Ethereum News by Thebittimes.Com

Pepe Unchained’s ($PEPU) presale has soared to even greater heights in its ICO, earning it the moniker of the notorious P.E.P.U with an impressive $16.5 million in its bag. Just five days ago, this new Pepe meme coin crossed the $15 million threshold, hitting $16 million on Saturday. Kicking off the new week, it raised an additional $500,000, proving to the crypto world that $PEPU is truly the Big Poppa among all Pepe coins. The whirlwind of excitement fueling $PEPU’s presale the past few days stems from a potent blend of factors. A sneak peek of its upcoming Layer 2, shared on its socials last week, has stirred up interest, while the relentless FOMO from crypto whales on Friday has driven the demand for $PEPU even higher. Pepe Unchained’s $PEPU will remain on presale at $0.00989 per token for the next 34 hours, after which the price will shift to $0.0099 in the next funding round. Bitcoin Extends Winning Streak As Another Whale Gobbles ...

The head of blockchain analytics platform CryptoQuant thinks Bitcoin (BTC) is right in the middle of a bull cycle, despite a dip to start the week. Ki Young Ju tells his 346,000 followers on the social media platform X that BTC’s market cap continues to grow faster than its realized cap, a trend that in past market cycles has lasted about two years during the bull phases. If the pattern repeats, the current bull market could last until around April 2025, according to Ju. The realized cap metric records the price of each Bitcoin when it last moved and aims to gauge how many holders are in profit or at a loss. “Hey bears, I’m sorry, but Bitcoin is still in the middle of the bull cycle. When market cap grows faster than realized cap, it may signal a bull market; the reverse could indicate a bear market. This is likely due to more exchange trading in bulls and increased on-chain OTC (over-the-counter) activity in bears.” Source: Ki Young Ju/X Bitcoin is tradi...

The first meme coin, Dogecoin (DOGE), has been performing extremely well over the past week, rallying 10% in price. The asset currently has bulls backing it to continue its surge into October, with Q4 bringing huge gains. One analyst is extremely bullish on DOGE in the near future, predicting a four-digit rally to surpass $1. Crypto analyst Trader Tardigrade recently shared a post to X revealing several indicators that back a monstrous 1,200% DOGE surge. The analyst states that Dogecoin has been trading inside a falling wedge pattern. For context, a falling wedge setup on the charts is a bullish reversal structure. It resolves after an asset’s price pushes past its upper trendline and soars to a length equal to the maximum distance between its upper and lower trendline. Trader Tardigrade says that DOGE appears ready to break out of this pattern, according to recent price performance. This increases the possibility of a bullish streak for the asset that could last anywhere from da...

Ohio state senator Niraj Antani has proposed a bill that would allow residents and businesses to pay taxes using cryptocurrencies. Bitcoiners immediately rejoiced, reposting the news to thousands of likes and over 100,000 views. While the proposal aims to position Ohio as a leader in crypto adoption, it faces significant skepticism regarding its viability. In short, the bill is exceedingly unlikely to become law . The state legislator’s proposed law would compel the state and “all local political subdivisions” to accept bitcoin and other cryptocurrencies as a form of payment for state and local taxes. The bill would also allow state universities and pension funds to invest in crypto. TODAY: I introduced a bill the legalize the use of cryptocurrency to pay state and local taxes and fees. Cryptocurrency is not just the future — it’s the present. I’m proud to be the most pro-cryptocurrency Member of the Ohio Senate. READ: pic.twitter.com/9lpYdkoGWT — Niraj Anta...

The Ethena price rallied more than 10% in the last 24 hours to trade at $0.3993 as of 5:37 a.m. EST as investors buy into the altcoin at a rapid pace. This surge in the ENA price comes as Ethereal, an integrated spot and perpetual futures DEX (decentralized exchange), submitted a proposal to the Ethena community proposing directly integrating the DEX with the Ethena hedging engine and liquidity.  The Ethena Price Approaching Resistance 4-hour chart for ENA/USD (Source: GeckoTerminal ) The Ethena price has formed a medium-term ascending price channel over the last few days after printing a series of higher highs and higher lows during this period. As the altcoin continues to trade within this positive channel, ENA is now attempting to overcome the major resistance level at $0.4340. Breaking above $0.4340 within the next 12 hours might result in the Ethena price continuing to climb in the following 24 hours. However, a rejection from this barrier could invalidate the bullish...

The Dogecoin price dropped 4% in the last 24 hours to trade at $0.1226 as of 3.10 a.m. EST on trading volume that slumped 40% to $877.3 million. While the world’s oldest and largest meme coin is still more than 14% in the green on the 7-day chart, its daily performance saw a strong price dip with the arrival of Sept. 30. Dogecoin Price Prediction The Dogecoin price seemingly found its support at $0.122, and has managed to stay slightly above it over the last several hours, with its price mostly stabilizing. Technical indicators suggest stability as well, although the coin could see a price surge if the bulls regain their strength in the last several hours. Right now, Dogecoin’s Bollinger bands have narrowed compared to their state during the price drop. However, during the drop, the price kept pushing the lower band down, so while narrowing is typically not a bullish sign, the price’s return to the middle point between the upper and lower band is a positive change....

The fear, uncertainty, and doubt index have gone down among crypto investors since the United States presidential election candidate Kama Harris reconsidered her stand about crypto and NFTs. The bullish sentiment has fueled growing confidence in the market, which has affected buying decisions among investors. Below, we have listed five top-selling NFT marketplace coins this week: Top NFT Marketplace Coins By Trading Sales Volume 1. $BLUR $BLUR is a non-fungible token coin from the Ethereum NFT marketplace, Blur, offering users exclusive governance functionalities. This NFT coin has been the top-selling token among digital items launched by various NFT market platforms. In the past 24 hours, $BLUR has raised a trading sales volume of $57 million, up 1.9% from the past day. The $BLUR NFT coin has a market cap of $453 million and a trading price of $0.23. Source: CoinGecko.com, Top NFT Marketplace Coins by volume 2. $SUPER $SUPER is a non-fungible token coin from SuperVerse...

Shiba Inu (SHIB) marketing lead Lucie recently took to X and teased the project’s upcoming stablecoin, SHI. According to the post, the stablecoin initiative aims to bring additional stability and utility to the Shibarium ecosystem. Also Read: Cryptocurrency: Top 3 Memecoins Outperforming Bitcoin Lucie highlights that the SHI stablecoin is currently under critical development and has not been released yet. The marketing lead states, “ Its introduction is expected to significantly enhance the Shibarium network. “ Will SHI Boost Shiba Inu’s Price To $0.01? The SHI stablecoin was first introduced by SHIB’s creator, Ryoshi, in 2021. According to Lucie, “ The original idea for SHI is to peg it at $0.01, though the specific mechanism for achieving this peg has not been determined. “ Also Read: IRFC Shares Might Fall To 115-125 Price Range: Analyst Although the SHIB team has not revealed a launch date for the upcoming stablecoin, many anticipate it to b...

The Shiba Inu team has announced a plan to launch its crypto stablecoin, SHI. SHI is designed to be pegged at $0.01, offering a reliable value for transactions and limiting price manipulation risks. “The SHI stablecoin is a crucial development within the Shib ecosystem, currently in the works and not yet released,” Lucie of the SHIB team wrote in a post to X. “Its introduction is expected to significantly enhance the Shibarium network.” The announcement went on to reveal that SHI will serve as a foundational asset in DeFi applications. It aims to bring in more investors by facilitating lending, borrowing, and yield farming within the Shibarium network. The team added that utilizing a stablecoin like SHI can lead to more secure and predictable transactions, and empower the SHIB community by allowing users to maintain value within the ecosystem. Shytoshi Kusama Also Working on Shiba Inu Stablecoin Image Source: WatcherGuru Also Read: Shiba Inu (SHIB) & Dogecoin (D...

With an upcoming massive airdrop, Tonkeeper, the leading non-custody wallet for the TON (The Open Network) ecosystem, with more than 34 million monthly active users (MAUs), will launch its Battery feature support for Hamster Kombat (HMSTR), a cryptocurrency exchange CEO simulator game. Specifically, Battery, likely available by October 1, once peak airdrop loads subside, will allow players to “charge” their wallets with the airdropped HMSTR tokens and use them to cover TON gas fees, simplifying crypto onboarding, streamlining transaction management and lowering gas costs, as per the information shared with Finbold on September 27. Largest crypto onboarding event At the same time, Tonkeeper expects this airdrop to be the largest onboarding event in TON’s history, bringing millions of brand-new users to the TON ecosystem thanks to the promise of a seamless non-custodial experience for those who wish to have full control over their crypto funds. ...

Viral clicker game Hamster Kombat plummeted more than 29% after debuting today on major crypto exchanges. I nitially trading at $0.014, the HMSTR price picked up another zero to trade at $0.008788 as of 10:02 a.m. EST with a market cap of $564.8 million, according to CoinGecko. The project’s highly-anticipated Season 1 airdrop of the HMSTR token took place at 12:00 p.m. UTC today. 60 Billion HMSTR Tokens Distributed Through Leading Crypto Exchanges Hamster Kombat distributed 60 billion HMSTR tokens to 131 million qualifying players. This represents 60% of the altcoin’s total supply. The team announced that another 15 billion tokens will be distributed during the airdrop’s second season.  🥂 THE MOMENT IS HERE 🥂 🤩 $HMSTR trading has official begun! 🚀 Congratulations, and to the moon, CEOs! pic.twitter.com/a0Yy7VRAxb — Hamster Kombat (@hamster_kombat) September 26, 2024 Trading for the crypto went live on multiple t...

Ripple’s XRP token has had a few rough years. XRP’s price has failed to breach the $1 in almost three years. The lackluster performance in the last few years is likely due to the SEC’s lawsuit against the fintech company. The SEC accused the company of selling unregistered securities and filed a lawsuit in December 2020. Also Read: US Dollar Dominates, But De-Dollarization Advances Rapidly The lawsuit was recently settled, and Ripple paid a $125 million fine. With the lawsuit out of the way, XRP may finally reveal its full potential. Let’s discuss when $1500 worth of the token will become $1 million. When Can $1500 Worth of XRP Become $1 Million? Source – Coinpedia If you purchase $1500 worth of XRP right now, you will receive about 2586.20 coins. For 2586.20 coins to be worth a million dollars, the price of each coin has to reach $386.66. Also Read: Chainlink Climbs 17% In One Week: How High Will LINK Go? The question now becomes when will Ripple’s X...

The Toshi price surged over 63% in the last 24 hours to trade at $0.0001481 as of 7:22 a.m. EST as investors bet big on the meme coin’s short-term future. Top-performing meme coins (Source: CoinGecko ) With the recent increase in the TOSHI price, the crypto has emerged as the best 24-hour performer in the meme coin market, according to CoinGecko. The altcoin also has a comfortable lead over the next best-performing meme coin in the past 24 hours, which was Kitten Haimer (KHAI) with its 41% rise. The Toshi Price Fighting With A Major Technical Barrier 4-hour chart for TOSHI/USD (Source: GeckoTerminal ) The Toshi price is attempting to break above the resistance level at $0.0001477. Overcoming this threshold could give the meme coin a solid foundation to rise off from in the following 24 hours. Traders might subsequently push the crypto’s price up to the next major mark at $0.0001646. However, the Toshi price getting rejected by the $0.0001477 resistance co...