China News Daily TheBitTimes.com

According to Brian Armstrong, the CEO of Coinbase, a leading digital asset trading platform, the convergence of the crypto world and artificial intelligence opens up vast possibilities. Meanwhile, the major crypto exchange Bitget is preparing to list Hamster Kombat’s native token, HMSTR, on its platform. This move aims to broaden the reach of this popular crypto project to a global audience. In addition, Ripple Labs, a FinTech company known for its blockchain and cryptocurrency solutions for cross-border payments, has emphasized how local banks can turn global payment challenges into growth opportunities for small and medium-sized enterprises (SMEs). Due to these recent happenings, investors have remained positive. For smart investors seeking to capitalize on this positive outlook, this list covers the 5 best altcoins to watch today. 5 Best Altcoins To Watch Today  Aave Labs is moving forward with plans to integrate BlackRock’s tokenized fund, BUIDL, into its GHO Stability Module (G

New data unveils that BlackRock’s iShares Bitcoin (BTC) Trust (IBIT) has suffered outflows for just the second time since being launched in January. According to new information from London-based investment management firm Farside Investors, BlackRock – a firm with over $10 trillion in assets under its management – saw its BTC exchange-traded fund (ETF) weather its second day of outflows ever earlier this week. On August 29th, IBIT saw $13.5 million worth of outflows. The last time the ETF saw outflows was on May 1st when it saw $36.9 million leave its coffers. However, May 1st is the only recorded day to see every single major BTC ETF see outflows. The data reveals that IBIT’s average amount of inflows per day comes out to $130.7 million – the highest out of all BTC ETFs – while its best day on record saw it haul in $849 million. Furthermore, it was found that Grasycale’s Bitcoin Trust (GBTC) is struggling the most out of all BTC ETFs as it averages $123 millio

1. Telegram Founder Pavel Durov Arrested in France link The founder and CEO of Telegram, Pavel Durov, was arrested at a French airport last Saturday evening at 20:00 local time (GMT 18:00). The arrest was carried out by the French Air Transport Gendarmerie (GTA) upon his arrival from Azerbaijan. He was detained based on a French search warrant issued by the Office of the National Police (OFMIN) following a preliminary investigation. French judicial authorities accuse Durov of facilitating drug trafficking, child crime activities, and fraud through Telegram by failing to moderate content, refusing to cooperate with law enforcement, and providing tools such as disposable numbers and cryptocurrency. Following the arrest, TON (The Open Network) saw a 13.2% drop in value over the past 24 hours. In response to the arrest, the TON community issued a statement assuring everyone that the community remains strong and fully operational. The statement emphasized their commitment to free speech and

The community behind layer-1 blockchain The Open Network (TON) is rallying behind the messaging platform Telegram’s founder, Pavel Durov, who is currently detained in France. French authorities arrested Durov at the Le Bourget Airport last weekend on a warrant related to Telegram’s alleged failure to moderate content linked to drugs, fraud and other criminal activities. In a post on social media platform X, the TON Society is asking the public to support an initiative to free Durov by signing an open letter urging France to release the 39-year-old. “Anyone who values privacy and freedom of speech should sign this letter to French authorities. We hope to reach hundreds of millions of signatures. We urge the French authorities to Free Mr. Pavel Durov from detention.  Allow Telegram to protect the freedom of expression and right to private life for its users. The #DigitalResistance is now. #FREEDUROV.” The open letter says the arrest is a blatant attack on freed

Fears circulated on Wednesday of a liquidity crisis at Binance. After people claimed that customers withdrew 44,808 bitcoins — screenshotting yet failing to cite CoinGlass data in almost all of their posts — the mysterious number spread like a conspiratorial wildfire. On August 28, 44,808 bitcoin left the exchange, according to a 24-hour snapshot on CoinGlass. (Notably, CoinGlass competitor Arkham does not show this net change in Binance bitcoin holdings, suggesting that the withdrawals were quickly serviced with replenishments from cold storage in the same 24-hour period.) Indeed, on August 27 — just hours before those withdrawals commenced — Binance moved 30,000 bitcoin from its cold storage wallet to an omnibus hot wallet so that it could service those August 28 withdrawals in an orderly fashion. The fearmongers omitted that detail. Aiming to broadcast the scariest number possible, they also omitted Binance’s total assets which contain at least $70 billion of non-bitcoin assets

Russia’s recent decision to set up cryptocurrency exchanges is causing a stir in the financial sector. This move might indicate a change in global financial strategies, especially as other countries consider BTC part of their reserves. With major nations like Russia and China showing interest in cryptocurrencies, the market could enter a new digital currency phase.  If more countries begin to stockpile digital assets, its increasing scarcity could boost its value, potentially altering the global financial scene. As digital currencies gain traction, investors are looking for the best cryptocurrencies to invest in right now to make the most of these opportunities. Best Cryptocurrencies to Invest in Right Now AVAX has experienced a modest recovery in its price recently, marking a 1.20% increase over the past week. Moreover, Injective has introduced the Remix Web IDE, that allows developers to build, test, and deploy smart contracts directly from their browsers. Additionally, Internet

The Notcoin price pumped over 5% in the last 24 hours to trade at 6:13 a.m. EST as investors rush to buy the altcoin. Despite this recent gain, the NOT price is still more than 12% in the red on the weekly time frame. Its monthly performance is also negative after the crypto dropped 32% over the past 30 days. The Notcoin Price Hovering Above A Key Support 4-hour chart for NOT/USD (Source: GeckoTerminal ) The Notcoin price is resting on the key support level at $0.007840. Should it drop below this technical safety net in the coming 24 hours, the altcoin could be at risk of falling to the subsequent mark at $0.006122. On the other hand, NOT maintaining a position above the $0.007840 mark for the next 24 hours might invalidate the bearish thesis. In this alternative scenario, traders could identify the Notcoin price as a good buy opportunity. With this potential buy pressure, the crypto might attempt to flip the $0.010092 resistance into support. Thereafter, it could rise to $0.01

BlackRock’s leading Spot Bitcoin ETF has seen its largest inflow in a month amid BTCs recent slip. Indeed, the $10 trillion asset manager iShares Bitcoin Trust (IBIT) has observed its largest inflow since July 22. Moreover, it took place as the leading crypto fell below the $64,000 level. It has been a volatile few months for Bitcoin and for its various ETF offerings. Yet, BlackRock has remained in the driver’s seat, with its recent performance looking like a return to form the investment offering. This could especially be true as investors are looking to take advantage of BTC’s underwhelming position. Source: Financial News London Also Read: BlackRock to Launch L2 Network Compatible With Ethereum? BlackRock Bitcoin ETF has Largest Inflow Since July 2024 has been quite the year for Bitcoin. Although it had reached an all-time high of $73,000 in March, it hasn’t enjoyed that level of success since. In the last 30 days, the token has fallen more than 9% according to CoinMarketCap. Additi

When French authorities arrested Telegram founder Pavel Durov after his attempted meeting with Vladimir Putin, conspiracy theories spread like wildfire. Andrew Tate was early to spin the news in his favor, writing on X (formerly Twitter), “The owner of Telegram, Pavel Durov, has just been arrested in France for failing to censor the truth on his application. “Potential charges include support for terrorism, drug trafficking, complicity in crimes, mass fraud, money laundering, concealment, pedophile content, sanctions evasion, and more.” Others soon re-posted his non-falsifiable dog whistle, earning it millions of impressions and hundreds of thousands of likes. Mischaracterizations of Durov’s arrest proliferated. Fans of Durov, casting the billionaire as a bulwark of privacy and free speech, immediately posited that authorities were leveraging his arrest to coerce him to install backdoors in Telegram for governmental monitors. Of course, this theory assumes that Durov had consist