Features News Today TheBitTimes.Com

Elon Musk clarified Dogecoin (DOGE) role in the United States Government, frustrating some growing expectations and causing DOGE to crash. Expectations were related to Musk’s position in Donald Trump’s administration with the Department Of Government Efficiency (D.O.G.E.). Historically, Dogecoin performance and massive success featuring among the most valuable cryptocurrencies is directly connected to the multi-billionaire. From late December 2020 to early May 2021, DOGE surged by 23,740% – from $0.00310 to $0.739 – as Musk showed public support to Dogecoin, mostly via memes on Twitter (now X). Dogecoin (DOGE) price chart, one-week (1W) candlesticks. Source: TradingView / Finbold Elon Musk clarifies US Government intentions related to DOGE However, in a rally in Wisconsin, Elon Musk answered a question on whether Dogecoin would be used by the government. Reuters published the video on March 30 and Musk answers the question at the 00:23:37 timestamp. ...

Ethereum’s blockchain transitioned from work-based security to a financialized security model on September 15, 2022. Since it forked to proof-of-stake (PoS), ether (ETH) has made new lows against bitcoin (BTC). The Merge (and earlier changes like EIP-1559) were supposed to cleanse the blockchain of its electricity-guzzling stigma, and the community latched onto the changes in ETH issuance as a new era for ETH as deflationary, “ultrasound money” Instead, the event simply marked one of the best-ever prices to have sold ETH for BTC . With the price of ETH now trading at a four-year low against BTC, consider these additional metrics of underperformance. Price Ether’s price — the first and most important metric — is a disappointing starting point. When it celebrated its move to PoS, it cost 0.074 BTC to buy one ETH. ETH then proceeded down a never-ending slide.  Today, it costs just 0.022 BTC to buy one ETH — 70% cheaper than when it was secured by ...

Shiba Inu burn events are making quite a stir in the crypto world. Well, another massive 1 billion SHIB tokens are being removed from circulation. Despite these pretty significant burns happening one after another, many investors and Shiba Inu coin enthusiasts are wondering why these actions haven’t actually translated to any noticeable price movements for the popular meme coin. Source: Shibburn Also Read: Pi Network (PI) Faces 50% Correction: Should You Buy The Dip? Shiba Inu Burn & Price Impact: What Investors Need to Know Source: Watcher Guru Another Billion SHIB Vanishes A massive Shiba Inu burn of 1 billion tokens was executed just recently. This marks the second such event within a three-day timeframe. The burn was performed by the same anonymous wallet that previously incinerated another billion SHIB. Therefore, it brings their total to an impressive 2 billion SHIB removed from circulation in less than a week. Lucie, the marketing expert for the Shiba Inu team, noted on soc...

Cardano is one of the leading cryptocurrency tokens to exist in the current market. The token has primarily been showcasing a stable price recovery; however, mild fluctuations continue to hover and gnaw at Cardano from time to time. Will ADA be able to surge and spark a new price rally by April 2025? Let’s find out. Also Read: French Investor’s 580 BTC Purchase Yields Unprecedented 709.8% Return Cardano: What’s New? Cardano is currently sitting at a new price spot of $0.73, down 1% in the last 24 hours. The token has documented a rise of 7% in the last one month, showcasing the vigor and mettle that keeps the token persistent in the current mellow market space. In the middle of this, Trump has officially included Cardano in his strategic crypto reserve, which has significantly helped ADA brighten its prospects. $ADA will be part of the US Strategic Reserve pic.twitter.com/eIOpPK9n7p — Splash (@splashprotocol) March 2, 2025 At the same time, ADA is also charting its independ...

Bitcoin (BTC) has hit multiple all-time highs over the last few months. The original cryptocurrency hit a high of $108,786 earlier this year in January. The rally was likely due to President Donald Trump’s inauguration. Trump’s pro-crypto policies may have led to a spike in market participants. Also Read: Trump Sells 1,000 ‘Gold Card’ Visas Per Day, Each Worth $5 Million Bitcoin’s Price Correction Source: Watcher Guru Since its January highs, BTC’s price has struggled to gain momentum. The asset’s price descended to below $79,000 earlier this month. The dip was likely due to macroeconomic headwinds and global trade wars. The US announced tariffs against Canada, Mexico, and the European Union (EU). The move led to a dip in investor sentiment. Also Read: GTA 6 Leak: Smarter Cops, 2025 Release, Map Takedown & Trailer Hype! Bitcoin (BTC) has since reclaimed the $87,000 mark. The market resurgence is probably due to the US easing its tariffs and the Fed pausing ...

The world’s largest cryptocurrency, Bitcoin (BTC), is currently going through a slump. Despite this, it is important to note that the king coin has recorded a notable spike throughout the past year that pushed BTC above $100,000. While Donald Trump’s historic win played a prominent role in this, Bitcoin halving that occurred in April 2024 also acted as a catalyst. This article dives into how much an investment made during the halving event would turn into today. Also Read: Cardano Prediction: AI Sets ADA Price For March 31, 2025 How High is Bitcoin Trading Today? Source: Watcher Guru The past month has been challenging for Bitcoin. The king coin throughout the past seven days has witnessed a slight recovery of 5.21% and was seen reaching towards $90,000. At the time of writing, BTC was trading at $87,188.68 following a 0.05% dip in the past 24 hours. Source: CoinMarketCap Bitcoin’s latest halving took place on April 20, 2024. During this period, they decrease the amoun...

In his latest endorsement of his tariff plan on foreign countries, US President Donald Trump says the tariffs will help lower taxes in the US. Trump held a meeting with his Cabinet on Monday, where he addressed his ongoing tariff plan. Before the meeting, Trump also said he would impose a 25% tariff on any country that buys oil or gas from Venezuela, the latest in a long line of tariffs. JUST IN: President Trump says tariffs will help lower taxes. — Watcher.Guru (@WatcherGuru) March 24, 2025 Trump’s tariff plans have been analyzed and criticized by several experts since he returned to office this past January. While the 47th President claims the tariffs will ultimately benefit the US and taxpayers, many experts suggest it’s not that simple. Trump wants to eliminate income tax for those earning less than $150,000 and replace it with tariff revenue. However, some economic policy experts say there isn’t a big enough tax base for imported goods to completely replace revenue fro...

The chief executive of the world’s largest stablecoin issuer is reportedly looking to receive an audit from one of the biggest accounting firms in the world. According to a new report by Reuters, Tether CEO Paolo Ardoino says the company is in talks with one of the Big Four accounting firms – KPMG, Deloitte, EY and PwC – to receive an audit of its reserves, though no specific group was named. Tether says it holds dollar-denominated reserves for each USDT token it creates and an audit would help improve the transparency of said reserves, which are currently subject to quarterly reports rather than full-on audits. Ardoino told Reuters that getting a full audit is a “top priority” for Tether, a task he says will be easier to achieve under President Donald Trump, who recently signed an executive order to establish a crypto strategic reserve. “It’s our top priority. Now we are living in a landscape where it’s actually feasible… If...

Zoth, a real-world asset (RWA) restaking layer, has been hacked for $8.4 million of staked USD0++ after someone tampered with its proxy contract.  X user @0xtroll first spotted the exploit today. Blockchain security analyst Cyvers deduced that somebody using a suspicious address was able to tweak Zoth’s “USD0PPSubVaultUpgradeable” contract.  The hacker then withdrew $8.45 million worth of USD0++ before swapping it for DAI and back into ether (ETH), where 4,223 ETH (worth $8.29 million) currently sits. SlowMist Security Alert We have detected that @zothdotio has been exploited, likely due to a leakage of Admin privileges, resulting in the logic contract being tampered with and replaced by a malicious contract. Btw, thanks to @0xtroll for the shout-out. As always, stay… pic.twitter.com/nQfHPYT2OV — SlowMist (@SlowMist_Team) March 21, 2025 Read more: ‘AI’ crypto trading agent, aixbt, hacked for $100K Crypto analysts SlowMist also suggested that Zoth...

Tron (TRX) founder Justin Sun has staked $100 million worth of Ethereum (ETH), according to the blockchain analytics platform Arkham. Arkham notes that Sun’s staked ETH will yield $3 million worth of Ethereum per year in passive income. In addition to staking ETH, Sun also teased that Tron’s native asset, TRX, would soon be available on the Ethereum competitor Solana (SOL). Sun, a polarizing figure in the crypto community, says it is currently “Tron meme szn [season].” He also notes that the issuance of top stablecoin USDT on Tron recently reached a new all-time high of $64.7 billion. The U.S. Securities and Exchange Commission (SEC) recently paused its civil case against Sun. According to recent court filings, the Tron founder and the regulatory agency jointly asked United States District Judge Edgardo Ramos if they could “move to stay [the] case to allow the parties to explore a potential resolution.” Ramos granted the application a day ...

The original dog-themed memecoin is showing signs of a bullish reversal, says leading crypto analytics platform Santiment. According to Santiment, Dogecoin (DOGE) is “signaling a potential turning point once crypto markets stabilize” as the number of wallets increases. “Dogecoin, like most meme coins, has been hammered during the two-month crypto-wide retrace. However, we recommend keeping an eye on the rising level of wallets holding at least one million DOGE, which has recovered during the price dump. Active addresses are also at four-month highs.” Santiment says that the number of Dogecoin wallets holding over one million DOGE has surged by over 1% since the start of February. In March, the largest memecoin by market cap has also recorded spikes in address activity, with the number rising to more than 150,000 active addresses per day severally. Source: Santiment/X Dogecoin is trading at $0.166 at time of writing, down by about 62% from the 2025 hi...

Author | Chu Yan Translated by GPT and may contain errors. Please refer to the original article . Recently, the cryptocurrency exchange Bybit was involved in the largest theft in the crypto industry, with North Korean hackers stealing approximately $1.4 billion in cryptocurrency from Bybit's cold wallet. According to information disclosed by Bybit CEO @benbybit on X, the hackers converted the majority of the stolen ETH into BTC via THORChain, with around 16% of the illicit funds transferred to ExCH and another 8% exchanged through the OKX Web3 proxy contract. Picture: Bybit Hacking and Money Laundering Chain Link (Source: LazarusBounty) Following this incident, Bloomberg reported that European cryptocurrency regulators are investigating the usage of OKX wallet services by the hackers to mix and exchange the stolen funds. Today, OKX announced through an official statement that it has proactively decided to temporarily suspend its DEX aggregator service after consulting with regulato...

US Gas prices have reached a new four-year low, after dropping across the country for the fourth consecutive week. The nation’s average price of gasoline has fallen 1.3 cents compared to a week ago, and stands at $3.02 per gallon, according to GasBuddy. JUST IN: US gas prices drop for the fourth consecutive week, reaching a four-year low. — Watcher.Guru (@WatcherGuru) March 18, 2025 Several analysts credit uncertainty over the state of the economy, including President Donald Trump’s tariffs, as the reason behind the drop. “As concerns over tariffs and policy uncertainties grow, gas prices have continued to decline across much of the country, raising the possibility that the national average could slip below $3 per gallon and approach some of the lowest prices seen in years,” said Patrick De Haan, head of petroleum Analysis at GasBuddy. Will the Gas Price Decline Do More Harm than Good? However, the analyst adds, “This decline shouldn’t necessarily be celebrated, as it comes with...

The US pressed sanctions on Iran and Russia severely affecting the economies of both countries. China has been their ally and regularly initiates trade deals to keep their economy afloat. From procuring oil to natural resources and minerals, the Communist country has provided a steady source of business worth billions. However, the sanctions are making it harder for Iran and Russia to lift their economies and their GDP is affected. Also Read: Jim Cramer Called XRP a Con, Here’s What a $1,000 Bet Then Is Worth Today US Sanctions Must End: Demands China, Russia, and Iran Source: cspforum China, Russia, and Iran held a trilateral meeting in Beijing and called for an end to US sanctions on Tehran. They called the White House’s order “illegal, unilateral sanctions” that have no place in modern times. “We conducted in-depth exchanges of views on the nuclear issue and the lifting of sanctions. We emphasized the necessity of ending all illegal unilateral sanctions,...