DeFI News by Thebittimes.Com

Trump wished a happy birthday to the anniversary of Bitcoin’s whitepaper and called on ending “Kamala’s war on crypto” Since Bitcoin’s initial days, its price has risen to over $72,000 and is accepted as legal tender in El Salvador Trump’s post comes less than a week before the US election results are in Former US President Donald Trump has sent well wishes celebrating the 16th anniversary of Bitcoin’s whitepaper. Posting on X, Trump said: “I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper,” adding: “We will end Kamala’s war on crypto & Bitcoin will be MADE IN THE USA! VOTE TRUMP! #Bitcoin #FreeRossDayOne.” On October 31, the mysterious creator of Bitcoin, Satoshi Nakamoto, released the whitepaper Bitcoin: A Peer-to-Peer Electronic Cash System, which would change how we view money. Detailing how the current financial system works, the...

Bybit, the world’s second-largest cryptocurrency exchange, has launched bybit.kz, a fully localized platform for the Kazakhstani market, as revealed to Finbold on Wednesday, October 31.  With full authorization from the Astana Financial Services Authority (AFSA), Bybit is now fully compliant with the Central Asian country’s regulatory standards. Bybit is now fully licensed in Kazakhstan! Exciting things coming in October. Learn more https://t.co/spnN43HXsu pic.twitter.com/llcPbQHWsj — Bybit (@Bybit_Official) September 29, 2024 Picks for you 'Rich Dad' Robert Kiyosaki explains his big bet on Bitcoin 8 mins ago Binance uses Amazon’s AI solutions to elevate its user experience  55 mins ago ...

As Bitcoin hovers near $72,000, Pepe Unchained has reached a significant milestone, raising over $23.5 million in funding to date. Bitcoin’s potential for a substantial price surge and the emerging success of meme coin Pepe Unchained offer exciting developments in the crypto market. Bitcoin appears to be consolidating around the $70,000 mark—a level that previously represented euphoric highs. This extended stability is viewed as a positive indicator, suggesting a possible breakout past the critical $73,000 resistance level, which could drive Bitcoin to new heights, potentially reaching $82,000 or more by year-end. The current Fear and Greed Index indicates high greed in the market, and Bitcoin’s RSI levels show a healthy, non-overbought position, reinforcing confidence in further upward momentum. In parallel, Pepe Unchained, a new meme coin, has raised over $23.5 million in funding and is on track for an upcoming price increase. Potential investors can visit our gu...

The Hawk Tuah (HAWK) meme coin continues to surprise in the crypto world, posting an impressive 47% price increase in October and currently trading at $0.00003711. Hawk Tuah (HAWK) 1-month chart. Source: CoinMarketCap While this rally may be enticing, potential investors should remember that HAWK, like its counterpart HAWKTUAH, is a meme coin—highly speculative, driven more by internet culture than by any underlying fundamentals. Despite its recent gains, HAWK’s market cap is a modest $35,730, and its 24-hour trading volume is up to $140.79, a 260.36% surge in daily activity. This spike in volume, while eye-catching, doesn’t signal stability. In fact, HAWK’s current market position is a shadow of its former glory days, when it hit a peak market cap of $1.92 million and traded at $0.0027.  Picks for you What will Nvidia stoc...

The cryptocurrency market is experiencing significant momentum this October, commonly referred to as “Uptober,” as Bitcoin rallies above $71,000. This price level represents its highest point since June 2024 and marks a potential lead-up to a test of its all-time high of $73,500. Several factors are fueling this surge, notably increased investments through Bitcoin-focused ETFs and heightened anticipation around the upcoming U.S. election, which could impact regulatory sentiment. This bullish wave has positively affected other major altcoins as well. Ethena, for instance, has shown an impressive 12% increase in recent days, now trading at $0.3835. The SEI token has also performed well, with an 8.34% increase over the past 24 hours.  This article highlights some of the best crypto to buy right now , driven by a mix of market dynamics, speculative interest, and potential regulatory impacts from significant economic events. Best Crypto to Buy Right Now Recent figures hi...

The Ethereum price surged 5% in the last 24 hours to trade at $2,616 as of 03:45 a.m. EST on trading volume that skyrocketed 77% to $21.51 billion. This comes as Ethereum’s co-founder Vitalik Buterin shared a detailed blog post outlining key initiatives to optimize the Ethereum Virtual Machine (EVM) and account security as part of the ‘The Splurge’ roadmap. The Splurge roadmap from the Ethereum development team focuses on refining the Ethereum protocol to ensure its long-term success. Ethereum Price Aims For A Breakout The Ethereum price has been in a downtrend since reaching the $4,000 resistance in March but appears to be forming a consolidation pattern in recent months. Specifically, it’s in an ascending triangle pattern, which is typically a bullish continuation pattern, as the bulls capitalize on the $2,250 support level, according to data from GeckoTerminal . The price of Ethereum now trades above the 50-day Simple Moving Average (SMA), which acts a...

Hong Kong is set to license more cryptocurrency exchanges by 2024, aiming to enhance regulatory compliance in the digital finance sector. A recent policy supporting AI in finance is intended to foster innovation while managing regulatory challenges. Additionally, proposed tax breaks on virtual assets aim to boost Hong Kong’s appeal as a digital investment hub. Together, these developments reflect the growing acceptance of cryptocurrencies and digital assets in mainstream finance. In light of these shifts, this article explores some of the top cryptocurrencies to buy now , offering insights for investors considering opportunities in the evolving crypto market. Top Cryptocurrencies to Buy Now MANTRA is priced at $1.39, showing a notable increase of 9.54% in the last 24 hours. This rise positions it among the top market gainers. In another development, Chiliz announced that Socios.com, its main platform for fan engagement, has received “in-principle” approval from the...

Ripple (XRP) and Solana (SOL) can be dubbed two power-packed tokens of the cryptocurrency market. Both tokens have had a raging 2024, with new developments hovering over both tokens and pushing them to go behind their realms to aim for higher price peaks. Here’s how November may ultimately prove for XRP and SOL. Will they be able to claim new price peaks this month? Also Read: BRICS: 85% Trade Settled in Local Currencies, Not US Dollar Ripple (XRP) Price Forecast for November Source – FXEmpire Ripple has had a remarkable 2024, with November approaching with renewed investor hopes. For instance, Ripple’s win against the US SEC helped XRP break free from intense public speculation. At the same time, the token enters the stablecoin arena with RLUSD, and talks of XRP ETFs are also in the mix. Both developments may prove lucrative for XRP in the long run, considering how the token is onboarding new users while peaking interest in the industry. According to CoinCodex, XRP may note...

Bitcoin shows signs of a breakthrough after months of sideways trading patterns. Bernstein predicts an incredible surge to $200,000 by the end of 2025. This forecast represents a potential 200% gain from current price levels. Wealthy investors and hedge fund managers are rapidly accumulating Bitcoin positions. Market sentiment strengthens as experts anticipate post-election price rallies in 2024. This bullish outlook is inspiring new token launches that are hoping to ride Bitcoin’s momentum. New Cryptocurrency Releases, Listings, & Presales Today Following the announcement of their launch, users can check their $AIX eligibility and claim their rewards. $BZE network’s recent announcement of a successful upgrade to version 7.1.1. Is making attracting investors.  1. AlienXChain ($AIX) A revolutionary force emerges in blockchain technology with AlienXChain’s AI-driven network. This innovative platform harnesses 50,000 AI nodes for enhanced security and netwo...