Ethereum News Daily Official TheBitTimes.com

The general crypto market, spearheaded by the flagship crypto assets Bitcoin and Ethereum, has seen a meteoric rise in 2024. In tandem with the recent crypto market increase, the sales volume of non-fungible tokens surged by 96 percent from the previous quarter. In Q4, 2024, the NFT sales volume surged to over $2.2 billion, a 96% increase from the $1.12 billion in Q3, 2024. Data compiled by Tiexo.com, an on-chain non-fungible token collection explorer and an analytic hub, shows that the global non-fungible token market has surged again in sales in Q4, 2024. In the past 90 days, the global NFT market has attracted a trading sales volume of over $2.2 billion, representing a 96% surge from the previous quarter. The NFT market has risen nearly two-fold on quarter-over-quarter. NFT Market Health In 2024 The non-fungible token market has been a roller coaster in 2024. It started the year 2024 healthy, reaching $4.1 billion in Q1, 2024. In February 2024, the NFT sales climbed to just over...

The share price of American business intelligence firm MicroStrategy (NASDAQ: MSTR) is on a downward spiral as the company continues its aggressive Bitcoin (BTC) buying strategy. At the close of the last trading session, MSTR’s stock price was valued at $302.96, ending the day down over 8%.  This decline extended losses seen on the weekly timeframe, with the equity plunging 15%. However, MSTR remains one of the best-performing stocks of 2024, rallying 342% year-to-date. Picks for you Crypto trader turns $4.3k into $970,000 in a few hours 25 mins ago Trader turns $55k into $1M as Elon Musk changes account name to Kekius Maximus 1 hour ago ...

Popular altcoins Tron (TRX) and VeChain (VET) are eying growth to new all-time highs in 2025, according to new price predictions. Altcoin season will be in full swing come 2025, with crypto projections seeing Spring 2025 as a potential peak point. TRX has seen immense growth in 2024, with its price climbing by over 100%. VET meanwhile has climbed a modest 20% year-to-date, but has plenty of room to surge in 2025. Price predictions for the majority of the altcoin market are bullish ahead of 2025. Hence, TRX and VET are two tokens that could make waves in 2024 and climb the charts during the altcoin season. Tron TRX Price Prediction for 2025 Source – Cryptonary Tron TRX had a great 2024, overperforming against most of the top 100 cryptocurrencies. TRX hopes to mimic that success in the new year. At press time, the altcoin sits 11th on the cryptocurrency list by market capitalization, with a $21.96B market cap and $0.25 price. The asset set a new all-time high in December of $0.4407,...

The release of Squid Game Season 2 on Netflix (NASDAQ: NFLX) on December 26 has reignited fascination with the hit Korean series, leading to the emergence of several new Squid Game-themed cryptocurrency tokens. Among the numerous tokens, Squid Game (squidgame.top) SQUID stands out with massive gains.  The token has rallied over 6,700% in the past week, trading at $0.0001203 after a 300% surge in the last 24 hours, according to data retrieved by Finbold from CoinMarketCap on December 30. Picks for you EU's MiCA regulation takes full effect today; Here's what you need to know 8 mins ago Bybit and SOLV Protocol announce Explosive bbSOL Maxi Rewards, a new staking campaign 48 mins ago ...

Solaxy (SOLX) token has already raised an impressive $6.8 million, and it’s generating $500K a day—placing it on the same level as Wall Street Pepe and the fastest-selling presales in history. This performance mirrors the success seen with tokens like Pepe Unchained and Crypto All-Stars, with many whales from those projects now pouring into Solaxy. It’s clear that Solaxy is gaining serious momentum, and there’s much to discuss about its potential. SOLX presale sees strong investor interest, nears $7M Solaxy (SOLX) is a new project that just started its initial coin offering, but it has already reached impressive results. In just a few weeks, it raised nearly $7 million, showing the strong interest from investors. Investors can buy $SOLX using Ethereum, Binance Smart Chain, Tether, or traditional bank cards, making it easy for many traders to get involved. The token is currently priced at $0.001584, with the next price increase coming in a few hours. For mor...

The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) continues to clock more development activity than any other non-fungible token (NFT) project, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 116.27 notable GitHub events in the past 30 days. Decentraland also led the rankings in November, October, and September. Flow (FLOW), a layer-1 permissionless blockchain, ranked second with 103.87 events, while the NFT layer-2 scaling solution Immutable X (IMX) ranked a distant third with 31.43. Source: Santiment Santiment notes that it does not count routine updates and utilizes a “better methodology” to collect data for GitHub events based on a “backtested process.” The analytics firm has previously said that heavy development activity centered around a crypto project indicates developers believe in the protocol. Development activity also suggests that the project is less ...

With the issue becoming more concerning for the average American, US Congressman Ro Khanna has called to ban the United States Congress from stock trading. Indeed, Khanna took to X (formerly Twitter) to share his plan to “clean up corruption in Washington.” A big part of Khanna’s plan includes the restriction of Congressional members from participating in the stock market. Moreover, his stance comes a week after current US President Joe Biden spoke out regarding the issue. Specifically, he too welcomed a ban on the activity that is currently taking place for lawmakers. JUST IN: US Congressman Ro Khanna calls to ban Congress from trading stocks. — Watcher.Guru (@WatcherGuru) December 27, 2024 Also Read: President Joe Biden Endorses Ban on Congress Trading Stocks US Congressman Ro Khanna Wants Congress Stock Trading Ban to ‘Clean Up Corruption’ For years, the idea of US elected officials engaging in stock trade has been a focal point for citizens. These offi...

As it turned out by December 27, the trade-off for Bitcoin’s (BTC) 61% climb in November from about $67,000 to above $108,000 was an almost complete lack of a ‘Santa Claus’ rally ahead and during Christmas, which resulted in the coin changing hands at $96,273 at press time. BTC 6-month price chart. Source: FInbold Indeed, BTC performance in the last 7 to 10 days has been so lackluster that numerous cryptocurrency and on-chain analysts have started forecasting a significant plunge for the digital asset, even if many of them still see a longer-term rally. Analysts forecast Bitcoin flash crash as BTC rejects breakout above $100,000 A major trigger for the bearish prediction has been Bitcoin’s recent inability to find a stable footing above $95,000. The world’s premier cryptocurrency has spent much of the last week trading roughly in the range between $92,000 and $99,000 though most of the trading has been closer to the lower bound. ...

XRP is closing 2024 on a strong bullish trend, significantly impacting Grayscale’s XRP Trust, which the investment firm reintroduced in September. Reports indicate that the Trust is set to finish the year with over 300% growth, driven by XRP’s late-year rally and evolving dynamics within the cryptocurrency sector. Recent changes in crypto regulations and political developments have played a key role in XRP’s upward trajectory, particularly in the year’s final months. Donald Trump’s pro-crypto stance and victory in the U.S. presidential election further fueled XRP’s momentum, building on its partial legal win in a 2023 court case. In light of this positive outlook, investors are searching for the best altcoins to invest in today . 6 Best Altcoins To Invest In Today  MultiversX (EGLD) is valued at $33.94, marking a 5.41% increase in the last 24 hours. STP (STPT) has risen to $0.06059, reflecting a 14.01% gain during the same period. Wall Street ...

Dogecoin has had an eventful 2024, with the token encountering significant highs followed by some depressing lows. However, things started to shift dramatically when Elon Musk announced the launch of the D.O.G.E. department, which the internet sleuths touted as an organization taking inspiration from Dogecoin itself. As Dogecoin continues to bank on this novel surge, will it continue to reach higher price realms? One analyst claims so. Also Read: Ripple Year End Price Prediction: Is XRP Claiming A New High Soon? Dogecoin to Surge 570%? Here’s How Source: Bitcoinist Dogecoin is currently one of the most trending crypto coins in the space. The token has had a significant 2024 with new developments taking it to new highs. The new political regime change in the US contributed majorly to the recent Dogecoin surge, especially when Musk and Ramaswamy’s Department Of Government Efficiency, or D.O.G.E, was announced as the new department tracking governmental spending and expenses. Such lu...