China News Daily TheBitTimes.com

Circle’s dollar-pegged stablecoin USDC has officially gone live on the layer-1 chain Aptos (APT). Aptos’ native token, APT, is up on the news, surging by 5.5% in the past 24 hours. The 38th-ranked crypto asset by market cap is trading at $7.91 at time of writing. Coinbase, the top US crypto exchange, has already added Aptos-native USDC to its listing roadmap. In November, Aptos first announced that it planned to integrate USDC, as well as the fintech giant Stripe’s payment services. Stripe will provide a fiat on-ramp for the Aptos network. The payments firm reemerged in the crypto sector in October when it rolled out support for USDC settlements. It had previously enabled payments made using Bitcoin (BTC) until 2018, when the firm discontinued its support, citing BTC’s lack of utility as a payments rail. Native USDC stablecoins are officially issued by Circle and are redeemable 1:1 for US dollars. USDC is the second-largest stablecoin with a market ...

The MANTRA price surged 18% in the last 24 hours to trade at $5.64 as of 2.10 a.m. EST on trading volume that skyrocketed 165% to $498.35 million. Yesterday, the OM price soared, going from $4.75 to $5.85 in only a few hours. The resistance at $5.75 ended up rejecting the price, causing a slight correction. However, MANTRA found a strong support at $5.50, which allowed it to keep bouncing up and down between these two levels. The fluctuations seen since then have been mild, resulting in a fairly flat performance. However, this could change with a strong enough catalyst. MANTRA Price Prediction During yesterday’s price surge, the OM Bollinger Bands widened extremely sharply as the price pushed the upper band further up. However, after the price hit its limit and corrected slightly, the bands quickly narrowed again, just like before the increase. In fact, over the last 12 hours, they were tightening more and more with each passing hour. The price was mostly fluctuating between ...

A widely followed analyst is leaning bullish on a memecoin in the Solana (SOL) ecosystem amid a rout that has seen the crypto asset lose 72% of its value from the all-time high. The analyst pseudonymously known as Bluntz tells his 314,000 followers on the social media platform X that dogwifhat (WIF) might have bottomed out after completing a correction in a three-wave pattern on the weekly time frame. The analyst who regularly applies the Elliott Wave theory in his technical Analysis says that while WIF’s bearish trend lasted longer than he had originally anticipated, there are “some nice signs of life forming” on the memecoin’s low time-frames. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern. While cautioning that it’s too early to conclude that a bull run is underway, Bluntz says, “Obviously very early days and we haven’t seen a five-wave rise...

Electric vehicle manufacturer Tesla reported a $589 million gain on its Bitcoin holdings in the fourth quarter last year after a change in US accounting rules that allowed companies to record the market value of crypto on their books. Tesla, which was founded by technology billionaire Elon Musk, released its Q4 2024 results yesterday. They show that the company valued its holdings in BTC at more than $1 billion, a substantial increase from the $184 million it logged during previous quarters. New FASB Rule Lets Companies Record Market Value Of Crypto A 2023 Financial Accounting Standards Board (FASB) rule that came into effect around the middle of December 2024 lets companies use the estimated value of their digital asset holdings in their balance sheets.  Prior to the new rule, a corporate’s crypto holdings decreased on the books if the digital assets lost value in an accounting period. The recorded value of the assets would then not increase until the company sold the...

Shiba Inu (SHIB) has seen ample success in its four-year history. The asset’s price skyrocketed during the 2021 bull run. Early investors made massive gains with small investments. The asset’s price has taken a hit over the last few years. SHIB is struggling to regain the same momentum. The asset is down by 78.5% from its all-time high of $0.00008616. While SHIB struggles to gain footing, let’s discuss some ways in which the asset could surge to a new high of $0.001. Also Read: Dogecoin ETF: How High May DOGE Rise In 2025? Top 3 Ways Shiba Inu Can Hit $0.001 1. Massive SHIB Burn Initiative Source: Watcher Guru One of the most substantial catalysts for SHIB’s incredible performance in 2021 was Vitalik Buterin‘s token burn. The Ethereum co-founder received half of SHIB’s supply upon launch. Buterin decided to burn 90% of the tokens he received. His actions led to a significant supply dip while demand was high, causing a massive rally. Also Read: Ripple ...

TRON (TRX) continues to captivate the crypto market with its robust ecosystem and innovative advancements. Trading at $0.241, it reflects a balance of bullish and bearish forces, with its market cap standing at an impressive $20.9 billion. As TRX consolidates within key technical levels, could it be gearing up for a breakout to reclaim $0.302 and beyond? TRX Key Statistics Current Price: $0.241 Market Cap: $20.9 billion Trading Volume (24h): $525.4 million Circulating Supply: 86.1 billion TRX Total Supply: 86.1 billion TRX CoinMarketCap Ranking: #10 Compared to its highest price over the past 30 and 7 days, TRON (TRX) has declined by 11.21% and 6.88%, respectively. However, it has risen by 11.86% and 4.16% from its lowest recorded price during the same periods. TRX/USD Market Key Levels Resistance:  $0.245, $0.272, $0.302. Support:  $0.219, $0.200, $0.116. TRXUSD – Daily Chart TRXUSD appears to be consolidating near $0.241, hovering slightly abov...

Meme coins often rally due to sentiment, hype, and viral trends. However, a select few are gaining real traction because of their unique value propositions and strong potential for substantial returns. Presale tokens have already proven their potential, delivering substantial gains for early investors, as seen with projects like Pepe Unchained. Currently, some meme coins are in presale, while others are actively traded. Below are five meme coins that are gaining momentum, each with distinct Features that could drive impressive growth in the near future Toshi (TOSHI) The first coin on the list is Toshi (TOSHI), a meme coin that has made a notable impact with a $500 million market cap. Toshi’s increasing popularity is evident, as many in the crypto community believe it could reach a $1 billion market cap. Recently, Toshi has experienced significant price movements, including hitting a new all-time high. Several factors are driving this rally. For one, Bybit Futures launched in...

Blockchain firm Ripple has announced the acquisition of Money Transmitter Licenses (MTLs) in New York and Texas as the company seeks to expand its domestic footprint in the United States. Ripple noted that the new licenses align with a period of growing demand in both states for compliant, real-time global payment solutions, the company said in a statement on January 27. “We’re continuing to see more interest from financial institutions to crypto businesses that want to unlock the benefits of crypto and blockchain for faster, cost-efficient and 24/7 cross-border payments. <…> Ripple is well-positioned to support companies who are ready to take advantage of the current landscape,” said Joanie Xie, Managing Director of North America at Ripple. Picks for you Key gold price levels to watch this week 2 ...

The Bitcoin Maxi Tears price plummeted 78% in the last 24 hours to trade at $0.001047 as of 04:59 a.m. EST on trading volume that surged to $1.7 million. The Bitcoin Maxi Tears (BMT) token launched on the XRP Ledger (XRPL), which was playfully poking fun at the rivalry between Bitcoin Maximalists and the rising XRP Ripple community. Bitcoin Maxi Tears Price On A Bearish The BMT price on the 15-minute chart indicates a clear falling wedge pattern, as defined by the blue parallel trendlines.  This pattern represents a steady bearish trend, with the Bitcoin Maxi Tears price forming lower highs and lower lows throughout the observed period. The BMT price is currently trading near the lower bound of this channel at $0.001047, showing some attempts to stabilize. The candlestick structure suggests weak bullish momentum in the downward channel, with occasional upward wicks testing the upper trendline resistance. However, these moves have failed to break the upper boundary, leading t...

One of the leading meme coins on the cryptocurrency market could be set to see its price heavily increase. Indeed, Shiba Inu has seen a bullish signal emerge on its price chart that could indicate an 18% rally is emerging for SHIB in the near term. The development could prove to be a monumental opportunity for the passionate investors of the cryptocurrency. The asset had gained as much as 2% Friday but had suffered notable losses over the course of the last seven days. However, things look to be turning around for the meme coin. With its burn rate jumping 1000%, there could be big things in store for one of the most well-known tokens in the industry. Source: Pixabay Also Read: Dogecoin Price Could Surge 200% if Shiba Inu Reaches $1 Trillion Market Cap Shiba Inu Set For Bull Rally? Price Chart Indicates Big Things Ahead for SHIB Regardless of the divisiveness of meme coins, their popularity is undeniable. The asset class has seen these tokens grow in their utility as they seek to become...

SEC’s elimination of SAB 121 transforms crypto custody rules for traditional financial institutions. Large banks like USBank and BNY can now expand digital asset services. The regulatory change opens doors for broader institutional crypto involvement. Industry experts predict a gradual transition with an initial focus on Bitcoin and Ethereum. Bank custody services will likely drive crypto ETF market consolidation and growth. Most banks will take years to fully integrate comprehensive crypto custody capabilities. New Cryptocurrency Releases, Listings, & Presales Today Cerebrum Cloud democratises enterprise AI by providing no-code tools and cost-effective infrastructure solutions. BuildX simplifies XRP Ledger trading with AI-driven analytics and customisable wallet creation tools. MeshChain decentralises computing power, enabling affordable AI workload processing through global resource-sharing networks.  1. Cerebrum ($CBM) Cerebrum Cloud revolutionises enterprise AI s...