China News Daily Official TheBitTimes.com

Shiba Inu climbed above the $0.00004 mark in March 2024 after relatively remaining in the backfoot for nearly two years. SHIB skyrocketed in price in 2021 making early investors turn millionaires in less than a year. It spiked 85,000,000% (85 million percent) between August 2020 to October 2021 generating life-changing gains for early holders. The rally was one-of-a-kind that the cryptocurrency market had never seen or experienced before. Also Read: Shiba Inu (SHIB) Price Prediction After Bitcoin Halving The bull run of 2021 made Shiba Inu attract new and first-time investors into its fold from across the world. The new investors took an entry position into SHIB with the hopes that it would replicate its 2021 rally. If the rally kick-starts, another batch of investors could make amazing profits and lead a comfortable life. Shiba Inu: Analyst Says SHIB Could Rally Again Like It Did in 2021 Source: Freepik.com Pseudonymous cryptocurrency analyst ‘Rekt Capital‘ told his nearl

The market is printing greens from the meme coin sector to the Solana ecosystem, leading to investors searching for the next viable new token. Platforms like CoinMarketCap (CMC) and Coincodex are witnessing a daily influx of these tokens. However, distinguishing between legitimate projects amidst this abundance requires a profound understanding of the market. InsideBitcoins offers carefully curated selections of new cryptocurrency releases, listings, and pre sales , spotlighting promising prospects within the crypto sphere. Tokens such as Root Protocol, Neurahub, and Sol stream are gaining momentum due to their perceived potential. This Analysis delves into their tokenomics, use cases, partnerships, and other key attributes that position them as appealing investment opportunities. New Cryptocurrency Releases, Listings, and Presales Today The VR gaming industry is on the brink of transformation with 5th Scape’s groundbreaking offerings, facilitating direct mind-to-mind connections.

Since Avalanche’s recent token release, Avax has been forced into a protracted price discovery with intermittent breakout spikes. However, many assets in the Avalanche ecosystem have posted impressive numbers over the week, particularly the top trending assets in the Avalanche network .  Today, Zookeeper, Osaka Protocol, and Baklava took the lead as some of the top trending cryptos on the chain. Several other new projects debuted on the Avalanche chain, but most of these tokens have unproven fundamentals, making them quite risky to consider. Ultimately, as more assets are launched on the Avalanche chaine, the AVAX coin would find the momentum to break the consolidation trend, Trending Cryptocurrency Tokens on Avalanche Chain  Meanwhile, the opportunity to catch early crypto opportunities is commonly found in emerging crypto assets. Thus, we’ve included assets that might become the next top trending token in the market. Below is a summary of the Sponge V2 market trends. The project r

Meme coin traders reaped big from newly launched meme coins capitalizing on the sentencing of FTX Founder, Sam Bankman-Fried. US Judge Lewis Kaplan sentenced SBF to 25 years in prison after a jury found him guilty on seven counts of fraud and conspiracy. Judge Kaplan: It is the judgment of the court that you are sentenced to 240 months then consecutive 60 [etc] for a total of 300 months [25 years] — Inner City Press (@innercitypress) March 28, 2024 The sentencing, which is historic for the crypto community, presented a leeway for developers to launch new meme coins. One such meme coin is Sam Baseman Fraud under the ticker $FTX, which launched hours before the sentencing. Data from DexScreener shows that $FTX is holding gains of over 7,000% in the last 24 hours. However, in just six hours, it has dropped by 47%, with its market capitalization currently at $319,000. Shortly after SBF’s sentencing, another meme coin, Som Bonkmon Fraud, launched on Solana. It jumped to a market capi

AI crypto heavyweights Fetch.ai, SingularityNET, and Ocean Protocol are discussing a token merger to create a joint Artificial Superintelligence (ASI) token. Under the proposed deal, the three platforms will continue operating as separate entities, but their individual tokens will be merged into ASI. The combined market capitalizations of the three tokens currently totals $5.41 billion, according to CoinMarketCap. That sets up to challenge NEAR Protocol as the AI crypto sector’s biggest token by market cap. NEAR’s market cap stands at $7.6 billion. The new ASI token will have a fully diluted valuation of $7.5 billion. 🔔 @SingularityNET, @Fetch_ai, and @oceanprotocol reportedly discuss a $7.5 billion token merger. ➡️ The new token would have a fully diluted valuation of $7.5 billion.https://t.co/ECbC5YXiv6 ➡️ Follow Us @psquarevc | @pSquare_Daily pic.twitter.com/6Y5p3DWTRu — Psquare Daily (@pSquare_Daily) March 27, 2024 The news triggered gains for the existing tokens. FET ro

A widely followed analyst and trader is offering his prediction on three crypto assets amid a slight bump in the markets. Starting with the layer-one blockchain Near Protocol (NEAR), the analyst pseudonymously known as Bluntz tells his 251,200 subscribers on the social media platform X that the Ethereum (ETH) rival could rise above $9.01, the 22-month high last reached a little over a week ago. “Will NEAR be the first Layer-1 in the top-50 (by market cap) back to fresh 2024 highs? I think the answer to that will be a resounding yes.” According to the analyst who regularly uses the Elliott Wave theory in his technical Analysis , two five-wave patterns are playing out on the four-hour chart of NEAR. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern. Based on Bluntz’s chart, one of the five-wave patterns could complete at above the $8.80 price while the second o

The Shadow Token price rallied over 57% in the last 24 hours to trade at $2.31 as of 9:15 a.m. EST as investors rush to buy the altcoin. The surge in the Solana token’s value follows an announcement by Coinbase , the leading U.S. crypto exchange, that said the platform will list the crypto on its platform. Coinbase shared the news in a recent blog post that reaffirmed the platform’s commitment to expanding the number of assets made available to Coinbase users. The Shadow Token Price Sets A New All Time High 4-hour chart for SHDW/USDT (Source: TradingView ) The Shadow Token price managed to break above the $1.9008 resistance level in the last 24 hours, and continues to trade above the key price point. During the past day of trading, it was also able to break its previous all-time high at $2.62 to reach a new peak at $2.91. Traders have since taken profit, causing a minor retracement. Despite the slight pullback, SHDW could soon attempt to set another new all-time high as a posit

Injective (INJ) price has dropped below $40 and could struggle despite latest network developments. Litecoin (LTC) could break above $100 and eye more upside amid ETF speculation.  Elsewhere in the market, investors are aggressively buying KangaMoon (KANG). Litecoin (LTC) is seeing some action amid increased news coverage while Injective (INJ) price sits at a crucial support level. The two cryptocurrencies are among those investors are watching as sentiment around Bitcoin paints a bullish picture for top altcoins. Here’s the price prediction for Litecoin, Injective as well as a look at why interest in new crypto project KangaMoon (KANG) is skyrocketing. Litecoin price prediction amid LTC news Litecoin ranked among the top altcoins for a while before plunging off radar amid negative price action during the last bear market. Now, as Bitcoin hoards all the headlines with a spike to a new all-time high, Litecoin price is slowly back into the shadows. A pot

The Wen price surged over 20% in the last 24 hours to trade at $0.0003902 as of 8:50 a.m. EST as investors try to ride the altcoin’s positive streak. The Wen Price Is Challenging Resistance 4-hour chart for WEN/USDT (Source: TradingView ) The Wen price printed a series of higher lows and higher highs on its 4-hour chart in the last 48 hours, resulting in a positive trend line forming. Should this bullish momentum continue in the next 24 hours, the altcoin may be able to flip the $0.00040385 resistance into support. It could then have the necessary foundation to set a new all time high above its previous peak of $0.0004191. This bullish thesis might be invalidated if the Wen price is rejected by the $0.00040385 resistance level in the coming 24 hours. Traders may then begin to mitigate their risk by selling some of their holdings in the crypto, which might lead to it correcting to the positive trend line. A break below this point could then signal a bearish shift in the crypto’s

Convicted ex-billionaire Sam Bankman-Fried will be sentenced this Thursday for the seven counts related to wire fraud and money laundering that he committed at crypto exchange FTX. Prosecutors have asked the judge to issue a sentence of 40 to 50 years but Bankman-Fried’s attorneys have counterargued, calling such a timespan excessive and pointing out that he is not a supervillain. John J. Ray III, the post-bankruptcy cleanup executive who has been working to return funds to harmed FTX victims, rebutted most of Bankman-Fried’s arguments in a scathing reality check. Here are some highlights from Ray’s letter to sentencing judge, Lewis Kaplan. “One must first start at the total dollar amount of claims filed. That number is $23.6 quintillion dollars. One quintillion is one billion billion. It is the number 1 followed by 18 zeros.” “Vast sums of money were stolen by Mr. Bankman-Fried, and he was rightly convicted by a jury of his peers.” “Bankman-Fried’s victims will never be returne

With the majority of assets in the cryptocurrency sector resuming their upward advance, Stellar (XLM) has been no exception, with its Lumens recording gains on all of the observed charts, and artificial intelligence (AI) see more bullishness for this altcoin by the end of this year. As it happens, Stellar has intensified its gains in recent weeks, particularly as the network has renewed its bid to overtake Ethereum (ETH) by launching a smart contracts platform for decentralized apps (dApps) developers, and advanced AI price projecting algorithms predict more improvement by the end of 2024. Stellar Lumens price prediction 2024 Indeed, according to one of these AI algorithms, which relies on the historical XLM price movements and the Bitcoin (BTC) halving cycles, the token could end the year at the price of $0.410633 , which would represent an increase of a strong 204.85% compared to its current values. Picks for you Binance Academy and BNB Chain introduce innovative

Artificial intelligence (AI) tools have been proven useful for tasks that require gathering and consolidating data, despite being fallible. Finbold then turned to three advanced AIs and asked them to build the ideal crypto portfolio for 2024. For that, we used OpenAI’s ChatGPT-4 Turbo, Antrhopic’s Claude 3 Opus, and xAI’s Grok. Additionally, we asked them to illustrate the portfolio allocations considering a $10,000 initial investment. Interestingly, there are notable similarities in the three proposed crypto portfolios among some differences in the picks and correspondent weights. Picks for you Robert Kiyosaki blasts BTC skeptic Peter Schiff for knowing ‘a lot about a little’ 17 hours ago Finance legend Ray Dalio advises for 3 stages of life 19 hours ago Claude Opus AI predicts SHIB price for the end of 2024 19 hours ago Buy signal for 2 strong cryptocurrencies in April 21 hours ago Notably, all three have Bitcoin (BTC) and Ethereum (ETH)