Author: NBTC
xPortal, a crypto-based financial app on the MultiversX blockchain, has added Shiba Inu among crypto assets usable via its card service. In a Friday announcement, xPortal disclosed that it is opening new top-up avenues for its crypto debit card service. Following the update, crypto enthusiasts can now top up their cards with various crypto assets like Shiba Inu and spend them immediately. Notably, other assets xPortal added as new top-up avenues for its debit card service include Chainlink (LINK), Uniswap (UNI), popular meme coins Dogecoin (DOGE) and PEPE, and stablecoins USDT and USDC. New top up avenues available! 🗣️ Top…
The latest price analysis by Coinidol.com report, Ethereum (ETH) price has broken down after being stuck between the moving average lines. Long-term analysis of the Ethereum price: bearish The bulls and bears have started a price battle for control of the market. After a two-week price battle, the bears have gained the upper hand after breaking the 50-day SMA or the critical support at $3,400. This resulted in the crypto price falling below the moving average lines as it hit the low of $3,231 and retreated. Ether has made an upward correction but was stalled at the high of $3,431.…
There’s now more than $7 million wagered on U.S. President Joe Biden dropping out of the election on crypto betting site Polymarket. And after his performance during the first 2024 Presidential Election debate against presumptive Republican nominee Donald Trump, the odds that he will leave the race have spiked to 38%. Meanwhile, the biggest political betting pool on the site—$191 million that’s being wagered on the winner of the election—now shows a 63% chance that Trump will win in November. That’s despite the fact that the former president is now a convicted felon and is still awaiting sentencing in July.…
In a recent flurry of activity within the cryptocurrency market, Shiba Inu (SHIB) has seen a significant increase in trading volume and price. According to the latest report from Lookonchain, a notable $35.2 million was invested into purchasing approximately 1.356 trillion SHIB by nine wallets, which include two prominent whale accounts. These transactions occurred over a span of just 12 hours, leading to a noticeable impact on the market. The price of SHIB surged nearly 6% during this period, aligning closely with the overall upward trend observed across the broader crypto market. However, the specifics of these large purchases have…
In a recent development, a court has ruled against the Securities and Exchange Commission (SEC) for illegally rescinding a rule on proxy advisory firms. Ripple CLO Stuart Alderoty highlighted this event, noting that the move was made without following the Administrative Procedure Act, with SEC Chairman Gary Gensler personally directing the action. The SEC’s Proxy Advisory Firms Rule, enacted in 2020, was designed to increase transparency and accountability by requiring proxy advisory firms to share their voting recommendations with target companies at the same time they share them with their clients, disclose potential conflicts of interest and allow companies to…
In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end of 2022, there was a notable drop in bitcoin or crypto ATMs, with the worldwide count falling from 39,541 to 32,471 by July 2023. Currently, there are 38,279 crypto ATMs, indicating that 5,808 machines have been added over the past 11 months. Approximately 2,564 crypto ATMs have been installed…
After a bearish correction phase, the price has now reached a crucial support zone, defined by the 100-day moving average and the 0.5-0.618 Fibonacci levels. Given the strong demand at this juncture, a mid-term bullish rebound is looking likely. By Shayan The Daily Chart A detailed examination of the daily chart reveals that Ethereum has entered a significant support zone following a corrective pullback. This zone spans the price range between the 0.5 ($3421) and 0.618 ($3289) Fibonacci levels, coinciding with the critical support of the 100-day moving average ($3387). This area is poised with potential demand, where market participants…
Though his belligerent stance and demeanor of an aggressive entertainer make discerning Andrew Tate’s honest investment picks difficult to gauge, several assets have emerged as his favorite throughout 2024. The former kickboxing star has been vocal about his support for cryptocurrencies, with Bitcoin (BTC) and Ethereum (ETH) taking center stage. Tate has also dipped his toes in meme coins with the launch of Daddy Tate (DADDY), though the cryptocurrency has, despite early success, failed to take off and has spent much of its existence on a decline. It is also worth pointing out that, much as is the case with…
Australian-rapper-turned-crypto-influencer Iggy Azalea has ruffled some feathers in the cryptocurrency community after posting a meme mocking Ethereum co-founder Vitalik Buterin. Azalea’s meme features herself holding a baby with the head of the prodigy behind the second-largest cryptocurrency. The rapper’s caption says that Buterin was just “hangry” (a portmanteau of hungry and angry). This came after Buterin criticized celebrity meme coins in early June. In his response to a post about Azalea’s newly launched Mother Iggy (MOTHER) token. The Ethereum co-founder said that he was “quite unhappy” about the latest meme coin craze. He opined that celebrity crypto projects should have…
Sony Group, a Japanese conglomerate known for games, music, and cameras, has officially entered the crypto exchange market with the acquisition of Amber Japan, according to crypto reporter Wu Blockchain. Amber Japan, previously known as DeCurret, is the Japanese subsidiary of the global Amber Group, providing regulated digital asset trading services. Exclusive: Sony Group, one of Japan’s largest companies, has acquired Amber Japan, officially entering the crypto exchange field. Sony’s businesses include games, music, cameras, etc., with a market value of more than $100 billion. Singapore market maker Amber Group acquired… pic.twitter.com/XOHFIUmKtJ — Wu Blockchain (@WuBlockchain) July 1, 2024 According…