DeFI News by Thebittimes.Com

Following an exceptionally bullish month of March in the cryptocurrency market, which has seen multiple of its assets reach new all-time highs (ATHs), the jury is out on which meme coins could help crypto traders and investors make money and turn a profit in April. With this in mind, Finbold has scoured the industry to arrive at a list of three such lucrative opportunities in the meme coin sector, the price of which could explode in the near future and allow their holders to turn an investment of as little as $100 into a profit of $1,000 during the current month. #1 Shiba Inu (SHIB) Interestingly, despite many assets hitting their new ATHs recently, Shiba Inu (SHIB) has been among those still waiting to do the same, suggesting the possibility of a late reaction, particularly against the backdrop of a record-breaking 15 billion SHIB burned in March. Picks for you Short squeeze alert for next week: BTC and ETH with pump potential 6 mins ago Crypto war! Solana commu...

The market outlook showcases greed as investors actively add prospective coins to their portfolios. As upward trends continue with sustained green candles, alt coins are emerging as prime candidates for investment.  However, selecting the right altcoin for your portfolio demands dedication and research. To streamline this process, Insidebit coins identified some standout alt coins that investors should consider now. 6 Best Altcoins to Invest in Right Now As Bitcoin approaches the $50,000 mark amidst a surge in  spot ETF investments , attention is now focused on specific tokens for their investment potential. Solana, ORDI, and Neutron are standout alt coins , offering distinctive attributes and promising market outlooks. 1. Neutron (NTRN) Neutron (NTRN) has seized the spotlight in the crypto market, sparking investor interest with notable performance. After a significant dip, the altcoin has embarked on a consolidation phase, capturing the interest of many observers. O...

Meme coins have been flying, and for investors who are new to crypto, it’s money time. These high-risk assets only surge during times of market certainty when animal spirits reign supreme. Bonk ($BONK) has already rallied 2,300% and is rising, but does $BONK have more bounce, or is the bonking party over? What does $BONK’s outrageous success dictate for other memecoin s? Is the scene changing? Which will be the top 5 cryptos to invest in from this sector? Has Bonk’s success paved the way for Galaxy Fox ($GFOX) to rally even higher? Galaxy Fox ($GFOX) Missed $BONK?  Galaxy Fox’s presale shows that investors who missed buying Bonk early are not missing the chance to be early adopters of $GFOX. Funding has flown past $200,000, and this play-to-earn token has become one of the top cryptos to buy right now. Bonk’s success shows that speculative appetite is high. Additionally, it displays how fearsome the rallies will be for meme...

All the soon-to-be suspended tokens are alleged by the SEC to be securities in its lawsuit against Coinbase and Binance. Cryptocurrency exchange Bitstamp will suspend trading of Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND), and Solana (SOL) for customers residing in the U.S. beginning August 29. According to the Aug. 8 announcement, trading of the seven aforementioned cryptocurrencies will soon become unavailable for trading for U.S. customers due to "recent developments." While the firm did not specify the reason for their suspension, all seven tokens are alleged by the U.S. Securities and Exchange Commission to be unregistered securities in its complaints against cryptocurrency exchanges Binance and Coinbase. Bitstamp wrote:  "We kindly request our users to promptly execute any desired buy or sell orders involving the affected assets before August 29, 2023. After this deadline, trading activities related to ...

Youtuber Michael Pizzino analyses the macro-market structure with BTC and other altcoins. More than seven consecutive bars signify there could be a major trend reversal or consolidation, Pizzino says. 0.5 Fib retracement supports BTC while ETH tries to break above it. Youtuber Michael Pizzino tweeted a link to a video wherein he analyses the macro market structure along with Bitcoin and many of the favorite alt coins of today. Addressing the high hopes that the masses have in some coins , Pizzino stated that it was only the marketing companies outplaying the masses. Making an eye-opening statement, Pizzino stated: A big cloud remains over Crypto but Bitcoin ≠ Cryptocurrency. Alt coins are still trading below their major support zone, and many crowd favorites of this cycle WILL NOT make it. Narrowing down his observation on BTC dominance in the market, Pizzino stated that if there were seven or more consecutive red or green bars, then there was a trend...

Join Our Telegram channel to stay up to date on breaking news coverage Every crypto project launches with a vision for success, but not all projects are built for success. Some crypto protocols are barely sustainable and ride on the market craze to stay relevant. Others, however, have powerful utility tools to add value to users and offer returns to users. From the onset, projects that demonstrate their versatile utility often receive solid backing from investors and go on to compete against top coins . One such protocol that has evoked interest from crypto enthusiasts is Oryen. Oryen’s surging popularity has driven interest in its token ORY, resulting in a 2X jump over a month. However, onlookers question whether this newcomer token would take on big players like Stellar and Uniswap. What Is the Oryen Network? Oryen Network is a DeFi platform with a built-in auto-staking protocol that offers users a fixed yield for staking their tokens. Regular staking involves placing crypt...