Cryptocurrency News Today TheBitTimes.com

The US Securities and Exchange Commission (SEC) seeks a $5.3 billion judgement against Terraform Labs and co-founder & CEO Do Kwon. Terraform Labs filed a motion for settlement at $3.5 million; dO Kwon offered $800,000. The US Securities and Exchange Commission ( SEC ) is after a $5.3 billion judgement against Terraform Labs and its co-founder and CEO Do Kwon. SEC recently filed a motion in the US District Court for the Southern District of New York, outlining the disgorgement and civil penalties it wants imposed against Terraform Labs and Kwon. The $5.3 billion amount includes $4.7 billion in disgorgement and prejudgment interest following the recent fraud verdict against the crypto company. Terraform Labs offers $3.5 million, Do Kwon $800,000 SEC also seeks $520 million in civil penalties, of which the SEC wants $420 million imposed against Terraform Labs and $100 million against Kwon. The securities watchdog has also filed for injunctions agains...

In the first quarter of 2024, The Bitcoin Market and specific alternative cryptocurrencies experienced significant increases in value, but there is potential for a downturn shortly. During the initial three months of 2024, high-risk investments saw notable gains. The S&P 500 Index (SPX) surged by 10.2%, marking its most robust first-quarter performance since 2019, while Bitcoin soared by almost 69%. The question arises: will this upward trend persist in the second quarter, or is it time to consider taking profits? Investor optimism persists regarding Bitcoin’s outlook for the upcoming quarter. Anticipation of heightened institutional interest in spot Bitcoin exchange-traded funds and the impact of Bitcoin’s halving is contributing to this positive sentiment. Daily cryptocurrency market performance. Source:  Coin360 Traders need to be careful after the strong Q1 performance because nothing goes up in a straight line. Bull markets are known for...

In the ever-evolving landscape of cryptocurrency, where volatility often reigns supreme, occasional moments harken back to the early days of Bitcoin’s inception. Recently, the crypto community witnessed one such moment as a wallet, dormant since the fabled “Satoshi era,” stirring from its 14-year slumber, shaking the foundations of digital wealth. This awakening, marked by the movement of 50 BTC, worth over $3 million , to the renowned crypto exchange Coinbase , serves as a testament to the enduring allure and potential of Bitcoin. The Enigmatic Origins A miner wallet woke up after being dormant for nearly 14 years and deposited 50 $BTC($3.28M) to #Coinbase 5 mins ago. The miner earned 50 $BTC from mining on Apr 23, 2010, and has been holding it to this day. Address: 15sxzZ4QSaoiMo5KYH9ab4xQj34yeJmKgb pic.twitter.com/DRw9U5Xy8N — Lookonchain (@lookonchain) April 15, 2024 The wallet, bearing the enigmatic address 15sxzZ4QSaoiMo5KYH9ab4xQj...

The bulls are back in charge as crypto prices return to the green regions. Investors are speculating a sustained momentum in price in the aftermath of the halving. Considering this, what are the best alt coins to invest in today? Investors can look at our curated list and make further analyses as the market turns bullish. Investors are skeptical about the post-halving trends, questioning how long the trend will continue. However, analysts are optimistic that utility tokens and meme coins will be the best-performing crypto. The forecasts are conclusions from the dominant narratives in the crypto market.  7 Best Altcoin to Invest in Now  The Bitcoin halving has generated excitement within the blockchain and cryptocurrency community. This event has had an impact on several alt coins . This development has made investment options attractive to Arweave, Aevo, BNB, Neo, Near Protocol, and AIOZ. This renewed interest in alternative cryptocurrencies is boosting investor confidenc...

The Shiba Inu coin price has jumped by 17.8% in the last 24 hours to trade at $0.0000272 as of 5:00 a.m. EST.  The SHIB price pump came amid a new eruption of meme coin mania after the Bitcoin halving, which has seen BONK, FLOKI, PEPE, and SHIB emerge as today’s top gainers. Snap | Source: CoinMarketCap Shiba Inu Coin Price Prediction: SHIB Retests Previous Resistance Levels Looking at Shiba Inu charts, we notice that Shiba Inu had been trading within a consolidation area, where the price action experienced limited volatility and moved sideways. Subsequently, there was a breakout from this consolidation zone, where the Shiba Inu price moved sharply toward previous resistance levels, attributing to today’s price surge. The Shiba Inu price appears to have retested a previous resistance area as it shows signs of a pullback, as evidenced by the latest red candlestick patterns. These patterns suggest selling pressure. Looking at indicators, we see the Relative Stren...

Investor enthusiasm in the meme coin sector is rising, demonstrating in 2024 that this niche has staying power and mainstream potential. Meme coins have gained popularity since Bitcoin reached a new all-time high and triggered another bull market, delivering substantial returns to early investors. However, as of this writing, Bitcoin price has encountered considerable resistance and has been unable to surpass the critical $65,000 threshold. As traditional financial markets experience volatility, more investors are turning to alternative investments like meme coins, attracted by their viral appeal and the robust communities that support them. This movement towards the mainstream could pave the way for more widespread adoption and the integration of meme coins into regular financial transactions. Moreover, as developers continue to innovate and enhance the security and functionality of these coins, we could see them becoming a staple in diversified investment portfolios, further ceme...

TLDR: Celestia’s price has dropped 12.7% in the past week. OKB’s price has increased 4.9% on the 14-day price chart. OKX’s launch of the X Layer network might be responsible for the recent gains.  Rebel Satoshi Arcade is on the rise, with its crypto ICO selling over 355 million tokens in stage 1. The Crypto market witnessed a massive shift lately that left several top Crypto coins gasping for air. The likes of Celestia were among the first to feel the heat, as it dropped 12.7% on the weekly price chart. Meanwhile, OKB and Rebel Satoshi Arcade are currently in the green, thanks to recent developments in their respective ecosystems.  Rebel Satoshi Arcade ($RECQ) presale soars due to its decentralized gaming platform  Rebel Satoshi Arcade ($RECQ) is a new DeFi project that has hit a remarkable milestone, selling 80% of the tokens for stage one of its Crypto ICO in a short amount of time.  Rebel Satoshi is building a ...

The Toncoin price skyrocketed over 12% in the last 24 hours to trade at $6.80 as of 1:00 a.m. EST as investors rush to buy the altcoin. TON’s recent price surge has also propelled its Total Value Locked (TVL) to a new all-time high of $148 million. This marks a nearly threefold increase in TVL in just the past month, according to data from DefiLlama . The Toncoin Price Overcomes A Negative Trend Line 4-hour chart for TON/USDT (Source: TradingView ) The Toncoin price was able to break above a short-term descending trend line that has emerged on its 4-hour chart, and is now attempting a challenge at the $6.683 resistance level. If the crypto manages to close a 4-hour candle above this threshold within the next 12 hours, TON might have the foundation needed to overcome the $7.726 resistance level in the following 24 hours. On the other hand, a rejection by the $6.683 mark in the next 12 hours could invalidate the bullish thesis. In this alternative scenario, the Toncoin price...

Shiba Inu (SHIB) has emerged as one of the top meme coins over time. Telegaon, a source known for providing market insights, has released predictions regarding the potential future price of Shiba Inu (SHIB). According to their forecast, SHIB may reach a value of $0.0003 within 2028. This prediction has generated interest among Shiba Inu enthusiasts and has led to discussions about the feasibility of achieving this goal within the mentioned period. Also read: Dogwifhat: Can WIF Hit $10 After Bitcoin Halving? Shiba Inu’s Present Status SHIB has experienced increased activity in recent times, although its price has recently dropped to the $0.00002 level and is currently trading at  $0.0000222 , with no major movements over the past 24 hours. This decline is in line with the overall trend in the crypto market. Telegaon’s prediction takes into account Shiba Inu’s development beyond its initial meme-based origins. The forecast also considers the potential for grow...

BRICS was formed in 2009 and consisted of five original founding members Brazil, Russia, India, China, and South Africa. After nearly 14 years of its existence, the alliance saw an expansion after it invited six new countries to join the bloc in 2023. It invited Saudi Arabia, the UAE, Argentina, Egypt, Iran, and Ethiopia last year. Moreover, Argentina declined the membership as the newly-elected President Javier Milei is skeptical about the bloc. Also Read: BRICS: China & Iran Make Major Announcement On the other hand, Saudi Arabia has yet to provide its decision and has kept the joining on hold. BRICS has always been touted to be a group of consensus and all decisions are made with combined efforts. However, that doesn’t seem to be the case as, in reality, China continues to dominate the majority of BRICS decisions. On paper, the grouping talks about consensus but in reality the opposite gains the upper hand. Also Read: BRICS Supports Cryptocurrency for Global Tr...

Bitcoin’s (BTC) price has weakened again after failing to steady above the $65,000 zone, with the cryptocurrency continuing to be weighed down by rising geopolitical tensions in the Middle East. As Bitcoin remains bearish, the majority of the market is monitoring its direction, particularly given that the price movements are playing out in a monumental week characterized by the upcoming halving. In line with this, crypto analyst  Ali Martinez , in an X (formerly Twitter) post on April 16, pointed out that Bitcoin has established new support and resistance levels investors should watch . Picks for you 1inch Swap API now integrated by Magic Square, with Swap Competition on the way 36 mins ago Saakuru Labs raises $2.4 million as it prepares to expand with 40 projects in 2024 36 mins ago Supply shock alert: ‘9 months’ left of Bitcoin supply on exchanges 48 mins ago Japanese Yen (JPY) struggles at a 34-year low against the U.S. Dollar 1 hour ago ...