Altcoin News Official TheBitTimes.com

The global non-fungible token market, led by Ethereum-based NFTs, has recorded a notable uptick in Q4, 2024, with recent data indicating a significant uptick in trading sales volumes and floor price values. The recent surge in price reflects the broader trend of increasing valuations in the NFT ecosystem, driven by heightened market activities and renewed interest in digital assets. Data compiled by nftpricefloor.com, an on-chain crypto and non-fungible token data aggregator, shows that the non-fungible token market has witnessed a sharp gain in Q4,2024, with Ethereum-based NFT collections leading the resurgence. This massive recovery in Q4, 2024 comes after a prolonged period of market stagnation, which left many blue-chip NFT floor prices far below 30 ETH. Below, we have listed some of the top NFT floor price gainers in Q4, 2024: Top NFT Floor Price Gainers In Q4, 2024 1. CryptoPunks CryptoPunks, a non-fungible token collection featuring a limited edition of 10,000 NFTs created b...

As Bitcoin dropped to the $92,000 mark over the past 24 hours, altcoins mirrored the decline, with most trading in the red. However, an analyst on X (formerly known as Twitter), Jason Marks, has suggested that a bullish shift for altcoins might be approaching. Marks highlighted a fractal pattern that could lead to substantial growth for the altcoin market. Marks’ Analysis suggests this fractal could drive the altcoin market cap up to $1.85 trillion. At present, the total valuation of altcoins is around $925 billion. In light of this positive outlook, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar . 5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar SafePal (SFP), currently ranked 192 in the cryptocurrency market, is trading at $0.7271, showing a 0.72% rise over the past 24 hours. JUST (JST), a decentralized finance (DeFi) platform, operates on the TRON blockchain. Jupiter, a leading swap aggregation engine, continue...

The share price of MicroStrategy stock (MSTR) plunged 8% after the firm purchased $209 million worth of Bitcoin (BTC) amid growing concerns of the company’s “leveraged” play. MSTR lost over $27 during yesterday’s trading session, according to data from Google Finance . The bleed continued during after hours trading, with MicroStrategy stock dropping an additional 3%. MicroStrategy Stock Heavily Leveraged Through Convertible Notes And Debt Issuances The Kobeissi Letter shared concerns about MicroStrategy’s proposed 10 billion increase in authorized shares in a Dec. 30 X post. According to the trading resource, MSTR has heavily leveraged itself through a mix of convertible notes and debt issuances.  Something doesn't add up here: MicroStrategy, $MSTR, has been known as the most popular "levered" #Bitcoin play of the year. Meanwhile, over the last month Bitcoin has gained +2% while $MSTR is currently down nearly -50%. What is happening? Let us ex...

BRICS member Russia is aggressively pushing the de-dollarization agenda by making developing countries settle trade in local currencies. Russian President Vladimir Putin is convincing emerging economies to ditch the US dollar and push local currencies for cross-border transactions. The move will strengthen their native economies and give their local currencies a boost in the forex markets. Also Read: BRICS: India Makes Huge Announcement on New Currency Read here to know how many sectors in the US will be affected if BRICS accepts local currencies for trade. Russia is successfully bypassing US sanctions and keeping its economy afloat by making other countries ditch the US dollar. The development is hurting the US more as emerging economies as seriously considering advancing the de-dollarization initiative. Also Read: The US Dollar’s Clout Is Decreasing Globally, Says BRICS BRICS: Russia & Belarus Settle Trade Worth $37 Billion in Local Currencies Source: Reuters In 2024 alone, BRICS...

The Aixbt By Virtuals price surged 18% in the last 24 hours to trade at $0.4824 as of 11:22 p.m. EST on trading volume that skyrocketed 97% to $114 million. Aixbt By Virtuals Price To Sustain Its Breakout The Aixt By Virtuals price Analysis on the 4-hour timeframe shows a strong upward trend characterized by a well-defined rising channel. The AIXBT price has steadily risen from the channel’s lower boundary and recently experienced a breakout above the channel’s upper trendline at $0.4389, signalling heightened bullish momentum, according to GeckoTerminal data. The 50-day Simple Moving Average (SMA) currently sits at $0.3548, while the 200-day SMA is at $0.2562, both trending upwards. The price of Aixbt By Viertuals remains well above both moving averages, confirming a strong bullish bias. Meanwhile, the Relative Strength Index (RSI) is at 69.69, approaching the overbought threshold of 70. This suggests that the market is near overbought conditions, and while the upw...

As the new year approaches, cryptocurrency enthusiasts are eyeing meme coin presales as potential investments, hoping to capitalize on a major market rally in January. With the total cryptocurrency market cap standing at $3.3 trillion, and despite meme coins facing volatility, signs of recovery are emerging as the market heats up. These three meme coins present unique opportunities for early investors. Wall Street Pepe (WEPE) The first meme coin to watch for the upcoming year is Wall Street Pepe, a project gaining significant attention in the cryptocurrency space. This coin has already attracted early buyers. Wall Street Pepe shares similarities with other successful meme coins, with investors getting in early, anticipating significant price increases when the coin goes live. Currently priced at $0.0003659, the token will soon enter its token generation event, which could drive its price even higher. The presale for Wall Street Pepe raised an astonishing $30 million in just two w...

The positive sentiment throughout the cryptocurrency sector is undeniable. Indeed, the asset class has thrived throughout most of the year, but that pales in comparison to what some expect when the calendar turns. Among the assets with the most potential is Chainlink, as it is set to win big in 2025, with analysts suggesting LINK has an $80 upside for the coming year. Chainlink has been thriving despite a price correction taking place throughout the holiday season. As the market anticipates a thriving year ahead, it could be one of the biggest risers. Indeed, whales have already made their presence felt, acquiring 1.37 million LINK over the last five days alone. Source: Chain.link Also Read: Chainlink: LINK Up 53% This Year as January Preps Record-Breaking 2025 Chainlink to $80 Next Year? Why LINK Could Far Exceed 39% 2024 Gains Bitcoin has led a monumental bull rally for cryptocurrencies this year. The leading digital asset surged beyond a $100,000 price for the first time in its hist...

Decentralized Finance (DeFi) has been one of the most groundbreaking developments in the blockchain and cryptocurrency space. With Ethereum at its core, DeFi opens a world where traditional financial services such as lending, borrowing, trading, and saving are all executed through smart contracts and decentralized protocols.  In this article, we’ll dive deep into how DeFi works on Ethereum, uncovering its key components and what makes it so revolutionary. What is DeFi? At its core, DeFi refers to financial services that are decentralized, meaning they are not controlled by any central authority, such as a bank or government. Instead, these services are powered by smart contracts on blockchain networks, removing the need for intermediaries and allowing anyone with internet access to participate. Ethereum, as the most widely adopted blockchain for DeFi, enables these decentralized applications (dApps) to run using its powerful smart contract functionality. Unlike Bitcoin, which is primar...

Despite its recent correction, Chainlink (LINK) is up more than 53% this year, with January looking to prepare a record-breaking 2025 for the cryptocurrency. Indeed, the asset has stumbled throughout the holiday season, alongside most of the sector. However, that doesn’t lessen excitement over what’s to come for the asset class. The entire industry has high hopes for 2025, and many expect it to outperform what has taken place over the last 12 months. With Bitcoin set to lead an ongoing surge into unprecedented territory, analysts are expecting Chainlink to be among the assets set to break records in the coming year. Also Read: Chainlink (LINK) to Rebound 160% From December Drop: Here’s When Chainlink Has Solid 2024 As It May Be Set to Break Records Next Year Source: Watcher Guru Also Read: Chainlink Falls 15%: Why Analysts Still Expect LINK to Hit $35 in January Any way you look at it, 2024 was an unforgettable year for cryptocurrencies. In January, the United States approve...

Bitcoin’s historic surge past $100,000 was driven by ETF approvals, halving events, and Trump’s policies. The cryptocurrency remains strong despite pulling back to $97,000, showing sustained market confidence. Institutional investors continue supporting Bitcoin’s position as the seventh most valuable global asset. Solana is a compelling alternative with its efficient proof-of-stake mechanism and smart contract capabilities. The platform’s growing ecosystem and technological advantages attract developers seeking faster blockchain solutions and applications. New cryptocurrency releases increasingly choose between Bitcoin’s scarcity-based value and Solana’s development-focused infrastructure. New cryptocurrency Releases, Listings, & Presales Today    Reploy’s recent Uniswap debut and partnership with MicroGPT demonstrate its growing influence in blockchain advancements. Archerium empowers traders with AI-driven analytics, optimizi...