DeFi News Daily Official TheBitTimes.com

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 ...

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...

The Litecoin price dropped 3% in the last 24 hours to trade at $129.32 as of 02:31 a.m. EST on trading volume that dropped 4% to $1.5 billion.   Litecoin Price Analysis: Breakout Incoming? The LTC price has been trading in an overall uptrend, with higher highs and higher lows forming since late 2024. The chart displays a consolidation phase pattern, a bullish continuation pattern that often signals a breakout to higher levels. Currently, the Litecoin price is testing the resistance around $136, which has been a major hurdle in previous attempts to break out, according to GeckoTerminal data. A consolidation phase occurred in the $93-$136 range, supported by a strong demand zone (marked in purple on the chart) around $101.  The price of Litecoin is now pushing higher, and a confirmed breakout above resistance could trigger a sharp upward move. The 50-day Simple Moving Average (SMA) at $115.33 is above the 200-day SMA at $88.23, confirming a bullish trend. Meanwhile,...

The Jupiter price plunged over 8% in the last 24 hours to trade at $0.7769 as of 10:45 p.m. EST as investors dump their holdings in the crypto on the market. This recent drop in the JUP price has pushed the altcoin’s weekly performance into the red zone as well. Jupiter Price Forms A Bearish Channel 4-hour chart for JUP/USD (Source: GeckoTerminal ) The Jupiter price printed a series of lower lows and lower highs over the last couple of days, resulting in the formation of a descending channel on the 4-hour chart, according to GeckoTerminal . Should the altcoin continue to trade within this negative channel for the next 24 hours, JUP might drop below the $0.7913 support and fall to as low as $0.6885. On the other hand, the Jupiter price breaking out above the upper boundary of the descending channel in the next 8 hours could invalidate the bearish thesis. In this more bullish scenario, the crypto might try to flip the $0.8770 resistance into support. A 4-hour candle close abo...

As 2024 draws to a close, Bitcoin (BTC) finds itself in the spotlight once again.  Currently trading at $95,016, Bitcoin has seen modest but steady gains of 0.28% over the past 24 hours, 3.47% over the past week, and an impressive 38.44% in the last month.  Bitcoin 1-week price chart. Source: Finbold With its market cap soaring and technical indicators flashing bullish signals, all eyes are on Bitcoin’s potential performance during the festive season.  Picks for you 5 promising cryptocurrencies Coinbase just added to the COIN50 index 4 mins ago AI predicts Chainlink (LINK) price for year-end  5 mins ago Fuse Network announces an in...

The overall feeling in the market is beginning to look positive. Recently, Bitcoin (BTC) finally rose above its all-time high of $73K, fluctuating between $74K and $75K. Meanwhile, Ethereum (ETH) is striving to stay above $2,600 once more as investors still anticipate the next bull run. Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially during the Uptober bull run. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Memebet Token. This new Telegram-based betting platform allows users to bet using meme coins for the first time, generating excitement among crypto...

The RabBitcoin price surged over 18% in the last 24 hours to trade at $0.000004493 as of 7:59 a.m. EST as investors rush to buy the altcoin. Following the recent gain, the RBTC price has also managed to flip its weekly performance out of the red zone. As a result, the crypto’s price is up more than 17% over the past 7 days. The RabBitcoin Price Plunges Below 2 Major Price Points 4-hour chart for RBTC/USDT (Source: TradingView ) The RabBitcoin price dropped below the $0.000005400 and $0.000004863 price points in the last 8 hours after managing to surge to an intraday high of $0.000006598. Now the crypto stands the risk of losing the support of the technical safety net at $0.000004137. Falling below this mark could then lead to RBTC plunging to as low as $0.000003672 in the short term. Bulls could still prevent an even bigger drop in the coming 12 hours if traders identify the altcoin’s current price as a buy opportunity. In this alternative scenario, the RabBitcoin pr...