NFT News Daily Offcial TheBitTimes.com

Bitcoin (BTC) remains a focal point of interest as it experiences significant consolidation, slightly above the $60,000 mark. As the market anticipates Bitcoin’s next move, crypto trading expert Alan Santana shared his insights on the latest price movements in a TradingView post on June 30, providing potential correction targets. Santana’s Analysis revealed that the support range for Bitcoin’s upcoming drop termed the “ maximum pain point ,” lies between the Fibonacci retracement levels of 0.618 and 0.786. This range is calculated based on the latest bullish wave, indicating a broader view of the market movements. Picks for you Buy alert: 2 Blockchain stocks with ‘strong buy’ ratings for July 2024 4 mins ago Three in every four Bitco

Solana (SOL) has shown impressive growth this year, surging by almost 800% and outpacing both Bitcoin and Ethereum. Over the last 12 months, the token has increased by more than 770% according to CoinMarketCap, despite its recent dip to the $141 level. Alternatively, Bitcoin and Ethereum have grown 100% and 82% in the same time frame, respectively. The development has firmly established SOL alongside both BTC and ETH as the top three cryptocurrencies in the market. That fact has led two firms to file for Spot Solana ETF s this week alone. Source: Bitcoin.com Also Read: Solana June End Prediction: Solana Blinks To Help SOL Cross $180? SOL Beats Both Bitcoin and Ethereum in Yearly Gains So Far Throughout 2024 thus far, the US has approved two crypto-based ETF s. That is expected to grow, and Solana has emerged as a favorite to get the investment product, especially as its 800% yearly gains have outpaced both Bitcoin and Ethereum. A recent report from GSR Markets has said SOL “cemente

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future.  Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Mega Dice. The pr

Solana (SOL), currently the fifth-largest cryptocurrency by market capitalization, has experienced a notable price jump in the past 24 hours.  This rise is fueled by VanEck, a well-known New York investment management firm, filing an S-1 registration statement for its “VanEck Solana Trust,” marking the first attempt to launch a spot Solana exchange-traded funds (ETFs) in the U.S. In addition, Canadian firm 3iQ Corp recently filed a preliminary prospectus to introduce the Solana Fund (QSOL) in Canada. These filings have generated substantial interest and speculation about Solana’s future price trajectory.   Picks for you 3 cryptocurrencies to turn $100 into $1,000 for end of 2024 32 mins ago Here's Bitcoin's path to $300,000 after c

Binance will be changing its fee structures on July 1, effectively raising fees for users who trade on the platform via prime brokers, reports Bloomberg. Previously, broker s who were a part of Binance ’s Link Plus program were able to lower trading fees for users thanks to the total volume the broker was doing. It effectively allowed users to benefit from a more generous fee tier than their trading would normally justify.  Previously, the structure of this setup meant certain traders could receive lower fees by trading through these brokers instead of Binance directly, benefitting from the broker’s ability to aggregate its many sub-accounts. This change would significantly reduce the incentive for traders to use these broker s , potentially driving them toward Binance itself.  The Bloomberg reporting specifically includes comments from Bequant, which previously took advantage of these differences in the Binance fee tier as part of its core business model and is apparently piv

Crypto trends in the last 24 hours deviate dramatically from what investors have seen in the past few days. Prices of altcoins have increased significantly against recent trends, which some traders and investors have termed the return of the alt season.  Nevertheless, the top gainers in the market today are mostly newly released projects, with memecoins constituting a larger portion of the list. Similar price action is evident among the top trending cryptocurrencies on the Solana chain. Tokens within the network have also seen price expansion, with Albemarle Token, Eddie Seal, and EPIK ranking as some of the top performers.  Top Trending Cryptos on Solana Chain Aside from trending cryptocurrencies, upcoming projects are also gems investors are exploiting. An instance to watch is the recently concluded Sealana presale. The project finalized the presale offering of the SEAL token on July 25th after raising over $6 million. A summary of the Sealana project is provided below.  1. Albem

Although cryptocurrency prices have been falling for a while, the overall feeling in the market remains positive. Recently, Bitcoin (BTC) has dropped to $61K, and Ethereum (ETH) is striving to return to $3,500. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. 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 Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. The details of its presale and the performance of the top-performing cryptos today are shared

A top trader has issued a warning about a popular Solana (SOL)-based Dogecoin (DOGE) rival, saying that the memecoin has more downside potential. In a video posted to the social media platform X, the pseudonymous analyst known as Bluntz tells his 263,200 followers that technical metrics indicate the meme token dogwifhat (WIF) could endure more corrective moves in the next three to four weeks. According to the analyst, WIF witnessed a 109-day uptrend earlier this year, leading him to anticipate a similar number of bearish days for the memecoin. “We are [85] days into the pullback… In terms of time, a 1:1 extension… that takes us out to July.” Source: Bluntz/X As for his downside target price for WIF, the analyst says he will be interested in loading up on WIF when traders capitulate as the memecoin drops to around $1 in price. “So what I anticipate to happen is we have to keep grinding down. I think the 0.78 [Fibonacci retracement level] is going to get tapped…