Features News Today TheBitTimes.Com

One $135 purchase of an Ethereum (ETH)-based meme coin known as First City in Mars (TERMINUS) has been gaining traction in recent weeks as possibly the most profitable cryptocurrency market trade of 2024. In fact, the trade executed on Uniswap on September 8 had rocketed nearly 1,000 times by September 21 and rose to a value of $1.2 million just days later, per the data Finbold retrieved in the early morning of September 24 from Lookonchain. The rise from $135 to $1.2 million means that the trade has multiplied approximately 9,000 times in a little more than 15 days, making it one of the most lucrative buys on record. Picks for you Bybit launches the world-first Islamic crypto account 1 hour ago Cryptocurrency trader turns $800 into $1.3 m...

In what is a massive development for the network, Coinbase has announced that it is bringing a wrapped Bitcoin offering (cbBTC) to the Solana network. Indeed, the cryptocurrency exchange unveiled the move at Solana’s Breakpoint 2024 event that took place in Singapore this past week. There is no specific launch date, but the expansion is certainly a testament to the blockchain’s popularity. Coinbase certainly isn’t alone. Traditional finance entities like Franklin Templeton and Citigroup announced that they would be launching services on Solana. Thereby, continuing to fortify its position in crypto. Source – Bitcoinist Also Read: Solana: Franklin Templeton & Citi Announce Network Adoption Coinbase cbBTC Coming to Solana as Network Notes Another Win There is no denying the prevalence of Solana. A network that had been dubbed the ‘Ethereum Killer’ is certainly living up to its name in 2024. It has been the go-to blockchain for several massive projects th...

Meme coins continue to captivate cryptocurrency investors that want some high-return opportunities. In this guide, we will explore three great altcoins priced under $0.01 that could see some explosive growth by 2025. These are the best meme coins to invest in, and, as a result, they have captured everybody’s attention. These coins have some great and unique Features , and they have also performed recently. Also Read: XRP to Skyrocket? MicroStrategy Chairman Predicts Bitcoin at $13M! Unlock Massive Gains With The Best Meme Coins To Invest In 1. PEPE – The Deflationary Altcoin Frog Token PEPE , the meme coin inspired by the popular Pepe the Frog meme, has been getting some well-deserved attention in the market. The coin is built on an Ethereum base, and this deflationary token employs a coin-burning mechanism to increase scarcity over time. In mid-2023, PEPE’s market capitalization reached an impressive $1.6 billion. According to price predictions, PEPE could hit an average pr...

The decentralized oracle network Chainlink (LINK) continues to outpace all other ERC-20 projects in terms of development activity, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Chainlink registered 624.17 notable GitHub events in the past 30 days, more than double the number of the second-ranked project, Ethereum (ETH), which clocked 298.8. The oracle project also topped the list in June and August. The decentralized finance (DeFi) protocol Synthetix (SNX) came in third with 289.93 notable GitHub events. Source: Santiment/X An ERC-20 project is a standard that developers use to issue tokens on the Ethereum blockchain and virtual machine. Santiment notes that it doesn’t count routine updates and utilizes a “better methodology” to collect data for GitHub events based on a “backtested process.” The analytics firm has previously said that heavy development activity centered around a crypto project indicates ...

Bitcoin’s (BTC) sentiment appears to have turned bearish as analysts eye sub-$50,000 price targets, preparing for a crash. The leading cryptocurrency shows weakness at resistance, potentially making another lower high – continuing in a downtrend. Since reaching $73,800 and making a new all-time high (ATH) in March 2024, Bitcoin has clearly displayed a downtrend. In this context, Alan Santana, a reputable analyst, warned his followers to “prepare for a crash” down to $40,000. “Lower highs is a bearish signal. Bitcoin has also been printing lower lows. A lower high leads to a lower low in the bigger structure. This means that Bitcoin dropping now, as it is expected, would send prices below 49K. The next fib. level below 49,000 sits around 40,000 – 43,000. That’s the main target for this drop but it can go lower. Prepare for the crash.” – Alan Santana Picks for yo...

Crypto All-Stars ($STARS) has eclipsed the $1.4 million mark amid the market capitalization of meme coins bouncing back to $41.5 billion on Friday.  The recent renewed fervor for meme coins has raised hopes among crypto investors for a bull run in the next quarter.  If that materializes, the returns these tokens could generate during the historically bullish months of October and November could complement the additional gains from Crypto All-Stars’ upcoming unified meme coin staking protocol. This protocol, called the MemeVault, allows investors to stake their meme coin holdings together. Whether it’s Dogecoin ($DOGE), Brett ($BRETT), or PepeCoin ($PEPECOIN), all can be staked in the MemeVault for a singular reward in the project’s native token, $STARS.  The Crypto All-Stars presale has generated its total accumulated funds at a per-token price of $0.0014535 and lower.  Investors looking to help Crypto All-Sta...

By CICC At its September meeting, the Federal Reserve cut rates by 50 basis points, with its monetary policy statement emphasizing the goal of maximum employment. The Fed's actions indicate that its reaction function has shifted entirely from focusing on inflation to prioritizing employment. Officials have little tolerance for rising unemployment and do not want to jeopardize the positive outlook for a "soft landing" due to excessive tightening. Looking ahead, we believe the Fed will likely maintain a "dovish" stance until the labor market stabilizes. In the short term, the rate cuts increase the likelihood of a soft landing in the U.S., but the combination of "loose fiscal and monetary policies" could also raise medium-term inflation risks. This meeting came against the backdrop of slowing inflation in the U.S. over the past two months, coupled with signs of weakening in the labor market. The market was eager to see how the Fed would respond to these ...

The Bitcoin market is currently facing uncertainty as analysts debate how interest rate reductions might influence its market trajectory. The cryptocurrency has dipped below $60,000, suggesting growing apprehension among bullish investors. Following the Federal Reserve’s interest rate announcement on September 18th, Bitcoin’s volatility is likely to increase, but a sustained price movement in either direction seems improbable. After an initial market reaction, the price may stabilize within its existing trading range of $52,500 to $73,777. Regarding the short-term impact of rate cuts, analysts hold differing perspectives. Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom, predicts a potential market decline due to a narrowing interest rate gap between the US dollar and the Japanese yen. Crypto market data daily view. Source:  Coin360 In contrast, quantitative Bitcoin and digital asset fund Capriole Investments founder C...

The Nervos Network price has surged 17% in the last 24 hours to trade at $0.01841 as of 3:25 a.m. EST, fueled by a 351% pump in trading volume to $678 million. This CBK price pump has contribute to its 113% surge over the past week, fueled by its recent listing on the Upbit crypto exchange. The daily price surge made CBK the top gainer among the top 100 cryptocurrencies by market capitalization, according to CoinMarketCap. 신규 디지털 자산 너보스(CKB) 거래지원 안내 ✅ 지원 마켓: KRW, BTC, USDT 마켓 📅 거래지원 개시 시점: 2024-09-13 17:00 예정 🔗 공지 바로가기:https://t.co/Zys7A2zGTj#Upbit #CKB pic.twitter.com/8oxTc7g319 — Upbit Korea (@Official_Upbit) September 13, 2024 Nervos Network is a proof-of-work layer-2 project that aims ...