Cryptocurrency News Today TheBitTimes.com

Popular crypto analyst Altcoin Sherpa says that one red-hot artificial intelligence (AI)-related memecoin continues to show market strength after a massive surge. The pseudonymous trader tells his 233,000 followers on the social media platform X that Act I: The AI Prophecy (ACT) is looking strong on the four-hour chart. According to the trader’s chart, ACT has broken through the .382 Fibonacci retracement level at $0.59 and continues to hold it as support at time of writing. “ACT is moving extremely well, huge move from some Elon [Musk] interaction. The technical Analysis on it was actually very solid as well, though, as it built a base (didn’t quite go to $0.36 like I wanted). Big moves for all of these AI coins [November 29th], let’s see what happens.” Source: Altcoin Sherpa/X ACT is trading for $0.64 at time of writing, up more than 4,800% from its low of $0.0130 on November 5th. The Solana (SOL)-based memecoin has a market cap ...

On the day Trump won the U.S. election on November 5, 2024, Bitcoin was trading at the $68,290 level after receding from a high of $72,780 on October 30. Trump won by a landslide trouncing his Democratic rival Kamala Harris in the polls with 312 electoral college votes compared to his counterpart who secured only 226. He also secured 2.5 million votes and won the popular vote, including Republicans winning the Senate and the House. Also Read: US Dollar vs Chinese Yuan: Trump To Start a Currency War? After Trump won the U.S. election, both the stock and the cryptocurrency market kick-started a massive rally. Bitcoin surged in the charts and pulled the leading altcoins to hit new yearly highs along with it. The broader markets remain optimistic with Trump at the helm as investors believe he could do well with the economy. Many others believe the President-elect could end the ongoing wars and conflicts in the Middle East and Russia-Ukraine. Bitcoin Jumped After Trump Clinched the U.S. Pre...

Investment firm Metaplanet, known as Japan’s MicroStrategy, plans to raise over $62 million to buy more Bitcoin via the issuance of stock acquisition rights, and said that adding more BTC to its holdings is “urgent.” In a Nov. 28 statement, Metaplanet said “we recognize the urgent importance of increasing our Bitcoin holdings and have therefore decided to proceed with this fundraising initiative.” The company currently holds 1,142 Bitcoin, Metaplanet Notes BTC’s Growing Prominence While The Yen “Continues To Depreciate” Metaplanet said in its statement that it would issue a 12th Stock Acquisition Rights to the Cayman Islands-based EVO Fund through a third-party allotment of 29,000 units. *Metaplanet Announces Issuance of Moving Strike Stock Acquisition Rights to Raise Up to ¥9.5 billion ($62 million) for Accelerated Bitcoin Accumulation* pic.twitter.com/bL7rs6Qkk4 — Metaplanet Inc. (@Metaplanet_JP) November 28, 2024 ...

The non-fungible token market is on fire again after taking a short market recess last week. The NFT market retested a significant resurgence earlier this month following President-elect Donald Trump’s crypto-friendly stance in the United States. NFTs are soaring again, with non-fungible token collections like Bored Apes Yacht Club and Punks leading the charge. Below, we have listed some of the top-selling NFTs this week: 1. Bored Ape Yacht Club NFT Collection Bored Ape Yacht Club, an all-time top-selling non-fungible token collection from the digital asset incubation studio Yuga Labs, featuring a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network, is this week’s most-selling NFT collection. In the past 24 hours, the Bored Ape Yacht Club has raised a trading sales volume of $3.6 million. During this time, Bored Ape Yacht Club NFT sales volume has surged 9.2% from the previous day. 2. Pudgy Penguins NFT Collection Pudgy Penguins, a non-fungible token...

The cryptocurrency market has been booming over the past couple of years. Bitcoin (BTC) in particular has surged by 153596028.94% since its origin. While the community has heard stories about investors losing BTC after hacks or scams, a new case has stunned the cryptocurrency market. A Welsh man has lost a staggering $710 million in BTC due to his ex-partner’s mistake. Also Read: How High Can XRP Rise In December 2024? A Sad Mistake James Howells reportedly mined about 8,000 Bitcoin back in 2009. The price of BTC during this year was close to nothing. After this, the Welsh man went on to store the BTC in a hard drive. Sadly, Howells’ ex-girlfriend Halfina Eddy-Evans possessed this device and accidentally tossed it away. The hard drive was thrown in a black sack. This was along with all the other items that he owned. While she acknowledged throwing it away along with Howells’ other belongings, Eddy-Evans added, “Yes, I threw away his rubbish.” Despite their ...

The Pepe price pumped over 7% in the last 24 hours to trade at $0.00001973 as of 11:15 p.m. EST as traders go long on the meme coin. With the recent gain, the frog-themed token has managed to boost its weekly performance out of the red. As a result, the PEPE price is up over 5% in the last 7 days. Pepe Price Trying To Overcome A Major Technical Obstacle 4-hour chart for PEPE/USD (Source: GeckoTerminal) The Pepe price is attempting to establish a position above the $0.00001961 resistance level, according to GeckoTerminal data . Closing the next 3 4-hour candles above this technical barrier could give the meme coin the necessary foundation to keep rising in the following 24 hours. PEPE might then be able to overcome the negative trend line that has emerged on its charts. Rising above the descending trend line could lead to the Pepe price climbing toward the $0.00002414 resistance level to potentially flip the mark into support. Thereafter, continued pressure from buyers might push...

When it comes to the rapidly shifting crypto market, investors are always on the lookout for the next big opportunity. Today’s top crypto gainers have captured attention with impressive price surges, but what’s driving these increases? From unique partnerships to innovative technologies, these projects are reshaping their ecosystems for long-term growth. In this article, we’ll explore the reasons behind their recent success, what sets them apart in the crowded crypto space, and what investors need to know to make informed decisions moving forward.   Biggest Crypto Gainers Today – Top List While all four top gainers—SKALE, Mask Network, Marlin, and Pendle—have seen impressive price surges, their market movements tell distinct stories. SKALE’s 13.41% gain highlights strong demand fueled by its real-world utility. Meanwhile, Mask Network’s 13.03% rise shows the expanding role of Web3 in social media. On the other hand, Marlin’s 1...

Bitcoin’s recent drop below $95,000 has caused a ripple effect in the cryptocurrency market, influencing the performance of many altcoins. This shift has drawn attention to several digital assets showing potential upward trends. Avalanche (AVAX) and Polkadot (DOT) have been standout performers, respectively, rising 62.74% and 105.55% over the past month. These gains highlight the growing interest in their ecosystems.  Meanwhile, XDC has shown a significant 11% increase in just 24 hours, reflecting renewed interest and possible shifts in market sentiment. Core has also seen modest gains, with a 1.92% uptick in the last 24 hours. These patterns reveal a mix of volatility and opportunity, suggesting increasing confidence in the potential of these altcoins. As the market demonstrates resilience, many investors are reassessing the best crypto to buy right now as potential portfolio additions. Best Crypto to Buy Right Now dYdX is priced at $1.48, marking a 17.71% increase over ...

Uncover JasmiCoin’s data security focus and VRC’s virtual reality innovation. Analyze their market growth and potential impact on the future of cryptocurrencies. The cryptocurrency market continues to grow in recent months, with new dynamics attracting the attention of investors and observers worldwide. Among the digital currencies gaining traction with users is JasmiCoin (JASMY), a project focused on data security that stands out for its innovative approach. The primary goal of  jasmy crypto  is to provide a groundbreaking solution for decentralized data management. The innovative project, naturally based on blockchain technology, was developed in Japan and aims to give users back control over their personal data, a theme of increasing importance in the digital age. Through blockchain, Jasmy enables secure, efficient, and transparent data storage and sharing, protecting user privacy while fostering trust and addressing the growing challenges of digital securit...

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  Experts suggest investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique vote-to-earn reward system, fosters strong community connections, and pro...