Author: NBTC
The L1 will have access to a substantial amount of liquidity, which will be derived via Orderly’s cross-chain orderbook. Orderly’s decision to deploy its best-in-class liquidity layer will improve the trading experience for Sonic users. According to an announcement made by Web3 liquidity layer Orderly, it has successfully deployed its chain-agnostic infrastructure on EVM Layer 1 Sonic. The integration of Orderly will bring its omnichain orderbook to Sonic, which will make it possible for users and developers of the new L1 to gain access to deep liquidity levels. Sonic is an EVM layer-1 platform that gives developers significant incentives and…
Cryptocurrency analytics firm Alphractal has outlined two critical scenarios for Bitcoin’s price trajectory in its latest report. The firm predicts that Bitcoin could either surge past $161,000 or drop below $76,000, depending on whether it breaks through a key resistance level at $114,000. Alphractal’s analysis focuses on the Fibonacci-Adjusted Market Average Price, a metric that tracks potential tops and bottoms for Bitcoin. This metric is derived from the Market Average Price, which calculates the average price of the blockchain without taking into account mined Bitcoins. According to Alphractal, if Bitcoin manages to break above $114,000, it could trigger a bullish…
BTC was rejected at $108,355, retracing to $102,000 support, with volume accumulation at $96,000–$97,000. The 0.236 Fibonacci level near $91,000 signals a potential deeper correction amid ongoing consolidation. Immediate resistance and support levels at $108K, $102K, and $96K dictate Bitcoin’s next trend direction. Bitcoin has recently completed a critical pullback, reaching significant levels in its ongoing market cycle. The leading cryptocurrency cleared a bearish order block and retraced to test its previous local high. This movement sparked discussions about whether the correction phase has concluded or if further downside is imminent. Bitcoin’s Key Market Movements The recent price action saw…
The Shiba Inu ecosystem team has disclosed plans to reward new users of the Shibarium-based liquid staking feature in partnership with K9 Finance. With the holiday season closing down, the ecosystem team is set to roll out substantial compensation for new users of the liquid staking feature. In a November 25 tweet, Shiba Inu marketing lead Lucie has revealed plans to help new users make extra cash. Thinking about earning some extra cash? 👀 STAY TUNED for a VERY COOL OPPORTUNITY with liquid staking! 💰 🔥 Limited to new users only, but trust me—it’s NICE.Up to $500. Let’s go! SOON…
Bitcoin has entered the belief phase, a key period historically associated with sustained bullish momentum. Historical patterns from the 2020–2021 cycle show similar shakeouts before surging to record highs. Analysts forecast Bitcoin could reach $150K, supported by Fibonacci levels and historical growth trends. The leading digital currency, Bitcoin ($BTC), has officially entered the ‘belief phase’ of its market cycle, according to historical evidence and technical charts. There are clear similarities of the current rally with preceding ones that have characterized prior bull markets in 2020 and earlier this year. This phase which is usually associated with the onset of a…
Wintermute, one of the leading market makers in the cryptocurrency space, has seen impressive success with its meme coin portfolio. A recent analysis reveals that 64% of Wintermute’s top 25 meme coins are now listed on Binance, the largest crypto trading platform. Once listed, these tokens benefit from Binance’s platform’s significant liquidity and brand effect, which boosts their value and trading volume. This high listing rate highlights Wintermute’s ability to identify and back promising tokens. According to the data, six of these tokens have both futures and spot markets available, while the others trade only in the futures market on…
Bitcoin’s $90K support region has demonstrated its strength, sparking a notable bullish surge. The price is now nearing its all-time high of $108K, where a breakout could ignite a short liquidation cascade, potentially pushing the asset into uncharted territory. Technical Analysis By Shayan The Daily Chart The $90K support zone has proven to be a robust floor, holding the price steady in recent months and showcasing strong buyer confidence. This resurgence of buying interest has driven Bitcoin above the channel’s middle trendline, positioning it close to the ATH at $108K. That peak level represents a substantial resistance region with concentrated…
‘Avalanche9000’ launched at around 1pm ET on Monday, the Avalanche Foundation said in a statement. The foundation will provide $40 million in retroactive grants to Avalanche developers, including $2 million for referrals, to drive growth and adoption of the network. ‘Avalanche9000’ covers the Etna upgrade, a set of network changes that includes new rules related to validators, in addition to the rebranding of the Avalanche subnets to Avalanche L1. Avalanche L1s are dedicated, project-specific chains that are built on the same tech stack but operate independently of the main C-Chain network. For example, the developers of games like Off the…
“Rich Dad Poor Dad” author Robert Kiyosaki has urged investors to buy more Bitcoin now that the leading cryptocurrency by market capitalization is inching closer to hitting a new record high. The leading cryptocurrency by market capitalization is currently trading at $105,089, according to CoinGecko data. It has surged by more than 10% over the past week. The largest cryptocurrency is currently just 2.8% away from reclaiming its current record high of $108,135, which was achieved roughly a month ago. Earlier this week, Kiyosaki predicted that the price of Bitcoin could reach $250,000 this year. Recently, the controversial entrepreneur also…
Former BitMEX CEO and prominent crypto investor Arthur Hayes made a significant move in the market by shifting his focus to ENA after selling ATH at a loss earlier today. Arthur Hayes Invests Big in ENA After Selling ATH at a Loss According to blockchain data, Hayes spent 874.9 ETH (approximately $2.8 million) to purchase 4.916 million ENA tokens through Wintermute Trading. The purchase comes as ENA’s price has fallen by around 15% in the past 24 hours, leading to speculation that Hayes may be trying to capitalize on a potential recovery. The strategic shift has caught the attention of…