Binance Labs has announced its investment in BIO Protocol, a pioneering project that seeks to revolutionize the financing and commercialization of early-stage scientific research through blockchain technology. This marks Binance Labs' first foray into the Decentralized Science (DeSci) sector, highlighting the lab’s commitment to supporting groundbreaking advancements in technology that promise real-world impact.BIO Protocol operates as an innovative platform that enables scientists, patients, and investors worldwide to fund, develop, and co-own medical advancements through a network of Biotech Decentralized Autonomous Organizations (BioDAOs). The platform addresses key funding gaps in scientific research, with a particular focus on rare diseases, longevity research, and other emerging health challenges. With seven existing BioDAOs exploring diverse areas—from cryopreservation to mental health treatments—the platform’s next projects will tackle Long COVID, rare diseases, and quantum biology, expanding the community-driven reach of scientific research."BIO Protocol represents a significant step forward in DeSci by merging biotechnology and DeFi," said Andy Chang, Investment Director at Binance Labs. "Our commitment is to drive real, long-term impact by investing in projects that build meaningful technology. Supporting BIO Protocol aligns with our mission to foster innovation that can truly shape the future and unlock scientific breakthroughs across the globe."

Why is Cardano (ADA) price up today?
ADA price breaks the multimonth downtrend pushing Cardano to four-month highs, thanks to multiple macro tailwinds and favorable technicals. 

Cardano ADA price staged a solid rebound in the last four days, rising by over 33.7% to reach an intraday $0.436 on Nov. 8 as the market gathered strength following Donald Trump’s win in the United States 2024 Presidential Election.

ADA price is up 17% over the last 24 hours, outperforming the rest of the market, and up 28% over the last seven days.
ADA/USD daily chart. Source: TradingView

Let’s look at the factors driving the ADA price up today.

ADA price rises alongside Bitcoin, Ethereum
The bullish sentiment was not only exclusive to Cardano as crypto prices also rallied across the board, buoyed by Donald Trump’s victory in the US presidential race.

Bitcoin
BTC
tickers down
$75,798
, the largest cryptocurrency by market capitalization, led the gains and has jumped 9.6% over the last week to set a new all-time high of $76,943 on Nov. 7, including 12.7% gains since Nov. 5. Ether
ETH
tickers down
$2,923.23
has rallied more than 3% over the last 24 hours to trade above $2,900.
24-hour performance of top-cap cryptocurrencies. Source: Coin360

Other top-cap cryptocurrencies, including BNB Chain’s
BNB
Solana
SOL
, XRP

, and Dogecoin
DOGE
ave also posted significant gains over the last few days.
Similarly, the total crypto market cap has increased by 2% over the last 24 hours and 14% over the last four days to rest at $2.57 trillion at the time of publication.
Source: The Associated Press

Trump’s win is viewed as bullish for the crypto market following his promise to foster a crypto-friendly business environment, boosting risk-on sentiment.

In addition to the political factors, the Federal Reserve’s decision to reduce interest cuts by 0.25% on Nov. 7 has added tailwinds to the crypto market as the Fed cites easing labor market conditions and increasing confidence that inflation is moving sustainably toward the 2% target.

Source: The Kobeissi Letter

Lower rates generally boost market liquidity and support asset valuations, creating a risk-on environment where investors seek higher returns, including crypto.

ADA sees a spike in funding rates
ADA’s bullish price action on Nov. 8 is preceded by a jump in open interest-weighted funding rate. The chart below shows that ADA’s 8-hour OI-weighted funding rate has increased to 0.0159% on Nov. 7, the highest since June 2024.

This suggests a high appetite for long positions as ADA’s price gained around 17% over the last 24 hours.
ADA OI-weighted funding rates. Source: CoinGlass

ADA’s rally on Nov. 8 was accompanied by short liquidations totaling $1.67 million against $247,484 in long liquidations, with that tally continuing at the time of publication.
ADA liquidations. Source: CoinGlass

In other words, short traders were caught off-guard by ADA’s rise to $0.438.

Cardano price more gains ahead
Cardano’s gains today are part of a technical rebound that started on Nov. 5. Notably, the latest rally has seen the layer-1 token break above its multimonth descending trendline resistance, as shown below.

ADA has witnessed various failed attempts to rise above this resistance, the most recent being its 32%-plus gains between Sept. 6 and Sept. 27, which was capped by sellers at $0.42.
ADA/USD weekly price chart. Source: TradingView

As a result of this technical setup, the next logical target for ADA bulls will be the April 22 range high of $0.52, a 19% uptick from the current price.
#DogeArmyComeBack #ADABullish #BIOProtocol #FedRateStrategy #EthereumRally $ADA

With a starting price projected at $0.0278, the upcoming debut of MAJOR is generating buzz as one of the most significant airdrops of 2024. Scheduled to list on November 14, this token is stirring excitement within the crypto community and beyond. Analysts and experts are closely watching, with many speculating that MAJOR’s market entry could kick off at $0.0278, setting the stage for a potentially dynamic start.

The crypto scene is buzzing with anticipation for MAJOR, a token intricately linked to a fast-growing mini-game ecosystem. As its launch date draws near, traders and investors are ramping up their attention, eyeing opportunities tied to its expected airdrop and listing. The conversation surrounding MAJOR is heating up, particularly among gaming enthusiasts, as they eagerly prepare for its market debut.

The Unique Value of MAJOR Token

MAJOR isn’t just another cryptocurrency—it’s a pivotal asset within the Major Star collection game, designed to elevate the user experience through its integrated reward system. Currently, players earn Stars that can be utilized within various mini-apps and bots, with the potential for these rewards to eventually be converted into cryptocurrency. MAJOR’s involvement in this ecosystem not only promises engagement but also supports future expansion and innovation within the gaming space.

Stay tuned for more updates as we closely follow the development and market trends of the MAJOR token. The hype surrounding this launch is palpable, and the coming weeks are set to be a landmark period for early adopters and investors alike.
#majorupdate #Major #Write2Earn! #MicrosoftBitcoinRejection #BIOProtocol

Turning a modest investment into life-changing wealth is a dream many of us share. With a careful, strategic choice of three powerful altcoins, you could be well on your way to potentially achieving that dream. Imagine a $200 investment growing to an astonishing $500,000 in just a few short years. Here are three altcoins that crypto experts are watching closely — each primed for growth and brimming with unique advantages that make them a compelling choice for your portfolio.

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🚀 1. PEPE Coin: The Memecoin That’s Captivating the Crypto Community

Overview

PEPE Coin has taken the crypto world by storm, powered by the iconic "Pepe the Frog" meme. Inspired by viral memecoins like Shiba Inu and Dogecoin, PEPE taps into the passion of meme culture while maintaining a laser focus on scarcity and rewarding loyal holders.

What Sets PEPE Apart?

PEPE's strategy focuses on scarcity. It employs a burn mechanism and a reward system for long-term holders, keeping the coin stable and enhancing its value over time. With no transaction tax and a pure memecoin vibe, PEPE resonates with a massive, diverse audience, from crypto newbies to seasoned investors.

Security & Accessibility

As an ERC-20 token, PEPE leverages Ethereum’s rock-solid Proof-of-Stake security. Available on major exchanges like Uniswap, Binance, and KuCoin, it's easy for investors to buy, sell, and hold. PEPE isn’t just a memecoin — it’s a symbol of community spirit and shared success.

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🌐 2. Kaspa: Blockchain Speed Meets Game-Changing Technology

Overview

Kaspa is an innovative proof-of-work cryptocurrency built on the GHOSTDAG protocol. Unlike traditional blockchains that process blocks sequentially, Kaspa’s unique technology enables simultaneous block creation, unlocking unparalleled speed and scalability.

Why Kaspa Stands Out

Kaspa expands on the Nakamoto consensus, achieving block rates of one per second with ultra-fast confirmation times. Its architecture, based on a Directed Acyclic Graph (DAG) called “blockDAG,” enables Kaspa to scale as network demands grow. For developers and users alike, Kaspa's reachability features, SPV proofs, and block pruning make it a potent option in the blockchain landscape.

Future Roadmap

Kaspa’s future is bright, with planned subnetworks that will open the door to layer-2 solutions and decentralized applications. As the technology evolves, Kaspa aims to become a cornerstone for blockchain innovation.

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💥 3. BLASTUP: The Breakout Launchpad Token Stealing the Spotlight

Overview

BLASTUP is the native token of the rapidly growing BlastUP launchpad, capturing major attention as trading volume has spiked over 500%. With a price still in the cent range, BLASTUP offers exciting upside potential for early adopters seeking substantial gains.

Current Price & Market Dynamics

Price: $0.01941

24-Hour Change: +23.23%

Support & Resistance: Key support at $0.01575, with resistance levels around $0.020 and $0.022 if the rally continues.

Why BLASTUP is Poised for Growth

The BlastUP ecosystem is dynamic and growing, creating strong demand for BLASTUP tokens. Its appeal mirrors the early days of successful launch tokens, with a strong community and a robust roadmap. The high volume-to-market cap ratio of 2.91% highlights robust interest, signaling that BLASTUP is primed for continued momentum.

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Final Thoughts: Your Path to $500,000?

PEPE, Kaspa, and BLASTUP each bring a unique value proposition to the table, making them compelling choices for crypto investors with an eye on massive returns. These coins aren’t just tokens; they’re backed by innovative technologies, vibrant communities, and clear paths for growth.

For those seeking a high-growth portfolio, these three tokens could offer a powerful launchpad toward financial success in the fast-evolving crypto world. Could a $200 investment really turn into $500,000? With these three altcoins in your corner, the possibilities are as exciting as they are boundless.

Happy investing!

#DogeArmyComeBack #BIOProtocol #altcoinsByZeusInCrypto #AltcoinGrowthPotential #BTC☀