China News Today TheBitTimes.com

Meme coins have become a magnet for investors seeking explosive gains. Their whimsical nature and viral popularity often translate to high price volatility, especially after major Bitcoin events like the halving. This trend suggests that meme coins could be poised for significant price swings in the coming months. Here are five meme coins that investors should consider exploring and potentially investing in. cat in a dogs world (MEW) cat in a dogs world, denoted by the ticker symbol MEW, has emerged prominently in the current bull market with a market capitalization of $320 million. This marks a significant entry into the market, suggesting potential for growth up to a billion-dollar market cap. Given the trajectory and the current enthusiasm in the market, a tenfold increase in value by the end of this bull run seems plausible. This project, which I find particularly promising, boasts impressive graphics that rank among my favorite Features . The thematic focus suggests a shift ...

Crypto traders have lost over $100 million in the last four hours of this writing amid leverage position liquidations. The cryptocurrency market crashed by nearly $100 billion in capitalization since April 29’s opening, triggering these liquidations. Following a high-volatility event, crypto traders registered $101.39 million in losses in a 4-hour time frame. In particular, $96.62 million were from long-position liquidations, drastically punishing the bulls as cryptocurrencies trembled. Finbold retrieved this data from CoinGlass on April 30 at 13:00 UTC. Notably, Ethereum (ETH) led the losses with $28.47 million worth of collateral compulsively sold in exchanges, while Bitcoin (BTC) has slightly less than $20 million in liquidations in the same 4-hour period. Picks for you Promising Ethereum tokens to invest in May 2024 26 mins ago Cardano price prediction after whale activity explodes 44 mins ago Professional trader warns of ‘catastrophic’ market cras...

Cardano’s price is at $0.45 after a bearish flip this past month.  Santiment analysts say ADA could see a potential bullish flip as whale activity spikes. KangaMoon (KANG) is a new crypto project attracting a lot of attention in its presale.  Cardano (ADA) has dipped below a key level and could face new downside pressure as Bitcoin struggles to reclaim $64k. However, on-chain data shows a spike in whale activity to suggest a potential reversal. This article looks at the price prediction for Cardano, and what the broader market outlook means for KangaMoon (KANG). What is KangaMoon? KangaMoon is a new cryptocurrency that combines meme coin culture with the emerging SocialFi and GameFi elements of the crypto market. The project’s strong pull is down to the rapid growth of the meme coin sector and the utility and appeal of play-to-earn (P2E) gaming. KangaMoon’s native token offers access to these components of the market, with early...

Ethena’s (ENA) price could surge to $3.91 by the end of 2024, according to some analysts. Some experts believe Avalanche’s (AVAX) price could hit $117.09 by May 25. Jupiter’s (JUP) price could reach $3.39 by May 23. With the recent broader market surge, four coins – Ethena (ENA), Avalanche (AVAX), Jupiter (JUP), and Milei Moneda ($MEDA) – are showing promising signs of a potential rally . Factors such as expanding usage, strategic partnerships, and growing investor interest contribute to these coins’ positive outlook. Let’s explore why these four possible top altcoins for 2024. Ethena (ENA) price rally on crucial integrations Since its launch in April, Ethena (ENA) has experienced a remarkable surge in value, with the price of its native token, ENA, increasing by over 20%. However, despite ENA’s price dropping by more than 18% in the past seven days due to a downturn in the overall market, the long-term outl...

Lido DAO price is up 2% on the day, trading around $2.13. Rocket Pool ETH and Rocket Pool (RPL) were down 4% and 5% respectively at the time of writing. Bitbot price in stage 12 of presale is $0.0171, and will reach $0.020 in the final stage. Lido DAO (LDO) and Rocket Pool ETH (R ETH ) were notable gainers over the weekend. LDO continues to hold onto some of the gains as R ETH and Rocket Pool’s RPL slip. But what’s the price prediction for LDO and RPL as investors take a bullish outlook on new crypto project Bitbot (BITBOT)? Lido DAO and Rocket Pool ETH led weekend gainers As analysts at market intelligence platform Santiment noted early Monday, Lido Dao and Rocket Pool ETH topped the list of gainers in the staking sector. Of 17 assets Santiment tracks, R ETH market cap increased 5.9%, while LDO jumped 5.2%. The broader sector’s market cap gained by 5%. 💧 #LiquidStaking assets have benefited from a nice mini run this weekend....

1. Hong Kong Bitcoin and Ethereum Spot ETF to Launch on April 30 link On April 27, the Hong Kong Stock Exchange announced the inclusion of several ETF shares into the Central Clearing and Settlement System for multiple counter-party eligible securities. This includes HashKey Bitcoin ETF shares and HashKey Ethereum ETF shares from Bosera, as well as Bitcoin ETF shares and Ethereum ETF shares from ChinaAMC, and Bitcoin Spot ETF shares and Ethereum Spot ETF shares from Harvest. The ChinaAMC Bitcoin ETF and Ethereum ETF are scheduled for issuance on April 29, 2024, and expected to be listed on the Hong Kong Stock Exchange on April 30, 2024. Similarly, the Harvest Bitcoin Spot ETF and Ethereum Spot ETF are set to be listed on the exchange by the end of April. Additionally, the Bitcoin and Ethereum Spot ETFs from Bosera Fund (International) in collaboration with HashKey Capital were approved by the Securities and Futures Commission (SFC) of Hong Kong on April 24. 2. Russian Duma Lawmakers Co...

A closely followed crypto strategist is predicting an explosive rally later this year for one Ethereum (ETH) competitor. Pseudonymous analyst Altcoin Sherpa tells his 215,500 followers on the social media platform X that Solana (SOL) could soar 267% from its current value. “SOL: averaging into SOL is never a bad idea in my opinion. I think this goes to $500+ later this year. Anywhere from $130-$110 would be a gift (not quite expecting that yet).” Source: Altcoin Sherpa/X Looking at the trader’s chart, the key Fibonacci levels he is watching closely for a possible retest are $138 and $116. Solana is trading for $136 at time of writing, down 5.54% in the last 24 hours. Next up, the trader predicts that two artificial intelligence (AI)-related projects, Fetch.ai (FET) and Render (RNDR), could retrace to lower Fibonacci levels in the near term before going on big rallies. “Probably going to be some good AI coin deals here in the coming weeks/months if ...

UK police now have powers to seize, freeze or destroy criminal crypto holdings. It follows new legislation that comes into effect today, April 26, 2024. Reforms to help UK’s national security, said Home Secretary James Cleverly. Law enforcement officials in the United Kingdom can now seize , freeze or destroy crypto assets deemed to be illicit without having to first make any arrest . This is after the UK government updated legislation around proceeds of crime and terror to authorise police and the National Crime Agency (NCA) to investigate and seize any cryptocurrency linked to criminal activity. A press release the UK Home Office published on Friday notes that the new rules come into effect on April 26, 2024. Targeted are drug dealers, fraudsters and terrorists among other organised criminals. With the new powers, police have the authority not just to seize crypto, but can transfer seized assets to electronic wallets or destroy them if their retur...

Solana (SOL) is witnessing a “dramatic increase in allocations” from wealth managers and hedge funds, who are also broadening their exposure to altcoins, Coinshares said. “Investors are more optimistic for Solana ,” CoinShares’ head of research James Butterfill wrote in an Apr. 24 report . The findings were based on a survey of 64 investors, with a collective $600 billion in assets under management. Investors Favor Solana Over Ethereum Market leaders Ethereum (ETH) and Bitcoin (BTC) are still the favorites, the survey showed. Following the approval of spot Bitcoin ETFs (exchange-traded funds) in the U.S., 41% of the investors who took part believe that BTC has the “most compelling growth outlook.” Ethereum took the second spot, but “investor appetite has waned since January,” Butterfill said. Investors have a more positive outlook for Ethereum’s competitor, Solana, he added. Nearly 15% of the surveyed investors revealed ...

Chief economist and Bitcoin critic, Peter Schiff has issued a somber prediction regarding the world’s largest cryptocurrency, Bitcoin. The financial expert has cautioned investors of the potential repercussions should BTC drop below critical resistance levels. Economist Predicts Bitcoin Price Decline In a recent X (formerly Twitter) post, Schiff shared a price chart of Bitcoin against the United States Dollar (USD), pinpointing Bitcoin’s price at the time of the post at $63,814, alongside key support levels around $60,000 . The economist has argued that Bitcoin’s current price position was not conducive for HODLers .  Related Reading: Brace For Impact: Worldcoin Team Plans To Sell 1.5 Million WLD Tokens Every Week For 6 Months Emphasizing the importance of BTC maintaining a stronghold above $60,000, Schiff urged investors to proceed with caution and hope that the cryptocurrency successfully sustains support levels. He also predicted that if Bitcoin fa...

For all of the triumphs of 2024, Bitcoin (BTC) has lately been struggling to maintain any sort of positive momentum.  Indeed, after tapping a new all-time high (ATH) at $73,000 in March, the world’s premier cryptocurrency has experienced a notable correction which – at the height of the Israel-Iran war scare – even saw if fall below $60,000. While the situation has somewhat stabilized since, and BTC managed several days of positive – if highly volatile – trading it is not only trading in the red again, but technical Analysis (TA) reveals that an even greater pullback may be imminent . Picks for you Gold frenzy sweeps China as trading volume skyrockets 400% 41 mins ago AI predicts BONK price for May 1, 2024 1 hour ago US economist warns Bitcoin ETF ‘newbies’ about a ‘rude awakening’ 2 hours ago AI tool takes Bitcoin payments to access ChatGPT-4 and Claude Opus 16 hours ago Analysis -reveals-likely-crash-for-bitcoin">...

Polygon ( MATIC ), a popular Layer-2 scaling solution for Ethereum, has been underperforming massively in the cryptocurrency market, according to a recent tweet by prominent crypto analyst Michaël van de Poppe. The analyst described the MATIC chart as “absolutely disgraceful” and suggested that there might be better investment opportunities available in the market. Request 02 – $MATIC Absolutely disgraceful chart on $MATIC. Underperforming massively. Might be interested if it drops another 30% to see whether it rotates from there, but I would suggest there are better opportunities out there. pic.twitter.com/5fRmRj1aOC — Michaël van de Poppe (@CryptoMichNL) April 23, 2024 Van de Poppe stated that he might consider investing in MATIC if it drops another 30%, as this could potentially indicate a price rotation. However, the question remains: Can MATIC hit the $1 mark by the end of April? Also read: Cryptocurrency: Top 3 AI Coins to Watch For Double Di...

Despite a 9% rise in the past week, Ripple XRP has conversely suffered in trading volume, with its TV declining by over $900 Million in 10 days. The cryptocurrency is up over $0.50, but investors still appear concerned about the asset’s future, refusing to process any transactions. The global crypto market crash on April 11 sent XRP prices spiraling to an 11-month low of $0.42. However, the coin has since seen a remarkable rebound. The recent surge follows the Bitcoin halving event, which raised speculation that XRP and other assets would rise tenfold. While this surge hasn’t happened yet, XRP is still performing relatively well. However, market data suggests the upward trend has not been accompanied by a commensurate increase in market liquidity, allaying fears of an imminent bearish reversal. Data from Santiment suggests XRP investors haven’t been as active in the past 10 days. Thus, trading volume has been in decline, with just $550 million worth of XRP...

The cryptocurrency industry is ever buzzing with speculation. This time, the focus is on Dogecoin (DOGE), the OG meme cryptocurrency . While its roots trace back to a lighthearted internet meme, DOGE has managed to capture the attention of several across the globe. Now, in a protracted crypto bull market situation, the most asked question around the asset has yet again surfaced: Will Dogecoin break the elusive $1 mark by the end of April 2024? The latest surge in Bitcoin (BTC) began back in October 2023. It has not only pushed established cryptocurrencies it has also ignited momentum in both new and old meme coins. Currently, DOGE is valued at $0.1591 after experiencing a marginal 1% daily decline. While some experts remain optimistic about DOGE’s outlook for its near future, a few others predict a bearish trend towards the end of the month. Changelly revealed that Dogecoin will encounter a potential decline of 2% from its current price and drop to $0.156570. Source Also R...