DeFi News Official Today TheBitTimes.com

Institutional adoption of digital assets has significantly increased, as evidenced by the majority of top hedge funds now reporting holdings in Bitcoin ETFs. Simultaneously, Bitcoin adoption in Africa is experiencing rapid growth, with over 110 businesses across 18 countries actively utilizing the cryptocurrency. Furthermore, a recent report from African Bitcoiners reveals a 16% rise in the number of Bitcoin-related organizations established in the third quarter of 2024 compared to the second quarter.  This trend underscores the expanding influence of digital assets on both institutional and regional levels. New cryptocurrency releases, listings, and presales today are also attracting investor interest. This article provides a curated list of these tokens to assist interested investors. New Cryptocurrency Releases, Listings, and Presales Today Auki Labs is leading the way in shared augmented reality by introducing pose mesh domains, representing a new virtual real estate form. ...

Taking a Western spin on the Shiba Inu genre of meme coins, Shiba Shootout has created a large community since its presale was announced.  Now that the token has raised upwards of $1 million and has materialized one of its P2E promises—Shiba Sharpshooter—more investors may arrive to check out this unique meme coin.  With more participants getting involved, more investors have started to wonder about one question: what lies ahead for this unique Cowboy-themed token? Western Backdrop and a Deep Lore - The Shiba Shootout Story  Shiba Shootout has veered from the norm by taking a more utility-centric approach to its setting. Even though it is a meme coin, and the Shiba Inus dressed in cowboy attire do look heroic, its main draw is its deep lore and the P2E game that could make the meme coin space a lot more interesting.  The story of Shiba Shootout is being used to highlight how the ecosystem operates. This meme coin project paves the way for ...

Fractal Specific Integrated Circuit (FSIC), a new non-fungible token collection exclusively created on Bitcoin, the same blockchain network hosting the flagship crypto Bitcoin and renowned in the NFT market for its Ordinal, BRC-20, and Runes NFT collections, has exploded in trading sales volume and become the leading NFT collection in the NFT market table today. Data compiled by CryptoSlam.io, an on-chain crypto market aggregator and non-fungible token explorer backed by crypto billionaire Mark Cuban, indicates that the FSIC Ordinal collection is our daily NFT market leader. In the past 24 hours, the FSIC Ordinal collection has amassed a trading sales volume of $900,673, up more than 1000% from the past day. Below, we have listed the five top-selling NFTs on Bitcoin. 1. Fractal Specific Integrated Circuit (FSIC) Launched earlier this week, Fractal Specific Integrated Circuit (FSIC) is an Ordinal collection featuring a limited edition of 3,800 Fractal Bitcoin blocks...

The crypto market is experiencing a downturn, with the global crypto market cap decreasing by 0.83% over the last 24 hours. Also, Bitcoin is witnessing significant losses, declining by 0.22%. This decline is largely attributed to political uncertainties, weak economic data, and ETF performance.  However, several altcoins, including Flare, Litecoin, and FLOKI, show notable resilience. Despite the market decline, these altcoins have demonstrated impressive strength. This resilience and the significant increase in development activity places them among the top cryptocurrencies to invest in now . This suggests that these altcoins may be poised for a bullish trend.  Top Cryptocurrencies to Invest in Now Flare recently integrated Polyhedra’s zkBridge, bringing zero-knowledge proofs to its network. Meanwhile, investor confidence in Litecoin is increasing, with analysts predicting a potential 40% price increase. This forecast signals LTC’s growing significance in the ba...

Pepe and Bonk are two of the leading meme coins. These tokens have a history of delivering significant price rallies when they were in their prime. The altcoin market has mellowed since Bitcoin dipped below $57K, ushering in a wave of new low price thresholds for such tokens to trend over. Now that Bitcoin seems to be recovering, the meme coin season is getting back on its feet. Let’s find out how BONK and Pepe will perform in September 2024. Also Read: Currency: Fed Rate Cuts To Strengthen Yuan By 10%, Pushing Dollar Down Best Altcoins to Invest in September 2024 BONK Price Prediction Source: Decrypt BONK is a promising Solana-based meme coin that was launched in 2022. The token has amassed a robust fan community since its launch two years ago. Since its launch, BONK has surged nearly 16620% and is currently trading at $0.00001831. According to CoinCodex, BONK may surge by a staggering 200% in September to hit the new $0.00006019 price level. Image: CoinCodex “According to our cu...

Magic Eden, a prominent multi-chain non-fungible token market platform, has launched a new product letting crypto users aggregate all non-fungible token collections from one live feed. The latest product is believed to make NFT minting easier, faster and more efficient. In this article, we shall examine how the new Magic Eden product operates. Magic Eden Launches A New NFT Tool In an August 27 blog post, Magic Eden confirmed launching a new tool called ‘Mint Terminal.’ The new tool, now available in the Magic Eden dashboard, allows users to aggregate all their favourite minting platforms into one live feed. The new Magic Eden tool is a game changer in the global NFT market, especially now that the non-fungible token is anticipated to retest another bull run. There’s no place like home (Magic Eden’s Mint Terminal). We’ve aggregated all your favorite minting platforms into, you guessed it, Mint Terminal — Discover new art, experience near-instant m...

The Toncoin price dropped 1.7% in the last 24 hours to trade at $5.319 as of 03:34 a.m. EST on trading volume that plunged 26% to $928 million. This comes as The Open Network (TON) protocol failed to produce a block on Wednesday morning. This is a concern, as a blockchain not producing blocks for an extended period may disrupt network stability, leading to security risks and transaction delays. A recent airdrop of the DOGS memecoin might have been the cause of the standstill, as it caused a surge in transactions, and the network struggled to catch up to meet the demand. Toncoin Price Bearish, Bulls Aim For A Rebound According to data from GeckoTerminal , the Toncoin price has been on a downtrend in the last four days, as TON traded within a falling channel pattern. TON still trades below both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the current bearish trend. Moreover, the Relative Strength Index (RSI) trades within the 30-oversold level, showing that the...

Shiba Inu (SHIB) is a beloved cryptocurrency. The asset’s popularity skyrocketed during the 2021 bull run when its price increased by many million per cent. Early SHIB investors made millions of dollars in profit with very little money. The dog-themed crypto has faced significant headwinds since its 2021 peak, but fans and investors continue to pursue higher prices. Also Read: Tron Reaches 3-Year High as TRX Looks to Surge Past $0.16 While many think the SHIB boat has already sailed, others believe there is still time to make it big with the popular crypto. Let’s discover how to be a millionaire when SHIB hits $0.05 (5 cents). How to Be a Millionaire When Shiba Inu Hits 5 Cents? Source: Twitter You will need 20,000,000 (20 million) coins to have a million dollars worth of Shiba Inu (SHIB) at $0.05 per coin. The price of 20 million SHIB tokens right now is about $293.4. In this scenario, your portfolio will have grown by about 340,731%. Also Read: Shiba Inu: How High Can SHIB...