Altcoin News by Thebittimes.Com

Unification, the development team behind Shiba Inu’s (SHIB) Shibarium layer-2 network, has released a new blog, updating the community on the development status. The team said that their work with the Shibarium team remains their core project for the year. The blog further added that the project is moving ahead “with great strength.” However, the Unification team has not provided any release date so far. As per the blog, “It’s much more important for us to work with and support the team to ensure the most secure, usable vision and accompanying product possible.” Unification said that the internal alpha is being optimized to serve the requirements of the huge audience . The team has assured the Shiba Inu (SHIB) community that the launch is just around the corner, and another update on the product will be available soon. Shiba Inu price vs Dogecoin drops to record lows, rally soon? On November 1st, the SHIB/DOGE pair fell to a record low ...

Join Our Telegram channel to stay up to date on breaking news coverage Dogecoin has dropped by over 7% in the last 24 hours. The meme coin is bearish today as most of the cryptocurrency market trades in the red zone after the Fed raised interest rates by 75 basis points on Wednesday. Dogecoin price analysis Dogecoin’s rally has taken a break following the dips recorded in the last 24 hours. At the time of writing, DOGE was trading at $0.131. If the bearish sentiment grows, Dogecoin will likely drop to $0.11 in the short term. Dogecoin’s trading volumes are still high and came in at $5.34 billion in the last 24 hours, showing that traders&rsquo ; interest in the meme coin is still notably high . The spiraling gains in DOGE started after Elon Musk’s Twitter purchase deal was closed, with the community hopeful that DOGE payments would come to Twitter. With Musk already proposing an $8 fee for people who want to be verified, it is becoming likely that DOGE wil...

While the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months since the last 2010 block subsidy transfer. Meanwhile, 2011 block subsidy transactions have appeared every now and then, and on October 25, 2022, approximately 92.76 bitcoin worth roughly $1.79 million from 2011 were transferred to unknown wallets. 2010, 2011 ‘Sleeping Bitcoin’ Spending Slows — 92 Bitcoin From 2011 Transferred on Tuesday On October 24, bitcoin supporters celebrated the number of bitcoin (BTC) that haven’t moved in a year or more. The bitcoiners shared a chart from Glassnode that indicates more than 60% of the BTC in circulation has not moved in a year or more. Glassnode chart shared on r/bitcoin on October 24, 2022, showing that more than 60% of BTC ...

Leeds United Fan Token (LUFC) has gained by 1.2% over the last 24 hours. The uptrend comes amid a slight recovery in the global cryptocurrency market. The overall crypto market has gained by 0.7% in 24 hours, but it is yet to hit the $1 trillion mark. Can LUFC rally to $10? The LUFC token has been having a hard time making a price recovery despite the English Premier League kicking off the latest season. Over the last 30 days, this token has jumped by around 22%. LUFC, like most of the altcoins, has been battered by the ongoing bear market. The token has dropped by around 92% since reaching an all -time high in December 2021. The token has been testing lower lows this year, and there is not much action happening. The recent plunge could attract profit takers that want to buy the token at low prices , which pegs the question of whether this token could rally to $10. At the current price, LUFC needs to make an around 10X jump to reach $10. Such a scenario is unlikel...

PulseChain is arguably the most anticipated blockchain and investors are eagerly awaiting its release. Reports state that more than 135 projects have lined up to build their products on the layer-1 blockchain. You can read more details about the upcoming projects that plan to build on PulseChain here. Its governing token PLS is the talk of the town even before its release, as investors believe it could mirror Hex’s phenomenal returns. Hex was launched by Richard Heart in December 2019 and the crypto doubled in price approximately every 48 days. However, it slumped in price dramatically after reaching its all -time high of $0.53 in September 2021. It is now trading at $0.03 and is down 92.3% from its ATH. Also Read: HEX token: Is low Volatility Ideal or Irrelevant? What Might Happen When PulseChain Is Launched? Source: Pixabay Twitter handle Pulsechain News & Talk, which extensively covers PLS developments has predicted PulseChain’s outcome on day 1 when ...

Cardano appears set to make a bullish run in the coming months with several high-profile crypto commentators picking ADA as a coin to watch in recent days. Founder Charles Hoskinson has also promised there is a huge appetite from institutional investors with the blockchain set to welcome hundreds of new projects to their ecosystem after the successful Vasil hard fork upgrade. But can Cardano, long considered an undervalued crypto coin without ever truly breaking out, finally make huge returns on its great promise? Cardano Loved by Crypto Analysts Two Videos emerged this week from highly influential crypto analysts that both spoke at length about the strengths of Cardano and native token ADA. Dan Gambardello, who goes by Crypto Capital Venture and has more than 325,000 YouTube subscribers, claimed in a video that ADA could reach a $500 billion market cap in the next bull run. Although it is not clear when the next bull run will start, a market cap of that size would...