DeFi News Official Today TheBitTimes.com

Analysts have predicted that the value of meme coin values will continue to soar as the month ends. Moreover, the surge in the value of newly released meme coins has prompted these analysts to dub it a new era for meme coins. This Analysis gives investors profitable insights into new meme tokens in the market. Meanwhile, the widespread adoption of cryptocurrency has generated excitement throughout the crypto market. This growing hype has also influenced the meme coin sector, driving up demand for meme-based tokens. Investors are now expecting significant growth in this unique area of the market. Newly Released Meme Coins to Invest In Today’s examination of newly released meme coins includes Hana, Marvin Inu, and Bobo. These tokens have posted 180%, 101%, and 57% increases in the last seven days, respectively. We will analyze their market trends to see why they are witnessing upward trajectories. Mega Dice is preparing for its Radium listing after its presale ends today. Thi...

Although cryptocurrency prices have been falling for a while, the overall feeling in the market remains positive. Recently, Bitcoin (BTC) has risen above $65,000, and Ethereum (ETH) has risen above $2,600, providing some relief to investors. However, identifying the next cryptocurrencies to explode is challenging as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Memebet Token. This new Telegram-based betting platform allows users to bet using meme coins for the first time, generating excitement among crypto enthusiasts. The details of its presale and the perfo...

German billionaire Christian Angermayer, who helped introduce Tether to Northern Data, has reportedly moved from the UK to Switzerland due to changing offshore wealth taxes Bloomberg reports Angermayer was considered a ‘non-dom’ while living in the UK, meaning his permanent home or ‘domicile’ was outside the country. This allowed the billionaire to avoid paying UK taxes on his overseas income and earnings for up to 15 years. As of last March, non-doms have been required to pay taxes on overseas income after four years instead of the original 15. The new UK government reportedly wants to remove inheritance tax breaks on assets in overseas trusts as well. Because of this, Angermayer told Bloomberg, “The planned changes to the non-dom framework are a huge mistake.” He claimed it would be “a bigger act of national self-harm than Brexit,” and said, “Every non-dom I know has left or is about to leave.” He was recently revealed to have introduced Tether to various investments , including...

Not long after adding PayPal (NASDAQ: PYPL) as a payment method to its network, Crypto.com introduced CFDs (Contracts for Differences), a new cryptocurrency derivatives trading feature for its app, with the goal of increasing trading opportunities for more than 40 crypto assets. Indeed, CFDs, which emulate trading an underlying asset without requiring the user to hold it, instead providing exposure to its price action so they can forecast if it will climb or decline – and profit if their predictions are correct – are already available in certain regions, the company said on September 26. Specifically, CFD trading is currently available 24/7 in the Crypto.com app in jurisdictions such as Barbados, Chile, Egypt, El Salvador, Ghana, India, Kenya, Mexico, Philippines, Vietnam, and others, while the United States, United Kingdom, and the European Union countries are waiting their turn. Picks for yo...

With the leading crypto continuing to perform well, Bitcoin returned briefly to the $65,000 level, with BTC trading in the green on the day. Indeed, the token is looking to benefit from improved sentiment as October approaches. Historically, the month has proven to be a positive one for the asset. The cryptocurrency has been on an upswing since the Federal Reserve opted to cut interest rates for the first time in four years. Now, the US market is awaiting an incoming speech from Fed Chair Jerome Powell. What he says is likely to have a massive impact on the trading market, including digital assets. JUST IN: $65,000 #Bitcoin pic.twitter.com/vtIqvjkqqa — Watcher.Guru (@WatcherGuru) September 26, 2024 Also Read: SEC Chair Gary Gensler Says Bitcoin is Not a Security Bitcoin Returns to $65,000 as ‘Uptober’ Awaits 2024 has been monumental for the crypto market. Specifically, it has been a game-changing year for Bitcoin. The token is the first crypto-based ETF in the US, foll...

Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July Grayscale’s ETHE recorded a significant $80.55 million outflow on the same day. Spot Bitcoin ETFs had modest inflows of $4.56 million, led by Fidelity’s FBTC. On Monday, US spot Ethereum ETFs experienced their largest daily outflows since late July, totalling $79.21 million. This significant drop was primarily driven by the Grayscale Ethereum Trust (ETHE), which recorded an outflow of $80.55 million, marking its most substantial outflow since July 31. According to data from Sosovalue, ETHE was the only spot Ethereum ETF to report outflows on that day, highlighting a challenging period for the asset class. In contrast, Bitwise’s ETHW managed to post a modest inflow of $1.34 million, while the remaining seven spot Ethereum ETFs registered no significant movement. The total trading volume for the nine Ethereum ETFs reached $167.35 million, reflect...

China stimulus and favorable global macroeconomic factors will create a bullish environment for risky assets like crypto, according to QCP Capital. “We believe more easing is coming from the People’s Bank of China (PBoC), and they have communicated as much,” QCP Capital said in a Sept. 25 blog post . “All major central banks, except Bank of Japan, are now ready to inject more liquidity into the market. The macro space continues to look more and more bullish for risk assets, including crypto.” The People’s Bank of China (PBoC) cut interest rates today and plans to reduce the cash banks must hold as reserves as part of a broad stimulus package to support its faltering economy. “The stars are aligning in the macro environment, which could drive crypto prices higher,” the QCP analysts said. “We know how explosive crypto prices can be, and with so many bullish catalysts, we think the next move higher will leave many people surprised an...

The founders of analytics firm Glassnode believe that the time is getting close for when altcoins will start to outperform Bitcoin (BTC). Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that altseason may arrive once Bitcoin breaks out of its all-time high (ATH) of about $74,000. “Altcoins have followed the bullish momentum of Bitcoin. It seems that we are on the verge of an altcoin season. We are bound to experience it intensely once BTC breaks its ATH and enters uncharted territory.” The analysts suggest that the upcoming altseason could be a part of a broad crypto market surge with all types of digital assets rallying at the same time. “The classic is Bitcoin first, then rotation into ETH, then large caps, then mid caps, then small caps. Since May we have seen BTC push up three times without any sign of an altcoin season. Now we saw the altcoin cycle indicator spike to...

Dogwifhat ($WIF) is witnessing an incredible turnaround, outperforming several top crypto assets. The asset experienced a price spike today, going from $1.71 to $1.89. $WIF is currently up 9.4% in the daily charts, 23.5% in the weekly charts, and 11.1% in the 14-day charts. Despite the rally, the Solana-based memecoin is still down by 1.7% over the previous month. Source: CoinGecko Also Read: Cardano: ADA Rallies 9%: Can It Hit $0.50 This Week? Why Is Dogwifhat Rallying? Source: Coinpedia.org $WIF’s sudden price spike could be due to the general bullishness in the crypto market. Bitcoin (BTC) is moving closer to the $64,000 mark, and other assets are following its lead. The market resurgence could be due to the Federal Reserve’s recent interest rate cut. The central bank reduced interest rates by 50 basis points last week. Rate cuts often lead to market participants taking on more risks as borrowing becomes easier. How To Become A Millionaire When The Memecoin Hits $5? To ha...

The First Neiro On Ethereum price surged over 26% in the last 24 hours to trade at $0.001192 as of 11:32 a.m. EST as investors continue to accumulate the canine-themed token. With the latest gain, the NEIRO price is now up more than 220% over the last week. Zooming out to the monthly time frame shows that the meme coin has soared a stratospheric 2,967% in the last month.  The First Neiro On Ethereum Price Resting On A Key Support 4-hour chart for NEIRO/USD (Source: GeckoTerminal ) The First Neiro On Ethereum price has formed a new resistance level at $0.001406 in the last few hours. NEIRO has pulled back from this level and is subsequently testing the closest support at $0.001126. A drop below this technical crutch could lead to the meme coin falling to $0.000809 or even $0.000505 in an extremely bearish scenario. On the other hand, the First Neiro On Ethereum price maintaining a position above $0.001126 for the next 8 hours could prevent the crypto from falling in the shor...