Altcoin News Official Today TheBitTimes.com

Bitcoin mining behemoth, Marathon Digital has made headlines by investing a staggering $100 million in BTC . This substantial investment comes despite BTC’s previous price drops , underscoring the mining giant’s confidence in the long term potential of the pioneer cryptocurrency.  MARA Buys $100 Million Worth Of BTC In a press release published on Thursday, July 25, MARA, (recently rebranded from Marathon Digital) announced that it has purchased an additional $100 million worth of BTC. This substantial Bitcoin investment marks a significant increase in MARA’s already impressive Bitcoin holdings.  Related Reading Can Dogecoin Replicate Its 2021 18,000% Run? Here’s What The Chart Says 14 hours ago MARA’s latest BTC acquisition has brought its balance sheet holdings to about 20,000 BTC, valued at approximately $1.3 billion. The Bitcoin ...

With Dogecoin currently enjoying a notable surge, one analyst has said that an impending memecoin supercycle can push DOGE to the $1 level. Indeed, the trader noted that a market-wide surge could be the catalyst for the leading memecoin to reach a new all-time high. DOGE has faced a volatile several weeks. In the last 24 hours, the token has surged 6%, according to CoinMarketCap. That has been an interesting turnaround, as the last 30 days have only seen it increase 7.5%, as it sits above the $0.13 mark. Yet, there are some who believe it could shatter previous records this year. Also Read: Dogecoin Forms Pattern That Could Trigger 230% Rally To $0.42 DOGE to $1 Amid Impending Memecoin Supercycle? For Dogecoin , a $1 price has always been the dream. The highest meme coin by market cap has seemingly always set the tone for the sector. Now, with a golden cross coming to fruition this week, there is optimism that 2024 could be year to remember for DOGE. As the token performs well, one a...

Riot Platforms , a significant player in Bitcoin mining, has announced its acquisition of Block Mining for $92.5 million. The transaction, disclosed on July 23, 2024, includes $18.5 million in cash and $74 million in Riot common stock. The deal also includes potential additional payments based on performance milestones. This strategic move is set to enhance Riot’s operational capacity and hash rate. "The acquisition of Block Mining marks a significant milestone for Riot as we continue to expand our growth pipeline," said @JasonLes_, CEO of Riot. "This transaction allows us to diversify our operations nationally and accelerate Block Mining’s expansion in Kentucky. With a… https://t.co/vlt648TLDo pic.twitter.com/M2B2GyyyzL — Riot Platforms, Inc. (@RiotPlatforms) July 23, 2024 Boosting Operational Capacity The acquisition significantly boosts Riot’s operational capacity by 60 megawatts (MW), with plans to expand to 110 MW by the end of 2024 an...

The Dogwifhat price plunged 4% in the last 24 hours to trade for $2.4929 as of 01:19 a.m. EST on trading volume that climbed 3%. The WIF price dump comes as the overall meme coin sector’s market capitalization slumped by more than 5% Total #crypto market cap is down 3.6% to $2.43T today as #Bitcoin falls below $65K 🔴 Are you buying, selling, or HODL-ing? pic.twitter.com/1kxPzpvZ3f — CoinGecko (@coingecko) July 25, 2024 Dogwifhat Price Prediction The Dogwifhat price is trading with a bearish bias, recording lower highs as it consolidates within a falling wedge pattern. This technical chart pattern is considered a significantly bullish reversal pattern that is confirmed when the price breaks above the upper trend line. From the chart below, it can be seen that the falling wedge chart pattern has yet to be confirmed, as the altcoin remains below the upper boundary of the wedge. If it does, then traders should watch for the profit target of a falling wedge. Thi...

The cryptocurrency world is no stranger to meme coins, with Dogecoin (DOGE) leading the pack for years. However, a new contender, Mpeppe (MPEPE), is making waves in the market. Experts are weighing in on whether Mpeppe has the potential to dethrone Dogecoin, predicting a staggering 300x rise for this new entrant. How Dogecoin (DOGE) Is Performing in the Crypto Market   Dogecoin (DOGE) is one of the most well-known meme coins, often driven by community enthusiasm and social media hype. As of today, the live price of Dogecoin is $0.133589 per DOGE/USD, with a market cap of $19.40 billion USD and a 24-hour trading volume of $849.68 million USD. Despite a slight decline of 0.99% in the last 24 hours, Dogecoin remains a significant player in the crypto market with a circulating supply of 145.25 billion DOGE. What’s New with Dogecoin (DOGE): Key Developments Recent on-chain data indicates an increase in developmental activity for Dogecoin (DOGE), suggesting a potential...

The popular ‘decentralized’ derivatives exchange, dYdX, has announced via its X (formerly Twitter) account that its v3 website was compromised. It has, however, moved to reassure users that this does not affect the current v4. The dydx.exchange website appears to have been hosted on Squarespace, according to its registration. Almost two weeks ago, several other crypto products, including Compound Finance and Celer Network announced that their frontends had been compromised. Both of these sites also relied on Squarespace for domain registration services. We just learned that dYdX v3 website (dYdX . exchange) has been compromised. Please do not visit the website or click any links until further notice. An update will be provided when available. This message does not relate to dYdX v4. — dYdX (@dYdX) July 23, 2024 When these other products were compromised , the firm took to X to note that “ no vulnerabilities or security issues have been detected at this ti...

One very promising crypto asset that is performing very well today in the crypto market is Chainlink (LINK). Many experts have noticed LINK’s price path as current market circumstances offer a combination of volatility and stability. Under a background of restrained market movement, Chainlink’s technical patterns suggest a bright future. Related Reading ‘Early Signs Of Breakout’ – Solana To Explode By 900%, According To Analyst 16 hours ago Technical Analysis Shows Promise According to new technical examinations, Chainlink is currently trading at $14.10, but a rise may be around the corner. It has been going down since it climbed recently. However, a well-known crypto expert, Ali Martinez, has seen a pattern form on the 4-hour chart that may just turn things around in LINK’s favor. #Chainlink appears ...

Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting IPO efforts. Mining sector faces challenges, with firms like Bitfarms and Northern Data adapting. Swan Bitcoin, a financial services firm specializing in Bitcoin investments, has announced a significant strategic shift. Cory Klippsten, the company’s CEO, revealed that Swan Bitcoin will be scrapping its initial public offering (IPO) plans and shutting down its mining operations. The announcement, made on July 22 via X (formerly known as Twitter), comes as the company grapples with the financial fallout from recent developments in the cryptocurrency mining sector. Halting IPO plans pegged on cessation of Bitcoin mining activities According to Klippsten, the cessation of Swan Bitcoin’s mining activities is a pivotal factor behind the decision to delay the IPO indefinitely. He stated, “Without revenue from our m...

US Securities and Exchange Commission (SEC) Chair Gary Gensler is likely to resign during the first two months of 2025 after Joe Biden finishes his term at the White House, said 10X Research founder Markus Thielen. The SEC Chair usually resigns when a new administration is elected, and should former president Donald Trump retake the White House it would likely spell disaster for Gensler, Thielen said in a July 21 report. Gensler’s term is scheduled to end in June 2026. Gary Gensler Resignation Could End SEC’s Attack On Crypto The potential resignation of Gensler could bring an end to the SEC’s attack on the crypto industry. Under Gensler’s leadership, the SEC has employed a regulation-by-enforcement approach to the nascent digital asset space that has been widely criticized by crypto industry leaders. President Biden announced his official withdrawal from the presidential race on July 21. Thielen believes the development makes Trump a near certainty to be...

The ApeCoin (APE) decentralized autonomous organization (DAO) is voting on a proposal to launch an APE- themed hotel in Bangkok, Thailand. So far, over $3.6 million worth of APE votes for “yes,” dominating by over 90%. Notably, the ApeCoin Improvement Proposal #448 (AIP-448) started on July 18 and will finish on July 31. This proposal received the moniker “ApeCoin Hotel” and counts with 4.6 million APE voting “yes” on July 21. On the other hand, 411,000 APE investors vote “no” for the AIP-448, resulting in a 91.84% “yes” dominance. The opposing side will have a hard time preventing the “ApeCoin Hotel’ implementation, which, curiously, is not a protocol upgrade. Picks for you These catalysts could propel XRP past the $1 mark 1 hour ago ...

This article analyzes current market trends and identifies tokens with potential for investors aiming to take advantage of market opportunities. Bitcoin has posted a weekly uptick amid the revival of the broader crypto market. This market revival and the confirmed Spot Ether ETF launch date of July 23 have further fueled market optimism. Consequently, market participants are searching for the top crypto to invest in right now . Top Crypto to Invest in Right Now Stacks recently integrated with BitGo to provide Bitcoin rewards through a process called “stacking.”, enabling BitGo users to earn Bitcoin rewards by utilizing sBTC on the Stacks network. Additionally, Uniswap Labs has launched a wallet browser extension for Google Chrome, enhancing its user offerings.  Meanwhile, the 99Bitcoins presale has garnered significant attention within the cryptocurrency community, raising over $2.4 million. Each 99BTC token is priced at $0.00114. 1. Stacks (STX) Stacks has recent...