DeFi News Daily Official TheBitTimes.com

The Hyperliquid price jumped 14% in the last 24 hours to trade at $12.15 as of 12:29 a.m. EST on trading volume that skyrocketed 146% to $434 million. Hyperliquid Price Shows Bearish Momentum Near Key Fibonacci Support The HYPE price is experiencing a strong bearish trend, breaking below key Fibonacci levels. The Hyperliquid price chart shows a retracement from the $35.52 high, with price action now sitting around the 0.618 Fibonacci level ($19.79). This is a crucial support zone because the golden ratio (0.618) is often seen as a reversal point. However, a clear breakdown below this level increases the likelihood of testing the 0.786 level at $15.51. Additionally, the price of HYPE is trending below the 50-day Simple Moving Average (SMA) at $23.41, confirming that sellers are in control. The Relative Strength Index (RSI) at 33.75 is indicating increasing selling pressure, but being near 30 suggests a possible bounce. However, if the RSI dips below 30, it could signal further dow...

The fusion of decentralized finance (DeFi) and artificial intelligence (AI) has given rise to an exciting new sector known as DeFAI. Pioneered by DeFi veteran Daniele Sesta, the term has gained traction, even earning its own category on CoinMarketCap. With growing interest in this niche, several projects stand out as potential high performers in 2025. Strawberry AI (BERRY) Strawberry AI (BERRY) currently holds a market cap of $14 million, positioning it as a high-risk, smaller-scale project. This initiative focuses on enhancing crypto research through multi-agent reasoning and Berry Chain. As AI-driven solutions become more integrated into blockchain projects, Strawberry AI aims to provide advanced tools for crypto investors. The platform offers a range of AI-powered products, including a text-based search engine, an advanced search engine, and a premium chatbot. Additionally, it Features an Analysis companion and a trading and transaction assistant, making it a comprehensive ...

The Bitcoin price edged up 1% in the last 24 hours to trade at $96,529 as of 3:20 a.m. EST on a 44% pump in trading volume to $42 billion. This rise in the BTC price comes as Bitcoin celebrates the 16th anniversary of its Genesis Block on January 3, 2025, a cornerstone of the cryptocurrency revolution. Created by the enigmatic Satoshi Nakamoto, the Genesis Block was mined on January 3, 2009, introducing the first 50 Bitcoins and embedding the historic message: “The Times 03/Jan/2009 Chancellor on the brink of second bailout for banks.” On this day in 2009, Satoshi Nakamoto mined the Bitcoin Genesis Block, also known as Block 0. A historic moment marking the beginning of Bitcoin. 🟠 pic.twitter.com/ORZJ25EXRY — Trezor (@Trezor) January 3, 2025 Interestingly, the second block wasn’t mined until six days later, fueling speculation that Satoshi may have echoed the six days of creation in the Book of Genesis. Over the years, Bitcoin has evolved signifi...

The Bitcoin price plunged 3% in the last 24 hours to trade at $100,478 as of 11:07 p.m. EST on trading volume that surged 24% to $114 billion. This comes after the Federal Open Market Committee (FOMC) meeting delivered a 25 basis point cut, as widely expected, bringing the Federal Reserve (FED) Funds interest rate into a range of 4.25% – 4.50%. But the Fed signaled a slower pace of easing in 2025, a revised projection that was more hawkish than most pundits anticipated, and that sent the crypto market into a tailspin.  Bitcoin Price Could Continue Soaring The daily chart for the Bitcoin price highlights a strong bullish trend, characterized by a breakout from a prolonged accumulation phase and consistent upward price movement. A well-defined consolidation zone is visible between June and late November, marked in purple on the chart, with price oscillating between $60,000 and $70,000, according to data from Geckoterminal . After the breakout above the $70,000 resistance...