Author: NBTC
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In the decade since Ethereum co-founder Gavin Wood first coined the term “web3,” we’ve seen the promise of a new digital empire rise into reality. Cryptocurrency has become a trillion-dollar mainstain of the global economy; NFTs have entrenched themselves in high-stakes art and investment trades; blockchain-based financial services have transitioned from novelty to normal. You might also like: Meme coins are everything wrong with web3 | Opinion For all the above, we can thank the dreamers and…
A veteran trader says he’s hesitant to flip bullish on Bitcoin (BTC) just yet considering the possibility of another November 2018-style crash. In November of 2018, BTC broke down below $6,000 after consolidating in a narrow range for over six months, and while many were eager to buy the dip, Bitcoin didn’t bottom out until it nearly touched $3,000. Pseudonymous trader DonAlt tells his 568,000 followers on the social media platform X that he thinks traders look too eager to be bullish on BTC after Bitcoin took out its psychological support at $60,000. “I personally think people are flipping bullish…
Shiba Inu and XRP rank among the top traded futures on Bitrue amid increasing interest in both cryptocurrencies. Shiba Inu (SHIB) and XRP have surged into the top 10 most traded assets on the Singapore-based Bitrue exchange this week. These assets have joined the ranks of other highly traded cryptocurrencies, such as Bitcoin, Solana, and Ethereum, reflecting significant market activity and interest. 📢 Here’s a quick recap of #Bitrue Futures Top 10 traded assets this week 👉 $BTC👉 $ETH👉 $XRP👉 $SOL👉 $GALA ..and many more! Check out our futures liquidation insurance event 👉 https://t.co/Ace7yoiaqb pic.twitter.com/oCskCcljKs — Bitrue (@BitrueOfficial) May 25,…
Bitcoin halted a potential rebound in the early hours of Thursday as onchain trackers spotted another significant BTC transfer by the German government. Data from Arkham Intelligence shows the government transferred 700 BTC, or roughly $40.55 million, to the unmarked address 139PoP…H7ybVu in the early hours of Sunday. Crypto users suspect the address might belong to an OTC service or an institution. The latest transfer joins the list of significant daily BTC transfers by the German government since last week. Crypto trackers have linked most of the previous transfers to centralized exchanges, coinciding with the recent crypto crash that saw…
General Updates Neo released NeoCLI v3.7.4, which is now live on the TestNet and MainNet. The update is designed to facilitate third-party integrations via enhanced support for Koblitz- and Keccak256-based witnesses. Neo is collaborating with the BugRap platform to reach more security experts that can help with the recently launched Neo X TestNet Bug Bounty Program. Neo announced the results of its MelkDAO campaign. 50 winners were chosen to receive $GAS rewards for completing tasks on the learn-to-earn bot in the Neo Discord. ITEM Systems announced an activation at Consensus 2024. Team members from ITEM Systems, COZ, The Smart Economy…
Peter Brandt, a well-known commodity trader, recently stated that he had spotted a short-term Bitcoin buy signal. “The pattern in Bitcoin is something I call a foot shot (Friday). This is a buy signal short term,” Brandt wrote on his X social media account. The pattern in Bitcoin is something I call a foot shot (Friday). This is a buy signal short term. pic.twitter.com/D5jz7FrQFS — Peter Brandt (@PeterLBrandt) July 6, 2024 The commodity trader has also noted that the current correction is the largest correction so far during the ongoing bullish cycle that started in December 2022. On Friday, the…
To control XRPH supply in light of the increased demand, XRP Healthcare stops token swap. The platform intends to blackhole account issuing and prevent new swap features. Pharma and healthcare-focused blockchain-centric platform XRP Healthcare revealed a calculated decision to suspend its XRP to XRPH token swap function. This choice reflects the increasing interest and usefulness of the token in the healthcare industry and is in reaction to the previously unheard-of demand for XRPH coins. 📢 XRP Healthcare will stop XRP to XRPH Swap Facility, Ensuring Token Scarcity on June 7th. This decision comes in response to the unprecedented demand for…
The official marketing lead of the Shiba Inu team, who prefers to be called Lucie on social media, has published a tweet to share a link to a recently posted SHIB video on TikTok. Lucie stated that it has an “epic” soundtrack. This video contains an important message that the SHIB team sends to the Shiba Inu army through this TikTok video. The video contains a voice message, stating: “To the ones who counted me out. To those who did not believe in me and those who left me for dead. I’m still here and I’m not quit.” The text…
As Bitcoin (BTC) aims to reclaim the $60,000 support, an analyst has opined that the asset’s past performance indicates more upside potential, possibly reaching six figures. According to the analyst with the pseudonym apsk32, Bitcoin could be on a trajectory to reach $225,000 in the next several months. The analyst, in a post on X on July 7, noted that the projection is based on an assessment of Bitcoin’s historical price movements and its alignment with a power law support model. Apsk32’s model considers the cyclical nature of Bitcoin’s price movements, historically characterized by four-year cycles. Each cycle typically culminates…
The non-fungible tokens are continuously showing increasing popularity in the market. This week, the 5 prominent NFT collections have witnessed significant spikes in sales with “Solana Monkey,” “Gods Unchained,” and “?? BRC-20 NFTs” being the most well-known among them. As per the market data, in the top five NFT collections, Solana Monkey has the top spot with a remarkable increase in its sales volume. Solana Monkey Rules the NFT Market in Terms of Sales Volume The NFT collection Solana Monkey has a sales volume of up to $4,357,059 at the moment. The respective figure indicates a jump of up to…