Analysis Crypto by Thebittimes.Com

Shiba Inu is currently trading around the $0.000025 mark and is attracting bullish sentiments in the indices. It has spiked more than 200% in a year and tripled investors’ money in a short period. SHIB is among the most sought-after cryptocurrencies in the market due to its high volatility and unpredictable behavior. It can rise millions of percent in a year but also dip thousands of percent during the same period. This has made investors try their luck in the markets because if it delivers, they can make life-changing gains. Also Read: Shiba Inu: You Could Have Made $1 Million With Just $10 In SHIB Shiba Inu Price Prediction: An 80% Surge on the Cards, Target $0.000045 Source: Instagram / PrithivChandar The Finder’s panel of cryptocurrency experts predicts that Shiba Inu could reach a target of $0.000045. That’s an uptick and return on investment (ROI) of approximately 80% from its current price of $0.000025. Therefore, an investment of $1,000 could turn into $1,800 i...

Crypto founder Justin Sun ate his controversial $6 million artwork earlier today — a banana strapped to the wall with duct tape by artist Maurizio Cattelan. Under the conditions of the avant-garde sale, he can eat the banana as many times as he likes, so long as he replaces it. Essentially, Sun has paid $6 million to be eternally strapped with a banana burden . In fact, it’s recommended he replace it every 7-10 days due to decomposition. Justin Sun was even handed a roll of duct tape, along with instructions on replacement and, of course, a certificate of authenticity.  That initial banana cost just $0.35 — marking a 1.7 billion percent price increase. But what if he were to spend the entire 86 billion supply of Tron (TRX), his own cryptocurrency, in eating and replacing his banana every week?  Justin Sun ate a banana for $6.2 million Justin Sun, the founder of the TRON blockchain project, ate a banana that he had previously purchased for $6.2 million...

The cryptocurrency market is undergoing a notable shift. Memecoins, which experienced a significant rally earlier in November, are now showing signs of losing steam. At the same time, DeFi tokens are gaining traction, driven by favorable market conditions and growing investor interest. Recent data points to a clear divergence, with memecoins slowing down while DeFi assets continue to trend upward. Meanwhile, tokens across other sectors are printing gains. This article curates the most trending coins on GeckoTerminal. Trending Coins on GeckoTerminal  The OLAF trading pair on the Raydium platform has shown notable price fluctuations throughout the day, with values ranging from $0.0015 to $0.0021. Meanwhile, GALA has maintained a relatively stable trading range between $0.0380 and $0.0400. VIRTUAL has experienced notable intraday price swings, while UBC has shown a significant downward trend during the observed period.   Flockerz ($FLOCK), a newly launched meme coin proj...

Bitcoin’s potential trajectory shifted dramatically with emerging political winds favoring cryptocurrency-friendly regulatory environments. The digital asset experienced significant price movements, signaling renewed investor optimism and confidence. Cryptocurrency markets responded positively to potential regulatory transformations under new political leadership. Speculation surrounding potential appointees to financial regulatory bodies further energized market dynamics. Traders anticipate substantial changes in digital asset regulations and industry approaches. These developments are likely to influence investment strategies and potentially accelerate new cryptocurrency listings . New Cryptocurrency Releases, Listings, & Presales Today PolarFighters introduces innovative solutions for non-standard asset liquidity and trading. MonkeyFi offers advanced AI assistance and comprehensive tools for seamless digital asset trading. Mey Network democratizes real estate investments...

The XRP price surged 7% in the last 24 hours to trade at $1.490 as of 02:25 a.m. EST on trading volume that plunged 17% to $7.5 billion. This comes as Former U.S Securities and Exchange Commission (SEC) Commissioner Paul Atkins is reportedly the top contender to chair the agency under President-elect Donald Trump’s administration. Known for his pro-innovation stance and crypto expertise, Atkins is seen as capable of restoring the SEC to its “gold standard,” according to financial reporter Eleanor Terrett. 🚨NEW: Former SEC commissioner Paul Atkins is said to still be the favorite among top transition team members to lead the @SECGov, according to two sources close to discussions at Mar-a-Lago. @FoxBusiness, @CGasparino reported earlier this week that Atkins was in the lead for the… — Eleanor Terrett (@EleanorTerrett) November 27, 2024 Atkins’ potential appointment coincides with speculation that Trump’s administration might transf...

Amid the skyrocketing value of the cryptocurrency, Vancouver Mayor Ken Sim has proposed a motion for the city to adopt Bitcoin as a reserve asset. Indeed, Sim forwarded the proposal to preserve “the city’s purchasing power through diversification of financial resources” for the motion titled “Becoming a Bitcoin-Friendly City.” The motion suggests that Vancouver could soon look to invest in BTC as a reserve asset. The British Columbian city is not the first to discuss the idea. Indeed, with Donald Trump elected to once again be President of the United States, there are expectations that he could implement a similar idea for the entire country. JUST IN: Vancouver Mayor proposes motion for the city to adopt #Bitcoin as a reserve asset. — Watcher.Guru (@WatcherGuru) November 27, 2024 Also Read: Brazil Congressman Proposes Creating National Bitcoin Reserve Vancouver Looking to Become “Bitcoin Friendly City” In Recent Proposal November 2024 has prove...

Michael Saylor’s rise to prominence among bitcoin (BTC) investors is drawing considerable criticism. One particularly disparaging analogy claims that his BTC-buying tactics at MicroStrategy are similar to Do Kwon’s own from 2022. To understand this apparent parallel, it’s worth revisiting Kwon’s story and the months before his criminal prosecution. To be clear, no government agency has accused Saylor of any crime and there’s no indication that he — unlike Kwon — is misappropriating bitcoin . If a critic makes this comparison in good faith, the focus is squarely on Kwon’s goals of acquiring and financializing BTC via an acquisition strategy to rival Satoshi Nakamoto’s holdings. Similar to MicroStrategy’s goal of endless BTC acquisition, Kwon’s Luna Foundation Guard aimed to acquire more than one million coins. In 2022, however, the plan failed spectacularly. MicroStrategy’s BTC-buying tactics have been compared to Do Kwon’s own from 2022...

A Brazillian Congressman has proposed the creation of a national Bitcoin (BTC) reserve in Brazil called Bitcoin Sovereign Strategic Reserve (RESBit – Reserva Estratégica Soberana de Bitcoins , in Portuguese), aiming to diversify the country’s Treasury. According to Portal do Bitcoin , a local media outlet, the politician, Eros Biondini, filed the proposal on Monday, November 25.  “The creation of RESBit is a strategic measure that positions Brazil as a leader in the new digital economy, reducing economic risks and expanding opportunities for technological and financial development. The approval of this project is essential to guarantee the country’s economic sovereignty and align Brazil with global innovation trends,” wrote the deputy in the justification for the bill. Picks for you Trading expert believes this is just the beginning of X...

The cryptocurrency industry witnessed the entry of a fairly new frog-themed meme coin in the canine-dominated arena. PEPE has been making headlines since the time of its launch. More recently, PEPE was one of the few coins that hit a new peak this month. The meme coin slowed down after a notable rally during the past 30 days. Also Read: Tron’s Justin Sun invests $30M in Donald Trump’s Crypto Project Is PEPE Experiencing A Correction? Source The cryptocurrency traded at $0.00001932 following a 3.79% decline over the past 24 hours. It should be noted that PEPE has had a challenging week, as it dropped by over 4%. But the meme coin surged by a staggering 112% throughout the month. About 12 days ago, on November 14, the asset hit an all-time high of $0.00002524. Currently, PEPE is trading 23% below this peak. It looks like whales were pocketing the asset while it was dipping. The meme coin’s large transaction volume currently sits at $260.3 million. This comes after an increase of 47%...

Ripple’s native token XRP breached the $1.6 mark during the weekend and is currently trading at $1.51. It is up nearly 4.2% in the day’s trade and attracts heavy bullish sentiments in the charts. Another leg-up from here could take its price above the $1.70 mark, leading to a new yearly high. The altcoin took over three years to reach $1 after slipping in the indices in November 2021. Also Read: Can XRP Hit $2 Before Thanksgiving 2024? Source: Coingecko Now that XRP is attracting bullish sentiments, can it breach its all-time high of $3.40 during the ongoing rally? The leading altcoin hit its ATH of $3.40 in January 2018, and it has been nearly seven years of struggle to reclaim its lost glory. In this article, we will highlight a tentative timeline for when XRP can breach its all-time high of $3.40. Also Read: Should You Buy MSNBC Stock Before Elon Musk Acquires the News Channel? When Will XRP Breach Its All-Time High of $3.40? Source: Twitter Leading on-chain metrics and p...