Cryptocurrency News Today TheBitTimes.com

The Raydium price surged 17% in the last 24 hours to trade at $5.65 as of 02:56 a.m. EST on trading volume that jumped 26% to $166 million. The strong performance by the RAY price has made the altcoin the biggest 24-hour gainer in the crypto market on CoinMarketCap . Raydium Price Gearing Up For A Sustained Rally The RAY price is currently displaying a bullish Elliott Wave structure, with the chart suggesting that the asset is in the process of forming Wave 5 of an impulse wave sequence. According to data from GeckoTerminal , Wave 4’s correction aligns well with Fibonacci retracement principles, as the price found support at a previous accumulation zone before rebounding. The Raydium price is slightly below the 50-day Simple Moving Average (SMA), meaning breaking above it could signal further bullish momentum. Meanwhile, the price of RAY remains well above the 200-day SMA at $3.6998, reinforcing the overall bullish trend. The Relative Strength Index (RSI) is at 47.54, which...

Eric Trump, son of US President Donald Trump, is shilling cryptocurrencies again, this time saying it’s a great time to buy Bitcoin, sending the king of cryptos past $98k in Asian trading. “Feels like a great time to enter BTC,” Eric Trump wrote in a Feb. 6 post on X, while tagging World Liberty Financial’s official X account. World Liberty is the Trump family’s decentralized finance (DeFi) project. Bitcoin Breaks Above $98K After Eric Trump Comments Shortly after the post by Eric Trump, the price of the largest crypto by market cap rose from $96,900 to above $98,000, where it continued to trade as of 3:30 a.m. EST. This marked a less than 1% 24-hour gain for the Bitcoin price, which is still down over 6% on the weekly time frame. Trump’s promotion of Bitcoin follows a Feb. 4 post on X in which he said it was a “great time to add” Ethereum (ETH). Shortly after that post, the leading altcoin pumped 6%. In my opinion, it’s...

The Alchemy Pay price soared over 17% in the last 24 hours to trade at $0.03499 as of 10:16 p.m. EST as investors rush to buy the crypto. With this recent gain by the ACH price, the altcoin’s weekly performance has been pushed deeper into the green zone to more than 72% as well. Alchemy Pay Price Resting On Support After A Pullback 4-hour chart for ACH/USD (Source: GeckoTerminal ) The Alchemy Pay price is resting on the support level at $0.03245 following a pullback from its recent surge, GeckoTerminal data shows. Should the crypto drop below this technical crutch in the next 8 hours, it could stand the risk of falling to the subsequent mark at $0.02648. On the other hand, traders identifying the crypto’s current price as a long opportunity could lead to the Alchemy Pay price entering into another leg up. In this potential bullish scenario, the altcoin will likely try to flip the resistance at $0.04103 into support. A 4-hour candle close above this mark might then l...

A new era in crypto is dawning in 2025, and with $7 million raised in its ICO, Best Wallet‘s cutting-edge Features are making it the community’s clear choice As Donald Trump returns to the White House on January 20 promising a more crypto-friendly administration and a new SEC chair, Paul Atkins, is crypto-approved, the market is set for increased activity. 2024 was a milestone year for Bitcoin ($BTC), and the signs point to even more action in 2025. Best Wallet is designed to handle the demands of this new market. This feature-packed non-custodial wallet offers an upcoming project screening tool, enhanced transactional capabilities, iGaming integrations, and more. But Best Wallet is more than just a wallet – it’s a growing ecosystem with its own DEX and an upcoming debit card service, Best Card. Get in on the action by grabbing $BEST for $0.023575 per token in the next 17 hours before the price increases. Bitcoin Might Dip...

The Sui price surged 15% in the last 24 hours to trade at $4.35 as of 2.30 a.m. EST on trading volume that skyrocketed 69% to $4.27 billion. The SUI price surge came after the project announced breaking news yesterday, revealing that Phantom, a crypto wallet built for DeFi and NFTs, is coming to the Sui ecosystem. 🚨BREAKING NEWS 🚨 @Phantom is coming to the Sui ecosystem! One wallet. Endless possibilities. Intuitive multichain Features . ✨ From native bridges to seamless asset swaps, you’ll soon be able to explore everything Sui has to offer with the wallet trusted by millions.… pic.twitter.com/8jnDAgJUns — Sui (@SuiNetwork) December 5, 2024 Sui praised its intuitive multichain Features and endless possibilities that the wallet can enable, from native bridges to seamless asset swaps. It also said that crypto users will soon be able to explore everything Sui has to offer with the wallet trusted by millions. “The integration of Phan...