Features News Today TheBitTimes.Com

Summary: ⚈ Bitcoin is trading near $96,739 and aiming to break $100,000 soon. ⚈ Key levels to watch are $94,657 (support) and $97,828 (resistance). ⚈ High RSI suggests BTC may face short-term downside before another rally. After threatening to end the bull cycle before coming close to the previously forecasted cycle tops near $200,000, Bitcoin (BTC) broke out in mid-April and is once again promising to reclaim the psychologically important $100,000 level. Specifically, after falling to 2025 lows near $75,000 on April 7 and April 8, as Liberation Day tariffs pushed stock and cryptocurrencies lower, and bond yields and gold higher, BTC set an upward course and achieved a multi-month high above $97,000 on May 1. The subsequent correction, as relatively mild as it has been, demonstrated that Bitcoin’s journey will not be smooth.  Indeed, the world’s premier cryptocurrency has entered a seemingly stable zone between $96,000 and $97,000 in the last 24 ho...

StaFi, a multi-chain liquid staking derivatives (LSD) protocol, has announced it would support the EigenLayer Liquid Restaking Token (LRT), according to the information shared with Finbold on May 10. The integration accompanies the release of the StaFi 2.0 roadmap, outlining plans for the LRT Stack and representing a significant milestone just a month after launching LSaaS (Liquid Staking as a Service). Leveraging the success of the EigenLayer mainnet launch The addition of LRT support leverages the successful launch of the EigenLayer mainnet, enabling developers and project teams to seamlessly deploy LRT on LSaaS, greatly streamlining LRT development and enhancing the accessibility of restaking. Picks for you Ripple v. SEC case update as of May 10, 2024 4 mins ago Bull rally incoming as Ethereum whale stacks over $32M in ETH since May 2 hours ago Crypto insider turns $600 into $2.5 million of unrealized profits 2 hours ago We asked ChatGPT what will b...

Dogecoin (DOGE), the popular meme coin, is currently trading near a crucial support zone between $0.146 and $0.151.  This price range is being closely watched by analysts, as a break below it could signal further bearish movement. Crypto analyst, pseudonymously known as BitLuxe , stated in a X (formerly Twitter) post on April 16: “Consider a long position with tight stop loss, but watch for bearish signs below this zone,” the expert noted. Picks for you Biden vs. Trump in crypto: This is how ‘Boden’ fares against Trump Cards 17 mins ago 2 cryptocurrencies to reach $1 billion market cap in April 48 mins ago Bitcoin’s new resistance and support levels to watch this week 2 hours ago 1inch Swap API now integrated by Magic Square, with Swap Competition on the way 2 hours ago DOGE price chart. Source: X The cryptocurrency analyst’s post also highlights that if the current support fails to hold, Dogecoin could find its next potential suppo...

Lido has announced support for 1inch as a withdrawals aggregator. 1inch will allow ETH stakes to skip the withdrawal queues with instant swaps between staked Ether (stETH)/wrapped staked Ether (stETH) and Ethereum (ETH. Lido, the top liquidity staking protocol for Ethereum, has announced support for 1inch as a withdrawal s aggregator . The Lido team noted in their announcement on Wednesday that adding the decentralized exchange aggregator allows users to access instant swaps for their staked Ether (stETH) and wrapped staked Ether(wstETH). The feature also works for Ethereum (ETH). “ 1inch is a DeFi aggregator optimised for Ethereum, BNB Chain, Optimism, Polygon and other chains. By aggregating prices across hundreds of DEXs, 1inch guarantee you the best rates for all trades ,” Lido posted on X. ETH stakers on Lido can unstake their st ETH or wst ETH via DeFi aggregator s, which allows them to skip withdrawal queues by enabling st ETH to ET...

Ripple’s chief technology officer, David Schwartz, has recently expressed his views on a new governance proposal for the XRPL Foundation. In an X post on Jan. 29, Schwartz highlighted the significance of community involvement in shaping the proposal, which he referred to as a “straw man” and as a preliminary concept intended to kickstart discussions and attract a wide range of ideas. Appreciate this public clarity from you, @sappenin. David also shared his proposal with me as a courtesy beforehand, as he did with XRPLF, and the Foundation was receptive to the proposal. At the end of the day though, he, like any other community member, doesn’t need… — David "JoelKatz" Schwartz (@JoelKatz) January 29, 2024 Schwartz emphasized the proposal’s goal to improve the transparency and democratic nature of XRPL governance . He pointed out that presenting such ideas does not require special permission, as every community member is entitled to contrib...

Allegations Against President Biden Speaker McCarthy’s proposal for an impeachment investigation is based on his claim that President Biden lied to the American people about his awareness of his family’s international business dealings.  advertisement McCarthy and other Republicans have accused Biden of benefitting from his son Hunter’s business operations while serving as Vice President under President Barack Obama.  The impeachment inquiry will be led by GOP Rep. James Comer of Kentucky, Chair of the House Oversight Committee, in coordination with Rep. Jim Jordan of Ohio, Chair of the Judiciary Committee, and Rep. Jason Smith of Missouri, Chair of the Ways and Means Committee.  McCarthy’s move to initiate an impeachment inquiry comes amid increasing pressure from right-wing Republicans to take a more aggressive stance against President Biden in the run-up to the 2024 presidential election. With a looming government shutdown dead...