Author: NBTC
Bitcoin (BTC) has been trading in a four-month consolidation range since February 28, which has brought uncertainty to investors. However, a prominent trader, Credible Crypto, believes Bitcoin could reach $100,000 in 30 days after the next impulse starts. The professional analyst, who now goes by CrediBULL Crypto due to his current bullish bias, still foresees a bright future. According to a recent post on X, the trader doubled down on his positive outlook, making a bold price prediction. In particular, he highlighted Bitcoin’s previous impulse, which sent the leading cryptocurrency‘s price from $38,514 to $73,805. Notably, this first impulse lasted…
A wallet supposedly tied to Jump Trading moves $29 million in ether, preparing for potential sales. The wallet still holds over 16,000 ETH, according to Spot On Chain. A wallet tagged as belonging to trading giant Jump Trading moved large amounts of ether (ETH) on-chain as the second-largest cryptocurrency recovered from Monday’s crypto-market rout. According to blockchain sleuth Spot On Chain, the wallet unstaked 11,500 ether, worth $29 million, from liquid-staking service Lido Finance and moved the coins to an address labeled Jump Trading 0xf58: 0xf584f8728b874a6a5c7a8d4d387c9aae9172d621. The Chicago-based company has previously used that address to transfer coins to centralized crypto…
GreenCart partners with Molino Bruno, a leading Italian flour producer, within VeChain’s VeBetterDAO. Users earn B3TR tokens for eco-friendly purchases through GreenCart. Molino Bruno’s integration expands sustainable food options in GreenCart’s platform. GreenCart has partnered with Molino Bruno, an Italian flour-milling company, in a major partnership within VeChain’s VeBetterDAO ecosystem. This partnership represents an important accomplishment for VeBetterDAO, as it brings together the innovative dApp GreenCart contained within its ecosystem with Molino Bruno. 🚨 NEW PARTNERSHIP! 🚨GreenCart announces a partnership with Italian company Molino Bruno, marking the first dApp on #VeChain’s VeBetterDAO to secure such a collaboration. 🔥🚀https://t.co/bP20mhOpPR pic.twitter.com/sUP20x2CGe —…
SSV Network has achieved a significant milestone by reaching 40,000 validators on the Ethereum mainnet. This marks a major step in its mission to enhance Ethereum’s staking infrastructure. Additionally, over 4,000 swETH validators have been successfully onboarded to the SSV Network. Further, it will strengthen its role in the Ethereum ecosystem. SSV has now reached 40,000 validators on Ethereum mainnet 🫡https://t.co/hUfaEQybYO pic.twitter.com/WI08l3YPmV — SSV Network (@ssv_network) August 9, 2024 SSV Network Advances Decentralized Ethereum Staking with DVT SSV Network will play a crucial role in the advancement of decentralized Ethereum staking and restaking solutions. It incorporated Distributed Validator Technology (DVT)…
A crypto analyst has disclosed reasons why the price of Bitcoin could witness more declines to $52,000 lows. According to the analyst, Bitcoin has broken key support levels, which indicates a potential shift from a bullish to a bearish position. Analyst Projects Bitcoin Crash To $52,000 In a post on X (formerly Twitter) on June 21, crypto analyst, Justin Bennett predicted that Bitcoin could witness a price crash to key ranges between $52,000 and $54,000. He shared a price chart illustrating Bitcoin’s recent decline, highlighting that its price remains range-bound, showing no clear downward or upward trend as it trades…
According to Lookonchain’s post, many wallets that have been dormant for 3.3 years transferred 789,533 Ethereum (ETH) worth a total of $2 billion. Investigating where these funds came from, Lookonchain stated that it detected that ETHs came to these wallets from the “Plus Token Ponzi 2” wallet. These ETHs were seized by Chinese police fighting against the PlusToken Ponzi scheme. The Plus Token Ponzi 2 wallet distributed Ethereum to thousands of wallets in 2020, and the wallets have not moved since then. However, activity has begun in these wallets and thousands of ETH transfers are being made. “Hundreds of wallets…
MakerDAO’s Spark announced a $1 billion Tokenization Grand Prix to boost real-world asset onboarding. MakerDAO’s quarterly revenue hit an all-time high, surpassing $85 million, fueling investor confidence. Maker (MKR) has seen a significant boost in value in the middle of a volatile cryptocurrency market, gaining third place on the list of major cryptocurrency top gainers. At the time of writing, MKR was trading around $2,396.89, up 5.51% over the last 24 hours. Its current market cap surpasses $2.2 billion. The market appears to have responded positively to recent Maker initiatives, particularly its DeFi lending protocol, Spark. Spark Tokenization Grand Prix:…
Arkham has announced a major partnership with Galatasaray. It is one of the top world’s football clubs which is a based on the European side of the city of Istanbul. Through this partnership, Arkham expands its presence in Turkey’s rapidly growing blockchain community. During a press conference, Arkham CEO Miguel Morel shared his excitement about the collaboration and the potential it brings. Arkham X GalatasarayWe’re tremendously excited about this partnership with one of the world’s best clubs to grow our presence in Turkey’s thriving blockchain community. Our CEO @MiguelMorel’s comments at the @GalatasaraySK sponsorship signing ceremony today below: pic.twitter.com/LWhuY3TA9N —…
In a recent statement, famous cryptocurrency analyst Willy Woo shared his views on what is needed for the Bitcoin (BTC) price to recover. Woo explained: “When will Bitcoin recover? When weak miners die and the hash rate recovers.” Woo explained: “When will Bitcoin recover? When weak miners die and the hash rate recovers.” Woo, mevcut durumun rekorlar kitabına girecek bir durum olduğunu, çünkü madencilerin yarılanma (halving) sonrası çöküşünün alışılmadık derecede uzun sürdüğünü belirtti. Bunun nedeninin, madenci kârlarını artıran ordinals olabileceğini öne sürdü. Woo then took us on a journey into past recoveries. Woo recalled the 2017 hashrate recovery that lasted…
On the 9th of August, the crypto market displayed a huge upward movement in the case of several DeFi tokens. TOP 7 ICO, a prominent platform offering analytics and information regarding top crypto-related projects, disclosed seven such entities based on their unique daily gains. The analytics provider took to its official X account to provide the details of these projects. Top 7 Gainers of the Day – Aug 9th@solfwog $FWOG +107%@Quark_Chain $QKC +72.4%@tokenfi $TOKEN +49.8%@degentokenbase $DEGEN +42.4%@VaraNetwork $VARA +33.3%@undeadscom $UDS +32.0%@beercoinmeme $BEER +29.9% pic.twitter.com/3Oo6Z0J9Oy — TOP 7 ICO | #StandWithUkraine🇺🇦 (@top7ico) August 9, 2024 TOP 7 ICO Release the List…