DeFi News Daily Official TheBitTimes.com

The Bitcoin price slipped 3% in the last 24 hours to trade at $89,038.82 as of 9:56 p.m. EST as investors decrease their exposure to the crypto. The BTC price dropped below the $90K mark for the first time since Nov. 14, 2024, to reach a low of $87,629 during yesterday’s trading session. Bitcoin Price Reclaims A Support Level 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price was able to reclaim the support at $88,444.73 in the last couple of hours. Now, the leading crypto has the room needed to potentially rise to the major resistance at $90,884.93 if the bullish pressure persists. In an extreme case, BTC might even rise to as high as $93,904.24 in the short term. On the other hand, a sudden selloff could result in a drop below the aforementioned $88,444.73 mark. A drop below this recently-flipped level might expose the Bitcoin price to the risk of plunging all the way down to $85,971.15. Technicals Suggest Bulls Are Trying To Take Control Of The Bitcoin P...

Recent news suggests that Bitcoin could soon see a significant price increase, potentially leading to huge gains for investors. However, it’s not just Bitcoin itself that stands to benefit from this potential rise—tokens like BTCBULL, which are tied to Bitcoin’s price movements, may experience even more significant rallies. As Bitcoin gains value, smaller assets like BTC Bull Token could see exponential returns, making them an attractive investment. Bitcoin’s Price Surge on the Horizon Leading brokerage firm Bernstein has made a bold prediction: the U.S. Federal Reserve might issue debt or sell part of its gold reserves to purchase Bitcoin. This speculation, outlined in a report to their clients, suggests that the U.S. could be gearing up to create a national Strategic Bitcoin Reserve (SBR). If this initiative becomes a reality, Bernstein believes that other nations could follow suit, acquiring Bitcoin as part of their reserve assets. The creation of a nat...

Facing the challenge of countless new meme coins, investors are turning to a new project with fresh utility: MIND of Pepe. This unique AI-powered platform helps investors make smarter, more efficient decisions in the meme coin market. Its innovative Features streamline the investing process, reinforcing AI’s growing influence in crypto this year. With strong interest in the presale, investors are increasingly viewing MIND of Pepe ($MIND) as a top pick, especially after the project surpassed the $6 million mark in its ongoing presale. Best AI-Powered Meme Coin Investment Tool Having raised over $6.2 million in its presale, MIND of Pepe is making a strong impact in the crypto community, with just over a day left before its price increases. Currently valued at $0.003332, now is the ideal time for potential investors to get involved before the price rises. At its core, MIND of Pepe is a self-evolving AI agent that interacts with platforms like X (formerly Twitter) and other soci...

The Flockerz (FLOCK) token shows impressive growth, raising $9.2 million even as the cryptocurrency market faces major declines. While Bitcoin, Ethereum, and Solana have suffered heavy losses—and meme coins have dropped by 7% to 10%—Flockerz has maintained steady prices and continues to grow. In the past few days, Flockerz has gone against the market trend, drawing strong inflows. While Bitcoin fell from $102,000 and Ethereum dropped from $3,700, Flockerz has delivered steady returns. Investors who bought Flockerz last month have made gains, unlike those holding other major cryptocurrencies that lost value. Flockerz grows strong as top meme coin, raising over $9M in ICO Meme coins are making headlines in early 2025. Flockerz (FLOCK) stands out as one of the most talked-about coins, bringing a fresh approach to community governance. Investors are rushing to buy high-potential coins before the bull rally, and Flockerz (FLOCK) is emerging as one of the top picks. This ne...

Wall Street Pepe (WEPE) is making waves and setting new records in the crypto market. Although its daily sales have slowed from $6 million a few weeks ago, it still pulls in about half a million dollars every day. Even now, it outperforms Pepe Unchained in its early days. Wall Street Pepe is breaking barriers, with experts predicting it will achieve great success. This project isn’t just a passing trend—it could transform the cryptocurrency space and create millionaires along the way. Could Wall Street Pepe match Pepe Unchained’s post-launch success? The Wall Street Pepe (WEPE) ICO is quickly reaching its funding goals as investors join the project’s upcoming crypto signals channel. Starting in the first week of December, the presale has been raising over $1.6 million daily, with nearly $37 million already collected. $WEPE is priced at $0.0003658 per token. Investors can get tokens by swapping ETH, BNB, or USDT on the presale website or through Best Wallet ...

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...

The Reef price plunged 55% in the last 24 hours to trade at $0.00225 as of 4.40 a.m. EST on trading volume that skyrocketed 103% to $335.89 million. The project’s price plummeted despite it confirming yesterday that it had started working with VIA Labs, and that it’s building a reef bridge. It's a new — and big — milestone today! 🪙 The work has started: @via_labs has began building the bridge 🌉 🤝 Up, up, up we go 🚀 https://t.co/kG9E44NICw — 🐠 Reef (@Reef_Chain) October 15, 2024 Last month, the project said that it partnered with VIA Labs in a deal that will allow it to incorporate Reef Chain into their messaging, bridge, and Proto-CCTP products. They said that work will start in October and that the launch is expected before the end of the year. The rumors are true. Reef has partnered with @via_labs to incorporate Reef Chain into their messaging, bridge, and Proto-CCTP products. Work begins October, with a ...

Ether’s (ETH) market cap has shed approximately one-third of its value in bitcoin (BTC) terms in just 12 months. Even worse, it’s been an embarrassing seven years since ETH last rallied to a new high against the world’s leading crypto. During the early months of Ethereum’s initial coin offering (ICO) in 2017, ETH rallied to an all-time high of approximately 0.15 per bitcoin. It hasn’t surpassed that level since. Even in 2021, amid several positive catalysts for ETH investors, it only hit 0.088 per BTC. That was a commendable comeback from its September 2019 low of 0.016 but still 42% below its 2017 high . Investors have bid progressively less and less BTC for ETH since 2021. Understanding Ethereum’s failure to re-make a new high in BTC terms in 2021 is instructive for understanding its current, 32-month-and-counting decline. Ethereum’s failure to make a new high against bitcoin in 2021 Back in 2021, investors were excitedly listening to announcements abou...

The Toncoin price dropped 4% in the last 24 hours to trade at $5.39 as of 03:34 a.m. EST on trading volumes that plunged 23% to $1.2 billion. This comes as the United Arab Emirates (UAE) announced late Monday that it had asked the French government to allow consular access to Telegram CEO Pavel Durov, who is currently in police custody in Paris. Durov was arrested late Saturday night and is still being held as part of a probe into allegations relating to child pornography, drug trafficking, and organized crime on the Telegram messaging platform. After the arrest, the Open Network (TON) on the platform experienced a notable effect, with its native token, TON, plunging over 20%. Toncoin Price Aims For A Rebound Since the arrest, the Toncoin price dropped from the $6.82 resistance zone, according data from GeckoTerminal . The bulls have been trying to keep the price above the $5.0 support level, with TON now forming a falling channel pattern. With the token now on a downtr...

The Sui price surged 31% in the last 24 hours to trade at $0.8462 as of 03:36 a.m. EST on trading volume that skyrocketed 52% to $389 million. SUI has been in a sustained rally in the last two days after Grayscale announced on Wednesday the launch of two new crypto investment funds for Bittensor (TAO) and Sui (SUI) tokens. The new funds, coming in as single-asset funds, will provide investors with exposure to potential price growth from the developments taking place in the Bittensor and Sui protocols. The move also reflects the steps Grayscale is taking to expand its decentralized investment offerings. Sui Price Prediction: The SUI Price Aims For A Continued Rally The Sui price was in a downward trend from July 29 to Aug. 5, dropping from the $0.78 resistance to the $0.52 support level. SUI bulls then gained control of the altcoin’s price, pushing it through a markup phase as the SUI price reclaimed the $0.52 resistance, forming a rounding bottom pattern. Investor...