Author: NBTC

Ethereum’s 200-week SMA at $2,595 remains a strong support zone as the price consolidates. If ETH breaks $3,113, it could rally toward $3,500, but failure may lead to a pullback. The market is critical, and traders watch for a breakout or drop. Currently, Ethereum’s price is locked tight at around $3,020, coincidentally very close to some of the most important weekly moving averages. The 8-week, 50-week, and 100-week simple moving averages (SMA) are all grouped close by the $3,113 mark, which combined make up one solid resistance zone. This convergence means that Ethereum is at a critical juncture right now,…

GME Ethereum (GME), a cryptocurrency and platform dedicated to promoting financial decentralization, has partnered up with Stocktwits, the social media platform for traders, investors, and market professionals, as reported to Finbold on Monday, February 24. Inspired by the 2021 GameStop (NYSE: GME) short squeeze, which led to GameStop shares skyrocketing by 179% over three days, GME Ethereum relies on blockchain transparency and security to promote financial autonomy. Promoting GME Ethereum visibility Trying to establish itself in the meme finance space and the crypto industry at large, GME Ethereum has joined forces with Stocktwits to help users track the meme coin’s…

The crypto industry in 2024 has seen significant shifts in developer activity, with Ethereum maintaining its position as the leading blockchain ecosystem. According to data from the Phoenix Group, Ethereum currently has 3,562 full-time developers, a figure that represents an 8.4% decline compared to last year. Despite this drop, Ethereum remains the dominant force in the sector, with a total developer base of over 10,000 contributing to its decentralized applications, scaling solutions, and infrastructure upgrades. Its strong network effect ensures its continued relevance in the blockchain space. CRYPTO DEVELOPER DATA BY FULL-TIME DEVS IN 2024#Ethereum #Solana #Polkadot #Cosmos #Bitcoin #Polygon…

Institutional investors in South Korea can open accounts on digital asset exchanges starting in the second half of the year, the country’s financial watchdog has ruled. The Financial Services Commission (FSC) has been mulling new regulations that allow institutions to hold digital assets since 2024. A month ago, the watchdog said it would need more time to consider the implications of the decision. In its most recent meeting, the FSC launched a new roadmap that will gradually allow corporates to hold digital assets in stages, ending a seven-year ban introduced in 2017. The regulator says the roadmap will be rolled…

Ethereum’s price action has been volatile in recent weeks, but the asset encountered a significant resistance zone. With strong selling pressure likely at this level, a rejection followed by a short-term decline appears probable. Technical Analysis By Shayan The Daily Chart ETH recently found support at the critical $2.5K level and has since jumped toward the $3K region, revisiting the previously broken trendline of the descending wedge. However, this upward movement appears to lack momentum, resembling a pullback rather than a sustained recovery. Notably, the $3K region coincides with the 200-day moving average, reinforcing it as a strong resistance level…

GME Ethereum (GME), a cryptocurrency and platform aimed at promoting financial decentralization, has partnered with Stocktwits, a social media platform for traders, investors, and market professionals, as reported by Finbold on Monday, February 24. Inspired by the 2021 GameStop short squeeze that saw GameStop shares skyrocket by 179% in three days, GME Ethereum relies on the transparency and security of the blockchain to promote financial autonomy. In an attempt to gain a foothold in the meme finance space and the cryptocurrency industry as a whole, GME Ethereum has joined forces with Stocktwits to help users track memecoin price movements, monitor…

As the year 2024 comes to an end, the “bests” of the past year are being announced one by one. As is known, the cryptocurrency market grew incredibly under the leadership of Bitcoin in 2024, and the BTC price exceeded $ 100,000, leaving behind the psychological barrier that was once considered insurmountable. However, some altcoins broke records in terms of the number of daily active addresses on their blockchain networks in 2024. The list contains some surprising rankings in terms of size. It is particularly noteworthy that the Ethereum network did not make it into the top 10 on the…

Coinbase has announced the addition of Renzo (REZ) to its listing roadmap, hinting at a potential upcoming listing on the leading U.S. cryptocurrency exchange. Coinbase Adds Renzo (REZ) to Listing Roadmap The announcement was made via Coinbase’s official X (formerly Twitter) account and immediately caught the attention of traders and investors. What is Renzo (REZ)? Renzo is a liquid staking protocol built on EigenLayer, a rapidly growing sector of Ethereum’s staking ecosystem. By adding REZ to its listing roadmap, Coinbase is taking the first step towards integrating the token into its trading platform, although an official launch date has yet…

Simon Gerovich, the CEO of Metaplanet, expressed his optimism about Bitcoin holdings while reacting to Michael Saylor’s latest post on X. Michael Saylor, CEO of MicroStrategy, shared a post asking Bitcoin lovers, “Did you stack Bitcoin this year?” amid an intense bull run in the cryptocurrency. In the same post, he attached the list of the Top 60 Bitcoin holdings companies. In the leaderboard, Metaplanet stands at fifteen with 1,761 Bitcoins in its holdings. While responding to this post, Simon Gerovich said, “We’re just getting started”. Yes, we’ve been stacking all year and we’re just getting started! https://t.co/dZyxTpx0sB — Simon…

This is a segment from The Drop newsletter. To read full editions, subscribe. Wildcard has just migrated its Wildpass NFTs to Ethereum mainnet and is planning to launch a token. Wildcard is an upcoming, crypto-optional PVP battle game I’ve been following for years. You play as a character who can run around a 3D battlefield and throw cards that turn into powerful creatures that autobattle each other. People that spectate Wildcard matches can also be rewarded for watching and engage with the game. Wildcard is being developed by Playful Studios, whose CEO and co-founder, Paul Bettner, worked on games like…