Cryptocurrency News Today TheBitTimes.com

This week, analysts expect an altseason to start soon in the cryptocurrency market, creating significant growth opportunity for solid cryptocurrencies. In this context, two crypto startups received awards and recognition from non-crypto enterprises, crossing the chasm to the real world. Overall, most crypto-related accomplishments for projects and startups are usually limited to the crypto industry and native users. Sometimes, however, these startups cross the chasm, reaching a broader audience and onboarding new users to the crypto ecosystem. One recent example of that was Polymarket, offering a crypto-based prediction market built on Polygon, using USDC, succeeding during the elections. Another recent similar case was with the Avalanche-based game “Off The Grid,” featuring on Epic Games Store’s top free-to-play products. Picks for you Tr...

In the fast-paced world of cryptocurrencies, sustainability is often an overlooked aspect, leading many projects to falter over time. However, DOPE Credits has been meticulously designed to stand the test of time. By combining robust tokenomics, cutting-edge blockchain technology, and a community-driven approach, DOPE Credits offers a staking ecosystem that prioritizes long-term value and growth. This blog post explores how DOPE Credits ensures sustainability for decades to come. Tokenomics Built for Longevity A sustainable cryptocurrency begins with thoughtful tokenomics, and DOPE Credits excels in this area. Here’s how its structure ensures long-term viability: 70% Reserved for Staking Rewards: The majority of the total supply—700 million tokens—is allocated for staking rewards. This ensures that the community receives consistent incentives for participating in the ecosystem. Controlled Distribution: With a daily reward rate of 0.1% , the tokens ...

The MAGA Hat price soared 23% in the last 24 hours to trade at $0.0001015 as of 3.40 a.m. EST on trading volume that skyrocketed 37% to $12.99 million. The token’s price surged in the last 24 hours, likely for two reasons — the first one being that Bitcoin managed to briefly hit $100k before correcting again to $98.67k as of the time of writing, so the altcoin market was quick to follow. The second reason is that there is only a few days left before Trump’s Inauguration. With $MAGA Coin pumping in anticipation of Trump's presidential inauguration and his four-year MAGA term, which Tier 1 CEX will be the next to list us?@coinbase @binance @cryptocom @okx @Gemini @Bybit_Official @krakenpro @bitgetglobal pic.twitter.com/avwjqUE4VB — MAGA Coin (@MAGACoinX) January 6, 2025 Many have pointed out that the project, part meme coin, part a PolitiFi crypto, is pumping in anticipation of the event that will bring Trump back into the Oval Office, also predicting that MA...

The Pepe price surged 5% in the last 24 hours to trade at $0.00001845 as of 11:18 p.m. EST on trading volume that jumped 55% to $1.2 billion. Pepe Price Could Be On A Price Recovery The PEPE price chart shows a clear shift in momentum over the past several months. The price experienced a significant rally earlier in 2024, with a parabolic move leading to a sharp increase in price. However, since the peak to the $0.00002726 resistance, the Pepe price has entered into a falling channel pattern, characterized by lower highs and lower lows, according to GeckoTerminal data.  This pattern is typically bearish in the short term but can sometimes indicate a consolidation phase before a breakout if volume or other factors align. The upper boundary of the descending channel acts as resistance, while the lower boundary provides support. Currently, the price of PEPE is trading near the middle of the channel at approximately $0.00001845, suggesting indecision in the market. Additionally...

The Toshi price skyrocketed 70% in the last 24 hours to trade at $0.0002425 as of 2.10 a.m. EST on trading volume that soared 512% to $48.98 million. The TOSHI price exploded after reports started emerging on social media about Coinbase adding the popular meme coin to its listing roadmap yesterday. In response, Toshi immediately pumped over 200%. Coinbase added TOSHI to its listing roadmap today.  $TOSHI pumped 200% after this news 🤑🤑   Do you hold TOSHI? 👇 pic.twitter.com/n5ttgoP27P — Wise Advice (@wiseadvicesumit) January 15, 2025 The meme coin went from $0.0001403 to $0.0003662 in only two hours, but was rejected by the resistance at $0.00035, pushing its price down. Fortunately for the token, the support level at $0.00025 was there to soften its fall, and the price actually found a temporary support a bit higher than this, at $0.00028. However, after another attempt to breach the resistance at $0.00035, the token’s price ended up ...

The XRP price surged 11% in the last 24 hours to trade at $2.7998 as of 11:19 p.m. EST on trading volume that surged 9% to $9.8 billion. This surge follows criticism from Ripple executives over the SEC’s refusal to postpone its appeal filing in the ongoing legal battle against the blockchain company, despite the impending resignation of Chair Gary Gensler on Jan. 20. Ripple’s chief legal officer, Stuart Alderoty, labeled the decision a “waste of time and taxpayer dollars” but expressed confidence in their position on appeal. On January 20, Gensler’s war on crypto ends at the SEC. We asked the SEC to agree to postpone the filing of their opening brief in their appeal of our victory (current deadline Jan 15) – and they refused. What a waste of time and taxpayer dollars! Nevertheless, we are confident… — Stuart Alderoty (@s_alderoty) January 14, 2025 The case, initiated in 2020, centers on claims that Ripple used XRP as an unregister...

Dogecoin (DOGE), the meme-inspired cryptocurrency has long been a favorite in the cryptocurrency space, known for its explosive price movements during bull cycles.  In this context, trading expert Javon Marks , in a recent Analysis , observed that Dogecoin could potentially surge as high as $20, marking a remarkable 60-fold increase from its current levels.  This ambitious projection is based on Dogecoin’s cyclical price behavior, which has historically demonstrated the cryptocurrency’s ability to deliver exponential gains during bullish market cycles. Picks for you Pete Sessions net worth revealed: How rich is the Texas representative? 31 mins ago ‘No need to be surprised’ when Solana hits $300 in ‘a matter of months ...

MicroStrategy bond risk problems grow daily as their zero-percent convertible bonds worry lenders. They have every reason to be worried. The cryptocurrency debt risks linked to their huge Bitcoin pile – 444,262 coins worth $41.249 billion – have everyone watching closely. Let’s explore this topic further and see if the situation is really that bad. Source: CoinMarketCap Also Read: Dollar Hits 6-Month High as U.S. Jobs Data Shows 269,000 Gain Convertible Bond Risks and Their Impact on Crypto Markets Source: Yahoo Zero-Percent Convertible Notes: A Double-Edged Sword Source: CoinMarketCap The MicroStrategy bond risk is at a value of a whopping $7.27 billion in convertible debt. Amazing numbers, right? “Bitcoin prices have dropped over 8.63% in the last one-month and it’s approximately 17% below the all-time high of $108,319.87,” market analyst Rishabh Mishra states. It is safe to state that these cryptocurrency debt risks are real, even though no one ho...

Solaxy ($SOLX) has raced past the $10 million mark after raising another $800k since Wednesday amid difficult market conditions. In under a month, with this capital raise and the upgrades it’s bringing to Solana (Layer-1), $SOLX is primed for liftoff.  As the project gains more visibility and broader access through an exchange listing, it could take off like a rocket. For those who missed out on Solana ($SOL) in its early days, this is the chance to get in on its first-ever Layer-2 solution and potentially witness a similar 378x return – or even surpass it. With just 48 hours remaining before the token price increases as Solaxy enters its next funding stage, now is the time to secure $SOLX at a lower price of $0.0016 per token. Factors That Could Drive $SOLX To Deliver Turbocharged Returns Solaxy enhances Solana, a blockchain already known for its fast transaction speeds and low costs. It builds on these strengths...