Features News TheBitTimes.com

WLD price up 10% as Worldcoin opens verification in Singapore. Worldcoin has also seen its World ID-compatible wallet surpass 5 million users and 30 million transactions. Worldcoin price rose to a new all-time high of $4.69 on December 17. Worldcoin (WLD) has increased by more than 10% in the past 24 hours, hitting highs of $3.96 as bulls attempt to reclaim the $4.00 area. WLD was changing hands around $3.81 with gains over the past 30 days at 55%. According to CoinGecko data, the WLD price at the time of writing was about 18% from the ATH of $4.69 reached on December 17. Worldcoin expansion continues with Singapore launch The latest upside for WLD comes after the recent World ID 2.0 launch and the open sourcing of the Worldcoin iris recognition pipeline. World ID 2.0 introduced Apps, allowing for integrations with the likes of Reddit, Shopify, and Telegram for online accounts verification. On December 27, Worldcoin announced that its World ID verifi...

As the year draws to a close, we do an NFT market Analysis , mapping its trajectory and comparing it with the predictions experts have laid out for 2024. 2023 was not the best year to be a non-fungible token (NFT) holder or trader. Following nearly two years of unprecedented growth, a liquidity plunge hit the NFT market in Q4 2022, persisting into mid-2023.  It caused the floor prices of at least 95% of NFT projects to crash near zero levels, as revealed by a dappGambl report from September. To stress the gravity of the situation, the report indicated that nearly 80% of all NFT tokens remained unsold as there was virtually no demand to keep up with the supply. Furthermore, per dappGambl, less than 1% of nearly 9,000 top NFT collections it surveyed had a value north of $6,000. About 41% were priced between $5 and $100, while 18% were worthless, with a floor price of 0 Ether (ETH). Dead NFTs | Source: dappGambl report NFT market analysis for 2023 Despite the decline in the broad...

As the cryptocurrency sector grows larger, its participants increasingly become targets of hacking attempts, rug pulls, and even outright threats to their lives, including in the shocking case of the kidnapping of a crypto miner in the city of Izhevsk, Russia. Specifically, a criminal gang had recently targeted a 23-year-old cryptocurrency miner, forcibly taking him from the yard in front of his house and driving away in a vehicle registered to a Perm retiree on December 25, according to a report by Ren TV on December 27. Afterward, the kidnappers, one of whom was familiar with the victim, reached out to his brother via Telegram, demanding a ransom in the amount of 15 million rubles (around $166,000). Otherwise, they said they would plant drugs on the abductee and hand him over to the police. However, the authorities managed to quickly find and detain the perpetrators, who already had a criminal record, including for prior charges of robbery and extortion, and who are now facing ...

Amid growing hype around meme coin Shiba Inu’s quest to eventually reach $0.01, WatcherGuru connected with three SHIB investors to learn how they plan to spend their potential crypto fortune. If Shiba Inu climbs toward a penny, as holders anticipate, these investors could gain life-changing wealth from current prices near $0.00001084. “I’ll Start A Business When Shiba Inu Reaches $0.01” A 31-year-old burger chain employee from Kansas aims to quit his minimum-wage job and launch a real estate company if his SHIB investment pays off. With the housing market booming in Topeka City, he sees an opportunity to capitalize on high rents and property prices. “Rents are off the roof, homes are 1.5x, but that isn’t stopping the housing boom. I’d get into real estate, build a career from scratch, and grow the business,” he revealed. “I’ll Cry When SHIB Reaches 1 Cent” A San Francisco-based software developer confessed he would be moved t...

Arbitrum (ARB) price shows signs of further gains as analyst suggests next hurdle is at $2. Meanwhile, Solana and Axie Infinity are poised at key support levels after recent spikes. Away from Bitcoin and Ethereum, three cryptocurrencies trending today are Arbitrum (ARB), Solana (SOL) and Axie Infinity (AXS). Here’s how the altcoins are poised as the broader crypto market eyes a positive start to 2024. Arbitrum (ARB) price outlook The price of Arbitrum, a rollup chain for scaling Ethereum, has surged more than 11% in the past 24 hours. ARB stands out as one of the top performing coins in the past week with 35% upside, with this coming as Arbitrum bounced from a brief network outage. It currently trades near $1.54, having tested the $1.66 high on Thursday. According to data from CoinGecko, Arbitrum’s current price level sees it just 8% off its all-time high. With sentiment positive, ARB/USD could target the $2 mark to strengthen the anticipated b...

Dogecoin has gained significant popularity as a meme coin, serving as an inspiration for a multitude of other animal-themed cryptocurrencies. These meme coins, as their name implies, were initially created as a lighthearted joke. However, they have experienced a remarkable surge in popularity in recent times. In an attempt to participate in the meme coin frenzy, many users have shown interest in joining this growing trend. Dogecoin played a pivotal role in initiating the meme coin craze and subsequently inspired the development of various coins that aim to emulate its success. With numerous users getting their hands on Dogecoin, a question arises about how high DOGE can go in 2024. With the whole market trading in red and green, here is our price prediction for the New Year. Also read: Polygon New Year Price Prediction: How High Can MATIC Go? Dogecoin Price Prediction for New Year Various factors, such as market conditions, price action, developments, supply, and use cases...

Dec 27, 2023 at 10:21 // Price Author Coin Idol The price of Cardano (ADA) has been moving sideways since the end of the uptrend on December 13. Long-term forecast for the Cardano price: bullish The cryptocurrency reached a high of $0.67 before being pushed back. Cardano was unable to break through the $0.70 resistance level. The altcoin is now trading above the 21-day SMA but below the previous high of $0.65. The barrier at $0.65 has further slowed down the upward movement. The altcoin is now trading between $0.57 and $0.66. The price movement has ...

Are you looking to begin trading or investing in cryptocurrency in Australia? Well, the first thing that you want to do is find reliable and trustworthy platforms to exchange crypto in Australia. With so many options, we understand that it can quickly become overwhelming. To help you, we have drawn up this list of the top five tips to consider in finding and selecting a cryptocurrency exchange. 1. Understand Your Needs and Goals First, you need to identify and understand your needs. Are you looking to simply day trade and only try to earn gains off little movements in the markets? Are you looking to do something a little more complex than simply buying and selling? Or are you looking to trade in large volumes? Exchanges typically offer a varying range of Features , and you need to identify which ones have Features that best align with your needs. When you can find an exchange that aligns with your trading style and investment objectives, this will ensure a mor...

Dec 26, 2023 at 12:54 // Price Author Coin Idol Bitcoin's (BTC) price action is currently constrained by the 21-day SMA support and resistance at $44,700 Bitcoin Price Long Term Forecast: Bullish Bitcoin (BTC) has maintained its range after hitting a high of $44,729 on December 8. In other words, since December 5, the BTC price has been capped by the overhead resistance of $45,000. On December 22, the largest cryptocurrency was rejected again at $44,444. Bitcoin fell above the 21-day simple moving average, but the bulls bought the dips. After the recent ...

Introduction Investing in cryptocurrencies like Bitcoin comes with the technical intricacies of managing a digital wallet and the responsibility of safeguarding the wallet’s private keys. However, exchange-traded funds (ETFs) abstract these challenges for intending crypto investors, particularly institutions, by granting them exposure to their desired asset class without management responsibilities. Table of contents Introduction What is Bitcoin ETF? Types of Bitcoin ETF Spot Bitcoin ETF How Spot Bitcoin ETFs Work Bitcoin Futures ETF How Bitcoin Futures ETFs Work Spot Bitcoin ETF vs. Futures Bitcoin ETF Current Spot Bitcoin ETF Trend Can Bitcoin ETFs Impact Bitcoin Price? Increased Demand Market Validation Trading Activity Conclusion What is Bitcoin ETF? A Bitcoin ETF is a financial product or investment fund that tracks the price of Bitcoin. Bitcoin ETF enables investors to participate in the price fluctuations of Bitcoin without the necessity of directly owni...

Even though Bitcoin (BTC) is becoming more popular and accepted in the mainstream, the skeptics have anticipated its demise many times since its inception nearly fifteen years ago, including on multiple occasions in 2023, despite its price recording a steady and bullish increase this year. Indeed, noteworthy Bitcoin critics, all with thousands of followers, have pronounced the flagship decentralized finance (DeFi) asset ‘dead’ seven times in 2023, adding up to the total tally of 474 times so far, according to the data from the cryptocurrency market information platform 99bitcoins on December 25. Bitcoin year-to-date (YTD) obituaries vs. price chart. Source: 99bitcoins Bitcoin death declarations in 2023 Specifically, the author of the most recent eulogy is Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital and a former senior executive at Facebook (NASDAQ: META), who claimed the maiden cryptocurrency was dead on April 22, when it was trading at $27,...

Shiba Inu (SHIB), the crypto currency inspired by memes, has been a constant source of ambitious dreams for enthusiasts. Recent forecasts from Telegaon are instilling fresh optimism within the community, suggesting that Shiba Inu could potentially reach $0.01 (1 cent) between 2030 and 2040, marking a significant achievement for this popular digital asset. Current Shiba Inu Status As of the most recent update, the price of Shiba Inu has seen a modest uptick of 0.99% in the last 24 hours, settling at $0.00001032. Over the week, the token has exhibited a rise of 2.28%, accompanied by a monthly increase of 22.29%. Despite a 9.85% decline in 24-hour trading volume, the market cap has experienced a notable upswing of 0.31%. Telegaon’s Insights Telegaon, a reputable market insights source, recognizes the evolution of Shiba Inu beyond its initial association with memes. The platform attributes the potential for future growth to Shiba Inu’s integration into payment systems and i...

The co-founder of meme asset Dogecoin (DOGE) is calling out the Chair of the U.S. Securities and Exchange Commission (SEC), saying that he’s “useless in every single way.” Responding to a new video by SEC Chair Gary Gensler claiming that fraud and noncompliance are rife within the digital assets industry, DOGE co-founder Billy Markus says that Gensler is essentially just a figurehead who doesn’t do anything. “You’ve never laid out any actual rules, you just hand wave. You’re basically useless in every single way.” In the video, Gensler says that even though digital assets are a small part of the US economy, noncompliance with current securities laws harms US investors. “There’s a lot of noncompliance. Noncompliance with securities laws that are there to help give you the disclosure so you can make the investment decision but also to protect you against fraud and manipulation. There’s been far too much fraud and bad actors in the crypto field… This is reall...

Since the beginning of 2023, the crypto currency industry as a whole has managed to nearly double its market capitalization, while its largest asset, Bitcoin (BTC), advanced by 165%, currently trading around the $44,000 level – an impressive result considering it started the year at $16,500. As it happens, other cryptocurrencies have followed in the steps of the flagship decentralized finance (DeFi) asset, pushing toward their own increases, with some of them having shown more potential than others to continue bullishly and stand side-by-side with the crypto market’s representative. #1 Ethereum (ETH) Indeed, Ethereum (ETH) has long stood as the top contender for significant growth due to its position among altcoins, particularly after the transition from the Proof-of-Work (PoW) consensus algorithm to its current Proof-of-Stake (PoS) mechanism and the fact that three out of four of its holders are currently in profit. Ethereum holders making money at current price. Source: I...