Bitcoin is closing in on its March all-time high as the crypto market gets fired up about next week’s election.

Traders are piling into BTC as Donald Trump, considered the more pro-crypto of the two candidates, looks to be leading in the polls.

Meanwhile, new meme coin Crypto All-Stars is gaining traction at just the right time – with its ICO raising over $2.8 million.

Bitcoin Eyes New All-Time High as Bulls Take Control

Bitcoin’s (BTC) march higher continues, with the OG crypto now trading at $71,100 after shaking off last week’s dip.

The coin has bounced back strongly, up over 8% from Friday’s low and touching its highest level since early June.

BTC’s momentum is hard to ignore.

It’s now eyeing its fourth straight day in the green, and the coin’s technicals look primed for more upside.

On the 4-hour chart, BTC broke out of a bull flag pattern, suggesting there could be more room to run.

The coin’s proximity to March’s peak is what’s really getting traders excited.

At the current price, Bitcoin is just 3% shy of its all-time high of $73,750.

The derivatives market is also telling an interesting story, with open interest hitting unprecedented levels above $23 billion.

This surge in trading activity points to heavy institutional involvement, which could add extra fuel to Bitcoin’s rally.

Trump’s Pro-Crypto Vision Prompts Market Rally Ahead of Election

Bitcoin’s surge comes as investors turn their attention to next week’s presidential showdown between Trump and Harris.

And there’s a clear favorite in the crypto market.

Trump has been making headlines with bold promises to transform America into what he calls “the crypto capital of the planet” and a “Bitcoin superpower,” prompting excitement from investors.

Popular influencers are taking note, too.

$BTC sitting at ATH while the most crypto-infra bullish president hasn’t been elected yet.

Are you connecting the dots?!

— The Crypto Monk (@thecryptomonk) October 29, 2024

The Crypto Monk, who has a Twitter following of 163,000+, recently tweeted about BTC being near all-time highs before Trump has even been elected.

This tweet suggests he thinks the market might just be getting warmed up.

Ultimately, while Harris has made some positive noises about encouraging “innovative technologies,” her ties to the current administration’s stricter approach have most investors betting on Trump.

With Polymarket’s polls suggesting he’s in the lead, markets appear to be pricing in the possibility of a crypto-friendly president.

Crypto All-Stars ICO Raises $2.8M on Election Hype as High-Yield Staking Platform Draws Praise

The crypto rally is also benefiting newer projects – and Crypto All-Stars (STARS) is one of them.

Crypto All-Stars’ ICO just crossed the $2.8 million mark as investors eye potential regulatory shifts if Trump becomes president.

The project’s MemeVault platform could capitalize on his pro-crypto stance.

His promises could open the floodgates for staking platforms like this, where users can put their meme coins to work earning STARS tokens on multiple chains.

This setup is already gaining traction, with over 1.3 billion tokens staked.

Security hasn’t been overlooked either, with audits from SolidProof and Coinsult giving STARS’ smart contracts a clean bill of health.

And with 17,000+ followers on Twitter, the project is beginning to get attention on social media.

ClayBro, a popular crypto YouTuber, recently discussed STARS in a video.

He praised its MemeVault platform and speculated the token could be “set to soar” in the next meme coin rally.

With Bitcoin rallying and Trump looking set to win back the presidency, Crypto All-Stars could be in the right place at the right time.

Visit Crypto All-Stars Presale

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[PRESS RELEASE – Whitefish, Montana, October 29th, 2024]

ARQ Securities is pleased to announce it has received its Digital Alternative Trading System (ARQ Securities ATS) and is launching the platform on Liquidity.io [today October 29th, 2024].

Liquidity.io is a cutting-edge platform designed to revolutionize the trading and settlement of private credit and private stock for accredited and institutional investors. It took nearly three years of extensive software development while acquiring all necessary regulatory approvals to finally take the platform live. Additionally, the Liquidity Transfer Agency bridges transactions to public blockchains like Solana, Polygon, and soon Avalanche.

“The approval of our digital ATS license is a monumental step forward in our mission to transform the private markets,” said Eric Choi, CEO of ARQ Securities. “Liquidity.io will provide institutional and accredited investors with unprecedented access to Private Assets that are hard to trade and settle. We are going to set a new standard for efficiency and liquidity in credit and private stock. We’re excited to launch with over a billion dollars in Letters of Intent from key industry players and look forward to growing our pipeline of assets in 2025.”

“Liquidity.io creates a seamless and secure environment for trading private assets,” added Ram Praturi, VP of Engineering at Liquidity.io. “By bridging our Liquidity Transfer Agency to Solana, Polygon, and soon Avalanche, we’re ensuring transparency, interoperability, and flexibility for our issuers and investors.”

ThinkEnergy Debuts as Liquidity.io’s Inaugural Issuance: A Milestone in Sustainable Energy Investments

With its groundbreaking refining technology that reduces CO2 emissions by 50%, ThinkEnergy exemplifies our commitment to investments that offer financial returns while positively impacting the global energy landscape. This opportunity allows investors to join ThinkEnergy’s transformative mission toward a more sustainable and efficient energy sector.

Focus on Private Credit and Private Stock

Liquidity.io will initially concentrate on two key asset classes: private credit and private stock, offering institutional and accredited investors a streamlined and transparent way to trade these traditionally illiquid assets. The private credit market has seen significant growth, driven by investors seeking higher yields and diversification. However, the lack of standardized processes and limited transparency have been persistent challenges. Liquidity.io aims to address these issues by leveraging its digital platform to document and automate the trading and settlement processes, thereby reducing operational complexity and improving liquidity.

Strategic Partnerships and Advanced Technology

Over the past year, ARQ Securities has forged strategic partnerships with players in the private credit and private equity sectors, collecting over a billion dollars in Letters of Intent to list on the platform, including:

• Leading private credit originators with significant portfolios, who have committed to listing their assets on Liquidity.io.
• Multiple private companies seeking to provide liquidity options for their shareholders through the platform.
• Various banks, broker-dealers, and registered investment advisors (RIAs) are interested in utilizing Liquidity.io for the efficient execution of private asset transactions.

Looking Forward

With the digital ATS license secured and the launch of Liquidity.io imminent, ARQ Securities is poised to transform the trading landscape for private credit and private stock markets. We encourage interested parties to contact us to explore listing opportunities and to discuss assets available on our platform at launch. If you manage a private asset class with complex settlement processes, we invite you to partner with us to automate these procedures. Our company is enthusiastic about fostering partnerships and seeking new opportunities to offer issuers and investors more efficient and transparent access.

For more information or to discuss partnership opportunities, interested parties can contact:

Eric Choi, ARQ Securities: CEO, https://www.linkedin.com/in/eric-choi-10750241/

Austin Trombley, Satschel, Inc: CEO, https://www.linkedin.com/in/austintrombley/

For more information about ARQ Securities and Liquidity.io, visit www.liquidity.io.

About ARQ Securities:

ARQ Securities LLC., a subsidiary of Satschel, Inc., is at the forefront of financial technology, dedicated to reshaping the future of securities trading through innovation and efficiency. With a focus on digital asset tokenization and alternative trading systems, ARQ Securities is committed to empowering issuers, brokers, and investors with cutting-edge platforms and solutions.

[PRESS RELEASE – Las Vegas, United States, October 29th, 2024]

Solana storage scaling solution Xandeum has confirmed details of its forthcoming token launch and storage-enabled liquid staking program. On October 29, 16:00 UTC, the XAND token will officially launch, offering the Xandeum community a way to participate in the network and earn rewards.

The XAND token and LST launch will be accompanied by the first Xandeum airdrop that will see 60M tokens issued to eligible users on October 29. A number of centralized and decentralized exchanges have committed to supporting the XAND token launch including Raydium and MEXC.

The Xandeum DAO is the vehicle that powers both the Xandeum scalable storage layer that is currently being built, as well as the storage-enabled liquid staking solution launching October 29. The DAO captures both of these, which is a unique feature among such platforms. The XAND token offers complete governance over that DAO, which makes XAND one of the most utility-rich tokens on Solana.

XAND rewards for early stakers of SOL into the storage-enabled liquid staking platform at https://stake.xandeum.network will get 10x boosted XAND rewards which will result in ludicrous amounts of XAND rewards during the hyperdrive stage, defined as the stage when the pool has less than 30,000 SOL staked. The LST also carries another major innovation: It is the first multi-validator LST on Solana that programmatically shares block rewards.

Xandeum’s forthcoming storage solution will allow Solana programs to scale through enabling dapps to access exabytes of data. This will support new use cases, like porting data-rich web2 apps to fully decentralized web3 versions. Xandeum solves the blockchain storage trilemma, being scalable, random access, and smart contract native at the same time. In order to demonstrate these capabilities, a dapp named Xandipedia is being worked on – a fully decentralized version of Wikipedia.

Xandeum’s smart contract native scalable storage layer has been designed to integrate directly into Solana RPC nodes. Data storage is offloaded to a network of decentralized pNodes (storage provider nodes) overseen by Xandeum-aware Solana validator nodes. This will enable Solana dapps to access virtually unlimited storage that can be queried rapidly while maintaining a high degree of decentralization.

About Xandeum

Xandeum is a storage scaling solution for Solana and the world’s first storage-enabled liquid staking platform. Powered by the XAND token, Xandeum is on track to launch its storage provider network in early 2025, delivering a breakthrough in decentralized Solana storage that will power a new wave of dapps.

Learn more:

https://www.xandeum.network