Chain News Daily Official TheBitTimes.com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The overall feeling in the market was positive from the close of October 2024 until the beginning of this year. Last month, Bitcoin (BTC) rose above its all-time high and surpassed the 100K mark. Eventually, it exceeded $103K before dropping to 96.4K as of press time today. Meanwhile, many investors have already made plenty of gains from the November/December 2024 bull run. Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions 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 the presale token Solaxy. This new meme coin offers...

The cryptocurrency market is facing some challenges, with Bitcoin hovering around $94K and the global market capitalization at $3.2 trillion. Amidst the bearish sentiment, certain projects are standing out as potential opportunities. Here’s a breakdown of five cryptos currently making waves. Solaxy (SOLX) Solaxy is a Layer-2 scaling solution built to improve Solana’s performance and reduce network congestion. Solana offers fast transactions with low fees, but growing demand has caused bottlenecks, leading to failed transactions and delays. Solaxy aims to solve these issues with off-chain processing and better scalability. One key feature of Solaxy is off-chain transaction processing. Instead of running every transaction on Solana’s main network, Solaxy processes them externally before finalizing them on-chain. This reduces data load and keeps transactions smooth, even during high traffic. Solaxy also includes transaction bundling, which groups multiple transactio...

The Pepe price plunged over 6% in the last 24 hours to trade at $0.000009289 as of 10:41 p.m. EST as investors decrease their exposure to the meme coin. With the recent drop, the PEPE price is now down more than 40% on the weekly time frame as well. Pepe Price In A Consolidation Phase 4-hour chart for PEPE/USD (Source: GeckoTerminal) The Pepe price has been in a consolidation phase between $0.000008683 and $0.000010382 over the past few days, data from GeckoTerminal shows. This period of sideways trading might be the build up to a big move for the frog-themed meme coin. In recent hours, the Pepe price has started to drop towards the lower boundary of the consolidation channel at $0.000008683. Should it fall below this point within the next 24-48 hours, the crypto might be at risk of plunging to as low as $0.000007292 in the short term. On the other hand, traders identifying PEPE’s current levels as a buy opportunity could lead to a more bullish scenario playing out. The P...

Many types of crypto projects are launching this year, but AI-powered ones stand out as some of the most valuable. One example is MIND of Pepe, a new AI-driven meme coin that helps $MIND token holders stay ahead of others. It aims to provide holders with a smart, self-improving AI agent that tracks the market in real time and delivers accurate predictions, helping them make better investment decisions. Here’s a closer look at how it works. MIND of Pepe: AI-Powered Meme Coin Changing Crypto Trading The crypto market is going through a period of high volatility, making it tough for investors to earn profits and predict which platform will perform well. Many factors come into play, and even experienced traders struggle to keep up. MIND of Pepe (MIND) stands out as a strong investment choice because it simplifies trading with a self-evolving AI agent. This AI scans sentiment across social media platforms like X and Telegram in real time. By interacting with influencers, it gath...

The Bitcoin price fell 2.4% in the last 24 hours to trade at $95,371 as of 00:04 a.m. EST on trading volume that plunged 9% to $31 billion. That came despite news that Goldman Sachs upped its BTC ETF (exchange-traded fund) holdings by 114% to $1.52 billion. It purchased $1.28 billion worth of shares in the BlackRock iShares Bitcoin Trust (IBIT) and $288 million worth of Fidelity Wise Origin Bitcoin Fund (FBTC), according to a 13F filing on Feb. 11. In a 13F filing today, Goldman Sachs reported the following positions as of December 31. For each position, the change in shares occurred during October, November and December (so this includes the post-election period): $1.27 billion IBIT (24,077,861 shares). This is an 88%… — MacroScope (@MacroScope17) February 11, 2025 BTC Price Trading Within Support The BTC price bulls took control of the price in October after a prolonged consolidation within the $64,500 level to push it to an all-time high (ATH) of around $108,786...

The Solana price climbed 1% in the past 24 hours to trade at $192.7 as of 09:21 p.m. EST on trading volume that jumped 5% to $5.3 billion. This comes after the US Securities and Exchange Commission (SEC) formally acknowledged NYSE Arca’s filing for a rule change to list and trade shares of the Grayscale Solana ETF (exchange-traded fund). The move now brings the possibility of a Solana-backed investment vehicle. 🔥 JUST IN : According to Bloomberg ETF analyst James Seyffart, the US SEC has acknowledged the #Solana💰 19b-4 filing submitted by Grayscale. Previously, the SEC refused to process Solana-related filings in multiple attempts. — Crypto TA King (@CryptoTA_King) February 7, 2025 According to a February 6 filing, the SEC has opened a public comment period for the proposed rule change, allowing interested parties to submit feedback. Solana Price Could Rebound The SOL price chart Analysis on the 12-hour chart shows that the asset has recently forme...

The crypto market remains in the midst of a strong bull run, with the total market capitalization reaching $3.1 trillion. However, there is potential for this figure to climb even higher, possibly reaching $5 trillion or more before the cycle concludes. While the volatility of the market makes it difficult to predict exact outcomes, several meme coins are currently gaining attention. These assets come with inherent risks but also present opportunities for high returns. Official Trump (TRUMP) Official Trump has experienced some short-term declines, showing weakness both on the daily and weekly charts. However, its long-term potential remains strong, given its association with former U.S. President Donald Trump. The coin has seen consolidation around the $17 mark, with an initial entry at $13. While a better strategy may have been to sell at its peak of $60 and reaccumulate at lower levels, the coin still holds promise due to its $3.5 billion market cap and a circulating supply of 20...

The Solana price surged over 15% in the last 24 hours to trade at $216.78 as of 9:56 p.m. EST as investors go long on the altcoin. Despite the recent gain, the SOL price was not able to erase the losses it suffered over the last week. As a result, the crypto remains more than 8% in the red on the weekly time frame. Solana Price Trying To Establish A Technical Support 4-hour chart for SOL/USDT (Source: GeckoTerminal ) The Solana price rebounded off of the $186.92 support in the last 24 hours and is now attempting to establish a position above the $213.69 resistance level.  Should the altcoin close the next 2 4-hour candles above $213.69, it could have the space needed to challenge the $245.81 resistance next. An extremely bullish case might see SOL rise to $281.49. On the other hand, the Solana price falling back below the $213.69 mark could result in a more bearish scenario playing out that might lead to SOL plunging to the $186.92 support again. Technicals Suggest The Sol...