Analysis Crypto by Thebittimes.Com

In this interview, Colin from WuBlockchain engages in a wide-ranging conversation with CZ (Changpeng Zhao), the founder of Binance. CZ reflects on his childhood before the age of 12 in China, his family’s economic shift after immigrating to Canada at 12, and how his mother transitioned from being a teacher to a factory worker, even impacting her health. He also shares how he dropped out of school early after receiving a job offer. CZ discusses the reasons behind Binance’s early success, attributing it to personal experience and timing. While other exchanges focused on mainstream cryptocurrencies, Binance quickly launched a wide range of ERC20 token pairs. The conversation also covers whether FTX could have been salvaged, the current challenges of listing tokens on centralized exchanges (CEXs), the future of CEX regulation, and the cryptocurrency policies in Hong Kong and the U.S. Additionally, CZ talks about writing his life’s most important article, “Principles,” discusses Vitalik’s c...

The Pudgy Penguins price jumped over 2% in the last 24 hours to trade at $0.02367 as of 10:00 p.m. EST as investors slowly start to accumulate the crypto. During the past day of trading, the PENGU price was able to reach a 24-hour high of $0.02732. It has since retraced to trade at its current level, likely due to profit taking from traders. Pudgy Penguins Price Resting On Support 4-hour chart for PENGU/USD (Source: GeckoTerminal ) The Pudgy Penguins price dropped out of an ascending channel that formed on its 4-hour chart over the weekend, and is now testing the $0.02395 support level. Should it drop below this technical crutch in the coming few hours, the meme coin might end up plunging to the subsequent mark at $0.02202 in the short term. The Pudgy Penguins price maintaining a position above $0.02395 for the next 8 hours could lead to a bullish turnaround. In this alternative scenario, traders might identify the crypto’s current price as a buy opportunity, which could re...

A change in political leadership and the adoption of crypto-supportive policies have raised speculation about a potential surge in the cryptocurrency market. Developments like the launch of TRUMP Coin, which seeks to leverage political trends and the popularity of meme coins, alongside the departure of regulatory figure Gary Gensler, hint that 2025 could bring significant movement in the altcoin space. Altcoins are experiencing increased attention, with recent price growth across several tokens suggesting increased investor confidence. This has sparked interest among individuals looking to identify the best cryptocurrencies to invest in right now. Best Cryptocurrencies to Invest in Right Now ShibOS, a blockchain-based operating system created by the Shiba Inu community, is designed to ease the transition from traditional Web2 platforms to the decentralized Web3 ecosystem. Meanwhile, Flow has integrated the Axelar Network, leveraging its capabilities to enhance Axelar’s Mobius D...

A new “culture coin” is rolling out on Binance. The top global crypto exchange airdropped Animecoin (ANIME) to qualified users this week and then listed the asset for trading. Animecoin is the sixth project launched via Binance’s HODler Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. Animecoin bills itself as a way for fans to own a piece of the anime industry. “ANIME is a true Culture Coin – a movement that transforms the anime fandom of 1 billion fans into a community-owned network of creativity. Where passion becomes power, cultural energy becomes real value, and the boundaries between consumer and creator dissolve. Backed by Azuki, we’re building a creative economy for the global anime community of one billion fans. A space where fans truly own what they create, where creativity and innovation flow freely.” ANIME is trading at $0.0817 at time of writing. The 202nd-r...

The Dogcoin price has skyrocketed 408% in the last 24 hours to trade at $0.00423 as of 3:25 a.m. EST on a 1,154% pump in trading volume to $12.2 million. Dogcoin Price Rebounds In A Parabolic Curve The DCOIN/USD chart in the 15-minute timeframe indicates a clear shift from consolidation to a strong bullish breakout. Initially, the price showed a tight consolidation phase near the $0.00326 level, as seen by the flat movement along the 50-period moving average. This period of low volatility often indicates accumulation by market participants. Following this, a parabolic curve pattern emerged, a hallmark of accelerating buying pressure. The price subsequently broke out above the key support level at $0.00365, validating the start of a strong upward trend. The breakout pushed the price to a peak of approximately $0.00460, reflecting heightened bullish enthusiasm. The price has stabilized near $0.00423, holding well above the moving average, now serving as a dynamic support zone. DCOI...

Coinbase is officially listing a new memecoin that uses the name and likeness of the top US crypto exchange’s CEO’s pet dog. According to a new announcement, Coinbase is officially supporting Toshi (TOSHI) starting today. “Coinbase will add support for Toshi (TOSHI) on the Base network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on Coinbase and Coinbase Exchange in the regions where trading is supported.” Coinbase is adding support for TOSHI on Base, an Ethereum (ETH) layer-2 network incubated by the exchange. The announcement was made yesterday around 4 p.m. EST. Immediately following the announcement, TOSHI leaped from $0.00036803 to $0.00048477, an over 27% gain. However, the dog-themed memecoin has since crashed to lower levels than before the announcement, trading for $0.0003579 at time of writing, down 5.6% overall in the last 24 hours. TOSHI is just one of a multitu...

The Plume price dropped 18% in the last 24 hours to trade at $0.1450 as of 3.50 a.m. EST on trading volume that dropped 49% to $148.41 million. Despite its 24-hour drop, the PLUME price has still seen a strong increase after going live earlier this week. The project emerged on Monday with a price of $0.1231, which initially dropped below $0.10, only to quickly skyrocket to beyond $0.20 within 24 hours. This resistance ended up rejecting it several times on Wednesday, Jan. 22, resulting in a price drop to $0.15. The price then made another attempt to reach $0.20, but it was cut short by the time the token climbed to $0.18, knocking it back down to $0.1450. Plume Price Prediction Following the token’s launch and its initial surge, Plume saw its Bollinger Bands widen quite sharply. However, as it reached its all-time high (ATH) at $0.2117 on Jan. 22, the bands have started narrowing more and more. The price spent most of its first two days fluctuating between the upper band and ...