The latest crypto news includes Kraken’s valuation soaring to $20B after an $800M funding round, Bitcoin rebounding to $91. 7K, and DeepSnitch AI becoming the hottest presale after raising $555K. Crypto exchange Kraken reveals its valuation reached $20B following an $800M funding round for the exchange’s global expansion. In addition to bagging $200M from Citadel Securities, the US market-making firm will provide Kraken expertise on issues such as risk management. Meanwhile, one of the most exciting crypto news stories this week was Bitcoin’s recovery to $92K after a dip toward $89K the day prior, which sparked bullish sentiment in the market. DeepSnitch AI presale also benefited from the slight recovery as it quickly pushed to $555K, after a month of already-solid performance sparked by various 100x predictions. Kraken’s expansion explained After raising over $800M during two funding rounds for the exchange’s global expansion, Kraken reported its valuation reached $20B on November 18. According to Kraken, the second tranche of the funding included a $200M investment from Citadel Securities, which will also provide Kraken with expertise on various issues such as liquidity provision, market structure insights, and risk management. Other backers included, among others, DRW Venture Capital and Jane Street. Even though the US-based Kraken already has a presence in multiple countries, the goal is to expand into the Asia Pacific, Latin America, Europe, and the Middle East. Although Kraken’s expansion is bullish, the biggest crypto news was Bitcoin’s small 2% recovery after a significant reduction in selling pressure. Altcoins, including Ethereum, also took an upward trajectory, which restored the community’s appetite for crypto assets. Latest crypto updates (New tokens and price predictions) 1. DeepSnitch AI: Utility-centric AI presale raises over $533K DeepSnitch AI is one of the most prominent AI projects in the presale space that, according to recent crypto news, raised over $555K even amid high fear in the market. Along with a sizable upside potential, DeepSnitch AI also aims to provide retail traders with an edge by providing them with actionable analytics and accurate predictions. By combining five autonomous AI agents in a single intelligence layer, DeepSnitch AI’s analytics suite will be able to accurately predict sentiment shifts, track whale moves, FUD storms, and provide you with the latest alpha news. Since each of the agents has a unique role, you can use other agents to, for instance, evaluate tokens for rug pull risks or even their upside potential. AI coins have a large growth potential, which also extends to DeepSnitch AI, which, in addition to its base AI appeal, is capable of attracting users from other niches like the mem coin market. As such, traders predict that DSNT could pump by 100x after launch. If DeepSnitch AI reaches the projected level of success of 100x, investing just $200 at the current entry of $0. 02381 could allow you to achieve an ROI of $20K. 2. Dogecoin price prediction: Can DOGE regain its September peak? According to CoinMarketCap, Dogecoin hovered at the $0. 1550 level on November 18, with a slight 1% 24-hour increase. Despite a small recovery, speculative assets saw dampened performance this month, which could explain Dogecoin’s lack of momentum. In the short term, DOGE must overcome the 20-day EMA at $0. 17 to start a full breakout, with the immediate target of $0. 19. By the end of the year (especially if any crypto news about DOGE ETFs drops), Dogecoin could surge toward $0. 29. Alternatively, if DOGE fails to move above $0. 17, the price could plummet back to $0. 14. 3. Uniswap price prediction: Will UNI extend its bullish momentum? After a massive pump toward the $7. 7 area on November 18, UNI corrected to about $7. 2, according to CoinMarketCap. Despite the dip, UNI is expected to recover swiftly. According to recent price predictions, UNI could climb toward $6. 9, which represents a pivotal demand zone that could ignite another rally toward the key $8. 1 resistance. According to recent crypto news, closing above $8. 6 could extend the upward momentum all the way to $10. 3. Other sources claim that the anticipated Christmas rally could push UNI to $20 if macroeconomic factors allow and crypto news stays bullish. Final words: Ready for a breakout? If the entire market continues on the trajectory set on November 18, there may be a chance at a full recovery later in November. Both UNI and DOGE are expected to end the year on a strong note. Yet, their upside potential still pales in comparison to DeepSnitch AI, which could realistically yield astronomic 100x gains, which are simply impossible with majors unless you spend thousands. With strong fundamentals and stable presale performance, according to recent crypto news, DeepSnitch AI could become the next crypto moonshot. End your November in the green by taking part in the DeepSnitch AI presale. FAQs 1. What is the biggest crypto news this week? Kraken’s valuation jumping to $20B and Bitcoin’s rebound to $92K dominated the headlines on November 18. Additionally, DeepSnitch AI’s presale surpassing $555K has become one of the most talked-about stories due to its projected 100x potential. 2. Why is Kraken suddenly worth $20B? Kraken secured $800M across two funding rounds, including a $200M investment from Citadel Securities. This funding supports global expansion into APAC, LATAM, Europe, and the Middle East, boosting the exchange’s valuation to $20B. 3. Why is DeepSnitch AI trending in the latest crypto news? DeepSnitch AI raised over $553K even during high market fear. Its five-agent AI analytics system identifies sentiment shifts, whale activity, FUD storms, and rug-pull risks. This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own researchs. Author Reporter at Coindoo Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.
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