Analysis Crypto by Thebittimes.Com

Catslap ($SLAP) has burned $1 million $SLAP tokens today, slashing supply in a move that turbocharges upward price momentum for the viral Slap-to-Earn meme coin. Including previous burns, an eye-watering total 1,196,558,367.83 $SLAP tokens have been taken out of circulation (aka burned) so far, valued at well over $1.5 million.  Token burns are done in the interests of all token holders, because by reducing supply for a high-demand token, you increase scarcity, one of the largest determiners of value in commodities in general.  It's done. We just burnt $1,000,000 of $SLAPhttps://t.co/grFgQzV4ej pic.twitter.com/iMG1HkF0Ri — Catslap (@CatSlapToken) January 31, 2025 Catslap is the token powering the eponymous viral web game where players earn crypto rewards by getting the viral slapping cat on the homepage to slap one of six cultural icons, including the topical US President Donald Trump and his Dogecoin-loving champion, Tesla CEO El...

Rumors that President-elect Donald Trump is considering an America-first strategic reserve, including altcoins like Solana (SOL) and XRP, have sparked a bullish wave in the market. This speculation has fueled an altcoin rally, with tokens like Sonic (S) and Polkadot (DOT) gaining significant attention from investors. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptocurrency to explode among upcoming crypto...

Popular Solana-based meme coin launchpad Pump.fun has been hit with a class-action lawsuit alleging every token created on the platform is an unregistered security. On Jan. 30, Diego Aguilar filed a suit in a New York federal court against Pump.fun, which is allegedly run by the UK company Baton Corporation.  Pump.Fun Accused Of Creating A False Sense Of Urgency For New Tokens In the filing, Aguilar said that the company used guerilla marketing tactics to create an artificial urgency for the “highly volatile” tokens created on the platform. This allegedly led to major losses for retail investors. “ Pump.Fun’s core function is to work alongside influencers to co-issue and market unregistered securities,” Aguilar said in the filing. “Inherent to its operations are a novel evolution in Ponzi and pump-and-dump schemes.” only possible on Solana pic.twitter.com/I1Lc5GPFw1 — pump.fun (@pumpdotfun) January 18, 2025 Alon Cohen, Dyl...

Best Wallet ($BEST), the innovative non-custodial wallet, has surged past 250,000 monthly active users and 500,000 total users. The secure no-KYC Best Wallet has been making waves as the top destination for savvy crypto traders on the hunt for the latest hot upcoming tokens.  App installs are growing at a rate of 96.3% month-on-month. From Best Wallet’s launch in November last year to 29 January 2025, the overall growth rate for app installations is 658%. Although verifiable data is hard to come by, based on several assumptions regarding the industry user base and adoption, crypto users could reach one billion by 2030, with perhaps 30-50% adopting non-custodial wallets. However, that could be a conservative estimate that may not fully account for market catalysts such as Web3, DeFi and dApp usage growth.  The Fastest Growing Wallet in Crypto! In a crowded market, Best Wallet delivers the tools you need to gain an edge. 🚀 1️...

On January 30, 2025, the cryptocurrency market witnessed notable gains from EigenLayer, Holo, Sushi, and SKALE. Let’s delve into what makes these tokens stand out and why investors might consider paying attention to them. Biggest Crypto Gainers Today- Top List By allowing users to restake their assets across multiple networks, EigenLayer optimises resource utilisation and strengthens the overall ecosystem. Holo aims to bridge the gap between traditional internet applications and decentralised blockchain technology. SUSHI’s community-driven approach and innovative Features have made it a significant player in the decentralised finance (DeFi) space. SKALE enhances the scalability and performance of Ethereum-based applications by providing a high-throughput, low-latency environment. These top crypto gainers are making waves for unique reasons; join us as we unravel them. 1. EigenLayer (EIGEN) EigenLayer addresses the need to utilise staked assets within the Ethereum ecosy...

President Donald Trump’s publicly traded company has accumulated so much cash that it’s throwing $250 million into a Schwab account to buy crypto. Wall Street was so impressed at the headline that the stock rallied $800 million following the morning announcement. According to a press release from Trump Media, the company is putting $250 million into a Charles Schwab brokerage account to buy various securities. These include “bitcoin and similar cryptocurrencies or crypto-related securities.” The news also includes a planned launch of a new crypto website — Truth.fi, currently just a domain name — which will be integrated into Trump’s social media app, Truth Social. The “.fi” top-level domain (TLD) — Finland’s official domain code — is a common convention for many Metamask-enabled websites that allow visitors to trade crypto. Because Trump and his children have been vocal supporters of such websites and so-called decentral...

The release of the novel Chinese artificial intelligence (AI) DeepSeek model – along with making many of the underlying processes open source – unleashed a tempest upon the American markets and had a strong spillover into the cryptocurrency market. Bitcoin (BTC), as the prime representative of digital assets, itself experienced a rapid and sharp drop during the weekend and on Monday, falling as low as $98,000 at one point on January 27. Still, the effect on cryptocurrencies proved short-lived – much like the impact on more closely related assets such as Nvidia (NASDAQ: NVDA) stock – and BTC, by press time on January 29, recovered to $102,646. Picks for you Trading expert sets ultimate target for the crypto market this cycle 16 hours ago ...

A massive development for the company, Coinbase has received regulatory approval to launch crypto services in Argentina. Indeed, the US-based cryptocurrency exchange announced the newest location of its global expansion in a recently issued press release. Argentina has continued to emerge as a promising region for cryptocurrency growth. Specifically, 5 million Argentinians utilize cryptocurrency in their daily lives, Coinbase reported. Now, the platform is set to aid that pursuit as they expand their operations into the Southern American nation. We're approved to launch in Argentina. This is an important step in our international strategy and another key chapter in our mission to increase economic freedom around the world. pic.twitter.com/bfudgiDuVD — Coinbase ️ (@coinbase) January 28, 2025 Also Read: Coinbase Launches Bitcoin Loans for US Users Coinbase Gets Regulatory Approval in Argentina Entering the year 2025 was always viewed as a monumental year for cryptocurrencies. The Uni...

Cryptocurrency adoption is rising to levels not seen since the 2021 bull market, making finding the best wallet crucial. As more people search for ways to make profitable investments, the wallet sector is emerging as a key area for growth. Every cryptocurrency holder needs a wallet to securely store and manage their assets, and Best Wallet is positioning itself as an emerging platform with substantial growth potential. A High-Potential Investment For Every Crypto Investor The Best Wallet token (BEST), currently priced at $0.023775, is rapidly gaining attention in the crypto community, with $8.4 million already raised during its presale. The wallet is designed to offer users an easy-to-use interface and unique Features that set it apart from other popular wallets in the market, making it an attractive choice for both short-term and long-term investment opportunities. Best Wallet’s presale performance has been impressive, capturing the interest of both seasoned crypto enthusi...

With few companies able to compare to its dominance in a myriad of sectors, Amazon’s (AMZN) stock has gotten an upgraded $300 target as it looks to be one of the top stocks’ of 2025. The company remains an e-commerce and cloud computing juggernaut. But is that enough for it to take on some of Wall Street’s heaviest hitters? The week started with a rather shocking shake-up for the stock market. Various tech companies saw their value fall amid the arrival of the Chinese AI startup DeepSeek. Early Monday, it pushed Nvidia (NVDA) down as much as 12%, with Microsoft (MSFT) falling 4%. However, Amazon was more or less spared relative to the competition, only falling 1.3%. Source: Reuters Also Read: Amazon Q4 Earnings Projected to Rise 54%: AMZN to Outperform? Amazon Looks to Lead 2025: Do Analysts Believe It Will Get There? There is no shortage of reasons to believe in Amazon’s potential. The brand is a proven commodity and has been one of the biggest businesses in the...