What’s up? Welcome to Tokenize Weekly Roundup
Tokenize Xchange will meet you right here with the week’s most important crypto news. Crypto moves fast, but we’ll help you stay on top of the latest trends and explain why they matter. Also, don’t miss any updates regarding our latest features, events, and community activities.
📣 Product Update
Tokenize Xchange Expands Wallet Support
Tokenize Xchange is expanding its wallet offerings to make your experience smoother and more seamless than ever!
Details are as follows:
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- FTM on the Fantom network
- Render on the Solana network
- Polygon on the Polygon and Ethereum networks
Important Security Alert: Beware of Phishing Scams
Recently, there has been an increase in fraudulent emails, messages, and websites impersonating our platform. These scammers may attempt to deceive you into clicking on malicious links or providing sensitive information, such as your login credentials, passwords, or financial details.
Remember to stay vigilant against phishing attempts targeting your personal and financial information!
🚀Crypto Leaderboard
🗞 Crypto News Recap: The Top 3 Stories
1/ Bitcoin Price Surges to $69,000, Poised to Break $70,000 Mark: A Sign of Strong Market Momentum
Bitcoin, the world’s largest cryptocurrency, has once again delighted the financial world by reaching a price of $69,000. This significant milestone signals strong market momentum as Bitcoin approaches the barrier of $70,000. The recent price surge comes amidst increasing demand from both institutional and retail investors, further fueling speculation that Bitcoin could soon set new all-time highs.
2/ ApeCoin Price Surges 100% as Yuga Labs Launches ApeChain: A New Era for the Bored Ape Ecosystem
ApeCoin (APE) has experienced a remarkable price surge, skyrocketing by 100% following the much-anticipated debut of ApeChain, a dedicated blockchain network developed by Yuga Labs. This new blockchain aims to offer enhanced scalability, lower transaction fees, and specialized support for the growing Bored Ape ecosystem, further cementing Yuga Labs’ dominance in the NFT and metaverse space.
3/ India Considers Cryptocurrency Ban in Favor of Central Bank Digital Currencies (CBDCs)
India has been at the forefront of global discussions on the regulation of digital currencies, and recent developments suggest the country is moving closer to a landmark decision: banning private cryptocurrencies like Bitcoin and Ethereum while promoting Central Bank Digital Currencies (CBDCs).
📚 Technical Analysis
A comprehensive analysis considers factors such as trading volume, market sentiment, and support and resistance levels to understand the market conditions thoroughly.
Weekly Bitcoin (BTC) Technical Analysis (Oct 21st ~ 27th, 2024)
Weekly Ethereum (ETH) Technical Analysis (Oct 21st ~ 27th, 2024)
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