Author: NBTC
Not much is going on in the cryptocurrency market, especially with the price of the Shiba Inu (SHIB) token, lately. It has been a week since the largest liquidation event in the history of the digital asset market, and the SHIB price seems to be stuck in a tight range between $0.000017 and $0.00001475, neither rising nor testing local lows. However, the lack of action on the price chart does not mean that there is nothing going on at all, as most of the activity takes place “behind the scenes,” in the on-chain realm. Thus, as became known thanks to…
Ethereum price remained supported above the $1,980 level. ETH is now rising and might aim for a move above the $2,050 resistance. Ethereum corrected lower and tested the $1,980 support level. The price is trading below $2,040 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,050 and $2,100 resistance levels to start a decent increase. Ethereum Price Faces Resistance Ethereum price failed to continue higher above $2,100 and corrected some gains, like Bitcoin. ETH declined…
BitGo, a prominent platform offering digital asset custody and security solutions, has included support for the Aptos Digital Asset Standard. By supporting Aptos Digital Asset Standard, BitGo now permits institutions to manage and store Aptos-based assets in a secure manner. The platform revealed this development on its official account on X. BitGo now supports custody for assets built on the @Aptos Digital Asset Standard — including APT, USDC, & USDT.Institutions can securely manage Aptos-based assets with trusted, regulated custody and industry-leading security.More chains. More confidence.Explore the Aptos… pic.twitter.com/WLxZYjhnfl — BitGo (@BitGo) March 24, 2025 BitGo Supports Aptos Digital Asset Standard…
A large amount of long-dormant Bitcoin has just moved for the first time in years, triggering speculation about a potential market impact. CryptoQuant analyst Dan disclosed this in a commentary today, citing the Bitcoin Spent Output Age Bands metric. Data confirms that the whales transferred around 14,000 BTC, worth over $1.3 billion, after remaining inactive for 7 to 10 years. This kind of movement often triggers reactions from market participants. However, Dan stressed that the fact that whales did not immediately deposit the coins on exchanges suggests they do not mean to immediately sell them off. 14,000 Bitcoins Moved After…
OpenAI CEO Sam Altman is encouraging Gen Z students to embrace artificial intelligence (AI) as a key career skill, arguing that AI proficiency is now more valuable than traditional coding. In response to an inquiry on professional orientation for all Gen Z high school graduates this year, Altman responded that studying AI tools is essential to succeed at work now. He argued that AI rapidly transforms work, and studying those skills makes sense. Altman drew an analogy by stating that during his high school days, when he studied how to program, it was the most stable route to decent-paying jobs.…
A sharp rise in stablecoin supply across major blockchain networks has been recorded over the past week. Market sentiment is signaling heightened liquidity and trading activity. Data from market tracking platforms shows that Ethereum and Tron saw a combined $4.5b increase in USDT and USDC stablecoins. According to blockchain analytics firm Lookonchain, the Ethereum network saw an inflow of $2.43B in USDC and USDT from Feb 3rd to 10th. On the other hand, Tron recorded a $2.08B increase in the same period. Solana and Avalanche also recorded $598M and $411M in inflows. Solana’s stablecoin supply had risen by $640M during…
The Israeli financial regulatory authority has ordered the immediate closure of cryptocurrency exchange Bitin, as it operates without a licence in the country. Furthermore, the platform’s operator also faces a financial sanction of about 1.7 million shekels (US$460,000). A Crypto Exchange by the “Bitcoin King of Israel” The action against Bitin was taken under an order issued by the Commissioner of Capital Markets, Insurance, and Savings, Amit Gal. Although the Bitin website remains live, Finance Magnates verified that crypto buying and selling services on its platform have stopped working. As seen on its website, Bitin offered buying and selling services…
Supra, an AI-integrated blockchain innovation platform, is excited to announce its groundbreaking acquisition of Blockpour. This takeover solidifies Supra’s position as a leader in the blockchain industry, underscoring a fresh chapter of cross-chain transactional capabilities driven by AI. Blockpour, a leading blockchain tools provider along with data solutions, is also being rebranded to OpenBlocks as a part of this strategic acquisition. This revolutionary step perfectly aligns with both platforms’ vision of making a blockchain ecosystem that is more efficient, intelligent, and seamless. OpenBlocks’ Capacity in the intraLayer Vision of Supra Supra is the first Layer 1 blockchain to have complete…
In a recent tweet, Bitcoin historian Pete Rizzo highlighted a historic prediction made by Hal Finney, one of the first Bitcoin users and a leading candidate for Satoshi Nakamoto’s true identity. According to Rizzo, Finney predicted a $1,000,000 Bitcoin price exactly 14 years ago. ✨ Hal Finney predicting $1,000,000 #Bitcoin, exactly 14 years ago. Legendary 🔥 pic.twitter.com/Sog6uMZU6j — The Bitcoin Historian (@pete_rizzo_) February 10, 2025 On Feb. 10, 2011, Hal Finney, a computer scientist and the first to receive Bitcoin directly from Bitcoin’s pseudonymous creator, Satoshi Nakamoto, said that Bitcoin may ultimately be valued at millions of dollars per coin.…
Fidelity is launching a new tokenized fund focused on U.S. Treasury bills, setting itself up as a direct competitor to BlackRock’s BUIDL fund. SCOOP: FIDELITY TO LAUNCH TOKENIZED FUND INVESTING IN U.S. TREASURY BILLS, COMPETING WITH BLACKROCK’S BUIDL pic.twitter.com/5XLmvDuqka — Aggr News (@AggrNews) March 22, 2025 In simpler terms, Fidelity’s new offering lets investors put their money into the US Treasury bills through their blockchain-based system. By tokenizing the U.S. Treasury bills, Fidelity’s plan is to give investors greater flexibility, transparency, and liquidity, on-chain. Fidelity’s latest offering us in line with the broader trend of bringing traditional assets onto blockchain…