Author: NBTC

Leading cryptocurrency analysis firms Glassnode and GreeksLive have shared their latest views on Bitcoin’s price action, outlining key support and resistance levels amid ongoing market volatility. Options analysis firm GreeksLive noted that investors are closely watching the $82,000 level as a vital support for Bitcoin. According to their latest report, it is essential that this level is maintained in order for Bitcoin to continue its upward momentum on higher time frames. The broader crypto community is quite concerned about Bitcoin’s recent decline, especially after the asset saw a sharp 17% drop in three days. Analysts and traders are now debating…

Ethereum price has declined for three consecutive days, forming a death cross pattern and risking a drop to $1,500. Ethereum (ETH) fell to $2,430 on Wednesday, down more than 40% from its highest level in November. The coin has dropped and underperformed Bitcoin (BTC) and other major altcoins as exchange-traded fund inflows slowed and challenges within the ecosystem persisted. Data from TokenTerminal shows that the fees generated by Ethereum have continued to decline in recent months. The network earned $9.8 million last week, significantly lower than last year’s weekly high of over $217 million. Networks such as Tron (TRX), Jito…

A recent study reveals significant cryptocurrency adoption and optimism in Australia, with nearly a third of Australians having owned crypto and a majority believing in its future acceptance. Close to 60% of Users Report Profits Nearly a third (32.5%) of Australians have now owned cryptocurrency, while 42.9% “believe crypto will be widely accepted in the future,” a new study found. Besides the “record high” adoption rate, the study also found that 95% of respondents were aware of at least one cryptocurrency. According to a press statement, 57.3% of Australian respondents reported making a profit, and 20.5% are investing $500 or…

What Is the Sonic Blockchain? Sonic is a relatively new Layer-1 blockchain created by Sonic Labs, formerly known as Fantom. The network was co-founded and architected by Andre Cronje, a well-known figure in the blockchain industry who previously contributed to numerous DeFi protocols like Yearn and Keep3r. Under his technical leadership, Sonic focuses on two main things: very fast speeds and helping developers earn money from their work. Sonic works with Ethereum-based apps and can handle up to 10,000 transactions every second. It confirms these transactions in less than one second, which makes it a powerful platform for moving digital…

In a groundbreaking move that has sent ripples of excitement through both the cryptocurrency and artificial intelligence sectors, Coinbase and NEAR Protocol, along with other key players, have announced a strategic alliance. This isn’t just another partnership; it’s a bold step towards building the future of open and accessible AI services within the decentralized landscape. For those deeply invested in the crypto world and fascinated by the potential of AI, this news signals a significant shift – the convergence of two transformative technologies to unlock unprecedented opportunities. Unveiling the Revolutionary AI Services Alliance What exactly is this AI services alliance…

The BTC price has broken down from key support levels creating an uncertain market where prices need to be rediscovered. The price may recover if it stays above critical support yet may fall more if it drops beneath this important threshold. The market requires $90,000 price recovery to maintain bullish momentum since failure could indicate extensive price adjustments. Bitcoin has broken down from its established range lows, entering uncertain territory as it tests a key technical support level. The major cryptocurrency remains in position to stay above its vital 200-day Exponential Moving Average whilst experiencing vital market direction pressures. Bitcoin…

The ETH/BTC price moves toward a substantial resistance zone which might enable it to initiate a strong upward movement. Investors continue to accumulate near a $2,369 support level indicating possible price growth if $2,524 resistance can be overcome. The combination of rising momentum with falling wedge pattern has the potential to generate ETH price gains which could extend up to $2,570-2,600. Ethereum’s price action against Bitcoin has reached a crucial turning point, with indicators suggesting a potential shift in momentum.ETH has reached a substantial demand area following its extended price drop therefore experts predict market recovery will happen soon. #Ethereum…

Blackrock has transferred about 18,168 ether and 1,800 bitcoin, worth around $44 million and $160 million, to the centralized crypto platform Coinbase. Blackrock’s Digital Asset Strategy and Rebalancing in the Spotlight Onchain observers noted that the transfers occurred within a short window, indicating that the financial giant Blackrock is actively moving its digital asset holdings. In total, the estimated combined value stands around $204 million, signaling a strong presence in the cryptocurrency sector. Of course, Blackrock has not issued a formal statement on its intentions, leaving analysts to speculate on whether it aims to redistribute, sell, rebalance, or simply custody…

Cryptocurrency analytics firm Santiment has published an updated list of altcoin projects that developers are most focused on in the Solana ecosystem, which has perhaps benefited the most from the memecoin craze. Although the Solana ecosystem has weakened somewhat on the memecoin side with the general decline in the cryptocurrency market in recent days, thousands of memecoins are still being launched on the Solana network on a daily basis. However, memecoin launch statistics obtained through PumpFun point out that the number of launches has decreased from the peak. Despite the general decline in the Solana ecosystem, Santiment analysts listed the…

MetaMask, the popular self-custodial crypto wallet for the Ethereum (ETH) network, shared a flurry of announcements on Thursday, aimed at improving its wallet’s user experience. Part of Metamask’s revamped roadmap includes adding smart contract capabilities to its current wallet. At the moment, MetaMask is an Externally Owned Account (EOA), a type of wallet that is controlled by a public and a private key. One of the main downfalls with EOAs is that it is subject to human error, meaning if you forget your private key, you lose your crypto holdings in that account forever. The other type of wallet that…