China News Today TheBitTimes.com

After pop singer Charli XCX gave the United States Vice President and Democrat presidential candidate Kamala Harris a huge endorsement on social media by referencing her newly release album ‘brat,’ the ‘brat energy’ narrative has gained massive popularity, including in crypto currency community. Explaining the meaning behind the neon green ‘Brat’ concept, the singer said that it referred to “that girl who is a little messy and likes to party, and maybe says some dumb things sometimes, who feels herself but maybe also has a breakdown,” according to her TikTok video on July 1. kamala IS brat — Charli (@charli_xcx) July 22, 2024 As it happens, Charli XCX recently posted on X that “kamala IS brat,” suggesting that Harris fits the above description and giving her a major boost among youth, alongside pushing the concept of a ‘Brat Summer.’ In this context, Finbold has examined which crypto assets could profit from the hype. ...

In a new video titled “If I Had To 10X My Money, I’d Only Hold These 4 Alt coins !” aimed at shedding light on potential bull market leaders, renowned crypto analyst Miles Deutscher dissected the crypto landscape to pinpoint four alt coins that he believes could significantly outperform the market. His insights came in response to a query from his Discord channel about potential 5x to 10x gains during the current bull market. Deutscher believes that success in the crypto markets doesn’t necessarily come from holding a vast array of coins but rather from carefully selecting a few that have strong potential narratives. He articulated this during his presentation, stating, “You don’t need to own 30, 40, 50, 60 alt coins in order to get your desired returns. In fact, if you select the right coins and pick the right narratives, you could potentially succeed in this market with three, four, or five alt coins .” He also provided strategic insigh...

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...

NuggetRush’s mining game has attracted many users who have pushed the token from $0.010 to $0.015. Crypto Analyst Ali Charts foresees Polygon rising as high as $0.96. Ripple whales are currently on the move as they sent 126.7 million XRP. Analysts have picked Polygon , Ripple, and NuggetRush (NUGX) as their top DeFi coins for gains in January.  Meanwhile, NuggetRush is a new project compared to Polygon and Ripple. Still, the DeFi community is showing interest in its presale. Let’s explore this project. NuggetRush (NUGX): a mining adventure game NuggetRush (NUGX) is a fun mining adventure game for players of all ability levels. Participants in this game face a difficult battle as they attempt to develop flourishing mining firms. NuggetRush introduces professional entrepreneurs and artisanal miners in the form of NFTs. These characters are key to building successful mining operations. Players in NuggetRush can earn rewards in a va...

Monero (XMR) recently suffered losses, facing rumors and factual news regarding its delisting from Binance and OKX, respectively. Other privacy coins may face a similar fate, together with some high-volatility and risky cryptocurrencies, according to Binance. In a recent announcement, the leading exchange by market volume listed 12 cryptocurrencies under watch. These assets will hold special tags limiting their trading for an exclusive selection of traders. In particular, Binance threatens to delist 10 of the 12 under its ‘Monitoring Tag.’ The well-known privacy coins Monero, Zcash (ZEC), and Firo (FIRO) are featured in the list.  Moreover, Aragon (ANT), Keep3rV1 (KP3R), Mdex (MDX), MobileCoin (MOB), Reef (REEF), Vai (VAI), and Horizen (ZEN) are also mentioned. Together with GMX (GMX) and SushiSwap (SUSHI) under the ‘Seed Tag,’ due to “higher volatility and risks,” the announcement stated. What are Binance’s ‘monitoring’ and ‘seed’ tags? Cryptocurrency Monero (X...

Federal Reserve Chairman Jerome Powell reiterated the need of robust central-bank oversight in the ongoing development of stablecoin regulations by the House Financial Services Committee. Powell further disclosed that the Federal Re serve ’s staff has been actively engaged in discussions with lawmakers from both sides of the aisle regarding the cryptocurrency legislation currently under consideration by committee members. Two crypto bills underway During a twice-yearly hearing on monetary policy, Federal Re serve chairman Jerome Powell expressed his perspective on payment stable coins , stating, “We do see payment stable coins as a form of money, and in all advanced economies, the ultimate source of credibility in money is the central bank.” Powell emphasized the necessity of a strong federal role in overseeing stable coins , indicating that he believes it would be appropriate to establish robust federal oversight in this domain. During the hearing, chairman ...

Join Our Telegram channel to stay up to date on breaking news coverage Meme coins experienced a high level of traction this year since April 2023. Many recently launched token blew up and reached their all-time highs shortly after being live on the trading charts. A recent addition to the meme coin community- Pepe, closely followed Dogecoin and Shiba Inu and aimed to leverage the public support already gained by its successful predecessors. However, the upward trajectory of these meme coins was short-lived, and they underwent massive price correction Memecoin Price Analysis Dogecoin Dogecoin was initially created in 2013 as an alternative to Bitcoin. It was considered a token which was fun and low stake. Without any major utilities attached to it, the crypto world did not consider it as a cryptocurrency with serious potential. However, a tweet from Elon Musk created a buzz about Dogecoin in 2021 which led to a tremendous hike in its value. As a result, Dogecoin reached ...

The crypto market noted a 4.49% rise in its aggregate capitalization over the past day. On Tuesday, April 11, the global crypto market cap stood at an elevated $1.24 trillion. Earlier during the day, Bitcoin went on to re-claim the $30,000 psychological benchmark. That led to a collective rally for the altcoins as well. Solana was one such crypto. At press time, it was the fifth largest daily gainer and was seen exchanging hands at $22.38. SOL went on to register a lofty 10.17% incline over the past 24 hours to reach the said level. Source: CMC Also Read: MicroStrategy’s Bitcoin Stake ‘in Profit’ Finally: Investors Add Ethereum, XRP A recent tweet from LunarCrush revealed that Solana went on to grab the first rank out of the 4,344 coins it tracks across the market. The AltRank is basically a metric that gauges the relative combined social and market activity of an asset. Specifically, in trading volume wise Solana ranked 11th, while based on the social volume and social...

Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins. The death spiral of the Terra (LUNA) and TerraUSD (UST) ecosystem served as a catalyst to the 2022 bear market — causing losses in the millions, damaging investor sentiment and intensifying the regulatory spotlight over cryptocurrencies. However, the recent depegging of Circle’s USD Coin (USDC) led Binance CEO Changpeng ‘CZ’ Zhao to believe that traditional banks are a risk to stable coins that are usually pegged 1:1 with fiat currencies, like the US dollar. On March 11, Circle disclosed that Silicon Valley Bank (SVB) did not process its $3.3 billion withdrawal request. The crypto market responded to the revelation by selling off their USDC holdings, causing the US dollar-backed stablecoin to lose its peg. Given SVB’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins. Banks are a risk to fiat-back...

Adobe Stock / Andrea Izzotti Despite macroeconomic factors and FTX contagion fears, the crypto market has remained relatively unperturbed lately, with bitcoin confined in a tight range of $16k to $18k. But even as the market continues this consolidation phase, whales are stockpiling certain coins in preparation for the next bull run. "Calm waters do not last long in bitcoin, so be prepared for a sharp move here shortly," a recent report from Blockware noted. Whether the next market move is up or down depends largely on macroecnomic factors, but as the whales know, it's important to prepare for either eventuality by investing in promising projects at a discount before they hit the market and using sound risk management with assets already on the market. Here are a few coins with strong fundamentals that crypto whales seem to be accumulating in the lead up to 2023 based on the rapid rate of investment in their presales: FGHT, D2T, CCHG, RIA, and TARO. ...