Features Crypto News by Thebittimes.Com

A widely followed crypto analyst says that one Dogecoin (DOGE) competitor may be on the verge of an explosive breakout. In a new strategy session, pseudonymous crypto trader Bluntz tells his 325,400 followers on the social media platform X that the dog-themed meme asset Floki (FLOKI) is printing a bullish triangle pattern. Bluntz is a practitioner of Elliott Wave theory, which aims to predict price movements in series of waves that are based on crowd psychology. He says that Floki may have completed an ABCDE triangle, foreshadowing a strong rally once the pattern is complete. “Five days of sideways for Floki here. I reckon next leg up is pretty close now that its had time to chill for a bit.” Source: Bluntz/X Looking at his chart, the analyst suggests that Floki may eventually hit a price target of more than $0.0001600. Floki is trading for $0.0001412 at time of writing, down marginally on the day. Next up, the analyst says that Bitcoin (BTC) may p...

Cathie Wood’s ARK Invest has invested $175 million in Ethereum treasury firm Bitmine Immersion Technologies while trimming stakes in Coinbase and Roblox. The investment in Bitmine, an Ethereum treasury company backed by Peter Thiel’s Founders Fund and FundStrat’s Tom Lee, was spread across three of ARK’s flagship ETFs: ARKK, ARKW, and ARKF. In total, the firm picked up 4.4 million shares, with the move coinciding with a 23% surge in ETH’s price over the past month. Following the altcoin leader’s strong performance, Eric Trump took a victory lap on X after telling his followers to buy ETH at the beginning of February.  https://t.co/MaEelzwY2m pic.twitter.com/YJUZ77qFKm — Eric Trump (@EricTrump) July 22, 2025 ARK Continues To Offload Coinbase Shares Meanwhile, ARK continued its steady reduction in Coinbase holdings, offloading 174,746 shares from ARKK, 27,663 from ARKW, and 16,577 from ARKF, according to a disclosure posted on X yest...

The Chinese Yuan is slowly moving on top of the currency radar. World politics has now started to support a diverse spectrum of currencies, including the yuan, which has now started to give stiff competition to the US dollar. The yuan’s usage in international domains has now started to spike, showcasing a rivalry that the US dollar may take a while to control and curb in the long run. Also Read: SCO Summit 2025: Digital Trading Platform To Be Launched To Bypass USD Chinese Yuan Is Replacing US Dollar in Africa, Asia Source: iStock A new report by Semfora outlines that the Chinese Yuan’s usage in Africa and Asia is spiking rapidly. The report stated that dollar-denominated loans in emerging nations have declined by 16% between the first quarter of 2022. This same decline has been noted in the year 2024, showing signs of gradual decay of the USD. Per Nikkei, Chinese banks have now started to dominate the lending domain in yuan-denominated loans. This trend has seen incredible popula...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

India reaffirmed on Thursday that they do not align with the BRICS de-dollarization agenda and will not ditch the US dollar for trade and cross-border transactions. The statement comes just a few days after the 17th summit in Brazil, where member nations discussed the future prospects. External Affairs Minister of India, Randhir Jaiswal, confirmed that BRICS member nations discussed settling trade payments in local currencies. However, he stated that there were no talks about the formation of a new BRICS common currency. “De-dollarization is not something which is on the agenda,” he said, assuring that India does not align with BRICS ideology. “Cross-border payments, yes. BRICS have talked about local currencies, but de-dollarization is not something that is there on the agenda,” he said. The remarks come after many developing countries are discussing advancing the de-dollarization initiative. Also Read: The Mighty BRICS Folds Under Pressure India Sides With the US o...

The US government has officially recognized three blockchains, including Bitcoin, Ethereum, and Cardano, as “mature blockchains.” This has led the world to witness a notable spike in the tokens related to these blockchains, followed by a visible heightened market activity as altcoins continue to perform well in the mainstream domain. That being said, Ethereum (ETH) in particular is showing signs of resurgence, which may help the token soar towards the ambitious $4000 mark. Will Ethereum reclaim its former glory before the currency cycle ends? Let’s find out. Also Read: Exclusive: Bitcoin to Reach $139,000, Ethereum $4,000 in a Few Weeks Bitcoin, Ethereum, and Cardano Labeled As Mature Blockchains By The US Image Source: Watcher Guru The recently introduced CLARITY Act has recognized three blockchains as “mature” chains, with the list including Bitcoin, Ethereum, and Cardano. These chains have been called mature based on decentralization and token distribution elements, inviting an...

HJT Crypto, the world's leading cloud mining company, today announced the launch of a 1-day XRP cloud mining contract, providing investors with flexible and efficient opportunities to increase the value of their XRP holdings. The product has received a warm response from the market. HJT Crypto, the global leader in cloud mining, today announced the launch of a 1-day XRP cloud mining contract, providing investors with flexible and efficient opportunities to accumulate XRP. The product has received a warm response from the market. In just one week, the number of XRP short-term investors on the platform surged by 350%, reflecting the strong market demand for low-threshold, high-liquidity cryptocurrency investment products. 1-Day XRP Mining Contract is the latest short-term cryptocurrency mining product launched by HJT Crypto following the great success of Bitcoin, Ethereum and Dogecoin cloud mining contracts. With ultra-low entry barriers, flexible terms and stable returns, this ...