##Nd## (nodachi)

The top-performing altcoins in the fourth week of October 2024 include: ➡️ Goatseus Maximus (GOAT): Surged by 210%, reaching a new all-time high of $0.902. It currently holds above $0.640 support, but if this level fails, it may drop to $0.466. ➡️ Safe (SAFE): Increased by 58%, trading at $1.48 with the potential to flip $1.64 resistance into support. Failure to hold $1.30 could trigger a pullback to $1.10. ➡️ Raydium (RAY): Rose by 40%, trading at $3.01 and aiming to breach $3.33 resistance. A retracement to $2.71 could occur if resistance holds.

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Wrapped Bitcoin Shifts to Multi-Jurisdiction Custody, Sparking Community Debate 📍 Wrapped Bitcoin (WBTC), a tokenized version of Bitcoin on the Ethereum network, has completed its transition to a geographically distributed custody structure. The new arrangement involves a partnership between BitGo and BiT Global, with custody shared across Singapore, Hong Kong, and the United States. This move aims to enhance security and decentralization by requiring two signatures for any transaction approval. 🔗 Despite the transition's seamless implementation for users, it has sparked debates within the cryptocurrency community. The Sky platform (formerly Maker) initially voted to remove WBTC as a collateral asset due to concerns over Justin Sun's involvement. However, the platform is now reconsidering this decision following discussions with BitGo co-founder Mike Belshe.

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Hong Kong Exchanges and Clearing Ltd. will launch its "HKEX Virtual Asset Index Series" on Nov. 15, offering a new bitcoin and ether price benchmark during the Asian time zone to support informed crypto investing in the region.

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Meld Gold Launches Gold and Silver-Backed Stablecoins on XRP Ledger

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