Cryptocurrency News Today TheBitTimes.com

Want to invest in crypto but feel confused? Have you missed an early opportunity and now seek a second chance at cryptocurrency investment? Many investors made millions since the cryptocurrency boom happened, while others missed that chance. Since established coins such as Bitcoin (BTC) are out of reach for an average investor, they seek next-gen coins like VeChain (VEC) or Cardano (ADA) to gain a foothold. However, both these coins have faced their share of challenges and have started going downward, shaking investor confidence. Despite this turmoil, the Qubetics Whitelist came out as a relief for such users. The future of cryptocurrency depends on innovations, and Qubetics (TICS) is here as a next-gen blockchain with value propositions. This article will compare Qubetics whitelist with VeChain and Cardano to determine its potential as the next big thing in crypto ICOs. VeChain – Blockchain to Enhance Business Processes VeChain (VEC) is a blockchain platform that enhanc...

A couple of weeks ago, a new securities offering was added to Bitfinex Securities, intended to raise money to build a Hampton hotel near an airport in El Salvador . The offering hoped to raise $6.25 million in 30 days, however, over halfway through, only $342,000 has been raised, according to the Bitfinex Securities website. This hotel offered unusual ‘benefits’ to investors, including offering free nights if you invested enough, and up to unlimited stays over the five-year bond term if you invested at least $1 million.  Furthermore, the ‘Market Study Update’ issued by Horwath HTL and distributed alongside this offering submission suggests that the hotel is projected to make $2.7 million in total revenues . This is somewhat surprising as construction is yet to be completed, and the fundraising documents on Bitfinex Securities state that construction will take “less than 12 months,” leaving little time to hit that target. A quick check in on B...

Bitcoin (BTC) again retraced from its current price range’s resistance back to $67,000 and now trading at $68,300. However, the leading cryptocurrency has been building strong momentum that could soon pay off with a possible range breakout. This 3-month price range, particularly, has built support at $60,000 and resistance at $72,000, with two deviations. The first deviation led to new highs at $73,805, upwards, while the second reached slightly above $56,500, downwards. Nevertheless, BTC has managed to keep trading above its 30-day exponential moving average (30-EMA) at $66,628 since May 15. The daily relative strength index (RSI) also marks a neutral-to-strong 55.09, which could fuel a potential breakout soon. Picks for you Bitcoin exhibits mid-2020 vibes as whale wallets accumulate $1B daily 7 mins ago ...

A widely followed crypto analyst believes one artificial intelligence (AI) focused altcoin project is about to outperform the broader market. Pseudonymous crypto trader Altcoin Sherpa tells his 216,400 followers on the social media platform X that decentralized GPU rendering blockchain Render (RNDR) has a strong-looking market structure. “RNDR: still a fine place to just buy and hold RNDR in my opinion. I think this is a strong one in the coming weeks. No volatility on it though so it’s a bad active trading vehicle.” Source: Altcoin Sherpa/X Looking at his chart, the trader suggests Render is holding the middle of the trading range as support and is about to break out to the upside. Render is trading for $10.28 at time of writing, up nearly 3% in the last 24 hours. Next up, the trader warns that Lido DAO (LDO), an Ethereum (ETH) staking project, may soon retest lower Fibonacci retracement levels. “LDO: bidding $2.10-$2.30.” Sourc...

Neo is thrilled to announce a collaboration with ZNS Connect, a leading decentralized naming system, to explore the exciting potential of Web3 identities on the innovative Neo X sidechain. ZNS Connect will be the first official name service provider on Neo X. This strategic partnership promises to deliver several benefits to users, including: Memorable Domain Names : Users will have access to exclusive, user-friendly, and memorable domain names. Web3 Identity Support : The partnership will facilitate the development of Web3 identities. Interaction with dApps : Users will be able to interact seamlessly with various decentralized applications (dApps). Cross-Ecosystem Experience : The collaboration aims to provide a smooth experience across different blockchain ecosystems. ZNS Connect boasts a proven track record, having served as the name service provider for major blockchains like BNB Chain, OKX L2, and Polygon. Introducing “.neox” Domains Get ready for the upcoming launch of...

Payments giant PayPal says that its stablecoin, PayPalUSD (PYUSD), is expanding onto the blockchain of smart contract platform Solana (SOL). In a new company press release, PayPal says that the dollar-pegged crypto asset PYUSD – which launched in August 2023 in collaboration with the Paxos Trust Company – is now available on Solana, making it cheaper and faster to use. “The Solana blockchain is known for processing massive amounts of transactions at high speeds with extremely low costs, providing significant benefits for commerce use cases. As the most used blockchain for stablecoin transfers, according to data from blockchain analytics platform Artemis, Solana has emerged as the leading blockchain to run tokenized transactions and is ideal for PYUSD as it continues to be used for payment use cases.” Last month, PayPal rolled out a feature that would allow consumers to send remittances in the form of PYSUSD to over 160 countries via Xoom, a money tran...

Key takeaways  The Memeinator presale has raised more than $7.7 million Memeinator is scheduled to list on both Uniswap and MEXC at 3pm UTC today A second staking pool also opened yesterday, offering up to 60% APY Memeinator will list on Uniswap and MEXC today With Memeinator wrapping up its presale after raising a staggering $7.7 million, the project’s development team has confirmed that the $MMTR token will list on multiple exchanges today .  The token is scheduled to list on both Uniswap and MEXC at 3pm UTC. A meme coin with genuine utility The MMTR token aims to not only dominate the meme trading space of the future, becoming a staple amongst top tier meme coins, it will have genuine utility, providing access and perks in new products such as the Memescanner and the Memeinator Game. Memeinator’s community is aiming for success similar to that of its competitor, PEPE, which recently achieved a $6 billion market cap with a price ...

Oddiyana invested to RunesFi a one-stop infra hub on Bitcoin. Bitcoin’s Ordinals have evolved substantially with the introduction of standards like BRC-20 and its derivatives, such as SRC-20. These advancements have established Bitcoin as a key platform for diverse web activities. However, this innovation has also caused network congestion and cluttered data flow, impacting Bitcoin’s overall efficiency. RunesFi aims to capitalize on the burgeoning DeFi ecosystem on Bitcoin, which holds a market potential of around $100 billion. Runes offers a faster, more streamlined, and efficient method for embedding data in Satoshis. Its mission is to make DeFi on Bitcoin’s secure network accessible to a wide audience, from beginners to experienced users. The Partnership Goal Leveraging extensive industry knowledge and experience, Oddiyana Ventures is poised to significantly contribute to RunesFi’s strategic planning, marketing efforts, and growth acceleration. In addition to providing a wide ...

Ripple ’s XRP token has struggled to find a footing in the last few years. Although XRP is one of the most popular cryptocurrencies for cross-border remittances, the asset’s value has significantly fallen since 2018. XRP hit an all-time high of $3.40 in January 2018, over six years ago. While many cryptocurrencies hit their respective highs in 2021, XRP did not rally much. Also Read: Ripple Bounces Back to $0.52 as Whales Grab $55M in XRP Despite the lack of momentum in the last few years, XRP continues to be one of the most utilized cryptocurrencies in the market. The asset is currently down by nearly 85% from its 2018 peak. Let’s look at how XRP can regain its all-time high. Top 3 things that can take Ripple’s XRP to $3.40 One of the most significant barriers to XRP’s price is Ripple ’s ongoing lawsuit with the US SEC (Securities and Exchange Commission). The SEC filed its suit against Ripple in December 2020. The lawsuit is like...

BladeOfGodX Collaboration with NinjaGameGuild, BladeOfGodX released a guide in where users can join and participate in upcoming rewards. Gameplay Guide Overview A summary of the new Features and adjustments for this playtest: As BladeOfGodX Collaboration with NinjaGameGuild. Introduction of AI Agent and Soul Core Minting functionalities, allowing players to experience AI-assisted combat, token unlocking, and obtain Mintable Soul Card NFTs. Addition of the new character Chaos, who can undergo class advancement at level 18. Introduction of a new gameplay mode called God’s Challenge. Adjustments and improvements to the cooperative gameplay of Ancient Gods and Two Souls. Introduction of new player objectives. Optimizations made to the overall game flow to enhance the player experience. Concept Guide AI Agent: can be trained to act as battle agents, assist in combat, help unlock tokens, and help earn additional rewards. Mint: can turn Mintable Soul Cores into Soul Card NFTs. $tBOGX: tokens...

Dogeverse’s impressive presale, which raised over $15 million, has attracted investors and fueled optimism for the project’s long-term success. As it nears completion, Dogeverse continues to generate excitement in the crypto community with its upcoming exchange listing. Some speculate this listing could deliver 100x returns to early investors. How Dogeverse redefines meme coins with multi-chain capabilities Dogeverse touts itself as the world’s first chain-traveling Doge, setting itself apart from typical meme coins by being multi-chain right from the start. Unlike other meme coins that often start on a single blockchain and later bridge to others, Dogeverse is designed to seamlessly integrate across multiple blockchains. Dogeverse offers a unique advantage by being interoperable across multiple prominent blockchains, including Ethereum (ETH), Binance Smart Chain (BNB), Polygon (MATIC), Avalanche (AVAX), Coinbase Network (BASE), and Solana (SOL). This multi-chain...

Nomura Holdings and Laser Digital have partnered with GMO Internet Group on a new stablecoin-focused project. The companies will collaborate in the issuance, redemption and circulation of Japanese yen and US dollar-pegged stablecoins in Japan Nomura Holdings, the Japanese banking and investment giant, is teaming up with GMO Internet Group to explore the issuance of fiat-backed stablecoins in Japan. The collaboration, according to an announcement published on Monday, will see Nomura Holdings, through its digital assets arm Laser Digital, support the issuance, redemption and circulation of Japanese yen (JPY) and US dollar-(USD) denominated stablecoins. Eyeing the stablecoin market in Japan As well as JPY and USD stablecoin s, Nomura and GMO plan to offer a “Stablecoin-as-a-Service” solution. The project will support companies looking to issue stablecoin s for the Japanese market.  Users of this new service will benefit from aspects such as re...

With its presale reaching over $15 million and nearing its conclusion, Dogeverse is generating speculation that it might become the next meme coin to surge in value upon listing on exchanges. This marks investors’ final opportunity to get involved with Dogeverse (DOGEVERSE), as the presale will end in just seven days. Dogeverse gains momentum: Marketing efforts and exchange listings spark expansion Breaking the mold of traditional meme coins, Dogeverse leverages versatility across multiple blockchains. This expansive reach, available on Ethereum (ETH), Binance Smart Chain (BNB), Polygon (MATIC), Avalanche (AVAX), Base (BASE), and Solana (SOLANA), fosters a broader investor base and fuels significant growth potential. Dogeverse, inspired by the concept of “Cosmo the chain-hopping Doge,” operates across six major blockchains, carving out a distinct niche in the cryptocurrency landscape. It aims to establish a holistic ecosystem encompassing gaming, decentralized fi...

In light of Nvidia’s (NASDAQ: NVDA) impressive performance over the past decade , financial and cryptocurrency experts now anticipate a significant shift, predicting that the tech giant has “near zero chance ” of outperforming Bitcoin (BTC) in the upcoming decade .  This forecast is part of a wider discussion on the evolving dynamics between traditional high-growth tech stocks like Nvidia and growing digital currencies such as Bitcoin. Nvidia, a leader in the semiconductor industry, recently celebrated a remarkable milestone with its stock price soaring following the latest earnings report.  Picks for you Long squeeze alert: This cryptocurrency could crash 30% soon 5 mins ago 'Severely undervalued,' says influe...

The news of ETH ETF approval is currently making rounds, but the market has witnessed little to no price action. The BTC ETF approval gave birth to the current bull run. Likewise, many traders and investors have anticipated a similar trend for the ETH ETF. Contrary to widespread expectations, we’ve seen a consolidation trend rather than a rally.  Despite the announcement, BTC recorded a price dump of over 5%, and a handful of coins switched to a sideways trend. The overall market outlook has remained neutral, even after a significant SEC move. Nevertheless, The top trending cryptocurrencies on the Avalanche chain, for example, have shown resilience in the face of the consolidating market. The article reveals the detailed price action of these tokens.  Trending Cryptocurrency Tokens on Avalanche Chain Also, diversification is one of the ways to bulletproof a crypto investment portfolio in the heat of price uncertainties in the market. Hence, it’s essential to exp...