$45,000 Remains Major Resistance for BTC Bulls, Solana Takes Over Spotify and Electronic Arts, SHIB Launches Domain Name System With D3: Crypto News Digest by U.Today By U.Today

U.Today: U.Today brings you the three most important news of the last day.

$45,000 remains the main resistance for (BTC) bulls

Over the past few days, market watchers could see Bitcoin making notable gains; However, before going higher, the flagship crypto is likely to encounter . That said, a break above this resistance level may signal the imminent start of bullish momentum. Based on recent trading activity, the $45,000 threshold has become a crucial battleground for Bitcoin bulls. According to on-chain data, this price level has been a strong point of resistance as supply is aggressively protected through sell orders and price stagnation. BTC price has made multiple attempts to break the $45,000 barrier, but they have been met with a strong selling presence, indicating strong defense by the bears in the market.

(SOL) takes over Spotify (NYSE 🙂 and Electronic Arts (NASDAQ 🙂 with a raise of $4.8 billion

Much to the surprise of the cryptocurrency market, it has surged by over $4.8 billion over the past day, and its market capitalization has reached an exceptional milestone of over $37 billion. According to data from CoinMarketCap, this surge allowed SOL to reclaim its position as the fifth largest crypto market token, leaving behind more established competitors such as. Notably, Solana's success extends far beyond the cryptocurrency space; If cryptocurrencies were included in traditional industry rankings, Solana would rank among the world's 500 largest companies, surpassing even industry giants like Electronic Arts and Spotify in terms of value. The reason behind the increase in SOL's valuation is probably a new rally in its quotes. Last week alone, SOL rose 21%, following a notable 250% growth since mid-October.

(SHIB) launches domain name system with D3, followed by Viction

As recently announced D3 Global, a cutting-edge domain name platform that develops interoperable digital identities, has been established with the Shiba Inu (SHIB) and Viction (VIC) blockchains. The two teams will be able to apply for and obtain the .shib and .vic top-level domains (TLD). D3's concept of interoperable digital identities is expected to facilitate the introduction of opportunities for the Shiba Inu and Viction ecosystems to new audiences, as well as enable secure and universal access to their services. The goal of D3's strategy is to eliminate the most damaging shortcomings of today's DNS systems, such as fraud, data loss, brand confusion, and missing critical features. SHIB leader Shytoshi Kusama commented on the partnership and expressed excitement about the potential effects of this step for SHIB community management and retail adoption.

This article was originally published on U.Today.