Chain News Daily Official TheBitTimes.com

A widely followed trader is leaning bullish on the native token of a decentralized finance (DeFi) crypto project built on the Ethereum (ETH) ecosystem. The analyst pseudonymously known as Credible Crypto tells his 466,900 followers on the social media platform X that it is within the realm of possibility for Curve DAO (CRV) to witness an over 400% rally from current levels. Credible says he sees CRV following in the footsteps of the payments altcoin XRP (XRP) when it witnessed a massive price rise in late Q4. “This is actually quite feasible because once we clear $0.60-$0.80, the next major resistance on CRV is at $2-$3. We already saw how quickly XRP went from $0.50 to $3+ [last] year when many said it wasn’t possible and/or were laughing at the idea. Have been hearing the same with regards to CRV for months now from those who haven’t spent any time actually understanding the protocol, and I’m expecting a similar outcome.” CRV is ...

A Pakistan Counter-Terrorism Department official has been remanded over his alleged role in stealing $340,000 worth of tether (USDT) from a kidnapped crypto trader. Trader Mohammad Arsalan Malik claims he met various buyers after an individual called Hamid repeatedly asked to purchase dollars from him. Malik said that two individuals asked for $30,000 and told him that somebody called Ashar would drop off his payment.  Pakistani media reports that the three waited for Ashar at a restaurant. He reportedly arrived at 1am, followed 40 minutes later by a police van with no number plate and a number of plain-clothed officers. These officers allegedly proceeded to abduct Malik, take him to another location, and force him to transfer $340,000 in USDT from his Binance account . Afterward, his kidnappers reset his phone and dropped him off near a mausoleum.  Thailand cuts power to Myanmar crypto scam center regions Read more: Ledger co-founder David Balland releas...

A popular crypto analyst is outlining which altcoins he think will shine after Bitcoin’s (BTC) price rally. The trader Ali Martinez tells his 99,500 followers on the social media platform X that the key to betting on altcoins is to invest capital early in projects with strong fundamentals. “Forget the meme coin FOMO and the X chatter about overnight meme millionaires. That’s luck, not strategy. If you’re in this game for sustainable gains, focus on projects with real utility that are building something substantial. Here are a few worth watching: Worldcoin: A fresh project with ambitious goals in identity and global finance. Uniswap: The OG of decentralized exchanges with staying power. AAVE: A DeFi powerhouse, already showing strength. Chainlink: The backbone of decentralized oracles, with consistent adoption. Maker: A key player in stablecoins and DeFi. ONDO: Tapping into the rising narrative of tokenized real-world assets. Solana: Speed, scal...

Following the sudden surge in the value of the meme cryptocurrency First City in Mars (TERMINUS), a trader capitalized on the momentum to record a 920-fold return on their initial investment. On-chain data indicates that the anonymous trader turned a $135 investment into a massive $124,000 in just two weeks, thanks to the explosive growth of TERMINUS, according to Lookonchain Analysis in an X post on September 21. Crypto trader’s returns in TERMINUS. Source: Dex Screener The token, traded on Uniswap and paired with Ethereum (ETH), experienced an astronomical rise following speculative social media posts about Elon Musk’s future Mars colony. Picks for you Investor predicts crypto to $10 but dumps millions below $4 – Why? 8 mins ago ...