Author: NBTC
Ethereum has faced challenges in regaining its bullish momentum, leaving the altcoin trading at a pivotal level. Ethereum is at the center of attention investors who anticipate a potential rally in the coming weeks. This optimism is fueled by expectations that Ethereum’s resurgence could mark the beginning of a long-awaited Altseason, bringing widespread gains across the altcoin market. Top analyst Carl Runefelt recently shared a compelling technical analysis on X, highlighting Ethereum’s formation of a symmetrical triangle pattern in the 4-hour timeframe. According to Runefelt, this pattern is a classic precursor to a breakout, with a bullish target set above…
Coinbase stock price has retreated for three consecutive weeks as Bitcoin and other altcoins have suffered a harsh reversal. After peaking at $350 earlier this month, the stock has plunged by almost 25%, moving to a bear market. So, is COIN still a good buy in 2025 as the Base Blockchain surges? Bitcoin and altcoins have dived Coinbase share price has dropped sharply primarily because of the performance of Bitcoin and other altcoins like Ethereum and Ripple. Bitcoin peaked at a record high of $108,000 and has retreated to $95,000. Similarly, Ethereum price found substantial resistance at $4,000 and then…
In our first Tether Insights, we shared the data that a total of 330 million on-chain wallets and accounts, a proxy for users, had received USDT by the end of Q3 2024. This figure does not include the several tens of millions of people using USDT exclusively off-chain on centralized platforms, so USDT adoption is even more widespread. We are proud that so many users have received USDT, but this is just the first step on a user’s adoption journey. The next step is to continue to hold USDT and that is the focus of this second Tether Insights. A…
Cryptopia, a prominent multi-chain gaming platform, has announced its exclusive partnership with DigiBuy Network. The partnership aims to broaden Web3 shopping as well as earning opportunities for the users. The platform disclosed this development on its official social media account on X. Excited to welcome our new partner, @digibuynetwork! 🚀🌟 digibuy: Your Gateway to Web3 Shopping & Earning• Shop & Earn in the future of decentralized commerce• Join a thriving Web3 on-chain marketplace• Enjoy exclusive airdrops and rewards🏆 Milestones• 12.65M app… pic.twitter.com/YaU4Nf3C2n — CryptoPia (@Cryptopia_world) December 28, 2024 Cryptopia and DigiBuy Network Collaborate to Revolutionize the Web3 Shopping and Earning…
Since its inception, Bitcoin has continued to challenge the financial status quo, offering investors all over the globe with an asset that goes against the traditional notions of value storage and investment. Often referred to as “digital gold,” Bitcoin has transcended its initial perception as a speculative financial instrument — as evidenced by its remarkable performance in 2024. To elaborate, since the beginning of the year, the cryptocurrency has experienced a surge of 150%+, rising from approximately $62,000 to around $98,300. Bitcoin’s key performance metrics (source: Coingecko) This unprecedented growth stands in stark contrast to various traditional offerings. For instance,…
Franklin Templeton, a leading asset management company, has achieved another milestone in its DeFi implementation process. The firm recently launched its innovative tokenization project, Benji, on Ethereum, marking its fifth platform integration this year after Aptos, Avalanche, Arbitrum, and Base. Notably, Benji is now available on seven platforms, joining its previous presence on Stellar and Polygon. 🚨$1.6 TRILLION FRANKLIN TEMPLETON’S TOKENIZATION PLATFORM!Sandy Kaul is the Head of Innovation Strategies at Franklin Templeton talks about the firm’s Benji Tokenization platform which includes a KYC AML Wallet system. The Benji tokenization platform was recently launched on… pic.twitter.com/ElNcuzmf8R — Tony Edward (Thinking Crypto…
Amid the declining price performance of Ethereum (ETH) on the cryptocurrency market, whales are actively making decisive moves. Recently, an Ethereum whale stunned the crypto exchange Coinbase with a major transfer. Institutional confidence amid price decline According to Whale Alert, the whale transferred 6,663 ETH worth $22,285,102 from Coinbase to Coinbase Institutional. The move from a retail exchange to a platform catering to institutional investors suggests continued interest despite the declining price. Analysts suggest that the transfer could mean that a large investor or institution moves funds for long-term holding, trading, or custody. 🚨 6,663 #ETH (22,285,102 USD) transferred from…
The United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit a new debt ceiling just days before Donald Trump returns to the White House. Treasury Secretary Janet Yellen sent a warning to Congress, saying the debt limit will reset to match the current $36 trillion in national debt on January 2, 2025. A small $54 billion reduction in federal trust fund securities will provide a sliver of breathing room, but that will disappear fast. By mid-January, the Treasury will be forced to use “extraordinary measures” to keep the government’s lights…
QuarkChain has announced a significant achievement. Their joint proposal with EthStorage, titled “Research and Development on Multi-Section Fault Dispute Game”, has been awarded a 77K OP grant from Optimism Retro Funding 5. The news was shared on QuarkChain’s X account. We are proud to share that our joint proposal with @EthStorage—’Research and Development on Multi-Section Fault Dispute Game’—has been awarded a 77K OP grant from @Optimism Retro Funding 5!This research aims to extend bisect-search fraud proofs to K-section-search fraud proofs… https://t.co/qFjAuRGGKU pic.twitter.com/UkTZQZwh1v — QuarkChain (@Quark_Chain) December 8, 2024 Research Project Enhances OP Stack Fault-Proof Systems The goal of this research…
During Thursday’s U.S. market session, the cryptocurrency market witnessed a notable downtick as major digital assets, BTC and ETH, recorded a sharp drop. A 4.2% pullback in Bitcoin signals an intact correction sentiment among traders. While the Ethereum price sustainability below $3,500 hints prolonged downtrend, the increased staking activity could assist in a quick rebound. Currently, the ETH price trades at $3,340 with an intraday loss of 4.4%. According to Coingecko, the global crypto market cap is at $3.47 Trillion, while the 24-hour trading volume is at $1.2 Billion. Key Highlights: A steady uptrend in ETH staking indicates growing adoption,…