Author: NBTC

Binance Pool has officially launched Luckycoin (LKY) merged mining, which allows miners to mine Litecoin (LTC) while earning rewards in LTC, Dogecoin (DOGE), Bellscoin (BEL), and Luckycoin (LKY). Binance is offering zero pool fees for Luckycoin mining during a limited period from December 10, 2024, 00:00 UTC, to December 31, 2024, 23:59 UTC. Binance Pool Luckycoin(LKY) Mining : To begin with LKY mining, users must first ensure you have a verified Binance account and register for Binance Pool. Start mining Litecoin (LTC) from December 10, 2024. Use the step-by-step guide in Binance’s FAQ on how to mine LTC. Connect an…

A closely followed crypto strategist is issuing a warning about Bitcoin (BTC) after the flagship digital asset dipped below the $60,000 range on Thursday. Pseudonymous analyst Credible Crypto tells his 424,500 followers on the social media platform X that Bitcoin needs to hold $58,000 as support to avoid plummeting much further. “All the people screaming at me for urging caution at the highs (again) you better pray $58,000-$59,000 holds or else it’s nuke city for Bitcoin baby.” The analyst is also turning short-term bearish on Bitcoin. He suggests the top digital asset by market cap may hold the high $50,000s…

Ethereum price today: $2,680 Ethereum ETFs’ weekly inflow surged to a new all-time high of $836.8 million, boosted by BlackRock’s ETHA. Ethereum investors realized over $2.5 billion in profits, sparking a two-year high in ETH futures liquidations. Ethereum could bounce off the support level near $3,550 to retest its yearly high resistance of $4,093. Ethereum (ETH) declined 10% on Monday after investors increased their profit-taking with over $2.5 billion in realized profits. This sparked a two-year high in futures liquidations for the top altcoin. However, ETH exchange-traded funds (ETFs) provide a bullish picture amid the recent selling pressure hitting the…

The cryptocurrency market saw several tokens post impressive gains on October 19, with some experiencing double-digit increases. Leading the charge was LUMIA ($LUMIA), which surged by an outstanding 42.9%. According to Phoenix, a well-known crypto media outlet, the rise signals growing interest in the project. It seems to have a lot of potential which is why investors seem to be ok with its fast rising price. DAILY GAINERS$LUMIA +42.9% $MATH +21.0% $SLP +18.7% $HEART +16.4% $BNX +14.6% $YGG +13.9% $WLD +12.4% $AXS +11.8% $TAI +11.6% $XRD +11.6%#dailygainers pic.twitter.com/Y36jgIbI5S — PHOENIX – Crypto News & Analytics (@pnxgrp) October 19, 2024 MATH…

Ethereum Foundation (EF), a major non-profit organization dedicated to the long-term development of the Ethereum network, has continued with its Eth selling strategy. As a major grant source on the Ethereum network, the EF often engages in Ether selling for stablecoins to pay employees and services approved by the core team. According to on-chain data, an Ether address associated with the Ethereum Foundation deposited 100 ETH into Cow Protocol and swapped for Dai (DAI) stablecoins earlier today. Notably, the EF received the funds from an Ethereum address named Gnosis Safe Proxy with a balance of over $10 million, mostly consisting…

NEM, Beam, Reef, and Sun are overbought, raising concerns about potential price corrections. Beam and Reef’s recent surges have outpaced their utility, suggesting market overextension. Gains Network and Sun have seen stellar growth but face resistance due to overbought conditions. Some bitcoins in the year 2024 have hit the overbought zone which therefore increases investors’ greed for a reversal. Some of the digital assets are as follows they have NEM (XEM), Beam (BEAM), Reef (REEF), Gains Network (GNS) and Sun (SUN). And to our surprise, those coins have skyrocketed in price primarily due to people’s emotions and hysteria. NEM (XEM):…

Altcoin traders are making huge profits with $GOAT recently. One trader has recently stood out for his impressive gains from altcoins. He first invested $30K to buy 11 million $GOAT when its market cap was just $2 million. He sold 3 million $GOAT for $279K, leaving 8 million $GOAT worth $3.2 million, according to Lookonchain. Here is the smartest trader I have seen recently!Caught $GOAT at $2M Mkt Cap, with a profit of $3.45M(117x).Caught $GNON at $80K Mkt Cap, with a profit of $3.02M(855x)!He spent $30K to buy 11M $GOAT and sold 3M $GOAT for $279K, leaving 8M $GOAT($3.2M).Then spent…

During a recent meeting of the Financial Stability Oversight Council (FSOC), Treasury Secretary Janet Yellen said that the US financial system is exposed to cryptocurrency-related risks. The FSOC is urging lawmakers to pass comprehensive legislation for cryptocurrencies in order to mitigate these risks. As reported by U.Today, the prominent American economist called for urgent crypto regulation earlier this year. Back then, she specifically singled out dollar-backed stablecoins, arguing that certain entities should be prevented from issuing such products. Following the collapse of the Terra ecosystem in May 2022, Yellen said that the de-pegging of UST illustrated the risks that stablecoins…

Bitcoin saw a notable increase of 3% today, reaching a price of $62,400. This upward momentum coincides with the S&P 500 reaching an all-time high of 5,819, currently trading at 5,809. Bitcoin’s rally comes at a time when traditional assets are seeing significant gains, with the S&P 500 achieving its strongest year-to-date performance in 24 years, up over 22%. In a recent post on X, The Kobeissi Letter described the current stock market run as “the most resilient market in history.” Over the past year, the S&P 500 has gained an impressive $13 trillion in market capitalization. If this momentum…

Coinbase declared vindication on Friday, claiming that newly disclosed correspondences between the Federal Deposit Insurance Corporation (FDIC) and member banks help prove that the U.S. government has been secretly waging a war on crypto for years. But what exactly do the documents reveal? Coinbase has long pushed for the FDIC to disclose how it has communicated with American banks about crypto. On Friday, the company—and the public—got some answer to that question, with the FDIC publishing 23 letters it sent to member banks about crypto in 2022, in compliance with a request filed by Coinbase under the Freedom of Information…