Cryptocurrency News Today TheBitTimes.com

Prominent meme coin Shiba Inu (SHIB) has garnered immense popularity after it turned the fortune of several investors. During its early days, the asset managed to create millionaires and billionaires. Since its debut in 2020, the asset has grown by 1596625.49% up until now. While this growth was seen in the past, the asset could still have the potential to reach better heights. But can the meme coin surge enough for an investor to retire? Also Read: De-Dollarization To End: Russia US Meet To Rekindle New Reforms? Shiba Inu’s (SHIB) Current Market Situation Source: Token Metrics At press time, Shiba Inu was trading at $0.00002134. This comes after a 1.16% drop over the past 24 hours. Throughout the last week, the meme coin recorded a massive decline of 21%. This pushed SHIB even further from its all-time high of $0.00008845. Source: CoinMarketCap Also Read: North Korean Hackers Stole $1.3 Billion in 2024 Is Retirement With Shiba Inu Still Possible? Source: Watcher Guru The location...

As the year 2024 comes to an end, the cryptocurrency community is eager to see what the coming year holds. Throughout the past 12 months, several assets in the market recorded a notable uptick. Certain cryptocurrencies like Bitcoin (BTC) and Solana (SOL) managed to record new all-time highs. Amidst this, Ripple’s XRP also stands out despite its inability to reclaim its peak. Can the altcoin hit a new high in 2025? Also Read: Experts Predict 3,000% Surge for These Altcoins—XRP Not Included XRP’s Weekend Struggles Source: CoinMarketCap At press time, the altcoin was trading at $2.19. This comes after a nearly 3% price drop over the past 24 hours. Ripple’s cryptocurrency had a rather tough week as it saw a 9% downfall throughout the last seven days. Despite this, the asset’s monthly gains are at 40%. While the community has increased hopes for the cryptocurrency, XRP continues to remain 43% below its all-time high of $3.84. The asset hit this peak back in 2018, whic...

The cryptocurrency market experiences changes and developments that shape investment choices every day. Since last month, the cryptocurrency market has been on a bullish run, even as several tokens experienced price fluctuations. The crypto market is observing a noteworthy increase in trading signals, leading investors to religiously search for the next promising token. However, spotting the next cryptocurrency to explode amidst this abundance requires a thorough understanding of the market dynamics. Today’s article identifies coins with some potential and informs investors and traders about each token. Next Cryptocurrency To Explode Today’s review highlights promising cryptocurrencies that investors should keep an eye on. Among these is a new project called Wall Street Pepe. Wall Street Pepe is a new variation of the beloved Pepe coin that aims to empower traders with exclusive market insights and tips. The token has taken the crypto scene by storm, raising over $20 mill...

The current state of the crypto market is looking incredibly bullish, with the total market cap reaching $3.4 trillion. This period has sparked an intense wave of interest in meme coins, contributing to a positive trend in altcoin season. This surge is being fueled by significant liquidity entering the market, with high levels of greed and optimism. As this momentum builds, several meme coins are drawing considerable attention, showing strong potential for continued growth. Pepe (PEPE) Pepe coin is currently showing strong momentum in the market, marked by an exciting upward trend. In the past 24 hours the $PEPE price increased by 21%. With four consecutive green candles on the daily chart and new all-time highs recently, the coin is riding a wave of bullish sentiment. The growing interest in Pepe coin is also reflected in its increasing whale activity, with the number of large holders rising significantly. This influx of whale activity suggests a shift in market dynamics, with mo...

In what is an important development for the cryptocurrency sector, France’s second-largest bank, Groupe BPCE, is officially set to launch Bitcoin and cryptocurrency investment services. Indeed, the services will launch for the bank’s 35 million users, according to an official notice from the country’s financial regulator, Autorité des Marchés Financiers (AMF). The bank’s cryptocurrency business, Hexarq, is now officially approved to begin providing a host of digital asset-related services. Specifically, those authorizations include crypto custody, buying, selling, and trading the tokens against the Euro. JUST IN: France's second-largest bank, Groupe BPCE to launch Bitcoin and cryptocurrency investment services for its 35 million users. — Watcher.Guru (@WatcherGuru) December 20, 2024 Also Read: Circle Gets First Stablecoin License Under New EU MiCA Crypto Rules Second-Largest Bank in France Approved to Launch Crypto Investment Services There is no denying how imp...

The number of “buy the dip” mentions on social media platforms has reached its highest level since April after the crypto market cap plunged 6% and meme coins shed more than 9% of their value in the last 24 hours. “With Bitcoin falling as low as $95.5K today, the ratio of crypto discussions that are about buying crypto’s dip has reached its highest level in over 8 months,” said the on-chain analytics firm Santiment in a Dec. 19 X post . “The last time we saw the crowd nearly this enthusiastic about dip buying was the major crash on August 4th. Since that time, Bitcoin’s market cap is +81% higher.” Bitcoin Drags Crypto Market Down After Falling Below $100K Crypto market leader Bitcoin (BTC) dropped below $100K in the last 24 hours, and has since been unable to recover. As of 1:34 a.m. EST, the largest crypto by market cap trades at $96,490.59, which marks a more than 4% price decrease compared to the day before. The pull back in BTC...

Ripple’s cryptocurrency XRP recorded a major drop in its price today. The asset’s price momentarily dipped to less than $2.20. Even after this, the cryptocurrency is still among the top-performing ones this year. The altcoin recorded a staggering 300% rise from January 1. While the asset is still at a distance from its all-time high, XRP seems to be making strides. The community has increased hopes for the asset during the second half of the last month of the year. Also Read: Bernstein Predicts Amazon (AMZN) To Hit $265 Amid Bullish Markers Ripple’s XRP Shines Through the Day Source: Trackinsight At press time, XRP was trading at $2.41 after a nearly 6% drop over the past 24 hours. The asset is currently 37% below its all-time high of $3.84. Along with its price, the volume of the asset witnessed a major rise. Ripple’s cryptocurrency saw a 36% uptick and currently stands at $22.83 billion. Source: CoinMarketCap It should be noted that Ripple introduced RLUSD, its...

A crypto trader managed to turn $712 into $3.95 million in less than a day trading a new Solana meme coin by the name of Unicorn Fart Dust (UFD). The massive gains come after the new token’s price surged over the last 24 hours, netting a 5,546X return for the trader. UFD’s positive momentum continued in recent hours, with DEX Screener data showing the meme coin climbed more than 70% in just the last 6 hours. UFD Was Created To Try Show That Meme Coins Are Worthless UFD’s creator is known for supporting investments in gold and silver. He launched the project as a joke in an attempt to show that meme coins are worthless and to make fun of the crypto market. In an uploaded video, the creator said that the meme coin and broader crypto market has gotten “out of control,” and referenced an article that mentioned how another meme coin called Fartcoin reached a $500 million market cap to illustrate his point. To add to his argument, he said that he launched UF...

Coinbase has filed its response to BiT Global’s lawsuit over the delisting of Wrapped Bitcoin (WBTC).  Justin Sun-advised BiT Global’s original lawsuit centered around Coinbase’s decision to delist WBTC. The custody provider alleged that this was an unfair assault on its reputation that could potentially lead to it losing “more than $1 billion in its market valuation.” It additionally alleges that Coinbase was attempting to monopolize the tokenized bitcoin (BTC) space to favor its own product, Coinbase Wrapped Bitcoin (cbBTC). BiT Global is seeking an order that would obligate Coinbase to relist WBTC. Coinbase to delist WBTC months after Justin Sun controversy Read more: Justin Sun-advised HTX has redeemed 7,300 WBTC it did not disclose In its response to the lawsuit, Coinbase took aim at Sun . It pointed out that the decision to delist WBTC was centered around a belief that there was an “unacceptable risk that control of wB...

UBS, a leading financial service provider, recently shared a new Analysis on the US Dollar. The firm was quick to note the recent dollar rallies, adding more power to the currency, but has also predicted a mild scope of volatility that may cause disruptions in the US dollar’s long-term scaling plans. Also Read: $200K Bitcoin (BTC) in Sight by 2025, Predicts Bitfinex UBS Predicts New Details About The US Dollar Source: iStock UBS, in a recently released statement, has outlined striking new pointers for investors to take note of. For instance, the financial giant believes the US dollar will continue to thrive as the strong US political momentum may help the currency establish strategic control. With Trump ascending towards the White House and pledging to protect the USD in the long haul, the current sentiment is pushing the USD to scale new highs, ushering in new gains for the greenback to bask in. “The second term of President Trump, along with the Republican Party’s control...

Frog coins have become a dominant trend this cycle, with an increasing number of projects making their mark. One of the latest is Wall Street Pepe, a newly launched ICO that has rapidly raised millions daily. In addition to Wall Street Pepe, other notable frog-themed meme coins such as Turbo, Hoppy, and PeiPei are gaining considerable attention. These tokens are positioned to take over the market in the near future. With the year coming to a close, now is the perfect time to assess which frog-themed coins are primed for significant growth in the upcoming year. Turbo (TURBO) Turbo is a standout in the frog coin space, thanks to its integration with artificial intelligence. The project leverages AI to create a meme coin that’s not only fun but also has substantial backing from the tech world. Currently down by 4.3% in the market, Turbo remains one of the most promising coins, with a potential market cap forecasted to reach $5 billion in the future. What makes Turbo unique is i...