Cryptocurrency News Today TheBitTimes.com

Last week, Bitcoin rebounded strongly, reaching $65,000 after a significant drop below $50,000, while Ethereum also reclaimed the $2.5K mark. With the current market optimism and positive social sentiment, numerous analysts have predicted the emergence of an altcoin season. The last quarter of the year often brings a bullish trend in cryptocurrency prices, offering an opportunity to recover potential losses. In this article, we’ll explore five altcoins considered strong investment prospects as we approach October, a month historically known for positive movements in the crypto market. We will provide an Analysis of these altcoins, including Optimism, Ethereum, Wormhole, Pepe, and Pyth Network, highlighting their potential for growth based on fundamental, technical, and price action factors. Optimism (OP) Optimism is presented as a strong contender due to its role as a Layer-2 blockchain on Ethereum, benefiting from Ethereum’s security and scalability through optimistic rollups. As

The Floki price has plummeted 19% in the last 24 hours to trade at $0.0001263 on a 38% surge in trading volume to $972 million. This drop in price comes from data from Spotonchain revealing that a wallet address associated with FLOKI resurfaced in the market after being dormant for 2.5 years. The $FLOKI price is 🔻 17.7% in the past 24 hours. A wallet linked to @RealFlokiInu returned after 2.5 years of dormancy and deposited 15.22B $FLOKI ($2.27M) to #Binance 9 hours ago, just before the price plunged. These $FLOKI were released from the Floki deployer to this… pic.twitter.com/9eDNqy3Mhr — Spot On Chain (@spotonchain) August 30, 2024 The whale deposited 15.2 billion FLOKI tokens, valued at approximately $2.27 million, into the crypto exchange Binance. This substantial transaction occurred just before the price drop. Additionally, it was noted that the FLOKI tokens held by the whale wallet were originally released by the Floki deployer in early 2022 when they were priced at aro

Linear Finance is a pioneering force in the decentralized finance (DeFi) sector. In the latest development, the company has launched a diversified Linear Marketplace, an innovative platform designed to transform peer-to-peer trading in the digital asset space. This unique marketplace will facilitate transactions involving both tokens and NFT Keys – digital assets representing locked or vesting token allocations – setting a new benchmark for liquidity and flexibility within the DeFi ecosystem.  The Linear Marketplace is focused on reshaping the way early-stage and illiquid tokens are traded, offering a vibrant and dynamic environment for assets that have yet to make their debut on major exchanges . By incorporating advanced escrow services, the platform ensures that users can designate specific recipient wallet addresses, thereby maintaining privacy in their transactions. For those looking to expand their reach, the Crowdfill function allows sellers to make their offerings availabl

Taking a somewhat unconventional approach to investing, Robert Kiyosaki, author of the finance book “Rich Dad, Poor Dad,” prefers investing in cryptocurrencies and commodities such as gold and silver to traditional stock market investing. Even there, his approach differs from the traditional “buy the asset for a profit,” instead, Kiyosaki prefers to view his investments as a hedge against inflation and the losing value of the U.S. dollar. MONEY is an interesting subject. Everyone in the modern world uses money…regardless if they earn the money or not. If you are born into a rich family…you may be lucky….yet history shows many family fortunes are gone by the third generation. I began studying money when I… — Robert Kiyosaki (@theRealKiyosaki) July 28, 2024 What might surprise investors is that “Rich Dad” decides to invest directly in commodities production, such as investments in oil wells, gold, and silver mines.

The Floki price surged by a fraction of a percentage in the last 24 hours and 14% in the last week to trade at $0.0001527 as of 00:41 a.m. EST, on trading volume that dropped 11% to $791 million. According to on-chain metrics from IntoTheBlock, holders making money at the current price are higher, with a 75% surge. Floki Price To Continue Soaring The Floki price has been on a tear in the last week, as FLOKI soared from the $0.00012 level, but the bulls have been unable to breach the $0.000160, according to data from GeckoTerminal . The recent price movements in the last seven days have formed an ascending triangle pattern as the bulls aim to sustain the bullish stance over the triangle. FLOKI now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the current bullish rally. The Relative Strength Index (RSI) trades in equilibrium at 52 but shows signs of an uptrend. If the bulls peak momentum at this level, FLOKI could soar above the triangle, as th

Taking a somewhat unconventional approach to investing, Robert Kiyosaki, author of the finance book “Rich Dad, Poor Dad,” prefers investing in cryptocurrencies and commodities such as gold and silver to traditional stock market investing. Even there, his approach differs from the traditional “buy the asset for a profit,” instead, Kiyosaki prefers to view his investments as a hedge against inflation and the losing value of the U.S. dollar. MONEY is an interesting subject. Everyone in the modern world uses money…regardless if they earn the money or not. If you are born into a rich family…you may be lucky….yet history shows many family fortunes are gone by the third generation. I began studying money when I… — Robert Kiyosaki (@theRealKiyosaki) July 28, 2024 What might surprise investors is that “Rich Dad” decides to invest directly in commodities production, such as investments in oil wells, gold, and silver mines.

The Pepe price has plunged 10% in the last 24 hours to trade at $0.000007725 as of 2:30 a.m. EST on a 92% surge in trading volume to $1.5 billion. This recent price drop places PEPE among the top 100 losers by market capitalization, according to CoinMarketCap data. Pepe Price Technical Analysis: Potential For Bullish Reversal Within Falling Wedge Pattern The PEPE/USD trading pair on a daily time frame shows a continuation of the Falling Wedge pattern, which is typically considered a bullish reversal signal. The price is currently consolidating near the lower trendline of this pattern, suggesting that it may be preparing for a potential upward breakout. The key support zone around the $0.0000007710 level has held firm, indicating buying interest at this level and preventing further decline. PEPEUSD Analysis Source: Dextools.io PEPE is trading below the 50-day Simple Moving Average (SMA) at $0.0000009522 and the 200-day SMA at $0.0000008725. The 50-day SMA acts as a resi

A crypto startup looking to onboard new talent is attempting to weed out possible North Korean spies with an ingenious test that asks candidates to say one simple thing: “Fuck North Korea.” According to g8keep co-founder Harrison Leggio — known as Pop Punk on X (formerly Twitter) — North Korean engineers can be outed by asking them to say something negative about North Korea and Kim Jong Un.  To demonstrate this, he shared an interaction with a potential recruit applying for a developer role. When asked to say the words “ I hate Kim Jong Un, Fuck North Korea ,” the potential recruit “immediately” deleted the chat.  This is how you identify a North Korean engineer. I asked him to say something negative about North Korea and Kim Jong Un and he immediately deleted the chat. pic.twitter.com/8zAtb3qML6 — Pop Punk (@PopPunkOnChain) August 26, 2024 Users on X are already joking about using the North Korea litmus test in their own online chats. Software engineer Laurence E. Day said, “T

The number of Bitcoin millionaires skyrocketed 111% in the last year due to rising crypto prices as an analyst predicts BTC will rise to $150K by the end of 2024. According to the Crypto Wealth Report 2024 compiled by Henley and Partners, the number of Bitcoin millionaires across the globe more than doubled in the last year to 85,400 people as of July 30. A 95% In Crypto Millionaires Overall Bitcoin is not the only crypto that has created more millionaires. According to the report, there are currently 172,300 people worldwide who hold over $1 million worth of digital assets. This is around a 95% increase from the 88,200 crypto millionaires the same time last year. There has also been an increase in the number of crypto centi-millionaires, who are people that have grown a wealth of over $100 million through crypto. Following a 79% uptick, there are now 325 of these wealthy individuals.  Throughout the past year, the number of crypto billionaires rose as well, with increasing pri

Author: Chain Tea House Translation: WuBlockchain As several popular Web3 Game projects have been listed on major exchanges such as Binance, OKX, and Bybit, the wealth effect has begun to show. Many community users who have grown alongside these games are celebrating early. The Web3 gaming track is heating up. However, besides the well-known Axie from the last cycle, what paradigm shifts, innovations, and changes in the new infrastructure environment are emerging in the new cycle's games? These are questions that both the industry and investors need to ponder. Chain Tea House has specially invited Initiate Capital, the investor behind popular games this cycle such as Matr1x FIRE and Catizen. In this exclusive interview with Chain Tea House, we spoke with Chen Yuetian, a partner at Initiate Capital. As an investor, he shared unique insights into the crypto market and future development trends. He also introduced Initiate Capital's strategies for supporting Web3 game development