Ethereum News by Thebittimes.Com

Though it has hardly been a week since Bitcoin (BTC) was above $108,000 and three since it stood over $106,000, the world’s premier cryptocurrency has once again fallen below $100,000. Specifically, following a 5.78% drop in the last 24 hours, BTC is, at press time, changing hands at $98,732.  The downturn can be linked to a broader downturn that had affected American markets and assets with substantial exposure to the U.S. after China made its novel artificial intelligence (AI) model open source – freely available. Picks for you Robert Kiyosaki warns ‘biggest crash in history’ will be in February 33 mins ago Funtico launches TICO to bolster gaming ecosystem 56 mins ago ...

Several crypto investors view meme coins skeptically. This skepticism stems from their volatile nature and perceived lack of utility. Despite this, some new meme coins have achieved widespread recognition, drawing significant attention to the crypto market. This review explores a curated list of relatively new meme coins, focusing on their use cases, tokenomics, collaborations, and price movements. By offering a well-rounded and thorough Analysis , this guide helps readers understand these tokens and their future potential. Continue reading to uncover these promising gems. New Meme Coins to Watch Pudgy Penguins, Cheems, and Slerf are showing significant value growth. Savvy investors accumulate meme coins to secure substantial returns by next year. Meanwhile, Best Wallet Token is quickly capturing attention, with its presale raising almost $8.3 million so far. Participants can earn points by completing daily and seasonal quests, which are then converted into $BEST tokens. 1. Pudgy ...

President Trump’s crypto project World Liberty Financial (WLFI) has now acquired over $388 million worth of digital assets, according to on-chain data. Blockchain “de-anonymizing” platform Arkham reports that World Liberty Financial boosted its crypto holdings after making large Ethereum (ETH) and Tron (TRX) purchases late on Friday. “DONALD TRUMP’S PROJECT WORLD LIBERTY FI BUYS AND STAKES 4,700 ETH ($15 million), PURCHASES $2.65 MILLION TRX AS TRUMP PLEDGES TO DEVELOP NATIONAL DIGITAL ASSET STOCKPILE.” Source: Arkham/X The project recently joined the top 0.1% of all Ethereum stakers with its aggressive ETH accumulation spree. On the day of Trump’s inauguration, World Liberty Financial bought $47 million worth of ETH, $47 million worth of Wrapped Bitcoin (wBTC), $4.7 million worth of Aave (AAVE), $4.7 million worth of Chainlink (LINK), $4.7 million worth of Tron (TRX) and $4.7 million worth of Ethena (ENA). While accumulating ...

Two widely followed crypto traders say President Trump may have made one of the biggest financial blunders in modern history moments before taking office. In a new video on the state of the markets, pseudonymous analysts DonAlt and Cred say the launch of Trump’s official memecoin (TRUMP) potentially squandered a massive fortune for the 47th President. After its initial launch on January 17th, TRUMP soared to a $72 billion fully diluted market cap in a couple of days, making it among the top 20 crypto assets in existence – with Trump and his affiliates holding 80% of the supply. Then, Trump abruptly launched a second official coin called MELANIA, which triggered an immediate crash in the price of TRUMP as investors realized their coins can essentially be diluted by new Trump family tokens. Crypto trader Cred says the move hammered the seemingly unstoppable rise of TRUMP. “It feels like one of the worst decisions of modern financial history, not to be ...

Ethereum (ETH) has once again become the focal point of market speculation, surging to $3,400 after a near 6% gain in a single day, with its market capitalization now standing at $409.77 billion. As January draws to a close, traders and institutional players alike are eyeing Ethereum’s short-term prospects, with AI-powered models presenting a mixed but intriguing forecast for its trajectory by January 31, 2025. Artificial intelligence-powered analytics paint a multifaceted picture of ETH’s potential price evolution. Projections derived from Finbold’s AI analytical models forecast Ethereum trading within a band of $3,450 to $3,650 by January 31, 2025. Picks for you Bitcoin staking and restaking open doors for passive income with BTC – Here’s how 52 mins ago ...

President Trump has officially eliminated a controversial guideline from the U.S. Securities and Exchange Commission that effectively prevented US banks from holding crypto assets. The new administration just rescinded Staff Accounting Bulletin 121, which forced banks to identify crypto assets held on behalf of their customers as liabilities on their balance sheets. A bill aiming to eliminate the guideline passed both the House and the Senate last year, but President Biden vetoed the bill. Although the issue is a top priority among crypto proponents, the removal of the rule was not a campaign promise. Bank of America CEO Brian Moynihan recently said American banks are ready to jump at the chance to custody crypto assets. “If the rules come in and make it a real thing that you can actually do business with, you’ll find that the banking system will come in hard on the transactional side of it.” Source: https://thebittimes.com/president-trump-eliminates-s...

The Pepe Unchained price has surged 11% in the last 24 hours to trade at $0.01438 as of 7:00 a.m. EST on a 22% jump in trading volume to $4.9 million, trending second on GeckoTerminal. Pepe Unchained Price Rebounds On A Strong Support The PEPU/USDT pair on the 4-hour timeframe illustrates the potential for a bullish reversal pattern as the price bounces in successive bullish candlesticks from a strong support level. The bulls seem to have capitalized on the strong support zone following a prior bearish trend phase. If the price successfully breaks above the $0.015 resistance level, it could rally toward the projected target of $0.025. This $0.015 level represents a significant psychological and technical milestone, especially for bullish traders seeking confirmation signals. PEPUUSD Analysis Source: Dextools.io There is also a strong support zone between $0.008 and $0.010, where buyers have consistently stepped in to defend the price during pullbacks. This support is further rei...