Author: NBTC
Prominent blockchain tracking service Whale Alert, which monitors large cryptocurrency transfers and shares the details on its website and the official X account, has spotted a tremendous amount of XRP landing on the world’s leading exchange Binance. Meanwhile, the third largest cryptocurrency by market capitalization, XRP, has experienced an impressive surge that exceeded 12%. 40,000,000 XRP shoveled to Binance The aforementioned data aggregator shows that less than four hours ago, Binance witnessed an enormous deposit totalling 40,000,000 XRP, valued at an amazing $124,788,255. The transaction was initiated by an unknown blockchain address. The cryptocurrency community reacted, leaving numerous comments under…
An investor who acquires 0.1 BTC for $9,500 at the current market price could become a millionaire if Bitcoin hits eight figures. Bitcoin has outgrown its early days when prices were in a few dollars and has matured into a global store of value. Spurred by bullish macroeconomics, the pioneering cryptocurrency recently reached a six-figure valuation, hitting a new all-time high of $108,000. Meanwhile, some believe holding 0.1 BTC can still produce a staggering 10,426% growth to $1 million despite its historic gains. This theory suggests that the asset still has more room for growth. Here’s how high Bitcoin needs…
Ethereum (ETH) is currently trading at $3,147.67. In the past week leading up to January 27, 2025, ETH has shown notable volatility. On January 23, ETH reached a high of $3,334.71, followed by a decline to $3,309.55 on January 24. The downward trend continued, with ETH closing at $3,232.28 on January 26. As of January 27, the ETH price has seen a 2.50% decrease from the previous day. Ethereum Price Analysis The 50-day Exponential Moving Average (EMA) is a critical indicator for assessing Ethereum’s short-term momentum. Currently, ETH is hovering around this level, suggesting a phase of consolidation. A decisive…
Shiba Inu is on the verge of losing its longstanding second-biggest meme coin title as Official Trump (TRUMP) moves to flip SHIB again. Over the weekend, Shiba Inu lost its position as the second-biggest meme coin to TRUMP, a newly launched meme-based token linked to U.S. President-elect Donald Trump. TRUMP Overthrows SHIB as Second Biggest Meme Coin The TRUMP meme coin, which launched on Friday, quickly rose to prominence, attracting the crypto community’s attention. Notably, the number of TRUMP buyers surged to nearly 50,000 within hours after its launch, outpacing the 12,500 sellers. Consequently, TRUMP’s market cap rose to $9…
Blockstream CEO Adam Back has noted that Bitcoin’s 200-week moving average (WMA) has now moved above $43,000. The significance of this new milestone stems from the fact that it is very rare for Bitcoin to dip below its 200 WMA even during the most severe bear market corrections. The “Black Thursday” sell-off that took place in March 2020 is one of the very few cases when the bulls failed to defend this ironclad support. Hence, the 200 WMA is widely considered to be the “floor price” for the leading cryptocurrency that tends to mark “generational bottoms.” Back has predicted that…
Today, Ethereum grabbed market attention after a renewed whale deposited massive amounts of ETH tokens to Binance as reported by Lookonchain. The transaction seems to have a connection to Ether’s recent price drop. Following its slowed performance on Monday, the second biggest virtual currency lost strength, leading to its value currently standing at $3,058.46, as press time. Whale offloads 17,750 Ether Today, according to data from Lookonchain, a prominent whale whose wallet address is recognized to belong to Cumberland, deposited 17,750 Ethereum tokens worth $54.41 million to Binance. A wallet related to #Cumberland deposited 17,750 $ETH($54.41M) to #Binance 3 hours…
American Coin rallied amid rumors that Donald Trump might launch a meme coin themed around the United States. After trading relatively flat over the past three months, Solana-based meme coin named ‘American Coin’ with the ticker ‘USA’ formed a God candle on Jan. 19 as it rose to $0.0000254, up 405% from an intraday low of $0.00000503 while its market cap surged to nearly $300 million at that time. American Coin’s (USA) dramatic rally came in a high-volume trading environment, with its daily trading volume soaring by over 550% to hover around $300 million. The surge in activity fueled speculation-driven…
Main Takeaways Gold has long been a symbol of wealth and power, but in a world dominated by digital transactions, could Bitcoin dethrone it? For centuries, gold’s scarcity, shine, and durability have made it the ultimate store of value and medium of exchange. From ancient trade routes to the foundations of modern economies, its importance has been deeply woven into human history. But today, Bitcoin is stepping into the spotlight, challenging gold’s legacy. This comparison isn’t just speculative; it’s gaining traction with influential voices. Federal Reserve Chair Jerome Powell, speaking at the New York Times DealBook Summit recently, said that…
Ethereum price struggled to continue higher above $3,350 and dipped. ETH is now correcting losses and might face resistance near the $3,220 zone. Ethereum started a fresh decline below the $3,220 resistance zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,270 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline if it stays below the $3,300 level. Ethereum Price Dips Further Ethereum price started a fresh decline below the $3,320 and $3,220 levels, like Bitcoin. ETH even…
Rumors about a potential meme coin launch by James Stephen, better known as MrBeast, have gained traction across social media platforms. The rumors escalated following a post on January 18 by the X account “Crypto Beast.” The account claimed MrBeast would be introducing his meme coin in just “3-4 days.” The post attracted significant attention and hinted at exclusivity, stating that it was the first to break similar news about the now-successful TRUMP meme coin. Accordingly, the account urged followers to turn on notifications to stay updated on developments. However, Mr. Beast himself addressed the excitement surrounding these rumors directly.…