Analysis Crypto by Thebittimes.Com

As the majority of assets in the cryptocurrency market enter the green trading trend, it seems that the period of bearishness is finally over, and the meme coin part of the sector is no exception, with some of its members presenting a particularly lucrative opportunity. Indeed, the next crypto bull run seems to be underway, and Finbold has analyzed the market to identify several meme coins that any crypto trader and investor should consider introducing into their portfolio to maximize their gains in the upcoming period of bullishness. #1 Gigachad (GIGA) In particular, Gigachad (GIGA) has sustained strong momentum during the recent market downturn, particularly after American bodybuilder Mike ‘Titan’ O’Hearn joined the token’s community and started posting about it on social media, with crypto analyst CoinsKid hailing it on X. Picks for you ...

Key takeaways Dogecoin and Shiba Inu have lost more than 10% of their values over the last 24 hours. Memeinator’s presale has now officially crossed the $2.8 million mark. The crypto market recorded a huge selloff on Wednesday, with Bitcoin retesting the $40k level before bouncing back above $42k. Meanwhile, leading meme coins Dogecoin and Shiba Inu also recorded massive losses yesterday.  Dogecoin and Shiba Inu record huge losses Bitcoin and alt coins are experiencing a poor start to the year. After rallying to the $45k level on Monday, its highest level since April 2022, Bitcoin lost nearly 10% of its value on Wednesday to briefly trade around the $40k region.  Bitcoin’s poor performance also reflected in leading meme coins Dogecoin and Shiba Inu. The two leading meme coins have lost more than 10% of their values over the last 24 hours. At press time, the price of Dogecoin stands at $0.08256 while SHIB is trading at $0.0000095...

Recently, over the course of five transactions, 909.89 Bitcoin (BTC) were transferred after being “asleep” since 2012. When purchased, the coins were worth less than $10,000. Today, they are worth more than $24 million. This translated to a growth rate of almost 239900%. The transactions were detected by the blockchain tool btc parser1. The tool is specifically designed to keep track of dormant BTC addresses. The platform keeps an eye on the BTC blockchain for 64,529 such addresses. Also Read: Solana, XRP, Cardano See Inflows as Bitcoin Faces $45M Outflows Additionally, another batch of sleeping Bit coins (BTC) from 2012 moved for the first time in 11 years. This brings the tally to nine transactions in 2023 involving old, dormant BTC. Nonetheless, it is unclear if the coins belong to one entity or a group of individuals. However, purchase dates and clustering heuristics suggest that it may belong to one owner. Why are sleeping Bitcoin addresses waking u...

The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable. The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was initiated on Nov. 20, the overall sentiment remains bearish and year-to-date losses amount to 63.5%. Total crypto market cap in USD, 4-hour. Source: TradingView Bitcoin (BTC) price also gained a mere 2% on the week, but investors have little to celebrate as the current $16,800 level represents a 64% drop year-to-date. Bankrupt exchange FTX remained at the centerpiece of the newsflow after the exchange hacker continued to move portions of the stolen $477 million in stolen assets as an attempt to launder the money. On Nov. 29, analysts alleged that a portion of the stolen funds were transferred to OKX. The FTX saga has made politicians shout louder in their calls for regulation. On Nov. 28, ...