Author: NBTC
Ethereum price started a decent recovery wave above the $3,240 zone. ETH is rising and facing hurdles near the $3,480 zone. Ethereum started a minor recovery wave above the $3,240 zone. The price is trading above $3,320 and the 100-hourly Simple Moving Average. There was a break above a short-term contracting triangle with resistance at $3,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,480 resistance level. Ethereum Price Gains Over 5% Ethereum price started a recovery wave above the $3,150 level like Bitcoin. ETH was able to…
The United States Securities and Exchange Commission (SEC) filed its opening brief in the XRP lawsuit on Wednesday, sparking discussions across the crypto community. Meanwhile, XRP soared to a seven-year high of $3.10, gaining significant attention. Jeremy Hogan, a partner at Hogan & Hogan, criticized the SEC’s brief, calling it “lackluster” and suggesting that even the brief’s author seemed aware of the weak arguments. Hogan highlighted that the SEC’s appeal focuses solely on Judge Analisa Torres’ ruling that XRP, when sold to retail investors, is not a security. This SEC brief was hard to work thru because, IMO, the case…
Bitcoin continues to set new records this year as traders begin eyeing a six-figure price for the world’s largest crypto and according to analysis of the asset’s derivatives market, it’s yet to overheat. The asset climbed to well above $97,000 late Wednesday evening, blasting through its previous highs above $95,000 in less than an hour, CoinGecko data shows. Its seesawing price has triggered a $100 million cascade of liquidations over the last 24 hours, with 80% of those coming from short sellers or those betting the price would head lower, according to data from CoinGlass. Volatility has returned significantly this…
Spot Ethereum ETFs let investors track ETH prices directly without holding the tokens. Futures-based Ethereum ETFs add complexities like rollovers but allow market speculation. Combined ETFs diversify risk by exposing investors to both Ethereum and Bitcoin. As we step into January 2025, Ethereum ETFs continue to evolve, offering diverse options like spot, futures, leveraged, and even combined Bitcoin-Ethereum funds. Whether you’re seeking direct exposure, hedging against price drops, or amplifying returns, these ETFs cater to all risk appetites and strategies. Spot Ethereum ETFs The spot Ethereum ETFs hold the real tokens of Ethereum; hence, the price directly follows the market…
A top market analyst has spotlighted the role of VeBetterDAO in sustainability. VeChain has continued to drive sustainability initiatives with strategic partnerships. VeChain’s VeBetterDAO has made huge progress in terms of real-world use cases. Crypto analyst Altcoin Scholar on X recently highlighted VeBetterDAO’s impact on sustainability, transparent impact tracking, and NGO/enterprise partnerships with VET. Let’s talk about REAL RWA use cases. Discover VeChain’s #VeBetterDAO $VET – Marketplace for sustainable assets/actions– Full community ownership & governance– NGO + Enterprise partnerships– Transparent impact tracking This is what meaningful tokenization looks like. 🌏… pic.twitter.com/cmPrQBQow6 — Altcoin Scholar (@AltcoinScholar) November 26, 2024 VeBetterDAO drives…
The United States Securities and Exchange Commission (SEC) has filed its much-awaited arguments in its appeal against Ripple’s legal victory. In its opening brief submitted to the Court of Appeals for the Second Circuit on January 15, the SEC argued that a New York District Court was wrong to declare that Ripple’s programmatic sales on digital exchanges were not securities. The regulator also disputed the lower court’s decision regarding Ripple’s XRP-related non-cash transactions, which were also deemed non-securities. SEC Faults District Court’s XRP Programmatic Sales Ruling Recall that U.S. District Judge Analisa Torres held in July 2023 that Ripple did…
Bitcoin prices hit $97,765 in early trading in Asia on Thursday, Nov. 21, according to Tradingview on Bitstamp. The cryptocurrency has now gained a whopping 40% since Donald Trump’s presidential election victory earlier this month, adding more than $28,000 to its price. To put this into perspective, one BTC traded for around $28,000 in October 2023, just over a year ago. Moreover, BTC is now around 2% away from hitting the milestone six-figure price of $100,000. Where we’re heading, $100K candles are the new $10K candles. — K A L E O (@CryptoKaleo) November 21, 2024 Experts and Analysts React…
GraFun, a well-known platform driving the memecoin ecosystem development, has joined forces with FlokiFi, a prominent DeFi product suite. In this partnership, FlokiFi is supporting GraFun’s Alpha Launch to boost trust and security for memecoin projects. The platform revealed this development on its official social media account. ♨️FlokiFi Joins Forces with GraFun’s Alpha Launch! ♨️🔥 We’re turning up the heat with @FlokiFi, as the powerhouse behind the ultimate locking mechanism, is integral part of the new GraFun’s mechanic — Alpha Launch! 💥🛠️Imagine seamless liquidity security, rock-solid trust… pic.twitter.com/7TB50Thjb3 — GraFun Labs (@GraFunLabs) January 16, 2025 GraFun’s Alpha Launch Leverages FlokiFi…
A charity NFT project launched Friday from notable artists in the Web3 world, letting minters purchase digital art while supporting families affected by the Los Angeles wildfires, with all proceeds going to a local nonprofit providing emergency supplies to those in need. The “I Heart LA” collection, curated by Web3 fashion startup mmERCH, features digital artwork from seven prominent artists: CryptoPunks creator Larva Labs, Grant Yun, CrypToadz creator Gremplin, Nice Aunties, Chikai, ClownVamp, and Goyong. Anyone who mints one of the Ethereum NFTs will randomly receive one of the seven new works. The pieces will be available for purchase from…
Ethereum’s price has been gradually declining after the rejection from the $4,000 resistance level. Yet, things might finally change soon as the asset bounced off the $3,000 support. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been making lower highs and lows over the past few weeks after getting rejected from the $4,000 resistance zone. The $3,500 level has also been lost, as the market has corrected all the way back to $3,000 and the 200-day moving average, located around the same price mark. Yet, this level has supported the largest altcoin,…