Altcoin News Daily Official TheBitTimes.com

Hedera (HBAR) climbed to $0.21 on October 28 after surging more than 16% in 24 hours, lifting its market cap from $7.6 billion to $8.84 billion and adding over $1 billion in a single day.  HBAR’s rally coincides with a landmark development for institutional adoption: Nasdaq has posted the official listing circular for the Canary HBAR ETF (Ticker: HBR), which begins trading today. The ETF will provide direct spot exposure to HBAR, with custody handled by BitGo and Coinbase Custody, and pricing powered by CoinDesk Indices. Notably, the product marks a watershed moment, opening the door for regulated inflows from traditional finance and signaling a new level of legitimacy for Hedera’s native token. AI predicts Hedera price for end of 2025 In parallel with the ETF launch, Finbold’s AI prediction agent, powered by models including Claude Sonnet 4 and GPT-4o, has issued a 60-day outlook for HBAR. The system projects an average price of $0.245, implying a potential g...

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 ...

Dogecoin (DOGE) is experiencing short-term weakness aligning with the broader market trend, but an analyst is projecting a 3,000% rally in the asset’s price. Based on historical price movements during past bull cycles, the Analysis suggests that DOGE could target a minimum valuation of about $8, according to pseudonymous analyst Trader Tardigrade in an X post on January 24.  Specifically, in prior bull cycles during 2017 and 2021, Dogecoin recorded gains of over 3,000% and 8,000%, respectively, after breaking above the previous candle body highs. Picks for you Here's when Bitcoin's bear market will start, according to expert 6 hours ago Orderly's (ORDER) one-month trading volume jumps by 157% ...

The long-awaited Uptober could have finally started as Bitcoin (BTC) and the cryptocurrency market break out of a seven-month downtrend. Indeed, 2024’s crypto bull market found a local top in March, downtrending since then until this point, indicating a reversal. Among the signals, there is an increased activity in meme coin trading with traders registering impressive gains, as Finbold reported. Also, benefiting from a current growing optimism, early investors have started to realize profit through strategic sales. These are common indicators of a first impulse wave after a period of accumulation that usually precedes a bull market. Moreover, liquidity is re-entering the market, giving space to impressive transactions like a recent $1.4 million BAYC NFT purchase. Picks for you Tesla moves $760 million in Bitcoin; Here's what you ...

Chainlink (LINK) has drawn attention due to its regular token unlock events. Despite a recent increase in circulating supply from the 18.75 million LINK tokens unlocked (worth $215 million), on-chain data suggests the possibility of a price rally. History shows that LINK has often seen upward momentum after unlocks, with seven out of the last eight events resulting in gains. LINK Key Statistics  Current Price: $11.3 Market Cap: $7.09 billion Trading Volume (24h): $216.51 million Circulating Supply: 626.85 million LINK Total Supply: 1 billion LINK CoinMarketCap Ranking: #14 Chainlink is currently trading 10.62% below its highest price in the last 30 days and 3.48% below its 7-day high. However, it has gained 21.28% from its monthly low and 9.78% from its 7-day low, reflecting an overall positive trend. LINK/USD Market Analysis  Key Levels  Resistance: $12, $14, $16 Support: $10, $9, $8 LINKUSD – Daily Chart The LINK/USD chart shows the price...

Although its recent price performance was lackluster, Render (RENDER), a decentralized graphics processing unit (GPU) platform and cryptocurrency dubbed the ‘Nvidia of crypto’ due to the similarities with blue-chip behemoth Nvidia (NASDAQ: NVDA), seems to have sparked whale confidence. As it happens, Render is among several altcoins that recently saw plenty of price anomalies after specific transfers by the market’s largest traders, according to the data shared by Santiment , a crypto market intelligence platform tracking blockchain and social metrics, in an X post on September 17. Specifically, Render, alongside several other altcoins, including Injective (INJ) and Polygon (MATIC), witnessed these anomalies after whale exchange wallet supply suddenly shifted to whale cold wallet supply, and Santiment analysts said these “anomalies are fantastic as both short & long term signals.” Picks for you ...

Investor and cryptanalyst Rekt Capital believes that the price of Bitcoin (BTC) could drop to $37,000 shortly. According to the expert, the fall of BTC by more than $5,000 from the current level can be considered a healthy recovery. He recalled that the first cryptocurrency has experienced similar price movements, and such patterns have historically contributed to the overall health of the cryptocurrency market. Additionally, as the BTC halving approaches, any deeper corrections during this period could provide investors with excellent bargaining opportunities. #BTC New Monthly Close is in The last two times Bitcoin retested ~$41000 (blue) as support, price produced volatile retests The retests saw downside wicks go to as low as the ~$37000 region History suggests any dip into ~$37000 would be healthy$BTC #Crypto #Bitcoin pic.twitter.com/AVBF7WYAYL — Rekt Capital (@rektcapital) January 1, 2024 Currently, the price of BTC is at $42,500. Over the past year, the first cryptocu...

Trader Peter Brandt shared his thoughts on the prospects for further movement of BTC. The trader believes that the next growth target for Bitcoin (BTC) could be the level of $43,200. The forecast is based on calculations of the expected trajectory of the asset through the measurement of technical Analysis figures. Here is another targeting technique. In the case of a flag or pennant, measure the flag pole height into the flag and project the same measurement from the last small reaction low within the flag $BTC https://t.co/EylfbXS3CN pic.twitter.com/dXJM6HGnFr — Peter Brandt (@PeterLBrandt) November 9, 2023 Prior to this, Brandt gave a long-term forecast for Bitcoin. According to his calculations, cryptocurrency will enter an active growth phase no earlier than the third quarter of 2024 after the spring halving. Anyone who declares they know the future path of any market is a fool. Markets will ALWAYS surprise. Yet, with this disclaimer, I believe: 1. The $BTC bottom ...

Bitcoin recaptured a key price level and a handful of altcoins look poised to breakout. The S&P 500 Index soared 5.85% last week, its best performance since November 2022. A large part of the gains were fuelled by expectations that the Federal Reserve will not hike rates anymore.  In comparison, Bitcoin (BTC) had a much muted performance with a rise of approximately 2%. However, a positive sign for cryptocurrency investors is that a risk on sentiment is likely to benefit the crypto space. Crypto market data daily view. Source: Coin360 Bitcoin’s rise attracted investments in several beaten-down altcoins, which are rising from their long-term slumber. If Bitcoin does not collapse, the recovery may spread to coins that have still not participated in the rise. Even as Bitcoin enters a range, select altcoins are showing signs of moving higher. Let’s look at the charts of the top-5 cryptocurrencies that may extend their rally in the next few days. Bitcoin price analysis Bitcoin contin...

Bitcoin is showing renewed strength and targeting yearly highs. Will altcoins follow suit? October is proving to be a solid month for Bitcoin (BTC) as the price is nearing the 2023 high at $31,805. Generally, major resistances are not cleared in the first instance as the bears come out in full force to guard the level. Therefore, a minor dip is to be expected, but that should not be considered as the start of a negative sentiment. Buyers regroup at lower levels and try to form a higher floor. That triggers further buying and starts a rally. This is a possibility in Bitcoin but risks remain. While the cooling of the United States dollar index (DXY) is a positive sign, the weakness in the S&P 500 Index (SPX) is a negative sign. Daily cryptocurrency market performance. Source: Coin360 Another risk to the rising cryptocurrency markets could come from the surging 10-year Treasury yield which once again rose above 5%. The rise in the yields show that the market participants are losing h...

The Federal Reserve is set to raise interest rates this week. Here’s why traders expect a 0.75% hike to trigger a crypto market rally. The S&P 500 and the Nasdaq Composite index suffered their worst weekly performance since June as investors remain concerned that the Federal Reserve will have to continue with its aggressive monetary policy to curb inflation and that could lead to a recession in the United States. Bitcoin (BTC) remains closely correlated to the S&P 500 and is on track to fall more than 9% this week. If this correlation continues , it could bring more pain to the cryptocurrency Markets because Goldman Sachs strategist Sharon Bell cautioned that aggressive rate hikes could trigger a 26% fall in the S&P 500. Crypto market data daily view. Source: Coin360 The majority expect the Fed to hike rates by 75 basis points in the next meeting on Sept. 20 to Sept. 21 but the FedWatch Tool shows an 18% probability of a 100 basis point rate hike. This uncertainty could k...