Features Crypto News by Thebittimes.Com

BTC Bull Token ($BTCBULL) has surged past $2.5M in presale as Standard Chartered says Bitcoin can still hit $500k before Donald Trump’s term in the White House ends. While Bitcoin ($BTC) has mostly traded below six figures since February 4, analyst Geoff Kendrick’s projection suggests that Bitcoin could see new all-time highs (ATHs) in the coming years, possibly even surpassing its $109,000 ATH this year. If $BTC continues to break through price milestones, holders of $BTCBULL are set to receive passive Bitcoin rewards as though they were running mining farms themselves. This is because the token’s core utility is designed to reward holders with actual bitcoins every time it breaks new price levels. However, this benefit is heavily tilted toward early adopters who have contributed to the project’s capital-raising efforts.  Currently, these investors are purchasing $BTCBULL at a price of $0.002375 per token in the current s...

The Bitcoin price tumbled 1.4% in the last 24 hours to trade at $97,384.34 as of 5:21 a.m. EST as some investors reduce their exposure to the leading crypto. This slight drop in the BTC price came as a filing showed fund management titan BlackRock had increased its stake in Michael Saylor’s Strategy, which rebranded its name from MicroStrategy yesterday, to 5% from 4.09% previously. The purchase further increased the giant fund manager’s exposure to Bitcoin-linked assets. Strategy is the biggest corporate holder of Bitcoin. Bitcoin Price Escapes From A Negative Channel 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price was able to break out of a short-term descending channel in the last 24 hours, and is now oscillating between $95,703.66 and $98,063.55. Should traders identify BTC’s current price as a buy opportunity, the leading crypto might end up flipping the $98,063.55 resistance level into support. Thereafter, it could rise to $101,461.81. ...

The Bitcoin price plunged over 6% in the last 24 hours to trade at $93,632.92 as of 10:00 p.m. EST as investors offload their holdings in the crypto on the market. The drop in the BTC price comes after US President Donald Trump signed an executive order imposing 25% tariffs on imports from Mexico and Canada, and a 10% duty on China, which will come into effect on Tuesday. Bitcoin Price Clinging To Support 4-hour chart for BTC/USDT (Source: TradingView) The Bitcoin price plunged below the $98,063.55 support in the last 24 hours and is now resting on the next crucial support at $93,904.24. BTC already broke below this technical mark in the last couple of hours, but buyers are trying to defend the level. Should bears overpower bulls in the coming 12 hours, the Bitcoin price could end up falling to as low as $89,135.77. On the other hand, BTC closing the next 2 4-hour candles above $93,904.24 might lead to a rebound. In this alternative scenario, the Bitcoin price could end up tryi...

The Bitcoin price jumped over 2% in the last 24 hours to trade at $94,204 as of 02:13 a.m. EST on trading volume that skyrocketed 163% to $72 billion. The crypto market recovered after its latest correction, which saw Bitcoin (BTC) drop below $90K in the last 24 hours. During this correction, BTC plunged to a 2-month low to $89,260.10, but has since bounced back. This pullback comes as JPMorgan Chase CEO, Jamie Dimon, continues to criticize Bitcoin. According to Dimon, Bitcoin itself has no intrinsic value.  In an interview with CBS News on Sunday, Dimon said, “It’s used heavily by sex traffickers, by money launderers, ransomware. So, I just don’t feel great about Bitcoin.” Jamie Dimon, CEO of America’s largest bank says: "You're going to have some kind of digital currency at one point. So I'm not against crypto. You know, Bitcoin itself has no intrinsic value. It's used heavily by sex traffickers, money launderers, ransomware." "So I just don't...

The Vana price dropped 4% in the last 24 hours to trade at $22.93 as of 11:14 p.m. EST on trading volume that skyrocketed to $2.8 billion. Vana Price On A Sustained Bearish Trend The Vana price experienced a sharp upward spike earlier, reaching a peak near $46 before collapsing. After the sharp decline, the price formed a rounded bottom pattern, recovering to $36. However, the upward momentum failed, and the price fell steeply again, currently trading at $22.93. The steep decline has brought the Vana price well below the 50-day SMA ($29.77), signaling a strong bearish sentiment. The price of Vana is now consolidating near the $22.00–$23.00 range, where short-term support may form, according to data from GeckoTerminal .  Meanwhile, the Relative Strength Index (RSI) is currently at 26.32, deep in the oversold territory (below 30). This suggests that the asset is highly oversold, and a short-term bounce or relief rally could occur as buyers step in. If selling pressure pers...

Best Wallet ($BEST) has become a magnet for investors in the first two weeks of its presale, surpassing $3.2 million in early funding and solidifying its position as a top Web3 wallet. Recent data shows that over 400 million wallet addresses now hold a crypto balance, likely driven by the current bull market. Crypto users are realizing that to maintain or expand their wealth, they need a wallet packed with Features designed for today’s fast-moving market. That’s why the Best Wallet presale is making a strong case for being one of the top token presales of 2024, with a funding run rate exceeding $145,000 per day.  This is due to the wallet’s cutting-edge Features , including an industry-first new project screener, ultra-low-cost transactions, a high-yield staking protocol finder, and much more – all designed to maximize an investor’s portfolio growth. But Best Wallet is more than just a crypto wallet – it’s a...

The Cardano price has tumbled 3% in the last 24 hours to trade at $1.16 as of 11:23 a.m. EST on a 25% pump in trading volume to $1.9 billion. This comes after Cardano Foundation’s X account was compromised on December 8 by a threat actor promoting a fake “ADAsol” token and claiming that the foundation would halt support for Cardano’s ADA due to a lawsuit from the US Securities and Exchange Commision (SEC). Cardano Foundation X account has been hacked. There is no SEC lawsuit and $ADA will not be shut down or burned. Please stop liking and retweeting those tweets. pic.twitter.com/2QawLbYG7Y — Sssebi🦁 (@Av_Sebastian) December 8, 2024 The ADAsol token generated approximately $500K in trading volume and rapidly crashed by 99%, after which Cardano founder Charles Hoskinson confirmed the hack in social media posts. Cardano Price Could Still Soar From Here The ADA/USD chart displays a strong uptrend, particularly noticeable in the steep rally beg...