China News Daily Official TheBitTimes.com

In spite of Bitcoin (BTC) and Ethereum (ETH) surrendering $44.8 billion and $8.9 billion of their market capitalization over the past 24 hours, through September 28, Aksel Kibar, a former fund manager, has cautioned against these cryptocurrencies falling below and hovering near their May 2026 peak. Kibar affirmed that Bitcoin and Ethereum need to move quickly away from current levels to continue their recent bull market.  “If these are short pullbacks to broken resistance levels, price needs to quickly move away from current levels, resulting in strong weekly closes,” Kibar documented on September 27. He marked a major weekly support level at approximately $82,800 for Bitcoin.  Furthermore, this chartist emphasized that this liquidity zone was previously a strong resistance level since BTC capitulated to $60,000 in February, early this year.  BTC/USD daily chart. Source: TradingView Comparably, Kibar argued that Ethereum’s price has broken...

Justin Sun recently announced that his new “Justin Sun Prize” would begin in earnest, with $1 million being offered for those who can solve 66 mathematical problems and verify their proof. The only problem? Sun hasn’t shown any evidence that there’s $66 million in funding for those who are able to solve the problems. Comparisons to Nobel ring true Sun took to X to announce the competition and immediately compared it to the Nobel Prize, acknowledging that Nobel created the prize after he was labeled “The Merchant of Death” and he became terrified for his legacy. Sun neglected to state why he may feel similarly about his own reputation, but he’s recently been embroiled in a bitter break-up and surrogacy drama with Chinese actress Jing Tian, that has seen Mainlanders resolutely siding with Jing. Justin Sun’s egg story keeps getting worse Read more: Justin Sun has ruined his reputation in China However, Sun’s woes don’t stop with the hatred that Ch...

The XRP Ledger (XRPL) has processed a record 3,254 transactions in a single block, setting a new record as XRP price climbed almost 4% amid developments surrounding the network. Most transactions consisted of tiny XRP payments, which do not constitute a heavy load on the network, according to a report posted on X by XRPL validator Vet on September 14. Although the sender’s identity and purpose remain unconfirmed, Vet suggested that the activity may have served as a throughput test. “3254 transactions in a single block a few hours ago on the XRP Ledger. New record. Good opportunity to review an interesting characteristic of the XRP Ledger vs Bitcoin… I don’t know why this person is doing these transactions but looks like throughput testing probably,” Vet wrote. 3254 transactions in a single block a few hours ago on the XRP Ledger. New record. Good opportunity to review an interesting characteristic of the XRP Ledger vs Bitcoin. Our blocks are dynamic in siz...

McDonald’s India’s X account has deleted posts from an alleged intern who claims they weren’t paid for months, and that memecoin trading left them starving. The first post, uploaded on Sunday, claimed that the writer, an intern, manages several Asian McDonald’s accounts. They claimed that their boss, “Amit Joshi,” hasn’t paid them since December 2025, leaving them no choice but to take on two extra jobs in customer support and delivery. On top of this, the “intern” described themselves as an unsuccessful memecoin trader. They claimed, “I literally starve every day because I lose all my money on them.” Screenshots of the now-deleted McDonald’s India posts. Read more: Bitcoin doesn’t need the McRib to rally The last post in the thread claimed McDonald’s owed them ₹60,000 ($650) and that they’re hoping to achieve community support.  It appears no memecoin has been linked to the posts, so it’s unlikely that the account was hacked as...