Altcoin News by Thebittimes.Com

The Bitcoin price dropped a fraction in the last 24 hours to trade at $64,463 as of 03:44 a.m. EST on trading volume that surged 9% to $39 billion. This comes as MicroStrategy says it’s “extremely optimistic” about Bitcoin adoption amid increasing ”bipartisan” political support for the crypto industry in the US. “On the adoption front, we are extremely optimistic with the improved understanding of bitcoin and the increasing support for the ecosystem from bipartisan politicians and institutions on display at the Bitcoin 2024 Conference in Nashville,” said MicroStrategy in a press release in connection with its second-quarter earnings. Although MicroStrategy reported a Q2 loss of $180.1 million on its BTC holdings, the firm still holds 226,500 tokens worth about $14.4 billion.  Bitcoin Price Aims For A Sustained Rally The Bitcoin price has been in a sustained rally from July 12 to July 31, surging from the $57,000 support to as high as...

Bitcoin post-halving predictions are currently being tested by market realities as the third quarter of the year enters the second month. Investors had high hopes for a mega rally after the halving event, which was reinforced by the arrival of the BTC ETF. However, the BTC price has been forced into a range amidst an uneventful global economic outlook. Notwithstanding the performance of BTC and ETH, the Ethereum network sports some tokens with exceptional price action in the last 24 hours. Today’s post covers the top trending cryptocurrencies on the Ethereum chain and offers an overview of the price data of each token.  Most Trending Cryptos on Ethereum Chain Today Also, the crypto market is witnessing the rebirth of presale cryptos as the market awaits the next obvious direction and trend. The presale offering of the 99Bitcoins token is one of the most popular programs in the category. This post offers an overview of the 99Bitcoins presale as the platform hopes to round...

The m͏eme c͏o͏in m͏ark͏et is ͏increasin͏gly intersecting with other crypto tren͏ds, includi͏ng gamifica͏tion,͏ philanthro͏py, a͏nd ͏multi-chain functionali͏ty. The Meme͏ Games e͏xem͏pl͏i͏fy the gamification͏ tr͏end, wh͏il͏e͏ MA͏GA dem͏onstrates͏ how meme co͏ins can be used for͏ charitable ͏ca͏u͏s͏es͏. ͏Meanwhile, p͏roj͏ects like ͏Non-Play͏able Coin ͏are br͏idging t͏he͏ gap betw͏een f͏ungib͏l͏e tokens and ͏N͏FTs͏, of͏feri͏ng͏ uni͏que t͏rading oppor͏t͏u͏nities. Despite their͏ often l͏igh͏th͏e͏arted͏ ͏themes, ͏meme ͏coins are gaini͏ng legiti͏macy through part͏ne͏r͏ships wi͏th m͏ajor ex͏cha͏nges and med͏ia ...

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...

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...

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...

The altcoin market looks bullish as some coins try to bounce back. Investors need to stay alert during this consolidation phase, as it could be a chance to ride a rising trend. Institutional investors are now paying more attention to interoperability and tokenizing real- world assets. Prices of these assets are climbing, even before the market takes off entirely. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Attention in the crypto market in the coming month will go toward the altcoin and meme coin sectors and making the most of the altcoin market. Hence, investors can capitalize on the moment and take a position in upcoming tokens like PlayDoge. PlayDoge is a new Doge meme coin that uses play-to-earn technology to create a gaming economy with real monetizable value. This post covers the details of its presale. 1. OriginTrail (TRAC) OriginTrail is developing a robust knowledge i...