Altcoin News Daily Official TheBitTimes.com

A pair of Solana (SOL)-based altcoins is dipping in price after gaining support from the largest crypto exchange by trading volume in the US. In a new thread on the social media platform X, Coinbase Assets says it is adding support for Jito Staked SOL (JITOSOL) and non-fungible token (NFT) marketplace Metaplex (MPLX). “Jito Staked SOL and Metaplex are now live on //coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the support caused both assets to dip as JITOSOL is trading for $217 at time of writing, a 6.8% decrease on the day while MPLX is valued at $0.169, a fractional decrease during the last 24 hours. JITOSOL is a liquid staked token (LST) where users can earn extra rewards by staking Solana on the decentralized finance (DeFi) network Jito. Furthermore, according to its official website, the asset not only stays in your crypto wallet and accru...

The Official Melania Meme price skyrocketed 18% in the last 24 hours to trade at $1.688 as of 02:51 a.m. EST on trading volume that surged 73% to $202 million. Official Melania Meme Price Aims For A Breakout The MELANIA price chart on the 1-hour timeframe shows a strong initial price surge followed by a prolonged downtrend.  Price action for the Official Melania Meme is currently forming a falling wedge pattern, characterized by two downward-sloping trendlines that converge. This pattern is typically bullish, as it often precedes a breakout to the upside. Recently, the price of Official Melania Meme has been consolidating near the upper boundary of the wedge around $1.87, suggesting a potential breakout attempt, data from GeckoTerminal shows.  The 50-period Simple Moving Average (SMA) on the 1-hour chart is at $1.5359, while the 200-period SMA is at $1.9843. MELANIA is currently testing the 50-period SMA, which could act as support if broken to the upside. However, the ...

Leading crypto exchange Binance has accumulated more than $24 billion in inflows from user deposits in 2024 while also surpassing $100 trillion in lifetime trading volume. This growth “aligns with a surge in global adoption of digital assets,” Binance said in a Dec. 11 blog post . Recent developments including a series of regulatory victories, historic price milestones, and the launch of spot Bitcoin ETFs (exchange-traded funds) in the US, Hong King and other large markets drove “millions of users to Binance,” the exchange added. Binance Inflows Almost 3 Times Greater Than Its Next Biggest Competitor Binance’s inflows are almost 3 times greater than that of Bybit, which DefiLlama data shows is the second biggest exchange in terms of inflows after $8.2 billion made its way onto the platform.  In third place is OKX, with its inflows standing at around $5.3 billion. DefiLlama’s list does not include Coinbase and Gemini because of their inadeq...

Author | defioasis From perpetual contract trading to the eye-catching on-chain exchange, Hyperliquid has quickly risen in the Crypto space. Recently, Hyperliquid conducted a large-scale airdrop of HYPE tokens, which not only boosted community engagement and user participation but also broke the undervaluation status of the on-chain derivatives sector, raising the ceiling for the entire track. (1) Hyperliquid has accumulated over 1.5 billion USDC in assets, comparable to the 14th largest cryptocurrency exchange in the world Hyperliquid is a high-performance derivatives exchange built on Layer 1, compatible with EVM. Assets are primarily deposited into Hyperliquid through the Arbitrum Bridge, which currently supports USDT, USDC.e, and USDC on Arbitrum, but only USDC is accepted as collateral. As of December 9, assets in the Hyperliquid Deposit Bridge contract: 0x2D...3dF7 have reached 1.58 billion USDC and are still growing. When comparing Hyperliquid's assets with the clean assets ...