Cryptocurrency News Today TheBitTimes.com

Solaxy’s ($SOLX) fundraising to build Solana’s first Layer-2 is surging, with its ICO now surpassing $23.5 million. Meanwhile, market sentiment remains gripped by fear as Bitcoin slipped below $90,000 on Monday. This bearish outlook has spilled over to Solana, which has dropped to $141 at the time of writing, with concerns mounting over its upcoming token unlock in March. Despite the uncertainty, some analysts remain bullish on $SOL, projecting it could hit $551 this year. If that happens, Solaxy could ride the wave, positioning itself as a much-needed solution to Solana’s recurring network congestion issues. For perspective, Solana once traded at just $0.50. Even at today’s price, it has surged an astonishing 28,129%. Similarly, at its current presale price of $0.001646 per token, $SOLX is seen as a bargain by analysts and influencers like ClayBro and Borch Crypto, who predict potential gains of 30x to 50x. With the next presale s...

Bybit exchange suffered a devastating $1.5 billion hack, triggering massive outflows and impacting new crypto listings . The hack, attributed to North Korea’s Lazarus Group, drained seventy percent of client Ethereum holdings. The incident sparked widespread panic, causing total exchange assets to plummet by $5.5 billion. The exchange struggled to process withdrawals while Safe temporarily shut down its smart wallet functionality. Bybit’s team worked overnight to manually verify signatures and move three billion in stablecoins. Market confidence wavered as users rushed to withdraw funds, creating significant pressure on exchange reserves. New Cryptocurrency Releases, Listings, & Presales Today Metadrip integrates AI with automated trading, providing real-time insights and personalized strategies for investors. RELIGN advances artificial intelligence with reinforcement learning, optimizing problem-solving in gaming, software, and research. GENEX secures genetic data on...

The Pudgy Penguins price plummeted over 6% in the last 24 hours to trade at $0.01034 as of 9:47 p.m. EST as investors decrease their exposure to the meme coin. This 24-hour correction in the PENGU price has pushed the crypto’s weekly performance into the red by more than 5%. Pudgy Penguins Price Consolidates  4-hour chart for PENGU/USD (Source: GeckoTerminal ) The Pudgy Penguins price has been in a tight consolidation range between $0.00900 and $0.01098 in the last few days, GeckoTerminal data shows. This period of sideways trading could be the build up to a big move in the next few days. In the event of a bullish move, the Pudgy Penguins price might try to break above the upper boundary of the channel at $0.01098. A 4-hour candle close above this resistance could then lead to a climb to the subsequent barrier at $0.01433 in the short term. In a bearish case, the Pudgy Penguins price might test the lower boundary of the parallel channel at $0.00900. Losing the suppor...

Berachain has officially launched its mainnet, making its native token tradable across major exchanges like Coinbase, Binance, and Bitget. The project has emerged as a highly anticipated layer-one network, attracting significant attention within the crypto community. While it shares similarities with other blockchain networks like Avalanche and Solana, its unique consensus mechanism and growing ecosystem set it apart. As an EVM-compatible Layer 1 blockchain, Berachain differentiates itself through its innovative “Proof of Liquidity” consensus mechanism. Unlike traditional staking models, Berachain secures its network by incentivizing liquidity provision. Users who actively contribute liquidity are rewarded with BGT, the platform’s governance token, which plays a key role in the ecosystem. The network also Features an automated market maker (AMM), perpetual lending, and other DeFi components designed to streamline liquidity management and drive adoption. A key part ...

The Ethereum price plunged 4% in the last 24 hours to trade at $2,722 as of 03:21 p.m. EST on trading volume that rose 4% to $31.3 billion. This drop in the ETH price comes as the crypto market cap crashed 3% to $3.27 trillion, according to Coingecko .  Ethereum Price On A Decline The ETH price is currently on a decline, capitalizing on a rounding top pattern. Before this breakdown, the Ethereum price consolidated in a sideways range for several months, forming a base before its bullish breakout. However, after reaching a peak near $4,000, ETH reversed sharply, failing to sustain higher levels., according to GeckoTerminal data. Currently, ETH is trading below both the 50-day ($3,271.42) and 200-day ($2,964.68) Simple Moving Averages (SMAs), indicating bearish sentiment. The Relative Strength Index (RSI) is at 34.13, approaching oversold conditions. This suggests that while sentiment for ETH is bearish, it could soon experience a short-term relief bounce if buyers step in a...

The Dogcoin price soared 13% in the last 24 hours to trade at $0.002607 as of 02:30 a.m. EST on a trading volume that rose 27% to $626K. This rise in the DCOIN price comes despite the crypto market tumbling 10% to a $3.21 trillion market capitalization throughout the past day of trading. Dogcoin Price Aims For A Bullish Rally The DCOIN price movement appears to be in a consolidation phase after a previous spike, where it experienced a sharp rally followed by a steep correction. The Fibonacci retracement levels indicate key resistance and support zones. Meanwhile, the Dogcoin price is currently trading below the 0.618 Fibonacci level ($0.007607), which suggests that it has yet to reclaim significant bullish momentum, data from GeckoTerminal shows.  Additionally, the 0.786 Fibonacci level ($0.004232) stands as a critical resistance level that needs to be broken for further upside movement. The overall pattern suggests a period of accumulation, with the Dogcoin price movement ...

The Wall Street Pepe ($WEPE) presale continues its unstoppable rise, surging past $64.5 million in funding. After reaching $62.5 million on Tuesday, the presale has raised an additional $2 million in just the past 48 hours. The $WEPE token has been flying off the shelves, with investors FOMOing into it at its final price of $0.0003665 per token. However, once the token lists on a potential tier-1 exchange – given the attention it’s garnered and the funds raised – the price of $WEPE may never be this low again. With only 16 days remaining, time is running out to position your portfolio for maximum gains. Keep in mind the remaining tokens may sell out before the deadline, so act fast. Wall Street Pepe Is Outpacing 2024’s Top Presale The Wall Street Pepe presale end announcement came just a few days after the presale’s one-month anniversary. The massive funds raised in such a short period of time are nothin...

Crypto Zeus reviewed the newly launched AI-powered crypto presale, MIND of Pepe, which has already raised over $4 million shortly after its debut. As a Pepe-inspired AI meme coin, the project seeks to redefine how crypto evolve within the ever-competitive crypto space. This innovative platform is designed to interact with various platforms and influencers, generating a distinct presence and sharing insights on trending meme coins. Its dynamic approach includes providing exclusive information and Analysis to token holders, allowing them early access to developments before the broader market. MIND of Pepe is built around real-time intelligence and hive-mind Analysis , offering a groundbreaking way for holders to benefit from its evolving AI-driven ecosystem. This dynamic approach positions MIND of Pepe as more than just a meme coin. It aims to disrupt traditional influencer dynamics by leveraging artificial intelligence to drive its growth and popularity. Presale token holders gain ...

The XRP price edged up 1.4% in the last 24 hours to trade at $3.14 as of 02:29 a.m. EST on trading volume that surged 7% to $8.1 billion. This comes as Bitcoin Maxi Pierre Rochard, vice president of research at Riot Platforms, said that Ripple lobbying is behind President Donald Trump’s to sign an executive order for a digital asset stockpile instead of a Strategic Bitcoin Reserve. “It’s Ripple,” he said. “They are aggressively lobbying against the SBR by throwing around $millions at politicians, desperately trying to derail it.” Ripple CEO Brad Garlinghouse said the company’s intention was not to hinder the creation of the Bitcoin reserve but rather support a reserve that may also include other tokens. Unless you are choosing to ignore the core tenants of the POTUS campaign (which aggressively supports American companies and technologies), our efforts are actually INCREASING the likelihood of a crypto strategic reserve (which includes bitc...

The NOTAI price is down more than 26% on the weekly time frame despite a 3% increase in the last 24 hours to trade at $0.00005184 as of 2.30 a.m. EST on trading volume that skyrocketed 52% to $5.55 million. The token’s price was at $0.00006730 last Thursday, but it kept declining until it reached a bottom just above $0.000040 on Monday, Jan. 20. Then, over the last four days, its price gradually increased until it found a strong resistance at $0.000055. This level, which it first encountered yesterday, is still preventing it from progressing further up, and the price has since been fluctuating between $0.000050 and $0.000055. The project saw some positive developments lately, such as the announcement of a collaboration with Alpaca Network on Jan. 16. It also held a meme contest that ended on Jan. 20, as well as partnered with AgentsGPT on Jan. 21 and announced that it is joining forces with Wisdomise AI on Jan. 22. 🚀 Big news! 🚀 We've partnered with @th...

The Dogelon Mars price plunged over 14% in the last 24 hours to trade at $0.0000002871 as of 9:56 p.m. EST as investors dump their holdings in the meme coin on the market. Following the latest drop in the ELON price, the crypto is still up more than 42% on the weekly time frame and over 31% on the longer 30-day time frame. Dogelon Mars Price Testing Support 4-hour chart for ELON/USD (Source: GeckoTerminal) The Dogelon Mars price is testing the support level at $0.0000002848 following a sequence of lower lows and lower highs on the 4-hour chart. Should the meme coin fall below this mark, it could stand the risk of dropping to the next major support level at $0.0000002234 in the next 24 hours. The Dogelon Mars price closing the next 2 4-hour candles above $0.0000002848 might stop the bearish move from continuing. In this alternative scenario, traders could end up identifying the crypto’s current price levels as a good buy opportunity. This potential buy volume might then pus...