Analysis Crypto by Thebittimes.Com

The VeChain ecosystem is thriving at the moment. In a recent company announcement, VeChain shared how the firm is launching a VeBetter DAO, boosting community sentiment. The hype created by the firm before the announcement was unveiled proved essential to VET ’s price ascent.  The token has climbed nearly 5% in the last 24 hours, fueled entirely by collective community sentiment.  Also Read: Cryptocurrency: 3 Coins To Watch Under $1 as Bitcoin Hits $56,000 Why is VET Rising? Source – CoinCentral VeChain, in a new update via X, announced that the firm is launching VeChain DAO. The DAO intends to propagate the engage, earn, and prosper philosophy while elevating community sentiment.  “VeBetterDAO is built to become Web3’s breakthrough moment—the foundation of a cross-sector sustainability dApp ecosystem that engages, incentivizes, and rewards user activity, onboarding enterprises and individual actors for good causes and novel ...

With the current week at its end, it has demonstrated exciting moves in the crypto currency sphere, which have seen Bitcoin (BTC) get closer to its all-time high (ATH) from November 2021, and investors are wondering which assets could help them turn a profit in the next week. In this context, Finbold has identified several such lucrative crypto opportunities that could increase their price by 900% next week and enable their holders to make an investment of as little as $10 that could easily turn into $100 in the week starting on March 4. #1 Cardano (ADA) One of the obvious choices is Cardano (ADA), which may not be moving as fast as the others but is getting closer to an important price at $0.70 that could act as a trigger for its explosive move upward, in combination with a bullish flag pattern on its weekly chart and a surge in its crypto wallet creation. Picked for you $1,000 invested in SHIB at start of 2024 returned 1 hour ago XRP bulls unleashed: $1 within...

Feb 29, 2024 at 10:20 // Price Author Coin Idol The price of Litecoin (LTC) is in an upward correction after rising above the moving average lines. Price Analysis by Coinidol.com. Long-term forecast for the Litecoin price: bullish The bulls have broken above the moving average lines several times. However, the upward movement was slowed down by the resistance at $78. Today, the altcoin is rising, reaching a high of $82. Litecoin is expected to be rejected as it reaches the overbought area of the market. Based on the price signal, the LTC price is fore...

Crypto influencer Alessandro De Crypto has invested in the presale of Green Bitcoin (GBTC), a new eco-friendly token inspired by Bitcoin that offers the potential for high gains. Fueled by the recent surge in BTC and the overall market, Green Bitcoin is gaining significant traction during its current fundraising round. Eco-friendly crypto with gamified staking rewards Building upon Bitcoin’s recent surge, Green Bitcoin emerges as a novel cryptocurrency. It blends the established legacy of Bitcoin with the eco-friendly technology of the Ethereum blockchain, introducing a unique “Gamified Green Staking” model. This innovative model allows users to generate passive income with investment-linked rewards. It surpasses traditional staking by offering additional earnings for accurately predicting Bitcoin’s price within a designated “green zone,” fostering a more engaged and environmentally conscious community. It prioritizes environmental responsibilit...

As the majority of assets in the cryptocurrency industry are making bullish advances, led by its representative, Bitcoin (BTC), which itself is threatening to break the massively important price threshold at $60,000, TRON (TRX) is making a record of its own – in the number of addresses holding it. Specifically, there are currently 95.83 million crypto wallets holding any amount of TRON, making it an all-time high (ATH) for the network, according to the blockchain data shared by the decentralized finance (DeFi) market intelligence platform IntoTheBlock in an X post published on February 28. TRON total addresses with balance. Source: IntoTheBlock Cardano and Avalanche vs. TRON By comparison, other layer 1 network s, including Cardano (ADA) and Avalanche (AVAX), have fewer than 10 million addresses , and the analytics platform’s team observed that TRON’s “consistent growth in addresses highlights the growth TRON DAO is fostering.” Picked for you The anatomy of a ...

Ripple’s native token XRP is attracting bullish sentiments as Bitcoin climbed above the $57,000 mark on Tuesday. The leading altcoin surged double digits in two weeks delivering profits of around 11%. The cryptocurrency is now among the top 3 altcoins to watch out for as it could sustainably scale up in the charts. Read here to know the top 3 coins to watch under $1 for good returns in the next few weeks. Also Read: When Will Shiba Inu Reach $1? Now that XRP is hovering around the $0.58 price range, how high could it go if the positive momentum continues? In this article, we will highlight how high or low Ripple ’s native token could reach in the indices next. Ripple: XRP Might Experience a Strong Rally Source – CryptoSlate Ripple ’s XRP could spike 100% and double in price if the rally continues into the next leg. predicts cryptocurrency analyst CoinsKid. According to the price forecast, XRP could be heading towards the $1.31 mark, the analyst estim...

The price of Bitcoin has powered higher this week, recently topping $56,000. As the flagship cryptocurrency continues to exhibit strength, profits from the momentum look to be spilling over to altcoins like the meme token Shiba Inu (SHIB). SHIB has removed a zero from its price after surging past $0.00001 thanks to the positive sentiment surrounding Bitcoin. The 24-hour low stands around $0.00000948, while the high reached $0.00001045. These moves have added nearly 6% to Shiba Inu’s market capitalization, bringing its total valuation to over $6 billion at the moment. Meanwhile, 24-hour trade volumes have ballooned 202% to tag $362 million – evidence of rising interest off the back of Bitcoin’s rally. Also read; MicroStrategy Bitcoin Investment Now at $4.65B Unrealized Profit The recent burst builds on an intensifying narrative that seeks to pit Shiba Inu as a prominent contender against even Dogecoin for the most influential meme coin status. Additionally, ...

COTI surges 104%, hitting $0.243 with a $337M market cap.  Despite a slight dip, COTI maintains strong investor interest with a $314M trading volume. COTI’s price surge is linked to a newly introduced feature. Over the weekend, COTI witnessed an impressive surge, recording a 115% increase in value. The price soared past the $0.243 mark, pushing the market cap to $367 million. Trading volumes neared the $400 million threshold, signalling heightened investor interest and activity in the asset.  COTI/USD 24-hour price chart (source: CoinStats) However, COTI was down 4.83% from its intra-day high at press time, exchanging hands at $0.2119. Concurrently, the market cap and 24-hour trading volume dipped by 4.89% and 25.19% to $323 million and $314 million, respectively. Innovative Feature Fuels Price Rally The COTI network claims to be committed to providing fintech solutions and recently introduced a feature that reportedly enhances user privacy. CO...

Bitcoin reached the $56,000 mark on Tuesday ushering the cryptocurrency market into a new bullish era. The cryptocurrency market is brimming with new investments and BTC’s rise is pushing leading altcoins to touch new weekly highs. BTC is now only $13,000 away from reaching its all-time high of $69,014 which it reached in November 2021. The leading cryptocurrency fell to $16,500 in January 2023 but sustainably scaled up to $56,000 in February 2024. Also Read: Shiba Inu Predicted To Reach 50 Cents: Here’s When Source: CoinGecko The price action stems after the SEC approved the Bitcoin ETF in mid-January pushing its price to these levels. While institutional investors are going after Bitcoin, retail traders seem to be missing in action. The financial institutions are taking up a larger share of the pie of BTC profits while retail traders are watching the show. Also Read: BRICS: 30 New Countries Prepare To Join Alliance in 2024 Bitcoin: Retail Traders Miss The Profits As ...

TruthLabs raised suspicions about Robinhood’s involvement in facilitating illicit crypto funds. The detective cited a $544 million flow from FTX customer funds to Robinhood. Also, the connection between Robinhood’s UK expansion plans and FTX’s UK deal was scrutinized. TruthLabs, a prominent crypto sleuth, has raised suspicions regarding the potential role of Robinhood, a U.S.-based clearing house, in facilitating the movement and acceptance of illicit cryptocurrency funds.  Citing Sunil, an activist for FTX creditors, TruthLabs highlighted a concerning flow of $544 million from FTX customer funds through various channels, ultimately landing in Robinhood. Is Robinhood a silent player in moving/accepting illicit Crypto funds? I’m left wondering how much illicit funds have been hidden and/or Passed thru Robinhood! @sunil_trades highlights below how $544 Million in FTX customer funds flowed from FTX -> Alameda -> Special Purpose… https://t.c...

ZachXBT has spotted suspicious activity on the BitForex cryptocurrency exchange. BitForex’s hot wallet experienced an outflow of approximately $56.4 million on February 23. BitForex users complain over the inability to make withdrawals and lack of responses from the team. ZachXBT, a pseudonymous on-chain researcher on X, has spotted suspicious activity on the BitForex cryptocurrency ex change . In a recent post, the self-described “2D detective” outlined some events that led to BitForex users questioning the crypto ex change team. Seeing some suspicious activity with the crypto ex change @bitforexcom. On Feb 23 their hot wallets saw outflows of ~$56.5M. Shortly after this time withdrawals stopped processing with no official announcements having been made since. Currently users are asking questions on… pic.twitter.com/gFEcwExHKh — ZachXBT (@zachxbt) February 26, 2024 According to the on-chain researcher, BitForex’s hot wallet experienced an outflo...

MAGA, rallied significantly on the back of comments by the former U.S. President, Donald Trump. The new meme coin gained 20% last Friday, dwarfing returns from Dogecoin and Shiba Inu. Donald Trump acknowledged that Bitcoin is becoming more popular with commercial transactions. A newly launched Donald Trump-inspired meme coin, MAGA, rallied significantly on the back of comments by the former U.S. President suggesting a new outlook for Bitcoin and cryptocurrency. MAGA gained 20% last Friday, dwarfing returns from other more established meme coins like Dogecoin and Shiba Inu, which gained only 2% each on the same day. MAGA launched on August 11, 2023, with the creators describing it as a meme coin to “Make Crypto Great Again.” However, it is essential to note that there is no report of any official connection of MAGA with the former President. The meme coin’s recent rally comes after Trump showed a more relaxed sentiment toward Bitcoin last Wednesday. During the “...

Feb 24, 2024 at 07:38 // Price Author Coin Idol Binance Coin (BNB) has seen a surge in price as the cryptocurrency makes a series of higher highs and higher lows. BNB price long-term forecast: bullish The altcoin is currently trading below the $390 mark after hitting a high of $387.10. Currently, the altcoin has retraced to a low of $374. The rise will continue if the altcoin retraces and stays above the 21-day SMA or the $340 support. If the buyers push Binance coin above the $390 resistance level, the market will rise above the $400 high. Likewise, i...

Purchasing cheap tokens helps investors capitalize on events that trigger an upward market trend. With the impending Altcoin season and upcoming Bitcoin halving, lower-priced tokens provide investors with accessible market entry points. Insidebitcoins regularly curates a list of top affordable cryptocurrencies priced below one dollar to assist investors in decision-making. These tokens demonstrate robust use cases and promising potential, positioning them for potential rallies in the market. 5 Best Cheap Crypto to Buy Now Under 1 Dollar This article presents a curated list of five digital assets priced below $1. These coins are ideal for investors seeking affordable yet promising market options. Among these is Centrifuge, a standout in the DeFi space. These tokens signify potential game-changers for investors in the bull market . 1. Ondo Finance (ONDO) Ondo Finance has announced its partnership with Aptos Foundation, which centers around innovation. This move marks a significant s...