DeFI News by Thebittimes.Com

Litecoin (LTC) is one of the earliest assets to enter the cryptocurrency market. Despite its timely debut, the altcoin has maintained a low profile. In terms of price, LTC has barely witnessed a major increase. The asset has been around since 2013, but has managed to rise by only 1816.48% since then. LTC even hit an all-time high of $412 about four years ago in 2021. But the cryptocurrency continues to trade 80% below this peak. While the community expected to see 2025 bring in massive gains to the Litecoin market, the altcoin seems to be moving at a slow pace. Also Read: Warren Buffett Warns of ‘Hair Curler’ Crash Despite $347B Cash Litecoin Records Massive Downfall of Over 6% Source: Webopedia Litecoin failed to retain itself in the top ten. The asset currently trades as the 21st-largest cryptocurrency in the market. At the time of writing, LTC was trading at a low of $82.27. This comes after the asset witnessed a massive drop of 6.86% over the past 24 hours. Source: CoinMarketCap Th...

Tom Lee, Fundstrat Global Advisors co-founder, has put forth a bullish prediction regarding Bitcoin’s (BTC) near-term price action on CNBC’s Squawk Box on April 21. Namely, the financial analyst believes that the leading digital asset struggled at the beginning of the year due to the overleveraged positions of institutional investors.  “Now that deleveraging is done, I think that Bitcoin is gonna catch up to gold. And Bitcoin’s old high was over $110,000, so I think there’s a lot of room to catch up as a sort of non-dollar asset.” At the time of writing on April 21, Bitcoin was trading at $88,210, having marked a 4.43% gain on the daily chart, which has brought year-to-date (YTD) losses down to 5.67%. BTC price 1-day and year-to-date (YTD) charts. Source: Finbold Here’s how much Bitcoin would have to rally to catch up to gold In contrast with the leading cryptocurrency, gold prices have increased by 30.31% since the start of the year, having reached ...

XRP is undervalued – this statement has been gaining quite a bit of attention recently, especially with Wall Street insider Jake Claver suggesting that there might be extraordinary growth potential for the cryptocurrency in the near future. This bold statement comes at a time when we’re seeing growing institutional adoption and, also, regulatory clarity for Ripple’s digital asset. Also Read: Gold Prices Will Reach $4,000 Next: Bloomberg Strategist Why XRP’s Price Target, Forecast, And Insider Views Matter Now Source: IQ wiki Wall Street Insider’s $15K XRP Prediction Jake Claver, who works as a family office professional, recently shared his thoughts on why XRP is undervalued, and his prediction has many crypto investors taking notice right now. Claver stated: “Major institutions are stacking up XRP behind the scenes while keeping the public in the dark.” The finance professional believes that XRP is positioned to become the foundation of interna...

Ripple is undoubtedly one of the most promising cryptocurrency tokens to exist in the market. The token is now part of the ETF talks, awaiting US SEC approval. Once approved, the market fully understands that Ripple (XRP) will continue its upward trajectory. The anticipation of this development and bullish market forces have helped XRP stabilize currently, aiming for a high price target in April. Here’s how high XRP can trade this month, per notable cryptocurrency analyst Egrag Crypto. Also Read: BRICS: 2 Countries Officially Look to Trade in Local Currencies Ripple Eyeing 62% to 70% Surge in April Source: Coinfomania Per Egrag Crypto, Ripple is currently targeting a staggering 62% to 70% surge in its price this month. If the market momentum continues to assist the token, there’s no stopping XRP from reaching a high price spot this month, per the expert. In his latest Analysis , Egrag Crypto noted how XRP’s monthly chart has been displaying a bullish April candle, indi...

The million-dollar question on everyone’s mind is ‘When will Bitcoin bottom out in price?’ It had hit an all-time high of $108,786 on January 20, 2025, the day Trump took office. Its price began to dip after the trade wars ignited as the President imposed tariffs on Canada, Mexico, and China. Even close allies in Europe were not spared angering countries from the other side of the Atlantic. Source: Coingecko Also Read: AI Predicts Hedera Price If HBAR ETF Is Approved By May 2025? After hitting its ATH of $108,786, Bitcoin lost nearly 25% of its value and is trading at the $82,400 level on Wednesday. It had fallen to the $76,000 range on Monday as the US stock market crashed 890 points. The leading cryptocurrency rebounded in price but investors remain skeptical as the markets are in unfavorable conditions. BTC: When Will Bitcoin Bottom Out? Source: Watcher Guru The former CEO of BitMex, Arthur Hayes predicts that Bitcoin could face further corrections in the charts. H...

Bitcoin (BTC), the world’s largest cryptocurrency, witnessed major growth throughout 2024. The king coin went on to register multiple peaks during this period. To be precise, BTC surged by 110% over the past 12 months. But the thing that stands out the most for the market is the asset’s ascent above the coveted $100,000 mark. This is a major milestone not only for Bitcoin but the industry as a whole. Following its 2024 run, the community is expecting the king coin to register a bigger growth in 2025. Also Read: Ripple: AI Sets XRP Price For January 5, 2025 Most Favorable Month For Bitcoin In 2025 Source: Watcher Guru The community has high expectations for Bitcoin during this year. The predictions range from $200,000 to $250,000 for the king coin. But the real question is whether BTC will live up to these anticipations. According to data from CoinCodex, the asset is all set to record a rise. An average yearly price of $148,248 is predicted for Bitcoin in 2025, with a trading...

With Bitcoin (BTC) failing to hold above the $70,000 mark, market attention remains on whether the flagship cryptocurrency can reach the highly anticipated $100,000 all-time high.  Notably, Bitcoin’s recent rally was initially seen as a trigger for a six-figure valuation. Now, an artificial intelligence (AI) tool has offered insights into when it might hit this milestone. Bitcoin is consolidating below $70,000, trading at $69,590 as of press time. Over the past 24 hours, it has gained 0.20%; on the weekly chart, it is up almost 4%. Picks for you 2 cryptocurrencies to reach 100 billion market cap by year-end 16 hours ago Here’s what awaits gold after the U.S. presidential elections 19 hours ago ...

Cardano (ADA) is set to hand over control of its $681.9 million treasury to its community, marking a significant step towards full decentralization.  This change is part of the upcoming “Chang” hard fork upgrade, which aims to renew interest in the ADA ecosystem and pave the way for future growth. Cardano’s treasury, valued at $681.9 million, holds its native ADA tokens. Unlike other blockchain protocols that include stablecoins or assets like Bitcoin (BTC) and Ethereum (ETH), Cardano’s treasury is made up solely of ADA. Picks for you 'Leading Bitcoin L2' Stacks experiences network issues for the 4th time this year 1 hour ago Crypto insider turns $2,000 to $1.74 million with Andrew Tate-related meme coin ...

The MFERS price has surged by 98% in the last 24 hours to trade at $0.04005 as of 7:30 a.m. EST on a 117% surge in trading volume to $336,174. MFERS Price Gears Up For Another Bull Rally The price of MFERS has seen a notable rise, breaking out of the descending wedge pattern. This pattern typically occurs in robust uptrends, signalling occasional pullbacks where buyers can regroup and regain momentum. MFERSWETH Analysis . Source: Dextools.io Thanks to bullish investors, MFERS seems ready to reach a new peak this month. They’ve successfully maintained the price above the 50 and 21 Simple Moving Averages (SMAs), which are now acting as support. Additionally, the Relative Strength Index (RSI) is showing promising signs, bouncing back from the midline level of 50 to 56. This suggests significant buying interest in MFERS. MFERS Price Targets A New High Above the Descending Triangle The MFERS bulls are striving for a higher price and are finding support from the SMAs and the RS...

While the crypto community has been mostly certain that Bitcoin (BTC) will see a significant rise in price in the leadup to the upcoming halving event as well as in its wake – and has, so far, been proven correct – the coin’s fate later in the year remains uncertain. On the one hand, the world’s foremost cryptocurrency has, historically, surged tenfold – and sometimes even a hundredfold – after the cyclical supply reduction.  On the other, Bitcoin has never had $57,000 as its halving jump off price, indicating that 2024 could either bring a major disappointment to crypto traders or the coming to fruition of some of the most bullish predictions made so far. Picked for you Brace for strong XRP surge; Here’s why 3 mins ago 3 cryptocurrencies to turn $100 into $1,000 in March 2 hours ago This US politician just sold nearly $1 million worth of crypto 3 hours ago $1,000 invested in Bitcoin (BTC) at start of 2024 returned 4 hours ago...

Biannce Coin (BNB) price has soared by 7% in the last seven days recovering from its recent drop. However, BNB price prediction suggests potential highs of $480 in 2024. Pullix emerges as a hybrid DeFi protocol bridging decentralized and centralized exchanges. From regulatory hurdles facing Binance to price movements of the Binance Chain’s native token Binance Coin (BNB) and the emergence of Pullix, the crypto community is witnessing a dynamic interplay of factors shaping the industry’s future. In this news article, we delve into recent BNB price movements, future BNB price predictions, and explore the innovative features of Pullix and its native token, PLX. BNB price surge and influencing factors Binance Coin (BNB), the native cryptocurrency of the world’s largest exchange, Binance, has experienced a series of noteworthy price movements. In 2021, BNB soared from $40 to a high of $690, only to face a subsequent decline. While the de...