DeFI News by Thebittimes.Com

Cryptocurrency trader Ali Martinez is leaning bullish on Bitcoin (BTC) while offering his forecast for Ethereum (ETH) and Dogecoin (DOGE). Martinez tells his 91,300 followers on the social media platform X that online searches for the keyword “Bitcoin” are in the bottom 50th percentile, suggesting low interest relative to the levels usually experienced at the height of bull markets. “Investor sentiment remains subdued, far from euphoric—indicating Bitcoin may still have significant room to grow before reaching a market top.” Source: Ali Martinez/X Bitcoin is trading at $97,450 at time of writing. Next up is Ethereum. Martinez says that Ethereum could rally by around 67% from its current level over the medium term. Over the long term, the he says the top altcoin could go up by nearly 180% over the coming weeks, eclipsing its all-time high of around $4,900 reached in November of 2021. Based on Martinez’s chart, it appears that Ethereum is ...

The cat-themed Mog Coin has plunged 19% in the past week, while new rival meme coin Catslap ($SLAP) has skyrocketed 25% in hours and is trending on Crypto.com after a token burn program fueled growing interest. According to the countdown on the Catslap homepage, a ‘major announcement’ from the team is due in five days.  Bulls are getting into position for the ride higher as rumors about centralized exchange (CEX) listings swirl. The team has now confirmed that the name of the CEX will be revealed in the coming announcement.  $SLAP is trending not just on DexTools and other decentralized exchange trading sites, but also on Tier 1 CEX crypto.com. Might crypto.com be the mystery exchange? While cat meme coins such as MOG and Popcat start to feel tired and ‘meowed’ out, it increasingly looks like Catslap is poised to pounce on its prey to become the top cat – it might even threaten to dethrone our amphibian frie...

On Thanksgiving evening, the prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ Robert Kiyosaki, shared his thoughts about why the debate between those favoring Bitcoin (BTC) and those favoring gold is little more than a smokescreen. WHO CARES? I watch in amusement as so called “experts” debate Gold vs Bitcoin. I was fortunate enough to realized “We The People” were being “F’d” by our own government in 1965. Specifically, he said he finds much amusement in high-level arguments on the merits – or lack thereof – among scholars and those at the helm of institutions such as the U.S. Treasury. Picks for you Ethereum Rainbow chart predicts ETH price for Jan 1, 2025 19 hours ago Khabib ‘suppor...

Popular crypto analyst Altcoin Sherpa is warning that Ethereum (ETH) may have a steep correction in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 233,100 followers on the social media platform X that ETH/BTC could decline more than 35% from its current value. “ETH: I don’t know if this bottoms until 0.024 BTC ish, could be another big move down if BTC legs up past $100,000 strongly. Utter destruction.” Source: Altcoin Sherpa/X ETH/BTC is trading for 0.03768 BTC ($3,624) at time of writing, up 3.92% in the last 24 hours. Next up, the analyst warns that the most popular memecoin by market cap Dogecoin (DOGE) may dip below the lower bound of a trading range to around $0.32. “DOGE: deviation above the highs, now probably going to be a deviation below the lows. Still bullish on this one overall and even more so if BTC legs up.” Source: Altcoin Sherpa/X DOGE is trading for $0.40 at time of writing, up 4.9% in the last 2...

The Dogecoin price went up 3% in the last 24 hours to trade at $0.4053 as of 2 a.m. EST on trading volume that dropped 18% to $7.35 billion. While Dogecoin’s performance in the last 24 hours might not be particularly impressive, its monthly chart shows a massive 146% surge. The world’s oldest meme coin skyrocketed around November 10 in a surge that took it from $0.20 to $0.40 over the course of the next two days. Ever since, DOGE has been trying to breach the resistance at $0.40, and while it managed to briefly climb over this barrier several times in the past few weeks, its price would always get rejected. Even right now, the meme coin is trying to turn this level into a support that would allow it to continue its climb. The coin’s price exploded around the same time when BTC crossed the $90k mark for the first time, but while BTC nearly reached $100k, stopping less than $350 away from this goal, DOGE has yet to even approach its own long-term goal of $1, which is ...

Following the leading crypto’s skyrocketing value throughout this year, a publicly traded Chinese company, SOS, is planning to buy $50 million worth of Bitcoin. Indeed, the company is set to “strengthen global crypto investment” strategies through the acquisition of the digital asset. Similar BTC purchasing plans have been transformative for companies like MicroStrategy (MSTR). The Michael Saylor-led firm has made its acquisition plan of the leading cryptocurrency a vital part of its operations. Moreover, it only added to that this week, when it purchased another $5.4 billion worth of the asset. JUST IN: Publicly traded Chinese company SOS plans to purchase up to $50 million worth of #Bitcoin. — Watcher.Guru (@WatcherGuru) November 27, 2024 Also Read: Can Bitcoin Reach $100k in November 2024? SOS Becomes Latest Company to Introduce Bitcoin Acquisition Plan There is no denying that 2024 has been the biggest year for crypto yet. Moreover, Bitcoin has seemingly been the rising tide t...

Arthur | ZHIXIONG PAN Can immutable smart contracts become the target of sanctions? This is the core issue faced by the U.S. Fifth Circuit Court of Appeals in the Tornado Cash case. Yesterday, the court ruled that the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) exceeded its authority in sanctioning Tornado Cash. This decision not only marks a victory for the plaintiffs but also sparks discussions about technological neutrality and the boundaries of law. The rise of blockchain technology has brought a revolution in privacy and decentralization, accompanied by regulatory challenges. When the privacy tool Tornado Cash became the focus of money laundering controversies, the U.S. Treasury imposed strict sanctions on it. However, the court pointed out that Tornado Cash’s immutable smart contracts do not align with the traditional legal definition of “property.” These smart contracts are decentralized, self-executing, and uncontrolled code, which cannot be owned ...

A widely followed analyst is suddenly turning bullish on the native token of the modular blockchain network. The analyst pseudonymously known as Pentoshi tells his 824,900 followers on the social media platform X that Celestia (TIA) may soar about 100% from its current value. According to the trader, TIA has kicked off its uptrend after taking out its resistance at around $7.00. “TIA update: accelerate (this week, hopefully, probably). Clear trend change. Clear invalidation if closes back within previous range.” Source: Pentoshi/X Looking at his chart, the analyst suggests that TIA may reclaim $11.74 as support and head toward $15.34. TIA is trading for $7.66 at time of writing. Next up, the analyst is identifying a doji bottom in Ethereum’s (ETH) Bitcoin pair (ETH/BTC) on the weekly chart. The doji candlestick pattern, which indicates a small trading range and a nearly equal opening and closing price for a financial asset, is used to identi...

The Mad price has surged 233% in a week, despite plunging 6% in the last 24 hours, to trade at $0.00003984 as of 2.30 a.m. EST on trading volume that declined 17% to $6.93 million. The MAD price initially skyrocketed from $0.000012 on November 19 to $0.00007374 — a new all-time high that finally allowed it to overcome the record made in late July when it reached $0.00003650. 🚀 THE ALL-TIME HIGH PARTY HAS BEGUN! 🚀 What a journey it’s been! We’ve hit a NEW ATH, and we’re not stopping anytime soon. Thanks to the amazing community that’s been here every step of the way!$MAD is here to stay, and we’re just warming up! 😈💜#mad #alltimehigh… pic.twitter.com/Sv30XvpQk4 — MAD 😈 (@madcoinvip) November 21, 2024 The project also announced reaching 30,000 token holders on the same day, as its price surge attracted many new traders and investors looking for valuable opportunities. After it hit ATHs, it als...

The OG meme cryptocurrency Dogecoin (DOGE) has been on the market for quite some time now. The asset’s growth has been at two extremes. While DOGE has moved sluggishly during certain years, the last 12 months have been particularly bullish for the meme coin. The asset hit a notable high of $0.4775 earlier this month. While the community waits for DOGE to surge, several are investing now hoping for the asset to hit a new high. Also Read: Can XRP Hit $2 Before Thanksgiving 2024? Can Dogecoin Reach 50 Cents Soon? Over the past month, Dogecoin has surged by a notable 219%. At press time, DOGE was trading at $0.4302 following a nearly 2% spike over the last 24 hours. Amidst this, the daily volume of Dogecoin dipped. The asset’s 24-hour volume stood at $10.65 billion. Source The asset is expected to hit $0.50 sooner rather than later. The meme coin hit an all-time high of $0.7376 about four years ago in 2021. Currently, DOGE is 41% below this mark. While this seems like a long way...

New meme coin Catslap (SLAP) is taking the crypto market by storm after its price skyrocketed 3,297% in just the last 4 days, prompting comparisons with the viral Telegram clicker game Hamster Kombat. Players have been flocking to Catslap  to compete with other players and climb the game’s Slapometer. According to the project’s website, more than 6.16 million slaps have been recorded from across the globe already. The uptick in in-game slaps comes amid growing speculation that a play-to-earn (P2E) element will make its way to Catslap’s ecosystem. Although the project has not yet confirmed that a P2E element will be added, the allocation of 10% of SLAP’s total supply to community rewards suggests this functionality might become a feature soon. And its developer says that a major announcement will be coming in about 9 days. In addition to the surge in slaps, there is also a lot of trading activity around the crypto. Dextools data shows the total trading v...

The International Federation of Association Football (FIFA) has partnered with Mythical Games to create FIFA Rivals, a new Web3 mobile game officially licensed by the global sports organization. FIFA and Mythical Games have integrated Mythos Chain, a renowned blockchain network created exclusively for gaming, to power their new non-fungible token-based game. Today, we announced a groundbreaking partnership with @FIFAcom! 🎉 Together, we are launching @FIFARivals, an officially licensed football mobile game scheduled for release on iOS and Android. Are you ready? ⚽ https://t.co/MymoLx8vTU pic.twitter.com/MNraVOKogM — Mythical Games (@playmythical) November 22, 2024 FIFA Taps Mythical Games To Launch An NFT Game In a November 22 blog post, Mythical Games confirmed that they have partnered with FIFA to launch a new non-fungible token mobile game, FIFA Rival. This game will be a free-to-play game launched on iOS and Android in the summer of 2025. Nonetheless, the ...

Shiba Inu is another leading cryptocurrency token in line to rake in significant profits as Bitcoin treads near $100K. SHIB is currently sitting at $0.00002502, up 3% in the last 24 hours. Can SHIB spike higher as Bitcoin soars past $100K, as predicted by analysts across the board? Also Read: Top 3 Cryptocurrencies That You Should Watch This Weekend Bitcoin Nears $100K: Can The Current Momentum Help SHIB Gain New Highs? Image Source: Watcher Guru Bitcoin, being the anchor of the cryptocurrency market, is currently sitting at the $98,969 level, cruising towards claiming the ambitious $100K. The aforementioned price level is a result of the pro-crypto regime taking over the white house as Donald Trump gears up to assume the role of the next US president. Similarly, the current US SEC chair, Gary Gensler, has also stepped down from his position, ushering in a transformative wave within the cryptocurrency sector. Both developments are favoring Bitcoin’s spike, which in turn is helping...