-based apps record high fees and revenue activity following the meme coin craze.
Raydium, an automatic market marker on Solana, recorded nearly $11.31M in fees.
The fee surge spiked SOL to a new ATH, crossing $240, its highest since November 2021.
The Solana blockchain witnessed a series of developments in the market, largely driven by a surge in meme coin trading. On Sunday, Solana’s native cryptocurrency, $SOL, witnessed an uptick in fees and revenue, fueled by the growing popularity of meme coins.
According to data from DeFiLlama, five of the top ten protocols by fees over the last 24 hours were based on Solana which shows the network’s development in the decentralized finance (DeFi) sector.
Automatic market maker Raydium made a record $11.31 million, followed by the liquid staking protocol Jito at $9.87 million.
Further, Telegram Bot Photon came in the seventh spot with a record fee of $2.36 million, while Pump.fun, the meme coin launchpad witnessed $1.65M. These figures reflect the demand of traders for meme coins, thereby highlighting its activity in the blockchain.
Earlier this month, meme coins on the SOL platform, WIF, POPCAT, and BONK attracted traders. Further, PNUT emerged as the leading gainer of the week, with increased activity over the last seven days.
As traders seek more profits, BONK, a prominent meme coin, surged by 30% to reach a new record high and may very well hit $1 by year-end.
The list of meme coins in Solana is incomplete without Dogwifhat (WIF), the largest meme coin on the chain. Following its listing on Coinbase,
#Solana #SOL #Altcoins #CryptoNews
Google search interest in XRP is now at an all-time high, coinciding with the asset’s spectacular price surge to three-year highs.
According to data from Google Trends, the search interest for XRP reached a peak popularity score of 100 on November 16. Just eight days earlier, however, search interest was at a mere 8, indicating a lack of public enthusiasm for the token.
Over the past year, search interest in XRP has been relatively low, with scores hovering below 27 since November 2023. However, in a sudden shift, the trend reversed, and public interest in XRP skyrocketed between November 15 and 16, reaching an all-time high.
The last time a comparable spike in search interest occurred for XRP was between April 11 and 17, 2021, when XRP reached a cycle peak of $1.96.
#XRP #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewss
Gunzilla Games unveils Off The Grid all-stars streamers tournament
Gunzilla Games' #OffTheGrid introduces an all-stars streamers tournament, where the top 60 North American streamers will compete for a $600k prize pool. The tournament will take place on November 20th at 20:00 UTC.
#GunzillaGames , founded in 2020, is an independent game studio focused on creating next-generation gaming experiences by leveraging advanced technology. It has raised $76M in two funding rounds backed by Morningstar Ventures, CoinFund, Blizzard Fund, Republic Capital and others.
👉 x.com/playoffthegrid/status/1857144826220904676
🔥🔥🔥 #Shibalnu Corrects After Golden Cross: Key Support Levels in Focus
Shiba Inu's recent golden cross sparked market excitement, but a subsequent retracement has turned traders' attention to key support levels.
Despite earlier bullish signals, SHIB's price action has been notably volatile in recent days.
“Following the golden cross, trading volume surged,” observed a COINOTAG analyst, reflecting the market's fluctuating sentiment.
Shiba Inu’s Golden Cross: A Key Indicator in Play
- In crypto trading, a golden cross—when the 50-day moving average crosses above the 200-day moving average—is widely seen as a bullish signal, often suggesting potential upward movement and drawing investor interest. Recently, SHIB/USD formed this pattern, fueling market optimism.
- However, hopes around this technical signal were quickly tempered by a sharp correction. After reaching a high of $0.00002622, Shiba Inu’s price dropped to $0.00002553, marking a 4.07% dip within 24 hours. This swift downturn has prompted many traders to reassess their strategies amid the ongoing market volatility.
#CryptoNewsCommunity #BinanceSquareTrends
XRP saw its highest weekly close in three years as bullish momentum swells in the XRP Ledger ecosystem.
Amid a broader market consolidation after a bullish outbreak, which saw Bitcoin break the $93,000 price, XRP defied the prevailing momentum. The sixth-largest cryptocurrency by market cap surged a whopping 105% in the past seven days to finally cross $1.
XRP’s bullish upswing also ensured it overtook Dogecoin in the crypto rankings after a price upsurge from the meme coin saw it trump the asset earlier in the month. Notably, XRP now trades at a market cap above $65 billion, its largest in three years.
#XRP #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA