Altcoin News Official TheBitTimes.com

A widely followed cryptocurrency analyst and trader is leaning bullish on a top-10 altcoin by market cap. The analyst pseudonymously known as Sherpa tells his 229,600 followers on the social media platform X that Dogecoin (DOGE) is “still very strong looking” amid the flagship memecoin rising by around 60% from the October low. Source: Sherpa/X According to Sherpa, Dogecoin could undergo a correction before going higher. Dogecoin is trading at $0.169 at time of writing. Next up is Bitcoin (BTC). According to the pseudonymous analyst and trader, Bitcoin hasn’t “materially moved” above the $65,000 level in about 1,295 days and could potentially go higher. “Time is ticking… BTC to all-time high loading You are not bullish enough.” Source: Sherpa/X Sherpa also says that the ratio of Bitcoin relative to other crypto assets is set to remain at elevated levels. Based on the widely followed analyst’s chart, it appears that he is suggesting that the...

The prominent investor and popular author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has been known to favor a set of assets over most other investments.  Though three – gold, silver, and Bitcoin (BTC) – are generally the most mentioned, Kiyosaki is likewise generally engaged with Solana (SOL), wagyu cattle, and real estate. In an X post made late on October 30, the author took the time to offer a simple explanation as to why he likes – or, as he put it, loves – one of them: the world’s premier cryptocurrency, Bitcoin. Picks for you Bybit’s trading platform in Kazakhstan launches with full AFSA approval  12 mins ago Binance uses Amazon’s AI solutions to elevate its user exper...

Researchers have published a new report that alleges MrBeast, YouTube’s biggest star, profited $23 million in crypto “from a multitude of scams, shady deals, and his network.” However, the heavily-hedged report also shows signs of being less than 100% credible. Indeed, its closing credits, which thank the pseudonymous researchers who boast fewer than 4,000 followers apiece on X (formerly Twitter) as of publication time, read more like job applications than credible biographies. Not only this, the lead researcher’s website — a default SquareSpace template barely filled with enough content to function — offers no information about the company, location, or legal details of operations. On top of this, the document hedges most of its claims about MrBeast’s crypto profitability , often relying on phrases like “we believe,” “a strong indicator,” “they may have had insider information,” and “highly likely to have lost their money.” MrBeast’s $23 million: More f...

The Bitcoin price surged 2% in the last 24 hours to trade at $72,146 as of 04:24 a.m. EST on trading volume that surged 10% to $52.16 billion. This comes as the BTC price hit a high of $73,577 on Oct. 29, just shy of the all-time high price of $73,750 recorded in March this year. Bitcoin is up 111.8% in the past year, after starting 2024 in the $42K range, according to CoinGecko . This comes as US spot BTC ETFs (exchange-traded funds) saw over $870 million in net inflows on Tuesday, the third highest since launch, with BlackRock’s IBIT leading the way with a $629 million influx. Bitcoin Price Bulls Aim To Sustain The Bullish Stance The Bitcoin price is trending within an upward channel marked by two orange lines. This channel, starting around August, represents a bullish trend with higher highs and higher lows, indicating growing buying pressure. BTC/USD Analysis on the 1-day chart is trading near the top of this channel at around $71,000, which is a resistance level...

With the leading cryptocurrency nearing a return to its all-time high, it could factor into the BRICS alliance, with one VanEck executive saying the bloc is likely to increase its Bitcoin adoption in the future. Specifically, the firm notes that the asset could be key in the collective’s growing global trade. The BRICS has just concluded its long-awaited 2024 Summit. There, they highlighted the need to continue its ongoing de-dollarization efforts but also assured it will not be creating new infrastructure to support such an endeavor. That could open the door for cryptos like Bitcoin, to become even more important in the near future. Source: AFP Also Read: BRICS: U.S. Dollar Crisis Could Begin in 2025 BRICS Turn to Bitcoin? Why One Executive Thinks It May Just Be a Matter of Time There were high hopes for Bitcoin entering the year. After being the first crypto to receive ETF approval in the United States in January, the leading asset reached an all-time high price of $73,000 just ...

Infinex, an upcoming decentralized exchange platform under development by Synthetix, has successfully amassed more than $67 million through its recent Patron NFT sale. The Infinex Patron non-fungible token sale, which launched and concluded yesterday, attracted participation from notable venture capitalists, angel investors, and members from the NFT and crypto communities. Infinex Raises +$67M In An NFT Sale In an October 28 blog post, Infinex confirmed the completion of its patron NFT sale with support from leading founders, foundations, VC firms, and communities across the on-chain ecosystem. This fundraising model, which has enabled Infinex to raise more than $67 million, launched its Patron NFT sale on Monday, October 23, 2024, and ended successfully several hours later. We are thrilled to announce the completion of our $67.70M Patron Sale with support from leading founders, foundations, funds and communities across the onchain ecosystem. Infinex is ushering in the next phase ...

Nvidia stock hit a new milestone today. The company became the world’s most valuable business during a growing AI chip controversy. A Mumbai drugmaker was caught sending restricted chips to Russia. These chips, worth $300 million, were meant “to target sensitive sectors in Russia’s military-industrial complex.” Also Read: Vitalik Buterin Defends Ethereum Strategy Amid Data Bloat Concerns Impact of AI Chip Controversy on Nvidia’s Market Position Breaking Valuation Records Source: TradingView Nvidia’s stock beat Apple’s to become the world’s most valuable company at $3.53 trillion. Share prices jumped 18% in October, following OpenAI’s $6.6 billion funding news. Dell, which made the servers with these chips, says it “follows all applicable global regulations and export controls.” They promised “swift and appropriate action, up to and including termination of our relationship” with rule-breakers. The Mumbai Con...

This past week saw increased volatility in the cryptocurrency market. Bitcoin (BTC) attempted to surpass its previous high of $69,500—last seen in July—but ultimately fell short. After a quick pullback, BTC found stable support at the $65,000 mark, a level it tested twice over the week. It is now consolidating around this support zone. Institutional interest in Bitcoin continues to be robust, with Bitcoin ETFs experiencing net inflows of $997.7 million, marking the third consecutive week of positive inflows. Meanwhile, tokens within several networks have also witnessed rallies. This article curates the top trending crypto coins on DEXTools . Top Trending Crypto Coins on DEXTools The Tommy Shelby: The Devil (DEVIL) coin is currently priced at $0.000737, and it has a market capitalization of $775,170. Kleva Protocol operates on the Klaytn blockchain as a decentralized finance (DeFi) platform, focusing on leveraged yield farming. The token associated with this project, Steve...

As Bitcoin edges closer to the $70,000 threshold, altcoins, especially those in the meme sector, are experiencing a revitalized surge in momentum. The market as a whole, though slightly corrective in the short term, is witnessing a resurgence of investor interest, marked by increasing ‘greed’ signals and bullish movements across several meme coins. These digital assets, with high potential for impressive gains, are attracting investors looking to capitalize on their promising growth, pushing towards new milestones and, in some cases, breaking through billion-dollar market caps. Popcat (SOL) (POPCAT) The Popcat (SOL), a meme coin on the Solana blockchain, suggests strong momentum and potential for further growth. Since early October, the coin has captured widespread attention, reaching the impressive milestone of a $1 billion market cap—a feat that strengthens its position as a top contender in the meme coin space. Moreover, $POPCAT’s recent breakthrough past...

Every day, the cryptocurrency market experiences changes and developments that shape investment choices. Last month, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things are already starting to look up for smart investors. The crypto market is observing a noteworthy increase in trading signals, leading investors to actively search for the next promising token. However, being able to spot the next cryptocurrency to explode amidst this abundance requires a thorough understanding of the market dynamics. Today’s article identifies coins with some potential and informs investors and traders about each token. Next Cryptocurrency To Explode Today’s review highlights promising cryptocurrencies that investors should keep an eye on. Among these is a new project called FreeDum Fighters. FreeDum Fighters is a satirical token that combines crypto with political drama. Currently, in stage 1 of its presale, the project...