Features Crypto News by Thebittimes.Com

TLDR Experts are optimistic that Polygon (MATIC) can grow in price by 55% in 2024. Investors flock to the last presale stage of Rebel Satoshi ($RBLZ) as FOMO soars. $RBLZ has brought stunning gain prospects for investors. Over the past week, Polygon (MATIC) has sent shockwaves in the crypto landscape with a stunning price pump. Meanwhile, the presale frenzy has skyrocketed as Rebel Satoshi ($RBLZ) prepares for its DEX launch. Let’s discuss the latest developments around MATIC and $RBLZ to find the best crypto investment opportunity! Polygon Partners With Arianee for Dedicated Chain Development On February 22, 2024, Polygon announced its partnership with Arianee. Arianee is set to launch a dedicated chain utilizing the Polygon Chain Development Kit (CDK) to disclose the full potential of DPPs and engagement tokens at scale. This dedicated Layer-2 (L2) application-specific chain, powered by zero-knowledge (ZK) technology, aims to empower renowned brands

Bitcoin surged to $64,000 on Wednesday as Ethereum climbed above $3,400. CoinGlass data shows investors have injected $9.87 billion into the ETFs and other BTC exchange-traded products. Many believe Bitcoin is benefitting from significant capital inflow into ETF products. Bitcoin surged to $64,000 on Wednesday, and Ethereum climbed above $3,400 amid increasing bullish sentiments. According to CoinGlass data, yesterday’s rally pushed Bitcoin’s monthly returns for February to 47.28%, marking the highest February gain since 2014. #Bitcoin Monthly returns(%) Best February since 2014 with +47.28% gain. https://t.co/X5PsVkpePm pic.twitter.com/Tlx2PjfDVN — CoinGlass (@coinglass_com) February 29, 2024 According to data from CoinMarketCap, the total crypto market cap was $2.32 trillion at the time of writing, growing by 5.09% in the last 24 hours. Based on current valuation, Bitcoin and Ethereum account for over $1.6 trillion, reflecting nearly 70% of the glob

This week, the digital asset market has seen assets like Bitcoin (BTC) and Ethereum (ETH) surge. As the former continues ascending toward its all-time high, could other digital assets be quick to follow? One of the most optimistic assets, Ripple could be poised for a big rally, leading us to observe when XRP could breach the $1 level Ripple has had a rather underwhelming start to 2024 thus far. However, many are optimistic that the asset can return to an upward trajectory in the coming months. Subsequently, could the table be set for XRP’s climb back to $1 for the first time since February 2018? Ripple to Benefit From Current Market Surge? Also Read: Ripple XRP: Can XRP Rally 80% and Reach $1 In March 2024? Heading into the new year, the digital asset market had high expectations. Bitcoin was poised to lead the way, as the US Securities and Exchange Commission (SEC) was set to approve 11 Spot Bitcoin ETFs for the very first time. Subsequently, the rising tide was bet on to

Coinsbit failed to list LMF tokens after reportedly taking listing fees. Akash Network’s founder reported being harassed by Coinsbit for listing fees. Coinsbit receives backlash for blocking users’ access to funds, sparking community concern. The European crypto exchange Coinsbit has come under fire in the crypto community amid its concerning practices, including blocking users from accessing their crypto funds. Greg Osuri, the founder of Akash Network, renewed the conversation around Coinsbit by highlighting his recent encounter with a representative from the exchange. Osuri shared a snapshot of their conversation, in which Coinsbit offered to list AKT tokens for a fee.  Is it really a bull market until third-grade exchanges start harassing devs for listing fees? GM @c0insbit pic.twitter.com/38RDKIyaXL — Greg Osuri ⟁ d/acc (@gregosuri) February 27, 2024 However, the Akash Network founder believed the request was concerning as AKT had secured a lis

TLDR Bitcoin, Avalanche, and NuggetRush could be some of the most compelling investments right now. NuggetRush stands out as a blend of memes and utility. NuggetRush boasts massive room for growth as an emerging crypto, tipped for a 65x upswing post-launch. The crypto scene is buzzing with confidence and optimism. Bitcoin ( BTC ) hitting $57,000 and Ethereum (ETH) soaring past $3,000 sent the crypto community into a frenzy. Yet, retailers haven’t joined the party yet, making the market all the more bullish.  Given the lingering excitement around the recently concluded JUP and DYM airdrops , the cryptos to watch for explosive growth this year might be Bitcoin , Avalanche (AVAX), and NuggetRush . Buzzing with potential, some analysts forecast that these are the best cryptos to buy now . >> Buy NuggetRush Now << NuggetRush (NUGX): A Must-Have Crypto NuggetRush’s (NUGX) unique concept and staggering growth potential have captured investors’ inter

Dogecoin’s (DOGE) price experienced a remarkable rally, boasting double-digit percentage gains in the last 24 hours and flirting with $0.1. This resulted in over 70% of its holders enjoying profits. The cryptocurrency community is buzzing with excitement. Many investors, inspired by this surge, are now keenly exploring how to mine Dogecoin to capitalize on these gains. Notably, Dogecoin uses the same mining algorithm as Litecoin (LTC), called Scrypt. This allows for merged mining between the two leading cryptocurrencies. Essentially, merged mining works by providing proof-of-work to a specialized mining pool and receiving both DOGE and LTC as a reward according to the produced hashrate. Picked for you Sell signal for 2 overbought cryptocurrencies this week 2 hours ago Short squeeze alert for this week: Two cryptocurrencies with potential pump 3 hours ago New crypto opportunity at $0.44 for investors who missed AXS and ILV soar 5 hours ago 3 cryptocurrenci

Analyst has spotted a developing uptrend for Shiba Inu. According to the analyst, SHIB has broken a significant resistance. The analyst predicts a long-term rally for SHIB with an initial target of $0.000022. Shiba Inu trader, identified as SHIB KNIGHT on X, has spotted a developing uptrend for the meme coin. In a recent post, the trader and technical analyst showed SHIB is sitting on notable support after retracing from a significant pump. Judging from SHIB’s historical trends and current price behavior, the analyst identified the potential crucial price levels going into the future. According to SHIB KNIGHT, Shiba Inu’s projected targets to the upside include $0.00001050, $0.00001067, and $0.00001096. #Shiba Inu 2H Chart It is on 1021 support after a nice pump. ️Targets: 1050, 1067, 1096 ️Supports: 1021, 1013, 1002 pic.twitter.com/o2pdpY8f3y — $SHIB KNIGHT (@army_shiba) February 27, 2024 For a retracing market, SHIB KNIGHT expects Shiba Inu to fin

Lindy Shirries has highlighted the Bitcoin Minetrix as a potential alternative, as cryptocurrency enthusiasts are constantly searching for new and efficient ways to mine Bitcoin. This pursuit stems from a desire to avoid the high costs and environmental impact often associated with traditional mining, particularly due to the challenges posed by centralized mining companies. Bitcoin mining made accessible as Bitcoin Minetrix offers a decentralized alternative Bitcoin, recognized as the trailblazing decentralized digital currency, maintains a prominent position in the cryptocurrency market. Its widespread acceptance, convertibility to fiat currency, and adoption by banks and businesses contribute to its allure as an attractive asset. The notable historical growth of Bitcoin, surging from a value of $0.30 in 2010 to its current position at $56k, underscores its potential for future gains. However, traditional Bitcoin mining poses challenges, requiring expensive hardware and significa

The SHIB Army is urging Grayscale to launch the SHIB ETF. The Shiba Inu community extends thanks to the project’s creator, Ryoshi. The Shiba Inu (SHIB) price has declined by 0.7% to $0.00000955. SHIB ARMY launched a campaign for Grayscale to launch a SHIB ETF. SHIB ARMY gathered 723 signatures in the campaign started on change.org. The goal was set at 1,000 signatures. Today, a total of 623 signatures have been collected. In its campaign, SHIB ARMY explained why a SHIB ETF should be launched under these 4 headings: “Market Demand Indicators, Enhancing Accessibility and Investment Exposure, Adherence to Regulatory Standards and Ensuring Security, and Leadership in the Market.” During these developments, Lucie, the social media marketing manager of the Shiba Inu project, shared a post on X, thanking Ryoshi, the creator of the Shiba Inu (SHIB) projects, and reminding the SHIB community of some fundamental values. The social media marketing manager

A crypto wallet associated with the team behind top decentralized exchange (DEX) Uniswap sold off some of its UNI holdings during the latest price rise, according to on-chain data. First reported by blockchain tracking firm Lookonchain, an address linked to Uniswap sold just over $1.03 million worth of UNI at $11.48. “A Uniswap Team/Investor/Advisor wallet sold 90,000 UNI for 1.03 million USDC at $11.48 after the price of UNI increased. The wallet received 5.44 million UNI ($62.46 million currently) and currently holds 926,000 UNI ($10.63 million).” UNI recently rallied by over 70% from its weekly low of $7.06 following a proposal by the team to alter Uniswap’s fee structure to reward those who have staked and delegated UNI. According to the team, the proposal is of utmost importance to the long-term success of the protocol. “Potential Impact: decentralized, resilient, and engaged governance is imperative to the long-term health and success of the protocol. We

Optimism network preps for the Ecotone upgrade on March 14. Ecotone integrates EIP-4844 “blobs” for cheaper, faster transactions. Optimism node operators need to update for a smooth transition. OP Labs has disclosed an imminent upgrade to revolutionize the Optimism (OP) network dubbed “Ecotone.” The team communicated this move in a recent post on X, noting this update is scheduled for deployment on March 14, pending Optimism Governance’s approval.  The blobs are coming. 4844 will be live on OP Chains w/ the Ecotone upgrade on Thurs., March 14 at 00:00:01UTC, provided the upgrade proposal is approved by @Optimism Governance. Node operators need to take steps to prepare for the upgrade. Details:https://t.co/LXEzVU8Prl — OP Labs (@OPLabsPBC) February 23, 2024 This development heralds a significant milestone for the OP network as Ecotone brings forth crucial improvements to enhance the scalability and efficiency of the layer-2 solution. At the heart of the Ecot

U.S. prosecutors demand Changpeng Zhao’s Canadian passport and all other travel documents.  They requested additional restrictive measures on the Binance founder. U.S. court has approved Binance’s $4.3 billion settlement agreement. The legal saga surrounding former Binance CEO Changpeng Zhao (CZ) takes a new turn as U.S. prosecutors push for more stringent travel restrictions ahead of his sentencing. The United States Attorney’s Office has requested a federal judge to impose additional measures on Zhao, who pleaded guilty to failing to maintain an effective Anti-Money Laundering program at Binance. In a recent filing dated Feb. 23, U.S. Attorney Tessa Gorman petitioned Magistrate Judge Brian Tsuchida to enforce specific conditions for CZ’s freedom on bail. The proposal includes mandating Zhao to remain within the United States until his sentencing hearing scheduled for April 30.  Furthermore, prosecutors demanded that he surrender his Canadian passp

The SingularityNET price skyrocketed more than 220% in the last month to trade at $0.8259 as of 8:55 a.m. EST as investors rapidly accumulate the AI crypto. Its surge comes amid positive recent developments in the booming AI industry with the latest boost coming from stellar earnings from AI chip maker Nvidia, which triggered double-digit gains for AI cryptos from AGIX to RNDR, AKT, TAO and FET. The SingularityNET Price Breaks Another Major Resistance Level 4-hour chart for AGIX/USDT (Source: TradingView ) The SingularityNET price has formed a short-term positive channel after it printed a series of higher highs and higher lows over the past few days. This positive momentum allowed the altcoin to break above the $0.76307 resistance level in the past couple of hours. Should it close a 4-hour candle above this threshold in the next 24 hours, it may keep rising in the coming days. On the other hand, a rejection from this barrier could put the SingularityNET price at risk of fallin

The cryptocurrency market is recovering from last year’s slump after Bitcoin climbed above the $51,000 mark in 2024. The US Securities and Exchange Commission (SEC) approved the Bitcoin ETF in mid-January causing the cryptocurrency market to rally. Bitcoin, Ethereum, and other leading altcoins touched new monthly highs as an influx of institutional investments entered the market. Read here to know a realistic price prediction on how high Bitcoin could trade this year in 2024. Also Read: Forbes Releases ‘Number of Billionaires’ According to Zodiac Signs Now that the cryptocurrency market remains in the green, we will highlight the top 3 coins to buy under $1 that can generate good returns. The returns could be considered for the medium-term and pull book profits while the numbers rise. Cryptocurrency: Top 3 Coins Under $1 Ripple (XRP) Source: Watcher Guru Ripple’s native cryptocurrency XRP is currently trading at $0.53 and the SEC vs Ripple lawsuit is rumored to come to

Assessing the current market conditions, the pursuit of XRP millionaire status requires a carefully devised strategy and timely execution. In the present market scenario, seizing the opportunity to acquire XRP today is seen as a potential avenue for significant gains. However, a pertinent question arises: what quantity of XRP is necessary to amass a million-dollar fortune? As per the latest market update, XRP is currently valued at $0.555. The coin also has a trading volume of $1.5 billion within the past 24 hours. For those aspiring to achieve a $1 million portfolio with Ripple priced at $2 per coin, the calculation is straightforward. Divide the desired target of $1,000,000 by the coin price of $2, resulting in the acquisition of 500,000 XRP. Also read: Circle To End USDC Stablecoin Support on TRON How much XRP do you need to become a millionaire if the price hits $2? To determine the current cost of this strategic investment, multiply the quantity of XRP (500,000) by the

The Bitcoin price rose 1.7% in the last 24 hours to trade at $51,751 as of 04:28 a.m. EST on trading volume that plunged 16% to $28 billion. This comes as FundStrat’s head of research, Tom Lee, believes the BTC price could hit $150,000 this year. According to Lee, the optimistic outlook for Bitcoin can be attributed to several factors. Firstly, the demand for Bitcoin is on the rise following the approval of spot Bitcoin ETFs earlier this year. Secondly, Lee anticipates a relaxation in monetary policies, aligning with widespread expectations. FundStrat head of research Tom Lee doubled down on his bullish outlook and said that $BTC could reach as high as $150,000 this year. What is your price prediction for #Bitcoin ? pic.twitter.com/CLxEUeAW5R — Conor Kenny (@conorfkenny) February 22, 2024 Additionally, he points to the upcoming halving event in April as a pivotal moment. This event is expected to reduce the supply of Bitcoin, which is likely to contribute to an increase in its