Analysis Today TheBitTimes.com

Key takeaways Bitcoin continues to trade below $52k and could rally higher soon. The Bitcoin Dogs presale has raised more than $3 million roughly a week after launch. Bitcoin could surge towards $55k soon The cryptocurrency market has been consolidating over the last few days following its rally last week. Bitcoin’s price has been stagnant since the start of the week but could surge higher soon. At press time, the  price of Bitcoin stands at $51,613, down by 1% in the last 24 hours. The poor performance comes after it reached a yearly high of $52,623, its highest level since 2021. Thanks to the recent rally, Bitcoin’s total market cap has now crossed the $1 trillion mark for the first time in more than two years. Despite the recent consolidation, Bitcoin could be eyeing the $55k level soon as the bulls remain in control.  What is Bitcoin Dogs? With Bitcoin rally ing since the start of the year, investors continue to keep an ey...

BTC options expiry reveals short-term volatility post ETF approval. Bitbot’s presale on Jan 17 promises unprecedented excitement with self-custodial solutions. With a total supply of 1 billion tokens, Bitbot aims for a $1B market cap and top listings. As 2024 signals the potential start of a new bull run, the crypto market is buzzing with excitement. The recent Bitcoin ETF approval sparks short-term volatility, while Bitbot, a revolutionary Telegram trading bot, gears up for its token presale on January 17. In this article, we delve into the first anticipated Bitcoin options expiry post Bitcoin ETF approval and the upcoming Bitbot presale , exploring the potential for exhilarating opportunities in the evolving crypto landscape. First BTC Options expiry post Bitcoin ETF approval The approval of the Bitcoin Spot ETF on Wall Street has set the stage for unprecedented market movements. Despite the historical significance, Bitcoin’s price exhibit...

Key takeaways The Mememinator project has raised more than $1.4 million so far. The sixth presale stage is close to an end and the team will initiate the seventh stage soon. November has been an excellent month for the cryptocurrency market so far, with the prices of most coins up by 20% over the last few days. Memeinator is still in its presale stage and has raised a significant amount so far.  What is Memeinator? Memeinator is a Web3 project that seeks to become one of the leading meme coins in the world. It has a unique project perspective and is offering value to investors and content creators. According to the whitepaper, the team is leveraging the recent growth of the meme coin industry and intends to provide users with a wide range of utilities.  Memeinator will be a project that destroys worthless memes on the internet, allowing users to have access to only quality memes.  Memeinator wants to set itself apart from the thous...

Key takeaways Ether has crossed the $2,100 level for the first time in months as the crypto market continues to rally. Shiba Memu’s presale is now closing in on the $4.5 million mark. The cryptocurrency market has been on a bullish run over the past few days, with the prices of most coins up by over 5%. Ether is one of the best performers in the market and is now trading above the $2,100 level. Shiba Memu continues to set new milestones for its presale and will soon reach the $4.5 million mark Ether hits the $2k mark  Ether, the second-largest cryptocurrency by market cap, is trading above the $2,100 level for the first time in months. The rally comes as the broader cryptocurrency market recorded excellent gains over the last few days. The positive performance also comes after the BlackRock iShares Ethereum Trust was registered in Delaware earlier this week. Investors are optimistic that the world’s biggest asset management firm will ...

Memeinator aims to dominate by destroying weak meme cryptocurrencies. Memeinator has entered stage 5 of the presale as the price rose to $0.0125. MMTR could rise 10x in 2024 and 50x in 2025 on increased speculation and demand. With 5 of 29 stages completed, Memeinator has shown no signs of stopping its fire  presale . Over $1.128 million has been raised through stage 5, helping the token rise to $0.0125. The price is now set to rise to $0.0133 in the next stage, delivering substantial returns to presale buyers. After its 29-stage presale, Memeinator will have returned 132% ROI to early investors. The post-listing gains are projected to be huge, owing to Memeinator’s value proposition. “Meme killer” Memeinator role in meme space Think of big names in the meme investment landscape. Dogecoin, Shiba Inu, and PEPE are notable examples that have made a killing for investors. This hasn’t always been the case for other meme proje...

There is a dynamic transformation in the stablecoin scene following the recent introduction of PayPal’s USD stablecoin. With its entry, there are questions about its potential impact on existing options like USDC. Meanwhile,  Borroe’s   presale is ongoing and continues to attract supporters and investors.  PayPal’s stablecoin PayPal’s recently launched a USD-backed stablecoin for users to transfer funds between digital wallets, facilitate person-to-person payments, and permit purchases via digital currencies.  You might also like: USDC issuer creates $1 billion cash buffer days after PayPal’s entry Additionally, users can easily convert supported cryptocurrencies to and from PayPal USD. Backed by USD deposits, short-term treasuries, and cash equivalents, the stablecoin mirrors the 1-to-1 ratio redemption characteristic of most USD-backed stablecoins.  To launch this stablecoin, PayPal partnered with Paxos Trust Company, a N...