Ethereum News by Thebittimes.Com

The cryptocurrency market is gearing up to commence April on a high note, with most digital assets experiencing increased buying pressure, resulting in a spike in their respective market caps. Currently, several cryptocurrencies have the potential to surpass the $10 billion capitalization mark if the bullish trend continues throughout the month. The upcoming Bitcoin (BTC) halving event further bolsters the bullish sentiment.  Some of the projects with the potential to hit $10 billion already have a market cap close to the threshold. Picks for you Short squeeze alert for April: Two cryptocurrencies with potential to skyrocket 14 mins ago Economist Peter Schiff’s warning to ‘ignorant’ young people preferring Bitcoin 2 hours ago Claude Opus AI predicts Gold price for the end of 2024 3 hours ago Breakout signal: This is the crucial XRP price level to watch 4 hours ago In addition to relying on the continuation of the bull run, these projects could...

The world of meme coins, once a playground for internet jokes and viral trends, is transforming. While some may scoff at the idea of these lighthearted tokens, major institutions are starting to take notice. In a surprising move, Blackrock, the world’s largest asset manager, has dipped its toes into the meme coin pool through its BUIDL fund. This investment signifies a growing recognition of the potential within the meme coin space, paving the way for a new era of innovation and utility. As the crypto community watches with bated breath, one token stands out for its potential to provide investors with exponential returns: Galaxy Fox. With its presale nearing completion, $GFOX could be poised to redefine the meme token market in 2024 with some analysts suggesting it could be one of the best ICOs right now. BlackRock’s bold move into meme tokens BlackRock’s selection of Coinbase as the infrastructure provider for its BlackRock USD Institutional D...

March has been an exciting month for crypto currencies, with a rally that led to a new Bitcoin (BTC)  all-time high near $73,000 and then a correction that saw a significant crash across the board. As the month is drawing to a close – and the month of the highly-anticipated BTC halving is drawing ever nearer – the crypto market is again eying a rise in value, especially given few of the big coins and tokens in the top 100 crypto currencies by market capitalization are in the red on both the daily and weekly charts. Since there is likely to be much excitement in the coming weeks – and likely several major surges – Finbold decided to take a look at a couple of crypto currencies that may well be worth investing $500 or more in April. Picks for you Short squeeze alert for next week: Two crypto currencies with potential to skyrocket 1 hour ago Bitcoin bulls await $15 billion options expiry: Is $80K inevitable? 2 hours ago How much will ...

Mar 29, 2024 at 07:36 // Price Author Coin Idol The price of Litecoin (LTC) has risen above the 21-day SMA after rising above the $77 support. Price Analysis by Coinidol.com. Long-term outlook for the Litecoin price: bullish The recovering altcoin is expected to rise to a high of $105, but will have to overcome an initial hurdle at $94. On the upside, Litecoin will return to its previous high of $105 if it clears the $94 resistance. The positive momentum will continue to the high of $110. However, if buyers fail to clear the initial hurdle at $94, Lit...

Ethena Labs has announced that the ENA airdrop is set for April 2, with trading on exchanges also open. Eligible Shard Campaign participants will be airdropped tokens amounting to 750 million, or 5% of ENA supply. Ethena Labs is set to mark the next step in its decentralization with one of the biggest airdrops in the crypto market. The Ethena Labs team announced that the highly anticipated ENA token airdrop happens next week, on April 2. Trading on crypto exchanges also opens on the day. Per the update, the DeFi protocol’s community will receive a distribution of 750 ENA tokens, which represent 5% of the total supply of 15 million ENA tokens. ENA distribution follows Ethena’s mainnet launch in February and marks the end of the project’s “Shard Campaign”. Users’ engagement and accumulation of “shards” ends on April 1, allowing the community to claim ENA tokens from April 2. ENA airdrop: Who’s eligible?...

With Bitcoin touching a new ATH, the cryptocurrency market has been rejuvenated with new promising activities. The surge of new tokens and meme projects can be daunting for an average user to explore, causing a bit of mayhem at first.  In its bullish prime, the cryptocurrency market brims with new developments and projects poised to distribute handsome rewards. Considering this, our top three affordable cryptocurrency picks can deliver maximum profits in the ongoing bull run phase.  Also Read: 3 Affordable Crypto currencies to Buy in April 2024 Top Three Affordable Crypto Coins That Can Deliver Maximum Profits Source: CoinStats Cryptocurrency #1: Dogecoin Dogecoin is one of the leading meme currencies that has successfully established its reputation as one of the world’s major crypto currencies . CMC describes Dogecoin as appealing to a wider audience beyond Bitcoin, labeling it as a ‘fun, lighthearted project with solid potential.'” The t...

A surge in Solana trading volume and Dex activities continues unabated as the ecosystem regains bullish momentum. Assets in the network are again pricing exciting numbers, with SOL consolidating around its $180 range. The performance of the top trending crypto coins on the Solana chain would likely fuel the breakout of the SOL coin.  Today, Catman, Burrrd, and Popcat are some of the top trending cryptocurrencies in the Solana network. These cryptocurrencies’ performance may signal the Solana chain’s overall outlook in the remaining few days of the quarter. Thus, the details of the project’s outlook and past market data are presented in this update.  Top Trending Cryptos on Solana Chain Furthermore, upcoming events like the SMOG exchange listing might contribute to the overall outlook of the SOL coin in the coming days. Smog has posted impressive performance since its launch, and with its exchange listing, investors can expect further upside. Below Are a br...

In a unique amalgamation of traditional and new-age mechanisms, HSBC, one of the leading global banks, has pioneered the launch of gold tokens to woo investors and traders.  Setting a novel precedent, HSBC has become the first ever bank to launch gold-inspired tokens on a blockchain. This development has been heralded as the new age of contemporary investment, bringing real-world asset utility to the Web3 vertical. Also Read: BRICS: Goldman Sachs Says Central Banks To Drive Gold Price HSBC Launches Gold Tokens on Blockchain In an industry-first precedent, HSBC has become one of the first-ever leading banks to explore GOLD tokens on a blockchain. The bank has notably launched a blockchain-based GOLD investment mechanism, bridging the barrier between traditional and new-age investment options.  Per the press release, HSBC will mint the token on its Orion digital asset platform, allowing users to explore and experiment with it. The facility to access the ne...

Once again, the cryptocurrency market is alive with activity as various digital assets. This includes the meme-inspired Shiba Inu (SHIB), which benefits from a surge in value. This recent spike in interest in SHIB indicates its growing popularity. This is especially true within Europe, where recent data Analysis positions it as the second most sought-after cryptocurrency . A comprehensive study by online gaming experts AskGamblers delved into Google Trends data over the past year, seeking to understand cryptocurrency preferences across European nations. The results uncovered an intriguing trend, revealing shifts in interest within the cryptocurrency space. Shiba Inu’s Rise While Bitcoin remains the top-searched digital asset across Europe, with twenty-one countries displaying significant interest, the emergence of Shiba Inu presents a compelling narrative. Seven countries, including the UK, Russia, France, and Italy, exhibit a notable inclination towards investing in SHIB....

In the rapidly evolving world of cryptocurrency, smart investors are turning to innovative methods to maximize returns. One of these groundbreaking avenues is Bitcoin cloud mining , a process that allows individuals to harness the power of cryptocurrency mining without having to manage a complex hardware setup. This guide will demystify cloud mining and explore its features, benefits, seamless sign-up process, and how it can help investors make money around the clock. About cloud mining ： Cloud mining stands out for its user-friendly features, making it accessible to both experienced investors and newcomers to the cryptocurrency world. Unlike traditional mining where individuals need to purchase and maintain hardware, cloud mining operates through remote data centers. Here are some of the key features: 1. Remote Access: Cloud mining allows users to mine Bitcoin from anywhere in the world without the need for physical equipment. 2. Cost-Effectiveness: Eliminating the need ...

CommEX has announced that it will “completely shut down the official website on 10 May” due to “strategic planning adjustments,” according to a blog post on its support website. CommEX purchased Binance’s Russian operations in September, though questions swirled about the ownership and financial entanglements between Binance and this newly formed entity.  Binance raises red flags by selling Russian arm to brand-new CommEX These concerns were compounded when users noticed that CommEX seemed strikingly similar to Binance , leading many to assume that it was a white-label Binance Cloud-based exchange.  This was compounded by the fact that CommEX offered a ‘Log in with Binance.com’ option, making it easy for users of Binance in Russia to quickly transition to the incredibly similar CommEX .  Even Changpeng Zhao , then-chief exec of Binance , added that BNB users would “continue to enjoy a 25% trading fee discount on” CommEX...

The U.S. dollar dipped against the Chinese Yuan currency during the early Monday morning trade. The Chinese Yuan was the most notable mover as it climbed 0.3% against the U.S. dollar. The Asian currencies performed better today as the U.S. dollar dipped in the day’s trade. Also Read: Russia Calls Oil-Producing Countries To Ditch US Dollar Currency China’s renminbi is receiving support from investors as the dollar reached its peak at 104 in the DXY index. Despite holding on steady, the DXY index experienced a brief dip making the U.S. dollar lose value against Asian currencies. Even the Indian Rupee saw a facelift on Monday after being trampled to an all-time low by the USD on Friday. The Indian Rupee fell to an all-time low of 83.59 on Friday but recovered to 83.46 on Monday’s opening bell. In addition, the Japanese Yuan also performed better against the U.S. dollar reaching 151.31. While the Yen is only slightly higher, the Asian markets’ positive...

Mar 23, 2024 at 23:12 // Price Author Coin Idol Binance Coin (BNB) price has recovered above the 21-day SMA after two rejections at the $640 high. BNB moved lower to $554 price level. BNB price long-term forecast: bullish On the upside, BNB will rise above the $700 overhead resistance if buyers break above the $640 resistance level. The cryptocurrency will fully recover from its dip as long as it stays above the overhead resistance. However, BNB will trade in the bull market if the buyers are successful. According to analytics by Coinidol.com, if the ...