Author: NBTC
San Francisco Cloudflare, Inc. released its fifth annual year in review report. The connectivity cloud company’s report goes through the most popular internet services, providing global internet insights and security trends for 2024. Binance was the crypto industry’s representative, making it into the top six. According to Cloudflare, financial services cover everything from traditional banking to crypto and tax tools. According to the 2024 report, the top six financial services are Stripe, Trading View, Alipay, PayPal, Nubank, and Binance. Cloudflare’s network presently extends across over 330 cities in over 120 regions, serving an average of over 63 million HTTP(S) requests…
China’s stimulus package is expected to be the reason for the rise in Bitcoin and altcoins. Many analysts think that China’s economic stimulus can revitalize the Bitcoin and cryptocurrency markets. Bitfinex analysts said that China’s upcoming fiscal stimulus, expected to be announced on October 12, could positively impact Bitcoin and the broader cryptocurrency market, The Block reported. Noting that China’s fiscal stimulus plans have become a focal point even for Bitcoin and cryptocurrencies, Bitfinex analysts said that a little more liquidity could benefit riskier assets like BTC. “We expect the significant amount of fresh liquidity injected into the market to…
Ethereum price takes a sharp 12.8% dive to breach the $3500 floor during Monday’s U.S. market session. The pullback was triggered by Bitcoin’s struggle to sustain above $100k and a massive $1.52 Billion liquidation across the crypto market. However, the retracement witnessed a surge in whale accumulation, signaling the potential for a bullish turnaround. According to Coingecko, the global crypto market cap is at $3.6 Trillion with an intraday loss of 7%, while the 24-hour trading volume is at $483.2 Billion. Key Highlights: Ethereum price history suggests a bullish outlook for ETH holders in December. ETH whale accumulation coincides with…
The cryptocurrency market has experienced a notable shift over the past week, with Dogecoin emerging as the top-performing crypto asset among the top 10 cryptocurrencies by market capitalization. With an increase of 22.3% in its 1-week returns, the meme coin surpassed Bitcoin and Ethereum. 📸 Grayscale Crypto Snapshot – AssetsOur weekly snapshot of the top 10 #crypto assets by 1 week returns.–$DOGE #bitcoin #ethereum $SOL $AVAX $BNB $XRP $ADA $TON $TRX pic.twitter.com/lrvTmXVDwC — Grayscale (@Grayscale) October 18, 2024 Read also: Meme Coins Rally: Dogecoin and Bonk Surge as Bitcoin Profits Flow In While Bitcoin saw a 1-week gain of 11.9%,…
While stock market listings are very important for the relevant altcoins, there are big increases in prices. In these listings, the fact that the relevant altcoin is a memecoin ensures that there is a further increase due to the interest of investors. At this point, while investors closely follow the listings of exchanges such as Binance and Coinbase, on-chain analyst Ai shared his analysis of Coinbase’s listing criteria and the path it followed. Accordingly, while Coinbase added 34 altcoins to its listing roadmap in 2024, it was stated that seven of them were memecoins and constituted 20.58% of the total…
Bitcoin miners have always been a reliable indicator of the overall sentiment within the market. By tracking their earnings and actions, we can get a sense of where the price of BTC might head next. In this article, we’ll explore the latest trends in Bitcoin mining, how miners are reacting to current market conditions, and what we can learn from key indicators to gauge how Bitcoin miners are positioning themselves for the coming weeks and months. State of Miner Earnings One of the best ways to assess Bitcoin miner sentiment is to examine their earnings in relation to historical data.…
Currently, Ethereum has witnessed a huge increase in profit-taking transactions. On December 9, Spot on Chain detected a diamond-hand whale who deposited the remaining of his 11,639 ETH tokens to Kraken. The move, which amounts to $46.37 million at the current market price, has captured the market’s attention. As reported by the on-chain tracker, this whale in the past withdrew 96,639 ETH from Coinbase at $1,580 in September 2022. The investor later deposited all of the amounts to Kraken at $3,080 between March and December 2024. If these were indeed trades, the investor would have gained approximately $145 million (95%…
Ethena has broken out of a rare bullish pattern on the one-day charts and could see gains of over 65% from the current price. Over the last seven days, Ethena (ENA) — best known for the USDe stablecoin — rose 24.4%. The crypto asset’s market cap surpassed the $1 billion mark on Oct. 14. It is now up 200% from its lowest point in September, and sits at $1.14 billion. Its daily trading volume hovers over $318 million. According to analysts, Ethena has broken out of multiple patterns on the 1-day chart, which points to further upside. Anonymous trader CryptoBull_360…
The world of crypto has often been compared to a rollercoaster: soaring heights and sharp descents. But in the case of Mythical Games, it feels more like a carefully calculated ascent. Over the past month, MYTH, the utility token anchoring the Mythical Games ecosystem, has doubled in price, fueled by growing market confidence in the GameFi titan’s trajectory. At the heart of this momentum lies the announcement of FIFA Rivals, a mobile football game developed in partnership with FIFA and set to launch in mid-2025. For a company already dominating with licensed sports games like NFL Rivals, Mythical’s foray into…
Binance has announced that the inscription marketplace has been removed from the Binance wallet feature and users will no longer be able to buy or sell inscription assets on the platform. Launched in February 2023, the inscription marketplace initially supported BRC-20 tokens and other blockchain inscription assets, marking Binance’s entry into this rising trend. However, Binance’s decision will not affect the trading of inscription-themed altcoins such as ORDI and SATS on the platform, but it may negatively impact the inscription concept that these tokens are linked to. The rise of Bitcoin inscriptions in 2023 has garnered a lot of attention…