NFT News Daily Offcial TheBitTimes.com

As Bitcoin (BTC) lingers below the $100,000 mark, financial educator and author Robert Kiyosaki has predicted a possible shift in the asset’s ownership once the six-figure milestone is attained.  Kiyosaki, the author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ believes that if this record high is achieved, it will be almost impossible for the average person to catch up, as he said in an X post on November 30. According to Kiyosaki, the real shift will occur once Bitcoin reaches $100,000. At that point, only the ultra-wealthy will have the financial power to acquire significant amounts of the maiden digital asset. Picks for you ChatGPT picks 2 altcoins to buy and add to your portfolio for 2025 18 hours ago Bitcoin de...

MicroStrategy must perform today for its NASDAQ 100 snapshot One of the most recognizable indices tracking public companies in the US, the Nasdaq-100, will perform its eligibility snapshot today. Nasdaq’s committee will use trading data through 4pm today in New York to evaluate companies looking to enter the index during its annual rebalancing event, including Michael Saylor’s bitcoin acquisition company, MicroStrategy (MSTR). Today is a significant event for MicroStrategy’s ravenous community of leveraged bitcoin investors who have encouraged the company to gobble up nearly 3% of bitcoin’s supply. At press time, they seem to be doing everything they can to help; MSTR is trading over 6% higher today with a market capitalization exceeding $92 billion. Second only to Standard & Poor’s’ renowned S&P 500 index and besting the popularity of Dow Jones’ antiquating Industrial Average index, the Nasdaq-100 tracks the value of the 100 largest Nasdaq-listed, n...

In a market full of surprises, today’s top gainers are defying expectations with bold innovations and eye-popping surges. Sperax, for instance, has rocketed 44.53%, thanks to a new yield optimizer on Arbitrum that promises to redefine stablecoin investments. Meanwhile, the meme coin space is heating up as Pepe Unchained nears a record $60 million presale, setting new benchmarks for the industry. Adding to the excitement, Hedera, Kadena, and Cardano continue to capture attention with their trailblazing technologies. Their consistent upward momentum makes today’s market thrilling for investors and worth analyzing.   Biggest Crypto Gainers Today – Top List While the 24-hour surges of today’s top crypto gainers are grabbing attention, their long-term performance truly sets them apart. For example, Sperax has surged 256% over the past year, highlighting the strength of its stablecoin solutions. Similarly, Hedera’s 148% growth shows the lasting appeal of i...

The Algorand price prediction may continue to show a bullish movement if the market can stabilize above the moving averages. Algorand Prediction Statistics Data: Algorand price now – $0.291 Algorand market cap – $2.54 billion Algorand circulating supply – 8.28 billion Algorand total supply – 10 billion Algorand Coinmarketcap ranking – #54 Timing is everything in crypto, and Algorand (ALGO) offers a fascinating case study. While it reached an all-time high of $3.28 on June 21, 2019, it has since declined by -90.57%, reflecting the market’s cyclical nature. However, its recovery from an all-time low of $0.08761 on September 11, 2023, with a surge of +253.1%, highlights its resilience and potential. Trading between $0.2834 and $0.3147 in the last 24 hours, ALGO’s price history underscores the importance of strategic timing and patience in the crypto space. ALGO/USD Market Key Levels: Resistance levels: $0.380, $0.400, $0.420 Support le...

The Zircuit price has surged 12% in the last 24 hours to trade at $0.08496 as of 6:30 a.m. EST on a 24% drop in trading volume to $112 million. Zircuit is an innovative Layer 2 (L2) network that offers a unique approach to on-chain security. It protects users through sequencer-level security and integrated, automated AI systems designed to prevent smart contract exploits and shield against malicious actors. Zircuit Price Rebounds Within The Bullish Channel The ZRC/USD trading pair shows a bullish market structure with a bullish pennant pattern, highlighted in red and visible. This pattern normally forms after a sharp upward move, signaling a period of consolidation before the continuation of the trend. The breakout above the pennant confirms the bullish momentum as the price surged higher. The price trading at $0.08496 also displays a parabolic curve following this breakout , indicating accelerating bullish momentum. However, such parabolic moves often result in short-term correcti...

Following what has been a monumental year for the company, Microsoft (MSFT) stock is projected to skyrocket to $550, leading many investors to ponder if now is the time to buy in on the stock. Indeed, with the target price getting a notable increase, there could be massive potential for the stock entering what should be a dominant 2025. Shares in the company are currently a little more than 10% away from their July 2024 all-time high of $465. Yet, that price could soon be a distant memory, with experts projecting a record surge. Amid a 15% increase year to date, now may be the time to get in on the stocks’ growing potential. Source: CNBC Also Read : Michael Saylor Pitching Bitcoin Accumulation Strategy to Microsoft? Microsoft Target Increased to $550: Is the Stock a Buy Amid Talk of Record Highs? There are few companies with the kind of potential that Microsoft has. Although it has been a cornerstone for Wall Street investors over the last decade, things could only get more beneficial ...

Cardano (ADA) could see further upside above the $1 zone, with whale investors showing confidence in the coin through significant buying activity. Specifically, following a minor dip below the $1 level, whales purchased over 130 million ADA, according to on-chain data shared by crypto analyst Ali Martinez in an X post on November 27. ADA whale accumulation chart. Source: Santiment/Ali_charts Whale holdings have surged to 3.2 billion ADA, marking a notable vote of confidence in the decentralized finance coin.  Picks for you Bitcoin’s path to $100,000 hits a roadblock: Here’s what’s holding it back 1 hour ago Analyst makes crypto predictions for ‘the mother of all bull markets’ in 2025 2 hours ago ...

The Intel Corporation (INTC) and the Biden Administration have agreed to terms that will see INTC receive up to $7.9 billion in CHIPS funding. The funding will support expanding or building new facilities across Arizona, New Mexico, Ohio, and Oregon. Intel will receive less than the initially announced reward in March, which was up to $8.5 billion. This is due to other existing defense contracts. The incoming money will aid Intel’s planned investments of nearly $100 billion in expanding its U.S. operations. The funding will be awarded as Intel achieves milestones on the different projects, the U.S. Department of Commerce said Tuesday. Intel stock has slumped in 2024 with multiple instances of negative quarterly results. Year-to-date, the stock is down over 50%, as the company struggles to keep up with other tech giants like Nvidia (NVDA). Earlier this year, the company also announced plans to lay off 15% of its workforce. Last month, Intel CEO Pat Galsinger said the company had ma...

There is a community on X whose members call themselves Irresponsibly Long MSTR. They believe that MicroStrategy has substantial upside, even after its 538% year-to-date rally. Although members have a range of personal forecasts, there are some who believe the company can trade to a 10X valuation of its bitcoin (BTC) holdings. For context, MicroStrategy is currently trading at 2.5X the value of its 386,700 BTC. If that multiple were to grow to 10X, the company’s  market capitalization would rally from today’s $90 billion to $364 billion. At a 10X multiple, the company would be worth more than Coca-Cola, Wells Fargo, or Adobe. Moreover, if CEO Michael Saylor continued to acquire additional BTC, that market capitalization would have to keep pace. Although the company also has a legacy software business that was consistently worth single-digit billions for several years before its transition to a BTC acquisition company, most people disregard that value when calculating this...

HTX, the crypto exchange advised by controversial figure Justin Sun, recently redeemed 5,182 wrapped bitcoin (WBTC) worth approximately $500 million, according to the official WBTC dashboard. This comes just over three months after Sun entered into a new joint venture with BiT Global and BitGo to manage the custody of bitcoin for WBTC. On-chain data for WBTC suggests this is the sixth-largest redemption of WBTC of all time and is the largest redemption in the last 635 days. Threshold Network delegate ‘mrsthreshold.eth.limo’ highlighted that this large redemption was processed in only a few hours, whereas other recent smaller redemptions often seemed to take several days to process . Wrapped BTC is no longer the trusted, unbiased custodian it used to be. Compare these timelines: — Justin Sun’s HTX gets 5,182 $WBTC redeemed in under 5 hours. — CoinList users wait over 11 days to redeem just 80 WBTC. Justin Sun can now front-run markets and exploit… pic.twitt...

The Department of Government Efficiency price soared 12% in the last 24 hours to trade at $0.2445 as of 02:44 a.m. EST on trading volume that plunged 11% to $11.8 million. Department of Government Efficiency Price Aims For A Bullish Trend Reversal After a parabolic move upwards (green arrow) in mid-November, the Department of Government Efficiency price entered a falling channel pattern, indicating consolidation following the rally. It now appears to be attempting a breakout to the upside, as the current candle is above the triangle resistance around $0.2660, according to data from GeckoTerminal. Even though the Department of Government Efficiency price still trades below the 50-day Simple Moving Averages (SMAs), it gracefully trades above the 200-day SMA, which supports the general bullish bias. The Relative Strength Index (RSI) is neutral, suggesting neither overbought nor oversold conditions. However, it is moving upwards from the midline, hinting at growing bullish momentum. If...

The VeChain price has surged 18% in the last 24 hours to trade at $0.04306 as of 7:59 p.m. EST on trading volume that skyrocketed 202% to $749 million, according to CoinGecko.  VeChain Price On A Sustained Rally The VeChain price has experienced a sustained bullish parabolic rise (black channel) after a rising channel pattern, with a sharp upward move indicating strong buyer interest. The continued rally can be confirmed by both the 50-day and 200-day Simple Moving Averages (SMAs), which is also an indication that the bulls have full control of the price. Furthermore, the Relative Strength Index (RSI) is in the overbought zone at 70, suggesting that the asset has been heavily bought recently. This could indicate potential cooling off or consolidation in the near term, although strong trends can remain overbought for an extended period. The Moving Average Convergence Divergence (MACD) is in a strongly bullish phase, with the blue MACD line sharply above the orange signal line....