Author: NBTC
Ethereum (ETH) price has remained below expectations in December, disappointing many who anticipated it would hold above $4,000. Despite this, ETH has managed to gain nearly 6% over the last seven days, showing some signs of resilience. The RSI has been neutral for a week, reflecting a lack of strong momentum, while whale activity has stabilized near its highest levels since September. With the price consolidating between $3,523 and $3,220, ETH’s next move hinges on breaking key resistance or holding critical support levels. ETH RSI Has Been Neutral For a Week Ethereum Relative Strength Index (RSI) is currently at 50.21,…
The crypto market keeps showing bullish momentum and signs of resilience as many tokens have recently touched their latest all-time high (ATH) prices. Phoenix, a crypto analytical platform, shared the details of top crypto tokens that reached their new ATH recently. As per the report, $ZANO, $PEPE, $PEAQ, and $MOG are leading the projects based on new ATHs. TOP TOKENS THAT HAVE REACHED A NEW #ATH RECENTLY$ZANO $PEPE $PEAQ $MOG $HYPE $BGB $SNSY $KMNO $PUFFER #ai16z pic.twitter.com/EWP6cdLbly — PHOENIX – Crypto News & Analytics (@pnxgrp) December 8, 2024 $ZANO Leads the Pack of Top Crypto ATH Performers Phoenix Group shared…
Decentralized exchanges have seen massive adoption, with total weekly trading volume scaling to an all-time high of $116.95 billion. This is up by a 13.23% enhancement from the previous week, thus showing that the demand for decentralized trading platforms is upward. Decentralized exchanges (DEXs) remain entrenched in the constantly developing blockchain landscape since they dominate CEXs with 61.41%. TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #PancakeSwap #Uniswap #Raydium #Aerodrome #Orca #Curve #Hyperliquid #Cetus #LFJ pic.twitter.com/9GSxjiEQEI — PHOENIX – Crypto News & Analytics (@pnxgrp) December 26, 2024 PancakeSwap Leads the Market On top of the chart, PancakeSwap maintains its lead and…
Today, MicroStrategy announced it purchased an additional 15,400 bitcoin for approximately $1.5 billion. This brings its total holdings to over 400,000 BTC, almost 2% of the entire bitcoin supply. MicroStrategy now owns 402,100 #bitcoin worth $38 BILLIONThey now own almost 2% of the total bitcoin supply 🤯 pic.twitter.com/lbEpHNer7T — Nikolaus Hoffman (@NikolausHoff) December 2, 2024 In the month of November, bitcoin rose almost 40% while MicroStrategy bought over $12 billion in bitcoin. In total, MicroStrategy now owns over $38 billion in bitcoin. Other companies are now starting to copy the Microstrategy play book and run their strategy of accumulating bitcoin…
Today is a big day in the world of institutional cryptocurrency investing. BlackRock, through its Ethereum-focused ETF, now owns a whopping $3.5 billion worth of ETH, or 993,591.95 ETH, which is 0.12% of the total supply of Ethereum (ETH). According to Arkham Intelligence, BlackRock is now the 12th largest holder of the asset in the world. BlackRock’s history with Ethereum (ETH) began this year when ETHA – the fund’s spot ETF – was approved by the SEC and began trading. According to Larry Fink, BlackRock’s current CEO, Ethereum has a pretty good chance of growing as a blockchain, and he…
In recent hours, a substantial quantity of DOGE was transferred to Binance, one of the world’s largest cryptocurrency exchanges. Blockchain data tracker Whale Alert has reported a massive transfer of 112,382,564 DOGE, valued at approximately $48,717,014, from an unknown wallet to Binance. Whale Alert reports: “112,382,564 DOGE worth $48,717,014 transferred from unknown wallet to Binance.” 🚨 🚨 112,382,564 #DOGE (48,717,014 USD) transferred from unknown wallet to #Binancehttps://t.co/iyYrzfQqhs — Whale Alert (@whale_alert) December 9, 2024 A transfer to Binance could signal an intention to sell, as exchanges are commonly used for liquidations. The move might also indicate strategic positioning, with the…
Binance support for Optimism network upgrade aims to improve performance and user experience. On Jan. 10, 2025, at 2:00 (UTC+8), Binance announced its support for the Optimism (OP) network upgrade and hard fork. To facilitate the upgrade, Binance will temporarily halt token deposits and withdrawals on the OP network starting from 1:00 (UTC+8) on the same day. The OP network upgrade is designed to enhance the network’s user experience, scalability, and overall performance. Binance has assured users that the trading of tokens supported by the OP network will remain unaffected during this period. A major update or modification to a…
A crypto wallet linked to the US government just transferred approximately 20,000 Bitcoin, valued at $1.9 million, to Coinbase, according to data tracked by Arkham Intelligence. The wallet’s Bitcoin holdings are linked to the seizure of assets from Silk Road, a notorious dark web marketplace that facilitated illegal drug and weapon trades before its shutdown in 2013. At the time of reporting, the US authorities still hold around $18 billion worth of Bitcoin, alongside other crypto assets like ETH (approximately $217 million) and USDT (around $122 million). The US government moves $1.9 billion in Bitcoin to Coinbase The recent transaction…
Mike Novogratz’s Galaxy has predicted that the price of Ethereum (ETH), the leading altcoin, will be trading above $5,500 in 2025. A friendlier regulatory environment for the decentralized finance (DeFi) sector is seen as a major bullish catalyst for the altcoin. Galaxy Research believes that traditional capital markets will likely be able to experiment with public blockchains within regulatory sandboxes. As reported by U.Today, the Ether price typically tends to outperform in Q1, and many market participants expect this seasonal trend to continue this time around. During the 2021 bull run, Ethereum overperformed due to the surging popularity of non-fungible…
The lead developer of the Shiba Inu team known, under the pseudonym Shytoshi Kusama, has published a tweet that illustrates the way people feel at the very start of their journey on the path of crypto and after spending three years on it already. Kusama retweeted a post from a crypto enthusiast, which shows a man paddling on a canoe in calm waters (labeled as “Day 1 in crypto”) and a man paddling his canoe through a tumultuous river somewhere in the mountains, labeled as “3 years in crypto.” Kusama added his own comment to that tweet, saying: “Accurate.” Accurate…