Author: NBTC

Ethereum appears poised for a significant breakout above the highly anticipated $4,000 price threshold. Despite this potential, the cryptocurrency has recently fallen short of the expectations of many enthusiasts and retail traders. The much-hyped launch of Spot Ethereum ETFs, rather than sparking a rally, turned into a classic “sell-the-news” event, leading to disappointment in the market. However, according to a crypto analyst, the overall sentiment around Ethereum remains fundamentally positive. This optimism is largely held up by some bullish investors who continue to hold up the cryptocurrency and its stability at a crucial support level of $3,200. Ethereum Set For…

Azimut has successfully completed a new club deal worth 105 million euros to invest in Alps Blockchain, an Italian company and one of the main European players specialized in the production of computing power for Bitcoin mining. Azimut and the club deal of 105 million euros for the Italian mining company Alps Blockchain Azimut for Alps Blockchain: promoting Italian excellence in digital mining The last investment of 40 million euros Azimut and the club deal of 105 million euros for the Italian mining company Alps Blockchain Azimut, independent group in asset management, wealth management, investment banking, and fintech, has completed…

The Sei Creator Fund’s first round distributed $250,000 to 63 projects with 2,707 unique voters. SEI token shows potential for a bullish rally after analyst Captain Faibik identifies a promising pattern. The inaugural round of the Sei Creator Fund, supported by Gitcoin Grants Stack, has finished successfully, clearing the way for the second round. Various projects in the Sei ecosystem received major assistance from a $250,000 matching pool, equal to 862,500 SEI. 1/ Exciting news – Results are in! The kickoff round of the Sei Creator Fund’s $10M initiative is complete, with round #2 on the way! Using Quadratic Funding…

LFG is setting a new standard for on-chain token launches in the crypto space. According to a detailed explanation by Soju during his latest interview, LFG has significantly impacted the token launch meta, empowering community-driven projects and facilitating broad-scale token distribution. Last Week, @0xSoju spoke about the last 4 launches on LFG, and also did a deep dive into the upgrades to LFG.LFG is crucial in pushing forward the meta of on-chain token launches, and help quality projects with community support, to gain traction.Since then, we’ve seen a ton… pic.twitter.com/r4nmmhRP1Z — Jupiter 🪐 (@JupiterExchange) July 31, 2024 LFG, a crucial…

Ethereum, the second-largest cryptocurrency by market capitalization, has started showing signs of a bullish trajectory. Particularly, according to insights from CoinSignals, a prominent crypto analysis platform, Ethereum is poised for a significant price rally. The platform suggests that Ethereum could see its value rise to between $12,000 and $15,000 shortly. This forecast is based on positive market trends and strong fundamental performance indicators supporting a sustained value increase. ETH Fundamental Strengths CoinSignals’ optimism is backed by several key factors that differentiate ETH from its peers, notably Bitcoin. Unlike Bitcoin, which experiences a sell-pressure of around 450 BTC daily, Ethereum, on…

ARK sold a total of 69,069 COIN shares on Thursday, the biggest single-day sale since May 7. Having sold only $2.88 million of COIN in June and $7.93 million in July, Thursday’s sales mean ARK has sold more in one day than in the previous two months combined. Cathie Wood’s investment company ARK Invest sold $14.8 million worth of crypto exchange Coinbase (COIN) shares on Thursday, the biggest single-day divestment since May 7, ahead of the exchange’s second-quarter earnings announcement. The divestment means the company sold more Coinbase shares on the first day of August than in the previous two…

Data Ownership Protocol, a leading blockchain data protocol, adds Shiba Inu (SHIB) support on its mainnet, aiming to enhance transaction security. The Data Ownership Protocol recently announced the expansion of its token support to include Shiba Inu (SHIB) on the DOP Mainnet. Per the announcement, this development allows users to securely encrypt and transfer their Shiba Inu tokens, enhancing transaction security and transparency. The integration aligns with the Data Ownership Protocol’s objective to improve digital asset management, providing a better experience for Shiba Inu holders. New token support alert!You can now encrypt and send $SHIB, $FLOKI, $PEPE, and $MANA on…

Blockworks aims to book Democratic presidential nominee Kamala Harris to speak at its upcoming crypto conference, as crypto enthusiasts turn their attention toward a U.S. presidential election that some believe is a referendum on the mainstreaming of crypto. The crypto conference organizers are attempting to secure Vice President Harris at its U.S. politics-focused Permissionless event from October 9 to 11 at the behest of some of the “largest” Democratic donors, Blockworks founder Jason Yanowitz told Decrypt. Yanowitz said that Mike Novogratz, CEO and founder of Galaxy Digital and a well-known Democrat, was among those pushing for Harris to be invited…

Concordium has announced a new partnership with Upwood.io. It is an upcoming Latvia-based investment platform specializing in the tokenization of real-world forests, carbon credits, and carbon removal projects in the European Union. This collaboration aims to enhance the transparency, accessibility, utility, and sustainability of forest investments by leveraging Concordium’s advanced blockchain technology. Concordium is partnering with https://t.co/1IhhkhCaJm, a trailblazer in sustainable investments and a Concordium grant recipient 🌳Together, we’re transforming forest investments with blockchain, offering secure, verifiable tokens backed by real-world forests and carbon… pic.twitter.com/2Qz6m43j6k — Concordium (@ConcordiumNet) July 31, 2024 Upwood.io Offers Investment in Real-World Forest Tokens Upwood.io offers…

Ethereum’s recent price surge may be built on shaky ground, according to analyst ‘Crypto Lion’ in a ‘Quicktake’ on blockchain analytics platform CryptoQuant. The analyst cautioned that a correction could be imminent, citing data that suggests a lack of genuine demand for Ether, despite recent gains driven by the approval of ETH ETFs. Crypto Lion highlighted the lack of demand for Ether, citing the “Exchange Withdrawing Transactions” diverging significantly from the digital asset’s price trajectory. “This means that physical withdrawals are declining, so it is safe to assume that there is simply no demand,” the analyst stated: “This means that…