Altcoin News by Thebittimes.Com

Continuing on a bullish run for Ripple, July has ended as the token’s best month of the year with XRP now targeting a run to $0.9 this year. Indeed, the asset has continued to impress investors. Subsequently, experts have noted that it could set the stage for a massive run in 2024. The token has increased more than 38% in the last 30 days, according to CoinMarketCap. That has continued today, with a 6% increase leading XRP above the $0.65 level. Moreover, its performance in July is Ripple’s best since it increased 17% in February of this year. Also Read: Ripple: Here’s When XRP Will Breach $3 Again Ripple Looks to Carry July Gains to $0.9 This Year Ripple has dominated the crypto market this month. It has already outperformed several Top 100 assets, and looks to just be getting started. A closed-door meeting with the US Securities and Exchange Commission (SEC) scheduled for August 1st now has traders anticipating a potential settlement of its years-long lawsuit. This seems t...

The Render price has plunged  over 11% on the weekly timeframe following a 3% loss in the past 24 hours to trade at $6.02 as of 11:45 a.m. EST. With its poor performance during the short-term time frames, the RENDER price is also in the red by more than 15% over the past 30 days. It is, however, still up over 231% year-to-date. The Render Price Testing A Critical Support 4-hour chart for RENDER/USD (Source: GeckoTerminal ) The Render price is trapped in a negative bearish channel after the altcoin recorded multiple lower highs and lower lows over the past few days. Now, the crypto is testing the crucial support level at $5.9448. A drop below this key price point might lead to RENDER falling to the subsequent mark at $5.7106 in the following 24 hours. On the other hand, the Render price maintaining a position above $5.9448 for the next 12 hours could invalidate the bearish thesis. In this alternative scenario, traders might identify RENDER as a buy opportunity. With this pote...

Photo by Matt Ridley on Unsplash Blockchain technology has moved beyond its early ties to cryptocurrencies and decentralized finance. Over the past decade, it has grown and expanded, now revolutionizing multiple sectors, including philanthropy. By introducing transparency, accountability, and new fundraising models, blockchain is altering the way we do charity. This article explores five ways blockchain is transforming philanthropy, highlighting innovative projects that take advantage of its potential for social good. Philcoin: Gamifying Charity with Blockchain Philcoin is a pioneering project that turns giving into a rewarding experience through its unique approach to gamifying charity. By engaging with activities within the PHILApp, users earn PHL tokens. However, there's an intriguing twist: to unlock these tokens, users must first donate half of them. This mechanism ensures that charitable contributions are central to the platform's operation, bringing philanthr...

The Pepe price slumped 3.3% in the past 24 hours to trade for $0.00001180 as of 01.12 a.m. EST on trading volume that plunged 45%.. The PEPE price slide comes as the crypto market dumps, its market capitalization down 2.8% to $2.4 trillion. The meme coin sector is up about 1%. Pepe Price Prediction The Pepe price is steadily cutting back on the ground covered in the last month. However, the frog-themed token remains bullish as it holds above the 50% Fibonacci placeholder of $0.00001069. The Relative Strength Index (RSI) momentum indicator is also above the mean level of 50, increasing the odds for a pullback. Similarly, the Moving Average Convergence Divergence (MACD) is also above the signal line (orange band). If the bulls have their way, a stable candlestick close above $0.00001224 would encourage more buy orders. Further north, the gains could extend to the 78.6% Fibonacci retracement level of $0.00001445. In a highly bullish case, the gains could extrapolate to the peak of th...

At the Bitcoin 2024 conference held in Nashville, Tennessee, former President Donald Trump unveiled his bold plan to transform the United States into the “crypto capital of the world” if elected. Speaking to a crowd of over 20,000 crypto enthusiasts, Trump declared his admiration for Bitcoin (BTC), likening it to the early days of the steel industry. He firmly believed that Bitcoin could eventually surpass gold in value, referring to it as both a “marvel of technology” and a “miracle of cooperation.” Donald Trump on crypto and Bitcoin: “I’m laying out my plan to ensure that the United States will be the crypto capital of the planet and the Bitcoin superpower of the world! And we’ll get it done!” pic.twitter.com/0tIjGoC0F4 — Dan Gambardello (@cryptorecruitr) July 27, 2024 Criticism and Controversy Trump did not shy away from criticising his political rivals, including a veiled jab at Democratic nominee Kamala Harris , de...

Ta-da is a revolutionary To-Earn mobile application, where users create real value for AI and web3 companies with specific missions. It’s the first To-Earn hub, connecting companies with contributors to create and share value together. Introducing Ta-da: the First Sustainable “To-Earn” App! Ta-da is the first sustainable “To-Earn” platform. It uses blockchain technology with account abstraction and non-custodial wallet, to make sure every mission given by a company is transparently rewarded and secure, from start to finish. With +30 customers worldwide, +6M validated missions , and a token with already 30k holders and 60k transactions, the project led is led by a team of 20+ experts in AI and blockchain, including advisors such as Siri (Apple) founder Luc Julia, Morningstar Ventures founder Danilo S. Carlucci, and Hasheur, the largest crypto KOL in Europe. ...

On July 31, the Federal Open Market Committee (FOMC) will meet to decide on the Federal Reserve interest rate target. Expecting macroeconomic impacts, Finbold turned to artificial intelligence (AI) models for insights on Bitcoin (BTC) price and the cryptocurrency market. In each new meeting , the FOMC approaches the day it will finally start cutting the interest rate, as previously promised. Analysts expect this upcoming event will be positive for risk assets like cryptocurrencies and stocks, including Bitcoin. As of this writing, Bitcoin trades at $67,500, and the total crypto market cap is at $2.36 trillion. Picks for you XRP or Stellar (XLM)? We asked ChatGPT-4o which crypto is a better buy for 2024 32 mins ago 2 cryptocurrencies to re...

A widely followed cryptocurrency analyst is saying he’s bullish on a leading memecoin as he shares his outlook on two other digital assets. Pseudonymous trader Altcoin Sherpa tells his 219,000 followers on the social media platform X that over the next six to 12 months, Dogecoin (DOGE) could hit a price of over $0.50, representing a potential gain of more than 275% from the current level. “DOGE is a great coin to have but the returns aren’t going to be near the same as last cycle due to the market capitalization. Still, it’s a good one if you have huge size and still want to capture *some* of the meme mania.” Source: Altcoin Sherpa/X At time of writing, DOGE is trading at $0.133. Next up is Bitcoin (BTC). According to the trader, Bitcoin “looks strong” after retesting resistance at around $65,000 into support. “After that reaction, I think we go test the $70,000s.” Source: Altcoin Sherpa/X Bitcoin is trading at $67,73...

The state of Michigan has added Spot Bitcoin ETF s to its pension fund, while disclosing a $6.6 million purchase in the crypto investment vehicle. A recent filing with the US Securities and Exchange Commission (SEC) has revealed the BTC exposure in what could be a growing trend. This is not the first state to integrate Bitcoin into its pension plans. Yesterday, Jersey City, New Jersey, announced that a portion of its pension fund would be allocated to the purchase of Bitcoin ETF s. The recent Michigan decision could be the first of many states that are set to follow suit. Another state pension fund has added Bitcoin to its portfolio. In an SEC filing this morning, the State of Michigan Retirement System reported owning $6.6 million of the ARK Bitcoin ETF (110,000 shares) as of June 30. This follows Wisconsin's disclosure last quarter. Filing:… — MacroScope (@MacroScope17) July 26, 2024 Also Read: Bitcoin ETF s Get $500M Inflows as BTC Approaches $60,000 Michigan is the Latest Sta...

Recent events have brought Solana (SOL) to the spotlight, drawing in both experts and investors due to its notable price gain. According to market expert Ali Martinez, the price of Solana is likely to see a remarkable growth of 900%, which will ultimately result in the price reaching $1,630. Related Reading Ethereum Name Service (ENS) 153% Rally ‘Underway’, Analyst Says 1 day ago Based on his prognosis, Solana might be about to perform better in the coming weeks or months. This is because it has recently displayed a pattern called a “bull pennant”, which in technical lingo usually means the price is set for a big ascent. The next period of stabilization, during which volatility dropped and price action became more narrow, led to the pennant shape. Martinez says that Solana’s recent break above the top trendlin...

A widely followed crypto analyst is warning that altcoins could still correct even deeper against Bitcoin (BTC). In a new video update, crypto strategist Benjamin Cowen tells his 803,000 YouTube subscribers that the TOTAL3 weekly chart, which tracks the market capitalization of all altcoins minus Ethereum (ETH) and stablecoins, is looking bearish against Bitcoin. “Altcoins are potentially only a few weeks from really breaking this support and going down to the range lows. And you should know that my base case is that altcoins will bleed on their Bitcoin pairs to these range lows. I don’t care if you think your altcoin is the best thing in the world. I don’t care how great the community is. In my own experience, altcoins are oscillators against Bitcoin at best individually. And if they’re individually oscillators at best, then collectively they’re oscillators at best. So because of that, I still think that altcoins have a long way to go...

The BLOCKLORDS price skyrocketed 146% in the last 24 hours to trade at $1.95 as of 3.20 a.m. EST on trading volume that surged to $42.8 million. The token just launched yesterday and calls itself a ”player-driven MMO medieval grand strategy game.” 💥 $LRDS IS NOW LIVE! 💥$LRDS is the heart of BLOCKLORDS, enhancing gameplay and governance. Empower yourself, reap rewards from strategic play, and join a vibrant community. As BLOCKLORDS evolves, $LRDS will drive innovation and player-driven development. 🔗 How to claim your… pic.twitter.com/OtgVchgwuL — BLOCKLORDS | ON EPIC GAMES STORE (@BLOCKLORDS) July 24, 2024 The project’s pump was boosted by listings on exchanges that include Coinbase, BitMart, KuCoin, and MEXC. .@coinbase has just announced the listing of @BLOCKLORDS This is huge for the GameFi industry, especially for $LRDS. I am an old fan of Blocklords and what they do so happy to see this project growing so fast. The t...