DeFi News Official Today TheBitTimes.com

The XRP price plummeted 7% in the last 24 hours to trade at $2.50 as of 11:28 p.m. EST on trading volume that plunged 41% to $11.1 billion. This comes after the XRP Ledger experienced a one-hour outage on February 4, which affected transaction processing but not user funds. According to preliminary findings, the major cause is a lack of published validations. Ripple blockchain is down. I repeat, Ripple blockchain is down.$XRP pic.twitter.com/Y56tv64wcx — ANON GUY (@sunsnowbro) February 4, 2025 However, validator operators acted swiftly to restore normal functionality, which demonstrated community responsiveness during the outage. XRP Price Trading Within Support The XRP price had a strong bullish rally, as indicated by the steep upward movement marked on the chart. This rally was followed by a sideways consolidation phase, suggesting a period of price accumulation before the next breakout. Following this consolidation, the price of XRP surged once again, testing a resist...

The meme coin sector plummeted, led by sharp declines in $TRUMP and $MELANIA after inauguration day, sparking a search for the best crypto to buy now as investors seek more promising opportunities. The average price of meme coins plunged almost 24% in the past 24 hours, while new Trump family meme coins Official Trump ($TRUMP ) and Melania Meme (MELANIA) plummeted 39% and 67%, respectively, according to CoinMarketCap. Euphoria in the crypto industry over the start of Trump’s second term as president has given way to a downbeat mood after his inauguration day speech failed to mention crypto at all. Trump’s first day in office also passed without a single reference to the crypto industry. Crypto assets overall plunged almost 6% to a market capitalization of $3.53 trillion, and the search is now underway to find cryptos that can perform in the early, potentially volatile, days of the new Trump administration. RAY Tops Gainers While TRUMP and MELANIA plunged throughout the...

The Phala Network price soared 70% in the last 24 hours to trade at $0.4765 as of 9:20 p.m. EST on trading volume that skyrocketed 243% to $804 million, according to CoinGecko.  Phala Network Price Indicators Show A Sustained Bullish Rally The Phala Network price Analysis on the 4-hour chart displays a strong bullish trend in recent days. The price has experienced a sharp surge, breaking through significant resistance levels. A notable parabolic move has formed, highlighted by a steep upward trajectory following the consolidation phase near $0.17, driving the price of Phala Network to an all-time high of $0.5536.  The 50-day Simple Moving Average (SMA) at $0.20 and the 200-day SMA at $0.17 have both been decisively crossed, indicating that the Phala Network price bullish momentum is dominant. This cross of the 50 SMA above the 200 SMA forms a golden cross around $0.1665, which is a strong bullish signal. Meanwhile, the Relative Strength Index (RSI) value of 79.77 indicat...

The Hyperliquid price has jumped 7% in the last 24 hours to trade at $29.28 as of 12:32 a.m. EST on a 12% drop in trading volume to $549 million. This surge in price comes despite growing concerns over Hyperliquid’s security and centralization amid signs that the notorious North Korean Lazarus Group was active on the platform. In the last 30 hours, net outflows from Hyperliquid exceeded $256 million, with December 23 alone seeing $502.71 million in outflows and $253.5 million in inflows. Hyperliquid denied any exploit or compromise, stating on its Discord server that all user funds were secure. DPRK's trading career is…uh….going…..🙈 tbh if i was the dude managing Hyperliquid's 4 validators (or those fucking ghetto ass binaries on gh) I would be shitting my pants right now. Hyperliquid dudes dont seem worried at all though so im sure its fine. 🫠 pic.twitter.com/JrrU7t1sJe — Tay 💖 (@tayvano_) December 22, 2024 North Korean...

Initial Coin Offerings (ICOs) present a unique opportunity for investors to maximize potential returns by participating in projects early on. These presales allow for token acquisition at the most affordable prices, potentially unlocking substantial gains, often ranging from 10x to 100x post-launch. Five exciting projects are currently in their ICO phase, each offering distinct utilities and promising significant growth potential, making them prime targets for early investment. Wall Street Pepe (WEPE) Wall Street Pepe, a crypto play inspired by the iconic Wall Street Bets phenomenon, uses Ethereum’s blockchain to replicate the disruptive strategies that reshaped the stock market, such as the AMC and GME short squeezes. The project represents a united front of a massive community aiming to challenge hedge funds within the crypto space. With over $32.9 million raised so far, the price continues to rise ahead of launch, offering early investors a unique opportunity for growth w...

The Solaxy (SOLX) token presale is selling like hotcakes, raising $2.2 million in just its first four days at a run rate exceeding $500k a day. Solaxy is building a Solana Layer 2 protocol that bears down on the congestion and failed transactions impacting the performance of one of the largest blockchains in the industry. Investors like what they see. Soon, thanks to Solaxy, the issues that are limiting Solana’s ability to fully realize its scalability potential could be a thing of the past. $SOLX token is in the ninth stage of its presale, priced at $0.001566. The presale’s starting price was $0.001. The next price stage kicks in when the fundraising total hits $2,590,379, at which point the $SOLX price rises to $0.001562. Interested prospective buyers will need to expedite their due diligence to capture what could be the lowest-ever price for a $SOLX token.  Use Best Wallet To Buy And Stake $SOLX  Helping to turbocharge t...

The Ethena price soared 29% in the last week and 4% in the last 24 hours to trade at $1.27 as of 11:18 p.m. EST on trading volume that plunged 15% to $1.1 billion. Ethena Price On A Sustained Bullish Rally The ENA/USD chart exhibits a classic rounded bottom pattern where the Ethena price declined steadily before eventually surging upward. This pattern is bullish and often signals a strong trend reversal. Post the breakout from the bottom around $0.20, the Ethena price has risen parabolically, crossing key resistance levels, according to data from GeckoTerminal . This sharp upward curve suggests aggressive buying and a strong bullish sentiment. ENA price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), cementing the general bullish outlook. The 50-day SMA has also crossed above the 200-day SMA, forming a golden cross around $0.47, which is also a sign that the price of Ethena could keep on soaring. The Relative Strength Index (RSI) is currently at 75.11,...

Cryptocurrency enthusiasts, whether new or seasoned, need a reliable wallet to navigate the dynamic world of digital assets. Best Wallet (BEST) has emerged as a game-changer, offering innovative Features that are setting it apart in the crowded hot wallet space. With the recent launch of its native token $BEST, Best Wallet has garnered massive attention, raising a staggering $3 million and attracting over 7,000 participants to its airdrops. Let’s dive into what makes this wallet so appealing and the exclusive benefits of holding the $BEST token. Features In What Is Being Called The Best Crypto Wallet Of 2025!"> Features In What Is Being Called The Best Crypto Wallet Of 2025!" width="640" height="360" src="https://www.youtube.com/embed/g8oLdpffTV4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origi...