Author: NBTC
Ethereum (ETH) has experienced significant price fluctuations in recent weeks, with bearish pressure mounting amid macroeconomic factors and investor sentiment shifts. At the same time, the U.S. Securities and Exchange Commission (SEC) has approved the first spot Bitcoin and Ethereum combo ETFs, further impacting the crypto landscape. This article delves into the latest Ethereum price movements, key resistance levels, and the potential impact of these landmark ETFs. By TradingView – ETHUSD_2024-12-20 (1M) 1- SEC Approves Spot Bitcoin and Ethereum ETFs The U.S. SEC has recently approved the first-ever spot Bitcoin and Ethereum combo ETFs from Hashdex and Franklin Templeton. This…
Fly-to-Earn (F2E), a new and upcoming incentive model that rewards users to participate in flight activities, has gained significant traction in the cryptocurrency industry in the recent past. The rising popularity of real-world assets tokenization (RWA) and the gamiFi industry in the recent past has attracted more institutional investors seeking to diversify their crypto portfolios. As of this writing, the RWA space had a market cap of about $19 billion whilst the gamiFi sector had a valuation of about $22.7 billion. With the ongoing mainstream adoption of blockchain technology and web3 protocols, the F2E is expected to grow exponentially in…
Binance recently announce to delists WRX, AKRO, and BLZ tokens on Dec 2025 WRX plunged 40%, AKRO dropped 25%, and BLZ fell 24% post-announcement. Binance advises users to close positions and manage holdings before key deadlines. Binance the world’s largest crypto exchange with 250 million users globally has announced the delisting of three digital assets—WazirX (WRX), Kaon (AKRO), and Bluzelle (BLZ). This move comes as part of Binance’s regular reviews to ensure listed tokens meet its high standards. However, the delisting has led to a sharp price drop of 20% to 40% for these coins. Why Are These Tokens Being…
Though Bitcoin’s (BTC) journey between December 4 and December 6 proved something of a round trip, the temporary surge toward $104,000 appears to have turned investors – and gamblers – decisively bullish. Specifically, the community active on the Kalshi prediction market – one of the two that rose to fame ahead of the 2024 U.S. presidential election – appears confident that BTC will hit a new all-time high (ATH) in the remaining weeks of the year. Specifically, the platform is, at press time on December 6, forecasting Bitcoin will stand at a high $127,000 on New Year’s Eve. Can Bitcoin…
On Friday, Chinese President Xi Jinping emphasized the need for Macau to prioritize economic diversification as its “first” objective during a three-day visit to the Chinese gambling hub. The trip marked the 25th anniversary of Macau’s handover from Portugal, as the city aims to expand its role within China’s mainland economic framework. According to a Financial Times report, Xi made these remarks at the swearing-in ceremony of Macau’s new chief executive, Sam Hou Fai, who is the city’s fourth leader since the 1999 handover. Sam, Macau’s first leader born in mainland China who arguably has weaker ties to the business…
Cardano founder Charles Hoskinson has criticized Wyoming Token Commission executive director Anthony Apollo for ignoring Cardano and XRP in the stablecoin project. Hoskinson has been vocal about recent developments in the Wyoming stablecoin project. For context, the agency announced nine chains where Wyoming would issue the imminent state-backed stablecoin, including networks like Ethereum, Stellar, and Sui. However, the major shock came when the project did not include Cardano, Bitcoin, and XRP as networks that could accomodate the stablecoin. The decision did not bode well with Hoskinson, who has repeatedly cited a bias. Cardano Founder Taunts Apollo In a tweet today,…
Binance has announced the addition of two new trading pairs and the launch of Trading Bots services to enhance user experience on its spot trading platform. Binance to Launch New Trading Pairs and Trading Bots Services on December 19, 2024 Starting from 11:00 on December 19, 2024, users will be able to trade the following pairs: 1000CAT/USDC PENGU/USDC New Trading Bots Services At the same time, Binance will also enable Spot Algo Orders for these pairs, allowing users to automate and optimize their trading strategies. Special Promotion on USDC Trading To celebrate the launch, Binance is offering a special promotion:…
Following Bitcoin’s (BTC) flash crash below $100,000, new price levels are emerging that could potentially anchor the asset to reclaim its six-figure valuation. According to on-chain data analysis, the most significant support zone to monitor is at $96,870, where 1.45 million addresses collectively hold approximately 1.42 million BTC, as per data shared by a prominent cryptocurrency analyst, Ali Martinez. This analysis identified this position as the ‘In the money’ zone, signifying that these holders are currently in profit. The high demand at this price level suggests strong buyer interest, which could prevent Bitcoin from falling further. Additionally, Bitcoin is encountering…
DuckChain joins forces with major crypto players to drive the next wave of decentralized applications and announces the Yellow Duck Mission hackathon. Leading investors, including dao5, Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, GeekCartel, Gate.io, and Presto, participated in the $5 million financing round for the TON ecosystem layer-2 project DuckChain. As DuckChain works to improve the TON blockchain’s scalability and functionality, this funding represents an important turning point for the project. This funding will help the project improve its EVM compatibility, and DuckChain will be able to attract new users from other blockchain communities, bring…
Charles Hoskinson, the creator of Cardano (ADA), has stirred the social media space and community members with an intriguing post. Taking to X, where he has over 1 million followers, Hoskinson updated the community of a meme coin “ace” up his sleeves. Hoskinson’s mysterious pet sparks speculation According to the Hoskinson post, he could trigger the next big meme coin revolution if he wanted to, as he has the right animal that could spark global interest. Hoskinson explained that this animal, possibly a pet, possessed all the adorable features that drive a meme coin. “I own an animal so memeable…