Features News Today TheBitTimes.Com

Table of Contents Introduction PawFury (PAW): The New Rising Star Solana (SOL): The Speed Innovator Ethereum (ETH): The DeFi Giant Stellar (XLM): The Payment Disruptor Conclusion Certain cryptocurrencies are predicted to surge in 2024. Here are the top picks: PawFury (PAW), Solana (SOL), Ethereum (ETH), and Stellar (XLM). PawFury (PAW): The New Rising Star PawFury (PAW) is quickly becoming the new rising star in the crypto market. Imagine being part of a project that's about to explode with growth—this is what investing in PawFury feels like. Its ongoing presale has already raised over $2.7 million, showcasing massive investor confidence. With a buzzing Telegram community of over 34,000 members, the excitement is real.  Currently priced at $0.00844, experts believe this could skyrocket to $0.0200, offering early investors a golden opportunity for huge returns. Don’t miss out on this hot opportunity—using the pro...

What makes cryptocurrencies so imminent for everyone? The recent changes and upturning fortunes in the crypto world have shaken the fates of Dogeverse and Solana. In such times, the new cryptocurrency,  MoonBag coin, has become a lifesaver. MoonBag's best meme coin presale’s unprecedented success has given investors a platform for reliable digital assets. The increasing demand for cryptocurrencies shows that the world is gradually becoming a crypto economy.  MoonBag coin allows investors to earn money through the presale phase. Due to the high return on investment (ROI), the Moonbag meme coin presale will likely attract initial investors, thus signifying it as a valid business venture. MoonBag presents a set of use cases where AXS can transition from typical utility coins treasure to the first “catch-all” DeFi seeding coins that guarantee entirely flexible liquidity while minimising the impact of price fluctuations.  Dogeverse Feels Threatened Sur...

Two major Russia n companies are using Tether (USDT) and other cryptocurrencies to settle cross-border transactions in China as sanctions tighten, Bloomberg reports. Executives from two top commodities trading firms producing metal in Russia told Bloomberg, on the condition of anonymity, that USDT is used in some of these transactions when dealing with mostly Chinese clients and suppliers. Sanctions imposed on Russia following the Ukraine war have made it harder for commodities firms, such as those trading steel and timber, to receive payments. In April 2024 the London Metal Exchange and Chicago Mercantile Exchange were banned from accepting metal exports from Russia following UK and US sanctions.   CEO of stablecoin infrastructure firm Reslov Labs, Ivan Kozlov, told Bloomberg, “In countries that are facing dollar liquidity issues and capital controls, cross-border settlements through cryptocurrencies and, specifically, dollar-linked stablecoins, are a relatively commo...

United States Senator Cynthia Lummis has recently expressed the vital role that Bitcoin and other cryptocurrencies will play for the US economy. Indeed, Lummis took to X (formerly Twitter) to discuss the asset class and its growing value in the modern financial sector. Lummis shared the efforts that she and other lawmakers have made in order to educate the Senate on digital assets. Moreover, she noted that those efforts have culminated in the recent pro-crypto regulation that has been passed in recent weeks. However, those strides are the beginning steps; as Lummis assures, there is much further to go. Source: NBC News Also Read: Goldman Sachs Calls Bitcoin ETF Approval a ‘Psychological Turning Point’ Cynthia Lummis Discussed Bitcoin’s Growing Role in US Economy Throughout 2024, cryptocurrencies have taken the spotlight in a more pronounced way than ever before. With the approval of both Spot Bitcoin and Ethereum ETFs this year, the asset class has become a massi...

The Brett price surged 70% in a week and 3% in the last 24 hours to trade at $0.08486 as of 3.40 a.m. EST on trading volume that skyrocketed 110% to $78.4 million. The weekly pump led to some speculation about whether Brett could become the Shiba Inu (SHIB) of the Base blockchain, further encouraging the token’s popularity and price increase. On top of that, the anime-oriented Brett art that the project has been posting Features many nods to well-known and popular characters, which further contributes to the project’s popularity among its community members. The BRETT token is also expected to list on the P2B crypto exchange soon, as the exchange announced on May 29. BRETT will be listed on P2Bhttps://t.co/yELB6bsl3nhttps://t.co/ZGE8m1Wi03https://t.co/zCrDdZriqY pic.twitter.com/zzd1rLatbp — P2B Crypto Exchange, @p2b_exchange (@p2b_exchange) May 29, 2024 The new listing will bring more exposure to the project, possibly grant it some new pairs, and generally make...

A widely followed analyst and trader who accurately predicted the 2018 Bitcoin (BTC) bottom six months prior is expressing bullish sentiment on the 48th-largest crypto asset by market cap. The analyst pseudonymously known as Bluntz tells his 260,300 followers on the social media platform X that FLOKI (FLOKI) is forming an uptrending stair-step pattern on the daily chart. According to Bluntz, FLOKI is poised to reach “escape velocity soon.” In technical Analysis , a stair-step pattern consisting of alternating higher highs and higher lows signifies bullishness. A stair-step pattern consisting of lower lows and lower highs suggests bearishness. Stair-step patterns are used to determine the direction of the market and identify potential points of entry and exit. Based on Bluntz’s chart, it appears that the analyst foresees FLOKI reaching a price of up to $0.00075, around 162% above the current price. Source: Bluntz/X FLOKI is trading at $0.000286 at time of writin...

As the first half of 2024 draws near, the cryptocurrency market has seen a significant sell-off, eroding the market capitalization of many assets.  However, some cryptocurrencies still show strong potential for growth. Buoyed by strong underlying fundamentals, increasing community interest, and other favorable factors, these select cryptocurrencies could benefit if the market regains its bullish momentum. Finbold has identified two cryptocurrencies likely to attract significant capital inflows in the first half of 2024, propelling them toward the $1 billion market cap mark. Notably, these assets are already nearing this significant milestone. Picks for you AI revises XRP price prediction for end of 2024 51 mins ago Sell signal for two o...

Crypto gambling project ZKasino has announced a ‘two-step bridge back process’ for users to finally withdraw their share of what was branded, at the time, as a $33 million rug pull. However, users have only been given a 72-hour window (that’s until 2pm UTC on May 31) in which to ‘sign up’ to withdraw their funds, which are now worth over $40 million in total. Bridge back ETH at 1:1 ratio We now initiate the 2-step bridge back process for bridgers who choose to receive back their ETH. We apologise for the delay and thank you for your patience. Please read the details about the bridge back process on our Medium post:… — Derivatives Monke (@Derivatives_Ape) May 28, 2024 Read more: ZKasino $30M ‘favor’ to users — seamless transition or rug pull? The original incident was sparked by an April 20 announcement that ETH deposits made as part of a bridge-to-earn rewards program would be converted into the project’s own ZKAS token, as a “favor” to...

Notcoin (NOT) price jumped 20% on Tuesday as the new token continued to rise. Currently with a market cap of $942 million, Notcoin looks primed for a break into the top 100 coins. Bitcoin, Ethereum and Solana have all slipped 3% in the past 24 hours. This in turn sees most of the crypto market struggling. However, Notcoin (NOT), Celestia (TIA) and memecoins Floki and Pepe are among the exceptions as momentum keeps them in the green. Notcoin price soars, token on cusp of breaking into top 100 coins Notcoin, a recently launched crypto token, has outperformed amid bullish projects and could break into the top 100 coins by market cap if gains hold. As CoinJournal highlighted on Monday, the price of NOT went vertical as bulls rode a fresh surge in interest. Key to this is Notcoin’s airdrop announcement and the unveiling of a passive earning feature. According to data from CoinGecko, Notcoin (NOT) token has pumped 20% in the past 24 hours to reach $0.009...

The Myro price surged more than 57% in the past week following an over 5% 24-hour gain to trade at $0.2786 as of 6:05 a.m. EST as investors go long on the meme coin. MYRO’s increase in price over the past 24 hours has also pushed its monthly performance deeper into the green zone. As a result, the Myro price is up more than 85% over the past month as well.  The Myro Price Managed To Break Resistance 4-hour chart for MYRO/USD (Source: GeckoTerminal ) The Myro price has printed a series of higher highs and higher lows over the past couple of days, resulting in the formation of a short-term ascending channel. Throughout the past day of trading, the crypto was also able to overcome the resistance level at $0.2684. Should MYRO maintain a position above this threshold, it might have the technical foundation needed to rise in the following few days. Traders could then look to enter into a long position for the crypto, which might lead to the Myro price rising to as high as ...

Coinbase, the largest crypto exchange in the US, has announced the potential future listing of an altcoin within the Bitcoin (BTC) scaling ecosystem. The exchange announced that Core (CORE) is now on its listing roadmap, meaning the exchange will possibly list it for trading in the future. Core is designed to be a hyper-scalable complimentary smart contract platform to Bitcoin. Core’s ecosystem consists of several major components, including its Satoshi Plus consensus mechanism, its non-custodial staking and its native version of wrapped Bitcoin. CORE currently has a market cap of $1.96 billion and a fully diluted valuation of $4.64 billion. Crypto analyst Altcoin Sherpa says that CORE is one of his altcoin bets for the Bitcoin ecosystem looking ahead to the next big rally. “CORE: temporary bottom looks in but would wait for a solid break of $2 before entering. One of my bets for BTC ecosystem plays this cycle, I think this goes to $2.50+ in the mid-term ...

The Eth ETF fund inflow gradually reflects on the charts as many altcoins posted positive price actions today. Mostly, the trends are evident among low-cap cryptocurrencies. Tokens in the category posted a nearly 2% price increase in the last 24 hours. A surge in trading volume accompanies the gains as investors seek to take a position in assets with growing potential.  DEXTools identifies some of the top trending crypto tokens to watch as the market returns to a more optimistic atmosphere. We’ve analyzed a handful of these cryptocurrencies to help investors take advantage of the uptrend and offer insight into how they might behave in the coming weeks.  Top Trending Cryptos on Solana Chain Furthermore, the article makes a special mention of the 99bitcoins presale projects. The project offers a unique approach to learning, which makes it a deviation from the norms in the crypto space. The details of the 99Bitcoins’ presale and how investors can own the 99BTC toke...

The blockchain gaming altcoin Axie Infinity (AXS) is flashing signs that it could be ready to take off on a massive surge upwards, according to a popular crypto trader. The analyst Ali Martinez tells his 62,600 followers on the social media platform X that it looks like AXS is forming an inverse head-and-shoulders pattern on its weekly chart. Martinez says the pattern “anticipates AXS to rise toward the neckline at $13 before a potential breakout to $22.” Source: Ali Martinez/X An inverse head and shoulders pattern is a technical formation with bullish implications. The right shoulder suggests that bulls are willing to accumulate the asset without waiting for the price to drop to its previous low. With AXS trading at $7.49 at time of writing, a surge to $13 would represent an increase of more than 73%, and hitting $22 would be a boost of nearly 194%. Martinez is less bullish on Ethereum in the short term: The trader says the Tom DeMark (TD) Sequenti...

MicroStrategy’s executive chairman and long-time Bitcoin advocate, Michael Saylor , remains steadfast in his support for BTC. This comes amidst the recent approval of spot Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In response to this news, Saylor conveyed a strong message to the BTC community, reaffirming his belief in Bitcoin’s superiority over Ethereum and other assets. A prominent Bitcoin maximalist, Saylor took to X (formerly Twitter) to share his thoughts. He posted a bullish message for the crypto community, proclaiming, “All your models are destroyed when Godzilla arrives. #Bitcoin” He accompanied this with an image of the iconic movie monster Godzilla wreaking havoc. The image included a BTC mascot in the corner, symbolizing Bitcoin’s immense power and the significant impact its supporters expect it to have on the market. Also Read: What’s Happening Between Peter Schiff And Bitcoin? ...