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  • Bitcoin’s surge to $104K liquidates nearly $400M in short bets

    Bitcoin’s surge to $104K liquidates nearly $400M in short bets

    Crypto news today: Bitcoin pushes past $102K as record ETF flows, trade news fuel rally

    • Bitcoin surged over 3% in 24 hours, topping $104,000 (highest since Jan 31).
    • Nearly $400 million in bearish BTC short positions were liquidated in 24 hours (highest since Nov).
    • The significant short squeeze suggests potential for further upside as bearish pressure eases.

    Bitcoin experienced a powerful upward surge in the last 24 hours, decisively breaking above key psychological levels and catching many bearish traders off guard, leading to substantial liquidations of short positions.

    The rally was underpinned by positive macroeconomic news and continued strong institutional interest in the leading cryptocurrency.

    The price of Bitcoin (BTC) climbed over 3% within a 24-hour period, trading around $102,500 and at one point surpassing the $104,000 mark – its highest level since January 31.

    This bullish momentum was not confined to Bitcoin; the broader cryptocurrency market also rallied significantly.

    The total market capitalization of all cryptocurrencies, excluding Bitcoin, surged by an impressive 10% to reach $1.14 trillion, a peak not seen since March 6, according to data from TradingView.

    Two key catalysts appear to have fueled this sharp upswing.

    Firstly, President Donald Trump announced a comprehensive trade deal had been reached with the United Kingdom, a development that generally boosts risk appetite in global markets.

    Secondly, cumulative inflows into US-listed spot Bitcoin exchange-traded funds (ETFs) reportedly hit a new record high, surpassing $40 billion, signaling sustained and growing institutional demand for direct Bitcoin exposure.

    Bearish bets decimated in short squeeze

    This rapid and strong price appreciation triggered a significant “short squeeze,” where traders who had bet on Bitcoin’s price falling were forced to close their positions at a loss as the market moved against them.

    According to data from Coinglass, nearly $400 million worth of bearish BTC short positions were liquidated over the past 24 hours.

    This represents the highest single-day total for short liquidations since at least November.

    A position is liquidated, or forcibly closed by an exchange, when adverse price movements cause a leveraged trader’s account balance to fall below the required margin level, preventing further losses.

    In contrast, a relatively modest $22 million in bullish long positions were wiped out during the same period.

    Implications of the imbalance: more upside ahead?

    The substantial imbalance between short and long liquidations provides a telling insight into recent market positioning.

    It indicates that leverage was heavily skewed towards the bearish side, meaning many traders were anticipating or positioned for a price decline.

    The rapid unwinding of these short positions, as traders were forced to buy Bitcoin to cover their losses, likely exacerbated the upward price movement.

    Market analysts often view such a significant liquidation of shorts as a potentially bullish signal for the near term.

    It suggests that a considerable amount of selling pressure has been removed from the market, potentially clearing the path for further price gains as the prevailing sentiment shifts and buyers gain more control.

    The combination of positive external catalysts and the internal market dynamics of a short squeeze could set the stage for continued upward momentum for Bitcoin and the broader crypto market.

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  • Bitcoin dominance rises, Solana prepares a surge as CartelFi surges

    Bitcoin dominance rises, Solana prepares a surge as CartelFi surges

    Bitcoin’s dominance is undeniable with CMC’s altcoin season index substantiating the Bitcoin season at a level of 21. However, meme coins are making a comeback and investors are on the lookout for fresh projects promising hefty returns from little investments. The attention is particularly on new entrants whose foundation is more than just a viral joke. 

    One such meme crypto is CartelFi. It enables investors to earn passive income without compromising on the asset’s upside potential. 

    What’s more, even before the highly anticipated launch in Q3, early adopters are already earning big during its presale. With every 3-day stage, CARTFI token price surges by 5%. By the end of the 90-days period, the project will have transformed several retail investors into crypto millionaires.    

    Bitcoin price analysis: Neutral market sentiment creates hurdle on the path to $100,000

    A surge in institutional demand bolstered the bitcoin price to a two-month high on Friday. However, it has since pulled back as investors remain concerned over US-China trade tensions and the persistent macroeconomic uncertainties. Compared to last week’s greed level of 63, the crypto fear & greed index is at a neutral zone of 53.

    Data released by SoSoValue showed that only one out of the top 12 US BTC spot ETFs recorded daily net inflow on Friday. BlackRock’s IBIT recorded $674.91 million in the day’s net inflows while the other leading ETFs reported zero flows. 

    In the immediate term, the bulls are keen on defending the support at $96,050. Success at bouncing off that support level will avail a chance to break the resistance at $97,797 with the next target being the psychologically crucial zone of $100,000. On the flip side, a further pullback would have the bears eyeing $92,745.

     

    CartelFi rewards early adopters during the presale and beyond 

    CartelFi hit the ground running, raising over $500,000 in the first 24 hours of its presale. Notably, it has maintained the upside momentum despite the external chaos that have impacted the broader crypto market. 

    Less than 4 weeks into its launch, it has raised over $1.5 million. What started at a token price of $0.0251 is currently at $0.0408; rising by 5% every 72-hours stage.

    In addition to the opportunity to earn hefty cumulative gains during the presale, the project’s attractiveness has been enhanced by its concept of yield farming. Under the current DeFi structure, meme coins “lie idle” in between rallies. To enjoy yields, an investor would have to sell some tokens; missing out on a potential rally.

    CartelFi is solving this inefficiency by having an investor’s preferred meme coins work for them. Subsequently, one enjoys yields of upto 10,000% while still retaining the asset’s speculative upside. 

    Additionally, CartelFi’s programmed scarcity enhances its attractiveness and growth potential. 100% of the fees generated by the platform once users deposit their meme coins are used to buy back and burn CARTFI tokens. This ensures that the total supply remains low; sustaining its upside momentum. Find out how to buy CartelFi here.

    Solana price readies for a rally with a key bullish pattern underway

    Solana price has been hovering around the crucial zone of $150 for over a week after rebounding from the 14-month low hit in early April. While the sentiment in the broader crypto market has improved, investors are still concerned about Trump’s aggressive tariffs and their impact on the economy. 

    Even so, as meme coins make a comeback, Solana is set to benefit big from its positioning in the DeFi space. Subsequently, Solana price may continue to enjoy solid support at $140.

    Indeed, this has become a point of convergence for the 25 and 50-day EMAs; signaling the formation of a bullish golden cross pattern. On the upside, $160 remains a resistance level worth watching. 

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  • AERGO price falls 12%, defies broader crypto surge

    AERGO price falls 12%, defies broader crypto surge

    • Aergo price has dived 12% as Bitcoin and top altcoins rally.
    • The AERGO token falls amid profit-taking after a staggering 300% surge.
    • Bears could eye levels below $0.20.

    Aergo price has dipped further as profit-taking holds, with the altcoin declining even as most altcoins rose in the past 24 hours.

    These losses come after a staggering 300% surge for AERGO seen earlier this month. The token has nosedived despite a major network update.

    “With AERGO 2.7.0, smart contract verification enters a new era. By embedding AI-powered auditing directly into the platform, AERGO ensures contracts are not only deployed faster but with greater confidence in their security and integrity,” the Aergo team wrote.

    The AERGO price action today

    As of April 23, 2025, the price of AERGO hovered near $0.21, down 12% per data from CoinMarketCap.

    The decline comes amid heightened volatility, with the token’s meteoric rise having given way to massive selling pressure.

    Notably, like other recent explosive tokens such as VOXEL, Aergo has seen a significant spike in concerns over potential market manipulation.

    Analysts have also pointed to potential insider selling, a 44% drop in a single day recently exacerbating the concerns.

    Market analyst Ash Crypto shared in a post on X:

    As AERGO price falls, altcoins such as Deepbook, Zerebro, and Sui have surged in the past 24 hours.

    ETH, XRP, and SOL have led the mega cap alts higher also.

    The upside follows Bitcoin (BTC) edging past key resistance levels to regain $94k.

    BTC’s surge comes amid a weaker US dollar and strong institutional buying, with news on tariffs and other factors catalysing gains.

    Spot Bitcoin exchange-traded funds have also shown strong institutional demand, aligning inflows with Bitcoin’s resilience.

    This means AERGO’s pullback stands out, including the 10% decrease in daily volume.

    AERGO price analysis

    Despite today’s dip, AERGO remained up 222% in the past month, reflecting the recent strength of the altcoin’s surge.

    However, AERGO’s price action reflects a classic post-pump correction.

    After surging to an all-time high near $0.70 on April 16, driven by Binance’s perpetual contracts and DigiFinex’s USDT trading pair listing, the token faced intense selling pressure.

    It means bulls have a lot to do to reclaim recent peaks.

    On the upside, AERGO faces resistance at $0.23 and $0.28, with a break above potentially targeting $0.42.

    The flipside has a dip below $0.20 and a retest of $0.16 and $0.12.

    If Bitcoin sustains its rally and altcoin sentiment continues to be positive, it will be interesting to watch what AERGO does. Will bulls rebound, or are concerns set to push prices lower?

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  • Ethereum ETFs inflows surge as Bitcoin ETFs see major outflows

    Ethereum ETFs inflows surge as Bitcoin ETFs see major outflows

    Ethereum ETFs inflows surge while Bitcoin ETFs see major outflows
    • Ethereum ETFs inflows are outdoing Bitcoin ETF inflows.
    • BlackRock’s iShares Ethereum Trust (ETHA) ETF leads with a $89.51M inflow on Dec 23, 2024.
    • This Market shift may signal an altcoin season in 2025.

    In a surprising turn of events in the cryptocurrency market, Ethereum spot ETFs have been experiencing significant inflows, overshadowing the outflows noted in Bitcoin ETFs.

    On December 23, 2024, Ethereum ETFs recorded a net inflow of $130.8 million, with BlackRock’s iShares Ethereum Trust (ETHA) ETF leading with $89.50 million and Fidelity’s Ethereum ETF (FETH) adding $46.40 million according to Coinglass data. In stark contrast, Bitcoin ETFs saw outflows totalling $226.50 million on the same day.

    This trend has been consistent over recent weeks. For instance, on December 12, Ethereum spot ETFs had a cumulative net inflow of $273.70 million, continuing their streak of 14 consecutive days with positive inflows. BlackRock’s ETHA ETF alone saw a single-day net inflow of $202.30 million, while Grayscale’s Ethereum ETF (ETH) contributed $73.20 million.

    Ethereum ETFs inflows
    Source: Coinglass
    Bitcoin ETFs inflows
    Source: Coinglass

    The shift signals a possible start of an altcoin season

    Bitcoin ETFs, despite having higher trading volumes, have been facing outflows, suggesting a possible shift in investor sentiment towards Ethereum.

    Market analysts speculate that this could signal the onset of an ‘altcoin season’, where investors might be diversifying their portfolios beyond Bitcoin, with ETH leading the pack.

    This shift in investment flow is particularly notable as it comes at a time when Bitcoin has been dominating headlines with its price performance, reaching over $108,000 earlier in December.

    The underlying reasons for this trend might include Ethereum’s growing ecosystem, particularly in decentralized finance (DeFi) and non-fungible tokens (NFTs), which could be attracting investors looking for dynamic growth opportunities.

    Additionally, the regulatory environment under the incoming administration might be perceived as more favourable for Ethereum, given its broader use-case applications beyond just being a store of value like Bitcoin.

    This development raises questions about the future direction of crypto investments. While Bitcoin has long been the bellwether of the crypto market, Ethereum’s recent performance in the ETF space might hint at a rebalancing of investor interest, potentially leading to more balanced growth across different cryptocurrencies in 2025.

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  • Bitcoin steadies at $68k, meme coins surge as focus shifts to Poodlana

    Bitcoin steadies at $68k, meme coins surge as focus shifts to Poodlana

    Bitcoin price has recorded its second week of consecutive gains; ending the week steady above the resistance-turn-support zone of 68,000. On Friday, it hit a level last recorded in late July after rallying by 17% in about a week. At the time of writing, BTC was trading at $68,440.47. 

    Risk-on sentiment continues

    The risk-on mood that has increased the attractiveness of bitcoin and other cryptocurrencies in recent sessions is also observable in the US stock market. In fact, the Dow Jones Industrial Average index and S&P 500 both ended the week at a fresh record high. At the same time, Nasdaq 100 held steady above $20,000 as the bulls eyed the all0time high reached in mid-July 2024 at $20,702. 

    Signs of a resilient US economy have contributed to the rallying in the cryptocurrency market and the overall risk-on mood. Recent data, including September’s jobs report and retail sales came in better than expected. The resultant surge in consumer confidence has seen the US dollar record three consecutive weeks of gains. On Thursday, it extended gains to a level last hit in early August before slightly pulling back on Friday. 

    Additionally, rate cuts by the Federal Reserve have contributed to the positive market sentiment. As seen on CoinMarketCap, the fear and greed index is at a greed level of 60 after being at a neutral of 46 in the past week. During its September meeting, the US central bank cut interest rates by 50 basis points; the first in four years. Notably, an environment of lower interest rates tends to attract investors to riskier assets like cryptocurrencies. 

    US election and Bitcoin ETF inflows

    Markets are now keen on the next Fed meeting on 7th November, just two days after the closely watched US elections. In addition to the anticipated rate cut of 25 basis points, a Trump win will likely yield further gains for cryptos. 

    The presidential candidate not only owns a crypto venture but he has also openly held a pro-crypto stand. According to Polymarket, Trump’s chances of winning the elections are at 59.9% against Kamala Harris’ 40.1%. This forecast already has more traders investing in the crypto market with elections in the horizon. 

    To top it off, Bitcoin ETF inflows are on the rise. According to SoSoValue, the daily total net inflow was $273.71 million as at 18th October. Cumulatively, the net inflows year-to-date are $20.94 billion. 

    Poodlana token could stage a comeback

    As is often the case, meme coins are moving in tandem with Bitcoin’s price movement; creating irresistible opportunities for savvy investors. As seen on CoinGecko, the meme market cap is at $63 billion, up by 0.3% over a span of 24 hours. Over the past 7 days, meme coins like Dogecoin, Floki, Bonk, Cats in a dogs world, and BOOK OF MEME have risen by 28.1%, 12.3%, 8.0%, 25.5%, and 19.7% respectively. 

    Poodlana, a newly launched cryptocurrency built on the Solana network, stands out for meme coin enthusiasts as well as fashion-centric investors. Its appeal is largely founded on the Solana blockchain’s principle of cost efficiency as well as its link to the luxury fashion industry. More to that, its recent decline has created an ideal buy for investors scouting for cheaper options.

    The altcoin has dropped to a record low of $0.003167 as at the time of writing. Notably, a decline in price following a successful ICO is common as the early adopters sell their holdings for an easy and fast profit. With POODL, this was especially expected as the lack of a vesting period meant investors could sell their tokens immediately the meme coin hit public shelves. 

    As Bitcoin ETF inflows surge, an increase in BTC demand by both retail and institutional investors is set to trickle to altcoins like Poodlana. 

    Besides, geopolitical tensions in the Middle East and caution over the economic stability in the US and China, and globally, will further attract investors to Bitcoin as a safe haven. Additional rallying of the top crypto by means of its market cap is expected to yield a rebound in alternative cryptocurrencies like Poodlana.  You can lean more about Poodlana here.

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  • Bitcoin Dogs (0DOG) price prediction: a potential surge in ‘Uptober’

    Bitcoin Dogs (0DOG) price prediction: a potential surge in ‘Uptober’

    Bitcoin Dogs (0DOG) price prediction: a potential surge in ‘Uptober’
    • October, known as “Uptober,” historically boosts Bitcoin prices significantly.
    • Bitcoin Dogs (0DOG) could surge alongside BTC, with predictions of 100X growth.
    • Upcoming catalysts include a Telegram game and NFT collection driving demand.

    As October unfolds, the cryptocurrency market is buzzing with excitement, and Bitcoin Dogs (0DOG) is emerging as a prominent player in this landscape.

    Historically known as “Uptober,” this month has seen Bitcoin (BTC) experience significant gains, averaging around 22% in previous years. Analysts are optimistic that Bitcoin Dogs, as a leading beta play in this market, will follow suit and deliver impressive returns for investors.

    Historical context and macro conditions

    Bitcoin’s average performance through October indicates a strong likelihood of hitting $73,000 before the month’s end.

    Coupled with China’s stimulating economic measures and expectations of a 50 basis point cut in interest rates from the Federal Reserve, conditions appear ripe for risk assets, including cryptocurrencies.

    In addition, recent geopolitical tensions in the Middle East, particularly with missile launches from Iran, have introduced volatility into the markets.

    Historically, such events often present opportunities for savvy investors, as they tend to buy at depressed price levels. The current environment probably presents a last chance to acquire Bitcoin Dogs before potential price surges as market sentiment shifts.

    The case for Bitcoin Dogs (0DOG)

    Bitcoin Dogs is attracting significant attention due to its positioning within the Bitcoin ecosystem. As the first ICO launched on BTC, 0DOG offers investors a unique opportunity to participate in a historic event that could mirror the early days of Bitcoin itself. The token is a BRC-20 token, meaning it is soft-pegged to Bitcoin’s price and typically moves in tandem with the leading cryptocurrency.

    Analysts are excited about Bitcoin Dogs not just because of its price potential but also due to upcoming catalysts. The community eagerly anticipates the launch of a Telegram game, along with an NFT collection.

    There is a growing trend in demand for Telegram games, and if Bitcoin Dogs’ offering gains traction, it could quickly elevate the token into the top 100 cryptocurrencies by market cap.

    0DOG price predictions for Q4 2024

    Bitcoin Dogs (0DOG) is currently trading at $0.007064, reflecting a 2.8% increase in the last 24 hours. With a 24-hour trading range of $0.006616 to $0.007354, the token has shown resilience amidst broader market fluctuations.

    Looking forward to Q4 2024, analysts predict that 0DOG could see a price range between $0.76 and $1.12. This upper estimate represents a staggering 100X increase from its current market cap, underscoring the potential for explosive growth. The key drivers behind this optimism include the anticipated performance of Bitcoin itself, with forecasts suggesting that BTC could smash past $74,000.

    As liquidity conditions improve and the broader crypto market begins to climb, the fear of missing out (FOMO) among investors will likely kick in, paving the way for another altcoin mania. Being a part of the leading meme coin network, Bitcoin Dogs stands to benefit significantly from this momentum.

    Conclusion

    The narrative surrounding Bitcoin Dogs is compelling, particularly as Uptober has historically proven to be one of the best months for Bitcoin.

    With analysts expecting significant gains in BTC, 0DOG is poised to capitalize on this upward trend. Investors looking for leveraged returns on Bitcoin would do well to consider acquiring 0DOG during this pivotal month.

    If interested in 0DOG, you can visit the official Bitcoin Dogs website to learn more.

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  • WIF, PEPE, and SEI shine as cryptocurrencies surge

    WIF, PEPE, and SEI shine as cryptocurrencies surge

    Dogwifhat piece rebound and DTX token presale catch investors’ attention
    • WIF, PEPE and SEI were among top performing altcoins as Bitcoin surged to above $63,800 on Sept. 19.
    • These gains followed US Federal Reserve’s 0.5% interest rate cut.
    • Analyst says WIF could outpace market in coming weeks.

    Meme coins dogwifhat (WIF) and Pepe (PEPE), as well as layer 1 blockchain Sei (SEI) are among the top gainers in the past 24 hours as several altcoins record their best performances for a while.

    SEI was up 19%, WIF 17% and PEPE 12% as crypto rose amid Bitcoin’s surge to above $63,000 on Thursday.

    According to data from CoinGecko, SEI price reached highs of $0.35 as its volume jumped 224% to over $345 million. Meanwhile, WIF traded to $1.81 across major exchanges, notching an intraday volume of over $717 million with a 24-hour increase of 109% at the time of writing.

    Popcat (POPCAT), which has rallied since Kraken announced spot trading support, continued to outpace all other top 100 coins by market cap. However, meme coin Pepe also recorded decent gains to rank among best performers on the day. PEPE price jumped more than 12% to hit levels last seen on Aug. 28.

    According to crypto analyst RookieXBT, dogwifhat price has the potential to pare losses seen during its recent downtrend within weeks. Notably, the analyst also sees further gains for POPCAT.

    Crypto spikes after Fed interest rate cut

    Most of the coins seeing significant gains in the past 24 hours are registering the upside after the market reacted upward to the US Federal Reserve’s interest rate cut on Sept. 18. After four years, the Fed slashed interest rates by 50 basis points on Wednesday.

    Bitcoin price rocketed after the decision, with BTC first breaking above $60k to bolster overall sentiment. Prices retested resistance around $62.2k before a slight dip – then roared back to above $63.8k.

    Solana (SOL) broke above $143 with over 10% gains, while altcoins such as Sui, Aptos, Bittensor and Avalanche recorded more than 12% respectively.

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  • Bernstein analysts predict Bitcoin surge to $90k if Trump wins

    Bernstein analysts predict Bitcoin surge to $90k if Trump wins

    • Bitcoin could surge to highs of $90k if former US president Donald Trump wins the next election in November, analysts at brokerage and research firm Bernstein predict.
    • Analysts at the brokerage shared the prediction in a note to clients on September 9.

    Bernstein says a “Trump trade”, as they referred to a potential win for the Republican candidate, could see the flagship digital asset’s value reach a new all-time high.

    Gautam Chhugani, Sanskar Chindalia and Mahika Sapra shared the prediction in a client note published on Sept. 9. Per the analysts, Bitcoin price could climb to the $80,000-$90,000 level by the end of the year if Donald Trump wins the upcoming election.

    But while a second term for the former president would herald a positive momentum for BTC, the opposite is likely should US Vice President Kamala Harris win. If the Democratic candidate surmounts the Republican challenge, her win could provide a negative impact for cryptocurrencies, the analysts noted.

    In this case, it’s possible Bitcoin could trade low – price levels in the $40,000 to $30,000 range being the likely primary support area.  

    Currently, most polls have Trump ahead of Harris. Traders on decentralized platform Polymarket are also betting on a Trump win, giving him a 52% chance.

    Meanwhile, Polymarket data suggests Harris has a 47% chance of snatching victory.

    Trump vs. Harris’ crypto approach

    Trump’s more crypto-friendly stance and plans for crypto stand out as a key factor. Notably, the former US president’s approach largely contrasts with that associated with the Harris camp.

    Although the Harris campaign has initiated moves such as the crypto roundtable meetings, the Democratic presidential nominee has not added her voice to the crypto question in her campaign or policy statements.

    Bitcoin price struggles for upside

    Bernstein’s predictions come amid Bitcoin price’s struggles in the $50k-$60k range.

    Massive sell-off pressure, regulatory landscape and overall macro environment have all combined to add to a negative sentiment.

    However, analysts are bullish on crypto in the short term, particularly if Trump wins. This will also feed into the long term picture, which Bernstein has previously predicted could catapult BTC to $200k by end of 2025 and $500k by December 2029.

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  • Grayscale launches investment fund for AVAX Token, fueling market surge

    Grayscale launches investment fund for AVAX Token, fueling market surge

    Grayscale launches investment fund for AVAX Token
    • Grayscale launches Avalanche Trust, offering exclusive AVAX exposure for investors.
    • AVAX price surged to $25.16, with a nearly 9% increase in Avalanche Open Interest.
    • The new fund enhances Grayscale’s portfolio, aligning with its crypto strategy.

    Grayscale Investments, the world’s largest crypto fund manager, has announced the launch of a new investment fund dedicated to Avalanche (AVAX) token.

    Officially unveiled on August 22, the Grayscale Avalanche Trust expands the firm’s suite of over 20 crypto investment products and offers accredited investors a new avenue for exposure to Avalanche’s native cryptocurrency.

    Grayscale Avalanche Trust to provide direct access to AVAX

    Grayscale’s Avalanche Trust is a single-asset investment vehicle that operates similarly to the firm’s existing products, focusing exclusively on AVAX. Unlike Grayscale’s exchange-traded funds, this trust is available only to qualified investors and is not exchange-traded.

    The Avalanche Trust is designed to provide investors with direct access to AVAX, the token that powers Avalanche’s multi-chain smart contract platform. This platform is known for its focus on optimizing scalability, network security, and decentralization, while also facilitating the tokenization of real-world assets (RWA).

    The new fund aligns with Grayscale’s broader strategy to offer innovative investment opportunities within the evolving crypto ecosystem. It adds to Grayscale’s recent expansions, which include trusts for MakerDAO’s MKR token, Bittensor, and Sui.

    With a track record of pioneering crypto investment products, Grayscale continues to cement its position as a leading player in the digital asset space. The launch of the Avalanche Trust highlights the firm’s commitment to broadening access to emerging and impactful developments in the cryptocurrency market.

    AVAX price movements

    The announcement has had a significant impact on the market seeing it came amid other major Avalanche news including Franklin Templeton expanding its blockchain-integrated money market fund to Avalanche.

    The price of AVAX surged to a high of $25.16 before pulling back slightly to around $24.75 at press time.

    Additionally, Avalanche’s Open Interest has seen a nearly 9% increase, reflecting heightened investor interest and enthusiasm.

    Among other developments, the price surge underscores the positive reception of Grayscale’s new fund and its potential to attract substantial capital flows into the AVAX token.

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  • Bitcoin drive crypto market surge; buzz builds around Monero and this emerging memecoin

    Bitcoin drive crypto market surge; buzz builds around Monero and this emerging memecoin

    In the ever-evolving landscape of cryptocurrencies, Bitcoin has again taken centre stage with a surge that has captivated investors worldwide. 

    Alongside this bullish momentum, attention is also turning towards alternative cryptocurrencies like Monero and Rebel Satoshi ($RBLZ), each offering unique features and investment potential. Let’s delve into the latest developments driving excitement in the crypto sphere.

    Bitcoin’s resurgence

    Bitcoin, often regarded as the pioneer and forerunner of the cryptocurrency market, has experienced a remarkable surge in recent days. Surpassing the $63,000 mark for the first time since November 2021, Bitcoin’s price trajectory has reignited optimism among investors. 

    With a nearly 20% increase this week alone, Bitcoin’s resurgence has propelled its price to near its all-time high, tantalizingly close to $68,982.20.

    Monero: privacy champion

    Amidst the Bitcoin frenzy, Monero (XMR) has emerged as a significant player, garnering attention for its emphasis on privacy and anonymity. Launched in 2014, Monero aims to facilitate transactions privately and anonymously, distinguishing itself from other cryptocurrencies like Bitcoin by employing advanced cryptography to obscure senders and recipients.

    Monero’s unique privacy features have positioned it as a leading choice for users seeking enhanced privacy and security in their transactions. By prioritizing privacy and security over ease of use and efficiency, Monero ensures that all users, regardless of their technical proficiency, can engage in transactions without fear of censorship or surveillance. Monero’s commitment to privacy makes it an attractive option for those prioritizing anonymity in their cryptocurrency transactions.

    Rebel Satoshi ($RBLZ)

    In the midst of Bitcoin’s surge and Monero’s privacy-centric approach, Rebel Satoshi ($RBLZ) has emerged as something of a rising star in the crypto space. Rebel Satoshi is generating significant buzz among investors with a presale that has already raised $2.5 million. 

    Built on the Ethereum network, Rebel Satoshi offers a secure investment opportunity backed by audited smart contracts from a top auditing firm, Source Hat. This is why some analysts are predicting it could be the best memecoin right now.

    Why invest in Rebel Satoshi?

    Rebel Satoshi’s commitment to safety, evidenced by the Source Hat audit, has convinced some investors that it is the best cryptocurrency to invest in at the moment. With previous presale rounds selling out quickly and discussions underway for tier 1 centralized exchange (CEX) listings, Rebel Satoshi presents a compelling investment proposition. 

    The community’s active involvement in developing the Rebel Satoshi ecosystem post-launch further adds to its appeal as a top crypto investment to consider.

    The presale has sold out

    The Rebel Satoshi Presale has now sold out with tokens available at the listing price of $0.025 from UniSwap.

    Rebel Satoshi will also go live on CoinStore on March 4, 2024.

    Final thoughts

    As Bitcoin drives the crypto market surge, attention is also turning towards alternative cryptocurrencies like Monero and Rebel Satoshi ($RBLZ). While Monero offers enhanced privacy and anonymity, Rebel Satoshi presents a promising investment opportunity with its upcoming launch and active community involvement. 

    With opportunities abound in the crypto space, investors are encouraged to explore these top crypto options for long-term investment potential. Whether you’re a seasoned investor or a crypto beginner, staying informed about the best cryptocurrency to invest in today can pave the way for a prosperous future.

    For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

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