Analysis Crypto by Thebittimes.Com

The cryptocurrency market is evolving at a rapid pace, all thanks to President Donald Trump for bringing the market into the mainstream spotlight. Before assuming his official duties as the president of the United States, Trump holistically promoted Bitcoin, displaying his true dedication to the digital asset domain. After taking the oath as the official president of the US, Trump did all he could to bolster the cryptocurrency domain by launching a bitcoin reserve and a crypto reserve for the world to take notice. Now, Senator Cynthia Lummis has urged the US Treasury to implement a tax-free digital asset regimen and to promote the crypto market’s bloom to the fullest. If Trump manages to end taxes on the digital asset domain, will Bitcoin soar and touch new highs? Let’s find out. Also Read: Altcoin Season Heats Up as Coins Rise, USDT Dominates Senator Lummis on Removal of Crypto Tax Source: NBC News Senator Cynthia Lummis is again back in mainstream news in a new trending de...

Throughout the first few months of the year, the US stock market has had a tough go. However, macroeconomic pressures and geopolitical uncertainty haven’t stopped artificial intelligence from remaining at the forefront. Amid increased demand, there’s reason to think Amazon (AMZN) could eventually eclipse Nvidia (NVDA) by 2023 thanks to AI. Both companies have remained at the forefront of the developing technology. For Amazon, it has used it to increase efficiency and greatly enhance its operations while strengthening its Amazon Web Services (AWS) business. Alternatively, Nvidia has become the chief chipmaker, strengthening the development of those products. Yet, could their positions flip over the next five years? Source: Reuters / Brendan McDermid Also Read: Amazon (AMZN): One Key Reason the Stock is Still a Bargain… For Now Can Amazon Usurp Nvidia in Market Cap Over the Next Five Years? Both Amazon and Nvidia have become some of the most valuable companies in the world. Th...

The cryptocurrency market is awaiting a new revival as Bitcoin gains its momentum back. The king of the cryptocurrencies is giving hope to the investors by inching towards the $100K price mark, hinting at a possible rejuvenation of the market holistically. In this wake, coins like Dogecoin (DOGE) and Cardano (ADA) are also rising high on the radar, enabling investors to ramp up their price predictions. Will both the tokens be able to claim a new high soon? Let’s find out. Also Read: Cryptocurrency: Top 3 Memecoins Predicted To Rally In May 2025 Dogecoin Price Prediction Source: Watcher Guru Dogecoin is one of the leading cryptocurrency meme tokens on the market. The token is also an integral part of the brewing ETF regime, with giants like ProShares submitting applications with the US SEC to launch DOGE ETFs. At the same time, Dogecoin is also part of a possible rumour spree, where it may soon be deployed with X money. These developments have long given headwinds to the token, pav...

iExec, a trust layer for decentralized physical infrastructure networks (DePIN) and artificial intelligence (AI), has launched a $1 million RLC Ecosystem Fund to help accelerate Web3 project development, as per the reports shared with Finbold on Wednesday, April 23.  The fund offers dilutive and non-dilutive capital to early-stage and scaling projects working on DePIN, AI, and related Web3 solutions. iExec RLC Ecosystem Fund As a trust layer for DePIN and AI applications, iExec will provide developers not just with financial support but also the tools and mentorship necessary to create advanced decentralized solutions.  According to Nathan Chiron, iExec’s Chief Revenue Officer (CRO), the fund is not only an investment but a catalyst for future changes in the industry:  “We invest in conviction, not consensus, and with the launch of the RLC Ecosystem Fund, we’re confident we can add real value by backing the builders defining the future of AI and ...

After much deliberation and delay, Bitcoin has finally displayed signs of rejuvenation, with BTC slowly inching towards claiming the $87K price mark. The token was earlier trading around the $84K price pedestal and was struggling to move past the critical price point. As of now, the token is sitting at $86K, up 3% in the last 24 hours. Can BTC truly hit a new time before the end of Q1, 2025? Let’s find out. Also Read: White House Scaling Back Tariffs—Here’s What It Means for You Bitcoin: What’s Next? Source: Watcher Guru Bitcoin is currently sitting at $86K at press time, up 3% in the last 24 hours. The token had earlier claimed an $87K price mark but since then has retracted its step a bit, sitting at $86K presently. The token had earlier hit a new low of $80K, spurred primarily by rising trade war narratives that had lately been battering the cryptocurrency down a notch. Now that the markets have stabilized, Bitcoin has also noted a spike, helping the token sit at $86K rig...

Can Machine Learning Improve DeFi Security? The decentralized finance (DeFi) ecosystem has experienced exponential growth in recent years, offering users financial services without intermediaries. However, this innovation comes with risks—smart contract vulnerabilities have led to billions of dollars in losses due to hacks and exploits. As the industry searches for solutions, artificial intelligence (AI) and machine learning (ML) have emerged as potential tools to enhance DeFi security. But can AI truly make smart contracts more secure? The Challenges of Smart Contract Security Smart contracts are self-executing agreements written in code and deployed on blockchains. While they remove the need for intermediaries, they are also vulnerable to coding errors, logic flaws, and unforeseen attack vectors. Some common security risks include: Reentrancy Attacks – Malicious contracts repeatedly call a function before its previous execution is completed, allowing an attacker to drain funds. Fla...

The Koma Inu price has pumped 24% in the last 24 hours to trade at $0.06356 as of 00:08 a.m. EST on trading volume that surged 39% to $42 million. The surge in the KOMA price has pushed the meme coin to the top of the trending list on CoinGecko. Koma Inu Price Shows Signs Of Recovery Amidst Bearish Trends The KOMA price has experienced a significant downtrend since reaching its peak near $0.20, as evidenced by the sharp decline and prolonged bearish movement. However, recent price action suggests that KOMA is attempting a recovery. The Koma Inu price recently bounced from the 0.786 Fibonacci retracement level at $0.045, which acted as a strong support zone. According to GeckoTerminal data, KOMA is now attempting to reclaim the 0.618 Fib level at $0.078, which serves as the next critical resistance. Additionally, the price of KOMA is approaching the 50-day Simple Moving Average (SMA) at $0.075, a crucial level to watch for confirmation of bullish continuation. While the long-t...

David Sacks is the former PayPal COO and founder of Yammer, a SaaS company He will work on a legal framework providing the crypto industry with the clarity it wants US President-elect Donald Trump has announced that David Sacks will be the lead policy advisor on artificial intelligence and crypto, dubbing him the “White House AI and Crypto Czar.” In a post on his social media platform Truth, Trump wrote that Sacks will take up the role which are “two areas critical to the future of American competitiveness,” adding, among other things, that “he will work on a legal framework so the crypto industry has the clarity it has been asking for, and can thrive in the US.” As part of his role, Trump added that David will focus on making America a “global leader” in these areas, something Trump promised during his election campaign in August. During the US election, Trump has focused more on being pro-crypto, and became t...

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%...

In what is a continued sign of the health of Alphabet (GOOGL), analysts at Truist Financial have updated the company’s price target to $220. Indeed, research has also given the stock a buy rating as it continues to perform positively, catching up with other Magnificent Seven stocks. Google has been a dominant force in the tech space throughout this year. Moreover, its performance has led it to be one of the best high-growth stocks on Nasdaq throughout 2024. However, the growth is expected to continue with the company expanding its use of AI and cloud-based technologies. Source: TechCrunch Also Read: Alphabet (GOOGL): Analysts Say Google is a Buy-Now Stock GOOGL Gets Updated Target, Buy Rating in Recent Report. Alphabet has remained one of the most dominant tech stocks in the United States. Google is among the most popular websites on the planet, with brands like YouTube, Gmail, and the Android operating system only adding to its value. Yet, the continued work on these platforms ha...

The price of XRP continues to face uncertainty, with the token consolidating below the $0.60 resistance level. Although the trading broadly aligns with the overall market sentiment, investors had anticipated that recent developments in the Ripple and Securities and Exchange Commission (SEC) case would trigger a rally. In the short term, XRP is experiencing increased selling pressure, coinciding with Ripple’s release of one billion XRP tokens through its escrow process. The transaction occurred in three phases, with 500 million, 200 million, and 300 million XRP tokens released on September 1. Picks for you This is why Kamala Harris could be great for retail investors 1 hour ago Bitcoin analyst reveals his BTC trading plan for this week...