Chain News by Thebittimes.Com

The Dogwifhat price plunged over 11% in the last 24 hours to trade at $2.03 as of 12:40 a.m. EST as investors offload their holdings in the meme coin on the market. With this recent pull back, the WIF price is also in the red by more than 19% on the weekly timeframe and 11% over the past month. The Dogwifhat Price At A Crucial Point 4-hour chart for WIF/USD (Source: GeckoTerminal ) The Dogwifhat price is testing the critical support level at $2.0233. Should the crypto fall below this point, it might stand the risk of falling to the next key mark at $1.7192 in the following 24 hours.  On the other hand, WIF closing the next three 4-hour candles above $2.0233 could invalidate the bearish thesis. In this alternative scenario, the meme coin might attempt to flip the $2.3272 resistance level into support. Overcoming this technical barrier could then give the Dogwifhat price the space needed to rise to as high as $2.6162 in the short term. Technicals Suggest The Dogwifhat Price ...

Tether released its assurance opinion for Q2 2024, revealing record-breaking profits of $5.2 billion in the first half of 2024. The USDT stablecoin issuer revealed the second quarter of 2024 marked a significant milestone in net operating profit of $1.3 billion. According to Tether , it’s their best result ever. JUST IN: Tether reports record-breaking profit of $5.2 billion for the first half of 2024. — Watcher.Guru (@WatcherGuru) July 31, 2024 Q2 also revealed “an unprecedented achievement in direct and indirect ownership of U.S. Treasuries, surpassing $97.6 billion, a new all-time high” according to the Tether press release. Tether ’s Group Equity increased by $520 million after considering the drop in BTC prices. Furthermore, the company says that part of the profits of the second quarter were reinvested in strategic projects. These projects support the Tether ecosystem while maintaining a sizable amount of excess reserves ($5.3 billion) to further t...

Popular crypto YouTuber Austin Hilton reviewed Pepe Un chain ed, which recently surpassed $6 million in presale, fueled by excitement over its layer-2 (L2) block chain . L2 is a technology built on the Ethereum network to enable faster, cheaper transactions, making Pepe Un chain ed the first Pepe token on its own chain . With its presale’s success, the growing interest in meme coins reveals their potential to disrupt traditional financial systems and the market’s hunger for innovative projects that deliver genuine utility alongside their meme appeal. Pepe Unchained – Advancing Meme Coins Through Layer-2 Efficiency and High Staking Rewards Given the strong demand for meme coins, Pepe Un chain ed is setting itself apart with an innovative approach to address the limitations of typical utility-less tokens. The project will introduce its own L2 block chain , fully compatible with Ethereum but offering notable advantages. While Ethereum meme coins often face high tradi...

As the cryptocurrency market continues to evolve, investors and analysts alike are turning their attention to promising tokens that could lead the next wave of growth. Among these tokens, Cardano (ADA) and Mpeppe (MPEPE) are gaining significant traction. Analysts predict that both of these cryptocurrencies could skyrocket by 100%, dominating the market in the coming months. Cardano (ADA): Preparing for a Major Leap Cardano (ADA) is currently trading at $0.411165 USD, with a market cap of $14.76 billion USD. The 24-hour trading volume stands at $305.26 million USD, with Cardano (ADA) showing a positive change of 0.62% in the last 24 hours. These numbers underscore the growing interest and confidence in Cardano’s potential. Recent Developments in Cardano (ADA) The Cardano (ADA) network is on the brink of a major upgrade with the upcoming Chang-Hardfork. This hardfork is part of the transition to the Voltaire era, which aims to introduce decentralized network governa...

As he continues to warn about the nationwide crisis that he believes is about to sweep the United States, Robert Kiyosaki has predicted that the collapse will begin in California for a number of reasons and then spread across the rest of the country, with other states to follow. Specifically, the popular investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ has referred to California as a “bell-weather [sic] state,” explaining that it means “what happens in California happens to the rest of the US,” according to his X post on July 30. California is a BELL-Weather state. That means what happens in California happens to the rest of the US. The problem is California is going broke. California will begin raising taxes and cutting subsidies to the poor, to prisons, environmental problems, and teachers unions.… — Robert Kiyosaki (@theRealKiyosaki) July 29, 2024 Indeed, Kiyosaki was referring to the term “bellwether,” which the Cambridg...

The Neiro price plummeted 46% in the last 24 hours to trade for $0.01743 as of 09:30 a.m. EST. The NEIRO token’s dump comes amid controversy over insider buying, with reports that the project’s developer made up to 5,169X profit. On-chain detective Lookonchain reported that the developer initially invested 3 SOL worth $552 to purchase 97.5 million Neiro tokens. The developer then sold 68 million Neiro tokens for 15,511 SOL, equivalent to approximately $2.85 million. This happened on multiple wallets, achieving a realized profit of 15,508 SOL ($2.85 million), representing a gain of 5,169 times the initial investment. The dev of $Neiro has made 15,508 $SOL($2.85M) with only 3 $SOL($552), a gain of 5,169x!😱 He spent 3 $SOL($552) to buy 97.5M $Neiro when deploying $Neiro. Then he sold 68M $Neiro for 15,511 $SOL($2.85M) through multiple wallets, with a realized profit of 15,508 $SOL($2.85M).… pic.twitter.com/0PBP6gpJ0e — Lookonchain (@lookonchain) July...

Do you remember the 2020 altcoin bull run? And more importantly, do you remember what happened right before that? If you forgot, let’s remind you that right before the explosion of the altcoin market back in 2020, Ethereum ($ETH) recorded a downward trend for days. But after a challenging period, $ETH suddenly exploded, experienced a significant surge, and pleasantly surprised the crypto community. What does this have to do with the current situation in the crypto market? Crypto Jack, one of the most respected crypto experts, compares the current period to 2020 and observes a similar pattern, believing that a similar scenario could happen again! He thinks the recent $ETH price drop is the first indicator suggesting that the 2020 altcoin bull run is back and that several other altcoins, along with $ETH, are set for impressive value growth! ...