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Rexas Finance, BlockDAG, and Pepe Unchained holders are diversifying their portfolios by turning to the rapidly growing Rollblock presale. This innovative platform is reshaping the DeFi sector with technology and blockchain-powered transparency. With over 7,000 games and an upcoming sports betting expansion, Rollblock is gaining serious attention.

Rexas Finance Tokenizes Real Estate, Art, and Commodities, Opening RWA Market to All

Rexas Finance is a unique crypto project that connects blockchain with real-world assets (RWA). By fractionalizing and tokenizing assets like property, art, and commodities, Rexas Finance is opening up the $900 trillion RWA market to a broader audience. This innovation makes RXS an asset-backed, utility-driven token with genuine value. Designed with ease of use in mind, Rexas Finance’s platform simplifies blockchain interactions, positioning RXS for widespread adoption and significant growth. 

With Rexas Finance’s forward-thinking and potential for growth, the project is expected to thrive in the next market surge. Currently, investors are buying in at $0.070 and are anticipating value appreciation as the project develops.

BlockDAG Expands Mobile Mining Accessibility

BlockDAG presents the X1 Miner App, the first mobile crypto mining App. Around 200,000 people have downloaded the application to begin mining BlockDAG coins from their phones. This energy-efficient app saves battery life and lets anyone mine without special equipment. 

The X1 app allows both beginners and experienced miners to earn up to 20 BlockDAG per day, offering a sustainable way to grow holdings over time. BlockDAG’s focus on democratizing mining has been a key factor in its rapid expansion, catering to anyone with a smartphone. As BlockDAG approaches the completion of its mainnet, the momentum continues to build, positioning the platform as a community-driven project with strong presale incentives and growth potential.

Meme Coin Enthusiasts Flock to Pepe Unchained for Low-Fee Trading

Pepe Unchained (PEPU) is disrupting the meme coin industry with its streamlined meme coin trading approach. The project launched a Layer-2 network called Pepe Chain to resolve the speed, price, and efficiency problems of meme coin transactions. Pepe Unchained’s fast, low-fee platform is one of a kind and should boost $PEPU’s appeal.

With over $25 million raised in its presale so far and a price of $0.01553, Pepe Unchained could see a big surge on exchanges. Pepe Unchained has already captured the attention of both meme coin enthusiasts and influencers, fueling expectations for strong future growth.

Blockchain-Powered Rollblock Eliminates Fees and Delays 

Rollblock is rapidly gaining traction in the $550 billion global industry, positioning itself as a top contender against BlockDAG, Rexas Finance, and Pepe Unchained. Rollblock’s innovative approach to online gaming, powered by blockchain technology, has allowed it to eliminate the fees, delays, and other issues traditional platforms still struggle with. Rollblock’s platform offers over 7,000 games, with 20 cryptocurrencies for users to choose from. 

Rollblock’s crypto culture approach sets it apart, offering generous reward programs and a constant stream of events and giveaways to keep the community engaged. The standout feature, however, is its profit-sharing program. Up to 30% of weekly revenue is redirected into open market buybacks, with 60% of tokens burned each week to maintain deflationary pressure on $RBLK’s price. The remaining 40% is distributed as staking rewards, offering some of the highest APYs in the market.

Currently in the 8th presale stage, Rollblock’s $RBLK token is priced at $0.035. Experts predict a 1,000% surge once the presale concludes, which could happen as early as December.

For a limited time RollBlock Tokens are available with a 50% Bonus, providing the perfect opportunity to acquire $RLBK!

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Selecting the right crypto investment could be transformative, and coins like Shiba Inu (SHIB), Binance Coin (BNB), and Rollblock (RLBK) promise different upside potential. While BNB and Shiba Inu are the favorites of investors searching for explosive growth and stability, $RLBK has shown huge potential for massive returns. Analyzing each coin’s potential, utility, and price position may help traders determine which one might transform a $1,000 investment into $100,000.

Shiba Inu (SHIB) Sees 50% Price Increase In 7 Days

Data from many crypto price tracking websites including CoinGecko and CoinMarketCap indicated Shiba Inu was among the best 3 performers on the market yesterday. Shiba Inu gained 25% 2 days ago, briefly touching $0.000027. This surge led to a $14 billion market cap for a multi-month high.

Shiba Inu sells for $0.00002596, up 48.7% from a week earlier. Shiba Inu outperformed the global crypto market which grew more than twenty-one percent during the same period. These gains pushed Shiba Inu above the $0.00002169 level it had remained above since June. 

BNB (BNB) Crosses The $600 Price Target

Following a strong breakout past the $600 mark, BNB is currently trading at $617. With an intraday gain of 0.95%, BNB has now risen by 10.54% over the last week.

This breakout rally is advancing toward the 78.60% Fibonacci level, aiming to test the $650 psychological mark. In case the uptrend continues above this level, BNB might make a brand new all-time high above $724. The next target prices for BNB based upon the retracement tool will be $798 and $924 at the 1.272 and 1.618 Fibonacci levels.

With the broader market in recovery, BNB is likely to reach the $1,000 psychological mark in the coming months. However, a minor retest of the $600 breakout level could occur, offering a fresh entry point for price action traders. Additionally, a breakout opportunity at $650 is also anticipated.

Rollblock (RBLK) Raises $5 Million In Presale Funds

Rollblock has gained significant attention from smart money, with its crypto presale exceeding $5 million. The project has attracted investors with its unique approach on Ethereum. 

Rollblock is bringing gaming to Ethereum in a way no other project has. In addition to offering thousands of games, Rollblock is adding DeFi features like staking and yield farming. A major attraction is the revenue-sharing model, where $RBLK token holders can earn passive income from 30% of Rollblock’s revenues. Regular burns of $RBLK tokens will also be carried out, which is expected to drive the price upward in a parabolic growth cycle.

Currently priced at just $0.035, Rollblock presents a huge 100x upside for potential investors, especially considering the growing popularity. Early investors are already seeing profits, thanks to the steady price increases of $RBLK tokens at each presale stage, leading to a promising launch.

Rollblock also has a high potential for growth due to its low market cap of only $5 million, giving investors a better chance for substantial gains. For a limited time, $RBLK tokens are available with a 50% bonus, offering the perfect opportunity to acquire.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Bitcoin has shattered all-time highs six times in the past week, marking an explosive surge that’s captivated the crypto market. Rising over 32% in less than seven days, Bitcoin has now achieved a milestone by surpassing Silver’s market cap, solidifying its place as a dominant asset in the global financial landscape.

Key data from CryptoQuant reveals that this impressive rally has been driven by strong, steady demand from bulls who have been ramping up taker orders since late September.

Net taker volume, a metric indicating aggressive buying on exchanges, has increased substantially. This trend suggests that institutional and retail investors are moving with conviction, with many anticipating further upside.

As Bitcoin’s price action breaks into uncharted territory, the crypto leader is capturing attention within the digital asset space and in traditional markets. Investors are watching closely, wondering if this surge marks the beginning of a new era for Bitcoin, with prices potentially heading to unprecedented levels. 

Bitcoin Impressive Surge Backed By Bulls

Bitcoin bulls are now firmly in control as the price pushes near the $90,000 mark, continuing its surge after breaking above the previous all-time high (ATH) set in March. This past week has been pivotal for BTC, confirming that the breakout above the March ATH is a clear signal of a new bull run phase.

The strength of this upward movement is evident, as Bitcoin consistently surges without signs of reversal, and the momentum is far from dissipating.

Data from CryptoQuant analyst Axel Adler supports this bullish outlook, highlighting the sustained pressure from buyers through the increasing volume of taker orders. Adler shared a chart showing cumulative net taker volume, steadily growing since September, signaling a strong demand for Bitcoin. 

In his analysis, he notes that this consistent pressure is noteworthy, as it suggests that the buying activity is not just a short-term surge but a sustained trend supporting higher prices.

As price action remains bullish, the next few days will determine Bitcoin’s immediate future. While a continuation to new highs seems likely, a short-term pullback is also possible, given the current momentum. 

If Bitcoin retraces to lower demand levels, it could find support around key prices and consolidate before the next leg up. However, the sentiment is bullish, and the market is closely watching for further confirmation that this rally has legs.

BTC Breaks ATH Again: Can The Rally Continue?

Bitcoin is trading at $87,800 after experiencing one week of “only up” price action. The price briefly touched the $89,890 mark, setting a new local high, but is now facing healthy selling pressure. This pullback could be attributed to profit-taking from investors who may not have anticipated such a rapid surge.

However, this correction doesn’t signal a potential drop to lower demand levels, as the overall price action and sentiment remain extremely bullish.

The next few days will be crucial in determining Bitcoin’s near-term direction. BTC could enter a consolidation phase below the $90,000 mark as traders digest the recent gains, or it could break above this level with the same strength it demonstrated when pushing from $75,000 to $89,000. 

Given the strong momentum and continued demand, a consolidation around current levels would likely act as a healthy pause before another push higher. The market sentiment remains overwhelmingly positive, with bulls in control.

As the market digests this recent surge, further price action above the $90,000 mark would likely attract additional buying interest and may signal the next leg of the rally. In either case, Bitcoin’s path forward remains bullish, with much potential for continued upside.

Featured image from Dall-E, chart from TradingView

President-elect Donald Trump is poised to reshape the US government’s approach to crypto, actively seeking candidates with industry-friendly views for key regulatory positions. 

According to the Washington Post, as part of his strategy to establish the United States as the “crypto capital of the world,” Trump’s transition team is consulting with cryptocurrency executives to explore potential changes to federal policy.

SEC Overhaul On The Horizon

Trump’s commitment to a more permissive regulatory environment is in line with his campaign promises, which have garnered significant support from the industry, as evidenced by the current uptrend in prices following his victory over Vice President Kamala Harris last Tuesday. 

Early discussions among Trump’s advisers have reportedly focused on financial regulatory agencies, notably the Securities and Exchange Commission (SEC), where leadership choices will significantly influence the future of digital asset regulation.

The candidates under consideration include a mix of current regulators, former officials, and financial industry executives known for their pro-crypto stance. 

Notable names include Daniel Gallagher, a former SEC official now at US-based cryptocurrency exchange Robinhood, and pro-crypto commissioners Hester Peirce and Mark Uyeda. 

These individuals have publicly criticized the previous policies of the SEC and its chairman Gary Gensler under President Joe Biden, particularly the agency’s heavy-handed enforcement against digital asset firms, with ongoing investigations and lawsuits against key players in the past years.

Trump’s Crypto Advisory Team

Industry executives, including Ripple CEO Brad Garlinghouse, have noted that they expect the new Trump administration to focus on regulatory clarity, lacking amid a fragmented legal framework governing cryptocurrencies. 

The digital assets sector has long called for comprehensive legislation to define the status of currencies such as XRP, Litecoin and Solana, to establish investor protections and to offer new investment products such as the spot exchange-traded funds (ETFs) investing in Bitcoin and Ethereum that were approved earlier this year.

Trump’s support has also attracted high-profile industry figures, including Elon Musk and Howard Lutnick, who are involved in shaping the administration’s crypto policies. 

However, Lutnick, CEO and chairman of asset manager Cantor Fitzgerald, has raised concerns about potential conflicts of interest given his ties to stablecoin issuer Tether and other crypto-related companies.

As Trump moves forward with his transition, the Post reports that his team is exploring the establishment of a presidential council on digital currencies and considering the appointment of a dedicated crypto advisor within the National Economic Council. 

Despite the optimistic outlook among supporters, some Democrats have expressed concerns about the potential implications of Trump’s pro-crypto policies. 

Critics argue that the regulatory changes sought by the industry could undermine consumer protections and “expose investors to greater risks of fraud and market manipulation.”

While the now 47th president aims to implement a comprehensive agenda, including the possibility of creating a national Bitcoin reserve, the effectiveness of these plans will depend on regulatory authority. 

However, with the Republican Party winning a majority in Congress, the path to these markers may be easier for Trump and the broader industry. 

Featured image from AP,, chart from TradingView.com

A former executive of a now-defunct cryptocurrency firm, Celsius Network, will have to continue to face his legal battle as a US federal court denied his motion to dismiss the charges against him.

It might seem only like a legal battle of a former crypto CEO but in the greater scheme of things, it’s a reflection of the saga of the government’s scrutiny on the digital currency industry.

Motion Denied

The ex-CEO of Celsius Network, Alex Mashinsky, failed to convince a US federal judge to drop two counts of criminal charges against him relating to the manipulation of crypto prices and fraud.

Judge Rejects Ex-Celsius CEO’s Attempt to Drop Fraud Charges

The latest twist in the Celsius saga: Alex Mashinsky, former CEO of Celsius, just had his motion to dismiss key charges thrown out by a federal judge.

Mashinsky, who faces seven charges, tried to argue that two of… pic.twitter.com/oEa3SkFdHe

— IBC Group Official (@ibcgroupio) November 11, 2024

Judge John Koeltl of the US District Court for the Southern District of New York rejected Mashinsky’s motion asking the court to dismiss the two raps against him. Thus, Mashinsky will continue to face the seven complaints in relation to his role in Celsius in January 2025 — a setback that made it inevitable for Mashinsky to defend himself in court when the trial started.

Koeltl ruled that the crypto exec’s arguments to drop the cases were “either moot or without merit.”

Mashinsky’s Argument

Mashinsky’s lawyers argued that their client cannot be charged with violations of the Commodity Exchange Act and the Securities Exchange Act of 1934, saying the court is charging the former CEO with two charges for the same conduct.

However, Koeltl disagreed with their argument, saying a conviction on violating the Securities Exchange Act would not mean that Mahinsky would be acquitted of violating the Commodity Exchange Act.

Mahinsky also claimed that the commodities charge is “legally insufficient”, explaining that the state prosecutors failed to sufficiently allege that the platform’s investors were depositing Bitcoin into a program that offered a weekly reward scheme. The federal judge argued that this argument is a factual question that “cannot be resolved” at this point in the case.

Koeltl also denied Mashinsky’s motion to dismiss market manipulation charges, saying it is “meritless”. The judge added that the US Court of Appeals for the Second Circuit has already ruled before that “open-market transactions that are not inherently manipulative may constitute manipulative activity when accompanied by manipulative intent.”

Celsius: Legal Woes

Celsius used to be a prominent crypto platform in the industry. Unfortunately, the firm collapsed in 2022 following the freezing of customer withdrawals. The company also filed for bankruptcy amidst the huge balance sheet deficit.

As a result, the SEC charged Mashinsky with fraud and manipulating the market which caused the collapse of the crypto firm.

State authorities said that the crypto CEO deceived the investors and claimed that CEL, the firm’s coin, was safer than it was.

If convicted of all the seven charges, Mashinsky could spend 115 years in state prison. The former CEO has not yet pleaded not guilty to these charges.

Featured image from Public Policy Institute of California, chart from TradingView

Police and electricity authorities in Thailand have launched a series of crackdowns targeting illegal cryptocurrency mining operations accused of stealing massive amounts of electricity.

Raids conducted in Chachoengsao and Surat Thani provinces led to multiple arrests and the seizure of mining hardware worth millions of baht.

How It Went Down

According to a recent report from local news media, raids occurred over the weekend in Surat Thani province, with officials searching seven commercial buildings and two residential properties in Muang district.

The investigation resulted in the arrest of two men, Nathapong and Arthit, aged 30. Authorities confiscated 111 crypto-mining machines, seven desktop computers, 10 routers, and 10 modified power meters.

The arrests were made after informants tipped off the police about deserted buildings outfitted with surveillance cameras, raising suspicions of illegal activities.

A Crime Suppression Division commander, Pol Maj Gen Montri Theskhan, revealed that Nathapong rented the commercial properties and owned the houses where the illicit operations occurred.

Investigators noted significant financial transactions of more than 40 million baht from January of the previous year to July, coupled with unusually low electricity bills, hinting at meter tampering.

Electricity Theft And Large-Scale Operations Disrupted

Authorities believe the suspects had been modifying electricity meters to reduce their recorded power consumption. The modified meters were integral to powering the “energy-intensive” mining equipment without incurring proportional electricity costs.

According to officials, the stolen electricity was valued at approximately 10 million baht ($287,191), highlighting the magnitude of the theft. During questioning, Nathapong reportedly admitted to starting the mining operation in late 2022, acquiring secondhand mining equipment to further his illicit venture.

Arthit, on the other hand, allegedly confessed to being responsible for modifying power meters and maintaining the power supply network across the nine properties.

The crackdown continued in Chachoengsao province, where authorities raided a deserted warehouse in Bang Nam Prieo district’s Sala Daeng area.

They discovered 109 active crypto-mining machines and an additional 66 units awaiting installation. The total value of the equipment was estimated at 17 million baht ($488,225).

The raid followed suspiciously high power consumption reports from an otherwise unused warehouse. Electricity officials traced the power theft back to the site, estimating the cost of stolen electricity at over 10 million baht in recent months.

Notably, in Thailand, a power tariff rate of 4 baht per kWh equates to a cost of 620,000 baht. The average monthly household electricity bill in Thailand is estimated at around 750 baht.

Featured image created with DALL-E, Chart from TradingView

Crypto is a popular target for cybercriminals, who rely on its anonymity and lack of regulation. These crimes often target individuals online through hacking and ransomware. However, there have been a few aggressive crimes in the past that target unsuspecting individuals in person and broad daylight. Thailand news agencies report that a Ukrainian tourist recently lost $250,000 worth of USDT in an armed robbery last November 8th, Friday.

According to the police report, the Ukrainian national was attacked by two armed individuals. The tourist was forced to transfer $250k in USDT to the suspects before contacting the Thai police.

Another Coordinated Crypto Extortion In Thailand

Cryptocurrency holders aren’t just prone to hacking and ransomware; they’re also the target of physical armed robberies and extortion. Last November 10th, Thai local news reported that a young Ukrainian tourist was assaulted and robbed with $250k worth of USDT.

According to multiple reports, the robbery incident happened last Friday, November 8th, in Phuket, Thailand, but this incident didn’t involve the locals.

Local reports have it that Viacheslav Leibov, a 23-year-old Ukrainian national, was involved in a planned extortion attempt. Based on the published police report, Leibov was invited by his friend, Alfred Chernyshuk, an 18-year-old Ukrainian national, to check out his room.

When Leibov arrived, he was met by Arman Grigoryan, a 21-year-old Armenian national. Then, the two masked individuals attacked Leibov.

The police report further shared that both attackers wielded a knife and hammer and threatened Leibov with harm if he didn’t transfer $250k in USDT to a wallet.

For his safety, Leibov obliged and transferred the said amount. Leibov was tied to the bed and was told not to report the incident to the authorities. Despite the attackers’ warnings, Leibox managed to escape and inform the authorities.

Cryptocurrency Extortion Now A Serious Concern

Meanwhile, cybercrimes like hacking and ransomware are not new. In addition to these cybercrimes, crypto holders face fraud and extortion in countries like Thailand. Leibov’s recent extortion experience isn’t the first in this Southeast Asian country.

In November, the Thai authorities arrested a group of individuals connected to a 10-million USDT extortion scheme. According to reports, seven suspects were involved, including six rogue police officers, which have tainted the Thai police’s credibility.

Crypto Holders Now Face Security Risks On All Fronts

Traditionally, crypto holders and traders face the most significant security threats when doing business online. According to one estimate, crypto-related ransomware resulted in over $1 billion in losses in 2023.

With these reported incidents in Thailand and other tourist destinations, it’s becoming clear that holders also face issues when using their cold wallets.

Featured image from The Courier Mail, chart from TradingView