Cryptocurrency News Today TheBitTimes.com

1. The Mainland of China’s Crypto News This Week 1.1 Chainalysis Estimates: Chinese OTC Crypto Brokers Saw Quarterly Inflows Exceeding $20 Billion for Three Consecutive Quarters link According to Chainalysis, it is estimated that in the three quarters leading up to June, China’s over-the-counter cryptocurrency brokers saw quarterly inflows exceeding 20 billion dollars, marking a record high since 2021, with a total accumulation of 75.4 billion dollars over nine months. Eric Jardine, head of cybercrime research at Chainalysis, noted that given China’s regulatory landscape, which includes bans on cryptocurrency trading and mining, these services undoubtedly exist in a gray economic zone. Chainalysis also highlighted that approximately 55% of the total value received by Chinese OTC traders comes from transfers exceeding 1 million dollars, though the data currently does not allow for distinguishing whether these transfers originate from wealthy individuals or businesses trading on behalf o...

Aave price prediction shows that AAVE continues its rally as the coin spikes higher to touch the resistance level of $172.49. Aave Price Prediction Statistics Data: Aave price now – $169.52 Aave market cap – $2.52 billion Aave circulating supply – 14.9 million Aave Coinmarketcap ranking – #38 This Aave’s price has shown notable volatility, with a 24-hour range between $163.63 and $172.00. Despite its current value, the token once peaked at an all-time high of $666.86 on May 18, 2021, but is now down by 74.85%. This significant drop from its peak highlights the dynamic nature of its performance, offering potential future opportunities for those keeping a close eye on the market. AAVE/USD Market Key Levels: Resistance levels: $195, $200, $205 Support levels: $145, $140, $135 AAVEUSD – Daily Chart AAVE/USD trades near significant resistance levels above the 9-day and 21-day moving averages. On the daily chart, Aave is approaching the up...

In the market today, to be a well-informed investor, it is crucial to pay attention to top crypto gainers . These tokens often indicate emerging trends and potential returns. This article highlights standout performers like Myria, Shiba Inu, eCash, and Raydium, each showcasing unique growth drivers that can shape the market. Understanding these dynamics helps investors identify promising opportunities. Seize this opportunity to boost your portfolio!   Biggest Crypto Gainers Today – Top List Today’s crypto market is buzzing with action as Myria surges by 28.87%, likely due to favorable market dynamics rather than any specific news. Shiba Inu jumps 21.27%, driven by community momentum and recent Shibarium developments, plus a rise in token burns.  Also, eCash experiences a 14.40% rise following its new listing on Coinstore, boosting liquidity and interest. Finally, Raydium’s 12.45% surge comes from its partnership with 21BTC, increasing liquidity in the Sola...

As the cryptocurrency market continues to evolve, Hamster Kombat’s HMSTR token has entered the spotlight with its recent debut on multiple exchanges. While the listing has garnered significant attention, it has also been met with a steep price decline and mixed user feedback. THE MOMENT IS HERE $HMSTR trading has official begun! Congratulations, and to the moon, CEOs! pic.twitter.com/a0Yy7VRAxb — Hamster Kombat (@hamster_kombat) September 26, 2024 Token Launch and Price Drop Hamster Kombat, the popular tap-to-earn Web3 game hosted on Telegram, recently announced that its HMSTR token is now live on major exchanges, including Binance, HashKey, OKX, and KuCoin. Trading commenced at 12:00 pm UTC, with an immediate backlash as the token’s price dropped sharply. Initially valued at $0.012, the HMSTR token plummeted by approximately 30% within 24 hours, falling to around $0.0087. Notably, within just one hour of trading, the price dipped by 10%, in...

Doodles, the entertainment company and the parent company behind the popular Doodles non-fungible token collection, has announced plans to release its highly anticipated ‘Draw Me Crosser’ soundtrack late this week. This much-anticipated soundtrack is part of the three-song original soundtracks for its “Dullsville and the Doodleverse project. Doodles To Release Its Draw Me Crosser Soundtrack This Week In a September 25 blog post, Doodles confirmed ready plans to launch its Draw Me Crosser soundtrack this coming Friday. This much-anticipated soundtrack will launch on Doodles TV, a public digital platform offering exclusive content, premieres, and viewing events within the Doodles ecosystem and beyond. The platform was tailored to strengthen the bond between creators and fans. up next on Doodlesᵗᵛ → Doodleverse (Draw Me Closer) featuring @lilyachty @pharrell @swaelee the third and final release from the Dullsville and the Doodleverse soundtrack drops...

A crypto strategist closely followed for well-timed altcoin predictions thinks one Ethereum (ETH) challenger is ripe to ignite big upside bursts. Pseudonymous analyst Bluntz tells his 275,500 followers on the social media platform X that Near (NEAR) has taken out the diagonal resistance of a falling wedge pattern on the three-day chart. A falling wedge structure is viewed as a bullish reversal signal as it suggests that buyers are stepping in to decrease the rate of an asset’s price decline. Says Bluntz, “Three-day candle about to close and NEAR has a beautiful trend break now.” Source: Bluntz/X Zooming in, Bluntz says NEAR appears to be following in the footsteps of fellow layer-1 protocol Sui (SUI), an altcoin that has printed gains of about 120% this month. “NEAR finally coming in hot with a channel breakout. In environments like these, they usually indicate a huge breakout move is underway.” Source: Bluntz/X At time of writ...

Do Kwon’s controversial extradition to South Korea could have been part of a trade deal that would give the country control of Montenegro’s airports for 30 years, according to the former Justice Minister. Andrej Milović, who is now running for mayor, told publisher Vijesti that Prime Minister Milojko Spajić would use Do Kwon as a tool to trade state interests and resources “as compensation for covering up this case.” Spajić supposedly prepared for months to give France concession over Montenegro’s airports. However, Milović says that he began to “speak positively” about a South Korean airport deal after the court of appeal ruled that Do should be extradited to South Korea. “Therefore, I ask Spajić, did he extort extradition in order to cover up the case, in exchange for the Montenegrin Airport concession?” he said.   Pictures of Podgorica Airport in Montenegro’s capital (Sourced from Wikimedia Commons). He added, “By extraditing Do Kwon to South Kore...

A federal judge in New York has sentenced Caroline Ellison, ex-girlfriend of Sam Bankman-Fried to two years in prison for her role in the FTX $8 billion fraud case. Judge Lewis Kaplan said that despite the sentencing, Ellison behaved much differently than her ex-boyfriend did throughout the proceedings, saying she provided “very, very substantial” cooperation. JUST IN: Caroline Ellison sentenced to 24 months in prison in FTX fraud case. pic.twitter.com/yM4hUWIo0P — Watcher.Guru (@WatcherGuru) September 24, 2024 Bankman-Fried was convicted as charged and is currently serving a 25-year sentence. However, Ellison will only serve 24 months. “She cooperated and he denied the whole thing,” Judge Lewis Kaplan said. “I’ve seen a lot of cooperators in 30 years here. I’ve never seen one quite like Ms. Ellison.” However, the judge added that even extraordinary cooperation could not be a “get out of jail free card.” Caroline Ellison Shares Regret Following 2-Year Prison Sentence F...

Nvidia (NASDAQ: NVDA) has been the darling of Wall Street, particularly within the AI space, and for good reason.  Thanks to its stranglehold on the AI chip market, where Nvidia holds a near-monopoly on the hardware needed to power artificial intelligence models, its shares are up 141.35% year-to-date, now trading at $116.26.  However, recent softness—a decline of 7.98% over the past month—has raised some eyebrows among analysts and investors. Picks for you Cryptocurrency trader turns $135 into $1.2 million in 15 days 1 hour ago Bybit launches the world-first Islamic crypto account 2 hours ago Cryptocurrency trader turns $800 into...

Top US-based crypto exchange Coinbase says its wrapped version of Bitcoin (BTC) is coming to the smart contract platform Solana (SOL). In a session during the Solana Breakpoint 2024 event, Coinbase executive Hasan Ahmed says the crypto exchange is introducing Coinbase Wrapped Bitcoin (cbBTC) to the Ethereum (ETH) competitor’s blockchain. “We recently launched cbBTC on Base, but our users love Solana and so do we, so we are very excited to announce that we will be bringing native cbBTC to Solana as well.” Base is Coinbase’s Ethereum layer-2 solution designed to allow developers to build applications without getting bogged down by high gas fees. Earlier this month, Coinbase launched cbBTC, an Ethereum-based token backed by Bitcoin that gives BTC holders access to decentralized finance (DeFi) protocols via the Base and Ethereum blockchains. “cbBTC is built to be seamlessly compatible with DeFi applications, so users can now tap into n...

Bitcoin ETF options have been approved by the SEC, and this is a significant development for BlackRock’s BTC ETF. This decision allows Nasdaq’s International Securities Exchange to list and trade options on the iShares Bitcoin Trust (IBIT), which could potentially reshaping Bitcoin investment strategies. Also Read: US Stock: Trending Share To Buy In September Per Market Experts Unlocking the Future: BlackRock BTC ETF, SEC Approval, and Smart Bitcoin Investments SEC Greenlights Bitcoin ETF Options The U.S. Securities and Exchange Commission has given the go-ahead for options trading on BlackRock’s widely-traded Bitcoin exchange-traded fund. This useful approval follows after months of anticipation since BlackRock’s posted their request in March of 2024. Fed-Induced Bitcoin Rally The image shows Bitcoin’s price movement against its 200-day moving average from September 2023 to September 2024. We can see a significant rally forming, with Bitcoin testing the 20...