Ethereum News Daily Official TheBitTimes.com

MicroStrategy, the biggest corporate owner of Bitcoin, has proposed issuing 11 billion shares to boost its Bitcoin buying strategy. MicroStrategy is asking for shareholder approval to increase the number of both A Class common stock and preferred stock. A company statement proposes increasing the number of authorized shares of Class A Stock from 330 million to 10.33 billion and the number of preferred shares from 5 million to 1.005 billion. “The proposals we are asking you to consider reflect a new chapter in our evolution as a Bitcoin treasury company and our ambitious goals for the future,” the statement said. The date for a special stockholder meeting to vote on the proposal has not been disclosed yet. MicroStrategy Doubles Down On Bitcoin Strategy The move shows MicroStrategy CEO Michael Saylor doubling down on his Bitcoin-buying strategy even as the king of cryptos faces some market turbulence. The Bitcoin price has plunged almost 12% in the last week and 2% in the...

This year has been huge for meme coins, with established names like DOGE and newcomers like Wall Street Pepe making waves. Experts, however, are eyeing Solaxy (SOLX) as the next potential 10x token. As interest in crypto resurges, meme coins are once again capturing attention. Many recall how meme coins transformed lives during the 2021 bull run. Meme coins like Shiba Inu remain a focal point for investors, even with Shiba Inu trading slightly in the red at $0.00002171 per coin. The last two months have seen a clear shift toward meme tokens, with investors seeking the next big opportunity. The latest data reveals a record-breaking surge in Google searches for meme coins, signaling unprecedented interest in this segment of the cryptocurrency market. While search volumes soar, it indicates that investors are researching potential opportunities rather than diving headfirst into purchases. The hype is palpable, and one token stands out amid the buzz: Solaxy (SOLX), the Solana Galaxy tok...

President-elect Donald Trump announced the establishment of a Crypto Council for his incoming administration to be headed by former college football player Bo Hines. Hines will report to Trump crypto czar David Sacks, and help advance innovation and growth in the digital asset ecosystem. The council’s support for the industry is intended to boost America’s leadership in the crypto world. JUST IN: 🇺🇸 President-elect Donald Trump appoints Bo Hines Executive Director of Crypto Council. pic.twitter.com/2T9kQd87yP — Altcoin Daily (@AltcoinDailyio) December 22, 2024 Trump Makes Additional Appointments Trump has also appointed Stephan Miran, a former Treasury official and economist at Hudson Bay Capital Management, as the chairman of the Council of Economic Advisors. The body advises the President on economic matters, studies federal economic policies, monitors economic trends, and counsels on actions to attain growth and stability. An advocate of reg...

Bitcoin’s (BTC) price movement correlation with the global money supply (M2) is signaling a possible massive correction for the asset as it seeks to breach the six-figure valuation mark. This relationship hints that Bitcoin could experience a steep drop to $20,000, an almost 80% plunge from its current valuation, according to an Analysis by financial commentary platform The Kobeissi Letter in an X post on December 21. Historically, Bitcoin prices have exhibited a lagged correlation with the global money supply, typically trailing by approximately 10 weeks.  Picks for you R.Kiyosaki thanks Bitcoin investors for not trusting ‘Den of Thieves’ 19 hours ago Bitcoin could see another record high if this ‘brick wall’ is breached ...

Sui (SUI) is trading at $4.75, holding a $14 billion market cap and a spot in the top 15 cryptocurrencies. The token has seen significant interest, rising 19% in the last 24 hours with a trading volume of $4.3 billion. With positive momentum building, can SUI break through the $5.00 barrier? SUI Key Statistics Current Price : $4.75 Market Cap : $14 billion Trading Volume (24h) : $4.3 billion Circulating Supply : 2.9 billion SUI Total Supply : 10 billion SUI CoinMarketCap Ranking : #14 Sui is currently 3.07% below its highest price in the past 30 and 7 days, reflecting some recent price consolidation. However, it has demonstrated impressive growth, surging 60.69% from its 30-day low and 20.96% from its 7-day low, signaling strong recovery momentum. SUI/USD Market Key Levels Resistance: $4.95, $5.00, $5.10 Support: $4.50, $4.20, $3.45 SUIUSD – Daily Chart The SUI/USD daily chart shows the price currently trading at $4.75, with bullish momentum aiming toward the re...

Shiba Inu has lately been trading at the $0.00002 price mark, unable to document a noteworthy price surge. SHIB’s inability to climb to higher price marks is due to Bitcoin, as the market presently is facing a bearish momentum, with Bitcoin slipping below $107K, to sit at $99K at press time. Will SHIB be able to show some significant price momentum before 2024 ends? Let’s find out. Also Read: Cardano Price Prediction For The End Of 2024: Can ADA Breach $1.5? Shiba Inu: Latest Developments and Price Paths Source: Watcher Guru Shiba Inu is currently sitting at $0.00002205, down 8% in the last 24 hours. The token has plummeted dramatically as Bitcoin slipped below the $100K mark after briefly claiming the $107K price spot. However, this current SHIB price decline is yet to dampen the spirits of its community, which is still vying for SHIB to reach the top price spot. Recently, SHIB’s marketing lead, Lucie, shed light on Shibarium and how the ecosystem has been central to the growth o...

From the mythological allure of Sunwukong to HTX Coin’s role in transforming decentralized trading and Cyber Dog’s bold venture into AI-driven robotics, these tokens are pushing boundaries and setting new trends. These rising stars offer a mix of cultural relevance, groundbreaking utility, and futuristic innovation, capturing the imagination of investors and enthusiasts alike. Top Trending Cryptos on Tron Chain Sunwukong capitalizes on the worldwide fascination with mythology while offering modern utility. HTX Coin is designed to empower users with the Tron network, offering multiple use cases across DeFi and beyond. Meanwhile, Cyber Dog is leveraging blockchain to advance AI-driven robotics. All three tokens boast of being the top trending cryptos on Tron Chain . 1. Sunwukong (SUNWUKONG) Sunwukong is inspired by the legendary Monkey King from Chinese mythology, seeking to revolutionize the DeFi space with its dynamic ecosystem. It stands out with its “Hyper Agilit...

AI’s Impact on Crypto Trading and Portfolio Management! The integration of Artificial Intelligence (AI) into the realm of cryptocurrency trading and portfolio management has revolutionized how investors navigate the complex and volatile crypto markets. From enhancing decision-making processes to streamlining portfolio optimization, AI offers significant advantages that were previously unattainable. AI in Crypto Trading Market Analysis and Predictions AI-powered algorithms excel at analyzing vast amounts of market data in real-time. By identifying patterns, trends, and anomalies within price movements, trading volumes, and market sentiment, AI enables traders to make more informed decisions. Predictive analytics tools driven by machine learning (ML) can forecast price fluctuations, helping investors stay ahead in an unpredictable market. Automated Trading AI-powered trading bots have become a staple for crypto traders. These bots execute trades based on predefined rules or adaptiv...

The Avalanche blockchain is buzzing with activity, showcasing why it’s a leader in scalability, speed, and eco-friendly innovation. Among its thriving ecosystem, three tokens are stealing the spotlight today: AVAX Has No Chill, Pharaoh, and Pangolin. These tokens aren’t just trending; they’re reshaping the landscape of decentralized finance (DeFi), meme culture, and crypto trading. Trending Cryptocurrency Tokens on Avalanche Chain Today AVAX Has No Chill is a bold and unapologetic meme coin that has captured the imagination of the Avalanche community with its playful branding combined with robust community support, positioning it as a fun yet lucrative investment. Pharaoh is a sophisticated token inspired by the mystique and grandeur of ancient Egypt, blending historical themes with modern blockchain innovation. A veteran in the Avalanche ecosystem, Pangolin remains a cornerstone of decentralized exchanges (DEXs) with its consistent performance, reliable platform, an...