Author: NBTC
The community group governing decisions on Solana-based decentralized exchange Jupiter on Sunday passed a long-awaited vote to allow two incentives of $860 million (worth of tokens at current prices) each over two years, shifting the related JUP token’s fundamentals. The proposal was part of the “Jupuary” vote #2, which was changed and refloated after the initial vote failed to gain community favor. Jupuary is the protocol’s name for an annual JUP token airdrop in January to users based on how they interacted with it in the preceding year. Say what you will about @weremeow and @JupiterExchange, but rallying the community…
OKX will launch USDT-margined perpetual futures for AI projects GRIFFAIN and ZEREBRO on Dec. 27, 2024, with 50x leverage and reduced fees. Crypto exchange OKX will launch USDT-margined perpetual futures for two new digital assets, GRIFFAIN and ZEREBRO – projects focused on artificial intelligence applications. The listings will launch today at 07:00 am UTC for GRIFFAIN and at 07:15 am UTC for ZEREBRO. Support for the launch will come via OKX’s web platform, mobile application and API. GRIFFAIN is an AI-powered platform that enables users to transform their intentions into tasks through its smart, personalized AI agents. The platform is…
Bitcoin started the week on a downward note, dropping nearly 2% to around $95,000 before recovering. BTC has been hovering between $90,000 and $98,000 for the past two weeks, struggling with persistent resistance at the psychological $100,000 level. Valentin Fournier, an analyst at BRN, noted the significant hurdles preventing Bitcoin from surpassing this milestone. “Despite strong market catalysts and rising investor confidence, Bitcoin continues to struggle with the psychological barrier of $100,000,” Fournier wrote in an email. “Profit taking is evident and a significant sell wall of over 4,000 Bitcoins worth approximately $384 million needs to be cleared for further…
Ethereum (ETH) has experienced a mixed year, lagging behind other major cryptocurrencies. However, Mister Crypto, an analyst, highlighted Ethereum’s historical performance in the year following Bitcoin’s halving. Data suggests Ethereum often delivers substantial gains in Q1. And now with Q1 2025 approaching, many are wondering whether Ethereum will follow this pattern once again. Yet, with no clear bullish catalyst in sight, the future remains uncertain for both Ethereum and the broader altcoin market. Historically speaking, Ethereum has always gone parabolic in the first quarter following a halving year. pic.twitter.com/HjlohmMqN8 — Mister Crypto (@misterrcrypto) December 26, 2024 Historical Q1 Gains for…
Members of the Taliban have been “making good money” trading memecoins, specifically Shib and Dogecoin, according to a recently-released documentary film. On Sunday, X user and documentary filmmaker “Arab” posted a snippet of a two-part film in which he spends seven days with the Taliban. In the 37-second clip, Arab sits in a room of (presumably) Taliban members and asks one particularly elderly man “do you like memecoins?” At this point, another man interjects, telling Arab that “they don’t know about that.” However, he goes on to explain that he is familiar with crypto and opens up with more details…
The Uphold cryptocurrency exchange has added the RLUSD stablecoin to its trading platform, boosting Ripple’s credibility and promoting the product’s adoption and other products associated with the FinTech company. In a recent podcast, Uphold CEO Simon Mcloughlin explained the crypto exchange’s recent moves in listing the stablecoin, highlighting the reward program, allowing users to earn 5% of their RLUSD deposit from January 2025. Further, McLoughlin stated the RLUSD reward program is the latest in a line of stablecoin-related earning opportunities that Uphold offers. Registered users on Uphold must log in at least once a month and perform designated activities to…
Ethereum (ETH) price has remained below expectations in December, disappointing many who anticipated it would hold above $4,000. Despite this, ETH has managed to gain nearly 6% over the last seven days, showing some signs of resilience. The RSI has been neutral for a week, reflecting a lack of strong momentum, while whale activity has stabilized near its highest levels since September. With the price consolidating between $3,523 and $3,220, ETH’s next move hinges on breaking key resistance or holding critical support levels. ETH RSI Has Been Neutral For a Week Ethereum Relative Strength Index (RSI) is currently at 50.21,…
The crypto market keeps showing bullish momentum and signs of resilience as many tokens have recently touched their latest all-time high (ATH) prices. Phoenix, a crypto analytical platform, shared the details of top crypto tokens that reached their new ATH recently. As per the report, $ZANO, $PEPE, $PEAQ, and $MOG are leading the projects based on new ATHs. TOP TOKENS THAT HAVE REACHED A NEW #ATH RECENTLY$ZANO $PEPE $PEAQ $MOG $HYPE $BGB $SNSY $KMNO $PUFFER #ai16z pic.twitter.com/EWP6cdLbly — PHOENIX – Crypto News & Analytics (@pnxgrp) December 8, 2024 $ZANO Leads the Pack of Top Crypto ATH Performers Phoenix Group shared…
Decentralized exchanges have seen massive adoption, with total weekly trading volume scaling to an all-time high of $116.95 billion. This is up by a 13.23% enhancement from the previous week, thus showing that the demand for decentralized trading platforms is upward. Decentralized exchanges (DEXs) remain entrenched in the constantly developing blockchain landscape since they dominate CEXs with 61.41%. TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #PancakeSwap #Uniswap #Raydium #Aerodrome #Orca #Curve #Hyperliquid #Cetus #LFJ pic.twitter.com/9GSxjiEQEI — PHOENIX – Crypto News & Analytics (@pnxgrp) December 26, 2024 PancakeSwap Leads the Market On top of the chart, PancakeSwap maintains its lead and…
Today, MicroStrategy announced it purchased an additional 15,400 bitcoin for approximately $1.5 billion. This brings its total holdings to over 400,000 BTC, almost 2% of the entire bitcoin supply. MicroStrategy now owns 402,100 #bitcoin worth $38 BILLIONThey now own almost 2% of the total bitcoin supply 🤯 pic.twitter.com/lbEpHNer7T — Nikolaus Hoffman (@NikolausHoff) December 2, 2024 In the month of November, bitcoin rose almost 40% while MicroStrategy bought over $12 billion in bitcoin. In total, MicroStrategy now owns over $38 billion in bitcoin. Other companies are now starting to copy the Microstrategy play book and run their strategy of accumulating bitcoin…