Author: NBTC
Cryptocurrency analytics firm Alphractal has revealed a significant shift in Bitcoin address activity. While the number of addresses holding more than 100 BTC has increased rapidly, there has been a significant decrease in addresses holding more than 10,000 BTC. In its latest report, Alphractal analyzed the dynamics of Bitcoin addresses to identify potential trends and market behavior. The firm noted that addresses holding more than 100 BTC are often linked to institutional users, miners, and other high-net-worth individuals, commonly referred to as “sharks.” In contrast, the largest Bitcoin addresses, those holding more than 10,000 BTC, are typically controlled by exchanges,…
The NFT market sales have surged amid mixed cryptocurrency price action, with Bitcoin reclaiming the $100,000 level while Ethereum retreated from last week’s $4,000 mark. The global cryptocurrency market capitalization has slightly contracted to $3.63 trillion from last week’s $3.67 trillion as per CoinMarketCap data. According to the latest data from CryptoSlam, the NFT market has surged 16.36%, with total sales volume reaching $224.5 million. However, the data shows that the number of unique buyers has decreased by 73.97% to 180,641. You might also like: Spot Ethereum ETFs break a key record: can ETH price hit $5k? Ethereum network sees…
Ethereum’s TVL reached $77.15 billion, driven by a $7.79 billion surge in one week. Exchange inflow volumes hit their lowest in a month, signaling reduced selling pressure. Ethereum’s breakout from a descending triangle pattern indicates strong bullish momentum. Ethereum’s Total Value Locked (TVL) has reached a record-breaking $77.15 billion, marking an increase of $7.79 billion within a week. This growth underscores Ethereum’s dominance among blockchain platforms, driven by a rising price and increased ecosystem activity. Ethereum TVL Hits All-Time HighEthereum’s Total Value Locked (TVL) has reached a record-breaking high, driven by the recent surge in Ethereum’s price. The top five…
BSCS Global has achieved a remarkable milestone by ranking as the top 3 crypto launchpad for current and ATH ROI over the past 3 months (since September). This accomplishment reflects successful crypto projects launched through BSCS, providing remarkable value to both partners and investors. BSCS is a decentralized protocol that supports the incubating and launching of new blockchain projects. By working with project owners to conceptualize innovative ideas and transform them into execution, BSCS enables crypto projects to come into reality. 🔥 @BSCS_Global Secures #3 Spot in Top Launchpads with Current and ATH ROI 🔥We’re proud to rank as the…
deBridge’s governance token, DBR, launched with an airdrop distributed to nearly half a million early users and community members. The token, based on Solana, has an initial circulation of 1.8 billion out of a maximum 10 billion supply. Recipients can claim their tokens in two phases, with a penalty for early full withdrawal. Trading for DBR began at $0.03 per token, aiming for a fully diluted valuation of $300 million. The governance token of cross-chain crypto platform deBridge (DBR) went live earlier Thursday with an airdrop to 491,286 early users and loyal community members across DeFi. DBR is an SPL…
BlackRock’s Larry Fink is a financial genius. But his growing influence on Bitcoin should concern the crypto industry
Larry Fink is a finance genius who runs the largest asset management company in the world, handling a mind-blowing $11.5 trillion. That’s more money than the GDPs of most countries. For years, Larry wasn’t interested in Bitcoin, and he wasn’t quiet about it. Back in 2018, he called it “an index of money laundering” and brushed it off as a passing fad. Fast forward to 2024, and now he’s not just singing a different tune — he’s leading the orchestra. But his sudden love affair with Bitcoin should terrify anyone who cares about what this cryptocurrency was originally meant to…
A recent attempt was made to break Ethereum’s psychological resistance of $4,000, a crucial level that is fundamental for the asset’s performance. Although Ethereum has been steadily rising since November, the asset’s short-term trajectory is called into question by this rejection at $4,000. The current price of ETH is about $3,915, which is just below the target of $4,000. A sound bullish structure with higher lows and higher highs is evident in the price action. Strong selling pressure, however, is indicated by the rejection at $4,000, which may cause a brief retracement before another upward move. The most important support…
MicroStrategy officially joined the Nasdaq 100 on Friday, cementing its place among an elite group of companies. Nasdaq announced the listing in a press release detailing the annual changes to the Nasdaq-100 index. MicroStrategy’s MSTR stock rose on news of the listing in after-hours trading 0.57% and is currently trading at $411.00, starting the day at $400.07, according to MarketWatch. For Bitcoin enthusiasts, this milestone is a moment of vindication, showcasing how far the cryptocurrency industry has come in gaining institutional recognition. HISTORY: MAJOR EXCHANGE NASDAQ ADDS MICROSTRATEGY TO TOP 100 STOCK INDEX ITS 1st #BITCOIN COMPANY 🔥 pic.twitter.com/vQihZu4DQ5 —…
Crypto YouTuber Coffeezilla has received a wave of abusive emails from angry Andrew Tate fans after he quizzed the alleged human trafficker on his sketchy crypto endorsements. Coffeezilla began receiving the messages just hours after attempting to enquire about a series of crypto projects Tate has promoted, including $VENOM, $DADDY, and the reportedly hacked $ROOST coin. He also asked Tate about his attempts to get his The Real World coin ($TRW) regulated by the Securities and Exchange Commission (SEC) despite him previously tweeting, “SEC come for me, there’s no SEC in Romania, we’re scammers.” This line of questioning clearly rubbed…
Microsoft shareholders to vote on Bitcoin investment proposal in an hour, what we should expect?
Microsoft’s shareholder vote on the Bitcoin investment proposal is approaching, but prediction market traders see only a small chance that it will pass. Polymarket bettors predict that Microsoft shareholders will not approve the Bitcoin investment proposal, estimating only a 11% likelihood of a favorable vote. The odds of approval initially peaked at 22% when the poll was launched, but have since declined. According to an October filing with the SEC, the highly anticipated vote will take place at 8:30 AM PS today, with the results expected to be announced soon after the conclusion of the meeting. Microsoft’s board of directors…