Author: NBTC
Trump-inspired memecoins MAGA (TRUMP), MAGA Hat (MAGA) and Super Trump (STRUMP) pared some of their recent gains as shares of Nasdaq-listed Trump Media slipped on Monday. While still the top trending tokens in the politics-inspired memecoins world, TRUMP, MAGA and STRUMP were trading lower afternoon trading. Data from CoinMarketCap showed MAGA Hat price was down more than 15% in the past 24 hours. Meanwhile, TRUMP and STRUMP had cut recent gains to -8.3% and -4.4% in the past week respectively. Both tokens have also slipped in the past 24 hours, with spike in volatility pushing prices to $13.74 and $0.02239…
The price of Bitcoin (BTC) reaches the barrier of $71,922, marking the end of its upward momentum. Long-term forecast for the Bitcoin price: bullish According to the latest analysis by Coinidol.com, the largest cryptocurrency has also completed a modest pullback above $66,400 and is preparing for the second leg of its upward momentum. The retracement is expected to take Bitcoin back to its previous high of $73,666. Today, the BTC price is trading at $68,878 as it resumes its uptrend. Should Bitcoin rise above and break through the $73,666 resistance level, it is expected to rise above the psychological price…
Taiko, an innovative Ethereum scaling solution, recently celebrated a pivotal development in its journey towards greater decentralization. Just last week, following its successful mainnet launch, Taiko announced the activation of permissionless proposing and proving functionalities, a significant advancement from traditional Ethereum rollups. This strategic move came right after Taiko’s native token, TAIKO, was listed on prominent centralized exchanges such as Upbit, Bybit, Gate.io, Bitget, KuCoin, Bitfinex, and Crypto.com. These listings have not only enhanced the token’s accessibility but have also bolstered its utility within the Taiko ecosystem. Over the past weekend, Taiko welcomed the first community members to engage as…
Bitcoin whales, large holders of the cryptocurrency, have shown an increased appetite for accumulating more coins, signaling a return of confidence in the bull market, as per blockchain data. The resurgence in whale activity comes after the price of Bitcoin reached its all-time high in March and subsequently experienced a significant market correction. Market intelligence firm CryptoQuant highlighted the strong buying force exhibited by whales, indicating their belief that current prices are favorable for purchasing and accumulating Bitcoin, despite prevailing fear and market uncertainty. Analysts pointed to the rise in the 30-day percentage change in whale address holdings, along with…
Ethereum’s (ETH) price has plummeted from a weekly high of over $3,600 to $3,374, but market analysts believe the cryptocurrency’s bearish phase may be nearing its end from the most recent regulatory developments. Crypto analyst and educator, CrediBULL, expressed a strong bullish sentiment for ETH in a recent post on X (formerly Twitter). The analyst noted that recent price actions have solidified his confidence that the lower price region identified in his original chart analysis is now irrelevant. With developing PA, now confident enough to say I think the lower region from my original chart is out of play.The SEC…
Key Points: Users of io.net’s Ignition Rewards Program can claim their rewards from June 11 to June 18, 2024. The project, valued at $1 billion after a $30 million funding round, will have its IO token listed on Binance starting June 11, 2024. Solana-based DePIN project, io.net, has recently announced that users who are part of the Ignition Rewards Program can now claim their rewards on the official application website. Read More: io.net Review: Notable DePIN Project In The Solana Ecosystem Io.net’s Ignition Rewards Program Announced Claim Period Users who participate in io.net’s Ignition Rewards Program will have a claim…
After weeks of appearing to consolidate, Bitcoin (BTC) aims to establish its price above the crucial resistance level of $70,000. Indeed, if the crypto manages to sustain the current bullish momentum, the market anticipates that it will rally to a new record high, possibly above $100,000. Consequently, crypto trading expert TradingShot noted in a TradingView post on May 23 that Bitcoin is forecasted to enter a new rally phase following a period of consolidation post-halving. This development aligns with historical patterns in previous Bitcoin cycles, signaling a potential surge towards $150,000. For instance, TradingShot noted the consistent occurrence of a…
The recent win of Ethereum over the U.S. Securities and Exchange Commission (SEC) has pushed ETH up by 4.9% over the past 24 hours. Taking advantage of that, a smart whale bought several tens of millions worth of ETH right after this victory was announced and withdrew them from Binance. Big whale buys large ETH stash As reported by the @spotonchain analytics X account, an anonymous large cryptocurrency whale transferred 16,604 ETH (worth an impressive $58.6 million) from the world’s largest crypto trading platform, Binance, over the past 19 days. The whale accumulated all of this Ethereum at an average…
ZKX, the pioneering Social Perpetual Trading DEX on Starknet and Ethereum, has successfully raised $7.6 million in total funding. This includes a recent seed round of $6.3 million with contributions from Flowdesk, GCR, and DeWhales. Previous investors include Hashkey, Amber Group, Crypto.com, and StarkWare.—This capital will accelerate the development of the ZKX Protocol, enabling new features like social copy trade pools and cross-chain interoperability. The protocol aims to make perpetual swaps engaging and accessible, offering gamified trading battles of perpetual futures with scalable and high-speed APIs via its appchain.ZKX has launched its native token, $ZKX, now available on KuCoin, Gate.io,…
A closely followed crypto analyst says that Bitcoin (BTC) is no longer in the “danger zone,” when there is a likelihood of a dip below its range low. Pseudonymous trader Rekt Capital tells his 472,200 followers on the social media platform X that while the “danger zone” has passed, Bitcoin could still dip about 13% from its current value. Based on past cycles, Bitcoin enters the “danger zone” after a halving event, when miners’ rewards are halved, and declines significantly, according to the analyst. After the “danger zone,” Bitcoin historically enters a “post-halving reaccumulation” phase when it trades sideways within…