Cryptocurrency News Today TheBitTimes.com

River, a U.S.-based Bitcoin technology and financial services company, predicts that within the next 18 months, 10% of American businesses will allocate around 1.5% of their treasury reserves to Bitcoin, totaling approximately $10.35 billion. This projection comes amid growing concerns over a possible U.S. economic recession by July 2025. Meanwhile, Ripple has declared its backing for Kamala Harris in the 2024 presidential election. The company is facing difficulties with the performance of its XRP cryptocurrency compared to Bitcoin. Given the increasing adoption of digital assets, investors are searching for the best cryptos to add to their portfolios. For investors seeking such, this list covers the 6 best altcoins to watch today. 6 Best Altcoins To Watch Today Chainlink is a decentralized oracle network that enables communication between blockchains and external data sources. Floki is working to move beyond its meme origins by providing greater utility for its token holders. Card...

Uniswap's Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20 over concerns about price speculation. Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about price speculation over the previous days. Adams deployed the HAY token for testing five years ago, before the launch of the decentralized protocol Uniswap. He created a small test liquidity pool with a tiny fraction of the total supply and kept over 99.9% of HAY tokens in his wallet. Just a few weeks ago, the token was trading like a memecoin in the six-figure range: "Over the years, a few people have noticed it and bought it as a joke/for the novelty of it. Was extremely surprised to see people buying and selling significant dollar amounts this past week, treating it like a memecoin. Crypto can be weird sometimes." Five years ago, befor...