Altcoin News Daily Official TheBitTimes.com

As May 2024 unfolds, the crypto currency market continues to feel the ripple effects of the  Bitcoin (BTC) halving event from April, traditionally a bullish catalyst for both Bitcoin and the broader crypto currency landscape. This ongoing bullish sentiment is particularly beneficial for several cryptocurrencies approaching significant market cap milestones, including the notable $10 billion mark. Finbold has identified two cryptocurrencies that are likely to surpass this threshold. These predictions hinge not only on the continuation of the bull run but also on the potential benefits of high supply inflation, which could lead to an increased market cap even if price movements remain minimal. Picks for you Capitulation incoming? Bitcoin miners' revenue drops to a 6-month low 26 mins ago Gold vs. Bitcoin: Expert predicts May prices for top assets 1 hour ago Tokenized real-world assets nears $8 billion in value as demand grows 2 hours ago Why you can...

Stripe, a global payment processing giant with annual revenues exceeding $15 billion, has announced plans to reintegrate cryptocurrency into its payment options.  This strategic shift comes six years after the company ceased all cryptocurrency transactions, citing the volatility and inefficiencies of Bitcoin (BTC). Stripe plans to relaunch its crypto payment services later this summer, initially supporting Circle’s USDC stablecoin, signaling a renewed confidence in digital currencies. Picks for you Solana trader turns $49,000 into $2 million in 5 hours 2 hours ago 2 crypto currencies to reach $100 billion market cap in May 2 hours ago ‘Final warning’ as Bitcoin faces imminent devastating capitulation 3 hours ago Popular Bitcoin wallet bans United States citizens from its service 4 hours ago John Collison, co-founder and president of Stripe, shared the company’s vision for a revitalized approach to crypto payment s at the Global In...

Bitcoin (BTC) is currently undergoing a sell-off, marking the first time since December 2023 that the flagship cryptocurrency has dropped below the $40,000 support zone. This selling pressure aligns with a phase where Bitcoin whale s are actively dumping a significant portion of their holdings. Notably, data from cryptocurrency analyst Ali Martinez revealed that as of January 23, Bitcoin whale s had unloaded nearly 70,000 BTC, almost $3 billion , within the past two weeks. Bitcoin whales selling activity. Source: Ali Martinez It’s worth noting that the recent activity of the whale s has unfolded against the backdrop of the approval of the spot Bitcoin exchange-traded fund (ETF), deemed a bullish catalyst for the cryptocurrency. The product has recorded significant outflows with Grayscale Bitcoin Trust (GBTC) accounting for the highest share.  At the same time, the selling pressure could be interpreted in various ways, such as whale s taking some of their profits followin...