Author: NBTC

A widely followed crypto analyst believes Bitcoin (BTC) still remains on track to hit new all-time highs (ATHs) after a correction earlier this week. In a new strategy session on the TechnicalRoundup YouTube channel, pseudonymous crypto analyst DonAlt says that he remains bullish on Bitcoin after it dipped into the $69,000 range. “So weekly good. And the daily is also excellent. We are at resistance, and that’s kind of what we’re battling with but it’s been a resistance that’s been tested a bunch of times — this is the sixth time. That’s a lot. That’s not something I would necessarily…

The Fluid team has announced the collaboration with 1inch, a widely known DEX aggregator. This is great news for those interested in decentralized finance (DeFi). With this alliance, DeFi users stand to benefit from the trading boost from Fluid’s Liquidity Layer on the 1inch platform by improving trade execution and reducing slippage. Good news!The Fluid DEX is now integrated with @1inch aggregators!Trades taken on 1inch can now be routed through the Liquidity Layer for optimal execution and minimal slippage 🌊 pic.twitter.com/xjeSdndcTM — Fluid (@0xfluid) November 5, 2024 The Power of the Fluid’s Liquidity Layer Fluid has deployed its Liquidity Layer,…

Crypto mining company, Argo Blockchain, sees its shares rise by 14% after Donald Trump was projected to win the 2024 United States Presidential Election. Based on data from the London Stock Exchange, Argo Blockchain’s stocks rose more than 14% to 10.75 GBX on Nov. 6 after Republican candidate Donald Trump was projected to win the US Presidential Election. Argo’s stocks was able to recover from the dip in early November, after it reached a peak on Oct. 29 at 11.00 GBX. The crypto mining company’s market cap stands at £59.96 million with a trading volume of 2,436,448. Similarly, Argo Blockchain’s…

JPMorgan is rolling out instant dollar-euro FX settlement on its Kinexys blockchain, with sterling set to follow pending regulatory clearance. Banking giant JPMorgan Chase & Co. is set to bring foreign exchange settlements for dollar-euro transactions on its blockchain platform dubbed “Kinexys.” According to a Bloomberg report on Nov. 6, the system — previously known as Onyx — will leverage JPM Coin, the bank’s digital token integrated into Kinexys. In mid-October 2023, crypto.news reported that JPM Coin, pegged to the U.S. dollar, reached the $1 billion mark in processed daily transactions. You might also like: JPMorgan: Bitcoin outpaces gold in…

Recently, the dominance of Bitcoin has seen a downward trend, which has encouraged the excitement of crypto enthusiasts and analysts who see this as an indication of the bull run. Such performance suggests that each of the times the leading token’s market share dropped, it preceded a surge in most other digital currencies. Watching Bitcoin Dominance Decline“Looking at this chart, we can see that, historically, major bull runs across the market have coincided with declines in #Bitcoin dominance.” – By @Woo_Minkyu Read more 👇https://t.co/hM4olMucbN pic.twitter.com/gLnQWHjGQL — CryptoQuant.com (@cryptoquant_com) October 31, 2024 Bitcoin Dominance Decline: A Bullish Indicator? Dominance is an…

Flare Labs enables DeFi access for XRP, BTC, and DOGE through its innovative FAssets system. FAssets allows non-smart contract tokens to engage with decentralized finance applications. Flare Labs is rapidly increasing the capabilities of FAssets, a novel system meant to integrate non-smart contract assets such as XRP, Bitcoin, and Dogecoin into the decentralized finance (DeFi) ecosystem. Plans to quickly add FBTC for Bitcoin and FDOGE for Dogecoin drove the original FAssets deployment to begin with FXRP, a tokenized form of XRP as we previously reported. This method lets users turn non-smart contract assets into ERC-20 compatible tokens, therefore facilitating smooth…

In the wake of the U.S. presidential election results, Tesla (NASAQ: TSLA) shares experienced a significant uptick, reflecting investor optimism tied to political developments. The electric vehicle giant saw its stock rise over 15% in pre-market trading on November 6, 2024, following the announcement of former President Donald Trump as the winner of the 2024 U.S. elections in a historic victory. The market’s response was largely driven by idea that Trump’s policies could favor Tesla, especially given the relationship between Trump and Tesla’s CEO, Elon Musk. Tesla Stock Soars on Donald Trump Victory Tesla’s stock performance was notably robust, closing…

A 150 million XRP transfer from Ripple today coincides with the bullish sentiment around XRP following speculations of a potential ETF. Payment giant Ripple has unloaded another huge amount of XRP as speculations of a possible XRP ETF swell. Blockchain whale tracker Whale Alert reported that Ripple moved a staggering 150,000,000 XRP, worth $85 million. 🚨 🚨 🚨 🚨 150,000,000 #XRP (85,383,318 USD) transferred from #Ripple to unknown wallethttps://t.co/uwRDwlk3LS — Whale Alert (@whale_alert) September 13, 2024 The Friday transaction saw Ripple move the funds to familiar territory. Per on-chain data, the transaction was done by 4:40 AM (UTC) from a…

Optimism, one of the major layer-2 networks, has managed to get a slew of clients and firms to deploy their own blockchains using its technology, known as the OP Stack. Part of the strategy to get new networks to use the technology is to give out large sums of OP tokens in the form of grants. Officials within the Optimism ecosystem say those tokens are supposed to help different projects kickstart their building on OP Stack. Some argue within the ecosystem it’s too early to conclude whether OP Stack has won the layer-2 race. One of the biggest trends of…

In the latest update from Phoenix Group, the top ten Solana-based projects based on TVL highlight the network’s growth. As Solana keeps increasing its presence within the DeFi sector, the top projects in line with the TVL denote its expanding span across diverse DeFi sections. The on-chain analytics provider shared the list of these projects, including $JTO, $KMNO, $JUP, and so on. TOP 10 #TVL ON #SOLANA $JTO $KMNO $JUP $MNDE $RAY $CLOUD $DRIFT #Marginfi $MET $SLND pic.twitter.com/mEsHK02bx9 — PHOENIX – Crypto News & Analytics (@pnxgrp) November 5, 2024 $JTO Dominates the Solana Ecosystem Based on TVL $JTO, a staking…