Author: NBTC
Data shared by the prominent blockchain tracking service Shibburn has unveiled that during the last day, the SHIB army has managed to push a substantial amount of SHIB meme coins from circulation. The current burn rate surpasses the previous day’s reading by roughly 4x. SHIB burn rate soars 807% In a recent tweet, the forenamed data source revealed that over the last 24 hours, a massive amount of meme coins have been burned, i.e., transferred to dead-end blockchain addresses. The SHIB army managed to burn 20,530,875 SHIB, which means these coins have permanently disappeared from the circulating supply. This has…
Ethereum (ETH) is up nearly 9% over the past seven days, showing signs of strength, yet the price continues to struggle around the $2,000 mark. Despite this upward movement, key indicators suggest the market is still lacking decisive momentum. From trend strength to whale activity and support/resistance levels, several metrics point to a market caught in consolidation. Whether Ethereum breaks out or breaks down from here may depend on how it reacts to both technical levels and shifting investor behavior in the days ahead. Ethereum BBTrend Is Positive Ethereum’s BBTrend is currently sitting at 3.23 and has remained in positive…
Following 400%+ price pump of JELLY caused by a market manipulation incident on Hyperliquid, Binance and OKX capitalized on the volatility by listing JELLY futures, while Hyperliquid delisted the token’s perps, facing backlash over centralization concerns. After the recent market manipulation incident on Hyperliquid (HYPE) involving the Jelly Jelly (JELLY) token, the derivatives exchange decided to delist JELLY and reimburse affected users. Shortly after, Binance listed JELLY futures, followed by OKX. This was likely a move to seize the opportunity created by the token’s extreme price swing, which made it highly attractive for speculative trading. On March 26, the price…
Bitcoin shows bullish momentum as it breaks key resistance, with price targets potentially reaching $107k this week. Bitcoin is starting the week on a bullish note with an intraday rise of 0.70%. With the intraday rise, Bitcoin is making a bullish candle after creating four consecutive daily Doji candles. With the recovery gaining momentum, a short-term breakout in the BTC price trend hints at a potential comeback this week. Will this recovery result in a Bitcoin price surge beyond $100,000? Let’s find out. Bitcoin Bullish Reversal at $95k Breaks Key Resistance In the 4-hour price chart, Bitcoin reveals a strong…
Daolity, a prominent DeFi infrastructure provider, is excited to announce its groundbreaking partnership with Kalp, a strategic advancement in the blockchain industry. This collaboration strives to bridge traditional finance with digital finance through blockchain technology and elevate real-world asset (RWA) investments. The purpose is to allow institutional and retail investors to leverage secure, seamless, and compliant possibilities for investment. Kalp to Emerge as a Game-Changer for Real-World Assets Kalp is the first-ever permissioned platform that is public and cross-chained leveraging the RWA ecosystem. This platform utilizes KYC and AML compliance that are built-in. Kalp links traditional finance with digital finance…
Hong Kong-listed firm, EDA Group Holdings Limited has announced a proposed investment in cryptocurrencies, aligning with its AI + Blockchain business development strategy. The Board of Directors has approved a plan to invest up to USD 5 million in cryptocurrency, for the company’s diversification strategy. EDA Plans $5 Million Cryptocurrency Investment The proposed investment is designed to integrate cryptocurrency into the Group’s asset portfolio, with a focus on long-term value appreciation. As per the official statement, EDA also aims to leverage blockchain technology to enhance its cross-border e-commerce logistics operations. By building a “blockchain-based warehouse network,” EDA Group seeks to…
A crypto whale has recently made a bold decision to acquire $jailstool tokens. As per Lookonchain, the whale has spent up to $8.1M in $SOL to purchase 75.98M $jailstool tokens after already getting a profit of nearly $29.6M via $TRUMP. The on-chain analytics platform revealed this whale activity on its official social media account. This guy previously made a profit of $29.6M by trading $TRUMP.Today, he spent 39,550 $SOL($8.1M) to buy 75.98M $jailstool($15.2) at $0.1066, becoming the largest holder of #jailstool, with an unrealized profit of over $7M. https://t.co/RN5fXx11CWhttps://t.co/LFz2FE9vGX pic.twitter.com/An7S0xbLcx — Lookonchain (@lookonchain) February 9, 2025 Whale Buys 75.98M $jailstool…
The Ethereum Foundation’s (EF) historical selling of its Ethereum holdings has long been a point of interest for the crypto community, with many speculating about its influence on Ethereum’s price. However, new insights from CoinGecko are challenging this widely held belief, suggesting that these sales might not have as significant an impact on the token’s price as previously thought. https://twitter.com/coingecko/status/1904428067390640611 CoinGecko’s latest study examined the correlations between the EF’s ETH sell-offs and changes in Ethereum’s price over different timeframes, specifically 3-day, 7-day, and 30-day windows. The findings indicate that smaller ETH sales, those involving less than 9,000 ETH, showed no…
Gate.io, KuCoin, and MEXC are set to list Walrus’s WAL token later today, following its mainnet launch and token generation event. According to a recent official announcement, crypto exchange Gate.io will list Walrus (WAL) for spot trading against USDT on March 27 at 10:00 AM UTC. The token will be available exclusively on the Sui network. While users can already make deposits, withdrawals will be available starting at 10:00 AM UTC on March 28, 2025. From March 27 to April 8, users can also stake their tokens to earn additional WAL every hour, based on the proportion of assets they…
Washington is exploring real-time crypto payments, and Republicans are at the forefront. According to reports, there are pubs and entertainment venues that exclusively accept crypto payments. Here comes the future of crypto in popular businesses. The first case involves a bar in DC that was popular with Republican staffers. Apparently, it announced that it was closing and would be replaced by a bar that only takes crypto like Bitcoin as payment. Pubkey, a bar in Greenwich Village that describes itself as a “vibrant bitcoin community,” had taken over the lease of Hill Country. Hill Country is a popular Texas barbecue…