DeFi News Today Official TheBitTimes.com

BlackRock ’s recently deployed $100 million Ethereum -based investment fund has prompted a meme-fuelled on -chain response from the crypto community. The investment behemoth’s move into decentralized finance (DeFi) follows a wildly successful bitcoin ETF launch and echoes CEO Larry Fink’s previous comments that ETFs are “just stepping stones towards tokenization.” The newly created BlackRock USD Institutional Digital Liquidity Fund (BUIDL) was launched in conjunction with Securitize, according to the Notice of Exempt Offering of Securities filed with the SEC last week. But shortly after the funds were identified, on -chain trolls began sending Memecoins and NFTs to Blackrock’s address . Larry: "wait a minute- you're telling me our fund already made $42K?? how can that be possible? we just deployed yesterday!" Staffer: "well sir, it appears that big-dick-fink.eth and several others have been sending tokens to our wallet. i'm having accounting catalog it ...

Bitbot has generated FOMO due to its self-custodial features. The project runs a $100,000 airdrop with $1,000 rewards. $BITBOT carries a 100x potential amid presale frenzy and unique strengths. Crypto trading on Telegram bots gathered phase in 2023. This came after the launch of popular tokens such as Banana Gun and Unibot. Both saw unprecedented gains, cementing the status of Telegram bots as an unstoppable crypto phenomenon. Bitbot launches when this frenzy is still alive while guaranteeing added security advantages. This has created a frenzy for the token, with the presale raising more than $1.16 million through stage 6. Consequently, Bitbot has been labelled a 100x token amid its self-custodial features. Let’s investigate more about this token. Bitbot generates FOMO: What is its unique value proposition? The key to Bitbot’s popularity is intense speculation. This is the first Telegram trading bot project offering self-custodial features. Bu...

Following the meme coin craze that has catapulted the network this month, Solana has officially jumped Ethereum in DEX volume. Over the past week, Solana-based decentralized exchanges have been outpacing Ethereum on the heels of several meme coins facing increasing value. Throughout March, tokens like Dogwifhat (WIF), Bonk (BONK), Book of Meme (BOME), and others have surged in value. Their presence on Solana has meant overall skyrocketing volumes amid the trading frenzy. Yet, one research firm has pointed out that the network’s capital efficiency is also far better than other blockchains, including Ethereum. Therefore, leading the flip in prevalence regarding DEX volume. Also Read: Solana -Based ANDY Memecoin is Poised For Explosive Growth: Here’s How To Get In Solana Leaps Ethereum in DEX Volume Amid Meme Coin Madness Throughout 2024, the digital asset market has been performing incredibly well. Although this week has seen prices correct, Bitcoin had reached $73,000 ...

With the majority of assets in the cryptocurrency sector slowing down and reversing their gains from the previous several weeks, things do not look very optimistic for Cardano (ADA) in the short term, but artificial intelligence (AI) algorithms remain bullish regarding its price trends in 2024. As it happens, Cardano is currently recording losses on multiple charts, although it has managed to increase its price from the year’s turn and defeat Avalanche (AVAX) in the battle for the position of the eighth-largest crypto asset by market capitalization, and AI forecasting algorithms predict further improvement. Cardano price prediction 2024 So, when will Cardano explode? According to the advanced AI algorithm’s projections, which rely on historical ADA trends, technical Analysis (TA) indicators, chart patterns, and related developments, Cardano could hit the price of $3.01 by December 31, 2024, suggesting an explosion of 396.52%. Picks for you Umoja concludes $4M seed ...

The Bonk price plunged 20% in the last 24 hours to trade at $0.00002141 as of 8:05 a.m. EST on a 2% drop in trading volume to $315 million. Despite experiencing a recent decline in value, BONK remains a significant presence in the cryptocurrency space, boasting a market capitalization of approximately $2 billion and a gain of 260% in the past month. Bonk Price Signals A Rebound On A Double Bottom Pattern BONKUSDT Analysis By Tradingview The Bonk price indicates a decline after hitting its all-time high following a prolonged downtrend, with the support zone at $0.00001005 empowering bulls to drive the price higher.  Despite the resistance point at an all-time high of $0.00004547, allowing the bears to push down the price, the bulls are showing signs of reversal with the formation of the double bottom pattern, which signals a bullish trend reversal. If the momentum is sustained, BONK’s price could see another bull rally in the upcoming weeks. The Bonk price has also sl...

Bitcoin has exceeded earlier predictions, surging past $72,000. Although past performance doesn’t ensure future outcomes, numerous alt coins have been identified as having growth potential during this period. With the Bitcoin halving approaching in just a month, excitement is brewing within the cryptocurrency community. Historically, halvings have been a catalyst for significant price increases, with past events leading to surprising surges. Here are the leading alternative coins worth considering for inclusion in your portfolio, ahead of the expected price surge. Bitcoin (BTC) The world’s first and most popular cryptocurrency, Bitcoin, has been experiencing a significant price increase recently. Several factors are contributing to this surge, making Bitcoin a hot topic in the financial world. A critical event is the upcoming Bitcoin halving, which cuts the reward for mining Bitcoin in half. This event, widely seen as a significant moment in the crypto sphere, contro...

The Dogwifhat price has pumped 30% in the last 24 hours to trade at $3.02 as of 12:50 a.m. EST to make it the top gainer on CoinMarketCap. Trading volume surged 12% to $662 million, Dogwifhat Price Poised For A Bull Rally Above The Bullish Pennant Pattern WIFUSDT Analysis By Tradingview The WIF price is poised for a bull rally as the bulls continue the surge within the ascending triangle pattern. The bulls have discontinued the bearish trend at the $2.17 support level, indicating regaining price control. If the momentum continues, the bulls could fly the price above the triangle, continuing the bullish trend and initiating another bull rally.  Moreover, the technical indicators support the momentum. The bulls have pushed the price above the 50 simple moving average on the 4-hour chart, affirming the bullish outlook. The Relative Strength Index (RSI) indicates a rebound on the 37 level flying above the 50 midline level to 59, indicating intense buying pressure. If the bu...

The crypto market is influenced by Bitcoin’s recent surge to all-time highs, potentially signaling the start of an altcoin season. As Bitcoin reaches new milestones, it attracts renewed interest in the crypto space. This heightened attention leads to increased trading activity and speculation not only in Bitcoin but also in altcoins. Consequently, some investors seize this opportunity to diversify their portfolios by exploring promising crypto projects that show potential for growth and innovation. In this article, we’ll discuss the best cryptocurrencies to buy with the potential for a 100x return by 2024. Ethereum (ETH) Ethereum, the decentralized blockchain platform, continues its remarkable progress. Recently, its price surged towards $4,000, marking a significant milestone. This surge is driven by anticipation surrounding the upcoming Dencun upgrade, promising improved scalability and transaction efficiency. Furthermore, investor optimism is bolstered by the potenti...

Cilinix Crypto recently made a substantial investment in Green Bitcoin, the latest eco-friendly crypto poised to lead the current bullish market with its outstanding performance. Right now, many investors are pouring money into the cryptocurrency market, hoping to find profitable opportunities. As of March 16, 2024, Bitcoin is aiming to surpass the $70,000 mark again. Amidst this influx of funds, the Green Bitcoin token (GBTC) seems well-placed to attract some of these investments. Experts view it as a promising opportunity due to its eco-friendly focus, which appeals to investors looking for profitable ventures. Greenest crypto raised $5 million in presale Green Bitcoin is a new cryptocurrency with a low market cap and operates on the ERC-20 standard. It’s gaining strong interest during its presale phase. The project aims to blend Bitcoin’s legacy with Ethereum’s eco-friendliness. Unlike Bitcoin’s energy-intensive proof-of-work system, Green Bitcoin (G...

The recent volatility in Bitcoin (BTC) has once again seized the attention of global investors. Earlier today, the cryptocurrency experienced a significant drop, plunging to as low as $67,000, marking a 7% decline. However, it partially recovered to around $68,500. This market turbulence triggered the liquidation of over $100 million in long positions within 12 hours, with a total of $167 million liquidated over the past 24 hours. Analysts interpret this pullback as a typical breather following sharp uptrends. Expert Insights on Bitcoin’s Future Post-Halving As the market reacts to these short-term fluctuations, the focus is shifting towards the upcoming Bitcoin halving scheduled for April 2024. Industry experts are weighing in on how this event could shape BTC’s price trajectory. Here’s what three notable experts have to say: Fred Thiel Fred Thiel, the CEO of Marathon Digital Holdings, shares optimism about Bitcoin’s post-halving trajectory, albeit with a ...

Tesla (NASDAQ: TSLA) CEO Elon Musk has reiterated his support for meme cryptocurrency Dogecoin (DOGE), stating that the electric vehicle (EV) manufacturer plans to enable DOGE payments for vehicles. Musk made the revelations in response to a member of the audience during an event at the Tesla Berlin manufacturing plant. He noted that his support for DOGE is rooted in the cryptocurrency’s grassroots backing, citing it as a driving factor behind the decision. He emphasized the community-driven nature of Dogecoin, labeling it as the “people’s crypto,” and stressed the importance of catering to the desires of everyday individuals. However, he did not offer the timeline for when the decision would be implemented.  Picks for you AI predicts XRP price for end of 2024 22 mins ago Cryptocurrencies priced in cents set to reach $1 in April  2 hours ago Brace for strong Solana correction; Here’s why 2 hours ago Robert Kiyosaki’s new bubbl...

Throughout its history, Bitcoin (BTC) has many times been deemed a failure and declared dead by critics and skeptics. Interestingly, Bitcoin’s price has increased by $21,000 since the last time it happened in 2024. From traditional finance investors to business owners, government entities, and other high-influence figures, Bitcoin “has died” 476 times since 2010. This data is from 99Bitcoins ’ obituaries. The leading cryptocurrency was declared dead once in 2024. In particular, through a blog article by the European Central Bank (ECB), which said, “Bitcoin has failed.” On this occasion, BTC was trading at $51,304, now up over 40% at $73,000 by press time. Picks for you Long squeeze alert: BTC and XRP could retrace to these levels 2 hours ago Brace for ‘hot April’ and XRP at $0.77; Here’s why 3 hours ago Here's how many millionaires Bitcoin creates daily 4 hours ago Ethereum Dencun upgrade goes live; Can ETH hit $5k? 4 hours ago Bitcoin ...