Altcoin News by Thebittimes.Com

The crypto currency market has been notably volatile in the past week, exhibiting both sharp declines and brief recoveries.  Despite these fluctuations, certain cryptocurrencies continue to demonstrate robust growth potential. In this context, Finbold has identified two cryptocurrencies that could surpass the $1 billion market cap threshold in July.  Supported by underlying fundamentals, rising community interest, and other favorable factors, these select crypto currencies may benefit significantly if the market regains its bullish momentum. Picks for you Brace for volatility as $500 million moves in Bitcoin trading 1 hour ago Dogecoin flashes buy signal; Can DOGE claim $0.15? 2 hours ago ...

The New York Stock Exchange is reportedly polling traders to see if they want to open trading up 24 hours a day, seven days a week, similar to cryptocurrency and forex markets. Leading the charge on the proposed change is infamous hedge fund manager Steve Cohen, who is attempting to open up his own exchange called 24 Exchange, which currently has tradeable markets out of Bermuda. Last year, 24 Exchange discontinued trading in crypto products and gave up on a bid to open up trading of US equities but it’s restarting the process now. The current move wouldn’t be the first time that the NYSE has considered plans to become a 24/7 trading venue. Indeed, in 1990 John Phelan Jr., chairman of the NYSE , proposed a plan to ensure market s were never closed. At the time, the reasoning was that the NYSE was losing market share to foreign markets like the London Stock Exchange. The proposal would’ve brought 24-hour trading to the NYSE trading floor by 2000, but nothing ever materializ...

In March, the cryptocurrency market witnessed a surge in the popularity of meme coins , such as Shiba Inu (SHIB) and Dogecoin (DOGE). Initially driven by enthusiastic online communities and viral social media trends, these coins and tokens now seek to establish themselves within a more mature cryptographic ecosystem.  Several forthcoming events within the broader market have the potential to generate favorable conditions for the aforementioned meme coins.  Picks for you VALR crypto exchange receives regulatory license as a CASP in South Africa 2 hours ago 2 silver-backed cryptocurrencies to invest in as demand skyrockets 2 hours ago Cardano smart contracts soar with over 1,000 added in April 3 hours ago Geopolitics expert G. Celente explains how Middle East crisis will crash global economy 3 hours ago Favorable market winds for meme coins The upcoming Bitcoin (BTC) halving, has historically coincided with price increases for Bitcoin ...

Ripple CEO is claiming the crypto market could reach $5 trillion by the end of 2024. Investors are looking for better opportunities to invest and gain lucrative profits if that happens. According to some analysts, Solana (SOL), Sui (SUI), and Borroe Finance ($ROE) could be some of the best altcoins to include in investment portfolios. Ripple CEO, Brad Garlinghouse, is bullish on the Crypto market , predicting that the Crypto market cap could double and reach around $5 trillion by the end of 2024. Garlinghouse believes spot ETF approval and the Bitcoin halving event will fuel this prediction. But he also emphasized the crucial impact of favorable U.S. regulatory changes on the crypto market’s growth. The crypto community is understandably excited about this market prediction, with investors and analysts digging into the numbers to determine which tokens could be the best bets to capitalize on this growth. A growing number of experts believe SOL, SU...

Investors flock to Milei Moneda ($MEDA) for recovery, anticipating high returns.  SUI’s TVL surpasses that of Cardano (ADA) and Near Protocol (NEAR).  Toncoin (TON) experienced a 17% decline from its recent peak.  Like many other altcoins, SUI and Toncoin (TON) have experienced retracements in the face of April’s market fluctuations. These retracements served as a reminder of the inherent volatility within the cryptocurrency space, prompting investors to reassess their strategies and seek out opportunities that offer stability and potential for growth.  However, one project has managed to capture the attention and optimism of a growing number of investors : Milei Moneda ($MEDA). Backed by an excellent roadmap, this meme coin has exhibited all the hallmarks of a breakout crypto. Read on to understand the $MEDA hype. SUI soars, but bears lurk  The Layer 1 blockchain...

BASE surges due to increased demand. FLOKI experiences impressive growth and is poised for further gains in value. Milei Moneda ($MEDA) gains investor attention with unique features and growth. As Coinbase’s BASE achieves a remarkable $2 billion TVL milestone, the meme market experiences a surge in popularity, presenting exciting opportunities for investors. meme coins like FLOKI and Milei Moneda ($MEDA), with their distinctive branding and innovative approaches, have stood out as promising investments among a plethora of stock meme coins.  Let’s delve into the potential of these meme-inspired tokens and why some analysts believe they might be the best altcoins to buy right now. Coinbase’s BASE hits $2 billion TVL milestone  BASE, Coinbase ’s decentralized Layer-2 blockchain initiative aimed at reducing Ethereum transaction fees, is witnessing a surge in demand with increased network acti...

Regulators are shedding light on scammers leveraging the allure of artificial intelligence (AI) to promote crypto trading systems with faulty claims of high or guaranteed returns. With the trend of using automated software for trading increasing, the Commodity Futures Trading Commission (CFTC) issued a customer advisory stressing that these AI systems cannot foresee market movements definitively.  See below. CFTC Customer Advisory Cautions the Public to Beware of Artificial Intelligence Scams: https://t.co/4SI2hwOPWq — CFTC (@CFTC) January 25, 2024 The customer advisory titled “AI Won’t Turn Trading Bots into Money Machines” exposes the fraudulent tactics used to attract investors, recounting tales like that of Cornelius Johannes Steynberg, who swindled over $1.7 billion in Bitcoin (BTC) from unsuspecting victims. The CFTC has subsequently advised traders to avoid seductive assurances of high gains from AI-assisted tools, warning that such exaggerated claims often fail to...

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors eye Galaxy Fox ($GFOX) in 2024’s bull market , with GameFi and memecoins leading the charge for 100x returns. The New Year heats up as investors prepare for 2024, and the bull market of the century awaits. Plenty of tokens are expected to rise 100x, bringing new crypto millionaires to the cryptocurrency space. Investors can’t afford to miss this cycle, as it’s likely to be the last chance to see major volatility swings once big players like BlackRock enter the market. When the Federal Reserve cuts rates due to mounting interest payments, billions of dollars sitting in treasuries and money markets will flow into risk assets. 2024 will be an up-only paradigm. And this is before Powell turns the printer back on. Investors are unprepared for this bull market, and it promises to dwarf everything that’s come before. One of ...

Bitcoin has sparked a market -wide recovery campaign, leading to a 3.8% surge in the global crypto market cap and a spike in trade volume amid increased buying power. Remarkably, Bitcoin (BTC) recently came back against the bears to recover the losses of the last few days, resulting in a shift in market trends. The global crypto market cap is now back above the $1.4 trillion mark, up 4.44% over the past 24 hours to $1.43 trillion. Crypto market cap | Source: CoinMarketCap In addition, the market is witnessing a resurgence of traders, with global trade volume recently spiking 5.97% to $70.22 billion. BTC has surged 4.06%, while Ethereum (ETH) is up 2.61% within the last 24 hours. This pattern suggests increasing buying pressure. You might also like: Lookonchain reports whales are dominating the Ethereum market with big sales Santiment confirmed this trend in a recent disclosure, calling attention to a spike in activity for Tether (USDT), the dominant stablecoin in ...

The correlation between Bitcoin, gold, and major stock indices like NASDAQ and S&P500 changed in October. Here is what it means. In early October, the financial landscape saw an unexpected twist. The trigger was the attack by Hamas on Israel, an event that led to noticeable shifts in global markets. Stocks, especially big players from the U.S. like the S&P 500 and Nasdaq, started facing downward pressure. Their values dipped, reflecting concerns from the ongoing geopolitical tensions. Several months prior, Bitcoin demonstrated a strong positive relationship with these key stock market s. However, by October, this parallel movement noticeably weakened as correlation figures with Bitcoin decreased. Gold and crypto currencies, typically seen as safe havens during uncertain times, began their ascent, seemingly moving together. In October, their correlation increased. Let’s dive into the connections between these assets, explore the reasons behind their movement, and discuss ...

The global metaverse market is projected to grow massively, reaching $322 billion by 2030, according to a report by ResearchAndMarkets. Massive growth potential  According to ResearchAndMarkets’ latest report, the metaverse market was valued at around $42.05 billion during the 2021 bull market. However, the report notes that this figure is expected to grow to $322 billion in the next seven years. The growth will happen due to the current increase in demand for immersive experiences, the rapidly growing blockchain gaming industry, and the continuous increase in blockchain adoption, ResearchAndMarkets suggests. Segmenting the metaverse market The global metaverse market is categorized based on type (mobile and desktop metaverses), technology (blockchain, virtual reality (VR), augmented reality (AR), and mixed reality), application (gaming, online shopping, content creation, social media, etc.), and region in the report.  You might also like: UAE economy ministry sets u...

On-chain data and technical analysis shows strength in ARB price, even after a weekend filled with rumors and sell-offs. Arbitrum suffered a big blow during the April 1 to April 2 weekend due to a conflict between the ARB token holders and the Arbitrum Foundation on the allocation of $750 million ARB tokens worth around $900 million. Data from on-chain analysis firm Arkham Intelligence shows that the transfer of $50.5 million out of the disputed allocation of 750 million ARB tokens. They shared with Cointelegraph that, “Only 50.5 million of those tokens have been moved. 10 million tokens have been sent to be sold on exchanges, 40 million have been loaned to Wintermute and the remaining 500K remain untouched in a multisig wallet (labeled Gnosis Safe Proxy).” On April 3 morning, the Arbitrum Foundation conceded to the community's opposition and decided to break up the said proposal in question into multiple proposals for allocating the funds for the project's ecosystem growth. ...

Bitcoin price is gearing up for a key monthly close that could see it dump its 2022 bear market for good. Bitcoin (BTC) enters the last week of March in uncertain territory as a strong weekly close still keeps $30,000 out of reach. The largest cryptocurrency has sealed seven days of practically flat performance despite some volatility in between as the market seeks fresh direction. Where could it go next? In what was a week of more surprises from the macro economy, BTC/USD spent much time reacting to decisions from the United States Federal Reserve and associated commentary. Next up, however, is a period of relative calm, followed by a key monthly close, which analysis says could see the start of a new bullish trend. Bitcoin is currently up 20% for March so far, meaning that the coming days will decide the strength of the ongoing recovery from multi-year lows. Cointelegraph takes a look at five key topics to bear in mind during the final week of a what has been a volatile month. Count...

As it stands today, BUSD's market cap has fallen by nearly $14 billion since its all-time high of $23.49 billion on Nov. 15, 2022. Binance USD (BUSD) market cap has fallen below $10 billion for the first time in almost two years amid a United States regulatory crackdown on its token issuer and a planned delisting from a major crypto exchange. BUSD’s marketcap has been on a steep downward trajectory since its all-time high (ATH) market cap of $23.49 billion on Nov. 15, just a few days after the shock collapse of FTX. As of today, the stablecoin’s marketcap has fallen to $9.66 billion — levels not seen since Jun. 29, 2021. Market cap of Binance USD (BUSD) over the last 12 months. Source: CoinGecko. Most recently, BUSD has been the subject of a potential lawsuit against Paxos by the United States Securities Exchange Commission (SEC) on Feb. 12 over a possible violation of investor protection laws. Since then SEC, $6.65 billion has been shaved off BUSD’s market cap. Paxos was also or...